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Dow Jones Industrials ReShuffling
Posted By Barry Ritholtz On April 1, 2004 @ 9:16 am In Finance | Comments Disabled
Dow Jones shuffle:
AT&T, Eastman Kodak and International Paper out.
Dow Jones Adds AIG, Pfizer, Verizon To DJIA
(Effective April 8, 2004)
Recall we predicted Kodak was out back on September 26, 2003 .
There were two big surprises in this reshuffling:
· First, swapping Verizon for AT&T. (SBC is already there, but it shows you the strength of VZ, and the damage to Telephone from Michael Armstrong’s disasters stewardship);
· Second, there were no big tech stocks added: No Cisco Systems, no Dell Computer, no Applied Materials.
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URL to article: http://www.ritholtz.com/blog/2004/04/dow-jones-industrials-reshuffling/
URLs in this post:
 September 26, 2003: http://bigpicture.typepad.com/comments/2003/09/kodak_buhbye.html
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