Friday, June 8, 2012

6/8/12 Fri pm Dow Closes at 12,554.20 up 93.24 or 0.75%


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. 1,666 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 recent ranking of the Dow 30 components by market capitalization and recent Dow 30 components' SEC filings.

 The Dow Jones Industrial Average closed Friday at 12,554.20 up 93.24 or 0.75% from Thursday's close of 12,460.96.   For the week the Dow is up 435.63 or 3.59%  from last Friday's close of 12,118.57 . Of the 30 Dow components 27 gained and 3 declined. The biggest gainer dollar-wise and percentage-wise was Walmart up $2.35 or 3.57%. The biggest decliner dollar-wise  and percentage-wise wasMcDonald's down 54 cents or 0.62% .

As of the open of the market on Friday the current divisor for the Dow Jones Industrial Average found at page C5 of Friday's Wall St. Journal is 0.132129493. Friday's trailing P/E ratio is 13.73 up from yesterday's trailing P/E ratio of 13.35 (year ago it was 13.71); today's P/E estimate is 11.78 unchanged from Thursday's P/E estimate of 11.78 (year ago it was 12.40) and today's dividend yield is 2.72 down from yesterday's dividend yield of 2.77 (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.

Thursday's Dow Jones Industrial Average closing numerator was 1,658.78 up 18.42 from Wednesday's closing numerator of 1,640.36. 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 $55.29 up $0.41 from Thursday's average closing price of $54.88. The median closing price of Friday's Dow Jones Industrial Average was $53.73 (HD/DD) up $1.38 from Thursday's median closing price of $52.35. The lowest volume was Travelers and the highest volume again was Bank of America.

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 $1,842 ($165,878 - $164,646 ).

MarketWatch Friday 3:58 by Kate Gibson says U.S. stocks rose on Friday, on track for their best week this year, on hope Europe would move to combat its economic crisis, including an anticipated recapitalization of Spanish banks.“It looks like we’re going to have a good week -- the market is expecting some monetary relief,” said Bruce Bittles, chief investment strategist at RW Baird & Co.“There is optimism that over the weekend things are going to happen in Spain, that they are going to successfully hold out their hat and get some sort of lifeline,” said John Cannally, economist at LPL Financial in Boston.“You don’t go through a weekend anymore where there’s not some conference call or event that could move markets,” Cannally added.Up 3.4% for the week, the Dow Jones Industrial Average DJIA +0.75%  rose 67.51 points, or 0.5%, to 12,528.47. McDonald’s Corp. MCD -0.71%  led blue-chip decliners after the fast-food chain reported global sales at stores open at least 13 months rose 3.3% in May, short of expectations.European investors will be looking for indications that the Chinese economy is slowing, as well as watching elections in France and Greece and earnings results from U.K. retailers Tesco and Sainsbury's.The S&P 500 Index SPX +0.81%  rose 8.48 points, or 0.7%, to 1,323.47, with telecommunications and financials the best performers of its 10 industry groups and energy the sole declining sector.The Nasdaq Composite Index COMP +0.97%  gained 22.56 points, or 0.8%, to 2,853.58.For every stock falling more than two gained on the New York Stock Exchange, where 498 million shares traded as of 3:45 p.m. Eastern.The U.S. dollar DXY +0.24%  rose and Treasury yields 10_YEAR -0.37%   mostly fell. Crude-oil futures CLN2 -0.51%  fell but gained on the week, finishing at $84.10 a barrel.The euro EURUSD -0.49%  made a partial recovery ahead of a weekend that includes talks by euro-zone finance officials expected to focus on emergency assistance to Spanish lenders.Reuters cited sources in Brussels and Berlin in reporting that Spain would likely request euro-zone help with recapitalizing its banks during the weekend, with an announcement expected Saturday.In nationally televised comments to reporters in the White House briefing room, President Barack Obama urged Europe’s leaders to help the troubled banking sector. “It strikes me as another coordinated activity,” said Cannally of the president’s comments.U.S. stocks had declined as economic reports from Europe furthered concern about the global economy, with German exports declining more than projected and Italian industrial production contracting in April.And, Chinese economic data to be released during the weekend “should give them room to cut more,” said Cannally of expectations China would follow up on its first interest-rate cut in years with additional cuts.The Commerce Department on Friday reported the U.S. trade deficit narrowed 4.9% in April to $50.1 billion.

Friday's Closing Dow Numbers:


Symbol Last Sale Change % Change Share Volume Market
TNYSE
AANYSE
AXPNYSE
BACNYSE
BANYSE
CATNYSE
CVXNYSE
CSCONASDAQ-GS
KONYSE
DISNYSE
DDNYSE
XOMNYSE
GENYSE
HPQNYSE
HDNYSE
INTCNASDAQ-GS
IBMNYSE
JPMNYSE
JNJNYSE
KFTNYSE
MCDNYSE
MRKNYSE
MSFTNASDAQ-GS
PFENYSE
PGNYSE
MMMNYSE
TRVNYSE
UTXNYSE
VZDualListed
WMTNYSE

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


A read of the print editions of Friday's Wall St. 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 a separate table of Dow component's symbol and Thursday's stock prices and related data in alphabetical order.

Dow Jones Average The Dow Jones Industrial Average closed Thursday at 12,460.96 up 46.17 or 0.37% from Wednesday's close of 12,414.79.   For the year the Dow is up 1.99%. Of the 30 Dow components 16 gained, Johnson & Johnson was unchanged and 13 declined. The biggest gainer dollar-wise and percentage-wise was United Technologies. The biggestdecliner dollar-wise was AT&T and percentage-wise was Bank of America.

WSJ pC4 "Blue Chips limp to a win" by Matt Phillips says after springing from the gates, stocks struggled to the finish line Thurs after Fed Res Chair Ben Bernanke declined to commit to a fresh push to support the economy. China's central bank cut interest rates to give the economya  boost which made Untied Technologies stock gain 2.4%.  In late April, it had said that new Chinese orders at its Otis Elevator unit fell.  Boeing which is also positioning itself for China driven growth rose 1.4%.

Fin Times p22 "Best Buy falls after sudden exit of chairman amid volatile session" by Kandy Wong says a volatile session saw stocks swinging wildly throught the day.  The S&P recorded strong gains to start the day, but investors were sent scrambling after Bernanke gave no signs of add'l monetary stimuluants.  Caterpillar gain 0.6% on good news from China's Central Bank as United Technologies was also up 2.4%.

NYT pB7 "Shares fade after Fed deos not show its hand" by AP says an early rally in stocks after Benrnake gave little indication he was ready to take further steps to stoke economic  growth which has started to falter.

USA Today p4B "Euphoria over China rate cut fades on Bernanke comments" by Bloomberg says most stocks fell Thurs as a late slump in fin'l and tech shares erased a rally driven by China's first interest rate cut since '08.  Bank of America and Hewlett-Packard dropped at least 1.3% for the biggest declines in the Dow.

Inv. Bus. Daily pB2 "Stocks erase most gains as week's rally stumbles" by Paul Whitfield says stocks kicked away a chance Thurs for a 3rd straight day of solid gains as a rally fizzled.  The current outlook is the market is in a correction.  Home Depot rose for a 4th straight session.

Thursday's Dow Jones Industrial Average closing numerator was 1,646.46 up 6.10 from Wednesday's closing numerator of 1,640.36. 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 Thursday's Dow Jones Industrial Average was $54.88 up $0.20 from Wednesday's average closing price of $54.68. The median closing price of Thursday's Dow Jones Industrial Average was $52.35 (HD/DD) up 0.75 from Wednesday's median closing price of $49.60. The lowest volume was Travelers and the highest volume again was Bank of America.

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 $606 (164,646 - $164,040).

MarketWatch Thursday 4:61 by Kate Gibson says U.S. stocks lost much of Thursday’s gains after Federal Reserve Chairman Ben Bernanke said the central bank would review the economy before making a decision on further stimulus. The near-neutral finish follows Wall Street’s best session of the year. Federal Reserve Chairman Ben Bernanke told Congress that while the U.S economy still faces an assortment of risks, the Fed is not ready to to step in and take monetary action. “The strength yesterday in equity markets is not sustainable, with Europe still in trouble and global growth still slowing,” said Jim Russell, chief equity strategist for U.S. Bank Wealth Management.
After a 140-point climb, the Dow Jones Industrial AverageDJIA+0.37% ended at 12,460.96, up 46.17 points, or 0.4%. With one more session left in the week, the Dow is up 2.8% from last Friday’s close, aided by Wednesday’s nearly 287-point jump. Halting a winning run at three sessions, the S&P 500 IndexSPX-0.01% finished fractionally lower at 1,314.99. Also breaking a three-day run higher, the Nasdaq Composite COMP-0.48% fell 13.7 points, or 0.5%, to 2,831.02. For every eight stocks declining, roughly seven gained on the New York Stock Exchange, where nearly 585 million shares traded. Composite volume topped 4.1 billion. The major indexes trimmed gains as Bernanke’s words proved less concrete than some might have hoped.“The markets were maybe looking for him to be a bit more definitive or dovish in his approach, so it’s a mild disappointment, but we didn’t think an imminent signal would be sent,” said Russell. “Bernanke is looking to fiscal and governmental leaders to bring fiscal-policy ideas to the table, and so far they’ve fallen short. There are limits to monetary policy, and we’re either seeing them or close to it,” he said. Oil and gold futures also ended lower after the Bernanke testimony. With less than two weeks before the next Federal Open Market Committee meeting, Bernanke “wasn’t going to be more explicit,” emailed Peter Boockvar, equity strategist at Miller Tabak. Stocks had spent nearly all of Thursday’s session on higher ground after China cut its interest rate in a bid to bolster the globe’s second-largest economy. The move fed into expectations that central bankers around the globe would move to boost growth.China has been “overt about saying we’re not happy with the current rate of growth, and taking interest rates down is within their tool box,” said Russell. “We think additional rate actions will be executed by China this year, two or three total of which we got one today,” said Russell, who adds that at 6.3%, China’s interest-rate environment differs greatly from that in the U.S., where the Fed’s key rate stands near zero. Late Wednesday, Fed Vice Chairman Janet Yellen said the U.S. economy is still vulnerable and could warrant further stimulus. “If we had to guess, we would expect the Fed to extend Operation Twist, which is due to shut down or expire on June 30,” said Russell, who adds the Fed might vary its purchases from Treasury bonds to “mortgage bonds or other types to keep rates on the long end of the yield curve low.” On the data front, the count of first-time applicants filing for jobless benefits declined last week, with claims down to 377,000 from a revised 389,000 the week before. “This is what we want to see, claims coming down. So it was a nice, moderate surprise,” said Russell of the weekly data. But, “we are cognizant that with the level of intensity of the headlines coming out of Europe that consumers and perhaps even business leaders are taking some sort of pause to hiring and spending,” Russell added.

Friday's Dow News followed by Thursday's Closing Dow Numbers:

AT&T:    USA Today p1B "Prepaid wireless competition heats" by Roger Yu says Verizon Wireless, AT&T and other wireless carriers are focusing on customers they once ignored: bargain hunters with a fear of commitment.  Verizon launched a prepaid plan in April with unlimited voice and tet and1 gigabyte of data for $80 on its 3G network.  AT&T in April started a new plan that offers 1 GB of data for $25 a month, doubling the data amount offered in previous prepaid plans.

WSJ pC1 "Idea of a dividend bubble has some pop" by Spencer Jakab says investors may start to pay more attention to market stalwarts such as AT&T, McDonald's or Procter & Gamble as their appeal goes beyond regular income as academic studies show them historically trouncing nonpayers.

WSJ pB4 "Ergen spies an opening for new wireless network" by Shalini Famachandran says Dish Network is spending billions of dollars to build a cellular broadband network to compete with carriers like Verizon Wireless and AT&T.

Alcoa: No mentions found.

American Express:    WSJ pC4 "Ford maeks the grade, joins borrowing spree" by Patrick McGee says on  Thursday Ford, American Express, Ge, Safeway and Viacom sold high grade bonds.

Bank of America:  USA Today p4B "Euphoria over China rate cut fades on Bernanke comments" by Bloomberg says most stocks fell Thurs as a late slump in fin'l and tech shares erased a rally driven by China's first interest rate cut since '08.  Bank of America and Hewlett-Packard dropped at least 1.3% for the biggest declines in the Dow.

Boeing:  WSJ pB5 "Dreamliner hits a milestone" by Jon Ostrower says Beoing rolled out the first 787 Dreamliner from its main factory that won't need  major additional work before delivery, a long delayed milestone that reflects streamlined manufacturing of its flagshop jet but also points up the program's large costs. 

WSJ pC4 "Blue Chips limp to a win" by Matt Phillips says after springing from the gates, stocks struggled to the finish line Thurs after Fed Res Chair Ben Bernanke declined to commit to a fresh push to support the economy. China's central bank cut interest rates to give the economya  boost which made Untied Technologies stock gain 2.4%.  In late April, it had said that new Chinese orders at its Otis Elevator unit fell.  Boeing which is also positioning itself for China driven growth rose 1.4%.

Caterpillar: Fin Times p22 "Best Buy falls after sudden exit of chairman amid volatile session" by Kandy Wong says a volatile session saw stocks swinging wildly throught the day.  The S&P recorded strong gains to start the day, but investors were sent scrambling after Bernanke gave no signs of add'l monetary stimulur.  Caterpillar gain 0.6% on good news from China's Central Bank as United Technologies was also up 2.4%.

Chevron:  WSJ pB6 "energy titans look to Myanmar" by Simon Hall says Chevron and GE are seeking deals in Myanmar as DC slowly removes investment restrictions, playing catch-up to global rivals who have already rushed in to take advantage of its untapped oil and gas wealth.

Cisco: No mentions found.

Coke: No mentions found.

Disney: No mentions found.

Exxon: No mentions found.

GE:  WSJ pC4 "Ford maeks the grade, joins borrowing spree" by Patrick McGee says on  Thursday Ford, American Express, Ge, Safeway and Viacom sold high grade bonds.

  WSJ pB6 "energy titans look to Myanmar" by Simon Hall says Chevron and GE are seeking deals in Myanmar as DC slowly removes investment restrictions, playing catch-up to global rivals who have already rushed in to take advantage of its untapped oil and gas wealth.

Hewlett-Packard:  USA Today p4B "Euphoria over China rate cut fades on Bernanke comments" by Bloomberg says most stocks fell Thurs as a late slump in fin'l and tech shares erased a rally driven by China's first interest rate cut since '08.  Bank of America and Hewlett-Packard dropped at least 1.3% for the biggest declines in the Dow.

Home Depot:  Inv. Bus. Daily pB6 "Home Depot shows muscle as base forms" by Vincent Mao says Home Depot is just 3% off its 52 week  high compared to the S&P which is 7% off its latest peak.  Home Depot this week reaffirmed its outlook seeing sales rising about 4.6% or to $73.63 bil.

Inv. Bus. Daily pB2 "Stocks erase most gains as week's rally stumbles" by Paul Whitfield says stocks kicked away a chance Thurs for a 3rd straight day of solid gains as a rally fizzled.  The current outlook is the market is in a correction.  Home Depot rose for a 4th straight session.

Intel: No mentions found.

IBM: No mentions found.

JPMorgan:  Fin Times p1 "Former Bear Stearns execs offer to pay shareholders $275 mil" by Tom Braithwaite, WSJ pC1 "Bear Stearns accord turns another page" by Liz Moyer, NYT pB5 "Lingering suit settled" by Michael J. de la Merced say JPMorgan will pay $275 mil to a Michigan state retirement fund from a $9 bil fund set aside by JPMorgan due to wrongful conduct of Bear Stearns which JPMorgan acquired in '08.

Johnson & Johnson:

Kraft: No mentions found.

McDonald's:   WSJ pC1 "Idea of a divdnd bubble has some pop" by Spencer Jakab says investors may start to pay more attention to market stalwarts such as AT&T, McDonald's or Procter & Gamble as their appeal goes beyond regular income as academic studies shwo them historically trouncing nonpayers.  

Merck: No mentions found.

Microsoft:  Fin Times p10 ""Console makers seeing double at E3 games show" reviews favorably Microsoft's Xbox SmartGlass to be out in late '12 with its own verison of dual screen interactions.

Pfizer:  WSJ pB3 "Pfizer prepares for public offering of animal health unit" by Peter Loftus, IBD pA2 "Pfizer to spin off vet med unit", AJC pA16 "Animal health business to become a company", Fin Times p14 "Pfizer to spin off animal health business next year" by Alan Rappeport  say Pfizer is spinning off its animal health biz into a company to be called Zoetis.  It will do an IPO to spin off this biz that has 9,000 employees and '11 rev of $4.2 bil.

Procter & Gamble:  WSJ pC1 "Idea of a divdnd bubble has some pop" by Spencer Jakab says investors may start to pay more attention to market stalwarts such as AT&T, McDonald's or Procter & Gamble as their appeal goes beyond regular income as academic studies shwo them historically trouncing nonpayers.  

3M:  No mentions found.

Travelers: No mentions found.

United Technologies:  WSJ pC4 "Blue Chips limp to a win" by Matt Phillips says after springing from the gates, stocks struggled to the finish line Thurs after Fed Res Chair Ben Bernanke declined to commit to a fresh push to support the economy. China's central bank cut interest rates to give the economya  boost which made Untied Technologies stock gain 2.4%.  In late April, it had said that new Chinese orders at its Otis Elevator unit fell.  Boeing which is also positioning itself for China driven growth rose 1.4%.

 Fin Times p22 "Best Buy falls after sudden exit of chairman amid volatile session" by Kandy Wong says a volatile session saw stocks swinging wildly throught the day.  The S&P recorded strong gains to start the day, but investors were sent scrambling after Bernanke gave no signs of add'l monetary stimulur.  Caterpillar gain 0.6% on good news from China's Central Bank as United Technologies was also up 2.4%.

Verizon:     USA Today p1B "Prepaid wireless competition heats" by Roger Yu says Verizon Wireless, AT&T and other wireless carriers are focusing on customers they once ignored: bargain hunters with a fear of commitment.  Verizon launched a prepaid plan in April with unlimited voice and tet and1 gigabyte of data for $80 on its 3G network.  AT&T in April started a new plan that offers 1 GB of data for $25 a month, doubling the data amount offered in previous prepaid plans.

WSJ pB4 "Ergen spies an opening for new wireless network" by Shalini Famachandran says Dish Network is spending billions of dollars to build a cellular broadband network to compete with carriers like Verizon Wireless and AT&T.

Walmart:  USa Today p1B "Scraping by at Walmart" by Hadley Malcolm says there is a loosely knit association of Walmart employees called the Organization United for Respect at Walmart - OUR Walmart, for short that are prodding Walmart for better wages, affordable benefits and reasonably reliable schedules for store employees. 

WSJ pC10 "Best not buy those companies selling a retail turnaround" by Justin Lahart says Montgomery Ward, once one of America's biggest retailers, was slow to adapt to the rise of suburbs that began in the 1950's and will killed off by large discounters like Walmart.

Thursday's Closing Dow Numbers:

SymbolLast SaleChange% ChangeShare VolumeMarket
TNYSE
AANYSE
AXPNYSE
BACNYSE
BANYSE
CATNYSE
CVXNYSE
CSCONASDAQ-GS
KONYSE
DISNYSE
DDNYSE
XOMNYSE
GENYSE
HPQNYSE
HDNYSE
INTCNASDAQ-GS
IBMNYSE
JPMNYSE
JNJNYSE
KFTNYSE
MCDNYSE
MRKNYSE
MSFTNASDAQ-GS
PFENYSE
PGNYSE
MMMNYSE
TRVNYSE
UTXNYSE
VZDualListed
WMTNYSE


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

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 Alex Gorsky (New Brunswick, NJ)

Kraft KFT Irene Rosenfeld (Northfield, Ill.)

McDonald's MCD Jim Skinner to be replaced July 1 by Don Thompson (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 (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)

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

Here are the Dow Jones Industrial Average 30 as of 5/16/12 ranked in order of market capitalization rounded to the nearest 1/2 billion followed by number of shares outstanding rounded to the nearest 1/2 billion:


1. Exxon Mobil XOM $382.5 [4.5]

2. Microsoft MSFT 253.5 [8.5]

3. IBM 229.5 [1]

4. WalMart WMT 202 [3.5]

5. Chevron CVX 200 [2]

6. AT&T T 195.5 [6]

7. GE 195 [10.5]

8.Procter & Gamble PG 174.5 [3]


9. Johnson & Johnson JNJ 174.5 [3]

10. Coke KO 173 [2]

11. Pfizer PFE 167 [7.5]

12. JPMorgan Chase JPM 138 [4]

13. Intel INTC 134 [5]

14. Verizon VZ 116.5 [3]

15. Merck MRK 115 [3]

16. McDonald's MCD 92.5 [1]

17. Cisco CSCO 89 [5.5]

18. Disney DIS 80.5 [2]

19. Bank of America BAC 78.5 [10.5]

20. Home Depot HD 74 [1.5]

21. United Technologies UTX 69.5 [1]

22. Kraft KFT 69 [2]

23. American Express AXP 67 [1]

24. Caterpillar CAT 60.5 [.5]

25. 3M MMM 59.5 [.5]

26. Boeing BA 54.5 [1]

27. DuPont DD 47 [1]

28. Hewlett-Packard HPQ 44 [2]

29. Travelers TRV 25 [.5]

30. Alcoa AA 9 [1]


Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 5/16/12:



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



AT&T T: 5/4/12 10Q for Qtr ended 3/31

5/2/12 8K re: Results of Annual Stockholders Meeting

4/24/12 2 8Ks re: 1 Qtr results

3/12/12 Proxy Materials re: Annual Meeting of Stockholders to be held on 4/27/12 at 9 a.m. at Grand American Hotel, Salt lake City, Utah

Alcoa AA: 5/10/12 8K re: Results of Annual Shareholders Meeting

5/8/12 8K re: Sustainability Highlights Report

4/16/12 8K re: 1Q Earnings call transcript

4/11/12 8K re: 1Q results

3/12/12 & 3/1/12 Proxy re: Annual Meeting of Shareholders 5/4/12 9:30 am, Fairmont Hotel, Pittsburgh, PA


American Express AXP: 5/15/12 8K re: delinquency & write-off stats thru 4/30

5/3/12 8K re: Annual Meeting of Shareholders results

5/1/12 10Q for Qtr ended 3/31

4/18/12 8K re: 1 Qtr results

4/16/12 8K re: delinq. & write-off stats thru 3/31

3/26/12 8K re: dividend of 20 cents a share payable 5/10 to holders at 4/5 & stock buyback plan of up to 150 mil shares

3/20 & 3/2/12 Proxy re: Annual Meeting of Shareholders 4/30/12 9 am American Express HQ, NYC

3/15/12 8K re: delinq. & write-off stats thru 2/29

3/13/12 8K re: Comprehensive Capital Plan




Bank of Am BAC: 5/9/12 8K re: results of Annual Shareholders meeting

5/4/12 8K re: change of presentation of fin'l info

5/3/12 10Q for Qtr ended 3/31

4/23/12 Proxy material for 5/9 Annual Meeting

4/19/12 8K 1Q results

4/11/12 8K re: reclassification of business segments

3/16/12 8K re: sale of preferred stock




Boeing BA: 5/3/12 8K re: amendment to bylaws reducing number of directors from 12 to 11

4/25/12 10Q for quarter ended 3/31

4/25/12 8K re: 1 Qtr results

3/16/12 Proxy materials re: Annual Meeting of Shareholders 4/30/12 10 am Field Museum, Chicago




Caterpillar CAT: 5/7/12 10Q for 1 Qtr ended 3/31

4/25 8K re: 3/12 dealer stats

4/25/12 8K re: 1 Qtr results

4/23/12 Proxy re: 6/13/12 Annual Stockholders Meeting at San Antonio, Tx

4/12/12 8K re: election of fromer Utah Gov. and Ambassador Jon Huntsman to Board of Dirs.

4/11/12 Proxy materials re: Annual Meeting of Stockholders on 6/13/12 at 8 am, Marriott Riverwalk, San Antonio, Texas

3/20/12 8K re: dealer stats thru 2/12




Chevron CVX: 5/3/12 10Q for quarter ended 3/31

5/3/12 Proxy material re: voting recommendations

4/27/12 8K re: 1 Qtr results

4/12/12 & 3/29/12 Proxy material re: Annual Meeting og stockholders on 4/4/12 9:30 am HQ, San Ramon, CA

4/10/12 8K re: 1Q update

3/29/12 8K & Proxy materials re: amendment of bylaws re: litigation in Delaware courts, raise of CEO and other execs' salaries and election of Charles "Wick" Moorman to Board of Dirs.



Cisco CSCO : 5/9/12 8K re: 3 Qtr results

3/27/12 8K re: execs' pre-arranged stock trading plans

3/15/12 8K re: acquisition of NDS Group Ltd, a provider of video software for $5 bil




Coke KO: 5/15/12 Proxy re: special meeting of stockholders to approve stock split to be held at Atlanta on 7/10/12 to get invited email: shareownerservices@na.ko.com by 5/21

3/14/12 8K re: closing of sale of over $1 bil of notes

3/8/12 Proxy materials re Annual meeting of shareowners 4/15/12 9:30 am Cobb Galeria, Atlanta




Disney DIS: 5/8/12 10Q for quarter ended 3/31

5/8/12 8K re: 1 Qtr results

3/16/12 8K re: amendment to 2011 Stock Incentive Plan




DuPont DD: 5/1/12 8K re: Annual meeting of stockholders results

4/24/12 10Q re: quarter ended 3/31

4/19/12 8K re: 1 Qtr results

4/17/12 Proxy re: voting recommendations

4/3/12 & 3/16/12 Proxy material re: Annual meeting of stockholders 4/25/12 10:30 am HQ Wilmington, Del

3/15/12 8K re: retirement of William K. Reilly from Board of Dirs.




ExxonMobil XOM: 5/11/12 proxy re: voting recommendations

5/3/12 10Q ended 3/31

4/26/12 8K re: 1 Qtr results

4/12/12 Proxy materials re: Annual meeting of shareholders 5/30/12 9 am Meyerson Center, Dallas

3/28/12 8K re: Fin'l Operations review info on website

3/14/12 8K re: transcript of 3/8 analysts meeting




GE: 5/16/12 8K re: dividend of $475 mil & increase of stock buyback program

5/9/12 10Q/A & 5/4/12 10Q for Qtr ended 3/31

4/30/12 8K amending emmployee incentive plan

4/20/12 8K re: 1 Qtr results


4/9/12 & 3/9/12 Proxy material re: Annual meeting of shareholders on 4/25/12 10 am Detroit Marriott

4/6/12 8K re: downgrade of GE senior unsecured debt rating by Moodys from Aa2 to aa3 and other downgrade

3/16/12 8K re: GE Capital segment fin'l info as of 12/31/11




Hewlett-Packard HPQ: 3/23/12 8K re: exec changes and amendment to bylaws decreasing Board of Dirs from 14 to 11

3/12/12 10Q for Qtr ended 1/31/12

3/12/12 8K re: underwriting of $2 bil of Global Notes




Home Depot HD: 5/15/12 8K re: 1 Qtr results

4/2/12 Proxy material and 10K for year ended 1/29/12 and material re: Annual meeting of shareholders on 5/17 at 9 am at Cobb Galeria, Atlanta



Intel INTC: 5/11/12 8K re: Reg FD disclosure of webcast

5/7/12 8K re: 90 cents a share dividend

5/4/12 10Q for quarter ended 3/31

4/18/12 & 4/17/12 8Ks re: 1 Qtr results

4/4/12 Proxy material re: annual stockhodles meeting 5/17/12 8:30 am HQ, Santa Clara, CA

2/28/12 8K re: expansion of JV with Micron Tech for flash memory




IBM: 5/10/12 8K re: underwriting of notes

5/9/12 8K re: investor briefing materials

4/26/12 8K re: Annual stockholders meeting results

4/24/12 10Q re: Qtr ended 3/31

4/18/12 8K re: sale of IBM's Retail Store Solutions Business to Toshiba TEC

4/18/12 & 4/17/12 8Ks re: 1 Qtr results

3/22/12 & 3/12/12 Proxy material re: Annual meeting of stockholders on 4/24/12 10 am Charleston Convention Center, S.C.





JPMorganChase JPM: 5/15/12 8K re: retirement of Chief Inv. Office Ina Drew succeeded by Matthew E. Zames

5/10/12 10Q re: qtr ende 3/31

4/13/12 2 8Ks re: fin'l info on website & 1Q results

4/4/12 Proxy material re: annual meeting of shareholders 5/15/12 at JPM campus in Tampa, Fl

4/4/12 8K re: annual report on website

3/29/12 8K re: Reg. statement re: Global Med. Term Notes'

3/27/12 8K re: changes to Board of Dirs: election of Tim Flynn and retirement of William Gray & David Novak

3/14/12 8K re: dividend of 30 cents payable 4/30 to record holders as of 4/5 and $15 bil share buyback program

3/1/12 8K re: 2/28/12 Investor Day Presentation




Johnson & Johnson JNJ : 5/8/12 8K re: sale of DePuy Orthopaedics to Biomet

5/7/12 10Q re: qtr ended 4/1

4/27/12 8K re: results of annual meeting of stockholders

4/20/12 add'l proxy material
4/19/12 8K re: amendment to bylaws splitting the offices of Chairman & CEO

4/17/12 8K re: 1 Qtr results

4/9/12 8K re: resignation of Vice Chair of Board, Sheri S. McCoy to join Avon as CEO

4/3/12 & 3/14/12 Proxy material re: Annual meeting of Shareholders on 4/26/12 10 am Grand Hyatt New Brunswick, NJ

3/28/12 8K re: new format for sales results





Kraft KFT: 5/14/12 proxy material re Annual meeting

5/4/12 10Q for qtr ended 3/31

5/3/12 8K re: 1 Qtr results

4/2/12 & 3/23/12 Proxy material re: Annual meeting of shareholders on 5/23/12 at North Shore Performing Arts Center in Skokie, Ill.

3/20/12 8K re: $2.1 bil of costs and expenses re: spin-off of N. Amer. grocery business

3/15/12 8K re: nominations of Terry Lundgren & Jorge Mesquita to Board of Dirs.

3/14/12 8K re: revolving credit agreement




McDonald's MCD: 5/8/12 8K re: April sales

5/8/12 10Q for quarter ended 3/31

4/20/12 8K re: 1 Qtr results

4/16/12 8K re: election of Tim Fenton as COO

4/13/12 & 3/7/12 Proxy materials re: annual meeting of shareholders on 5/24/12 at HQ at Oak Brook, Ill.

3/26/12 8K re: retirement of James Skinner as CEO effective 6/30/12 and his replacement as CEO of Donald Thompson

3/8/12 8K re: Feb. '12 sales results

3/7/12 Prelim Proxy re: Annual Meeting of Shareholders 5/24/12 at McDonald's HQ Oak Brook, Ill.




Merck MRK: 4/27/12 10Q re Qr ended 3/31

4/27/12 8K re: 1 Qtr results

4/12/12 Proxy materials re: annual meeting of Shareholders on 5/22/12 8:30 am at Bridgewater Marriott in NJ

3/30/12 8K re: Retirement from Board of Dirs of Steven Goldstone & Harry Jacobson




Microsoft MSFT: 5/3/12 8K re: election of Steve Luczo to Board, he is CEO of Seagate Tech

4/19/12 10Q for qtr ended 3/31

4/19/12 8K re 1 Qtr results



Pfizer PFE: 5/10/12 10Q for quarter ended 4/1

5/1/12 8K re: 1 qtr results

4/27/12 8K re: results of annual meeting of shareholders

4/23/12 8K re: ale of Nutrition business to Nestle for $11.85 bil

44/16/12 add't'l proxy material

3/15/12 Proxy materials re: Annual meeting of shareholders 4/26/12 8:30 am Westin Governor Morris, Morristown, NJ




Procter & Gamble PG: 5/4/12 8K e: resentation of info re: Snack Business as a discontinued operation

4/27/12 10Q for qtr ended 3/31

4/27/12 2 8Ks re: 3 qtr results

4/13/12 8K re: dividend of 0.562 cents payable 5/15/12 to record holders at 4/27




3M MMM: 5/10/12 & 5/412 8Ks re: adoption of exec pre-arranged stock trading plans

5/9/12 2 8Ks re: approval of amendments to employee stock purchase plan

5/3/12 10Q for quarter ended 3/31

4/24/12 8K re: 1 qtr results

4/17/12 8K re: duties of Lead Inependent Director


3/21/12 Proxy materials re: annual meeting of stockhodlers 5/8/12 10 am River Centre, St. Paul, Minn




Travelers TRV: 4/19/12 10Q for quarter ended 3/31

4/19/12 8K re: results of quarter ended 3/31

4/10/12 Proxy materials re: Annual meeting of shareholders on 5/23/12 11 am Hartford, Marriott


United Technologies UTX: 4/30/12 10Q for quarter ended 3/31

4/24/12 8K re: 1 qtr results

4/13/12 8K re: retriement of charles Lee from Board of Dirs.

3/22/12 & 2/24/12 Proxy materials re: 4/11/12 Annual Meeting of Shareholders Riviera Theatre Charleston, SC

3/15/12 8K re: structure for proposed Goodrich acquisition




Verizon Communications Inc. VZ: 5/9/12 8K re: results of annual shareholders meeting

4/26/12 10Q for quarter ended 3/31

4/19/12 8K re: 1 qtr results

4/2/12 & 3/19/12 Proxy material re: Annual meeting of shareholders on 5/3/12 at 10:30 at Von Braun Center, Huntsville, Al.




WalMart WMT: 4/16/12 proxy material re: Annual Meeting of Shareholders to be held 6/1 at 7 am at U. of Arkansas in Fayetteville, Ark.

3/27/12 10K for year ended 1/31/12 END

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