SOURCE: Equity News Circuit

Equity News Circuit

May 01, 2013 08:15 ET

Free Research Reports on CMI, HTWR, MTOR and NEM 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.

Cummins Inc. (NYSE: CMI) shares declined 6.06 percent on volume of nearly 6.0 million shares traded Tuesday to close at $106.39 a share. The company reported a net income of $282 million, or $1.49 per diluted share, for the first quarter of 2013, a decrease of approximately 38 percent when compared to a year ago.

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

HeartWare International Inc. (NASDAQ: HTWR) shares surged 13.79 percent on volume of 1.79 million shares traded Tuesday to close at $97.20 a share. The company reported revenues of $49.2 million for the first quarter of 2013, an increase of 87 percent when compared to revenues of $26.4 million in the year ago quarter.

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

Meritor Inc. (NYSE: MTOR) shares spiked 22.11 percent on volume of nearly 10.0 million shares traded Tuesday to close at $5.80 a share. The company announced that it has agreed to sell its 50 percent stake in Sistemas Automotivos LTDA to joint venture partner Randon S.A. Implementos E Participacoes for approximately $195 million.

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

Newmont Mining Corp. (NYSE: NEM) shares declined 4.62 percent on volume of 17.5 million shares traded Tuesday to close at $32.40 a share. The gold producer reported first quarter results that fell short of analysts' expectations as gold production in the quarter declined 11 percent year-over-year.

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

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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