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CHICAGO, Oct 27, 2009 (BUSINESS WIRE) -- 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: ValueClick Inc. (Nasdaq: VCLK),
Marchex (Nasdaq: MCHX),
Google (Nasdaq: GOOG),
Yahoo! (Nasdaq: YHOO)
and RadioShack Corp. (NYSE: RSH).
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Here are highlights from Monday's Analyst Blog:
ValueClick to Report In-Line
ValueClick Inc. (Nasdaq: VCLK)
is set to announce its third quarter results on Oct 27. We expect the
company to report in-line third quarter results, if not higher than the
guidance, due to the continued deterioration in the lead generation
business.
Headquartered in Westlake Village, California, ValueClick is a
diversified provider of Internet advertising solutions and online
marketing services for online advertisers and website publishers.
ValueClick directly competes only with Marchex (Nasdaq: MCHX)
for placing web advertisements on affiliate networks. However, large Web
portals such as Google (Nasdaq: GOOG),
Yahoo! (Nasdaq: YHOO)
and MSN continue to increase competition for ValueClick's display ad
business. Over the long-term, we are very positive on online advertising
growth; however, current economic conditions are creating significant
headwinds for ValueClick and others in the industry. We have a neutral
rating on ValueClick.
Radio Shack Delivers in Q3
RadioShack Corp. (NYSE: RSH)
announced its third quarter results today. Net revenues came in at $990
million, down 3.1% year over year. However, this was better than the
Zacks Consensus Estimate of $981 million. The year-over-year reduction
in sales is primarily due to a 2.9% decline in comparable same-store
sales for company-operated stores and kiosks in the reported quarter
compared to the prior-year quarter.
Segment wise, revenues from company-operated store declined 3.5% year
over year, Kiosks sales declined 17.8% year over year, whereas revenues
from Other services increased 13.5% year over year. Acquisition of
RadioShack de Mexico in December 2008 has significantly contributed to
the Other services segment. Product category wise, sales declines in
digital-to-analog converter boxes, laptop
computers, batteries, wireless accessories, and GPS products.
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