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Zacks Analyst Blog Highlights: General Electric, JPMorgan Chase & Co., United Technologies Corp., Tyco International and Precision Castparts Corp. – Press Releases

Zacks Market Commentaries (August 28th, 2009) Writes:

For Immediate Release

Chicago, IL – August 28, 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: General Electric (GE), JPMorgan Chase & Co. (JPM), United Technologies Corp. (UTX), Tyco International (TYC) and Precision Castparts Corp. (PCP).

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 Analyst Blog:

GE to Sell Security Business

General Electric (GE) is arranging to sell its security business, which makes alarms, surveillance systems and other safety products, and hopes to attract bids in the range of $2 billion for the unit. This move represents GE’s strategy

...

GE to Sell Security Business – Analyst Blog

Zacks Market Commentaries (August 27th, 2009) Writes:
General Electric (GE) is arranging to sell its security business, which makes alarms, surveillance systems and other safety products, and hopes to attract bids in the range of $2 billion for the unit. This move represents GE’s strategy of exiting from non-core businesses. GE has hired JPMorgan Chase & Co. (JPM) to sell the portion of its business that makes security products. The business has drawn interest from GE’s rivals United Technologies Corp. (UTX) and Tyco International (TYC). Security assets have traditionally attracted private equity buyers, but due to the difficult economic environment and an expressed interest by GE in selling these assets to a strategic buyer, bid amounts could be depressed for such a product portfolio. It remains in question whether acquirers will be interested in GE Security’s full portfolio of products, or only bits and pieces of the business. General ...

I-Banking Analysts Stock Picks 8/13

CEO Blogger (August 14th, 2008) Writes:

1. Oppenheimer analyst Rick Schafer rates Nvidia a BUY:

Analyst says the next couple of quarters are likely to be tough, but thinks that is well understood. The company’s near-term issues are not chronic, and would continue to be buyers in a still solid long-term story. He still sees Nvidia’s programmable single-chip solution as likely long-term winner, relegating rival ATI two-chip technology to the lower end of the market. Schafer views raised buyback amount as positive for shares.  The analyst sees Nvidia as a compelling risk/reward play for fundamental investors heading into 2009. Schafer says the shares trade at a steep discount to historical averages and peers’ P/Es. He reiterates his $18 target price.

Track his picks at:

http://trackthepros.com/categories.php?category_id=1491

2. Citigroup  Analyst Rates Tween Brands a SELL:

Citigroup analyst Kimberly Greenberger says the company’s plan for a full conversion from Limited Too stores to Justice could be an overreaction to the second-quarter

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