11/17/09 Tues. pm Dow Closes 10437.42 up 30.46 or 0.29%

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Post #216 The following is brought to you by Intellivest Securities Research, Inc. Towards the end of this Blog is a list of the Dow 30 CEO's, a ranking of the Dow 30 by market capitalization as of close of 11/6/09 and an update of the Dow 30's most recent SEC filings as of 11/6/09.

The Dow Jones Industrial Average closed Tuesday at 10437.42 up 30.46 or 0.29% from Monday's close of 10,406.96. Of the 30 Dow Companies: 7 declined, one, Pfizer, was unchanged and 22 gained. The biggest gainer dollar-wise was 3M MMM $78.78 +0.76 0.97% 3,094,510 NYSE and percentage-wise was Microsoft MSFT $30 +0.59 2.01% 75,232,093 NASDAQ-GS. The biggest decliner dollar-wise McDonald's MCD $63.57 -0.96 1.49% 8,500,607 NYSE and percentage-wise was Home Depot HD $26.99 -0.66 2.39% 31,032,704 NYSE.

As of the open of the market Tuesday, the current divisor for the Dow found at page C4 of The Wall St. Jrnl is .132319125 unchanged, the trailing P/E ratio is 18.02 up from Monday's 17.78 (year ago it was 17.28), the P/E estimate is 15.82 unchanged from Monday's 15.82 (year ago it was 10.35) and the current dividend yield is 2.67 down from Monday's 2.71 (it was 3.80 a year ago).

Tuesday's Dow Jones Industrial Average closing numerator was 1381.07 up 4.03 from Monday's closing Dow numerator of 1377.04. 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 of 4.03 for Tuesday by the divisor you get the increase in Tuesday's Dow close of 30.46.

The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was 46.04 up 0.14 from Monday's Dow Jones Industrial Average closing price of $45.90. The median closing price of Tuesday's Dow Jones Industrial Average was $42.26 up 0.02 from Monday's Dow Jones median closing price of $42.24. The lowest volume Tuesday was 3M MMM $78.78 +0.76 0.97% 3,094,510 NYSE and the highest volume again was Bank of Am BAC $15.77 -0.10 0.63% 110,149,272 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 $420.
($138,120 - $137,700)

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

AT&T T $26.28 -0.01 0.04% 21,469,243 NYSE
Alcoa AA $13.76 +0.15 1.1% 22,811,634 NYSE
American Express AXP $41.36 -0.08 0.19% 10,107,725 NYSE
Bank of America BAC $15.77 -0.10 0.63% 110,149,272 NYSE
Boeing BA $52.53 +0.05 0.1% 3,933,829 NYSE
Caterpillar CAT $59.88 -0.52 0.86% 7,077,025 NYSE
Chevron CVX $78.81 +0.20 0.25% 6,733,808 NYSE
Cisco CSCO $24.09 +0.22 0.92% 37,170,258 NASDAQ-GS
Coca-Cola KO $56.87 +0.13 0.23% 5,664,847 NYSE
Disney DIS $30.87 +0.17 0.55% 10,144,297 NYSE
DuPont DD $35.29 +0.35 1% 6,110,802 NYSE
ExxonMobil XOM $75.03 +0.60 0.81% 22,884,221 NYSE
GE $16.02 +0.02 0.12% 51,791,982 NYSE
Hewlett-Packard HPQ $51.32 +0.51 1% 15,775,095 NYSE
Home Depot HD $26.99 -0.66 2.39% 31,032,704 NYSE
Intel INTC $20.32 +0.09 0.44% 35,235,073 NASDAQ-GS
IBM $128.63 +0.42 0.33% 6,942,153 NYSE
J.P.Morgan Chase JPM $43.16 +0.12 0.28% 25,731,975 NYSE
Johnson & Johnson JNJ $62.17 -0.02 0.03% 11,417,902 NYSE
Kraft KFT $27.64 +0.01 0.04% 10,567,834 NYSE
McDonald's MCD $63.57 -0.96 1.49% 8,500,607 NYSE
Merck MRK $34.29 +0.48 1.42% 16,053,286 NYSE
Microsoft MSFT $30 +0.59 2.01% 75,232,093 NASDAQ-GS
Pfizer PFE $17.94 unch unch 27,048,648 NYSE
Procter & Gamble PG $62.31 +0.04 0.06% 9,906,836 NYSE
3M MMM $78.78 +0.76 0.97% 3,094,510 NYSE
Traveler's TRV $53.15 +0.21 0.4% 3,499,477 NYSE
United Technologies UTX $69.93 +0.59 0.85% 4,811,229 NYSE
Verizon VZ $30.65 +0.32 1.06% 16,183,142 NYSE
Walmart WMT $53.66 +0.50 0.94% 17,709,939 NYSE
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The following appeared in Tues. morning's Blog:

A read of Tuesday's 1/17/09 print editions of: Wall St. Journal, Financial Times, New York Times, USA Today, Investors Bus. Daily, Atlanta Journal Constitution, & Daily Report (Georgia) 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 Dow Jones Industrial Average closed Monday at 10406.96 up 136.49 or 1.33% from Friday's close of 10,270.47. Year to date the Dow is up 18.58%. Of the 30 Dow Companies: 4 declined) and 26 gained. The biggest gainer dollar-wise was ExxonMobil XOM $74.43 +1.96 2.7% 21,329,248 NYSE and percentage-wise was Boeing BA $52.48 +1.80 3.55% 5,704,942 NYSE. The biggest decliner dollar-wise and percentage-wise was Travelers TRV $52.94 -0.34 0.64% 4,513,526 NYSE.

WSJ pC1 "Stocks Reach '09 Highs On Materials, Energy Gains" by Peter A. McKay, Geoffrey Rogow says stocks hit new highs for the year, commodities prices rose and the dollar slipped as traders focused on signs of economic growth in Asia and Fed. Res. Chair Ben Bernanke's commitment to low interest rates. Materials and energy firms led a broad rally as the Dow Jones Industrial Average hit its highest close since Oct. 2, '08. Alcoa was up 3.3% and Exxon Mobil was up 2.7%.

WSJ pC5 "Exxon, Alcoa Push Dow to year's High" by Geoffrey Rogow says a robust sign of economic growth in Asia sparked a rally for commodities prices and stocks, with Exxon Mobil, Alcoa and other energy and materials firms pacing all 3 major indexes to new closing highs on the year. Boeing was helped by its position as an exporter & it rose 3.6%. Dubai based Emirates Airline said it is in talks with Boeing and Airbus for new aricraft. Boeing says it sees tremendous growth for the Mid East. Intel climbed 2.1% as its board approved a 13% dividend increase, saying it has confidence in its future biz, another indication that tech companies are growing more hopeful about the recovery. The increase puts Intel's quarterly dividend at 15.75 cents and marks the first change to the dividend since 2Q of '08

Fin Times p28 "Surge of optimism pushes blue chips to 12 month high" by Samantha Pearson says US stocks hit fresh highs for the year yesterday after a rebound in retail sales left investors more optimistic about the country's economic recovery. Cisco's shares were up 0.7% after it raised its bid for Tandberg the Norwegian video conferencing equipment maker. Cisco said the latest offer had the backing of Tandberg's 2 largest shareholders. Intel incrased its quarterly dividend.

NYT pB11 "Traders, Riding a Far-Reaching Wave, Send the Markets Higher" by Javier C. Hernandez says Wall St. traders latched onto signs on Mon. that the dollar would continue to remain weak and that the global recession was easing, riding a rally on 3 continents that helped push stock averages to their highest levels in more than a year. From start to finish, stocks were strong, wobbling only briefly after Ben S. Bernanke, Chair of the Fed. Res. expressed his support for a strong dollar. In a rare departure from his usual comments, Mr. Bernanke said he was worried about the dwindling dollar but reaffirmed his support for keeping interest rates low.

USA Today p4B "Benanke reassurance sends stocks up" by Matt Krantz says stocks goared to new '09 highs Mon. afer investors found comfort in comments from fed. res. Chair Ben Bernanke and encouraging retail sales data.

As of the open of the market Tuesday, the current divisor for the Dow found at page C4 of The Wall St. Jrnl is .132319125 unchanged, the trailing P/E ratio is 18.02 up from Monday's 17.78 (year ago it was 17.28), the P/E estimate is 15.82 unchanged from Monday's 15.82 (year ago it was 10.35) and the current dividend yield is 2.67 down from Monday's 2.71 (it was 3.80 a year ago).

Monday's Dow Jones Industrial Average closing numerator was 1377.04 up 18.06 from Friday's closing Dow numerator of 1358.98. 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 of 18.06 for Monday by the divisor you get the increase in Monday's Dow close of 136.49.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was 45.90 up 0.60 from Friday's Dow Jones Industrial Average closing price of $45.30. The median closing price of Monday's Dow Jones Industrial Average was $42.24 up 0.70 from Friday's Dow Jones median closing price of $41.54. The lowest volume Monday was 3M MMM $78.02 +0.70 0.91% 2,994,456 NYSE and the highest volume again was Bank of Am BAC $15.87 -0.11 0.69% 154,182,711 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 $1,800.
($137,700 - $135,900)

AT&T T $26.29 +0.04 0.15% 23,569,914 NYSE: No mentions found.

Alcoa AA $13.61 +0.43 3.26% 23,195,269 NYSE: WSJ pC5 "Exxon, Alcoa Push Dow to year's High" by Geoffrey Rogow says a robust sign of economic growth in Asia sparked a rally for commodities prices and stocks, with Exxon Mobil, Alcoa and other energy and materials firms pacing all 3 major indexes to new closing highs on the year. Boeing was helped by its position as an exporter & it rose 3.6%. Dubai based Emirates Airline said it is inn talks with Boeing and Airbus for new aricraft. Boeing says it sees tremendous growth for the Mid East. Intel climbed 2.1% as its board approved a 13% dividend increase, saying it has confidence in its future biz, another indication that tech companies are growing more hopeful about the recovery. The increase puts Intel's quarterly dividend at 15.75 cents and marks the first change to the dividend since 2Q of '08.

WSJ pC1 "Stocks Reach '09 Highs On Materials, Energy Gains" by Peter A. McKay, Geoffrey Rogow says stocks hit new highs for the year, commodities prices rose and the dollar slipped as traders focused on signs of economic growth in Asia and Fed. Res. Chair Ben Bernanke's commitment to low interest rates. Materials and energy firms led a broad rally as the Dow Jones Industrial Average hit its highest close since Oct. 2, '08. Alcoa was up 3.3% and Exxxon Mobil was up 2.7%.

American Express AXP $41.44 +1.09 2.7% 20,280,975 NYSE: No mentions found.

Bank of America BAC $15.87 -0.11 0.69% 154,182,711 NYSE: WSJ pC1 "BofA Claimed it Would Drop Merrill deal" by Michael R. Crittenden says Bank of America's lawyers told its execs that it would be hard for the bank to pull out of its deal to buy Merrill Lynch but the execs still threatened to walk away prompting the gov to provide another $20 bil to get the merger done. US House lawmakers Tues. will grill BofA's Brian Moynihan and other execs over handwritten notes and memos from the bank and its otuside alwyers about the merger.

WSJ pC1 "TARP Can't Save Some Banks" by David Enrich says Fed regulators have seized or threatened at least 27 banks that received dollars from the Troubled Asset Relief Prog. The Treasury Dept. has criticized the agency that gave the money because it said the recipients were healthy but fed officials knew Bank of America and Citigroup weren't healthy when they received huge capital injections.

Boeing BA $52.48 +1.80 3.55% 5,704,942 NYSE: WSJ pB8 "Boeing, Airbus Pin Hopes on the Mideast" by Stefania Bianchi, Nour Malas, Alex Delmar-Morgan, David Pearson says Middle East airlines will lead the global aviation industry out of its worst downturn in years according to top plane makers who spoke on the second day of a Dubai Airshow. Randy Tinseth, commercial marketing vp for Boeing spoke bullishly saying there was tremendous growth for the Mid East.

WSJ pC5 "Exxon, Alcoa Push Dow to year's High" by Geoffrey Rogow says a robust sign of economic growth in Asia sparked a rally for commodities prices and stocks, with Exxon Mobil, Alcoa and other energy and materials firms pacing all 3 major indexes to new closing highs on the year. Boeing was helped by its position as an exporter & it rose 3.6%. Dubai based Emirates Airline said it is in talks with Boeing and Airbus for new aircraft. Boeing says it sees tremendous growth for the Mid East. Intel climbed 2.1% as its board approved a 13% dividend increase, saying it has confidence in its future biz, another indication that tech companies are growing more hopeful about the recovery. The increase puts Intel's quarterly dividend at 15.75 cents and marks the first change to the dividend since 2Q of '08.

Caterpillar CAT $60.4 +1.62 2.76% 8,334,502 NYSE: Fin Times p19 "Performance in Asia crucial for Caterpillar" by Peter Marsh who interviews Jim Owens, CEO of Caterpillar. Owens is happy with CAT's progress in China but is disappoined with its weak showing in India. In both nations, purchases of earth moving machinery are rocketing in line with huge amoutns fo cash being spent for big infrastructure projects such as roads and buildings. Owens is pictured in a sport coat standing next to some heavy equipment.

Chevron CVX $78.61 +0.67 0.86% 8,954,369 NYSE: No mentions found.

Cisco CSCO $23.87 +0.16 0.67% 47,598,135 NASDAQ-GS: Fin Times p18 "Cisco lifts offer for Tandberg to $3.4 bil" by Joseph Menn & NYT pB11 "Cisco makes a Higher Offer For Tandberg of Norway by Reuters & WSJ pB5 "Cisco Raises Tandberg Bid" by Gustav Sandstrom says Cisco Systems Inc. raised its cash bid for Tandberg ASA of Norway to $3.39 bil and said its offer was final saying it will withdraw the bid if it doesn't achieve 90% acceptance. Cisco, the world's largest network equipment supplier, extended the offer period to Dec. 1. Cisco CEO John Chambers is piectures saying he will move Cisco's telepresence business to Tandberg.

Fin Times p28 "Surge of optimism pushes blue chips to 12 month high" by Samantha Pearson says US stocks hit fresh highs for the year yesterday after a rebound in retail sales left investors more optimistic about the country's economic recovery. Cisco's shares were up 0.7% after it raised its bid for Tandberg the Norwegian video conferencing equipment maker. Cisco said the latest offer had the backing of Tandberg's 2 largest shareholders. Intel incrased its quarterly dividend.

Coca-Cola KO $56.74 +0.28 0.5% 8,119,838 NYSE: AJC pA21 "Coke sees big growth through 2020" by Joe Guy Collier says KO expects to more than double system revenue and global servings in the next 12 years as Coke outlined "2020 Vision" to a group of analyst and media in an ivnestor conference in Atlanta.

AJC pA22 "Coke's PlantBottles arriving in stores" says Coca-Cola said its PlantBottle packaging had begun arriving in sotres in certain markets. It hopes to make 2 billion of the special recyclable plastic bottles that are made from plant material by the end of 2010. It contains up to 30 percent plant products, actually and has been rolled out in Denmark.

Disney DIS $30.7 +0.26 0.85% 12,891,133 NYSE: No mentions found.

DuPont DD $34.94 +0.63 1.84% 6,350,396 NYSE: No mentions found.

ExxonMobil XOM $74.43 +1.96 2.7% 21,329,248 NYSE: AJC A22 "Berkshire acquires ExxonMobil stake" says Warren Buffet's company has bought a $60 mil stake in ExxonMobil and has cut holdings in ConocoPhillips. Berkshrie Hathaway also doubled its holdings in WalMart Stores during the latest quarter. Its stake in Walmart is now at 33.6 mil shares and its stake in ExxonMobil is 855,000 shares.

WSJ pC1 "Stocks Reach '09 Highs On Materials, Energy Gains" by Peter A. McKay, Geoffrey Rogow says stocks hit new highs for the year, commodities prices rose and the dollar slipped as traders focused on signs of economic growth in Asia and Fed. Res. Chair Ben Bernanke's commitment to low interest rates. Materials and energy firms led a broad rally as the Dow Jones Industrial Average hit its highest close since Oct. 2, '08. Alcoa was up 3.3% and Exxon Mobil was up 2.7%.

GE $16 +.34 2.17% 98,247,874 NYSE: Fin Tiems p16 says a sale of Vivendi's sake of 20% in NBC Universal to GE is likely as GE is trying to do a deal with Comcast. This weekend Vivendi announced a bid for Brazilian telecom operator GVT.

Related article at Fin Times p27 by Ben Hall.

Hewlett-Packard HPQ $50.81+ 0.90 1.8% 20,621,054 NYSE: No mentions found.

Home Depot HD $27.65 +0.31 1.13% 18,792,481 NYSE: WSJ pB3 "Lowe's Net Falls 30% With Glimmers of Hope" by Mary Ellen LLoyd says Lowe's fiscal 3Q profit fell 30% as consumers remained reluctant to open their wallets for home improvements in the face of a weak housing market and high unemployment. The second largest US home improvement retailer after Home Depot Inc. posted its 13th consecutive quarter of same store sales declines.

Intel INTC $20.23 +0.41 2.07% 64,782,202 NASDAQ-GS: WSJ pB6 "Intel to Increase Dividend 12.5%, In Further Sign of Tech Confidence" by Don Clark, Jerry A. DiColo says Intel approved a 12.5% dividend increase, the latest sign that tech firms are growing more hopeful about the economic recovery. Intel's quartterly dividend is at 15.75 and is the first dividend change since 2Q '08. Intel began issuing dividends in '92, and has boosted its payout 14 times since. Intel's stock has risen about 50% over the past 52 weeks.

WSJ pC5 "Exxon, Alcoa Push Dow to year's High" by Geoffrey Rogow says a robust sign of economic growth in Asia sparked a rally for commodities prices and stocks, with Exxon Mobil, Alcoa and other energy and materials firms pacing all 3 major indexes to new closing highs on the year. Boeing was helped by its position as an exporter & it rose 3.6%. Dubai based Emirates Airline said it is in talks with Boeing and Airbus for new aricraft. Boeing says it sees tremendous growth for the Mid East. Intel climbed 2.1% as its board approved a 13% dividend increase, saying it has confidence in its future biz, another indication that tech companies are growing more hopeful about the recovery. The increase puts Intel's quarterly dividend at 15.75 cents and marks the first change to the dividend since 2Q of '08.

IBM $128.21 +1.18 0.93% 7,975,416 NYSE: WSJ pB7 "Chicago's Camera Network Is Everywhere" by William M. Bulkeley says a giant web of video surveillance cameras has spread across Chicago, aiding police in the pursuit of criminals but raising fears that Chicago is becoming big brother. Chicago has gone further than any other US city in merging computer and video tech to police the streets. The network system is unusual becuz of its scope and the integration of nonpolice cameras that links the 1,500 cameras that have been installed by other gov agencies and the private sector. Even home owners can contribute camera feeds. IBM designed the system and the ACLU is trying to get the city to disclose the number of cameras involved and the capabilities of the system such as who is allowed to look at the video feeds.

J.P.Morgan Chase JPM $43.04 +0.14 0.33% 43,535,612 NYSE: WSJ pC12 "J.P.Morgan Plugs a Hole" by Simon Nixon says JPMorgan is paying a big price for the remaining 50% of Cazenlove, its UK jv partner especially since there is no other buyer. JPMorgan will pay $1.7 bil that is a value twice the most recent quoted share price. The reason is that JPMorgan needs Cazenove more than vice versa. JPMorgan is paying 20 times '08 earnings for Cazenove. JPMorgan's recent climb in the European investment banking league tables reflects Cazenove's UK strength and JPMoran's willingness to deploy its balance sheet to win biz during the crisis. JPMorgan will consolidate European equities and investment banking around Zazenove, making it a pan European player. JPMorgan values Cazenove so highly because it puts a lower valuation on its own European operations.

A similar story is at NYT pB2 by Robert Cyran, Christopher Hughes.

Johnson & Johnson JNJ $62.19 +0.76 1.24% 13,768,148 NYSE: No mentions found.

Kraft KFT $27.63 +0.72 2.68% 17,474,080 NYSE: NYT pB1 "Do Stockholders Really Know What's Best?" by Andrew Ross Sorkin says when Kraft's hostile bid for Cadbury broke in UK, it caused an intense debate about whether a US company should be the home of a well known British brand that goes back to 1824. Kraft's $16.7 bil hostile takeover bid for Cadbury is one of the largest deals of the year. In the US there would be a fierce fight but in the UK most experts say it is a fait accompli and it's just a matter of time and the price Kraft will end up paying because British takeover law handcuffs the board of a target firm from blocking a deal. No poison pills or staggered boards or changing the shareholder vote date. Any bid gets put to a vote and all the board can do is offer an opinion so there is more shareholder democracy there than in the US.

McDonald's MCD $64.53 +0.95 1.49% 12,110,334 NYSE: No mentions found.

Merck MRK $33.81 +0.71 2.15% 25,097,484 NYSE: NYT pB3 "Investors Seem Unshaken After Study of Merck Drug" by Natasha Singer & WSJ pD3 "Niacin Bests Zetia in Cholesterol Study" by Ron Windslow says the result from a long awaied study comparing Abott Lab's niacin based drug Niaspan versus Merck Inc.'s cholesterol lowering medicine Zetia are that Niaspan is more effective than the Merck drug in reducing the accumulation of plaque in the neck arteries a marker for heightened risk of heart attack and storke. Niacin led to a reversal of artery buildup. Over the coutner niacin is avialable but should be gotten by prescription according to the American Heart Association which says that patients should first be treated with statins, another class of cholesterol drugs, to achieve LDL levels below 100. Statins include such drugs as Pfizer Inc.s Lipitor, AstraZeneca PLC's Crestor and Merck's Zocor, now available as a generic called simvastatin. Statins work by affecting cholesterol production in the liver.

Microsoft MSFT $29.54 -0.09 0.3% 54,129,501 NASDAQ-GS: Fin Times p14 "Where the internet lives" by Maija Palmer says in Dublin, there is a 303,000 square foot industrial building that is Microsoft's new mega data center, its first large scale computing facility in Europe costing $500 mil. Microsoft has mega centers now in Chicago and Dublin that form the backbone of its web based services including the Bing search engine, Hotmail and MSN Messneger as well as Azure, its recently unveiled cloud computing platform which is being run from the Dublin facility. Cloud computing has become the umbrella term for the provision of computing power to customers over the internet ffom a remote data center. The idea is that firms, includign Google and Amazon, will rent computer caapcity and storage to custmers over the internet for a few cents an hour.

Pfizer PFE $17.94 +0.35 1.99% 42,033,170 NYSE: WSJ pD3 "Niacin Bests Zetia in Cholesterol Study" by Ron Windslow says the result from a long awaied study comparing Abott Lab's niacin based drug Niaspan versus Merck Inc.'s cholesterol lowering medicine Zetia are that Niaspan is more effective than the Merck drug in reducing the accumulation of plaque in the neck arteries a marker for heightened risk of heart attack and storke. Niacin led to a reversal of artery buildup. Over the coutner niacin is avialable but should be gotten by prescription according to the American Heart Association which says that patients should first be treated with statins, another class of cholesterol drugs, to achieve LDL levels below 100. Statins include such drugs as Pfizer Inc.s Lipitor, AstraZeneca PLC's Crestor and Merck's Zocor, now available as a generic called simvastatin. Statins work by affecting cholesterol production in the liver.

Fin Times pA1 "Vaccine for smokers draws closer as Glaxo seals US biotech deal" by Andrew Jack says smokers may soon be able to break their habit with an injectable vaccine that prevents nicotine in tobacco entering the brain, where it creates a highly addictive sensation of pleasure. The NicVAX vaccine moved closer to the market yesterdfay after a deal between GlaxoSmithKline and the US biotech firm nabi Pharmaceuticals which devleoped the product. This year, American regulators ordered additional warnings on GSK's Zyban and Pfizer's Champix prescription smoking cessation drugs after concdrns they triggered suicidal feels.

Procter & Gamble PG $62.27 +0.66 1.07% 12,542,125 NYSE: No mentions found.

3M MMM $78.02 +0.70 0.91% 2,994,456 NYSE: No mentions found.

Travelers TRV $52.94 -0.34 0.64% 4,513,526 NYSE: No mentions found.

United Technologies UTX $69.34 +1.35 1.99% 5,373,022 NYSE: No mentions found.

Verizon VZ $30.33 +0.20 0.66% 13,161,737 NYSE: No mentions found.

Walmart WMT $53.16 -0.04 0.08% 15,356,892 NYSE: AJC A22 "Berkshire acquires ExxonMobil stake" says Warren Buffet's company has bought a $60 mil stake in ExxonMobil and has cut holdings in ConocoPhillips. Berkshrie Hathaway also doubled its holdings in WalMart Stores during the latest quarter. Its stake in Walmart is now at 33.6 mil shares and its stake in ExxonMobil is 855,000 shares.

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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 who will be replaced by Douglas Oberhelman in 2010.
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
11/6/09 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $349 [5]
2. Microsoft MSFT 254 [9]
3. WalMart WMT 198 [4]
4. Procter & Gamble PG 178 [3]
5. JPMorgan Chase 171 [4]
6. Johnson & Johnson JNJ 164 [3]
7. GE 163 [10.5]
8. IBM 162 [1.5]
9. Chevron CVX 155 [2]
10. Cisco CSCO 155 [6]
11. AT&T 153 [6]
12. BAC 130 [6.5]
13. Coke KO 126 [2]
14. Hewlett-Packard HPQ 117 [ 2]
15. Pfizer PFE 116 [7]
16. Intel INTC 106 [5.5]
17. Verizon VZ 69 [3]
18. Merck MRK 69 [2
19. McDonald's MCD 67 [1]
20. United Technologies UTX 61 [1]
21. 3M MMM 53 [.5]
22. Disney DIS 53 [2]
23. Home Depot 44 [2]
24. American Express AXP 44 [1]
25. Kraft KFT 40 [1.5]
26. Caterpillar CAT 36 [.5]
27. Boeing BA 34 [1]
28. DuPont DD 30 [1]
29. Travelers 28 [.5]
30. Alcoa AA 11 [1]

Here are the latest SEC filings as of 11/7/09 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: 11/6/09 8K announced the completion of the acquisition of Centennial Communications Corp. a regional provider of wireless and wired communications services for $945 million in cash.
11/5/09 10-Q

Alcoa AA: 10/23/09 10Q

American Express AXP: 10/30/09 10Q

Bank of Am BAC: 11/6/09 10Q

Boeing BA: 11/5/09 8K to reflect certain adjustments that have been made to prior year consolidated financial statements that were previously filed with the SEC on Form 10-K for the year ended December 31, 2008.

Caterpiller CAT: 10/30/09 10-Q

Chevron CVX: 11/5/09 10Q

Cisco CSCO: 11/4/09 8K On November 4, 2009, Cisco reported its results of operations for its fiscal first quarter 2010 ended October 24, 2009. Advisor, $750,000.

Coke KO: 10/29/09 10QA

Disney DIS: 10/27/09 Amended S-4 related to the takeover of Marvel.

DuPont DD: 11/5/09 Prospectus relating to $1,000,000,000 3.250% Notes due January 15, 2015 & $1,000,000,000 4.625% Notes due January 15, 2020

ExxonMobil XOM: 11/5/09 10Q

GE: 11/6/09 10QA

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.

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

Intel INTC: 11/5/09 8K Regulation FD Disclosure that on November 4, 2009, NY Attorney General Andrew Cuomo filed a lawsuit against Intel in the US Dist. Ct. for the District of Delaware alleging that Intel has violated the federal antitrust laws, the New York Donnelly Act (N.Y. Gen. Bus. Law § 340 et seq.), and § 63(12) of the New York Executive Law. The lawsuit alleges that Intel has engaged in a worldwide campaign of illegal, exclusionary conduct to maintain Intel’s alleged monopoly power and prices in the market for x86 microprocessors. The lawsuit seeks unspecified damages trebled, restitution, disgorgement, an injunction, $1,000,000 for each violation of the Donnelly Act, and attorneys’ fees and costs. Intel strongly disagrees with the plaintiff’s allegations and claims, and intends to conduct a vigorous defense of the lawsuit.

IBM: 11/5/09 8K announcing its Form S-3, effective August 3, 2007, relating to $2,000,000,000 of debt securities of the Registrant.

JPMorganChase JPM: 11/6/09 Reg. FD disclosure relating to an investor conference.

Johnson & Johnson JNJ: 11/4/09 10Q

Kraft KFT: 11/3/09 10Q

McDonalds MCD: 11//5/09 10Q

Merck MRK: 11/4/09 8K announcing the consummation on November 3, 2009 of the merger of Merck & Co., Inc. &, Schering-Plough Corporation.

Microsoft MSFT: 10/23/09 10Q

Pfizer PFE: 11/5/09 10Q

Procter & Gamble PG: 10/29/09 10Q

3M MMM: 10/20/09 10Q

Travelers TRV: 10/22/09 10Q

United Technologies UTX: 10/23/09 10Q

Verizon Communications Inc. VZ:/11/2/09 8K announcing VZ adoption of Statement of Financial Accounting Standards No. 160, Noncontrolling Interests in Consolidated Financial Statements — an amendment of ARB No. 51 (SFAS No. 160).

Wal-Mart WMT: 8K 9/18/09 pricing agreement relating to a $1 bil Euro Note Offering.