Thursday, October 18, 2012

Google earnings: surprise!

An inauspicious start to earnings season for the technology sector. 

A profit decline vs. last year's 3rd quarter for Intel (INTC) was followed today by a surprise (prematurely leaked) report from Google (GOOG). The early, and disappointing, 3Q report sent GOOG into a midday plunge, down 9% before trading in the stock was halted.

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