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Stock Market & Financial Investment News

News Breaks
November 21, 2012
10:52 EDTBIDUBaidu breaks below its recent trading range lows, levels to watch
The shares have broken the low of the recent trading range at the $92 area, Breaks of ranges typically lead to stronger moves in the direction of the break. At the current price of $91.04, next support is at $88.32, a prior pivot high from 2010. Resistance is at $92, and then at $95.12.
News For BIDU From The Last 14 Days
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September 4, 2015
11:00 EDTBIDUMuddy Waters says not issuing negative piece on Baidu
Short-selling research firm Muddy Waters said via Twitter than an earlier report claiming it will issue a negative piece on Baidu is false. Muddy tweeted, "Benzinga report MW is coming out with negative report on $BIDU is completely wrong. We have no plans to issue any report on the company." Shares of the Chinese-language Internet search provider are down $3.08 to $146.00 in early trading.
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.

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