Google profit rise fails to impress
Google profit rise fails to impress SAN FRANCISCO - Google Inc posted a 23 percent jump in quarterly revenue on a rebound in Web advertising, but its stock fell 5 percent as the company disappointed some investors accustomed to...
Google Inc., owner of the world's most popular search engine, reported profit that missed analysts' estimates as the company ramped up spending to take on social-networking sites such as Facebook Inc. Excluding some items, profit was $6.45 a share in the second quarter, the company said today on in a statement.