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Wednesday, January 26, 2011
Google Tops Views As Co-Founder Page To Step In As CEO
In a surprise change late Thursday, Google said co-founder Larry Page would take over as chief executive, with current CEO Eric Schmidt moving to the post of executive chairman. The news overshadowed another stellar quarter, as the the No. 1 online search engine handily beat analyst expectations. Google (GOOG) said per-share profit minus special items jumped 29% to $8.75 from $6.79 in the year-earlier quarter. That shattered the $8.09 consensus
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