2012 Economic Outlook - Report Highlights Telefonica Brasil SA (ADR) and Parker-Hannifin Corporation

   Today, www.BrightonMarkets.com announced new reports highlighting Telefonica Brasil SA (ADR) (NYSE: VIV) and Parker-Hannifin Corporation (NYSE: PH). Gain market insight with full analysis and research downloads available at www.BrightonMarkets.com/index.php?coa=VIV&cob=PH.

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 Telefonica Brasil SA (ADR) for its current position within the technology industry. Telefonica Brasil SA (formerly known as Telecomunicacoes de Sao Paulo SA - Telesp) is a Brazil-based company active in the telecommunications services sector. The Company and its subsidiaries provide fixed-line telecommunication services in the State of Sao Paulo and mobile telephony across Brazil. The full research report on Telefonica Brasil SA (ADR) (NYSE: VIV) is available here: www.BrightonMarkets.com/index.php?coa=VIV.

Brighton Markets has released research on Parker-Hannifin Corporation for its changing role within the industrial goods industry. Parker-Hannifin Corporation (Parker) is a full-line diversified manufacturer of motion and control technologies and systems, including fluid power systems, electromechanical controls and related components. The full research report on Parker-Hannifin Corporation (NYSE: PH) is available here: www.BrightonMarkets.com/index.php?cob=PH.

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