Monday, November 9, 2009

11/9/09 Mon. pm Dow Closes at 10,226.94 up $203.52 or 2.03%

WE CAN ALSO BE FOUND AT WWW.DOWJONESMONITOR.COM

YOUR BLOGGER WILL BE IN SWITZERLAND FOR "THINK SWISS FINANCIAL STUDY TRIP" THE WEEK OF 11/9 - 11/13 so our regular aggregation will be modified somewhat. Today, Tuesday's Blog, is from Zurich where earlier today your primary blogger had the opportunity to share some of his thoughts about the Dow Jones 30 components with Swiss financial leaders courtesy of the Swiss Program "Presence Switzerland" a program of the Swiss Federal Dept. of Foreign Affairs, Mr. Jan Liechti Patel, General Secretariat.

The following is not intended as advertising by a broker-dealer and is not a research report.

Post #202 The following is brought to you by Intellivest Securities Research, Inc. Towards the end of this Blog is a list of the Dow 30 CEO's, a ranking of the Dow 30 by market capitalization as of close of 11/6/09 and an update of the Dow 30's most recent SEC filings as of 11/6/09.

The Dow Jones Industrial Average closed Tuesday at 10,226.94 up 203.52 or 2.03% from Monday's close of 10023.42. Of the 30 Dow Companies: 1 declined (Kraft) and 29 gained. The biggest gainer dollar-wise and percentage-wise was Caterpillar CAT $60 +2.40 4.17% 12,227,460 NYSE. The only decliner dollar-wise and, of course, percentage-wise was Kraft KFT $26.53 -0.25 0.93% 17,051,297 NYSE.

The current divisor for the Dow found at today's page C4 of The Wall St. Jrnl is .132319125 unchanged where it is also noted that as of market open Monday the Dow's trailing P/E ratio is 17.

Tuesday's Dow Jones Industrial Average closing numerator was 1353.12 up 26.83 from Monday's closing Dow numerator of 1326.29. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator increase of 26.83 for Tuesday by the divisor you get the increase in Tuesday's Dow close 203.52.

The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was 45.10 up 0.89 from Monday's Dow Jones Industrial Average closing price of $44.21. The median closing price of Tuesday's Dow Jones Industrial Average was $41.70 up $1.45 from Monday's Dow Jones median closing price of $40.25. The lowest volume Tuesday was United Technologies UTX $66.73 +1.66 2.55% 3,834,542 NYSE and the highest volume again was Bank of Am BAC BAC $15.77 +0.72 4.78% 169,708,018 $ NYSE.

If Tuesday morning before the market opened you had purchased $100 of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $2,670.
($135,300 - $132,630 )

Tuesday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./MarketT $26.34 0.41 1.58% 23,628,385 NYSE

T $26.34 +0.41 1.58% 23,630,385 NYSE
AA $13.34 +0.45 3.49% 20,761,441 NYSE
AXP $39.05 +1.84 4.94% 16,626,723 NYSE
BAC $15.77 +0.72 4.78% 169,708,018 NYSE
BA $51.35 +1.67 3.36% 4,443,085 NYSE
CAT $60 +2.40 4.17% 12,227,460 NYSE
CVX $77.66 +0.13 0.17% 13,741,359 NYSE
CSCO $23.99 +0.17 0.71% 46,818,066 NASDAQ-GS
KO $55.48 +0.99 1.82% 9,603,871 NYSE
DIS $29 +0.44 1.54% 12,642,878 NYSE
DD $34.61 +1.23 3.68% 6,878,408 NYSE
XOM $72.85 +0.27 0.37% 16,804,890 NYSE
GE $15.85 +0.52 3.39% 102,575,317 NYSE
HPQ $49.99 +0.83 1.69% 15,559,461 NYSE
HD $26.81 +0.73 2.8% 13,319,884 NYSE
INTC $19.46 +0.53 2.8% 51,151,920 NASDAQ-GS
IBM $126 +2.51 2.03% 7,744,088 NYSE
JPM $44.35 +0.87 2% 38,795,596 NYSE
JNJ $60.75 +0.45 0.75% 11,702,313 NYSE
KFT $26.53 -0.25 0.93% 17,051,297 NYSE
MCD $62.64 +0.92 1.49% 10,502,400 NYSE
MRK $33.43 +0.84 2.58% 29,172,804 NYSE
MSFT $28.99 +0.47 1.65% 57,316,305 NASDAQ-GS
PFE $17.43 +0.47 2.77% 46,038,172 NYSE
PG $61.85 +0.81 1.33% 14,307,662 NYSE
MMM $77.2 +1.79 2.37% 3,950,718 NYSE
TRV $53.6 +1.70 3.28% 7,785,832 NYSE
UTX $66.73 +1.66 2.55% 3,834,542 NYSE
VZ $30.17 +0.61 2.06% 19,159,046 NYSE
WMT $52 +0.75 1.46% 15,277,053 NYSE
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The following appeared in Mon. mornings' Blog:

A read of the 11/9/09 print editions of: The European edition of the Financial Times, International Herald Tribune, International Edition of USA Today, 11/9/09 issue of Investor's Business Daily, 11/7th-13th issue of The Economist & 11/9/09 issue of Barron's yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol and Friday's closing price and related data:

Dow: The Dow Jones Industrial Average closed Friday at 10023.42 up 17.46 or 0.17% from Thursday's close of 10000.6. Of the Dow 30 components: 14 declined, 2 were unchanged (Alcoa and DuPont) and 14 gained. The biggest gainer dollar-wise and percentage-wise was Travelers TRV $51.9 +1.26 2.49% 5,441,638 NYSE. The biggest decliner dollar-wise was American Express NYSE and percentage-wise was Home Depot HD $26.08 +0.45 1.76% 15,002,417 NYSE.

Fin Times p17 "US companies beating quarterly earnings forecasts at record rate" by Samantha Pearson says more leading US companies have beaten their 3Q earnings estimates than in any quarter for more than 15 years. But analysts say revenues are not rising as fast as profits, which could be a sign that Wll St. is heading for a double dip recession. In the S&P 500, 80% of firms have reported 3Q profits above forecast while 60 companies have yet to report.

The current divisor for the Dow found at Saturday's page B4 of The Wall St. Jrnl is .132319125 unchanged where it is also noted that as of market close on Friday the Dow's trailing P/E ratio is 17.38 up from Friday's 17.35 (year ago was nil), the P/E estimate is 15.57 down from Friday's 15.68 (1 year ago it was 10.50), and the dividend yield is 2.77 unchanged (a year ago it was 3.62).

AT&T T $25.93 -0.01 0.04% 18,649,086 NYSE: Int' Herald Tib. p18 "In the future, phones will be brilliant" by Bob Tedeschi says by now we can probably all agree that the iPhone (At&T's phone) is the Sputnik of the mobile technology realm. The mobile devices of late 2011 might physically resemble the smartphones of today, but they will be much more computer than phone. Call it a PC, but this time it'll be "pesonal" for real, since it will virtually never leave your person. The processing power of smartphones now is about on par with PCs of '07; powerful, for sure, but in a couple of years smarphones may will have enough computing power to enable much more sophisticated apps that truly take advantage of the device's portability.

Alcoa AA $12.89 unch unch 19,695,328 NYSE:

American Express AXP $37.21 -0.53 1.4% 11,915,922 NYSE: Int'l Hearld Trib p20 "Bankers poised to make a windfall on bonuses paid in stock" by Louise Story says even as Washington tries to rein in Wall St. pay, bankers will probably make unusually large gains on the stock grants and options they received after shares in the firms fell sharply during the financial meltdown. American Express gave grants to 12 exces that were worth $10.8 mil at time of grant but are now worth $66.1 mil at an average of $5.5 mil per exec. JPMMorgan gave grants worth $41.8 mil at time of grant that are now worth $147 mil at an average of $9.8 mil. Bank of America's top 12 exec's currently will average gains of $6.6 mil but this will increase to $17.3 mil per exec if BAC's stock value returns to its early '08 price. BAC, as a recipient of bailout money, has been required by the gov to defer a large amount of exec comp to later in the year.

Bank of America BAC
$15.05 -0.08 0.53% 151,083,653 NYSE: Int'l Herald Trib p20 "Bankers poised to make a windfall on bonuses paid in stock" by Louise Story says even as Washington tries to rein in Wall St. pay, bankers will probably make unusually large gains on the stock grants and options they received after shares in the firms fell sharply during the financial meltdown. American Express gave grants to 12 exces that were worth $10.8 mil at time for grant but are now worth $66.1 mil at an average of $5.5 mil per exec. JPMorgan gave grants worth $41.8 mil at time of grant that are now worth $147 mil at an average of $9.8 mil. Bank of America's to 12 exec's currently will average gains of $6.6 mil but this will increase to $17.3 mil per exec if BAC's stock value returns to its early '08 price. BAC, as a recipient of bailout money, has been required by the gov to defer a large amount of exec comp to later in the year.

Boeing BA
$49.68 -0.09 0.18% 3,133,058 NYSE: BRN's p 36 "L-3: Battle-Tested & Cheap" by Jay Palmer says defense stocks were a great defense play. Now that the market is rallying again,the group has fallen out of favor. Wall St. is worried about cuts in defense spending and uncertainty surrounding US military involvement in Afghanistan & Iraq. Def. Sec'y Robert Gates has threatened to cut Boeing's Future Combat Systems.

Caterpillar CAT $57.6 -0.39 0.67% 5,633,366 NYSE:

Chevron CVX $77.53 +0.29 0.38% 7,668,152 NYSE:

Cisco CSCO $23.82 -0.1101 0.46% 36,377,923 NASDAQ-GS: BRN's p29 "Take Heed: Cisco Sees Start of a Recovery" by Eric Savitz says 2 years ago on Nov. 7, '07 Cisco's CEO John Chambers sent shivers through the stock market, warning CSCO had seen signs of slowing demand fro the US enterprise sector. Now last week, Chambers made another dramatic declaration, this time asserting that the economic recovery clearly is improving as his company reported better than expected results for its fiscal first quarter posting revs of $9 bil and profit of 36 cents a share, beating estimates of $8.74 bil and 30 cents. Rev was down 12.7% but Cisco had predicted a drop of 15 to 17%.

Coca-Cola KO $54.49 +0.09 0.17% 5,323,120 NYSE:

Disney DIS
$28.56 -0.44 1.52% 11,535,342 NYSE: BRN's p 13 says Disney will report earnings on Thurs., 11/12/09.

DuPont DD $33.38 unch unch 4,855,870 NYSE:

ExxonMobil XOM $72.58 +0.08 0.11% 17,965,186 NYSE:

GE $15.33 +0.90 6.24% 162,251,967 NYSE: BRN's charts GE at pM4 saying Oppenheimer upgraded it to Outperform from Perform on signs of stabilization at its financial unit.

Hewlett-Packard HPQ $49.16 +0.31 0.63% 10,771,776 NYSE:

Home Depot HD $26.08 +0.45 1.76% 15,002,417 NYSE:

Intel INTC $18.93 +0.04 0.21% 43,801,036 NASDAQ-GS:

IBM $123.49 +0.39 0.32% 4,919,380 NYSE: IBD p1b "New IBM Consulting Unit Geared To Analytics Field" by J. Bonasia says IBM is betting big on analytics and Fred Balboni is leading the charge. Big Blue has just launched a consulting practice in conjunction with its business analytics and optimization products. Such software sorts through vast amounts of data to reveal unseen patterns that help firms make better decisions.

JP Morgan Chase JPM $43.48 -0.39 0.89% 26,734,727 NYSE: Fin Times p20 "JPMorgan looks to Asian potential" by Joe Leahy says JPMorgan's India branch is increasingly targeting intra-Asia regional business, particularly between India and China, in a reflection of the rapid growth of trade between the world's fastest growing large emerging markets. The move comes as JJPM beefs up its presence in India, one of its most important markets in Asia, with plans to introduce onshore private banking services in the coming year. JPorgan has weathered the economic crisis well in India with headcount at the bank remaining constant at about 500 people.

Fin Times p2 says JPmorgan AssetMgmt. has hired 3 senior portfolio manages from Foris Investments. Didier Lambert, Alain Defise, Michal Wozniak will manage emerging market fixed income portfolios.

Fin Times p13 "New breed of hedge mutuals grows apace" by Rebecca Knight says big brands, such as JPMorgan, have led the trend in converting hedge funds to mutuals.

Int'l Hearld Trib p20 "Bankers poised to make a windfall on bonuses paid in stock" by Louise Story says even as Washington tries to rein in Wall St. pay, bankers will probably make unusually large gains on the stock grants and options they received after shares in the firms fell sharply during the financial meltdown. American Express gave grants to 12 exces that were worth $10.8 mil at time of grant but are now worth $66.1 mil at an average of $5.5 mil per exec. JPMMorgan gave grants worth $41.8 mil at time of grant that are now worth $147 mil at an average of $9.8 mil. Bank of America's top 12 exec's currently will average gains of $6.6 mil but this will increase to $17.3 mil per exec if BAC's stock value returns to its early '08 price. BAC, as a recipient of bailout money, has been required by the gov to defer a large amount of exec comp to later in the year.

Johnson & Johnson JNJ $60.3 +0.32 0.53% 8,426,254 NYSE: IBD pA10 "Generic Drugs' New Frontier" by Marily Alva says generic drugs have grown up fast in the 25 years since the Hatch-Waxman Act helped launch the industry in the US. Today, they account for 70% of all prescriptions dispensed in America. As patents for blockbusters and other drugs expire, generic drug firms have stepped in with cheaper copies, ushering in an industry golden age. In the last decade alone generic drugs have save Americans $734 bil. Now the generic industry is upping the stakes. It's fighting for a share of the next frontier in medicine - biologic drugs, which unlike traditional chemical medicines, use proteins to modify the way genes acts. In '08 biologics garnered $60 bil in US sales.

Kraft KFT
$26.78 -0.25 0.92% 11,680,497 NYSE: Fin Times p17 "Cadbury expected to receive hostile bid" by Jenny Wiggins says the board of Cadbury, the UK good group, is preparing to meet today amid expectations that Kraft will go hostile with its takeover offer. Kraft is expected to stick close to the terms of its original $16+ bil offer. Its offer will either formalize its original proposal of cash and stock or increase it slightly. If Kraft formalizes its existing proposal, the value of the bid to Cadbury shareholders will be lower than when Kraft went public with the offer in early Sept. Cadbury's board received public support from institutional shareholders after chairman Roger Carr turned down Kraft's indicative offer in late Oct.

BRN's p 13 says Kraft will report earnings on Thurs., 11/12/09.

McDonald's MCD
$61.69 +0.21 0.34% 10,474,451 NYSE: Fin Times p28 "Corporate Diary" says McDonald's will provide trading and sales updates today, Monday, 11/9/09.

Merck MRK $32.59 -0.12 0.37% 19,732,415 NYSE: IBD pA10 "Generic Drugs' New Frontier" by Marily Alva says generic drugs have grown up fast in the 25 years since the Hatch-Waxman Act helped launch the industry in the US. Today, they account for 70% of all prescriptions dispensed in America. As patents for blockbusters and other drugs expire, generic drug firms have stepped in with cheaper copies, ushering in an industry golden age. In the last decade alone generic drugs have save Americans $734 bil. Now the generic industry is upping the stakes. It's fighting for a share of the next frontier in medicine - biologic drugs, which unlike traditional chemical medicines, use proteins to modify the way genes acts. In '08 biologics garnered $60 bil in US sales.

Microsoft MSFT
$28.52 +0.05 0.18% 38,326,643 NASDAQ-GS: BRN's p34 "Hot Time for Growth Investing" by Tom Sullivan says Microsoft is mildly priced for a tech, at 14 times forward earnings based on a price of 28 and change according to Howard Ward portfolio manager at the $552.2 mil GAMCO Growth Fund.

Pfizer PFE
$16.96 -0.06 0.35% 36,005,594 NYSE: IBD pA10 "Generic Drugs' New Frontier" by Marily Alva says generic drugs have grown up fast in the 25 years since the Hatch-Waxman Act helped launch the industry in the US. Today, they account for 70% of all prescriptions dispensed in America. As patents for blockbusters and other drugs expire, generic drug firms have stepped in with cheaper copies, ushering in an industry golden age. In the last decade alone generic drugs have save Americans $734 bil. Now the generic industry is upping the stakes. It's fighting for a share of the next frontier in medicine - biologic drugs, which unlike traditional chemical medicines, use proteins to modify the way genes acts. In '08 biologics garnered $60 bil in US sales.

Procter & Gamble PG $61.04 +0.57 0.94% 13,993,391 NYSE:

3M MMM $75.41 -0.05 0.07% 1,859,419 NYSE:

Travelers TRV $51.9 +1.26 2.49% 5,441,638 NYSE:

United Technologies UTX $65.07 -0.38 0.58% 3,889,231 NYSE:

Verizon VZ
$29.56 +0.25 0.85% 14,894,121 NYSE: Fin Times p22 "Vodafone set to raise target for cost-cutting" by Andrew Parker says Vodafone's ceo, Vittorio Colao, is preparing a fresh round of cost cuting as he tries to offset falling rev at the mobile phone operator to shoe up Vodafone's underperforming shares. Vodafone owns 45% of Verizon Wireless, while Verizon Communications, holds the rest. Verizon Wirelss stopped issuing dividends in 2005. The dividends stopped after Verizon Communications decided to sue Verizon Wireless's cash flow to pay down the mobile operator's debt. When Verizon Wireless last year agreed to buy Alltel, a smaller rival, Vodafone said it did not expect a resumption of dividend payments until 2012. But Bernstein analysts said the payments could start in 2011, because Verizon Commonictions needs Verizon Wireless's cash in order to pay its own dividends.

IBD pA4 "Droid Sart Phone Attracts Early Buyers" by Brian Deacon says US Verizon stores opened their doors a 7 am Fri for the launch of Motorola's Droid handset, which many believe is a credible threat to the Apple iPhone sold by AT&T. Good reviews sparked interest. Droid is the first handset to sport the latest version of the Google backed Android operating system, version 2.0. It costs $200 after a rebate with a 2 year Verizon Wireless service contract. Besides Verizon stores, the phone will be sold at Best Buy, WalMart and Costco.

WalMart WMT $51.25 -0.03 0.06% 12,350,620 NYSE: Fin Times p28 "Corporate Diary" says WMT, the world's largest reailer, will report earnings on Thurs. WMT has outperformed its leading competitors since the collapse of Lehman Bros. and ensuing crisis in Sept. '08 as its low price products lured budget conscious shoppers in the US and around the world. Investors are looking for signs that the reailer can retain its new customers when the recession is over. Its 3Q revs will be affected by the strength of the dollar versus last year, with Wall St. expecting an increase of just ore than 1% of $99.8 bil. Food price deflation will also depress the top line as analysts expect earnings to rise 5.2% to 81 cents per share.

IBD pA4 "Droid Sart Phone Attracts Early Buyers" by Brian Deacon says US Verizon stores opened their doors a 7 am Fri for the launch of Motorola's Droid handset, wich many believe is a credible threat to the Apple iPhone sold by AT&T. Good reviews sparkd interest. Droid is the first handset to sport the latest version of the Google backed Android operating system, version 2.0. It costs $200 after a rebate with a 2 year Verizon Wireless service contract. Besides Verizon stores, the phone will be sold at Best Buy, WalMart and Costco.

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Here are the CEOs of the Dow 30 Companies:

T Randall L. Stephenson
AA Klaus Kleinfeld
AXP Kenneth I. Chenault
BAC Kenneth D. Lewis (on 10/1 he announced his resignation as of year-end).
BA W. James McNerney, Jr.
CAT James W. Owens who will be replaced by Douglas Oberhelman in 2010.
CVX David O'Reilly who will be replaced by John Watson at year end.
CSCO John Chambers
KO Muhtar Kent
DIS Robert Iger
DD Ellen Kullman
XOM Rex W. Tillerson
GE Jeffrey R. Immelt
HPQ Mark Hurd
HD Frank Blake
INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPM Jamie Dimon
JNJ William C. Weldon
KFT Irene Rosenfeld
MCD Jim Skinner
MRK Robert Clark
MSFT Steve Ballmer
PFE Jeffrey Kindler
PG Bob McDonald
MMM George W. Buckley
TRV Jay S. Fishman
UTX Louis Chenevert
VZ Ivan Seidenberg
WMT Mike Duke

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest billion as of
11/6/09 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $349 [5]
2. Microsoft MSFT 254 [9]
3. WalMart WMT 198 [4]
4. Procter & Gamble PG 178 [3]
5. JPMorgan Chase 171 [4]
6. Johnson & Johnson JNJ 164 [3]
7. GE 163 [10.5]
8. IBM 162 [1.5]
9. Chevron CVX 155 [2]
10. Cisco CSCO 155 [6]
11. AT&T 153 [6]
12. BAC 130 [6.5]
13. Coke KO 126 [2]
14. Hewlett-Packard HPQ 117 [ 2]
15. Pfizer PFE 116 [7]
16. Intel INTC 106 [5.5]
17. Verizon VZ 69 [3]
18. Merck MRK 69 [2
19. McDonald's MCD 67 [1]
20. United Technologies UTX 61 [1]
21. 3M MMM 53 [.5]
22. Disney DIS 53 [2]
23. Home Depot 44 [2]
24. American Express AXP 44 [1]
25. Kraft KFT 40 [1.5]
26. Caterpillar CAT 36 [.5]
27. Boeing BA 34 [1]
28. DuPont DD 30 [1]
29. Travelers 28 [.5]
30. Alcoa AA 11 [1]

Here are the latest SEC filings as of 11/7/09 other than ownership filings and, except for certain cases, I do not include third party shareholder proposals:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

T AT&T: 11/6/09 8K announced the completion of the acquisition of Centennial Communications Corp. a regional provider of wireless and wired communications services for $945 million in cash.
11/5/09 10-Q

Alcoa AA: 10/23/09 10Q

American Express AXP: 10/30/09 10Q

Bank of Am BAC: 11/6/09 10Q

Boeing BA: 11/5/09 8K to reflect certain adjustments that have been made to prior year consolidated financial statements that were previously filed with the SEC on Form 10-K for the year ended December 31, 2008.

Caterpiller CAT: 10/30/09 10-Q

Chevron CVX: 11/5/09 10Q

Cisco CSCO: 11/4/09 8K On November 4, 2009, Cisco reported its results of operations for its fiscal first quarter 2010 ended October 24, 2009. Advisor, $750,000.

Coke KO: 10/29/09 10QA

Disney DIS: 10/27/09 Amended S-4 related to the takeover of Marvel.

DuPont DD: 11/5/09 Prospectus relating to $1,000,000,000 3.250% Notes due January 15, 2015 & $1,000,000,000 4.625% Notes due January 15, 2020

ExxonMobil XOM: 11/5/09 10Q

GE: 11/6/09 10QA

Hewlett-Packard HPQ: 9/24/09 8K saying at its Securities Analyst Meeting, HPQ addressed how it is uniquely positioned to grow and expand in the global information technology market. “We expect the IT industry to return to growth in 2010 and believe that HP will outpace the market,” said Mark Hurd, CEO.

Home Depot HD: 9/3/09 10-Q

Intel INTC: 11/5/09 8K Regulation FD Disclosure that on November 4, 2009, NY Attorney General Andrew Cuomo filed a lawsuit against Intel in the US Dist. Ct. for the District of Delaware alleging that Intel has violated the federal antitrust laws, the New York Donnelly Act (N.Y. Gen. Bus. Law § 340 et seq.), and § 63(12) of the New York Executive Law. The lawsuit alleges that Intel has engaged in a worldwide campaign of illegal, exclusionary conduct to maintain Intel’s alleged monopoly power and prices in the market for x86 microprocessors. The lawsuit seeks unspecified damages trebled, restitution, disgorgement, an injunction, $1,000,000 for each violation of the Donnelly Act, and attorneys’ fees and costs. Intel strongly disagrees with the plaintiff’s allegations and claims, and intends to conduct a vigorous defense of the lawsuit.

IBM: 11/5/09 8K announcing its Form S-3, effective August 3, 2007, relating to $2,000,000,000 of debt securities of the Registrant.

JPMorganChase JPM: 11/6/09 Reg. FD disclosure relating to an investor conference.

Johnson & Johnson JNJ: 11/4/09 10Q

Kraft KFT: 11/3/09 10Q

McDonalds MCD: 11//5/09 10Q

Merck MRK: 11/4/09 8K announcing the consummation on November 3, 2009 of the merger of Merck & Co., Inc. &, Schering-Plough Corporation.

Microsoft MSFT: 10/23/09 10Q

Pfizer PFE: 11/5/09 10Q

Procter & Gamble PG: 10/29/09 10Q

3M MMM: 10/20/09 10Q

Travelers TRV: 10/22/09 10Q

United Technologies UTX: 10/23/09 10Q

Verizon Communications Inc. VZ:/11/2/09 8K announcing VZ adoption of Statement of Financial Accounting Standards No. 160, Noncontrolling Interests in Consolidated Financial Statements — an amendment of ARB No. 51 (SFAS No. 160).

Wal-Mart WMT: 8K 9/18/09 pricing agreement relating to a $1 bil Euro Note Offering.