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Published in House and Home on Friday, October 14th 2011 at 6:07 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
October 14, 2011 09:00 ET
Analyst View, Impact of Global Events - Research Report on Flowers Foods, Inc. and Valero Energy Corporation
HONG KONG--(Marketwire - Oct 14, 2011) - Today, [ www.WorldStreetFundamentals.com ] released its industry report highlighting Flowers Foods, 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 Flowers Foods, Inc. for its current position within the consumer goods industry. Flowers Foods, Inc. is a producer and marketer of bakery products in the United States. It has two segments: direct-store-delivery (DSD) and warehouse delivery. The entire report on Flowers Foods, Inc. (
World Street has featured Valero Energy Corporation for its development within the basic materials industry. Valero Energy Corporation (Valero), incorporated in 1981, is a North America's independent petroleum refiner and marketer. As of December 31, 2010, it owned 14 petroleum refineries, which were located in the United States, Canada and Aruba. The entire report on Valero Energy Corporation (
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