The Zacks Analyst Blog Highlights: Boeing, Research In Motion, Pandora Media, Apple and Google PR Newswire CHICAGO, April 9, 2013 CHICAGO, April 9, 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 The Boeing Company (NYSE:BA), Research In Motion Ltd. *(Nasdaq:BBRY), Pandora Media Inc. (NYSE:P), Apple Inc. (Nasdaq:AAPL), Google Inc. (Nasdaq:GOOG). (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: Boeing Provides 1Q Deliveries The Boeing Company (NYSE:BA) announced its deliveries across its commercial and defense operations for the first quarter of 2013. The company maintained its quarter delivery level on an annualized basis with deliveries of 137 airplanes. The 737 model continues to be the pillar of Boeing's strength in the commercial airplane sector with deliveries of 102 airplanes, followed by its 777 model with 24 deliveries. Both these models continue to perform better than competing models owing to their fuel efficiency and lower operating costs. In the year-earlier period, the company delivered 99 units of the 737 and 20 units of the 777 model. Boeing's deliveries in the defense and space business were 45 in the first quarter of 2013. Of this 15 were Apache helicopters, 12 were F/A-18E/F and EA-18G fighter jets and 9 were Chinook helicopters. Moreover, Boeing won net orders for 209 planes in the Mar 2013 quarter, after considering the cancellations of 11 jets. Boeing has a unique position as the largest aircraft manufacturer in the world in terms of revenues, orders and deliveries. Besides, it is one of the largest aerospace and defense contractors in the world. Also, its revenues are spread across more than 90 countries around the globe. In the fourth quarter of 2012, Boeing delivered better-than-expected results based on higher deliveries of commercial airplanes. The company's strong numbers came from higher commercial plane deliveries which more than offset a tepid quarter for defense. Boeing's presence in the commercial airplanes market insulates the company from U.S. defense budget shock waves that are currently affecting all defense players across the board. Boeing had a strong commercial airplanes backlog. At the end of 2012, the company's backlog was more than 4,400 airplanes valued at a record $319 billion. Boeing currently retains a Zacks Rank #3 (Hold). BlackBerry to End BBM Music Service In a recent strategic move BlackBerry smartphone developer, Research In Motion Ltd. *(Nasdaq:BBRY) has announced that it will discontinue its BBM music service from Jun 2, 2013. It is believed that tough competition from free online music-streaming service providers has compelled BBRY to shut down its operations. Notably, the cloud-based music-sharing service allows BlackBerry Messenger (BBM) subscribers to create a music library and share songs with friends at a monthly service pack of $4.99. However, a user can share a maximum of 50 songs from a list of more than 1 million tracks. BBRY is compensating its 60 million BBM subscribers by providing them with a 30 day free access to RDIO music service. RDIO offers more than 18 million songs, including the latest hits and classic albums. Streaming music on mobile phones has been flourishing over the past few years as companies like Pandora Media Inc. (NYSE:P), Spotify and MOG continue to fight for market share. In Canada, BBRY subscribers are also deprived of CBS Music's free on demand music service, which is available in rival Apple Inc.'s (Nasdaq:AAPL) iPhone and Google Inc.'s (Nasdaq:GOOG) Android-based smartphones. We believe that BBRY needs to come up with a similar free music-streaming service for the old BlackBerry smartphone customers to cope up with its rivals in the online music category. However, BBRY has not included the music service in its latest BB10-operating system (OS)-based smartphones. Instead, the new OS-based smartphones come with a free music-streaming service called Songza that recommends playlist based on the mood or activity of the user. Research In Motion currently carries a Zacks Rank #2 (Buy). *Research In Motion announced that effective Jan 30, 2013, the company would operate around the world under the name BlackBerry. From Feb 4, 2013, the company's ticker symbol for trading has been changed from "RIMM" to "BBRY" on NASDAQ. The legal name of the company has not changed, for which the approval of the official change by shareholders will be sought at the company's Annual General Meeting later in 2013. During the time, the company will do business as BlackBerry. 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. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT 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=5518. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. 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 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. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 email@example.com http://www.zacks.com SOURCE Zacks Investment Research, Inc. Website: http://www.zacks.com
The Zacks Analyst Blog Highlights: Boeing, Research In Motion, Pandora Media, Apple and Google
Press spacebar to pause and continue. Press esc to stop.