NEW YORK (
The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.
"Palm HP" is the No. 1 trending topic on Google this morning following
agreement on Wednesday to buy
( PALM) for $1.2 billion.
Investors have been waiting months for Palm to find a buyer, after big names like
said they wouldn't purchase the company.
The deal will make HP, which already is a giant in personal computers, a leader in the growing smartphone business.
The oil spill off the Gulf of Mexico is growing -- almost as fast as Internet searched for the phrase "Gulf of Mexico oil spill" -- as experts now say it is expelling oil at a rate of 5,000 barrels a day, instead of the prior estimate of 1,000 barrels as day. The oil slick could hit shore as early as this weekend, threatening Louisiana, Mississippi, Alabama and Florida.
The oil spill occurred after the
oil rig Deepwater Horizon
, which is owned by
and operated by
, exploded last week, leaving 11 workers still missing.
is a trending topic after it reported a
. This is the first year-over-year gain for Exxon since the third-quarter of 2008.
During the quarter, the oil giant earned $6.3 billion, or $1.33 a share, as revenue soared 41% to $90.25 billion.
is also a popular search as it too saw its
first-quarter profit climb 31% to $1.4 billion
as sales rose 6.7%.
Unilever, the maker of household products such as Lipton tea and Dove soap, said underlying volume growth was 7.6%. Its operating margin rose 60 basis points, driven by improved gross margins and lower overhead costs.
-- Reported by Jeanine Poggi in New York.
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