VANCOUVER, British Columbia, Aug. 28, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Hudson City (NASDAQ:HCBK), Bank of America (NYSE:BAC), eBay (NASDAQ:EBAY), Ford (NYSE:F), Dollar Thrifty Automotive Group (NYSE:DTG), and LSI (NYSE:LSI).
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Hudson City Bancorp, Inc. (NASDAQ:HCBK): Shares of Hudson City soared US$1.01 per share (equivalent to 15.68%), where stock prices went up to US$7.45. The rise of share prices is after Hudson City Bancorp, Inc. (NASDAQ:HCBK) and M&T Bank Corporation's ("M&T") announcement of their definitive agreement. Under the terms of the agreement, Hudson City will merge into a subsidiary of M&T, expanding the premier community banking franchise in the eastern United States. The transaction is valued at about US$3.7 billion. In addition, Hudson City Chairman and CEO Ronald E. Hermance, Jr. will be appointed to the Boards of Directors of M&T and its principal banking subsidiary, M&T Bank. At the close of the trading day, there were 84.78 million stock shares traded, which was 22 times more than average volume. Its price, as of the latest close, was up 46% compared with the 52-week low and was 2% below the 52-week high. Did Hudson City insiders purchase their shareholdings before the stock price soared? Since insiders have better access to company non-public information, Insiderslab.com suggests investors to pay close attention to their stock trading behaviors. Check this insider trade report for HCBK here.
Read Full Report: http://www.insiderslab.com/PR3/082812A/HCBK/HudsonCity.pdf
Bank of America Corporation (NYSE:BAC): The Bank of America Corporation (NYSE:BAC) Board of Directors recently announced that Sharon Allen, former Deloitte LLP chairman, Jack Bovender, former HCA Inc. Chairman and Chief Executive Officer, Linda Hudson, President and CEO of BAE Systems Inc., and David Yost, former CEO of AmerisourceBergen Corp., have been appointed as new Directors, effective immediately. Bank of America said these new appointments are being made in anticipation of directors who are reaching retirement age and whose terms will expire next spring. Moreover, Michael W. Lawrence has recently been appointed as New Mexico state president. What's more, the company is scheduled to release its financial results for the third quarter of 2012 on Wednesday, October 17, 2012. At the close of the trading day, Bank of America shares slumped US$0.09 (or -1.10%) to US$8.07 on hefty volume of 95.72 million shares, below its average volume of 119.79 million shares. Can Bank of America rebound soon? Do you think now is a good time to buy or sell the stock? See insider trade report for BAC here.
Read Full Report: http://www.insiderslab.com/PR3/082812A/BAC/BankofAmerica.pdf
eBay Inc. (NASDAQ:EBAY): Insiderslab.com found Market Sale (Planned) made by company Senior Vice President, Corporate Communications -- Alan L. Marks on August 20, at stock price US$47.07. Disclose date: August 21. In the last three months, company insiders have sold a total of US$69.48 million in shares, which ranged in price from US$39.16 to US$47.07 each. In the last trading session, shares of eBay Inc. (NASDAQ:EBAY) ended lower by 0.25% to US$46.98 on over 6.86 million shares, below its 30-day average volume of 12.40 million shares. Are eBay insiders starting to take huge profits by selling shares or exercising stock options? Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
Read Full Report: http://www.insiderslab.com/PR3/082812A/EBAY/eBay.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.
Ford Motor Company (NYSE:F):
Read Full Report: http://www.insiderslab.com/PR3/082812A/F/Ford.pdf
Dollar Thrifty Automotive Group, Inc. (NYSE:DTG):
LSI Corporation (NYSE:LSI):
Read Full Report: http://www.insiderslab.com/PR3/082812A/LSI/LSI.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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