VANCOUVER, British Columbia, July 23, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Baker Hughes (NYSE: BHI), Wells Fargo (NYSE: WFC), Micron (NASDAQ: MU), Cepheid (NASDAQ: CPHD), Merck (NYSE: MRK), and Altria Group (NYSE: MO).
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Baker Hughes Incorporated (NYSE: BHI): Shares of Baker Hughes Incorporated (NYSE: BHI) soared US$3.84 to US$45.59 on July 20 after the company's releasing of improved financial results for the second quarter of 2012. For the second quarter, Baker Hughes reported a net income of US$439 million, compared with a net income of US$338 million in the second quarter of 2011. The company delivered US$1 per share in earnings, more than the US$0.77 a share it earned a year ago. Revenue for the quarter was jumped by 12% to US$5.33 billion, from US$4.74 billion a year earlier. Baker Hughes Incorporated provides oilfield services, products, technology and systems to the global oil and natural gas industry. In the last trading session, there were 20.61 million stock shares traded, which was 4 times more than average volume. Are Baker Hughes insiders like CEOs, CFOs, and Directors starting to take huge profits by selling shares or exercising stock options? Add BHI into your watch list for insider trade now.
Read Full Report: http://www.insiderslab.com/PR3/072312A/BHI/BakerHughes.pdf
Wells Fargo & Company (NYSE: WFC): Insiderslab.com found two insiders trading: A substantial Market Sale made by company Executive Vice President -- Michael J. Heid on July 16, at stock price US$34.18. Disclose date: July 17. On that same day, company Senior Executive Vice President, Chief Information Officer, Kevin A. Rhein, sold 6,000 shares at stock price US$34.16. In addition, Bill Brenizer and David Cheney have recently appointed as managing directors in the Wells Fargo Securities, the capital markets and investment banking business of Wells Fargo & Company (NYSE: WFC). The stock slumped US$0.34 to US$33.81 on volume of 24.84 million shares, below its average volume of 26.40 million shares. Its price, as of the latest close, was up 49.7% compared with the 52-week low and was 2.3% below the 52-week high. Do you want to know when Wells Fargo insiders will purchase their shares? Do you want to spend less time on picking stocks? Check this insider trade report for WFC here.
Read Full Report: http://www.insiderslab.com/PR3/072312A/WFC/WellsFargo.pdf
Micron Technology, Inc. (NASDAQ: MU): In the last trading session, Micron Technology, Inc. (NASDAQ: MU) soared 0.87% higher, moving up US$0.05 to US$5.82.per share. Micron traded 44.48 million shares, well above its daily average of 28.98 million shares. In the past 52 weeks, Micron share prices have been bracketed by a low of US$3.97 and a high of US$9.16, and are now at US$5.82 (47% above that low price). Insiderslab.com believes that it is a clever way to check if Micron Technology, Inc. insiders are starting to buy more company shares. See insider trade report for MU here.
Read Full Report: http://www.insiderslab.com/PR3/072312A/MU/Micron.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.
Cepheid (NASDAQ: CPHD):
Read Full Report: http://www.insiderslab.com/PR3/072312A/CPHD/Cepheid.pdf
Merck & Co., Inc. (NYSE: MRK):
Read Full Report: http://www.insiderslab.com/PR3/072312A/MRK/Merck.pdf
Altria Group, Inc. (NYSE: MO):
Read Full Report: http://www.insiderslab.com/PR3/072312A/MO/AltriaGroup.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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