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 Friday's Analyst Blog:

Tessera Solid In & Out of Court

Want to invest in Tessera Technologies (NASDAQ: TSRA)? Get used to reading litigation reviews.

Tessera's advanced packaging technologies have industry-wide applications. The firm has won 5 major lawsuits and now receives royalties from all of the big four in the DRAM market.

Samsung and Hynix (both clients) are the 2 largest DRAM manufacturers and together control almost 50% of the DRAM market. The company has recently settled two separate litigation actions against Infineon (NYSE: IFX) and Micron Technology (NYSE: MU), the number three and four DRAM manufacturers, with a combined 30% market share.

Mack-Cali Stays a Sell Post-Results

Mack-Cali Realty Corporation (NYSE: CLI) is a fully integrated, self-administered and self-managed office real estate investment trust (REIT). The company owns, leases, manages and develops Class A office and industrial/flex properties, primarily in suburban markets in the northeastern US. CLI's portfolio includes 293 properties, covering over 33.5 million square feet with over 2,100 tenants.

CLI reported 4Q08 FFO [funds from operations] of $0.63 per share vs. $0.89 in 4Q07, primarily due to net non-recurring charges of $0.37 per share. FFO for full year 2008 was $3.46 per share vs. $3.56 in 2007.

Altera Adjusted, Kept a Buy

Based in San Jose, California, Altera Corporation (NASDAQ: ALTR) designs, manufactures, and markets a broad range of high-performance, high-density programmable logic devices (PLDs) such as field-programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs).

ALTR is experiencing slower than anticipated sales across all market segments, particularly in the Computer & Storage and Consumer market segments. Management attributed it to inventory reductions by a broad range of end customers across all market segments.

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=2649.

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=2677

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics 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=4580.

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

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.

A service of YellowBrix, Inc.