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Zacks Bull and Bear of the Day Highlights: IBM, Cost Plus, Inc., Colonial BancGroup Inc., BB&T Corporation and Bank of America Corporation.

Publication: Business Wire
Publication Date: 18-AUG-09 		Format: Online
Delivery: Immediate Online Access

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

CHICAGO -- Zacks Equity Research highlights IBM (NYSE: IBM) as the Bull of the Day and Cost Plus, Inc. (Nasdaq: CPWM) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Colonial BancGroup Inc. (NYSE: CNB), BB&T Corporation (NYSE: BBT) and Bank of America Corporation (NYSE: BAC).

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:

IBM's (NYSE: IBM) second quarter results were above the Zacks Consensus Estimates, driven by higher gross margins and operating cost controls. The company also raised its 2009 EPS by 50 cents to $9.70.

As a result of its large non-US revenue base, IBM has been better insulated from the recent weakness in the U.S. economy than many of its peers. We believe that with the strong liquidity position, operational efficiency and improving profitability, IBM is a defensive play in the current...

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