Zacks Analyst Blog Highlights: Macy’s Inc., Nissan, Priceline.com, General Electric Co. and United Technologies Corp. – Press Releases
Zacks Market Commentaries (November 12th, 2009) Writes:
For Immediate Release
Chicago, IL – November 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: Macy’s Inc. (M), Nissan (NSANY), Priceline.com (PCLN), General Electric Co. (GE) and United Technologies Corp. (UTX).
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Here are highlights from Wednesday’s Analyst Blog:
Macy’s Raises Earnings Guidance
Macy’s Inc. (M) recently reported third-quarter 2009 results. The company posted a loss of 3 cents a share that outshined the Zacks Consensus Estimate loss of 9 cents, and improved substantially from a loss of 8 cents delivered in the prior-year quarter.
Effective
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![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)



NOT A PROMISING START
When did everything get so predictable? October is supposed to be rough and this is not the kind of start bulls were hoping for. They’ll have to dust off that “buy ‘em in the fall, sell ‘em in the spring” maxim But, oh, that didn’t work great if March counted as spring.
The green shoots turned to mold today as economic data again came in worse than expected and couldn’t be spun the other way.
Let’s take a look.
Volume was higher on selling (another replay of recent history) and breadth was negative enough to perhaps be a 10/90 day.
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