CHICAGO, Aug. 7, 2014 /PRNewswire/ --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 includethe Goldman Sachs Group, Inc. (NYSE:GS-Free Report), Deutsche Bank AG (NYSE:DB-Free Report), Broadcom Corp (Nasdaq:BRCM-Free Report), TriQuint Semiconductor, Inc. (Nasdaq:TQNT-Free Report) and Cypress Semiconductor Corp. (Nasdaq:CY-Free Report).
Today, Zacks is promoting its 'Buy' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Wednesday's Analyst Blog:
Goldman, Deutsche Nearing Buyout Firm Acquisition
The Goldman Sachs Group, Inc. (NYSE:GS-Free Report) andDeutsche Bank AG (NYSE:DB-Free Report), through their private equity wings, are inching closer to finalizing a deal to acquire the buyout unit of National Bank of Greece SA (NBG) per a Bloomberg report. However, no official revelation has been made so far.
Goldman Sachs Asset Management and DB Private Equity are in negotiation to shell out around £300 million ($506 million) for the acquisition of NBGI Private Equity Ltd. This figure is a third less than the Greek bank's original investment in the firm.
NBGI Private Equity's dismal performance might have pushed National Bank of Greece to vend off the unit. As per an April document quoted by Bloomberg News, the buyout unit has underperformed similar buyout firms and 10 of its 11 funds estimated to incur a loss of around €25 for every €100 invested.
National Bank of Greece is offloading assets to bolster its capital position before the European stress tests. The bank is approximately 84% owned by the Hellenic Financial Stability Fund (HFSF) - a rescue fund established to maintain stability in the Greek banking system. The Athens-based bank was rescued last year by the state with a bailout of €8.5 billion.
For Goldman and Deutsche Bank, the proposed deal seems to be in keeping with their investment goals.
Currently, Goldman Sachs carries a Zacks Rank #2 (Buy) while Deutsche Bank carries a Zacks Rank #3 (Hold).
Broadcom Tech to Enhance Telefonica TV
Leading semiconductor solutions provider Broadcom Corp's (Nasdaq:BRCM-Free Report) high-efficiency video codec (HEVC)-enabled system-on-chip (SoC) technology received a big boost when global telecommunications provider Telefonica selected it to deliver Ultra High Definition (Ultra HD) Internet Protocol Television (IPTV) broadcasts.
Broadcom is focused on innovating technologies related to connectivity, bandwidth and content, which enable it to capture a sizeable market share. The SoC technology powered with HEVC will facilitate the transmission of 4K content by reducing bandwidth usage by 50%.
The service providers with limited broadband capacity also stand to gain by leveraging the higher bandwidth efficiency and thereby expanding their video subscriber base. The SoC technology enables efficient operator content delivery for increased footprint, higher resolution and/or additional channels. It also offers crystal clear and lifelike picture quality to enhance the TV viewing experience of the subscribers globally.
Broadcom is a premier semiconductor manufacturer in the fast-growing wired and wireless communications markets. The company has cutting-edge solutions for a growing number of connected users who are demanding more content and bandwidth.
Based in Irvine , CA , Broadcom is engaged in designing and marketing semiconductor components of network voice, video, and data traffic for various applications. The company continues to drive innovation and engineering excellence across a broad range of communication end markets to help its customers enhance device performance and overall efficiency.
Broadcom currently has a Zacks Rank #2 (Buy). Other stocks that look promising and are worth a look in the industry include TriQuint Semiconductor, Inc. (Nasdaq:TQNT-Free Report) and Cypress Semiconductor Corp. (Nasdaq:CY-Free Report), both carrying a Zacks Rank #1 (Strong Buy)
Today, Zacks is promoting its 'Buy' stock recommendations. Get #1Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
Get the full Report on GS - FREE
Get the full Report on DB - FREE
Get the full Report on BRCM - FREE
Get the full Report on TQNT - FREE
Get the full Report on CY - FREE
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumedthat any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein andis subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Logo- http://photos.prnewswire.com/prnh/20101027/ZIRLOGO
SOURCE Zacks Investment Research, Inc.
