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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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December 17, 2014
13:16 EDTBIDUBaidu, Uber confirm strategic partnership
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06:12 EDTBIDUBaidu to take stake in Uber, Reuters reports
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December 12, 2014
09:35 EDTBIDUActive equity options trading
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06:10 EDTBIDUBaidu to take stake in Uber, WSJ reports
Baidu (BIDU) will invest in cab service Uber Technologies, Wall Street Journal reports, citing a person familiar with the matter. Baidu said it plans to announce an investment in a U.S. startup on Dec. 17, the paper adds. Marbridge Daily yesterday reported that Baidu is rumored to invest up to $600M in Uber. Reference Link
December 11, 2014
10:17 EDTBIDUCiti upbeat on Google in face of pending Apple decision on Safari
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09:11 EDTBIDUBaidu rumored to invest up to $600M in Uber, Marbridge Daily says
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08:09 EDTBIDUGoogle shares pricing in loss of Apple search deal, says Citigroup
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