International Game Technology (IGT) reported adjusted earnings of 19 cents per share during fiscal 2009 fourth quarter, compared to a net income of 28 cents in the year-ago quarter. The result topped the Zacks Consensus Estimate by 3 cents.  In the quarter, the company recorded non-cash charges of approximately $77.2 million, or 26 cents per share to give effect to a reduction in the carrying value of its investment in Walker Digital Gaming Inc. These charges also included a decline in the value of its Las Vegas Gaming International investment and foreign deferred tax provision.  Total revenue fell 18.6% to $514.6 million from the year-ago quarter, primarily due to weakness in product revenue (45% of total revenue), which fell 23.2% to $231.4 million, while units shipped worldwide decreased 30% year-over-year. Revenue from Gaming Operations (55% of total revenue) decreased 14.4% year over year to $283.2 million due to the lower play ...

International Game Technology (IGT) today announced that it would record a non-cash charge of approximately $78 million, or 26 cents per share in the fourth quarter to give effect to a reduction in the carrying value of its investment in Walker Digital Gaming Inc. In August, the company reconsidered its partnership with Walker Digital Gaming.   The company also expects to record about $13 million in charges related to a decline in the value of its Las Vegas Gaming International investment. IGT will also take into consideration $15 million of additional tax provisions.   The company said that the charges reflect its initiatives to review strategic investments and partnerships that focus on its gaming content, to increase the efficiency of its capital resources. These charges will severely affect the company’s margins and earnings.   International Game Technology is a leader in slot machine distribution and manufacturing.  IGT sells ...

For Immediate Release

Chicago, IL – August 14, 2009 – Zacks Equity Research highlights Gafisa S.A. (GFA) as the Bull of the Day and King Pharmaceuticals (KG) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Bally (BYI), International Game Technology (IGT) and WMS Industries Inc. (WMS).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676

Here is a synopsis of all five stocks:

Bull of the Day:

We are reiterating our Outperform recommendation on Gafisa S.A. (GFA). We have been encouraged by the stimulus package and the new value-added tax relief recently announced by the Brazilian government.

Second quarter 2009 results were positive, mainly considering the international crisis, which has affected Brazil's construction sector.

The new Government Housing Program and the R$600 million debenture from Caixa Economica will help Tenda to expand its business plan

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The Zacks Rank Buys featured in this article are: Aeropostale, Inc. ( Aeropostale is a mall-based, specialty retailer of casual apparel and accessories, principally targeting 14 to 17 year-old young women and men. The Company provides customers with a focused selection of high-quality, active-oriented, fashion and fashion basic merchandise at compelling values.

Pouring it on

After 20 estimate revisions since the last time Aeropostale was featured estimates for 2009 are now averaging $2.55, up 22 cents. This would be year-over-year earnings growth of 15.5%. With

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For Immediate Release

Chicago, IL - May 19, 2009 - Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.

The four highlighted picks are: WMS Industries Inc. (WMS), The Buckle, Inc. (BKE), Priceline.com Inc. (PCLN) and The Pantry, Inc. (PTRY).     Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=88

Zacks #1 Rank Stocks have nearly tripled the S&P 500 since 1988, producing an average annual return of +28%. Performance has been notable even during volatile and down times. For example, during the last bear market, 2000-2002, the market tumbled -37.6% - but Zacks #1 Rank stocks gained +43.8%.

Here is

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Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

The AES Corp (AES) Michael Baker Corp (BKR) Ctrip.com International Ltd (CTRP) Huaneng Power International Inc (HNP) POSCO (PKX) Sanofi-Aventis SA (SNY) Telefonica SA (TEF) UGI Corp (UGI) Westpac Banking Corp (WBK) WMS Industries Inc (WMS) View the entire Zacks #1 Rank List.

"AES" Free Stock Analysis: Buy? Sell? Hold?"BKR" Free Stock Analysis: Buy? Sell? Hold?"CTRP" Free Stock Analysis: Buy? Sell? Hold?"HNP" Free Stock Analysis: Buy? Sell? Hold?"PKX" Free Stock Analysis: Buy? Sell? Hold?"SNY" Free Stock Analysis: Buy? Sell? Hold?"TEF" Free Stock Analysis: Buy? Sell? Hold?"UGI" Free Stock Analysis: Buy? Sell? Hold?"WBK" Free Stock Analysis: Buy? Sell? Hold?"WMS" Free Stock Analysis: Buy? ...

With the proliferation of casinos all across the United States, especially on Native American reservations, there may be an opportunity in the manufacturers of the slot machines, video poker machines, and bingo machines. According to the U.S. Bureau of Labor Statistics, because of the growth of and increasing popularity of Indian casinos and racinos [a racetrack with a casino], employment in gaming services occupations is projected to grow by 23 percent between 2006 and 2016, which is much faster than the average for all occupations. You will have to decide if any of the following stocks are worth betting on. International Game Technology (IGT) makes and sells computerized slot, video poker slot, and other gaming equipment and network systems, including big better tracking. The stock has a PE of 26 and a PEG of 1.77 and pays a yield of 1.6%. Bally Technologies, Inc. (BYI) makes and markets slot and other gaming machines ...

Author: wallstripAdded: Sun, 02 Mar 2008 22:16:19 -0800Duration: 145

(3-3-08) If poker isn't your game, you could always try the slots. WMS Industries Inc. (WMS)