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The Zacks Analyst Blog Highlights:Nokia, Siemens, China Mobile, Telefonica and Hyatt Hotels

The Zacks Analyst Blog Highlights:Nokia, Siemens, China Mobile, Telefonica and
                                 Hyatt Hotels

PR Newswire

CHICAGO, Dec. 28, 2012

CHICAGO, Dec. 28, 2012 /PRNewswire/ --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 Nokia Corporation(NYSE:NOK),
Siemens AG(NYSE:SI), China Mobile Ltd(NYSE:CHL), Telefonica S.A.(NYSE:TEF)
and Hyatt Hotels Corporation(NYSE:H).

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

Get the most recent insight from Zacks Equity Research with the free Profit
from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Thursday's Analyst Blog:

Nokia-Siemens Wins Successive Orders

Nokia Siemens Networks ('NSN') – a 50-50 joint venture betweenNokia
Corporation(NYSE:NOK) andSiemens AG(NYSE:SI) – has won two different
network orders in quick succession from telecom giantChina Mobile
Ltd(NYSE:CHL) andTelefonica S.A.(NYSE:TEF). This successive order wining
reflects the company's ability to serve diverse network needs of different
customers.

Under the agreement, NSN will deploy China Mobile's Serve atOnce Intelligence
customer and business network analysis tool in the Guangdong region of China.
The new analysis tool will provide information regarding customer usage and
preference. It is also expected to allow the largest telecom carrier in the
world to increase customer loyalty and add new revenue streams.

In another agreement, NSN will upgrade the existing GSM and 3G network of O2
(Telefonica UK) with radio access network technology to provide LTE (Long Term
Evolution) services across London and south east of England. The contract
includes installation of NSN's NetAct network management system that will
allow consolidated configuration, monitoring and network optimization across
the network.

The leading telecom equipment manufacturer NSN has been going through a tough
time for quite some time. Though the company has a strong GSM portfolio, it
lacked severely on the CDMA front, which is the most dominant network used in
the lucrative North American market.

In order to overcome this and reduce operating costs, the company is
retrenching employees and selling its non-core business units. NSN plans to
lay off 17,000 or 23% of its work force and expects the restructuring to
result in an annual cost reduction of approximately $1.35 billion by 2013. The
company has trimmed about 13,000 of its work force and has made five
divestments, so far this year.

In the last two months, the company has won two network contracts from China
Mobile and South Africa's Vodacom. Addition of these latest contracts will
only consolidate its falling network business which has been subject to huge
cash losses for quite some time.

Additionally, winning business in the mainland and pitting Chinese rival in
their own backyard could be viewed as a positive for NSN, which has been
facing tough competition from ZTE and Huawei technologies.

We retain our long-term Neutral recommendation on Nokia Corp. Also, it holds a
Zacks #3 Rank, implying a short-term Hold rating.

Hyatt Strengthens in Asian Market

In a bid to expand in the lucrative Japanese market,Hyatt Hotels
Corporation(NYSE:H) announced that it has agreed to open Andaz Tokyo, the
first Andaz hotel in the region in collaboration with Mori Building Co., Ltd.
The new five-star property is due to be opened in the summer of 2014.

Andaz Tokyo's location at Toranomon (Minato Ward of Tokyo) is a strategic one
as it falls between Shiodome district and the Akasaka and Roppongi areas.
Toranomon is considered to be an upcoming major business center hub of Japan.
Tokyo Metropolitan Government considers it as a Special Zone for Asian
Headquarters. Andaz Tokyo, with its basic and modern amenities, will aim to
cater to the needs of the multinational companies situated in Toranomon. The
hotel with 164-guest rooms and suites will also offer the luxury of spa and
restaurant facilities.

Andaz is one of the leading brands of Hyatt Hotels and it is currently on a
high growth trajectory. As of now, the company own nine hotels under the Andaz
brand across four countries.

Apart from the new hotel, there are three other Hyatt-branded hotels in Tokyo
and Hyatt already owns eight hotels in Japan. The company has already opened a
five-star hotel, Grand Hyatt Tokyo in Japan in association with Mori Building
affiliates.

On December 12, Hyatt Hotels had announced the debut of a Hyatt Place branded
hotel in Bangkok in collaboration with local real estate firm Pioneer Property
Company Limited (PPC). The new property - Hyatt Place Bangkok, Sukhumvit, is
slated to open for business in 2017. Now, the launch of Andaz Tokyo will
further strengthen the company's position in the growing Asian market.

We presently have a long-term Neutral recommendation on the company's stock.
However, the company carries a Zacks #4 Rank (short-term Sell rating).

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