ADVFN - Advanced Financial Network.
HOME» NASDAQ » G » GOOG Stock Price » GOOG Stock News

Google Inc. Share News

 Google Inc. (mm) Stock Price
GOOG Stock Price
 Google Inc. (mm) Stock Chart
GOOG Stock Chart
 Google Inc. (mm) Stock News
GOOG Stock News
 Google Inc. (mm) Company Information
GOOG Company Information
 Google Inc. (mm) Stock Trades
GOOG Stock Trades

Motorola Mobility 1Q Loss Widens On Merger-Related Costs, Revenue Up

DOW JONES NEWSWIRES Motorola Mobility Holdings Inc.'s (MMI) first-quarter loss widened as merger-related costs weighed on bottom-line results, though revenue improved. Last year, predecessor Motorola Inc. split its smartphone and set-top box businesses from its mobile and networks operations. Tech heavyweight Google Inc. (GOOG) is now in the midst of buying the smartphone maker and its extensive patent portfolio for roughly $12.5 billion. Last month, China's antitrust agency extended its scrutiny of Google's deal, which has already been cleared by the U.S. Justice Department and European Union. The deal is expected to close during the first half of the year. Motorola Mobility's portfolio has helped the company win two favorable preliminary decisions in recent months from the U.S. International Trade Commission, which ruled against separate patent challenges from Apple Inc. (APPL) and Microsoft Corp. (MSFT) over some of its smartphone features. In February, Immersion Corp. (IMMR) filed complaints with the ITC alleging that some of Motorola Mobility's Android-based smartphones infringe patents related to its touch-screen technology. Motorola Mobility reported a loss of $86 million, or 28 cents a share, compared with a year-earlier loss of $81 million, or 27 cents a share. Excluding merger-related costs, amortization and stock-based compensation, the loss narrowed to 3 cents a share from a year-earlier loss of 8 cents a share. Revenue rose 1.5% to $3.08 billion. Analysts polled by Thomson Reuters expected a per-share profit of a penny and revenue of $2.96 billion. Gross margin eased to 24.5% from 24.9%. Revenue increased 3.1% in Motorola's mobile-devices business, though the segment's operating loss widened. The smaller home segment reported sales fell 2.2%, though its profit jumped 28%. Shares closed at $38.76 Tuesday and were unchanged after hours. The stock is up 49% over the past 12 months. -By Nathalie Tadena, Dow Jones Newswires; 212-416-3287; nathalie.tadena@dowjones.com

Stock News for Google Inc. (GOOG)
DateTimeHeadline
11/21/201419:55:47European Critics Envision Google's 'Unbundling'
11/21/201416:27:09Jasper Technologies Working on IPO
11/20/201412:50:45TECH STOCKS: Apple Gains Help Tech Sector Rise
11/20/201412:33:16Startups Mine Market-Moving Data From Fields, Parking Lots--Even...
11/19/201421:27:34Billboard 200 Chart to Include On-Demand Streaming in Rankings...
11/19/201419:44:08Billboard 200 Chart to Include On-Demand Streaming in Rankings
11/19/201413:32:13Yandex CFO: Losing a Lot of Search Queries From Eastern Ukraine
11/19/201411:57:11Google Defends Right to Be Forgotten Response
11/19/201407:50:03China's Xiaomi to Invest in Baidu Online-Video
11/19/201407:33:59China's Xiaomi to Invest in Baidu Online-Video Business -- Update
11/18/201417:51:08Azoff Tells YouTube to Remove Songs by Lennon, Eagles -- 2nd...
11/18/201417:23:25Azoff Tells YouTube to Remove Songs by Lennon, Eagles -- Update
11/18/201417:10:22Manager Irving Azoff Tells YouTube to Remove Songs by Lennon...
11/18/201411:57:58TECH STOCKS: GoPro Gains Stand Out In Tech's Advance
11/18/201406:20:04Nokia Returns to Consumer Market With Android Tablet
11/17/201411:38:30Vevo Chief Executive to Leave to Pursue Other Opportunities
11/17/201408:39:19Google to Spend $250 Million to Boost Ad Compliance Plan
11/16/201416:02:20The Web Is Dying; Apps Are Killing It
11/13/201420:49:40Google, Partners Target Illegal Fishing With New Technology
11/13/201412:24:28BrightSource Energy Puts Off Repaying Creditors

Google Inc. and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad