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Saturday 13 June 2015
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Afternoon Trade News Review: Baidu Inc (ADR) (NASDAQ:BIDU), Kohl’s Corporation (NYSE:KSS), Lattice Semiconductor (NASDAQ:LSCC), WisdomTree Investments, Inc. (NASDAQ:WETF)

On Wednesday, in the course of current trade, Shares of Baidu Inc (ADR) (NASDAQ:BIDU), climbed 1.10%, and is now trading at $ 204.84.

Baidu Inc, declared a multi-million dollar planned investment partnership with Baidu Inc. (BIDU), the leading Chinese language Internet search provider. The partnership brings together two cutting-edge technology companies that are re-defining the “search” and “discovery” categories across the world’s biggest markets. Together, Taboola and Baidu plan to bring discovery to the Chinese market, where mobile is the number one way people go online.

The investment from Baidu is a follow-on to the $117 million Series E round of financing declared by Taboola this past February, and represents another noteworthy vote of confidence in Taboola and the future of content discovery. Baidu ranks as the top website in China, and fourth most popular in the world, receiving tens of billions of search queries every day, about 75 percent of China’s combined PC and mobile search market share.

Baidu, Inc. provides Internet search services in China and internationally. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, counting Web pages, news, images, documents, and multimedia files through links offered on its Website; and international products and services to users in other countries.

During an Afternoon trade, Shares of Kohl’s Corporation (NYSE:KSS), climbed 0.64%, and is now trading at $ 62.44.

Kohl’s Corporation, declared it has awarded more than 2,500 winners nationwide with nearly $400,000 in scholarships for higher education and prizes through the Kohl’s Cares® Scholarship Program. The winners were chosen from more than 32,000 nominees nationwide, and selected for the positive impact their volunteer efforts have on the community.

“Kohl’s is thrilled to recognize this year’s winners of the Kohl’s Cares Scholarship Program, and we applaud their efforts to better the communities in which they live,” said Bevin Bailis, Kohl’s senior vice president of communications and public relations. “It is an honor to support these students as they pursue higher education and continue to inspire all of us to serve others.”

Kohl’s Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers.

Shares of Lattice Semiconductor (NASDAQ:LSCC), during its Wednesday’s current trading session raised 1.86%, and is now trading at $ 6.56.

Lattice Semiconductor, declared that Google ATAP has selected SiBEAM as one of the partners to bring touchless gesture sensing to tomorrow’s smart devices. Based on SiBEAM’s millimeter-wave (mmWave) innovations, this technology enables rich hand gesture interactions with smart devices, without the limitations of ever-shrinking screen sizes.

At Google I/O in San Francisco recently, Google’s Advanced Technology and Projects (ATAP) group declared Project Soli. The aim of Project Soli is to create next-generation gesture technology that enables rich interactions with smart devices regardless of screen size to drive applications across wearable, home automation, automotive, industrial and medical markets. SiBEAM’s solution is ideal for Google ATAP given its ability to detect micro-gestures with minimal interference and in very small form factors. At the show, the first Project Soli proof of concept chip was declared, which is a joint technology development between SiBEAM and Google ATAP.

Lattice Semiconductor Corporation designs, develops, and markets programmable logic products and related software in Asia, Europe, and the Americas. It offers products based on field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs) architectures.

Finally, WisdomTree Investments, Inc. (NASDAQ:WETF), gained 5.13% Wednesday, hitting its highest level.

WisdomTree Investments, declared that an additional two WisdomTree ETFs have been listed on The Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV), S.A.B. de C.V. Both equity ETFs are listed in the special international section of the BMV, the Sistema Internacional de Cotizaciones (“SIC”). SIC makes it possible for certain institutional investors to trade foreign securities in Mexico. Securities listed on the SIC are not publicly offered in Mexico.

“In Mexico, we continue to see an enhance in investor interest in ETFs because of the structural benefits and convenient exposure to important asset classes. We are happy to cross-list two additional ETFs on the Bolsa Mexicana de Valores, further expanding WisdomTree’s global footprint,” said Jonathan Steinberg, WisdomTree CEO and President.

WisdomTree Investments, Inc., through its auxiliaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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