SOURCE: Brighton Markets

November 10, 2011 09:00 ET

Europe Situation Forecasts Change - Report Highlights Seagate Technology PLC and Broadcom Corporation

NEW YORK, NY--(Marketwire - Nov 10, 2011) - Today, announced new reports highlighting Seagate Technology PLC (NASDAQ: STX) and Broadcom Corporation (NASDAQ: BRCM). Gain market insight with full analysis and research downloads available at

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 Seagate Technology PLC for its current position within the technology industry. Seagate Technology plc (Seagate) designs, manufactures, markets and sells hard disk drives. The full research report on Seagate Technology PLC (NASDAQ: STX) is available here:

Brighton Markets has released research on Broadcom Corporation for its changing role within the technology industry. Broadcom Corporation (Broadcom) is a provider of semiconductor for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. The full research report on Broadcom Corporation (NASDAQ: BRCM) is available here:

About Brighton Markets
Brighton Markets was founded on the guiding principle of providing highly relevant, meaningful, and actionable information direct to investors. Across the investment spectrum, Brighton Markets shines light on today's events.

Contact Information