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Google, Apple to enter Dow Jones index?

Google, Cisco to Dow Index

Google and Cisco are among the top companies being considered to be entered into the Dow Jones industrial average index, bumping GM and Citigroup, whose shares have recently dipped below $2 and threatened their status as blue chip stocks, or sure things in the investment world, says a Monday report. They are not alone, however, as Apple, US Steel, Goldman Sachs, Visa, Aflac and Northern Trust are other candidates, as chosen by Reuters. Likewise, analysts believe Citigroup and GM are just the most likely companies to be replaced from the Dow index. Four other stocks listed on the Dow have fallen to below $10.

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Panasonic rumored to buy majority Sanyo stake

Panasonic to buy Sanyo?

A weekend report reveals a Japanese newspaper and news agency are reporting electronics maker Panasonic may buy majority stake in Sanyo Electric before 2009. While the news is unofficial, Sanyo has made a statement saying it is considering options of selling its preferred stock shares but is yet to make a decision. Panasonic's press release, meanwhile, simply reads the company has not made such an announcement, but nothing was yet decided in regards to the rumored purchase, confirming the two companies are in talks.

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