Thursday, May 19, 2011

5/19/11 Thurs pm Dow Closes at 12,605.32 up 45.14 or 0.36%

www.DowJonesMonitor.com

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Post No. 1,026 The following is brought to you by Intellivest Securities Research, Inc. Toward the end of this Blog is a list of the Dow 30 current CEOs, and a ranking of the Dow 30 components by market capitalization as of April 24, 2011 and Dow 30 components' SEC filings as of April 24, 2011.

The Dow Jones Industrial Average closed Thursday at 12,650.18 up 80.6 or 0.65% from Wednesday's close of 12,560.18. Of the 30 Dow components 19 gained and 11 declined. The biggest gainers dollar-wise were Chevron CVX $103.87 +1.01 0.98% 7,455,002 and McDonald's MCD $82.51 +1.01 1.24% 5,911,850 NYSE and percentage-wise was American Express AXP $51.82 +0.76 1.49% 6,947,862 NYSE. The biggest decliner dollar-wise was Hewlett-Packard HPQ $36.13 -0.36 0.99% 31,162,102 NYSE and percentage-wise was Intel INTC $23.54 -0.34 1.42% 98,356,453 NASDAQ-GS.

As of the open of the market Thursday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132129493. Thursday's trailing P/E is 14.31 up from Wednesday's trailing P/E of 14.21 (year ago it was 15.19); the P/E estimate is 12.74 unchanged from Wednesday's P/E estimate of 12.74 (year ago it was 13.10), and the dividend yield is 2.37 down from Wednesday's dividend yield of 2.38 (last year it was 2.62). 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.

Thursday's Dow Jones Industrial Average closing numerator was 1,665.54 up 5.97 from Wednesday's closing numerator of 1,659.57. 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 Thursday's Dow Jones Industrial Average was $55.52 up 0.30 from Wednesday's average closing price of $55.32. The median closing price of Thursday's Dow Jones Industrial Average was $47.70 (AXP/JPM) up 0.15 from Wednesday's median closing price of $47.55. The lowest volume was Travelers TRV $62.81 -0.19 0.3% 2,034,742 NYSE and the highest volume was again Bank of America BAC $11.69 -0.10 0.85% 121,097,815 NYSE.

If Thursday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $597 ($166,553 - $165,957).

MarketWatch Thursday 5/19/11 4:19 pm by Rex Crum says US stocks indexes closed with gains Thursday on a day highlighted by the initial public offering of LinkedIn Corp. which more-than-doubled to close at $94.25 a share. The Nasdaq Composite Index COMP +0.30% rose 8.3 points to 2,823, while the Dow Jones Industrial Average climbed by 45 points to close at 12,605. The S&P 500 Index SPX +0.22% rose almost 3 points to end the day at 1,343.

Thursday's Closing Dow Numbers:

AT&T T $31.4 +0.20 0.64% 14,726,519 NYSE
Alcoa AA $16.67 -0.02 0.12% 19,908,444 NYSE
American Express AXP $51.82 +0.76 1.49% 6,947,862 NYSE
Bank of America BAC $11.69 -0.10 0.85% 121,097,815 NYSE
Boeing BA $78.02 +0.88 1.14% 3,346,199 NYSE
Caterpillar CAT $105.3 +0.05 0.05% 8,617,470 NYSE
Chevron CVX $103.87 +1.01 0.98% 7,455,002 NYSE
CSCO $16.66 +0.01 0.06% 68,246,964 NASDAQ-GS
Coke KO $68.46 +0.16 0.23% 6,485,813 NYSE
DIS $41.38 -0.04 0.1% 10,068,654 NYSE
DuPont DD $53.43 +0.14 0.26% 3,823,062 NYSE
Exxon XOM $82.33 +0.59 0.72% 15,247,267 NYSE
GE $19.96 +0.20 1.01% 43,105,270 NYSE
Hewlett-Packard HPQ $36.13 -0.36 0.99% 31,162,102 NYSE
Home Depot HD $37.39 -0.07 0.19% 7,095,142 NYSE
Intel INTC $23.54 -0.34 1.42% 98,356,453 NASDAQ-GS
IBM $170.59 +0.15 0.09% 3,590,005 NYSE
JPMorgan JPM $44 -0.08 0.18% 19,538,869 NYSE
JNJ $66.39 -0.11 0.17% 9,694,203 NYSE
KFT $34.99 +0.11 0.32% 8,688,385 NYSE
McDonald's MCD $82.51 +1.01 1.24% 5,911,850 NYSE
MRK $37.38 -0.20 0.53% 11,414,259 NYSE
MSFT $24.715 +0.025 0.1% 41,781,590 NASDAQ-GS
Pfizer PFE $21.03 -0.15 0.71% 50,621,116 NYSE
Procter & Gam PG $67.46 +0.08 0.12% 7,444,225 NYSE
MMM $94.71 +0.77 0.82% 2,386,828 NYSE
Travelers TRV $62.81 -0.19 0.3% 2,034,742 NYSE
United Technologies UTX $88.1 +0.95 1.09% 3,773,223 NYSE
Verizon VZ $37.32 +0.23 0.62% 9,704,141 DualListed
Walmart WMT $55.48 +0.30 0.54% 7,701,149 NYSE

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The following are excerpts from Thurs. morning's Blog.

A read of the print editions of Thursday's Wall Street Journal, Financial Times, New York Times & USA 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 Wednesday's stock prices and related data.

Dow Jones Industrial Average: The Dow Jones Industrial Average closed Wednesday at 12,650.18 up 80.6 or 0.65% from Wednesday's close of 12,479.58. Of the 30 Dow components 7 gained and 23 declined. The biggest gainer dollar-wise was and percentage-wise was Caterpillar CAT $105.25 +3.17 3.11% 9,472,870 NYSE. The biggest decliner dollar-wise was NYSE and percentage-wise was Hewlett-Packard HPQ $36.49 -0.42 1.14% 44,644,963 NYSE.

WSJ pC5 "Dow halts 3 day losing streak" by Steve Russolillo says stocks snapped a 3 day losing streak as the Fed showed central bank officials are in no hurry to tighten monetary policy even as they hyeld detailed exit strategy talks. Caterpillar, Chevron & Exxon powered the Dow. Dell had good 1Q earnings that contrasted with Hewlett-Packard's disappointing outlook this week.

NYT pB11 "Wall St ends higher as oil prices rise" by AP says widespread gains in commodity prices lifted energty & materials firms as part of a broad stock market rally Wed after 3 days of declines.

USA Today p4B "Upbeat reports helps stocks reverse 3 ays of descent" by Bloomberg says stocks rose Wed, snapping a 3 day drop as the Fed signaled low interest rates, commodities rebounded & earnings at firms including Dell beat analysts' estimates.

Wednesday's Dow Jones Industrial Average closing numerator was 1,671.46 up 22.54 from Tuesday's closing numerator of 1,648.92. 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 Wednesday's Dow Jones Industrial Average was $55.72 up 0.76 from Tuesday's average closing price of $54.96. The median closing price of Wednesday's Dow Jones Industrial Average was $47.55 (AXP/JPM) up 0.28 from Tuesday's median closing price of $47.29. The lowest volume was Travelers TRV $63 +0.43 0.69% 2,156,922 NYSE and the highest volume was again Bank of America BAC $11.79 -0.11 0.92% 153,004,105 NYSE.

If Wednesday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $2,254 ($167,146 - $164,892).

MarketWatch Wednesday 5/18/11 5:42 pm by Laura Mandaro says US stocks rose Wednesday in a partial bounce-back from their recent slide, as results from personal-computer maker Dell Inc. helped boost sentiment and offset a disappointing forecast from retailer Staples Inc. The major indexes added to their advance after the afternoon release of minutes from the Federal Reserve’s April meeting, which showed the central bank’s members divided on whether to hike interest rates this year. “The Federal Reserve discussed numerous ‘exit strategies’ at its latest FOMC meeting, but it stressed that these discussions did not entail immediate actions,” said Gregory Daco, U.S. senior economist at IHS Global Insight, in written comments. The Dow Jones Industrial Average quit three days of losses to end up 80.6 points, or 0.7%, at 12,560.18. Out of 30 components, 23 gained, with percentage advancers led by Caterpillar Inc.
Chevron Corp. and Exxon Mobil Corp. were also among the top blue-chip gainers, as crude-oil futures topped $100 a barrel and after a Democratic proposal to strip $2 billion in annual tax subsidies to the two oil giants and three others failed in the U.S. Senate. Read more on energy stocks.
The Standard & Poor’s 500 Index added 11.7 points, or 0.9%, to 1,340.68, with natural-resource and energy leading the gains among its 10 industry groups. Utilities was the only sector lower. Stocks climb after Fed minutesStocks snapped a three-day losing streak as the Federal Reserve's minutes showed central-bank officials are in no hurry to tighten monetary policy even as they held detailed exit-strategy talks.The cyclical sectors, including energy and materials, were at the frontlines of the advance from the bear market low in March 2009 but have started to lag more defensive sectors, such as telecoms and consumer staples. Uncertainty about how the market will respond once the Federal Reserve winds down its quantitative-easing program in June, and some disappointing economic data and corporate reports, have caused some investors to shift their portfolio towards sectors seen as less volatile. But there are still pockets of optimism about the recovery, making day-to-day trading choppy.
“Some days investors on balance believe that there’s a serious slowdown that lies ahead. Some days they don’t have that conclusion. It’s on again, off again,” said Hugh Johnson, chief investment officer at Hugh Johnson Advisors. “There’s a great deal of uncertainty whether this will be curtains for the bull market and recovery or this will just be midcycle slowdown. Today, it’s probably just a midcycle slowdown,” he said.
On Wednesday, the bulls took heart from earnings reports from Dell , which late Tuesday reported stronger-than-forecast profit and raised its outlook for the year. Dell shares closed up 5.4%. Also, Deere & Co. said its fiscal second-quarter profit rose 65% as rising crop prices supported demand for its equipment. But shares slid 0.5% on concerns profit growth was decelerating. “Encouraging news from Dell Inc. yesterday and Deere & Co. this morning should give equity investors a momentary lift,” said Fred Dickson, chief investment strategist at Davidson Cos. Discount-retailer Target Corp. also reported a larger-than-expected rise in quarterly profit. Hewlett-Packard Co. led the Dow’s decliners, with shares off 1.1% a day after the company reported that weak PC sales curbed second-quarter profit. Staples Inc. shares tumbled 15% after the office-supplies chain reported profits that missed expectations, as demand in Canada and Europe weakened. Dan Greenhaus, chief economic strategist at Miller Tabak, chalked up the market’s more defensive posturing this month as more to do with concerns about growth and earnings and less to do with any Fed-related worries. “It is our belief that the most bullish forecasters predicting optimistic equity returns over 2011 and 2012 are — once again — going to have to revise their projections,” said Greenhaus, who added that the market’s defensive stance is illustrated by the four best-performing industry groups in May as of Monday’s close: health care, utilities, staples and telecom. WSJ's Steve Russolillo reports a change in attitude in the markets as traders may be less willing to execute as much risk as in past months. The Nasdaq Composite Index ended up 31.79 points, or 1.1%, to 2,815. For every stock falling, about four gained on the New York Stock Exchange, where 884 million shares traded hands, or 94% of the last month‘s volume. On the New York Mercantile Exchange, commodities rose for the first day in three, with oil futures closing up 3.3% at $100.10 a barrel and gold futures finishing at $1,495.80 an ounce, up $15.80. A late rally Tuesday helped curb steep losses in the Dow, which fell as much as 170 points during the session but closed down 68.79 points, or 0.6%, to 12,479.58.

Wednesday's Closing Dow Numbers and Thursday's News:

AT&T T $31.2 +0.08 0.26% 17,757,629 NYSE: WSJ pB2 "Silicon Valley support sought on AT&T deal" by Spencer Ante says AT&T execs are courting top vc firms for support of its proposed $39 bil takeover of T-Mobile.

Alcoa AA $16.69 +0.24 1.46% 17,606,526 NYSE:

AXP $51.06 +0.30 0.59% 7,241,295 NYSE:

Bank of America BAC $11.79 -0.11 0.92% 153,004,105 NYSE:

Boeing BA $77.14 +0.46 0.6% 3,637,977 NYSE: WSJ pB3 "WTO gives airbus a mixed win" by John Miller says US and Boeing officisals aid a WTO ruling supported some of their claims against Airbus that some Europena nations gave Airbus subsidies.

Caterpillar CAT $105.25 +3.17 3.11% 9,472,870 NYSE: WSJ pC5 "Dow halts 3 day losing streak" by Steve Russolillo says stocks snapped a 3 day losing streak as the Fed showed central bank officials are in no hurry to tighten monetary policy even as they hyeld detailed exit strategy talks. Caterpillar, Chevron & Exxon powered the Dow. Dell had good 1Q earnings that contrasted with Hewlett-Packard's disappointing outlook this week

Chevron CVX $102.86 +2.45 2.44% 8,194,012 NYSE: WSJ pC5 "Dow halts 3 day losing streak" by Steve Russolillo says stocks snapped a 3 day losing streak as the Fed showed central bank officials are in no hurry to tighten monetary policy even as they hyeld detailed exit strategy talks. Caterpillar, Chevron & Exxon powered the Dow. Dell had good 1Q earnings that contrasted with Hewlett-Packard's disappointing outlook this week

CSCO $16.65 +0.01 0.06% 92,724,663 NASDAQ-GS:

Coke KO $68.3 +0.31 0.46% 6,714,510 NYSE:

DIS $41.42 +0.41 1% 9,953,779 NYSE:

DuPont DD $53.29 +0.99 1.89% 5,087,821 NYSE:

Exxon XOM $81.74 +1.33 1.65% 17,959,973 NYSE: WSJ pC5 "Dow halts 3 day losing streak" by Steve Russolillo says stocks snapped a 3 day losing streak as the Fed showed central bank officials are in no hurry to tighten monetary policy even as they hyeld detailed exit strategy talks. Caterpillar, Chevron & Exxon powered the Dow. Dell had good 1Q earnings that contrasted with Hewlett-Packard's disappointing outlook this week

GE $19.76 +0.17 0.87% 46,127,152 NYSE:

Hewlett-Packard HPQ $36.49 -0.42 1.14% 44,644,963 NYSE: WSJ pC5 "Dow halts 3 day losing streak" by Steve Russolillo says stocks snapped a 3 day losing streak as the Fed showed central bank officials are in no hurry to tighten monetary policy even as they hyeld detailed exit strategy talks. Caterpillar, Chevron & Exxon powered the Dow. Dell had good 1Q earnings that contrasted with Hewlett-Packard's disappointing outlook this week

Home Dep HD $37.46 +0.06 0.16% 9,077,277 NYSE:

Intel INTC $23.88 +0.33 1.4% 65,592,836 NASDAQ-GS: WSJ pB6 "Intel sets new cchips for tablets" by Lorraine Luk says Intel will introduce more than 10 tablets that run on its own chips later this month as Intel tries to catch up in the touchscreen market.

IBM $170.44 -0.06 0.04% 4,157,195 NYSE:

JPMorgan JPM $44.08 +0.27 0.62% 24,382,933 NYSE:

JNJ $66.5 +0.10 0.15% 9,024,367 NYSE:

KFT $34.88 +0.05 0.14% 7,098,199 NYSE:

MCD $81.5 +0.57 0.7% 4,378,742 NYSE:

MRK $37.58 +0.31 0.83% 12,975,585 NYSE:

MSFT $24.69 +0.17 0.69% 53,931,025 NASDAQ-GS: WSJ pB6 "Senator questions 6 tech giants on Wife data" by Jennifer DeVries says sen Bluemntal asked Microsoft and others whether big tech firms are gathering personal data from local WiFi networks.

Pfizer PFE $21.18 +0.04 0.19% 44,949,691 NYSE:

PG $67.38 -0.04 0.06% 8,870,963 NYSE:

MMM $93.94 +0.08 0.09% 3,341,518 NYSE WSJ pB4 "3M CEO plans to sell $33 mil of shares" by James Hagerty says George Buckley will sell 350,272 shares.

TRV $63 +0.43 0.69% 2,156,922 NYSE:

UTX $87.15 -0.67 0.76% 5,737,647 NYSE:

VZ $37.09 -0.02 0.05% 9,432,965 DualListed:

WMT $55.18 -0.36 0.65% 11,425,317 NYSE:


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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 4/24/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $428 [5]
2. Procter & Gamble PG 253.5 [4]
3. Chevron CVX 217.5 [2]
4. Microsoft MSFT 214.5 [8.5]
5. GE 212 [10.5]
6. IBM 205 [1]
7. WalMart WMT 187 [3.5]
8. AT&T T 181.5 [6]
9. JPMorgan Chase JPM 178 [4]
10. Johnson & Johnson JNJ 175.5 [3]
11. Pfizer PFE 158 [8]
12. Coke KO 156 [2.5]
13. Bank of America BAC 125 [10]
14. Intel INTC 118 [5.5]
15. Merck MRK 105 [3]
16. Verizon VZ 104 [3]
17. Cisco CSCO 93.5 [5.5]
18. Hewlett-Packard HPQ 88.5 [2]
19. Disney DIS 80 [2]
20. McDonald's MCD 80 [1]
21. United Technologies UTX 80 [1]
22. Caterpillar CAT 70 [.5]
23. 3M MMM 67 [.5]
24. Home Depot HD 61.5 [1.5]
25. Kraft KFT 58.5 [2]
26. American Express AXP 56.5 [1]
27. Boeing BA 55.5 [1]
28. DuPont DD 52 [1]
29. Travelers TRV 26 [.5]
30. Alcoa AA 18 [1]

Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 4/24/11:

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

AT&T T: 4/20/11 2 8Ks re: first quarter results
4/13/11 Prospectus & 4/1/aa S-4 re: offer to exchange $3.5 bil of 5.35% Global Notes due '40
3/31/11 & 3/21/11 2 8Ks re: purchase of T-Mobile USA, Inc. from Deutsche Telekom for $20 bil
3/29/11 8KA re: replacement of Richard Lindner as CFO with John J. Stephens
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: 4/21/11 10Q & 4/12/11 8K re: first quarter results ending 3/31/11
4/14/11 8K transcript re: 1Q earnings conference call
4/13/11 8K & Prospectus re: issuance of $1.2 bil of 5.4% Notes due '21 & tnender offer for 5.3% Notes due '13
3/7/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/6/11 in Pittsburg, PA

American Express AXP: 4/20/11 8K re: 1Q results ending 3/31/11
4/18/11 8K re: delinquency & write-off statistics for 1Q ended 3/31/11
3/28/11 8K re new digital payments platform "Serve"
3/24/11 & 3/23 & 3/22 Proxy materials re: 2011 Annual Meeting of Shareholders at 5/2/11 at AXP Headquarters in NYC
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

Bank of Am BAC: 4/15/11 8K re: shuffling of execs, C. Noski, E. O'Keefe & B. Thompson
4/15/11 re results of 1Q ending 3/31/11
3/3011 Proxy re: Annual Meeting of Stockholders on 5/11/11 at BAC Headquarters in Charlotte, N.C.
3/23/11 8K re: submission to Fed Res. Baord of comprehensive capital plan
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

Boeing BA: 3/21/11 Annual Report to Sahreholders
3/18/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/2/11 in Chicago

Caterpiller CAT: 4/15/11 Proxy re: Annual Meeting of Stockholders on 6/8/11 at Little Rock, Ark.
3/8/11 8K re: price changes of products
3/18/11 8K re: Reg FD disclosures re: 3 months dealer statistics

Chevron CVX: 4/14/11 4 Proxy filings re: Annual Meeting of Stockholders on 5/25/11at Chevron headquarters in San Ramon, CA.
4/11/11 8K re: first quarter interim update
4/4/11 8K re: increase of exec comp.

Cisco CSCO 3/28/11 8K re: pre-arranged stock trading plan for certain execs
3/22/11 8K-A re: election of Gary B. Moore as COO
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

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 3/25/11 8K re: adoption of exec stock option plan
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

DuPont DD: 4/21/11 8K re results for quarter ended 3/31/11
4/13/11 Proxy re annual meeting of stockholders on 4/27/11in Wilmington, DE
3/31/11 S-3 shelf registration for debt securities and common stock
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

ExxonMobil XOM: 4/14/11 Annual Report to Shareholders
4/13/11 2 Proxy filings re: annual meeting of shareholders on 5/25/11 in Dallas, TX
3/31/11 8K re: result of operations for 2010
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

GE: 4/21/11 8K re: first quarter results
4/18/11 proxy re: answers to shareholder's question re: CEO's stock options
4/15/11 Annual Report to Shareholders
4/711 & 3/30/11 Proxy materials re: proposal on exec comp proposal at annual meeting of shareholders on 4/27/11
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

Hewlett-Packard HPQ: 3/28/11 8K re amendment of by-laws to decrease number of directors from 17 to 13
3/22/11 8K re: info re: status of Hewlett-Packard employees as a result of Japanese earthquake
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

Home Depot HD: 4/18/11 Annual Report to Shareholders
4/15/11 proxy re: annual meeting of shareholders on 6/2/11 in Atlanta
3/31/11 8K re: underwriting agreement re: $3 bil of Senior Notes due 2021 & 2041
3/2/11 8K re: approval of Stock Option Plan

Intel INTC: 4/20/11 & 4/19/11 8Ks re: financial info & CFO commentary re: results for quarter ended 4/2/11
4/13/11 8K re: fin'l info re: recently closed acquisition of Infineon Wireless & McAfee
4/7/11, 4/5/11 & 4/4/11 Proxy materials re: annual meeting of shareholders on 5/19/11 at Intel's headquarters in Santa Clara, CA
3/21/11 8K re: fin'l info re: its McAfeesubsidiary
2/28/11 8K re: completion of acquisition of McAfee
2/28/11 10K re: Fiscal year ended 12/25/10

IBM: 4/20/11 & 4/19/11 8Ks re: CFO comments re: 1Qtr fin'l results ended 3/31/11
3/25/11 Proxy re: voting at annual meeting of stockholders on 4/26
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.

JPMorganChase JPM: 4/20/11 Proxy brochure entitled "Overview"
4/14/11 8K re: entering into consent orders with Fed. Reserve re: residential mortgage servicing activities
4/13/11 2 8Ks re: first quarter results
4/7/11 3 proxy filings re: annual meeting of shareholders on 5/17/11 in Columbus, Ohio
3/24/11 8K re: offering of $500 mil Floating Rate Notes due 2016
3/24/11 & 3/23/11 8Ks re: offering of Global Medium Term Notes

Johnson & Johnson JNJ : 4/19/11 Proxy re: annual meeting of shareholders on 4/28 in New Brunswick, NJ
4/19/11 8K re: first quarter results
4/15/11 8K re: settlement between Merck & JNJ re: dispute re: distribution of Remicade & Simponi
4/8/11 8K re: payment of $70,0006,316 fine for violating Foreign Corrupt Practices Act
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 Pennsylvania

Kraft KFT: 4/8/11 8K & 3/14/11 8K re: departure of CFO Timothy R. McLevish to be replaced by David A. Brearton
4/5/11 8K re: entering into revolving credit agreement for $4.5 bil
3/31/11 8K & Proxy re: nomination of Dr. Peter Henry for Board of Dir at 5/24/11 annual meeting of shareholders in Skokie, Ill

McDonald's MCD: 4/21/11 8K re: first quarter results
4/15/11 Proxy re: taking points
4/13/11 Annual Report to Shareholders
4/18/11 3 Proxy filings re: annual meeting of shareholders on 5/19/11 at McDonald's Headquarters in Oak Brook, Ill & proposal to amend cert. of incorp.
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.

Merck MRK: 4/15/11 8K re: settlement between Merck & JNJ re: dispute re: distribution of Remicade & Simponi
4/14/11 Annual Report to Shareholders
4/13/11 2 Proxy filings re: annual meeting of shareholders on 5/24/11 at North Branch, NJ
4/5/11 Schedule to tender offer to shareholders of Inspire Pharmaceuticals
3/24/11 8K re: termination of agreement between Merck & Sanofi-Aventis re: Sanofi's right to buy Merck's Merial animal health subsidiary

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: 4/14/11 & 4/11/11 Proxy & 3/22/11 2 Proxy filings re: 4/28/11 annual meeting of shareholders in Dallas, TX
4/4/11 8K re: selling Capsugel subsidiary to KKR
3/24/11 Annual report to shareholders
2/28/11 10K re: fiscal year ended 12/31/10

Procter & Gamble PG: 4/11/11 8K re: declaration of 9% quarterly dividend increase
4/5/11 8K re: sale of Pringles to Diamond
3/24/11 8K re: P&G & Teva Pharmaceutical Industries partnership for OTC medicines
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: 4/7/11 8K re: results of first quarter 2011
4/6/11 8K re: executive changes re: chief accounting officer
3/29/11 Proxy material to correct errors re: prior filing re: stock ownership of directors & officers
3/24/11 annual report to shareholders
3/23/11 2 proxy filings re: 5/10/11 annual meeting of stockholders in St. Paul, Minnesota
3/15/11 8K re: retirement of CFO Patrick D. Cambell to be replaced by David W. Meline

Travelers TRV:4/21/11 10Q & 8K for quarter ended 3/31/11
4/12/11 anual report to shareholders
4/12/11 2 proxy filings re: annual meeting of shareholders on 5/26/11 at Hartford, CT

United Technologies UTX: 4/20/11 8K re: first quarter results
4/19/11 8K re proposal to amend long term incentive plan
2/25/11 Proxy re: Annual Meeting of Shareholders on 4/13/11 in Phoenix, AZ

Verizon Communications Inc. VZ: 4/21/11 8K re: first quarter results
4/11/11 8K re: Verizon completion of Terremark acquisition
4/8/11 Schedule to tender offer re: Terremark acquisition
4/4/11 Proxy re; compensation proposal
3/25/11 Prospectus re: $6.25 bil notes
3/21/11 Proxy re: 5/5/11 annual meeting of shareholders in Indianapolis, Indiana
3/7/11 8K re: election of Lowell C. McAdam to Board of Director (he is Pres/COO)

WalMart WMT: 4/19/11 annual report to shareholders
4/18/11 2 Proxy filings re: annual meeting o shareholders on 6/3/11 at U. of Ark in Fayetteville, Ark.
4/15/11 8K & 4/13/11 Prospectus re: issuance of $5 bil of notes
3/30/11 10K for fiscal year ended 1/31/11