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Google's Alphabet Ties Everyone To A 'More Singular Cause'
Wednesday, August 12, 2015 - 1:53pm | 576Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is shaking things up by forming a holding company (officially known as Alphabet) that will contain all of the firm's divisions. Google CEO Larry Page referred to it as a collection of companies. That collection could prove to be the most effective...
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Facebook Beat Earnings Estimates, So Why Aren't Investors Impressed?
Wednesday, July 29, 2015 - 5:42pm | 638Facebook Inc (NASDAQ: FB) reported a second quarter EPS of $0.50 (vs. the Street estimate of $0.47) and sales of $4.04 billion (vs. $3.98 billion). MAUs rose to 1.49 billion, but investors were unimpressed. The stock initially fell more than 7 percent in after hours trading. As of 5:24 p.m. ET, the...