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Don't Worry Google Investors, The Company Isn't Going Away
Monday, August 10, 2015 - 5:56pm | 565Don't worry Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) investors, the company isn't going away (as some bloggers warn). The Specifics In a new SEC filing and subsequent blog post, the company said it is creating a new company, Alphabet. Alphabet will oversee Google and a collection of...
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Argus Hikes Google Target To $850
Monday, July 20, 2015 - 4:10pm | 268Google Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) posted strong results for the second quarter of 2015, despite FX headwinds. Argus analyst Joseph Bonner reiterated a Buy rating, while raising his price target from $675.00 to $850.00. According to the note, the firm believes the stock is “...
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BMO Capital Raises Google PT To $770, Says It's 'More Of A Value Stock'
Friday, July 17, 2015 - 2:58pm | 408Daniel Salmon, BMO Capital Markets equity research analyst, was on CNBC Friday to discuss Google Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)'s exceptional performance in the second quarter and where the stock goes from here. Here is what he said. Controlling Costs "Well, I think the story at...
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Goldman Sachs: Google CFO Ruth Porat Didn't Disappoint
Friday, July 17, 2015 - 9:34am | 223In a report published Friday, Goldman Sachs analyst Heather Bellini maintained a Neutral rating on Google Inc (NASDAQ: GOOGL), while raising the price target from $580 to $660. The analyst believes that CFO Ruth Porat did not disappoint on her very first earnings report. "She (Ruth Porat)...
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Google Analyst Roundup: Dawn Of A New Era?
Friday, July 17, 2015 - 9:08am | 613Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) on Thursday reported a better-than-expected second quarter earnings that sent shares surging higher by more than 12 percent. Here is a roundup of what some of Wall Street's top analysts are saying about the print. Deutsche Bank: Entering A Dawn Of...
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First Earnings Call For Google's Ruth Porat Spurs 3 Expectations From The Street
Thursday, July 16, 2015 - 1:07pm | 429Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is scheduled to report its second-quarter numbers after the closing bell on Thursday. Scott Kessler, S&P Capital IQ analyst, was on CNBC to discuss the things to look out for in Google's numbers and the Street's expectations regarding Ruth...
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What The Street Is Expecting From Ruth Porat As Google's New CFO
Tuesday, May 26, 2015 - 3:29pm | 471Ruth Porat would be taking charge as the CFO of Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG) Tuesday and, given her experience in investment banking, the Street is expecting a lot from her. Ivan Feinseth, Tigress Financial Partners, was on CNBC recently to discuss what Porat can do with the cash pile...
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SunTrust's Bob Peck: Investor Concerns Over Google Are 'Valid' But 'Baked In'
Tuesday, April 21, 2015 - 9:13am | 436In a report published Tuesday, SunTrust Robinson Humphrey analyst Bob Peck previewed Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s upcoming earnings report, noting the company is investing "ahead of the curve" in many sectors and shares represent a positive risk to reward profile at...
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Morgan Stanley Says Shares Of Google Are Not As Cheap As They Appear
Tuesday, April 14, 2015 - 9:22am | 319In a report published Tuesday, Morgan Stanley Analyst Benjamin Swinburne dove into Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s business, noting that enthusiasm over its new Chief Financial Officer and sponsored app ads in Google Play are offset by a lower search outlook and increased foreign...
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Porat To Google Just One Of The Week's Top Management Changes; Here Are 7 More
Friday, March 27, 2015 - 3:54pm | 309Among the eight major management changes this week, the most talked about was the departure of Ruth Porat as the Chief Financial Officer at Morgan Stanley (NYSE: MS) to join Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) as CFO. Porat joined Morgan Stanley in 1987 and is scheduled to begin her...
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LinkedIn's Former VP Of Talent: Google's Staff Is Going To Watch Ruth Porat Very Carefully
Wednesday, March 25, 2015 - 1:48pm | 420Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG) announced early Tuesday that it will be hiring Ruth Porat, currently the CFO at Morgan Stanley (NYSE: MS), as the new CFO of the company. Former LinkedIn Corp (NYSE: LNKD) Vice President of Talent Steve Cadigan was on Bloomberg to discuss this move by...
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Bank Of America Says Google's New CFO 'Mixing In Some Wall Street Culture'
Wednesday, March 25, 2015 - 10:12am | 310In a report published Tuesday, Bank of America analyst Justin Post said that Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s new Chief Financial Officer Ruth Porat has significant technology banking and financial management experience and seems well prepared for her new job, although the...
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New Google CFO 'Raises Expectations For Change'
Tuesday, March 24, 2015 - 4:59pm | 210Google Inc (NASDAQ: GOOGL)'s appointment Tuesday of Ruth Porat to the role of chief financial officer is unlikely to change Street estimates for the company, an analyst said. Google closed up more than 2 percent to $577.54. Morgan Stanley's Benjamin Swinburne said he's "positive on the news, but we...
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RBC's Mark Mahaney: Ruth Porat Is A Very Good Appointee For Google
Tuesday, March 24, 2015 - 2:50pm | 375Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG) announced on Tuesday that it is hiring the CFO of Morgan Stanley (NYSE: MS), Ruth Porat, as the company's new CFO. Mark Mahaney from RBC Capital Markets was on CNBC to discuss this. Very Good Appointee "We published a note on this. We...
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Goodbye Wall Street, Hello Silicon Valley: Morgan Stanley CFO Ruth Porat Moving To Google
Tuesday, March 24, 2015 - 10:33am | 305Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) on Tuesday announced that Ruth Porat will join its management team as Chief Financial Officer. Porat serves as Chief Financial Officer at Morgan Stanley and has been with the Wall Street bank since 1987. She assumed various roles at the company including...