VANCOUVER, British Columbia, Aug. 20, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Citigroup (NYSE:C), Ann (NYSE:ANN), JPMorgan (NYSE:JPM), Forest Oil (NYSE:FST), Delta Air Lines (NYSE:DAL), and United States Steel (NYSE:X).
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Citigroup Inc. (NYSE:C): Citigroup Inc. (NYSE:C) shares began the trading session with a price of US$28.91 and throughout the session climbed to a high of US$29.10. When day-trade ended, the stock finally climbed 0.73% to US$29.03. The stock price crossed above the 50-day moving average in the last trading session. There were 27.33 million shares of Citigroup exchanging hands as compared to its average daily volume of 33.05 million shares. Citigroup has a market capitalization of US$85.13 billion with price range within US$21.40 - US$38.40 over the past 52 weeks. Are Citigroup insiders starting to take huge profits by selling shares or exercising stock options? Where do you think Citigroup will go from here? 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.Pennystocksinsiders.com/PR/082012B/C/Citigroup.pdf
Ann Inc. (NYSE:ANN): Abnormal trading volume of Ann Inc. (NYSE:ANN) was found on August 17 reaching 9.34 million shares, 13 times heavier than usual day trading. Shares of Ann soared 20.43% higher, moving up US$5.75 to US$33.89 per share. This is after the company released its second quarter fiscal 2012 financial results and raised its guidance for the full year of fiscal 2012. For the second quarter of fiscal 2012, operating income rose 27% to US$52.9 million in, from US$41.7 million in the second quarter of fiscal 2011. Net income was US$30.7 million in the second quarter of 2012, compared with US$24.8 million in the last year's quarter, an increase of 24%. Ann reported diluted earnings per share of US$0.63 for the latest quarter, an increase of 34% year-over-year. The company has a market capitalization of US$1.65 billion. Ann is a specialty retailer of women's apparel, shoes and accessories sold primarily under the Ann Taylor and LOFT brands. As Ann insiders such as CEOs, CFOs and Directors have better access to company non-public information, professional investors may want to know how company insiders are thinking about the future of the company. Check this insider trade report for ANN here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/082012B/ANN/Ann.pdf
JPMorgan Chase & Co. (NYSE:JPM): JPMorgan Chase & Co. (NYSE:JPM) will post its financial results for the third quarter of 2012 on October 12, 2012. Shares of JPMorgan began the trading session with US$37.20 and throughout the session declined to a low of US$36.80. Still, when day-trade ended, the stock dropped 0.32% to US$36.98. The company has a market capitalization of US$140.48 billion with price range within US$27.85 - US$46.49 over the past 52 weeks. Its price, as of the latest close, was up 32.8% compared with the 52-week low and was 25.7% below the 52-week high. Investors may want to find out how JPMorgan CEOs, CFOs and Directors are thinking about the future of the company. Want to monitor JPMorgan on an on-going basis? Check this insider trade report for JPMorgan here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/082012B/JPM/JPMorgan.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.
Forest Oil Corporation (NYSE:FST):
Read Full Report: http://www.Pennystocksinsiders.com/PR/082012B/FST/ForestOil.pdf
Delta Air Lines, Inc. (NYSE:DAL):
Read Full Report: http://www.Pennystocksinsiders.com/PR/082012B/DAL/DeltaAirLines.pdf
United States Steel Corporation (NYSE:X):
Read Full Report: http://www.Pennystocksinsiders.com/PR/082012B/X/UnitedStatesSteel.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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