That means markets are pricing in worries about future growth and asset valuations as well as uncertainty over the impact of new regulation, said Collins Stewart analyst Ben Cohen. U. K life insurers in particular are trading at significant discounts to embedded value, with Legal & General ( UK:LGEN 82.45 , +0.10 , +0.12% ) at the start of the month trading at 76% of embedded value and Standard Life ( UK:SL. 209.20 , 7.50 , 3.46% ) at around 73%. Cohen said they face some of the biggest concerns about future growth in such a mature market as well as heightened worries about changes to solvency regulations. The U. K concerns have centered on the level of capital required for annuities. 
Share:  <span class="sent">That means markets are pricing in worries about future growth and asset valuations as well as uncertainty over the impact of new regulation, said Collins Stewart analyst <span class="analyst">Ben Cohen</span>.</span> U. K life insurers in particular are trading at significant discounts to embedded value, with Legal & General ( UK:LGEN 82.45 , +0.10 , +0.12% ) at the start of the month trading at 76% of embedded value and <span class="company">Standard Life</span> ( UK:SL. 209.20 , 7.50 , 3.46% ) at around 73%. Cohen said they face some of the biggest concerns about future growth in such a mature market as well as heightened worries about changes to solvency regulations. The U. K concerns have centered on the level of capital required for annuities. Tweet this 

That means markets are pricing in worries about future growth and asset valuations as well as uncertainty over the impact of new regulation, said Collins Stewart analyst Ben Cohen. U. K life insurers in particular are trading at significant discounts to embedded value, with Legal & General ( UK:LGEN 82.45 , +0.10 , +0.12% ) at the start of the month trading at 76% of embedded value and Standard Life ( UK:SL. 209.20 , 7.50 , 3.46% ) at around 73%. Cohen said they face some of the biggest concerns about future growth in such a mature market as well as heightened worries about changes to solvency regulations. The U. K concerns have centered on the level of capital required for annuities. 
Share:  <span class="sent">That means markets are pricing in worries about future growth and asset valuations as well as uncertainty over the impact of new regulation, said Collins Stewart analyst <span class="analyst">Ben Cohen</span>.</span> U. K life insurers in particular are trading at significant discounts to embedded value, with <span class="company">Legal</span> & General ( UK:LGEN 82.45 , +0.10 , +0.12% ) at the start of the month trading at 76% of embedded value and Standard Life ( UK:SL. 209.20 , 7.50 , 3.46% ) at around 73%. Cohen said they face some of the biggest concerns about future growth in such a mature market as well as heightened worries about changes to solvency regulations. The U. K concerns have centered on the level of capital required for annuities. Tweet this 

The CEO is seeking to boost output with projects in Qatar, Malaysia and Brazil. Shell has earmarked net capital spending of $28 billion for 2010 and will spend $25 billion to $27 billion a year from 2011 until 2014. It replaced 288 percent of its production with new discoveries in 2009."The company is at an important turning point operationally, with both exploration and production volumes and free cash flow set to improve significantly on a 2 to 3 year view," Gordon Gray , a London based analyst at Collins Stewart Plc, said in a note. He has a "buy" rating on the stock. 
Share:  The CEO is seeking to boost output with projects in Qatar, Malaysia and Brazil. <span class="company">Shell</span> has earmarked net capital spending of $28 billion for 2010 and will spend $25 billion to $27 billion a year from 2011 until 2014.<span class="sent"> It replaced 288 percent of its production with new discoveries in 2009."The company is at an important turning point operationally, with both exploration and production volumes and free cash flow set to improve significantly on a 2 to 3 year view," <span class="analyst">Gordon Gray</span> , a London based analyst at Collins Stewart Plc, said in a note.</span> He has a "buy" rating on the stock. Tweet this 

Analysts say similar problems could await television viewers throughout the country as contracts between cable companies and broadcasters come up for renewal amid new marketplace realities. The broadcast of the Academy Awards got restored on , but not without a preliminary compromise between Cablevision and Walt Disney Co., the owner of the city's ABC affiliate. The compromise will probably end up costing Cablevision customers about 50 cents a month, said Tom Eagan, an analyst with Collins Stewart LLC in New York. Advertising revenue has weakened, so television networks have started to demand money for their programs instead of advertising swaps they used to find acceptable. In the past, broadcasters would get to add channels to cable offerings, like ABC adding ESPN2, said Bruce Leichtman, a New Hampshire based cable television analyst 
Share:  Analysts say similar problems could await television viewers throughout the country as contracts between cable companies and broadcasters come up for renewal amid new marketplace realities. The broadcast of the Academy Awards got restored on , but not without a preliminary compromise between <span class="company">Cablevision</span> and Walt Disney Co., the owner of the city's ABC affiliate.<span class="sent"> The compromise will probably end up costing <span class="company">Cablevision</span> customers about 50 cents a month, said <span class="analyst">Tom Eagan</span>, an analyst with Collins Stewart LLC in New York.</span> Advertising revenue has weakened, so television networks have started to demand money for their programs instead of advertising swaps they used to find acceptable. In the past, broadcasters would get to add channels to cable offerings, like ABC adding ESPN2, said Bruce Leichtman, a New Hampshire based cable television analyst....Analysts say similar problems could await television viewers throughout the country as contracts between cable companies and broadcasters come up for renewal amid new marketplace realities. The broadcast of the Academy Awards got restored on , but not without a preliminary compromise between <span class="company">Cablevision</span> and Walt Disney Co., the owner of the city's ABC affiliate.<span class="sent"> The compromise will probably end up costing <span class="company">Cablevision</span> customers about 50 cents a month, said <span class="analyst">Tom Eagan</span>, an Tweet this 

Retailers fear that whoever wins the General Election, 2010 will be a year of increasing taxes, lower public spending and higher unemployment. Morrisons, which has over 420 stores, has outperformed bigger rivals Tesco, Leeds based Asda and Sainsbury's, helped by its focus on low prices, promotions and fresh food counters. Morrisons' like for like sales rose six per cent over the year, down from the previous year's stellar 8.2 per cent growth. Some analysts were disappointed the group did not announce a new plan to replace the three year Optimisation Plan to improve distribution and operating systems which ended in January. "Good, but just more of the same," was the verdict of Collins Stewart's Greg Lawless. 
Share:  Retailers fear that whoever wins the General Election, 2010 will be a year of increasing taxes, lower public spending and higher unemployment. <span class="company">Morrisons</span>, which has over 420 stores, has outperformed bigger rivals Tesco, Leeds based Asda and Sainsbury's, helped by its focus on low prices, promotions and fresh food counters. <span class="company">Morrisons</span>' like for like sales rose six per cent over the year, down from the previous year's stellar 8.2 per cent growth.<span class="sent"> Some analysts were disappointed the group did not announce a new plan to replace the three year Optimisation Plan to improve distribution and operating systems which ended in January. "Good, but just more of the same," was the verdict of Collins Stewart's <span class="analyst">Greg Lawless</span>.</span> Tweet this 

Sunnyvale based Zoran (NASDAQ:ZRAN) fell as low as $11.02 during the day's trading. John Vinh, an analyst at Collins Stewart , downgraded the company from "buy" to "hold" because of concerns over weak sales and an oversupply of the digital TVs that use the company's chips. 
Share:  Sunnyvale based <span class="company">Zoran</span> (NASDAQ:ZRAN) fell as low as $11.02 during the day's trading.<span class="sent"> <span class="analyst">John Vinh</span>, an analyst at Collins Stewart , downgraded the company from "buy" to "hold" because of concerns over weak sales and an oversupply of the digital TVs that use the company's chips.</span> Tweet this 

In a note to clients, Collins Stewart analyst John Vinh wrote his checks show weak digital TV sales at two of Zoran's customers, Funai Electronic Co and Toshiba Corp. Discount retailer Wal Mart Stores Inc overstocked for the holidays and has been left with excess inventory, he said. 
Share:  <span class="sent">In a note to clients, Collins Stewart analyst <span class="analyst">John Vinh</span> wrote his checks show weak digital TV sales at two of <span class="company">Zoran</span>'s customers, Funai Electronic Co and Toshiba Corp. Discount retailer Wal Mart Stores Inc overstocked for the holidays and has been left with excess inventory, he said.</span> Tweet this 

But Imran Akram at Collins Stewart said Bovis remains attractive: "With 12,000 landbank units and 16,000 strategic units, the group remains very well placed to continue to pull strategic units into the consented landbank as a source of attractively priced land." . Les Kent at brokerage FinnCap said Bovis could be an acquisition target. "We remain buyers of the shares for recovery and to own one of the best land banks in the sector because we do not think that sector consolidation is over," he said 
Share:  <span class="sent">But <span class="analyst">Imran Akram</span> at Collins Stewart said <span class="company">Bovis</span> remains attractive: "With 12,000 landbank units and 16,000 strategic units, the group remains very well placed to continue to pull strategic units into the consented landbank as a source of attractively priced land." .</span> Les Kent at brokerage FinnCap said <span class="company">Bovis</span> could be an acquisition target. "We remain buyers of the shares for recovery and to own one of the best land banks in the sector because we do not think that sector consolidation is over," he said....<span class="sent">But <span class="analyst">Imran Akram</span> at Collins Stewart said <span class="company">Bovis</span> remains attractive: "With 12,000 landbank units and 16,000 strategic units, the group remains very well placed to continue to pull strategic units into the consented landbank as a source of attractively priced land." .</span> Les Kent at brokerage FinnCap said <span class="company">Bovis</span> could be an acquisition target. "We remain buyers of the shares for recovery and to own one of the best land banks in the sector because we do not think that sector consolidation is over," he said. Tweet this 

While the plan is devised to enhance shareholder value over the longer term, some analysts are sceptical about its near term benefits to Liberty's share price. "The demerger is operational and not necessarily a clear positive for the share price," Collins Stewart analyst Aaron Guy told Reuters. 
Share:  While the plan is devised to enhance shareholder value over the longer term, some analysts are sceptical about its near term benefits to <span class="company">Liberty</span>'s share price.<span class="sent"> "The demerger is operational and not necessarily a clear positive for the share price," Collins Stewart analyst <span class="analyst">Aaron Guy</span> told Reuters.</span>...<span class="sent">"The demerger is operational and not necessarily a clear positive for the share price," Collins Stewart analyst <span class="analyst">Aaron Guy</span> told Reuters.</span> At 0936 GMT, <span class="company">Liberty</span> shares were down 2.5 percent, underperforming a 0.6 percent fall in the broader UK property stocks index . FTELUK as shareholders reacted to its weaker than expected results. <span class="company">Liberty</span> posted a 38 percent fall in full year 2009 diluted and adjusted net asset value (NAV) per share to 464 pence at end , down from 745 pence a year earlier, as the UK economic recession hit retailers, its key tenant base. Underlying earnings, excluding valuations, was 91 million pounds, against 105 million pounds a year earlier, behind the consensus forecast of 102.96 million pounds from 12 analysts compiled by Thomson Reuters I/B/E/S. Tweet this 

"Who had the greater leverage was never in doubt. it looks like Cablevision was just taking one for the team.". The terms the companies will come to probably will be closer to 50 cents a subscriber per month, said Tom Eagan , an analyst with Collins Stewart LLC in New York. Broadcasters have said stations deserve to be compensated for supplying TV's most watched shows, including "NCIS," "Sunday Night Football" and "Desperate Housewives." 
Share:  "Who had the greater leverage was never in doubt. it looks like <span class="company">Cablevision</span> was just taking one for the team.".<span class="sent"> The terms the companies will come to probably will be closer to 50 cents a subscriber per month, said <span class="analyst">Tom Eagan</span> , an analyst with Collins Stewart LLC in New York.</span> Broadcasters have said stations deserve to be compensated for supplying TV's most watched shows, including "NCIS," "Sunday Night Football" and "Desperate Housewives."..."Who had the greater leverage was never in doubt. it looks like <span class="company">Cablevision</span> was just taking one for the team.".<span class="sent"> The terms the companies will come to probably will be closer to 50 cents a subscriber per month, said <span class="analyst">Tom Eagan</span> , an analyst with Collins Stewart LLC in New York.</span> Broadcasters have said stations deserve to be compensated for supplying TV's most watched shows, including "NCIS," "Sunday Night Football" and "Desperate Housewives." Tweet this