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Stock Market & Financial Investment News

News Breaks
July 21, 2014
10:49 EDTSOHU, SINA, NTES, BIDUBaidu advances following Morgan Stanley upgrade
Shares of Chinese Internet search engine Baidu (BIDU) are climbing on a down day for the market after Morgan Stanley upgraded the stock to Overweight from Equal Weight today. WHAT'S NEW: Baidu's revenue growth has accelerated as the company has improved the monetization of its PC and mobile traffic, while the fundamentals of the company's mobile business have improved, Morgan Stanley analyst Adam De Stefano wrote. The company's acquisitions have also boosted its revenue growth, the analyst added. Baidu's profit margins are likely to increase towards the end of this year, driven by continued strong sales growth and spending cuts, De Stefano believes. The analyst set a $239.30 price target on the shares. PRICE ACTION: In mid-morning trading, Baidu rose 2.7% to $196.30. Several other Chinese Internet stocks also advanced, with SINA (SINA) climbing 3.6% to $48.45, Sohu.com (SOHU) adding 1.2% to $55.38, and NetEase (NTES) rising 1.4% to $83.10.
News For BIDU;SINA;SOHU;NTES From The Last 14 Days
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August 26, 2015
10:05 EDTNTESNetEase.com upgraded to Buy from Hold at Standpoint Research
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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 EDTSINA, BIDU, NTESCitigroup to hold a conference
Hong Kong / China Corporate Day is being held in Hong Kong on August 20.
August 19, 2015
10:43 EDTSINASINA reverses lower
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10:14 EDTNTES, SINAOptions with decreasing implied volatility
Options with decreasing implied volatility: KING SUNE YY JCP URBN NTES DKS DANG SINA KSS
09:23 EDTSINASINA price target lowered to $55 from $65 at Piper Jaffray
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07:34 EDTBIDUChinaNet Online announces partnership with Baidu
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August 18, 2015
18:32 EDTSINAOn The Fly: After Hours Movers
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16:32 EDTSINASINA reports Q2 EPS 6c, consensus 4c
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14:51 EDTSINANotable companies reporting after market close
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10:13 EDTNTESOptions with decreasing implied volatility
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August 17, 2015
09:43 EDTSINASINA upgraded to Buy from Hold at T.H. Capital
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August 14, 2015
14:49 EDTBIDUAlphaOne Capital's Dan Niles says has been 'nibbling' on Baidu, Alibaba
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August 13, 2015
14:07 EDTBIDUBaidu launches marketing platform for offline merchants, Marbridge says
Baidu's payment service Baidu Wallet has launched the Baidu Yuanquan "online-to-offline" marketing management platform for offline retailers, reports Marbridge Consulting. The platform, also known as Baidu Source, has the capability to analyze factors including a mobile user's location and purchasing behavior in order to offer targeted coupons that can be used in offline stores. Baidu also created the Baidu Wallet O2O Alliance, aiming to boost user acquisition and reduce operating costs for partner companies, according to the report. Reference Link
09:20 EDTNTESOn The Fly: Pre-market Movers
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