Google Gains as Advertising Demand Helps Sales Top Estimates
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Google Inc., the world’s biggest Internet-search company, rose in U.S. trading after demand for online advertising vaulted third-quarter sales past analysts’ estimates.
Excluding revenue passed on to partner sites, sales rose to $7.51 billion, Mountain View, California-based Google said yesterday. That exceeded the $7.23 billion average of analysts’ estimates compiled by Bloomberg.