Baidu Inc. (ADR) (NASDAQ:BIDU) has formed a partnership to apply for a private banking license, Robin Li, Baidu’s chief executive, said on the sidelines of China’s annual parliament on Mar. 7. “Of the businesses the Internet will topple they naturally include finance,” Li told a group of reporters. “Baidu is now applying for multiple banking…
Wall Street analysts are racing to keep up with Facebook Inc. (NASDAQ:FB)’s stock rally. Shares of the world’s biggest social network have jumped 32 percent so far this year, compared with a 1.6 percent gain for the Standard & Poor’s 500 Index. Facebook Inc (NASDAQ:FB) stock performance was 3.19% in last session and finished the…
Bank of America Corp (NYSE:BAC) CEO Brian Moynihan saw his compensation jump by 77 percent last year as the company’s fortunes improved. Moynihan’s total compensation was $13.1 million, according to an Associated Press calculation based on a filing made by the company on Friday. The bulk of his pay was $11.1 million worth of stock…
There was an executive shuffle, an appearance by former CEO Steve Baller where he conceded he missed the mobile telecom revolution and a blow-by-blow account of Ballmer’s struggle to convince his board to spend $7.2 billion buying the mobile business of Nokia Corporation (ADR) (NYSE:NOK). Nokia Corporation (ADR) (NYSE:NOK) stock performance was 1.66% in last…
Baidu Inc (ADR) (NASDAQ:BIDU) has been reiterated by TheStreet Ratings as a buy with a ratings score of B. Baidu Inc. (ADR) (NASDAQ:BIDU) stock performance was -0.69% in last session and finished the day at $169.75. Traded volume was 0.00 shares in the last session and the average volume of the stock remained 4.42 million…
AT&T Inc. (NYSE:T) invests nearly $2 Billion over three-year period to enhance local networks in New Jersey. AT&T Inc. (NYSE:T) stock performance was -0.93% in last session and finished the day at $31.93. Traded volume was 7,740.00 shares in the last session and the average volume of the stock remained 32.14 million shares. The beta…
