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Zacks Bull & Bear of the Day Highlights: Williams Companies, Waddell & Reed, Citigroup, JP Morgan Chase and American International Group.

Publication: Business Wire
Publication Date: 23-FEB-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
CHICAGO -- Zacks Equity Research picks Williams Companies Inc. (NYSE: WMB) as Bull of the Day and Waddell & Reed Financial Inc. (NYSE: WDR) as Bear of the Day. In addition, the analysts at Zacks Equity Research discuss the latest on Citigroup (NYSE: C), JP Morgan Chase (NYSE: JPM) and American International Group (NYSE: AIG).

Full analysis of all these stocks is available at: http://at.zacks.com/?id=2678

Bull of the Day

Williams Companies Inc.'s (NYSE: WMB) fourth-quarter 2008 earnings were down significantly from the year-earlier level due to sharp decline in energy commodity prices, leading to weak results for the E&P and Midstream businesses.

Management also lowered guidance and capex budget for 2009, largely in response to the commodity-price weakness. However, we reiterate our Buy rating on the company given its strong business mix, attractive growth opportunities in its...

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