Baidu Inc (ADR) (NASDAQ:BIDU) on May 16 announced the appointment of pioneering Artificial Intelligence (AI) researcher Andrew Ng as Chief Scientist of the company. Mr. Ng will lead Baidu Research, with labs in Beijing and Silicon Valley. The company made the announcement at the grand opening of its U.S. R&D Center in Sunnyvale, California. The new facility adds research to the company’s existing development capabilities in Silicon Valley. Baidu Inc (ADR) (NASDAQ:BIDU) net profit margin is 30.60% and weekly performance is 1.39%. On last trading day company shares ended up $165.81. Analysts mean target price for the company is $1318.29. Baidu Inc (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 5.62%.
ARIAD Pharmaceuticals Inc. (NASDAQ:ARIA) announced preliminary safety and efficacy data from the discontinued Phase 3 EPIC trial of Iclusig (ponatinib) vs. imatinib in patients with newly diagnosed chronic-phase chronic myeloid leukemia (CML). Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares advanced 1.25% in last trading session and ended the day on $6.46. ARIA Gross Margin is 79.20% and its return on assets is -66.50%. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) quarterly performance is -25.66%.
TESARO, Inc. (NASDAQ:TSRO), an oncology-focused biopharmaceutical company, announced that final results from three Phase 3 trials of rolapitant, an investigational neurokinin-1 (NK-1) receptor antagonist in development for the prevention of chemotherapy-induced nausea and vomiting (CINV), were presented at the American Society of Clinical Oncology (ASCO) annual meeting in Chicago. TESARO Inc (NASDAQ:TSRO) shares moved down -1.84% in last trading session and was closed at $26.64, while trading in range of $26.37 – $27.84. TESARO Inc (NASDAQ:TSRO) year to date (YTD) performance is -5.67%.
Remark Media, Inc. (NASDAQ:MARK), a global digital media company, announced the acquisition of Hotelmobi, a company engaged in the development, ownership and operation of hotel booking applications. Hotelmobi plans to launch its widely anticipated “Roomlia” application in the third quarter of 2014. Remark Media Inc (NASDAQ:MARK) ended the last trading day at $6.08. Company weekly volatility is calculated as 5.63% and price to cash ratio as 54.67. Remark Media Inc (NASDAQ:MARK) showed a positive weekly performance of 3.93%.
OpenTable, Inc. (NASDAQ:OPEN) is seeing ratings go up from a C last week to a B this week. The company provides free, real-time online restaurant reservations for diners through an online booking service. OpenTable Inc (NASDAQ:OPEN) net profit margin is 11.40% and weekly performance is 6.01%. On last trading day company shares ended up $67.75. Analysts mean target price for the company is $74.47. OpenTable Inc (NASDAQ:OPEN) distance from 50-day simple moving average (SMA50) is -5.10%.