SOURCE: Brighton Markets

February 13, 2012 09:00 ET

2012 Economic Outlook -- Report Highlights Hess Corp. and Colfax Corporation

HONG KONG--(Marketwire - Feb 13, 2012) - Today, www.BrightonMarkets.com announced new reports highlighting Hess Corp. (NYSE: HES) and Colfax Corporation (NYSE: CFX). Gain market insight with full analysis and research downloads available at www.BrightonMarkets.com/index.php?coa=HES&cob=CFX.

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.

Brighton Markets is releasing new coverage on Hess Corp. for its current position within the basic materials industry. Hess Corporation (Hess) is a global integrated energy company that operates in two segments: Exploration and Production (E&P), and Marketing and Refining (M&R). The E&P segment explores for, develops, produces, purchases, transports and sells crude oil and natural gas. The full research report on Hess Corp. (NYSE: HES) is available here: www.BrightonMarkets.com/index.php?coa=HES.

Brighton Markets has released research on Colfax Corporation for its changing role within the industrial goods industry. Colfax Corporation (Colfax) is a global supplier of a range of fluid handling products, including pumps, fluid handling systems and controls and specialty valves. The Company is a manufacturer of rotary positive displacement pumps, which include screw pumps, gear pumps and progressive cavity pumps. The full research report on Colfax Corporation (NYSE: CFX) is available here: www.BrightonMarkets.com/index.php?cob=CFX.

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