6/16/11 Thurs. pm Dow Closes at 11,961.52 up 64.25 or 0.54%

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Post No. 1,072 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 May 23, 2011 and Dow 30 components' SEC filings as of May 24, 2011.

The Dow Jones Industrial Average closed Thursday at 11,961.52 up 64.25 or 0.54% from Wednesday's close of 11,897.27. Of the 30 Dow components 24 gained, Intel was unchanged and 5 declined. The biggest gainer dollar-wise and percentage-wise was American Express AXP $48.41 +1.13 2.39% 8,903,495 NYSE. The biggest decliner dollar-wise was Disney DIS $38.01 -0.38 0.99% 11,801,567 NYSE and percentage-wise was Alcoa AA $14.79 -0.17 1.14% 24,149,830 NYSE.

As of the open of the market Thursday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132129493. Today's trailing P/E is 13.54 down from yesterday's trailing P/E of 13.74 (year ago it was 15.13); today's P/E estimate is 12.01 unchanged from yesterday's P/E estimate of 12.01 (year ago it was 12.56), and today's dividend yield is 2.52 up from yesterday's dividend yield of 2.48 (last year it was 2.66). 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.

Thursday's Dow Jones Industrial Average closing numerator was 1,580.46 up 8.48 from Wednesday's closing numerator of 1,571.98. 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 7.57 change in the average.

The average closing price (the closing numerator divided by 30) of Thursday's Dow Jones Industrial Average was $52.68 down 0.79 from Wednesday's average closing price of $52.40. The median closing price of Thursday's Dow Jones Industrial Average was $44.38 (AXP/JPM) down 0.50 from Wednesday's median closing price of $44.88. The lowest volume was 3M MMM $91.58 +0.55 0.6% 2,987,261 NYSE and the highest volume was again Bank of America BAC $10.6 +0.10 0.95% 198,925,951 NYSE.

If Thursday 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 $848 (158,046 - $157,198).

MarketWatch Wednesday 6/15/11 4:48 pm by Kate Gibson says US stocks recovered to end mostly higher Thursday after a choppy session had Wall Street veering between the debt crisis in Greece and U.S. economic data that offered some respite. “It’s wait-and-see ahead of the weekend,” said Peter Boockvar, equity strategist at Miller Tabak, of talks involving the European Union and the International Monetary Fund. “Everything comes down to getting money from the IMF, and how to go about having private bond holders having to give up something as part of this bailout package.”
And, jobless claims “falling was a sigh of relief considering it’s disappointed almost every week for the past eight,” Boockvar added of new applications for unemployment benefits dropping more than analysts predicted.The Dow Jones Industrial Average gained 64.25 points, or 0.5%, to 11,961.52, a level that leaves it 0.5% higher than last Friday’s close.

Up 0.2% on the week, the Standard & Poor’s 500 Index climbed 2.22 points, or 0.2%, to end at 1,267.64, with utilities and consumer staples faring best and natural-resource companies hit the hardest among its 10 industry groups. “Chart watchers are keeping a close eye on the roughly 1,250 area for the S&P, as it represents support using a number of different technical indicators. Any positive news out of Greece should lead to a decent short-term rally, assuming the situation does get resolved soon,” said Michael Sheldon, chief market strategist at RDM Financial. The Nasdaq Composite Index fell 7.76 points, or 0.3%, to 2,623.70, down 0.3% on the nearly finished week. Decliners edged ahead of advancers on the New York Stock Exchange, where nearly 1.1 billion shares. Stock futures trimmed their decline before the start of the regular trading session after jobless claims fell more than expected and housing starts also beat estimates, helping rein in anxiety about the economy. And prospects for Greece brightened a bit, after the International Monetary Fund vowed to continue to support Greece, saying in an emailed statement that it anticipates a “positive outcome“ at the next meeting of euro-zone leaders. Research In Motion is expected to report a drop in net income when it issues quarterly earnings late Thursday, as the company struggles to sell higher-priced models of its BlackBerry family. “What happens in Greece over the next several days is probably the biggest issue facing the market in the near term, there’s been a lot of talk but no final action taken to resolve the situation, and the longer this goes on the more uncertainty it creates,” said RDM Financial’s Sheldon. Others played down the impact on the ongoing trouble overseas. “Typically the market never discounts the same news twice, and bull markets never end on old news. This is just a lack of buying interest and no selling pressure,” said Keith Springer, president of Springer Financial Advisors. “The only thing that will make this market go up is earnings, and that’s a few weeks away,” Springer added. The Labor Department reported new applications for unemployment benefits fell 16,000 to 414,000 last week, while construction began on 560,000 homes in May, up 3.5% from the prior month. Read full report on jobless claims. Not long after the opening bell, the major indexes briefly fell into the red after a manufacturing index from the Philadelphia Federal Reserve proved disappointing. The Philadelphia Fed’s manufacturing index declined from plus 3.9 in May to a negative 7.7 in June, and came after a negative reading from the New York Fed on Wednesday. The prior day’s report on factory activity in the New York region had already “alerted market participants to the idea that manufacturing weakness extended into June,” said Dan Greenhaus, chief global strategist at BTIG LLC.

Thursday's Closing Dow Numbers:

AT&T T $30.43 +0.08 0.26% 18,898,034 NYSE
Alcoa AA $14.79 -0.17 1.14% 24,149,830 NYSE
American Express AXP $48.41 +1.13 2.39% 8,903,495 NYSE
Bank of America BAC $10.6 +0.10 0.95% 198,925,951 NYSE
Boeing BA $74.01 +0.16 0.22% 4,446,339 NYSE
Catepillar CAT $95.46 -0.19 0.2% 8,883,029 NYSE
Chevron CVX $99.43 +1.02 1.04% 7,779,028 NYSE
Cisco CSCO $15.05 +0.21 1.42% 72,937,254 NASDAQ-GS
Coke KO $65.49 +0.52 0.8% 7,761,785 NYSE
Disney DIS $38.01 -0.38 0.99% 11,801,567 NYSE
DuPont DD $49.34 -0.20 0.4% 6,173,205 NYSE
Exxon XOM $79.22 +0.56 0.71% 19,036,819 NYSE
GE $18.44 +0.05 0.27% 54,657,433 NYSE
Hewlett-Packard HPQ $34.97 +0.71 2.07% 28,148,830 NYSE
Home Depot HD $34.5 +0.62 1.83% 14,068,587 NYSE
Intel INTC $21.42 unch unch 53,582,730 NASDAQ-GS
IBM $162.67 +0.34 0.21% 4,851,071 NYSE
JPMorgan JPM $40.36 -0.32 0.79% 50,227,109 NYSE
JNJ $66.32 +0.16 0.24% 11,680,308 NYSE
KFT $34.3 +0.28 0.82% 8,209,444 NYSE
McDonald's MCD $81.81 +0.57 0.7% 5,258,494 NYSE
MRK $35.18 +0.01 0.03% 10,115,905 NYSE
MSFT $23.995 +0.255 1.07% 57,060,153 NASDAQ-GS
Pfizer PFE $20.24 +0.05 0.25% 41,137,248 NYSE
Procter & Gamble PG $64.26 +0.50 0.78% 8,878,946 NYSE
MMM $91.58 +0.55 0.6% 2,987,261 NYSE
Travelers TRV $57.76 +0.22 0.38% 3,136,513 NYSE
United Technologies UTX $84.35 1.08 1.3% 4,752,243 NYSE
Verizon VZ $35.24 +0.12 0.34% 10,519,189 DualListed
Walmart WMT $52.83 +0.51 0.97% 11,734,814 NYSE



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The following are excerpts from Thurs. morning's Blog:

A read of the print editions of Thursday's Wall St. Journal, Financial Times, Investor's Business Daily, New York Times, USA Today, Atlanta Journal Constitution & Daily Report (Georgia - 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 Wednesday's stock prices and related data.

Dow Jones Industrial AverageThe Dow Jones Industrial Average closed Wednesday at 11,897.27 down 178.84 or 1.48% from Tuesday's close of 12,076.11. For the year the Dow is up 2.76%. Of the 30 Dow components none gained and all 30 declined. The biggest decliner dollar-wise was Caterpillar CAT $95.76 -2.10 2.15% 7,654,162 NYSE and percentage-wise was Alcoa AA $14.985 -0.425 2.76% 24,938,455 NYSE.

WSJ pC1 "Greek scare spills into US" by Tkom Lauricella says renewed worries about the damage a Greek default could inflict on European banks, along with another batch of bad news for the US economy, sent the Euro tumbling & stock & commodities prices into sharp retreat.

Inv. Bus Daily pA1 "Stocks dive, undercutting recent lows" by Paul Whitfield says stocks staggered to big losses Wed, erasing all of the prior day's surge & more. Wed's action was stocks plunge, hit new lows in higher volume. The current outlook is the market is in a correction.

Fin Times p28 "Rin'l, materials & energy sectors hit amid economic gloom" by Michael Stothard says fin'l, energy & materials led the sharp losses as sentiment was weighed on by disappointing economic data, helping to drag the broader indices towards their 7th straight week of losses.

NYT pB3 "Markets fall as worry rises in Greek crisis & US recovery slows" all of the sectors were down by 1.24% or more, with fin'l & materials recording down more than 2.3%.

USA Today p4B "S&P 500 gain for the year threatened after stocks drop" by Bloomberg says stocks fell Wed threatening the '11 gain for the S&P 500 on concern Greece will default and signs the US economy is cooling down. Alcoa & Exxon sank 45 cents & 1.72 as commodities slumped. Bank of America slid 30 cents following losses in European lenders, as officials failed to agree on a Greek rescue plan.

Wednesday's Dow Jones Industrial Average closing numerator was 1,571.98 down 23.63 from Tuesday's closing numerator of 1,595.61. 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 7.57 change in the average.

The average closing price (the closing numerator divided by 30) of Wednesday's Dow Jones Industrial Average was $52.40 down 0.79 from Tuesday's average closing price of $53.19. The median closing price of Wednesday's Dow Jones Industrial Average was $44.88 (AXP/JPM) up 0.56 from Tuesday's median closing price of $44.88. The lowest volume was 3M MMM $91.03 -1.56 1.68% 3,350,125 NYSE and the highest volume was again Bank of America BAC $10.52 -0.28 2.59% 190,076,749 NYSE.

If Wednesday 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 $2,363 ($159,561 - $157,198).

MarketWatch Wednesday 6/15/11 4:14 pm by Kate Gibson says US stocks on Wednesday took their biggest hit in two weeks, with the major indexes falling hard on a combination of worries about Europe's debt crisis and data illustrating a slower U.S. economy. "All the macro issues are banging the market around because we're in the corporate news void," said Mark Luschini, chief investment strategist at Janney Montgomery Scott. The Dow Jones Industrial Average fell 178.84 points, or 1.5%, to 11,897.27. The Standard & Poor's 500 Index dropped 22.45 points, or 1.7%, to 1,265.42. The Nasdaq Composite Index fell 47.26 points, or 1.8%, to 2,631.46.

Wednesday's Closing Dow Numbers & Thursday's News:

AT&T T $30.34 -0.45 1.46% 21,476,866 NYSE:

Alcoa AA $14.985 -0.425 2.76% 24,938,455 NYSE: USA Today p4B "S&P 500 gain for the year threatened after stocks drop" by Bloomberg says stocks fell Wed threatening the '11 gain for the S&P 500 on concern Greece will default and signs the US economy is cooling down. Alcoa & Exxon sank 45 cents & 1.72 as commodities slumped. Bank of America slid 30 cents following losses in European lenders, as officials failed to agree on a Greek rescue plan.

American Express AXP $47.3697 -0.7803 1.62% 6,364,679 NYSE: AJC pA15 "No cap on swipe fees or prepaid Amex card" by Bloomberg says Amex's new prepaid won't charge for a lot of the perks other cards charge for such as online purchases, balance inquiries, activation,, replacements etc.

Bank of America BAC $10.52 -0.28 2.59% 190,076,749 NYSE: Daily Report p6 "US: BofA hindered foreclosure review" by David McLaughlin, Bloomberg says BofA significantly hindred a fed review of its foreclosures on loans insured by the FHA and it was slow in providing data & offered incomplete info per a US HUD inspector general's office report.

USA Today p4B "S&P 500 gain for the year threatened after stocks drop" by Bloomberg says stocks fell Wed threatening the '11 gain for the S&P 500 on concern Greece will default and signs the US economy is cooling down. Alcoa & Exxon sank 45 cents & 1.72 as commodities slumped. Bank of America slid 30 cents following losses in European lenders, as officials failed to agree on a Greek rescue plan.

Boeing BA $73.88 -0.76 1.02% 5,850,492 NYSE: WSJ pB2 "Boeing & Union hold talks" by Melanie Trottman says at NLRB judge's urging, the parties will enter closed door meeting to explore settlement re: claims Boeing shifted work to non-union S. Carolina plants.

USA Today paB "Briefly", Inv. Bus. Daily pA2 "Boeing, GE see airline demand", AJC pA16 "Boeing plans to boost product of 737 jets" say Boeing will increase production of its next generation 737 and will plan 42 of them per month by the first half of '14.

Caterpillar CAT $95.76 -2.10 2.15% 7,654,162 NYSE: No mentions found.

Chevron CVX $98.52 -2.08 2.07% 8,672,281 NYSE: AJC pA16 "Chevron gets OK to look for shale gas in Bulgaria" says Chevron will prepare a 5 year project worth $72 mil to drill for gas in NW Bulgaria over the next 5 years.

Cisco CSCO $14.84 -0.24 1.59% 91,631,688 NASDAQ-GS: Fin Times p12 "Case study Cisco" by Jennifer Chatman says Cisco has used a buy strategy for acquiring the management talent to handle growth by buying other firms or recruitng extenally.

Coke KO $64.95 -0.66 1.01% 7,179,344 NYSE: No mentions found.

Disney DIS $38.43 -0.16 0.41% 9,931,784 NYSE: No mentions found.

DuPont DD $49.59 -0.70 1.39% 6,715,285 NYSE: No mentions found.

Exxon XOM $78.88 -1.50 1.87% 19,480,941 NYSE: USA Today p4B "S&P 500 gain for the year threatened after stocks drop" by Bloomberg says stocks fell Wed threatening the '11 gain for the S&P 500 on concern Greece will default and signs the US economy is cooling down. Alcoa & Exxon sank 45 cents & 1.72 as commodities slumped. Bank of America slid 30 cents following losses in European lenders, as officials failed to agree on a Greek rescue plan.

GE $18.4095 -0.1905 1.02% 52,650,634 NYSE: WSJ pB5 "CFM gets Airbus A320 engine order" by David Pearson says CFM Int'l, a jv of GE and Fench Safran booked is first order for engines to power the new Airbus A320. Airbus is also offering the PW1100G which is powered by United Tech's Pratt & Whitney.

Inv. Bus. Daily pA2 "Boeing, GE see airline demand" says GE's head of aviation unit say he sees commercial engine production rising 13% to 2,480 in '12 fuled by demand for newer, ore fuel efficient models.

Hewlett-Packard HPQ $34.33 -0.40 1.15% 23,250,948 NYSE: WSJ pB6 "Acer cuts notebook, tablet forecasts" by Lorraine Luk says Hewlett-Packard said this month it would take a one time charge of $150 mil to reflect questionable accounts of inventories & receivables at its European operations & cut its staff there by 15%.

Home Depot HD $33.89 -0.86 2.47% 13,535,801 NYSE: No mentions found.

Intel INTC $21.42 -0.40 1.83% 47,588,591 NASDAQ-GS: No mentions found.

IBM $162.47 -1.65 1.01% 4,499,868 NYSE: USA Today p1B "IBM shows scret to corporate longevity" by Matt Krantz says Big Blue survives 100 years by always adapting.

JPMorgan JPM $40.77 -0.835 2.01% 33,910,123 NYSE: AJC pA16 "JPMorgan settles credit case for $2 mil" says JPM settled this claim with fed egularos who siad it used high pressure tacts to get auto loan customers to buy contracts that would suspend loan payments if they lost their job.

Johnson & Johnson JNJ $66.195 -0.905 1.35% 11,089,893 NYSE: WSJ pB1 "Stent pioneer J&J to exit business" by Jonathan Rockoff, Fin Times p16 "J&J to close drug coated stent unit & shut plants" by Alan Rappeport, NYT pB2 "Johnson & Johnson to end line of drug coated heart stents" by Duff Wilson, AJC pA16 "Johnson & Johnson cuts back on stents" say Johnson & Johnson which pioneered drug-coated stents for heat patients, is ceding the territory to rivals with better products as it will close its Cordis business and focus on diagnostics and stents for blood vessels outside the heart. @ factories will be shut and hundreds of jobs shed as it will take a charge this quarter of up to $600 mi.

KFT $34 -0.26 0.76% 9,424,266 NYSE: No mentions found.

McDonald's MCD $81.3 -0.17 0.21% 4,856,648 NYSE: No mentions found.

MRK $35.18 -0.46 1.29% 10,573,902 NYSE: No mentions found.

MSFT $23.74 -0.48 1.98% 48,381,061 NASDAQ-GS: No mentions found.

Pfizer PFE $20.21 0-.37 1.8% 38,353,977 NYSE: No mentions found.

Procter & Gamble PG $63.76 -1 1.54% 11,672,936 NYSE: No mentions found.

MMM $91.03 -1.56 1.68% 3,350,125 NYSE: No mentions found.

TRV $57.54 -1.11 1.89% 4,174,826 NYSE: No mentions found.

United Technologies UTX $83.27 -$0.75 3,443,000 NYSE: WSJ pB5 "CFM gets Airbus A320 engine order" by David Pearson says CFM Int'l, a jv of GE and Fench Safran booked is first order for engines to power the new Airbus A320. Airbus is also offering the PW1100G which is powered by United Tech's Pratt & Whitney.

Travelers UTX $83.27 -0.75 0.89% 3,442,999 NYSE: No mentions found.

Verizon VZ $35.12 -0.46 1.29% 13,816,375 DualListed: No mentions found.

Walmart WMT $52.32 -0.59 1.12% 15,111,796 NYSE: Inv. Bus. Daily pA2 "Walmart" says Walmart plans to open 152 supercenters in the US this year up from 135 in '10. It will start selling beef in all of its stores this month.

WSJ pB5 "Walmart is facing latest salvo from union" by Miguel Bustillo says a hundred Walmart workers representing a new, union financed group called OUR Walmart will converge at WMT's headquarters in Ark to demand that management pay attention to their concerns.

WSJ pC1 "This Grocer could stay in the discount bin" by Kelly Evans says Walmart and others are trying to hold the line on rising cost of food which is putting pressure on traditional grocers like Kroger.

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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 5/23/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $397 [5]
2. Procter & Gamble PG 269 [4]
3. GE 205.5 [10.5]
4. Chevron CVX 204 [2]
5. IBM 204 [1]
6. Microsoft MSFT 203 [8.5]
7. WalMart WMT 192.5 [3.5]
8. AT&T T 184 [6]
9. Johnson & Johnson JNJ 180 [3]
10. JPMorgan Chase JPM 169 [4]
11. Pfizer PFE 162.5 [8]
12. Coke KO 154.5 [2.5]
13. Intel INTC 125.5 [5.5]
14. Bank of America BAC 116 [10]
15. Merck MRK 114 [3]
16. Verizon VZ 109.5 [3]
17. Cisco CSCO 90.5 [5.5]
18. McDonald's MCD 85.5 [1]
19. United Technologies UTX 79 [1]
20. Disney DIS 78 [2]
21. Hewlett-Packard HPQ 77.5 [2]
22. Caterpillar CAT 65.5 [.5]
23. 3M MMM 65.5 [.5]
24. Kraft KFT 61.5 [2]
25. American Express AXP 61.5 [1]
26. Home Depot HD 59 [1.5]
27. Boeing BA 56.5 [1]
28. DuPont DD 48 [1]
29. Travelers TRV 26 [.5]
30. Alcoa AA 17 [1]


Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 5/24/11:

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

AT&T T: 5/6/11 10Q for quarter ended 3/31/11
5/5/11 8K re: voting results of 4/29 Annual Meeting of Stockholders
4/29/11 8K re: sale of $3 bil of Global Notes due '16 & '21
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

Alcoa AA: 5/18/11 8K re: Chris Ayers elected Pres. of AA Blobal Primary Products
5/11/11 8K re: retirement of Joe Gorman from Bd. of Dires
5/6/11 8K re: Issuance of Sustainability Highlights Report
4/29/11 8K re: tender offer for 6% '13 Notes
4/29/11 8K re: grants under Stock Incentive Plan
4/27/11 Proxy materials re: exec comp
4/21/11 10Q & 4/21/11 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: 5/16/11 re: delinquency & write-off stats for period ended 4/30/11
5/5/11 8KA & 8K re: appointment & compensation of David Cornish as Acting Comptroller
5/4/11 10Q quarter ended 3/31/11
4/26/11 8K re: departure of Comptroller & also Deputy Comptroller
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: 5/11/11 8K re: Voting results of Stockholders Annual Meeting held 5/16
5/5 10Q for quarter ended 3/31/11
5/2/11 8K re: update of legal opinion re: Medium-Term Notes
4/28/11 Proxy re: voting at 5/11 Stockholder Meeting and info re: independence of nominee for Board
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: 5/3/11 8K re: amending bylaws decreasing Board from 13 to 12
4/27 10Q & 4/27/11 8K re: quarter ended 3/31/11
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: 5/23/11 Proxy re: voting reminder re: 6/8 Meeting of Stockholders
5/23/11 8K re: revisions to 10K fin'l statements
5/19/11 8K re: dealer stats
5/9/11 10Q for quarter ended 3/31/11
4/29/11 8K re: info re: sales to dealers
4/29/11 8K re fin'l results quarter ended 3/31/11
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

Chevron CVX: 5/5/11 10Q & 4/29/11 8K re quarter ended 3/31/11
4/14/11 4 Proxy filings re: Annual Meeting of Stockholders on 5/25/11 at Chevron headquarters in San Ramon, CA.

Cisco CSCO 5/11/11 8K re: results of quarter ended 4/30/11
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

Coke KO 5/2/11 10Q & 4/26/11 8K for quarter ended 4/1/11
4/29/11 8K re: voting results of Annual Meeting of Shareholders held on 4/27
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.

Disney DIS 5/20/11 8K re: sales of $500 mil 3.75% Global Notes Due '21
5/10 8K & 5/10/11 10Q re: quarter ended 4/2/11
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.

DuPont DD: 5/24/11 8K re: completion of acquisition of 92.2% of shares of Danisco SA
5/5/11 8K re: tender offer for Danisco
5/3/11 8K re: voting results of 4/27 Annual Meeting of Stockholders
4/26/11 10Q for quarter ended 3/31/11
4/21/11 8K re results for quarter ended 3/31/11
4/13/11 Proxy re annual meeting of stockholders on 4/27/11 in 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: 5/6/11 Proxy re: add'l material re: advisory vote on exec comp
5/5/11 10Q & 4/28/11 for quarter ended 3/31/11
4/29/11 8K re: amendment of bylaws making Treasurer also CFO
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

GE: 5/6/11 10Q for quarter ended 3/31/11
5/2/11 8K re: voting results of 4/27 Annual Meeting of Shareholders
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

Hewlett-Packard HPQ: 5/7/11 8k re: fin'l results for quarter ended 4/30/11
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.

Home Depot HD: 5/17/11 8K re: fin'l results for quarter ended 5/1/11
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

Intel INTC: 5/24/11 8K re: Voting results of 5/19/11 Annual Meeting of Stockhodlers
5/17/11 8K re: FD disclosures re: investor Meeting
5/11/11 8K re: increase in 3rd Quarter dividend
5/9/11 8K & 5/9/11 10Q for quarter ended 4/2/11
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

IBM: 5/11/11 8K re: issuance of $1 bil of debt
4/28/11 8K re: voting results of 4/26/11 Meeting of Stockholders
4/26/11 10Q for quarter ended 3/31/11
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: 5/24/11 8K re: legal opinion re: $500 mil Floating Senior Medium Term Notes due '16
5/23/11 8K Voting results of Shareholder Meeting held 5/17/11
5/10/11 8K re: legal opinion re: $2 bil of 4.6% Notes due '21
5/6/11 10Q for quarter ended 3/31/11
4/29/11 8K re: legal opinion for $2 bil Floating Senior Medium Term Notes
4/29/11 8K re: registering Global Notes
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 : 5/20/11 8K re: sale of over $4 bil of Notes due '13 - '41
5/2/11 8K re: merger agreement with Synthes
4/29/11 8K re: voting results of 4/28 Meeting of Shareholders
4/27/11 8K re: offer to buy Synthes for $21.3 bil
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: 5/6/11 10Q & 5/5/11 8K for quarter ended 3/31/11
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: 5/23/11 8K re: voting results of 5/19 Shareholder Meeting
5/20/11 8K re: issuance of $400 mil Medium-Term Notes
5/16/11 proxy material re: stock options
5/9/11 8K re: Invetor Release re: April sales
5/6/11 10Q for quarter ended 3/31/11
5/3/11 proxy materials re: reminder how to vote
4/21/11 8K re: first quarter results
4/15/11 Proxy re: talking 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: 5/9/11 10Q & 4/29/11 8K re: quarter ended 3/31/11
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: 5/10/11 8K re: purchase of Skype for $8.5 bil in cash
4/28/11 10Q & 4/28/11 8K for quarter ended 3/31/11
2/8/11 8K re: underwriting agreement for $750 mil of 2.5% Notes due 2016


Pfizer PFE: 5/12/11 10Q & 5/3/11 8K for quarter ended 4/3/11
5/3/11 8K re: voting results of shareholder Meeting held on 4/28
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

Procter & Gamble PG: 5/12/11 8KA re: election of Margaret Whitman to Board
5/4/11 8K re: retirement of Ed Shirley as Vice Chair, Beauty & Grooming
4/29/11 10Q & 4/28/11 8K for quarter ended 3/31/11
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: 5/18/11 2 8Ks re: pre-arranged stock trading plans for General Counsel & CEO respectively
5/16/11 8K re: election of Inge Thulin as EVP & COO
5/11/11 8K re: voting results from 5/10/11 Annual Meeting of Stockholders
5/5/11 10Q & 4/26/11 for quarter ended 3/31/11
4/26/11 Porxy material re: how to vote at 5/10 Annual Meeting of Stockholders
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: 4/25/11 10Q for quarter ended 3/31/11
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: 5/10/11 8K re: voting results from 5/5/11 Annual Meeting of Shareholders
4/28/11 10Q for quarter ended 3/31/11
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: 5/17/11 8K re: fin'l results for quarter ended 4/30/11
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