New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 29, 2012
18:16 EDTAAPL, GOOG, HPQ, BAC, AA, IBM, WFC, BRK.AApple and Google are the leading candidates to enter the DJIA, Barron's reports
The Dow Jones Industrial Average, or DJIA, hasn't adjusted its component companies since 2009 and is overdue for a makeover, Barron's reports. Since that time, Apple (AAPL) has emerged as the world's most valuable company, with a market value of $570B. Also not on the DJIA list is online advertising-and-search behemoth Google (GOOG). Both represent major shifts in the global business landscape in ways that current Dow components such as Hewlett-Packard (HPQ), Bank of America (BAC) and Alcoa (AA) do not. Yet admitting Apple or Google -- or any other high-priced stock -- would be difficult, given the way the index is calculated based on the absolute price of their shares. With a price of around $605, Apple's shares would overwhelm the index with a 26% weighting. That is double the influence of current Dow component International Business Machines (IBM), whose $207 stock price gives it a 12% weight in the index. Given its big daily swings, Apple alone could move the Dow regularly by 100 points or more. As for Google, it is planning a stock split that would cut its share price in half, to about $300. But even at that level, it would have a hefty 15% weighting in the average. One solution would be to adjust the way the Dow is calculated. Other potential index additions include Berkshire Hathaway (BRKA) and Wells Fargo (WFC), which pose no problem under the current calculation system. Reference Link
News For A From The Last 14 Days
Check below for free stories on A the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 14, 2014
16:09 EDTAAgilent sees FY14 EPS $3.04-$3.08, consensus $3.07
Sees FY14 revenue $6.99B-$7.03B, consensus $6.99B
16:08 EDTAAgilent sees Q4 EPS 87c-91c, consensus 94c
Subscribe for More Information
16:06 EDTAAgilent reports Q3 EPS 78c, consensus 74c
Subscribe for More Information
15:03 EDTANotable companies reporting after market close
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use