For Immediate Release

Chicago, IL – November 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: PG&E Corporation (PCG), Edison International (EIX), Autodesk Inc. (ADSK), Adobe Systems Inc. (ADBE) and Apple Inc. (AAPL).

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Here are highlights from Wednesday’s Analyst Blog:

California May Ban High-Watt TVs

In California, an average residential customer’s 10% electrical consumption goes to television sets. However the regulatory apprehension is that with upgrade to larger television sets the consumption pattern for television sets will spike by as much as 8% annually. This is a worrisome

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The California Public Utilities Commission (CPUC) is evaluating a proposal to ban energy-inefficient television sets in the state. The proposal intends to lower electricity demand, and if implemented would be a first in the country. This would stipulate televisions sold in California to be more energy efficient from the inception of fiscal 2011. The standards would apply to all television sets up to 58 inches. For example, all new 42-inch television sets have to use less than 183 watts by fiscal 2011 and less than 116 watts by fiscal 2013. That's considerably more efficient than current models in the market. A 42-inch Hitachi plasma TV sold in 2007 uses 313 watts while a 42-inch Sharp Liquid-crystal display, or LCD, TV draws 232 watts, according to Energy Commission research. However, as of now only one-quarter of the television sets on the market meet the required standard. Television sets ...

For Immediate Release

Chicago, IL – November 9, 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: EOG Resources Inc. (EOG), Grupo Televisa S.A. (TV), OGE Energy Corp. (OGE), Edison International (EIX) and Dynegy Inc. (DYN).

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Here are highlights from Friday’s Analyst Blog:

EOG Resources Remains Neutral

EOG Resources Inc. (EOG) reported third-quarter earnings of 81 cents per share, compared with the Zacks Consensus Estimate of 65 cents and a year-ago profit of $2.34. Before adjusting one-time items, earnings were 2 cents per share. Despite an increase

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Edison International's (EIX) adjusted EPS of $1.09 in the third quarter of fiscal 2009 pushed past the Zacks Consensus Estimate of $1.05 by 4 cents. However, adjusted EPS for the quarter fell short of the year-ago $1.46 EPS.

On a GAAP basis, the company reported quarterly EPS of $1.23, compared to $1.33 in the year-ago quarter. The discrepancy between GAAP and adjusted EPS were due to non-cash accounting benefit from the final regulatory approval to transfer its Mountainview power plant to utility rate base.

Edison's revenue fell 14.7% year-over-year to $3.7 billion from $4.3 billion. The downside was more prominent in electric utility revenue (83.7% of total revenues), which decreased 11.6% year-over-year. Competitive power generation revenues fell 27.2% to $592 million. Financial services and other revenues were only $7 million in the reported quarter from $14 million in the year-ago quarter.

Southern California Edison's (SCE) GAAP EPS in the reported quarter

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ROSEMEAD, Calif - September 15, 2009 - Southern California Edison, an Edison International (NYSE:EIX) company, kicks off its Edison SmartConnect program today by installing the first of 5 million smart meters to help customers save energy and money.

Southern California Edison, a subsidiary of Edison International (EIX), and First Solar (FSLR) have joined forces in developing two solar power facilities in Southern California, having a combined generating capacity of 550 megawatts (MW) of clean energy. Requisite approvals are pending at the California Public Utilities Commission. First Solar will be responsible for engineering, procurement and construction (EPC) of these two projects – a 250MW Desert Sunlight plant near Desert Center and another 300 MW Stateline plant at San Bernardino. Southern California Edison will be in charge of electricity distribution once the project is over. Construction work for Desert Sunlight is planned to start in 2012 and for Stateline in 2013. Both the projects are likely to be completed by 2015. First Solar will deploy its advanced thin-film photovoltaic solar modules within the plants.   These plants will generate around 1.2 billion kilowatt-hours (kWh) of ...

Edison International’s (EIX) second-quarter adjusted earnings of 78 cents per share swept past the Zacks Consensus EPS estimate by 25 cents. However, quarterly EPS fell a penny short of the year-ago profit on an adjusted basis.

Edison International is a California-based utility holding company operating through two principal subsidiaries: Southern California Edison Company, and Edison Mission Group.

Southern California Edison (SCE) is a public utility providing electricity to central, coastal and southern California (excluding Los Angeles). SCE is one of the largest electric utilities in the nation serving a population of 13 million through 4.9 million customer accounts in a 50,000 square mile service area.

Edison Mission Group (EMG) is a wholly owned unit of Edison International. EMG is the holding company for Edison International’s wholly owned subsidiaries, Edison Mission Energy (EME) and Edison Capital. EMG is an independent power producer with net generation capacity of nearly 18,000MW

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From 2004 through 2006, Edison International's (EIX) return on equity (ROE) remained within an attractive mid-teen percentage range, as indicated in the table above. Operating profit margins, asset turnover and cost-of-debt all indicate general annual improvements over this four-year historical period, partially offset by increasing leverage and declining tax retention rates.In 2007-08, however, ROE declined moderately to approximately 12% due to slightly lower operating profit margins and volatility in the other ROE components.Looking ahead through 2009, we expect ROE to decline from its 2008 level due primarily to lower margins and lower revenue per dollar of assets in light of the weak economy, and a declining tax retention rate. EIX's free-cash-flow-to-equity (FCFE) remained weak and negative in 2004 mainly due to modest cash flow from operations (CFO). The situation worsened in 2005 due to a focus ...

 Edison International (EIX) reported its 1st quarter 2009 earnings. For the 1st fiscal quarter of 2009, Edison International reported net earnings of $0.76 per share, down 16.5%, compared with $0.91 per share in the year-ago quarter. Excluding non-core items, 1st quarter 2009 core earnings were $0.79 per share, down 14.1% compared with $0.92 per share in the 1st quarter of last year.Analysts' consensus estimate was for $0.67 per share.Consolidated revenue in the reported quarter declined 8.8% to $2.8 billion.Cash flow from operating activities increased significantly in the 1st quarter 2009 from 1st quarter 2008, despite lower net income. The increase is attributable to higher deferred income taxes and investment tax credits, regulatory assets and depreciation, decommissioning and amortization.Guidance:The company reaffirmed its core earnings guidance of $2.90 - $3.20 per share for fiscal 2009. However, the company revised its 2009 ...

For Immediate Release

Chicago, IL - May 13, 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: Energy Conversion Devices, Inc. (ENER), HSBC Holdings plc (HBC), Edison International (EIX), TW Telecom (TWTC) and Luminex Corp. (LMNX).

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 Tuesday's Analyst Blog:

Energy Conversion Results Mixed

Energy Conversion Devices, Inc. (ENER) announced operating and financial results for its 3rd quarter and first nine months of fiscal 2009, ending March 31, 2009.

Net income in the reported quarter fell to $1.33 million or

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