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Last Bytes Earnings Edition Google Microsoft Ibm Plus E3

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by Laura Rich
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Jul 17 2008 12:00am EDT

Last Bytes: Earnings Edition -- Google, Microsoft, IBM, Plus E3

-- Google missed Wall Street earnings expectations, sending the company's shares down 10 percent in after-hours trading. [Portfolio.com]

-- IBM, on the other hand, exceeded analyst expectations by posting a 22 percent jump in profit. The company raised it profit forecast for the rest of the year. [AP]

-- Microsoft reported results in line with Wall Street expectations, but offered earnings guidance that dissappointed investors, who sent the company's shares down nearly 7 percent in after-hours trading. [Reuters]

-- E3 comes to a close; EA talks Knights of the Old Republic. [Portfolio.com]

-Sam Gustin. □

Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.
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