Recent changes to the Dow Jones industrial average

AP News
|
Posted: May 10, 2012 9:36 AM
Recent changes to the Dow Jones industrial average

The Dow Jones industrial average has evolved continually since it was introduced in 1896. The original 12 "smokestack" companies included names like American Cotton Oil, Tennessee Coal & Iron, National Lead and U.S. Rubber.

Here are the most recent changes made to the 30 components of the Dow:

_ June 8, 2009: Ailing Citigroup and bankrupt General Motors are removed from the Dow. Travelers, a major insurer, and Cisco Systems replace them.

_ Sept. 22, 2008: American International Group is removed during the financial crisis. Kraft Foods replaces it.

_ Feb. 19, 2008: Altria Group and Honeywell International are removed and replaced by Bank of America and Chevron.

_ Nov. 21, 2005: SBC Communications, a Dow member, changes its name to AT&T Inc. after acquiring the rival phone company.

_ April 8, 2004: AT&T, Eastman Kodak and International Paper are removed. AIG, Pfizer and Verizon Communications are added.

___

Source: Dow Jones Indexes.