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Zacks Analyst Blog Highlights: Dell Inc., Apple Inc., Nokia, Research In Motion and American Dairy Inc. – Press Releases

Zacks Market Commentaries (November 17th, 2009) Writes:

For Immediate Release

Chicago, IL – November 17, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Dell Inc. (DELL), Apple Inc. (AAPL), Nokia (NOK), Research In Motion (RIMM) and American Dairy Inc. (ADY).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Monday’s Analyst Blog:

Dell’s Smartphone Strategy

Dell Inc. (DELL), one of the world’s leading computer manufacturer, has decided to start manufacturing its smartphone device. The company has zeroed in on Brazil as the first manufacturing destination and chosen Claro as its carrier partner in the region. Dell will also

...

Dell’s Smartphone Strategy – Analyst Blog

Zacks Market Commentaries (November 16th, 2009) Writes:

Dell Inc. (DELL), one of the world’s leading computer manufacturer, has decided to start manufacturing its smartphone device. The company has zeroed in on Brazil as the first manufacturing destination and chosen Claro as its carrier partner in the region. Dell will also be manufacturing the device in China and partner with China Mobile in that region. The phone will be using the Google Android operating system.   Dell’s entry into the smartphone segment looks like a logical progression, as the company is already manufacturing and rolling out reasonably priced netbooks in the market. However, Dell is a late entrant into the market, unlike its peer Apple Inc. (AAPL), which has already grabbed a large share through smartphones such as iPhone 3G and iPhone 3GS.

As per the technology research firm Canalys, third quarter 2009 worldwide smartphone shipments grew 4% year on year, to 41.4 million units.  As

...

Company News for November 13, 2009 – Corporate Summary

Zacks Market Commentaries (November 13th, 2009) Writes:

• Intel (NASDAQ:INTC) agreed to pay Advanced Micro Devices (NYSE:AMD) $1.25 billion to settle a private antitrust lawsuit

• Dell (NASDAQ:DELL) announced plans to enter the smartphone business, in partnership with China Mobile and Claro. Its first product, the Mini 3, will be designed around Google's (NASDAQ:GOOG) Android operating system

• Disney (NYSE:DIS) reported fiscal fourth quarter results after yesterday's close, with earnings ex-items coming in 5 cents a share better-than-expected at 46 cents. Revenues of $9.87 billion came in well ahead of Zacks estimates of $9.18 billion

• McDonald's (NYSE:MCD) addressed its plans to open 1,000 additional restaurants next year, and provide an image makeover to the rest.  The firm set targets for average annual sales growth of 3-5% and average annual operating earnings growth of 6-7%

• Abercrombie and Fitch (NYSE:ANF) reported third quarter non-GAAP earnings of 30 cents a share, well above Zacks estimates of 20 cents, as revenues of $765.4

...

Google’s Android Takes a Bite Out of Apple

QualityStocks (November 6th, 2009) Writes:

Even during the worldwide recession it seems consumers continue to abandon ‘dumb’ phones when, for just a little bit more money, they can get a pocket-sized computer – a smartphone – instead. According to research firm Gartner, overall handset sales are expected to shrink by 4 percent this year compared to last year. Meanwhile, smartphone sales are forecast to grow by more than 20 percent.

Smartphones account for only 14 percent of the mobile phone market today, but this segment has doubled its share of the global mobile phone business over the past three years. More than 500 million smartphones are expected to be sold in 2012 when they are forecasted to make up half the market. Revenues from smartphones are expected to double to half the industry total by 2014.

With the smartphone market being really the only game in town, the intensity of the battle for the smartphone market is

...

Company News for November 6, 2009 – Corporate Summary

Zacks Market Commentaries (November 6th, 2009) Writes:

• Starbucks (NASDAQ:SBUX) reported fourth quarter earnings of 24 cents a share, up from last year's 10 cents, above Zacks estimates of 21 cents, as revenues dropped 3.7% to $2.42 billion. The firm raised its 2010 guidance to 15-20% earnings growth from prior guidance of 13-18% growth

• Hyatt Hotels (NYSE:H) shares gained 12% on their NYSE debut.  The company sold 38 million shares at $25 per share

• JP Morgan (NYSE:JPM) lifted its price target on Ford (NYSE:F)

• The smartphone marketplace will watch today's launch of Verizon's (NYSE:VZ) much-heralded new "Droid" launch, using Google's (NASDAQ:GOOG) Android operating system

• AIG (NYSE:AIG) reported third quarter earnings of $2.85 ex-items

• Bernstein upgraded General Electric (NYSE:GE) and Amazon.com (NASDAQ:AMZN) shares

• JP Morgan (NYSE:JPM) upgraded Macy's (NYSE:M) shares

• Deutsche Bank (NYSE:DB) upgraded Blue Nile (NASDAQ:NILE) shares, lifting the price target from $30 to $50

Zacks Investment Research

Sprint Posts Bigger Loss – Analyst Blog

Zacks Market Commentaries (October 29th, 2009) Writes:
Sprint Nextel (S) reported third-quarter 2009 results with net loss per share of 17 cents, exceeding the Zacks Consensus Estimate of 15 cents and the year-ago loss per share of 11 cents. The third-largest US wireless carrier posted a net loss of $478 million, 47% more than the net loss of $326 million reported a year ago. Sprint remains significantly challenged by the volatile economic backdrop, which has contributed to the sustained decline in the wireless subscriber base and associated revenues. Operating revenue fell 9% year over year to $8 billion due to lower contributions from its wireline and post-paid wireless businesses. The company reported adjusted OIBDA of $1.5 billion for the quarter, down 17% year over year, due to decreased operating revenue partly offset by lower SG&A expenses. Wireless Consolidated revenue from the wireless segment was $6.9 billion, down 8% year over year, ...

China Mobile Boosting 3G – Analyst Blog

Zacks Market Commentaries (October 16th, 2009) Writes:
Chinese wireless giant China Mobile (CHL) is reportedly planning to spend more on 3G terminal subsidies in 2010. The company has tripled the amount of subsidies from the current year level and is expected to spend up to RMB30 billion (US$4.4 billion) next year. This move will enable the company to better compete with its Chinese peers in the domestic 3G space. China Mobile remains the leading player in the Chinese wireless market with 70% market share and more than 500 million subscribers. However, the company’s share of the new subscribers has dropped recently due to stiff competition from China Unicom (CHU) and the relatively new wireless player China Telecom (CHA) as they both operate internationally acclaimed 3G standard based networks. Leveraging its home-grown TD-SCDMA 3G standard, China Mobile launched its 3G network in early 2009, already covering 38 Chinese cities. The company currently ...

Zacks Bull and Bear of the Day Highlights: Amphenol Corporation, Palm, United States Steel Corporation, Cliffs Natural Resources Inc. and ArcelorMittal – Press Releases

Zacks Market Commentaries (October 13th, 2009) Writes:

For Immediate Release

Chicago, IL – October 13, 2009 – Zacks Equity Research highlights Amphenol Corporation (APH) as the Bull of the Day and Palm (PALM) the Bear of the Day. In addition, Zacks Equity Research provides analysis on United States Steel Corporation (X), Cliffs Natural Resources Inc. (CLF) and ArcelorMittal (MT).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676

Here is a synopsis of all five stocks:

Bull of the Day:

Amphenol Corporation (APH) is scheduled to release its fiscal Q3 results on October 15. The company stated that though the economic environment remains uncertain, there was a stabilization of demand in most markets.

We remain optimistic about Amphenol's long-term growth prospects in the mobile devices business. Demand for mobile phones remains strong. Beyond mobile phones, the company continues to expand the use of its products into fast

...

Palm, Inc. (PALM) – Bear of the Day

Zacks Market Commentaries (October 13th, 2009) Writes:
Although demand for Palm's (PALM) Pre smartphone is growing, it is still selling a small fraction of Pre phones to smart-phones users and, in our opinion, most of them are already existing Palm customers.

We still expect the stock to underperform the market as RIMM and AAPL continue to expand market share, and phones based on the Android operating system enter the market.

We believe the maturing lifecycle of Centro, the slow ramp of its Windows Mobile-based product sales, and the time taken to add carriers to distribute its Treo products in the U.S. and global markets will continue to exert pressure on revenue and earnings.Zacks Investment Research

Zacks Analyst Blog Highlights: Dell Inc., Google, AT&T, Apple Inc. and Research In Motion – Press Releases

Zacks Market Commentaries (October 12th, 2009) Writes:

For Immediate Release

Chicago, IL – October 12, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Dell Inc. (DELL), Google (GOOG), AT&T (T), Apple Inc. (AAPL) and Research In Motion (RIMM).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Friday’s Analyst Blog:

Dell to Try Smartphone

Dell Inc. (DELL) is planning to enter the smartphone business. The renowned personal computer (PC) manufacturer is planning to launch a smartphone, which will run on Google’s (GOOG) Android mobile software and will be connected through telecom giant AT&T’s (T)

...

Newsletter

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