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Stock Market & Financial Investment News

News Breaks
September 4, 2012
06:09 EDTBIDU, TCEHY, GOOGBaidu releases mobile-Internet browser, WSJ reports
China search engine Baidu (BIDU) released a mobile-Internet browser, saying it would invest in a new cloud-computing center in a move to gain more control over how Internet users in China access the Web through smartphones, reports the Wall Street Journal. Reference Link
News For BIDU;GOOG;TCEHY From The Last 14 Days
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May 21, 2013
19:39 EDTGOOGGoogle tax behavior to be criticized by U.K. party leader, Reuters says
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10:42 EDTGOOGGoogle tests support at $900, levels to watch
The shares have had an amazing run-up over the last month, gaining nearly 14% in the process. Today, support at the $900 level is being tested with shares having broken that level to reach $897.61 and then bouncing slightly back above $900. If the stock can close back above $900 today, it will have passed the first test of support at this area. If it fails to do so, it could give bears in the stock an opportunity to sell and chase out longs in the name. First support today is at the session low at $897.61. Resistance is at $903.87.
May 20, 2013
16:02 EDTGOOG, BIDUOptions Update; May 20, 2013
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09:58 EDTBIDURumor of Baidu in search deal with Sohu may be true, Forbes says
Rumors, citing an industry source, that Baidu (BIDU) has reached an agreement to purchase Sogou from Sohu.com (SOHU) in a complex swap transaction might be true, despite seemingly contradictory indications from Charles Zhang that seem to say that Sogou isn’t for sale, according to Forbes contributor Doug Young. Reference Link
09:49 EDTBIDUBaidu rumored to be competing with Tencent to buy NetQin, TechinAsia says
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09:40 EDTGOOG, BIDUActive equity option families trading
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07:53 EDTGOOGGoogle ex-employee claims evidence of U.K. tax evasion, FT says
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07:29 EDTBIDUDeutsche Bank to host a conference
dbAccess Asia Conference 2013 is being held in Singapore on May 20-22.
05:54 EDTBIDUBaidu considers IPO for its video site, Bloomberg reports
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May 19, 2013
18:00 EDTTCEHYTencent Holdings stock could rise 20%, Barron's says
Tencent Holdings stock could rise 20% if the company's forward P/E returns to its average of 26, Barron's stipulates. Reference Link
May 17, 2013
16:00 EDTGOOGOptions Update; May 17, 2013
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14:03 EDTGOOGMarket set to finish week with gains after Cisco results, comments
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10:10 EDTBIDUBaidu rumored to acquire Sohu unit Sogou, Marbridge Daily reports
Baidu (BIDU) has entered into an agreement to acquire Sohu's (SOHU) online search subsidiary Sogou for $2.0B-$2.5B, Marbridge Daily reports, citing an industry source. Note Bloomberg this morning reported that Sohu is seeking a strategic investment in its online search subsidiary. Reference Link
10:02 EDTBIDUSohu.com seeking strategic for search unit, Bloomberg reports
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09:38 EDTGOOGGoogle rises following price target bump, levels to watch
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09:37 EDTGOOGActive equity option families trading on open
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08:53 EDTGOOGGoogle price target raised to $1,065 from $875 at Argus
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07:10 EDTGOOGU.K. to question Amazon over income tax, Reuters reports
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06:36 EDTGOOGGoogle to add new apps to Google Glass, NY Times says
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May 16, 2013
18:42 EDTGOOGGoogle sent letter by Congress over Glass privacy issues, WSJ reports
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