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| 2009 | GENERAL MOTORS : General Motors, Citigroup to be cut from the Dow | RE |
| 2009 | GENERAL MOTORS : General Motors, Citigroup to be removed from Dow | RE |
NEW YORK (Reuters) - General Motors Corp will be replaced by Cisco Systems Inc in the Dow Jones Industrial Average and Citigroup Inc will be replaced by Travelers Companies Inc , Dow Jones Indexes said on Monday.
"The parlous state of GM has left us with no choice but to remove it from The Dow. A bankruptcy filing immediately disqualifies a stock regardless of a company's history or its role as a cultural icon," said Robert Thomson, managing editor of The Wall Street Journal and editor-in-chief for all of Dow Jones in a press release.
(Reporting by Leah Schnurr; Editing by Theodore d'Afflisio)
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| 38,745 PTS | -0.01% | -0.09% | - | ||
| 48.76 USD | +1.15% | +7.06% | 54.98B | ||
GENERAL MOTORS 
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