Science & Technology
Science and Technology
Science and Technology 
Mon, October 17, 2011
Analyst View, Impact of Global Events - Research Report on Axcelis Technologies, Inc. and Nuance Communications Inc.
October 17, 2011 09:00 ET
Analyst View, Impact of Global Events - Research Report on Axcelis Technologies, Inc. and Nuance Communications Inc.
HONG KONG--(Marketwire - Oct 17, 2011) - Today, [ www.WorldStreetFundamentals.com ] released its industry report highlighting Axcelis Technologies, 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 Axcelis Technologies, Inc. for its current position within the technology industry. Axcelis Technologies, Inc. (Axcelis) designs, manufactures and services ion implantation, dry strip and other processing equipment used in the fabrication of semiconductor chips. In addition to equipment, the Company provides aftermarket service and support, including spare parts, equipment upgrades, maintenance services and customer training. The entire report on Axcelis Technologies, Inc. (
World Street has featured Nuance Communications Inc. for its development within the technology industry. Nuance Communications, Inc. is a provider of voice and language solutions for businesses and consumers around the world. The Company's solutions are offered in four markets: Healthcare, Mobile and Consumer, Enterprise and Imaging. The entire report on Nuance Communications Inc. (
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