Daily Stocks Highlight by Insiderslab: Research In Motion, Citigroup, Chesapeake Energy, Hewlett-Packard, VIVUS, and Kinross Gold
VANCOUVER, British Columbia, Sept. 24, 2012 /PRNewswire/ — Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Research In Motion (NASDAQ:RIMM), Citigroup (NYSE:C), Chesapeake Energy (NYSE:CHK), Hewlett-Packard (NYSE:HPQ), VIVUS (NASDAQ:VVUS), and Kinross Gold (NYSE:KGC).
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Research In Motion Limited (USA) (NASDAQ:RIMM): Research In Motion Limited (USA) (NASDAQ:RIMM) and the Global Enterprise Mobility Alliance, a leading provider of Global Managed Mobility Services, have recently achieved an agreement, under which the companies will jointly deliver global managed mobility solutions for multinational customers. Following the news, shares of Research In Motion slumped US$0.45 (-6.52%) to US$6.45 on hefty volume of 47.16 million shares, above its average volume of 2.9 million shares. Its price, as of the latest close, was up 1.9% compared with the 52-week low and was 283.6% below the 52-week high. Since Research In Motion insiders have better access to company non-public information, Insiderslab.com thinks that investors would be wise to pay close attention to their stock trading behaviors. Check this insider trade report for Research In Motion here.
Read Full Report: http://www.insiderslab.com/PR3/092412A/RIMM/ResearchInMotion.pdf
Citigroup Inc. (NYSE:C): Last week, the U.S. bank Citigroup Inc. (NYSE:C) began to provide electronic ATM receipts on all Citibank branch ATMs which provides banking services in a paperless environment and also introduces an easy way to track ATM transactions. Shares of Citigroup gapped open sharply higher in the last trading session, however, the stock finally dipped as much as US$0.14 (or -0.41%) to US$33.67. Share prices of Citigroup have traded as high as US$38.40 per share and as low as US$21.40 in the past 52 weeks. The stock price crossed below the 50-day moving average in the last trading session. Are Citigroup insiders starting to take huge profits by selling shares or exercising stock options? Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
Read Full Report: http://www.insiderslab.com/PR3/092412A/C/Citigroup.pdf
Chesapeake Energy Corporation (NYSE:CHK): Insiderslab.com found Market Purchase made by company Director — Archie W. Dunham on September 18, at stock price US$20.00 each for about US$1.36 million. Disclose date: September 18. Dunham also purchased 6,900 shares on September 14, at stock price US$19.98 each. According to insider trading report, between July to September, company insiders have purchased a total of US$2.39 million in shares, which ranged in price from US$17.75 to US$20.00 each. On September 12, Chesapeake Energy Corporation (NYSE:CHK) announced that it has signed multiple agreements to sell a major portion of its Permian properties for approximately US$6.9 billion. Chesapeake Energy said it will use a portion of the proceeds from these asset sales to repay its US$4.0 billion of term loans in the fourth quarter of this year. Last Friday, the company announced James R. Webb has been appointed as Senior Vice President – Legal and General Counsel. At the last trading session, Chesapeake Energy shares declined 0.72% to US$19.36 and crossed below the 50-day moving average in the last trading session. The natural gas giant traded 27.51 million shares in the session, well above its daily average of 14.05 million shares. Observing comprehensive analysis of Chesapeake Energy could help investors avoid big lost in investment. Check insider trade report for CHK here.
Read Full Report: http://www.insiderslab.com/PR3/092412A/CHK/ChesapeakeEnergy.pdf
Today Insiderslab.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. It will take some time for insiders to report their trades. Read these reports and add these companies into your Insider Trade Radar.
Hewlett-Packard Company (NYSE:HPQ):
Read Full Report: http://www.insiderslab.com/PR3/092412A/HPQ/HewlettPackard.pdf
VIVUS, Inc. (NASDAQ:VVUS):
Read Full Report: http://www.insiderslab.com/PR3/092412A/VVUS/VIVUS.pdf
Kinross Gold Corporation (USA) (NYSE:KGC):
Read Full Report: http://www.insiderslab.com/PR3/092412A/KGC/KinrossGold.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore. Insiderslab.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.
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SOURCE Insiderslab.com; Insiders.hk