VANCOUVER, British Columbia, April 16, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: SunTrust Banks (NYSE:STI), Pfizer (NYSE:PFE), Bank of New York Mellon (NYSE:BK), Taiwan Semiconductor (NYSE:TSM), Banco Santander (NYSE:STD), and Patriot Coal (NYSE:PCX).
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SunTrust Banks, Inc. (NYSE:STI): SunTrust Banks, Inc. (NYSE:STI) dropped US$0.97 per share (equivalent to 4.12%), where stock prices fell to US$22.58. The stock was traded above average volume with 19.34 million shares traded, 10 million shares more than its daily average. The company has a market capitalization of 12.18 billion. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in STI are starting to buy more company shares. See insider trade report for STI here.
Pfizer Inc. (NYSE:PFE): Pfizer Inc. (NYSE:PFE), OSI Pharmaceuticals Inc. and Genentech Inc. recently sued Roxane Laboratories Inc. because the company intends to sell generic copies of the lung-cancer drug Tarceva. As per an internal memo, Pfizer Inc. will chop its employee severance package after May 14 in order to reduce costs. By the end of last Friday's trading, Pfizer Inc. slipped 0.30% to US$21.85. There were 36.93 million shares of Pfizer Inc. exchanging hands as compared to its average daily volume of 34.82 million shares. Investors may want to find out how company insiders like Executive Officers and Directors are thinking about the future business prospects of the company. Check this insider trade report for PFE here.
The Bank of New York Mellon Corporation (NYSE:BK): The Bank of New York Mellon Corporation (NYSE:BK) reported that Chong Jin Leow has been appointed as Country Executive and General Manager of the company's Singapore branch. By market close, The Bank of New York Mellon Corporation shares ended lower by 3.47% to US$23.11 on over 8.50 million shares, above its 30-day average volume of 8.20 million shares. The company has a market capitalization of 27.76 billion. Do you want to know when company insiders will buy their shares? Want to add and monitor this company on an on-going basis? It can be done for free by registering below.
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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