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Post #254 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 11/30/09 and an update of the Dow 30's most recent SEC filings as of 11/30/09.

A read of Thursday's 12/10/09 print editions of: Wall St. Journal, Financial Times, New York Times, USA Today, Investors Business Daily, Atlanta Journal Constitution& Daily Report (Ga) 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 Wednesday's closing price and related data:

Dow: The Dow Jones Industrial Average closed Wednesday at 10,337.05 up 51.08 or 0.5% from Tuesday's close of 10,285.97. Year to date the Dow is up 17.78%. Of the 30 Dow Companies: 17 gained and 13 declined. The biggest gainer dollar-wise and percentage-wise was 3M MMM $79.74 +2.63 3.41% 6,552,482 NYSE. The biggest decliner dollar-wise was United Technologies UTX $67.41 -0.82 1.2% 4,789,573 NYSE and percentage-wise was WalMart $54.07 -0.34 0.62% 12,577,792 NYSE.

WSJ pC1 "Blue Chips End Higher On 3M Gains" by Peter A. McKay says gains for 3M led the Dow Jones Industrial Average higher, although many investors avoided making bets heading into the end of the year. The fears about sovereign credit that drove Tues's decline appeared to ease. Surprisingly strong wholesale inventory data boosted investors' mood.

WSJ pC6 "Pfizer, Merck Gain; PepsiCo Drops 2.7%" by Geoffrey Rogow says a push into Pfizer, Merck and other more defensive sectors and firms lifted the Dow Jones Industrial Average, with the index also helped by an analyst upgrade of 3M. Leading the index's gainers, Prizer rose 2.7% while Merck gained 2.2% and 3M gained 3.4% after it was raised to buy from hold by Citigroup. In the day's most watched economic report, inventories of US wholesalers increased in Oct, breaking a string of 13 declines and suggesting production will pick up. 3M is charted under "Good News" saying Citigroup upgraded its rating.

Fin Times p30 "Steelmaker strength helps stocks reclaim posiative territory" by Samantha Pearson says steelmakers and renewed dollar weakness helped drag Wall St. out of the red yesterday. The revision of Spain's outlook to negative by S&P had sent stocks lower for most off the day, adding to lingering concerns from the previous day abotut he pace of the global economic recovery.

NYT pB11 "Wall St. Pushes Higher After 2 Days of Losses" by AP says the stock market turned higher as gains in shares of materials and tech firms offset concerns about mounting debt around the world.

Inv. Bus. Daily pA1 "Stocks Tack on Gains, But Trade Slwos" by Paul Whitfield says stocks rallied late to clsoe with moderate gains Wed., as volume faded further off its usual pace. The current outlook is uptrend under pressure.

UA Today p4b Stocks reboudna bit in search for safety" by AP says investors set aside some of their concerns about mounting debt levels around the world and looked for barains Wed. after a 2 day stock slide.

As of the open of the market Wednesday, the current divisor for the Dow found at page C4 of today's Wall St. Jrnl is .132319125 unchanged, the trailing P/E ratio is 17.93 down from Tues. morning's 18.03 (year ago it was 18.30) the P/E estimate is 16.05 unchanged from Tues's 16.05 (year ago it was 9.93) and the current dividend yield is 2.68 up from Tues. morning's 2.67 (it was 3.58 a year ago).

Wednesday's Dow Jones Industrial Average closing numerator was 1367.79 up 6.76 from Tuesday's closing Dow numerator of 1361.03. 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 6.76 for Wednesday by the divisor you get the increase in Wednesday's Dow close of 51.08.

The average closing price (the closing numerator divided by 30) of Wednesday's Dow Jones Industrial Average was 45.59 up 0.32 from Tuesday's Dow Jones Industrial Average closing price of $45.27. The median closing price of Wednesday's Dow Jones Industrial Average was $40.54 up 0.42 from Tuesday's $40.12. The lowest volume Wednesday was Travelers TRV $50.1 +0.18 0.36% 3,922,603 NYSE and the highest volume again was Bank of Am BAC $15.39 -0.02 0.13% 196,901,535 NYSE.

If Wednesday morning before the market opened you had purchased 100 shares 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 $676 ($136,779 - $136,103).

AT&T T $27.56 -0.05 0.18% 22,917,904 NYSE: WSJ pB10 "AT&T Faces Data dilemma" by Roger Cheng, Inv. Bus. Daily pA2 another story at pA5, NYT pB6 "AT&T to Urge customers To Use Less Wireless Data" by Jenna Wortham & AJC pA21 "AT&T warns bandwidth hogs" by Peter Svensson, AP say iPhone users who jam the airwaves by watching video on their devices will be put on tighter leashes by AT&T which is upgrading its network because it has had trouble keeping up with data usage resulting in dropped connections and delays for users trying to run programs on their devices. AT&T will give users incentives to reduce their bandwith usage through some unspecified form of usage based pricing. Now it is hard for a user to know how much data they're consuming. 3% of smart phone users are using 40% of network capacity.

WSJ pB9 "For Tiger Woods Sponsors, It's Wait and See" by Emily Steel, Suzanne Vranica says if scandal looks likely to create long term fallout, allowing endorsement deals to lapse would be probably response. Wed, reps fo Nike, Procter & Gamble's Gillette and others said their relationships with Woods hasn't changed but AT&T refused to comment.

Alcoa AA $13.08 +0.21 1.63% 24,364,211 NYSE: No mentions found.

American Express AXP $39.88 +0.75 1.92% 8,782,747 NYSE: No mentions found.

Bank of America BAC $15.39 -0.02 0.13% 196,901,535 NYSE: WSJ pA23 "Bank of America reports $45 bil bailout payoff" by Ieva M. Augstrums, AP says BofA repiad the entire $45 bil it owed as aprt of the Troubled Asset Relief Program and funded the repayment through a combo of cash on hand and the sale of $19.29 bil of securities though would convert into common stock. BofA originally received $25 bil last fall and then got another $20 bil in Jan '09 after it acquired Merrill.

WSJ pC14 "Overheard" says JPMorgan Chase CEO was named Banker of the Year by American Banker newspaper for the second time in his career; Bank of America CEO Kenneth Lewis got it last year and is leaving at the end of this year, hounded by regulators over his Merrill acquisition.

Boeing BA $55.47 -0.19 0.34% 3,841,134 NYSE: AJC pA22 "Boeing begins final testing on 787 jetliner" says BA has started final gauntlet testing on its first 787 which is a final step before the plane makes its first flight. The 787 is more than 2 years behind schedule.

Caterpillar CAT $56.18 -0.20 0.35% 8,509,353 NYSE: No mentions found.

Chevron CVX $77.06 +0.30 0.39% 6,999,516 NYSE: WSJ pB2 "Big Oil Jumps for Licenses in Iraq" by Hassan Hafidh, Guy Chazan says foreign oil execs are flocking to Iraq as it prepares to open some of its untapped oil assets to Western oil firms, undeterred by a string of attacks Tues that killed more than 120 people. Iraq's second oil licensing round, to be held Fri and Sat, has elicited large interest from Big Oil. The most tempting prizes are the Majnoon and West Qurna-Phase 2 fields, each of which contains more than 12 bil barrels of proven reserves. 44 firms have registered to make proposals and that includes most of the supermajors including Chevron and Exxon Mobil. Shella nd Exxon Mobil reached a deal recently with Baghad with respect to West Qurna-Phase 1.

Cisco CSCO $23.86 +0.05 0.21% 37,812,627 NASDAQ-GS: NYT pB6 "Part of the Daily American Diet, 34 Gigabytes of Data" by Nick Bilton says the average American uses about this amount of data each day according to a report for a research report financed by AT&T, Cisco, IBM, Intel, Oracle, Seagate and the Alfred Pl. Sloan Foundation. This amount is an increase of about 350% over 3 decades.

Coca-Cola KO $57.83 +0.15 0.26% 9,653,827 NYSE: No mentions found.

Disney DIS $30.7 +0.02 0.07% 9,165,185 NYSE: AJC pA22 "Disney to cut back on discounts next year" says Disenys will make less theme parks discounts in ;10 as the economy improves. Ssince last year, Dis has offered free hotel nights and discounts on food and merchandise and has reported 4 straight quarters of lower rev and profit.

DuPont DD $31.59 -0.04 0.13% 10,503,183 NYSE: No mentions found.

ExxonMobil XOM $72.79 -0.16 0.22% 17,038,757 NYSE: Fin Times p16 "History is against Exxon" says ExxonMobil's $15 bil natural gas project has been heralded as a deal that can transform Papua New Guinea into a significant supplier to Asia. But Papua New Guinea is a land of jungles and harsh mountain lands where inter tribal flare ups are confident. In 1989 Rio Tinto, then CRA, walked away from its Panguna copper mine after separatist rebels shut it down and the same problems could face ExxonMobil.

WSJ pB2 "Big Oil Jumps for Licenses in Iraq" by Hassan Hafidh, Guy Chazan says foreign oil execs are flocking to Iraq as it prepares to open some of its untapped oil assets to Western oil firms, undeterred by a string of attacks Tues that killed more than 120 people. Iraq's second oil licensing round, to be held Fri and Sat, has elicited large interest from Big Oil. The most tempting prizes are the Majnoon and West Qurna-Phase 2 fields, each of which contains more than 12 bil barrels of proven reserves. 44 firms have registered to make proposals and that includes most of the supermajors including Chevron and Exxon Mobil. Shella nd Exxon Mobil reached a deal recently with Baghad with respect to West Qurna-Phase 1.

GE $15.66 -0.06 0.38% 58,011,238 NYSE: Fin Times p20 "GE wins $1.4 bil turbine contract" by Francesco Guerrera says GE won this contract for what could be the world's largest wind farm by output, a move that underlines GE's increasing focus on renewable energy. GE will supply 300 wind turbines to Caithness Energy by '12 for the array which the US power producer is building in Oregon and the deal includes a 10 yr. service contract.

Fin Times p1 "Immelt rues terrible exec greed that fuelled inequality" by Francesco Guerera says Jeffrey Immelt, GE's ceo, said yesterday that his generaiton of biz leaders had succumbed to meanness and greed that had harmed the US economy and increased the gap between the rich and the poor.

Hewlett-Packard HPQ $49.95 +1.01 2.06% 17,425,700 NYSE: Inv. Bus. Daily pA2 says HP CFO Cathie Lesjak said HP is upbeat on biz demand for upgrding their aging enterprise hardware.

Home Depot HD $27.55 -0.12 0.43% 12,404,689 NYSE: Daily Rejport p7 "Cash for caulkes may help Home Depot" by Bloomberg says Obama's plan to help homeowners pay for energy imporvements, nicknamed cash for caulkers would help firms such as Dow Chemical who makes insualtion and retailers Lowe's and HOme Depot who sells sealants, tapes, foams, insulation, etc.

Intel INTC $20.01 +0.02 0.1% 53,023,389 NASDAQ-GS: NYT pB6 "Part of the Daily American Diet, 34 Gigabytes of Data" by Nick Bilton says the average American uses about this amount of data each day according to a report for a research report financed by AT&T, Cisco, IBM, Intel, Oracle, Seagate and the Alfred Pl. Sloan Foundation. This amount is an increase of about 350% over 3 decades.

IBM $128.39 +1.59 1.25% 5,975,139 NYSE: WSJ pB7 "IBM Adds To cloud Facilities" by William M. Bulkeley says IBM opened one new data center and unveiled plans for anotehr and a research lab in Pacific rim nations, reflecting its growing biz in cloud computing in which apps remotely run on shared computers.

NYT pB6 "Part of the Daily American Diet, 34 Gigabytes of Data" by Nick Bilton says the average American uses about this amount of data each day according to a report for a research report financed by AT&T, Cisco, IBM, Intel, Oracle, Seagate and the Alfred Pl. Sloan Foundation. This amount is an increase of about 350% over 3 decades.

J.P.Morgan Chase JPM $41.19 -0.02 0.05% 42,155,974 NYSE: WSJ pC14 "Overheard" says JPMorgan Chase CEO was named Banker of the Year by American Banker newspaper for the second time in his career; Bank of America CEO Kenneth Lewis got it last year and is leaving at the end of this year, hounded by regulators over his Merrill acquisition.

Johnson & Johnson JNJ $64.38 +0.13 0.2% 8,783,462 NYSE: No mentions found.

Kraft KFT $26.71 +0.05 0.19% 6,704,399 NYSE: Inv. Bus. Daily pA2 & AJC pA22 "Kraft suggest changes in its bid for Cadbury" say European Union regulators said that Kraft says in order to meet regulators approval it would not make material divestments in buying Cadbury for what is now a hostile $16.3 bil offer.

WSJ pB1 "hershey, Trust near Decision Over Cadbury" by Jeffrey McCracken, Ilan Brat says Hershey and the trust that controls it are nearing a final decision on whether to make a bid for Cadbury against kraft's existing $16.5 bil bid. Hershey's mgmt and the trust are holding meetings this week to gauge their ability to raise about $10 bil in debt which along with new Hershey shaers would be needed to buy Cadbury.

McDonalds MCD $60.6 -0.01 0.02% 10,855,413 NYSE: Inv. Bus. Daily "comp Sales for McDonald's Miss Estimates" by en Hoover says the stock of CD slumped this week amid disappointing same store sales for Nov. The firm has rewarded investors with 6 straight years of growth; its after tax margins ahve been 20.9%. For '10 MCD expects $4.41 per share, an 11% increase.

USA Today p1B "Fast food chains have a deal for you" by Bruce Horovitz says MCD is pushing value on two fronts, its unwrapppping its value brreakfast 2 years after Burger King and will roll out MacSnackWarp which is a Big Mac rolled into a tortilla for $1.49 half of the price of a Big Mac.

Merck MRK $37.15 +0.80 2.2% 17,618,906 NYSE: WSJ pC1 "SEC Probes Transactions In a Hunt for Inside Trades" by Jennny Strasburg, Kara Scannell says Prizer's takeover of Wyeth and Merck's takeover of Schering-Plough are just 2 of at least 9 investigations under investigation by the SEC for possible insider trading violations. Last week the WSJ said that the SEC recently sent about 3 dozen subpoenas to hedge funds and brokerages regarding insider info.

WSJ pC6 "Pfizer, Merck Gain; PepsiCo Drops 2.7%" by Geoffrey Rogow says a push into Pfizer, Merck and other more defensive sectors and firms lifted the Dow Jones Industrial Average, with the index also helped by an analyst upgrade of 3M. Leading the index's gainers, Prizer rose 2.7% while Merck gained 2.2% and 3M gained 3.4% after it was raised to buy from hold by Citigroup. In the day's most watched economic report, inventories of US wholesalers increased in Oct, breaking a string of 13 declines and suggesting production will pick up. 3M is charted under "Good News" saying Citigroup upgraded its rating.

Microsoft MSFT $29.71 +0.14 0.47% 44,035,418 NASDAQ-GS: WSJ pB4 "Oracle to Defend Sun Deal" by Charles Forelle says Oracle is preparing a stiff defense of its proposed buyout of Sun Microsystems ahead of a hearing before European Union antitrust officials, who are holding up the $7.4 bil deal. Microsoft which makes a rival database and SAP AG, which competes with Oracle to write software that runs on top of databases are both schedules to appear on the Europena commission's side which last month issued prelim objections to the deal, which has been approved by US officials. The EU is concerned that database software called MySQL that is owned by Sun will become too dominant in the hands of Oracle.

WSJ pB7 "AOL, Time Warner Divorce Is Official" by Emily Steel says AOL will now be a slimmer more focused firm, preparing to battle agaisnt Google, Yahoo and Microsoft in the $29 bil US market fo online advertising.

Pfizer PFE $18.24 +0.48 2.7% 72,926,088 NYSE: WSJ pC6 "Pfizer, Merck Gain; PepsiCo Drops 2.7%" by Geoffrey Rogow says a push into Pfizer, Merck and other more defensive sectors and firms lifted the Dow Jones Industrial Average, with the index also helped by an analyst upgrade of 3M. Leading the index's gainers, Prizer rose 2.7% while Merck gained 2.2% and 3M gained 3.4% after it was raised to buy from hold by Citigroup. In the day's most watched economic report, inventories of US wholesalers increased in Oct, breaking a string of 13 declines and suggesting production will pick up. 3M is charted under "Good News" saying Citigroup upgraded its rating.

WSJ pC1 "SEC Probes Transactions In a Hunt for Inside Trades" by Jennny Strasburg, Kara Scannell says Prizer's takeover of Wyeth and Merck's takeover of Schering-Plough are just 2 of at least 9 investigations under investigation by the SEC for possible insider trading violations. Last week the WSJ said that the SEC recently sent about 3 dozen subpoenas to hedge funds and brokerages regarding insider info.

Procter & Gamble PG $62.24 +0.37 0.6% 8,934,952 NYSE: WSJ pB9 "For Tiger Woods Sponsors, It's Wait and See" by Emily Steel, Suzanne Vranica says if scandal looks likely to create long term fallout, allowing endorsement deals to lapse would be probably response. Wed, reps fo Nike, Procter & Gamble's Gillette and others said their relationships with Woods hasn't changed but AT&T refused to comment.

3M MMM $79.74 +2.63 3.41% 6,552,482 NYSE: WSJ pC6 "Pfizer, Merck Gain; PepsiCo Drops 2.7%" by Geoffrey Rogow says a push into Pfizer, Merck and other more defensive sectors and firms lifted the Dow Jones Industrial Average, with the index also helped by an analyst upgrade of 3M. Leading the index's gainers, Prizer rose 2.7% while Merck gained 2.2% and 3M gained 3.4% after it was raised to buy from hold by Citigroup. In the day's most watched economic report, inventories of US wholesalers increased in Oct, breaking a string of 13 declines and suggesting production will pick up. 3M is charted under "Good News" saying Citigroup upgraded its rating.

Travelers TRV $50.1 +0.18 0.36% 3,922,603 NYSE: No mentions found.

United Technologies UTX $67.41 -0.82 1.2% 4,789,573 NYSE: No mentions found.

Verizon VZ $33.3 -0.09 0.27% 18,732,778 NYSE: No mentions found.

WalMart WMT $54.07 -0.34 0.62% 12,577,792 NYSE: No mentions found.
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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
11/30/09 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $360 [5]
2. Microsoft MSFT 260 [9]
3. WalMart WMT 211 [4]
4. Chevron CVX 191 [2.5]
5. Procter & Gamble PG 183 [3]
6. Johnson & Johnson JNJ 174 [3]
7. GE 170 [10.5]
8. IBM 165 [1.5]
9. JPMorgan Chase 163 [4]
10. AT&T 159 [6]
11. Pfizer PFE 147 [8]
12. Cisco CSCO 134 [6]
13. BAC 134 [6.5]
14. Coke KO 132 [2]
15. Hewlett-Packard HPQ 116 [2]
16. Intel INTC 107 [5.5]
17. McDonald's MCD 106 [1]
18. Verizon VZ 90 [3]
19. Merck MRK 77 [2]
20. United Technologies UTX 63 [1]
21. Disney DIS 56 [2]
22. 3M MMM 54 [.5]
23. American Express AXP 49 [1]
24. Home Depot 47 [2]
25. Kraft KFT 39 [1.5]
26. Boeing BA 38 [1]
27. Caterpillar CAT 36 [.5]
28. DuPont DD 31 [1]
29. Travelers 28 [.5]
30. Alcoa AA 12 [1]

Here are the latest SEC filings as of 11/30/09 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 re:the acquisition of Centennial Communications Corp. a regional provider of wireless and wired communications services for $945 million in cash.

Alcoa AA: 11/20/09 8K re: that it will temporarily idle production at its two aluminum smelters in Fusina and Portovesme, Italy while appealing a European Commission decision that Italy’s extension of the existing electricity tariff after 2005 did not comply with European Union state aid rules and that a portion of the benefit received by Alcoa must be refunded. The curtailments in Italy will bring Alcoa’s total global smelting system curtailments to approximately 24 percent. Alcoa expects to take a 4Q '09 charge of between $300 million and $500 million, pre-tax, including the temporary curtailment and recovery actions.

American Express AXP: 11/18/09 8K re: acquisition of Revolution Money, a Revolution LLC company which was launched by AOL Co-founder Steve Case's Revolution LLC in '07 & provides secure payments through an internet based platform. No names or account numbers appear on Revolution cards and transactions are authorized by using a PIN number. Their online person-to-person payment accounts are FDIC insured and suited for social and instant messaging networks.

Bank of Am BAC: 11/27/09 8K re: the Board approved amendments to the 2009 compensation arrangements for Joe L. Price, Chief Financial Officer, & Barbara J. Desoer, President, Bank of America Mortgage, Home Equity and Insurance Services.

Boeing BA: 11/20/09 8K re: Boeing issued $700,000,000 of 1.875% Senior Notes due 2012 and $500,000,000 of 3.750% Senior Notes due 2016.

Caterpiller CAT: 11/19/09 8K disclosing supplemental information concerning deliveries to users for its Machinery and Engines lines of business.

Chevron CVX: 11/5/09 10Q

Cisco CSCO: 11/24/09 8K re: Mark Chandler, Senior Vice President, Legal Services, General Counsel & Secretary of Cisco Systems adopted a pre-arranged stock trading plan to exercise Cisco stock options originally granted in 2001 and set to expire in February 2010 and sell the acquired shares of Cisco stock for up to 80,000 shares of Cisco stock.

Coke KO: 10/29/09 10QA

Disney DIS: 11/13/09 8K re: effective January 1, 2010, Thomas O. Staggs, currently Sr. Exec. VP & CFO, will become Chairman, Walt Disney Parks & Resorts, & James A. Rasulo, currently Chairman, Walt Disney Parks & Resorts, will become Sr. Exec. VP & CFO.

11/19/09 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 1/15 & $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: 11/23/09 8K re: financial results for its 4Q ended 10/31/09, with net rev of $30.8 billion, down 8% from a year earlier.

Home Depot HD: 11/17/09 8K re: 3Q of fiscal 2009 net earnings of $689 million, or $0.41 per diluted share, compared with net earnings of $756 million, or $0.45 per diluted share, in the same period in fiscal 2008.

Intel INTC: 11/16/09 8K re: board of directors approved a 12.5 percent increase in the quarterly cash dividend to 15.75 cents per share (63 cents per share on an annual basis), beginning with the dividend that will be declared in the first quarter of 2010.

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: 11/20/09 re: Cazenove Group Limited (Cazenove) and J.P. Morgan have agreed a transaction under which their joint venture, J.P. Morgan Cazenove, will become a wholly owned part of J.P. Morgan.

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

Kraft KFT: 11/9/09 8K re: pursuant to Rule 2.5 of the U.K. City Code on Takeovers and Mergers Kraft disclosed its intention to make an offer to acquire each outstanding ordinary share of Cadbury plc.

11/9/09 8K re: an acquisition and refinancing bridge credit agreement for a 364-day senior unsecured term loan facility with the lenders led by Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and HSBC Securities (USA) Inc., as joint bookrunners, and Citibank, N.A. and Deutsche Bank AG Cayman Islands Branch, as co-administrative agents for loans up to £5.5 billion with a maturity date of 364 days.

McDonalds MCD: 11/12/09 8K re: CEO Jim Skinner outlined MCD’s priorities to continue to drive growth in sales, market share and returns through a strategic focus on its customers and restaurants under the successful Plan to Win. This includes plans to open about 1,000 new restaurants and reimage 2,300 existing locations worldwide in 2010.

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: 11/24/09 8K re: Chris Liddell's departure as CFO to be replaced by Peter Klein.

Pfizer PFE: 11/5/09 10Q

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

3M MMM: 11/24/09 8K re: an amendment to its VIP Excess Plan that offers eligible highly compensated employees with the opportunity to defer the receipt of a portion of their current cash compensation on a tax-favored basis.

Travelers TRV: 11/10/09 8K re: the resignation of Robert I. Lipp from the Board.

United Technologies UTX: 11/17/09 8K re: its purchase of the GE Security business from GE for $1.82 billion. The closing is pending regulatory approvals. GE Security, part of GE Technology Infrastructure, supplies security and life safety technologies through a broad product portfolio for commercial and residential applications that include fire detection and life safety systems, intrusion alarms, and video surveillance and access control systems. Headquartered in Bradenton, Fla., the business has eight manufacturing facilities and approximately 4,700 employees in 26 countries.

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: 11/12/09 8K re: diluted earnings per share from continuing operations for 3Q of fiscal year 2010 of $0.84, exceeding WMT’s guidance of $0.78 to $0.82. Walmart earned $0.77 per share from continuing operations in the third quarter last year.