Co-founders of Google Inc (NASDAQ:GOOG) Larry Page and Sergey Brin are slated for questioning by United States antitrust controllers and appointed a best Washington law company to assist them consider their interviews, according to two persons familiar with the issue.
The people, who refused to be identified as they were not authorized to speak publicly regarding the issue, stated that the Google executives kept Williams & Connolly LLP, the Washington law company that has represented President Bill Clinton, former Federal Reserve Chairman Alan Greenspan and the late Senator Edward Kennedy.
Plans for the depositions come as the Federal Trade Commission accelerates its antitrust query of operator of the worldwide most admired Internet search engine.
The agency chairman Jon Leibowitz reported on Thursday that he anticipates completing the inquiry by the end of the year.
Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) increased +2.80% to settle at $122.46, Microsoft Corporation (NASDAQ:MSFT) moved down -0.41% to end at $29.23 while AOL, Inc (NYSE:AOL) surged +0.26% to finish on Thursday at $27.47.
Google Inc (NASDAQ:GOOG) last session volume of 1.75 million shares was surprisingly lower than its average volume of 2.55 million shares. The stock after opening at $587.60 hit high price of $587.89 and then closed at $578.23 by scoring -0.40%.
GOOG generated revenue of 39.98 billion in the following twelve months and earned $10.83 billion. The Company showed a positive +27.09% in the net profit margin and as well as in its operating margin which remained +32.11%. Company’s annual sales growth for the past five years was +29.01%.
The GOOG past twelve months price to sales ratio was 4.72 and price to cash ratio remained 3.82. As far as the returns are concern, the GOOG return on equity was recorded as 19.59% and dropped 18.35% return on investment while its return on asset stayed at +15.80%.
The stock showed weekly downbeat performance of -0.45% which was maintained for the month at -5.64%. Likewise the negative performance for the quarter was recorded as -4.76% and for the year was +11.38% while the YTD performance remained at -10.48%.
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