Woes at Chinese Internet Companies Continue
Only one of China’s top Internet companies carries a higher share price today than it did one year ago. And that’s due only to the company’s acquisition by one of ...Read Full Story »
Posts related to ‘NASDAQ: BIDU’
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Chinese Internet Stocks Fall on Dangdang Results
China’s largest B2C e-commerce company, E-Commerce China Dangdang Inc. (NYSE: DANG) reported first quarter results last night that did not stir investors much until they got to the forecast. The ...Read Full Story »
24/7 Wall St. Closing Bell (PM, SNDK, BIDU, AMZN, ALU, ELY, CLWR, DECK, WY, TRP, GT, PG, NWL, MRK, HELE, F, COV, CVX, MDRX, EXPE, WDC)
Markets opened higher this morning following a lower-than-expected GDP growth estimate of 2.2%. That was weaker, but not awful (our coverage here). The consumer sentiment survey rose a couple of ...Read Full Story »
As Broadband Surges in Russia and China, Governments Lose
The number of people with broadband connections in the United States, Korea, Canada and the United Kingdom increased very little last year. Too many people there already have the service for ...Read Full Story »
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