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Dow Jones Indexes Component Change Will Be Made to Dow Jones Utility Average.


Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 29, 2001

Dow Jones Indexes today announced that FirstEnergy Corp. (Akron, Ohio) will replace Enron Corp. (Houston, Texas) in the Dow Jones Utility Average The Dow Jones Utility Average (also known as the "Dow Jones Utilities") is a stock index that keeps track of the performance of 15 prominent utility companies. Components , effective with the beginning of trading on Monday, December 3, 2001.

FirstEnergy Corp., headquartered in Akron Ohio, is a utility holding company. Its various subsidiaries have annual revenues of more than $12 billion, and electric sales of approximately 124 billion kilowatt-hours. Its seven electric utility operating companies are Ohio Edison, The Illuminating Company, Toledo Edison, Metropolitan Edison, Pennsylvania Electric, Pennsylvania Power and Jersey Central Power & Light. FirstEnergy Corp. serves 4.3 million customers in a 36,100-square-mile service area from the Ohio-Indiana border to the New Jersey shore.

Further information as well as the complete component list of the Dow Jones Utility Average can be found on the Dow Jones Indexes' web site http://www.djindexes.com.

The Dow Jones Utility Average represents the leading utility companies in the U.S. whose business focuses on gas, electricity, and pipelines. It was introduced in 1929 and has 15 component stocks. The Dow Jones Utility Average is part of the Dow Jones Averages family, which also includes the Dow Jones Industrial Average Dow Jones Industrial Average

The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange.
 and the Dow Jones Transportation Average The Dow Jones Transportation Average (also called the "Dow Jones Transports;" DJTA) is the oldest U.S. stock market index. Components
Today, the index consists of the following 20 companies (weighted to adjust for stock splits and other factors):
.

Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages, the Dow Jones Global Titans The Dow Jones Global Titans 50 Index was created to reflect the globalization of international blue chip securities in the wake of mergers and the creation of mega-corporations.  50, the Pan-European Dow Jones STOXX Indexes, the Dow Jones Asian Titans 50, the Dow Jones Sector Titans 30, the Dow Jones Global Indexes The Dow Jones Global Indexes (DJGI) are a family of real time international equity indexes, including world, region, and country indexes and economic sector, market sector, industry-group, and subgroup indexes. , the Dow Jones U.K. Titans 50, the Dow Jones Canada Titans 40, the Dow Jones Japan Titans 100, the Dow Jones Style Indexes, the Dow Jones Total Market Index Series, the Dow Jones REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
 Indexes, the Dow Jones-AIG Commodity Index The Dow Jones-AIG Commodity Index [DJ-AIGCI] is a broadly diversified index that allows investors to track commodity futures through a single, simple measure.

The DJ-AIGCI is composed of futures contracts on physical commodities.
, the Dow Jones Islamic Market Indexes, the Dow Jones Internet Indexes and the Dow Jones Sustainability Indexes. Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information.

In addition to Dow Jones Indexes, Dow Jones & Company (NYSE NYSE

See: New York Stock Exchange
:DJ; dj.com) publishes The Wall Street Journal and its international and online editions, Barron's and SmartMoney magazines and other periodicals, Dow Jones Newswires, Dow Jones Indexes, and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group PLC of Factiva and with NBC of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 29, 2001
Words:412
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