NEW YORK, NY -- (Marketwire) -- 02/14/13 -- 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.
EZchip Semiconductor Ltd. (NASDAQ: EZCH) shares plunged 20 percent on over 8 million shares traded Wednesday. The company reported revenues of $54.7 million for the full year 2012, a decrease of 14 percent when compared to revenues of $63.5 million in 2011.
Find out more about EZchip Semiconductor including full access to the free equity report at: www.BedfordReport.com/EZCH
Peregrine Pharmaceuticals (NASDAQ: PPHM) shares declined nearly 20 percent on nearly five times the average daily volume Wednesday. The company reported "modest" results from a Phase II clinical trial of Bavituximab in Stage IV pancreatic cancer.
Find out more about Peregrine Pharmaceuticals including full access to the free equity report at: www.BedfordReport.com/PPHM
Recon Technology, Ltd. (NASDAQ: RCON) shares surged 13 percent on nearly 1.5 million shares traded Wednesday. The company reported total revenues for the second quarter of fiscal 2013 grew 49.1 percent year-over-year to ¥ 46.0 million ($7.3 million).
Find out more about Recon Technology including full access to the free equity report at: www.BedfordReport.com/RCON
WellCare Health Plans, Inc. (NYSE: WCG) shares gained over 10 percent on nearly three times the average daily volume Wednesday. The company reported premium revenue increased 24 percent year-over-year to $2 billion in the fourth quarter.
Find out more about WellCare Health Plans including full access to the free equity report at: www.BedfordReport.com/WCG
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