VANCOUVER, British Columbia, March 14, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: News Corp (NASDAQ:NWSA), Kinross Gold (NYSE:KGC), TCF Financial (NYSE:TCB), Forest Oil (NYSE:FST), Zynga (NASDAQ:ZNGA), and Barclays (NYSE:BCS).
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News Corp. (NASDAQ:NWSA): News Corp. (NASDAQ:NWSA) has a market capitalization of 49.38 billion. News Corp. reached US$19.96 on Tuesday, with 2.57% up. The move occurred on volume of 13.05 million which is relative to the 16.98 million shares traded on average each day. News Corp. share prices have been bracketed by a low of US$13.38 and a high of US$20.35 in the past 52 weeks, and are now at US$19.96, 49% above that low price. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in NWSA are starting to buy more company shares. See insider trade report for NWSA here.
Kinross Gold Corporation (USA) (NYSE:KGC): Kinross Gold Corporation (USA) (NYSE:KGC) has recently introduced the Kinross Professorship in Mining and Sustainability at Queen's University. In addition, Kinross Gold Corporation said the professorship would be re-named the Kinross Professorship in Mining Health and Safety. By the end of Tuesday's trading, Kinross Gold Corporation slipped 3.39% to US$10.54. Share prices of Kinross Gold Corporation have traded as high as US$18.25 per share and as low as US$9.96 in the past 52 weeks. Are insiders starting to take huge profits by selling shares or exercising stock options? Add KGC into your watch list for insider trade now.
TCF Financial Corporation (NYSE:TCB): TCF Financial Corporation (NYSE:TCB) announced on Tuesday that the company has repositioned its balance sheet, through prepaying long-term debt for US$3.6 billion and selling mortgage-backed securities for US$1.9 billion. TCF Financial Corporation rose US$0.70 per share (equivalent to 6.46%), where stock prices went up to US$11.53. There were 8.22 million stock shares traded, which was 3.4 times more than average volume. TCF Financial Corporation is a Wayzata, Minnesota-based national bank holding company. Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
Today Pennystocksinsiders.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.
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