Scalper1 News
(BIDU) on Thursday announced a $1 billion share-buyback plan, three days after the China search leader missed on Q2 earnings and gave weak revenue guidance amid continued heavy spending on its emerging online-to-offline business. Baidu stock was up more than 2% in midday trading in the stock market today, near 174. But Baidu still remains down 26% this year, and analysts expect further low earnings growth as Baidu spends heavily to bolster its Scalper1 News
Scalper1 News