China's Ministry of Culture will punish Baidu Inc for providing illegal music downloads, a move that poses near-term risk to the firm's soaring stock price. Xinhua, China's official news agency, reported on Monday that the government will punish …
Shares of Chinese internet search giant Baidu Inc. BIDU fell about 3.2% in morning trading Tuesday following a handful of new reports about the company. While some investors will be interested in Baidu’s possible new sports venture, others …
Baidu’s stock price jumped yesterday too, after investment firm Kaufman Brothers upgraded shares from hold to buy and raised its price target to $690 on expectations for the Chinese company to pick up the market share in their home …
Now to the report itself. Baidu reported earnings per share of 46 cents, handily topping analyst estimates of 41 cents. In addition, the company beat with revenues of $337.2 versus $333.26 expected. When a high-growth stock like Baidu
Suddenly, Baidu was a $4 billion company and Mr. Li held stock worth more than $900 million. But not everyone cheered. Many analysts said that by almost every measure Baidu’s stock was ridiculously over-valued. It eventually tumbled to …
Baidu Inc. (NASDAQ: BIDU) was reiterated as Outperform and the ... was downgraded to Equal Weight from …
BlackBerry Ltd. began 2018 with a bang after it announced a self-driving software deal with a Chinese internet search giant, boosting its stock to its highest level in nearly five years. The Waterloo, Ont. software company will work with Baidu
The company's stock shot almost 13 per cent to close at $16.95 on the Toronto Stock Exchange. The Apollo system is a key part of Baidu's plans for developing driverless cars with Chinese automobile makers such as Chery Automobile, …
CBC20d
New Delhi: Leading Chinese language Internet search provider Baidu Inc.’s shares fell 8% on Monday as its second-quarter earnings missed expectation even as renewed turmoil hit China’s domestic stock markets. Selling pressure …