5/11/11 Wed am Microsoft to buy Skype for $8.5 Bil; Disney's Profits Down 1.2% for Qtr

www.DowJonesMonitor.com

The following is not intended as advertising by a broker-dealer and is not a research report. Any comments by third-parties do not reflect the views of Intellivest Securities Research, Inc. and have not been reviewed by us for completeness or accuracy.

Post No. 1,013 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.

A read of the print editions of Wednesday'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 Tuesday's stock prices and related data.

Dow Jones Industrial Average: 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. For the year the Dow is up 10.22%. 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.

WSJ pC6 "Skype's the limit: deal lifts DJIA" by Brendan Conway says stocks advanced as investors drew encouragement from Microsoft's $8.5 bil deal for Skype Technologies & from signs of strength in the global economy. Walt Disney led the Dow as it rose 81 cents followed by Hewlett-Packard, which added 55 cents.

Fin Times p24 "Expectations of a windfall from Microsoft's Skype deal lift Ebay" by Michael Stothard says Microsoft lost ground after it confirmed that it was buying Skype for $8.5 bil while US stocks continued to trend higher folllowing the strong non farm payrolls report.

Inv. Bus. Daily pA1 "Stocks rise, but action mixed in leaders" by Vincent Mao says stocks stepped up their rebound Tues as they continued to recoup a large chunk of last week's losses. Tuesday's action was stocks up in higher trade. The current outlook was market in correction.

NYT pB9 "Strong earnings & Skype deal lift Wall St" by Ap says corp deals & strong earnings have been credited with driving stocks higher this year, and news on Tues confirmed that trend. The Skype purchase follows AT&T's announcement in March that it would buy T-Mobile for $39 bil and Johnson & Johnson's $21.3 bil deal to buy Synthes.

As of the open of the market Wednesday, 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 is 14.56 down from Tuesday's trailing P/E of 14.47 (year ago it was 15.87); the P/E estimate is 12.75 unchanged from Tuesday's P/E estimate of 12.75 (year ago it was 12.84), and the dividend yield is 2.31 down from Tuesday's dividend yield of 2.33 (last year it was 2.55). 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 and Wednesday's News:

AT&T T $31.69 +0.34 1.08% 17,038,820 NYSE: NYT pB9 "Strong earnings & Skype deal lift Wall St" by Ap says corp deals & strong earnings have been credited with driving stocks higher this year, and news on Tues confirmed that trend. The Skype purchase follows AT&T's announcement in March that it would buy T-Mobile for $39 bil and Johnson & Johnson's $21.3 bil deal to buy Synthes.

Alcoa AA $17.52 -0.01 0.06% 17,793,168 NYSE: No mentions found.

American Express AXP $50.17 -0.02 0.04% 6,437,050 NYSE: No mentions found.

Bank of America BAC $12.28 +0.10 0.82% 90,357,462 NYSE: No mentions found.

Boeing BA $79.95 +0.31 0.39% 3,848,165 NYSE: WSJ pA17 "Boeing is pro-growth, not anti-union" by Jim McNerney, CEO of Boeing says Washington's actions have assaulted the capitalist principles that have sustained America's competitiveness since it became the world's largest economy nearly 140 years ago.

Caterpillar CAT $112.87 +1.21 1.08% 4,910,888 NYSE: No mentions found.

Chevron CVX $104.36 +0.27 0.26% 6,406,642 NYSE: No mentions found.

CSCO $17.79 +0.19 1.08% 68,539,897 NASDAQ-GS: No mentions found.

Coke KO $67.34 +0.39 0.58% 5,527,397 NYSE: No mentions found.

Disney DIS $43.91 +0.81 1.88% 11,689,108 NYSE: WSJ pB3 "Disney's profit sapped by Mars" by Ethan Smith, NYT pB8 "Disney profit decines 1%, partly on movies & parks" by Brooks Barnes say shortage of box office hits and Japan's earthquake cut Disney's quarterly profit as it reported net income of $942 mil for the quarter ended April 2, down 1.2% from $953 mil a year earlier. Rev increaed 5.8% to $9.1 bi.

WSJ pC6 "Skype's the limit: deal lifts DJIA" by Brendan Conway says stocks advanced as investors drew encouragement from Microsoft's $8.5 bil deal for Skype Technologies & from signs of strength in the global economy. Walt Disney led the Dow as it rose 81 cents followed by Hewlett-Packard, which added 55 cents.

DuPont DD $55.89 +0.48 0.87% 4,281,335 NYSE: No mentions found.

Exxon XOM $83.34 +0.16 0.19% 17,608,144 NYSE: No mentions found.

GE $20.3 +0.23 1.15% 37,780,433 NYSE: No mentions found.

Hewlett-Packard HPQ $41.57 +0.55 1.34% 8,980,273 NYSE: Daily Report p6 "HP woos business laptop buyers with wireless Web access" Bloomberg says Hewlett-Packard the largest maker of personal computers, introduced new business laptops and a wireless broadband service designed to help travelers bypass more expensive plans offered by mobile phone carriers.

WSJ pC6 "Skype's the limit: deal lifts DJIA" by Brendan Conway says stocks advanced as investors drew encouragement from Microsoft's $8.5 bil deal for Skype Technologies & from signs of strength in the global economy. Walt Disney led the Dow as it rose 81 cents followed by Hewlett-Packard, which added 55 cents.

WSJ pD3 "H-P Smartphone push that is really a Palm in hand" by Katherine Boehret says if you're a fan of webOS and you prefer carrying a smaller, lighter device, the HP Veer 4G is fast and fun to use, though sliding otu its keyboard isn't as easy as it should be.

Home Depot HD $37.27 +0.31 0.84% 6,795,115 NYSE: Inv. Bus. Daily pA5 "Home improvement chains recover, despite housing slump" by Marily Much says Home Depot's profits have grown by double digit rates the past 5 quarters and Lowe's has seen the same tpe of gains for 3 of the past 5 quarters.

Intel INTC $23.03 +0.27 1.19% 66,168,766 NASDAQ-GS: No mentions found.

IBM $170.38 +1.28 0.76% 4,912,984 NYSE: Inv. Bus. Daily pB3 "IBM satisifies key tests for dividend pick" by Paul Whitfield says IBM's stock is up 16%, double the S&P's 500 gain. It ended '10 at 146.76 and hasn't been below that this year. IBM has been a quiet winner in 2011's hesitant market.

JPMorgan JPM $45.16 +0.20 0.44% 20,231,767 NYSE: No mentions found.

Johnson & Johnson JNJ $65.76 +0.13 0.2% 9,669,011 NYSE: WSJ pB2 "J&J books reserve for probe" by Peter Loftus says Johnson & Johnson set aside an unspecified amount of money toward a potential settlement of a long running US gov probe of allegations that it illegally promoted the antipsychotic Rispedal for unauthorized users. Last month it agreed to pay $78 mil to settle uS & UK allegations that it bribed doctors in Europe and Iraq.

NYT pB1 "Hip makers told to study more data" by Barry Meier says the FDA has ordered all producers of certain artificial hops to undertake studies of the implants, which have been linked to high early failure rates and severe health effects. Johnson & Johnson's DePuy division is affected as are Zimmer, Stryker, Biomet and Wright Medical.

NYT pB9 "Strong earnings & Skype deal lift Wall St" by Ap says corp deals & strong earnings have been credited with driving stocks higher this year, and news on Tues confirmed that trend. The Skype purchase follows AT&T's announcement in March that it would buy T-Mobile for $39 bil and Johnson & Johnson's $21.3 bil deal to buy Synthes.

KFT $34.22 +0.18 0.53% 6,586,380 NYSE: No mentions found.

MCD $79.71 +0.40 0.5% 4,363,891 NYSE: No mentions found.

MRK $36.77 +0.29 0.79% 9,571,447 NYSE: No mentions found.

Microsoft MSFT $25.67 -0.16 0.62% 120,585,816 NASDAQ-GS: WSJ pA1 "Microsoft dials up change" by Nick Wingfield, Fin Times p1 "Microsoft pays $8.5 bil for Skype in push for consumer internet control" by Richard Waters, USA Today p1B "Microsoft to buy Skype in $8.5 bil deal" by Jon Swartz, NYT pB1 "A fallen darling, back at the ball" by Evelyn M. Rusli, NYT pB2 "Skype unlikely to help Microsoft", WSJ pC20 "Microsoft's pricey call on Skype" by Martin Peers, Fin Times p17 "Knocking at the door of tech heaven" by Richard Waters, Inv. Bus. Daily pA1 "Front Page Picture" of Steve Ballmer and Skype CEO, Inv. Bus. Daily pA4 "Microsoft bets big on Skype everywhere" by Patrick Seitz, NYT pA1 "Microsoft sees Internet calls as an anchor" by Steve Lohr,AJC pA9 "Microsoft to buy Skype for $8.5 bil" by Douglas Macmillan, Bloomberg say Microsoft took a bold step in the battle for control of the Internet on Tues with an $8.5 bil acquisition of online telephone service Skype, its biggest acquisition and a deal that broadens its competition with Google & Apple. Putting together Skype, which has 145 users in an average month, with users of Microsoft's existing devices and software platforms would boost the attractions of Microsoft's products said Steve Ballmer.

WSJ pC6 "Skype's the limit: deal lifts DJIA" by Brendan Conway says stocks advanced as investors drew encouragement from Microsoft's $8.5 bil deal for Skype Technologies & from signs of strength in the global economy. Walt Disney led the Dow as it rose 81 cents followed by Hewlett-Packard, which added 55 cents.

Fin Times p24 "Expectations of a windfall from Microsoft's Skype deal lift Ebay" by Michael Stothard says Microsoft lost ground after it confirmed that it was buying Skype for $8.5 bil while US stocks continued to trend higher folllowing the strong non farm payrolls report.

NYT pB9 "Strong earnings & Skype deal lift Wall St" by Ap says corp deals & strong earnings have been credited with driving stocks higher this year, and news on Tues confirmed that trend. The Skype purchase follows AT&T's announcement in March that it would buy T-Mobile for $39 bil and Johnson & Johnson's $21.3 bil deal to buy Synthes.

Pfizer PFE $20.86 +0.26 1.26% 33,269,383 NYSE: No mentions found.

Procter & Gamble PG $65.73 +0.59 0.91% 8,085,436 NYSE: No mentions found.

3M MMM $95.71 -0.28 0.29% 3,286,615 NYSE: No mentions found.

Travelers TRV $63.86 +0.47 0.74% 3,000,209 NYSE: No mentions found.

United Technologies UTX $89.81 +0.29 0.32% 2,661,943 NYSE: No mentions found.

Verizon VZ $37.57 +0.33 0.89% 10,232,859 DualListed: No mentions found.

Walmart WMT $55.53 +0.43 0.78% 8,755,091 NYSE: No mentions found.

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