Loomis Sayles Bearish on These Stocks in 3rd Quarter

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

  • Alere Inc. (NYSE:ALR): On 06/30/2011, Loomis Sayles reported holding 2,532,729 shares. On 09/30/2011, Loomis Sayles reported holding 40 shares. The net reduction in shares for this position is 2,532,689 or 100%. About Company: Alere, Inc. offers patient diagnosis, monitoring and health management services. The Company produces consumer and professional medical diagnostic products, and remotely monitors patients for pre-eclampsia, and patients who are prescribed Warfarin for atrial fibrillation.
  • Temple-inland Inc. (NYSE:TIN): On 06/30/2011, Loomis Sayles reported holding 941,226 shares. On 09/30/2011, Loomis Sayles reported holding 100 shares. The net reduction in shares for this position is 941,126 or 99.99%. About Company: Temple-Inland Inc. manufactures paper, corrugated packaging, and building products. Temple-Inland’s products include linerboard, lumber, particleboard, and fiberboard.
  • Foster Wheeler Ag (NASDAQ:FWLT): On 06/30/2011, Loomis Sayles reported holding 1,379,383 shares. On 09/30/2011, Loomis Sayles reported holding 2,564 shares. The net reduction in shares for this position is 1,376,819 or 99.81%. About Company: Foster Wheeler AG provides design, engineering, construction, manufacturing, project development and management, research, plant operations, and environmental services. The Company serves the petrochemical, petroleum and gas, pharmaceutical, chemical processing, and other industries. Foster Wheeler’s products include fired heaters and steam generating units.
  • Cobalt International Energy Inc. (NYSE:CIE): On 06/30/2011, Loomis Sayles reported holding 1,156,771 shares. On 09/30/2011, Loomis Sayles reported holding 7,834 shares. The net reduction in shares for this position is 1,148,937 or 99.32%. About Company: Cobalt International Energy, Inc. is an oil-focused exploration and production company. The Company explores for oil in the deep offshore waters of the U.S. Gulf of Mexico and West Africa, with an emphasis on sub-salt and pre-salt exploration, development, and production.
  • Dresser-rand Group Inc. (NYSE:DRC): On 06/30/2011, Loomis Sayles reported holding 626,749 shares. On 09/30/2011, Loomis Sayles reported holding 6,545 shares. The net reduction in shares for this position is 620,204 or 98.96%. About Company: Dresser-Rand Group, Inc. manufactures equipment for the oil and natural gas industries. The Company manufactures oil and gas production, high-pressure field injection, pipeline, refinery, natural gas processing, and petrochemical production equipment.

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

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