NEW YORK, NY -- (Marketwire) -- 02/21/13 -- 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.
Threshold Pharmaceuticals, Inc. (NASDAQ: THLD) was among the top gainers within the Biotech Industry Wednesday. Shares of the company gained 11 percent on more than double the average daily volume to close at $4.95 a share. Piper Jaffray analyst Charles Duncan has recently upgraded the company's rating to "overweight" from "neutral".
Find out more about Threshold Pharmaceuticals including full access to the free equity report at: www.BedfordReport.com/THLD
Sirius XM Radio Inc. (NASDAQ: SIRI) shares have gained nearly 7 percent year-to-date. Earlier this month Maxim Group, who has a "buy rating" on the company, raised its price target for Sirius from $3.80 to $4.20. The company has reported its total paid subscribers base in 2012 grew to a record high 23.9 million.
Find out more about Sirius XM Radio including full access to the free equity report at: www.BedfordReport.com/SIRI
Meru Networks, Inc. (NASDAQ: MERU) shares gained 19.88 percent on 1.37 million shares traded Wednesday, which was more than seven times the average daily volume. The company on Tuesday announced changes to its Board of directors. Harold Copperman has been named Lead Director, Chuck Kissner has been named Chairman of the Nominating and Governance Committee and Barry Newman has been named Chairman of the Audit Committee.
Find out more about Meru Networks including full access to the free equity report at: www.BedfordReport.com/MERU
La-Z-Boy Incorporated (NYSE: LZB) shares gained 11.45 percent on nearly eight times the average daily volume Wednesday to close at $17.23 a share. The company reported net sales for the fiscal 2013 third quarter increased 10.3 percent year-over-year to $349.1 million.
Find out more about La-Z-Boy including full access to the free equity report at: www.BedfordReport.com/LZB
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 five hundred 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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