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Google rallies as profit beats forecasts on ad revenue growthGoogle-logo-300x200.jpg

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Shares of Google Inc rose nearly 12% after the Web search leader's profit beat forecasts for the first time in the last six quarters, boosted by strong advertising revenue and comments by its new chief financial officer on disciplined spending. Google rallied to US$673.50 in extended trading after closing at $601.78 on Nasdaq. That would mark...

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