Note to Editors: The Following Is an Investment Opinion Being Issued by the EQUITY NEWS CIRCUIT
NEW YORK, NY -- (Marketwire) -- 11/12/12 -- 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.
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) shares of anti-obesity drug maker surged over 10 percent on nearly 15 million shares traded Friday. Eisai Co., Ltd., who will market Belviq in the U.S., expects the weight loss drug to reach the U.S. market in early 2013.
Lynas Corporation Ltd. (PINKSHEETS: LYSCF) is set to provide the first new source of supply of Rare Earths outside of China when it comes online in 2012. Lynas is able to start start processing rare earths immediately at their new plant after a Malaysian court recently ruled in favor of the company.
J.C. Penney Company, Inc. (NYSE: JCP) shares of the retailer fell 4.84% last Friday on nearly 6 times the average daily volume. The company reported same-store sales declined 26.1% in the third quarter.
Roundy's Inc. (NYSE: RNDY) shares of retail grocery company fell nearly 20 percent on nearly 6 times the average daily volume last Friday after reporting third quarter earnings declined 36 percent. The company also slashed its quarterly dividend by almost 50%.
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