8/6/10 Fri pm a HURD OUT AT HEWLETT -PACKARD!; Dow Closes 10,653.56 down 21.42 or 0.2%

www.DowJonesMonitor.com

BULLETIN: MARK HURD WAS FORCED TO RESIGN AS CEO OF HEWLETT-PACKARD TODAY FOLLOWING ALLEGATIONS OF SEXUAL HARRASSMENT BY A CONTRACTOR. HE IS REPLACED AS INTERIM CEO BY CFO CATHIE LESJAK. FULL STORY AT MARKETWATCH.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. 573. 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.

On August 2, 2010 Intellivest Securities Research, Inc. published a 66 page research report on AT&T saying it was a buy. For information as to how to obtain a copy of the Report please contact Dan Kolber at email: dkolber@intellivestsecurities.com or call him at 678-595-9756. For excerpts see this Blog's 8/4/10 Entry Headlined "AT&T Research Report."

The Dow Jones Industrial Average closed Friday at 10,653.56 down 21.42 or 0.2% from Thursday's close of 10,674.98. For the week the Dow is up 187.62 or 1.7 % from last Friday's close of 10,465.94. Of the 30 Dow Companies: 11 gained, Verizon was unchanged and 18 declined. The biggest gainer dollar-wise and percentage-wise was Kraft KFT $30.36 +0.70 2.36% 15,434,205 NYSE. The biggest decliner dollar-wise was IBM $130.14 -1.69 1.28% 6,100,735 NYSE and percentage-wise was
J.P.Morgan JPM $40.44 -0.83 2.01% 34,373,072 NYSE.

As of the open of the market Friday, 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 14.43 down from Thursday's 14.48 (year ago it was 14.96) the P/E estimate is 12.70 unchanged from Thursday's 12.70 (year ago it was 14.50) and the current dividend yield is 2.61 unchanged from Thursday's 2.61 (it was 3.08 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.

Friday's Dow Jones Industrial Average closing numerator was 1,407.65 down 2.62 from Thursday's closing numerator of 1,410.47. 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 2.62 for Friday by the divisor (0.132129493) you get the decrease in Friday's Dow of 21.42. 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 Friday's Dow Jones Industrial Average was $46.92 down up $0.10 from Thursday's Dow Jones Industrial Average average closing price of $47.02. The median closing price of Friday's Dow Jones Industrial Average was $41.97 down $0.28 from Thursday's median price of $42.25. The lowest volume was 3M MMM $87.29 -0.43 0.49% 2,691,391 NYSE and the highest volume again was Bank of America BAC $13.96 -0.06 0.43% 134,339,675 NYSE.

If Friday 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 $282 ($141,047 - $140,765).

MarketWatch 8/6/10 Fri. 4:45 pm by Kristina Peterson says U.S. stocks finished well off earlier lows on Friday, leaving intact strong weekly gains, as investors re-assessed news of worse-than-expected job losses in July amid hopes that the Federal Reserve might next week hint at new steps to boost the economy. The Dow Jones Industrial Average /(DJIA 10,654, -21.42, -0.20%) fell 21.42 points, or 0.2%, to end at 10,653.56. The blue-chip index recovered much of a 160-point morning drop to gain 1.8% during a week of light volumes. Investors piled into Treasurys after the release of the government's monthly jobs data, pushing the yield on the 10-year note to its lowest level in more than a year. Read about Treasury bonds. Also weighing Friday was a decline in consumer credit amid increased saving by American households. Consumer credit outstanding fell 0.7% in June, while the national savings rate rose to 6.4% from 6.3% in May, the Federal Reserve said in a report late Friday. The Nasdaq Composite (COMP 2,288, -4.59, -0.20%) pared its losses to end 0.2% lower at 2288.47, while the Standard & Poor's 500-stock index (SPX 1,122, -4.17, -0.37%) finished down 0.4% at 1,121.64, hovering around its 200-day moving average after falling below it earlier in the day. Cyclical stocks declined, while defensive shares in health-care, utilities and consumer staples helped limit the damage. The jobs report, which showed nonfarm payrolls fell by a larger-than-expected 131,000 last month, added to a stream of economic data over recent weeks that indicate the American recovery continues to weaken, and stoked fears the country could still fall back into a recession. Compounding worries is that consumer spending, which makes up 70% of economic activity, could further erode in the face of persistently high unemployment rates. And investors remain wary about how the weak job numbers will influence the Federal Reserve's decision at next week's meeting whether to alter its strategy for managing its $1.1-trillion portfolio of mortgage-backed securities or take other measures to spur the economy. Treasurys rallied as demand for the safe-haven assets surged. The 10-year Treasury note rose, pushing its yield (UST10Y 2.82, -0.08, -2.72%) down to 2.824%, hitting its lowest level since April 2009. The stock slide has "breathed new life into the 10-year," said Kevin Flanagan, fixed income strategist for global wealth management with Morgan Stanley. The dollar hit its 2010 low against the yen and weakened against the euro. After piercing $1.33 to a three-month high, the euro (EURUSD 1.3281, +0.0095, +0.7205%) was trading recently around $1.3290, up from $1.3186 late Thursday in New York. The U.S. Dollar Index (DXY 80.39, -0.43, -0.54%) , which tracks the U.S. currency against a basket of six others, shed 0.6%. Read about the dollar, euro.
Gold prices rose above the $1,200 psychological benchmark as investors moved to the perceived safety of the metal. The U.S. dollar, which weakened after the jobs report, is further helping the dollar-denominated metal by making it less expensive for buyers using other currencies. Read about gold. European markets lost earlier gains on encouraging earnings from European banking and insurance groups. The Europe Stoxx 600 (ST:SXXP 258.71, -2.77, -1.06%) closed down 1.1%, turning negative in the wake of the U.S. jobs report. Stocks tend to move more dramatically when volume is light, as it was on the U.S. exchanges Friday, with 3.1 billion shares changing hands in New York Stock Exchange Composite volume. Traders said there were few incentives to stake out new positions ahead of the weekend, especially in the wake of such disappointing data. Nonfarm payrolls fell by 131,000 last month, more than the drop of 60,000 economists had expected, the Labor Department said Friday. Only 71,000 private-sector jobs were added last month. The government also revised lower June's data to reflect a payrolls drop of 221,000, more than the 125,000 decline previously reported. Among stocks in focus, AIG AIG 40.83, -0.10, -0.24%) rose 2.6% as the company's insurance business generated an operating profit, though the bailed-out insurance behemoth swung to a second-quarter loss after taking a $3.3 billion write-down on the operations set to be sold to MetLife (MET 41.17, -0.25, -0.60%).
Kraft Foods (KFT 30.43, +0.07, +0.24%) gained 2.4% after reporting a 13% jump in its second-quarter profit as its new Cadbury business helped drive sales in developing markets in Asia and Latin America. Earnings topped Wall Street's expectations and Kraft affirmed its 2010 earnings outlook.

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

AT&T T $26.54 -0.20 0.75% 26,269,920 NYSE
Alcoa AA $11.59 +0.01 0.09% 17,546,960 NYSE
American Express AXP $43.5 +0.28 0.65% 8,026,928 NYSE
Bank of America BAC $13.96 -0.06 0.43% 134,339,675 NYSE
Boeing BA $68.7 -0.01 0.01% 4,482,010 NYSE
Caterpillar CAT $71.56 -0.40 0.56% 5,448,822 NYSE
Chevron CVX $78.73 -0.34 0.43% 8,963,711 NYSE
Cisco CSCO $24.07 -0.10 0.41% 40,396,606 NASDAQ-GS
Coca-Cola KO $56.75 +0.38 0.67% 8,964,382 NYSE
Walt Disney DIS $35 +0.02 0.06% 8,052,034 NYSE
DuPont DD $42.13 -0.35 0.82% 7,985,570 NYSE
ExxonMobil XOM $61.97 -0.74 1.18% 23,057,881 NYSE
GE $16.45 -0.07 0.42% 58,771,277 NYSE
Hewlett-Packard HPQ $46.3 -0.05 0.11% 14,474,632 NYSE
Home Depot HD $28.68 0.03 0.1% 11,184,911 NYSE
Intel INTC $20.65 -0.0-2 0.1% 50,693,769 NASDAQ-GS
IBM $130.14 -1.69 1.28% 6,100,735 NYSE
J.P.Morgan JPM $40.44 -0.83 2.01% 34,373,072 NYSE
Johnson & Johnson JNJ $59.96 +0.20 0.33% 8,511,273 NYSE
Kraft KFT $30.36 +0.70 2.36% 15,434,205 NYSE
McDonald's MCD $71.74 +1.29 1.83% 6,756,214 NYSE
Merck MRK $34.98 -0.09 0.26% 11,629,428 NYSE
Microsoft MSFT $25.55 +0.18 0.71% 55,916,161 NASDAQ-GS
Pfizer PFE $16.24 +0.05 0.31% 51,542,053 NYSE
Procter & Gamble PG $60.02 +0.16 0.27% 12,618,861 NYSE
3M MMM $87.29 -0.43 0.49% 2,691,391 NYSE
Travelers TRV $50.27 -0.40 0.79% 3,140,762 NYSE
United Technologies UTX $72.73 -0.47 0.64% 3,205,444 NYSE
Verizon VZ $29.55 unch unch 13,034,484 Dual Listed
Walmart WMT $51.79 +0.17 0.33% 8,253,447 NYSE

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

A read of Friday's issue of Wall St. Journal, Financial Times, New York Times, USA Today, Atlanta Journal Constitution & Daily Report (Ga) 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 Thursday's stock prices and related data.

Dow Jones Industrial Average: The Dow Jones Industrial Average closed Thursday at 10,674.98 down 5.45 or 0.05% from Wednesday's close of 10,680.43. For the year the Dow is up 2.37%. Of the 30 Dow Companies: 14 gained and 16 declined. The biggest gainer dollar-wise and percentage-wise was Caterpillar CAT $71.96 +0.84 1.18% 7,391,563 NYSE. The biggest decliner dollar-wise and percentage-wise was American Express AXP $43.22 -0.89 2.02% 12,403,838 NYSE.

WSJ pC5 "ADM cuts away from Dow chaff" by Donna Yesalavich says stocks fell slightly as investors traded cautiously ahead of the gov's nonfarm-payrolls report due Fri. American Express was the Dow's weakest component, with a drop of 89 cents, while Pfizer dropped 25 cents and Microsoft dropped 36 cents.

WSJ pC1 "Dow Slips 5.45 points" by Jonathan Cheng says stocks traded slightly lower ahead of the gov's monthly payrolls report. Volumes were weak on the Dow, with less than 4 bil shares changing hands for the first time in nearly a month. Investors have struggled with conflicting corp and economic data. Thurs, initial jobless claims unexpectedly rose and retailers posted mixed sales.

Fin Times p20 'Indices drop back afer disappointing retail sales figures" by Hannah Kuchler says US equities slipped slightly on Thurs on the back of higher than expeced jobless claims and lacklustre sales daa from retailers.

NYT pB7 "A lip, in tepid trading ahead of July jobs report" by Christine Hauser says stocks on Wall St. closed slightly lower on Thurs after statistics on unemployment clais and retail sales dampened the economic outlook before the monthly report on the job market, due on Fri.

USA Today p4B "Jobs report nibbles away market gains" by Bloomberg says stocks slipped Thurs, pulling the S&P 500 index down from an almost 3 month high, as unexpected increase in jobless claims fueled concern the economic recovery is slowing.

As of the open of the market Friday, 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 14.43 down from Thursday's 14.48 (year ago it was 14.96) the P/E estimate is 12.70 unchanged from Thursday's 12.70 (year ago it was 14.50) and the current dividend yield is 2.61 unchanged from Thursday's 2.61 (it was 3.08 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 1,4110.47 down 0.65 from Wednesday's closing numerator of 1,411.12. 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 5.74 for Thursday by the divisor (0.132129493) you get the increase in Thursday's Dow of 44.5. 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 $47.02 down up $0.02 from Wednesday's Dow Jones Industrial Average average closing price of $47.04. The median closing price of Thursday's Dow Jones Industrial Average was $42.25 down $0.65 from Wednsday's median price of $42.70. The lowest volume was Travelers TRV $50.67 -0.01 0.02% 1,964,328 NYSE and the highest volume again was Bank of America BAC $14.02 -0.17 1.2% 110,416,889 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 $73 ($141,120 - $141,047).

MarketWatch 8/5/10 Thurs. 4:35 pm by Donna Yesalavich says U.S. stocks recovered to finish slightly lower Thursday as investors braced for the government's monthly payrolls report on Friday morning. The Dow Jones Industrial Average (DJIA 10,675, -5.45, -0.05%) lost 5.52 points, or 0.05%, to close at 10674.91, after spending much of the trading day deeper in negative territory. Investors searched for clarity on the sustainability of the economic recovery ahead of Friday's employment data, with Thursday's data offering only conflicting messages. Weekly initial jobless claims unexpectedly rose while retailers reported mixed July same-store sales. Media-industry stocks resist the broader market's fall with shares of satellite-TV company DirecTV rising and media conglomerate News Corp. climbing following quarterly earnings reports. Adding to the market's concerns, the Federal Reserve will hold a meeting next week where officials are expected to consider whether to use cash the Fed receives when its mortgage-bond holdings mature to buy new mortgage or Treasury bonds, instead of allowing its portfolio to shrink gradually, as it is expected to do in the months ahead. Such a change would signal deepening concern about the economic outlook. The Nasdaq Composite(COMP 2,293, -10.51, -0.46%) declined 0.5% to 2293.06, and the Standard & Poor's 500 index (SPX 1,126, -1.43, -0.13%) dropped 0.1% to 1125.81. Information technology shares led the laggards, with Microsoft (MSFT 25.37, -0.36, -1.40%) slipping 1.4%, Xerox (XRX 9.74, +0.10, +1.04%) shedding 1% and Oracle (ORCL 24.26, -0.03, -0.11%) down 0.8%. The financial sector also dragged on the markets, weighed down by a 4.9% drop in Hartford Financial Services Group (HIG 22.70, +0.02, +0.09%) and a 1.7% decline in Regions Financial (RF 7.60, +0.13, +1.74%) . Hartford swung to a second-quarter profit, but lowered its 2010 target for operating earnings. Regions Chief Executive Grayson Hall Jr. warned investors he expects a slow economic recovery, with slow loan growth and a continued decline in home prices. Investors sought safety in Treasurys, which rose broadly. The increase in Treasurys pushed the yield on the 10-year note down to 2.90%. Volume was relatively weak, but in line with this week's lighter trend. Decliners outnumbered advancers by a ratio of two to one. The euro (EURUSD 1.3186, +0.0034, +0.2585%) fluctuated between small gains and losses after European Central Bank President Jean-Claude Trichet said that while the euro-zone economy is strengthening, current expansion rates are unlikely to be sustained after the summer. The European Central Bank kept its benchmark interest rate unchanged at 1%, as widely expected. See full story on ECB, Trichet. Investors sought safety in Treasurys and gold, which both rose. The increase in Treasurys pushed the yield on the 10-year note (UST10Y 2.90, -0.05, -1.76%) down to 2.90%. Read more on Treasurys in Bond Report. Among retailers' same-store sales reported Thursday, companies such as Macy's /(M 19.71, -0.07, -0.34%) , Limited Brands (LTD 26.04, -0.29, -1.10%) and Abercrombie & Fitch managed to exceed expectations, but J.C. Penney (JCP 22.14, +0.02, +0.09%) , Aeropostale (ARO 25.70, -0.18, -0.70%) and Hot Topic (HOTT 4.96, -0.01, -0.20%) widely missed the mark and provided discouraging earnings forecasts. Macy's rose 1.8%, Limited edged up 1.2% and Abercrombie climbed 1.9%, while J.C. Penney dropped 7.7%, Aeropostale slipped 5.7% and Hot Topic shed 5.7%.

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

AT&T T $26.74 +0.10 0.38% 23,434,957 NYSE: Fin Times p8 "BlackBerry's new torchbearer" by Paul Taylor favorably reviews the Blackberry Torch9800 but says it has a relatively slow processor and is a bit heavy. The Torch in the US will compe preloaded with a raft of AT&T apps that provide access to a wide range of social networking and entertaining services as well as AT&T's Web Video Search, a unique new app that searches video content from over 70 major online video websites. Users can also down new apps from both AT&T's app store and the BlackBerry App Store.

WSJ pA2 "Correction" WSJ corrected at story from yesterday> New BlackBerry Torch smarphone customers who are already AT&T customers can stay with their $30 a month unlimited data plan can keep it instead of switching to a $15 a month capped data plan.

Alcoa AA $11.58 +0.06 0.52% 15,544,917 NYSE: No mentions found.

American Express AXP $43.22 -0.89 2.02% 12,403,838 NYSE: WSJ pC5 "ADM cuts away from Dow chaff" by Donna Yesalavich says stocks fell slightly as investors traded cautiously ahead of the gov's nonfarm-payrolls report due Fri. American Express was the Dow's weakest component, with a drop of 89 cents, while Pfizer dropped 25 cents and Microsoft dropped 36 cents.

Bank of America BAC $14.02 -0.17 1.2% 110,416,889 NYSE: WSJ pC1 "BofA seeks sanction's end" by Dan Fitzpatrick says Bank of America wants out of a secet US sanction imposed during the fin'l crisis, but regulators are keeping the 15 month old penalty in place a they evaluate whether the bank has satisfied all of their requirements.

Boeing BA $68.71 -0.54 0.78% 4,311,280 NYSE: No mentions found.

Caterpillar CAT $71.96 +0.84 1.18% 7,391,563 NYSE: No mentions found.

Chevron CVX $79.07 +0.05 0.06% 9,300,038 NYSE: No mentions found.

Cisco CSCO $24.17 +0.03 0.12% 30,190,421 NASDAQ-GS: No mentions found.

Coca-Cola KO $56.37 -0.18 0.32% 7,507,390 NYSE: No mentions found.

Walt Disney DIS $34.98 +0.15 0.43% 8,401,596 NYSE: No mentions found.

DuPont DD $42.48 +0.07 0.17% 6,151,958 NYSE: No mentions found.

ExxonMobil XOM $62.71 0-.01 0.02% 19,963,762 NYSE: No mentions found.

GE $16.52 +0.04 0.24% 46,544,302 NYSE: No mentions found.

Hewlett-Packard HPQ $46.35 -0.42 0.9% 13,485,747 NYSE: No mentions found.

Home Depot HD $28.71 -0.01 0.03% 9,098,838 NYSE: No mentions found.

Intel INTC $20.67 -0.06 0.29% 44,589,695 NASDAQ-GS: No mentions found.

IBM $131.83 +0.56 0.43% 4,514,705 NYSE: WSJ pC3 "Big Blue flashes red on bonds" by Gregory Zuckerman says on Mon, IBM sold $1.5 bil of 3 year debt at a rocrd low 1% interest rate, or just 0.3% point more than the yield on gov debt of siilar maturity. IBM has an uncanny ability to sell bonds at a low coupon, just below rates climb. If history holds up,, rates again will climb, pressuring bond price. The last time IBM sold bonds, at the end of Nov. '09, it was just before the Treasury market began to feel pressure and interest rates moved higher, amid fears of inflation. IBM doesn't issue debt often, only 25 times over the past 21 years.

J.P.Morgan Chase JPM $41.27 -0.02 0.05% 19,771,464 NYSE: No mentions found.

Johnson & Johnson JNJ $59.76 +0.02 0.03% 9,599,156 NYSE: No mentions found.

Kraft KFT $29.66 -0.09 0.3% 15,732,409 NYSE: WSJ pB6 "Kraft" by John Kell, NYT pB2 "Profit rises 13%, but Kraft lowers forecast" by AP say Kraft Foods Inc,.'s 2Q profit rose 13% amid a sharp increase in rev, largely because of the Cadbury acquisition. It was the first full quarter that the $19 bil Cadbury purchase was reflected in Kraft's results. Its profit rose to $937 mil from $827 mil a year earlier. Earnings fell to 53 cents a share from 56 cents as Kraft had 18% more shares outstanding. Rev increased 25% to $12.25 bil. Excluding acquisition related costs, operating earnings from continuing operations rose to 60 cents from 53 cents. Kraft said that due to the trend of shoppers skimping on name brands to save money, Kraft now expects its full year organic net rev to grow 3 to 4% down from an earlier forecast of at least 4%. Kraft maintained its forecast for '10 operating earnings of at least $2 a share.

McDonald's MCD $70.45 -0.24 0.34% 5,439,862 NYSE: No mentions found.

Merck MRK $35.07 -0.12 0.34% 10,059,812 NYSE: No mentions found.

Microsoft MSFT $25.37 -0.36 1.4% 64,850,752 NASDAQ-GS: WSJ pC5 "ADM cuts away from Dow chaff" by Donna Yesalavich says stocks fell slightly as investors traded cautiously ahead of the gov's nonfarm-payrolls report due Fri. American Express was the Dow's weakest component, with a drop of 89 cents, while Pfizer dropped 25 cents and Microsoft dropped 36 cents.

Pfizer PFE $16.19 -0.25 1.52% 73,702,993 NYSE: WSJ pC5 "ADM cuts away from Dow chaff" by Donna Yesalavich says stocks fell slightly as investors traded cautiously ahead of the gov's nonfarm-payrolls report due Fri. American Express was the Dow's weakest component, with a drop of 89 cents, while Pfizer dropped 25 cents and Microsoft dropped 36 cents.

Procter & Gamble PG $59.86 +0.31 0.52% 12,603,266 NYSE: No mentions found.

3M MMM $87.72 -0.28 0.32% 2,523,375 NYSE: No mentions found.

Travelers TRV $50.67 -0.01 0.02% 1,964,328 NYSE: No mentions found.

United Technologies UTX $73.2 +0.53 0.73% 3,058,970 NYSE: No mentions found.

Verizon VZ $29.55 +0.15 0.51% 13,526,900 Dual Listed: Fin imes p11 "Google 7 Verizon eye deal" by Richard Waters, WSJ pB1 "US ends private talks on web rules" by Amy Schatz says US officials called off closed door talks with lobbyists aimed at reaching a compromise on ways to regulate Internet traffic after news reports that 2 participants, Verizon Communications Inc. and Google had reached a separate agreement on Internet traffic rules that would allow Verizon to carry some broad band traffic at faster speed. FCC officials felt the deal undermined their broader talks.

Walmart WMT $51.62 -0.02 0.04% 7,433,805 NYSE: No mentions found.

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Here are the current CEOs of the Dow 30 Companies:

AT&T T Randall L. Stephenson (Dallas, TX)
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 Cathie Lesjak (Interim) (Palo, Alto, CA)
Home Depot HD Frank Blake
Intel INTC Paul S. Otellini (Santa Clara, CA)
IBM Samuel J. Palmisano
JPMorgan Chase JPM Jamie Dimon
Johnson & Johnson JNJ William C. Weldon
Kraft KFT Irene Rosenfeld (Northfield, Ill.)
McDonald's MCD Jim Skinner
Merck MRK Richard Clark (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
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.