Baidu 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.
HK 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