Galco Industrial Electronics Inc, was established in 1975 as a distributor of Industrial and Commercial Electrical and Electronic Control, Automation and Motion Products, Repair and Engineering Services.
Bloomberg Commodity Index. The Bloomberg Commodity Index (BCOM) is a broadly diversified commodity price index distributed by Bloomberg Indexes. The index was originally launched in 1998 as the Dow Jones-AIG Commodity Index (DJ-AIGCI) and renamed to Dow Jones-UBS Commodity Index (DJ-UBSCI) in 2009, when UBS acquired the index from AIG.
The Bloomberg Commodity index, which tracks the prices of 22 different commodity prices such as gold, natural gas and oil, fell 0.3pc to 99.84 in early trading, the lowest point since August 2002. The recent bout of weakness in commodity prices came as the US Federal Reserve issued an upbeat view on the state of US economy.