February 01, 2013 at 10:42 AM EST
Baidu Profit Seen Up Despite Qihoo 360 Search Battle
China search leader Baidu (BIDU) is expected to post a 40% earnings per share increase when it reports its Q4 results after the close Monday, even as the company invests in its battle against new search rival Qihoo 360 Technology (QIHU). "Competition from Qihoo is heating" this quarter, wrote T.H. Capital analyst Tian Hou in a pre-earnings note. Hou said Qihoo has "started to monetize its search service with the support from its partner Google
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