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Stock Market & Financial Investment News

News Breaks
January 15, 2014
07:49 EDTBIDU, BIDUBaidu is an internet top pick for 2014 at CLSA
CLSA said Baidu is one of the cheapest Chinese internet stocks and should start benefiting from heavy mobile investments. The analyst said Baidu is the default search Chinese search engine and is able to capture search queries of native apps, mobile webs, or local businesses. The firm said competitive threats are small and that the company should be able to sustain 35%-40% revenue growth. Shares are Outperform rated.
News For BIDU From The Last 14 Days
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July 23, 2014
09:23 EDTBIDUBaidu volatility elevated into Q2 and outlook
Baidu July weekly call option implied volatility is at 107, August is at 45, September is at 39, December is at 37; compared to its 26-week average of 42 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on July 24.
July 21, 2014
10:49 EDTBIDUBaidu advances following Morgan Stanley upgrade
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07:26 EDTBIDUBaidu upgraded to Overweight from Equal Weight at Morgan Stanley
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July 18, 2014
05:21 EDTBIDUChangyou.com appoints Rucia Ren as acting CFO
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July 15, 2014
07:46 EDTBIDUBaidu looking to strike game partnerships in Canada, Globe & Mail says
Baidu is meeting with game developers in Vancouver and Toronto to see if it can strike relationships as the Chinese search giant looks to build on the 40% shares of China's games market on the Android platform that it currently holds, reported The Globe & Mail. Reference Link
July 14, 2014
08:23 EDTBIDU, BIDUBaidu likely to report Q2 upside, says CLSA
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