For Immediate Release
Chicago, IL - May 24, 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
China Telecom Corp.
Molson Coors Brewing Company
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Here are highlights from Wednesday's Analyst
More 3G Users Join China Unicom
China's second largest mobile operator
) added 3.3 million cellular subscribers in April, down 5.7% from
the prior month. This takes the company's total customer base to
The company's GSM subscriber base expanded to 160.97 million
with net additions of 0.34 million customers, while its 3G
subscriber base increased to 51.78 million with net additions of
The 3G subscriber base is growing rapidly, particularly driven
) iPhone sales. Additionally, China Unicom is focusing more on
improving its 3G data surfing service, and offering cheaper
handsets and low cost services to win new customers. These efforts
are drawing more 3G subscribers, eventually leading to higher
average revenue per user.
Despite the loss of exclusive hold on iPhones to
China Telecom Corp.
), the company's 3G subscriber growth remained encouraging in April
relative to its major rivals. China's mobile leader
) attracted only 2.3 million 3G subscribers while China Telecom
added 2.01 million to its 3G customer base.
China Unicom expects its 3G subscriber base to reach 90 million
by the end of the year, taking the 3G service revenue to RMB 70
billion ($11.1 billion) from RMB 40 billion last year.
Coming to the fixed-line business, the company is poised to
benefit from expansion and speed enhancement of fiber optic service
in its broadband business. China Unicom added 0.58 million
broadband customers in April, bringing the total number to 58.87
But the company is experiencing significant declines in its
local access lines due to the impact of the ongoing fixed-to-mobile
substitution. Erosion in the fixed-line subscriber base continues
with approximately 0.01 million customers lost in April, taking the
total number to 92.34 million.
We are maintaining our long-term Underperform recommendation on
China Unicom. The stock retains a Zacks #4 (Sell) Rank for the
short term (1-3 months).
Molson Coors Launches New Brews
Molson Coors Brewing Company
) has announced a new range of products and packaging innovations
in order to enhance its premium brands of Coors Light, Miller Lite,
Molson Canadian and Carling. Molson Coors has broadened its
portfolio with the introduction of new summer brews and introduced
new style of packaging to meet the consumer demands.
Coors Light Iced T
is an extension of the company's brand Coors Light, which is
Canada's favorite light beer. Coors Light Iced T is available in
Canada, and has a light and refreshing blend of natural tea and
lemon flavors with a sweet tinge of Coors Light. Another summer
was introduced to tap the customers in U.K. and Ireland, which
provides a light citrus flavor and contains 2.8% beer. For the U.S.
consumers, Blue Moon Brewing Company, an arm of Molson Coors, will
introduce a new beer-based brew,
Caramel Apple Spiced Ale
that will deliver a crisp and refreshing taste by then end of
Molson Coors' subsidiary MillerCoors introduced
bottles for its brands like Coors Light, Coors Banquet, Miller
Genuine Draft and Molson Canadian, which keeps beers ice-cold and
can be resealed after opening. Other innovations include
Miller Lite, MGD Punch Top Cans and Grip Cans
, which increases airflow, allows smoother pour, and eases
Though the company has been facing some challenging market
conditions, Molson Coors' continued to focus on its growth
strategies of maximizing profitable growth opportunities in the
core markets, expanding into new and emerging markets. Molson Coors
has been strongly focusing on innovation for years and has
delivered more than $100 million of incremental gross profit for
the company over the last three years.
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APPLE INC (AAPL): Free Stock Analysis Report
CHINA TELCM-ADR (CHA): Free Stock Analysis
CHINA MOBLE-ADR (CHL): Free Stock Analysis
CHINA UNICOM (CHU): Free Stock Analysis Report
MOLSON COORS-B (TAP): Free Stock Analysis
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