While that Microsoft-Yahoo business stole the show for a while, Baidu's found its way into the spotlight again. The Chinese search engine company had an admirable second quarter, beating analysts' estimates in some important respects.
Net income is perhaps the most interesting category. The figure reported here - $38.6 million - represents an increase of 86.7 percent over the same period last year. It's a rare American corporation that has been able to achieve anything like that lately.
The news also caused investors to drive up Baidu's stock by 12.92 percent in pre-market trading.
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