CHICAGO, Aug 27, 2008 (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: Anglo American Plc. (Nasdaq: AAUK), URS
Corp. (NYSE: URS), CBS Corp. (NYSE: CBS), Companhia
Siderurgica Nacional (NYSE: SID) and Double Eagle Petroleum Co. (Nasdaq:
DBLE).

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Here are highlights from Tuesday's Analyst
Blog:

Anglo American Feeling Slowdown

We are maintaining a Hold recommendation on Anglo American Plc.
(Nasdaq: AAUK) after the company's first half
results. The company is benefiting from strong demand for commodities
around the globe and increased production. However, risks to global
economic growth remain, and as inflation moderates the need to hedge
against it using commodity stocks is less attractive.

The management is confident that commodity prices will remain strong
this year and ruled out a slowdown in demand from China. We are also
pleased by the company's restructuring program
in which involves Anglo's gold, steel and
paper manufacturing divisions. The stock is trading at 11.5x our 2008
EPS estimate, a multiple similar to that of its closest peers. We
therefore maintain our Hold recommendation and our six-month target
price is $28.

URS Corp. Upgraded to a Buy

Of URS Corp.'s (NYSE:URS) current $17.9
billion backlog, 7.8% is Power, 14% is Infrastructure, 58.1% is Federal
and 20.1% is Industrial/Commercial. At this point, the Power sector
probably has the best outlook, as the switch appears to be on from
coal-fired and oil-fired plants to gas-fired and nuclear-powered plants.

Infrastructure is increasingly being financed through bond issues, which
should be a positive. While Federal will remain an unknown until after
the election, Industrial/Commercial could be problematic, given the
current economic environment. URS continues to make bolt-on
acquisitions, and Zacks has upgraded URS from a Hold to a Buy.

CBS Ad Revenue Struggles

Mired in a secular and cyclical slowdown, we think CBS Corp.'s
(NYSE: CBS) revenue and earnings will trough in late 2009 on lower
comps, cost cutting, and the elimination of more than one-third of its
poorest-performing mid-market radio stations. Longer term, we think CBS'
recent string of divestitures will strengthen operations as the company
rationalizes its portfolio with better margin and higher growth
businesses.

The company is looking to offset the secular radio slowdown by creating
and acquiring higher-growth, higher-margin businesses in three key
areas: Interactive, Content, and Outdoor. At current valuations, we
expect the stock to generate total shareholder returns in line with the
market as dividends supplement our expectations of flat-to-low-single
digit capital appreciation (the stock currently yields a generous 6.6%).

SID Shares Strong as Steel

We are keeping our Buy recommendation on Companhia Siderurgica
Nacional (NYSE: SID). We are encouraged by the company's
solid first half of 2008 results. SID's sales
for the second quarter of 2008 were R$3,555 million (US$2,155 million)
from R$3,030 million in the previous quarter and R$2,975 million one
year ago, or 19.5% up year-over-year in Brazilian reals.

The economic environment in Brazil remains encouraging despite the
Central Bank's continued interest rate hikes.
Moreover, the demand for steel and iron ore from China is still strong,
and the Casa de Pedra project is on track. The possibility of an IPO of
Casa de Pedra in the following quarters is also very encouraging.

Double Eagle Set to Soar

Double Eagle Petroleum Co. (Nasdaq: DBLE) has not enjoyed the
stock price appreciation that most of players in the exploration and
production (E&P) space have enjoyed year to date. Yet, our Buy
recommendation remains unchanged and we have increased our target price
from $24 to $25 per share.

Double Eagle Petroleum reported second quarter '08 earnings of $0.26 per
share compared to a net loss of $0.06 per share in the year-earlier
quarter and earnings of $0.10 per share in the previous quarter. Second
quarter results came in above our earnings estimate of $0.12 per share.

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