Navigation Links
Conn's, Caterpillar, Bristol-Myers Squibb, Novartis and AstraZeneca highlighted as Zacks Bull and Bear of the Day

CHICAGO, Dec. 11, 2013 /PRNewswire/ -- Zacks Equity Research highlights Conn's (Nasdaq: CONN-Free Report) as the Bull of the Day and Caterpillar (NYSE: CAT-Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on the Bristol-Myers Squibb Company (NYSE: BMY-Free Report), Novartis (NYSE: NVS-Free Report) and AstraZeneca (NYSE: AZN-Free Report).


Here is a synopsis of all five stocks:

Bull of the Day:

Conn's (Nasdaq: CONN-Free Report) just reported a strong quarter and worries of bad credit customers have been abated. The stock is the Bull of the Day as a Zacks Rank #1 (Strong Buy).

The company reported $0.71 in earnings vs. the $0.64 estimate. Revenue came in at $311M vs the $288M estimate. The company also guided higher. They see EPS of $2.75-$2.80 vs. the estimate of $2.60, so a big bump up. They now see same store sales increasing 22% - 25%, up from the prior guidance of 15% - 20%.

As the market looks to adjust to the beat and raise, the stock has continued to move higher. Since the beat, the stock is up about 25%.

Conn's sells home appliances and furniture. As of September 5, 2013, the company operated approximately 70 retail locations in Texas, Louisiana, Oklahoma, New Mexico, and Arizona. Conn's, Inc. was founded in 1890 and is based in The Woodlands, Texas.

Of the last seven reports, the company has posted five earnings beats, one miss and reported in line one time. The miss is the big deal in that time line, so let's take a closer look at that.

Bear of the Day:

Caterpillar (NYSE: CAT-Free Report) it certainly hasn't been "The Year of the Cat" and even Al Stewart would tell you that being down 3% YTD is no good in 2013. To make matters worse, Caterpillar is the Bear of the Day as a Zacks Rank #5 (Strong Sell).

Dividend Coming Up

While the Zacks Rank is focused on earnings estimates and what direction they are headed, investors would be amiss if they didn't notice that CAT is headed for another dividend payment. The stock is yielding 2.77% according to Google Finance, and paid a dividend of $0.52 last year on December 20. The quarterly dividend was increased to $0.60 for the July 2013 dividend.

Company Description

Caterpillar sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. It was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Peoria, Illinois.

Earnings History

Over the last year, CAR has missed the Zacks Consensus Estimate in all four quarters. The misses of 22 cents, 3 cents, 26 cent and 23 cents followed 5 consecutive beats. In only two of the four recent earnings misses has the stock fallen.

Additional content:


Bristol-Myers Presents Long-Term Data on Sprycell


Bristol-Myers Squibb Company (NYSE: BMY-Free Report) and partner Otsuka America Pharmaceutical, Inc. presented four-year follow-up data from a phase III study (DASISION: n=519) on their leukemia drug Sprycel (dasatinib: 100 mg, once daily) at the annual meeting of the American Society of Hematology.


The phase III international study evaluated Sprycel's efficacy and safety with that of  Novartis' (NYSE: NVS-Free Report) Glivec (imatinib) as a first-line therapy in adults suffering from Philadelphia chromosome-positive (Ph+) chronic phase chronic myeloid leukemia (CP-CML).


Data revealed that 76% patients in the Sprycel arm achieved a major molecular response as opposed to 63% patients treated with Novartis' cancer treatment. Moreover, 84% patients in the Sprycel arm achieved an optimal molecular response at three months, compared to 64% in the Glivec arm. Moreover, the safety profile of Sprycel in the follow up study was found to be consistent with that observed earlier in Ph+ CP-CML patients.


Sprycel is one of the key drugs in Bristol-Myers' product portfolio. The drug performed impressively in the third quarter of 2013 with sales climbing 20% to $316 million. Apart from the long-term data on Sprycel, Bristol-Myers was in the news when the U.S. Food and Drug Administration (FDA) released the briefing documents ahead of the review by its Endocrinologic and Metabolic Drugs Advisory Committee (EMDAC) of the company's candidate metreleptin (proposed trade name: Myalept) on Dec 11,2013.


Bristol-Myers, which has an agreement with AstraZeneca (NYSE: AZN-Free Report) on the candidate, is looking to get it approved for treating metabolic disorders associated with lipodystrophy in pediatrics and adults suffering from the disease (not HIV related). Metreleptin has been granted priority review and a response from the FDA is expected by Feb 24, 2014. The content of the briefing documents highlighted that the candidate appeared to be beneficial only for a subgroup of patients. The candidate was not free from safety concerns as per the document. We believe investor focus will remain on updates regarding the candidate.


Bristol-Myers, a biopharmaceutical company, carries a Zacks Rank #3 (Hold).


Get today's Zacks #1 Stock of the Day with your free subscription to Profit from the Pros newsletter:

About the Bull and Bear of the Day


Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.


About the Analyst Blog


Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.


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 analyst 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. Click here to subscribe to this free newsletter today.


About Zacks is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; 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.


Get the full Report on CONN - FREE

Get the full Report on CAT - FREE

Get the full Report on BMY - FREE

Get the full Report on NVS - FREE

Get the full Report on AZN - FREE


Follow us on Twitter:


Join us on Facebook:


Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.


Media Contact
Zacks Investment Research

800-767-3771 ext. 9339 provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer.


Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release.




SOURCE Zacks Investment Research, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Financial Results, New Drug Applications, and Stock Price Movements - Research Report on Endo, Bristol-Myers Squibb, Express Scripts, AbbVie, and Incyte
2. Issuer Ratings, Recognitions, Positive Clinical Results, and Quarterly Dividends - Research Report on Pfizer, UnitedHealth, Merck, Gilead, and Bristol-Myers
3. Bristol-Myers Squibb and Simcere Enter Partnership to Co-Develop and Co-Commercialize Orencia(R) SC (abatacept) in China
4. Ambrx Initiates Collaboration with Bristol-Myers Squibb for Discovery, Development of Next-Generation Antibody Drug Conjugates
5. StockCall Insight into Eli Lilly, Bristol-Myers Squibb, Astex Pharmaceuticals and Raptor Pharmaceuticals
6. Life Technologies to Partner with Bristol-Myers Squibb for Companion Diagnostics Development
7. Alder Biopharmaceuticals Receives $3.5 Million Milestone Payment from Bristol-Myers Squibb for Initiation of Phase 2 Clinical Trial of ALD518/BMS-945429 in Crohns Disease
8. Amylin Pharmaceuticals, Inc. Shareholder Alert: Bernstein Liebhard LLP Announces Investigation Of Acquisition By Bristol-Myers Squibb Company
9. Bristol-Myers Squibb to Present New Data on ORENCIA(R)? (abatacept) at the European League Against Rheumatism (EULAR) 2012 Congress
10. Novartis highlights research on investigational, personalized T cell therapy CTL019 in patients with forms of acute and chronic leukemia
11. 2013 ISPE Facility of the Year Awards Program Names Novartiss United States Flu Cell Culture Facility as Overall Winner
Post Your Comments:
(Date:11/30/2015)... iCAD, Inc. (Nasdaq: ICAD ) ... solutions for advanced image analysis and workflow tools ... Radiological Society of North American (RSNA) 2015 Annual ... November 29 to December 4, 2015. The company ... automated breast density assessment solution, PowerLook® Advanced Mammography ...
(Date:11/30/2015)... SALT LAKE CITY , Nov. 30, 2015 ... Systems (NYSE: VAR ) will exhibit a broader array ... meeting of the Radiological Society of North America ... The Varian exhibit at the meeting will feature X-ray components ... Cardinal CT tube, a line of products from Varian,s Claymount ...
(Date:11/30/2015)... Nov. 30, 2015  Novartis will demonstrate the strength ... th American Society of Hematology (ASH) Annual Meeting. ... as well as supportive care, including key findings in ... cell therapies. The ASH Annual Meeting will be held ... Novartis Oncology . "We will be presenting ...
Breaking Medicine Technology:
(Date:11/30/2015)... (PRWEB) , ... November 30, ... ... (AIS) is pleased to announce the speakers for “Value-Based Payer-Provider Partnerships: Three ... learned from three innovative value-based care arrangements: Essentia Health and UCare, MissionPoint ...
(Date:11/30/2015)... ... November 30, 2015 , ... Vasont Systems, a top component ... (VUI) extension unites with Syncro Soft’s latest software update, oXygen XML editor Version ... with the latest release of oXygen® XML editor and the Vasont® CCMS. ...
(Date:11/30/2015)... ... November 30, 2015 , ... Scott Newman MD, FACS ... select few plastic surgeons in the New York City area to utilize the ... world’s first heat-induced laser treatment for fat loss in the abdomen, flanks, and ...
(Date:11/30/2015)... ... November 30, 2015 , ... TransPack Volume 6 features 30 customizable ... from scrolling web-styled transitions to wipes with blur & drop shadow options. Utilize ... Seamlessly transition from one clip to the next with TransPack's easily customizable styles. ...
(Date:11/30/2015)... ... November 30, 2015 , ... ... strategic partnership at the Radiological Society of North America (RSNA) 2015 conference. ... providers of cutting-edge dictation and speech-enabled documentation software, announced their partnership today ...
Breaking Medicine News(10 mins):