Europe Situation Forecasts Change - Report Highlights Freeport-McMoRan Copper & Gold Inc. and International Business Machines Corp.

Monday, November 14, 2011 9:01 AM

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NEW YORK, NY -- (Marketwire) -- 11/14/11 -- Today, www.BrightonMarkets.com announced new reports highlighting Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and International Business Machines Corp. (NYSE: IBM). Gain market insight with full analysis and research downloads available at www.BrightonMarkets.com/index.php?coa=FCX&cob=IBM.

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 Freeport-McMoRan Copper & Gold Inc. for its current position within the basic materials industry. Freeport-McMoRan Copper & Gold Inc. (FCX) is a copper, gold and molybdenum mining company. Its portfolio of assets includes the Grasberg minerals district in Indonesia, mining operations in North and South America, and the Tenke Fungurume (Tenke) minerals district in the Democratic Republic of Congo (DRC). The full research report on Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) is available here: www.BrightonMarkets.com/index.php?coa=FCX.

Brighton Markets has released research on International Business Machines Corp. for its changing role within the technology industry. International Business Machines Corporation (IBM) is an information technology (IT) company. The Company operates under five segments: Global Technology Services (GTS), Global Business Services (GBS), Software, Systems and Technology, and Global Financing. GTS primarily provides IT infrastructure services and business process services. The full research report on International Business Machines Corp. (NYSE: IBM) is available here: www.BrightonMarkets.com/index.php?cob=IBM.

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:

Jean Barnes
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www.BrightonMarkets.com

(Source: Market Wire )
(Source: Quotemedia)

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