Analyst View, Impact of Global Events - Research Report on Merck &; Co., Inc. and Veeco Instruments Inc.
October 20, 2011 09:00 ET
Analyst View, Impact of Global Events - Research Report on Merck & Co., Inc. and Veeco Instruments Inc.
HONG KONG--(Marketwire - Oct 20, 2011) - Today, [ www.WorldStreetFundamentals.com ] released its industry report highlighting Merck & Co., Inc. (
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 Merck & Co., Inc. for its current position within the healthcare industry. Merck & Co., Inc. (Merck) is a global health care company. Merck delivers health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products, which it markets through its joint ventures. Merck's operates in four segments: the Pharmaceutical, Animal Health, Consumer Care and Alliances segments. The entire report on Merck & Co., Inc. (
World Street has featured Veeco Instruments Inc. for its development within the technology industry. Veeco Instruments Inc. designs, manufactures and markets equipment to make light emitting diodes (LEDs), solar panels, hard-disk drives and other devices. The Company operates in two segments: Light Emitting Diode (LED) and Solar, and Data Storage. The entire report on Veeco Instruments Inc. (
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