General Electric (GE) is going to be replaced by drugstore chain Walgreens Boots Alliance on the Dow Jones industrial average. The change will happen before the open on June 26.
Tom Barkley is a professor of finance practice and director of the MS in Finance Program at Syracuse University’s Whitman School of Management. Barkley says the move will improve the accuracy of the index.
Barkley says:
“As the last of the original firms that were in the index when it was created in 1896, General Electric has some history behind it. However, the conglomerate has been in decline for the past few years, and replacing it with a firm in the growing healthcare sector (Walgreens Boots Alliance) seems only sensible.
“This will improve the accuracy of the index as a measure of the state of economy seen through the lens of the stock market.”
To request interviews or get more information:
Daryl Lovell
Media Relations Manager
Division of Communications and Marketing
T 315.443.1184 M 315.380.0206
dalovell@syr.edu | @DarylLovell
820 Comstock Avenue, Suite 308, Syracuse, NY 13244
news.syr.edu | syracuse.edu
Syracuse University
The Martin J. Whitman School of Management has again been listed among the best MBA programs for 2023-24 in the U.S. by Bloomberg Businessweek, improving its ranking by seven spots to No. 61 nationally, up from No. 68 last year….
On July 14, University of Nevada Las Vegas (UNLV) Sports Innovation and Syracuse University’s David B. Falk College of Sport and Human Dynamics, in collaboration with the Las Vegas-based guest experience agency Circle, proudly announced the launch of a first-of-it-kind Sports,…
Syracuse University’s College of Professional Studies today announced it will offer Google’s new Cybersecurity Certificate. The Google Career Certificates prepare learners for in-demand fields including cybersecurity, data analytics, IT support, project management and UX design—with no experience required. This offering…
The Martin J. Whitman School of Management announces the creation of the Panasci Local Leadership Initiative, which will support professional connections and career building for students to remain in Central New York beyond graduation. This new initiative is made possible…
Arthur Thomas, Ph.D., executive director for the Office of Professional Acceleration and Microcredentials in the College of Professional Studies, co-authored the textbook “Certified Associate in Project Management (CAPM) Exam Official Cert Guide Premium Edition and Practice Test” with Vijay Kanabar…
If you need help with your subscription, contact sunews@syr.edu.
