In Focus: Today's Trading Outlook - Featured Research on eBay Inc. and Global Industries, Ltd.
NEW YORK, NY -- (Marketwire) -- 11/08/11 -- In today's issue, www.BollingerReport.com has featured eBay Inc. (NASDAQ: EBAY) and Global Industries, Ltd. (NASDAQ: GLBL). Traders and investors may download analysis, 100% free of charge, at www.BollingerReport.com/Index.php?sm1=EBAY&sm2=GLBL.
With the European Financial Stability Facility set to increase to $1.4 trillion, it marks a significant move forward to strengthen the safety net in place for Europe's most troubled countries. $180 billion in fresh aid is planned to go directly to Greece, with private bondholders of Greek debt settling at a 50% haircut, banks can recapitalize at a healthy 9% reserve. Overall, these measures will bring Greece's debt burden down to 120% of GDP by 2020.
An important consideration is political commitment to this road map. 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.
Bollinger Report selected eBay Inc. for its current position within the services industry. eBay Inc. (eBay) bring together buyers and sellers every day on a local, national and international basis through a range of Websites. It provides online marketplaces for the sale of goods and services, as well as other online commerce, or ecommerce, platforms and online payment solutions to a diverse community of individuals and businesses. A full download of our research on eBay Inc. (NASDAQ: EBAY) is available here: www.BollingerReport.com/Index.php?sm=EBAY.
Bollinger Report also chose to cover Global Industries, Ltd. for its development within the basic materials industry. Global Industries, Ltd. provides construction and subsea services including pipeline construction, platform installation and removal, construction support, diving services, diverless intervention, and marine support services to the offshore oil and gas industry primarily in selected international areas and the United States Gulf of Mexico. For free access to our report on Global Industries, Ltd. (NASDAQ: GLBL) interested readers may visit: www.BollingerReport.com/Index.php?sm=GLBL.
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