Monday, March 17, 2014

3/17/14 Mon. pm Dow Closes at 16247.22 up 181.55 or 1.13%

http://www.dowjonesmonitor.com/

Post No. 2,604 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 a summary of Dow 30 components'  recent SEC filings.

 The Dow Jones Industrial Average closed Monday at 16247.22 up 181.55 or 1.13%  Friday's close of 16065.67. Of the Dow components all 30  gained.  The biggest gainer dollar-wise and percentage-wise was IBM up $3.60 or 1.98%. 


As of the open of the market on Monday the current divisor for the Dow Jones Industrial Average found at page C4 of Monday's Wall St. Journal is 0.15571590501117. Monday's trailing P/E ratio is 15.79 down from Friday's trailing P/E ratio of 15.83      (last year it was 15.79).  Monday's P/E estimate is 14.52 up from  Friday's P/E estimate of 14.75   (year ago it was 12.97) and Monday's dividend yield is 2.21 down  from Friday's dividend yield of 2.22  (last year it was 2.45). The Dow's all-time high was 16,576.66 on December 31, 2013. 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 2529.95 up 28.27 from  Friday's closing numerator of 2501.68.  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 (0.15571590501117) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.42 change in the Dow Index.


The average closing price (the closing numerator divided by 30) of  Monday's Dow Jones Industrial Average was $84.33 up  94 cents  from Friday's average closing price of $83.39. The median closing price of   Monday's Dow Jones Industrial Average was $79.71  (PG/HD) up 73 cents   from Friday's median closing price of $79.18    (HD/PG). The lowest volume was Visa and the highest volume was GE.

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 or dividends) and sold at the close you would have made $2,827  ($252,995 - $250,017).

3/17/14 Mon. 4:40   pm MarketWatch by Anora Mahmudova says U.S. stocks finished Monday with strong gains as investors shrugged off the narrow scope of EU and U.S. sanctions following the vote in Crimea in favor of leaving Ukraine.Investors instead focused on better-than-expected economic data, including industrial production and manufacturing activity in the New York region. However, stocks rose amid the lowest trading volumes this year.The S&P 500 SPX +0.96%  ended the day 17.70 points, or 1%, higher at 1,858.83, finishing above a technical level of 1,850. Industrials and technology stocks lead broad-based gains. The benchmark index turned positive for the year.The Dow Jones Industrial Average DJIA +1.13%  gained 181.55 points, or 1.1%, to 16,247.22, rising for the first time in six sessions. All 30 members of the blue-chip index rose on Monday.The Nasdaq Composite COMP +0.81%  finished the day 34.55 points, or 0.8%, higher at 4,279.95.“Markets had discounted the vote in Crimea, but they also expected a much harsher reaction from the Western governments,” said Quincy Krosby, market strategist at Prudential Financial.“Angela Merkel’s comment last week led the market to believe that sanctions would be more significant. As sanctions turned out to be minimal, markets quickly moved on and were able to focus on economic data, which were good,” she added.A batch of economic reports released before and after the market opened showed data that was slightly better than expected. Industrial production in February grew at the fastest monthly rate in six months, bouncing back after a weather-addled start to the year. An index of manufacturing conditions in the New York region showed modest improvement in March after a sharp drop in the prior month.Separately, a gauge of confidence among home builders ticked up in March, but remained close to the lowest level since May and signaled that builders, generally, are pessimistic about sales trends, according to data released Monday.Later this week, investors will also get a Federal Open Market Committee meeting.Markets sold off last week as fears over the events in Ukraine forced investors to seek safe havens. However, once the outcome of the vote was made public, stock markets around the globe rose. After the overwhelming majority of Crimeans voted to break away from Ukraine on Sunday, Russia took another step to annexing the region despite the sanctions. Global stock markets, including the U.S. market shrugged off sanctions by the Western government in the wake of the vote in Crimea.The EU ministers imposed visa bans on 21 Russian officials and froze assets, according the Wall Street Journal citing sources, while the White House followed suit, targeting President Vladimir Putin’s closest advisers and other top Russian policy makers.Among individual stocks, Yahoo YHOO -0.03%  shares rose 4%. The company owns a 24% stake in Alibaba, which is reportedly getting ready for an initial public offering in New York. At the same time, Alibaba’s smartphone-payment system has been blocked by China because of potential consumer risks.

Monday's Closing Dow Numbers:

Symbol Last Sale Change % Change Share Volume Market
TNYSE
AXPNYSE
BANYSE
CATNYSE
CVXNYSE
CSCONASDAQ-GS
KONYSE
DISNYSE
DDNYSE
XOMNYSE
GENYSE
GSNYSE
HDNYSE
INTCNASDAQ-GS
IBMNYSE
JPMNYSE
JNJNYSE
MCDNYSE
MRKNYSE
MSFTNASDAQ-GS
NKENYSE
PFENYSE
PGNYSE
MMMNYSE
TRVNYSE
UTXNYSE
UNHNYSE
VZDualListed
VNYSE
WMTNYSE

******************
The following are excerpts from Monday morning's Blog:

A  read of the print editions of  Monday's Barron's, Investor's Business Daily, Wall St. Journal, Financial Times,  New York Times, USA Today,  Atlanta Journal & Constitution & Daily Report (Ga. -carries Georgia) 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 Friday's closing   stock prices and related data in alphabetical order.

The Dow Jones Industrial Average:The Dow Jones Industrial Average closed Friday at 16065.67 down 43.22 or 0.27%    from Thursday's close of 16108.89. For the year the Dow is down 3.08%. For the week the Dow was down 387.05 or 2.35%  from last Friday's close of 16,452.72. Of the Dow components 10  gained and  20 declined.  The biggest gainer dollar-wise  and percentage-wise was Boeing up $1.22 or 1%.  The biggest decliner dollar-wise  was IBM down $1.69  and percentage-wise was UnitedHealth down 1.7%.


IBD pB8 "Stocks fade in slow trade, but smaller caps rebound" by Paul Whitfield says stocks got a reprive Fri, trading quietly as the major indexes sauntered to minor losses as Friday's action was down in lower vol and the current outlook is uptrend under pressure.




Friday's Dow Jones Industrial Average closing numerator was 2501.68 down  6.73 from  Thursday's closing numerator of 2508.41.  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 (0.15571590501117) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.42 change in the Dow Index.


The average closing price (the closing numerator divided by 30) of  Friday's Dow Jones Industrial Average was $83.39 down 22 cents   from Thursday's average closing price of $83.61. The median closing price of   Friday's Dow Jones Industrial Average was $79.18 (PG/HD) up 18 cents   from Thursday's median closing price of $79.00    (HD/PG). The lowest volume was Travelers and the highest volume was Cisco.

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 or dividends) and sold at the close you would have lost $673  ($250,851 - $250,017).

3/14/14 Fri. 4:30   pm MarketWatch by Anora Mahmudova says Friday’s modest losses for U.S. stocks capped the worst week since late January for the S&P 500 and Dow Jones Industrial Average as worries over the looming vote in Crimea weighed on sentiment.The S&P 500 SPX -0.28%  ended the day 5.21 points, or 0.3%, lower at 1,841.13, finishing below a technical level of 1,850 for the second day in a row. The index recorded a 2% loss over the week. The Dow Jones Industrial Average DJIA -0.27%  dropped 43.22 points, or 0.3%, to 16,065.67, falling for the fifth consecutive day. The blue-chip index is down 2.4% over the week.The Nasdaq Composite COMP -0.35%  shed 15.02 points, or 0.4%, to 4,245.40 and the 2.1% decline over the past week was the worst since April 2013.Jitters in the market were most pronounced in the implied volatility as measured by CBOE Vix index, dubbed Wall Street’s fear gauge. The index jumped 9.5% to 17.8. “Sentiment is all over the place because of the uncertainty from the outcome in Crimea over the weekend,” said Colin Cieszynski, senior market analyst at CMC Markets. “However, markets are using geopolitical uncertainty as an excuse to go lower as they are overly stretched and are due for a correction.” Investors shrugged off reports on wholesale prices and consumer sentiment. U.S. wholesale prices fell for the first time in three months, the Labor Department said Friday. Economists surveyed by MarketWatch had predicted a 0.2% increase. Consumer sentiment fell to the lowest reading since November. While global markets have been sensitive to the events in Ukraine, U.S. equities have showed resilience over the past week. Some strategists say a crisis in Crimea is already priced into the markets, while other contend that a vote favoring Russia may become a catalyst for selling that is overdue. 
Worries over China’s economy continued to simmer in the background as well. Bank of America-Merrill Lynch was among several investment banks that cut the outlook for growth there. It called for 7.3% growth this year, compared with a previous call of 8%. Société Générale said “something barely above 7% looks quite likely.” Asian markets had a tough session, as losses for Wall Street pushed investors into the Japanese yen USDJPY -0.48% . The Nikkei 225 index JP:NIK -3.30%  slid 3.3%, while the Hang Seng Index HK:HSI -.00%  dropped nearly 1%. European stocks dropped for the third straight session.
Among commodities, crude-oil prices CLJ4 +0.82%  rose, gold GCJ4 +0.77% rose and copper prices HGK4 +0.58%  recovered some lost ground, up 1%. Among individual stocks, Ulta Salon Cosmetics & Fragrance Inc. ULTA +0.71%  shares added 6.4% after reporting fourth-quarter earnings late Thursday that squeezed past Wall Street’s estimate.  Aéropostale Inc. ARO +1.03%  shares dropped 20% as the teen retailer late Thursday reported a wider-than-expected adjusted loss in the fourth quarter. Shares of General Mills Inc. GIS +0.21%  fell 2.4% after the company released a fresh outlook for the third quarter, saying it sees third-quarter adjusted earnings of 61 cents to 62 cents a share.Shares of Liberty Media Corp. LMCA +0.56%  gained 7.2% after the company late Thursday said it would drop plans to buy the rest of Sirius XM Holdings Inc. SIRI +2.08% , of which it currently owns 53%. Liberty Media also said it would reclassify its common stock into two tracking stocks — one called Liberty Media Group and the other called Liberty Broadband Group — in a move that is expected to be completed in the third quarter.

Monday's Dow News followed by Friday's Closing Dow Numbers:

AT&T:    No mentions found.

American Express:  No mentions found.

Boeing:    No mentions found.

Caterpillar:  No mentions found.

Chevron:  No mentions found.

Cisco:  No mentions found.

Coke:   No mentions found.

Disney: WSJ pB6 "Single digits for latest Tyler Perry movie" by ben firtz says Need for Speed by Disney was 3rd in estimated box office figures through Sun.

DuPont:  No mentions found.

Exxon:  No mentions found.

GE:  Barron's p16 "Week review" says GE plans a credit-card IPO.

Goldman Sachs:   No mentions found.

Home Depot:    No mentions found.

Intel:     No mentions found.

IBM:  No mentions found.

JPMorgan: WSJ pC6 "Beware banks bearing share buyback gifts" by David Reilly says JPMorgan and other money center banks are expected to raise buybacks 19%.

Johnson & Johnson:  IBD pB15 "Steady dividend routine for J&J" by Nancy Gondo says like McDonald's, Johnson & Johnson is a household name that offers steady profit growth, making it a classic dividend paly for income investors.

McDonald's:  IBD pB15 "Steady dividend routine for J&J" by Nancy Gondo says like McDonald's, Johnson & Johnson is a household name that offers steady profit growth, making it a classic dividend paly for income investors.

WSJ pB2 "Videogame makers duke it out arena style" by Ian Sherr says  as recently as 2011 the top two videogames were from war shooting franchises - Microsoft's Halo and Activision's Call of Duty.

Merck:  No mentions found.

Microsoft: WSJ pB1 "Microsoft's new tack on piracy" by James R. Hagerty, Shira Ovide says Microsoft has that Microsoft has convinced attorneys general in states such as La. and Ok that overseas software piracy leads to job losses at manufacturing companies in their states and has convinced them to file suit against Chinese makers of oil equipment.

Nike:  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.

Visa:     No mentions found.

Walmart:   No mentions found.

Friday's Closing Dow Numbers:


Symbol Last Sale Change % Change Share Volume Market
TNYSE
AXPNYSE
BANYSE
CATNYSE
CVXNYSE
CSCONASDAQ-GS
KONYSE
DISNYSE
DDNYSE
XOMNYSE
GENYSE
GSNYSE
HDNYSE
INTCNASDAQ-GS
IBMNYSE
JPMNYSE
JNJNYSE
MCDNYSE
MRKNYSE
MSFTNASDAQ-GS
NKENYSE
PFENYSE
PGNYSE
MMMNYSE
TRVNYSE
UTXNYSE
UNHNYSE
VZDualListed
VNYSE
WMTNYSE

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

 Here are the current CEOs of the Dow 30 Companies:
AT&T T Randall L. Stephenson (Dallas, TX)


American Express AXP Kenneth I. Chenault (NY, NY)


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)


Goldman Sachs GS Lloyd Blankfein (NY, NY)


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) (to be succeeded by Satya Nadella)


Nike NK Mark Parker (Beaverton, OR)


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)


Visa V Charles W. Scharf (Foster City, CA)


Wal-Mart WMT Doug McMillon (Bentonville, ARK)


***************************
Here are the Dow Jones Industrial Average 30 as of 1/27/14 ranked in order of market capitalization in billions:

1. Exxon Mobil XOM $414.66
2. Microsoft MSFT 299.08
3. WalMart WMT 260.40
4. Johnson & Johnson JNJ 253.76
5. GE 253.64
6. Chevron CVX 239.93
7. JPMorgan Chase JPM 221.96
8. Procter & Gamble PG 213.30
9. IBM 193.17
10. Pfizer PFE 192.23
11. AT&T T 176.53
12. Coke KO 171.03
13. Merck MRK 153.49
14. Visa V 137.68
15.  Verizon VZ 136.48
16. Disney DIS 126.96
17. Intel INTC 122.88
18. Cisco CSCO 117.63
19. Home Depot HD 111.17
20.United Technologies UTX 104.41
21. Boeing BA 103.22
22. McDonald's MCD 93.60
23. American Express AXP 92.06
24. 3M MMM 86.82
25. Goldman Sachs GS 75.51
26. UnitedHealth UNH 72.13
27.Nike NKE 63.67
28. Caterpillar CAT 58.09
29. DuPont DD 55.79
30. Travelers TRV 29.9632.20


****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 1/27/14:

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

AT&T T:
 1/22/14 8K re: certain fin'l items for 4Q
12.18/13 8K re: sale of AT&T's incumbent local exchange opers in Ct. to Frontier Comm. for $ 2 bil
12/16/13 8K re: redemption of shares of Perpetual Cumulative Pref. Stock held by subsidiaries
12/12/13 8K re: amendments to '11 Incentive Plan re: triggers of benefit acclerations
12/11/13 8K re: amendment to $5 bil credit agreement
12/6/13 8K; 11/20/13 8K; 11/14/13 8K & 11/5/13 all re: the tender offer of $3.3 bil of Notes
11/27/13 8K re: sale of $1.6 bil of 2.37% Global Notes due '18
11/25/13 8K re: sale of $1.0 bil of 3.82% Global Notes due '20
11/13/13 8K re: sale of $2 bil Euros of Global Notes
11/1/13 10Q & 2 8Ks 10/23/13 re: results of 3Qtr ended 9/30/13


American Express AXP:
1/16/13 8K re: 4Q results
1/15/14 8K re: deling. & write-off states for 3 mos. through 12/31/13
12/24/13 8K re: settlement with bank regulators re: credit card add-on products
12/19/13 8K re: settlement of class action filed by US merchants
12/16/13 8K re: deling. & write-off states for 3 mos. through 11/30/13
 11/15/13 8K re: delinq. & write-off stats for each of the 3 months ended 10/31/13


Boeing BA:
12/19/13 8K re: promotion of Dennis A. Muilenberg from CEO of Boeing Defense, Space & Security to COO of Boeing & promotion of Raymond L. Conner to Boeing Vice-Chair & CEO of Beoing Comm'l Airplanes & technical amendments to By-laws
12/16/13 8K re: increase in quarterly dividend and add'l $10 bil for stock repurchase program
10/31/13 8K re: $2.3 bil 364 day evolving credit agreement and a $2.3 bil 5 year revolving credit agreement
10/23/13 10Q & 10/23/13 8K re: 3 Qtr ended 9/30/13

Caterpillar CAT:
1/27/14 8K re: 4Q results 12/31/13
1/24/14 8K re: 3 mo. dealer stats thru 12/13
12/23/13 8K re: restructuring of Gosseliers, Belgium ops
12/19/13 8K re: 3 mo. dealer stats thru 11/13
12/11 8K re: mandatory retirement of David R. Goode, Charles D. Powell & amp; amp; amp; amp; amp; Joshua I. Smith from Board & amendment to by-laws
 11/20/13 8K re: supplemental info re: retail sales of machines & power systems
11/1/13 10Q & 10/23/13 2 8Ks re: quarter ended 9/30/13
10/22/13 8K re: retail sales of machinery
10/9/13 8K re: amendment to bylaws re: majority voting for uncontested election of directors


Chevron CVX:
 1/9/14 8K re: interim update for 4Q
12/13/13 8K re: election of Jon M. Huntsman, Jr. to Board & amendment to By-laws
 11/8/13 10Q & 11/1/13 8K re: 3 Qtr ended 9/30/13
10/9/13 8K re: interim update for 3Q

Cisco CSCO:
12/23/13 8K re: exec pre-arranged stock trading plans
12/4/13 8K re: pre-arranged stock trading plan for EVP & Chief Dev. Officer
11/22/13 10Q re: 1 Qtr ended 10/26/13
11/20/13 8K re: amendment of '05 Stock Incentive Plan
11/13/13 8K re: 1 Qtr results & $15 bil increase in share buyback program


Coke KO:
1/24/14 8K & 12/18/13 8K both re: departure of EVP & Pres. of Coca-Cola Americas Steven A. Cahillane
 11/1/13 8K re: completion of public offering of $3.25 bil of notes
10/24/13 8K & 10/24/13 10Q re: qtr ended 9/27/13 & transfer of India & South West Asia units from Eurasia & Africa operating segment to Pacific operating segment
10/15/13 8K re: 3Q results


Disney DIS:
1/24/14 Def. Proxy (& Prelim 12/23/13) re: Annual Shareholders Mtg on 3/18/14 at 10 am Keller Aud., Portland, OR
12/23/13 8K re: election of Jack Dorsey to Board
12/9/13 8K re: Medium-Term Note Program
 11/20/13 & 11/7/13 8K re: fiscal year ended 9/28/13
10/8/13 8K re: amendment to bylaws to eliminate paper share certificates
10/2/13 8K re: new employment contract for Alan N. Braverman EVP, GC & Sec'y for annual salary of $1.4 mil


DuPont DD:
11/6/13 8K and 10/25/13 8K re: separation of Performance Chemicals segment
10/22/13 10Q & 10/22/13 8K re: 3 Qtr ended 9/30/13
10/22/13 & 8K re: results for qtr ended 9/30/13

ExxonMobil XOM:
11/5/13 10Q & 10/31/13 8K re: 3 Qtr ended 9/30/13

GE:
 1/17/14 8K re: 4Q results
11/15/13 8K re: IPO of 20% of N. American Retail Finance business
11/1/13 10Q re 3 Qtr ended 9/30/13
10/18/13 8K re: 3Qtr results
10/16/13 8K re: exercise by Berkshire Hathaway of warrants for 10.7 mil shares


Goldman Sachs GS:
1/16/14 8K re: 4Q & year end results for 12/31/13.
 12/2/13 8K re: approval by regulators of '13 Capital Plan
11/29/13 8K re: $1 bil Flaoting Rate Notes due '23
11/15/13 8K re: $1 bil Floating rate Notes due '18
11/15/13 8K re: Moody's downgrade of Goldman debt
11/7/13 10Q for qtr ended 9/30/13
10/21/13 8K re: retirement of J. Michael Evans as Vice Chair/Head of Growth Markets
10/17/13 8K re: 3Q results
10/1/13 8K re: exercise by Berkshire Hathaway of warrants for 13,062,594 shares


Home Depot HD:
 11/27/13 10Q & 11/19/13 8K re: quarter ended 11/3/13
9/20/13 8K re: election of Helena B. Boulkes to Board of Dirs.
9/10/13 8K re: closing of sale of $3.25 bil notes


Intel INTC:
 1/16/14 8K re: results for 4Qtr & fiscal year ended 12/28/13
12/9/13 8K re: amdmt to '07 Annul Pref. Cash Bonus Plan for Exec Officers
11/22/13 8K re: Investor Meeting
10/28/13 10Q re: Qtr ended 9/28/13
10/23/13 8K re: departure of David Perlmutter, EVP & GM, Architecture Group
10/15/13 2 8Ks re: results for qtr ended 9/28/13



IBM:
1/23/14 8K re: sale of x86 server portfolio to Lenovo
1/22/14 8K re: 4Q earnibgs presentation
1/21/14 8K re: fin'l results for period ending 12/31/13
12/13/13 8K re: consulting contract with retiring Mark Loughridge, SVP
11/20/13 8K re: 750 mil Euro issuance of debt securities
11/7/13 8K re: retirement of Mark Laughridge, SVP & CFO, Finance & Enterprise Transformat'n
11/6/13 8K re: 2.5 bil Euro sale of debt securities
11/1/13 8K recommendation against mini-tender offer by third parties

JPMorganChase JPM:
1/24/14 8K re: grant of restricted stock units to CEO Jamie Dimon
1/22/14 8K re: issuance of fixed to floating rate non-cumulative preferred stock
1/14/14 2 8Ks re: 4Q results
1/7/14 8K re: settlement with various regulations relating to Madoff fraud
1/3/14 8K re: election of Michael A. Nead to Board
11/20/13 8K re: settlement by payment of $13 bil to settle with the President's Residential Mortgage Backed Securities (RMBS) Work Group of the Fin'l Fraud Enforcement Task Force
11/18/13 8K re: settlement by payment of $4.5 bil with 21 inst'l investors re: RMBS claims
11/1/13 10Q for quarter ended 9/30/13

Johnson & Johnson JNJ:
1/21/14 8K re: 4Q 7 fiscal year ended 12/29/13 results
1/17/14 8K re: sale to Carlyle Group of Ortho-Clinical Diagnostics unit
12/4/13 8K re: sale of $3.5 bil Floating Rate notes
11/19/13 8K re: settlement of $2.5 Bil for DePuy hip system claims
11/4/13 10Q for Qtr ended 9/29/13


McDonald's MCD:
 1/23/14 8K re: 4Q & full year results for period ended 12/31/13
12/9/13 8K re: Nov. sales
11/14/13 8K re: sale of 3 mil shares of Ckommon Stock
11/14/13 8K re: Investor Release re: future growth
11/8/13 8K re: 10/13 sales
10/30/13 10Q for Qtr ended 9/30/13
10/21/13 8K re: 3Q results


Merck MRK:
11/7/13 10Q & 10/28/13 8K re: 3 Qtr ended 9/30/13
10/1/13 8K re: global restructuring program and lay-offs of 8,500 employees


Microsoft MSFT:
1/23/14 10Q & 1/23/14 8K re: 4Q ended 12/31/13
12/6/13 8K re: issuance ofover $5 bil of notes un Euros & US Dollars
11/26/13 8K re: restructuring to a devices & services company
11/20/13 8K re: voting results of '13 Annual Meeting of Sahreholders on 11/19/13
10/24/13 10Q & 10/24/13 8K re: Qtr ended 9/30/13
10/8/13; 10/7/13 & 10/3/13 Proxy Materials re: annual shareholders meeting on 11/19 in Bellevue, Washington


Nike NKE:
1/7/1410Q  & 12/23/14 8K & 12/19/13 8K re: 4Q ended 11/30/13
10/7/13 10Q, 9/30/13 8K & 9/26/13 8K re: results for qtr ended 8/31/13
9/24/13 8K re: voting results of annual meeting of shareholders on 9/19/13


Pfizer PFE:
12/28/13 8K re: retirement of M. Anthony Burns from Board
12/19/13 8K re: amdmt of By-laws
12/17/13 8K re: promotion of Albert Bourla to Group VP, Vaccine, ONcology & amp; amp; amp; amp; amp; Consumer Health instead of Amy Schulman who leaves Pfizer (she was GC) & promotion of Susan Silberman to Pres. & amp; GM Global Vaccines
11/8/13 10Q & 10/29/13 8K re: 3 Qtr ended 9/29/13


Procter & Gamble PG:
1/24/14 10Q & 1/24/14 2 8Ks re: results for fiscal year ended 12/31/13
1/14/14 8K re: declaration of quarterly dividend
12/13/13 8K re: amdmt to Code of Regulations
11/5/13 8K re: close of sale of 750 mil Euros 2% Notes due '21
11/4/13 8K close of sale of $2 bil Notes
10/28/13 8K re: reorganizing of Global Business Unit into: Global Beauty, Global Health & Grooming, Blogal Fabric & Home Care, & amp; amp; amp; amp; amp; amp; amp; amp; amp; amp; amp; amp; amp; amp; amp; Global Baby, Feminine & amp; amp; Family Unit
10/25/13 10Q & 2 8Ks re: 1 Qtr ended 9/30/13
10/11/13 8K re: voting results of annual shareholders meeting 10/8/13
10/8/13 8K re: declaration of quarterly dividends


3M MMM:
12/17/13 8K re: declaration of dividend & update of its 5 year plan ('13 - '17)
11/19/13 3 8Ks re: pre-arranged stock trading plans for CEO and other execs
10/31/13 10Q & 10/24/13 8K re: 3 Qtr ended 10/24/13


Travelers TRV:
1/21/14 8K re: 4Q results ended 12/31/13
10/22/13 10Q & 10/22/13 8K re: results for qtr ended 9/30/13


United Technologies UTX:
1/22/14 8K re: 4Q results
12/13/13 8K re: amdmt to B-Laws re: forum to adjudicate certain disputes
10/25/13 10Q & 10/22/13 8K re: 3 Qtr ended 9/30/13
10/22/13 8K re: 3Q results


UnitedHealth Group UNH:
 1/16/14 8K re: 4Q & full year results
1/3/14 8K re: presentation at Goldman Scahs Healthcare Conf.
12/2/13 8K re: Annual Investors Conference to be held 12/3 in NYC
11/7/13 10Q re: 3 Qtr ended 9/30/13
10/17/13 8K re: 3Q results

Verizon Communications Inc. VZ:
1/21/14 8K re: 4Q results
12/10/13 8K re: issuance of shares to purchase Vodafone's 45% interest in Verizon Wireless
12/10/13 Proxy re: Special Mtg of Shareholders re: Vodafone  1/28/14 10 am Westin Governor Morris, Morristown, NJ
11/7/13 8K re: election of Shellye Archambeau as Dir.
10/24/13 10Q for Qtr ended 9/30/13
10/17/13 8K re: 3Q results
10/8/13 Proxy; 10/8/13 S-8 & 10/3/13 8K re: approval by shareholders to buy Vodafone's 45% interest in Verizon Wireless, registration of shares to be issued to Vodafone, & $12 bil credit facility to fund the purchase


Visa V:
 12/13/13 Proxy re: Annual Mtg of Stockhodlers 1/29/14 8:30 am Crowne Plaza, Foster City, CA
11/25/13 8K re: Gary P. Coughlan not running for re-election to Board
11/22/13 10 K & 10/30/13 8K re: FY 9/30/13
10/23/13 8K re: '14 Annual Meeting of Shareholders to be held 1/29/14

WalMart WMT:
 12/10/13 8K re: promotion of David Cheesewright to Pres. & CEO Walmart Int'l
12/6/13 10Q & 11/14/13 8K re: 3 Qtr ended 10/31/13
11/28/13 8K re: repalcement of CEO Mike Duke with C. Douglas McMillon effective 2/1/13
11/22/13 8K re: election of Pamela C. Craig to Board
10/21/13 10Q for quarter ended 7/31/13
10/1/13 8K re: issuance of 1.95% Notes due 2018

THAT'S All.

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