Science and TechnologyScience and Technology
Wed, October 12, 2011
[ Wed, Oct 12th 2011 ] - Market Wire
Sandvine Adds New Board Member
[ Wed, Oct 12th 2011 ] - Market Wire
BMO Economics

Analyst View, Impact of Global Events - Research Report on salesforce.com, inc. and Lorillard Inc.


Published on 2011-10-12 06:06:34 - Market Wire
  Print publication without navigation


October 12, 2011 09:00 ET

Analyst View, Impact of Global Events - Research Report on salesforce.com, inc. and Lorillard Inc.

HONG KONG--(Marketwire - Oct 12, 2011) - Today, [ www.WorldStreetFundamentals.com ] released its industry report highlighting salesforce.com, inc. (NYSE: [ CRM ]) and Lorillard Inc. (NYSE: [ LO ]). Full fundamental and technical analysis is available at [ www.WorldStreetFundamentals.com/Reports.php?id=CRM+LO ].

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 salesforce.com, inc. for its current position within the technology industry. Salesforce.com, Inc. is a provider of enterprise cloud computing applications. The Company provides a customer and collaboration relationship management (CRM), service to businesses of all sizes and industries worldwide and provides a technology platform for customers and developers to build and run business applications. The entire report on salesforce.com, inc. (NYSE: [ CRM ]) is available here: [ www.WorldStreetFundamentals.com/Report.php?id=CRM ].

World Street has featured Lorillard Inc. for its development within the consumer goods industry. Lorillard, Inc. (Lorillard) is the manufacturer of cigarettes in the United States. Its Newport is a menthol flavored premium cigarette brand. During the year ended December 31, 2010, the Newport brand accounted for approximately 90% of its sales revenue. The entire report on Lorillard Inc. (NYSE: [ LO ]) is available here: [ www.WorldStreetFundamentals.com/Report.php?id=LO ].

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.