8/31/09 Dow Closes 9496.28 down 47.92 down 0.5%

The following is not intended as advertising by a broker-dealer and is not a research report.

Post #83 The following is brought to you by Intellivest Securities Research, Inc. The following is not intended as advertising by a broker-dealer and is not a research report. Towards the end of this Blog is an update of the Dow 30's most recent SEC filings.

The Dow Jones Industrial Average closed Monday at 9496.28 down 47.92 or 0.5% from Friday's close of 9544.2. Of the 30 Dow Companies: 11 gained and 19 declined with the biggest loser being Caterpillar CAT $45.31 -1.40 3% 10,363,695 NYSE and the biggest gainer being JPMorgan Chase JPM $43.46 +0.54 1.26% 30,414,152 NYSE.

The current divisor for the Dow found at today's page C4 of The Wall St. Jrnl is .132319125 unchanged.

Monday's Dow Jones Industrial Average closing numerator was 1256.54 down 6.34 from Friday's closing Dow numerator of 1262.88. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor.

Now, if you divide the Dow numerator decrease for today of 6.34 by the divisor you get 47.92, the decrease in Monday's Dow close.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was 41.88 down 0.22 from Friday's Dow Jones Industrial Average closing price of 42.10. The median closing price of Monday's Dow Jones Industrial Average was 38.64 up 0.06 from Friday's Dow Jones median closing price of 38.58.

The highest closing price Monday again was IBM $118.05 -0.17 0.14% 5,189,293 NYSE and the lowest closing price Monday again was Alcoa AA $12.05 -0.45 3.6% 22,391,162 NYSE.

The lowest volume Monday was MMM $72.1 +0.18 0.25% 3,333,598 NYSE and the highest volume again was BAC $17.59 -0.39 2.17% 152,618,118 NYSE.

If Monday morning before the market opened you had purchased $100 of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have lost $660
($126,300 - 125,640)

Monday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market

T $26.05 -0.16 0.61% 24,152,204 NYSE
AA $12.05 -0.45 3.6% 22,391,162 NYSE
AXP $33.82 -0.42 1.23% 9,498,194 NYSE
BAC $17.59 -0.39 2.17% 152,618,118 NYSE
BA $49.67 -1.37 2.68% 9,151,791 NYSE
CAT $45.31 -1.40 3% 10,363,695 NYSE
CVX $69.94 -0.74 1.05% 7,730,101 NYSE
CSCO $21.6- 0.40 1.82% 29,700,571 NASDAQ-GS
KO $48.77 -0.29 0.59% 10,308,011 NYSE
DD $31.93 -0.63 1.93% 6,563,184 NYSE
DIS $26.04 -0.80 2.98% 29,072,762 NYSE
XOM $69.15 -0.97 1.38% 23,472,674 NYSE
GE $13.9 -0.18 1.28% 65,930,048 NYSE
HPQ $44.89 +0.13 0.29% 12,519,913 NYSE
HD $27.29 -0.40 1.44% 12,837,737 NYSE
INTC $20.32 +0.07 0.35% 52,076,042 NASDAQ-GS
IBM $118.05 -0.17 0.14% 5,189,293 NYSE
JPM $43.46 +0.54 1.26% 30,414,152 NYSE
JNJ $60.44 +0.15 0.25% 9,843,024 NYSE
KFT $28.35 +0.01 0.04% 5,319,009 NYSE
MCD $56.24 +0.17 0.3% 7,705,280 NYSE
MRK $32.43 +0.11 0.34% 12,691,969 NYSE
MSFT $24.65 -0.03 0.12% 48,049,297 NASDAQ-GS
PFE $16.7 -0.11 0.65% 34,832,157 NYSE
PG $54.11 +0.92 1.73% 15,241,045 NYSE
MMM $72.1 +0.18 0.25% 3,333,598 NYSE
TRV $50.42 +0.81 1.63% 5,585,037 NYSE
UTX $59.36 -0.28 0.47% 3,745,309 NYSE
VZ $31.04 +0.02 0.06% 12,379,345 NYSE
WMT $50.87 -0.26 0.51% 17,204,773 NYSE

Here are the latest SEC filings as of 8/24/09 other than ownership filings and, except for certain cases, I do not include third party shareholder proposals:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

T AT&T 8/17/09 8K annoucning a settlement with he Int'l Communications Works (IBEW) for a 3 year contract covering 8.900 employees in Illinois and Indiana subject to members' approval.
AA Alcoa 7/13/09 8K 2nd Quarter Earnings Results
AXP 8/17/09 8K furnishing owned and managed basis delinquency and write-off statistics for the lending portfolio of its U.S. Card Services (“USCS”) operating segment for the months ended May 31, June 30 and July 31, 2009.
BAC Bank of Am in addition to two 424 Prospectuses and a free writing prospectus regarding issuance of notes, on 8/21/09 8K BAC appointed Robert W. Scully to its board of directors and he is expected to serve on the Asset Quality and Compensation and Benefits Committees of the Board.
BA Boeing 7/28/09 8K On July 28, 2009, BA issued $750,000,000 in aggregate principal amount of 3.500% Senior Notes due 2015, $750,000,000 in aggregate principal amount of 4.875% Senior Notes due 2020 and $450,000,000 in aggregate principal amount of 5.875% Senior Notes due 2040.
CAT Caterpiller 8/20/09 8K CAT filed Reg FD information concerning deliveries to users for its Machinery and Engines lines of business.
CVX Chevron 8/5/09 10Q
CSCO Cisco 8/5/09 8K CSCO reported its results of operations for its fiscal fourth quarter and fiscal year 2009 ended July 25, 2009.
KO Coke 7/30/09 10Q
DIS Disney 7/30/09 10Q
DD DuPont 8/13/09 8K On 8/11/09 DD named Nicholas C. Fanandakis, age 53, Senior Vice President & Chief Financial Officer & Chief Executive effective September 1, 2009 with an increase in annual salary from $387,708 to $500,000 and target short-term incentive award for 2009 will increase from $328,500 to $464,100. Mr. Fanandakis was named to his current position, Group Vice President- Applied BioSciences, in January 2008. Prior to that, he was vice president and general manager- DuPont Chemical Solutions Enterprise from September 2003 through September 2006 and vice president- Corporate Plans from October 2006 through December 2007. Jeffrey L. Keefer, EVP and Chief Financial Officer, will remain EVP and transition from the position of Chief Financial Officer to assume leadership responsibility for the Company’s Performance Coatings business, corporate strategy development, Information Technology and overall cost and working capital productivity efforts effective November 1, 2009.
Richard R. Goodmanson, EVP and Chief Operating Officer has elected to retire from the Company effective September 30, 2009.
XOM Exxon 8/5/09 10Q
GE 8/4/09 8K GE reached a settlement with the SEC & consented to a judgment of a fine of $50 million relating to four accounting matters arising in 2002 - 2003: the application of SFAS 133 to GE’s since-discontinued commercial paper hedging program and, separately, to certain swap derivatives where fees were paid or received at inception; a change in accounting for profits on spare parts in the commercial aviation engine business; and certain year-end transactions in the Rail business.
HPQ Hewlett-Pack 8/18/09 8K re: release of 731/09 3Q results
HD Home Depot 8/18/09 8K re: release of July 31, 2009 3Q results & 8/21 Form ASR automatic shelf registration for debt securities
INTC Intel 8/3/09 10Q
IBM 7/28/09 10Q
JPM JPMorgan 8/25/09 Free Writing Prospectus relating to reverse convertible securities
JNJ Johnson 8/4/09 10Q
KFT Kraft 8/5/09 10Q
MCD McDonalds 8/11/09 re: press release "McDonald’s Reports Global Comparable Sales Up 4.3% in July"
MRK Merck 8/3/09 Sched 14A proxy material re: updated of acquisition of Schering-Plough
MSFT Microsoft 68/24/09 Securities to be offered to employees in employee benefit plans
PFE Pfizer 8/6/09 10Q
PG Procter Gam 8/25/09 424 Prospectus re: Notes due 2015
MMM 3M 8/5/09 3M contributed 8,329,862 shares of its common stock with a corresponding dollar value of approximately $600 million to its defined benefit pension plan, the 3M Employee Retirement Income Plan, made from treasury stock.
TRV Travelers 8/5/09 10Q/A Amended 10Q
UTX United Tech 7/24/09 10Q
VZ Verizon 7/30/09 10Q
WMT Wal-Mart 8/13/09 8K re 7/31/09 2Q report of earnings 0Q

Here are the CEOs of the Dow 30 Companies:

T Randall L. Stephenson
AA Klaus Kleinfeld
AXP Kenneth I. Chenault
BAC Kenneth D. Lewis
BA W. James McNerney, Jr.
CAT James W. Owens
CVX David O'Reilly
CSCO John Chambers
KO Muhtar Kent
DIS Rogert Iger
DD Nicholas C. Fanandakis replaces Ellen Kullman 9/1/09
XOM Rex W. Tillerson
GE Jeffrey R. Immelt
HPQ Mark Hurd
HD Frank Blake
INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPM Jamie Dimon
JNJ William C. Weldon
KFT Irene Rosenfeld
MCD Jim Skinner
MRK Robert Clark
MSFT Steve Ballmer
PFE Jeffrey Kindler
PG Bob McDonald
MMM George W. Buckley
TRV Jay S. Fishman
UTX Louis Chenevert
VZ Ivan Seidenberg
WMT Mike Duke

8/31/09 am Mon Newsday Rejects Ads by Verizon, Now a Rival

Post #82 The following is brought to you by Intellivest Securities Research, Inc. The following is not intended as advertising by a broker-dealer and is not a research report. Towards the end of the Blog you will find an update of the Dow Jones 30 company recent filings.

A read of Monday's 8/31/09 print editions of: Wall Street Journal, Financial Times, New York Times, Investors Business Daily, Atl Journal Const, USA Today and Sept issue of AARP Bulletin yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol and Tuesday's closing price and related data:

Dow: The Dow divisor at WSJ pC4 remains unchanged at 0.132319125. NYT B1 "Some Once-Bullish Analysts LSee an End to Market Rally" that asks if thestock market is ovepriced becasue stocks have risen 52% since reaching their March lows and said the Dow closed on Friday near its heighest levels of the year, up 45% from its March low.

AT&T T $26.21 -0.21 0.79% 21,997,644 NYSE: WSJ pC10 "eard on the Street - AT&T Gets a Fuzzy Signal on Apple's iPHone" says T's exclusive right to offer Apple's smart phone over the past 2 years has attracted enw customers and enhanced T's image but it is difficult to know whether those benefits are worth some considerable costs including regulators investigating exclusivity deals and only 40% of the 10 million activations of iphones sincd it became available in '07 were new customers.

AA $12.5 +0.10 0.81% 20,312,044 NYSE: No mentions found.

Amex AXP $34.24 +0.28 0.82% 10,696,189 NYSE: NYT pA1 "As BanksrepayBailout Money, US sees Profit - About $4 billion so Far" has a table of the returns made by the gov. as a result of the TARP bailout money which was used to buy warrants, AXP received $3.4bil, paid back $414 mil for a return of 23.4% to the gov, JPMorgan sold back its warrants for which the gov paid $25 Bil with a profit of $2 bil for a profit of 13.3% and Bofam hasn't paid back its $45 bil yet but on paper BAC owes the gov $14 bil for an annual yeild of 47%. Similar story at Fin Times p3.

Bank of Am BAC $17.98 +0.06 0.33% 187,222,689 NYSE: NYT pA1 "As BanksrepayBailout Money, US sees Profit - About $4 billion so Far" has a table of the returns made by the gov. as a result of the TARP bailout money which was used to buy warrants, AXP received $3.4bil, paid back $414 mil for a return of 23.4% to the gov, JPMorgan sold back its warrants for which the gov paid $25 Bil with a profit of $2 bil for a profit of 13.3% and Bofam hasn't paid back its $45 bil yet but on paper BAC owes the gov $14 bil for an annual yeild of 47%. Similar story at Fin Times p3.

Meanwhile, WSJ pA1 "Raft of Deals for Failed Banks Puts US on Hook for Billions" that says while the Treasury Dept's $700 billion Troubled Asset Relief Program went to big banks such as BAC, it was also buying up $80 billion in loans and other assets from other troubled banks that the US will lose money on.

AARP has a story "Scam Alert - Unsolicited offers can lead to big bills in your mailbox" focuses on an alleged Bank of America auto insurance program sold by a third party vendor that was deducting $18.95 each month from a 98 year old woman who didn't even own a car.

Boeing BA $51.04 -0.78 1.51% 11,450,057 NYSE: WSJ pC1, As Disposals Slow at AIG, ILFC Chief Makes Pitch" says the ehad of AIG's aircraft leasing business is in talks to buy a pice of the unit. Steven Udvar-Hazy, chairman and ceo of Linernational Lease Finance Ckorpo. is trying to buy about $2 bill of ILFC's aircraft portfolio. ILFC is the world's largest aircraft lessor by fleet value and the largest customer for both Boeing and Airbus. ILFC's attrachtion to buyers was the strength of management and a scale that is matched only by the Gecas unit of GE, that secured the best purchase price and terms from Airbus and BA. Similar story at Fin Times p11.

Caterpillar CAT $46.71 -0.37 0.79% 7,562,470 NYSE: WSJ pC10 "Drug managers Should Keep Their health" says that deals bdirect deals between large companeis and drug stores, such as Walgreen's and Caterpillar's, won't threaten pharmacy benefit managers because CAT will keep its benefit manager to handle rebate negotiations.

CVX $70.68 -0.32 0.45% 7,279,791 NYSE: No mentions found.

CSCO $22 +0.12 0.55% 35,876,840 NASDAQ-GS: No mentions found.

KO $49.06 -0.38 0.77% 6,826,159 NYSE: No mentions found.

DD $32.56 +0.23 0.71% 6,471,222 NYSE: No mentions found.

DIS $26.84 -0.17 0.63% 9,229,411 NYSE: No mentions found.

XOM $70.12 -0.74 1.04% 17,654,968 NYSE: No mentions found.

GE $14.08 -0.11 0.78% 73,570,478 NYSE: WSJ pB1 "Wind Farms Set Wall Street Aflutter" mentions GE's Energy Financial Services division which has been a major financie of financing wind farms.

WSJ pC1, As Disposals Slow at AIG, ILFC Chief Makes Pitch" says the ehad of AIG's aircraft leasing business is in talks to buy a pice of the unit. Steven Udvar-Hazy, chairman and ceo of Linernational Lease Finance Ckorpo. is trying to buy about $2 bill of ILFC's aircraft portfolio. ILFC is the world's largest aircraft lessor by fleet value and the largest customer for both Boeing and Airbus. ILFC's attrachtion to buyers was the strength of management and a scale that is matched only by the Gecas unit of GE, that secured the best purchase price and terms from Airbus and BA.Similar story at Fin Times p11.

HPQ $44.76 -0.05 0.11% 19,534,247 NYSE: No mentions found.

HD $27.69 +0.14 0.51% 12,806,127 NYSE: No mentions found.

Intel INTC $20.25 +0.78 4.01% 104,941,771 NASDAQ-GS: WSJ pC9, "Options Report - Intel Outlook Spurs Chip Activity - Bulls Place Their Bets on Advanced Micro Devices, SanDisk and Nvidia" says the options market played host to robust activity in chip makers on Fri. after INTC raised its forecast on third quarter sales.

IBD pA1 "Intel Hikes Outlook In The Latest Sign Of a Tech Reovery" says INTC's shares rose 4% to nearly a 52 week high although some urge caution.

IBM $118.22 -1.21 1.01% 6,209,889 NYSE: IBD pA5, "SAP Is Company At Crossroads As Huge Rivals Line Its Horizon" says Oracle, IBM and MSFT have aggressively built big platforms to attach SAP's market. Story says SAP may eventually be sold to a company such as IBM or MSFT.

JPMorgan Chase JPM $42.92 -0.53 1.22% 27,092,089 NYSE: NYT pA1 "As BanksrepayBailout Money, US sees Profit - About $4 billion so Far" has a table of the returns made by the gov. as a result of the TARP bailout money which was used to buy warrants, AXP received $3.4bil, paid back $414 mil for a return of 23.4% to the gov, JPMorgan sold back its warrants for which the gov paid $25 Bil with a profit of $2 bil for a profit of 13.3% and Bofam hasn't paid back its $45 bil yet but on paper BAC owes the gov $14 bil for an annual yeild of 47%. Similar story at Fin Times p3.

WSJ pB1 "Paper Owner Freedom Plans to File For Cahpter 11" says Freedom Communications Inc. the owner of the Orange county Register is expected to file bankruptcy this week. Its lenders hold $770 mil in debt and include JPMorgan Chase.

Johnson & Johnson JNJ $60.29 -0.20 0.33% 10,869,444 NYSE: WSJ pB2 "New Blood thinner Matches Warfarin" says a blood thinner being developed by Boehringer Ingleheim GmbH proved to be at lest as effective as the workhorse heart drug warfarin in a trial est that could help usher in a new era for stroke prevention for patients with atrial fibrillation. There are other companies trying to develop an altenative to warfarin which is marketed by Bristol-Myers Squibb as Coumadin and available in generic vesions. JNJ and Bayer's Xarelto is trying to find an product to rival warfarin; Bristol-Myers and Pfizer are codeveloping apixaban and Merck recently joined fores with Portola to develop betrixaban.
KFT $28.34 -0.08 0.28% 5,953,786 NYSE
MCD $56.07 -1.09 1.91% 8,662,629 NYSE

Merck MRK $32.32 -0.55 1.67% 12,049,972 NYSE: WSJ pB2 "New Blood thinner Matches Warfarin" says a blood thinner being developed by Boehringer Ingleheim GmbH proved to be at lest as effective as the workhorse heart drug warfarin in a trial est that could help usher in a new era for stroke prevention for patients with atrial fibrillation. There are other companies trying to develop an altenative to warfarin which is marketed by Bristol-Myers Squibb as Coumadin and available in generic vesions. JNJ and Bayer's Xarelto is trying to find an product to rival warfarin; Bristol-Myers and Pfizer are codeveloping apixaban and Merck recently joined fores with Portola to develop betrixaban.

Microsoft MSFT $24.68 -0.01 0.04% 55,640,970 NASDAQ-GS: NYT B1 "A Hired Gun for Microsfot, In Dogged Pursuit of Google" profiles Qi Lu who for nearly a decade played a key role in building Yahoo's Internet search and advertising technologies. He left Yahoo 14 months ago to lead the charge against Google for MSFT.

NYT pB4 "Challenging Microsoft With a New Technology" says MSFT's No. rival is Google, but a strong candidate for No. 2 is VMware becasue it could potentially undermine the dominance of MSFT's most lucrative products, desktop software andoeprating systems. VMware is the leader in so called virtual machinesoftware, which allows a coputer to run two or mroe operating systems at once. Its software resides on top of the hardware and beneath the opeating system.

IBD pA5, "SAP Is Company At Crossroads As Huge Rivals Line Its Horizon" says Oracle, IBM and MSFT have aggressively built big platforms to attach SAP's market. Story says SAP may eventually be sold to a company such as IBM or MSFT.

Pfizer PFE $16.81 -0.05 0.3% 33,384,351 NYSE: WSJ pB2 "New Blood thinner Matches Warfarin" says a blood thinner being developed by Boehringer Ingleheim GmbH proved to be at lest as effective as the workhorse heart drug warfarin in a trial est that could help usher in a new era for stroke prevention for patients with atrial fibrillation. There are other companies trying to develop an altenative to warfarin which is marketed by Bristol-Myers Squibb as Coumadin and available in generic vesions. JNJ and Bayer's Xarelto is trying to find an product to rival warfarin; Bristol-Myers and Pfizer are codeveloping apixaban and Merck recently joined fores with Portola to develop betrixaban.

Procter & Gamble PG $53.19 +0.13 0.25% 8,948,196 NYSE: WSJ pB4 "Advertising - Hearst Signs On in Beauty Contest - New site Aims to Attract Ads From Cosmetics, Hair-Care Firms" says Hearst hopes a new Web site will pull in advertisers. There is such a website now called Allure that features PG's brands such as herbal Essences hair care line.

MMM $71.92 +0.29 0.4% 3,488,085 NYSE

TRV $49.61 +0.41 0.83% 3,810,917 NYSE

UTX $59.64 -0.37 0.62% 3,835,157 NYSE

Verizon VZ $31.02 -0.03 0.1% 13,760,684 NYSE: NYT pB5, "Newsday Rejects Ads By Verizon, ow a Rival" says that Newsday has turned away VZ, a steady, lucrative customer that is also a direct competitor of the paper's parent company, Cablevision.

WMT $51.13 -0.11 0.21% 14,768,415 NYSE

Here are the latest SEC filings as of 8/24/09 other than ownership filings and, except for certain cases, I do not include third party shareholder proposals:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

T AT&T 8/17/09 8K annoucning a settlement with he Int'l Communications Works (IBEW) for a 3 year contract covering 8.900 employees in Illinois and Indiana subject to members' approval.
AA Alcoa 7/13/09 8K 2nd Quarter Earnings Results
AXP 8/17/09 8K furnishing owned and managed basis delinquency and write-off statistics for the lending portfolio of its U.S. Card Services (“USCS”) operating segment for the months ended May 31, June 30 and July 31, 2009.
BAC Bank of Am in addition to two 424 Prospectuses and a free writing prospectus regarding issuance of notes, on 8/21/09 8K BAC appointed Robert W. Scully to its board of directors and he is expected to serve on the Asset Quality and Compensation and Benefits Committees of the Board.
BA Boeing 7/28/09 8K On July 28, 2009, BA issued $750,000,000 in aggregate principal amount of 3.500% Senior Notes due 2015, $750,000,000 in aggregate principal amount of 4.875% Senior Notes due 2020 and $450,000,000 in aggregate principal amount of 5.875% Senior Notes due 2040.
CAT Caterpiller 8/20/09 8K CAT filed Reg FD information concerning deliveries to users for its Machinery and Engines lines of business.
CVX Chevron 8/5/09 10Q
CSCO Cisco 8/5/09 8K CSCO reported its results of operations for its fiscal fourth quarter and fiscal year 2009 ended July 25, 2009.
KO Coke 7/30/09 10Q
DIS Disney 7/30/09 10Q
DD DuPont 8/13/09 8K On 8/11/09 DD named Nicholas C. Fanandakis, age 53, Senior Vice President & Chief Financial Officer & Chief Executive effective September 1, 2009 with an increase in annual salary from $387,708 to $500,000 and target short-term incentive award for 2009 will increase from $328,500 to $464,100. Mr. Fanandakis was named to his current position, Group Vice President- Applied BioSciences, in January 2008. Prior to that, he was vice president and general manager- DuPont Chemical Solutions Enterprise from September 2003 through September 2006 and vice president- Corporate Plans from October 2006 through December 2007. Jeffrey L. Keefer, EVP and Chief Financial Officer, will remain EVP and transition from the position of Chief Financial Officer to assume leadership responsibility for the Company’s Performance Coatings business, corporate strategy development, Information Technology and overall cost and working capital productivity efforts effective November 1, 2009.
Richard R. Goodmanson, EVP and Chief Operating Officer has elected to retire from the Company effective September 30, 2009.
XOM Exxon 8/5/09 10Q
GE 8/4/09 8K GE reached a settlement with the SEC & consented to a judgment of a fine of $50 million relating to four accounting matters arising in 2002 - 2003: the application of SFAS 133 to GE’s since-discontinued commercial paper hedging program and, separately, to certain swap derivatives where fees were paid or received at inception; a change in accounting for profits on spare parts in the commercial aviation engine business; and certain year-end transactions in the Rail business.
HPQ Hewlett-Pack 8/18/09 8K re: release of 731/09 3Q results
HD Home Depot 8/18/09 8K re: release of July 31, 2009 3Q results & 8/21 Form ASR automatic shelf registration for debt securities
INTC Intel 8/3/09 10Q
IBM 7/28/09 10Q
JPM JPMorgan 8/25/09 Free Writing Prospectus relating to reverse convertible securities
JNJ Johnson 8/4/09 10Q
KFT Kraft 8/5/09 10Q
MCD McDonalds 8/11/09 re: press release "McDonald’s Reports Global Comparable Sales Up 4.3% in July"
MRK Merck 8/3/09 Sched 14A proxy material re: updated of acquisition of Schering-Plough
MSFT Microsoft 68/24/09 Securities to be offered to employees in employee benefit plans
PFE Pfizer 8/6/09 10Q
PG Procter Gam 8/25/09 424 Prospectus re: Notes due 2015
MMM 3M 8/5/09 3M contributed 8,329,862 shares of its common stock with a corresponding dollar value of approximately $600 million to its defined benefit pension plan, the 3M Employee Retirement Income Plan, made from treasury stock.
TRV Travelers 8/5/09 10Q/A Amended 10Q
UTX United Tech 7/24/09 10Q
VZ Verizon 7/30/09 10Q
WMT Wal-Mart 8/13/09 8K re 7/31/09 2Q report of earnings 0Q

Here are the CEOs of the Dow 30 Companies:

T Randall L. Stephenson
AA Klaus Kleinfeld
AXP Kenneth I. Chenault
BAC Kenneth D. Lewis
BA W. James McNerney, Jr.
CAT James W. Owens
CVX David O'Reilly
CSCO John Chambers
KO Muhtar Kent
DIS Rogert Iger
DD Nicholas C. Fanandakis replaces Ellen Kullman 9/1/09
XOM Rex W. Tillerson
GE Jeffrey R. Immelt
HPQ Mark Hurd
HD Frank Blake
INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPM Jamie Dimon
JNJ William C. Weldon
KFT Irene Rosenfeld
MCD Jim Skinner
MRK Robert Clark
MSFT Steve Ballmer
PFE Jeffrey Kindler
PG Bob McDonald
MMM George W. Buckley
TRV Jay S. Fishman
UTX Louis Chenevert
VZ Ivan Seidenberg
WMT Mike Duke

8/30/09 Sun Bank of Am Securities sued for naked short sales of Taser

Post #81 The following is brought to you by Intellivest Securities Research, Inc. The following is not intended as advertising by a broker-dealer and is not a research report. Towards the end of the Blog you will find an update of the Dow Jones 30 company recent filings with the SEC.

The Dow Jones Industrial Average closed Friday at 9544.2 down 36.43 or 0.38% from Thursday's close of 9580.63. Of the 30 Dow Companies: 10 gained and 20 declined with the biggest loser being IBM $118.22 -1.21 1.01% 6,209,889 NYSE and the biggest gainer being INTEL INTC $20.25 +0.78 4.01% 104,941,771 NASDAQ-GS. The Dow rose 1.1% for the week.

A read of Sunday's 8/30/09 print editions of: New York Times, Atl Journal Const, and 8/31/09 issue of Barron's yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol and Friday's closing price and related data:

AT&T T $26.21 -0.21 0.79% 21,997,644 NYSE: BRN's p31 "Still Dour About Dell, and DOA at Motorola" where author Eric J. Savitz says there really is no reason to be bullish on Dell. Dell awaits a pickup in PC that could result from new chips from Intel or the arrival of Microsoft's Windows 7 and Office 2010. However, Hewlett-Packard recently said it doesn't expect Windows 7 to be a big enough improvement over XP and Vista to spark a major refresh. Savitz alsosays Motrola's last hpe for reviving its fortunes may be in the smartphone sector and quotes MKM partners analyst Tero Kuittinen who says he thought Motorola would launch a family of 5 android based phones two each for AT&T and one for Verizon but says T pulled out and one of the two Verizon phones has been pushed out to '10.

AA $12.5 +0.10 0.81% 20,312,044 NYSE: No mentions found.

AXP $34.24 +0.28 0.82% 10,696,189 NYSE: No mentions found.

Bank of Am BAC $17.98 +0.06 0.33% 187,222,689 NYSE: AJC p1d "Taser investors sue banks" says shareholders of Taser filed a suit in Fulton County, Ga sate court against various banking cliaming the firms engaged in short sales of Taser stock that violated Georgia's securities and reacketeering laws. BAC Securities was one of the investment banks sued. The banks are accused of naked short selling causing the share prices for Taser to drop.

Brns p15 Michael Santoli says that companies like BAC, Citigroup, Fannie Mae, Freddie mac and AIG are said to be driving the surge in the stock market but he is skeptical because these companies have a combiend market value near $200 and the stock market is worth more than $10 trillion that has added another $1 trillion this month.

BRN's p19 "Say Adios to Citi, Hello to the Morgans" says JPM at 43 is trading 7.5 of estimated earnings of $5.70 a share and says JPM is in better shape than Citi with stronger management, better profits and a lack of gov ownership. It says Citigroup is trying to rivial its rivals, bAC, Boldman, JPM, Morgan and Wells, but Citi is smothered by its bad business entities and gov ownership.


Boeing BA $51.04 -0.78 1.51% 11,450,057 NYSE: BRN's says Boeing's 787 Dreamliner is set for its first test flight by year end. BRN's pM6 charts BA again mentioning the test flight.

CAT $46.71 -0.37 0.79% 7,562,470 NYSE: No mentions found.


Chevron CVX $70.68 -0.32 0.45% 7,279,791 NYSE: BRN's p23 "Drip, Dripping Away - Even afte the recession ends, the US gasoline market is unlikely to grow much, if at all. That's bad news for refiners focused on domestic sales" by Kpin Tan who says Americans are likely to keep paying more for gas and using less long after the current economic downturn is history but he says integrated oil giants lie ExxonMobil and Chevorn should do ok because their diversifified operations make them less dependent on any one market.

Cisco CSCO $22 +0.12 0.55% 35,876,840 NASDAQ-GS: BRN's p39 has a favorable story about Expeditors International and notes that among its customers are Cisco and Walmart.

Coke KO $49.06 -0.38 0.77% 6,826,159 NYSE: BRN's p42 has a letter to the editor from Martin Blumberg from Woodbury, NY who says that even though KO has been flat for the past 12 month, its business will improve because management has a great effervescent formula to get this country to pop and so on. Clever letter.

DD $32.56 +0.23 0.71% 6,471,222 NYSE: No mentions found.

Disney DIS $26.84 -0.17 0.63% 9,229,411 NYSE: BRNs p 20 says A&E TV Networks' Walt Disney, Hearst and GE are buying Lifetime Entertainment.

ExxonMobil XOM $70.12 -0.74 1.04% 17,654,968 NYSE: BRN's p23 "Drip, Dripping Away - Even afte the recession ends, the US gasoline market is unlikely to grow much, if at all. That's bad news for refiners focused on domestic sales" by Kpin Tan who says Americans are likely to keep paying more for gas and using less long after the current economic downturn is history but he says integrated oil giants lie ExxonMobil and Chevorn should do ok because their diversifified operations make them less dependent on any one market.

GE $14.08 -0.11 0.78% 73,570,478 NYSE: BRNs p 20 says A&E TV Networks' Walt Disney, Hearst and GE are buying Lifetime Entertainment.

Hewlett-Packard HPQ $44.76 -0.05 0.11% 19,534,247 NYSE: BRN's p31 "Still Dour About Dell, and DOA at Motorola" where author Eric J. Savitz says there really is no reason to be bullish on Dell. Dell awaits a pickup in PC that could result from new chips from Intel or the arrival of Microsoft's Windows 7 and Office 2010. However, Hewlett-Packard recently said it doesn't expect Windows 7 to be a big enough improvement over XP and Vista to spark a major refresh. Savitz alsosays Motrola's last hpe for reviving its fortunes may be in the smartphone sector and quotes MKM partners analyst Tero Kuittinen who says he thought Motorola would launch a family of 5 android based phones two each for AT&T and one for Verizon but says T pulled out and one of the two Verizon phones has been pushed out to '10.

Home Depot HD $27.69 +0.14 0.51% 12,806,127 NYSE: AJC pB1 "Staing one step ahead of storms - In dicey weather, Home Depot disaster boss keeps stores stocked" profiles Corky Martin, the Divisional Merchandise Manager/Hardware Dept who heads up HD's logistical efforts to keep its stores supplied as hurricanes approach the US coast. The story says HD has 1,978 bog box stores, 300,000 employees and more than $70 bil of annual sales.

Intel INTC $20.25 +0.78 4.01% 104,941,771 NASDAQ-GS: BRN's p31 "Still Dour About Dell, and DOA at Motorola" where author Eric J. Savitz says there really is no reason to be bullish on Dell. Dell awaits a pickup in PC that could result from new chips from Intel or the arrival of Microsoft's Windows 7 and Office 2010. However, Hewlett-Packard recently said it doesn't expect Windows 7 to be a big enough improvement over XP and Vista to spark a major refresh. Savitz alsosays Motrola's last hpe for reviving its fortunes may be in the smartphone sector and quotes MKM partners analyst Tero Kuittinen who says he thought Motorola would launch a family of 5 android based phones two each for AT&T and one for Verizon but says T pulled out and one of the two Verizon phones has been pushed out to '10.

IBM $118.22 -1.21 1.01% 6,209,889 NYSE: No mentions found.

JPMorgan JPM $42.92 -0.53 1.22% 27,092,089 NYSE: BRN's p19 "Say Adios to Citi, Hello to the Morgans" says JPM at 43 is trading 7.5 of estimated earnings of $5.70 a share and says JPM is in better shape than Citi with stronger management, better profits and a lack of gov ownership. It says Citigroup is trying to rivial its rivals, bAC, Boldman, JPM, Morgan and Wells, but Citi is smothered by its bad business entities and gov ownership.

JNJ $60.29 -0.20 0.33% 10,869,444 NYSE: No mentions found.

KFT $28.34 -0.08 0.28% 5,953,786 NYSE: No mentions found.

MCD $56.07 -1.09 1.91% 8,662,629 NYSE: No mentions found.

Merck MRK $32.32 -0.55 1.67% 12,049,972 NYSE: BRN's pM6 charts Merck saying their shaes slid nearly 2% Friday on renewed worries over changes in the US helath care system.

Microsoft MSFT $24.68 -0.01 0.04% 55,640,970 NASDAQ-GS: NYT pBus1 lead story is about Microsoft's new ad campaign for Windows, created by Crispin Porter & Bogusky, the Miami agency known for its work for Mini Cooper and Burger King.

BRN's p31 "Still Dour About Dell, and DOA at Motorola" where author Eric J. Savitz says there really is no reason to be bullish on Dell. Dell awaits a pickup in PC that could result from new chips from Intel or the arrival of Microsoft's Windows 7 and Office 2010. However, Hewlett-Packard recently said it doesn't expect Windows 7 to be a big enough improvement over XP and Vista to spark a major refresh. Savitz alsosays Motrola's last hpe for reviving its fortunes may be in the smartphone sector and quotes MKM partners analyst Tero Kuittinen who says he thought Motorola would launch a family of 5 android based phones two each for AT&T and one for Verizon but says T pulled out and one of the two Verizon phones has been pushed out to '10.

PFE $16.81 -0.05 0.3% 33,384,351 NYSE: No mentions found.

PG $53.19 +0.13 0.25% 8,948,196 NYSE: No mentions found.

MMM $71.92 +0.29 0.4% 3,488,085 NYSE: No mentions found.

TRV $49.61 +0.41 0.83% 3,810,917 NYSE: No mentions found.

UTX $59.64 -0.37 0.62% 3,835,157 NYSE: No mentions found.

Verizon VZ $31.02 -0.03 0.1% 13,760,684 NYSEBRN's p31 "Still Dour About Dell, and DOA at Motorola" where author Eric J. Savitz says there really is no reason to be bullish on Dell. Dell awaits a pickup in PC that could result from new chips from Intel or the arrival of Microsoft's Windows 7 and Office 2010. However, Hewlett-Packard recently said it doesn't expect Windows 7 to be a big enough improvement over XP and Vista to spark a major refresh. Savitz alsosays Motrola's last hpe for reviving its fortunes may be in the smartphone sector and quotes MKM partners analyst Tero Kuittinen who says he thought Motorola would launch a family of 5 android based phones two each for AT&T and one for Verizon but says T pulled out and one of the two Verizon phones has been pushed out to '10.

Walmart WMT $51.13 -0.11 0.21% 14,768,415 NYSEBRN's p39 has a favorable story about Expeditors International and notes that among its customers are Cisco and Walmart.

BRN's p33 in a stroya bout natural gas autos says it will be large commercial shippers like Walmart and Pepsi that drive increased use of natural gas on the road.

Here are the latest SEC filings as of 8/24/09 other than ownership filings and, except for certain cases, I do not include third party shareholder proposals:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

T AT&T 8/17/09 8K annoucning a settlement with he Int'l Communications Works (IBEW) for a 3 year contract covering 8.900 employees in Illinois and Indiana subject to members' approval.
AA Alcoa 7/13/09 8K 2nd Quarter Earnings Results
AXP 8/17/09 8K furnishing owned and managed basis delinquency and write-off statistics for the lending portfolio of its U.S. Card Services (“USCS”) operating segment for the months ended May 31, June 30 and July 31, 2009.
BAC Bank of Am in addition to two 424 Prospectuses and a free writing prospectus regarding issuance of notes, on 8/21/09 8K BAC appointed Robert W. Scully to its board of directors and he is expected to serve on the Asset Quality and Compensation and Benefits Committees of the Board.
BA Boeing 7/28/09 8K On July 28, 2009, BA issued $750,000,000 in aggregate principal amount of 3.500% Senior Notes due 2015, $750,000,000 in aggregate principal amount of 4.875% Senior Notes due 2020 and $450,000,000 in aggregate principal amount of 5.875% Senior Notes due 2040.
CAT Caterpiller 8/20/09 8K CAT filed Reg FD information concerning deliveries to users for its Machinery and Engines lines of business.
CVX Chevron 8/5/09 10Q
CSCO Cisco 8/5/09 8K CSCO reported its results of operations for its fiscal fourth quarter and fiscal year 2009 ended July 25, 2009.
KO Coke 7/30/09 10Q
DIS Disney 7/30/09 10Q
DD DuPont 8/13/09 8K On 8/11/09 DD named Nicholas C. Fanandakis, age 53, Senior Vice President & Chief Financial Officer & Chief Executive effective September 1, 2009 with an increase in annual salary from $387,708 to $500,000 and target short-term incentive award for 2009 will increase from $328,500 to $464,100. Mr. Fanandakis was named to his current position, Group Vice President- Applied BioSciences, in January 2008. Prior to that, he was vice president and general manager- DuPont Chemical Solutions Enterprise from September 2003 through September 2006 and vice president- Corporate Plans from October 2006 through December 2007. Jeffrey L. Keefer, EVP and Chief Financial Officer, will remain EVP and transition from the position of Chief Financial Officer to assume leadership responsibility for the Company’s Performance Coatings business, corporate strategy development, Information Technology and overall cost and working capital productivity efforts effective November 1, 2009.
Richard R. Goodmanson, EVP and Chief Operating Officer has elected to retire from the Company effective September 30, 2009.
XOM Exxon 8/5/09 10Q
GE 8/4/09 8K GE reached a settlement with the SEC & consented to a judgment of a fine of $50 million relating to four accounting matters arising in 2002 - 2003: the application of SFAS 133 to GE’s since-discontinued commercial paper hedging program and, separately, to certain swap derivatives where fees were paid or received at inception; a change in accounting for profits on spare parts in the commercial aviation engine business; and certain year-end transactions in the Rail business.
HPQ Hewlett-Pack 8/18/09 8K re: release of 731/09 3Q results
HD Home Depot 8/18/09 8K re: release of July 31, 2009 3Q results & 8/21 Form ASR automatic shelf registration for debt securities
INTC Intel 8/3/09 10Q
IBM 7/28/09 10Q
JPM JPMorgan 8/25/09 Free Writing Prospectus relating to reverse convertible securities
JNJ Johnson 8/4/09 10Q
KFT Kraft 8/5/09 10Q
MCD McDonalds 8/11/09 re: press release "McDonald’s Reports Global Comparable Sales Up 4.3% in July"
MRK Merck 8/3/09 Sched 14A proxy material re: updated of acquisition of Schering-Plough
MSFT Microsoft 68/24/09 Securities to be offered to employees in employee benefit plans
PFE Pfizer 8/6/09 10Q
PG Procter Gam 8/25/09 424 Prospectus re: Notes due 2015
MMM 3M 8/5/09 3M contributed 8,329,862 shares of its common stock with a corresponding dollar value of approximately $600 million to its defined benefit pension plan, the 3M Employee Retirement Income Plan, made from treasury stock.
TRV Travelers 8/5/09 10Q/A Amended 10Q
UTX United Tech 7/24/09 10Q
VZ Verizon 7/30/09 10Q
WMT Wal-Mart 8/13/09 8K re 7/31/09 2Q report of earnings 0Q

Here are the CEOs of the Dow 30 Companies:

T Randall L. Stephenson
AA Klaus Kleinfeld
AXP Kenneth I. Chenault
BAC Kenneth D. Lewis
BA W. James McNerney, Jr.
CAT James W. Owens
CVX David O'Reilly
CSCO John Chambers
KO Muhtar Kent
DIS Rogert Iger
DD Nicholas C. Fanandakis replaces Ellen Kullman 9/1/09
XOM Rex W. Tillerson
GE Jeffrey R. Immelt
HPQ Mark Hurd
HD Frank Blake
INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPM Jamie Dimon
JNJ William C. Weldon
KFT Irene Rosenfeld
MCD Jim Skinner
MRK Robert Clark
MSFT Steve Ballmer
PFE Jeffrey Kindler
PG Bob McDonald
MMM George W. Buckley
TRV Jay S. Fishman
UTX Louis Chenevert
VZ Ivan Seidenberg
WMT Mike Duke

8/29/09 Intel Upgrades Forecast Due to Chip Demand

Post #80 The following is brought to you by Intellivest Securities Research, Inc. The following is not intended as advertising by a broker-dealer and is not a research report. Towards the end of the Blog you will find an update of the Dow Jones 30 company recent filings with the SEC which includes the news that DuPont has elected a new CEO effective, Nicholas C. Fanandakis who replaces Ellen Kullman effective 9/1/09, leaving only Kraft among the Dow 30 with a female CEO, Irene Rosenfeld.

The Dow Jones Industrial Average closed Friday at 9544.2 down 36.43 or 0.38% from Thursday's close of 9580.63. Of the 30 Dow Companies: 10 gained and 20 declined with the biggest loser being IBM $118.22 -1.21 1.01% 6,209,889 NYSE and the biggest gainer being INTEL INTC $20.25 +0.78 4.01% 104,941,771 NASDAQ-GS.

A read of Saturday's 8/28/09 print editions of: Wall Street Journal, New York Times, Atl Journal Const, and 9/7/09 issue of BusinessWeek yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol and Friday's closing price and related data:

Dow: WSJ pB1 "Dow Drops But Is Up Six Weeks Out of Seven" says stocks languished on Fri after gains earlier int he week, as a decline in thehealth care sector offset upbeat remarks from 2 tech gians - Intel and Dell after both companies issued optimistic sales forecasts.

WSJ pB3 "Large Stock Focus - Tiffany Rallies 11%; Dell, Intel Advance" says Despite jewelry retailer Tiffany boosting its full year earnings view and technology giants Dell and Intel making other upbeat comments, stocks were mostly lower Fri as economic data raised concerns about the state of the economy. Among the DJIA's worst performers were Merck, which dropped 0.55 or 1.7% and Boeing which fell 0.78 or 1.5%.

NYT pB7 "Stocks & Bonds - Markets Ae Mixed in Tepid Trading" says shares were mixed on Fri. after a weak consumer sentiment report offset positive news from bellwether tech companies like Intel and Dell.

The current divisor for the Dow found at today's page B4 (during the weeks it's at pC4) of The Wall St. Jrnl is .132319125 unchanged.

Friday's Dow Jones Industrial Average closing numerator was 1262.88 down 4.82 from Thursday's closing Dow numerator of 1267.70. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator decrease for today of 4.82 by the divisor you get 36.43, the decrease in Frisday's Dow close.

The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was 42.10 down 0.16 from Thursday's Dow Jones Industrial Average closing price of 42.26. The median closing price of Friday's Dow Jones Industrial Average was 38.58 down 0.13 from Thursday's Dow Jones median closing price of 38.71.

The highest closing price Friday again was IBM $118.22 -1.21 1.01% 6,209,889 NYSE and the lowest closing price Frisday again was Alcoa AA $12.5 +0.10 0.81% 20,312,044 NYSE.

The lowest volume Friday was MMM $71.92 +0.29 0.4% 3,488,085 NYSE and the highest volume again was BAC $17.98 +0.06 0.33% 187,222,689 NYSE.

If Friday morning before the market opened you had purchased $100 of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have lost $480
($126,780 - $126,300)

AT&T T $26.21 -0.21 0.79% 21,997,644 NYSE: WSJ pB1 "Court Lifts FCC Limits On Cable Companies" says a fed appeals corut tossed otu a FCC rule limiting cable companies to serving no more than 30% of US cable subscribers, citin increased competition in the pay tv market. The ct heavily criticized the FCC's efforts to justify the 30% limit, which the court had previously rejected in '01. This decision may have limited practical impact on the cable market but could make it harder nextyear for the FCC to justify new media ownership limits as it carries out a congressinally mandated review. After striking down the 30% cap in '01, the court told the FCC to examine it which the FCC did for 6 years until it adopted it again in '07 saying consumers would be harmed by allowing large cable oeprators to furtehr expand. Cable companies challenged the cap saying there is plenty of competition in the market from satellite TV and video services offered by companies such as AT&T and Verizon Communications Inc.

WSJ pA12 Letters to the editor has a letter from AT&T Mobility CEO Ralph De La Vega saying T played no role in Apple's decison about Google Voice, T is not stifling innovation , and US wireless customers pay the lowest rates in the idnsutrialzed world, and finally that T's collaboration with Apple rather than an improper arrangement between a carreir and an handsetmarker actually fosters competition all this in response to Andy Kessler's op ed pice 8/19 "why AT&T Killed Google Voice." randolph J.May, Pres of The Free State Foundation also has aletter defending teh service providers such as AT&T, Verizon and Compcast who he says have invested over $200 bill in building out wirelin and wireless broadband networks. Gregory Zulli has a letter sarcastically asks if Kessler wants Google to give free Web adertising to small business who don't want to pay, and finally Jeff Deneen says it is time for the FCC to keep the market open to encourage innovation and serve the public interst because he says all the traffic is data over an Internet protocol network, or it soon will be, and we need a fair price for the bandwidth and content. Voice services have subsidized the data services for most of the traditional carriers' entworks and recently the cable companies have been using TV to support data services.

BW p8 in a story about Amzon's ereader will a an Xmas rival from Sony's Reader Daily Edition to be sold for $399 ($100 more than the cheapest Kindle) and will connect to a wireless bookstore via AT&T's 3G network and let readers tap the 7 inch screen with a stylus or their finger to turn pages and take notes.

AA $12.5 +0.10 0.81% 20,312,044 NYSE: No mentions found.

Amex AXP $34.24 +0.28 0.82% 10,696,189 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companies: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.

Bank of America BAC $17.98 +0.06 0.33% 187,222,689 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.

Boeing BA $51.04 -0.78 1.51% 11,450,057 NYSE: WSJ pB3 "Large Stock Focus - Tiffany Rallies 11%; Dell, Intel Advance" says Despite jewelry retailer Tiffany boosting its full year earnings view and technology giants Dell and Intel making other upbeat comments, stocks were mostly lower Fri as economic data raised concerns about the state of the economy. Among the DJIA's worst performers were Merck, which dropped 0.55 or 1.7% and Boeing which fell 0.78 or 1.5%.

CAT $46.71 -0.37 0.79% 7,562,470 NYSE: No mentions found.

Chevron CVX $70.68 -0.32 0.45% 7,279,791 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.

Cisco CSCO $22 +0.12 0.55% 35,876,840 NASDAQ-G: BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.

KO $49.06 -0.38 0.77% 6,826,159 NYSE: No mentions found.

duPont DD $32.56 +0.23 0.71% 6,471,222 NYSE: BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.

DIS $26.84 -0.17 0.63% 9,229,411 NYSE: No mentions found.

ExxonMobil XOM $70.12 -0.74 1.04% 17,654,968 NYSE: AJC pA20 says a pair of elected officials in Tex are going after XOM for allegedly stuffing abandoned oil wells with piles of junk sludge and tools so other copanies could not drill in the same placed.

BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.

BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.

GE $14.08 -0.11 0.78% 73,570,478 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.

BW p46 profiles a behind the scenes power player, Lewis Kaden, and says E's then CEO Welch in '98 hired Kaden for his public policy experience.

Hewlett-Packard HPQ $44.76 -0.05 0.11% 19,534,247 NYSE: BW p22 in an article about CEO pay says Mark Hurd, CEO of HPQ made $42.5 million in '08 and noted that he laid off 6,000 workers in May and cut salaries by 5% to 15% of those not fired but sais HPQ's stock was up 22% this year vs about 14% for the S&P 500.

BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.

BW p41 "Big Blue's Global Lab" by Steve Hamm says in an historic break, IBM is making radical collaboration with outside partners an essential part of its reserch strategy. The article says other companies are experimenting with collaborative research such as Hewlett-Packard through its Inovation research Program and Procter & Gamble and Microsoft.

Home Depot HD $27.69 +0.14 0.51% 12,806,127 NYSE: BW p32 "Cash For Kitchen Clunkes" says the appliance stimulus programs isn't doing much. Reailers such as Home Depot and Lowe's have offered deep discounts on big ticket appliances lately, but with little impact. Shipments of washers, dryers, refrigerators, and ovens dropped 10% in '08 and are down 15% through July according to the Assoc. of Home Appliance Manufacturers.

Intel INTC $20.25 +0.78 4.01% 104,941,771 NASDAQ-GS: NYT pB4 "Intel, Upgrading Forecast, says Chip Demand Is Rising" says INTC raised its 3Q rev forecast above Wall Street's expecations citing strong demand for its chips and giving another signal that business is improving. INTC expects sales of $8.8 bil to $9.2 bil, up from $8.1 bil to $8.9 bil it forecast on July 4.

WSJ pA1 "Consumers Give Lift to Technology Sales" saying consumers are helping pull the tech sector out of one of the worst ever slumps, but says optimism is building that businesses may start spending and cites INTC boosting its 3Q rev forecast by 6%.

WSJ pB3 "Large Stock Focus - Tiffany Rallies 11%; Dell, Intel Advance" says Despite jewelry retailer Tiffany boosting its full year earnings view and technology giants Dell and Intel making other upbeat comments, stocks were mostly lower Fri as economic data raised concerns about the state of the economy. Among the DJIA's worst performers were Merck, which dropped 0.55 or 1.7% and Boeing which fell 0.78 or 1.5%.

WSJ pB1 "Dow Drops But Is Up Six Weeks Out of Seven" says stocks languished on Fri after gains earlier int he week, as a decline in thehealth care sector offset upbeat remarks from 2 tech gians - Intel and Dell after both companies issued optimistic sales forecasts.

NYT pB7 "Stocks & Bonds - Markets Ae Mixed in Tepid Trading" says shares were mixed on Fri. after a weak consumer sentiment report offset positive news from bellwether tech companies like Intel and Dell.

IBM $118.22 -1.21 1.01% 6,209,889 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.

BW p35 "A Radical Rethink of R&D" says that while the US still tops most global rankings for research and productivity, aggressive countries fom Asiaand Europeare closingthe gap. IBM has launched a major initiative to capitalize on the trend twoards the future of reseach transcending national boundaries and corporate walls. IBM is forming tieups with govs., univesities and copanies globally to harness new ideas and avenues of research.

BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.

BW p41 "Big Blue's Global Lab" by Steve Hamm says in an historic break, IBM is making radical collaboration with outside partners an essential part of its reserch strategy. The article says other companies are experimenting with collaborative research such as Hewlett-Packard through its Inovation research Program and Procter & Gamble and Microsoft.

JPMorgan JPM $42.92 -0.53 1.22% 27,092,089 NYSE: BW p26 in an article that asks whetehr banks are playing it too safe and they should leverage more and their capital cushions are a drag on profits names 8 banks with the thickest cushions or highest amount of capital including Amex with 9.60% of their assets being capital and JPMorgan Chase having 7.70% of their assets tied up in capital.

Johnson & Johnson JNJ $60.29 -0.20 0.33% 10,869,444 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.

BW p67 "On the Mend at J&J" says sales and earnings gains have been limping lately at JNJ but the stock is up from 46 in Marchto over 60, saying JNJU deserves a higher valuation based on its stable earnings growth and below average debt.

KFT $28.34 -0.08 0.28% 5,953,786 NYSE: No mentions found.

MCD $56.07 -1.09 1.91% 8,662,629 NYSE: No mentions found.

Merck MRK $32.32 -0.55 1.67% 12,049,972 NYSE: WSJ pB3 "Large Stock Focus - Tiffany Rallies 11%; Dell, Intel Advance" says Despite jewelry retailer Tiffany boosting its full year earnings view and technology giants Dell and Intel making other upbeat comments, stocks were mostly lower Fri as economic data raised concerns about the state of the economy. Among the DJIA's worst performers were Merck, which dropped 0.55 or 1.7% and Boeing which fell 0.78 or 1.5%.

BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.

BW p59 "Is Merck Overselling A Cancer Vaccine?" says on 9/9 the FDA advisory committee will consider whether MRK's Gardasil, given to girls to prevent cancer causing HPV shold be approved for use in boys, who can by HPV carriers. HPV is a main cause of cervical cancer. Sales of Gardasil were $1.4 bi last year but critics says that Merck has been overselling the vaccine's cancer beating power without having a full understanding of potential long term risk.

Microsoft MSFT $24.68 -0.01 0.04% 55,640,970 NASDAQ-GS: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.

BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.

BW p41 "Big Blue's Global Lab" by Steve Hamm says in an historic break, IBM is making radical collaboration with outside partners an essential part of its reserch strategy. The article says other companies are experimenting with collaborative research such as Hewlett-Packard through its Inovation research Program and Procter & Gamble and Microsoft. A sidebar article by Helen Waltes at p44 "Microsoft Reserch Keeps Draming Big" says thinkers at MSFT are free to let their minds wander and profiles Rick Rashid, head of MSFT's research arm who oversees 850 of the "brainiest people" in the tech industry.

BW p69 "Mac Relief for Microsfot UUsers" says Appl's snow Leopard has built in support for Microsoft Exchange and will make it easier for people in a MSFT work environment to eiteh use a Mac ont he job or to get their mail, contacts and calendar from a Mac at home.

PFE $16.81 -0.05 0.3% 33,384,351 NYSE: No mentions found.

Procter & Gamble PG $53.19 +0.13 0.25% 8,948,196 NYSE: AJC pA20 "P&G [ex] chief's pay falls as recession impacts sales" says former CEO's AG Lafley's pay fell 8% in his final year as CEO per an 8-K filed with the SEC showing Lafley got $23.5 mil for fiscal year ended 6/30.

BW p6 "P&G Unloads Drugs" reports that PG is selling its prescription drug biz for $3.1 bil to Warner Chilcott.

BW p41 "Big Blue's Global Lab" by Steve Hamm says in an historic break, IBM is making radical collaboration with outside partners an essential part of its reserch strategy. The article says other companies are experimenting with collaborative research such as Hewlett-Packard through its Inovation research Program and Procter & Gamble and Microsoft.

BW p71 in an article about media centrics by Jon Fine says the $2.8 bil spent on the Presidential election in '08 was still less than what Procter & Gamble alone spend on ads.

MMM $71.92 +0.29 0.4% 3,488,085 NYSE: No mentions found.

TRV $49.61 +0.41 0.83% 3,810,917 NYSE: No mentions found.

UTX $59.64 -0.37 0.62% 3,835,157 NYSE: No mentions found.

Verizon VZ $31.02 -0.03 0.1% 13,760,684 NYSE: WSJ pB1 "Court Lifts FCC Limits On Cable Companies" says a fed appeals corut tossed otu a FCC rule limiting cable companies to serving no more than 30% of US cable subscribers, citin increased competition in the pay tv market. The ct heavily criticized the FCC's efforts to justify the 30% limit, which the court had previously rejected in '01. This decision may have limited practical impact on the cable market but could make it harder nextyear for the FCC to justify new media ownership limits as it carries out a congressinally mandated review. After striking down the 30% cap in '01, the court told the FCC to examine it which the FCC did for 6 years until it adopted it again in '07 saying consumers would be harmed by allowing large cable oeprators to furtehr expand. Cable companies challenged the cap saying there is plenty of competition in the market from satellite TV and video services offered by companies such as AT&T and Verizon Communications Inc.

WSJ pA12 Letters to the editor has a letter from AT&T Mobility CEO Ralph De La Vega saying T played no role in Apple's decison about Google Voice, T is not stifling innovation , and US wireless customers pay the lowest rates in the idnsutrialzed world, and finally that T's collaboration with Apple rather than an improper arrangement between a carreir and an handsetmarker actually fosters competition all this in response to Andy Kessler's op ed pice 8/19 "why AT&T Killed Google Voice." randolph J.May, Pres of The Free State Foundation also has aletter defending teh service providers such as AT&T, Verizon and Compcast who he says have invested over $200 bill in building out wirelin and wireless broadband networks. Gregory Zulli has a letter sarcastically asks if Kessler wants Google to give free Web adertising to small business who don't want to pay, and finally Jeff Deneen says it is time for the FCC to keep the market open to encourage innovation and serve the public interst because he says all the traffic is data over an Internet protocol network, or it soon will be, and we need a fair price for the bandwidth and content. Voice services have subsidized the data services for most of the traditional carriers' entworks and recently the cable companies have been using TV to support data services.

WalMart WMT $51.13 -0.11 0.21% 14,768,415 NYSE: WSJ pB5 has an article about French retailer Carrefour posting a first half loss saying Carrefour is the world's second largest retailer by sales after WalMart.

BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.

AJC p20 says landproosed for a WMT site in Dacula, Ga was foreclosed on.

Here are the latest SEC filings as of 8/24/09 other than ownership filings and, except for certain cases, I do not include third party shareholder proposals:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

T AT&T 8/17/09 8K annoucning a settlement with he Int'l Communications Works (IBEW) for a 3 year contract covering 8.900 employees in Illinois and Indiana subject to members' approval.
AA Alcoa 7/13/09 8K 2nd Quarter Earnings Results
AXP 8/17/09 8K furnishing owned and managed basis delinquency and write-off statistics for the lending portfolio of its U.S. Card Services (“USCS”) operating segment for the months ended May 31, June 30 and July 31, 2009.
BAC Bank of Am in addition to two 424 Prospectuses and a free writing prospectus regarding issuance of notes, on 8/21/09 8K BAC appointed Robert W. Scully to its board of directors and he is expected to serve on the Asset Quality and Compensation and Benefits Committees of the Board.
BA Boeing 7/28/09 8K On July 28, 2009, BA issued $750,000,000 in aggregate principal amount of 3.500% Senior Notes due 2015, $750,000,000 in aggregate principal amount of 4.875% Senior Notes due 2020 and $450,000,000 in aggregate principal amount of 5.875% Senior Notes due 2040.
CAT Caterpiller 8/20/09 8K CAT filed Reg FD information concerning deliveries to users for its Machinery and Engines lines of business.
CVX Chevron 8/5/09 10Q
CSCO Cisco 8/5/09 8K CSCO reported its results of operations for its fiscal fourth quarter and fiscal year 2009 ended July 25, 2009.
KO Coke 7/30/09 10Q
DIS Disney 7/30/09 10Q
DD DuPont 8/13/09 8K On 8/11/09 DD named Nicholas C. Fanandakis, age 53, Senior Vice President & Chief Financial Officer & Chief Executive effective September 1, 2009 with an increase in annual salary from $387,708 to $500,000 and target short-term incentive award for 2009 will increase from $328,500 to $464,100. Mr. Fanandakis was named to his current position, Group Vice President- Applied BioSciences, in January 2008. Prior to that, he was vice president and general manager- DuPont Chemical Solutions Enterprise from September 2003 through September 2006 and vice president- Corporate Plans from October 2006 through December 2007. Jeffrey L. Keefer, EVP and Chief Financial Officer, will remain EVP and transition from the position of Chief Financial Officer to assume leadership responsibility for the Company’s Performance Coatings business, corporate strategy development, Information Technology and overall cost and working capital productivity efforts effective November 1, 2009.
Richard R. Goodmanson, EVP and Chief Operating Officer has elected to retire from the Company effective September 30, 2009.
XOM Exxon 8/5/09 10Q
GE 8/4/09 8K GE reached a settlement with the SEC & consented to a judgment of a fine of $50 million relating to four accounting matters arising in 2002 - 2003: the application of SFAS 133 to GE’s since-discontinued commercial paper hedging program and, separately, to certain swap derivatives where fees were paid or received at inception; a change in accounting for profits on spare parts in the commercial aviation engine business; and certain year-end transactions in the Rail business.
HPQ Hewlett-Pack 8/18/09 8K re: release of 731/09 3Q results
HD Home Depot 8/18/09 8K re: release of July 31, 2009 3Q results & 8/21 Form ASR automatic shelf registration for debt securities
INTC Intel 8/3/09 10Q
IBM 7/28/09 10Q
JPM JPMorgan 8/25/09 Free Writing Prospectus relating to reverse convertible securities
JNJ Johnson 8/4/09 10Q
KFT Kraft 8/5/09 10Q
MCD McDonalds 8/11/09 re: press release "McDonald’s Reports Global Comparable Sales Up 4.3% in July"
MRK Merck 8/3/09 Sched 14A proxy material re: updated of acquisition of Schering-Plough
MSFT Microsoft 68/24/09 Securities to be offered to employees in employee benefit plans
PFE Pfizer 8/6/09 10Q
PG Procter Gam 8/25/09 424 Prospectus re: Notes due 2015
MMM 3M 8/5/09 3M contributed 8,329,862 shares of its common stock with a corresponding dollar value of approximately $600 million to its defined benefit pension plan, the 3M Employee Retirement Income Plan, made from treasury stock.
TRV Travelers 8/5/09 10Q/A Amended 10Q
UTX United Tech 7/24/09 10Q
VZ Verizon 7/30/09 10Q
WMT Wal-Mart 8/13/09 8K re 7/31/09 2Q report of earnings 0Q

Here are the CEOs of the Dow 30 Companies:

T Randall L. Stephenson
AA Klaus Kleinfeld
AXP Kenneth I. Chenault
BAC Kenneth D. Lewis
BA W. James McNerney, Jr.
CAT James W. Owens
CVX David O'Reilly
CSCO John Chambers
KO Muhtar Kent
DIS Rogert Iger
DD Nicholas C. Fanandakis replaces Ellen Kullman 9/1/09
XOM Rex W. Tillerson
GE Jeffrey R. Immelt
HPQ Mark Hurd
HD Frank Blake
INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPM Jamie Dimon
JNJ William C. Weldon
KFT Irene Rosenfeld
MCD Jim Skinner
MRK Robert Clark
MSFT Steve Ballmer
PFE Jeffrey Kindler
PG Bob McDonald
MMM George W. Buckley
TRV Jay S. Fishman
UTX Louis Chenevert
VZ Ivan Seidenberg
WMT Mike Duke

8/28/09 pm Dow Closes 9544.2 down 36.43 or .38%

The following is not intended as advertising by a broker-dealer and is not a research report.

Post #79 The following is brought to you by Intellivest Securities Research, Inc. The following is not intended as advertising by a broker-dealer and is not a research report. Towards the end of this Blog is an update of the Dow 30's most recent SEC filings.

The Dow Jones Industrial Average closed Friday at 9544.2 down 36.43 or 0.38% from Thursday's close of 9580.63. Of the 30 Dow Companies: 10 gained and 20 declined with the biggest loser being IBM $118.22 -1.21 1.01% 6,209,889 NYSE and the biggest gainer being INTEL INTC $20.25 +0.78 4.01% 104,941,771 NASDAQ-GS.

The current divisor for the Dow found at today's page C4 of The Wall St. Jrnl is .132319125 unchanged.

Friday's Dow Jones Industrial Average closing numerator was 1262.88 down 4.82 from Thursday's closing Dow numerator of 1267.70. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor.

Now, if you divide the Dow numerator decrease for today of 4.82 by the divisor you get 36.43, the decrease in Frisday's Dow close.

The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was 42.10 down 0.16 from Thursday's Dow Jones Industrial Average closing price of 42.26. The median closing price of Friday's Dow Jones Industrial Average was 38.58 down 0.13 from Thursday's Dow Jones median closing price of 38.71.

The highest closing price Friday again was IBM $118.22 -1.21 1.01% 6,209,889 NYSE and the lowest closing price Frisday again was Alcoa AA $12.5 +0.10 0.81% 20,312,044 NYSE.

The lowest volume Friday was MMM $71.92 +0.29 0.4% 3,488,085 NYSE and the highest volume again was BAC $17.98 +0.06 0.33% 187,222,689 NYSE.

If Friday morning before the market opened you had purchased $100 of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have lost $480
($126,780 - $126,300)

Friday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market

T $26.21 -0.21 0.79% 21,997,644 NYSE
AA $12.5 +0.10 0.81% 20,312,044 NYSE
AXP $34.24 +0.28 0.82% 10,696,189 NYSE
BAC $17.98 +0.06 0.33% 187,222,689 NYSE
BA $51.04 -0.78 1.51% 11,450,057 NYSE
CAT $46.71 -0.37 0.79% 7,562,470 NYSE
CVX $70.68 -0.32 0.45% 7,279,791 NYSE
CSCO $22 +0.12 0.55% 35,876,840 NASDAQ-GS
KO $49.06 -0.38 0.77% 6,826,159 NYSE
DD $32.56 +0.23 0.71% 6,471,222 NYSE
DIS $26.84 -0.17 0.63% 9,229,411 NYSE
XOM $70.12 -0.74 1.04% 17,654,968 NYSE
GE $14.08 -0.11 0.78% 73,570,478 NYSE
HPQ $44.76 -0.05 0.11% 19,534,247 NYSE
HD $27.69 +0.14 0.51% 12,806,127 NYSE
INTC $20.25 +0.78 4.01% 104,941,771 NASDAQ-GS
IBM $118.22 -1.21 1.01% 6,209,889 NYSE
JPM $42.92 -0.53 1.22% 27,092,089 NYSE
JNJ $60.29 -0.20 0.33% 10,869,444 NYSE
KFT $28.34 -0.08 0.28% 5,953,786 NYSE
MCD $56.07 -1.09 1.91% 8,662,629 NYSE
MRK $32.32 -0.55 1.67% 12,049,972 NYSE
MSFT $24.68 -0.01 0.04% 55,640,970 NASDAQ-GS
PFE $16.81 -0.05 0.3% 33,384,351 NYSE
PG $53.19 +0.13 0.25% 8,948,196 NYSE
MMM $71.92 +0.29 0.4% 3,488,085 NYSE
TRV $49.61 +0.41 0.83% 3,810,917 NYSE
VZ $31.02 -0.03 0.1% 13,760,684 NYSE
UTX $59.64 -0.37 0.62% 3,835,157 NYSE
WMT $51.13 -0.11 0.21% 14,768,415 NYSE

The following appeared in Friday morning's Blog:

The Dow Jones Industrial Average closed Thursday at 9580.63 9543.52 up 37.11 or 0.39%from Wednesday's close of 9543.52. Of the 30 Dow Companies: 17 gained and 13 declined with the biggest loser being WalMart WMT $51.24 -0.56 1.08% 17,201,061 NYSE and the biggest gainer being Boeing BA $51.82 +4 8.36% 17,771,484 NYSE.

Dow Thought for the Day: Your Blogger has issued a total of four research reports, well documented because each one was accompanied by a press release on PR Newswire: just google Intellivest Research Report and the following subject companies: Boeing (BA), Harris & Harris (TINY), Concurrent (CCUR), and Numerex (NMRX). Each conclusion was either a buy or a speculative buy: each company has gone up since the report was issued. I have only done one research report on my beloved Dow Jones 30 companies and that was on my favorite Dow Jones Company of all -Boeing because in the 80's my best friend and I ran a small airline that flew a small fleet of 9 Boeing aircraft and I saw first hand what a fine company Boeing was and the quality of the people they hired. Until I got into the aviation business I was a white knuckle flier but the more I learned about Boeing the more I let my intellect overcome my irrational fear of flying and I became a better person as a result. The products of a lot of companies (including some Dow Jones 30, sorry to say) are simply not good products, they do not promote health or make the world a better place, they do promote jobs and support their employees and shareholders and that is ok. But Boeing does it all: makes money and advances the progress of mankind by their innovations in the art of flight. I say all this to tell you that I recommended Boeing on June 25, 2009 as a buy at $41.32 and it closed yesterday at $51.82 up $4.00 the biggest single day's increase in a Dow Jones 30 company since this Blog started.

A read of Friday's 8/27/09 print editions of: Wall Street Journal, Financial Times, New York Times, Investors Business Daily, Atl Journal Const, USA Today and 8/26/09 -9/3/09 issue of Atlanta Business Chronicle yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol and Tuesday's closing price and related data:

Dow: NYT pB7 "Stocks & Bonds - Boeing and AIG Bolster Listless sumemrtime rading" says as it did for most of the week, Wall Street spent Thurs. searching for direction. The main indexes spent Thurs morning int he red but climbiend into positive territory after an afternoon rebound in oil prices and the nergy sector. Shares of Chevron and Exxon Mobil closed relatively flat after falling by more than 1.7 % during intraday trading. Sahres of Boeing, which announced that it would test fly its 787 by the end of year, rose more than 8% or $4 to 51.82. See my thoughts above at "Dow Thought of the Day."

WSJ pC1 "With Trading Light, 5 Stocks a Rally Makes" says a combination of low trading volume and soaring interest in a small group of stocks by short term investors, some using high frequency trading strategies, may be driving the sotck market more than the performance or prospects of the underlying companies.

WSJ pC1 "Blue Chips Add 37.11 Points As the Win Streak Hits Eight" says a turnaround in oil prices and an announcement from Boeing helped stocks reverse early losses and finish with modest gains.

WSJ pC5 "Large Stock Focus - Boeing Takes Flight, As Will Dreamliner" says a series of financial firms, including Citigroup and Bank of Am, paced the market higher and dominated the volume, while a rosy update on the much delayed Dreamliner airplane helped Boeing lead industrials into the green. Boeing under "The Good News" is charged saying "Investors will believe it when they see it" but the 787 is expected to make its first flight by year end.

FT p20 "AIG and Citigroup make up for energy sector weakness" says US stocks ralleid strongly during the day yesterday, revesing early losses, as some of the more beaten up financial stocks gathered momentum and squeezed out short selelrs. Chevon closed down 0.1% while ExxoMobil was 0.7% lower.

USA Today p4B "Markets thursday - Stocks keep gong on rising oil prices" says US stocks closed higher again Thur. as investors turned back an early sell off, thanks to a rebound in oil prices and mentions Boeing.

The current divisor for the Dow found at today's page C4 of The Wall St. Jrnl is .132319125 unchanged.

Thursday's Dow Jones Industrial Average closing numerator was 1267.70 up 4.91 from Wednesday's closing Dow numerator of 1262.79. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator increase for today of 4.91 by the divisor you get 37.11, the increase in Thursday's Dow close.

The average closing price (the closing numerator divided by 30) of Thursday's Dow Jones Industrial Average was 42.26 up 0.17 from Wednesday's Dow Jones Industrial Average closing price of 42.09. The median closing price of Thursday's Dow Jones Industrial Average was 38.71 up 0.49 from Wednesday's Dow Jones median closing price of 38.22.

The highest closing price Thursday again was IBM $119.43 -0.04 0.03% 4,356,403 NYSE and the lowest closing price Thursday again was Alcoa AA $12.4 +0.14 1.14% 26,459,258 NYSE. The lowest volume Thursday was MMM $71.63 +0.21 0.29% 4,076,391 NYSE and the highest volume again was BAC BofAm $17.92 +0.13 0.73% 175,968,302 NYSE.

If Thursday morning before the market opened you had purchased $100 of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $510
($126,780 - $126,270)

AT&T T $26.42 -0.09 0.34% 20,301,692 NYSE: WSJ pB3 "Regulators Begin Wireless Inquiry" (Also at FT p3 & USA Today p1B)says US regulators opened a sweeping inquiry into the wirelss indsutry that will include a look at how the agency could revamp its rules to give consumers more info about charges on their phone and cable tv bills. The FCC wii look at the exclusive deals between wireless carriers and cellphone makers such as T's offering of Apple's iPhone.

WSJ pC10 "Heard on the Street - Looking for Cable's Moment in the Sun" says cable and phone stocks have alrgely missed out on the rally due to a perception that telecommunications won't benefit from an economic upturn. The fact that cable and phone companies provide the infrastructure underpining Internet use ssems to be underapprciated. On the face of it, VZ and AT&T look attractive with dividend yields of about 6%, not a bad return in a low interest rat3 environment. Cable companies in contrast pay measly dividends at best. Growth at T and VZ is being driven by wireless, but that market is near saturation. Pice cutting is going to happen and growth will come from subsribers willing to pay more for data services. Cable comapnies such as Comcast are spending money elsewhere and notes its tried to buy Disney in '04.

FT p* "Sony tries to turn the ereader page with Kindle killers" says the wirelss enable Kindle family has proved that the market for easy to use ebook readers is real, growing and not just for early adopted and says the top of the range Daily Edition will use T's 3G mobile network int he USA and will cost $499.

AA $12.4 +0.14 1.14% 26,459,258 NYSE: No mentions found.

Amex AXP $33.96 +0.82 2.47% 13,218,348 NYSE: WSJ pC3 "Was Government Right on TARP? Defendes Said Program Would Tur a Profit: Thus Far, a 10.16% Return" says the biggest returns are from goldman Sachs, Morgan Stanley and AXP which yielded 14.18%, 12.68%, and 12.23% respectively.

Bank of Am BAC $17.92 +0.13 0.73% 175,968,302 NYSE: WSJ pC5 "Large Stock Focus - Boeing Takes Flight, As Will Dreamliner" says a series of financial firms, including Citigroup and Bank of Am, paced the market higher and dominated the volume, while a rosy update on the much delayed Dreamliner airplane helped Boeing lead industrials into the green. Boeing under "The Good News" is charged saying "Investors will believe it when they see it" but the 787 is expected to make its first flight by year end.

WSJ pC9 in an article about money managers merging says that large diversified financial institutions will be divesting their investment management business and cities BAC's decision to sell its columbia Managemet Group unit as an example of this trend.

WSJ pC10 "Learning to Love Bank Debt Weaklings" says debt markets are still showing nervousness about Citi and Bank of Am and that buying default protection with credit default swaps costs more for Citi and BofA than it does for JPM and Wells Fargo.

Boeing BA $51.82 +4 8.36% 17,771,484 NYSE: NYT pB5 "Boeing, 2 Years Behind Schedule, Plans Dreamliner Flight for "09" " (Also at WSJ pB3 "Boeing Dreamliner to Fly in 2009" AJC pA20 & FT p10, 11 & 12 & USA Today p3B. says the first test flight of Ba's long delayed 787 Dreamliner will happen by the end of '09 two years being schedule and it will deliver its first Dreamliner int he fourth quarter of '10 compared with the original May '08 delivery date. Lither and more fuel efficient that other lanes, the Dreamliner is BA's first major new plane in a decalde and there are more than 800 ordrs waitng to be filled but its production has been plagued by delays steming from suplly problems, a labor strike, parts shortages and structural flaws. I recommended Boeing on 6/25/09 at $41.32 and it closed yesterday at $51.82.

NYT pB7 "Stocks & Bonds - Boeing and AIG Bolster Listless sumemrtime rading" says as it did for most of the week, Wall Street spent Thurs. searching for direction. The main indexes spent Thurs morning int he red but climbiend into positive territory after an afternoon rebound in oil prices and the nergy sector. Shares of Chevron and Exxon Mobil closed relatively flat after falling by more than 1.7 % during intraday trading. Sahres of Boeing, which announced that it would test fly its 787 by the end of year, rose more than 8% or $4 to 51.82. See my thoughts above at "Dow Thought of the Day."

WSJ pC1 "Blue Chips Add 37.11 Points As the Win Streak Hits Eight" says a turnaround in oil prices and an announcement from Boeing helped stocks reverse early losses and finish with modest gains.

WSJ pC5 "Large Stock Focus - Boeing Takes Flight, As Will Dreamliner" says a series of financial firms, including Citigroup and Bank of Am, paced the market higher and dominated the volume, while a rosy update on the much delayed Dreamliner airplane helped Boeing lead industrials into the green. Boeing under "The Good News" is charged saying "Investors will believe it when they see it" but the 787 is expected to make its first flight by year end.

USA Today p4B "Markets thursday - Stocks keep gong on rising oil prices" says US stocks closed higher again Thur. as investors turned back an early sell off, thanks to a rebound in oil prices and mentions Boeing.

CAT $47.08 -0.17 0.36% 8,305,716 NYSE: No mentions found.

Chevron CVX $71 -0.09 0.13% 8,321,592 NYSE: NYT pB7 "Stocks & Bonds - Boeing and AIG Bolster Listless sumemrtime rading" says as it did for most of the week, Wall Street spent Thurs. searching for direction. The main indexes spent Thurs morning int he red but climbiend into positive territory after an afternoon rebound in oil prices and the nergy sector. Shares of Chevron and Exxon Mobil closed relatively flat after falling by more than 1.7 % during intraday trading.

FT p20 "AIG and Citigroup make up for energy sector weakness" says US stocks ralleid strongly during the day yesterday, revesing early losses, as some of the more beaten up financial stocks gathered momentum and squeezed out short selelrs. Chevon closed down 0.1% while ExxoMobil was 0.7% lower.

CSCO $21.88 -0.05 0.23% 30,283,713 NASDAQ-GS: No mentions found.

KO $49.44 +0.26 0.53% 6,942,382 NYSE: No mentions found.

DD $32.33 -0.05 0.15% 5,841,466 NYSE: No mentions found.

Disney DIS $27.01 +0.01 0.04% 9,044,599 NYSE: WSJ pC10 "Heard on the Street - Looking for Cable's Moment in the Sun" says cable and phone stocks have alrgely missed out on the rally due to a perception that telecommunications won't benefit from an economic upturn. The fact that cable and phone companies provide the infrastructure underpining Internet use ssems to be underapprciated. On the face of it, VZ and AT&T look attractive with dividend yields of about 6%, not a bad return in a low interest rat3 environment. Cable companies in contrast pay measly dividends at best. Growth at T and VZ is being driven by wireless, but that market is near saturation. Pice cutting is going to happen and growth will come from subsribers willing to pay more for data services. Cable comapnies such as Comcast are spending money elsewhere and notes its tried to buy Disney in '04.

WSJ pB5 "A&E Acquires Lifetime - Disney, Hearst Strengthen Hold Over Cable Networks" says cable network owner A&E Television Networks is acquiring Lifetime Entertainment Services in a deal that further consolidates the control that Dis and Hearst corp. hold over three of the most watched US cable TV networks. A&E and its sister networks, including the History Channel, are owned by Disney, Hearst and GE's NBC Universal. Disney and Hearst each already own half of Lifetime, whose namesake network is known for its original movies and the fashion design competition show "Project Runway." NBC Universal's USA Network is the No. 1 cable netwrok in prime time, with nearly 3.2 million viewers.

WSJ pW1 "Television _ Creating the Next Teen Star - Disney tries its magic to make selena Gomez big, and to keep her 17" says the next few weeks will see the rel3ase of a selena Gomez movie, her album and her face on 30 million packages of Sara Lee bread.

ExxonMobil XOM $70.86 -0.51 0.71% 21,394,720 NYSE: NYT pB7 "Stocks & Bonds - Boeing and AIG Bolster Listless sumemrtime rading" says as it did for most of the week, Wall Street spent Thurs. searching for direction. The main indexes spent Thurs morning int he red but climbed into positive territory after an afternoon rebound in oil prices and the energy sector. Shares of Chevron and Exxon Mobil closed relatively flat after falling by more than 1.7 % during intraday trading.

WSJ pA8 "Libya's Oil Boom Is Runing Dry" says Libya has held 4 licensing rounds over the past 4 years, dishing out contracts to supermajors such as XOM and smaller companies including Petro-Canada.

FT p20 "AIG and Citigroup make up for energy sector weakness" says US stocks ralleid strongly during the day yesterday, revesing early losses, as some of the more beaten up financial stocks gathered momentum and squeezed out short sellers. Chevon closed down 0.1% while ExxonMobil was 0.7% lower.

GE $14.19 0+.08 0.57% 63,772,431 NYSE: WSJ pB5 "A&E Acquires Lifetime - Disney, Hearst Strengthen Hold Over Cable Networks" says cable network owner A&E Television Networks is acquiring Lifetime Entertainment Services in a deal that further consolidates the control that Dis and Hearst corp. hold over three of the most watched US cable TV networks. A&E and its sister networks, including the History Channel, are owned by Disney, Hearst and GE's NBC Universal. Disney and Hearst each already own half of Lifetime, whose namesake network is known for its original movies and the fashion design competition show "Project Runway." NBC Universal's USA Network is the No. 1 cable netwrok in prime time, with nearly 3.2 million viewers.

Hewlett-Packard HPQ $44.81 +0.33 0.74% 15,013,281 NYSE: WSJ pB1 has a story about Dell's quarterly profit falling 23% as it continues to be squeezed by depressed corproate spending and plunging PC prices that says spending on PCs will pick up late this year with the new Windows 7 operating system from MSFT. The story says that Dell's comments about the market stabilizing echoed those last week of Dell's rival Hewlett-Packard.

IBD pB3 "HP Maintains Steady Growth In Tough tiems" says HPQ Aug 18 release of investorsleft ivnestors unexcited even though it beat estimates by a penny but combined with a blowout quarter for IBM a few weeks earliers, many analysts now think the computer business has hit bottom.

Atlanta Business Chronicle p3A "Emory take stage for economy summit" in a story by J. Scott Trubey says there will be a sept. 2 summit at Emory U. ont he US' road to economic recovery that will feature the CEO of the NYSE Euronext Inc, Duncan L. Niederauer, The Home Depot's CEO, Frank Balke, Aflac's CEO Daniel Amox, Atl Fed Res. Bank CEO Dennis Lockhart and Goizueta Business School Dean Larry Benveniste in a live Web streamed talk about how the world entered the economic quagmire and what it will take to recover. Story says companies such as Microsfot and Hewlett-Packard were born from recessions, but not enough is being done to help companies flourish and venture capital spending is too low.

Home Depot HD $27.55 -0.02 0.07% 13,446,768 NYSE: Atlanta Business Chronicle p3A "Emory take stage for economy summit" in a story by J. Scott Trubey says there will be a sept. 2 summit at Emory U. ont he US' road to economic recovery that will feature the CEO of the NYSE Euronext Inc, Duncan L. Niederauer, The Home Depot's CEO, Frank Balke, Aflac's CEO Daniel Amox, Atl Fed Res. Bank CEO Dennis Lockhart and Goizueta Business School Dean Larry Benveniste in a live Web streamed talk about how the world entered the economic quagmire and what it will take to recover. Story says companies such as Microsfot and Hewlett-Packard were born from recessions, but not enough is being done to help companies flourish and venture capital spending is too low.

Intel INTC $19.47 +0.04 0.21% 51,365,284 NASDAQ-GS: NYT pB1 in a story about Dell beating forecasts says the advent of new technologies from Intel and MSFT, including Oct's release of Windows 7 operating system, and the cost of maintianing older machiens will spur companies to replacing their aging PC fleets.

IBM $119.43 -0.04 0.03% 4,356,403 NYSE: IBD pB3 "HP Maintains Steady Growth In Tough tiems" says HPQ Aug 18 release of investorsleft ivnestors unexcited even though it beat estimates by a penny but combined with a blowout quarter for IBM a few weeks earliers, many analysts now think the computer business has hit bottom.

JPMorgan JPM $43.45 +0.15 0.35% 28,951,738 NYSE: Atlanta Business Chronicle p19A "Best of the Blogs" says Douglas Sams in his "On the Market" blog says JPM wants to lay the groundwork to develop two new 12 story towers at Alpharetta, Ga's Santuary Park.

WSJ pC10 "Learning to Love Bank Debt Weaklings" says debt markets are still showing nervousness about Citi and Bank of Am and that buying default protection with credit default swaps costs more for Citi and BofA than it does for JPM and Wells Fargo.

JNJ $60.49 -0.14 0.23% 11,027,869 NYSE: No mentions found.

KFT $28.42 -0.04 0.14% 6,986,983 NYSE: No mentions found.

MCD $57.16 +0.16 0.28% 8,462,625 NYSE: No mentions found.

MRK $32.87 +0.19 0.58% 9,829,801 NYSE: No mentions found.

Microsoft MSFT $24.69 +0.14 0.57% 45,449,837 NASDAQ-GS: NYT pB2 "Price of Xbox Is Lowered To Match PS3" (Also at WSJ pB6 & Fin Times p11 & IBD pA2) says MSFT is cutting the price of the high end Xbox 360 console by $100, matching Sony's price cut for the PlayStation 3 last week.

NYT pB1 in a story about Dell beating forecasts says the advent of new technologies from Intel and MSFT, including Oct's release of Windows 7 operating system, and the cost of maintianing older machiens will spur companies to replacing their aging PC fleets. IBD pA4 & WSJ pB1 has a story about Dell's quarterly profit falling 23% as it continues to be squeezed by depressed corproate spending and plunging PC prices that says spending on PCs will pick up late this year with the new Windows 7 operating system from MSFT. The story says that Dell's comments about the market stabilizing echoed those last week of Dell's rival Hewlett-Packard.

WSJ pB4 "Nokia to Roll Out Phone Based on Linux Software" says Nokia will sell its first smart phone that will allow it to protect its market share from Apple's iPHone. Nokia will move away from the Symbian operating system which is aged to the Linux based Maemo operating system that will give the phone a more PC like experience allowing users to run dozens of app windows at the same time. Symbian competes with other open source plantforms such as Google's Android and licensed systems such as MSFT's Windows Mobile.

Atlanta Business Chronicle p3A "Emory take stage for economy summit" in a story by J. Scott Trubey says there will be a sept. 2 summit at Emory U. ont he US' road to economic recovery that will feature the CEO of the NYSE Euronext Inc, Duncan L. Niederauer, The Home Depot's CEO, Frank Balke, Aflac's CEO Daniel Amox, Atl Fed Res. Bank CEO Dennis Lockhart and Goizueta Business School Dean Larry Benveniste in a live Web streamed talk about how the world entered the economic quagmire and what it will take to recover. Storysays companies such as Microsfot and Hewlett-Packard were born from recessions, but not enough is being done to help companies flourish and venture capital spending is too low.

PFE $16.86 +0.09 0.54% 30,136,385 NYSE: No mentions found.

PG $53.06 -0.30 0.56% 10,345,494 NYSE: No mentions found.

MMM $71.63 +0.21 0.29% 4,076,391 NYSE: No mentions found.

TRV $49.2 +0.41 0.84% 4,333,688 NYSE: No mentions found.

UTX $60.01 +0.24 0.4% 4,082,864 NYSE: No mentions found.

Verizon VZ $31.05 -0.43 1.37% 14,104,810 NYSE: WSJ pC10 "Heard on the Street - Looking for Cable's Moment in the Sun" says cable and phone stocks have already missed out on the rally due to a perception that telecommunications won't benefit from an economic upturn. The fact that cable and phone companies provide the infrastructure underpining Internet use ssems to be underapprciated. On the face of it, VZ and AT&T look attractive with dividend yields of about 6%, not a bad return in a low interest rat3 environment. Cable companies in contrast pay measly dividends at best. Growth at T and VZ is being driven by wireless, but that market is near saturation. Pice cutting is going to happen and growth will come from subsribers willing to pay more for data services. Cable companies such as Comcast are spending money elsewhere and notes its tried to buy Disney in '04.

WSJ pB3 "Regulators Begin Wireless Inquiry" (Also at FT p3 & USA Today p1B)says US regulators opened a sweeping inquiry into the wirelss indsutry that will include a look at how the agency could revamp its rules to give consumers more info about charges on their phone and cable tv bills. The FCC wii look at the exclusive deals between wireless carriers and cellphone makers such as T's offering of Apple's iPhone.

WMT $51.24 -0.56 1.08% 17,201,061 NYSE: No mentions found.

Here are the latest SEC filings as of 8/24/09 other than ownership filings and, except for certain cases, I do not include third party shareholder proposals:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

T AT&T 8/17/09 8K annoucning a settlement with he Int'l Communications Works (IBEW) for a 3 year contract covering 8.900 employees in Illinois and Indiana subject to members' approval.
AA Alcoa 7/13/09 8K 2nd Quarter Earnings Results
AXP 8/17/09 8K furnishing owned and managed basis delinquency and write-off statistics for the lending portfolio of its U.S. Card Services (“USCS”) operating segment for the months ended May 31, June 30 and July 31, 2009.
BAC Bank of Am in addition to two 424 Prospectuses and a free writing prospectus regarding issuance of notes, on 8/21/09 8K BAC appointed Robert W. Scully to its board of directors and he is expected to serve on the Asset Quality and Compensation and Benefits Committees of the Board.
BA Boeing 7/28/09 8K On July 28, 2009, BA issued $750,000,000 in aggregate principal amount of 3.500% Senior Notes due 2015, $750,000,000 in aggregate principal amount of 4.875% Senior Notes due 2020 and $450,000,000 in aggregate principal amount of 5.875% Senior Notes due 2040.
CAT Caterpiller 8/20/09 8K CAT filed Reg FD information concerning deliveries to users for its Machinery and Engines lines of business.
CVX Chevron 8/5/09 10Q
CSCO Cisco 8/5/09 8K CSCO reported its results of operations for its fiscal fourth quarter and fiscal year 2009 ended July 25, 2009.
KO Coke 7/30/09 10Q
DIS Disney 7/30/09 10Q
DD DuPont 8/13/09 8K On 8/11/09 DD named Nicholas C. Fanandakis, age 53, Senior Vice President & Chief Financial Officer & Chief Executive effective September 1, 2009 with an increase in annual salary from $387,708 to $500,000 and target short-term incentive award for 2009 will increase from $328,500 to $464,100. Mr. Fanandakis was named to his current position, Group Vice President- Applied BioSciences, in January 2008. Prior to that, he was vice president and general manager- DuPont Chemical Solutions Enterprise from September 2003 through September 2006 and vice president- Corporate Plans from October 2006 through December 2007. Jeffrey L. Keefer, EVP and Chief Financial Officer, will remain EVP and transition from the position of Chief Financial Officer to assume leadership responsibility for the Company’s Performance Coatings business, corporate strategy development, Information Technology and overall cost and working capital productivity efforts effective November 1, 2009.
Richard R. Goodmanson, EVP and Chief Operating Officer has elected to retire from the Company effective September 30, 2009.
XOM Exxon 8/5/09 10Q
GE 8/4/09 8K GE reached a settlement with the SEC & consented to a judgment of a fine of $50 million relating to four accounting matters arising in 2002 - 2003: the application of SFAS 133 to GE’s since-discontinued commercial paper hedging program and, separately, to certain swap derivatives where fees were paid or received at inception; a change in accounting for profits on spare parts in the commercial aviation engine business; and certain year-end transactions in the Rail business.
HPQ Hewlett-Pack 8/18/09 8K re: release of 731/09 3Q results
HD Home Depot 8/18/09 8K re: release of July 31, 2009 3Q results & 8/21 Form ASR automatic shelf registration for debt securities
INTC Intel 8/3/09 10Q
IBM 7/28/09 10Q
JPM JPMorgan 8/25/09 Free Writing Prospectus relating to reverse convertible securities
JNJ Johnson 8/4/09 10Q
KFT Kraft 8/5/09 10Q
MCD McDonalds 8/11/09 re: press release "McDonald’s Reports Global Comparable Sales Up 4.3% in July"
MRK Merck 8/3/09 Sched 14A proxy material re: updated of acquisition of Schering-Plough
MSFT Microsoft 68/24/09 Securities to be offered to employees in employee benefit plans
PFE Pfizer 8/6/09 10Q
PG Procter Gam 8/25/09 424 Prospectus re: Notes due 2015
MMM 3M 8/5/09 3M contributed 8,329,862 shares of its common stock with a corresponding dollar value of approximately $600 million to its defined benefit pension plan, the 3M Employee Retirement Income Plan, made from treasury stock.
TRV Travelers 8/5/09 10Q/A Amended 10Q
UTX United Tech 7/24/09 10Q
VZ Verizon 7/30/09 10Q
WMT Wal-Mart 8/13/09 8K re 7/31/09 2Q report of earnings 0Q

Here are the CEOs of the Dow 30 Companies:

T Randall L. Stephenson
AA Klaus Kleinfeld
AXP Kenneth I. Chenault
BAC Kenneth D. Lewis
BA W. James McNerney, Jr.
CAT James W. Owens
CVX David O'Reilly
CSCO John Chambers
KO Muhtar Kent
DIS Rogert Iger
DD Nicholas C. Fanandakis replaces Ellen Kullman 9/1/09
XOM Rex W. Tillerson
GE Jeffrey R. Immelt
HPQ Mark Hurd
HD Frank Blake
INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPM Jamie Dimon
JNJ William C. Weldon
KFT Irene Rosenfeld
MCD Jim Skinner
MRK Robert Clark
MSFT Steve Ballmer
PFE Jeffrey Kindler
PG Bob McDonald
MMM George W. Buckley
TRV Jay S. Fishman
UTX Louis Chenevert
VZ Ivan Seidenberg
WMT Mike Duke