Google Confounds European Investors
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Web surfers from Beijing to Berkeley  have made Google their search engine of choice, but some of  Europe's institutional investors have gone sour on the dot-com  on the eve of its initial public offering.
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An independent European Union panel is investigating whether Google Inc.'s Internet search engine abides by European privacy rules, which tend to be stricter than those in the United States.
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Google's spooky valuation could drive investors batty.
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The initial public offering of  Internet search engine Google Inc. GOOG.O was billed as a  bonanza for millions of U.S. investors -- but the little guy,  with check in hand, was left out of the party.
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Google Inc  on Thursday  reported a disappointing quarterly profit and aggressive  spending plans to support a widening range of Web services,  unnerving investors who sent its shares down 8 percent.
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Google is being investigated by the European Union over possible violation of the bloc's privacy rules. At issue is the search engine's practice of retaining user information for up to two years.
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European equity markets made a weak start to the new trading week on Monday amid ongoing concerns about the impact of a weaker dollar on companies which generate a high proportion of their earnings in the US.
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Google attacked European parliamentarians and privacy advocates on Monday for trying to have competition authorities consider the handling of personal information in its $3.1 billion takeover of rival DoubleClick.
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European equities retreated on Thursday, with technology stocks under pressure after disappointing news from Applied Materials, while the euro&#39;s rise to new record highs against the dollar also weighed.
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SAN JOSE, California - Initial shares of Google Inc. were priced late last night at $85 US each -- the low end of estimates that the company had revised downward hours earlier.
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European equity markets were sharply lower on Wednesday, with technology and growth stocks leading the slump on fears a four-year bull market was coming to an end.
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Google Inc.'s  strong revenue growth prompted analysts to raise targets for the share on Thursday, but a drop in the stock showed that some investors question its potential for further rises in the near term.
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Europe's main stock markets fell Thursday as investors fretted over the economic outlook amid 100-dollar oil and after heavy losses for equity prices in Asia and on Wall Street overnight.
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A surprise jump in hiring and  operating expenses shook investor confidence in Google Inc.   for the second time in its three years as a public  company, sending its shares down 6 percent on Friday.
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European equities were a little lower on Friday as the global interest rate backdrop caused concerns.
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Time is running out for prospective investors to submit their offers to buy shares of Google Inc. (GOOG.O), the Web's No. 1 search company.
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Time is running out for prospective investors to submit their offers to buy shares of Google Inc, the Web&#39;s No. 1 search company.