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Friday, July 15, 2011

Google's Earnings Surge, Putting Firm Back in Favor - WSJ.com

Google's Earnings Surge, Putting Firm Back in Favor - WSJ.com: "Google Inc. posted a 36% jump in quarterly profit, sending its shares surging and wresting back the attention of investors who lately have doted on newer Internet darlings.

The Internet search company, which continued to spend heavily on new projects and staff, logged a 32% jump in revenue for the second quarter. The growth was driven by Google's core search engine advertising."

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