(Source: 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: Coca-Cola FEMSA, S.A.B. de C.V. (NYSE: KOF), Montpelier Re Holdings Ltd. (NYSE: MRH), Lloyds TSB Group Plc. (NYSE: LYG), Journal Communications, Inc. (NYSE: JRN) and Telecomunicacoes de Sao Paulo S.A. (NYSE: TSP).

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Here are highlights from Tuesday's Analyst Blog:

Coca-Cola FEMSA Retains Its Buy

We are keeping our Buy recommendation on Coca-Cola FEMSA (NYSE: KOF). The company posted slightly better-than-expected results for the second quarter of 2008, and the results in the Mercosur division were particularly impressive.

We believe that going forward new lines of business, combined with the recent acquisitions, will enhance its top-line growth despite the difficult economic environment throughout the world, including Mexico. Being a producer of a daily use cheap product, focused on domestic markets, Coca-Cola FEMSA is less exposed to the international crisis.

Montpelier Re a Buy Pre-Earnings

Incorporated in 2001, Montpelier Re (NYSE: MRH) was formed by White Mountains Insurance Group, Ltd. and Benfield Holdings, Ltd. to take advantage of the enhanced insurance demand following the September 11 attacks. The company went public in October 2002.

While we remain concerned about the general softening in the reinsurance industry and increased competition, the company has begun to experience the benefits from its new initiatives -- premium declines from Bermuda have been replaced by premiums generated by the new Lloyds (NYSE: LYG) and U.S. platforms, with the London operation issuing an operating underwriting profit for the first time.

Journal Comm at a Good Value

Journal Communications (NYSE: JRN) is a diversified media company with publishing, broadcasting (TV & radio) printing, and direct marketing businesses. Its telecommunications business was sold in February 2007.

Journal Communications plummeting stock price has propelled its dividend yield to 11.4%. We believe that the dividend is safe, given the company's manageable leverage (debt is 32% of capital and 2.5x 2009E EBITDA) and excess free cash flow, which is growing as capital expenditures shrink faster than revenue and operating cash flow.

Telesp (TSP) Upgraded to a Buy

We are changing our recommendation on Telesp (NYSE: TSP) from Hold to Buy.