VANCOUVER, British Columbia, Dec. 28, 2011 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies:Bank of America (NYSE:BAC), General Electric (NYSE:GE), Intel (NASDAQ:INTC), MGM Resorts International (NYSE:MGM), VirnetX Holding (AMEX:VHC) and Microsoft (NASDAQ:MSFT).
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Bank of America Corp (NYSE:BAC): Bank of America Corp. (NYSE:BAC) Chief Executive Officer Brian T. Moynihan told employees in a year-end letter that he bolstered the firm against risk and will make more improvements in 2012. "Bank of America cut riskier assets by US$117 billion from the third quarter of 2010 and reduced risks tied to European sovereign and corporate debt by 43 percent since 2009," wrote Moynihan in the letter. Are insiders starting to take huge profits by selling shares or exercising stock options? Add BAC into your watch list for insider trades now. Read Full Report: http://www.insiderslab.com/PR3/122811A/BAC/BankofAmerica.pdf
General Electric Company (NYSE:GE): GE Capital, the financial services division of GE (NYSE:GE), announced yesterday that its wholly-owned bank affiliate, GE Capital Financial Inc., is acquiring MetLife's U.S. retail deposit business, consisting of approximate US$7.5 billion in U.S. deposits and an established online banking platform. "This acquisition fits with our plans to launch a U.S. deposit platform," said Dan Henson, president and CEO of GE Capital – Americas. "It accelerates our timing, helps us build a stronger and more cost efficient funding base, and allows us to better serve our middle market commercial customers." Do you want to know when company insiders will buy their shares? Want to add and monitor this company on an on-going basis? It can be done for free by registering below.
Intel Corporation (NASDAQ:INTC):Intel Corporation (NASDAQ:INTC), the world's largest maker of semiconductors, announced that its revenue this quarter would fall from US$14.7 billion to US$13.7 billion. Floods in Thailand cut the world's supply of disk drives. Without the drives, manufacturers will make fewer personal computers and computer servers, meaning that fewer semiconductors will be needed. Want to trace the activities of company insiders from now on? Check out the insider trading here. Read Full Report: http://www.insiderslab.com/PR3/122811A/INTC/Intel.pdf
Today Insiderslab.com also observed abnormal trade volume for the following companies; insiders may be involved in 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.
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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