Good news for GM, and a sign of its having cast off the reins of government ownership: the General is rejoining the S&P 500 (the 500 leading companies in the U.S.) The Detroit
automaker will replace H. J. Heinz Co in the S&P 100 and 500 indices. GM was booted from the S&P 500 when it filed for bankruptcy in June 2009. Last month, GM CEO Dan Akerson predicted the
firm’s return to the S&P in a speech at Notre Dame to graduates.
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