AllianceBernstein Bearish on These Stocks in Q3: ALU, SHPGY, STM, BBD, TOT

Wall St. Watchdog reveals information regarding significant reduction in shares for AllianceBernstein’s holdings on the quarter ending September 30th, 2011. The firm is bearish on these stocks:

  • Alcatel-Lucent (NYSE:ALU): On 06/30/2011, AllianceBernstein reported holding 4,222,209 shares. On 09/30/2011, AllianceBernstein reported holding 2,014 shares. The net reduction in shares for this position is 4,220,195 or 99.95%. About Company: Alcatel-Lucent manufactures telecommunications equipment, and offers telecommunications services. The Company’s telecommunications equipment and services enable its customers to send or receive virtually any type of voice or data transmission. Alcatel-Lucent designs and builds public and private networks, communications systems and software, and data networking systems.
  • Shire PLC (NASDAQ:SHPGY): On 06/30/2011, AllianceBernstein reported holding 41,886 shares. On 09/30/2011, AllianceBernstein reported holding 209 shares. The net reduction in shares for this position is 41,677 or 99.5%. About Company: Shire PLC markets, licenses and develops prescription medicines. The Group focuses its operations on attention deficit and hyperactivity disorders, human genetic therapies, gastrointestinal, and renal diseases.
  • Stmicroelectronics NV (NYSE:STM): On 06/30/2011, AllianceBernstein reported holding 4,200 shares. On 09/30/2011, AllianceBernstein reported holding 22 shares. The net reduction in shares for this position is 4,178 or 99.48%. About Company: STMicroelectronics N.V. designs, develops, manufactures, and markets semiconductor integrated circuits and discrete devices. The Company’s products are used in the telecommunications, consumer electronics, automotive, computer, and industrial sectors. Geographically, customers are located in North America, Europe, and the Asia/Pacific region.
  • Banco Bradesco S.A. (NYSE:BBD): On 06/30/2011, AllianceBernstein reported holding 1,425 shares. On 09/30/2011, AllianceBernstein reported holding 11 shares. The net reduction in shares for this position is 1,414 or 99.23%. About Company: Banco Bradesco S.A. attracts deposits and offers commercial banking services. The Bank offers business loans, personal credit, mortgages, lease financing, mutual funds, securities brokerage, and Internet banking services. Bradesco operates in Brazil and Argentina, the United States, the Cayman Islands, and the United Kingdom. Bradesco offers credit cards, insurance, and pension funds.
  • Total SA (NYSE:TOT): On 06/30/2011, AllianceBernstein reported holding 103,050 shares. On 09/30/2011, AllianceBernstein reported holding 803 shares. The net reduction in shares for this position is 102,247 or 99.22%. About Company: Total SA explores for, produces, refines, transports, and markets oil and natural gas. The Company also operates a chemical division which produces polypropylene, polyethylene, polystyrene, rubber, paint, ink, adhesives, and resins. Total operates gasoline filling stations in Europe, the United States, and Africa.

(Note: Data regarding AllianceBernstein’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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