The Mountain View, California-based Google Inc’s (NASDAQ:GOOG) YouTube video-sharing service is obstructing access in Egypt and Libya to a controversial film with the anti-muslim sentiment and viewed as blasphemous by Muslims, that sparked protests and an attack liable for the deaths of 4 U.S. citizens.
Google, world’s biggest search engine, reported in an e-mailed statement that this video, which was widely available on the Web, is clearly within their instructions and so will stay on YouTube.
The search engine giant further stated that though due to very difficult situation in Libya and Egypt, they have provisionally restricted access in both states.
Shifting reader’s focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) fell -2.48% to settle at $107.09, Yandex NV (NASDAQ:YNDX) moved up +4.05% to end at $23.40 while Blucora Inc. (NASDAQ:BCOR) jumped +0.75% to finish at $16.04 on Wednesday.
Google Inc.’s (NASDAQ:GOOG) last session volume of 2.64 million shares was higher than its average volume of 2.11 million shares. The stock after opening at $689.41 hit high price of $694.91 and then closed at $690.88 by scoring -0.19%.
GOOG generated revenue of $43.16 billion in the following twelve months and earned $11.11 billion. The Company showed a positive 25.74% in the net profit margin as well as in its operating margin which remained at 30.48%. Company’s annual sales growth for the past five year was 29.01%.
The GOOG’s past twelve months price to sales ratio was 5.23 and price to cash ratio remained 5.24. As far as the returns are concerned, the GOOG return on equity was recorded as 19.04% and return on investment increased 17.21% while its return on asset stayed at 14.72%.
The stock showed weekly upbeat performance of +1.49% which was maintained for the month at +4.68%. Likewise the positive performance for the quarter was recorded as +23.13% and for the year was +30.47% while the YTD performance remained at +6.96%.
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