Zacks Investment Research - Analyst Blog back issues from June 2009:
GM Files for Bankruptcy - Analyst Blog
Jun 01, 2009; ...GM Files for Bankruptcy - Analyst Blog It will be the largest industrial bankruptcy in U.S. history and the fourth-largest overall. In exchange for a 60 percent stake, the federal government would provide an additional $30 billion to General ...
Financial Boards to Get Makeovers - Analyst Blog
Jun 01, 2009; ...Financial Boards to Get Makeovers - Analyst Blog In late April 2009, less-than-pleased shareholders of Bank of America ( BAC ) stripped its Chief Executive Ken Lewis of his chairman's ...
Snap-on Has Got the Tools - Analyst Blog
Jun 01, 2009; ...Snap-on Has Got the Tools - Analyst BlogSnap-on ( SNA ) announced the official opening of its Innovation Works facility in Kenosha, Wisconsin. The new 15,000 square foot facility has a ...
GM & Citi Replaced on the Dow - Analyst Blog
Jun 01, 2009; ...GM & Citi Replaced on the Dow - Analyst BlogNew Dow Components: Cisco & Travelers The Dow Jones editorial board, which runs the Dow Jones ...
Evergreen Solar In Depth - Analyst Blog
Jun 01, 2009; ...Evergreen Solar In Depth - Analyst BlogEvergreen Solar - ROE & FCFE Analysis The growth potential of the solar industry as a whole -- and Evergreen Solar ...
Bullish on Biogen Idec - Analyst Blog
Jun 01, 2009; ...Bullish on Biogen Idec - Analyst Blog At 12.6x our 2009 EPS of $4.10 per share, we believe that Biogen Idec's ( BIIB ) stock is too attractive to ignore. This is below the biotech ...
Citigroup Moves Up Morgan JV - Analyst Blog
Jun 01, 2009; ...Citigroup Moves Up Morgan JV - Analyst BlogHow the Mighty Have Fallen (But Still Scratch to Stay in the Room) Early today, two venerable names of the Dow Jones Industrial Average -- <span ...
Buy Vertex Pharma Below $25 - Analyst Blog
Jun 01, 2009; ...Buy Vertex Pharma Below $25 - Analyst BlogVertex Pharmaceuticals, Inc. ( VRTX ) represents an attractive long-term opportunity based on the potential blockbuster sales of telaprevir ...
Still Think the Market Is Efficient? - Analyst Blog
Jun 01, 2009; ...Still Think the Market Is Efficient? - Analyst Blog Usually it is impossible to know how much a stock is really "worth," as opposed to its current trading value. Yes, analysts devote lots of time and effort in trying to figure out if a stock is "undervalued" or "overvalued," ...
Statoil Settling at Current Levels - Analyst Blog
Jun 02, 2009; ...Statoil Settling at Current Levels - Analyst BlogStatoilHydro ASA ( STO ) is a Norway-based major international integrated oil and gas company. The company emerged in its present shape ...
Can Cell Therapeutics' Rally Last? - Analyst Blog
Jun 02, 2009; ...Can Cell Therapeutics' Rally Last? - Analyst BlogSurge of CTIC on PIX301 Trial Data: Sustainable? <span ...
GOOG's Android to Break Windows? - Analyst Blog
Jun 02, 2009; ...GOOG's Android to Break Windows? - Analyst Blog Bloomberg reports this morning that Google's ( GOOG ) successful smartphone operating system known as Android will be featured on ...
Cautious on The Medicines Company - Analyst Blog
Jun 02, 2009; ...Cautious on The Medicines Company - Analyst Blog In mid-May 2009, The Medicines Company ( MDCO ) announced that an interim analysis review committee (IARC), along with the data safety ...
Brazilian Real Passes $2.00 U.S. - Analyst Blog
Jun 02, 2009; ...Brazilian Real Passes $2.00 U.S. - Analyst Blog As we expected, yesterday the Brazilian real went through the psychological barrier of BRL/US$ 2.00 without major problems. The continued acquisitions of dollars by the Brazilian Central Bank were not strong enough to ...
Banks Seek Cash to Avoid TARP - Analyst Blog
Jun 02, 2009; ...Banks Seek Cash to Avoid TARP - Analyst BlogBanks Rush to Raise Capital as Fed Announces New Conditions to Exit TARP Yesterday evening, the Federal Reserve announced the criteria that it will use ...
Retail - Q1 Recap, Q2 Outlook - Analyst Blog
Jun 02, 2009; ...Retail - Q1 Recap, Q2 Outlook - Analyst Blog Most retailers have reported first quarter results.Investor expectations were at extreme lows coming into 2009, and retailers were able to beat those low expectations. This enabled retail stocks to outperform the ...
REITs Continue Their Run - Analyst Blog
Jun 02, 2009; ...REITs Continue Their Run - Analyst Blog REITs continued their run in May, increasing about 3%. Quarter-to-date, REITs are up over 33%, mostly due to an April rally. REITs are still down about 8% for the year. REITs have recovered due to several factors: 1) The ...
Altera Doesn't Raise Guidance - Analyst Blog
Jun 02, 2009; ...Altera Doesn't Raise Guidance - Analyst BlogAltera Corp. ( ALTR , Buy) issued its mid-quarter update for Q2, ending in June, yesterday. Judging from the share-price performance so far ...
Texas Instruments Off the Bottom - Analyst Blog
Jun 02, 2009; ...Texas Instruments Off the Bottom - Analyst BlogTexas Instruments , or TI ( TXN ), is one of the largest suppliers of analog and DSP integrated circuits. March quarter results exceeded ...
DeVry Replaces GM on S&P - Analyst Blog
Jun 02, 2009; ...DeVry Replaces GM on S&P - Analyst Blog Standard & Poor's announced yesterday that DeVry Inc. ( DV ) will replace General Motors (<a ...
Oclaro Up Ahead of Call - Analyst Blog
Jun 02, 2009; ...Oclaro Up Ahead of Call - Analyst BlogOclaro Inc.: Awaiting Business Overview Shares of Oclaro Inc. (<a ...
PBG Guidance Upped for Buyout? - Analyst Blog
Jun 03, 2009; ...PBG Guidance Upped for Buyout? - Analyst BlogPepsi Bottling Group ( PBG ) raised guidance for full-year 2009 earnings for the second time this year. Initially, Pepsi Bottling ...
Aetna Drops Guidance 30 Cents - Analyst Blog
Jun 03, 2009; ...Aetna Drops Guidance 30 Cents - Analyst BlogFY09 EPS guidance revised downwards <span style="font-weight: ...
Sepracor Supported at Current Level - Analyst Blog
Jun 03, 2009; ...Sepracor Supported at Current Level - Analyst Blog Business fundamentals at Sepracor ( SEPR ) have been poor over the past several quarters. Lunesta growth disappointed throughout 2008 ...
Chinese Steel & Brazilian Iron - Analyst Blog
Jun 03, 2009; ...Chinese Steel & Brazilian Iron - Analyst Blog Negotiations of iron ore prices between Chinese steel makers and the three big mining companies -- Vale ( VALE ), <span ...
Car Sales Stay Weak in May - Analyst Blog
Jun 03, 2009; ...Car Sales Stay Weak in May - Analyst Blog Auto sales were very weak in the month of May, but this is a continuation of an ongoing trend. Overall sales were down 34% in the month. Ford (<a ...
Tessera Reaps from Latest Win - Analyst Blog
Jun 03, 2009; ...Tessera Reaps from Latest Win - Analyst BlogTessera sees quick results; expect more Two weeks ago we blogged on the Tessera (<a ...
GameStop Getting Played Out? - Analyst Blog
Jun 03, 2009; ...GameStop Getting Played Out? - Analyst BlogGameStop ( GME ) shares sold-off about 6% on Tuesday due to concerns that the world's largest video game retailer is quickly becoming the next ...
Valero Energy Loses Money - Analyst Blog
Jun 03, 2009; ...Valero Energy Loses Money - Analyst BlogValero Energy ( VLO ) guided towards a $0.50 per share loss in the second quarter of 2009 due to a very weak operating environment and longer ...
Verifone Beats Q2 Estimates - Analyst Blog
Jun 03, 2009; ...Verifone Beats Q2 Estimates - Analyst BlogVerifone Holdings: Q2 Beat, Flat Q3 Expected Shares of Verifone Holdings (<a ...
Bernanke Testimony Translated - Analyst Blog
Jun 03, 2009; ...Bernanke Testimony Translated - Analyst Blog When the Chairman of the Fed testifies before Congress, it is always a good idea to pay attention. Even if you do not agree with his assessment of the economy, it is an important insight into what the Fed is likely to be doing in ...
The Commercial Loan Disconnect - Analyst Blog
Jun 03, 2009; ...The Commercial Loan Disconnect - Analyst BlogCommercial Loan Bid & Ask Disconnect Continue It appears financial institutions are ...
Yield Curve: Green-Shoot? Weed? - Analyst Blog
Jun 03, 2009; ...Yield Curve: Green-Shoot? Weed? - Analyst Blog The yield curve has recently become extremely steep. While there are many ways to measure the curve, the graph below is based on comparing the 10-year T-note with the one-year bill. The conventional way to measure the ...
Oil Takes Stock of Crude Realities - Analyst Blog
Jun 03, 2009; ...Oil Takes Stock of Crude Realities - Analyst Blog After back-to-back inventory drawdowns over the last three weeks that had slowly started to eat into oil's multi-year inventory overhang, we got an unexpected inventory build today. Oil's impressive recent gains -- the ...
GM Bankruptcy Update - Analyst Blog
Jun 03, 2009; ...GM Bankruptcy Update - Analyst BlogGeneral Motors ( GM ) has gone through its first couple days in bankruptcy. The main issue was for $33 billion in funding from the US Government being ...
Arrow Falls on Narrowed Outlook - Analyst Blog
Jun 03, 2009; ...Arrow Falls on Narrowed Outlook - Analyst BlogArrow Electronics Narrows Q2 Outlook Shares of Arrow ...
Coca-Cola Remains a Hold - Analyst Blog
Jun 04, 2009; ...Coca-Cola Remains a Hold - Analyst Blog Headquartered in Atlanta, Georgia, The Coca Cola Co. ( KO ) is the largest global producer and marketer of soft drink concentrates and syrups.<br ...
Update on ViroPharma - Analyst Blog
Jun 04, 2009; ...Update on ViroPharma - Analyst BlogFDA Issues Complete Response Letter for Cinryze in Acute HAE On June 3, 2009, the U.S. FDA issued a complete response letter (CRL) relating to <span ...
Churchill Downs Breaks Ground - Analyst Blog
Jun 04, 2009; ...Churchill Downs Breaks Ground - Analyst BlogChurchill Downs Incorporated ( CHDN ) has broken ground on a slots and gaming facility at its Calder Race Course property in Miami, Florida ....
Maxim Navigates the Analog Space - Analyst Blog
Jun 04, 2009; ...Maxim Navigates the Analog Space - Analyst BlogManufacture of analog products has certain inherent advantages Analog products do not require leading edge manufacturing ...
Jobless Claim Data Mixed - Analyst Blog
Jun 04, 2009; ...Jobless Claim Data Mixed - Analyst Blog Initial claims for unemployment are an extremely important indicator for the future direction of the economy, particularly the 4-week moving average. This indicator continues to give mixed signals. This week there were ...
Q1 More Productive - Analyst Blog
Jun 04, 2009; ...Q1 More Productive - Analyst Blog Productivity is the ultimate determinate of our standard of living. If real GDP rises, but does so at less than the rate of population growth, then per capita GDP will fall. In the short term, it can be affected by changes in the proportion ...
Another Rough Week For Hotels - Analyst Blog
Jun 04, 2009; ...Another Rough Week For Hotels - Analyst Blog Weekly average hotel room rates fell to their lowest level of the year last week, according to data from Smith Travel Research, Inc. Given the ongoing deterioration in operating fundamentals, we reiterate our negative outlook on ...
Duke Realty Faces Headwinds - Analyst Blog
Jun 04, 2009; ...Duke Realty Faces Headwinds - Analyst Blog We maintain our Hold rating on Duke Realty ( DRE ), the 2nd largest mixed office/industrial REIT in the US. The company, formerly a large ...
Merge Healthcare Upped from Sell - Analyst Blog
Jun 04, 2009; ...Merge Healthcare Upped from Sell - Analyst Blog In our most recent report on Merge Healthcare ( MRGE ), we upgraded the stock to a HOLD based upon the improved outlook for medical ...
Energy Conversion Energized - Analyst Blog
Jun 04, 2009; ...Energy Conversion Energized - Analyst BlogOptimistic about Energy Conversion Devices We remain optimistic about <span style="font-weight: ...
Mitsubishi UFJ Announces Losses - Analyst Blog
Jun 04, 2009; ...Mitsubishi UFJ Announces Losses - Analyst BlogMitsubishi UFJ Financial Group, Inc. ( MTU ) reported a fiscal year (March 31) loss of ¥271 billion versus ¥629 ...
Retailers Facing Tough Comps - Analyst Blog
Jun 04, 2009; ...Retailers Facing Tough Comps - Analyst Blog According to the International Council of Shopping Centers (ICSC), US chain store sales for May fell by 4.6%. The ICSC had expected May sales to be drop 3%. Additionally, the 25 retailers that we track experienced a sales drop of ...
B of A News Items Spell Problems - Analyst Blog
Jun 05, 2009; ...B of A News Items Spell Problems - Analyst Blog On Thursday June 4, 2009, several news items hit the tape which raise some concerns for Bank of America ( BAC ) over the near term ...
Big, Positive Surprise in Jobs Data - Analyst Blog
Jun 05, 2009; ...Big, Positive Surprise in Jobs Data - Analyst BlogMay Job Loss Shockingly Much Lower Than Forecast Just 345,000 jobs were lost last month, the smallest decline since last September. The ...
More CRE Mortgages Going Bad - Analyst Blog
Jun 05, 2009; ...More CRE Mortgages Going Bad - Analyst BlogCRE mortgage delinquencies on the riseIf you didn't have enough, here is more evidence that commercial real estate continues to deteriorate.It is no ...
Petrobras Confirms Tupi Potential - Analyst Blog
Jun 05, 2009; ...Petrobras Confirms Tupi Potential - Analyst Blog Yesterday Petrobras ( PBR ) announced that the drilling of an additional well in the Tupi area has further confirmed estimates of a ...
Raising MannKind to Hold - Analyst Blog
Jun 05, 2009; ...Raising MannKind to Hold - Analyst BlogMNKD: Upgraded to Hold from Sell We upgrade MannKind Corp. ...
Another Merck Pipeline Setback - Analyst Blog
Jun 05, 2009; ...Another Merck Pipeline Setback - Analyst BlogAnother Pipeline Setback For Merck This morning Merck & Co. (<a ...
How Unemployment Breaks Down - Analyst Blog
Jun 05, 2009; ...How Unemployment Breaks Down - Analyst Blog Unemployment his some groups harder than othersThe monthly jobs report was much better than expected. I will not go over the basic headline numbers, but <a ...
Lattice Semi with Margin Issues - Analyst Blog
Jun 05, 2009; ...Lattice Semi with Margin Issues - Analyst BlogStill battling hard, but we worry on margin growth<span ...
Rio Tinto Walks Away from Deal - Analyst Blog
Jun 05, 2009; ...Rio Tinto Walks Away from Deal - Analyst BlogRio Tinto walks away from Chinalco; launches a rights offeringRio ...
Bank of Ireland Misses Ests - Analyst Blog
Jun 05, 2009; ...Bank of Ireland Misses Ests - Analyst BlogThe Governor and Company of the Bank of Ireland ( IRE , or BOI) reported full-year 2009 (March 31, 2009) net earnings before nonrecurring items ...
Patni Outlook & the BPO Market - Analyst Blog
Jun 05, 2009; ...Patni Outlook & the BPO Market - Analyst BlogPatni Computers - Moving Ahead of Fundamentals? Shares of Patni Computers (<a ...
SIA Looks for Rebound in 2010 - Analyst Blog
Jun 05, 2009; ...SIA Looks for Rebound in 2010 - Analyst Blog2009 off 21.3%; April shows strength On June 5th, the Semiconductor Industry Association (SIA) released its annual mid-year forecast projecting worldwide sales ...
Penske Automotive Buys Saturn - Analyst Blog
Jun 08, 2009; ...Penske Automotive Buys Saturn - Analyst BlogPENSKE AUTOMOTIVE BUYS SATURNPenske Automotive (<a ...
Euroseas Down But Still Afloat - Analyst Blog
Jun 08, 2009; ...Euroseas Down But Still Afloat - Analyst Blog In 2009's first quarter, Euroseas Ltd. ( ESEA ) posted diluted EPS before nonoperating items of $0.06, down 85% from the $0.43 earned in ...
High-Profile Hotel Default - Analyst Blog
Jun 08, 2009; ...High-Profile Hotel Default - Analyst Blog Last night, Sunstone Hotel Investors ( SHO ) announced that the company would turn over its W San Diego hotel property to its lenders, as opposed to making its ...
Long-Term Unemployment Effects - Analyst Blog
Jun 08, 2009; ...Long-Term Unemployment Effects - Analyst Blog OK, maybe I am flogging a dead horse here, but I think that the increasing length of unemployment is one of the most significant features of this recession versus previous ones. The blue graph below shows the ...
Micromet's Favorable Trial Results - Analyst Blog
Jun 08, 2009; ...Micromet's Favorable Trial Results - Analyst BlogPositive interim data from phase 2 clinical trials of lead drug candidate MT103 <span style="font-weight: ...