Today’s Trade Alerts include: Baidu.com Inc. (Nasdaq: BIDU), ZiLOG Inc. (Nasdaq: ZILG), Sirius Satellite Radio Inc. (Nasdaq: SIRI), Vital Signs Inc. (Nasdaq: VITL), Amazon.com Inc. (Nasdaq: AMZN) and Trump Entertainment Resorts Inc. (Nasdaq: TRMP).
“Baidu.com Inc. (BIDU) shares slipped from yesterday’s 16% increase, trading down nearly 1% to $332.25. Yesterday’s climb followed the company’s scorching second-quarter profits on rapidly accelerating sales to smaller advertisers. Baidu, through its subsidiaries, provides Chinese language Internet search services primarily in the People's Republic of China...
“Baidu reported that its profit jumped 87% and revenue doubled in the April-June period when compared with the year-earlier quarter. Baidu's net income was 265 million yuan ($38.6 million), or 7.62 yuan ($1.11) per share. Sales were 802.6 million yuan ($117 million)…
“Baidu offers a Chinese language search platform, which consists of Web sites and online application software; and Baidu Union, a network of third-party Web sites and software applications…”
“ZiLOG Inc. (ZILG) shares climbed nearly 4% to $3.62 Friday mid-day. ZiLOG supplies fabless semiconductors of microprocessor and microcontroller semiconductor products...
“ZiLOG recently announced it is evaluating a broad range of strategic alternatives to enhance stockholder value. The company also said it has retained Oppenheimer & Co. Inc. as its financial advisor to assist the board of directors with this process…
“Further developments with respect to the evaluation of strategic alternatives may not be publicly disclosed by ZiLOG unless and until its board of directors has approved a transaction or other strategic alternative, according to the company…”
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Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Baidu.com Inc. (Nasdaq: BIDU). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
