Sunday, January 16, 2011

1/16/11 Sun/Sat NYT Slams JNJ; Barron's plugs Kraft, CSCO, Dis, Exxon, GE, JNJ , MSFT, PG

www.DowJonesMonitor.com

The following is not intended as advertising by a broker-dealer and is not a research report. Any comments by third-parties do not reflect the views of Intellivest Securities Research, Inc. and have not been reviewed by us for completeness or accuracy.

Post No. 829 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 and Dow 30 component's SEC filings as of January 10, 2011.

A read of the print editions of Monday's Barron's, Sunday's and Saturday's New York Times & Atlanta Journal Constitution & Saturday/Sunday's combined issues of each of Wall St. Journal & Financial Times 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 Jones Industrial Average: The Dow Jones Industrial Average closed Friday at 11,787.38 up 55.48 points or 0.47% from Thursday's close of 11,731.9. For the year the Dow is up 1.81%. For the week the Dow is up 112.62 or 0.96% from last Friday's close of 11,674.76. Of the 30 Dow Jones component companies 21 gained and 9 declined. The biggest gainer dollar-wise was McDonald's MCD $74.06 +1.39 1.91% 10,558,576 NYSE and percentage-wise was American Express AXP $46.25 +1.19 2.64% 10,490,736 NYSE. The biggest decliner dollar-wise and percentage-wise was Merck MRK $34.23- 0.46 1.33% 41,594,243 NYSE.

WSJ pB8 "DJIA back at June '08 levels" by Donna Kardos yesalavich says stocks reached their highest closing levels in 2 and 1/2 years, driven by a rally in the fin'l sector following stronger than expected earnings from JPMorgan Chase. Acloa, Intel and JPMorgan are charted, all reporting strong earnings with Alcoa posting better results amid rising demand and prices for aluminum, Intel's rose event though Apple devices undercut demand for PCs that use Intel's chips and JPMorgan benefited from more demands for loans. JPMorgan caused Bank of America's shares to also jump 48 cents.

Fin Times p14 "JPMorgan's strength pulls up rest of fin'l sector" by Michael Stothard says strong results from JPMorgan, the first of the leading US banks to report its 4Q earnings, dragged up the rest of the fin'l sector as ivnestors hoped that other results would be as equally positive.

NYT pB7 "Fin'l sector helps S&P extend its gains" by Reuters says the S&P 500 stock index rose for a 7th straight week on Fri, led by fin'l firms afer JPMorgan released an encouraging earnings report. Strength in fin'l stocks helped offset economic reports that showed soft Dec retail sales & consumer confidence that was hurt by rising gas prices. The market's resilience will be tested next week when a number of banks report results. JPMorgan's stocks has risen 5.9% in the first 2 weeks of the year.

As of the close of the market Friday, the current divisor for the Dow Jones Industrial Average found at page B4 of Saturday's Wall St. Journal was 0.132129493. The trailing P/E is 14.87 down from Friday's 14.88 (year ago it was 17.79); the P/E estimate is 12.75 down from Friday's 13.55 (year ago it was 13.65), and the dividend yield is 2.44 down from yesterday's 2.45 (last year it was 2.58). 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 1,557.45 up 7.32 from Thursday's closing numerator of 1,550.13. 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 (0.132129493) you get the increase in today's Dow. A $1 change in the price of any DJIA stock = a 7.57 change in the average.

The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was $51.92 up $0.25 from Thursday's Dow Jones Industrial Average average closing price of $51.67. The median closing price of Friday's Dow Jones Industrial Average was $46.25 (HPQ/AXP) down $0.09 from Thursday's median closing price of $45.36. The lowest volume was 3M MMM $88.1 +0.06 0.07% 2,089,290 NYSE and the highest volume was again Bank of America BAC $15.25 +0.48 3.25% 281,237,861 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 $733 ($155,746 - $155,013).

MarketWatch Friday 1/14/11 4:17 by Nick Godt says U.S. stocks rose on Friday, and posted strong gains for the week, as easing concerns about European sovereign debt and upbeat earnings, including from JP Morgan Chase, fueled investor optimism. The Dow Jones Industrial Average (DJIA 11,787, +55.40, +0.47%) rose 55.48 points, or 0.5%, to end at 11,787.38 on Friday. Blue-chip gains were led by a 3.3% gain in shares of Bank of America (BAC 15.25, +0.48, +3.25%) and a 2.6% advance in American Express (AXP 46.27, +0.02, +0.03%) . JP Morgan Chase (JPM 44.94, +0.03, +0.07%) rose 1% after its quarterly results topped expectations. For the week, the Dow industrials gained 1%. The S&P 500 index (SPX 1,293, +9.48, +0.74%) rose 9.48 points, or 0.7%, to 1,293.24 on Friday, led by a 1.7% gain in the financial sector. For the week, the broad index rose 1.7%. The Nasdaq Composite (COMP 2,755, +20.01, +0.73%) gained 20 points, or 0.7%, to 2,755.30 on Friday. For the week, it gained 1.9%.


Friday's Closing Dow Numbers and Saturday's News:

AT&T T $28.43 +0.35 1.25% 34,092,183 NYSE: Barron's p16 "Vodafone's alluring iPhone ringtone" by Andrew Bary says the best iPhone play may not be Verizon Communications or AT&T. It could be European wireless giant Vodafone, a minority holder of Verizon Wireless because Vodafone has a muc lower /e ratio than Verizon and Vadafone's core business, its Europe's largest wireless operator, is stronger than Verizon's eroding domestic wireline business, which serves residential and business customers.

WSJ pB9 "Are Apple's best years over? says this week Verizon said its 93 mil subscribers will be able to buy the iPhone in Feb. Motorola Mobility's new Xoom tablet computer is designed to rival the iPad was named "best of show" at CES. Also Motorola has the Atrix, the world's most powerful smartphone that docks into a laptop, is powered by Google DNA, and is powered by Android, and will be available only with AT&T.

Alcoa AA $15.97 +0.22 1.4% 40,952,955 NYSE:

American Express AXP $46.25 +1.19 2.64% 10,490,736 NYSE: Barron's p44 "Cultivating the right answers" by Andrew Bary profiles the 2010 forecasting champ, Charles Mornoi who is a fan of Kraft and correctly said Caterpillar would the the year's top performing Dow firm, that American Express would do poorly in '10 and Hewlett-Packard wold be the worst Dow performer.

Bank of America BAC $15.25 +0.48 3.25% 281,237,861 NYSE: WSJ pB19 "BofA website slow" by David Benoit says Bank of America's website was especially slow Fri with no explanations given.

WSJ pB8 "DJIA back at June '08 levels" by Donna Kardos yesalavich says stocks reached their highest closing levels in 2 and 1/2 years, driven by a rally in the fin'l sector following stronger than expected earnings from JPMorgan Chase. Acloa, Intel and JPMorgan are charted, all reporting strong earnings with Alcoa posting better results amid rising demand and prices for aluminum, Intel's rose event though Apple devices undercut demand for PCs that use Intel's chips and JPMorgan benefited from more demands for loans. JPMorgan caused Bank of America's shares to also jump 48 cents.

Boeing BA $70.07 +0.24 0.34% 4,529,879 NYSE:

Caterpillar CAT $94.01 -0.13 0.14% 4,567,382 NYSE: Barron's p44 "Cultivating the right answers" by Andrew Bary profiles the 2010 forecasting champ, Charles Mornoi who is a fan of Kraft and correctly said Caterpillar would the the year's top performing Dow firm, that American Express would do poorly in '10 and Hewlett-Packard wold be the worst Dow performer.

Chevron CVX $92.83 +0.65 0.71% 5,517,614 NYSE: Barron's p19 "A gusher of potential" by Dimitra DeFotis lists Exxon and Chevron in a list of N. American energy firms that have more than 40% of their assets in petroleum.

Cisco CSCO $21.21 +0.13 0.62% 34,989,039 NASDAQ-GS: Barron's Cover Story p1 2010 Roundatable says Scott Black likes Cisco, Fred Hickey likes Microsoft, Abby Joseph Coehn likes Exxon, Procter & Gamble & Disney (Fred McAllaster doesn't include them in his picks but he says the folloing will earn more money and raise their dividends: Intel, GE, Exxon, Procter & Gamble & Johnson & Johnson).

Coke KO $63.13 -0.27 0.43% 6,280,596 NYSE: Barron's p40 "The electronic investor" by Mike Hogan describes pair trades as a mean reversion strategy in which 2 related securites are pruchased after a temporary divergence from their historical pricing norms and he gives Coke and Pepsi as an example.

Disney DIS $39.29 +0.03 0.08% 5,197,705 NYSE: Barron's Cover Story p1 2010 Roundatable says Scott Black likes Cisco, Fred Hickey likes Microsoft, Abby Joseph Coehn likes Exxon, Procter & Gamble & Disney (Fred McAllaster doesn't include them in his picks but he says the folloing will earn more money and raise their dividends: Intel, GE, Exxon, Procter & Gamble & Johnson & Johnson).

NYT pB7 "Epic Mickey sales please Disney, despite late start" by Brooks Barnes says this video game Epic Mickey has a solid but not spectacular deb is stores.

DuPont DD $49.8 +0.41 0.83% 4,453,102 NYSE:

Exxon XOM $77.84 +1.13 1.47% 23,173,386 NYSE: Barron's p19 "A gusher of potential" by Dimitra DeFotis lists Exxon and Chevron in a list of N. American energy firms that have more than 40% of their assets in petroleum.

Barron's Cover Story p1 2010 Roundatable says Scott Black likes Cisco, Fred Hickey likes Microsoft, Abby Joseph Coehn likes Exxon, Procter & Gamble & Disney (Fred McAllaster doesn't include them in his picks but he says the folloing will earn more money and raise their dividends: Intel, GE, Exxon, Procter & Gamble & Johnson & Johnson).

WSJ pB19 "Apple's Magic Share price: $422 by Dave Kansas says that is the price Apple would surpass Exxon to go above XOM's market value of $386 bil. Now Microsoft is three at $244.26 bil market cap, and GE is 5th.

GE $18.8175 +0.2175 1.17% 42,008,836 NYSE: Barron's Cover Story p1 2010 Roundatable says Scott Black likes Cisco, Fred Hickey likes Microsoft, Abby Joseph Coehn likes Exxon, Procter & Gamble & Disney (Fred McAllaster doesn't include them in his picks but he says the folloing will earn more money and raise their dividends: Intel, GE, Exxon, Procter & Gamble & Johnson & Johnson).

WSJ pB19 "Apple's Magic Share price: $422 by Dave Kansas says that is the price Apple would surpass Exxon to go above XOM's market value of $386 bil. Now Microsoft is three at $244.26 bil market cap, and GE is 5th.

Hewlett-Packard HPQ $46.25 +0.60 1.31% 15,235,111 NYSE: Barron's p44 "Cultivating the right answers" by Andrew Bary profiles the 2010 forecasting champ, Charles Mornoi who is a fan of Kraft and correctly said Caterpillar would the the year's top performing Dow firm, that American Express would do poorly in '10 and Hewlett-Packard wold be the worst Dow performer.

Barron's p39 "EMC ramps up storage wars" by Mark Veverka says EMC, the storage behemoth, plans a global unveiling of lower priced data stroage products that will be priced below those of NetApp, Hewlett-Packard and IBM's.

WSJ pB5 "New hP CEO reporgrams strategy" by Ben Worthen says Leo Apotheker who took the helm in Nov, is crafting a plan that puts more emphasis on HP's software, networking & storage businesses.

Home Depot HD $35.89 +0.62 1.76% 13,769,401 NYSE:

Intel INTC $21.08 -0.21 0.99% 154,336,530 NASDAQ-GS: Barron's p38 "Intel's own version of survivor" by Tiernana Ray says although Intel beat analysts' rev estimates for 4Q by $100 mil despite fears the PC market was falling apart, Intel doesn't predict the PC industry. Microsoft doesn't do any better as it is obsessed with things like Kinect. Ray says the better firm to look at is Advanced Micro Devices, Intel's biggest competitors, which doesn't make chips but designs them.

Barron's p39 "EMC ramps up storage wars" by Mark Veverka says EMC, the storage behemoth, plans a global unveiling of lower priced data stroage products that will be priced below those of NetApp, Hewlett-Packard and IBM's.

WSJ pB8 "DJIA back at June '08 levels" by Donna Kardos yesalavich says stocks reached their highest closing levels in 2 and 1/2 years, driven by a rally in the fin'l sector following stronger than expected earnings from JPMorgan Chase. Acloa, Intel and JPMorgan are charted, all reporting strong earnings with Alcoa posting better results amid rising demand and prices for aluminum, Intel's rose event though Apple devices undercut demand for PCs that use Intel's chips and JPMorgan benefited from more demands for loans. JPMorgan caused Bank of America's shares to also jump 48 cents.

IBM $150 1.18 +0.79% 4,519,262 NYSE:

JPMorgan JPM $44.91 +0.46 1.03% 86,737,279 NYSE: Barron's p12 "Week review" says4Q profits at JPMorgan rose 47% and Verizon unveiled its version of the Apple iPPhone as expected.

WSJ pB3 "JPMorgan rides consumer revival" by Dan Fizpatrick, WSJ pB20 "MPMorgan's new normal" by David Reilly, WSJ "Overheard" pB20, Fin times p9 "Dimon hails start of US recovery" by Francesco Guerrera, WSJ pA1 "Banks loosen purse strings" by Ruth Simon say JPMorgan quarterly profits were $1.12 a share which beat expectations of 99 cents. Net income was $4.83 bil for the quarter up from $3.28 bil. JPMorgan is trading at 1. times tangible book after reporting records results Fri. This may look pricey but its P/E is under 10 times consensus '11 estimates. JPM's profit jumped 47% for the quarter as credit demand grew. Their average banker made $369,651. Overheard says JPMorgan instead of calling Portugal, Ireland, Italy, Greece and Spain "Piigs" used the politically incorrect term Gipsies. 3 banks, including JPMorgan now hold more than 33% of all US deposits.

WSJ pB8 "DJIA back at June '08 levels" by Donna Kardos yesalavich says stocks reached their highest closing levels in 2 and 1/2 years, driven by a rally in the fin'l sector following stronger than expected earnings from JPMorgan Chase. Acloa, Intel and JPMorgan are charted, all reporting strong earnings with Alcoa posting better results amid rising demand and prices for aluminum, Intel's rose event though Apple devices undercut demand for PCs that use Intel's chips and JPMorgan benefited from more demands for loans. JPMorgan caused Bank of America's shares to also jump 48 cents.

NYT pB7 "Fin'l sector helps S&P extend its gains" by Reuters says the S&P 500 stock index rose for a 7th straight week on Fri, led by fin'l firms afer JPMorgan released an encouraging earnings report. Strength in fin'l stocks helped offset economic reports that showed soft Dec retail sales & consumer confidence that was hurt by rising gas prices. The market's resilience will be tested next week when a number of banks report results. JPMorgan's stocks has risen 5.9% in the first 2 weeks of the year.

Fin Times p14 "JPMorgan's strength pulls up rest of fin'l sector" by Michael Stothard says strong results from JPMorgan, the first of the leading US banks to report its 4Q earnings, dragged up the rest of the fin'l sector as ivnestors hoped that other results would be as equally positive.

Johnson & Johnson JNJ $62.55 -0.36 0.57% 11,219,273 NYSE: Sun NYT Bus. p1 "Can Johnson & Johnson get its act together? by Natasha Singer, Reed Abelson says Johnson & Johnson, whose brands have for more than a century been synonymous with quality are facing shortages of Motrin, Rolaids, children's Tylenol, Mylanta, Pepcid AC and Neutrogena skin products are last year recalled about 288 mil items due to quality control problems acorss product lines, in multiple factories & in several units last year.

Barron's Cover Story p1 2010 Roundatable says Scott Black likes Cisco, Fred Hickey likes Microsoft, Abby Joseph Cohen likes Exxon, Procter & Gamble & Disney (Fred McAllaster doesn't include them in his picks but he says the folloing will earn more money and raise their dividends: Intel, GE, Exxon, Procter & Gamble & Johnson & Johnson).

Sat NYT pB2 "More recalls from JNJ" says Johnson & Johnson is recalling about 43 mil packages of Tylenol, Sudafed and Sinutab products due to incomplete labels.

Kraft KFT $31.34 -0.10 0.32% 5,989,866 NYSE:

McDonald's MCD $74.06 +1.39 1.91% 10,558,576 NYSE:

Merck MRK $34.23- 0.46 1.33% 41,594,243 NYSE:

Microsoft MSFT $28.3 +0.11 0.39% 61,785,095 NASDAQ-GS: Barron's p38 "Intel's own version of survivor" by Tiernana Ray says although Intel beat analysts' rev estimates for 4Q by $100 mil despite fears the PC market was falling apart, Intel doesn't predict the PC industry. Microsoft doesn't do any better as it is obsessed with things like Kinect. Ray says the better firm to look at is Advanced Micro Devices, Intel's biggest competitors, which doesn't make chips but designs them.

Barron's Cover Story p1 2010 Roundatable says Scott Black likes Cisco, Fred Hickey likes Microsoft, Abby Joseph Coehn likes Exxon, Procter & Gamble & Disney (Fred McAllaster doesn't include them in his picks but he says the folloing will earn more money and raise their dividends: Intel, GE, Exxon, Procter & Gamble & Johnson & Johnson).

WSJ pB19 "Apple's Magic Share price: $422 by Dave Kansas says that is the price Apple would surpass Exxon to go above XOM's market value of $386 bil. Now Microsoft is three at $244.26 bil market cap, and GE is 5th.

Pfizer PFE $18.34 +0.12 0.66% 29,813,860 NYSE:

Procter & Gamble PG $65.53 +0.05 0.08% 10,922,975 NYSE: Barron's Cover Story p1 2010 Roundatable says Scott Black likes Cisco, Fred Hickey likes Microsoft, Abby Joseph Coehn likes Exxon, Procter & Gamble & Disney (Fred McAllaster doesn't include them in his picks but he says the folloing will earn more money and raise their dividends: Intel, GE, Exxon, Procter & Gamble & Johnson & Johnson).

3M MMM $88.1 +0.06 0.07% 2,089,290 NYSE:

Travelers TRV $54.63 -0.04 0.07% 3,786,471 NYSE:

United Technologies UTX $79.08 -0.42 0.53% 4,616,811 NYSE:

Verizon VZ $35.46 -0.34 0.95% 22,110,609 Dual Listed: Barron's p16 "Vodafone's alluring iPhone ringtone" by Andrew Bary says the best iPhone play may not be Verizon Communications or AT&T. It could be European wireless giant Vodafone, a minority holder of Verizon Wireless because Vodafone has a muc lower /e ratio than Verizon and Vadafone's core business, its Europe's largest wireless operator, is stronger than Verizon's eroding domestic wireline business, which serves residential and business customers.

Barron's p12 "Week review" says4Q profits at JPMorgan rose 47% and Verizon unveiled its version of the Apple iPPhone as expected.

WSJ pB9 "Are Apple's best years over? says this week Verizon said its 93 mil subscribers will be able to buy the iPhone in Feb. Motorola Mobility's new Xoom tablet computer is designed to rival the iPad was named "best of show" at CES. Also Motorola has the Atrix, the world's most powerful smartphone that docks into a laptop, is powered by Google DNA, and is powered by Android, and will be available only with AT&T.

Sat NYT pB1 "Verizon deal may expose iPhone flaws" by Joe Nocera says the iPhone has always been plagued by serious design flaws. The phone part has never worked very well, dropping calls with regularity, the sound is often substandard and its lack of a raised keyboard makes it hard to email. Also it has poor battery life.

Walmart WMT $54.81 +0.02 0.04% 9,250,528 NYSE:

****************************
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 Leo Apotheker (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 Kenneth Frazer 1/1/11 replaces Richard Clark (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 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 1/10/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $378.5 [5]
2. Microsoft MSFT 241 [8.5]
3. GE 198 [10.5]
4. WalMart WMT 191.5 [3.5]
5. IBM 183.5 [1]
6. Procter & Gamble PG 182.5 [3]
7. Chevron CVX 182 [2]
8. Johnson & Johnson JNJ 171 [3]
9. JPMorgan Chase JPM 169.5 [4]
10. AT&T T 167.5 [6]
11. Coke KO 146 [2.5]
12. Pfizer PFE 146 [8]
13. Bank of America BAC 145 [10]
14. Intel INTC 115.5 [5.5]
15. Cisco CSCO 115.5 [5.5]
16. Merck MRK 115 [3]
17. Verizon VZ 107 [3]
18. Hewlett-Packard HPQ 98 [2]
19. McDonald's MCD 78 [1]
20. Disney DIS 74.5 [2]
21. United Technologies UTX 72.5 [1]
22. 3M MMM 62 [.5]
23. Caterpillar CAT 59.5 [.5]
24. Home Depot 56.5 [1.5]
25. Kraft KFT 54.5 [2]
26. American Express AXP 53.5 [1]
27. Boeing BA 51 [1]
28. DuPont DD 44.5 [1]
29. Travelers 24.5 [.5]
30. Alcoa AA 17 [1]

Here are the latest 8K, 10Q & 10K SEC filings as of 1/10/11:

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

AT&T T: 12/21/11 8K re: borrowing up to $8 bil
12/20/11 8K re: purchase of spectrum licenses from Walcomm
12/7/10 8K re: replacement of existing 5 year $9.4 bil revolving credit facility
12/1/10 8K re: redemption of all 7.8% notes due 3/1/11
11/5 10Q for quarter ending 9/30/10

Alcoa AA: 10/22/10 10Q for 3Q ended 9/30/10
10/12 8K re: transcript of 3Q earnings conference
10/8/10 8K re: 3Q results

American Express AXP: 12/16/11 8K re acquisition of Loyalty Partner, a marketing firm active in Germany, Poland & India
12/15/11 8K re; delinquency & write-off statistics through 10/31/10
11/15/10 8K re: delinquency & write-off statistics for period ending 10/31/10
11/3/10 10Q for quarter ending 9/30/10
11/2/10 8K re: changes to retirement plan for officers

Bank of Am BAC: 1/3/11 8K re: Agreement with Freddie Mac & Fannie Mae to repurchase $3 bil of loan to settle Countrywide dispute
11/5/10 10Q for quarter ending 9/30/10
11/5/10 8K re: status of Countrywide litigation
10/20/108K re: registration of 50,354,545 shares

Boeing BA: 12/3/10 8K re: election o Ronald A. Williams to Board of Directors and the Audit & Finance Committees
11/16/10 8K re: $2.3 bil 364 day revolving credit agreement

Caterpiller CAT: 12/16/10 8K re: Nov. dealer statistics
12/14/10 8K re: changes to By-laws re: holding of Board meetings
12/10/10 8K re: election of Jesse J. Greene, Jr. & Miles D. White to Board of Directors and Greene to the Audit Committee & White to Governance Committee
12/7/10 8K re: entering into bridge loan of up to $8.6 bil
11/18/10 8K re: status of acquisition of Bucyrus
11/18/10 8K 3 month dealer statistics
11/15/10 8K re: acquisition of Bucyrus for $8.6 bil to close mid '11
11/12/10 8K/A resignation of Gail D. Foster from Board of Directors
11/4/10 10Q for quarter ending 9/30/10

Chevron CVX:11/5/10 10Q for quarter ending 9/30/10
10/29 8K re 3Q net income of $3.77 bil down from $3.83 bil for 3Q '09

Cisco CSCO 12/17/10 8K re: pre-arranged exec stock trading plan
11/23/10 10Q for quarter ending 10/30/10

Coke KO 12/15/10 8K re: expiration of tender offer for notes
12/15 & 12/9/10 8Ks re: election of Howard G. Buffett to Board of Directors & Public Issue & Diversity Relations Committees
11/23/10 8K re: result of cash tender offer for debt
11/18/10 8K re: completion of note offering
11/16/10 8K re: resignation of Cathleen p. Black from Board to become Chancellor of NYC Schools
11/8/10 8K re: underwriting agreement for issuance of notes
11/4/10 8K re tender offer for CCE debt
10/29/10 10Q for quarter ending 10/1/10

Disney DIS 12/14/10 8K re: issuance of $5 bil of Noes
11/24/10 10K for year ending 10/2/10
11/12/10 8K re: results of 4Qtr earnings

DuPont DD: 12/10 8K re: retirement of Jeffrey L, Keefer as EVP
10/21/10 10Q for 3rd quarter ending 9/30/10
10/26/10 8K re 3Q results

ExxonMobil XOM: 11/30/10 8K re: revisions to officers' compensation plan
11/16/10 10Q re 3Q results ending 9/30/10
10/28/10 8K re: 3Q results
10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm

GE: 12/16/10 8K re: departure of Director Sir William M. Castell
11/3/10 10Q re 9/30/10 results

Hewlett-Packard HPQ: 12/15/10 10K
12/2/10 8K re: underwriting agreement for issuance of notes
11/22/10 8K re: 4Q results
10/18/10 8K re: election of Leo Apotheker as Pres/CEO

Home Depot HD: 12/2/10 10Q re: results for period ending 10/31/10
11/16/10 8K re: update of fiscal year '10 guidance

Intel INTC: 11/12/10 8K re: 15% increase of quarterly cash dividend
11/2/10 10Q for quarter ending 9/25/10

IBM: 1/4/11 8K re: amendment of By-laws to decrease directors to 12
12/8/10 8K re: underwriting agreement re: debt
12/6/10 8K re: resignation of Cathleen Black from Board of Directors
10/26/10 10Q for period ending 9/30/10

JPMorganChase JPM: 12/13/10 8K re: termination of Replacement capital Covenants
10/28/10 8K/A re: amendment to replace capital covenants re: debt
10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results

Johnson & Johnson JNJ : 11/10/10 10Q for quarter ending 10/3/10

Kraft KFT: 12/28/10 8K re: expiration & results of tender offer for notes
12/22/10 8K re: adoption of long term exec comp. program
212/13/10 28Ks re: status of tender offerfor notes
12/6/10 8K re: seeking preliminary injunction vs. Starbucks
11/30/10 8K re: arbitration with Starbucks'11/29/10 8K re: cash debt tender offer to holders of $1 bil of notes
11/8/10 8K re: status of agreement with Starbucks'
11/5/10 10Q for quarter ending 9/30/10
11/4/10 8K re: 3Q results

McDonalds MCD: 12/20/10 8K re: departure and settlement re: Denis Hennequin as Pres. of MCD Europe
12/10 8K re: amendment of Cert. of Incorp re: designations of rights of preferred stock
12/9/10 8K re: global sales results
11/9/10 8K re: results of global sales results
11/5/10 8K re: resignation of Denis Hennequin as President of McDonald's Europe to be replaced by Steve Easterbook
11/5/10 10Q for period ending 9/30/10

Merck MRK: 12/10/10 8K re: sale of 2.2% notes due '16
11/30/10 8K re: election of Kenneth C. Frazier a CEO with Richard T. Clark staying as Chair
11/8/10 10Q for period ending 9/30/10

Microsoft MSFT: 11/19/10 8K re: results of 11/16/10 Annual Meeting of Shareholders

Pfizer PFE: 12/17/10 8K re: proposed settlement of shareholder derivative lawsuit in US Dist. Ct. SDNY
12/16/10 8K re: election of George A. Lorch as non-Exec Chair
12/9/10 8K re: resignation of Jeffrey B. Kindler as CEO & election of Ian C. Read as Pres/CEO
11/12/10 10Q for quarter ending 10/3/10
11/2/10 8K re: 3Q results
10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's purchase of King Pharmaceuticals, Inc.

Procter & Gamble PG: 12/14/10 8K re: election of Susan Desmond-Hellmann, 53, Chancellor of U of Cal. SF to Board
11/18/10 8K re: close of sale of $1 bil of 1.8% notes due '15
10/28/10 10Q for period ending 9/30/10
10/27/10 8K re: results for quarter ending 9/30/10

3M MMM: 12/7/10 8K re: re: financial outlook for '11
11/5/10 10Q re: quarter ending 9/30/10'
10/28/10 8K re: 3Q results of $6.9 bil sales

Travelers TRV: 11/10/10 8K re: completion of tender offer for 6.25% debentures due '67
11/9/10 8K re: modification of rights of holders of 6.75% notes due '36
11/8/10 re: purchase of 43% of a Brazilian surety
11/8/10 8K & 11/5/10 8K re: amendment of consent solicitation of 6.75% notes
11/1/10 8K re: underwriting agreement for sale of notes
10/27/10 8K re: tender offer to holders of 6.25% due '67

United Technologies UTX: 12/10/10 8K re: election of Ellen Kullman, DuPont CEO to Board of Directors
12/10/10 8K re: resignation of Carlos M. Gutierrez from Board
10/25/10 10Q for period ending 9/30/10

Verizon Communications Inc. VZ: 12/29/10 8K re: updated fin'l info re: divestiture of properties as a result of acquisition of Alltel Corp. in Jan '09
12/8/10 8K/A re: Board committee assignments of Rodney E. Slater
11/10/10 8K/A re: election of Lowell C. McAdam as Pres/COO & Francis J. Shammo EVP & CFO
10/28/10 10Q for period ending 9/30/10

WalMart WMT: 12/6/10 10Q for period ending 10/31/10
11/16/10 8K re: 3 Qtr EPS 0.95 cents and raising full year EPS guidance from $3.95 to $4.05