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Tuesday, January 31, 2006

Google Earnings Disappoint; Shares Plunge - Yahoo! News:
"SAN FRANCISCO - Google Inc.'s rapid financial growth decelerated in the fourth quarter as the online search engine leader's profit fell below analyst expectations for the first time since its August 2004 initial public offering.
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Tuesday's disappointing financial report rattled previously bullish investors, causing Google's stock
...

Google released its results after the stock market closed Tuesday. Company shares plummeted $53.65 — 12.4 percent — in after-hours trading after gaining $5.84 to close at $432.66 Tuesday on the Nasdaq Stock Market. The shares had fallen by as much as 19 percent earlier..."

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