Friday, September 19, 2008

Kraft to Replace A.I.G. in Dow Average

In a statement, Robert Thomson, managing editor of The Wall Street Journal, said A.I.G. would not be replaced in the 30-stock index by another financial company because of “extremely unsettled conditions.” Kraft was chosen because there is no food maker in the industrial average, said Mr. Thomson, who oversees the makeup of the index.

New York Times

No comments:

ShareThis