Tag: Baidu

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Investments in Mobile Weighed on First-Quarter Margins for Baidu; Shares Undervalued

Chinese search engine Baidu BIDU posted a 40% increase in first-quarter revenue that met our expectations, although margins came under pressure due to aggressive investments in mobile Internet. We believe these strategic investments behind product innovation, engineering talents, network infrastructure, and marketing campaigns are critical to fortifying Baidu’s competitiveness in the fastgrowing mobile Internet space over the longer term. We applaud management’s decision to accelerate … Continue reading Investments in Mobile Weighed on First-Quarter Margins for Baidu; Shares Undervalued

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Finance

Morning Buzz : The Boeing (NYSE:BA), Baidu (NASDAQ:BIDU), Progressive Waste Solutions (NYSE:BIN), Extra Space Storage (NYSE:EXR), Sypris Solutions (NASDAQ:SYPR)

The Boeing Company (NYSE:BA) is planning to build its longest version of the much-hyped 787 Dreamliner exclusively in North Charleston, SC. Scheduled for delivery in 2018, the 787-10 will be the first Boeing jetliner to be built exclusively in South Carolina. The two earlier versions of the 787 family – the 787-8 and 787-9 – will continue to be assembled in both Everett and North … Continue reading Morning Buzz : The Boeing (NYSE:BA), Baidu (NASDAQ:BIDU), Progressive Waste Solutions (NYSE:BIN), Extra Space Storage (NYSE:EXR), Sypris Solutions (NASDAQ:SYPR)

Mark DeFrance