Tuesday, March 22, 2011

3/22/11 Tues am AT&T Takeover of T-Mobile Dominates the News

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Post No. 935 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 Tuesday's Wall St. Journal, Financial Times, New York Times, USA Today, Daily Report (Ga. - carries Bloomberg) & 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 Monday's stock prices and related data.

Dow Jones Industrial Average: The Dow Jones Industrial Average closed Monday at 12,036.53 up 178.01 points or 1.59% from Friday's close of 11,858.52. For the year the Dow is up 3.96%. Of the 30 Dow components 27 gained and 3 declined. The biggest gainer dollar-wise was Caterpillar CAT $107.59 +2.53 2.41% 7,643,964 NYSE and percentage-wise was Boeing BA $71.2 +2.10 3.04% 5,252,339 NYSE. The biggest decliner dollar-wise and percentage-wise was Pfizer PFE $19.975 -0.205 1.02% 47,340,518 NYSE.

WSJ pC1 "Dow reclaims 12000 with 178 point jump" by Jonathan Cheng says in the new bianry world of fin'l markets, Mon was "risk on." Investors emboldened by signs the worst may be over in Japan & the Mid East snapped up riskier assets such as stocks, commodities & the euro & shunned safe haven instruments like Treasurys. Adding to the optimism was AT&T's deal to buy T-Mobile USA.

Fin Times p24 "Sprint Nextel tumbles 13.6% as AT&T deal rattles telecoms sector" by Michael Stothard says the telecom ecgtor was shaken by news that AT&T will buy T-Mobile USA, while elsewhere on Wall St. sentiment improved as concerns over Japan's nuclear crisis eased. The telecom sector had a mixed reaction, Verizon was up 1.7%.

NYT pB8 "Dow soars above 12,000 on AT&T deal for T-Mobile" by Christine Hauser says corp mergers & receding fears over Japan's nuclear crisis helped global markets rise on Monday.

USA Today p4B "Stocks soar as Libya, Japan worries ease" by Bloomberg says stocks rallied, sending the S&P 500 index higher for a 3rd session Mon, as concern eased that Japan will suffer a nuclear meltdown and after AT&T agreed to buy T-Mobile USA.

As of the open of the market Tuesday, 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 is 14.63 up from Monday's 14.41 (year ago it was 16.82); the P/E estimate is 12.29 unchanged from Monday's 12.29 (year ago it was 13.77), and the dividend yield is 2.42 down from Monday's 2.46 (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.

Monday's Dow Jones Industrial Average closing numerator was 1,593.95 up 17.09 from Friday's closing numerator of 1,566.86. 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 Monday's Dow Jones Industrial Average was $53.13 up $0.90 from Friday's Dow Jones Industrial Average average closing price of $52.23. The median closing price of Monday's Dow Jones Industrial Average was $45.97 (JPM/AXP) up 1.14 from Friday's median closing price of $44.84. The lowest volume was Travelers TRV $58.95 +0.89 1.53% 2,508,416 NYSE and the highest volume was again Bank of America BAC $13.05 +0.01 0.07% 112,915,417 NYSE.

If Monday 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 $2,709 ($159,395 - $156,686).

MarketWatch Monday 3/21/11 4:16 by Laura Mandaro says US stocks rallied Monday for a third straight day, finding support from corporate mergers and signs that Japan may be closer to stabilizing the nuclear crisis at its earthquake-hit plant. The Dow Jones Industrial Average (DJIA 12,037, +178.01, +1.50%) closed up 178.01 points, or 1.5%, to 12,036.53, led by a 3% rise in Boeing Co. (BA 71.07, -0.13, -0.18%) shares. The last time Dow closed above 12,000 was March 11, the first U.S. trading session after a 9.0 earthquake hit Japan. The S&P 500 (SPX 1,298, +19.18, +1.50%) gained 19.18 points, or 1.5%, to 1,298.38, with energy shares leading gains. The Nasdaq Composite (COMP 2,692, +48.42, +1.83%) ended up 48.42 points, or 1.8%, to 2,692.09.

Monday's Closing Dow Numbers and Tuesday's News:

AT&T T $28.26 +0.32 1.15% 61,500,365 NYSE: Fin Times p13 "AT&T open to making concessions for US deal" by Andrew Parker, Fin Times p15 "Spectrum at the heart of AT&T's audacious move" by Andrew Parker, Fin Tlimes p12 "Sprint, the also ran", WSJ pC8 "AT&T deal should boost Verizon" by Martin Peers, USA Today p1B "AT&T deal raises fears of higher charges" by David Lieberman, WSJ pB1 "AT&T digs in for a fight" by Amy Schatz, WSJ pB4 "Wireless deal dials up worries" by Spencer Ante, NYT pB1 "AT&T's cost for getting T-Mobile" by Andrew Sorkin say AT&T has signaled it is willing to make concessions to secure regulatory approval for its $39 bil bid to buy Deutsche Telekom's T-Mobile USA. AT&T would leapfrog Verizon Wireless to become the leading US mobile operator with 44% market share by rev and would have 121 mil retail customers. The deal will help Verizon because it will take years to approve the deal and then to integrate the networks which will distract AT&T as Verizon will begin operating its LTE network.

WSJ pC8 "A $20 bil hand palyed by JPMorgan" by David Reilly, WSJ pB5 "JPMorgan loan shows confidence in market" by David Benoit say JPMorgan to give AT&T a $20 bil one year bridge loan to help finance the T-Mobile takeover.

Fin Times p24 "Sprint Nextel tumbles 13.6% as AT&T deal rattles telecoms sector" by Michael Stothard, USA Today p3B "Sprint stock takes a hit from AT&T deal" by Scott Martin say the telecom ecgtor was shaken by news that AT&T will buy T-Mobile USA, while elsewhere on Wall St. sentiment improved as concerns over Japan's nuclear crisis eased. The telecom sector had a mixed reaction, Verizon was up 1.7%.

WSJ pC1 "Dow reclaims 12000 with 178 point jump" by Jonathan Cheng says in the new bianry world of fin'l markets, Mon was "risk on." Investors emboldened by signs the worst may be over in Japan & the Mid East snapped up riskier assets such as stocks, commodities & the euro & shunned safe haven instruments like Treasurys. Adding to the optimism was AT&T's deal to buy T-Mobile USA.

Alcoa AA $16.551 +0.441 2.74% 18,554,825 NYSE: No mentions found.

Amex AXP $44.32 +0.15 0.34% 5,211,925 NYSE: No mentions found.

Bank of America BAC $14.05 +0.01 0.07% 112,915,417 NYSE: No mentions found.

Boeing BA $71.2 +2.10 3.04% 5,252,339 NYSE: No mentions found.

Caterpillar CAT $107.59 +2.53 2.41% 7,643,964 NYSE: No mentions found.

Chevron CVX $105.19 +2.39 2.32% 8,634,042 NYSE: No mentions found.

CSCO $17.3875 +0.2475 1.44% 57,161,424 NASDAQ-GS: No mentions found.

Coke KO $63.57 +0.87 1.39% 6,178,173 NYSE: No mentions found.

DIS $41.82 +0.59 1.43% 7,050,628 NYSE: No mentions found.

DuPont DD $53.83 +0.84 1.59% 5,170,633 NYSE: No mentions found.

Exxon XOM $82.84 +1.99 2.46% 17,867,220 NYSE: No mentions found.

GE $19.72 +0.47 2.44% 52,645,591 NYSE: No mentions found.

Hewlett-Packard HPQ $41.765 +0.445 1.08% 14,346,218 NYSE: No mentions found.

Home Depot HD $36.43 +0.43 1.19% 7,590,186 NYSE: No mentions found.

Intel INTC $20.19 +0.26 1.3% 43,165,982 NASDAQ-GS: WSJ pC3 "Prosecutros: tapes show Intel deal tips" by Jenny Strasburg, NYT pB2 "Rajaratnam benefited ahead of Hilton worldwide takeover, prosecutors contend at trial" by Azam Ahmed say a former Intel exec was taped alking with Galleon founder in the latest update on the Galleon insider trading trial.

IBM $157.68 +1.79 1.15% 5,741,236 NYSE: No mentions found.

JPMorgan JPM $45.63 -0.11 0.24% 28,706,260 NYSE: WSJ pC8 "A $20 bil hand palyed by JPMorgan" by David Reilly, WSJ pB5 "JPMorgan loan shows confidence in market" by David Benoit say JPMorgan to give AT&T a $20 bil one year bridge loan to help finance the T-Mobile takeover.

JNJ $58.83 +0.26 0.44% 10,587,869 NYSE: No mentions found.

KFT $30.89 -0.10 0.32% 14,775,865 NYSE: No mentions found.

MCD $73.76 +0.77 1.05% 5,286,223 NYSE: No mentions found.

MRK $32.39 +0.48 1.5% 15,162,347 NYSE: No mentions found.

Microsoft MSFT $25.33 +0.53 2.14% 46,585,743 NASDAQ-GS: WSJ pB3 "Microsoft takes aim at B&N" by Nick Wingfield says Microsoft sued Barnes & Noble and the makers of its Nook e-book, escalating a series of patent battles over gadgets based on Googles' Android operating system.

USA Today p1B "Tablets take PC evolution to next level" by Scott Martin says the post-PC era represetns a change in consumer behavior. Its not just the device, its the social behavior, a social trend. The impact of Microsoft's tablet missteps in adapting its mobile stategyu to capture consumer interest was punctuated last year when Apple passed Microsoft inv alue to become the No. 1 tech firm based on market cap.

Pfizer PFE $19.975 -0.205 1.02% 47,340,518 NYSE: No mentions found.

Procter & Gamble PG $61.3 +0.70 1.16% 9,500,719 NYSE: No mentions found.

MMM $90.95 +1.97 2.21% 3,536,845 NYSE: No mentions found.

Travelers TRV $58.95 +0.89 1.53% 2,508,416 NYSE: No mentions found.

United Tech UTX $81.46 +1.30 1.62% 3,168,025 NYSE: No mentions found.

Verizon VZ $36.46 +0.62 1.73% 26,918,976 Dual Listed: Fin Times p13 "AT&T open to making concessions for US deal" by Andrew Parker, Fin Times p15 "Spectrum at the heart of AT&T's audacious move" by Andrew Parker, Fin Tlimes p12 "Sprint, the also ran", WSJ pC8 "AT&T deal should boost Verizon" by Martin Peers, USA Today p1B "AT&T deal raises fears of higher charges" by David Lieberman, WSJ pB1 "AT&T digs in for a fight" by Amy Schatz, WSJ pB4 "Wireless deal dials up worries" by Spencer Ante, NYT pB1 "AT&T's cost for getting T-Mobile" by Andrew Sorkin say AT&T has signaled it is willing to make concessions to secure regulatory approval for its $39 bil bid to buy Deutsche Telekom's T-Mobile USA. AT&T would leapfrog Verizon Wireless to become the leading US mobile operator with 44% market share by rev and would have 121 mil retail customers. The deal will help Verizon because it will take years to approve the deal and then to integrate the networks which will distract AT&T as Verizon will begin operating its LTE network.

WSJ pC8 "A $20 bil hand palyed by JPMorgan" by David Reilly, WSJ pB5 "JPMorgan loan shows confidence in market" by David Benoit say JPMorgan to give AT&T a $20 bil one year bridge loan to help finance the T-Mobile takeover.

Fin Times p24 "Sprint Nextel tumbles 13.6% as AT&T deal rattles telecoms sector" by Michael Stothard, USA Today p3B "Sprint stock takes a hit from AT&T deal" by Scott Martin say the telecom ecgtor was shaken by news that AT&T will buy T-Mobile USA, while elsewhere on Wall St. sentiment improved as concerns over Japan's nuclear crisis eased. The telecom sector had a mixed reaction, Verizon was up 1.7%.

WSJ pC1 "Dow reclaims 12000 with 178 point jump" by Jonathan Cheng says in the new bianry world of fin'l markets, Mon was "risk on." Investors emboldened by signs the worst may be over in Japan & the Mid East snapped up riskier assets such as stocks, commodities & the euro & shunned safe haven instruments like Treasurys. Adding to the optimism was AT&T's deal to buy T-Mobile USA.

Walmart WMT $51.92 +0.40 0.78% 8,615,114 NYSE: WSJ pC1 "Walgreens: beer, flu shots & cost control" by Kelly Evans says Walgreen has become one of the hottest names in retail with its shares up 40% the past 6 months while big box titans like Walmart & Best Buy have stumbled.

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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