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Walgreens Replaces General Electric On The Dow

Walgreens Boots Alliance will supplant General Electric Co. in the Dow Jones Industrial Average, per the S&P Dow Jones Indices. The change is effective June 26 prior to market open. The move marks another blow for troubled GE, which once had the highest market value of any U.S. corporation. Its shares have fallen more than 50% in the last year. While GE has struggled, Walgreens has expanded.

Read the whole story at Chicago Business Journal »

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