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Stock Market & Financial Investment News

News Breaks
January 10, 2014
07:46 EDTBIDUBaidu upgraded to Buy from Hold at Maxim
Maxim upgraded Baidu shares to Buy from Hold with a $200 price target citing the continued growth of China's internet economy and the company's leadership in mobile.
News For BIDU From The Last 14 Days
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June 30, 2015
06:55 EDTBIDUBaidu to invest roughly $3.2B in offline-to-online unit, TechCrunch reports
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June 22, 2015
06:09 EDTBIDUHK opens door to Alibaba and others to to return 'home', Financial Times says
Hong Kong's stock exchange has opened the door to Alibaba (BABA) listing on its home market, reports the Financial Times. The xchange said it would re-examine its current bar on China-based companies having a secondary listing of their shares in the city. The move could permit groups like Alibaba, Baidu (BIDU), and JD.com (JD) to return "home" via secondary listings." Reference Link
June 17, 2015
18:39 EDTBIDUNokia looks to German carmakers as it seeks $4B for map unit, Bloomberg says
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07:34 EDTBIDUKeyBanc remains a buyer of Baidu
KeyBanc said a sum-of-the-parts analysis suggests Baidu's valuation is attractive and is a more appropriate way to look at the stock given optionality around video and online travel following heavy investments. The firm expects steady core margins in 2015 and remains a buyer of shares. KeyBanc rates Baidu an Overweight with a $255 price target.
05:53 EDTBIDUBaidu mobile monetization concerns unwarranted, says Summit Research
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June 16, 2015
05:26 EDTBIDUBaidu subsidiary iQIYI paid subscribers reach 5M
iQIYI, an independently operated subsidiary of Baidu, announced that the company's paid streaming subscribers have reached 5M as of June 15, a 765% annual increase.

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