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Zacks Analyst Blog Highlights: Nanosphere, Inc., CBS Corporation, News Corporation, Corrections Corporation of America and John Bean Technology Corp. – Press Releases

Zacks Market Commentaries (May 12th, 2009) Writes:
For Immediate Release

Chicago, IL - May 12, 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: Nanosphere, Inc. (NSPH), CBS Corporation (CBS), News Corporation (NWS), Corrections Corporation of America (CXW) and John Bean Technology Corp. (JBT).

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 Monday's Analyst Blog:

Nanosphere Q1 Revs Disappoint

Nanosphere, Inc. (NSPH) reported financial results for the period ending March 31, 2009 following the market close on May 7, 2009. Revenue came in at $255,225, all of which was from product sales, which consisted largely

...

NewsCorp to Try Micro-Payments – Analyst Blog

Zacks Market Commentaries (May 11th, 2009) Writes:
In a move designed to reduce its reliance on advertising revenues, Editor-in-chief of Dow Jones and managing editor of The Wall Street Journal (WSJ, a subsidiary of News Corporation [NWS]), Robert Thomson yesterday unveiled plans to introduce a "sophisticated micro-payments service" for access to individual online articles later this year. The announcement is consistent a number of key personnel changes, which point to a greater emphasis on the company's digital media assets going forward.News Corp. recently reported lower-than-expected net income of $2.7B, effectively flat y/y, compared with $2.7B in 3Q08. Total operating income decreased 48% y/y, primarily due to a 97% y/y and 99% y/y decline in Newspaper and Film division contributions respectively.In the company's conference call, Chairman and CEO Rupert Murdoch provided a slightly more optimistic outlook than 2Q09 on medium term earnings prospects suggesting that advertisers were slowly returning to the marketplace. ...

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.

...

NewsCorp: More Top-Level Changes – Analyst Blog

Zacks Market Commentaries (April 24th, 2009) Writes:
More Management Changes at NewsCorp Since posting a weaker than expected 2Q09 financial result on February 5, 2009, the year so far for News Corporation (NWS) has been marked by a number of key personnel changes. Commencing with the stepping down of long-time employee, President and Chief Operating Officer and CEO of the Fox Group Peter Chernin, followed by the appointment of former AOL CEO Jonathan Miller to the position of Chairman and Chief Executive Officer, Digital Media Group and Chief Digital Officer for News Corporation.Finally, on Tuesday of this week,  the company announced that MySpace CEO Chris DeWolfe would not be renewing his contract and stepping down in the near future. However, Mr. DeWolfe would remain on the board of MySpace China and continue to act as strategic advisor to the company.In the company's 2Q09 conference call, Chairman and CEO Rupert ...

NewsCorp Results – A Post-Script – Analyst Blog

Zacks Market Commentaries (February 10th, 2009) Writes:
NewsCorp (NWS) Postscript - Cyclical Downturn or Secular Change for Advertising? Notwithstanding the approximately $2B write down in value of its $5.7B takeover of Dow Jones in late 2007, the release of 2Q09 NWS financial results last week also raised concerns over the future of advertising.In the conference call accompanying the earnings release, Chairman and CEO Rupert Murdoch indicated the possibility that when the economy finally recovers, advertising dollars may never return to major media outlets at previous levels given the impact of the Internet, which continues to fragment end markets and challenge traditional mass marketing techniques. According to Murdoch, there is “an almost infinite increase in inventory for websites and for display. So, there is constant downward pressure on the rates you could get.” NWS reported a lower-than-expected 2Q09 loss of $6.4B, which included an $8.4B pre-tax non-cash impairment charge related ...

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