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: Pozen Inc. (NASDAQ: POZN), The
Boeing Company (NYSE: BA), HCP, Inc. (NYSE: HCP), Lindsay
Corporation (NYSE: LNN) and Peabody Energy (NYSE: BTU).
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 the Analyst Blog:
Pozen: Finally Some Good News
This morning, Pozen Inc. (NASDAQ: POZN) announced it had received
notification from the U.S. FDA that the agency had completed its
internal discussions regarding the acceptability of using endoscopic
gastric ulcers as a primary endpoint in clinical studies.
The discussion relates to Pozen's PN-400 product, a fixed dose
combination of enteric-coated naproxen and immediate release
esomeprazole for the treatment of signs and symptoms of osteoarthritis
and rheumatoid arthritis who are at risk of developing NSAID-associated
gastric ulcers. The decision also has bearing on Pozen's aspirin /
omeprazole product, PA-325/40.
Boeing Forecasts Stability for '09
The Boeing Company (NYSE: BA) reported that Q4-08 revenues had
declined some 27% from $12.7 billion versus $17.5 billion for the same
period last year -- mostly because of the recent IAM strike that reduced
deliveries by some 70 shipsets which translated into deferred revenues
of about $4.3 billion -- and that EPS went from a positive $1.36 to a
negative $0.08, not only because of the recent IAM strike (which reduced
earnings by $1.09), but also because of a 747-related charge (=
$0.61/share) and a litigation-related reserve (= $0.09)/share). Without
all these inconveniences, revenues for Q4-08 would have been ~$17.0
billion and EPS purportedly would have been $1.71.
For the year 2008, revenue was $60.9 billion versus $66.4 billion and
EPS were $3.71 versus $5.28; however, excluding some (hopefully)
non-recurring items, EPS might have been around $6.27.
HCP in Strongest of REIT Sectors
Headquartered in Long Beach, CA, HCP, Inc. (NYSE: HCP) is a
self-administered real estate investment trust (REIT), which invests in
and leases directly or through joint venture healthcare facilities in 43
states. In September 2007, the company changed its name from Health Care
Property Investors, Inc.