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		<title>SINA Beats Forecast &#8211; Analyst Blog</title>
		<link>http://www.straightstocks.com/stock-watch/sina-beats-forecast-analyst-blog/</link>
		<comments>http://www.straightstocks.com/stock-watch/sina-beats-forecast-analyst-blog/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 15:00:25 +0000</pubDate>
		<dc:creator>Zacks Market Commentaries</dc:creator>
				<category><![CDATA[Investing Lessons]]></category>
		<category><![CDATA[Stocks to Watch]]></category>
		<category><![CDATA[Advertising]]></category>
		<category><![CDATA[advertising market]]></category>
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		<category><![CDATA[Charles Chao]]></category>
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		<guid isPermaLink="false">http://www.zacks.com/stock/news/27362/SINA+Beats+Forecast+-+Analyst+Blog</guid>
		<description><![CDATA[<br />
After market closed, <strong>SINA Corp.</strong> (<a href="http://www.zacks.com/stock/quote/SINA">SINA</a>) reported revenues of $96.4 million in the third quarter of 2009. Revenues was down 8.6% year over year but was up 6.8% sequentially. Revenues exceeded the company's guidance of $91.0 &#8211; $94.0 million and easily beat the Zacks Consensus estimate of $94.0 million. <br />
<br />
This reflects strong execution of the company&#8217;s online advertising business in China , which grew double-digits sequentially. We expect a huge improvement in SINA&#8217;s advertising business, as advertising spending recovers.<br />
<br />
SINA expects to benefit from government stimulus packages. Moreover, management is witnessing signs of a strong recovery in the advertising market in China in the second half of this year, which is reflected in the company&#8217;s higher-than-expected guidance.   <br />
<br />
Advertising revenues decreased 16.3% year over year but was up 10% quarter over quarter, exceeding the company&#8217;s guidance of $60.0 &#8211; $62.0 million. Non-advertising revenues increased 11.6% year over year and was marginally up from last quarter. This was better than management&#8217;s guidance of $31.0 &#8211; $32.0 million.   <br />
<br />
Gross margin was 59% in the quarter, up from 57% last year and 56% in the preceding quarter. This was due to increasing advertising revenues outpacing the growing cost of advertising revenues, primarily bandwidth-related.  This raised advertising gross margin, which in turn, raised overall margins.<br />
<br />
Operating margin came in at 22.5% as operating expenses decreased 3% year over year but increased 6% sequentially, mainly due to higher marketing costs.<br />
<br />
Net income on a non-GAAP basis was $20.1 million, down 15.4% from last year, but up 17% quarter over quarter. Earnings per share (EPS) of 34 cents beat the Zacks Consensus Estimate of 30 cents, but were down from 39 cents reported in the year-ago period. <br />
<br />
Under the $100 million share repurchase program, SINA repurchased approximately 2.5 million shares for $50 million at an average price of $20.37. The company expects to continue repurchasing the remaining $50 million in future quarters, which will add to shareholders wealth. <br />
<br />
During the quarter, the company generated $29.1 million of cash from operations, compared to $18.8 million last quarter. The company ended the quarter with cash and equivalents of $599.7 million, an increase of $17.7 million from the previous quarter. As of September 30, 2009, convertible debt remained at $99 million.<br />
<br />
In October, SINA completed the merger of its online real estate advertising business with E-House ( China ) Holdings Ltd., subsidiary of China Real Estate Information Corporation (CRIC). SINA has 39% equity interest in CRIC. This merger will help SINA form the largest online and offline real estate information and consulting platform in China .<br />
<br />
SINA also entered into a private equity placement of its ordinary shares with New Wave Investment Holding Company Limited, a British Virgin Islands company established and controlled by Charles Chao, SINA's Chief Executive Officer and other members of the management. SINA will receive gross proceeds of $180 million in exchange for approximately 5.6 million shares. The issuance of shares to New Wave will have a dilutive effect on the company's outstanding shares in the fourth quarter of 2009.   <br />
<br />
<u>Guidance</u>   <br />
The company will account for its interest in CRIC from Oct 1, 2009 and expects to recognize a material gain from the closing of the merger transaction with CRIC.<br />
<br />
Going forward, management expects revenues of between $93 million and $96 million, excluding advertising revenue from real estate business due to its merger with CRIC. Including the advertising revenue from real estate business, total revenue will range between $106 million and $109 million.   <br />
<br />
Advertising revenue is expected to be $61 &#8211; $63 million and non-advertising revenue to be $32 &#8211; $33 million in the fourth quarter. Including the carve out of the real estate business, the forecasted advertising revenues would have been between $74 million and $76 million.   <br />
<br />
SINA is a leading provider of online media and value-added information services in China . SINA&#8217;s online advertising business has continued to do well and has built a competitive edge based on its popularity in China . The company expects strong growth in advertising revenue in 2010 due to resurgence in margins.   <br />
<br />
We maintain our Neutral rating on the stock.<br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=GENSYND_ZER&#38;t=SINA">Read the full analyst report on "SINA"</a><br /><a href="http://www.zacks.com">Zacks Investment Research</a><br />]]></description>
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		<item>
		<title>Earnings Preview for SINA &#8211; Analyst Blog</title>
		<link>http://www.straightstocks.com/stock-watch/earnings-preview-for-sina-analyst-blog/</link>
		<comments>http://www.straightstocks.com/stock-watch/earnings-preview-for-sina-analyst-blog/#comments</comments>
		<pubDate>Thu, 12 Nov 2009 19:59:55 +0000</pubDate>
		<dc:creator>Zacks Market Commentaries</dc:creator>
				<category><![CDATA[Investing Lessons]]></category>
		<category><![CDATA[Stocks to Watch]]></category>
		<category><![CDATA[Advertising]]></category>
		<category><![CDATA[advertising spending]]></category>
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		<category><![CDATA[China]]></category>
		<category><![CDATA[information services]]></category>
		<category><![CDATA[mobile and online brand advertising]]></category>
		<category><![CDATA[non-advertising revenues]]></category>
		<category><![CDATA[online advertising]]></category>
		<category><![CDATA[online media]]></category>
		<category><![CDATA[SINA Corp.]]></category>
		<category><![CDATA[USD]]></category>
		<category><![CDATA[wireless]]></category>
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		<category><![CDATA[Zacks Market Commentaries]]></category>

		<guid isPermaLink="false">http://www.zacks.com/stock/news/27233/Earnings+Preview+for+SINA+-+Analyst+Blog</guid>
		<description><![CDATA[<br />
<strong>SINA Corp.</strong> (<a href="http://www.zacks.com/stock/quote/SINA">SINA</a>) is set to announce its third quarter results after the closing bell on Nov 16.<br />
 <br />
SINA&#8217;s third-quarter revenue guidance of $91&#8211;$94 million was below the Zacks Consensus Estimate. The company expects Advertising revenues to be $60&#8211;$62 million and non-advertising revenues to be $31&#8211;$32 million in the third quarter. SINA remains guarded on advertising spending particularly brand advertising as consumers remain cautious.<br />
 <br />
SINA is a leading provider of online media and value-added information services in China . Although the company&#8217;s second quarter results beat Zacks consensus estimates, it has been down on a year over year basis. The company is facing severe competition in its mobile and online brand advertising business.<br />
 <br />
However, the stock has rallied much and we expect the company to benefit from the growing trends in the wireless business. We expect a huge improvement in SINA&#8217;s advertising business, as advertising spending recovers. Moreover, SINA has a strong net cash position.<br />
 <br />
SINA&#8217;s online advertising business has continued to do well and has built a competitive edge based on its popularity in China. The company posted strong financial results for 2008. Both its revenue and EPS have exceeded our expectations. This was due to strong growth in Advertising revenue, which grew by 53% in 2008.<br />
 <br />
We expect the company to post upbeat third quarter results due to resurgence in the online advertising business and strong growth in the wireless mobile business and see further upside to the stock. We maintain our Neutral rating on the stock.<br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=GENSYND_ZER&#38;t=SINA">Read the full analyst report on "SINA"</a><br /><a href="http://www.zacks.com">Zacks Investment Research</a><br />]]></description>
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		</item>
		<item>
		<title>SINA Downgraded to Neutral &#8211; Analyst Blog</title>
		<link>http://www.straightstocks.com/stock-watch/sina-downgraded-to-neutral-analyst-blog/</link>
		<comments>http://www.straightstocks.com/stock-watch/sina-downgraded-to-neutral-analyst-blog/#comments</comments>
		<pubDate>Fri, 04 Sep 2009 17:03:01 +0000</pubDate>
		<dc:creator>Zacks Market Commentaries</dc:creator>
				<category><![CDATA[Stocks to Watch]]></category>
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		<guid isPermaLink="false">http://www.zacks.com/stock/news/24497/SINA+Downgraded+to+Neutral+-+Analyst+Blog</guid>
		<description><![CDATA[<br />
SINA Corporation (<a href="http://www.zacks.com/stock/quote/sina">SINA</a>) 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.<br />
<br />
Although SINA&#8217;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.<br />
<br />
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 <strong>Sohu.com Inc.</strong> (<a href="http://www.zacks.com/stock/quote/sohu">SOHU</a>),<strong> Shanda Interactive</strong> (<a href="http://www.zacks.com/stock/quote/snda">SNDA</a>) and<strong> Baidu, Inc.</strong> (<a href="http://www.zacks.com/stock/quote/bidu">BIDU</a>).<br />
<br />
Moreover, uncertainty regarding the closure of the <strong>Focus Media Holding Ltd.</strong> (<a href="http://www.zacks.com/stock/quote/fmcn">FMCN</a>) acquisition poses further risks to its shares. The acquisition entails the takeover of substantially all of the assets of Focus Media's digital out-of-home advertising networks, including its LCD display network, poster frame network and in-store network.<br />
<br />
SINA is expected to benefit from the growing trends in the wireless business. While year 2009 is expected to be tough for SINA with low visibility for its advertising business, we expect sequential improvement as spending recovers.<br />
<br />
SINA has a strong financial position with net cash (cash &#38; equivalent less convertible debt) of $8.30 per share in the most recent quarter. Meanwhile, to return value to its shareholders, SINA has been actively repurchasing shares.<br />
<br />
However, with bleak third quarter guidance, SINA is also facing severe competition in its mobile business and expects it to be flat in the next few quarters. Near-term, we have low visibility in SINA&#8217;s business.<br />
<br />
Our six-month price target on SINA is $32.<br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=GENSYND_ZER&#38;t=SINA">Read the full analyst report on "SINA"</a><br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=GENSYND_ZER&#38;t=SOHU">Read the full analyst report on "SOHU"</a><br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=GENSYND_ZER&#38;t=SNDA">Read the full analyst report on "SNDA"</a><br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=GENSYND_ZER&#38;t=BIDU">Read the full analyst report on "BIDU"</a><br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=GENSYND_ZER&#38;t=FMCN">Read the full analyst report on "FMCN"</a><br /><a href="http://www.zacks.com">Zacks Investment Research</a><br />]]></description>
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		<title>The Long and the Short of it All</title>
		<link>http://www.straightstocks.com/financial/the-long-and-the-short-of-it-all/</link>
		<comments>http://www.straightstocks.com/financial/the-long-and-the-short-of-it-all/#comments</comments>
		<pubDate>Wed, 15 Jul 2009 17:34:12 +0000</pubDate>
		<dc:creator>Bullish Bankers</dc:creator>
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		<description><![CDATA[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. ]]></description>
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		<title>Zacks Bull and Bear of the Day Highlights: SINA Corp., Koninklijke Philips Electronics N.V., Masco, Dryships and Ford. &#8211; Press Releases</title>
		<link>http://www.straightstocks.com/stock-watch/zacks-bull-and-bear-of-the-day-highlights-sina-corp-koninklijke-philips-electronics-nv-masco-dryships-and-ford-press-releases/</link>
		<comments>http://www.straightstocks.com/stock-watch/zacks-bull-and-bear-of-the-day-highlights-sina-corp-koninklijke-philips-electronics-nv-masco-dryships-and-ford-press-releases/#comments</comments>
		<pubDate>Thu, 11 Jun 2009 13:22:05 +0000</pubDate>
		<dc:creator>Zacks Market Commentaries</dc:creator>
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		<guid isPermaLink="false">http://www.zacks.com/stock/news/20970/Zacks+Bull+and+Bear+of+the+Day+Highlights%3A+SINA+Corp.%2C+Koninklijke+Philips+Electronics+N.V.%2C+Masco%2C+Dryships+and+Ford.+-+Press+Releases</guid>
		<description><![CDATA[For Immediate Release 
<p align="left">Chicago, IL - June 11, 2009 - Zacks Equity Research highlights <b>SINA Corp.</b> (<a href="void(0)">SINA</a>) as the Bull of the Day and <b>Koninklijke Philips Electronics N.V.</b> (<a href="void(0)">PHG</a>) the Bear of the Day. In addition, Zacks Equity Research provides analysis on <b>Masco</b> (<a href="void(0)">MAS</a>), <b>Dryships </b>(<a href="void(0)">DRYS</a>) and <b>Ford </b>(<a href="void(0)">F</a>). </p>
<p align="left">Full analysis of all these stocks is available at http://at.zacks.com/?id=2676. </p>
<p align="left">Here is a synopsis of all five stocks: </p>
<p align="left"><b>Bull of the Day:</b> </p>
<p align="left"><b>SINA Corp.</b> (<a href="void(0)">SINA</a>) 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. </p>
<p align="left">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. </p>
<p align="left">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. </p>
<p align="left"><b>Bear of the Day:</b> </p>
<p align="left">Given the reduced visibility in the global economy, which progressively deteriorated during the quarter, <b>Koninklijke Philips Electronics N.V.</b> (<a href="void(0)">PHG</a>) has decided to restructure businesses in all three sectors, which led to additional charges in the Q1FY09. This has caused us to reduce overall revenue growth rate to negative 7.73% in Euro terms, for 2009 compared to negative 2.2% recorded for 2008. </p>
<p align="left">The revenue growth rate in terms of dollars is projected at negative 17% for FY09 compared to 3.78% for FY08. The company is working to improve its cost structure and its EBITA margins have declined in 1Q09 due to restructuring charges booked. </p>
<p align="left">Based on these results, we are maintaining our Sell rating on PHG with a price target of $17.00 or 24.9x 25.1x our 2009 EPADS estimate of $0.68. </p>
<p align="left"><b>Latest Posts on the Zacks Analyst Blog:</b> </p>
<p align="left"><i>Beige Book: Recession Moderating </i></p>
<p align="left">Counter-balancing this was the expectation that there will not be "a substantial increase in economic activity" throughout the remainder of the year. Again, this is inline what with the trends I'm drawing from the economic and earnings estimate revision data. Conditions are improving, but we are nowhere near to getting out the woods. </p>
<p align="left">On the positive side, signs of improvement were noted in import and export activity, discount retail and lower-priced homes. Though this might sound like good news for <b>Masco</b> (<a href="void(0)">MAS</a>) or <b>Dryships </b>(<a href="void(0)">DRYS</a>), it's important to note that we're still far from a recovery in housing or transportation. </p>
<p align="left">On the negative side, credit remained tight. Several districts blamed the lack of lending activity for depressing auto sales, which is problematic for <b>Ford </b>(<a href="void(0)">F</a>) and other car makers. </p>
<p>Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: <a href="http://at.zacks.com/?id=2649">http://at.zacks.com/?id=2649</a>.</p>
<p style="FONT-WEIGHT: bold">About the Bull and Bear of the Day</p>
<p>Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.</p>
<p style="FONT-WEIGHT: bold">About the Analyst Blog</p>
<p>Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.</p>
<p style="FONT-WEIGHT: bold">About Zacks Equity Research</p>
<p>Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.</p>
<p>Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.</p>
<p>Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today by visiting <a href="http://at.zacks.com/?id=2677">http://at.zacks.com/?id=2677</a>.</p>
<p style="FONT-WEIGHT: bold">About Zacks </p>
<p>Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks InvestmentResearch is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at <a href="http://at.zacks.com/?id=4582">http://at.zacks.com/?id=4582</a>.</p>
<p>Visit <a href="http://www.zacks.com/performance">http://www.zacks.com/performance</a> for information about the performance numbers displayed in this press release.</p>
<p>Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.</p>Contact:<br />Mark Vickery<br />Web Content Editor<br />312-265-9380<br />Visit: www.zacks.com<br />
<p align="left"></p><a href="http://www.zacks.com">Zacks Investment Research</a><br />]]></description>
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		<title>SINA Corp. (SINA) &#8211; Bull of the Day</title>
		<link>http://www.straightstocks.com/stock-watch/sina-corp-sina-bull-of-the-day/</link>
		<comments>http://www.straightstocks.com/stock-watch/sina-corp-sina-bull-of-the-day/#comments</comments>
		<pubDate>Thu, 11 Jun 2009 05:00:00 +0000</pubDate>
		<dc:creator>Zacks Market Commentaries</dc:creator>
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		<guid isPermaLink="false">http://www.zacks.com/commentary/11169/SINA+Corp.+%28SINA%29+-+Bull+of+the+Day</guid>
		<description><![CDATA[SINA Corp. (<a href="http://www.zacks.com/stock/quote/Sina">SINA</a>) 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.
<p>
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.
</p><p>
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.<a href="http://www.zacks.com">Zacks Investment Research</a><br /></p>]]></description>
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		<title>Zacks Analyst Blog Highlights: The Coca-Cola Company, Coca-Cola Hellenic Bottling Company, National Semiconductor Corp., SINA Corp., and Vodafone Group PLC.   &#8211; Press Releases</title>
		<link>http://www.straightstocks.com/stock-watch/zacks-analyst-blog-highlights-the-coca-cola-company-coca-cola-hellenic-bottling-company-national-semiconductor-corp-sina-corp-and-vodafone-group-plc-press-releases/</link>
		<comments>http://www.straightstocks.com/stock-watch/zacks-analyst-blog-highlights-the-coca-cola-company-coca-cola-hellenic-bottling-company-national-semiconductor-corp-sina-corp-and-vodafone-group-plc-press-releases/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 14:10:37 +0000</pubDate>
		<dc:creator>Zacks Market Commentaries</dc:creator>
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		<guid isPermaLink="false">http://www.zacks.com/stock/news/18343/Zacks+Analyst+Blog+Highlights%3A+The+Coca-Cola+Company%2C+Coca-Cola+Hellenic+Bottling+Company%2C+National+Semiconductor+Corp.%2C+SINA+Corp.%2C+and+Vodafone+Group+PLC.+++-+Press+Releases</guid>
		<description><![CDATA[For Immediate Release 
<p align="left">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: <b>The Coca-Cola Company</b> (<a href="void(0)">KO</a>), <b>Coca-Cola Hellenic Bottling Company</b> (<a href="void(0)">CCH</a>), <b>National Semiconductor Corp.</b> (<a href="void(0)">NSM</a>), <b>SINA Corp.</b> (<a href="void(0)">SINA</a>) and <b>Vodafone Group PLC</b> (<a href="void(0)">VOD</a>). </p>
<p align="left">Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: <a href="http://at.zacks.com/?id=4579">http://at.zacks.com/?id=4579</a>. </p>
<p align="left">Here are highlights from Wednesday's Analyst Blog: </p>
<p align="left"><b>China Denies Coke Acquisition</b> </p>
<p align="left">Today, the Chinese Ministry of Commerce announced that it has rejected <b>The Coca-Cola Company's</b> (<a href="void(0)">KO</a>) proposed acquisition of China Huiyuan Juice Group Limited, a Hong Kong listed company which owns the Huiyuan juice business throughout China. Citing the anti-competitive effects of the acquisition, the decision reflects the enforcement of China's strengthened anti-monopoly law and the internal political pressure of the Chinese government related to protecting indigenous brands from foreign control. </p>
<p align="left">For The Coca-Cola Company, the strong performance of future key markets, like China, has mitigated volume concerns in North America. In 2008, unit case volume in North America declined 1%. Management is extending Coca-Cola's reach in emerging markets not only through the introduction of water and juice products, but also through acquisitions. </p>
<p align="left">For example, in early 2006 Coca-Cola bought a Serbian water bottler, and in March 2007 Coca-Cola, in alliance with Greece-based <b>Coca-Cola Hellenic Bottling Company</b> (<a href="void(0)">CCH</a>), bought out Multon, which controls approximately 25% of the Russian juice market. On September 3, 2008, The Coca-Cola Company made a $2.3 billion cash offer to purchase China Huiyuan Juice Group. </p>
<p align="left"><b>Nat'l Semi: Buying Opportunity</b> </p>
<p align="left"><b>National Semiconductor Corp.</b> (<a href="void(0)">NSM</a>) is an OEM of analog and mixed signal integrated circuits. February quarter revenue fell short of consensus expectations, although the bottom line exceeded. Forward guidance is for a revenue decline of -5% to -10% in the seasonally strong 4th quarter. </p>
<p align="left">Management has refocused R&#38;D into areas that should drive margins. It has also initiated a massive restructuring program to further lower the breakeven point. Although National has been negatively impacted by the recession, the business continues to exhibit the necessary ingredients for a strong comeback. The necessary reduction of fab loadings will have a negative impact on near-term gross margins, but we expect margins to start looking up as restructuring actions are completed. </p>
<p align="left"><b>Buy SINA Corp. at These Levels</b> </p>
<p align="left"><b>SINA Corp.</b> (<a href="void(0)">SINA</a>) 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. </p>
<p align="left">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. </p>
<p align="left"><b>Vodafone's Strong Connection</b> </p>
<p align="left">We maintain our Buy recommendation for <b>Vodafone Group PLC</b> (<a href="void(0)">VOD</a>), the largest revenue generating international wireless carrier. The company's recent operating results are highlighted by strong growth in overall subscriber count bolstered by record customer additions in its Indian operation. </p>
<p align="left">Additionally, solid growth in service revenue from emerging markets (in Asia and the Middle East) has been accompanied by sequentially improved results across most of the major European markets. Meanwhile, Vodafone continues to accelerate 3G wireless service deployments and expanding network availability across Asia, Eastern Europe and Africa, primarily through acquisitions. </p>
<p align="left"></p>
<p align="left">Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: <a href="http://at.zacks.com/?id=2649">http://at.zacks.com/?id=2649</a>. </p>
<p align="left">About Zacks Equity Research </p>
<p align="left">Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. </p>
<p align="left">Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. </p>
<p align="left">Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: <a href="http://at.zacks.com/?id=2677">http://at.zacks.com/?id=2677</a> </p>
<p align="left"><b>About Zacks </b></p>
<p align="left">Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at <a href="http://at.zacks.com/?id=4580">http://at.zacks.com/?id=4580</a>. </p>
<p align="left">Visit <a href="http://www.zacks.com/performance">http://www.zacks.com/performance</a> for information about the performance numbers displayed in this press release. </p>
<p align="left">Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. </p>
<p align="left">Contact:<br />Mark Vickery<br />Web Content Editor<br />312-265-9380<br />Visit: www.zacks.com<br /></p>
<p align="left"></p><a href="http://www.zacks.com">Zacks Investment Research</a><br />]]></description>
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		<title>Buy SINA Corp. at These Levels &#8211; Analyst Blog</title>
		<link>http://www.straightstocks.com/stock-watch/buy-sina-corp-at-these-levels-analyst-blog/</link>
		<comments>http://www.straightstocks.com/stock-watch/buy-sina-corp-at-these-levels-analyst-blog/#comments</comments>
		<pubDate>Wed, 18 Mar 2009 15:40:59 +0000</pubDate>
		<dc:creator>Zacks Market Commentaries</dc:creator>
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		<guid isPermaLink="false">http://www.zacks.com/stock/news/18303/Buy+SINA+Corp.+at+These+Levels+-+Analyst+Blog</guid>
		<description><![CDATA[<br /><span style="font-weight: bold;">SINA Corp.</span> (<a href="http://www.zacks.com/stock/quote/sina">SINA</a>) 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.<br /><br />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.<br /><br />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.<br /><br /><span style="font-style: italic;">Priyanka Poddar contributed to this report.</span>
<br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=GENSYND_ZER&#38;t=SINA">Read the full analyst report on "SINA"</a><br /><a href="http://www.zacks.com">Zacks Investment Research</a><br />]]></description>
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		<title>MCG Capital Braces for Downturn &#8211; Analyst Blog</title>
		<link>http://www.straightstocks.com/stock-watch/mcg-capital-braces-for-downturn-analyst-blog/</link>
		<comments>http://www.straightstocks.com/stock-watch/mcg-capital-braces-for-downturn-analyst-blog/#comments</comments>
		<pubDate>Fri, 05 Dec 2008 14:58:24 +0000</pubDate>
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		<description><![CDATA[<br /><span style="font-weight: bold;">MCG Capital Corporation</span> (<a href="http://www.zacks.com/stock/quote/mcgc">MCGC</a>) 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.<br /><br />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.<br /><br />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. <br /><br />However, given current market challenges, we expect greater deterioration in the originations in coming months. Further, with a substantial exposure to small and midsized companies, MCGC remains quite susceptible to the economic downturn. We maintain our Hold rating on the shares.<br /><br /><span style="font-style: italic;">Kalyan Nandy contributed to this report.</span><br /><br /><a href="http://www.zacks.com/ZER/zer_comp_reports.php?f_ticker=mcgc">Read the full analyst report on MCGC</a><br /><br /><br />
<br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#038;d_alert=rd_final_rank&#038;ADID=YAHOO_content_ZRANK&#038;t=MCGC">"MCGC" Free Stock Analysis: Buy? Sell? Hold?</a><br /><a href="http://www.zacks.com" alt="Investment Research">Zacks Investment Research</a><br />]]></description>
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		<title>SINA Corp. Shows Olympic Bump &#8211; Analyst Blog</title>
		<link>http://www.straightstocks.com/stock-watch/sina-corp-shows-olympic-bump-analyst-blog/</link>
		<comments>http://www.straightstocks.com/stock-watch/sina-corp-shows-olympic-bump-analyst-blog/#comments</comments>
		<pubDate>Fri, 26 Sep 2008 13:26:11 +0000</pubDate>
		<dc:creator>Zacks Market Commentaries</dc:creator>
				<category><![CDATA[Stocks to Watch]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[Blog]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[information services]]></category>
		<category><![CDATA[Internet penetration]]></category>
		<category><![CDATA[Olympic]]></category>
		<category><![CDATA[olympics]]></category>
		<category><![CDATA[on-line advertising]]></category>
		<category><![CDATA[online brand ad market]]></category>
		<category><![CDATA[online brand advertising]]></category>
		<category><![CDATA[online brands]]></category>
		<category><![CDATA[online media]]></category>
		<category><![CDATA[SINA Corp.]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://www.zacks.com/stock/news/14928/SINA+Corp.+Shows+Olympic+Bump+-+Analyst+Blog</guid>
		<description><![CDATA[<p><strong>SINA Corporation</strong> (<a href="http://www.zacks.com/stock/quote/sina">SINA</a>) 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.</p>
<p>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.</p>
<p>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.</p>
<p><a href="http://www.zacks.com/ZER/zer_comp_reports.php?f_ticker=sina">Read the full analyst report on SINA</a><br /></p>
<p></p><br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=YAHOO_content_ZRANK&#38;t=SINA">"SINA" Free Stock Analysis: Buy? Sell? Hold?</a><br /><a href="http://www.zacks.com">Zacks Investment Research</a><br />]]></description>
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		<title>Westwood One Inc. (WON) &#8211; A Major Content Provider</title>
		<link>http://www.straightstocks.com/small-cap-and-micro-cap-stocks/westwood-one-inc-won-a-major-content-provider/</link>
		<comments>http://www.straightstocks.com/small-cap-and-micro-cap-stocks/westwood-one-inc-won-a-major-content-provider/#comments</comments>
		<pubDate>Mon, 15 Sep 2008 18:15:46 +0000</pubDate>
		<dc:creator>QualityStocks</dc:creator>
				<category><![CDATA[Small & Micro Cap]]></category>
		<category><![CDATA[analog]]></category>
		<category><![CDATA[CBS Corporation]]></category>
		<category><![CDATA[CBS Radio Inc.]]></category>
		<category><![CDATA[cellular probe technology]]></category>
		<category><![CDATA[digital technologies]]></category>
		<category><![CDATA[in-vehicle navigation systems]]></category>
		<category><![CDATA[information services]]></category>
		<category><![CDATA[Media Content]]></category>
		<category><![CDATA[Media Opportunities]]></category>
		<category><![CDATA[media partners]]></category>
		<category><![CDATA[media platforms]]></category>
		<category><![CDATA[Metro Networks]]></category>
		<category><![CDATA[New York City]]></category>
		<category><![CDATA[new york stock exchange]]></category>
		<category><![CDATA[online industries]]></category>
		<category><![CDATA[owned subsidiary]]></category>
		<category><![CDATA[Radio Inc.]]></category>
		<category><![CDATA[radio networks]]></category>
		<category><![CDATA[Shadow Broadcast Services]]></category>
		<category><![CDATA[SmartRoute Systems]]></category>
		<category><![CDATA[traffic reporting services]]></category>
		<category><![CDATA[travel content]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[video news services]]></category>
		<category><![CDATA[voice portal]]></category>
		<category><![CDATA[Westwood One Inc.]]></category>
		<category><![CDATA[wireless users]]></category>

		<guid isPermaLink="false">http://Blog.QualityStocks.net/?p=12354</guid>
		<description><![CDATA[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 [...]]]></description>
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