Luceudia Corp's Ian Cumming Reduces Winn-Dixie Stores, Inc., Sells Eastman Chemical Co., Washington Group International Inc.

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Aug 11, 2007
Ian Cumming is the Chairman of Luceudia Corp., he and President Joseph Steinberg has been managing the company since the company was founded 30 years ago. This team has achieved an average return on equity 20.8% during the past 29 years, which is only slightly lower than Berkshire ’s 21.4%. Ian Cumming owns 8 stocks with a total value of $50 million. These are the details of his buys and sells.


Ian Cumming sells Eastman Chemical Co., Washington Group International Inc. during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, Leucedia National (LUK).


Reduced Positions: WINN,


Sold Out: EMN, WNG,





Reduced: Winn-dixie Stores, Inc. (WINN, Financial)


Ian Cumming reduced to his holdings in Food Retailers & Wholesalers company Winn-dixie Stores, Inc. by 50.26%. His sale prices were between $18 and $32.11, with an estimated average price of $22.6. The impact to his portfolio due to this sale was 0.81%. Ian Cumming still held 20,756 shares as of 06/30/2007.


Winn-Dixie Stores, Inc. operates as a food retailer in the southeastern United States. The company operates its stores under the banners æ…¦inn-Dixie' and æ…¦inn-Dixie Marketplace'. WINN-DIXIE STORES, INC. has a market cap of $1.34 billion, its shares were traded at around $24.89 with with P/E ratio of 10.62 and P/S ratio of 0.19.


Sold Out: Eastman Chemical Co. (EMN, Financial)


Ian Cumming sold out his holdings in Specialty Chemicals company Eastman Chemical Co.. His sale prices were between $63.45 and $68.94, with an estimated average price of $65.4. The impact to his portfolio due to this sale was less than 0.01%.


Eastman Chemical Company engages in the manufacture and sale of various chemicals, plastics, and fibers primarily in the United States. It operates through five segments: Coatings, Adhesives, Specialty Polymers, and Inks; Fibers; etc. Eastman Chemical Co. has a market cap of $5.68 billion, its shares were traded at around $67.7 with with P/E ratio of 15.38 and P/S ratio of 0.74.