For Immediate Release

Chicago, IL – April 20, 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: IBM Corp. (IBM), Intel Corp. (INTC), Google Inc. (GOOG), Hasbro Inc. (HAS) and Mattel Inc. (MAT).

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Here are highlights from Monday’s Analyst Blog:

IBM: Latest Tech Earnings Beat

IBM Corp. (IBM) has reported solid first quarter 2010 earnings results after the bell Monday. Its $1.97 per share on net revenues reaching $2.6 billion posted year-over-year gains of 16% and 13%, respectively.

The results topped the Zacks Consensus EPS Estimate by 3 cents per share, keeping with IBM’s recent modest positive surprises over the past few quarters, which have averaged under 5%. Analyst revision activity on IBM for the past month has been slight: only one analyst had upwardly revised his or her estimate for the quarter (up a penny from 30 days ago), and two analysts have helped tweak full-year 2010 estimates up from $11.05 to $11.06 in the past month.

That said, the market seemed quite positive ahead of the report, with IBM shares having gained 1.6% by the closing bell. But almost immediately upon the report’s release, those gains have been given back, and then some. Currently, the stock is down 1.8% (and still falling) on the highest trading volume IBM stock has seen in a month.

Like tech heavyweights Intel Corp. (INTC) and Google Inc. (GOOG) last week, IBM was able to capitalize on overall strength in the tech industry. But, as in Google’s case, even IBM’s earnings beat wasn’t enough to impress Wall Street after hours.

Hasbro Beats on Strong Sales

Hasbro Inc. (HAS) reported first quarter earnings of 40 cents per share. Excluding a favorable tax adjustment, the company reported earnings of 26 cents per share. The results were well ahead of the Zacks Consensus Estimate of 16 cents a share. Hasbro had earned 14 cents per share in the year-ago period.

The better-than-expected results were driven by a strong demand for its product lines. With a recovery in the economy, the company is experiencing favorable consumer spending trends.

Hasbro continues to return wealth to investors. Concurrent with the earnings release, the company has announced additional $625 million shares repurchase authorization. The company has also increased its dividend by 25% to 25 cents. The dividend is payable next month.

Hasbro expects both revenue and earnings to increase in 2010. However, management pointed out that the comparisons in the second quarter would be tough, as in the last year the company had shipments of movie-based toys for the Transformers and G.I. Joe movies.

Last Friday, Hasbro’s rival Mattel Inc. (MAT) reported its first earnings results. Mattel reported a first quarter earnings of 7 cents per share, which was quite surprising considering that the company was expected to report a loss of 2 cents per share according to the Zacks Consensus Estimate. The better-than-expected results were primarily driven by strong sales of its core brands and its licensed toy lines, particularly the newer ones.

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