Most Active Stocks: Baidu.com, Under Armour, Arch Coal, Dendreon, United Continental Holdings, and Best Buy
Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Baidu.com (NASDAQ:BIDU), Under Armour (NYSE:UA), Arch Coal (NYSE:ACI), Dendreon (NASDAQ:DNDN), United Continental Holdings (NYSE:UAL), and Best Buy (NYSE:BBY).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Baidu.com, Inc. (ADR) (NASDAQ:BIDU): For the second quarter ended June 30, 2012, Baidu.com, Inc. (ADR) (NASDAQ:BIDU) reported total revenues were RMB5.456 billion (equivalent to US$858.8 million), up 59.8% from the same quarter of 2011. During the second quarter, operating profit was RMB2.815 billion (equivalent to US$443.1 million), increased 51.5% from the prior-year quarter. Net income attributable to Baidu, Inc. for the quarter was increased by 69.6% to RMB2.770 billion (equivalent to US$436.0 million), from RMB1.633 billion a year earlier. Shares of Baidu.com ended higher by 7.33% to US$114.95 on over 16.86 million shares, compared to its average volume of 4.03 million shares. In addition to quarterly reports, Insiderslab.com suggests that insider transactions can also greatly influence investment decisions. Check this insider trade report for BIDU here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/072512B/BIDU/Baiducom.pdf
Under Armour Inc. (NYSE:UA): Under Armour Inc. (NYSE:UA) shares soared 9.12% to US$52.79 and made a new 52-week high of US$55.00 in the last trading session. This is after the company’s releasing of financial results for the second quarter ended June 30, 2012. Under Armour showed net revenues for second-quarter 2012 were US$369 million, a growth of 27% from last year’s level. During the same quarter, net income was jumped by 7% to US$7 million, from a net income of US$6 million a year ago.
Since Under Armour insiders have better access to company non-public information, Pennystocksinsiders.com suggests investors to pay close attention to their stock trading behaviors. Check this insider trade report for UA here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/072512B/UA/UnderArmour.pdf
Arch Coal Inc. (NYSE:ACI): Arch Coal Inc. (NYSE:ACI), a coal producer, slipped 12.34% for the session to US$5.54. Its price, as of the latest close, was up 2.4% compared with the 52-week low and was 412.6% below the 52-week high. The stock traded 18.64 million shares in the last trading session, well above its daily average of 12.80 million shares. Do you think Arch Coal will rebound or continue to drop? Do you think now is a good time to sell the stock? Academic studies clarify that professional investors can get benefit from insider trading data.
Read Full Report: http://www.Pennystocksinsiders.com/PR/072512B/ACI/ArchCoal.pdf
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.
Dendreon Corporation (NASDAQ:DNDN):
Read Full Report: http://www.Pennystocksinsiders.com/PR/072512B/DNDN/Dendreon.pdf
United Continental Holdings Inc. (NYSE:UAL):
Read Full Report: http://www.Pennystocksinsiders.com/PR/072512B/UAL/UnitedContinentalHoldings.pdf
Best Buy Co., Inc. (NYSE:BBY):
Read Full Report: http://www.Pennystocksinsiders.com/PR/072512B/BBY/Best Buy.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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Editor: Janet Nan Jiang
Reported on Jul 25, 2012
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