Acorda Therapeutics, Corp. Executive Board, Amazon.com, Pearson Plc and John Wiley & Sons

Chicago, IL - May 7, 2009 - Zacks Equity Research picks Acorda Therapeutics, Inc. (ACOR) as Bull of the Day and The Corporate Executive Board (EXBD) as Bear of the Day. In addition, the analysts at Zacks Equity Research discuss the latest on Amazon.com (AMZN), Pearson Plc (PSO) and John Wiley & Sons (JW.A).

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

Bull of the Day

Acorda Therapeutics, Inc. (ACOR) received some very good news on May 6, 2009 when the U.S. FDA informed the company that the new drug application (NDA) for Fampridine-SR was accepted. The news comes only two weeks after the re-filing of the NDA on April 23, 2009.

However, the biggest surprise with the acceptance off the NDA was that the FDA also granted Acorda a priority review for the application. We note this was an independent decision by the FDA, as Acorda did not specifically ask for a priority review.

Clearly this is another very good sign and proves that the FDA views MS walking disability as a significant unmet medical need, with Fampridine-SR as potentially a breakthrough product for its treatment. The PDUFA action date has been set for October 22, 2009.

Bear of the Day

We maintain our Sell rating on shares of The Corporate Executive Board (EXBD) following the release of Q1 results. While Q1 EPS beat expectations, we have lowered our full-year estimates.

The company continues to experience deterioration in its cross-sell ratio, and other key operating metrics, including contract value. Given the current operating pressures, along with ongoing concerns regarding a slowing economy, we believe the shares should trade at a discount to the peer group average.

As such, we anticipate that the company’s shares will continue to underperform the market in the near-term.

Recent Analysis from the Analyst Blog

Amazon Introduces New Kindle

Amazon.com (AMZN) unveiled a new, larger Kindle today that publishers of newspapers, textbooks and novels all hope will spur sales.

The new Kindle has a 9.7-inch screen, 2.5 times the surface area of the original 6-inch Kindle, launched in 2007, and stores up to 3,500 books, more than double the current Kindle's capacity. The price tag is also much bigger at $489, compared with $389 for the current Kindle.

The electronic reader -- which enables consumers to download books anytime, anywhere at a smaller price than the hardcopy version -- has proven popular. According to Amazon, Kindle books now account for 35% of sales of titles that are available in both e-book and hardcopy versions.

An e-reader device seems well suited to replace a load of heavy hard copy textbooks lugged to school in backpacks. Three textbook publishers -- Cengage Learning, Pearson Plc (PSO) and John Wiley & Sons (JW.A) -- which account for 60% of the market will begin offering textbooks through the Kindle Store beginning this summer.

But can e-readers, such as the Kindle, shore up newspaper circulation, which has been in a secular decline for several years?

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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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