Orlando, FL -- (SBWIRE) -- 10/23/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Baidu.com, Inc. (ADR)(NASDAQ:BIDU), Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA).
Baidu.com, Inc. (ADR)(NASDAQ:BIDU) shares decreased 1.64% to $158.57. The company on Oct. 21 said it will introduce a new financial product next week when it unveils a financial services platform, part of an effort to compete with Internet rivals like Alibaba Group Holding Ltd., which are moving more aggressively into the financial sector. The product, which Baidu says is targeting 8% annual returns, will be part of cooperation with China Asset Management (Hong Kong) Ltd. The minimum investment for the product will be only 1 yuan ($0.16).
Additionally, the company announced that it will report its financial results for the third quarter ended September 30, 2013, after the U.S. market closes on October 29, 2013.
Are investors worried about the recent updates with BIDU? Find out with a free trend analysis HERE
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares gained 10.88% to $3.26. The company on Oct. 18 discontinued a late-stage trial of its cancer drug after some patients developed blood clots, sending its shares crashing 42 percent on fears that a version of the drug already on the market may be withdrawn. The drug, Iclusig, was granted accelerated approval by the U.S. Food and Drug Administration in December to treat two rare forms of blood cancer, but only with labels warning of the potential for blood clots and liver toxicity.
Is ARIA going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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