Top Searched Stocks: Molycorp, Brocade, Symantec, Bristol-Myers Squibb, Ares Capital, and Best Buy
VANCOUVER, British Columbia, Aug. 20, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Molycorp (NYSE: MCP), Brocade (NASDAQ: BRCD), Symantec (NASDAQ: SYMC), Bristol-Myers Squibb (NYSE: BMY), Ares Capital (NASDAQ: ARCC), and Best Buy (NYSE: BBY).
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Molycorp, Inc. (NYSE: MCP): Shares of Molycorp, Inc. (NYSE: MCP) dropped 11.83% to US$9.84 and made a new 52-week low of US$9.75. Share prices of Molycorp have traded as high as US$9.75 per share and as low as US$58.74 in the past 52 weeks. Its price, as of the latest close, was up 0.9% compared with the 52-week low and was 497.0% below the 52-week high. There were 34.34 million stock shares traded, which was 8 times more than average volume. Molycorp, a rare earth oxide producer in the Western hemisphere, has a market capitalization of US$1.08 billion. Since Molycorp CEOs, CFOs and Directors have better access to company non-public information, Insiderslab.com thinks that investors would be wise to pay close attention to their stock trading behaviors. Check this insider trade report for MCP here.
Read Full Report: http://www.insiderslab.com/PR3/082012B/MCP/Molycorp.pdf
Brocade Communications Systems, Inc. (NASDAQ: BRCD): On August 16, Brocade Communications Systems, Inc. (NASDAQ: BRCD) announced its financial results for third fiscal quarter ended July 28, 2012. Revenue for the quarter was US$555.3 million, an increase of 10% year-over-year. On that same day, the Board of Directors of Brocade and CEO Michael A. Klayko also announced that Mr. Klayko plans to resign from his role as CEO once a successor is identified by the Board and a transition is completed. The Board said a search committee has been formed with a view to identify the best candidate to lead the next phase of Brocade's growth. During the search, Mr. Klayko will continue to serve as company CEO. Brocade shares rose 2.31%, hitting a high of US$5.85, compared to the company's 52-week low of US$3.31 and its 52-week high of US$6.17. In the last three months, Brocade insiders have sold a total of US$4.15 million in shares, which ranged in price from US$57.24 to US$60.48 each. Insiderslab.com refers insider trading data to professional investors since Brocade insiders have better access to company non-public information. Do you want to know when Brocade insiders will purchase their shares?
Read Full Report: http://www.insiderslab.com/PR3/082012B/BRCD/Brocade.pdf
Symantec Corporation (NASDAQ: SYMC): Insiderslab.com found Market Purchase made by company Independent Director -- Geraldine B. Laybourne on August 14, at stock price US$17.18. Disclose date: August 16. Shares of Symantec Corporation (NASDAQ: SYMC) began the trading session with a price of US$18.00 and throughout the session climbed to a high of US$18.88. By market close, the stock finally gained 0.11% to US$18.01. Symantec's low point in its 52-week range is US$13.06 per share, with US$18.88 as the 52-week high point. Symantec, a worldwide provider of security, storage, and systems management solutions, has a market capitalization of US$12.66 billion. Where do you think Symantec will go from here? Academic studies clarify that professional investors can get benefit from insider trading data. Want to trace Symantec on an on-going basis?
Read Full Report: http://www.insiderslab.com/PR3/082012B/SYMC/Symantec.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.
Bristol-Myers Squibb Company (NYSE: BMY)
Read Full Report: http://www.insiderslab.com/PR3/082012B/BMY/BristolMyersSquibb.pdf
Ares Capital Corporation (NASDAQ: ARCC)
Read Full Report: http://www.insiderslab.com/PR3/082012B/ARCC/AresCapital.pdf
Best Buy Co., Inc. (NYSE: BBY)
Read Full Report: http://www.insiderslab.com/PR3/082012B/BBY/BestBuy.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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