Synovus Financial Lowers Share Stake in These Companies in Fund Filing

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

  • Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT): On 06/30/2011, Synovus Financial reported holding 113,363 shares. On 09/30/2011, Synovus Financial reported holding 38 shares. The net reduction in shares for this position is 113,325 or 99.97%. About Company: Starwood Hotels & Resorts Worldwide, Inc. owns, manages, and franchises luxury and upscale hotels throughout the world. The Company also develops and operates vacation interval ownership resorts.
  • Cb Richard Ellis Group Inc. (NYSE:CBG): On 06/30/2011, Synovus Financial reported holding 157,075 shares. On 09/30/2011, Synovus Financial reported holding 275 shares. The net reduction in shares for this position is 156,800 or 99.82%. About Company: CB Richard Ellis Group, Inc. is a global commercial real estate services firm. The Company offers a range of services to occupiers, owners, lenders, and investors in office, retail, industrial, multi-family, and other commercial real estate assets. CB Richard Ellis offer services such as advice and execution assistance for property leasing and sales, forecasting, and valuations.
  • Gap Inc. (NYSE:GPS): On 06/30/2011, Synovus Financial reported holding 154,511 shares. On 09/30/2011, Synovus Financial reported holding 396 shares. The net reduction in shares for this position is 154,115 or 99.74%. About Company: The Gap, Inc., is an international specialty retailer operating retail and outlet stores. The Company sells casual apparel, accessories and personal care products for men, women, and children. The Gap operates stores in the United States, Canada, the United Kingdom, France, Ireland, and Japan.
  • Jds Uniphase Corporation (NASDAQ:JDSU): On 06/30/2011, Synovus Financial reported holding 30,100 shares. On 09/30/2011, Synovus Financial reported holding 81 shares. The net reduction in shares for this position is 30,019 or 99.73%. About Company: JDS Uniphase Corporation provides communications test & measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers. The Company also provides optical solutions for medical/environmental instrumentation, semiconductor processing, display, brand authentication, aerospace and defense, and decorative applications.
  • Consol Energy Inc. (NYSE:CNX): On 06/30/2011, Synovus Financial reported holding 125,630 shares. On 09/30/2011, Synovus Financial reported holding 350 shares. The net reduction in shares for this position is 125,280 or 99.72%. About Company: CONSOL Energy Inc. produces high-BTU bituminous coal, and also coalbed methane gas. The Company primarily produces pipeline-quality coalbed methane gas from coal properties in the Northern and the Central Appalachian basin, other western basins, and oil and gas from properties in the Appalachian and Illinois Basins.

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

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