NEW YORK, NY -- (Marketwire) -- 03/20/13 -- 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.
Affymax, Inc. (NASDAQ: AFFY) shares plunged 64.04 percent on volume of over 37 million shares traded Tuesday to close at $1.05 a share. The company announced that it plans to cut approximately 75% (230 employees) as part of a plan to focus resources on the ongoing investigation of OMONTYS.
Find out more about Affymax including full access to the free equity report at: www.BedfordReport.com/AFFY
Lululemon Athletica Inc. (NASDAQ: LULU)(TSX: LLL) shares declined 2.76 percent on volume of nearly 17.5 million shares traded Tuesday to close at $64.08 a share. The company announced that they have pulled their popular Luon yoga pants of the shelf due to quality control issues. Lululemon has subsequently lowered their first-quarter outlook.
Find out more about Lululemon Athletica including full access to the free equity report at: www.BedfordReport.com/LULU
Skullcandy Inc. (NASDAQ: SKUL) shares spiked 7.5 percent on more than double the average daily volume Tuesday to close at $5.73 a share. The company has appointed Hoby Darling as President and Chief Executive Officer effective immediately.
Find out more about Skullcandy including full access to the free equity report at: www.BedfordReport.com/SKUL
Toll Brothers Inc. (NYSE: TOL) shares gained 1.14 percent on volume of 3.75 million shares traded Tuesday to close at $34.51 a share. Raymond James has recently upgraded shares of Toll Brothers to a strong buy and a price target of $40.00.
Find out more about Toll Brothers including full access to the free equity report at: www.BedfordReport.com/TOl
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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