Analyst View, Impact of Global Events - Research Report on Stericycle, Inc. and ANSYS, Inc.
Posted on October 17, 2011 at 09:00 AM EDT
HONG KONG -- (Marketwire) -- 10/17/11 -- Today, www.WorldStreetFundamentals.com released its industry report highlighting Stericycle, Inc. (NASDAQ: SRCL) and ANSYS, Inc. (NASDAQ: ANSS). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php?id=SRCL+ANSS.
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 Stericycle, Inc. for its current position within the industrial goods industry. Stericycle, Inc. is engaged in the business of managing regulated waste and providing an array of related services. The Company operates in the United States, Argentina, Brazil, Canada, Chile, Ireland, Japan, Mexico, Portugal, Romania, and the United Kingdom. The entire report on Stericycle, Inc. (NASDAQ: SRCL) is available here: www.WorldStreetFundamentals.com/Report.php?id=SRCL.
World Street has featured ANSYS, Inc. for its development within the technology industry. ANSYS, Inc. (ANSYS) develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense. ANSYS focuses on the development of open and flexible solutions. The entire report on ANSYS, Inc. (NASDAQ: ANSS) is available here: www.WorldStreetFundamentals.com/Report.php?id=ANSS.
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