SOURCE: Equity News Circuit

Equity News Circuit

May 01, 2013 08:15 ET

Free Research Reports on AVP, BBY, NUAN and PBI 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 1, 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.

Avon Products, Inc. (NYSE: AVP) shares spiked 4.14 percent on volume of over 11.0 million shares traded Tuesday to close at $23.16 a share. The company reported an adjusted net income of $112 million, or $.26 per share, for the first quarter of 2013, which topped Wall Street's expectations.

Find out more about Avon Products including full access to the free equity report at: www.BedfordReport.com/AVP

Best Buy Co., Inc. (NYSE: BBY) shares surged 7.40 percent on volume of over 23.0 million shares traded Tuesday to close at $25.99 a share. The company announced it has agreed to sell its 50 percent stake in Carphone Warehouse Group PLC's Europe business back to Carphone Warehouse for approximately $775 million.

Find out more about Best Buy including full access to the free equity report at: www.BedfordReport.com/BBY

Nuance Communications Inc. (NASDAQ: NUAN) shares plunged 18.28 percent on nearly seven times the average daily volume Tuesday to close at $19.04 a share. The company reported GAAP net loss of $25.8 million, or $0.08 per share, for the fiscal second quarter, compared to a GAAP net income of $0.9 million in the year ago quarter.

Find out more about Nuance Communications including full access to the free equity report at: www.BedfordReport.com/NUAN

Pitney Bowes Inc. (NYSE: PBI) shares declined 15.62 percent on nearly eight times the average daily volume Tuesday to close at $13.67 a share. The company reported revenues declined 4.4 percent year-over-year to $1.17 billion for the first quarter of 2013. The company has also cut its quarterly dividend to $0.1875 a share.

Find out more about Pitney Bowes including full access to the free equity report at: www.BedfordReport.com/PBI

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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