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Alphabet: quarterly profit exceeded all forecasts

Friday, 28 October 2016 13:59
Alphabet: quarterly profit exceeded all forecasts

The profit of a Google holding company Alphabet in recent months rose on 27%. At the moment it is fixed at $5.06 billion. One company's share costs $ 7.25. Three months ago the price per share was $ 5.73. The major of the company's shares belong to the Google corporation. Also Google representative announced that the company intended to buy back own shares worth about $ 7 billion.

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Jonathan French
Jonathan French

Trader, 54 years old. I've been working as a financial analyst for 25 years. I write analytical reviews for financial media and manuals for traders. I make financial forecasts

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