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Investors Cheer Facebook's S&P 500 Debut

Shares of Facebook (NASDAQ:FB) climbed more than 3.5% Thursday as investors applauded the company's addition to the S&P 500, a move that underscores its explosive growth this year.The Menlo Park, Calif.-based social network will replace oil and gas transporter The Williams Companies (NYSE:WMB) in the S&P 100 and automotive test equipment provider Teradyne (NYSE:TER) in the S&P 500.The changes will officially take place after the market closes on Dec. 20.Facebook's shares climbed 3.3% to $50.98 in recent trade, putting them within a stone's throw of their all-time high. They have risen 92% so far this year, far outperforming the market.  The addition comes just a week after Facebook was passed over for a spot on the index to replace industrial-product maker Molex (NASDAQ:MOLX).Analysts had suggested that Mark Zuckerberg's company was a front-runner, but General Growth Properties (NYSE:GGP) was chosen instead....

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  1. Teradyne Shares Jump 13% On Results

    SAN FRANCISCO -- Shares of Teradyne Inc. soared more than 13% to $16.55 on Thursday. On Wednesday, the maker of semiconductor-testing gear posted results that exceed...

  2. Teradyne 4Q Profit Triples; 1Q Targets Above Expectations

    Teradyne Inc.'s (TER) fourth-quarter earnings more than tripled to beat expectations. The maker of semiconductor-testing equipment also predicted results for the cur...

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    We break down how to keep the stress out of gift unwrapping.

  1. Facebook to Join S&P 500 Stock Index

    Standard & Poor's on Wednesday said Facebook Inc (NASDAQ:FB) will join its S&P 500 stock index after the close of trading on December 20, cementing the social media ...

  2. Facebook Set To Join S&P 500

    Social-networking firm Facebook will join the S&P 500, replacing Teradyne , S&P Dow Jones Indices said Wednesday. Facebook will join after the close of trading on De...

  3. Goldman Note Lifts Semiconductor ETFs

    Shares of the Market Vectors Semiconductor ETF (NYSE:SMH) are higher by over three percent today on volume that is already close to the daily average after Goldman S...

  4. Teradyne 2Q Earnings Pregame Scorecard

    Teradyne (NYSE:TER) has topped Wall Street expectations for the last five quarters, and it will try to keep that streak alive as it reports the latest earnings on We...

  5. Teradyne First-quarter Profit Rises To $33.6 Mln

    Teradyne Inc. said late Wednesday that its first-quarter profit fell to $33.6 million, or 15 cents a share, from $96.8 million, or 42 cents a share, in the year-ago ...

  6. The TJX Companies, Agilent Technologies Among Stocks Up on High Volume Thursday

    Today, these stocks are up on high volume:The TJX Companies (NYSE:TJX) was up on high volume today, trading with volume of 8.1 million, or 2.2 times its average dail...

  7. Teradyne Fourth-quarter Profit Rises To $125 Mln

    Teradyne Inc. said late Wednesday that its fourth-quarter profit rose to $125 million, or 56 cents a share, from $60.1 million, or 27 cents a share, in the year-ago ...

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