4/12/10 Mon. pm Dow Closes 11005.97 up 8.62 or .08%

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Post No. 378. The following is brought to you by Intellivest Securities Research, Inc. Towards the end of this Blog is a list of the Dow 30 current CEOs, a ranking of the Dow 30 components by market capitalization as of 4/1/10 and an update of the Dow 30 component's most recent SEC filings as of 4/1/10.

The Dow Jones Industrial Average closed Monday at 11005.97 up 8.62 or 0.08% from Friday's close of 10,997.35. Of the 30 Dow Companies: 12 gained and 18 declined. The biggest gainer dollar-wise and percentage-wise was Caterpillar CAT $66.73 +1.46 2.24% 11,819,325 NYSE. The biggest decliner dollar-wise was Boeing BA $71.94 -0.48 0.66% 3,346,122 NYSE and percentage-wise was Disney DIS $35.89 -0.33 0.91% 10,406,662 NYSE.

As of the open of the market Monday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132319125 unchanged, the trailing P/E ratio is 17.15 (year ago it was 27.55) the P/E estimate is 14.00 unchanged from Thursday's 14.00 (year ago it was 21.06) and the current dividend yield is 2.48 (it was 3.81 a year ago).

Monday's Dow Jones Industrial Average closing numerator was 1,456.30 up 11.14 from Friday's closing numerator of 1,445.16. 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 11.14 for Monday by the divisor you get the increase in Monday's Dow close of 8.62. A $1 change in the price of any DJIA stock = a 7.56 change in the average.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was $48.54 up 0.03 from Friday's Dow Jones Industrial Average closing price of $48.51. The median closing price of Monday's Dow Jones Industrial Average was 45.34 up 0.41 from Friday's median closing price of $44.93. The lowest volume was 3M MMM $83.28 -0.21 0.25% 2,592,200 NYSE and the highest volume again was Bank of America BAC $18.65 +0.06 0.32% 125,236,898 NYSE.

If Monday 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 $90 ($145,620 - $145,530).

Market Watch 4/12/10 4:31 p.m. by Kate Gibson says U.S. stocks on Monday stepped modestly higher ahead of the unofficial launch of the first-quarter earnings season, with aluminium giant Alcoa Inc. reporting after the market close. Stocks have shrugged off bad news on their way to new highs. What could upset this pattern?
Finishing above 11,000 for the first time since Sept. 26, 2008, the Dow Jones Industrial Average (INDU 11,006, +8.92, +0.08%) gained 8.62 points to end at 11,005.97, with Alcoa (AA 14.69, +0.12, +0.82%) rising 1.3% and Caterpillar Inc. (CAT 66.83, +0.10, +0.15%) up 2.2%. The first of the Dow's 30 components to report first-quarter results, Alcoa is expected to swing to a profit under the steam of higher aluminium prices and increased demand. On Wednesday, J.P. Morgan Chase & Co. pm (JPM 46.42, +0.28, +0.61%) is slated to release its results in what analysts said should provide a barometer of financial-sector fiscal conditions. Other big names set to report results include blue chips Intel Corp. (INTC 22.54, +0.00, +0.00%) , Bank of America Corp. /quotes/comstock/13*!bac/quotes/nls/bac (BAC 18.66, +0.01, +0.05%) and General Electric Co. (GE 18.69, -0.02, -0.11%) The S&P 500 Index (SPX 1,196, +2.11, +0.18%) rose 2.11 points to 1,196.48, with financials rising the most and materials the laggard among the index's 10 industry groups. The Nasdaq Composite Index (COMP 2,458, +3.82, +0.16%) was up 3.82 points at 2,457.87. Activity on the corporate M&A front also bolstered sentiment, with Mirant Corp. (MIR 12.70, +0.02, +0.16%) agreeing to acquire rival power firm Reliant Energy Inc. /(RRI 4.55, +0.02, +0.44%) for $1.61 billion and military contractor DynCorp International (DCP 17.46, +0.05, +0.29%) getting taken out. Concerns about the pricing and terms of the EUR45bn Greek package, and the fact that other debtors have not been addressed, mean ECB monetary policy will remain loose compared with the U.S. European leaders over the weekend agreed to offer loans to Greece, helping to ease worries that rising debt in Greece and other countries in Europe might curb the global economic recovery and weaken the euro. Crude futures finished at $84.34 a barrel, and gold futures ended higher at $1,162.20 an ounce. Advancers outran decliners roughly 4 to 3 on the New York Stock Exchange, where 976 million shares changed hands and composite trading volume topped 4.7 billion. On Friday, U.S. stock benchmarks closed out a sixth consecutive week of gains, taking the Dow industrials above 11,000 intraday for the first time since late September 2008.

Monday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market

AT&T T $26.4 -0.04 0.15% 20,343,892 NYSE
Alcoa AA $14.58 +0.19 1.32% 53,257,987 NYSE
American Express AXP $44.54 +0.66 1.5% 7,473,447 NYSE
Bank of America BAC $18.65 +0.06 0.32% 125,236,898 NYSE
Boeing BA $71.94 -0.48 0.66% 3,346,122 NYSE
Caterpillar CAT $66.73 +1.46 2.24% 11,819,325 NYSE
Chevron CVX $80.43 +0.93 1.17% 9,956,435 NYSE
Cisco CSCO $26.53 -0.07 0.26% 27,697,421 NASDAQ-GS
Coca-Cola KO $54.76 +0.17 0.31% 8,290,941 NYSE
Disney DIS $35.89 -0.33 0.91% 10,406,662 NYSE
DuPont DD $38.94 -0.25 0.64% 6,149,514 NYSE
ExxonMobil XOM $68.71 -0.05 0.07% 18,148,658 NYSE
GE $18.72 +0.20 1.08% 69,832,435 NYSE
Hewlett-Packard HPQ $53.88 +0.01 0.02% 8,389,416 NYSE
Home Depot HD $33.47 +0.22 0.66% 10,618,640 NYSE
Intel INTC $22.539 -0.011 0.05% 49,019,941 NASDAQ-GS
IBM $128.36 -0.40 0.31% 3,962,895 NYSE
J.P.Morgan Chase JPM $46.14 +0.16 0.35% 24,116,293 NYSE
Johnson & Johnson JNJ $65.13 -0.01 0.02% 7,532,138 NYSE
Kraft KFT $30.34 +0.10 0.33% 5,273,226 NYSE
McDonald's MCD $68.53 -0.15 0.22% 4,024,385 NYSE
Merck MRK $36.85 -0.12 0.32% 8,906,553 NYSE
Microsoft MSFT $30.32 -0.02 0.07% 36,018,197 NASDAQ-GS
Pfizer PFE $17.29 +0.04 0.23% 48,167,726 NYSE
Procter & Gamble PG $62.7 -0.03 0.05% 8,563,655 NYSE
3M MMM $83.28 -0.21 0.25% 2,592,200 NYSE
Travelers TRV $52.02 -0.38 0.73% 3,177,479 NYSE
United Technologies UTX $73.76 -0.23 0.31% 3,767,866 NYSE
Verizon VZ $29.94 -0.14 0.47% 18,337,765 Dual Listed
WalMart WMT $55.02 -0.05 0.09% 11,683,718 NYSE

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The following are excerpts from our Monday morning Blog:

A read of Monday's Wall St. Journal, Financial Times, New York Times, USA Today & Atlanta Journal & Constitution 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 stock prices and related data.

Dow:The Dow Jones Industrial Average closed Friday at 10997.35 up 70.28 or 0.64% from Thursday's close of 10,927.07. For the week the Dow was up 70.28 or 0.64% from last Thursday's close of 10,927.07 (the Dow was closed the prior Fri. for Good Friday.) Year to date the Dow is up 5.46%. Of the 30 Dow Companies: 24 gained and 6 declined. The biggest gainer dollar-wise and percentage-wise was Chevron CVX $79.5 +1.84 2.37% 9,797,243 NYSE. The biggest decliner dollar-wise and percentage-wise was Alcoa AA $14.39 -0.48 3.23% 56,028,701 NYSE.

WSJ pC1 "The Downside of Optimism On Ernings" by E.S. Browning says hopes are running high for this quarter's earnings season that will open today when Alcoa releases its results. With the Dow up 9% in the past 2 months amid hopes of an economic recovery and strong corporate profits, stocks could do the same thing they did last earnings season: sell off when the good news actually arrives. Stocks typically trade on expectations, ahead of actual news. Investors buy on rumors and then sell on news, taking profits just as the rest of the world thinks stocks should be rising.

Friday's Dow Jones Industrial Average closing numerator was 1,455.16 up 9.30 from Thursday's closing numerator of 1,445.86. 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 9.30 for Friday by the divisor you get the increase in Friday's Dow close of 70.28. A $1 change in the price of any DJIA stock = a 7.56 change in the average.

The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was $48.51 up 0.31 from Thursday's Dow Jones Industrial Average closing price of $48.20. The median closing price of Friday's Dow Jones Industrial Average was 44.93 up 0.19 from Thursday's median closing price of $44.74. The lowest volume was 3M MMM $83.49 +0.54 0.65% 2,879,126 NYSE and the highest volume again was Bank of America BAC $18.59 -0.06 0.32% 135,105,183 NYSE.

If Friday 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 $930 ($145,530 - $144,600).

Market Watch 4/9/10 6:05 pm by Peter McKay says The Dow Jones Industrial Average briefly broke through the 11,000 milestone for the first time since late September 2008 on Friday, though it failed to hold above that milestone at the close, hurt by technical selling and weakness in the basic-materials sector following an analyst downgrade of Alcoa. The Dow (INDU 10,997, +70.28, +0.64%) posted an late-day high of 11,000.98 before trimming its gains to finish at a fresh 18-month high 10,997.35, up 0.6%. The Nasdaq Composite Index (COMP 2,454, +17.24, +0.71%) and S&P 500 Index (SPX 1,194, +7.94, +0.67%) each rose 0.7%. Energy stocks led the way higher following a rose profit forecast from Chevron Corp. (CVX 79.50, +1.84, +2.37%) , which rallied 2.4%. Rival Exxon Mobil Corp. (XOM 68.76, +0.90, +1.33%) rose 2.3%. Read Energy Stocks. Alcoa Inc. (AA 14.39, -0.48, -3.23%) was the weakest Dow component, off 3.2%, after J.P. Morgan Chase cut its rating on the aluminum maker to neutral from overweight ahead of Alcoa's profit report Monday, which will mark the unofficial start of the broader first-quarter profit season on Wall Street. Many traders expect that the flurry of reports will soon provide the impetus for the Dow to finally break through the 11,000 mark on a closing basis -- something it failed to do three times this week after getting close. In each case, traders said sellers seized on intraday quotes around 11,000 as opportunities to take money off the table -- a common pattern around round-number benchmarks. But the market has shown a broader trend higher lately, helped by improved readings of employment, retail sales and other key yardsticks that point toward a U.S. economic recovery. Analysts are expecting S&P 500's components to report a combined 37% gain in first-quarter profits once all the data from the upcoming reporting season are in hand, according to the latest data from Thomson Reuters. Among stocks in focus on Friday, Constellation Brands Inc. (STZ 16.43, -0.42, -2.49%) fell 2.5%. The wine maker's fiscal fourth-quarter sales dropped, and its forecast for earnings in the new fiscal year missed analysts' views. Massey Energy Inc. (MEE 46.72, +0.58, +1.26%) climbed 1.3% after the coal-mining company said it will increase production at its other coal mines, although it won't be able to fully replace planned output from the West Virginia mine shut down by a fatal explosion this week, according to a federal filing. The stock is still down 11% for the week. In other markets, the dollar slid against the euro as concerns over Greece's debt troubles eased. Oil prices slipped for a third straight day to end at $84.92 a barrel, off 2.2% during the recent slide. Treasury prices were mixed. The two-year note held steady, yielding 1.064%, while the benchmark 10-year note rose 2/32 to yield 3.883%.

AT&T T $26.44 +0.42 1.61% 39,649,342 NYSE: No mentions found.

Alcoa AA $14.39 -0.48 3.23% 56,028,701 NYSE: WSJ pC1 "The Downside of Optimism On Earnings" by E.S. Browning says hopes are running high for this quarter's earnings season that will open today when Alcoa releases its results. With the Dow up 9% in the past 2 months amid hopes of an economic recovery and strong corporate profits, stocks could do the same thing they did last earnings season: sell off when the good news actually arrives. Stocks typically trade on expectations, ahead of actual news. Investors buy on rumors and then sell on news, taking profits just as the rest of the world thinks stocks should be rising.

WSJ pC1 "After Alcoa, market Signs Appear Solid" by Kelly Evans says Alcoa is expected to report earnings of 11 cents a share, compared with a loss of 59 cents a year earlier, and rev up 25% to $5.2 bil.

Fin Times p22 says Alcoa is expected to report earnings of 13 cents pe share up from 59 cents per share a year ago.

NYT pB2 says Alcoa reports earnings on Mon, Intel on Tues, JPMorgan Chase on Wed, and Bank of America and GE on Friday.

American Express AXP $43.88 0.19 0.43% 6,613,759 NYSE: No mentions found.

Bank of America BAC $18.59 -0.06 0.32% 135,105,183 NYSE: NYT pB2 says Alcoa reports earnings on Mon, Intel on Tues, JPMorgan Chase on Wed, and Bank of America and GE on Friday.

Boeing BA $72.42 +0.14 0.19% 3,339,633 NYSE: No mentions found.

Caterpillar CAT $65.27 +0.79 1.23% 6,022,809 NYSE: No mentions found.

Chevron CVX $79.5 +1.84 2.37% 9,797,243 NYSE: No mentions found.

Cisco CSCO $26.6 +0.32 1.22% 34,609,982 NASDAQ-GS: No mentions found.

Coca-Cola KO $54.59 +0.83 1.54% 10,275,457 NYSE: No mentions found.

Disney DIS $36.22 +0.55 1.54% 21,316,576 NYSE: No mentions found.

DuPont DD $39.19 +0.05 0.13% 4,957,638 NYSE: No mentions found.

ExxonMobil XOM $68.76 +0.90 1.33% 21,096,732 NYSE: No mentions found.

GE $18.52 -0.04 0.22% 54,578,135 NYSE: NYT pB2 says Alcoa reports earnings on Mon, Intel on Tues, JPMorgan Chase on Wed, and Bank of America and GE on Friday.

Home Depot HD $33.25 +0.28 0.85% 13,036,882 NYSE: No mentions found.

Hewlett-Packard HPQ $53.87 +0.24 0.45% 7,464,015 NYSE: NYT pB6 "After iPad, Rivals Offer Variations on a Theme" by Ashlee Vance, Nick Bilton says Apple's iPad is provoking PC makers and non-PC makers, to fight back with new devices. Google is expected to begin selling its version of a slate computer, while Nokia will also enter the digital book market with a slate e-reader. Microsoft is flirting with the idea of selling its own version of a slate, joining traditional computer firms like Hewlett-Packard that have already committed to such products. HP's version of the iPad is expected to be released by midyear and will have a camera, as well as ports or add on devices like a mouse and it will run the complete Internet including videos. Microsoft has leaked videos of its prototype slate, called Courier which is as big as an ordinary paperback and folds out to reveal 2 screen that allows you to take notes with a pen and drag content between the screens.

Intel INTC $22.55 +0.24 1.08% 45,377,407 NASDAQ-GS: NYT pB2 says Alcoa reports earnings on Mon, Intel on Tues, JPMorgan Chase on Wed, and Bank of America and GE on Friday.

IBM $128.76 +1.15 0.9% 5,172,677 NYSE: No mentions found.

J.P.Morgan Chase JPM $45.98 +0.22 0.48% 22,818,127 NYSE: Fin Times p22 says JPMorgan Chase kicks off the first quarter results seasonf or large US banks on Wed with investors hoping for a turning point from the day days of the financial crisis. Markets will look to JPMorgan showing signs that the bank is ready to raise its dividend and release some of the billions of dollars in reserves needed to cushion losses in its consumer division during the turmoil. Analysts expect net income to be about $2.6 bil, ahead of the $1.5 bil of 1qtr last year with earnings per share of 64 cents compared with 63 cents a year ago.

NYT pB2 says Alcoa reports earnings on Mon, Intel on Tues, JPMorgan Chase on Wed, and Bank of America and GE on Friday.

Johnson & Johnson JNJ $65.14 +0.21 0.32% 6,960,933 NYSE: No mentions found.

Kraft KFT $30.24 +0.11 0.37% 11,309,603 NYSE: No mentions found.

McDonald's MCD $68.68 -0.08 0.12% 5,622,049 NYSE: No mentions found.

Merck MRK $36.97 +0.19 0.52% 10,019,335 NYSE: No mentions found.

Microsoft MSFT $30.34 +0.42 1.4% 54,657,733 NASDAQ-GS: NYT pB6 "After iPad, Rivals Offer Variations on a Theme" by Ashlee Vance, Nick Bilton says Apple's iPad is provoking PC makers and non-PC makers, to fight back with new devices. Google is expected to begin selling its version of a slate computer, while Nokia will also enter the digital book market with a slate e-reader. Microsoft is flirting with the idea of selling its own version of a slate, joining traditional computer firms like Hewlett-Packard that have already committed to such products. HP's version of the iPad is expected to be released by midyear and will have a camera, as well as ports or add on devices like a mouse and it will run the complete Internet including videos. Microsoft has leaked videos of its prototype slate, called Courier which is as big as an ordinary paperback and folds out to reveal 2 screen that allows you to take notes with a pen and drag content between the screens.

Pfizer PFE $17.25 +0.11 0.64% 43,872,330 NYSE: No mentions found.

Procter & Gamble PG $62.73 +0.17 0.27% 9,118,794 NYSE: WSJ pB1 "Makers of Basics Pour Out Ads" by Ellen Byron says as wry Americans start to crack open their wallets, household goods markers like Procter & Gamble,Ccolgate-Palmolive, Kimberly Clark and Clorox are increasing their advertising, hoping to coax consumers farther out of their shells. P&G, the world's biggest ad spender, plans a 20% increase in consumer impressions or instances when consumers sees its ads during the fiscal year ending June 30. It makes Pampers diapers, Crest toothpaste and Pantene shampoo.

3M MMM $83.49 +0.54 0.65% 2,879,126 NYSE: No mentions found.

Travelers TRV $52.4 +0.14 0.27% 3,396,745 NYSE: No mentions found.

United Technologies UTX $73.99 +0.29 0.39% 2,809,359 NYSE: No mentions found.

Verizon VZ $30.08 -0.08 0.27% 19,707,034 Dual Listed: WSJ pB5 "Union Pushes Back on Verizon" by no-byline says Verizon Communications is trying to sell a large part of its landline phone system but is running into problems. It expects to close by the middle of the year a $8.6 bil deal to sell 4.8 mil landlines in 14 states to Frontier Communications Corp but the Communications Workers of America uion opposes the deal because it fears the spinoff will place a heavy financial burden on Frontier causing it to cut jobs.

WalMart WMT $55.07 -0.31 0.56% 12,534,019 NYSE: WSJ pC8 "Investor Best On Supervalu May Be That" by John Jannarone says Supervalu shares are up nearly 30% but are still trading on a multiple of just 8.4 times compared with Kroger at 13 times earnings consensus and Safeway at 14 times. Grocer stocks have surged on hopes an economic rebound will lure shoppers back to supermarkets from discounters like WalMart Stores.

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Here are the current CEOs of the Dow 30 Companies:

AT&T T Randall L. Stephenson
Alcoa AA Klaus Kleinfeld
American Express AXP Kenneth I. Chenault
Bank of America BAC Brian T. Moynihan
Boeing BA W. James McNerney, Jr.
Caterpillar CAT Douglas Oberhelman
Chevron CVX John Watson
Cisco CSCO John Chambers
Coca Cola KO Muhtar Kent
Disney DIS Robert Iger
DuPont DD Ellen Kullman
ExxonMobil XOM Rex W. Tillerson
GE Jeffrey R. Immelt
Hewlett-Packard HPQ Mark Hurd
Home Depot HD Frank Blake
Intel INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPMorgan Chase JPM Jamie Dimon
Johnson & Johnson JNJ William C. Weldon
Kraft KFT Irene Rosenfeld
McDonald's MCD Jim Skinner
Merck MRK Robert Clark
Microsoft MSFT Steve Ballmer
Pfizer PFE Jeffrey Kindler
Procter & Gamble PG Bob McDonald
3M MMM George W. Buckley
Travelers TRV Jay S. Fishman
United Technologies UTX Louis Chenevert
Verizon VZ Ivan Seidenberg
Wal-Mart WMT Mike Duke

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest billion as of 4/1/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $317 [5]
2. Microsoft MSFT 257 [9]
3. WalMart WMT 212 [4]
4. GE 200 [10.5]
5. Procter & Gamble PG 184 [3]
6. Johnson & Johnson JNJ 180 [3]
7. BAC 179 [10]
8. JPMorgan Chase 178 [4]
9. IBM 167 [1]
10. AT&T 153 [6]
11. Chevron CVX 152 [2]
12. Cisco CSCO 149 [6]
13. Pfizer PFE 138 [8]
14. Coke KO 127 [2]
15. Hewlett-Packard HPQ 125 [2]
16. Intel INTC 123 [5.5]
17. Merck MRK 116 [3]
18. Verizon VZ 88 [3]
19. McDonald's MCD 72 [1]
20. United Technologies UTX 69 [1]
21. Disney DIS 67 [2]
22. 3M MMM 59 [.5]
23. Home Depot 55 [2]
24. Boeing BA 55 [1]
25. American Express AXP 49 [1]
26. Kraft KFT 45 [1.5]
27. Caterpillar CAT 39 [.5]
28. DuPont DD 34 [1]
29. Travelers 27 [.5]
30. Alcoa AA 15 [1]

Here are the latest SEC filings as of 4/1/10 market open other than ownership filings, registration of shares for employee benefit plans, free writing prospectuses 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: 3/26/10 8K re: its intent to take a non-cash charge of approximately $1 billion in the first quarter of 2010 to reflect the impact of the health care reform legislation.

Alcoa AA: 3/2/10 Add'l def. proxy materials

American Express AXP: 3/18/10 Add'l def. proxy materials

Bank of Am BAC: 3/17/10 Add'l def. proxy materials

Boeing BA: 3/31/10 8K re: charge off re: income tax charge of approximately $150 million as a result of the Patient Protection and Affordable Care Act, as modified by the Health Care and Education Reconciliation Act.

Caterpiller CAT: 3/24/10 8K re: charge off as a result of the Patient Protection and Affordable Care Act (H.R. 3590) signed into law on March 23, 2010

Chevron CVX: 3/31/10 Add'l def. proxy soliciting material

Cisco CSCO: 2/17/10 10Q Quarterly Report

Coke KO: 3/22/10 8K re: transactions related to CCE transaction.

Disney DIS: 3/16/10 8K re: amendment to stock option plan & by-laws

DuPont DD: 3/19/10 Def. add'l proxy materials

ExxonMobil XOM: 3/29/10 8K re: its 2009 Financial and Operating Review

GE: 3/25/10 8K re: credit agreement with lenders led by JPMorgan Chase re: the transaction wherein GE and Comcast will form a joint venture which will consist of the NBCU businesses and Comcast’s cable networks.

Hewlett-Packard HPQ: 3/23/10 8K re: amendment of its Stock Incentive Plan

Home Depot HD: 4/7/10 Proxy Statement

3/25/10 10K Annual Report

Intel INTC: 3/22/10 8K re: John Thornton will not stand for reelection at the Company’s Annual Stockholders’ Meeting to be held on May 19, 2010

IBM: 3/25/10 Add'l def. proxy soliciting materials

JPMorganChase JPM: 3/31/10 Def. add'l proxy materials

Kraft KFT: 3/30/10 Definitive Add'l Proxy material

McDonalds MCD: 3/9/10 8K re: Press release "McDonald’s Global Comparable Sales Increased 4.8% in February"

Merck MRK: 3/11/10 8K re: amendment to the Call Option Agreement among Merck, Merck Sharp & Dohme and sanofi-aventis re: the option granted by Merck to sanofi-aventis to acquire 50% of Merck’s animal health business.

Microsoft MSFT: 1/28/10 10Q.

Pfizer PFE: 3/16/10 Add'l Proxy Materials

Procter & Gamble PG: 2/18/10 8K re: FD disclosures re: guidance given at an analyst conference

3M MMM: 3/26//10 8K re: one-time charge it expects to take in the first quarter of 2010 as a result of the Patient Protection and Affordable Care Act signed by the President on March 23, 2010.

Travelers TRV: 3/17/10 Add'l Proxy Materials

United Technologies UTX: 3/24/10 Add'l proxy solicitation materials

2/26/10 Def. Proxy Statement

Verizon Communications Inc. VZ: 3/30/10 Proxy Statement

WalMart WMT: 3/30/10 10K Annual Report