Daily Stocks News » BIDU

Major Movers on July 25; OKE, CROX, FB, DHI, PHM, BIDU

Warren Paige — Thu, 25 Jul 2013 21:19:13 +0000

Tulsa, Oklahoma-based diversified energy company, ONEOK Inc. (NYSE: OKE) today announced that its Board of Directors authorized the management to pursue a plan to separate the company’s natural gas distribution business into a standalone publicly traded company.

Under the proposed plan, OKE shareholders would retain their current shares in the company’s common stock and [...]

Major Movers on July 16; KO, CTAS, MPC, BIDU, BWLD

Warren Paige — Tue, 16 Jul 2013 18:58:28 +0000

Shares of the Coca Cola Company (NYSE: KO) fell about 2.90% in early trade as the soft drink giant disappointed with fiscal second quarter results. Coca Cola posted a net income of $2.68 billion or 59 cents a share compared to a profit of $2.79 billion or 61 cents a share, in the year-earlier quarter.

[...]

Baidu to Acquire China’s App store Developer 91 Wireline for $1.90 Billion (BIDU)

Warren Paige — Tue, 16 Jul 2013 18:56:34 +0000

China’s leading search engine company, Baidu.com Inc. (ADR) (NASDAQ: BIDU) announced on Tuesday that it has entered in a preliminary deal with NetDragon to acquire China’s major app store developer, 91 wireless in deal worth $1.9 billion.

The deal is expected to help Baidu.com to increase its traction in ever-changing and highly competitive mobile [...]

Major Movers on April 26; DHI, AMZN, BIDU, EXPE, FSL, JCP, CSTR

Warren Paige — Fri, 26 Apr 2013 17:55:41 +0000

Shares of D.R. Horton Inc. (NYSE: DHI) rallied about 6.20% by early trade after the homebuilder reported better-than-expected fiscal second quarter results.

For the quarter ended March 31, D.R. Horton posted a net income of $111 million or 32 cents a share compared to a profit of $40.5 million or 13 cents a share, [...]

Major Movers on February 5; POWI, BIDU, CSC

Warren Paige — Tue, 05 Feb 2013 18:01:30 +0000

Shares of Power Integrations Inc. (NASDAQ: POWI), a designer, developer, manufacturer and marketer of high-voltage, analog and mixed-signal integrated-circuit (IC) products and high-voltage silicon diodes, are soaring in trading today after the company reported its fourth-quarter financial results.

For the fourth quarter ended December 31, 2012, POWI reported net revenues of $79.2 million, up [...]

Baidu’s Q4 Revenue Growth outpaced By Expenses, Shares Slump in Afterhours (BIDU)

Warren Paige — Tue, 05 Feb 2013 08:28:45 +0000

Chinese search engine giant, Baidu.com Inc (ADR) (NASDAQ: BIDU) reported late on Monday that fiscal fourth-quarter profit jumped 36% thanks to double-digit revenue growth; nonetheless, shares slumped nearly 6% in aftermarket trading as the Wall Street analysts were unimpressed by rising company’s costs even as doubts linger on whether the Company would be able to [...]

Major Movers on January 7; ES, ILMN, NFLX, CBMX, VVUS, AMZN, NCT, BIDU, NSM, ZNGA

Warren Paige — Mon, 07 Jan 2013 18:35:59 +0000

Shares of EnergySolutions Inc. (NYSE: ES) surged 8.28% to $3.72 after the company announced that it agreed to be acquired by a subsidiary of Energy Capital Partners II, LLC in a deal estimated at $1.1 billion. According to the deal, each shareholder of EnergySolutions will get $3.75 in cash for each share of common stock. [...]

Sina’s CEO Unveils 2013 Strategy Through a Company-Wide Email (SINA)

Warren Paige — Fri, 28 Dec 2012 14:09:29 +0000

Addressing staff through a company-wide email, Charles Chao, Chief Executive of China’s internet-media giant, Sina Corp. (NASDAQ: SINA) charted out company’s strategy for 2013. Chao said that the company’s strategy will revolve around restructuring its business which would allow it to focus on mobile-computing business or “mobile-first” as described by the CEO.

Chao added [...]