Archive for March 5th, 2009

(AFX UK Focus) 2009-03-05 06:37 UPDATE 2-Google letting cash “pile up”-CEO (Interactive Investor)

SANTA BARBARA, Calif., March 4 (Reuters) - Google Inc plans to let its cash "pile up" as it weathers an economic recession but doesn't expect to see a fall in revenue, the Web search leader's Chief Executive Eric Schmidt said on Wednesday. Google will only use its $8.6 billion cash cushion for "very very conservative investments," Schmidt said, and is unlikely to start a dividend in the current ...

Thursday, March 5th, 2009

(AFX UK Focus) 2009-03-05 05:50 BRIEF-Google CEO says company to let “cash pile up” during downturn (Interactive Investor)

March 5 (Reuters) - Google Inc:

Thursday, March 5th, 2009

(AFX UK Focus) 2009-03-05 05:50 BRIEF-Google CEO says company to let “cash pile up” during downturn (Interactive Investor)

March 5 (Reuters) - Google Inc:

Thursday, March 5th, 2009

(AFX UK Focus) 2009-03-05 02:57 UPDATE 1-Google CEO doesn’t foresee decline in revenue (Interactive Investor)

SAN FRANCISCO, March 4 (Reuters) - Google Inc CEO Eric Schmidt said the economic storm will affect all forms of advertising, including the online ads that Google depends on, but said that he doesn't expect Google to experience a decline in revenue. "We don't predict things like that," Schmidt said in a CNBC television interview on Wednesday, when asked if the company's diversity would shield it ...

Thursday, March 5th, 2009

Google letting cash “pile up”: CEO (Reuters)

SANTA BARBARA, California (Reuters) - Google Inc plans to let its cash "pile up" as it weathers an economic recession but doesn't expect to see a fall in revenue, the Web search leader's Chief Executive Eric Schmidt said on Wednesday.

Thursday, March 5th, 2009