Monday, June 2, 2014

6/2/14 Mon. pm Dow Closes at 16743.63 up 26.46 or 0.16% RECORD HIGH

http://www.dowjonesmonitor.com/

Post No. 2,673 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 as of 5/30/14 and a summary of recent Dow 30 components'  SEC filings as of 5/30/14.

The Dow Jones Industrial Average closed  Monday at 16743.63 up 26.46 or 0.16% from Friday's close of 16717.17. Of the Dow components 16  gained and 14  declined.   The biggest gainer dollar-wise   and percentage-wise was Caterpillar up $1.53 or 1.5%. The biggest decliner dollar-wise  and percentage-wise was  Visa down $1.31 or 0.61%.


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 16.35 up from Friday's trailing P/E ratio of 16.33 (last year it was 16.51).  Monday's P/E estimate is 14.41 down from Friday's P/E estimate of 14.81 (year ago it was 14.05) and Monday's dividend yield is 2.22 up from Friday's dividend yield of 2.18 (last year it was 2.35). The Dow's all-time high was 16,743.63 on June 2,  2014. 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 numerator is 2607.25 up 4.12  from  Friday's   numerator of 2603.13.  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 $86.91 up 14 cents from Friday's  average closing price of $86.77.  The median closing price of  Monday's Dow Jones Industrial Average was $80.60   (PG/HD) down 1 cent from Friday's median closing price of $80.61 (HD/PG). The lowest volume was  Travelers  and the highest volume was Cisco.

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 $412  ($260,725 - $260,313).

6/2/14 Monday 4:39    pm MarketWatch by Anora Mahmudova says the U.S. stock market ended Monday generally higher, with the S&P 500 and Dow Jones Industrial Average closing at record levels.
The main benchmarks moved lower in early trade, after the ISM reported erroneous data showing a downbeat reading in the manufacturing index. Stocks regained footing in the afternoon, once correct data on manufacturing showed factories grew at the fastest pace this year.
Marginal gains on the S&P 500 helped the benchmark close at a record level for the 15th time while the Dow closed at a record for the sixth time this year.
The S&P 500SPX +0.07%  closed 1.40 points, or 0.1%, higher at 1,924.97. The Dow Jones Industrial Average DJIA +0.16%  added 26.46 points, or 0.2%, to 16,743.63. The Nasdaq Composite COMP -0.13%  ended the day down 5.42 points, or 0.1%, at 4,237.20. .                                        
“The correct headline suggests that the economy continues to heal from the first quarter slump. In particular, the new orders component is encouraging,” said Quincy Krosby, market strategist at Prudential Financial.                                       
“The economy is improving, but not as fast as investors hoped for,” Chris Gaffney, senior market strategist at EverBank Wealth Management.
“We expect the market to keep grinding higher. However, with volatility at low levels, there is a fear among investors and everyone is waiting for that big ‘black swan’ event,” he added.
American manufacturers grew in May at the fastest rate of 2014, as almost every major sector showed improvement, according to a index that was corrected Monday. The ISM revised its main gauge of manufacturing activity to 55.4 in May from April’s 54.9, according to press reports.
The first incorrect report showed that U.S. factories slowed their pace of expansion to 53.2 in May, sending stocks lower and prompting some economists to question the numbers.                                       
Separately, the final Markit reading of U.S. manufacturing conditions in May totaled 56.4, compared to a preliminary reading of 56.2, the privately run firm said Monday. In April the index registered 55.4.
In corporate news, Broadcom Corp. BRCM +0.17%  shares surged 9.9% after the company said Monday it hired J.P. Morgan to explore options for its cellular baseband business, including a possible sale or wind-down of the business.
Shares of American Realty Capital Healthcare Trust Inc.HCT -0.09% rallied 9.7% on news that Ventas Inc. VTR -2.80%  has agreed to buy the company in a $2.6 billion deal. Shares in Ventas fell 2.9%.

Monday's Closing Dow Numbers:

Symbol Last Sale Change % Change Share Volume Market
T▼ NYSE
AXP▲ NYSE
BA▲ NYSE
CAT▲ NYSE
CVX▼ NYSE
CSCO▲ NASDAQ-GS
KO▼ NYSE
DIS▲ NYSE
DD▼ NYSE
XOM▼ NYSE
GE▲ NYSE
GS▲ NYSE
HD▲ NYSE
INTC▼ NASDAQ-GS
IBM▲ NYSE
JPM▼ NYSE
JNJ▲ NYSE
MCD▲ NYSE
MRK▲ NYSE
MSFT▼ NASDAQ-GS
NKE▼ NYSE
PFE▲ NYSE
PG▼ NYSE
MMM▼ NYSE
TRV▲ NYSE
UTX▲ NYSE
UNH▼ NYSE
VZ▲ DualListed
V▼ NYSE
WMT▼ NYSE
****************
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 Street Journal,  Financial Times,  New York Times, USA Today, ; Atlanta Journal & 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 Friday's  closing   stock prices and related data in alphabetical order.

The Dow Jones Industrial Average: The Dow Jones Industrial Average closed  Friday at 16717.17 up 18.43 or 0.11% from Thursday's close of 16698.74.   For the year the Dow is up 0.85%. Of the Dow components  22 gained and 8  declined.  For the week the Dow is up 1.2% and for the month up 2.1%. The biggest gainer dollar-wise  Walmart up 79 cents and percentage-wise was Microsoft up 1.49%. The biggest decliner dollar-wise  and percentage-wise was  Caterpillar down $1.37 or 1.32%.

WSJ pB4 "S&P 500 rises 4th month in row to record" by Matt Jarzemsky, Min Zeng  says US stocks edged mostly higher with the S&P 500 riding its 4th consecutive monthly advance to a fresh record as did the Dow.

Sat. NYT pB5 "late rally sends Dow to new high, barely" by AP says the stock market closed May on a mostly higher note on Fri, sending the S&P & Dow to nominal highs.

IBD pB8 "Stock uptrend stays intact: can summer rally follow?" by Paul Whitfield says stocks trotted to a mixed finish Fri as the new uptrend cont'd to avoid hard shots.  Friday's action was mixed in rising vol while the current outlook is a confirmed uptrend.


Friday's Dow Jones Industrial Average numerator is 2603.13 up 2.87  from  Thursday's   numerator of 2600.26.  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 $86.77 up 9 cents from Thursday's  average closing price of $86.68.  The median closing price of  Friday's Dow Jones Industrial Average was $80.61   (HD/PG) up 46 cents from Thursday's median closing price of $80.15 (PG/HD). The lowest volume was   Visa and the highest volume was Intel.

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 made $287  ($260,313 - $260,026).

5/30/14 Friday 4:06    pm MarketWatch by Anora Mahmudova says the U.S. stock market finished May with the biggest monthly gain since February as the main benchmarks ended the week higher. Friday's trading on Wall Street was lackluster as investors were cautious after disappointing reports on personal income, spending and consumer sentiment. Marginal gains on the S&P 500 helped the benchmark close at a record level for the 14th time this year. The large-cap index SPX +0.18% closed 3.44 points, or 0.2%, higher at 1,923.48. The measure added 1.2% over the past week and is 2.1% higher over the past month. The Dow Jones Industrial Average DJIA +0.11% closed at a record level, adding 18.37 points, or 0.1%, to 16,717.11. The blue-chip index gained 0.7% over the week and rose 0.8% over the month. The Nasdaq Composite COMP -0.13% ended the day down 5.33 points, or 0.1%, at 4,242.62, but it still recorded a 1.4% over the past week. A 3.1% gain over the past month was the first monthly advance in 3 months.

Sunday's & Saturday's Dow News followed by Friday's Closing Dow Numbers:

AT&T:  Barron's pM3 "The trader" by Vito J. Racanelli says  says the deal to take over DirectTV by AT&T "injects too much merger execution risk into AT&T's stock.  At&T's total return is 11% in 4 months, half of what the author expected.

American Express:  No mentions found.

Boeing:  No mentions found.

Caterpillar:  No mentions found.

Chevron:  No mentions found.

Cisco:  No mentions found.

Coke:  NYT pB3 "Study examines efficacy of taxes on sugary drinks" by Stephanie Strom  at a tax rate of 4/100 of a penny per calorie, six cents would be added to a 12 oz can of Coca-Cola.

Disney:  WSJ pB4 "Maleficent casts box office spell" by Ben Fritz says moviegoers flocked to Sisney's new film which did $70 mil in its opening weekend.

DuPont:  No mentions found.

Exxon:  No mentions found.

GE:  WSJ pR5 "The complicated route to smarter jet engines" by Deborah Gage says GE is placing tiny sensor on plane parts to help replace stressed parts.

Goldman Sachs:  WSJ pC6 "Goldman's ephemeral trade gains" by John Carney says Goldman inists that it is expanding its market share in fixed income, currency and commodities trading even though the rev is flat.

Home Depot:    No mentions found.

Intel:   IBD pA2 "The big 5 PC makers: set to rebound?" by Brian Deagon says the PC market decline was evident in 3Q '12 when Intel said that quarterly rev fell 5% from the prior year.  It was the first of 4 straight quarters of rev decline for Intel.  Microsoft's decision to end support for Windows XP op  system put many businesses in a position to upgrade which helped Hewlett-Packard and others.

IBM:  Barron's Cover Story  & page 21 "Reinventing big blue" by Leslie P. Norton says IBM CEO Ginni Rometty isn't letting criticism derail her plan to turn around IBM. Barron's says on the cover "We think her plan will work."

JPMorgan:   Barron's p11 "Bank shot" by ben Levisohn says Johnson & Johnson's stock jumped to big gains in '14 because it was cheap.  Financial stocks have disappointed lately as JPMorgan is down 4.9%.

Johnson & Johnson:  WSJ pC6 "Antitrust trauma for joint deals" by Helen Thomas says Johnson & Johnson controls 1/5 of the knee replacement market.

Barron's p11 "Bank shot" by ben Levisohn says Johnson & Johnson's stock jumped to big gains in '14 because it was cheap.  Financial stocks have disappointed lately as JPMorgan is down 4.9%.

McDonald's:  No mentions found.

Merck: Barron's p29 "Best of breed" by Johanna Bennettt says since Pfizer spun off Zoetis, it has 20% of the global animal health market competing with Eli Lilly and Merck.

Microsoft:  WSJ pB1 "Advice to Microsoft's cEO: be brave" by Christoper Mims  says Microsoft should make Windows free and embrace the future of the cloud.

IBD pA2 "The big 5 PC makers: set to rebound?" by Brian Deagon says the PC market decline was evident in 3Q '12 when Intel said that quarterly rev fell 5% from the prior year.  It was the first of 4 straight quarters of rev decline for Intel.  Microsoft's decision to end support for Windows XP op  system put many businesses in a position to upgrade which helped Hewlett-Packard and others.

Nike:  No mentions found.

Pfizer:  FT p8 "Beneficial owerns suffer from democratic deficit" by Steve Johnson says several large shareholders have asked AstrraZeneca to reopen takeover talks with Pfizer as soon as legally permitted in Aug.

Barron's p14 "Week review" says Pfizer dropped its bid for AstraZeneca.

Barron's p29 "Best of breed" by Johanna Bennettt says since Pfizer spun off Zoetis, it has 20% of the global animal health market competing with Eli Lilly and Merck.

Procter & Gamble:  No mentions found.

3M:  No mentions found.

Travelers:  No mentions found.

United Technologies:  WSJ pB5 "Bombardier sees jet in service in 2015 despite engine woe" by Jon Ostrower, Robert Wall says the Pratt & Whyitney unit of United Technologies has sold more than 5,500 of the new fuel efficient engines one of which failed during testing last week for the new CSeries jetliner.

UnitedHealth:  No mentions found.

Verizon:  No mentions found.

Visa:  No mentions found.

Walmart:    No mentions found.

Friday's Closing Dow Numbers:

SymbolLast SaleChange% ChangeShare VolumeMarket
T▲ NYSE
AXP▲ NYSE
BA▲ NYSE
CAT▼ NYSE
CVX▲ NYSE
CSCO▼ NASDAQ-GS
KO▲ NYSE
DIS▼ NYSE
DD▲ NYSE
XOM▼ NYSE
GE▲ NYSE
GS▼ NYSE
HD▲ NYSE
INTC▲ NASDAQ-GS
IBM▲ NYSE
JPM▼ NYSE
JNJ▲ NYSE
MCD▲ NYSE
MRK▲ NYSE
MSFT▲ NASDAQ-GS
NKE▲ NYSE
PFE▲ NYSE
PG▲ NYSE
MMM▲ NYSE
TRV▼ NYSE
UTX▼ NYSE
UNH▲ NYSE
VZ▲ DualListed
V▲ NYSE
WMT▲ NYSE
******************
 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 Satya Nadella (Redmond, WA)


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 5/30/14 ranked in order of market capitalization in billions:

1. Exxon Mobil XOM $431.98
2. Microsoft MSFT 333.47
3. Johnson & Johnson JNJ 284.64
4. GE 267.04
5. WalMart WMT 246.29
6. Chevron CVX 232.75
7.  Procter & Gamble PG 217.48
8. JPMorgan Chase JPM 211.12
9.  Verizon VZ 205.88
10. Pfizer PFE 188.43
11. IBM 185.36
12. AT&T T 183.57
13. Coke KO 178.36
14. Merck MRK 168.65
15.  Disney DIS 145.61
16. Intel INTC 135.5
17. Visa V 134.4
18. Cisco CSCO 125.71
19. Home Depot HD 109
20. United Technologies UTX 106.21
21. McDonald's MCD 99.59 
22. Boeing BA 98.04 
23. American Express AXP 96.64
24. 3M MMM 92.88
25. UnitedHealth UNH 77.65
26. Goldman Sachs GS 77.45
27. Nike NKE 67.26
28. Caterpillar CAT 63.85
29. DuPont DD 63.26
30. Travelers TRV 32.58

****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 5/30/14:

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

AT&T T:
5/19/14 8K re: contract to buy DirecTV
5/2/14 10Q & 4/23/14 8K & 4/22/14 8K re: results of 1 Qtr ended 3/31/14.
4/28/14 8K re: voting results of annual meeting of Stockholders
3/31/14 8K re: closing of sale of Floating Rate Global Notes due '17
3/14/14 8K re: issuance of Notes to purchase LEAP
3/11/14 Proxy re Annual Meeting of Stockholders, 4/25/14 9 am, Rivermill Event Centre, Columbus, GA
3/10/14 8K re: issuance of Global Notes

American Express AXP:
5/15/14 8K re: delinq. & write-off stats. for 3 months through 4/30/14
5/13/14 8K re: 13% dividend increase
4/29/14 10Q re: 1Q ended 3/31
4/16/14 8K re: 1Q results
4/15 8K re: delinq. & write-off stats for 3 months ended 3/31/14
3/27/14 Proxy re: Annual Mtg. of Shareholders 5/12 at  9 a.m. at AXP HQ in NYC
3/26/14 8K re: dividend of 26 cents per share & buyback of up to $4.4 bil of common shares in '14
3/17/14 8K re: jv agreement with Certares re: Global Business Travel Division
3/17/14 8K re: delinq. & write-off stats for 3 months ended 2/28/14


Boeing BA:
5/12/14 8K re: amendment of CEO's employment contract
4/30/14 8K re: voting results from annual meeting of shareholders
4/23/14 10Q & 8K re: 1 Qtr ended 3/31/14
3/14/14 Proxy for Annual Meeting of Shareholders 4/28/14 10:00 am, Field Museum, Chicago
3/11/14 8K re: amendments to Supp. Exec. Retirement Plan
3/28/14 8K re: selection of Robert E. Verbeck as VP Finance


Caterpillar CAT:
5/28/14 & 4/21/14 Proxies re: annual meeting of stockholders on 6/11/14 at Corinth, MS
5/20/14 8K re: 3 months retail sales stats through 4/14
5/8/14 8K re: underwriting agreement to issue notes
5/2/14 10Q & 4/24/14 8K re: 1 Qtr ended 3/31/14 results
4/23/14 8K re: 3 months retail sales stats through 3/14
3/20/14 8K re: 3 month dealer stats thru 2/14


Chevron CVX:
5/2/14 10Q & 8K re: 1 Qtr ended 3/31 results
4/10/14 Proxy re: Annual Meeting of Shareholders on 5/28 at Permian Basin Petroleum Museum, Midland, Tx at 8 am
4/9/14 8K re: Interim update for 1Q
3/28/14 8K re: increase in comp. to exec officers


Cisco CSCO:
5/22/14 10Q & 5/14/14 8K re: 1 Qtr ended 4/26 results
3/26/14 8K re: adoption of pre-arranged exec stock trading plans
3/11/14 8K re: exec's pre-arranged stock trading plan
3/3/14 8K re: issuance of Floating Rate Notes


Coke KO:
4/30/14 10Q/A & 4/24/14 10Q for 1Qtr ended 3/28 results
4/25/14 8K re: election of Kathy N. Waller as CFO
4/23/14 8K re: approval of Equity Comp. Plan
4/15/14 8K re: 1Q results
4/3/14 & 3/28/14 Proxy material re: issue of exec. comp.
3/7/14 8K re: public offering of $1 bil Floating Rate Notes due '15
3/7/14 Proxy Statement re: Shareholder Meeting 4/23/14 12:30 pm Cobb Galeria, Atlanta


Disney DIS:
5/6/14 8K & 10Q for 1Qtr ended 3/29 results
3/20/14 8K re: amdmt to cert. of incorp.
3/18/14; 3/4/14; & 2/3/14 Add'l proxy materials 


DuPont DD:
4/28/14 8K re: voting results of Stockholders Mtg
4/22/14 10Q & 4/17/14 re: 1 Qtr ended 3/31
3/17/14 8K re: results for qtr ended 3/31
3/14/14 Proxy Stockholders Mtg 4/23/14 10:30 am, DuPont Theatre, Wilmington, DE
3/10/14 8K re: guidance for 2014


ExxonMobil XOM:
5/14/14 & 4/22/14 Proxy material re: exec comp
5/7/14 10Q & 5/1/14 8K re: 1 Qtr. ended 3/31 results
4/11/14 Proxy re: Shareholder Mtg on 5/28 at Myerson Symphony Ctr, Dallas, Tx at 9:30 am
3/24/14 8K re: Reg. FD disclosure re: '13 Fin'l & Operating Rev
3/20/14 8K re: issuance of Float Rate Notes
3/11/14 8K re: presentation at analyst meeting

GE:
5/12/14 10Q & 4/17/14 8K re: 1 Qtr ended 3/31 results
4/28/14 8K re: voting results from annual shareholders meeting
4/23/14 8K re: election of John J. Brennan to Board of Dirs.
4/17/14 8K re: 1Q results
3/11/14 8K re: public offering of Notes
3/5/14 Proxy Annual Shareholders Meeting 4/23/14 10 am Sheraton, Chicago


Goldman Sachs GS:
5/29/14 8K re: tender offer for debt securities.
5/19/14 8K re: shareholder meeting voting results
5/19/14 10Q  re: 1 Qtr results ended 3/31
4/21/14 Proxy material re: governance and practices
4/28/14 8K re: amend cert. of incorp. re: series L Preferred rights
4/17/14 8K re: 1Q results
4/4/14 Proxy re: Shareholder Mtg at 5/16 at GS Office, Irving Tx at 9:30 am
3/26/14 8K re: revised '14 capital plan submitted to Fed. Res. Bd.
3/3/14 8K re: issuance of Notes
3/3/14 8K re: election of Peter Oppenheimer to Bod


Home Depot HD:
5/28/14 10Q & 5/20/14 8K re: 1 Qtr results
5/28/14 8K re: voting results from Shareholder Meeting
4/7/14 Proxy re: Shareholder Mtg 5/22 Cobb Galleria Centre, Atlanta, Ga. at 9:00 am
3/27/14 10K for year ended 2/2/14


Intel INTC:
5/28/14 8K re: voting results from Stockholder Mtg
4/25/14 10Q for 1 Qtr ended 3/29
4/15/14 8K re: 1Q results
4/7/14 8K re: changes to operating segments reports
4/3/14 Proxy re: Stockholder Mtg on 5/22 at 8:30 am at Intel HQ, Santa Clara, CA


IBM:
5/14/14  2 8Ks re: FD disclosures re: investors' meeting
5/2/14 8K re: voting results from Stockholder Mtg
4/29/14 10Q for 1 Qtr. ended 3/31
4/17/14 & 4/16/14 8K re: 1Q earnings presentation
4/3/14 Proxy re: add't'l info
3/10/14 Proxy Stockholder Mtg 4/29/14 10 am Osborn Conv. Ctr., Jacksonville, FL


JPMorganChase JPM:
5/22/14 8K re: Voting results from Shareholder Mtg.
5/13/14 8K re: Offering of notes
4/22/14 Proxy information
4/11/14 2 8Ks re: 1Q results
4/9/14 Proxy re: Shareholder Mtg at JPM Offices on 5/20/14 at Tampa, Fl at 10:00 am
3/26/14 8K re: dividend of 40 cents per share & buyback of $6.5 bil of common stock
3/20/14 8K results of '14 Dodd-Frank Act Stress Tests
3/14/14 8K re: issuance of Notes
3/10/14 8K re: issuance of Pref. Stock
3/5/14 8K re: issuance of Notes


Johnson & Johnson JNJ:
5/2/14 10Q for 1 Qtr ended 3/30
4/25/14 8K re: voting results of shareholder meeting
4/15/14 8K re: results of 1Q ended 3/30/14
3/12/14 Proxy -  Shareholder Meeting 4/24 10 am Hyatt Regency, New Brunswick, NJ



McDonald's MCD:
5/28/14 8K re: Voting results of Shareholder Mtg
5/27/14 8K re: retirement of Timothy Fenton
5/8/14 8K re: April sales
5/6/14 10Q & 4/222/14 8K re: 1 Qtr ended 3/31 results
4/11/14 Proxy re: Shareholder Mtg on 5/22/14 at 8 am at MCD HQ at Oak Brook, Ill
3/21/14 8K re: retirement of COO Tim Fenton & global mgmt. restructure
3/13/14 8K re: presentation at Merrill Lynch Consumer Retail Conf. in NYC 3/12
3/10/14 8K re: Feb. sales


Merck MRK:
5/29/14 8K re: voting results of Shareholder Mtg
5/8/14 10Q & 4/29/14 8K re: 1 Qtr ended 3/31
5/6/14 8K re: FD re: Investor briefing
4/14/14 Proxy re: Shareholder Mtg on 5/27 at 9 am at Bridgewater Marriott, Bridgewater, NJ
3/27/14 8K re: departure of EVP/CEO Peter N. Kellogg

Microsoft MSFT:
4/24/14 10Q & 4/24/14 8K re: 1 Qtr ended 3/31 results
3/20/14 8K re: resignation from Bd. of Dirs. of Stephen J. Luczo
3/12/14 8K re: election of G. Mason Morfit, Pres. ValueAct Capital, to BoD


Nike NKE:
4/7/14 10Q & 3/25/14 & 3/20/14 8Ks re: Year ended 2/28/14
1/7/1410Q  & 12/23/14 8K & 12/19/13 8K re: 4Q ended 11/30/13



Pfizer PFE:
5/27/14; 5/20/14; 5/13/14; 5/2/14  & 4/28/14 8Ks all with respect to bid for and withdrawal of bid for AstraZeneca
5/19/14 8K re: offering of floating rate notes
5/15/14 8K re: public offering of notes
5/8/14 10Q & 5/5/14 8K re: 1 Qtr ended 3/30 results
4/28/14 8K re: Voting results of Shareholder Meeting
4/11/14 & 4/2/14 Proxy re: add't'l info
3/13/14 Proxy - Shareholder Meeting 4/24/14 8:30 am Hilton Short Hills, NJ


Procter & Gamble PG:
4/23/14 10Q & 2 8Ks re 1 Qtr ended 3/31 results
4/9/14 8K re: sale of Pet Food biz to Mars for $2.9 bil
4/7/14 8K re: dividend of 64 cents  on common & preferred shares


3M MMM:
5/16/14 8K re: sale of notes
5/15/14 8K re: transfer of product lines between divisions
5/14/14 8K re: results of votes of Stockholders
5/1/14 10Q & 4/24/14 8K re: 1 Qtr ended 3/31
4/15/14; 3/27/14; & 3/26/14 Proxy re: Stockholder Mtg on 5/13/14 at 10:00 am at Austin Conv. Ctr. at Austin, Tx
4/8/14 8K re: imminent danger order issued and then lifted for Greystone Plant at Wauscu, Wisc.
3/5/14 8K re: realignment of business segments


Travelers TRV:
4/22/14 10 Q & 8K re: 1 Qtr ended 3/31 results
4/11/14 Proxy re: shareholder Mtg on 5/27 at 1 pm at Hartford Marriott Downtown, Hartford, Ct.
3/17/14 8K re: cahnge of date of Annual Shareholders Meeting from 5/28 to 5/27/14 at Hartford, Ct., Mariott Downtown


United Technologies UTX:
5/2/14 8K amendment of Long Term Incentive Plan
4/25/14 10Q & 4/22/14 8K re: 1 Qtr ended 3/31 results
4/8/14 Proxy re: add'l info
3/14/14 Proxy - Shareholder Meeting 4/28 2 pm Ritz-Carlton, Charlotte, NC


UnitedHealth Group UNH:
5/23/14 8K re: investor presentation
5/6/14 10 Q & 4/17/14 8K re: 1Q ended 3/31results
4/23/14 2 proxy filings for Annual Meeting of Shareholders on 6/2/14 at 10 am at Anthony Marton Aud. in Las Vegas
3/7/14 8K re: presentation at Barclays Global Healthcare Conf. Miami 3/11


Verizon Communications Inc. VZ:
5/29/14 8K re: exchange offer of notes
5/6/14 8K re: technical amendment to Bylaws
4/29/14 10Q & 4/24/14 8K re: 1 Qtr results ended 3/31
4/11/14 Proxy re: add'l info
3/17/14 Proxy - Annual Meeting of Shareholders 5/1/14 10:30 am, Sheraton, Phoenix, AZ
3/10/14; 2/1/14; 1/30/14 & 1/28/14 8Ks re: closing of the purchase of Vodafone's 45% interest in Verizon Wireless
3/7/14 8K re: declaration of quarterly dividend & repurchase program of up to 100 mil shares


Visa V:
4/24/14 10Q & 8K re: 2 Qtr ended 3/31/14 results
4/23/14 8K re: quarterly cash dividend of 40 cents per share
3/1/314 8K re: resignation of Elizabeth Buse, EVP Solutions
3/7/14 8K re: pre-arranged stock trading plan for CFO
3/5/14 8K re: presentation at Morgan Stanley tech, Media & Telecom Conf 3/5

WalMart WMT:
5/29/14 & 4 filings  on 4/23/14 Proxy Materials re: 6/6/14 Annual Shareholder Meeting at 7 am at Bud Walton Arena, Fayetteville, Ark
5/15/14 8K re: 1 Qtr results
4/21/14 8K re: sale of notes
4/7 8K re: issuance of euro Notes due '22
3/21/14 10K for FY ended 1/31/14

NO MAS, AMIGOS

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