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Weekly CFO Buys Highlight: Cott Corp., T3 Energy Services, Brandywine Realty Trust, CRM Holdings, Coldwater Creek, StarTek, Owens Corning.

According to GuruFocus Insider Data, the largest CFO buys during the past week were Cott Corp., T3 Energy Services Inc., Brandywine Realty Trust, CRM Holdings Ltd., Coldwater Creek Inc., StarTek Inc., and Owens Corning.

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

Cott Corp. (COT): CFO Juan R Figuereo Bought 200,000 Shares

CFO of Cott Corp. (COT) Juan R Figuereo bought 200,000 shares during the past week at an average price of $0.75. Cott Corporation is one of the world's largest non-alcoholic beverage companies and the world's largest retailer brand soft drink provider. The Company commercializes its business in over Sixty countries worldwide with its principal markets being the United States Canada the United Kingdom and Mexico. Cott markets or supplies over two hundred retailer and licensed brands and Company-owned brands including Cott RC Vintage Vess and So Clear. Its products include carbonated soft drinks sparkling and flavored waters energy drinks sports drinks juices juice drinks and smoothies ready-to-drink teas and other non-carbonated beverages. Cott Corp. has a market cap of $65.3 million; its shares were traded at around $0.91.

Cott Corp. recently reported fiscal results for its fourth quarter 2008 ended December 27, 2008. The company announced its total revenues of $371.4 million and a net loss of $13.2 per diluted share. This is compared to the fourth quarter last year which included total revenues of $413.2 million and a net loss of $75.1 per diluted share. "We are glad to put 2008 behind us," commented David Gibbons, Cott's Chairman. "We are now starting to see the positive results of our efforts to refocus on our private label customers in North America, the engine of our business. I believe we are healthier today than we have been in the recent past.”

COT is in the portfolios of Charles Brandes of Brandes Investment, PRIMECAP Management, Jean-Marie Eveillard of Arnhold & S. Bleichroeder Advisers, LLC.

Buy: CEO Jeremy S G Fowden bought 93,632 shares of COT stock on 03/20/2009 at the average price of $0.92 and 15,076 shares of COT stock on 03/25/2009 at the average price of $0.97; the price of the stock has decreased by 6.19% since. Buy: Director Gregory R Monahan bought 547,400 shares of COT stock on 03/19/2009 at the average price of $0.79; the price of the stock has increased by 15.19% since. Buy: Director Eric Rosenfeld bought 547,400 shares of COT stock on 03/19/2009 at the average price of $0.79; the price of the stock has increased by 15.19% since. Buy: Director David T Gibbons bought 50,000 shares of COT stock on 03/11/2009 at the average price of $0.68, 50,000 shares of COT stock on 03/12/2009 at the average price of $0.72, and 50,000 shares of COT stock on 03/13/2009 at the average price of $0.77; the price of the stock has increased by 18.18% since.

T3 Energy Services Inc. (TTES): SVP & CFO James M Mitchell Bought 20,000 Shares

SVP & CFO of T3 Energy Services Inc. (TTES) James M Mitchell bought 20,000 shares on 03/26/2009 at an average price of $11.06. T-3 Energy Services Inc. is a consolidator of high-end equipment repair and specialty machining operations focused in the Gulf of Mexico. T-3 currently competes in three distinct business lines: the repair and refurbishment of production valves and drilling equipment primarily blow-out preventers; flow control equipment manufacturing primarily consisting of control valves pressure safety valves and a proprietary line of production chokes; and the repair and refurbishment of electric motors to drilling contractors petrochemical plants and refineries. T3 Energy Services Inc. has a market cap of $153.1 million; its shares were traded at around $12.5 with a P/E ratio of 4.8 and P/S ratio of 0.4. T3 Energy Services Inc had an annual average earning growth of 54.3% over the past 5 years.

T3 Energy Services Inc. recently reported fiscal results for its fourth quarter of 2008, ended December 31,2008. Net loss from continuing operations was of $8.7 million. By comparison, net income was $8.5 for the fourth quarter of 2007. Revenues for the fourth quarter of 2008 increased 22% to $78.6 million from $64.4 million for the same period in 2007. Gus D. Halas, T-3 Energy's Chairman, President and Chief Executive Officer commented: "I want to commend our employees for strong execution during 2008, where we achieved record revenues and, excluding the goodwill impairment charge, income from continuing operations, continued building our global brand recognition and exited the year with our highest ever year-end backlog. While 2008 was operationally a very good year for T-3 Energy Services, 2009 will present many challenges due to macroeconomic conditions and decreased customer spending. The management team has performed well in the past and is now ready to face new challenges. We must and will continue to reduce our material and overhead costs, expand our sales footprint and continue to provide exemplary customer service."

Buy: Chairman, President & CEO Steven W Krablin bought 5,000 shares of TTES stock on 03/26/2009 at the average price of $11.15; the price of the stock has increased by 12.11% since. Buy: SVP & CFO James M Mitchell bought 20,000 shares of TTES stock on 03/26/2009 at the average price of $11.06; the price of the stock has increased by 13.02% since. Buy: Director Thomas R Jr Bates bought 10,000 shares of TTES stock on 03/26/2009 at the average price of $11.06; the price of the stock has increased by 13.02% since.

Brandywine Realty Trust (BDN): Executive Vice President & CFO Howard Sipzner Bought 20,000 Shares

Executive Vice President & CFO of Brandywine Realty Trust (BDN) Howard Sipzner bought 20,000 shares on 03/20/2009 at an average price of $2.55. Brandywine Realty Trust is a self-administered self-managed and fully integrated Real Estate Investment Trust active in acquiring developing redeveloping leasing and managing suburban office and industrial properties. The company's portfolio includes approximately 151 office properties and 28 industrial facilities. Certain of the Properties serve as flex facilities accommodating office use warehouse space and research and development activities. Brandywine Realty Trust has a market cap of $242.7 million; its shares were traded at around $2.74 with a P/E ratio of 1.1 and P/S ratio of 0.4. The dividend yield of Brandywine Realty Trust stocks is 43.9%. Brandywine Realty Trust had an annual average earning growth of 4.4% over the past 10 years.

Brandywine Realty Trust recently reported fiscal results for its fourth quarter 2008 ended December 31, 2008. The company announced its total revenues of $154 million and a net income of $14.7 million ($0.17 per diluted share). This is compared to the fourth quarter last year which included total revenues of $159 milion and a net income of $31.9 million ($0.37 per diluted share). “In this difficult economic environment, our asset quality, sub-market positioning and the depth of our operating team are driving core portfolio performance with outstanding retention rates, steady new leasing and continued rental rate growth along with diligent expense control and restrained capital expenditures,” stated Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust.

Buy: President and CEO Gerard H Sweeney bought 2,300 shares of BDN stock on 12/17/2008 at the average price of $6.54, 600 shares of BDN stock on 02/25/2009 at the average price of $5.28 ,6,100 shares of BDN stock on 03/05/2009 at the average price of $4.39, 2,600 shares of BDN stock on 03/16/2009 at the average price of $3.63, and 7,100 shares of BDN stock on 03/20/2009 at the average price of $2.78; the price of the stock has decreased by 1.44% since. Buy: Executive Vice President H Jeffrey Devuono bought 1,000 shares of BDN stock on 03/11/2009 at the average price of $3.58 and 1,000 shares of BDN stock on 03/20/2009 at the average price of $2.66; the price of the stock has increased by 3.01% since. Buy: General Counsel & Secretary Brad A Molotsky bought 150 shares of BDN stock on 03/20/2009 at the average price of $2.59; the price of the stock has increased by 5.79% since. Buy: Executive Vice President Robert K Wiberg bought 1,000 shares of BDN stock on 03/20/2009 at the average price of $2.71; the price of the stock has increased by 1.11% since. Buy: Director Donald E Axinn bought 2,000 shares of BDN stock on 03/12/2009 at the average price of $3.55; the price of the stock has decreased by 22.82% since.

CRM Holdings Ltd. (CRMH): Acting CEO and CFO James Scardino Bought 17,000 Shares

Acting CEO and CFO of CRM Holdings Ltd. (CRMH) James Scardino bought 17,000 shares on 03/24/2009 at an average price of $0.71. CRM Holdings Ltd. is a leading provider of fee-based management and other services for workers' compensation self-insured groups in New York and California. CRM has been in the business of forming and managing self-insured groups in New York the business was expanded into California. CRM provides self-insured groups with a comprehensive range of services including assistance in the formation of groups underwriting risk assessment safety and loss control services medical bill review and case management general management and recordkeeping regulatory compliance and in New York claims management services. CRM also acts as a broker by placing excess coverage insurance and any required surety bonds for the groups and reinsures a portion of this excess coverage through its subsidiary Twin Bridges. CRM Holdings Ltd. has a market cap of $8.4 million; its shares were traded at around $0.61 with and P/S ratio of 0.1.

CRM Holdings Ltd. recently reported fiscal results for its fourth quarter 2008 ended December 31, 2008. The company announced its total revenues of $143.2 million and a net loss of $6.2 million ($0.31 per diluted share). This is compared to the fourth quarter last year which included total revenues of $137 million and a net income of $4.7 million ($0.29 per diluted share). "The year of 2008 produced many challenges for the CRM business," said Daniel G. Hickey Jr., CEO of CRM Holdings, Ltd.

CRMH is in the portfolios of John Keeley of Keeley Fund Management.

Buy: Acting CEO and CFO James Scardino bought 17,000 shares of CRMH stock on 03/24/2009 at the average price of $0.71; the price of the stock has decreased by 14.08% since. Buy: 10% Owner Daniel G Jr Hickey bought 110,000 shares of CRMH stock on 03/24/2009 at the average price of $0.64; the price of the stock has decreased by 4.69% since. Buy: COO Chester Walczyk bought 16,500 shares of CRMH stock on 03/24/2009 at the average price of $0.62; the price of the stock has decreased by 1.61% since. Buy: Chief Marketing Officer Robert V Polansky bought 14,000 shares of CRMH stock on 03/24/2009 at the average price of $0.63; the price of the stock has decreased by 3.17% since. Buy: Advisors Llc Whitebox bought 1,200 shares of CRMH stock on 12/24/2008 at the average price of $1.6 and 16,500 shares of CRMH stock on 12/31/2008 at the average price of $1.48; the price of the stock has decreased by 58.78% since.

Coldwater Creek Inc. (CWTR): SVP and CFO Timothy O Martin Bought 11,261 Shares

SVP and CFO of Coldwater Creek Inc. (CWTR) Timothy O Martin bought 11,261 shares on 03/18/2009 at an average price of $2.24. Coldwater Creek Inc. is a specialty direct mail retailer of apparel gifts jewelry and home furnishings. The company markets itsmerchandise primarily through three distinct catalogs. Northcountry is the company's core catalog and features casual comfortable apparel hard-to-find jewelry distinctive artwork gifts and items for the home. The company's premium catalog for women Spirit of the West features fashionable upscale apparel and hard-to-find jewelry and accessories. The company also maintains an interactive Internet commerce web site. Coldwater Creek Inc. has a market cap of $228.7 million; its shares were traded at around $2.69 with and P/S ratio of 0.2.

Coldwater Creek Inc. recently reported fiscal results for its fourth quarter 2008 ended January 31, 2008. The company announced its total revenues of $283.2 million and a net loss of $18.6 million ($0.20 per diluted share). This is compared to the fourth quarter last year which included total revenues of $345.5 million and a net loss of $17.0 million ($0.19 per diluted share). Daniel Griesemer, president and chief executive officer of Coldwater Creek, said, "We are clearly not satisfied with our fourth quarter and full year sales and earnings results. While we successfully managed the controllable aspects of our business, including our expenses, inventory, and balance sheet, it was not enough to offset the overall macroeconomic environment, challenging traffic, and promotional nature of the holiday season.

CWTR is in the portfolios of Richard Snow of Snow Capital Management, L.P.

Buy: President and CEO Dan Griesemer bought 100,000 shares of CWTR stock on 03/09/2009 at the average price of $1.69; the price of the stock has increased by 59.17% since. Buy: Director Jim Alexander bought 15,000 shares of CWTR stock on 12/05/2008 at the average price of $2.28 and 15,000 shares of CWTR stock on 03/12/2009 at the average price of $1.81; the price of the stock has increased by 48.62% since.

StarTek Inc. (SRT): CFO, Treasurer, EVP David G Durham Bought 8,787 Shares

CFO, Treasurer, EVP of StarTek Inc. (SRT) David G Durham bought 8,787 shares during the past week at an average price of $3.75. StarTek Inc. is a global provider of process management services and owns and operates branded vertical market Internet web sites. Their process management service platforms include E-commerce support and fulfillment provisioning management for telecommunications systems high-end inbound technical support and an offering of supply chain management services. As an outsourcer of process management services as its core business StarTek allows its clients to focus on their primary business reduce overhead replace fixed costs with variable costs and reduce working capital needs. StarTek Inc. has a market cap of $52 million; its shares were traded at around $3.5 with and P/S ratio of 0.2.

StarTek Inc. recently reported fiscal results for its fourth quarter 2008 ended December 31, 2008. The company announced its total revenues of $73.5 billion and a net loss of $0.21 per diluted share. This is compared to the fourth quarter last year which included total a net income of $0.04 per diluted share. “We successfully launched four new sites and executed on our site optimization strategy in order to improve StarTek’s long-term profitability,” stated Larry Jones, President and CEO. “I am pleased with our progress on several key strategic initiatives and investments that will position the Company for sustained growth and profitability,” concluded Jones.

Buy: President and CEO, Director A Laurence Jones bought 4,000 shares of SRT stock on 10/31/2008 at the average price of $3; the price of the stock has increased by 16.67% since. Buy: Director Pamalyn Kay Norton bought 1,000 shares of SRT stock on 11/19/2008 at the average price of $3.48 and 1,000 shares of SRT stock on 03/10/2009 at the average price of $2.86; the price of the stock has increased by 22.38% since. Buy: SVP Business Development Mary Beth Loesch bought 2,000 shares of SRT stock on 11/14/2008 at the average price of $2.98; the price of the stock has increased by 17.45% since. Buy: Director Albert C Yates bought 3,000 shares of SRT stock on 11/07/2008 at the average price of $3.64; the price of the stock has decreased by 3.85% since.

Owens Corning (OC): Senior VP and CFO Duncan Palmer Bought 6,000 Shares

Senior VP and CFO of Owens Corning (OC) Duncan Palmer bought 6,000 shares on 03/20/2009 at an average price of $8.02. Owens Corning is a world leader in building materials systems and composite solutions. Owens Corning people redefine what is possible each day to deliver high-quality products and services ranging from insulation roofing siding and stone to glass composite materials used in transportation electronics telecommunications and other high-performance applications. Owens Corning has become a market-leading innovator of glass-fiber technology with sales. Owens Corning has a market cap of $1.25 billion; its shares were traded at around $9.85 with a P/E ratio of 8.4 and P/S ratio of 0.2.

Owens Corning recently reported fiscal results for its fourth quarter 2008 ended December 31, 2008. The company announced its total revenues of $1.29 billion. This is compared to the fourth quarter last year which included total revenues of $1.30. "The company demonstrated great progress in 2008. It's now evident that we have established a tremendous franchise in composites," said Mike Thaman, chairman and chief executive officer. "Our Roofing and Asphalt business emerged as a strong performer in our portfolio. Our Insulation business remained profitable despite the worst U.S. housing year on record. We managed cost and capacity effectively throughout the year. We concluded the year with solid results and a strong balance sheet.

Buy: Chairman, President and CEO Michael H Thaman bought 25,000 shares of OC stock on 03/13/2009 at the average price of $7.08; the price of the stock has increased by 39.12% since. Buy: Group Pres Composite Solutions Charles E Dana bought 4,000 shares of OC stock on 03/20/2009 at the average price of $8.46; the price of the stock has increased by 16.43% since. Buy: Group Pres., Bldg. Materials Karel K Czanderna bought 1,300 shares of OC stock on 03/18/2009 at the average price of $7.7; the price of the stock has increased by 27.92% since. Buy: Director Ann Iverson bought 3,000 shares of OC stock on 03/18/2009 at the average price of $7.35; the price of the stock has increased by 34.01% since. Buy: Sr. VP, Gen. Counsel & Secy Stephen K Krull bought 4,600 shares of OC stock on 03/16/2009 at the average price of $7.35; the price of the stock has increased by 34.01% since. Buy: Director Norman P Jr Blake bought 15,000 shares of OC stock on 03/11/2009 at the average price of $6.42; the price of the stock has increased by 53.43% since.

  • 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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Rating: 3.6/5 (5 votes)

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