Baidu shares jump as quarterly earnings shine

Baidu shares jumped Thursday after the Chinese Internet giant reported quarterly earnings that topped Wall Street expectations. "2015 was a touchstone year for Baidu: we made significant progress in broadening our online marketing platform and further extending our reach into transactions services," Baidu chief executive Robin Li said in an earnings release. Baidu reported profit of $24.7 billion yuan ($3.8 billion) in the quarter in what amounted to a 663 percent increase from the same period t