Monday, October 17, 2011

No Shock At Google Inc. (NASDAQ:GOOG) Buzz Kill

Google Inc. (NASDAQ:GOOG) has decided to finish its Buzz social networking
tool, in favour of its newer Google+ product. No Shock At Google Inc.
(NASDAQ:GOOG) Buzz Kill Google Inc. (NASDAQ:GOOG) announced that it has decided
to end its unpopular social networking tool Buzz as it focuses on its newly
launched fast-growing social network Google+. The company will close the
20-month-old Buzz within weeks. Google Inc. (NASDAQ:GOOG) vice president
Bradley-Horowitz said, "Changing the world takes focus on the future, and
honesty about the past. We learned a lot from products like Buzz, and are
putting that learning to work every day in our vision for products like Google
Plus". Google Inc. (NASDAQ:GOOG) stocks were at 591.68 at the end of the last
days trading. Theres been a -1.0% change in the stock price over the past 3
months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.18 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.26 Zacks
Rank: 10 out of 31 in the industry

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