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Zapata (company)
HRG Group, Inc., formerly Harbinger Group Inc. and Zapata Corporation, is a holding company based in Rochester, New York, having originated from an petroleum, oil company started by a group including future U.S. president George H. W. Bush. In 2009, it was renamed the Harbinger Group Inc. Early business history The company traces its origins to Zapata Petroleum Corporation, founded in 1953 by future U.S. President George H. W. Bush, along with his business partners John Overbey, Hugh Liedtke, Bill Liedtke, and Thomas J. Devine. Overbey was a "landman" skilled in scouting oil fields and obtaining drilling rights cheaply. Bush and Thomas J. Devine were wildcatter, oil-wildcatting associates. Their joint activities culminated in the establishment of Zapata Oil. The company was named for ''Viva Zapata!'', a 1952 biographical film starring Marlon Brando as Mexican revolutionary Emiliano Zapata. The initial $1 million () investment for Zapata was provided by the Liedtke brothers and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russell 2000 Index
The Russell 2000 Index is a small-cap stock market index that makes up the smallest 2,000 stocks in the Russell 3000 Index. It was started by the Frank Russell Company in 1984. The index is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group (LSEG). Overview The Russell 2000 is by far the most common benchmark for mutual funds that identify themselves as " small-cap", while the S&P 500 index is used primarily for large capitalization stocks. It is the most widely quoted measure of the overall performance of small-cap to mid-cap company shares. It is commonly considered an indicator of the U.S. economy due to its focus on small-cap companies in the U.S. market. The index represents approximately 10% of the total market capitalization of the Russell 3000 Index. , the weighted average market capitalization for a company in the index is around $3.1 billion; the median market cap is $1.0 billion. The market cap of the largest company in the index ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |