11/17/10 Wed am Home Depot & WalMart's Profits Rise; Microsoft's Annual Meeting Tues Discussed Break-Up

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Post No. 734 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, Investor's Business Daily, 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 Tuesday's stock prices and related data.

Dow:The Dow Jones Industrial Average closed Tuesday at 11,023.5 down 178.47 or 1.59% from Monday's close of 11,201.97. For the year the Dow is up 5.71%. Of the 30 Dow Jones component companies 28 gained and Home Depot and Walmart declined. The biggest gainer dollar-wise and percentage-wise was Home Depot HD $31.71 +0.32 1.02% 25,597,001 NYSE. The biggest decliner dollar-wise was Chevron CVX $82.48 -2.38 2.8% 12,090,642 NYSE and percentage-wise was Travelers TRV $54.73 -2.05 3.61% 7,400,847 NYSE.

WSJ pC1 "Dow drops 178.47 in a global selloff" by E.S. Browning says global stock markets' stedy march higher was interrupted by concerns about growth in Cina, debt in Europe & the Fed Res' $600 bil plan to stimulate the US economy.

WSJ pC5 "Alcoa, Travelers lead Dow's drop" by Kristina peterson says energy stocks were among the market's biggest losers in Tuesday's stock market slide, but some retailers bucked the downward trend after reporting encouraging results. Travelers was the weakest Dow stock sliding 3.6%. Alcoa was among the worst performing of the Dow's 30 falling 37 cents on concern that the push to limit growth in China could lead to lower demand for aluminum. Home Depot was the Dow's strongest performer, rising 32 cents afer boosting its earning expectations for the year.

Fin Times p24 "Show of strength by retailes fails to halt wider retreat" by Hannah Kuchler says concerns about the risks of Chinese inflation & European sovereign debt overshadowed increases in forecasts from US retailers Walmart and Home Depot.

NYT pB12 "Sahres drop on Wall St amid global worries" by Graham Bowley says worries about Europe's debt crisis & possible moves by authorities in Asia to slow fast paced growth swept the worlds markets on Tues & pushed stocks in the US sharply lower.

USA Today p5B "Investors sell on overseas debt worries" by Bloomberg says US stocks sank Tues sending the S&P 500 index to its biggest slump since Aug, amid concern that the debt crises in Ireland & Greece are worsening and that Chian will act to slow its economy. Walmart and Home Depot bucked the down trend after they reported 3Q profits.

As of the open of the market Wednesday, the current divisor for the Dow Jones Industrial Average found at page C4 of Mon's Wall St. Journal is 0.132129493. The trailing P/E is 14.07 down from Tuesday's 14.32 (year ago it was 18.08); the P/E estimate is 13.22 unchanged from Tuesday's 13.22 (year ago it was 15.82) and the dividend yield is 2.58 up from Tuesday's 2.54 (last year it was 2.67). 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.

Tuesday's Dow Jones Industrial Average closing numerator was 1,456.53 down 23.58 from Monday's closing numerator of 1,480.11. 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 decrease for today by the divisor (0.132129493) you get the decrease 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 Tuesday's Dow Jones Industrial Average was $48.55 down 0.89 from Monday's Dow Jones Industrial Average average closing price of $49.34. The median closing price of Tuesday's Dow Jones Industrial Average was $41.86 (AXP/HPQ) down 0.52 from Monday's closing median price of $42.62. The lowest volume was 3M MMM $84.24 -1.96 2.27% 5,685,008 NYSE and the highest volume was again Bank of America BAC $11.94 -0.16 1.32% 216,286,167 NYSE.

If Tuesday 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 lost $2,358 ($148,011 - $145,653.)

MarketWatch Tuesday 11/16/10 4:23 pm by Kate Gibson Gibson says U.S stocks on Tuesday took their biggest single-day hit in more than three months as investors fretted about Ireland’s debt crisis and possible rate hikes in China. “The negative investor sentiment today is really the fault of the Irish, you’ve got the unresolved issue of Ireland’s terms of access to that emergency financial stabilization fund, and the market is trying to force a conclusion,” said Jeff Kleintop, chief market strategist at LPL Financial. “That lingering uncertainty over the fate of Ireland is certainly weighing on the euro, it’s weighing on the economic outlook for the euro-zone in total, the profit prospects for global companies and of course weighing on demand expectations for commodities,” Kleintop said. Two bright spots in the U.S. are Wal-Mart and Home Depot, but the fundamental picture still looks murky. The Dow Jones Industrial Average (DJIA 11,024, -178.39, -1.59%) tumbled 178.47 points, or 1.6%, to 11,023.5. Earlier in the session, the index fell more than 200 points, marking its first intraday lapse below 11,000 since Oct. 20. A close below 11,000 would have been its first since Oct. 19. Home Depot Inc. (HD 31.71, +0.32, +1.02%) and Wal-Mart Stores Inc. (WMT 54.26, +0.31, +0.57%) were the sole advancers among the Dow’s 30 components after both major retailers reported improved earnings. Continuing its losing streak into a fourth consecutive session, its longest such stretch since the end of August, the S&P 500 Index (SPX 1,178, -19.41, -1.62%) was off 19.41 points, or 1.6%, to 1,178.34, with natural-resource firms and the energy sector hardest hit among its 10 industry groups. The Nasdaq Composite Index (COMP 2,470, -43.98, -1.75%) declined 43.98 points, or 1.8%, to 2,469.84. For every stock that gained six fell on the New York Stock Exchange, where nearly 1.4 billion shares traded. Tallying its second severe selloff in three days, China’s Shanghai Composite skidded 4%. South Korean shares also dropped after a rate hike by the Bank of Korea. “People look at China as a consumer of goods, a source for exports, so the ripple effect with trying to deliberately slow the economy, that’s the fear,” said Marc Pado, U.S. market strategist at Cantor Fitzgerald. Moves by Asian nations that are contending with robust growth stood in contrast to concerns in Europe and the U.S., with the latter trying to push interest rates lower to spur lending and spending.
The U.S. government reported Tuesday that wholesale prices climbed less than expected in October, up 0.4%, bolstering the Federal Reserve’s take that inflation remains low due to slow economic growth. Without food and energy costs, prices fell 0.6%. A potential bailout for Ireland was on the agenda as European finance ministers gathered in Brussels. Read more about Ireland bailout talk. “We’ve seen yields on the 10-year Irish government bonds rise to about where Greek bonds yielded before they got a euro-zone bailout, Ireland’s stalling since they’re worrying about what strings might be attached to that aid and fear that Germany might pressure Ireland to raise their corporate tax rates,” said LPL’s Kleintop. Ireland’s fiscal trouble weighed on the euro and helped push the dollar higher against its currency rivals, with the dollar (DXY 79.20, +0.69, +0.87%) lately up to 79.188. “We have been benefiting from a weaker dollar,” said Pado, pointing to higher overseas sales for U.S. companies like General Electric Co. (GE 15.85, -0.01, -0.06%), which derives half of its revenue internationally. A cheaper dollar lowers the cost of a company’s goods and services for holders of other currencies. “We want a strong currency, but not so strong as to hurt export business,” said Pado, who believes U.S. exports begin to take incremental hits once the dollar index gets above 80. In U.S. corporate news, home-improvement retailer Home Depot said its earnings rose 21% in the third quarter, although sales growth remained lackluster as consumers bypassed big-ticket purchases. Read about Home Depot’s results. Discount giant Wal-Mart’s results were helped by robust international business, as its quarterly profit was up 9.3%. See more on Wal-Mart. General Motors (GM 0.00, 0.00, 0.00%) hiked the proposed price range for its upcoming initial public offering to $32 to $33 a share from an initial range of $26 to $29. At the midpoint of the new range, GM would raise $13.6 billion, which would make it the second-richest common-stock IPO in U.S. history, behind Visa Inc.

Tueday's Closing Dow Numbers and Wednesday's News:

AT&T T $28.24 -0.39 1.36% 25,393,443 NYSE: No mentions found.

Alcoa AA $13.03 -0.37 2.76% 32,900,071 NYSE: WSJ pC5 "Alcoa, Travelers lead Dow's drop" by Kristina peterson says energy stocks were among the market's biggest losers in Tuesday's stock market slide, but some retailers bucked the downward trend after reporting encouraging results. Travelers was the weakest Dow stock sliding 3.6%. Alcoa was among the worst performing of the Dow's 30 falling 37 cents on concern that the push to limit growth in China could lead to lower demand for aluminum. Home Depot was the Dow's strongest performer, rising 32 cents afer boosting its earning expectations for the year.

Amex AXP $41.93 -0.77 1.8% 11,337,637 NYSE: No mentions found.

Bank of America BAC $11.94 -0.16 1.32% 216,286,167 NYSE: Daily Report p6 "CEO: BofA in hand to hand combat over putbacks" by Bloomberg says Bank of America CEO Brian T. Moynihan said resolving investor demands for refunds over faulty mortgages ia a battle tht will last at lest several more quarters.

Boeing BA $62.78 -0.83 1.3% 9,584,489 NYSE: WSJ pB5 "Boeing remains uncertain on plan for new 787 tests" by Peter Sanders, USA Today p1B "Boeing: still no timetable for 787 flights" say Boeing doesn't know when flight testing will resume on the 787 as one of its 787's returned to Seattle. On Nov 9 the fleet of 6 787's was on a routine fight testing when a fire broke out on one of the planes during the final approach to Laredo, Tx. The test crew of 42 did a chute evacuation after landing. Boeing is installing a new power panel made by Boeing supplier Hamilton Sundstand, a unit of United Technologies.

NYT pB1 "Jet makers waver on upgrades" byChristopher Drew says Airbus and Boeing have turned more cautious in responding to pressure from the airlines to develop more fuel efficient substitutes for their smaller planes, the 737 and A320, which make up 3/4 of the fleets at the largest airlines. Airbus would have to invest up to $2 bil and Boeing twice that to develop more fuel efficient engines.

Caterpillar CAT $80.37 -1.45 1.77% 12,468,636 NYSE: Fin Times p16 "Caterpillar becomes a mover & a shaker" by Hal Weitzman says Caterpillar's pending purchase of Bucyrus and last month its purchase of German engine maker MWM is setting Caterpillar up to be a one stop shop for industry.

Chevron CVX $82.48 -2.38 2.8% 12,090,642 NYSE: No mentions found.

CSCO $19.435 -0.515 2.58% 212,096,289 NASDAQ-GS: WSJ pC1 "Why an inflaionary out reak isn't likely" by Kelly Evans says on Wed the Labor Dept's release of he Oct consumer price index is expected to show a 0.3% uptick in the gen'l price level from Sept. Firms from Cisco to Wendy's are reluctant to raise prices, even if their own costs are climbing. Walmart is cutting costs and offering free online shipping to lure holiday shoppers.

Coke KO $62.08 -0.88 1.4% 11,804,229 NYSE: No mentions found.

Disney DIS $36.92 -0.33 0.89% 12,142,511 NYSE: No mentions found.

DuPont DD $45.68 -0.63 1.36% 9,108,045 NYSE: No mentions found.

Exxon XOM $68.94 -1.54 2.19% 27,524,999 NYSE: No mentions found.

GE $15.86 -0.34 2.1% 73,451,881 NYSE: No mentions found.

Hewlett-Packard HPQ $41.8 -0.74 1.74% 22,343,435 NYSE: No mentions found.

Home Depot HD $31.71 +0.32 1.02% 25,597,001 NYSE: WSJ pB3 "Home Deop net rises on cost controls, share buybacks" by Maxwell Murphy, USA Today p1B say Home Depot reported a 21% jump in Q3 earnings and boosted its profit expectations for the year, citing cost controls & share repurchases that are offsetting the effects of a troubled US economy. For the Q ended 10/31 Home Depot had a profit of $834 mil or 51 cents a sahre up from $689 mil or 41 cents a share a year earlier. Rev rose 1.4% to $16.6 bil. Sales at stores open at least a year increased 1.4%, the 4th staight gain after 3 years of declines and climbed 1.5% in the US.

WSJ pC5 "Alcoa, Travelers lead Dow's drop" by Kristina peterson says energy stocks were among the market's biggest losers in Tuesday's stock market slide, but some retailers bucked the downward trend after reporting encouraging results. Travelers was the weakest Dow stock sliding 3.6%. Alcoa was among the worst performing of the Dow's 30 falling 37 cents on concern that the push to limit growth in China could lead to lower demand for aluminum. Home Depot was the Dow's strongest performer, rising 32 cents afer boosting its earning expectations for the year.

Fin Times p24 "Show of strength by retailes fails to halt wider retreat" by Hannah Kuchler says concerns about the risks of Chinese inflation & European sovereign debt overshadowed increases in forecasts from US retailers Walmart and Home Depot.

Intel INTC $21.07 -0.225 1.06% 62,115,503 NASDAQ-GS: No mentions found.

IBM $142.24 -1.40 0.97% 6,235,013 NYSE: No mentions found.

JPMorgan JPM $39.61 -0.47 1.17% 45,552,969 NYSE: No mentions found.

Johnson & Johnson JNJ $63.14 -1 1.56% 15,368,144 NYSE: No mentions found.

KFT $30.34 -0.45 1.46% 10,549,800 NYSE: No mentions found.

MCD $77.42 -1.65 2.09% 6,735,628 NYSE: No mentions found.

MRK $34.1 -0.44 1.27% 21,826,610 NYSE: No mentions found.

Microsoft MSFT $25.81 -0.23 0.88% 65,083,855 NASDAQ-GS: WSJ pB1 "Microsoft breakup not in cards" by jeanette Borzo says at Microsoft's annual shareholder meeting Tues, CEO Steve Balmer & Chairman Bill Gates sought to calm investors, some of whom asked if Windows operating systems and Xbox game consoles would be mroe valuable as individual firms. Since the start of the year, Microsoft shares have fallen 15% while the Nasdaq Composite Index has gained 8.8%.

WSJ pB8 "Shoppers Connect with Microsoft's Kinect", Fin Times p17 "Sales of Microsoft's Kinect lead to 1 mil" by Tim Bradshaw say Microsoft has sold 1 mil units of its Kinect motion based accessory for Xbox 360 video game consoles worldwide in 10 days and expects sales to hit 5 mil by the end of the year.

Pfizer PFE $16.6 -0.15 0.9% 43,003,917 NYSE: No mentions found.

Procter & Gamble PG $63.45 -0.84 1.31% 14,275,057 NYSE: No mentions found.

3M MMM $84.24 -1.96 2.27% 5,685,008 NYSE: No mentions found.

Travelers TRV $54.73 -2.05 3.61% 7,400,847 NYSE: No mentions found.

United Tech UTX $74.16 -1.15 1.53% 5,963,063 NYSE: WSJ pB5 "Boeing remains uncertain on plan for new 787 tests" by Peter Sanders says Boeing doesn't know when flight testing will resume on the 787 as one of its 787's returned to Seattle. On Nov 9 the fleet of 6 787's was on a routine fight testing when a fire broke out on one of the planes during the final approach to Laredo, Tx. The test crew of 42 did a chute evacuation after landing. Boeing is installing a new power panel made by Boeing supplier Hamilton Sundstand, a unit of United Technologies.

Verizon VZ $32.19 -0.58 1.77% 19,559,717 Dual Listed: No mentions found.

Walmart WMT $54.26 +0.31 0.57% 23,425,717 NYSE: WSJ pB3 "WalMart sales show rivals at its heels" by Miguel Bustillo, Fin Times p15 "Walmart's strong overseas sales help offset struggles at home" by Jonathan Birchall,NYT pB2 "Growth overseas lifts Walmart Profit" by Stephanie Clifford, USA Today p1B say Walmart's profit rose 9% but sales in US dropped 1.3%; most gains came from int'l sector or Sam's Club stores. Walmart had net sales of $102 bil for 3Q ended 10/31 a 2.6% increases, which is 89 cents a shae, up from 82 cents a year earlier.

WSJ pC1 "Why an inflationary out reak isn't likely" by Kelly Evans says on Wed the Labor Dept's release of he Oct consumer price index is expected to show a 0.3% uptick in the gen'l price level from Sept. Firms from Cisco to Wendy's are reluctant to raise prices, even if their own costs are climbing. Walmart is cutting costs and offering free online shipping to lure holiday shoppers.

Fin Times p24 "Show of strength by retailes fails to halt wider retreat" by Hannah Kuchler says concerns about the risks of Chinese inflation & European sovereign debt overshadowed increases in forecasts from US retailers Walmart and Home Depot.

*********************
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

GE:
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.