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Laclede Gas Company was one of the original 12 industrial companies that made up the Dow Jones Industrial Average but was removed in 1899. [5] On December 7, 2009, executives from The Laclede Group visited the New York Stock Exchange (NYSE) to ring the closing bell and commemorate the company’s 120th anniversary of trading on the exchange.
Laclede Gas Light Co was chartered in Missouri on March 2, 1857, named for Pierre Laclède, the founder of the city of St. Louis. [1] In 1905, North American Company , a public utilities conglomerate, acquired St. Louis United Railways, the consolidated streetcar company in St. Louis, which operated as St. Louis Transit Company.
Margins matter. The more Laclede Group (NYS: LG) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
The 10-second takeawayFor the quarter ended Dec. 31 (Q1), Laclede Group missed on revenues and met expectations on earnings per share. Compared to the Charting Laclede Group's Latest Earnings Release
The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 59 times since its inception, on May 26, 1896. [1] As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation's own usage.
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A corporation can adjust its stock price by a stock split, substituting a quantity of shares at one price for a different number of shares at an adjusted price where the value of shares x price remains equivalent. (For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range.