Arris Group Inc. (ARRS) recently declared third quarter 2009 financial results. Quarterly total revenue of $275.8 million was down approximately 7.3% year-over-year and down 1% sequentially. However, it was better than the Zacks Consensus Estimate of $274 million.  The decline in revenue was the result of a lukewarm demand in all the three product segments of the company due to economic slowdown, partially offset by strong demand for DOCSIS 3.0 CMTS products.  On a GAAP basis, net earnings in the quarter were $21.7 million or 17 cents per share compared to a net income of $24.1 million or 19 cents per share in the prior-year quarter and a net income of $22.9 million or 18 cents per share in the previous quarter. Adjusted net income (excluding special items) in the reported quarter was $29.3 million or 23 cents per share, in line with the Zacks Consensus ...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Alliance Healthcare Services Inc (AIQ) Arris Group Inc (ARRS) Michael Baker Corp (BKR) Beacon Roofing Supply Inc (BECN) Central Valley Community Bancorp (CVCY) Ciber Inc (CBR) Community Trust Bancorp Inc (CTBI) Computer Programs & Systems Inc (CPSI) Courier Corp (CRRC) CRM Holdings Ltd (CRMH) CryptoLogic Ltd (CRYP) Delek US Holdings Inc (DK) DemandTec Inc (DMAN) Dover Downs Gaming & Entertainment Inc (DDE) First Security Group Inc (FSGI) Gartner Inc (IT) ...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

American Commercial Lines Inc (ACLI) Arris Group Inc (ARRS) Associated Banc-Corp (ASBC) Astec Industries Inc (ASTE) Badger Meter Inc (BMI) Banner Corp (BANR) Beacon Roofing Supply Inc (BECN) Brunswick Corp (BC) C&D Technologies Inc (CHP) Capital Product Partners LP (CPLP) Capitol Federal Financial (CFFN) Ciber Inc (CBR) CIT Group Inc (CIT) Copano Energy LLC (CPNO) Crucell NV (CRXL) CryptoLogic Ltd (CRYP) Empresa Brasileira de Aeronautica SA (ERJ) ...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Alexandria Real Estate Equities Inc (ARE) American Commercial Lines Inc (ACLI) Ameren Corp (AEE) Arris Group Inc (ARRS) Assisted Living Concepts Inc (ALC) Astec Industries Inc (ASTE) Blackrock Kelso Capital Corp (BKCC) CapLease Inc (LSE) Cascade Bancorp (CACB) Cheniere Energy Inc (LNG) Ciber Inc (CBR) Community Trust Bancorp Inc (CTBI) EnPro Industries Inc (NPO) Evergreen Solar Inc (ESLR) Fair Isaac Corp (FICO) First Industrial Realty Trust Inc (FR) ...

Struggling mobile phone maker Motorola Inc (MOT) is sailing through nicely with its Broadband Mobility (consisting of Home & Network Mobility and Enterprise Mobility segments) businesses. On Sept. 29, Cincinnati Bell Inc. (CBB) has selected Motorola's gigabit passive optical network (GPON), edge modulation, encryptor and encoding solutions for deployment in its fiber network. Motorola’s GPON solution will enable Cincinnati Bell to deliver next-generation video technologies including high-definition TV (HDTV), video-on-demand (VOD) and standard definition television programming. On Sept. 22, Middleburgh Telephone Company selected Motorola's gigabit passive optical network (GPON) to enable the delivery of rich, personalized media experiences to its subscribers. Motorola solutions inherently support SCTE-55-1, or Motorola RF return path functionality, for easy integration with its RF set-tops and head-end equipment. On Sept. 21, Motorola was awarded a contract to supply EuroDOCSIS 3.0 digital video modems to UPC Broadband for its pan-European network. ...

Recently, Motorola Inc (MOT) was awarded a contract to supply EuroDOCSIS 3.0 digital video modems to UPC Broadband for its pan-European network. UPC Broadband is the European division of Liberty Global Inc (LBTYA), the largest cable TV operator in Europe.  Using Motorola’s SBV6120E EuroDOCSIS 3.0 voice and data solution, UPC will deliver high-speed (120 Mbps) data and IP voice and services to its customers in The Netherlands, Austria, Czech Republic, Hungary, Slovakia and Switzerland. The SBV6120E is part of Motorola's complete portfolio of bandwidth-expanding EuroDOCSIS 3.0-certified technologies.  EuroDOCSIS 3.0 standard is based on 8 MHz channels whereas U.S. DOCSIS 3.0 standard is based on 6 MHz channels. Motorola’s DOCSIS 3.0 solutions enable cable operators to cost-effectively introduce new value-added services, increase bandwidth for feature-rich services, generate higher return on investment, and increase revenues.  Although the financial terms of this contract haves not been disclosed, ...

Arris Group Inc. (ARRS) has decided to acquire the privately held Digeo Inc., including its intellectual property portfolio, for a total consideration of approximately $20 million in cash.  Digeo is a pure-play interactive television (iTV) that has diversified its operations into digital video recorder (DVR) and interactive program guide (IPG) market after its merger with Moxi Digital Inc in 2002. The company’s flagship product Moxi(r) HD DVR is a premium hub for home distribution of digital entertainment.  The deal is expected to be closed in the fourth quarter of 2009. Purchase of Digeo together with the recent acquisition of patents and video processing technology for digital network of EG Technology Inc will significantly strengthen Arris’ combined portfolio of digital video networking and multimedia services delivery platform.  Acquisition of these valuable video processing assets will give Arris an edge in this industry, which is very competitive. ...

ADC Telecommunications Inc. (ADCT) has decided to assist rural telecom service providers in preparing their applications for the Broadband Stimulus funds through the Rural Utilities Service (RUS) program.

The company recently formed a Rural Carrier User Group to coordinate with several carriers, broadband consultants and engineering firms to exchange information and develop new ideas for emerging FTTP deployments. The American Reinvestment & Recovery Act (ARRA) contains provisions that encourage telecom operators to apply for grants, loans and guarantees to assist them in deploying un-served and under-served communities for broadband access.

The Broadband Stimulus Program has received significant acceptance among rural carriers. Out the total allotment of $7.2 billion, the first round will inject $4 billion into the industry. Yesterday, National Telecommunications and Information Administration said it had received about $28 billion in bids from various telecom service providers for the first round of stimulus fund.

ADC Telecommunications is

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For Immediate Release

Chicago, IL – August 27, 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: Arris Group Inc. (ARRS), Cisco System (CSCO), Motorola (MOT), Comcast Corp. (CMCSA) and Time Warner Cable Inc. (TWC).

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 Wednesday’s Analyst Blog:

Arris Leads CMTS Market

Arris Group Inc. (ARRS) has become the world leader of the Cable Modem Termination System (CMTS) market. According to a recent report of Infonetics Research, Arris achieved this milestone for the first time in its history during the second quarter. The

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Arris Group Inc. (ARRS) has become the world leader of the Cable Modem Termination System (CMTS) market. According to a recent report of Infonetics Research, Arris achieved this milestone for the first time in its history during the second quarter. The CMTS market is highly competitive as large broadband gear makers like Cisco System (CSCO) and Motorola (MOT) are also major players. Arris always remains a strong contender for the North American market, but globally it performs poorly compared to its peers.

Arris has established a solid foothold in the rapidly growing CMTS market. The prime reason for this is the aggressive roll-out of DOCSIS 3.0 technology by cable MSOs. As a result of DOCSIS 3.0 implementation, downstream port shipment increased 9% globally during the second quarter compared to the previous quarter. At present, Arris commands approximately 47% of the global CMTS market having taken over the leadership

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