Minnetonka, Minn.-based health insurer UnitedHealth Group will join the Dow Jones Industrial Average at the opening of trading Sept. 24, according to a Star Tribune report.
The Dow Jones follows 30 of the biggest companies in the United States and their trends within the stock market. It is also considered to be a major reflection of the U.S. economy.
UnitedHealth will take the place of Kraft Foods. In fiscal year 2011, UnitedHealth posted total revenue of $101.9 billion and total profit of $5.14 billion.
The Dow Jones follows 30 of the biggest companies in the United States and their trends within the stock market. It is also considered to be a major reflection of the U.S. economy.
UnitedHealth will take the place of Kraft Foods. In fiscal year 2011, UnitedHealth posted total revenue of $101.9 billion and total profit of $5.14 billion.
More Articles on UnitedHealth Group:
5 Largest Commercial Payors Post $3.17B Profit in 2Q
UnitedHealth 2Q Profits Surge 5.5% to $1.3B
UnitedHealthcare Will Follow PPACA Provisions Regardless of Supreme Court Decision