SOURCE: Equity News Circuit

Equity News Circuit

May 23, 2013 08:45 ET

Free Research Reports on AFOP, BMY, LO and ZLC 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 23, 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.

Alliance Fiber Optic Products Inc. (NASDAQ: AFOP) shares spiked 9.31 percent on volume of over 300,000 shares traded Wednesday to close at $19.02. The company expects net sales to be above $16 million for the second quarter of 2013, an increase from their previous guidance of $14 million.

Find out more about Alliance Fiber Optic Products including full access to the free equity report at: www.BedfordReport.com/AFOP

Bristol Myers Squibb Co. (NYSE: BMY) shares gained 5.31 percent on volume of 25.34 million shares traded Wednesday to close at $46.40. Citigroup has recently upgraded the company's rating to "buy" from "neutral" and has raised its price target to $55.00. Shares of Bristol Myers Squibb have gained approximately 42 percent year-to-date.

Find out more about Bristol Myers Squibb including full access to the free equity report at: www.BedfordReport.com/BMY

Lorillard Inc. (NYSE: LO) shares have gained approximately 12.0 percent year-to-date. The company currently offers investors an annual dividend of $2.20 per share for a dividend yield of roughly 5.05 percent. The company has recently announced an additional $500 million in share repurchases to its buyback program.

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

Zale Corporation (NYSE: ZLC) shares surged 22.22 percent on volume of 6.87 million shares traded Wednesday to close at $6.60. The company reported net earnings of $5 million, or $0.13 per diluted share, for the fiscal third quarter, compared to a loss of $5 million in the year ago quarter.

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

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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