Baidu Inc (ADR) (NASDAQ:BIDU), China’s Search engine giant, has launched the mobile wallet service after the segment has surged impressively with approximately $1.6 trillion transactions made, in 2013. Alibaba and Tencent are already in the field with Baidu being the newest entrant. Baidu Inc (ADR) (NASDAQ:BIDU) shares after opening at $159.29 moved to $159.50 on last trade day and at the end of the day closed at $157.23. Company price to sales ratio in past twelve months was calculated as 10.71 and price to cash ratio as 8.90. Baidu Inc (ADR) (NASDAQ:BIDU) showed a negative weekly performance of -0.29%.
Noble Co. New Common Stock – Switzerland (NYSE:NE) was upgraded by equities researchers at Citigroup Inc. from a “neutral” rating to a “buy” rating in a research report issued on Monday,AnalystRatingsNetwork.com reports. The firm currently has a $37.00 price objective on the stock. Citigroup Inc.’s price objective would suggest a potential upside of 20.95% from the company’s current price. Noble Corporation New Common Stock – Switzerland (NYSE:NE) shares fell -1.40% in last trading session and ended the day on $30.37. NE return on equity ratio is recorded as 11.50% and its return on assets is 5.90%. Noble Corporation New Common Stock – Switzerland (NYSE:NE) yearly performance is -10.57%.
Hancock Holding Company (NASDAQ:HBHC) was upgraded by Raymond James to an “outperform” rating in a research note issued on Thursday, Analyst Ratings Net reports. Hancock Holding Company (NASDAQ:HBHC) shares moved up 0.74% in last trading session and was closed at $35.20, while trading in range of $34.61-$35.32. Hancock Holding Company (NASDAQ:HBHC) year to date performance is -3.35%.
The board of directors for Winston-Salem-based Reynolds American, Inc. (NYSE:RAI) has elected Susan M. Cameron as president and CEO. She will replace the company’s current CEO Daniel Delen, who has chosen to retire and resign. Reynolds American, Inc. (NYSE:RAI) weekly performance is 1.81%. On last trading day company shares ended up $54.99. Reynolds American, Inc. (NYSE:RAI) distance from 50-day simple moving average is 6.52%. Analysts mean target price for the company is $53.70.
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