Zacks Analyst Blog Highlights: Bristol-Myers Squibb Co., ImClone Systems Inc., LSI Corp, Infineon Technologies A.G. and ConocoPhillips.

CHICAGO--(BUSINESS WIRE)--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: Bristol-Myers Squibb Co. (NYSE: BMY), ImClone Systems Inc. (Nasdaq: IMCL), LSI Corp. (NYSE: LSI), Infineon (NYSE: IFX) and ConocoPhillips (NYSE: COP).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579

Here are highlights from Friday’s Analyst Blog:

Bristol Deal Makes More Sense

Bristol-Myers Squibb Company (NYSE: BMY) is a major producer and distributor of pharmaceuticals and other healthcare-related products. The Pharmaceutical segment manufactures and sells branded pharmaceutical drugs such as Pravachol for cholesterol reduction, Plavix for hypertension and Erbitux for cancer. The Nutritional segment, through its subsidiary Mead Johnson, develops infant formulas like Enfamil, as well as other nutritional products.

We think the non-small cell lung cancer market offers significant opportunities for Erbitux. Add on the potential for IMC-118 to become a blockbuster product and we think it makes sense for Bristol raise its $62/share offer for ImClone (Nasdaq: IMCL). A sale to any other suitor may very possibly end up in a court battle over ownership rights to ImClone's pipeline.

LSI Corp. Keeps Chipping Away

LSI Corporation (NYSE: LSI), designs, manufactures and markets application-specific integrated circuits (ASICs) and other standard products. An ASIC is a chip built by connecting existing circuit building blocks in new ways. ASICs can be found in edge switches and routers, and are also found in such consumer devices as DVD players and recorders, digital set-top boxes, cable modems, DSL modems, residential gateways and digital cameras.

LSI completed the acquisition of hard drive semiconductor assets of European firm Infineon (NYSE: IFX), driving further consolidation in this space following the company's prior acquisition of Agere. Going forward, management expects revenues in the range of $695 - $725 million in Q3 and non-GAAP EPS in the range of $0.11 - $0.15.

Conoco Strength Growing

Houston, Texas-based ConocoPhillips (NYSE: COP) ranks 3rd in the U.S. and 5th worldwide among the publicly traded energy companies.

ConocoPhillips has significantly strengthened its upstream portfolio over the last few years through its Burlington and LUKOIL transactions and remains a premier domestic refining player. Recent alliances with the Abu Dhabi National Oil Company (ADNOC), Saudi Aramco, and Australia's Origin Energy are catalysts for the company's future growth.

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=2649.

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: http://at.zacks.com/?id=2677

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which 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 at http://at.zacks.com/?id=4580.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.