Longhorn
Evil Genius
- Joined
- Dec 5, 2001
- Posts
- 1,294
Havent seen much on this yet but caught some info on MSNBC regarding the change this morning.
Component Change Made to Dow Jones Transportation Average
>
> NEW YORK, Sept. 14, 2005 (PRIMEZONE) -- Dow Jones Indexes, a leading
> global index provider, today announced component changes in the Dow
> Jones Transportation Average.
>
> Delta Air Lines Inc. (DAL) and Northwest Airlines Corp. (NWAC) will be
> deleted from the Dow Jones Transportation Average index at the close of
> business on Friday, September 16.
>
> Delta Air Lines Inc. (DAL) will be replaced by Overseas Shipholding
> Group Inc. (OSG) and Northwest Airlines Corp. (NWAC) will be replaced
> by JetBlue Airways Corp. (JBLU). Delta Air Lines Inc. and North
> Northwest Airlines Corp. are being removed because the two airlines
> filed for protection under bankruptcy laws.
>
> The changes in the Dow Jones Transportation Average will be effective
> at the start of trading on Monday, September 19. On the same date the
> two stocks will be deleted from the Dow Jones U.S. Total Market Index
> but will not be replaced.
>
> The Dow Jones Transportation Average index tracks 20 U.S.
> transportation stocks. Other members of the Dow Jones Averages family
> are the Dow Jones Industrial Average, the Dow Jones Utilities Average
> and the Dow Jones Composite Average.
>
> Further information, as well as the component list of the Dow Jones
> Transportation Average, can be found on the Dow Jones Indexes Web site
> at http://www.djindexes.com.
Component Change Made to Dow Jones Transportation Average
>
> NEW YORK, Sept. 14, 2005 (PRIMEZONE) -- Dow Jones Indexes, a leading
> global index provider, today announced component changes in the Dow
> Jones Transportation Average.
>
> Delta Air Lines Inc. (DAL) and Northwest Airlines Corp. (NWAC) will be
> deleted from the Dow Jones Transportation Average index at the close of
> business on Friday, September 16.
>
> Delta Air Lines Inc. (DAL) will be replaced by Overseas Shipholding
> Group Inc. (OSG) and Northwest Airlines Corp. (NWAC) will be replaced
> by JetBlue Airways Corp. (JBLU). Delta Air Lines Inc. and North
> Northwest Airlines Corp. are being removed because the two airlines
> filed for protection under bankruptcy laws.
>
> The changes in the Dow Jones Transportation Average will be effective
> at the start of trading on Monday, September 19. On the same date the
> two stocks will be deleted from the Dow Jones U.S. Total Market Index
> but will not be replaced.
>
> The Dow Jones Transportation Average index tracks 20 U.S.
> transportation stocks. Other members of the Dow Jones Averages family
> are the Dow Jones Industrial Average, the Dow Jones Utilities Average
> and the Dow Jones Composite Average.
>
> Further information, as well as the component list of the Dow Jones
> Transportation Average, can be found on the Dow Jones Indexes Web site
> at http://www.djindexes.com.