9/16/10 Thurs pm Dow Closes 10,594.83 up 22.1 or 0.21%

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Post No. 642 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.

The Dow Jones Industrial Average closed Thursday at 10,572.73 up 46.2 or 0.44% from Wednesday's close of 10,572.73. Of the 30 Dow Companies: 13 gained, Procter & Gamble was unchanged and 16 declined. The biggest gainer dollar-wise was Hewlett-Packard HPQ $40.35 +0.73 1.84% 23,285,103 NYSE and percentage-wise was NYSE. The biggest decliner dollar-wise was Kraft KFT $31.4 -0.185 0.59% 9,905,308 NYSE and percentage-wise was Alcoa AA $11.26 -0.17 1.49% 28,498,100 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 14.26 up from Wednesday's 14.20 (year ago it was 15.80) the P/E estimate is 12.53 unchanged from Tuesday's 12.53 (year ago it was 15.35) and the current dividend yield is 2.67 down from Wednesday's 2.68 (it was 2.89 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 1,399.88 up 1.92 from Wednesday's closing numerator of 1,396.96. 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 1.92 for Thursday by the divisor (0.132129493) you get the increase in Thursday's Dow of 22.1. 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 $46.66 up 0.09 from Wednesday's Dow Jones Industrial Average average closing price of $46.57. The median closing price of Thursday's Dow Jones Industrial Average was $40.96 (JPM/AXP) up 0.05 from Wednesday's Dow Jones median price of 40.91. The lowest volume was 3M MMM $84. 95 +0.37 0.44% 2,426,934 NYSE and the highest volume again was Bank of America BAC $13.55 -0.16 1.17% 120,300,137 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 made $291 ($139,988 - 139,697).

MarketWatch 9/16/10 Thursday 4:52 pm by Kristina Peterson says technology companies boosted U.S. blue-chip stocks to a narrow gain Thursday, as confidence mounted that the economy would avoid a double-dip recession. The Dow Jones Industrial Average closed up 22.10 points, or 0.21%, at 10594.83, its highest close since Aug. 10. Technology stocks led the climb, as investors gained faith that the economic recovery is slowing but not headed toward a second slump. Leading the Dow Industrials' climb, Hewlett-Packard rose 73 cents, or 1.8%, to 40.35, while Cisco Systems gained 34 cents, or 1.6%, to 21.93 and Intel added 25 cents, or 1.3%, to 18.97. "It seems like we priced in too much of a double dip, and it's not coming to pass as bad as people anticipated," said Patrick Becker, Jr., principal at Becker Capital Management. The Standard & Poor's 500-stock index slipped 0.41, or 0.04%, to 1124.66. The Nasdaq Composite edged up 1.93, or 0.08%, to 2303.25. While all the benchmark indexes have surged this month, the Nasdaq has outpaced its peers. The measure has climbed 8.95% since the start of September as fears of a double-dip recession have relaxed. The Nasdaq has climbed for seven straight sessions, its longest streak since the seven-day run that ended July 14.
"Technology just got walloped, and many of the value-oriented tech names really underperformed in the first half of the year," Becker said. "You do have a valuation bounce occurring in those names." Meanwhile, the DJIA has gained 5.79% this month, while the S&P 500 has added 7.18%. Still, recent muddy economic data have left investors hesitant about the rally's sustainability and kept trading confined to a narrow range. As concerns over the economy have loosened their grip, anxiety rose Thursday over U.S. lawmakers' aggressive stance on China's exchange-rate policy and the potential to strain relations with China. Industrials weakened, weighed by a drop in FedEx. The shipping giant fell 3.22, or 3.8%, to 82.72, after its fiscal first-quarter profit more than doubled on a rise in revenue, but the company forecast second-quarter earnings below analysts' average estimate. The company also said it will combine its FedEx Freight and FedEx National LTL operations at the end of January, as it cuts 1,700 full-time employees and closes 100 facilities.
"Their profit doubled, but they're going to cut 1,700 jobs," noted Brian Peardon, wealth advisor at Harrison Financial Group. "It's just the story that's been resonating amongst a lot of companies this year." Shipping peer United Parcel Service also weakened, shedding 94 cents, or 1.4%, to 66.72. Meanwhile, Ford Motor jumped 57 cents, or 4.8%, to 12.44, after the car maker was upgraded to "overweight" from "equal weight" by Barclays Capital, which said the North American market will sustain strong margins.

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


AT&T T $28.11 +0.10 0.36% 21,133,704 NYSE
Alcoa AA $11.26 -0.17 1.49% 28,498,100 NYSE
AXP $40.96 +0.11 0.27% 7,174,735 NYSE
Bank of America BAC $13.55 -0.16 1.17% 120,300,137 NYSE
BA $62.58 -0.15 0.24% 4,386,078 NYSE
CAT $72 -0.13 0.18% 6,219,699 NYSE
CVX $79.05 -0.16 0.2% 6,897,186 NYSE
CSCO $21.93 +0.34 1.57% 47,496,407 NASDAQ-GS
KO $57.51 +0.09 0.16% 7,979,623 NYSE
DIS $34.17 -0.04 0.12% 7,285,303 NYSE
DD $43.38 +0.45 1.05% 4,894,755 NYSE
XOM $60.97 -0.03 0.05% 16,416,095 NYSE
GE $16.23 -0.11 0.67% 47,019,129 NYSE
Hewlett-Packard HPQ $40.35 +0.73 1.84% 23,285,103 NYSE
HD $29.95 +0.01 0.03% 9,348,514 NYSE
INTC $18.97 +0.25 1.34% 68,880,317 NASDAQ-GS
IBM $129.67 +0.24 0.19% 4,676,252 NYSE
JPM $40.99 +0.01 0.02% 25,148,010 NYSE
JNJ $61.29 +0.24 0.39% 10,156,630 NYSE
Kraft KFT $31.4 -0.185 0.59% 9,905,308 NYSE
MCD $74.8 +0.09 0.12% 5,070,388 NYSE
MRK $36.43 -0.08 0.22% 9,078,556 NYSE
MSFT $25.33 +0.215 0.86% 44,344,962 NASDAQ-GS
PFE $17.165 -0.1075 0.62% 38,693,613 NYSE
PG $61.11 unch unch 7,637,460 NYSE
MMM $84.95 +0.37 0.44% 2,426,934 NYSE
TRV $52.7 +0.21 0.4% 5,763,503 NYSE
UTX $68.53 +0.26 0.38% 2,798,621 NYSE
VZ $31.42 +0.23 0.74% 16,006,487 DualListed
WMT $53.15 +0.29 0.55% 10,718,127 NYSE
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The following are excerpts from Thurs. am Blog.

A read of Thursday's Wall St. Journal, Financial Times, Investor's Business Dailey, 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 Wednesday's stock prices and related data.

Dow:The Dow Jones Industrial Average closed Wednesday at 10,572.73 up 46.2 or 0.44% from Tuesday's close of 10,526.49. For the year the Dow is up 1.42%. Of the 30 Dow Companies: 20 gained and 10 declined. The biggest gainer dollar-wise was IBM $129.43 +0.58 0.45% 4,761,857 NYSE and percentage-wise was Kraft KFT $31.585 +0.535 1.72% 10,633,149 NYSE. The biggest decliner dollar-wise was Chevron CVX $79.21 -0.30 0.38% 7,234,030 NYSE and percentage-wise was Aloca AA $11.43 -0.06 0.52% 18,971,580 NYSE.

WSJ pC5 "McKesson and Kraft advance" by Donna Yesalavich says stocks rose as encouraging forecasts from Kraft and Mckesson boosted investors' expectations of how the corp. sector is faring in the weak economy. Kraft was among the Dow's best performer as it said it expects sales from its chocolate business to jump to $10 bil by '13.

Fin Times p26 ""Upbeat Kraft whets appetites with tasty rev forecast" by Hannah Kuchler says US stocks nudged up after gains for the health care & consumer staples sectors outweighed concerns about a slowdown in manufacturing growth in the NY region.

Inv. Bus. Daily pA1 "Stocks add to gains in quiet session" by Paul Whitfield says stocks tacked on moderate gains WEd as the market fought back from an early sell off.

NYT pB14 "Wall St's Sept rally continues" by AP says stocks overcame an early slide Wed and closed higher as investors kept a Sept. rally alive.

USA Today p4B "Stocks dip but finish the day higher" by Stephen Bernard says stocks overcame an early slide Wed and closed higher as investors tried to keep a Sept rally alive. Kraft maker of Nabisco and Maxwell House, rose after saying earnigns would rise between 9 and 11% in the next 3 years, thanks to growth in developing markets. Shares rose 54 cents and earlier hit a high for the year.

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 14.26 up from Wednesday's 14.20 (year ago it was 15.80) the P/E estimate is 12.53 unchanged from Tuesday's 12.53 (year ago it was 15.35) and the current dividend yield is 2.67 down from Wednesday's 2.68 (it was 2.89 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 1,396.96 up 6.10 from Tuesday's closing numerator of 1,390.86. 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 6.10 for Wednesday by the divisor (0.132129493) you get the increase in Wednesday's Dow of 46.2. 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 $46.57 up 0.21 from Tuesday's Dow Jones Industrial Average average closing price of $46.36. The median closing price of Wednesday's Dow Jones Industrial Average was $40.91 (JPM/AXP) up 0.36 from Tuesday's Dow Jones median price of 41.55. The lowest volume was 3M MMM $83.58 -0.05 0.06% 2,175,835 NYSE and the highest volume again was Bank of America BAC $13.71 +0.03 0.22% 134,073,813 NYSE.

If Wednesday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $611 ($139,697 - $139,086).

MarketWatch 9/15/10 Tuesday 4:36 pm by Kate Gibson says U.S. stocks resumed their September advance on Wednesday, after Japan’s intervention to sell yens boosted the dollar while doing little to stem the return of risk taking in markets since early September. “Technically it remains a lot of chop trade with an upside bias,” said John Brady, a senior vice president at MF Global. “With dividends at 68 companies higher than 3.8%, the yield of the 30-year bond, equities remain attractive,” Brady added. The Dow Jones Industrial Average (DJIA 10,573, +46.32, +0.44%) rose 46.24 points to 10,572.73. Twenty-three of its 30 components gained, led by insurer Travelers Companies Inc. (TRV 52.57, +0.08, +0.15%) , up 2.8%. Hewlett-Packard Co. (HPQ 39.66, +0.04, +0.10%) climbed 0.8% one day after Cisco Systems Inc. (CSCO 21.65, +0.06, +0.28%) announced its first dividend. (TRV 52.57, +0.08, +0.15%)
The Standard & Poor’s 500 Index (SPX 1,125, +3.97, +0.35%) gained 3.97 points, or 0.4%, to 1,125.07, with utilities and energy the biggest weights among its 10 sectors. “We may be setting up for another potential run at 1,125 on the S&P 500,” said Paul Nolte, managing director at Dearborn Partners. The Nasdaq Composite Index (COMP 2,301, +11.55, +0.50%) added 11.55 points to 2,301.32. More than eight shares advanced for every seven falling on the New York Stock Exchange, where a paltry 901 million shares traded. Yen intervention throws markets for a loopJapan intervenes in the currency market to stem the rise of the yen, roiling markets. “The summer malaise has turned into the fall malaise, and investors as a whole don’t seem too excited about the markets,” said Nolte, who noted trading volume remains light, even with the Labor Day holiday now over. Japan’s currency intervention came after the yen climbed to a 15-year high against the U.S. dollar, with the Tokyo government moving to protect the nation’s economic recovery. The dollar jumped 3.2% to 85.69 yen. The U.S. dollar index (DXY 81.44, +0.36, +0.45%) , which contrasts the greenback against half a dozen currency rivals, gained 0.5%. Read Currencies for more on dollar, yen. Wall Street began the session lower after a gauge of manufacturing in the New York region proved moderately disappointing. A second report showed U.S. industrial production rising 0.2% in August, scaling back from a 0.6% increase in July. Read more on industrial production.

Wednesday's Dow Closing Numbers:

AT&T T $28.01 +0.08 0.29% 18,787,115 NYSE: WSJ pB7 "Enerprise dispatch" by Sarah Needleman says a new web portal dubbed Supplier Connection allows vendors to submit just one application to become eligible for small businesses to bid on contracts for participating firms which include IBM, AT&T, Bank of America, Citigroup, Pfizer & UPS.

Aloca AA $11.43 -0.06 0.52% 18,971,580 NYSE: No mentions found.

Amex AXP $40.85 +0.47 1.16% 7,949,872 NYSE: No mentions found.

Bank of America BAC $13.71 +0.03 0.22% 134,073,813 NYSE: WSJ pC1 'JPMorgan wrestles Web snarl" by Dan Fitzpatrick says JPMorgan Chase struggled Wed to restore electronic access to its online banking service, marking the 3rd straight day of Internet interruptions for the nation's 2nd largest bank by assets. Several banks have had service disruptions this year including Bank of America and Wells Fargo without more impact than temporary inconvenience.

WSJ pB7 "Enerprise dispatch" by Sarah Needleman says a new web portal dubbed Supplier Connection allows vendors to submit just one application to become eligible for small businesses to bid on contracts for participating firms which include IBM, AT&T, Bank of America, Citigroup, Pfizer & UPS.

Boeing BA $62.73 -0.03 0.05% 4,922,708 NYSE: WSJ pB1 "Boeing received illegal aid WTO says" by John W. Miller,USA p1B "Billions in Boeing subsidies in question", Inv. Bus. Daily pA1 "STO Says Boeing got subsidies", AJC pA14 "Trade corut says Boeing broke rules" say the Wrold Trade Organiz. ruled in a prelim. finding that Boeing received illegal subsidies from the US gov to the detriment of European aircraft maker Airbus. Some funding provided by the Dept of Defense & NASA were illegal subsidies. The EU convinced the WTO that Airbus suffered adverse effects from the subsidies which were more than $16 bil but it is unclear how much of that was illegal. The subsidies covered '89 to '04.

AJC pA15 "Boeing jjoins dal for space flights" by Joshua Freed, AP says Boeing and a space tourism firm will sell tickets on rocket rides to the Int'l Space Station. Boeing will build a spaceship. The last passenger for Space Adventures Ltd, which has been selling seats for the Soyuz spaceship, was Cirque du Doleil founder Guy Laliberte who paid $35 mil for a 10 day trip.

WSJ pB8 "Boeing Dreamliner testplane grounded on engine surge" by Pete Sanders says an engine surge on a 787 Dreamliner test plane forced it to ground the jet while it waited for a replacement engine.

WSJ pB8 "Southwest flight attendants endorse 737-800s addition" says Wouthwest's flight attendants union unanimously approved a plan to add 737-800s to its fleet.

Caterpillar CAT $72.13 +0.30 0.42% 5,503,769 NYSE: No mentions found.

Chevron CVX $79.21 -0.30 0.38% 7,234,030 NYSE: WSJ pB3 "Chevron nears China LNG deal" by Shai Oster says Chevron is close to an initial deal with China nat'l Petroleum to import natural gas from Australia, in the industry's latest bet taht growing demand from China will justify multibillion dollar projects aimed at tapping and transporting new gas supplies.

CSCO $21.59 +0.14 0.65% 60,869,803 NASDAQ-GS: Inv. Bus Daily pB3 "Cisco will pay first dividend" by Patrick Cain, Fin Times p14 "Tech cash piles" says Cisco, whose cash hoard is nearly a fifth of its market value, announced on Tues that it might start paying a dividend near year. Microsoft might borrow $5 bil and pay it out to shareholders. Stocks that pay dividends do better with their share price than those that don't pay over the long run.

Coke KO $57.42 -0.17 0.3% 8,696,333 NYSE: WSJ pB9 "Brands recover, with some casualties" by Suzanne Vranica says as the economy begins to mend, brands are making a comeback. Interbrand a branding firm owned by Omnicom has released its annual list of the top global brands but GM and Proctor & Gamble didn't make the list because the ranking ranks the strength of brands, not portfolios of brands. Coca-Cola retained the No. 1 spot it has held for the past 11 years, and IBM, Microsoft, Google and GE rounded out the top five. JP Morgan was one of the top 5 gainers.

DIS $34.21 +0.16 0.47% 6,989,326 NYSE: No mentions found.

DuPOnt DD $42.93 +0.26 0.61% 5,405,795 NYSE: No mentions found.

exxon XOM $61 -0.01 0.02% 18,768,783 NYSE: No mentions found.

GE $16.34 +0.18 1.11% 67,368,988 NYSE: WSJ pB9 "Brands recover, with some casualties" by Suzanne Vranica says as the economy begins to mend, brands are making a comeback. Interbrand a branding firm owned by Omnicom has released its annual list of the top global brands but GM and Proctor & Gamble didn't make the list because the ranking ranks the strength of brands, not portfolios of brands. Coca-Cola retained the No. 1 spot it has held for the past 11 years, and IBM, Microsoft, Google and GE rounded out the top five. JP Morgan was one of the top 5 gainers.

Hewlett-Pac HPQ $39.62 +0.33 0.84% 24,071,931 NYSE: Inv. Bus. Daily pA4 "HP's R&d spending at issue after cutbacks by Ex-CEO" by J. Bonasia says Hewlett-Packard spent just 2.5% of net sales on R&D last year while IBM spent 6.1%.

Home De HD $29.94 -0.03 0.1% 9,800,632 NYSE: AJC pA13 "Home Depot and UPS give expertise in disaste relief" by Arielle Kass says UPS' logistical skills & Home Depot's supplies give aid worldwide when crisis hits.

Intel INTC $18.72 -0.02 0.11% 56,050,113 NASDAQ-GS: No mentions found.

IBM $129.43 +0.58 0.45% 4,761,857 NYSE: WSJ pB7 "Enerprise dispatch" by Sarah Needleman says a new web portal dubbed Supplier Connection allows vendors to submit just one application to become eligible for small businesses to bid on contracts for participating firms which include IBM, AT&T, Bank of America, Citigroup, Pfizer & UPS.

Inv. Bus. Daily pA4 "HP's R&d spending at issue after cutbacks by Ex-CEO" by J. Bonasia says Hewlett-Packard spent just 2.5% of net sales on R&D last year while IBM spent 6.1%.

JPMorgan JPM $40.98 +0.26 0.64% 24,747,201 NYSE: WSJ pC1 'JPMorgan wrestles Web snarl" by Dan Fitzpatrick says JPMorgan Chase struggled Wed to restore electronic access to its online banking service, marking the 3rd straight day of Internet interruptions for the nation's 2nd largest bank by assets. Several banks have had service disruptions this year including Bank of America and Wells Fargo without more impact than temporary inconvenience.

WSJ pB9 "Brands recover, with some casualties" by Suzanne Vranica says as the economy begins to mend, brands are making a comeback. Interbrand a branding firm owned by Omnicom has released its annual list of the top global brands but GM and Procreate & Gamble didn't make the list because the ranking ranks the strength of brands, not portfolios of brands. Coca-Cola retained the No. 1 spot it has held for the past 11 years, and IBM, Microsoft, Google and GE rounded out the top five. JP Morgan was one of the top 5 gainers.

JNJ $61.05 +0.47 0.78% 9,086,727 NYSE: No mentions found.

Kraft KFT $31.585 +0.535 1.72% 10,633,149 NYSE: Inv. Bus. Daily pA2 "Kraft sees sales growth overseas" says earnings would rise between 9 and 11% in the next 3 years, thanks to growth in developing markets.

USA Today p4B "Stocks dip but finish the day higher" by Stephen Bernard says stocks overcame an early slide Wed and closed higher as investors tried to keep a Sept rally alive. Kraft maker of Nabisco and Maxwell House, rose after saying earnings would rise between 9 and 11% in the next 3 years, thanks to growth in developing markets. Shares rose 54 cents and earlier hit a high for the year.

WSJ pC5 "McKesson and Kraft advance" by Donna Yesalavich says stocks rose as encouraging forecasts from Kraft and Mckesson boosted investors' expectations of how the corp. sector is faring in the weak economy. Kraft was among the Dow's best performer as it said it expects sales from its chocolate business to jump to $10 bil by '13.

Fin Times p26 ""Upbeat Kraft whets appetites with tasty rev forecast" by Hannah Kuchler says US stocks nudged up after gains for the health care & consumer staples sectors outweighed concerns about a slowdown in manufacturing growth in the NY region.

MCD $74.71 +0.77 1.04% 4,529,781 NYSE: No mentions found.

MRK $36.51 -0.01 0.03% 11,176,190 NYSE: No mentions found.

MSFT $25.115 +0.085 0.34% 56,049,462 NASDAQ-GS: USA p3B "Internet Explorer 9 recaptures its panache" by Edward Baig, Inv. Bus. Daily pA1 & pA4 "Microsoft revamps Web Browser, AJC pA13 "New Microsoft browser is swifter" by AP says Microsoft unveiled the beta version of Internet Explorer 9 as the first of a new generation of Web browser programs that tap into the powerful processors on board newer computers. IE9 is free.

WSJ pB6 "Microsoft bullish on Kinect" by Juro Osawa says Microsoft is targeting bglobal sales of more than 3 mil units of its new Kinect motion sensor gaming accessory for its Xbox 360 console in the first 2 months after the Nov. 4 US launch.

WSJ pB9 "Brands recover, with some casualties" by Suzanne Vranica says as the economy begins to mend, brands are making a comeback. Interbrand a branding firm owned by Omnicom has released its annual list of the top global brands but GM and Procreate & Gamble didn't make the list because the ranking ranks the strength of brands, not portfolios of brands. Coca-Cola retained the No. 1 spot it has held for the past 11 years, and IBM, Microsoft, Google and GE rounded out the top five. JP Morgan was one of the top 5 gainers.

Fin Times p14 "Tech cash piles" says Cisco, whose cash hoard is nearly a fifth of its market value, announced on Tues that it might start paying a dividend near year. Microsoft might borrow $5 bil and pay it out to shareholders. Stocks that pay dividends do better with their share price than those that don't pay over the long run.

Pfizer PFE $17.2725 +0.1925 1.13% 54,275,373 NYSE: WSJ pB7 "Enerprise dispatch" by Sarah Needleman says a new web portal dubbed Supplier Connection allows vendors to submit just one application to become eligible for small businesses to bid on contracts for participating firms which include IBM, AT&T, Bank of America, Citigroup, Pfizer & UPS.

Procter & Gam PG $61.11 +0.47 0.78% 9,184,463 NYSE: WSJ pB9 "Brands recover, with some casualties" by Suzanne Vranica says as the economy begins to mend, brands are making a comeback. Interbrand a branding firm owned by Omnicom has released its annual list of the top global brands but GM and Proctor & Gamble didn't make the list because the ranking ranks the strength of brands, not portfolios of brands. Coca-Cola retained the No. 1 spot it has held for the past 11 years, and IBM, Microsoft, Google and GE rounded out the top five. JP Morgan was one of the top 5 gainers.

MMM $84.58 -0.05 0.06% 2,175,835 NYSE: No mentions found.

TRV $52.49 +1.47 2.88% 8,112,270 NYSE: No mentions found.

United Tech UTX $68.27 -0.45 0.65% 3,686,447 NYSE: No mentions found.

VZ $31.19 +0.28 0.91% 15,489,034 Dual Listed: WSJ pB5 "Verizon succession clears up" by Shayndi Raice says Verizon's CFO's John Killian's surprise decision to retire leaves the firm's wireless chief, Lowell McAdam, as the most likely internal candidate to succeed CEO Ivan Seidenberg.

WMT $52.86 +0.20 0.38% 10,196,271 NYSE: AJC pA14 "Basics to be in good supply, Walmart says" says Walmurt are ensuring it has basics like socks and underwear as the new CEO of Walmart's US business aims to reverse 5 quarters of declining revenues.

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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.