Google (GOOG) Includes Warning Feature of “State-Sponsored Attacks”

  on Jun 06,2012 Posted in Business News ,Finance
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US search giant, Google Inc. (NASDAQ:GOOG) reported on Wednesday that it has included a feature to caution clients whose accounts it thinks are targets of “state-sponsored attacks,” but the search engine giant did not mentioned an exact government.

Though, Google Inc. ended its service in China in 2010 following statement that it no longer needed to work together with Beijing’s Internet censorship after hacking attacks were tracked back to China.

A message containing such lines; “Warning: We believe state-sponsored attackers may be trying to compromise your account or computer” would arise in front of those people who are targeted, Eric Grosse, a vice president for security engineering, commented on a Firm blog.

Its competitors include AOL, Inc. (NYSE:AOL) that moved up 1.58% to $27.62 with the total traded volume of 292,148.00 shares and Yahoo! Inc. (NASDAQ:YHOO) that surged 1.82% to $15.37 with the total traded volume of 25.50 million shares.

Other technology stocks with bullish trend include EMC Corporation (NYSE:EMC) up 3.35% to $24.16, Cisco Systems, Inc. (NASDAQ:CSCO) up 2.67% to $16.55 and Groupon Inc (NASDAQ:GRPN) up 7.31% to $10.50, whereas with bearish trend include Jive Software Inc (NASDAQ:JIVE) down -0.93% to $15.97, Elephant Talk Communications, Inc. (NYSEAMEX:ETAK) down -1.47% to $2.01 and NTT Docomo Inc (ADR) (NYSE:DCM) down -1.00% to $15.87.

Google Inc. (NASDAQ:GOOG) stock in current session held volume of 846,264.00 shares as compare to its average volume of 2.55 million shares. The stock after opening at $576.48 hit high price of $581.52 and then trading at $580.54 by scoring +1.78% at 11:28AM EDT.

As the revenue measures GOOG generated revenue of 39.98 billion in the following twelve months income of $10.83 billion. The Company showed a positive 27.09% in the net profit margin and in addition to in its operating margin which remained 32.11%. Company’s annual sales growth for the past five year was 29.01%.

The stock showed weekly downbeat performance of -4.03% which was maintained for the month at -4.45%. Likewise the negative performance for the quarter was recorded as -5.71% and for the year was 9.47% while the YTD performance remained at -11.69%.

The GOOG past twelve months price to sales ratio was 4.65 and price to cash ratio remained 3.77. As far as the returns are concern, the GOOG return on equity was recorded as 19.59% and increased 18.35% return on investment while its return on asset stayed at 15.80%.




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