8/24/09 Mon pm Dow Closes 9509.28 up 3.32 or 0.03%

Post #71 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.

The Dow Jones Industrial Average closed Monday at 9509.28 up 3.32 or 0.03% from Friday's close of 9505.96. Of the 30 Dow Companies: 13 gained and 17 declined with the biggest loser being Coke KO $49.06 -0.85 1.7% 10,869,883 NYSE and the biggest gainer being ExxonMobil XOM $71.3 +1.38 1.97% 25,591,603 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 1258.26 up 0.44 from Friday's closing Dow numerator of 1257.82. 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 0.44 by the divisor you get 3.32, the increase in Friday's Dow close.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was 41.94 up 0.01 from Friday's Dow Jones Industrial Average closing price of 41.93. The median closing price of Monday's Dow Jones Industrial Average was 37.84 down 0.42 from Friday's Dow Jones median closing price of 38.26.

The highest closing price Monday again was IBM $119.32 -0.58 0.48% 6,360,699 NYSE and the lowest closing price Monday again was Alcoa AA $12.42 -0.14 1.11% 30,727,821NYSE.

The lowest volume Monday was MMM $72.56 -0.08 0.11% 2,504,464 NYSE and the highest volume again was BAC BofAm $17.35 -0.11 0.63% 315,026,121 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 made $30
($125,820 - $125,790)

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


T $26.14 +0.14 0.54% 17,980,074 NYSE
AA $12.42 -0.14 1.11% 30,727,821 NYSE
AXP $32.67 -0.18 0.55% 14,356,175 NYSE
BAC $17.35 -0.11 0.63% 315,026,121 NYSE
BA $47.13 +1.26 2.75% 6,157,061 NYSE
CAT $47.56 +0.26 0.55% 9,771,630 NYSE
CVX $70.76 +1.03 1.48% 9,650,867 NYSE
CSCO $22.06 -0.13 0.59% 52,669,350 NASDAQ-GS
KO $49.06 -0.85 1.7% 10,869,883 NYSE
DD $32.33 -0.38 1.16% 4,601,058 NYSE
DIS $26.8 +0.01 0.04% 9,181,789 NYSE
XOM $71.3 +1.38 1.97% 25,591,603 NYSE
GE $14.2 -0.01 0.07% 83,293,542 NYSE
HPQ $44.79 +0.01 0.02% 15,081,651 NYSE
HD $27.03 -0.47 1.71% 16,187,952 NYSE
INTC $18.76 -0.1301 0.69% 38,682,921 NASDAQ-GS
IBM $119.32 -0.58 0.48% 6,360,699 NYSE
JPM $43.01 -0.65 1.49% 40,004,669 NYSE
JNJ $61.28 +0.25 0.41% 10,462,051 NYSE
KFT $28.4 -0.41 1.42% 9,923,971 NYSE
MCD $55.91 -0.36 0.64% 6,638,557 NYSE
MRK $32.5 -0.06 0.18% 13,074,760 NYSE
MSFT $24.64 +0.23 0.94% 54,156,640 NASDAQ-GS
PFE $16.73 +0.09 0.54% 31,026,346 NYSE
PG $53.34 -0.24 0.45% 11,781,726 NYSE
MMM $72.56 -0.08 0.11% 2,504,464 NYSE
TRV $47.95 -0.25 0.52% 4,361,178 NYSE
UTX $59.3 +0.59 1% 5,756,776 NYSE
VZ $31.41 +0.04 0.13% 8,607,045 NYSE
WMT $51.55 +0.19 0.37% 11,460,429 NYSE

The following appeared on my blog earlier today:
Dow Monitor Blog Thought for the Day: NYT pB6 has a story "Slate Repalces Newspaper Roundup With news Updates" that says Slate's "Today's Papers," one of the original aggregators of the Web, is being retired, 12 years after it started its "beloved once-a-day" summary of US front pages from newspapers. Jack Shafter, the media columnist for Slate, said that the news cycle has three parts: an overnight shift led by newspapers, a daytime phase when other news media entities react to the overnight news, and an afternoon phase when the days events break and are digest. Plotz said "The major newspapers still drive the news agenda."

I will keep aggregating about the Dow Jones Industrial Average and its 30 companies.

The Dow Jones Industrial Average closed Friday at 9505.96 up 155.91 or 1.67% from Thursday's close of 9350.05. Of the 30 Dow Companies: 29 gained and 1 declined with the only loser being WalMart WMT $51.36 -0.35 0.68% 21,093,594 NYSE and the biggest gainer being Catepillar CAT $47.3 +1.80 3.96% 12,324,433 NYSE. The Dow divisor at WSJ pC4 remains unchanged at 0.132319125.

A read of Monday's 8/24/09 print editions of: Wall Street Journal, Financial Times, New York Times, Atl Journal Const, and USA Today (but not the Investors Business Daily which missed delivery to my Buckhead newstand today) 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:

T $26 +0.46 1.8% 30,826,228 NYSE

AXP $32.85 +0.33 1.01% 12,273,755 NYSE: No mentions found.

AA $12.56 +0.13 1.05% 33,767,914 NYSE: No mentions found.

BofAm BAC $17.46 +0.32 1.87% 235,679,525 NYSE: NYT pB1 "Plain Talk From Judge Weighing Merrill Case" says jed S. Rakoff, A US Dist. Ct. judge in NYC which receive reports today from the SEC and Bank of America detailing who knew what about $3.6 bonuses paid out bMerrill Lynch just before BAC took it over last year. These payouts have been at the center of hearings in Congress and an investigation by the NY atty gen'l but Judge Rakoff is the first to demand that BAC reveal who decided not to disclose the bonuses to shareholders before the merger closed.

WSJ pC1 "Leverged P&G Deal Has Banks Jumping In" says specialty drug maker Warner Chilcott Ltd. is expected to annouce the acquisition of P&G's prescription drug business formore than $3 bil. Six banks led by JPMorgan Chase and BAC Bank of Am are expected to put up as much as $4 bil in financing for the transaction. Roughly $3 billion wil go toward the acquisition with the remainder to refinance existing Warner Chilcott debt. There is an issue regarding a patent dispute lawsuit between PG and generic drug maker Roxanne Labs wherein PG sued Roxane in '07 over the Pg drug Asacol, an ulcerative colities durg after Roxane tried to get FDA approval for a generic version of Asaco. The suit is pending.

Boeing BA $45.87 +1.13 2.53% 5,529,798 NYSE: WSJ pB1 "Makers of Military Drones Take Off" says unmanned US aircraft are part of the White House's defense budget for fiscal 2010 in the amount of $3.5 bil. the story talks about Insitu, a maker of these unmanned aircraft that Boeing Co. Acquired last year.

USA Today p1B "Korean Air upgrades service, image" says Korean Air has been buying news planes. 15 of its its fllet of 103 passenger planes are less than 4 years old. Korean air plans to spend $200 mil ore to upgrade tis fleet for mid and long haul routes in addition to 38 Boeing 777s, and Boeing 787s on which it's awaiting delviery.

CAT $47.3 +1.80 3.96% 12,324,433 NYSE: No mentions found.

CVX $69.73 +1.11 1.62% 15,265,007 NYSE: No mentions found.

CSCO $22.19 +0.30 1.37% 56,571,644 NASDAQ-GS: No mentions found.

KO $49.91 +0.49 0.99% 8,824,678 NYSE: No mentions found.

DD $32.71 +0.77 2.41% 7,758,077 NYSE: Disney DIS $26.79 +0.90 3.48% 13,722,007 NYSE: WSJ pA8 "Chinese Village Hopes for a Disney Windfall" says that Disney is building a theme park in a village near Shanghai and is going to raze the entire village and compensate the 4,000 residents of Zhaohand Village but there are tensions because some residents are afraid they are going to be left out.

XOM $69.92 +1.33 1.94% 26,162,685 NYSE: No mentions found.

GE $14.21 +0.40 2.9% 90,569,058 NYSE: No mentions found.

HPQ $44.78 +0.80 1.82% 18,931,009 NYSE: No mentions found.

HD $27.5 +0.82 3.07% 18,658,007 NYSE: No mentions found.

Intel INTC $18.8901 +0.1801 0.96% 55,142,847 NASDAQ-GS: WSJ pC3 "At Intel Capital, Shares of 2001 - Investment Arm is Hit By Economic Slowdown; Bd Timing on Celarwire" says Intel Capital, Intel's investment arm, has been doing early stae investments for 20 years, is active in 26 countries and has a portfolio of 44 companies, most notably clearwire and VMware, valued at $2 bil. Intel Capital has seen a bid grop in oportunities to make new investments and sell existing ones through ipos as a result of the financial crisis. In the first half of '09, it made just 13 news investments, below the typical rate of 50 or more a year.

IBM $119.9 +0.95 0.8% 8,305,443 NYSE: No mentions found.

JPMorgan Chase JPM $43.66 +1.24 2.92% 42,791,613 NYSE: WSJ pC1 "Leverged P&G Deal Has Banks Jumping In" says specialty drug maker Warner Chilcott Ltd. is expected to annouce the acquisition of P&G's prescription drug business formore than $3 bil. Six banks led by JPMorgan Chase and BAC Bank of Am are expected to put up as much as $4 bil in financing for the transaction. Roughly $3 billion wil go toward the acquisition with the remainder to refinance existing Warner Chilcott debt. There is an issue regarding a patent dispute lawsuit between PG and generic drug maker Roxanne Labs wherein PG sued Roxane in '07 over the Pg drug Asacol, an ulcerative colities durg after Roxane tried to get FDA approval for a generic version of Asaco. The suit is pending.

Rod Hall, analyst at JPM, is quotes in an article at p13 of Fin Times about how Nokia's CEO Pekka Kallasvuo is trying to turn Nokia into a services company after 22 years as a mobile manufacturer.

JNJ $61.03 +0.08 0.13% 12,593,665 NYSE: No mentions found.

KFT $28.81 +0.46 1.62% 11,596,409 NYSE: No mentions found.

MCD $56.27 +0.13 0.23% 7,670,646 NYSE: No mentions found.

MRK $32.56 +1.22 3.89% 20,724,544 NYSE: No mentions found.

MSFT $24.41 +0.74 3.13% 68,994,377 NASDAQ-GS: No mentions found.

Pfizer PFE $16.64 +0.41 2.53% 64,798,377 NYSE: Front page of WSJ pA1 in a story about how the billable hour system for law firms is under attack it says Pfizer spends more than $500 million a year on legal matters says it expects to reduce its domestic law firm spending by 15% to20% largely through flat fee arrangements.

Procter & Gamble PG $53.58 +0.56 1.06% 13,272,577 NYSE: WSJ pC1 "Leverged P&G Deal Has Banks Jumping In" says specialty drug maker Warner Chilcott Ltd. is expected to annouce the acquisition of P&G's prescription drug business formore than $3 bil. Six banks led by JPMorgan Chase and BAC Bank of Am are expected to put up as much as $4 bil in financing for the transaction. Roughly $3 billion wil go toward the acquisition with the remainder to refinance existing Warner Chilcott debt. There is an issue regarding a patent dispute lawsuit between PG and generic drug maker Roxanne Labs wherein PG sued Roxane in '07 over the Pg drug Asacol, an ulcerative colities durg after Roxane tried to get FDA approval for a generic version of Asaco. The suit is pending.

MMM $72.64 +1.41 1.98% 4,324,625 NYSE: No mentions found.

TRV $48.2 +0.39 0.82% 5,727,424 NYSE: No mentions found.

UTX $58.71 +1.45 2.53% 6,822,849 NYSE: No mentions found.

VZ $31.37 +0.66 2.15% 14,031,992 NYSE: No mentions found.

WalMart WMT $51.36 -0.35 0.68% 21,093,594 NYSE: I forgot to mention Sunday tht WMT's CEO Mike Duke was interviewed in Parade magazine Sunday. A few years ago I learned that the best selling item for WMT is the banana and since then I've also noticed the placement and condition of the bananas. In his interview Duke says the banana is the best selling single item in the world, among other wise tidbits. Sorry for the oversight.