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 4,000 150,601 SH   SOLE   150,601 0 0
AbbVie Inc. COM 00287Y109 664 12,570 SH   SOLE   12,570 0 0
Abbott Laboratories COM 002824100 482 12,570 SH   SOLE   12,570 0 0
Aceto Corp. COM 004446100 296 11,851 SH   SOLE   11,851 0 0
Abercombie & Fitch Co. Cl A COM 002896207 10,850 329,684 SH   SOLE   329,684 0 0
Apache Corp. COM 037411105 24,426 284,220 SH   SOLE   284,220 0 0
Avnet Inc. COM 053807103 17,438 395,336 SH   SOLE   395,336 0 0
Baxter International Inc. COM 71813109 18,009 258,941 SH   SOLE   258,941 0 0
BHP Billiton PLC-ADR COM 05545E209 3,653 58,812 SH   SOLE   58,812 0 0
Becton Dickinson & Co. COM 075887109 696 6,300 SH   SOLE   6,300 0 0
Bunge Ltd. COM G16962105 28,726 349,849 SH   SOLE   349,849 0 0
Baker Hughes Inc. COM 057224107 33,606 608,151 SH   SOLE   608,151 0 0
Berkshire Hathaway Inc.-CL A COM 084670108 5,515 31 SH   SOLE   31 0 0
Berkshire Hathaway Inc. CL B COM 084670702 1,935 16,323 SH   SOLE   16,323 0 0
Conagra Foods Inc. COM 205887102 33,332 989,082 SH   SOLE   989,082 0 0
Cardinal Health Inc. COM 14149Y108 10,936 163,690 SH   SOLE   163,690 0 0
Check Point Software Technologies Ltd. COM M22465104 22,570 349,811 SH   SOLE   349,811 0 0
China Mobile HK Ltd. - ADR COM 16941M109 1,650 31,563 SH   SOLE   31,563 0 0
Comerica Inc. COM 200340107 229 4,820 SH   SOLE   4,820 0 0
Coach Inc. COM 189754104 9,094 162,018 SH   SOLE   162,018 0 0
ConocoPhillips COM 20825C104 10,372 146,802 SH   SOLE   146,802 0 0
Covidien PLC COM G2554F113 18,619 273,410 SH   SOLE   273,410 0 0
CSX Corporation COM 126408103 10,618 369,069 SH   SOLE   369,069 0 0
Diebold Inc. COM 253651103 13,939 422,268 SH   SOLE   422,268 0 0
Du Pont (E.I.) De Nemours COM 263534109 8,921 137,306 SH   SOLE   137,306 0 0
Dover Corp. COM 260003108 4,429 45,878 SH   SOLE   45,878 0 0
Amdocs Ltd. COM G02602103 10,585 256,677 SH   SOLE   256,677 0 0
Devon Energy Corp. COM 25179M103 7,784 125,814 SH   SOLE   125,814 0 0
Dreamworks Animation COM 26153C103 2,805 79,026 SH   SOLE   79,026 0 0
Emerson Electric Co. COM 291011104 2,220 31,640 SH   SOLE   31,640 0 0
Exelon Corp. COM 30161N101 5,162 188,480 SH   SOLE   188,480 0 0
Ford Motor Co. COM 345370860 6,337 410,680 SH   SOLE   410,680 0 0
Freeport-McMoRan Copper & Gold Inc. COM 35671D857 26,146 692,782 SH   SOLE   692,782 0 0
F.N.B. Corp. COM 302520101 4,923 390,100 SH   SOLE   390,100 0 0
Hasbro Inc. COM 418056107 4,478 81,398 SH   SOLE   81,398 0 0
Hancock Holding Co. COM 410120109 8,468 230,861 SH   SOLE   230,861 0 0
IBM COM 459200101 586 3,126 SH   SOLE   3,126 0 0
ICICI Bank Ltd. - ADR COM 45104G104 4,957 133,359 SH   SOLE   133,359 0 0
IShares S&P 500 Index Fund COM 464287200 576 3,100 SH   SOLE   3,100 0 0
Jabil Circuit Inc. COM 466313103 17,141 982,868 SH   SOLE   982,868 0 0
Johnson Controls Inc. COM 478366107 4,215 82,160 SH   SOLE   82,160 0 0
Johnson & Johnson COM 478160104 15,965 174,310 SH   SOLE   174,310 0 0
JPMorgan Chase & Co. COM 46625H100 261 4,471 SH   SOLE   4,471 0 0
Coca Cola Co. COM 191216100 3,872 93,720 SH   SOLE   93,720 0 0
Kraft Foods Group Inc. COM 50076Q106 993 18,418 SH   SOLE   18,418 0 0
KT Corp. - ADR COM 48268K101 3,947 265,417 SH   SOLE   265,417 0 0
Mondelez International Inc. COM 609207105 1,951 55,256 SH   SOLE   55,256 0 0
Medtronic Inc. COM 585055106 18,192 316,987 SH   SOLE   316,987 0 0
Metlife Inc. COM 59156R108 24,014 445,361 SH   SOLE   445,361 0 0
3M Co. COM 88579Y101 901 6,424 SH   SOLE   6,424 0 0
The Mosaic Co. COM 61945C103 20,042 423,981 SH   SOLE   423,981 0 0
Merck & Co. Inc. COM 58933Y105 13,903 277,789 SH   SOLE   277,789 0 0
Microsoft Corp. COM 594918104 21,634 577,988 SH   SOLE   577,988 0 0
M&T Bank Corp. COM 55261F104 5,080 43,631 SH   SOLE   43,631 0 0
Norfolk Southern Corp. COM 655844108 12,668 136,462 SH   SOLE   136,462 0 0
Novartis AG - ADR COM 66987V109 693 8,619 SH   SOLE   8,619 0 0
Newell Rubbermaid Inc. COM 651229106 8,154 251,574 SH   SOLE   251,574 0 0
Oracle Corp. COM 68389X105 8,122 212,274 SH   SOLE   212,274 0 0
Pfizer Inc. COM 717081103 214 6,993 SH   SOLE   6,993 0 0
Procter & Gamble Co. COM 742718109 860 10,563 SH   SOLE   10,563 0 0
PNC Financial Services Group Inc. COM 693475105 28,109 362,326 SH   SOLE   362,326 0 0
PPL Corp. COM 69351T106 17,403 578,354 SH   SOLE   578,354 0 0
Petrochina Co. Ltd. - ADR COM 71646E100 5,921 53,951 SH   SOLE   53,951 0 0
Prudential PLC - ADR COM 74435K204 4,302 95,611 SH   SOLE   95,611 0 0
Ryder System Inc. COM 783549108 20,645 279,817 SH   SOLE   279,817 0 0
Royal Dutch Shell PLC ADR A COM 780259206 3,910 54,867 SH   SOLE   54,867 0 0
Reinsurance Group of America COM 759351604 14,472 186,956 SH   SOLE   186,956 0 0
CIA Saneamento Basico De - ADR COM 20441A102 3,805 335,522 SH   SOLE   335,522 0 0
Select Medical Holdings Corp. COM 81619Q105 10,809 930,987 SH   SOLE   930,987 0 0
Shinhan Financial Group - ADR COM 824596100 2,851 62,386 SH   SOLE   62,386 0 0
Siemens AG-ADR COM 826197501 3,395 24,511 SH   SOLE   24,511 0 0
Smith & Nephew PLC - ADR COM 83175M205 3,669 51,147 SH   SOLE   51,147 0 0
Sanofi - ADR COM 80105N105 4,975 92,768 SH   SOLE   92,768 0 0
Sasol Ltd. - ADR COM 803866300 1,802 36,449 SH   SOLE   36,449 0 0
State Street Corp. COM 857477103 11,367 154,888 SH   SOLE   154,888 0 0
Stanley Black & Decker Inc. COM 854502101 6,893 85,430 SH   SOLE   85,430 0 0
Molson Coors Brewing Co. - B COM 60871R209 8,731 155,503 SH   SOLE   155,503 0 0
Teradata Corp. COM 88076W103 7,187 158,000 SH   SOLE   158,000 0 0
Tidewater Inc. COM 886423102 4,647 78,400 SH   SOLE   78,400 0 0
Teva Pharmaceutical - ADR COM 881624209 33,507 835,999 SH   SOLE   835,999 0 0
Toyota Motor Corp. - ADR COM 892331307 2,464 20,209 SH   SOLE   20,209 0 0
Tupperware Brands Corp. COM 899896104 11,543 122,106 SH   SOLE   122,106 0 0
U.S. Bancorp. COM 902973304 386 9,553 SH   SOLE   9,553 0 0
United Technologies Corp. COM 913017109 590 5,185 SH   SOLE   5,185 0 0
Telefonica Brasil SA - ADR COM 87936R106 8,213 427,336 SH   SOLE   427,336 0 0
Walgreen Co. COM 931422109 18,130 315,640 SH   SOLE   315,640 0 0
Wells Fargo Co. COM 949746101 337 7,421 SH   SOLE   7,421 0 0
Wal-Mart Stores Inc. COM 931142103 1,570 19,950 SH   SOLE   19,950 0 0
Exxon Mobil Corp. COM 30231G102 1,126 11,131 SH   SOLE   11,131 0 0