Zacks Analyst Blog Highlights: Cree, Inc., General Electric, B/E Aerospace, Honeywell and Anadys
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http://www.profits.zacks.com/ CHICAGO--(Business Wire)-- 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: Cree, Inc. (NASDAQ: CREE), General Electric (NYSE: GE), B/E Aerospace (NASDAQ: BEAV), Honeywell (NYSE: HON) and Anadys (NASDAQ: ANDS). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579 Here are highlights from Tuesday`s Analyst Blog: CREE: The Lights Are On The global movement to energy-efficient lighting is prompting lighting companies and consumers to look at other options. Therefore, lighting will be the strongest end market for Cree, Inc. (NASDAQ: CREE), likely followed by video displays and notebooks. Yield improvements, higher capacity utilization, larger wafers and offshore production will increasingly offset new product ramp up costs. The LED market is hot in our opinion, and the LLF acquisition opens up new opportunity. With the signing of the energy bill in December 2007, the U.S. government has decided to ban inefficient light bulbs by 2012. The energy efficiency standards set by the government effectively do away with incandescent light bulbs as we know them today. Although General Electric (NYSE: GE) has stated that it is developing a more efficient bulb that will meet the efficiency standards, a delay in development may actually put it out of the running. B/E Aerospace Hits Turbulence B/E Aerospace (NASDAQ: BEAV) reported Q1-09 results. Overall Sales of $523.7 million were up by 10.7% because of the July 28, 2008 acquisition of Honeywell`s (NYSE: HON) Consumable Solutions (HCS) distribution business. However, on a pro-forma basis (i.e., assuming HCS had been on-board last year), Overall Sales were down 15.6%. Further, on the same pro-forma basis, sales were down in all of BEAV`s Segments: Consumables Management (the segment in which HCS is parked) was off 11.1% to $239.4 million; Commercial Aircraft declined by 18.9% to $225.9 million; and Business Jet was down 19.7 % to $58.4 million. However, it should be noted that Consumables Management was up by 96.2% on an as-reported basis. Anadys: Too Early for HCV Drug ANA598 is Anadys` (NASDAQ: ANDS) lead anti-HCV (hepatitis C Virus) drug candidate currently under phase I studies. The company`s share price got a boost recently on its strong efficacy data from a phase Ib study. Anadys presented the final antiviral and safety data from all three dose levels (200, 400 and 800 mg bid) at the 44th annual meeting of the European Association for the Study of the Liver (EASL) on April 23, 2009. The trial enrolled total 35 subjects. ANA598 treatment resulted in rapid and sustained reductions in HCV RNA with median reductions at end of treatment (day 4) exceeding 2 log10 (>99%) at all dose levels. Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=2649. 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: http://at.zacks.com/?id=2677 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which 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 at http://at.zacks.com/?id=4580. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Zacks.com Mark Vickery Web Content Editor 312-265-9380 Visit: www.zacks.com Copyright Business Wire 2009
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