3/3/10 Wed. pm Dow Closes 10,396.76 down 9.22 or 0.09%

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Post #323 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 3/1/10 and an update of the Dow 30 component's most recent SEC filings as of 3/1/10.

The Dow Jones Industrial Average closed Wednesday at 10,396.76 down 9.22 up 0.09% from Tuesday's close of 10,405.98. Of the 30 Dow Companies: 11 gained, Microsoft was unchanged and 18 declined. The biggest gainer dollar-wise and percentage-wise was Coca-Cola KO $53.93 +0.63 1.18% 12,793,551 NYSE. The biggest decliner dollar-wise was IBM $126.88 -0.54 0.42% 6,387,228 NYSE and percentage-wise was Intel INTC $20.52 -0.1775 0.86% 49,811,381 NASDAQ-GS.

As of the open of the market Wednesday, 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 16.22 unchanged from Tuesday's P/E ratio of 16.22 (year ago it was 22.31) the P/E estimate is 13.21 unchanged from Tuesday's P/E estimate of 13.21(year ago it was 10.81) and the current dividend yield is 2.61 unchanged from Tuesday's dividend yield of 2.61 (it was 4.68 a year ago).

Wednesday's Dow Jones Industrial Average closing numerator was 1375.69 down 1.21 from Tuesday's closing Dow numerator of 1,376.90. 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 1.21 for Wednesday by the divisor you get the decrease in Wednesday's Dow close of 9.22. 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 Wednesday's Dow Jones Industrial Average was $45.86 down up 0.04 from Tuesday's Dow Jones Industrial Average closing price of $45.90. The median closing price of Wednesday's Dow Jones Industrial Average was 49.90 down 0.10 from Tuesday's median closing price of 40.00. The lowest volume was 3M MMM $81 -0.13 0.16% 2,851,097 NYSE and the highest volume again was Bank of America BAC $16.37 -0.09 0.55% 153,606,636 NYSE.

If Wednesday 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 lost $120 ($137,700 - 137,580).

Market Watch Market March 3, 2010 EST by Peter McKay, Donna Kardos Yesalavich,

U.S. stocks relapse as health-care sector weighs -- Stocks faltered Wednesday, hurt by weakness in the health-care sector fueled by unpromising test results for a new Alzheimer's drug and a new call by President Obama to pass federal health-care legislation. The market rallied through most of the session, aided by favorable readings of jobs, service-sector activity, and the Federal Reserve's beige book of regional indicators. But the gains dried up late in the session. The Dow Jones Industrial Average (INDU 10,397, -9.22, -0.09%) ended with a 9.22-point decline at 10,396.76, after rising more than 60 points at its morning high. It's down 0.3% year-to-date. The session decline marked the second time in a row that the Dow failed to maintain an intraday rally that could have put it in the black for 2010. The Nasdaq Composite Index(COMP 2,281, -0.11, 0.00%) slipped by a fraction of a point to 2,280.68. The S&P 500 (SPX 1,119, +0.48, +0.04%) was up 0.48 point to 1,118.79. Both indexes were flat in percentage terms. Pfizer Inc. (PFE 17.31, -0.28, -1.59%) was the Dow's weakest component, with its shares off 1.6% after Medivation Inc. (MDVN 13.10, -27.15, -67.45%) said its experimental Alzheimer's disease treatment Dimebon, which was in development with Pfizer, failed to show effectiveness in a large late-stage study. The news sent shares of Medivation, which is not a Dow stock, plunging 67.5%. Health insurers clung to gains after the speech but a number of drug distributors lost ground after Obama proposed elimination of "wasteful" subsidies of pharmaceutical companies. Obama said he is seeking to push the "long and wrenching debate" over health care into its final stages and asked lawmakers to schedule a vote on overhaul legislation "in the next few weeks." Health-care stocks have been sensitive to the possibility that any possible changes enacted in Washington might cut into private providers' profits. The sector picked up a bit in mid-January when Republicans picked up a 41st seat in the Senate -- a development that was thought by many to dim the prospects of passage of a health bill. But on Wednesday, investors had to reconsider the possibility that a bill might get through after all. Starbucks Patrons Weigh In On Gun IssueShould people be allowed to carry guns into places like Starbucks? The company says it'll abide by local laws, but customers in San Francisco tell Rex Crum they really don't relish handguns with their lattes. The session's strong economic data helped basic-materials and industrial stocks, which tend to be sensitive to the pace of global recovery. Caterpillar Inc. (CAT 58.57, +0.42, +0.72%) and Alcoa Inc. (AA 13.34, +0.10, +0.76%) were up 0.7% and 0.8% respectively, while General Electric Co. (GE 16.03, +0.13, +0.82%) was up 0.8%.
Among stocks to watch, Novell Inc. (NOVL 6.08, +1.33, +28.00%) shares surged 28% to $6.08, topping an offer price announced late Tuesday from hedge fund Elliott Associates and sparking speculation another software company or hedge fund could step in with a higher bid. Volume was below-average, with composite turnover in New York Stock Exchange-listed companies hitting 4 billion shares. Treasury prices edged lower. The benchmark 10-year note was off 3/32 to 3.621%. The euro strengthened versus the dollar following Greece's announcement of an austerity plan meant to address its debt crisis. The U.S. Dollar Index DXY 80.01, -0.54, -0.68%) was off 0.7%. The dollar's weakness helped to push up prices of raw materials. The broad Dow Jones-UBS Commodity Index was up 1.1%, helped by a 1.5% jump in oil. Crude futures rose for a second straight day, up $1.19 to $80.87 a barrel, the highest close in nearly two months.

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

AT&T T $24.89 +0.01 0.04% 20,683,772 NYSE
Alcoa AA $13.34 +0.10 0.76% 32,954,572 NYSE
American Express AXP $38.28 -0.11 0.29% 8,218,940 NYSE
Bank of America BAC $16.37 -0.09 0.55% 153,606,636 NYSE
Boeing BA $64.45 +0.01 0.02% 4,284,412 NYSE
Caterpillar CAT $58.57 +0.42 0.72% 8,825,808 NYSE
Chevron CVX $73.13 -0.19 0.26% 8,186,417 NYSE
Cisco CSCO $24.84 +0.23 0.93% 50,592,170 NASDAQ-GS
Coca-Cola KO $53.93 +0.63 1.18% 12,793,551 NYSE
Disney DIS $31.64 -0.24 0.75% 10,338,511 NYSE
DuPont DD $34.26 +0.23 0.68% 6,573,519 NYSE
ExxonMobil XOM $65.43 -0.06 0.09% 22,262,063 NYSE
GE $16.03 +0.13 0.82% 83,709,362 NYSE
Hewlett-Packard HPQ $51.1 -0.02 0.04% 11,436,486 NYSE
Home Depot HD $31.47 +0.11 0.35% 13,852,966 NYSE
Intel INTC $20.52 -0.1775 0.86% 49,811,381 NASDAQ-GS
IBM $126.88 -0.54 0.42% 6,387,228 NYSE
J.P.Morgan Chase JPM $41.53 -0.09 0.22% 27,527,745 NYSE
Johnson & Johnson JNJ $63.4 -0.04 0.06% 9,337,118 NYSE
Kraft KFT $28.97 +0.06 0.21% 13,527,156 NYSE
McDonald's MCD $63.63 -0.44 0.69% 6,393,177 NYSE
Merck MRK $37.21 -0.18 0.48% 12,564,351 NYSE
Microsoft MSFT $28.46 unch unch 48,082,636 NASDAQ-GS
Pfizer PFE $17.32 -0.28 1.59% 108,967,350 NYSE
Procter & Gamble PG $63.55 -0.16 0.25% 7,904,613 NYSE
3M MMM $81 -0.13 0.16% 2,851,097 NYSE
Travelers TRV $53.12 -0.17 0.32% 3,891,091 NYSE
United Technologies UTX $69.6 -0.15 0.22% 4,831,262 NYSE
Verizon VZ $29.13 -0.13 0.44% 13,346,005 NYSE
WalMart WMT $53.66 +0.07 0.13% 11,622,284 NYSE
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The following are excerpts from Wed. am Blog:

A read of Wednesday's print editions of: The Wall Street Journal, Financial Times, USA Today, The New York Times & Atlanta Journal & Constitution 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 Tuesday's stock prices and related data.

Dow: The Dow Jones Industrial Average closed Tuesday at 10,405.98 up 2.19 or 0.02% from Monday's close of 10,403.79. Of the 30 Dow Companies: 17 gained, 2 were unchanged and 11 declined. For the year the Dow is done 0.21%. The biggest gainer dollar-wise was 3M Disney DIS $31.88 +0.34 1.08% 14,053,649 NYSE and percentage-wise was MMM $81.13 +0.55 0.68% 3,364,247 NYSE. The biggest decliner dollar-wise was IBM $127.42 -1.15 0.89% 6,012,637 NYSE and percentage-wise was Microsoft MSFT $28.46 -0.56 1.93% 93,121,738 NASDAQ-GS NYSE.

Dow: WSJ pC1 "Dow Creeps Higher; Still Down for '10" by Peter A. McKay says stocks gained slightly as higher commodities prices lifted energy and raw materials stocks, though blue chips failed to stay in positive territory for the year. The Dow was helped by a 1.1% gain in Disney. It was held in check by a 1.9% decline in Microsoft. Bank of America fell 1.5%. Intel & Hewlett-Packard fell 0.8% each as traders shunned the market's riskiest sectors, especially technology. Industrial and raw materials stocks were strong, with Boeing and Chevron up 0.7%, while Caterpillar rose 0.5 benefiting from recent encouraging data on manufacturing activity.

Fin Times p22 "Wells Fargo leads pack higher as financials recover" by Masa Serdavec says US equities extended their rally for the second day yesterday as sentiment continued to improve on anticipation of a Greek bailout, but traders remained cautious in the absence of significant positive macro or corporate data and the rally lost steam towards the end of the session.

NYT pB2 "Stocks make Faint Gains as Jobless Data Looms" by Javier C. Hernandez says reassurances that Greece wold take further steps to trim its deficit helped prop up financial markets on Tues. But the day's gains largely evaporated in the afternoon as concern over unemployment and a possible increase in interest rates resurfaced.

USA Today p5B "Takeover news keeps stocks moving up" by AP says the stock market had its 3rd consecutive winning session Tues. on signs that firms are becoming more optimistic about the economy.

WSJ pC5 "Staples Tumbles 10%; Qualcomm Advances" by Donna Kardos Yesalavich says stocks inched higher as enthusiasm for improvements in manufacturing conditions lifted Boeing and Caterpillar, but tech stocks, including Microsoft, fell. The teck sector kept gains in check. Microsoft fell 1.9%, IBM dropped 0.9%, while Intel fell 0.8% and Hewlett-Packard declined 0.8%.

Tuesday's Dow Jones Industrial Average closing numerator was 1376.90 up 0.59 from Monday's closing Dow numerator of 1,376.32. 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 0.59 for Tuesday by the divisor you get the increase in Tuesday's Dow close of 2.19. 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 $45.90 up 0.01 from Monday's Dow Jones Industrial Average closing price of $45.89. The median closing price of Tuesday's Dow Jones Industrial Average was 40.00 up 0.02 from Tuesday's median closing price of 39.98. The lowest volume was 3M MMM $ 81.13 +0.55 0.68% 3,364,247 NYSE and the highest volume again was Bank of America BAC $16.46 -0.25 1.5% 182,922,072 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 $30 ($137,700 -$137,670).

Market Watch Market March 2, 2010, 5:50 p.m. says the Dow Jones Industrial Average (INDU 10,406, +2.04, +0.02%) ended with a 2.2-point gain at 10,405.98, its gains held in check by a 1.9% decline in Microsoft Corp. (MSFT 28.48, +0.02, +0.07%) shares. Walt Disney Co. (DIS 31.90, +0.02, +0.06%) shares rose 1%. The S&P 500 Index (SPX 1,118, +2.60, +0.23%) added 2.6 points, or 0.2%, to finish at 1,118.31. The Nasdaq Composite Index (COMP 2,281, +7.22, +0.32%) climbed 7.22 points, or 0.3%, to 2,280.79. Fueling the earlier advance, mergers lifted investor sentiment and technology stocks were boosted by Qualcomm Inc.'s (QCOM 38.15, +0.22, +0.58%) $3 billion stock buyback. The S&P 500's technology, consumer discretionary and telecommunication sectors finished the day lower, however, partially offsetting gains in materials and energy. At its intraday high, the Dow was up about 29 points for the year, its first push into positive year-to-date territory since January. The measure was hit by a wave of afternoon selling to end down 22 points for the year. The S&P 500 and Nasdaq Composite are still higher for the year. Now that fourth-quarter earnings season is past, investors are focusing more on economic data and moves by governments world-wide to normalize economic and monetary policies following the global financial crisis. Greece Braces For Tough TimesLocal experts express confidence that Greece will lower its deficit and avoid a meltdown. These measures, however, are likely to weigh on the country's economic performance.
"I think it all comes back to the jobs numbers, which are so important to consumer spending," said portfolio manager Kim Caughey, of Fort Pitt Capital Group. Among stocks on the move, Qualcomm shares rose 6.7% after the company increased its stock buyback authority and increasing its dividend by 12%. Shares of fertilizer maker Terra Industries (TRA 45.65, -0.02, -0.04%) jumped 11% after CF Industries Holdings (CF 106.42, -1.12, -1.04%) resumed its pursuit of the company with a $4.72 billion offer that seeks to break up the agreed bid from Norway's Yara International. Staples, Inc. (SPLS 23.28, +0.03, +0.13%) shares fell 10% after the office supplies retailer gave a full-year outlook that fell short of expectations. Crude oil prices returned to their perch above $80 a barrel, while gold was up $19.10 to $1,136.90 per ounce in New York. The dollar fell against the euro and yen.

AT&T T $24.88 -0.12 0.48% 33,401,986 NYSE: WSJ pB4 "AT&T Says iPhone isn't Going Away" by Roger Cheng says AT&T CEO Randall Stephenson said he expects Apple's iPhone to be an important part of its line up for some time despite speculation that the firm could lose its exclusive deal to carry the phone in the US in coming months.

Alcoa AA $13.24 -0.07 0.53% 32,505,197 NYSE: No mentions found.

American Express AXP $38.39 +0.26 0.68% 9,937,710 NYSE: No mentions found.

Bank of America BAC $16.46 -0.25 1.5% 182,922,072 NYSE: WSJ pC1 "Dow Creeps Higher; Still Down for '10" by Peter A. McKay says stocks gained slightly as higher commodities prices lifted energy and raw materials stocks, though blue chips failed to stay in positive territory for the year. The Dow was helped by a 1.1% gain in Disney. It was held in check by a 1.9% decline in Microsoft. Bank of America fell 1.5%. Intel & Hewlett-Packard fell 0.8% each as traders shunned the market's riskiest sectors, especially technology. Industrial and raw materials stocks were strong, with Boeing and Chevron up 0.7%, while Caterpillar rose 0.5 benefiting from recent encouraging data on manufacturing activity.

Boeing BA $64.44 +0.44 0.69% 4,383,003 NYSE: WSJ pC1 "Dow Creeps Higher; Still Down for '10" by Peter A. McKay says stocks gained slightly as higher commodities prices lifted energy and raw materials stocks, though blue chips failed to stay in positive territory for the year. The Dow was helped by a 1.1% gain in Disney. It was held in check by a 1.9% decline in Microsoft. Bank of America fell 1.5%. Intel & Hewlett-Packard fell 0.8% each as traders shunned the market's riskiest sectors, especially technology. Industrial and raw materials stocks were strong, with Boeing and Ehvron up 0.7%, while Caterpillar rose 0.5 benefiting from recent encouraging data on manufacturing activity.

Caterpillar CAT $58.15 +0.30 0.52% 6,582,802 NYSE: WSJ pC1 "Dow Creeps Higher; Still Down for '10" by Peter A. McKay says stocks gained slightly as higher commodities prices lifted energy and raw materials stocks, though blue chips failed to stay in positive territory for the year. The Dow was helped by a 1.1% gain in Disney. It was held in check by a 1.9% decline in Microsoft. Bank of America fell 1.5%. Intel & Hewlett-Packard fell 0.8% each as traders shunned the market's riskiest sectors, especially technology. Industrial and raw materials stocks were strong, with Boeing andChevron up 0.7%, while Caterpillar rose 0.5 benefiting from recent encouraging data on manufacturing activity.

Chevron CVX $73.32 +0.51 0.7% 9,257,103 NYSE: WSJ pC1 "Dow Creeps Higher; Still Down for '10" by Peter A. McKay says stocks gained slightly as higher commodities prices lifted energy and raw materials stocks, though blue chips failed to stay in positive territory for the year. The Dow was helped by a 1.1% gain in Disney. It was held in check by a 1.9% decline in Microsoft. Bank of America fell 1.5%. Intel & Hewlett-Packard fell 0.8% each as traders shunned the market's riskiest sectors, especially technology. Industrial and raw materials stocks were strong, with Boeing and Chevron up 0.7%, while Caterpillar rose 0.5 benefiting from recent encouraging data on manufacturing activity.

Cisco CSCO $24.61 +0.01 0.04% 51,403,636 NASDAQ-GS: No mentions found.

Coca-Cola KO $53.3 +0.03 0.06% 12,253,068 NYSE: & AJC pA11 ACCE shareholder suit challenges Coke deal" by Jeremiah McWilliams say Coca Cola's takeover for $13 bil of Coca Cal Enterprises' N. American bottling operations would underpay CCE shareholders, according to a lawsuit that seeks class action status filed in Fulton County Superior Court in Ga.

AJC pA11 "Union leaders in Guatemala sue Coca-Cola" by Jeremiah mcWillams say Guatemalan union leaders are suing Coca Cola claimingit of negligence re: violence aimed at union activists.

Disney DIS $31.88 +0.34 1.08% 14,053,649 NYSE: WSJ pC16 "The ABC's of Cablevision's Dispute Over TV Fees" by Martin Peers & WSJ pB8 "Disney, Cablevision Face Off" by Sam Schechner & NYT pB5 "Disney & Cablevision Take ABC Fight Public" by Brian Stelter, Brooks Barnes say Disney's fee dispute with Cablevision Systems over transmission of the ABC network to 3 mil NY area homes has its roots in a 17 year industry arrangement wherein cable oprators pay fees to entertainment firms for the right to air little watched channels but the real value in the deal was in their broadcast networks being made available supposedly for fee. Cable operators have to accept the blame for this, having refused in '93 to pay cash for broadcast outlets when their owners first asked. Instead, cable operators agreed to carry new cable channels started by the broadcasters. The then parents of ABC and ESPN set a precedent by dropping its request for cash in exchange for operators carrying a new network ESPN2.

NYT pB1 "Viacom and Hulu part Ways" by Brian Stelter says in the first major fracture between tv show owners and the popular Hulu.com, partially owned by Disney's ABC, Viacom will remove "The Daily Show With Jon Stewart", "The Colbert Report" and other Comedy Central programs from the video site next week, whih is a serious loss for Hulu. Hulu is still unprofitable although the site's monthly video view have surged in recent months to 1.01 bil in Dec.

WSJ pC1 "Dow Creeps Higher; Still Down for '10" by Peter A. McKay says stocks gained slightly as higher commodities prices lifted energy and raw materials stocks, though blue chips failed to stay in positive territory for the year. The Dow was helped by a 1.1% gain in Disney. It was held in check by a 1.9% decline in Microsoft. Bank of America fell 1.5%. Intel & Hewlett-Packard fell 0.8% each as traders shunned the market's riskiest sectors, especially technology. Industrial and raw materials stocks were strong, with Boeing and Chevron up 0.7%, while Caterpillar rose 0.5 benefiting from recent encouraging data on manufacturing activity.

DuPont DD $34.03 unch unch 7,629,690 NYSE: No mentions found.

ExxonMobil XOM $65.49 +0.09 0.14% 24,823,513 NYSE: Fin Times p15 "BP expects savings to lift profits by $3 bil" by Ed Crooks, WSJ pB2 "BP Plans Measures to Boost Profit" by Guy Chazan say BP said it is pushing through the biggest shake up of its oil production biz since it bought Amoco 12 years ago as it seeks to increase annual profits by more than $3 bil over the next 3 years. BP trails those of Exxon Mobil which is considered the firm to beat.

GE $15.9 unch unch 52,571,824 NYSE: No mentions found.

Hewlett-Packard HPQ $51.12 -0.42 0.81% 15,012,692 NYSE: WSJ pC5 "Staples Tumbles 10%; Qualcomm Advances" by Donna KardosYyesalavich says stocks inched higher as enthusiasm for improvements in manufacturing conditions lifted Boeing and Caterpillar, but tech stocks, including Microsoft, fell. The teck sector kept gains in check. Microsoft fell 1.9%, IBM dropped 0.9%, while Intel fell 0.8% and Hewlett-Packard declined 0.8%.

Home Depot HD $31.36 -0.07 0.22% 15,182,779 NYSE: No mentions found.

Intel INTC $20.6975 -0.1725 0.83% 59,371,776 NASDAQ-GS: No mentions found.

IBM $127.42 -1.15 0.89% 6,012,637 NYSE: WSJ pC5 "Staples Tumbles 10%; Qualcomm Advances" by Donna Kardos yesalavich says stocks inched higher as enthusiasm for improvements in manufacturing conditions lifted Boeing and Caterpillar, but tech stocks, including Microsoft, fell. The teck sector kept gains in check. Microsoft fell 1.9%, IBM dropped 0.9%, while Intel fell 0.8% and Hewlett-Packard declined 0.8%.

J.P.Morgan Chase JPM $41.62 -0.21 0.5% 33,890,775 NYSE: Fin Times p20 "Goldman & JPMorgan enter metal warehousing" by Javier Blas says the 2 firms ahve entered the little known but very profitable biz of metal warehousing. The deals reflect banks' appetite for exposure to physical commodities beyond traditional commodities derivatives.

WSJ pC1 "Banks Begin To Withdraw From Their Branch Boom" by Robin Sidel says the total number of retail branches for banks in the IS will decline for the first time since '02. Major acquirers of banks are J.P.Morgan Chase and PNC Financial Services Group who are then getting rid of overlapping branches.

WSJ pC6 says former JPMorgan Chase real estate investment banker Michael Errichetti has joined Keefre, Bruyette & Woods as managing director.

Johnson & Johnson JNJ $63.44 +0.05 0.08% 9,013,921 NYSE: No mentions found.

Kraft KFT $28.91 +0.19 0.66% 13,813,715 NYSE: No mentions found.

McDonald's MCD $64.07 +0.09 0.14% 6,271,660 NYSE: No mentions found.

Merck MRK $37.39 +0.12 0.32% 12,254,196 NYSE: No mentions found.

Microsoft MSFT $28.46 -0.56 1.93% 93,121,738 NASDAQ-GS: Fin Times p14 "Apple claims HtC violated its patents" by David Geiles, WSJ pB1 "Apple Sues Rival Over Cellphone Patents" by Roger Cheng, Nick Wingfield, NYT pB1 "Apple Sues Nexus One Maker HTC" by Brad Stone,USA Today p1B say Apple launched a legal broadside against a key Google partner in the cellphone markets, the latest sign of the escalating tensions between the two Silicon Valley firms. Apple alleged patent violations in lawsuits against HTC Corp., a Taiwan based manufacturer of smart phones that run both android and software from Microsoft and accounted for 4.6% of the market in '09.

WSJ pC1 "Dow Creeps Higher; Still Down for '10" by Peter A. McKay says stocks gained slightly as higher commodities prices lifted energy and raw materials stocks, though blue chips failed to stay in positive territory for the year. The Dow was helped by a 1.1% gain in Disney. It was held in check by a 1.9% decline in Microsoft. Bank of America fell 1.5%. Intel & Hewlett-Packard fell 0.8% each as traders shunned the market's riskiest sectors, especially technology. Industrial and raw materials stocks were strong, with Boeing and Chevron up 0.7%, while Caterpillar rose 0.5 benefiting from recent encouraging data on manufacturing activity.

Pfizer PFE $17.6 -0.15 0.85% 64,656,231 NYSE: No mentions found.

Procter & Gamble PG $63.71 +0.20 0.31% 8,003,502 NYSE: No mentions found.

3M MMM $81.13 +0.55 0.68% 3,364,247 NYSE: No mentions found.

Travelers TRV $53.29 +0.21 0.4% 3,618,311 NYSE: No mentions found.

United Technologies UTX $69.75 +0.11 0.16% 5,956,143 NYSE: No mentions found.

Verizon VZ $29.26 +0.27 0.93% 17,352,853 NYSE: No mentions found.

WalMart WMT $53.59 -0.31 0.58% 14,080,821 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 3/1/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $314 [5]
2. Microsoft MSFT 258 [9]
3. WalMart WMT 205 [4]
4. Chevron CVX 178 [2.5]
5. Procter & Gamble PG 184 [3]
6. Johnson & Johnson JNJ 175 [3]
7. GE 170 [10.5]
8. IBM 167 [1]
9 JPMorgan Chase 164 [4]
10. AT&T 148 [6]
11. BAC 145 [8.5]
12. Pfizer PFE 143 [8]
13. Cisco CSCO 142 [6]
14. Coke KO 123 [2]
15. Hewlett-Packard HPQ 121 [2]
16. Intel INTC 115 [5.5]
17. McDonald's MCD 106 [1.5]
18. Verizon VZ 82 [3]
19. Merck MRK 79 [2]
20. United Technologies UTX 65 [1]
21. Disney DIS 61 [2]
22. 3M MMM 57 [.5]
23. Home Depot 53 [2]
24. Boeing BA 48 [1]
25. American Express AXP 45 [1]
26. Kraft KFT 42 [1.5]
27. Caterpillar CAT 36 [.5]
28. DuPont DD 31 [1]
29. Travelers 27 [.5]
30. Alcoa AA 14 [1]

Here are the latest SEC filings as of 3/1/10 market close 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: 2/25/10 10K Annual Report

Alcoa AA: 2/23/10 8K re: Personnel Changes

2/19/10 Prelim. Proxy on Form 14A

2/18/10 10K Annual Report

American Express AXP: 2/26/10 10K Annual Report

Bank of Am BAC: 2/26/10 10K Annual Report

2/26/10 Prelim, Proxy Statement on Form 14A

Boeing BA: 2/26/10 8K re: departure and compensation of certain officers

2/8/10 10K Annual Report

Caterpiller CAT: 2/19/10 10K Annual Report

Chevron CVX: 2/25/10 10K Annual Report

Cisco CSCO: 2/17/10 10Q Quarterly Report

Coke KO: 2/26/10 10K Annual Report

Disney DIS: 2/25/10 8K re: 3 year credit agreement

2/9/10 10Q Quarterly Report

DuPont DD: 2/17/10 10K Annual Report

ExxonMobil XOM: 2/26/10 10K Annual Report

GE: 2/19/10 10K Annual Report

Hewlett-Packard HPQ: 2/17/10 8K re: results of operations for quarter ended 1/31/10

2/5/10 10K/A Amended Annual Report

Home Depot HD: 2/23/10 8K re: quarterly results

Intel INTC: 2/22/10 10K Annual Report

IBM: 2/23/10 10K Annual Report

JPMorganChase JPM: 2/26/10 8K re: Investor Day FD Disclosures

2/24/10 10K Annual Report

Kraft KFT: 2/25/10 10K Annual Report

McDonalds MCD: 2/26/10 10K Annual Report

Merck MRK: 3/1/10 10K Annual Report

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: 2/261/0 10K Annual Report

Procter & Gamble PG: 2/18/10 8K re: FD disclosures re: guidance given at an analyst conference

3M MMM: 2/16/10 10K Annual Report

Travelers TRV: 2/18/10 10K Annual Report

United Technologies UTX: 2/26/10 Def. Proxy Statement on Form 14A

2/11/10 10K Annual Report

Verizon Communications Inc. VZ: 2/26/10 10K Annual Report

WalMartWMT: 2/18/28/10 8K re: 4th quarter and annual results of operations; guidance