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Share Name | Share Symbol | Market | Type |
---|---|---|---|
(MM) | NASDAQ:TRAK | NASDAQ | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 63.16 | 0.00 | 01:00:00 |
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 DealerTrack Holdings, Inc. for its current position within the technology industry. DealerTrack Holdings, Inc. (DealerTrack) is a holding company. The Company provides software solutions to automotive retail industry, including dealers, lenders, original equipment manufacturers (OEMs) and agents. Its dealer management system (DMS) provides dealers with tools and real-time data access, which streamline automotive business. The entire report on DealerTrack Holdings, Inc. (NASDAQ: TRAK) is available here: www.WorldStreetFundamentals.com/Report.php?id=TRAK.
World Street has featured SBA Communications Corporation for its development within the services industry. SBA Communications Corporation (SBA) is a holding company that has no operations of its own. SBA conducts all of its business operations through SBA Telecommunications, Inc. (Telecommunications), in which it holds an outstanding capital stock. Telecommunications owns interests in SBA Senior Finance, Inc. (SBA Senior Finance) and its international entities. The entire report on SBA Communications Corporation (NASDAQ: SBAC) is available here: www.WorldStreetFundamentals.com/Report.php?id=SBAC.
About World Street World Street Fundamentals is an online portal for professionals, investors and new-comers to the markets to find in depth comprehensive research and research tools to help guide you through the ever changing financial markets.
Contact: Adam Redford Email Contact www.WorldStreetFundamentals.com
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