SOURCE: Equity News Circuit

Equity News Circuit

November 05, 2012 08:15 ET

Free Research Reports on BBY, LSI, MM and TLAB Issued by the Bedford Report

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

NEW YORK, NY--(Marketwire - Nov 5, 2012) - 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.

Best Buy Co., Inc. (NYSE: BBY) shares of the struggling retailer have fallen over 10 percent in the last week. The company recently lowered its full-year guidance and announced two key executives were leaving. Raymond James analyst Dan Weaver has kept a "market perform" rating on the company as there still is a small possibility of a buyout.

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

LSI Corporation (NYSE: LSI) shares surged on nearly 40 million shares traded last Thursday despite reporting third quarter revenue and fourth quarter outlook that was below Wall Street estimates. For the third quarter the company reported a 35 percent increase in net income.

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

Millennial Media, Inc. (NYSE: MM) shares of the mobile advertising company have rebounded nearly 15 percent in the last month. Opportunities within the mobile ad market will look to grow as eMarketer estimates spending on mobile ads in the U.S. will rise to nearly $12 billion by 2016.

Find out more about Millennial Media including full access to the free equity report at: www.BedfordReport.com/MM

Tellabs, Inc. (NASDAQ: TLAB) fell sharply on nearly four times the average daily volume despite reporting losses narrowed in the third quarter. Due to a "challenging economic and industry environment" the company issued a downbeat fourth quarter outlook and unveiled further job cuts.

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

Disclaimer: Equity News Circuit is not a registered investment advisor, and nothing in this report is intended as a solicitation to buy or sell any security. A third party, bedfordreport.com, has paid Equity News Circuit four hundred and fifty dollars for the publication of this news release. Neither Equity News Circuit, nor the hiring party, have a financial relationship with any company whose stock is mentioned in this release.

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