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Zacks Analyst Blog Highlights: Baker Hughes Inc., BJ Services, Teva Pharmaceutical Industries Ltd., Mylan and Comcast Corp. – 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: Baker Hughes Inc. (BHI), BJ Services (BJS), Teva Pharmaceutical Industries Ltd. (TEVA), Mylan (MYL) and Comcast Corp. (CMCSA).

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:

Baker Hughes Misses Estimates

Baker Hughes Inc. (BHI) reported its third quarter results of 26 cents per share, well below the Zacks Consensus Estimate of 36 cents and year-earlier quarter earnings of $1.39. Before adjusting one-time items, earnings were 18 cents per share.

Though the company’s

...

Baker Hughes Misses Estimates – Analyst Blog

Zacks Market Commentaries (November 4th, 2009) Writes:
Baker Hughes Inc. (BHI) reported its third quarter results of 26 cents per share, well below the Zacks Consensus Estimate of 36 cents and year-earlier quarter earnings of $1.39. Before adjusting one-time items, earnings were 18 cents per share. Though the company’s results came in below expectations due to lower activity levels in all geographical regions, fundamentals remain strong as the North American gas-directed drilling gain traction and benefits from the pending BJ Services (BJS) acquisition are expected. Revenue from Baker Hughes’ Oilfield operations was $2.23 billion, down 26% from the year-ago quarter and 4% from the previous quarter. Pre-tax operating profits decreased nearly 72% year-over-year and nearly 22% sequentially to $187 million. Pre-tax operating margin for the quarter was 8%, compared to 22% in the year-ago quarter and 10% in the previous quarter. Revenue from the Drilling and Evaluation segment decreased nearly 33% ...

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