What's Ahead: Today's Economic Outlook - Equity Research on Superior Energy Services, Inc. and Helix Energy Solutions Group Inc.
(firmenpresse) - MACAU -- (Marketwire) -- 10/28/11 -- Today, announced its research report highlighting Superior Energy Services, Inc. (NYSE: SPN) and Helix Energy Solutions Group Inc. (NYSE: HLX). Full content and research 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.
Equity Markets has reviewed Superior Energy Services, Inc. for its current position within the basic materials industry. Superior Energy Services, Inc. is a provider of specialized oilfield services and equipment. It provides services, tools and liftboats to maintain, enhance and extend producing wells, as well as plug and abandonment services at the end of their life cycle. The full research report on Superior Energy Services, Inc. (NYSE: SPN) is available here: .
Equity Markets has reviewed Helix Energy Solutions Group Inc. for its development within the industry. Helix Energy Solutions Group, Inc. (Helix) is an international offshore energy company that provides reservoir development solutions and other contracting services to the energy market, as well as to its own oil and gas properties. The Company operates in three segments: Contracting Services, Production Facilities, and Oil and Gas. The full research report on Helix Energy Solutions Group Inc. (NYSE: HLX) is available here: .
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Samuel Littman
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Datum: 28.10.2011 - 07:00 Uhr
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News-ID 1051038
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