VANCOUVER, British Columbia, June 8, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Citigroup (NYSE:C), Lululemon Athletica (NASDAQ:LULU), Cisco (NASDAQ:CSCO), Petroleo Brasileiro S.A. (NYSE:PBR), Verizon (NYSE:VZ), and NVIDIA (NASDAQ:NVDA).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Report Highlights:
Citigroup Inc. (NYSE:C): Share price of Citigroup has gone on the slide for about US$0.24 (or 0.88%) to US$26.90 on 34.97 million shares traded, compare to its average volume of 40.93 million. Recently, Citigroup released a white paper entitled, "Enabling Financial Advisors to Control UMAs by Eliminating Managed Account Silos: Separating the Provision of Advice from Portfolio Administration and Execution". In the whitepaper, it indicated that the administration and rebalancing should be basic capabilities of the advisor's platform, separate from the provision of asset allocation or product selection advice now often provided by third party overlay managers. It can increase growth and reduce cost of UMAs. Academic studies clarify that professional investors can possibly benefit from insider trading data. Do you want to trace this company on an on-going basis? It can be done for free by registering below.
Read Full Report: http://www.insiderslab.com/PR3/060812A/C/Citigroup.pdf
Lululemon Athletica Inc. (NASDAQ:LULU): Shares of Lululemon Athletica Inc. (NASDAQ:LULU) dropped despite a 40 percent rise in profit, a drop that came as company insiders sold off millions of dollars in shares. According to The Wall Street Journal, the yoga clothing company said its second-quarter revenue will be between US$273 million and US$278 million, with earnings expected to be between 28 cents a share and 30 cents a share. In the quarter ended April 29, the company reported a profit of US$46.6 million, or 32 cents a share, higher than the US$33.4 million (or 23 cents a share) reported in the same period a year earlier. The company stated that the increased earnings came from an effort to lift inventory of its most popular products. "Our strategy to increase inventory levels led to strong revenue growth and earnings performance in the first quarter as our guests responded well to our spring styles and colors," said chief executive Christine Day. During last 3 months, company insiders have sold off a total of US$31.47 million in shares, valued between US$71.13 and US$80.58 each, according to insider trading reports filed with the SEC. 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.insiderslab.com/PR3/060812A/LULU/LululemonAthletica.pdf
Cisco Systems Inc. (NASDAQ:CSCO): Cisco unveiled on June 7 its newest mobile network platform, the ASR 5500, which it says will be the foundation for all of its mobile internet networks. According to Data Center Knowledge, the system was designed to accommodate for worldwide internet network traffic, which is expected to jump nearly 18-fold between 2011 and 2016. "Change in the use of mobile networks is challenging network architects to build flexibility and elasticity into the mobile multimedia core in order to control its cost," said Michael Kennedy, principal analyst at ACG Research. "Our analysis of the Cisco ASR 5500 multimedia core solution compared to a leading competitor's solution finds that TCO savings are up to 47 percent lower than the competitor." According to publicly available insider trading information, company insiders have sold US$9.92 million in shares in the last three months. Why do you think the company is selling off as it unveils a new product? Do you think now is a good time to buy or sell Cisco stock? Insiderslab.com believes that it is a clever way to check if insiders like CEOs, CFOs, and Directors in CSCO are starting to buy more company shares. See insider trade report for CSCO here.
Read Full Report: http://www.insiderslab.com/PR3/060812A/CSCO/Cisco.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.
Petroleo Brasileiro S.A. (ADR) (NYSE:PBR):
Read Full Report: http://www.insiderslab.com/PR3/060812A/PBR/PetroleoBrasileiroSA.pdf
Verizon Communications Inc. (NYSE:VZ):
Read Full Report: http://www.insiderslab.com/PR3/060812A/VZ/Verizon.pdf
NVIDIA Corporation (NASDAQ:NVDA):
Read Full Report: http://www.insiderslab.com/PR3/060812A/NVDA/NVIDIA.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
About Insiderslab.com:
Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore. Insiderslab.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.
Important Disclaimer:
Please visit insiderslab.com/disclaimers/disclaimers.php for details.
