Tuesday, September 18, 2012

9/18/12 Tues. pm Dow Closes at 13,564.64 up 11.54 or 0.09%

http://www.dowjonesmonitor.com/

Post No. 1,819 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 Tuesday at 13,564.64 up 11.54 or 0.09% from Monday's close of 13,553.1.  Of the Dow components 13 gained (not including United Health which was up)   and 17 declined. The biggest gainer dollar-wise was  Caterpillar up $1.08 and percentage-wise was Kraft up 1.83 %. The biggest decliner dollar-wise was  United Technologies down 67 cents and percentage-wise was Alcoa down 0.94%.


As of the open of the market on Tuesday the current divisor for the Dow Jones Industrial Average found at page C5 of  Tuesday's Wall St. Journal is 0.12914682. Tuesday's trailing P/E ratio is 15.01 down from yesterday's trailing P/E ratio of 15.06 (year ago it was 12.72); today's P/E estimate is 12.95 unchanged from Monday's P/E estimate of 12.95 (year ago it was 11.52) and today's dividend yield is 2.53 up from yesterday's dividend yield of 2.52 (last year it was 2.70). The Dow's all-time high was 14,164.53 on Oct. 9, 2007. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Tuesday's Dow Jones Industrial Average closing numerator was 1,751.82 up 1.49  from Monday's closing numerator of 1,750.33. 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 or decrease in the Dow increases or decreases the Dow Jones Industrial Average by 7.74.

The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was $58.39 up 5 cents from Monday's average closing price of $58.34. The median closing price of  today's Dow Jones Industrial Average was $55.38 (HD/DIS) down 15 cents from yesterday's median closing price of $55.53 (HD/DIS). The lowest volume was Travelers and the highest volume again was Bank of America.

If Tuesday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $149 ($175,182 - $175,033).

MarketWatch.com 9/17/12 Tues. pm 3:02 pm by Kate Gibson says U.S. stocks
on Tuesday slipped for a second day as a gauge of builders’s sentiment showed improvement in September and shipper FedEx Corp. reduced its profit forecast.
“The rally is a bit overheated at this point, there’s a growing disconnect in terms of what the market is doing and what the underlying economy is doing. Most recently, FedEx is reiterating that point for us, cutting its global outlook for the economy,” said Dave Abate, senior wealth advisor at Strategic Wealth Partners in Seven Hills, Ohio.Given the market’s extended run, it’s no surprise that investors are now opting to “consolidate some of these gains,” said Bruce Bittles, chief investment strategist at RW Baird & Co.
A retreat is likely to be mild, possibly back to 1,400 or so on the S&P 500 index SPX -0.13% , he said.
On Tuesday, the S&P 500 index shed 3.74 points to 1,457.45, with energy hardest hit and consumer staples the best performer of its 10 major sectors.
“Most of the market is in gear technically, the small cap and even the mid-cap that were lagging a month ago have now caught up with the Dow industrials and S&P 500,” said Bittles.
Small stocks as measured by the Russell 2000 RUT -0.23% recently broke through their March high, as did the S&P 500 Mid-Cap 400 index MID -0.63%
Investors have recently shifted from defensive sectors, including utilities and health care, into aggressive industry groups like energy, technology and materials, Bittles added.
The Dow Jones Industrial Average DJIA +0.09%  lost 6.42 points to 13,546.68.
The Nasdaq Composite COMP -0.03%  declined 5.11 points to 3,173.56.
FedEx is hoping for a "surge volume event" as Apple prepares for sales of its new iPhone 5 this week, shipping them as fast as it can by air from factories in China.For every two stocks rising three declined on the New York Stock Exchange, where 349 million shares traded as of 2:45 p.m. Eastern. Composite volume surpassed 2.3 billion.
On the New York Mercantile Exchange, the price of oil CLV2 -1.23%   fell for a second session, losing $1.33 to end at $95.29 a barrel. Apple Inc. AAPL +0.30%  shares hit $700 for the first time a day after the consumer-technology company said orders for its iPhone 5 exceeded 2 million in the first 24 hours.
FedEx FDX -3.06%  shares dropped 2.5% after the package-delivery company lowered its anticipated earnings for its fiscal year, citing the softening global economy. 
The National Association of Home Builders/Wells Fargo housing-market index gained 3 points to a seasonally-adjusted reading of 40 in September, the highest the index has been since June 2006. 
“Housing continues to see improvement, with the Fed again trying to give it a further kick in the pants, but the pace and sustainability will still be uneven,” noted Peter Boockvar, an equity strategist at Miller Tabak.
The Commerce Department reported the current-account deficit shrank more than expected in the second quarter, aided by increased exports.
In a speech prepared for delivery Tuesday in Michigan, Federal Reserve Bank of Chicago President Charles Evans said the Fed’s latest round of quantitative easing would help shield the U.S. recovery from Europe’s debt crisis and possible U.S. tax hikes and spending reductions.
Tuesday'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
UNHNYSE
UTXNYSE
VZDualListed
WMTNYSE

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


A read of the print editions of Tuesday's  Wall St. Journal, Financial Times,  Investor's Business Daily, New York Times, USA Today,  Atlanta Journal Constitution &amp &  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 Monday's stock prices and related data in alphabetical order.

Dow Jones Average: The Dow Jones Industrial Average closed Monday at 13,553.1 down 40.27 or 0.3% from Friday's close of 13,593.57. For the year the Dow is up10.93 %.  Of the Dow components 10 gained (not including United Health which was up), Microsoft was unchanged  and 19 declined. The biggest gainer dollar-wise was McDonald's up 44 cents and percentage-wise was Pfizer up 0.92%. The biggest decliner dollar-wise was Boeing down $1.36 and percentage-wise was  Alcoa down 2.64%.

WSJ pC4 "Materials shares lead the retreat" by Matt Jarzemsky says stocks snapped a 4 day win streak as concerns re: steel demand weighed on material shares & a late selloff in crude oil dented the energy sector.  Chevron dropped 11 cents.

NYT pB7 "Shares slip after a turbulent spell in oil trading" by Reuters says stocks fell on Mon in light trading as falling oil prices affected energy shares.  Fin'ls, which were among the biggest gainers last week, were among the losers.  Bank of America fell 2.6%.  

IBD pB2 "Market takes a breather in sharply lower turnover" by Vincent Mao says stocks took a small step back Mon after advancing strongly for the past 2 weeks.  Weak regional factory data didn't provide a positive backdrop either.  The current outlook is still a confirmed uptrend.

USA Today p1B "will Dow's gyrations forecast election?" by Adam Shells says history shows that stock gains favor incumbent party.  In 90% of the pers't'l relections since 1900, the direction of the Dow in the 2 months prior to the vote accurately predicted if the incumbent party was reelected.



Monday's Dow Jones Industrial Average closing numerator was 1,750.33 down 5.20 from Friday's closing numerator of 1,755.53. 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 or decrease in the Dow increases or decreases the Dow Jones Industrial Average by 7.74.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was $58.34 down 18 cents from Friday's average closing price of $58.52. The median closing price of  Monday's Dow Jones Industrial Average was $55.53 (HD/DIS) down 25 cents from Friday's median closing price of $55.78 (HD/DIS). 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 $520 ($175,553 - $175,033).

MarketWatch.com 9/17/12 Mon. pm 4:17 pm by Laura Mandaro says U.S. stocks ended lower Monday for the first day in five, hit by profit-taking and some unease over geopolitical concerns that roiled energy markets. The Dow Jones Industrial Average DJIA -0.30% ended down 40.27 points, or 0.3%, to 13,553.10; Boeing Co. BA -1.91% and Caterpillar Inc. CAT -1.27% contributed the most to the Dow's loss. The S&P 500 SPX -0.31% ended off 4.58 points, or 0.3%, to 1,461.19. The Nasdaq Composite COMP -0.17% sank 5.28 points, or 0.2%, to 3,178.67. But the Nasdaq 100 ended higher, lifted by a 1.2% gain in Apple Inc. AAPL +1.23% shares, the index's biggest component.

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

AT&T:  WSJ pC1 "Payout appreciation" by Matt Jarzemsky says yield hungery investors are looking for firms that are boosting up dividends.  Verizon and AT&T are noted for paying dividends as is Cisco.

WSJ pB4 "IPhone 5 pre-orders surpass 2 mil" by Drew Fitzgerald says AT&T said iPhone sales set a recrod over the weekend.

USA p4B "AT&T" cahrts AT&T saying it is getting a boost on strong orders of Apple's iPhone 5.

Alcoa:  No mentions found.

American Express:   No mentions found.

Bank of America:  NYT pB7 "Shares slip after a turbulent spell in oil trading" by Reuters says stocks fell on Mon in light trading as falling oil prices affected energy shares.  Fin'ls, which were among the biggest gainers last week, were among the losers.  Bank of America fell 2.6%. 

Boeing:   No mentions found.

Caterpillar:   No mentions found.

Chevron: WSJ pC4 "Materials shares lead the retreat" by Matt Jarzemsky says stocks snapped a 4 day win streak as concerns re: steel demand weighed on material shares & a late selloff in crude oil dented the energy sector.  Chevron dropped 11 cents.

Cisco: WSJ pC1 "Payout appreciation" by Matt Jarzemsky says yield hungery investors are looking for firms that are boosting up dividends.  Verizon and AT&T are noted for paying dividends as is Cisco.

Coke:   No mentions found.

Disney:   No mentions found.

DuPont:   No mentions found.

Exxon:   No mentions found.

GE:  WSJ pB1 "GE fels its own cuts" by Kate Linebaugh says GE put its 85,000 white collar US workers on a high deductible health plan as has JPMorgan and others.

Hewlett-Packard:  No mentions found.

Home Depot:  No mentions found.

Intel:  No mentions found.

IBM:  No mentions found.

JPMorgan:  WSJ pB1 "GE fels its own cuts" by Kate Linebaugh says GE put its 85,000 white collar US workers on a high deductible health plan as has JPMorgan and others.

Johnson & Johnson:  No mentions found.

Kraft:  No mentions found.

McDonald's:  USA Today p3B ""McDonald's to serve "McNoodles" in Austria", AJC pA8 "McNoodles to be launched in Austria" sas McDonald's is introducing noodle dishes this week at its restaurants in Austria.

Merck:  No mentions found.

Microsoft:  No mentions found.

Pfizer:  No mentions found.

Procter & Gamble:  No mentions found.

3M:  No mentions found.

Travelers:  No mentions found.

UnitedHealth:  No mentions found.

United Technologies:  No mentions found.

Verizon: IBD pA5 "Verizon, Vodafone await wireless dividend payout" by Reinhardt Krause says Verizon Wireless has yet to approve a fresh dividend payment to parents Verizon Communications and UK based Vadfone and the wait is causing some concern in the UK.  Lowell McAdam, CEO of Verizon Communications said after taking over from Ivan Seidenberg that a regular dividend may not be in the cards.   Verizon Communications owns 55% of the jv and Verizon Comm'sshares have jumped 50% over the past 2 year

WSJ pB1 "Why Wi-Fi is often so slow" by Shalini Ramachandran says Comcast, Verizon and otehr Internet service providers have upped the maxximum speeds of broadband to resident'l customers to as much as 305 megabits per second.

WSJ pC1 "Payout appreciation" by Matt Jarzemsky says yield hungery investors are looking for firms that are boosting up dividends.  Verizon and AT&T are noted for paying dividends as is Cisco.


Walmart:WSJ pC12 "Mobile devices hit retail pay dirt" by Rolfe Winkler says iPads and IPod Touches are becoming alternatives to cash registers and credit card machines.  Over a dozen large merchants, including Walmart and Target, are planning a mobile payments network called Merchant Customer Exchange.


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
UNHNYSE
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)

UnitedHealthUNC Stephen Hemsley (Minnetonka, MN) on Dow 9/24/12

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.

UnitedHealth UNH:


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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