Google Hit by Weak Results | Daily News and Trending Topics

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Google Hit by Weak Results | Daily News and Trending Topics
Oct 20th 2012, 01:33

Tweet. NEW YORK (TheStreet) — Stock futures were falling Friday after General Electric (GE) missed top-line estimates and McDonald's (MCD) fell short on bottom-line targets, just a day after Google (GOOG) and Microsoft (MSFT) posted disappointing results.

Still, the stock drop was a reversal for Google, which had experienced a run-up in its shares in recent months. The company's market capitalization had recently pulled even with Microsoft Corp. for the first time, fueled by perceived good news about

Google dropped 8 percent after the earnings report was filed inadvertently during regular trading hours. Technology shares had the biggest decline among 10 groups in the S&P 500. Philip Morris International Inc. (PM) dropped 4.2 percent as earnings

Google (GOOG) introduced on Thursday a cloud computer that weighs 2.5 pounds, hoping to attract buyers by pricing it at just $249. In introducing the 11-inch Samsung Chromebook on Thursday, Google sought to squarely position it as an additional

We indicated yesterday, as GOOG re-opened, that the day's Volume-Weighted-Average-Price (VWAP) would be a critical level in the next day or two. The earnings SNAFU heard around the world and the sheer mania and

Source:

http://www.troth.net/20/google-hit-by-weak-results-4/

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