Johnson Controls, Inc. (JCI)
Johnson Controls, Inc. (<a href=http://www.zacks.com/stock/quote/jci>JCI</a>) is suffering from weakening product mix and raw material/ price squeeze. It has recently withdrawn its financial guidance due to lower North American and European vehicle production. <p> Rapid deterioration in automotive production coupled with worsening residential market raise concern. As foreseen, Johnson reported losses in the first quarter of fiscal 2009 and expects to incur similar losses in the second quarter of the year. <p> The company expects profits only after the third quarter of fiscal 2009. These lead us to rate the stock a Sell with a target of $7.00.American Blue Ribbon Holdings, LLC Acquires VICORP Restaurants, Inc.
Successful Restructuring of Company Achieved in Less Than 12 Months
Ci&T Continues Growth in the Business Intelligence Market
Company Acquires BI-One to Bolster BI and SAP Services
Zimmer (ZMH): A ‘hip’ idea
"Zimmer Holdings (NYSE: ZMH) is a global leader in orthopedic and dental reconstructive implants and surgical products," says Charles Mizrahi in his advisory, Hidden Values Alert.
"Its primary customers include musculoskeletal surgeons, neurosurgeons, oral surgeons, dentists, hospitals, stocking distributors, healthcare dealers, and, in its capacity as agent, healthcare purchasing organizations or buying groups.
"These customers range from large multinational enterprises to independent surgeons. ZMH has operations in more than 25 countries and markets products in more than 100 countries.
"Operations are managed through three major geographic segments: the Americas, Europe, and Asia Pacific.
"ZMH generated $550 million in free cash flow over the past 12 months. The company has a strong balance sheet; its current ratio (current assets/current liabilities) is 2.83. The company has $2.83 in current assets for every $1 of current liabilities.
"Shares outstanding continue to decrease as the company buys back its shares. Share count over the past four years has declined by 8%. Net profit margins have been edging higher and are currently at 20.6%.
"Overall, ZMH is a well-run business, and a price of $33 or lower per share represents a very good value. If ZMH can grow earnings at only 10% per annum and maintain a P/E of 10, the stock will handsomely reward investors during the next five years."
NewMarket Technology, Inc. Presents Greenfield Strategy in Shanghai to Support M&A Campaign
Greenfield M&A Campaign to Expand Company's $40 Million in Annual Revenue From Chinese Operations
Adens assess gold & silver
"The Federal Reserve shocked the markets with dramatic new actions to end the recession," note resouce experts Mary Anne and Pamela Aden.
In their The Aden Forecast they explain the impact of these moves on precious metals, adding, "In our view, the Fed's action guarantees that gold has much further to rise in the year ahead.
"The Fed announced they'll be buying more than $1 trillion in U.S. Treasury bonds and mortgage backed securities guaranteed by Fannie Mae and Freddie Mac.
"This means the Fed will be creating even more money to buy this debt, and that immediately affected all of the markets. The U.S. dollar plunged, falling the most against the euro in nearly nine years.
"This was due to concerns that these actions will fuel inflation and devalue the dollar. As a result, gold rose strongly. Stocks surged too, continuing the rise that started last week, as interest rates fell.
"Overall, this looks like the trigger that'll drive the rebound rises we've been anticipating. Indeed, If there was ever a doubt that gold's bull market is forming an eight year low, it's gone now.
"The Fed's action guarantees that gold has much further to rise in the year ahead. So far, gold's now four week intermediate decline has been moderate, but it's still underway as long as June gold stays below $953.
"On the upside, gold will stay firm above $880. Keep in mind, gold has been much stronger than most markets over the last several months which means the other markets are poised to outperform gold for the time being.
"Silver, like gold, has been correcting but it's firm above $12. Silver is under pressure by staying below $13.60 but if $12 holds and $13.60 is broken on the upside, followed by a rise above $14.55, silver would be super strong.
"We continue to recommend that investors keep their metals positions. In addition to our core holdings in ETFs, we also suggest select mining shares, such as Eldorado Gold (ASE: EGO), Agnico Eagle (NYSE: AEM) and GoldCorp (NYSE: GG)."
Zacks: ‘Elite’ look at healthcare solutions
"Computer Programs & Systems (NASDAQ: CPSI), a health care information solutions company, has been pushing up against a 52-week high during the past few days," notes Alex Kolb.
In Zacks Elite Stock of the Day, he explains, "The company has stellar fundamentals that make this a great growth and income pick."
"The company provides healthcare information solutions for community hospitals with over 650 client hospitals in 46 states.
"The company was founded in 1979, and is a single-source vendor providing comprehensive software and hardware products as well as complete installation services and extensive support.
"CPSI's fully integrated, enterprise-wide system automates clinical and financial data management in each of the primary functional areas of a hospital.
"Its 700 technical, healthcare and medical professionals provide system implementation and continuing support services as part of a comprehensive program designed to respond to clients' information needs in a constantly changing healthcare environment.
"The company recently posted fourth-quarter results. For the year, total revenues jumped 8.8% to $119.7 million from the previous year's $110.0 million. Full-year net income increased 19.5% year-over-year to $15.4 million, or $1.43 per share, compared with $12.9 million, or $1.20 per share.
"Some of the stellar fundamentals that make CPSI a great growth and income pick include the company's return on equity (ROE) of 40%, which soars past the industry average of 9%. It has a solid balance sheet with no debt. The company's net profit margin of 13% also tops the industry average of 5%.
"The company recently posted fourth-quarter results. For the year, total revenues jumped 8.8% to $119.7 million from the previous year's $110.0 million. Full-year net income increased 19.5% year-over-year to $15.4 million, or $1.43 per share, compared with $12.9 million, or $1.20 per share.
"The shares have been soaring as analysts hike earnings estimates. Wall Street sees earnings growth of 12% in 2009 and 15% in 2010. The company also declared a quarterly cash dividend of 36 cents per share, which was paid out on February 26.
"CPSI is taking care of shareholders with a dividend yield of 4.8%, which is high above the industry average as most of the company's peers pay no dividend.
"Management noted that CPSI has been in business for almost three decades and has proven that it can continue fulfilling and exceeding the expectations of its customers shareholders, regardless of national economic cycles."
Palm Inc. (PALM)
Palm Inc. (<a href=http://www.zacks.com/stock/quote/palm>PALM</a>) 3Q09 revenue declined by 71.0% y-o-y due to pricing concessions and lower volume for its maturing legacy smartphone, weak consumer spending, and delay in shipments of the Treo Pro in the U.S. <p> Though Palm expects to launch its Palm Pre next gen phone in the first half of calendar year 2009, we doubt the success of it given the current economic uncertainty that has dampened demand for consumer products. We are again lowering our estimates for 2009 and 2010. We continue to believe that Palm badly trails RIM in the smartphone market and will not be able to effectively compete as an independent company. <p> We have a low confidence in its ability to survive with a weak market share, so we reiterate our Sell rating on Palm shares with our six-month price target of $5.00.CF Industries (CF)
CF Industries Holdings Inc. (<a href=http://www.zacks.com/stock/quote/cf>CF</a>) has leading market shares in many key fertilizers. Strong domestic and international grain markets have produced an exceptionally high global demand for fertilizer, translating into substantially higher selling prices for all the products. The company is optimistic about its phosphate business where the market is expected to remain tight near term due to healthy offshore demand growth in India and Brazil as well as higher application rates in the U.S. <p> In addition, the company is likely to benefit from the proposed nitrogen facility in Peru, which will address the nitrogen demand on the west coast of Central and South America as well as Mexico, which does not have any nitrogen facility. <p> The company is in the midst of either being acquired by Agrium Industries or bought out by Terra Industries. As a result, we maintain our Buy rating of the stock and set a target of $75.00.Mac1 Industries Corp. Terminates Merger With Tycoon Industries, LLC
HOLLYWOOD, FL--(Marketwire - March 27, 2009) - Publicly traded MAC1 INDUSTRIES CORP.
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