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Stock Market & Financial Investment News

News Breaks
December 3, 2013
08:04 EDTWDC, BIDUWestern 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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March 31, 2015
07:19 EDTWDCWestern Digital Seagate estimates lowered below consensus at Stifel
Stifel lowered its Q3 and Q4 estimates for Western Digital (WDC) and Seagate (STX) below consensus levels to reflect weaker than expected HDD demand for Q3 and the firm's belief that trends will be flattish into Q4. The firm keeps a Buy rating on Western Digital ,citing what it sees as the company's positive enterprise portfolio positioning, its ability to leverage a more variable costs model, and its positive free cash flow outlook. It keeps a Hold rating on Seagate.
March 30, 2015
09:27 EDTBIDUOn The Fly: Pre-market Movers
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07:05 EDTBIDUChinaNet Online, Baidu announce service partner agreement
ChinaNet Online (CNET) announced it has entered a service partner agreement with Baidu (BIDU) to cross-sell branded services and products in conjunction with the Company's "Business Direct 3.0" and Baidu's Baidu Direct Reach. The service partner agreement, with power of attorney authorized by Baidu, allows ChinaNet to resell any related Baidu Direct Reach service with the Baidu name and conversely allows Baidu to leverage the ChinaNet brand and Business Direct 3.0 name, products and services. ChinaNet will now be positioned within Baidu's service provider ecosystem of internet and mobile products.
March 26, 2015
09:36 EDTBIDUActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GILD TWTR FB KRFT BIDU TSLA CELG NFLX FCAU
March 25, 2015
12:07 EDTBIDUBaidu slide attributed to Chinese trade group medical ad opposition
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09:35 EDTBIDUActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TWTR TSLA KRFT FB BIDU GPRO V GILD NFLX
March 23, 2015
07:15 EDTBIDUCredit Suisse to hold a conference
18th Annual Asian Investment Conference is being held in Hong Kong on March 23-27.
06:14 EDTBIDUCiti calls Baidu one of its top picks
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March 22, 2015
17:01 EDTWDCWestern Digital, PACCAR, two others look discounted, Barron's says
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March 20, 2015
09:45 EDTBIDUActive equity options trading on open
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March 19, 2015
13:35 EDTBIDUBaidu, Alibaba taking opposite approach with maps, WantChinaTimes says
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March 18, 2015
09:08 EDTBIDUYOU On Demand signs agreement with Galaxy Internet Television in China
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06:42 EDTBIDUUxin raises $170M from KKR, Baidu, others, WSJ says
Chinese used car auctioneer Uxin has raised $170M from backers including KKR (KKR) and Baidu (BIDU), reports the Wall Street Journal. Uxin will primarily use the fund to expand its business-to-consumer operations to complete with rivals Bitauto (BITA) and Autohome (ATHM). Reference Link

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