SOURCE: World Street Fundamentals

October 31, 2011 09:00 ET

A Turn in Tide, Europe's New Deal - Research Report on Sify Technologies Limited and Itron, Inc.

HONG KONG--(Marketwire - Oct 31, 2011) - Today, released its industry report highlighting Sify Technologies Limited (NASDAQ: SIFY) and Itron, Inc. (NASDAQ: ITRI). 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 Sify Technologies Limited for its current position within the technology industry. Sify Technologies Limited (Sify) is an integrated Internet, network and electronic commerce services companies in India, offering end-to-end solutions with a range of services delivered over a common Internet backbone infrastructure. The entire report on Sify Technologies Limited (NASDAQ: SIFY) is available here:

World Street has featured Itron, Inc. for its development within the technology industry. Itron, Inc. (Itron) is a technology company, offering end-to-end smart metering solutions to electric, natural gas, and water utilities around the world. The Company's metering solutions, meter data management software, and knowledge application solutions bring additional value to a utility's metering and grid systems. The entire report on Itron, Inc. (NASDAQ: ITRI) is available here:

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