Archive for the ‘Index Changes’ Category

Alcoa, Bank of America and Hewlett-Packard to Be Dropped from The Dow 30

Alcoa Inc. (AA), Bank of America Corp. (BAC) and Hewlett-Packard Co. (HPQ) will be dropped from the Dow Jones Industrial Average next week, in the biggest shake-up of the 30-stock index in almost a decade. Alcoa, a Dow component for 54 years, will be replaced by athletic gear maker Nike Inc. (NKE). Payments company Visa [...]

UnitedHealth To Replace Kraft In Dow Jones Industrial Average

UnitedHealth Group, the health insurance company, will replace Kraft Foods in the Dow Jones Industrial Average, the most widely known barometer of the American stock market. The change will take effect at the start of trading Sept. 24. The change is meant to reflect the growing importance of health care spending in the U.S. economy. [...]

Travelers, Cisco Replace Citi, GM in Dow

Two business icons, C – Citigroup, Inc. and GM – General Motors Corp. will be removed from the Dow Jones Industrial Average as of the start of trading on Monday, June 8, 2009. They are to be replaced by Travelers Cos and Cisco Systems, Inc. GM filed for bankruptcy protection today and Citigroup is on [...]