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Baidu, Inc. (BIDU)

- NASDAQ
  • Aug. 18, 2011, 11:51 AM
    Chinese real estate servicer E-House (EJ +2.8%) records a slight miss on its Q2 EPS, but beats on revenues, with a 57% jump in Y/Y profit despite a slowdown in the Chinese real estate market. Online sales soared 116% through channel market growth and its expanded agreement with Baidu (BIDU -5%).
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  • Aug. 18, 2011, 9:00 AM
    Premarket gainers: CNX +10%.
    Losers: GENT -20%. NTAP -14%. JASO -12%. MGM -11%. PLCE -7%. BCS -8%. CBOU -7%. LYG -7%. IVR -7%. EMC -6%. SD -6%. MPEL -5%. UBS -5%. ALU -5%. TTM -5%. CS -5%. ING -5%. IRE -5%. AVB -5%. JDSU -5%. DRYS -5%. DNDN -5%. BAC -5%. HBC -5%. YOKU -5%. PHG -4%. MT -4%. C -4%. SDRL -4%. BIDU -4%. NFLX -4%. MU -4%. DB -4%. RENN -4%. LVS -4%. BHP -4%. LVLT -4%. TS -4%.
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  • Aug. 17, 2011, 9:04 AM
    China's state-owned CCTV is continuing its attack on Baidu (BIDU), now accusing the search giant of tolerating "slanderous" posts on its message boards. CCTV has also set up a site primarily focused on criticizing Baidu's behavior. Speculation is growing over the possibility the attacks reflect broader government anger towards Baidu. (previously)
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  • Aug. 16, 2011, 2:05 PM
    Chinese video site Youku.com (YOKU -11.3%), which fell last week following Q2 results, is nosediving today in advance of rival Tudou's IPO. Tudou, which is looking to raise as much as $180M and reportedly received a buyout offer from Baidu (BIDU), was forced to discount its offering price following the market's recent decline.
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  • Aug. 16, 2011, 12:36 PM
    Baidu (BIDU) falls 5.9% after China's state TV accuses the firm of both failing to confirm advertiser credentials  - causing fake medicine ads to fool consumers - and running a rigged advertising bid process. Even before the negative report, S&P Equity cut its rating on shares to Buy from Strong Buy.
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  • Aug. 12, 2011, 8:24 AM
    A Chinese government agency estimates there were 485M Internet users in the country at the end of June, up 6.1% from the beginning of 2011. While impressive, this figure only translates into a penetration rate of 36.2%, suggesting there are still a lot of viewers for the likes of BIDU, SINA, SOHU, NTES, and YOKU to pick up.
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  • Aug. 9, 2011, 12:26 PM
    Baidu (BIDU +8.4%) opts to give up on its microblogging service after Twitter-clone rivals Sina (SINA +9.8%) and Tencent (TCEHY.PK) gain market share. An exec says the search firm will continue to explore new social networking ventures. Shares of all 3 firms follow Chinese tech stocks higher.
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  • Jul. 26, 2011, 3:38 PM
    Jeffries is reiterating a Buy rating and $200 PT for Baidu (BIDU +5.1%) following its Q2 results, arguing the company's Phoenix Nest technology is driving paid click growth. However, Morgan Stanley is reiterating an Equal Weight rating, citing concerns about rising bandwidth costs and expenses related to new ventures. (PR) (transcript)
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  • Jul. 26, 2011, 11:06 AM
    Following in the footsteps of Baidu (BIDU) and Alibaba (ALBCF.PK), Mozilla plans to develop its own mobile OS, featuring apps that run primarily on the web. In addition to the intense competition Mozilla's OS will face from Apple (AAPL), Google (GOOG), and Microsoft (MSFT), it's likely to face skepticism from those who frequently use apps while offline.
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  • Jul. 26, 2011, 9:00 AM
    Premarket gainers: SONE +29%. APP +23%. RSH +19%. GRA +9%. SVU +8%. BRCM +9%. CIGX +8%. WFT +8%. BIDU +6%. CMI +6%. COV +5%. RENN +4%. YOKU +3%. GSK +3%.
    Losers: LII -11%. VDSI -9%. EK -9%. STM -9%. NFLX -8%. FNDT -7%. WAT -7%. AKS -6%. QGEN -3%. NVDA -3%. MMM -3%.
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  • Jul. 25, 2011, 5:07 PM
    More on Baidu's (BIDU) Q2: Q3 revenue expected to be $611.1M-$626.6M, ahead of $567.9M consensus. Company claims 298K active advertising customers in Q2, up 17.3% Y/Y. Revenue per customer of $1,779, +53.3% Y/Y. Traffic acquisition costs decline to 7.9% of revenue from 9.7% in Q2 2010. BIDU +5.7% AH. (PR)
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  • Jul. 25, 2011, 4:38 PM
    Baidu (BIDU): Q2 EPS of $0.72 beats by $0.06. Revenue of $528M (+78.4% Y/Y) beats by $25M. Shares +6.5% AH. (PR)
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  • Jul. 25, 2011, 12:10 AM
    Notable earnings after Monday's close: APC, BIDU, BRCM, BXS, CNI, DRH, FNF, FTI, HLX, JEC, LPS, MAS, NFLX, NUVA, QGEN, RRC, STM, TXN, VECO
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  • Jul. 19, 2011, 8:43 AM
    Baidu (BIDU) announces it's launching a music service in partnership with Universal Music (V), Warner Music (WMG), and Sony Music (SNE). The deal, which requires Baidu to compensate its partners for the use of their content, represents a breakthrough given how Baidu has long been accused of turning a blind eye to piracy. (PR)
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  • Jul. 18, 2011, 2:40 PM
    Taking a page from Google Chrome (GOOG), Baidu (BIDU) is introducing a new version of its web browser which the company claims can run 30,000 web apps. With Microsoft's (MSFT) dominant position in the Chinese browser market beginning to fray, Baidu hopes the browser can drive traffic for its search engine and other web services.
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  • Jul. 15, 2011, 10:53 AM
    China Unicom (CHU) hopes to profit from China's booming smartphone market by releasing phones using its Linux-based WoPhone platform. This follows plans by Alibaba (ALBCF.PK) and Baidu (BIDU) to develop their own mobile platforms. But given the headway already made in China by the iPhone and Android, these platforms have their work cut out for them.
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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.