VIDEO: Friday 1/11 Insider Buying Report: INSM, FC

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

VIDEO: Wells Fargo Announces Earnings

Wells Fargo (WFC) announce that earnings for the fourth quarter increased by 24 percent due to increased leading and better revenue. The company earned $5.09 billion, or 91 cents per share, up from $4.11 billion, or 73 cents per share, in the same period last year, beating estimates of 89 cents per share.

VIDEO: What to Watch: January 10, 2013

Morgan Stanley (NYSE:MS) could be cutting some 1,600 jobs at its securities unit, according to sources familiar with the matter. The layoffs are just the start of a wider effort to cut costs in the face of new regulations and capital standards.