The reason I am highlighting SEI Investment as one of the two in the portfolio today because of its buyback. This year, SEI has purchased 6,455,400 shares totaling $183.9 million. Last night after the close, the board announced it has approved an additional $100 million to the stock buyback plan. Therefore, this company is approximately buying $15 to $30 million worth of its own shares monthly. SEI Investments (SEIC) is a leading provider of outsourced asset management to leading financial institutions and wealth managers. In essence, asset managers outsource work to SEI to assist with the daily work that goes on behind the scenes when running a fund. Some of the services SEI provides are portfolio accounting, order management, performance measurement, marketing, distribution, administration and compliance services.

During the third quarter, Chubb repurchased 10,193,239 shares of its common stock at a total cost of $519 million. As of September 30, 2007, there were 7,926,122 shares of common stock available for repurchase under the current authorization reports StreetInsider. During the first nine months, Chubb repurchased 31,919,816 shares of its common stock at a total cost of $1.7 billion.

The Company repurchased 352,700 shares of its stock in the third quarter for approximately $4.6 million, at an average price of $12.98 per share. Approximately 700,000 shares were repurchased during 2007 at an average price of $12.70. CTS Corporation (NCTS) reported Q3 EPS of $0.20, 1 cent lower than the analyst consensus of $0.21. Revenues for the quarter were $174.8 million, versus the consensus of $173.17 million. CTS Corp. designs, manufactures, assembles and sells a line of electronic components and sensors.

Altera repurchased 10.8 million shares of its common stock during the quarter at a cost of $255 million. As of the end of the third quarter, Altera has, year to date, repurchased 32 million shares at a cost of $717 million. Repurchases in 2007 are part of a previously announced plan to repurchase up to $1.5 billion of the company's common stock through 2007 and the first half of 2008. Altera ended the quarter with $1.2 billion in cash and investments.

Integrated Silicon board authorizes $30 million share repurchase program

Headwaters announced plans to buy back up to $15 million of its stock. Based on Headwaters' Friday closing stock price of $13.91, the buyback represents about 1.1 million, or 2.5 percent, of the company's 42.4 million outstanding shares. Headwater sells building materials and coal combustion products,