Google Inc. (NASDAQ:GOOG) has taken the concept of corporate democracy to a new level this morning by issuing a new class of share that will begin trading on Thursday. The new stock is categorized as a "C" class share and will take over the traditional Google ticker of GOOG which was … [Read more...]
Google distributes huge executive bonuses
Life as a Google Inc. (NASDAQ:GOOG) executive isn't just good; it's great! Recently, Google revealed that it will pay its Finance Chief, Patrick Pichette a $3 million bonus. Additionally, it is paying its Chief Business Officer, Nikesh Arora, a $3.5 million bonus. These are both … [Read more...]
Google refinancing debt with $1B bond sale
Google Inc. (NASDAQ:GOOG) has debt, which will be maturing in about three months, so it decided to have its first debt offering in almost three years. Although Google has about $37 billion in cash, on hand, they wanted to take advantage of the current corporate interest rates before … [Read more...]
Facebook (FB) and Apple (AAPL) Remain Friends, Not Speaking to Google (GOOG)
While Facebook Inc (NASDAQ:FB) and Apple Inc. (NASDAQ:AAPL) remain friends, the social network is no longer on speaking terms with Google Inc (NASDAQ:GOOG). During a conference call that followed his company’s Jan. 30 earnings report, Facebook CEO Mark Zuckerberg explained Facebook … [Read more...]
Google Will Receive $2 Billion and $300 in Stock from Arris Deal
After closing the deal on its buy of Motorola Home just six months ago, Google sold the consumer video division to Arris Group late Wednesday evening in a $2.5 billion cash-and-stock package, making Arris one of the world's largest set-top vendors. Rumors that Google would unload this … [Read more...]
Early Release of Google Earnings Shocks Investors, Sends Shares into Tailspin
Twitter was abuzz with the hash tag #PendingLarry today after Google’s quarterly earnings were released with the Securities and Exchange Commission by mistake. Investors quickly took note and Google’s stock dropped almost 10 percent before trading was halted. … [Read more...]
