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AVG Technologies And Google Temporarily Extend Existing Agreement - Quick Facts

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9/26/2012 6:06 PM ET

AVG Technologies N.V. (AVG: Quote) announced that the existing agreement with Google Inc. (GOOG: Quote) has been temporarily extended.

"We continue to work closely with Google with the goal of signing a mutually beneficial agreement. We have agreed to sign an extension to ensure we have time to finalize our negotiations," said J.R. Smith, Chief Executive Officer of AVG.

AVG also announced that it expects to report third quarter results that are in line with or better than the outlook it provided on August 1, 2012.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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After reporting a bigger than expected increase in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Thursday that once again showed stronger than expected durable goods orders growth in the month of March. The report said durable goods orders surged up by 2.6 percent in March after jumping by a revised 2.1 percent in February. First-time claims for U.S. unemployment benefits rose by more than expected in the week ended April 19th, according to a report released by the Labor Department on Thursday, with initial jobless claims climbing further off their recent lows. The report said initial jobless claims rose to 329,000, an increase of 24,000 from the previous week's revised figure of 305,000. After giving back some ground in the previous session, stocks are likely to move back to the upside in early trading on Thursday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 40 points.
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