JPMorgan Chase Sells Shares of These Companies in Latest Quarter

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

  • Family Dollar Stores Inc. (NYSE:FDO): On 06/30/2011, JPMorgan Chase Co reported holding 175,900 shares. On 09/30/2011, JPMorgan Chase Co reported holding 200 shares. The net reduction in shares for this position is 175,700 or 99.89%. About Company: Family Dollar Stores, Inc. is a national discount store chain. The Company operates stores located throughout the United States that offer merchandise that includes consumables, home products, apparel and accessories, seasonal and electronics.
  • Valero Energy Corp. (NYSE:VLO): On 06/30/2011, JPMorgan Chase Co reported holding 76,100 shares. On 09/30/2011, JPMorgan Chase Co reported holding 200 shares. The net reduction in shares for this position is 75,900 or 99.74%. About Company: Valero Energy Corporation is an independent petroleum refining and marketing company that owns and operates refineries in the United States, Canada, and Aruba. The Company produces conventional gasolines, distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products as well as diesel fuel, low-sulfur and ultra-low-sulfur diesel fuel, and oxygenates.
  • Paychex Inc. (NASDAQ:PAYX): On 06/30/2011, JPMorgan Chase Co reported holding 91,300 shares. On 09/30/2011, JPMorgan Chase Co reported holding 300 shares. The net reduction in shares for this position is 91,000 or 99.67%. About Company: Paychex, Inc. provides comprehensive payroll and integrated human resource and employee benefits outsourcing solutions for small- to medium-sized businesses in the United States. The Company’s services range from calculating payroll and filing tax payments to administering retirement plans and workers’ compensation.
  • Electronic Arts Inc. (NASDAQ:ERTS): On 06/30/2011, JPMorgan Chase Co reported holding 795,100 shares. On 09/30/2011, JPMorgan Chase Co reported holding 7,300 shares. The net reduction in shares for this position is 787,800 or 99.08%. About Company: Electronic Arts Inc. develops, publishes, and distributes branded interactive entertainment software worldwide for video game consoles, personal computers, handheld game players, and cellular handsets. The Company also provides online game-related services.
  • Ch Robinson Worldwide Inc. (NASDAQ:CHRW): On 06/30/2011, JPMorgan Chase Co reported holding 106,100 shares. On 09/30/2011, JPMorgan Chase Co reported holding 1,000 shares. The net reduction in shares for this position is 105,100 or 99.06%. About Company: C.H. Robinson Worldwide, Inc. provides multimodal transportation services and logistics solutions. The Company operates a network of offices in North America, Europe, Asia, South America, and the Middle East. C.H. Robinson provides a variety of logistics services, such as fresh produce sourcing and freight consolidation.

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

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