Alphabet. The stock which you may own in a fund or retirement account or individually initially fell by more than 3 when the Company Reported profits 28 lower than a year ago. That was largely because the company booked a 2. 7 billion fine from european regulators. Ongoing Regulatory Risk is apparently what spooked investors this afternoon. Overall, the business is clicking right along. Net revenue rose 21 to 26 billion. Clicks on ads jumped 52 compared with a year ago. Cloud revenue up smartly as well. Josh lipton has our report on alphabet, the Worlds Largest advertising company. Reporter 18. 4 billion, that was a big number in alphabets latest earning report, refers to google property revenue, revenue generated from search and youtube. Raymond james says its critical because thats the highest margin businesses for google and the revenue jumped 20 year over year. Kessler notes there could have been some disappointment in the report specifically with traffic acquisition costs, thats w
Public Employees Retirement Association of Colorado lifted its position in Genuine Parts (NYSE:GPC – Free Report) by 2,139.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 105,657 shares of the specialty retailer’s stock after buying an additional 100,938 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Genuine Parts were worth […]
Public Employees Retirement Association of Colorado raised its holdings in Genuine Parts (NYSE:GPC – Free Report) by 2,139.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 105,657 shares of the specialty retailer’s stock after purchasing an additional 100,938 shares during the period. Public […]
Gabelli Funds LLC lessened its holdings in Genuine Parts (NYSE:GPC – Free Report) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 930,500 shares of the specialty retailer’s stock after selling 3,500 shares during the quarter. Genuine Parts […]
Bollard Group LLC lifted its holdings in shares of Genuine Parts (NYSE:GPC – Free Report) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,540 shares of the specialty retailer’s stock after purchasing an additional 172 shares during the […]