Thursday, January 31, 2008

GOOG down $37

ISRG 254.00 +19.00 +8.09% After Hours: 290.25 +36.25 / +14.27%
GOOG 564.30 +16.03 +2.92% After Hours: 526.37 -37.93 / -6.72%
MA 207.00 +18.00 +9.52% After Hours: 211.00 +4.00 / +1.93%
BIDU 279.95 +20.56 +7.93% After Hours: 268.45 -11.50 / -4.11%
RTP 406.95 +23.06 +6.01%

Google Inc on Thursday reported a disappointing quarterly profit and aggressive spending plans to support a widening range of Web services, unnerving investors who sent its shares down 8 percent.

Revenue rose 51 percent to $4.827 billion. Analysts, on average, had predicted revenue of $4.83 billion, with estimates ranging from $4.67 billion to $5.10 billion.
"There was a slight softness in revenue which perhaps portends softness going forward due to the ... U.S. economy," said Clayton Moran of Stanford Group.

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