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Zacks Analyst Blog Highlights: Bank of America, Citigroup, Motorola Inc., China Mobile Ltd. and Mylan, Inc. – Press Releases

Zacks Market Commentaries (October 30th, 2009) Writes:

For Immediate Release

Chicago, IL – October 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: Bank of America (BAC), Citigroup (C), Motorola Inc. (MOT), China Mobile Ltd. (CHL) and Mylan, Inc. (MYL).

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 Thursday’s AnalystBlog:

Contributions to GDP Growth

While residential investment is still near a record low share of the overall economy, I have serious questions about the sustainability of the increase. The extension and expansion of the the tax credit by Congress might keep things going for the next few quarters, but

...

Mylan Beats, Raises Outlook – Analyst Blog

Zacks Market Commentaries (October 29th, 2009) Writes:
Mylan, Inc. (MYL) reported third quarter earnings per share of 32 cents, above both the Zacks Consensus Estimate of 27 cents and 23 cents in the prior-year period. The company reported revenues of $1.26 billion, a 24% decline from the year-ago period. However, the year-ago period included $455 million of revenue related to the sale of the product rights of Bystolic. Excluding this, total revenues increased 5.2% over the third quarter 2008. Revenues would have increased 9%, but for the unfavorable movement of foreign currency. From this quarter onwards, Mylan has decided to report its results in two segments -- Generics and Specialty -- following the acquisition of approximately 24% of the remaining interest in Matrix and the related de-listing. The former Matrix segment has been included in the Generics segment. The Generics Segment, accounting for about 88% of total revenues during the quarter, increased marginally ...

Mylan Drug Gets Tentative OK – Analyst Blog

Zacks Market Commentaries (August 19th, 2009) Writes:
Yesterday, Mylan Inc. (MYL) announced that its Indian subsidiary, Matrix Laboratories, received tentative approval from the US Food and Drug Administration (FDA) under the President's Emergency Plan for AIDS Relief (PEPFAR) for its generic version of a fixed-dose combination of Efavirenz, Emtricitabine, Tenofovir Disoproxil Fumarate tablets in 600 mg/200mg/300 mg dosage strengths.

The decision is in response to an Abbreviated New Drug Application filed by the Indian subsidiary. The tentative approval under PEPFAR is indicative of the fact that the product satisfies all the manufacturing quality, safety and efficacy standards laid down by the agency.

The Efavirenz, Emtricitabine and Tenofovir Disoproxil Fumarate combination is the generic version of Gilead Sciences’ (GILD) Atripla tablets used for the treatment of HIV-1 infection in adults. It combines three anti-AIDS medicines into a single, daily dose for either first- or second-line treatment and is one of the best-selling AIDS products in

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Beacon Equity Research Featured Client: Bio-Matrix Scientific Group, Inc. (BMSN.OB)

QualityStocks (June 16th, 2008) Writes:

Bio-Matrix Scientific Group, Inc. (BMSN.OB) is a leading provider of adipose-derived adult stem cell collection and banking services. The company consists of doctors and scientists who specialize in the collection, processing, and long-term storage of adult stem cells. In addition to the storing of adult stem cells, the company offers storage for umbilical cord blood stem cells from babies.

Bio-Matrix uses the method of liposuction in their adult stem cell collection process. In 2007 there were over 11 million liposuction cases successfully performed in the United States. The process is medically proven, the least invasive, painless, and the safest stem cell collection process to date.

Bio-Matrix’s services are available to the entire population. Adult stem cells can be collected and stored for one’s own therapeutic use in the future. This process is a way to insure the best future healthcare. Today, stem cells

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