Note to Editors: The Following Is an Investment Opinion Being Issued by the Equity News Circuit
NEW YORK, NY -- (Marketwire) -- 12/05/12 -- 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.
Geron Corporation (NASDAQ: GERN) shares of the biotech company declined over 25 percent on over 5 million shares traded Tuesday. The company has reported that it has stopped the development of brain cancer treatment, GRN1005, and plans to cut 40 percent of their workforce.
PDL BioPharma Inc. (NASDAQ: PDLI) shares of the biotech company have gained 25 percent year-to-date. The company on Tuesday reported the resignation of Bruce Tomlinson, the company's vice president and chief financial officer.
The Pep Boys - Manny, Moe & Jack (NYSE: PBY) shares of the automotive retailer fell over 12 percent on more than 8 times the average daily volume Tuesday after reporting a loss for the fiscal third quarter. This has been the fourth consecutive quarter that the company has missed analysts' estimates.
Wynn Resorts, Limited (NASDAQ: WYNN) shares fell Tuesday after recent reports have shown that the Chinese Government have begun increasing scrutiny on Macau's lucrative casino industry. Macau casino stocks fell across the board Monday night.
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