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Bank Of America Maintains Buy On Google Inc.
Friday, April 15, 2011 - 7:57amBank of America is maintaining its Buy rating as well as its price target of $750 on Google Inc (NASDAQ: GOOG) based upon 1Q revenues. Says Bank of America, in its report, “We look for a better 2H driven by: 1) better clarity on '11E margins and estimates after the June quarter is reported, 2)...
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Credit Suisse Raises GOOG Target To $750
Friday, January 21, 2011 - 10:06amGoogle Inc. (NASDAQ: GOOG) reported solid 4Q10 results, driven by better-than-expected revenues, in-line margins, and a lower than expected tax rate, Credit Suisse reports. “As a result, non-GAAP EPS of $8.75 vs. $6.79 easily beat our $7.88 estimate,” Credit Suisse writes. “We maintain our...
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UBS Reiterates Google (GOOG) Buy Rating
Tuesday, March 30, 2010 - 9:45am
UBS analysts Brian Pitz, Brian Fitzgerald and Kaizad Gotla reiterated their Buy rating for shares of Google Inc. (Nasdaq: GOOG), with a price target of $700. The UBS analysts ran three DCF scenarios resulting in a $12 to $26 per share range for Google China. Because Google Inc shares have lost $28...
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Google (GOOG) Redirects Traffic Away From China-Based Site
Monday, March 22, 2010 - 4:07pm
Internet search giant Google Inc. (Nasdaq: GOOG) has begun automatically redirecting internet surfers away from China-based google.cn to Hong Kong-based google.com.hk. Google has not provided an explanation or made any announcements regarding the redirect issue but there can be little doubt that it...
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Chinese Minister Warns Google (GOOG)
Friday, March 12, 2010 - 12:45pmChina's minister of Industry and Information Technology, Li Yizhong, warned Google Inc. (Nasdaq: GOOG) that it would be seen as "unfriendly and irresponsible" if the internet search giant didn't obey China's internet search censorship laws. Chinese law dictates that internet search engines like...
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Google (GOOG) Executives Convicted Of Privacy Violations
Wednesday, February 24, 2010 - 8:58amThree executives of search engine giant Google Inc. (Nasdaq: GOOG) were tried and convicted in absentia in an Italian court of privacy violations. Vivi Down, an advocacy group for people with Down Syndrome, sought the charges against Google after a video of an autistic child being beaten by bullies...
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Collins Stewart Reiterates Microsoft (MSFT) $38 Price Target
Tuesday, February 16, 2010 - 10:26amCollins Stewart analysts Sandeep Aggarwal and Stan Velikov reiterated their Buy rating and price target of $38 for shares of Microsoft Corporation (Nasdaq: MSFT) after getting a look at the software giant's new mobile phone operating system. The analysts attended the Mobile World Congress in...
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HTC Unveils Phone Similar To The Google (GOOG) Nexus One
Tuesday, February 16, 2010 - 9:06amHTC unveiled a new Android based mobile phone at the Mobile World Congress in Barcelona that has many of the same features as the Google Inc. (NASDAQ: GOOG) Nexus One but at a lower price. HTC's new phone, named Desire, uses the Qualcomm, Inc. (NASDAQ: QCOM) one gigahertz Snapdragon chip and a...
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Intel (INTC) And Nokia (NOK) Take On Google (GOOG)
Monday, February 15, 2010 - 10:25amIntel Corporation (Nasdaq: INTC) and Nokia Corp. (NYSE: NOK) announced that the two companies would merge their Linux operating systems to create Meebo, a mobile phone platform able to work across a wide range of devices. The pairing of the world's most powerful chip maker and the world's largest...
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Baidu (BIDU) Forecast Exceeds Analysts' Projections
Wednesday, February 10, 2010 - 12:48am
After reporting a 4th quarter earnings increase of 48%, the Chinese Internet company Baidu, Inc. (Nasdaq: BIDU) surprised analysts with its forecast for 1st quarter revenue. Baidu, Inc. said it expects revenue of $176 million to $181 million in the 1st quarter. A poll of analysts by Thomson Reuters...
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