SOURCE: Brighton Markets

February 14, 2012 09:00 ET

2012 Economic Outlook - Report Highlights Cobalt International Energy, Inc. and Calpine Corporation

HONG KONG--(Marketwire - Feb 14, 2012) - Today, www.BrightonMarkets.com announced new reports highlighting Cobalt International Energy, Inc. (NYSE: CIE) and Calpine Corporation (NYSE: CPN). Gain market insight with full analysis and research downloads available at www.BrightonMarkets.com/index.php?coa=CIE&cob=CPN.

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 Cobalt International Energy, Inc. for its current position within the basic materials industry. Cobalt International Energy, Inc. is an independent, oil-focused exploration and production company with a salt prospect inventory in the deepwater of the United States Gulf of Mexico and offshore Angola and Gabon in West Africa. The full research report on Cobalt International Energy, Inc. (NYSE: CIE) is available here: www.BrightonMarkets.com/index.php?coa=CIE.

Brighton Markets has released research on Calpine Corporation for its changing role within the utilities industry. Calpine Corporation (Calpine) is an independent wholesale power company in the United States. Calpine owns and operates primarily natural gas-fired and geothermal power plants in North America. The full research report on Calpine Corporation (NYSE: CPN) is available here: www.BrightonMarkets.com/index.php?cob=CPN.

About Brighton Markets
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