Dow Industrials: New Kids on the Stock

NEW YORK |  By The Corner Team |  Alcoa, Hewlett-Packard and Bank of America have been shown the door from Dow Industrials. Goldman Sachs, Nike and Visa are replacing them. It’s the first “three-for-three” change to the blue-chip index in almost a decade.



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Bye Goldman, bye Lehman!

NEW YORK | A double reminder of the American financial system burst was news today. On one hand, Warren Buffett earned a few hundred million dollars swapping his Goldman Sachs warrants for stocks of the company, maybe the single most lucrative bailout for a single investor. In a separate move, Lehman announced it is paying back more than $14 billion to its creditors