Baidu, Inc. (NASDAQ:BIDU) the leading Chinese language Internet search provider, on 5 June announced the pricing of its public offering of US$1.0 billion aggregate principal amount of 2.750% notes due 2019. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on the Singapore Exchange Securities Trading Limited. Baidu Inc. (ADR) (NASDAQ:BIDU) net profit margin is 30.60% and weekly performance is 3.94%. On last trading day company shares ended up $172.34. Analysts mean target price for the company is $1308.00. Baidu Inc. (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 9.27%.
China Hydroelectric Corporation (NYSE:CHC) an owner, developer, and operator of small hydroelectric power projects in the People’s Republic of China, on 21 April announced its unaudited financial results for the fourth quarter and twelve months ended December 31, 2013. For the fourth quarter of 2013, revenues from continuing operations (net of value-added tax) declined by 18.5% year over year to $10.1 million, due to a 16.6% decline in electricity sold. We recorded a net loss attributable to China Hydroelectric shareholders from continuing operations of $5.1 million for the fourth quarter of 2013, compared to a $9.2 million loss for the same period of 2012. China Hydroelectric Corporation (USD) (NYSE:CHC) shares fell -0.58% in last trading session and ended the day on $3.42. CHC gross Margin is 52.70% and its return on assets is -0.70%.
China Telecom Corp Limited (ADR) (NYSE:CHA) begin trading ex-dividend on June 02, 2014. A cash dividend payment of $1.225221 per share is scheduled to be paid on July 28, 2014. China Telecom Corporation Limited (ADR) (NYSE:CHA) shares moved up 0.46% in last trading session and was closed at $49.73, while trading in range of $49.64 – $50.00. China Telecom Corporation Limited (ADR) (NYSE:CHA) year to date (YTD) performance is 0.77%.
The board of directors of PNM Resources Inc. (NYSE:PNM) on 5 June declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable July 15 to shareholders of record at the close of business July 1. PNM Resources Inc. (NYSE:PNM) ended the last trading day at $28.86. Company weekly volatility is calculated as 1.66% and price to cash ratio as 84.51.PNM Resources Inc. (NYSE:PNM) showed a positive weekly performance of 1.41%.
Avista Corp (NYSE:AVA) on 30 may announced that it has reached an agreement to sell its subsidiary Ecova to the French giant, GDF Suez (OTCPK:GDFZY). Investors applauded the deal given the fact that proceeds of the deal will be used to repurchase shares. Avista Corp (NYSE:AVA) net profit margin is 7.20% and weekly performance is 1.12%. On last trading day company shares ended up $31.66. Analysts mean target price for the company is $31.50. Avista Corp (NYSE:AVA) distance from 50-day simple moving average (SMA50) is 1.65%.