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
AbbVie Inc. COM 00287Y109 798 12,200 SH   SOLE   12,200 0 0
Abbott Laboratories COM 002824100 549 12,200 SH   SOLE   12,200 0 0
Abercombie & Fitch Co. Cl A COM 002896207 11,456 400,013 SH   SOLE   400,013 0 0
Apache Corp. COM 037411105 17,822 284,383 SH   SOLE   284,383 0 0
Avnet Inc. COM 053807103 16,213 376,880 SH   SOLE   376,880 0 0
Baxter International Inc. COM 071813109 24,731 337,438 SH   SOLE   337,438 0 0
Becton Dickinson & Co. COM 075887109 877 6,300 SH   SOLE   6,300 0 0
Bunge Ltd. COM G16962105 20,599 226,585 SH   SOLE   226,585 0 0
Baker Hughes Inc. COM 057224107 2,272 40,516 SH   SOLE   40,516 0 0
Berkshire Hathaway Inc. CL B COM 084670702 2,451 16,323 SH   SOLE   16,323 0 0
Conagra Foods Inc. COM 205887102 37,562 1,035,341 SH   SOLE   1,035,341 0 0
Cardinal Health Inc. COM 14149Y108 8,095 100,272 SH   SOLE   100,272 0 0
Cia Cervecerias Unidas - ADR COM 204429104 4,767 256,989 SH   SOLE   256,989 0 0
Check Point Software Technologies Ltd. COM M22465104 17,360 220,945 SH   SOLE   220,945 0 0
China Mobile HK Ltd. - ADR COM 16941M109 610 10,373 SH   SOLE   10,373 0 0
Comerica Inc. COM 200340107 226 4,820 SH   SOLE   4,820 0 0
Coach Inc. COM 189754104 8,000 212,995 SH   SOLE   212,995 0 0
ConocoPhillips COM 20825C104 9,290 134,514 SH   SOLE   134,514 0 0
Covidien PLC COM G2554F113 16,189 158,286 SH   SOLE   158,286 0 0
CSX Corporation COM 126408103 8,047 222,118 SH   SOLE   222,118 0 0
Diebold Inc. COM 253651103 7,799 225,134 SH   SOLE   225,134 0 0
Amdocs Ltd. COM G02602103 6,656 142,669 SH   SOLE   142,669 0 0
Devon Energy Corp. COM 25179M103 5,151 84,152 SH   SOLE   84,152 0 0
Ford Motor Co. COM 345370860 4,969 320,569 SH   SOLE   320,569 0 0
Freeport-McMoRan Copper & Gold Inc. COM 35671D857 17,022 728,691 SH   SOLE   728,691 0 0
F.N.B. Corp. COM 302520101 4,351 326,662 SH   SOLE   326,662 0 0
Hancock Holding Co. COM 410120109 7,923 258,063 SH   SOLE   258,063 0 0
IBM COM 459200101 502 3,126 SH   SOLE   3,126 0 0
ICICI Bank Ltd. - ADR COM 45104G104 2,913 252,237 SH   SOLE   252,237 0 0
Israel Chemicals Ltd. COM M5920A109 12,352 1,703,719 SH   SOLE   1,703,719 0 0
IShares S&P 500 Index Fund COM 464287200 641 3,100 SH   SOLE   3,100 0 0
Jabil Circuit Inc. COM 466313103 4,410 202,038 SH   SOLE   202,038 0 0
Johnson Controls Inc. COM 478366107 15,146 313,328 SH   SOLE   313,328 0 0
Johnson & Johnson COM 478160104 15,875 151,815 SH   SOLE   151,815 0 0
JPMorgan Chase & Co. COM 46625H100 280 4,471 SH   SOLE   4,471 0 0
Knowles Corp. COM 49926D109 8,913 378,478 SH   SOLE   378,478 0 0
Coca Cola Co. COM 191216100 3,957 93,720 SH   SOLE   93,720 0 0
Kraft Foods Group Inc. COM 50076Q106 1,154 18,418 SH   SOLE   18,418 0 0
KT Corp. - ADR COM 48268K101 7,588 537,379 SH   SOLE   537,379 0 0
Mattel Inc. COM 577081102 14,354 463,869 SH   SOLE   463,869 0 0
Mondelez International Inc. COM 609207105 2,007 55,256 SH   SOLE   55,256 0 0
Medtronic Inc. COM 585055106 27,767 384,589 SH   SOLE   384,589 0 0
Metlife Inc. COM 59156R108 23,800 440,014 SH   SOLE   440,014 0 0
3M Co. COM 88579Y101 840 5,114 SH   SOLE   5,114 0 0
The Mosaic Co. COM 61945C103 17,462 382,517 SH   SOLE   382,517 0 0
Merck & Co. Inc. COM 58933Y105 9,150 161,112 SH   SOLE   161,112 0 0
Microsoft Corp. COM 594918104 23,431 504,431 SH   SOLE   504,431 0 0
M&T Bank Corp. COM 55261F104 4,211 33,524 SH   SOLE   33,524 0 0
Norfolk Southern Corp. COM 655844108 8,119 74,075 SH   SOLE   74,075 0 0
Novartis AG - ADR COM 66987V109 751 8,100 SH   SOLE   8,100 0 0
Oracle Corp. COM 68389X105 5,316 118,215 SH   SOLE   118,215 0 0
Pfizer Inc. COM 717081103 16,795 539,181 SH   SOLE   539,181 0 0
Procter & Gamble Co. COM 742718109 782 8,583 SH   SOLE   8,583 0 0
PNC Financial Services Group Inc. COM 693475105 29,523 323,614 SH   SOLE   323,614 0 0
PPL Corp. COM 69351T106 13,489 371,297 SH   SOLE   371,297 0 0
Petrochina Co. Ltd. - ADR COM 71646E100 5,855 52,765 SH   SOLE   52,765 0 0
Royal Dutch Shell PLC ADR A COM 780259206 4,107 61,351 SH   SOLE   61,351 0 0
Reinsurance Group of America COM 759351604 11,969 136,596 SH   SOLE   136,596 0 0
Select Medical Holdings Corp. COM 81619Q105 12,114 841,282 SH   SOLE   841,282 0 0
Sumitomo MITSUI-SPONS ADR COM 86562M209 3,663 503,201 SH   SOLE   503,201 0 0
Sanofi - ADR COM 80105N105 5,179 113,547 SH   SOLE   113,547 0 0
Sasol Ltd. - ADR COM 803866300 904 23,809 SH   SOLE   23,809 0 0
State Street Corp. COM 857477103 16,934 215,726 SH   SOLE   215,726 0 0
Stanley Black & Decker Inc. COM 854502101 4,055 42,206 SH   SOLE   42,206 0 0
Molson Coors Brewing Co. - B COM 60871R209 5,347 71,751 SH   SOLE   71,751 0 0
Tidewater Inc. COM 886423102 14,280 440,601 SH   SOLE   440,601 0 0
Teva Pharmaceutical - ADR COM 881624209 20,915 626,002 SH   SOLE   626,002 0 0
Tupperware Brands Corp. COM 899896104 12,776 202,787 SH   SOLE   202,787 0 0
U.S. Bancorp. COM 902973304 365 8,123 SH   SOLE   8,123 0 0
United Technologies Corp. COM 913017109 596 5,185 SH   SOLE   5,185 0 0
Telefonica Brasil SA - ADR COM 87936R106 686 38,812 SH   SOLE   38,812 0 0
Verizon Communications Inc. COM 92343V104 23,142 494,691 SH   SOLE   494,691 0 0
Walgreen Co. COM 931422109 20,931 275,224 SH   SOLE   275,224 0 0
Wells Fargo Co. COM 949746101 346 6,311 SH   SOLE   6,311 0 0
Wal-Mart Stores Inc. COM 931142103 1,713 19,950 SH   SOLE   19,950 0 0
Exxon Mobil Corp. COM 30231G102 856 9,257 SH   SOLE   9,257 0 0