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Stock Market & Financial Investment News

News Breaks
July 25, 2014
09:09 EDTBIDUBaidu price target raised to $260 from $220 at Pacific Crest
Pacific Crest raised its price target on Baidu after the company reported higher than expected Q2 EPS. The firm is more upbeat about the company's leverage outlook and keeps an Outperform rating on the shares.
News For BIDU From The Last 14 Days
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February 5, 2016
06:33 EDTBIDUChinese public growing unhappy with Baidu, WSJ says
The people of China are becoming unhappy with Baidu, and the internet search giant needs to exercise a balance to maintain profit and public interest, Wall Street Journal columnist Li Yuan says. Yuan brings up the example of Pan Longfei, a man with a rare heart and kidney disease who was led astray to a private hospital featured on a sponsored link on Baidu, when a public hospital in Guangzhou was able to properly diagnose and treat his condition better. Baidu is the largest search engine in China with approximately 80% of the market, the report says. Pan joined a revolt against Bauidu after seeing a post claiming that Baidu populated the web with information from shoddy businesses, including a hospital which reportedly didn't have a medical license, the report says. Reference Link

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