HONG KONG, May 8, 2013 /PRNewswire/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports for the following hot stocks: Aruba Networks (NASDAQ: ARUN), Freeport-McMoRan Copper & Gold (NYSE: FCX), Baxter (NYSE: BAX), Frontier (NASDAQ: FTR), Sprint Nextel (NYSE: S), and Halliburton (NYSE: HAL).
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Aruba Networks, Inc. (NASDAQ: ARUN): By the end of last trading session, the shares of Aruba (NASDAQ: ARUN) plunged US$5.03 (or 22.81%) to US$17.02 with 23.17 million shares exchanged hands, compared to its average daily volume 1.97 million shares. The company's CEO revealed its weak sales in Americas, Europe, and Asia market due to the global economic conditions. The third quarter earnings forecast was down about 9%. Pennystocksinsiders.com found company President and CEO, Dominic Orr, sold his shares at a price of US$22.21 on May 1, prior the price slump. The company's Chief Technology Officer, Keerti Melkote, sold his shares at a price of US$22.31 on the same day. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Aruba are starting to buy or sell more company shares. Check this insider trade report for ARUN here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/050813A/ARUN/ArubaNetworks.pdf
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): By the end of last trading session, Freeport-McMoRan Copper & Gold (NYSE: FCX) shares rose 0.38% (or US$0.12) to US$31.55 with about 17.26 million shares exchanged hands for the session, compared to its average volume of 19.43 million shares. The mining giant is offering US$14.75 per share to buy out Mcmoran Exploration Co as total value of US$3.4 billion. Pennystocksinsiders.com found company insiders purchased his/her shares at a price of US$31.48. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Freeport-McMoRan Copper & Gold are starting to buy or sell more company shares. See insider trade report for FCX here.
Baxter International Inc. (NYSE: BAX): By the end of last trading, Baxter International (NYSE: BAX) shares lost US$1.73 (or 2.46%) to US$68.58 with about 20.52 million shares exchanged hands for the session, compared to its average volume of 3.03 million shares. The company announced its recent quarter dividend is US$0.49 per share, which is 9% higher than prior ones. Pennystocksinsiders.com found company insiders sold his/her shares at a price of US$68.80. Want to know when company insiders will sell their shares? Want to monitor this company on an on-going basis?
Read Full Report: http://www.Pennystocksinsiders.com/PR/050813A/BAX/Baxter.pdf
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.
Frontier Communications Corp (NASDAQ: FTR):
Read Full Report: http://www.Pennystocksinsiders.com/PR/050813A/FTR/Frontier.pdf
Sprint Nextel Corporation (NYSE: S):
Read Full Report:http://www.Pennystocksinsiders.com/PR/050813A/S/SprintNextel.pdf
Halliburton Company (NYSE: HAL):
Read Full Report: http://www.Pennystocksinsiders.com/PR/050813A/HAL/Halliburton.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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