The Zacks Analyst Blog Highlights: Bank of America, Morgan Stanley, UnitedHealth, Union Pacific and Southwest Airlines - Press Releases

By
A A A

For Immediate Release

Chicago, IL - January 20, 2012 - 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 Bank of America ( BAC ), Morgan Stanley ( MS ), UnitedHealth ( UNH ), Union Pacific ( UNP ) and Southwest Airlines ( LUV ).

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 Thursday's Analyst Blog:

Earnings Reports Clearing Low Hurdles

The overall favorable tone of the day's news reports, both on the economic as well as earnings fronts, should help stocks maintain their positive momentum of recent days. On the economic front, we got better-than-expected Initial Jobless Claims numbers that reassuringly started going back down after unexpectedly rising last week. The housing number was on the softer side, but the CPI reading shows that inflation remains controlled and is not a problem. Headlines from Europe also remain helpful, with government bond yields continuing their recent downtrend.

The most important number from this morning's economic data deluge was the 50K drop in weekly Initial Jobless Claims to 352K, taking this key number down to where it stood in April 2008. The four-week average dropped by 3.5K to 379K, maintaining its downtrend of recent weeks.

This key data series has experienced some wild swings in the last two weeks in both directions, likely reflecting seasonal distortions. But if we look beyond the last two weeks, it is unmistakably clear that claims are coming down. Continued favorable momentum on the labor market is the most important fundamental improving factor in the U.S. economy at present, which has the potential to put the recovery on a more sustainable trajectory.

On the earnings front, Bank of America ( BAC ) missed expectations, but not by a big margin as many had been fearing. Overall, this was a fairly reassuring report by the bank's standards as it made progress in selling assets to strengthen its capital position and did not come out with big negative surprises in its mortgage business. Morgan Stanley's ( MS ) results came ahead of expectations, though results in its institutional securities business that includes investment banking and trading were down significantly from the year-earlier level.

In other earnings news, UnitedHealth ( UNH ) beat EPS and revenue expectations and it reiterated its earlier 2012 guidance, which is in-line with current expectations. Railroad operator Union Pacific ( UNP ) came out with a strong EPS surprise on a modest revenue beat. Southwest Airlines ( LUV ) also came ahead of EPS expectations on in-line revenue numbers.

What stands out for me in the current reporting season is the extent of beaten down expectations. It appears that it does not take much to make the market happy with earnings performance this time around.

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
support@zacks.com

http://www.zacks.com


 
BANK OF AMER CP ( BAC ): Free Stock Analysis Report
 
SOUTHWEST AIR ( LUV ): Free Stock Analysis Report
 
MORGAN STANLEY ( MS ): Free Stock Analysis Report
 
UNITEDHEALTH GP ( UNH ): Free Stock Analysis Report
 
UNION PAC CORP ( UNP ): Free Stock Analysis Report
 
To read this article on Zacks.com click here.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Stocks

Referenced Stocks: BAC , LUV , MS , UNH , UNP

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

270,887,127
    $93.89 unch
225,243,115
  • $40.93 ▼ 2.74%
135,900,109
  • $47.52 ▲ 1.80%
89,467,924
  • $5.35 ▼ 1.11%
85,105,358
  • $16.95 ▼ 0.53%
80,748,539
  • $39.80 ▼ 4.21%
68,491,586
  • $3.57 ▼ 1.79%
62,097,356
  • $100.96 ▼ 0.82%
As of 9/19/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com