March 04, 2013 at 08:45 AM EST
Free Research Reports on CLVS, GMXR, MDR and SBGI Issued by the Bedford Report
Note to Editors: The Following Is an Investment Opinion Being Issued by the EQUITY NEWS CIRCUIT

NEW YORK, NY -- (Marketwire) -- 03/04/13 -- 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.

Clovis Oncology Inc. (NASDAQ: CLVS) shares surged 15.64 percent on volume on nearly six times the average daily volume Friday to close at $21.81 a share. The company ended the year with $144.1 million in cash and cash equivalents. Their cash burn for 2013 is expected to be between $53 and $57 million for 2013.

Find out more about Clovis Oncology including full access to the free equity report at: www.BedfordReport.com/CLVS

GMX Resources Inc. (NYSE: GMXR) shares soared 28.63 percent on volume of nearly 5 million shares traded to close at $3.10 a share. The company recently announced that they have hired Jefferies & Company Inc. as a financial advisor to assist the Board and senior management in its ongoing exploration of a variety of financing alternatives.

Find out more about GMX Resources including full access to the free equity report at: www.BedfordReport.com/GMXR

McDermott International (NYSE: MDR) shares declined 15.88 percent on volume of 18.2 million shares traded Friday to close at $10.70 a share. The company reported a net income of $40.5 million for the fourth quarter. The company's forecast of revenues of $2.6 billion in fiscal 2013 fell short of expectations.

Find out more about McDermott International including full access to the free equity report at: www.BedfordReport.com/MDR

Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) shares surged 12.64 percent on over five times the average daily volume Friday to close at $15.86 a share. The company announced it will acquire the broadcast assets of 18 television stations owned by Barrington Broadcasting Group, LLC for $370 million.

Find out more about Sinclair Broadcast Group including full access to the free equity report at: www.BedfordReport.com/SBGI

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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