Google Inc. (GOOG) is down near 1% and under selling pressure in afternoon trading after a new report by Internet tracking firm comScore showed erosion in Google’s search market share for the second consecutive month, while rivals Microsoft (MSFT) and Yahoo! (YHOO) posted gains. Google opened down .51 at 2.50, made a brief morning run to a session high of 7.72, and then fell back, testing its session low of 1.62 following release of the report. ComScore Inc. said that Google’s market shares for Internet search fell in May to 63.7%. At the same time, Yahoo and Microsoft both gained during that period with a combined 30.4%, the report said. Google shares are down .41, or 0.91%, to 2.40. Microsoft shares are up 1.52%, or 0.37, to .38. Yahoo shares are up 0.40%, or {video_description}.06, to .16.
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Themis’s Saluzzi Discusses Bailouts, Inflation Risk: Video
May 11 (Bloomberg) — Joseph Saluzzi, co-head of equity trading at Themis Trading LLC, talks with Bloomberg’s Carol Massar and Matt Miller about the impact of an almost trillion European loan package on US stocks and inflation risk. (This is an excerpt of the full interview. Source: Bloomberg)
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Charm’s Zhou Says China Companies Increasing Ad Budget: Video
May 6 (Bloomberg) — Wei Zhou, chief financial officer at Charm Communications Inc., a Beijing-based television advertising agency, talks with Bloomberg’s Susan Li and Paul Gordon about the company’s stock listing in the US and the outlook for China’s ad industry. Charm sold .2 million of American depositary receipts at .50 each, within the forecast price range of to , according to Bloomberg data. The shares slipped 1.1 percent to .40 yesterday in Nasdaq Stock Market trading. (Source: Bloomberg)
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Van Vliet Discusses Electronic Trading, Stock Market: Video
May 10 (Bloomberg) — Ben Van Vliet, a lecturer at the Illinois Institute of Technology’s Stuart School of Business, talks with Bloomberg’s Margaret Brennan about the effects of electronic trading on last week’s stock market plunge. (This is an excerpt of the full interview. Source: Bloomberg)
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Charm’s Wei Sees Growth in Consumer Ad Spending in China: Video
May 6 (Bloomberg) — Wei Zhou, chief financial officer at Charm Communications Inc., a Beijing-based television advertising agency, talks with Bloomberg’s Susan Li and Paul Gordon about the company’s stock listing in the US and the outlook for China’s ad industry. ΒΆ Charm sold .2 million of American depositary receipts at .50 each yesterday, within the forecast price range of to , according to Bloomberg data. The shares slipped 1.1 percent to .40 in Nasdaq Stock Market trading. (Source: Bloomberg)