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Saturday, October 20, 2012
Google drops purse-Mobile Phones
Google accidentally Google announced its financial results for the trading hours yesterday, plunging stock price. After 2h30 suspension, firm fuck closed in 8%.
Google's financial results have been sent by mistake last full trading day, and they are usually distributed outside the sessions transactions. These data revealed quarterly profit down 20% to $ 2.176 billion. Adjusted earnings per share is therefore $ 9.03, a dollar lower than market expectations, which was $ 10.65. Turnover was again up 45% to $ 14.1 billion, which is higher than the expected $ 11.86 billion from the market.
These figures reflect the impact of the acquisition of Motorola Mobiilty whose charges contribute to the increase in turnover, but also stopping its profit margin because it has generated a loss of $ 527 million. The result of this inadvertent disclosure is a loss in market capitalization of more than $ 20 billion and the stock price decline of 9.1% in less than an hour. After 02:30 suspension of trading, Google finally close to 8%. This sudden announcement would be a mistake of the printer from Google, RR Donnelly, which is transferred to the paper is too early U.S. stock gendarme (SEC). List as RR Donnelly fell 0.8% to $ 10.76.