Google Shares Slammed by Weak Results: Third-Quarter Profit Slid 20%

From WSJ: Google Inc.'s GOOG -8.01% quarterly earnings report hit Wall Street more than three hours early on Thursday due to a glitch. The bigger glitch was what the Internet giant's results actually showed....

The weak results, coupled with their unexpectedly early release from financial printer R.R. Donnelley RRD -0.88% & Sons Co., wiped $22 billion off Google's market capitalization halfway through the day. Google's shares halted trading for a time before resuming....

As of the 4 p.m. market close, the shares had recovered slightly to end at $695, down $60.49, or about 8% for the day……....................................................................................................................................................................................

Read all about it at http://online.wsj.com/article/SB10000872396390443684104578064671358259436.html?mod=WSJ_hpp_LEFTTopStories