Shares of TriQuint (NASDAQ:TQNT) are trading almost 2% higher on news of a Form 4 filing that reveals company director Walden C Rhines acquired 100,000 shares of the company Friday.
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A report in WantChinaTimes says Robin Li, CEO of Baidu (NASDAQ:BIDU), is a worried man these days following slowing growth, declining advertising revenues, the economic slowdown and the emergence of new competition. Not to mention the somewhat lukewarm results on Baidu’s new browser for Android mobile devices. Li is said to be considering investment in new businesses and innovation as well as downsizing management.
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