|By Marketwired .||
|February 4, 2013 08:15 AM EST||
NEW YORK, NY -- (Marketwire) -- 02/04/13 -- 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.
Abaxis Inc. (NASDAQ: ABAX) shares hit a new 52-week high of $44.98 after gaining 14.4 percent on nearly seven-times the average daily volume Friday. The company reported revenues of $49.8 million in the third quarter of fiscal 2013, a 32 percent increase when compared to the year ago quarter.
Find out more about Abaxis including full access to the free equity report at: www.BedfordReport.com/ABAX
Build-A-Bear Workshop, Inc. (NYSE: BBW) shares surged 23 percent on over eight-times the average daily volume Friday. The company reported same store sales are expected to decline 1.7 percent in the fourth quarter, a significant improvement over the 11.1 percent decline posted in the third quarter.
Find out more about Build-A-Bear Workshop including full access to the free equity report at: www.BedfordReport.com/BBW
Echo Therapeutics Inc. (NASDAQ: ECTE) shares fell 28.5 percent on over 7.8 million shares traded Friday. The company announced that the offering of 13,333,333 shares of its common stock was priced at $0.75 per share, a discount of 35 percent when compared to the prior days' close.
Find out more about Echo Therapeutics including full access to the free equity report at: www.BedfordReport.com/ECTE
PMC-Sierra, Inc. (NASDAQ: PMCS) shares surged 13 percent on over 8 million shares traded Friday, which was more than four-times the average daily volume. The company reported a gross margin of 71.7 percent for the fourth quarter, an increase of 260 basis points when compared to a year ago.
Find out more about PMC-Sierra including full access to the free equity report at: www.BedfordReport.com/PMCS
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.
Equity News Circuit
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