Goldman Sachs Group is Bearish on These Stocks in Latest Report

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

  • Horizon Lines Inc. (HRZL.PK): On 06/30/2011, Goldman Sachs Group reported holding 11,102,000 shares. On 09/30/2011, Goldman Sachs Group reported holding 67,000 shares. The net reduction in shares for this position is 11,035,000 or 99.4%.
  • Horizon Lines Inc. (NYSE:HRZ): On 06/30/2011, Goldman Sachs Group reported holding 11,102,000 shares. On 09/30/2011, Goldman Sachs Group reported holding 67,000 shares. The net reduction in shares for this position is 11,035,000 or 99.4%. About Company: Horizon Lines Inc. provides container shipping and logistics services. The Company also provides inland cargo trucking and logistics. Horizon Lines also provides domestic US maritime services under the Jones Act of 1920.
  • Bj’s Wholesale Club Inc. (NYSE:BJ): On 06/30/2011, Goldman Sachs Group reported holding 130,800 shares. On 09/30/2011, Goldman Sachs Group reported holding 800 shares. The net reduction in shares for this position is 130,000 or 99.39%. About Company: BJ’s Wholesale Club, Inc. operates a wholesale club chain in the eastern United States. The Company offers its members a wide range of merchandise, including grocery items and general merchandise. BJ’s also offers a number of specialty services such as travel services, a muffler and brake service, fast food service, and one-hour photo service.
  • Navistar International Corp. (NYSE:NAV): On 06/30/2011, Goldman Sachs Group reported holding 2,994,000 shares. On 09/30/2011, Goldman Sachs Group reported holding 22,000 shares. The net reduction in shares for this position is 2,972,000 or 99.27%. About Company: Navistar International Corporation manufactures and markets medium and heavy trucks, school buses, mid-range diesel engines, and service parts. The Company also provides financial services to its dealers and customers.
  • Kinetic Concepts Inc. (NYSE:KCI): On 06/30/2011, Goldman Sachs Group reported holding 3,034,393 shares. On 09/30/2011, Goldman Sachs Group reported holding 34,702 shares. The net reduction in shares for this position is 2,999,691 or 98.86%. About Company: Kinetic Concepts, Inc. designs, manufactures, markets, and services products that accelerate the healing process or prevent complications of wounds. The Company’s products include specialty hospital beds, and mattress replacements.

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

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