Insider Hot Stocks: Coach, Lowe's, Goodyear Tire & Rubber, Arch Coal, Arena Pharmaceuticals, and ConocoPhillips
Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Coach (NYSE:COH), Lowe's (NYSE:LOW), Goodyear Tire & Rubber (NYSE:GT), Arch Coal (NYSE:ACI), Arena Pharmaceuticals (NASDAQ:ARNA), and ConocoPhillips (NYSE:COP).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Report Highlights:
Coach, Inc. (NYSE:COH): Abnormal trading volume of Coach, Inc. (NYSE:COH) was found on July 31 reaching 34.40 million shares, 9 times heavier than usual day trading. Shares of Coach plummeted US$11.25 (or -18.57%) to US$49.33, their worst single-day performance since just after the September 11, 2001. The dive of Coach share is after the company’s releasing of its fourth fiscal quarter and fiscal year financial results. For fourth fiscal quarter ended June 30, 2012, the company reported sales were increased by 12% to US$1.16 billion, from sales of US$1.03 billion in the same fiscal quarter of 2011. Net income for the quarter was US$251 million, or earnings per diluted share of US$0.86, compared with net income of US$202 million, or earnings per diluted share of US$0.68, a year earlier. However, in North America, an increasingly promotional environment led to lower growth than expected in factory stores, Chairman and Chief Executive Officer Lew Frankfort stated. Insiderslab.com refers insider trading data to professional investors as it believes that Coach insiders have a better understanding about the company's prospects. Do you want to know when Coach insiders will buy their shares?
Read Full Report: http://www.insiderslab.com/PR3/080112A/COH/Coach.pdf
Lowe's Companies, Inc. (NYSE:LOW): On July 31, Lowe's Companies, Inc. (NYSE:LOW) announced that the company has made a non-binding proposal to the Board of Directors of Canadian home improvement and hardware retailer RONA Inc. to buy all of the issued and outstanding common shares of RONA for C$14.50 in cash per share. The non-binding proposal was delivered to RONA Board Chairman Mr. Robert Paré, on July 8th, 2012. RONA's Board asked Lowe's for additional time to consider the proposal but, subsequently, rejected it. By the end of Tuesday’s trading, Lowe's shares closed lower by US$1.49 (or -5.55%) to US$25.37 with more than 22.72 million shares exchanged hands for the session, compared to its average volume of 12.96 million shares. Lowe's Companies, Inc. has a market capitalization of US$29.85 billion with price range within US$18.07 - US$32.29 over the past 52 weeks. Investors may want to find out how Lowe's insiders like CEOs, CFOs and Directors are thinking about the future of the company. Check this insider trade report for LOW here.
Read Full Report: http://www.insiderslab.com/PR3/080112A/LOW/Lowes.pdf
The Goodyear Tire & Rubber Company (NYSE:GT): For the second quarter of 2012, The Goodyear Tire & Rubber Company (NYSE:GT) reported net income available to common shareholders was US$85 million, up from US$40 million in the 2011 quarter. Net sales for the same quarter were US$5.15 billion, dropped from net sales of US$5.62 billion, in the prior-year quarter. By market close, shares of Goodyear Tire & Rubber trades have gone up 10.41% to US$11.45 with heavy volume traded, which was 2.6 times more than usual. In addition to quarterly reports, Insiderslab.com suggests that Goodyear Tire & Rubber insider transactions can also greatly influence investment decisions. Academic studies have shown that company insiders traditionally make higher investment returns than ordinary investors.
Read Full Report: http://www.insiderslab.com/PR3/080112A/GT/GoodyearTireRubber.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.
Arch Coal Inc. (NYSE:ACI):
Read Full Report: http://www.insiderslab.com/PR3/080112A/ACI/ArchCoal.pdf
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA):
Read Full Report: http://www.insiderslab.com/PR3/080112A/ARNA/ArenaPharmaceuticals.pdf
ConocoPhillips (NYSE:COP):
Read Full Report: http://www.insiderslab.com/PR3/080112A/COP/ConocoPhillips.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
About Insiderslab.com:
Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore. Insiderslab.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.
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SOURCE Insiderslab.com; Insiders.hk
Editor: Janet Nan Jiang
Source:
insiderslab.com
www.insiderslab.com
Reported on Aug 1, 2012
More Insider News ...
Today's Notable Trades
TRIMAS CORP (TRS)
Senior Officer (President Cequent Performance): Benson Thomas M
Sold 5,655 Common Stock (Non-Derivative security at $31.750) on May 15, 2013. Indirect holding 33,726 shares/units after transaction. Holdings decreased -14.36%.
Filing date: May 17, 2013. Record updated at 22:50:44.
WEST MARINE INC (WMAR)
Director: RAMBO BARBARA L
Acquired 4,500 Common Stock (Non-Derivative security at $5.770) on May 15, 2013. Direct holding 18,457 shares/units after transaction. Holdings increased 32.24%.
Filing date: May 17, 2013. Record updated at 22:50:30.
AMERIPRISE FINANCIAL INC (AMP)
Senior Officer (EVP Corp Comm/Cmnity Rltns): McGraw Deirdre Davey
Acquired 4,447 Common Stock (Non-Derivative security at $43.655) on May 15, 2013. Direct holding 25,670 shares/units after transaction. Holdings increased 20.95%.
Filing date: May 17, 2013. Record updated at 22:50:17.
Jive Software, Inc. (JIVE)
Senior Officer (SVP, Worldwide Sales): McCracken John
Acquired 20,000 Common Stock (Non-Derivative security at $0.530) on May 15, 2013. Direct holding 140,000 shares/units after transaction. Holdings increased 16.67%.
Filing date: May 16, 2013. Record updated at 22:49:50.
lululemon athletica inc. (LULU)
First-Class Insider: Wilson Dennis J.
Sold 159,188 Common Stock (Non-Derivative security at $81.404) on May 15, 2013. Direct holding 2,141 shares/units after transaction. Holdings decreased -98.67%.
Filing date: May 17, 2013. Record updated at 22:48:14.
MAXIM INTEGRATED PRODUCTS INC (MXIM)
Senior Officer (Chief Technology Officer): PARVARANDEH PIROOZ
Sold 18,814 Common Stock (Non-Derivative security at $31.316) on May 16, 2013. Direct holding 112,469 shares/units after transaction. Holdings decreased -14.33%.
Filing date: May 17, 2013. Record updated at 22:42:58.
ZIONS BANCORPORATION /UT/ (ZION)
Director: HEANEY J DAVID
Sold 9,128 Common Stock (Non-Derivative security at $26.960) on May 15, 2013. Direct holding 15,486 shares/units after transaction. Holdings decreased -37.08%.
Filing date: May 17, 2013. Record updated at 22:42:44.
TRULIA, INC. (TRLA)
Senior Officer (Chief Operations Officer): Levine Paul M.
Acquired 25,000 Common Stock (Non-Derivative security at $4.290) on May 16, 2013. Direct holding 71,619 shares/units after transaction. Holdings increased 53.63%.
Filing date: May 17, 2013. Record updated at 22:41:44.
DISH Network CORP (DISH)
Senior Officer (EVP and CFO): Olson Robert E
Sold 60,000 Class A Common Stock (Non-Derivative security at $38.810) on May 16, 2013. Direct holding 0 shares/units after transaction. Holdings decreased -100.00%.
Filing date: May 17, 2013. Record updated at 22:38:42.
KLA TENCOR CORP (KLAC)
First-Class Insider (President and CEO): WALLACE RICHARD P
Sold 25,000 Common Stock (Non-Derivative security at $54.340) on May 15, 2013. Indirect holding 13,838 shares/units after transaction. Holdings decreased -64.37%.
Filing date: May 17, 2013. Record updated at 22:38:28.
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