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Google reports strong earnings, propelling its stock

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Google’s stock jumped more than 7 percent in the after-market hours on Thursday, after the company reported strong earnings results for the second quarter.

Total income for the period ended June 30 was US$3.93 billion, up 17 percent from $3.35 billion in the second quarter of 2014, Google announced Thursday. Excluding certain expenses, Google reported earnings of $6.99, beating analysts’ estimates of $6.71, as polled by the Thomson Financial Network.

The company’s stock was trading at around $620 after Google reported its earnings at the end of trading, up from closing at $579.

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