VANCOUVER, Oct. 25, 2012 /PRNewswire/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: EMC (NYSE: EMC), Intel (NASDAQ: INTC), Bristol Myers Squibb (NYSE: BMY), Du Pont (NYSE: DD), Norfolk Southern (NYSE: NSC), and Nabors (NYSE: NBR).
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EMC Corporation (NYSE: EMC): EMC Corporation (NYSE: EMC) reported consolidated revenue was US$5.28 billion for the third quarter of 2012, up 6% from a year ago. The third quarter GAAP net income attributable to EMC was US$626 million, an increase of 3% year-over-year. GAAP earnings per weighted average diluted share were US$0.28 for the latest quarter, up 4% from the year-ago quarter record. The third quarter non-GAAP net income attributable to EMC was US$881 million, an increase of 7% year-over-year. Non-GAAP earnings per weighted average diluted share were US$0.40 for the quarter, up 8% from the year-ago quarter record. By the end of Wednesday's trading, EMC shares dipped as much as US$0.22 (-0.89%) to US$24.46 on hefty volume of 75.60 million shares, which was 4.4 times more than average volume. In the past 52 weeks, EMC share prices have been bracketed by a low of US$21.25 and a high of US$30.00, and are now at US$24.46 (15% above that low price). Are EMC 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/PR3/102512A/EMC/EMC.pdf
Intel Corporation (NASDAQ: INTC): Insiderslab.com found company Executive Vice President, President - Intel Capital, Arvind Sodhani, sold 25,000 shares on October 22, at stock price US$21.04 for about US$537,500. Disclose date: October 22. According to insider trading report, Intel Corporation (NASDAQ: INTC) insiders have sold a total of US$7.36 million in shares in the last three months, which ranged in price from US$21.50 to US$26.36 each. On Tuesday, McAfee, a wholly owned subsidiary of Intel, announced the appointment of Ari Jaaksi as senior vice president and general manager, Mobile Engineering and Operations. In the last trading session, shares of Intel crossed below the 50-day moving average and fell 0.60% to close at US$21.46. Its price, as of the latest close, was up 1% compared with the 52-week low and was 36% below the 52-week high. Insiderslab.com refers insider trading data to professional investors as it believes that Intel insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when Intel insiders will buy their shares?
Read Full Report: http://www.insiderslab.com/PR3/102512A/INTC/Intel.pdf
Bristol Myers Squibb Co. (NYSE: BMY): Insiderslab.com found Market Sale (Planned) made by company Director -- James M. Cornelius on October 22, at stock price US$33.81 each for about US$338,100. Disclose date: October 24. Cornelius sold additional 10,000 shares on the following day, at stock price US$33.26 each for about US$332,600. Disclose date: October 24. In the last three months, company insiders have sold a total of US$21.74 million in shares, which ranged in price from US$31.56 to US$35.84 each. For the third quarter of 2012, Bristol Myers Squibb Co. (NYSE: BMY) reported net sales of US$3.74 billion, down 30% from net sales of US$5.35 billion in the same period a year ago. GAAP net loss attributable to Bristol Myers Squibb was US$711 million (or US$0.43 per share) for the third quarter, compared with net earnings of US$969 million (or US$0.56 per share), in the prior-year quarter. Non-GAAP net earnings attributable to Bristol Myers Squibb was US$685 million (or US$0.41 per share) in the quarter, compared with US$1.0 billion (or US$0.61 per share), a year ago. Shares of Bristol Myers Squibb continued to slide on Wednesday and ended lower by 0.57% at US$33.05 with more than 12.52 million shares exchanged hands for the session compared to its average volume of 10.48 million shares. Share prices of Bristol Myers Squibb have traded as high as US$36.34 per share and as low as US$30.10 in the past 52 weeks. Investors may want to find out how Bristol Myers Squibb insiders like CEOs, CFOs and Directors are thinking about the future of the company. Check this insider trade report for BMY here.
Read Full Report: http://www.insiderslab.com/PR3/102512A/BMY/BristolMyersSquibb.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.
E.I. Du Pont De Nemours And Co (NYSE: DD):
Read Full Report: http://www.insiderslab.com/PR3/102512A/DD/DuPont.pdf
Norfolk Southern Corporation (NYSE: NSC):
Read Full Report: http://www.insiderslab.com/PR3/102512A/NSC/NorfolkSouthern.pdf
Nabors Industries Ltd. (NYSE: NBR):
Read Full Report: http://www.insiderslab.com/PR3/102512A/NBR/Nabors.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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