Baidu Inc (ADR) (NASDAQ:BIDU)’s shares jumped 5.21% to $183.63. The company 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) stock opened at $175.47 in last session, and closed at $184.64, while the day range of BIDU stock is $175.01-$186.00.The stock showed a positive weekly performance of 3.20%.
Recently, Trina Solar Limited (ADR) (NYSE:TSL) reported its Q4 2014 Earnings Per Share of $0.13 which topped the average analyst projections of a loss of $0.33 & $0.02, respectively. the 2013 Q4 was driven by the rising shipment volumes on a much greater demand from the key emerging markets like Japan and China, but was offset by the lower-than-expected system sales. For this quarter, the gross margin was 15.1 percent – after adjustment of a disposal & impairment loss, the adjusted gross-margin was around 16.8 percent; higher than the Q3 adjusted-GM of 16.4percent. Shipments for this quarter totaled 770Megawatts. Trina Solar Limited (ADR) (NYSE:TSL) stock opened at $16.37, in last session and closed at $18.19, by gained 11.60%. The 52 week range was $3.31-$18.65. Company’s market capitalization is $1.45 billion.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) options were in very high demand, particularly on the call side, where volume spiked to more than eight times the typical daily amount. Digging deeper into the data shows that more than two-thirds of the day’s total options volume transpired at the March 7 and April 7 calls. Perhaps some of this activity came at the hands of short sellers picking up options-related insurance, considering a lofty 22.1% of YGE’s stock is currently sold short. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) stock gained 12.07% and finished the last session at $6.78. The EPS of the stock remained -2.52.Company’s market capitalization is $1.06 billion.
Shares of Sina Corp (NASDAQ:SINA) have earned a consensus rating of “Buy” from the eighteen ratings firms that are covering the company, AR Network reports. Two investment analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. SINA Corp (NASDAQ:SINA) stock opened the session at $68.11, and closed the session at $73.44. The 52 week range of the SINA stock remained $45.54-$92.83 and the day range was $68.10-$74.62.
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