4/29/10 Thurs. a.m. Hewlett-Packard to Buy Palm

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The following is not intended as advertising by a broker-dealer and is not a research report. Any comments by third-parties do not reflect the views of Intellivest Securities Research, Inc. and have not been reviewed by us for completeness or accuracy.

Post No. 405. 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 4/1/10 and an update of the Dow 30 component's most recent SEC filings as of 4/1/10.

A read of Thursday's Wall St. Journal, Financial Times, New York Times, USA Today & 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 Wednesday at 11045.27 up 53.28 or 0.48% from Tuesday's close of 10991.91. For the year the Dow is up 5.92%. Of the 30 Dow Companies: gained and declined. The biggest gainer dollar-wise was IBM $130.1 +1.28 0.99% 7,122,626 NYSE and percentage-wise was JPMorgan JPM $43.46 +1.05 2.48% 48,544,047 NYSE. The biggest decliner dollar-wise was WalMart WMT $53.61 -0.43 0.8% 14,897,349 NYSE and percentage-wise was Intel INTC $23.26 -0.09 0.39% 109,008,373 NASDAQ-GS.

WSJ pC1 "Fed's Pledge Pushes Dow Up by 53.28" by Donna Yesalavich, Kristina Peterson says stocks rose as the Fed. Res. maintained its pledge to keep ingterest rates low for an extended period, a signal to many that the spigot of easy money will continue through the end of the year.

WSJ pC5 "JPMorgan, Exxon and BofA pace dow" by Donna Yesalavich says stocks rose, led by fin'l firms, including JPMorgan and Bank of America, and energy giant Exxon Mobil, as the Fed. Res. maintained its easy money stance, saying it would keep interest rates near zero for an extended period. JPMorgan is charted under Good News saying maor banks rose after the fin'l overhaul bill struggled int he Senate amid a plan to drop assessments for a fund to liquidate any failed banks.

Fin Times p28 "Decision on rates helps to keep rally from losing steam" by Masa Serdarevic says a downgrade of Spain's sovereign debt briefly shook US stock markets yesterday bu filed to break the session's rally, as investors welcomed the Fed. Res's decision to keep the benchmark interest rate near zero.

USA p4B "Sizzling ernings season boosts stocks" by Bloomberg says US stocks rose Wed, rebounding from the biggest drop since Fed, as high than estimated earnings and the Fed. Res's pledge to keep interest rates at a record low overshadowed a downgrade of Spain's debt rating.

NYT pB13 "Buoyed by the Fed's Stance, Investors Push Sahres Higher" by Christine Hauser says stocks pushed past concerns over a widening European debt crisis and closed higher on Wall st. on Wed, after the Fed. Res. reassured investors that the economy was iproving and left itnerst rates untouched as predicted.

As of the open of the market Thursday, 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 16.59 up from Wednesday's 16.51 (year ago it was 32.33) the P/E estimate is 14.10 unchanged from Wednesday's 14.10 (year ago it was 22.30) and the current dividend yield is 2.47 dpwm from Wednesday's 2.48 (it was 3.78 a year ago). The Dow's all-time high was 14,164.53 on Oct. 9, 2007.

Wednesday's Dow Jones Industrial Average closing numerator was 1,461.50 up 7.05 from Tuesday's closing numerator of 1,454.45. 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 7.05 for Wednesday by the divisor you get the increase in Wednesday's Dow of 53.28. 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 $48.72 up 0.24 from Tuesday's Dow Jones Industrial Average average closing price of $48.48. The median closing price of Wednesday's Dow Jones Industrial Average was 44.77 up 0.67 from Tuesday's median closing price of $44.10. The lowest volume was MMM $88.24 +0.27 0.31% 5,728,952 NYSE and the highest volume again was Bank of America BAC $17.78 +0.31 1.77% 194,943,435 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 made $720 ($146,160 -$145,440).

Market Watch 4/2810 5:08 p.m. by Kate Gibson says US stocks on Wednesday made a moderate rebound after stronger earnings and a Federal Reserve commitment to keep rates low offset investor unease over Southern Europe's sovereign debt problems.
The Dow Jones Industrial Average (INDU 11,045, +53.50, +0.49%) ended up 53.28 points, or 0.5%, to 11,045.27, led by a 2.5% rise in J.P. Morgan Chase Co. (JPM 43.61, +0.15, +0.35%) shares and a 1.8% gain in Bank of America Corp. (BAC 17.82, +0.04, +0.23%) . Financial stocks also led the S&P 500 higher, getting a lift from some earnings reports, a stalled debate on a bank-reform bill and the Fed's pledge to keep rates low. The S&P 500 SPX 1,191, +7.65, +0.65%) ended up 7.65 points, or 0.7%, to 1,191.36, boosted by more than 1% gain in financials and energy sectors. The Nasdaq Composite (COMP 2,472, +0.26, +0.01%) rose 0.26 point, or 0.01%, to 2,471.73. The major stock indexes, which had dropped sharply in the prior session and wavered in early Wednesday trading, solidified their gains after the Fed reiterated economic conditions warrant leaving rates low for what is likely to be an extended period. The Fed has left rates at an historic low of 0% to 0.25% as it awaits more signs the economy is firmly on the mend. Stocks faltered briefly after Standard & Poor's cut Spain's rating by one notch to AA, the latest blow to Europe's credit outlook. The major indexes had declined the most in nearly three months in the prior session after Standard & Poor's cut its rating on Greece's debt to junk status, and lowered Portugal's debt rating by two notches Read Market Snapshot on Tuesday's stock market. Corporate results on Wednesday included better-than-anticipated reports from raw-materials bellwether Dow Chemical Co. (DOW 31.88, +0.05, +0.16%) , investment manager Invesco Ltd. (IVZ 21.61, +0.88, +4.25%) and media company Comcast Corp. (CMCS.A 18.77, +0.35, +1.90%) (CMCS.K 17.82, +0.30, +1.71%) . Dow Chemical shares added 5.9%. For every stock on the decline more than two were on the rise on the New York Stock Exchange, where nearly 1.4 billion shares traded hands. Gold futures extended their winning streak to a fourth-straight day, adding $9.60, or 0.8%, to settle at $1,171.80 an ounce on Comex. The euro turned lower after the Spain rating cut. In addition to other worries, some analysts expressed concern that economic problems in Europe could dent sales for global companies doing business overseas. See currencies on dollar, euro. Greece has yet to tap into almost $60 billion in rescue funds from the European Union and the International Monetary Fund, with worries mounting that the country could default on more than $11 billion in debt payments due in the middle of next month.

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

AT&T T $25.91 -0.04 0.15% 34,146,407 NYSE: USA pB "Toktumi's Line2 has an answer for yor AT&T iPhone hang-ups" by Edward Baig says a 99 cent iPhone app called Line2 is it allow you to receive calls over the Internet through Wi-Fi so you can overcome poor AT&T reception.

NYT pB8 "Dead Zone doldrums Test Skills of iPhone Csutomers" by Paul Boutin says the iPhone's cellular coverage, provided exclusively by AT&t wireless, is spotty and in some parts of NY and San Fran it is impossible to connect.

Alcoa AA $13.57 +0.13 0.97% 32,566,951 NYSE: No mentions found.

American Express AXP $46.08 +0.29 0.63% 9,533,263 NYSE: WSJ pC6 "A Rare Spotting: ABS Normalcy" by Anrusha Shrivastava says American Express on Wed sold its first credit card loan bond since the gov withdrew support for the asset backed securities market, drawing enough interest to increase the issue size even as it offered investors less than it did a few months ago. The deal for $911.8 mil, up from an original $804.5 mil, came in two parts with different interest rates.

Bank of America BAC $17.78 +0.31 1.77% 194,943,435 NYSE: WSJ pB "BofA's New Chairman Is Ex-DuPont Chief" by Dan Fitzpatrick, Joann Lublin, NYT pB13 "Bank of americ names a New Chairman" by Reuers say Bank of America chose as chairman former DD CEO Charles O. Hooliday Jr. elevating a close adviser to the bank's new boss.

WSJ pC5 "JPMorgan, Exxon and BofA pace dow" by Donna Yesalavich says stocks rose, led by fin'l firms, including JPMorgan and Bank of America, and energy giant Exxon Mobil, as the Fed. Res. maintained its easy money stance, saying it would keep interest rates near zero for an extended period. JPMorgan is charted under Good News saying maor banks rose after the fin'l overhaul bill struggled int he Senate amid a plan to drop assessments for a fund to liquidate any failed banks.

Boeing BA $72.37 -0.11 0.15% 5,699,102 NYSE: No mentions found.

CAT $68.97 0.44 0.64% 8,232,183 NYSE: No mentions found.

Chevron CVX $80.62 +0.39 0.49% 12,112,465 NYSE: No mentions found.

CSCO $27.038 +0.028 0.1% 54,465,582 NASDAQ-GS: No mentions found.

Coke KO $53.36 +0.49 0.93% 12,373,984 NYSE: No mentions found.

Disney DIS $36.29 -0.03 0.08% 10,930,846 NYSE: No mentions found.

DuPont DD $39.46 +0.06 0.15% 12,069,382 NYSE: WSJ pB "BofA's New Chairman Is Ex-DuPont Chief" by Dan Fitzpatrick, Joann Lublin says Bank of America chose as chairman former DD CEO Charles O. Hooliday Jr. elevating a close adviser to the bank's new boss.

Exxon XOM $69.19 +0.92 1.35% 33,227,931 NYSE: WSJ pB1 "Primed at the Pump: Exxon Is Poised to Rally" by Liam Denning says Exxon will likely bat the consensus earnings forecast of $1.41 compared with 92 cents a share int he same period a year ago when it reports earnings today.

WSJ pC5 "JPMorgan, Exxon and BofA pace dow" by Donna Yesalavich says stocks rose, led by fin'l firms, including JPMorgan and Bank of America, and energy giant Exxon Mobil, as the Fed. Res. maintained its easy money stance, saying it would keep interest rates near zero for an extended period. JPMorgan is charted under Good News saying maor banks rose after the fin'l overhaul bill struggled int he Senate amid a plan to drop assessments for a fund to liquidate any failed banks.

GE $18.95 +0.25 1.34% 84,943,035 NYSE: No mentions found.

Hewlett-Packard HPQ $53.28 +0.03 0.06% 15,992,238 NYSE: WSJ pB1 "H-P Gambles on Ailing Palm, WSJ pC12 "HP Hands Palm Holders A Decent Out" by Martin Peers, NYT pB1 "HP to Pay $1.2 bil For Palm" by Ashlee Vance, Jenna Wortham USA p1B "HP play for Palm puts it in smartphone market' by Jon Swartz, AJC pA14 "HP to acquire Palm for $1.4 bil in cash" say smart phone pioneer will be bought by HPQ for $5.70 per share plus some HPQ preferred. The deal is bad news for Micosoft as it dilutes HPQ's commitment to Windows Mobile.

Home Depot HD $35.19 -0.10 0.28% 19,375,010 NYSE: No mentions found.

Intel INTC $23.26 -0.09 0.39% 109,008,373 NASDAQ-GS: No mentions found.

IBM $130.1 +1.28 0.99% 7,122,626 NYSE: No mentions found.

JPMorgan JPM $43.46 +1.05 2.48% 48,544,047 NYSE: No mentions found.

Johnson & Johnson JNJ $64.62 +0.34 0.53% 12,442,576 NYSE: No mentions found.

KFT $29.75 +0.25 0.85% 10,250,303 NYSE: No mentions found.

McDonald's MCD $70.34 -0.19 0.27% 7,588,984 NYSE: No mentions found.

MRK $34.56 +0.08 0.23% 16,878,684 NYSE: No mentions found.

Microsoft MSFT $30.91 +0.065 0.21% 64,452,383 NASDAQ-GS: WSJ pB4 "Gates Invests In Creating New Drugs" by Robert Guth says Microsoft founder Bill Gates invested $10 mil into Schrodinger in a quest to use computers to revolutionize drug development.

Fin Times p16 "Microsoft succeeds in claim over Android property rights" by Richard Waters, WSJ pB4 "HTC Secures Access to Microsoft Patents", USA pB1 say HTC signed a licensing deal to use MSFT's patents in handsets powered by Google's Android software.

WSJ pB1 "H-P Gambles on Ailing Palm, WSJ pC12 "HP Hands Palm Holders A Decent Out" by Martin Peers, AJC pA14 "HP to acquire Palm for $1.4 bil in cash" say smart phone pioneer will be bought by HPQ for $5.70 per share plus some HPQ preferred. The deal is bad news for Micosoft as it dilutes HPQ's commitment to Windows Mobile.

Pfizer PFE $16.53 +0.07 0.43% 60,511,845 NYSE: No mentions found.

Procter & Gamble PG $63.17 +0.06 0.1% 13,082,158 NYSE: No mentions found.

MMM $88.24 +0.27 0.31% 5,728,952 NYSE: No mentions found.

Travelers TRV $51.12 +0.59 1.17% 6,404,956 NYSE: No mentions found.

United Tech UTX $74.66 +0.34 0.46% 6,122,576 NYSE: No mentions found.

Verizon VZ $29.12 +0.37 1.29% 26,599,529 Dual Listed: No mentions found.

WalMart WMT $53.61 -0.43 0.8% 14,897,349 NYSE: No mentions found.

*************************
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 4/1/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $317 [5]
2. Microsoft MSFT 257 [9]
3. WalMart WMT 212 [4]
4. GE 200 [10.5]
5. Procter & Gamble PG 184 [3]
6. Johnson & Johnson JNJ 180 [3]
7. BAC 179 [10]
8. JPMorgan Chase 178 [4]
9. IBM 167 [1]
10. AT&T 153 [6]
11. Chevron CVX 152 [2]
12. Cisco CSCO 149 [6]
13. Pfizer PFE 138 [8]
14. Coke KO 127 [2]
15. Hewlett-Packard HPQ 125 [2]
16. Intel INTC 123 [5.5]
17. Merck MRK 116 [3]
18. Verizon VZ 88 [3]
19. McDonald's MCD 72 [1]
20. United Technologies UTX 69 [1]
21. Disney DIS 67 [2]
22. 3M MMM 59 [.5]
23. Home Depot 55 [2]
24. Boeing BA 55 [1]
25. American Express AXP 49 [1]
26. Kraft KFT 45 [1.5]
27. Caterpillar CAT 39 [.5]
28. DuPont DD 34 [1]
29. Travelers 27 [.5]
30. Alcoa AA 15 [1]

Here are the latest SEC filings as of 4/1/10 market open 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: 3/26/10 8K re: its intent to take a non-cash charge of approximately $1 billion in the first quarter of 2010 to reflect the impact of the health care reform legislation.

Alcoa AA: 3/2/10 Add'l def. proxy materials

American Express AXP: 3/18/10 Add'l def. proxy materials

Bank of Am BAC: 3/17/10 Add'l def. proxy materials

Boeing BA: 3/31/10 8K re: charge off re: income tax charge of approximately $150 million as a result of the Patient Protection and Affordable Care Act, as modified by the Health Care and Education Reconciliation Act.

Caterpiller CAT: 3/24/10 8K re: charge off as a result of the Patient Protection and Affordable Care Act (H.R. 3590) signed into law on March 23, 2010

Chevron CVX: 3/31/10 Add'l def. proxy soliciting material

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

Coke KO: 3/22/10 8K re: transactions related to CCE transaction.

Disney DIS: 3/16/10 8K re: amendment to stock option plan & by-laws

DuPont DD: 3/19/10 Def. add'l proxy materials

ExxonMobil XOM: 3/29/10 8K re: its 2009 Financial and Operating Review

GE: 3/25/10 8K re: credit agreement with lenders led by JPMorgan Chase re: the transaction wherein GE and Comcast will form a joint venture which will consist of the NBCU businesses and Comcast’s cable networks.

Hewlett-Packard HPQ: 3/23/10 8K re: amendment of its Stock Incentive Plan

Home Depot HD: 4/7/10 Proxy Statement

3/25/10 10K Annual Report

Intel INTC: 3/22/10 8K re: John Thornton will not stand for reelection at the Company’s Annual Stockholders’ Meeting to be held on May 19, 2010

IBM: 3/25/10 Add'l def. proxy soliciting materials

JPMorganChase JPM: 3/31/10 Def. add'l proxy materials

Kraft KFT: 3/30/10 Definitive Add'l Proxy material

McDonalds MCD: 3/9/10 8K re: Press release "McDonald’s Global Comparable Sales Increased 4.8% in February"

Merck MRK: 3/11/10 8K re: amendment to the Call Option Agreement among Merck, Merck Sharp & Dohme and sanofi-aventis re: the option granted by Merck to sanofi-aventis to acquire 50% of Merck’s animal health business.

Microsoft MSFT: 1/28/10 10Q.

Pfizer PFE: 3/16/10 Add'l Proxy Materials

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

3M MMM: 3/26//10 8K re: one-time charge it expects to take in the first quarter of 2010 as a result of the Patient Protection and Affordable Care Act signed by the President on March 23, 2010.

Travelers TRV: 3/17/10 Add'l Proxy Materials

United Technologies UTX: 3/24/10 Add'l proxy solicitation materials

2/26/10 Def. Proxy Statement

Verizon Communications Inc. VZ: 3/30/10 Proxy Statement

WalMart WMT: 3/30/10 10K Annual Report
#######################
The following is a template for Thurs. am Blog.
www.DowJonesMonitor.com

The following is not intended as advertising by a broker-dealer and is not a research report. Any comments by third-parties do not reflect the views of Intellivest Securities Research, Inc. and have not been reviewed by us for completeness or accuracy.

Post No. 417. 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 5/1/10 and an update of the Dow 30 component's most recent SEC filings as of 4/1/10.

A read of Thursday's Wall St. Journal, Financial Times, New York Times, USA Today & 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 Wednesday's stock prices and related data.

Dow:The Dow Jones Industrial Average closed Wednesday at 10,868.12 down 58.65 or 0.542% from Tuesday's close of 10,926.77. For the year the Dow is up Of the 30 Dow Companies: 9 gained and 21declined. The biggest gainer dollar-wise and percentage wise was WalMart WMT $54.77 +0.75 1.39% 16,609,823 NYSE. The biggest decliner dollar-wise was Boeing BA $71 -1.79 2.46% 5,509,124 NYSE and percentage-wise was Disney DIS $35.34 -1.25 3.42% 17,964,631 NYSE.

As of the open of the market Thursday, 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 16.09 down from Wednesday's open of 16.09 (year ago it was 36.56) the P/E estimate is 13.95 unchanged from Wednesday's 13.95 (year ago it was 22.77) and the current dividend yield is 2.50 up from Wednesday's 2.50 (it was 3.67 a year ago). The Dow's all-time high was 14,164.53 on Oct. 9, 2007.

Wednesday's Dow Jones Industrial Average closing numerator was 1,438.06 down 7.76 from Tuesday's closing numerator of 1,445.82. 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 7.76 for Wednesday by the divisor (0.132319125) you get the decrease in Wednesday's Dow of 58.65. 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 $47.94 down 0.25 from Tuesday's Dow Jones Industrial Average average closing price of $48.19. The median closing price of Wednesday's Dow Jones Industrial Average was 43.53 down 0.64 from Tuesday's median closing price of $44.17. The lowest volume was Travelers TRV $50.62 +0.62 1.24% 4,062,744 NYSE and the highest volume again was Bank of America BAC $17.53- 0.03 0.17% 194,968,097 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 $750 ($144,570 - $143,820).

Market Watch Wed. 5/5/10 5:06 p.m. by Kate Gibson says US stocks fell for a second day Wednesday as worries that Europe's debt trouble is escalating overshadowed economic reports showing growth in the services sector and additional hiring by private firms. After a triple-digit slide and then a brief visit to positive territory, the Dow Jones Industrial Average (INDU 10,867, -59.86, -0.55%) closed down 60 points, or 0.6%, to 10,866.83. Stocks reacted to heightened concerns over Europe as violence erupted in Greece and a possible downgrade loomed over Portugal's debt. Twenty of the index's 30 components posted losses, led by consumer firm Walt Disney Co. (DIS 35.43, +0.09, +0.26%) and credit-card company American Express Co. (AXP 44.40, -0.03, -0.07%). The Nasdaq Composite Index (COMP 2,402, -21.96, -0.91%) ended 22 points, or 0.9%, lower 2,402.29. The S&P 500 Index (SPX 1,166, -7.73, -0.66%) closed down 7.73 points, or 0.7%, to 1,165.87, with energy and industrials shares down the most and consumer staples leading gainers among its 10 industry groups. For every stock on the rise, roughly four fell on the New York Stock Exchange, where about 1.5 billion shares had traded hands. Composite volume topped 6.9 billion. Among the laggards, shares of Williams Cos. (WMB 22.34, +0.12, +0.54%) fell nearly 5% after the energy company tallied a quarterly loss. But shares of Intercontinental Exchange (ICE 119.07, +0.09, +0.08%) and XL Capital (XL 17.90, -0.09, -0.49%) rallied more than 4% after both financial companies reported earnings that topped expectations. The earnings estimate for the S&P 500 for 2010 has gone from $75 a share at the beginning of the year to $81. Earnings reports slated to arrive after the close included one from JDS Uniphase Corp. (JDSU 12.53, -1.17, -8.54%) . Transocean Ltd. (RIG 73.55, +0.79, +1.09%) , the owner of the rig that blew up ahead of the oil spill in the Gulf of Mexico, was also scheduled to report first-quarter results. Down significantly since the spill, shares of Transocean on Wednesday ended up less than 0.1%. On Tuesday, U.S. equities took their worst hit in three months, battered by investor unease with Greece's prospects and the risk of a broader European financial crisis. Crude prices tumble as energy stocks get rocked by the commodities market, the oil spill in the Gulf of Mexico and bearish weekly inventories data. MarketWatch's Steve Gelsi reports. That uncertainty propelled Europe's shared currency to 13-month lows against the U.S. dollar, with the euro (CUR_EURUSD 1.2815, -0.0002, -0.0156%) falling more than 1% at $1.2827 from $1.3011 in late North American trade on Tuesday. During periods over the past few months, a strengthening dollar has generally translated into lower commodities and equities.
In Athens, three people were reported dead after protests against the government's austerity measures turned violent amid a nationwide strike. Wednesday economic data included ADP's report that private employers had added 32,000 jobs in April, while revisions showed an unexpected rise during the prior month. The data from the payrolls processor come two days ahead of the U.S. government's monthly jobs report, with consensus estimates now calling for an increase of 189,000 in the monthly count coming Friday. Separately, the Institute for Supply Management reported that growth in the U.S. service sector held firm at 55.4% in April, with readings over 50% indicating a majority of firms believe business is getter better as opposed to worse

AT&T T $25.77 -0.13 0.5% 33,486,397 NYSE:

Alcoa AA $12.46 -0.12 0.95% 41,838,424 NYSE:

American Express AXP $44.43 -1.43 3.12% 15,036,038 NYSE:

Bank of America BAC $17.53- 0.03 0.17% 194,968,097 NYSE:

Boeing BA $71 -1.79 2.46% 5,509,124 NYSE:

Caterpillar CAT $65.96 -0.74 1.11% 11,422,626 NYSE:

Chevron CVX $80.19 -0.57 0.71% 13,028,902 NYSE:

CSCO $26.55- 0.0075 0.03% 49,873,950 NASDAQ-GS:

Coke KO $53.66 +0.48 0.9% 11,835,188 NYSE:

Disney DIS $35.34 -1.25 3.42% 17,964,631 NYSE:

DuPont DD $37.87 -0.73 1.89% 9,387,829 NYSE:

Exxon XOM $66.17 -0.30 0.45% 30,261,125 NYSE:

GE $18.1 -0.48 2.58% 106,985,993 NYSE:

Hewlett-Packard HPQ $50.93 +0.29 0.57% 14,031,539 NYSE:

Home Depot HD $35.24 -0.18 0.51% 24,373,753 NYSE:

Intel INTC $22.1725 -0.23 1.03% 96,823,629 NASDAQ-GS:

IBM $127.46 -0.66 0.52% 6,072,714 NYSE:

JPMorgan JPM $42.63 +0.16 0.38% 43,057,232 NYSE:

Johnson & Johnson JNJ $65.14 +0.44 0.68% 13,143,647 NYSE:

KFT $29.75 +0.18 0.61% 14,565,377 NYSE:

McDonald's MCD $70.66 +0.02 0.03% 9,578,086 NYSE:

MRK $35.59 -0.22 0.61% 21,460,364 NYSE:

Microsoft MSFT $29.85 -0.28 0.93% 66,828,462 NASDAQ-GS:

Pfizer PFE $17.18 -0.08 0.46% 99,297,359 NYSE:

Procter & Gamble PG $62.16 +0.45 0.73% 11,611,620 NYSE:

MMM $86.59 -1.09 1.24% 4,879,914 NYSE:

Travelers TRV $50.62 +0.62 1.24% 4,062,744 NYSE:

United Tech UTX $73.59 -0.57 0.77% 6,179,354 NYSE:

Verizon VZ $28.68 -0.07 0.24% 16,273,540 Dual Listed:

WalMart WMT $54.77 +0.75 1.39% 16,609,823 NYSE:
*************************
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 5/1/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $319 [5]
2. Microsoft MSFT 268 [9]
3. WalMart WMT 201 [4]
4. GE 201 [10.5]
5. Procter & Gamble PG 180 [3]
6. BAC 179 [10]
7. Johnson & Johnson JNJ 177 [3]
8. JPMorgan Chase 169 [4]
9. IBM 166 [1]
10. Chevron CVX 163 [2]
11. AT&T 154 [6]
12. Cisco CSCO 154 [6]
13. Pfizer PFE 135 [8]
14. Intel INTC 126 [5.5]
15. Coke KO 123 [2]
16. Hewlett-Packard HPQ 122 [2]
17. Merck MRK 109 [3]
18. Verizon VZ 82 [3]
19. McDonald's MCD 76 [1]
20. Disney DIS 71 [2]
21. United Technologies UTX 70 [1]
22. 3M MMM 63 [.5]
23. Home Depot 60 [1.5]
24. Boeing BA 55 [1]
25. American Express AXP 55 [1]
26. Kraft KFT 51 [1.5]
27. Caterpillar CAT 43 [.5]
28. DuPont DD 36 [1]
29. Travelers 25 [.5]
30. Alcoa AA 14 [1]

Here are the latest SEC filings as of 4/1/10 market open 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: 3/26/10 8K re: its intent to take a non-cash charge of approximately $1 billion in the first quarter of 2010 to reflect the impact of the health care reform legislation.

Alcoa AA: 3/2/10 Add'l def. proxy materials

American Express AXP: 3/18/10 Add'l def. proxy materials

Bank of Am BAC: 3/17/10 Add'l def. proxy materials

Boeing BA: 3/31/10 8K re: charge off re: income tax charge of approximately $150 million as a result of the Patient Protection and Affordable Care Act, as modified by the Health Care and Education Reconciliation Act.

Caterpiller CAT: 3/24/10 8K re: charge off as a result of the Patient Protection and Affordable Care Act (H.R. 3590) signed into law on March 23, 2010

Chevron CVX: 3/31/10 Add'l def. proxy soliciting material

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

Coke KO: 3/22/10 8K re: transactions related to CCE transaction.

Disney DIS: 3/16/10 8K re: amendment to stock option plan & by-laws

DuPont DD: 3/19/10 Def. add'l proxy materials

ExxonMobil XOM: 3/29/10 8K re: its 2009 Financial and Operating Review

GE: 3/25/10 8K re: credit agreement with lenders led by JPMorgan Chase re: the transaction wherein GE and Comcast will form a joint venture which will consist of the NBCU businesses and Comcast’s cable networks.

Hewlett-Packard HPQ: 3/23/10 8K re: amendment of its Stock Incentive Plan

Home Depot HD: 4/7/10 Proxy Statement

3/25/10 10K Annual Report

Intel INTC: 3/22/10 8K re: John Thornton will not stand for reelection at the Company’s Annual Stockholders’ Meeting to be held on May 19, 2010

IBM: 3/25/10 Add'l def. proxy soliciting materials

JPMorganChase JPM: 3/31/10 Def. add'l proxy materials

Kraft KFT: 3/30/10 Definitive Add'l Proxy material

McDonalds MCD: 3/9/10 8K re: Press release "McDonald’s Global Comparable Sales Increased 4.8% in February"

Merck MRK: 3/11/10 8K re: amendment to the Call Option Agreement among Merck, Merck Sharp & Dohme and sanofi-aventis re: the option granted by Merck to sanofi-aventis to acquire 50% of Merck’s animal health business.

Microsoft MSFT: 1/28/10 10Q.

Pfizer PFE: 3/16/10 Add'l Proxy Materials

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

3M MMM: 3/26//10 8K re: one-time charge it expects to take in the first quarter of 2010 as a result of the Patient Protection and Affordable Care Act signed by the President on March 23, 2010.

Travelers TRV: 3/17/10 Add'l Proxy Materials

United Technologies UTX: 3/24/10 Add'l proxy solicitation materials

2/26/10 Def. Proxy Statement

Verizon Communications Inc. VZ: 3/30/10 Proxy Statement

WalMart WMT: 3/30/10 10K Annual Report