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Stock Market & Financial Investment News

News Breaks
February 27, 2014
07:41 EDTBIDUBaidu downgraded at Morgan Stanley
As previously reported, Morgan Stanley downgraded Baidu to Equal Weight from Overweight. The firm downgraded shares due to lower than expected margins due to increased investments. Price target cut to $179.50 from $185.40. Note that Stifel upgraded shares to Buy today.
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

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