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Zacks Bull and Bear of the Day Highlights: Hain Celestial Group, Washington Mutual, Iconix Brand Group, Alpharma and Finisar Corporation.

Publication: Business Wire
Publication Date: 07-MAY-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
CHICAGO -- Zacks Equity Research highlights Hain Celestial Group (Nasdaq: HAIN) as the Bull of the Day and Washington Mutual (NYSE: WM) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Iconix Brand Group (Nasdaq: ICON), Alpharma, Inc. (NYSE: ALO) and Finisar Corporation (Nasdaq: FNSR). 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: Hain Celestial Group (Nasdaq: HAIN)

Healthy internal sales growth, driven by consumer demand for natural food products, and management's focus on improving profit margins bode well for Hain Celestial Group's outlook. In addition, management's acquisition strategy adds incremental growth to the company's organic sales growth. The company has been successful implementing price increases with another scheduled for implementation in May 2008.

Bear of the Day: Washington Mutual (NYSE: WM)

WM's 1Q08 earnings at a negative $1.40 per share were abysmal, significantly missing our and...

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