7/29/10 Thurs. pm Dow Closes 10,467.16 down 30.72 or 0.29%

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Post No. 558. 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 7/25/10 and an update of the Dow 30 component's SEC filings as of 7/25/10.

The Dow Jones Industrial Average closed Thursday at 10,467.16 down 30.72 or 0.29% from Wednesday's close of 10,497.88. Of the 30 Dow Companies: 10 gained, Johnson & Johnson was unchanged and 19 declined. The biggest gainer dollar-wise was Chevron CVX $76.02 +0.46 0.61% 13,343,894 NYSE and percentage-wise was Merck MRK $35.06 +0.32 0.92% 14,570,629 NYSE. The biggest decliner dollar-wise was Procter & Gamble PG $61.67 -1.03 1.64% 15,774,970 NYSE and percentage-wise was Kraft KFT $29.11 -0.61 2.05% 10,006,257 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 0.132129493, the trailing P/E ratio is 14.70 upn from Wednesday's 14.54 (year ago it was 13.97) the P/E estimate is 12.59 unchanged from Wednesday's 12.59 (year ago it was 14.34) and the current dividend yield is 2.65 up from Wednesday's 2.64 (it was 3.16 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.

Thursday's Dow Jones Industrial Average closing numerator was 1,383.02 down 4.06 from Wednesnday's closing numerator of 1,387.08. 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 4.06 for Thursday by the divisor (0.132129493) you get the decrease in Thursday's Dow of 30.72. 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 Thursday's Dow Jones Industrial Average was $46.10 down 0.14 from Wednesday's Dow Jones Industrial Average average closing price of $46.24. The median closing price of Thursday's Dow Jones Industrial Average was $42.39 down $0.06 from Wednesday's median price of $42.62. The lowest volume was 3M MMM $86.34 -0.35 0.4% 3,342,787 NYSE and the highest volume again was Bank of America BAC $14.03 +0.04 0.29% 124,797,550 NYSE.

If Thursday 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 $407 ($138,708 -$138,301).

MarketWatch 7/29/10 Thurs. 4:54 pm by Kate Gibson says US stocks finished lower on Thursday, with disappointing corporate results and a Fed official's warning on deflation sapping some of the optimism drawn from earnings season and the market's strong gains in July. Investors also hesitated to take a decisive stance before the government releases its first take on U.S. second-quarter economic growth on Friday.
After snapping a four-day win streak Wednesday, the Dow Jones Industrial Average (DJIA 10,467, -30.72, -0.29%) fell 30.72 points, or 0.3%, to end at 10,467.16, though that was well off an earlier low of 10,387. The Dow still remains up 7% for July so far, with one trading session left in the month. Kraft Foods (KFT 29.11, -0.61, -2.05%) and Procter & Gamble (PG 61.65, -0.02, -0.03%) fell the most among Dow components, hit by disappointing results from consumer companies. Colgate (CL 78.20, +0.08, +0.10%) reported second-quarter sales that fell below analysts estimates and cut its 2010 profit view because of currency devaluation in Venezuela.
Shares of Dow component Exxon Mobil Corp. (XOM 60.34, -0.57, -0.94%) also finished lower, even after the oil giant reported a near-doubling of second-quarter income.
U.S. economic data remain soft, and while the morning's better-than-expected drop in weekly jobless claims was positive, the labor market remains "sluggish."
The market also fretted ahead of the government's reading on quarterly economic growth, due Friday morning. Analysts expect U.S. GDP slowed in the second quarter to an annual rate of 2.5% from 2.7% in the first. The S&P 500 Index (SPX 1,102, -4.60, -0.42%) dropped 4.60 points, or 0.4%, to 2,251.69. The utilities and consumer staples sectors weighed the most on the broad index, losing 1.6% and 1.1% respectively, while financials rose the most. Ameriprise Financial Inc. (AMP 42.98, +4.70, +12.28%) rallied 12%. Late Wednesday, the investment manager reported a near-tripling of profit in the second quarter. Among the S&P 500's more noteworthy movers, shares of Citrix Systems Inc. (CTXS 56.62, -0.05, -0.09%) surged nearly 20% after the provider of software and equipment for computer business systems late Wednesday projected a stronger-than-expected quarter and year. Bond markets have been considered a better predictor of the future than equities. Given the different signals bonds and equities are giving about the economy's prospects, that might be important now. But bond investors have been known to get things drastically wrong, as they did in 2007. On the downside, Akamai Technologies Inc.(AKAM 38.25, -0.10, -0.26%) shares fell nearly 13% after the provider of services to online entertainment companies offered a disappointing outlook. Akamai shares had climbed more than 30% in the past three months on the belief that it would profit from demand for online media. The Nasdaq Composite Index (COMP 2,252, -12.87, -0.57%) shed 12.87 points to 2,251.69. Advancers edged past decliners by an 8-7 ratio on the New York Stock Exchange, where nearly 1.2 billion shares traded. Federal Reserve Bank of St. Louis President James Bullard warned against a Japanese-style deflationary trap stemming from the central bank's extended period of low interest rates in a paper released Thursday. Ahead of Wall Street's start, stock futures added slightly to their earnings-inspired rise after the government said initial claims for unemployment benefits fell modestly, with the count slightly better than analysts had projected.

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

AT&T T $26.02 -0.18 0.69% 32,618,326 NYSE
Alcoa AA $11.02 -0.02 0.18% 14,412,637 NYSE
Amex AXP $44.56 -0.02 0.04% 7,121,819 NYSE
Bank of America BAC $14.03 +0.04 0.29% 124,797,550 NYSE
Boeing BA $67.22 -0.10 0.15% 4,458,827 NYSE
Caterpillar CAT $69.4- 0.32 0.46% 7,670,192 NYSE
Chevron CVX $76.02 +0.46 0.61% 13,343,894 NYSE
CSCO $23.21 -0.18 0.77% 37,486,587 NASDAQ-GS
Coke KO $54.99 +0.11 0.2% 9,157,253 NYSE
Disney DIS $33.71 -0.33 0.97% 9,946,009 NYSE
DuPont DD $40.51 +0.24 0.6% 7,779,198 NYSE
Exxon XOM $60.34 -0.57 0.94% 33,748,477 NYSE
GE $16.15 +0.10 0.62% 69,882,643 NYSE
Hewlett-Packard HPQ $46.41 -0.72 1.53% 17,446,142 NYSE
Home Depot HD $28.05- 0.03 0.11% 15,504,575 NYSE
Intel INTC $21.03 -0.30 1.41% 83,805,473 NASDAQ-GS
IBM $128.02 -0.41 0.32% 8,995,857 NYSE
JPMorgan JPM $40.21 -0.11 0.27% 29,007,162 NYSE
Johnson & John JNJ $57.83 unch unch 13,027,728 NYSE
Kraft KFT $29.11 -0.61 2.05% 10,006,257 NYSE
McDonalds MCD $69.38 -0.39 0.56% 5,131,607 NYSE
Merck MRK $35.06 +0.32 0.92% 14,570,629 NYSE
MSFT $26.03 +0.08 0.31% 69,444,188 NASDAQ-GS
Pfizer PFE $15.09 +0.09 0.6% 58,525,437 NYSE
Procter & Gamble PG $61.67 -1.03 1.64% 15,774,970 NYSE
MMM $86.34 -0.35 0.4% 3,342,787 NYSE
Travelers TRV $50.52 +0.23 0.46% 6,838,408 NYSE
United Tech UTX $71.15 +0.04 0.06% 5,163,334 NYSE
Verizon VZ $28.88 -0.03 0.1% 24,226,601 Dual Listed
Walmart WMT $51.06 -0.07 0.14% 9,627,370 NYSE

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The following are excerpts from Thurs. morning's Blog:

A read of Thursday's issues of Wall St. 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.

Dow:The Dow Jones Industrial Average closed Wednesday at 10,537.69 up 12.26 or 12.26% from Tuesday's close of 10,537.69. For the year the Dow is up 0.67%. Of the 30 Dow Companies: 9 gained and 21 declined. The biggest gainer dollar-wise was Caterpillar CAT $69.72 +0.54 0.78% 7,607,855 NYSE and percentage-wise was Verizon VZ $28.91 +0.32 1.12% 31,957,346 Dual Listed. The biggest decliner dollar-wise and percentage-wise was Boeing BA $67.32 -1.30 1.89% 5,519,069 NYSE.

WSJ pC1 "Stalemate as Dow falls 39.81 points" by Jonathan Cheng says a gloomy economic assessment from the Fed Res added more doubts to the fragile economic recovery, sending the Dow its its first loss in a week. Stocks traded on thin volumes and within a narrow band before sinking on the Fed report. The Dow finished down as better than expected earnings from Boeing, Sprint Nextel and ConcocoPhillips failed to excite.

WSJ pC6 "Boeing grounds Dow, Wellpoint sinks 3.7%" by Donna Yesalavich says stocks fell as a report from the Fed Res pointed to signs that the economic recovery may be running out of steam, adding to the market's disappointment over a drop in durable goods orders. Boeing was the Dow's worst performer with a decline of $1.30 or 1.9%to $67.32 after it posted 2Q rev below analysts' expectations and warned it is likely to cut jobs in a defense unit facing increasing budget pressures from the Pentagon and overseas customers. Also declining were Pfizer down 1.8%, Home Depot was off 1.8% and Alcoa was down 1.5%.

NYTpB6 "Shares fall as data says the economy is weakening" by Bloomberg says stocks fell Wed after orders for durable goods unexpectedly decreased and the Fed Res said economic growth slowed in some areas.

USA Today p4B AP "More sour economic reports take a toll" by AP says 2 reports taht showed the recovery is slowing sent stocks moderately lower Wed. The Red Res in its regional survey known as the beige book said that growth slowed in Atlanta and Chicago and manufacturing slowed off in half of its 12 regions. Earnings reports were mixed, which contributed to a muted tone. Boeing said its profit slipped from a year ago, but results still topped expectations, and Boeing didn't lower its outlook.

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 0.132129493, the trailing P/E ratio is 14.70 upn from Wednesday's 14.54 (year ago it was 13.97) the P/E estimate is 12.59 unchanged from Wednesday's 12.59 (year ago it was 14.34) and the current dividend yield is 2.65 up from Wednesday's 2.64 (it was 3.16 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 1,387.08 up 5.26 from Tuesnday's closing numerator of 1,392.34. 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 8.26 for Wednesday by the divisor (0.132129493) you get the decrease in Wednesday's Dow of 39.81. 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 $46.24 down 0.17 from Tuesday's Dow Jones Industrial Average average closing price of $46.41. The median closing price of Wednesday's Dow Jones Industrial Average was $42.45 down $0.17 from Tuesday's median price of $42.62. The lowest volume was 3M MMM $86.69 -0.11 0.13% 2,823,738 NYSE and the highest volume again was Bank of America BAC $13.99 -0.20 1.41% 108,648,691 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 losst $526 ($$139,234 - $138,708).

MarketWatch 7/28/10 Wed. 4:09 pm by Laura Mandaro says US stocks closed lower Wednesday, with the Dow Jones Industrial Average breaking a four-session win streak, as reports showing clouds over the U.S. economy dimmed any enthusiasm over corporate earnings reports. The Dow Jones Industrial Average (DJIA 10,498, -39.50, -0.38%) closed down 39.81 points, or 0.4%, at 10,497.88, led by a 1.9% drop in Boeing Co.'s /(BA 67.25, -0.07, -0.10%) shares. The S&P 500 (SPX 1,106, -7.71, -0.69%) fell 7.7 points, or 0.7%, to 1,106.12, extending the prior session's drop, as health-care and tech stocks dragged the index lower. The Nasdaq Commposite (DJC 3,650, -11.75, -0.32%) fell 23.69 points, or 1%, to 2,264.56.

AT&T T $26.2 +0.05 0.19% 33,455,335 NYSE: WSJ pD1 "How Apple's new iPHone stacks up in real life" by Walter Mossberg tested Apple's new iPHone 4 and its performance in making voice calls on AT&T's network in the US was "decidedly mixed".

WSJ pB3 "Sprint scarambles as 4G race tightens" by Miraj Sheth says Sprint Nextel posted a quarterly increase in wireless customers for the first time in 3 years, helped in part by the release of the first 4G smartphone in the US. Sprint is betting heavily that its faster network will provide it with a way to win new subscribers against rivals Verizon and AT&T.

Alcoa AA $11.04 -0.17 1.52% 18,624,570 NYSE: WSJ pC6 "Boeing grounds Dow, Wellpoint sinks 3.7%" by Donna Yesalavich says stocks fell as a report from the Fed Res pointed to signs that the economic recovery may be running out of steam, adding to the market's disappointment over a drop in durable goods orders. Boeing was the Dow's worst performer with a decline of $1.30 or 1.9%to $67.32 after it posted 2Q rev below analysts' expectations and warned it is likely to cut jobs in a defense unit facing increasing budget pressures from the Pentagon and overseas customers. Also declining were Pfizer down 1.8%, Home Depot was off 1.8% and Alcoa was down 1.5%.

Amex AXP $44.58 +0.03 0.07% 6,268,185 NYSE: No mentions found.

Bank of Am BAC $13.99 -0.20 1.41% 108,648,691 NYSE: WSJ pC7 "McDonald's back in debt market" by Chris Dieterich says McDonald's raised $750 mil in the bond market on Wed which was its first debt sale in nore than a year and a half. MCD sold the 30 year bonds at an interest rate of 4.875%, tying the record set by Walmart last month. Bank of America Merrill Lynch helped manage the sale.

Boeing BA $67.32 -1.30 1.89% 5,519,069 NYSE: Fin times p14 "Boeing fears supply problem" by Hal Weitzman, WSJ pB3 ""Boeing reports 21% drop in Profit" by Doug Cameron, NYT pB3 "Military cutbacks redirect Boeing to commercial side" by Christopher Drew say Boeing said that it could be constrained from stepping up production rates for comm'l aircraft over the next decade due to suppliers not being able to increase their output. Boeing plans to ramp up production of its single aisle 737 aircraft from 31.5 to 34 a month by '12. It is planning production increases for its 777 and 747 models over the next 2 years. But CEO Jim McNerney said that its ability to increase rates beyond those plans should demand rise ahead of expectations, depended on the supply chain. Boeing delivered 114 aircraft in 2Q for rev of $7.4 bil, down from the 125 aircraft and rev of $8.4 bil same period a year earlier. Net income in 2Q was $787 mil or $1.06 per share, down from $998 mil or $1.41 per share in the same period a year earlier, but higher than Wall St consensus forecasts of $1.01 per share. Revenue came in below expectations at $15.6 bil, down from $17.1 bil last year and below analysts' average forecasts of about $16.1 bil.

USA Today p4B AP "More sour economic reports take a toll" by AP says 2 reports taht showed the recovery is slowing sent stocks moderately lower Wed. The Red Res in its regional survey known as the beige book said that growth slowed in Atlanta and Chicago and manufacturing slowed off in half of its 12 regions. Earnings reports were mixed, which contributed to a muted tone. Boeing said its profit slipped from a year ago, but results still topped expectations, and Boeing didn't lower its outlook.

WSJ pC1 "Stalemate as Dow falls 39.81 points" by Jonathan Cheng says a gloomy economic assessment from the Fed Res added more doubts to the fragile economic recovery, sending the Dow its its first loss in a week. Stocks traded on thin volumes and within a narrow band before sinking on the Fed report. The Dow finished down as better than expected earnings from Boeing, Sprint Nextel and ConcocoPhillips failed to excite.

WSJ pC6 "Boeing grounds Dow, Wellpoint sinks 3.7%" by Donna Yesalavich says stocks fell as a report from the Fed Res pointed to signs that the economic recovery may be running out of steam, adding to the market's disappointment over a drop in durable goods orders. Boeing was the Dow's worst performer with a decline of $1.30 or 1.9%to $67.32 after it posted 2Q rev below analysts' expectations and warned it is likely to cut jobs in a defense unit facing increasing budget pressures from the Pentagon and overseas customers. Also declining were Pfizer down 1.8%, Home Depot was off 1.8% and Alcoa was down 1.5%.

Caterpillar CAT $69.72 +0.54 0.78% 7,607,855 NYSE: No mentions found.

Chevron CVX $75.56 +0.26 0.35% 7,337,898 NYSE: WSJ pC12 "Conoco finds some religion in returns" by Liam Denning says Exxon's mulitple has suffered since Dec's announcement that it would acquire XTO Energy, bringing huge reserves but also diluting profits. Conoco's stock multiples is 7.9 which is a 22% discount to Exon's and equal to Chevron's.

CSCO $23.39 +0.09 0.39% 41,713,390 NASDAQ-GS: No mentions found.

Coke KO $54.88 -0.17 0.31% 6,416,573 NYSE: Fin Times p14 "P&G in 10 year deal with Olympics" by Jonathan Birchall says it signed a 10 year sponsorship agreement with the Int'l Olympic Committee with the first Olympics being in '12 in London. Procter & Gamble now joins other established IOC sponsors such as Coca Cola, Visa and McDonalds.

Disney DIS $34.04 -0.24 0.7% 6,037,963 NYSE: WSJ pB8 "Disney near signing Paul Lee for ABC post" by Sam Schechner says Disney was close to signing ABC FailyPres. Paul lee to fix its ailing ABC network.

DuPont DD $40.27 -0.11 0.27% 9,237,787 NYSE: No mentions found.

Exxon XOM $60.91 +0.10 0.16% 23,357,984 NYSE: WSJ pC12 "Conoco finds some religion in returns" by Liam Denning says Exxon's mulitple has suffered since Dec's announcement that it would acquire XTO Energy, bringing huge reserves but also diluting profits. Conoco's stock multiples is 7.9 which is a 22% discount to Exon's and equal to Chevron's.

GE $16.05 -0.13 0.8% 52,256,544 NYSE: AJC pA16 "Comcast profit dips on NBC Universal deal costs" says Comcast is still hoping to win regulatory approval and close by year's end in its deal to buy a controlling stake in NBC from GE.

Hewlett-Packard HPQ $47.13 -0.44 0.92% 11,156,873 NYSE: No mentions found.

Home Depot HD $28.08 -0.50 1.75% 13,864,498 NYSE: WSJ pC6 "Boeing grounds Dow, Wellpoint sinks 3.7%" by Donna Yesalavich says stocks fell as a report from the Fed Res pointed to signs that the economic recovery may be running out of steam, adding to the market's disappointment over a drop in durable goods orders. Boeing was the Dow's worst performer with a decline of $1.30 or 1.9%to $67.32 after it posted 2Q rev below analysts' expectations and warned it is likely to cut jobs in a defense unit facing increasing budget pressures from the Pentagon and overseas customers. Also declining were Pfizer down 1.8%, Home Depot was off 1.8% and Alcoa was down 1.5%.

Intel INTC $21.33 -0.25 1.16% 50,929,280 NASDAQ-GS: Fin Times p15 "Intel sees the light" says Intel has unveiled a new concept in computing with an optical connection that could scatter the innards of a PC far and wide. it expects wide usage of light beams rather than electronic signals to link the parts of PC by '15.

IBM $128.43 -0.20 0.16% 4,232,678 NYSE: WSJ pC1 "Ahead of the Tape" by Kelly Evans says IBM and many other firms were pinched by the euro's 10% drop during the 2Q, which left it down 13.5% from the same period a year earlier. At IBM the resulting dollar strength translated into a $500 mil hit to 2Q rev.

JPMorgan JPM $40.32 -0.37 0.91% 23,446,795 NYSE: No mentions found.

Johnson & Johnson JNJ $57.83 -0.27 0.46% 13,470,304 NYSE: WSJ pB2 "Sanofi is nearer to Genzyme bid" by Dana Cimilluca says Sanof-Aventis is likely to make a formal bid to Genzyme in comming days for a deal that could be as high as $20 bil. Genzyme's depressed share price has made it an attractive takeover target, drawing interest from GlaxoSmithKlne, Johnson & Johnson & Pfizer.

Kraft KFT $29.72 -0.16 0.54% 7,238,211 NYSE: No mentions found.

McDonald's MCD $69.77 -0.63 0.89% 6,690,345 NYSE: WSJ pC7 "McDonald's back in debt market" by Chris Dieterich says McDonald's raised $750 mil in the bond market on Wed which was its first debt sale in nore than a year and a half. MCD sold the 30 year bonds at an interest rate of 4.875%, tying the record set by Walmart last month. Bank of America Merrill Lynch helped manage the sale.

Fin Times p14 "P&G in 10 year deal with Olympics" by Jonathan Birchall says it signed a 10 year sponsorship agreement with the Int'l Olympic Committee with the first Olympics being in '12 in London. Procter & Gamble now joins other established IOC sponsors such as coca Cola, Visa and McDonalds.

Merck MRK $34.74 -0.44 1.25% 9,619,874 NYSE: No mentions found.

Microsoft MSFT $25.95 -0.21 0.8% 69,872,769 NASDAQ-GS: WSJ pB1 "Tech firms lobby EU on rules for data" by John Miller says Microsoft, Google and other US tech giants are pushing to streamline Europe's privacy rules in order to offer more remote computing and data storage services.

WSJ pA11 "Why Apple will survive the iPHone Glitch" by Jay Greene in the WSJ's second editorial in a row critical of Microsoft as its says that Apple's reputation for good design means customers trust it to fix mistakes but that Microsoft has no such loyalty.

Pfizer PFE $15 -0.27 1.77% 40,172,480 NYSE: WSJ pB2 "Sanofi is nearer to Genzyme bid" by Dana Cimilluca says Sanof-Aventis is likely to make a formal bid to Genzyme in comming days for a deal that could be as high as $20 bil. Genzyme's depressed share price has made it an attractive takeover target, drawing interest from GlaxoSmithKlne, Johnson & Johnson & Pfizer.

WSJ pC6 "Boeing grounds Dow, Wellpoint sinks 3.7%" by Donna Yesalavich says stocks fell as a report from the Fed Res pointed to signs that the economic recovery may be running out of steam, adding to the market's disappointment over a drop in durable goods orders. Boeing was the Dow's worst performer with a decline of $1.30 or 1.9%to $67.32 after it posted 2Q rev below analysts' expectations and warned it is likely to cut jobs in a defense unit facing increasing budget pressures from the Pentagon and overseas customers. Also declining were Pfizer down 1.8%, Home Depot was off 1.8% and Alcoa was down 1.5%.

Procter & Gamble PG $62.7 -0.38 0.6% 7,841,598 NYSE: Fin Times p14 "P&G in 10 year deal with Olympics" by Jonathan Birchall says it signed a 10 year sponsorship agreement with the Int'l Olympic Committee with the first Olympics being in '12 in London. Procter & Gamble now joins other established IOC sponsors such as Coca Cola, Visa and McDonalds.

3M MMM $86.69 -0.11 0.13% 2,823,738 NYSE: No mentions found.

Travelers TRV $50.29 -0.29 0.57% 4,448,015 NYSE: No mentions found.

United Tech UTX $71.11 +0.02 0.03% 3,661,133 NYSE: No mentions found.

Verizon VZ $28.91 +0.32 1.12% 31,957,346 Dual Listed: No mentions found.

Walmart WMT $51.13 +0.17 0.33% 9,317,024 NYSE: WSJ pB1 "A fashion identity at WalMart" by Ann Zimmerman says by ousting its US division apparel chief last week, Walmart ackodledged that its closthing strategy has been a dud, again. Walmart doesn't know if its wants to be "boring basics or "chasing glitter."

AJC pA16 "Chicago ok 3rd Walmart store" says it will be on the South side.

WSJ pC7 "McDonald's back in debt market" by Chris Dieterich says McDonald's raised $750 mil in the bond market on Wed which was its first debt sale in nore than a year and a half. MCD sold the 30 year bonds at an interest rate of 4.875%, tying the record set by Walmart last month. Bank of America Merrill Lynch helped manage the sale.
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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 Richard 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 7/25/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $280.5 [4.5]
2. Procter & Gamble PG 248 [4]
3. Microsoft MSFT 226 [9]
4. WalMart WMT 191.5 [3.5]
5. GE 168 [10.5]
6. IBM 164.5 [1]
7. Johnson & Johnson JNJ 159 [3]
8. JPMorgan Chase 158.5 [4]
9. AT&T 151 [6]
10. Chevron CVX 147.5 [2]
11. Bank of America BAC 138 [10]
12. Cisco CSCO 133.5 [6]
13. Coke KO 126.5 [2.5]
14. Intel INTC 120.5 [5.5]
15. Pfizer PFE 117.5 [8]
16. Merck MRK 109 [3]
17. Hewlett-Packard HPQ 108 [2.5]
18. Verizon VZ 79 [3]
19. McDonald's MCD 75 [1]
20. Disney DIS 67 [2]
21. United Technologies UTX 66 [1]
22. 3M MMM 61.5 [.5]
23. American Express AXP 54 [1]
24. Kraft KFT 51.5 [2]
25. Boeing BA 51.5 [1]
26. Home Depot 47.5 [1.5]
27. Caterpillar CAT 43.5 [.5]
28. DuPont DD 35 [1]
29. Travelers 25 [.5]
30. Alcoa AA 11 [1]

Here are the latest SEC filings as of 7/25/10 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: 7/22/10 8K re: 2Q earnings

6/25/10 8K: re: amendments to employee compensation plans.

5/24/10 8K: re: sale of its Sterling Commerce subsidiary to IBM for $1.4 billion in cash.

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: 7/23/10 8K re: election of Tony Theme CFO Engineered Products & Graeme Bottger, Controller

7/22/10 10Q

7/15 & 7/13/10 8K's relating to 2Q results

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

American Express AXP: 7/22/10 8K 2Q results

7/21/10 8K re: Personnel changes & Board of Dir. elections

7/15/10 8K Delinquency & write-off statistics through 6/30/10

6/15/10 8K re: delinquency statistics through 5/31/10.

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

Bank of Am BAC: 7/22/10 8K re: impairment resulting from fin'l reform legislation passed by Congress

7/16/10 8K re: 2Q results

7/9/10 Free Writings Prospectuses

6/4/10 Free Writing Prospectuses

5/10/10 Rule 424(b) Prospectus

5/7/10 10-Q

Boeing BA: 6/10/10 8K re: election of Edward M. Liddy to Board of Dirs. & Audit & Fin. Committees. By-laws were amended to increase number of directors from 12 to 13.

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

Caterpiller CAT: 7/22/10 8K (two of them) dealing with 4Q results for period ending 6/30/10

7/22/10 8K: re: dealer statistics

6/18/10 8K re: dealer statistics.

6/17/10 8K re: plans to produce a full range of mining shovels and increase dump truck production.

6/11/10 8K re: as previously announced, Board elected Douglas R. Oberhelman as CEO effective 8/1/10.

6/11/10 8K re: results of 6/9 annual meeting of shareholders.

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: 7/12/10 8K re: updated on 2Q results

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.

Cisco CSCO 6/29/10 8K 6/29/10 10b5-1 re: stock trading plans adopted by insiders

5/26/10 10Q for quarter ending 5/1/10

Coke KO 7/21/10 8K re: 2Q results

Disney DIS 10Q for quarter ended 4/3/10

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

4/27/10 10Q

ExxonMobil XOM: 6/25/10 8K re: completion of its acquisition of XTO Energy Inc.

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

5/6/10 10Q

GE: 7/16/10 8K re: 2Q reports

6/16/10 8K re; election of James S. Tisch to Board of Directors. He is Pres. & CEO of Loew's.

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

5/7/10 10Q

Hewlett-Packard HPQ: 6/8/10 8K re: 10Q

6/1/10 10Q

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: 7/22/10 8K re: agreement with FTC to delay antitrust case while settlement talks continue.

7/16/10 8K re: Intel's interest in SMART Technologies Inc. which did an IPO.

7/14/10 8K re: CFO commenting on 2Q results.

7/13/10 8K re: 2Q results.

6/22/10 8K re: agreed upon suspension of FTC admin. proceedings while settlement discussions are held.

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.

IBM: 7/20/10 8K re: 2Q earnings presentation.

7/19/10 8K re: 2Q results ending 6/30/10.

JPMorganChase JPM: 7/22/10 8K re: completion of public offering of debt issues.

7/16/10 & 7/15/10 8Ks re: 2Q results

6/24/10 8K re: closing of sale of $1.25 bil of 3.40% Notes due '15.

6/24/10 8K re: election of Douglas L. Braunstein as CFO.

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 : 7/20/10 8K re: 2Q results ending 7/4/10

7/19/10 8K re: Bd of Dirs. election

7/12/10 K re: agreement to buy Micrus Endovascular.

5/10/10 10 Q

Kraft KFT: 5/21/10 8K: re voting

McDonalds MCD: 7/23/10 8K re: 2Q results ending 6/30/10

6/9/10 8K re: year to date sales figures

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

Merck MRK: 7/8/10 8K re: global restructuring program in conjunction with the integration of the Schering-Plough acquisition; reduction of work force by 15% & closing of plants and research sites.

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: 7/22/10 8K re: 4Q results ending 6/30/10.

6/18/10 8K re: sale of $1.25 bil of Zero Coupon Convertible Sr. Notes due '13 (and related 6/9 8K).

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: 7/13/10 8K re: declaration of quarterly dividend.

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

4/30/10 10Q

3M MMM: 7/22/10 8K re: 2Q results

6/28/10 8K re: projected sales range for 2Q '10.

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: 7/22/10 8K & 10Q

6/15/10 8K re: $1 bil 3 year revolving credit agreement.

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

4/23/10 10Q

United Technologies UTX: 7/21/10 8K re: 2Q results

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: 7/23/10 8K re: 2Q results ending 6/30/10

7/1/10 8K re: completion of acquisition of Frontier Communications Corp. and spin off of shares to VZ shareholders.

6/11/10 8K re: agreement with certain unions.

5/27/10 8K re: record date of 6/7/10 re: proposed spin off 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: 7/7/10 8K re: underwriting to the public of several series of notes.

7/2/10 8K re: departure of John E. Fleming EVP & Chief Merchandising Officer effective 8/1/10.

6/29/10 8K re: appointment of Eduwardo Castro-Wright as CEO fo global.com & William S. Simon as CEO of Walmart U.S.

6/9/10 8K re: results of 6/4 annual meeting of shareholders.

6/14/10 10Q.

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