Ron Burgundy Posted July 16, 2015 Share Posted July 16, 2015 By Anya George Tharakan and Yasmeen Abutaleb BENGALURU/SAN FRANCISCO (Reuters) - Shares of Google Inc rose nearly 12 percent after the Web search leader's profit beat forecasts for the first time in the last six quarters, boosted by strong advertising revenue and comments by its new chief financial officer on disciplined spending. Google rallied to $673.50 in extended trading after closing at $601.78 on Nasdaq. Google remains the most valuable publicly traded U.S. company after Apple Inc. Google's expenses rose 10 percent to $12.9 billion in the second quarter ended June 30 from the year-ago quarter, and remained at 73 percent of revenue, the company said on Thursday. View the full article Quote Link to comment Share on other sites More sharing options...
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