logo

Hot News show next Hot News


Advocat Joins Russell Microcap Index
Tuesday, July 08, 2008 4:05 PM
Symbols: AVCA
enter symbol
enter search string

Bookmark This Article

BRENTWOOD, Tenn., July 8, 2008 (PRIME NEWSWIRE) -- Advocat Inc. (Nasdaq:AVCA) today announced that the company joined the Russell Microcap Index as part of the Russell Investment Group's reconstitution of its family of U.S. indexes on June 27, 2008. Membership in the Russell Microcap Index, which remains in place for one year, results in automatic inclusion in the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes. With more than $213 billion in assets under management, Russell serves individual, institutional and advisor clients in more than 40 countries.

Chief Executive Officer, William R. Council, III commented, "Advocat's inclusion in this leading benchmark index is an important milestone for the company which we believe will increase our visibility in the investment community as we continue to execute on our business strategy."

Advocat provides long-term care services to patients in 50 skilled nursing centers containing 5,773 licensed nursing beds, primarily in the Southeast and Southwest. For additional information about the Company, visit Advocat's web site: http://www.irinfo.com/avc.

CONTACT:  Advocat Inc.
          William R. Council III, President and Chief Executive 
           Officer
          (615) 771-7575
          Cameron Associates
          C. Rodney O'Connor
          (212) 554-5470
(Source: PrimeZone )



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 300 contributors and press releases, SEC filings and full text news from thousands of sources.
(0)
No Comments

Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia