Google earnings expectations create overnight confusion
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Whether GoogleÂ exceeded or missed earnings expectations for its third quarter remained unclear until mid-morning Friday.
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U.S. stocks were little changed on  Wednesday, despite strong earnings from companies including Web  search leader Google Inc. GOOG.O, but investors were cautious  ahead of remarks from the Federal Reserve that would signal the  pace of future interest rate hikes.
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SAN JOSE, California - On the cusp of its voyage into public trading, Google's initial stock price was set at $85 and its market value calculated at $23 billion - less than originally expected, but still impressive for a 6-year-old dot-com dreamed up in a garage.    The final initial public offering price, set through an unorthodox auction that alienated many on Wall Street, means the stock will likely debut Thursday under the symbol "GOOG" on the Nasdaq Stock Market...
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Google&#39;s eleventh hour price adjustment might have saved it some red-faces when it finally floated last week, but it&#39;s back to earth with a bump this week.
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Google Inc. provided stock market analysts with a rare peek at its mind-set Wednesday but steadfastly refused to forecast its financial future as the online search leader navigated through another rite of passage in its short life as a publicly held company.
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After rocky road to public offering, search engine proceeds--but what will it do with its windfall?
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(InfoWorld) - Google beat Wall Street's expectations for its fourth quarter, ended Dec. 31, 2006, as the company continues on a tear, selling search engine advertising much faster than its biggest rivals and than the industry average. Google generated revenue of $3.21 billion, an increase of 67 percent compared to the fourth quarter of 2005. Subtracting the commissions it pays to its advertising partners, revenue came in at $2.23 billion, topping the consensus expectation of $2.195 billion from analysts polled by Thomson Financial. Net income was $1.03 billion, or $3.29 per share, compared with $372.2 million, or $1.22 per share, in 2005's fourth quarter. On a pro forma basis, which excludes certain items, net income was $997 million, or $3.18 per share, topping analysts' expectation of $2.92 per share.
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Google investors may find out this week whether there really can be too much of a good thing.
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NEW YORK -- Google Inc. faces serious headwinds as it prepares to launch its long-anticipated initial public offering despite a lacklustre equity market and questions about the company&#39;s business plan.
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Shares of Google Inc. will make their  Nasdaq stock market debut on Thursday, with some market  participants expecting a steady start or slight rise after the  company's initial public offering priced far below original  estimates.
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When Google (GOOG:Nasdaq - news - research) went public, its leaders announced that the company was happy to pursue major projects with an uncertain financial payoff.
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Google&#8217;s 2006 Q4 earnings beat Wall Street expectations when they announed today that revenues were up 67% over Q4 2005 and 16% more than last quarter. From the Google Earnings Press Release: Q4 Financial Summary  Google reported revenues of $3.21 billion for the quarter ended December 31, 2006, an increase of 67% compared to the fourth quarter [...]
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Internet search engine giant Google Inc. trumped analysts&#39; revenue forecasts in its first quarter as a public company, but still fell far short of the mark on earnings.
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LONDON (CBS.MW) -- Credit Suisse First Boston analysts overnight set a 12-month, $145 per share price target for Google (GOOG) , telling clients it expects the Internet search engine to grow revenue by around 50 percent a year over the next five years.
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For investors in Google Inc., it's the roaring '90s redux. Shares of the Web search giant leapt 15.43 percent yesterday, on the heels of a 6.33 percent spurt the previous day, even as the broader financial markets continued to retreat. By the time they closed at $172.43 yesterday, Google shares had more than doubled in value since the company went ...
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U.S. stocks to watch: GOOGLE INC.  GOOG.O Google shares jumped 18 percent in their long-awaited  stock market debut on Thursday after a scaled-down $1.67  billion IPO marked by missteps and lackluster market  conditions. The stock closed at $100.34.
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Google surprised Wall Street Thursday, reporting higher than expected revenue and profits due to increased market share and cost-cutting measures.