On Monday, Shares of Baidu Inc (ADR) (NASDAQ:BIDU), gained 6.03% to $217.97.
iQIYI, an independently operated partner of Baidu (BIDU) and one of the largest Internet and mobile video service providers in China, declared that according to a recent report published by App Annie, iQIYI’s mobile app was the 7th top app by revenue globally, gaining two spots from its 9th place ranking in July.
The report attributed iQIYI’s surge in the worldwide rankings to its growth in paid subscribers, driven by China’s strong demand for premium content. iQIYI’s self-produced content such as The Lost Tomb, and its cooperation with top-tier Hollywood studios, counting Paramount, Lionsgate and NBCUniversal, significantly enriched its offering to subscribers who have access to a large number of premium content franchises, counting The Hunger Games and Divergent.
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.
Shares of BlackBerry Ltd (NASDAQ:BBRY), inclined 1.53% to $7.94, during its last trading session.
BlackBerry Limited, released the thirteenth Good Mobility Index Report showing that organizations are increasingly building custom secure apps. Among Good Powered by BlackBerry (formerly Good Technology) customers who are building custom apps, the average organization has developed 3.74 custom apps to assist mobilize key business processes. More broadly, the calendar Q3 report showed a 30 percent quarter-over-quarter improvement in app activations and an improvement in the number of organizations using multiple apps beyond email.
“The Q3 Good Mobility Index Report validates that enterprises are moving forward to the next stage of their mobility journeys,” said Billy Ho, Executive Vice President, Enterprise Product and Value Added Solutions, BlackBerry. “The ability for organizations to develop compelling, secure cross-platform mobile applications using the Good Dynamics platform is one of the key benefits that made the acquisition of Good so important to our strategy.”
For the fourth quarter in a row, secure browser led all app categories, growing 57 percent quarter-over-quarter to account for 37 percent of all apps deployed by organizations. This trend is likely to continue as Good Access™, the leading secure browser, adds support for Windows. Custom apps, secure IM, document access and document editing followed as the next most popular app categories.
BlackBerry Limited provides wireless communications solutions worldwide. The company offers BlackBerry wireless solutions, which comprise the sale of BlackBerry handheld devices; and the provision of data communication, and compression and security infrastructure services enabling BlackBerry handheld wireless devices to send and receive wireless messages and data.
Finally, Shares of CDW Corp (NASDAQ:CDW), ended its last trade with -2.22% loss, and closed at $43.17.
CDW Corporation, declared the pricing of an underwritten offering by selling stockholders of an aggregate of 8,000,000 shares of its common stock at a price to the public of $44.05 per share. The underwriters have a 30-day option to purchase up to an additional 1,200,000 shares of common stock from the selling stockholders at the public offering price, less underwriting discounts. CDW Corporation will not receive any of the proceeds from the sale of the shares of common stock. The offering is predictable to close on November 30, 2015.
Barclays Capital Inc. and Goldman, Sachs & Co. are acting as underwriters in this offering.
Subject to completion of the offering, CDW Corporation intends to repurchase from the underwriters 1,000,000 shares of its common stock that are being sold by the selling stockholders in this offering at a price per share equal to the price paid by the underwriters to the selling stockholders in the offering. CDW Corporation anticipates to fund the repurchase from cash on hand and/or borrowings under its senior secured asset-based revolving credit facility.
CDW Corporation distributes information technology (IT) solutions in the United States and Canada. It operates in two segments, Corporate and Public. The company offers discrete hardware and software products to integrated IT solutions, counting mobility, security, data center optimization, cloud computing, virtualization, and collaboration.