Tag Archives: googl

Google Stock Slips As Q3 Earnings Miss; Growth Slows

Google (GOOGL) stock fell Friday after the world’s dominant search engine late Thursday posted Q3 sales and earnings that missed views as costs rose and advertising growth slowed. Google stock was down nearly 2% in afternoon trading in the stock market today, near 530. On Thursday, Google stock touched a five-month low of 524.95 and is down 13% this year. “Google’s Q3 results were a mixed bag,” FBR & Co. analyst William Bird wrote in a research

Google Misses On Q3 Sales, Earnings As Spending Rises

Search giant Google reported weaker-than-expected Q3 earnings and revenue late Thursday as expenses soared and advertising growth slowed amid stiff competition. Google (GOOGL) earned $6.35 a share excluding various items, up 18% vs. a year earlier but 18 cents below what analysts polled by Thomson Reuters had expected. Revenue also missed the mark. While total sales rose 20% to $16.52 billion, analysts had expected $16.58

CBS streaming video shows cable bundles are fraying

Just one day after HBO announced a stand-alone streaming video service, CBS on Thursday entered the over-the-top Internet television fray with its own service. The actions by the two content providers signal a fraying of pay-TV bundles. CBS announced the launch of CBS All Access, a subscription on-demand and live-streaming video service for the CBS Television Network. For $5.99 a month, subscribers can stream thousands of episodes from the current season, previous seasons and classic shows on demand, as well as watch live streams from local CBS TV stations in 14 of the largest U.S. markets. CBS launched the service on Thursday at CBS.com and on mobile devices through the CBS App for Apple (AAPL) iOS and Google (GOOGL) Android. The broadcaster expects to be on all major connected devices in the coming months, according to a press release. ” CBS (CBS) All Access is another key step in the company’s