Google reports profit that misses analysts' estimates
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.
Lazard, the largest independent merger-advisory firm, reported first-quarter profit that missed analysts' estimates as revenue declined.