The Following Is an Investment Opinion Being Issued by the Equity News Circuit
NEW YORK, NY -- (Marketwire) -- 11/08/12 -- 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.
Arch Coal Inc. (NYSE: ACI) shares declined nearly 15 percent on over 25 million shares traded Wednesday. Obama's re-election triggered a sell-off in coal stocks across the board as investors speculated stricter regulations may be on the way for the already struggling industry.
Intel Corporation (NASDAQ: INTC) shares hit a new 52-week low Wednesday after falling over 20 percent in the last 3 months. Apple has recently announced that it is considering switching from the Intel chips currently being used in the Mac to a similar design being used in their iPhones and iPads.
Plexus Corp. (NASDAQ: PLXS) shares of the company hit a new 52-week low after shares plummeted nearly 30 percent Wednesday. Plexus has reported that Juniper Networks, Inc. has dropped the company as a supplier.
STEC, Inc. (NASDAQ: STEC) shares of the data storage company fell sharply Wednesday after reporting revenues for the third quarter fell 42% year-over-year to $42.1 million. Analysts at Lazard have downgraded the company's rating to "neutral" from "buy".
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, has a financial relationship with any company whose stock is mentioned in this release.