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FMR slashes stake to less than 1% in Massey Energy
By E. Janene Geiss
Philadelphia, Nov. 10 - FMR LLC decreased its investment to 0.767% in Massey Energy Co. as of Nov. 7, according to an SC 13G/A filing with the Securities and Exchange Commission.
That represents a passive stake of 649,013 shares.
Those holdings are down from the passive stake of 6.211%, or 5,252,332 shares, that FMR reported on Oct. 9, according to a SC 13G/A filing.
The company reported holdings of 12.023%, or 9,573,141 shares, on Feb. 13, and 11.259%, or 9,053,100 shares, on Feb. 13, according to another SC 13G/A filing.
On Jan. 10, 2007, FMR reported holdings of 11.259%, or 9,053,100 shares.
Massey Energy is a coal producer based in Richmond, Va.
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