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Baidu, Inc. (BIDU)

- NASDAQ
  • 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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  • Dec. 5, 2011, 9:26 AM
    Zenith Optimedia now expects global ad sales to grow just 4.7% in 2012, down from a prior forecast of 5.3%. Stronger growth is expected from China and other emerging markets, and from online advertising - the latter is expected to account for 21.2% of total ad revenues in 2014, up from 15.9% in 2011. Google (GOOG) remains the online market's colossus, taking in an estimated 44.1% of its 2010 revenues.
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  • Dec. 1, 2011, 8:28 AM
    Baidu (BIDU) has spun off its Youa e-commerce site, which has subsequently received "tens of millions" of dollars in VC funding. The spinoff is further evidence of the challenges faced by Baidu as it tries to expand beyond its core search business; Youa has struggled to deal with strong competition from Jingdong Mall and Alibaba's (ALBCF.PK) Taobao.
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  • Nov. 21, 2011, 9:00 AM
    Premarket gainers: GEDU +96%. VRUS +86%. INHX +30%. CLDX +8%. CTIC +6%. CLWR +6%. DNDN +6%. CBE +5%.
    Losers: GERN -7%. KYG -6%. GILD -6%. RIO -5%. FRO -5%. RDN -4%. LNKD -4%. MT -4%. AIXG -3%. INVN -3%. GMCR -3%. CIM -3%. RIMM -3%. ANR -3%. BCS -3%. JEF -3%. AKS -3%. MPEL -3%. MU -3%. RMBS -3%. BHP -3%. DB -3%. TM -3%. NOK -3%. IHG -3%. BIDU -3%. PCX -3%. VALE -3%.
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  • Nov. 17, 2011, 11:37 AM
    Chinese Internet stocks are selling off, as Youku.com's (YOKU -19%) weak Q3 report (I, II) offsets better reports (I, II) from NetEase.com (NTES +5%) and Qihoo 360 (QIHU +0.2%). BIDU -3.1%. SINA -3.3%. RENN -3.5%. TUDO -5.4%. SOHU -2.2%. PWRD -5%. GA -2.2%.
    | 1 Comment
  • Nov. 4, 2011, 7:51 AM
    Just as Twitter's ability to act as a real-time information source has made it a thorn in Google's (GOOG) side, Sina's (SINA) Weibo microblogging platform is playing the same role for Baidu (BIDU). The latter is rolling out a Chinese microblog search service, but Sina's unwillingness to join in will limit its usefulness. A Google-Twitter search deal lapsed in July.
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  • Oct. 28, 2011, 3:27 PM
    One might expect Baidu (BIDU +4.3%) to be the top-performing Chinese Internet stock today following its Q3 report (I, II), but Renren (RENN +14.8%), Youku (YOKU +12.3%), and DangDang (DANG +17.5%) are posting much bigger gains. The reason? It could have something to do with these firms possessing short ratios 3-9x as large as Baidu's.
    | 1 Comment
  • Oct. 28, 2011, 9:05 AM
    Premarket gainers: CLWR +10%. AMD +10%. GT +10%. CX +8%. BIDU +7%. BRCD +5%. CLF +4%. TEX +4%. LVS +4%. TTM +3%. NMR +3%. AEZS +3%. JASO +3%. MRK +3%.
    Losers: MF -27%. WHR -11%. CSTR -8%. ING -7%. RBS -7%. MT -5%. OAS -4%. FRO -4%. ERTS -4%. BCS -4%.
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  • Oct. 28, 2011, 8:21 AM
    Baidu (BIDU) is up 8% thanks to its strong Q3 results and Q4 guidance. Baidu attributes its performance to higher spending from major advertising customers; a September home-page revamp could also be helping. Other Chinese Internet stocks are rising in sympathy. SINA +3.2%. SOHU +3.6%. RENN +4.9%.
    | 1 Comment
  • Oct. 27, 2011, 4:48 PM
    More on Baidu's Q3: Advertising customers hit 304K, +12% Y/Y and +2% Q/Q. Revenue per customer +65% Y/Y and +19% Q/Q. Traffic acquisition costs (i.e. payments to partner sites) were 8% of revenue, down from 8.9% in year-ago period. Company expects Q4 revenue of $691M-$711M, well above $647M consensus. BIDU +9% AH. (PR)
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  • Oct. 27, 2011, 4:37 PM
    Baidu.com (BIDU): Q3 EPS of $0.86 beats by $0.03. Revenue of $655M (+85% Y/Y) beats by $36M. Shares +10.1% AH. (PR)
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  • Oct. 27, 2011, 11:13 AM
    Nomura plans to launch two mutual funds tomorrow that track social networking sites. Though Mito Securities' Yutaka Yoshii thinks stock prices have already factored in the extra interest the funds may generates in names in the space, he also leaves open the "possibility" the launch could push prices higher. Potential holdings: YNDX, BIDU, SINA, YOKU, RENN, LNKD, SOHU.
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  • Oct. 27, 2011, 8:03 AM
    Google (GOOG) has definitely paid a price for its decision to stop censoring Chinese search results: iResearch estimates Google's share of China's search market has fallen from 29.5% in Q1 '10 to 18.3% in Q3 '11. Baidu's (BIDU) share is believed to have risen over this time from 67.8% to 77.7%.
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  • Oct. 24, 2011, 1:35 PM
    Chinese tech (FXI +5.7%) is among the day's strongest sectors after China's PMI jumps to a five-month high: BIDU +7.5%, SOHU +13.2%, SINA +8.4%, YOKU +8%, QIHU +9%.
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  • Oct. 23, 2011, 7:45 PM
    A report from Digital TV Research predicts global online ad revenues will reach $106.2B in 2016, up 82% from 2010 levels. The report is likely music to Google's (GOOG) ears, but even moreso to Baidu's (BIDU), given its forecast Chinese online ad revenues will nearly triple over this time, to $7.7B.
    | 1 Comment
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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 Baidu.com.