Technical Analysis on Agilent Technologies Inc. and Garmin Ltd. - Scientific and Technical Instruments Mixed
October 30, 2012 09:14 ET
Technical Analysis on Agilent Technologies Inc. and Garmin Ltd. - Scientific and Technical Instruments Mixed
NEW YORK, NY--(Marketwire - Oct 30, 2012) - For companies in the scientific and technical instruments industry, such as Agilent Technologies Inc. and Garmin Ltd., the extent to which the current economic volatility is challenging them depends much on the focus of their products. StBulls.com has initiated technical analysis on Agilent Technologies Inc. (
[ http://www.stbulls.com/registration.php ]
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Companies furnishing the U.S. aerospace and defense market have been seeing a decline in spending and are scheduled to face a $5 billion outlays cut in the U.S. defense budget next year. This was damaging to Agilent in its third quarter and prompted it to forecast fourth quarter adjusted earnings in the range 0f $0.80 to $0.82, a disappointment to Wall Street. Agilent is scheduled to host its fourth quarter earnings conference call on November 19th so it will be interesting to see how it has fared in this difficult environment. Read our technical analysis on Agilent Technologies Inc. by clicking on
[ http://www.stbulls.com/AgilentTechnologiesInc30102012.pdf ]
Elsewhere in the industry, the global leader in satellite navigation Garmin International has announced that it will report its third quarter financials on October 31st. With continued volatility in Europe, emerging markets are increasingly important for the company's growth potential. Garmin's Garmin Corporation recently enhanced its appeal in India as it launched voice guidance in five new Indian languages Kannada, Tamil, Punjabi, Telugu & Malayalam on many of its devices. Investors looking for technical analysis on Garmin Ltd. are encouraged to use the link below
[ http://www.stbulls.com/GarminLtd102012.pdf ]
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