Today's Market Focus: Hudson City, Bank of America, eBay, Ford, Dollar Thrifty Automotive Group, and LSI
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).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Report Highlights:
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 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 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):
Read Full Report: http://www.insiderslab.com/PR3/082812A/DTG/DollarThriftyAutomotiveGroup.pdf
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.
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 28, 2012
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Today's Notable Trades
HYPERION THERAPEUTICS INC (HPTX)
Senior Officer (SVP & Chief Medical Officer): Scharschmidt Bruce Frederick
Acquired 13,402 Common Stock (Non-Derivative security at $7.310) on May 22, 2013. Direct holding 70,909 shares/units after transaction. Holdings increased 23.30%.
Filing date: May 24, 2013. Record updated at 22:25:49.
SALESFORCE COM INC (CRM)
Senior Officer (EVP, Customers for Life & CGO): Martinez Maria
Sold 2,490 Common Stock (Non-Derivative security at $43.110) on May 23, 2013. Direct holding 2,254 shares/units after transaction. Holdings decreased -52.49%.
Filing date: May 24, 2013. Record updated at 22:25:36.
Google Inc. (GOOG)
First-Class Insider (Executive Chairman of Board): SCHMIDT ERIC E
Sold 6,901 Class A Common Stock (Non-Derivative security at $871.630) on May 24, 2013. Indirect holding 53,579 shares/units after transaction. Holdings decreased -11.41%.
Filing date: May 24, 2013. Record updated at 22:23:34.
IXYS CORP /DE/ (IXYS)
Director: FEUCHT DONALD L
Acquired 6,600 Common Stock (Non-Derivative security at $8.610) on May 22, 2013. Direct holding 9,153 shares/units after transaction. Holdings increased 258.52%.
Filing date: May 24, 2013. Record updated at 22:23:16.
ServiceNow, Inc. (NOW)
First-Class Insider (PRESIDENT & CEO): Slootman Frank
Sold 5,100 Common Stock (Non-Derivative security at $38.557) on May 22, 2013. Indirect holding 32,400 shares/units after transaction. Holdings decreased -13.60%.
Filing date: May 24, 2013. Record updated at 22:20:30.
MASIMO CORP (MASI)
Director: Coleman Robert
Acquired 59,400 Common Stock (Non-Derivative security at $2.750) on May 22, 2013. Direct holding 129,600 shares/units after transaction. Holdings increased 84.62%.
Filing date: May 24, 2013. Record updated at 22:11:21.
TEJON RANCH CO (TRC)
First-Class Insider (President / CEO): STINE ROBERT A
Sold 13,100 Tejon Ranch Co. Common Stock (Non-Derivative security at $30.028) on May 24, 2013. Direct holding 33,025 shares/units after transaction. Holdings decreased -28.40%.
Filing date: May 24, 2013. Record updated at 22:11:08.
Cyclacel Pharmaceuticals, Inc. (CYCC)
First-Class Insider (President & C.E.O.): Rombotis Spiro George
Acquired 100,000 Common Stock, $0.001 par value per share (Non-Derivative security at $3.000) on May 21, 2013. Direct holding 241,416 shares/units after transaction. Holdings increased 70.71%.
Filing date: May 24, 2013. Record updated at 22:09:07.
Cornerstone OnDemand Inc (CSOD)
Director: BURLINGAME HAROLD W
Acquired 11,870 Common Stock (Non-Derivative security at $1.260) on May 22, 2013. Direct holding 45,120 shares/units after transaction. Holdings increased 35.70%.
Filing date: May 24, 2013. Record updated at 22:08:26.
MCKESSON CORP (MCK)
Senior Officer (EVP,GC & Chief Compl. Officer): Seeger Laureen
Sold 17,250 Common Stock (Non-Derivative security at $116.500) on May 24, 2013. Direct holding 0 shares/units after transaction. Holdings decreased -100.00%.
Filing date: May 24, 2013. Record updated at 22:07:18.
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