Maxim Group upgraded China‘s search engine Baidu Inc (ADR) (NASDAQ:BIDU) to Buy with $200 price target. Baidu Inc (ADR) (NASDAQ:BIDU) stock opened at $182.65 in last trading session, and closed at $175.52, trading in the range of $ 175.30 – 185.50. The stock showed a negative weekly performance of -2.48%.
Sony Corporation (ADR) (NYSE:SNE) today announced the development of a state-of-the-art 4K Ultra Short Throw Projector featuring a stylish, furniture-like design. Sony Corporation (ADR) (NYSE:SNE) shares closed at $18.08 on last trade day, by losing -0.93%. Stock 52 week range is $10.99 – $23.38. Company’s market capitalization is $18.76 billion.
Wall Street could pay nearly $50 billion to buy peace from federal authorities who are taking aim at the banks over their role in the mortgage crisis, according to interviews and a confidential analysis of the industry’s potential legal exposure. Citigroup Inc (NYSE:C) could pay roughly $1 billion, the analysis shows. The potential penalties for other banks are under $1 billion, the analysis shows. Citigroup Inc (NYSE:C) stock advanced 0.71% and finished the last session at $55.20. The EPS of the stock remained 3.97. Company’s market capitalization is $167.42 billion.
Hong Kong’s HSBC Holdings plc (ADR) (NYSE:HSBC) manufacturing purchasing managers index (PMI) expanded 51.2 in December last year, while it accelerated 52.1 in November. According to Hongbin Qu, HSBC chief and China economist, the pace of country’s growth has been marginally sluggish during the period, however the output and new order are increasing faster than their average rate. HSBC Holdings plc (ADR) (NYSE:HSBC) stock opened at $55.41 in last trading session and closed at $55.34. The 52 week range of the stock is $50.38 – $58.71 and the day range was $55.17 – 55.45.