A Turn in Tide, Europe's New Deal - Research Report on Piper Jaffray Companies and SunTrust Banks, Inc.
November 07 2011 - 9:00AM
Marketwired
Today, www.WorldStreetFundamentals.com released its industry report
highlighting Piper Jaffray Companies (NYSE: PJC) and SunTrust
Banks, Inc. (NYSE: STI). Full fundamental and technical analysis is
available at
www.WorldStreetFundamentals.com/Reports.php?id=PJC+STI.
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 Piper Jaffray
Companies for its current position within the financial industry.
Piper Jaffray Companies is an international investment bank and
institutional securities company, serving the needs of
corporations, private equity groups, public entities, non-profit
clients and institutional investors. The entire report on Piper
Jaffray Companies (NYSE: PJC) is available here:
www.WorldStreetFundamentals.com/Report.php?id=PJC.
World Street has featured SunTrust Banks, Inc. for its
development within the financial industry. SunTrust Banks, Inc.
(SunTrust ) is a commercial banking organization. The Company is a
diversified financial services holding company whose businesses
provide a range of financial services to consumer and corporate
clients. Through its principal subsidiary, SunTrust Bank, the
Company provides deposit, credit, and trust and investment
services. The entire report on SunTrust Banks, Inc. (NYSE: STI) is
available here:
www.WorldStreetFundamentals.com/Report.php?id=STI.
About World Street World Street Fundamentals is an online portal
for professionals, investors and new-comers to the markets to find
in depth comprehensive research and research tools to help guide
you through the ever changing financial markets.
Contact: Adam Redford Email Contact
www.WorldStreetFundamentals.com
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