SOURCE: Brighton Markets

February 10, 2012 09:00 ET

2012 Economic Outlook - Report Highlights Valero Energy Corporation and United States Steel Corporation

HONG KONG--(Marketwire - Feb 10, 2012) - Today, announced new reports highlighting Valero Energy Corporation (NYSE: VLO) and United States Steel Corporation (NYSE: X). Gain market insight with full analysis and research downloads available at

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 Valero Energy Corporation for its current position within the basic materials industry. Valero Energy Corporation (Valero), incorporated in 1981, is a North America's independent petroleum refiner and marketer. As of December 31, 2010, it owned 14 petroleum refineries, which were located in the United States, Canada and Aruba. The full research report on Valero Energy Corporation (NYSE: VLO) is available here:

Brighton Markets has released research on United States Steel Corporation for its changing role within the basic materials industry. United States Steel Corporation (U. S. Steel) is an integrated steel producer of flat-rolled and tubular products with major production operations in North America and Europe. U. S. Steel has annual raw steel production capability of 31.7 million net tons (tons) (24.3 million tons in North America and 7.4 million tons in Europe). The full research report on United States Steel Corporation (NYSE: X) is available here:

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