While Baidu closes lower following a Barclays downgrade, Qihoo (QIHU +2.6%) has made new highs...
While Baidu closes lower following a Barclays downgrade, Qihoo (QIHU +2.6%) has made new highs again with the help of a bullish note from Maxim Group. The firm says its checks indicate Qihoo has begun selling search ads, and may have also signed a rumored ad deal with Google. Maxim sees Google contributing to Q1 revenue, and expects Qihoo's split from the deal to be higher than the 33% it received for redirecting traffic to Google search from its browser.
From other sites
Qihoo 360 Technology : Xueda Education Group : Announces Updates on its Joint-Venture with Qihoo 360at 4-traders.com (Mar 25, 2015)
at MarketRealist.com (Mar 24, 2015)
at Zacks.com (Mar 11, 2015)
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