3/19/11 Sat Cisco to Pay Dividends for the First Time; IBM Settles Bribery Charges

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Post No. 931 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 components' SEC filings as of March 21, 2011.

A read of Monday's Barron's 3/21/11, the combined Saturday's & Sunday's Wall St. Journal & Financial Times, and Sat's New York Times & Atlanta Journal Constitution 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 11,858.52 up 83.93 points or 0.71% from Thursday's close of 11,774.49. For the week the Dow is down 185.88 points or 1.54% from last Friday's close of 12,044.4. For the year the Dow is up 2.43%. Of the 30 Dow components 27 gained and 3 declined. The biggest gainer dollar-wise was Catepillar CAT $105.027 +1.907 1.85% 10,473,797 NYSE and percentage-wise was JPMorgan JPM $45.53 +0.97 2.18% 66,943,479 NYSE. The biggest decliner dollar-wise and percentage-wise was Travelers TRV $58.12 -0.56 0.95% 4,678,309 NYSE.

WSJ pB5 "DJIA hangs on to 83.93 point rise" by Kristina Peterson, Brendan Conways says stocks rose as fears of increased violence in Libya ebbed & currency interventions helped ease investor worries over Japan's economy. Caterpillar said disruptions in its Japanese supply chain could sporadically affect its assembly plants elsewhere and it is trying to secure other sources for parts normally produced in Japan. Caterpillar rose $1.94. A rush of firms announced dividends Friday including Cisco which rose 14 cents after announcing its first ever cash dividend. JPMOrgan Chase jumped $1.18 and American Express rose 75 cents after gaining regulators' approval for capital distribution plans.

Fin times p16 "Banks rally as Fed gives green light on dividends" by Michael Stothard says fin'l stocks climbed after the Fed Res cleared the way for banks to raise their dividends, while in the wider markets a turbulent week on Wall St ended on a high note due to easing geopolitical tensions.

Sat NYTimes pB7 "Bank shares pace a rally as group of 7 nations try to stabilize Yen" by Julie Creswell says stocks closed out a bumpy week with a modest rally, jumping after the announcement of a cease fire in Libya and a move by global leaders to intervene int he currency markets & stabilize the Japanese ye, which had soared to near record highs in recent days.

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 is 0.132129493. The trailing P/E is 14.41 up from Friday's 14.31 (year ago it was 16.75); the P/E estimate is 12.29 down from Friday's 12.42 (year ago it was 13.77), and the dividend yield is 2.46 down from Friday's 2.48 (last year it was 2.53). 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 1,566.86 up 11.09 from Thursday's closing numerator of 1,555.77. 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 $52.23 up $0.37 from Thursday's Dow Jones Industrial Average average closing price of $51.86. The median closing price of Friday's Dow Jones Industrial Average was $44.84 (JPM/AXP) up 0.87 from Thursday's median closing price of $43.97. The lowest volume was Travelers TRV $58.12 -0.56 0.95% 4,678,309 NYSE and the highest volume was again Bank of America BAC $13.01 +0.03 0.21% 172,896,664 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 $1,109 ($156,686 - $154,577).

MarketWatch Friday 3/18/11 4:14 by Laura Mandaro says US stocks ended higher Friday, softening weekly losses, with sentiment lifted by a coordinated effort by several central banks to help Japan deal with the earthquake aftermath and plans by several major banks to hike dividends. The Dow Jones Industrial Average (DJIA 11,859, +83.93, +0.71%) ended up 83.93 points, or 0.7%, at 11,858.52, scaling back from the day's highs as investors monitored fast-changing events in Japan and the Libyan conflict. J.P. Morgan Chase & Co. (JPM 45.74, -.00, -0.01%) and Caterpillar Inc. (CAT 105.06, +1.94, +1.88%) led gains. The S&P 500 (SPX 1,279, +5.49, +0.43%) rose 5.49 points, or 0.4%, to 1,279.21. The Nasdaq Composite (COMP 2,644, +7.62, +0.29%) gained 7.62, or 0.3%, to 2,643.67. The Dow fell 1.5% for the week, the S&P 500 lost 1.9%, and the Nasdaq sank 2.7%.

Friday's Closing Dow Numbers and Saturday's News:
AT&T T $27.9 +0.16 0.58% 22,481,378 NYSE:

Alcoa AA $16.1002 +0.0902 0.56% 18,151,251 NYSE:

American Express AXP $44.15 +0.73 1.68% 8,630,503 NYSE: WSJ pB5 "DJIA hangs on to 83.93 point rise" by Kristina Peterson, Brendan Conways says stocks rose as fears of increased violence in Libya ebbed & currency interventions helped ease investor worries over Japan's economy. Caterpillar said disruptions in its Japanese supply chain could sporadically affect its assembly plants elsewhere and it is trying to secure other sources for parts normally produced in Japan. Caterpillar rose $1.94. A rush of firms announced dividends Friday including Cisco which rose 14 cents after announcing its first ever cash dividend. JPMorgan Chase jumped $1.18 and American Express rose 75 cents after gaining regulators' approval for capital distribution plans.

Bank of America BAC $14.01 +0.03 0.21% 172,896,664 NYSE: Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an underappreciated and attractive mix of business.

WSJ pB1 "Banks get Fed's nod to pay dividends" by Dan Fitzpatrick says 6 of the nation's largest banks will be able to pay $8.7 bil in new dividend payments this year including JPMorgan Chase. bank of America & Citigroup said they don't plan to apply for dividend increases until later.

Boeing BA $69.11 +0.81 1.19% 4,203,261 NYSE: Barron's pM3 "Stocks fall aout 2% in post-quake shock" by Kopin Tan says Boeing could be affected because Japan makes a third of the 787's components.

WSJ pA12 "Boeing beats the trial bar" says a federal judge in Chicago last week dismissed a securities class action against Boeing in City of Livonia v Boeing regarding claims of securities fraud related to the delivery schedule for the 787 Dreamliner.

Caterpillar CAT $105.027 +1.907 1.85% 10,473,797 NYSE: Barron's p17 "Week preview" says on Wed. 3/23 Caterpillar meets with analysts.

Sat AJC pA12 "SunTrust hit with suit over 401(k) fees" by J. Scott Trubey says that your Blogger, Dan Kolber is quoted as saying several large firms have been sued for placing their own products in their employees' pension plans including Caterpillar which settled a suit form more than $16 mil in 2010 for fees on 401(k) investments.

WSJ pB5 "DJIA hangs on to 83.93 point rise" by Kristina Peterson, Brendan Conways says stocks rose as fears of increased violence in Libya ebbed & currency interventions helped ease investor worries over Japan's economy. Caterpillar said disruptions in its Japanese supply chain could sporadically affect its assembly plants elsewhere and it is trying to secure other sources for parts normally produced in Japan. Caterpillar rose $1.94. A rush of firms announced dividends Friday including Cisco which rose 14 cents after announcing its first ever cash dividend. JPMOrgan Chase jumped $1.18 and American Express rose 75 cents after gaining regulators' approval for capital distribution plans.

Chevron CVX $102.87 +0.63 0.62% 9,653,985 NYSE: Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an underappreciated and attractive mix of business.

Cisco CSCO $17.14 +0.14 0.82% 121,146,263 NASDAQ-GS: Barron's p14 "Silicon skinflints still skimp on payouts" by Andrew Bary says Cisco, Intel and Microsoft are in a table of 8 firms whose price/earnings ratios are generally low and higher dividends would help. Cisco announced its first dividend saying it will pay 6 cents a sahre quarterly while Hewlett-Packard last week increased its quarterly dividend by 50% to 12 cents a share. Microsoft trades at a 30% discount tot he S&P 500 as its sustainable rev growth and defensive competitive characteristics are undervalued by investors.

WSJ pB3 "Cash rich Cisco to begin paying dividends" by Roger Cheng says Cisco heeded to years of investor clamoring and approved its first ever dividend, the latest tech giant to do so. Cisco will pay a quarterly dividend of 6 cents a share on April 30 to shareholders of record as of 3/31/ As of 1/29 it had $4.9 bil of cash & $35.3 bil in investments. The divide3nd will cost $335 mil a quarter.

WSJ pB5 "DJIA hangs on to 83.93 point rise" by Kristina Peterson, Brendan Conways says stocks rose as fears of increased violence in Libya ebbed & currency interventions helped ease investor worries over Japan's economy. Caterpillar said disruptions in its Japanese supply chain could sporadically affect its assembly plants elsewhere and it is trying to secure other sources for parts normally produced in Japan. Caterpillar rose $1.94. A rush of firms announced dividends Friday including Cisco which rose 14 cents after announcing its first ever cash dividend. JPMOrgan Chase jumped $1.18 and American Express rose 75 cents after gaining regulators' approval for capital distribution plans.

Coke KO $62.68 +0.40 0.64% 9,190,459 NYSE: Barron's p21 "There's safety in these numbers" by Dimitra DeFotis says Coke and Procter & Gamble was among 10 firms that have ample cash flow, predictable earnings growth and generous dividends that should do well in volatile markets.

WSJ pA10 "Pepsico to Spend 30% more to pitch its beverage" in its review of the week says Pepsi will increase tv ads in '11 after losing more ground to Coke whose Diet Coke overtook Pepsi.

Disney DIS $41.23 +0.47 1.15% 11,407,058 NYSE:

DuPont DD $53.01 +0.68 1.3% 6,716,162 NYSE:

Exxon XOM $81.18 +0.02 0.02% 20,779,117 NYSE: Barron's pM10 "Making fear & chaos paY' by Steven Sears says option players were buying il and energy stocks including Exxon as "trading disasters is a macabre ballet.

GE $19.255 +0.035 0.18% 71,841,426 NYSE: WSJ pA13 "What GE was thinking in '11" by Holman Jenkins is a humorous piece imagining a memo uncovered in 50 years that suggests selling its nuclear business to Comcast. It is a fantasy piece.

Hewlett-Packard HPQ $41.35 -0.08 0.19% 19,963,492 NYSE: Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an under appreciated and attractive mix of business.

Barron's p14 "Silicon skinflints still skimp on payouts" by Andrew Bary says Cisco, Intel and Microsoft are in a table of 8 firms whose price/earnings ratios are generally low and higher dividends would help. Cisco announced its first dividend saying it will pay 6 cents a sahre quarterly while Hewlett-Packard last week increased its quarterly dividend by 50% to 12 cents a share. Microsoft trades at a 30% discount tot he S&P 500 as its sustainable rev growth and defensive competitive characteristics are undervalued by investors.

WSJ pB3 "Airing for HP letter" by Ben Worthen says a Delaware judge has ordered the letter that led to CEO Mark Hurd's August ouster to be unsealed.

Home Depot HD $35.99 +0.23 0.64% 9,842,781 NYSE: NYT pB6 "As remodeling rebounds, caveats for the homeowner" by Paul Sullivan says a report from Harvard says remodeling would rebound strongly this year after a 3 year downturn and a Home Depot store is pictured.

Intel INTC $19.93 +0.03 0.15% 67,552,594 NASDAQ-GS: Barron's p14 "Silicon skinflints still skimp on payouts" by Andrew Bary says Cisco, Intel and Microsoft are in a table of 8 firms whose price/earnings ratios are generally low and higher dividends would help. Cisco announced its first dividend saying it will pay 6 cents a sahre quarterly while Hewlett-Packard last week increased its quarterly dividend by 50% to 12 cents a share. Microsoft trades at a 30% discount tot he S&P 500 as its sustainable rev growth and defensive competitive characteristics are undervalued by investors.

IBM $155.86 +1.68 1.09% 8,988,556 NYSE: WSJ pB1 "IBM settles bribery charges" by Jessica Holzer, Shayndi Raice, Fin Times p12 "IBM to pay $10 Mil in bribery case" by Joseph Menn, Sat NYT pB5 "IBM to settle SEC's bribery charges for $10 mil" by Bloomberg,Sat AJC pa13 "IBM to pay $10 mil over bribery allegations" say IBM will pay $10 mil to settle allegations that it bribed S. Korean & Chinese gov officials for more than a decade to win contracts.

JPMorgan JPM $45.53 +0.97 2.18% 66,943,479 NYSE: Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an under appreciated and attractive mix of business.

Barron's p16 "Big bank boost" says some banks may now raise payout ratios as hgh as 30% as the Fed gave them the go ahead to relaunch dividend and share buyback programs. JPMorgan and Wells are among those having the most deployable excess capital in '11 and '12 per Bernstein Research. At Barron's pM13 JPMorgan is charted.

Sat NYT pB1 "With Fed consent, banks raise dividends & buy back stock" by Eric Dash, WSJ pB1 "Banks get Fed's nod to pay dividends" by Dan Fitzpatrick say 6 of the nation's largest banks will be able to pay $8.7 bil in new dividend payments this year including JPMorgan Chase. bank of America & Citigroup said they don't plan to apply for dividend increases until later.

WSJ pB5 "DJIA hangs on to 83.93 point rise" by Kristina Peterson, Brendan Conways says stocks rose as fears of increased violence in Libya ebbed & currency interventions helped ease investor worries over Japan's economy. Caterpillar said disruptions in its Japanese supply chain could sporadically affect its assembly plants elsewhere and it is trying to secure other sources for parts normally produced in Japan. Caterpillar rose $1.94. A rush of firms announced dividends Friday including Cisco which rose 14 cents after announcing its first ever cash dividend. JPMorgan Chase jumped $1.18 and American Express rose 75 cents after gaining regulators' approval for capital distribution plans.

Johnson & Johnson JNJ $58.48 +0.35 0.6% 11,475,247 NYSE:

Kraft KFT $30.98 +0.22 0.72% 9,135,713 NYSE: Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an underappreciated and attractive mix of business.

McDonald's MCD $73.03 -0.37 0.5% 7,658,542 NYSE:

Merck MRK $31.86 +0.42 1.34% 16,198,130 NYSE:

Microsoft MSFT $24.8 +0.02 0.08% 75,422,443 NASDAQ-GS: Barron's p14 "Silicon skinflints still skimp on payouts" by Andrew Bary says Cisco, Intel and Microsoft are in a table of 8 firms whose price/earnings ratios are generally low and higher dividends would help. Cisco announced its first dividend saying it will pay 6 cents a sahre quarterly while Hewlett-Packard last week increased its quarterly dividend by 50% to 12 cents a share. Microsoft trades at a 30% discount tot he S&P 500 as its sustainable rev growth and defensive competitive characteristics are undervalued by investors.

WSJ pA10 ""Seized computers' in WSJ's review of the week says Microsoft & fed law enforcement agents seized computer equipment from Internet hosting facilities across the US to cripple the leading source of junk email on the Internet as part of the attack against Rustock botnet, a vast network of computers around the globe infected with malicious software.

Pfizer PFE $20.17 +0.29 1.46% 73,698,095 NYSE: Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an underappreciated and attractive mix of business.

Procter & Gamble PG $60.55 +0.12 0.2% 14,613,545 NYSE: Barron's p21 "There's safety in these numbers" by Dimitra DeFotis says Coke and Procter & Gamble was among 10 firms that have ample cash flow, predictable earnings growth and generous dividends that should do well in volatile markets.

WSJ pB2 "Ex-Goldman director sues SEC over charges" by Chad Bray says a former Goldman Sach and procter & Gamble director, Rajat Gupta, who is being accused in the Galleon Group insider info case sued the SEC claiming he was unfairly & unconstitutionally singled out.

3M MMM $88.98 +0.29 0.33% 4,771,505 NYSE:

Travelers TRV $58.12 -0.56 0.95% 4,678,309 NYSE:

United Technologies UTX $80.17 +0.68 0.86% 5,426,258 NYSE:

Verizon VZ $35.821 +0.491 1.39% 18,188,142 Dual Listed:

Walmart WMT $51.52 +0.15 0.29% 11,610,536 NYSE: Barron's p18 "Time to load up the cart" by Jonathan Laing says small, no-frills discount stores are increasingly being set up in densely populated metropolitan areas in order to be beyond the reach of bid discounters like Walmart. Jewel-Osco, Albertsons, Shaw's Acme, Cub Foods and Save A Lot are vulnerable to competition from Walmart, Costco, and Target.
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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. (Chicago, Ill)
Caterpillar CAT Douglas Oberhelman (Peoria, Ill.)
Chevron CVX John Watson (San Ramon, CA)
Cisco CSCO John Chambers (San Jose, CA)
Coca Cola KO Muhtar Kent (Atlanta, GA)
Disney DIS Robert Iger (Burbank, CA)
DuPont DD Ellen Kullman (Wilmington, DE)
ExxonMobil XOM Rex W. Tillerson (Irving, Tx)
GE Jeffrey R. Immelt (Fairfield, CT)
Hewlett-Packard HPQ 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 (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 as of 3/21/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $401 [5]
2. Procter & Gamble PG 243 [4]
3. Microsoft MSFT 212 [8.5]
4. Chevron CVX 207 [2]
5. GE 204 [10.5]
6. IBM 190 [1]
7. WalMart WMT 184 [3.5]
8. JPMorgan Chase JPM 182 [4]
9. AT&T T 165 [6]
10. Pfizer PFE 161 [8]
11. Johnson & Johnson JNJ 160 [3]
12. Coke KO 144 [2.5]
13. Bank of America BAC 142 [10]
14. Intel INTC 111 [5.5]
15. Verizon VZ 101 [3]
16. Merck MRK 98 [3]
17. Cisco CSCO 95 [5.5]
18. Hewlett-Packard HPQ 89 [2]
19. Disney DIS 78 [2]
20. McDonald's MCD 76 [1]
21. United Technologies UTX 74 [1]
22. Caterpillar CAT 67 [.5]
23. 3M MMM 63 [.5]
24. Home Depot HD 59 [1.5]
25. Kraft KFT 54 [2]
26. American Express AXP 53 [1]
27. Boeing BA 51 [1]
28. DuPont DD 49 [1]
29. Travelers TRV 25 [.5]
30. Alcoa AA 17 [1]

Here are the latest 8K, 10Q & 10K & Proxy SEC filings as of 3/21/11:

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

AT&T T: 3/10/11 Proxy Statement re: Annual Meeting of Stockholders to be held on 4/29/11 in Little Rock, Ark
3/7/11 8K re; departure of Richard G. Lindner as CFO to be replaced by John T. Stephens
3/1/11 10K re: Fiscal year ended 12/31/10

Alcoa AA: 3/7/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/6/11 in Pittsburg, PA
2/17/11 10K re: Fiscal year ended 12/31/10
2/11/11 8K re: resignation of Carlos Ghosen, CEO of Nissan, from Board of Directors
2/3/11 8K re: FD disclosaure re: flat rolled growth opport'ties in Europe
1/25/11 & 1/21/11 8Ks re: contributions to pension plan

American Express AXP: 3/18/11 8K re: Reg. FD disclosures re: its Comprehensive Capital Plan re: share repurchases & dividends
3/15/11 8K re: delinquency & write-off statistics for 3 months ended 2/28/11
3/4/11 Prelim Proxy Statement re: Shareholder Meeting to be held 5/2/11 in NYC
2/2811 10K re: Fiscal year ended 12/31/10
2/15/11 8K re: delinquency & write0off statistics for 3 months ended 1/31/11
1/18/11 8K re: comp to CEO Chanault

Bank of Am BAC: 3/17/11 8K re: issuance of $1.5 bil of 3.625% of Senior Notes due 2016
3/16/11 8K re: election of Mukesh D. Ambani to Board of Directors & Compensation & Benefit Committee & Audit Committee
1/31/11 8K re: compensation of officers
1/21/11 8K re: 4Q & FY 2010 results

Boeing BA: 3/18/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/2/11 in Chicago
2/9/11 10K & 1/26/11 8K re: 12/31/10 results & FY 2011 guidance
1/11/11 8K re: resignation of William M. Daley from Board to be Chief of Staff to Pres. Obama

Caterpiller CAT: 3/8/11 8K re: price changes of products
3/18/11 8K re: Reg FD disclosures re: 3 months dealer statistics
2/22/11 10K re: Fiscal year ended 12/31/10
2/18/11 8K re: dealer statistics for January

Chevron CVX:
2/24/11 10K re: Fiscal year ended 12/31/10
2/1/11 8K re: compensation to officers including CEO John Watson

Cisco CSCO 3/18/11 8K re: initiation of quarterly cash dividends of 6 cents per share to be paid 4/20
3/16 & 3/15 8Ks re: issuance of debt securities
3/9/11 8K re: recasting of fin'l stmts due to combining Asia Pacific & Japan operations
2/23/11 8K re: election of Gary B. Moore as COO
2/23/11 10Q re: Quarter ended 1/29/11

Coke KO 3/10/11 Proxy Statement re: Annual Meeting of Shareholders to be held 4/27/11 in Atlanta
2/28/11 10K re: Fiscal year ended 12/31/10
2/17/11 8K re: election of Evan G. Greenberg to Board of Directors & Audit Comm.
2/17/11 8K re: Amendment of Stock Option Plan

Disney DIS 3/18/11 two 8Ks re: amendment to employment Agreement of CEO Robert A. Iger & other execs.
3/2/11 Proxy Materials re: shareholder proposal re: exec compensation
2/25/11 8K re: $2.25 bil 4 year Credit Agreement
2/8/11 10Q & 2/8/11 8K re: 1Q results
1/28/11 Proxy statement for annual shareholder meeting to be held 3/23/11 at Salt Lake City, Utah

DuPont DD: 3/18/11 Proxy re: Annual Stockholders Meeting to be held on 4/27/11 in Wilmington, DE
3/8/11 8K re: retirement of Samuel W. Bodman & John T. Dillon from Board of Directors due to reaching age 72
2/8/11 10K re FY 12/31/10
1/27/11 8K re: compensation for CEO Ellen Kullman
1/25/11 8K re: results for quarter ended 12/31/10
1/12/11 8K re: acquisition of Danish firm, Danisco
12/10 8K re: retirement of Jeffrey L. Keefer as EVP

ExxonMobil XOM: 3/15/11 8K re: results of operations presentation at analyst meeting
2/28 10K/A & 2/25 10K re: Fiscal year ended 12/31/10
2/15/11 8K re: FD Disclosure re: worldwide proved oil and gas reserve

GE: 3/14/11 Proxy re: Annual Shareholders Meeting on 4/27/11 in Salt Lake City, Utah
2/25/11 10K re: Fiscal year ended 12/31/10
2/14/11 8K re: amendments to bylaws re: calling of special meetings of shareholders
1/31/11 8K re: closing of Comcast deal giving it control of NBC Universal

Hewlett-Packard HPQ: 3/11/11 Proxy Materials re: opposition to ISS voting recommendations re: exec comp.
3/11/11 & *k 2/22/11 re: Quarter ended 1/31/11
2/1/11 Proxy statement re: 3/23/11 shareholders meeting
1/20/11 8K re: election of 5 new members to Board of Directors

Home Depot HD: 3/2/11 8K re: approval of Stock Option Plan
2/22/11 8K re: fin'l results of fiscal year & quarter ended 1/30/11
1/12/11 8K re: promotion of Aaron Carmack as Pres. of Home Depot Canada

Intel INTC: 2/28/11 8K re: completion of acquisition of McAfee
2/28/11 10K re: Fiscal year ended 12/25/10

IBM: 3/18/11 8K re: settlement with SEC of bribery charges in Asia for $10 mil
3/8/11 8K re: FD disclosure re: presentation at investor briefing
3/7/11 Proxy rel Annual Stockholders Meeting on 4/26 in St. Louis, Mo.
2/22/11 10K re: Fiscal year ended 12/31/10

JPMorganChase JPM: 2/28/11 10K re: fiscal year ended 12/31/10
2/24/11 8K re: clsoing of public offering of $3 bil of 3.45% Notes due 2016

Johnson & Johnson JNJ : 3/16/11 Proxy re: Annual Shareholders Meeting on 4/28 in New Brunswick, NJ
3/10/11 8K re: Entering into a consent decree with the FDA regarding its oversight of JNJ's McNeil Unit plants in Puerto Rico and Pennslyvania
2/25/11 10 K e: fiscal year ended 1/2/11

Kraft KFT: 3/14/11 8K re: departure of CFO timothy R. McLevish to be replaced by David A. Brearton
2/28/11 10K re: Fiscal year ended 12/31/10
2/22/11 8K re: FD disclosure re: presentation at Consumer Analyst Group of NY

McDonalds MCD: 3/9/11 8K re: FD disclosure re: comparable sales rising 3.9% in Feb.
3/3/11 Proxy re: Annual Meeting of Shareholders on 5/19/11 at Oak Brook, Ill.
2/25/11 10K re: fiscal year ended 12/31/10
2/8/11 8K re: Jan 2011 global sales

Merck MRK: 2/28/11 10K re: Fiscal year ended 12/31/10

Microsoft MSFT: 2/8/11 8K re: underwriting agreement for $750 mil of 2.5% Notes due 2016
1/27/11 10 & 1/27/11 8K for quarter ended 12/31/10

Pfizer PFE: 2/28/11 10K re: fiscal year ended 12/31/10

Procter & Gamble PG: 3/1/11 8K re: resignation of Rajat KJ. Gupta from Board of Directors
2/11/11 8K re: election of Meg Whitman to Board of Directors

3M MMM: 3/15/11 8K re: retirement of CFO Patrick D. Cambell to be replaced by David W. Meline
2/16/11 10K re: Fiscal year ended 12/31/10
2/16/11 & 2/15/11 four 8Ks re: adoption by four executives of pre-arranged trading programs

Travelers TRV: 2/17/11 10K re: Fiscal year ended 12/31/10
1/28/11 8K re: departure of Blythe McGarvie from Board
1/25/11 8K results of 4Q

United Technologies UTX: 2/25/11 Proxy re: Annual Meeting of Shareholders on 4/13/11 in Phoenix, AZ
2/10/11 10K for FY 12/31/10

Verizon Communications Inc. VZ: 3/7/11 8K re: election of Lowell C. McAdam to Board of Director (he is Pres/COO)
2/28/11 10K re: fiscal year ended 12/31/10
2/3/11 8K re: increase to stock repurchase program

WalMart WMT: 2/22/11 8K re: revising fin'l info for prior operating results