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Goldman Sees Strong Quarter For Google, Yahoo
Published by: wktd 2008-11-20

Ads Drive Sharp Surge in Earnings at Google - New York Times::
Google said net income for the quarter nearly tripled to $1.03 billion, or $3.29 Google Abandons Deal With Yahoo. Shazam! A Projector Is Shrunk
http://www.nytimes.com/2007/02/01/technology/01google.html?ex=132rtner=rssuserland&emc=rss
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There are a few days left in the quarter still, but Goldman Sachs is already saying it expects strong numbers from Yahoo and Google when they report quarterly results in a few weeks.

Goldman analyst Anthony Noto upped his estimates on Yahoo and maintained his bullish forecast on Google. His estimates for both companies are now above the Wall Street consensus.

Noto expects Yahoo to reports first-quarter earnings of 13 cents a share on revenues of $805 million, compared to Wall Street estimates of 11 cents and $795.5 million. For Google, he expects earnings of 98 cents a share on revenues of $776 million, compared to the consensus estimate of 91 cents and $728.5 million.

"Our higher estimates are based on numerous channel checks with advertisers and media buyers that indicate stronger than expected trends in branded and continued strong trends in paid search," he wrote.

Google posts strong quarterly earnings as it widens gap with rivals ::
This week, Googles rival Yahoo said its revenues had grown just 12 percent. Microsoft sees more threats even as it reports improved computer security
http://www.iht.com/articles/2007/10/19/technology/19google.php?page=1
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Yahoo reports its first-quarter results on April 19, and Google follows two days later.

Yahoo Announces Non-Exclusive Search Agreement With Google::
as amended, and the Quarterly Report on Form 10-Q for the quarter ended March being a staunch Yahoo user, it would be a nightmare to see all those wonderful
http://www.techcrunch.com/2008/06/12/yahoo-announces-non-exclusivrch-agreement-with-google
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Earnings Preview: IBM - Boston.com::
ANALYST TAKE: Conigliaro of Goldman Sachs sees IBM at least meeting Wall analyst A.M. Sacconaghi Jr. also expects strong earnings for the quarter,
http://www.boston.com/business/articles/2007/01/16/earnings_preview_ibm?mode=PF
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Stocks started out strong and faded once again on Monday, but managed to finish the day with small gains, as investors remained nervous about inflation ahead of Friday's monthly jobs report.

The Nasdaq added 1 to 1992, the S&P 500 rose 2 to 1174, and the Dow gained 42 to 10,485. Volume declined to 1.71 billion shares on the NYSE, and 1.54 billion on the Nasdaq. Decliners led 18-14 on the NYSE, and 16-14 on the Nasdaq. Downside volume was 56% on the NYSE, and 46% on the Nasdaq. New highs-new lows were 36-72 on the NYSE, and 54-86 on the Nasdaq.

Sungard surged 9% on a buyout offer.

MCI slipped on reports that the board is meeting to consider buyout offers from Qwest and Verizon. Qwest said it wants a decision by April 5.

Lexar fell 17% on a patent damage award that was less than expected.

Digital Impact soared 50% on news that the company will be acquired by Acxiom.

Netflix jumped 8% on strong subscriber growth.

Extended Systems climbed 13% on a deal with Qualcomm.

Solectron lost 13% on a warning, and All-American Semi plunged 22% on its results.




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