What's Ahead: Today's Economic Outlook - Equity Research on Sanderson Farms, Inc. and ConAgra Foods, Inc.
October 17 2011 - 9:00AM
Marketwired
Today, www.EquityMarketsInc.com announced its research report
highlighting Sanderson Farms, Inc. (NASDAQ: SAFM) and ConAgra
Foods, Inc. (NYSE: CAG). Full content and research is available at
www.EquityMarketsInc.com/research.php?id=SAFM+CAG.
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 Sanderson Farms, Inc. for its
current position within the consumer goods industry. Sanderson
Farms, Inc. is a poultry processing company engaged in the
production, processing, marketing and distribution of fresh and
frozen chicken products. In addition, the Company is engaged in the
processing, marketing and distribution of prepared chicken through
its wholly owned subsidiary, Sanderson Farms, Inc. (Foods
Division). The full research report on Sanderson Farms, Inc.
(NASDAQ: SAFM) is available here:
www.EquityMarketsInc.com/research.php?id=SAFM.
Equity Markets has reviewed ConAgra Foods, Inc. for its
development within the consumer goods industry. ConAgra Foods, Inc.
(ConAgra Foods) is a food company. The Company operates in two
segments: Consumer Foods and Commercial Foods. The Company's brands
include Banquet, Chef Boyardee, David Seeds, Egg Beaters, Healthy
Choice, Hebrew National, Pam and Snack Pack. On June 28, 2010,
ConAgra Foods acquired American Pie, LLC. The full research report
on ConAgra Foods, Inc. (NYSE: CAG) is available here:
www.EquityMarketsInc.com/research.php?id=CAG.
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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