The Baidu Inc (ADR) (NASDAQ:BIDU) on Feb. 26 announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2013. Total revenues in the fourth quarter of 2013 were RMB9.523 billion ($1.573 billion), a 50.3% increase from the corresponding period in 2012. Net income attributable to Baidu in the fourth quarter of 2013 was RMB2.784 billion ($459.9 million), a 0.4% decrease from the corresponding period in 2012. Diluted earnings attributable to Baidu per ADS for the fourth quarter of 2013 were RMB7.90 ($1.30); diluted earnings attributable to Baidu per ADS excluding share-based compensation expenses (non-GAAP) for the fourth quarter of 2013 were RMB8.40 ($1.39). Baidu Inc (ADR) (NASDAQ:BIDU) shares after opening at $160.71 moved to $161.50 on last trade day and at the end of the day closed at $158.31. Company price to sales ratio in past twelve months was calculated as 11.85 and price to cash ratio as 7.84.Baidu Inc (ADR) (NASDAQ:BIDU) showed a negative weekly performance of -1.42%.
Besides Sina Corp. (NASDAQ:SINA) and Sohu.com Inc. (NASDAQ:SOHU), SouFun Holdings (NYSE:SFUN), NetEase Inc. (NASDAQ:NTES) and Ctrip.com Intl. (NASDAQ:CTRP) had opposite days on Monday to Tuesday. NTES, SFUN, CTRP, and Chinese telecommunication stocks such as China Mobile (NYSE:CHL) and China Unicom (NYSE:CHU) fell hard on Monday just to surge on Tuesday. To the contrary, SINA and SOHU rose significantly on Monday but fell hard the next day. SINA Corp (NASDAQ:SINA) shares advanced 0.39% in last trading session and ended the day on $66.13. SINA return on equity ratio is recorded as 3.90% and its return on assets is 2.10%. SINA Corp (NASDAQ:SINA) yearly performance is 34.66%.
Linn Energy (NASDAQ:LINE)‘s stock had its “neutral” rating reiterated by research analysts at Ladenburg Thalmann in a report released on Monday, Stock Ratings Network.com reports. They currently have a $32.00 price objective on the stock, up from their previous price objective of $25.00. Ladenburg Thalmann’s target price points to a potential upside of 0.41% from the stock’s previous close. Linn Energy LLC (NASDAQ:LINE) shares moved down -0.65% in last trading session and was closed at $28.99, while trading in range of $28.99-$29.35.Linn Energy LLC (NASDAQ:LINE) year to date performance is -13.57%.
Trina Solar Limited (ADR) (NYSE:TSL) was able to trounce earnings estimates in the most recent quarter. The solar company reported its fourth quarter financial performance in the pre-market hours. Earnings per share were 13 cents and revenue was $525.6 million. While revenue figure fell short of expectation by 4 percent, earnings trounced the expected 2 cents per share loss. Trina Solar Limited (ADR) (NYSE:TSL) weekly performance is 2.23%. On last trading day company shares ended up $15.60. Trina Solar Limited (ADR) (NYSE:TSL) distance from 50-day simple moving average is 0.72%. Analysts mean target price for the company is $21.77.
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