VANCOUVER, British Columbia, Nov. 16, 2012 /PRNewswire/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and equity research for the following companies: NetApp (NASDAQ:NTAP), General Electric (NYSE:GE), Staples (NASDAQ:SPLS), Exxon Mobil (NYSE:XOM), Marathon Oil (NYSE:MRO), and eBay (NASDAQ:EBAY).
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Report Highlights:
NetApp Inc. (NASDAQ:NTAP): For the second quarter of fiscal year 2013, NetApp Inc. (NASDAQ:NTAP) reported GAAP net income of US$110 million (or US$0.30 per share), compared with US$166 million (or US$0.44 per share) for the same quarter of fiscal year 2012. Shares of NetApp soared 11.35% to US$30.20 on hefty volume of 22.81 million shares, above its average volume of 7.17 million shares. Do you think now is a good time to buy or sell the stock? See insider trade report for NTAP here.
General Electric Company (NYSE:GE): GE Healthcare, the healthcare division of General Electric Company (NYSE:GE), announced on November 9 that it has agreed to acquire U-Systems, Inc., a manufacturer of ultrasound products specifically designed for breast applications. Financial terms of the deal were not disclosed. The stock jumped 0.25% in the session to US$20.06. Did General Electric insiders buy their shareholdings before the stock price jumped? Check out the insider trade report here.
Staples, Inc. (NASDAQ:SPLS): For the third quarter ended October 27, 2012, Staples, Inc. (NASDAQ:SPLS) reported GAAP net loss of US$569 million (or US$0.85 per share), compared with net income of US$324 million (or US$0.46 per diluted share) for the third quarter of 2011. Shares of Staples rebounded 3.25% (or US$0.38) to US$11.92 in the last trading session. Are Staples insiders starting to take huge profits by selling shares or exercising stock options? Add SPLS into your watch list for insider trade now.
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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