Tuesday, June 2, 2009

Today's Fly Or Die Commerce Report

General Motors Corporation and Citigroup Inc. will be removed from the Dow Jones Industrial Average on June 8th. The two companies have been disqualified from selling their stock on the Dow due to their bankruptcy filings. The companies will be replaced by the new additions of the Travelers Company and Cisco Systems Inc.

General Motors will also be removed from the Standard's and Poor 500-Stock index tomorrow. GM will be replaced on the index by Devry Inc., an education company.

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