Insider Hot Stocks: Citigroup, Cree, KeyCorp, Freeport-McMoRan, US Airways Group, and Invesco Mortgage Capital
HONG KONG, Jan. 24, 2013 /PRNewswire/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and equity research for the following companies: Citigroup (NYSE: C), Cree (NASDAQ: CREE), KeyCorp (NYSE: KEY), Freeport-McMoRan (NYSE: FCX), US Airways Group (NYSE: LCC), and Invesco Mortgage Capital (NYSE: IVR).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Citigroup Inc. (NYSE: C): For the fourth quarter of 2012, Citigroup Inc. (NYSE: C) announced net income of US$1.2 billion, or US$0.38 per diluted share, compared with net income of US$956 million, or US$0.31 per diluted share, for the same quarter of 2011. Moreover, the company's private bank has recently agreed to sell a portion of its U.S. trust business to privately-held Reliance Financial Corporation. Academic studies have shown that Citigroup insiders traditionally make higher investment returns than ordinary investors.
Read Full Report: http://www.Pennystocksinsiders.com/PR/012413A/C/Citigroup.pdf
Cree, Inc. (NASDAQ: CREE): Cree, Inc. (NASDAQ: CREE), a market leader in LED lighting, reported GAAP net income for the second quarter of fiscal 2013 was US$20.4 million (or US$0.18 per diluted share), an increase of 69% year-over-year. Following the announcement, shares of Cree soared 22.05% to US$40.85 and made a new 52-week high of US$41.20. There were 14.23 million stock shares traded, which was 9 times more than average volume. Check this insider trade report for CREE here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/012413A/CREE/Cree.pdf
KeyCorp (NYSE: KEY): KeyCorp (NYSE: KEY) shares ended lower by US$0.06 (or -0.64%) to US$9.30 with more than 24.95 million shares exchanged hands for the session, compared to its average volume of 14.36 million shares. Its price, as of the latest close, was up 37% compared with the 52-week low and was 2% below the 52-week high. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in KeyCorp are starting to buy more company shares. See insider trade report for KEY here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/012413A/KEY/KeyCorp.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.
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX):
Read Full Report: http://www.Pennystocksinsiders.com/PR/012413A/FCX/FreeportMcMoRan.pdf
US Airways Group, Inc. (NYSE: LCC):
Read Full Report: http://www.Pennystocksinsiders.com/PR/012413A/LCC/USAirwaysGroup.pdf
Invesco Mortgage Capital Inc. (NYSE: IVR):
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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