Core Google EPS seen rising, freed of $8 bil in investment losses

By | August 12, 2015

Scalper1 News

There may be 8 billion reasons why Wall Street analysts are cheering Google’s (GOOGL) restructuring and new-found “transparency.” That’s one view of Morgan Stanley’s upgrade of Google stock to overweight. Google stock Tuesday and Wednesday, despite the China-related market sell-off, after the company disclosed plans late Monday to reorganize into a holding company called Alphabet. Under the new operating structure, Google will separate profitable Scalper1 News

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