The Chinese ecommerce industry is growing by leaps and bounds and its growth rate is expected to outpace the U.S.’s growth rate by almost six times in the coming days. Baidu Inc (ADR) (NASDAQ:BIDU) is already a leader in search engines but is also ramping up its presence in the ecommerce sector. Baidu Inc (ADR) (NASDAQ:BIDU) stock opened at $185.50 in last session, and closed at $182.04, while the day range of BIDU stock is $180.95-$189.34.The stock showed a positive weekly performance of 6.50%.
U.S. Bancorp (USB) has been reiterated by TheStreet Ratings as a buy with a ratings score of A-. The company’s strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, increase in stock price during the past year and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.,” the firm’s analyst wrote. U.S. Bancorp (NYSE:USB) stock opened at $41.89, in last session and closed at $42.17, by gained 1.25%. The 52 week range was $41.89. Company’s market capitalization is $76.86 billion.
Viacom Inc. (NASDAQ:VIAB and VIA) announced that on Thursday, May 1, 2014, it will issue financial results for the quarter ending March 31, 2014. The Company will conduct a conference call at 8:30 a.m. (ET), following the release of its earnings announcement. Viacom, Inc. (NASDAQ:VIAB) stock gained 0.34% and finished the last session at $88.27. The EPS of the stock remained 5.17.Company’s market capitalization is $38.67 billion.
American Express (NYSE:AXP)‘s stock had its “buy” rating restated by equities researchers at TheStreet in a research report issued on Tuesday, Analyst Ratings Net reports. American Express Company (NYSE:AXP) stock opened the session at $94.11, and closed the session at $93.86.The 52 week range of the AXP stock remained $63.43-$94.35 and the day range was $93.36-$94.35.