Most Active Stocks: Plains Exploration & Production, Molycorp, International Paper, Pandora Media, Colgate-Palmolive, and Petroleo Brasileiro Petrobras SA
Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Plains Exploration & Production (NYSE:PXP), Molycorp (NYSE:MCP), International Paper (NYSE:IP), Pandora Media (NYSE:P), Colgate-Palmolive (NYSE:CL), and Petroleo Brasileiro Petrobras SA (NYSE:PBR.A).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Report Highlights:
Plains Exploration & Production Company (NYSE:PXP): On September 10, Plains Exploration & Production Company (NYSE: PXP) announced that it will acquire from BP Exploration & Production Inc. and BP America Production Company all of their interests in certain deepwater Gulf of Mexico oil and gas properties in exchange of US$5.55 billion. This transaction is effective October 1, 2012 and is expected to close by the end of the year. In a separate statement Monday, Plains Exploration & Production said it also agreed to acquire from Shell Offshore Inc. its 50% working interest in the Holstein Field for US$560 million. Following the news, shares of Plains Exploration & Production plunged US$4.24 (or -10.51%) to US$36.09 on hefty volume of 16.88 million shares, which was 10 times more than usual. The independent oil and gas company has a market capitalization of US$4.66 billion with price range within US$20.25 - US$47.13 over the past 52 weeks. Do you think the stock will rebound soon? Observing comprehensive analysis of Plains Exploration & Production could help investors avoid big lost in investment. Check insider trade report for PXP here.
Read Full Report: http://www.insiderslab.com/PR3/091112A/PXP/PlainsExplorationProduction.pdf
Molycorp, Inc. (NYSE:MCP): In the last three months, Molycorp, Inc. (NYSE:MCP) officials have sold a total of US$71.25 million in shares, which ranged in price from US$10.00 to US$20.50 each. Molycorp shares began the trading session with a price of US$12.08 and throughout the session soared to a high of US$12.78. Still, when day-trade ended, the stock finally dipped as much as 0.08% to US$11.93. Its price, as of the latest close, was up 27% compared with the 52-week low and was 384% below the 52-week high. Molycorp was traded above average volume with 13.76 million shares traded, 4.64 million shares more than its daily average. Insiderslab.com refers insider trading data to professional investors as it believes that Molycorp insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when Molycorp insiders will buy their shares?
Read Full eport: http://www.insiderslab.com/PR3/091112A/MCP/Molycorp.pdf
International Paper Company (NYSE:IP): Insiderslab.com recently found four insiders trading: A substantial Market Option Sale made by company Senior Vice President, Chief Information Officer -- John N. Balboni on September 6, at stock price US$35.52 for about US$266,440. Disclose date: September 6. Insiderslab.com also found company Chairman of the Board, Chief Executive Officer, John V. Faraci, sold 55,500 shares on September 7, at stock price US$36.00 for about US$1.998 million. Disclose date: September 10. On that same day, company Senior Vice President, Industrial Packaging, Mark S. Sutton, sold 4,991 shares at stock price US$36.25 for about US$180,920. In addition, Tommy S. Joseph, company Senior Vice President - Manufacturing, Technology, EHS&S and Global Sourcing, sold 5,000 shares on September 7, valued at US$36.00 each. Shares of International Paper Company (NYSE:IP) has gapped open sharply lower Monday and was down 4.16% at US$34.79. International Paper’s market capitalization after the recent close was US$15.21 billion. 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/PR3/091112A/IP/InternationalPaper.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.
Pandora Media Inc. (NYSE:P):
Read Full Report: http://www.insiderslab.com/PR3/091112A/P/PandoraMedia.pdf
Colgate-Palmolive Company (NYSE:CL):
Read Full Report: http://www.insiderslab.com/PR3/091112A/CL/ColgatePalmolive.pdf
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR.A):
Read Full Report: http://www.insiderslab.com/PR3/091112A/PBR/PetroleoBrasileiroPetrobrasSA.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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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 Sep 11, 2012
More Insider News ...
Today's Notable Trades
TEJON RANCH CO (TRC)
First-Class Insider (President / CEO): STINE ROBERT A
Sold 6,664 Tejon Ranch Co. Common Stock (Non-Derivative security at $29.980) on May 23, 2013. Direct holding 46,125 shares/units after transaction. Holdings decreased -12.62%.
Filing date: May 23, 2013. Record updated at 11:18:13.
INDEPENDENT BANK CORP (INDB)
Senior Officer (Executive Vice President): Nadeau Gerard F
Sold 5,100 Common Stock (Non-Derivative security at $33.212) on May 22, 2013. Direct holding 38,346 shares/units after transaction. Holdings decreased -11.74%.
Filing date: May 24, 2013. Record updated at 11:17:54.
New Mountain Finance Corp (NMFC)
Director: Ogens David
Acquired 6,000 Common Stock (Non-Derivative security at $15.100) on May 23, 2013. Direct holding 18,680 shares/units after transaction. Holdings increased 47.32%.
Filing date: May 24, 2013. Record updated at 11:17:41.
BRADY CORP (BRC)
Senior Officer (CIO & VP - Digital Business): Curran Bentley
Acquired 2,000 Class A Common Stock (Non-Derivative security at $22.633) on May 22, 2013. Direct holding 5,976 shares/units after transaction. Holdings increased 50.30%.
Filing date: May 24, 2013. Record updated at 11:14:07.
GRACO INC (GGG)
Senior Officer (Vice President): Zumbolo Brian J
Acquired 26,000 Common Stock (Non-Derivative security at $20.800) on May 23, 2013. Direct holding 27,783 shares/units after transaction. Holdings increased 1,458.22%.
Filing date: May 24, 2013. Record updated at 11:13:40.
METTLER TOLEDO INTERNATIONAL INC/ (MTD)
First-Class Insider (President and CEO): FILLIOL OLIVER A
Acquired 2,500 Common Stock, par value $0.01 per share (Non-Derivative security at $37.560) on May 22, 2013. Direct holding 18,779 shares/units after transaction. Holdings increased 15.36%.
Filing date: May 24, 2013. Record updated at 11:13:00.
CREE INC (CREE)
Senior Officer (EXECUTIVE VICE PRESIDENT): MITCHELL TYRONE D JR
Acquired 25,000 COMMON STOCK (Non-Derivative security at $35.890) on May 22, 2013. Direct holding 73,761 shares/units after transaction. Holdings increased 51.27%.
Filing date: May 24, 2013. Record updated at 11:12:46.
RUSH ENTERPRISES INC \TX\ (RUSH)
Director: MARSHALL HAROLD D
Sold 4,000 Class A Common Stock (Non-Derivative security at $26.656) on May 23, 2013. Direct holding 16,440 shares/units after transaction. Holdings decreased -19.57%.
Filing date: May 24, 2013. Record updated at 11:10:39.
ITT Corp (ITT)
Senior Officer (CEO and President): Ramos Denise L
Acquired 43,829 Common Stock (Non-Derivative security at $25.754) on May 22, 2013. Direct holding 300,517 shares/units after transaction. Holdings increased 17.07%.
Filing date: May 23, 2013. Record updated at 11:09:58.
EMC INSURANCE GROUP INC (EMCI)
Senior Officer (Vice President): Lovell Michael Alan
Acquired 1,500 EMCI-Common Stock (Non-Derivative security at $22.280) on May 22, 2013. Direct holding 2,500 shares/units after transaction. Holdings increased 150.00%.
Filing date: May 24, 2013. Record updated at 11:08:51.
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