SOURCE: Brighton Markets

November 09, 2011 09:00 ET

Europe Situation Forecasts Change - Report Highlights Sirius XM Radio Inc. and Level 3 Communications, Inc.

NEW YORK, NY--(Marketwire - Nov 9, 2011) - Today, announced new reports highlighting Sirius XM Radio Inc. (NASDAQ: SIRI) and Level 3 Communications, Inc. (NYSE: LVLT). 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 Sirius XM Radio Inc. for its current position within the services industry. Sirius XM Radio Inc. is engaged in broadcasting the Company's music, sports, news, talk, entertainment, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. The full research report on Sirius XM Radio Inc. (NASDAQ: SIRI) is available here:

Brighton Markets has released research on Level 3 Communications, Inc. for its changing role within the technology industry. Level 3 Communications, Inc. (Level 3) is engaged in the communications business. Level 3 is a facilities-based provider of a range of integrated communications services. It offers a range of communications services, which include network and Internet services, colocation service, media services and voice services. Its segments include communications and coal mining. The full research report on Level 3 Communications, Inc. (NYSE: LVLT) is available here:

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