Analyst View, Impact of Global Events - Research Report on China Mobile Ltd. (ADR) and NTT DoCoMo, Inc. (ADR)
* Reuters is not responsible for the content in this press release.
HONG KONG, Oct 04 (MARKET WIRE) -- Today, www.WorldStreetFundamentals.com released its industry report highlighting China Mobile Ltd. (ADR) (NYSE: CHL) and NTT DoCoMo, Inc. (ADR) (NYSE: DCM). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php?id=CHL+DCM. 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 China Mobile Ltd. (ADR) for its current position within the technology industry. China Mobile Limited provides a range of mobile telecommunications services in 31 provinces, autonomous regions and directly-administered municipalities in the People's Republic of China, as well as in the Hong Kong Special Administrative Region of the People's Republic of China. As of March 31, 2011, its total number of customers was approximately 600.8 million. The entire report on China Mobile Ltd. (ADR) (NYSE: CHL) is available here: www.WorldStreetFundamentals.com/Report.php?id=CHL. World Street has featured NTT DoCoMo, Inc. (ADR) for its development within the technology industry. NTT DOCOMO, INC. is a Japan-base company mainly engaged in the mobile communication business. The company operates in two business segments. The entire report on NTT DoCoMo, Inc. (ADR) (NYSE: DCM) is available here: www.WorldStreetFundamentals.com/Report.php?id=DCM. 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 firstname.lastname@example.org www.WorldStreetFundamentals.com Copyright 2011, Market Wire, All rights reserved. -0-
- Malaysia Airlines plane missing, presumed crashed in South China Sea |
- CORRECTED-UPDATE 4-Malaysia Airlines plane crashes in South China Sea with 239 people aboard - report
- China draws red line' on North Korea, says won't allow war on peninsula
- Malaysian plane crashed off Vietnam coast: state media
- No signal picked up from missing Malaysia Airlines plane-Vietnam official