Gateway Sun

I wonder if Gartner saw this coming.

Standard & Poors Dow Jones Indices is dropping business services firm Dun & Bradstreet from its prestigious S&P 500 Index, and replacing them with Gartner.

That’s a lot of & signs for one sentence.

The S&P 500 is a listing of the largest 500 companies whose shares trade on the New York Stock Exchange or the NASDAQ. It is seen as a general indicator of both the American economy and the stock market itself.

Multiple analysts pointed to Gartner’s acquisition of a company named CEB Inc. as the primary reason for Gartner’s ascension on to the S&P 500.

“Post-merger, Gartner will be more representative of the large-cap market space. Dun & Bradstreet has a market capitalization more representative of the mid-cap market space,” said S&P in a statement.

Gartner is a technology research and analysis firm. They gather information, compile and interpret it, and then make money by packaging it all up and selling it to large companies in a subscription-type model.

They’re also known for making interesting and bold predictions about the future.

The Stamford, CT-based company will join the S&P 500 on the morning of April 5.

Gartner currently has three facilities in Gateway, with a fourth on the way. We’ve also heard they’re contemplating constructing another office building on the airport property.

They trade on the NYSE under the ticker IT.

About Jeff Kuntz

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Editor of the Gateway Sun and owner of restaurant delivery service Florida Food Runner.

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