9/17/09 am Thurs. Coke Upset at Tax on Soft Drinks

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

Post #111 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 as of 9/17/09, a list of the Dow 30 CEO's and a ranking of the Dow 30 by market capitalization.

A read of Thursday's 9/17/09 print editions of: Wall Street Journal, Financial Times, Investors Business Daily, New York Times, Atl Journal Const, & USA Today and other print magazines 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 Thursday's closing price and related data:

Dow: WSJ pC1 "Dow Jumps 108.30, Sniffing 1000 Again" by Peter A. McKay says stocks hit a fresh round of highs for 2009, with the Dow Jones Industrial Average a little more than 200 points shy of the 1000 mark, as surprisingly strong data about industrial production helped boost hopes for economic recovery. The Dow hit its highest close since last Oct. 6, 3 weeks after the collapse of Lehman Brothers. GE lead Wed's gains, up 6.3%.

WSJ pC5 "Large Stock Focus - Hartford Financial And tullow Oil Surge" by Geoffrey Rogow says American Express and Hartford paced a round of buying in financials, as that sector, with a nudge from Anadarko Petroleum and some other energy firms, helped Us stocks close once again at levels unseen in about a year. GE was up 6.3% and JPMorgan was up 3.4%. Verizon slid 1.9% after it was cut to a neutral rating from buy by UBS.

Fin Times p30 "Fresh US deal activity strengthens equity rally - Oil and gold prices coninue to rise - Dollar weakens against the yen" by Dave Shellock says equities, credit derivatives and gold all reached multimonth peaks yesterday as further good news on the US economy and a fresh burst of bid and merger activity bolstered risk appetite and kept the dollar on the back foot (this must be a British idiom).

Fin Times p30 S&P hits 2009 peak, with oil and bank stocks leading gains" by Samantha Pearson says a major oil discovery off the coast of Africa and positive economic data helped US stocks rally to fresh highs for the year. The energy sector propelled the market upward after a consortium of oil companies led by Anadarko petroleum said it made an oil find near Sierra Leone. Chevron rose 1.1% after optimism seeped across the rest of the sector. BofA was up 2.7% and JPM rose 3.4%.

NYT pB8 "Stocks And Bonds - Shares rise on Bets For Economic Rebound" by Jack Healy says stock markets stampeded higher on Wed., and major Wall Street benchnmarks touched their highest levels of the year on optimism that an economic rebound was under way. Investors anticipating a resurgence in industrial output snapped up crude oil, copper and othe raw materials used to feed factories. Those who expect inflation pushed the price of gold higher. And optimistic stock traders helped to send the Dow more than 100 points higher. BofA and JPM increases were noted.

USA Today p1B "Dow closes in on 10,000 - Stocks keep gaining despite warnings" by Adam Shell says after watching the stock market fall off a cliff in early March, not many on Wall Street though the battered Dow, which sank to 6547, had a chance to get back to its high of 14,165, or even Dow 10,000, any tiime soon. But with the Dow Jones industrials up eight of the past 9 sessions and just a tad more than 200 points shy of the 10,000 milestone, traders might soon have to break out their 10 year old "Dow 10,000" rally caps, despite the Dow ahving been nearly 3,250 points lower six months ago.

USA Today p4B "Markets wednesday - Industrial output powers up stocks" says US stocks rose for a third consecutive day Wed., hitting fresh 2009 highs in a broad based rally following economic data that suggested a stronger than anticipated global recovery. Energy and manufacturing cmopanies were among the strongest, benefiting from data indicting improved industrial demand and a falling dollar, which makes American exports more copetitive in world markets. Financial companies also were top gainers.

The Dow Jones Industrial Average closed Wednesday at 9791.71 up 108.3 or 1.12% from Monday's close of 9683.41. Of the 30 Dow Companies: 23 gained, 4 declined and 2 were unchanged (Hewlett-Packard and Microsoft) with the biggest loser being Verizon VZ $30.41 -0.59 1.9% 27,280,926 NYSE and the biggest gainer being IBM $121.82 +2.47 2.07% 10,697,909 NYSE.

The current divisor for the Dow found at today's page C4 of The Wall St. Jrnl is .132319125 unchanged. Wednesday's Dow Jones Industrial Average closing numerator was 1295.63 up 14.33 from Tuesday's closing Dow numerator of 1281.3. 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 14.33 by the divisor you get 108.3, the increase in Wednesday's Dow close.

The average closing price (the closing numerator divided by 30) of Wednesday's Dow Jones Industrial Average was 43.19 up 0.48 from Tuesday's Dow Jones Industrial Average closing price of 42.71. The median closing price of Wednesday's Dow Jones Industrial Average was 40.25 up 1.33 from Wednesday's Dow Jones median closing price of 38.92. The highest closing price Wednesday again was IBM $121.82 +2.47 2.07% 10,697,909 NYSE and the lowest closing price Wednesday again was Alcoa AA $14.47 +0.48 3.43% 44,208,957 NYSE.

The lowest volume Wednesday again was 3M MMM $75.38 +0.70 0.94% 2,720,821 NYSE and the highest volume again was Bank of Am BAC $17.25 +0.46 2.74% 188,874,918 NYSE.

If Wednesday 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 $1,440
($129,570 - $128,130)

T $26.54 -0.16 0.6% 25,325,871 NYSE: No mentions found.

AA $14.47 +0.48 3.43% 44,208,957 NYSE: No mentions found.

American Express AXP $35.84 +1.19 3.43% 15,046,448 NYSE: WSJ pC5 "Large Stock Focus - Hartford Financial And Tullow Oil Surge" by Geoffrey Rogow says American Express and Hartford paced a round of buying in financials, as that sector, with a nudge from Anadarko Petroleum and some other energy firms, helped US stocks close once again at levels unseen in about a year.

Bank of America BAC $17.25 +0.46 2.74% 188,874,918 NYSE: WSJ pC3 "Cuomo Calls in 5 BofA directors - Audit Panel Draws Subpoenas in Probe of Merrill Purhcase" by Liz Rappaport, Dan Fitzpatrick & Joann S. Lublin says NY state atty gen'l, Andrew Cuomo, ramped up his investigation of Merrill's purchase by BAC and issued subpoenas to the five directors on the bank's audit committee at the time of the deal. Cuomo is weighing possible civil fraud charges agaisnt BofA CEO Kenneth Lewis and plans to subpoena all 15 of their directors who approved the deal in early Dec.

Related story at WSJ pC3 "Ex-Brokerage Chief: Pressured to Forgo Bonus by Thain" by Chad Bray says Merrill's former brokerage chief Robert McCann said the firm's former cheo, John Thain, gave him no choice but to voluntarily forgo his bonus in '08.

Story on Cuomo's actions at Fin Times p15 by Greg Farrell, at NYT pB1 by Zachery Kouwe, IBD pA2 and at AJC pA12.

WSJ pC3- an item says Macquarie Group hired a former Merrill Asian banker, Kalpana Desai, former head of mergers and acquisitions at BofA.

The New Yorker Magazine Sept. 21 issue p58 "A Reporter At Large - Eight Days - The battle to save the American financial system" by James B. Stewart has a day by day account of the fall of Lehman and the financial crisis. The story profiles JPMorgan Chase CEO Jamie Dimon's role in it all ending in the purchase of Bear by JPM and the purchase of Merrill by BofAm.

Fin Times p30 S&P hits 2009 peak, with oil and bank stocks leading gains" by Samantha Pearson says a major oil discovery off the coast of Africa and positive economic data helped US stocks rally to fresh highs for the year. The energy sector propelled the market upward after a consortium of oil companies led by Anadarko petroleum said it made an oil find near Sierra Leone. Chevron rose 1.1% after optimism seeped across the rest of the sector. BofA was up 2.7% and JPM rose 3.4%.

BA $52.36 +0.29 0.56% 5,047,485 NYSE: No mentions found.

CAT $52.62 +0.92 1.78% 12,664,019 NYSE: No mentions found.

Chevron CVX $72.45 +0.82 1.14% 10,783,498 NYSE: Fin Times p30 S&P hits 2009 peak, with oil and bank stocks leading gains" by Samantha Pearson says a major oil discovery off the coast of Africa and positive economic data helped US stocks rally to fresh highs for the year. The energy sector propelled the market upward after a consortium of oil companies led by Anadarko petroleum said it made an oil find near Sierra Leone. Chevron rose 1.1% after optimism seeped across the rest of the sector. BofA was up 2.7% and JPM rose 3.4%.

Cisco CSCO $23.36 +0.38 1.65% 52,950,443 NASDAQ-GS: IBD pA5 "Omniture's Stock Closes Above Adobe's Per-Share Purchase Price - Microsoft Eyeing Bid? - Adobe CEO says its Web clients now can analyze, not just create, content" by Patrick Seitz says a day after Adobe Systems said it would buy Omniture for $1.8 bil, the Web analytics firm was trading above the $21.50 per share purchase price, a possible sign that investors think another bidder might merge. Topping the list of potential bidders is MSFT with other possible suitors include Cisco Systems, Google, IBM and Oracle.

Coke KO $52.67 +0.22 0.42% 12,721,188 NYSE: WSJ pD2 "New Report Argues For Tax on Soft Drinks" by Betsy McKay & Valerie Bauerlein says a report published online by the New England Journal of Meidcine on Wed amplified calls for a tax on sugar sweetened beveages, arguing that there is evidence such a meausre would help to reduce rates of diet related sdiseases and health core costs. Beverage industry execs vehemently oppose the idea. Coke CEO Muhtar Kent called the proposed tax outrageous in a speech in Atlanta Mon as reported in this Blog yesterday.

Similar story at NYT pB1 by William Neuman.

AJC pA12 "Coke spreads Freestyle dispensers around Atlanta" says KO has put its Freestyle beverage dispensers in more than a dozen metro Atlanta restaurants as part of a test for what's been called the fountain of the future. Freestyle uses an interactive touch screen and micro-dosing tech to provide more than 100 beverages in the same space as a standard 8 valve founain machine and allows for a range of flavors.

DIS $28.37 +0.08 0.28% 9,917,259 NYSE: No mentions found.

DD $33.9 +0.75 2.26% 7,929,781 NYSE: No mentions found.

XOM $70.34 +0.85 1.22% 21,386,600 NYSE: No mentions found.

GE $17 +1 6.25% 263,218,497 NYSE: WSJ pC1 "Dow Jumps 108.30, Sniffing 1000 Again" by Peter A. McKay says stocks hit a fresh round of highs for 2009, with the Dow Jones Industrial Average a little more than 200 points shy of the 1000 mark, as surprisingly strong data about industrial production helped boost hopes for economic recovery. The Dow hit its highest close since last Oct. 6, 3 weeks after the collapse of Lehman Brothers. GE lead Wed's gains, up 6.3%.

WSJ pC5 "Large Stock Focus - Hartford Financial And Tullow Oil Surge" by Geoffrey Rogow says American Express and Hartford paced a round of buying in financials, as that sector, with a nudge from Anadarko Petroleum and some other energy firms, helped US stocks close once again at levels unseen in about a year. GE was up 6.3% and JPMorgan was up 3.4%.

Hewlett-Packard HPQ $45.64 unch unch 13,401,121 NYSE: WSJ pB3 "Oracle's Profit Rises 4% as Margins Improve" by Don Clark says Oracle's 1Q profit increased by 4% but the weak economy and Oracle's reluctance to invest in tech held down its revenues. Oracle CEO Larry Ellison discussed the benefits of a plan to bundle Sun's hardware (Oracle is waiting European approval in its $7.4 bil deal to buy Sun Microsystems) with Oracle's database software which he said would have twice the performance of a system introduced with HPQ hardware a year ago.

USA Today p3B "No PC required for HP printer - It could use a browser, though" by Edward C. Baig says home PCs and printers ahvegoen together ever since there were such things. So it is a revelation that the new HP Photosmart Premium TouchSmart Web All in One printer that the author tested doesn't have to be tethered to a computer. As the world's first Web connected home printer, it can print directly off the Internet via applliations or widgets that appear on its large liftup touch panel. The $400 multipurpose contraption, it also faxes, copies and scans, is available next week.

HD $28.06 +0.65 2.37% 17,502,540 NYSE: No mentions found.

INTC $19.65 +0.10 0.51% 48,588,432 NASDAQ-GS: No mentions found.

IBM $121.82 +2.47 2.07% 10,697,909 NYSE: WSJ pB7 'IBM Launches a Smart City Project in China" by Aaron Back says in its latest bid to get in on China's infrastructure boom, IBM is launching a smart city project with the northeastern Chinese city of Shenyang, using its technology to help the city address water treatment systems. IBS has shifted its focus in recent years toward software and consulting services.

WSJ pC2 "European Exchanges' Battle Goes High Tech" by Luke Jeffs & Digby Lanrer says the London Stock Exchange and Chi-X Europe struck deals that will upgrade their trading systems using high speed technology from IBM.

IBD pA5 "Omniture's Stock Closes Above Adobe's Per-Share Purchase Price - Microsoft Eyeing Bid? - Adobe CEO says its Web clients now can analyze, not just create, content" by Patrick Seitz says a day after Adobe Systems said it would buy Omniture for $1.8 bil, the Web analytics firm was trading above the $21.50 per share purchase price, a possible sign that investors think another bidder might merge. Topping the list of potential bidders is MSFT with other possible suitors include Cisco Systems, Google, IBM and Oracle.

JPMorgan JPM $44.65 +1.46 3.38% 38,184,398 NYSE: The New Yorker Magazine Sept. 21 issue p58 "A Reporter At Large - Eight Days - The battle to save the American financial system" by James B. Stewart has a day by day account of the fall of Lehman and the financial crisis. The story profiles JPMorgan Chase CEO Jamie Dimon's role in it all ending in the purchase of Bear by JPM and the purchase of Merrill by BofAm.

WSJ pC5 "Large Stock Focus - Hartford Financial And Tullow Oil Surge" by Geoffrey Rogow says American Express and Hartford paced a round of buying in financials, as that sector, with a nudge from Anadarko Petroleum and some other energy firms, helped US stocks close once again at levels unseen in about a year. GE was up 6.3% and JPMorgan was up 3.4%.

Fin Times p30 S&P hits 2009 peak, with oil and bank stocks leading gains" by Samantha Pearson says a major oil discovery off the coast of Africa and positive economic data helped US stocks rally to fresh highs for the year. The energy sector propelled the market upward after a consortium of oil companies led by Anadarko petroleum said it made an oil find near Sierra Leone. Chevron rose 1.1% after optimism seeped across the rest of the sector. BofA was up 2.7% and JPM rose 3.4%.

JNJ $60.19 +0.04 0.07% 10,389,442 NYSE: No mentions found.

Kraft KFT $26.27 +0.19 0.73% 17,031,799 NYSE: WSJ pB1 "Cadbury, On Its Own, Says Future Looks Sweet by Cecile Rohwedder says Cadbury's CEO Todd Stitzer laid out ambitious growth plans for Cadbury defiantly ignoring the possibility that Kraft's bid to buy it may prevail. He predicted that from 2010 on Cadbury would provide strong free cash flow that will generate enough funds to capitalize new growth opportunities.

Similar story at Fin Times p17 by Jenny Wiggins.

MCD $56.47 +1.49 2.71% 16,889,981 NYSE: No mentions found.

MRK $32.17 -0.53 1.62% 14,652,930 NYSE: No mentions found.

Microsoft MSFT $25.2 unch unch 48,992,631 NASDAQ-GS: NYT B1 "tuning In A zippier Zune" by David Pogue says reviews the new Zune which replaces the old models and is Microsoft's version of the iPod Touch. he says it is a gorgeous multitouch screen with a handosme beveled metal case that weights next to nothing but feels expensive and solid. He says it is every bit as joyful, polished and satisfying as its rival.

AJC pA12 "Microsoft swaps photos for text in some searches" says MSFT is testing a way to display some search results as galleries of moveable images instead of text links, part of its ongoing attempt to differentiate its Bing search engine from Google.

IBD pA5 "Omniture's Stock Closes Above Adobe's Per-Share Purchase Price - Microsoft Eyeing Bid? - Adobe CEO says its Web clients now can analyze, not just create, content" by Patrick Seitz says a day after Adobe Systems said it would buy Omniture for $1.8 bil, the Web analytics firm was trading above the $21.50 per share purchase price, a possible sign that investors think another bidder might merge. Topping the list of potential bidders is MSFT with other possible suitors include Cisco Systems, Google, IBM and Oracle.

PFE $16.42 +0.21 1.3% 45,100,377 NYSE: No mentions found.

Procter & Gamble PG $55.31 +0.28 0.51% 12,377,476 NYSE: NYT pB1 "Fight Grows Over Labels On Household Cleaners" by Leslie Wayne says Procter & Gamble, the maker of Mr. Clean, is under pressure to come clean itself as it faces questions from consuemrs about the chemical in their products. some of the chemicals have been associated with asthma, birth defects and fertility problems.

MMM $75.38 +0.70 0.94% 2,720,821 NYSE: No mentions found.

TRV $48.85 -0.16 0.33% 5,230,984 NYSE: No mentions found.

UTX $61.95 +0.66 1.08% 7,254,288 NYSE: No mentions found.

Verizon VZ $30.41 -0.59 1.9% 27,280,926 NYSE: WSJ pC5 "Large Stock Focus - Hartford Financial And Tullow Oil Surge" by Geoffrey Rogow says American Express and Hartford paced a round of buying in financials, as that sector, with a nudge from Anadarko Petroleum and some other energy firms, helped US stocks close once again at levels unseen in about a year. GE was up 6.3% and JPMorgan was up 3.4%. Verizon slid 1.9% after it was cut to a neutral rating from buy by UBS.

Walmart WMT $50.04 +0.11 0.22% 17,503,512 NYSE: WSJ pB6 "Symbol Feeds Publishers' Hopes - Dan Brown Thriller Sells Briskly but Outlook for Fall Books is Still a Mystery" by Jeffrey A. Trachtenberg says Dan Brown's latest thriller is selling briskly, "The Lost Symbol". The book is being heavily discounted by retailers; WMT is offering the book on its Web site at 52% off the $29.95 cover price.

Here are the latest SEC filings as of 9/18/09 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: 8/28/09 two 8K's, one: announcing it had reached agreement with the Communications Workers of America (on a new, three-year contract covering approximately 7,000 wireline employees (located across the U.S.) under the CWA Communications and Technologies contract, subject to approval by these employees. The second 8K said two subsidiaries of Tprovided redeemed certain long-term debt issues as of September 28, 2009.

Alcoa AA: 8/29/09 8K announcing that Alain J. P. Belda, executive Chairman of the Board of Directors of AA retired as an executive officer but is staying on as a director until April 23, 2010.

American Express AXP: 9/15/09 8K annoucing delinquency and write-off statistics for the lending portfolio of its U.S. Card Services operating segment for the months ended June 30, July 31 and August 31, 2009.

9/2/09 10Q;

Bank of Am BAC: 9/16/09 a free writing prospectus regarding issuance of $54 million in debt securities.

Boeing BA: 9/16/09 announcing that pursuant to a 1978 SEC settlement, BA informed the SEC of a change in its policy re the appointment of foreign consultants and to whom they report.

8/31/09 8K announcing the retirement of Scott E. Carson, Executive Vice President, President and Chief Executive Officer, Boeing Commercial Airplanes, effective January 1, 2010. Effective September 1, 2009, Mr. Carson will leave his current position and assume the role of Executive Vice President. Carson will be replaced by James F. Albaugh.

8/27/09 8K announcing a revised schedule for the 787 Dreamliner and a charge to third quarter earnings related to flight test aircraft.

Caterpiller CAT: 9/1509 8K announcing CAT and Navistar International Corporation (NYSE: NAV)formed a joint venture transaction resulting in a new company, NC2 Global LLC, to serve the global commercial truck market to be based in Chicago.

8/20/09 8K CAT filed Reg FD information concerning deliveries to users for its Machinery and Engines lines of business.

Chevron CVX: 8/6/09 10Q

Cisco CSCO: 9/11/09 10K

9/9/09 8K Cisco appointed Arun Sarin, former CEO of Vodafone Group Plc, to its Board of Directors. He will a $75,000 annual retainer, $2,000 per committee meeting attended, and 16,666 shares.

9/4 8K annoucing bonus payments for '09 fiscal year to: John T. Chambers, Chairman and Chief Executive Officer, $2,031,000; Frank A. Calderoni, Executive Vice President, Chief Financial Officer, $900,000; Wim Elfrink, Executive Vice President, Cisco Services and Chief Globalization Officer, $1,000,000; Randy Pond, Executive Vice President, Operations, Processes and Systems, $900,000; and Richard J. Justice, former Executive Vice President, Worldwide Operations and Business Development and current Executive Vice President – Executive Advisor, $750,000.

Coke KO: 7/30/09 10Q

Disney DIS: 9/16 Prospectus related to the takeover of Marvel.

8/31/09 8K announcing a merger between its subsidiary, Maverick Acquisition Sub, Inc., and its subsidiary, Maverick Merger Sub, LLC, a single member Delaware limited liability company and Marvel Entertainment, Inc.. As a result of the Merger, Marvel will become a wholly owned subsidiary of Disney. Each share of Marvel common stock will be converted into $30 in cash and 0.7452 shares of Disney common stock.

DuPont DD: 8/13/09 8K announcing 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 DD'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 will retire effective September 30, 2009.

ExxonMobil XOM: 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.

Hewlett-Packard HPQ: 9/17 8K On 9/17/09 HPQ elected Marc L. Andreessen as a dierctor and chair of the Technology Committee of the Board. Andreessen is a co-founder and general partner of Andreessen Horowitz, a venture capital firm, and a co-founder and chairman of Ning, Inc., an online platform for people to create their own social networks. Andreessen co-founded Opsware Inc. & served as chief technology officer of America Online, Inc. and was a co-founder of Netscape Communications Corporation.
Andreessen gets an retainer of $100,000, an annual equity retainer of $150,000, and $2,000 in cash for each Board meeting attended in excess of six per year. Mr. Andreessen also will be eligible to participate in the product matching portion of the HP Employee Giving Program under which each non-employee director may contribute up to $100,000 worth of HP products each year to a qualified charity by paying 25% of the list price of those products, with HP paying the remaining 75%. In addition, Mr. Andreessen will receive an annual retainer of $10,000 for service as the chair of the Technology Committee. HPQ also increased the number of HPQ directors from ten to eleven.

9/8 10-QA

9/4 10-Q

Home Depot HD: 9/3 10-Q

8/26/09 8K announcing amendments to their By-Laws dealing with resignations of directors.

Intel INTC: 9/16/09 An intranet article re the Stock Option Exchange Program.

9/15/09 8K Intel is consolidating all of its major product divisions into the newly formed Intel Architecture Group, which will be co-managed by Sean Maloney and David (Dadi) Perlmutter, executive vice presidents. Maloney will be responsible for business and operations while Perlmutter will lead product development and architecture. Paul Otellini, CEO, will devote more time to corporate strategy and driving the company’s growth initiatives. Intel’s global manufacturing organization, the Technology and Manufacturing Group will now report to Andy Bryant, Intel’s chief administrative officer. Pat Gelsinger and Bruce Sewell, General Counsel, will leave INTC.

8/28/09 8K announcing that as a result of stronger than expected demand for microprocessors and chipsets, Intel now expects revenue for the third quarter to be $9.0 billion, plus or minus $200 million, as compared to the previous range of $8.5 billion, plus or minus $400 million. The gross margin percentage for the third quarter is expected to be in the upper half of the previous range of 53 percent, plus or minus two percentage points. The company is scheduled to report its third-quarter financial results on Oct. 13.

IBM: 9/8/09 8K IBM representatives will be meeting with a number of institutional investors through mid-September.

7/28/09 10Q

JPMorganChase JPM: 9/17/09 prospectus reReverse Exchangeable Notes due December 21, 2009 Linked to Eight Equally Weighted Reference Stocks and in preceding days there were similar prospectuses.

9/2/09 Free Writing Prospectus relating to Core commodity C-IGAR Sigma Long-Short Index

Johnson & Johnson JNJ: 8/4/09 10Q

Kraft KFT: 9/9/09 prospectus relating to Kraft's bid to take over Cadbury that was announced on 9/7/09.

9/9/09 8K announcing a strategic update, including a review of the company’s successful three-year turnaround plan.

8/5/09 10Q

McDonalds MCD: 9/9/09 8K announcing that global comparable sales rose 2.2% in August and by segment performance was as follows: U.S. up 1.7%; Europe up 3.5%; andAsia/Pacific, Middle East and Africa declined 0.5%.

8/11/09 re: press release "McDonald’s Reports Global Comparable Sales Up 4.3% in July"

Merck MRK: 8/3/09 Sched 14A proxy material re: updated of acquisition of Schering-Plough

Microsoft MSFT: 9/11/09 8K James Cash to retire from Board of Directors. The
Harvard Business School professor and senior associate dean emeritus had served on the board since 2001. With Cash’s departure, the Microsoft board will have nine members: Bill Gates, chairman of Microsoft; Steve Ballmer; Dina Dublon, former chief financial officer of JPMorgan Chase; Raymond V. Gilmartin, former chairman, president and chief executive officer of Merck & Co. Inc.; Reed Hastings, founder, chairman and CEO of Netflix Inc.; Maria M. Klawe, president, Harvey Mudd College; David F. Marquardt, general partner at August Capital; Charles H. Noski, former vice chairman of AT&T Corp.; and Dr. Helmut Panke, former chairman of the board of management at BMW AG.

8/24/09 S-8 Securities to be offered to employees in employee benefit plans

Pfizer PFE: 9/2/09 8K announcing an agreement with the U.S. Department of Justice to settle an investigation regarding off-label promotional practices related to Bextra, which Pfizer withdrew from the market in 2005 and other DOJ investigations involving off-label promotional practices concerning Zyvox, Geodon and Lyrica, and allegations related to payments to healthcare professionals involving these and nine other Pfizer medicines. Pfizer previously disclosed a related $2.3 billion charge to its fourth-quarter and full-year 2008 earnings in connection with the DOJ agreement in principle on January 26, 2009. PFE has reached agreements with attorneys general in 432 states to settle state civil consumer protection allegations regarding promotional practices concerning Geodon. PFE will pay a total of $33 million to the settling states.

Procter & Gamble PG: 9/10/09 8K confirmed its fiscal year 2010 and July – September quarter outlook for organic sales growth. The company also stated it expects to return to organic sales growth in the October – December quarter compared to prior year levels, following two quarters of organic sales declines. P&G also updated earnings per share guidance to include the anticipated impacts from the Pharmaceutical divestiture, which was announced on August 24, 2009. For fiscal year 2010, P&G confirmed previous guidance for organic sales growth of one to three percent. P&G expects net sales in the range of flat to up three percent versus prior year levels, which includes a foreign exchange impact of zero to minus one percent. P&G now expects fiscal 2010 earnings per share in the range of $3.99 to $4.12 per share. This includes a one-time net increase in earnings of $0.44 per share from the sale of the Pharmaceutical business, which will be partially offset by $0.10 to $0.12 per share of earnings dilution related to the transaction.

8/28/09 S-8 Securities to employees and 8/28 8K annoucning public offering of $500,000,000 aggregate principal amount of 3.150% Notes due 2015.
Also a PG subsidiary, Procter & Gamble International Funding SCA issued $1,000,000,000 aggregate principal amount of 1.350% Notes due 2011.

3M MMM: 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.

Travelers TRV: 8/5/09 10Q/A Amended 10Q

United Technologies UTX: 7/24/09 10Q

Verizon Communications Inc. VZ: 9/10/09 8K announcing VZ's cash flow and balance sheet are strong, and VZ recently increased its dividend for the third consecutive year. VZ is not planning for any economic improvements in the second half of 2009. Verizon expects that economic conditions will continue to pressure revenues and margins in the second half of 2009, particularly in its Wireline segment. VZ expects to add one million wireless customers per quarter for the next several quarters.
o The company expects to achieve its stated Alltel cost synergy targets & greater cash flow from operations in the second half of 2009 compared to the first half of 2009.

9/4/09 8K VZ raised its quarterly dividend 3.3% to 47.5 Cents per Share. This is the third consecutive year that VZ has approved a quarterly dividend increase in September.

9/4/09 8K annoucning retirement of Dennis F. Strigl, President and Chief Operating Officer of Verizon Communications Inc.

Wal-Mart WMT: 9/14/09 Prospectus re debt securities of $364,600,000

9/9/09 10Q

8/13/09 8K re 7/31/09 2Q report of earnings

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 replaced 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

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest billion as of 9/17/09:

1. Exxon Mobil XOM $345
2. Microsoft MSFT 225
3. WalMart WMT 193
4. GE 180
5. JPMorgan Chase 167
6. Johnson & Johnson JNJ 166
7. IBM 163
8. Procter & Gamble PG 161
9. AT&T T 156
10. Chevron CVX 145
11. Cisco CSCO 135
12. Coke KO 122
13. Pfizer PFE 111
14. Intel INTC 110
15. Bank of Am BAC 110
16. Hewlett-Packard HPQ 109
17. Verizon VZ 86
18. Merck MRK 68
19. McDonald's MCD 62
20. United Technologies UTX 58
21. Disney DIS 53
22. 3M MMM 53
23. Home Depot 48
24. American Express AXP 42
25. Kraft KFT 39
26. Boeing BA 38
27. Caterpillar CAT 33
28. DuPont DD 31
29. Traveler's TRV 28
30. Alcoa AA 14