Stocks Turn Active on Retreated Views: VWR Corporation (NASDAQ:VWR), Baidu, Inc. (NASDAQ:BIDU)

VWR Corporation (NASDAQ:VWR) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.67% to close at $27.69 with the total traded volume of 1.88 Million shares. VWR Corporation (VWR) declared that its financial results for the fourth quarter and full year ended December 31, 2016.

The firm declared that foruth quarter 2016 record quarterly net sales of $1.13 billion, up 1.6% year-over-year, and up 1.0% on an organic basis. The 4Q16 EMEA-APAC section net sales surged 0.4%, up 3.6% on an organic basis, while the Americas net sales surged 2.5%, or down 0.9% on an organic basis, driven by the difficult prior year comparison. 4Q16 GAAP diluted EPS was $0.20 compared to $0.41 in 4Q15. 4Q16 Adjusted EPS of $0.45 compared to $0.47 in the prior year.

FY16 net sales surged 4.5% to $4.51 billion, up 3.2% on an organic basis. FY16 GAAP diluted EPS was $1.12, down compared to $1.17 in FY15. FY16 Adjusted EPS of $1.72 surged 13.2% compared to $1.52 in FY15. 2016 cash flow from operating activities of $266.2 million, up 18.3% vs. $225.0 million in 2015. Acquired Seastar, a manufacturer of high purity reagents used in the global research and laboratory industries on January 11, 2017. The firm has institutional ownership of 38.60%. Its price to sales ratio ended at 0.81. VWR attains analyst recommendation of 2.60 with week’s performance of 3.36%.

Baidu, Inc. (NASDAQ:BIDU) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -5.13% to $175.17. BaiduInc’s (BIDU) revenue fell for a second straight quarter, hurt by a government crackdown on healthcare advertising, but the internet search giant expects a rebound this year as it retools to find growth outside its core ad business.

The company has stumbled over the past few years – firstly from a cash-burning subsidy war with rivals such as Alibaba (BABA.N) in businesses like food delivery, movie tickets and taxi hailing, and more recently from a regulatory backlash following the death of a student who underwent an experimental cancer treatment that he found using Baidu’s search engine.

Baidu has been forced to slash healthcare ads under a new government compliance code. Analysts estimate healthcare accounts for about 20-30 percent of the company’s search revenue, which represents more than 80 percent of its total sales.

Baidu is now retreating from loss-making ventures outside of search and shifting resources into artificial intelligence (AI). It hired Qi Lu, a top Microsoft (MSFT.O) executive, last quarter to oversee the shift to AI in a shakeup it hopes will steer revenue growth back into positive territory. The share price of BIDU attracts active investors, as stock price of week volatility recorded 2.22%. The stock is going forward to its 52-week low with 13.17% and lagging behind from its 52-week high price with -12.85%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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