Pompano Beach, Fla. (January 11th, 2013)
Baidu.com Inc (ADR) (NASDAQ: BIDU) soared 2.27% to $113.11 on a traded volume of 1.54 million shares. TheChinese equities had a good start to the year as various economic data have pointed to a recovery in China's economy. The stock is up as China's Ministry of Industry and Information Technology recently predicted China's internet population to reach 800 million users by 2015.
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Netflix Inc (NASDAQ: NFLX) moved up 1.99% to $99.96 on a traded volume of 704k shares. The Company will post its fourth quarter 2012 financial results and business outlook on its investor relations website on January 23, 2013. Netflix is the world's leading Internet television network with more than 30 million members in 40 countries enjoying more than one billion hours of TV shows and movies per month, including original series.
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Linkedin Corporation (NYSE: LNKD) went up 0.84% to $119.03 on a traded volume of 547k shares. The Company said it reached 200 million members world-wide, underscoring the professional social network's continued growth even as other newly public Web companies stumble. The company added 13 new languages and said it now gains new members at a rate of two per second.
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Sirius XM Radio Inc (NASDAQ: SIRI) declined 0.16% to $3.13 on a traded volume of 13.69 million shares. The Company announced the launch of a series of fun and engaging vignettes for young listeners, featuring content from National Geographic Kids beginning January 14, 2013, on Kids Place Live, channel 78.
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AK Steel Holding Corporation (NYSE: AKS) decreased 1.88% to $4.70 on a traded volume of 626k shares. Thecontroller and chief accounting officer of AK Steel Holding Corp, Richard Williams is resigning from the company, effective February 8. AK Steel Holding Corporation is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly owned subsidiary, AK Steel Corporation.
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