Apple Inc , the largest U.S. company by market value, will join the storied Dow Jones industrial average , replacing AT&T Inc , in a change that reflects the dominant position of iPhone maker in the U.S. economy and society. The decision to nudge aside AT&T, which has been part of the Dow for the better part of a century, is a recognition of the way in which communications and technology have evolved over the last several decades. "This is a sign of the times, and it might get everyone to look at the Dow more than they have been," said Richard Sichel, who oversees $2 billion as chief investment officer at Philadelphia Trust Co. The action, by S&P Dow Jones Indices, had been widely expected since Apple split its shares seven-for-one in June 2014.
via Tech News Headlines - Yahoo News http://ift.tt/1KxrMhd
Brak komentarzy:
Prześlij komentarz