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Wednesday October 28, 2009

DrStockPick.com Stock Report!

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Power3 Medical Products, Inc. (OTCBB: PWRM), a leader in neurodegenerative disease and cancer biomarkers and diagnostic tests, announces further international recognition of validity as the company’s President and CSO, Dr. Ira Goldknopf, will deliver an invited Keynote address and chair a session on “Biomarkers and Diagnostics in Personalized Medicine (Track 6-4),” at the BIT Life Sciences 2nd International Congress and Expo of Molecular Diagnostics in Beijing, China, November 19-21, 2009. The Theme of the meeting is “New Leadership of

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Oil broke out of the $65-75 holding pattern of the last five months on strength of a declining dollar, speculation about rising consumer confidence, and potential growth next year in the global economy. Above $79 a barrel this morning before declining slightly, oil set a record high for this year of $79.05 and has been hovering just under that mark since.

As the market looks to 3Q profitability data from major retailers this week, including McDonald’s, Apple, Hasbro and Whirlpool, there is a strong desire to see overall consumption start to increase, which would further justify rising energy and commodity prices.

The dollar continues its decline, driving oil prices upwards, with the recent flap about China and Russia seeking to denominate oil in some other currency, calling its status as the reserve currency into question. This readily observable phenomena of the declining dollar is taken by many as a good

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• Eaton (NYSE:ETN) reported third quarter earnings were benefitted by "improved production and lower costs."  The company reports third-quarter EPS of $1.21 ex-items versus $1.95 a year earlier, and well above Zacks projections of $0.91 as revenues fell 26% to $3.03 billion. The company set full year operating projections at $2.40-$2.50

• Hasbro (NYSE:HAS) reported third quarter earnings of 99 cents, versus Zacks estimates of 92 cents a share, although revenues of $1.28 billion were below Zacks projections of $1.34 billion

• BB&T (NYSE:BBT) reported third quarter fully diluted results of 23 cents versus 65 cents a year earlier, inline with Zacks estimates of 23 cents. According CEO King, "Our revenue growth for the quarter was very strong at 16.1%, the net interest margin is improved, growth in noninterest-bearing deposits is exceptional and the impact from the Colonial acquisition is positive. However, our earnings continue to be negatively affected by a significant

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For Immediate Release

Chicago, IL – October 16, 2009 – Zacks Equity Research highlights Semtech Corp. (SMTC) as the Bull of the Day and Washington Federal (WFSL) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Bank of America (BAC), Hasbro (HAS) and Peabody Energy (BTU).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676

Here is a synopsis of all five stocks:

Bull of the Day:

Semtech Corp. (SMTC) is a fabless supplier of analog and mixed-signal semiconductor devices. Management has been diversifying the product portfolio, introducing new high-margin products and broadening the customer base.

July quarter results exceeded the consensus on both the top and bottom lines. Forward guidance is for 6-10% revenue increase in the October quarter.

Both revenue growth and margin expansion are expected to return in the second half of fiscal

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New claims for unemployment insurance fell by 10,000 to 514,000, the lowest level since January.  The four-week average of new claims fell by 9,000 to 531,500.  The four-week average is now 127,250 below the peak set back in April. Both the size of the decline and the time since the peak are powerful arguments that we have seen the high for the cycle. This is good news and more evidence that the recession is indeed over. However, the level is still very high and indicates that the economy is still, on balance, dropping jobs. We need to see the number fall well below the 400,000 level to indicate that job growth has turned positive, and far lower than that to meet the needs of a growing population. As the graph below (from http://www.calculatedriskblog.com/) shows in the last two recessions, new claims initally came well ...

The FT reports that Russia and China have warned that the impact of the financial crisis is far from over.  The cabinet has approved a 2010 draft budget, with major cuts on managing government ministries, which may see officials forced to reduce spending by 20% on their cars, phones and offices.  Next year will see an apparent record amount of spending on pensions, a 46% increase, amounting to 10% of the GDP.  The Prime Minster has warned against 'mechanical' cuts in spending, fearing that a sense of financial drought could prolong the downturn.  Gaz group has apparently signed a debt-restructuring agreement with 21 domestic and foreign banks.  Avtovaz is planning to make 27,600 employees redundant.  Hasbro has opened an office in Moscow, hoping to see their cut of the huge toy market 'grow significantly'.  Eyebrow-raising ...

• CIT Group (NYSE:CIT) and a number of key bondholders agreed to a $3 billion rescue agreement that will allow the company to restructure without filing for chapter 11 bankruptcy protection

• Hasbro (NYSE:HAS) reported Q2 earnings of 26 cents a share, ex-items, beating Street estimates of 23 cents a share.  Revenues rose 1% year-over-year to $792.2 million, versus consensus estimates of $797.1 million

• Halliburton (NYSE:HAL) reported Q2 earnings of 30 cents a share, ex-items, beating consensus estimates of 27 cents a share.  Revenues in the quarter sank 22.1% year-over-year to $3.5 billion, but came in ahead of consensus estimates of $3.4 billion

• Las Vegas Sands (NYSE:LVS) is reportedly planning to apply for an IPO in Hong Kong in August

•  Weatherford International (NYSE:WFT) missed Q2 EPS estimates of 16 cents, reporting earnings of 10 cents a share on revenues of $2.0 billion

• Johnson Controls (NYSE:JCI) reported fiscal Q3 earnings of

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After better-than-expected numbers from Goldman Sachs and Intel set off a broad weekly rally on Wall Street, stocks lacked direction Friday and ended the day little changed as investors braced for fresh corporate announcements.  Also fueling the rally was analyst Meredith Whitney’s bullish stance on Goldman as she assigned a “buy" rating on the bank.  That set the stage for a 7% market rally in just five sessions with the Dow Jones industrial average and the S&P 500 index posting their best weekly performance since the week ending March 13.

For the week, the DJIA jumped 597.42 points, or 7.3%, to 8,743.94 points and the S&P 500 rose 7% to 940.38.  The tech-heavy Nasdaq Composite Index rose for eight consecutive sessions, its longest run since 2005, ending the week up 131 points, or 7.4% to 1,887.

As Goldman announced earnings of $4.93 a share, well above analysts’ estimate of

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For Immediate Release

Chicago, IL - June 30, 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: Hasbro (HAS), Mattel (MAT), Medivation Inc. (MDVN), Pfizer (PFE) and Raser Technologies (RZ).

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 Monday's Analyst Blog:

Hasbro Scores With Transformers

The extremely strong opening delivered by the Transformers movie sequel could bode well for Hasbro's (HAS) sales in the coming months.

The film, Transformers: Revenge of the Fallen, racked up domestic ticket sales of more than $200 million in the 5 days

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The extremely strong opening delivered by the Transformers movie sequel could bode well for Hasbro's (HAS) sales in the coming months. The film, Transformers: Revenge of the Fallen, racked up domestic ticket sales of more than $200 million in the 5 days since its opening on Wednesday. This financial performance exceeded expectations, and narrowly missed setting the record for 5-day revenues set last year by the Batman sequel, The Dark Knight. The financial strength of the movie could indicate better-than-expected sales for Hasbro going forward. The company owns the Transformers brand, and toys tied to the movie are a major component of the company's operations going forward. Although we rate the shares a Hold and believe the shares are fairly-valued near current levels, we consider the company to be well positioned going forward. Owning the brand upon which the movie is based provides Hasbro ...