Monday, August 27, 2012

8/27/12 Mon. pm Dow Closes at 13,124.67 down 33.3 or 0.25%

http://www.dowjonesmonitor.com/

Post No. 1,784 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 recent Dow 30 components' SEC filings in both cases as of 8/17/12.

 The Dow Jones Industrial Average closed Monday at 13,124.67 down 33.3 or 0.25% from Friday's close of 13,157.97.  Of the 30 Dow components 9 gained and 21 declined.  The biggest gainer dollar-wise was McDonald's up 62 cents and percentage wise was Cisco up 0.83%.  The biggest decliner dollar-wise was IBM down $2.08 and percentage-wise was Hewlett-Packard down 2.1%.


As of the open of the market on Monday the current divisor for the Dow Jones Industrial Average found at page C4 of Monday's Wall St. Journal is 0.12914682. Monday's trailing P/E ratio is 14.60 up from Friday's trailing P/E ratio of 14.49 (year ago it was 12.59); Monday's P/E estimate is 12.52 down from Friday's P/E estimate of 12.64 (year ago it was 11.23) and Monday's dividend yield is 2.59 down from Friday's dividend yield of 2.61 (last year it was 2.71). The Dow's all-time high was 14,164.53 on Oct. 9, 2007. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Monday's Dow Jones Industrial Average closing numerator was 1,695 down 4.30 from Friday's closing numerator of 1,699.30. 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 (0.12914682) you get the decrease in today's Dow .Each dollar increase in the Dow increases the Dow Jones Industrial Averageby 7.74.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was $56.50 down 14 cents from Friday's average closing price of $56.64. The median closing price of Monday's Dow Jones Industrial Average was $53.31 (HD/DD) down 30 cents from Thursday's median closing price of $53.61 (HD/DD). The lowest volume was Travelers and the highest volume again was Bank of America.

If Monday 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 $430 ($169,930 $169,500).

MarketWatch.com Mon. 4:10 says Blue-chip stocks closed lower Monday, ahead of Federal Reserve Chairman Ben Bernanke’s speech at a Fed retreat later this week, while gains in shares of Apple Inc. helped lift the Nasdaq Composite. The Dow industrials closed down 33 points, or 0.3%, at 13,124.67. The Nasdaq Composite rose 3.4 points, or 0.1%, to 3,073.19, with shares of Apple up 1.9%. The S&P 500 slipped 0.7 point to 1,410.44. “Looks like a confused market, as bond prices rise signaling fear, but small-cap stocks continue their outperformance signaling the opposite,” said Michael Gayed, chief investment strategist at Pension Partners LLC. “The world waits for SuperBen and the League of Extraordinary Bankers to put on their suits Friday morning.”

Monday'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
KFTNASDAQ-GS
MCDNYSE
MRKNYSE
MSFTNASDAQ-GS
PFENYSE
PGNYSE
MMMNYSE
TRVNYSE
UTXNYSE
VZDualListed
WMTNYSE

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The following are excerpts from Monday morning's Blog.

A read of the print editions of Monday's Barron's, Investor's Business Daily, Wall St. Journal,   Financial Times, New York Times, USA Today,   Atlanta Journal Constitution  & Daily Report (Ga. - carries Bloomberg) yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by a separate table of Dow component's symbol and Friday's stock prices and related data in alphabetical order.

Dow Jones Average:  The Dow Jones Industrial Average closed Friday at 13,157.97 up 100.51 or 0.77% from Thursday's close of 13,057.46. For the week the Dow is down 117.23 or 0.88% from last Friday's close of 13,275.2. For the year the Dow is up 7.70%. Of the 30 Dow components 23 gained, Bank of America was unchanged and 6 declined. The biggest gainer dollar-wise was IBM up $1.76 and percentage-wise was Verizon up 2.18%. The biggest decliner dollar-wise was Caterpillar down 34 cents and percentage-wise was 0.48%.

Inv. Bus. Daily pB6 "Stocks stay in calm mode, keep weekly losses small" by paul Whitfield says stocks completed the week on a calm note Fri as the indexes tacked on modest gains.  IBM rose 2%.

Sat. WSJ pB4 "Dow snaps its losing streak" by Chris Dieterich says the Dow banked its frist triple digit gain in 3 weeks on hopes that the Fed stands ready to bolster growth.  Telecomm,s healthcare & consumer discretionary stocks were the S&P's best performers.  Verizon led the Dow up 92 cents.  Kraft was up 59 cents.



Friday's Dow Jones Industrial Average closing numerator was 1,699.30 up 12.98 from Thursday's closing numerator of 1,686.32. 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 (0.12914682) you get the increase in today's Dow .Each dollar increase in the Dow increases the Dow Jones Industrial Averageby 7.74.

The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was $56.64 up $3.24 cents from Thursday's average closing price of $53.40. The median closing price of Friday's Dow Jones Industrial Average was $53.61 (HD/DD) up 21 cents from Thursday's median closing price of $53.40 (HD/DD). 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 $1,298 ($169,930 - $168,632).

MarketWatch.com Fri. 3:56 pm by Kate Gibson says US stocks tallied strong gains Friday, with the Dow industrials bouncing back following a four-session slide, after Federal Reserve Chairman Ben Bernanke said the U.S. central bank has more tools, if needed, to stimulate the economy.
The end-of-week push higher “doesn’t represent much that you can sink your teeth into,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott.
“Volume is light and most people are probably headed to the Hamptons,” said Luschini, adding that Wall Street will “come back and see what Europe has to say” after the Labor Day holiday on Sept. 3.
The final week of summer trading has Bernanke scheduled to speak at an annual gathering in Jackson Hole, Wyo., next Friday, with the Fed chairman followed by European Central Bank President Mario Draghi the following day.                                
“Best case, Bernanke will say, ‘Here’s our tools, but we don’t need to use them, and by the way, Congress better get its act together’,” said Art Hogan, strategist at Lazard Capital Markets, of the Fed chairman’s repeated calls on lawmakers to move on fiscal policy.
In position for its first weekly decline in seven, the Dow Jones Industrial Average rose as much as 104 points and was lately ahead by 93.93 points, or 0.7%, at 13,151.39, in position for a 0.7% weekly loss.
Off 0.6% from the week-ago close, the S&P 500 SPX+0.65% gained 8.70 points, or 0.6%, to 1,410.78, with telecom the best performing and the natural-resource sector the sole laggard of its 10 industry groups.
The Nasdaq Composite COMP+0.54% rose 17.15 points, or 0.6%, to 3,070.55, a level that leaves it 0.2% lower on the week.
For every five stocks declining eight rose on the New York Stock Exchange, where 351 million shares traded as of 3:40 p.m. Eastern. Composite volume topped 2.1 billion.                            

Treasury prices mostly fell, with the yield on the 10-year note /10_YEAR+0.42% at 1.681%. The dollar DXY+0.33% gained against other global currencies, including the euro EURUSD-0.4537%.

Gold futures GCZ2-0.07% added 10 cents to finish at a more than four-month high of $1,672.90 an ounce. OilCLV2-0.34% fell 0.1% to $96.15 a barrel.
On Friday, the government reported orders for U.S. durable goods rose 4.2% in July on increased demand for airplanes and automobiles, but bookings softened in other sectors.
“The U.S. is taxiing forward slowly. The numbers this morning were good, particularly capital-goods shipments outside the defense sector,” said David Kelly, chief market strategist at J.P. Morgan Funds.
In a letter released Friday, Bernanke said the Fed has the means to take further steps to bolster the economy.

Is a correction looming?

Worries about slowing global growth and that the Fed has run out of bullets to jump-start the economy have been the main culprits for the Dow’s recent decline.
“There is scope for further action by the Federal Reserve to ease financial conditions and strengthen the recovery,” Bernanke wrote in a letter dated Wednesday to Rep. Darrell Issa (R., Calif.), chairman of the House Oversight and Government Reform Committee.
German Chancellor Angela Merkel and Greek Prime Minister Antonis Samaras held talks, with both reportedly saying they want Greece to remain in the euro zone, and Merkel saying Germany expects Greece “to stick to its commitments.” .
“They’ll give him time, but not more money, which is what he really needs,” said Kelly of Samaras’ request for more time to reach fiscal goals.
The European Central Bank is considering a plan to set band targets for yields in the euro zone under a new bond-buying program, Reuters reported Friday, citing unidentified central bank officials.

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

AT&T:  WSJ pB1 "Apple victory shifts power balance" b y Jessica Vascellaro says wireless carriers are concerned if their networks could be threatened if devices are taken off the market.  Verizon relied heavily on Android when AT&T had the iPhone exclusive.  Now AT&T sells Nokia smartphones that use Microsoft software.  A side bar names top patent verdicts and includes a '07 verdict vs. Microsoft for $1.5 bil and an '11 one vs. Johnson & Johnson for $593 mil.

Alcoa: No mentions found.

American Express: No mentions found.

Bank of America:  WSJ pA1 "Suits mount in rate scandal" by Jean Eaglesham says banks being probed for interest rate manipulation face tens of billions of dollars of claims .  Bank of America, Citigroup, JPMorgan are among the banks under investigation.

Boeing: No mentions found.

Caterpillar: No mentions found.

Chevron: No mentions found.

Cisco: No mentions found.

Coke: No mentions found.

Disney:  WSJ pB5 "Viacom loads more ads on channels" by Suzanne Vranica says Disney's EsPN palys 9 minutes and 27 seconds of commercials per hour.

DuPont: No mentions found.

Exxon: No mentions found.

GE: No mentions found.

Hewlett-Packard:  NYT pB4 "As stock sputters, ahrd choices ahead for HP" by Quentin Hardy says CEO meg Whitman is under pressure to do something radical which could mean layoffs, write-downs or selling off a unit.

Barron's pM3 "The trader" by Vito J. Racanelli says the Dow's drop last week was mainly due to Hewlett-Packard which fell 10% to $17.58 as on Thurs it reported a 5% drop in 3Q rev to $29.7 bil, below expectations and had a loss of $4.49 per share and lowered guidance for fiscal '12 earnings.

Barron's p34 "Bruised HP now faces PC price war" by Dmitra DeFotis says for Hewlett-Packard things are going from bad to worse. An increasingly bleak outlook for PC sales suggests the decline isn't done.

Home Depot: No mentions found.

Intel: No mentions found.

IBM:  Inv. Bus. Daily pB6 "Stocks stay in calm mode, keep weekly losses small" by paul Whitfield says stocks completed the week on a calm note Fri as the indexes tacked on modest gains.  IBM rose 2%.

JPMorgan:   WSJ pA1 "Suits mount in rate scandal" by Jean Eaglesham says banks being probed for interest rate manipulation face tens of billions of dollars of claims .  Bank of America, Citigroup, JPMorgan are among the banks under investigation.

Johnson & Johnson:   WSJ pB1 "Apple victory shifts power balance" b y Jessica Vascellaro says wireless carriers are concerned if their networks could be threatened if devices are taken off the market.  Verizon relied heavily on Android when AT&T had the iPhone exclusive.  Now AT&T sells Nokia smartphones that use Microsoft software.  A side bar names top patent verdicts and includes a '07 verdict vs. Microsoft for $1.5 bil and an '11 one vs. Johnson & Johnson for $593 mil.

Kraft: No mentions found.

McDonald's: No mentions found.

Merck:No mentions found.

Microsoft:  Barron's p14 "Week review" says Apple's market valuation surged past $623 bil, surpassing that of Microsoft's during its heyday.

NYT pB1 "Apple case muddies the futrue of innovations" by Nick Wingfield,    WSJ pC8 "After legal victory, Apple patently rules in mobile devices" by Rolfe Winkler, WSJ pB1 "Apple victory shifts power balance" by Jessica Vascellaro say wireless carriers are concerned if their networks could be threatened if devices are taken off the market.  Verizon relied heavily on Android when AT&T had the iPhone exclusive.  Now AT&T sells Nokia smartphones that use Microsoft software.  A side bar names top patent verdicts and includes a '07 verdict vs. Microsoft for $1.5 bil and an '11 one vs. Johnson & Johnson for $593 mil.

Pfizer: No mentions found.

Procter & Gamble: No mentions found.

3M: No mentions found.

Travelers: No mentions found.

United Technologies: No mentions found.

Verizon:    WSJ pB1 "Apple victory shifts power balance" b y Jessica Vascellaro says wireless carriers are concerned if their networks could be threatened if devices are taken off the market.  Verizon relied heavily on Android when AT&T had the iPhone exclusive.  Now AT&T sells Nokia smartphones that use Microsoft software.  A side bar names top patent verdicts and includes a '07 verdict vs. Microsoft for $1.5 bil and an '11 one vs. Johnson & Johnson for $593 mil.

Walmart:     Inv. Bus. Daily pA16 "Walmart effect htis health care" is an editorial that wonders if Walmart which has helped slash US inflation could do the same for soaring health care costs as it will soon offer vaccinations for a wide variety of ailments.

Friday'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
KFTNASDAQ-GS
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 Donald 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 8/17/12 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 $408 [4.5]
2. Microsoft MSFT 259.5 [8.5]
3.WalMart WMT 245 [3.5]
4. IBM 230 [1]
5. GE 222 [10.5]
6. Chevron CVX 221 [2]
7. AT&T T 214.5 [6]
8. Johnson & Johnson JNJ 187 [3]
9. Procter & Gamble PG 184.5 [3]
10. Coke KO 178.5 [4.5]
11. Pfizer PFE 177.5 [7.5]
12. JPMorgan Chase JPM 140.5 [4]
13. Intel INTC 132.5 [5]
14. Merck MRK 132 [3]
15. Verizon VZ 125.5 [3]
16. Cisco CSCO 102 [5.5]
17. Disney DIS 90.5 [2]
18. McDonald's MCD 88 [1]
19. Home Depot HD 87 [1.5]
20. Bank of America BAC 86 [10.5]
21. United Technologies UTX 73.5 [1]
22. Kraft KFT 72 [2]23. American Express AXP 65.5 [1]
24. 3M MMM 65 [.5]
25. Caterpillar CAT 59 [.5]
26. Boeing BA 55.5 [1]27. DuPont DD 47 [1]
28. Hewlett-Packard HPQ 38.5 [2]
29. Travelers TRV 25 [.5]
30. Alcoa AA 9.5 [1]

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

Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 8/17/12:

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

AT&T T: 6/29/12 8K re: election of Scott F. Ford as Director
6/14/12 8K re: sale of approx. $2 bil of notes
6/7/12 8K re completion of sale of AT&T Advertising Solutions to Cerebrus
5/4/12 10Q for Qtr ended 3/31
5/2/12 8K re: Results of Annual Stockholders Meeting

Alcoa AA: 7/26/12 10Q for quarter ended 6/30/12
7/13/12 8K re: Transcript of 2Q earnings call
7/10/12 8K re: 2Q results
5/10/12 8K re: Results of Annual Shareholders Meeting
5/8/12 8K re: Sustainability Highlights Report


American Express AXP: 8/15/12 8K re: dlinq. & write0off stats for months of May, June, and July
8/8/12 8K re: presentation from semi-annual Fin'l Community Meeting
8/2/12 10Q for quarter ended 6/30/12
7/20/12 8K re: election of David L. Vasella (Chairman of Bd. of Novartis) as Director
7/18/12 8K re: 2Q results
7/16/12 8K re: credt stats through 6/30/12
6/15/12 8K re: delinq. & write-off stats 3/31, 4/30 & 5/31/12
6/13/12 8K re: fin'l presentation of Vice-Chair Edward Gilligan
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


Bank of Am BAC: 8/10/12 8K re: retirement of Vice Chiar Charles H. Noski as of 9/1
8/2/12 10Q for quarter ended 6/30/12
7/18/12 8K re: 2Q results
5/25/12 8K re: repurchase of notes
5/9/12 8K re: results of Annual Shareholders meeting
5/4/12 8K re: change of presentation of fin'l info




Boeing BA: 7/25/12 10Q and 8K re: 2nd quarter results ended 6/30/12
6/26/12 8K re: selection of Raymond L. Conner to replace Jim Albaugh as Pres/CEO of Boeing Comm'l Airplanes
5/3/12 8K re: amendment to bylaws reducing number of directors from 12 to 114/25/12 10Q for quarter ended 3/31



Caterpillar CAT: 8/17/12 8K re: 3 mos. dealer stats
8/10/12 8K re: debenture exchange
8/6/12 10Q re: quarter ended 6/30/12
7/27 8K re: debenture exchange
7/24/12 8K re: 3 mos. dealer states
6/26/12 8K re: safety problems at Wyoming mine
6/25/12 8K re: underwriting agreement re: issuance of $1.5 bil of debt
6/20/12 8K re: 3 month dealer stats thru 5/12
6/18/12 8K re: amended by-laws re: date of annual stockholders meeting
6/14/12 8K re: election of Jon M. Huntsman, Jr. to Bd. of Dirs.
6/13/12 8K re: increase of quarterly div to 52 cents payable 8/20 to 7/20 record holders


Chevron CVX: 8/2/12 10Q & 7/27/12 8K re: 2 Qtr. results ended 6/30/12
7/11/12 8K re: guidance for 2Q
6/4/12 8K re: voting results from annual stockholders meeting
5/27/12 proxy re: recommendation to vote against all stockholder proposals
5/3/12 10Q for quarter ended 3/31
5/3/12 Proxy material re: voting recommendations


Cisco CSCO : 8/15/12 8K re: 4Q and FY '12 earnings
8/2/12 8K re: appointment to Bd. of CEO of salesforce.com Marc Benioff and Kristina M. Johnson, CEO of enduring Hydro, LLC
6/27/12 8K re; execs' pre-arranged stock trading plan
6/13/12 8K re: director's pre-arranged stock trading plan


Coke KO: 7/1 8K re: new operating structure
7/27/12 8K re: Amendment to Articles of Incorp. to increase auth. shares & 2 for 1 stock split
'7/26/12 10Q for quarter ended 6/29/12
7/17/12 8K re; 2Q results
7/10/12 8K re: approval of shareholders for stock split
5/25/12 Proxy material re: 7/10 Special stockholders meeting
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



Disney DIS: 8/7/12 10Q & 8/7/12 8K results for 3rd quarter ended 6/30/12

6/11/12 8K re: $2.25 bil 5 year credit agreement


DuPont DD: 7/24/12 8K and 7/24/12 10Q for quarter ended 6/30/12
5/1/12 8K re: Annual meeting of stockholders results

ExxonMobil XOM: 8/2/12 10Q & 7/26/12 8K re: 2Q results ended 6/30/12
6/1/12 8K re: voting results from annual shareholders meeting
5/16/12 proxy re: exec compensation
5/11/12 proxy re: voting recommendations
5/3/12 10Q ended 3/31


GE: 7/30/12 10Q re: quarter ended 6/30/12
7/30/12 8K re: election of John J. Brennan to Bd., he is Chairman Emeritus of Vanguard
7/23/12 8K re: resignation of John Krenicki as Vice Chair & exec officer at year end
7/20/12 8K re: 2Q results
6/12/12 8K re: election of Manjin Dekkers to Board of Dirs.
5/23/12 10Q/A amend 10Q for quarter ended 3/31/12
5/16/12 8K re: dividend of $475 mil from GECC to GE & increase of stock buyback program
5/9/12 10Q/A & 5/4/12 10Q for Qtr ended 3/31


Hewlett-Packard HPQ: 8/8/12 8K re: write-down due to impairment of goodwill
6/8/12 10Q re: quarter ended 4/30/12
5/23/12 8K re: 2nd Qtr results


Home Depot HD: 8/14/12 8K re: quarter ended 7/29
8/7/12 8K re: purchase of U.S. Home systems and related Proxy statement
5/24/12 10Q for quarter ended 4/29/12
5/22/12 8K re: voting results of 5/17 annual shareholders meeting
5/15/12 8K re: 1 Qtr results


Intel INTC: 8/1/12 10Q for quarter ended 6/30/12
7/18/12 2 8Ks re: 2Q results
7/9/12 8K re; purchase of 10% of ASML for $2.1 bil
5/22/12 8K re: voting results of annual stockholders meeting
5/11/12 8K re: Reg FD disclosure of webcast
5/7/12 8K re: 90 cents a share dividend




IBM: 8/1/12 8K re: closing of sale of IBM's Retail Store Solutions biz to Toshiba Tec
7/31/12 10Q for period ended 6/30/12
7/27/12 8K re: underwriting agreement for 1.875% notes due '22
7/19/12 & 7/18/12 8Ks re: 2Q results
5/10/12 8K re: underwriting of notes
5/9/12 8K re: investor briefing materials



JPMorganChase JPM: 8/9/12 10Q for period ended 6/30/12
7/27/12 8K re: exec changes
7/13/12 8K re: 2Q results
7/13/12 8K re: restatement of 1Q results
6/13/12 8K re: CEO Jamie Dimon's testimony before US Senate Comm on Banking
6/12/12 8K re: redemption of $9 bil in Trust Preferred Capital Securities
5/18/12 8K re: Annual Meeting of Shareholders' results
5/15/12 8K re: retirement of Chief Inv. Office Ina Drew succeeded by Matthew E. Zames



Johnson & Johnson JNJ : 8/16/12 8K re: discontinuance of bapineuzumbab trials
8/2/12 10Q for quarter ended 7/1/12
7/20/12 8K re: settlement of shareholder deriv case in US Dist CT NJ
7/17/12 8K re: 2Q results
6/14/12 8K re: completion of Synthes purchase for $19.7 cash/stock
6/12/12 8K re: repurchase of shares from Goldman Sachs & JPMorgan
6/8/12 8K re: special charge of $600 mil related to legal charges related to Risperdal, Invega & Naterecor
5/8/12 8K re: sale of DePuy Orthopaedics to Biomet
5/7/12 10Q re: qtr ended 4/1




Kraft KFT: 8/17/12 8K & 8/14 8K & 8/2/12 8K re: spin-off
8/3/12 10Q & 8/2/12 8K re: results of second quarter ended 6/30/12
7/18/12 & 7/17/12 & 7/2/12 8Ks re: successful exchange of notes
6/18/12 8K re: Exchange Offer
6/8/12 8K re: on 6/26 KFT to trade on NASDAQ not NYSE
5/31/12 8K re: issuance of $6 bil of notes
5/24/12 8K re: amendment of bylaws to do away with share certificates as of 6/15
5/22/12 8K re: 5 year revolving credit contract
5/18/12 8K re: favorable IRS ruling on tax-free nature of spin-off
5/14/12 proxy material re Annual meeting


McDonald's MCD: 8/9/12 8K re: July '12 sales
8/6/12 10Q for quarter ended 6/30/12
7/23/12 8K re; 2Q results
7/20/12 8K re: various amendments to By-laws
6/18/12 8K re: stocks options to Donald Thompson CEO as of 7/1
6/11/12 8K re: May '12 sales
5/29/12 8K re: issuance of approx. $1 bil of notes
5/29/12 8K re: approval of officers' stock plan



Merck MRK: 8/7/12 10Q & 7/27/12 8K re: results of second quarter ended 6/30/12
5/25/12 8K re: voting results of 5/22 Annual meeting of shareholders


Microsoft MSFT: 7/26/12 10K for year ended 6/30/12
7/19/12 8K re: 4Q & full year results
7/2/12 8K re: write-down to Online Services Div
6/18/12 8K re: Amendment to By-laws re: timing of Annual Meeting of Shareholders
5/3/12 8K re: election of Steve Luczo to Board, he is CEO of Seagate Tech

Pfizer PFE: 8/14/12 8K re: purchase of marketing rights to OTC Nexium from AstraZeneca
8/9/12 10Q & 7/31/12 8K re: results of 2 Qtr ended 7/1/12
5/23/12 8K re: exec promotions
5/10/12 10Q for quarter ended 4/1
5/1/12 8K re: 1 qtr results



Procter & Gamble PG: 8/16/12 Form 8-A & 8/16 & 8/14/12 8Ks re sales of notes
8/8/12 10K and 8/3/12 2 8Ks all re: fourth quarter results for year ended 6/30/12
7/18/12 8K re: Board proclaims support for CEO Bob McDonald
7/10/12 8K re: quarterly dividend of 0.562 cents per share
6/20/12 8K re: Deutsche Bank Conference Reg. FD disclosures


3M MMM: 8/2/12 & 7/26/12 8K re: 2nd quarter results for quarter ended 6/30/12
7/26/12 8K re: sale of notes
6/26/12 8K re: issuance of $1.25 bil of notes
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


Travelers TRV: 7/19/12 10Q & 7/19/12 8K re: results of quarter ender 6/30/12
5/25/12 8K re: voting results of 5/23 Annual Meeting of Shareholders


United Technologies UTX: 7/31/12 8K re: purchase of Silver II for $3.46 bil
7/26/12 10Q & 7/26/12 8K re: results of 2nd qtr ended 6/30/12 & closing of Goodrich purchase and board and exec changer
6/18/12 8K re: issuance of equity unites
6/1/12 8K re: issuance of $9.8 bil of notes
4/30/12 10Q for quarter ended 3/31
4/24/12 8K re: 1 qtr results
4/13/12 8K re: retirement of Charles Lee from Board of Dirs.


Verizon Communications Inc. VZ: 7/30/12 10Q for quarter ended 6/30/12
7/19/12 Form S-3 re: registration of 29,750,000 shares
7/19/12 & 7/18/12 8Ks re: 2Q results
5/9/12 8K re: results of annual shareholders meeting


WalMart WMT: 8/16/12 8K re: 2 Qtr results
7/30/12 8K re: election to Board of Tim Flynn, former Chairman of KPMG
6/4/12 8K re: voting results of Annual Meeting of Shareholders
6/1/12 10Q for quarter ended 4/30/12
5/17/12 8K re: operating results & guidance
. END

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