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Monday, October 19, 2009
Google Rock Solid After Earnings Report net income rose 27 % $5.13 a share
Google CEO Eric Schmidt says the worse of the recession is over
Oct. 16 (Bloomberg) -- Henry Blodget, chief executive officer of The Business Insider, talks with Bloomberg's Betty Liu about Google Inc.'s third-quarter profit reported yesterday. Google said net income rose 27 percent to $1.64 billion, or $5.13 a share, beating analysts' estimates. (Source: Bloomberg)
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Gold at Record Still Below Inflation Adjusted 1980 High Bloomberg
Oct. 19 Golds rally to a record means prices are still 53 percent below the 1980 inflation-adjusted peak according to Bloomberg. Despite the fact that gold rose 19 percent this year to a peak of $1,072 an ounce on Oct. 14, consumer prices almost tripled in the past three decades because of inflation , eroding the metals value. (Source: Bloomberg)
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