Monday, October 11, 2010

10/11/10 Mon am Earnings Rpts: Intel Tues; JPM Wed & GE Thurs

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Post No. 675 The following is brought to you by Intellivest Securities Research, Inc. Toward 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 9/12/10 and an update of the Dow 30 component's SEC filings as of 9/12/10.

A read of 10/11/10 Mon. issues of Barron's, Wall St. Journal, Financial Times, New York Times, USA Today, 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 Friday's stock prices and related data.

Dow:The Dow Jones Industrial Average closed Friday at 11,006.48 up 57.9 or 0.53% from Thursday's close of 10,948.58. For the year the Dow is up 5.6%. For the week the Dow is up 176.80 or 1.63% from last Friday's close of 10,829.68. Of the 30 Dow Jones component companies 24 gained and 6 declined. The biggest gainer dollar-wise was Caterpillar CAT $80.37 +1.63 2.07% 10,034,001 NYSE and percentage-wise was Alcoa AA $12.89 +0.69 5.66% 72,607,880 NYSE. The biggest decliner dollar-wise Kraft KFT $30.93 -0.26 0.83% 10,265,708 NYSE and percentage-wise was Bank of America BAC $13.18 -0.13 0.98% 171,284,905 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 0.132129493, the trailing P/E ratio is 14.85 up from Friday's P/E ratio of 14.77 (year ago it was 15.97) the P/E estimate is 13.15 up from Friday's P/E estimate of 12.84 (year ago it was 15.84) and the current dividend yield is 2.56 up from Friday's yield of 2.58 (it was 2.83 a year ago). The Dow's all-time high was 14,164.53 on Oct. 9, 2007. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Friday's Dow Jones Industrial Average closing numerator was 1,454.28 up 7.66 from Thursday's closing numerator of 1,446.62. 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 for today by the divisor (0.132129493) you get the increase in today's Dow. 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 $48.48 up 0.26 from Thursday's Dow Jones Industrial Average average closing price of $48.22. The median closing price of Friday's Dow Jones Industrial Average was $40.23 (HPQ/JPM) up from Thursday's median price of $40.17. The lowest volume was Travelers TRV $52.81 +0.20 0.38% 2,196,620 NYSE and the highest volume again was Bank of America BAC $13.18 -0.13 0.98% 171,284,905 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 havemade $766 ($145,428 - $144,662).

MarketWatch 10/8/10 Friday 4:51 pm by Jonathan Cheng says U.S. stocks ended firmly higher on Friday, with the Dow industrials ending above 11,000 for the first time in five months, after a worse-than-expected jobs report lifted expectations the Federal Reserve will soon boost monetary stimulus. The Dow (DJIA 11,006, +57.90, +0.53%) rose 57.90 points, or 0.5%, to end at 11,006.48, its first close above 11,000 since May 3, just days before the May 6 “flash crash”. The Dow gained 1.6% this week and is now up 5.6% year-to-date. Alcoa, Inc. (AA 12.90, +0.01, +0.08%) shares led the blue-chip index, jumping 5.7% after kicking off earnings season late Thursday with results that exceeded analysts’ expectations. The company also lifted its forecast for global aluminum demand in 2010. The technology-heavy Nasdaq Composite (COMP 2,402, +18.24, +0.77%) rose 0.8% to 2,401.91, adding 1.3% this week. The Standard & Poor’s 500-stock index (SPX 1,165, +7.09, +0.61%) gained 0.6% to 1,165.15, up 1.7% for the week, with the materials and energy leading the way. The stock market’s gains came after the closely watched nonfarm-payrolls report showed a net 95,000 workers lost their jobs in September, a steeper-than-expected decline. “The jobs report didn’t change anyone’s thinking about where we are in this economic recovery,” said Brian Gendreau, market strategist with Financial Network, a financial-advisory firm. And even though the jobs data failed to meet economists’ expectations, stocks are rising because the report is “one more piece of evidence showing the market is pricing in QE2,” referring to the Fed’s potential second round of easing. Read more on jobs report. The private sector added 64,000 jobs, which was less than economists expected and not enough to offset the big cuts in government workers. The government shed temporary census workers, and state and local governments also cut jobs. Doug Cliggott, managing director and U.S. equity strategist at Credit Suisse, said a combination of modest private-sector job growth combined with dragging employment on the state and local government levels could be a trend that continues for many months ahead. “I’m not sure there’s any way around this,” he said. “There are no real silver bullets to accelerate the recovery.” Losses in the chip-equipment industry keep gains in the technology sector in check on Friday after Kulicke & Soffa Industries issues a revenue warning. Friday’s report was a reminder that the U.S. labor market remains in the doldrums 15 months after the recession officially ended. That increases the odds that the Fed will take new steps to jumpstart the economy at its next meeting on Nov. 3.
Anthony Chan, chief economist at J.P. Morgan Private Wealth Management said he expects the report to lead to “more heated” debate within the Fed over further quantitative easing, even after a recent run of encouraging data. “This report just intensifies the heat of the debate; it doesn’t in and of itself serve as the ultimate tipping point,” he said. St. Louis Federal Reserve Bank President James Bullard told CNBC ahead of the jobs data that the Fed would face a difficult decision on whether to begin another round of asset purchases. “The economy has slowed, but it hasn’t slowed so much,” he said, adding that he would go into the meeting “with an open mind”. Treasurys surged, with the yield on the benchmark 10-year note (UST10Y 2.40, +0.01, +0.42%) sinking to 2.39%. Gold rose to $1,345.30 an ounce, while oil registered modest gains. The dollar weakened against its major rivals. It fell to a series of 15-year lows against the yen, weakening as far as 82.10 yen. The greenback also fell against the euro, trading at $1.3927 in late New York trade from $1.3912 late Thursday. The U.S. Dollar Index (DXY 77.18, -0.21, -0.27%) , which measures the greenback against a basket of six currencies, fell 0.2%. Read more on currencies. Among stocks in focus, shares of Adobe Systems Inc. (ADBE 27.05, +0.06, +0.22%) shares fell 5.9% after Thursday’s sharp rally, as talk of a potential takeover by Microsoft dissipated.
J.C. Penney (JCP 32.90, +0.41, +1.26%) shares jumped 2.7% after activist investor William Ackman’s Pershing Square Capital Management reported a 16.5% stake in the department store operator. In its filing, Pershing Square said it owns 39.1 million shares, including options, making it the retailer’s largest holder Read more on Pershing takes big stake in J.C. Penney.

Friday's Dow closing numbers:

AT&T T $28.22 -0.03 0.11% 24,796,253 NYSE: WSJ pC1 "Investors get pumped with the barbell" by Kelly Evans Usually defensive and cyclical stocks don't do well at the same time but in the recent rally both defensive and cyclical stocks did well such as Pfizer, McDonalds and AT&T. Defensive sectors like health care and telecom offer a high dividend, Verizon yields 5.8% & Merck offers 4.1%.

Barron's p 8 "Week Preview" says Apple is making a version of the iPhone tha will be compatible with Verizon's Wireless Network, ending its exclusive contract with AT&T and will be available early next year.

Alcoa AA $12.89 +0.69 5.66% 72,607,880 NYSE:

American Express AXP $37.99 +0.17 0.45% 13,121,414 NYSE:

Bank of America BAC $13.18 -0.13 0.98% 171,284,905 NYSE: WSJ pC1 "Banks lose their post as drivers of the rally" by Jonathan Cheng says the recent rally has left behing the big banks including Bank of America which tumbled 8.8% in 3Q and JPMorgan which was little changed.

WSJ pA3 "Foreclosures, forestalled" by Robbie Whelan says on Fri Bank of America siad it would stop foreclosure in all 50 states and JPMorgan and others have already suspended some foreclosures.

Boeing B> $69.23 +0.77 1.12% 3,198,152 NYSE: WSJ pB2 "CEOs gathering for fall group think" by Doug Cameron says the Business Council is meeting in Chicago on thurs and this group is chaired by Caterpillar's Jim Owens & includes Boeing's james McNerney and JPM's Jamie Dimon.

Caterpillar CAT $80.37 +1.63 2.07% 10,034,001 NYSE: WSJ pB2 "CEOs gathering for fall group think" by Doug Cameron says the Business Council is meeting in Chicago on thurs and this group is chaired by Caterpillar's Jim Owens & includes Boeing's james McNerney and JPM's Jamie Dimon.

Chevron CVX $83.94 +0.42 0.5% 6,844,987 NYSE: No mentions found.

CSCO $22.48 +0.09 0.4% 37,517,909 NASDAQ-GS: WSJ pB1 "Security proposal stirs defense firms" by Shayndi Rice says a little noticed provision int he annual defense spending bill would prevent gov contractors including Cisco & Hewlett-Packard from using certain offshore suppliers for key components and the gov doesn't even have to say why although it will have something to do with security risks.

Barron's p35 "Tech Trader" by Eric Savitz says Cisco last week introduced a product called umi which turns your HD tv and broadband Internet connection into a home video conferencing system.

Coke KO $59.41 -0.03 0.05% 8,026,211 NYSE: Hartocollis says while Mayor Bloomberg is trying to get permission from the federal gov for a 2 year ban on the use of food stamps for sugared drinks, he provides Coke and other sugar drinks for his employees at Bloomberg.

Disney DIS $34.51 +0.60 1.77% 12,845,254 NYSE:

DuPont DD $46.66 +0.43 0.93% 7,474,779 NYSE: No mentions found.

Exxon XOM $64.38 +0.53 0.83% 22,177,073 NYSE: No mentions found.

GE $17.12 +0.07 0.41% 51,143,966 NYSE: NYT Pb2 "Corp earnings" says Intel reports earnings on Tues, JPMorgan on Wed & GE on Fri.

Barron's p9 "Week Preview" says on Monday 10/11/10 Microsoft will launch its mobile phone platform for Windows 7, on Tuesday Intel reports earnings for 3Q with consensus estimates being .50 compared with a year ago of .33; on Tues 10/12 Walmart begins its meeting for investors, & 10/15 GE reports results before the market opens.

Hewlett-Packard HPQ $41.15 +0.34 0.83% 18,730,883 NYSE: WSJ pB1 "Security proposal stirs defense firms" by Shayndi Rice says a little noticed provision int he annual defense spending bill would prevent gov contractors including Cisco & Hewlett-Packard from using certain offshore suppliers for key components and the gov doesn't even have to say why although it will have something to do with security risks.

Home Depot HD $31.89 +0.15 0.47% 10,509,540 NYSE: No mentions found.

Intel INTC $19.52 +0.12 0.62% 46,165,040 NASDAQ-GS: WSJ pB2 "Earnings", NYT Pb2 "Corp earnings" say Intel reports earnings on Tues, JPMorgan on Wed & GE on Fri.

Barron's p9 "Week Preview" says on Monday 10/11/10 Microsoft will launch its mobile phone platform for Windows 7, on Tuesday Intel reports earnings for 3Q with consensus estimates being .50 compared with a year ago of .33; on Tues 10/12 Walmart begins its meeting for investors, & 10/15 GE reports results before the market opens.

IBM $138.85 +0.13 0.09% 4,495,952 NYSE: No mentions found.

JPMorgan JPM $39.31 -0.21 0.53% 27,896,655 NYSE: Fin Times p24 "JPMorgan poised to begin flat trend" says JPMorgan's results on Wed will be lacklustre.

NYT Pb2 "Corp earnings" says Intel reports earnings on Tues, JPMorgan on Wed & GE on Fri.

WSJ pC1 "Banks lose their post as drivers of the rally" by Jonathan Cheng says the recent rally has left behing the big banks including Bank of America which tumbled 8.8% in 3Q and JPMorgan which was little changed.

WSJ pA3 "Foreclosures, forestalled" by Robbie Whelan says on Fri Bank of America siad it would stop foreclosure in all 50 states and JPMorgan and others have already suspended some foreclosures.

WSJ pB2 "CEOs gathering for fall group think" by Doug Cameron says the Business Council is meeting in Chicago on thurs and this group is chaired by Caterpillar's Jim Owens & includes Boeing's james McNerney and JPM's Jamie Dimon.

Johnson & Johnson JNJ $63.23 +0.01 0.02% 6,965,192 NYSE: Barron's pM12 "The Trader" by Sandra Ward says m&A activity picked up and mentions that Johnson & Johnson offered $2.5 bil for Dutch vaccines maker Crucell.

Kraft KFT $30.93 -0.26 0.83% 10,265,708 NYSE: No mentions found.

McDonald's MCD $76.1 0.24 0.32% 4,081,753 NYSE: WSJ pC1 "Investors get pumped with the barbell" by Kelly Evans Usually defensive and cyclical stocks don't do well at the same time but in the recent rally both defensive and cyclical stocks did well such as Pfizer, McDonalds and AT&T. Defensive sectors like health care and telecom offer a high dividend, Verizon yields 5.8% & Merck offers 4.1%.

MRK $36.91 +0.20 0.54% 8,562,822 NYSE: WSJ pC1 "Investors get pumped with the barbell" by Kelly Evans Usually defensive and cyclical stocks don't do well at the same time but in the recent rally both defensive and cyclical stocks did well such as Pfizer, McDonalds and AT&T. Defensive sectors like health care and telecom offer a high dividend, Verizon yields 5.8% & Merck offers 4.1%.

MSFT $24.57 +0.04 0.16% 40,992,075 NASDAQ-GS: WSJ pB2 "This Week", Barron's p9 "Week Preview" says on Monday 10/11/10 Microsoft will launch its mobile phone platform for Windows 7, on Tuesday Intel reports earnings for 3Q with consensus estimates being .50 compared with a year ago of .33; on Tues 10/12 Walmart begins its meeting for investors, & 10/15 GE reports results before the market opens.

Pfizer PFE $17.46 +0.08 0.46% 27,792,537 NYSE: WSJ pC1 "Investors get pumped with the barbell" by Kelly Evans Usually defensive and cyclical stocks don't do well at the same time but in the recent rally both defensive and cyclical stocks did well such as Pfizer, McDonalds and AT&T. Defensive sectors like health care and telecom offer a high dividend, Verizon yields 5.8% & Merck offers 4.1%.

Procter & Gamble PG $61.86 +1.06 1.74% 15,782,670 NYSE:

3M MMM $89.16 +0.26 0.29% 2,246,919 NYSE: No mentions found.

Travelers TRV $52.81 +0.20 0.38% 2,196,620 NYSE: No mentions found.

United Tech UTX $72.91 +0.13 0.18% 3,483,700 NYSE: No mentions found.

Verizon VZ $32.83 -0.10 0.3% 15,126,890 Dual Listed: Barron's p 8 "Week Preview" says Apple is making a version of the iPhone that will be compatible with Verizon's Wireless Network, ending its exclusive contract with AT&T and will be available early next year.

WSJ pC1 "Investors get pumped with the barbell" by Kelly Evans Usually defensive and cyclical stocks don't do well at the same time but in the recent rally both defensive and cyclical stocks did well such as Pfizer, McDonalds and AT&T. Defensive sectors like health care and telecom offer a high dividend, Verizon yields 5.8% & Merck offers 4.1%.

WalMart WMT $54.41 +0.05 0.09% 8,715,462 NYSE: Barron's p9 "Week Preview" says on Monday 10/11/10 Microsoft will launch its mobile phone platform for Windows 7, on Tuesday Intel reports earnings for 3Q with consensus estimates being .50 compared with a year ago of .33; on Tues 10/12 Walmart begins its meeting for investors, & 10/15 GE reports results before the market opens.

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Here are the current CEOs of the Dow 30 Companies:

AT&T T Randall L. Stephenson (Dallas, TX)
Alcoa AA Klaus Kleinfeld (NY, NY)
American Express AXP Kenneth I. Chenault (NY, NY)
Bank of America BAC Brian T. Moynihan (Charlotte, N.C.)
Boeing BA W. James McNerney, Jr. (Cyhicago, Ill)
Caterpillar CAT Douglas Oberhelman (Peoria, Ill.)
Chevron CVX John Watson (San Ramon, CA)
Cisco CSCO John Chambers (San Jose, CA)
Coca Cola KO Muhtar Kent (Atlanta, GA)
Disney DIS Robert Iger (Burbank, CA)
DuPont DD Ellen Kullman (Wilmington, DE)
ExxonMobil XOM Rex W. Tillerson (Irving, Tx)
GE Jeffrey R. Immelt (Fairfield, CT)
Hewlett-Packard HPQ Leo Apotheker (Palo, Alto, CA)
Home Depot HD Frank Blake (Atlanta, GA)
Intel INTC Paul S. Otellini (Santa Clara, CA)
IBM Samuel J. Palmisano (Armonk, NY)
JPMorgan Chase JPM Jamie Dimon (NY, NY)
Johnson & Johnson JNJ William C. Weldon (New Brunswick, NJ)
Kraft KFT Irene Rosenfeld (Northfield, Ill.)
McDonald's MCD Jim Skinner (Oak Brook, Ill)
Merck MRK Richard Clark (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
Pfizer PFE Jeffrey Kindler (NY, NY)
Procter & Gamble PG Bob McDonald (Cincinnati, OH)
3M MMM George W. Buckley (St. Paul, MN)
Travelers TRV Jay S. Fishman (NY, NY)
United Technologies UTX Louis Chenevert (Hartford, CT)
Verizon VZ Ivan Seidenberg (NY, NY)
Wal-Mart WMT Mike Duke (Bentonville, ARK)

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest 1/2 billion as of 9/12/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $311.5 [5]
2. Microsoft MSFT 209 [9]
3. WalMart WMT 189 [3.5]
4. Procter & Gamble PG 171 [3]
5. GE 171 [10.5]
6. Johnson & Johnson JNJ 165 [3]
7. AT&T T 164.5 [6]
8. IBM 161.5 [1]
9. Chevron CVX 158.5 [2]
10. JPMorgan Chase JPM 157.5 [4]
11. Pfizer PFE 136.5 [8]
12. Bank of America BAC 136 [10]
13. Coke KO 135 [2.5]
14. Cisco CSCO 118 [6]
15. Merck MRK 112.5 [3]
16. Intel INTC 100 [5.5]
17. Verizon VZ 91.5 [3]
18. Hewlett-Packard HPQ 89 [2.5]
19. McDonald's MCD 80 [1]
20. Disney DIS 66 [2]
21. United Technologies UTX 64 [1]
22. 3M MMM 60 [.5]
23. Kraft KFT 53.5 [2]
24. Home Depot 49.5 [1.5]
25.American Express AXP 48 [1]
26. Boeing BA 47 [1]
27. Caterpillar CAT 45 [.5]
28. DuPont DD 38 [1]
29. Travelers 23.5 [.5]
30. Alcoa AA 11.5 [1]

Here are the latest SEC filings as of 9/12/10 other than ownership filings, registration of shares for employee benefit plans, free writing prospectuses and third party shareholder proposals:

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

AT&T T: 9/2/10 8K re: issuance of 5.35% Notes due '40
8/19/10 8K re: agreement with Comm. Workers of America for a new 3 year contract for the 4,000 CWA workers in AT&T's East region
8/18/10 8K re: exchange offer of 5.35% Notes due '40 for outstanding 8.85% Sr. Notes of New Cingular Wireless due '31
8/6/10 10Q re: 2Q results 6/30/10
8/4/10 8K re: offer to exchange New Cingular Wireless Notes
7/30/10 8K re: sale of 2.5% Global Notes due '15
7/22/10 8K re: 2Q earnings
6/25/10 8K: re: amendments to employee compensation plans.

Alcoa AA: 8/24/10 8K re: tender offer for its 6% Notes due '12 & 5.3% Notes due '13
8/23/10 10Q/A amends prior 10Q
8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes
7/27/10 8K re: offering of 6.15% notes due '20
7/23/10 8K re: election of Tony Theme CFO Engineered Products & Graeme Bottger, Controller

American Express AXP: 8/16/10 2 8Ks re: delinquency and write-off statistics
8/5/10 10Q 2Q results 6/30/10
7/22/10 8K 2Q results
7/21/10 8K re: Personnel changes & Board of Dir. elections
7/15/10 8K Delinquency & write-off statistics through 6/30/10

Bank of Am BAC: 8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments
7/27/10 8K re: issuance of Euro Medium Term Notes
7/22/10 8K re: impairment resulting from fin'l reform legislation passed by Congress

Boeing BA: 8/27/10 8K re: delay of delivery of first 787 to mid 1Q '11 due to Rolls Royce Engine supply problems
7/28/10 10Q 2Q 6/30/10
7/28/10 8K re 2Q results
6/10/10 8K re: election of Edward M. Liddy to Board of Dirs. & Audit & Fin. Committees. By-laws were amended to increase number of directors from 12 to 13.

Caterpiller CAT: 8/26/10 10Q/A amends prior 10Q
8/19/10 8K re: July dealer statistics
7/30/10 10Q 1Q 6/30/10
7/22/10 8K (two of them) dealing with 4Q results for period ending 6/30/10
7/22/10 8K: re: dealer statistics
6/18/10 8K re: dealer statistics.
6/17/10 8K re: plans to produce a full range of mining shovels and increase dump truck production.
/11/10 8K re: as previously announced, Board elected Douglas R. Oberhelman as CEO effective 8/1/10.
6/11/10 8K re: results of 6/9 annual meeting of shareholders.
6/1/10 8K re: purchase of Electro-Motive Diesel, Inc. for $820 million in cash from Berkshire Partners LLC and Greenbriar Equity Group LLC.

Chevron CVX: 8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
7/12/10 8K re: updated on 2Q results
6/2/10 8K re: results of 5/26/10 vote at annual meeting for election of Directors & other matters.

Cisco CSCO 9/10/10 Prelim Proxy Stmt re: Annual Shareholders Meeting on 11/18/10 at Santa Clara, Cal.
8/11/10 8K re: 4Q results fiscal year 7/31/10
6/29/108K 6/29/10 10b5-1 re: stock trading plans adopted by insiders

Coke KO 9/27/10 8K re: settlement in Georgia of one of 3 shareholder class action suits challenging takeover of CCE
8/27 & 8/24 8Ks re: refiling of Hart-Scott-Rodino filing & similar filing with Candadian Corp. Bureau to give regulators more time to review acquisition of Coca-Cola Enterprises
8/2/10 10Q 2Q 7/2/10
7/30/10 8K re: refiling of Hart-Scott-Rodino filing re: acquisition of Coca-Cola Enterprises
7/21/10 8K re: 2Q results

Disney DIS 8/10/10 10Q 3Q 6/27/10
8/10/10 8K re: 3Q results

DuPont DD: 7/27/10 10Q 2Q 6/30/10
7/27/10 8K re: 2Q results
4/29/10 8K re: voting results from annual meeting held on 4/28/10.

ExxonMobil XOM: 8/4/10 10Q 2Q 6/30/10
7/29/10 8K re: 2Q results
6/25/10 8K re: completion of its acquisition of XTO Energy Inc.
6/1/10 8K re: voting results from 5/26/10 Annual Meeting of Shareholders

GE: 8/2/10 10Q 1Q 6/30/10
7/16/10 8K re: 2Q reports
6/16/10 8K re; election of James S. Tisch to Board of Directors. He is Pres. & CEO of Loew's.

Hewlett-Packard HPQ: 9/9/10 10Q
9/7/10 8K re; agreement to buy 3Par, Inc.
8/30/10 8K re: Board authorizing add'l $10 bil for share repurchases
8/23/10 8K re: proposal to buy 3Par for $24 per share cash
8/19/10 8K re: reporting 3Q results
8/6/10 8K re: resignation of Mark V. Hurd as chairman, CEO, Pres
8/2/10 8K re: settleemnt with US Dept. of Justice re: Rille Complaint
6/8/10 8K re: 10Q
6/1/10 10Q
6/1/10 8K re: plans to invest $1 billion in its enterprise services business to enhance client experience and better position the business for growth.

Home Depot HD: 9/10/10 re: sale of 3.95% Sr. Note due '20 & 5.4% Sr. Notes due '40
9/2/10 10Q
8/17/10 8K re: 2Q results 8/1/10
6/3/10 10Q
5/25/10 8K re: voting results from 5/20/10 annual meeting of shareholders.

Intel INTC: 8/30/10 8K re: acquisition of Infineion's Wireless Business for $1.4 bil to close 1Q '11
8/27/10 8K re: lower expectations for 3Q result
8/19/10 8K re; transcript of conference call announcing acquisition of McAfee, Inc.
8/4/10 8K re: antitrust settlement with US Dept. of Justice
7/30/10 10Q 2Q 6/26/10
7/22/10 8K re: agreement with FTC to delay antitrust case while settlement talks continue.
7/16/10 8K re: Intel's interest in SMART Technologies Inc. which did an IPO.
7/14/10 8K re: CFO commenting on 2Q results.
7/13/10 8K re: 2Q results.
6/22/10 8K re: agreed upon suspension of FTC admin. proceedings while settlement discussions are held.
5/21/10 8K re: voting results from 5/19/10 annual meeting of stockholders.
5/12/10 8K re: info provided at an Investor meeting by Paul S. Otellini, Pres. & CEO.
5/7/10 8K re: Micron Technology, Inc. completed its acquisition of Numonyx Holdings BV & issued shares of common stock to Numonyx shareholders.

IBM: 8/31/10 8K re: FD disclosure re:change in reporting operating income
8/4/10 8K re: issuance of $1.5 bil of debt
7/27/10 10Q 2Q 6/30/10
7/20/10 8K re: 2Q earnings presentation.
7/19/10 8K re: 2Q results ending 6/30/10.

JPMorganChase JPM: 8/6/10 10Q 2Q 6/30/10
7/22/10 8K re: completion of public offering of debt issues.

Johnson & Johnson JNJ : 8/18/10 8K: re: offer of 2.95% Notes due '20 & 4.5% Notes due '40
8/11/10 10Q 2Q 7/4/10
7/20/10 8K re: 2Q results ending 7/4/10
7/19/10 8K re: Bd of Dirs. election
7/12/10 K re: agreement to buy Micrus Endovascular.

Kraft KFT: 8/19/10 10Q/A amended prior 10Q
8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting

McDonalds MCD: 9/10/10 8K re: global sales in Aug. up 4.9%
8/10/10 8K re: July and end of year sale statistics
8/5/10 10Q 2Q 6/30/10
7/23/10 8K re: 2Q results ending 6/30/10
6/9/10 8K re: year to date sales figures
/24/10 8K re: voting results of 5/20/10 annual shareholders' meeting

Merck MRK: 9/7/10 8K re: arbitration re: Meck's rights to distribute Remicade & Simponi based on agreements from Merck's acquisition of Schering-Plough
8/6/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
7/8/10 8K re: global restructuring program in conjunction with the integration of the Schering-Plough acquisition; reduction of work force by 15% & closing of plants and research sites.
5/28/10 8K re: Kenneth C. Frazier to succeed Richard T. Clark as Pres. Of the Company as of 5/1/10 and Dr. Sam Their's retirement from the Board & voting results from 5/25/10 annual meeting of shareholders.

Microsoft MSFT: 7/30/10 10K year ended 6/30/10
7/22/10 8K re: 4Q results ending 6/30/10.
6/18/10 8K re: sale of $1.25 bil of Zero Coupon Convertible Sr. Notes due '13 (and related 6/9 8K).
5/28/10 8K re: retirement of Robbie Bach, pres. Of Entertainment & Devices Div.

Pfizer PFE: 8/12/10 10Q 2Q 7/4/10
8/3/10 8K re: 2Q results
5/26/10 8K re: retirement of Dr. Martin Mackay, Sr. VP & Pres, Pharma Therapeutics R&D of Pfizer Inc.

Procter & Gamble PG: 8/27/10 Proxy Stmt re: Annual Sahreholder Meeting to be held Tues. 10/12/10 at 9:00 am in Cincinnati, Ohio
8/13/10 10K year ended 6/30/10
8/3/10 8K re: exec comp plans
8/3/10 8K re: 4Q and year end results
7/13/10 8K re: declaration of quarterly dividend.
5/19/10 8K re: closing of 100 bil Euro 0.955 Note Offering due 2015.

3M MMM: 8/30/10 8K re: acquisition of Cogent Inc. for $10.50 per share or $943 mil.
8/4/10 10Q 2Q 6/30/10
7/22/10 8K re: 2Q results
6/28/10 8K re: projected sales range for 2Q '10.

Travelers TRV: 7/22/10 8K & 10Q
6/15/10 8K re: $1 bil 3 year revolving credit agreement.
5/7/10 8K re: voting results of 5/4/10 annual meeting of shareholders
4/23/10 10Q

United Technologies UTX: 8/31/10 8K re: dedemption of 6.35% Notes due '11
8/19/10 8K re: deaprture of EVP Ari Bousbib to become CEO of IMS Health
7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results

Verizon Communications Inc. VZ: 9/10/10 8K re: reclassification of results due to spin off of assets as a result of Alltel acquisition
7/29/10 10Q 2Q 6/30/10
7/27/10 8K re: 2Q results
7/23/10 8K re: 2Q results ending 6/30/10
7/1/10 8K re: completion of acquisition of Frontier Communications Corp. and spin off of shares to VZ shareholders.
6/11/10 8K re: agreement with certain unions.
5/27/10 8K re: record date of 6/7/10 re: proposed spin off of shares of New Communications Holdings.
5/12/10 8K re: voting results from 5/6/10 annual meeting of shareholders.

WalMart WMT: 9/1/10 10Q
8/17/10 8K re: 2Q results 7/31/10
7/7/10 8K re: underwriting to the public of several series of notes.
7/2/10 8K re: departure of John E. Fleming EVP & Chief Merchandising Officer effective 8/1/10.
6/29/10 8K re: appointment of Edwardo Castro-Wright as CEO for global.com & William S. Simon as CEO of Walmart U.S.
6/9/10 8K re: results of 6/4 annual meeting of shareholders.
6/14/10 10Q.