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Contrarian Defensive Investor Steve Romick Purchases Stake in Baidu

Contrarian defensive investor Steve Romick purchased a stake in Baidu Inc. ADR (BIDU) during the second quarter of 290,466 shares. The purchase had a 0.52% impact on Romick's portfolio.

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Baidu Inc. was incorporated in Jan. 18, 2000. The company is a Chinese language internet search provider which focuses its business on search products, social products, location-based...