Zacks Sell List Highlights: Columbia Sportswear Co., Duff & Phelps Corp., Pitney Bowes Inc. and Marsh & McLennan Cos Inc.

CHICAGO--(Business Wire)--
Zacks.com releases details on a group of stocks that are currently members of
the exclusive Zacks #5 Rank List - Stocks to Sell Now. These stocks are
currently rated as a Zacks Rank #5 (Strong Sell): Columbia Sportswear Co.
(NASDAQ: COLM) and Duff & Phelps Corp. (NYSE: DUF). Further, Zacks announced #4
Rankings (Sell) on two other widely held stocks: Pitney Bowes Inc. (NYSE:
PBI)and Marsh & McLennan Cos Inc. (NYSE: MMC). To see the full Zacks #5 Rank
List - Stocks to Sell Now visit: http://at.zacks.com/?id=92

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List -
Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall
Street continued to tout stocks during the market declines of the last few
years, Zacks told investors which stocks to sell or avoid.

Here is a synopsis of why COLM and DUF have a Zacks Rank of #5 (Strong Sell) and
should most likely be sold or avoided for the next one to three months. Note
that a #5 Strong Sell rating is applied to 5% of all the stocks in the Zacks
Rank universe:

Columbia Sportswear Co. (NASDAQ: COLM) expects full-year wholesale net sales to
fall in the mid-teens on a percentage basis compared with the previous year`s
levels, mainly due to a global wholesale backlog. The consensus for the current
year is pegged at $1.59 per share, down from $2.10 in the last month as 10
analysts out of 12 reduced forecasts. The next year`s estimate declined by 62
cents per share to $1.82 in the same period, reflecting cuts by 8 out of 10
analysts. On April 23, the company reported a 9% decline in first-quarter sales,
to $272 million.

Duff & Phelps Corp. (NYSE: DUF) reported first-quarter earnings per share of 13
cents in the first week of May, that missed the consensus by 50%. Sales fell to
$89.3 million, eliminating reimbursable expenses, in contrast to prior year`s
$93.2 million. Five analysts out of 7 cut back on expectations, bringing the
2009 average forecast down to $1.01 from $1.10 a month ago. During this period,
the estimate for 2010 has slipped to $1.22 from $1.28 per share as 3 out of 7
analysts revised downward.

Here is a synopsis of why PBI and MMC have a Zacks Rank of 4 (Sell) and should
also most likely be sold or avoided for the next one to three months. Note that
a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks;

Pitney Bowes Inc. (NYSE: PBI) recently revised its full-year earnings guidance
downwards to between $2.40 and $2.60. Earlier in February, it projected EPS in
the range of $2.55 to $2.75. The company expects revenue to decline between 1%
and 4% on a constant currency basis. The current-year average forecast is down
to $2.46 per share from previous month`s $2.63 as both of the covering analysts
slashed their estimates. Pitney Bowes reported first-quarter earnings of 54
cents per share on May 5, missing analysts` expectations by 9 cents.

Marsh & McLennan Cos Inc. (NYSE: MMC) posted first-quarter adjusted EPS of 40
cents per share, earlier this month that fell short of estimates by 3 cents.
Total sales came in at $2.63 billion, compared to $3.04 billion in the
corresponding quarter a year ago. The consensus for 2009 declined to $1.45 from
$1.58 over the past month, reflecting downward revisions by 9 out of 15
analysts. The last month has seen cuts by 7 analysts out of 14, pushing the
average forecast for the following year down by 8 cents to $1.79 per share.

Truly taking advantage of the Zacks Rank requires the understanding of how it
works. The free special report; "Zacks Rank Guide: Harnessing the Power of
Earnings Estimate Revisions" is available to provide this insightful background.
Download a free copy now to prosper in the years to come at
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About the Zacks Rank

Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the
most powerful force impacting stock prices." Since inception in 1988, #1 Rank
Stocks have generated an average annual return of +28%. During the 2000-2002
bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled
-37.6%. Also note that the Zacks Rank system has just as many Strong Sell
recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988,
Zacks Rank #5 stocks have underperformed the S&P 500 by 80% annually (+2% versus
+10%). Thus, the Zacks Rank system allows investors to truly manage portfolio
trading effectively.

Visit http://www.zacks.com/performance for information about the performance
numbers displayed in this press release.

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Copyright Business Wire 2009