Movers & Shakers July 27, 2010
Civil engineer added at Hayden firm
Austin Storhaug recently joined Durtschi & Associates/Storhaug Engineering Inc. as a civil engineer. He is a recent Magna Cum Laude graduate of Washington State University with a bachelor of science degree in civil engineering. He previously worked as an engineering intern and AutoCAD designer at Storhaug Engineering.
Durtschi & Associates/Storhaug Engineering Inc., offers civil engineering, surveying, landscape architecture and land use planning in the Pacific Northwest from its offices in Spokane and Hayden.
NIC director of adult basic education earns certification
North Idaho College Adult Basic Education/GED Director Rex Fairfield recently earned a national certification in adult education and literacy.
After two years in the Leadership Excellence Academy's intensive training program, Fairfield is now a certified manager in program improvement (CMPI).
Idaho is one of only nine states in which adult educators have achieved this national certification. It is offered through the Leadership Excellence Academy, which was developed by the National Adult Education Professional Development Consortium and ProLiteracy to support continuous improvement and high quality educational services for adult learners.
Timberline Resources joins Russell Microcap Index
Timberline Resources Corp. (NYSE Amex:TLR TSX-V:TBR) was added to the Russell Microcap Index, following the Russell Investment Group's annual reconstitution of its indexes. The Russell Microcap Index is constructed to provide a comprehensive and unbiased barometer for the microcap and smallcap segments trading on national exchanges. Membership in the Russell Microcap Index means automatic inclusion in the appropriate growth and value style indexes.
"Joining the companies comprising the Russell Microcap Index expands our exposure with the professional investment community," said Randal Hardy, Timberline's chief executive officer. "We expect that being part of this widely recognized index will increase our profile and introduce our company to a more widely-diversified investor base."
Russell indexes are extensively used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $3.9 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to a company's weighting in the particular index. Annual reconstitution of Russell indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization to create the Russell 3000 and Russell Microcap Indexes. The largest 1,000 companies in the ranking comprise the Russell 1000 while the remaining 2,000 companies become the widely used Russell 2000. The Microcap Index measures performance of the microcap segment, and includes the smallest 1,000 companies in the Russell 2000 Index plus the next 1,000 companies.
Total returns data for the Russell Microcap and other Russell Indexes is available at http://www.russell.com/Indexes/performance/default.asp.
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