8/25/09 Tues pm Dow Closes 9539.29 +30.01 or 0.32%

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Post #73 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 Tuesday at 9539.29 up 30.01 or 0.32% from Monday's close of 9509.28. Of the 30 Dow Companies: 20 gained, 9 declined and Microsfot was unchanged with the biggest loser being ExxonMobil XOM $70.68 -0.62 0.87% 20,984,735 NYSE and the biggest gainer being JPMorgan Chase JPM $43.58 +0.57 1.33% 34,367,291 NYSE.

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

Tuesday's Dow Jones Industrial Average closing numerator was 1262.23 up 3.97 from Monday's closing Dow numerator of 1258.26. 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 3.97 by the divisor you get 30.01, the increase in Tuesday's Dow close.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was 42.07 up 0.12 from Monday's Dow Jones Industrial Average closing price of 41.94. The median closing price of Tuesday's Dow Jones Industrial Average was 38.27 up 0.43 from Monday's Dow Jones median closing price of 37.84.

The highest closing price Tuesday again was IBM $118.83 -0.49 0.41% 4,639,076 NYSE and the lowest closing price Tuesday again was Alcoa AA $12.35 +0.07 0.56% 24,564,769 NYSE.

The lowest volume Tuesday was MMM $72.68 +0.12 0.17% 3,441,593 NYSE and the highest volume again was BAC BofAm $17.75 +0.40 2.31% 237,415,812 NYSE.

If Tuesday 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 $390
($126,210 - $125,820)

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

T $26.3 +0.16 0.61% 25,384,256 NYSE
AA $12.35 +0.07 0.56% 24,564,769 NYSE
AXP $32.82 -0.15 0.46% 11,281,895 NYSE
BAC $17.75 +0.40 2.31% 237,415,812 NYSE
BA $48.25 +1.12 2.38% 8,226,345 NYSE
CAT $47.83 +0.27 0.57% 9,571,119 NYSE
CVX $70.65 -0.11 0.16% 11,259,594 NYSE
CSCO $22 -0.06 0.27% 28,294,889 NASDAQ-GS
KO $48.74 -0.32 0.65% 10,694,674 NYSE
DD $32.4 +0.07 0.22% 5,316,459 NYSE
DIS $26.87 +0.07 0.26% 11,392,667 NYSE
XOM $70.68 -0.62 0.87% 20,984,735 NYSE
GE $14.3 +0.10 0.7% 74,490,567 NYSE
HPQ $44.68 -0.11 0.25% 18,072,808 NYSE
HD $27.32 +0.29 1.07% 21,797,257 NYSE
INTC $19.1 +0.34 1.81% 61,895,253 NASDAQ-GS
IBM $118.83 -0.49 0.41% 4,639,076 NYSE
JPM $43.58 +0.57 1.33% 34,367,291 NYSE
JNJ $61.14 -0.14 0.23% 10,807,103 NYSE
KFT $28.6 +0.20 0.7% 7,624,679 NYSE
MCD $56.45 +0.54 0.97% 7,425,472 NYSE
MRK $32.95 +0.45 1.38% 19,160,634 NYSE
MSFT $24.64 unch unch 43,796,256 NASDAQ-GS
PFE $16.8 +0.07 0.42% 40,656,260 NYSE
PG $53.4 +0.06 0.11% 12,622,337 NYSE
MMM $72.68 +0.12 0.17% 3,441,593 NYSE
TRV $48.43 +0.48 1% 5,027,662 NYSE
UTX $59.71 +0.41 0.69% 6,798,423 NYSE
VZ $31.31 -0.10 0.32% 10,198,775 NYSE
WMT $51.67 +0.12 0.23% 16,467,537 NYSE

The following appeared in Tues. morning's Blog:

A read of Tuesday's 8/25/09 print editions of: Wall Street Journal, Financial Times, Investors Business Daily, New York Times, Atl Journal Const, and USA 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: WSJ pC6 "Large Stock Focus - Boeing Climbs 2.7%; Best Buy Falls 4.5%" says as the Dow Jones Industrial average rose for its fifth consecutive session, Boeing helped it stay aloft after receiving a contract from Canadian airline WestJet who ordered 14 737-700s. It aslo says Procter & Gamble's sale of its drug unit to Warner Chilcott shows more deals like that are coming as PG shed 0.24.

NYT pB7 "Shares Pause After Recent Gains, While Oil Rises" says worries about the consumer restrained Wall Street's momentum on Monday, reflecting investors' concerns that the economy might limp along if Americans did not start spending againt. Investors edged away from consumer focused companies like clothing retailers, food companies and furniture makers noting that sahres of Home Depot and Coke fell the most among blue chip stocks. It says investors continued to warm to energy producers like Chevron and ConocoPhillips.

USA Today p4B "Financial stock losses undercut market" saying the stock market took a break from its four session advance as financial stocks, which had been surging, retreated.

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)

AT&T T $26.14 +0.14 0.54% 17,980,074 NYSE: WSJ pB4 "Femtocells Await Their Day in the Sun - Wirelss-Call Boostes Ae Sometimes a Difficlt Sell for the Big Mobile Carriers" talks about fentocells, which are small boxes that act like miniature cellular towers, and have long been held out as a solution to spotty cellphone service andd ropped calls. But the devices which plug into broadbank Intenet connections to provide improved coverage inside homes, ahve been slow to catch on with consumers since they hit the market late last year. AT&T doesn't sell femtocells. Verizon Wireless and Sprint Nextel offer the devices though mostly as a stop gap in areas of poor coverage. It sells from around $250 and is made by Samsung.

AA $12.42 -0.14 1.11% 30,727,821 NYSE: No mentions found.

AXP $32.67 -0.18 0.55% 14,356,175 NYSE: No mentions found.

Bank of Am BAC $17.35 -0.11 0.63% 315,026,121 NYSE: AJC pA8 "Bank of America argues settlement with SEC fair" says BAC defended the fairness of a proposed $33 mil it struck with fed regulators over exec bonuses paid out by Merrill Lynch. Similar theme at USA Today p5B "BofA asks judge to KO $33 million fine."

WSJ pA1 "Slump Spurs Grab for Markets" says that there may be some winners in the recession such as JPMorgan who is raking in money from depositors as weaker banks fall. It also says BofAm's mortgage and insurance arm lost money in the second quarter, bu mortgage refinancing volume was up significantly.

NYT pB1 "Focus Shifts to Lawyers' Actions in Case of Merrill's Bonuses" says responding to questions posed by a fed judge, BAC and SEC lawyers said BAC had relied on its outside lawyers to fill in the fine print in the contracts blaming Wachtell, Lipton and Shearman & Sterling for any failure to disclose problems.

Inv Bus. Daily pA2 says BAC has agreed to pay $150 million to settle a class ation lawsuit accusing Merrill of misleading ivnestors re: sale of bonds and preferred stock.

Boeing BA $47.13 +1.26 2.75% 6,157,061 NYSE: WSJ pC6 "Large Stock Focus - Boeing Climbs 2.7%; Best Buy Falls 4.5%" says as the Dow Jones Industrial average rose for its fifth consecutive session, Boeing helped it stay aloft after receiving a contract from Canadian airline WestJet who ordered 14 737-700s. It aslo says Procter & Gamble's sale of its drug unit to Warner Chilcott shows more deals like that are coming as PG shed 0.24. BA is charted in the side bar "The Good News" saying WestJet ordered 14 planes.

CAT $47.56 +0.26 0.55% 9,771,630 NYSE: No mentions found.

Chevron CVX $70.76 +1.03 1.48% 9,650,867 NYSE: NYT pB7 "Shares Pause After Recent Gains, While Oil Rises" says worries about the consumer restrained Wall Street's momentum on Monday, reflecting investors' concerns that the economy might limp along if Americans did not start spending again. Investors edged away from consumer focused companies like clothing retailers, food companies and furniture makers noting that sahres of Home Depot and Coke fell the most among blue chip stocks. It says investors continued to warm to energy producers like Chevron and ConocoPhillips.
CSCO $22.06 -0.13 0.59% 52,669,350 NASDAQ-GS

Coke KO $49.06 -0.85 1.7% 10,869,883 NYSE: WSJ pB3 "Heart Group takes Aim At Sugar in Soft Drinks" says the American Heart Association fire a shot against the soft drink industry, with a scathing report urging consumers to cut back on sugary drinks. The warning was an unexpected blow for soda makers like KO and Pepsi which are already hurting from a decline in soda sales and have struggled for years to fend off criticism that their drinks are not healthy.

NYT pB7 "Shares Pause After Recent Gains, While Oil Rises" says worries about the consumer restrained Wall Street's momentum on Monday, reflecting investors' concerns that the economy might limp along if Americans did not start spending againt. Investors edged away from consumer focused companies like clothing retailers, food companies and furniture makers noting that sahres of Home Depot and Coke fell the most among blue chip stocks. It says investors continued to warm to energy producers like Chevron and ConocoPhillips.

DD $32.33 -0.38 1.16% 4,601,058 NYSE: No mentions found.

Disney DIS $26.8 +0.01 0.04% 9,181,789 NYSE: Inv. Bus. Daily pA4 "Comcast's Stealth Internet Strategy evolving Under the Radar" says its Fancast.com lags Hulu which is a joint venture of NBC Univesal, News Corp. and Dis in veiwership and online ad revenue altho Comcast has big ambitions for the Web site.

XOM $71.3 +1.38 1.97% 25,591,603 NYSE: No mentions found.

GE $14.2 -0.01 0.07% 83,293,542 NYSE: No mentions found.

HPQ $44.79 +0.01 0.02% 15,081,651 NYSE: No mentions found.

Home Depot HD $27.03 -0.47 1.71% 16,187,952 NYSE: WSJ pB3 "Lowe's Plans Retail oint-Venture in Australia" says Lowe's plans to expand into Australia through a joint venture with that nation's top retailer, Woolworths Ltd. Lowe's is the second largest home improvement chain have Home Depot.

NYT pB7 "Shares Pause After Recent Gains, While Oil Rises" says worries about the consumer restrained Wall Street's momentum on Monday, reflecting investors' concerns that the economy might limp along if Americans did not start spending againt. Investors edged away from consumer focused companies like clothing retailers, food companies and furniture makers noting that sahres of Home Depot and Coke fell the most among blue chip stocks. It says investors continued to warm to energy producers like Chevron and ConocoPhillips.

INTC $18.76 -0.1301 0.69% 38,682,921 NASDAQ-GS: No mentions found.

IBM $119.32 -0.58 0.48% 6,360,699 NYSE: No mentions found.

JPMorgan JPM $43.01 -0.65 1.49% 40,004,669 NYSE: WSJ pB3 has an item about Reader's Digest filing for bankruptcy on Monday as was expected and says that under their proposed plan the senior lenders led by JPM would swap a significant amount of their $1.6 billion in debt for about a 92.5% stake in the reorganized company. Similar theme at NT pB7.

WSJ pA1 "Slump Spurs Grab for Markets" says that there may be some winners in the recession such as JPMorgan who is raking in money from depositors as weaker banks fall. It also says BofAm's mortgage and insurance arm lost money in the second quarter, bu mortgage refinancing volume was up significantly.

JNJ $61.28 +0.25 0.41% 10,462,051 NYSE: No mentions found.

KFT $28.4 -0.41 1.42% 9,923,971 NYSE: No mentions found.

MCD $55.91 -0.36 0.64% 6,638,557 NYSE: No mentions found.

MRK $32.5 -0.06 0.18% 13,074,760 NYSE: No mentions found.

Microsoft MSFT $24.64 +0.23 0.94% 54,156,640 NASDAQ-GS: AJC pA8 "Yahoo to upgrade search before Microsoft deal" says eve though Yahoo will lean on MSFT's search engine, Yahoo said it will keep innovating in the field as it previewed an upcoming overhaul to its search page that will include a feature that will let users look at results from social hubs such as Facebook and Twitter. The new look will be unveiled by year end just before Yahoo hopes to embrace MSFT's search technology. Similar story at WSJ pB4 "Yahoo Retools Email, Messaging" and at USA Today pB1 and at INv Bus Daily pA2.

WSJ pB6 "Nokia Jumps Into Market For Netbooks" says Nokia unveiled a netbook computer, the Nokia Booklet 3g, using MSFT's Windows software that marks Nokia's entry into this fast growing but crowded sector that is blurring the lines between PC companies and handset makers. Similar theme at NYT pB5 "Nokia Plans to Enter the Market for Netbooks - The company last made computers in the 1980s." Similar story at Fin Times p12 "Nokia branches out with netbook launch" and front page of Investor's Bus. Daily "Nokia Will Attack converging Market With Frist Netbook."

AJC pA8 "Apple's new operating system set for sale Friday" says Apple's latest operating system software, Snow Leopard, will go on sale this week and will precede by 2 months the launch of MSFT's next operating system, Windows 7.

WSJ pC10 "Heard on the Street - Is google Sitting on the Clock of eBay" asks if Google is the next eBay saying competition from MSFT's search enginge, Bing, is showing signs of life altho its market share isonly 4.9% but it will rise assuming the deal with yahoo is completed.

Procter & Gamble PG $53.34 -0.24 0.45% 11,781,726 NYSE: PG's sale of its prescription drug business for $3.1 bil to Warner Chilcott is netioned in a story at WSJ pB3 "Advent to Acquire Charlotte Russe"which is a clothing retailer. The deal is also mentioned at WSJ pC10 "Warner Chilcott's Shrewd Drug Gamble" and at NYT pB3"With Sale, P&G Exits Global Drug Business," and "Warner Chilcott/P&G."

WSJ pB5 "P&G Deal Suggest More Pruning" says that analysts are saying that the sale of PG's drug unit suggests that PG will sell other noncore businesses and that this is only the first deal of many under Bob McDonald who became CEO in July.

Fin Times p11 "P&G sheds pharma division" says the debt funded deal ends PG's move into the highly competitive medicines sector.

WSJ pC6 "Large Stock Focus - Boeing Climbs 2.7%; Best Buy Falls 4.5%" says as the Dow Jones Industrial average rose for its fifth consecutive session, Boeing helped it stay aloft after receiving a contract from Canadian airline WestJet who ordered 14 737-700s. It aslo says Procter & Gamble's sale of its drug unit to Warner Chilcott shows more deals like that are coming as PG shed 0.24.

MMM $72.56 -0.08 0.11% 2,504,464 NYSE: No mentions found.

TRV $47.95 -0.25 0.52% 4,361,178 NYSE: No mentions found.

UTX $59.3 +0.59 1% 5,756,776 NYSE: No mentions found.

Verizon VZ $31.41 +0.04 0.13% 8,607,045 NYSE: AJC pA8 "Fairpoint's network move against Verizon probed" says regulators in Vt., NH, and Maine are looking into allegaions that Fairpoint Communications faked its readiness to take over the region's dominant telephone network from Verizon during a review by a consultant to the states.

Walmart WMT $51.55 +0.19 0.37% 11,460,429 NYSE: Inv. Bus Daily pB3 "Cost controls Aid Results for Apparel Chains" says the apparel retailing industry is improving with six companies boasting earnings per share ratings above 90 and mentions that good inventory control was cited when Kohl's and WMT reported earnings earlier this month.

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