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Zacks Analyst Blog Highlights: Diamond Offshore Drilling, Inc., Marriott International, BJ’s Restaurants, Inc., News Corporation and CEMIG – Press Releases

Zacks Market Commentaries (April 27th, 2009) Writes:
For Immediate Release

Chicago, IL - April 27, 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: Diamond Offshore Drilling, Inc. (DO), Marriott International (MAR), BJ's Restaurants Inc. (BJRI), News Corporation (NWS) and CEMIG (CIG).

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 Friday's Analyst Blog:

Diamond Offshore Glitters

Deepwater drilling powerhouse Diamond Offshore Drilling, Inc. (DO) reported better-than-expected first-quarter earnings and announced another special dividend. We see few signs of the downturn in oilfield activity levels in Diamond's quarterly report -- a trend that we see continuing for many quarters to come.

...

CEMIG Continues to Expand – Analyst Blog

Zacks Market Commentaries (April 24th, 2009) Writes:
Yesterday CEMIG (CIG) announced the acquisition of Terna Participacoes by US$ 1.05 Billion. Terna belonged to the Italian group Rete Elettrica Nazionale S.p.A.. CEMIG acquired 65.86% of the shares of Terna and has an option for the remaining 34.14% of the company.As we have stated in our last report on CIG, the company has an ambitious investment program for the next years, including an active role in the slowly consolidation of the Brazilian electrical industry. Even though CEMIG is a state owned company (it is controlled by the Government of the State of Minas Gerais in the Southeast of Brazil), it has been expanding nationally and internationally.The acquisition of Terna was an important step for CIG as it will expand its transmission line from 5,300 Km to 8,600 km. In fact, the market share of CEMIG in the transmission area in Brazil will grow ...

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