The buy and sell recommendations I post here come from the EVA Dimensions stock-ranking system called PRVit, for Performance-Risk-Valuation investment technology.
When a high-growth stock like BIDU beats on both the top and bottom line, it is a recipe for higher prices, which made the initial post report sell-off somewhat peculiar.
And whereas the Post will sell subscriptions directly to readers as an in-app purchase, the News, having no preexisting digital sales apparatus, is forced to let Apple handle the transaction, and take its usual 30 percent cut.