Analyst View, Impact of Global Events - Research Report on Onyx Pharmaceuticals, Inc. and 99 Cents Only Stores
(firmenpresse) - HONG KONG -- (Marketwire) -- 10/13/11 -- Today, released its industry report highlighting Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) and 99 Cents Only Stores (NYSE: NDN). Full fundamental and technical analysis is available at .
Short-term outlooks within US and global economies continue to adjust downward, as US Treasury yields touched their lowest levels in over 65 years. International Monetary Fund downgraded estimates for US growth by 1.0% this year, down from 2.5%. 'Significant downside risks' to the US economy were confirmed by the Federal Reserve pressured by 'strains in global financial markets.'
As the US dollar trades above an eight-month high against the Euro, it highlights a deepening of the Eurozone sovereign debt crisis -- furthered by continued policy inaction from European governments. We expect continued volatility until economic data stabilizes and we see decisive policy action to deal with the Eurozone debt crisis.
Our members are preparing for a turn in tides. Currently, the Credit Suisse Risk Appetite Indicator is at a 30-year low. For the past three occurrences, this level has acted as a leading indicator of large stock market rallies 18 months following.
World Street Fundamentals has highlighted Onyx Pharmaceuticals, Inc. for its current position within the healthcare industry. Onyx Pharmaceuticals, Inc. is a biopharmaceutical company engaged in developing therapies that target the molecular mechanisms that cause cancer. With the Company's collaborator, Bayer HealthCare Pharmaceuticals (Bayer), the Company is developing and commercializing anticancer therapies. The entire report on Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) is available here: .
World Street has featured 99 Cents Only Stores for its development within the services industry. 99Cents Only Stores is a retailer of primarily consumable general merchandise. The Company's stores offer customers an assortment of consumer goods, as well as a variety of quality, closeout merchandise, at a discount from standard retail prices. Merchandise sold in the Company's 99 Cents Only Stores is priced at or below 99.99 Cents per item. The entire report on 99 Cents Only Stores (NYSE: NDN) is available here: .
About World Street
World Street Fundamentals is an online portal for professionals, investors and new-comers to the markets to find in depth comprehensive research and research tools to help guide you through the ever changing financial markets.
Contact:
Adam Redford
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 13.10.2011 - 07:00 Uhr
Sprache: Deutsch
News-ID 1045588
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
HONG KONG
Phone:
Kategorie:
Investment Services & Trading
Anmerkungen:
Diese Pressemitteilung wurde bisher 107 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Analyst View, Impact of Global Events - Research Report on Onyx Pharmaceuticals, Inc. and 99 Cents Only Stores
"
steht unter der journalistisch-redaktionellen Verantwortung von
World Street Fundamentals (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
