4/16/15 Thurs. pm Dow Closes at 18105.77 down 6.84 or 0.04%

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

Post No. 3,143 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.

The Dow Jones Industrial Average closed Thursday at 18105.77 down 6.84  or 0.04%  from Wednesday's close of 18112.61. Of the Dow components  9 gained  and  21 declined. The  biggest gainer dollar-wise  and percentage-wise was UnitedHealth up $4.28 or 3.65%. The  biggest decliner dollar-wise was Goldman Sachs down 89 cents and percentage-wise was Merck down 1.04%.

As of the open of  the market on Thursday the current divisor for the Dow Jones Industrial Average found at page C6 of  Thursday's Wall St. Journal is 0.14985889030177.  Thursday's trailing P/E   ratio is 16.53 up  from Wednesday's   trailing P/E ratio of 16.46 (last year it was 16.15).  Today's P/E estimate is 16.28 unchanged from Wednesday's P/E estimate of 16.28 (year ago it was 14.53) and  today's dividend yield is 2.24 down from  yesterday's dividend yield of 2.25  (last year it was 2.17). The Dow's all-time high was 18288.63 on March 2,  2015. 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 numerator is 2713.31 down 1.03 from Wednesday's average numerator of 2714.34.   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 (0.14985889030177) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.67  change in the Dow Index.

The average closing price (the closing numerator divided by 30) of  Thursday's Dow Jones Industrial Average was $90.44 down 4 cents from Wednesday's closing average of $90.48.  The median closing price of  Thursday's Dow Jones Industrial Average was $85.64 (CAT/XOM) down 98 cents from Wednesday's median closing price of $86.62 (CAT/XOM).  The lowest volume was 3M and the highest volume was GE.

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 $103  ($271,434 - $271,331).

4/16/15 Thurs. 4:46 pm MarketWatch by  Wallace Witkowski and Sara Sjolin says U.S. stocks closed slightly lower Thursday following a session of slight gains and declines as investors digested a mixed batch of economic reports and Federal Reserve speakers in light of a stream of better-than-expected earnings.The Dow Jones Industrial Average DJIA, -0.04% which was up as high as 57 points on the session, closed down 6.84 points at 18,105.77. About two-thirds of the blue-chip indexes’s 30 components closed lower.The S&P 500 index SPX, -0.08% declined 1.64 points to finish at 2,104.99, with seven out of the indexes 10 major sectors declining, led by utilities and telecom stocks.Meanwhile, the tech-heavy Nasdaq Composite COMP, -0.06%  retreated 3.23 points to close at 5,007.79. An 18% rally in Netflix Inc. NFLX, +18.21%  shares helped support the index. Shares hit a record-high of $568.75 after the video-streaming and DVD-rental company, after the close of trading on Wednesday, said that added 4.88 million subscribers in the first quarter.Choppy trading in stocks on Thursday came after a pullback from Wednesday’s advances, when better-than-expected earnings and a jump in oil prices sent the benchmarks close to record closing levels. The S&P 500 ended just 0.5% shy of its all-time close of 2,117.39 hit Monday, March 2, while the Dow average missed its record by 1%.Stocks ventured into positive territory after a handful of Fed members gave speeches, with some suggesting that a rate hike might not come soon, those gains vanished in the final hour of trading.“I think it’s the same flat trading we’ve been seeing for the last few sessions and we probably have to wait until earnings next week for some more meaningful move,” said Dan Greenhaus, chief strategist at BTIG, in emailed comments.Fed speakers: Atlanta Fed President Dennis Lockhart said the central bank should wait on raising rates because of murky first-quarter economic data. Lockhart is a voting member of the policy-setting Federal Open Market Committee this year.Meanwhile, Cleveland Fed President Loretta Mester, who isn't a voter, said she would be comfortable with a rate hike “relatively soon” if economic growth regains momentum.
Boston Fed President Eric Rosengren, also a non-voter, said in London that economic data needs to improve before the Fed can start raising rates.Lastly, Stanley Fischer, the Fed’s Vice Chairman said the economy is already seeing a rebound but the rate of the recovery remains to be seen.Thursday’s Fed lineup came after comments on Wednesday from St. Louis Fed President James Bullard and Richmond Fed President Jeffrey Lacker, when each made a case for raising interest rates soon.

Thursday's Closing Dow Numbers:

Symbol	Last Sale	Change	% Change	Share Volume	Market
AXP	$80.91	1.16	▲ 1.45%	8,052,934	NYSE
AAPL	$126.17	0.61	▼ 0.48%	28,277,483	NASDAQ-GS
BA	$151.97	0.46	▼ 0.3%	2,553,169	NYSE
CAT	$84.34	0.82	▼ 0.96%	5,684,012	NYSE
CVX	$110.16	0.25	▼ 0.23%	5,903,680	NYSE
CSCO	$28.6	0.35	▲ 1.24%	29,825,552	NASDAQ-GS
KO	$40.6	0.20	▲ 0.5%	13,088,230	NYSE
DIS	$108.1	1.12	▲ 1.05%	6,367,815	NYSE
DD	$72.25	0.15	▲ 0.21%	3,280,672	NYSE
XOM	$87.73	0.35	▼ 0.4%	9,517,495	NYSE
GE	$27.28	0.18	▼ 0.66%	62,265,938	NYSE
GS	$200.21	0.89	▼ 0.44%	5,967,669	NYSE
HD	$113.37	0.08	▼ 0.07%	4,008,009	NYSE
INTC	$32.87	0.04	▲ 0.12%	28,857,086	NASDAQ-GS
IBM	$163.13	1	▼ 0.61%	3,130,813	NYSE
JPM	$63.81	0.40	▼ 0.62%	16,611,417	NYSE
JNJ	$99.79	0.81	▼ 0.81%	7,311,843	NYSE
MCD	$95.63	0.81	▼ 0.84%	5,066,381	NYSE
MRK	$57.84	0.61	▼ 1.04%	6,404,298	NYSE
MSFT	$42.16	0.095	▼ 0.22%	22,479,477	NASDAQ-GS
NKE	$99.9	0.07	▲ 0.07%	2,045,393	NYSE
PFE	$35.19	0.02	▼ 0.06%	19,570,011	NYSE
PG	$83.5	0.01	▼ 0.01%	7,602,810	NYSE
MMM	$165.89	0.55	▼ 0.33%	1,662,136	NYSE
TRV	$108.67	0.59	▲ 0.55%	1,801,908	NYSE
UTX	$117.48	0.39	▼ 0.33%	2,901,383	NYSE
UNH	$121.6	4.28	▲ 3.65%	7,065,126	NYSE
VZ	$49.27	0.12	▼ 0.24%	11,705,916	DualListed
V	$65.65	0.03	▼ 0.05%	4,119,874	NYSE
WMT	$79.24	0.50	▼ 0.63%	8,004,866	NYSE

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

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

The Dow Jones Industrial Average: The Dow Jones Industrial Average closed Wednesday at 18112.61 up 0.42%  from Tuesday's close of 18036.70. For the year the Dow is up 1.62%. Of the Dow components 21  gained  and 9 declined. The  biggest gainer dollar-wise  was Goldman Sachs up $3.38 and percentage-wise was Intel up 4.26%. The  biggest decliner dollar-wise and percentage-wise was UnitedHealth down 42.60 or 2.17 %.

WSJ pC4 "Rally sends small caps to a record" by Saumya Vaishampayan says US stocks rallied, pushing the Russell 2000 to a record high.  Intel jumped $1.34 as it reported a 3% rise I n net income and is charted under good news.  Oil prices were up and Exxon and Chevron were big gainers.

IBD pB3 "Market rallies broadly; vol up: utilities lag" by David Saito-Chung says Wednesday's action saw broad gains in higher vol while the current outlook is uptrend under pressure.

NYT pB7 "Higher profits and oil prices give market a modest lift" & AJC pA16 "Investors find good news" by AP says rising corp profits & a jump in oil prices pushed the market to a modest gain Wed.

Wednesday's Dow Jones Industrial Average numerator is 2714.34  up 11.38 from Tuesday's average numerator of 2702.96.   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 (0.14985889030177) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.67  change in the Dow Index.

The average closing price (the closing numerator divided by 30) of  Wednesday's Dow Jones Industrial Average was $90.48 up 38 cents from Tuesday's closing average of $90.10.  The median closing price of  Wednesday's Dow Jones Industrial Average was $86.62 (CAT/XOM) up $1.51 cents from Tuesday's median closing price of $85.11 (PG/XOM).  The lowest volume was 3M and the highest volume was Intel.

If  Wednesday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs or dividends) and sold at the close you would have made $1,138  ($271,434 - $270,296).

4/15/15 Wed. 4:28 pm MarketWatch by  Anora Mahmudova and Sara Sjolin says Wednesday’s gains on Wall Street sent key U.S. stock indexes close to record levels, as better-than-expected earnings and a jump in oil prices invigorated stock market bulls.Small-cap stocks led the rally, with the Russell 2000 closing at a fresh record. Broadly, investors appeared to have brushed off weaker-than-expected economic reports, while the ECB’s success rolling out its quantitative-easing program over the past month has provided a favorable backdrop for global stocks. The S&P 500 SPX, +0.51%  closed 10.78 points, or 0.5%, higher at 2,106.62, within striking distance from the record level reached in March. Energy stocks rallied more than 2% following a nearly 6% jump by crude-oil futures, which settled at the highest level this year. The Dow Jones Industrial Average DJIA, +0.42%  added 75.71 points, or 0.4%, to 18,112.41, wit more than two-thirds of its 30 components finishing with gains.The Nasdaq Composite COMP, +0.68%  ended the session up 33.73 points, or 0.7%, to 5,011.02.James Abate, chief investment officer at Centre Funds, with over $1 billion in assets under management, said companies so far are beating or meeting lowered expectations, driving bullish sentiment.“The main reason equity markets are inching higher in an environment where the economic growth is decelerating and earnings falling, is because of monetary policy of abundant liquidity from the ECB, Bank of Japan and even the Federal Reserve,” Abate said.“So far in the earnings season, 35 of 37 companies on the S&P 500 either beat or met expectations,” Abate said. Most estimates for quarterly results had been lowered heading into this earnings period, Abate noted. “Companies have become very adept at boosting their earnings per share by cutting cost, managing taxes and share buybacks,” he said.Investors also dismissed weaker-than-expected manufacturing data released ahead of the opening bell.In economic news, the Empire State manufacturing index plunged, falling to a negative reading, while, industrial production fell by more than expected in March. Both reports suggested a deceleration in economic growth. Meanwhile, a gauge of confidence among home builders rose in April, according to the National Association of Home Builders/Wells Fargo housing-market index released Wednesday.

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

American Express:

Apple:

Boeing:  fT p12 "SpcaceX quick to shoot down rocket rival" by Robert Wright discusses United Launch Alliance, a Boeing-Lockheed jv.

Caterpillar:

Chevron: WSJ pC4 "Rally sends small caps to a record" by Saumya Vaishampayan says US stocks rallied, pushing the Russell 2000 to a record high.  Intel jumped $1.34 as it reported a 3% rise I n net income and is charted under good news.  Oil prices were up and Exxon and Chevron were big gainers.

Cisco:

Coke:

Disney:

DuPont:

Exxon: WSJ pC4 "Rally sends small caps to a record" by Saumya Vaishampayan says US stocks rallied, pushing the Russell 2000 to a record high.  Intel jumped $1.34 as it reported a 3% rise I n net income and is charted under good news.  Oil prices were up and Exxon and Chevron were big gainers.

GE:  NYT pB3 "During GE deal, Blackstone chief focused on a scholarship fund" by Keith Bradsher says Stepehn a. Schwartzman, ceo of blackstone, was the guy behind last Friday's $23 bil purchase of mortgages & offices buildings from GE.

IBD pB9 "Dividend leader GE in buy area" by Scott Stoddard says GE is still in buying range after soaring last week due to its restructuring plans.

Goldman Sachs:

Home Depot:

Intel:  WSJ pC10 "Intel is locked in a slow dance with PCs" by Dan Gallagher says Intel's continued dependence on PCs has Intel looking into acquisitions such as for Altera which stalled last year.  The launch of Windows 10 by Microsoft may not spur many PC sales since Microsoft will make the new op system available as a free upgrade to older PCs.

WSJ pC4 "Rally sends small caps to a record" by Saumya Vaishampayan, USAT p4B "Story stocks"  say US stocks rallied, pushing the Russell 2000 to a record high.  Intel jumped $1.34 as it reported a 3% rise I n net income and is charted under good news.  Oil prices were up and Exxon and Chevron were big gainers.

IBM:

JPMorgan:  FT p13 "Fines fail to spur banks into action on client cash: by Lindsay Fortado says JPMorgan has been fined 33 mil in euros by European regulators.

Johnson & Johnson:

McDonald's:  WSJ pB5 "McDonald's franchisees up in arms" by Annie Gasparro says McDonald's franchisees are upset with McDonald's for raising wages on corp owner store employees.

Merck:

Microsoft:  NYT pA1 "Microsoft cash seen as factor in Google case" by Danny Hakin, NYT pB1 "Challenge to google" by James Kanter, Mark Scott, WSJ pA1 "Europe charges Google over searches"  by Tom Fairless, Rolfe Winkler, Alistair Barr  say Microsoft has links with the 3 initial complainants that sparked the European antitrust investigation into Google.

  WSJ pC10 "Intel is locked in a slow dance with PCs" by Dan Gallagher says Intel's continued dependence on PCs has Intel looking into acquisitions such as for Altera which stalled last year.  The launch of Windows 10 by Microsoft may not spur many PC sales since Microsoft will make the new op system available as a free upgrade to older PCs.

USAT p5B "Surface 3 checks the boxes" by Ed Baig discusses Microsoft's Surface Pro 3.

Nike:

Pfizer:

Procter & Gamble:

3M:

Travelers:

United Technologies:

UnitedHealth:

Verizon:

Visa:

Walmart:

Wednesday's Closing Dow Numbers:

Symbol	Last Sale	Change	% Change	Share Volume	Market
AXP	$79.75	0.26	▲ 0.33%	6,031,500	NYSE
AAPL	$126.78	0.48	▲ 0.38%	28,846,856	NASDAQ-GS
BA	$152.43	0.78	▼ 0.51%	3,683,354	NYSE
CAT	$85.16	2.16	▲ 2.6%	9,613,901	NYSE
CVX	$110.41	1.57	▲ 1.44%	6,680,858	NYSE
CSCO	$28.25	0.44	▲ 1.58%	31,133,902	NASDAQ-GS
KO	$40.4	0.11	▼ 0.27%	11,155,591	NYSE
DIS	$106.98	0.32	▲ 0.3%	4,305,463	NYSE
DD	$72.1	0.16	▼ 0.22%	3,380,928	NYSE
XOM	$88.08	1.45	▲ 1.67%	15,177,246	NYSE
GE	$27.46	0.27	▼ 0.97%	56,374,604	NYSE
GS	$201.1	3.38	▲ 1.71%	5,039,600	NYSE
HD	$113.45	0.60	▼ 0.53%	4,207,874	NYSE
INTC	$32.83	1.34	▲ 4.26%	61,002,264	NASDAQ-GS
IBM	$164.13	1.83	▲ 1.13%	3,495,649	NYSE
JPM	$64.21	1.17	▲ 1.86%	28,712,658	NYSE
JNJ	$100.6	0.08	▲ 0.08%	8,213,414	NYSE
MCD	$96.44	1.14	▼ 1.17%	6,590,521	NYSE
MRK	$58.45	0.69	▲ 1.19%	12,097,782	NYSE
MSFT	$42.255	0.605	▲ 1.45%	27,088,612	NASDAQ-GS
NKE	$99.83	0.30	▲ 0.3%	2,846,407	NYSE
PFE	$35.21	0.18	▲ 0.51%	29,438,027	NYSE
PG	$83.51	0.09	▼ 0.11%	6,765,560	NYSE
MMM	$166.44	0.45	▲ 0.27%	1,995,775	NYSE
TRV	$108.08	0.29	▲ 0.27%	2,055,744	NYSE
UTX	$117.87	0.18	▲ 0.15%	2,774,289	NYSE
UNH	$117.32	2.60	▼ 2.17%	7,266,978	NYSE
VZ	$49.39	0.21	▲ 0.43%	11,052,329	DualListed
V	$65.68	0.15	▲ 0.23%	5,330,835	NYSE
WMT	$79.74	0.41	▼ 0.51%	6,178,301	NYSE

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Here are the current CEOs of the Dow 30 Companies:

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

Apple: Tim Cook (Cupertino, CA)

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 Craig Menear (Atlanta, GA)

Intel INTC Brian M. 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 Steve Easterbrook (Oak Brook, Ill)

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

Microsoft MSFT Satya Nadella (Redmond, WA)

Nike NKE 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)

UnitedHealth UNC Stephen Hemsley (Minnetonka, MN)

United Technologies UTX Greg Hayes (Hartford, CT)

Verizon VZ Lowell McAdam (NY, NY)

Visa V Charles W. Scharf (San Francisco, CA)

Wal-Mart WMT Doug McMillon (Bentonville, ARK)
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Here are the Dow Jones Industrial Average 30 as of 3/22/15  ranked in order of market capitalization in billions:

1. Apple AAPL $733.34
2. Exxon Mobil XOM $354.62
3. Microsoft MSFT 351.78
4. Johnson & Johnson JNJ 284.72
5. Wal-Mart WMT 268.87
6. GE 255.65
7. JPMorgan Chase JPM 229.36
8. Procter & Gamble PG 228.84   
9. Pfizer PFE 209.91
10.  Verizon VZ 205.94
11.  Chevron CVX 201.24
12. Disney 184.28
13. Coke KO 177.49
14. Merck MRK 166.26
15. IBM 160.99
16.  Home Depot HD 153.44 
17. Cisco CSCO 145.18
18. Intel INTC 144.28
19. UnitedHealth UNH 113.62
20.  Boeing BA 108.83 
21.  United Technologies UTX 108.37
22. 3M MMM 105.68 
23. McDonald' s MCD 93.28   
24. Nike NKE 88.10
25. Goldman Sachs GS 87.21
26. American Express AXP 84.29
27. DuPont DD 67.31
28. Caterpillar CAT 49.21
29. Visa V 42.35
30. Travelers TRV 35.26
****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 3/22/15  for the prior 90 day period:

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

American Express AXP:
3/16/15 8K re: delinq. & write-off stats for 3 mos. thru 2/15/15
3/11/15 8K re: increase of quarterly dividend & repurchase of up to $6.6 of shares
3/2/15 8K re: issuance of preferred shares
2/24/15 10K re: FY ended 12/31/14
2/17/15 8K re: delinq. & write-off states for 3 months thru 1/15
2/12/15 8K re: end of exclusive deal w/Costco
1/21/15 8K re: 4Q & FY '14 earnings
1/15/15 8K re: delinq. & write-off delinq. stats. for 3 mos ended 12/31/14.

Apple AAPL:
3/13/15 8K re: amdmt. to employee stock purchase plan
2/9/15 8K re: issuance of notes
1/28/15 8K re: change to fin'l stmts due to change of reporting
1/28/15 10Q & 1/27/15 8K re: Qtr. ended 12/27/14
1/22/15 2 14A Proxies re: Annual Mtg of Shareholders on 3/10/15 at 9 am at HG at Cupertino, CA

Boeing BA:
3/13/15 14A Def. Proxy re: Annual Shareholders Mtg on 4/27/15 at 9 am at Field Museum, Chicago
2/20/15 8K re: issuance of senior notes
2/12/15 10K & 1/28/15 8K re: FY ended 12/31/14
2/10/15 8K re: retirement of Linda Z. Cook from Board
1/27/15 8K re: 4Qtr fin'l results

Caterpillar CAT:
3/19/15 8K re: sales thru 2/15
2/19/15 8K re: sales thru 1/15
2/17/15 & 1/27/15 8K re: FY ended 12/31/14
1/27/15 8K re: 4Qtr fin'l results
1/26/15 8K re: 3 mos ended 12/31/14 retail sales stats

Chevron CVX:
3/3/15 8K re: issuance of Floating Rate Notes
2/20/15 10K & 1/30 8K re: FY ended 12/31/14
2/3/15 8K re: election of Jeanette L. Ourada, Corp. VP & Comptroller
1/30/15 8K re: 4Qtr fin'l results

Cisco CSCO:
3/19/15 8K re: exec pre-arranged stock trading plan
2/18/15 & 2/11/15 8K re: 2Qtr ended 1/24/15

Coke KO:
3/2/15 Def. 14A Proxy re: Annual Mtg of Shareholders 11 am, Cobb Galeria Centre, Atlanta
3/10/15 & 3/3/15 8Ks re: issuance of Floating Rate Notes
2/25/15 10K & 2/10/15 8K re: FY ended 12/31/14
2/20/15 8K re: retirement from Board of James D. Robinson & Peter V. Ueberroth
2/18/15 8K re: Amdmt to employee stock option plans

Disney DIS:
3/13/15 8K re: voting results of 3/12 Annual Shareholders Mtg
2/11/15 Def14A re: shareholder proposals
2/5/15 8K re: Agreement for COO Thomas O. Stagg
2/3/15 10Q & 2/3/15 8K re: Qtr ended 12/27/14
1/16/15 Def. 14A Proxy re: Annual Mtg. of Shareholders at 10 am 3/12/15 at Palace of Fine Arts, SF

DuPont DD:
3/17/15 - 3/19/15 Def. Proxy 14A re: Trian's proposal to add Directors
2/5/15 8K re: election to Board of Edward D. Breent & James L. Gallogly
2/5/15 10K & 1/27/15 8K re: FY ended 12/31/14
1/27/15, 1/15/15, 1/14/15, 1/13/15, 1/9/15 (five) 14A Proxy: re: Nelson Peltz's Trian's proposal to break-up DuPont
1/12/15 8K re: 4Qtr fin'l results

ExxonMobil XOM:
3/10/15 8K re: 3/4/15 analyst meeting
3/6/15 8K re: issuance of Floating rate Notes
2/25/15 10K & 2/24/15 8K & 2/2/15 8K re: 10K for FY ended 12/31/14

GE:
3/10/15 def. 14A Proxy re: Shareholder Mtg 4/22/15 10am at Cox Conv. Ctr. Oklahoma City
2/27/15 10K re: FY ended 12/31/14
2/11/15 8K re: Amdmt By-laws re: proxy access by 3% holders
1/23/15 8K re: 4Qtr fin'l results

Goldman Sachs GS:
3/11/15 8K re: revised '15 Capital Plan
3/9/15 8K re: retirement from Board of Claes Dahlback
2/23/15 10K & 1/16/15 8K re: FY ended 12/31/15
2/8/15 8K re: issuance of Floating Rate Notes
1/23/15 8K re: issuance of notes
1/16/15 8K re: 4Qtr fin'l results

Home Depot HD:
2/24/15 8K re: FY & Qtr ended 2/1/15
1/16/15 8K re: replacement of Chairman of Board Francis S. Blake with Craig A. Menear

Intel INTC:
3/12/15 8K re: 1Qtr guidance
2/13/15 10K & 1/15/15 8K re: FY ended 12/27/14
1/15/15 8K re: fin'l results of 4Qtr ended 12/27

IBM:
3/19/15 Def. Proxy  14A Stockholders Annual Mtg at 10 am 4/.28/15 at Statehouse Conv. Ctr., Little Rock, Ark & nomination of Alex Gorsky, CEO, Johnson & Johnson & Peter R. Voser to Board
2/24/15 10K & 1/20/15 8K re: FY ended 12/31/14
2/5/15 8K re: issuance of debt securities
1/30/15 8K re: compensation amounts for execs for 2014
1/21/15 & 1/20/15 8Ks re: 4Qtr ended 12/31/14 fin'l results
1/7/15 8K re: exec promotions and amendment to bylaws to increase Board to 14 & election of Peter R. Voser to Bd

JPMorgan Chase JPM:
3/20/15 8K & 3/6/15 8K re: redemption of Bear Stearn Notes
3/6/15 8K re: release of '15 Dodd-Frank Act Stress Test results
2/27/15 8K re: redemption of Capital securities
2/25/15 8K re: 2/24/15 Investor Day Conf.
2/24/15 10K for FY ended 12/31/14
2/17/15 8K re: redemption of notes
2/12/15 8K re: issuance of Preferred Shares
1/23/15 8K re: closing of note offering

Johnson & Johnson JNJ:
3/11/15 Def. 14A Proxy for Annual shareholder Mtg a 10:30 am on 4/23/15 at State Theatre, New Brunswick, NJ
3/2/15 8K re: sale of Cordis Business for $1.99 bil to Cardinal Health
2/24/15 10K for FY ended 12/28/14
1/20/15 8K re: 4Qtr ended 12/28/14 fin'l results

McDonald's MCD:
3/20/15 8K re: stock award to execs
3/9/15 8K re: Feb. global sales
3/3/15 8K & 2/3/15 8K re: election of Stephen Easterbrook as CEO
2/24/15 10K for FY ended 12/31/14
2/10/15 8K re: Global sales for Jan.
2/4/15 8K re: TRC mini-tender offer
1/23/15 8K re: 4Qtr ended 12/31/14 fin'l results

Merck MRK:
2/27/15 10K & 2/4/15 8K re: FY ended 12/31/14
2/10/15 8K re: issuance of Floating rate Notes

Microsoft MSFT:
2/12/15 8K re: issuance of notes
1/26/15 10Q & 1/26/15 8K re: fin'l results for qtr ended 12/31/14

Nike NKE:
3/19/15 8K for Qtr ended 2/28/15
2/12/15 8K re: election & retirement of VPs
1/7/15 10Q & 12/2214 8K re: results of qtr ended 11/30

Pfizer PFE:
3/12/15 Def. 14A Proxy re: 4/23/15 Annual Shareholder Mtg at Short Hills, NJ
2/27/15 10K & 1/27/15 8K re: FY ended 12/31/15
2/10/15 8K re: $5 bil share buyback program
2/6/15 8K re: purchase of Hospira, Inc.
11/6/14 10Q for quarter ended 9/28/14
11/6/14 10Q & 10/28/14 8K re: 3Qtr ended 9/28/14

Procter & Gamble PG:
2/19/15 8K re: Consumer analysts Group conf. on 2/19/15
2/10/15 8K re: appointment of ex-Home depot CEO Frank S. Blake to Board
1/27/15 10Q & 1/27/15 8K re: 2Qtr ended 12/31/14 fin'l results
1/13/15 8K re: quarterly div. of 0.6436 cents payable 2/17 to record holders as of close of business

3M MMM:
2/23/15 8K purchase of Polypore's separation Media business
2/12/15 10K & 1/27/15 8K re: FY ended 12/31/14
1/31/15 8K re: 4Qtr fin'l results

Travelers TRV:
2/12/15 10K re: FY ended 12/31/14
1/22/15 8K re: qtr ended 12/31/14 fin'l results

United Technologies UTX:
3/13/15 Def. 14A Proxy re: Annual Mtg of Shareholders on 3/2/15 2pm at PGA Nat'l Resort, Palm Beach Gardens, FL
3/1/13/15 8K re: repurchase of $2.6 bil of stock
2/5/15 10K for FY ended 12/31/15
3/12/15 8K re: reviewing possible spin-off of Sikorsky Aircraft Business
1/26/15 8K re: 4Qtr fin'l results
1/23/15 8K re: separation agreement for ex-CEO Louis Chenevert
1/15/15 8K re: departure of exec Alain M. Bellemare

UnitedHealth Group UNH:
3/6/15 8K re: Barclays Global Healthcare Conf on 3/10 in Miami
2/17/15 8K re: exec. comp. changes
2/10/15 10K re: FY ended 12/31/14
2/6/15 8K re: Leenik Global Healthcare Conf. on 2/11
1/21/15 8K re: 4Qtr fin'l results

Verizon Communications Inc. VZ:
3/12/15 8K & 2/26/15 8K & 2/25/15 8K 2/12/15 8K re: results of exchange offer
2/23/15 10K re: FY ended 12/31/14
2/18/15 8K re: EVP changes
2/5/15 8K re: election of Mark T. Bertolini to Board
2/5/15 8K re: sale of assets, purchase of wireless towers & $5 bil stock buybacks
1/30/15 8K re: results of bidding for AWS-3 spectrum licenses in FCC auction
1/22/15 & 1/16/15 8Ks re: 4Qtr fin'l results
1/14/15 8K re: retirement from Board of Robert W. Lane

Visa V:
2/27/15 8K & two 1/29/15 8Ks: re: amd. by-laws to allow 4 for 1 stock splits
2/2/15 8K re: exec. changes
1/29/15 10Q & 1/29/15 8K re: 1Qtr ended 2/31/14 fin'l results
1/29/15 8K, 1/21/15 Proxy & 1/14/15 Proxy  re: amendment of Cert of Incorp. for stock split
1/28/15 8K re: dividend of 48 cents payable 3/3 for record holders on 2/13

WalMart WMT:
2/19/15 8K re: 4Q results
12/16/14 8K re: latest ruling re: class action lawsuit in Phil for underpaying employees - Braun/Hummel v. Walmart

NO MAS