2013-03-01 14:48:20 -
NEW YORK, NY -- (Marketwire) -- 03/01/13 -- 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.
Cablevision Systems Corporation
(NYSE: CVC) shares declined 9.57 percent on over 14 million shares traded Thursday to close at $13.99 a share. Net revenues from cable television declined 2.2 percent to $1.473 billion in the fourth quarter, largely due to the impact of Superstorm Sandy and a decrease in customer base.
Find out more about Cablevision Systems
including full access to the free equity report at: www.BedfordReport.com/CVC : www.bedfordreport.com/CVC
(NYSE: MCP) shares fell sharply in early morning trading Thursday before recovering to close at $6.14 a share on volume of 15.72 million shares traded. The company announced a delay in the filling of its Annual Report on Form 10-K and will reschedule its fourth quarter and full year 2012 earnings call.
Find out more about Molycorp
including full access to the free equity report at: www.BedfordReport.com/MCP : www.bedfordreport.com/MCP
MGIC Investment Corp.
(NYSE: MTG) shares traded in the range of $2.36 - $3.15 Thursday before closing at $2.98 a share, an increase of 6.43 percent. The company reported a net loss for the fourth quarter of $386.7 million, compared to a net loss of $135.3 million a year ago. The wider loss was largely due to the settlement of the Freddie Mac pool dispute.
Find out more about MGIC Investment
including full access to the free equity report at: www.BedfordReport.com/MTG : www.bedfordreport.com/MTG
Procera Networks, Inc.
(NASDAQ: PKT) shares declined 30.36 percent on nearly 4 million shares traded Thursday to close at $11.70 a share. Net income for the fourth quarter of 2012 was $1.2 million, or $0.06 per diluted share, compared to net income of $1.8 million, or $0.12 per diluted share, for the fourth quarter of 2011.
Find out more about Procera Networks
including full access to the free equity report at: www.BedfordReport.com/PKT : www.bedfordreport.com/PKT
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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