NEW YORK, NY -- (Marketwired) -- 04/17/13 -- 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.
W.W. Grainger, Inc. (NYSE: GWW) shares surged 7.17 percent on nearly four times the average daily volume Tuesday to close at $241.88 a share. The company reported a profit of $211.8 million, or $2.94 a share, for the first quarter of 2013, an increase of 13 percent when compared to a year ago.
Find out more about W.W. Grainger including full access to the free equity report at: www.BedfordReport.com/GWW
International Paper Company (NYSE: IP) shares increased 4.70 percent on volume of 4.42 million shares traded to close at $47.47 a share. Macquarie has recently initiated coverage on paper and packaging firms with a bullish view, citing "markedly improved industry fundamentals."
Find out more about International Paper Company including full access to the free equity report at: www.BedfordReport.com/IP
KB Home (NYSE: KBH) shares jumped 1.55 percent on volume of 3.93 million shares traded Tuesday to close at $21.02 a share. Shares of homebuilders received a boost Tuesday after the Commerce Department reported construction of new homes increased 7 percent to a seasonally adjusted annual rate of 1.04 million, surpassing analysts' expectations of a 1.7 percent increase.
Find out more about KB Home including full access to the free equity report at: www.BedfordReport.com/KBH
Keynote Systems, Inc. (NASDAQ: KEYN) shares declined 11.99 percent on volume of nearly 600,000 shares traded to close at $11.45 a share. The company announced revenues for the fiscal second quarter are expected to be in the range of $28.5 million to $29.5 million, down from their previous guidance of $30.0 million to $32.0 million.
Find out more about Keynote Systems including full access to the free equity report at: www.BedfordReport.com/KEYN
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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