CHICAGO, March 24, 2011 /PRNewswire/ -- Zacks.com Analyst Blog features: Motorola Mobility Holdings, Inc. (NYSE: MMI), Polycom, Inc. (Nasdaq: PLCM), Apple Inc (Nasdaq: AAPL), Research In Motion Ltd. (Nasdaq: RIMM) and Jabil Circuit Inc. (NYSE: JBL).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579
Here are highlights from Wednesday's Analyst Blog:
Motorola Upgrades Service
A leading mobile phone manufacturer, Motorola Mobility Holdings, Inc. (NYSE: MMI) plans to enter into a joint venture with Polycom, Inc. (Nasdaq: PLCM) in order to provide high definition (HD) video conference solutions on MOTOROLA XOOM tablets. The venture will kick off in the middle of the year.
One of the essential features of Motorola's XOOM tablet is the video communication service. This service facilitates communication between different users located in different places. Such service will mainly help the corporate clients for enhancing managerial efficiency, cost reduction and time management.
The relationship with Polycom will allow Motorola to access more than two million virtual communication solution providers available in the market. The service to be offered by Polycom to Motorola mobile users are at no extra network configuration.
Polycom, Inc. is one of the leading virtual communications solutions provider, which offers telepresence, video, voice and infrastructure solutions built on open standards. It was one of the first companies to provide high definition (HD) video conference solutions to the clients.
Motorola Mobility is gradually regaining its lost ground in the lucrative U.S. smartphone market. The recent acquisition of privately held Zecter will enhance Motorola Mobility's innovative capacity with synchronization and streaming technologies for on-demand mobile digital contents. However, rapidly changing technology, stiff competition from other tablets like Apple Inc's iPads and Samsung's Galaxy Tab will act as headwinds for the stock in the coming years.
Jabil Beats, Shares Soar
Shares of electronic parts manufacturer, Jabil Circuit Inc. (NYSE: JBL) surged $1.93 (10.20%) to $20.86 in after-hours trading, following the release of the company's second quarter 2011 results.
Jabil reported pro forma earnings of 45 cents per share, beating the Zacks Consensus Estimate by a penny. Pro forma earnings include stock-based compensation expenses but exclude one-time charges of 20 cents.
Earnings (excluding stock-based compensation and one-time charges) were 54 cents per share, up 86.0% year over year from 29 cents reported in the prior-year quarter. This was better than management's guided range of 49 cents to 53 cents. Earnings on a GAAP basis were 25 cents, up 78.9% year over year from 14 cents reported in the year-earlier quarter.
The strong results were driven by solid top-line growth in the quarter and expanding operating margins based on lower cost of operations.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5514.
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=5516
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics 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=4580.
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/ZacksInvestmentResearch
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.
Web Content Editor
SOURCE Zacks Investment Research, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here