NEW YORK, NY -- (Marketwire) -- 01/23/13 -- The Bedford Report has released new equity reports today. As a leading provider of free in depth reports and timely market updates, Bedford is an essential resource for hundreds of thousands of investors across the country.
Kansas City Southern (NYSE: KSU) despite posting a 4.1 percent drop in fourth quarter profits, shares of the railroad company surged 4.5 percent on nearly double the average daily volume Tuesday. The company reported revenues of $568.4 million in the fourth quarter, which topped analysts' estimates of $563.7 according to FactSet.
Find out more about Kansas City Southern including full access to the free equity report at: www.BedfordReport.com/KSU
Matrix Service Co. (NASDAQ: MTRX) shares soared over 13 percent on more than three-times the average daily volume Tuesday. Analysts at Stephens have recently upgraded the company's rating to "overweight" from "equalweight" and price target to $18 from $12.
Find out more about Matrix Service including full access to the free equity report at: www.BedfordReport.com/MTRX
National Fuel Gas Co. (NYSE: NFG) shares surged 5 percent on nearly 1 million shares traded Tuesday after reporting results from six recently completed Marcellus Shale wells. The six wells had 24-hour peak production rates averaging 17.8 million cubic feet of natural gas per day.
Find out more about National Fuel Gas Co. including full access to the free equity report at: www.BedfordReport.com/NFG
OM Group, Inc. (NYSE: OMG) shares surged 11 percent on over 2.8 million shares traded Tuesday, which was more than ten-times the average daily volume. The company has reported the signing of definitive agreements to exit its Advanced Materials business.
Find out more about OM Group including full access to the free equity report at: www.BedfordReport.com/OMG
Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein.
A third party, Providence Media Strategies LLC has paid Equity News Circuit four hundred and fifty dollars for the publication of this news release. Neither Equity News Circuit, nor the hiring party, has a financial relationship with any company whose stock is mentioned in this release. Neither Equity News Circuit nor the hiring party are a registered investment advisor, and nothing in this report is intended as a solicitation to buy or sell any security.
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