These Dow Components are Tanking the Index 1%
The Dow Jones Industrial Average (NYSE:DIA) is down today 0.94% and stands at 11,801. The stocks below are among the lagging and declining performers today.
3M (NYSE:MMM): 3M is facing a guidance cut today as a consequence of increased pension liabilities. The stock is down 5.51%.
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Alcoa (NYSE:AA): Alcoa has been accused of overcharging a Bahraini company hundreds of millions of dollars in exchange for bribing company officials. Two men have been arrested in the case. The stock is down 2.17%.
Pfizer (NYSE:PFE): China’s largest dairy company may buy Pfizer’s (NYSE:PFE) infant-nutrition business for about $10 billion. This deal hinges on whether the Chinese dairy company is big enough to pull it off. Pfizer (NYSE:PFE) is down 2.09%.
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