11/23/10 Tues am H-P is Dow's Big Gainer on Strong 4Q Results; JNJ Recalls Drugs

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Post No. 744 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 and recent Dow 30 component's SEC filings.

A read of Tuesday's Investor's Business Daily, Wall St. Journal, 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 Monday's stock prices and related data.

Dow:The Dow Jones Industrial Average closed Monday at 11,152.09 down 51.46 or 0.46% from Friday's close of 11203.55. For the year the Dow is up 7.20%. Of the 30 Dow Jones component companies 8 gained and 22 declined. The biggest gainer dollar-wise and percentage-wise was Hewlett-Packard HPQ $43.25 +0.76 1.79% 31,681,538 NYSE. The biggest decliner dollar-wise and percentage-wise was American Express AXP $42.22 -0.53 1.24% 7,542,659 NYSE.

WSJ pC5 "DJIA ends down after a deeper dive" by Kristina Peterson says fin'l stocks led the Dow lower on Mon amid developments in a far reaching insider trading investigation & Ireland's debt woes. leading the Dow's fall, Bank of America shed 36 cents and JPMorgan lost 90 cents. Hewlett-Packard was the Dow's biggest gainer, rising 76 cents ahead of the firm's quarterly earnings report after the close.

Fin Times p24 "Tech sector gains help offset poor day for fin'ls" by Hannah Kuchler says the fin'l sector slumped after the Irish bailout spread fears of further problems for European banks but rising tech shares helped the wider US indices end the day mixed. JPMorgan was down 2.3%.

Inv Bus Daily pA2 "Major indexes end mixed" by Paul Whitfield says stocks showed conflicting action Mon but top rated issues advanced confidently. The market's action was mixed in lower volume and the current outlook is the market is in a correction.

NYT pB8 "Indexes rally from a slow start to end the day mixed" by AP says stock indexes on Mon started the morning down but apred their losses to end he day mixed amid anxiety over Europe's fin'l crisis and a widening inquiry into insider trading on Wall St.

USA Today p4B "Irish troubles have stocks bogging down" by Bloomberg says stocks were lowe Mon, ending a 3 session gain in the S&P 500 amid speculation an Irish bailout will fail to stem Europe's debt crisis and as fed agents raided hedge funds to probe insider trading.

As of the open of the market Tuesday, 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 14.26 down from Monday's 14.30 (year ago it was 18.10); the P/E estimate is 13.17 unchanged from Monday's 13.17 (year ago it was 16.04) and the dividend yield is 2.55 up from Monday'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.

Monday's Dow Jones Industrial Average closing numerator was 1,473.52 down 6.80 from Friday's closing numerator of 1,480.32. 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 Monday's Dow Jones Industrial Average was $49.12 down 0.22 from Friday's Dow Jones Industrial Average average closing price of $49.34. The median closing price of Monday's Dow Jones Industrial Average was $42.73 (HPQ/AXP) up 0.14 from Friday's closing median price of $42.59. The lowest volume was 3M MMM $84.9 -0.11 0.13% 2,976,216 NYSE and the highest volume was again Bank of America BAC $11.3 -0.36 3.09% 220,610,011 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 lost $680 ($148,032 - $147,352)

MarketWatch Monday 11/22/10 4:51 pm by Donna Yesalavih says U.S stocks declined Monday, pressured by financials as new details of a widespread insider-trading investigation emerged and worries surfaced over Ireland’s debt woes. The Dow Jones Industrial Average (DJIA 11,179, -24.74, -0.22%) closed down 24.97 points, or 0.22%, at 11,178.5. The measure had been down by more than 100 points earlier in the day as investors worried over the stability of the euro zone. Stocks are down in Europe and the US, and the euro is falling as Ireland's preliminary agreement on a bailout has only focused the markets on the next domino to fall, with many pointing to Portugal. Leading the Dow’s declines, Bank of America Corp. (BAC 11.31, +0.01, +0.09%) , fell 3.1%, and J.P. Morgan Chase & Co. (JPM 38.58, +0.07, +0.18%) slid 2.3%. Oil giants Exxon Mobil Corp. (XOM 70.17, -0.02, -0.03%) and Chevron Corp. (CVX 83.53, +0.08, +0.10%) also were weak, but pared some of their losses as oil climbed back above $81 a barrel. Exxon shed 0.5%, while Chevron fell 0.6%. Hewlett-Packard Co. (HPQ 44.28, +1.03, +2.38%) was the measure’s top performer, rising 1.8% ahead of the company’s quarterly earnings report, due after the close.
The market tumbled early Monday after Ireland over the weekend agreed to accept a bailout, formally applying for tens of billions of euros in aid from the European Union and the International Monetary Fund. Later in the day, stocks pared their losses after Irish Prime Minister Brian Cowen said he would call for the dissolution of parliament in the new year after a vital budget vote Dec 7. Investors said the bailout package alone wouldn’t fix Ireland’s debt woes. “This is not a liquidity question, it’s a solvency question,” said Michael Pento, senior economist at Euro Pacific Capital. “We need to have a massive restructuring of the debt over there.” Other investors worried that other euro-zone nations still faced the threat of “spillover effects,” said Christian Hviid, chief market strategist at Genworth Financial Asset Management. “It wasn’t too long ago that Ireland said they didn’t need a bailout. It’s sort of telling that there’s really no clarity as to whether or not even policymakers really know how big the problem is.” The Standard & Poor’s 500 Index (SPX 1,198, -1.89, -0.16%) shed 1.89, or 0.16%, to 1,197.84. Financials were the index’s worst-performing sector. “It’s a reminder to us, seeing what’s going on with the European banks, that our banks are also insolvent,” said Michael Pento, senior economist at Euro Pacific Capital. Stoking fresh worries for the financial sector, The Wall Street Journal reported that Federal Bureau of Investigation agents raided the offices of three hedge funds, Diamondback Capital Management LLC, Level Global Investors LP and Loch Capital Management LLC, amid a far-reaching insider-trading investigation. Investors said they were bracing for financials to take a hit as more details of the investigation surface.
“It is the brokerage and the investment bankers that are going to be the most likely targets of these investigations,” said Robert Phipps, a director at Per Stirling Capital Management. Leading the sector’s declines, Marshall & Ilsley (MI 4.76, +0.02, +0.42%) fell 4.6% and Regions Financial (RF 5.30, -0.05, -0.93%) fell 2.7%. The Nasdaq Composite Index (COMP 2,532, +13.90, +0.55%) edged up 0.1% to 2,520. The index was boosted by a 6.6% jump in Novell Inc. An investor group reached a deal to acquire Novell (NOVL 5.95, -0.01, -0.17%) for about $2.2 billion, ending an eight-month takeover battle for the software company.
The U.S. dollar index (DXY 78.63, +0.12, +0.16%) , which tracks the U.S. currency against a basket of six others, rose 0.2%. Demand for Treasurys increased, pushing yield on the 10-year note down to 2.64%. Gold futures rose. Shares of Tyson Foods Inc. (TSN 16.55, -0.05, -0.30%) rose 6.1% after the meat packer rebounded from a prior-year loss, posting earnings that topped analysts’ estimates. Green Mountain Coffee Roasters Inc. (GMCR 35.60, -0.18, -0.50%) surged 18% after the coffee company said it plans to restate its financial statements for the past three fiscal years and the first three quarters of this year because of errors, bringing it closer to resolving its accounting issues after the Securities and Exchange Commission announced a probe of the company in September. Bank of America Merrill Lynch upgraded its stock-investment rating on Green Mountain to buy from underperform.

Monday's Closing Dow Numbers and Tuesday's News:

AT&T T $28.29 -0.03 0.11% 19,775,257 NYSE: No mentions found.

Aloca AA $13.29 -0.09 0.67% 17,399,585 NYSE: No mentions found.

American Express AXP $42.22 -0.53 1.24% 7,542,659 NYSE: No mentions found.

Bank of America BAC $11.3 -0.36 3.09% 220,610,011 NYSE: WSJ pC5 "DJIA ends down after a deeper dive" by Kristina Peterson says fin'l stocks led the Dow lower on Mon amid developments in a far reaching insider trading investigation & Ireland's debt woes. leading the Dow's fall, Bank of America shed 36 cents and JPMorgan lost 90 cents. Hewlett-Packard was the Dow's biggest gainer, rising 76 cents ahead of the firm's quarterly earnings report after the close.

Boeing BA $64.03 +0.44 0.69% 5,896,016 NYSE: No mentions found.

Caterpillar CAT $84 +0.03 0.04% 6,383,391 NYSE: No mentions found.

Chevron CVX $83.45 -0.49 0.58% 6,790,359 NYSE: No mentions found.

CSCO $19.56 -0.05 0.25% 65,283,103 NASDAQ-GS: No mentions found.

Coke KO $64.27 -0.05 0.08% 16,765,561 NYSE: No mentions found.

Disney DIS $36.95 -0.06 0.16% 6,490,034 NYSE: No mentions found.

DuPont DD $46.8 -0.30 0.64% 7,990,017 NYSE: No mentions found.

Exxon XOM $70.19 -0.35 0.5% 18,739,992 NYSE: WSJ pB4 "Energy XXI buys Exxon Gulf assets" by Alex MacDonald says Bermuda based Energy XXI Ltd said it has acquired 9 US Gulf of Mexico oil and natural gas stakes from Exxon obil for $1.01 bil.

GE $16.03 -0.19 1.17% 65,310,860 NYSE: No mentions found.

Hewlett-Packard HPQ $43.25 +0.76 1.79% 31,681,538 NYSE: Inv. Bus Daly pA4 "HP's Q4 results beat views as server, storage sales jump 25%" by J. Bonasia, WSJ pC5 "DJIA ends down after a deeper dive" by Kristina Peterson say, NYTimes pB3 "HP surpasses forecasts with 5% jump in profit" by Laurie Flynn, WSJ pB1 "HP chief surfaces, mum on strategy" by Ben Worthen, USA Today p1B say 3 weeks after taking the helm of Hewlett-Packard, new CEO Leo Apotheker had his first public excahnge with analysts but gave few hints about the direction he will take with the firm. HP posted a 5% increase in profit and an 8% rev jump for its quarter ended 10/31. For its 4Q, HP had rev of $33.3 bil, up from $30.8 bil last year and profit increased to $2.5Bil from $2.4 Bi.

Home Depot HD $31.09 -0.13 0.42% 23,101,147 NYSE: No mentions found.

Intel INTC $21.25 +0.115 0.54% 40,178,304 NASDAQ-GS: No mentions found.

IBM $145.39 +0.34 0.23% 3,693,270 NYSE: No mentions found.

JPMorgan JPM $38.51 -0.90 2.28% 33,065,767 NYSE: WSJ pC5 "DJIA ends down after a deeper dive" by Kristina Peterson says fin'l stocks led the Dow lower on Mon amid developments in a far reaching insider trading investigation & Ireland's debt woes. leading the Dow's fall, Bank of America shed 36 cents and JPMorgan lost 90 cents. Hewlett-Packard was the Dow's biggest gainer, rising 76 cents ahead of the firm's quarterly earnings report after the close.

Fin Times p24 "Tech sector gains help offset poor day for fin'ls" by Hannah Kuchler says the fin'l sector slumped after the Irish bailout spread fears of further problems for European banks but rising tech shares helped the wider US indices end the day mixed. JPMorgan was down 2.3%.

Johnson & Johnson JNJ $63.62 -0.21 0.33% 11,059,993 NYSE: WSJ pB2 "J&J recalls more children's Benadryl, Motrin says Johnson & Johnson recalled more children's Benadryl and Motrin due to manufacturing problems. Recalled are 4 mil packages of Benadryl allergy tablets and 800,000 bottles of Motrin caplets.

Kraft KFT $30.55 +0.11 0.36% 7,052,754 NYSE: Inv Bus. Daily pA3 "He crafted a cheese empire" is a profile by Doug Gsuruoka on James L. Kraft who founded Kraft in 1914.

McDonald's MCD $79.52 -0.12 0.15% 10,904,856 NYSE: No mentions found.

Merck MRK $35.59 +0.26 0.74% 14,451,217 NYSE: No mentions found.

Microsoft MSFT $25.73 +0.04 0.16% 53,088,028 NASDAQ-GS: Fin Times p16 "Mirosoft helps seal $2.2 bil sale of Novell to Attachmate" by Richard Waters says Microsoft helped seal this sale of Novell, a struggling US software firm, in the latest sign of its significance to some of the industry's biggest players.

Pfizer PFE $16.63 -0.1675 1% 32,290,420 NYSE: No mentions found.

Procter & Gamble PG $63.56 -0.49 0.77% 9,136,880 NYSE: No mentions found.

3M MMM $84.9 -0.11 0.13% 2,976,216 NYSE: No mentions found.

Travelers TRV $55.03 -0.46 0.83% 4,648,642 NYSE: No mentions found.

United Tech UTX $75.11 -0.20 0.27% 3,440,297 NYSE: No mentions found.

Verizon VZ $32.5 -0.09 0.28% 12,770,507 DualListed: Inv. Bus. Daily pA2 "Verizon claims DSL speed lead" says VZ tripled its top download speed of its FIos Internet service to 50 times faster than a typical DSL line and is offering it for $200 a month.

Walmart WMT $54.38 -0.01 0.02% 9,344,377 NYSE:WSJ pB2 "Retailer aims to boost its sales in China" by Kathy Gordon says Tesco aims to increase sales in China. It is the world's 3rd largest sales after Walmart and France's Carrefour SA.


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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 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 results5/27/10 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.

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.