VANCOUVER, British Columbia, June 5, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Chesapeake Energy (NYSE:CHK), Vale (NYSE:VALE), Cheniere Energy (AMEX:LNG), Charles Schwab (NYSE:SCHW), Yahoo! (NASDAQ:YHOO), and BB&T (NYSE:BBT).
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Report Highlights:
Chesapeake Energy Corporation (NYSE:CHK): Chesapeake Energy soared US$0.94 (or rose 6.03%) to US$16.52 with more than 37.91 million shares, compared to its average volume of 45.44 million shares. The company decided to replace its four existing directors after seeing heavy pressure from its shareholders. The company said that it will announce the replacement on or before June 22 and did not provide any further information about which directors are going to step down from the company. The company has been under pressure over the past few months as prices of natural gas have slumped to multi-year low on high inventory. The company generates majority of its income from sales of natural gas and falling prices have affected its profitability. Moreover, as per the company's advisers, the company has been looking to divest 337,000 acres of its holdings in Ohio in order to improve its liquidity position. The company has targeted to sell its assets to the extent of US$11.5 billion in order to meet its debt obligation of US$9 billion to US$10 billion, which is about to expire this year. Shares of the company are down over 26% so far this year and slumped over 46% over the past one year. Over the past 52 weeks, the stock has been moving within a range of US$13.32 and US$35.75. As per the latest dividend of 9 cents a share, the stock has a dividend yield of 2.12%. Are insiders starting to take huge profits by buying shares or exercising stock options? 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/060512B/CHK/Chesapeake.pdf
Vale S.A. (ADR) (NYSE:VALE): Vale slid 0.55% to US$17.96 with more than 17.82 million shares exchanged hands, compared to its average volume of 21.89 million shares. The company is considering acquiring German steelmaker ThyssenKrupp's steel plants in Brazil and the US. As per reports from Reuters, the company currently holds 26.90% in the ThyssenKrupp's CSA steel-slabs plant in Rio Janeiro and is looking to raise its stake, but do not plan to acquire the majority stake. Last week, the company declared force majeure at its Carborough Downs coking coal mine in Queensland, Australia. The decision was made after finding unusual levels of carbon monoxide at the site. Last week, the company reached an agreement to sell its thermal coal assets in Colombia for US$407 million to a unit of Goldman Sachs Group Inc. Shares of the company are down over 16% so far this year and slumped over 43% over the past one year. Over the past 52 weeks, the stock has been moving within a range of US$17.62 to US$33.74. As per the latest dividend of 59 cents a share, the stock has a dividend yield of 6.42%. The stock has a beta of 1.56. Do you want to spend less time on picking stocks and raise your return at the same time? Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to trace the activities of company insiders from now on?
Read Full Report: http://www.Pennystocksinsiders.com/PR/060512B/VALE/Vale.pdf
Cheniere Energy, Inc. (AMEX:LNG): Cheniere Energy (NYSE:LNG) shares have been tumbling lately, while the company CEO appears to be unloading shares as the bad news keeps coming for the liquefied natural gas (LNG) extractor. According to recent insider trading information, Chenier chairman, CEO and President Charif Souki has sold off millions of dollars in stock last month. During the month of May, Souki sold more than US$3.42 million in shares. On May 17, 130,000 shares valued at US$14.77 were sold, while another 100,000 share were sold for US$15.01 each on May 25. In the last three months, company insiders have sold off US$5.58 million in shares. Do you want to spend less time on picking stocks and raise your return at the same time? Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to trace the activities of company insiders from now on?
Read Full Report: http://www.Pennystocksinsiders.com/PR/060512B/LNG/CheniereEnergy.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.
Charles Schwab Corp (NYSE:SCHW):
Read Full Report: http://www.Pennystocksinsiders.com/PR/060512B/SCHW/CharlesSchwab.pdf
Yahoo! Inc. (NASDAQ:YHOO):
Read Full Report: http://www.Pennystocksinsiders.com/PR/060512B/YHOO/Yahoo.pdf
BB&T Corporation NYSE:BBT):
Read Full Report: http://www.Pennystocksinsiders.com/PR/060512B/BBT/BBT.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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