HONG KONG, Jan. 9, 2013 /PRNewswire/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and equity research for the following companies: Sprint (NYSE: S), Arena (NASDAQ: ARNA), Yum! Brands (NYSE: YUM), Abbott (NYSE: ABT), Nokia (NYSE: NOK), and Freeport-McMoRan (NYSE: FCX).
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Sprint Nextel Corporation (NYSE: S): On December 17, 2012, Sprint Nextel Corporation (NYSE: S) announced that it has agreed to acquire the approximately 50% stake in Clearwire it does not currently own for US$2.97 per share. Shares of Sprint lowered by 0.34% to US$5.94 on over 65.09 million shares, above its 30-day average volume of 31.36 million shares. Academic studies have shown that company insiders traditionally make higher investment returns than ordinary investors. Do you want to know when Sprint insiders will purchase their shares?
Read Full Report: http://www.Pennystocksinsiders.com/PR/010913A/S/Sprint.pdf
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA): Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) shares rose nearly 10% to US$10.11 with more than 30.64 million shares traded hands, which was 4.5 times more than average volume. Its price, as of the latest close, was up 556% compared with the 52-week low and was 34% below the 52-week high. Did Arena insiders like CEOs, CFOs, and Directors buy their shareholdings before the stock price jumped? Check out the insider trade report here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/010913A/ARNA/Arena.pdf
Yum! Brands, Inc. (NYSE: YUM): Pennystocksinsiders.com found Yum! Brands, Inc. (NYSE: YUM) Senior Vice President, Chief Public Affairs Officer, Jonathan D. Blum, sold 3,244 shares on January 2, at stock price US$67.08 for about US$217,610. Disclose date: January 3. Yum! Brands announced that its sales growth in China will be much lower than expected in the fourth quarter. Following the announcement, the stock plunged US$2.85 (or -4.20%) to US$65.04. Add YUM into your watch list for insider trade now.
Read Full Report: http://www.Pennystocksinsiders.com/PR/010913A/YUM/YumBrands.pdf
Today Pennystocksinsiders.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.
Abbott Laboratories (NYSE: ABT):
Read Full Report: http://www.Pennystocksinsiders.com/PR/010913A/ABT/Abbott.pdf
Nokia Corporation (ADR) (NYSE: NOK):
Read Full Report: http://www.Pennystocksinsiders.com/PR/010913A/NOK/Nokia.pdf
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX):
Read Full Report: http://www.Pennystocksinsiders.com/PR/010913A/FCX/FreeportMcMoRan.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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