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Zacks Analyst Blog Highlights: Texas Instruments, State Street Corporation, Zions Bancorporation, Comerica Inc. and Regions Financial – Press Releases

Zacks Market Commentaries (October 21st, 2009) Writes:

For Immediate Release

Chicago, IL – October 21, 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: Texas Instruments (TXN), State Street Corporation (STT), Zions Bancorporation (ZION), Comerica Inc. (CMA) and Regions Financial (RF).

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 Tuesday’s AnalystBlog:

TI Beats; Guidance Conservative

Texas Instruments (TXN) reported third quarter results that beat the Zacks Consensus Estimate by 3 cents. Revenue beat the consensus by 2.1%.

Revenue of $2.88 billion was up 17.2% sequentially, the second straight quarter of 17%+ growth. However, revenue declined 15.0% on a

...

Zions Shows Continued Losses – Analyst Blog

Zacks Market Commentaries (October 20th, 2009) Writes:
Zions Bancorporation (ZION) reported a third quarter 2009 net loss applicable to common shareholders of $179.5 million or $1.41 per share, compared to net loss of $40.7 million or 35 cents per share in the prior quarter and a net income of $33.4 million or $0.31 per share in the prior-year quarter. Results were substantially short of the Zacks Consensus Estimated loss of $1.29. Results included the acquisition of the failed Vineyard Bank with FDIC assistance in July, which resulted in a pretax acquisition related gain of $146.2 million for the third quarter of 2009. It also included credit-related impairment losses on investment securities of $56.5 million compared to $42.0 million in second quarter of 2009. Tax-equivalent net interest income for the quarter decreased 3.5% sequentially and 3.2% year-over-year to $482.0 million. Net Interest Margin (NIM) declined 18 bps sequentially and 22 bps on a year-over-year ...

Zacks Bull and Bear of the Day Highlights: Joy Global, Zions Bancorporation, Fannie, Freddie and J.P. Morgan – Press Releases

Zacks Market Commentaries (September 16th, 2009) Writes:

For Immediate Release

Chicago, IL – September 16, 2009 – Zacks Equity Research highlights Joy Global (JOYG) as the Bull of the Day and Zions Bancorporation (ZION) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Fannie (FNM), Freddie (FRE) and J.P. Morgan (JPM).

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 confident about the long-term fundamentals of the mining industry, which is further supported by a sustainable secular shift in commodity demand in the emerging economies. This will provide Joy Global (JOYG) substantial growth potential once the global economy emerges from the ongoing turmoil.

Joy Global aims at maximizing operating efficiency and useful life of mining equipment through value-added aftermarket services, which gives the company significant edge over its competitors.

...

PennyOmega.com Stock Report! 7/22/09, EMCF, JAH, LLY, MTSC, ICE, ZION

Penny Omega (July 22nd, 2009) Writes:

PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

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Wednesday, July 22, 2009

PennyOmega.com Stock Report!

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Emclaire Financial Corp. (OTCBB: EMCF), the parent holding company of The Farmers National Bank of Emlenton, reported consolidated net income of $1.1 million or $0.61 per common share for the six months ended June 30, 2009. Net income for the year to date period decreased $24,000 or 2.2%, as compared to net income of $1.1 million or $0.87 per common share for the six months ended June 30, 2008.

Jarden Corporation (NYSE: JAH) today reported its financial results for the three and six months ended June 30, 2009. For the three months ended June 30, 2009, net sales decreased 6.6%

...

Zacks Analyst Blog Highlights: Allscripts-Misys Healthcare Solutions, Cerner Corporation, Quality Systems Inc., MedAssets Inc. and Zions Bancorporation – Press Releases

Zacks Market Commentaries (July 22nd, 2009) Writes:

For Immediate Release

Chicago, IL – July 22, 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: Allscripts-Misys Healthcare Solutions (MDRX), Cerner Corporation (CERN), Quality Systems Inc. (QSII), MedAssets Inc. (MDAS) and Zions Bancorporation (ZION).

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 Tuesday’s Analyst Blog:

AllScripts Posts Strong Q4 & FY

Allscripts-Misys Healthcare Solutions (MDRX) reported fourth quarter and full fiscal year 2009 results. Both Non-GAAP EPS and revenue for the quarter exceeded the Street’s expectations.

Non-GAAP EPS was $0.16, above the $0.15 expected by the Street. Total revenue for

...

ZION’s 2Q Shows Mixed Results – Analyst Blog

Zacks Market Commentaries (July 21st, 2009) Writes:
On July 20, 2009, Zions Bancorporation (ZION) reported the second quarter of 2009 financial results. Adjusted loss for the quarter came in at $0.04 per diluted share, substantially ahead of our estimates and consensus. Net loss for the quarter came in at $40.7 million or $0.35 per share, largely driven by impairment losses on investment securities of $42.0 million and valuation losses due to write-downs of impaired securities of $11.7 million. The loss was also caused by significantly higher provisions for loan losses. Excluding impairment losses and valuation losses on investment securities, operating loss came in at $4.7 million or $0.04 per diluted share, compared to the loss of $44.9 million or $0.39 per diluted share in the prior quarter, and adjusted net income of $70.0 million or $0.66 per diluted share in the prior-year quarter. Tax-equivalent net interest income for the quarter increased 3.9% sequentially ...

Zacks Industry Rank Analysis Highlights: Associated Banc-Corp, Susquehanna Bancshares, Inc., IBERIABANK Corporation, First Horizon National Bank and Zions Bancorporation – Press Releases

Charles Rotblut (July 16th, 2009) Writes:

For Immediate Release

Chicago, IL – July 16, 2009 – Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week’s analysis include Associated Banc-Corp (ASBC), Susquehanna Bancshares, Inc. (SUSQ), IBERIABANK Corporation (IBKC), First Horizon National Bank (FHN) and Zions Bancorporation (ZION).

Zacks Industry Rank Analysis is written by Charles Rotblut, CFA, Senior Market Analyst for Zacks.com.

This Week: Regional Banks: Outlook Still Uncertain

Though sentiment towards the financial sector has improved significantly since early March, many banks continue to face significant headwinds.

This can be seen in the ongoing cuts to profit forecasts. During the past 4 weeks, brokerage analysts have lowered their full-year profit forecasts on more than 100 regional banks.

The regional banks may not get as many headline stories as their mega-cap peers, but they do play a very important role in the

...

Yet More Banks Recession Victims – Analyst Blog

Zacks Market Commentaries (July 6th, 2009) Writes:
Even more banks turn victims of recessionU.S. regulators have shut down 7 more banks with total assets of about $1.5 billion, bringing the total number of failed U.S. banks during 2009 so far to 52, compared to 25 in 2008 and 3 in 2007. This marks the largest number of bank failures in one week during the 2008-2009 banking crisis, breaking the previous record of five bank failures in the previous week.The failed banks witnessed massive capital erosion stemming from losses due to significant exposure in collateralized mortgage obligations (CMOs), commercial real estate loans and other commercial and industrial loans.The Federal Deposit Insurance Corp. (FDIC) was appointed receiver of the following 7 failed banks: The John Warner Bank of Clinton, First State Bank of Winchester, Rock River Bank of Oregon, Elizabeth State Bank, Founders Bank, First National Bank of ...

Zacks Bull and Bear of the Day Highlights: IBM Corporation, Align Technology, Zions Bancorporation, J.C. Penney and Nordstrom. – Press Releases

Zacks Market Commentaries (May 21st, 2009) Writes:
For Immediate Release

Chicago, IL - May 21, 2009 - Zacks Equity Research highlights IBM Corporation (IBM) as the Bull of the Day and Align Technology (ALGN) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Zions Bancorporation (ZION), J.C. Penney (JCP) and Nordstrom (JWN).

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:

As a result of its large non-US revenue base, IBM Corporation (IBM) has been better insulated from the recent weakness in the U.S. economy than many of its peers. IBM's Q109 results indicate its strong position in emerging markets, which should continue to help drive growth.

Moreover, the company has focused on driving its bottom line through cost cutting efforts. It

...

Fed Minutes: Signs of Improvement – Analyst Blog

Charles Rotblut (May 20th, 2009) Writes:
Highlights include Zions Bancorporation (ZION), J.C. Penney Co., Inc. (JCP) and Nordstrom, Inc. (JWN).The minutes of the Apr 28-29 Fed meeting confirmed what many of us have been observing -- the rate of economic deterioration is slowing.In describing the economy, meeting participants opined, "The pace of decline in some components of final demand appeared to have slowed recently." In layman's terms, this means the economy is still going downhill, but as not as quickly as before.Because of this, the Fed revised its forecast for economic growth to reflect a comparatively more optimistic outlook. The central bank expects real GDP to "edge higher in the second half and then increase moderately next year."However, the Fed also warned that growth would be restrained over the foreseeable future. It particularly cited financial services and housing as sectors that "might well account for ...

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