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Stock Market & Financial Investment News

News Breaks
January 10, 2014
11:23 EDTBIDU, QIHUBaidu 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
Check below for free stories on BIDU;QIHU the last two weeks.
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April 17, 2014
07:29 EDTBIDUBaidu launches mobile wallet in China to compete with peers, TNW says
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April 16, 2014
09:36 EDTBIDUActive equity options trading on open
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April 15, 2014
18:58 EDTBIDUOn The Fly: After Hours Movers
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April 11, 2014
12:44 EDTBIDUHedge funds initiating shorts on Priceline, Amazon, Twitter, CNBC says
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April 9, 2014
08:33 EDTBIDU, BIDUBaidu revenue growth could beat expectations, says CLSA
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08:31 EDTBIDU, BIDUSpeculation of Baidu interest in Ctrip.com logical, says CLSA
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April 8, 2014
10:51 EDTBIDUCtrip, Qunar rise after Bloomberg says travel sites in deal talks
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09:35 EDTBIDUActive equity options trading on open
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09:09 EDTBIDUOn The Fly: Pre-market Movers
HIGHER: BioScrip (BIOS), up 6.7% after stock was named as a stock pick and a potential takeover target by Oscar Schafer while speaking on CNBC... Nokia (NOK), up 5% after deal to sell substantially all of its Devices & Services business to Microsoft (MSFT) receives regulatory approval in China... Ctrip.com (CTRP), up 4.6% after Bloomberg said, citing sources, that the company is in talks with Baidu-controlled (BIDU) Qunar (QUNR) about a partnership or a potential merger... Plug Power (PLUG), up 4.6% after CEO discusses plan to expand fuel cells to trucks in interview... FireEye (FEYE), up 2.5% following upgrade at Wedbush... Twitter (TWTR), up 2% following initiation of coverage with a Buy rating at at Janney Capital... Nike (NKE), up 1.75% after upgraded at Stifel. LOWER: Gigamon (GIMO), down 23% after lowering revenue outlook, shares downgraded at Pacific Crest... LivePerson (LPSN), down 3% after announcing resignation of EVP, Worldside Sales, shares downgraded at Benchmark... Cisco (CSCO), down 0.5% following downgrade to Hold from Buy at Wunderlich.
07:22 EDTBIDUQunar, Ctrip.com in talks on potential merger, Bloomberg says
Chinese travel websites Qunar (QUNR) and Ctrip.com (CTRP) are in talks on a range of possibilities, from a partnership to a full merger, according to Bloomberg, citing two people with direct knowledge of the talks. Qunar, which went public last year in the U.S., is majority owned by Chinese search giant Baidu (BIDU), which recently had over 58% of voting power via its stake. Reference Link
April 7, 2014
14:16 EDTBIDUBaidu volatility increases as shares pull back to six-month low
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13:53 EDTQIHUQihoo 360 Technology volatility increases as shares pull back to six-week low
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April 4, 2014
07:43 EDTQIHU, BIDUBaidu market leading search share in China rose in March, Marbridge Daily says
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