PC Monetization

Shares of Baidu Inc (NASDAQ: BIDU) were lower on Wednesday following market chatter that the firm is expected to report a slow quarter. A Baidu spokesperson declined to comment on the rumor of a weak quarter. At least one analyst's recent research report supported the rumor of a weak quarter,...

George Askew of Stifel on Thursday downgraded shares of Baidu Inc (ADR) (NASDAQ: BIDU) from Buy to Hold and removied a previous $250 price target. Askew also removed the company from the "Stifel Select List" following the company's fourth quarter results on Wednesday. Askew noted that Baidu's...