Zacks Analyst Blog Highlights: Conexant Systems, Acquicor Technology, VeraSun Energy, Wilmington Trust and Telemar.CHICAGO -- 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: Conexant Systems (Nasdaq: CNXT), Acquicor Technology Acquicor Technology Inc is a company jointly founded by Gil Amelio, Steve Wozniak and Ellen Hancock, all of whom have worked for Apple Computer. Acquicor is a "blank check" company that will not make or sell any products, but rather seeks acquisitions in the technology sector. (AMEX AMEX See: American Stock Exchange : AQR AQR Association for Qualitative Research (UK) AQR Airline Quality Rating AQR Anàlisi Quantitativa Regional AQR Assured Quality Routing (iBasis) AQR Applied Quantitative Research ), VeraSun Energy Corporation (NYSE NYSE See: New York Stock Exchange : VSE See DOS/VSE. VSE - Virtual Storage Extended ), Wilmington Trust (NYSE: WL) and Telemar (NYSE: TNE TNE The Net Effect (UK) TNE Trusted Network Environment TNE The New Economics TNE Trans-Nasal Esophagoscopy TNE Test Nacelle Equipment TNE Thermal Noise Effect TNE Tina Network Element ). See the latest posts to the Analyst Blog by visiting: http://at.zacks.com/?id=2673 Here are highlights from Monday's Analyst Blog: Conextant Retains a Hold Late last month, Conexant Systems (Nasdaq: CNXT) announced that it expects to receive cash proceeds of approximately $100 million when Acquicor Technology (AMEX: AQR) completes its merger with Jazz Semiconductor, Inc. Under the terms of the agreement, Jazz will merge with a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Acquicor in an all-cash transaction valued at $260 million, subject to certain adjustments. Completion of the merger is expected to occur in the first quarter of calendar 2007. At this point, we are maintaining our Hold rating and have set a target price of $2.00. Initiating VeraSun at a Buy We are initiating coverage on VeraSun Energy Corporation (NYSE: VSE), an ethanol manufacturing and marketing company, with a Buy rating based on our positive outlook for the ethanol industry. In order to capitalize on this opportunity, the Company, which currently has ethanol capacity of 230 million gallons per year Million gallons per year is a measure of large-scale liquid production, consumption, or throughput. It is variously abbreviated as mgy, MGY, mmgy, MMgy, or MMGY. (MMGY), plans to expand production to 560 MMGY by 2008. In addition, government support, such as favorable regulatory policies coupled with tax incentives, is likely to drive the Company's profitability. Also, we are enthusiastic about VSE's ability to successfully raise equity capital to fund its aggressive expansion plans. Attractive Wilmington Entry Point We are upgrading Wilmington Trust (NYSE: WL) to a Buy rating, after the market reaction to Friday's earnings report left the shares at an attractive entry point. Headline EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. was $0.07 (vs. a $0.69 consensus), due to an impairment charge against Roxbury Capital. A second hit came from the charge-off of a single large credit, which caused a 57% sequential increase in the provision. Excluding the impairment charge, we view operating earnings Operating Earnings Profits after subtracting expenses such as marketing, cost of goods sold, administration and general operating costs from revenue. Notes: Tax and interest expenses are not subtracted - operating earnings are synonymous with EBIT (earnings before as $0.67, and with a more normal provision in the quarter, EPS would have met consensus or beaten it slightly. Our estimates are falling by $0.01-0.02 per quarter, primarily due to a revised outlook for interest rates and a lower projection for revenue from Roxbury, while our price target is unchanged. Downgrade for Telemar We are changing our recommendation on Tele Norte Leste ParticipaE*E[acute accent]es (NYSE: TNE), or Telemar, from Buy to Hold. Competition in the wireless and long-distance segments remains fierce, and we expect competition in the wireline business to increase a great deal in the short term. Nevertheless, we continue to have a positive view on the Brazilian economic outlook, and Telemar posted positive second quarter results. The company has stable and strong cash flow and a good dividend yield. See the latest posts to the Analyst Blog by visiting http://at.zacks.com/?id=2645 About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis Qualitative Analysis Securities analysis that uses subjective judgment based on nonquantifiable information, such as management expertise, industry cycles, strength of research and development, and labor relations. 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 by visiting http://at.zacks.com/?id=2674. About Zacks Zacks.com is a property of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. , 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. 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