Brian Rogers, CIO of T. Rowe Price and manager of its Equity Income Fund, said that he continues to focus on dividend-paying stocks with appealing market valuations. With earnings growth likely to slow in coming months, dividends are increasingly important as an essential element of stock market performance, he said. This is buys and sells during the third quarter.
Brian Rogers buys American Express Company, The Boeing Company, Nucor Corp., Goldman Sachs Group Inc. The, Macy's Inc., Tyco Electronics Ltd., WPP Group plc, The Hartford Financial Services Group In, sells Comcast Corp., AnheuserBusch Companies Inc., Automatic Data Processing Inc., Campbell Soup Company, Genworth Financial Inc., Mercury General Corp., UST Inc., Waste Management Inc. during the 3-months ended 09/30/2008, according to the most recent filings of his investment company, T Rowe Price Equity Income Fund. Brian Rogers owns 124 stocks with a total value of $17.9 billion. These are the details of the buys and sells.
New Purchases: AXP, BA, GS, HIG, M, NUE, TEL, WPPGY,
Added Positions: AA, AIB, BAC, EBAY, FO, HD, JPM, MER, MGM, MRK, NCC, SLM, UPS, WFC, WFMI,
Reduced Positions: AIG, GIS, JNJ, LUV, SLB,
Sold Out: ADP, BUD, CMCSA, CPB, GNW, MCY, UST, WMI,
For the details of Brian Rogers's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Brian+Rogers
Added: Merrill Lynch & Co. Inc. (MER, Financial)
Brian Rogers added to his holdings in Merrill Lynch & Co. Inc. by 77.23%. His purchase prices were between $17.05 and $30.71, with an estimated average price of $26.9. The impact to his portfolio due to this purchase was 0.39%. His holdings were 10,190,488 shares as of 09/30/2008.
Merrill Lynch & Co. Inc. is one of the world's leading financial management and advisory companies with offices in numerous countries. The firm is a global underwriter and market maker of debt and equity securities and a strategic advisor to corporations governments institutions and individuals worldwide. (Company Press Release) Merrill Lynch & Co. Inc. has a market cap of $29.81 billion; its shares were traded at around $18.35 . The dividend yield of Merrill Lynch & Co. Inc. stocks is 8.89%.
Added: JPMorgan Chase & Co. (JPM, Financial)
Brian Rogers added to his holdings in JPMorgan Chase & Co. by 11.76%. His purchase prices were between $32.91 and $47.87, with an estimated average price of $39.7. The impact to his portfolio due to this purchase was 0.38%. His holdings were 14,250,000 shares as of 09/30/2008.
J.P. Morgan Chase & Co. is a leading global financial services firm. The firm is a leader in investment banking asset management private banking private equity custody and transaction services and retail and middle market financial services. A component of the Dow Jones Industrial Average JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate institutional and government clients. JPMorgan Chase & Co. has a market cap of $148.11 billion; its shares were traded at around $40.49 with a P/E ratio of 18.31 and P/S ratio of 2.96. The dividend yield of JPMorgan Chase & Co. stocks is 3.65%.
Added: Bank of America Corp. (BAC, Financial)
Brian Rogers added to his holdings in Bank of America Corp. by 38.21%. His purchase prices were between $21.24 and $37.48, with an estimated average price of $30.3. The impact to his portfolio due to this purchase was 0.38%. His holdings were 7,256,262 shares as of 09/30/2008.
Bank of America Corp. is one of the world's leading financial services companies. Bank of America provides individuals small businesses and commercial corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever wherever and however they choose. Bank of America Corp. has a market cap of $109.35 billion; its shares were traded at around $24.25 with a P/E ratio of 20.84 and P/S ratio of 2.33. The dividend yield of Bank of America Corp. stocks is 12.27%.
Added: United Parcel Service, Inc. (UPS, Financial)
Brian Rogers added to his holdings in United Parcel Service, Inc. by 66.67%. His purchase prices were between $57.58 and $68.6, with an estimated average price of $63.4. The impact to his portfolio due to this purchase was 0.34%. His holdings were 2,500,000 shares as of 09/30/2008.
United Parcel Service Inc. is the world's largest express carrier the world's largest package delivery company and a leading global provider of specialized transportation and logistics services. Their primary business is the time-definite delivery of packages and documents throughout the United States and in over 200 other countries and territories. They have established a vast and reliable global transportation infrastructuredeveloped a comprehensive competitive and guaranteed portfolio of servicesand consistently supported these services with advanced technology. United Parcel Service, Inc. has a market cap of $51.11 billion; its shares were traded at around $51.64 with a P/E ratio of 247.32 and P/S ratio of 1.03. The dividend yield of United Parcel Service, Inc. stocks is 3.48%.
Added: Alcoa Inc. (AA, Financial)
Brian Rogers added to his holdings in Alcoa Inc. by 122.22%. His purchase prices were between $23.54 and $34.45, with an estimated average price of $30.7. The impact to his portfolio due to this purchase was 0.34%. His holdings were 5,000,000 shares as of 09/30/2008.
Alcoa Inc. is the world's leading producer and manager of primary aluminum fabricated aluminum and alumina facilities and is active in all major aspects of the industry. Alcoa serves the aerospace automotive packaging building and construction commercial transportation and industrial markets bringing design engineering production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components Alcoa also markets consumer brands including Reynolds Wrap foils and plastic wraps Alcoa wheels and Baco household wraps. Among its other businesses are closures fastening systems precision castings and electrical distribution systems for cars and trucks. Alcoa Inc. has a market cap of $9.72 billion; its shares were traded at around $12.21 with a P/E ratio of 5.75 and P/S ratio of 0.34. The dividend yield of Alcoa Inc. stocks is 6.04%.
Added: Fortune Brands Inc. (FO, Financial)
Brian Rogers added to his holdings in Fortune Brands Inc. by 40%. His purchase prices were between $53.69 and $62.77, with an estimated average price of $58.4. The impact to his portfolio due to this purchase was 0.31%. His holdings were 3,500,000 shares as of 09/30/2008.
Fortune Brands is a holding company with subsidiaries engaged in themanufacture and sale of home products (plumbing accessories security devices and tool storage products) office products (stapling equipment computer accessories and supplies) golf products and spirits and wine. The company is recently involved in a strategy of seeking to enhance the operations of its principal operating companies. Fortune Brands Inc. has a market cap of $5.83 billion; its shares were traded at around $39.77 with a P/E ratio of 9.11 and P/S ratio of 0.78. The dividend yield of Fortune Brands Inc. stocks is 4.29%.
Added: MGM MIRAGE (MGM, Financial)
Brian Rogers added to his holdings in MGM MIRAGE by 25%. His purchase prices were between $24.55 and $35.19, with an estimated average price of $30.9. The impact to his portfolio due to this purchase was 0.15%. His holdings were 5,000,000 shares as of 09/30/2008.
MGM MIRAGE is an entertainment hotel and gaming company headquartered in Las Vegas Nevada which owns and/or operates through subsidiaries casino properties on three continents. Its U.S. holdings include: the MGM Grand Hotel and Casino Bellagio The Mirage Treasure Island NewYork- New York Hotel and Casino the Boardwalk Hotel and Casino and 50% of Monte Carlo; the Golden Nugget; Whiskey Pete's Buffalo Bill's and the Primm Valley Resort in Primm Nevada as well as two championship golf courses at the California/Nevada Stateline. MGM MIRAGE has a market cap of $3.98 billion; its shares were traded at around $14.4 with a P/E ratio of 3.32 and P/S ratio of 0.50.
Added: SLM Corp. (SLM, Financial)
Brian Rogers added to his holdings in SLM Corp. by 31.03%. His purchase prices were between $13.89 and $18.45, with an estimated average price of $16.3. The impact to his portfolio due to this purchase was 0.15%. His holdings were 9,500,000 shares as of 09/30/2008.
SLM Corporation is the one of nation's largest private sources of funding and servicing support for higher education loans for students and their parents. The company provides a wide range of financial services processing capabilities and information technology to meet the needs of educational institutions lenders students and guarantee agencies. SLM Corp. has a market cap of $5.02 billion; its shares were traded at around $11.23 .
Added: eBay Inc. (EBAY, Financial)
Brian Rogers added to his holdings in eBay Inc. by 41.67%. His purchase prices were between $22.55 and $28.01, with an estimated average price of $24.9. The impact to his portfolio due to this purchase was 0.15%. His holdings were 4,250,000 shares as of 09/30/2008.
eBay is one of the world's largest online trading communities. eBay creates a powerful marketplace for the sale of goods and services by a passionate community of individuals and small businesses. eBay enables trade on a local national and international basis with local sites in numerous markets in the United States and country-specific sites in the United Kingdom Canada Germany Austria France Italy Japan Korea and Australia. (Company Press Release) eBay Inc. has a market cap of $19.17 billion; its shares were traded at around $14.97 with a P/E ratio of 10.31 and P/S ratio of 2.30.
Added: The Home Depot Inc. (HD, Financial)
Brian Rogers added to his holdings in The Home Depot Inc. by 11.43%. His purchase prices were between $21.4 and $28.8, with an estimated average price of $25.6. The impact to his portfolio due to this purchase was 0.14%. His holdings were 9,750,000 shares as of 09/30/2008.
Home Depot is the one of world's largest home improvement retailer. The company offers a level of service unprecedented among warehouse-style retailers. Home Depot stores cater to do-it-yourselfers as well as home improvement construction and building maintenance professionals. The Home Depot currently operates in the USA Canada Chile Puerto Rico and Argentina. The company also operates EXPO Design Centers across the U.S. and Villager's Hardware in New Jersey. The Home Depot Inc. has a market cap of $34.85 billion; its shares were traded at around $19.7 with a P/E ratio of 10.59 and P/S ratio of 0.47. The dividend yield of The Home Depot Inc. stocks is 4.56%.
Added: Merck & Co. Inc. (MRK, Financial)
Brian Rogers added to his holdings in Merck & Co. Inc. by 14.29%. His purchase prices were between $31.84 and $38.03, with an estimated average price of $34.7. The impact to his portfolio due to this purchase was 0.13%. His holdings were 6,000,000 shares as of 09/30/2008.
Merck & Co. Inc. is a global research-driven pharmaceutical company dedicated to putting patients first. Established in 1891 Merck discovers develops manufactures and markets vaccines and medicines to address unmet medical needs. The company devotes extensive efforts to increase access to medicines through far-reaching programs that not only donate Merck medicines but help deliver them to the people who need them. Merck also publishes unbiased health information as a not-for-profit service. Merck & Co. Inc. has a market cap of $64.21 billion; its shares were traded at around $28.19 with a P/E ratio of 13.19 and P/S ratio of 2.75. The dividend yield of Merck & Co. Inc. stocks is 5.79%.
Added: Wells Fargo & Company (WFC, Financial)
Brian Rogers added to his holdings in Wells Fargo & Company by 5.26%. His purchase prices were between $22.75 and $39.8, with an estimated average price of $30.4. The impact to his portfolio due to this purchase was 0.1%. His holdings were 10,000,000 shares as of 09/30/2008.
Wells Fargo & Company is a diversified financial services company providing banking insurance investments mortgage and consumer finance services through stores its Internet site and other distribution channels across North America as well as internationally. (Company Press Release) Wells Fargo & Company has a market cap of $108.4 billion; its shares were traded at around $33.9 with a P/E ratio of 16.10 and P/S ratio of 3.30. The dividend yield of Wells Fargo & Company stocks is 4.8%.
Added: Allied Irish Banks P.L.C. (AIB, Financial)
Brian Rogers added to his holdings in Allied Irish Banks P.L.C. by 32%. His purchase prices were between $17.95 and $29.35, with an estimated average price of $24.1. The impact to his portfolio due to this purchase was 0.09%. His holdings were 8,250,000 shares as of 09/30/2008.
Allied Irish Banks plc provides a full range of banking services through over 319 offices in Ireland 82 branches in Northern Ireland and 37 offices in the UK. In addition the Company operates over 200 branches in the United States through its wholly owned subsidiary First Maryland Bancorp. Allied Irish Banks P.L.C. has a market cap of $4.24 billion; its shares were traded at around $8.52 with a P/E ratio of 1.66 and P/S ratio of 0.58. The dividend yield of Allied Irish Banks P.L.C. stocks is 21.48%.
Added: National City Corp. (NCC)
Brian Rogers added to his holdings in National City Corp. by 146.89%. His purchase prices were between $3.69 and $5.59, with an estimated average price of $4.8. The impact to his portfolio due to this purchase was 0.09%. His holdings were 16,340,000 shares as of 09/30/2008.
National City Corporation is a financial holding company. The company offers a full range of financial services including investment banking brokerage mutual fund insurance and traditional banking services to individuals and businesses. National City has offices in Ohio Pennsylvania Michigan Indiana Kentucky and Illinois. (Company Press Release) National City Corp. has a market cap of $2.28 billion; its shares were traded at around $3.06 with P/S ratio of 0.74. The dividend yield of National City Corp. stocks is 2%.
Added: Whole Foods Market Inc. (WFMI)
Brian Rogers added to his holdings in Whole Foods Market Inc. by 33.33%. His purchase prices were between $18.12 and $22.52, with an estimated average price of $20.1. The impact to his portfolio due to this purchase was 0.05%. His holdings were 2,000,000 shares as of 09/30/2008.
Whole Foods Market is the largest purveyor of natural foods in the world. They own and operate the country's largest chain of natural food supermarkets. They are like an old-fashioned neighborhood grocery store an organic farmer's market a European bakery a New York deli and a modern supermarket all rolled into one! The Company also offers a wide variety of non-perishable natural products on its Web site at http://wholefoods.com. Whole Foods Market Inc. has a market cap of $1.84 billion; its shares were traded at around $13.96 with a P/E ratio of 12.49 and P/S ratio of 0.25. The dividend yield of Whole Foods Market Inc. stocks is 5.39%.
New Purchase: American Express Company (AXP)
Brian Rogers initiated holdings in American Express Company. His purchase prices were between $36.43 and $41.98, with an estimated average price of $38.9. The impact to his portfolio due to this purchase was 0.86%. His holdings were 4,500,000 shares as of 09/30/2008.
American Express Company is primarily engaged in the business of providing travel related services financial advisory services and international banking services throughout the world. American Express Travel Related Services Company Inc. provides a variety of products and services including global network services the American Express Card the Optima Card and other consumer and corporate lending products stored value products and several others. American Express Company has a market cap of $30.6 billion; its shares were traded at around $23.64 with a P/E ratio of 8.75 and P/S ratio of 0.86. The dividend yield of American Express Company stocks is 3.11%.
New Purchase: The Boeing Company (BA)
Brian Rogers initiated holdings in The Boeing Company. His purchase prices were between $58.32 and $67.86, with an estimated average price of $63.6. The impact to his portfolio due to this purchase was 0.54%. His holdings were 1,750,000 shares as of 09/30/2008.
The Boeing Company is one of the world's major aerospace firms. The company operates in three principal segments: commercial airplanes; military aircraft and missiles; and space and communications. The Boeing Company has a market cap of $34.35 billion; its shares were traded at around $44.79 with a P/E ratio of 8.31 and P/S ratio of 0.52. The dividend yield of The Boeing Company stocks is 3.83%.
New Purchase: Nucor Corp. (NUE)
Brian Rogers initiated holdings in Nucor Corp.. His purchase prices were between $44.36 and $64.63, with an estimated average price of $53. The impact to his portfolio due to this purchase was 0.48%. His holdings were 2,250,000 shares as of 09/30/2008.
Nucor Corporation manufactures and sells steel products. Principal steel products are hot-rolled steel (angles rounds flats channels sheet wide-flange beams pilings billets blooms and beam blanks) cold-rolled steel cold finished steel steel joists and joist girders steeldeck steel fasteners and steel grinding balls. Nucor is the largest recycler in the United States. Nucor and affiliates are manufacturers of steel products with operating facilities in fourteen states. Nucor Corp. has a market cap of $11.42 billion; its shares were traded at around $31.79 with a P/E ratio of 5.17 and P/S ratio of 0.49. The dividend yield of Nucor Corp. stocks is 4.16%.
New Purchase: Goldman Sachs Group Inc. The (GS)
Brian Rogers initiated holdings in Goldman Sachs Group Inc. The. His purchase prices were between $129.8 and $182.48, with an estimated average price of $164. The impact to his portfolio due to this purchase was 0.41%. His holdings were 600,000 shares as of 09/30/2008.
Goldman Sachs is a global investment banking and securities firm providing a full range of investing advisory and financing services worldwide to a substantial and diversified client base which includes corporations financial institutions governments and high net worth individuals. (Company Press Release) Goldman Sachs Group Inc. The has a market cap of $47.99 billion; its shares were traded at around $112.4 with a P/E ratio of 7.29 and P/S ratio of 1.39. The dividend yield of Goldman Sachs Group Inc. The stocks is 1.58%.
New Purchase: Macy's Inc. (M)
Brian Rogers initiated holdings in Macy's Inc.. His purchase prices were between $15.49 and $21.36, with an estimated average price of $19.4. The impact to his portfolio due to this purchase was 0.24%. His holdings were 2,500,000 shares as of 09/30/2008.
Federated Department Stores through its subsidiaries is one of the leading operators of full-line department stores in the United States. The Company's subsidiaries operate department stores under the names Bloomingdale's The Bon Marche Burdines Goldsmith's Lazarus Macy's Rich's and Stern's. These department stores sell a wide range of merchandise including men's women's and children's apparel and accessories cosmetics home furnishings and other consumer goods. Macy's Inc. has a market cap of $4.29 billion; its shares were traded at around $10.05 with a P/E ratio of 5.49 and P/S ratio of 0.17. The dividend yield of Macy's Inc. stocks is 5.34%.
New Purchase: Tyco Electronics Ltd. (TEL)
Brian Rogers initiated holdings in Tyco Electronics Ltd.. His purchase prices were between $27.19 and $36.12, with an estimated average price of $32.7. The impact to his portfolio due to this purchase was 0.2%. His holdings were 1,338,805 shares as of 09/30/2008.
Tyco Electronics Ltd. global provider of engineered electronic components for thousands of consumer and industrial products; network solutions and systems for telecommunications and energy markets; and wireless systems for critical communications radar and defense applications. They design manufacture and market products for customers in industries ranging from automotive appliance aerospace and defense to telecommunications computers and consumer electronics. Tyco Electronics Ltd. has a market cap of $9.71 billion; its shares were traded at around $20.8 with a P/E ratio of 5.51 and P/S ratio of 0.65. The dividend yield of Tyco Electronics Ltd. stocks is 3.14%.
New Purchase: WPP Group plc (WPPGY)
Brian Rogers initiated holdings in WPP Group plc. His purchase prices were between $43.31 and $49.15, with an estimated average price of $46.2. The impact to his portfolio due to this purchase was 0.13%. His holdings were 3,000,000 shares as of 09/30/2008.
WPP Group plc is an advertising company. The Company provides public relations media advertising strategic market services market research and sales promotion audio visual and identity and design advertising that is in a non-media format. WPP Group provides its advertising services worldwide. WPP Group plc has a market cap of $ million; its shares were traded at around $33.14 . The dividend yield of WPP Group plc stocks is 4.4%.
New Purchase: The Hartford Financial Services Group In (HIG)
Brian Rogers initiated holdings in The Hartford Financial Services Group In. His purchase prices were between $56.64 and $66.13, with an estimated average price of $61.4. The impact to his portfolio due to this purchase was 0.06%. His holdings were 250,000 shares as of 09/30/2008.
Hartford Financial Services is one of the nation's largest investment and insurance companies offers a complete line of insurance and financial service products to customers all over the world. The company is a provider of automobile and homeowners coverages; commercial property and casualty insurance; reinsurance; and a variety of life insurance investment products employee benefits group retirement plans and institutional liability funding products. The Hartford Financial Services Group In has a market cap of $8.3 billion; its shares were traded at around $28.86 with a P/E ratio of 4.08 and P/S ratio of 0.43. The dividend yield of The Hartford Financial Services Group In stocks is 11.02%.
Reduced: American International Group Inc. (AIG)
Brian Rogers reduced to his holdings in American International Group Inc. by 25.93%. His sale prices were between $3.15 and $26.97, with an estimated average price of $19.8. The impact to his portfolio due to this sale was -0.02%. Brian Rogers still held 5,000,000 shares as of 09/30/2008.
American International Group Inc. world leaders in insurance and financial services is the leading international insurance organization with operations in more than one hundred thirty countries and jurisdictions. AIG companies serve commercial institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition AIG companies are leading providers of retirement services financial services and asset management around the world. American International Group Inc. has a market cap of $5.94 billion; its shares were traded at around $2.43 with P/S ratio of 0.08. The dividend yield of American International Group Inc. stocks is 37.77%.
Reduced: Southwest Airlines Co. (LUV)
Brian Rogers reduced to his holdings in Southwest Airlines Co. by 69.84%. His sale prices were between $13.05 and $16.19, with an estimated average price of $15.1. The impact to his portfolio due to this sale was -0.08%. Brian Rogers still held 1,500,000 shares as of 09/30/2008.
Southwest Airlines is a major domestic airline that provides primarily shorthaul high-frequency point-to-point low-fare service. Southwest operates over Boeing 737 aircraft in numerous cities. Southwest has the lowest operating cost structure in the domestic airline industry and consistently offers the lowest and simplest fares. Southwest also has one of the best overall Customer Service records. Southwest Airlines Co. has a market cap of $9.33 billion; its shares were traded at around $12.49 with a P/E ratio of 27.09 and P/S ratio of 0.88. The dividend yield of Southwest Airlines Co. stocks is 0.15%.
Reduced: Schlumberger Ltd. (SLB)
Brian Rogers reduced to his holdings in Schlumberger Ltd. by 21.74%. His sale prices were between $85.79 and $101.66, with an estimated average price of $94.3. The impact to his portfolio due to this sale was -0.08%. Brian Rogers still held 900,000 shares as of 09/30/2008.
Schlumberger Limited is a global technology services company consisting of two business segments Schlumberger Oilfield Services and SchlumbergerSema. Schlumberger Oilfield Services is the leading provider of exploration and production services solutions and technology to the international petroleum industry. SchlumbergerSema is a leading information technology services company providing a unique combination of domain expertise and global capabilities delivered on a local basis. Schlumberger Ltd. has a market cap of $64.51 billion; its shares were traded at around $53.2 with a P/E ratio of 12.05 and P/S ratio of 2.65. The dividend yield of Schlumberger Ltd. stocks is 1.39%.
Reduced: General Mills Inc. (GIS)
Brian Rogers reduced to his holdings in General Mills Inc. by 20.73%. His sale prices were between $59.94 and $69.61, with an estimated average price of $65.8. The impact to his portfolio due to this sale was -0.21%. Brian Rogers still held 2,750,000 shares as of 09/30/2008.
General Mills Inc. is one of the leading producers of packaged consumer foods and markets its products primarily through its own sales organizations supported by advertising and other promotional activities. Such products are primarily distributed directly to retail food chains cooperatives membership stores and wholesalers. General Mills Inc. has a market cap of $22.13 billion; its shares were traded at around $64.86 with a P/E ratio of 17.96 and P/S ratio of 1.55. The dividend yield of General Mills Inc. stocks is 2.96%.
Reduced: Johnson & Johnson (JNJ)
Brian Rogers reduced to his holdings in Johnson & Johnson by 29.01%. His sale prices were between $64.7 and $71.42, with an estimated average price of $69.1. The impact to his portfolio due to this sale was -0.32%. Brian Rogers still held 3,000,000 shares as of 09/30/2008.
Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. The company's worldwide business is divided into three segments: Consumer; Pharmaceutical; and Professional. Johnson & Johnson has a market cap of $177.9 billion; its shares were traded at around $63.5 with a P/E ratio of 14.42 and P/S ratio of 2.79. The dividend yield of Johnson & Johnson stocks is 3.29%.
Sold Out: Waste Management Inc. (WMI)
Brian Rogers sold out his holdings in Waste Management Inc.. His sale prices were between $33.29 and $36.33, with an estimated average price of $35.2. The impact to his portfolio due to this sale was less than 0.01%.
Waste Management Inc. provides integrated waste management services in North America and internationally. In North America the company provides solid waste management services including collection transfer recycling and resource recovery services and disposal services. Included in its international operations is the collection and transportation of solid hazardous and medical wastes and recyclable materials and the treatment and disposal of recyclable materials. Waste Management Inc. has a market cap of $15.01 billion; its shares were traded at around $29.89 with a P/E ratio of 13.50 and P/S ratio of 1.15. The dividend yield of Waste Management Inc. stocks is 4.19%.
Sold Out: AnheuserBusch Companies Inc. (BUD)
Brian Rogers sold out his holdings in AnheuserBusch Companies Inc.. His sale prices were between $61.34 and $68.19, with an estimated average price of $66.9. The impact to his portfolio due to this sale was less than 0.01%.
Anheuser-Busch Companies is the holding company parent of Anheuser-BuschIncorporated and to a number of subsidiaries that conduct variousother business operations. The company's operations are comprised of thefollowing business segments: domestic beer international beer entertainment packaging such as aluminum beverage container recycling malt production rice milling real estate development turf farming metalized paper label printing and transportation services. AnheuserBusch Companies Inc. has a market cap of $45.35 billion; its shares were traded at around $59.95 with a P/E ratio of 21.85 and P/S ratio of 2.66. The dividend yield of AnheuserBusch Companies Inc. stocks is 2.53%.
Sold Out: Comcast Corp. (CMCSA)
Brian Rogers sold out his holdings in Comcast Corp.. His sale prices were between $18.2 and $22.2, with an estimated average price of $20.5. The impact to his portfolio due to this sale was less than 0.01%.
Comcast Corp. among the world's leading communication companies provides basic cable digital cable and high speed internet services that connect people to what's important in their lives. They are in the process of deploying digital video applications and high-speed Internet access service to expand the products available on their cable communications networks. Comcast Corp. has a market cap of $44.82 billion; its shares were traded at around $15.36 with a P/E ratio of 18.55 and P/S ratio of 1.42. The dividend yield of Comcast Corp. stocks is 1.63%.
Sold Out: UST Inc. (UST)
Brian Rogers sold out his holdings in UST Inc.. His sale prices were between $50.04 and $67.94, with an estimated average price of $57.2. The impact to his portfolio due to this sale was less than 0.01%.
UST Inc. through its subsidiaries is a leading producer and marketer of moist smokeless tobacco products including Copenhagen Copenhagen Long Cut Skoal Skoal Long Cut Skoal Bandits Rooster and Red Seal. Other consumer products marketed by UST subsidiaries include premium wines sold nationally through the Chateau Ste. Michelle Columbia Crest and Villa Mt. Eden wineries as well as sparkling wine produced under the Domaine Ste. Michelle label and premium cigars including Don Tomas Don Tomas Special Edition Astral and Habano Primero. (Company Press Release) UST Inc. has a market cap of $9.92 billion; its shares were traded at around $64.59 with a P/E ratio of 19.18 and P/S ratio of 5.17. The dividend yield of UST Inc. stocks is 4.2%.
Sold Out: Automatic Data Processing Inc. (ADP)
Brian Rogers sold out his holdings in Automatic Data Processing Inc.. His sale prices were between $40.82 and $45.41, with an estimated average price of $43.5. The impact to his portfolio due to this sale was less than 0.01%.
Automatic Data Processing Inc. is one of the largest providers of computerized transaction processing data communication and information services in the world. ADP Employer Services offers a comprehensive range of payroll human resources benefits administration time and attendance tax filing and reporting professional employer organization compliance management and retirement plan services to employers in the United States Canada Europe and Latin America. Automatic Data Processing Inc. has a market cap of $17.35 billion; its shares were traded at around $33.36 with a P/E ratio of 14.54 and P/S ratio of 2.05. The dividend yield of Automatic Data Processing Inc. stocks is 3.46%.
Sold Out: Mercury General Corp. (MCY)
Brian Rogers sold out his holdings in Mercury General Corp.. His sale prices were between $45.54 and $61.9, with an estimated average price of $50.5. The impact to his portfolio due to this sale was less than 0.01%.
Mercury General Corp. is engaged primarily in writing all risk classifications of automobile insurance in a number of states principallyCalifornia. The company offers automobile policyholders the following types of coverage: bodily injury liability underinsured and uninsured motorist property damage liability comprehensive collision and other hazards specified in the policy. Mercury General Corp. has a market cap of $2.81 billion; its shares were traded at around $48.72 with a P/E ratio of 16.15 and P/S ratio of 0.96. The dividend yield of Mercury General Corp. stocks is 5.14%.
Sold Out: Genworth Financial Inc. (GNW)
Brian Rogers sold out his holdings in Genworth Financial Inc.. His sale prices were between $7.98 and $17.07, with an estimated average price of $15.1. The impact to his portfolio due to this sale was less than 0.01%.
Genworth Financial is a leading insurance company in the U.S. with an expanding international presence serving the life and lifestyle protection retirement income investment and mortgage insurance needs of their customers. They distribute their products and services through an extensive and diversified distribution network that includes financial intermediaries independent producers and dedicated sales specialists. Genworth Financial Inc. has a market cap of $2.48 billion; its shares were traded at around $5.4 with a P/E ratio of 4.80 and P/S ratio of 0.26. The dividend yield of Genworth Financial Inc. stocks is 11.43%.
Sold Out: Campbell Soup Company (CPB)
Brian Rogers sold out his holdings in Campbell Soup Company. His sale prices were between $34.46 and $38.96, with an estimated average price of $36.6. The impact to his portfolio due to this sale was less than 0.01%.
Campbell Soup Company together with its consolidated subsidiaries is a global manufacturer and marketer of high quality branded convenience food products. The company operates in three business segments: Soup and Sauces Biscuits and Confectionery and Away From Home. Campbell Soup Company has a market cap of $13.26 billion; its shares were traded at around $35.97 with a P/E ratio of 12.02 and P/S ratio of 1.65. The dividend yield of Campbell Soup Company stocks is 2.93%.
Brian Rogers buys American Express Company, The Boeing Company, Nucor Corp., Goldman Sachs Group Inc. The, Macy's Inc., Tyco Electronics Ltd., WPP Group plc, The Hartford Financial Services Group In, sells Comcast Corp., AnheuserBusch Companies Inc., Automatic Data Processing Inc., Campbell Soup Company, Genworth Financial Inc., Mercury General Corp., UST Inc., Waste Management Inc. during the 3-months ended 09/30/2008, according to the most recent filings of his investment company, T Rowe Price Equity Income Fund. Brian Rogers owns 124 stocks with a total value of $17.9 billion. These are the details of the buys and sells.
New Purchases: AXP, BA, GS, HIG, M, NUE, TEL, WPPGY,
Added Positions: AA, AIB, BAC, EBAY, FO, HD, JPM, MER, MGM, MRK, NCC, SLM, UPS, WFC, WFMI,
Reduced Positions: AIG, GIS, JNJ, LUV, SLB,
Sold Out: ADP, BUD, CMCSA, CPB, GNW, MCY, UST, WMI,
For the details of Brian Rogers's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Brian+Rogers
Added: Merrill Lynch & Co. Inc. (MER, Financial)
Brian Rogers added to his holdings in Merrill Lynch & Co. Inc. by 77.23%. His purchase prices were between $17.05 and $30.71, with an estimated average price of $26.9. The impact to his portfolio due to this purchase was 0.39%. His holdings were 10,190,488 shares as of 09/30/2008.
Merrill Lynch & Co. Inc. is one of the world's leading financial management and advisory companies with offices in numerous countries. The firm is a global underwriter and market maker of debt and equity securities and a strategic advisor to corporations governments institutions and individuals worldwide. (Company Press Release) Merrill Lynch & Co. Inc. has a market cap of $29.81 billion; its shares were traded at around $18.35 . The dividend yield of Merrill Lynch & Co. Inc. stocks is 8.89%.
Added: JPMorgan Chase & Co. (JPM, Financial)
Brian Rogers added to his holdings in JPMorgan Chase & Co. by 11.76%. His purchase prices were between $32.91 and $47.87, with an estimated average price of $39.7. The impact to his portfolio due to this purchase was 0.38%. His holdings were 14,250,000 shares as of 09/30/2008.
J.P. Morgan Chase & Co. is a leading global financial services firm. The firm is a leader in investment banking asset management private banking private equity custody and transaction services and retail and middle market financial services. A component of the Dow Jones Industrial Average JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate institutional and government clients. JPMorgan Chase & Co. has a market cap of $148.11 billion; its shares were traded at around $40.49 with a P/E ratio of 18.31 and P/S ratio of 2.96. The dividend yield of JPMorgan Chase & Co. stocks is 3.65%.
Added: Bank of America Corp. (BAC, Financial)
Brian Rogers added to his holdings in Bank of America Corp. by 38.21%. His purchase prices were between $21.24 and $37.48, with an estimated average price of $30.3. The impact to his portfolio due to this purchase was 0.38%. His holdings were 7,256,262 shares as of 09/30/2008.
Bank of America Corp. is one of the world's leading financial services companies. Bank of America provides individuals small businesses and commercial corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever wherever and however they choose. Bank of America Corp. has a market cap of $109.35 billion; its shares were traded at around $24.25 with a P/E ratio of 20.84 and P/S ratio of 2.33. The dividend yield of Bank of America Corp. stocks is 12.27%.
Added: United Parcel Service, Inc. (UPS, Financial)
Brian Rogers added to his holdings in United Parcel Service, Inc. by 66.67%. His purchase prices were between $57.58 and $68.6, with an estimated average price of $63.4. The impact to his portfolio due to this purchase was 0.34%. His holdings were 2,500,000 shares as of 09/30/2008.
United Parcel Service Inc. is the world's largest express carrier the world's largest package delivery company and a leading global provider of specialized transportation and logistics services. Their primary business is the time-definite delivery of packages and documents throughout the United States and in over 200 other countries and territories. They have established a vast and reliable global transportation infrastructuredeveloped a comprehensive competitive and guaranteed portfolio of servicesand consistently supported these services with advanced technology. United Parcel Service, Inc. has a market cap of $51.11 billion; its shares were traded at around $51.64 with a P/E ratio of 247.32 and P/S ratio of 1.03. The dividend yield of United Parcel Service, Inc. stocks is 3.48%.
Added: Alcoa Inc. (AA, Financial)
Brian Rogers added to his holdings in Alcoa Inc. by 122.22%. His purchase prices were between $23.54 and $34.45, with an estimated average price of $30.7. The impact to his portfolio due to this purchase was 0.34%. His holdings were 5,000,000 shares as of 09/30/2008.
Alcoa Inc. is the world's leading producer and manager of primary aluminum fabricated aluminum and alumina facilities and is active in all major aspects of the industry. Alcoa serves the aerospace automotive packaging building and construction commercial transportation and industrial markets bringing design engineering production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components Alcoa also markets consumer brands including Reynolds Wrap foils and plastic wraps Alcoa wheels and Baco household wraps. Among its other businesses are closures fastening systems precision castings and electrical distribution systems for cars and trucks. Alcoa Inc. has a market cap of $9.72 billion; its shares were traded at around $12.21 with a P/E ratio of 5.75 and P/S ratio of 0.34. The dividend yield of Alcoa Inc. stocks is 6.04%.
Added: Fortune Brands Inc. (FO, Financial)
Brian Rogers added to his holdings in Fortune Brands Inc. by 40%. His purchase prices were between $53.69 and $62.77, with an estimated average price of $58.4. The impact to his portfolio due to this purchase was 0.31%. His holdings were 3,500,000 shares as of 09/30/2008.
Fortune Brands is a holding company with subsidiaries engaged in themanufacture and sale of home products (plumbing accessories security devices and tool storage products) office products (stapling equipment computer accessories and supplies) golf products and spirits and wine. The company is recently involved in a strategy of seeking to enhance the operations of its principal operating companies. Fortune Brands Inc. has a market cap of $5.83 billion; its shares were traded at around $39.77 with a P/E ratio of 9.11 and P/S ratio of 0.78. The dividend yield of Fortune Brands Inc. stocks is 4.29%.
Added: MGM MIRAGE (MGM, Financial)
Brian Rogers added to his holdings in MGM MIRAGE by 25%. His purchase prices were between $24.55 and $35.19, with an estimated average price of $30.9. The impact to his portfolio due to this purchase was 0.15%. His holdings were 5,000,000 shares as of 09/30/2008.
MGM MIRAGE is an entertainment hotel and gaming company headquartered in Las Vegas Nevada which owns and/or operates through subsidiaries casino properties on three continents. Its U.S. holdings include: the MGM Grand Hotel and Casino Bellagio The Mirage Treasure Island NewYork- New York Hotel and Casino the Boardwalk Hotel and Casino and 50% of Monte Carlo; the Golden Nugget; Whiskey Pete's Buffalo Bill's and the Primm Valley Resort in Primm Nevada as well as two championship golf courses at the California/Nevada Stateline. MGM MIRAGE has a market cap of $3.98 billion; its shares were traded at around $14.4 with a P/E ratio of 3.32 and P/S ratio of 0.50.
Added: SLM Corp. (SLM, Financial)
Brian Rogers added to his holdings in SLM Corp. by 31.03%. His purchase prices were between $13.89 and $18.45, with an estimated average price of $16.3. The impact to his portfolio due to this purchase was 0.15%. His holdings were 9,500,000 shares as of 09/30/2008.
SLM Corporation is the one of nation's largest private sources of funding and servicing support for higher education loans for students and their parents. The company provides a wide range of financial services processing capabilities and information technology to meet the needs of educational institutions lenders students and guarantee agencies. SLM Corp. has a market cap of $5.02 billion; its shares were traded at around $11.23 .
Added: eBay Inc. (EBAY, Financial)
Brian Rogers added to his holdings in eBay Inc. by 41.67%. His purchase prices were between $22.55 and $28.01, with an estimated average price of $24.9. The impact to his portfolio due to this purchase was 0.15%. His holdings were 4,250,000 shares as of 09/30/2008.
eBay is one of the world's largest online trading communities. eBay creates a powerful marketplace for the sale of goods and services by a passionate community of individuals and small businesses. eBay enables trade on a local national and international basis with local sites in numerous markets in the United States and country-specific sites in the United Kingdom Canada Germany Austria France Italy Japan Korea and Australia. (Company Press Release) eBay Inc. has a market cap of $19.17 billion; its shares were traded at around $14.97 with a P/E ratio of 10.31 and P/S ratio of 2.30.
Added: The Home Depot Inc. (HD, Financial)
Brian Rogers added to his holdings in The Home Depot Inc. by 11.43%. His purchase prices were between $21.4 and $28.8, with an estimated average price of $25.6. The impact to his portfolio due to this purchase was 0.14%. His holdings were 9,750,000 shares as of 09/30/2008.
Home Depot is the one of world's largest home improvement retailer. The company offers a level of service unprecedented among warehouse-style retailers. Home Depot stores cater to do-it-yourselfers as well as home improvement construction and building maintenance professionals. The Home Depot currently operates in the USA Canada Chile Puerto Rico and Argentina. The company also operates EXPO Design Centers across the U.S. and Villager's Hardware in New Jersey. The Home Depot Inc. has a market cap of $34.85 billion; its shares were traded at around $19.7 with a P/E ratio of 10.59 and P/S ratio of 0.47. The dividend yield of The Home Depot Inc. stocks is 4.56%.
Added: Merck & Co. Inc. (MRK, Financial)
Brian Rogers added to his holdings in Merck & Co. Inc. by 14.29%. His purchase prices were between $31.84 and $38.03, with an estimated average price of $34.7. The impact to his portfolio due to this purchase was 0.13%. His holdings were 6,000,000 shares as of 09/30/2008.
Merck & Co. Inc. is a global research-driven pharmaceutical company dedicated to putting patients first. Established in 1891 Merck discovers develops manufactures and markets vaccines and medicines to address unmet medical needs. The company devotes extensive efforts to increase access to medicines through far-reaching programs that not only donate Merck medicines but help deliver them to the people who need them. Merck also publishes unbiased health information as a not-for-profit service. Merck & Co. Inc. has a market cap of $64.21 billion; its shares were traded at around $28.19 with a P/E ratio of 13.19 and P/S ratio of 2.75. The dividend yield of Merck & Co. Inc. stocks is 5.79%.
Added: Wells Fargo & Company (WFC, Financial)
Brian Rogers added to his holdings in Wells Fargo & Company by 5.26%. His purchase prices were between $22.75 and $39.8, with an estimated average price of $30.4. The impact to his portfolio due to this purchase was 0.1%. His holdings were 10,000,000 shares as of 09/30/2008.
Wells Fargo & Company is a diversified financial services company providing banking insurance investments mortgage and consumer finance services through stores its Internet site and other distribution channels across North America as well as internationally. (Company Press Release) Wells Fargo & Company has a market cap of $108.4 billion; its shares were traded at around $33.9 with a P/E ratio of 16.10 and P/S ratio of 3.30. The dividend yield of Wells Fargo & Company stocks is 4.8%.
Added: Allied Irish Banks P.L.C. (AIB, Financial)
Brian Rogers added to his holdings in Allied Irish Banks P.L.C. by 32%. His purchase prices were between $17.95 and $29.35, with an estimated average price of $24.1. The impact to his portfolio due to this purchase was 0.09%. His holdings were 8,250,000 shares as of 09/30/2008.
Allied Irish Banks plc provides a full range of banking services through over 319 offices in Ireland 82 branches in Northern Ireland and 37 offices in the UK. In addition the Company operates over 200 branches in the United States through its wholly owned subsidiary First Maryland Bancorp. Allied Irish Banks P.L.C. has a market cap of $4.24 billion; its shares were traded at around $8.52 with a P/E ratio of 1.66 and P/S ratio of 0.58. The dividend yield of Allied Irish Banks P.L.C. stocks is 21.48%.
Added: National City Corp. (NCC)
Brian Rogers added to his holdings in National City Corp. by 146.89%. His purchase prices were between $3.69 and $5.59, with an estimated average price of $4.8. The impact to his portfolio due to this purchase was 0.09%. His holdings were 16,340,000 shares as of 09/30/2008.
National City Corporation is a financial holding company. The company offers a full range of financial services including investment banking brokerage mutual fund insurance and traditional banking services to individuals and businesses. National City has offices in Ohio Pennsylvania Michigan Indiana Kentucky and Illinois. (Company Press Release) National City Corp. has a market cap of $2.28 billion; its shares were traded at around $3.06 with P/S ratio of 0.74. The dividend yield of National City Corp. stocks is 2%.
Added: Whole Foods Market Inc. (WFMI)
Brian Rogers added to his holdings in Whole Foods Market Inc. by 33.33%. His purchase prices were between $18.12 and $22.52, with an estimated average price of $20.1. The impact to his portfolio due to this purchase was 0.05%. His holdings were 2,000,000 shares as of 09/30/2008.
Whole Foods Market is the largest purveyor of natural foods in the world. They own and operate the country's largest chain of natural food supermarkets. They are like an old-fashioned neighborhood grocery store an organic farmer's market a European bakery a New York deli and a modern supermarket all rolled into one! The Company also offers a wide variety of non-perishable natural products on its Web site at http://wholefoods.com. Whole Foods Market Inc. has a market cap of $1.84 billion; its shares were traded at around $13.96 with a P/E ratio of 12.49 and P/S ratio of 0.25. The dividend yield of Whole Foods Market Inc. stocks is 5.39%.
New Purchase: American Express Company (AXP)
Brian Rogers initiated holdings in American Express Company. His purchase prices were between $36.43 and $41.98, with an estimated average price of $38.9. The impact to his portfolio due to this purchase was 0.86%. His holdings were 4,500,000 shares as of 09/30/2008.
American Express Company is primarily engaged in the business of providing travel related services financial advisory services and international banking services throughout the world. American Express Travel Related Services Company Inc. provides a variety of products and services including global network services the American Express Card the Optima Card and other consumer and corporate lending products stored value products and several others. American Express Company has a market cap of $30.6 billion; its shares were traded at around $23.64 with a P/E ratio of 8.75 and P/S ratio of 0.86. The dividend yield of American Express Company stocks is 3.11%.
New Purchase: The Boeing Company (BA)
Brian Rogers initiated holdings in The Boeing Company. His purchase prices were between $58.32 and $67.86, with an estimated average price of $63.6. The impact to his portfolio due to this purchase was 0.54%. His holdings were 1,750,000 shares as of 09/30/2008.
The Boeing Company is one of the world's major aerospace firms. The company operates in three principal segments: commercial airplanes; military aircraft and missiles; and space and communications. The Boeing Company has a market cap of $34.35 billion; its shares were traded at around $44.79 with a P/E ratio of 8.31 and P/S ratio of 0.52. The dividend yield of The Boeing Company stocks is 3.83%.
New Purchase: Nucor Corp. (NUE)
Brian Rogers initiated holdings in Nucor Corp.. His purchase prices were between $44.36 and $64.63, with an estimated average price of $53. The impact to his portfolio due to this purchase was 0.48%. His holdings were 2,250,000 shares as of 09/30/2008.
Nucor Corporation manufactures and sells steel products. Principal steel products are hot-rolled steel (angles rounds flats channels sheet wide-flange beams pilings billets blooms and beam blanks) cold-rolled steel cold finished steel steel joists and joist girders steeldeck steel fasteners and steel grinding balls. Nucor is the largest recycler in the United States. Nucor and affiliates are manufacturers of steel products with operating facilities in fourteen states. Nucor Corp. has a market cap of $11.42 billion; its shares were traded at around $31.79 with a P/E ratio of 5.17 and P/S ratio of 0.49. The dividend yield of Nucor Corp. stocks is 4.16%.
New Purchase: Goldman Sachs Group Inc. The (GS)
Brian Rogers initiated holdings in Goldman Sachs Group Inc. The. His purchase prices were between $129.8 and $182.48, with an estimated average price of $164. The impact to his portfolio due to this purchase was 0.41%. His holdings were 600,000 shares as of 09/30/2008.
Goldman Sachs is a global investment banking and securities firm providing a full range of investing advisory and financing services worldwide to a substantial and diversified client base which includes corporations financial institutions governments and high net worth individuals. (Company Press Release) Goldman Sachs Group Inc. The has a market cap of $47.99 billion; its shares were traded at around $112.4 with a P/E ratio of 7.29 and P/S ratio of 1.39. The dividend yield of Goldman Sachs Group Inc. The stocks is 1.58%.
New Purchase: Macy's Inc. (M)
Brian Rogers initiated holdings in Macy's Inc.. His purchase prices were between $15.49 and $21.36, with an estimated average price of $19.4. The impact to his portfolio due to this purchase was 0.24%. His holdings were 2,500,000 shares as of 09/30/2008.
Federated Department Stores through its subsidiaries is one of the leading operators of full-line department stores in the United States. The Company's subsidiaries operate department stores under the names Bloomingdale's The Bon Marche Burdines Goldsmith's Lazarus Macy's Rich's and Stern's. These department stores sell a wide range of merchandise including men's women's and children's apparel and accessories cosmetics home furnishings and other consumer goods. Macy's Inc. has a market cap of $4.29 billion; its shares were traded at around $10.05 with a P/E ratio of 5.49 and P/S ratio of 0.17. The dividend yield of Macy's Inc. stocks is 5.34%.
New Purchase: Tyco Electronics Ltd. (TEL)
Brian Rogers initiated holdings in Tyco Electronics Ltd.. His purchase prices were between $27.19 and $36.12, with an estimated average price of $32.7. The impact to his portfolio due to this purchase was 0.2%. His holdings were 1,338,805 shares as of 09/30/2008.
Tyco Electronics Ltd. global provider of engineered electronic components for thousands of consumer and industrial products; network solutions and systems for telecommunications and energy markets; and wireless systems for critical communications radar and defense applications. They design manufacture and market products for customers in industries ranging from automotive appliance aerospace and defense to telecommunications computers and consumer electronics. Tyco Electronics Ltd. has a market cap of $9.71 billion; its shares were traded at around $20.8 with a P/E ratio of 5.51 and P/S ratio of 0.65. The dividend yield of Tyco Electronics Ltd. stocks is 3.14%.
New Purchase: WPP Group plc (WPPGY)
Brian Rogers initiated holdings in WPP Group plc. His purchase prices were between $43.31 and $49.15, with an estimated average price of $46.2. The impact to his portfolio due to this purchase was 0.13%. His holdings were 3,000,000 shares as of 09/30/2008.
WPP Group plc is an advertising company. The Company provides public relations media advertising strategic market services market research and sales promotion audio visual and identity and design advertising that is in a non-media format. WPP Group provides its advertising services worldwide. WPP Group plc has a market cap of $ million; its shares were traded at around $33.14 . The dividend yield of WPP Group plc stocks is 4.4%.
New Purchase: The Hartford Financial Services Group In (HIG)
Brian Rogers initiated holdings in The Hartford Financial Services Group In. His purchase prices were between $56.64 and $66.13, with an estimated average price of $61.4. The impact to his portfolio due to this purchase was 0.06%. His holdings were 250,000 shares as of 09/30/2008.
Hartford Financial Services is one of the nation's largest investment and insurance companies offers a complete line of insurance and financial service products to customers all over the world. The company is a provider of automobile and homeowners coverages; commercial property and casualty insurance; reinsurance; and a variety of life insurance investment products employee benefits group retirement plans and institutional liability funding products. The Hartford Financial Services Group In has a market cap of $8.3 billion; its shares were traded at around $28.86 with a P/E ratio of 4.08 and P/S ratio of 0.43. The dividend yield of The Hartford Financial Services Group In stocks is 11.02%.
Reduced: American International Group Inc. (AIG)
Brian Rogers reduced to his holdings in American International Group Inc. by 25.93%. His sale prices were between $3.15 and $26.97, with an estimated average price of $19.8. The impact to his portfolio due to this sale was -0.02%. Brian Rogers still held 5,000,000 shares as of 09/30/2008.
American International Group Inc. world leaders in insurance and financial services is the leading international insurance organization with operations in more than one hundred thirty countries and jurisdictions. AIG companies serve commercial institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition AIG companies are leading providers of retirement services financial services and asset management around the world. American International Group Inc. has a market cap of $5.94 billion; its shares were traded at around $2.43 with P/S ratio of 0.08. The dividend yield of American International Group Inc. stocks is 37.77%.
Reduced: Southwest Airlines Co. (LUV)
Brian Rogers reduced to his holdings in Southwest Airlines Co. by 69.84%. His sale prices were between $13.05 and $16.19, with an estimated average price of $15.1. The impact to his portfolio due to this sale was -0.08%. Brian Rogers still held 1,500,000 shares as of 09/30/2008.
Southwest Airlines is a major domestic airline that provides primarily shorthaul high-frequency point-to-point low-fare service. Southwest operates over Boeing 737 aircraft in numerous cities. Southwest has the lowest operating cost structure in the domestic airline industry and consistently offers the lowest and simplest fares. Southwest also has one of the best overall Customer Service records. Southwest Airlines Co. has a market cap of $9.33 billion; its shares were traded at around $12.49 with a P/E ratio of 27.09 and P/S ratio of 0.88. The dividend yield of Southwest Airlines Co. stocks is 0.15%.
Reduced: Schlumberger Ltd. (SLB)
Brian Rogers reduced to his holdings in Schlumberger Ltd. by 21.74%. His sale prices were between $85.79 and $101.66, with an estimated average price of $94.3. The impact to his portfolio due to this sale was -0.08%. Brian Rogers still held 900,000 shares as of 09/30/2008.
Schlumberger Limited is a global technology services company consisting of two business segments Schlumberger Oilfield Services and SchlumbergerSema. Schlumberger Oilfield Services is the leading provider of exploration and production services solutions and technology to the international petroleum industry. SchlumbergerSema is a leading information technology services company providing a unique combination of domain expertise and global capabilities delivered on a local basis. Schlumberger Ltd. has a market cap of $64.51 billion; its shares were traded at around $53.2 with a P/E ratio of 12.05 and P/S ratio of 2.65. The dividend yield of Schlumberger Ltd. stocks is 1.39%.
Reduced: General Mills Inc. (GIS)
Brian Rogers reduced to his holdings in General Mills Inc. by 20.73%. His sale prices were between $59.94 and $69.61, with an estimated average price of $65.8. The impact to his portfolio due to this sale was -0.21%. Brian Rogers still held 2,750,000 shares as of 09/30/2008.
General Mills Inc. is one of the leading producers of packaged consumer foods and markets its products primarily through its own sales organizations supported by advertising and other promotional activities. Such products are primarily distributed directly to retail food chains cooperatives membership stores and wholesalers. General Mills Inc. has a market cap of $22.13 billion; its shares were traded at around $64.86 with a P/E ratio of 17.96 and P/S ratio of 1.55. The dividend yield of General Mills Inc. stocks is 2.96%.
Reduced: Johnson & Johnson (JNJ)
Brian Rogers reduced to his holdings in Johnson & Johnson by 29.01%. His sale prices were between $64.7 and $71.42, with an estimated average price of $69.1. The impact to his portfolio due to this sale was -0.32%. Brian Rogers still held 3,000,000 shares as of 09/30/2008.
Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. The company's worldwide business is divided into three segments: Consumer; Pharmaceutical; and Professional. Johnson & Johnson has a market cap of $177.9 billion; its shares were traded at around $63.5 with a P/E ratio of 14.42 and P/S ratio of 2.79. The dividend yield of Johnson & Johnson stocks is 3.29%.
Sold Out: Waste Management Inc. (WMI)
Brian Rogers sold out his holdings in Waste Management Inc.. His sale prices were between $33.29 and $36.33, with an estimated average price of $35.2. The impact to his portfolio due to this sale was less than 0.01%.
Waste Management Inc. provides integrated waste management services in North America and internationally. In North America the company provides solid waste management services including collection transfer recycling and resource recovery services and disposal services. Included in its international operations is the collection and transportation of solid hazardous and medical wastes and recyclable materials and the treatment and disposal of recyclable materials. Waste Management Inc. has a market cap of $15.01 billion; its shares were traded at around $29.89 with a P/E ratio of 13.50 and P/S ratio of 1.15. The dividend yield of Waste Management Inc. stocks is 4.19%.
Sold Out: AnheuserBusch Companies Inc. (BUD)
Brian Rogers sold out his holdings in AnheuserBusch Companies Inc.. His sale prices were between $61.34 and $68.19, with an estimated average price of $66.9. The impact to his portfolio due to this sale was less than 0.01%.
Anheuser-Busch Companies is the holding company parent of Anheuser-BuschIncorporated and to a number of subsidiaries that conduct variousother business operations. The company's operations are comprised of thefollowing business segments: domestic beer international beer entertainment packaging such as aluminum beverage container recycling malt production rice milling real estate development turf farming metalized paper label printing and transportation services. AnheuserBusch Companies Inc. has a market cap of $45.35 billion; its shares were traded at around $59.95 with a P/E ratio of 21.85 and P/S ratio of 2.66. The dividend yield of AnheuserBusch Companies Inc. stocks is 2.53%.
Sold Out: Comcast Corp. (CMCSA)
Brian Rogers sold out his holdings in Comcast Corp.. His sale prices were between $18.2 and $22.2, with an estimated average price of $20.5. The impact to his portfolio due to this sale was less than 0.01%.
Comcast Corp. among the world's leading communication companies provides basic cable digital cable and high speed internet services that connect people to what's important in their lives. They are in the process of deploying digital video applications and high-speed Internet access service to expand the products available on their cable communications networks. Comcast Corp. has a market cap of $44.82 billion; its shares were traded at around $15.36 with a P/E ratio of 18.55 and P/S ratio of 1.42. The dividend yield of Comcast Corp. stocks is 1.63%.
Sold Out: UST Inc. (UST)
Brian Rogers sold out his holdings in UST Inc.. His sale prices were between $50.04 and $67.94, with an estimated average price of $57.2. The impact to his portfolio due to this sale was less than 0.01%.
UST Inc. through its subsidiaries is a leading producer and marketer of moist smokeless tobacco products including Copenhagen Copenhagen Long Cut Skoal Skoal Long Cut Skoal Bandits Rooster and Red Seal. Other consumer products marketed by UST subsidiaries include premium wines sold nationally through the Chateau Ste. Michelle Columbia Crest and Villa Mt. Eden wineries as well as sparkling wine produced under the Domaine Ste. Michelle label and premium cigars including Don Tomas Don Tomas Special Edition Astral and Habano Primero. (Company Press Release) UST Inc. has a market cap of $9.92 billion; its shares were traded at around $64.59 with a P/E ratio of 19.18 and P/S ratio of 5.17. The dividend yield of UST Inc. stocks is 4.2%.
Sold Out: Automatic Data Processing Inc. (ADP)
Brian Rogers sold out his holdings in Automatic Data Processing Inc.. His sale prices were between $40.82 and $45.41, with an estimated average price of $43.5. The impact to his portfolio due to this sale was less than 0.01%.
Automatic Data Processing Inc. is one of the largest providers of computerized transaction processing data communication and information services in the world. ADP Employer Services offers a comprehensive range of payroll human resources benefits administration time and attendance tax filing and reporting professional employer organization compliance management and retirement plan services to employers in the United States Canada Europe and Latin America. Automatic Data Processing Inc. has a market cap of $17.35 billion; its shares were traded at around $33.36 with a P/E ratio of 14.54 and P/S ratio of 2.05. The dividend yield of Automatic Data Processing Inc. stocks is 3.46%.
Sold Out: Mercury General Corp. (MCY)
Brian Rogers sold out his holdings in Mercury General Corp.. His sale prices were between $45.54 and $61.9, with an estimated average price of $50.5. The impact to his portfolio due to this sale was less than 0.01%.
Mercury General Corp. is engaged primarily in writing all risk classifications of automobile insurance in a number of states principallyCalifornia. The company offers automobile policyholders the following types of coverage: bodily injury liability underinsured and uninsured motorist property damage liability comprehensive collision and other hazards specified in the policy. Mercury General Corp. has a market cap of $2.81 billion; its shares were traded at around $48.72 with a P/E ratio of 16.15 and P/S ratio of 0.96. The dividend yield of Mercury General Corp. stocks is 5.14%.
Sold Out: Genworth Financial Inc. (GNW)
Brian Rogers sold out his holdings in Genworth Financial Inc.. His sale prices were between $7.98 and $17.07, with an estimated average price of $15.1. The impact to his portfolio due to this sale was less than 0.01%.
Genworth Financial is a leading insurance company in the U.S. with an expanding international presence serving the life and lifestyle protection retirement income investment and mortgage insurance needs of their customers. They distribute their products and services through an extensive and diversified distribution network that includes financial intermediaries independent producers and dedicated sales specialists. Genworth Financial Inc. has a market cap of $2.48 billion; its shares were traded at around $5.4 with a P/E ratio of 4.80 and P/S ratio of 0.26. The dividend yield of Genworth Financial Inc. stocks is 11.43%.
Sold Out: Campbell Soup Company (CPB)
Brian Rogers sold out his holdings in Campbell Soup Company. His sale prices were between $34.46 and $38.96, with an estimated average price of $36.6. The impact to his portfolio due to this sale was less than 0.01%.
Campbell Soup Company together with its consolidated subsidiaries is a global manufacturer and marketer of high quality branded convenience food products. The company operates in three business segments: Soup and Sauces Biscuits and Confectionery and Away From Home. Campbell Soup Company has a market cap of $13.26 billion; its shares were traded at around $35.97 with a P/E ratio of 12.02 and P/S ratio of 1.65. The dividend yield of Campbell Soup Company stocks is 2.93%.
