NOT FEELING LUCKY: Google inadvertently released a disappointing earnings report early, and its stock plunged. Google ended the day down more than $60 per share, or 8 percent. EARNINGS WATCH: BB&T, Philip Morris International and Boston Scientific all fell after reporting disappointing earnings.
Donald Trump, Trump Organization, says he recently bought Facebook shares and also weighs in on Google's stock decline this afternoon.
A sharp drop in Google's stock dragged the Nasdaq composite down 1 percent after a weak earnings report for the company was inadvertently released hours ahead of schedule. The Nasdaq lost 31 points to close at 3,073. An 8 percent drop in Google, the third-largest component in the Nasdaq after Apple and Microsoft, was a big factor.
NEW YORK-- Google plummeted almost $80 per share, more than 10 percent, and trading in the stock was halted two and a half hours Thursday after a disappointing earnings report was published ahead of schedule and surprised investors. Google was trading at $754 per share at 12:30 p.m. EDT, then fell almost $20 in a minute after investors saw the report, a draft.
Google's Q3 2012 earnings conference call, with CEO Larry Page, CFO and Senior Vice President Patrick Pichette, Senior Vice President and Chief Business Officer Nikesh Arora; and Investor Relations director Jane Penner.
Insight on the Google debacle this afternoon as well as Microsoft earnings, with Benjamin Pace, Deutsche Bank Private Wealth Management; David Pearl, Epoch Investment Partners; Gene Munster, Piper Jaffray; and CNBC's Jon Fortt.
Google's core advertising business is hurting, and mobile is to blame, analysts said Thursday.
CNBC's Maria Bartiromo & Bill Griffeth take a look at tweets on the Pending Larry feed.
Despite all the intrigue and uproar over the early earnings release, the big question analysts will be asking is why earnings came in weaker than expected, reports CNBC's Julia Boorstin.
Google may be the most "googled" word on Wall Street today, with Andreas Utermann, Allianz Global Investors; Michael Farr, Farr, Miller & Washington; and CNBC's Bob Pisani.
Google resumed trading moments ago. CNBC's Kayla Tausche reports.
It's a good thing Google CEO Larry Page has gotten his voice back, ‘cuz he’s got some 'splaining to do.
TRENTON, N.J.-- Shares of RR Donnelley fell and then partially recovered Thursday amid news the printer and communications consultant had mistakenly filed a draft version of client Google Inc.' s third-quarter financial results to the Securities and Exchange Commission hours before the final version was to be submitted.
Google’s mobile and search business have so much going for them, even as the company’s stock stalls ahead of earnings, Simon Baker of Baker Avenue Asset Management said Thursday on CNBC.
CNBC's Jon Fortt, Jeff Cox and Zachary Karabell offer insight on the breaking Google story.
Google will resume trading at 3:20 ET, with Gene Peroni, Advisors Asset Management; Dan Greenhaus, BTIG; Gene Munster, Piper Jaffray; and CNBC's Jon Fortt & Kayla Tausche.
Among the earnings stories for Thursday, Oct. 18, from AP Business News:. _ Google Inc.' s stock plunged after a contractor released the search company's third-quarter earnings report early, by mistake.
Jim Cramer says the premature release of Google's earnings is another reason individual investors are losing confidence in the stock market.
Jim Cramer weighs in on Google's earnings miss.
Google plunged 9 percent after it accidentally released a weak earnings report hours ahead of schedule. "This is a market that's waiting for a clear catalyst," said Quincy Krosby, market strategist at Prudential Financial. Google's stock dropped $68.19 to $687.30 before trading was suspended.