6/24/10 Thurs. am Procter & Gamble Ends Tide Basic

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Post No. 499. 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 6/4/10 and an update of the Dow 30 component's SEC filings as of 6/4/10.

A read of Thursday's Wall Street Journal, Financial Times, New York Times, USA Today, Atlanta Journal Constitution & Daily Report (Georgia) 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.

The Dow Jones Industrial Average closed Wednesday at 10,298.44 up 4.92 or 0.05% from Tuesday's close of 10,293.52. For the year the Dow is down 1.24%. Of the 30 Dow Companies: 16 gained, United Technologies was unchanged and 13 declined. The biggest gainer dollar-wise was IBM $130.15 +0.85 0.66% 6,600,282 and percentage-wise was Boeing BA $67.45 +1.17 1.77% 5,871,116 NYSE. The biggest decliner dollar-wise wasChevron CVX $72.34 -1.66 2.24% 13,814,826 NYSE and percentage-wise was GE $15.38 -0.41 2.6% 94,016,003 NYSE.

WSJ pC1 "Dow Edges Up As Fed View Damps Stock" by peter McKay, Nesil Staney says the Dow eked out a slight gain as investors digested the Fed Reserve's cautious remarks on he state of the global economy.

WSJ pC5 "Chevron Decliens, Jabil Up" by Kristina Petersons ays blue chip stocks eked out a tiny gain after the Fed Reserve kept interest rates at record lows, but energy firms Chevron and Exxon Mobil slid as oil prices fell.

Fin Times p26 "Poor home sales data help drive equities lower" by asa Serdarevic says US stocks dropped yesterday as new homes sales came in at a record low, adding to mounting concerns about the strength of the domestic economic recovery.

NYT pB7 "Shares Mixed After Fed Statement" by Bloomberg says the major indexes were mixed, with the S&P 500 dropping for a 3rd day after the Fed Reserve signaled that European indebtedness might harm US growth and new home sales sank to a record low. GE, Chevron & Microsoft retreated more than 1.7% after the Fed Open market com said that financial conditions have become less supportive of economic growth on balance.

USA Today p4B "Stocks mixed on debt fears, home sales" by Bloomberg says stocks fell Wed after the Fed Res signaled European indebtedness may harm US growth and new home sales sank to a record low.

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 14.97 unchanged from Wednesday's 14.97 (year ago it was 12.09) the P/E estimate is 12.90 unchanged from Wednesday's 12.90 (year ago it was 13.73) and the current dividend yield is 2.69 up from Wednesday's 2.69 (it was 3.48 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.

Wednesday's Dow Jones Industrial Average closing numerator was 1,362.68 up 0.65 from Tuesday's closing numerator of 1,362.03. 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 0.68 for Wednesday by the divisor (0.132319125) you get the increase in Wednesday's Dow of 4.92. 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 $45.42 up 0.02 from Tuesday's Dow Jones Industrial Average average closing price of $46.40. The median closing price of Wednesday's Dow Jones Industrial Average was $40.53 up 0.39 from Tuesday's median price of $40.14. The lowest volume was 3M MMM $80.12 +0.09 0.11% 3,524,571 NYSE and the highest volume again was Bank of America BAC $15.45 -0.13 0.83% 126,384,484 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 $8.00 ($136,268 - $136,200).

MarketWatch 6/23/10 Tues. 4:18 pm by Nick Godt Gibson says US stocks finished Wednesday's session mostly lower, hit by a record slide in sales of new homes in May and after the Federal Reserve downgraded its economic outlook due to the impact of the European debt crisis. The broad S&P 500 index (SPX 1,092, -3.27, -0.30%) fell 3.27 points, or 0.3%, to end at 1,092.04. The Nasdaq Composite (COMP 2,254, -7.57, -0.34%) fell 7.57 points, or 0.3%, to end at 2,254.23. The Dow Jones Industrial Average (DJIA 10,298, +4.92, +0.05%) rose 4.92 points, or 0.1%, to 10,298.44, supported by shares of Boeing Co. (BA 67.37, -0.09, -0.13%) , up 1.8%, J.P. Morgan Chase (JPM 38.78, -0.11, -0.29%) , up 1.5%, and Alcoa Inc. (AA 11.43, +0.14, +1.24%) , up 1.2%

AT&T T $25.44 +0.08 0.32% 24,738,387 NYSE: No mentions found.

Alcoa AA $11.44 +0.15 1.33% 30,488,515 NYSE: No mentions found.

Amex AXP $42.19 +0.25 0.6% 9,019,824 NYSE: No mentions found.

Bank of Am BAC $15.45 -0.13 0.83% 126,384,484 NYSE: No mentions found.

Boeing BA $67.45 +1.17 1.77% 5,871,116 NYSE: No mentions found.

Caterpillar CAT $64.33 +0.22 0.34% 8,913,728 NYSE: No mentions found.

Chevron CVX $72.34 -1.66 2.24% 13,814,826 NYSE: NYT pB7 "Shares Mixed After Fed Statement" by Bloomberg says the major indexes were mixed, with the S&P 500 dropping for a 3rd day after the Fed Reserve signaled that European indebtedness might harm US growth and new home sales sank to a record low. GE, Chevron & Microsoft retreated more than 1.7% after the Fed Open market com said that financial conditions have become less supportive of economic growth on balance.

CSCO $22.86 -0.11 0.48% 53,779,445 NASDAQ-GS: USA Today p1B "Cisco to put up $1 bil to boost tech in Russia" says cisco will invest $1 bil to help foster high tech innovation in Russa announced Cisco CEO John Chambers at a meeting with the Russian Pres.

Coke KO $52.24 -0.22 0.42% 8,290,957 NYSE: No mentions found.

DIS $34.33 -0.02 0.06% 9,153,057 NYSE: USA Today p1B "Disney builds luxury homes at Fla resort" says Dis is building high price homes to sell between $1.5 mil and $8 mil near Disney World in Orlando.

DuPont DD $37.27 -0.18 0.48% 5,563,655 NYSE: No mentions found.

Exxon XOM $61.105 -0.835 1.35% 36,272,826 NYSE: No mentions found.

GE $15.38 -0.41 2.6% 94,016,003 NYSE: NYT pB7 "Shares Mixed After Fed Statement" by Bloomberg says the major indexes were mixed, with the S&P 500 dropping for a 3rd day after the Fed Reserve signaled that European indebtedness might harm US growth and new home sales sank to a record low. GE, Chevron & Microsoft retreated more than 1.7% after the Fed Open market com said that financial conditions have become less supportive of economic growth on balance.

Hewlett-Packard HPQ $46.86 +0.09 0.19% 12,409,977 NYSE: No mentions found.

Home Depot HD $30.49 -0.12 0.39% 24,407,491 NYSE: No mentions found.

Intel INTC $20.81 -0.17 0.81% 61,140,209 NASDAQ-GS: No mentions found.

IBM $130.15 +0.85 0.66% 6,600,282 NYSE: No mentions found.

JPMorgan JPM $38.87 +0.54 1.41% 43,239,164 NYSE: Fin Times pb14 "Dimon tries to avoid a succession tragedy" by Francesco Guerrera, Justin Baer by reshuffling top exces.

Johnson & Johnson JNJ $59.28 +0.12 0.2% 11,910,505 NYSE: No mentions found.

KFT $29.53 +0.17 0.58% 11,781,760 NYSE: No mentions found.

McDonalds MCD $68.62 -0.02 0.03% 5,199,549 NYSE: No mentions found.

MRK $35.41 +0.28 0.8% 12,409,831 NYSE: No mentions found.

MSFT $25.308 -0.462 1.79% 60,740,754 NASDAQ-GS: Fin Times p12 "Microsoft at the edges" says the share price of Microsoft languishes at the same level at which it has bumped along since '01 and the article wonders why.

NYT pB7 "Shares Mixed After Fed Statement" by Bloomberg says the major indexes were mixed, with the S&P 500 dropping for a 3rd day after the Fed Reserve signaled that European indebtedness might harm US growth and new home sales sank to a record low. GE, Chevron & Microsoft retreated more than 1.7% after the Fed Open market com said that financial conditions have become less supportive of economic growth on balance.

Pfizer PFE $14.88 -0.09 0.6% 43,661,073 NYSE: No mentions found.

Procter & Gamb PG $61.38 +0.66 1.09% 13,344,327 NYSE: WSJ pB13 "P&G Ends Test of Cheaper Version of Tide" by Anjali Cordeiro says Procter & Gamble is no longer making Tide Basic, the cheaper version of Tide it started testing during the recession and declined to commoent on why it stopped making it.

3M MMM $80.12 +0.09 0.11% 3,524,571 NYSE: No mentions found.

Travelers TRV $51.11 +0.10 0.2% 4,189,351 NYSE: No mentions found.

United Tech UTX $67.99 unch unch 5,047,240 NYSE: No mentions found.

Verizon VZ $29.33 +0.27 0.93% 18,424,888 Dual Listed: No mentions found.

WalMart WMT $50.81 +0.13 0.26% 15,841,842 NYSE: WSJ pA8 "Negotiators Ease finance Rules" by Damian Paletta, NYT pB2 "Halls of Finance Fear WalMart" by Rolfe Winkler say Banco WalMart plans to open more than 160 branches in Mexico this year and WalMart has opened a bank in Canada but the laws in US restrict WalMart from opening retail banks and the author says that is bad for US consumers. The NYT article says that the new law would exempt banks with less than $15 bil in assets from new capital rules so a bank controlled by the Walton family of Walmart fame could change the name of its bank from Arvest.

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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 1/2 billion as of 6/4/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $283 [4.5]
2. Procter & Gamble PG 244.5 [4]
3. Microsoft MSFT 229 [9]
4. WalMart WMT 190.5 [4]
5. GE 168 [10.5]
6. IBM 161 [1]
7. Johnson & Johnson JNJ 160 [3]
8. Bank of America BAC 155.5 [10]
9. JPMorgan Chase 152 [4]
10. Chevron CVX 144 [2]
11. AT&T 143 [6]
12. Cisco CSCO 132 [6]
13. Pfizer PFE 120 [8]
14. Coke KO 119 [2.5]
15. Intel INTC 117 [5.5]
16. Hewlett-Packard HPQ 108.5 [2.5]
17. Merck MRK 104 [3]
18. Verizon VZ 77 [3]
19. McDonald's MCD 72 [1]
20. Disney DIS 66.5 [2.5]
21. United Technologies UTX 61 [1]
22. 3M MMM 55 [1]
23. Home Depot 54.5 [1.5]
24. Kraft KFT 50 [2]
25. Boeing BA 47 [1]
26. American Express AXP 47 [1]
27. Caterpillar CAT 36.5 [.5]
28. DuPont DD 31 [1]
29. Travelers 24.5 [.5]
30. Alcoa AA 11 [1]

Here are the latest SEC filings as of 6/4/10 other than ownership filings, registration of shares for employee benefit plans, free writing prospectuses and third party shareholder proposals:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

AT&T T: 5/24/10 8K: re: sale ofl its Sterling Commerce subsidiary to IBM for $1.4 billion in cash. Sterling Commerce provides business to business applications and integration solutions to more than 18,000 customers worldwide. AT&T expects the transaction to close in the second half of '10, subject to receipt of regulatory approvals . AT&T expects to record a one-time, pre-tax gain of $750 million for the quarter in which the transaction closes.

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: 6/2/10 8K re: statistics re: worldwide billed business.

5/17/10 8K re: delinquency and write-off statistics for the lending portfolio of its U.S. Card Services operating segment for the months ended February 28, March 31 and April 30, 2010.

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: 6/4/10 Free Writing Prospectuses

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: 6/1/10 8K re: purchase of Electro-Motive Diesel, Inc. for $820 million in cash from Berkshire Partners LLC and Greenbriar Equity Group LLC.

5/28/10 8K re: retirement of David B. Burritt, VP & CFO as of 6/1/10.

5/20/10 8K re: statistics re: deliveries to users for its Machinery and Engines lines of business.

5/10/10 Definitive Proxy materials

5/510 8-K re: departure of directors and officers

5/3/10 10Q

Chevron CVX: 6/2/10 8K re: results of 5/26/10 vote at annual meeting for election of Directors & other matters.

5/19/10 definitive proxy materials

5/13/10 8K re: certain revisions of 10-K annual report for year ended 12/31/09.

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

4/27/10 10Q

ExxonMobil XOM: 6/1/10 8K re: voting results from 5/26/10 Annual Meeting of Shareholders

5/6/10 10Q

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

5/7/10 10Q

Hewlett-Packard HPQ: 6/1/10 8K re: plans to invest $1 billion in its enterprise services business to enhance client experience and better position the business for growth.

5/18/10 8K re: 2Qtr results

Home Depot HD: 6/3/10 10Q

5/25/10 8K re: voting results from 5/20/10 annual meeting of shareholders.

5/18/10 8K re: results for quarter ended 5/2/10

Intel INTC: 5/21/10 8K re: voting results from 5/19/10 annual meeting of stockholders.

5/12/10 8K re: info provided at an Investor meeting by Paul S. Otellini, Pres. & CEO.

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: 5/12/10 8K re: information presented at Investor Briefing on 5/12/10.

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

4/27/10 10Q

JPMorganChase JPM: 6/3/10 Rule 424 Prospectus

5/26/10 8K re: Washington Mutual Litigations.

5/20/10 8K re: voting results from 5/18/10 annual meeting of shareholders

5/10/10 10Q

Johnson & Johnson JNJ : 5/10/10 10 Q

Kraft KFT: 5/21/10 8K: re voting results from 5/18/10 annual meeting of shareholders

5/7/10 10Q

McDonalds MCD: 5/24/10 8K re: voting results of 5/20/10 annual shareholders' meeting

5/17/10 additional proxy materials

5/11/10 8K re: press release re: April and year to date '10 sales.

5/6/10 10Q

Merck MRK: 5/28/10 8K re: Kenneth C. Frazier to succeed Richard T. Clark as Pres. Of the Company as of 5/1/10 and Dr. Sam Their's retirement from the Board & voting results from 5/25/10 annual meeting of shareholders.

5/11/10 8K re: information presented at 5/11/10 Annual Business Briefing

5/7/10 10Q

Microsoft MSFT: 5/28/10 8K re: retirement of Robbie Bach, pres. Of Entertainment & Devices Div.

Pfizer PFE: 5/26/10 8K re: retirement of Dr. Martin Mackay, Sr. VP & Pres, Pharma Therapeutics R&D of Pfizer Inc.

5/13/10 10Q

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: 5/19/10 8K re: closing of 100 bil Euro 0.955 Note Offering due 2015.

4/30/10 10Q

3M MMM: 5/17/10 8K re: reclassification of certain data in 10K for 12/31/09.

5/12/10 8K re: voting results of 5/11/10 annual meeting of stockholders.

5/5/10 10Q

Travelers TRV: 5/7/10 8K re: voting results of 5/4/10 annual meeting of shareholders

4/23/10 10Q

United Technologies UTX: 5/14/10 8K re: exercise of its rights to redeem $500 mil of outstanding 7.125% Notes due 11/15/10.

4/26/10 10Q

Verizon Communications Inc. VZ: 5/27/10 8K re: record date of 6/7/10 re: proposed spinof of shares of New Communications Holdings.

5/12/10 8K re: voting results from 5/6/10 annual meeting of shareholders.

4/28/10 10Q

WalMart WMT: 6/14/10 10Q.

5/18/10 8K reconciliation of non-GAP measures.