Vivian Lewis Highlights: Banco Latinoamericano de Exportaciones, Aracruz Celulose, Amdocs, Sanofi-Synthelabo, and Tenaris.Business Editors CHICAGO--(BUSINESS WIRE)--July 22, 2003 While the sustainability of this rally remains in question, stock prices are rising and investors can take part with several international recommendations from Vivian Lewis. Learn about Banco Latinoamericano de Exportaciones (NYSE NYSE See: New York Stock Exchange :BLX BLX Business Line Expert BLX Basic Launch Complex BLX British Legion of Xbox (gaming clan) ), Aracruz Celulose (NYSE:ARA Ara or Arrah (both: ŭ`rə), city (1991 pop. 157,082), Bihar state, NE India, on the Son Canal. A major road and rail junction, it is the administrative center for a district that produces grain, sugarcane, and oilseed. ), Amdocs Ltd. (NYSE:DOX DOX Design of Experiments DOX Direct Operational Exchange ), Sanofi-Synthelabo SA (NYSE:SNY n. 1. An upward bend in a piece of timber; the sheer of a vessel. ), and Tenaris (NYSE:TS). Click here for the full story exclusively on Zacks.com: http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: Banco Latinoamericano de Exportaciones (NYSE:BLX), a multinational Latin/Caribbean trade-finance bank, set the subscription price for Class E common stock purchased under its non-tradable rights offering at $6.68 per share, higher than originally estimated. The expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. Notes: The expiration date for all listed stock options in the U.S. was June 20. The subscription price was the lowest of three averages of the last reported sales price of a Class E share for 90, 30, and 10 trading days, each ending on June 18. Aracruz Celulose (NYSE:ARA) signed a preliminary deal to buy the Riocell pulp plant from cellulose maker Klabin for $610.5 million. ARA is the world's largest producer of bleached eucalyptus pulp, used to make paper products, from toilet paper to writing pads. Riocell will add another 40,000 hectares (98,842 acres) of eucalyptus to ARA's existing 188,000 hectares further north. Prudential Securities raised its investment ratings for Amdocs Ltd. (NYSE:DOX), supplier of billing and customer care software, to 'buy' from 'hold.' Pru cited "a series of large signings that have boosted backlog and increased visibility." Vivian owns the stock thanks to F. Barry Nelson (Advent Capital, NYC NYC abbr. New York City NYC New York City ), who first tipped her to the convertible shares, now converted. Globes Israel later reported that DOX is in the final sages of negotiating a 5 year outsourcing contract with Verizon worth in excess of $700 million, to maybe rise later to $1 billion. DOX also won a contract from Vodafone Hungary, a very fast growing cellular phone network, for billing and customer-relations-management software. Sanofi-Synthelabo SA (NYSE:SNY) was raised to 'outperform' by Bear Stearns. France's number 2 drugmaker seeks FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. okay for expanded use of its colorectal cancer colorectal cancer Malignant tumour of the large intestine (colon) or rectum. Risk factors include age (after age 50), family history of colorectal cancer, chronic inflammatory bowel diseases, benign polyps, physical inactivity, and a diet high in fat. treatment Eloxatin after new study results showed that the drug improves patients' life expectancy and quality of life. The FDA also decided that Sanofi's drug Alfuzosin doesn't provoke a heart irregularity A defect, failure, or mistake in a legal proceeding or lawsuit; a departure from a prescribed rule or regulation. An irregularity is not an unlawful act, however, in certain instances, it is sufficiently serious to render a lawsuit invalid. , based on clinical evidence from SNY. The drug treats benign prostatic hyperplasia benign prostatic hyperplasia n. Abbr. BPH A nonmalignant enlargement of the prostate gland commonly occurring in men after the age of 50, and sometimes leading to compression of the urethra and obstruction of the flow of urine. . Tenaris (NYSE:TS), an Argentine tube producer, paid a 9.9-cent per share dividend, paralleling the dividend announced earlier for Tubos de Acero, its Mexican sub (with ADRs) that it is trying to de-list. By announcing the Mexican dividend before its own, TS strengthened the hand of diehards holding on to TMX-ASE. Possibly as a result, TS had among the strongest fund inflows among NYSE shares (based on its 50-day average volume), according to Investor's Business Daily Investor's Business Daily (IBD) is a national newspaper in the United States, published Monday through Friday, that covers international business, finance, and the global economy. Founded in 1984 by William O'Neil, its headquarters are in Los Angeles, California. . Get more of Vivian Lewis and her team's market commentaries along with additional recommendations for foreign companies that could make an impact at home by clicking: http://featuredexpert3bw.zacks.com/ About Zacks Featured Experts To be a successful investor you need professional advice. Experts who know what they're talking about and can help you achieve your financial goals in good markets...and especially in bad ones will help you improve your portfolio. That is why Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. has assembled the best investment experts in the business to offer their powerful advisory newsletters to you on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. Recommendations from Featured Experts Highlighted in FREE Investment Newsletter The best way to tap into the powerful advice from these experts is through our free weekly e-mail newsletter, "Profit from the Pros". Each week we highlight several Featured Experts in this free e-mail newsletter. Get your free subscription to "Profit from the Pros" at: http://www.freeprofit1bw.zacks.com About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1981 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, than with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. For your free newsletter, visit http://www.freeprofitbw.zacks.com 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. 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. |
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