David Dreman, the renowned contrarian investor, had a forgetable 2008. His idea is "that we accumulate useful resources, such as crude for our strategic oil reserve. This would create new jobs, halt a deflationary spiral and give us some protection against the next international oil crisis." David Dreman owns 297 stocks with a total value of $3.1 billion. This is his Q2 portfolio update.
David Dreman buys Microsemi Corp., Anworth Mortgage Asset Corp., The Scotts MiracleGro Company Commmon, Contango Oil and Gas Co, Owens & Minor Inc., Garmin Ltd., Arris Group Inc, MFA Mortgage Investments Inc., McDermott International Inc., ONEOK Inc., Crane Co., Tidewater Inc., Alliance Data Systems Corp., Silver Wheaton Corp., Fiserv Inc., Coeur dAlene Mines Corp., National Semiconductor Corp., Federated Investors Inc., VF Corp., Terra Industries Inc., Hudson City Bancorp Inc., National Penn Bancshares Inc., Simon Property Group Inc., Diamond Offshore Drilling Inc., CSX Corp., Precision Castparts Corp., Prudential Financial Inc., Vornado Realty Trust, Torchmark Corp., The Boeing Company, Assurant Inc., SnapOn Inc., FOSTER WHEELER AG., National Oilwell Varco Inc., General Dynamics Corp., Goodrich Corp., Forest Laboratories Inc., HewlettPackard Company, Humana Inc., Loews Corp., WellPoint Inc., Flowserve Corp., Rockwell Collins Inc., 3M Company, Embarq Corp., Noble Corp., SUMITOMO MITSUI FINCL GRP, National Bank of Greece S.A., Lloyds TSB Group plc, sells Affiliated Computer Services Inc., Weis Markets Inc., Walgreen Company, StanCorp Financial Group Inc., Aaron Rents Inc., Penske Automotive Group Inc., Mueller Water Products Inc. Series A, MARSHALL & ILSLEY CORP NEW COM, KimberlyClark Corp., Intel Corp., Hercules Offshore Inc., Freddie Mac 5.81% Non-Cumulative Preferred Stock, The Dow Chemical Company, Worthington Industries Inc. during the 3-months ended 06/30/2009, according to the most recent filings of his investment company, Dreman Value Management. David Dreman owns 297 stocks with a total value of $3.1 billion. These are the details of the buys and sells.
- New Purchases: ADS, AIZ, ANH, ARRS, BA, CDE, COL, CR, CSX, DO, FII, FISV, FLS, FRX, FWLT, GD, GR, GRMN, HCBK, HPQ, HUM, L, LYG, MCF, MDR, MFA, MMM, MSCC, NBG, NE, NOV, NPBC, NSM, OKE, OMI, PCP, PRU, SLW, SMG, SNA, SPG, TDW, TMK, TRA, VFC, VNO, WLP,
- Added Positions: AEE, AEP, AMED, AMP, ARE, ASBC, AWH, BCO, BHI, BIIB, BOH, CAH, CB, CBS, CI, CIT, DOX, EMR, ENR, ESL, FITB, FMER, HPT, HS, IDA, ISCA, KBE, KELYA, KEY, LLY, LO, NAFC, NBL, NFX, OI, PPL, PRSP, R, RJF, RSH, STT, TFX, VVC, WFSL, WHR, XLF, XLNX,
- Reduced Positions: ACGL, AET, ALL, ALV, APA, APC, ATK, AXP, BAC, BGC, BHP, BVF, C, CAT, CBE, CCL, CEDC, CF, CHK, CHKP, COO, COP, CVX, DIS, DVN, EIX, ETN, FCX, FDX, FNA, GE, GS, HBI, IPCR, JKHY, JOYG, JPM, LM, LOW, LPNT, MD, MO, MRK, MSFT, NEM, NOC, OXY, PFE, PH, PKE, PM, PNC, PPG, RBC, RS, SAFM, SIGI, SJM, SPLS, STI, TRV, UFCS, UNH, URS, USB, UTX, VLO, VZ, WFC, WLL, WYE, XEC, ZMH,
- Sold Out: ACS, DOW, FRE-PO, HERO, INTC, KMB, MI, MWA, PAG, RNT, SFG, WAG, WMK, WOR,
For the details of David Dreman's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=David+Dreman
This is the sector weightings of David Dreman's portfolio:| Technology |  5.8% |
|---|---|
| Financials | 21% |
| Utilities | 3.3% |
| Telecommunications | 1.5% |
| Consumer Services | 8.4% |
| Health Care | 8.7% |
| Consumer Goods | 10% |
| Industrials | 19.9% |
| Basic Materials | 5.1% |
| Oil & Gas | 13.6% |
These are the top 5 holdings of David Dreman
- ConocoPhillips (COP) - 1,054,964 shares, 1.42% of the total portfolio
- Altria Group Inc. (MO) - 2,592,206 shares, 1.36% of the total portfolio
- Devon Energy Corp. (DVN) - 777,210 shares, 1.36% of the total portfolio
- Anadarko Petroleum Corp. (APC) - 905,008 shares, 1.31% of the total portfolio
- Wyeth (WYE) - 867,344 shares, 1.26% of the total portfolio
Added: RadioShack Corp. (RSH)
David Dreman added to his holdings in RadioShack Corp. by 7443.96%. His purchase prices were between $10.03 and $15.11, with an estimated average price of $13.1. The impact to his portfolio due to this purchase was 0.68%. His holdings were 1,551,038 shares as of 06/30/2009.
RadioShack Corporation is one of the nation's largest and most trusted consumer electronics retailers in the United States and offers both on- and off-line shopping convenience. RadioShack sells more wireless telephones telecommunications products and electronic parts and accessories than any other retailer. It is estimated that 94 percent of Americans live or work within five minutes of a RadioShack store or dealer. (PRESS RELEASE) RadioShack Corp. has a market cap of $1.82 billion; its shares were traded at around $14.57 with a P/E ratio of 9.2 and P/S ratio of 0.4. The dividend yield of RadioShack Corp. stocks is 1.7%. RadioShack Corp. had an annual average earning growth of 3.6% over the past 10 years.
Added: Bank of Hawaii Corp. (BOH)
David Dreman added to his holdings in Bank of Hawaii Corp. by 1198.66%. His purchase prices were between $34.25 and $40.72, with an estimated average price of $37. The impact to his portfolio due to this purchase was 0.64%. His holdings were 598,680 shares as of 06/30/2009.
Bank of Hawaii Corporation is a regional financial services company serving businesses consumers and governments in Hawaii American Samoa and the West Pacific. The Company's principal subsidiary Bank of Hawaii was founded in 1897 and is the largest independent financial institution in Hawaii. Bank of Hawaii Corp. has a market cap of $1.69 billion; its shares were traded at around $35.4 with a P/E ratio of 10 and P/S ratio of 2.2. The dividend yield of Bank of Hawaii Corp. stocks is 5.1%. Bank of Hawaii Corp. had an annual average earning growth of 3.5% over the past 10 years.
Added: Teleflex Inc. (TFX)
David Dreman added to his holdings in Teleflex Inc. by 752.24%. His purchase prices were between $39.06 and $46.14, with an estimated average price of $43.4. The impact to his portfolio due to this purchase was 0.63%. His holdings were 495,154 shares as of 06/30/2009.
Teleflex is a growth-oriented company managed for long-term consistent performance. Their diversified operations manufacture products and provide services for the automotive marine industrial medical and aerospace markets worldwide. They Seek leadership in technical market niches. Maintain balance and diversification among their markets. Emphasize their international activities. Search for new technology in current markets. Teleflex Inc. has a market cap of $1.84 billion; its shares were traded at around $46.27 with a P/E ratio of 11.6 and P/S ratio of 0.7. The dividend yield of Teleflex Inc. stocks is 2.9%. Teleflex Inc. had an annual average earning growth of 6.5% over the past 10 years. GuruFocus rated Teleflex Inc. the business predictability rank of 2-star.
Added: Washington Federal Inc. (WFSL)
David Dreman added to his holdings in Washington Federal Inc. by 76.07%. His purchase prices were between $11.28 and $14.06, with an estimated average price of $13. The impact to his portfolio due to this purchase was 0.27%. His holdings were 1,507,512 shares as of 06/30/2009.
Washington Federal Inc. is a non-diversified unitary savings and loan holding company. The business of Washington Federal consists primarily of attracting savings deposits from the general public and investing these funds in loans secured by first mortgage liens on single-family dwellings including loans for the construction of such dwellings and to a significantly lesser extent on commercial property and multi-family dwellings. It also originates other types of loans for its portfolio and invests in certain United States Government and agency obligations. Washington Federal Inc. has a market cap of $1.17 billion; its shares were traded at around $13.26 with a P/E ratio of 51 and P/S ratio of 1.5. The dividend yield of Washington Federal Inc. stocks is 1.6%. Washington Federal Inc. had an annual average earning growth of 1.3% over the past 10 years.
Added: Amedisys Inc (AMED)
David Dreman added to his holdings in Amedisys Inc by 50.88%. His purchase prices were between $28.81 and $38.03, with an estimated average price of $32.2. The impact to his portfolio due to this purchase was 0.26%. His holdings were 719,218 shares as of 06/30/2009.
Amedisys Inc. is a leading multi-regional provider of home health care nursing services. They operate home care nursing offices in southern and southeastern United States. Amedisys Inc has a market cap of $1.04 billion; its shares were traded at around $37.98 with a P/E ratio of 10.4 and P/S ratio of 0.9. Amedisys Inc had an annual average earning growth of 59% over the past 5 years.
Added: Raymond James Financial Inc. (RJF)
David Dreman added to his holdings in Raymond James Financial Inc. by 48.1%. His purchase prices were between $15.38 and $18.86, with an estimated average price of $16.7. The impact to his portfolio due to this purchase was 0.24%. His holdings were 1,355,667 shares as of 06/30/2009.
RAYMOND JAMES FINANCIAL INC. is a holding company whose subsidiaries are engaged principally in the securities brokerage business including the underwriting distribution trading and brokerage of equity and debt securities and the sale of tax advantaged investments mutual funds and other investment products and provides investment management services for retail and institutional clients. Raymond James Financial Inc. has a market cap of $2.39 billion; its shares were traded at around $19.49 with a P/E ratio of 9.9 and P/S ratio of 0.7. The dividend yield of Raymond James Financial Inc. stocks is 2.4%. Raymond James Financial Inc. had an annual average earning growth of 7.5% over the past 10 years.
Added: Alexandria Real Estate Equities Inc. (ARE)
David Dreman added to his holdings in Alexandria Real Estate Equities Inc. by 49.15%. His purchase prices were between $31.27 and $42.3, with an estimated average price of $36.2. The impact to his portfolio due to this purchase was 0.21%. His holdings were 553,573 shares as of 06/30/2009.
Alexandria Real Estate Equities Inc. Landlord and Developer of Choice to the Life Science Industry is a publicly-traded real estate investment trust focused principally on the ownership operation management selective redevelopment development and acquisition of life science properties. Our properties are designed and improved for lease primarily to institutional pharmaceutical biotechnology medical device life science product service biodefense and translational medicine entities as well as governmental agencies. Alexandria Real Estate Equities Inc. has a market cap of $1.55 billion; its shares were traded at around $39.43 with a P/E ratio of 6.1 and P/S ratio of 3.4. The dividend yield of Alexandria Real Estate Equities Inc. stocks is 3.5%. Alexandria Real Estate Equities Inc. had an annual average earning growth of 8.9% over the past 5 years.
Added: Cardinal Health Inc. (CAH)
David Dreman added to his holdings in Cardinal Health Inc. by 2425.08%. His purchase prices were between $30.63 and $36.74, with an estimated average price of $33.2. The impact to his portfolio due to this purchase was 0.18%. His holdings were 199,355 shares as of 06/30/2009.
Cardinal Health Inc. is one of the leading providers of products and services to healthcare providers and manufacturers to help them improve the efficiency and quality of healthcare. These services and products include Pharmaceutical Distribution and Provider Services Medical-Surgical Products and Services Pharmaceutical Technologies and Services and Automation and Information Services. Cardinal Health Inc. has a market cap of $11.74 billion; its shares were traded at around $32.6 with a P/E ratio of 9.1 and P/S ratio of 0.1. The dividend yield of Cardinal Health Inc. stocks is 4.5%. Cardinal Health Inc. had an annual average earning growth of 10.7% over the past 10 years. GuruFocus rated Cardinal Health Inc. the business predictability rank of 3-star.
Added: IDACORP Inc. (IDA)
David Dreman added to his holdings in IDACORP Inc. by 26.33%. His purchase prices were between $22.37 and $26, with an estimated average price of $23.9. The impact to his portfolio due to this purchase was 0.17%. His holdings were 995,202 shares as of 06/30/2009.
Idacorp Inc. is an electric public utility company. The company is engaged in the generation purchase transmission distribution and sale of electric energy primarily in the areas including southern Idaho eastern Oregon and northern Nevada. The company relies heavily on hydroelectric power for its generating needs and is one of the nation's few investor-owned utilities with a predominantly hydro base. The company's principal commercial and industrial customers include lodges condominiums and ski lifts and related facilities. IDACORP Inc. has a market cap of $1.24 billion; its shares were traded at around $26.37 with a P/E ratio of 12.7 and P/S ratio of 1.3. The dividend yield of IDACORP Inc. stocks is 4.7%.
Added: Ryder System Inc. (R)
David Dreman added to his holdings in Ryder System Inc. by 29.49%. His purchase prices were between $25.07 and $30.39, with an estimated average price of $27.8. The impact to his portfolio due to this purchase was 0.16%. His holdings were 769,369 shares as of 06/30/2009.
Ryder System Inc. provides a continuum of leading-edge logisticssupply chain and transportation management solutions worldwide. Product offerings range from full-service leasing commercial rental and programmed maintenance of vehicles to integrated services such as dedicated contract carriage and carrier management. Additionally Ryder offers comprehensive supply chain solutions lead logistics management services and e-Commerce solutions that support clients entire supply chains. Ryder System Inc. has a market cap of $1.74 billion; its shares were traded at around $31.19 with a P/E ratio of 8.2 and P/S ratio of 0.2. The dividend yield of Ryder System Inc. stocks is 2.9%. Ryder System Inc. had an annual average earning growth of 4.5% over the past 10 years.
Added: Hospitality Properties Trust (HPT)
David Dreman added to his holdings in Hospitality Properties Trust by 25.7%. His purchase prices were between $10.43 and $15.35, with an estimated average price of $12.7. The impact to his portfolio due to this purchase was 0.16%. His holdings were 1,999,875 shares as of 06/30/2009.
Hospitality Properties Trust is a real estate investment trust. The company owns and leases hotels to unaffiliated hotel operators. The company's principal strategy is to expand its investments in hotels and to set minimum rents which produce income in excess of the company's cost of raising capital. The company seeks to provide capital to unaffiliated hotel operators who wish to divest their properties while remaining in the hotel business as tenants and in doing so ensure stability of cash flow through dependable and diversified revenue sources. Hospitality Properties Trust has a market cap of $1.35 billion; its shares were traded at around $14.41 with a P/E ratio of 3.3 and P/S ratio of 1. Hospitality Properties Trust had an annual average earning growth of 3.5% over the past 10 years.
Added: Associated BancCorp (ASBC)
David Dreman added to his holdings in Associated BancCorp by 36.47%. His purchase prices were between $13.34 and $19, with an estimated average price of $15.1. The impact to his portfolio due to this purchase was 0.15%. His holdings were 1,394,664 shares as of 06/30/2009.
Associated Banc-Corp is a diversified multibank holding company. The company has banking offices serving communities in Wi. Il. and Min. The company offers a full range of traditional banking services such as: Business banking Trust asset management and investment services Retail banking Private banking Credit and debit cards Personal loans Full-service discount and online investment brokerage Personal trust Employee benefit plan investment management Insurance Leasing Correspondent banking Cash management services International banking. Associated BancCorp has a market cap of $1.22 billion; its shares were traded at around $9.57 with a P/E ratio of 16.8 and P/S ratio of 0.9. The dividend yield of Associated BancCorp stocks is 2.1%. Associated BancCorp had an annual average earning growth of 5.6% over the past 10 years.
Added: Emerson Electric Co. (EMR)
David Dreman added to his holdings in Emerson Electric Co. by 1218.37%. His purchase prices were between $31.7 and $36.12, with an estimated average price of $33.6. The impact to his portfolio due to this purchase was 0.14%. His holdings were 146,075 shares as of 06/30/2009.
Emerson is engaged principally in the worldwide design manufactureand sale of a broad range of electrical electromechanical and electronicproducts and systems. The divisions of the company are organized into the following business segments based on the nature of the products and services provided: Process Control; Industrial Automation; Electronics and Telecommunications; Heating Ventilating and Air Conditioning; and Appliance and Tools. Emerson Electric Co. has a market cap of $27.42 billion; its shares were traded at around $36.49 with a P/E ratio of 12.7 and P/S ratio of 1.1. The dividend yield of Emerson Electric Co. stocks is 3.7%. Emerson Electric Co. had an annual average earning growth of 5% over the past 10 years.
Added: HealthSpring Inc. (HS)
David Dreman added to his holdings in HealthSpring Inc. by 21.56%. His purchase prices were between $8.8 and $11.21, with an estimated average price of $9.8. The impact to his portfolio due to this purchase was 0.14%. His holdings were 2,264,665 shares as of 06/30/2009.
HealthSpring is an independent Tennessee-based managed care organization. HealthSpring provides a comprehensive portfolio of healthcare benefit plans to employers in Tennessee. It is also a Medicare Advantage organization with a Medicare contract providing plans for Medicare beneficiaries. It is dedicated to improving the health of the community and served by delivering the highest quality and greatest value in health care benefits and services. It manages both personal and company priorities. HealthSpring Inc. has a market cap of $622.4 million; its shares were traded at around $10.82 with a P/E ratio of 5 and P/S ratio of 0.3.
Added: NashFinch Company (NAFC)
David Dreman added to his holdings in NashFinch Company by 32.26%. His purchase prices were between $27.67 and $32.08, with an estimated average price of $29.5. The impact to his portfolio due to this purchase was 0.13%. His holdings were 600,234 shares as of 06/30/2009.
Nash Finch Company is one of the largest food distribution companies in the United States. Its business consists of three primary operating segments: (i) the wholesale distribution segment which supplies food and non-food items to independently owned retail grocery stores corporately owned retail grocery stores and institutional customers; (ii) the retail segment which is made up of corporately owned retail grocery stores with a variety of store formats; and (iii) the military distribution segment which supplies food and related products to military commissaries. NashFinch Company has a market cap of $362.8 million; its shares were traded at around $28.3 with a P/E ratio of 9.1 and P/S ratio of 0.1. The dividend yield of NashFinch Company stocks is 2.6%.
Added: Vectren Corp. (VVC)
David Dreman added to his holdings in Vectren Corp. by 22.11%. His purchase prices were between $20.03 and $23.8, with an estimated average price of $22.2. The impact to his portfolio due to this purchase was 0.12%. His holdings were 854,336 shares as of 06/30/2009.
Vectren Corp. through its regulated subsidiaries Indiana Gas and SIGECO offers gas and/or electricity to customers in adjoining service areas that cover nearly two-thirds of Indiana. Vectren's non-regulated subsidiaries currently offer energy-related products and services including energy marketing fiber-optic based communication services and utility related services including materials management debt collections locating meter reading and trenching services to customers throughout the surrounding region. (PRESS RELEASE) Vectren Corp. has a market cap of $2.02 billion; its shares were traded at around $24.89 with a P/E ratio of 14 and P/S ratio of 0.8. The dividend yield of Vectren Corp. stocks is 5.5%. Vectren Corp. had an annual average earning growth of 17.5% over the past 10 years.
Added: FirstMerit Corp. (FMER)
David Dreman added to his holdings in FirstMerit Corp. by 24.3%. His purchase prices were between $17.11 and $20.42, with an estimated average price of $18.4. The impact to his portfolio due to this purchase was 0.12%. His holdings were 1,123,215 shares as of 06/30/2009.
FirstMerit Corporation is a financial services company. FirstMerit provides a complete range of banking and other financial services to consumers and businesses through its core operations. Principal wholly-owned subsidiaries include FirstMerit Bank N.A. FirstMerit Mortgage Corporation FirstMerit Credit Life Insurance Company FirstMerit Community Development Corporation and Mobile Consultants Inc. (Company Press Release) FirstMerit Corp. has a market cap of $1.47 billion; its shares were traded at around $17.89 with a P/E ratio of 12.5 and P/S ratio of 2. The dividend yield of FirstMerit Corp. stocks is 3.6%. FirstMerit Corp. had an annual average earning growth of 6.4% over the past 5 years.
Added: International Speedway Corp. (ISCA)
David Dreman added to his holdings in International Speedway Corp. by 15.22%. His purchase prices were between $19.89 and $26.35, with an estimated average price of $23.7. The impact to his portfolio due to this purchase was 0.11%. His holdings were 1,007,604 shares as of 06/30/2009.
International Speedway Corporation's operations consist principally of racing events at its motorsports facilities which generate revenue primarily through sales of admissions to racing events television broadcast rights fees sponsorship fees hospitality rentals royalties from licenses of trademarks and provides catering souvenir and food concession services at certain facilities. International Speedway Corp. has a market cap of $1.22 billion; its shares were traded at around $24.95 with a P/E ratio of 10.5 and P/S ratio of 1.5. The dividend yield of International Speedway Corp. stocks is 0.6%. International Speedway Corp. had an annual average earning growth of 16.8% over the past 10 years. GuruFocus rated International Speedway Corp. the business predictability rank of 3-star.
Added: Ameren Corp. (AEE)
David Dreman added to his holdings in Ameren Corp. by 126.28%. His purchase prices were between $21.8 and $24.53, with an estimated average price of $23.3. The impact to his portfolio due to this purchase was 0.11%. His holdings were 235,708 shares as of 06/30/2009.
Ameren Corporation companies provide energy services customers in Missouri and Illinois. AmerenUE one of its subsidiaries is the one of the largest electric utilities in Missouri and distributors of natural gas. AmerenCIPS another subsidiary is both an electric and natural gas utility and serves one of the largest geographic areas of Illinois-based utility companies. (Company Press Release) Ameren Corp. has a market cap of $5.39 billion; its shares were traded at around $25.22 with a P/E ratio of 8.9 and P/S ratio of 0.7. The dividend yield of Ameren Corp. stocks is 6%. Ameren Corp. had an annual average earning growth of 0.6% over the past 10 years. GuruFocus rated Ameren Corp. the business predictability rank of 2-star.
Added: Allied World Assurance Company Holdings (AWH)
David Dreman added to his holdings in Allied World Assurance Company Holdings by 22.01%. His purchase prices were between $35.82 and $40.45, with an estimated average price of $38.1. The impact to his portfolio due to this purchase was 0.11%. His holdings were 477,154 shares as of 06/30/2009.
Allied World Assurance Company Holdings Ltd is one of Bermuda's leading property and casualty insurers. The company through its operating subsidiaries offers property and casualty insurance and reinsurance on a worldwide basis. The principal operating subsidiaries of Allied World Assurance Company Holdings Ltd have A Excellent ratings from A.M. Best Company and A- ratings from Standard and Poor's. Allied World Assurance Company Holdings has a market cap of $2.13 billion; its shares were traded at around $43.1 with a P/E ratio of 4.6 and P/S ratio of 1.8. The dividend yield of Allied World Assurance Company Holdings stocks is 1.7%.
Added: Prosperity Bancshares Inc. (PRSP)
David Dreman added to his holdings in Prosperity Bancshares Inc. by 20.95%. His purchase prices were between $26.41 and $30.37, with an estimated average price of $28.7. The impact to his portfolio due to this purchase was 0.11%. His holdings were 696,153 shares as of 06/30/2009.
Prosperity Bancshares is a registered bank holding Company that derives substantially all of its revenues and income from the operation of First Prosperity Bank. The Bank is a full service bank that provides a broad lineof financial products and services to small and medium sized businesses and consumers through full-service banking locations three of which are located in the greater Houston metropolitan area. Prosperity Bancshares Inc. has a market cap of $1.49 billion; its shares were traded at around $32.31 with a P/E ratio of 15.2 and P/S ratio of 3.7. The dividend yield of Prosperity Bancshares Inc. stocks is 1.7%. Prosperity Bancshares Inc. had an annual average earning growth of 19.8% over the past 10 years. GuruFocus rated Prosperity Bancshares Inc. the business predictability rank of 5-star.
Added: Kelly Services Inc. (KELYA)
David Dreman added to his holdings in Kelly Services Inc. by 25.22%. His purchase prices were between $9.75 and $12.37, with an estimated average price of $11.3. The impact to his portfolio due to this purchase was 0.11%. His holdings were 1,634,868 shares as of 06/30/2009.
KELLY SERVICES INC. provides temporary office clerical marketing professional technical light industrial home care services management services and other business services to a diversified group of customers through offices located in major cities of the United States Australia Canada Denmark France Ireland Italy Luxembourg Mexico the Netherlands New Zealand Norway Russia Spain Switzerland and United Kingdom. Kelly Temporary Services provides office clerical marketing professional technical semi-skilled light industrial and management services. Kelly Services Inc. has a market cap of $448.2 million; its shares were traded at around $12.88 with and P/S ratio of 0.1. Kelly Services Inc. had an annual average earning growth of 62.9% over the past 5 years.
Added: Esterline Technologies Corp. (ESL)
David Dreman added to his holdings in Esterline Technologies Corp. by 20.38%. His purchase prices were between $24.27 and $31.54, with an estimated average price of $27.4. The impact to his portfolio due to this purchase was 0.1%. His holdings were 707,984 shares as of 06/30/2009.
Esterline Technologies Corporation is a specialized engineering and manufacturing company principally serving aerospace and defense markets. They design manufacture and market highly engineered products and systems for application within the industries they serve. Their products are found on most military and commercial aircraft helicopters and land-based systems. Their sales are diversified across three broad markets: defense commercial aerospace and general industrial. Esterline Technologies Corp. has a market cap of $861.7 million; its shares were traded at around $29 with a P/E ratio of 8.8 and P/S ratio of 0.6. Esterline Technologies Corp. had an annual average earning growth of 3.5% over the past 10 years.
Added: The Brink's Company (BCO)
David Dreman added to his holdings in The Brink's Company by 14.01%. His purchase prices were between $26.5 and $30.86, with an estimated average price of $28.8. The impact to his portfolio due to this purchase was 0.1%. His holdings were 836,058 shares as of 06/30/2009.
The Brink's Company is a global leader in business and security services. Their three main businesses are Brink's Incorporated the world's premier provider of secure transportation and cash management services; Brink's Home Security one of the largest and most successful residential alarm companies in North America; and BAX Global an industry leader in global supply chain management. The Brink's Company has a market cap of $1.38 billion; its shares were traded at around $30.39 with a P/E ratio of 9.2 and P/S ratio of 0.4. The dividend yield of The Brink's Company stocks is 1.3%. The Brink's Company had an annual average earning growth of 5% over the past 10 years.
Added: Newfield Exploration Company (NFX)
David Dreman added to his holdings in Newfield Exploration Company by 123.52%. His purchase prices were between $26.59 and $36.66, with an estimated average price of $32.9. The impact to his portfolio due to this purchase was 0.1%. His holdings were 185,693 shares as of 06/30/2009.
Newfield Exploration Company explores develops and acquires oil and natural gas properties primarily in the Gulf of Mexico. The company plans to continue to expand its reserve base and increase cash flow through the exploration and development of existing properties and the acquisition of proved properties with drilling upside. The company emphasizes: reserve growth through exploratory drilling balance between exploration and the acquisition and exploitation of proved properties strong geographic focus control of operations/low cost structure and use of 3-D seismic. Newfield Exploration Company has a market cap of $5.22 billion; its shares were traded at around $39.36 with a P/E ratio of 12.6 and P/S ratio of 2.3. Newfield Exploration Company had an annual average earning growth of 19.1% over the past 10 years. GuruFocus rated Newfield Exploration Company the business predictability rank of 4-star.
Added: OwensIllinois Inc. (OI)
David Dreman added to his holdings in OwensIllinois Inc. by 673.58%. His purchase prices were between $17.45 and $30.16, with an estimated average price of $25.2. The impact to his portfolio due to this purchase was 0.09%. His holdings were 114,908 shares as of 06/30/2009.
Owens-Illinois Inc. is one of the largest manufacturers of glass containers in North America South America Australia New Zealand and China and one of the largest in Europe. Millions of times a day O-I glass containers healthcare packaging and specialty closure systems deliver many of the world's best-known consumer products to people all around the world. With leading positions in Europe North America Asia Pacific and Latin America O-I provides consumer-preferred products that enable superior taste purity visual appeal and value benefits for our customers' products. OwensIllinois Inc. has a market cap of $5.22 billion; its shares were traded at around $31.01 with a P/E ratio of 9.6 and P/S ratio of 0.6. OwensIllinois Inc. had an annual average earning growth of 4.5% over the past 5 years. GuruFocus rated OwensIllinois Inc. the business predictability rank of 2.5-star.
Added: Amdocs Ltd. (DOX)
David Dreman added to his holdings in Amdocs Ltd. by 928%. His purchase prices were between $19.45 and $22.12, with an estimated average price of $21. The impact to his portfolio due to this purchase was 0.08%. His holdings were 128,500 shares as of 06/30/2009.
Amdocs is a leading provider of customer care billing and order management systems for communications and Internet services. Amdocs has an unparalleled success record in project delivery of its mission-critical products. With human resources of over 5900 information systems professionals Amdocs has an installed base of successful projects with more than 75 service providers throughout the world. In April 2000 Amdocs completed the acquisition of Solect Technology Group Inc. a leading provider of customer care and billing systems for IP providers. Amdocs Ltd. has a market cap of $4.83 billion; its shares were traded at around $23.68 with a P/E ratio of 11.6 and P/S ratio of 1.5. Amdocs Ltd. had an annual average earning growth of 15.6% over the past 5 years.
Added: CBS Corp. (CBS)
David Dreman added to his holdings in CBS Corp. by 360.65%. His purchase prices were between $5.33 and $8.73, with an estimated average price of $7.2. The impact to his portfolio due to this purchase was 0.08%. His holdings were 452,479 shares as of 06/30/2009.
CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry as well as newer businesses that operate on the leading edge of the media industry. The Company through its many and varied operations combines broad reach with well-positioned local businesses all of which provide it with an extensive distribution network by which it serves audiences and advertisers in states and key international markets. It has operations in virtually every field of media and entertainment including broadcast television (CBS and UPN) cable television (Showtime) local television (CBS Television Stations) television production and syndication (CBS Paramount Television and King World) radio (CBS Radio) advertising on out-of-home media (CBS Outdoor) publishing (Simon & Schuster) theme parks (Paramount Parks) digital media (CBS Digital Media Group and CSTV Networks) and consumer products (CBS Consumer Products). CBS Corp. has a market cap of $5.3 billion; its shares were traded at around $7.8 with a P/E ratio of 6.7 and P/S ratio of 0.4. The dividend yield of CBS Corp. stocks is 2.6%.
Added: Ameriprise Financial Inc. (AMP)
David Dreman added to his holdings in Ameriprise Financial Inc. by 50.83%. His purchase prices were between $23.89 and $30.2, with an estimated average price of $26.4. The impact to his portfolio due to this purchase was 0.06%. His holdings were 216,182 shares as of 06/30/2009.
AMERIPRISE FINANCIAL INC. is a financial planning and services company with financial advisors and registered representatives that provides solutions for clients' asset accumulation income management and insurance protection needs. The Company's financial advisors deliver tailored solutions to clients through a personalized financial planning approach built on a long-term relationship with a knowledgeable advisor. The Company specializes in meeting the retirement-related financial needs of the mass affluent and affluent. Financial planning services and investments are available through Ameriprise Financial Services Inc. Member FINRA and SIPC. Ameriprise Financial Inc. has a market cap of $6.68 billion; its shares were traded at around $26.17 with a P/E ratio of 7.5 and P/S ratio of 0.9. The dividend yield of Ameriprise Financial Inc. stocks is 2.6%.
Added: PPL Corp. (PPL)
David Dreman added to his holdings in PPL Corp. by 71.99%. His purchase prices were between $28.61 and $33.3, with an estimated average price of $31.3. The impact to his portfolio due to this purchase was 0.03%. His holdings were 71,075 shares as of 06/30/2009.
PPL Corporation is an energy and utility holding company. PPL controls more than 12000 megawatts of generating capacity in the United States sells energy in key U.S. markets and delivers electricity to customers in Pennsylvania and the United Kingdom. PPL Corp. has a market cap of $12.5 billion; its shares were traded at around $33.25 with a P/E ratio of 16.6 and P/S ratio of 1.5. The dividend yield of PPL Corp. stocks is 4.1%. PPL Corp. had an annual average earning growth of 5.3% over the past 10 years.
Added: KBW BANK ETF (KBE)
David Dreman added to his holdings in KBW BANK ETF by 56.3%. His purchase prices were between $15.93 and $21.48, with an estimated average price of $18.2. The impact to his portfolio due to this purchase was 0.03%. His holdings were 153,307 shares as of 06/30/2009.
KBW BANK ETF has a market cap of $11 million; its shares were traded at around $18.48 . The dividend yield of KBW BANK ETF stocks is 2.3%.
Added: LORILLARD, INC (LO)
David Dreman added to his holdings in LORILLARD, INC by 31.08%. His purchase prices were between $61.25 and $69.06, with an estimated average price of $66. The impact to his portfolio due to this purchase was 0.02%. His holdings were 38,800 shares as of 06/30/2009.
LORILLARD is the third largest manufacturer of cigarettes in the United States. Lorillard is the oldest continuously operating tobacco company in the U.S. Newport Lorillard's flagship brand is a menthol-flavored premium cigarette brand and the top selling menthol and second largest selling cigarette in the U.S. In addition to Newport the Lorillard product line has five additional brand families marketed under the Kent? True? Maverick? Old Gold? and Max? brand names. These six brands include 44 different product offerings which vary in price taste flavor length and packaging. Lorillard's manufactures all of its products at its Greensboro North Carolina facility and maintains its headquarters there. LORILLARD, INC has a market cap of $12.13 billion; its shares were traded at around $72.11 with a P/E ratio of 13.8 and P/S ratio of 2.9. The dividend yield of LORILLARD, INC stocks is 5%.
Added: Biogen Idec Inc (BIIB)
David Dreman added to his holdings in Biogen Idec Inc by 28.23%. His purchase prices were between $46.08 and $52.96, with an estimated average price of $50. The impact to his portfolio due to this purchase was 0.02%. His holdings were 46,223 shares as of 06/30/2009.
IDEC Pharmaceuticals Corporation is a biopharmaceutical company engaged primarily in the research development and commercialization of targeted therapies for the treatment of cancer and autoimmune and inflammatory diseases. Their first commercial product Rituxan and our most advanced product candidate ZEVALIN are for use in the treatment of certain B-cellnon-Hodgkin's lymphomas. They are also developing products for the treatment of various autoimmune diseases (such as psoriasis rheumatoidarthritis and lupus). Biogen Idec Inc has a market cap of $14.02 billion; its shares were traded at around $48.59 with a P/E ratio of 13.4 and P/S ratio of 3.4.
Added: Xilinx Inc. (XLNX)
David Dreman added to his holdings in Xilinx Inc. by 30.11%. His purchase prices were between $18.58 and $21.42, with an estimated average price of $20.1. The impact to his portfolio due to this purchase was 0.02%. His holdings were 106,725 shares as of 06/30/2009.
Xilinx Inc. designs develops and markets complete programmable logic solutions including advanced integrated circuits software design tools predefined system functions delivered as cores of logic and field engineering support. Its programmable logic devices include field programmable gate arrays and complex programmable logic devices. These devices are standard products that its customers program to perform desired logic functions. Xilinx Inc. has a market cap of $5.82 billion; its shares were traded at around $21.13 with a P/E ratio of 19.1 and P/S ratio of 3.2. The dividend yield of Xilinx Inc. stocks is 2.6%. Xilinx Inc. had an annual average earning growth of 9.1% over the past 10 years.
Added: American Electric Power Company Inc. (AEP)
David Dreman added to his holdings in American Electric Power Company Inc. by 29.65%. His purchase prices were between $24.94 and $28.61, with an estimated average price of $26.6. The impact to his portfolio due to this purchase was 0.02%. His holdings were 107,222 shares as of 06/30/2009.
American Electric Power is a public utility holding company which ownsdirectly or indirectly all of the outstanding common stock of its domesticelectric utility subsidiaries and varying percentages of other subsidiaries. Substantially all of the operating revenues of AEP and its subsidiaries are derived from the furnishing of electric service. The Company's operations are divided into three business segments: Wholesale Energy Delivery and Other. American Electric Power Company Inc. has a market cap of $14.4 billion; its shares were traded at around $30.21 with a P/E ratio of 9.7 and P/S ratio of 1. The dividend yield of American Electric Power Company Inc. stocks is 5.4%. American Electric Power Company Inc. had an annual average earning growth of 1.7% over the past 5 years.
Added: Energizer Holdings Inc. (ENR)
David Dreman added to his holdings in Energizer Holdings Inc. by 50.63%. His purchase prices were between $51.42 and $58.43, with an estimated average price of $54.3. The impact to his portfolio due to this purchase was 0.02%. His holdings were 42,025 shares as of 06/30/2009.
Energizer Holdings is the world's largest manufacturer of primary batteries and flashlights and a global leader in the dynamic business of providing portable power. Energizer's subsidiaries manufacture and market a complete line of primary alkaline and carbon zinc batteries under the Energizer and Eveready brands as well as miniature batteries and flashlights and other lighting products. Energizer also markets a line of rechargeable batteries. (PRESS RELEASE) Energizer Holdings Inc. has a market cap of $3.98 billion; its shares were traded at around $58.68 with a P/E ratio of 9.8 and P/S ratio of 0.9. Energizer Holdings Inc. had an annual average earning growth of 27.9% over the past 5 years.
Added: Fifth Third Bancorp (FITB)
David Dreman added to his holdings in Fifth Third Bancorp by 94.38%. His purchase prices were between $3.57 and $8.48, with an estimated average price of $6.2. The impact to his portfolio due to this purchase was 0.01%. His holdings were 99,065 shares as of 06/30/2009.
Fifth Third Bancorp is a registered financial holding company and a multi-bank holding company. They engage primarily in commercial retail and trust banking data processing services investment advisory services and leasing activities. In addition the company provides credit lifeaccident health and mortgage insurance discount brokerage services andproperty management for its properties. Fifth Third Bancorp has a market cap of $4.62 billion; its shares were traded at around $8.01 with and P/S ratio of 0.6. The dividend yield of Fifth Third Bancorp stocks is 0.5%. Fifth Third Bancorp had an annual average earning growth of 8% over the past 10 years.
Added: Noble Energy Inc. (NBL)
David Dreman added to his holdings in Noble Energy Inc. by 21.39%. His purchase prices were between $51.97 and $66.77, with an estimated average price of $59.8. The impact to his portfolio due to this purchase was 0.01%. His holdings were 42,075 shares as of 06/30/2009.
Noble Energy the parent company of Samedan Oil Corporation Noble Gas Marketing Inc. and Noble Trading Inc. is one of the nation's leading independent energy companies. Noble Energy operates throughout major basins in the United Stated including the Gulf of Mexico as well as internationally in Argentina China Ecuador Equatorial Guinea the Mediterranean Sea the North Sea and Vietnam. Noble Energy Inc. has a market cap of $10.41 billion; its shares were traded at around $60.05 with a P/E ratio of 10.8 and P/S ratio of 2.6. The dividend yield of Noble Energy Inc. stocks is 1.2%. Noble Energy Inc. had an annual average earning growth of 14.7% over the past 10 years. GuruFocus rated Noble Energy Inc. the business predictability rank of 1-star.
Added: Select Sector SPDRFinancial (XLF)
David Dreman added to his holdings in Select Sector SPDRFinancial by 67.34%. His purchase prices were between $10.58 and $12.95, with an estimated average price of $11.7. The impact to his portfolio due to this purchase was 0.01%. His holdings were 89,833 shares as of 06/30/2009.
Select Sector SPDRFinancial has a market cap of $3.61 billion; its shares were traded at around $12.49 . The dividend yield of Select Sector SPDRFinancial stocks is 1.8%.
Added: Eli Lilly and Company (LLY)
David Dreman added to his holdings in Eli Lilly and Company by 67.65%. His purchase prices were between $32.19 and $35.46, with an estimated average price of $34. The impact to his portfolio due to this purchase was 0.01%. His holdings were 13,714 shares as of 06/30/2009.
Eli Lilly and Company discovers develops manufactures and sells products in one significant business segment -pharmaceutical products. The company directs its research efforts primarily toward the search for products to diagnose prevent and treat human diseases. The company also conducts research to find products to treat diseases in animals and to increase the efficiency of animal food production. Eli Lilly and Company has a market cap of $39.39 billion; its shares were traded at around $34.28 with a P/E ratio of 7.9 and P/S ratio of 1.9. The dividend yield of Eli Lilly and Company stocks is 5.7%. Eli Lilly and Company had an annual average earning growth of 4.4% over the past 10 years. GuruFocus rated Eli Lilly and Company the business predictability rank of 4.5-star.
Added: Whirlpool Corp. (WHR)
David Dreman added to his holdings in Whirlpool Corp. by 20.49%. His purchase prices were between $34.97 and $49.29, with an estimated average price of $42.1. The impact to his portfolio due to this purchase was 0.01%. His holdings were 61,535 shares as of 06/30/2009.
Whirlpool Corp. manufactures and markets a full line of major appliances and related products primarily for home use. The company's principal products are home laundry appliances home refrigerators and freezers home cooking appliances home dishwashers room air-conditioning equipment and mixers and other small household appliances. The company also produces hermetic compressors and plastic components primarilyfor the home appliance and electronics industries. Whirlpool Corp. has a market cap of $4.03 billion; its shares were traded at around $54.62 with a P/E ratio of 10.2 and P/S ratio of 0.2. The dividend yield of Whirlpool Corp. stocks is 3.1%. Whirlpool Corp. had an annual average earning growth of 5.7% over the past 10 years. GuruFocus rated Whirlpool Corp. the business predictability rank of 2.5-star.
Added: State Street Corp. (STT)
David Dreman added to his holdings in State Street Corp. by 64.66%. His purchase prices were between $34.1 and $48.32, with an estimated average price of $42. The impact to his portfolio due to this purchase was 0.01%. His holdings were 13,041 shares as of 06/30/2009.
State Street Corporation is the world's leading specialist in providing sophisticated global investors with investment servicing investment management investment research and trading services. Customers include mutual funds and other collective investment funds corporate and public pension funds corporations unions and not-for-profit organizations in and outside of the United States. State Street Corp. has a market cap of $23.66 billion; its shares were traded at around $48.68 with a P/E ratio of 10 and P/S ratio of 1.9. The dividend yield of State Street Corp. stocks is 0.1%. State Street Corp. had an annual average earning growth of 12.6% over the past 10 years. GuruFocus rated State Street Corp. the business predictability rank of 3-star.
Added: Baker Hughes Inc. (BHI)
David Dreman added to his holdings in Baker Hughes Inc. by 20.56%. His purchase prices were between $30.84 and $41.72, with an estimated average price of $36.8. The impact to his portfolio due to this purchase was 0.01%. His holdings were 56,431 shares as of 06/30/2009.
Baker Hughes Inc. is engaged in the oilfield and process industries. In addition the company manufactures and sells other products and provides services to industries that are not related to the oilfield or continuous process industries. The company conducts certain of its operations through joint ventures partnerships or alliances. Baker Hughes Inc. has a market cap of $12.65 billion; its shares were traded at around $40.86 with a P/E ratio of 8.2 and P/S ratio of 1. The dividend yield of Baker Hughes Inc. stocks is 1.4%. Baker Hughes Inc. had an annual average earning growth of 16.6% over the past 10 years.
Added: KeyCorp (KEY)
David Dreman added to his holdings in KeyCorp by 59.61%. His purchase prices were between $5 and $9.03, with an estimated average price of $6.3. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 86,884 shares as of 06/30/2009.
KeyCorp is an integrated multi-line financial services company. Its subsidiaries provide a wide range of investment management retail and commercial banking consumer finance and investment banking products and services to corporate individual and institutional clients through four lines of business: Key Retail Banking Key Specialty Finance Key Corporate Capital and Key Capital Partners. KeyCorp has a market cap of $2.71 billion; its shares were traded at around $5.4 with and P/S ratio of 0.4. The dividend yield of KeyCorp stocks is 0.7%. KeyCorp had an annual average earning growth of 9.9% over the past 5 years.
Added: CIT Group Inc. (CIT)
David Dreman added to his holdings in CIT Group Inc. by 78.02%. His purchase prices were between $2.12 and $4.23, with an estimated average price of $3. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 55,445 shares as of 06/30/2009.
CIT Group Inc. is a leading commercial and consumer finance company provides clients with financing and leasing products and advisory services. CIT Group Inc. has a market cap of $287.7 million; its shares were traded at around $0.74 with and P/S ratio of 0.1. CIT Group Inc. had an annual average earning growth of 27.2% over the past 5 years.
Added: CIGNA Corp. (CI)
David Dreman added to his holdings in CIGNA Corp. by 21.41%. His purchase prices were between $19.49 and $25.24, with an estimated average price of $21.8. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 12,712 shares as of 06/30/2009.
CIGNA Corporation is an investor-owned employee benefits organizations in the United States. Its subsidiaries are major providers of health care products and services group life accident and disability insurance retirement products and services and investment management. CIGNA conducts its business through the following operating divisions: Employee Health Care Life and Disability Benefits; Employee Retirement Benefits and Investment Services; International Life Health and Employee Benefits; and Other Operations. CIGNA Corp. has a market cap of $6.91 billion; its shares were traded at around $25.32 with a P/E ratio of 8 and P/S ratio of 0.4. The dividend yield of CIGNA Corp. stocks is 0.6%. CIGNA Corp. had an annual average earning growth of 21.7% over the past 5 years.
Added: The Chubb Corp. (CB)
David Dreman added to his holdings in The Chubb Corp. by 25.38%. His purchase prices were between $38.21 and $42.48, with an estimated average price of $40. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 6,971 shares as of 06/30/2009.
Chubb Corporation is a holding company with subsidiaries principally engaged in the property and casualty insurance business. The property and casualty insurance subsidiaries provide insurance coverages principally in the United States Canada Europe and parts of Australia Latin America and the Far East. The Chubb Corp. has a market cap of $15 billion; its shares were traded at around $42.61 with a P/E ratio of 7.9 and P/S ratio of 1.2. The dividend yield of The Chubb Corp. stocks is 3.3%. The Chubb Corp. had an annual average earning growth of 7.8% over the past 5 years.
New Purchase: Microsemi Corp. (MSCC)
David Dreman initiated holdings in Microsemi Corp.. His purchase prices were between $12.35 and $15.32, with an estimated average price of $13.5. The impact to his portfolio due to this purchase was 0.72%. His holdings were 1,637,831 shares as of 06/30/2009.
Microsemi Corp. is a leading designer manufacturer and marketer of analog mixed-signal and discrete semiconductors. The company's semiconductors manage and regulate power protect against transient voltage spikes and transmit receive and amplify signals. The company's products include individual components as well as complete circuit solutions that enhance our customers' end products by providing battery optimization reducing size or protecting circuits. (PRESS RELEASE) Microsemi Corp. has a market cap of $1.16 billion; its shares were traded at around $14.25 with a P/E ratio of 14.2 and P/S ratio of 2.2. Microsemi Corp. had an annual average earning growth of 78.5% over the past 5 years.
New Purchase: Anworth Mortgage Asset Corp. (ANH)
David Dreman initiated holdings in Anworth Mortgage Asset Corp.. His purchase prices were between $5.81 and $6.91, with an estimated average price of $6.4. The impact to his portfolio due to this purchase was 0.67%. His holdings were 2,912,478 shares as of 06/30/2009.
Anworth Mortgage Asset Corp. was formed to invest in mortgage assetsincluding mortgage pass-through certificates collateralized mortgageobligations mortgage loans and other securities representing interests in or obligations backed by pools of mortgage loans which can be readily financed and short-term investments. The Company intends to acquire mortgage assets primarily in the secondary mortgage market through its manager Anworth Mortgage Advisory Corporation. Anworth Mortgage Asset Corp. has a market cap of $741 million; its shares were traded at around $7.29 with a P/E ratio of 6.6 and P/S ratio of 2.6. The dividend yield of Anworth Mortgage Asset Corp. stocks is 16.5%. Anworth Mortgage Asset Corp. had an annual average earning growth of 21.9% over the past 5 years.
New Purchase: The Scotts MiracleGro Company Commmon (SMG)
David Dreman initiated holdings in The Scotts MiracleGro Company Commmon. His purchase prices were between $32.26 and $38.57, with an estimated average price of $35.1. The impact to his portfolio due to this purchase was 0.62%. His holdings were 553,869 shares as of 06/30/2009.
The Scotts Miracle-Gro Company through its wholly-owned subsidiary The Scotts Company LLC is the world's largest marketer of branded consumer products for lawn and garden care with products for professional horticulture as well. The Company's brands are the most recognized in the industry. In the U.S. the Company's Scotts Miracle-Gro Ortho and Smith & Hawken brands are market-leading in their categories as is the consumer Roundup brand which is marketed in North America and most of Europe exclusively by Scotts and owned by Monsanto. In the U.S. the Company operates Scotts LawnService0 the second largest residential lawn care service business. In Europe the Company's brands include Weedol Pathclear Evergreen Levington Miracle-Gro KB Fertiligene and Substral. Its customers include home improvement centers mass merchandisers warehouse clubs hardware chains independent hardware stores nurseries food and drug stores commercial nurseries and greenhouses and s The Scotts MiracleGro Company Commmon has a market cap of $2.62 billion; its shares were traded at around $39.97 with a P/E ratio of 18.5 and P/S ratio of 0.9. The dividend yield of The Scotts MiracleGro Company Commmon stocks is 1.3%. The Scotts MiracleGro Company Commmon had an annual average earning growth of 2.4% over the past 10 years.
New Purchase: Contango Oil and Gas Co (MCF)
David Dreman initiated holdings in Contango Oil and Gas Co. His purchase prices were between $38.06 and $49.87, with an estimated average price of $43.2. The impact to his portfolio due to this purchase was 0.45%. His holdings were 330,351 shares as of 06/30/2009.
Contango Oil & Gas is a Houston-based independent natural gas and oil company. The Company explores develops produces and acquires natural gas and oil properties primarily onshore in the Gulf Coast and offshore in the Gulf of Mexico. Contango Oil and Gas Co has a market cap of $724.9 million; its shares were traded at around $45.8 with and P/S ratio of 6.2.
New Purchase: Owens & Minor Inc. (OMI)
David Dreman initiated holdings in Owens & Minor Inc.. His purchase prices were between $32.97 and $43, with an estimated average price of $36.3. The impact to his portfolio due to this purchase was 0.32%. His holdings were 226,661 shares as of 06/30/2009.
Owens & Minor Inc. is one of the nation's largest distributors of national name brand medical/surgical supplies. With distribution centers located throughout the United States the company serves hospitals integrated healthcare systems and group purchasing organizations. In addition to a diverse product offering Owens & Minor offers innovative services in supply chain management logistics and technology helping customers control healthcare costs and improve inventory management. Owens & Minor Inc. has a market cap of $1.85 billion; its shares were traded at around $44.4 with a P/E ratio of 18.7 and P/S ratio of 0.2. The dividend yield of Owens & Minor Inc. stocks is 2.1%. Owens & Minor Inc. had an annual average earning growth of 3.2% over the past 10 years. GuruFocus rated Owens & Minor Inc. the business predictability rank of 3.5-star.
New Purchase: Garmin Ltd. (GRMN)
David Dreman initiated holdings in Garmin Ltd.. His purchase prices were between $19.74 and $25.45, with an estimated average price of $22.4. The impact to his portfolio due to this purchase was 0.2%. His holdings were 267,715 shares as of 06/30/2009.
Garmin International is designs manufactures and markets navigation and communications equipment for a variety of markets including aviation marine automotive cellular OEM and general recreation. Specifically the company aims to enrich the lives of customers suppliers distributors and employees by providing the very best products that offer superior quality safety and operational features at affordable prices. Garmin Ltd. has a market cap of $5.55 billion; its shares were traded at around $27.71 with a P/E ratio of 9.3 and P/S ratio of 1.6. The dividend yield of Garmin Ltd. stocks is 2.7%. Garmin Ltd. had an annual average earning growth of 41.7% over the past 5 years.
New Purchase: Arris Group Inc (ARRS)
David Dreman initiated holdings in Arris Group Inc. His purchase prices were between $8.95 and $12.67, with an estimated average price of $11. The impact to his portfolio due to this purchase was 0.12%. His holdings were 308,000 shares as of 06/30/2009.
Arris Group Inc. is an international communications technology company serving the broadband information transport industries. Arris specializes in the manufacturing and distribution of products for hybrid fiber coax broadband networks as well as the design and engineering of these networks. Arris Group Inc has a market cap of $1.68 billion; its shares were traded at around $13.54 with a P/E ratio of 18.1 and P/S ratio of 1.5.
New Purchase: McDermott International Inc. (MDR)
David Dreman initiated holdings in McDermott International Inc.. His purchase prices were between $15.76 and $23.28, with an estimated average price of $19.2. The impact to his portfolio due to this purchase was 0.11%. His holdings were 166,300 shares as of 06/30/2009.
McDermott International is one of the leading worldwide energy services companies. The company's subsidiaries manufacture steam-generating equipment environmental equipment and products for the U.S. government. They also provide engineering and construction services for industrial utility and hydrocarbon processing facilities and to the offshore oil and natural gas industry. (Company Press Release) McDermott International Inc. has a market cap of $4.56 billion; its shares were traded at around $19.94 with a P/E ratio of 11.9 and P/S ratio of 0.7. McDermott International Inc. had an annual average earning growth of 18.4% over the past 5 years.
New Purchase: MFA Mortgage Investments Inc. (MFA)
David Dreman initiated holdings in MFA Mortgage Investments Inc.. His purchase prices were between $5.51 and $6.53, with an estimated average price of $6.1. The impact to his portfolio due to this purchase was 0.11%. His holdings were 476,200 shares as of 06/30/2009.
MFA Mortgage Investments Inc. operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. The company also has indirect investment in Lealand Place a multifamily apartment property located in Lawrenceville Georgia. In addition it provides investment advisory services to a third-party institution with respect to their MBS portfolio investments. MFA Mortgage Investments Inc. has a market cap of $1.58 billion; its shares were traded at around $7.11 with a P/E ratio of 8.2 and P/S ratio of 3.9. The dividend yield of MFA Mortgage Investments Inc. stocks is 14.1%. MFA Mortgage Investments Inc. had an annual average earning growth of 17% over the past 5 years.
New Purchase: ONEOK Inc. (OKE)
David Dreman initiated holdings in ONEOK Inc.. His purchase prices were between $23.85 and $30, with an estimated average price of $27.4. The impact to his portfolio due to this purchase was 0.1%. His holdings were 102,100 shares as of 06/30/2009.
ONEOK Inc. is engaged in several aspects of the energy business. The company purchases gathers compresses transports stores and distributes natural gas. It also leases pipeline capacity to others. The company drills for and produces oil and gas extracts and sells natural gas liquids and is engaged in the gas marketing business. ONEOK Inc. has a market cap of $3.45 billion; its shares were traded at around $32.79 with a P/E ratio of 12 and P/S ratio of 0.2. The dividend yield of ONEOK Inc. stocks is 4.9%. ONEOK Inc. had an annual average earning growth of 7.3% over the past 10 years. GuruFocus rated ONEOK Inc. the business predictability rank of 2.5-star.
New Purchase: Alliance Data Systems Corp. (ADS)
David Dreman initiated holdings in Alliance Data Systems Corp.. His purchase prices were between $38.62 and $48.28, with an estimated average price of $42.3. The impact to his portfolio due to this purchase was 0.09%. His holdings were 68,090 shares as of 06/30/2009.
Alliance Data Systems Corporation is a leading provider of transaction services credit services and marketing services to retail companies in North America. They focus on facilitating and managing electronic transactions between clients and their customers through multiple distribution channels including in-store catalog and the Internet. Their credit and marketing services assist clients in identifying and acquiring new customers as well as helping to increase the loyalty and profitability of their existing customers. Alliance Data Systems Corp. has a market cap of $2.91 billion; its shares were traded at around $50.09 with a P/E ratio of 12.4 and P/S ratio of 1.5. Alliance Data Systems Corp. had an annual average earning growth of 30.7% over the past 5 years.
New Purchase: Tidewater Inc. (TDW)
David Dreman initiated holdings in Tidewater Inc.. His purchase prices were between $41.53 and $49.52, with an estimated average price of $45.1. The impact to his portfolio due to this purchase was 0.09%. His holdings were 64,384 shares as of 06/30/2009.
Tidewater Inc. owns and operates one of the world's largest fleets serving the international offshore energy industry. Tidewater vessels can be found in virtually every area of the world where there is significant oil and gas exploration development or production. These provide a wide range of services including: transporting crews and supplies between the mainland and offshore locations; towing and positioning mobile drilling rigs; assisting in offshore construction projects; and a variety of specialized services including cable laying and 3-D seismic work. Tidewater Inc. has a market cap of $2.44 billion; its shares were traded at around $47.13 with a P/E ratio of 6 and P/S ratio of 1.7. The dividend yield of Tidewater Inc. stocks is 2%. Tidewater Inc. had an annual average earning growth of 4.3% over the past 10 years.
New Purchase: Crane Co. (CR)
David Dreman initiated holdings in Crane Co.. His purchase prices were between $19.67 and $25.18, with an estimated average price of $22.6. The impact to his portfolio due to this purchase was 0.09%. His holdings were 119,100 shares as of 06/30/2009.
Crane Co. is a diversified manufacturer of highly engineered industrial products. Crane provides products and solutions to customers in the aerospace electronics hydrocarbon processing petrochemical chemical power generation automated merchandising transportation and other markets. The Company has five business segments: Aerospace & Electronics Fluid Handling Engineered Materials Merchandising Systems and Controls. Crane Co. has a market cap of $1.39 billion; its shares were traded at around $23.8 with a P/E ratio of 9.3 and P/S ratio of 0.5. The dividend yield of Crane Co. stocks is 3.4%.
New Purchase: Fiserv Inc. (FISV)
David Dreman initiated holdings in Fiserv Inc.. His purchase prices were between $36.5 and $46.66, with an estimated average price of $41.4. The impact to his portfolio due to this purchase was 0.08%. His holdings were 51,700 shares as of 06/30/2009.
Fiserv Inc. a Fortune five hundred company provides information management systems and services to the financial and insurance industries. Leading services include transaction processing outsourcing business process outsourcing software and systems solutions. Fiserv Inc. has a market cap of $7.69 billion; its shares were traded at around $49.4 with a P/E ratio of 14.7 and P/S ratio of 1.6. Fiserv Inc. had an annual average earning growth of 13.8% over the past 10 years. GuruFocus rated Fiserv Inc. the business predictability rank of 4-star.
New Purchase: Coeur dAlene Mines Corp. (CDE)
David Dreman initiated holdings in Coeur dAlene Mines Corp.. His purchase prices were between $10.5 and $15, with an estimated average price of $13.2. The impact to his portfolio due to this purchase was 0.08%. His holdings were 207,900 shares as of 06/30/2009.
Coeur d'Alene Mines Corporation is engaged through its subsidiaries inthe operation and/or ownership development and exploration of silver and gold mining properties and companies located primarily within the United States (NevadaIdaho and Alaska) and South America (Bolivia and Chile). Coeur also has interests in other properties which are the subject ofsilver or gold exploration activities at which no mineable ore reserves have yet been delineated. Coeur dAlene Mines Corp. has a market cap of $927.2 million; its shares were traded at around $13.51 with a P/E ratio of 67.6 and P/S ratio of 4.9. Coeur dAlene Mines Corp. had an annual average earning growth of 39.5% over the past 5 years.
New Purchase: Silver Wheaton Corp. (SLW)
David Dreman initiated holdings in Silver Wheaton Corp.. His purchase prices were between $7.41 and $10.52, with an estimated average price of $8.8. The impact to his portfolio due to this purchase was 0.08%. His holdings were 302,475 shares as of 06/30/2009.
Silver Wheaton is the only mining company with 100% of its revenue from silver production. Silver Wheaton Corp. has a market cap of $2.85 billion; its shares were traded at around $9.16 with a P/E ratio of 33.9 and P/S ratio of 17.2.
New Purchase: National Semiconductor Corp. (NSM)
David Dreman initiated holdings in National Semiconductor Corp.. His purchase prices were between $11.88 and $13.8, with an estimated average price of $12.8. The impact to his portfolio due to this purchase was 0.07%. His holdings were 168,100 shares as of 06/30/2009.
National Semiconductor Corp. the industry's premier analog company creates high performance analog devices and subsystems. National's leading-edge products include power management circuits display drivers audio and operational amplifiers communication interface products and data conversion solutions. National's key analog markets include wireless handsets displays and a variety of broad electronics markets including medical automotive industrial and test and measurement applications. National Semiconductor Corp. has a market cap of $3.34 billion; its shares were traded at around $14.54 with a P/E ratio of 58.1 and P/S ratio of 2.2. The dividend yield of National Semiconductor Corp. stocks is 2.3%. National Semiconductor Corp. had an annual average earning growth of 19% over the past 5 years.
New Purchase: Hudson City Bancorp Inc. (HCBK)
David Dreman initiated holdings in Hudson City Bancorp Inc.. His purchase prices were between $11.63 and $13.44, with an estimated average price of $12.7. The impact to his portfolio due to this purchase was 0.07%. His holdings were 165,350 shares as of 06/30/2009.
HUDSON CITY BANCCORP is a bank holding company. Through its subsidiary Hudson City Savings they are a community and customer-oriented savings bank that provides financial services primarily to individuals and families. Hudson City Savings is a community and customer-oriented retail savings bank offering traditional deposit products residential real estate mortgage loans and consumer loans. Hudson City Bancorp Inc. has a market cap of $7.26 billion; its shares were traded at around $13.93 with a P/E ratio of 14.2 and P/S ratio of 2.8. The dividend yield of Hudson City Bancorp Inc. stocks is 4.3%. Hudson City Bancorp Inc. had an annual average earning growth of 34% over the past 5 years.
New Purchase: Terra Industries Inc. (TRA)
David Dreman initiated holdings in Terra Industries Inc.. His purchase prices were between $25.02 and $30.02, with an estimated average price of $27.2. The impact to his portfolio due to this purchase was 0.07%. His holdings were 84,618 shares as of 06/30/2009.
Terra Industries Inc. is an industry leader in the production and marketing of both nitrogen products and methanol. Terra is one of the largest producers of anhydrous ammonia and nitrogen solutions in the United States and Canada and of ammonium nitrate in the United Kingdom. In addition Terra is one of the largest U.S. producers and marketers of methanol. Terra Industries Inc. has a market cap of $2.81 billion; its shares were traded at around $28.2 with a P/E ratio of 5.3 and P/S ratio of 0.9. The dividend yield of Terra Industries Inc. stocks is 1.4%. Terra Industries Inc. had an annual average earning growth of 53.1% over the past 5 years.
New Purchase: VF Corp. (VFC)
David Dreman initiated holdings in VF Corp.. His purchase prices were between $53.85 and $68.24, with an estimated average price of $59.3. The impact to his portfolio due to this purchase was 0.07%. His holdings were 42,050 shares as of 06/30/2009.
V.F. Corporation designs manufactures and markets branded jeanswear intimate apparel children's playwear occupational apparel knitwear and other apparel. VF Corporation oversees the operations of its individual businesses providing them with financial and administrative resources. Its principal brands include Lee Wrangler Riders Rustler Vanity Fair Vassarette Bestform Lily of France Lee Sport Healthtex JanSport Eastpak Red Kap and The North Face. VF Corp. has a market cap of $7.16 billion; its shares were traded at around $64.73 with a P/E ratio of 12.5 and P/S ratio of 0.9. The dividend yield of VF Corp. stocks is 3.6%. VF Corp. had an annual average earning growth of 5.9% over the past 10 years.
New Purchase: Federated Investors Inc. (FII)
David Dreman initiated holdings in Federated Investors Inc.. His purchase prices were between $22.28 and $26.25, with an estimated average price of $24. The impact to his portfolio due to this purchase was 0.07%. His holdings were 94,350 shares as of 06/30/2009.
Federated Investors Inc. is a provider of investment management and related financial services. Federated sponsors markets and provides investment advisory distribution and administrative services primarily to mutual funds. These funds are offered through banks broker/dealers and other financial intermediaries who use them to meet the needs of their customers; these customers include retail investors corporations and retirement plans. Federated Investors Inc. has a market cap of $2.69 billion; its shares were traded at around $26.17 with a P/E ratio of 12.3 and P/S ratio of 2.2. The dividend yield of Federated Investors Inc. stocks is 3.7%. Federated Investors Inc. had an annual average earning growth of 8.7% over the past 10 years. GuruFocus rated Federated Investors Inc. the business predictability rank of 3.5-star.
New Purchase: National Penn Bancshares Inc. (NPBC)
David Dreman initiated holdings in National Penn Bancshares Inc.. His purchase prices were between $4.72 and $10.11, with an estimated average price of $6.9. The impact to his portfolio due to this purchase was 0.04%. His holdings were 289,100 shares as of 06/30/2009.
NATIONAL PENN BANCSHARES INC is a bank holding company engaged in general banking business. National Penn Bancshares Inc. has a market cap of $346.9 million; its shares were traded at around $4.13 with a P/E ratio of 16.6 and P/S ratio of 0.7. The dividend yield of National Penn Bancshares Inc. stocks is 4.8%. National Penn Bancshares Inc. had an annual average earning growth of 5.4% over the past 10 years. GuruFocus rated National Penn Bancshares Inc. the business predictability rank of 2.5-star.
New Purchase: Humana Inc. (HUM)
David Dreman initiated holdings in Humana Inc.. His purchase prices were between $27.36 and $32.62, with an estimated average price of $30.3. The impact to his portfolio due to this purchase was 0.01%. His holdings were 6,791 shares as of 06/30/2009.
Humana Inc. is a health services company that facilitates the delivery of health care services through networks of providers to its medical members. The company's products are marketed primarily through health maintenance organizations and preferred provider organizations that encourage or require the use of contracted providers. The company also offers various specialty products to employers including dental group life and workers' compensation and administrative services to those who self-insure their employee health plans. Humana Inc. has a market cap of $5.19 billion; its shares were traded at around $30.57 with a P/E ratio of 6.1 and P/S ratio of 0.2. Humana Inc. had an annual average earning growth of 18.7% over the past 10 years. GuruFocus rated Humana Inc. the business predictability rank of 2-star.
New Purchase: The Boeing Company (BA)
David Dreman initiated holdings in The Boeing Company. His purchase prices were between $37.95 and $52.65, with an estimated average price of $43.9. The impact to his portfolio due to this purchase was 0.01%. His holdings were 5,060 shares as of 06/30/2009.
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 $30.46 billion; its shares were traded at around $41.95 with a P/E ratio of 11.7 and P/S ratio of 0.5. The dividend yield of The Boeing Company stocks is 4%. The Boeing Company had an annual average earning growth of 10.9% over the past 10 years. GuruFocus rated The Boeing Company the business predictability rank of 2.5-star.
New Purchase: Noble Corp. (NE)
David Dreman initiated holdings in Noble Corp.. His purchase prices were between $26.13 and $36.22, with an estimated average price of $31. The impact to his portfolio due to this purchase was 0.01%. His holdings were 8,758 shares as of 06/30/2009.
Noble Corp. is a leading provider of diversified services for the oil and gas industry. Contract drilling services are performed with the company's fleet of offshore drilling units located in key marketsworldwide. The company's fleet of floating deepwater units consists of nine semisubmersibles and three dynamically positioned drillships seven of which are designed to operate in water depths greater than 5000 feet.(Press Release) Noble Corp. has a market cap of $8.69 billion; its shares were traded at around $33.27 with a P/E ratio of 5.6 and P/S ratio of 2.5. Noble Corp. had an annual average earning growth of 16.5% over the past 10 years. GuruFocus rated Noble Corp. the business predictability rank of 2.5-star.
New Purchase: SnapOn Inc. (SNA)
David Dreman initiated holdings in SnapOn Inc.. His purchase prices were between $28.89 and $34.35, with an estimated average price of $31.1. The impact to his portfolio due to this purchase was 0.01%. His holdings were 6,960 shares as of 06/30/2009.
Snap-On Incorporated is engaged in the business of providing productivity-enhancing innovative products services and solutions. Snap-on is a global developer manufacturer and marketer of professional tools diagnostics equipment and related services marketed in numerous countries. Snap-on offers a wide range of capabilities and solutions for professional tool users in vehicle service industrial and other commercial applications worldwide. SnapOn Inc. has a market cap of $1.88 billion; its shares were traded at around $32.7 with a P/E ratio of 8.9 and P/S ratio of 0.6. The dividend yield of SnapOn Inc. stocks is 3.7%. SnapOn Inc. had an annual average earning growth of 13.1% over the past 10 years. GuruFocus rated SnapOn Inc. the business predictability rank of 2-star.
New Purchase: Simon Property Group Inc. (SPG)
David Dreman initiated holdings in Simon Property Group Inc.. His purchase prices were between $42.49 and $54.13, with an estimated average price of $50.2. The impact to his portfolio due to this purchase was 0.01%. His holdings were 6,052 shares as of 06/30/2009.
Simon Property Group Inc. is a self-administered and self-managed real estate investment trust which through its subsidiary partnerships is engaged in the ownership development management leasing acquisition and expansion of income-producing properties primarily regional malls and community shopping centers. (Company Press Release) Simon Property Group Inc. has a market cap of $13.78 billion; its shares were traded at around $53.98 with a P/E ratio of 8.3 and P/S ratio of 3.6. The dividend yield of Simon Property Group Inc. stocks is 6.2%. Simon Property Group Inc. had an annual average earning growth of 5.3% over the past 10 years. GuruFocus rated Simon Property Group Inc. the business predictability rank of 4-star.
New Purchase: Loews Corp. (L)
David Dreman initiated holdings in Loews Corp.. His purchase prices were between $24.49 and $28.94, with an estimated average price of $26.4. The impact to his portfolio due to this purchase was 0.01%. His holdings were 8,490 shares as of 06/30/2009.
Loews Corporation is a holding company. Its subsidiaries are engaged in thefollowing lines of business: property casualty and life insurance; the production and sale of cigarettes; the operation of hotels; the operation of offshore oil and gas drilling rigs; and the distribution and sale of watches and clocks. Loews Corp. has a market cap of $12.64 billion; its shares were traded at around $29.04 with a P/E ratio of 11.8 and P/S ratio of 0.9. The dividend yield of Loews Corp. stocks is 0.9%. Loews Corp. had an annual average earning growth of 58% over the past 5 years.
New Purchase: National Oilwell Varco Inc. (NOV)
David Dreman initiated holdings in National Oilwell Varco Inc.. His purchase prices were between $31.22 and $38.69, with an estimated average price of $34.8. The impact to his portfolio due to this purchase was 0.01%. His holdings were 7,521 shares as of 06/30/2009.
National-Oilwell is a worldwide leader in the design manufacture and sale of machinery and equipment and in the distribution of maintenance repair and operating products used in oil and gas drilling and production. The Company's machinery and equipment include drawworks mud pumps and power swivels which are the major mechanical components of rigs used todrill oil and gas wells. Many of these components are designed specifically for applications in offshore extended reach and deep land drilling. National Oilwell Varco Inc. has a market cap of $15.29 billion; its shares were traded at around $36.56 with a P/E ratio of 7.2 and P/S ratio of 1.1. National Oilwell Varco Inc. had an annual average earning growth of 20.2% over the past 10 years.
New Purchase: Torchmark Corp. (TMK)
David Dreman initiated holdings in Torchmark Corp.. His purchase prices were between $26.53 and $40.01, with an estimated average price of $34.9. The impact to his portfolio due to this purchase was 0.01%. His holdings were 7,377 shares as of 06/30/2009.
Torchmark Corporation is a financial services holding company specializing in life and supplemental health insurance for middle income Americans marketed through multiple distribution channels including direct response exclusive and independent agencies. (Press Release) Torchmark Corp. has a market cap of $3.46 billion; its shares were traded at around $41.78 with a P/E ratio of 7.2 and P/S ratio of 1.1. The dividend yield of Torchmark Corp. stocks is 1.3%. Torchmark Corp. had an annual average earning growth of 10.1% over the past 10 years. GuruFocus rated Torchmark Corp. the business predictability rank of 3-star.
New Purchase: Forest Laboratories Inc. (FRX)
David Dreman initiated holdings in Forest Laboratories Inc.. His purchase prices were between $21.28 and $25.23, with an estimated average price of $23.2. The impact to his portfolio due to this purchase was 0.01%. His holdings were 10,855 shares as of 06/30/2009.
Forest Laboratories Inc. and its subsidiaries develop manufacture and sell both branded and generic forms of ethical drug products which require a physician's prescription as well as non-prescription pharmaceuticalproducts sold over-the-counter. Forest's most important United Statesproducts consist of branded ethical drug specialties marketed directly or to physicians by the company's Forest Pharmaceuticals Forest Therapeutics and Forest Specialty Sales salesforces. Forest Laboratories Inc. has a market cap of $7.72 billion; its shares were traded at around $25.58 with a P/E ratio of 7.3 and P/S ratio of 1.9. Forest Laboratories Inc. had an annual average earning growth of 30.7% over the past 10 years. GuruFocus rated Forest Laboratories Inc. the business predictability rank of 2.5-star.
New Purchase: 3M Company (MMM)
David Dreman initiated holdings in 3M Company. His purchase prices were between $52.67 and $61, with an estimated average price of $57.6. The impact to his portfolio due to this purchase was 0.01%. His holdings were 5,241 shares as of 06/30/2009.
3M Company is a diversified technology company with leading positions in consumer and office; display and graphics; electronics and telecommunications; health care; industrial; safety security and protection services; transportation and other businesses. They are an integrated enterprise characterized by substantial intercompany cooperation in research manufacturing and marketing of products. 3M Company has a market cap of $48.15 billion; its shares were traded at around $69.43 with a P/E ratio of 15.1 and P/S ratio of 1.9. The dividend yield of 3M Company stocks is 3%. 3M Company had an annual average earning growth of 9.6% over the past 10 years. GuruFocus rated 3M Company the business predictability rank of 2-star.
New Purchase: Rockwell Collins Inc. (COL)
David Dreman initiated holdings in Rockwell Collins Inc.. His purchase prices were between $34.94 and $48.08, with an estimated average price of $40.4. The impact to his portfolio due to this purchase was 0.01%. His holdings were 5,677 shares as of 06/30/2009.
Rockwell Collins Inc. is a world leader in providing aviation electronics and airborne and mobile communications products and systems for commercial and military applications. Rockwell Collins Inc. has a market cap of $6.63 billion; its shares were traded at around $41.85 with a P/E ratio of 10 and P/S ratio of 1.4. The dividend yield of Rockwell Collins Inc. stocks is 2.3%. Rockwell Collins Inc. had an annual average earning growth of 27.9% over the past 5 years.
New Purchase: HewlettPackard Company (HPQ)
David Dreman initiated holdings in HewlettPackard Company. His purchase prices were between $34.07 and $38.35, with an estimated average price of $36. The impact to his portfolio due to this purchase was 0.01%. His holdings were 5,730 shares as of 06/30/2009.
Hewlett Packard is one of the leading global providers of computing and imaging solutions and services for business and home. The company is focused on capitalizing on the opportunities of the Internet and the proliferation of electronic services. Its major businesses include Imaging and Printing Systems Computing Systems and Information Technology Services HewlettPackard Company has a market cap of $99.36 billion; its shares were traded at around $41.64 with a P/E ratio of 11.3 and P/S ratio of 0.8. The dividend yield of HewlettPackard Company stocks is 0.8%. HewlettPackard Company had an annual average earning growth of 25.8% over the past 5 years.
New Purchase: Diamond Offshore Drilling Inc. (DO)
David Dreman initiated holdings in Diamond Offshore Drilling Inc.. His purchase prices were between $69.47 and $91.71, with an estimated average price of $79.5. The impact to his portfolio due to this purchase was 0.01%. His holdings were 3,633 shares as of 06/30/2009.
Diamond Offshore Drilling Inc. engages principally in the contract drilling of offshore oil and gas wells. They are a leading deepwater drilling contractor and owns and operates one of the largest fleets of offshore drilling units in the world. Diamond Offshore operates in the waters of six of the world's seven continents supplying comprehensive drilling services to the global energy industry. Diamond Offshore Drilling Inc. has a market cap of $12.83 billion; its shares were traded at around $92.28 with a P/E ratio of 9 and P/S ratio of 3.7. The dividend yield of Diamond Offshore Drilling Inc. stocks is 0.6%. Diamond Offshore Drilling Inc. had an annual average earning growth of 6.8% over the past 10 years.
New Purchase: Precision Castparts Corp. (PCP)
David Dreman initiated holdings in Precision Castparts Corp.. His purchase prices were between $63.11 and $87.68, with an estimated average price of $77. The impact to his portfolio due to this purchase was 0.01%. His holdings were 3,222 shares as of 06/30/2009.
Precision Castparts Corp. is a worldwide manufacturer of complex metal components and products. The company is a market leader in manufacturing large complex structural investment castings and is a leading manufacturer of airfoil castings used in jet aircraft engines. In addition the company has expanded into the industrial gas turbine fluidmanagement industrial metalworking tools and machines and other metal products markets. Precision Castparts Corp. has a market cap of $11.17 billion; its shares were traded at around $79.78 with a P/E ratio of 10.7 and P/S ratio of 1.7. The dividend yield of Precision Castparts Corp. stocks is 0.2%. Precision Castparts Corp. had an annual average earning growth of 16.3% over the past 10 years. GuruFocus rated Precision Castparts Corp. the business predictability rank of 3-star.
New Purchase: Assurant Inc. (AIZ)
David Dreman initiated holdings in Assurant Inc.. His purchase prices were between $22.43 and $27.99, with an estimated average price of $24.7. The impact to his portfolio due to this purchase was 0.01%. His holdings were 8,474 shares as of 06/30/2009.
Assurant Inc is a premier provider of specialized insurance products and related services in North America and selected other international markets. The four key businesses Assurant Employee Benefits; Assurant Health; Assurant Solutions; and Assurant Specialty Property have partnered with clients who are leaders in their industries and have built leadership positions in a number of specialty insurance market segments in the U.S. and selected international markets. The Assurant business units provide creditor placed homeowners insurance; manufactured housing homeowners insurance; debt protection administration; credit-related insurance; warranties and extended service contracts; individual health and small employer group health insurance; group dental insurance; group disability insurance; group life insurance; and pre-funded funeral insurance. Assurant Inc. has a market cap of $3.02 billion; its shares were traded at around $25.65 with a P/E ratio of 5.4 and P/S ratio of 0.3. The dividend yield of Assurant Inc. stocks is 2.4%.
New Purchase: FOSTER WHEELER AG. (FWLT)
David Dreman initiated holdings in FOSTER WHEELER AG.. His purchase prices were between $20.68 and $28.57, with an estimated average price of $24.2. The impact to his portfolio due to this purchase was 0.01%. His holdings were 15,212 shares as of 06/30/2009.
Foster Wheeler AG formerly Foster Wheeler Limited along with its subsidiaries provide construction and engineering services to the oil and gas oil refining chemical/petrochemical pharmaceutical environmental and power plant operation and maintenance sectors worldwide. It operates through two business groups the Global Engineering & Construction Group (E&C) and the Global Power Group. The former Group designs engineers and constructs onshore and offshore upstream oil and gas processing facilities; natural gas liquefaction facilities and receiving terminals; gas-to-liquids facilities; oil refining; and chemical petrochemical pharmaceutical biotechnology healthcare and related infrastructure facilities. The Global Power Group designs manufactures and erects steam generating and auxiliary equipment for electric power generating stations and industrial facilities. The company focuses on safely delivering cost-effective technically-advanced services facilities and FOSTER WHEELER AG. has a market cap of $2.89 billion; its shares were traded at around $22.83 with a P/E ratio of 6.5 and P/S ratio of 0.4.
New Purchase: General Dynamics Corp. (GD)
David Dreman initiated holdings in General Dynamics Corp.. His purchase prices were between $44.64 and $60.05, with an estimated average price of $53.9. The impact to his portfolio due to this purchase was 0.01%. His holdings were 4,530 shares as of 06/30/2009.
General Dynamics Corp.'s primary businesses focus is on shipbuilding and marine systems business aviation information systems and land and amphibious combat systems. Each of these businesses involves design manufacturing and program management expertise advanced technology and integration of complex systems. The primary customers for the company's businesses are the United States military the armed forces of allied nations other government organizations and a diverse base of corporate and industrial buyers. General Dynamics Corp. has a market cap of $20.68 billion; its shares were traded at around $53.71 with a P/E ratio of 8.5 and P/S ratio of 0.7. The dividend yield of General Dynamics Corp. stocks is 2.8%. General Dynamics Corp. had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated General Dynamics Corp. the business predictability rank of 5-star.
New Purchase: WellPoint Inc. (WLP)
David Dreman initiated holdings in WellPoint Inc.. His purchase prices were between $40.34 and $51.34, with an estimated average price of $45.8. The impact to his portfolio due to this purchase was 0.01%. His holdings were 5,974 shares as of 06/30/2009.
WellPoint Inc. is the largest publicly traded commercial health benefits company in terms of membership in the United States. WellPoint Inc. is an independent licensee of the Blue Cross and Blue Shield Association and serves its members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado Connecticut Georgia Indiana Kentucky Maine Missouri Nevada New Hampshire Ohio Virginia (excluding the Northern Virginia suburbs of Washington D.C.) Wisconsin; and through HealthLink and UniCare. WellPoint Inc. has a market cap of $25.2 billion; its shares were traded at around $52 with a P/E ratio of 8.7 and P/S ratio of 0.4. WellPoint Inc. had an annual average earning growth of 20.8% over the past 5 years.
New Purchase: Goodrich Corp. (GR)
David Dreman initiated holdings in Goodrich Corp.. His purchase prices were between $40.91 and $54.74, with an estimated average price of $47.1. The impact to his portfolio due to this purchase was 0.01%. His holdings were 5,034 shares as of 06/30/2009.
B.F. Goodrich Co.'s operations are classified into three business segments: BFGoodrich Aerospace BFGoodrich Engineered Industrial Products and BFGoodrich Performance Materials. The company's business is conducted on a global basis with manufacturing service and sales undertaken in various locations throughout the world. Goodrich Corp. has a market cap of $6.11 billion; its shares were traded at around $49.32 with a P/E ratio of 9 and P/S ratio of 0.8. The dividend yield of Goodrich Corp. stocks is 2%. Goodrich Corp. had an annual average earning growth of 27.8% over the past 5 years.
New Purchase: Vornado Realty Trust (VNO)
David Dreman initiated holdings in Vornado Realty Trust. His purchase prices were between $40.97 and $51.83, with an estimated average price of $46.3. The impact to his portfolio due to this purchase was 0.01%. His holdings were 4,585 shares as of 06/30/2009.
Vornado Realty Trust is a fully-integrated real estate investment trust. The company owns directly or indirectly the following: Office Building Properties; Retail Properties; Merchandise Mart Properties; Temperature Controlled Logistics; and Other Real Estate Investments. It is one of the largest property owners in New York City. Vornado Realty Trust has a market cap of $8.7 billion; its shares were traded at around $50.01 with a P/E ratio of 9.4 and P/S ratio of 3.2. The dividend yield of Vornado Realty Trust stocks is 7.5%. Vornado Realty Trust had an annual average earning growth of 13.5% over the past 10 years. GuruFocus rated Vornado Realty Trust the business predictability rank of 2.5-star.
New Purchase: Prudential Financial Inc. (PRU)
David Dreman initiated holdings in Prudential Financial Inc.. His purchase prices were between $27.5 and $46, with an estimated average price of $35.7. The impact to his portfolio due to this purchase was 0.01%. His holdings were 8,766 shares as of 06/30/2009.
Prudential Financial Inc. is one of the largest financial services institutions in the United States. They provide a wide range of insurance investment management and other financial products and services. The Prudential name and `Rock` logo are among the most widely recognized in the United States. They conduct their principal businesses through four divisions: U.S. Consumer Employee Benefits International and Asset Management. They also conduct other activities in Corporate and Other operations. Prudential Financial Inc. has a market cap of $19.13 billion; its shares were traded at around $41.94 with a P/E ratio of 23.8 and P/S ratio of 0.7. The dividend yield of Prudential Financial Inc. stocks is 1.4%. Prudential Financial Inc. had an annual average earning growth of 3.6% over the past 5 years.
New Purchase: CSX Corp. (CSX)
David Dreman initiated holdings in CSX Corp.. His purchase prices were between $27.47 and $36.52, with an estimated average price of $31.7. The impact to his portfolio due to this purchase was 0.01%. His holdings were 7,250 shares as of 06/30/2009.
CSX Corporation's unique combination of rail container-shipping intermodal and logistics services provides global reach that's second to none. The company's goal advanced at each of its business units is to provide efficient competitive transportation and related services for customers. CSX Corp. has a market cap of $15.99 billion; its shares were traded at around $40.84 with a P/E ratio of 12.8 and P/S ratio of 1.4. The dividend yield of CSX Corp. stocks is 2.2%. CSX Corp. had an annual average earning growth of 12.8% over the past 10 years.
New Purchase: Flowserve Corp. (FLS)
David Dreman initiated holdings in Flowserve Corp.. His purchase prices were between $60.48 and $84.11, with an estimated average price of $71.1. The impact to his portfolio due to this purchase was 0.01%. His holdings were 3,262 shares as of 06/30/2009.
Flowserve Corporation is one of the world's leading providers of industrial flow management services. Operating in 25 countries with more than 7000 employees the company produces highly engineered and modular pumps precision mechanical seals smart specialty and quarter-turn valves and valve actuators and a range of related flow managementservices. (Press Release) Flowserve Corp. has a market cap of $4.09 billion; its shares were traded at around $73 with a P/E ratio of 9.6 and P/S ratio of 0.9. The dividend yield of Flowserve Corp. stocks is 1.4%. Flowserve Corp. had an annual average earning growth of 5.2% over the past 10 years. GuruFocus rated Flowserve Corp. the business predictability rank of 3-star.
New Purchase: National Bank of Greece S.A. (NBG)
David Dreman initiated holdings in National Bank of Greece S.A.. His purchase prices were between $3.73 and $5.8, with an estimated average price of $4.8. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 10,462 shares as of 06/30/2009.
NATL BK GR-ADR provides a full range of financial products and services to corporate customers and private individuals alike including retail and corporate lending investment banking services insurance asset management brokerage leasing and factoring. One of the Bank's main strengths is the confidence shown in it by its customers who hold over 7 million deposit accounts and a total of 1 million lending accounts with NBG. National Bank of Greece S.A. has a market cap of $13.93 billion; its shares were traded at around $5.61 with a P/E ratio of 2.2 and P/S ratio of 1.3. National Bank of Greece S.A. had an annual average earning growth of 32% over the past 5 years.
New Purchase: Lloyds TSB Group plc (LYG)
David Dreman initiated holdings in Lloyds TSB Group plc. His purchase prices were between $4.62 and $6.5, with an estimated average price of $5.6. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 10,609 shares as of 06/30/2009.
Lloyds Banking Group plc formerly Lloyds TSB Group plc is a United Kingdom-based financial services company whose businesses provide a range of banking and financial services in the United Kingdom and a limited number of locations overseas. Headquartered in London the company operates through three segments: UK Retail Banking Insurance and Investments and Wholesale and International Banking. The UK Retail Banking segment provides banking and financial services mortgages and private banking services. The Insurance and Investments segment offers life assurance pensions and savings products general insurance and fund management services. The Wholesale and International Banking segment provides banking and related services for companies small and medium-sized businesses banks and financial institutions; and asset finance to personal and corporate customers. Lloyds TSB Group plc has a market cap of $7.39 billion; its shares were traded at around $5.07 with and P/S ratio of 0.1. The dividend yield of Lloyds TSB Group plc stocks is 50.8%. Lloyds TSB Group plc had an annual average earning growth of 62.3% over the past 5 years.
Reduced: Edison International (EIX)
David Dreman reduced to his holdings in Edison International by 33.83%. His sale prices were between $27.8 and $32.17, with an estimated average price of $29.4. The impact to his portfolio due to this sale was less than 0.01%. David Dreman still held 8,367 shares as of 06/30/2009.
Edison International is an international electric power generator distributor and structured finance provider. Edison International is one of the industry leaders in privatized deregulated and incentive-regulated markets and power generation. It is the parent company of Edison Mission Energy Southern California Edison Edison Capita Edison Enterprises and Edison O&M Services. (Company Press Release) Edison International has a market cap of $10.46 billion; its shares were traded at around $32.11 with a P/E ratio of 8.8 and P/S ratio of 0.7. The dividend yield of Edison International stocks is 3.9%. Edison International had an annual average earning growth of 4.9% over the past 10 years.
Reduced: Merck & Co. Inc. (MRK)
David Dreman reduced to his holdings in Merck & Co. Inc. by 51.27%. His sale prices were between $23.13 and $27.2, with an estimated average price of $25.5. The impact to his portfolio due to this sale was -0.01%. David Dreman still held 8,854 shares as of 06/30/2009.
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 $63.79 billion; its shares were traded at around $30.25 with a P/E ratio of 9.1 and P/S ratio of 2.8. The dividend yield of Merck & Co. Inc. stocks is 5%.
Reduced: Selective Insurance Group Inc. (SIGI)
David Dreman reduced to his holdings in Selective Insurance Group Inc. by 98.34%. His sale prices were between $11.9 and $14.89, with an estimated average price of $13.3. The impact to his portfolio due to this sale was -0.01%. David Dreman still held 14,100 shares as of 06/30/2009.
Selective Insurance Group Inc. is a regional insurance holding company which through its insurance subsidiaries offers a broad range of property and casualty insurance products. Selective's commercial insurance products are directed to small- to medium-sized service-oriented businesses governmental entities and selected classes of light industry. They also offer personal insurance products to individuals and families. Selective Insurance Group Inc. has a market cap of $783.7 million; its shares were traded at around $14.84 with a P/E ratio of 13.2 and P/S ratio of 0.4. The dividend yield of Selective Insurance Group Inc. stocks is 3.5%. Selective Insurance Group Inc. had an annual average earning growth of 17% over the past 10 years.
Reduced: PPG Industries Inc. (PPG)
David Dreman reduced to his holdings in PPG Industries Inc. by 28.69%. His sale prices were between $42.2 and $45.13, with an estimated average price of $44.2. The impact to his portfolio due to this sale was -0.02%. David Dreman still held 48,475 shares as of 06/30/2009.
PPG Industries Inc. is comprised of three following basic business segments: coatings glass and chemicals. Areas in which resources have been focused are automotive original refinish industrial aerospace packaging and architectural coatings; flat glass automotive original and replacement glass aircraft transparencies continuous-strand fiber glass; and chlor-alkali and specialty chemicals. PPG Industries Inc. has a market cap of $8.63 billion; its shares were traded at around $52.47 with a P/E ratio of 18.2 and P/S ratio of 0.5. The dividend yield of PPG Industries Inc. stocks is 4.1%. PPG Industries Inc. had an annual average earning growth of 0.8% over the past 10 years.
Reduced: ParkerHannifin Corp. (PH)
David Dreman reduced to his holdings in ParkerHannifin Corp. by 27.77%. His sale prices were between $38.92 and $47.79, with an estimated average price of $43.6. The impact to his portfolio due to this sale was -0.02%. David Dreman still held 51,575 shares as of 06/30/2009.
Parker-Hannifin Corporation is a leading worldwide full-line manufacturer of motion control products including fluid power systems electro-mechanical controls and related components. Fluid power involvesthe transfer and control of power through the medium of liquid gas or air in hydraulic pneumatic and vacuum applications. Fluid power systems move and position materials control machines vehicles and equipment and improve industrial efficiency and productivity. ParkerHannifin Corp. has a market cap of $7.7 billion; its shares were traded at around $48 with a P/E ratio of 11.1 and P/S ratio of 0.6. The dividend yield of ParkerHannifin Corp. stocks is 2.2%. ParkerHannifin Corp. had an annual average earning growth of 9.8% over the past 10 years.
Reduced: Check Point Software Technologies Ltd. (CHKP)
David Dreman reduced to his holdings in Check Point Software Technologies Ltd. by 25.08%. His sale prices were between $22.31 and $25.18, with an estimated average price of $23.7. The impact to his portfolio due to this sale was -0.02%. David Dreman still held 93,725 shares as of 06/30/2009.
Check Point Software Technologies Ltd. is a leading provider of policy-based enterprise security and traffic management solutions. Through itspatented Stateful Inspection technology the company delivers Secure Enterprise Connectivity solutions that protect information assets and enhance the performance of enterprise networks. The company's products include the world's leading enterprise security suite FireWall-1r the industry's leading family of virtual private network solutions VPN-1T and the industry's premier bandwidth management solution FloodGate-1T. Check Point Software Technologies Ltd. has a market cap of $5.19 billion; its shares were traded at around $24.73 with a P/E ratio of 14.8 and P/S ratio of 6.4. Check Point Software Technologies Ltd. had an annual average earning growth of 15.9% over the past 10 years. GuruFocus rated Check Point Software Technologies Ltd. the business predictability rank of 2-star.
Reduced: Biovail Corp. (BVF)
David Dreman reduced to his holdings in Biovail Corp. by 25.8%. His sale prices were between $10.86 and $13.63, with an estimated average price of $11.9. The impact to his portfolio due to this sale was -0.02%. David Dreman still held 190,725 shares as of 06/30/2009.
Biovail Corporation is a specialty pharmaceutical company engaged in the formulation clinical testing registration manufacture and commercialization of pharmaceutical products utilizing advanced drug-delivery technologies. Biovail's position of leadership as an innovative developer of medicines is based on its use of advanced drug- delivery technologies that provide significant therapeutic advantages over existing formulations. The Company has a number of proprietary drug-delivery platforms that can be applied to existing in-market drugs to develop enhanced formulations that offer more consistent drug release greater patient compliance and potentially superior efficacy and lower incidence of side effects. Biovail Corp. has a market cap of $2.21 billion; its shares were traded at around $13.94 with a P/E ratio of 9.4 and P/S ratio of 2.9. The dividend yield of Biovail Corp. stocks is 2.6%. Biovail Corp. had an annual average earning growth of 19.4% over the past 10 years.
Reduced: FEDERAL NTL MTG PFD (FNA)
David Dreman reduced to his holdings in FEDERAL NTL MTG PFD by 49.34%. His sale prices were between $0.85 and $1.35, with an estimated average price of $1.1. The impact to his portfolio due to this sale was -0.02%. David Dreman still held 1,540,000 shares as of 06/30/2009.
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Reduced: FreeportMcMoRan Copper & Gold Inc. (FCX)
David Dreman reduced to his holdings in FreeportMcMoRan Copper & Gold Inc. by 25.61%. His sale prices were between $40.93 and $58.51, with an estimated average price of $49.2. The impact to his portfolio due to this sale was -0.02%. David Dreman still held 42,025 shares as of 06/30/2009.
Freeport-McMoRan is engaged in mineral exploration and development mining and milling of copper gold and silver in Indonesia and the smelting and refining of copper concentrates in Spain and Indonesia. They are the world's lowest-cost copper producer and one of the world's largest producers of copper and gold. FCX's operations are conducted through its subsidiaries P.T. Freeport Indonesia (PT-FI) P.T. IRJA Eastern Minerals Corporation (Eastern Mining) and through Atlantic Copper S.A. (Atlantic). FreeportMcMoRan Copper & Gold Inc. has a market cap of $24.6 billion; its shares were traded at around $59.75 with a P/E ratio of 21.1 and P/S ratio of 1.3. FreeportMcMoRan Copper & Gold Inc. had an annual average earning growth of 15.1% over the past 10 years.
Reduced: The Cooper Companies Inc. (COO)
David Dreman reduced to his holdings in The Cooper Companies Inc. by 29.1%. His sale prices were between $26.48 and $29.69, with an estimated average price of $27.8. The impact to his portfolio due to this sale was -0.02%. David Dreman still held 74,325 shares as of 06/30/2009.
The Cooper Companies Inc. through its principal subsidiaries develops manufactures and markets healthcare products. CooperVision markets a range of contact lenses to correct visual defects specializing in toric lenses that correct astigmatism. The company also markets conventional toric and spherical lenses and lenses for patients with more complex vision disorders. CooperSurgical markets diagnostic products surgical instruments and accessories to the women's healthcare market. The Cooper Companies Inc. has a market cap of $1.17 billion; its shares were traded at around $25.98 with a P/E ratio of 10.3 and P/S ratio of 1.1. The dividend yield of The Cooper Companies Inc. stocks is 0.2%. The Cooper Companies Inc. had an annual average earning growth of 10.5% over the past 10 years.
Reduced: Cooper Industries Ltd. (CBE)
David Dreman reduced to his holdings in Cooper Industries Ltd. by 27.43%. His sale prices were between $28.25 and $36.28, with an estimated average price of $32.3. The impact to his portfolio due to this sale was -0.02%. David Dreman still held 74,325 shares as of 06/30/2009.
Cooper Industries is a diversified manufacturer marketer and seller of electrical products tools and hardware. Cooper operates facilities in countries and manufactures products serving the industrial construction and electrical distribution markets. The company manufactures electrical distribution equipment hazardous duty electrical equipment emergency lighting lighting fixtures and fuses non-power hand tools and industrial power tools chain products. Some of the company's brands include Buss Edison Crouse-Hinds Weller DGD Buckeye Cooper and Master Power. Cooper Industries Ltd. has a market cap of $5.43 billion; its shares were traded at around $32.63 with a P/E ratio of 10.1 and P/S ratio of 0.8. The dividend yield of Cooper Industries Ltd. stocks is 3.1%. Cooper Industries Ltd. had an annual average earning growth of 1.3% over the past 10 years.
Reduced: Arch Capital Group Ltd. (ACGL)
David Dreman reduced to his holdings in Arch Capital Group Ltd. by 37.74%. His sale prices were between $55.16 and $59.78, with an estimated average price of $57.5. The impact to his portfolio due to this sale was -0.03%. David Dreman still held 43,500 shares as of 06/30/2009.
Arch Capital Group Ltd. is a diversified financial services holding company with an emphasis on the insurance sector. The Arch Capital Group is engaged in a range of insurance and financial service activities through subsidiaries comprising Arch Insurance Services and the ownership of intermediaries underwriting agencies service providers and insurance companies. Arch Capital Group Ltd. has a market cap of $3.9 billion; its shares were traded at around $64.34 with a P/E ratio of 8 and P/S ratio of 1.3. Arch Capital Group Ltd. had an annual average earning growth of 48.9% over the past 10 years. GuruFocus rated Arch Capital Group Ltd. the business predictability rank of 3-star.
Reduced: CF Industries Holdings Inc. (CF)
David Dreman reduced to his holdings in CF Industries Holdings Inc. by 35.13%. His sale prices were between $69.86 and $82.5, with an estimated average price of $76. The impact to his portfolio due to this sale was -0.03%. David Dreman still held 33,050 shares as of 06/30/2009.
CF Industries Holdings Inc. is the holding company for the operations of CF Industries Inc. CF Industries Inc. is a major producer and distributor of nitrogen and phosphate fertilizer products. CF Industries operates world-scale nitrogen fertilizer plants in Louisiana and Alberta Canada; conducts phosphate mining and manufacturing operations in Central Florida; and distributes fertilizer products through a system of terminals warehouses and associated transportation equipment located primarily in the midwestern United States. CF Industries Holdings Inc. has a market cap of $3.72 billion; its shares were traded at around $76.79 with a P/E ratio of 5.9 and P/S ratio of 0.9. The dividend yield of CF Industries Holdings Inc. stocks is 0.5%.
Reduced: Cimarex Energy Co. (XEC)
David Dreman reduced to his holdings in Cimarex Energy Co. by 62.53%. His sale prices were between $23.65 and $34.45, with an estimated average price of $29.3. The impact to his portfolio due to this sale was -0.04%. David Dreman still held 67,950 shares as of 06/30/2009.
Cimarex Energy is an independent oil and gas exploration and production company focused on increasing shareholder value through strategies linked to generating attractive economic returns on capital employed and profitable growth in per-share reserves production and cash flow. They intend to profitably grow reserves and production through a balanced mix of exploration exploitation and acquisitions. They have a diversified base of high-quality production along with attractive drilling opportunities. Cimarex Energy Co. has a market cap of $2.92 billion; its shares were traded at around $35.11 with a P/E ratio of 6.7 and P/S ratio of 1.5. The dividend yield of Cimarex Energy Co. stocks is 0.7%. Cimarex Energy Co. had an annual average earning growth of 18.6% over the past 5 years.
Reduced: Autoliv Inc. (ALV)
David Dreman reduced to his holdings in Autoliv Inc. by 54.13%. His sale prices were between $23.49 and $29.89, with an estimated average price of $26.3. The impact to his portfolio due to this sale was -0.04%. David Dreman still held 85,000 shares as of 06/30/2009.
Autoliv Inc. is a worldwide leader in automotive safety a pioneer in both seatbelts and airbags and a technology leader with the widest product offering for automotive safety. All the leading automobile manufacturers in the world are our customers. Autoliv Inc. has a market cap of $2.83 billion; its shares were traded at around $33.28 with a P/E ratio of 28.8 and P/S ratio of 0.4. Autoliv Inc. had an annual average earning growth of 6.8% over the past 10 years.
Reduced: Sanderson Farms Inc. (SAFM)
David Dreman reduced to his holdings in Sanderson Farms Inc. by 48.84%. His sale prices were between $38.82 and $48.08, with an estimated average price of $43. The impact to his portfolio due to this sale was -0.04%. David Dreman still held 63,975 shares as of 06/30/2009.
Snderson Farms Inc. is a fully-integrated poultry processing company engaged in the production processing marketing and distribution of fresh and frozen chicken products. The company sells ice pack chill pack and frozen chicken in whole cut-up and boneless form primarily under the Sanderson Farms7 brand name to retailers distributors and fast food operators principally in the southeastern southwestern and western United States. Sanderson Farms Inc. has a market cap of $821.2 million; its shares were traded at around $40.41 with and P/S ratio of 0.5. The dividend yield of Sanderson Farms Inc. stocks is 1.3%.
Reduced: Alliant Techsystems Inc. (ATK)
David Dreman reduced to his holdings in Alliant Techsystems Inc. by 66.5%. His sale prices were between $72.23 and $90.67, with an estimated average price of $83.1. The impact to his portfolio due to this sale was -0.06%. David Dreman still held 33,098 shares as of 06/30/2009.
ATK is an aerospace and defense company with leading market positions in munitions smart weapons and precision capabilities propulsion and composite structures. They have three business segments: Conventional Munitions Aerospace and Defense Systems (company press release). Alliant Techsystems Inc. has a market cap of $2.62 billion; its shares were traded at around $79.84 with a P/E ratio of 10.3 and P/S ratio of 0.6. Alliant Techsystems Inc. had an annual average earning growth of 18.9% over the past 10 years. GuruFocus rated Alliant Techsystems Inc. the business predictability rank of 4.5-star.
Reduced: IPC Holdings Ltd. (IPCR)
David Dreman reduced to his holdings in IPC Holdings Ltd. by 92.37%. His sale prices were between $24.53 and $27.93, with an estimated average price of $26.4. The impact to his portfolio due to this sale was -0.06%. David Dreman still held 65,937 shares as of 06/30/2009.
IPC HLDGS LTD through its wholly-owned subsidiary IPCRe Limited provides property catastrophe reinsurance and to a limited extent marine aviation property-per-risk excess and other short-tail property reinsurance on a worldwide basis. IPC has a strong capital position and well established market presence within the property catastrophe reinsurance market. IPC Holdings Ltd. has a market cap of $1.62 billion; its shares were traded at around $28.95 with a P/E ratio of 8 and P/S ratio of 5.2. The dividend yield of IPC Holdings Ltd. stocks is 3%.
Reduced: The J.M. Smucker Company (SJM)
David Dreman reduced to his holdings in The J.M. Smucker Company by 84.13%. His sale prices were between $37.95 and $48.38, with an estimated average price of $41.4. The impact to his portfolio due to this sale was -0.09%. David Dreman still held 73,700 shares as of 06/30/2009.
The J.M. Smucker Company headquartered in Orrville Ohio is the leading marketer of jams jellies preserves and other fruit spreads in the U.S. They are also the leader in dessert toppings natural peanut butter and health and natural foods juice products and market a wide variety of other specialty products throughout the U.S. and in many foreign countries. In the fruit spreads category they also hold the leadership position in Australia and Canada. The J.M. Smucker Company has a market cap of $5.97 billion; its shares were traded at around $50.2 with a P/E ratio of 13.5 and P/S ratio of 1.6. The dividend yield of The J.M. Smucker Company stocks is 2.8%. The J.M. Smucker Company had an annual average earning growth of 10.9% over the past 10 years. GuruFocus rated The J.M. Smucker Company the business predictability rank of 4.5-star.
Reduced: URS Corp. (URS)
David Dreman reduced to his holdings in URS Corp. by 89.65%. His sale prices were between $42.14 and $51.56, with an estimated average price of $46.5. The impact to his portfolio due to this sale was -0.09%. David Dreman still held 60,500 shares as of 06/30/2009.
URS Corporation offers a broad range of planning design and program and construction management services for transportation hazardous waste industrial processing and petrochemical general building and water/wastewater projects. The company operates in countries with employees providing engineering services to federal state and local governmental agencies as well as private clients in the chemical manufacturing pharmaceutical forest products mining oil and gas and utilities industries. (PRESS RELEASE) URS Corp. has a market cap of $4.01 billion; its shares were traded at around $48.26 with a P/E ratio of 16.2 and P/S ratio of 0.4.
Reduced: United Fire & Casualty Company (UFCS)
David Dreman reduced to his holdings in United Fire & Casualty Company by 61.5%. His sale prices were between $17.15 and $22.56, with an estimated average price of $18.9. The impact to his portfolio due to this sale was -0.11%. David Dreman still held 336,345 shares as of 06/30/2009.
United Fire & Casualty Company is engaged in the business of writing property casualty and life insurance. Their property and casualty segment includes the following companies all of which are wholly owned by United Fire: Addison Insurance Company a property and casualty insurer Lafayette Insurance Company a property and casualty insurer and American Indemnity Financial Corporation a holding company. United Fire & Casualty Company has a market cap of $495.2 million; its shares were traded at around $18.62 with and P/S ratio of 0.8. The dividend yield of United Fire & Casualty Company stocks is 3.2%. United Fire & Casualty Company had an annual average earning growth of 20.9% over the past 10 years.
Reduced: Citigroup Inc. (C)
David Dreman reduced to his holdings in Citigroup Inc. by 81.33%. His sale prices were between $2.97 and $4.02, with an estimated average price of $3.4. The impact to his portfolio due to this sale was -0.12%. David Dreman still held 1,542,702 shares as of 06/30/2009.
Citigroup Inc. the leading global financial services company has some two hundred million customer accounts and does business in more than hundred countries providing consumers corporations governments and institutions with a broad range of financial products and services including consumer banking and credit corporate and investment banking securities brokerage and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank CitiFinancial Primerica Smith Barney and Banamex. Citigroup Inc. has a market cap of $15.22 billion; its shares were traded at around $2.77 with and P/S ratio of 0.3. Citigroup Inc. had an annual average earning growth of 5.1% over the past 10 years.
Reduced: Whiting Petroleum Corp. (WLL)
David Dreman reduced to his holdings in Whiting Petroleum Corp. by 26.94%. His sale prices were between $32.58 and $46.86, with an estimated average price of $38.8. The impact to his portfolio due to this sale was -0.14%. David Dreman still held 452,442 shares as of 06/30/2009.
WHITING PETROLEUM CORPORATION a Delaware corporation is an independent oil and gas company that acquires exploits develops and explores for crude oil natural gas and natural gas liquids primarily in the Permian Basin Rocky Mountains Mid-Continent Gulf Coast and Michigan regions of the United States. The Company trades publicly under the symbol WLL on the New York Stock Exchange. Whiting Petroleum Corp. has a market cap of $2.15 billion; its shares were traded at around $42.28 with a P/E ratio of 11.4 and P/S ratio of 1.6.
Reduced: Park Electrochemical Corp. (PKE)
David Dreman reduced to his holdings in Park Electrochemical Corp. by 25.67%. His sale prices were between $17.93 and $22.44, with an estimated average price of $20.1. The impact to his portfolio due to this sale was -0.15%. David Dreman still held 825,340 shares as of 06/30/2009.
Park Electrochemical Corp. through its subsidiaries is primarily engaged in the design production and marketing of advanced electronic materials used to fabricate complex multilayer printed circuit boards semiconductor packages and other electronic interconnection systems. The company's electronic materials business is operated by its Nelco group of companies. The company is also engaged in the design production and marketing of specialty adhesive tapes and films advanced composite materials and microwave circuitry materials for the electronics aerospace markets. Park Electrochemical Corp. has a market cap of $489.2 million; its shares were traded at around $23.9 with a P/E ratio of 34.1 and P/S ratio of 2.4. The dividend yield of Park Electrochemical Corp. stocks is 1.4%. Park Electrochemical Corp. had an annual average earning growth of 61% over the past 5 years.
Reduced: Hanesbrands Inc. (HBI)
David Dreman reduced to his holdings in Hanesbrands Inc. by 21.8%. His sale prices were between $12.76 and $18.08, with an estimated average price of $15.7. The impact to his portfolio due to this sale was -0.15%. David Dreman still held 1,416,551 shares as of 06/30/2009.
Hanesbrands Inc. is a leading marketer of innerwear outerwear and hosiery apparel under strong consumer brands including Hanes Champion Playtex Bali Just My Size barely there and Wonderbra. The company designs manufactures sources and sells T-shirts bras panties men's underwear children's underwear socks hosiery casual wear and active wear. Hanesbrands Inc. is a world-class consumer goods company with more than a century of history and a portfolio of leading apparel essentials brands including Hanes Champion Playtex Bali L'eggs Just My Size Barely There and Wonderbra. Hanesbrands sells high-volume apparel essentials such as T-shirts bras panties men's underwear kids' underwear socks hosiery casualwear and activewear. Hanesbrands Inc. has a market cap of $1.54 billion; its shares were traded at around $16.22 with a P/E ratio of 9.9 and P/S ratio of 0.3.
Reduced: MEDNAX, INC. (MD)
David Dreman reduced to his holdings in MEDNAX, INC. by 26.73%. His sale prices were between $33.11 and $44.1, with an estimated average price of $39. The impact to his portfolio due to this sale was -0.18%. David Dreman still held 504,830 shares as of 06/30/2009.
Mednax Inc. formerly Pediatrix Medical Group Inc. is a healthcare services company that focuses on physician services for newborn maternal-fetal pediatric subspecialty and anesthesia care. The company through its subsidiaries provides these services in the United States and Puerto Rico. In addition MEDNAX engages in clinical research monitoring clinical outcomes and implementing clinical initiatives. MEDNAX, INC. has a market cap of $2.02 billion; its shares were traded at around $44.21 with a P/E ratio of 14 and P/S ratio of 1.8.
Reduced: SunTrust Banks Inc. (STI)
David Dreman reduced to his holdings in SunTrust Banks Inc. by 76.35%. His sale prices were between $13.17 and $20.61, with an estimated average price of $15.8. The impact to his portfolio due to this sale was -0.2%. David Dreman still held 502,333 shares as of 06/30/2009.
SunTrust Banks Inc. is a commercial banking organization. The company provides a wide range of services to meet the financial needs of its growing customer base in Alabama Florida Georgia Maryland Tennessee Virginia and the District of Columbia. Its primary businesses include traditional deposit and credit services as well as trust and investment services. (Company Press Release) SunTrust Banks Inc. has a market cap of $6.04 billion; its shares were traded at around $16.93 with and P/S ratio of 0.6. The dividend yield of SunTrust Banks Inc. stocks is 2.3%. SunTrust Banks Inc. had an annual average earning growth of 2.3% over the past 10 years.
Reduced: LifePoint Hospitals Inc. (LPNT)
David Dreman reduced to his holdings in LifePoint Hospitals Inc. by 25.19%. His sale prices were between $20.92 and $27.89, with an estimated average price of $25.6. The impact to his portfolio due to this sale was -0.2%. David Dreman still held 946,982 shares as of 06/30/2009.
LifePoint Hospitals Inc. is engaged in the operation of general acute care hospitals in non-urban communities. The company's general acute care hospitals usually provide the range of medical and surgical services commonly available in hospitals in non-urban markets. These hospitals also provide diagnostic and emergency services as well as outpatient and ancillary services including outpatient surgery laboratory radiology respiratory therapy and physical therapy. LifePoint Hospitals Inc. has a market cap of $1.43 billion; its shares were traded at around $26.26 with a P/E ratio of 10.2 and P/S ratio of 0.5. LifePoint Hospitals Inc. had an annual average earning growth of 10.1% over the past 5 years.
Reduced: Reliance Steel & Aluminum Co. (RS)
David Dreman reduced to his holdings in Reliance Steel & Aluminum Co. by 29.78%. His sale prices were between $32.95 and $42.48, with an estimated average price of $37.3. The impact to his portfolio due to this sale was -0.21%. David Dreman still held 569,459 shares as of 06/30/2009.
Reliance Steel & Aluminum Co. is one of the largest metals service center companies in the United States. Through a network of metals service centers the company provides value-added materials management and metals processing services and distributes a full line of metal products including carbon alloy stainless and specialty steel aluminum brass and copper products to customers in a broad range of industries. Some of these metals service centers provide processing services for specialty metals only. Reliance Steel & Aluminum Co. has a market cap of $2.66 billion; its shares were traded at around $36.28 with a P/E ratio of 6.8 and P/S ratio of 0.3. The dividend yield of Reliance Steel & Aluminum Co. stocks is 1.1%. Reliance Steel & Aluminum Co. had an annual average earning growth of 20.1% over the past 10 years.
Reduced: Legg Mason Inc. (LM)
David Dreman reduced to his holdings in Legg Mason Inc. by 33.04%. His sale prices were between $18.51 and $25.37, with an estimated average price of $21.3. The impact to his portfolio due to this sale was -0.21%. David Dreman still held 806,300 shares as of 06/30/2009.
Legg Mason Inc. is a holding company which through its subsidiaries isprincipally engaged in providing asset management securities brokerageinvestment banking and related financial services to individualsinstitutions corporations and municipalities. Legg Mason Inc. has a market cap of $3.96 billion; its shares were traded at around $27.91 with and P/S ratio of 1.2. The dividend yield of Legg Mason Inc. stocks is 0.5%. Legg Mason Inc. had an annual average earning growth of 9.6% over the past 10 years. GuruFocus rated Legg Mason Inc. the business predictability rank of 4.5-star.
Reduced: The Travelers Companies Inc. (TRV)
David Dreman reduced to his holdings in The Travelers Companies Inc. by 80.31%. His sale prices were between $38.55 and $43.45, with an estimated average price of $41.1. The impact to his portfolio due to this sale was -0.22%. David Dreman still held 215,566 shares as of 06/30/2009.
St. Paul Travelers is a leading provider of commercial property-liability insurance and asset management services. Under the Travelers brand the company is also a leading underwriter of homeowners and auto insurance through independent agents. The Travelers Companies Inc. has a market cap of $24.95 billion; its shares were traded at around $42.61 with a P/E ratio of 8.4 and P/S ratio of 1. The dividend yield of The Travelers Companies Inc. stocks is 2.9%. The Travelers Companies Inc. had an annual average earning growth of 55% over the past 5 years.
Reduced: REGALBELOIT Corp. (RBC)
David Dreman reduced to his holdings in REGALBELOIT Corp. by 37.67%. His sale prices were between $36.66 and $42.47, with an estimated average price of $39.6. The impact to his portfolio due to this sale was -0.22%. David Dreman still held 453,867 shares as of 06/30/2009.
Regal Beloit Corporation is a leading manufacturer of electrical and mechanical motion control and power generation products serving markets throughout the world. Regal Beloit is headquartered in Beloit Wisconsin and has manufacturing sales and service facilities throughout North America and in Mexico Europe and Asia. REGALBELOIT Corp. has a market cap of $1.69 billion; its shares were traded at around $47.99 with a P/E ratio of 14.5 and P/S ratio of 0.7. The dividend yield of REGALBELOIT Corp. stocks is 1.4%. REGALBELOIT Corp. had an annual average earning growth of 4.1% over the past 10 years.
Reduced: Valero Energy Corp. (VLO)
David Dreman reduced to his holdings in Valero Energy Corp. by 80.11%. His sale prices were between $16.48 and $23.13, with an estimated average price of $20.1. The impact to his portfolio due to this sale was -0.22%. David Dreman still held 519,775 shares as of 06/30/2009.
Valero Energy Corporation owns and operates refineries in the United States and Canada with a combined throughput capacity of approximately two million BPD making it one of the nation's top refiners of petroleum products. Valero is also one of the nation's leading retail operators with retail outlets in the United States and Canada under various brand names including Diamond Shamrock Ultramar Valero Beacon and Total. Valero Energy Corp. has a market cap of $9.46 billion; its shares were traded at around $18.32 with a P/E ratio of 3.5 and P/S ratio of 0.1. The dividend yield of Valero Energy Corp. stocks is 3.3%. Valero Energy Corp. had an annual average earning growth of 35.9% over the past 10 years. GuruFocus rated Valero Energy Corp. the business predictability rank of 4.5-star.
Reduced: Central European Distribution Corp. (CEDC)
David Dreman reduced to his holdings in Central European Distribution Corp. by 31.09%. His sale prices were between $17.78 and $31.26, with an estimated average price of $24.1. The impact to his portfolio due to this sale was -0.23%. David Dreman still held 885,588 shares as of 06/30/2009.
Central European Distribution Corp. is a leading importer and distributor of alcoholic beverages in Poland. The company operates the largest nationwide next-day alcoholic beverage delivery service in Poland through its eight regional branch offices located in Poland's principal cities including Warsaw Krakow Gdynia and Katowice. The company currently distributes approximately 300 brands in three categories: beer spirits and wine. Central European Distribution Corp. has a market cap of $1.41 billion; its shares were traded at around $28.51 with a P/E ratio of 11.3 and P/S ratio of 0.7. Central European Distribution Corp. had an annual average earning growth of 38.8% over the past 10 years. GuruFocus rated Central European Distribution Corp. the business predictability rank of 4-star.
Reduced: Joy Global Inc. (JOYG)
David Dreman reduced to his holdings in Joy Global Inc. by 32.18%. His sale prices were between $23.63 and $40.63, with an estimated average price of $31.3. The impact to his portfolio due to this sale was -0.23%. David Dreman still held 632,558 shares as of 06/30/2009.
Joy Global Inc. is a worldwide leader in manufacturing servicing and distributing equipment for surface mining through its P&H Mining Equipment division and underground mining through its Joy Mining Machinery division.(Press Release) Joy Global Inc. has a market cap of $4.09 billion; its shares were traded at around $40 with a P/E ratio of 9.8 and P/S ratio of 1.2. The dividend yield of Joy Global Inc. stocks is 1.8%. Joy Global Inc. had an annual average earning growth of 79% over the past 5 years.
Reduced: Newmont Mining Corp. (NEM)
David Dreman reduced to his holdings in Newmont Mining Corp. by 79.96%. His sale prices were between $38.06 and $48.77, with an estimated average price of $42.8. The impact to his portfolio due to this sale was -0.26%. David Dreman still held 242,802 shares as of 06/30/2009.
Newmont Mining Corp. is engaged in the production of gold the exploration for gold and the acquisition and development of gold properties worldwide. The company produces gold from mines in Nevada and California and outside of the United States from operations in Peru Indonesia Mexico and Uzbekistan. Newmont Mining Corp. has a market cap of $20 billion; its shares were traded at around $41.76 with a P/E ratio of 26.1 and P/S ratio of 3.3. The dividend yield of Newmont Mining Corp. stocks is 0.9%. Newmont Mining Corp. had an annual average earning growth of 4.5% over the past 10 years.
Reduced: Jack Henry & Associates Inc. (JKHY)
David Dreman reduced to his holdings in Jack Henry & Associates Inc. by 38.68%. His sale prices were between $17.64 and $20.8, with an estimated average price of $18.5. The impact to his portfolio due to this sale was -0.27%. David Dreman still held 1,052,932 shares as of 06/30/2009.
Jack Henry & Associates Inc. is a leading provider of integrated technology solutions and data processing services for financial institutions. Jack Henry markets and supports its systems throughout the United States. A technology provider for the financial industry. That's the simplest way to describe what they do. But it hardly describes what Jack Henry & Associates is really about. Jack Henry & Associates are about solutions and support. They're about building relationships and making things work. The Company are about doing the right things for our customers no matter what. It began as a vision and it's become our tradition. Jack Henry & Associates Inc. has a market cap of $1.81 billion; its shares were traded at around $21.64 with a P/E ratio of 18.3 and P/S ratio of 2.4. The dividend yield of Jack Henry & Associates Inc. stocks is 1.6%. Jack Henry & Associates Inc. had an annual average earning growth of 14.2% over the past 10 years. GuruFocus rated Jack Henry & Associates Inc. the business predictability rank of 4.5-star.
Reduced: General Cable Corp. (BGC)
David Dreman reduced to his holdings in General Cable Corp. by 36.46%. His sale prices were between $24.26 and $40.4, with an estimated average price of $34. The impact to his portfolio due to this sale was -0.29%. David Dreman still held 657,936 shares as of 06/30/2009.
General Cable Corp. is a leader in the development design manufacture marketing and distribution of copper aluminum and fiber optic wire and cable products for the communications energy and electrical markets. The company sells its products primarily to commercial industrial utility telecommunications original equipment manufacturers military/government retail electrical and communications distributor customers worldwide. General Cable Corp. has a market cap of $2.17 billion; its shares were traded at around $41.83 with a P/E ratio of 10.9 and P/S ratio of 0.3. General Cable Corp. had an annual average earning growth of 3.1% over the past 10 years.
Reduced: Carnival Corp. (CCL)
David Dreman reduced to his holdings in Carnival Corp. by 80.52%. His sale prices were between $24.17 and $28.43, with an estimated average price of $26. The impact to his portfolio due to this sale was -0.29%. David Dreman still held 434,847 shares as of 06/30/2009.
Carnival Corporation is one of the world's largest multiple-night cruise companies. The company offers a broad range of cruise brands serving the contemporary cruise sector of the vacation market through Carnival Cruise Lines and Costa the premium cruise sector through Holland America Line and the luxury cruise sector through Cunard Line Seabourn Cruise Line and Windstar Cruises. Carnival Corp. has a market cap of $17.87 billion; its shares were traded at around $28.55 with a P/E ratio of 10.5 and P/S ratio of 1.2. Carnival Corp. had an annual average earning growth of 17% over the past 10 years. GuruFocus rated Carnival Corp. the business predictability rank of 4-star.
Reduced: Verizon Communications Inc. (VZ)
David Dreman reduced to his holdings in Verizon Communications Inc. by 84.58%. His sale prices were between $28.36 and $31.6, with an estimated average price of $29.8. The impact to his portfolio due to this sale was -0.3%. David Dreman still held 370,976 shares as of 06/30/2009.
Verizon Communications formed by the merger of Bell Atlantic and GTE is one of the world's leading providers of high-growth communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States. Verizon is also the world's largest provider of print and on-line directory information. Verizon Communications Inc. has a market cap of $88.82 billion; its shares were traded at around $31.27 with a P/E ratio of 12.1 and P/S ratio of 0.9. The dividend yield of Verizon Communications Inc. stocks is 5.9%. Verizon Communications Inc. had an annual average earning growth of 2.4% over the past 10 years. GuruFocus rated Verizon Communications Inc. the business predictability rank of 4-star.
Reduced: Caterpillar Inc. (CAT)
David Dreman reduced to his holdings in Caterpillar Inc. by 80.92%. His sale prices were between $31.71 and $39.15, with an estimated average price of $35. The impact to his portfolio due to this sale was -0.32%. David Dreman still held 373,011 shares as of 06/30/2009.
Caterpillar Inc is the world's largest manufacturer of construction and mining equipment diesel and natural gas engines and industrial gas turbines. The company is one of only a handful of U.S. companies that leads its industry while competing globally from a principally domestic manufacturing base. The company records more than half of its sales to overseas customers. Their products are used in the construction road building mining forestry energy transportation and material-handling industries. Caterpillar Inc. has a market cap of $24.83 billion; its shares were traded at around $41.26 with a P/E ratio of 9 and P/S ratio of 0.4. The dividend yield of Caterpillar Inc. stocks is 4.1%. Caterpillar Inc. had an annual average earning growth of 11.2% over the past 10 years.
Reduced: Eaton Corp. (ETN)
David Dreman reduced to his holdings in Eaton Corp. by 76.95%. His sale prices were between $43.34 and $49.18, with an estimated average price of $45.3. The impact to his portfolio due to this sale was -0.35%. David Dreman still held 323,517 shares as of 06/30/2009.
Eaton Corporation is a global diversified industrial manufacturer. Eaton is one of the leaders in fluid power systems electrical power quality and controls automotive air management and fuel economy and intelligent truck components for fuel economy and safety. Eaton Corp. has a market cap of $8.38 billion; its shares were traded at around $50.62 with a P/E ratio of 10.3 and P/S ratio of 0.5. The dividend yield of Eaton Corp. stocks is 4%. Eaton Corp. had an annual average earning growth of 7.4% over the past 10 years.
Reduced: U.S. Bancorp (USB)
David Dreman reduced to his holdings in U.S. Bancorp by 82.76%. His sale prices were between $17.59 and $20.48, with an estimated average price of $18.4. The impact to his portfolio due to this sale was -0.35%. David Dreman still held 730,516 shares as of 06/30/2009.
U.S. Bancorp is a financial services holding company. They operate full-service branch offices and ATMs and provides a comprehensive line of banking brokerage insurance investment mortgage trust and payment services products to consumers businesses and institutions. U.S. Bancorp is the parent company of Firstar Bank and U.S. Bank. U.S. Bancorp has a market cap of $36.85 billion; its shares were traded at around $19.42 with a P/E ratio of 15.7 and P/S ratio of 1.9. The dividend yield of U.S. Bancorp stocks is 1.1%. U.S. Bancorp had an annual average earning growth of 13.4% over the past 10 years. GuruFocus rated U.S. Bancorp the business predictability rank of 3.5-star.
Reduced: Microsoft Corp. (MSFT)
David Dreman reduced to his holdings in Microsoft Corp. by 81.09%. His sale prices were between $19.08 and $24.07, with an estimated average price of $21. The impact to his portfolio due to this sale was -0.36%. David Dreman still held 577,929 shares as of 06/30/2009.
Microsoft develops manufactures licenses and supports a wide range of software products for a multitude of computing devices. Microsoft software includes scalable operating systems for servers personal computers and intelligent devices; server applications for client/server environments; knowledge worker productivity applications; and software development tools. The Company's online efforts include the MSN network of Internet products and services and alliances with companies involved with broadband access and various forms of digital interactivity. Microsoft Corp. has a market cap of $227.48 billion; its shares were traded at around $25.56 with a P/E ratio of 14.2 and P/S ratio of 3.7. The dividend yield of Microsoft Corp. stocks is 2%. Microsoft Corp. had an annual average earning growth of 10% over the past 10 years. GuruFocus rated Microsoft Corp. the business predictability rank of 4-star.
Reduced: American Express Company (AXP)
David Dreman reduced to his holdings in American Express Company by 80.45%. His sale prices were between $18.69 and $28.19, with an estimated average price of $24. The impact to his portfolio due to this sale was -0.36%. David Dreman still held 609,211 shares as of 06/30/2009.
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 $34.39 billion; its shares were traded at around $29.45 with a P/E ratio of 16.2 and P/S ratio of 1.2. The dividend yield of American Express Company stocks is 2.5%. American Express Company had an annual average earning growth of 1.3% over the past 10 years.
Reduced: Zimmer Holdings Inc. (ZMH)
David Dreman reduced to his holdings in Zimmer Holdings Inc. by 77.95%. His sale prices were between $38.78 and $46.66, with an estimated average price of $43.3. The impact to his portfolio due to this sale was -0.37%. David Dreman still held 345,128 shares as of 06/30/2009.
Zimmer is a global leader in the design development manufacturing and market of reconstructive orthopaedic implants and fracture management products. Orthopaedic reconstruction implants restore joint function lost to disease or trauma in joints such as knees hips shoulders and elbows. Fracture management products are devices used primarily to reattach or stabilize damaged bone and tissue to support the body's natural healing process. Zimmer Holdings Inc. has a market cap of $9.29 billion; its shares were traded at around $43.17 with a P/E ratio of 10.9 and P/S ratio of 2.2. Zimmer Holdings Inc. had an annual average earning growth of 24.6% over the past 5 years.
Reduced: FedEx Corp. (FDX)
David Dreman reduced to his holdings in FedEx Corp. by 80.7%. His sale prices were between $50.81 and $59.93, with an estimated average price of $54.5. The impact to his portfolio due to this sale was -0.4%. David Dreman still held 275,853 shares as of 06/30/2009.
FedEx Corporation is a global transportation and logistics enterprise that offers customers a one-stop source for global shipping logistics and supply chain solutions. Services offered by FedEx companies include worldwide express delivery ground small-parcel delivery less-than-truckload freight delivery and global logistics supply chain management and electronic commerce solutions. FedEx Corp. has a market cap of $20 billion; its shares were traded at around $64.24 with a P/E ratio of 17.2 and P/S ratio of 0.5. The dividend yield of FedEx Corp. stocks is 0.7%. FedEx Corp. had an annual average earning growth of 17.7% over the past 10 years. GuruFocus rated FedEx Corp. the business predictability rank of 3.5-star.
Reduced: Allstate Corp. The (ALL)
David Dreman reduced to his holdings in Allstate Corp. The by 78.6%. His sale prices were between $22.14 and $26.07, with an estimated average price of $24.3. The impact to his portfolio due to this sale was -0.42%. David Dreman still held 696,714 shares as of 06/30/2009.
Allstate Corporation's business is conducted principally throughAllstate Insurance Company Allstate Life Insurance Company and theirsubsidiaries. Allstate is engaged principally in the United States and Canada in the personal property and casualty insurance business and the life insurance and savings business. Allstate has four businesssegments: personal property and casualty; life and savings; discontinued lines and coverages; and corporate and other business. Allstate Corp. The has a market cap of $13.92 billion; its shares were traded at around $25.95 with a P/E ratio of 9.6 and P/S ratio of 0.4. The dividend yield of Allstate Corp. The stocks is 3.1%. Allstate Corp. The had an annual average earning growth of 21.1% over the past 10 years.
Reduced: Aetna Inc. (AET)
David Dreman reduced to his holdings in Aetna Inc. by 79.84%. His sale prices were between $22.2 and $27.72, with an estimated average price of $25.2. The impact to his portfolio due to this sale was -0.42%. David Dreman still held 642,472 shares as of 06/30/2009.
Aetna Inc. is one of the nation's largest health benefits companies and one of the nation's largest insurance and financial services organizations. Aetna provides these benefits to employer and plan sponsor customers in all 50 states ranging from large multisite national accounts to middle-market and small-employer groups. Its products include the full range of health insurance including dental and pharmacy benefits from HMO and POS to PPO and indemnity as well as group insurance products such as life disability and long-term care insurance. Aetna Inc. has a market cap of $11.39 billion; its shares were traded at around $25.48 with a P/E ratio of 6.4 and P/S ratio of 0.4. The dividend yield of Aetna Inc. stocks is 0.2%. Aetna Inc. had an annual average earning growth of 6% over the past 10 years.
Reduced: The Walt Disney Company Disney (DIS)
David Dreman reduced to his holdings in The Walt Disney Company Disney by 80.46%. His sale prices were between $19.88 and $25.46, with an estimated average price of $23. The impact to his portfolio due to this sale was -0.42%. David Dreman still held 699,575 shares as of 06/30/2009.
Walt Disney Company owns 100% of Disney Enterprises Inc. whichtogether with its subsidiaries is a diversified worldwide entertainmentcompany with operations in five business segments: Media Networks StudioEntertainment Theme Parks and Resorts Consumer Products and Internet andDirect Marketing. The Walt Disney Company Disney has a market cap of $49.76 billion; its shares were traded at around $26.8 with a P/E ratio of 14.1 and P/S ratio of 1.3. The dividend yield of The Walt Disney Company Disney stocks is 1.3%. The Walt Disney Company Disney had an annual average earning growth of 4.4% over the past 10 years.
Reduced: The PNC Financial Services Group Inc. (PNC)
David Dreman reduced to his holdings in The PNC Financial Services Group Inc. by 80.48%. His sale prices were between $37.72 and $52.93, with an estimated average price of $42. The impact to his portfolio due to this sale was -0.43%. David Dreman still held 424,431 shares as of 06/30/2009.
The PNC Financial Services Group Inc. is one of the nation's largest diversified financial services organizations providing regional banking corporate banking real estate finance asset-based lending wealth management asset management and global fund services. (Company Press Release) The PNC Financial Services Group Inc. has a market cap of $15.93 billion; its shares were traded at around $35.79 with a P/E ratio of 10.4 and P/S ratio of 2.3. The dividend yield of The PNC Financial Services Group Inc. stocks is 1%. The PNC Financial Services Group Inc. had an annual average earning growth of 0.7% over the past 10 years.
Reduced: United Technologies Corp. (UTX)
David Dreman reduced to his holdings in United Technologies Corp. by 80.57%. His sale prices were between $46.95 and $56.39, with an estimated average price of $51.5. The impact to his portfolio due to this sale was -0.47%. David Dreman still held 347,121 shares as of 06/30/2009.
United Technologies Corporation provides a broad range of high technology products and services to the building systems and aerospace industries. Those products include Pratt & Whitney aircraft engines space propulsion systems and industrial gas turbines; Carrier heating air conditioning and refrigeration; Otis elevator escalator and people movers; Hamilton Sundstrand aerospace and industrial products; Sikorsky helicopters and International Fuel Cells power systems. (Company Press Release) United Technologies Corp. has a market cap of $50.29 billion; its shares were traded at around $53.38 with a P/E ratio of 11.1 and P/S ratio of 0.9. The dividend yield of United Technologies Corp. stocks is 2.9%. United Technologies Corp. had an annual average earning growth of 13.6% over the past 10 years. GuruFocus rated United Technologies Corp. the business predictability rank of 3-star.
Reduced: Northrop Grumman Corp. (NOC)
David Dreman reduced to his holdings in Northrop Grumman Corp. by 79.56%. His sale prices were between $44.34 and $50.09, with an estimated average price of $47.7. The impact to his portfolio due to this sale was -0.47%. David Dreman still held 401,799 shares as of 06/30/2009.
Northrop Grumman Corporation is a high technology company providing innovative solutions in systems integration defense electronics and information technology for its U.S. and international military government and commercial customers as a prime contractor principal subcontractor team member or preferred supplier. (Company Press Release) Northrop Grumman Corp. has a market cap of $14.96 billion; its shares were traded at around $46.26 with a P/E ratio of 8.1 and P/S ratio of 0.5. The dividend yield of Northrop Grumman Corp. stocks is 3.7%. Northrop Grumman Corp. had an annual average earning growth of 1.3% over the past 10 years.
Reduced: Occidental Petroleum Corp. (OXY)
David Dreman reduced to his holdings in Occidental Petroleum Corp. by 80.89%. His sale prices were between $55.6 and $68.97, with an estimated average price of $62.6. The impact to his portfolio due to this sale was -0.48%. David Dreman still held 280,745 shares as of 06/30/2009.
Occidental Petroleum Corp. explores for develops produces and markets crude oil and natural gas and manufactures and markets a variety of basic chemicals including chlorine caustic soda and ethylene dichloride as well as specialty chemicals and vinyls including polyvinyl chloride resins and vinyl chloride monomer. Occidental conducts its principal operations through its oil and gas and chemical subsidiaries. Occidental Petroleum Corp. has a market cap of $58.32 billion; its shares were traded at around $71.95 with a P/E ratio of 10 and P/S ratio of 2.4. The dividend yield of Occidental Petroleum Corp. stocks is 1.8%. Occidental Petroleum Corp. had an annual average earning growth of 17% over the past 10 years. GuruFocus rated Occidental Petroleum Corp. the business predictability rank of 2.5-star.
Reduced: PHILIP MORRIS INTERNATIONAL INC (PM)
David Dreman reduced to his holdings in PHILIP MORRIS INTERNATIONAL INC by 80.33%. His sale prices were between $36.7 and $43.54, with an estimated average price of $40.5. The impact to his portfolio due to this sale was -0.52%. David Dreman still held 462,667 shares as of 06/30/2009.
Philip Morris International is the leading international tobacco company with products sold in over 160 countries. They own 7 of the top 15 brands in the world and have a strong mix of international and local products that seek to appeal to a wide array of adult smokers. PHILIP MORRIS INTERNATIONAL INC has a market cap of $90.27 billion; its shares were traded at around $46.02 with a P/E ratio of 14.5 and P/S ratio of 1.5. The dividend yield of PHILIP MORRIS INTERNATIONAL INC stocks is 4.7%.
Reduced: Lowe's Companies Inc. (LOW)
David Dreman reduced to his holdings in Lowe's Companies Inc. by 80.62%. His sale prices were between $18.37 and $20.99, with an estimated average price of $19.7. The impact to his portfolio due to this sale was -0.6%. David Dreman still held 1,183,719 shares as of 06/30/2009.
Lowe's Companies Inc. is a retailer of home improvement products in the world with specific emphasis on retail do-it-yourself and commercial business customers. Lowe's specializes in offering products and services for home improvement home decor home maintenance home repair and remodeling and maintenance of commercial buildings. Lowe's principal customer groups are do-it-yourself retail customers and commercial business customers. Lowe's Companies Inc. has a market cap of $31.97 billion; its shares were traded at around $21.65 with a P/E ratio of 15.4 and P/S ratio of 0.6. The dividend yield of Lowe's Companies Inc. stocks is 1.6%. Lowe's Companies Inc. had an annual average earning growth of 21.4% over the past 10 years. GuruFocus rated Lowe's Companies Inc. the business predictability rank of 5-star.
Reduced: General Electric Company (GE)
David Dreman reduced to his holdings in General Electric Company by 80.34%. His sale prices were between $11.24 and $14.41, with an estimated average price of $12.7. The impact to his portfolio due to this sale was -0.63%. David Dreman still held 2,087,476 shares as of 06/30/2009.
General Electric is one of the largest and most diversified industrial corporations in the world. GE is engaged in developing manufacturing and marketing a wide variety of products for the generation transmission distribution control and utilization of electricity. Some of GE's products include major appliances; lighting products; industrial automation products; medical diagnostic imaging equipment; motors; electrical distribution and control equipment; locomotives; power generation and delivery products. General Electric Company has a market cap of $126.55 billion; its shares were traded at around $11.95 with a P/E ratio of 8.6 and P/S ratio of 0.7. The dividend yield of General Electric Company stocks is 3.4%. General Electric Company had an annual average earning growth of 12.7% over the past 10 years. GuruFocus rated General Electric Company the business predictability rank of 3.5-star.
Reduced: Pfizer Inc (PFE)
David Dreman reduced to his holdings in Pfizer Inc by 82.26%. His sale prices were between $13.02 and $15.19, with an estimated average price of $14.4. The impact to his portfolio due to this sale was -0.63%. David Dreman still held 1,578,006 shares as of 06/30/2009.
Pfizer Inc is a research-based global pharmaceutical company that discovers and develops innovative value-added products that improve the quality of life of people around the world and help them enjoy longer healthier and more productive lives. Pfizer has three business segments: health care animal health and consumer health care. Its products are available in numerous countries. (Company Press Release) Pfizer Inc has a market cap of $108.98 billion; its shares were traded at around $16.15 with a P/E ratio of 6.9 and P/S ratio of 2.2. The dividend yield of Pfizer Inc stocks is 4%. Pfizer Inc had an annual average earning growth of 11% over the past 10 years. GuruFocus rated Pfizer Inc the business predictability rank of 2.5-star.
Reduced: Chesapeake Energy Corp. (CHK)
David Dreman reduced to his holdings in Chesapeake Energy Corp. by 78.35%. His sale prices were between $19.56 and $23.75, with an estimated average price of $21.5. The impact to his portfolio due to this sale was -0.65%. David Dreman still held 1,306,936 shares as of 06/30/2009.
Chesapeake Energy Corp. is an independent oil and gas company engaged in the development exploration acquisition and production of onshore natural gas and oil reserves. Chesapeake owns interests in producing oil and gas wells concentrated in three primary operating areas: the Mid-Continent region of Oklahoma western Arkansas southwestern Kansas and the Texas Panhandle; the Gulf Coast region consisting primarily of the Austin Chalk Trend in Texas and Louisiana and the Tuscaloosa Trend in Louisiana; and the Helmet area of northeastern British Columbia. Chesapeake Energy Corp. has a market cap of $13.24 billion; its shares were traded at around $21.15 with a P/E ratio of 7.3 and P/S ratio of 1.1. The dividend yield of Chesapeake Energy Corp. stocks is 1.4%. Chesapeake Energy Corp. had an annual average earning growth of 19.6% over the past 5 years.
Reduced: BHP Billiton Ltd. (BHP)
David Dreman reduced to his holdings in BHP Billiton Ltd. by 79.83%. His sale prices were between $46.78 and $60.29, with an estimated average price of $53. The impact to his portfolio due to this sale was -0.66%. David Dreman still held 473,874 shares as of 06/30/2009.
BHP Billiton is a leader in the global natural resources industry. The Group has high-value and industry-leading positions in aluminium metallurgical coal thermal coal copper ferro-alloys iron ore and titanium minerals and also has substantial interests in oil gas nickel diamonds and silver. BHP Billiton Ltd. has a market cap of $103.05 billion; its shares were traded at around $61.37 with and P/S ratio of 1.8. The dividend yield of BHP Billiton Ltd. stocks is 2.7%. BHP Billiton Ltd. had an annual average earning growth of 51.8% over the past 10 years.
Reduced: JPMorgan Chase & Co. (JPM)
David Dreman reduced to his holdings in JPMorgan Chase & Co. by 79.43%. His sale prices were between $32.44 and $38.88, with an estimated average price of $34.6. The impact to his portfolio due to this sale was -0.66%. David Dreman still held 757,331 shares as of 06/30/2009.
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 $148.82 billion; its shares were traded at around $38.15 with a P/E ratio of 97.8 and P/S ratio of 2.2. The dividend yield of JPMorgan Chase & Co. stocks is 0.5%.
Reduced: Chevron Corp. (CVX)
David Dreman reduced to his holdings in Chevron Corp. by 80.58%. His sale prices were between $64.44 and $72.67, with an estimated average price of $67.4. The impact to his portfolio due to this sale was -0.68%. David Dreman still held 403,009 shares as of 06/30/2009.
Chevron is the fifth-largest integrated energy company in the world. Headquartered in San Ramon California and conducting business in approximately 180 countries this highly competitive corporation is engaged in every aspect of the oil and natural gas industry including exploration and production; refining marketing and transportation; chemicals manufacturing and sales; and power generation. Chevron Corp. has a market cap of $136.1 billion; its shares were traded at around $67.89 with a P/E ratio of 7.1 and P/S ratio of 0.5. The dividend yield of Chevron Corp. stocks is 3.9%. Chevron Corp. had an annual average earning growth of 14.5% over the past 10 years. GuruFocus rated Chevron Corp. the business predictability rank of 3.5-star.
Reduced: Goldman Sachs Group Inc. The (GS)
David Dreman reduced to his holdings in Goldman Sachs Group Inc. The by 81.23%. His sale prices were between $120.29 and $149.01, with an estimated average price of $135.9. The impact to his portfolio due to this sale was -0.76%. David Dreman still held 196,668 shares as of 06/30/2009.
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 $83.29 billion; its shares were traded at around $165.45 with a P/E ratio of 32.1 and P/S ratio of 1.5. The dividend yield of Goldman Sachs Group Inc. The stocks is 0.9%. Goldman Sachs Group Inc. The had an annual average earning growth of 24.5% over the past 10 years.
Reduced: Wells Fargo & Company (WFC)
David Dreman reduced to his holdings in Wells Fargo & Company by 80.94%. His sale prices were between $19.57 and $28.18, with an estimated average price of $23.5. The impact to his portfolio due to this sale was -0.78%. David Dreman still held 1,239,369 shares as of 06/30/2009.
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 $114.14 billion; its shares were traded at around $24.26 with a P/E ratio of 29.6 and P/S ratio of 2.2. The dividend yield of Wells Fargo & Company stocks is 0.8%. Wells Fargo & Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Wells Fargo & Company the business predictability rank of 4-star.
Reduced: Apache Corp. (APA)
David Dreman reduced to his holdings in Apache Corp. by 80.95%. His sale prices were between $68.63 and $84.72, with an estimated average price of $76.6. The impact to his portfolio due to this sale was -0.88%. David Dreman still held 472,495 shares as of 06/30/2009.
Apache Corporation is an independent energy company that explores for develops and produces natural gas crude oil and natural gas liquids. In North America Apache's exploration and production interests are focused on the Gulf of Mexico the Anadarko Basin the Permian Basin the Gulf Coast and the Western Sedimentary Basin of Canada. Outside of North America Apache has exploration and production interests offshore Western Australia and in Egypt and exploration interests in Poland and offshore The People's Republic of China. Apache Corp. has a market cap of $26.57 billion; its shares were traded at around $79.27 with a P/E ratio of 8.9 and P/S ratio of 2.2. The dividend yield of Apache Corp. stocks is 0.8%. Apache Corp. had an annual average earning growth of 24.7% over the past 10 years. GuruFocus rated Apache Corp. the business predictability rank of 4.5-star.
Reduced: Bank of America Corp. (BAC)
David Dreman reduced to his holdings in Bank of America Corp. by 81.89%. His sale prices were between $8.69 and $14.16, with an estimated average price of $11.4. The impact to his portfolio due to this sale was -0.93%. David Dreman still held 2,662,942 shares as of 06/30/2009.
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 $100.51 billion; its shares were traded at around $12.69 with a P/E ratio of 22.7 and P/S ratio of 1.3. The dividend yield of Bank of America Corp. stocks is 0.3%. Bank of America Corp. had an annual average earning growth of 7.5% over the past 10 years.
Reduced: Wyeth (WYE)
David Dreman reduced to his holdings in Wyeth by 78.05%. His sale prices were between $41.81 and $45.03, with an estimated average price of $43.8. The impact to his portfolio due to this sale was -0.98%. David Dreman still held 867,344 shares as of 06/30/2009.
Wyeth is one of the world's largest research-driven pharmaceutical and health care products companies. It is a leader in the discovery development manufacturing and marketing of pharmaceuticals vaccines biotechnology products and non-prescription medicines that improve the quality of life for people worldwide. The Company's major divisions include Wyeth Pharmaceuticals Wyeth Consumer Healthcare and Fort Dodge Animal Health. Wyeth has a market cap of $62.83 billion; its shares were traded at around $47.1 with a P/E ratio of 13.5 and P/S ratio of 2.7. The dividend yield of Wyeth stocks is 2.6%. Wyeth had an annual average earning growth of 5.8% over the past 10 years.
Reduced: UnitedHealth Group Inc. (UNH)
David Dreman reduced to his holdings in UnitedHealth Group Inc. by 80.28%. His sale prices were between $22.97 and $28.87, with an estimated average price of $25.4. The impact to his portfolio due to this sale was -1%. David Dreman still held 1,557,608 shares as of 06/30/2009.
UnitedHealth Group Inc. offers health care coverage and related services to help people achieve improved health and well-being through all stages of life. The company's products and services reflect a number of core capabilities including medical information management health benefit administration care coordination risk assessment and pricing health benefit design and provider contracting. With these capabilities it is able to provide comprehensive health care management services through organized health systems and insurance products. UnitedHealth Group Inc. has a market cap of $32.18 billion; its shares were traded at around $27.05 with a P/E ratio of 9.1 and P/S ratio of 0.4. The dividend yield of UnitedHealth Group Inc. stocks is 0.1%. UnitedHealth Group Inc. had an annual average earning growth of 30.4% over the past 10 years. GuruFocus rated UnitedHealth Group Inc. the business predictability rank of 5-star.
Reduced: Staples Inc. (SPLS)
David Dreman reduced to his holdings in Staples Inc. by 82.33%. His sale prices were between $19.11 and $21.82, with an estimated average price of $20.3. The impact to his portfolio due to this sale was -1%. David Dreman still held 1,892,589 shares as of 06/30/2009.
Staples.com is creating a leading business-to-business electronic marketplace offering a comprehensive solution for all of the officeneeds of business customers. Staples.com provides an electronic marketplace where small mid-sized and large businesses can procure office products and business services and obtain business information and expert content. Staples.com includes the operations of all three of Staples Inc.'s e-commerce sites: Staples.com Quillcorp.com and StaplesLink.com. (PRESS RELEASE) Staples Inc. has a market cap of $15.44 billion; its shares were traded at around $21.59 with a P/E ratio of 17.9 and P/S ratio of 0.6. The dividend yield of Staples Inc. stocks is 0.4%. Staples Inc. had an annual average earning growth of 15.6% over the past 10 years. GuruFocus rated Staples Inc. the business predictability rank of 4.5-star.
Reduced: Anadarko Petroleum Corp. (APC)
David Dreman reduced to his holdings in Anadarko Petroleum Corp. by 81.05%. His sale prices were between $42.59 and $51.86, with an estimated average price of $46. The impact to his portfolio due to this sale was -1.06%. David Dreman still held 905,008 shares as of 06/30/2009.
Anadarko Petroleum Corporation is one of the world's largest independentoil and gas exploration and production companies. Majority of the company'stotal proved reserves are located in the U.S. primarily in the mid-continent (Kansas Oklahoma and Texas) area offshore in the Gulf of Mexico and in Alaska. Most of the company's production is domestic and the remainder is from Algeria. The company also owns and operates gas gathering systems in its U.S. core producing areas. Anadarko Petroleum Corp. has a market cap of $24.09 billion; its shares were traded at around $48.25 with a P/E ratio of 16.1 and P/S ratio of 1.5. The dividend yield of Anadarko Petroleum Corp. stocks is 0.8%. Anadarko Petroleum Corp. had an annual average earning growth of 28% over the past 10 years. GuruFocus rated Anadarko Petroleum Corp. the business predictability rank of 3.5-star.
Reduced: Altria Group Inc. (MO)
David Dreman reduced to his holdings in Altria Group Inc. by 80.2%. His sale prices were between $16 and $16.78, with an estimated average price of $16.5. The impact to his portfolio due to this sale was -1.09%. David Dreman still held 2,592,206 shares as of 06/30/2009.
Altria Group is the parent company of Philip Morris USA U.S. Smokeless Tobacco Company John Middleton Ste. Michelle Wine Estates and Philip Morris Capital Corporation. Their tobacco company brand portfolios consist of successful and well-known brand names such as Marlboro Copenhagen Skoal and Black & Mild. Altria Group Inc. has a market cap of $36 billion; its shares were traded at around $17.41 with a P/E ratio of 10.4 and P/S ratio of 1.8. The dividend yield of Altria Group Inc. stocks is 7.4%. Altria Group Inc. had an annual average earning growth of 3.4% over the past 10 years.
Reduced: Devon Energy Corp. (DVN)
David Dreman reduced to his holdings in Devon Energy Corp. by 80.29%. His sale prices were between $48.79 and $65.53, with an estimated average price of $58.1. The impact to his portfolio due to this sale was -1.09%. David Dreman still held 777,210 shares as of 06/30/2009.
Devon Energy Corporation is an independent energy company engaged primarily in oil and gas exploration development and production and in the acquisition of producing properties. Devon currently owns oil and gas properties concentrated in four operating divisions: the Northern Division; the Southern Division; Canada; and the International Division. Devon Energy Corp. has a market cap of $25.79 billion; its shares were traded at around $58.1 with a P/E ratio of 7.7 and P/S ratio of 1.6. The dividend yield of Devon Energy Corp. stocks is 1.1%. Devon Energy Corp. had an annual average earning growth of 18.1% over the past 10 years. GuruFocus rated Devon Energy Corp. the business predictability rank of 4.5-star.
Reduced: ConocoPhillips (COP)
David Dreman reduced to his holdings in ConocoPhillips by 81.53%. His sale prices were between $39.76 and $46.43, with an estimated average price of $43.1. The impact to his portfolio due to this sale was -1.16%. David Dreman still held 1,054,964 shares as of 06/30/2009.
ConocoPhillips is a major international integrated energy company with operations in some 49 countries. ConocoPhillips has a market cap of $65.17 billion; its shares were traded at around $43.99 with a P/E ratio of 5 and P/S ratio of 0.3. The dividend yield of ConocoPhillips stocks is 4.3%. ConocoPhillips had an annual average earning growth of 19% over the past 10 years.
Sold Out: Hercules Offshore Inc. (HERO)
David Dreman sold out his holdings in Hercules Offshore Inc.. His sale prices were between $1.92 and $5.33, with an estimated average price of $3.8. The impact to his portfolio due to this sale was less than 0.01%.
Hercules Offshore is uniquely qualified to meet operators' needs for exploration workover and development drilling and liftboat services in shallow water depths in the Gulf of Mexico and international markets. It is dedicated to maintaining its fleets reliability and continually improving their performance. It conducts rigorous maintenance programs on all of the rigs and liftboats on a regular basis and invest in advanced equipment and safety upgrades. And it also offers a diversified fleet with a full range of vessel classes. To meet customers' needs vessels operate in various water depths and provide a variety of crane capabilities based on vessel selection. And its fleet works for customers across the Gulf of Mexico and they are also seeking opportunities in international areas with similar water depths and bottom conditions. Hercules Offshore Inc. has a market cap of $387.3 million; its shares were traded at around $4.4 with a P/E ratio of 4.7 and P/S ratio of 0.4.
Sold Out: Affiliated Computer Services Inc. (ACS)
David Dreman sold out his holdings in Affiliated Computer Services Inc.. His sale prices were between $44.5 and $50.83, with an estimated average price of $46.5. The impact to his portfolio due to this sale was less than 0.01%.
Affiliated Computer Services Inc. provides a full range of information technology services to clients which have time-critical transaction-intensive information processing needs. Services include technology outsourcing business process outsourcing and systems integration services. ACS a Fortune 1000 company with more than 40000 people supporting operations in 54 countries provides business process and information technology outsourcing solutions to world-class commercial and government clients. Affiliated Computer Services Inc. has a market cap of $4.42 billion; its shares were traded at around $45.28 with a P/E ratio of 12.5 and P/S ratio of 0.7. Affiliated Computer Services Inc. had an annual average earning growth of 13.4% over the past 10 years. GuruFocus rated Affiliated Computer Services Inc. the business predictability rank of 2.5-star.
Sold Out: StanCorp Financial Group Inc. (SFG)
David Dreman sold out his holdings in StanCorp Financial Group Inc.. His sale prices were between $25.47 and $32.11, with an estimated average price of $28.7. The impact to his portfolio due to this sale was less than 0.01%.
Standard Financial Corp. is a leading provider of group life and disability insurance products. The company also provide products to fund retirement plans and other insurance products to employers and groups as well as life insurance disability insurance and retirement products to individuals. The Group Insurance segment sells group long termdisability and group short term disability insurance group life insurancegroup accidental death and dismemberment insurance and group dental insurance. StanCorp Financial Group Inc. has a market cap of $1.65 billion; its shares were traded at around $33.68 with a P/E ratio of 6.7 and P/S ratio of 0.6. The dividend yield of StanCorp Financial Group Inc. stocks is 2.2%. StanCorp Financial Group Inc. had an annual average earning growth of 8.6% over the past 5 years.
Sold Out: MARSHALL & ILSLEY CORP NEW COM (MI)
David Dreman sold out his holdings in MARSHALL & ILSLEY CORP NEW COM. His sale prices were between $4.78 and $9.8, with an estimated average price of $6.8. The impact to his portfolio due to this sale was less than 0.01%.
Marshall & Ilsley Corp. is a diversified financial services corporation. The company has a large retail banking presence in Wisconsin with offices throughout the state. In addition M&I retail locations are located in Phoenix and Tucson Ariz.; Las Vegas Nev. and Naples Fla. M&I also provides trust and investment management equipment leasing data processing mortgage banking financial planning investments and insurance services from offices throughout the country and on the Internet. (Company Press Release) MARSHALL & ILSLEY CORP NEW COM has a market cap of $1.63 billion; its shares were traded at around $4.63 with and P/S ratio of 0.6. The dividend yield of MARSHALL & ILSLEY CORP NEW COM stocks is 0.9%.
Sold Out: The Dow Chemical Company (DOW)
David Dreman sold out his holdings in The Dow Chemical Company. His sale prices were between $10.84 and $17.51, with an estimated average price of $15.6. The impact to his portfolio due to this sale was less than 0.01%.
Dow Chemical Company is a science and technology company that provides innovative chemical plastic and agricultural products and services to many essential consumer markets. Dow serves customers in countries across the globe and a wide range of markets that are vital to human progress including food transportation health and medicine personal and home care and building and construction among others. Committed to the principles of sustainable development Dow seeks to balance economic environmental and social responsibilities. (Company Press Release) The Dow Chemical Company has a market cap of $22.32 billion; its shares were traded at around $20.06 with a P/E ratio of 22.1 and P/S ratio of 0.3. The dividend yield of The Dow Chemical Company stocks is 3%. The Dow Chemical Company had an annual average earning growth of 3.8% over the past 10 years.
Sold Out: Worthington Industries Inc. (WOR)
David Dreman sold out his holdings in Worthington Industries Inc.. His sale prices were between $13.03 and $15.15, with an estimated average price of $13.9. The impact to his portfolio due to this sale was less than 0.01%.
Worthington Industries is one of the leading diversified metal processing companies. The company is one of North America's premier value-added steel processors and one of the leaders in manufactured metal products such as automotive aftermarket stampings pressure cylinders metal framing metal ceiling grid systems and laser welded blanks. (Company Press Release) Worthington Industries Inc. has a market cap of $1.03 billion; its shares were traded at around $13.06 with a P/E ratio of 13 and P/S ratio of 0.4. The dividend yield of Worthington Industries Inc. stocks is 3.1%. Worthington Industries Inc. had an annual average earning growth of 3.1% over the past 10 years.
Sold Out: Weis Markets Inc. (WMK)
David Dreman sold out his holdings in Weis Markets Inc.. His sale prices were between $31.05 and $36.53, with an estimated average price of $34.9. The impact to his portfolio due to this sale was less than 0.01%.
Weis Markets Inc. is engaged principally in the retail sale of food and pet supplies. It operates stores in the following states: Pennsylvania Maryland New Jersey New York Virginia and West Virginia. The SuperPetz division operates pet supply warehouse stores across the eastern U.S.. Weis Markets Inc. has a market cap of $952.2 million; its shares were traded at around $35.36 with a P/E ratio of 17.1 and P/S ratio of 0.4. The dividend yield of Weis Markets Inc. stocks is 3.2%. Weis Markets Inc. had an annual average earning growth of 4.8% over the past 10 years. GuruFocus rated Weis Markets Inc. the business predictability rank of 2-star.
Sold Out: KimberlyClark Corp. (KMB)
David Dreman sold out his holdings in KimberlyClark Corp.. His sale prices were between $47.66 and $52.73, with an estimated average price of $50.6. The impact to his portfolio due to this sale was less than 0.01%.
Kimberly-Clark Corporation is one of the leading consumer products companies. Its global tissue personal care and health care brands include Huggies Pull-Ups Kotex Depend Kleenex Scott Kimberly-Clark Safeskin Tecnol Kimwipes and Wypall. Other brands well known outside the U.S. include Andrex Scottex Page Popee and Kimbies. Kimberly-Clark also is a major producer of premium business correspondence and technical papers. (Company Press Release) KimberlyClark Corp. has a market cap of $23.94 billion; its shares were traded at around $57.8 with a P/E ratio of 14.3 and P/S ratio of 1.3. The dividend yield of KimberlyClark Corp. stocks is 4.1%. KimberlyClark Corp. had an annual average earning growth of 4.9% over the past 10 years. GuruFocus rated KimberlyClark Corp. the business predictability rank of 2.5-star.
Sold Out: Penske Automotive Group Inc. (PAG)
David Dreman sold out his holdings in Penske Automotive Group Inc.. His sale prices were between $10.91 and $16.86, with an estimated average price of $13.4. The impact to his portfolio due to this sale was less than 0.01%.
United Auto Group Inc. is a leading acquirer consolidator and operator of franchised automobile and light truck dealerships and related businesses. As an integral part of its dealership operations they also sells used vehicles. All of the franchised dealerships include integrated service and parts operations which are an important source of recurring revenues. In addition these dealerships market a complete line of aftermarket automotive products and services through its wholly owned subsidiaries United Auto Care Inc. and United Auto Care Products Inc. Penske Automotive Group Inc. has a market cap of $1.72 billion; its shares were traded at around $18.75 with a P/E ratio of 22.8 and P/S ratio of 0.1. Penske Automotive Group Inc. had an annual average earning growth of 6.6% over the past 5 years.
Sold Out: Freddie Mac 5.81% Non-Cumulative Preferred Stock (FRE-PO)
David Dreman sold out his holdings in Freddie Mac 5.81% Non-Cumulative Preferred Stock. His sale prices were between $0.68 and $1.2, with an estimated average price of $0.9. The impact to his portfolio due to this sale was less than 0.01%.
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Sold Out: Aaron Rents Inc. (RNT)
David Dreman sold out his holdings in Aaron Rents Inc.. His sale prices were between $29.11 and $30.02, with an estimated average price of $29.6. The impact to his portfolio due to this sale was less than 0.01%.
AARON RENTS INC. is engaged in renting and selling residential and office furniture and accessories household appliances consumer electronics and business equipment.The Co. also manufactures and reconditions its own specially designed residential and office furniture. Furniture manufactured by the Co. is primarily for sale or rent in its stores. Aaron Rents Inc. has a market cap of $1.61 billion; its shares were traded at around $30.02 with a P/E ratio of 18.76 and P/S ratio of 1.01. The dividend yield of Aaron Rents Inc. stocks is 0.23%. Aaron Rents Inc. had an annual average earning growth of 16.1% over the past 10 years. GuruFocus rated Aaron Rents Inc. the business predictability rank of 5-star.
Sold Out: Mueller Water Products Inc. Series A (MWA)
David Dreman sold out his holdings in Mueller Water Products Inc. Series A. His sale prices were between $3.5 and $4.65, with an estimated average price of $4. The impact to his portfolio due to this sale was less than 0.01%.
Walter Industries is a diversified Company and leader in water infrastructure flow control and water transmission products. The Company is a signficant producer of high-quality metallurgical coal and natural gas for worldwide markets and is also a leader in affordable homebuilding and financing. Mueller Water Products Inc. Series A has a market cap of $454.4 million; its shares were traded at around $3.93 with a P/E ratio of 19.7 and P/S ratio of 0.2. The dividend yield of Mueller Water Products Inc. Series A stocks is 1.9%.
Sold Out: Walgreen Company (WAG)
David Dreman sold out his holdings in Walgreen Company. His sale prices were between $28.87 and $31.43, with an estimated average price of $30.3. The impact to his portfolio due to this sale was less than 0.01%.
Walgreen Co. is a national retail pharmacy chain and considered the leader in innovative drugstore retailing. Walgreens pioneered many store features that are becoming standards in the industry. Among those concepts are: Computerized pharmacies Point-of-sale scanning Freestanding stores with drive-thru pharmacies and Intercom Plus Walgreens advanced new pharmacy computer and workflow system. Intercom Plus allows pharmacists to spend more time counseling patients by assigning administrative tasks to pharmacy technicians Walgreen Company has a market cap of $29.49 billion; its shares were traded at around $29.74 with a P/E ratio of 14.5 and P/S ratio of 0.5. The dividend yield of Walgreen Company stocks is 1.5%. Walgreen Company had an annual average earning growth of 15.1% over the past 10 years. GuruFocus rated Walgreen Company the business predictability rank of 5-star.
Sold Out: Intel Corp. (INTC)
David Dreman sold out his holdings in Intel Corp.. His sale prices were between $15.05 and $16.31, with an estimated average price of $15.7. The impact to his portfolio due to this sale was less than 0.01%.
Intel Corporation one of the world's largest semiconductor chip maker supplies the computing and communications industries with chips boards and systems building blocks that are integral to computers servers and networking and communications products. Its products are offered at various levels of integration and are used by industry members to create advanced computing and communications systems. Intel Corp. has a market cap of $108.8 billion; its shares were traded at around $19.48 with a P/E ratio of 27.4 and P/S ratio of 2.8. The dividend yield of Intel Corp. stocks is 2.9%. Intel Corp. had an annual average earning growth of 0.4% over the past 10 years.
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User Comments:
This is a very good website. I learned alot about certain stocks that I was unfamiliar with.
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Hmmm. I own more stocks on his sell list than his buy list.
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Buffetteer17: "Hmmm. I own more stocks on his sell list than his buy list."
No wonder you lost your unofficial membership to the Contrarian Club ;)
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