Slashdot Mirror
Below-Expected Earnings For Google Posted Early, Trading Halted
An anonymous reader writes with this snippet from the BBC: "Trading in Google shares has been suspended after the internet giant released its third-quarter results early by mistake. Google blames financial printing firm RR Donnelley for filing an early draft of the results, which had been expected after the closing bell. Shares in Google were down 9% when trading in the stock was suspended. Shares had fallen as much as 10.5% at one stage. In a statement, Google said: 'Earlier this morning RR Donnelley, the financial printer, informed us that they had filed our draft 8K earnings statement without authorisation... We have ceased trading on Nasdaq while we work to finalise the document. Once it's finalised we will release our earnings, resume trading on Nasdaq and hold our earnings call as normal at 1:30 PST.'"
I'm the American who submitted it. Born and raised, lightly educated by comparison.
I realize how flawed the BBC is as a British Commonwealth Corporation, in your eyes.
I found the summary contained the most timely and pertinent information in a concise blob...
of any major media reporting body that was running the story at the time.
I could give two shits about 'finalise' v 'finalize', potato/potahto or other musket v. rifle instances.
It took roughly 15 or 20 for Timothy to massage the href and post it up.
The trading resumed 8 minutes ago.
Time was of the fucking essence, in a sense.