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Tupperware Brands, Noble Corp., Genzyme and Greenhill & Co.

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  Published in House and Home on Thursday, July 22nd 2010 at 14:10 GMT by Market Wire
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CHICAGO--([ BUSINESS WIRE ])--Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List a" Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): Tupperware Brands Corp. (NYSE: [ TUP ])and Noble Corp. (NYSE: [ NE ]). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Genzyme Corp. (Nasdaq: [ GENZ ]) and Greenhill & Co., Inc. (NYSE: [ GHL ]). To see the full Zacks #5 Rank List - Stocks to Sell Now visit: [ http://at.zacks.com/?id=92 ]

"Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions"

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List of Stocks to Sell Now by 80% annually (+2% vs. +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid.

Here is a synopsis of why TUP and NE have a Zacks Rank of #5 (Strong Sell) and should most likely be sold or avoided for the next one to three months. Note that a #5 Strong Sell rating is applied to 5% of all the stocks in the Zacks Rank universe:

Tupperware Brands Corp. (NYSE: [ TUP ]) posted second-quarter earnings of 93 cents per share on July 19, compared to the Zacks Consensus Estimate of 97 cents. The full-year average forecast slipped 13 cents to a profit of $3.57 per share over the past week as 7 analysts out of 8 cut back on expectations. Next yeara™s estimate slid 6 cents to $4.09 per share in that time period.

Noble Corpa™s (NYSE: [ NE ]) second-quarter earnings of 85 cents per share, reported on July 9, declined 45% year over year. This apart, earnings missed analystsa™ expectations by almost 23%. For 2010, the Zacks Consensus Estimate moved down 28 cents to $4.24 per share in the last 7 days, reflecting reductions by 11 out of 29 analysts. During that time, the following yeara™s average forecast dropped 9 cents to $4.67 per share.

Here is a synopsis of why GENZ and GHL have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks;

Genzyme Corp. (Nasdaq: [ GENZ ]) announced second-quarter earnings of 6 cents per share yesterday, which came in nearly 83% short of analystsa™ expectations. Revenues decreased to $1.08 billion from $1.23 billion. The Zacks Consensus Estimate for 2010 dipped 6 cents to $1.94 per share in the last 30 days as 2 analysts out of 4 reduced forecasts. Estimate for 2011 is $3.37 per share, which fell 6 cents in the same period.

Greenhill & Co., Inc. (NYSE: [ GHL ]) reported second-quarter earnings of 57 cents per share on July 21 while analysts anticipated a profit of 62 cents. The Zacks Consensus Estimate for the full year declined 15 cents to $2.30 per share in the last month as 2 analysts out of 7 slashed projections. Forecast for next year plunged 14 cents to $3.80 per share in that time span.

Truly taking advantage of the Zacks Rank requires the understanding of how it works. The free special report; aZacks Rank Guide: Harnessing the Power of Earnings Estimate Revisionsa is available to provide this insightful background. Download a free copy now to prosper in the years to come at [ http://at.zacks.com/?id=93 ]

About the Zacks Rank

Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank Stocks have generated an average annual return of +27%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have significantly underperformed the S&P 500 (-0.9% versus +9%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

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

Zacks aProfit from the Prosa e-mail newsletter offers continuous coverage of Zacks Rank Buy stocks and highlights those stocks poised to outperform the market. Subscribe to this free newsletter today by visiting [ http://at.zacks.com/?id=94 ]

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