VANCOUVER, British Columbia, Aug. 23, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Dell (NASDAQ:DELL), Qihoo (NYSE:QIHU), Vale SA (NYSE:VALE), Discover (NYSE:DFS), Exxon Mobil (NYSE:XOM), and Intuit (NASDAQ:INTU).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Dell Inc. (NASDAQ:DELL): Dell Inc. (NASDAQ:DELL) lately posted its financial results for second-quarter fiscal 2013. The company showed revenue of US$14.48 billion in the second fiscal quarter, compared with revenue of US$15.66 billion in the prior-year fiscal quarter. GAAP net income dropped 18% to US$732 million in the quarter, from US$890 million a year earlier. Moreover, the company has lowered its guidance for third-quarter revenue by 2-5% from last year's levels because of competitive environment. At the close of the trading day, shares of Dell slumped 5.35% to US$11.68 with heavy volume, which was 4 times more than usual. Dell's low point in its 52-week range is US$11.39 per share, with US$18.36 as the 52-week high point. Are you interested in the non-public stock trading behaviors of Dell insiders? Do you want to know when Dell insiders will purchase their shares? Check this insider trade report for DELL here.
Qihoo 360 Technology Co Ltd (NYSE:QIHU): On August 21, Qihoo 360 Technology Co Ltd (NYSE:QIHU), a leading Chinese security software developer, posted its financial results for the second quarter of 2012. Qihoo showed revenues in the second quarter rose 107.3% to US$72.8 million, from US$35.1 million in the second quarter of 2011, while net income dropped 37% to US$7.0 million, from US$11.1 million a year earlier. The company now expects its third quarter revenues to be between US$81 million and US$82 million, representing a rise of 71% to 73% year-over-year. As of the end of June 2012, the company was serving 378 million users. In the last trading session, shares of Qihoo soared 16.49% higher, moving up US$3.48 to US$24.58 per share. Abnormal trading volume of Qihoo was found reaching 13.34 million shares, 9.8 times heavier than usual day trading. Observing comprehensive analysis of Qihoo could help investors avoid big lost in investment. Check insider trade report for Qihoo here.
Vale SA (ADR) (NYSE:VALE): At the close of the trading day, Vale SA (ADR) (NYSE:VALE) shares jumped as much as 0.11% to US$17.87. The brazil-based metals and mining company has a market capitalization of US$92.09 billion. In the past year, the stock has traded within a range of US$16.80 - US$28.41. Its price, as of the latest close, was up 6.4% compared with the 52-week low and was 59.0% below the 52-week high. Since Vale 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 VALE here.
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.
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore. Insiderslab.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.
Important Disclaimer: Please visit insiderslab.com/disclaimers/disclaimers.php for details.