UPDATE: Baidu.com (BIDU) Tops Q3 EPS Views; Issues Light Q4 Revenue Outlook
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Macquarie Downgrades Baidu (BIDU) to Neutral
October 28, 2016 3:31 PM EDTMacquarie earlier downgraded Baidu (NASDAQ: BIDU) from Outperform to Neutral.
For an analyst ratings summary and ratings history on Baidu click here. For more ratings news on Baidu click here.
Shares of Baidu closed at $175.10 yesterday.
... MoreCredit Suisse Downgrades Baidu (BIDU) to Neutral
October 28, 2016 7:28 AM EDTCredit Suisse downgraded Baidu (NASDAQ: BIDU) from Outperform to Neutral with a price target of $173.00 (from $184.00).
For an analyst ratings summary and ratings history on Baidu click here. For more ratings news on Baidu click here.
Shares of Baidu closed at $175.10 yesterday.
... More