9/14/10 Tues. am Ex-IBM Gets 6 Mo. Jail in Insider Case

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Post No. 637 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 9/12/10 and an update of the Dow 30 component's SEC filings as of 9/12/10.

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

Dow:The Dow Jones Industrial Average closed Monday at 10,544.13 up 81.36 or 0.78% from Friday's close of 10,462.77. For the year the Dow is up 1.11%. Of the 30 Dow Companies: 23 gained, Hewlett-Packard was unchanged and 6 declined. The biggest gainer dollar-wise was IBM $129.61 +1.62 1.27% 4,985,411 NYSE and percentage-wise was Microsoft MSFT $25.11 +1.26 5.28% 112,585,376 NASDAQ-GS. The biggest decliner dollar-wise was Coke KO $58.03 -0.49 0.84% 8,760,539 NYSE and percentage-wise was Merck MRK $36.22 -0.43 1.17% 10,593,076 NYSE.

Fin Times p26 "Fin'ls lead the risers after cpaitalr eserves agreement" by Hannah Kuchler says US stocks rose to the highest level for a month as fin'l stocks were boosted by a global agreement on capital requirements and the industrial sector benefited from better than expected economic data from China. JPMorgan climbed 3.7% and Bank of Amer surged 3%. Industrial stocks with revenue from China surged due to Chinese data showing the economy seemed by be stabilizing. GE was up 1.75, Caterpillar was up 1.4%. Oil firms benefited from oil prices reaching a 4 week high partly due to the closure of the largest pipeline from Canada to theUS Midwest after a leak & partly on the back of the Chinese economic data. But ExxonMobil fell 0.3% after its rating was cut from buy to hold by Deutsche Bank because of its exposure to natural gas, which there is a surplus of across the world. Shares ind defense firms rose after it was reported that the White House ws to ask Congress to agree to a sale of $60 bil of arms to Saudi Arabia. Boeing was up 0.6% as a result. Also, Microsoft was up 5.3% after it said it would sell debt to pay for dividends and share buybacks because to much of its cash is held overseas. Hewlett-Packard followed Intel in snapping up an online security firm, buying ArcSight for $1.5 bil. Intel bought security software firm McAfee last month.

WSJ pC6 "Fin'ls like BofA pace rally" by Kristina Peterson says fin'ls led US stocks higher on Mon as investors welcomed new global banking requirements that will be ushered in gradually enough to ensure anks won't need to raise capital. JPMorgan rose $1.36, Bank of America gained 40 cents and American Express added $1.03. ArcSigh is charted nuder Good News after Hewlett-Packard agreed to buy it.

WSJ pC1 "Dow reaches highest mark in a month" by Jonathan Cheng says stocks reached a one month high as investors snapped up banking & tech stocks on encouraging signals from both sectors.

NYT pB8 "Wall St., reassured extends its rally" by AP says stocks extended their rally into a 3rd week after global regulators agreed to new rules for how much money banks need in reserve, China reported that its economy remained robust and firms announced a flurry of takeover. This is essential the same story that appears in USA Today p6B, summarized below. This occurs rarely.

USA Today p6B "Stocks continue gains on upbeat news" by AP says the US stocks market extended its rally into a 3rd week after global regulators agreed in new rules for how much money banks must hold in reserves, China announced that its economy remains robust, and firms announced a flurry of takeovers.

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 0.132129493, the trailing P/E ratio is 14.23 up from Monday's 14.12 (year ago it was 15.53) the P/E estimate is 12.53 unchanged from Monday's 12.53 (year ago it was 15.35) and the current dividend yield is 2.67 down from Monday's 2.69 (it was 2.95 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 1,393.19 up 10.76 from Friday's closing numerator of 1,382.44. 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 10.76 for Monday by the divisor (0.132129493) you get the increase in Monday's Dow of 81.36. 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 $46.44 up 0.36 from Friday's Dow Jones Industrial Average average closing price of $46.08. The median closing price of Monday's Dow Jones Industrial Average was $41.17 (AXP/JPM) up 1.10 from Friday's Dow Jones median price of 40.07. The lowest volume was 3M MMM $83.86 +0.92 1.1% 2,818,157 NYSE and the highest volume again was Bank of America BAC $13.95 +0.40 2.95% 161,720,979 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 $1,075 ($139,319 - $138,244).

MarketWatch 9/13/10 Monday 4:41 pm by Kate Gibson says U.S. stocks rose Monday, carrying all three major indexes onto positive turf for 2010, as global banks were given as much as eight years to meet new capital-reserve rules and as data quantified China's continuing expansion. "Those pundits [who] were telling us that September was going to be the worst month are now hiding under a rock," noted Elliot Spar, market strategist at Stifel, Nicolaus & Co. The major indexes trimmed their rise even as they confronted technical hurdles, with the S&P 500 Index breaching its 200-day moving average for the first time in a month. The Dow Jones Industrial Average (DJIA 10,544, +81.36, +0.78%) gained 81.36 points, or 0.8%, to end at 10,544.13, lifted by a 5.3% rise in shares of Microsoft Corp.(MSFT 25.18, +0.07, +0.28%). The firm said it is gearing up for the introduction of new wireless Internet networks on unused U.S. T.V. airwaves. Technology shares were also lifted by an acquisition deal from Hewlett-Packard Co. (HPQ 38.25, -0.03, -0.08%). After Monday's gains, the Dow industrials are now up 1.1% for the year. The S&P 500 index (SPX 1,122, +12.35, +1.11%) rose 12.35 points, or 1.1%, to 1,121.90, with financials rising 2.3% and technology gaining 2.1%. The Nasdaq Composite (COMP 2,286, +43.23, +1.93%) jumped 43.23 points, or 1.9%, to 2,285.71. The S&P 500 is now up 0.6% for the year and the Nasdaq is up 0.7. More than three stocks gained for every declining issue on the New York Stock Exchange, where more than 935 million shares traded. On the New York Mercantile Exchange, gold futures closed with a sliver of a gain, up 60 cents at $1,247.10 an ounce. Crude futures added 1% to finish at $77.19 a barrel.
On Sunday, global regulators agreed on reforms that call for banks to gradually raise their reserves in an effort to avert the next would-be crisis in financial markets. "Traders seem relieved that the [Basel III] regulatory agreement for banks does not require banks to raise huge amounts of equity capital immediately to meet the new balance-sheet guidelines, but gives them several years to hit the targets," wrote Fred Dickson, chief investment strategist at Davidson Cos. 'Those pundits [who] were telling us that September was going to be the worst month are now hiding under a rock.'Eliot Spar, Stifel, Nicolaus & Co.Adding to investor cheer, China over the weekend reported that industrial production climbed nearly 14% in August from a year ago, with data from the world's second biggest economy coming as analysts had projected a slowdown. Domestically, M&A activity helped support Wall Street's rally. Hewlett-Packard Co. (HPQ 38.25, -0.03, -0.08%) said it would pay $1.5 billion for security-software company ArcSight Inc. (ARST 43.92, +0.01, +0.02%) , with H-P's latest acquisition continuing a recent shopping spree. Dollar Thrifty Automotive Group Inc. (DTG 50.58, +2.57, +5.35%) said it would accept the latest offer of about $1.43 billion from Hertz Global Holdings Inc. (HTZ 10.80, -0.04, -0.37%), which has been in a bidding war with rival car-rental company Avis Budget Group Inc. (CAR 10.95, +0.73, +7.14%)

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

AT&T T $27.93 +0.10 0.36% 19,335,159 NYSE: USA Today p4B "Walmart teams up with T-Mobile" by David Lieberman says the 2 firms will introduce a Walmart branded plan that could save a family of 3 more than $1,200 a year compared with packages of similar moible phone services from AT&T and Verizon. Starting Mon, the Walmart Family Mobile will offer discount pricing without requiring consumers to pay in advance, sign annual service contracts or go through credit checks.

Alcoa AA $11.52 +0.35 3.13% 24,444,222 NYSE: No mentions found.

Amex AXP $41.22 +1.03 2.56% 7,696,067 NYSE: WSJ pC6 "Fin'ls like BofA pace rally" by Kristina Peterson says fin'ls led US stocks higher on Mon as investors welcomed new global banking requirements that will be ushered in gradually enough to ensure anks won't need to raise capital. JPMorgan rose $1.36, Bank of America gained 40 cents and American Express added $1.03. ArcSigh is charted nuder Good News after Hewlett-Packard agreed to buy it.

Bank of America BAC $13.95 +0.40 2.95% 161,720,979 NYSE: Fin Times p1 "BofA searches for assets to sell in bid to ease investor concerns' by Justin Baer says Bank of America plans to identify tens of billions fo dollars in assets and businesses that i wants to sell in the latest effort to ease investors' concerns about its holdings of risky securities and loans.

WSJ pC1 "Bank rules win mued praise' by Damian Paletta says the new Basel accord requires banks to hold levels of high quality capital known as Tier 1 common equity. A chart shows JPmorgan and Bank of America holding the 3 and 5th least amount of such equity as a percentage of risk weighted assets of the top 6 banks.

Fin Times p26 "Fin'ls lead the risers after cpaital reserves agreement" by Hannah Kuchler says US stocks rose to the highest level for a month as fin'l stocks were boosted by a global agreement on capital requirements and the industrial sector benefited from better than expected economic data from China. JPMorgan climbed 3.7% and Bank of Amer surged 3%. Industrial stocks with revenue from China surged due to Chinese data showing the economy seemed by be stabilizing. GE was up 1.75, Caterpillar was up 1.4%. Oil firms benefited from oil prices reaching a 4 week high partly due to the closure of the largest pipeline from Canada to theUS Midwest after a leak & partly on the back of the Chinese economic data. But ExxonMobil fell 0.3% after its rating was cut from buy to hold by Deutsche Bank because of its exposure to natural gas, which there is a surplus of across the world. Shares ind defense firms rose after it was reported that the White House ws to ask Congress to agree to a sale of $60 bil of arms to Saudi Arabia. Boeing was up 0.6% as a result. Also, Microsoft was up 5.3% after it said it would sell debt to pay for dividends and share buybacks because to much of its cash is held overseas. Hewlett-Packard followed Intel in snapping up an online security firm, buying ArcSight for $1.5 bil. Intel bought security software firm McAfee last month.

Boeing BA $64.19 +0.35 0.55% 3,079,879 NYSE: Fin Times p26 "Fin'ls lead the risers after cpaital reserves agreement" by Hannah Kuchler says US stocks rose to the highest level for a month as fin'l stocks were boosted by a global agreement on capital requirements and the industrial sector benefited from better than expected economic data from China. JPMorgan climbed 3.7% and Bank of Amer surged 3%. Industrial stocks with revenue from China surged due to Chinese data showing the economy seemed by be stabilizing. GE was up 1.75, Caterpillar was up 1.4%. Oil firms benefited from oil prices reaching a 4 week high partly due to the closure of the largest pipeline from Canada to theUS Midwest after a leak & partly on the back of the Chinese economic data. But ExxonMobil fell 0.3% after its rating was cut from buy to hold by Deutsche Bank because of its exposure to natural gas, which there is a surplus of across the world. Shares ind defense firms rose after it was reported that the White House ws to ask Congress to agree to a sale of $60 bil of arms to Saudi Arabia. Boeing was up 0.6% as a result. Also, Microsoft was up 5.3% after it said it would sell debt to pay for dividends and share buybacks because to much of its cash is held overseas. Hewlett-Packard followed Intel in snapping up an online security firm, buying ArcSight for $1.5 bil. Intel bought security software firm McAfee last month.

Caterpillar CAT $72.24 +0.98 1.38% 7,580,080 NYSE: Fin Times p26 "Fin'ls lead the risers after cpaital reserves agreement" by Hannah Kuchler says US stocks rose to the highest level for a month as fin'l stocks were boosted by a global agreement on capital requirements and the industrial sector benefited from better than expected economic data from China. JPMorgan climbed 3.7% and Bank of Amer surged 3%. Industrial stocks with revenue from China surged due to Chinese data showing the economy seemed by be stabilizing. GE was up 1.75, Caterpillar was up 1.4%. Oil firms benefited from oil prices reaching a 4 week high partly due to the closure of the largest pipeline from Canada to theUS Midwest after a leak & partly on the back of the Chinese economic data. But ExxonMobil fell 0.3% after its rating was cut from buy to hold by Deutsche Bank because of its exposure to natural gas, which there is a surplus of across the world. Shares ind defense firms rose after it was reported that the White House ws to ask Congress to agree to a sale of $60 bil of arms to Saudi Arabia. Boeing was up 0.6% as a result. Also, Microsoft was up 5.3% after it said it would sell debt to pay for dividends and share buybacks because to much of its cash is held overseas. Hewlett-Packard followed Intel in snapping up an online security firm, buying ArcSight for $1.5 bil. Intel bought security software firm McAfee last month.

Chevron CVX $79.25 .43 0.55% 8,403,050 NYSE: No mentions found.

CSCO $21.26 +0.64 3.1% 61,544,830 NASDAQ-GS: No mentions found.

Coke KO $58.03 -0.49 0.84% 8,760,539 NYSE: No mentions found.

DIS $34.27 +0.12 0.35% 8,594,337 NYSE: No mentions found.

DuPont DD $42.8 +0.51 1.21% 5,425,211 NYSE: No mentions found.

Exxon XOM $61 -0.20 0.33% 22,552,495 NYSE: Fin Times p26 "Fin'ls lead the risers after cpaitalr eserves agreement" by Hannah Kuchler says US stocks rose to the highest level for a month as fin'l stocks were boosted by a global agreement on capital requirements and the industrial sector benefited from better than expected economic data from China. JPMorgan climbed 3.7% and Bank of Amer surged 3%. Industrial stocks with revenue from China surged due to Chinese data showing the economy seemed by be stabilizing. GE was up 1.75, Caterpillar was up 1.4%. Oil firms benefited from oil prices reaching a 4 week high partly due to the closure of the largest pipeline from Canada to theUS Midwest after a leak & partly on the back of the Chinese economic data. But ExxonMobil fell 0.3% after its rating was cut from buy to hold by Deutsche Bank because of its exposure to natural gas, which there is a surplus of across the world. Shares ind defense firms rose after it was reported that the White House ws to ask Congress to agree to a sale of $60 bil of arms to Saudi Arabia. Boeing was up 0.6% as a result. Also, Microsoft was up 5.3% after it said it would sell debt to pay for dividends and share buybacks because to much of its cash is held overseas. Hewlett-Packard followed Intel in snapping up an online security firm, buying ArcSight for $1.5 bil. Intel bought security software firm McAfee last month.

GE $16.25 +0.27 1.69% 56,003,697 NYSE: Fin Times p26 "Fin'ls lead the risers after capital reserves agreement" by Hannah Kuchler says US stocks rose to the highest level for a month as fin'l stocks were boosted by a global agreement on capital requirements and the industrial sector benefited from better than expected economic data from China. JPMorgan climbed 3.7% and Bank of Amer surged 3%. Industrial stocks with revenue from China surged due to Chinese data showing the economy seemed by be stabilizing. GE was up 1.75, Caterpillar was up 1.4%. Oil firms benefited from oil prices reaching a 4 week high partly due to the closure of the largest pipeline from Canada to theUS Midwest after a leak & partly on the back of the Chinese economic data. But ExxonMobil fell 0.3% after its rating was cut from buy to hold by Deutsche Bank because of its exposure to natural gas, which there is a surplus of across the world. Shares ind defense firms rose after it was reported that the White House ws to ask Congress to agree to a sale of $60 bil of arms to Saudi Arabia. Boeing was up 0.6% as a result. Also, Microsoft was up 5.3% after it said it would sell debt to pay for dividends and share buybacks because to much of its cash is held overseas. Hewlett-Packard followed Intel in snapping up an online security firm, buying ArcSight for $1.5 bil. Intel bought security software firm McAfee last month.

Hewlett-Packard HPQ $38.28 unch unch 33,517,532 NYSE: Fin Times p19 "HP expands in security with ArcSight deal" by Joseph Menn, NYT pB6 "HP will pay $1.5 bil for ArcSight", USA Today p4B "HP plans to buy ArcSight" by Andrew Vanacore, Daily Report p6 "HP to buy ArcSight" by Bloomberg say Hewlett-Packard followed Intel in snapping up an online security firm, buying ArcSight for $1.5 bil. Intel bought security software firm McAfee last month.

Fin Times p14 "Beae the superstar chief exec" by Philip Broughton says ex-HPQ CEO Mark Hurd may be the wrong man for Oracel and Daily Report p6 "In new role, Hurd is no longe the leader" by Jordan Robertson, AP says Hurd has may be angling for the CEO's job at Oracle.

Fin Times p26 "Fin'ls lead the risers after cpaital reserves agreement" by Hannah Kuchler says US stocks rose to the highest level for a month as fin'l stocks were boosted by a global agreement on capital requirements and the industrial sector benefited from better than expected economic data from China. JPMorgan climbed 3.7% and Bank of Amer surged 3%. Industrial stocks with revenue from China surged due to Chinese data showing the economy seemed by be stabilizing. GE was up 1.75, Caterpillar was up 1.4%. Oil firms benefited from oil prices reaching a 4 week high partly due to the closure of the largest pipeline from Canada to theUS Midwest after a leak & partly on the back of the Chinese economic data. But ExxonMobil fell 0.3% after its rating was cut from buy to hold by Deutsche Bank because of its exposure to natural gas, which there is a surplus of across the world. Shares ind defense firms rose after it was reported that the White House ws to ask Congress to agree to a sale of $60 bil of arms to Saudi Arabia. Boeing was up 0.6% as a result. Also, Microsoft was up 5.3% after it said it would sell debt to pay for dividends and share buybacks because to much of its cash is held overseas. Hewlett-Packard followed Intel in snapping up an online security firm, buying ArcSight for $1.5 bil. Intel bought security software firm McAfee last month.

WSJ pC12 "Symantec needs some merger medicine" by Rolfe Winkle says shares of this antivirus software firm are up 20% since Inel said it ws buying rival McAfee and Hewlett-Packard buying ArcSight. Oracle, IBM or Microsoft could buy Symantec.

Home Depot HD $29.99 +0.31 1.04% 9,694,825 NYSE: AJC pA11 "Home Depot execs learn from store work" by Henry Unger says every quarter 170 employees from Home Depot's headquarters in Atlanta tie on oragne aprons and work in the stores in a program called "Summer in the Sotes" but the name changes according to the season. It is learning by doing with much of the education provided by the store employees.

Intel INTC $18.5575 +0.5875 3.27% 72,145,419 NASDAQ-GS: WSJ pB7 "For Intel, new chips equal new strategy" by Don Clarks says Intel's new chip family will be a sharp tech shift for Intel and may require new marketing pitches. The products known by code name Sandy Bridge combine the firm's traditional microprocessor echnology with graphics, video processing and other features on a single piece of silicon.

WSJ pC12 "Symantec needs some merger medicine" by Rolfe Winkle says shares of this antivirus software firm are up 20% since Inel said it ws buying rival McAfee and Hewlett-Packard buying ArcSight. Oracle, IBM or Microsoft could buy Symantec.

Fin Times p26 "Fin'ls lead the risers after cpaital reserves agreement" by Hannah Kuchler says US stocks rose to the highest level for a month as fin'l stocks were boosted by a global agreement on capital requirements and the industrial sector benefited from better than expected economic data from China. JPMorgan climbed 3.7% and Bank of Amer surged 3%. Industrial stocks with revenue from China surged due to Chinese data showing the economy seemed by be stabilizing. GE was up 1.75, Caterpillar was up 1.4%. Oil firms benefited from oil prices reaching a 4 week high partly due to the closure of the largest pipeline from Canada to theUS Midwest after a leak & partly on the back of the Chinese economic data. But ExxonMobil fell 0.3% after its rating was cut from buy to hold by Deutsche Bank because of its exposure to natural gas, which there is a surplus of across the world. Shares ind defense firms rose after it was reported that the White House ws to ask Congress to agree to a sale of $60 bil of arms to Saudi Arabia. Boeing was up 0.6% as a result. Also, Microsoft was up 5.3% after it said it would sell debt to pay for dividends and share buybacks because to much of its cash is held overseas. Hewlett-Packard followed Intel in snapping up an online security firm, buying ArcSight for $1.5 bil. Intel bought security software firm McAfee last month.

IBM $129.61 +1.62 1.27% 4,985,411 NYSE: WSP pC3 "Ex-IBM exec sentenced to prison" by Chad Bray, Fin Times p17 "Ex-IBM exec jailed for insider dealing role" by Jean Englesham, NyT pB8 "Exec is senenced in Galleon case" by AP, USA Today p1B "Former IBM exec gets 6 months in prison" say a former sr. vp of IBM admited in March that he provided insider info to a consultant who then gave it Galleon hedge fund.

JPMorgan JPM $41.12 +1.36 3.42% 40,067,969 NYSE: Fin Times p26 "Fin'ls lead the risers after cpaitalr eserves agreement" by Hannah Kuchler says US stocks rose to the highest level for a month as fin'l stocks were boosted by a global agreement on capital requirements and the industrial sector benefited from better than expected economic data from China. JPMorgan climbed 3.7% and Bank of Amer surged 3%. Industrial stocks with revenue from China surged due to Chinese data showing the economy seemed by be stabilizing. GE was up 1.75, Caterpillar was up 1.4%. Oil firms benefited from oil prices reaching a 4 week high partly due to the closure of the largest pipeline from Canada to theUS Midwest after a leak & partly on the back of the Chinese economic data. But ExxonMobil fell 0.3% after its rating was cut from buy to hold by Deutsche Bank because of its exposure to natural gas, which there is a surplus of across the world. Shares ind defense firms rose after it was reported that the White House ws to ask Congress to agree to a sale of $60 bil of arms to Saudi Arabia. Boeing was up 0.6% as a result. Also, Microsoft was up 5.3% after it said it would sell debt to pay for dividends and share buybacks because to much of its cash is held overseas. Hewlett-Packard followed Intel in snapping up an online security firm, buying ArcSight for $1.5 bil. Intel bought security software firm McAfee last month.

JNJ $60.32 +0.34 0.57% 10,060,471 NYSE: No mentions found.

KFT $30.95 +0.17 0.55% 5,898,908 NYSE: No mentions found.

McDonalds MCD $74.57 -0.44 0.59% 7,690,229 NYSE: WSJ pB8 "New ad targets McDonald's" by Julie jagon says MCD is the target of a new tv commercial produced by the nonprofit Physicians Committee for Responsible Medicine that blames McDonalds for heart disease.

Merck MRK $36.22 -0.43 1.17% 10,593,076 NYSE: No mentions found.

Microsoft MSFT $25.11 +1.26 5.28% 112,585,376 NASDAQ-GS: WSJ pB6 "Microsoft struggles to gain in mobile search" by Spencer Ante says a third of its way into a 5 year deal to make its Internet search and advertising services the default option on Verizon Wireless cellphones, Microsoft is still struggling to make headway in a market that continues to be dominated by Google.

Fin Times p26 "Fin'ls lead the risers after cpaitalr eserves agreement" by Hannah Kuchler says US stocks rose to the highest level for a month as fin'l stocks were boosted by a global agreement on capital requirements and the industrial sector benefited from better than expected economic data from China. JPMorgan climbed 3.7% and Bank of Amer surged 3%. Industrial stocks with revenue from China surged due to Chinese data showing the economy seemed by be stabilizing. GE was up 1.75, Caterpillar was up 1.4%. Oil firms benefited from oil prices reaching a 4 week high partly due to the closure of the largest pipeline from Canada to theUS Midwest after a leak & partly on the back of the Chinese economic data. But ExxonMobil fell 0.3% after its rating was cut from buy to hold by Deutsche Bank because of its exposure to natural gas, which there is a surplus of across the world. Shares ind defense firms rose after it was reported that the White House ws to ask Congress to agree to a sale of $60 bil of arms to Saudi Arabia. Boeing was up 0.6% as a result. Also, Microsoft was up 5.3% after it said it would sell debt to pay for dividends and share buybacks because to much of its cash is held overseas. Hewlett-Packard followed Intel in snapping up an online security firm, buying ArcSight for $1.5 bil. Intel bought security software firm McAfee last month.

WSJ pC12 "Symantec needs some merger medicine" by Rolfe Winkle says shares of this antivirus software firm are up 20% since Inel said it ws buying rival McAfee and Hewlett-Packard buying ArcSight. Oracle, IBM or Microsoft could buy Symantec.

Pfizer PFE $16.97 -0.02 0.12% 45,893,489 NYSE: No mentions found.

Procter & Gam PG $60.48 +0.08 0.13% 9,505,208 NYSE: No mentions found.

MMM $84.86 +0.92 1.1% 2,818,157 NYSE: No mentions found.

Travelers TRV $50.44 +0.38 0.76% 2,918,488 NYSE: No mentions found.

United Tech UTX $68.79 -0.10 0.15% 4,433,178 NYSE: No mentions found.

Verizon VZ $30.9 +0.08 0.26% 14,464,423 Dual Listed: WSJ pB2 "Verizon finance chief to retire" by Spencer Ante" says Verizon's cfo John F. Killian will retire at the end of the year and his replacement will likely come from within the firm.

WSJ pB6 "Microsoft struggles to gain in mobile search" by Spencer Ante says a third of its way into a 5 year deal to make its Internet search and advertising services the default option on Verizon Wireless cellphones, Microsoft is still struggling to make headway in a market that continues to be dominated by Google.

USA Today p4B "Walmart teams up with T-Mobile" by David Lieberman says the 2 firms will introduce a Walmart branded plan that could save a family of 3 more than $1,200 a year compared with packages of similar moible phone services from AT&T and Verizon. Starting Mon, the Walmart Family Mobile will offer discount pricing without requiring consumers to pay in advance, sign annual service contracts or go through credit checks.

Walmart WMT $52.21 +0.24 0.46% 7,798,633 NYSE: WSJ pB7 "Walmart to offer cell plan with no contract" by Shayndi Raice", USA Today p4B "Walmart teams up with T-Mobile" by David Lieberman says the 2 firms will introduce a Walmart branded plan that could save a family of 3 more than $1,200 a year compared with packages of similar moible phone services from AT&T and Verizon. Starting Mon, the Walmart Family Mobile will offer discount pricing without requiring consumers to pay in advance, sign annual service contracts or go through credit checks.

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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 (NY, NY)
American Express AXP Kenneth I. Chenault (NY, NY)
Bank of America BAC Brian T. Moynihan (Charlotte, N.C.)
Boeing BA W. James McNerney, Jr. (Cyhicago, Ill)
Caterpillar CAT Douglas Oberhelman (Peoria, Ill.)
Chevron CVX John Watson (San Ramon, CA)
Cisco CSCO John Chambers (San Jose, CA)
Coca Cola KO Muhtar Kent (Atlanta, GA)
Disney DIS Robert Iger (Burbank, CA)
DuPont DD Ellen Kullman (Wilmington, DE)
ExxonMobil XOM Rex W. Tillerson (Irving, Tx)
GE Jeffrey R. Immelt (Fairfield, CT)
Hewlett-Packard HPQ Cathie Lesjak (Interim) (Palo, Alto, CA)
Home Depot HD Frank Blake (Atlanta, GA)
Intel INTC Paul S. Otellini (Santa Clara, CA)
IBM Samuel J. Palmisano (Armonk, NY)
JPMorgan Chase JPM Jamie Dimon (NY, NY)
Johnson & Johnson JNJ William C. Weldon (New Brunswick, NJ)
Kraft KFT Irene Rosenfeld (Northfield, Ill.)
McDonald's MCD Jim Skinner (Oak Brook, Ill)
Merck MRK Richard Clark (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
Pfizer PFE Jeffrey Kindler (NY, NY)
Procter & Gamble PG Bob McDonald (Cincinnati, OH)
3M MMM George W. Buckley (St. Paul, MN)
Travelers TRV Jay S. Fishman (NY, NY)
United Technologies UTX Louis Chenevert (Hartford, CT)
Verizon VZ Ivan Seidenberg (NY, NY)
Wal-Mart WMT Mike Duke (Bentonville, ARK)

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest 1/2 billion as of 9/12/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $311.5 [5]
2. Microsoft MSFT 209 [9]
3. WalMart WMT 189 [3.5]
4. Procter & Gamble PG 171 [3]
5. GE 171 [10.5]
6. Johnson & Johnson JNJ 165 [3]
7. AT&T T 164.5 [6]
8. IBM 161.5 [1]
9. Chevron CVX 158.5 [2]
10. JPMorgan Chase JPM 157.5 [4]
11. Pfizer PFE 136.5 [8]
12. Bank of America BAC 136 [10]
13. Coke KO 135 [2.5]
14. Cisco CSCO 118 [6]
15. Merck MRK 112.5 [3]
16. Intel INTC 100 [5.5]
17. Verizon VZ 91.5 [3]
18. Hewlett-Packard HPQ 89 [2.5]
19. McDonald's MCD 80 [1]
20. Disney DIS 66 [2]
21. United Technologies UTX 64 [1]
22. 3M MMM 60 [.5]
23. Kraft KFT 53.5 [2]
24. Home Depot 49.5 [1.5]
25.American Express AXP 48 [1]
26. Boeing BA 47 [1]
27. Caterpillar CAT 45 [.5]
28. DuPont DD 38 [1]
29. Travelers 23.5 [.5]
30. Alcoa AA 11.5 [1]

Here are the latest SEC filings as of 9/12/10 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: 9/2/10 8K re: issuance of 5.35% Notes due '40
8/19/10 8K re: agreement with Comm. Workers of America for a new 3 year contract for the 4,000 CWA workers in AT&T's East region
8/18/10 8K re: exchange offer of 5.35% Notes due '40 for outstanding 8.85% Sr. Notes of New Cingular Wireless due '31
8/6/10 10Q re: 2Q results 6/30/10
8/4/10 8K re: offer to exchange New Cingular Wireless Notes
7/30/10 8K re: sale of 2.5% Global Notes due '15
7/22/10 8K re: 2Q earnings
6/25/10 8K: re: amendments to employee compensation plans.

Alcoa AA: 8/24/10 8K re: tender offer for its 6% Notes due '12 & 5.3% Notes due '13
8/23/10 10Q/A amends prior 10Q
8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes
7/27/10 8K re: offering of 6.15% notes due '20
7/23/10 8K re: election of Tony Theme CFO Engineered Products & Graeme Bottger, Controller

American Express AXP: 8/16/10 2 8Ks re: delinquency and write-off statistics
8/5/10 10Q 2Q results 6/30/10
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

Bank of Am BAC: 8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments
7/27/10 8K re: issuance of Euro Medium Term Notes
7/22/10 8K re: impairment resulting from fin'l reform legislation passed by Congress

Boeing BA: 8/27/10 8K re: delay of delivery of first 787 to mid 1Q '11 due to Rolls Royce Engine supply problems
7/28/10 10Q 2Q 6/30/10
7/28/10 8K re 2Q results
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.

Caterpiller CAT: 8/26/10 10Q/A amends prior 10Q
8/19/10 8K re: July dealer statistics
7/30/10 10Q 1Q 6/30/10
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.
/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.

Chevron CVX: 8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
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.

Cisco CSCO 9/10/10 Prelim Proxy Stmt re: Annual Shareholders Meeting on 11/18/10 at Santa Clara, Cal.
8/11/10 8K re: 4Q results fiscal year 7/31/10
6/29/108K 6/29/10 10b5-1 re: stock trading plans adopted by insiders

Coke KO 9/27/10 8K re: settlement in Georgia of one of 3 shareholder class action suits challenging takeover of CCE
8/27 & 8/24 8Ks re: refiling of Hart-Scott-Rodino filing & similar filing with Candadian Corp. Bureau to give regulators more time to review acquisition of Coca-Cola Enterprises
8/2/10 10Q 2Q 7/2/10
7/30/10 8K re: refiling of Hart-Scott-Rodino filing re: acquisition of Coca-Cola Enterprises
7/21/10 8K re: 2Q results

Disney DIS 8/10/10 10Q 3Q 6/27/10
8/10/10 8K re: 3Q results

DuPont DD: 7/27/10 10Q 2Q 6/30/10
7/27/10 8K re: 2Q results
4/29/10 8K re: voting results from annual meeting held on 4/28/10.

ExxonMobil XOM: 8/4/10 10Q 2Q 6/30/10
7/29/10 8K re: 2Q results
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

GE: 8/2/10 10Q 1Q 6/30/10
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.

Hewlett-Packard HPQ: 9/9/10 10Q
9/7/10 8K re; agreement to buy 3Par, Inc.
8/30/10 8K re: Board authorizing add'l $10 bil for share repurchases
8/23/10 8K re: proposal to buy 3Par for $24 per share cash
8/19/10 8K re: reporting 3Q results
8/6/10 8K re: resignation of Mark V. Hurd as chairman, CEO, Pres
8/2/10 8K re: settleemnt with US Dept. of Justice re: Rille Complaint
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.

Home Depot HD: 9/10/10 re: sale of 3.95% Sr. Note due '20 & 5.4% Sr. Notes due '40
9/2/10 10Q
8/17/10 8K re: 2Q results 8/1/10
6/3/10 10Q
5/25/10 8K re: voting results from 5/20/10 annual meeting of shareholders.

Intel INTC: 8/30/10 8K re: acquisition of Infineion's Wireless Business for $1.4 bil to close 1Q '11
8/27/10 8K re: lower expectations for 3Q result
8/19/10 8K re; transcript of conference call announcing acquisition of McAfee, Inc.
8/4/10 8K re: antitrust settlement with US Dept. of Justice
7/30/10 10Q 2Q 6/26/10
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: 8/31/10 8K re: FD disclosure re:change in reporting operating income
8/4/10 8K re: issuance of $1.5 bil of debt
7/27/10 10Q 2Q 6/30/10
7/20/10 8K re: 2Q earnings presentation.
7/19/10 8K re: 2Q results ending 6/30/10.

JPMorganChase JPM: 8/6/10 10Q 2Q 6/30/10
7/22/10 8K re: completion of public offering of debt issues.

Johnson & Johnson JNJ : 8/18/10 8K: re: offer of 2.95% Notes due '20 & 4.5% Notes due '40
8/11/10 10Q 2Q 7/4/10
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.

Kraft KFT: 8/19/10 10Q/A amended prior 10Q
8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting

McDonalds MCD: 9/10/10 8K re: global sales in Aug. up 4.9%
8/10/10 8K re: July and end of year sale statistics
8/5/10 10Q 2Q 6/30/10
7/23/10 8K re: 2Q results ending 6/30/10
6/9/10 8K re: year to date sales figures
/24/10 8K re: voting results of 5/20/10 annual shareholders' meeting

Merck MRK: 9/7/10 8K re: arbitration re: Meck's rights to distribute Remicade & Simponi based on agreements from Merck's acquisition of Schering-Plough
8/6/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
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.

Microsoft MSFT: 7/30/10 10K year ended 6/30/10
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: 8/12/10 10Q 2Q 7/4/10
8/3/10 8K re: 2Q results
5/26/10 8K re: retirement of Dr. Martin Mackay, Sr. VP & Pres, Pharma Therapeutics R&D of Pfizer Inc.

Procter & Gamble PG: 8/27/10 Proxy Stmt re: Annual Sahreholder Meeting to be held Tues. 10/12/10 at 9:00 am in Cincinnati, Ohio
8/13/10 10K year ended 6/30/10
8/3/10 8K re: exec comp plans
8/3/10 8K re: 4Q and year end results
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.

3M MMM: 8/30/10 8K re: acquisition of Cogent Inc. for $10.50 per share or $943 mil.
8/4/10 10Q 2Q 6/30/10
7/22/10 8K re: 2Q results
6/28/10 8K re: projected sales range for 2Q '10.

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: 8/31/10 8K re: dedemption of 6.35% Notes due '11
8/19/10 8K re: deaprture of EVP Ari Bousbib to become CEO of IMS Health
7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results

Verizon Communications Inc. VZ: 9/10/10 8K re: reclassification of results due to spin off of assets as a result of Alltel acquisition
7/29/10 10Q 2Q 6/30/10
7/27/10 8K re: 2Q results
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.

WalMart WMT: 9/1/10 10Q
8/17/10 8K re: 2Q results 7/31/10
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.