For Immediate Release

Chicago, IL – October 13, 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: Royal Philips Electronics (PHG), Sony Corporation (SNE), General Electric Company (GE), Panasonic Corporation (PC) and Nucor Corporation (NUE).

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Here are highlights from Monday’s Analyst Blog:

Philips Misses Zacks Consensus

Royal Philips Electronics (PHG) reported earnings of 27 cents per share for the third quarter of 2009, below the Zacks Consensus Estimate of 38 cents.

Sales amounted to $8.04 billion, a decline of 11% on both nominal and comparable bases.

Healthcare

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Markets advanced Monday morning, with oil reaching a 6-week high above $73 a barrel, a rally in European stocks after Royal Philips Electronics announced its glowing earnings report, and a general sense of economic recovery. Going into a foreseeably light Columbus Day of trading, a weaker dollar has pushed all major energy and commodities sectors notably higher, extending last week’s gains, in anticipation of an onslaught by a spate of Q3 earnings data over the next few weeks.

Intel is poised to offer solid earnings data Tuesday afternoon and many investors are expecting a bullish Q4 outlook from the company, setting a positive tone for chip manufacturers. Fairchild Semiconductor (FCS) and Cypress Semiconductor (CY) data will be out before Thursday’s markets open with Advanced Micro Devices (AMD) posting its report after the close. Nokia, IBM and Google will also report Thursday with JPMorgan Chase & Co., Goldman Sachs Group Inc.,

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Royal Philips Electronics (PHG) reported earnings of 27 cents per share for the third quarter of 2009, below the Zacks Consensus Estimate of 38 cents. Sales amounted to $8.04 billion, a decline of 11% on both nominal and comparable bases. Healthcare sales declined by 4% on a comparable basis due to declines at Clinical Care Systems, Imaging Systems and Healthcare Informatics. Consumer Lifestyle sales fell by 15% on a comparable basis, due to declines in all businesses except Health & Wellness. Lighting sales declined by 13% on a comparable basis, led by double-digit declines at Professional Luminaires, Lighting Electronics and Automotive Lighting. In mature markets, double-digit declines at Lighting and Consumer Lifestyle were offset by a mid-single digit decline at Healthcare. Sales in emerging markets showed sequential improvement although it remained 11% below the level achieved in the corresponding prior-year quarter....

As with the rest of the market, GE’s stock has rallied significantly off its March closing low ($6.66, 3/5/09). Maybe more comforting, the stock’s now seems to have firmly developed support above $10 per share. While not significant from a fundamental stand point. $10 stocks are sometimes a key threshold for certain mutual funds or a significant psychological threshold for many retail investors. I mentioned in a previous post about GE’s good fortune after surprisingly poor headlines (a dividend cut and the loss of its sterling credit rating) that the stock may no longer be within the risk tolerance of its traditional investor base - conservative, income oriented investors. GE’s stock, however, should be very compelling to a new set of investors - value investors. 

Crude GE Cash Flow Valuation GE Cash Flow from Operating Activities was

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