HONG KONG -- (Marketwire) -- 02/20/12 -- This morning, www.MarketFoundations.com announced new reports highlighting Tesco Corporation (USA) (NASDAQ: TESO) and Baker Hughes Incorporated (NYSE: BHI). Free research downloads are available at www.MarketFoundations.com/index.php?coa=TESO&cob=BHI.
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 experience 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.
Market Foundations is releasing new coverage on Tesco Corporation (USA) for its current position within the basic materials industry. Tesco Corporation (TESCO) is engaged in the designing, manufacturing and service delivery of technology-based solutions for the upstream energy industry. The Company's product and service offerings include mainly of equipment sales and services to drilling contractors and oil and gas operating companies worldwide. The full research report on Tesco Corporation (USA) (NASDAQ: TESO) is available here: www.MarketFoundations.com/index.php?coa=TESO.
Market Foundations has released research on Baker Hughes Incorporated for its changing role within the basic materials industry. Baker Hughes Incorporated (Baker Hughes) is engaged in the oilfield services industry. Baker Hughes is a supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The Company also provides industrial and other products and services to the downstream refining, and process and pipeline industries. The full research report on Baker Hughes Incorporated (NYSE: BHI) is available here: www.MarketFoundations.com/index.php?cob=BHI.
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