Thursday, April 1
AT&T and Kodak leave Dow, Verizon and Pfizer added
Dow Jones & Co. is reshuffling its benchmark industrial average for the first time in more than four years, ousting
AT&T Corp., International Paper Co. and Eastman Kodak Co. in favor of financial services company American
International Group Inc., telephone carrier Verizon Communications and drugmaker Pfizer Inc.
The stocks leaving the index fell in afternoon trading on Wall Street. Kodak lost 81 cents to $25.36, AT&T slipped
26 cents to $19.31 and International Paper fell 23 cents to $42.03.
Those slated to join the Dow fared far better. Pfizer was up 48 cents at $35.53, Verizon gained 43 cents to $36.97
and AIG jumped $2.10 to $73.45.