The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABB Ltd. ADR COM 000375204 3,504 11,882 SH   SOLE   11,882 0 0
AbbVie Inc. COM 00287Y109 562 12,570 SH   SOLE   12,570 0 0
Abbott Laboratories COM 002824100 417 12,570 SH   SOLE   12,570 0 0
Aceto Corp. COM 004446100 185 11,851 SH   SOLE   11,851 0 0
Apache Corp. COM 037411105 24,359 244,567 SH   SOLE   244,567 0 0
Avnet Inc. COM 053807103 17,240 347,736 SH   SOLE   347,736 0 0
BHP Billiton PLC-ADR COM 05545E209 3,378 4,849 SH   SOLE   4,849 0 0
Becton Dickinson & Co. COM 075887109 630 6,300 SH   SOLE   6,300 0 0
Bunge Ltd. COM G16962105 28,213 327,630 SH   SOLE   327,630 0 0
Baker Hughes Inc. COM 057224107 30,068 532,732 SH   SOLE   532,732 0 0
Berkshire Hathaway Inc.-CL A COM 084670108 7,328 43 SH   SOLE   43 0 0
Berkshire Hathaway Inc. CL B COM 084670702 1,853 16,323 SH   SOLE   16,323 0 0
Conagra Foods Inc. COM 205887102 20,000 659,183 SH   SOLE   659,183 0 0
Cardinal Health Inc. COM 14149Y108 29,815 512,580 SH   SOLE   512,580 0 0
Check Point Software Technologies Ltd. COM M22465104 21,690 327,541 SH   SOLE   327,541 0 0
China Mobile HK Ltd. - ADR COM 16941M109 1,640 29,063 SH   SOLE   29,063 0 0
Coach Inc. COM 189754104 8,787 121,088 SH   SOLE   121,088 0 0
ConocoPhillips COM 20825C104 10,320 148,472 SH   SOLE   148,472 0 0
Covidien PLC COM G2554F113 17,410 242,513 SH   SOLE   242,513 0 0
CSX Corporation COM 126408103 9,703 249,986 SH   SOLE   249,986 0 0
Diebold Inc. COM 253651103 12,917 439,938 SH   SOLE   439,938 0 0
Du Pont (E.I.) De Nemours COM 263534109 8,508 145,286 SH   SOLE   145,286 0 0
Dover Corp. COM 260003108 10,073 90,465 SH   SOLE   90,465 0 0
Amdocs Ltd. COM G02602103 9,487 258,937 SH   SOLE   258,937 0 0
Devon Energy Corp. COM 25179M103 16,262 226,211 SH   SOLE   226,211 0 0
Dreamworks Animation COM 26153C103 2,756 96,826 SH   SOLE   96,826 0 0
Emerson Electric Co. COM 291011104 4,385 67,780 SH   SOLE   67,780 0 0
Exelon Corp. COM 30161N101 5,527 186,480 SH   SOLE   186,480 0 0
Freeport-McMoRan Copper & Gold Inc. COM 35671D857 26,238 690,456 SH   SOLE   690,456 0 0
F.N.B. Corp. COM 302520101 3,681 303,500 SH   SOLE   303,500 0 0
Hasbro Inc. COM 418056107 10,798 187,396 SH   SOLE   187,396 0 0
Hancock Holding Co. COM 410120109 7,668 244,351 SH   SOLE   244,351 0 0
IBM COM 459200101 579 3,126 SH   SOLE   3,126 0 0
ICICI Bank Ltd. - ADR COM 45104G104 2,499 82,000 SH   SOLE   82,000 0 0
IShares S&P 500 Index Fund COM 464287200 524 3,100 SH   SOLE   3,100 0 0
Jabil Circuit Inc. COM 466313103 14,988 691,330 SH   SOLE   691,330 0 0
Johnson Controls Inc. COM 478366107 7,204 173,590 SH   SOLE   173,590 0 0
Johnson & Johnson COM 478160104 17,692 161,656 SH   SOLE   161,656 0 0
JPMorgan Chase & Co. COM 46625H100 231 4,471 SH   SOLE   4,471 0 0
Coca Cola Co. COM 191216100 3,550 93,720 SH   SOLE   93,720 0 0
Kraft Foods Group Inc. COM 50076Q106 966 18,418 SH   SOLE   18,418 0 0
KT Corp. - ADR COM 48268K101 3,907 110,385 SH   SOLE   110,385 0 0
Mondelez International Inc. COM 609207105 1,736 55,256 SH   SOLE   55,256 0 0
Medtronic Inc. COM 585055106 17,130 264,109 SH   SOLE   264,109 0 0
Metlife Inc. COM 59156R108 22,058 392,338 SH   SOLE   392,338 0 0
3M Co. COM 88579Y101 767 6,424 SH   SOLE   6,424 0 0
The Mosaic Co. COM 61945C103 18,315 353,611 SH   SOLE   353,611 0 0
Merck & Co. Inc. COM 58933Y105 11,897 249,889 SH   SOLE   249,889 0 0
Microsoft Corp. COM 594918104 27,003 680,703 SH   SOLE   680,703 0 0
M&T Bank Corp. COM 55261F104 4,875 43,561 SH   SOLE   43,561 0 0
Norfolk Southern Corp. COM 655844108 12,369 159,912 SH   SOLE   159,912 0 0
Novartis AG - ADR COM 66987V109 661 8,619 SH   SOLE   8,619 0 0
Newell Rubbermaid Inc. COM 651229106 7,003 254,644 SH   SOLE   254,644 0 0
Oracle Corp. COM 68389X105 16,069 484,450 SH   SOLE   484,450 0 0
Pfizer Inc. COM 717081103 201 6,993 SH   SOLE   6,993 0 0
Procter & Gamble Co. COM 742718109 798 10,563 SH   SOLE   10,563 0 0
PNC Financial Services Group Inc. COM 693475105 24,803 290,921 SH   SOLE   290,921 0 0
PPL Corp. COM 69351T106 19,398 513,590 SH   SOLE   513,590 0 0
Petrochina Co. Ltd. - ADR COM 71646E100 5,697 19,181 SH   SOLE   19,181 0 0
Prudential PLC - ADR COM 74435K204 3,581 7,791 SH   SOLE   7,791 0 0
Ryder System Inc. COM 783549108 24,744 348,146 SH   SOLE   348,146 0 0
Royal Dutch Shell PLC ADR A COM 780259206 3,466 4,467 SH   SOLE   4,467 0 0
Resolute Forest Products COM 76117W109 3,446 562,327 SH   SOLE   562,327 0 0
Reinsurance Group of America COM 759351604 12,668 146,357 SH   SOLE   146,357 0 0
CIA Saneamento Basico De - ADR COM 20441A102 1,070 107,442 SH   SOLE   107,442 0 0
Select Medical Holdings Corp. COM 81619Q105 3,988 494,200 SH   SOLE   494,200 0 0
Shinhan Financial Group - ADR COM 824596100 2,541 4,994 SH   SOLE   4,994 0 0
Siemens AG-ADR COM 826197501 2,935 2,064 SH   SOLE   2,064 0 0
Smith & Nephew PLC - ADR COM 83175M205 3,165 4,005 SH   SOLE   4,005 0 0
Sanofi - ADR COM 80105N105 4,597 21,182 SH   SOLE   21,182 0 0
Sasol Ltd. - ADR COM 803866300 1,790 37,449 SH   SOLE   37,449 0 0
State Street Corp. COM 857477103 10,411 158,338 SH   SOLE   158,338 0 0
Molson Coors Brewing Co. - B COM 60871R209 7,813 155,853 SH   SOLE   155,853 0 0
Tidewater Inc. COM 886423102 4,607 77,700 SH   SOLE   77,700 0 0
Teva Pharmaceutical - ADR COM 881624209 29,490 674,104 SH   SOLE   674,104 0 0
Toyota Motor Corp. - ADR COM 892331307 2,535 2,078 SH   SOLE   2,078 0 0
Tupperware Brands Corp. COM 899896104 11,110 95,905 SH   SOLE   95,905 0 0
Unilever PLC - ADR COM 904767704 3,568 6,845 SH   SOLE   6,845 0 0
U.S. Bancorp. COM 902973304 349 9,553 SH   SOLE   9,553 0 0
United Technologies Corp. COM 913017109 559 5,185 SH   SOLE   5,185 0 0
Telefonica Brasilsa - ADR COM 87936R106 9,143 290,423 SH   SOLE   290,423 0 0
Walgreen Co. COM 931422109 17,608 327,280 SH   SOLE   327,280 0 0
Wells Fargo Co. COM 949746101 307 7,421 SH   SOLE   7,421 0 0
Wal-Mart Stores Inc. COM 931142103 1,476 19,950 SH   SOLE   19,950 0 0
Exxon Mobil Corp. COM 30231G102 958 11,131 SH   SOLE   11,131 0 0