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Stock Market & Financial Investment News

News Breaks
May 1, 2014
06:25 EDTBIDU, YOKUBaidu video site aims for IPO in next three years, Bloomberg says
Baidu's (BIDU) video website, IQiyi is targeting to hold an IPO in the next three years as it rivals Youku Tudou (YOKU) for China’s 618M Internet clients who are looking for movies and TV shows online, according to Bloomberg, citing comments from Baidu's video unit CEO Gong Yu. Reference Link
News For BIDU;YOKU 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 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
10:00 EDTYOKUOn The Fly: Analyst Upgrade Summary
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09:20 EDTYOKUOn The Fly: Pre-market Movers
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09:11 EDTYOKUYouku Tudou upgraded to Neutral following Q2 report at Mizuho
As previously reported, Mizuho upgraded Youku Tudou to Neutral from Underperform and maintained its $18 price target. The firm upgraded shares citing the Q2 beat and expects the consumer business to diversify and drive top line growth, and improve margin.
07:20 EDTBIDUCitigroup to hold a conference
Hong Kong / China Corporate Day is being held in Hong Kong on August 20.
06:05 EDTYOKUYouku Tudou upgraded to Neutral from Underperform at Mizuho
August 19, 2015
18:05 EDTYOKUYouku Tudou sees Q3 revenue RMB 1.69B-RMB 1.78B
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18:04 EDTYOKUYouku Tudou reports Q2 EPS (RMB 1.76) vs. (RMB 0.76) last year
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07:34 EDTBIDUChinaNet Online announces partnership with Baidu
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