Wall Street Weighs in on Google (GOOG) Earnings Debacle; a Few Bulls Run Away, Others Dig In
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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
Investors and Analysts React to Google's (GOOG) Premature Release
October 18, 2012 3:15 PM EDTThe market lit up this afternoon after Google (Nasdaq: GOOG) prematurely released its third quarter earnings report. The misfire is being tied to a mistake at Google's filing company, RR Donnelley. Google stock is currently halted and was down 9 percent before the halt. Looking past the obvious shock value, analysts and investors are reacting to the numbers.... 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
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
