For Immediate Release

Chicago, IL – March 15, 2010 – 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: Goldcorp (GG), Barrick Gold Corporation (ABX), Kinross Gold Corporation (KGC), Yamana Gold Inc. (AUY) and GOL Linhas Aéreas Inteligentes S.A. (GOL).

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Here are highlights from Friday’s Analyst Blog:

Goldcorp Adjusts Q4 Profits Up

Gold mining company Goldcorp’s (GG) adjusted net profits more than doubled to 25 cents in the fourth quarter of 2009 from 12 cents per share in the year-ago period. Earnings which benefited from high metal prices, were also ahead of the Zacks Consensus Estimate of 24 cents.

For the full year 2009, earnings were $588.2 million or $0.80 per share. Goldcorp was able to keep costs down in an inflationary environment. In the fourth quarter, cash costs were just US$289 an ounce.

The Vancouver-based gold company also managed to keep its development projects on-time and on-budget. Goldcorp, which recently acquired exploration firm Canplats Resources, as well as 70% of the El Morro copper-gold deposit in Chile, expects to produce 2.6 million ounces of gold this year. Goldcorp completed two projects in 2009: the Camino Rojo project near Peñasquito and the El Morro project.

Goldcorp reported that the new Peñasquito mine in Mexico is expected to start commercial production in the third quarter of 2010. Production at the Éléonore project in Quebec is anticipated at around 330,000 ounces of gold a year over a 16-year mine life, with cash costs below $400 an ounce. The initial capital cost of the project is expected to be about $800 million.

Goldcorp is North America’s lowest-cost gold producer. The company owns and operates the Red Lake, Porcupine and Musselwhite gold mines in Canada. Goldcorp has one of the best production profiles in the industry and competes with major gold producers like Barrick Gold Corporation (ABX), Kinross Gold Corporation (KGC) and Yamana Gold Inc. (AUY).

Goldcorp is developing new mines to be beneficial in times of higher gold prices. However, the company is exposed to foreign exchange risk as it pays most costs in local currencies and sells metal in dollars, hurting profits when currencies such as the Mexican peso and Canadian dollar rise, in spite of the company selling more gold at higher prices. We maintain our Neutral recommendation on the stock.

GOL Soars Past Estimates

GOL Linhas Aéreas Inteligentes S.A. (GOL) reported results for the fourth quarter of 2009. During the quarter, net revenues were R$1,617.6 million, up from R$1,548.6 million in the year-ago quarter.

During the quarter, GOL posted operating income of R$119.2 million, with an operating margin of 7.4%, 121.2% up from R$53.9 million and 3.5% margin in the year-ago quarter.

The improvement is a result of the company’s competitive advantages in relation to greater flight frequency between domestic airports, low-cost leader, and high indicators of punctuality, regularity, safety and differentiated client service, as well as increased demand on the domestic and international markets.

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