sexta-feira, 21 de janeiro de 2011

Google's Larry Page become CEO


Google beat Wall Street's quarterly sales and profit estimates, and announced that co-founder Larry Page would take on the role of chief executive. This is how the market viewed the move.

JOE KINAHAN, CHIEF DERIVATIVES STRATEGIST, TD AMERITRADE (NASDAQ: AMTD - news)

"Obviously, the Street has a good view of this executive change. If this were a negative, no matter how good the earnings, the stock would have been down."

BRIAN PITZ, ANALYST, UBS (SPGH - news)

"The Street will think it's a negative that there is probably some issue going on. Google is trying to get more efficient and trying to get a tech guy in the seat to compete with Facebook."

MIKE HICKEY, ANALYST, JANCO PARTNERS

"When you see an executive change, you hesitate because generally, it's a disruption at the top. Obviously the numbers look good, so it's a balance between the two. "

COLIN GILLIS, ANALYST, BGC PARTNERS

"It's not like Larry (Page) wasn't there. He's not fresh blood. But it will be interesting to see what he'll do that's different, what he could not have done in his prior role."

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