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Google Inc. (GOOG)

  • Feb. 14, 2013, 2:37 PM
    Tiger Global still owned nearly 10% of Groupon (GRPN - previous) at the end of Q4, the money manager discloses in its latest 13F. However, Tiger liquidated its sizable positions in LinkedIn (LNKD - 2M shares), Facebook (FB -11.8M shares), and Google (GOOG - 698K shares). A 1M-share position was established in First Solar (FSLR), a 525K-share position in Workday (WDAY), a 3.8M-share position in YY (YY +4.5% - spiking higher) , and a 1.5M-share position in Motorola Solutions (MSI).
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  • Feb. 13, 2013, 12:29 PM
    ChannelAdvisor's January data could be helping Amazon (AMZN +2.8%) rally: the firm's clients saw a 34.3% Y/Y increase in Amazon same-store sales, up from 29.8% in December. eBay's (EBAY +0.2%) growth came in at 18.8%, down from December's 22.2%. In a positive for Google (GOOG +0.1%), search ad-driven sales grew 1% after falling 18% in December thanks to a migration to Google Shopping. Shopping engine sales (inc. Google Shopping) rose 7.9%, down from December's 15.5%. SA contributor Paulo Santos, a long-time Amazon bear, argues Amazon benefited from favorable comps.
  • Feb. 8, 2013, 5:54 PM
    Ruckus Wireless (RKUS +16.7%) soared over the course of the day after Motorola Mobility (GOOG) disclosed a 4M-share (5.4%) stake in the service provider Wi-Fi hardware maker. Does Google, a major backer of public Wi-Fi networks, have a partnership in mind? (13G) Update: The disclosure is for an investment made by Motorola prior to Ruckus' IPO.
  • Feb. 6, 2013, 5:37 PM
    Yahoo (YHOO) +2.3% AH after announcing a non-exclusive display ad deal with Google (GOOG). Targeted Google AdSense Web ads and AdMob mobile ads will be shown on Yahoo properties; Yahoo (given its size) will presumably get a more favorable revenue cut than most Google partners. The deal is a major feather in Google's cap - its display ad ops have been growing quickly, but face tough competition from Facebook and others - and should strengthen its mobile ad leadership. Yahoo search partner Microsoft (MSFT) can't be pleased.
  • Feb. 6, 2013, 9:23 AM
    Google (GOOG) has acquired Channel Intelligence, a provider of services that enable and track e-commerce activity for online retailers/marketers, from ICG (ICGE) for $125M in cash. Google Shopping services are a big part of CI's offerings. The deal expands Google's arsenal of services for lucrative e-commerce ad buyers, and does so at a time when the company is both trying to navigate a shift in marketing activity from Google Search to Google Shopping, and facing growing competition from Amazon (AMZN). ICGE +6.3%.
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  • Feb. 1, 2013, 1:10 PM
    Ten days after delivering a Q4 EPS beat, Google (GOOG +2.4%) temporarily made a new all-time high of $774.92. That number eclipsed an October peak of $774.38, which came before shares tanked thanks to a memorable Q3 report. Google currently trades at 13.7x 2013E EPS (exc. cash).
  • Jan. 31, 2013, 11:38 AM
    Priceline (PCLN -2.4%) and Expedia (EXPE -1.6%) slide after Morgan Stanley's Scott Devitt downgrades Priceline to Equalweight. Devitt sees Priceline posting a bookings CAGR of 19% over the next 3 years (down from 46% over the last 3) and also expects EBITDA margin to fall by 220 bps over this time. Tougher European competition from Expedia, Google's (GOOG) online travel efforts, rising travel search ad costs (good for Google), and a shift to mobile bookings (Priceline is better at monetizing PC activity) are also concerns.
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  • Jan. 23, 2013, 9:10 AM
    Premarket gainers: MAPP +59%. TELK +23%. CREE +14%. ISRG +9%. RFMD +6%. ACAD +6%. GOOG +5%.
    Losers: COH -17%. MCP -14%. NMRX -14%. STSI -11%. BNNY -8%. GD -5%
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  • Jan. 23, 2013, 7:35 AM
    The sell-side moves into gear following Google's (GOOG) earnings last night. Cantor Fitzgerald ups its PT to $900 from $820 - "Q4 results, while noisy, highlight very healthy performances in both Search and Display." Citigroup hikes its 2013 profit estimate to $45.69/share from $43.76, and raises its PT to $830 from $800. Needham: $850 from $825. Shares +5.1% premarket.
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  • Jan. 22, 2013, 5:41 PM
    After-hours top gainers, as of 5:15 p.m.: CREE +15%. ISRG +9%. GOOG +5%. IBM +4%. SNE +2%.
    After-hours top losers: STRI -21%. BNNY -11%. WCC -4%. SNH -3%. IVR -3%.
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  • Jan. 22, 2013, 4:06 PM
    Google (GOOG): Q4 EPS of $10.65 beats by $0.13. Revenue (exc. traffic acquisition costs) of $11.34B (+39% Y/Y, boosted by Motorola) misses by $1.12B. Shares +3% AH. (PR)
  • Jan. 15, 2013, 1:57 PM
    Yelp (YELP -6.9%) has sold off as Facebook (FB -2%) shows off Graph Search; investors seem to to be fretting Yelp traffic will be hurt as Facebook's tool is used to search for businesses a user's "friends" have visited/liked. However, Graph Search is far from a direct rival. Google (GOOG -0.2%) has slipped a little after Mark Zuckerberg notes Bing (MSFT) will be a fallback option for searches. Zuck: "Graph Search is a really big project that will take years and years to index the whole map and the graph" (live blog)
  • Jan. 10, 2013, 1:35 PM
    It looks as if the EC is taking a tougher stance on Google (GOOG) than the FTC: EU antitrust chief Joaquin Almunia says Google will have to change the presentation of its search results in Europe to eliminate the alleged preferential treatment given to its services, or else face antitrust charges. Last week, the FTC let Google off the hook with regards to this charge, arguing the integration of such content improved the quality of Google Search. Yelp (YELP +4.9%) could be getting a boost from the news.
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  • Dec. 20, 2012, 12:40 AM
    Arris (ARRS) finished AH trading up 16.9%, and Google (GOOG) down 0.4%, following the Motorola Home deal. In a call discussing the deal, Arris claimed Google has agreed to cap Arris' liability in TiVo's patent suit against Motorola to "a very small number." Many think the total liability could be enormous (I, II). Long-term, Arris/Motorola should be a formidable rival to Cisco's (CSCO) Scientific Atlanta, but there's some potential for near-term share loss as integration issues are dealt with and customers try to re-diversify their sources.
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  • Dec. 18, 2012, 1:28 PM
    Even as many fret about mobile monetization, eMarketer is hiking its 2012 U.S. mobile ad sales forecast to $3.84B from a prior $2.61B. Also, its 2013 and 2014 forecasts now stand at $6.97B and $10.94B. That could be lifting Millennial Media (MM +5.7%), whose 2013 and 2014 estimates are now at $138M and $199M, and Pandora (P +4.3%), which is at $347M and $496M. Market leader Google's (GOOG) U.S. sales are now expected to total $2.17B in 2012, $3.98B in 2013, and $6.33B in 2014. For Facebook (FB), the numbers are $339M, $851M, and $1.22B. (previous)
  • Dec. 10, 2012, 11:53 AM
    Priceline (PCLN -4.7%) and Expedia (EXPE -3.5%) are off after Deutsche downgrades Priceline to Hold on a belief a margin-compressing "Cold War" will break out in European online travel. The culprits: Expedia's growing efforts to acquire customers following an improvement in conversion rates; a declining amount of travel-related Google (GOOG) PC ad clicks thanks to the mobile shift; and the possibility Google will make a stronger travel search push once its regulatory issues are handled.
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Company Description
Google Inc is a web search and online advertising company. The Company offers search, online advertising, operating systems and platforms, enterprise and hardware products.