The Zacks Analyst Blog Highlights: Tyson Foods, Weyerhaeuser, American Axle, Estee Lauder and Accenture plc - Press Releases
06 Febbraio 2012 - 9:30AM
Zacks
For Immediate Release
Chicago, IL – February 6, 2012 – 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 Tyson Foods ( TSN),
Weyerhaeuser ( WY), American Axle
( AXL), Estee Lauder ( EL) and Accenture
plc ( ACN).
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free Profit from the Pros newsletter:
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Here are highlights from Friday’s Analyst
Blog:
All About the Big Jobs Numbers
The Bureau of Labor Statistics reported better-than-expected
non-farm payroll numbers for January of 243K, compared to
expectations in the 130K to 150K range. The tallies for December
and November were revised upwards, belying expectations that last
month’s strength was due to one-off seasonal factors.
The unemployment rate dropped again – to 8.3% from 8.5% in
December. Average hourly earnings and the average workweek both
ticked up, rounding out an overall very positive labor market
report.
The expectation for a deceleration in the January
number reflected the reversal of some seasonal factors that
had supposedly boosted the December gains. Instead, we not only an
accelerating jobs trend in January, but the very strong December
number was revised upwards. This is consistent with all the major
labor market indicators that have been showing an improving trend.
Initial Jobless Claims have been steadily coming down.
The employment component of the manufacturing ISM survey was less
favorable in January compared to the preceding month, but was
nevertheless indicating jobs gains. Importantly, we have
consistently been seeing greater improvements in the Household
survey than in the Establishment survey over the last three to four
months, indicating that the official jobs numbers are understating
actual labor market gains. This shows to me that we are in the
midst of a fairly stable improving labor market trend.
In this morning’s earnings results, we got an EPS and revenue beat
from Tyson Foods ( TSN) on the back of strength in
the meat processor’s chicken business.
Weyerhaeuser ( WY), the real estate and lumber
company, also beat earnings expectations on roughly in-line
revenue. American Axle ( AXL) beat on EPS, but
missed on revenue. Estee Lauder ( EL) provided a
lower earnings guidance, citing increasing marketing outlays due to
new product launches.
Another Deal Win for Accenture
Management and technology consulting major Accenture
plc ( ACN) announced a deal with 12 southeast
Minnesota counties for the development of a human services delivery
model focused on shifting them from a county-based to a regional
approach. This is partially funded by the Bush Foundation.
Accenture would be instrumental in laying out a strategic plan,
including the business case, redesigned operating model and
implementation roadmap for the development of a multi-county
framework for human services delivery.
Although the terms of the deal were not disclosed, we believe
that this is an innovative venture, which may also work for other
counties of the US, thereby generating a new line of business for
the company.
Moreover, the company also introduced “Accenture Citizen
Self-Service Portal Version 2.0,” which will enable the citizens to
electronically access their caseworkers as well as the benefit
application process. The portal is expected to provide greater
self-sufficiency for social service beneficiaries, thus
facilitating further agency expansion and opening up a new channel
for citizens to interact with government case workers in a secure
environment.
This software is specially designed for public service to help
meet the needs of social service agencies and the people served by
those agencies. This will enhance the company’s Public Service
Platform and will help public agencies better manage human services
delivery costs.
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ACCENTURE PLC (ACN): Free Stock Analysis Report
AMER AXLE & MFG (AXL): Free Stock Analysis Report
ESTEE LAUDER (EL): Free Stock Analysis Report
TYSON FOODS A (TSN): Free Stock Analysis Report
WEYERHAEUSER CO (WY): Free Stock Analysis Report
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