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  • Stocks to Research for Monday || IGT | PLCM | BIIB | ZSTN |

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    Sunday Apr. 24, 2011, 10:35 am EST
    Major Stocks to Know about for Monday -  IGT, PCLM, BIIB, ZSTN
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    IGT - International Game Technology (NYSE:IGT)
    International Game Technology (NYSE:IGT) posted a robust growth in profit for the second quarter after Thursday's market close. The company also boosted its earnings outlook for fiscal 2011. Shares are expected to gain on Monday.

    PLCM- Polycom, Inc. (NASDAQ:PLCM)
    Polycom, Inc.(NASDAQ:PLCM) soared more than 8% in the after-market trading, after announcing its Q1 results. Adjusted profit was $43 million or $0.48 a share, up from $25 million or $0.29 a share last year. Revenue grew to $344 million from $276 million. Analysts had expected profit of $0.42 a share on revenue of $337.80 million.

    BIIB- Biogen Idec Inc. (NASDAQ:BIIB)
    Biogen Idec Inc. (NASDAQ:BIIB) was upgraded by various analysts this weekend after it posted much better than expected results. Biogen was able to generate strong earnings from Avonex, Its most selling Multiple sclerosis drug and its chief source of income. It also announced positive results for its BG-12 drug and its PEG program. Biogen is definitely a buy for long this year with major drugs in late phases of trials that have capability of becoming blockbuster drugs.

    ZSTN- ZST Digital Networks, Inc. (NASDAQ:ZSTN)
    ZST Digital Networks, Inc. (NASDAQ:ZSTN) dropped heavily during the last trading session on Thursday. The Rosen Law Firm, P.A. said it is investigating potential securities claims against ZST Digital resulting from allegations that the company may have issued materially false financial statements and information to investors. On April 21, a market analyst published a news report revealing a number of red flags of fraud at ZST Digital mostly related to its 2008 and 2009 financial results.

    God Bless,
    Be Rich.

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