BEIJING, Sept. 29, 2015 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), the leading Chinese language Internet search provider, today announced changes to its board composition. Mr. Brent Callinicos has been appointed as a director and a member of the audit committee of the board of directors of the Company. Mr. Yuanqing Yang has been appointed as a director and a member of the compensation committee of the board of directors of the Company. Mr. Nobuyuki Idei and Mr. Dejian Liu will step down from the board, having fulfilled their term as a board member since June 2007 and October 2013, respectively. These changes will be effective on October 1, 2015.
NEW YORK, September 29, 2015 /PRNewswire/ -- ACI Association has initiated research coverage on the following equities: Broadcom Corporation (NASDAQ: BRCM), Brocade Communications Systems, Inc. (NASDAQ: BRCD), FireEye, Inc. (NASDAQ: FEYE), Baidu, Inc. (NASDAQ: BIDU), and Avago Technologies Limited (NASDAQ: AVGO). On Monday, September 28, 2015, Nasdaq ended at 4,543.97, down 3.04%, Dow Jones declined 1.92% to finish the day at 16,001.89, and the S&P; closed at 1,881.77, down 2.57%. Register for your complimentary reports at the links given below.
Baidu, Inc. (Baidu) is a Chinese-language Internet search provider (ISP). Baidu serves three types of online participants, which include users, customers and Baidu Union Members. The Company offers a Chinese-language search platform on its Website, Baidu.com. It provides Chinese-language Internet search services to enable users to find relevant information online, including Web pages, news, images, documents and multimedia files, through links provided on its Websites. It designs and delivers its online marketing services primarily on its Baidu.com Website to its online marketing customers. As of December 31, 2014 the Company had approximately 813,000 active online marketing customers. Its online marketing customers consist of small and medium enterprises (SMEs) throughout China, domestic companies and Chinese divisions or subsidiaries of multinational companies.