What's Ahead: Today's Economic Outlook - Equity Research on Human Genome Sciences and Pharmaceutical Product Development, Inc.
October 20 2011 - 9:00AM
Marketwired
Today, www.EquityMarketsInc.com announced its research report
highlighting Human Genome Sciences (NASDAQ: HGSI) and
Pharmaceutical Product Development, Inc. (NASDAQ: PPDI). Full
content and research is available at
www.EquityMarketsInc.com/research.php?id=HGSI+PPDI.
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.
Equity Markets has reviewed Human Genome Sciences for its
current position within the healthcare industry. Human Genome
Sciences, Inc. (HGS) is a biopharmaceutical company. The Company's
products are BENLYSTA (belimumab) for systemic lupus erythematosus
(SLE) and raxibacumab for inhalation anthrax. GlaxoSmithKline (GSK)
is a HGS partner in the co-development and commercialization of
BENLYSTA. The full research report on Human Genome Sciences
(NASDAQ: HGSI) is available here:
www.EquityMarketsInc.com/research.php?id=HGSI.
Equity Markets has reviewed Pharmaceutical Product Development,
Inc. for its development within the healthcare industry.
Pharmaceutical Product Development, Inc. (PPD) is a global contract
research organization providing drug discovery, development and
lifecycle management services. The Company's clients and partners
include pharmaceutical, biotechnology, medical device, academic,
non-profit and government organizations. The full research report
on Pharmaceutical Product Development, Inc. (NASDAQ: PPDI) is
available here: www.EquityMarketsInc.com/research.php?id=PPDI.
About Equity Markets Our mission at Equity Markets is to be the
best source of content and research, while educating, enlightening
and informing investors. Equity Markets combines street smart
analysts and professional market researchers to provide investors
with detailed company profiles and market coverage.
Contact: Samuel Littman Email Contact
www.EquityMarketsInc.com
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