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All Posts Tagged Tag: ‘Financial’

Google Reportedly Facing $1.3 Billion Tax Bill In France

In addition to publisher-related issues Google is facing in France, it is also having some tax related issues. Tax related issues that could amount to about $1.3 billion. Direction générale des finances (essentially the French IRS) may order Google France to pay as much related to “noncompliance” last year. TechCrunch reports: The French weekly Le Canard enchaîné (which has an …

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Apple Stock Is A Lot Lower Than It Was Last Month [AAPL]

It wasn’t all that long ago that we were reporting that Apple stock had hit an all-time high. When the company launched the iPhone 5, shares skyrocketed, sending them over $700. Now, shares are a bit closer to Earth at $591.42 (-12.58‎, -2.08%‎) as of the time of this writing. Trading was halted temporarily thanks to Hurricane Sandy, but the …

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AAPL Drops After Earnings Release, Ticks Upward In Pre-Market Trading

Apple shares fell a bit after the company released its Q4 earnings and held its conference call. While there were some ups and downs to the report, the biggest concern from investors appears to be disappointing iPad sales, though the company just unveiled two models this week. Apple did sell 14 million iPads during the quarter, which still represents 26% …

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Facebook Stock Dips A Bit After Big Post-Earnings Release Boost

Facebook saw its biggest jump since May (when the company launched its IPO) on Wednesday, following the release of its earnings report, and the company’s comments about monetization on Tuesday. Facebook emphasized how big mobile is, and how it’s likely to grow into significantly more revenue. “We’re just getting started,” said CEO Mark Zuckerberg, with regards to monetization. “As proud …

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Facebook Now Has 1.01 Billion Active Users, Brought In $1.26 Billion In Q3 Revenue

Facebook posted its Q3 earnings on Tuesday, beating analysts’ expectations with $1.26 billion in revenue. CEO Mark Zuckerberg said, “As proud as I am that a billion people use Facebook each month, I’m also really happy that over 600 million people now share and connect on Facebook every month using mobile devices. People who use our mobile products are more …

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Yahoo Earnings Released: Mayer’s First Quarter

Yahoo released its first earnings report under CEO Marissa Mayer today, and the results were better than expected, beating Wall Street predictions. Mayer said this of the report: “Yahoo! had a solid third quarter, and we are encouraged by the stabilization in search and display revenue. We’re taking important steps to position Yahoo! for long-term success, and we’re confident that …

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Ancestry.com Sold To Private Equity Firm For $1.6 Billion

Online genealogy site Ancestry.com has agreed to be purchased by European private equity firm Permira for $1.6 billion ($32.00 per share). Ancestry.com President and CEO Tim Sullivan and CFO and COO Howard Hochhauser will maintain a majority of their equity stakes in the company. Spectrum Equity will also remain an investor. “This is a successful outcome for our public stockholders, …

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Microsoft Earnings Released, Company Posts $16.01 Billion In Revenue

Microsoft managed to release its FY13 Q1 earnings report today without all the craziness that accompanied Google’s. Revenue was $16.01 billion for the quarter. Operating income, net income, and diluted earnings per share for the quarter were $5.31 billion, $4.47 billion, and $0.53 per share. CEO Steve Ballmer said, “The launch of Windows 8 is the beginning of a new …

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Google Earnings Report Accidentally Released, Shares Tumble

Google accidentally leaked its Q3 earnings today, ahead of schedule. The company missed analysts’ estimates, and as a result, shares are tumbling. As of the time of this writing they’re at $687.39 (-68.10‎, -9.01%). The earnings release is currently displayed at SEC.gov. It shows Google with revenues of $14.1 billion for the quarter, an increase of 45% year-over-year. Motorola revenues …

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eBay Reports Q3 Earnings: Revenue Up 15% YoY

eBay reported its Q3 earnings on Wednesday. The financials come a week after the company launched a big redesign to its flagship site. The company posted revenue of $3.4 billion for the quarter, up 15% year-over-year. Net income on a GAAP basis was $597 million, while non-GAAP net income was $718 million. GAAP and non-GAAP net income were up 22% …

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iPhone 5 Initial Sales Will Be Included In Apple’s Q4 Earnings Release

Apple will release its Q4 FY12 earnings release on October 25, when the company will hold a conference call to discuss the financial results of its fourth fiscal quarter. It falls on a Thursday, and the call will take place at 2:00 p.m. PT / 5:00 p.m. ET. The company has updated its Investor Relations page announcing the news. The …

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Google Stock Hits Record High On Monday

Google shares hit an all-time high on Monday, at one point reaching $748.90, according to CNN Money. As of the time of this writing, shares are at: $748.21 (+14.22‎, 1.94%‎). The publication attributes the rise to continued search domination and strides made with Android (a reported 68% share of the global smartphone market during the second quarter). Some are pointing …

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