Holding company with that name, alphabe in an effort to shake up the way the firm is organized. And the new Holding Company will include the business that google is best known for. Search. The news which came after the close of trading sent shares higher initially in the afterhours session, as you see there. John ford is here with what this move means for the company and for shareholders who either own the stock directly or through etfs and funds. Was this reorganization in any way rumored and what does it do . Not rumored at all. Had to do a doubletake to make sure this was real. This company,indeed, called alphabet, within it will it exist google inc. And that company has a new ceo. Larry page, the former ceo of google is going to be the ceo of alphabet. The ceo of google is going to be a guy named Sundar Pichai, served as googles chief operating officer up to this point. As of q4 he will be the ceo, including under his watch will be, yes, search and pretty much all of the revenue pr
Holding company with that name, alphabe in an effort to shake up the way the firm is organized. And the new Holding Company will include the business that google is best known for. Search. The news which came after the close of trading sent shares higher initially in the afterhours session, as you see there. John ford is here with what this move means for the company and for shareholders who either own the stock directly or through etfs and funds. Was this reorganization in any way rumored and what does i do . Not rumored at all. Had to do a doubletake to make sure this was real. This company,indeed, called alphabet, within ital will it exist google inc. And that company has a new ceo. Larry page, the former ceo of google is going to be the ceo of alphabet. The ceo of google is going to be a guy named Sundar Pichai, served as googles chief operating officer up to this point. As of q4 he will be the ceo, including under his watch will be, yes, search and pretty much all of the revenue p
Holding company with that name, alphabe in an effort to shake up the way the firm is organized. And the new Holding Company will include the business that google is best known for. Search. The news which came after the close of trading sent shares higher initially in the afterhours session, as you see there. John ford is here with what this move means for the company and for shareholders who either own the stock directly or through etfs and funds. Was this reorganization in any way rumored and what does it do . Not rumored at all. Had to do a doubletake to make sure this was real. This company,indeed, called alphabet, within it will it exist google inc. And that company has a new ceo. Larry page, the former ceo of google is going to be the ceo of alphabet. The ceo of google is going to be a guy named Sundar Pichai, served as googles chief operating officer up to this point. As of q4 he will be the ceo, including under his watch will be, yes, search and pretty much all of the revenue pr
But the Hurricane Force winds have been battering the eastern seaboard for hours. Those winds extend out 175 miles from the center of the storm. Those winds are pushing the Atlantic Ocean up and over many coastlines. From rhode island, south to the jersey shore. Coastal flooding is a significant risk thanks to the storm surge, potentially reaching 11 feet in new york harbor. Battery park on the tip of manhattan is under a mandatory evacuation, as waves already have topped the sea wall. Low lying areas are at substantial risk of flood waters, including the wall street area, especially if the worst of the surge hits during high tide tonight, at 9pm eastern time. That threat of flooding was one reason u. S. Stock markets were closed today, the first un scheduled shutdown since the september 11 attacks 11 years ago. And there will be no stock trading tomorrow either. Susie gharib has more on the historic market closure from new york. Susie it was supposed to be a busy monday on wall street
To come ashore in southern new jersey. But the Hurricane Force winds have been battering the eastern seaboard for hours. Those winds extend out 175 miles from the center of the storm. Those winds are pushing the Atlantic Ocean up and over many coastlines. From rhode island, south to the jersey shore. Coastal flooding is a significant risk thanks to the storm surge, potentially reaching 11 feet in new york harbor. Battery park on the tip of manhattan is under a mandatory evacuation, as waves already have topped the sea wall. Low lying areas are at substantial risk of flood waters, including the wall street area, especially if the worst of the surge hits during high tide tonight, at 9pm eastern time. That threat of flooding was one reason u. S. Stock markets were closed today, the first un scheduled shutdown since the september 11 attacks 11 years ago. And there will be no stock trading tomorrow either. Susie gharib has more on the historic market closure from new york. Susie it was supp