Dow, Shmow! Kraft Foods To Enter S&P 500

Who needs the Dow Jones Industrial Average anyways? Shortly after parent company Kraft Foods (KFT) got the boot from the DJIA, it was announced that post spinoff, the Kraft Foods Group (the North American Grocery spinoff) will become a member of the S&P 500. Kraft will replace coal producer Alpha Natural Resource (ANR) which just happens to be one of the worst… Read More »