Results 1-10 of about 1.29 billion: Strangely, I don’t blog about investing, however, this is the second post in a row regarding plunging shareholder value: Via CNN – “Google earnings miss targets; stock clobbered“.
Moments after the earnings were released, the Wall Street Journal Online story had the headline: “Google Profit Soars 82%” and the article’s “lede” was: “Google’s profit climbed 82% and sales surged in the fourth quarter as the Internet search giant continued to benefit from advertisers shifting their spending online from traditional media.” (Here’s a screen grab of the headline from my newsreader.)
Clicking onto the same link (sorry, subscription required), the headline is, “Google Shares Plunge On Disappointing Results,” and the lede is: “Google Inc.’s profit and sales surged in the fourth quarter, but the results disappointed investors, who were expecting another blockbuster quarter from the Web search giant. Shares plunged 19% in volatile after-hours trading.”
Missing completely from the re-written version of the story:
“the Internet search giant continued to benefit from advertisers shifting their spending online from traditional media.”
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