The Zacks Analyst Blog Highlights:Standard Motor Product, General Electric, ITT Corp., Federal Signal and Tyco International PR Newswire CHICAGO, Jan. 29, 2013 CHICAGO, Jan. 29, 2013 /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 Standard Motor Product Inc. (NYSE:SMP), General Electric (NYSE:GE), ITT Corporation (NYSE:ITT), Federal Signal Corp (NYSE:FSS) and Tyco International Ltd (NYSE:TYC). (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 Monday's Analyst Blog: Standard Motors Retains Outperform Rec On Jan 23, we maintained our Outperform recommendation on Standard Motor Product Inc. (NYSE:SMP) based on its strong brand recognition, less cyclical end-market and efficient debt management measures. Why Maintained? Standard Motor's adjusted earnings per share in the 2012-third quarter went up 23.7% year over year to 73 cents, surpassing the Zacks Consensus Estimate by 9 cents. Revenues increased 16.8% to $276.0 million, ahead of the Zacks Consensus Estimate of $258.0 million, driven by the positive impact from the company's recent acquisitions and strong performance of the company's Temperature Control segment. Over the past four quarters, Standard Motors has delivered an average surprise of 0.33%. Following the release of the third quarter results, the Zacks Consensus Estimate for 2012 increased 7.9% to $1.77 per share. Moreover, the Zacks Consensus Estimate for 2013 also increased 6.3% to $2.03 per share. With the Zacks Consensus Estimates for both 2012 and 2013 going up, the company retains a Zacks Rank #1 (Strong Buy). Standard Motor benefits from its strong brand recognition and wide customer base. With a focus on the aftermarket, the company is less exposed to the cyclical automotive industry. The company will benefit from the rising demand of repair products due to the improved used vehicles market, increase in the number of automobiles on the road and rise in the average age of vehicles in the U.S. GE Signs MOU with Toshiba General Electric (NYSE:GE) and Toshiba Corporation recently signed a memorandum of understanding (MOU) to collaborate for high-efficiency combined-cycle power projects across the world. Additionally, the two companies intend to team up to develop combined-cycle power generation technology and advanced steam turbine technology with high levels of thermal efficiency. The global alliance is expected to be beneficial for both the companies which already have in-place agreements for 50-Hz and 60-Hz projects in Japan as well as in other parts of Asia. The combined entity recently won a contract to supply Flex Efficiency technology to Chubu Electric Power's Nishi Nagoya thermal power plant in Japan. GE's Flex Efficiency technology harnesses natural gas to ensure efficient usage of renewable energy. The Flex Efficiency portfolio will reduce emissions and its flexibility enable utilities to deliver power quickly as per the need, thus balancing the grid cost effectively. The customers will also reap the benefits of the sophisticated engineering, procurement and construction solutions of Toshiba as well as new technology of the Flex Efficiency Portfolio, which will meet the energy demands around the globe. The alliance will have high-efficiency steam turbine and generator technologies that will entail high plant efficiency, better engineering solutions and better fuel efficient plants in the future. General Electric is one of the most diversified technology and financial service corporations in the world, competing with industry big wigs such as ITT Corporation (NYSE: ITT) and Federal Signal Corp (NYSE: FSS). Its segments include Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Home & Business Solutions, and GE Capital. GE Power & Water provides customers with a wide array of power generation, energy delivery and water process technologies and helps them in addressing the challenges locally. General Electric currently has a Zacks Rank #4 (Sell). One of its competitors, Tyco International Ltd (NYSE:TYC) carries a Zacks Rank #1 (Strong Buy). Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515. 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. 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The Zacks Analyst Blog Highlights:Standard Motor Product, General Electric, ITT Corp., Federal Signal and Tyco International
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