NEW YORK, NY -- (Marketwire) -- 03/05/13 -- 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.
DragonWave, Inc. (NASDAQ: DRWI) (TSX: DWI) shares plunged 27.62 percent on nearly ten times the average daily volume Monday to close at $1.73 a share. The company announced a revised fiscal fourth quarter revenue guidance of approximately $30 million, due to lower revenue from Nokia Siemens Networks during the fourth quarter.
Find out more about DragonWave including full access to the free equity report at: www.BedfordReport.com/DRWI
MBIA Inc. (NYSE: MBI) shares surged 23.96 percent on nearly nine times the average daily volume Monday to close at $12.78 a share. The company announced that the New York State Supreme Court has upheld the New York State Insurance Department's decision to approve MBIA's Transformation in February of 2009.
Find out more about MBIA including full access to the free equity report at: www.BedfordReport.com/MBI
Theravance Inc. (NASDAQ: THRX) shares soared 16.11 percent on nearly four times the average daily volume Monday to close at $24.29 a share. According to a Bloomberg article, there has been increased speculation that GlaxoSmithKline Plc may look to acquire the biotech company to gain full control of the respiratory drugs the companies collaborated on.
Find out more about Theravance including full access to the free equity report at: www.BedfordReport.com/THRX
Transocean Ltd. (NYSE: RIG) shares traded in the range of $51.76 to $54.36 Monday before closing at $52.19 a share on volume of over 10 million shares traded. The company announced that their Board of Directors has recommended an annual dividend of $2.24 a share.
Find out more about Transocean including full access to the free equity report at: www.BedfordReport.com/RIG
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