Morning Buzz: Tesla Motors Inc, Baidu Inc, Twitter Inc, EMC Corporationadmin
New York, December 20, 2013 / Accesswire / – Market Buzz Report, which provides live alerts on penny stocks, issues critical stocks analysis for Baidu Inc (ADR) (NASDAQ:BIDU), Tesla Motors Inc (NASDAQ:TSLA), Twitter Inc (NYSE:TWTR), EMC Corporation(NYSE:EMC).
Baidu Inc (ADR) (NASDAQ:BIDU) shares declined 0.64% to $170.39 in the last trading session. The company will offer movies and television shows from Viki Inc. as it expands its video service to lure more users. Viki, a unit of Rakuten Inc. (4755), the biggest Japanese e-commerce company, will offer licensed content to Baidu Video from around the world, with translations made by users into English and Chinese, it said in a statement on Dec. 19. Kaiser Kuo, spokesman for Beijing-based Baidu, confirmed the deal by phone.
Additionally, the company on Dec. 16 has announced the release of version 3.0 of its Baidu Browser Android app in 11 languages worldwide. In addition to support for multiple languages, Baidu Browser includes a customizable content dashboard that delivers news and photos directly to users’ homepages, as well as its proprietary T5 engine that speeds up page rendering by 30 percent. Since its December 2012 launch in China and Southeast Asia, Baidu Browser has gained more than 150 million users worldwide.
Free Urgent Insider Catalyst Report For BIDU Available Here: http://marketbuzzreport.com/index.php?code=BIDU (Or Copy and paste the URL into your browser)
Tesla Motors Inc (NASDAQ:TSLA) shares gained 0.50% to $141.43 in the pre-market hour. the company on Dec. 18 said its Model S and charging system didn’t cause a fire in a Southern California garage last month. While there was a fire at the wall socket where the vehicle was plugged in, the car itself wasn’t part of the fire, Palo Alto, California-based Tesla said in e-mailed comments. Investigators can’t conclude whether the fire started in the wall socket or was caused by the charger, and found it had nothing to do with the battery, Steve Concialdi, a spokesman for the Orange County Fire Authority, said by phone.
Additionally, Law Offices of Howard G. Smith on Dec. 13 announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of a class (the “Class”) comprising all purchasers of the securities of Tesla Motors, Inc. (“Tesla” or the “Company”) (TSLA) between May 10, 2013 and November 6, 2013, inclusive (the “Class Period”).
Free Urgent Insider Catalyst Report For TSLA Available Here: http://marketbuzzreport.com/index.php?code=TSLA (Or Copy and paste the URL into your browser)
Twitter Inc (NYSE:TWTR) shares jumped 0.78% to $57.94 in the pre-market hour. On Dec. 16, Bob Peck from SunTrust downgraded shares of Twitter from Buy to Hold also as a valuation call and has had a $50 price target since before the shares went public. He wrote “We are lowering our rating on Twitter to Hold from Buy, as the stock has surpassed our year end 2014 $50 target by ~20%. We remain extremely positive on the long term opportunity for the company due to several factors: Twitter has become one of the major Internet platforms, the company is still in a very nascent stage of its life cycle; Twitter has significant optionality in front of it; and the company has a strong management team with a unique vision of permeating the “interest graph.”
Free Urgent Insider Catalyst Report For TWTR Available Here: http://marketbuzzreport.com/index.php?code=TWTR (Or Copy and paste the URL into your browser)
EMC Corporation(NYSE:EMC) shares gained 1.74% to $24.02 in the pre-market hour. The company’s board of directors on Dec. 13 has declared a quarterly cash dividend of $0.10 per share of common stock. The dividend will be payable on January 23, 2014 to stockholders of record on January 8, 2014.
Additionaly, the company on Dec. 12 released the findings of its global survey that asked thousands of IT decision makers from 50 countries for their perspective on the challenges and opportunities that Big Data and IT transformation – and related skills – can present to their companies. Over the last six months this research polled more than 10,700 business and IT management and executives, technical architects, data scientists and storage/infrastructure managers from a range of industries who registered to attend their local EMC® Forums.
Free Urgent Insider Catalyst Report For EMC Available Here: http://marketbuzzreport.com/index.php?code=EMC (Or Copy and paste the URL into your browser)
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Posted: December 20th, 2013 under ACCESSWIRE.