General Electric loses place in Dow, expected to be replaced by Walgreens

REUTERS/Jamie Fine GeneralElectric has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index. GE's place will be replaced by drug store chain Walgreens prior to the start of trading on June 26. GE’s stock slipped 1.5% in after-hours trading following the announcement while Walgreens jumped 3%. GeneralElectric has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index, a new blow to a company that once to...