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Zacks Analyst Blog Highlights: UTX Corp., Comerica Inc., Brinker International, Regions Financial Corp. and Forest Laboratories, Inc. – Press Releases

Zacks Market Commentaries (April 23rd, 2009) Writes:
For Immediate Release

Chicago, IL - April 23, 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: UTX Corp. (UTX), Comerica Inc. (CMA), Brinker International (EAT), Regions Financial Corp. (RF) and Forest Laboratories, Inc. (FRX).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Wednesday's Analyst Blog:

UTX Revenues Down 12+%

UTX Corp. (UTX) released Q1-09 results today. Revenues of $12.2 billion were down 12.2% from $14.0 billion last year (which, in turn, was adjusted upward by $257 million at Pratt & Whitney) for collaborative arrangements per EITF Issue

...

Brinker Customer Traffic Down – Analyst Blog

Zacks Market Commentaries (April 21st, 2009) Writes:

Brinker: Sustainability of Margin Expansion in Doubt Brinker International (EAT) reported earnings today for fiscal 3Q09 ending March 25, adding more color to its preliminary results posted on April 6. In line with its earlier release, the international casual dining operator said that earnings before one-time items jumped to $0.45 per share in FY 3Q09 from $0.33 in FY 3Q08. The year-ago earnings exclude Macaroni Grill, which was sold in December 2008. Comp sales sank 5.6% (Chili’s -5.2%, On The Border -5.0%, Maggiano’s -9.5%), as customer traffic dropped in all three of the company’s concepts. Offsetting sagging same-store sales in the quarter were substantial reductions in food, labor and pre-opening costs as a percentage of sales, driven by efficiency improvements and menu price increases. These more than offset commodity prices, which continued to rise on a year-over-year basis. Taking a page from the

...

Zacks Analyst Blog Highlights: International Business Machines, Sun Microsystems, Inc., Microsoft, Darden Restaurants, and Community Health Systems, Inc. – Press Releases

Zacks Market Commentaries (March 19th, 2009) Writes:
For Immediate Release

Chicago, IL – March 19, 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: International Business Machines (IBM), Sun Microsystems, Inc. (JAVA), Microsoft (MSFT), Darden Restaurants (DRI) and Community Health Systems, Inc. (CYH).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Wednesday's Analyst Blog:

IBM-Sun Deal A Desperate Move

The Wall Street Journal is reporting that International Business Machines (IBM) has made a $6.5 billion offer to buy Sun Microsystems, Inc. (JAVA) at a 100% premium over its closing price yesterday, with a

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Darden Lifts Restaurant Stocks – Analyst Blog

Zacks Market Commentaries (March 18th, 2009) Writes:
Highlights include Darden Restaurants, Inc. (DRI), Red Robin Gourmet Burgers (RRGB), California Pizza Kitchen (CPKI), Cheesecake Factory (CAKE) and Brinker International (EAT).The latest financial results from Darden Restaurants (DRI) reflect the durability of strong brands and superior management, even in a recession.Darden shares are surging 17% today after the casual dining operator reported fiscal 3Q09 earnings last night that were not as bad as expected, and dramatically improved its earnings guidance. EPS from continuing operations slid 2.5% to $0.78 in the quarter ended February 22, 2009, from $0.80 in the year-ago quarter.Results improved throughout the quarter. In turn, management now expects EPS, adjusted for one-time items, in fiscal 2009 ending in May to be flat to down 3% from fiscal 2008 -- a dramatic improvement from prior guidance of a 5% to 10% drop.Darden's combined ...

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