VANCOUVER, British Columbia, Oct. 26, 2012 /PRNewswire/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: PSS World Medical (NASDAQ:PSSI), Fusion-IO (NYSE:FIO), Occidental (NYSE:OXY), PACCAR (NASDAQ:PCAR), National-Oilwell Varco (NYSE:NOV), and Sirius (NASDAQ:SIRI).
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Report Highlights:
PSS World Medical, Inc. (NASDAQ:PSSI): PSS World Medical, Inc. (NASDAQ:PSSI) announced on October 25 that it has achieved a definitive agreement with McKesson Corporation, a leading healthcare services and information technology company. Under the terms of the agreement, McKesson will acquire PSS World Medical in exchange of approximately US$2.1 billion. At the close of the trading day, shares of PSS World Medical soared 32.27% to US$28.57 and made a new 52-week high of US$28.75. Abnormal trading volume of PSS World Medical was found reaching 48.95 million shares, 65 times heavier than usual day trading. Pennystocksinsiders.com refers insider trading data to professional investors as it believes that PSS World Medical insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when PSS World Medical insiders will buy their shares?
Read Full Report: http://www.Pennystocksinsiders.com/PR/102612B/PSSI/PSSWorldMedical.pdf
Fusion-IO, Inc. (NYSE:FIO): Pennystocksinsiders.com found five insiders trading: A substantial Market Sale made by company Executive Vice President, Strategic Business Development, General Manager, Caching Solutions -- Richard W. Boberg on October 22, at stock price US$27.41 for about US$246,720. Disclose date: October 24. Company Chairman of the Board, President, Chief Executive Officer, David A. Flynn, totally sold 39,900 shares on October 16 in two separate transactions, at stock price US$30.00 each for a worth of US$1.197 million. Pennystocksinsiders.com also found company Chief Technology Officer, Executive Vice President, Neil A. Carson, sold 2,514 shares on October 16 at stock price US$29.81 each. On October 15, company Chief Financial Officer and Executive Vice President, Dennis P. Wolf, also cashed out for about US$871,130. On that same day, Lance L. Smith, Chief Operating Officer and Executive Vice President, sold 19,583 shares for about US$578,840. At the close of the trading day, shares of Fusion-IO, Inc. (NYSE:FIO) extended its downtrend and fell another US$2.24 (or -8.21%) with over 9.00 million traded hands, compared to its average volume of 2.49 million shares. Academic studies have shown that Fusion-IO insiders traditionally make higher investment returns than ordinary investors. Are you interested in the non-public stock trading behaviors of Fusion-IO insiders?
Read Full Report: http://www.Pennystocksinsiders.com/PR/102612B/FIO/FusionIO.pdf
Occidental Petroleum Corporation (NYSE:OXY): For the third quarter of 2012, Occidental Petroleum Corporation (NYSE:OXY) reported net sales of US$5.97 billion, compared with net sales of US$6.01 billion in the same quarter of 2011. Net income for the quarter was US$1.38 billion (or US$1.70 per diluted share), compared with net income of US$1.77 billion (or US$2.18 per diluted share), in the year-ago period. Occidental shares began the trading session with US$83.36 and throughout the session plunged to a low of US$79.79. Still, when day-trade ended, the stock climbed 2.28% to US$82.52. There were 11.05 million shares of Occidental exchanging hands as compared to its average daily volume of 4.57 million shares. Since Occidental insiders such as CEOs, CFOs and Directors have better access to company non-public information, Pennystocksinsiders.com thinks that investors would be wise to pay close attention to their stock trading behaviors. Check this insider trade report for OXY here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/102612B/OXY/Occidental.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.
PACCAR Inc. (NASDAQ:PCAR):
Read Full Report: http://www.Pennystocksinsiders.com/PR/102612B/PCAR/PACCAR.pdf
National-Oilwell Varco, Inc. (NYSE:NOV):
Read Full Report: http://www.Pennystocksinsiders.com/PR/102612B/NOV/NationalOilwellVarco.pdf
Sirius XM Radio Inc. (NASDAQ:SIRI):
Read Full Report: http://www.Pennystocksinsiders.com/PR/102612B/SIRI/Sirius.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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