Welcome!

PHP Authors: Liz McMillan, Carmen Gonzalez, Hovhannes Avoyan, Lori MacVittie, Trevor Parsons

News Feed Item

The Zacks Analyst Blog Highlights: Apple , Microsoft, Nokia , Tiffany and Boston Scientific

CHICAGO, Aug. 28, 2012 /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 Apple (Nasdaq:AAPL), Microsoft (Nasdaq:MSFT), Nokia (NYSE:NOK), Tiffany (NYSE:TIF) and Boston Scientific (NYSE:BSX).

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Monday's Analyst Blog:

Taking Bernanke's Temperature

With the economic calendar relatively on the quiet side this week, attention will be on Ben Bernanke as the Fed's annual Jackson Hole meeting gets underway. The market will be looking for clues in Bernanke's speech this Friday about another round of bond purchases, setting the stage the stage for the September 12/13 FOMC meeting. Mario Draghi, the European Central Bank president, will also be at Jackson Hole and his speech on Saturday also be closely watched.

Investors are justifiably ambivalent about the odds of more QE at next month's Fed meeting. Minutes of the last meeting appeared to show support for more monetary accommodation. But the economic ground realities at the time of that FOMC meeting on July 31/August 1 were somewhat different from what transpired afterwards. While most economic indicators are still no different now than how they have been in the last few months, but the monthly retail sales and jobs data did show some signs of renewed health.

This has raised doubts in investors' minds that the Fed may not come through after all. It is this backdrop that has put the spotlight on Bernanke's speech next Friday at the Fed's annual Jackson Hole meeting. The expectation is that Bernanke's speech on Friday will provide more color on the Fed's latest thinking about the economy, which will help set expectations for next month's FOMC meeting. The Fed's Beige Book report on Wednesday will also be relevant to this discussion.

Beyond a temporary psychological boost, I am not convinced of the relevance of more Fed support to the U.S. economy. Broad measures of liquidity and interest rates already remain quite favorable, limiting the effectiveness of more easing measures. As such, more QE would do little more than provide a short-term psychological high to the market.

In corporate news, investors will be handicapping the impact of Apple's (Nasdaq:AAPL) patent victory over Samsung in the smart-phone market. In addition to the obvious positive boost to Apple, the development may be beneficial to Microsoft (Nasdaq:MSFT) and Nokia's (NYSE:NOK) market shares. On the earnings front, Tiffany (NYSE:TIF) missed earnings and revenue expectations and guided lower.

Expanded Use for BSX's Watchman

With the CE Mark approval based on the results from the ASAP (ASA Plavix) study,  Boston Scientific's (NYSE:BSX) Watchman Left Atrial Appendage ("LAA") Closure Device can now be used to treat an expanded patient population. Subsequently, patients with atrial fibrillation ("AF") who are at high risk of stroke and cannot take anticoagulant therapy would benefit from this recent approval.

AF, affecting approximately 15 million people globally, disrupts the ability of the heart to beat regularly and pump blood efficiently. Watchman is introduced into the heart via a flexible catheter to close off the LAA and capture any clots formed in the appendage. This reduces the risk of stroke and thereby eliminates the need for long-term use of blood thinning medications.

In another development, the European Society of Cardiology included LAA closure devices in the revised Guidelines for Management of Patients with Atrial Fibrillation.  This was based on favorable data from the PROTECT AF trial, which demonstrated that the Watchman device was non-inferior to warfarin and resulted in a 38% relative risk reduction for stroke, cardiovascular death and systemic embolism compared to long-term warfarin therapy. Besides, the ASAP Registry demonstrated a 77% reduction for ischemic stroke in patients contraindicated to warfarin.

The Watchman device was inducted in Boston Scientific's portfolio following the acquisition of Atritech in March 2011. While the device is approved in Europe since 2005 and in some Asian countries since 2009, the company is yet to receive approval in the US. Boston Scientific has completed enrollment in the PREVAIL study, a confirmatory study to gain approval from the US Food and Drug Administration. The company is looking at receiving approval in fiscal 2013.

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.

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=5517

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT 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=5518.

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

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

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.

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

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.

IoT & Smart Cities Stories
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.