VANCOUVER, British Columbia, June 7, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Barrick Gold (NYSE:ABX), Staples (NASDAQ:SPLS), Johnson & Johnson (NYSE:JNJ), Rackspace Hosting (NYSE:RAX), Walt Disney (NYSE:DIS), and Vodafone (NASDAQ:VOD).
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Barrick Gold Corporation (USA) (NYSE:ABX): Barrick Gold ended lower by 3.80% to US$40.45 on over 19.62 million shares, compared to its average volume of 9.20 million shares. On June 6, the company announced that its Board of Directors has appointed Jamie Sokalsky as its Chief Executive Officer, replacing Aaron Regent, effective immediately. Mr. Sokalsky said: "I feel enormously privileged to take on this role at Barrick, a company that combines operational excellence and financial strength with a track record of successful execution. My focus will be on maximizing shareholder value and our mission of superior performance." To increase investment return, Insiderslab.com refers insider trading data to professional investors as it believes that company insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when company insiders will buy their shares?
Read Full Report: http://www.insiderslab.com/PR3/060712B/ABX/BarrickGold.pdf
Staples, Inc. (NASDAQ:SPLS): Staples ended higher by 1.41% to US$12.91 with more than 17.15 million shares traded, compared to its average volume of 11.70 million shares. Recently, the company posted a decline in its first quarter profit hurt by weak sales in international markets. The company reported net income of US$187.1 million, or 27 cents a share, down from a year ago profit of US$198.2 million, or 28 cents a share. On an adjusted basis, the company would have earned 30 cents a share. Total revenue during the latest quarter slid 1% year over year to US$6.1 billion. International sales, which generated 20% of total sales, fell 8% year over year to US$1.2 billion. Same-store sales in Europe fell 6%. Delivery sales jumped 2% to US$2.6 billion on increased demand for items like coffee sweetener and paper towels. The company projects its net earnings in the current fiscal year to grow at high single digits, while revenue is projected to rise in the low single digits. Earlier this week, the company declared dividend of 11 cents a share. Shares of the company are down over 7% so far this year and slumped over 16% over the past one year. Over the past 52 weeks, the stock has been moving within a range of US$11.94 and US$16.93. As per the latest dividend of 11 cents a share, the stock has a dividend yield of 3.41%. The stock has a beta of 0.94. Since insiders such as CEOs, CFOs and Directors have better access to company non-public information, Insiderslab.com thinks that investors would be wise to pay close attention to their stock trading behaviors. Check this insider trade report for SPLS here.
Read Full Report: http://www.insiderslab.com/PR3/060712B/SPLS/Staples.pdf
Johnson & Johnson (NYSE:JNJ): Johnson & Johnson gained 0.95% to US$62.80 with more than 11.36 million shares traded for the session, compared to its average volume of 11.99 million shares. Earlier this week, the company said that it will not sell its vaginal mesh implants anymore after a number of lawsuits about the devices causing complications such as infections and bleeding. The company added that it has requested the U.S. Food and Drug Administration for permission to discontinue selling four of its mesh products within the next four months, after giving hospitals and surgeons time to select other options. Johnson plans to stop marketing the products globally within the next three to nine months. Last week, the Food and Drug Administration issued a warning that the company has been unable to solve dozens of consumer complaints about its K-Y Liquibeads Vaginal Moisturizer and other products in the last two years. As per the warning letter, the company received 227 complaints about the K-Y Liquibeads between June 2010 and December 2011, and more than 100 complaints were not thoroughly evaluated or investigated. Shares of the company are down by over 4% so far this year and slid over 5% over the past one year. Over the past 52 weeks, the stock has been moving within a range of US$59.08 to US$68.05. As per the latest dividend of 61 cents a share, the stock has a dividend yield of 3.89%. The stock has a beta of 0.53. Insiderslab.com believes that it is a clever way to check if insiders like CEOs, CFOs, and Directors in JNJ are starting to buy more company shares. See insider trade report for JNJ here.
Read Full Report: http://www.insiderslab.com/PR3/060712B/JNJ/JohnsonJohnson.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.
Rackspace Hosting, Inc. (NYSE:RAX):
Read Full Report: http://www.insiderslab.com/PR3/060712B/RAX/RackspaceHosting.pdf
The Walt Disney Company (NYSE:DIS):
Read Full Report: http://www.insiderslab.com/PR3/060712B/DIS/WaltDisney.pdf
Vodafone Group Plc (ADR) (NASDAQ:VOD):
Read Full Report: http://www.insiderslab.com/PR3/060712B/VOD/Vodafone.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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