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Zacks Industry Outlook Highlights: Wilmington Trust Corporation, KeyCorp, Zions Bancorp, Freddie Mac, and Sallie Mae. – Press Releases

Zacks Market Commentaries (June 15th, 2009) Writes:
For Immediate Release

Chicago, IL - June 15, 2009 - Zacks.com releases the latest Industry Outlook. Today's interview is with senior analyst Neena Mishra, who talks about the U.S. Banks Industry, including Wilmington Trust Corporation (WL), KeyCorp (KEY), Zions Bancorp (ZION), Freddie Mac (FRE) and Sallie Mae (SLM).

A synopsis of today's Industry Outlook is presented below. The full article can be read at http://at.zacks.com/?id=2678.

As a result of a rise in charge-offs, the levels of reserve coverage have fallen over the past quarters and the banks will have to make higher provisions in the coming quarters, affecting the profitability. Also, the banks will also continue to take mark-downs in the investment portfolios, further hurting the bottom-line.

Banks with high exposure to housing and Commercial Real Estate loans, like Wilmington Trust Corporation (WL),

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Zacks Earnings Preview: Adobe Systems, Best Buy, Carnival, FedEx and J.M. Smucker. – Press Releases

Zacks Market Commentaries (June 15th, 2009) Writes:

For Immediate Release

Chicago, IL - June 15, 2009 - Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Adobe Systems (ADBE), Best Buy (BBY), Carnival (CCL), FedEx (FDX) and J.M. Smucker (SJM). To see more earnings analysis, visit http://at.zacks.com/?id=3207.

Every day, Zacks.com makes 4 stock picks available, free of charge. To see them, go to http://at.zacks.com/?id=3567.

The Week's Events

We will see initial second-quarter numbers with Adobe Systems (ADBE), Best Buy (BBY), Carnival (CCL), FedEx (FDX) and J.M. Smucker (SJM) reporting this week. Notably missing from the group are the investment bankers, the surviving members of which have changed to traditional calendar quarters.

Though there are five S&P 500 companies reporting, the earnings calendar is

...

Zacks Industry Outlook Highlights: Altria and Reynolds American. – Press Releases

Zacks Market Commentaries (June 12th, 2009) Writes:
For Immediate Release

Chicago, IL - June 12, 2009 - Zacks.com releases the latest Industry Outlook. Today's interview is with senior analyst Steven Ralston, who talks about the Consumer Staples Industry, including Altria (MO) and Reynolds American (RAI).

A synopsis of today's Industry Outlook is presented below. The full article can be read at http://at.zacks.com/?id=2678.

Additional regulation of tobacco products by the U.S. Federal Government is now expected. On June 8, 2009, the U.S. Senate again passed legislation, empowering the U.S. Food and Drug Administration (FDA) to regulate cigarettes and other tobacco products. In the last several years, the House had not passed a similar bill, but in April, the House finally passed a comparable measure, indicating a more stringent regulatory framework for all domestic tobacco companies in the future.

The tobacco companies are losing product liability law suits. In late

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Zacks Industry Outlook Highlights: St. Jude Medical, Baxter, Becton Dickinson, Boston Scientific and Haemonetics. – Press Releases

Zacks Market Commentaries (June 11th, 2009) Writes:
For Immediate Release

Chicago, IL - June 11, 2009 - Zacks.com releases the latest Industry Outlook. Today's interview is with senior analyst Christopher Titus, who talks about the Medical Devices Industry, including St. Jude Medical (STJ), Baxter (BAX) Becton Dickinson (BDX), Boston Scientific (BSX) and Haemonetics (HAE).

A synopsis of today's Industry Outlook is presented below. The full article can be read at http://at.zacks.com/?id=2678.

The medical products industry is very diverse, and some boats sit much higher in low tide than others. Even during recent economic turbulence, many of these names will continue performing well on a financial basis.

Areas within our coverage that should perform well include cardiovascular devices and surgical equipment, blood related products, and associated consumables. The names currently on our BUY list that we believe provide safe vehicles over the coming

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Zacks Industry Rank Analysis Highlights: Texas Instruments, Analog Devices, Cree, Marvell Technology Group, Semtech and S&P Semiconductor SPDR. – Press Releases

Charles Rotblut (June 11th, 2009) Writes:
For Immediate Release

Chicago, IL - June 11, 2009 - Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis include Texas Instruments (TXN), Analog Devices (ADI), Cree (CREE), Marvell Technology Group (MRVL), Semtech (SMTC) and S&P Semiconductor SPDR (XSD).

Zacks Industry Rank Analysis is written by Charles Rotblut, CFA, Senior Market Analyst for Zacks.com.

This Week: Chip Industry Starting to Recover

The chip industry is showing signs of recovery as 3 different sets of data show.

On Monday afternoon, Texas Instruments (TXN) raised its second-quarter guidance. Revenues should total between $2.3 billion to $2.5 billion, versus the previous forecast of $1.95 billion to $2.40 billion. Earnings should be between 14 cents and 22 cents per share, versus the previous forecast of 1 cent to 15 cents.

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Zacks Industry Outlook Highlights: Huntington Bancshares Inc., MGIC Investment Corporation and MBIA Inc. – Press Releases

Zacks Market Commentaries (June 10th, 2009) Writes:
For Immediate Release

Chicago, IL - June 10, 2009 - Zacks.com releases the latest Industry Outlook. Today's interview is with senior analyst Eric Rothmann, who talks about the Financials Industry, including Huntington Bancshares Inc. (HBAN), MGIC Investment Corporation (MTG) and MBIA Inc. (MBI).

A synopsis of today's Industry Outlook is presented below. The full article can be read at http://at.zacks.com/?id=2678.

We suspect that the recent improvement in share prices for financial stocks has gotten a bit ahead of the earnings and growth prospects over the near term. Considering the high level of unemployment and with foreclosures gnawing at prime mortgages, we continue to think the pay-day lenders and pawnbrokers still represent an opportunity, currently.

While improvements have been noted, sightings of "green shoots" in the economy may have resulted in an overzealous response, as we continue to fail to

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Zacks Industry Outlook Highlights: Wyeth, Merck, Schering-Plough, Bristol-Myers and Johnson & Johnson. – Press Releases

Zacks Market Commentaries (June 9th, 2009) Writes:
For Immediate Release

Chicago, IL - June 9, 2009 - Zacks.com releases the latest Industry Outlook. Today's interview is with senior analyst Jason Napodano, CFA, who talks about the Pharmaceuticals & Biotech Industry, including Wyeth (WYE), Merck (MRK), Schering-Plough (SGP), Bristol-Myers (BMY) and Johnson & Johnson (JNJ).

A synopsis of today's Industry Outlook is presented below. The full article can be read at http://at.zacks.com/?id=2678.

M&A activity remains the wildcard for investment in the sector. We have already seen three significant mega-deals so far in 2009, with Pfizer's $62 billion acquisition of Wyeth (WYE) leading the way. Roche's $46 billion takeover of Genentech and Merck's (MRK) $42 billion acquisition of Schering-Plough (SGP) prove that companies are desperately seeking for ways to grow the top-line while cutting-costs all at the same time.

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Zacks Industry Outlook Highlights: General Motors, AutoZone and TRW Automotive. – Press Releases

Zacks Market Commentaries (June 8th, 2009) Writes:
For Immediate Release

Chicago, IL - June 8, 2009 - Zacks.com releases the latest Industry Outlook. Today's interview is with senior analyst Paul Raman, who talks about the Automotive Industry, including General Motors (GMGMQ), AutoZone (AZO) and TRW Automotive (TRW).

A synopsis of today's Industry Outlook is presented below. The full article can be read at http://at.zacks.com/?id=2678.

Earnings are below expectations and have been for some time. Demand for autos is down (35)% due to a weak economy and weakening real estate market. Demand is also hurt by weakening employment. The recent credit crunch is crippling to auto sales, and this has a trickle-down effect throughout the industry.

Furthermore, there is a slowdown of SUV sales, which are 55% of sales (cars are 45%). Imports have also been more competitive, as they tend to have better gas mileage. Costs

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Zacks Earnings Preview: National Semiconductor and The Talbots Inc. – Press Releases

Charles Rotblut (June 8th, 2009) Writes:

For Immediate Release

Chicago, IL - June 8, 2009 - Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes National Semiconductor (NSM) and The Talbots Inc. (TLB). To see more earnings analysis, visit http://at.zacks.com/?id=3207.

Every day, Zacks.com makes 4 stock picks available, free of charge. To see them, go to http://at.zacks.com/?id=3567.

The Week's Events

S&P 500 members Brown Forman (BF.B), National Semiconductor (NSM) and Pall Corporation (PLL) headline what will be a very light earnings calendar. Only 37 companies are confirmed to report.

On the economic front, the Fed will release its periodic Beige Book on Wednesday afternoon. The next morning we will get May retail sales numbers from the Commerce Department.

Tuesday: April wholesale inventories Wednesday: Fed Beige Book, April trade deficit, May treasury budget, ...

Zacks Industry Outlook Highlights: Freeport McMoRan. – Press Releases

Zacks Market Commentaries (June 5th, 2009) Writes:
For Immediate Release

Chicago, IL - June 5, 2009 - Zacks.com releases the latest Industry Outlook. Today's interview is with senior analyst Mario Ricchio, who talks about the Machinery Industry, including Freeport McMoRan (FCX).

A synopsis of today's Industry Outlook is presented below. The full article can be read at http://at.zacks.com/?id=2678.

While the credit crunch and slower economic growth dampens private sector spending, fiscal expenditures appear ready to play a counter-cyclical role. China announced a rather large stimulus package in November.

Also, the U.S Congress passed a stimulus package that President Obama signed on Tuesday, February 17, 2009. The bill contains money that will flow into infrastructure spending. The only issue is the timeframe of the spending. For example, according to CBO estimates, of the $27.5 billion in the budget for highway spending (Title XII - Transportation and Housing and Urban Development Highway

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