VANCOUVER, British Columbia, April 13, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Staples (NASDAQ:SPLS), EnCana (NYSE:ECA), Delta Air Lines (NYSE:DAL), AK Steel Holding (NYSE:AKS), Banco Santander SA (NYSE:BSBR), and MBIA (NYSE:MBI).
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Staples, Inc. (NASDAQ:SPLS): As per a recent report of Staples, Inc. (NASDAQ:SPLS), Dr. Drew Faust, President of Harvard University, was nominated for election to the company's Board of Directors. The company is scheduled to elect Directors at the Annual Meeting on June 4, 2012. By the end of yesterday's trading, Staples, Inc. plunged 0.22% to US$15.66. The move occurred on volume of 11.19 million which is relative to the 11.68 million shares traded on average each day. Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
EnCana Corporation (USA) (NYSE:ECA): EnCana Corporation (USA) (NYSE:ECA) began the trading session with a price of US$18.11 and throughout the session climbed at a high of US$18.37 but when day-trade ended the stock finally advanced +1.45% to US$18.22. EnCana traded 7.51 million shares in the last trading session, well above its daily average of 5.36 million shares. In the past 52 weeks, EnCana share prices have been bracketed by a low of US$17.02 and a high of US$34.85, and are now at US$18.22, only 7% above that low price. Investors may want to find out how company insiders like Executive Officers and Directors are thinking about the future business prospects of the company. Check this insider trade report for ECA here.
Delta Air Lines, Inc. (NYSE:DAL): By market close, Delta Air Lines, Inc. (NYSE:DAL) shares ended higher by 3.53% to US$10.26 on over 10.83 million shares, below its 30-day average volume of 11.91 million shares. Share prices of Delta Air Lines have traded as high as US$11.60 per share and as low as US$6.41 in the past 52 weeks. 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.
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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