Tuesday, February 16, 2010

2/16/10 Tues. pm Dow Closes at 10,268.81 up 169.67 or 1.68%

www.DowJonesMonitor.com

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Post #297 The following is brought to you by Intellivest Securities Research, Inc. Towards the end of this Blog is a list of the Dow 30 current CEOs, a ranking of the Dow 30 components by market capitalization as of 2/1/10 and an update of the Dow 30 component's most recent SEC filings as of 2/1/10.

Dow: The Dow Jones Industrial Average closed Tuesday at 10,268.81 up 169.67 or 1.68% from Friday's close of 10,099.14. Of the 30 Dow Companies: 28 gained and 2 (Kraft and Pfizer) declined. The biggest gainer dollar-wise was Chevron CVX $72.99 +1.98 2.79% 14,213,696 NYSE and percentage-wise was Bank of America BAC $15.16 +0.71 4.91% 204,566,229 NYSE . The biggest decliner dollar-wise was Kraft KFT $28.97 -0.12 0.41% 54,147,751 NYSE and percentage-wise was Pfizer PFE $17.72 -0.08 0.45% 63,269,741 NYSE.

As of the open of the market Tuesday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132319125 unchanged, the trailing P/E ratio is 16.36 down from Friday morning's 16.43 (year ago it was 18.82) the P/E estimate is 12.85 up from Friday's 12.67 (year ago it was 12.00) and the current dividend yield is 2.70 up from Friday's 2.68 (it was 3.94 a year ago).

Tuesday's Dow Jones Industrial Average closing numerator was 1358.76 up 22.45 from Friday's closing Dow numerator of 1,336.31. 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 22.45 for Tuesday by the divisor you get the increase in Tuesday's Dow close of 169.67. A $1 change in the price of any DJIA stock = a 7.56 change in the average.

The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was $45.29 up 0.75 from Friday's Dow Jones Industrial Average closing price of $44.54. The median closing price of Tuesday's Dow Jones Industrial Average was 40.05 up 0.36 from Friday's median closing price of 38.69 The lowest volume was 3M MMM $80.47 +1.29 1.63% 3,619,048 NYSE NYSE and the highest volume again was Bank of America BAC $15.16 +0.71 4.91% 204,566,229 NYSE.

If Tuesday morning before the market opened you had purchased 100 shares 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 $1,650 ($135,870 - $134,220 ).

Market Watch online Feb. 16, 2010, 4:38 p.m. "Dow average posts triple-digit rise as Europe fears abate; Bank, energy stocks rally; housing and business data help sentiment" by Peter McKay says stocks jumped on Tuesday, aided by improving U.S. economic data and rising confidence in Europe's efforts to help heavily indebted Greece.

The Dow Jones Industrial Average's (INDU 10,269, +169.75, +1.68%) gains mounted steadily throughout the session, and the blue-chip indicator ended with a 169.67-point gain, up 1.7%, at 10,268.81, within 11 points of its daily high. The Dow's strongest component by far was Bank of America Corp. (BAC 15.19, -0.01, -0.07%) , whose shares surged 4.9% after it reported "significant gains" in the number of modified mortgages it handles through the government's Home Affordable Modification Program. Also, it reported better payment performance on its credit card loans last month. BofA's share gains helped to boost the broader financial sector, as did a better-than-expected quarterly earnings report from Barclays Plc . The British banking giant's American depositary shares soared 13.7%. In economic news, the Federal Reserve Bank of New York's Empire Manufacturing Survey showed conditions for New York manufacturers improved sharply in February. Its business conditions index rose to 24.91 this month, from 15.92 in January. Economists had expected a reading of 16.0 in February. The National Association of Home Builders said its monthly index of U.S. builder confidence grew in February, recovering form a seven-month low. However, the measure is still at levels signaling worry in the housing sector. Tuesday's focus on the U.S. shifted investors' attention away from Europe, where meetings over the past two days provided more visibility regarding the European Union's coordination to stabilize Greece. Traders have become content that the EU will back up any of its members before their woes spread too widely through the world economy. Read more on Greece. The Nasdaq Composite Index rose 1.4% on Tuesday. The S&P 500 climbed 1.8%, helped by gains in all its sectors. The strongest were energy, which rose 2.7% due to a rally in oil prices; financials, up 2.5%; and materials, up 2.5%, thanks to a weakening dollar.
Some traders cautioned that Tuesday's gains, though impressive, weren't accompanied by the sort of robust volume that tends to confirm widespread confidence in stocks to fuel continued gains. Composite volume in New York Stock Exchange-listed companies hit 4.2 billion shares, below the daily average around 5 billion for 2010 so far. The dollar fell as investors took on risk. That helped the prices of raw materials, pushing the broad Dow Jones-UBS Commodity Index up 2.5%. April gold ended $29.80 an ounce higher at $1,119.80 an ounce. The dollar's slide and renewed tension over Iran's nuclear ambitions boosted crude-oil futures. Futures rose almost $3 to top $77 a barrel. Among stocks to watch, Merck & Co. (MRK 37.55, -0.11, -0.29%) shares gained 2% after the company's fourth-quarter profit and sales rose sharply on its recent takeover of Schering-Plough. Treasurys firmed. The 10-year note climbed 8/32 to yield 3.665%. Read more on bonds.

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

AT&T T $25.32 +0.25 1% 25,896,699 NYSE
Alcoa AA $13.74 +0.46 3.46% 37,104,362 NYSE
American Express AXP $39.62 +1.20 3.12% 10,931,138 NYSE
Bank of America BAC $15.16 +0.71 4.91% 204,566,229 NYSE
Boeing BA $61.26 +1.61 2.7% 4,268,159 NYSE
Caterpillar CAT $57.12 +0.92 1.64% 7,363,745 NYSE
Chevron CVX $72.99 +1.98 2.79% 14,213,696 NYSE
Cisco CSCO $24 +0.24 1.01% 46,748,425 NASDAQ-GS
Coca-Cola KO $54.82 +0.84 1.56% 9,669,422 NYSE
Disney DIS $30.47 +0.40 1.33% 9,061,563 NYSE
DuPont DD $32.74 +0.46 1.43% 8,566,936 NYSE
ExxonMobil XOM $66.28 +1.48 2.28% 30,488,451 NYSE
GE $16.04 +0.49 3.15% 69,233,963 NYSE
Hewlett-Packard HPQ $49.44 +0.98 2.02% 14,676,660 NYSE
Home Depot HD $29.44 +0.44 1.52% 13,266,992 NYSE
Intel INTC $20.72 +0.29 1.42% 68,738,678 NASDAQ-GS
IBM $125.23 +1.23 0.99% 6,777,265 NYSE
J.P.Morgan Chase JPM $40.07 +1.12 2.88% 46,185,158 NYSE
Johnson & Johnson JNJ $63.61 +0.89 1.42% 10,197,788 NYSE
Kraft KFT $28.97 -0.12 0.41% 54,147,751 NYSE
McDonald's MCD $64.01 +0.42 0.66% 7,079,173 NYSE
merck MRK $37.66 +0.74 2% 20,768,986 NYSE
Microsoft MSFT $28.35 +0.55 1.98% 51,695,696 NASDAQ-GS
Pfizer PFE $17.72 -0.08 0.45% 63,269,741 NYSE
Procter & Gamble PG $62.83 +1.07 1.73% 13,251,998 NYSE
3M MMM $80.47 +1.29 1.63% 3,619,048 NYSE
Travelers TRV $51.61 +1.16 2.3% 5,379,058 NYSE
United Technologies UTX $66.33 +0.64 0.97% 6,283,651 NYSE
Verizon VZ $29.18 +0.25 0.86% 11,678,498 NYSE
WalMart WMT $53.56 +0.66 1.25% 15,766,681 NYSE
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The following are excerpts from Tues. morning's Blog:

A read of Tuesday's print editions of: The Wall Street Journal, The New York Times, USA Today, & New Orleans Times-Picayune 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 stock prices and related data.

Dow:US markets were closed yesterday for President's Day. The Dow Jones Industrial Average closed Friday at 10,099.14 down 45.05 or 0.44% from Thursday's close of 10,144.19. For the week the Dow is up 86.91 or 0.87% from last Friday's close of 10,012.23. Of the 30 Dow Companies: 8 gained and 22 declined. The biggest gainer dollar-wise and percentage-wise was Intel INTC $20.43 +0.37 1.84% 88,438,933 NASDAQ-GS. The biggest decliner dollar-wise was 3M MMM $79.18 -1.09 1.36% 5,426,379 NYSE and percentage-wise was Alcoa AA $13.28 -0.30 2.21% 46,030,750 NYSE.

Friday's Dow Jones Industrial Average closing numerator was 1,336.31 down 5.96 from Thursday's closing Dow numerator of 1,342.27. 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 decrease of 5.96 for Friday by the divisor you get the decrease in Friday's Dow close of 45.05. A $1 change in the price of any DJIA stock = a 7.56 change in the average.

The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was 44.54 down 0.20 from Thursday's Dow Jones Industrial Average closing price of $44.74. The median closing price of Friday's Dow Jones Industrial Average was 38.69 down 0.02 from Thursday's median closing price of 38.71. The lowest volume was Boeing BA $59.65 -0.94 1.55% 5,147,631 NYSE and the highest volume again was Bank of America BAC $14.45 -0.18 1.23% 161,807,997 NYSE.

If Friday morning before the market opened you had purchased 100 shares 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 $600 ($134,220 - $133,620).

AT&T T $25.07 -0.12 0.48% 33,941,640 NYSE: WSJ pB7 "Software Directs Mobile Industry" by Niraj Sheth, Nick Wingfield, Don Clark says in the mobile world, the race to catch up with Apple and Google is on. The 2 firms have thought out operating systems and legions of outside developers working up new apps for their phones. Tis week, competitors including phone makers and network operators that haven't traditionally specialized in software are rolling out new efforts to keep pace. Intel and Nokia said they are combining their own software ventures into a new mobile operating platform called "MeeGo." Also, Microsoft which has struggled to translate its dominance of the desktop for mobile devices, unveiled a dramatic vamps of its mobile phone operating system, which has suffered in comparison with Apple's iPhone and handsets that use Google's Android system. The announcements by Microsoft and Intel underscores the growing rivalry in mobile devices between 2 longtime partners in PCs, as programmers and hardware firms consider what other technologies to adopt. Microsoft's new mobile system, Windows Phone 7 Series, can automatically show when friends update their Facebook pages and ties into Microsoft services such as Xbox Live online video gaming. Also, a group of 24 carriers, including AT&T and Verizon Wireless said they want to crate a way for developers to make apps that can run without modification on all the phones they offer.

USAToday p4B "Microsoft unveils new Windows Mobile system" says every windows phone will have a dedicated hardware button for Bing search and it includes Zune media player for music and video. There will be apps for the phones through a windows marketplace. Microsoft's rebirth in mobile may also expand to a new project named Pink to target phones at youths who might otherwise gravitate to the T-Mobile Sidekick, which runs on software designed by Microsoft owned Danger. Microsoft is now focusing its efforts ore on the consumer. In the past, Microsoft wold provide the engine for the car. Now, it is responsible for the entire user experience as it will write more of the software, rather than giving extra leeway to partners. For example, it will design the soft keyboard on the touch screen phones. Microsoft's global partners include wireless carriers and phonemakers such as AT&T, Deutsche, Orange, srint, T-Mobile, Verizon, Hewlett-Packard and Qualcomm.

Alcoa AA $13.28 -0.30 2.21% 46,030,750 NYSE: No mentions found.

American Express AXP $38.42 +0.13 0.34% 10,621,137 NYSE: No mentions found.

Bank of America BAC $14.45 -0.18 1.23% 161,807,997 NYSE: WSJ pC1 "Mortgage Suit Targets the Street" by Nick Timiraos says the Fed. Home Loan Bank of Seattle has launched a series of lawsuits against Wall St banking, seeking to force them to buy back souring mortgage backed securities. In 11 lawsuits filed in Dec in King County Superior Court in Washington, the Seattle bank alleges that it was misled by underwriters about the quality of $4 bil of securities it purchased as investments at the height of the housing boom. Defendants include Bear Stearns which was bought by JPMorgan Chase and Countrywide Financial Corp. now a part of Bank of America.

Boeing BA $59.65 -0.94 1.55% 5,147,631 NYSE: No mentions found.

Caterpillar CAT $56.2 +0.05 0.09% 13,418,399 NYSE: No mentions found.

Chevron CVX $71.01 -0.72 1% 13,713,552 NYSE: No mentions found.

Cisco CSCO $23.76 -0.17 0.71% 53,702,642 NASDAQ-GS: No mentions found.

Coca-Cola KO $53.98 -0.24 0.44% 12,251,948 NYSE: No mentions found.

DuPont DD $32.28 -0.27 0.83% 9,642,686 NYSE: No mentions found.

Disney DIS
$30.07 -0.09 0.3% 12,744,367 NYSE: WSJ pB1 "Elbowing Into a Theater New You: Hollywood's Battle of 3-D Flicks" by Lauren A. E. Schuker, Ethan Smith says Hollywood studios, juiced by the success of Avatar, are tripping over each other to release movies in 3D. In the process, they risk overloading multiplexes, which are equipped to handle only a portion of the #D pack at a time. Early next month Disney's Alice in Wonderland will hit theatres. Disney's Toy Story 3 will be released on June 18 and its Tangled will be out on Nov. 24. Universal which is owned by Ge is releasing Despicable Me on July 9. Its Wolfman was ranked 3rd overall in estimated box office figures for the weekend just past with cumulative sales of $36.5 mil which is the same as its weekend take since it just opened.

ExxonMobil XOM $64.8 -0.44 0.67% 30,429,962 NYSE: No mentions found.

GE $15.55 -0.22 1.4% 76,047,696 NYSE: WSJ pB1 "Elbowing Into a Theater New You: Hollywood's Battle of 3-D Flicks" by Lauren A. E. Schuker, Ethan Smith says Hollywood studios, juiced by the success of Avatar, are tripping over each other to release movies in 3D. In the process, they risk overloading multiplexes, which are equipped to handle only a portion of the #D pack at a time. Early next month Disney's Alice in Wonderland will hit theatres. Disney's Toy Story 3 will be released on June 18 and its Tangled will be out on Nov. 24. Universal which is owned by Ge is releasing Despicable Me on July 9. Its Wolfman was ranked 3rd overall in estimated box office figures for the weekend just past with cumulative sales of $36.5 mil which is the same as its weekend take since it just opened.

WSJ pB7 "GE's NBC Rallies for the County" by Amy Chozick sayss with an estimated 185 mil viewers over a 17 day period, the Olympic Games provide a special audience microcosm and one that NBC believes will be useful for measuring new media consumption habits and trends. Viewers can watch on the network, its many cable channels, NBCOlympics.com and ca download clips to their iPhones and receive mobile updates on a favorite skater.

Hewlett-Packard HPQ $48.46 +0.16 0.33% 15,692,102 NYSE: USAToday p4B "Microsoft unveils new Windows Mobile system" says every windows phone will have a dedicated hardware button for Bing search and it includes Zune media player for music and video. There will be apps for the phones through a windows marketplace. Microsoft's rebirth in mobile may also expand to a new project named Pink to target phones at youths who might otherwise gravitate to the T-Mobile Sidekick, which runs on software designed by Microsoft owned Danger. Microsoft is now focusing its efforts ore on the consumer. In the past, Microsoft wold provide the engine for the car. Now, it is responsible for the entire user experience as it will write more of the software, rather than giving extra leeway to partners. For example, it will design the soft keyboard on the touch screen phones. Microsoft's global partners include wireless carriers and phonemakers such as AT&T, Deutsche, Orange, srint, T-Mobile, Verizon, Hewlett-Packard and Qualcomm.

Home Depot HD $29 +0.01 0.03% 14,977,124 NYSE: No mentions found.

Intel INTC $20.43 +0.37 1.84% 88,438,933 NASDAQ-GS: WSJ pB7 "Software Directs Mobile Industry" by Niraj Sheth, Nick Wingfield, Don Clark says in the mobile world, the race to catch up with Apple and Google is on. The 2 firms have thought out operating systems and legions of outside developers working up new apps for their phones. Tis week, competitors including phone makers and network operators that haven't traditionally specialized in software are rolling out new efforts to keep pace. Intel and Nokia said they are combining their own software ventures into a new mobile operating platform called "MeeGo." Also, Microsoft which has struggled to translate its dominance of the desktop for mobile devices, unveiled a dramatic vamps of its mobile phone operating system, which has suffered in comparison with Apple's iPhone and handsets that use Google's Android system. The announcements by Microsoft and Intel underscores the growing rivalry in mobile devices between 2 longtime partners in PCs, as programmers and hardware firms consider what other technologies to adopt. Microsoft's new mobile system, Windows Phone 7 Series, can automatically show when friends update their Facebook pages and ties into Microsoft services such as Xbox Live online video gaming. Also, a grop of 24 carriers, including AT&T and Verizon Wirelss said they want to crate a way for developers to make apps that can run without modification on all the phones they offer.

IBM $124 -0.27 0.22% 7,978,732 NYSE: No mentions found.

JPMorgan JPM $38.95 -0.07 0.18% 37,883,099 NYSE: USA Today p1B items says JPMorgan Chase is close to a deal to buy the non-US units of RBS Sempra Commodities for $1.7 bil to exapnd its energy and metals trading units.

WSJ pC1 "Mortgage Suit Targets the Street" by Nick Timiraos says the Fed. Home Loan Bank of Seattle has launched a series of lawsuits against Wall St banking, seeking to force them to buy back souring mortgage backed securities. In 11 lawsuits filed in Dec in King County Superior Court in Washington, the Seattle bank alleges that it was misled by underwriters about the quality of $4 bil of securities it purchased as investments at the height of the housing boom. Defendants include Bear Stearns which was bought by JPMorgan Chase and Countrywide Financial Corp. now a part of Bank of America.

Johnson & Johnson JNJ $62.72 -0.19 0.3% 12,229,184 NYSE: No mentions found.

Kraft KFT $29.09 +0.10 0.34% 64,367,796 NYSE: No mentions found.

McDonald's MCD $63.59 -0.20 0.31% 6,706,099 NYSE: No mentions found.

Merck MRK $36.92 +0.04 0.11% 17,809,442 NYSE: No mentions found.

Microsoft MSFT $27.93 -0.19 0.68% 77,348,621 NASDAQ-GS: USAToday p4B "Microsoft unveils new Windows Mobile system" says every windows phone will have a dedicated hardware button for Bing search and it includes Zune media player for music and video. There will be apps for the phones through a windows marketplace. Microsoft's rebirth in mobile may also expand to a new project named Pink to target phones at youths who might otherwise gravitate to the T-Mobile Sidekick, which runs on software designed by Microsoft owned Danger. Microsoft is now focusing its efforts ore on the consumer. In the past, Microsoft wold provide the engine for the car. Now, it is responsible for the entire user experience as it will write more of the software, rather than giving extra leeway to partners. For example, it will design the soft keyboard on the touch screen phones. Microsoft's global partners include wireless carriers and phonemakers such as AT&T, Deutsche, Orange, srint, T-Mobile, Verizon, Hewlett-Packard and Qualcomm.

WSJ pB7 "Software Directs Mobile Industry" by Niraj Sheth, Nick Wingfield, Don Clark &
NYT pB1 "To Vie in Smartpones, TechGiants Start Anew' by Ashlee Vance say in the mobile world, the race to catch up with Apple and Google is on. The 2 firms have thought out operating systems and legions of outside developers working up new apps for their phones. Tis week, competitors including phone makers and network operators that haven't traditionally specialized in software are rolling out new efforts to keep pace. Intel and Nokia said they are combining their own software ventures into a new mobile operating platform called "MeeGo." Also, Microsoft which has struggled to translate its dominance of the desktop for mobile devices, unveiled a dramatic vamps of its mobile phone operating system, which has suffered in comparison with Apple's iPhone and handsets that use Google's Android system. The announcements by Microsoft and Intel underscores the growing rivalry in mobile devices between 2 longtime partners in PCs, as programmers and hardware firms consider what other technologies to adopt. Microsoft's new mobile system, Windows Phone 7 Series, can automatically show when friends update their Facebook pages and ties into Microsoft services such as Xbox Live online video gaming. Also, a grop of 24 carriers, including AT&T and Verizon Wirelss said they want to crate a way for developers to make apps that can run without modification on all the phones they offer.

Pfizer PFE $17.8 -0.07 0.39% 50,117,165 NYSE: NYT pB1 "Drug Firms Apply Brand To Generics" by Natasha Singer says some drug firms that once looked askance at the high volume, low cost business of generic drugs are now becoming major purveyors of generic medicines. Instead of investing the bulk of their research and marketing dollars in the development of blockbuster drugs, only to cede their intellectual property and market share to lower priced generic competitors once patents expired, now some drug makers are selling generics to offset revenue declines. Pfizer recently started a division that sells off patent brand named Pfizer products like antidepressant Zoloft and markets generic versions of those off patent drugs under its own Greenstone label and distributes a number of generic drugs licensed from other producers. Pfizer has signed licensing deals with three India based generic makers to sell pills and injectable drugs in the US and other markets, adding more than 200 products to Pfizer's generic portfolio.

Procter & Gamble PG $61.76 -0.20 0.32% 16,144,482 NYSE: WSJ pB4 "L'Oreal's '09 Net Slipped 8.2%" by Christina Passariello says L'Oreal's profit dropped in '09, a punishing year in which the French cosmetics giant shifted focus to reach less affluent consumers and lost market share. It was hit by the same headwinds that hit its competitors such as Procter & Gamble and luxury goods firm LVMH Moet Hennessy Louis Viutton.

3M MMM $79.18 -1.09 1.36% 5,426,379 NYSE: No mentions found.

Travelers TRV $50.45 +0.25 0.5% 5,789,186 NYSE: No mentions found.

United Technologies UTX $65.69 -1.02 1.53% 7,929,169 NYSE: No mentions found.

Verizon VZ $28.93 -0.11 0.38% 14,194,435 NYSE: WSJ pB7 "Software Directs Mobile Industry" by Niraj Sheth, Nick Wingfield, Don Clark says in the mobile world, the race to catch up with Apple and Google is on. The 2 firms have thought out operating systems and legions of outside developers working up new apps for their phones. Tis week, competitors including phone makers and network operators that haven't traditionally specialized in software are rolling out new efforts to keep pace. Intel and Nokia said they are combining their own software ventures into a new mobile operating platform called "MeeGo." Also, Microsoft which has struggled to translate its dominance of the desktop for mobile devices, unveiled a dramatic vamps of its mobile phone operating system, which has suffered in comparison with Apple's iPhone and handsets that use Google's Android system. The announcements by Microsoft and Intel underscores the growing rivalry in mobile devices between 2 longtime partners in PCs, as programmers and hardware firms consider what other technologies to adopt. Microsoft's new mobile system, Windows Phone 7 Series, can automatically show when friends update their Facebook pages and ties into Microsoft services such as Xbox Live online video gaming. Also, a grop of 24 carriers, including AT&T and Verizon Wirelss said they want to crate a way for developers to make apps that can run without modification on all the phones they offer.

USAToday p4B "Microsoft unveils new Windows Mobile system" says every windows phone will have a dedicated hardware button for Bing search and it includes Zune media player for music and video. There will be apps for the phones through a windows marketplace. Microsoft's rebirth in mobile may also expand to a new project named Pink to target phones at youths who might otherwise gravitate to the T-Mobile Sidekick, which runs on software designed by Microsoft owned Danger. Microsoft is now focusing its efforts ore on the consumer. In the past, Microsoft wold provide the engine for the car. Now, it is responsible for the entire user experience as it will write more of the software, rather than giving extra leeway to partners. For example, it will design the soft keyboard on the touch screen phones. Microsoft's global partners include wireless carriers and phonemakers such as AT&T, Deutsche, Orange, srint, T-Mobile, Verizon, Hewlett-Packard and Qualcomm.

WalMart WMT $52.9 -0.18 0.34% 17,017,773 NYSE: No mentions found.
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Here are the current CEOs of the Dow 30 Companies:

AT&T T Randall L. Stephenson
Alcoa AA Klaus Kleinfeld
American Express AXP Kenneth I. Chenault
Bank of America BAC Brian T. Moynihan
Boeing BA W. James McNerney, Jr.
Caterpillar CAT Douglas Oberhelman
Chevron CVX John Watson
Cisco CSCO John Chambers
Coca Cola KO Muhtar Kent
Disney DIS Robert Iger
DuPont DD Ellen Kullman
ExxonMobil XOM Rex W. Tillerson
GE Jeffrey R. Immelt
Hewlett-Packard HPQ Mark Hurd
Home Depot HD Frank Blake
Intel INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPMorgan Chase JPM Jamie Dimon
Johnson & Johnson JNJ William C. Weldon
Kraft KFT Irene Rosenfeld
McDonald's MCD Jim Skinner
Merck MRK Robert Clark
Microsoft MSFT Steve Ballmer
Pfizer PFE Jeffrey Kindler
Procter & Gamble PG Bob McDonald
3M MMM George W. Buckley
Travelers TRV Jay S. Fishman
United Technologies UTX Louis Chenevert
Verizon VZ Ivan Seidenberg
Wal-Mart WMT Mike Duke

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest billion as of 2/1/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $318 [5]
2. Microsoft MSFT 252 [9]
3. WalMart WMT 203 [4]
4. Chevron CVX 180 [2.5]
5. Procter & Gamble PG 180 [3]
6. Johnson & Johnson JNJ 174 [3]
7. GE 173 [10.5]
8. IBM 164 [1.5]
9 JPMorgan Chase 156 [4]
10. Pfizer PFE 152 [8]
11. AT&T 150 [6]
12. BAC 134 [8.5]
13. Cisco CSCO 131 [6]
14. Coke KO 126 [2]
15. Hewlett-Packard HPQ 113 [2]
16. Intel INTC 108 [5.5]
17. McDonald's MCD 106 [1.5]
18. Verizon VZ 84 [3]
19. Merck MRK 81 [2]
20. United Technologies UTX 63 [1]
21. 3M MMM 57 [.5]
22. Disney DIS 57 [2]
23. Home Depot 48 [2]
24. American Express AXP 45 [1]
25. Boeing BA 45 [1]
26. Kraft KFT 41 [1.5]
27. Caterpillar CAT 33 [.5]
28. DuPont DD 30 [1]
29. Travelers 28 [.5]
30. Alcoa AA 13 [1]

Here are the latest SEC filings as of 2/1/10 other than ownership filings, registration of shares for employee benefit plans, free writing prospectuses 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: 1/29/10 8K re: 29,500 employees represented by Communications Workers of America District 3 failed to ratify the tentative labor agreement announced on December 14, 2009.

1/28/10 8K re: 4Q earnings were $0.51 per diluted share compared with $0.41 per share for the 4Q '08. 4Q net income was $3.0 bil compared with $2.4 bil for 4Q '08. Reported earnings for the full year '09 were $2.12 per diluted share, down from $2.16 per share for the full year '0 &net income for '09 was $12.5 bil, down from $12.9 bil for '08.

Alcoa AA: 1/27/10 8K re: contributions to pension plan of stock.

1/25/10 8K re: quarterly dividend on Alcoa’s common stock and preferred stock and that a contribution was authorized of up to $600 million in Alcoa common stock to Alcoa’s defined benefit pension plans.

1/12/10 8K re: Alcoa finished its 4Q '08 free cash flow positive, the first such quarterly achievement since 2Q '08. In 4Q '09, Alcoa generated free cash flow of $761 million, a $947 million improvement from 3Q '09 driven by strong cash from operations performance of $1.1 billion, a $940 million increase from the third quarter of 2009.

American Express AXP: 1/25/10 8K re: increases to the annual base salaries Kenneth I. Chenault, Chairman & CEO from $1,250,000 $2,000,000; Edward P. Gilligan, Vice Chairman from $1,100,000 to $1,450,000; Stephen J. Squeri, Group President – Global Services & Chief Information Officer from $750,000 to $1,000,000; and Daniel T. Henry, Exec. VP & CFO from $700,000 to $850,000.

1/21/10 8K re: 4Q EPS of $0.59, up from $0.26 a year ago & other fin'l results.

1/15/10 8K re: owned and managed basis delinquency and write-off statistics for the lending portfolio of its U.S. Card Services operating segment for the months of Oct., Nov. and Dec. '09.

Bank of Am BAC: 1/20/10 8K re: '09 net income of $6.3 bil, compared with net income of $4.0 bil '08. Including preferred stock dividends & the negative impact from the repayment of the U.S. gov’s $45 billion preferred stock investment in the company under the Troubled Asset Relief Program, income applicable to common shareholders was a net loss of $2.2 billion, or $0.29 per diluted share.

1/15/10 8K re: Brian Moynihan, CEO's new senior management team: Steele Alphin, chief admin. officer; Cathy Bessant, Global Technology & Operations exec, David Darnell, pres. of Global Commercial Banking; Barbara Desoer, pres. of Home Loans & Insurance; Anne Finucane, global strategy & marketing officer; Sallie Krawcheck, pres. of Global Wealth & Investment Management; Tom Montag, pres. Global Banking & Markets; Ed O’Keefe, gen'. counsel; Joe Price, president of Consumer, Small Business & Card Banking; Neil Cotty interim CFO; Bruce Thompson chief risk officer; & Greg Curl will focus on key strategic partnerships critical to BAC’s global capabilities.

12/17/09 8K re: election of Brian T. Moynihan to succeed Kenneth D. Lewis as the new President and Chief Executive Officer effective January 1, 2010 and his appointment to the Board and Executive Committee of the Board. Moynihan, 50, joined FleetBoston Financial Corporation in April 1993. He was promoted to lead Corporate Strategy and Development and then went on to lead Global Wealth and Investment Management at FleetBoston. Following the Corporation’s 2004 merger with FleetBoston, he served as president of Global Wealth and Investment Management from April 2004 to October 2007. From October 2007 to December 2008, Mr. Moynihan served as president of Global Corporate and Investment Banking. From December 2008 to January 2009, Mr. Moynihan served as the Corporation’s General Counsel. From January 2009 to August 2009, Mr. Moynihan served as president of Global Corporate and Investment Banking and Global Wealth Management. Since August 2009, he has served as president of Consumer and Small Business Banking.

Boeing BA: 1/27/10 8K re: 4Q '09 results: rev grew to $17.9 bil & operating margin grew to 9.4% with net income of $1.75 per share. Operating cash flow increased to $3.2 bil.

Caterpiller CAT: 1/27/10 8K re: supplemental information concerning deliveries to users for its Machinery and Engines lines of business.
12/15/09 8K re: amendments to Bylaws.

1/27/10 8K re: sales & rev of $32.39 bil for '09, a decrease of 37% from $51.32 biln in '08. Profit per share was $1.43, down 75%. 4Q sales & rev. were $7.9 bil, down 39% from 4Q '08. Profit per share for 4Q was $0.36, down 67% from 4Q '08.

Chevron CVX: 1/29/10 8K re: earnings for 4Q '09: net income was $3.1 bil, down 37% from $4.9 bil in 4Q '08.

12/11/09 8K re: a new base salary of $1,500,000 for J.S. Watson (a $500,000 increase) to be effective January 1, 2010 when Mr. Watson assumes the position of Chairman & CEO and other exec compensation changes.

Cisco CSCO: 11/25/09 8K re: Mark Chandler, Senior Vice President, Legal Services, General Counsel & Secretary of Cisco Systems adopting a pre-arranged stock trading plan.

Coke KO: 10/29/09 10QA

Disney DIS: 1/22/10 Proxy Statement for '10 Annual Meeting of shareholders, which will be held on Wednesday, 3/10/10 at 10 a.m. at the JW Marriott San Antonio Hill Country in San Antonio, Texas.

1/12/10 8K re: new form of agreement for the award of stock units and stock options awarded to executive officers.

1/4/10 8K re: new employment agreement with James A. Rasulo and amendment of employment agreement with Thomas O. Staggs. Rasulo will serve as Sr. EVP & CFO with an annual salary of $1,400,000.

DuPont DD: 1/26/10 8K re: 4Q EPS of $.48 compared to a 4Q '08 loss of $.70 per share. Sales of $6.4 bil were up 10% vs prior year, led by sales growth greater than 20% for titanium dioxide, electronic materials, performance polymers & seed products.

ExxonMobil XOM: 2/1/10 8K re: 4Q results: earnings were $6,050 mil, a decrease of 23% or $1,770 mil from 4Q '08. EPS were $1.27, a decrease of 18%. Capital & exploration expenditures were $8.3 bil, up 21% from the 4Q '08.

GE: 1/22/10 8K re: 4Q ’09 EPS of $0.28; FY ’09 EPS of $1.03; rev of $41.4 bil for Quarter; $157 bi for Year.

12/3/09 8K re: GE, NBC Universal, Inc. and Comcast Corporation entering into a Master Agreement pursuant to which they will form a joint venture. The joint venture will consist of the businesses of NBCU, including its cable networks, filmed entertainment, televised entertainment, theme parks and unconsolidated investments, collectively valued at $30 billion, and Comcast’s cable networks including E!, Versus and the Golf Channel, ten regional sports networks and certain digital media properties, collectively valued at $7.25 billion. NBCU will borrow $9.1 billion from third party lenders, and the proceeds of this debt financing will be distributed to GE. Comcast will make a payment of approximately $6.5 billion in cash to GE. GE also entered into a Stock Purchase Agreement with Vivendi SA pursuant to which,GE will acquire Vivendi’s 20% interest in NBCU for $5.8 billion. GE expects to realize approximately $9.8 billion pre-tax in cash after the buyout of Vivendi’s 20% interest. The new venture initially will be 51% owned by Comcast and 49% owned by GE.

Hewlett-Packard HPQ: 1/27/10 Def. Proxy Statement re: annual stockholders meeting on 3/1710 at 2 pm at Computer History Museum, 1401 N. Shoreline Boulevard, Mountain View, Cal.

1/27/10 8K re: Electronic Data Systems Corporation, which HP acquired in '08 is a defendant in litigation filed in the United Kingdom by Sky Subscribers Services Limited and British Sky Broadcasting Limited in '04 alleging deceit, negligent misrepresentation, negligent misstatement and breach of contract. On 1/26/10, the court issued a decision finding EDS UK liable to BSkyB for deceit in one area of the claim, for negligent misrepresentation and negligent misstatement in another area of the claim, and for breach of contract. The court also dismissed all of BSkyB’s other claims. The court will issue a final quantification of damages at a later date. HP plans to appeal.

Home Depot HD: 12/3/09 10Q

Intel INTC: 1/25/10 8K re: promotions of Renee J. James, Thomas M. Kilroy, Brian M. Krzanich & Stacy J. Smith to sr. vp.

1/15/10 8K re: 4Q earnings of revenue of $10.6B, up 13% sequentially; nearly twice the average seasonal sequential growth seen in 4Q; gross margin of 64.7% was a record, and up 7 points compared to 3Q; operating income of $2.5B was down 3% sequentially, and up 62% from a year ago. Net income of $2.3B was up 23% sequentially, and up 875% from a year ago.

12/17/09 8K re: a press release commenting on the suit filed against Intel by the Federal Trade Commission alleging anticompetitive practices.

IBM: 1/29/10 8K re: compensation for its top 5 execs.

1/19/10 8K re: Record diluted earnings per share of $10.01, up 13%; 7th consecutive year of double-digit EPS growth; record net income of $13.4 bil, up 9%; gross profit margin of 45.7%, 6th consecutive year of increase; record free cash flow of $15.1 bil, up $0.8 bil.

JPMorganChase JPM: 1/25/10 8K re: amendments to By-laws re: special meetings of stockholders.

1/19/10 8K re: 4Q results.

Kraft KFT: 2/1/10 8K re: further details about the dealing facilities that will be available to accepting Cadbury Securityholders who hold their Cadbury Shares or Cadbury ADSs in certificated form.

1/27/10 8K re: Kraft reduced the number of acceptances required to fulfil the Acceptance Condition of the recommended Final Offer for Cadbury from 90% to 50% plus one Cadbury Share.

1/12/10 8K re: increase of guidance for '09 diluted earnings per share to at least $2.00 versus the previous expectation of at least $1.97.1 reflecting strong operating gains & a significant increase in marketing investments versus the prior year.

12/22/09 8K re: amendment of By-Laws to expand the Board to twelve members and appointment of Mackey J. McDonald & Jean-Francois M. L. van Boxmeer as directors, effective January 1, 2010. Mr. McDonald will serve on the Audit Committee, and Mr. van Boxmeer will serve on the Public Affairs Committee.

McDonalds MCD: 1/26/10 8K re: compensation to execs.

1/22/10 8K re: '09 results: global comparable sales increase of 3.8%, fueled by the U.S. 2.6%, Europe 5.2% & Asia/Pacific, Middle East & Africa 3.4%; growth in McDonald’s combined operating margin to 30.1%; consolidated operating income increase of 6% (10% in constant currencies) over the prior year; earnings per share of $4.11, up 9% over the prior year; & return of $5.1 bil to shareholders through shares repurchased & dividends paid, bringing the 3-year total to
$16.6 bil under MCD’s $15 bil to $17 bil cash return to shareholders target for '07 through '09.

1/15/10 8K re: Donald Thompson elected Pres. & Chief Operating Officer. He's been with McDonald's for 19 years.

12/23/09 8K re: am agreement re: the retirement of Ralph Alvarez, President and Chief Operating Officer.

Merck MRK: 11/18/09 8KA amending financial stmts re: the earlier announcement of the consummation on November 3, 2009 of the merger of Merck & Co., Inc. &, Schering-Plough Corporation.

Microsoft MSFT: 1/28/10 10Q.

1/28/10 8K re: record revenue of $19.02 bil for 2Q ended 12/31/09, a 14% increase from the same period of the prior year. Operating income, net income & diluted earnings per share for the quarter were $8.51 bil, $6.66 bil & $0.74 per share, which represented increases of 43%, 60% and 57%, respectively, when compared with the prior year period.

12/4/09 8K re: the resignation of Christopher P. Liddell, the former chief financial officer and his settlement agreement.

Pfizer PFE: 12/16/09 8K re: amendment of bylaws & change in fiscal year.

Procter & Gamble PG: 1/28/10 8K re: net sales growth of 6% for the October - December quarter to $21.0 bil. Organic sales grew 5%. Diluted net earnings per share were $1.49.

1/28/10 10Q

1/12/10 8K re: quarterly dividend of $0.44 per share on the Common Stock & on the Series A & Series B ESOP Conv. Class A Pref. Stock, payable 2/16/10 with record date of 1/22/10, which is its consistent dividend since incorporation in 1890. 4 bil times a day, P&G brands are sold globally, products include Pampers, Tide, Ariel, Always, Whisper, Pantene, Mach3, Bounty, Dawn, Gain, Pringles, Charmin, Downy, Lenor, Iams, Crest, Oral-B, Duracell, Olay, Head & Shoulders, Wella, Gillette, Braun Fusion. P&G has 135,000 employees in 80 countries.

1/8/10 8K re:changes to its segment reporting structure & agreement to sell its global pharmaceuticals business to Warner Chilcott plc.

12/11/09 8K re: the purchase of Sara Lee's Ambi Pur brand by PG.

12/8/09 8K re: Angela F. Braly being appointed to the Board of Directors, effective December 8, 2009.

12/8/09 8K re: the retirement of Alan G. Lafley, Chairman of the Board and former President & CEO, will retire from his position as Chairman of the Board effective January 1, 2010 & Robert A. McDonald (56), currently President & CEO being elected to Chairman of the Board effective January 1, 2010.

3M MMM: 1/28/10 8K re: 4Q earnings of $1.30 per share on sales of $6.1 bil, with operating income margins of 21.9%. Sales & per-share earnings increased 11.1% & 69% year-on-year, respectively. Profits grew at double-digit rates in each of the company’s six business segments and in all geographic regions. Free cash flow for 4Q grew by 16% to $770 million. 3M '09 sales of $23.1 bil & earnings per share of $4.52, down 8.5% & 7.6% respectively. Excluding special items, '09 earnings declined 9.3%to $4.69 per share.

Travelers TRV: 1/26/10 8K re: net income of $1.285 bil, or $2.36 per diluted share, for the quarter ended 12/31/09, compared to $801 mil, or $1.35 per diluted share, for the quarter ended 12/3108. Operating income in the current quarter was $1.155 bil, or $2.12 per diluted share, compared to $939 mil, or $1.58 per diluted share, in the prior year quarter.

United Technologies UTX: 1/27/10 8K re: 4Q '09 earnings per share of $1.15 & net income attributable to common shareowners of $1.1 bil, down 7% and 6%, respectively, over the year ago quarter. Consolidated revenues for the quarter of $14.1 billion were 5% below prior year.

Verizon Communications Inc. VZ: 1/26/10 8K re: Consolidated cash flow growth in 4Q '09: $31.6 bil in cash flow from operations in '09, up $4.0 bil, or 14.5 percent, from '08 & other financial results inlcuding a loss of 23 cents per share and adjusted earnings of 54 cents per share, compared with 4Q '08 EPS of 43 cents and 61 cents, respectively.

WalMartWMT: 1/28/10 8K re: business restructurings to leverage operating expenses consistent with its priorities of growth, leverage and returns. These include the closure of 10 Sam’s Clubs announced on 1/11/10, the elimination of Sam’s Club new business membership representatives, the new operations structure for Walmart U.S.; the integration of the Puerto Rican operations into Walmart U.S. and Sam’s Club.
The net impact from the charges for these business restructurings on 4Q earnings for fiscal year 2010 is estimated to be 0.04 per share. Walmart will announce fourth quarter earnings before the market opens on February 18, 2010.

12/8/09 10Q