By any measure, Baidu (BIDU), the Chinese search engine company had a spectacular quarter. For the three months that ended December 31,the firm earned 219.8 million yuan ($30.1 million), or 6.32 yuan…
According to Reuters, Yahoo! (YHOO) is in talks with News Corp (NWS) about an M&A deal but analysts say it is unlikely to work. Reuters writes that Paulson thinks the US economy…
Chinese internet search leader Baidu.com, Inc. (NASDAQ: BIDU) has posted earnings and it showed in $0.92 non-GAAP EPS on $78.3 million in revenues. The estimates from First Call for the Chinese search…
Douglas A. McIntyre After today’s close we’ll get to see earnings out of Chinese internet search leader Baidu.com, Inc. (NASDAQ: BIDU). The estimates from First Call are $0.71 EPS on $77.1 million in revenues. Last…
Douglas A. McIntyre On Wednesday afternoon, we’ll get to see earnings out of Baidu.com, Inc. (NASDAQ: BIDU). The estimates from First Call for the Chinese internet search engine were $0.71 EPS on $76.83 million in…
No one in his right mind would be happy about the slide in Google’s (NASD: GOOG) shares this year. They are now off 27% on an earnings report that Wall St. did…
According to Reuters, BHP BIlliton (NYSE: BHP) raised its bid for Rio Tinto (NYSE: RTP). Reuters writes that Microsoft (NASD: MSFT) may raise its bid for Yahoo! (NASD: YHOO). Reuters reports that…
On Monday evening, we’ll get to see earnings out of Sohu.com Inc. (NASDAQ: SOHU). The estimates from First Call for the Chinese online search and advertising company $55.42 million in revenues. Estimates…
We are full fledged into earnings season now, so most news coverage will point to the current earnings environment and guidance. There are of course drug developments and other contracts awards. Below…
China is admitting a recession in the US would be a significant enough drag to badly damage its exports and undermine its GDP growth. "If U.S. consumption really comes down, that’s bad…
Douglas A. McIntyre 2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
According to Reuters, Berkshire Hathaway (BRK) has bought control of Marmon Industries for $4.5 billion. Reuters writes that US retail sales were up a disappointing 3.6% for the holidays. Reuters reports that…
It actually is not very unusual for a stock to lose half its value, especially if it is in the right sector. Shares in Countrywide Financial (CFC) are down over 75% in…
On tonight’s MAD MONEY on CNBC, Jim Cramer was discussing an opportunity he sees in Argentina-based Mercadolibre, Inc. (NASDAQ:MELI). Cramer likes the model. It hosts an online trading platform in Latin America…
Google (GOOG) is still trying to break the hold that Baidu (BIDU), the Chinese search engine has on its local market. The US company is not having much success. The Chinese government…