By the way, with regard to Google’s numbers submitted early by mistake… that was their printer, R.R. Donnelley who messed up.
It was clearly a draft that was filed because it had a notation on it to verify something or other before finalizing. Hard to miss. An insider told us that yesterday so we could gloat because…
Donnelley bought the financial printing company my spouse worked for— for 20 years— and laid off nearly all the original staff of Bowne & Co. and kept their own.
Google will no doubt fire RRD. Donnelley’s ethics were dodgy and business practices antiquated. Their own shares closed at $10.76, down 10 cents.
AND, Google is currently under investigation for unlawful data mining practices in the U.S. and Europe. There’s a whole lotta karma goin’ on.
NEW YORK (CNNMoney) — A slew of weak earnings reports sent investors reeling Friday and pushed all three indexes down nearly 2%, marking the worst day on Wall Street since June.