Note to Editors: The Following Is an Investment Opinion Being Issued by the EQUITY NEWS CIRCUIT
NEW YORK, NY -- (Marketwire) -- 12/18/12 -- 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.
Apple Inc. (NASDAQ: AAPL) despite selling over 2 million iPhone 5s shortly after its launch in China, shares of the company fell sharply Friday. Analysts at Citi Research have downgraded the company to "neutral" and lowered its price target to $575 from $675.
Adobe Systems Inc. (NASDAQ: ADBE) shares of the company spiked sharply Friday after reporting a 28 percent increase in fiscal fourth-quarter earnings, driven by higher subscriptions and lower overhead costs.
AVG Technologies NV (NYSE: AVG) shares of the company spiked to a new 52-week high Friday after announcing a new Search and Distribution relationship with Yahoo! Inc. Shares of the company have gained 17.5 percent year-to-date.
United States Steel Corporation (NYSE: X) shares have rallied nearly 10 percent over the past week. Steel stocks were boosted by data from China that showed that manufacturing in the country rose to a 14-month high in December.
Find out more about United States Steel including full access to the free equity report at: www.BedfordReport.com/X
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 four hundred and fifty 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.