For Immediate Release

Chicago, IL – November 11, 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: AT&T Inc (T), Centennial Communications Corp (CYCL), Verizon (VZ), JA Solar Holdings Co. Ltd. (JASO) and AutoNation (AN).

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Here are highlights from Tuesday’s Analyst Blog:

AT&T Completes CYCL Acquisition

AT&T Inc (T) has reportedly completed its much anticipated acquisition of Centennial Communications Corp (CYCL), the eighth largest US wireless carrier by subscribers. This follows the recent approvals of the transaction by the US Department of Justice and US

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AT&T Inc (T) has reportedly completed its much anticipated acquisition of Centennial Communications Corp (CYCL), the eighth largest US wireless carrier by subscribers. This follows the recent approvals of the transaction by the US Department of Justice and US telecom regulator Federal Communications Commission (“FCC"). The transaction, which was originally set to complete in second-quarter 2009, is now officially closed.  As per the agreement terms, shareholders of Centennial will receive $8.50 in cash for every share they own, equating to approximately $944 million. Including net debt, the aggregate value of the deal is $2.7 billion. AT&T will take appropriate steps to redeem all of Centennial’s outstanding debts. AT&T expects minimal dilution to earnings and cash flow in 2009 given the upfront integration costs.  The acquisition has expanded AT&T’s wireless coverage to include the rural areas of the Midwest and Southeast regions of the US as ...

Hess Corp. (HES) reported third-quarter earnings of 74 cents per diluted share, easily beating the Zacks Consensus Estimate of 54 cents. However, the result was much lower than the year-ago earnings of $2.37. Before adjusting for one-time items, the company posted earnings per share of $1.05.  The Exploration and Production (E&P) segment posted a $397 million profit in the quarter, compared to $699 million in the year-earlier quarter. Results were negatively impacted by significant declines in commodity prices and other incremental costs.  Quarterly crude oil and natural gas production, on an oil equivalent barrel basis, was 420,000 barrels of oil equivalent per day (MBOE/d) - 74% liquids and 26% natural gas - up more than 16% year-over-year and more than 3% sequentially.  Worldwide crude oil realization per barrel during the quarter was $56.07 (including the impact of hedging), up 14% sequentially, but down approximately 40% ...

AT&T Inc’s (T) much anticipated acquisition of regional wireless and wireline service provider Centennial Communications Corp (CYCL), has progressed a step further as the US wireless giant has reportedly received a conditional approval of the US Department of Justice (“DOJ").  The acquisition is now subject to the approval of the US telecom regulator Federal Communications Commission. The US antitrust approval is based on fulfillment of specific conditions which requires AT&T to divest certain Centennial assets in eight markets across Louisiana (central and southern) and southwestern Mississippi .  This is due to the fact that the acquisition may potentially hurt consumer interest in these regions. As part of this requirement, AT&T has already committed to sell wireless assets in five of the eight markets to its rival operator Verizon (VZ) for $240 million. AT&T announced its acquisition of Centennial for approximately $2.8 billion (including net debt) ...

Retail sales were better than expected in August, whether you count the Cash for Clunkers program or not, which likely helped Perry Ellis International, Inc. (PERY) with its more than 8% gain this afternoon.

< ?DART(15);?> However, apart from the macroeconomic news, this apparel company also recently reported it's fiscal second-quarter numbers and signed a deal with Pierre Cardin.

Earnings estimates for this top-performing Zacks #1 Rank company have moved sharply higher in the past month with strong analyst agreement.

In addition to PERY, there are 5 other names from the Textile-Apparel industry on today's Zacks #1 Rank List, which includes 225 names. Those other companies are G-III Apparel Group Ltd. (GIII), Guess?, Inc. (GES), Maidenform Brands, Inc. (MFB), Phillips-Van Heusen Corporation (PVH) and Polo Ralph Lauren Corporation (RL).

Volume today is at 145,000 shares, compared to the

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PERY, Perry Ellis International Inc.

BIEL, BioElectronics Corp, BIEL.PK

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PERY, Perry Ellis International Inc.

PERY is a leading designer, distributor and licensor of a broad line of high quality men’s, women’s and children’s apparel, accessories, and fragrances.

PERY through its wholly owned subsidiaries, owns or licenses a portfolio of brands that includes 29 of the leading names in fashion such as Perry Ellis®, Perry Ellis America®, Perry Ellis Portfolio®, Jantzen®, Laundry by Shelli Segal®, C&C California®, Cubavera®, Munsingwear®, Savane®, Farah®, Original Penguin® by Munsingwear®, Grand Slam®, Natural Issue®, Pro Player®, the Havanera Co.®, Axis®, Axist®, Manhattan®,

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TerreStar Corporation

(Public, NASDAQ:TSTR)

TerreStar Corporation’s recent launch of TerreStar-1, world’s largest communication satellite is progressing nicely through the critical stages, well on its way to reaching a geostationary orbit.

TerreStar 1 will be maneuvered into a circular geostationary orbit eventually parking itself above the equator at 111 degrees West longitude to cover the United States, Canada, Puerto Rico and the U.S. Virgin Islands.

A geosynchronous satellite is a satellite whose orbital track on the Earth repeats regularly over points on the Earth over time. If such a satellite’s orbit lies over the equator and the orbit is circular, it is called a geostationary satellite. The orbits of the satellites are known as the geosynchronous orbit and geostationary orbit. Another type of geosynchronous orbit is the Tundra elliptical orbit.

TerreStar-1 will soon offer and deploy a geosynchronous network offered to AT&T users with a base for

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AT&T Inc.’s (T) much-anticipated acquisition of Centennial Communications Corp. (CYCL), a regional wireless and wireline service provider, has been pushed back to the third quarter. The deal, originally set to close by the second quarter of 2009, is still under regulatory assessment and other procedures.

On November 7, 2008, AT&T announced its acquisition of Centennial for approximately $2.8 billion (including net debt). As per the agreement, shareholders of Centennial will receive $8.50 in cash for each stock they own, amounting to approximately $944 million.

In February 2009, the shareholders of Centennial unanimously approved the acquisition, which is now subject to regulatory clearances of the Department of Justice and Federal Communications Commission. AT&T expects minimal dilution to earnings and cash flow in the first year following the close of the transaction.

With the purchase of Alltel Wireless Corp in early 2009, Verizon (VZ) surpassed AT&T as the

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The fraud scandal surrounding Allen Stanford and his consortium of investment firms grew to shocking proportions today (Thursday) as it spread its tentacles from the United States and the Caribbean to Latin America and Europe.

The sordid web of allegations against Stanford grew from outright fraud and security violations to possible connections with Mexican drug cartels, money laundering, and canceled cricket matches as people scrambled to get their money back from firms linked to the Texas billionaire.

Meanwhile, the U.S. Security Exchange Commission, already reeling from the shock generated by the alleged $50 billion Ponzi scheme fraud blamed on Wall Street veteran Bernard Madoff, could offer no assurances that more scandals would not occur.

When asked whether there would be more fraud cases of the scale and scope of Madoff and Stanford, U.S. Attorney General Eric Holder told reporters: “It’s hard to say. I’d like

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Collective Brands keeps selling shoes despite the economic downturn as it focuses on designer brands. The company has surprised 3 out of 4 quarters by an average of 28.14%. Collective Brands has a forward P/E of 12.87.

Company Description

Collective Brands Inc. (PSS) is a national shoe retailer that is the largest non-athletic footwear company in the Western Hemisphere. The company has three divisions: Payless Shoesource, Stride Rite and Collective Licensing International.

Payless ShoeSource was founded in 1956 and has 4,600 retail stores in all 50 U.S. states, as well as in Puerto Rico, Guam, Saipan, the U.S. Virgin Islands, Canada, Central America, the Caribbean, and South America.

Payless' brands include Dexter, Disney, Champion and designer collections: Abaeté for Payless, Lela Rose for Payless and alice + olivia for Payless. The company now has a footwear and accessory design team in New York City. The

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