5/18/10 Tues. am Boeing Slows 787 Assemble, Will Increase 737 Production

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. 436. The following is brought to you by Intellivest Securities Research, Inc. Toward 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 SEC filings as of 5/10/10.

A read of Tuesday'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 Monday's stock prices and related data.

Dow The Dow Jones Industrial Average closed Monday at 10,625.83 up 5.67 0.05%. For the year the Dow is up 1.90%. Of the 30 Dow Companies 15 gained 3 unchnaged and 12 declined. The biggest gainer dollar-wise was Procter & Gamble PG $63.38 +0.84 1.34% 14,584,798 NYSE and percentage-wise was Kraft KFT $30.55 +0.52 1.73% 13,539,651 NYSE. The biggest decliner dollar-wise was Caterpillar CAT $63.78 -1.10 1.7% 11,728,562 NYSE and percentage-wise was Alcoa AA $12.1 -0.26 2.1% 38,700,449 NYSE.

WSJ pC1 "Dow Climbs 5.67 Points Digging out from a Drop" by Peter McKay says stocks swooned but made a comeback Mon as the euro recovered and oila voided a finish below $70 a barrel.

WSJ pC5 "Kraft, P&G Move Up: DeVry Tacks on 4.9%" by Donna Yesalavich says stocks edged up Mon, led by consumer stocks such as Kraft and Procter & Gamble, But cont'd concerns about the euro zone sent investors away from industrial firms dependent on global growth, including Caterpillar, along with energy and material stocks. Alcoa slipped 2.1%, Exxon Mobil was off 0.5%. American Express was strong with a gain of 1.4% as a regulatory filing showed its US borrowers at least a month behind in their card payments declined to 3.1% in April from 3.3% in March.

NYT pB3 "After Steep Sell Off, Dow Rallies Back" by Christine Hauser, David Jolly says stocks staged a late rally and closed slightly higher on Mon, rebounding from a broad early decline rooted in concern that Europe's debt problems could slow the global economic recovery.

Fin Times p22 "Sentiment Suffers after Weak Report on Manufacturing" by Telis Demos says Wall St. investors shifted into defensive sectors as disappointing manufacturing figures and hovering regulators added to its already cautious mood. Kr

USA Today p8B "Euro's rebound turns stocks around" by Bloomberg says stocks rose Mon witht he Dow reversing a 184 point drop, as the euro's rebound from a 4 year low bolstered optimism that the shared European currency will weather the region's debt crisis.

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 15.53 up from Monday's open of 15.52 (year ago it was 42.73) the P/E estimate is 13.10 unchanged from Monday's 13.10 (year ago it was 24.03) and the current dividend yield is 2.59 unchanged from Monday's 2.59 (it was 3.60 a year ago). The Dow's all-time high was 14,164.53 on Oct. 9, 2007. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Monday's Dow Jones Industrial Average closing numerator was 1,406.00 up 0.75 from Friday's closing numerator of 1,405.25. 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 0.75 for Monday by the divisor (0.132319125) you get the ijcrease in Monday's Dow of 5.67. 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 Monday's Dow Jones Industrial Average was $46.87 up 0.03 from Friday's Dow Jones Industrial Average average closing price of $46.84. The median closing price of Monday's Dow Jones Industrial Average was 40.53 up 0.27 from Friday's median closing price of $40.26. The lowest volume was 3M MMM $86.68 unch unch 3,165,702 NYSE and the highest volume again was Bank of America BAC $16.35 +0.01 0.06% 179,466,242 NYSE.

If Monday 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 90 $ ($140,610- $140,520).

Market Watch Mon. 5/17/10 4:14 p.m. by Laura Mandaro says the U.S. closed slightly higher Monday, and well off earlier lows, after a late-session dash led by private-school operators and some technology stocks. The Dow Jones Industrial Average (DJIA 10,627, +6.80, +0.06%) gained 5.67 points, or 0.1%, to 10,625.83, led by a 1.7% gain in Kraft Foods Inc. (KFT 30.56, +0.01, +0.03%) and a 1.5% rise in AT&T / (T 25.89, +0.12, +0.47%) shares. Earlier, the blue-chip average had been down as much as 184 points. Consumer staples and telecommunications sectors, both viewed as defensive plays, also led gainers on the S&P 500 Index. (SPX 1,137, +1.26, +0.11%) But it was a turn higher in certain discretionary shares, including a late-session rally in school operator Apollo Group (APOL 57.95, +0.10, +0.17%) and DeVry (DV 61.97, -0.06, -0.10%) shares, that helped turn the sector around.

AT&T T $25.77 +0.37 1.46% 29,816,311 NYSE:

Alcoa AA $12.1 -0.26 2.1% 38,700,449 NYSE: WSJ pC5 "Kraft, P&G Move Up: DeVry Tacks on 4.9%" by Donna Yesalavich says stocks edged up Mon, led by consumer stocks such as Kraft and Procter & Gamble, But cont'd concerns about the euro zone sent investors away from industrial firms dependent on global growth, including Caterpillar, along with energy and material stocks. Alcoa slipped 2.1%, Exxon Mobil was off 0.5%. American Express was strong with a gain of 1.4% as a regulatory filing showed its US borrowers at least a month behind in their card payments declined to 3.1% in April from 3.3% in March.

American Express AXP $41.22 +0.58 1.43% 14,826,438 NYSE: WSJ pC5 "Kraft, P&G Move Up: DeVry Tacks on 4.9%" by Donna Yesalavich says stocks edged up Mon, led by consumer stocks such as Kraft and Procter & Gamble, But cont'd concerns about the euro zone sent investors away from industrial firms dependent on global growth, including Caterpillar, along with energy and material stocks. Alcoa slipped 2.1%, Exxon Mobil was off 0.5%. American Express was strong with a gain of 1.4% as a regulatory filing showed its US borrowers at least a month behind in their card payments declined to 3.1% in April from 3.3% in March.

Bank of American BAC $16.35 +0.01 0.06% 179,466,242 NYSE: AJc pA10" BofA April credit card cahrge offs rise" says its net charge offs edged up to 12.71% from 12.54% in March.

WSJ pC6 "A Credit Card Turnaround"" by Aparajita Saha-Bubna says data from major US credit issuers suggests a turnaround int the sector. Capital One, Discover, JPMorgan and Bank of America indicate that while credit losses remain at elevated levels, the pace of increase is easing for most card issuers.

USA Today p1B "Credit card rules cut banks fees by $5 bil" by Kathy Chu says of the 10 banks with the largest amount of credit card receivables, 7 gave estimates about the credit card law's impact. JPMorgan and Bank of America were among those saying they will forgo at least 2.5 bil to 3.1 bil in fees just in '10. Related story at p3by by Kathy Chu says the banks will add fees to offset the new rules.

Boeing BA $69.68 -0.14 0.2% 4,767,225 NYSE: WSJ pB1 "Beoing Says Flaw Slows 787 Assembly" by Peter Sanders says Boeing has found another design flaw on the 787 resulting in a five week delay in shipments of fuselage parts.

AJC pA10 "Beoing to speed up production on 737" to 34 more a month from 31.5 because it thinks airlines will return to profitability in '11 and demand for planes will increase in '12.

Caterpillar CAT $63.78 -1.10 1.7% 11,728,562 NYSE: WSJ pC5 "Kraft, P&G Move Up: DeVry Tacks on 4.9%" by Donna Yesalavich says stocks edged up Mon, led by consumer stocks such as Kraft and Procter & Gamble, But cont'd concerns about the euro zone sent investors away from industrial firms dependent on global growth, including Caterpillar, along with energy and material stocks. Alcoa slipped 2.1%, Exxon Mobil was off 0.5%. American Express was strong with a gain of 1.4% as a regulatory filing showed its US borrowers at least a month behind in their card payments declined to 3.1% in April from 3.3% in March.

Chevron CVX $77.87 +0.04 0.05% 13,577,701 NYSE: No mentions found.

CSCO $24.87 -0.07 0.28% 72,120,143 NASDAQ-GS: No mentions found.

Coke KO $53.41 +0.07 0.13% 8,575,224 NYSE: WSJ pA10 "Food Firms Pledge to Cut Calories in Fight on Obesity" by Janet Adamy says 16 food makers pledged to cut 1.5 trillion calories from their products by '15 as part of a Whtite House campaign to combat childhood obesity. The firms include Coca-Cola, PepsiCo, Kraft and Hershey.

DuPont DD $37.65 unch unch 6,470,197 NYSE: No mentions found.

Disney DIS $34.2 +0.14 0.41% 15,098,154 NYSE: WSJ pB6 "Disney's ABC to Unveil 9 Shows" by Sam Schechner says on Tues ABC will unveil 9 new scripted shows with 6 to be hour long dramas.

ExxonMobil XOM $63.27 -0.33 0.52% 31,671,975 NYSE: WSJ pC5 "Kraft, P&G Move Up: DeVry Tacks on 4.9%" by Donna Yesalavich says stocks edged up Mon, led by consumer stocks such as Kraft and Procter & Gamble, But cont'd concerns about the euro zone sent investors away from industrial firms dependent on global growth, including Caterpillar, along with energy and material stocks. Alcoa slipped 2.1%, Exxon Mobil was off 0.5%. American Express was strong with a gain of 1.4% as a regulatory filing showed its US borrowers at least a month behind in their card payments declined to 3.1% in April from 3.3% in March.

GE $17.56 -0.08 0.45% 70,514,132 NYSE: No mentions found.

Hewlett-Packard HPQ $47.52 +0.09 0.19% 16,852,610 NYSE: WSJ pC5 "Straddle Bets on Calm H-P Trade" by Tennille Tracy says as Hewlett-Packard reports 2Qtr earnings today options traders are betting the its stock will stay relatively calm so they are selling straddles, selling equal numbers of June 47.50 calls and June 47.50 puts collecting a total of 3.90 from the sales, the investor stands to make money as long as the stock stays between 43.60 and 51.40 until the contracts expire on June 18.

Home Depot HD $35.59 +0.39 1.11% 33,396,949 NYSE: WSJ pB4 "Lowe's Remains Cautious" by Mary Ellen Lloyd says Lowe's had a 2.7% increase in sales and profit in its 1Qtr which bodes well for its larger rival, Home Depot.

Intel INTC $22.02 +0.13 0.59% 64,312,678 NASDAQ-GS: No mentions found.

IBM $130.44 -0.75 0.57% 8,817,501 NYSE: WSJ pB6 "outsourcers Wrestle with a Rebound" by Amol Sharma says as they grow bigger top Indian firms are beginning to confront a problem that larger firms like IBM and Accenture have struggled with for years: how to increase revenue faster than head count.

J.P.Morgan JPM $39.84 -0.05 0.13% 55,560,199 NYSE: WSJ pC6 "A Credit Card Turnaround"" by Aparajita Saha-Bubna says data from major US credit issuers suggests a turnaround int the sector. Capital One, Discover, JPMorgan and Bank of America indicate that while credit losses remain at elevated levels, the pace of increase is easing for most card issuers.

Johnson & Johnson JNJ $63.88 -0.09 0.14% 10,187,617 NYSE: WSJ pB3 "FDA Widens J&J Inuiry" by Jonathan Rockof says the FDA is widening its investigation into the recent recall of McNeil Units children's medicine and is now looking into all of the manufacturing of McNeil.

Kraft KFT $30.55 +0.52 1.73% 13,539,651 NYSE: WSJ pA10 "Food Firms Pledge to Cut Calories in Fight on Obesity" by Janet Adamy says 16 food makers pledged to cut 1.5 trillion calories from their products by '15 as part of a Whtite House campaign to combat childhood obesity. The firms include Coca-Cola, PepsiCo, Kraft and Hershey.

McDonald's MCD $70.14 +0.55 0.79% 7,427,398 NYSE: No mentions found.

Merck MRK $32.78 -0.10 0.3% 15,336,509 NYSE: No mentions found.

Microsoft MSFT $28.94 +0.01 0.03% 44,714,885 NASDAQ-GS: No mentions found.

Pfizer PFE $16.11 +0.09 0.56% 98,610,788 NYSE: WSJ pB4 "Pfizer to Pay Academics to Fund Uses for Molecules" by Jonathan Rockoff says it will pay 22.5 mil over 5 years to researchers at the med school at Washington U to breathe new life into existing compounds developed for other uses.

Procter & Gamble PG $63.38 +0.84 1.34% 14,584,798 NYSE: WSJ pC5 "Kraft, P&G Move Up: DeVry Tacks on 4.9%" by Donna Yesalavich says stocks edged up Mon, led by consumer stocks such as Kraft and Procter & Gamble, But cont'd concerns about the euro zone sent investors away from industrial firms dependent on global growth, including Caterpillar, along with energy and material stocks. Alcoa slipped 2.1%, Exxon Mobil was off 0.5%. American Express was strong with a gain of 1.4% as a regulatory filing showed its US borrowers at least a month behind in their card payments declined to 3.1% in April from 3.3% in March.

3M MMM $84.68 unch unch 3,165,702 NYSE: No mentions found.

Travelers TRV $50.12 unch unch 5,907,722 NYSE: No mentions found.

United Tech UTX $71.03 -0.55 0.77% 5,976,298 NYSE: No mentions found.

Verizon VZ $28.66 +0.15 0.53% 20,780,200 Dual Listed: No mentions found.

WalMart WMT $52.73 +0.61 1.17% 16,870,741 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 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 5/10/10 market 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: 5/6/10 10-Q
5/4/10 8K: re: results from the annual meeting of the stockholders of AT&T Inc. held on April 30, 2010, in Chattanooga, Tennessee.

Alcoa AA: 5/4/10 8K re: Alcoa Inc.’s 2009 Sustainability Highlights Report.

American Express AXP: 5/5/10 10Q
4/28/10 8-K re: transcript of 4/22/10 American Express live audio conference call/webcast to discuss the Company’s financial results for the three months ended March 31, 2010

Bank of Am BAC: 5/10/10 Rule 424(b) Prospectus
5/7/10 10-Q

Boeing BA: 4/28/10 8-K re: results of its Annual Meeting of Shareholders on April 26, 2010

Caterpiller CAT: 5/10/10 Definitive Proxy materials
5/510 8-K re: departure of directors and officers
5/3/10 10Q

Chevron CVX: 5/510 10Q
4/30/10 8K re: 4/30/10 press release announcing unaudited first quarter 2010 net income of $4.6 billion

Cisco CSCO: 2/17/10 8K re: amendment of an excec vp's employment agreement.

Coke KO: 4/29/10 10Q
4/26/10 8K re: results of 4/21/10 voting results from annual meeting in Duluth, Ga.

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

DuPont DD: 4/29/10 8K re: voting results from annual meeting held on 4/28/10.
4/27/10 10Q

ExxonMobil XOM: 5/6/10 10Q

GE: 5/7/10 8K to update fin'l info from form 10K
5/7/10 10Q

Hewlett-Packard HPQ: 4/29/10 Definitive proxy materials

Home Depot HD: 4/7/10 Proxy Statement

Intel INTC: 5/7/10 8K re: Micron Technology, Inc. completed its acquisition of Numonyx Holdings BV & issued shares of common stock to Numonyx shareholders. In exchange for Intel’s investment in Numonyx, Intel received approximately 64.2 million shares of Micron common stock, and issued a $72 million short-term payable.

5/3/10 10Q

IBM: 4/29/10 8K re: voting results from annual meeting of stockholders on 4/27/10
4/27/10 10Q

JPMorganChase JPM: 5/10/10 10Q

Kraft KFT: 5/7/10 10Q

McDonalds MCD: 5/6/10 10Q

Merck MRK: 5/7/10 10Q

Microsoft MSFT: 4/22/10 10Q.

Pfizer PFE: 5/4/10 8K re: 1Qtr results
4/28/10 8K re: voting results of Pfizer's annual meeting of shareholders held on 4/22/10

Procter & Gamble PG: 4/30/10 10Q

3M MMM: 5/5/10 10Q

Travelers TRV: 8K re: voting results of Travlers annual meeting of shareholders on 5/4/10

4/23/10 10Q

United Technologies UTX: 4/26/10 10Q

Verizon Communications Inc. VZ: 4/28/10 10Q

WalMart WMT: 8K re: press release re: negative court decision against WalMart allowing an employee sex discrimination case to go forward