SOURCE: World Street Fundamentals

October 11, 2011 09:00 ET

Analyst View, Impact of Global Events - Research Report on Newmont Mining Corporation and Orbital Sciences Corp.

HONG KONG--(Marketwire - Oct 11, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Newmont Mining Corporation (NYSE: NEM) and Orbital Sciences Corp. (NYSE: ORB). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php?id=NEM+ORB.

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 Newmont Mining Corporation for its current position within the basic materials industry. Newmont Mining Corporation (Newmont) is a gold producer. At December 31, 2010, Newmont had gold reserves of 93.5 million ounces and an aggregate land position of approximately 27,500 square miles (71,100 square kilometers). Newmont is also engaged in the production of copper, principally through its Batu Hijau operation in Indonesia and Boddington operation in Australia. The entire report on Newmont Mining Corporation (NYSE: NEM) is available here: www.WorldStreetFundamentals.com/Report.php?id=NEM.

World Street has featured Orbital Sciences Corp. for its development within the industrial goods industry. Orbital Sciences Corporation develops and manufactures small- and medium-class rockets and space systems for commercial, military and civil government customers, including the United States Department of Defense (DoD), the National Aeronautics and Space Administration (NASA) and other United States Government agencies. The entire report on Orbital Sciences Corp. (NYSE: ORB) is available here: www.WorldStreetFundamentals.com/Report.php?id=ORB.

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