5/10/11 Tues pm Dow Closes at 12,760.36 up 75.68 or 0.6%

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Post No. 1,012 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, and a ranking of the Dow 30 components by market capitalization as of April 24, 2011 and Dow 30 components' SEC filings as of April 24, 2011.

The Dow Jones Industrial Average closed Tuesday at 12,760.36 up 75.68 or 0.6% from Monday's close of 12,684.68. Of the 30 Dow components 26 gained and 4 declined. The biggest gainer dollar-wise was IBM $170.38 +1.28 0.76% 4,912,984 NYSE and percentage-wise was Disney DIS $43.91 +0.81 1.88% 11,689,108 NYSE. The biggest decliner dollar-wise was 3M MMM $95.71 -0.28 0.29% 3,286,615 NYSE and percentage-wise was Disney DIS $43.91 +0.81 1.88% 11,689,108 NYSE.

As of the open of the market Tuesday, the current divisor for the Dow Jones Industrial Average found at page C4 of Tuesday's Wall St. Journal is 0.132129493. The trailing P/E is 14.47 up from Monday's trailing P/E of 14.42 (year ago it was 15.93); the P/E estimate is 12.75 unchanged from Monday's P/E estimate of 12.75 (year ago it was 12.84), and the dividend yield is 2.33 down from Monday's dividend yield of 2.34 (last year it was 2.54). 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 1,686.02 up 10 from Monday's closing numerator of 1,676.02. 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 7.57 change in the average.

The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was $56.20 up 0.33 from Monday's average closing price of $55.87. The median closing price of Tuesday's Dow Jones Industrial Average was $47.66 (AXP/JPM) up 0.08 from Monday's median closing price of $47.58. The lowest volume was United Technologies UTX $89.81 +0.29 0.32% 2,661,943 NYSE and the highest volume was again Bank of America BAC $12. 28 +0.10 0.82% 90,357,462 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 made $1,000 ($168,602 - $167,602).

MarketWatch Tuesday 5/10/11 4:14 pm by Laura Mandaro says US stocks closed sharply higher Tuesday, extending gains into a third day, as Microsoft Corp.'s $8.5 billion offer for Skype Global spurred optimism of more merger activity to come. The Dow Jones Industrial Average gained 75.68 points, or 0.6%, to 12,760.36, with IBM leading point gains. Dow-component Microsoft, however, fell 0.6%. The S&P 500 rose 10.87 points, or 0.8%, to 1,357.16. The Nasdaq Composite gained 28.64, or 1.01%, to 2,871.89.

Tuesday's Closing Dow Numbers:

AT&T T $31.69 +0.34 1.08% 17,038,820 NYSE
Alcoa AA $17.52 -0.01 0.06% 17,793,168 NYSE
American Express AXP $50.17 -0.02 0.04% 6,437,050 NYSE
Bank of America BAC $12.28 +0.10 0.82% 90,357,462 NYSE
Boeing BA $79.95 +0.31 0.39% 3,848,165 NYSE
Caterpillar CAT $112.87 +1.21 1.08% 4,910,888 NYSE
Chevron CVX $104.36 +0.27 0.26% 6,406,642 NYSE
CSCO $17.79 +0.19 1.08% 68,539,897 NASDAQ-GS
Coke KO $67.34 +0.39 0.58% 5,527,397 NYSE
Disney DIS $43.91 +0.81 1.88% 11,689,108 NYSE
DuPont DD $55.89 +0.48 0.87% 4,281,335 NYSE
Exxon XOM $83.34 +0.16 0.19% 17,608,144 NYSE
GE $20.3 +0.23 1.15% 37,780,433 NYSE
Hewlett-Packard HPQ $41.57 +0.55 1.34% 8,980,273 NYSE
Home Depot HD $37.27 +0.31 0.84% 6,795,115 NYSE
Intel INTC $23.03 +0.27 1.19% 66,168,766 NASDAQ-GS
IBM $170.38 +1.28 0.76% 4,912,984 NYSE
JPMorgan JPM $45.16 +0.20 0.44% 20,231,767 NYSE
JNJ $65.76 +0.13 0.2% 9,669,011 NYSE
KFT $34.22 +0.18 0.53% 6,586,380 NYSE
MCD $79.71 +0.40 0.5% 4,363,891 NYSE
MRK $36.77 +0.29 0.79% 9,571,447 NYSE
MSFT $25.67 -0.16 0.62% 120,585,816 NASDAQ-GS
Pfizer PFE $20.86 +0.26 1.26% 33,269,383 NYSE
Procter & Gamble PG $65.73 +0.59 0.91% 8,085,436 NYSE
3M MMM $95.71 -0.28 0.29% 3,286,615 NYSE
Travelers TRV $63.86 +0.47 0.74% 3,000,209 NYSE
United Technologies UTX $89.81 +0.29 0.32% 2,661,943 NYSE
Verizon VZ $37.57 +0.33 0.89% 10,232,859 DualListed
Walmart WMT $55.53 +0.43 0.78% 8,755,091 NYSE




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The following are excerpts from Tuesday morning's Blog.

A read of the print editions of Tuesday's Wall Street Journal, Financial Times, New York Times, USA Today, Investor's Business Daily, Atlanta Journal Constitution & Daily Report (Ga. - carries Bloomberg) 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 Jones Industrial Average: The Dow Jones Industrial Average closed Monday at 12,638.74 up 54.47 or 0.43% from Friday's close of 12,638.74. For the year the Dow is up 9.56%. Of the 30 Dow components 20 gained, American Express was unchanged and 9 declined. The biggest gainer dollar-wise was Caterpillar CAT $111.66 +1.32 1.2% 4,856,420 NYSE and percentage-wise was Alcoa AA $17.535 +0.385 2.24% 19,461,436 NYSE. The biggest decliner dollar-wise and percentage-wise was Intel INTC $22.76 -0.49 2.11% 72,715,223 NASDAQ-GS.

WSJ pC7 "Alcoa up as metals recovery" by Kristina Peterson says stocks climbed as commodities prices recovered from last week's slump and a burst of deal activity helped overshadow concerns over Greek finances. McDonald's gained 61 cents after its same store sales rose 6% in April, its biggest monthly increase since Oct. Alcoa rose 38 cents as metals' price climbed. Crude oil prices closed at 102.55 a barrel. Chevron gained 1.21 while Exxon added 49 cents.

Fin Times p24 "Dollar Thrifty Automotive jumps after $2.2 bil Hertz Global offer" by Micahel Stothard says Dollar Thrifty surged after Hertz Globa offered to buy the car rental firm, while the wider markets advanced after deal activity and a rise in commodities outweighed concerns over the financial health of the eurozone. Bank of America was down while McDonald's advanced 0.8% after reporting that its same store sales had risen 6% in April.

NYT pB8 "Commodity prices rise, giving a lift to energy and materials" by AP says commodity prices recovered some of last week's losses Mon, helping to lift the stocks of energy and materials firms.

USA Today p4B "Rising commodity prices lift stocks" by AP says commodity prices recovered some of last week's losses Mon, helping to lift the stocks of energy and materials companies. McDonald's rose after reporting that its global sales rose last month.

Inv. Bus. Daily pA1 "Stocks shrug off Greece, rebound in weak trade" by David Saito-Chung says stocks recouped a portion of last week's sharp losses Monday as investors yawned on S&P's fresh downgrade of Greek gov debt. Oil & commodity related stocks led the market. Monday's action was up in lower volume. The current outlook is market in correction.

Monday's Dow Jones Industrial Average closing numerator was 1,676.02 up 6.08 from Friday's closing numerator of 1,669.94. 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 7.57 change in the average.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was $55.87 up 0.21 from Friday's average closing price of $55.66. The median closing price of Monday's Dow Jones Industrial Average was $47.58 (AXP/JPM) down 0.04 from Friday's median closing price of $47.62. The lowest volume was 3M MMM $95.99 +0.39 0.41% 1,961,911 NYSE and the highest volume was again Bank of America BAC $12.17 -0.14 1.14% 104,389,889 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 $608 ($167,602 - $166,274).

MarketWatch Monday 5/9/11 4:21 pm by Kate Gibson says US stocks rose for a second session Monday, as energy and natural-resource companies rebounded along with commodities after last week’s rout, but concerns lingered over how long Wall Street’s eight-month rise could last. “We’re still in an intermediate uptrend — and should be — as long as the Fed is there to support us,” said Mike Rubino, chief executive officer of Rubino Financial Group, of the Federal Reserve’s current bond-buying program, also known as quantitative easing. “Eventually the party is going to end and fiscal austerity is going to set in. The question is when,” Rubino added. The Dow Jones Industrial Average gained 45.94 points, or 0.4%, to finish at 12,684.68, with 20 of its 30 components ending the session in positive territory, including shares of McDonald’s Corp., up 0.8% after the fast-food chain reported a rise in global sales for last month. The S&P 500 added 6.09 points, or 0.5%, to 1,346.29, with energy and natural-resource stocks faring best and financials the sole laggards among its 10 industry groups. As oil futures closed above $102 a barrel in New York, energy companies on the Standard & Poor’s 500 Index collectively rose 1.6%, with Pioneer Natural Resources Co. and Marathon Oil Corp. among the notable advancers, both up more than 5%. “The hard bounce in gold, silver and oil has spilled over to their associated equities in a relief rally,” said Elliot Spar, market strategist at Stifel Nicolaus & Co. Citigroup Inc.’s shares fell 2.3% after the bank’s 1-for-10 reverse stock split, which shrank the number of its shares outstanding to about 2.9 billion. Read more about Citi’s reverse split. The Nasdaq Composite Index rose 15.69 points, or 0.6%, to 2,843.25. For every stock falling, more than two gained on the New York Stock Exchange, where volume topping 778 million shares by the close. Oil prices rallied 5.5% to end at $102.55 a barrel in New York, after dropping 15% last week, its largest weekly decline since December 2008. Corporate deal-making was also in play, with drug manufacturer Alkermes Inc. / saying it would buy a unit of Ireland’s Elan Corp. -0.93% in a deal worth $960 million. Separately, Hertz Global Holdings Inc. boosted its bid for Dollar Thrifty Automotive Group Inc. in an effort to top a rival offer for the car-rental company by Avis Budget Group Inc. Before Monday’s opening bell, Standard & Poor’s lowered Greece’s credit rating, citing risks that the country would have to work out an extension on its debt repayments. The rating company’s move came as European officials met to consider whether Greece needs more help with its debt. On Friday, an unexpectedly upbeat payrolls report helped fuel modest gains in U.S. markets, with the Dow rising 54.57 points for its first advance in three days, trimming its weekly decline to 1.3%. Other recent economic reports have been less upbeat, with the economy expanding at a less-than-expected 1.8% in the first quarter. The data have stood in contrast with corporate results that, as of Friday, included quarterly results from 88% of the S&P 500 companies, with 69% surprising to the upside on earnings and 67% beating Wall Street’s revenue expectations. “Better-than-expected earnings followed by upward guidance revisions have been a big reason why the stock market held up as well as it did last week, following its decent April gain,” wrote Fred Dickson, chief investment strategist at Davidson Cos.

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

AT&T T $31.37 +0.11 0.35% 14,026,285 NYSE: No mentions found.

Alcoa AA $17.535 +0.385 2.24% 19,461,436 NYSE: WSJ pC7 "Alcoa up as metals recovery" by Kristina Peterson says stocks climbed as commodities prices recovered from last week's slump and a burst of deal activity helped overshadow concerns over Greek finances. McDonald's gained 61 cents after its same store sales rose 6% in April, its biggest monthly increase since Oct. Alcoa rose 38 cents as metals' price climbed. Crude oil prices closed at 102.55 a barrel. Chevron gained 1.21 while Exxon added 49 cents.

American Express AXP $50.2 unch unch 5,988,555 NYSE: No mentions found.

Bank of America BAC $12.17 -0.14 1.14% 104,389,889 NYSE: Fin Times p15 "BofA to halve $850 bil bad loans" by Suzanne Kapner says Bank of America Merrill Lynch plans to halve its $850 bil portfolio of troubled home loans over the next 3 years as it seeks to quicken the pace with which it resolves problems related to the housing crisis & its disastrous purchase of Countrywide Fin'l.

Fin Times p16 "Bank chief overcame status as an outsider" by Justin Baer & Suzanne Kapner is an interview with BofA CEO Brian Moynihan.

Fin Times p24 "Dollar Thrifty Automotive jumps after $2.2 bil Hertz Global offer" by Micahel Stothard says Dollar Thrifty surged after Hertz Globa offered to buy the car rental firm, while the wider markets advanced after deal activity and a rise in commodities outweighed concerns over the financial health of the eurozone. Bank of America was down while McDonald's advanced 0.8% after reporting that its same store sales had risen 6% in April.

Boeing BA $79.66 +0.35 0.44% 2,953,375 NYSE: Inv. Bus. Daily pA1 "Congress may act to bar NLRB from grounding Boeing" by Sean Higgins says Senate Republicans are proposing to rewrite the law covering union management disputes to stop the NLRB from giving Big labor the power to punish firms that try to move operations to right to work states.

WSJ pB5 "Boeing - Rols-Royce engine wins key dreamliner certification" by Peter Sanders says the FAA granted certification to Rolls-Royce's Trent 1000 engine which will be one of 2 engines to power the 787 Dreamliner.

Caterpillar CAT $111.66 +1.32 1.2% 4,856,420 NYSE: No mentions found.

CSCO $17.6 +0.04 0.23% 46,521,091 NASDAQ-GS: No mentions found.

Chevron CVX $104.06 +1.18 1.15% 6,355,397 NYSE: WSJ pC7 "Alcoa up as metals recovery" by Kristina Peterson says stocks climbed as commodities prices recovered from last week's slump and a burst of deal activity helped overshadow concerns over Greek finances. McDonald's gained 61 cents after its same store sales rose 6% in April, its biggest monthly increase since Oct. Alcoa rose 38 cents as metals' price climbed. Crude oil prices closed at 102.55 a barrel. Chevron gained 1.21 while Exxon added 49 cents.

Coke KO $66.93 +0.03 0.04% 3,852,385 NYSE: AJC pA7 "Coke machines mix business, pleasure" by Jeremiah McWilliams says Coke plans to roll out its Freestyle fountain machines to 80 cities around the US by end of the year up from 40 now. The machine dispenses 125 different brands has been in devopment and introduction for 6 years.

Disney DIS $43.1 +0.04 0.09% 5,860,580 NYSE: No mentions found.

DuPont DD $55.4111 +0.7811 1.43% 3,948,536 NYSE: No mentions found.

Exxon XOM $83.17 +0.48 0.58% 16,510,555 NYSE: WSJ pC7 "Alcoa up as metals recovery" by Kristina Peterson says stocks climbed as commodities prices recovered from last week's slump and a burst of deal activity helped overshadow concerns over Greek finances. McDonald's gained 61 cents after its same store sales rose 6% in April, its biggest monthly increase since Oct. Alcoa rose 38 cents as metals' price climbed. Crude oil prices closed at 102.55 a barrel. Chevron gained 1.21 while Exxon added 49 cents.

WSJ pB3 "Exxon in talks on Angola sale" by Alison Tudor says Indonesian state energy firm PT Pertamina is in talks with Exxon to buy Exxon's 25% stake in an oil exploration project in Angola after bidding $3.5 bil.

GE $20.07 +0.06 0.3% 32,515,480 NYSE: No mentions found.

Hewlett-Packard HPQ $41.01 +0.20 0.49% 8,630,210 NYSE: No mentions found.

Home Depot HD $36.94 -0.05 0.14% 6,049,939 NYSE: No mentions found.

Intel INTC $22.76 -0.49 2.11% 72,715,223 NASDAQ-GS: No mentions found.

IBM $169.05 +0.16 0.09% 2,945,184 NYSE: No mentions found.

JPMorgan JPM $44.97 -0.07 0.16% 19,865,366 NYSE: No mentions found.

JNJ $65.615 +0.345 0.53% 8,349,372 NYSE: No mentions found.

KFT $34.075 -0.005 0.01% 9,841,680 NYSE: No mentions found.

McDonald's MCD $79.32 +0.62 0.79% 5,915,655 NYSE: WSJ pC7 "Alcoa up as metals recovery" by Kristina Peterson says stocks climbed as commodities prices recovered from last week's slump and a burst of deal activity helped overshadow concerns over Greek finances. McDonald's gained 61 cents after its same store sales rose 6% in April, its biggest monthly increase since Oct. Alcoa rose 38 cents as metals' price climbed. Crude oil prices closed at 102.55 a barrel. Chevron gained 1.21 while Exxon added 49 cents.

Inv Bus Daily pA2 "McDonald's surges overseas", WSJ "McDonald's sales rise 6% on McCafe Drinks" by Melodie Warner says McDonald's same store sales rose 6% in April, its biggest monthly increase since Oct.

USA Today p4B "Rising commodity prices lift stocks" by AP says commodity prices recovered some of last week's losses Mon, helping to lift the stocks of energy and materials companies. McDonald's rose after reporting that its global sales rose last month.

Fin Times p24 "Dollar Thrifty Automotive jumps after $2.2 bil Hertz Global offer" by Micahel Stothard says Dollar Thrifty surged after Hertz Globa offered to buy the car rental firm, while the wider markets advanced after deal activity and a rise in commodities outweighed concerns over the financial health of the eurozone. Bank of America was down while McDonald's advanced 0.8% after reporting that its same store sales had risen 6% in April.

MRK $36.495 +0.105 0.29% 10,054,719 NYSE: No mentions found.

MSFT $25.83 -0.04 0.15% 37,995,827 NASDAQ-GS: No mentions found.

Pfizer PFE $20.59 +0.04 0.19% 27,226,329 NYSE: No mentions found.

Procter & Gamble PG $65.14 -0.13 0.2% 8,460,776 NYSE: No mentions found.

3M MMM $95.99 +0.39 0.41% 1,961,911 NYSE: No mentions found.

Travelers TRV $63.39 -0.04 0.06% 2,357,608 NYSE: No mentions found.

United Technologies UTX $89.52 +0.31 0.35% 2,500,855 NYSE: No mentions found.

Verizon VZ $37.24 -0.04 0.11% 8,165,796 DualListed: No mentions found.

Walmart WMT $55.1 +0.08 0.15% 6,366,785 NYSE: WSJ pB1 "Walmart's Africa foothold shaky as job worries mount" by Devon Maylie says the S. African gov warned that Walmart's $2.4 bil proposed acquisition of African retailer Massmart Holdings could cause thousands of job losses and worsen labor conditions. Massmart has most of its 288 stores in Africa although some operate in 13 other sub-Sahaarn nations.

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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. (Chicago, 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 Kenneth Frazer (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
Pfizer PFE Ian Read (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 as of 4/24/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $428 [5]
2. Procter & Gamble PG 253.5 [4]
3. Chevron CVX 217.5 [2]
4. Microsoft MSFT 214.5 [8.5]
5. GE 212 [10.5]
6. IBM 205 [1]
7. WalMart WMT 187 [3.5]
8. AT&T T 181.5 [6]
9. JPMorgan Chase JPM 178 [4]
10. Johnson & Johnson JNJ 175.5 [3]
11. Pfizer PFE 158 [8]
12. Coke KO 156 [2.5]
13. Bank of America BAC 125 [10]
14. Intel INTC 118 [5.5]
15. Merck MRK 105 [3]
16. Verizon VZ 104 [3]
17. Cisco CSCO 93.5 [5.5]
18. Hewlett-Packard HPQ 88.5 [2]
19. Disney DIS 80 [2]
20. McDonald's MCD 80 [1]
21. United Technologies UTX 80 [1]
22. Caterpillar CAT 70 [.5]
23. 3M MMM 67 [.5]
24. Home Depot HD 61.5 [1.5]
25. Kraft KFT 58.5 [2]
26. American Express AXP 56.5 [1]
27. Boeing BA 55.5 [1]
28. DuPont DD 52 [1]
29. Travelers TRV 26 [.5]
30. Alcoa AA 18 [1]

Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 4/24/11:

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

AT&T T: 4/20/11 2 8Ks re: first quarter results
4/13/11 Prospectus & 4/1/aa S-4 re: offer to exchange $3.5 bil of 5.35% Global Notes due '40
3/31/11 & 3/21/11 2 8Ks re: purchase of T-Mobile USA, Inc. from Deutsche Telekom for $20 bil
3/29/11 8KA re: replacement of Richard Lindner as CFO with John J. Stephens
3/10/11 Proxy Statement re: Annual Meeting of Stockholders to be held on 4/29/11 in Little Rock, Ark
3/7/11 8K re; departure of Richard G. Lindner as CFO to be replaced by John T. Stephens
3/1/11 10K re: Fiscal year ended 12/31/10

Alcoa AA: 4/21/11 10Q & 4/12/11 8K re: first quarter results ending 3/31/11
4/14/11 8K transcript re: 1Q earnings conference call
4/13/11 8K & Prospectus re: issuance of $1.2 bil of 5.4% Notes due '21 & tnender offer for 5.3% Notes due '13
3/7/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/6/11 in Pittsburg, PA

American Express AXP: 4/20/11 8K re: 1Q results ending 3/31/11
4/18/11 8K re: delinquency & write-off statistics for 1Q ended 3/31/11
3/28/11 8K re new digital payments platform "Serve"
3/24/11 & 3/23 & 3/22 Proxy materials re: 2011 Annual Meeting of Shareholders at 5/2/11 at AXP Headquarters in NYC
3/18/11 8K re: Reg. FD disclosures re: its Comprehensive Capital Plan re: share repurchases & dividends
3/15/11 8K re: delinquency & write-off statistics for 3 months ended 2/28/11
3/4/11 Prelim Proxy Statement re: Shareholder Meeting to be held 5/2/11 in NYC

Bank of Am BAC: 4/15/11 8K re: shuffling of execs, C. Noski, E. O'Keefe & B. Thompson
4/15/11 re results of 1Q ending 3/31/11
3/3011 Proxy re: Annual Meeting of Stockholders on 5/11/11 at BAC Headquarters in Charlotte, N.C.
3/23/11 8K re: submission to Fed Res. Baord of comprehensive capital plan
3/17/11 8K re: issuance of $1.5 bil of 3.625% of Senior Notes due 2016
3/16/11 8K re: election of Mukesh D. Ambani to Board of Directors & Compensation & Benefit Committee & Audit Committee

Boeing BA: 3/21/11 Annual Report to Sahreholders
3/18/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/2/11 in Chicago

Caterpiller CAT: 4/15/11 Proxy re: Annual Meeting of Stockholders on 6/8/11 at Little Rock, Ark.
3/8/11 8K re: price changes of products
3/18/11 8K re: Reg FD disclosures re: 3 months dealer statistics

Chevron CVX: 4/14/11 4 Proxy filings re: Annual Meeting of Stockholders on 5/25/11at Chevron headquarters in San Ramon, CA.
4/11/11 8K re: first quarter interim update
4/4/11 8K re: increase of exec comp.

Cisco CSCO 3/28/11 8K re: pre-arranged stock trading plan for certain execs
3/22/11 8K-A re: election of Gary B. Moore as COO
3/18/11 8K re: initiation of quarterly cash dividends of 6 cents per share to be paid 4/20
3/16 & 3/15 8Ks re: issuance of debt securities
3/9/11 8K re: recasting of fin'l stmts due to combining Asia Pacific & Japan operations

Coke KO 3/10/11 Proxy Statement re: Annual Meeting of Shareholders to be held 4/27/11 in Atlanta
2/28/11 10K re: Fiscal year ended 12/31/10
2/17/11 8K re: election of Evan G. Greenberg to Board of Directors & Audit Comm.
2/17/11 8K re: Amendment of Stock Option Plan

Disney DIS 3/25/11 8K re: adoption of exec stock option plan
3/18/11 two 8Ks re: amendment to employment Agreement of CEO Robert A. Iger & other execs.
3/2/11 Proxy Materials re: shareholder proposal re: exec compensation

DuPont DD: 4/21/11 8K re results for quarter ended 3/31/11
4/13/11 Proxy re annual meeting of stockholders on 4/27/11in Wilmington, DE
3/31/11 S-3 shelf registration for debt securities and common stock
3/18/11 Proxy re: Annual Stockholders Meeting to be held on 4/27/11 in Wilmington, DE
3/8/11 8K re: retirement of Samuel W. Bodman & John T. Dillon from Board of Directors due to reaching age 72

ExxonMobil XOM: 4/14/11 Annual Report to Shareholders
4/13/11 2 Proxy filings re: annual meeting of shareholders on 5/25/11 in Dallas, TX
3/31/11 8K re: result of operations for 2010
3/15/11 8K re: results of operations presentation at analyst meeting
2/28 10K/A & 2/25 10K re: Fiscal year ended 12/31/10

GE: 4/21/11 8K re: first quarter results
4/18/11 proxy re: answers to shareholder's question re: CEO's stock options
4/15/11 Annual Report to Shareholders
4/711 & 3/30/11 Proxy materials re: proposal on exec comp proposal at annual meeting of shareholders on 4/27/11
3/14/11 Proxy re: Annual Shareholders Meeting on 4/27/11 in Salt Lake City, Utah
2/25/11 10K re: Fiscal year ended 12/31/10

Hewlett-Packard HPQ: 3/28/11 8K re amendment of by-laws to decrease number of directors from 17 to 13
3/22/11 8K re: info re: status of Hewlett-Packard employees as a result of Japanese earthquake
3/11/11 Proxy Materials re: opposition to ISS voting recommendations re: exec comp.
3/11/11 & *k 2/22/11 re: Quarter ended 1/31/11

Home Depot HD: 4/18/11 Annual Report to Shareholders
4/15/11 proxy re: annual meeting of shareholders on 6/2/11 in Atlanta
3/31/11 8K re: underwriting agreement re: $3 bil of Senior Notes due 2021 & 2041
3/2/11 8K re: approval of Stock Option Plan

Intel INTC: 4/20/11 & 4/19/11 8Ks re: financial info & CFO commentary re: results for quarter ended 4/2/11
4/13/11 8K re: fin'l info re: recently closed acquisition of Infineon Wireless & McAfee
4/7/11, 4/5/11 & 4/4/11 Proxy materials re: annual meeting of shareholders on 5/19/11 at Intel's headquarters in Santa Clara, CA
3/21/11 8K re: fin'l info re: its McAfeesubsidiary
2/28/11 8K re: completion of acquisition of McAfee
2/28/11 10K re: Fiscal year ended 12/25/10

IBM: 4/20/11 & 4/19/11 8Ks re: CFO comments re: 1Qtr fin'l results ended 3/31/11
3/25/11 Proxy re: voting at annual meeting of stockholders on 4/26
3/18/11 8K re: settlement with SEC of bribery charges in Asia for $10 mil
3/8/11 8K re: FD disclosure re: presentation at investor briefing
3/7/11 Proxy rel Annual Stockholders Meeting on 4/26 in St. Louis, Mo.

JPMorganChase JPM: 4/20/11 Proxy brochure entitled "Overview"
4/14/11 8K re: entering into consent orders with Fed. Reserve re: residential mortgage servicing activities
4/13/11 2 8Ks re: first quarter results
4/7/11 3 proxy filings re: annual meeting of shareholders on 5/17/11 in Columbus, Ohio
3/24/11 8K re: offering of $500 mil Floating Rate Notes due 2016
3/24/11 & 3/23/11 8Ks re: offering of Global Medium Term Notes

Johnson & Johnson JNJ : 4/19/11 Proxy re: annual meeting of shareholders on 4/28 in New Brunswick, NJ
4/19/11 8K re: first quarter results
4/15/11 8K re: settlement between Merck & JNJ re: dispute re: distribution of Remicade & Simponi
4/8/11 8K re: payment of $70,0006,316 fine for violating Foreign Corrupt Practices Act
3/16/11 Proxy re: Annual Shareholders Meeting on 4/28 in New Brunswick, NJ
3/10/11 8K re: Entering into a consent decree with the FDA regarding its oversight of JNJ's McNeil Unit plants in Puerto Rico and Pennsylvania

Kraft KFT: 4/8/11 8K & 3/14/11 8K re: departure of CFO Timothy R. McLevish to be replaced by David A. Brearton
4/5/11 8K re: entering into revolving credit agreement for $4.5 bil
3/31/11 8K & Proxy re: nomination of Dr. Peter Henry for Board of Dir at 5/24/11 annual meeting of shareholders in Skokie, Ill

McDonald's MCD: 4/21/11 8K re: first quarter results
4/15/11 Proxy re: taking points
4/13/11 Annual Report to Shareholders
4/18/11 3 Proxy filings re: annual meeting of shareholders on 5/19/11 at McDonald's Headquarters in Oak Brook, Ill & proposal to amend cert. of incorp.
3/9/11 8K re: FD disclosure re: comparable sales rising 3.9% in Feb.
3/3/11 Proxy re: Annual Meeting of Shareholders on 5/19/11 at Oak Brook, Ill.

Merck MRK: 4/15/11 8K re: settlement between Merck & JNJ re: dispute re: distribution of Remicade & Simponi
4/14/11 Annual Report to Shareholders
4/13/11 2 Proxy filings re: annual meeting of shareholders on 5/24/11 at North Branch, NJ
4/5/11 Schedule to tender offer to shareholders of Inspire Pharmaceuticals
3/24/11 8K re: termination of agreement between Merck & Sanofi-Aventis re: Sanofi's right to buy Merck's Merial animal health subsidiary

Microsoft MSFT: 2/8/11 8K re: underwriting agreement for $750 mil of 2.5% Notes due 2016
1/27/11 10 & 1/27/11 8K for quarter ended 12/31/10

Pfizer PFE: 4/14/11 & 4/11/11 Proxy & 3/22/11 2 Proxy filings re: 4/28/11 annual meeting of shareholders in Dallas, TX
4/4/11 8K re: selling Capsugel subsidiary to KKR
3/24/11 Annual report to shareholders
2/28/11 10K re: fiscal year ended 12/31/10

Procter & Gamble PG: 4/11/11 8K re: declaration of 9% quarterly dividend increase
4/5/11 8K re: sale of Pringles to Diamond
3/24/11 8K re: P&G & Teva Pharmaceutical Industries partnership for OTC medicines
3/1/11 8K re: resignation of Rajat KJ. Gupta from Board of Directors
2/11/11 8K re: election of Meg Whitman to Board of Directors

3M MMM: 4/7/11 8K re: results of first quarter 2011
4/6/11 8K re: executive changes re: chief accounting officer
3/29/11 Proxy material to correct errors re: prior filing re: stock ownership of directors & officers
3/24/11 annual report to shareholders
3/23/11 2 proxy filings re: 5/10/11 annual meeting of stockholders in St. Paul, Minnesota
3/15/11 8K re: retirement of CFO Patrick D. Cambell to be replaced by David W. Meline

Travelers TRV:4/21/11 10Q & 8K for quarter ended 3/31/11
4/12/11 anual report to shareholders
4/12/11 2 proxy filings re: annual meeting of shareholders on 5/26/11 at Hartford, CT

United Technologies UTX: 4/20/11 8K re: first quarter results
4/19/11 8K re proposal to amend long term incentive plan
2/25/11 Proxy re: Annual Meeting of Shareholders on 4/13/11 in Phoenix, AZ

Verizon Communications Inc. VZ: 4/21/11 8K re: first quarter results
4/11/11 8K re: Verizon completion of Terremark acquisition
4/8/11 Schedule to tender offer re: Terremark acquisition
4/4/11 Proxy re; compensation proposal
3/25/11 Prospectus re: $6.25 bil notes
3/21/11 Proxy re: 5/5/11 annual meeting of shareholders in Indianapolis, Indiana
3/7/11 8K re: election of Lowell C. McAdam to Board of Director (he is Pres/COO)

WalMart WMT: 4/19/11 annual report to shareholders
4/18/11 2 Proxy filings re: annual meeting o shareholders on 6/3/11 at U. of Ark in Fayetteville, Ark.
4/15/11 8K & 4/13/11 Prospectus re: issuance of $5 bil of notes
3/30/11 10K for fiscal year ended 1/31/11