captioning sponsored by wpbt tom: good evening and thanks for joining us. almost $7 billion in sales equals another blockbuster quarter for google, a blowout beginning to earnings for technology companies. susie, internet search and search advertising continue driving the big profits at the web giant. susie: tom, google s earnings surged almost 40% and google stock soared as well, up over $60 or 12% after the closing bell. google earned $8.74 a share in the second quarter, about $1 more than analyst estimates. google continued its hiring blitz, adding 2,400 employees during the quarter. paid clicks, or the number of times internet users clicked on the company s ads, rose 18%, in line with estimates. tom: morningstar s rick summer thinks google should be a core holding for investors and he s looking for $720 per share. they re still hitting the cover off the ball with their existing business. generating so much free cash flow that they could easily invest hundreds of m
captioning sponsored by wpbt tom: good evening and thanks for joining us. almost $7 billion in sales equals another blockbuster quarter for google, a blowout beginning to earnings for technology companies. susie, internet search and search advertising continue driving the big profits at the web giant. susie: tom, google s earnings surged almost 40% and google stock soared as well, up over $60 or 12% after the closing bell. google earned $8.74 a share in the second quarter, about $1 more than analyst estimates. google continued its hiring blitz, adding 2,400 employees during the quarter. paid clicks, or the number of times internet users clicked on the company s ads, rose 18%, in line with estimates. tom: morningstar s rick summer thinks google should be a core holding for investors and he s looking for $720 per share. they re still hitting the cover off the ball with their existing business. generating so much free cash flow that they could easily invest hundreds of m
captioning sponsored by wpbt tom: good evening and thanks for joining us. almost $7 billion in sales equals another blockbuster quarter for google, a blowout beginning to earnings for technology companies. susie, internet search and search advertising continue driving the big profits at the web giant. susie: tom, google s earnings surged almost 40% and google stock soared as well, up over $60 or 12% after the closing bell. google earned $8.74 a share in the second quarter, about $1 more than analyst estimates. google continued its hiring blitz, adding 2,400 employees during the quarter. paid clicks, or the number of times internet users clicked on the company s ads, rose 18%, in line with estimates. tom: morningstar s rick summer thinks google should be a core holding for investors and he s looking for $720 per share. they re still hitting the cover off the ball with their existing business. generating so much free cash flow that they could easily invest hundreds of m
nightly business report is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. a big setback today for president obama s landmark health care overhaul. a federal judge in virginia ruled that a key part of the program is unconstitutional. and tom, this could be the beginning of a long legal battle. tom: susie, it was the individual mandate part of the law that was declared unconstitutional. that s the requirement that citizens buy health insurance beginning in 2014, or pay a penalty. virginia s attorney general challenged that part of the law and today u.s. district judge henry hudson became the first judge to rule against the law. but he refused to put the entire law on hold while it faces legal challenges. susie: meanwhile, thehite house said today, it s confident the health care law is constitutional. it s believed that the u.s. supreme court will ultim
nightly business report is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. a big setback today for president obama s landmark health care overhaul. a federal judge in virginia ruled that a key part of the program is unconstitutional. and tom, this could be the beginning of a long legal battle. tom: susie, it was the individual mandate part of the law that was declared unconstitutional. that s the requirement that citizens buy health insurance beginning in 2014, or pay a penalty. virginia s attorney general challenged that part of the law and today u.s. district judge henry hudson became the first judge to rule against the law. but he refused to put the entire law on hold while it faces legal challenges. susie: meanwhile, thehite house said today, it s confident the health care law is constitutional. it s believed that the u.s. supreme court will ultim