NEW YORK - A director of medical device maker Cyberonics Inc. exercised options for 25,000 shares of common stock, according to Securities and Exchange Commission filings Monday.
| CYBX | 14.39 |
In Form 4s filed with the SEC, Michael J. Strauss reported exercising the options on Thursday for $7.94 apiece and then selling the same number of shares on the same day for $21 to $21.73 apiece.
Strauss also reported buying 13,000 shares on Thursday for $11.47 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Cyberonics is based in Houston.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.


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