Friday, August 12, 2011

8/12/11 Fri pm Dow Closes at 11,269.02 up 125.71 or 1.13%

www.DowJonesMonitor.com

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Post No. 1,161 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 and Dow 30 components' SEC filings in each case as of August 2, 2011.

The Dow Jones Industrial Average closed Friday at 11,269.02 up 125.71 or 1.13% from Thursday's close of 11,143.31. For the week the Dow is down 175.59 or 1.5% from last Friday's close of 11,444.61. Of the 30 Dow components 22 gained and 8 declined. The biggest gainer dollar-wise and percentage-wise was Boeing BA $61.75 +2.90 4.93% 10,070,484 NYSE. The biggest decliner dollar-wise and percentage-wise was JPMorgan JPM $35.91 -0.78 2.13% 44,003,967 NYSE.

As of the open of the market Thursday, the current divisor for the Dow Jones Industrial Average found at page C4 of Thursday's Wall St. Journal is 0.132129493. Today's trailing P/E ratio is 12.48 up from Thursday's trailing P/E ratio of 11.99 (year ago it was 13.94); Friday's P/E estimate is 11.48 unchanged from yesterday's P/E estimate of 11.48 (year ago it was 12.49), and Friday's dividend yield is 2.73 down from Thursday's dividend yield of 2.84 (last year it was 2.71). 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.

Friday's Dow Jones Industrial Average closing numerator was 1,488.97 up 16.61 from Thursday's closing numerator of 1,472.36. 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 Friday's Dow Jones Industrial Average was $49.63 up $0.45 from Thursday's average closing price of $49.08. The median closing price of Friday's Dow Jones Industrial Average was $40.40 (AXP/JPM) down $0.48 from Thursday's median closing price of $40.88. The lowest volume was Travelers TRV $51.13 -0.26 0.51% 4,776,012 NYSE and the highest volume again was Bank of America BAC $7.19 -0.06 0.83% 298,471,700 NYSE.

If Friday 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 $1,661 ($148,897 - $147,236).

MarketWatch Friday 8/12/11 5:18 pm by Wallace Witkowski says U.S. stocks closed higher Friday, moderating losses for a week of violent swings, following a rally in European stocks and encouraging retail sales data.
The Dow Jones Industrial Average advanced 125.71 points, or 1.1%, to close at 11,269.02, for a fifth-straight triple-digit swing. The last time the Dow had five days of triple-digit moves was the period ended Jan. 22, 2010. The index closed down 175.59 points, or 1.5%, for the week, which included an unprecedented four sessions of 400-point-plus swings in a row, including two massive losses. “It’s true the market is off its meds for the moment, but it’s still highly susceptible to headline news,” said Karl Mills, chief investment officer at Jurika, Mills and Keifer in San Francisco. Twenty-one out of 30 Dow stocks advanced with shares of Boeing Co. Hewlett-Packard Co. and United Technologies Corp. leading gains and J.P. Morgan Chase & Co. shares lagging on the index. Joe Kinahan, chief derivatives strategist at T.D. Ameritrade, says traders are watching the 1,070 level on the S&P 500 index futures as the next point of resistance. In other words, there could be more short-term pain ahead. The Standard & Poor’s 500 Index advanced 6.17 points, or 0.5%, to close at 1,178.81, for a 1.5% loss for the week. The Nasdaq Composite Index rose 15.30 points, or 0.6%, to close at 2,507.98, for a 1% loss on the week. Investors looked past a mixed bag of U.S. data and traded on momentum from European stocks, where plans by German and French leaders to meet contributed to a dim hope that crisis conditions may be easing. Michael Gibbs, director of equity strategy at Morgan Keegan, said concerns about Europe are fueling about 80% of the unprecedented volatility and market swings of late. “You’ve got some extremely confused investors out there,” he said. The Chicago Board Options Exchange’s volatility index or so-called “fear index” declined 6.8% by the close, and is up 14% for the week. With the VIX indicating the market is in for heightened volatility for the foreseeable future, Gibbs said investors are in a regrouping mode and that markets will only gain solid footing when Europe stabilizes with either some increase to its stability fund or the launching of a common eurobond. Gibbs said next week’s planned meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy will serve as a catalyst for markets looking for some sign of resolution to European debt woes. Ken Tower, senior analyst at Quantitative Analysis Service in Jersey City, N.J., said much of Friday’s gains were a relief rally following in the footsteps of Europe’s gains. The STOXX Europe 600 ended Friday’s session 3% higher, trimming its weekly loss to 0.6%. “We kicked it off yesterday, but if Europe doesn’t follow our lead it doesn’t count for much,” Tower said. Tower expects volatility to begin tapering off as part of a market bottoming process over the next four to six weeks. Analysts shrugged off the influence of European short-sale bans on the market. Tower hoped the rally in European stocks wasn’t tied to the ban, calling it a “short-term artificial plug.” Gibbs called the ban a “joke” that allows stocks to just do OK at best, and is more likely cause them to underperform. Read more on short-sale ban. Mills called the short-sale news “window dressing” and said European markets were up because of constructive headlines like Sarkozy and Merkel meeting rather than the destructive headlines like liquidity concerns at French banks. Retail, consumer data
Stocks cooled briefly after the University of Michigan/Thomson Reuters index of consumer sentiment dropped to 54.9 in August — the lowest in 31 years. The major indexes had opened sharply higher after government data showed a 0.5% increase in retail sales for July. Advancers remained ahead of decliners by nearly two to one on the New York Stock Exchange, where more than 1.2 billion shares traded hands by the close. Composite volumes continued to be brisk. NYSE-listed share volume topped 5 billion shares on all exchanges Friday, and Nasdaq-listed share volume rose above 2.2 billion shares. Average daily volumes for NYSE-listed shares have reached an eye-popping 7.27 billion shares for August, compared with a 4.28 billion-share daily average for the year to date. Nasdaq-listed stocks have averaged 3.17 billion shares traded a day for August, compared with a year-to-date average daily volume of 2.03 billion shares.

Friday's Closing Dow Numbers:

AT&T T $28.22 -0.22 0.77% 42,560,081 NYSE
Alcoa AA $12.26 +0.01 0.08% 36,107,609 NYSE
American Express AXP $44.89 -0.18 0.4% 9,944,308 NYSE
Bank of America BAC $7.19 -0.06 0.83% 298,471,700 NYSE
Boeing BA $61.75 +2.90 4.93% 10,070,484 NYSE
Caterpillar CAT $89.81 +2.56 2.93% 11,439,905 NYSE
Chevron CVX $95.86 +1.79 1.9% 13,358,884 NYSE
Cisco CSCO $15.99 +0.07 0.44% 95,531,677 NASDAQ-GS
Coke KO $67.14 +0.67 1.01% 10,154,416 NYSE
Disney DIS $33.09 +0.97 3.02% 24,425,399 NYSE
DuPont DD $47.36 +0.40 0.85% 8,911,982 NYSE
Exxon XOM $72 +2.18 3.12% 31,125,702 NYSE
GE $15.88 +0.20 1.28% 74,785,823 NYSE
Hewlett-Packard HPQ $32.32 +1.27 4.09% 23,706,963 NYSE
Home Depot HD $30.58 +0.53 1.76% 18,734,619 NYSE
Intel INTC $20.65 -0.11 0.53% 54,159,031 NASDAQ-GS
IBM $168.2 +1.47 0.88% 5,186,531 NYSE
JPMorgan JPM $35.91 -0.78 2.13% 44,003,967 NYSE
Johnson & Johnson JNJ $63.36 -0.08 0.13% 42,320,217 NYSE
Kraft KFT $34.4 +0.30 0.88% 14,456,246 NYSE
McDonald's MCD $86.5 +0.22 0.25% 6,530,507 NYSE
Merck MRK $31.34 +0.14 0.45% 19,718,883 NYSE
Microsoft MSFT $25.1 -0.09 0.36% 64,769,018 NASDAQ-GS
Pfizer PFE $17.86 +0.05 0.28% 57,373,588 NYSE
Procter & Gamble PG $61.14 +0.69 1.14% 13,436,061 NYSE
3M MMM $82.54 +1.32 1.63% 5,717,759 NYSE
Travelers TRV $51.13 -0.26 0.51% 4,776,012 NYSE
United Technologies UTX $72.45 +2.71 3.89% 9,431,390 NYSE
Verizon VZ $34.3 +0.32 0.92% 21,376,147 DualListed
Walmart WMT $49.75 +0.02 0.04% 15,134,819 NYSE




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The following are excerpts from Fri. morning's Blog.

A read of the print editions of Friday's Wall St. Journal, Financial Times, New York Times, USA Today, & 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 Thursday's stock prices and related data.

Dow Jones Industrial AverageThe Dow Jones Industrial Average closed Thursday at 11,143.31 up 423.37 or 3.95% from Wednesday's close of 10,719.94. For the year the Dow is down 3.75%. Of the 30 Dow components all 30 gained. The biggest gainer dollar-wise was IBM $166.73 +4.19 2.58% 8,961,182 NYSE and percentage-wise was Cisco CSCO $15.92 +2.19 15.95% 285,109,710 NASDAQ-GS.

WSJ pC3 "Cisco provides a boost as US stocks surge" no byline says a possible turn around at Cisco was one big catalyst in a massive advance of blue chips Thurs. Cisco is charted under Good News saying cost controls follwoing a change in its strategy impressed investors. Bank of America which slumped 11% Wed was the second strong Dow firm up 48 cents.

Fin Times p20 "BofA and capital one to the fore as banking sector leads turnround" by Telis Demos says stocks continued a historic week of volatility with a sharp upward swing after an unexpected drop in jobless claims eased fears about the US economy. Cisco is charted.

NYT pA1 "It zigs, it zags: market is up 4$ after down day" by Floyd Norris says the stock market appears to have no idea as it lurches from panicked selling to fevered buying and then back again.

USA Today p4B "Lower jobless claims, strong company earnings lift stocks" b Bloomberg says US stocks rallied Thur following the worst plunge since the bull market began in '09, as a drop in jobless claims & better than expected earnings tempered concern that Europe's debt crisis is worsening.

Thursday's Dow Jones Industrial Average closing numerator was 1,472.36 up 55.94 from Wednesday's closing numerator of 1,416.42. 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 Thursday's Dow Jones Industrial Average was $49.08 up $1.87 from Wednesday's average closing price of $47.21. The median closing price of Thursday's Dow Jones Industrial Average was $40.88 (AXP/JPM) up $2.29 from Wednesday's median closing price of $38.59. The lowest volume was 3M MMM $81.22 +2.99 3.82% 7,018,563 NYSE and the highest volume again was Bank of America BAC $7.25 +0.48 7.09% 338,326,331 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 made $5,594 ($147,236 - $141,642).

MarketWatch Thursday 8/11/11 4:59 pm by Kate Gibson says U.S. stocks soared Thursday, with the Dow Jones Industrial Average closing with a 400-plus point change for a fourth day, a first for the average, continuing Wall Street’s craziest week since 2008 after a drop in first-time jobless claims calmed nerves about the economy. Cisco, which has struggled with negative sentiment, beat expectations, leading to an upswing in shares, Ben Pimentel reports. “In 2008 it felt apocalyptic; this just feels a little tiring,” said Jason Weisberg, a floor trader on the New York Stock Exchange and senior vice president at Seaport Securities. “It’s the new norm,” Alan Valdes, director of floor trade at DME Securities, said of the ongoing volatility. After rising as much as 558.96 points, the Dow Jones Industrial Average ended up 423.37 points to 11,143.31, or 4% higher. The blue-chip index is now off 2.6% for the week, after four days of closing up or down 400 points or more. Cisco Systems Inc. rallied 16% a day after the technology bellwether reported upbeat results. The S&P 500 Index gained 51.88 points, or 4.6%, to 1,172.64, with financials leading the rise, which included all 10 of its industry groups. The Nasdaq Composite Index added 111.63 points, or 4.7%, to 2,492.68. For every stock that fell, a dozen gained on the New York Stock Exchange, where nearly 1.9 billion shares traded. Composite volume neared 7 billion. Gold futures declined the most in seven weeks after CME Group Inc. hiked margins on Comex contracts, with the contract for December delivery shedding $32.80 to finish at $1,751.50 an ounce on the Comex in New York. Crude futures rose $2.83 to $85.72 a barrel. The Labor Department reported applications for jobless benefits declined by 7,000 last week to 395,000 — the lowest number of initial claims since early April. Economists had expected claims to rise. “While the economy may not be getting better, jobless claims indicate that the labor market may not be getting worse,” said Dan Greenhaus, chief global strategist at BTIG LLC. The Dow industrials on Monday tanked 634 points, only to rebound with a 429-point gain Tuesday. On Wednesday, the average fell 519 points in triple-digit moves reminiscent of Wall Street’s behavior during the financial crisis of late 2008. “In 2008, the problem was a massive overhang of poorly understood, faulty mortgage-backed securities created and insured by U.S. financial institutions with virtually no reliable collateral,” noted Peter Morici, a business professor at the University of Maryland. “This time, the principal debtors are sovereigns with the capacity to tax and restructure debt.”

Thursday's Closing Dow Numbers and Friday's News:

AT&T T $28.44 +0.56 2.01% 52,247,600 NYSE: WSJ pB3 "AT&T hires bankers to advise asset sales" by Dana Cimilluca says AT&T has hired BofA Merrill Lynch to line up buyers of customers and wireless spectrum.

Alcoa AA $12.25 +0.65 5.6% 40,055,492 NYSE: No mentions found.

American Express AXP $45.07 +2.27 5.3% 13,277,434 NYSE: No mentions found.

Bank of America BAC $7.25 +0.48 7.09% 338,326,331 NYSE: WSJ pC3 "BofA chief sees top US officials" by Dan Fitzpatrick says embattled BofA CEO Brian Moynihan met privately this week with Treasury Sec'y Tim Geithner and Fed Res gov Dan Tarullo amid the bank's campaign to calm investors about the bank's dramatic share slump. Bank of America and 4 other mortgage servicers including JPMorgan have been in talks with regulators since Mar about the cost of ending the foreclosure controversy.

WSJ pB3 "AT&T hires bankers to advise asset sales" by Dana Cimilluca says AT&T has hired BofA Merrill Lynch to line up buyers of customers and wireless spectrum.

Fin Times p11 "BofA faces obsacles over CCB stake sale" by Henny Sender says Bank of America is facing difficulties in selling down its 10% stake in China Construction Bank due to a deluge of rights issues, share sales and new listings from Chinese banks.

Boeing BA $58.85 +1.44 2.51% 15,408,634 NYSE: WSJ pB4 "US approval expected for new 787, 747-8F jets" by Doug Cameron says Boeing expects US regulators to approve these jets so launch customers can get their first planes in Sept.

AJC pA12 "Boeing unable to keep up with demand for 777" says Boeing booked 19 new orders for its 777.

Caterpillar CAT $87.25 +3.74 4.48% 14,019,372 NYSE: No mentions found.

Chevron CVX $94.07 +3.50 3.86% 30,294,765 NYSE: No mentions found.

Cisco CSCO $15.92 +2.19 15.95% 285,109,710 NASDAQ-GS: No mentions found.

Coke KO $66.47 +2.51 3.92% 18,972,329 NYSE: No mentions found.

Disney DIS $32.12 +0.58 1.84% 36,198,827 NYSE: No mentions found.

DuPont DD $46.96 +2.13 4.75% 14,117,994 NYSE: WSJ pB4 "EPA orders removal of DuPont's Imprelis weed killer" by Drew FitzGerald says the EPA order DuPont to stop selling Imprelis after it killed some trees.

Exxon XOM $69.82 +1.79 2.63% 49,394,210 NYSE: WSJ pC8 "Comparing Apples and Exxns" by Liam Denning says Apple has displaced Exxon Mobil as the world's most valuable firm by market capitalization this week. A decade ago Microsoft was worth more than Exxon and today Microsoft is worth 40% less than Apple.

GE $15.68 +0.59 3.91% 130,314,041 NYSE: No mentions found.

Hewlett-Packard HPQ $31.05 +1.19 3.99% 26,594,030 NYSE: WSJ pB1 "Tablet war is an apple rout" by Ian Sherr says H-P has cut its price on its IPad rival, the TouchPad, by 20% to goose its sales of its answers to Apple's iPad.

Home Depot HD $30.05 +1.54 5.4% 19,953,378 NYSE: No mentions found.

Intel INTC $20.76 +0.83 4.16% 73,540,068 NASDAQ-GS: No mentions found.

IBM $166.73 +4.19 2.58% 8,961,182 NYSE: USA Today p1B "IBZM engineer: PCs to go way of the typewriter" says with the PC about to bde 30 years, it is on the decline due to the cloud.

JPMorgan JPM $36.69 +2.32 6.75% 67,431,689 NYSE: WSJ pC3 "BofA chief sees top US officials" by Dan Fitzpatrick says embattled BofA CEO Brian Moynihan met privately this week with Treasury Sec'y Tim Geithner and Fed Res gov Dan Tarullo amid the bank's campaign to calm investors about the bank's dramatic share slump. Bank of America and 4 other mortgage servicers including JPMorgan have been in talks with regulators since Mar about the cost of ending the foreclosure controversy.

Johnson & Johnson JNJ $63.44 +3.24 5.38% 33,220,523 NYSE: No mentions found.

Kraft KFT $34.1 +1.30 3.96% 22,693,340 NYSE: No mentions found.

McDonald's MCD $86.28 +2.20 2.62% 10,966,469 NYSE: No mentions found.

Merck MRK $31.2 +1.39 4.66% 29,579,769 NYSE: No mentions found.

Microsoft MSFT $25.19 +0.99 4.09% 88,999,504 NASDAQ-GS: WSJ pC8 "Comparing Apples and Exxns" by Liam Denning says Apple has displaced Exxon Mobil as the world's most valuable firm by market capitalization this week. A decade ago Microsoft was worth more than Exxon and today Microsoft is worth 40% less than Apple.

Pfizer PFE $17.81 +0.76 4.46% 82,269,358 NYSE: No mentions found.

Procter & Gamble PG $60.45 +1.94 3.32% 18,452,863 NYSE: No mentions found.

3M MMM $81.22 +2.99 3.82% 7,018,563 NYSE: No mentions found.

Travelers TRV $51.39 +2.35 4.79% 7,880,075 NYSE: No mentions found.

United Technologies UTX $69.74 +2.30 3.41% 8,692,773 NYSE: No mentions found.

Verizon VZ $34.62 +0.96 2.85% 29,051,265 DualListed: USA Today p1B "FBI looks into Verizon sabotage allegations" says there have been 90 sabotage acts since the strike began last weekend.

Walmart WMT $49.73 +1.32 2.73% 21,361,114 NYSE:WSJ pB1 "Walmart again eyes Carrefour's Brazil unit" by Anupreeta Das says Walmart is exploring an acquisition of the Brazilian unit of French retailer Carrefour 2 years after a previous attempt to strike a deal failed.

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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 Lowell McAdam (NY, NY) (Lowell C. McAdam becomes CEO in August)
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 8/2/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $386.5 [5]
2. Procter & Gamble PG 244 [4]
3. Microsoft MSFT 228 [8.5]
4. IBM 214 [1]
5. Chevron CVX 210 [2]
6. GE 183.5 [10.5]
7. WalMart WMT 181.5 [3.5]
8. Johnson & Johnson JNJ 175 [3]
9. AT&T T 174 [6]
10. JPMorgan Chase JPM 159 [4]
11. Coke KO 154 [2.5]
12. Pfizer PFE 145.5 [8]
13. Intel INTC 116 [5.5]
14. Verizon VZ 110.5 [3]
15. Merck MRK 106 [3]
16. Bank of America BAC 97.5 [10]
17. McDonald's MCD 89 [1]
18. Cisco CSCO 85.5 [5.5]
19. United Technologies UTX 72.5 [1]
20. Hewlett-Packard HPQ 72 [2]
21. Disney DIS 71.5 [2]
22. Caterpillar CAT 63.5 [.5]
23. 3M MMM 61 [.5]
24. Kraft KFT 60 [2]
25. American Express AXP 59 [1]
26. Home Depot HD 53 [1.5]
27. Boeing BA 51 [1]
28. DuPont DD 47 [1]
29. Travelers TRV 23 [.5]
30. Alcoa AA 15.5 [1]

Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 8/2/11:

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

AT&T T: 8/1/11 8K re: tendering of all its shares of Telefonos de Mexcio
7/21/11 8K re: 2Q results
6/27/11 8K re: minor amendments to Bylaws
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: 7/28/11 8K re: 5 year revolving crdit agreement with Citibank
7/21/11 10Q for Qtr ended 6/30/11
7/14/11 8K re: 2Q earnings call transcript
7/12/11 8K re: 2Q results
6/2/11 8K re: Regulation FD disclosure re: Internal Relations Presentation of "Nomura Aluminum Seminar"
5/31/11 8K re: redemption of notes due '13
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: 7/20/11 8K re: 2Q results
7/15/11 8K re: delinq. & write-off stats qtr. ended 6/30/11
6/15/11 8K re: U.S. Card Services delinquency & write-off statistics for 3 months ended 5/31/11
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: 7/19/11 8K re: 2Q results
7/6/11 8KA re: settlement of Countrywide mortgage claims
6/29 8K re: election of Bruce R. Thompson as CFO
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.

Boeing BA: 7/27/11 10Q for Qtr ended 6/30/11
7/27/11 8K re: 2Q results
6/14/11 8K re: resignation of John E. Bryson from Baord of Directors to be Pres. Obama's US Sec'y of Commerce & amendment of By-Laws to decrease number of directors from 12 to 11
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 Shareholders
3/18/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/2/11 in Chicago

Caterpiller CAT: 7/22/11 8K re: 3 mos. dealer stats
7/22/11 8K re: 2Q results ended 6/30/11
7/12/11 8K re: segment operating results 3/31/11
7/8/11 8K re: closing of Bucyrus acquisition
6/20/11 8K re: 3 months dealer statistics ended 5/31/11
6/9/11 8K re: voting results of 6/8 Annual Stockholders Meeting
6/8/11 two 8Ks re: press release and declaration of 0.46 cents per share dividend payable 8/20 for record holders on 7/20
5/26/11 8K re: underwriting agreement re: floating rate senior notes due '12 through '17
5/26/11 Porxy Material re Letter to institutional stockholders re: voting recommendations at upcoming annual meeting of stockholders
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.

Chevron CVX: 7/29/11 8K re: 2Q results
7/11/11 8K re: 2Q interim update
6/1/11 8K re: results of votes at 5/25 Annual Stockholder Meeting
5/31/11 8K re: receipt of imminent danger order under Fed. Mine Safety Act re: Kemmerer Mine, Lincoln, WY and the vacating of the order on 5/26
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 7/18/11 8K re: cutting of 6,500 jobs
6/22/11 8K re: executives' pre-arranged stock trading plans
5/25/11 10Q re: Qtr ended 4/30/11
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 8/1/11 10Q 2 results ended 7/1/11
7/19/11 8K re: 2Q results
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

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: 7/28/11 8K re: 2Q results
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

ExxonMobil XOM: 7/28/11 8K re: 2Q results
5/31/11 8K re: results of voting of 5/25 Annual Shareholders Meeting
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: 7/29/11 10Q 2Q results ended 6/30/11
7/29/11 13F-HR Inst't'l holdings
7/22/11 8K re: 2Q results
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: 7/22/11 8KA re: frequency of advisory votes on exec comp.
7/21/11 8K re: plan to repurchase $10 bil of its shares
6/16/11 8K re: election of Ann Livermore to Board of Directors, her resignation as Exec. VP & amendment to By-Laws to increase number of directors from 13 to 14
6/8/11 10Q re: Quarter ended 4/30/11
6/1/11 8K re: underwriting agreement re: Floating Rate Global Notes due '14 through '21
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: 6/7/11 8K re: amending by-laws re voting by consent for shareholders
6/8/11 10Q re: Quarter ended 4/30/11
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

Intel INTC: 7/27/11 8K re: election of Andy D. Bryant to Board of Dirs.
7/21 & 7/20/11 8Ks re: 3Q results ended 7/2/11
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: 7/26/11 10Q & 7/19/11 & 7/18/11 8Ks re: results for quarter ended 6/30/11
7/21/11 8K re: underwriting agreement re: issuance of $2 bil of debt
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: 7/27/11 & 7/21/11 8Ks re: legal opinions re: debt issues
7/14/11 8K re: investor presentation re: 2Q results
7/14/11 8K re: 2Q results
6/29/11 8K re: closing of $2.5 bil issue of 3.15% Notes due 2016
6/21/11 8K re: closing of $400 mil flotating rate senior med-term notes dues '14
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

Johnson & Johnson JNJ : 7/19/11 8K re: selling of Ortho Dermatologics Div.
7/19/11 8K re: 2Q results 7/3/11
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: 7/14/11 8K re: change of exec vp.
7/1/11 8K re: departure of CFO timothy R. McLevish (change to termination agreement)
5/31/11 8K re: results of 5/24 Annual Shareholder Meeting
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: 7/26/11 8K re: amendment to Bylaws
7/22/11 8K re: 2Q results ended 6/30/11
7/1/11 Prospectus re: issuance of 3,430,000 shares of commons stock in Direct Stock Purchase Plan
6/10/11 8K re: press release re: global sales rising 3.1% in May
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: Investor 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: 7/29/11 8K re: 2Q results
5/27/11 8K re: Voting results of 5/24 Annual Meeting of Shareholders
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: 7/28/11 10K year ended 6/20/11
7/21/11 8K re: 4Q & year end results
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:8/2/11 8K re: 2Q results
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: 7/12/11 8K re: quarterly dividend of 0.525 cents payable 8/15 to recorder holders on 7/22
7/1/11 Prelim Proxy re: Annual Shareholder Meeting 10/11/11 in Cincinnati
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

3M MMM: 7/26/11 8K re: 2Q results
5/26/11 8K re: restatement of Form 10K re: produ8ct moves between busienss segments
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 Proxy 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

Travelers TRV: 7/21/11 & 7/21/11 8K re: Qtr. ended 6/30/11
6/10/11 8K re: fin'l info re: annual investor conference
6/1/11 re: Voting results of 5/26 annual shareholders meeting
4/21/11 10Q & 8K for quarter ended 3/31/11
4/12/11 annual report to shareholders
4/12/11 2 proxy filings re: annual meeting of shareholders on 5/26/11 at Hartford, CT

United Technologies UTX: 7/25/11 10Q & 7/2011 8K re quarter ended 6/30/11
6/9/11 8K/A re: amendment of 4/13 8K re: frequency of intent to take shareholder advisory votes
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: 7/28/11 10Q & 7/25/11 8K re: quarter ended 6/30/11
7/22/11 8K re: replacement of Ivan Seidenberg as CEO with Lowell C. McAdam effective 8/1/11
6/24/11 8K re: Guarantee of debentures of 10 domestic telephone subsidiaries
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: 6/9/11 8K re: voting results of 6/3 annual shareholders meeting
6/3/11 10Q re: quarter ended 4/30/11
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 of 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