NEW YORK, NY -- (Marketwired) -- 04/23/13 -- 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.
Elan Corporation, plc (NYSE: ELN) shares traded in the range of $11.95 to $12.34 a share Monday before settling to close at $12.02. The company has announced that it has rejected $11.25 per share bid from Royalty Pharma. Royalty last week reduced its bid from $12 per share to $11.25.
Find out more about Elan including full access to the free equity report at: www.BedfordReport.com/ELN
Kimberly Clark Corp. (NYSE: KMB) shares hit a new all-time high of $105.89 last Friday after reporting strong quarterly results. The company reported an operating profit of $783 million for the first quarter of 2013, an increase of 12 percent when compared to an operating profit of $700 million a year ago.
Find out more about Kimberly Clark including full access to the free equity report at: www.BedfordReport.com/KMB
Mondelez International Inc. (NASDAQ: MDLZ) shares hit a new all-time high of $31.80 a share Friday, and are up approximately 24 percent year-to-date. According to a regulatory filing, activist investor Nelson Peltz has taken a $1.3 billion stake in the company.
Find out more about Mondelez International including full access to the free equity report at: www.BedfordReport.com/MDLZ
Meredith Corporation (NYSE: MDP) shares gained 3.91 percent on volume of nearly 800,000 shares traded Monday to close at $38.29 a share. Deutsche Bank Securities analyst Greg Poole has recently reiterated a "hold" rating on the company and has increased the price target to $37.00 a share.
Find out more about Meredith including full access to the free equity report at: www.BedfordReport.com/MDP
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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