S&P Snubs Google

"But for once, Google fans were wrong. The stock gave back much of its Friday gains in after-hours trading as S&P tapped homebuilder Lennar (LEN:NYSE - commentary - research - Cramer's Take) and oil titan Chevron (CVX:NYSE - commentary - research - Cramer's Take) to fill the shoes of departing S&P 500 component Gillette. Investors knew a change was coming with Procter & Gamble's (PG:NYSE - commentary - research - Cramer's Take) $57 billion buy of Gillette due to close Saturday. "

[The Street]