Google Stock Hits New High

San Francisco — Google’s stock reached its all-time high, after new Chief Financial Officer Ruth Porat signaled plans to bring more restraint to spending at the Internet search giant. Google shares rose 16 percent to close at $699.62 in New York on Friday, marking their biggest gain since April 2008. The advance added $65 billion to the company’s market value and put the stock up 30 percent this month. Profit and sales topped...

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