Stocks Active In News: Baidu Inc. (NASDAQ:BIDU), BHP Billiton Limited (NYSE:BHP), Rio Tinto plc (NYSE:RIO), Linn Energy LLC (NASDAQ:LINE), Fiat S.p.A. (OTCMKTS:FIATY)

Baidu, Inc. (NASDAQ:BIDU) said Tuesday that it has filed a preliminary prospectus supplement with the United States Securities and Exchange Commission under an automatic shelf registration statement on Form F-3, pursuant to which the company proposes to sell senior notes. Baidu Inc. (ADR) (NASDAQ:BIDU) net profit margin is 30.60% and weekly performance is -3.34%. On last trading day company shares ended up $163.72. Analysts mean target price for the company is $1318.29. Baidu Inc. (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 4.06%.

BHP Billiton Ltd. Limited (ADR) (NYSE:BHP) cut about 100 jobs at the Perth headquarters of its iron-ore division in Western Australia state, a person familiar with the matter said Wednesday, in the latest move by a major mining company to rein in costs as commodity prices stay low. BHP Billiton Limited (ADR) (NYSE:BHP) shares fell -0.94% in last trading session and ended the day on $67.52. BHP return on assets is 17.80%.BHP Billiton Limited (ADR) (NYSE:BHP) quarterly performance is 0.18%.

Rio Tinto plc (ADR) (NYSE:RIO) just added more than $1 billion to its balance sheet in a transaction that saw the mining company sell its stake in a coal mine in Australia. Rio Tinto plc (ADR) (NYSE:RIO) shares moved down -0.63% in last trading session and was closed at $52.21, while trading in range of $51.80 – $52.30. Rio Tinto plc (ADR) (NYSE:RIO) year to date (YTD) performance is -5.64%.

LINN Energy, LLC (NASDAQ:LINE) and its wholly owned subsidiary, Linn Energy Finance Corp., announced on 2 June an offer to exchange any and all of their $1,800,000,000 outstanding principal amount of 6.250% Senior Notes due 2019 for an equal amount of new 6.250% Senior Notes due 2019. Linn Energy LLC (NASDAQ:LINE) ended the last trading day at $29.36. Company weekly volatility is calculated as 1.15% and price to cash ratio as 142.46.Linn Energy LLC (NASDAQ:LINE) showed a positive weekly performance of 3.09%.

Fiat S.p.A. (ADR) (NASDAQ:FIATY) was downgraded by analysts at Sanford C. Bernstein from a “market perform” rating to an “underperform” rating in a research report issued to clients and investors on Thursday, TheFlyOnTheWall.com reports. On last trading day company shares ended up $10.44.

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