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Zacks Bull and Bear of the Day Highlights: Gafisa S.A., King Pharmaceuticals, Bally, International Game Technology and WMS Industries Inc.

Publication: Business Wire
Publication Date: 14-AUG-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
http://www.profit.zacks.com/

CHICAGO -- Zacks Equity Research highlights Gafisa S.A. (NYSE: GFA) as the Bull of the Day and King Pharmaceuticals (NYSE: KG) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Bally (NYSE: BYI), International Game Technology (NYSE: IGT) and WMS Industries Inc. (NYSE: WMS).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676.

Here is a synopsis of all five stocks:

Bull of the Day:

We are reiterating our Outperform recommendation on Gafisa S.A. (NYSE: GFA). We have been encouraged by the stimulus package and the new value-added tax relief recently announced by the Brazilian government.

Second quarter 2009 results were positive, mainly considering the international crisis, which has affected Brazil's construction sector.

The new Government Housing Program and the R$600 million debenture from Caixa Economica will help Tenda to expand its...

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