NEW YORK, NY--(Marketwire - Mar 5, 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.
DragonWave, Inc. (NASDAQ: DRWI) (TSX: DWI) shares plunged 27.62 percent on nearly ten times the average daily volume Monday to close at $1.73 a share. The company announced a revised fiscal fourth quarter revenue guidance of approximately $30 million, due to lower revenue from Nokia Siemens Networks during the fourth quarter.
Find out more about DragonWave including full access to the free equity report at: www.BedfordReport.com/DRWI
MBIA Inc. (NYSE: MBI) shares surged 23.96 percent on nearly nine times the average daily volume Monday to close at $12.78 a share. The company announced that the New York State Supreme Court has upheld the New York State Insurance Department's decision to approve MBIA's Transformation in February of 2009.
Find out more about MBIA including full access to the free equity report at: www.BedfordReport.com/MBI
Theravance Inc. (NASDAQ: THRX) shares soared 16.11 percent on nearly four times the average daily volume Monday to close at $24.29 a share. According to a Bloomberg article, there has been increased speculation that GlaxoSmithKline Plc may look to acquire the biotech company to gain full control of the respiratory drugs the companies collaborated on.
Find out more about Theravance including full access to the free equity report at: www.BedfordReport.com/THRX
Transocean Ltd. (NYSE: RIG) shares traded in the range of $51.76 to $54.36 Monday before closing at $52.19 a share on volume of over 10 million shares traded. The company announced that their Board of Directors has recommended an annual dividend of $2.24 a share.
Find out more about Transocean including full access to the free equity report at: www.BedfordReport.com/RIG
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.