SOURCE: Equity Markets Inc.

November 07, 2011 09:00 ET

Professional Outlook, Will EU's Deal Hold the Markets? - Equity Research on Skullcandy Inc and Harman International Industries Inc./DE/

MACAU--(Marketwire - Nov 7, 2011) - Today, announced its research report highlighting Skullcandy Inc (NASDAQ: SKUL) and Harman International Industries Inc./DE/ (NYSE: HAR). Full content and research is available at

Markets are starting to step in the right direction, with the European Financial Stability Facility (EFSF) increasing from $600 billion to $1.4 trillion, a significant move to strengthen the safety net in place for Europe's most troubled countries.

It is likely China and the IMF will contribute to the bailout fund, with Greece alone receiving $180 billion in fresh aid. The remainder of Greece's obligations were halved in the process, with private bondholders of Greek debt settling at 50% -- allowing banks to recapitalize at a healthy 9% reserve and bring Greece's debt burden down to 120% of GDP by 2020.

An important consideration is political commitment to this road map and probability of ongoing support for European Central Bank (ECB)'s recent deal. Currently the global community appears to be on point with ECB's initiative, an outlook that should be sufficient to support markets around current levels.

Equity Markets has reviewed Skullcandy Inc for its current position within the industrial goods industry. Skullcandy, Inc. develops and distributes headphones and other audio accessories to retailers throughout the United States and to distributors in various countries worldwide. The Company is an audio brand that reflects the collision of the music, fashion and action sports lifestyles. The full research report on Skullcandy Inc (NASDAQ: SKUL) is available here:

Equity Markets has reviewed Harman International Industries Inc./DE/ for its development within the consumer goods industry. Harman International Industries, Incorporated (Harman International) is engaged in the developing, manufacturing and marketing of audio products and electronic systems. The full research report on Harman International Industries Inc./DE/ (NYSE: HAR) is available here:

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