SOURCE: World Street Fundamentals

October 31, 2011 09:00 ET

A Turn in Tide, Europe's New Deal - Research Report on AXT, Inc. and B&G Foods, Inc.

HONG KONG--(Marketwire - Oct 31, 2011) - Today, released its industry report highlighting AXT, Inc. (NASDAQ: AXTI) and B&G Foods, Inc. (NYSE: BGS). Full fundamental and technical analysis 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.

World Street Fundamentals has highlighted AXT, Inc. for its current position within the technology industry. AXT, Inc. (AXT) is a developer and producer of compound and single element semiconductor substrates, including substrates made from gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge). It manufactures its semiconductor substrates using the vertical gradient freeze (VGF) technology. AXT manufactures its products in the People's Republic of China (PRC). The entire report on AXT, Inc. (NASDAQ: AXTI) is available here:

World Street has featured B&G Foods, Inc. for its development within the consumer goods industry. B&G Foods, Inc. (B&G Foods) manufactures, sells and distributes a diverse portfolio of branded shelf-stable food products. The entire report on B&G Foods, Inc. (NYSE: BGS) is available here:

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