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Zacks Analyst Blog Highlights: International Business Machine, Accenture, Intel Corp., Google Inc. and Advanced Micro Devices.

Publication: Business Wire
Publication Date: 19-OCT-09
Format: Online
Delivery: Immediate Online Access

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

CHICAGO -- 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: International Business Machine (NYSE: IBM), Accenture (NYSE: ACN), Intel Corp. (Nasdaq: INTC), Google Inc. (Nasdaq: GOOG) and Advanced Micro Devices (NYSE: AMD).

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 Friday's Analyst Blog:

IBM Exceeds & Raises Outlook

International Business Machine's (NYSE: IBM) third-quarter 2009 earnings exceeded the Zacks Consensus Estimate by one cent. As a result of expense management, net profit improved by 14% to $3.2 billion, while earnings per share rose 18% to $2.40 per share. This compares to a profit of $2.8 billion or $2.04 per share in the year-ago period. Net margins increased 250 basis points to 13.6%.

Profitability in the quarter was fueled by higher gross profit margin, which improved to 45.1% from 43.3% in...

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