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Thursday, 14 April 2011 - Google first-quarter report to kick off era under new CEO |
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    Edition: U.S. Article Comments (0) Slideshow Follow Reuters Facebook Twitter RSS YouTube Read UPDATE 1-Geithner says Congress will pass debt limit increase 13 Apr 2011 U.S. plans new push on Arab-Israeli peace: Clinton 12 Apr 2011 Senate panel slams Goldman in scathing crisis report 13 Apr 2011 Senate panel slams Goldman in scathing crisis report 13 Apr 2011 Brain shrinks a decade before Alzheimer's appears 13 Apr 2011 Discussed 156 China tells U.S. to quit as human rights judge 141 Reid says Republicans want shutdown to close clinics 117 Obama, Congress struggle to find budget deal Watched South Korean "super gun" packs hi-tech killing power Mon, Feb 14 2011 Argentine models bare it all Thu, Apr 7 2011 X-47B - the future of autonomous aerial warfare Fri, Feb 11 2011 SMALL BUSINESS Do fries go with that app? Worried about how many calories you are going to consume in a serving of fries? A new iPhone application may help. After taking a picture of the meal with the phone, the app gives a calorie read-out almost instantly  Full Article  Caribbean rum maker looks to tap U.S. market Startup targets online vacation rentals Google first-quarter report to kick off era under new CEO Tweet Share this SAN FRANCISCO (Reuters) - Management changes, spending plans and regulatory risks will be in the spotlight when Google Inc reports its first-quarter financial results after the market closes on Thursday. Larry Page, the 38-year-old co-founder of the... Email Print Related News Internet ad revenue hits high in '10 Wed, Apr 13 2011 JPMorgan making fewer loans but profit still surges Wed, Apr 13 2011 All eyes on new CEO as Google reports first-quarter results Tue, Apr 12 2011 Winklevoss twins must accept Facebook deal - court Mon, Apr 11 2011 Facebook has not signed China deal: source Mon, Apr 11 2011 Analysis & Opinion Scoutmob tries to outdeal Groupon Larry Summers has had enough financial regulation Related Topics Technology » Media » Stocks     1 / 2 Google co-founder Larry Page is seen at the Sun Valley Inn in Sun Valley, Idaho in this July 8, 2010 file photograph. Google Inc Chief Executive Eric Schmidt will hand over the reins to Page, the company said on January 20, 2011. Credit: Reuters/Mario Anzuoni/Files SAN FRANCISCO | Thu Apr 14, 2011 1:41am EDT SAN FRANCISCO (Reuters) - Management changes, spending plans and regulatory risks will be in the spotlight when Google Inc reports its first-quarter financial results after the market closes on Thursday. Larry Page, the 38-year-old co-founder of the world's No. 1 Internet search company became chief executive earlier this month, after a decade in which Eric Schmidt held the job. Page is expected to bolster innovation and cut bureaucracy as Google faces fierce competition from social networking leader Facebook and Apple Inc. But some investors are anxious about how Page will adapt to the day-to-day tasks of managing a company of more than 24,000 employees, as well as whether he will drive up spending. "The bottom line is going to be a little more in focus now, just because people want to see directionally how Larry is thinking," said Sameet Sinha, an analyst with B. Riley & Co. Shares of Google, which has beat Wall Street's profit targets for seven of the past eight consecutive quarters, are down more than 8 percent since the company announced in January that Page would become CEO. Analysts estimate that Google increased net revenue by 25 percent year-over-year to $6.32 billion in the first quarter, with adjusted earnings per share of $8.10, according to Thomson Reuters I/B/E/S. Google is ramping up efforts to supplement its core search advertising business with revenue from display and mobile ads. The company is increasingly focused on social networking and the local ad market, where Facebook and online coupon service Groupon rule the roost. The increasing regulatory scrutiny of Google has also become a greater concern for investors. Google's deal to acquire online travel software company ITA Software for $700 million was approved by U.S. regulators with stiff conditions on Friday, and U.S. regulators are exploring whether to open a formal probe into Google's Internet search ranking practices, a source told Reuters last week. (Reporting by Alexei Oreskovic; Editing by Richard Chang) Technology Media Tweet this Share this Link this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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