CORRECTED-BUZZ-U.S. STOCKS ON THE MOVE-Google, Ooma, Honeywell, Solera, Best Buy
(Corrects Google item to say stock surge added "nearly $60 billion" to market value, not "about $50 billion") The Nasdaq composite index opened at a record high on Friday on strong results from Google, while Boeing kept a check on the Dow.
The Dow Jones industrial average was down 0.33 percent at 18,059.86, the S&P 500 was down 0.07 percent at 2,122.85 and the Nasdaq Composite was up 0.60 percent at 5,194.376.
** GOOGLE INC, $694.4, +15.39 pct
** GOOGLE INC, $660.9, +13.98 pct
Its shares surged as much as 14.5 percent, adding nearly $60 billion to its market value, a day after the Web search leader's profit beat forecasts for the first time in six quarters, boosted by strong ad revenue and its new CFO said spending would be disciplined.
BREAKINGVIEWS-Google's new CFO recalibrates investment algorithm
** GENERAL ELECTRIC CO, $27.13, +0.33 pct
The U.S. conglomerate's quarterly industrial profit rose 5 percent, as stronger performance in its power division offset weak oil segment results, and the company raised its 2015 outlook for its industrial manufacturing businesses. Continued...