VANCOUVER, British Columbia, July 23, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: SanDisk (NASDAQ:SNDK), Cemex (NYSE:CX), Starbucks (NASDAQ:SBUX), Cablevision Systems (NYSE:CVC), Google (NASDAQ:GOOG), and Activision Blizzard (NASDAQ:ATVI).
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SanDisk Corporation (NASDAQ:SNDK): In the last trading session, shares of SanDisk Corporation (NASDAQ:SNDK) soared 10.32% to US$38.70 with heavy volume, which was 4.6 times more than usual. This is after the company's second-quarter 2012 financial results releasing on July 19. For the second quarter, revenue was decreased by 25% to US$1.03 billion, from US$1.38 billion a year earlier. On a GAAP basis, the company reported a second quarter net income of US$13 million, or US$0.05 per diluted share. That is compared with a net income of US$248 million, or US$1.02 per diluted share, in the same quarter of fiscal 2011. On a non-GAAP basis, net income for the quarter was US$51 million, or US$0.21 per diluted share, compared with a net income of US$278 million, or US$1.14 per diluted share, a year ago. Moreover, the company says its third quarter looks strong, and that it expects revenue to be between US$1.15 billion and US$1.25 billion. But despite what looks to be a pretty picture for the company, President and CEO Sanjay Mehrotra is painting a different scene. On July 11, he sold 10,000 share valued at US$34.26 each, resulting in a profit of US$100,800. In the last three months, company insiders have sold a sold of US$2.36 million through insider trades. Since insiders have better access to company non-public information, Insiderslab.com suggests investors to pay close attention to their stock trading behaviors. Check this insider trade report for SNDK here.
Read Full Report: http://www.insiderslab.com/PR3/072312B/SNDK/SanDisk.pdf
Cemex S.A.B de C.V. (ADR) (NYSE:CX): Cemex S.A.B de C.V. (ADR) (NYSE:CX) showed its operating EBITDA for the second quarter of 2012 was increased by 11% to US$702 million, from a year ago. On a like-to-like basis, operating EBITDA increased by 22% in the same period. "This is the highest EBITDA generation since the third quarter of 2009 and the fourth consecutive quarter with a year-over-year EBITDA increase," said Fernando A. Gonzalez, Executive Vice President of Finance and Administration. Shares of Cemex trades have gone up 4.87% to US$7.11 with heavy volume traded. There were 35.38 million stock shares traded, which was 3.5 times more than average volume. Investors may want to find out how Cemex insiders like CEOs, CFOs and Directors are thinking about the future of the company. Check this insider trade report for CX here.
Read Full Report: http://www.insiderslab.com/PR3/072312B/CX/Cemex.pdf
Starbucks Corporation (NASDAQ:SBUX): Starbucks Corporation's (NASDAQ:SBUX) first company-owned manufacturing facility is commencing in Augusta, Georgia. Starbucks said the US$172 million plant will be completed in early 2014 and bring 140 high-quality American manufacturing jobs, in addition to hundreds of indirect jobs related to construction, shipping and other supply chain functions. The company is scheduled to post its financial results for third quarter fiscal year 2012 on Thursday, July 26, 2012. Shares of Starbucks ended lower by US$2.24 (or -4.13%) to US$51.96 with more than 11.74 million shares exchanged hands for the session, compared to its usual volume of 6.32 million shares. Do you think Starbucks will rebound or continue to drop? Do you think now is a good time to sell the stock? Investors could get an idea by checking this insider trade report for SBUX here.
Read Full Report: http://www.insiderslab.com/PR3/072312B/SBUX/Starbucks.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.
Cablevision Systems Corporation (NYSE:CVC):
Read Full Report: http://www.insiderslab.com/PR3/072312B/CVC/CablevisionSystems.pdf
Google Inc. (NASDAQ:GOOG):
Read Full Report: http://www.insiderslab.com/PR3/072312B/GOOG/Google.pdf
Activision Blizzard, Inc. (NASDAQ:ATVI):
Read Full Report: http://www.insiderslab.com/PR3/072312B/ATVI/ActivisionBlizzard.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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