Investors and Analysts React to Google's (GOOG) Premature Release
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Wall Street Weighs in on Google (GOOG) Earnings Debacle; a Few Bulls Run Away, Others Dig In
October 19, 2012 11:22 AM EDTGoogle (NASDAQ: GOOG) created outrage on Wall Street Thursday after its filing firm accidental released third quarter results early and the numbers were anything put strong. The company missed analysts views on the top and bottom-line and shares sold off 8 percent. Now that analysts have had time to digest the numbers and hear from a raspy-voiced Larry Page, they have weighed in. Overall, the stock lost a few bulls, bears took a victory lap, and the remaining bulls said the weakness creates a great opportunity to load up.
Oppenheimer Jason Helfstein-... More
Oppenheimer Downgrades Google (GOOG) to Perform
October 19, 2012 7:10 AM EDTOppenheimer downgraded Google (NASDAQ: GOOG) from Outperform to Perform and cut its price target from $800 to $765.
"We are downgrading GOOG shares to Perform from Outperform following weaker than expected 3Q earnings, reflecting higher spending on Nexus tablet subsidies and the drag of the... More
BofA/Merrill Lynch Downgrades Google (GOOG) to Neutral
October 19, 2012 6:46 AM EDTBofA/Merrill Lynch downgraded Google (NASDAQ: GOOG) from Buy to Neutral.
For an analyst ratings summary and ratings history on Google click here. For more ratings news on Google click here.
Shares of Google closed at $695.00 yesterday, with a 52 week range of $556.52-$774.38.... More
Larry Page Quote Added to Google's (GOOG) Official Q3 Release
October 18, 2012 3:08 PM EDTIn Google's (NASDAQ: GOOG) official earnings release the following quote was added:
"We had a strong quarter. Revenue was up 45 percent year-on-year, and, at just fourteen years old, we cleared our first $14 billion revenue quarter," said Larry Page, CEO of... More
Google, Inc. (GOOG) to resume trading at 3:20PM ET
October 18, 2012 3:04 PM EDTGoogle, Inc. (NASDAQ: GOOG) to resume trading at 3:20PM ET... More
Google, Inc. (GOOG) officially releases results
October 18, 2012 2:59 PM EDTGoogle, Inc. (NASDAQ: GOOG) officially releases results... More
Stocks Crossing 50-Day SMA 10/18: (JNPR) (LUV) (STLD) Above; (HBAN) (GOOG) (FIO) Below
October 18, 2012 2:37 PM EDTCrossing and above:Juniper Networks, Inc. (Nasdaq: JNPR) - up 3.9 percent. Up on speculative chatter, though the company said it hasn't hired a banker or received inquiries.
Southwest Airlines Co. (NYSE:... More
UPDATE: Google, Inc. (GOOG) says R.R. Donnelley (RRD) filed 8-K without authorization
October 18, 2012 1:18 PM EDT(Updated - October 18, 2012 1:22 PM EDT)
Google, Inc. (NASDAQ: GOOG) says R.R. Donnelley (NYSE: RRD) filed 8-K without authorization.
From Google:
Earlier this morning RR Donnelley, the financial printer, informed us that they... More
Google (GOOG) Issues Early, Nasty and Ugly Q3 Report; Shares Crash
October 18, 2012 1:01 PM EDTExpected to report third quarter results after the market close tonight, Google (NASDAQ: GOOG) let results slip out early Thursday and investors got a nasty surprise.
Google posted Q3 EPS of $9.03, which was well below the analyst estimate of $10.65. Non-GAAP operating income... More
Google, Inc. (GOOG) trading halted with news pending
October 18, 2012 12:51 PM EDTGoogle, Inc. (NASDAQ: GOOG) trading halted with news pending.... More
Facebook (FB), Yahoo! (YHOO) Others on Watch; Google (GOOG) Says CPC Down 15% in Q3
October 18, 2012 12:40 PM EDTFacebook (Nasdaq: FB), Yahoo! (Nasdaq: YHOO), AOL (NYSE: AOL), and LinkedIn (NYSE: LNKD) are on watch following Google (Nasdaq: GOOG) results as... More
UPDATE: Google (GOOG) Slumps Following Q3 Miss
October 18, 2012 12:34 PM EDT(Updated - October 18, 2012 12:35 PM EDT)
Google, Inc. (NASDAQ: GOOG) shares are sinking. The company reported Q3 adjusted EPS of $9.03, versus the consensus of $10.65.
Shares are down about 5.6 percent currently.... More
UPDATE: Google, Inc. (GOOG) Misses Q3 EPS Views
October 18, 2012 12:33 PM EDT(Updated - October 18, 2012 12:35 PM EDT)
Google, Inc. (NASDAQ: GOOG) reported Q3 EPS of $9.03, $1.54 worse than the analyst estimate of $10.57. Revenue for the quarter came in at $14.1 billion, which may not compare to the consensus estimate of $11.92 billion. Ex-tac revenues were $11.33 billion.
... More
