Tuesday, October 26, 2010

10/26/10 Tues am DuPont Reports Today; Dow BrieflyTopped April's 11,205 High


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Post No. 701 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 10/24/10 and an update of the Dow 30 component's SEC filings as of 10/24/10.

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

Dow:The Dow Jones Industrial Average closed Monday at 11,164.05s up 31.39 or 0.28% from Friday's close of 11,132.56. Of the 30 Dow Jones component companies 23 gained and 7 declined. The biggest gainer dollar-wise and percentage-wise was DuPont DD $47.7 +0.87 1.86% 7,645,064 NYSE. The biggest decliner dollar-wise was JPMorgan JPM $37.07 -0.63 1.67% 37,900,828 NYSE and percentage-wise was Bank of Am BAC $11.16 -0.28 2.45% 327,390,846 NYSE.

USA Today p1B "As Dow climbs, experts divided" by Adam Shell says athe Dow Jones are flirting with a new bull market high, but Wall St. is split on whether the rally is sending a green light buy signal or flashing a yellow warning sign. The Dow briefly topped its April 26 high of 11,205 on Mon, only to give back the bulk of its gains and close up 31 points at 11,164. If the Dow can capture a new high, it would mark is loftiest level since Mid Sept. '08, just days before the bankruptcy filing of Lehman Bros. & the start of the credit crisis and economic turbulence.

USA Today p6B "Stocks climb on G-20 currency pledge" by Bloomberg says stocks rose Mon, sending the S&P 500 index to a 4th consecutive gain, after the Group of 20 nations pledged to avoid competitive devaluation of currencies & investors bet that the Fed Res will announce further bond purchases.

As of the open of the market Tuesday, 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 14.10 up from Monday's P/E ratio of 14.07 (year ago it was 16.21) the P/E estimate is 13.25 unchanged from Monday's P/E estimate of 13.25 (year ago it was 16.03) and the current dividend yield is 2.53 down from yesterday's yield of 2.54 (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.

Monday's Dow Jones Industrial Average closing numerator was 1,475.10 up 4.16 from Friday's closing numerator of 1,470.94. 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 Monday's Dow Jones Industrial Average was $49.17 up 0.14 from Friday's Dow Jones Industrial Average average closing price of $49.03. The median closing price of Monday's Dow Jones Industrial Average was $41.09 up 0.14 (HPQ/AXP) from Friday's median price of $40.95. The lowest volume was 3M MMM $90.9 +0.46 0.51% 3,193,069 NYSE and the highest volume was again Bank of America BAC $11.16 -0.28 2.45% 327,390,846 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 $420 ($147,510 - $147,090).

MarketWatch 10/25/10 Monday 4:46 by Kristina Peterson says US stocks extended three weeks of gains Monday as a weaker dollar boosted raw-materials stocks and hopes for further central-bank stimulus helped the market edge higher. The Dow Jones Industrial Average (DJIA 11,164, +31.49, +0.28%) closed up 31.49 points, or 0.3%, to 11,164.05. Entering the month’s final week of trading, the Dow is up 3.5% for October, buoyed by hopes that the Federal Reserve will take further steps to stimulate the economy at its meeting next week. Retail stocks rise after Office Depot says its Chief Executive Steve Odland is leaving and the office-supplies company projects a quarterly profit. RadioShack is the benchmark retail index's sole decliner. “That’s what’s driving the dollar down,” said Scott Armiger, portfolio manager of Christiana Bank & Trust. While that’s helping stocks right now, he worried about the longer-term effects of the Fed’s expected resumption of bond purchasing. “It’s a pain reliever - it will wear off or we’ll run out of pain relievers and then we’ll be left with a huge deficit.” Materials and industrials led the Dow on Monday, as a weak dollar boosted companies with more exports. DuPont (DD 48.00, +0.30, +0.63%) gained 1.9%, Alcoa Inc. (AA 12.90, +0.02, +0.16%) rose 1.3% and Caterpillar (CAT 79.01, -0.04, -0.05%) added 0.9%.
However, financial companies lagged as questions continued regarding major banks’ foreclosure practices. Federal Reserve Chairman Ben Bernanke said in a speech Monday that federal banking regulators expect preliminary results of their review of the nation’s latest foreclosure troubles to be ready next month. Bank of America Corp. (BAC 11.14, -0.02, -0.18%) slid 2.5%, while J.P. Morgan Chase (JPM 37.12, +0.05, +0.14%) shed 1.7%. The Nasdaq Composite (COMP 2,491, +11.46, +0.46%) closed up 11.46 points, or 0.5% to 2490.85. The Standard & Poor’s 500-share index (SPX 1,186, +2.54, +0.22%) rose 2.54 points, or 0.2% to 1185.62.
Stocks rose and the dollar weakened after finance ministers at a meeting of the Group of 20 industrialized and developing nations vowed over the weekend to avoid “competitive devaluation” of their currencies while curbing external imbalances, in a bid to generate more balanced global economic growth. However, the G-20 didn’t announce specific targets for achieving their goal of “rebalancing” the world’s economy away from an overreliance on U.S. consumers buying imported goods.
The U.S. dollar fell against both the yen (USDYEN 80.7900, 0.0000, 0.0000%) and the euro (EURUSD 1.3944, -0.0021, -0.1504%). In a bright note for the U.S. housing market, existing-home sales rose by more than economists had expected in September. Sales of used homes increased 10% to an annual rate of 4.53 million, according to the National Association of Realtors. Investors said the better-than-expected data did little to diminish expectations that the central bank will announce a new round of purchasing Treasurys, or quantitative easing, next week.
“The promise of QE2 has put downward pressure on the dollar and put downward pressure on interest rates,” said Hugh Johnson, chief investment officer of Hugh Johnson Advisors. That’s “about as good a combination as you could ask for for the U.S. economy and earnings,” he said. In a sign of investors’ conviction the Fed will buy more bonds, the government sold five-year Treasury inflation-protected securities Monday at a negative yield for the first time ever. Further quantitative easing is expected to stoke inflation, making the TIPS’ expected return positive over five years. Among stocks in focus, Office Depot Inc. (ODP 4.87, +0.08, +1.67%) shares jumped 3.5% after the office-supply retailer announced that Chairman and Chief Executive Steve Odland will resign in one week. The company also said it will report a surprise third-quarter profit on Wednesday.
Citigroup, Inc. (C 4.20, -0.01, -0.24%) shares rose 2.4% after Goldman Sachs added Citigroup shares to its “conviction buy” list. Goldman analysts noted that Citigroup’s exposure to private-label mortgage-backed securities is “small relative to peers.” CommScope Inc. (CTV 30.20, +0.04, +0.13%) shares surged 30% after the maker of telecommunications infrastructure equipment confirmed that it was in talks that could lead private-equity firm Carlyle Group to buy it for $31.50 a share. Among companies reporting earnings, Boyd Gaming (BYD 8.40, +0.02, +0.24%) added 4.9% after the gambling firm said it won’t exercise its right to match the offer MGM Resorts International (MGM 10.93, -0.06, -0.55%) received for its 50% stake in the Borgata resort in Atlantic City, N.J. The company’s third-quarter profit fell 11%. Texas Instruments (TXN 28.61, -0.37, -1.28%) was up 1.1%, while Amgen gained 0.7% ahead of both companies’ quarterly earnings reports.

Monday's Dow Closing Numbers:
AT&T T $28.36 +0.07 0.25% 17,916,122 NYSE:

Alcoa AA $12.88 +0.16 1.26% 20,538,412 NYSE:

Amex AXP $39.3 +0.27 0.69% 13,588,441 NYSE:

Bank of Am BAC $11.16 -0.28 2.45% 327,390,846 NYSE:

Boeing BA $71.66 +0.40 0.56% 4,802,975 NYSE:

CAT $79.05 +0.72 0.92% 6,484,763 NYSE:

Chevron VX $84.87 +0.32 0.38% 6,757,362 NYSE:

CSCO $23.61 +0.13 0.55% 37,085,774 NASDAQ-GS:

Coke KO $61.01 -0.60 0.97% 10,614,203 NYSE:

DIS $35.46 +0.49 1.4% 11,230,485 NYSE:

DuPont DD $47.7 +0.87 1.86% 7,645,064 NYSE:

Exxon XOM $66.2 -0.14 0.21% 16,516,999 NYSE:

GE $16.06 +0.005 0.03% 53,601,750 NYSE:

Hewlett-PacHPQ $42.88 +0.01 0.02% 13,187,344 NYSE:

HD $31.4 -0.08 0.25% 8,561,589 NYSE:

INTC $19.87 +0.035 0.18% 45,769,323 NASDAQ-GS:

IBM $139.84 +0.17 0.12% 4,870,212 NYSE:

JPMorgan JPM $37.07 -0.63 1.67% 37,900,828 NYSE:

JNJ $63.98 +0.17 0.27% 7,795,426 NYSE:

KFT $32.47 +0.57 1.79% 10,754,049 NYSE:

MCD $78.7 +0.15 0.19% 4,102,987 NYSE:

MRK $37.42 +0.32 0.86% 10,657,202 NYSE:

MSFT $25.19 -0.1875 0.74% 50,912,304 NASDAQ-GS:

Pfizer PFE $17.62 +0.12 0.69% 67,294,163 NYSE:

Procter & Gam PG $63.54 +0.14 0.22% 8,928,504 NYSE:

MMM $90.9 +0.46 0.51% 3,193,069 NYSE:

TRV $55.59 +0.49 0.89% 4,603,109 NYSE:

United Tech UTX $75.01 +0.07 0.09% 4,068,860 NYSE:

Verizon VZ $32.35 +0.26 0.81% 15,572,544 DualListed:

WMT $53.95 -0.11 0.2% 7,963,247 NYSE:


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 10/24/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $338 [5]
2. Microsoft MSFT 219.5 [9]
3. WalMart WMT 196.5 [3.5]
4. Procter & Gamble PG 180 [3]
5. IBM 176 [1]
6. Johnson & Johnson JNJ 176 [3]
7. GE 171.5 [10.5]
8. Chevron CVX 170 [2]
9. AT&T T 167 [6]
10. JPMorgan Chase JPM 149 [4]
11. Coke KO 142 [2.5]
12. Pfizer PFE 140 [8]
13. Cisco CSCO 134 [6]
14. Bank of America BAC 115 [10]
15. Merck MRK 114 [3]
16. Intel INTC 110.5 [5.5]
17. Hewlett-Packard HPQ 97 [2.5]
18. Verizon VZ 95 [3]
19. McDonald's MCD 83.5 [1]
20. United Technologies UTX 69.5 [1]
21. Disney DIS 67 [2]
22. 3M MMM 64.5 [.5]
23. Kraft KFT 55.5 [2]
24. Home Depot 52.5 [1.5]
25. Boeing BA 52 [1]
26. Caterpillar CAT 49 [.5]
27. American Express AXP 47 [1]
28. DuPont DD 42.5 [1]
29. Travelers 26 [.5]
30. Alcoa AA 13 [1]

Here are the latest SEC filings as of 10/24/10 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: 10/21/10 & 10/10/10 2 8K's re: 3Q earnings of $2.08 per share
10/1/10 8K re: settlement with IRS to pay $300 mil re: '08 tax returns
9/3/10 8K re: increasing Board from 12 to 13 & election of Matthew K. Rose as director
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

Alcoa AA: 10/22/10 10Q for 3Q ended 9/30/10
10/12 8K re: transcript of 3Q earnings conference
10/8/10 8K re: 3Q results
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

American Express AXP: 10/21/10 8K re: 3Q results
10/15/10 8K re: delinquency & write-off statistics
10/4/10 8K re: antitrust lawsuit filed by US Dept. of Justice accusing Amex of forcing merchants not to use competitors' services
9/15/10 8K re: delinquency & write-off stats
9/15/10 8K re: changes to certain credit cards
8/16/10 2 8Ks re: delinquency and write-off statistics

Bank of Am BAC: 10/20/108K re: registration of 50,354,545 shares
10/19/10 8K re: 3Q results
10/8/10 8K re: extension of BofA's review of foreclosures in all 50 states
8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments

Boeing BA: 10/10/10 10Q re: 3Q ended 9/30/10
10/10/10 8K re: 3Q results of $1.12 per share
8/27/10 8K re: delay of delivery of first 787 to mid 1Q '11 due to Rolls Royce Engine supply problems

Caterpiller CAT: 10/21/10 8K re: Sept. dealer stats
10/21/10 8K re: 3Q results
9/30/10 8K re: change of prices
9/21/10 8K re: credit facility
9/17/10 8K re: dealer stats

Chevron CVX: 10/12/10 *K re: 3Q fin'l update
9/30/10 8K re: bylaws amendments
8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results

Cisco CSCO 9/28/10 Def. Proxy materials
9/22/10 8K re: stock trading plans for directors
9/21/10 10K for year ended 7/31/10
9/16/10 8K re: award of employee stock options
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

Coke KO 10/19/10 8K re: 3Q fin'l results
10/5/10 8K re: completion of buyout of Coca-Cola Enterprises
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: 10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm
10/3/10 8K re: 3Q earnings'9/28/10 8K re: NBC Universal offer to sell notes in a private placement
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

8/2/10 10Q 1Q 6/30/10
7/16/10 8K re: 2Q reports

Hewlett-Packard HPQ: 10/18/10 8K re: election of Leo Aptheker as Pres/CEO
9/28/10 8K re: outlook for fiscal year '11
9/20/10 8K re: resolving litigation against ex-CEO mark Hurd
9/13/10 8K re: sale of Global Notes
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

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

Intel INTC: 10/13/10 & 10/12/10 2 8Ks re: results for 3Q ended 9/25/10
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.

IBM:10/19/10 & 10/18/10 2 8Ks re: results for 3Q ended 9/30/10
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

JPMorganChase JPM: 10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results
10/13/10 8K re: 3Q results of $1.01 per share
9/15/10 8K re: presentation to a US fin'l services investor conference
8/6/10 10Q 2Q 6/30/10

Johnson & Johnson JNJ : 10/19/10 8K re: results for 3Q ended 10/3/10
10/6/10 SC TO-C re: tender offer to buy Crucell N.V.
10/1/10 8K re; completion of acquisition of Micrus Endovascular Corp.
9/16/10 re: retirement of Colleen Goggins, Worldwide Chair of Consumer Group
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: 10/6/10 & 9/20/10 2 8Ks re: buyback of 5.125% Cadbury Notes due '13
9/15/10 8K re: new global growth strategy
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: 10/21/10 8K re: 3Q earnings rise 12%
9/24/10 8K re: dividend increase of 11% to 0.61 per share
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

Merck MRK:10/14/10 8K re: status of Remicade & Simponi arbitration
9/7/10 8K re: arbitration re: Merck'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.

Microsoft MSFT: 10/22; 10/12; 10/14; 10/1 & 9/30/10 Proxy Statement materials re: Annual Shareholder Meeting to be held on 11/16/10 at 8am at Meydenbauer Center, Bellevue WA
9/27/10 8K re: sale of notes
9/13/10 8K re: resignation of Stephen Elop as Pres. of Microsoft Bus. Div. to become CEO of Nokia
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:10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's pruchase of King Pharmaceuticals, Inc.
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: 10/14/10 8K re: voting results from 10/12/10 Annual Shareholders Meeting
10/12/10 8K re: dividend of 0.4818 cents per share
10/12/10 8K re: CEO's address at Annual Shareholders Meeting
8/27/10 Proxy Stmt re: Annual Shareholder 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.

3M MMM:10/8/10 SC TO-T/A re: tender offer statement re: Cogent offer
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:10/21/10 8K & 10Q re: 3Q ended 9/30/10
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

United Technologies UTX:10/20/10 8K re: 3Q results
9/24/10 8K re: departure of certain officers
8/31/10 8K re: redemption of 6.35% Notes due '11
8/19/10 8K re: departure 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: 10/22/10 8K re: 3Q results
10/18/10 8K re: in'l info re: divestitures relating to 1/09 acquisition of Alltel Corp.
9/20/10 8K re: appointment of Verizon Wireless Pres/CEO Lowell C. McAdams as Pres/COO of Verizon Communications effective 10/1/10
9/13/10 8K re: retirement of John F. Killian as CFO
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:10/22/10 8K re: issuance of Notes due 2013
9/29/10 8K re: election of Charles Holley as CFO
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.