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Technology Stocks : Baidu (BIDU)

BIDU 123.82

+2.8%

Dec 19 9:30 AM EST

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From: Sr K	10/29/2014 7:21:57 PM
	of 2098

Bloomberg reports that Baidu was light on revenues, in Yuan. bloomberg.com The q3 report used RMB 6.1380 to US$1.00, the q2 report used RMB 6.2036. The q3 report has: This announcement contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB6.1380 to US$1.00, the effective noon buying rate as of September 30, 2014 in The City of New York for cable transfers of RMB as certified for customs purposes by the Federal Reserve Bank of New York. The q2 report had: RMB6.2036 to US$1.00, the effective noon buying rate as of June 30, 2014 in The City of New York.

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