12/12/11 Mon. am Procter & G's Sale of Pringles Hits New Snag

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Post No. 1,366 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 December 1, 2011.

A read of the print editions of Monday's Barron's and Investors' Business Daily, 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 Friday's stock prices and related data.

Dow Jones Industrial AverageThe Dow Jones Industrial Average closed Friday at 12,184.26 up 186.56 or 1.55% from Thursday's close of 11,997.7. For the week the Dow is up 164.84 points or 1.37% from last Friday's close of 12,019.42. For the year the Dow is up 5.24%. Of the 30 Dow components 29 gained and declined. The biggest gainer dollar-wise and percentage-wise was Caterpillar CAT $96.12 +3.20 3.44% 6,622,384 NYSE. The only and biggest decliner dollar-wise and percentage-wise was DuPont DD $45.14 -1.38 2.97% 20,879,171 NYSE.

Investor's Business Daily pA1 "Stocks climb sharply but volume declines" by Paul Whitfield says stocks posted big gains Fri, but slow trade suggested institutional investors were absent. Friday's action was up in lower volume. The current outlook is the market is in a correction.

As of the open of the market Monday, the current divisor for the Dow Jones Industrial Average found at page C4 of Monday's Wall St. Journal is 0.132129493. Monday's trailing P/E ratio is 13.18 down from Friday's trailing P/E ratio of 12.98 (year ago it was 14.55); Monday's P/E estimate is 12.33 down from Friday's P/E estimate of 12.35 (year ago it was 13.33), and Monday's dividend yield is 2.59 down from Friday's dividend yield of 2.59 (last year it was 2.52). 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 1,609.89 up 24.65 from Thursday's closing numerator of 1,585.24. 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 $53.66 up 0.82 from Thursday's average closing price of $52.84. The median closing price of Friday's Dow Jones Industrial Average was $42.69 (DD/HD) down $0.53 from Thursday's median closing price of $43.22. The lowest volume was United Technologies UTX $76.31 +1.94 2.61% 3,927,791 NYSE and the highest volume again was Bank of America BAC $5.745 +0.155 2.77% 273,426,074 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 $2,465 ($160,989 - $158,524).

MarketWatch Friday 12/9/11 4:10 pm by Kate Gibson says US stocks climbed on Friday, with the three benchmark indexes up for the week, as European leaders agreed to closer fiscal ties and U.S. consumer confidence hit a six-month high. “It’s an important step towards being able to right their fiscal house, and for the euro to remain the single currency,” Mark Luschini, chief investment strategist at Janney Montgomery Scott, said of the accord reached at the European Union summit. “But it doesn’t cure the immediate issue of low or in some countries negative growth,” he added of the euro region. Readying for a second consecutive week of gains, the Dow Jones Industrial Average rose 193.56 points, or 1.6%, to 12,191.26, with Bank of America Corp. BAC +0.35% and J.P. Morgan Chase & Co. JPM +2.98% pacing the gains that extended to all but one of its 30 components. DuPont Co. DD +0.09% dropped 3% after the chemical maker and Dow component lowered its outlook for the current fiscal year. The S&P 500 Index SPX +1.69% added 21.83 points, or 1.8%, to 1,256.18 with financial companies pacing the gains among its 10 major industry groups. The Nasdaq Composite COMP +1.94% advanced 53.01 points, or 2%, to 2,649.39. For every stock falling nearly six gained on the New York Stock Exchange, where 541 million shares traded as of 3:30 p.m. Eastern. Equities and U.S. Treasury yields gained after 26 European nations said they’ll think about linking their economies more closely. And the 17 nations that use the euro said they would sign an accord that would give a central authority better oversight of their budgets. Nine other European Union countries agreed to consider signing the treaty, while Britain said it would not, as it does not want to be subjected to the proposed financial rules. “Europe is inching closer to what it will eventually have to do. It shows a determination that when push comes to shove, they will take whatever actions are necessary to calm the markets, but I’m not very impressed,” said David Kelly, chief market strategist at J.P. Morgan Funds. “There was a lot of bad news already priced into the market,” Kelly added of Wall Street’s rise in the wake of an agreements he and others found lacking in specifics. The costs of borrowing for European governments edged lower, with Italy’s 10-year yield lately at a still-dangerously high 6.3%, with a yield of 7% or above viewed as the tipping point, which if it were to remain for an extended period would push the nation into default. “This will only be probably solved when investors are able to buy Italian bonds at reasonable interest rates,” said Kelly. “It’s not the big bazooka that the market wanted but it was good enough to take it off the front burner and run over lots of shorts. With bond auctions in Spain and Italy in the next two weeks, our market will have to pay attention,” emailed Elliot Spar, market strategist at Stifel Nicolaus, in afternoon commentary. The major indexes also drew a lift after the University of Michigan/Thomson Reuters index of consumer sentiment reached 67.7 in the initial reading for December, its highest level since June. “At the moment I would give the majority of the market’s movement on any given day to Europe. But, the stronger our domestic picture looks the more enthused market participants can be about U.S. equities,” said Luschini at Janney Montgomery Scott. Another report Friday had the Commerce Department releasing figures that showed purchases from overseas declined to the lowest level since April, as demand for petroleum dropped sharply.

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

Symbol Last Sale Change % Change Share Volume Market
AT&T T$29.05 +0.19 0.66% 21,081,687 NYSE: No mentions found.

Alcoa AA $9.64 +0.17 1.8% 21,107,093 NYSE: No mentions found.

American Express AXP $48.9 +1.09 2.28% 5,777,988 NYSE: No mentions found.

Bank of America BAC $5.745 +0.155 2.77% 273,426,074 NYSE: WSJ pC8 "Insurance cost tells a tale about banks" by David Reilly says the price of insuring Bank of America's debt is higher now than in '09.

Boeing BA $71.95 +1.78 2.54% 4,945,034 NYSE: Investor's Business Daily pA2 "NLrB drops Boeing complaint" says the NLRB dropped its retaliation claim against Boeing since it settled with its machinists union.

Caterpillar CAT $96.12 +3.20 3.44% 6,622,384 NYSE: No mentions found.

Chevron CVX $104.32 +2.07 2.02% 5,768,112 NYSE: WSJ pC8 "Surveying the unsteady state of global oil" by Laim Denning says in '70 Western Oil firms had access t 85% of the world's oil reserves and by '10 this figure was down to 7%. But dictators will still need big oil firms to develop their reserves but will be tougher on big oil firms and Brazil's treatment of Chevron lately is an example.

CSCO $18.88 +0.31 1.67% 43,649,444 NASDAQ-GS: Barron's p27 "Our 10 favorite stocks for 201" by Andrew Bary says the Dow is up 5% in '11 largely reflecting the strength fo a single stock, IBM, which has risen 32% to 194 and dominates the price weighted index owing to its high share price. The only Dow stock in the top ten list is Procter & Gamble which yields over 3% and another dividend hike is likely in '12. Its lists for 2011 had five Dow stocks on it, Exxon up 8.9% for the year, JPMorgan down 23.7%, Walmart up 7.2%, Cisco down 8.2% and Pfizer up 15.4%.

Coke KO $67.62 +0.89 1.33% 7,370,683 NYSE: No mentions found.

Disney DIS $36.59 +0.67 1.87% 6,356,000 NYSE: WSJ pB9 "Box Office figures" says Disney's The Muppets was in 4th place with $7.1 mil in sales over the weekend and cumulative of $65.8. #1 was new Year's Eve from Warner Bros.

NYT pB9 "For Disney a younger princess" by Brooks Barnes says Disney will announce a child princess instead of an adult princess in a new tv movies and series called "Sofia the First."

DuPont DD $45.14 -1.38 2.97% 20,879,171 NYSE: Barron's p17 "Week preview" says on Mon DuPont officials, after lowering 4Q earnings last week, could be on the hot seat the its investor meeting in Wilmington, Del.

Barron's pM2 charts DuPont, Inv. Bus. Daily pA1 "DuPont warns on 2011 profit" say DuPont saying DuPont cut '11 earnings guidance by 10 cents citing weakness in consumer electronics, housing & construction.

Exxon XOM $81.49 +1.62 2.03% 19,644,013 NYSE: WSJ pC8 "Surveying the unsteady state of global oil" by Laim Denning says in '70 Western Oil firms had access t 85% of the world's oil reserves and by '10 this figure was down to 7%. But dictators will still need big oil firms to develop their reserves but will be tougher on big oil firms and Brazil's treatment of Chevron lately is an example.

Barron's p27 "Our 10 favorite stocks for 201" by Andrew Bary says the Dow is up 5% in '11 largely reflecting the strength fo a single stock, IBM, which has risen 32% to 194 and dominates the price weighted index owing to its high share price. The only Dow stock in the top ten list is Procter & Gamble which yields over 3% and another dividend hike is likely in '12. Its lists for 2011 had five Dow stocks on it, Exxon up 8.9% for the year, JPMorgan down 23.7%, Walmart up 7.2%, Cisco down 8.2% and Pfizer up 15.4%.

GE $16.87 +0.56 3.43% 65,028,610 NYSE: WSJ pB2 "Happening this week" says on Tues GE holds annual investor meeting hosted by CEO Jeff Immelt.

Barron's p33 "Speaking of dividends" by Shirley A. Lazo says on Fri GE sweetened its quarterly common dividend for the 4th time since July '10 to 17 cents a share from 15 cents. Added payout value is $211 mil quarterly and yield is 4%.

Hewlett-Packard HPQ $27.97 +0.31 1.12% 16,820,735 NYSE: Barron's p34 "Inte'ls winning strategy: just say not to tablets" by Tiernan Ray says Intel hit a 52 week high last week. 3 different tablet computers, Motoroa Mobility Xoom, Research in Motion Playbook and the Hewlett-Packard TouchPad have fallen far short of initial expectations. Intel doesn't sell tablet, Intel sells microprocessors that allow their customers to build their own servers.

Home Depot HD $40.235 +0.325 0.81% 9,501,565 NYSE: No mentions found.

Intel INTC $25.01 +0.30 1.21% 43,565,976 NASDAQ-GS: Barron's p34 "Inte'ls winning strategy: just say not to tablets" by Tiernan Ray says Intel hit a 52 week high last week. 3 different tablet computers, Motoroa Mobility Xoom, Research in Motion Playbook and the Hewlett-Packard TouchPad have fallen far short of initial expectations. Intel doesn't sell tablet, Intel sells microprocessors that allow their customers to build their own servers.

IBM $194.54 +2.96 1.55% 4,160,034 NYSE: NYT pB1 "A leader in the cloud gains rivals" by Quentin Hardy says Salesforce is being challenged by firms like IBM which last week said it would buy DemandTec, a cloud based vendor of data analysis software for retailers for $440 mil.

Barron p20 "SuccessFactors defeis doubters, lures S&P" by Chris Williams, Barron's pM2 charts DemeandTec, Investors' Business Daily pA7 "Cloud computing acquires clout" by Pete Barlas say say IBM agreed to acquire DemandTec, the Web-based retail software firm for $440 mil or $13.20 a share, a 57% premium to its Wed closing price.

Barron's p27 "Our 10 favorite stocks for 201" by Andrew Bary says the Dow is up 5% in '11 largely reflecting the strength fo a single stock, IBM, which has risen 32% to 194 and dominates the price weighted index owing to its high share price. The only Dow stock in the top ten list is Procter & Gamble which yields over 3% and another dividend hike is likely in '12. Its lists for 2011 had five Dow stocks on it, Exxon up 8.9% for the year, JPMorgan down 23.7%, Walmart up 7.2%, Cisco down 8.2% and Pfizer up 15.4%.

JPM $33.25 +1.03 3.2% 33,976,892 NYSE: Barron's p27 "Our 10 favorite stocks for 201" by Andrew Bary says the Dow is up 5% in '11 largely reflecting the strength fo a single stock, IBM, which has risen 32% to 194 and dominates the price weighted index owing to its high share price. The only Dow stock in the top ten list is Procter & Gamble which yields over 3% and another dividend hike is likely in '12. Its lists for 2011 had five Dow stocks on it, Exxon up 8.9% for the year, JPMorgan down 23.7%, Walmart up 7.2%, Cisco down 8.2% and Pfizer up 15.4%.

Johnson & Johnson JNJ $64.6 +0.82 1.29% 7,787,471 NYSE: No mentions found.

Kraft KFT $36.75 +0.60 1.66% 5,913,905 NYSE: WSJ pB3 "Dr Pepper's charges could ding earnings" by Pul Ziobro says Dr Pepper Snapple Group has to pay $18.3 mil in damages for an age discrim case from when it was part of Cadbury which is now owned by Kraft Foods.

McDonald's MCD $98.02 +1.10 1.13% 4,871,422 NYSE: Barron's pM3 "The trader" by Vito Racanelli says in the first 9 months of '11, McDonald's has gone from strength to strength, while Wendy's the No. 3 chain, has posted flat sales. McDonald's for many years has been using part of its cash flow to upgrade its restaurants.

Merck MRK $35.72 +0.53 1.51% 11,517,779 NYSE: No mentions found.

Microsoft MSFT $25.7 +0.30 1.18% 53,256,251 NASDAQ-GS: WSJ pB2 "Judgment day looms for Apple, HTC" by Ian Sherr says Microsoft is suing Motorola Mobility for patent violations involving Android.

Pfizer PFE $20.6 +0.41 2.03% 39,974,236 NYSE: WSJ pB2 "Abbott Labs licenses molecules from Reata" by Jon Rockoff says Abbott's top seller Humira for arthritis will sell $8 bil worth this year but will son face competition from a Pfizer pill under development.

Barron's p27 "Our 10 favorite stocks for 201" by Andrew Bary says the Dow is up 5% in '11 largely reflecting the strength fo a single stock, IBM, which has risen 32% to 194 and dominates the price weighted index owing to its high share price. The only Dow stock in the top ten list is Procter & Gamble which yields over 3% and another dividend hike is likely in '12. Its lists for 2011 had five Dow stocks on it, Exxon up 8.9% for the year, JPMorgan down 23.7%, Walmart up 7.2%, Cisco down 8.2% and Pfizer up 15.4%.

Procter & Gamble PG $64.97 +0.50 0.78% 7,558,005 NYSE: WSJ pB1 "Diamond payments questioned by growers" by Hannah Karp says Diamond Food's acquisitions for $2.5 bil of Pringles from Procter & Gambles hit another snag as some walnut growers have challenged Diamond's explanation of mysterious payments to them.

Barron's p27 "Our 10 favorite stocks for 201" by Andrew Bary says the Dow is up 5% in '11 largely reflecting the strength fo a single stock, IBM, which has risen 32% to 194 and dominates the price weighted index owing to its high share price. The only Dow stock in the top ten list is Procter & Gamble which yields over 3% and another dividend hike is likely in '12. Its lists for 2011 had five Dow stocks on it, Exxon up 8.9% for the year, JPMorgan down 23.7%, Walmart up 7.2%, Cisco down 8.2% and Pfizer up 15.4%.

3M MMM $82.2 +1.74 2.16% 4,058,078 NYSE: No mentions found.

Travelers TRV $56.01 +0.48 0.86% 5,109,439 NYSE: No mentions found.

United Technologies UTX $76.31 +1.94 2.61% 3,927,791 NYSE: No mentions found.

Verizon VZ $38.41 +0.60 1.59% 11,567,670 DualListed: No mentions found.

Walmart WMT $58.32 +0.34 0.59% 9,958,388 NYSE: Barron's p27 "Our 10 favorite stocks for 201" by Andrew Bary says the Dow is up 5% in '11 largely reflecting the strength fo a single stock, IBM, which has risen 32% to 194 and dominates the price weighted index owing to its high share price. The only Dow stock in the top ten list is Procter & Gamble which yields over 3% and another dividend hike is likely in '12. Its lists for 2011 had five Dow stocks on it, Exxon up 8.9% for the year, JPMorgan down 23.7%, Walmart up 7.2%, Cisco down 8.2% and Pfizer up 15.4%.

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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 Meg Whitman (Palo, Alto, CA)
Home Depot HD Frank Blake (Atlanta, GA)
Intel INTC Paul S. Otellini (Santa Clara, CA)
IBM Virginia M. Rometty (replaces Samuel J. Palmisano 1/1/12) (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
Wal-Mart WMT Mike Duke (Bentonville, ARK)

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Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest 1/2 billion as of 12/1/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $302.5 [5]
2. IBM 223 [1]
3. Microsoft MSFT 212 [8.5]
4. Chevron CVX 203 [2]
5. WalMart WMT 202 [3.5]
6. Procter & Gamble PG 176.5 [3]
7. Johnson & Johnson JNJ 176 [3]
8. AT&T T 171 [6]
9. GE 168 [10.5]
10. Pfizer PFE 154 [7.5]
11. Coke KO 152 [2.5]
12. Intel INTC 131 [5]
13. JPMorgan Chase JPM 116 [4]
14. Merck MRK 109 [3]
15. Verizon VZ 107 [3]
16. Cisco CSCO 102 [5.5]
17. McDonald's MCD 98 [1]
18. United Technologies UTX 69.5 [1]
19. Disney DIS 64.5 [2]
20. Kraft KFT 64.5 [2]
21. Caterpillar CAT 62.5 [.5]
22. Home Depot HD 60.5 [1.5]
23. Bank of America BAC 56 [10]
24. 3M MMM 56 [.5]
25. Hewlett-Packard HPQ 56 [2]
26. American Express AXP 55.5 [1]
27. Boeing BA 53 [1]
28. DuPont DD 43.5 [1]
29. Travelers TRV 23 [.5]
30. Alcoa AA 10.5 [1]

Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 12/1/11:

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

AT&T T: 11/28 8K re: redemption of subsidiary Cingular Wirelss' $2.97 bil debt
11/25/11 8K re: withdrawal from FCC of application to buy T-Mobile
11/7/11 10Q for qtr ended 9/30/11
10/27/11 8K re: redemption of 5.87% Notes due 2/1/12
10/20/11 2 8Ks re: 3Qtr results
9/8/11 8K re: redemption of certain notes
9/1/11 8K re: Dept. of Justice lawsuit to block AT&T acquisition of T-Mobile saying it will lessen competition & raise prices

Alcoa AA: 11/16/11 8K re: exec changes
10/20/11 10Q for Qtr ended 9/30/11
10/14/11 8K re: transcript of 3Qtr earnings call
10/12/11 8K re: 3Qtr results

American Express AXP: 11/15/11 8K re: delinq. & write-off stats for Aug, Sept & Oct
11/4/11 8K re: exec changes
11/2/11 10Q for Qtr ended 9/30/11
10/19/11 8K re: 3Qtr results
10/17/11 8K re: delinq & write-f stats for 3 months eded 9/30/11
9/15/11 & 9/14/11 8Ks re: delinquency & write-off stats for 3 months ended 8

Bank of Am BAC: 12/1/11 Proxy re: amendment of Dec. of Trust for Preferred HITs
11/17/11 8K re: exchange of preferred shares
11/2/11 10Q for Qtr ended 9/30/11
10/18/11 8K re: 3Qtr results
10/7/11 8K re: separation contracts with Sallie L. Krawcheck & Joe L. Price
9/7/11 8K re: exec changes including departure of Sallie Krawcheck
9/1/11 8K re: Amend Cert of Inc to designate Pref. Shares sold to Berkshire Hathaway for $5 bil

Boeing BA: 11/14/11 8K re: $2.3 bil revolving credit agrmt.
11/1/11 8K re: exec changes
10/26/11 10Q for Qtr ended 9/30/11
10/26/11 8K re: 3Qtr results
10/4/11 8K re: election of ex-Contintel CEO Larry Kellner as Director
9/30/11 8K & 8KA re: frequency of shareholder advisory votes

Caterpiller CAT: 11/18/11 8K re: past 3 monts dealer stats
11/4/11 10Q for Qtr ended 9/30
10/24/11 8K re: 3 month dealer stats
10/24/11 8K re: results for quarter ended 9/30/11
9/30/11 8K re: price increases
9/29/11 8K re: 3 month dealer stats
9/20/11 8KA 3 Mos dealer stats thru Aug
9/16/11 re: credit agreement

Chevron CVX: 11/3/11 10Q for Qtr ended 9/30/11
10/28/11 8K re: 3Qtr results
10/11 8K re: 3Qtr results
9/7/11 8K/A re: frequency of shareholder advisory votes

Cisco CSCO 11/22/11 10Q & 8K for Qtr ended 10/29
10/18/11 14A proxy (two) re: Annual Shareholder Meeting to be held 12/7/11 at Santa Clara, CA
9/20/11 8K re: contract with Exec VP Wim Elfrink
9/14/11 10K for year ended 7/30/11

Coke KO 11/10/11 Prospectus re: exchange of $1.6 bil of 2016 Notes
10/28/11 S-4 re: exchange of 3.3% Notes due '21 for 1.8% Notes due '16
10/27/11 10Q for Qtr ended 9/30/11
10/18/11 8K re: 3Qtr results
9/1/11 8K re: issuance of senior notes

Disney DIS 11/23/11 10K & 11/10/11 8K re: results for fiscal year ened 10/1/11
10/25/11 8K re: resignation of Director John E. Bryson to become U.S. Secretary of Commerce
10/7/11 8K re: extension of CEO Robert A. Iger's employment contract

DuPont DD: 11/22/11 8K : re: election of Lee M. Thomas as Director
10/25/11 10Q & 8K re: results for 3Qtr ended 9/30/11

ExxonMobil XOM: 11/29/11 8K re: exec changes
11/3/11 10Q for Qtr ended 9/30/11
10/27/11 8K re: 3Qtr results

GE: 11/8/11 10Q for Qtr ended 9/30/11
10/21/11 8K re: 3Qtr results
9/13/11 8K re: redemption of shares held by Berkshire Hathaway for $3.3 bil

Hewlett-Packard HPQ: 11/8/11 10Q & 11/21/11 8K re: results of year and Qtr ended 10/31/11
11/17/11 8K re: election of Ralph V. Whitworth to Board of Dirs
10/27/11 8K re: decision to keep PC unit
10/3/11 8K re: acceptance of offers to acquire Autonomy
9/29/11 8K re: separation contract with ex-CEO Leo Apotheker
9/28/11 8K re foreign antitrust approval of acquisition of Autonomy
9/22/11 8K re: replacement of CEO Leo Apotheker with Meg Whitman effective immediately
9/19/11 8KA & 8K re: issuance of flotaing global notes
9/13/11 8K re: purchase of Autonomy Corp.
9/9/11 10Q for quarter ended 7/31/11

Home Depot HD: 11/29/11 10Q & 11/15/11 8K re: results of Qtr ended 10/31/11
9/1/11 10Q for quarter ended 7/31/11

Intel INTC: 11/4/11 10Q for Qtr ended 10/1/11
10/19/11 & 10/18/11 8Ks re: Results for Qtr ended 10/1/11
9/19/11 & 9/14/11 8Ks re; offering of $5 bil of notes

IBM: 11/14/11 8K re: $10 bil Credit Agrmt
10/31/11 8K re: offering of $1.85 bil of debt
10/26/11 8K re: election of Virginia M. Rometty as CEO
10/25/11 8K re: election of David Farr, CEO of Emerson, to Bd.
10/25/11 10Q & 10/18/11 8K & 10/17/11 8K re: results for Qtr ended 9/30/11

JPMorganChase JPM: 11/8/11 8K re: election of James A. Bell as Dir.
11/4 28ks & 10Q re: Qtr ended 9/30/11
10/26/11 8K re: offering of $1.75 mil of 4.35% Notes due '21
10/13/11 8K re: 3Qtr results
9/30/11 8K re: reorganiz. of Retail Fin'l Services & Card Business segments
9/13/11 8K re: FD Disclosure re: guidance given at investor conference

Johnson & Johnson JNJ : 11/30/11 8K re: purchase of synthes & offer to hire its CEO
11/22/11 8K re: exec changes
11/8/11 10Q for Qtr ended 10/2
10/27/11 S-4 re: acquisition of Synthes
10/18/11 8K re: results for Qtr ended 10/2/11

Kraft KFT: 11/4/11 10Q & 11/2/11 8K re: Qtr ended 9/30/11
9/7/11 8K re: FD Disclosure re: presentation at investor conference

McDonald's MCD: 11/14/11 8K re: Investor Release re: Growth Plans
11/8/11 8K re: Oct sales
11/4/11 10Q for Qtr ended 9/30/11
10/21/11 8K re: results for 3Qtr ended 9/30/11
9/30/11 8K re: issuance of $500 mil med-term notes
9/26/11 8K re; declaration of quarterly cash dividend
9/12/11 8K re: August sales

Merck MRK: 12/1/11 8K re: election of CEO Ken Frazier to Bd & retirement of former CEO Richard Clark from Board
11/10/11 8K & 11/8/11 10Q re Investor Presentation re results for Qtr ended 9/30/11
10/28/11 8K re: results for 3Qtr
10/12/11 8K/A re: frequency of shareholder advisory votes on exec comp

Microsoft MSFT: 11/17/11 8K re: votings results from Annual Shareholder Meeting
10/20/11 10Q & 8K re: results for Qtr ended 9/30/11
10/18/11 & 10/4/11 & 10/3/11 14A Proxies re: Annual Meeting of Shareholders to be held 11/15/11 at Bellevue, Wash.

Pfizer PFE: 11/10/11 10Q & 11/1/11 8K for Qtr ended 10/2/11

Procter & Gamble PG: 11/3/11 8K re: Guidance
11/1/11 8K re: delay of sale of Pringles to Diamond Food
10/27/11 10Q & 8Ks (two) re: results of 3 Qtr ended 9/30/11
10/14/11 8K re: voting results of annual meeting of shareholders
10/11/11 *K re: quarterly dividend of 52.5 cents
10/11/11 CEO's Bob McDonald speech at annual shareholders meeting
10/6/11 8K re: political contribution policy
9/7/11 Def. 14A Proxy Material re: voting recommendations for directors

3M MMM: 11/3/11 10Q re Qtr ended 9/30/11
11/3/11 8K re: pre-arranged stock trading plan for an exec
10/25/11 8K re: results of 3Qtr
9/29/11 8K re: offer of $4 bil of notes
9/8/11 8K re: Distribution Agrmt with Goldman Sachs re: $3 bil of notes

Travelers TRV: 10/19/11 10Q & 8K re: results for Qtr ended 9/30/11
9/20/11 8K/A re: frequency of non-binding advisory shareholder votes

United Technologies UTX: 11/16/11 8K re: edemption of $500 mil of 6/1% Notes due 5/15/12
11/15/11 8K re: $15 bil Credit Agrmt
10/24/11 10Q & 10/19/11 8K re: results for Qtr ended 9/30/11
10/18/11 8K re: Pratt & Whitney & Rolls Royce partnership to develop next generation engines for mid-size aircraft
9/29/11 8K re: exec personnel changes
9/23/11 8K & Def. 14A Proxy Material re: acquisition of Goodrich

Verizon Communications Inc. VZ: 10/25/11 10Q & 10/21/11 8K re: results for Qtr ended 9/30/11
9/14/11 8K re: presentation to Merrill Lynch Media, Communication & Entertainment Conf.

WalMart WMT: 11/15/11 8K re: results for 3 & 9 months ended 10/31/11
9/29/11 8K re: adoption of Deferred Com Plan
9/27/11 8K re: retirement of Vice-Chair Eduardo Castro-Wright
9/1/11 10Q for quarter ended 7/31/11