12/28/11 Wed pm Dow Closes at 12,151.41 down 139.94 or 1.14%

www.DowJonesMonitor.com

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

Post No. 1,394 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.

The Dow Jones Industrial Average closed Wednesday at 12,151.41 down 139.94 or 1.14% from Tuesday's close of 12,291.35. Of the 30 Dow components all 30 declined. The biggest decliner dollar-wise was Caterpillar CAT $89.37 -2.18 2.38% 5,238,521 NYSE and percentage-wise was Bank of America BAC $5.285 -0.195 3.56% 145,680,615 NYSE.

As of the open of the market Wednesday, the current divisor for the Dow Jones Industrial Average found at page C4 of Wednesday's Wall St. Journal is 0.132129493. Wednesday's trailing P/E ratio is 13.29 down from Tuesday's trailing P/E ratio of 13.30 (year ago it was 14.76); Wednesday's P/E estimate is 12.37 unchanged from Tuesday's P/E estimate of 12.37 (year ago it was 13.54), and Wednesday's dividend yield is 2.59 unchanged from Tuesday's dividend yield of 2.59 (last year it was 2.48). 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.

Wednesday's Dow Jones Industrial Average closing numerator was 1,605.56 down 18.61 from Tuesday's closing numerator of 1,624.05. 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 $53.52 down $0.61 from Tuesday's average closing price of $54.13. The median closing price of Wednesday's Dow Jones Industrial Average was $43.50 (DD/HD) down $0.73 from Tuesday's median closing price of $44.23. The lowest volume was Travelers TRV $58.86 -0.67 1.13% 1,719,645 NYSE and the highest volume again was Bank of America BAC $5.285 -0.195 3.56% 145,680,615 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 $1,861 $lost ($162,417 - $160,556).

MarketWatch Wednesday 12/28/11 4:33 pm by Kate Gibson says U.S. stocks suffered significant losses Wednesday, with the S&P 500 retreating to the loss column for 2011, on concern about Italy’s next auction of government debt. “Italy did have a decent short-term auction today, and markets responded neutrally to reasonably well to that, but what is causing market participants greater concern is the longer-term sale tomorrow,” said Mike McGervey, president of McGervey Wealth Management in North Canton, Ohio. “It doesn’t take a whole lot to push prices around when we see volume this light, whether stocks or currencies,” McGervey added of the thin volumes in the holiday-shortened trading week. The Dow Jones Industrial Average DJIA -1.14% fell 139.94 points, or 1.1%, to 12,151.41 with all of its 30 components ending in the red. The Dow held a 5% gain for the year, with two sessions remaining. “It has to do with the more defensive nature of some of the Dow stocks,” said McGervey. “Some of the industrials have benefited from modest signs of growth, and a lot of people look at those giants as larger dividend paying stocks.” Back in negative terrain for 2011, the S&P 500 Index SPX -1.25% shed 15.79 points, or 1.3%, to 1,249.64, with natural-resource and energy shares hardest hit among its 10 major industry groups. The Nasdaq Composite COMP -1.34% declined 35.22 points, or 1.3%, to 2,589.98, leaving the index in the red by 2.4% for the year. “Volume is pretty light, or virtually nonexistent, so it doesn’t take much,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott in San Francisco. For every stock rising four fell on the New York Stock Exchange, where volume came to a tepid 542 million. Composite volume topped 2.3 billion. Crude futures fell $1.98 to $99.36 a barrel on the New York Mercantile Exchange, with Saudi Arabia saying it would counter any drop in oil supplies should Iran follow through on its threat to block a key tanker route in the Middle East. Gold prices also fell, with the futures contract for February delivery down $31.40 to end at $1,564.10 an ounce. Retail sales are among the factors supportive of a “modest economic growth story” in the United States,” said McGervey of the International Council of Shopping Centers and Goldman Sachs report that sales at U.S. retailers climbed 4.5% last week from a year ago. Moreover, he noted, “corporate profits have certainly done their fair share of keeping things together, any sign of top-line growth is going to push corporations very solidly into the black, and hopefully that will be the tailwind of the next move in prices, but the headwind is the whole European story, and it’s a strong headwind.” The ECB said that its lending to euro-area banks leapt last week as the Frankfurt-based ECB strived to keep credit moving amidst the region’s debt crisis. Read more on the session for Italian stocks and investors’ reactions to Italian debt auction. Italy’s 10-year note yield rose, lately at 6.973%. Most analysts regard the 7% level as unsustainable for the euro-area’s third largest economy. The euro EURUSD -.00% fell to 1.2937 against the U.S. dollar. Italy’s short-term debt costs fell at auction, boosted by the government’s recent austerity plan and inexpensive liquidity from the European Central Bank. But Wednesday sale by Italy of 9 billion euros, or $11.8 billion, of six-month bills was viewed as less of a hurdle than Thursday’s planned sale of as much as 8.5 billion euros in longer-maturity debt. The “risk-off” trade is disappointing, given Italy’s sale of short-term debt on Wednesday seemed “well-received,” Luschini said. But, “it could be in anticipation of a rougher day tomorrow.” Luschini added of Thursday’s sale of longer-dated Italian debt.

Wednesday's Closing Dow Numbers:

Symbol Last Sale Change % Change Share Volume Market
AT&T T $29.95 -0.09 0.3% 16,627,580 NYSE
Alcoa AA $8.52 -0.27 3.07% 26,138,806 NYSE
American Express AXP $46.97 -0.69 1.45% 3,823,194 NYSE
Bank of America BAC $5.285 -0.195 3.56% 145,680,615 NYSE
Boeing BA $73.26 -1.01 1.36% 2,567,421 NYSE
Caterpillar CAT $89.37 -2.18 2.38% 5,238,521 NYSE
Chevron CVX $105.96 -2.02 1.87% 5,305,073 NYSE
CSCO $18.16 -0.42 2.26% 26,725,985 NASDAQ-GS
Coke KO $69.51 -0.37 0.53% 4,051,579 NYSE
Disney DIS $37.24 -0.37 0.98% 4,633,287 NYSE
DuPont DD $45.46 -0.77 1.67% 3,461,653 NYSE
Exxon XOM $84.18 -1.10 1.29% 12,765,776 NYSE
GE $17.83 -0.18 1% 38,987,710 NYSE
Hewlett-Packard HPQ $25.2 -0.45 1.75% 10,461,737 NYSE
Home Depot HD $41.53 -0.69 1.63% 5,130,103 NYSE
Intel INTC $24.225 -0.335 1.36% 23,693,466 NASDAQ-GS
IBM $183.99 -0.96 0.52% 2,871,588 NYSE
JPMorgan JPM $32.65 -0.38 1.15% 19,141,514 NYSE
Johnson & Johnson JNJ $65.45 -0.57 0.86% 5,866,667 NYSE
Kraft KFT $37.26 -0.44 1.17% 4,317,035 NYSE
McDonald's MCD $99.58 -0.97 0.96% 3,091,805 NYSE
Merck MRK $37.43 -0.32 0.85% 7,251,606 NYSE
Microsoft MSFT $25.82 -0.22 0.84% 29,793,499 NASDAQ-GS
Pfizer PFE $21.53 -0.24 1.1% 25,977,348 NYSE
Procter & Gamble PG $66.54 -0.25 0.37% 4,138,746 NYSE
MMM $81.15 -1.13 1.37% 2,612,284 NYSE
Travelers TRV $58.86 -0.67 1.13% 1,719,645 NYSE
United Technologies UTX $73.13 -0.90 1.22% 2,545,635 NYSE
Verizon VZ $39.76 -0.23 0.58% 6,800,246 DualListed
Walmart WMT $59.73 -0.10 0.17% 5,239,116 NYSE

**********************
The following are excerpts from Wed. morning's Blog.

A read of the print editions of Wednesday's Wall St. Journal yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol and Tuesday's stock prices and related data.

Dow Jones Industrial AverageThe Dow Jones Industrial Average closed Tuesday at 12,291.35 down 2.65 or 0.02% from Friday's close of 12,294. For the year the Dow is up %. Of the 30 Dow components 16 gained and 14 declined. The biggest gainer dollar-wise was Chevron CVX $107.98 +0.48 0.45% 4,113,711 NYSE and percentage-wise was Intel INTC $24.56 +0.16 0.66% 24,093,558 NASDAQ-GS. The biggest decliner dollar-wise was Caterpillar CAT $91.55 -0.70 0.76% 3,146,330 NYSE and percentage-wise was Bank of America BAC $5.48 -0.12 2.14% 156,940,891 NYSE.

WSJ pC4 "Stock investors play defense as oil tops $100" by Jonathan Cheng says a year end market rally ran out of steam as invetors turned to defensive bets and oil climbed back above $100 a barrel. Tech stocks were strong as Intel and Cisco Systems led the Dow with gains of 1% and 0.8% respectively. Fin'l stocks were laggards as Bank of America fell 12 cents and JP Morgan dropped 54 cents. The consumer confidence number was a its best level since early '09 which pushed a number of household brands to all time highs. McDonald's gained 40 cents after breaking above the $100 a share level for the first time on Fri.

As of the open of the market Wednesday, the current divisor for the Dow Jones Industrial Average found at page C4 of Wednesday's Wall St. Journal is 0.132129493. Wednesday's trailing P/E ratio is 13.29 down from Tuesday's trailing P/E ratio of 13.30 (year ago it was 14.76); Wednesday's P/E estimate is 12.37 unchanged from Tuesday's P/E estimate of 12.37 (year ago it was 13.54), and Wednesday's dividend yield is 2.59 unchanged from Tuesday's dividend yield of 2.59 (last year it was 2.48). The Dow's all-time high was 14,164.53 on Oct. 9, 2007. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Tuesday's Dow Jones Industrial Average closing numerator was 1,624.05 down 0.35 from Friday's closing numerator of 1,624.40. 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 Tuesday's Dow Jones Industrial Average was $54.13 down $0.02 from Friday's average closing price of $54.15. The median closing price of Tuesday's Dow Jones Industrial Average was $44.23 (DD/HD) up $0.10 from Friday's median closing price of $44.13. The lowest volume was 3M MMM $82.28 +0.08 0.1% 1,659,822 NYSE and the highest volume again was Bank of America BAC $5.48 -0.12 2.14% 156,940,891 NYSE.

If Tuesday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $50 ($162,440 - $162,390).

MarketWatch Tuesday 12/27/11 4:15 pm by Myra P. Saefong says the Dow Jones Industrial Average closed slightly lower Tuesday to end its recent winning streak, but the S&P 500 Index and Nasdaq Composite finished modestly higher on the heels of a jump in consumer confidence for December. The Dow Jones Industrial Average DJIA -0.02% turned lower in the last few minutes of trading, to lose 2.65 points for the session, or 0.02%, to close at 12,291.35. The index had tallied a gain of 4.5% over the past four sessions. The S&P 500 SPX +0.01% added 0.1 point, or 0.01%, to end at 1,265.43 and the Nasdaq Composite COMP +0.25% tacked on 6.56 points, or 0.3%, to close at 2,625.20.

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

Symbol Last Sale Change % Change Share Volume Market
AT&T T $30.04 +0.17 0.57% 16,226,810 NYSE: WSJ pB4 "Year in deals: paents and pipelines" by Ryan Dezember says AT&T's attempt to buy T-Mobile was the deal of the year. Also mentioned was Google's purchase of patents from firms including IBM and Kraft Food's sepration of its global snacks business.

Alcoa AA $8.79 -0.07 0.79% 18,621,624 NYSE: No mentions found.

American Express AXP $47.66 -0.29 0.6% 2,614,319 NYSE: No mentions found.

Bank of America BAC $5.48 -0.12 2.14% 156,940,891 NYSE: WSJ pC3 "Judge says widow harassed" by Jessica Silver-Greenberg" says a judge in Fla found hat collection attempts on behalf of Bank of America was illegal because it dunned the widow of a debtor.

WSJ pC12 "Overhead" says Bank of America's CEO Brian Moynihan wrote a letter to employees that didn't mention the problems caused by its Countrywide unit. BofA's stock is down 60% year to date and 75% over the past 10 years.

WSJ pC4 "Stock investors play defense as oil tops $100" by Jonathan Cheng says a year end market rally ran out of steam as invetors turned to defensive bets and oil climbed back above $100 a barrel. Tech stocks were strong as Intel and Cisco Systems led the Dow with gains of 1% and 0.8% respectively. Fin'l stocks were laggards as Bank of America fell 12 cents and JP Morgan dropped 54 cents. The consumer confidence number was a its best level since early '09 which pushed a number of household brands to all time highs. McDonald's gained 40 cents after breaking above the $100 a share level for the first time on Fri.

Boeing BA $74.27 +0.30 0.41% 2,528,049 NYSE: No mentions found.

Caterpillar CAT $91.55 -0.70 0.76% 3,146,330 NYSE: No mentions found.

Chevron CVX $107.98 +0.48 0.45% 4,113,711 NYSE: No mentions found.

Cisco CSCO $18.58 +.115 0.62% 22,838,404 NASDAQ-GS: WSJ pC4 "Stock investors play defense as oil tops $100" by Jonathan Cheng says a year end market rally ran out of steam as invetors turned to defensive bets and oil climbed back above $100 a barrel. Tech stocks were strong as Intel and Cisco Systems led the Dow with gains of 1% and 0.8% respectively. Fin'l stocks were laggards as Bank of America fell 12 cents and JP Morgan dropped 54 cents. The consumer confidence number was a its best level since early '09 which pushed a number of household brands to all time highs. McDonald's gained 40 cents after breaking above the $100 a share level for the first time on Fri.

Coke KO $69.88 -0.06 0.09% 4,950,906 NYSE: No mentions found.

Disney DIS $37.61 -0.09 0.24% 5,163,883 NYSE: No mentions found.

DuPont DD $46.23 +0.06 0.13% 2,810,690 NYSE: No mentions found.

Exxon XOM $85.28 +0.06 0.07% 10,098,780 NYSE: No mentions found.

GE $18.01 -0.22 1.21% 41,794,154 NYSE: WSJ pC1 "GE banking on MetLife deposits" by Andrew Dowell says GE's finance arm will buy the US retail deposit business of MetLife in a deal hat matches Metlife's desire to get out from under fed regulation with GE's pursuit of a more reliable funding source. The deal will bring GE Capital $7.5 bil in deposits. GE paid less than $100 mil for the unit.

Hewlett-Packard HPQ $25.65 -0.23 0.89% 11,929,266 NYSE: WSJ pB3 "Display makers reach pact" by Joan Solsman says Sharp, Samsung and 5 other makers of liquid crystal displays agreed to an over $550 mil setlement with several US. involving allegations of price fixing which vicimized Apple, Dell and Hewlett-Packard among others.

Home Depot HD $42.22 +0.13 0.31% 4,742,917 NYSE: No mentions found.

Intel INTC $24.56 +0.16 0.66% 24,093,558 NASDAQ-GS: WSJ pC4 "Stock investors play defense as oil tops $100" by Jonathan Cheng says a year end market rally ran out of steam as invetors turned to defensive bets and oil climbed back above $100 a barrel. Tech stocks were strong as Intel and Cisco Systems led the Dow with gains of 1% and 0.8% respectively. Fin'l stocks were laggards as Bank of America fell 12 cents and JP Morgan dropped 54 cents. The consumer confidence number was a its best level since early '09 which pushed a number of household brands to all time highs. McDonald's gained 40 cents after breaking above the $100 a share level for the first time on Fri.

IBM $184.95 +0.20 0.11% 2,755,608 NYSE: WSJ pB4 "Year in deals: paents and pipelines" by Ryan Dezember says AT&T's attempt to buy T-Mobile was the deal of the year. Also mentioned was Google's purchase of patents from firms including IBM and Kraft Food's sepration of its global snacks business.

Johnson & Johnson JNJ $66.02 +0.04 0.06% 4,906,043 NYSE: No mentions found.

JPMorgan JPM $33.03 -0.54 1.61% 16,741,847 NYSE: No mentions found.

Kraft KFT NYSE: WSJ pB4 "Year in deals: patents and pipelines" by Ryan Dezember says AT&T's attempt to buy T-Mobile was the deal of the year. Also mentioned was Google's purchase of patents from firms including IBM and Kraft Food's sepration of its global snacks business.

McDonald's MCD $100.55 +0.40 0.4% 2,792,187 NYSE: WSJ pC4 "Stock investors play defense as oil tops $100" by Jonathan Cheng says a year end market rally ran out of steam as invetors turned to defensive bets and oil climbed back above $100 a barrel. Tech stocks were strong as Intel and Cisco Systems led the Dow with gains of 1% and 0.8% respectively. Fin'l stocks were laggards as Bank of America fell 12 cents and JP Morgan dropped 54 cents. The consumer confidence number was a its best level since early '09 which pushed a number of household brands to all time highs. McDonald's gained 40 cents after breaking above the $100 a share level for the first time on Fri.

Merck MRK $37.75 -0.15 0.4% 7,418,121 NYSE: No mentions found.

Microsoft MSFT $26.04 +0.01 0.04% 21,242,689 NASDAQ-GS: No mentions found.

Pfizer PFE $21.77 -0.06 0.27% 19,101,681 NYSE: No mentions found.

Procter & Gamble PG $66.79 +0.12 0.18% 5,582,760 NYSE: No mentions found.

3M MMM $82.28 +0.08 0.1% 1,659,822 NYSE: No mentions found.

Travelers TRV $59.53 +0.18 0.3% 1,766,400 NYSE: No mentions found.

United Technologies UTX $74.03 -0.15 0.2% 2,532,225 NYSE: No mentions found.

Verizon VZ $39.99 +0.01 0.03% 7,680,844 DualListed: No mentions found.

Walmart WMT $59.83 -0.16 0.27% 4,849,354 NYSE: No mentions found.

******************************
Here are the current CEOs of the Dow 30 Companies:

AT&T T Randall L. Stephenson (Dallas, TX)
Alcoa AA Klaus Kleinfeld (NY, NY)
American Express AXP Kenneth I. Chenault (NY, NY)
Bank of America BAC Brian T. Moynihan (Charlotte, N.C.)
Boeing BA W. James McNerney, Jr. (Chicago, Ill)
Caterpillar CAT Douglas Oberhelman (Peoria, Ill.)
Chevron CVX John Watson (San Ramon, CA)
Cisco CSCO John Chambers (San Jose, CA)
Coca Cola KO Muhtar Kent (Atlanta, GA)
Disney DIS Robert Iger (Burbank, CA)
DuPont DD Ellen Kullman (Wilmington, DE)
ExxonMobil XOM Rex W. Tillerson (Irving, Tx)
GE Jeffrey R. Immelt (Fairfield, CT)
Hewlett-Packard HPQ 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)

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