The big news overnight was that Google is going to be joining the Standard & Poor’s 500 Index. Google will be listed after trading has closed on March 31st. They will be taking the spot of Burlington Resources Inc., an oil company being acquired by ConocoPhillips. GOOG will be the highest priced stock amongst its other members in the S&P 500. “S&P 500 fund managers will have to buy $11.1 billion of Google’s stock because of its inclusion in the index,” according to the Bloomberg article. John Battelle also has his thoughts here.
Google To Join Standard & Poor’s 500 Index
Want SEW higher in your Google results?Add as a preferred source
More in Industry
View moreGoogle+ vs. Facebook: More Passive Aggression & Creepiness in Tech Soap Opera
Like the spurned soap opera wife, Google’s Bradley Horowitz shot back at Mark Zuckerberg for claiming they are “creating their own little version of Facebook.” Zuckerberg spoke out again against every company but his for violating user privacy.
Microsoft CEO: We’ve Got Siri Beat, Bing vs Google = Draw
How do you really feel, Steve? Microsoft CEO Steve Ballmer was as candid as ever at the Web 2.0 Summit as he spoke out on Google Search vs. Bing, where Microsoft excels in the cloud, Apple’s Siri, the failed 2008 Yahoo acquisition, and more.
Will Google run a Super Bowl commercial in the third quarter?
According to a variety of sources, Google plans to run a Super Bowl commercial in the third quarter to today's big game. The buzz started yesterday when John…