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WEEKLY CFO SELLS HIGHLIGHT

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Weekly CFO sells Highlight



According to GuruFocus Insider Data, the largest CFO sells during the past week were: IDEX Corp., Arris Group Inc., CORNING Inc, TIFFANY & CO., JDS Uniphase Corp., SS&C Technologies Holdings Inc., and QUEST Diagnostics Inc.

IDEX Corp. (IEX): VP and CFO Dominic A Romeo Sold 187,020 Shares



VP and CFO of IDEX Corp. (IEX) Dominic A Romeo sold 187,020 shares on 02/09/2011 at an average price of $41.19. IDEX CORP. designs, manufactures and markets a broad range of fluid handling and industrial products serving a diverse customer base in the United States and, internationally. Idex Corp. has a market cap of $3.45 billion; its shares were traded at around $42.18 with a P/E ratio of 21.09 and P/S ratio of 2.28. The dividend yield of Idex Corp. stocks is 1.42%. Idex Corp. had an annual average earning growth of 8.1% over the past 10 years.

IDEX Corp. recently released its fourth quarter 2010 results. During this quarter the company reported EPS of $0.54, an increase of %18 from its prior year quarter. The company also reported an %14 increase in sales this year compared to the last.

Hedge Fund Gurus that owns IEX: Jim Simons of Renaissance Technologies LLC. Mutual Fund and Other Gurus that owns IEX: John Rogers of ARIEL CAPITAL MANAGEMENT LLC, First Pacific Advisors of First Pacific Advisors, LLC, Mario Gabelli of GAMCO Investors, Chuck Royce of Royce& Associates, John Keeley of Keeley Fund Management, Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc.

Sell: VP and CFO Dominic A Romeo sold 187,020 shares of IEX stock on 02/09/2011 at the average price of 41.19. Dominic A Romeo owns at least 20,765 shares after this. The price of the stock has increased by 2.4% since.

Arris Group Inc (ARRS): CFO/Executive Vice President David Potts Sold 149,390 Shares



CFO/Executive Vice President of Arris Group Inc (ARRS) David Potts sold 149,390 shares on 02/10/2011 at an average price of $14.08. Arris Group, Inc. is an international communications technology company serving the broadband information transport industries. Arris Group Inc has a market cap of $1.69 billion; its shares were traded at around $13.71 with a P/E ratio of 19.31 and P/S ratio of 1.56. Arris Group Inc had an annual average earning growth of 46.2% over the past 5 years.

Arris group Inc recently reported its fourth quarter 2010 and full year results. The company reported revenues of $266.2 million compared to $300 million prior year quarter. EPS for this quarter was $0.19 (Non-GAAP), this is a decrease from the $0.32 prior year quarter.

Hedge Fund Gurus that owns ARRS: Steven Cohen of SAC Capital Advisors, Jim Simons of Renaissance Technologies LLC, Jim Simons of Renaissance Technologies LLC, George Soros of Soros Fund Management LLC. Mutual Fund and Other Gurus that owns ARRS: Robert Rodriguez of FPA Capital, HOTCHKIS & WILEY of Hotchkis & Wliey Capital Management LLC, David Dreman of Dreman Value Management, Chuck Royce of Royce& Associates, PRIMECAP Management.

Sell: Chairman & CEO Robert J Stanzione sold 265,000 shares of ARRS stock on 02/11/2011 at the average price of 13.67. CFO/Executive Vice President David Potts sold 149,390 shares of ARRS stock on 02/10/2011 at the average price of 14.08. President, Adv Tech & Services James Lakin also sold shares of ARRS stock.

CORNING Inc. (GLW): VICE CHAIRMAN & CFO James B Flaws Sold 130,333 Shares



VICE CHAIRMAN & CFO of CORNING Inc. (GLW) James B Flaws sold 130,333 shares on 02/07/2011 at an average price of $22.63. Corning Incorporated creates leading-edge technologies for the fastest-growing markets of the world's economy. Corning Inc. has a market cap of $34.95 billion; its shares were traded at around $22.36 with a P/E ratio of 10.8 and P/S ratio of 5.27. The dividend yield of Corning Inc. stocks is 0.89%. Corning Inc. had an annual average earning growth of 1.8% over the past 5 years.

CORNING Inc. recently released its fourth quarter 2010 earnings. During this quarter, sales went up %15 y-o-y to $1.77 billion. EPS were $0.66, and increase of %5 from prior year quarter. The company has seen increased sales in all of its segments during this year.

Hedge Fund Gurus that owns GLW: Lee Ainslie of Maverick Capital, Steven Cohen of SAC Capital Advisors, Bruce Kovner of Caxton Associates, Kenneth Fisher of Fisher Asset Management, LLC, George Soros of Soros Fund Management LLC. Mutual Fund and Other Gurus that owns GLW: Mark Hillman of Hillman Capital Management, Ronald Muhlenkamp of Muhlenkamp Fund, Bill Frels of Mairs & Power Inc. , PRIMECAP Management, Donald Yacktman of Yacktman Asset Management Co., David Williams of Columbia Value and Restructuring Fund, John Buckingham of Al Frank Asset Management, Inc., Mario Gabelli of GAMCO Investors, Charles Brandes of Brandes Investment, James Barrow of Barrow, Hanley, Mewhinney & Strauss, Jeremy Grantham of GMO LLC, David Dreman of Dreman Value Management, Pioneer Investments, Chuck Royce of Royce& Associates, Dodge & Cox, Jean-Marie Eveillard of First Eagle Investment Management, LLC.

Sell: Chairman, CEO & President Wendell P Weeks sold 193,333 shares of GLW stock on 02/11/2011 at the average price of 22.3. VICE CHAIRMAN & CFO James B Flaws sold 130,333 shares of GLW stock on 02/07/2011 at the average price of 22.63. James B Flaws owns at least 226,034 shares after this. The price of the stock has decreased by 1.19% since. Retired Pres., COO, Director Peter F Volanakis and EXECUTIVE VICE PRESIDENT Joseph A Miller both sold shares of GLW stock early Febuary.

TIFFANY & CO. (TIF): EXEC. VICE PRESIDENT AND CFO James N Fernandez Sold 126,000 Shares



EXEC. VICE PRESIDENT AND CFO of TIFFANY & CO. (TIF) James N Fernandez sold 126,000 shares on 02/07/2011 at an average price of $62.48. Tiffany & Co. operates jewelry and specialty retail stores and manufactures products through its subsidiary corporations. Tiffany & Co. has a market cap of $8.15 billion; its shares were traded at around $64.45 with a P/E ratio of 24.98 and P/S ratio of 3.01. The dividend yield of Tiffany & Co. stocks is 1.55%. Tiffany & Co. had an annual average earning growth of 6.1% over the past 10 years. GuruFocus rated Tiffany & Co. the business predictability rank of 3.5-star.

TIFFANY & CO. has released its results for its third quarter 2010, which ended October, 31. During this quarter, the company reported a world wide increase of %14 in sales, to a total of $681.7 million. Net earnings of the company increased to $55.1 million compared to $43.3 million prior year quarter. The company has seen increased sales in the Asia-Pacific, Japan, and Europe areas.

Hedge Fund Gurus that owns TIF: Kenneth Fisher of Fisher Asset Management, LLC, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns TIF: John Rogers of ARIEL CAPITAL MANAGEMENT LLC, Brian Rogers of T Rowe Price Equity Income Fund, Ron Baron of Baron Funds, Chuck Royce of Royce& Associates, RS Investment Management, Mario Gabelli of GAMCO Investors, Jeremy Grantham of GMO LLC.

Sell: CHAIRMAN AND CEO Michael Joseph Kowalski sold 150,000 shares of TIF stock on 02/02/2011 at the average price of 58.27. EXEC. VICE PRESIDENT AND CFO James N Fernandez sold 126,000 shares of TIF stock on 02/07/2011 at the average price of 62.48. James N Fernandez owns at least 44,433 shares after this. The price of the stock has increased by 3.15% since.

JDS Uniphase Corp. (JDSU): CFO David Vellequette Sold 122,890 Shares



CFO of JDS Uniphase Corp. (JDSU) David Vellequette sold 122,890 shares on 02/08/2011 at an average price of $22.11. JDSU enables broadband and optical innovation in the communications, commercial and consumer markets. Jds Uniphase Corp. has a market cap of $6.15 billion; its shares were traded at around $28.16 with a P/E ratio of 51.2 and P/S ratio of 4.51.

JDS Uniphase Corp. recently released its second quarter 2011 results. For this quarter the company reported net revenue of $473.5 million and net income of $23.6 million, which is compared to net revenue of $342.9 million and net loss of $19.5 million prior year quarter. This is on a GAAP basis.

Hedge Fund Gurus that owns JDSU: Paul Tudor Jones of The Tudor Group, Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors, George Soros of Soros Fund Management LLC. Mutual Fund and Other Gurus that owns JDSU: RS Investment Management, Jeremy Grantham of GMO LLC, Jeremy Grantham of GMO LLC.

Sell: CFO David Vellequette sold 122,890 shares of JDSU stock on 02/08/2011 at the average price of 22.11. David Vellequette owns at least 73,402 shares after this. The price of the stock has increased by 27.36% since.

SS&C Technologies Holdings Inc. (SSNC): SVP and CFO Patrick J Pedonti Sold 110,000 Shares



SVP and CFO of SS&C Technologies Holdings Inc. (SSNC) Patrick J Pedonti sold 110,000 shares on 02/09/2011 at an average price of $16.9. SS&C Technologies Holdings, Inc. delivers investment and financial management software and related services focused exclusively on the financial services industry. Ss&c Technologies Holdings Inc. has a market cap of $1.37 billion; its shares were traded at around $18.92 .

Mutual Fund and Other Gurus that owns SSNC: Ron Baron of Baron Funds, Pioneer Investments.

Sell: Chairman of the Board & CEO, 10% Owner William C Stone sold 519,900 shares of SSNC stock on 02/09/2011 at the average price of 16.9. SVP and CFO Patrick J Pedonti sold 110,000 shares of SSNC stock on 02/09/2011 at the average price of 16.9. 10% Owner Holdings Llc Tcg sold 8,000,000 shares of SSNC stock on 02/09/2011 at the average price of 17.6. President and COO Normand A Boulanger also sold shares of SSNC stock.

QUEST DIAGNOSTICS INC. (DGX): SVP & CFO Robert Hagemann Sold 99,287 Shares



SVP & CFO of QUEST DIAGNOSTICS INC. (DGX) Robert Hagemann sold 99,287 shares on 02/07/2011 at an average price of $58.92. Quest Diagnostics Inc., is the provider of diagnostic testing, information and services that patients and doctors need to make better healthcare decisions. Quest Diagnostics Inc. has a market cap of $9.77 billion; its shares were traded at around $57.49 with a P/E ratio of 14.41 and P/S ratio of 1.33. The dividend yield of Quest Diagnostics Inc. stocks is 0.7%. Quest Diagnostics Inc. had an annual average earning growth of 13.2% over the past 10 years. GuruFocus rated Quest Diagnostics Inc. the business predictability rank of 4.5-star.

Quest Diagnostics Inc. recently released its fourth quarter 2010 results. Income from operations was $167million compared to $182 million prior year quarter.

Hedge Fund Gurus that owns DGX: Bruce Kovner of Caxton Associates, Larry Robbins of Glenview Capital, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns DGX: Edward Owens of Vanguard Health Care Fund, Diamond Hill Capital of Diamond Hill Capital Management Inc, James Barrow of Barrow, Hanley, Mewhinney & Strauss, Robert Olstein of Olstein Financial Alert Fund, John Hussman of Hussman Economtrics Advisors, Inc., Jeremy Grantham of GMO LLC, Jeff Auxier of Auxier Focus Fund, Jeremy Grantham of GMO LLC, Murray Stahl of Horizon Asset Management.

Sell: Chairman, President & CEO Surya N Mohapatra sold 152,000 shares of DGX stock on 02/09/2011 at the average price of 57.53. SVP & CFO Robert Hagemann sold 99,287 shares of DGX stock on 02/07/2011 at the average price of 58.92.

For the complete list of stocks that Sold by their CFOs, go to: Insider Buys.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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