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SINA Downgraded to Neutral – Analyst Blog

Zacks Market Commentaries (September 4th, 2009) Writes:
SINA Corporation (SINA) has been downgraded from Outperform to Neutral, indicating that the stock would be trading in line with the industry. The company is a leading provider of online media and value-added information services to the global Chinese community. Although SINA’s most recent quarter (second quarter) results beat Zacks Consensus Estimates, they have been down on a year-over-year basis. The company provided disappointing guidance, as customer caution is likely to be a hindrance to advertising spending, particularly the brand advertising segment. Economic growth in China has continued to slow down in the face of the protracted global economic downturn. Competition in the online brand advertising field in China is fierce, crowded by big players such as Sohu.com Inc. (SOHU), Shanda Interactive (SNDA) and Baidu, Inc. (BIDU). Moreover, uncertainty regarding the closure of the Focus Media Holding Ltd. (FMCN) acquisition poses ...

The Long and the Short of it All

Bullish Bankers (July 15th, 2009) Writes:

We are presenting a list of companies which we believe are currently mispriced, based on our estimate of fair value, by the market. We develop our fair value ranges by projected free cash flow out one year and estimating an appropriate FCF multiple based on our assessment of risk and the strength of the balance sheet.

Cisco Systems [CSCO: 19.57, +0.84 (+4.48%)] Recent Price $17.04 Value Range 21.86 – $38.41 Cisco Systems, Inc. designs, manufactures and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use. The Company provides a line of products for transporting data, voice, and video within buildings, across campuses, and around the world. Its products are designed to transform how people connect, communicate and collaborate. Cisco Systems, Inc.’s products, which include primarily routers, switches, and products that the

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Zacks Bull and Bear of the Day Highlights: SINA Corp., Koninklijke Philips Electronics N.V., Masco, Dryships and Ford. – Press Releases

Zacks Market Commentaries (June 11th, 2009) Writes:
For Immediate Release

Chicago, IL - June 11, 2009 - Zacks Equity Research highlights SINA Corp. (SINA) as the Bull of the Day and Koninklijke Philips Electronics N.V. (PHG) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Masco (MAS), Dryships (DRYS) and Ford (F).

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:

SINA Corp. (SINA) is a leading provider of online media and value-added information services to the global Chinese community. The company posted a year-over-year increase in revenue, but results were below our estimates. SINA provided encouraging Q2 guidance.

However, economic growth in the country has continued to slow during to the global downturn. The company is also facing severe competition in

...

SINA Corp. (SINA) – Bull of the Day

Zacks Market Commentaries (June 11th, 2009) Writes:
SINA Corp. (SINA) is a leading provider of online media and value-added information services to the global Chinese community. The company posted a year-over-year increase in revenue, but results were below our estimates. SINA provided encouraging Q2 guidance.

However, economic growth in the country has continued to slow during to the global downturn. The company is also facing severe competition in its mobile business, though China's Internet penetration has surpassed the world average, which is expected to have a positive impact on the company's business.

We believe the SINA's business will continue on the strength of solid fundamentals and it will emerge as a strong company when the recession ends. We maintain our Buy rating on the stock but increase our six-month price target to $38.00.Zacks Investment Research

Zacks Analyst Blog Highlights: The Coca-Cola Company, Coca-Cola Hellenic Bottling Company, National Semiconductor Corp., SINA Corp., and Vodafone Group PLC. – Press Releases

Zacks Market Commentaries (March 19th, 2009) Writes:
For Immediate Release

Chicago, IL – March 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: The Coca-Cola Company (KO), Coca-Cola Hellenic Bottling Company (CCH), National Semiconductor Corp. (NSM), SINA Corp. (SINA) and Vodafone Group PLC (VOD).

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 Wednesday's Analyst Blog:

China Denies Coke Acquisition

Today, the Chinese Ministry of Commerce announced that it has rejected The Coca-Cola Company's (KO) proposed acquisition of China Huiyuan Juice Group Limited, a Hong Kong listed company which owns the Huiyuan juice business throughout

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Buy SINA Corp. at These Levels – Analyst Blog

Zacks Market Commentaries (March 18th, 2009) Writes:
SINA Corp. (SINA) is a leading provider of online media and value-added information services to the global Chinese community. SINA posted strong financial results for 2008. Both its revenue and EPS once again exceeded the market consensus.However, economic growth in the country had continued to slow owing to global downturn. SINA provided weak Q1 2009 guidance on account of a drop in advertising revenue. The company is also facing severe competition in its mobile business.We believe the company's business will continue on the strength of solid fundamentals, and SINA will emerge as a strong company as the recession comes to an end. We maintain our Buy rating on the stock with a 6-month price target of $30.00.Priyanka Poddar contributed to this report. Read the full analyst report on "SINA"Zacks Investment Research

MCG Capital Braces for Downturn – Analyst Blog

Zacks Market Commentaries (December 5th, 2008) Writes:
MCG Capital Corporation (MCGC) is a financial services firm that primarily provides capital to support the internal growth and corporate development initiatives of the small-to-medium sized private companies in domestic growth industries such as media, communications, information services and technology.Originally consisting of the media communications lending group of Signet Bank (which was acquired by First Union in November 1997 and later merged into Wachovia), MCGC was bought by the management and affiliates of Goldman Sachs in June 1998 and went public in December 2001.In its latest quarter, total revenue decreased 33.5% year-over-year. The company reduced its workforce by 27% and intends to pay down the statutory minimum dividend for 2009. It is now focused on opportunistic asset monetization to preserve its net asset value, deleveraging its balance sheet and preserving capital to enhance shareholders value. However, given current market challenges, we expect ...

SINA Corp. Shows Olympic Bump – Analyst Blog

Zacks Market Commentaries (September 26th, 2008) Writes:

SINA Corporation (SINA) is one of the most well-known online brands in China. The company is a leading provider of online media and value-added information services to global Chinese community. The company continues to do well in its online brand advertising, and is increasing the gap between it and its closest competitor in the online brand ad market.

Sina has released its estimate of the impact of the Beijing Olympics. The company reported that on-line advertising (70% of total revenue) growth was enhanced by about fifteen percentage points from the rate experienced in 2007, for an annual growth of 55% year over year.

Chinese Internet penetration has reached 20%, and it has accelerated over the past six months. We are maintaining our Buy rating for SINA with a target price of $45 a share.

Read the full analyst report on SINA

"SINA" Free Stock Analysis: Buy? Sell? Hold?...

Westwood One Inc. (WON) – A Major Content Provider

QualityStocks (September 15th, 2008) Writes:

Founded in 1974 and headquartered in New York City, Westwood One Inc. is a content provider to various media partners. They offer more than 150 news, sports, music, talk, and entertainment programs, as well as features and live events. Trading on the New York Stock Exchange (NYSE), the company is part of the General Entertainment industry in the Services sector. Westwood and their subsidiaries provide information services and programming to the radio, TV, and online industries in the United States.

Their subsidiaries, Metro Networks and Shadow Broadcast Services, provide analog and digital local content to radio and TV stations. This includes news, video news services, sports, traffic reporting services, weather, and other information. They also supply this content to the Worldwide Web. Westwood One serves their radio content to more than 5,000 radio stations.

Westwood also operates radio networks that engage in producing and distributing daily content and special event programs, in

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