Baidu Inc unveiled better-than-anticipated fourth quarter results, as China’s long-dominant Internet search firm’s investments in mobile begin to yield results and attract advertising. Resonating the performance, Baidu’s shares surged by as much as 14% in U.S. after-hours trade. Its shares were up 9.37% at $172.95 in New York at the time of writing.
Baidu Inc Shares Surge As Results Beat Estimates
Mani
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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

