Google shares fall as data show drop in 'paid clicks'
Date: Tue, 26 Feb 2008 17:01:04 (GMT)
Google shares fall as data show drop in 'paid clicks'
SAN FRANCISCO
Shares of Google Inc. fell nearly 7% Tuesday, retreating following the
release of data that showed a continued decline in the number of Web
surfers clicking on ads -- how the online search giant generates most of
its revenue base.
Economic Report: U.S. January PPI jumps on energy, food prices
Producer prices soar in January, pushed higher by energy prices and the
biggest increase in food prices in more than three years, government
data show.
Home Depot's quarterly net off 27% with 'challenging' outlook
Home Depot Inc., the largest U.S. home-improvement retailer, reported on
Tuesday that fourth-quarter profit fell a sharper-than-expected 27% as
operating costs rose. In a statement, Frank Blake, chairman and chief
executive, called the 2008 industry outlook "challenging."
Economic Report: Home prices fall 8.9% in 2007, Case-Shiller says
U.S. home values declined in 2007 for the first time in 16 years,
according to two home-price indexes released Tuesday.
Germany's Ifo business sentiment index posts unexpected rise
A closely watched gauge of German business sentiment posts an unexpected
rise in February, driven by an improvement in current conditions but
undercut by less sanguine expectations for the future.
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