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Baidu, Inc. (BIDU)

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  • Mar. 14, 2012, 2:41 PM
    Tencent (TCEHY.PK), owner of China's extremely popular QQ instant messaging platform, says it plans to make new acquisitions to lessen its dependence on the online gaming market, where it has a leading share. Many expect the pace of M&A activity among Chinese Internet names to pick up following (YOKU) and Tudou's (TUDO) merger.
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  • Mar. 12, 2012, 4:22 PM
    With a 36% share of the Chinese online video market, (YOKU +27.4%) and Tudou (TUDO +156.5%) will tower over #2 (SOHU) and #3 Baidu (BIDU) following their merger, notes Jiang Zhang. Moreover, the tie-up will help the combined company address rising bandwidth and content costs, and allow Youku to enter the Chinese mobile video market. Zhang speculates smaller players such as Ku6 (KUTV +11.9%) could now be acquisition targets for Sohu or Baidu.
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  • Mar. 12, 2012, 11:21 AM
    Baidu (BIDU -1.5%) sells off a bit following's (YOKU +13.7%) and Tudou's (TUDO +147%) merger announcement. There could be fears the combined company, which will have a YouTube-like dominance of the Chinese online video market, will thwart Baidu's own online video ambitions.
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  • Mar. 5, 2012, 1:41 PM
    Citron Research target Qihoo 360 (QIHU -2.1%) moves lower after TechNode's Ben Chiang points out Baidu (BIDU) has "stealthily released a multipurpose media player." Chiang considers the product a potential threat to Chinese video aggregation products from Qihoo and (YOKU), thanks to its integration of Baidu's search technology.
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  • 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.
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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