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Fri, February 24, 2012

2012 Economic Outlook - Report Highlights OmniVision Technologies, Inc. and Rackspace Hosting, Inc.


Published on 2012-02-24 06:08:50 - Market Wire
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February 24, 2012 09:00 ET

2012 Economic Outlook - Report Highlights OmniVision Technologies, Inc. and Rackspace Hosting, Inc.

HONG KONG--(Marketwire - Feb 24, 2012) - Today, [ www.BrightonMarkets.com ] announced new reports highlighting OmniVision Technologies, Inc. (NASDAQ: [ OVTI ]) and Rackspace Hosting, Inc. (NYSE: [ RAX ]). Gain market insight with full analysis and research downloads available at [ www.BrightonMarkets.com/index.php?coa=OVTI&cob=RAX ].

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experienced in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Brighton Markets is releasing new coverage on OmniVision Technologies, Inc. for its current position within the technology industry. OmniVision Technologies, Inc. (OmniVision), incorporated in May 1995, designs, develops and markets semiconductor image-sensor devices. The Company's main products, image-sensing devices, which it refers to as CameraChip image sensors, capture an image electronically and are used in a number of consumer and commercial mass-market applications. The full research report on OmniVision Technologies, Inc. (NASDAQ: [ OVTI ]) is available here: [ www.BrightonMarkets.com/index.php?coa=OVTI ].

Brighton Markets has released research on Rackspace Hosting, Inc. for its changing role within the technology industry. Rackspace Hosting, Inc. (Rackspace Hosting) operates in the hosting and cloud computing industry. Rackspace Hosting offers its products under the Fanatical Support brand. As of December 31, 2010, the Company's are sold to businesses in more than 120 countries. The full research report on Rackspace Hosting, Inc. (NYSE: [ RAX ]) is available here: [ www.BrightonMarkets.com/index.php?cob=RAX ].

About Brighton Markets
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