Tag: Share
Google reported second quarter earnings of $925 million, or $2.93 a share, but that wasn’t enough to satisfy Wall Street.
Excluding charges, Google reported earnings Thursday of $1.12 billion, or $3.56 a share. According to Thomson Financial Google was expected to report earnings of $3.59 a share.
On a conference call CEO Eric Schmidt noted that the second quarter is seasonally slow, but the company weathered it well. He also noted that the usual summer slowdown seems less than expected, but traffic is expected to fall in the third...
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It was like a Wall Street version of one of those Keystone Cops comedies of the 1930s, but at least one investor wasn't laughing. According to his stockbroker, he almost had a heart attack as a result of what appeared to be an enormous plunge Thursday in after-hours trading in the price of the high-flying shares of Internet search engine Google.
Here's what happened. On Thursday, trading in Google wrapped up the day at $387.12 a share at the usual closing time of 4 p.m. A minute after the close, Google announced its second-quarter results:...
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World's No. 2 search engine reports results and guidance that disappoint investors; stock tumbles after-hours.
It looks like Yahoo! investors won't have any reason to yodel following the company's slightly disappointing second-quarter results and forecast for the third quarter issued Tuesday.
The company also announced during a conference call with analysts that long-awaited improvements to its search technology, which were expected to be rolled out at the end of the summer, will now be delayed until the fourth quarter. The stock...
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