Monday, September 6, 2010

9/6/10 Mon/Sun/Sat Chev, Cat'p'r, Disney, McDonald Favored in Barron's

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Post No. 624 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, a ranking of the Dow 30 components by market capitalization as of 8/17/10 and an update of the Dow 30 component's SEC filings as of 8/17/10.

A read of 9/6/10 issue of Barron's, Sunday and Sat's New York Times, Saturday's Wall St. Journal & Financial Times, Mon, Sun & Sat's Atlanta Journal Constitution & Sept 3 - 9, 2010 Atlanta Business Chronicle 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 symbol and Friday's stock prices and related data.

Dow:The Dow Jones Industrial Average closed Friday at 10,447.93 up 127.83 or 1.24% from Thursday's close of 10,320.19.47. For the week the Dow is up297.28 or 2.93% from last Friday's close of 10,150.65. For the year the Dow is up 1.99%. Of the 30 Dow Companies: all 0 gained and none declined. The biggest gainer dollar-wise was IBM $127.58+ 2.54 2.03% 5,144,355 NYSE and percentage-wise was NYSE. The biggest decliner dollar-wise was NYSE and percentage-wise was Cisco CSCO $21.04 +0.52 2.53% 54,485,164 NASDAQ-GS NYSE.

WSJ pB1 "Blue chips snap a 3 week skid, erasing much of a dismal Aug" by Jonathan Cheng & Kirstina Peterson says investors sailed into the long weekend on a hihg note as a better than expected jobs report boosted stocks to a 4 day run that has erased almost all of Aug's slump.

WSJ pB2 "Caterpillar, IBM lead gains" by Donna Yesalavich says stocks climbed with JP Morgan Chase, Caterpillar & IBM leading the charge as a better than expected jobs report for Aug helped the market snap a 3 week losing streak. All 30 of the Dow firms rose with JPMorgan being the best performer with an increase of 2.7% while Caterpillar was up 2.3% and IBM was up 2%. Walt Disney tacked on 76 cents.

Sat. NYT pB6 "Wall St finishes higher for the week" by Christine Hauser says indexes on Wall St ended the week higher propelled by a better than expected report on the nation's job market.

As of the close of the market Friday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132129493, the trailing P/E ratio is 14.10 up from Friday's open of 13.92 (year ago it was 15.23) the P/E estimate is 12.50 up from Friday's 12.02 (year ago it was 14.91) and the current dividend yield is 2.69 down from Friday's 2.72 (it was 3.00 a year ago). 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.

Friday's Dow Jones Industrial Average closing numerator was 1,380.48 up 16.89 from Thursday's closing numerator of 1,363.59. 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 of 16.98 for Friday by the divisor (0.132129493) you get the increase in Friday's Dow of 127.83. A $1 change in the price of any DJIA stock = a 7.56 change in the average.

The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was $46.02 up 0.57 from Thursday's Dow Jones Industrial Average average closing price of $45.45. The median closing price of Friday's Dow Jones Industrial Average was $41.07 (AXP/HPQ) up 0.79 from Thursday's Dow Jones median price of $40.28. The lowest volume was 3M MMM $83.48 +1.61 1.97% 2,939,611 NYSE and the highest volume again was Bank of America BAC $13.5 +0.22 1.66% 141,624,900 NYSE.

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 $1,689 ($138,048 - $136,359).

MarketWatch 9/3/10 Friday 4:24 pm by Kristina Peterson & Johnathan Cheng says investors pushed stocks up for the fourth day in a row, sailing into the long weekend on a high note as an encouraging jobs report sent stocks to their best pre-Labor Day week in two decades. The Dow Jones Industrial Average (DJIA 10,448, +127.83, +1.24%) finished up 127.98 points, or 1.24%, to 10447.93, putting the Dow up 2.9% on the week -- its first positive weekly showing since the beginning of August. The Dow also edged back into positive territory for the year. The market leaped after nonfarm payrolls data showed jobs slowing at half the rate predicted by economists. The Labor Department said the U.S. lost 54,000 jobs last month, about half of what economists had expected and matching the level of revised losses recorded the previous month. The unemployment rate, calculated using a separate household survey, edged up to 9.6%, as expected, from 9.5% for the previous two months. The Nasdaq Composite (COMP 2,234, +33.74, +1.53%) rose 1.53% to 2233.75, up 3.7% on the week. The Standard & Poor's 500-stock index (SPX 1,105, +14.41, +1.32%) tacked on 1.32% to 1104.47, putting its advance for the week at 3.7%. Goldman Sachs Group (GS 147.36, +0.07, +0.05%) rose 5.4% as financial stocks led the day's and week's gains. Morgan Stanley (MS 26.61, -0.05, -0.19%) gained 3.8%, J.P. Morgan Chase (JPM 39.16, -0.01, -0.03%) added 2.7% and Genworth Financial (GNW 12.03, +0.68, +5.99%) advanced 6%. Friday's jobs numbers followed recent reports on manufacturing and housing that also came in above expectations, extending a notable reversal from a long string of disappointing data that had driven the Dow's biggest August drop since 2001. Volume was light, with about 3.6 billion shares changing hands in NYSE composite trading, short of 2010's daily average of about five billion shares. The strong start to the month comes as investors have been encouraged that a double-dip recession may be avoided. But the economic recovery still looks weak; data released Friday by the Institute for Supply Management showed a slowing expansion in the U.S. nonmanufacturing sector last month. The U.S. Dollar Index 0 (DXY 82.02, -0.45, -0.54%) , reflecting the U.S. currency against a basket of six others, declined 0.5%. Treasurys slipped, pushing the yield on the 10-year note (UST10Y 2.71, +0.09, +3.31%) up to 2.71%. Crude-oil futures dropped to $74.34 a barrel, while gold futures also slipped. On the deals front, Goldcorp (GG 42.88, +0.04, +0.09%) slipped 2.3% after the gold miner agreed to acquire all outstanding shares of Andean Resources (CA:AND 6.98, +2.17, +45.11%) for $3.4 billion. Andean's principal asset is the Cerro Negro gold project located in Argentina. Shares of Take-Two Interactive Software Inc. (TTWO 9.48, -0.02, -0.21%) rallied 10% after the company reported an unexpected quarterly profit and said it expects a fiscal-year profit. Tax-preparation company H&R Block Inc. (HRB 13.40, +0.10, +0.75%) climbed 5.8% after reporting a smaller-than-expected loss from continuing operations. Campbell Soup Co. (CPB 36.22, +0.01, +0.03%) slipped 2.4% after its fiscal fourth-quarter earnings jumped 64% on prior-year write-downs, but revenue at its soup business weakened.

Friday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market


AT&T T $27.44 +0.04 0.15% 23,177,851 NYSE: Barron's pM5 "Awaiting a call from Deutsche Telekom" by Vito J. Racanelli says T-Mobile has settled into a comfortable No. 4 in the US market behind Verizon Wirelss, AT&t and Sprint Nextel. its parent, Deutsche Telekom will have to decide in the next year whether to sell it or keeping it and spending enough to compete against faster offerings coming from rivals.

Alcoa AA $10.88 +0.05 0.46% 16,634,520 NYSE: No mentions found.

American Express AXP $41.8 +0.92 2.25% 10,887,663 NYSE: No mentions found.

Bank of America BAC $13.5 +0.22 1.66% 141,624,900 NYSE: No mentions found.

Boeing BA $64.64 +1.25 1.97% 3,471,592 NYSE: No mentions found.

Caterpillar CAT $70.08 +1.54 2.25% 7,837,604 NYSE: Barron's p23 "Hoping for the best" by Kopin Tan says US firms are lining up to take advantage of rock bottom interest rates. Following the lead of IBM and McDonald's they have been issuing bonds with negligible yields to raise capital that can be used to expand their businesses, buy back shares and pay dividends. David Kostin of Goldman Sachs suggests buying stocks of firms with low operating leverage, since a sluggish economy will make it harder for firms to increase their rev. The profits and amrgins of firms with low operatring leverage are more immune to shrinking if and when rev projections are cut. The average operating leverage of the 25 firms in his basket of such stocks is just 42% of the S&P 500 and the only Dow firm listed is Diseny. Henry McVey of Morgan Stanley says most banks are still de-levering and hoarding Treasuries and that the ongoing grab for yield will continue. He likes stocks that can deliver both yield and growth such as Caterpillar, Chevron and McDonald's.

WSJ pB2 "Caterpillar, IBM lead gains" by Donna Yesalavich says stocks climbed with JP Morgan Chase, Caterpillar & IBM leading the charge as a better than expected jobs report for Aug helped the market snap a 3 week losing streak. All 30 of the Dow firms rose with JPMorgan being the best performer with an increase of 2.7% while Caterpillar was up 2.3% and IBM was up 2%. Walt Disney tacked on 76 cents.

Chevron CVX $78 +0.55 0.71% 7,197,605 NYSE: Barron's p23 "Hoping for the best" by Kopin Tan says US firms are lining up to take advantage of rock bottom interest rates. Following the lead of IBM and McDonald's they have been issuing bonds with negligible yields to raise capital that can be used to expand their businesses, buy back shares and pay dividends. David Kostin of Goldman Sachs suggests buying stocks of firms with low operating leverage, since a sluggish economy will make it harder for firms to increase their rev. The profits and amrgins of firms with low operatring leverage are more immune to shrinking if and when rev projections are cut. The average operating leverage of the 25 firms in his basket of such stocks is just 42% of the S&P 500 and the only Dow firm listed is Diseny. Henry McVey of Morgan Stanley says most banks are still de-levering and hoarding Treasuries and that the ongoing grab for yield will continue. He likes stocks that can deliver both yield and growth such as Caterpillar, Chevron and McDonald's.

Cisco CSCO $21.04 +0.52 2.53% 54,485,164 NASDAQ-GS: WSJ pB16 "Seeds for Apple tv in Wash" by Martin Peers says it is a puzzle why Apple is persisting with Apple TV which lets people rent movies and TV shows via the Internet and watch them on the tv since it hasn't been a hit due to the problems of breaking into the TV set top box market. Most boxes used by in the US are made by Cisco or Motorola which sell directly to cable operators who lease the boxes to customers. Alternative boes like Apple TV can't be used for watching cable service. Verizon Comm plans next year to offer its FIOS TV service on blu-ray DVD players and game consoles, which already offer online video.

Coca-Cola KO $57.56 +0.18 0.31% 7,433,809 NYSE: Atl Bus Chron p1A "Coke/CCE deal: John Brock on what it means for Atlanta" by maria Saporta says once the Coca-Cola completes its $13 bil acquisition of Coca-Cola Enterprises, CCE will go from 70,000 employees to 13,000 employees but it will still be based in Atlanta. The new CCE will be an entirely western European business according to John Brock the CEO of CCE.

Walt Disney DIS $34.67 +0.76 2.24% 8,473,757 NYSE: Barron's p23 "Hoping for the best" by Kopin Tan says US firms are lining up to take advantage of rock bottom interest rates. Following the lead of IBM and McDonald's they have been issuing bonds with negligible yields to raise capital that can be used to expand their businesses, buy back shares and pay dividends. David Kostin of Goldman Sachs suggests buying stocks of firms with low operating leverage, since a sluggish economy will make it harder for firms to increase their rev. The profits and amrgins of firms with low operatring leverage are more immune to shrinking if and when rev projections are cut. The average operating leverage of the 25 firms in his basket of such stocks is just 42% of the S&P 500 and the only Dow firm listed is Diseny. Henry McVey of Morgan Stanley says most banks are still de-levering and hoarding Treasuries and that the ongoing grab for yield will continue. He likes stocks that can deliver both yield and growth such as Caterpillar, Chevron and McDonald's.

WSJ pB2 "Caterpillar, IBM lead gains" by Donna Yesalavich says stocks climbed with JP Morgan Chase, Caterpillar & IBM leading the charge as a better than expected jobs report for Aug helped the market snap a 3 week losing streak. All 30 of the Dow firms rose with JPMorgan being the best performer with an increase of 2.7% while Caterpillar was up 2.3% and IBM was up 2%. Walt Disney tacked on 76 cents.

DuPont DD $42.51 +0.42 1% 6,967,330 NYSE: No mentions found.

ExxonMobil XOM $61.32 +0.26 0.43% 21,984,887 NYSE: No mentions found.

GE $15.3925 +0.2425 1.6% 64,341,094 NYSE: No mentions found.

Hewlett-Packard HPQ $40.34 +0.66 1.66% 18,115,294 NYSE: Sun AJC pD3 "High bidding duel shows where HP, Dell fall behind" by Jordan Robertson, AP says the showdown over 3Par revealed mroe about HP & Dell and the changing tech landscape than it did about the innovations 3Par brings to the table. It shows how far behind HP and Dell are in storage, not how good an asset 3 Par is.

Barron's "Week Reveiw" p 10 Barron's pM2 charts Hewlett-Packard, say Hewlett Packard approved $10 bil share repurchase program and also 3Par accepted its $33 a share bid.

Mon NYT pB1 "For Ex-Chief of HP, talk of a move to Oracle" byMiguel HelftBarron's p30 "Will Hurd succeed Ellison?" by Mark Veverka say Hewlett-packard ex-CEO Mark Hurd could be a good fit to succeed Larry Ellison as Oracle CEO.

Fin Times p9 "HP says cost for tech deal worth it" by Joseph Menn says Hewlett-Packard's victory over Dell this week for 3Par, should secure its lead over its long term rival, Dell, in the increasingly important data storage segment. Its offer of $33 a sahre beat Dell's $32.

Home Depot HD $29.85 +0.44 1.5% 12,769,751 NYSE: No mentions found.

Intel INTC $18.43 +0.15 0.82% 59,143,155 NASDAQ-GS: No mentions found.

IBM $127.58+ 2.54 2.03% 5,144,355 NYSE: Mon NYT pB5 "IBM's appraochto stroage" by Steve Lohr says IBM looked at 3Par but instead bought an Israeli clustered storage specialist, XIV.

Barron's pM10 "3D filings" says Unica is being acquied by IBM for $21 a share.

Barron's p23 "Hoping for the best" by Kopin Tan says US firms are lining up to take advantage of rock bottom interest rates. Following the lead of IBM and McDonald's they have been issuing bonds with negligible yields to raise capital that can be used to expand their businesses, buy back shares and pay dividends. David Kostin of Goldman Sachs suggests buying stocks of firms with low operating leverage, since a sluggish economy will make it harder for firms to increase their rev. The profits and amrgins of firms with low operatring leverage are more immune to shrinking if and when rev projections are cut. The average operating leverage of the 25 firms in his basket of such stocks is just 42% of the S&P 500 and the only Dow firm listed is Diseny. Henry McVey of Morgan Stanley says most banks are still de-levering and hoarding Treasuries and that the ongoing grab for yield will continue. He likes stocks that can deliver both yield and growth such as Caterpillar, Chevron and McDonald's.

WSJ pB2 "Caterpillar, IBM lead gains" by Donna Yesalavich says stocks climbed with JP Morgan Chase, Caterpillar & IBM leading the charge as a better than expected jobs report for Aug helped the market snap a 3 week losing streak. All 30 of the Dow firms rose with JPMorgan being the best performer with an increase of 2.7% while Caterpillar was up 2.3% and IBM was up 2%. Walt Disney tacked on 76 cents.

JPMorgan Chase JPM $39.17 +1.01 2.65% 34,135,589 NYSE: Barron's "Week Review" p10, WSJ pB3 "Goldman to close prop trading unit" by Matthias Rieker says Goldman Saches is following JP Morgan's decision this week and will close its proprietary trading business in the wake of fin'l overhaul regulation passed by Congress, as the Dodd-Frank bill restricts such operations.

Barron's "Week Preview" says on Tues 9/7/10 a Del. bankruptcy court holds a hearing on JPMorgan's takeover of WaMu.

WSJ pB2 "Caterpillar, IBM lead gains" by Donna Yesalavich says stocks climbed with JP Morgan Chase, Caterpillar & IBM leading the charge as a better than expected jobs report for Aug helped the market snap a 3 week losing streak. All 30 of the Dow firms rose with JPMorgan being the best performer with an increase of 2.7% while Caterpillar was up 2.3% and IBM was up 2%. Walt Disney tacked on 76 cents.

Johnson & Johnson JNJ $58.93 +0.32 0.55% 7,533,329 NYSE: No mentions found.

Kraft KFT $30.58 +0.23 0.76% 7,535,087 NYSE: No mentions found.

McDonald's MCD $75.09 +0.07 0.09% 7,331,244 NYSE: Barron's "Week Preview" says on Thurs 9/9/10 McDonald's reports Aug sales.

Barron's p23 "Hoping for the best" by Kopin Tan says US firms are lining up to take advantage of rock bottom interest rates. Following the lead of IBM and McDonald's they have been issuing bonds with negligible yields to raise capital that can be used to expand their businesses, buy back shares and pay dividends. David Kostin of Goldman Sachs suggests buying stocks of firms with low operating leverage, since a sluggish economy will make it harder for firms to increase their rev. The profits and amrgins of firms with low operatring leverage are more immune to shrinking if and when rev projections are cut. The average operating leverage of the 25 firms in his basket of such stocks is just 42% of the S&P 500 and the only Dow firm listed is Diseny. Henry McVey of Morgan Stanley says most banks are still de-levering and hoarding Treasuries and that the ongoing grab for yield will continue. He likes stocks that can deliver both yield and growth such as Caterpillar, Chevron and McDonald's.

Merck MRK $35.59 0.24 0.68% 11,505,300 NYSE: No mentions found.

Microsoft MSFT $24.29 +0.35 1.46% 64,189,016 NASDAQ-GS: WSJ pB1 "Texas AG probing Google's searches" by Amir Efrati & NYT pB3 "Texas investigates whether Google is distorting search results" by Claire Cain Miller say there are allegations that Google may be discriminating against giving firms high placement in search results for competitive reasons such as if the websites have ties to Microsoft.

Pfizer PFE $16.46 +0.06 0.37% 33,007,771 NYSE: Barron's p12 "Follow-Up" by Andrew Bary says big dug firms seem to believe that mergers are the answer to their problems, even though the stocks of the most acquisitive firms, notable Pfizer, have performed poorly and command some of the lowest price/earnings multiple in the out-of-favor sector. The article focus on Sanofi Aventis' hostile offer to buy US biotech Genzyme for $69 a share.

Procter & Gamble PG $60.29 +0.22 0.37% 8,973,138 NYSE: No mentions found.

3M MMM $83.48 +1.61 1.97% 2,939,611 NYSE: No mentions found.

Travelers TRV $51.03 +0.81 1.61% 3,405,604 NYSE: No mentions found.

United Technologies UTX $68.26 +0.82 1.22% 4,315,904 NYSE: No mentions found.

Verizon VZ $30.2 +0.09 0.3% 20,987,445 Dual Listed: Barron's pM5 "Awaiting a call from Deutsche Telekom" by Vito J. Racanelli says T-Mobile has settled into a comfortable No. 4 in the US market behind Verizon Wirelss, AT&t and Sprint Nextel. its parent, Deutsche Telekom will have to decide in the next year whether to sell it or keeping it and spending enough to compete against faster offerings coming from rivals.

WSJ pB6 "T-Mobile in talks to carry Hauwei smartphone" by Spencer E. Ante & Paul Ziobro says Huawek Tech, A Chinese firm may team up with T-Mobile to distribute Hauwei's new Google powered smartphone this holdiay season which wild be a cheaper option han the Apple iPhone or Verizon Wireless' Droid line up.

WSJ pB16 "Seeds for Apple tv in Wash" by Martin Peers says it is a puzzle why Apple is persisting with Apple TV which lets people rent movies and TV shows via the Internet and watch them on the tv since it hasn't been a hit due to the problems of breaking into the TV set top box market. Most boxes used by in the US are made by Cisco or Motorola which sell directly to cable operators who lease the boxes to customers. Alternative boes like Apple TV can't be used for watching cable service. Verizon Comm plans next year to offer its FIOS TV service on blu-ray DVD players and game consoles, which already offer online video.

WalMart WMT $52.04 +0.28 0.54% 9,614,624 NYSE: No mentions found.

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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. (Cyhicago, 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 Cathie Lesjak (Interim) (Palo, Alto, CA)
Home Depot HD Frank Blake (Atlanta, GA)
Intel INTC Paul S. Otellini (Santa Clara, CA)
IBM Samuel J. Palmisano (Armonk, NY)
JPMorgan Chase JPM Jamie Dimon (NY, NY)
Johnson & Johnson JNJ William C. Weldon (New Brunswick, NJ)
Kraft KFT Irene Rosenfeld (Northfield, Ill.)
McDonald's MCD Jim Skinner (Oak Brook, Ill)
Merck MRK Richard Clark (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
Pfizer PFE Jeffrey Kindler (NY, NY)
Procter & Gamble PG Bob McDonald (Cincinnati, OH)
3M MMM George W. Buckley (St. Paul, MN)
Travelers TRV Jay S. Fishman (NY, NY)
United Technologies UTX Louis Chenevert (Hartford, CT)
Verizon VZ Ivan Seidenberg (NY, NY)
Wal-Mart WMT Mike Duke (Bentonville, ARK)

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest 1/2 billion as of 8/17/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $307.5 [5]
2. Microsoft MSFT 217 [9]
3. WalMart WMT 190 [3.5]
4. Procter & Gamble PG 170.5 [3]
5. GE 166 [10.5]
6. IBM 161.5 [1]
7. Johnson & Johnson JNJ 161.5 [3]
8. AT&T 158.5 [6]
9. Chevron CVX 155 [2]
10. JPMorgan Chase 149.5 [4]
11. Pfizer PFE 130 [8]
12. Coke KO 128 [2.5]
13. Bank of America BAC 133 [10]
14. Cisco CSCO 125.5 [6]
15. Intel INTC 109.5 [5.5]
16. Merck MRK 107.5 [3]
17. Hewlett-Packard HPQ 95 [2.5]
18. Verizon VZ 89.5 [3]
19. McDonald's MCD 77 [1]
20. United Technologies UTX 65 [1]
21. Disney DIS 64 [2]
22. 3M MMM 59 [.5]
23. American Express AXP 50 [1]
24. Kraft KFT 51 [2]
25. Boeing BA 47.5 [1]
26. Home Depot 47 [1.5]
27. Caterpillar CAT 44 [.5]
28. DuPont DD 37 [1]
29. Travelers 23.5 [.5]
30. Alcoa AA 11 [1]

Here are the latest SEC filings as of 8/17/10 other than ownership filings, registration of shares for employee benefit plans, free writing prospectuses and third party shareholder proposals:

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

AT&T T: 8/6/10 10Q re: 2Q results 6/30/10
8/4/10 8K re: offer to exchange New Cingular Wireless Notes
7/30/10 8K re: sale of 2.5% Global Notes due '15
7/22/10 8K re: 2Q earnings
6/25/10 8K: re: amendments to employee compensation plans.
5/24/10 8K: re: sale of its Sterling Commerce subsidiary to IBM for $1.4 billion in cash.

Alcoa AA: 8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes
7/27/10 8K re: offering of 6.15% notes due '20
7/23/10 8K re: election of Tony Theme CFO Engineered Products & Graeme Bottger, Controller

American Express AXP: 8/16/10 2 8Ks re: delinquency and write-off statistics
8/5/10 10Q 2Q results 6/30/10
7/22/10 8K 2Q results

7/21/10 8K re: Personnel changes & Board of Dir. elections

7/15/10 8K Delinquency & write-off statistics through 6/30/10

Bank of Am BAC: 8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments
7/27/10 8K re: issuance of Euro Medium Term Notes
7/22/10 8K re: impairment resulting from fin'l reform legislation passed by Congress

Boeing BA: 7/28/10 10Q 2Q 6/30/10
7/28/10 8K re 2Q results
6/10/10 8K re: election of Edward M. Liddy to Board of Dirs. & Audit & Fin. Committees. By-laws were amended to increase number of directors from 12 to 13.
4/28/10 8-K re: results of its Annual Meeting of Shareholders on April 26, 2010

Caterpiller CAT: 7/30/10 10Q 1Q 6/30/10
7/22/10 8K (two of them) dealing with 4Q results for period ending 6/30/10
7/22/10 8K: re: dealer statistics
6/18/10 8K re: dealer statistics.
6/17/10 8K re: plans to produce a full range of mining shovels and increase dump truck production.
/11/10 8K re: as previously announced, Board elected Douglas R. Oberhelman as CEO effective 8/1/10.
6/11/10 8K re: results of 6/9 annual meeting of shareholders.
6/1/10 8K re: purchase of Electro-Motive Diesel, Inc. for $820 million in cash from Berkshire Partners LLC and Greenbriar Equity Group LLC.
5/28/10 8K re: retirement of David B. Burritt, VP & CFO as of 6/1/10.

Chevron CVX: 8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
7/12/10 8K re: updated on 2Q results
6/2/10 8K re: results of 5/26/10 vote at annual meeting for election of Directors & other matters.

Cisco CSCO 8/11/10 8K re: 4Q results fiscal year 7/31/10
6/29/108K 6/29/10 10b5-1 re: stock trading plans adopted by insiders

Coke KO 8/2/10 10Q 2Q 7/2/10
7/30/10 8K re: refiling of hart-Scott-Rodino filing re: acquisition of Coca-Cola Enterprises
7/21/10 8K re: 2Q results

Disney DIS 8/10/10 10Q 3Q 6/27/10
8/10/10 8K re: 3Q results

DuPont DD: 7/27/10 10Q 2Q 6/30/10
7/27/10 8K re: 2Q results
4/29/10 8K re: voting results from annual meeting held on 4/28/10.

ExxonMobil XOM: 8/4/10 10Q 2Q 6/30/10
7/29/10 8K re: 2Q results
6/25/10 8K re: completion of its acquisition of XTO Energy Inc.
6/1/10 8K re: voting results from 5/26/10 Annual Meeting of Shareholders

GE: 8/2/10 10Q 1Q 6/30/10
7/16/10 8K re: 2Q reports
6/16/10 8K re; election of James S. Tisch to Board of Directors. He is Pres. & CEO of Loew's.

Hewlett-Packard HPQ: 8/6/10 8K re: resignation of Mark V. Hurd as chairman, CEO, Pres
8/2/10 8K re: settleemnt with US Dept. of Justice re: Rille Complaint
6/8/10 8K re: 10Q
6/1/10 10Q
6/1/10 8K re: plans to invest $1 billion in its enterprise services business to enhance client experience and better position the business for growth.

Home Depot HD: 8/17/10 8K re: 2Q results 8/1/10
6/3/10 10Q
5/25/10 8K re: voting results from 5/20/10 annual meeting of shareholders.

Intel INTC: 8/4/10 8K re: antitrust settlement with US Dept. of Justice
7/30/10 10Q 2Q 6/26/10
7/22/10 8K re: agreement with FTC to delay antitrust case while settlement talks continue.
7/16/10 8K re: Intel's interest in SMART Technologies Inc. which did an IPO.
7/14/10 8K re: CFO commenting on 2Q results.
7/13/10 8K re: 2Q results.
6/22/10 8K re: agreed upon suspension of FTC admin. proceedings while settlement discussions are held.
5/21/10 8K re: voting results from 5/19/10 annual meeting of stockholders.
5/12/10 8K re: info provided at an Investor meeting by Paul S. Otellini, Pres. & CEO.
5/7/10 8K re: Micron Technology, Inc. completed its acquisition of Numonyx Holdings BV & issued shares of common stock to Numonyx shareholders.

IBM: 8/4/10 8K re: issuance of $1.5 bil of debt
7/27/10 10Q 2Q 6/30/10
7/20/10 8K re: 2Q earnings presentation.
7/19/10 8K re: 2Q results ending 6/30/10.

JPMorganChase JPM: 8/6/10 10Q 2Q 6/30/10
7/22/10 8K re: completion of public offering of debt issues.

Johnson & Johnson JNJ : 8/11/10 10Q 2Q 7/4/10
7/20/10 8K re: 2Q results ending 7/4/10
7/19/10 8K re: Bd of Dirs. election
7/12/10 K re: agreement to buy Micrus Endovascular.

Kraft KFT: 8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting

McDonalds MCD: 8/10/10 8K re: July and end of year sale statistics
8/5/10 10Q 2Q 6/30/10
7/23/10 8K re: 2Q results ending 6/30/10
6/9/10 8K re: year to date sales figures
/24/10 8K re: voting results of 5/20/10 annual shareholders' meeting

Merck MRK: 8/6/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
7/8/10 8K re: global restructuring program in conjunction with the integration of the Schering-Plough acquisition; reduction of work force by 15% & closing of plants and research sites.
5/28/10 8K re: Kenneth C. Frazier to succeed Richard T. Clark as Pres. Of the Company as of 5/1/10 and Dr. Sam Their's retirement from the Board & voting results from 5/25/10 annual meeting of shareholders.

Microsoft MSFT: 7/30/10 10K year ended 6/30/10
7/22/10 8K re: 4Q results ending 6/30/10.
6/18/10 8K re: sale of $1.25 bil of Zero Coupon Convertible Sr. Notes due '13 (and related 6/9 8K).
5/28/10 8K re: retirement of Robbie Bach, pres. Of Entertainment & Devices Div.

Pfizer PFE: 8/12/10 10Q 2Q 7/4/10
8/3/10 8K re: 2Q results
5/26/10 8K re: retirement of Dr. Martin Mackay, Sr. VP & Pres, Pharma Therapeutics R&D of Pfizer Inc.

Procter & Gamble PG: 8/13/10 10K year ended 6/30/10
8/3/10 8K re: exec comp plans
8/3/10 8K re: 4Q and year end results
7/13/10 8K re: declaration of quarterly dividend.
5/19/10 8K re: closing of 100 bil Euro 0.955 Note Offering due 2015.

3M MMM: 8/4/10 10Q 2Q 6/30/10
7/22/10 8K re: 2Q results
6/28/10 8K re: projected sales range for 2Q '10.

Travelers TRV: 7/22/10 8K & 10Q
6/15/10 8K re: $1 bil 3 year revolving credit agreement.
5/7/10 8K re: voting results of 5/4/10 annual meeting of shareholders
4/23/10 10Q

United Technologies UTX: 7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results
5/14/10 8K re: exercise of its rights to redeem $500 mil of outstanding 7.125% Notes due 11/15/10.

Verizon Communications Inc. VZ: 7/29/10 10Q 2Q 6/30/10
7/27/10 8K re: 2Q results
7/23/10 8K re: 2Q results ending 6/30/10
7/1/10 8K re: completion of acquisition of Frontier Communications Corp. and spin off of shares to VZ shareholders.
6/11/10 8K re: agreement with certain unions.
5/27/10 8K re: record date of 6/7/10 re: proposed spin off of shares of New Communications Holdings.
5/12/10 8K re: voting results from 5/6/10 annual meeting of shareholders.

WalMart WMT: 8/17/10 8K re: 2Q results 7/31/10
7/7/10 8K re: underwriting to the public of several series of notes.
7/2/10 8K re: departure of John E. Fleming EVP & Chief Merchandising Officer effective 8/1/10.
6/29/10 8K re: appointment of Eduwardo Castro-Wright as CEO fo global.com & William S. Simon as CEO of Walmart U.S.
6/9/10 8K re: results of 6/4 annual meeting of shareholders.
6/14/10 10Q.