HONG KONG -- (Marketwire) -- 06/18/12 -- This morning, www.MarketFoundations.com announced new reports highlighting Plains Exploration & Production Company (NYSE: PXP) and Manulife Financial Corporation (USA) (NYSE: MFC). Free research downloads are available at www.MarketFoundations.com/index.php?coa=PXP&cob=MFC.
With markets in correction mode, investors are looking to quantify an accurate model, weighing positives and negatives of the months ahead. Upcoming negative pressures include China's slowdown, the European recession, the end of the Fed's Operation Twist stimulus program, continued geopolitical risks, election uncertainty, and potential 2013 budget bombshell of tax hikes and spending cuts. Meanwhile, positive offsets are driven by central banks (particularly China) cutting rather than hiking rates, deceleration in fuel and food prices, increase in consumer sentiment and resulting retail sales, signs of improvement in housing sales and new strength in auto production schedules.
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 Plains Exploration & Production Company for its current position within the basic materials industry. Plains Exploration & Production Company (PXP) is an independent energy company engaged in the upstream oil and gas business. The upstream business acquires, develops, explores for and produces oil and gas. Its upstream activities are located in the United States. The full research report on Plains Exploration & Production Company (NYSE: PXP) is available here: www.MarketFoundations.com/index.php?coa=PXP.
Market Foundations has released research on Manulife Financial Corporation (USA) for its changing role within the financial industry. Manulife Financial Corporation (MFC) is a Canada-based financial services group with principal operations in Asia, Canada and the United States. MFC is a life insurance company and the holding company of The Manufacturers Life Insurance Company (MLI) and John Hancock Reassurance Company Ltd. (JHRECO). The full research report on Manulife Financial Corporation (USA) (NYSE: MFC) is available here: www.MarketFoundations.com/index.php?cob=MFC.
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