11/8/09 Sun Dis . & WMT Report Earnings Thurs.

This Blog is being updated from your Blogger in Zurich.

WE CAN ALSO BE FOUND AT WWW.DOWJONESMONITOR.COM

YOUR BLOGGER WILL BE IN SWITZERLAND FOR "THINK SWISS FINANCIAL STUDY TRIP" THE WEEK OF 11/9 - 11/13 SO THIS BLOG MAY NOT BE UPDATED NEXT WEEK BUT I WILL DO MY BEST. I

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

Post #201 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 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.

A read of the 11/9/09 print editions of: Barron's & Mon. 11/9/09 issue of Investor's Business Daily 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 Wednesday's closing price and related data:

Dow: The Dow Jones Industrial Average closed Friday at 10023.42 up 17.46 or 0.17% from Thursday's close of 10000.6. Of the Dow 30 components: 14 declined, 2 were unchanged (Alcoa and DuPont) and 14 gained. The biggest gainer dollar-wise and percentage-wise was Travelers TRV $51.9 +1.26 2.49% 5,441,638 NYSE. The biggest decliner dollar-wise was American Express NYSE and percentage-wise was Home Depot HD $26.08 +0.45 1.76% 15,002,417 NYSE.

The current divisor for the Dow found at today's page B4 of The Wall St. Jrnl is .132319125 unchanged where it is also noted that as of market close on Friday the Dow's trailing P/E ratio is 17.38 up from Friday's 17.35 (year ago was nil), the P/E estimate is 15.57 down from Friday's 15.68 (1 year ago it was 10.50), and the dividend yield is 2.77 unchanged (a year ago it was 3.62).

Friday's Dow Jones Industrial Average closing numerator was 1326.29 up 2.97 from Thursday's closing Dow numerator of 1323.32. 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 2.97 for Friday by the divisor you get the increase in today's Friday's Dow close.

The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was 44.21 down 0.10 from Thursday's Dow Jones Industrial Average closing price of $44.11. The median closing price of Friday's Dow Jones Industrial Average was $40.35 down 0.44 from Thurday's Dow Jones median closing price of $40.79. The lowest volume Thursday was 3M MMM $75.41 -0.05 0.07% 1,859,419 NYSE and the highest volume again was Bank of Am BAC $15.05 -0.08 0.53% 151,083,653 NYSE.

If Friday 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 $300.
($132,630 - $132,330)

AT&T T $25.93 -0.01 0.04% 18,649,086 NYSE: IBD pA4 "Droid Sart Phone Attracts Early Buyers" by Brian Deacon says US Verizon stores opened their doors a 7 am Fri for the launch of Motorola's Droid handset, wich many believe is a credible threat to the Apple iPhone sold by AT&T. Good reviews sparkd interest. Droid is the first handset to sport the latest version of the Google backed Android operating system, version 2.0. It costs $200 after a rebate with a 2 year Verizon Wireless service contract. Besides Verizon stores, the phone will be sold at Best Buy, WalMart and Costco.

AA $12.89 unch unch 19,695,328 NYSE
AXP $37.21 -0.53 1.4% 11,915,922 NYSE
BAC $15.05 -0.08 0.53% 151,083,653 NYSE
Boeing BA $49.68 -0.09 0.18% 3,133,058 NYSE: BRN's p 36 "L-3: Battle-Tested & Cheap" by Jay Palmer says defense stocks were a great defense play. Now that the market is rallying again,the group has fallen out of favor. Wall St. is worried about cuts in defense spending and uncertainty surrounding US military involvement in Afghanistan & Iraq. Def. Sec'y Robert Gates has threatened to cut Boeing's Future Combat Systems.

CAT $57.6 -0.39 0.67% 5,633,366 NYSE
CVX $77.53 +0.29 0.38% 7,668,152 NYSE

CSCO $23.82 -0.1101 0.46% 36,377,923 NASDAQ-GS: BRN's p29 "Take Heed: Cisco Sees Start of a Recovery" by Eric Savitz says 2 years ago on Nov. 7, '07 Cisco's CEO John Chambers sent shivers through the stock market, warnikng CSCO had seen signs of slowing demand fro the US enterprise sector. Now last week, Chambers made anotehr dramatic declaration, this time asserting that the ecconomic recovery clearly has being as is company reported better than expected results for its fiscal first quarter posting revs of $9 bil and profit of 36 cents a share, beating estimates of $8.74 bil and 30 cents. Rev was down 12.7%but Cisco had rpedicted a drop of 15 to 17%.

KO $54.49 +0.09 0.17% 5,323,120 NYSE
DIS $28.56 -0.44 1.52% 11,535,342 NYSE: BRN's p 13 says Disney will report earnings on Thurs., 11/12/09.

DD $33.38 unch unch 4,855,870 NYSE
XOM $72.58 +0.08 0.11% 17,965,186 NYSE
GE $15.33 +0.90 6.24% 162,251,967 NYSE: bRN's charts GE at pM4 saying Oppenheimer upgraded it to Outperform from Perform on signs of stabiliztion at its financial unit.

HPQ $49.16 +0.31 0.63% 10,771,776 NYSE
HD $26.08 +0.45 1.76% 15,002,417 NYSE
INTC $18.93 +0.04 0.21% 43,801,036 NASDAQ-GS

IBM $123.49 +0.39 0.32% 4,919,380 NYSE: IBD p1b "New IBM Consulting Unit Geared To Analytics Field" by J. Bonasia says IBM is betting big on analytics and Fred Balboni is leading the charge. Big Blue has just launched a consulting practice in conjunction with its business analytics and optimization producgts. Such sofware sorts through vst amonts of data to reveal unseen patterns that help firms make better decisions.

JPM $43.48 -0.39 0.89% 26,734,727 NYSE

JNJ $60.3 +0.32 0.53% 8,426,254 NYSE: IBD pA10 "Generic Drugs' New Frontier" by Marily Alva says generic drugs have grown up fast in the 25 years since the Hhatch-Waxman Act helped launch the industry in the US. Today, they account for 70% of all prescriptions dispensed in America. As patents for blockbusters and other drugs expire, generic drug firms have stepped in with cheaper copies, ushering in an industry golden age. In the last decade alone generic drugs have save Americans $734 bil. Now the generic industry is upping the staakes. It's fighting for a share of the next frontier in medicine - biologic drugs, which unlike traditional chemical medicines, use proteins to modify the way genes acts. In '08 biologics garnered $60 bil in US sales.

KFT $26.78 -0.25 0.92% 11,680,497 NYSE: BRN's p 13 says Kraft will report earnings on Thurs., 11/12/09.

MCD $61.69 +0.21 0.34% 10,474,451 NYSE

MRK $32.59 -0.12 0.37% 19,732,415 NYSE: IBD pA10 "Generic Drugs' New Frontier" by Marily Alva says generic drugs have grown up fast in the 25 years since the Hhatch-Waxman Act helped launch the industry in the US. Today, they account for 70% of all prescriptions dispensed in America. As patents for blockbusters and other drugs expire, generic drug firms have stepped in with cheaper copies, ushering in an industry golden age. In the last decade alone generic drugs have save Americans $734 bil. Now the generic industry is upping the staakes. It's fighting for a share of the next frontier in medicine - biologic drugs, which unlike traditional chemical medicines, use proteins to modify the way genes acts. In '08 biologics garnered $60 bil in US sales.

MSFT $28.52 +0.05 0.18% 38,326,643 NASDAQ-GS: BRN's p34 "Hot Time for Growth Investing" by Tom Sullivan says Microsoft is mildly priced for a tech, at 14 times forward earnings based on a price of 28 and change according to Howard Ward portfolio manager at the $552.2 mil GAMCO Growth Fund.

PFE $16.96 -0.06 0.35% 36,005,594 NYSE: IBD pA10 "Generic Drugs' New Frontier" by Marily Alva says generic drugs have grown up fast in the 25 years since the Hhatch-Waxman Act helped launch the industry in the US. Today, they account for 70% of all prescriptions dispensed in America. As patents for blockbusters and other drugs expire, generic drug firms have stepped in with cheaper copies, ushering in an industry golden age. In the last decade alone generic drugs have save Americans $734 bil. Now the generic industry is upping the staakes. It's fighting for a share of the next frontier in medicine - biologic drugs, which unlike traditional chemical medicines, use proteins to modify the way genes acts. In '08 biologics garnered $60 bil in US sales.

PG $61.04 +0.57 0.94% 13,993,391 NYSE
MMM $75.41 -0.05 0.07% 1,859,419 NYSE
TRV $51.9 +1.26 2.49% 5,441,638 NYSE
UTX $65.07 -0.38 0.58% 3,889,231 NYSE
Verizon VZ $29.56 +0.25 0.85% 14,894,121 NYSE: : IBD pA4 "Droid Sart Phone Attracts Early Buyers" by Brian Deacon says US Verizon stores opened their doors a 7 am Fri for the launch of Motorola's Droid handset, wich many believe is a credible threat to the Apple iPhone sold by AT&T. Good reviews sparkd interest. Droid is the first handset to sport the latest version of the Google backed Android operating system, version 2.0. It costs $200 after a rebate with a 2 year Verizon Wireless service contract. Besides Verizon stores, the phone will be sold at Best Buy, WalMart and Costco.

WMT $51.25 -0.03 0.06% 12,350,620 NYSE: : IBD pA4 "Droid Sart Phone Attracts Early Buyers" by Brian Deacon says US Verizon stores opened their doors a 7 am Fri for the launch of Motorola's Droid handset, wich many believe is a credible threat to the Apple iPhone sold by AT&T. Good reviews sparkd interest. Droid is the first handset to sport the latest version of the Google backed Android operating system, version 2.0. It costs $200 after a rebate with a 2 year Verizon Wireless service contract. Besides Verizon stores, the phone will be sold at Best Buy, WalMart and Costco.


*****************************************************
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]
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.
###############################################################