American Woodmark, Taseko Mines, Yahoo!, Facebook and Microsoft highlighted as Zacks Bull and Bear of the Day

American Woodmark, Taseko Mines, Yahoo!, Facebook and Microsoft highlighted as
                        Zacks Bull and Bear of the Day

PR Newswire

CHICAGO, July 17, 2013

CHICAGO, July 17, 2013 /PRNewswire/ -- Zacks Equity Research highlights
American Woodmark Corporation (Nasdaq:AMWD-Free Report) as the Bull of the Day
and Taseko Mines Limited (AMEX:TGB-Free Report) as the Bear of the Day. In
addition, Zacks Equity Research provides analysis onthe Yahoo! Inc.
(Nasdaq:YHOO-Free Report), Facebook (Nasdaq:FB-Free Report) and Microsoft
(Nasdaq:MSFT-Free Report).

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

Here is a synopsis of all five stocks:

Bull of the Day:

Continued recovery in the housing markets and resilient consumer demand have
resulted in rising estimates, sending this cabinet maker to Zacks Rank #1
(Strong Buy).

American Woodmark Corporation (Nasdaq:AMWD-Free Report) is a leading
manufacturer and distributor of kitchen and bath cabinets for the remodeling
and new home construction markets.

The company manufactures cabinets under four major brands:American Woodmark,
Timberlake Cabinetry, Shenandoah Cabinetry and Waypoint Living Spaces and
sells more than 435 cabinet lines in a wide variety of design materials and
finishes.

Its products are sold through a network of independent dealers and
distributors, and directly to major builders and Lowe's and The Home Depot.
The company operates 11 manufacturing facilities and 9 builder service centers
across the country.

The company reported its fourth quarter ended April 30, 2013 on June 4, 2013.
Net sales rose by 26% compared with the fourth quarter of the prior fiscal
year to$171.1 million. Net income reported in the fourth quarter of fiscal
year 2013 was$5.2 million, or34 centsper diluted share, compared with a net
loss in the fourth quarter of fiscal year 2012 of ($6.0 million),
or($0.42)per diluted share.

The results were substantially ahead of the Zacks consensus estimate of $0.17
per share.

The Company experienced double digit sales gains in each of its sales channels
during the fourth quarter of fiscal year 2013, led by new construction sales
growth of more than 40%. Remodeling market also recorded a decent
mid-single-digit improvement, resulting in a double-digit surge in sales.

Bear of the Day:

This year has been quite challenging for copper miners as declining demand and
rising inventories. Disappointing results have in turn led to sharp downward
estimates revisions, sending Taseko Mines to a Zacks Rank #5 (Strong Sell).

Headquartered in Vancouver, Canada, Taseko Mines Limited (AMEX:TGB-Free
Report) owns and operates mining properties in Canada. The company currently
produces copper and molybdenum.

On May 2, 2013, Taseko reported it first quarter 2013 results. The quarter
resulted in an adjusted loss of $2.9 million, down from net earnings of $3.1
million for the first quarter of 2013. On a per-share basis, the loss was
$0.01 per share, below consensus.

Due to disappointing results, quarterly and annual estimates have been revised
sharply downwards in the past few weeks by analysts.

Zacks consensus estimate for the current quarter now stands at a negative
$0.01 per share versus $0.04 per share, 60 days ago, while the full-year
consensus estimate is $0.11 per share now, down from $0.21 per share.

While the company is trying to grow production and lower costs, lower copper
prices resulting from high inventories and global slow-down continue to act as
headwinds.

Additional content:

Yahoo Light in Revs, Beats on EPS Again

Four quarters into Marissa Mayer's tenure as CEO at Yahoo! Inc.
(Nasdaq:YHOO-Free Report), and we have yet to see anything but positive
earnings surprises. Yahoo brought in EPS of 30 cents (Zacks subtracts
stock-based compensation from our earnings numbers) on $1070 million (minus
traffic acquisition costs, or TAC) in revenues for the second quarter.

What this amounts to is a miss on the top line (we had expected revenues of
$1087 million in the quarter) and a 4-cent beat on the bottom line. So it's a
15% positive earnings surprise, even though revenues were down a bit.

Obviously, Yahoo's done a lot of heavy lifting in the past year, both buying
-- companies like Tumblr, Bignoggins and other mobile apps and gaming
companies -- and selling -- $6+ million in shares of its Chinese Internet
partner Alibaba. The windfall from the Alibaba sale (Yahoo still owns a 20%
stake in the company) was given back to shareholders, but even with these
major acquisition plays Yahoo still sits on $4.8 billion in cash.

Investors and analysts alike have been very high on the company, with YHOO
shares having shot up 70% since Mayer took the helm. Yahoo currently has a
Zacks Rank #1 (Strong Buy), and obviously Mayer herself is receiving plenty of
support, especially considering the... shall we say "rather low bar" set by
the previous 3 CEOs at the company.

Yahoo certainly has had a colorful past few years. Who remembers Scott
Thompson's falsified bio? Carol Bartz's "f-bombs"? The media did not treat
Yahoo kindly over this time period, when companies like Facebook (Nasdaq: FB -
Free Report) were able to take market share. But with the ship apparently
righted -- mobile app exposure is obviously a big part of the web industry,
and Yahoo appears to hold a nice hand right now -- YHOO shares have climbed
back up from the nether-regions of $12 and change, and are now at levels not
seen since Jerry Yang screwed up that Microsoft (Nasdaq: MSFT - Free Report)
deal.

The question remains whether execution of creating synergies with all its new
properties will go smoothly, but Yahoo is clearly in a better place than it
was a year ago. Missing estimates on the revenue side is not terrific news,
but it's likely not anything an Alibaba IPO can't fix. As for now, Marissa
Mayer's honeymoon with her company and the media continues.

Get today's Zacks #1 Stock of the Day with your free subscription to Profit
from the Pros newsletter:

About the Bull and Bear of the Day

Every day, the analysts at Zacks Equity Research select two stocks that are
likely to outperform (Bull) or underperform (Bear) the markets over the next
3-6 months.

About the Analyst Blog

Updated throughout every trading day, the Analyst Blog provides analysis from
Zacks Equity Research about the latest news and events impacting stocks and
the financial markets.

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 analyst 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. Click here to subscribe to this
free newsletter today.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed
in 1978. The later formation of the Zacks Rank, a proprietary stock picking
system; 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.

Get the full Report on AMWD - FREE

Get the full Report on TGB - FREE

Get the full Report on YHOO - FREE

Get the full Report on FB - FREE

Get the full Report on MSFT - FREE

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.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com

Zacks.com provides investment resources and informs you of these resources,
which you may choose to use in making your own investment decisions. Zacks is
providing information on this resource to you subject to the Zacks "Terms and
Conditions of Service" disclaimer. www.zacks.com/disclaimer.

Past performance is no guarantee of future results. Inherent in any investment
is the potential for loss. This material is being provided for informational
purposes only and nothing herein constitutes investment, legal, accounting or
tax advice, or a recommendation to buy, sell or hold a security. No
recommendation or advice is being given as to whether any investment is
suitable for a particular investor. It should not be assumedthat any
investments in securities, companies, sectors or markets identified and
described were or will be profitable. All information is current as of the
date of herein andis subject to change without notice. Any views or opinions
expressed may not reflect those of the firm as a whole. Zacks Investment
Research does not engage in investment banking, market making or asset
management activities of any securities. These returns are from hypothetical
portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced
monthly with zero transaction costs. These are not the returns of actual
portfolios of stocks. The S&P 500 is an unmanaged index. Visit
http://www.zacks.com/performance for information about the performance numbers
displayed in this press release.

SOURCE Zacks Investment Research, Inc.

Website: http://www.zacks.com
 
Press spacebar to pause and continue. Press esc to stop.