“Many are very underinvested in equities,” said BertFlossbach, fund manager at German wealth management boutiqueFlossbach & von Storch “I don’t think we will see new lows again,” he said. Subscribe to this free newsletter today: ZacksZacks is a property of Zacks Investment Research, Inc., which was formed in1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patternsin stock market data that would lead to superior investment results. Amongst hismany accomplishments was the formation of his proprietary stock picking system;the Zacks Rank, which continues to outperform the market by nearly a 3 to 1margin. The best way to unlock the profitable stock recommendations and marketinsights of Zacks Investment Research is through our free daily emailnewsletter; Profit from the Pros.
In short, it’s your steady flow of Profitableideas GUARANTEED to be worth your time! Register for your free subscription toProfit from the Pros at Visit http:// for information about the performancenumbers displayed in this press release. Disclaimer: Past performance does not guarantee future results. Investors shouldalways research companies and securities before making any investments. Nothingherein should be construed as an offer or solicitation to buy or sell anysecurity. Zacks Mark VickeryWeb Content Editor312-265-9380Visit: Business Wire 2009. http://(Business Wire)–Zacks announces the list of stocks featured in the Analyst Blog.
Every daythe Zacks Equity Research analysts discuss the latest news and events impactingstocks and the financial markets. Stocks recently featured in the blog include:Allegheny Energy, Inc (NYSE: AYE), Vivus, Inc. (NASDAQ: VVUS), Georgia GulfCorporation (NYSE: GGC), Sempra Energy (NYSE: SRE) and The Medicines Company(NASDAQ: MDCO). Get the most recent insight from Zacks Equity Research with the free Profit fromthe Pros newsletter: are highlights from Wednesday`s Analyst Blog:Allegheny Energy Offers StabilityAllegheny Energy, Inc. (NYSE: AYE) reported financial results for the 1stquarter of 2009. Adjusted net income for the 1st quarter of 2009 decreased by $22.0 millioncompared with the year-ago period. Adjusted operating revenues increased by $49.8 million in the reported quarter,reflecting higher generation rates in Pennsylvania and Maryland, increasedpurchased power cost recovery in Virginia and higher sales to third parties.These benefits were partially offset by reduced generation volume due to lowerpower plant availability and less demand.
Vivus` Qnexa in the Driver`s SeatWe view Qnexa as the leading phase III obesity candidate under developmenttoday Vivus, Inc. (NASDAQ: VVUS) has shown that Qnexa offers a synergisticbenefit off added weight loss to patients beyond what can be achieved withphentermine or topiramate alone. Phase III data released by the company from the EQUATE program in December 2008demonstrated the drug to be both highly efficacious and well tolerated. Patientson the full commercial dose of Qnexa lost a placebo-adjusted 16.5 lbs, or 7.5%of their body weight, after only 28 weeks of treatment.
Additionally, we areless concerned with the safety, specifically the cardiovascular or psychiatricside effects, of the drug compared to recently rejected and discontinuedcannabinoid type 1 receptor molecules at several large pharmaceutical companies.Georgia Gulf Nears BankruptcyGeorgia Gulf Corporation (NYSE: GGC) today announced that it has received anamendment to its senior secured credit agreement that allows the Company tocontinue to withhold interest payments due on its 2014 senior notes and 2016senior subordinated notes without constituting a default. Georgia Gulfpreviously announced that it had withheld payment of $34.0 million of interestdue April 15, 2009 for the 2014 senior notes and 2016 senior subordinated notes.All three of the Company’s note issues are the subject of previously disclosedand currently pending private exchange offers. Under the indentures governingthe 2014 senior notes and 2016 senior subordinated notes, Georgia Gulf has a30-day grace period to pay the withheld interest before the note holders canseek remedies. Sempra – Higher EPS, Lower RevsSempra Energy (NYSE: SRE) announced improved financial results for its 1stquarter ended March 31, 2009.
