Breaking News

Total CEO De Margerie Dies in Moscow Plane Crash, Interfax Says
Tweet TWEET

Zacks Sell List Highlights: James River Coal, Sycamore Networks,

Zacks Sell List Highlights: James River Coal, Sycamore Networks, TiVo and Live
                             Nation Entertainment

  PR Newswire

  CHICAGO, Jan. 20, 2011

CHICAGO, Jan. 20, 2011 /PRNewswire/ -- Zacks.com releases details on a group
of stocks that are currently members of the exclusive Zacks #5 Rank List –
Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5
(Strong Sell): James River Coal Company (Nasdaq: JRCC ) and Sycamore Networks,
Inc. (NYSE: SCMR ) Further, Zacks announced #4 Rankings (Sell) on two other
widely held stocks: TiVo Inc. (Nasdaq: TIVO ) and Live Nation Entertainment,
Inc. (NYSE: LYV ). To see the full Zacks #5 Rank List - Stocks to Sell Now
visit: http://at.zacks.com/?id=92

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List
of Stocks to Sell Now by 80% annually (+2% vs. +10%). While the rest of Wall
Street continued to tout stocks during the market declines of the last few
years, Zacks told investors which stocks to sell or avoid.

Here is a synopsis of why JRCC and SCMR have a Zacks Rank of #5 (Strong Sell)
and should most likely be sold or avoided for the next one to three months.
Note that a #5 Strong Sell rating is applied to 5% of all the stocks in the
Zacks Rank universe:

James River Coal Company (Nasdaq: JRCC ) posted a third -quarter profit of 33
cents per share in November while analysts projected a profit of 58 cents. The
Zacks Consensus Estimate for the 2010 is pegged at a profit of $2.24 per
share, a decline of 2 cents in the last 30 days. The past month has seen
downward revision by one analyst out of 8, bringing the average forecast for
2011 down 12 cents to $2.12 per share.

Sycamore Networks, Inc. (NYSE: SCMR ) announced a first-quarter loss of 22
cents per share on December 1, which was 7 cents worse than analysts'
estimates. Quarterly revenue slumped 25% to $11.7 million. The Zacks Consensus
Estimate for the full year decreased 44 cents to a loss of 63 cents per share
over the past couple of months as covering analysts reduced expectations.

Here is a synopsis of why TIVO and LYV have a Zacks Rank of 4 (Sell) and
should also most likely be sold or avoided for the next one to three months.
Note that a #4 Sell rating is applied to 15% of all the stocks ranked by
Zacks;

TiVo Inc. (Nasdaq: TIVO ) reported third-quarter loss per share of 18 cents on
November 23, which came in a penny less than the Zacks Consensus Estimate. The
full-year average forecast dipped 12 cents to a loss of 72 cents per share in
the last 60 days as the covering analysts lowered expectations. Estimates for
2012 dropped 28 cents to a loss of 72 cents per share in the same time span.

Live Nation Entertainment, Inc.'s (NYSE: LYV ) third-quarter earnings of 33
cents per share, announced on November 4, lagged the Zacks Consensus Estimate
by 3 cents. The average forecast for 2010 decreased 3 cents to a loss of 68
cents per share in the last 90 days. During that time period, the following
year's estimate moved down 5 cents to 2 cents per share.

Truly taking advantage of the Zacks Rank requires the understanding of how it
works. The free special report; "Zacks Rank Guide: Harnessing the Power of
Earnings Estimate Revisions" is available to provide this insightful
background. Download a free copy now to prosper in the years to come at
http://at.zacks.com/?id=93

About the Zacks Rank

Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are
the most powerful force impacting stock prices." Since inception in 1988, #1
Rank Stocks have generated an average annual return of +27%. During the
2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500
tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong
Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since
1988, Zacks Rank #5 stocks have significantly underperformed the S&P 500
(-0.9% versus +9%). Thus, the Zacks Rank system allows investors to truly
manage portfolio trading effectively.

Visit http://www.zacks.com/performance for information about the performance
numbers displayed in this press release.

Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of
Zacks Rank Buy stocks and highlights those stocks poised to outperform the
market. Subscribe to this free newsletter today by visiting
http://at.zacks.com/?id=94

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed
in 1978 by Leonard Zacks. As a PhD in mathematics 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=95

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


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.

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.

Contact: Michael Vodicka
Company: Zacks.com
Phone: 312-265-9226
Email: pr@zacks.com
Visit: www.Zacks.com

SOURCE Zacks Investment Research, Inc.

Website: http://www.zacks.com
Contact: Michael Vodicka of Zacks.com, +1-312-265-9226, pr@zacks.com
 
Press spacebar to pause and continue. Press esc to stop.