2/16/12 Thurs. am P&G to Sell Pringles to Kellogg

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Post No. 1,477 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' recent SEC filings.

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

Dow Jones Industrial AverageThe Dow Jones Industrial Average closed Wednesday at 12,780.95 down 97.33 or 0.76% from Tueday's close of 12,878.38. For the year the Dow is up 4.61%. Of the 30 Dow components 5 gained and 25 declined. The biggest gainer dollar-wise and percentage-wise was TRV Travelers Companies Inc 59.29+0.13 0.22% 2,868,675 NYSE NYSE. The biggest decliner dollar-wise was United Technologies UTX $82.6 -2.04 2.41% 6,465,396 NYSE and percentage-wise was Bank of America BAC $7.78 -0.20 2.51% 370,511,335 NYSE.

USA Today p1B "Would optimism be higher if Apple were a Dow stock" by Adam Shell says that because the Dow is price weighted if Apple were on the Dow the Dow would now be at 14,810.80 or 16% above today's Dow.

WSJ pC4 "Dow's tumble is worst in '12" by Jon Cheng says the Dow suffered its steepest fall of the year as questions about the latest Greek bailout added to concerns about indt'l stocks. Leading the declines were indt'l stocks after a Fred Res report showed inudt'l production unchanged in Jan as economists had expected a 0.7% increase. United Technologies lost $1.56, Caterpillar lost 1.92, GE fell 18 cents and 3M fell 39 cents. These 4 accounted for 1/3 of the Dow's decline. Kellopp rose as did Daimond after Procter & Gamble said it wold terminate the deal to sell Pringles to it and would sell it to Kellogg for $2.7 bil. P&G was up 7 cents.

NYT pB7 "Shares slide on Greek's troubles" by AP says stocks slumped on Wed in one of their worst showings this year as Greece slogged through negotiations with other nations over a bailout.

USA Today p4B "Dow narrowly avoids first triple digit loss of the year" by Bloomberg says stocks fell Wed sending the S&P lower for a 2nd day as concern grew that Greece was moving closer to default & the Fed Res said policymakes were divided on buying more assets.

Fin times p24 "zynga pauses for breath as it fails to justify heavy investor buying" by Ajay Makan says shares in Zynga fell yesterday after it reported record earnings but below expectations. 3M fell 1.1% and United Technologies fell 2.4%. Bank of America fell 2.5% as Bernstein Research downgraded it to hold from buy.

Inv. Bus. Daily pA1 "heavy selling in Apple weighs on major indexes" by David Saito-Chung says stocks let early gains slip through their fingers Wed handing the major indexes moderate losses. Volume climbed a hint that inst't'l investors sold with a bit mroe vigor than usual. Wednesday's action was mdoerate losses in higher volume as the current outlook is still a "confirmed uptrend."

As of the open of the market Thursday, the current divisor for the Dow Jones Industrial Average found at page C5 of Wednesday's Wall St. Journal is 0.132129493. Thursday's trailing P/E ratio is 14.26 down from Wednesday's trailing P/E ratio of 14.37 (year ago it was 15.05); today's P/E estimate is 12.26 unchanged from Thursday's P/E estimate of 12.26 (year ago it was 12.81) and today's dividend yield is 2.53 up from yesterday's dividend yield of 2.50 (last year it was 2.36). 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 1,688.73 down 12.88 from Tuesday's closing numerator of 1,701.61. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator decrease for today by the divisor (0.132129493) you get the decrease in today's Dow. A $1 change in the price of any DJIA stock = a 7.57 change in the average.

The average closing price (the closing numerator divided by 30) of Wednesday's Dow Jones Industrial Average was $56.29 down $0.43 from Tuesday's average closing price of $56.72. The median closing price of Wednesday's Dow Jones Industrial Average was $47.59 (DD/HD) down $0.27 from Tuesday's median closing price of $47.86. The lowest volume was TRV Travelers Companies Inc 59.29+0.13 0.22% 2,868,675 NYSE and the highest volume again was Bank of America BAC $7.78 -0.20 2.51% 370,511,335 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 $1,288 ($170,161 - $168,873).

MarketWatch Wednesday 2/15/12 5:09 pm by Laura Mandaro & Kate Gibson says U.S. stocks ended solidly lower Wednesday after minutes from the latest Federal Reserve meeting nipped hopes for more quantitative easing and amid uncertainty over Greece. A sharp turn lower for Apple Inc. AAPL -0.46% , the biggest weight on the Nasdaq Composite COMP -0.55% and S&P 500 SPX -0.54% , may have also sapped some of the market’s strength. After starting higher, the Dow Jones Industrial Average DJIA -0.76% spent most of the day lower, deepening losses to close down 97.33 points, or 0.8%, to 12,780.95, its biggest decline of the year. Of 30 Dow components, 25 closed lower, led by a 2.5% retreat in Bank of America Corp. BAC -0.13% shares. For all three indexes, losses deepened after the Federal Open Market Committee’s minutes from its Jan. 24-25 meeting showed only a few members of the policy-setting panel favored another round of quantitative easing — extraordinary stimulus measures that, over the past few years, have stoked stock gains. “Liquidity is the name of the game. You’ve got central banks around the globe practicing easy monetary policy, and that influences the psychology of the market,” said Michael Gibbs, chief equity strategist at Morgan Keegan. “This headlining that QE3 may not happen may have been an excuse for profit-taking,” he said. Stocks clung to losses after euro-zone finance ministers, late in the session, released a statement reporting progress on negotiations with Greece over belt-tightening measures needed to ensure the next round of aid to the country. Read more on Eurogroup statement. Apple makes up 10.7% of the Nasdaq Composite and 3.9% of the S&P 500. The stock’s nearly unbroken rise since late January, extending a five-fold rise over the past three years, has made it one of the stock-market leaders strategists sometimes view to gauge broader trends. “When Apple broke down, the S&P 500 did the same,” said Morgan Keegan’s Gibbs. The Nasdaq Composite Index shed 16 points, or 0.6%, to 2,915.83. Notable stocks rising included Comcast Corp. CMCSA +0.60%, up 4.7% after the cable company authorized a $6.5 billion share-repurchase program. Kellogg Co. K -1.28% shares climbed 5.1% after the company said it would buy Procter & Gamble Co.’s PG +0.05% potato-chip unit for about $2.7 billion in cash.
Decliners outpaced advancers on the New York Stock Exchange, where about 800 million shares changed hands. NYSE composite volume was 4 billion, more than in recent sessions. Nasdaq composite volume was 2 billion. U.S. economic reports had production at American factories climbing in January, with output up 0.7%. Separately, the Federal Reserve Bank of New York’s gauge of manufacturing in the New York region widened this month to its highest level since June 2010. Also, confidence among home builders rose more than expected in February to the highest level since May 2007. The S&P 500 Index SPX -0.54% fell 7.27 points, or 0.5%, to 1,343.23, with industrials the worst performing of its 10 industry groups. All but materials, which closed flat, were lower. International stock markets had risen as China vowed to invest in Europe’s rescue funds and maintain its holdings of euro assets. But U.S. stocks fell in early trading after reports emerged that euro-area finance officials might postpone at least a portion of the next round of aid to Greece. “Germany is drawing the line — they just don’t believe Greece is going to follow suit on the next round of austerity measures,” said Art Hogan, an equity strategist at Lazard Capital Markets in New York. U.S. economic data Wednesday proved largely positive, with industrial production, while lighter than expected, still “one of the strongest pieces of economic data we’ve seen for the last 12 months,” added Hogan. Apple Inc. AAPL -0.46% shares were volatile, rising more than 2% in the early going and closing down 2.3% after reports Amazon.com AMZN +0.13% had pulled the iPad from its site in China after a court ruling to halt selling the device. The S&P 500 and Nadsaq Composite, both slightly higher at midday, turned lower alongside Apple.

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

Symbol Last Sale Change % Change Share Volume Market

AT&T T $29.87 -0.20 0.67% 23,004,511 NYSE: WSJ pB1 "AT&T hunts spectrum" by Gina Chon says the collapse of the $39 bil deal to buy T-Mobile now has AT&T looking at other deals to increase its access to the airwaves including potential deals with Leap Wireless, Dish Netwrok or MetroPCS. Verizon Wireless said in Dec it would pay $3.6 bil to buy unused airwves from several cable firms.

WSJ pB7 "Bill is a boon for wireless" by Amy Schatz says a bill that would have a payroll tax cut has a provision that will auction off television airwaves which will help AT&T & Verizon.

Alcoa AA $10.1 -0.11 1.08% 26,828,877 NYSE: No mentions found.

American Express AXP $51.52 -0.44 0.85% 5,480,376 NYSE: No mentions found.

Bank of America BAC $7.78 -0.20 2.51% 370,511,335 NYSE: Fin times p24 "zynga pauses for breath as it fails to justify heavy investor buying" by Ajay Makan says shares in Zynga fell yesterday after it reported record earnings but below expectations. 3M fell 1.1% and United Technologies fell 2.4%. Bank of America fell 2.5% as Bernstein Research downgraded it to hold from buy.

Boeing BA $75.21 -0.35 0.46% 4,246,371 NYSE: WSJ pB6 "Japan Airlines plans to spend $6 bil on new aircraft" by Yoshio Takahashi, AJC pA14 "JAL orders an add'l 10 Beoing 787 aircrafts" say Japan Airlines backlog is now 45 787s as it expands int'l operations.

WSJ pB6 "Lion Air orders put spotlight on Indonesia" by Eric Bellman says Lion's recent orders to buy 201 737 Max jetliners from Boeing and 29 737-900 ERs in a deal worth $22.4 bil.

WSJ pD1 "How Dreamy is the Dreamliner?" by Scott McCarney says the787 is the fastest selling comm'l jet in history with 59 airlines ordering 870 of them. Review says it is comfortable with big windows and big overhead bins but it is still an airplane.

Caterpillar CAT $112.53 -1.92 1.68% 8,200,535 NYSE: WSJ pC4 "Dow's tumble is worst in '12" by Jon Cheng says the Dow suffered its steepest fall of the year as questions about the latest Greek bailout added to concerns about indt'l stocks. Leading the declines were indt'l stocks after a Fred Res report showed inudt'l production unchanged in Jan as economists had expected a 0.7% increase. United Technologies lost $1.56, Caterpillar lost 1.92, GE fell 18 cents and 3M fell 39 cents. These 4 accounted for 1/3 of the Dow's decline. Kellopp rose as did Daimond after Procter & Gamble said it wold terminate the deal to sell Pringles to it and would sell it to Kellogg for $2.7 bil. P&G was up 7 cents.

Chevron CVX $105 -1.49 1.4% 6,553,826 NYSE: No mentions found.

Cisco CSCO $19.91 -0.16 0.8% 44,845,920 NASDAQ-GS: WSJ pB4 "Cisco appeals Skype ruling" by Ben Worthen, USA Today p1B "Cisco challenges Microsoft, Skype deal", Inv. Bus. Daily pA2 "Cisco challenges Skype deal", AJC pA14 "Cisco takes Microsoft-Skype deal to EU court" say Cisco is challenging Microsoft's $8.5 bil takeover of Skype at the European Union's top court to ensure Microsoft won't block other video conferencing services.

Coke KO $68.4 -0.50 0.73% 7,388,325 NYSE: WSJ pB4 "Higher prices boost profit at Dr Pepper Snapple" by Paul Ziobro says Dr Pepper partners with PepsiCo and Coca-Cola's bottlers to distribute its sodas.

Disney DIS $41.25 -0.35 0.84% 7,890,685 NYSE: No mentions found.

DuPont DD $49.46 -0.20 0.4% 5,515,158 NYSE: No mentions found.

Exxon XOM $84.12 -0.55 0.65% 13,909,261 NYSE: No mentions found.

GE $18.76 -0.18 0.95% 41,375,804 NYSE: Fin times p10 "Leaders who go the extra mile" by Rahul Jacob profiles GE's Asian boss, John Rice, who is GE's vice-Chair.

WSJ pC4 "Dow's tumble is worst in '12" by Jon Cheng says the Dow suffered its steepest fall of the year as questions about the latest Greek bailout added to concerns about indt'l stocks. Leading the declines were indt'l stocks after a Fred Res report showed inudt'l production unchanged in Jan as economists had expected a 0.7% increase. United Technologies lost $1.56, Caterpillar lost 1.92, GE fell 18 cents and 3M fell 39 cents. These 4 accounted for 1/3 of the Dow's decline. Kellogg rose as did Diamond after Procter & Gamble said it wold terminate the deal to sell Pringles to it and would sell it to Kellogg for $2.7 bil. P&G was up 7 cents.

Hewlett-Packard HPQ $29.12 +0.04 0.14% 15,739,443 NYSE: No mentions found.

Home Depot HD $45.71 -0.35 0.76% 7,467,227 NYSE: No mentions found.

Intel INTC $26.58 -0.20 0.75% 35,776,704 NASDAQ-GS: No mentions found.

IBM $192.25 +0.03 0.02% 4,020,638 NYSE: No mentions found.

JPMorgan JPM $37.4 -0.52 1.37% 26,449,554 NYSE: No mentions found.

Johnson & Johnson JNJ $64.65 +0.04 0.06% 8,970,327 NYSE: Inv. Bus. Daily pA5 "Drugmaker diversifies offerings as patent expiration looms" by Vance Cariaga gives example of a patent litigation settlement between Watson Pharma and Johnson & Johnson as a deal that benefited both sides as Watson was allowed to sell a generic version of J&J's add drug Concerta.

Kraft KFT $38.29 -0.21 0.55% 7,808,067 NYSE: No mentions found.

McDonald's MCD $98.61 -0.94 0.94% 5,208,936 NYSE: No mentions found.

Merck MRK $38.02 -0.19 0.5% 12,184,123 NYSE: No mentions found.

Microsoft MSFT $30.05 -0.20 0.66% 43,307,170 NASDAQ-GS: AJC pA14 "Cisco takes Microsoft-Skype deal to EU court" says Cisco is challenging Microsoft's $8.5 bil takeover of Skype at the European Union's top court to ensure Microsoft won't block other video conferencing services.

Pfizer PFE $21.11 -0.22 1.03% 29,602,499 NYSE: No mentions found.

Procter & Gamble PG $64.55 +0.07 0.11% 11,651,661 NYSE: WSJ pC12 "Once Kellog pops, it might never stop" by John Jannarone, "Overheard", WSJ pB1 "A hunch for crunch: Kellogg adds snacks" by Julie Jargon, NYT pB5 "Kellogg to buy Pringles for $2.7 Bil in cash deal" by Michael J. de la Merced, USA Today p1B "Kellogg to buy Pringles from P&G", Fin times p1 "Kellogg to acquire Pringles after P&G ditches Diamond Foods deal" by Barney Jopson, AJC PA14 "P&G to sell Pringles to Kellogg for $2.7 Bil" say P&G cancelled the deal to sell it to Diamond and will sell it to Kellogg instead.

WSJ pC4 "Dow's tumble is worst in '12" by Jon Cheng says the Dow suffered its steepest fall of the year as questions about the latest Greek bailout added to concerns about indt'l stocks. Leading the declines were indt'l stocks after a Fred Res report showed inudt'l production unchanged in Jan as economists had expected a 0.7% increase. United Technologies lost $1.56, Caterpillar lost 1.92, GE fell 18 cents and 3M fell 39 cents. These 4 accounted for 1/3 of the Dow's decline. Kellogg rose as did Diamond after Procter & Gamble said it wold terminate the deal to sell Pringles to it and would sell it to Kellogg for $2.7 bil. P&G was up 7 cents.

3M MMM $87.01 -0.98 1.11% 3,646,939 NYSE: WSJ pC4 "Dow's tumble is worst in '12" by Jon Cheng says the Dow suffered its steepest fall of the year as questions about the latest Greek bailout added to concerns about indt'l stocks. Leading the declines were indt'l stocks after a Fred Res report showed inudt'l production unchanged in Jan as economists had expected a 0.7% increase. United Technologies lost $1.56, Caterpillar lost 1.92, GE fell 18 cents and 3M fell 39 cents. These 4 accounted for 1/3 of the Dow's decline. Kellogg rose as did Diamond after Procter & Gamble said it wold terminate the deal to sell Pringles to it and would sell it to Kellogg for $2.7 bil. P&G was up 7 cents.

Fin times p24 "zynga pauses for breath as it fails to justify heavy investor buying" by Ajay Makan says shares in Zynga fell yesterday after it reported record earnings but below expectations. 3M fell 1.1% and United Technologies fell 2.4%. Bank of America fell 2.5% as Bernstein Research downgraded it to hold from buy.

Travelers TRV $59.29 +0.13 0.22% 2,868,675 NYSE: No mentions found.

United Technologies UTX $82.6 -2.04 2.41% 6,465,396 NYSE: WSJ pC4 "Dow's tumble is worst in '12" by Jon Cheng says the Dow suffered its steepest fall of the year as questions about the latest Greek bailout added to concerns about indt'l stocks. Leading the declines were indt'l stocks after a Fred Res report showed inudt'l production unchanged in Jan as economists had expected a 0.7% increase. United Technologies lost $1.56, Caterpillar lost 1.92, GE fell 18 cents and 3M fell 39 cents. These 4 accounted for 1/3 of the Dow's decline. Kellogg rose as did Diamond after Procter & Gamble said it wold terminate the deal to sell Pringles to it and would sell it to Kellogg for $2.7 bil. P&G was up 7 cents.

Fin times p24 "zynga pauses for breath as it fails to justify heavy investor buying" by Ajay Makan says shares in Zynga fell yesterday after it reported record earnings but below expectations. 3M fell 1.1% and United Technologies fell 2.4%. Bank of America fell 2.5% as Bernstein Research downgraded it to hold from buy.

Verizon VZ $37.83 -0.21 0.55% 10,625,278 DualListed: WSJ pB7 "Bill is a boon for wireless" by Amy Schatz says a bill that would have a payroll tax cut has a provision that will auction off television airwaves which will help AT&T & Verizon.

WSJ pB1 "AT&T hunts spectrum" by Gina Chon says the collapse of the $39 bil deal to buy T-Mobile now has AT&T looking at other deals to increase its access to the airwaves including potential deals with Leap Wireless, Dish Network or MetroPCS. Verizon Wireless said in Dec it would pay $3.6 bil to buy unused airwves from several cable firms.

Walmart WMT $61.76 -0.46 0.74% 5,816,135 NYSE: No mentions found.

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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 (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 Inge Thulin replaces George W. Buckley on 2/24(St. Paul, MN)
Travelers TRV Jay S. Fishman (NY, NY)
United Technologies UTX Louis Chenevert (Hartford, CT)
Verizon VZ Lowell McAdam (NY, NY)
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 2/1/12 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $402 [5]
2. Microsoft MSFT 251.5 [8.5]
3. IBM 227 [1]
4. WalMart WMT 213 [3.5]
5. Chevron CVX 204.5 [2]
6. GE 198 [10.5]
7. Johnson & Johnson JNJ 179 [3]
8. AT&T T 175.5 [6]
9. Procter & Gamble PG 174 [3]
10. Pfizer PFE 164 [7.5]
11. Coke KO 154 [2.5]
12. JPMorgan Chase JPM 143 [4]
13. Intel INTC 135 [5]
14. Merck MRK 118 [3]
15. Verizon VZ 107 [3]
16. Cisco CSCO 106.5 [5.5]
17. McDonald's MCD 100.5 [1]
18. Bank of America BAC 74.5 [10]
19. United Technologies UTX 72.5 [1]
20. Caterpillar CAT 71.5 [.5]
21. Disney DIS 70.5 [2]
22. Home Depot HD 68.5 [1.5]
23. Kraft KFT 68 [2]
24. 3M MMM 61 [.5]
25. American Express AXP 59 [1]
26. Hewlett-Packard HPQ 57 [2]
27. Boeing BA 56 [1]
28. DuPont DD 47.5 [1]
29. Travelers TRV 24.5 [.5]
30. Alcoa AA 11 [1]

Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 2/11/12:

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

AT&T T: 1/26/12 two 8Ks re redemption of 6.3% Sr. notes & reduction of Citibank lending comitment to $3 bil
1/13/12 two 8Ks re: 4Q results and stock buybacks
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

Alcoa AA: 2/26/12 8K re: amendment to bylaws re: notice to shareholders
1/19/12 8K re: Sir Martin Sorrell's appointment to Board of Dirs
1/12/12 8K e: transcript of 4Q earnings call
1/10 8K re: 4Q results
1/6/12 8K re: closing of smelter plannt in alcoa, tn & 2 plants in Tx
11/16/11 8K re: exec changes

American Express AXP: 2/9/12 8K re: Investor presentation
1/27/12 8K re: amendment to '07 Incentive Comp Plan
1/19 8K re: 4Q & FY '11 results
1/17/12 8K re: delinq. & write-off stats thru 12/31/11
12/15/11 8K re: delinq. & write-off stats for prior 3 months
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

Bank of Am BAC: 2/10/12 8K re: settlement of mortgage abuse case with state & fed regulators
1/19/12 4Q & FY '11 results
1/13/12 8K re: restated indenture
12/16/11 8K re: unregistered sale of $885.4 of Senior Notes
12/6/11 8K re: stating it is unaffiliated from IPIC Group's mini-tender off of 4.86% of its common
12/2/11 8K re exchange of $442.3 of senior notes
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

Boeing BA: 2/9/12 10K for year ended 12/31/11
1/25/12 8K re: 4Q results
12/15/11 8-K/A election of Gregory D. Smith as CFO
11/14/11 8K re: $2.3 bil revolving credit agrmt.
11/1/11 8K re: exec changes

Caterpiller CAT: 1/26/12 two 8Ks re: 4Q & full year '11 results & dealer stats.
12/19/11 8K re pst 3 months dealer stats.
12/16/11 8K re extension of stock repurchase plan
11/18/11 8K re: past 3 monts dealer stats
11/4/11 10Q for Qtr ended 9/30

Chevron CVX: 1/27/12 two 8Ks re: 4Q results & grant of exec stock options
1/11/12 8K re: forecst for 4Q
12/12/11 8K re grant of exec stock options
11/3/11 10Q for Qtr ended 9/30/11

Cisco CSCO 2/8/12 8K re: 2Q results
12/16/11 8K re pre-arranged exec stock trading plan
12/8/11 8K re amendment of stock option plan
11/22/11 10Q & 8K for Qtr ended 10/29

Coke KO 2/7/12 8K re: 4Q & full year '11 results
12/19/11 re election of ex Mayor of Chicago Richard M. Daley to Board of Dirs.
11/10/11 Prospectus re: exchange of $1.6 bil of 2016 Notes

Disney DIS 2/7/12 10Q for 12/31/11
2/7/12 8K re: 1Q results
1/20/12 Proxy re: annual mtg of shareholders on 3/13/12 at 10 am at Westin, Kansas City
12/1/11 8K re sale of $1.6 bil of Global Notes
11/23/11 10K & 11/10/11 8K re: results for fiscal year ened 10/1/11

DuPont DD: 2/9/12 10K re: FY ended 12/31/11
1/25/12 8K re: comp to CEO Ellen Kullman
1/24/12 8K re: Qtr ended 12/31/11 results
11/22/11 8K : re: election of Lee M. Thomas as Director

ExxonMobil XOM: 1/31/12 8K re: 4Q results
12/6/11 8K re disclosure of exec bonuses and salaries (CEO's Rex Tillerson's base effective 1/1/12 is $2,567,000 and no exec has a contract, all are employees at will
11/29/11 8K re: exec changes
11/3/11 10Q for Qtr ended 9/30/11

GE: 1/20/12 8K re: 4Q results
11/8/11 10Q for Qtr ended 9/30/11

Hewlett-Packard HPQ: 2/3/12 Proxy re: 3/21/12 annual meeting of shareholders at Santa Clara, CA Convention Ctr.
1/30/12 8K re: Lawrence Babbio retiring from Board of Dirs.
1/20/12 8K re: Sari Baldauf retiring from Board of Dirs.
12/14/11 10Q for year ended 10/31/11
12/12/11 8K re close of sale of $3.5 bil of Global Notes
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

Home Depot HD: 1/6/12 S-3 Shelf Registration for direct purchase of shares
11/29/11 10Q & 11/15/11 8K re: results of Qtr ended 10/31/11

Intel INTC: 2/9/12 8K re: settlement of antitrust case beought by NY Atty Gen'l
1/20/12 8K re: appointment of Brian M. Krzanich as COO
1/20/12 8K & 1/19/12 8K re: Qtr & FY 12/31/11 results
11/4/11 10Q for Qtr ended 10/1/11

IBM: 2/9/12 8K re: underwriting agreement for 2.2% Notes due '17
2/3/12 8K re: underwriting agreeement for notes due '15 - '17
2/3/12 8K re: exec salaries for top 5 execs
1/3/12 8K re: election of CEO Virginia Rometty & also David Farr to Board of Dirs
1/20/12 8K, 1/19/12 8K, & 1/3/12 8K re: results for FY 12/31/11
11/14/11 8K re: $10 bil Credit Agrmt

JPMorganChase JPM: 2/9/12 8K re: global settlement of mortgage foreclsure suits brought by state & fed regulators
1/23/12 8K re: issuance of $3.25 bil notes
1/13/12 two 8Ks re: 4Q results
12/22/11 8K re closing of $1.25 bil 5.4% Notes
12/8/11 8K re increase to share repurchase program
12/8/11 8K re FD disclosure re guidance presentation
11/8/11 8K re: election of James A. Bell as Dir.
11/4 28ks & 10Q re: Qtr ended 9/30/11

Johnson & Johnson JNJ : 1/24/12 8K re: 4Q & FY 12/31/12 results
1/13/12 8K re: stock option form certificates
12/13/11 8K re closing of divestiture of assets of Ortho Dematologics division which made Retin-!
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

Kraft KFT: 1/17/12 8K re: forecast of '11 results
1/10/12 8K re: issuance of $800 mil floating rate notes
1/9/12 8K re: execs named for spin-off of N. Amer. grocery business
12/5/11 8K re appointment of Irene Rosenfeld to lead Global Snacks and Tony Vernon as CEO fo N. American Grocery company
11/4/11 10Q & 11/2/11 8K re: Qtr ended 9/30/11

McDonald's MCD: 2/10/12 8K re: grant of exec stock options
2/8/12 8K re: Jan '12 sales
2/7/12 8K re: issuance of $750 mil med term notes
1/31/12 8K re: exec comp awards to 5 top execs
1/24/12 8K re: 4Q & FY 12/31/11 results
12/2/11 8K re Nov sales rose 7.4%
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

Merck MRK: 2/9/12 8K re: Dr. Thomas Shenk retiring from Board of Dirs.
2/2/12 8K re: full year & 4Q results 12/31/11
1/13/12 8K re: settlement of shareholder derivative suit in US Dist Ct. New Jersey
12/21/11 8K re: technical amendments to bylaws
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

Microsoft MSFT: 1/27/12 10Q/A & 1/19/12 10Q for year ended 12/31/11
1/19/12 8K re: 2Q 12/31/11 results
12/22/11 8K/A re frequency of advisory votes on exec pay
11/17/11 8K re: voting results from Annual Shareholder Meeting

Pfizer PFE: 1/31/12 8K re: 4Q & full year 12/31/11 results
12/13/11 8K re election of 3 new members to Board
11/10/11 10Q & 11/1/11 8K for Qtr ended 10/2/11

Procter & Gamble PG:2/10/12 8K re: restructuring of Beauty & Grooming Blobal Business Unit
2/6/12 8K re: issuance of $2 bil 2.3% & floating rate notes
1/27/12 10Q & two 8Ks re: 12/31/11 results
1/17/12 8K re: change to segment reporting structure
1/10/12 8K re: declaration of quarterly dividend of 52 & half cents per share
11/3/11 8K re: Guidance
11/1/11 8K re: delay of sale of Pringles to Diamond Food

3M MMM: 2/8/12 8K re: Inge G. Thulin replacing George W. Buckley as CEO on 2/24/12
1/26/12 8K re: 4Q & full FY 12/31/11 results
12/6/11 8K re eps guidance
11/3/11 10Q re Qtr ended 9/30/11
11/3/11 8K re: pre-arranged stock trading plan for an exec

Travelers TRV: 1/24/12 8K re: quarter results ending 12/31/11
10/19/11 10Q & 8K re: results for Qtr ended 9/30/11

United Technologies UTX: 2/9/12 10K for year ended 12/31/11
1/25/12 8K re: 4Q & full '11 year results
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

Verizon Communications Inc. VZ: 1/24/12 8K re: 4Q results & '12 outlook
1/6/12 8K re: investor presentation
12/6/11 8K re: election of Lowell McAdam as new CEO
12/2/11 8K re purchase of spectrum for $3.6 bil

WalMart WMT: 1/25/12 8K re: election of Rosalind Brewer as CEO of Sam's Club
12/8/11 8K re registration rights agreement with certain selling shareholders
12/8/11 10Q for qtr ended 10/1/11
11/15/11 8K re: results for 3 & 9 months ended 10/31/11