ADVFN - Advanced Financial Network.
HOME» NASDAQ » B » BIDU Stock Price » BIDU Stock News

Baidu Share News

 Baidu - Ads (mm) Stock Price
BIDU Stock Price
 Baidu - Ads (mm) Stock Chart
BIDU Stock Chart
 Baidu - Ads (mm) Stock News
BIDU Stock News
 Baidu - Ads (mm) Company Information
BIDU Company Information
 Baidu - Ads (mm) Stock Trades
BIDU Stock Trades

ADR Report:Shares Up On Hopes Greece Will Survive Confidence Vote

By Matt Jarzemsky Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- International companies trading in New York closed higher Tuesday, in line with the broader market, as shares were buoyed by hopes that Greece's government will survive a crucial confidence. The Bank of New York index of ADRs ended up 1.8% at 139.50. European bank shares ended higher amid expectations surrounding the Greek vote, anticipated around midnight Athens time. Prime Minister George Papandreou faces a parliamentary vote of confidence, which he must successfully negotiate before trying to push through a new package of austerity measures. France's Societe Generale SA (SCGLY, GLE.FR) finished 4.5% higher at $11.54. Deutsche Bank AG (DB, DBK.XE) rose 3.5% to $59.40. National Bank of Greece SA (NBG, ETE.AT) rose 5.3% to $1.40. Fitch Ratings said Tuesday a restructuring or rollover of Greece's debt won't automatically trigger a default by the country's major banks, as any ratings actions will depend on the impact of such an occurrence on the liquidity of the Greek banking system. The European index rose 2% to 129.68. Cruise-line operator Carnival Corp.'s (CUK, CCL.LN) shares rose 4.2% to $37.87 after it said its fiscal second-quarter earnings fell a less-than-expected 18%. Swiss agrochemicals giant Syngenta AG's (SYT, SYNN.VX) shares climbed 4.2% to $66.57 after it said soaring demand for seeds and pesticides should help it more than double revenue generated from its main seed and crop protection products in the next few years. BP PLC (BP, BP.LN) rose 3.7% to $43.40 after its chairman said he thinks permission to restart oil production in the Gulf of Mexico is not too far away. The Latin American index increased 1% to 395.23. Telefonos de Mexico (TMX, TELMEX.MX) rose 2% to $16.31 after S&P Equity Research raised its stock-investment rating on the shares to hold from sell, citing valuation following the stock's decline since the end of April. The firm now sees the shares "fairly valued and supported by a dividend," as its price-to-earnings ratio represents a discount to its peers. Brazilian state-run electricity company Centrais Electricas Brasileiras SA (EBR, ELET6.BR) finished 1.4% higher at $13.25 after it reported its first-quarter profit rose amid higher revenue. The Asian index rose 1.8% to 133.57. Chinese Internet search provider Baidu Inc.'s (BIDU, K3SD.SG) shares rose 8% to $127.71 after it said China Real Estate Information Corp. (CRIC) will pay it CNY180 million over three years under an expanded strategic agreement. Ambow Education Holding Ltd. (AMBO) climbed 5.8% to $5.82 after a Signal Hill analyst said U.S.-listed companies present a buying opportunity for education providers. The analyst said Ambow's stock has been pressured by wariness of Chinese small- and mid-caps. The emerging markets index gained 1.8% to 326.07. South Korean steelmaker Posco (PKX, 005490.SE) rose 5.6% to $102.41 after an official said the acquisition of land for a steel plant was delayed only temporarily by heavy rain as well as protests by villagers opposed to the factory being set up in the area. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240;

Stock News for Baidu (BIDU)
11/23/201514:00:03Better Buy Now: Baidu Inc or Qihoo 360 Inc?
11/19/ International, Ltd. (ADR): Growth Remains Impressive
11/19/201512:05:51This Just In: Upgrades and Downgrades
11/19/201509:07:023 Reasons Baidu Wants to Be a Banker
11/17/201519:56:00China Citic Bank Board Approves Setting up of Direct Bank With...
11/17/201517:59:00ADRs End Mostly Lower; JA Solar Falls
11/16/201515:30:08How Does Baidu Inc (ADR) Work?
11/12/201520:00:17Why Baidu Inc Stock Soared 36% in October
11/12/201514:09:02Baidu Can't Seem to Stay Above $200
11/03/201510:00:21Baidu Has a Lot to Prove in November
11/02/ Inc. Earnings: Search Leads the Way, Again
10/31/201514:20:02Baidu Inc. Earnings: Sales Surge, but Heavy Spending Dents Profits
10/30/201517:46:20Why Baidu, Inc. Stock Popped Friday
10/30/201507:17:01Report of Foreign Issuer (6-k)
10/30/201502:51:04Baidu (BIDU) Robin Li on Q3 2015 Results - Earnings Call Transcript
10/29/201519:55:00Baidu (BIDU) Q3 2015 Results - Earnings Call Webcast
10/29/201519:26:30Baidu back above $180 following EPS beat; guidance light
10/29/201518:38:00Baidu Announces Third Quarter 2015 Results
10/28/201523:21:58Baidu Earnings Preview: Expect Ongoing Reinvention
10/28/201508:11:00Report of Foreign Issuer (6-k)

Baidu and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations