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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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August 31, 2015
05:44 EDTBIDUBaidu upgraded to Buy from Hold at Jefferies
Jefferies analyst Cynthia Meng upgraded Baidu to Buy saying concerns around search ad spending are overdone. Recent channel checks with top ad agents indicated "strong traction" for performance-based ads, with any cuts to ad budgets being mostly offset by more allocation toward key word search from display ads, Meng tells investors in a research note. At current levels, Meng believes Baidu shares have largely priced in reduced earnings growth expectations. She keeps a price target of $210 for the stock. The Chinese search giant closed Friday up 7c to $152.13.
August 28, 2015
11:04 EDTQIHUOptions with increasing implied volatility
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08:57 EDTQIHUChairman weighing cut to $9B 'go-private' offer for Qihoo 360, WSJ says
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August 27, 2015
10:57 EDTQIHUOptions with increasing implied volatility
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August 24, 2015
05:57 EDTBIDUStocks with implied volatility below IV index mean; BIDU GOOG
Stocks with implied volatility below IV index mean; Baidu (BIDU) 41, Google (GOOG) 31 according to iVolatility.
August 20, 2015
07:20 EDTBIDUCitigroup to hold a conference
Hong Kong / China Corporate Day is being held in Hong Kong on August 20.
05:46 EDTQIHUStocks with implied volatility movement; QIHU EOG
Stocks with implied volatility movement; Qihoo 360 (QIHU) 45, EOG Resources (EOG) 35 according to iVolatility.
August 19, 2015
07:34 EDTBIDUChinaNet Online announces partnership with Baidu
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