SOURCE: World Street Fundamentals

November 04, 2011 09:00 ET

A Turn in Tide, Europe's New Deal - Research Report on Zep, Inc. and Tellabs, Inc.

HONG KONG--(Marketwire - Nov 4, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Zep, Inc. (NYSE: ZEP) and Tellabs, Inc. (NASDAQ: TLAB). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php?id=ZEP+TLAB.

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 Zep, Inc. for its current position within the consumer goods industry. Zep Inc., incorporated in 2007, is a provider of cleaning and maintenance chemicals and related products and services. The entire report on Zep, Inc. (NYSE: ZEP) is available here: www.WorldStreetFundamentals.com/Report.php?id=ZEP.

World Street has featured Tellabs, Inc. for its development within the technology industry. Tellabs, Inc. is engaged in designing and marketing equipment and services to communications services providers. The Company's products and services enable its customers to deliver wireline and wireless voice, data and video services to business and residential customers. The entire report on Tellabs, Inc. (NASDAQ: TLAB) is available here: www.WorldStreetFundamentals.com/Report.php?id=TLAB.

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