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Posted on ZDNet News: May 23, 2006 1:27:00 AM

Reuters Logo Web search leader Google said on Tuesday that it plans to hold a special meeting with financial analysts and investors next week in a bid to improve the company's relations with Wall Street.

The Mountain View, Calif.-based company said it would host a question-and-answer session at 11 a.m. PDT next Wednesday to discuss business strategy and plans with members of Google's senior management.

"As our CEO, Eric Schmidt, mentioned during our last earnings call, we would like to offer more opportunities for the investment community to interact with our senior management," said Kim Jabal, director of investor relations at Google.

The meeting, in the form of a live Webcast, will be available on Google's investor relations page.

Google shares were trading up $5.55 at $376.50, up 1.5 percent on the Nasdaq on Tuesday.

The stock is down roughly 10 percent so far this year on concerns about mounting competition in the Internet industry and Wall Street's frustration with Google's refusal to provide guidance on its financial outlook.

Story Copyright © 2006 Reuters Limited. All rights reserved.

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