VANCOUVER, British Columbia, May 31, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Citigroup (NYSE:C), UDR (NYSE:UDR), Home Depot (NYSE:HD), ConocoPhillips (NYSE:COP), Pep Boys - Manny, Moe & Jack (NYSE:PBY), and Great Wall Builders (OTC:GWBU).
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Report Highlights:
Citigroup Inc. (NYSE:C): Citigroup fell 3.77% to close at US$26 with more than 33.58 million shares traded, compared to its average volume of 41.18 million shares. The bank is planning to expand its business in India by expanding its credit card business and targeting to add one million new customers from the urban middle class by 2015. The company announced the appointment of Alexandra MacMahon as its new head of EMEA FIG debt capital markets, replacing Chris Lees, who left the company last week. On May 25, 2012, the bank said that it divested 404 million common shares or 10.10% stake in the Turkish lender for US$1.15 billion. The bank booked an after-tax loss of US$243 million on the transaction. Shares of Citigroup have fallen over 22% in the past one month. The stock has been moving within a range of US$21.40 and US$43.06 over the past 52 weeks. To increase investment return, Insiderslab.com refers insider trading data to professional investors as it believes that company insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when company insiders will buy their shares?
Read Full Report: http://www.insiderslab.com/PR3/053112B/C/Citigroup.pdf
UDR, Inc. (NYSE:UDR): UDR ended lower by US$0.76 or 2.86% to US$25.85 with more than 23.08 million shares traded, well above its average volume of 2.38 million shares after the company announced its decision of offering 19 million shares. The company priced its equity offering at US$25.70, signaling a 3.40% discount to its closing price in the previous trading session. The company is planning to use these funds to redeem preferred stock and payback some of its debt. On May 11, 2012, the company announced that David Messenger, Chief Financial Officer of the company, will leave the company on May 31. Late April, the company reported net operating profit jumped 8.10% in the first quarter 2012. Revenue during the same period jumped 5.10%, while same-store expenses fell 0.20%. Funds from Operations came in at US$83.5 million or US$0.35 a share, up from a year ago of Funds from Operations - US$56.8 million or US$0.30 a share. Excluding one time income, the company reported US$0.34 a share. Shares of the company have jumped about 3% so far this year and rose 1% over the past one year. The dividend yield of the stock is 3.40%. Since insiders such as 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 UDR here.
Read Full Report: http://www.insiderslab.com/PR3/053112B/UDR/UDR.pdf
The Home Depot, Inc. (NYSE:HD): Home Depot fell US$0.07 or 0.14% to close at US$49.71 on over 11.98 million shares, in line with average volume of 11.42 million shares. On May 22, 2012, the company's Director Armando M Codina bought 20,650 shares of the company at price of US$48.37. The company said that it generated US$17.81 billion in sales, which was up 5.90% year over year. Comparable-store sales jumped 5.80% internationally, while it surged 6.10% in the United States. Comparable-store sales surged 6.2 % in February, 6% in March and 5.4% in April. Home Depot earned US$1.04 billion, or 68 cents a share, up from a year ago profit of US$812 million, or 50 cents a share. Insiderslab.com believes that it is a clever way to check if insiders like CEOs, CFOs, and Directors in HD are starting to buy more company shares. See insider trade report for HD here.
Read Full Report: http://www.insiderslab.com/PR3/053112B/HD/HomeDepot.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.
ConocoPhillips (NYSE:COP):
Read Full Report: http://www.insiderslab.com/PR3/053112B/COP/ConocoPhillips.pdf
The Pep Boys - Manny, Moe & Jack (NYSE:PBY):
Read Full Report: http://www.insiderslab.com/PR3/053112B/PBY/PepBoys.pdf
Great Wall Builders, Ltd. (OTC:GWBU):
Read Full Report: http://www.insiderslab.com/PR3/053112B/GWBU/GreatWallBuilders.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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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.
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