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;

Stock News for Google Inc. (GOOG)
11/29/201507:45:04This Week in Social-Media News
11/28/201517:26:025 Companies Leading the Internet of Things Revolution
11/28/201513:28:03Why Are Comcast's Data Cap Exemptions Evil If T-Mobile's Are...
11/28/201508:48:03Google Can Now Open Apps You Haven't Even Installed
11/27/201517:00:03Alphabet Inc's New Shopping Tool Is a Possible Game-Changer
11/27/201516:58:03The iPad's Market Share Continues to Collapse
11/27/201513:20:02Look Out Alphabet Inc, Here Come Microsoft Corporation's Driverless...
11/27/201511:00:03Can the New Google+ Compete With Facebook?
11/26/201520:28:02Twitter Inc. Must Spend More for Ad Revenue Growth
11/26/201508:48:03Facebook Inc. Just Helped Google Improve Its Mobile Search Results
11/26/201508:10:02This Popular Streaming Service Is Conspicuously Absent From T-Mobile's...
11/25/201516:11:04Facebook Knows Where You Are and It's Going to Start Telling...
11/25/201514:58:03Apple Music Comes to Alphabet's Android
11/25/201510:00:08After Using Android for 5 Years, I've Finally Switched to iPhone
11/25/201507:28:03Not Many People Downloaded One of Facebook's Latest Apps, but...
11/24/201515:01:02Playing With Alphabet's Numbers
11/24/201512:00:02Will Samsung Pay Become More Popular Than Apple Pay?
11/24/201509:32:02Facebook Inc Dips Its Toe Into Music Streaming
11/23/201520:50:00Google Parent to Ask Subsidiaries to Pay for Corporate Services
11/23/201519:00:03Intel Corporation and Hewlett Packard Enterprise Co. Team Up...

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