NEW YORK, NY -- (Marketwire) -- 03/15/13 -- 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.
Amazon.com, Inc. (NASDAQ: AMZN) shares declined 3.40 percent on volume of 5.22 million shares traded Thursday to close at $265.74 a share. J.P. Morgan analysts have recently downgraded the company's rating to "Neutral" from "overweight", noting that the company's "key business lines suggests more material deceleration in gross profit in 2013."
Find out more about Amazon.com including full access to the free equity report at: www.BedfordReport.com/AMZN
E TRADE Financial Corporation (NASDAQ: ETFC) shares declined 8.21 percent on volume of 52 million shares traded Thursday to close at $10.85 a share. E TRADE's largest shareholder, Citadel LLC, has announced it has decided to sell its 9.6 percent stake in the company.
Find out more about E TRADE Financial including full access to the free equity report at: www.BedfordReport.com/ETFC
The Men's Wearhouse, Inc. (NYSE: MW) shares surged 19.09 percent on nearly ten times the average daily volume Thursday to close at $34.62 a share. The company reported net sales for the fiscal fourth quarter totaled $608.4 million, an increase of 8.2 percent when compared to net sales of $562.2 million a year ago.
Find out more about The Men's Wearhouse including full access to the free equity report at: www.BedfordReport.com/MW
EXCO Resources Inc. (NYSE: XCO) shares spiked 9.0 percent on more than double the average daily volume Thursday. Natural gas producers received a boost from an Energy Information Administration report that showed a larger-than-expected decline in inventories.
Find out more about EXCO Resources including full access to the free equity report at: www.BedfordReport.com/XCO
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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