Baidu's Forecast `a Little Disappointing'

Baidu's Forecast `a Little Disappointing' Play

Feb. 5 (Bloomberg) -- Jin Yoon, an analyst at Nomura Holdings Inc., talks about the business outlook for Baidu Inc., the operator of China’s most popular Internet search engine, and its competitors. Baidu boosted fourth-quarter profit 36 percent because of new services and an economic rebound that has revived advertising spending. Inc., the owner of China’s second-largest online video site, declined the most in more than nine months after its first-quarter profit forecast trailed analysts’ estimates amid rising costs. Yoon speaks in Hong Kong with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

  • On Air Now

    Market Makers Watch Now

  • Next

    Money Clip

blog comments powered by Disqus