For the quarter, Baidu (ticker: BIDU) reported revenue of $ 3.69 billion, down about 1% from a year ago, and in line with the consensus of Wall Street analysts at $ 3.7 billion. Non-GAAP earnings were $ 2.08 per share, good for the Street Consensus at $ 1.38. Baidu said …
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Shares of Bank of America Corp. BAC, -1.42% hit 1.42% to $ 26.35 on Thursday, proving to be a very fierce trading session for the stock, with the S&P 500 Index SPX, -0.20% fell 0.20% to 3,373.43 and Dow Jones Industrial Average DJIA, -0.28% falling 0.29% to 27,896.72. This was …
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Cisco Systems Inc. shares recorded their worst one-day drop in nearly a decade Thursday, following the network giant’s decision to circle the wagons in the form of cost cuts, as the company suffers from increasingly selective business expenses during the COVID-19 pandemic. Cisco CSCO, -11.18% shares, which fell as much …
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Published: August 12, 2020, 4:25 PM ET Company Logo Terrence Horan Shares of Tesla Inc. TSLA jumped 13.12% to $ 1,554.76 on Wednesday, proving to be a very positive trading position for the stock market, with the NASDAQ Composite Index COMP rising 2.13% to 11,012.24 and the Dow Jones industrial …
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Off-price retailer Stein Mart Inc. announced bankruptcy on Tuesday amid rising off-price pressures, a retail category that grew for COVID-19. To be sure, Stein Mart SMRT, -37.89% , like many other retailers that have submitted Chapter 11, face challenges even before the coronavirus pandemic. Fiscal losses for 2019 totaled 22 …
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