Clorox Co. - CLX
Article Abstract:
Clorox Co.'s shares, which are currently priced at $120 each, have risen by 15%. The increase is attributed by some quarters to the financial report made by Clorox on Jan. 16, 1997 announcing excellent financial results. Some of its executives, however, have sold substantial amounts of the firm's stocks. Twelve executives have already sold a total of 75,553 shares in Jan 1997 at a value of $108.50-$116.50 per share while another has confirmed plans to sell 11,091 shares. The January sales is next only to the largest distribution of shares which occurred in 1996 when 103,089 shares were sold.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1997
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Newport News Shipbuilding - NNS
Article Abstract:
Newport News Shipbuilding and Dry Dock Co.'s (NNS) shares, which have traded between $13 to $16 since Dec. 1996, are expected to appreciate further due to a positive 1st qtr. gains and an impending partnership with General Dynamics. Nine company insiders have accumulated 23,253 shares from Mar. 4 to Apr. 24, 1997 at $14 each. NNS Chmn. and CEO William Fricks purchased 5,700 shares while VP Stephen Clarkson bought 3,478 shares. Officer Thomas Bradburn bought 5,000 shares while CFO David Anderson and VP John Shepard purchased 2,000 and 1,400 shares, respectively.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1997
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Amgen Inc. - AMGN
Article Abstract:
Amgen Inc.'s shares of stock, which is currently trading at the range of $55 to $65 each, is expected to increase due to the upcoming results of the clinical trials made on Leptin, an obesity drug. Despite this development, nine executives sold 241,941 shares priced from $55.75 to $63.31 per share in Nov. 1996 while eight company insiders disposed or filed to dispose of 368,385 shares at the range of $57 to $64.75 per share from Feb. 28 to May 14, 1997.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1997
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