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Baidu Shares Fall On Rumor Of Weak Quarter; Here's What Analysts Dispute
Wednesday, July 1, 2015 - 11:36am | 360Read More...Shares of Baidu Inc (NASDAQ: BIDU) were lower on Wednesday following market chatter that the firm is expected to report a slow quarter. A Baidu spokesperson declined to comment on the rumor of a weak quarter. At least one analyst's recent research report supported the rumor of a weak quarter,...
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Report: Daimler Working With Baidu And Qualcomm On New Auto Technology
Tuesday, May 26, 2015 - 12:21pm | 444Read More...German car maker Daimler has made a push recently to expand the capabilities of its automobiles by partnering with mobile technologies company Qualcomm Inc (NASDAQ: QCOM) and Chinese web services company Baidu Inc (NASDAQ: BIDU). According to multiple reports by Reuters, owners of Daimler models...
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Report: Uber Gets In (Long) Line To Bid On Nokia's Maps Unit
Monday, May 18, 2015 - 6:39pm | 494Read More...Uber Technologies Inc. joined a long list of companies on Monday that are rumored to be bidding on Nokia Corporation (ADR) (NYSE: NOK)'s maps unit valued at up to $4 billion. The ride-sharing startup is said to be partnering with China-based search engine provider Baidu.com, Inc. (NASDAQ:...
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What's Coming For SINA Corp?
Wednesday, May 13, 2015 - 2:59pm | 534Read More...Shares of SINA Corp (NASDAQ: SINA) are surging on Wednesday, as the company readies to report its first quarter financial results before the market opens on Thursday. According to Estimize, experts and the crowd both expect to see a marked decline in earnings in relation not only to the last...
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Why This Analyst Upgraded Baidu Shares To Buy
Monday, May 4, 2015 - 11:10am | 270Read More...In a report published Monday, T.H. Capital analyst Tian X. Hou upgraded shares of Baidu Inc (ADR) (NASDAQ: BIDU) to Buy from Hold with a $239 price target as the company can now execute on a new strategy after all the negatives aspects of its business are all fully understood. According to Hou,...
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Barron's Recap: The World's Hottest Market
Sunday, May 3, 2015 - 6:01pm | 828Read More...This weekend in Barron's online: betting on China's future, the top 500 U.S. companies, as well as the prospects for Blackstone, Tyson Foods, M&T Bank, Covanta and more. Cover Story "China's Long Bull Run" by Kopin Tan. The booming Hong Kong stock market could push higher, according to this...
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Here's Why Pacific Crest Loves Baidu And Qunar Cayman Islands
Wednesday, April 15, 2015 - 3:36pm | 291Read More...In a report published Tuesday, Pacific Crest analyst Cheng Cheng came away from a recent China Internet trip with positive commentary on two specific companies: Baidu Inc (ADR) (NASDAQ: BIDU) and Qunar Cayman Islands Ltd (NASDAQ: QUNR). Baidu: Robust Search Advertising Outlook According to Cheng's...
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Baidu Investors Should Blame This, Stifel Says After Downgrading Shares
Thursday, February 12, 2015 - 10:01am | 295Read More...George Askew of Stifel on Thursday downgraded shares of Baidu Inc (ADR) (NASDAQ: BIDU) from Buy to Hold and removied a previous $250 price target. Askew also removed the company from the "Stifel Select List" following the company's fourth quarter results on Wednesday. Askew noted that Baidu's...
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Is Baidu The Best Chinese Company To Invest In?
Wednesday, February 11, 2015 - 1:58pm | 127Read More...Baidu Inc (ADR) (NASDAQ: BIDU) is scheduled to report its fourth quarter results on Wednesday after market close. Analysts are expecting the company to earn $10.05 per share on revenue of $14.13 billion. Ahead of the company's earnings report, Thomas Carr, aka Dr. Stoxx, told Benzinga that if he...
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Deutsche Bank On Baidu: 'Out Of Sight, Not Out Of Mind'
Friday, January 16, 2015 - 9:20am | 159Read More...Alan Hellawell III of Deutsche Bank on Friday maintained a Buy rating on shares of Baidu Inc (ADR) (NASDAQ: BIDU) with a $261 price target based on a continued belief that the company will see 40 percent year-ove- year top-line growth in 2015. “Having spent much of 2014 solidifying its...
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Morgan Stanley: Wearable Technology A Potential $1.6 Trillion Business
Thursday, November 20, 2014 - 9:16am | 322Read More...Wearable technology refers to mobile electronic devices that are worn on a user's body or attached to their clothes. While the technology is in its infancy stage, analysts at Morgan Stanley believe it will become a $1.6 trillion business in the near future. "Wearable devices will far...
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Markets Rally On Better Than Expected GDP; Dow Has Best Close In More Than A Month
Thursday, October 30, 2014 - 5:09pm | 1851Read More...U.S. stocks rose on Thursday after government data showed the U.S. economy grew 3.5 percent in the third quarter, better than the 3.0 percent expected. Investors brushed off a poor reading on the number of Americans filing for jobless benefits, which rose last week in favor of GDP data; this...
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Dow's Losing Streak Now Stands At 6 Days, S&P 500 And Nasdaq Slightly Positive
Thursday, October 16, 2014 - 5:07pm | 2915Read More...U.S. stocks were mixed on Thursday as the Dow Jones index traded lower by 206 points before recouping most of these losses. However, the index closed the day in negative territory for the sixth straight day, despite encouraging U.S. labor data being reported. Speaking to Bloomberg, St. Louis...
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Tech, Semiconductors Among Worst Performers As Sell-Off Continues
Friday, October 10, 2014 - 5:06pm | 2294Read More...U.S. stocks continued to sell off on Friday on higher than usual volume. Semiconductor stocks were hit hard following Microchip's profit warning and cautious sector-wide comments. The rest of the tech sector was weak, especially "momentum" and high-beta stocks as the Nasdaq index...
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Markets Little Changed In Low Volume And Slow News Ahead Of Long Weekend
Wednesday, August 27, 2014 - 5:17pm | 2425Read More...U.S. stocks were little changed with the S&P 500 closing for the second straight day above the 2,000 mark. Markets were on track for a flat open and volume and volatility remained relatively light throughout the trading session as geopolitical events remain in focus. Israel and Gaza have...
