Intercontinental Hotels, which runs the Holiday Inn and Crowne Plaza chains, released its second-quarter results yesterday, saying that revenue was down, revenue per available room (a key measure in the industry) was down and it had recorded a loss of $82m after last year's $145m profit.If you want to buy for the long term, buying InterContinental Hotels may seem like an inspired decision in three years time. However, there are certainly going to be better punts available before then. Cautious hold says the Independent.Analysts believe shares in bakery chain Greggs, which trade at a forward 2009 price-to-earnings ration of 13, are fairly priced, although yesterday's update prompted some scribblers to pencil in modest full-year pre-tax profit upgrades. The baker's stock has risen by nearly 20% so far this year, but with Greggs preparing to step up its store opening programme in 2010, they could have further cause to rise whatever the weather. Buy says the Independent.Across the board, the focus on simplifying the supply chain means that Greggs can go full throttle towards its target of more than 2,000 stores, against 1,400 now. Having held back capital expenditure and in a positive net cash position, Greggs is like a coiled spring, ready to take advantage of softer property prices. Even at a fattening 12 times next year's earnings, it is time to tuck in says the Times.Collins Stewart, like many brokers, has not had an easy ride in the past couple of years and its announcement yesterday that first-half profits fell 36% to £6.1m, on similar revenues of £95.3m, was unsurprising. What was surprising was the amount that profits were limited by bonus payments. Hold says the Times.The long-term fundamentals of sprawling utility International Power are good. With 45 power stations in 21 countries, International Power's geographical exposure is vast. The market appears to think it can afford to have a poor half in the recession-hit US and UK. International Power's long-term future is sparky. The shares are a buy says the Telegraph.Without any doubt, NWF is doing well. The Cheshire-based groceries, fuel and animal feeds distributor issued record results yesterday, saying that its profits, EPS, dividend and revenues all hit record levels in the year to the end of May. But the stock had risen by 28 % over the past month, before yesterday's update so do not buy now, but keep the group in mind, it is probably a long-term winner. Avoid for now says the Independent.Support services contractor Interserve is trading at 235p, or 5.2 times expected 2009 earnings, while peers such as Balfour Beatty and Carillion trade at around seven times their expected earnings. Net debt fell to £85.1 million from £109 million in six months. At its present valuation, Interserve is starting to look rather cheap says the Times.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.