S&P 500 Index Reaches Four Month High -- Fossil Soars on Strong Earnings

August 9, 2012

NEW YORK, NY--(Marketwire -08/09/12)- A string of better-than-estimated earnings and increased speculation that will take stimulus measures if needed to boost economies have sent the S&P 500 Index to a high not seen since April. The S&P 500 Index reached 1407.14 on Tuesday, and has rallied approximately 11 percent for the year. Five Star Equities examines the outlook for companies in the S&P 500 Index and provides equity research on Fossil, Inc. (FOSL) and Mattel, Inc. (MAT).

Access to the full company reports can be found at:

www.FiveStarEquities.com/FOSL
www.FiveStarEquities.com/MAT

Data collected from Bloomberg have shown that of the S&P 500 companies who have reported second-quarter earnings 72 percent of them have topped estimates. Comments made last week from European Central Bank President Mario Draghi helped eased concerns regarding the regions debt crisis. Draghi commented that the central bank could start buying government bonds of indebted countries if need be.

"The fear of things collapsing is going away," said Tom Wirth, senior investment officer for Chemung Canal Trust Co. "The recession, which everyone was concerned about a month ago, is not going to happen. There's a perception that the ECB is willing to buy bonds if needed."

Five Star Equities releases regular market updates on the S&P 500 Index so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.

Fossil is a global design, marketing and distribution company that specializes in consumer fashion accessories. Shares of the company soared over 30 percent after the company reported second quarter results that topped analysts' expectations. For the second quarter of 2012 Fossil reported net sales were $636.1 million, a 14.3 percent increase over second quarter 2011.

Mattel is the worldwide leader in the design, manufacture and marketing of toys and family products. For the second quarter of 2012 the company reported net income of $96.2 million, or $0.28 per share, compared to 2011 second quarter net income of $80.5 million, or $0.23 per share. Shares of Mattel are up over 25 percent for the year.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.FiveStarEquities.com/disclaimer