Click here to close now.




















Welcome!

News Feed Item

The Zacks Analyst Blog Highlights:Google, IBM, Facebook, Intel and Sinopec

CHICAGO, April 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 Google (Nasdaq:GOOGL-Free Report), IBM (NYSE:IBM-Free Report), Facebook (Nasdaq:FB-Free Report), Intel (Nasdaq:INTC-Free Report) andSinopec (NYSE:SNP-Free Report).

Zacks Investment Research, Inc., www.zacks.com.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Wednesday's Analyst Blog:

Google Misses, IBM Meets – Both Stocks Dive

Two more big names in technology reported earnings after the bell Wednesday: Google (Nasdaq:GOOGL-Free Report) andIBM (NYSE:IBM-Free Report) each posted lighter sales than expected in their fiscal 1st quarters. Google reported earnings of $5.33 per share (including traffic acquisition costs), a disappointing 17.6% negative surprise, while IBM came in exactly even at $2.54 per share for the quarter.

Google, in particular, has lots of moving parts these days, and many of these are reflected in what we are seeing in the earnings report. Paid clicks are up 26% (some analysts expected this number to be higher) while cost per click (CPC) fell 9%. Much of this stems from Google's increased business on mobile platforms, which command lower ad rates, though this figure improved sequentially from 11% last quarter.

When considering the big picture about Google, however, no one is too concerned about a modest sales or earnings miss in the near-term (well, not "no one" -- late traders are taking the stock behind the woodshed right now), especially while the company remains in the middle of a huge investment phase where its main consideration is the expansion of its user base. Like Facebook (Nasdaq:FB-Free Report), Google seeks to track consumer habits ubiquitously and accurately; it is this motivation that's behind Google's $3.2 billion acquisition of home safety and thermostat firm Nest, among other things.

Harder to gauge is the long-term impact of other pet projects Google has been tinkering with. Of course we all know about Google Glass -- in fact, we've begun to see extensive usage of this product already -- and the self-driving cars Google is developing. Its latest purchase is drone-maker Titan Aerospace, a deal so new there's not even an official dollar figure attached to it yet. But at least the aim here is to increase connectivity in remote areas; again, we see Facebook pursuing the same type of thing.

IBM's business is, fittingly, a bit more old school than that: restructuring its operations to face modern challenges and selling off non-core businesses. We've seen this recently with the pending deal to move their x86 server business for roughly $1 billion, and jettisoning off its Customer Care biz for around half a billion. Like we saw withIntel (Nasdaq:INTC-Free Report) yesterday, the older, PC-based, enterprise-heavy tech firms of yesteryear are modernizing and streamlining at a recognizable pace, but it's going to take time.

Google shares have sold off more than 5% in the after-market. And while the company is still up around 40% year-over-year, GOOGL is now officially down year-to-date. IBM is also down big in the after-market, and is falling to about break-even since the first of the year.

While neither produced the good news investors hoped for, neither did either company perform abysmally. Perhaps they're simply on the early side of an overall correction after hefty gains in the market overall during regular Wednesday trading.

China Stock Roundup

Chinese stocks swung between gains and losses this week amidst mixed economic signals. Markets moved upwards on Monday, retaining the momentum gained last week following a decision to allow cross-border equity trading between Shanghai and Hong Kong.

However, stocks moved downwards on Tuesday after growth in money supply declined. Markets returned to their winning ways today after GDP numbers declined, but exceeded estimates.

Markets and the Economy This Week

The Shanghai Composite Index gained 0.1% on Monday, extending the largest five day rally in nearly two months. The benchmark index gained 3.5% last week, following a decision by China to allow cross-border equity trading between Shanghai and Hong Kong. China Petroleum and Chemical Corp., also known as Sinopec (NYSE:SNP-Free Report) moved up 2.3% while Chongqing Changan Automobile Co. was the largest gainer among consumer discretionary stocks.

Chongqing Changan Automobile gained 10% after announcing that its net income had increased nearly four times. The Hang Seng China Enterprises Index slipped 0.2% while the CSI 300 Index declined 0.1%. Bank stocks declined, and a measure of financial stocks in the CSI 300 lost 0.6%, the largest among the 10 industry groups.

Markets plunged on Tuesday, with Chinese stocks losing by the widest margin in more than a month. The decline was led by financial companies and commodity producers. Bank shares continued to suffer. Poly Real Estate Group Co. and Industrial Bank Co. lost in excess of 3%. Industrial Bank and Huaxia Bank Co. declined by 3% and 2.7% respectively.

The Shanghai Composite Index lost 1.4% while the Hang Seng Index declined 1.6%. The Hang Seng China Enterprises Index plunged 2.1% while the CSI 300 Index lost 1.7%

Tuesday's losses were primarily a result of the slowest recorded growth in money supply which indicated the possibility of an economic downturn. China's most representative gauge of money supply, M2, increased 12.1% in March compared to the year ago figure. This is lower than the 13.3% growth recorded in February.

According to official figures released today, China's GDP increased 7.4% during the first quarter compared to the year ago figure. This figure beat most estimates, but was still the slowest pace in nearly one and a half years. Industrial production increased 8.8% in the month of March, lower than the 8.6% figure recorded during January-February. At 17.6%, fixed-asset investment in March was also lower than the 17.9% for the January-February period.

Financial companies such as Founder Securities Co. chalked up gains. The Shanghai Composite Index moved up 0.2% while the CSI 300 Index gained 0.1%. The Hang Seng China Enterprises Index slipped 0.3% after gaining nearly 1% earlier during the day. The Shanghai Composite has gained 3.5% over the quarter following speculation that the government will announce additional measures to stimulate growth.

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.

About Zacks

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.

Get the full Report on GOOGL - FREE

Get the full Report on IBM - FREE

Get the full Report on FB - FREE

Get the full Report on INTC - FREE

Get the full Report on SNP - FREE

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.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
[email protected]
http://www.zacks.com

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.

Logo - http://photos.prnewswire.com/prnh/20101027/ZIRLOGO

SOURCE Zacks Investment Research, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of tech...
This Enterprise Strategy Group lab validation report of the NEC Express5800/R320 server with Intel® Xeon® processor presents the benefits of 99.999% uptime NEC fault-tolerant servers that lower overall virtualized server total cost of ownership. This report also includes survey data on the significant costs associated with system outages impacting enterprise and web applications. Click Here to Download Report Now!
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on...
Cloud and datacenter migration innovator AppZero has joined the Microsoft Enterprise Cloud Alliance Program. AppZero is a fast, flexible way to move Windows Server applications from any source machine – physical or virtual – to any destination server, in any cloud or datacenter, using its patented container technology. AppZero’s container is also called a Virtual Application Appliance (VAA). To facilitate Microsoft Azure onboarding, AppZero has two purpose-built offerings: AppZero SP for Azure,...
Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is designed for their business. In 2015, organizations such as United Airlines, Sony...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Trel...
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...
Everyone talks about continuous integration and continuous delivery but those are just two ends of the pipeline. In the middle of DevOps is continuous testing (CT), and many organizations are struggling to implement continuous testing effectively. After all, without continuous testing there is no delivery. And Lab-As-A-Service (LaaS) enhances the CT with dynamic on-demand self-serve test topologies. CT together with LAAS make a powerful combination that perfectly serves complex software developm...
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and a...