Analyst View, Impact of Global Events - Research Report on Harman International Industries Inc./DE/ and Forward Air Corporation
(firmenpresse) - HONG KONG -- (Marketwire) -- 10/17/11 -- Today, released its industry report highlighting Harman International Industries Inc./DE/ (NYSE: HAR) and Forward Air Corporation (NASDAQ: FWRD). 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 Harman International Industries Inc./DE/ for its current position within the consumer goods industry. Harman International Industries, Incorporated (Harman International) is engaged in the developing, manufacturing and marketing of audio products and electronic systems. The entire report on Harman International Industries Inc./DE/ (NYSE: HAR) is available here: .
World Street has featured Forward Air Corporation for its development within the services industry. Forward Air Corporation operates in two segments: Forward Air, Inc. (Forward Air) and Forward Air Solutions, Inc. (FASI). Through the Company's Forward Air segment, it is a provider of time-definite surface transportation and related logistics services to the North American deferred air freight market. The entire report on Forward Air Corporation (NASDAQ: FWRD) is available here: .
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Datum: 17.10.2011 - 13:00 Uhr
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News-ID 76740
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HONG KONG
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Investment Opinion
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