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Google shares fall after disappointing earnings

June 11, 2018
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Google Inc. shares tumbled more than 8 percent in early trading Friday after the Internet search leader’s second-quarter earnings missed analysts’ expectations. – (Sydney Morning Herald — 19 July, 2008)
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Google shares plunge after the internet search leader’ssecond-quarter earnings missed analysts’ expectations, sparked byeconomic turmoil in North America and parts of Europe. – Brisbane Times (The Brisbane Times — 19 July, 2008)
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Google Inc. shares plunged nearly 10 Friday after the Internet search leader’s second-quarter earnings missed analysts’ expectations. – (Sydney Morning Herald — 19 July, 2008)
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Google Inc. has successfully tackled a lot of complex problems during its first decade in business, but even the Internet search leader may be hard pressed to find a way to sustain its rapid earnings growth amid a sputtering economy in the United States and parts of Europe. – (Sydney Morning Herald — 18 July, 2008)
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Google Inc.’s earnings growth bogged down more than investors anticipated during the second quarter, raising worries that the ailing U.S. economy is starting to sap the Internet search leader. – (Sydney Morning Herald — 18 July, 2008)
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Earnings reported by Google and Microsoft yesterday fell short of Wall Street’s expectations despite increases in profit during the second quarter, suggesting that the economic troubles afflicting the banking and housing industries may be spreading to advertising and consumer spending on the Inte…

(Washington Post — 18 July, 2008)
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Google and Microsoft issued quarterly results on Thursday that disappointed investors. (New York Times — 18 July, 2008)
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Three culprits conspired to hurt Google’s stock: interest income, caution about the economy, and Google’s overshooting the mark on screening out low-quality ads. (CNET News.com — 19 July, 2008)
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Google CEO Eric Schmidt and other executives discuss a quarter that left Wall Street cold. (CNET News.com — 18 July, 2008)
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Google’s net income was short of expectations, and Wall Street punished the search and advertising giant. (CNET News.com — 18 July, 2008)
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Shares of IBM Corp. edged higher in early Friday trading, after the technology bellwether’s second-quarter earnings proved to be a bright spot in an otherwise dreary economic landscape. – (Sydney Morning Herald — 19 July, 2008)
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