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Stock Market & Financial Investment News

News Breaks
December 3, 2013
08:04 EDTBIDU, WDCWestern Digital and Baidu to integrate storage services
WD, a Western Digital company (WDC) and Baidu (BIDU) have agreed to integrate Baidu Yun public cloud storage services with WD's personal cloud and external storage platforms to provide Chinese consumers a hybrid digital storage solution. WD's My Cloud personal cloud drives, available now in China in capacities of 2 TB, 3 TB and 4 TB, enable consumers to organize, centralize and secure the digital content from all of their computers and mobile devices and access those files from any device and from anywhere in the world.
News For WDC;BIDU From The Last 14 Days
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April 29, 2015
09:26 EDTWDCOn The Fly: Pre-market Movers
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08:49 EDTWDCWestern Digital weakness a buying opportunity, says Susquehanna
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07:31 EDTWDCWestern Digital weakness a buying opportunity, says Jefferies
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April 28, 2015
17:31 EDTWDCSeagate falls 1% after peer Western Digital reports Q3 results, guidance
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17:12 EDTWDCWestern Digital says PC demand impacted by global headwinds
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17:11 EDTWDCWestern Digital sees Q4 EPS $1.50-$1.60, consensus $1.92
Sees Q4 revenue $3.3B-$3.4B, consensus $3.64B. Guidance provided on Q3 earnings conference call.
16:17 EDTWDCWestern Digital reports Q3 EPS $1.87, consensus $1.89
Reports Q3 revenue $3.5B, consensus $3.6B.
15:06 EDTWDCNotable companies reporting after market close
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14:46 EDTWDCWestern Digital technical commentary ahead of earnings
The stock is trading just below its 50-day moving average heading into earnings. On a technical basis the stock does exhibit a topping pattern that could continue on weak news, or be resolved by a strong move higher. The first big level of support is at the $90 area. A move to that level, and eventually lower, would confirm the topping pattern has become dominant and would turn the trend bearish. Support below $90 would be at $88.23. If the news is a bullish surprise, initial resistance would be at the 50-day at $99.98. Thereafter resistance would be at $104.95 and $109.09.
14:39 EDTWDCWestern Digital May weekly volatility elevated into Q3 and outlook
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07:24 EDTWDCJPMorgan cautious on Western Digital into earnings
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April 24, 2015
12:33 EDTBIDUThree tech giants likely to enter mobile medical sector, WantChinaTimes says
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April 23, 2015
08:19 EDTBIDUBaidu mulling bid for Nokia maps unit, Bloomberg reports
April 22, 2015
17:23 EDTBIDUNokia approaches Apple, Amazon, Facebook in sale of maps unit, Bloomberg says
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April 21, 2015
09:37 EDTBIDUActive equity options trading on open
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April 20, 2015
14:10 EDTBIDUBaidu closed down Japan search page, WantChinaTimes says
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13:07 EDTBIDUBaidu closed down Japan search page, WantChinaTimes says
Baidu recently closed down its search page in Japan, Shanghai's China Business News reported, according to WantChinaTimes. Japan was the first market to which Baidu attempted to expand, WantChinaTimes stated. Reference Link
10:00 EDTBIDUOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 58.com (WUBA) initiated with a Hold at Summit Research... Aduro Biotech (ADRO) initiated with a Buy at Roth Capital... Alibaba (BABA) initiated with a Buy at Summit Research... Baidu (BIDU) initiated with a Buy at Summit Research... Callaway Golf (ELY) initiated with a Buy at Jefferies... Cellectis (CLLS) initiated with a Buy at Jefferies... Changyou.com (CYOU) initiated with a Buy at Summit Research... Cheetah Mobile (CMCM) initiated with a Buy at Summit Research... Ctrip.com (CTRP) initiated with a Hold at Summit Research... Dynegy (DYN) initiated with an Overweight at Morgan Stanley... FMC Corporation (FMC) initiated with a Neutral at Monness Crespi... Franklin Financial Network (FSB) initiated with a Buy at BofA/Merrill... Granite Construction (GVA) initiated with an Outperform at Cowen... Hershey (HSY) initiated with a Reduce at Nomura... JD.com (JD) initiated with a Hold at Summit Research... Jumei (JMEI) initiated with a Buy at Summit Research... McEwen Mining (MUX) initiated with a Buy at H.C. Wainwright... Natural Gas Services (NGS) initiated with a Neutral at Sidoti... New Residential (NRZ) initiated with a Buy at BofA/Merrill... Platform Specialty Products (PAH) initiated with an Outperform at Credit Suisse... Qihoo 360 (QIHU) initiated with a Buy at Summit Research... Qunar (QUNR) initiated with a Buy at Summit Research... SINA (SINA) initiated with a Hold at Summit Research... Smith & Wesson (SWHC) initiated with a Sector Perform at RBC Capital... Sohu.com (SOHU) initiated with a Hold at Summit Research... SolarEdge (SEDG) initiated with a Buy at Deutsche Bank... Splunk (SPLK) initiated with a Buy at Citigroup... Tableau (DATA) initiated with a Neutral at Citigroup... Team Health (TMH) initiated with an Outperform at Leerink... Tuniu (TOUR) initiated with a Buy at Summit Research... Vipshop (VIPS) initiated with a Buy at Summit Research... Vista Outdoor (VSTO) initiated with an Outperform at RBC Capital... Weibo (WB) initiated with a Buy at Summit Research... YY Inc. (YY) initiated with a Buy at Summit Research... Youku Tudou (YOKU) initiated with a Hold at Summit Research... Zhaopin (ZPIN) initiated with a Hold at Summit Research.
09:36 EDTBIDUActive equity options trading on open
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05:45 EDTBIDUBaidu initiated with a Buy at Summit Research
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