2004 Buyback Companies, and their relative performance to the S&P500
( performance through Jul 23 2004, assumes buy on day after announcement )
Ticker Name Announcement
Date
Stock %
Change
S&P %
Change
Stock-S&P
WMT WAL-MART STORES 1/5/04 -0.3% -3.3% 3.0%
BSC BEAR STEARNS COS 1/7/04 3.0% -4.0% 7.0%
PSFT PEOPLESOFT INC 1/12/04 -20.2% -3.1% -17.1%
MHS MEDCO HEALTH SOL 1/14/04 -7.8% -4.1% -3.8%
BMY BRISTOL-MYER SQB 1/15/04 -22.2% -4.7% -17.4%
IP INTL PAPER CO 1/15/04 -3.0% -4.7% 1.7%
WB WACHOVIA CORP 1/15/04 -3.2% -4.7% 1.5%
ZION ZIONS BANCORP 1/20/04 -2.4% -5.4% 3.0%
SOTR SOUTHTRUST CORP 1/21/04 18.4% -5.0% 23.4%
SYMC SYMANTEC CORP 1/21/04 12.8% -5.0% 17.9%
LUV SOUTHWEST AIR 1/22/04 -9.6% -4.8% -4.8%
VZ VERIZON COMMUNIC 1/22/04 -6.1% -4.8% -1.2%
AT ALLTEL CORP 1/23/04 3.7% -6.0% 9.7%
BDX BECTON DICKINSON 1/27/04 7.2% -3.7% 11.0%
LEH LEHMAN BROS HLDG 1/27/04 -14.7% -3.7% -11.0%
BAC BANK OF AMERICA 1/28/04 4.9% -4.2% 9.1%
MHP MCGRAW-HILL COS 1/28/04 -2.7% -4.2% 1.5%
WWY WRIGLEY WM JR CO 1/28/04 4.8% -4.2% 9.1%
XEL XCEL ENERGY INC 1/29/04 -4.4% -4.0% -0.4%
AFL AFLAC INC 2/2/04 5.7% -4.4% 10.1%
FDC FIRST DATA CORP 2/2/04 9.7% -4.4% 14.1%
MDP MEREDITH CORP 2/2/04 5.2% -4.4% 9.6%
WEN WENDY'S INTL INC 2/2/04 -5.7% -4.4% -1.3%
CTL CENTURYTEL INC 2/3/04 9.4% -3.6% 13.0%
GCI GANNETT CO 2/9/04 -5.2% -5.2% 0.0%
JP JEFFERSON-PILOT 2/9/04 -12.1% -5.2% -6.9%
LNC LINCOLN NATL CRP 2/10/04 -9.7% -6.2% -3.5%
MER MERRILL LYNCH 2/10/04 -19.6% -6.2% -13.5%
PRU PRUDENTL FINL 2/10/04 -2.8% -6.2% 3.4%
RBK REEBOK INTL LTD 2/10/04 -11.3% -6.2% -5.1%
RX IMS HEALTH INC 2/10/04 -5.9% -6.2% 0.3%
MAY MAY DEPT STORES 2/12/04 -24.9% -5.2% -19.7%
CTX CENTEX CORP 2/17/04 -17.6% -5.7% -11.9%
GDT GUIDANT CORP 2/17/04 -18.7% -5.7% -13.0%
MTB M&T BANK CORP 2/18/04 -0.4% -5.3% 4.9%
TXN TEXAS INSTRUMENT 2/19/04 -32.1% -5.1% -27.0%
PNC PNC FINANCIAL SE 2/20/04 -13.5% -4.8% -8.7%
FO FORTUNE BRANDS 2/24/04 2.2% -5.0% 7.2%
IBM IBM 2/24/04 -12.1% -5.0% -7.1%
NVLS NOVELLUS SYS 2/24/04 -20.4% -5.0% -15.4%
LMT LOCKHEED MARTIN 2/26/04 15.0% -5.1% 20.1%
LTD LIMITED BRANDS 2/26/04 -1.0% -5.1% 4.2%
SDS SUNGARD DATA SYS 2/26/04 -20.4% -5.1% -15.3%
CAH CARDINAL HEALTH 2/27/04 -22.5% -6.0% -16.5%
FDC FIRST DATA CORP 2/27/04 2.8% -6.0% 8.8%
HD HOME DEPOT INC 2/27/04 -10.4% -6.0% -4.4%
SPLS STAPLES INC 3/4/04 7.0% -6.1% 13.1%
MXIM MAXIM INTEGRATED 3/10/04 3.1% -1.9% 5.0%
NSM NATL SEMICONDUCT 3/11/04 -14.6% -3.1% -11.5%
PTV PACTIV CORP 3/15/04 7.5% -2.2% 9.7%
AZO AUTOZONE INC 3/17/04 -9.6% -3.2% -6.3%
FCX FREEPORT-MCMOR-B 3/22/04 -14.4% -0.7% -13.6%
CMA COMERICA INC 3/23/04 9.8% -0.5% 10.3%
AMAT APPLIED MATERIAL 3/24/04 -24.7% -2.1% -22.6%
PBG PEPSI BOTTLING 3/25/04 -0.9% -2.0% 1.1%
CCU CLEAR CHANNEL 3/30/04 -16.4% -3.6% -12.8%
CVX CHEVRONTEXACO 3/31/04 6.5% -4.1% 10.6%
ABI APPLIED BIOSYSTE 4/5/04 -3.5% -5.4% 1.9%
DELL DELL INC 4/8/04 -1.8% -5.2% 3.3%
NYT NEW YORK TIMES-A 4/13/04 -11.2% -3.7% -7.5%
PPG PPG INDS INC 4/15/04 -5.5% -4.3% -1.3%
ROK ROCKWELL AUTOMAT 4/16/04 3.1% -4.4% 7.4%
FHN FIRST HORIZON NA 4/20/04 0.9% -3.4% 4.2%
FDO FAMILY DOLLAR ST 4/22/04 -16.5% -4.8% -11.7%
TSG SABRE HOLDINGS-A 4/22/04 -2.9% -4.8% 1.9%
XLNX XILINX INC 4/22/04 -18.8% -4.8% -14.1%
HDI HARLEY-DAVIDSON 4/26/04 4.0% -4.6% 8.5%
HBAN HUNTINGTON BANC 4/27/04 11.3% -3.2% 14.5%
PBI PITNEY BOWES INC 4/27/04 -5.9% -3.2% -2.7%
PCAR PACCAR INC 4/27/04 -0.9% -3.2% 2.3%
WFC WELLS FARGO & CO 4/27/04 0.6% -3.2% 3.8%
ACS AFFIL COMPUTER-A 4/29/04 8.7% -1.9% 10.6%
ET E*TRADE FINANCIA 4/29/04 -6.1% -1.9% -4.2%
AET AETNA INC 4/30/04 0.4% -2.8% 3.2%
MAR MARRIOTT INTL-A 4/30/04 1.0% -2.8% 3.8%
MET METLIFE INC 5/4/04 -0.3% -3.2% 2.9%
SPG SIMON PROPERTY 5/6/04 9.1% -1.1% 10.2%
UPS UNITED PARCEL-B 5/6/04 2.5% -1.1% 3.6%
PBI PITNEY BOWES INC 5/10/04 -4.2% -0.8% -3.4%
GCI GANNETT CO 5/12/04 -5.2% -0.9% -4.3%
PFG PRINCIPAL FINL 5/12/04 -2.2% -0.9% -1.2%
CSCO CISCO SYSTEMS 5/13/04 -1.5% -0.9% -0.6%
FCX FREEPORT-MCMOR-B 5/13/04 15.7% -0.9% 16.6%
LTD LIMITED BRANDS 5/17/04 0.4% -0.5% 0.8%
NTAP NETWORK APPLIANC 5/18/04 -5.7% -0.2% -5.5%
BLI BIG LOTS INC 5/19/04 -5.4% -0.3% -5.2%
FDC FIRST DATA CORP 5/19/04 -0.6% -0.3% -0.3%
INTU INTUIT INC 5/19/04 -4.9% -0.3% -4.6%
YUM YUM! BRANDS INC 5/20/04 4.2% -0.7% 4.9%
EOP EQUITY OFFICE PR 5/24/04 -1.9% -2.4% 0.5%
MCO MOODY'S CORP 5/24/04 -0.7% -2.4% 1.7%
TJX TJX COS INC 5/24/04 -10.2% -2.4% -7.7%
HD HOME DEPOT INC 5/26/04 -7.9% -3.1% -4.8%
SVU SUPERVALU INC 5/26/04 -4.7% -3.1% -1.6%
HPQ HEWLETT-PACKARD 5/28/04 -7.5% -3.1% -4.4%
KMB KIMBERLY-CLARK 6/8/04 -2.6% -4.0% 1.4%
APC ANADARKO PETROLE 6/9/04 2.1% -4.4% 6.5%
HRB H&R BLOCK INC 6/9/04 2.8% -4.4% 7.2%
TGT TARGET CORP 6/9/04 -4.2% -4.4% 0.2%
APCC AMER POWER CONV 6/14/04 -11.3% -4.0% -7.3%
ZION ZIONS BANCORP 6/14/04 0.0% -4.0% 4.1%
CC CIRCUIT CITY STO 6/15/04 6.8% -4.2% 11.0%
FITB FIFTH THIRD BANC 6/15/04 -8.3% -4.2% -4.2%
WHR WHIRLPOOL CORP 6/16/04 -6.0% -4.1% -2.0%
BBY BEST BUY CO INC 6/24/04 -10.1% -4.3% -5.9%
NKE NIKE INC -CL B 6/24/04 -6.7% -4.3% -2.4%
APOL APOLLO GROUP-A 6/30/04 -0.2% -3.8% 3.6%
COL ROCKWELL COLLINS 6/30/04 -1.0% -3.8% 2.8%
TXU TXU CORP 6/30/04 -4.5% -3.8% -0.7%
GCI GANNETT CO 7/13/04 1.3% -2.3% 3.6%
MER MERRILL LYNCH 7/13/04 -1.7% -2.3% 0.5%
WAG WALGREEN CO 7/14/04 -2.3% -1.9% -0.5%
R RYDER SYSTEM INC 7/19/04 0.9% -2.0% 3.0%
CMX CAREMARK RX INC 7/20/04 0.0% -0.7% 0.7%
FD FEDERATED DEPT 7/20/04 0.9% -0.7% 1.6%
FRX FOREST LABS INC 7/20/04 -0.2% -0.7% 0.5%
LLTC LINEAR TECH CORP 7/20/04 1.2% -0.7% 1.9%
MSFT MICROSOFT CORP 7/20/04 -2.9% -0.7% -2.2%
CCU CLEAR CHANNEL 7/21/04 -0.9% -1.0% 0.1%
JPM JP MORGAN CHASE 7/21/04 -0.7% -1.0% 0.3%
DGX QUEST DIAGNOSTIC 7/22/04 0.0% 0.0% 0.0%
JNS JANUS CAPITAL GR 7/22/04 0.0% 0.0% 0.0%
KMB KIMBERLY-CLARK 7/22/04 0.0% 0.0% 0.0%
TMO THERMO ELECTRON 7/22/04 0.0% 0.0% 0.0%
TSG SABRE HOLDINGS-A 7/22/04 0.0% 0.0% 0.0%
KEY KEYCORP 7/23/04 0.0% 0.0% 0.0%
Average 0.0%
Stdev 8.7%
N 126
% positive 52.4%