Wednesday, July 10, 2013

7/10/13 Wed am Bank of America & JPMorgan Will Need to Raise $

http://www.dowjonesmonitor.com/

Post No. 2,268  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 recent ranking of the Dow 30 components by market capitalization and recent Dow 30 components' SEC filings.


A read of the print editions of  Wednesday's Wall St. Journal, Financial Times, Investor's Business Daily, New York Times, USA Today,    Atlanta Journal & amp; Constitution & Daily Report (Ga. - carries Bloomberg)   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 a separate table of Dow component's symbol and Tuesday's stock prices and related data in alphabetical order.

Dow Jones Industrial Average:      The Dow Jones Industrial Average closed Tuesday at 15330.34 up 75.65 or 0.50% from Monday's close of 15135.84. For the year the Dow is up 16.76%.  Of the Dow components  26 gained  and 4   declined. The biggest gainer dollar-wise  and percentage-wise was  Caterpillar up $2.13 or 2.56% . The biggest decliner dollar-wise and percentage-wise was IBM down $3.73 or 1.91%.

WSJ pC4 "Stocks keep on rolling" by Kaitlyn Kiernan says stocks rose pushing the Nasdaq to a 12 year high as earnings season got off to a decent start as the Dow has its longest winning streak since April.  Alcoa lost one cents after reporting Mon 2Q adjusted earnings that were higher than analysts expected but rev was in line with forecasts.  JPMorgan reports at the end of the week.

IBD pB4 "Indexes continue rising; Nasdaq nears new high" by Juan Carlos Arancibia says the major indexes cont'd their 2 week old rebound Tues as Tuesday's action saw broad gains and the current outlook is market in correction.

NYT pB7 "Mrket rises for 4th straight day on hope earnings will exceed forecasts" by Reuters says the stock market gained as investors seemed optimistic that firms would surpass low forecasts for the earnings season.

AJC pA11 "Stocks gain for 4th day" by AP ays investors bought firms that fare best when the economic outlook is bright.  All indexes rose but gains were led by the riskier parts of the market.


As of the open of the market on Wednesday the current divisor for the Dow Jones Industrial Average found at page C5   of  Wednesday's Wall St. Journal is 0.130216081. Wednesday's  trailing P/E ratio is   16.72 up from yesterday's     trailing P/E ratio of 16.64 (last year it was 14.02);  today's P/E estimate is   13.55 up   from Tuesday's  P/E estimate of 13.42  (year ago it was 12.15) and today's   dividend yield is   2.40 down   from yesterday's dividend yield of 2.41 (last year it was 2.65). The Dow's all-time high was 15,409.39 on May 28, 2013. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Tuesday's Dow Jones Industrial Average closing numerator was 1992.35 up 9.85 from Monday's closing numerator of 1982.50. 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 change for today by the divisor (0.130216081) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $7.68 change in the Dow Index.

The average closing price (the closing numerator divided by 30) of   Tuesday's Dow Jones Industrial Average was $66.41 up 35 cents from Monday's average of $66.06.  The median closing price of Tuesday's Dow Jones Industrial Average was $66.44   (DIS/UNH) up 30 cents from Monday's median closing price of $66.14. The lowest volume was Travelers and the highest volume again was Bank of America.

If Tuesday 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 or dividends) and sold at the close you would have made  $985   ($199,235 -$198,250 ).

Tuesday MarketWatch 4:19 by   Kate Gibson says U.S. stocks climbed on Tuesday, pushing the S&P 500 to within 1% of its all-time closing high, as Wall Street embraced an improving economy and higher interest rates.“The market is voting itself that things are improving, with interest rates going higher without taking the stock market down,” said JJ Kinahan, chief strategist with TD Ameritrade.The S&P 500 index SPX +0.72%  added 11.86 points, or 0.7%, to 1,652.32, with materials pacing sector gains.Kroger agreed to acquire grocery chain Harris Teeter for $2.44 billion, its largest deal in nearly 15 years, as the supermarket owner expands further in the southeastern U.S. Annie Gasparro joins MoneyBeat. “From a technical point of view we need to test 1,650 to go higher,” Kinahan added of the level last breached three weeks ago.The market can now make a run for the May 21 record close of 1,669.16, he added.The benchmark indexes ran up to three-week highs as Alcoa Inc. AA -0.13%  started off earnings season, with the aluminum manufacturer the first Dow member to report earnings for the second quarter.“Alcoa has become a little like the ceremonial first pitch of a baseball game; we’re waiting for later this week for J.P. Morgan Chase & Co. JPM +0.35%  and Wells Fargo & Co. WFC -0.30%  to really start the game,” said Kinahan of the banking powerhouses slated to report at the end of the week.Comments from Alcoa’s CEO playing down worry about the impact of a Chinese slowdown on the company’s bottom line did cheer the market, Kinahan said.Extending a winning streak that has benchmark indexes up for a fourth session, the Dow Jones Industrial Average DJIA +0.50%  climbed 75.65 points, or 0.5%, to 15,300.34. Libor, the benchmark that underpins interest rates on trillions of dollars in financial contracts, is being sold to NYSE Euronext. An announcement of the deal is expected Tuesday. David Enrich reports.The Nasdaq Composite COMP +0.56%  rose 19.43 points, or 0.6%, to 3,504.26, lifting it above its May 21 close of 3,502.12, which was its highest finish since the year 2000.Among individual stock movers, D.R. Horton Inc. DHI +7.55%   jumped 7.6%, with shares of the home builder possibly benefiting from a report released Tuesday showing the number of foreclosures down sharply from a year ago.Shares of FedEx Corp. FDX +4.37%  rallied 4.4% on speculation that hedge fund Pershing Square was considering a position in the global shipping company.  Barnes & Noble Inc. BKS +5.38%  rose 5.4% after the bookseller said its CEO had stepped down.For every stock falling, roughly three gained on the New York Stock Exchange, where nearly 692 million shares traded.Composite volume surpassed 3.1 billion.On the New York Mercantile Exchange, the price of oil CLQ3 +0.82% rose to a 14-month-high of $103.53 a barrel and gold also grew costlier, with futures GCQ3 +1.01%  up 0.9% to finish at $1,245.90 an ounce. In the last three weeks, gold prices slid 13% in their most protracted decline since April, with the value of the metal down 35% from the record reached in the fall of 2011.                                         
In a move to increase its presence in the southeastern United States, grocer Kroger Co. KR +2.65%  agreed to acquire Harris Teeter Supermarkets Inc. HTSI +1.53% .On Wednesday, the minutes of the June 18-19 Federal Open Market Committee meeting are slated to be released, and could hold clues as to when the Fed will begin reducing its bond-buying program. “It may be September before we actually get an answer. The back-to-school spending and the housing turnover that happens in the early fall are often a good indication of the economy’s health,” said Kinahan.Yields have climbed in recent weeks on thinking the Fed would begin reducing its bond buys later in the year. On Tuesday, Treasury prices edged higher, with the 10-year yield 10_YEAR +0.15%  at 2.634%.Small-business optimism last month declined from a one-year high, the National Federation of Independent Business reported on Tuesday. Job openings climbed to 3.83 million in May, little changed from April, the U.S. Labor Department reported Tuesday.

Wednesday's Dow News followed by Tuesday's Closing Dow Numbers:

AT&T:  No mentions found.

Alcoa: WSJ pC4 "Stocks keep on rolling" by Kaitlyn Kiernan says stocks rose pushing the Nasdaq to a 12 year high as earnings season got off to a decent start as the Dow has its longest winning streak since April.  Alcoa lost one cents after reporting Mon 2Q adjusted earnings that were higher than analysts expected but rev was in line with forecasts.  JPMorgan reports at the end of the week.

American Express:  No mentions found.

Bank of America:  WSJ pA1 "Plan reins in biggest banks" by Michael R. Crittenden, WSJ pC14 "A capital catch in new rule for too big banks" by David Reilly say regulators proposed Tues raising a leverage ratio for 8 of the biggest US banks including JPMorgan and Bank of America which would require them collectively to raise $90 bil in add'l capital by '18.

NYT pB1 "UASv ows to battle abusive bill collectors" by Jessica Silver-Greenberg, Edwart Wyatt says banks, including JPMorgan and Bank of America, use illegal means to collect credit card debt.

Boeing:  IBD pA2 "Boeing" says a 777 of JAL en route to San Fran returned to Tokyo due to a low hydraulic warning.

Caterpillar:  No mentions found.

Chevron:  No mentions found.

Cisco:  No mentions found.

Coke:  AJC pA9 "Coke vows to cut use of water" by Leon Stafford says Coke will try to improve efficiency by 25% of its carbon footprint over the next 8 years.

Disney:  No mentions found.

DuPont:  No mentions found.

Exxon:  No mentions found.

GE: WSJ pC3 "Important labels for GE Capial and AIG" by Michael R. Crittenden, Erik Holm, Leslie Scism, USAT p1B "AIG, GE Capital face more regulatory oversight" by Paul Davidson,  say AIG and GE Capial could pose a risk to the US economy if they were to falter US regulators said Tues in designating the 2 firms "systemically important."

Hewlett-Packard:  No mentions found.

Home Depot:  No mentions found.

Intel:  No mentions found.

IBM:  IBD pA2 "IBM seen slipping in China" says Goldman Sachs downgraded IBM to neutral from buy due to IBM's slowing growth in emerging markets, including China.

JPMorgan: WSJ pC4 "Stocks keep on rolling" by Kaitlyn Kiernan says stocks rose pushing the Nasdaq to a 12 year high as earnings season got off to a decent start as the Dow has its longest winning streak since April.  Alcoa lost one cents after reporting Mon 2Q adjusted earnings that were higher than analysts expected but rev was in line with forecasts.  JPMorgan reports at the end of the week.

  WSJ pA1 "Plan reins in biggest banks" by Michael R. Crittenden, WSJ pC14 "A capital catch in new rule for too big banks" by David Reilly say regulators proposed Tues raising a leverage ratio for 8 of the biggest US banks including JPMorgan and Bank of America which would require them collectively to raise $90 bil in add'l capital by '18.

WSJ pC1 "JPMorgan finds errors in debt suits" by Dan Fitzpatrick says  an internal JPMorgan review shows that errors occurred as the bank sued its credit card users for the delinquent amounts.  The bank studies 1,000 lawsuits and found mistakes in 9% of the cases.

NYT pB1 "UASv ows to battle abusive bill collectors" by Jessica Silver-Greenberg, Edwart Wyatt says banks, including JPMorgan and Bank of America, use illegal means to collect credit card debt.

Johnson & Johnson:  No mentions found.

McDonald's:   No mentions found.

Merck:  No mentions found.

Microsoft:  No mentions found.

Pfizer:  No mentions found.

Procter & Gamble:  No mentions found.

3M:  No mentions found.

Travelers:  No mentions found.

United Technologies:  No mentions found.

UnitedHealth:  No mentions found.

Verizon:  No mentions found.

Walmart:    WSJ pB1 "Kroger's tastes go upscale" by Julie Jargon, Annie Gasparro, WSJ pC14 "Kroger deal doesn't make for bargains" by Justin Lahart say Kroger buying Harris Teeter for $2.44 bil is partially due from competition from Walmart, dollar stores and fast food restaurants.

IBD pA2 "Walmart" says Walmart will call off plans for 3 stores in D.C. if the city raises the minimum wage to $12.50 an hour.         

Tuesday's Closing Dow Numbers:

Symbol upMarketLast SaleNet
Change
%
Change
Share
Volume
AA  NYSE  $ 7.901   0.019  0.24%  38,322,025
AXP  NYSE  $ 77.62   0.58  0.75%  3,635,180
BA  NYSE  $ 104.68   0.31  0.3%  3,985,996
BAC  NYSE  $ 13.525   0.245  1.84%  102,357,674
CAT  NYSE  $ 85.33   2.13  2.56%  7,836,286
CSCO  NASDAQ-GS  $ 25.155   0.53  2.15%  45,653,212
CVX  NYSE  $ 123.27   2.03  1.67%  6,205,086
DD  NYSE  $ 53.90   0.14  0.26%  4,270,599
DIS  NYSE  $ 64.91   0.20  0.31%  4,276,200
GE  NYSE  $ 23.62   0.30  1.29%  31,265,202
HD  NYSE  $ 79.70   0.48  0.61%  4,641,268
HPQ  NYSE  $ 25.47   0.30  1.19%  9,659,722
IBM  NYSE  $ 191.25   3.73  1.91%  4,981,080
INTC  NASDAQ-GS  $ 23.135   0.05  0.22%  34,158,101
JNJ  NYSE  $ 88.91   0.32  0.36%  8,487,882
JPM  NYSE  $ 54.88   0.18  0.33%  18,873,315
KO  NYSE  $ 40.83   0.29  0.72%  8,130,949
MCD  NYSE  $ 99.99   0.11  0.11%  4,049,243
MMM  NYSE  $ 113.36   1.23  1.1%  2,002,665
MRK  NYSE  $ 47.62   0.21  0.44%  9,950,036
MSFT  NASDAQ-GS  $ 34.35   0.025  0.07%  24,326,339
PFE  NYSE  $ 28.35   0.22  0.78%  28,865,689
PG  NYSE  $ 79.61   0.85  1.08%  7,066,132
T  NYSE  $ 35.60   0.02  0.06%  14,394,543
TRV  NYSE  $ 82.06   0.30  0.37%  1,740,577
UNH  NYSE  $ 67.97   0.41  0.61%  4,051,037
UTX  NYSE  $ 98.02   1.04  1.07%  3,154,330
VZ  Dual Listed  $ 50.95   0.22  0.43%  6,158,656
WMT  NYSE  $ 77.04   0.33  0.43%  4,793,662
XOM  NYSE  $ 93.34   1.09  1.18%  12,731,325


******************

 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 Meg Whitman (Palo Alto, CA)

Home Depot HD Frank Blake (Atlanta, GA)

Intel INTC Brian Krzanich (Santa Clara, CA)

IBM Virginia M. Rometty (Armonk, NY)

JPMorgan Chase JPM Jamie Dimon (NY, NY)

Johnson & Johnson JNJ Alex Gorsky (New Brunswick, NJ)

McDonald's MCD Donald Thompson (Oak Brook, Ill)

Merck MRK Kenneth Frazier (Whitehouse Station, N.J.)

Microsoft MSFT Steve Ballmer (Redmond, WA)

Pfizer PFE Ian Read (NY, NY)

Procter & Gamble PG A. G. Lafley (Cincinnati, OH)

3M MMM Inge Thulin (St. Paul, MN)

Travelers TRV Jay S. Fishman (NY, NY)

UnitedHealthUNC Stephen Hemsley (Minnetonka, MN)

United Technologies UTX Louis Chenevert (Hartford, CT)

Verizon VZ Lowell McAdam (NY, NY)

Wal-Mart WMT Mike Duke (Bentonville, ARK)

***************************

Here are the Dow Jones Industrial Average 30 as of 6/15/13 ranked in order of market capitalization in billions:

1. Exxon Mobil XOM $402.75
2. Microsoft MSFT 287.28
3. WalMart WMT 245.32
4. GE 243.20
5. Johnson & Johnson JNJ 238.50
6. Chevron CVX 233.16
7. IBM 224.20
8. Procter & Gamble PG 213.86
9. Pfizer PFE 205.54
10. JPMorgan Chase JPM 200.81
11. AT&T T 193.20
12. Coke KO 179.66
13. Verizon VZ 146.12
14. Merck MRK 144.79
15. Bank of America BAC 140.90
16. Cisco CSCO 128.75
17. Intel INTC 123.88
18. Disney DIS 114.90
19. Home Depot HD 111.88
20. McDonald's MCD 98.67
21. United Technologies UTX 86.43
22. American Express AXP 80.17
23. Boeing BA 77.26
24. 3M MMM 76.63
25. UnitedHealth UNH 65.08
26. Caterpillar CAT 55.14
27. DuPont DD 48.49
28. Hewlett-Packard HPQ 47.71
29. Travelers TRV 30.92
30. Alcoa AA 8.68

****************************************

Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 6/15/13:

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

AT&T T: 5/24/13 8K re: redemption of debentures
5/15/13 8K re: closing of sale of Global Notes due '43
5/3/13 10Q & 2 8Ks 4/23/13 re: 1 Qtr ended 3/31/13 results
4/29/13 8K re: voting results of annual stockholders meeting on 4/25/13
4/11/13 8K re: reclassification of revenue items
3/13/13& 3/5 8Ks re: closing of sale of global notes
3/1/13 Proxy re: Annual Meeting of Stockholders 4/26/13 Cheyenne, WY

Alcoa AA: 5/30/13 8K re: Moody's downgrade of debt rating from Baa3 to Ba1 & from negative to stable
5/24/13 8K re: redemption of 65 Notes due 7/15/13
5/20/13 8K re: shut down of 2 smelters in Quebec
5/9/13 8K re: Sustainability Highlights Report
5/8/13 8K re: approval of Stock Incentive Plan
4/18/13 10Q; 4/11/3 8K & 4/9/13 8K all re: 1 Qtr ended 3/31/13 results
4/9/13 Proxy materials for 5/3/13 annual meeting of stockholders
3/1/12 Proxy re: annual meeting of shareholders on 5/3/13 at Fairmont Hotel, Pittsburgh

American Express AXP: 5/22/13 & 5/17/13 8Ks re: issuance of $1.85 bil of notes
5/15/13 8K re: delinq. & write-off stats for 3 months through 4/30/13
5/7/13 8K re: retirement of CFO Daniel T. Henry
5/2/13 8K re: voting results of 4/29 Sahreholder Meeting
4/30/13 8K re: increase in quarterly dividend from 20 cents to 23 cents per share
4/29/13 10Q & 4/17/13 8K re: 1Qtr ended 3/31/13 results
4/15/13 8K re: election of Edward P. Gilligan, Pres.
4/15/13 8K re: delinq. & write-off states for 3 months through 3/31
3/25/13 8K re: stock buyback of up to 150 mil shares and qtr div of 20 cents payable 5/10 to record holders as of 4/5
3/18/13 Proxy re: annual mtg of shareholders 4/29/13 at NYC HQ
3/15/13 8K re: delinq. & write-off stats Dec. thru Feb. '13
3/14/13 8K re: buback of up to $4bil of shares & qtr div. of 23 cents

Bank of Am BAC: 5/29/13 8K re: issuance of 40,000 shaes of Series U Preferred Stock
5/28/13 8K re: redemption of Perpetual Preferred Stock
5/8/13 8K re: voting results from 5/8 Stockholders Meeting
5/7/13 10Q & 4/17/13 8K re: 1 Qtr ended 3/31 results
5/6/13 8K re: settlement of lawsuit with MBIA
4/1/13 8K re: redemption of certain securities
3/28/13 Proxy re: Annual mtg of stockholders 5/8/13 Charlotte Marriott, N.C.
3/15/13 8K re: Mukesh D. Ambani retirement from Bd. of Dirs.
3/14/13 8K re: Red ok'd capital plan
3/5/13 8K re: error in 10K consents


Boeing BA: 5/3/13 8K re: issuance of floating rate senior notes due '14
4/30/13 8K re: voting results of 4/29 shareholders meeting held 4/29
4/24/13 10Q & 4/24/13 8K re: 1 Qtr. ended 3/31 results
4/22/13, 4/16 & 3/15/13 Proxy materials re: 4/29/13 annual mtg of shareholders at Field Museum, Chicago
2/11/13 10K for year ended 12/31/12


Caterpillar CAT: 6/12/13 8K re: 15% increase in dividend from 8 cents to 60 cents payable 8/20 to record holders 7/22
5/20/13 8K re: 3 months dealer stats Feb through April 2013
5/17/13 8K re: settlement re: litigation arising from acquisition of ERA Mining (China)
5/2/13 10Q & 4/22/13 8K re: 1 Qtr ended 3/31/13 results
4/19/13 8K re: March dealer stats
4/10/13 8K re: retirement of G. Vittecoq, VP
3/20/13 8K re: 3 month dealer stats thru 12/12


Chevron CVX: 6/4/13 8K re: approval by stockholders of Long Term Incentive Plan
5/2/13 10Q; 4/26/13 8K; 4/10/13 8K re: 1 Qtr ended 3/31/13 results
4/11/13 & 4/2/13 Proxy materials re: Stockholders meeting on 5/29
4/2/13 8K re: salary increase for CEO and other execs
3/1/13 8K re: resignation of Chuck Hagel as Dir. to become Sec'y of Defense
2/22/13 10K for year ended 12/31/12
2/4/13 8K re: compensation to officers
2/1/13 8K re: 4Q and 2012 full year results (& 1/10/13 8K)


Cisco CSCO: 6/12/13 8K re: executives' adoption of pre-arranged stock trading plan
6/7/13 8K re: Cisco payment to Tivo of $294 mil to settle patent dispute that includes Google & AARIS Group
5/21/13 10Q for qtr ended 4/27/13
5/15/13 8K re: 3Q ended 4/27 results
3/26/13 8K re: exec pre-arranged stock trading plan
2/19/13 10Q & 2/13/13 8K re: 2 Qtr ended 1/26/13 results
2/1/13 8K re: election of Gregory Q. Brown, CEO of Motorola to Bd. of Dirs.

Coke KO: 5/15/13 8K re: amendment of by-laws to allow calling of special shareholders meeting
4/26/13 10Q & 4/16/13 8K re: 1 Qtr ended 3/29 results
4/4/13 Proxy re: 4/24 shareholder meeting
3/21/13 8K re: transfer of Indian & SW Asian business units to Pacific segments
3/11/13 Proxy re: 4/24/13 annual shareholder meeting at Cobb Galleries, Atlanta
3/5/13 8K re: closing of sale of $500 mil floating rate notes due '15
2/27/13 10K for year ended 12/31/12
2/21/13 8K re: retirment of Donald R. Keough & James B. Williams as Directors
2/20/13 8K re: stock option plan for execs
2/12/13 8K results for year & 4Q ended 12/31/12

Disney DIS: 5/7/13 10Q & 8K re: 1 Qtr ended 3/30 results
3/20/13 8K re: $1.5 bil 364 day credit agreement
3/8/13 8K re: change to exec bonus plan
2/26/13 Proxy re: supplemntal info re: what a great job CEO Robert Iger is doing
2/14/13 8K re: issuance of Global Notes
2/5/13 10Q & 2/5/13 8K re: 1 Qtr ended 12/29/12 results


DuPont DD: 4/29/13 8K re: voting results of 4/24 stockholders meeting
4/23/13 10Q & 8K re: quarter ended 3/31 results
4/4 proxy materials
3/26/13 8K re: settlement with Monsanto of patent litigation
3/15/13 Proxy re: 4/24 Stockholders Meeting at DuPont Theatre, Wilmington, DE
2/7/13 8K re: closing of sale of Performance Coating biz to Carlyle Group of $4.9 bil cash


ExxonMobil XOM: 6/3/13 8K re: voting results of 5/29/13 Annual Meeting of Shareholders
5/13/13; 5/10; 4/12 Proxy materials
5/2/13 10Q & 4/25/13 8K re: 1 Qtr. ended 3/31 results
3/26/13 8K re: financial presentation
3/12/13 8K re: analyst meeting
2/27/13 Iran Notice
2/27/13 10K for year ended 12/31/12

GE: 6/14/13 8K re: election of Keith S. Sherlin, CEO GE Capital
5/8/13 10Q & 4/19/13 8K re: 1 Qtr. ended 3/31 results
4/26/13 8K re: voting results of 4/24 shareholders meeting
4/8/13 Proxy materials for shareholders meetings
3/20/13 8K re: bonuses to execs
3/19/13 8K re: closing of sale of GE's 49% interest in Comcast
3/18/13 8K re: selection of Jan R. Hauser as VP, Controller]
3/11/13 Proxy re: 4/24/13 Annual Shareholder mtg at Morial Conv. Ctr, New Orlean
2/28/13 10K for year ended 12/31/12
2/15/13 8K re: increase of number of Directors from 18 to 19 & election of Francisco D. Souza , CEO of Cognizant Technologies, as Director
2/12/13 8K re: sale of GE's 49% interest in NBC Universal to Comcast for $12 bil cash & 4 bil stock


Hewlett-Packard HPQ: 6/6/13 10Q & 5/22/13 8K re: qtr ended 4/30/13
5/29/13 8K re: resignation of John H. Mammergren & G. Kennedy Thompson from BoD and temporary reduction of Board members from 11 to 9
4/4/13 8K re: resignations of directors John H. Hammergren & G. Kennedy Thompson
3/21/13 8K re: voting results of stockholders meeting on 3/20
3/12 Proxy materials
3/11/13 10Q for qtr ended 1/31/13
2/21/13 2 8Ks re: 1 Qtr ended 1/31/13 results


Home Depot HD: 5/29/13 8K re: shareholder approval of Amended Restated '05 Stock Incentive Plan
5/29/13 10Q & 5/21/13 8K re: qtr ended 5/5/13
4/8/13 Proxy materials for 5/23 shareholders meeting at Cobb Galleria, Atlanta
4/5/13 8K re: issuance of 2.7% Sr. Notes due '23 & '43
3/28/13 10K for year ended 2/3/13
3/6/13 8K re: amendment to stock option plan
2/26/13 8K re: results of year & qtr ended 2/3/13

Intel INTC: 5/21/13 8K re: Brian M. Krzanich became CEO on 5/16
5/8/13 Proxy materials
5/2/13 8K re: election of Brian M. Krzanich as CEO Z& Renee J. James as pres. effective 5/16
4/29/13 10Q & 4/17 8K & 4/16 8K re: results of 1st quarter ended 3/30
4/3/13 Proxy materials for 5/16 stockholders meeting at Santa Clara, Cal.
2/19/13 10K for year ended 12/29/12



IBM: 5/6/13 8K re: issuance of notes
5/3/13 8K re: retirement of SVP HR J. Randall MacDonald
4/30/13 10Q & 4/19/13 & 4/18/13 8Ks re: 1 Qtr ended 3/31 results
4/3/13 Proxy materials
3/11/13 Proxy re 4.30/13 annual meeting of stockholders at Von Braun Ctr., Huntsville, Al
2/28/13 2 8Ks re: investor briefing
2/26/13 10K for year ended 12/31/12
2/7/13 8K re: underwriting of Notes
2/1/13 8K re: exec comp for officers


JPMorganChase JPM: 6/10/13 8K re: amendment to Cert. of Incorp. to allow shareholder action by written consent
6/4/13 8K re: Reg FD disclosure re: investor conference presentation
5/23/13 8K re: results of 5/21/13 Annual Shareholders Meeting
5/16/13 Proxy materials for 5/21 shareholders meeting
5/15/13 8K re: sale of 1.6% notes due '18
5/8/13 10Q & 4/12 8K re: 1Q ended 3/31 results
5/2/13 8K re: sale of 4.25% notes due '18
4/23/13 8K re: sale of notes
5/1/13 8K re: sale of notes
4/29/13 8K re: resignation of co-C Frank J. Bisignano
4/9/13 8K re: redemption of securities
3/22/13 Proxy re: 5/21/13 annual shareholders mtg at Highland Oaks Campus, Tampa
3/15/13 8K re: stock buyback of up to $6 bil and payment of 30 cent dividend on 3/19
2/28/13 8K re: Investor Day presentation
2/28/13 Iran Notice
2/28/13 10K for year ended 12/31/12



Johnson & Johnson JNJ: 5/3/13 10Q & 4/16 8K reL: 1 Qtr ended 3/31 results
4/26/13 8K re: voting results of 4/25 shareholders meeting
3/13/13 Proxy re: 4/25/13 Shareholder mtg at Hyatt New Brunswick, NJ
2/25/13 8K re: charge to net income due to Venezuelan currency devaluation
2/22/13 10K for year ended 12/31/12


McDonald's MCD: 6/10/13 8K re: Reg. FD disclosure re: Investor Release
5/28/13 8K re: voting results of 5/23/13 Annual Shareholders Meeting
5/8/13 8K re: April sales
5/6/13 8K re: issuance of notes
5/3/13 8K re: adjustment to sales results
3/31/13 10Q & 4/19/13 8K re: 1 Qtr ended 3/31 results
4/12/13 Proxy materials for 5/23 shareholders meeting at Oak Brook, Ill
3/13/13 8K re: decrease of global sales by 1.5% in Feb.
2/25/13 10K for year ended 12/31/12
2/20/13 8K re: comp for officers
2/8/13 8K re: sales decrease of 1.9% in Jan


Merck MRK: 5/30/13 8K re: voting results of 5/28/13 Annual Meeting of Shareholders
5/22/13 8K re: accelerated stock repurchase agreement with Goldman Sachs
5/20/13 8K re: issuance of $6 bil of notes
3/31/13 10Q & 5/1/13 1 Qtr ended 3/31 results
4/15/13 Proxy material for 5/28 shareholders meeting at Bridgewater, NJ
3/7/13 8K re: Peter S. Kim retirement as Pres. Merck Research Labs
2/25/13 10K for year ended 12/31/12
2/20/13 8K re: paying $215 mil to settle class action lawsuits related to ENHANCE Study
2/1/13 8K re: 4Q & 2012 results

Microsoft MSFT: 5/20/13 8-K/A approval of CFO Amy Hood's compensation
5/13/13 8K re: election of Amy Hood as CFO
5/1/13 8K re: sale of Euro notes
4/18/13 8K re: resignation of CFO Peter Klein
4/18/13 10Q & 4/18 8K re: results of Qtr ended 3/31
1/24/13 10Q & 8K re: quarter ended 12/31/12
11/29/12 8K re: results of annual shareholders mtg.
11/16/12 8K re: resignation of Steven Sinofsky as Pres. of Windows Div.
11/7/12 8K re: issuance of $2.25 bil of notes
11/2/12 8K & 10/18 10Q & 10/18 8K re: 1Q results


Pfizer PFE: 6/3/13 8K re: issuance of $4 bil of notes
5/29/13 8K re: blackout of insider purchase of shares due to Zoetis exchange offer
5/10/13 10Q & 4/30/13 8K re: 1 Qtr ended 3/31 results
4/29/13 8K re: voting results of 4/25/13 shareholders meeting
4/3/13 Proxy material
3/14/13 Proxy re: 4/25/13 Annual mtg of shareholders, Hilton Short Hills, NJ
2/28 & 3/1/13 10K & 10K/A for year ended 12/31/12
2/28/13 Iran Notice




Procter & Gamble PG: 6/12/13 8K re: Reg. FD disclosure re: presentation at Deutsche Bank Global Consumer Conference
6/5/13 8K re: grouping of Global Business Units into 4 industry based sectors
5/24/13 8K re: A.G. Lafley rejoining as CEO replacing Bob McDonald
5/14/13 8K re: Reg. FD disclosure re: Goldman Sachs Consumer Products Symposium
4/24/13 10Q & 4/24 2 8Ks re: 3Q ended 3/31 results
4/15/13 8K re: quarterly dividend of 0.6015 cents per share
2/21/13 8K re: presentation at Consumer Analyst Group of NY
2/14/13 8K re: eps outlook due to Venezuelan currency devaluation

3M MMM: 5/16/13 8K re: amendment to Annual Report re: realignment of business groups and certain accounting revisions
5/15/13 8K re: voting results of 5/14 stockholders meeting
5/7/13 Proxy materials
5/2/13 10Q & 4/25/13 8K re: 1 Qtr ended 3/31 results
3/27/13 Proxy re: 5/14/13 Shareholder Mtg. at Rivercentre, St. Paul, Min
3/1/13 8K re: realignment of 3M's business groups and effect on results
2/14/13 10K for year ended 12/31/12
2/6/13 8K re: election of Muhtar Kent, Coke CEO, as Director

Travelers TRV: 6/12/13 8K re: $1 bil revolving bank credit agreement
6/10/13 8K re: purchase of Dominion of Canada General Insurance for $1.1 bil
5/24/13 8K re: voting results of 5/22/13 Annual shareholders meeting
4/23/13 10Q & 4/23/13 8K re: qtr ended 3/31 results
4/9/13 Proxy for 5/22 shareholders meeting at Hartford, Ct.
3/21/13 8K re: Lawrence G. Graev retirement from Bd. of Dirs.
3/21/13 Proxy re 5/22/13 Shareholder Mtg, Marriott, Hartford, Ct.
3/1/13 10K/A & 2/19/13 10K for year ended 12/31/12


UnitedHealth Group UNH: 6/6/13 8K re: Voting results of 6/3/13 Annual Shareholders Mtg
5/29/13 8K re: Reg FD disclosure re: Bernstein 29th Annual Strategic Decisions Conference
5/6/13 10Q & 4/18/13 8K re: 1 Qtr ended 3/31 results
4/24/13 Proxy materials for 6/3 shareholders meeting in Boston
3/11/13 8K re: Barclays Global Healthcare conference presentation
2/28/13 8K re: sale of Notes
2/7/13 10K for year ended 12/31/12

United Technologies UTX: 5/24/13 8K re: redemption of $1 bil 1.2% notes due 6/1/13
4/30/13 8K re: results of shareholders meeting
4/26/13 10Q & 4/23/13 8K re: 1 Qtr ended 3/31 results
4/9/13 Proxy materials for 4/29 annual shareholders meeting
3/15/13 Proxy re: 4/29/13 annual meeting of shareholders, Oglethorpe Aud, Savannah, Ga.
2/7/13 10K for year ended 12/31/12
2/7/13 Iran Notice


Verizon Communications Inc. VZ: 6/10/13 8K re: election of Anthony T. Skiadas, 44, Sr. VP & Controller
5/13/13 8K re: distribution of $7 bil to Wireless Comm and Vodafone by Verizon Wireless
5/7/13 8K re: voting results of 5/2 annual mtg of shareholders
4/25/13 10Q & 4/13/13 8K re results of quarter ended 3/31
4/2/13 8K re: rumors of purchase of Vodaphone's interest in Verizon Wireless
4/1/13 & 3/18/13 Proxy re: 5/2/13 Annual Mtg of shareholders, Doubletree, Tulsa, OK
2/26/13 10K for year ended 12/31/12
2/7/13 8K re: election of Gregory D. Wasson, Pres & CEO of Walgreen, as Director


WalMart WMT: 6/7/13 10Q & 5/16/13 8K re: Qtr. ended 4/30
6/2/13 8K re: Voting results of 6/7 Annual shareholder meeting
4/22/13 Proxy re: 6/7 shareholder meeting at Fayetteville, Ark.
4/10/13 8K re: sale of notes
3/26/13 10K for year ended 1/31/13
2/21/13 8K re: 4Q results & dividend for FY 2014
THIS IS THE END

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