|By PR Newswire||
|March 17, 2014 09:30 AM EDT||
CHICAGO, March 17, 2014 /PRNewswire/ -- 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 the Facebook (Nasdaq:FB-Free Report), Microsoft (Nasdaq:MSFT-Free Report), Google (Nasdaq:GOOG-Free Report), Yahoo (Nasdaq:YHOO-Free Report) and Travelers Companies, Inc. (NYSE:TRV-Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Friday's Analyst Blog:
Will Obama Listen to Zuckerberg?
Since the revelation of Edward Snowden's documents and National Security Agency 's (NSA) controversial surveillance practices, Facebook's (Nasdaq:FB-Free Report) founder and Chief Executive Officer (CEO) Mark Zuckerberg has criticized the U.S. government several times in public.
However, for the first time, Zuckerberg directly telephoned President Obama after a media report indicated that NSA has the technology to infect millions of computers globally through malware. The report also alleged that NSA can impersonate a Facebook server and easily infect targeted computers.
Although the discussion has been confirmed by White House, the exact details were not made available. Apparently, the discussion did not satisfy Zuckerberg, who later lambasted U.S. government's stance in a public post:
"The US government should be the champion for the Internet, not a threat. They need to be much more transparent about what they're doing, or otherwise people will believe the worst.
I've called President Obama to express my frustration over the damage the government is creating for all of our future. Unfortunately, it seems like it will take a very long time for true full reform."
The statement sums up the overall mood in the Silicon Valley, as the concerns over Internet's security and privacy continue to escalate each day. Although NSA's denial tried to soothe nerves, the growing mistrust between the government and Industry is a major concern.
Although the spying allegations affect most of the IT companies including Microsoft (Nasdaq:MSFT-Free Report), Google (Nasdaq:GOOG-Free Report) and Yahoo (Nasdaq:YHOO-Free Report), we believe Facebook stands to lose the most as its business is entirely dependent on trust. The company handles huge amount of data and sensitive information of its 1.2 billion users.
To protect it from any kind of espionage, including impersonation, Facebook started encrypting all its pages from 2013. However, increasing government surveillance may alienate users, who will fear that using Facebook will put their privacy at stake. Moreover, this can significantly jeopardize Facebook's dream project Internet.org.
The initiative aims at connecting billions of people, particularly in emerging markets, who will be able to access basic data services such as search and Facebook. For this, Facebook is looking to partner regional carriers. However, the spying allegations may prevent local carriers to join this initiative on the ground that it will bring them into direct surveillance of the U.S. government.
Hence, Zuckerberg's outrage and the resultant phone call to the President are justified. But will it be enough to move Obama? We will be eagerly awaiting the outcome.
Currently, Facebook has a Zacks Rank #2 (Buy).
Travelers Shows Fundamental Stability
The Travelers Companies, Inc. (NYSE:TRV-Free Report) is witnessing solid bottom-line growth fueled by its robust operational strategies. Moreover, the company is also engaged in enhancing its shareholders' value through consistent share repurchase and dividend payments.
Travelers exited 2013 with the bottom line for both the fourth quarter and the full year 2013 surpassing the respective Zacks Consensus Estimate. The fourth quarter witnessed improvement in underlying underwriting gains aided by benign catastrophe activities. Travelers also witnessed higher net investment income and higher net favorable prior-year reserve development. Lower share count, at the same time, boosted the bottom line. Travelers reported record earnings for 2013.
Travelers is focused on reducing operating expenses and acquisition costs in order to improve underwriting margins and enable itself to come up with a more competitively priced product. The company's expense reduction initiatives include the announcement of a plan to cut down on certain claim and other insurance expenses with the majority of the impact in the Agency Automobile line of business. This, when fully implemented, should lead to an annualized savings of $140 million in 2015.
Travelers remains upbeat about its new product Quantum 2.0. It expects this lower cost, lower-priced Auto insurance product to help it improve volumes at attractive returns. Also, the company remains focused on implementing pricing actions that should continue to result in improved returns. With successful implementation of pricing actions, the company effectively revamped its portfolio with better performing classes of businesses.
With respect to enhancing shareholders value, Travelers returned about $27 billion since mid-2006 via share repurchases and dividends. The company noted the amount is nearly reaching its market capitalization. While over the last 5 years, the company increased dividend at a CAGR of 10.8%, its dividend yield of 2.39% betters the industry average of 2.12%. The company also has a new $5 billion share repurchase authorization.
It is also noted that written rate gains continued to exceed expected loss cost trends in all segments. High retention rate, pricing gains, positive renewal rate changes, and a strong capital position are among the positives.
However, exposure to catastrophe events always remains a headwind for property and casualty insurers and Travelers is no exception.
Nonetheless, the solid fundamentals are reflected in the company's Zacks Rank. Travelers currently sports a Zacks Rank #2 (Buy).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
SOURCE Zacks Investment Research, Inc.
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
Mar. 27, 2017 08:15 PM EDT Reads: 6,280
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Mar. 27, 2017 07:45 PM EDT Reads: 2,174
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
Mar. 27, 2017 07:30 PM EDT Reads: 4,567
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
Mar. 27, 2017 06:45 PM EDT Reads: 12,910
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.
Mar. 27, 2017 06:00 PM EDT Reads: 2,996
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Mar. 27, 2017 03:45 PM EDT Reads: 1,406
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Mar. 27, 2017 03:30 PM EDT Reads: 2,956
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Mar. 27, 2017 02:45 PM EDT Reads: 1,952
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....
Mar. 27, 2017 02:30 PM EDT Reads: 4,323
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Mar. 27, 2017 02:30 PM EDT Reads: 3,678
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Mar. 27, 2017 02:30 PM EDT Reads: 4,024
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Mar. 27, 2017 02:00 PM EDT Reads: 2,061
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
Mar. 27, 2017 01:30 PM EDT Reads: 1,211
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
Mar. 27, 2017 01:15 PM EDT Reads: 748
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
Mar. 27, 2017 01:00 PM EDT Reads: 2,081