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Google Shares suspended as Profits Sink 
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Ruddy Norah
Only a temporary suspension to stop unfair trading, but still..


Thu Oct 18, 2012 7:35 pm
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Google's net revenue has risen to $11.3bn from $7.5bn, which is also below expectations.

Most companies would be happy for an increase in sales of that percentage. As for the profits being down that is a sign that even the might Google are not immune to a global downturn.

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Thu Oct 18, 2012 8:08 pm
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Amnesia10 wrote:
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Google's net revenue has risen to $11.3bn from $7.5bn, which is also below expectations.

Most companies would be happy for an increase in sales of that percentage.

<Nods>. The great hubris of the stock market is they panic not over what any give company's results are, but over whether those results live up to what the stock market expected them to be before it knew anything about them. By any objective assessment, this is lunacy.


Thu Oct 18, 2012 9:13 pm
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Stock market expectations are ridiculous. Googles profit margins are down but that might be for special reasons. If I were an investor the only thing that really should concern me is whether the dividends were steady and rising.

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Thu Oct 18, 2012 9:52 pm
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I did a double take when I saw that headline............. :shock:

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Fri Oct 19, 2012 7:28 am
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AlunD wrote:
I did a double take when I saw that headline............. :shock:

Yes but suspending shares really should only happen when there are irregularities in share dealings.

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Fri Oct 19, 2012 7:43 am
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Radio 4 and the media have followed up on the problems for Google. It is down to the fact that more of us are operating on mobile services and the ad streams are not as profitable for Google or Facebook.

http://www.wired.com/business/2012/10/google-mobile-woes/

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Fri Oct 19, 2012 2:31 pm
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