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Stock Market & Financial Investment News

News Breaks
February 14, 2014
08:41 EDTBIDUBaidu Q4 revenue likely to top consensus, says Maxim
Maxim believes Baidu's Q4 revenue will likely beat consensus while its earnings may be higher than expected when the company reports on February 26. The firm says consolidating 91 Wireless in Q4 may bring $40M-$45M in incremental revenue to Baidu with $10M-$15M of incremental net income. Maxim reiterates a Buy rating on the stock.
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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