HONG KONG--(Marketwire -02/24/12)- This morning, www.MarketFoundations.com announced new reports highlighting Flotek Industries, Inc. (NYSE: FTK - News) and Newpark Resources, Inc. (NYSE: NR - News). Free research downloads are available at www.MarketFoundations.com/index.php?coa=FTK&cob=NR.
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.
Market Foundations is releasing new coverage on Flotek Industries, Inc. for its current position within the basic materials industry. Flotek Industries, Inc. (Flotek) is a diversified global supplier of drilling and production related products and services. Its core focus is oilfield specialty chemicals and logistics, down-hole drilling tools and down-hole production tools used in the energy and mining industries. The full research report on Flotek Industries, Inc. (NYSE: FTK - News) is available here: www.MarketFoundations.com/index.php?coa=FTK.
Market Foundations has released research on Newpark Resources, Inc. for its changing role within the basic materials industry. Newpark Resources, Inc. (Newpark) is a diversified oil and gas industry supplier. The Company operates in three business segments: Fluids Systems and Engineering, Mats and Integrated Services and Environmental Services. The Company's Fluids Systems and Engineering business offers customized solutions, including technical drilling projects involving subsurface conditions. The full research report on Newpark Resources, Inc. (NYSE: NR - News) is available here: www.MarketFoundations.com/index.php?cob=NR.
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