Upgrades, Financial Results Calculate Bright Future Ahead - Research Report on WebMD Health Corp., Wipro Ltd., Baidu, Inc., Computer Sciences Corporation and Pandora Media, Inc.

Wed Feb 27, 2013 8:02am EST

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NEW YORK,  February 27, 2013  /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting WebMD
Health Corp. (NASDAQ:WBMD), Wipro Ltd. (NYSE:WIT), Baidu, Inc. (NASDAQ:BIDU),
Computer Sciences Corporation (NYSE:CSC) and Pandora Media, Inc. (NYSE:P).
Today's readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.

WebMD Health Corp. Research Report

Online health information services firm WebMD Health saw its stock surge 25.4
percent last week to  $20.44  it beat estimates on revenue for Q4 2012 and
posted guidance with a much smaller sales decline for this year. The company
posted a net loss of  $6.1 million  or  12 cents  per share compared to last
year's net income of  $19.2 million  or  33 cents  per share. Revenue fell to 
$132.74 million  from  $150.66 million  a year ago, but still went past the
expected  $124.14 million. The losses were due in part to WebMD's streamlining
and cost-cutting efforts. Revenue for Q1 2013 is expected to come in at  $105
million  and net loss from continuing operations to be around 6 percent of
revenue. Analysts, meanwhile, are more optimistic with pricing changes in
advertising trends, expecting earnings per share to come in at  22 cents  for
the current quarter. The Full Research Report on WebMD Health Corp. - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[Ihttp://www.investors-alliance.com/r/full_research_report/9b5c_WBMD]

--

Wipro Ltd. Research Report

Indian IT services provider Wipro has been upgraded by The Street from "hold" to
"buy" earlier this month citing growth in revenue, earnings per share, cash
flow, and net income. Revenue for Q3 2012 grew 10 percent year over year at 
$2.01 billion  with earnings of  13 cents  per share or  $327 million. Net
income meanwhile came in at  $313 million, which contributed to the 98.65
percent increase in cash flow of  $373.93 million  year over year. Wipro has
expanded operating margins through improvements in revenue productivity and
improved cash flow generation through efficient working capital management. The
company expects revenues of the quarter ending  March 31  this year to be in the
range of  $1.59 billion to $1.63 billion. The Full Research Report on Wipro Ltd.
- including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/f61e_WIT]

--

Baidu, Inc. Research Report

Chinese language Internet search provider Baidu has been reiterated by The
Street with a "buy" rating despite dismal performance of its stock as of late,
but has since rebounded 0.46 percent to  $89.18  per share this week. Revenue
growth in the most recent quarter came in higher than the industry average of
33.2 percent, and is 43.5 percent higher year over year. As a result, earnings
per share grew by 37.5 percent in the quarter compared to the same period a year
ago. Meanwhile, net income increased by 38.4 percent year over year, rising from
 $335.90 million  to  $464.74 million. The search engine put additional
search-related products and functions, like maps and image recognition in 2012,
and should continue to add functionality and introduce new products moving
forward. 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.investors-alliance.com/r/full_research_report/e98c_BIDU]

--

Computer Sciences Corporation Research Report

IT services firm Computer Sciences Corporation has agreed to sell its Enterprise
Systems Integration unit, a reseller of enterprise hardware and software and a
provider of maintenance services with operations in  Malaysia  and  Singapore,
as part of a transformation effort to rebalance its portfolio of services. The
unit will be sold to a consortium comprising ITOCHU Techno-Solutions and ITOCHU
Corp. for  $90 million  in cash. Earlier this month, CSC scored another
government contract, this time with the US Coast Guard, where the company will
provide support services to the U.S. Department of Homeland Security (DHS). The
company had been previously awarded contracts from other government agencies,
most recently with the US General Services Administration. The Full Research
Report on Computer Sciences Corporation - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/53b7_CSC]

--

Pandora Media, Inc. Research Report

Internet radio service provider Pandora saw its revenue grow 60 percent year
over year in its fiscal Q3, posting  $120 million, with advertising revenue of 
$106.3 million. The remaining 13.7 million was from subscription and other
revenue. GAAP basic and diluted earnings per share were  1 cent  apiece, while
non-GAAP basic and diluted earnings per share were  5 cent  apiece. Meanwhile,
adoption of the service has been growing, with total listener hours up 67
percent to 3.56 billion for the quarter, compared to 2.12 billion for the third
quarter of fiscal 2012. In other news, Pandora announced that its Q4 and full
fiscal year 2013 financial results will be released  March 7, 2013. The company
expects revenue to be in the range of  $422 million to $425 million, with
non-GAAP loss per share expected to be between  6 cents and 9 cents. The Full
Research Report on Pandora Media, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/c2db_P]

--

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SOURCE  Investors-Alliance

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