Zacks Bull and Bear of the Day Highlights: Skechers USA,, Hess, ConocoPhillips and Marathon Oil

Zacks Bull and Bear of the Day Highlights: Skechers USA,, Hess,
                       ConocoPhillips and Marathon Oil

PR Newswire

CHICAGO, March 6, 2013

CHICAGO, March 6, 2013 /PRNewswire/ -- Zacks Equity Research highlights
Skechers USA (NYSE:SKX) as the Bull of the Day and Inc.
(NYSE:CRM) as the Bear of the Day. In addition, Zacks Equity Research provides
analysis on Hess Corporation (NYSE:HES), ConocoPhillips (NYSE:COP) and
Marathon Oil Corporation (NYSE:MRO).


Full analysis of all these stocks is available at

Here is a synopsis of all five stocks:

Bull of the Day:

Put on your cool sneakers and run -- don't walk -- to check out this
turnaround story. Skechers USA (NYSE:SKX) has fought from the back of the pack
in the past two years to become a profitable competitor again.

Founded in 1992 and headquartered in Manhattan Beach, California, Skechers
designs, develops, and markets active, casual, and hip footwear for men,
women, and children through its distribution networks in Canada, Brazil,
Chile, Europe, Japan and Asia.

Skechers's fourth-quarter 2012 earnings came in at $0.08 per share, stepping
hard on the loss of $0.54 delivered in the year-ago quarter, and the Zacks
Consensus Estimate of a loss of $0.11. This was achieved on the back of growth
witnessed across segments including domestic-wholesale, international, and the
company's over 350 retail stores.

That earnings beat popped the stock 15% out of long base to a 2-year high.
Skechers has now delivered positive earnings surprises in 5 of the last 7
quarters with an average beat of 110.8%.

Bear of the Day: Inc. (NYSE:CRM) reported fourth-quarter fiscal 2013 adjusted
loss per share of 2 cents, narrower than the Zacks Consensus Estimate of 3
cents loss per share. Revenues in the quarter were $834.7 million, up 32.0%
from the year-ago quarter. The quarter's result was also above the company's
guidance range of $825.0 million to $830.0 million.

Salesforce witnessed an improvement in revenues from all its business
segments. Subscription and support revenue was $785.5 million, up 32.0% on a
year-over-year basis, while the Professional services and other revenue was
$49.2 million, up 31.0% year over year.

Geographically, the company witnessed decent revenue growth in all of its
operating regions. Revenue in the Americas was up 34.0% to $583.0 million,
while Europe grew 37.0% to $149 million. This apart, revenue from Asia grew by
17.0% in dollars to $103 million. Although Asian revenue grew, but the growth
has been affected by slowing demand from enterprise customers in Japan.

Latest Posts on the Zacks Analyst Blog:

Hess to Exit Retail & Refining

Hess Corporation (NYSE:HES) is about to become a pure play in exploration and
production (E&P) as it plans to exit its retail, energy marketing and energy
trading businesses.

The announcement was taken positively by the investors and pushed the
company's shares up by 3.46% in the New York Stock Exchange on Mar 4 (Monday).
This move comes even as Hess continues to encounter hedge fund Elliott
Management's proposal to split the company.

Hess is executing a transition from an integrated oil and gas company to a
predominantly E&P entity, thereby shifting its growth approach from
high-impact exploration to lower-risk unconventionals and a smaller, more
focused exploration portfolio.

For this, it aims to shed assets in Indonesia and Thailand, announced a share
repurchase plan of up to $4 billion, and a boost in its annual dividend to $1
a share starting in the third quarter, more than doubling its quarterly
dividend. Hess will also elect a slate of six independent directors to its
board, replacing the existing six seats.

As part of this strategic shift, the company closed its Port Reading, New
Jersey refinery. This marked its complete exit from the refining business,
much like ConocoPhillips (NYSE: COP) and Marathon Oil Corporation (NYSE: MRO).
These companies also spun off their refining units in recent times.

Hess is also looking for other non-core assets, including the Asian assets of
Indonesia and Thailand. Hess holds the operatorship interest of the Sinphuhorm
gas field onshore Thailand.

Get the full analysis of all these stocks by going to

About the Bull and Bear of the Day

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