Baidu's earnings conference call: 9:00 am Wednesday (Nov 1) Beijing/Hong Kong time 8:00 pm Tuesday (Oct 31) New York time... http://biz.yahoo.com/prnews/061010/cntu014.html?.v=14
BIDU Baidu.com: Potential of some increased risk for Baidu's Q3 performance - Piper (92.00 -4.00) -Update- ***** Piper Jaffray says they have learned that there is the potential of some increased risk for Baidu's Q3 performance. Whereas until now they believed the co could meet and possibly exceed the top end of the rev guidance, some of their most recent contacts suggest that the change in pricing during the quarter may have caused some drop off in number of customers and hence the top line may be weaker than expected. They note that channel information from China is sometimes imprecise but their conclusion is that there is some increased risk for this afternoon's earning release. The firm views potential weakness in Q3 as a hiccup rather than a structural problem, unless there are any signs of demand slowdown, which they have not heard of.