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
03/27/201507:41:39Market Is Not Out Of The Woods Yet - Cramer's Mad Money (3/26/15)
03/27/201502:36:06New Google CFO lands mega pay package
03/26/201520:29:50Google Details Pay for Incoming Financial Chief -- Update
03/26/201519:59:25Google Details Pay for Incoming Financial Chief -- Update
03/26/201518:59:08Zuckerberg downplays Facebook/Google rivalry
03/26/201509:46:11Google Inc. Glass Is Here to Stay, But Why?
03/26/201509:24:41Apple Should Buy Vessel
03/25/201519:07:02Microsoft vs Google: Did Samsung Just Tip The Tablet Battle?
03/25/201519:00:02Facebook Wants to Become the Source for News
03/25/201518:00:02Google Inc. Glass Is Here to Stay, But Why?
03/25/201514:38:02Should The FTC Hit Google Inc. With New Antitrust Charges?
03/25/201513:25:02Forget Hollywood: How to Invest in the Box Office Itself
03/25/201507:58:39Travelzoo: A Dog Worth Betting On?
03/25/201507:41:293 Companies Fighting Conventional Wisdom - Cramer's Mad Money...
03/24/201520:52:30Sex-Bias Trial Takes Big Toll on Kleiner Perkins
03/24/201520:00:12State Department Lacked Top Watchdog During Hillary Clinton Tenure
03/24/201519:11:29Smart Cars Accelerating Slowly
03/24/201519:10:14Morgan Stanley Turns to Adviser to CEOs as New Finance Chief
03/24/201517:20:023 Reasons Sony Corp.'s PlayStation Vue Streaming TV Service Will...
03/24/201517:12:45Court Hears Challenge to Safe Harbor Data Deal

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