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.…
Jon C. Ogg 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),…
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 there to…
Douglas A. McIntyre Chinese social networking company Renren Inc. (NYSE: RENN) reported fourth-quarter and full-year earning this morning with a surprising upside on profits. The company is one of many Internet and social networking firms…
Google (NASDAQ: GOOG) and Apple (NASDAQ: AAPL) are the leaders of the consumer technology sector in the U.S. One dominates search and mobile OS, the other digital content, smartphones and tablet PCs.…
Research firm Gartner has released its fourth-quarter China smartphone market share data. It shows that Apple (NASDAQ: AAPL) has fallen behind. Apple now stands fifth in share at 7.5%, down from 10.4% in the previous…
Foreclosure abuses likely occurred across the U.S. (Reuters) Apple’s (NASDAQ: AAPL) iPhone loses market share in China, based on Gartner data. (Reuters) Improved odds of a Greek bailout lift markets. (Reuters) The…
Thursday is a fairly busy day for earnings expectations. We are expecting the following reports: Advance Auto Parts Inc. (NYSE: AAP); Apache Corporation (NYSE: APA); Applied Materials Inc. (NASDAQ: AMAT); Baidu Inc.…
Baidu, Inc. (NASDAQ: BIDU) has seen quite a bit of stock options trading today, and it was a day in which stock trading was more active than normal as well. We do…
Jon C. Ogg The International Federation of the Phonographic Industry reports that digital music sales rose 8% last year to $5.2 billlion worldwide. The lobbying group was quick to note that the improvement is nearly…
