VANCOUVER, British Columbia, Dec. 6, 2012 /PRNewswire/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and equity research for the following companies: Plains Exploration & Production (NYSE: PXP), Starbucks (NASDAQ: SBUX), Sirius (NASDAQ: SIRI), Coca-Cola (NYSE: KO), Walgreen (NYSE: WAG), and Mondelez International (NASDAQ: MDLZ).
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Plains Exploration & Production Company (NYSE: PXP): On December 5, Freeport-McMoRan Copper & Gold Inc., Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co. announced their definitive merger agreements, under which Freeport-McMoRan will acquire Plains Exploration & Production for about US$6.9 billion and Freeport-McMoRan will acquire McMoRan for about US$3.4 billion. PXP soared 23.44% to US$44.50 on hefty volume of 56.66 million shares, 25 times heavier than usual day trading. Add PXP into your watch list for insider trade now.
Starbucks Corporation (NASDAQ: SBUX): Pennystocksinsiders.com found Starbucks Corporation (NASDAQ: SBUX) Independent Director, Myron E. Ullman, III, sold 20,000 shares on November 27, at stock price US$50.71 for about US$1.01 million. Disclose date: November 29. On December 5, Starbucks announced its intention of opening 3,000 total new stores, including 1,500 cafes in several states in the US, in the next five years. This is part of the company's aggressive global expansion plans. Do you want to know when Starbucks insiders will purchase their shares? See insider trade report for SBUX here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/120612A/SBUX/Starbucks.pdf
Sirius XM Radio Inc. (NASDAQ: SIRI): Pennystocksinsiders.com found Sirius XM Radio Inc. (NASDAQ: SIRI) 10% Owner, Liberty Media Corporation, purchased 1.88 million shares on November 27, at stock price US$2.75 for about US$5.17 million. In the last three months, Sirius officials have purchased US$224.75 million in shares, while others have sold US$155.49 million worth. Academic studies have shown that company insiders traditionally make higher investment returns than ordinary investors. Do you want to know when Sirius insiders will purchase their shares?
Read Full Report: http://www.Pennystocksinsiders.com/PR/120612A/SIRI/Sirius.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.
The Coca-Cola Company (NYSE: KO):
Read Full Report: http://www.Pennystocksinsiders.com/PR/120612A/KO/CocaCola.pdf
Walgreen Company (NYSE: WAG):
Read Full Report: http://www.Pennystocksinsiders.com/PR/120612A/WAG/Walgreen.pdf
Mondelez International Inc. (NASDAQ: MDLZ):
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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