Free Research Reports on APRI, BKE, CRUS and RUE 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) -- 05/24/13 -- 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.
Apricus Biosciences Inc. (NASDAQ: APRI) shares declined 19.7 percent on volume of 5.3 million shares traded to close at $2.65. The company announced the pricing of a public offering of 6 million shares of common stock at a price to the public of $2.85 per share. Shares of Apricus Biosciences have gained roughly 33 percent year-to-date.
Find out more about Apricus Biosciences including full access to the free equity report at: www.BedfordReport.com/APRI
The Buckle, Inc. (NYSE: BKE) shares declined 3.01 percent on volume of over 1.0 million shares traded to close at $55.42. The company reported a net income of $37.6 million, or $0.79 per share, for the first quarter of fiscal 2013, compared to a net income of $37.8 million, or $0.80 per share, in the year ago quarter.
Find out more about The Buckle including full access to the free equity report at: www.BedfordReport.com/BKE
Cirrus Logic, Inc. (NASDAQ: CRUS) shares plunged 19.53 percent on volume of 24.83 million shares traded Thursday to close at $17.76. In a recent presentation by CEO Jason Rhode at the Barclays tech conference the company warned of growing pricing pressures. Revenues for the upcoming quarter are expected to be in the range of $150 million to $170 million.
Find out more about Cirrus Logic including full access to the free equity report at: www.BedfordReport.com/CRUS
rue21, Inc. (NASDAQ: RUE) shares surged 22.98 percent on volume 9.68 million shares traded to close at $41.96. The company announced that agreed to be acquired by Apax Partners, a global private equity firm, for $42.00 per share in cash, a premium of approximately 23 percent to Wednesday's closing price.
Find out more about rue21 including full access to the free equity report at: www.BedfordReport.com/RUE
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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