Google Inc (NASDAQ:GOOG) Introducing Wireless Network in Douglasville City - DATE, JRJC

Pompano Beach, FL -- (SBWIRE) -- 12/26/2012 -- Google Inc (NASDAQ:GOOG) has been able to establish a contract with Douglasville City administration regarding operation of outdoor wireless network in the locality. However, the City Council delegated Mayor Harvey Persons to sign the agreement with the search giant in order to approve the company to initiate the developmental processes by the start of next year.

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Furthermore, according to media resources the company managed to get a majority vote from Douglasville City Council in terms of establishing a wireless network in the countryside. However, Google Inc against its services will have its insignia emplaced on the most prominent locations in the city.

Additionally, the company is not new to the city of Douglasville because, it is already running its facility designed to optimize search engines via rating the sites in the area. Finally, Google Inc (NASDAQ:GOOG) will be covering the city’s centers named Jesse Davis Park and Hunter Park with its wireless network in near future.

With the latest fall of -0.86%, Google Inc (NASDAQ:GOOG) now has YTD performance +9.85% which for the week is negative at -1.56%. The company will report higher sales for the Quarter ending Dec-12, according to 29analysts polled by Reuters. On average, they believe sales will arrive at $12,412.30 million from $10,741.60 million posted in the same quarter last year. The average sales forecast of 29analysts for the full-year is $41,461.20 million, up as compared to $35,962.70 million annual sales a year ago.

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Jiayuan.com International Ltd (NASDAQ:DATE) with a 4.41% gain to $5.21 in the latest trading session has changed its distance from 200-Day Moving Average to +3.06% and 50-Day Moving Average to -4.47%. It captures $73.30million in market value. The mean rating 2.80 is set by analysts. The company is projected to report $0.05 per share for the quarter ending Dec-12 as compared to $0.13 earned a year earlier, according to 3 analysts surveyed by Reuters. The average EPS forecast of 4 analysts for the full-year is $0.30, down as compared to $0.40 earned a year ago.

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China Finance Online Co. (ADR) (NASDAQ:JRJC)’s shares touched a high of $1.12 before closing at $1.08, a decrease of $0.02. The trading volume was 10,900 shares. Since hitting a 52-week low of $1.02 on Aug 31, 2012, the stock has managed to stay 5.88% higher from that level.The latest decline caused shares to increase their 2012 loss to -33.33%.

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