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Stock Market & Financial Investment News

News Breaks
August 12, 2014
07:46 EDTCNET, BIDUChinaNet Online signs $26M agreement with Baidu
ChinaNet Online (CNET) announced that it has signed a collaboration agreement with Baidu (BIDU). ChinaNet cooperates with the major search engines to perform search engine marketing and related value-added services for its clients. In order to secure and further enhance the business relationship with Baidu, the company has signed a two-year agreement with Baidu for approximately $26M to optimize the search advertising campaigns run on behalf of ChinaNet's clients through Baidu's search engine.
News For CNET;BIDU From The Last 14 Days
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October 24, 2014
14:55 EDTBIDUBaidu weekly volatility elevated into Q3 and outlook
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October 16, 2014
10:01 EDTBIDUOn The Fly: Analyst Upgrade Summary
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05:50 EDTBIDUBaidu upgraded to Outperform from Perform at Oppenheimer
Oppenheimer upgraded Baidu to Outperform with a $280 price target citing the recent pullback in shares and the company's increasing mobile market share.
October 14, 2014
13:04 EDTCNETChinaNet Online rallies after announcing launch of Zero Down Payment Loans
Earlier today, ChinaNet Online announced the launch of Zero Down Payment Loans. The product, targeted toward entrepreneurs, is being offered with Chinese financial services companies Haodai, which offers a credit product search engine, and Yooli China's leading crowdfunding services Web site. ChinaNet is taking a leading role in the Zero Down Payment Loans offering. The product integrates banks, P2P, and security companies with reputable enterprise franchising resources. The service will significantly lower the hurdles that many entrepreneurs face and help them to realize their business objectives. Shares of ChinaNet Online are up almost 49% to $2.03 in midday trading.

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