Internet Information Providers, Financial Services Providers and Internet Software Services Report Results and Announcements - Research Report on Baidu, Bankrate, Ixia, AOL, and CGI

NEW YORK, August 5, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Baidu, Inc. (NASDAQ: BIDU), Bankrate, Inc. (NYSE: RATE), AOL, Inc. (NYSE:AOL), Ixia (NASDAQ: XXIA), and CGI Group, Inc. (NYSE:GIB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Baidu, Inc. Research Report

On July 31, 2013, Baidu, Inc. (Baidu) announced the pricing of its public offering of $1 billion aggregate principal amount of 3.25% notes due 2018. The Company expects to receive approximately $994.4 million as net proceeds from the offering, which it plans to use for general corporate purposes including merger and acquisition activities. Baidu informed that the notes have been registered under the U.S. Securities Act of 1933, and are expected to be listed on the Singapore Exchange Securities Trading Limited. According to the Company, J.P Morgan Securities LLC and Goldman Sachs (Asia) L.L.C. were the joint book runners for the offering. The Full Research Report on Baidu, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cd9e_BIDU]

--

Bankrate, Inc. Research Report

On July 29, 2013, Bankrate, Inc. (Bankrate) reported its Q2 2013 financial results. Revenue decreased 13.6% YoY to $105.5 million. Adjusted net income was $10.3 million or $0.10 per diluted share, compared to net income of $18.2 million or $0.18 per diluted share in Q2 2012. Commenting on the news, Thomas R. Evans, President and CEO of Bankrate, said, "We have made significant progress with our strategic initiatives in our insurance business during the first half of 2013 and are now seeing a clear inflection point. Going forward, we're also expecting increased activity in our credit card business and expect that our core banking business will be solid." For full year 2013, the Company expects relatively flat revenue as compared to 2012. The Full Research Report on Bankrate, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e72a_RATE]

--

AOL, Inc. Research Report

On July 31, 2013, AOL, Inc. (AOL) announced a partnership with StackSocial - an online marketplace for creative technology products, to launch a digital storefront on TUAW - an AOL property devoted to tips, reviews, news, analysis and opinion on everything Apple. According to AOL, TUAW readers will be able to purchase new and noteworthy Mac games, gadgets, tutorials and apps. The Company stated that with TUAW's nearly a million unique visitors/month (per comScore Worldwide June 2013), the partnership enables StackSocial's total publisher network to reach nearly 30 million unique visitors/month. Barb Dybwad, Director of Business Development at AOL Tech, said, "It's a win-win situation: we get access to relevant content, and our readers are able to discover new products and get exclusive offers." The Full Research Report on AOL, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7c21_AOL]

--

Ixia Research Report

On July 30, 2013, Ixia (Ixia) reported its Q2 2013 financial results. Total revenue increased 27.8% YoY to $115.9 million. Non-GAAP net income was $14.5 million or $0.18 per diluted share, compared to non-GAAP net income of $12.9 million or $0.17 per diluted share in Q2 2012. Vic Alston, President and CEO of Ixia, said, "Although revenue for our core products was lower than anticipated due to order delays from our Service Provider and network equipment manufacturer customers, we made solid progress on our key growth initiatives. Anue and BreakingPoint revenue surpassed expectations and grew to $33.2 million, our revenue from enterprise customers increased by nearly 50 percent compared to last year and we added several new channel and technology partners." The Full Research Report on Ixia - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/bc55_XXIA]

--

CGI Group, Inc. Research Report

On July 31, 2013, CGI Group, Inc. (CGI) reported its financial results for Q3 FY 2013 (period ended June 30, 2013). Revenue increased 141.1% YoY to approximately CA$2.6 billion. GAAP net earnings were CA$178.2 million or CA$0.56 per diluted share, compared to net income of CA$87.2 million or CA$0.33 per diluted share in Q3 FY 2012. According to CGI, during Q3 FY 2013 the Company booked $2.8 billion through new contract wins, extensions and renewals, and by the end of Q3 FY 2013, the Company's backlog of signed orders stood at $18.7 billion, up $5.1 billion compared with Q3 FY 2012. Michael E. Roach, President and CEO, said, "We delivered significant margin expansion, accelerating our EPS accretion before acquisition-related and integration costs, above our original 25-30% commitment. Bookings in the quarter were solid, reflecting our focus on business development through increasing client awareness of our expanded and enhanced value-proposition." The Full Research Report on CGI Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9874_GIB]

----

EDITOR NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
5. For any urgent concerns or inquiries, please contact us at [email protected].
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

SOURCE Analysts' Corner