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Zacks Analyst Blog Highlights: Time Warner Inc., Fannie, Freddie, Citigroup and Bank of America – Press Releases

Zacks Market Commentaries (November 5th, 2009) Writes:

For Immediate Release

Chicago, IL – November 5, 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: Time Warner Inc. (TWX), Fannie (FNM), Freddie (FRE), Citigroup (C) and Bank of America (BAC).

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 AnalystBlog:

Time Warner Tops Zacks Consensus

Despite tough macro-economic conditions, Time Warner Inc. (TWX), the global leader in media and entertainment businesses, reported better-than-expected third-quarter 2009 results that topped the Zacks Consensus Estimate.

The quarterly earnings of 61 cents a share beat the Zacks Consensus Estimate of 52 cents, but

...

The Fed Stays on Easy Street – Analyst Blog

Dirk Van Dijk (November 4th, 2009) Writes:
The Federal Reserve decided to keep the Federal Funds rate unchanged at the meeting it concluded today, as expected. Below is the current Fed Statement along with the one from their September meeting in paragraph-by-paragraph format, with my translation and commentary interspersed. As the graph below shows, the market is expecting the Fed to remain on hold, with Fed Funds between 0 and 25 basis points for an extended period. The graph shows the expected outcomes for the January meeting (before today’s announcement) from the Cleveland Fed. The market set the odds of anything other than standing pat at either today’s meeting or the December meeting effectively at zero. Reading off the chart, it looks like about a 95% probability of no action in January as well. I doubt we will see the Fed raise rates before the third quarter of 2010. The Fed is ...

Is Obama’s Green Stimulus Package Already In Trouble?

Irwin Greenstein (January 23rd, 2009) Writes:

President Obama’s economic-stimulus package is another campaign promise likely to become a fiscal pipedream – giving a setback to renewable-energy investors. The touted infrastructure build-out intended to create new green industries that was part of the Obama plan could now be the first casualty of close scrutiny in the corridors of power, both on Capitol Hill and Main Street.

For the past few months, we’ve cautioned investors from buying into the hype that Obama’s green revolution would provide a new path to Easy Street for investors. Now an article in today’s Wall Street Journal reports that Obama’s $825 billion economic-recovery package “may not provide as big a near-term lift for the economy as expected.”

While this poses major obstacles for investors who bought in early on the hype to invest in raw materials such as steel and cement, the implications are even darker for America’s fledgling renewable energy sector.

On the campaign trail,

...

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