SOURCE: Brighton Markets

November 14, 2011 09:00 ET

Europe Situation Forecasts Change - Report Highlights Exxon Mobil Corporation and Chevron Corporation

NEW YORK, NY--(Marketwire - Nov 14, 2011) - Today, www.BrightonMarkets.com announced new reports highlighting Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX). Gain market insight with full analysis and research downloads available at www.BrightonMarkets.com/index.php?coa=XOM&cob=CVX.

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. Private bondholders of Greek debt are settling at a 50% haircut as another $180 billion in fresh aid is set to arrive, enabling banks to 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.

Brighton Markets is releasing new coverage on Exxon Mobil Corporation for its current position within the basic materials industry. Exxon Mobil Corporation (Exxon Mobil) is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products. It also has interests in electric power generation facilities. The full research report on Exxon Mobil Corporation (NYSE: XOM) is available here: www.BrightonMarkets.com/index.php?coa=XOM.

Brighton Markets has released research on Chevron Corporation for its changing role within the basic materials industry. Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in petroleum operations, chemicals operations, mining operations, power generation and energy services. The full research report on Chevron Corporation (NYSE: CVX) is available here: www.BrightonMarkets.com/index.php?cob=CVX.

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