9/19/10 Sun/Sat Barron's Likes McDonald's Steady Dividend

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Post No. 646 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 Sun. & Sat. New York Times, Saturday's Wall St. Journal & Financial Times, 9/20/10 issue of Barron's, 9/17 -23/10 Atlanta Business Chronicle & Sat. & Sun's Atlanta Journal Constitution 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 Friday's stock prices and related data.

Dow:The Dow Jones Industrial Average closed Friday at 10,572.73 up 46.2 or 0.44% from Thursday's close of 10,572.73. For the week the Dow is up 145.08 or 1.39% from last Friday's close of 10,462.77. For the year the Dow is up 2.05%. Of the 30 Dow Companies: 13 gained and 17 declined. The biggest gainer dollar-wise and percentage-wise was Caterpillar CAT $73.18 +1.18 1.64% 11,302,247 NYSE. The biggest decliner dollar-wise and percentage-wise was Hewlett-Packard HPQ $39.14 -1.21 3% 35,299,502 NYSE.

WSJ pB2 "Tech firms lift stocks" by Kristina Peterson says stocks climbed narrowly into positive territory, as tech firms added to the week's modest gains. Fin'l stocks lagged behind as concerns circulated over the health of the European banking system and global currency exchange rate tensions. JPMorgan fell 93 cents as the bank continued to struggle with the fallout from problems with its banking website. Bank of America lost 15 cents.

Fin Times p16 "Indices run out of steam despite impetus from techs" by Hannah Kuchler says better than expected earnings from tech firms Research in Motion & Oracle failed to push the US stock market indices out of their summer trading range.

Sat. NYT pB7 "Slight rise in shares as signals are mixed" by Ap says stocks gave up most of their gains for the day to end slightly higher on Fri, extending a 2 week rally that has slowed in recent days.

As of the close of the market Friday, the current divisor for the Dow Jones Industrial Average found at page B4 of today's Wall St. Journal is 0.132129493, the trailing P/E ratio is 14.31 up from Friday's 14.29 (year ago it was 15.84) the P/E estimate is 12.76 unchanged from Friday's 12.53 (year ago it was 15.71) and the current dividend yield is 2.66 unchanged from Friday's 2.66 (it was 2.87 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 1,401.60 up 1.72 from Friday's closing numerator of 1,399.88. 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 1.72 for Friday by the divisor (0.132129493) you get the increase in Friday's Dow of 13. 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 $46.72 up 0.06 from Thursday's Dow Jones Industrial Average average closing price of $46.66. The median closing price of Thursday's Dow Jones Industrial Average was $40.36 (JPM/AXP) down 0.60 from Thursday's Dow Jones median price of 40.96. The lowest volume was 3M MMM $86.07 +1.12 1.32% 5,932,850 NYSE and the highest volume again was Bank of America BAC $13.4 -0.15 1.11% 132,138,754 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 made $172 ($140,160 - $139,988).

MarketWatch 9/17/10 Friday 5:05 pm by Kristina Peterson & Jonathan Cheng says U.S. stocks climbed narrowly into positive territory on Friday, as technology companies added to the week's modest gains. The Dow Jones Industrial Average (DJIA 10,608, +13.10, +0.12%) rose 13.02 points, or 0.12%, to 10,607.85 on Friday. The measure climbed for a third straight week, adding 1.4% in the past week. The Standard & Poor's 500-share index (SPX 1,126, +0.93, +0.08%) gained 0.93 point, or 0.08%, to 1,125.59. The S&P 500 closed up for a third consecutive week, rising 1.45%. But the technology-heavy Nasdaq Composite (COMP 2,316, +12.36, +0.54%) was the best performer, rising for eight straight days and outperforming both blue chips and the broader market. The Nasdaq gained 12.36, or 0.54%, to 2,315.61 on Friday, and climbed 3.26% over the week, as ebbing fears of a double-dip recession and encouraging earnings lifted technology stocks. Research In Motion Ltd. (RIMM 46.54, -0.18, -0.39%) (CA:RIM 47.78, +0.08, +0.17%) shares rose 0.5% after the BlackBerry maker posted a surge in its fiscal second-quarter profit and revenue, though it added fewer new subscribers than it had expected. Oracle Corp. (ORCL 27.47, -0.01, -0.04%) shares jumped 8.4% after the business-software maker said its fiscal first-quarter profit grew 20% as the company benefited from new revenue from its Sun Microsystems acquisition, as well as strong demand for software licenses. Texas Instruments (TXI 32.19, +0.01, +0.02%) shares climbed or 3%, to 25.72, after the chipmaker said it plans to buy back $7.5 billion worth of its shares and would raise its quarterly dividend by 8%.While the large-cap indexes have surged in September, much of that gain came early in the month. This week's gains were slim, as investors continued to buy safe-haven assets including Treasurys and gold. "We're still struggling on a daily basis on: are we up or down for the year?" noted Julius Ridgway, investment adviser at Medley & Brown. The Dow is currently up 1.72% for the year; the S&P 500 is up 0.94% since Dec. 31. "Before we break out to new highs, you're going to have to see a compelling reason and in the absence of a compelling reason, you'll see choppy markets," he said. Financials lagged Friday as concerns circulated over the health of the European banking system and global currency-exchange rate tensions. J.P. Morgan Chase & Co. /(JPM 40.08, +0.02, +0.05%) led financial stocks lower, falling 2.3% as the bank continued to struggle with the fallout from problems with its banking website. Bank of America (BAC 13.39, -0.01, -0.08%) shed 1.1%, while Morgan Stanley (MS 26.50, +0.03, +0.11%) lost 1.2%. In U.S. economic data, a Reuters/University of Michigan survey of consumer sentiment came in below economists’ expectations and declined from the previous month. The data came as a rude surprise to investors whose optimism had been slowly mounting this month. “The fact that sentiment and optimism were so high in the near term is probably a headwind until we get better economic data or sentiment backs off,” said Mike O’Rourke, chief market strategist at institutional broker BTIG. The U.S. dollar strengthened against both the euro and the yen. The euro (EURUSD 1.3045, -0.0031, -0.2371%) was trading recently at $1.304551, down from $1.3085 late Thursday in New York. Crude-oil prices declined.

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

AT&T T $28.17 +0.06 0.21% 30,953,025 NYSE: WSJ pB5 "New Microsoft phone software to launch only on GSM devices" by Nick Wingfield says its oeprating system for smartphones initially won't be available on handsets compatible with the cellular tech used by carriers that include Verizon Wireless and Sprint Nextel. The new operating system, Windows Phone 7, will work only with cellular networks based on a technology called GSM which is the basis of US networks operated by AT&T, T-Mobile USA and in Europe. AT&T will carry 3 devices runing on the new Windows Phone 7 when it debuts in the US. This mean Microsoft won't offer an alternative to phones running Google's Android operating on Verizon. In the US Apple's iPHone is currently only available on AT&T's GSM network.

Alcoa AA $11.1715 -0.0885 0.79% 22,681,128 NYSE: No mentions found.

Amex AXP $41.37 +0.41 1% 29,050,839 NYSE: Barron's pM39 "Components fo the Barron's 400 include the following Dow components: 3M, American Express, Chevron, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart. Related story at Barron's p18 Setting the standard" by Michael Santoli says that the Barron's 400 based on criteria that stress both value and growth, has beaten most other major indexes since its inception. This year Procter & Gamble was ousted.

Bank of America BAC $13.4 -0.15 1.11% 132,138,754 NYSE: Sun NYT Bus p4 "Big banking, sourthern style" by Harry Hurt reviews Banktown by Rick Rothacker which tells the story of how Charlotte, N.C. became the home of 2 of the nation's biggest banks: Bank of America and Wachovia.

WSJ pB2 "Tech firms lift stocks" by Kristina Peterson says stocks climbed narrowly into positive territory, as tech firms added to the week's modest gains. Fin'l stocks lagged behind as concerns circulated over the health of the European banking system and global currency exchange rate tensions. JPMorgan fell 93 cents as the bank continued to struggle with the fallout from problems with its banking website. Bank of America lost 15 cents.

WSJ pB7 "New banking fees" says Bank of America will raise account minimums and charge fees when balances go below to ofset rev from new overdraft regs and BofA will close branches to reduce costs.

Boeing BA $62.95 +0.37 0.59% 10,639,887 NYSE: Barron's "Week in in Review" says Boeing was found by he WTO in a prelim. ruling to have gotten illegal subidies from the US gov.

AJC pA9 "Russians signs $3.7 bil deal for 50 Boeing 737s" says the 737s will be leased to Aeroflot.

Caterpillar CAT $73.18 +1.18 1.64% 11,302,247 NYSE: AJC pA9 "Caterpillar sales surge across the globe" syas CAT said its machine sales in Aug rose 37% led by surging sales in Latin & N. America which highlights a shift in the world's appetite for construction & mining equipment. Sales slowed in Asia, surged in Latin Amer and picked up slightly in US and Canada.

Chevron CVX $78.46 -0.59 0.75% 12,276,556 NYSE: Barron's pM39 "Components fo the Barron's 400 include the following Dow components: 3M, American Express, Chevron, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

AJC pA9 "Plaintiffs up damages in Chevron Ecuador case" says the suit re: oil contamination n the jungle sees the plaintiffs raising the damages to over $40 bil

Cisco CSCO $21.8625 -0.0675 0.31% 54,158,146 NASDAQ-GS: Barron's pM39 "Components fo the Barron's 400 include the following Dow components: 3M, American Express, Chevron, Cisco, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

Barron's p35 "Cash rick, payout poor"by Shirley Lazo says Cisco's $39.9 bil of cash at 6/30 was the biggest in the info tech sector representing 33.8% of its market cap and that is why Cisco said it will pay a dividend during fiscal '11 ending 7/30.

Barron's p29 "The trillion dollar challenge" by Eric Savitz Cisco's CEO John Chambers is tring to get the US gov to change the rules about taxing overseeing income.

Coke KO $57.56 +0.05 0.09% 9,927,327 NYSE: Sun AJC pD1 "Coke zero equals big bucks" by Jeremiah McWilliams says this diet drink has lured resistant young males with name and marketing overtures.

Sun AJC pD2 "BP, Toyota brands take a hit; Coke still No. 1" by AP lists the worlds top 10 brands: 1. Coca-Cola, 2. IBM, 3. Microsoft, 4. Google, 5. GE, 6 McDonald's, 7 Intel, 8. Nokia, 9. Disney and 10. HP.

Sat. AJC pA9 "Coca-Cola tops list of world's best brands" by Jeremiah McWilliams says the the 11th straight year Coca-Cola is first on Interbrand's list of the world's best brands, IBM Microsoft, Google, GE, McDonald's and Intel were high on the list. Pepsi was No. 23 and Coke's brand Sprite was No. 61.

Fin Times p19 "The Coke Machine" is a review of this book. The book is by Michael Blanding and the reviewer is Jonathan Gibbs who says that Coke's domination fo the markets looks less like a triumph of advertising and more like a symptom of the dark side of globalization.

Sat AJC pA9 "Coke Zero to have tie in with Iron Legacy film" says the the movie is a sci-fi movie set for a Dec. release.

Disney DIS $34.56 +0.39 1.14% 18,938,933 NYSE: Sun AJC pD2 "BP, Toyota brands take a hit; Coke still No. 1" by AP lists the worlds top 10 brands: 1. Coca-Cola, 2. IBM, 3. Microsoft, 4. Google, 5. GE, 6 McDonald's, 7 Intel, 8. Nokia, 9. Disney and 10. HP.

DuPont DD $43.95 +0.57 1.31% 8,484,217 NYSE: Barron's pM39 "Components of the Barron's 400 include the following Dow components: 3M, American Express, Chevron, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

ExxonMobil XOM $60.78 -0.19 0.31% 26,318,344 NYSE: No mentions found.

GE $16.29 +0.06 0.37% 71,613,468 NYSE: WSJ pB9 "A new wrinkle in options" by jane Kim says there will now be weekly options instead of monthly options for 30 stocks such as Apple, GE and Microsoft.

Sun AJC pD2 "BP, Toyota brands take a hit; Coke still No. 1" by AP lists the worlds top 10 brands: 1. Coca-Cola, 2. IBM, 3. Microsoft, 4. Google, 5. GE, 6 McDonald's, 7 Intel, 8. Nokia, 9. Disney and 10. HP.

Sat. AJC pA9 "Coca-Cola tops list of world's best brands" by Jeremiah McWilliams says the the 11th straight year Coca-Cola is first on Interbrand's list of the world's best brands, IBM Microsoft, Google, GE, McDonald's and Intel were high on the list. Pepsi was No.. 23 and Coke's brand Sprite was No. 61.

Hewlett-Packard HPQ $39.14 -1.21 3% 35,299,502 NYSE: Barron's pM39 "Components of the Barron's 400 include the following Dow components: 3M, American Express, Chevron, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

Barron's p11 "Week Preview" says ex Hewlett-Packrd CEO and now co-pres of Oracle will speak at Oracle's customer trade show in San Fran on Mon 9/20.

Barron's p10 "Week in in Review" says HPQ will pay $1.5 bil for security firm ArcSight.

Sun AJC pD2 "BP, Toyota brands take a hit; Coke still No. 1" by AP lists the worlds top 10 brands: 1. Coca-Cola, 2. IBM, 3. Microsoft, 4. Google, 5. GE, 6 McDonald's, 7 Intel, 8. Nokia, 9. Disney and 10. HP.

Home Depot HD $29.89 -0.06 0.2% 12,972,180 NYSE: Barron's pM39 "Components of the Barron's 400 include the following Dow components: 3M, American Express, Chevron, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

Barron's "Luxury leveler: recession" says Home Depot topped the list of selected stores at which frugal affluent households have shopped recently with 84.1% shopping there.

Atlanta Business Chronicle p16A "Holyfield takes jab at BB&T, JPMorgan Chase" by Ben Smith says former heavyweight champ Evander Holyfield sued Branch Banking & Trust, JPMorgan Chase , Stewart Title Guaranty and others claiming that Washington Mutual wrongfully paid off a lien that BB&T had placed on his property before WaMu was bought by JPMorgan. Elsewhere in this column entitled "Financial Page" is a piece about Home Depot saying it has joined other large US companies in raising debt now that interest rates are low. ON Sept. 7 Home Depotsold $1 bil of notes through Banc of America Securities, JP Morgan Securities and M0rgan Stanley of which $500 mil was priced at 3.95% and $500 mil had a 5.4% coupon. Ben Smith is a veteran journalist who covered the financial beat for decades at the Atlanta Journal Constitution and then briefly wrote for the Daily Report (Ga). (Your blogger is quoted in another section of this article re: a recapitalization of Aaron's Inc.).

Intel INTC $18.81 -0.16 0.84% 70,063,896 NASDAQ-GS: Barron's pM39 "Components of the Barron's 400 include the following Dow components: 3M, American Express, Chevron, Cisco, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

Sun AJC pD2 "BP, Toyota brands take a hit; Coke still No. 1" by AP lists the worlds top 10 brands: 1. Coca-Cola, 2. IBM, 3. Microsoft, 4. Google, 5. GE, 6 McDonald's, 7 Intel, 8. Nokia, 9. Disney and 10. HP.

IBM $130.19 +0.52 0.4% 10,363,408 NYSE: Barron's pM39 "Components of the Barron's 400 include the following Dow components: 3M, American Express, Chevron, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

WSJ pB5 "Bharti Airtel & IBM strike deal in Africa" by Dhanya Thoppil says IBM and Bharti reached a deal whereby IBM will manage Bharti's tech operations in 16 African nations. The 10 year contract is worth $1 bil.

Sun AJC pD2 "BP, Toyota brands take a hit; Coke still No. 1" by AP lists the worlds top 10 brands: 1. Coca-Cola, 2. IBM, 3. Microsoft, 4. Google, 5. GE, 6 McDonald's, 7 Intel, 8. Nokia, 9. Disney and 10. HP.

Sat AJC pA9 "Coca-Cola tops list of world's best brands" by Jeremiah McWilliams says the the 11th straight year Coca-Cola is first on Interbrand's list of the world's best brands, IBM Microsoft, Google, GE, McDonald's and Intel were high on the list. Pepsi was No.. 23 and Coke's brand Sprite was No. 61.

JPMorgan JPM $40.06 -0.93 2.27% 45,788,438 NYSE: Atlanta Business Chronicle p16A "Holyfield takes jab at BB&T, JPMorgan Chase" by Ben Smith says former heavyweight champ Evander Holyfield sued Branch Banking & Trust, JPMorgan Chase , Stewart Title Guaranty and others claiming that Washington Mutual wrongfully paid off a lien that BB&T had placed on his property before WaMu was bought by JPMorgan. Elsewhere in this column entitled "Financial Page" is a piece about Home Depot saying it has joined other large US companies in raising debt now that interest rates are low. ON Sept. 7 Home Depotsold $1 bil of notes through Banc of America Securities, JP Morgan Securities and M0rgan Stanley of which $500 mil was priced at 3.95% and $500 mil had a 5.4% coupon. Ben Smith is a veteran journalist who covered the financial beat for decades at the Atlanta Journal Constitution and then briefly wrote for the Daily Report (Ga). (Your blogger is quoted in another section of this article re: a recapitalization of Aaron's Inc.).

WSJ pB1 "New Fed rules come under attack" by John Hilsentrath says JPMorgan CEO james Dimon is questioning whether the Fed Res Bank of NY's implementation of a provision will allow him to perform his duties on the Fed board. The Dodd-Frank law bars bankers from having any say in the selection of the presidents of the 12 regional Fed banks but the New York Fed is considering restrictions that go farther.

WSJ pB2 "Tech firms lift stocks" by Kristina Peterson says stocks climbed narrowly into positive territory, as tech firms added to the week's modest gains. Fin'l stocks lagged behind as concerns circulated over the health of the European banking system and global currency exchange rate tensions. JPMorgan fell 93 cents as the bank continued to struggle with the fallout from problems with its banking website. Bank of America lost 15 cents.

WSJ pB7 "Chase E-Banking snafu" says JP Morgan's 16 mil online banking customers lost access to their accounts for 28 hours this week due to a software glitch.

Johnson & Johnson JNJ $61.57 +0.28 0.46% 12,160,500 NYSE: Barron's pM7 charts Crucell saing that J&J is trying to buy the 82% it doesn't own.

WSJ pB5 "J&J bids $2.3 bil for Crucell" by Jonathan Rockoff, Fin Times p12 "J&J in offer for Crucell" by Andrew Jack, Sat. NYT pB2 "Johnson & Johnson in talks to buy Dutch firm" by Chris Nicholson say JNJ may buy the 82% of Crucell, a Dutch biopharm firm that it did not already own. Crucell is known for its research, manufacturing and marketing of vaccines and antibodies.

Kraft KFT $31.35 -0.05 0.16% 8,123,704 NYSE: No mentions found.

McDonalds MCD $74.32 -0.48 0.64% 7,895,782 NYSE: Barron's pM2 "The trader" by Vito Racanelli says a strong and stead dividend payer is McDonald's which is a good choice for investors who think in 5 and ten year increments.

Barron's pM39 "Components fo the Barron's 400 include the following Dow components: 3M, American Express, Chevron, Cisco, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

Sun AJC pD2 "BP, Toyota brands take a hit; Coke still No. 1" by AP lists the worlds top 10 brands: 1. Coca-Cola, 2. IBM, 3. Microsoft, 4. Google, 5. GE, 6 McDonald's, 7 Intel, 8. Nokia, 9. Disney and 10. HP.

Merck MRK $36.33 -0.10 0.27% 16,321,135 NYSE: Barron's pM39 "Components fo the Barron's 400 include the following Dow components: 3M, American Express, Chevron, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

Microsoft MSFT $25.22 -0.11 0.43% 69,654,431 NASDAQ-GS: Barron's pM39 "Components fo the Barron's 400 include the following Dow components: 3M, American Express, Chevron, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

Barron's p30 "Plugged in" by mark Veverka says co-founder Jerry Yang of Hayoo's lgacy may be his refusal to see Yahoo to Microsoft for $31 a share in '08.

WSJ pB5 "New Microsoft phone software to launch only on GSM devices" by Nick Wingfield says its oeprating system for smartphones initially won't be available on handsets compatible with the cellular tech used by carriers that include Verizon Wireless and Sprint Nextel. The new operating system, Windows Phone 7, will work only with cellular networks based on a technology called GSM which is the basis of US networks operated by AT&T, T-Mobile USA and in Europe. AT&T will carry 3 devices runing on the new Windows Phone 7 when it debuts in the US. This mean Microsoft won't offer an alternative to phones running Google's Android operating on Verizon. In the US Apple's iPHone is currently only available on AT&T's GSM network.

WSJ pB9 "A new wrinkle in options" by jane Kim says there will now be weekly options instead of monthly options for 30 stocks such as Apple, GE and Microsoft.

Sun AJC pD2 "BP, Toyota brands take a hit; Coke still No. 1" by AP lists the worlds top 10 brands: 1. Coca-Cola, 2. IBM, 3. Microsoft, 4. Google, 5. GE, 6 McDonald's, 7 Intel, 8. Nokia, 9. Disney and 10. HP.

AJC pA9 "Coca-Cola tops list of world's best brands" by Jeremiah McWilliams says the the 11th straight year Coca-Cola is first on Interbrand's list of the world's best brands, IBM Microsoft, Google, GE, McDonald's and Intel were high on the list. Pepsi was No.. 23 and Coke's brand Sprite was No. 61.

Pfizer PFE $17.0625 -0.1025 0.6% 53,134,027 NYSE: No mentions found.

Procter & Gamble PG $60.97 -0.14 0.23% 17,720,307 NYSE: Barron's pM39 "Components fo the Barron's 400 include the following Dow components: 3M, American Express, Chevron, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart. Related story at Barron's p18 Setting the standard" by Michael Santoli says that the Barron's 400 based on criteria that stress both value and growth, has beaten most other major indexes since its inception. This year Procter & Gamble was ousted.

3M MMM $86.07 +1.12 1.32% 5,932,850 NYSE: Barron's pM39 "Components fo the Barron's 400 include the following Dow components: 3M, American Express, Chevron, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

Travelers TRV $52.67 -0.03 0.06% 7,193,266 NYSE: No mentions found.

United Technologies UTX $69.53 +1 1.46% 5,190,111 NYSE: No mentions found.

Verizon VZ $31.68 +0.26 0.83% 21,523,482 Dual Listed: WSJ pB5 "New Microsoft phone software to launch only on GSM devices" by Nick Wingfield says its oeprating system for smartphones initially won't be available on handsets compatible with the cellular tech used by carriers that include Verizon Wireless and Sprint Nextel. The new operating system, Windows Phone 7, will work only with cellular networks based on a technology called GSM which is the basis of US networks operated by AT&T, T-Mobile USA and in Europe. AT&T will carry 3 devices runing on the new Windows Phone 7 when it debuts in the US. This mean Microsoft won't offer an alternative to phones running Google's Android operating on Verizon. In the US Apple's iPHone is currently only available on AT&T's GSM network.

Walmart WMT $53.01 -0.14 0.26% 20,774,476 NYSE: Barron's pM39 "Components fo the Barron's 400 include the following Dow components: 3M, American Express, Chevron, DuPont, Hewlett-Packard, Home Depot, Intel, IBM, McDonald's, Merck, Microsoft & WalMart.

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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.