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Google stock split helps Page, Brin maintain grip
Apr 13th, 2012
SAN FRANCISCO (Reuters) - Google Inc announced a stock split designed to preserve the control of co-founders Larry Page and Sergey Brin over the world's No. 1 Web search engine, asking investors to trust their long-term vision. The surprise decision, which its board unanimously approved, came as the company exceeded Wall Street's profit expectations but revealed a worrying 12 percent drop in search advertising rates - the second consecutive quarterly decline. Shares of Google, which finished Thursday's regular session at $651.01, rose to $653 in after-hours trading. ... (Source: Reuters) -
(Reuters) - Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar with the matter. Waze is seeking more than $1 billion and is fielding expressions of interest from multiple parties, said Bloomberg, citing a source. O... [Full Article]
NEW YORK (AP) - Stocks prices are closing mostly lower on Wall Street, giving the market its first weekly loss in a month. (Source: Associated Press)... [Full Article]
By Michael Holden LONDON (Reuters) - A senior minister said on Sunday he would support an exit from the European Union if there were a vote on the issue, as Prime Minister David Cameron faces a revolt over Europe from MPs in his own party. Up to 100 eurosceptic Conservative members of parliament are expected to back an amendment this week criticisi... [Full Article]
KANDAHAR, Afghanistan (AP) - Sitting on a dirty straw mat on the parched ground of southern Afghanistan, Masooma sank deeper inside a giant black shawl. Hidden from view, her words burst forth as she told her side of what happened to her family sometime before dawn on March 11, 2012. (Source: Associated Press)... [Full Article]
NEW YORK (AP) - This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week. (Source: Associated Press)... [Full Article]
BEIJING (AP) - Chinese authorities have shut down or frozen the microblog accounts of several prominent liberal intellectuals and harassed rights lawyers lobbying against unofficial "black jails," underlining the determination of the country's new leadership to control dissent even as it vows to root out corruption. (Source: Associat... [Full Article]
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