Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Google's stock price breaks $800 for 1st time

The first time on Tuesday, Google's shares to a record $800 of the company's ability to obtain the dominant position of Internet search in the mobile equipment market increasingly important and prominent steadily higher profit in confidence.
A landmark five years, Google shares by initial $700. Not long after, in October 2007 to break the barriers, economic collapse to the most serious since world war ii recession, Google's share price fell long-term is weak, eventually led to the change of leadership.
In addition to the rich Google employees and other shareholders, the company's rapid rise and the stock is an implicit co-founder Larry Page (Larry Page) recognition. He replaced his coaching tutor Eric schmidt, in April 2011 as a CEO. Google's share price has risen about 35% since the first take over. In contrast, reference standard &poor's 500 index has risen 15% in the same period. Google's most of the benefits are happened in the past seven months.
In the morning trading, Google shares at $801.99, up 1.2%, or $9.10.
Over $800 to the threshold of the house, in the very great degree is symbolic significance. If Google way, stock price even close to the level. The company is headquartered in mountain view, California, in the hope that it will be at least temporarily reduce the half of the market price by outstanding capital stock total doubled in the past year, the stock split. But it's stock split on the shelf, until Google solved the shareholder litigation, accusing the stock split unfair ceding too much power pages and compatriots co-founder sergei Boolean (Sergey Brin). Since its inception, page and brin is always the company's largest shareholder. The test is scheduled to start on June 17, in Delaware court proceedings.
Assume that more investors will not buy it divided, and may not change the company's market value of about $265 million from the current stock.
Analysts believe that Google seems to be ready for many years, the prosperity of almost no dispute between. Investigate its reason: its Internet search engine is still the largest Web marketing network hub, its YouTube video of the site has established itself as a more attractive advertising vehicles; And its free Andr oid software running more than 6 million smartphone and tablet computer to create more more opportunities to sell advertising.
Price lower mobile advertising has put forward the Wall Street running Google search results next to the advertising for the average interest rates fall frequent attention. , however, the company is trying to reverse this trend, the upcoming changes, the advertising system, the product to buy mobile advertising marketing personnel, suitable for desktop and laptop computers, they are creating activities.
About Google's opinion is not optimistic, a few years ago. Although Google had depression than most of the company, its operating income growth, the price of the stock crash, until the end of 2008, the low of $247.30 to nearby.
Things look so pale in 2009, Google uncommonly repricing stock options have been released staff, let them have the opportunity to earn more money, buoyance. This program allows Google staff exchange their old stock options, exercise price for the new 308.
Even in the end of 2009 recession economy into a panic buying, Google's share price began to lag behind the rest of the market share. Investors began to doubt, if the company is losing its competitive era, because it has evolved to hard charging start large organization and thousands of employees work in dozens of scattered around the world office.
Meanwhile, Facebook is emerging Internet the fastest growing companies in transported. Social networking company has some people believe that it will eventually become a more important than Google advertising carrier of search engine.
View has changed, because the pecs to become a CEO. In under the leadership of the page, Google has simplified its decision and operation, and at the same time closed dozens of service. In a social network set up their own foothold, introduced in 2011 and the Google plus.
Meanwhile, Facebook company has lost much of its luster, make its initial public offering of stock in the history of the United States the largest one. And dollars have gone on the market, Facebook's share price has sunk by 25%.
In contrast, Google's share price has never below August 2004 IPO price for 85 dollars.
 



Other News:
Google's stock price breaks $800 for 1st time
Russia asks: How do you stop space objects hitting Earth?
US ready to strike back against China cyberattacks
BBC journalists go on strike over job cuts
German investor optimism up, easing recession fear
Japan PM to nominate BOJ chief soon, Muto seen lead candidate
Egypt in political clinch as economic cliff looms
Clinton is one of the richest alive President of US. Obama is only 1/8 of his as