Baidu Inc. (BIDU). The Chinese search engine forecast strong sales that topped Wall Street estimates, after reporting robust quarterly earnings, shrugging off concerns that a weak economy could hit advertisers. It expects fourth-quarter revenue of $691.4 million to $711.0 million. For the third quarter, Baidu reported net income of $295 million, or 84 cents a share.
Baidu is trading up 10 to 147 in premarket trading.
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