News Breaks |
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| February 5, 2013 |
| 06:41 EDT |  | BIDU | Baidu downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded Baidu citing expectations for continued margin pressure throughout 2013, mobile uncertainty, and continued investments. |
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News For BIDU From The Last 14 Days Check below for free stories on BIDU the last two weeks. |
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| May 17, 2013 |
| 10:10 EDT |  | BIDU | Baidu rumored to acquire Sohu unit Sogou, Marbridge Daily reports
Baidu (BIDU) has entered into an agreement to acquire Sohu's (SOHU) online search subsidiary Sogou for $2.0B-$2.5B, Marbridge Daily reports, citing an industry source. Note Bloomberg this morning reported that Sohu is seeking a strategic investment in its online search subsidiary. Reference Link |
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| 10:02 EDT |  | BIDU | Sohu.com seeking strategic for search unit, Bloomberg reports
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| May 15, 2013 |
| 09:31 EDT |  | BIDU, BIDU | Baidu mentioned cautiously at OTR Global
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| May 10, 2013 |
| 16:01 EDT |  | BIDU | Options Update; May 10, 2013
CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data. |
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| May 9, 2013 |
| 10:07 EDT | | BIDU | Sohu search biz reportedly sought by Baidu, others, TechCrunch says
Baidu (BIDU), Tencent and Qihoo 360 (QIHU) are rumored to be competing to buy Sohu.com‘s (SOHU) search business, Sogou, according to TechCrunch, citing a Chinese language report that points to "unnamed sources in the investment industry." Sogou's CEO has denied the report as "unreliable” on his Sina Weibo account, the report noted. Reference Link |
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| 09:38 EDT | | BIDU | Active equity option families trading
Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD. |
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| May 7, 2013 |
| 09:06 EDT | | BIDU | Baidu acquisition does not resolve challenges, says Citigroup
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| 05:25 EDT | | BIDU | Baidu acquires online video business of PPS for $370M
Baidu announced the acquisition of the online video business of Internet video provider PPS for $370M. Baidu and PPS expect the transaction to close in Q2. Upon completion of the transaction, the PPS online video business will be consolidated into Baidu's financial statements. PPS's online video business will be merged with Baidu's own video platform iQiyi. The combined entity will become China's largest online video platform by number of mobile users and video viewing time. PPS will continue to operate as a sub-brand of iQiyi. |
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