There are some great deals in the market right now. While the panic of 2008 is just barely in most investors' minds anymore, some companies are still clinging to low prices because the market has forgotten about them. The companies we're about to discuss, however, are definitely not being sold for bargain-basement prices. The following is a warning list of some companies that may be great to watch but more »
In an amended 13G filing earlier this week, Ralph Whitworth of Relational Investors disclosed his firm had lowered its stake in Flowserve Corporation (NYSE: FLS) to 2.34 million shares, a decrease of over 30% from its 2Q stake of 3.09 million shares. Whitworth founded the firm in 1996 with the idea of investing in strategic blocks.
At the end of 2Q, Flowserve was Whitworth’s fifth largest position more »