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Samsung Securities Maintains Buy Rating, $180 PT on Baidu
Monday, July 11, 2011 - 7:33am | 142Read More...Samsung Securities is maintaining its Buy rating and $180 PT on shares of Baidu, Inc. (NASDAQ: BIDU). “Baidu announced on Jul 8 a major company reorganization which included the formation of four business functions—sales, commercial operations, user products and technologies, and commercial...
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Baidu Set To Report Earnings
Monday, April 18, 2011 - 9:25am | 202Read More...Baidu (NASDAQ: BIDU), the “Google of China”, will be reporting earnings on April 25th. The earnings release will be highly anticipated in the investment community after Google (NASDAQ: GOOG) reported an earnings disappointment on Thursday evening. It seems like the momentum in Chinese internet...
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Goldman Sachs Comments On Facebook China Reports
Tuesday, April 12, 2011 - 8:19am | 129Read More...According to Goldman Sachs, Bloomberg has reported (citing Sohu news, April 11) that Baidu has signed an agreement with Facebook to set up a social networking site in China. “Neither Baidu nor Facebook commented on the news report, and Reuters cited an unnamed source as saying a deal had not been...
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Lekutian Breeds New Opportunities For Baidu
Tuesday, October 19, 2010 - 7:41am | 122Read More...This morning, Rakuten and Baidu, Inc. (NASDAQ: BIDU) jointly announced that its B2B2C ecommerce platform, “Lekutian,” is going live on October 19, 2010. “While the revenues ramp on the JV and earnings contribution to Baidu will be minimal near-term, we view the launch of Lekutian as a positive...
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Goldman Sachs' Global Internet Notables Summary
Tuesday, October 12, 2010 - 7:52am | 253Read More...Goldman Sachs has published a research report on Global Internet Notables for the week of October 11, 2010. In the report, Goldman Sachs writes "For the week ending Monday, October 11, 2010, the market-weighted Internet average increased 1.7% week over week, underperforming the NASDAQ, up 2.5%, and...
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Microsoft Aims For Chinese Market In Search Engines, Games (MSFT)
Wednesday, September 1, 2010 - 9:53am | 231Read More...Microsoft (NASDAQ: MSFT) is looking to make inroads into China with their Xbox 360 home console and Bing search engine, said Microsoft Chief Executive of the Greater China region, Simon Leung. Leung concedes that there are problems regarding piracy to overcome in China, and that Bing has yet to...
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Google (GOOG) Redirects Traffic Away From China-Based Site
Monday, March 22, 2010 - 4:07pm | 176Read More...Internet search giant Google Inc. (Nasdaq: GOOG) has begun automatically redirecting internet surfers away from China-based google.cn to Hong Kong-based google.com.hk. Google has not provided an explanation or made any announcements regarding the redirect issue but there can be little doubt that it...
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Baidu (BIDU) Forecast Exceeds Analysts' Projections
Wednesday, February 10, 2010 - 12:48am | 175Read More...After reporting a 4th quarter earnings increase of 48%, the Chinese Internet company Baidu, Inc. (Nasdaq: BIDU) surprised analysts with its forecast for 1st quarter revenue. Baidu, Inc. said it expects revenue of $176 million to $181 million in the 1st quarter. A poll of analysts by Thomson Reuters...
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Goldman Sachs (GS) Raises Baidu (BIDU) Target Price, Shares Jump
Wednesday, February 3, 2010 - 7:59pm | 189Read More...Shares of Chinese internet search leader Baidu, Inc. (Nasdaq: BIDU) jumped more than 5% today as the company was the recipient of good news on a number of fronts. Goldman Sachs (NYSE: GS) analyst James Mitchell raised his price target for Baidu, Inc. from $500 to $550, while maintaining his Buy...
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Chinese Tech ETFs Rise (CQQQ) (CHIB) (BIDU) (SNDA)
Wednesday, February 3, 2010 - 7:34pm | 96Read More...Chinese tech stocks performed well on Wednesday, pushing Chinese technology exchange traded funds up with them. Both the Claymore China Technology ETF (NYSE: CQQQ) and the Global X China Technology ETF (NYSE: CHIB) were up nearly 1% for the day. Leading the rise in Chinese tech shares was Chinese...
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Baidu Enters To Launch Online Video Venture
Wednesday, January 6, 2010 - 2:23pm | 136Read More...Baidu, better known as China’s Google, is all set to enter the online video segment. According to Techcrunch, the Internet search giant has announced that it will set up an independent company to work with content providers for broadcasting copyrighted contents to internet users. The new venture...




