Thursday, December 01, 2005

The 'Big T' Returns to the Dow Jones

Paul Shread writes on internetnews.com:

What's the point of buying one of the biggest brand names in U.S. business history if you're not going to use it?

That seems to be the thinking of the former SBC Communications, which adopted the AT&T name after the companies' merger closed two weeks ago. The company completed the name transition Thursday when it dropped the ticker symbol "SBC" for "T," the symbol AT&T had traded under since 1930. The move also marks the return of Big T to the Dow Jones Industrial Average, where it resided for 74 years until Ma Bell was dropped from the index in April 2004.

0 Comments:

Post a Comment

<< Home