The closely watched Dow Jones industrial average reshuffled the deck on Monday, removing both General Motors Corp (GM) and Citigroup Inc (C) in a widely anticipated move.
Technology bellwether Cisco Systems Inc (CSCO) will replace GM, which filed for bankruptcy on Monday morning. Travelers Co (TRV), a large home, auto and commercial insurer, will take the place of Citigroup, which has taken billions of dollars from the U.S. government to stay afloat.
Dow Jones & Co said the changes will be effective as of the opening of trading on June 8.
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These are companies that are has beens.
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