Dow Jones announced yesterday that it will be replacing two
stocks in its Dow Jones Industrial Average effective Feb 19.
Altria Group (MO) and Honeywell International (HON) will be
replaced with Bank of America (BAC) and Chevron (CVX).
This is the first change in the average since April 2004. The
move reflects the desire of Dow Jones to increase the
concentration of financial service and energy in its
benchmark. In addition, Altria is spinning off its
international operations next month. [via Zacks.com]
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