SOURCE: World Street Fundamentals

October 05, 2011 09:00 ET

Analyst View, Impact of Global Events - Research Report on Bio-Reference Laboratories, Inc. and Quest Diagnostics Incorporated

HONG KONG--(Marketwire - Oct 5, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Bio-Reference Laboratories, Inc. (NASDAQ: BRLI) and Quest Diagnostics Incorporated (NYSE: DGX). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php?id=BRLI+DGX.

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 Bio-Reference Laboratories, Inc. for its current position within the healthcare industry. Bio-Reference Laboratories, Inc. (Bio-Reference) is engaged in providing laboratory testing services, to customers in the greater New York metropolitan area, as well as to customers in other states. The entire report on Bio-Reference Laboratories, Inc. (NASDAQ: BRLI) is available here: www.WorldStreetFundamentals.com/Report.php?id=BRLI.

World Street has featured Quest Diagnostics Incorporated for its development within the healthcare industry. Quest Diagnostics Incorporated is a provider of diagnostic testing, information and services. It offers diagnostic testing services and products to patients, physicians, payers, and others. It offers the United States patients and physicians the access to diagnostic testing services through its nationwide network of laboratories and Company owned patient service centers. The entire report on Quest Diagnostics Incorporated (NYSE: DGX) is available here: www.WorldStreetFundamentals.com/Report.php?id=DGX.

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