Alcoa, HP, Bank of America dropped from Dow
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Alcoa, HP, Bank of America dropped from Dow

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    Colts fan & Stoker owner RitcheyRch's Avatar
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    Default Alcoa, HP, Bank of America dropped from Dow

    Have to keep the propped up for the sheep.


    Goldman Sachs, Nike and Visa added to the Dow


    The S&P Dow Jones Indices announced Tuesday that it is dropping Alcoa, Hewlett-Packard and Bank of America from the Dow Jones industrial average.

    Goldman Sachs, Visa, and Nike will be added to replace them.
    According to the statement, the "index changes were prompted by the low stock price of the three companies slated for removal and the Index Committee's desire to diversify the sector and industry group representation of the Index."
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    Icy
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    Who looks at the DOW anyway? Look at the S&P at a minimum...
    Last edited by Icy; 09-10-2013 at 10:14 PM.

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    gn7
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    Quote Originally Posted by RitcheyRch View Post
    Have to keep the propped up for the sheep.


    According to the statement, the "index changes were prompted by the low stock price of the three companies slated for removal and the Index Committee's desire to diversify the sector and industry group representation of the Index."
    That's pretty funny. They did it to "diversify" the sector. So they replaced a financial, industrial, and consumer goods firms and replaced them with 2 financials and 1 consumer goods. Makes sense in a Obama sort a way



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