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Baidu Inc (BIDU.OQ)

BIDU.OQ on NASDAQ Stock Exchange Global Select Market

108.72USD
20 Aug 2019
Change (% chg)

$4.50 (+4.32%)
Prev Close
$104.22
Open
$112.08
Day's High
$113.40
Day's Low
$108.56
Volume
3,277,207
Avg. Vol
1,466,254
52-wk High
$234.50
52-wk Low
$93.40

Latest Key Developments (Source: Significant Developments)

Baidu And Snap Renew Sales Partnership To Reach Outbound Chinese Advertisers
Monday, 15 Jul 2019 

July 15 (Reuters) - Snap Inc ::BAIDU AND SNAP INC. RENEW SALES PARTNERSHIP TO REACH OUTBOUND CHINESE ADVERTISERS.SNAP INC - AGREEMENT AUTHORIZES BAIDU TO ACT AS SNAP'S REPRESENTATIVE TO ADVERTISERS IN GREATER CHINA, JAPAN AND SOUTH KOREA.  Full Article

Baidu Says Average DAUs Of Baidu App Reached 188 Million In June 2019
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Baidu Inc ::BAIDU INC - AVERAGE DAUS OF BAIDU APP REACHED 188 MILLION IN JUNE 2019.  Full Article

Baidu To Acquire 5.26 Pct Stake In Hand Enterprise Solutions As Strategic Investor
Friday, 1 Mar 2019 

March 1 (Reuters) - Hand Enterprise Solutions <300170.SZ>::SAYS BAIDU TO ACQUIRE 5.26 PERCENT STAKE IN THE COMPANY TO BECOME STRATEGIC INVESTOR.  Full Article

Baidu Announces Fourth Quarter And Fiscal Year 2018 Results
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Baidu Inc ::BAIDU ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2018 RESULTS.SEES Q1 2019 REVENUE UP 12 TO 18 PERCENT.QTRLY TOTAL REVENUES WERE RMB 27.2 BILLION ($3.96 BILLION), INCREASING 22% YEAR OVER YEAR.QTRLY EARNINGS ATTRIBUTABLE TO BAIDU PER ADS WAS RMB 6($0.86).IQIYI ADDED 36.6 MILLION SUBSCRIBERS IN 2018 TO REACH 87.4 MILLION AT YEAR END.QTRLY NON-GAAP DILUTED EARNINGS PER ADS WAS RMB 13($1.92).QTRLY ONLINE MARKETING REVENUES WERE RMB 21.2 BILLION ($3.08 BILLION), INCREASING 10% YEAR OVER YEAR.QTRLY TRAFFIC ACQUISITION COST WAS RMB 3.4 BILLION ($491 MILLION), INCREASING 34% YEAR OVER YEAR.FOR Q1 OF 2019, BAIDU EXPECTS REVENUES TO BE BETWEEN RMB 23.5 BILLION ($3.42 BILLION) AND RMB 24.7 BILLION ($3.60 BILLION).NO REVENUE FROM ANNOUNCED DIVESTURES IS EXPECTED IN Q1 2019.  Full Article

Baidu announces pricing of $250 mln notes offering
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Baidu Inc ::BAIDU ANNOUNCES PRICING OF US$250 MILLION NOTES OFFERING.BAIDU INC - PRICING OF PUBLIC OFFERING OF US$250 MILLION AGGREGATE PRINCIPAL AMOUNT OF NOTES BY A REOPENING OF COMPANY'S EXISTING 4.375% NOTES DUE 2024.BAIDU INC - EXPECTS TO RECEIVE NET PROCEEDS FROM OFFERING OF APPROXIMATELY US$249 MILLION.BAIDU INC - COMPANY INTENDS TO USE NET PROCEEDS FROM OFFERING TO REPAY EXISTING INDEBTEDNESS AND FOR GENERAL CORPORATE PURPOSES.  Full Article

Baidu's IQIYI Video Site Plans Convertible Bond Sale - Bloomberg
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - :BAIDU'S IQIYI VIDEO SITE PLANS CONVERTIBLE BOND SALE - BLOOMBERG, CITING SOURCES.IQIYI INC HAS BEEN DISCUSSING A POTENTIAL FUNDRAISING TARGET OF ABOUT $500 MILLION TO $1 BILLION - BLOOMBERG, CITING SOURCES.  Full Article

Baidu Announces Pricing Of Us$1.0 Billion Notes Offering
Thursday, 8 Nov 2018 

Baidu Inc ::BAIDU ANNOUNCES PRICING OF US$1.0 BILLION NOTES OFFERING.BAIDU INC - PUBLIC OFFERING CONSISTS OF US$600 MILLION OF 4.375% NOTES DUE 2024 AND US$400 MILLION OF 4.875% NOTES DUE 2028.  Full Article

Ford And Baidu Announce Joint Autonomous Vehicle Testing
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Baidu Inc ::FORD AND BAIDU ANNOUNCE JOINT AUTONOMOUS VEHICLE TESTING.FORD MOTOR CO - COS WILL FURTHER ADVANCE DEVELOPMENT AND ON-ROAD TESTING OF AUTONOMOUS VEHICLES IN CHINA.FORD MOTOR - CO, BAIDU HAVE COMPLETED TEST VEHICLE MODIFICATION, WILL EMBARK ON 2-YEAR PROJECT TO JOINTLY TEST SAE LEVEL 4-CAPABLE AUTONOMOUS VEHICLES IN BEIJING.FORD MOTOR CO - BAIDU-FORD L4 AUTONOMOUS VEHICLE ON-ROAD TESTING SLATED TO BEGIN BY THE END OF THIS YEAR.  Full Article

Wabco, Baidu To Collaborate On Autonomous Driving Level 4 For Commercial Vehicles
Wednesday, 19 Sep 2018 

Sept 19 (Reuters) - Baidu Inc ::WABCO AND BAIDU SIGN STRATEGIC AGREEMENT TO COLLABORATE ON SOLUTIONS TO REALIZE AUTONOMOUS DRIVING LEVEL 4 FOR COMMERCIAL VEHICLES.WABCO HOLDINGS INC - WABCO WILL PROVIDE ACCESS TO ITS OWN ADOPT ECOSYSTEM & BAIDU OF APOLLO.WABCO HOLDINGS INC - GOAL IS TO BE ABLE TO COMMERCIALIZE LEVEL 4 HIGHWAY SOLUTIONS OVER NEXT THREE YEARS.  Full Article

Baidu Announces $1 Bln Share Repurchase Program
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Baidu Inc ::BAIDU ANNOUNCES US$1 BILLION SHARE REPURCHASE PROGRAM.BOARD AUTHORIZED SHARE REPURCHASE PROGRAM UNDER WHICH COMPANY MAY REPURCHASE UP TO US$1 BILLION OF ITS SHARES OVER NEXT 12 MONTHS.COMPANY PLANS TO FUND REPURCHASES FROM ITS EXISTING CASH BALANCE.  Full Article

US STOCKS-Futures subdued after strong rebound on stimulus hopes

Aug 20 U.S. stock index futures treaded water on Tuesday as investors paused after a three-day run that was driven by hopes that major economies would act to counter a global economic downturn.