History
Detroit Edison was part of a large holding company called North American Edison Company. North American's stock had once been one of the twelve component stocks of the May 1896 original Dow Jones Industrial Average. North American Company was broken up by the Securities and Exchange Commission, following the United States Supreme Court decision of April 1, 1946.
After that Detroit Edison operated independently, and publicly traded on the New York Stock Exchange, under the ticker symbol DTE through the mid 1990s. In early 1996, it became an operating subsidiary of the new holding company, DTE Energy Company, which replaced Detroit Edison Company on the stock exchange, and took over the trading ticker symbol.
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Famous quotes containing the word history:
““And now this is the way in which the history of your former life has reached my ears!” As he said this he held out in his hand the fatal letter.”
—Anthony Trollope (1815–1882)
“I am ashamed to see what a shallow village tale our so-called History is. How many times must we say Rome, and Paris, and Constantinople! What does Rome know of rat and lizard? What are Olympiads and Consulates to these neighboring systems of being? Nay, what food or experience or succor have they for the Esquimaux seal-hunter, or the Kanaka in his canoe, for the fisherman, the stevedore, the porter?”
—Ralph Waldo Emerson (1803–1882)
“You treat world history as a mathematician does mathematics, in which nothing but laws and formulas exist, no reality, no good and evil, no time, no yesterday, no tomorrow, nothing but an eternal, shallow, mathematical present.”
—Hermann Hesse (1877–1962)