SOURCE: Equity News Circuit

Equity News Circuit

May 22, 2013 08:45 ET

Free Research Reports on AFFY, IGTE, MNRO and VRML Issued by the Bedford Report

Note to Editors: The Following Is an Investment Opinion Being Issued by the EQUITY NEWS CIRCUIT

NEW YORK, NY--(Marketwired - May 22, 2013) - 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.

Affymax, Inc. (NASDAQ: AFFY) shares surged 14.17 percent on volume of 7.12 million shares traded to close at $1.45. The company's first marketed product, OMONTYS (peginesatide) Injection, was approved by the FDA in March 2012. Shares of Affymax have fallen over 90 percent year-to-date.

Find out more about Affymax including full access to the free equity report at: www.BedfordReport.com/AFFY

iGATE Corporation (NASDAQ: IGTE) shares declined 9.63 percent on volume of 2.67 million shares traded to close at $14.82. The company announced that its Board of Directors has fired President and CEO Phaneesh Murthy, and has appointed Gerhard Watzinger as interim President and CEO.

Find out more about iGATE including full access to the free equity report at: www.BedfordReport.com/IGTE

Monro Muffler Brake Inc. (NASDAQ: MNRO) shares gained 7.19 percent on volume of $1.92 million shares traded to close at $47.28. The company reported sales were $195.9 million for the fourth quarter of fiscal 2013, an increase of 14.1 percent when compared to revenues of $171.7 million in the year ago quarter.

Find out more about Monro Muffler Brake including full access to the free equity report at: www.BedfordReport.com/MNRO

Vermillion, Inc. (NASDAQ: VRML) shares spiked 12.31 percent on more than double the average daily volume Tuesday to close at $2.92 a share. As of March 31, 2013, the company's cash and equivalents totaled $5.8 million. Shares of Vermillion have gained over 160 percent in the past month.

Find out more about Vermillion including full access to the free equity report at: www.BedfordReport.com/VRML

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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