Superior Industries International, Cypress Bioscience, General Motors Corporation, Ford Motor and ABB

CHICAGO--([ BUSINESS WIRE ])--[ Zacks Equity Research ] highlights: Superior Industries International (NYSE: [ SUP ]) as the Bull of the Day and Cypress Bioscience, Inc. (Nasdaq: [ CYPB ]) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on General Motors Corporation (NYSE: [ GM ]), Ford Motor Co. (NYSE: [ F ]) and ABB Ltd. (NYSE: [ ABB ]).

Full analysis of all these stocks is available at [ http://at.zacks.com/?id=2678 ].

Here is a synopsis of all five stocks:

[ Bull of the Day ]:

Superior Industries International (NYSE: [ SUP ]) has a wide customer base. Moreover, its long-term business agreements with clients helped the company maintain financial stability.

With its strategic acquisition, divestment and relocation, the company is well positioned to take full advantage of the globally expanding automotive industry. In addition, Superior has no long-term debt obligations. Its third-quarter results were strong with earnings outperforming the Zacks Consensus Estimate by $0.02 per share.

Given these conditions, we have recommended shares of the company as Outperform with a set a target price of $23. It also carries a short-term Zacks #2 Rank (Buy).

[ Bear of the Day ]:

Cypress Bioscience, Inc. (Nasdaq: [ CYPB ]) reported a net loss of $0.94 per share in the third quarter, significantly higher than the Zacks Consensus Estimate and the year-ago loss of $0.12. Despite an increase in revenues, higher operating expenses led to the wider loss in the reported quarter.

Following the release of third quarter results, 2010 loss estimates for the company have increased significantly. We now expect the company to post a loss of $1.24, significantly higher than our previous loss estimate of $0.59 per share. Our loss estimate for 2011 has gone up by 3 cents to $0.15 per share.

While we expect the company's restructuring initiative to help reduce operating costs, we remain concerned about the early-stage nature of the company's pipeline and its dependence on Savella for growth. We are downgrading the stock to Underperform with a price target of $3.75.

Latest Posts on the Zacks [ Analyst Blog ]:

Treasury Gets $11.7B from GM IPO

The Treasury Department of U.S. has received payments of $11.7 billion against its loan extended to General Motors Corporation (NYSE: [ GM ]). The payment was made through the net proceeds from its initial public offering (IPO) last week. The automaker sold 478 million shares at the targeted price of $33, raising $15.8 billion in the IPO. Of this, the Treasury has sold 358.5 million shares.

The Treasury has revealed that it would also get $1.8 billion as bankers handling the IPO exercise options to purchase an additional 53.8 million shares of its stock within 30 days of the IPO. The bankers are allowed to exercise an option to sell up to 72 million shares.

Further, the Treasury would receive $2.1 billion due to the sale of preferred shares by GM in the next month. The preferred shares will be converted to common stock in 2013.

The U.S. government expects to recover about half of its unpaid loans to GM. Of the $52 billion in loans extended by the government in exchange of a 61% ownership in the company, $6.7 billion has been repaid in April this year, with $45.3 billion still left to be repaid.

Over and above the net proceeds from the IPO, stock options and sale of preferred shares, GM has stated that it would repay $9.5 billion to the government this year.

After the IPO begun, GMa�s shares have been listed in the New York Stock Exchange (NYSE) under the ticker aGMa, the symbol under which it traded all along before entering bankruptcy last year.

GMa�s IPO has been awaited for a long time. The company was desperate to shed its government ownership, which has been hurting its public image. However, the U.S. government would continue to own a third of GM subsequent to the IPO.

In the third quarter of the year, GM has topped both its hometown rivals, Ford Motor Co. (NYSE: [ F ]) and Chrysler LLC, by showing a profit of $2.16 billion or $1.20 per share in sharp contrast to a loss of $858 million or 73 cents per share in the year-ago quarter. Operating income was $1.85 billion versus a loss of $1 billion a year ago.

ABB Invests in Renewable Energy

ABB Ltd. (NYSE: [ ABB ]) made an investment of $13 million in Aquamarine Power, a Scotland based renewable energy company. Aquamarine engages in the conversion of wave energy into consumable electricity.

The investment was made by ABBa�s venture capital division, ABB Technology Ventures, and a portion of the investment of $4.8 million was from SSE Venture Capital, the venture capital unit of Scottish and Southern Energy and other investors.

The venture enhances the scope of ABB in the increasingly popular marine energy market and also provides it with a developmental opportunity in this renewable energy technology. The award winning wave power generation systems of Aquamarine are relatively easier to mount.

Recently, the company also made a sizable investment in an Israeli wind technology company, Pentalum Technologies. Pentalum is engaged in the development of superior wind sensing technology for monitoring and most favorably utilizing wind turbines and wind farms.

ABB enjoys a strong position in the wind energy market. The investment enhances ABBa�s scope in the market as Pentalum has good partnership with many wind turbine manufacturers and wind farm developers and operators.

Get the full analysis of all these stocks by going to [ http://at.zacks.com/?id=2649 ].

About the Bull and Bear of the Day

Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.

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Superior Industries International, Cypress Bioscience, General Motors Corporation, Ford Motor and ABB