| 2004 Buyback Companies, and their Performance Relative to the S&P500 | |||||
| (through March 18, 2004) | |||||
| Ticker | Name | Announcement Date |
Stock % Change |
S&P % Change |
Stock-S&P |
| WMT | WAL-MART STORES | 1/5/04 | 13.1% | 0.0% | 13.1% |
| BSC | BEAR STEARNS COS. | 1/7/04 | 8.9% | 0.4% | 8.5% |
| PSFT | PEOPLESOFT INC. | 1/12/04 | -18.9% | 0.4% | -19.4% |
| MHS | MEDCO HEALTH SOLUTION | 1/14/04 | -7.9% | 0.7% | -8.6% |
| BMY | BRISTOL-MYERS SQUIBB | 1/15/04 | -14.9% | 0.9% | -15.8% |
| IP | INTERNATIONAL PAPER | 1/15/04 | -5.5% | 0.9% | -6.3% |
| WB | WACHOVIA CORP. (NEW) | 1/15/04 | 2.5% | 0.9% | 1.7% |
| ZION | ZIONS BANCORP | 1/20/04 | -4.8% | 1.5% | -6.3% |
| SOTR | SOUTHTRUST CORP. | 1/21/04 | -0.5% | 2.3% | -2.7% |
| SYMC | SYMANTEC CORP. | 1/21/04 | 15.7% | 2.3% | 13.4% |
| LUV | SOUTHWEST AIRLINES | 1/22/04 | -12.5% | 1.9% | -14.5% |
| VZ | VERIZON COMMUNICATIONS | 1/22/04 | -0.3% | 1.9% | -2.2% |
| AT | ALLTEL CORP. | 1/23/04 | 2.6% | 1.7% | 0.9% |
| BDX | BECTON | 1/27/04 | 7.9% | 1.9% | 6.0% |
| LEH | LEHMAN BROS. | 1/27/04 | 1.0% | 1.9% | -0.9% |
| BAC | BANK OF AMERICA CORP. | 1/28/04 | -0.5% | 0.5% | -1.1% |
| MHP | MCGRAW-HILL | 1/28/04 | 4.4% | 0.5% | 3.8% |
| WWY | WRIGLEY (WM) JR. | 1/28/04 | 3.3% | 0.5% | 2.8% |
| XEL | XCEL ENERGY INC | 1/29/04 | 5.4% | 1.1% | 4.3% |
| AFL | AFLAC CORPORATION | 2/2/04 | 6.4% | 1.2% | 5.3% |
| FDC | FIRST DATA | 2/2/04 | 7.8% | 1.2% | 6.7% |
| MDP | MEREDITH CORP. | 2/2/04 | -1.3% | 1.2% | -2.5% |
| WEN | WENDY'S INTERNATIONAL | 2/2/04 | 6.5% | 1.2% | 5.3% |
| CTL | CENTURY TELEPHONE | 2/3/04 | 9.5% | 1.2% | 8.3% |
| GCI | GANNETT CO. | 2/9/04 | 3.9% | 1.6% | 2.4% |
| JP | JEFFERSON-PILOT | 2/9/04 | 2.2% | 1.6% | 0.7% |
| LNC | LINCOLN NATIONAL | 2/10/04 | 0.7% | 2.1% | -1.4% |
| MER | MERRILL LYNCH | 2/10/04 | 5.3% | 2.1% | 3.3% |
| PRU | PRUDENTIAL FINANCIAL | 2/10/04 | 4.4% | 2.1% | 2.4% |
| RBK | REEBOK INTERNATIONAL | 2/10/04 | 5.6% | 2.1% | 3.6% |
| RX | IMS HEALTH INC. | 2/10/04 | -1.5% | 2.1% | -3.6% |
| MAY | MAY DEPT. STORES | 2/12/04 | -6.2% | 2.7% | -8.8% |
| CTX | CENTEX CORP. | 2/17/04 | 8.1% | 3.1% | 5.0% |
| GDT | GUIDANT CORP. | 2/17/04 | -0.8% | 3.1% | -3.9% |
| MTB | M&T Bank Corp | 2/18/04 | -2.1% | 2.6% | -4.7% |
| TXN | TEXAS INSTRUMENTS | 2/19/04 | -5.2% | 2.2% | -7.4% |
| PNC | PNC BANK CORP. | 2/20/04 | 0.9% | 1.9% | -1.1% |
| FO | FORTUNE BRANDS | 2/24/04 | 7.2% | 1.5% | 5.7% |
| IBM | INTERNATIONAL BUS. MACHINES | 2/24/04 | -4.1% | 1.5% | -5.6% |
| NVLS | NOVELLUS SYSTEMS | 2/24/04 | -4.3% | 1.5% | -5.8% |
| LMT | LOCKHEED MARTIN CORP. | 2/26/04 | -4.4% | 2.0% | -6.4% |
| LTD | LIMITED BRANDS | 2/26/04 | -4.8% | 2.0% | -6.8% |
| SDS | SUNGARD DATA SYSTEMS | 2/26/04 | -3.3% | 2.0% | -5.3% |
| CAH | CARDINAL HEALTH | 2/27/04 | 0.6% | 2.0% | -1.5% |
| FDC | FIRST DATA | 2/27/04 | 2.8% | 2.0% | 0.7% |
| HD | HOME DEPOT | 2/27/04 | 1.9% | 2.0% | -0.1% |
| SPLS | STAPLES INC. | 3/4/04 | -5.1% | 2.9% | -8.0% |
| MXIM | MAXIM INTEGRATED PROD | 3/10/04 | 1.3% | 0.1% | 1.1% |
| NSM | NATIONAL SEMICONDUCTOR | 3/11/04 | 6.5% | -1.4% | 7.9% |
| PTV | PACTIV CORP. | 3/15/04 | 5.6% | -1.6% | 7.2% |
| AZO | AUTOZONE INC. | 3/17/04 | 0.9% | 0.1% | 0.8% |
| Average | -0.6% | ||||
| Stdev | 6.8% | ||||
| N | 51 | ||||
| % positive | 49.0% | ||||