The Traderszone Network

Published in TZ Latest News 11 August, 2015 by The TZ Newswire Staff

Google overhaul "shareholder friendly", though details scarce

Analysts and investors have long sought more granular detail on Google’s capital spending and cash flow, as well the financial performance of YouTube and the Android operating system. Google said on Monday it would split into two reporting companies under a new holding company called Alphabet. Google shares were up 5.7 percent at $701 in premarket trading as investors looked forward to a new era of transparency.