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Stock Market & Financial Investment News

News Breaks
January 10, 2014
11:23 EDTQIHU, BIDUBaidu rises after analyst upgrades stock
Shares of Chinese Internet search engine Baidu (BIDU) are advancing after research firm Maxim Group upgraded the stock in a note to investors earlier today. WHAT'S NEW: Baidu is the leader in both the PC and mobile search markets in China, Maxim analyst Echo He wrote in a note to investors. Moreover, the growth of Baidu's average revenue per user accelerated in the third quarter, demonstrating the company's pricing power and growing ad revenues, He contended. She thinks the factors pushing up the company's profit margins are likely to outweigh those pulling it down going forward. The analyst upgraded the stock to Buy from Hold, and set a $200 price target on the shares. WHAT'S NOTABLE: One of Baidu's key competitors in the Chinese Internet search market is Qihoo 360 (QIHU). PRICE ACTION: In late morning trading, Baidu.com rose $2.80, or 1.6%, to $178.
News For BIDU;QIHU From The Last 14 Days
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February 27, 2015
08:38 EDTQIHUQihoo 360 announces completion of $200M share repuchase program
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February 23, 2015
10:36 EDTBIDUBaidu calls active amid renewed takeover speculation
Baidu February weekly 210 and 212 calls are active on total call volume of 7K (1K puts) amid renewed takeover speculation. February weekly call option implied volatility is at 29, March is at 26, April is at 27; compared to its 26-week average of 33 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.
10:31 EDTBIDURumor: Baidu moves higher amid renewed takeover speculation
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February 18, 2015
10:05 EDTQIHUOn The Fly: Analyst Downgrade Summary
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07:36 EDTQIHUQihoo 360 downgraded on web game weakness at Jefferies
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February 17, 2015
17:13 EDTQIHUPoint72 gives quarterly update on stakes
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16:11 EDTQIHUQihoo 360 downgraded to Hold from Buy at Jefferies
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09:40 EDTBIDUActive equity options trading on open
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