Monday, January 31, 2011

bidu 4q beats estimates, sees 1q better than analysts and robin li is still ceo

like aapl and goog before it, bidu beat earnings estimates and sees a better quarter ahead.
unlike the other 2 larger companies, bidu did not announce any ceo changes.
stock closed 4pm at 108.63 and at 5:29pm, trades at 117.30

options has upper limit near 118.45 at the 4pm est close

chiu index has 3.6% in bidu

bidu conference call will be here at 8pm est:
http://ir.baidu.com/phoenix.zhtml?c=188488&p=irol-irhome

paul
www.BillyChiu.com

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