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Baidu, Inc. (BIDU)

  • Mar. 2, 2012, 9:13 AM
    Sina (SINA) +3.7% premarket after popular China search engine Baidu (BIDU) says it will begin to display real-time links to tweets on Sina-run microblogs. Baidu boasts ~80% of the China search market, and Sina's Weibo has ~65% of the microblogging market. Baidu users also will be able to search for posts on microblogs of (SOHU), (NTES) and Tencent.
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  • Feb. 22, 2012, 9:42 AM
    Looking to target a growing middle class that's spending an enormous amount of time online, Chinese online retailers are ramping their ad spending. Perhaps 60%-70% of their ad dollars will go to search engines, claims consulting firm iResearch, and most of that sum is likely to go to Baidu (BIDU), which has an estimated 77% share of the Chinese search market. (BIDU Q4)
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  • Feb. 17, 2012, 11:17 AM
    Baidu (BIDU -4.4%), which sports a trailing P/E of 46, is selling off after the in-line guidance that accompanied its Q4 beat failed to impress. Morgan Stanley (Equal Weight), noting the slowdown in Baidu's customer adds, is concerned the macro issues faced by Chinese SMEs will slow down the company's growth. But Collins Stewart, Jefferies, and other are still bullish on account of Baidu's long-term growth potential. (transcript)
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  • Feb. 16, 2012, 4:58 PM
    More on Baidu's Q4: The company expects Q1 revenue of $666.5M-$688M, in-line with a consensus of $678.5M. Traffic acquisition costs made up 7.9% of revenue, down slightly Q/Q. Baidu's ad customer base rose just 2.3% Q/Q and 12.7% Y/Y to 311K. However, its revenue per customer rose 5.1% Q/Q and 61.8% Y/Y. Operating expense growth, while high, trailed revenue growth. BIDU +3.7% AH. (PR)
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  • Feb. 16, 2012, 4:46 PM (BIDU): Q4 EPS of $0.93 beats by $0.04. Revenue of $711M (+82.5% Y/Y) beats by $11M. Shares +0.6% AH. (PR)
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  • Feb. 16, 2012, 12:10 AM
    Notable earnings after Thursday's close: AMAT, ARUN, BIDU, BKD, BMRN, CLD, DDR, DVA, EOG, FTR, JWN, KEG, MDRX, OIS, PRAA, QLIK, ROVI
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  • Feb. 15, 2012, 5:35 PM
    Notable earnings after Thursday's close: AMAT, ARUN, BIDU, BKD, BMRN, CLD, DDR, DVA, EOG, FTR, JWN, KEG, MDRX, OIS, PRAA, QLIK, ROVI
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  • Feb. 14, 2012, 12:02 PM
    Heading into Baidu's (BIDU) Thursday Q4 report, Deutsche thinks the Chinese search giant could beat estimates thanks to its potential to grow ad sales to small businesses, and the broader shift towards targeted online advertising. However, Goldman is concerned about the tough competition Baidu faces in mobile search - an increasingly important issue as Chinese smartphone adoption takes off. (Brean Murray)
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  • Feb. 13, 2012, 12:41 PM
    Baidu (BIDU +1.7%) shares move up after Brean Murray reiterates its Buy rating and raises its price target to $200 from $185, believing the company likely will beat estimates when it reports Q4 results this Thursday. While some areas of advertising have struggled and may continue to do so given China’s slowing economy, the firm sees a lift from continued growth in consumer buying.
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  • Feb. 6, 2012, 2:41 PM
    Disappointing guidance (I, II) from (SOHU -14.5%) and majority-owned online game developer (CYOU -12%) takes a toll on some recently high-flying Chinese Internet stocks. SINA -5.9%. BIDU -2%. RENN -4.4%. Bucking the trend, interestingly, is gaming concern Perfect World (PWRD +6.2%), perhaps out of a belief that Sohu/Changyou's loss is Perfect World's gain.
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  • Jan. 30, 2012, 12:10 AM
    Notable earnings after Monday's close: BIDU, HOLX, IDTI, MCK, SLG
  • Jan. 27, 2012, 4:05 PM
    LinkedIn (LNKD +5.9%), Groupon (GRPN +2.6%), Baidu (BIDU +6%), and Weibo owner Sina (SINA +12.1%) have also received a lift (previously) from Facebook's reported IPO plans. So has Google (GOOG +2.1%), perhaps out of a belief that Facebook's high IPO valuation (rumored financial data suggests a trailing P/E in the 70-90 range) would make the search giant look cheap by comparison.
  • Jan. 17, 2012, 9:25 AM
    Premarket gainers: VQ +50%. CNVO +48%. DNN +17%. PVX +15%. TSLA +15%. ISTA +11%. EK +10%. ING +8%. AEG +8%. FRO +8%. AVL +7%. QCOR +7%. BRD +6%. NBG +6%. RBS +6%. NOK +6%. TTM +5%. JASO +5%. MTL +4%. BHP +4%. SINA +4%. RIO +4%. ASML +4%. HMA +4%. WFR +4%. GMCR +3%. TSL +3%. HL +3%. AVNR +3%. HMY +3%. NDCO +3%. CLWR +3%. BIDU +3%. TOT +3%. BSBR +3%. BUD +3%. FCX +3%. CS +3%.
    Losers: CUK -16%. CCL -15%. KGC -8%. RCL -7%. C -5%. MTG -5%.
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  • Jan. 11, 2012, 9:42 AM
    China had a whopping 505M Internet users as of the end of November, claims a government agency. However, this still only represents a penetration rate of 37.7%. The number of users on microblogging platforms such as SINA's Weibo) is said to have passed 300M. In October, Barclays noted Chinese Internet users spend far more of their leisure time browsing the web than they do watching TV. (also)
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  • Dec. 28, 2011, 3:58 PM
    In spite of their high valuations, T. Rowe Price fund manager Kennard Allen is bullish on Chinese Internet stalwarts BIDU and SINA, given that China's still-low Internet penetration rate of 36% leaves plenty of room for growth. On the flip side, Allen isn't a fan of IT services firms such as ACN and CTSH, citing the potential for cloud services to automate labor-intensive technology processes. (earlier)
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  • Dec. 6, 2011, 7:45 AM
    18 months after Google (GOOG) shut down its Chinese search engine on censorship grounds, the company still generates $600M in quarterly ad revenue from the country, according to iResearch. That figure, likely driven by the ad spending of Chinese firms on other Google sites, and AdSense deals with 3rd-party sites, trails only the ad revenue of Baidu (BIDU) and Alibaba-owned Taobao among Chinese web properties.
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Company Description
Baidu Inc is a Chinese language Internet search provider. The Company offers a Chinese-language search platform on its website