10/17/14 Fri. pm Dow Closes at 16380.41 up 263.17 or 1.63%

http://www.dowjonesmonitor.com/
by Dan Kolber

Post No. 2,894 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 a summary of recent Dow 30 components'  SEC filings as of Sept. 24, 2014.

The Dow Jones Industrial Average closed  Friday at 16380.41 up 263.17 or 1.63 from Thursday's close of 16117.24.  For the week the Dow is down 163.69 or 0.99% from last Friday's close of 16,544.10. Of the Dow components   al l30. The biggest gainer   dollar-wise was Goldman Sachs and percentage-wise was UnitedHealth up 3.27%. 

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 0.15571590501117.  Friday's trailing P/E   ratio is 15.06 down from Thursday's   trailing P/E ratio of 15.37  (last year it was 15.83).  Friday's P/E estimate is 14.73 unchanged  from Thursday's P/E estimate of 14.73 (year ago it was 14.13) and Friday's dividend yield is 2.34 up  from  Thursday's dividend yield of 2.31  (last year it was 2.14). The Dow's all-time high was 17279.74 on September 19,  2014. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Friday's Dow Jones Industrial Average numerator is 2550.69 up 40.98 from  Thursday's   numerator of 2509.71.  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 change for today by the divisor (0.15571590501117) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.42 change in the Dow Index.

The average closing price (the closing numerator divided by 30) of  Friday's Dow Jones Industrial Average was $85.02 up $1.36 from Thursday's  average closing price of $83.66.  The median closing price of  Friday's Dow Jones Industrial Average was $85.51  (DIS/NKE) up $1.69 from Thursday's median closing price of $83.82 (PG/UNH). The lowest volume was  Travelers and the highest volume was GE.

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 or dividends) and sold at the close you would have made  $4,098  ($255,069 - $250,971).

10/17/14 Fri 4:34 MarketWatch by Anora Mahmudova & Sara Sjolin says  following steep losses and massive intraday swings over the past five days, the U.S. stock market wrapped up the week on a relative high note, with the key benchmarks registering more than 1% gains on Friday.
Earlier in the week, investors exhibited panicky selling behavior as concerns over global growth, volatility in oil and the dollar, as well as fear of the spread of Ebola, converged. On Friday, stocks got a boost from upbeat earnings reports from heavyweights, such as General Electric. The S&P 500 SPX, +1.29%   gained 24 points, or 1.3%, to 1,886.76, led by gains in industrials and health care sectors. The Dow Jones Industrial Average DJIA, +1.63%  jumped 263.17 points, or 1.6%, to 16,380.41. The Nasdaq Composite COMP, +0.97%  rose 41.05 points, or 1%, to 4,258.44.
The main benchmarks were still left nursing modest weekly losses after brutal selloffs earlier in the week. Weekly losses were fourth in a row.The Russell 2000 RUT, -0.35%   dipped 4 points, or 0.4% to 1,082.33, underperforming its large-cap counterpart on Friday after relative strength over the week. Indeed, the small-cap index ended the week with a gain of 2.8%.J.C. Parets, founder and president of Eagle Bay Capital, warns not to be fooled by the snapback, asserting that carnage the equity markets experienced isn’t nearly over. “We get the most vicious rallies during market declines,” he cautions in an interview. Thursday’s sharp gains came after a choppy session on Wall Street on Thursday, when the benchmarks fell around 1% at the open. However, they recovered throughout the day, helped by comments from President of the St. Louis Federal Reserve James Bullard, who raised the possibility of extending bond purchases. Bullard isn’t a voting member this year of the rate-setting Federal Open Market Committee. Boston Fed President Eric Rosengren told CNBC on Friday he does not expect the U.S. economy to need another round of quantitative easing, but added that he would not rule out that possibility. Earnings: Several heavyweights reported results ahead of the opening bell. General Electric Co. GE, +2.35%  shares rose 2.4% after third-quarter earnings topped market expectations. Defense contractor Honeywell International Inc. HON, +4.25%  lifted its low end of its 2014 per-share outlook, after third-quarter earnings beat expectations, sending the shares 4.3% higher.

Friday's Closing Dow Numbers:

Symbol	Last Sale	Change	% Change	Share Volume	Market
T	$34.08	0.44	▲ 1.31%	24,364,570	NYSE
AXP	$82.58	2.34	▲ 2.92%	9,166,285	NYSE
BA	$123.24	2.95	▲ 2.45%	4,849,427	NYSE
CAT	$95.05	1.81	▲ 1.94%	7,410,781	NYSE
CVX	$111.8	0.74	▲ 0.67%	10,874,264	NYSE
CSCO	$23.25	0.43	▲ 1.88%	28,318,808	NASDAQ-GS
KO	$42.88	0.32	▲ 0.75%	23,176,587	NYSE
DIS	$83.83	2.09	▲ 2.56%	12,361,520	NYSE
DD	$66.98	0.75	▲ 1.13%	6,950,315	NYSE
XOM	$91.21	0.61	▲ 0.67%	18,151,291	NYSE
GE	$24.82	0.57	▲ 2.35%	52,552,090	NYSE
GS	$176.91	4.33	▲ 2.51%	4,924,902	NYSE
HD	$90.24	1.36	▲ 1.53%	6,978,095	NYSE
INTC	$31.38	0.53	▲ 1.72%	36,628,170	NASDAQ-GS
IBM	$182.05	2.21	▲ 1.23%	4,341,224	NYSE
JPM	$56.2	1.12	▲ 2.03%	20,100,348	NYSE
JNJ	$98.7	1.92	▲ 1.98%	12,260,934	NYSE
MCD	$91.04	1.13	▲ 1.26%	7,040,576	NYSE
MRK	$54.02	0.59	▲ 1.1%	19,638,706	NYSE
MSFT	$43.63	0.89	▲ 2.08%	40,664,212	NASDAQ-GS
NKE	$87.18	0.14	▲ 0.16%	5,674,057	NYSE
PFE	$27.83	0.13	▲ 0.47%	32,387,096	NYSE
PG	$83.27	1.03	▲ 1.25%	11,680,073	NYSE
MMM	$137.4	2.35	▲ 1.74%	3,733,468	NYSE
TRV	$93.24	1.43	▲ 1.56%	2,935,228	NYSE
UTX	$101.53	2.30	▲ 2.32%	7,260,556	NYSE
UNH	$88.18	2.79	▲ 3.27%	8,511,832	NYSE
VZ	$48.07	0.40	▲ 0.84%	18,020,627	DualListed
V	$206	3	▲ 1.48%	3,169,927	NYSE
WMT	$74.1	0.28	▲ 0.38%	11,444,422	NYSE

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

A  read of the print editions of  Friday's   Wall Street Journal, Financial Times, Investor's Business Daily, USA Today, New York Times & Atlanta Journal & Constitution & Daily Report (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  closing   stock prices and related data in alphabetical order.

The Dow Jones Industrial Average: The Dow Jones Industrial Average closed  Thursday at 16117.24 down 24.5 or 0.15%  from Wednesday's close of 16141.74.  For the year the Dow is down 2.8%. Of the Dow components  9  gained and  21 declined. The biggest gainer   dollar-wise and percentage-wise was UnitedHealth up $3.23 or 3.93%.  The biggest decliner   dollar-wise  and percentage-wise was Goldman Sachs down $4.66 or 2.63%.

WSJ pC6 "Stocks bounce back from early tumble" by Saumya Vaishampayan says after days of wild trading, US stocks stabilized as prices recovered from sharp early losses.

Thursday's Dow Jones Industrial Average numerator is 2509.71 down 3.82 from  Wednesday's   numerator of 2513.53.  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 change for today by the divisor (0.15571590501117) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.42 change in the Dow Index.

The average closing price (the closing numerator divided by 30) of  Thursday's Dow Jones Industrial Average was $83.66 down 12 cents from Wednesday's  average closing price of $83.78.  The median closing price of  Thursday's Dow Jones Industrial Average was $83.82  (PG/UNH) down $2.99 from Wednesday's median closing price of $82.56 (UNH/PG). The lowest volume was  Travelers and the highest volume was Intel.

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 or dividends) and sold at the close you would have lost  $382  ($251,353 - $250,971).

10/16/14 Wed. 4:50 MarketWatch by Anora Mahmudova & Sara Sjolin says  an attempted rebound by the U.S. stock market Thursday fizzled out by the end of the session, as the main benchmarks wrapped up another rocky trading day essentially flat. The start of Thursday’s trading looked like the market was in store for another bludgeoning with the main benchmark falling 1% at the open. Nervousness after Wednesday’s brutal ride marked much of the day’s general demeanor. That’s until James Bullard, president of the St. Louis Federal Reserve, raised the possibility of extending bond purchases. The bond purchases, which is a vestige a 2008 crisis-era plan intended to stimulate the economy, is expected to end this month. Bullard said the Federal Reserve should consider extending its bond-buying program beyond October to see how the U.S. economic outlook evolves. Bullard isn’t a voting member this year of the rate-setting FOMC, but investors appeared to take his comments to heart, lifting markets higher.While broader markets struggled to hold onto gains, small and mid-cap companies rallied. The Russell 2000 rose 13 points, or 1.3%, to 1,085.83 and the small-cap index outperformed the S&P 500 this month. Recent strength has been attributed to buyers getting attracted to relative cheapness of small stocks, after the Russell 2000 recorded a 13% decline from peak to trough. The S&P 500 SPX, +0.01%  closed flat at 1,862.76, with energy sector leading the gains.The Dow Jones Industrial Average DJIA, -0.15%  slipped 24.5 points, or 0.2%, to 16,116.24, closing low for the sixth straight session. The Nasdaq Composite COMP, +0.05%  ticked up 2 points to 4,217.39. Jeffrey D. Saut, chief investment strategist at Raymond James wrote in a note that Wednesday’s roller-coaster session was due to market participants’ inability to manage their risk in July, when he prematurely predicted that the market would see a 10% correction. “The time to raise cash was in the June—August time frame, when the dollar took off and negative divergences mounted, not now,” he wrote.In economic news, initial weekly jobless claims dropped to their lowest level in more than 14 years, while industrial production climbed 1% in September. Manufacturers in the Philadelphia region expanded a bit more slowly in October but growth was still strong, according to the Philadelphia Federal Reserve. A gauge of confidence among home builders pulled back this month from a nine-year high in September, falling five points to 54, according to National Association of Home Builders/Wells Fargo data released Thursday. Earnings: The results season continued at full speed on Thursday, with a heavy lineup ahead of the opening bell. Goldman Sachs GS, -2.63%  reported third-quarter earnings of $4.57, beating a consensus estimate from FactSet of $3.21, but reported higher expenses. Shares fell 2.6%.

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

AT&T:

American Express:

Boeing:

Caterpillar:

Chevron:

Cisco:

Coke:

Disney:

DuPont:

Exxon:

GE:

Home Depot:

Intel:

IBM:

Johnson & Johnson:

McDonald's:

Merck:

Microsoft:

Nike:

Pfizer:

Procter & Gamble:

3M:

Travelers:

United Technologies:

UnitedHealth:  WSJ pC6 "Stocks in the News" charts UnitedHealth saying it raised its outlook as it post strong results for the recent quarter.

Verizon:

Visa:

Walmart:

Thursday's Closing Dow Numbers:

Symbol	Last Sale	Change	% Change	Share Volume	Market
T	$33.64	0.23	▼ 0.68%	28,988,560	NYSE
AXP	$80.24	0.69	▼ 0.85%	9,139,289	NYSE
BA	$120.29	0.10	▲ 0.08%	4,463,639	NYSE
CAT	$93.24	0.65	▲ 0.7%	7,367,244	NYSE
CVX	$111.06	1.79	▲ 1.64%	11,844,812	NYSE
CSCO	$22.82	0.14	▼ 0.61%	30,799,450	NASDAQ-GS
KO	$42.56	0.67	▼ 1.55%	21,843,243	NYSE
DIS	$81.74	0.34	▼ 0.41%	13,130,798	NYSE
DD	$66.23	0.20	▼ 0.3%	9,505,468	NYSE
XOM	$90.6	0.38	▲ 0.42%	25,087,672	NYSE
GE	$24.25	0.03	▼ 0.12%	51,413,861	NYSE
GS	$172.58	4.66	▼ 2.63%	7,772,511	NYSE
HD	$88.88	1.03	▲ 1.17%	7,111,295	NYSE
INTC	$30.85	0.425	▼ 1.36%	47,321,158	NASDAQ-GS
IBM	$179.84	1.91	▼ 1.05%	5,531,054	NYSE
JPM	$55.08	0.45	▼ 0.81%	31,890,188	NYSE
JNJ	$96.78	1.43	▼ 1.46%	14,491,253	NYSE
MCD	$89.91	0.53	▼ 0.59%	7,490,035	NYSE
MRK	$53.43	1.30	▼ 2.38%	21,726,763	NYSE
MSFT	$42.74	0.48	▼ 1.11%	45,881,416	NASDAQ-GS
NKE	$87.04	1.86	▲ 2.18%	6,773,964	NYSE
PFE	$27.7	0.49	▼ 1.74%	36,577,137	NYSE
PG	$82.24	0.71	▼ 0.86%	11,049,268	NYSE
MMM	$135.05	0.83	▲ 0.62%	3,467,051	NYSE
TRV	$91.81	0.18	▼ 0.2%	2,725,699	NYSE
UTX	$99.23	0.06	▲ 0.06%	6,050,074	NYSE
UNH	$85.39	3.23	▲ 3.93%	10,177,423	NYSE
VZ	$47.67	0.25	▼ 0.52%	18,960,960	DualListed
V	$203	2.75	▲ 1.37%	3,889,171	NYSE
WMT	$73.82	1.38	▼ 1.84%	14,259,663	NYSE

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

AT&T T Randall L. Stephenson (Dallas, TX)

American Express AXP Kenneth I. Chenault (NY, NY)

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)

Goldman Sachs GS Lloyd Blankfein (NY, NY)

Home Depot HD Frank Blake (Atlanta, GA) (Craig Menear Takes Over as CEO on 11/1)

Intel INTC Brian Krzanich (Santa Clara, CA)

IBM Virginia M. Rometty (Armonk, NY)

JPMorgan Chase JPM Jamie Dimon (NY, NY)

Johnson & Johnson JNJ Alex Gorsky (New Brunswick, NJ)

McDonald's MCD Donald Thompson (Oak Brook, Ill)

Merck MRK Kenneth Frazier (Whitehouse Station, N.J.)

Microsoft MSFT Satya Nadella (Redmond, WA)

Nike NK Mark Parker (Beaverton, OR)

Pfizer PFE Ian Read (NY, NY)

Procter & Gamble PG A. G. Lafley (Cincinnati, OH)

3M MMM Inge Thulin (St. Paul, MN)

Travelers TRV Jay S. Fishman (NY, NY)

UnitedHealthUNC Stephen Hemsley (Minnetonka, MN)

United Technologies UTX Louis Chenevert (Hartford, CT)

Verizon VZ Lowell McAdam (NY, NY)

Visa V Charles W. Scharf (Foster City, CA)

Wal-Mart WMT Doug McMillon (Bentonville, ARK)
***************************
Here are the Dow Jones Industrial Average 30 as of close of business 9/24/14 ranked in order of market capitalization in billions:

1. Exxon Mobil XOM $408.64
2. Microsoft MSFT 387.93
3. Johnson & Johnson JNJ 306.4
4. GE 260.18
5. Wal-Mart WMT 248.39
6.Chevron CVX 232.43
7.  JPMorgan Chase JPM 231.78
8. Procter & Gamble PG 230.8
9.  Verizon VZ 207.55
10.  Pfizer PFE 192.19 
11. Coke KO 185.39
12.  IBM 191.85 58
13. AT&T T 183.
14. Merck MRK 174.12
15.  Intel INTC 172.05
16. Disney DIS 153.54
17. Visa V 134.71
18. Cisco CSCO 127.38
19. Home Depot HD 125.2
20. United Technologies UTX 97.05
21. McDonald's MCD 93.28 
22. 3M MMM 93.88
23. American Express AXP 93.12
24. Boeing BA 92.66 
25. Goldman Sachs GS 85.98
26. UnitedHealth UNH 85.71
27. Nike NKE 70.19
28. DuPont DD 66.66
29. Caterpillar CAT 63.55
30. Travelers TRV 32.14
****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of close of business 9/24/14:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments

AT&T T:
8/1/14 10Q & 7/24/14 8K & 7/23/14 8K  re: qtr ended 6/30
7/1/14 S-4 re: purchase of DirecTV

American Express AXP:
9/15/14 8K re: delinq. & write-off stats for 3 months end 8/31/14
8/15/14 8K re: delinq. & write-off stats for 3 months end 7/31/14
7/30/14 10Q & 7/29/14 8K re: qtr. ended 6/30/14
7/15/14 8K re: delinq. & write-off stats for 3 months ended 6/30/14

Boeing BA:
7/23/14 10Q & 7/23/14 8K re: 2Qtr ended 6/30/14

Caterpillar CAT:
9/19/14 8K re: info re: retail sales of OEMs
9/16/14 8K re: credit agreement with Citibank up to $3.15 bil
8/20/14 8K re: rolling 3 month retail sales stats
8/1/14 10Q & 7/24/14 8K re: 2Q ended 6/30/14
7/23/14 8K re: rolling 3 mos. retail sales stats.

Chevron CVX:
8/14/14 8K re: voluntary dismissal of shareholder derivative lawsuit
8/6/14 10Q & 8/1/14 8K & 7/10/14 8K re: 2Q ended 6/30/14

Cisco CSCO:
9/12/14 8K re: departure of director Marc Benioff & reduction of board to 10
9/9/14 10K & 8/13/14 8K re: results for year ended 7/26/14
8/14/14 8K re: restructuring plan & lay-offs of 6,000 or 8% of global workforce
7/31/14 8K re: resignation from BoD of Gregory Q. Brown

Coke KO:
9/22/14 & 9/19/14 8Ks re: close of public offering of long term notes
8/20/14 8K re: purchase of 16.7% state in Monster
7/30/14 10Q & 7/22/14 8K re: qtr ended 6/27/14

Disney DIS:
8/5/14 10Q for quarter ended 6/28/14
8/5/14 & 8/5 8K re: 10Q for 3Qtr ended 6/28/14 

DuPont DD:
8/5/14 8K re: election of Ulf M.  Mark Scheider
7/22/14 10Q & 7/22/14 8K re: qtr ended 6/30/14

ExxonMobil XOM:
8/6/14 10Q & 7/31/14 8K re: 2Qtr ended 6/30/14
8/6/14 8K re: retirement of P.T. Mulva as VP/controller to be replaced by D.S. Rosenthal

GE:
7/31/14 10Q & 7/18/14 8K re: qtr ended 6/30/14

Goldman Sachs GS:
8/25/14 8K re: settlement with FHFA re: sale of residential mortgage backed securities to Fannie Mae & Freddie Mac
8/7/14 10Q & 7/15/14 8K re: 2Qtr ended 6/30/14

Home Depot HD:
9/18/14 8K re: update on guidance due to data breach
9/8/14 8K re: breach od payment data systems
8/27/14 10Q & 8/19/14 8K results for quarter ended 8//14
8/21/14 8K re: election of Craig A. Menear as CEO &Pes. and Frank Blake taking on as chairman eff. 11/1/14 & amendment of by-laws to split CEO & Chairman positions

Intel INTC:
7/25/14 10Q & 7/15/14 8K re: qtr. ended 6/28/14

IBM:
7/29/14 10Q & 7/18/14 8K & 7/17/14 8K re: qtr. ended 6/30/14
7/29/14 8K re: election of CEO of JNJ Alex Gorsky & Peter R. Voser to BoD

JPMorganChase JPM:
9/19/14 8K re: redemption of subord. notes
9/12/14 8K re: cyberattack vs. JPM
9/10/14 8K re: closing of public offering of $3 bil sub. notes due'24
8/4/14 10Q & 7/15/14 8K & 7/15/14 8K re: qtr. ended 6/30/14
7/2/14 8K re: CEO Jamie Dimon having throat cancer
7/1/14 8K re: reduction of warrant exercise price

Johnson & Johnson JNJ:
8/1/14 10Q & 7/15/14 8K re: Qtr ended 6/29/14
7/21/14 8K re: $5 bil share repurchase program

McDonald's MCD:
9/22/14 8K re: raising quarterly div. by 5% to 85 cents payable 12/15 to record holders 12/1
9/9/14 8K re: global sales decreased 3.7% in Aug.
8/27/14 8K re: salary increase of Pres. of Asia, Mid E. & Africa
8/22/14 8K re: election of Make Andres as Pres. - USA replacing Jeff Stratton eff. 10/15
8/11/14 8K re: global sales decreased 2.5% in July
8/4/14 & 7/22/14 & 7/18/14 8K re: qtr. ended 6/30/14

Merck MRK:
9/29/14 8K re: 2Q results

Microsoft MSFT:
9/17/14 8K election of Teri List-Stoll & Charles W. Scharf  (CEO of Visa) to Board eff 10/1 & increase of Board to 12 & retirement from Board of Dave Marquadt & Dina Dublon
8/19/14 8K re: dividend increase to 31 cents up 11% payable 12/111 to holders on 11/20
7/31/14 10K for year ended 6/30/14
7/31/14 8K re: increased BoD to 11 & election of John W. Stanton
7/22/14 8K re: 4Q results
7/17/14 8K re: restruction & related charges

Nike NKE:
9/23/14 8K re: results of annual shareholders meeting
Sec. 14A Proxy re: Annual Meeting of Shareholders to be held 9/18/14 at Tiger Woods Conf. center, Beaverton, Or.
7/25/14 10K for year ended 5/31/14

Pfizer PFE:
8/7/14 10Q for qtr ended 6/29/14
7/29/14 8K re: 2Q results

Procter & Gamble PG:
8/29/14 Proxy re: 10/14/14 Annual Meeting of Shareholders at 9 a.m. at Duke Energy Convention Ctr. Cincinnati,Oh
8/8/14 10K for yr. ended 6/30/14
8/1/14  2 8Ks re: 4Q results
7/8/14 8K re: quarterly div. of 64 cents per share payable 8/15 to record holders of 7/18

3M MMM:
8/12/14 8K re: election of Sandra Barbour to Board
8/8/14 8K re: $2.25 bil 5 yr. revolving credit agreement with JPMorgan
7/31/14 10Q & 7/24/14 re: qtr. ended 6/30/14

Travelers TRV:
9/10/14 2 8Ks re: realignment of 2 of 3 business segments
8/11/14 8K re: amendment to bylaws re: timing of shareholder proposals
7/22/14 10Q & 8K re: qtr ended 6/30/14

United Technologies UTX:
7/25/14 10Q & 7/22/14 8K for qtr. ended 6/30/14

UnitedHealth Group UNH:
9/12/14 8K re: FD disclosures re: presentation at Merrill Global Healthcare Conf. London 9/17
9/5/14 8K re: FD disclosure re: presentation at Morgan Stanley Healthcare Conf. NYC 9/9
8/4/14 & 8/1/14 8K & 7/17 8K re: qtr. ended 6/30/14

Verizon Communications Inc. VZ:
9/11/14 8K re: strong customer  growth
9/4/14 8K/A committee Board assignments for Dir. Shellye L. Archambeau
8/20/14 8K re: results of exchange offer of Verizon/Alltel securities
8/6/14 2 8Ks re: terms of exchange offer re: Alltel

Visa V:
9/11/14 8K re: deposit of $450 mil in litigation escrow account
7/24/14 10Q & 7/24/14 8K re: qtr ended 6/30/14
7/23/14 8K re: quarterly div. of 40 cents payable 9/3 to record holders as of 8/15.

WalMart WMT:
9/5/14 10Q & 8/14/14 8K re: results for qtr ended 7/31/14
7/24/14 8K re: election of Greg Foran as Pres/CEO of Walmart USA  to replace Bill Simon

NO MAS AMIGOS