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 its competitors.…
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 its competitors.…
Apple Inc. (NASDAQ: AAPL) is the most valuable company in the world and it is one of the most widely followed companies as well. Investors and traders often hinge on every word…
Several G20 nations have signaled that their central banks will do what is necessary to keep credit markets liquid so that capital is available to keep the global money system from the…
A number of central banks say they will act in concert if the EU financial situation worsens. (Reuters) The UK government and Bank of England could inject as much as 100 billion…
Apple (NASDAQ: AAPL) has taken an important step into what could be its most important market in a few years. It created a partnership with China’s No.1 search company, Baidu (NASDAQ: BIDU) …
China’s Ministry of Commerce told the nation’s official news agency, Xinhua, that the People’s Republic will be the country with the most online retail volume in the world by 2013. U.S. e-commerce companies do…
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 company’s loss…
The president of Greece cannot create a coalition government. (Reuters) Sony (NYSE: SNE) and Panasonic may force a partnership to build OLED TVs. (Reuters) Trouble at Chesapeake Energy (NYSE: CHK) may prompt…
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 ticks in…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Aetna Inc. (NYSE: AET) Reiterated Buy with a target price of $55…
Baidu (NASDAQ: BIDU) always has been a very small company compared to Google (NASDAQ: GOOG), although by some estimates it has 80% of the huge China search market. Baidu met analyst estimates for its…
Baidu, Inc. (NASDAQ: BIDU) closed lower ahead of earnings, and the earnings report that looked nearly acceptable on the surface actually is literally killing the shares of the leading Chinese search engine.…
Earnings season is in full swing and we have many key reports due in the coming week. 24/7 Wall St. has provided some detailed previews for the key earnings reports we expect…
Google (NASDAQ: GOOG) splits its stock in a way that will help its founders keep control, and the company also announces strong earnings. (Reuters) China’s GDP reaches a three-year low. (Reuters) Bank of…
Baidu, Inc. (NASDAQ: BIDU) is among the latest of companies joining in on the cloud storage initiative. The company’s recent initiative at pan.baidu.com is set to ultimately compete against Microsoft Corporation (NASDAQ: MSFT),…