Free Research Reports on FST, HFC, OWW and TASR 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) -- 02/22/13 -- 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.
Forest Oil Corporation (NYSE: FST) shares fell sharply in early trading Thursday before recovering to close at $6.02 a share. The company reported a net loss of $287 million in the fourth quarter of 2012, compared to a net income of $19 million a year prior. Shares of Forest Oil are down 10 percent year-to-date.
HollyFrontier Corp. (NYSE: HFC) shares have surged over 17 percent year-to-date. The company's Board of Directors has approved a 50 percent increase in their quarterly cash dividend to $0.30 a share, and has also declared a special dividend in the amount of $0.50 a share. HollyFrontier now offers investors a dividend yield of roughly 2.2 percent.
Orbitz Worldwide, Inc. (NYSE: OWW) shares surged 14.03 percent on nearly four times the average daily volume Thursday to close at $3.82 a share. The company last week announced that it is seeking strategic alternatives for "some or all of the assets" of the Away Network.
TASER International, Inc. (NASDAQ: TASR) shares declined 19.67 percent on over six times the average daily volume Thursday to close at $6.90 a share. The company reported sales of $32.1 in the fourth quarter an increase of 50.6 percent when compared to sales of $21.3 million posted in year ago quarter.
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.