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
09/03/201514:00:00Judge Approves Final Settlement in Silicon Valley Wage Case
09/03/201512:57:00Judge Approves Final Settlement in Silicon Valley Wage Case
09/02/201513:20:00Huawei Rings in Changes to Challenge Samsung
09/02/201513:00:00Huawei Enters High-End Smartphone Market
09/02/201505:59:00U.S. Tech Firms Boost Lobbying Presence in Brussels
09/01/201520:02:00Digits
08/31/201519:40:00India's Google Investigation Moves Forward
08/31/201514:30:00Russia Puts Off Data Showdown With Technology Firms
08/31/201514:23:00Russia Puts Off Data Showdown With Technology Firms
08/31/201511:20:00Google, Sanofi Team Up on Diabetes Research
08/31/201509:29:00Google, Sanofi Join Forces on Diabetes Monitoring, Treatment
08/30/201520:50:00Apple Escalates Ad-Blockers Fight
08/30/201520:50:00Facebook Adds Tool to Detect Unauthorized Posts of Video
08/30/201518:55:00Facebook Moves to Help Sift Out Unauthorized Video
08/27/201520:27:00Google Rebuffs European Union on Antitrust Charges --2nd Update
08/27/201514:34:00Google Rebuffs European Union on Antitrust Charges --Update
08/27/201512:50:00Google Rebuffs European Union on Antitrust Charges
08/27/201512:29:00Google Responds to European Union Antitrust Charges
08/26/201521:10:00Amazon Curtails Development of Consumer Devices
08/25/201519:31:00Cell Carriers Battle for Wi-Fi Airwaves

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