Tag Archives: googl

Can New Google CFO Control Costs, Bring Cash Returns?

Google (GOOGL) has made “one of the most capable hires” by choosing Ruth Porat, currently CFO of Morgan Stanley and considered one of the most influential women on Wall Street, to become the search giant’s newest CFO, according to an industry analyst. RBC Capital Markets analyst Mark Mahaney called Google’s selection of Porat “a positive move — both given Porat’s impressive skill set and tech industry background.” In a research report released

BlackBerry Receives Knockout Punch In Analyst Report

On Tuesday, Rosenblatt Securities delivered a scathing report saying that BlackBerry (BBRY) is doomed to fail on its current path. Analyst Brian Blair initiated coverage on BlackBerry with a sell rating. The report said that BlackBerry is torn between trying to recapture the keyboard-based smartphone’s glory days while hoping to challenge the global dominance of Apple (AAPL) iPhones as well as those based on the Google (GOOGL) Android operating

Cloud Computing Price War Eases In Q1

The price war in cloud computing services eased in Q1, which could provide a lift to Amazon Web Services and Rackspace Hosting (RAX), says RBC Capital in a report. AWS, the cloud unit of e-commerce giant Amazon.com (AMZN), is by far the biggest provider of infrastructure-as-a-service (IaaS), in which companies rent computers and data storage via the Internet cloud. Other IaaS providers include Microsoft (MSFT) and Google (GOOGL). “Q1 2015 pricing