Monday, October 5, 2009

10/5/09 am Mon. BofA to Pick Emergency CEO

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

Post #142 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 9/25/09, a list of the Dow 30 CEO's and a ranking of the Dow 30 by market capitalization.

A read of Monday's 10/5/09 print editions of: Wall Street Journal, Financial Times, Investors Business Daily, New York Times, Atl Journal Const, & 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: The current divisor for the Dow found at today's page C4 of The Wall St. Jrnl is .132319125 unchanged where it is also noted that as of open today the Dow's trailing P/E ratio is 15.31, its P/E estimate is 15.32and its Dividend yield is 2.94.

AT&T T $26.49 -0.12 0.45% 22,761,884 NYSE: WSJ pA19 "Google and the Problem With Net Nueutrality" by Bret Swanson says on 9/25 AT&T accused Google of violating the net neutrality principles Google has righteously sought for others. Net ueutrality is based on the concept of an open and fair Web, where all apps and data packets are treated equally. Google says it doesn't have to abide by rules meant for telecom companies. But with the Internet obliterating such distinctions, this defense exposes net neutrality's inherent flaws. Google Voice is a new services that rings all of a user's phone lines simultaneously and provides conference calling and voice mail features. It is possible because the Web and phone lines have converged and Google uses the broadband networks. But google Voice blocks access to some rural areas and conferencing services that would impose big fees on Google. This is what AT&t is challenging because AT&T uses AT&T's and others expensive network.

AA $12.82 -0.10 0.77% 33,512,197 NYSE: No mentions found.

AXP $32.51 +0.05 0.15% 11,462,176 NYSE: No mentions found.

Bank of America BAC $16.265 +0.055 0.34% 214,319,182 NYSE: WSJ pC3 "BofA to Select Emergency CEO - Directors Plan to Make Pick This Week in Case Lewis Must Leave Early" by Dan Fitzpatrick, Michael R. Crittenden says the directors will meet this week to make this decision. Another awful picture of departing Kenneth Lewis accompanies this story with Lewis in his famous scowl.

Similar story at Fin Times p20 "Lewis departure plan sets scene at BofA for factions' clash - The battle lines have been drawn, by Greg Farrell, Francesco Guerrera.

BA $51.36 -0.75 1.44% 5,675,568 NYSE: No mentions found.

CAT $48.81 -0.64 1.29% 10,202,674 NYSE: No mentions found.

CVX $68.082 -0.728 1.06% 8,126,330 NYSE: No mentions found.

Cisco CSCO $22.67 -0.42 1.82% 41,235,127 NASDAQ-GS: WSJ pB1 "Network Specialist Brocade Up for Sale - Amid Industry Consolidation, Data-Storage Supplier May Interest Firms Such as H-P or Oracle" by Jeffrey McCracken, Ben Worthen, Justin Scheck says data storage and networking company Brocade communications Systems Inc. has put itself up for sale. Hewlett-Packard is among those kicking the tires. In the past, HPQ invested relatively little money in its own networking division, called ProCure, instead choosing to resell equipment made by Cisco which dominates the networking market. But over the past year, HPQ and Cisco have gone from being allies to being rivals as Cisco moved into HP's core corporate computer business when it started selling a system that combines server computers with network switches. HP in turn introduced its own system that combines those functions but has had to rely on other vendors to provide parts. By acquiring Brocade, HP wold be able to offer a wider range of network gear.

KO $53.86 +0.74 1.39% 11,488,306 NYSE: No mentions found.

DIS $27.2 -0.16 0.58% 12,889,159 NYSE: No mentions found.

DD $30.54 -0.06 0.2% 6,241,854 NYSE: No mentions found.

XOM $66.54 -0.73 1.09% 18,580,234 NYSE: No mentions found.

GE $15.3683 -0.6017 3.77% 118,917,778 NYSE: WSJ pC10 "Overheard" says investor discontent with Comcast's decision to go after GE's NBC Universal has spilled over on its fellow cable operators as Time Warner Cable's shares dropped a total of 6.7% Thurs. and Fri.

Fin Times p19 "Too soon for stimulus exit plans, says GE exec" by Richard Milne says Nani Beccalli, head of GE International, who runs all of GE's businesses outside the US said he is warning governments not to withdraw their stimuls packages too early if they want to avoid plunging the world back into recession.

FT p18 "NBC goes in search of universal brand - The US network will streamline its overseas offering to reach an elusive $5 bil sales target" by Ben Fenton says GE's NBC Universal is to undergo a rebranding of its international tv business as it admits that it will not meet its target for overseas expansion.

WSJ pB2 "WalMart Scales Back DVD Dispalys" by Nat Worden says a recent shift in merchandising strategy by WMT spells more trouble for DVD sales. As part of an appeal to higher end shoppers, WMT is dong away with display cases to promote the latest hot movie titles but WMT has been adding low cost DVD rental kiosks near store entrances provided by Redbox Automated Retail LLc, a division of Coinstar Inc. Rebone's price of $1 is a threat to DVD sales and Newws Crop's 20th Century Fox, GE's Universal Pictures and Time Warner are locked in a legal battle with Redbox and refuse to make their new titles available to Redbox until 28 days after the movies' release.

Hewlett-Packard HPQ
$45.23 -0.73 1.59% 15,757,742 NYSE: WSJ pB1 "Network Speialist Brocade Up for Sale - Amid Industry Consolidation, Data-Storage Supplier May Interest Firms Such as H-P or Oracle" by Jeffrey McCracken, Ben Worthen, Justin Scheck says data storage and networking company Brocade communications Systems Inc. has put itself up for sale. Hewlett-Packard is among those kicking the tires. In the past, HPQ invested relatively little money in its own networking division, called ProCure, instead choosing to resell equipment made by Cisco which dominates the networking market. But over the past year, HPQ and Cisco have gone from being allies to being rivals as Cisco moved into HP's core corporate computer business when it started selling a system that combines server computers with network switches. HP in turn introduced its own system that combines those functions but has had to rely on other vendors to provide parts. By acquiring Brocade, HP wold be able to offer a wider range of network gear.

HD $26.03 -0.29 1.1% 11,955,788 NYSE: No mentions found.

Intel INTC
$18.97 +0.07 0.37% 55,972,279 NASDAQ-GS: WSJ pC1 "Borrowing for Dividends Raises Worries" by Liz Rappaport with a large photo of Intel's sign and that caption that Intel's deal to sell convertible bonds partly to buy back stock raised eyebrows in July.

IBM $118.89 +0.99 0.84% 6,901,571 NYSE: NYT pB4 "Microsoft Chief Criticizes IBM" says MSFT's CEO Steve Ballmer (pictured with a gesture showing him measuring something with his thumb and forefinger) criticized IBM's decisions over the last decade to dispose of its networking equipment, hard disk and PC businesses. Tech companies must pursue constant market expansion and diversity to stay alive and relevant, Ballmer said. He said IBM's footprint is more narrow today and that has not benefits their shareholders. At the end of the story it is stated that shahres of IBM are up 30% since '99 while shares of MSFT have dropped 30% during the same period.

JPM $41.8027 +0.4327 1.05% 39,977,084 NYSE: No mentions found.

JNJ $59.7 -0.11 0.18% 8,147,229 NYSE: No mentions found.

KFT $25.97 -0.02 0.08% 9,045,041 NYSE: No mentions found.

MCD $56.72 -0.02 0.04% 8,235,791 NYSE: No mentions found.

MRK $31.6401 +0.4601 1.48% 18,233,816 NYSE: No mentions found.

Microsoft MSFT $24.96 +0.08 0.32% 49,568,669 NASDAQ-GS: FT p18 "Microsoft dropping behind in mobile race - Windows release is just a stop gap" by Richard Waters says the latest version of Windows for mobile handsets due to be launched tomorrow should stem MSFT's losses to Apple and Google as it races to complete a more thorough overhaul of its mobile software. The stop gap release, Windows Mobile 6.5, is seen as essential in preventing Microsoft falling further behind Apple's iPhone and other touchscreen smartphones. Although MSFT had a big headstart int he mobile biz, the share of smartphones running Windows fell to 9.3% in 2Q from 12% a year earlier.

PFE $16.15 -0.16 0.98% 47,208,799 NYSE: No mentions found.

PG $56.75 +0.13 0.23% 13,017,371 NYSE: No mentions found.

MMM $71.93 -0.62 0.85% 3,227,584 NYSE: No mentions found.

TRV $49.04 +0.27 0.55% 4,901,072 NYSE: No mentions found.

UTX $59.63 -0.36 0.6% 4,642,498 NYSE: No mentions found.

VZ $29.89 -0.12 0.4% 16,349,203 NYSE: No mentions found.

WalMart WMT
$49.08 +0.08 0.16% 14,888,375 NYSE: WSJ pB2 "WalMart Scales Back DVD Dispalys" by Nat Worden says a recent shift in merchandising strategy by WMT spells more trouble for DVD sales. As part of an appeal to higher end shoppers, WMT is dong away with display cases to promote the latest hot movie titles but WMT has been adding low cost DVD rental kiosks near store entrances provided by Redbox Automated Retail LLcl, a division of Coinstar Inc. Rebone's price of $1 is a threat to DVD sales and Newws Crop's 20th Centure Fox, GE's Universal Pictures and Time Warner are locked in a legal battle with Redbox and refuse to make their new titles available to Redbox until 28 days after the movies' release.

Fin times p19 "Walmart cuts toy prices early" by Jonathan Birchall says Walmart, the largest US retailer, has launched its earliest Christmas marketing campaign, announcing last week that it would cut prices on 100 popular toys to less than $10.

WSJ pC10 "WalMart Sharpens Its Pricing Pincers" says there is a Walmart effect in the stock market becasue while many retailers are reducing spending and slashing prices due to the recession, WalMart has spent more and avoided price cuts but comparable store sales are barely growing. Story says WMT appears ready for an offensive that could hurt rivals' hpes for a sharp profit rebound. WaLmart's basket of 31 grocery products between Jan and Sept has lowered prices by 2.6% while Kroger fell 14.4% and Safeway had a 9.7% decline as a chart indicates.

WSJ pB1 "September Sales May Foreshadow Holidays" by Rachel Dkodes says Sept. sales reports are due Thurs by about 30 retailers including Macy's, Target, Gap but exclude WalMart and Best Buy because they don't report monthly figures.

*****************************************

Here are the latest SEC filings as of 9/25/09 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 T provided redeemed certain long-term debt issues as of September 28, 2009.

Alcoa AA: 7/29/09 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: 9/24/09 several free writing prospectus regarding issuance of securities.

Boeing BA: 9/15/09 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: 9/23/09 8K announcing a new credit agreement with The Bank of Tokyo-Mitsubishi UFJ, Ltd., that provides for an unsecured aggregate revolving credit facility to $2.38 billion that serves as an alternative source of funds, if necessary, for CAT's commercial paper programs.

9/21/09 8K furnishing supplemental information concerning deliveries to users for its Machinery and Engines lines of business. Caterpillar sells the majority of its machinery and engines to independently owned and operated dealers and Original Equipment Manufacturersto meet the demands of their customers, the end users. Retail Sales of Machines by marketing region for the 3-month rolling period compared with the same months of the prior year were down significantlly.

9/15/09 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: 9/23/09 Proxy Statement in connection with its Annual Meeting to be held 11/12/09.

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.

9/4/09 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: 9/22/09 Form S-4 Proxy and 9/16/09 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 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: 9/24/09 8K saying at its Securities Analyst Meeting, HPQ addressed how it is uniquely positioned to grow and expand in the global information technology market. “We expect the IT industry to return to growth in 2010 and believe that HP will outpace the market,” said Mark Hurd, CEO.

9/17/09 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.

9/8/09 10-QA

9/4/09 10-Q

Home Depot HD: 9/3/09 10-Q

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

Intel INTC: 9/21/09 A tender offer regarding exchange of some of its stock options with its employees.

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: 9/23/09 Various free writing prospectus re: issuance of securities.

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: 9/21/09 8K announcing that the acquisition by Sanofi-aventis of Merck’s 50 percent interest in Merial Limited (Merial) has been completed. Sanofi-aventis acquired Merck’s interest in Merial for a cash consideration of $4 billion. Formed in 1997, Merial is a leading animal health company that was a 50/50 joint venture between Merck and sanofi-aventis and is now a wholly-owned subsidiary of sanofi-aventis.

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: 9/24/09 11-K Annual Report of Employee Stock Option Plan.

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: 8K 9/11/09 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: 8K 9/18 Pricing agreement re: the 9/16 filed prospectus relating to $1 bil of Euro Note Offering at 4.875%

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 (on 10/1 he announced his resignation as of year-end).
BA W. James McNerney, Jr.
CAT James W. Owens
CVX David O'Reilly who will be replaced by John Watson at year end.
CSCO John Chambers
KO Muhtar Kent
DIS Robert Iger
DD Ellen Kullman
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 9/25/09:

1. Exxon Mobil XOM $331
2. Microsoft MSFT 231
3. WalMart WMT 196
4. GE 176
5. Procter & Gamble PG 169
6. JPMorgan Chase 167
7. Johnson & Johnson JNJ 167
8. IBM 162
9. At&t T 159
10. Chevron CVX 142
11. Cisco CSCO 131
12. Coke KO 121
13. Hewlett-Packard HPQ 112
14. Pfizer PFE 111
15. Intel INTC 109
16. Bank of Am BAC 109
17. Verizon VZ 86
18. Merck MRK 65
19. McDonald's MCD 61
20. United Technologies UTX 59
21. Disney DIS 52
22. 3M MMM 52
23. Home Depot 46
24. American Express AXP 40
25. Kraft KFT 39
26. Boeing BA 38
27. Caterpillar CAT 32
28. DuPont DD 29
29. Traveler's TRV 27
30. Alcoa AA 13