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Stock Market & Financial Investment News

News Breaks
May 17, 2013
10:02 EDTBIDU, SOHUSohu.com seeking strategic for search unit, Bloomberg reports
Sohu.com (SOHU) is seeking strategic investment for its Sogou search unit in an attempt to compete with Baidu (BIDU), Bloomberg reported earlier today. Shares of Sohu.com are up 4%, or $2.66, to $63.94 in early trading as investors speculate on potential investors in the company's search unit. Shares of Baidu are up 1%, or $1.10, to $93.77 in early trading. Reference Link
News For SOHU;BIDU From The Last 14 Days
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August 31, 2015
05:44 EDTBIDUBaidu upgraded to Buy from Hold at Jefferies
Jefferies analyst Cynthia Meng upgraded Baidu to Buy saying concerns around search ad spending are overdone. Recent channel checks with top ad agents indicated "strong traction" for performance-based ads, with any cuts to ad budgets being mostly offset by more allocation toward key word search from display ads, Meng tells investors in a research note. At current levels, Meng believes Baidu shares have largely priced in reduced earnings growth expectations. She keeps a price target of $210 for the stock. The Chinese search giant closed Friday up 7c to $152.13.
August 24, 2015
05:57 EDTBIDUStocks with implied volatility below IV index mean; BIDU GOOG
Stocks with implied volatility below IV index mean; Baidu (BIDU) 41, Google (GOOG) 31 according to iVolatility.
August 20, 2015
07:20 EDTBIDUCitigroup to hold a conference
Hong Kong / China Corporate Day is being held in Hong Kong on August 20.

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