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Google Inc. (GOOG-Q639.57----%)’s quarterly results fell short of Wall Street’s heightened expectations for the holiday season as Europe’s economic malaise weighed, a rare miss that triggered a 9 per cent slide in its shares.

The No. 1 Internet search engine underperformed on both revenue and earnings in the fourth quarter, disappointing investors who had counted on record U.S. online-commerce to prop up results.


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