10/21/10 Thurs. pm Dow Closes at 11,146.57 up 38.6 or 0.35%

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Post No. 694 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 11,146.57up 38.6 or 0.35% from Wednesday's close of 11,107.97. Of the 30 Dow Jones component companies 21 gained and 9 declined. The biggest gainers dollar-wise were Home Depot HD $31.81 +1.08 3.51% 22,203,030 NYSE and 3M MMM $90.55 +1.08 1.21% 5,633,773 NYSE and percentage-wise was Home Depot HD $31.81 +1.08 3.51% 22,203,030 NYSE. The biggest decliner dollar-wise was Caterpillar CAT $78.89 1.43 1.78% 17,706,083 NYSE and percentage-wise was Bank of America BAC $11.36 -0.39 3.32% 317,159,695 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 14.42 down from Wednesday's P/E ratio of 14.76 (year ago it was 16.80) the P/E estimate is 13.25 unchanged from Wednesday's P/E estimate of 13.25 (year ago it was 16.02) and the current dividend yield is 2.54 down from yesterday's yield of 2.57 (it was 2.77 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 1,472.79 up 5.11 from Wednesday's closing numerator of 1,467.68. 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 for today by the divisor (0.132129493) you get the increase in today's Dow. 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 Thursay's Dow Jones Industrial Average was $49.09 up 0.17 from Wednesday's Dow Jones Industrial Average average closing price of $48.92. The median closing price of Thursday's Dow Jones Industrial Average was $41.34 (HPQ/AXP. The lowest volume was Travelers TRV $54.98 +0.34 0.62% 3,864,328 NYSE and the highest volume was again Bank of America BAC $11.36 -0.39 3.32% 317,159,695 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 $511 ($147,279 - $146,768).

MarketWatch 10/21/10 Thursday 4:28 by Kristina Peterson says U.S. stocks closed modestly higher in a day of choppy trading Thursday as encouraging corporate earnings overshadowed jitters over recent currency fluctuations.
The Dow Jones Industrial Average (DJIA 11,147, +38.60, +0.35%) closed up 38.60 points, or 0.35%, at 11146.5, reversing an afternoon slump. Stocks rebounded in a late rally after Federal Reserve Bank of St. Louis president James Bullard suggested that the central bank could announce Treasury purchases in “small increments” at its November meeting.
Whatever the Federal Reserve does to lower interest rates further won't help the U.S. economy, according to First Pacific Advisors fund manager Tom Atteberry, who says that'll just weaken the dollar and hurt savers. Deborah Levine reports. McDonald’s (MCD 78.44, +1.03, +1.33%) gained $1.03, or 1.3%, to $78.44, after its third-quarter earnings rose 10%, topping analysts’ forecasts, and the company’s chief executive predicted same-store sales would rise between 5% and 6% in October, as momentum continues from the previous quarter. Home Depot (HD 31.81, +1.08, +3.51%) was the measure’s top performer, climbing $1.08, or 3.5%, to $31.81.
Travelers (TRV 54.98, +0.34, +0.62%) added 34 cents, or 0.6%, to $54.98, after its third-quarter earnings and revenue topped Wall Street estimates and the property-casualty insurance firm raised its full-year guidance.
Stocks had weakened in the afternoon as the dollar strengthened and traders said jitters over the threat of a currency war were spooking the market. “The market is trading a lot counter to what the dollar’s doing,” said Craig Hodges, president of Hodges Capital Management. But investors looking ahead to expected stimulus support from the central bank are unlikely to let stocks slide too far, he said. “Quantitative easing is a nice backdrop and I also think the potential for some more pro-business news in the election coming up” is helping to stabilize the market, Hodges said. A rush of corporate earnings buoyed hopes for improving business conditions, though some questioned whether the market had already priced in the better-than-expected reports. “Clearly earnings have been coming in relatively well compared to the consensus, but the market’s also moved up pretty substantially and you get into some of these questions about whether these numbers were priced in,” said Jeff Morris, head of U.S. equities at Standard Life Investments. The Dow’s worst performer was Bank of America Corp. (BAC 11.36, -0.39, -3.32%), which slid 3.3% as investors continued to worry over banks’ liabilities connected to investigations into foreclosure practices. Caterpillar, Inc. (CAT 78.89, -0.99, -1.24%) shares were also weak, falling 1.1%, despite a surge in its third-quarter profit. Caterpillar cautioned that the world’s developed economies won’t grow enough next year to alleviate persistently high unemployment levels.Read more on Caterpillar. Bay, Netflix Boost TechOnline retailer and DVD-rental company lead gains in the technology sector following upbeat reaction to the companies' quarterly results. “The market is starting to look at their ultimate earnings power and questioning do we have all the ingredients,” Morris said. The Nasdaq composite (COMP 2,460, +2.28, +0.09%) rose 0.1% to 2,459.67. The Standard & Poor’s 500-share index SPX 1,180, +2.09, +0.18%) added 0.2% to 1180.26. AT&T Corp. (T 28.34, -0.27, -0.94%) lost 1%. Third-quarter earnings nearly quadrupled and the company added a record number of iPhone subscribers in the third quarter, but had to pay high subsidies to Apple, which cut into the carrier’s profit. Verizon Communications shed 1.3%. In U.S. economic data, initial unemployment claims fell by 23,000 to 452,000 in the week ended Oct. 16, the Labor Department said in its weekly report. That was more than the drop economists had expected, but the previous week’s figure was revised up significantly. Demand for Treasurys declined, pushing yield on the 10-year note up to 2.55%. Crude-oil prices settled below $81 a barrel, while gold futures declined.

Thursday's Dow Closing Numbers:

AT&T T $28.34 -0.27 0.94% 31,141,263 NYSE
Alcoa AA $12.78 -0.17 1.31% 24,891,346 NYSE
Amex AXP $40.27 +0.54 1.36% 12,466,847 NYSE
Bank of America BAC $11.36 -0.39 3.32% 317,159,695 NYSE
Boeing BA $71.5 +0.14 0.2% 4,622,292 NYSE
Caterpillar CAT $78.89 1.43 1.78% 17,706,083 NYSE
CSCO $23.26 -0.14 0.6% 38,508,634 NASDAQ-GS
Chevron CVX $84.25 +0.23 0.27% 9,508,521 NYSE
Coke KO $61.47 +0.32 0.52% 11,632,766 NYSE
Disney DIS $34.68 +0.06 0.17% 16,888,353 NYSE
DuPont DD $47.13 +0.05 0.11% 6,916,465 NYSE
Exxon XOM $66.32 +0.31 0.47% 21,257,267 NYSE
GE $16.1 +0.05 0.31% 59,408,667 NYSE
Hewlett-Pack HPQ $42.4 -0.42 0.98% 19,899,979 NYSE
Home Depot HD $31.81 +1.08 3.51% 22,203,030 NYSE
Intel INTC $19.76 +0.12 0.61% 74,133,591 NASDAQ-GS
IBM $139.83 +0.76 0.55% 6,221,002 NYSE
JPMorgan JPM $37.7 -0.40 1.05% 38,245,825 NYSE
JNJ $63.99 +0.39 0.61% 11,051,837 NYSE
KFT $31.82 +0.02 0.06% 7,780,995 NYSE
MCD $78.44 +1.03 1.33% 7,696,794 NYSE
MRK $37.1 +0.11 0.3% 10,372,808 NYSE
MSFT $25.42 +0.11 0.43% 49,979,216 NASDAQ-GS
Pfizer PFE $17.63 -0.03 0.17% 76,352,193 NYSE
Procter & Gam PG $63.51 +0.14 0.22% 9,612,835 NYSE
3M MMM $90.55 +1.08 1.21% 5,633,773 NYSE
Travelers TRV $54.98 +0.34 0.62% 3,864,328 NYSE
United Tech UTX $74.97 +1.05 1.42% 8,837,538 NYSE
Verizon VZ $32.52 -0.12 0.37% 31,897,698 DualListed
WMT $54.03 +0.56 1.05% 9,575,095 NYSE




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Below are excerpts from Thursday morning's Blog.

A read of Thursday'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 Wednesday's stock prices and related data.

Dow:The Dow Jones Industrial Average closed Wednesday at 11,107.97 down 165.07 or 1.18% from Tuesday's close of 10,978.62. For the year the Dow is up 6.52%. Of the 30 Dow Jones component companies 27 gained and 3 declined. The biggest gainer dollar-wise and percentage-wise was Boeing BA $71.36 +2.31 3.35% 8,043,067 NYSE. The biggest decliner dollar-wise was and percentage-wise was Bank of America BAC $11.75 -0.05 0.42% 654,214,057 NYSE.

WSJ pC5 "DJIA rises 129.35 in snapback rally" by Jonathan Cheng says US stocks jumped Wed, erasing most of the previous day's bruising losses, as a positive outlook from the fin'l sector and a spate of strong earnings from airlines and other bellwethers gave investors reason for optimism. Boeing is charted under Good News saying it swung to a quarterly profit from a year ago loss and lifted its outlook. Intel & Boeing helped advance the broad based rally.

Fin Times p30 "Boeing & airlines lifted by rebound in passenger numbers" by Hannah Kuchner says a return in demand for air travel boosted earnings at aeroplane manufacturer Boeing as well as airlines helping US stocks rebound after Tues's sell off.

NYT pB11 "A day after China's jolt, shares bounce back" by Christine Hauser says stocks on Wall St regained ground on Wed as new earnings reports helped lift the mood of investors.

USA Today p4B "Markets rally on Fed expectations" by Bloomberg says the stock market rallied Wed following more better thane expected earnings news & speculation the Fed Res will inject more money into the economy.

Wednesday's Dow Jones Industrial Average closing numerator was 1,467.68 up 17.08 from Tuesday's closing numerator of 1,450.60. 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 for today by the divisor (0.132129493) you get the increase in today's Dow. 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 $48.92 up 0.57 from Tuesday's Dow Jones Industrial Average average closing price of $48.35. The median closing price of Wednesday's Dow Jones Industrial Average was $38.37 (AXP/JPM) down 0.51 from Tuesday's median price of $38.88. The lowest volume was 3M MMM $89.47 +0.92 1.04% 2,819,219 NYSE and the highest volume was again Bank of America BAC $11.75 -0.05 0.42% 654,214,057 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 $1,708 ($146,768 - $145,060).

MarketWatch 10/20/10 Wednesday 4:40 by Jonathan Cheng says U.S. stocks jumped Wednesday, erasing most of the previous day's bruising losses as a positive outlook from the financial sector and a spate of strong earnings from airlines and other bellwethers gave investors reasons for optimism. The Dow Jones Industrial Average added 129.35 points, or 1.18%, to finish at 11107.97, while the Standard & Poor's 500-stock index was higher by 12.27 points at 1178.17 and the Nasdaq Composite gained 20.44 points to 2457.39. Materials and energy stocks were two of the best performing sectors, a day after both were clobbered by fears over Beijing's attempts to slow the world's second-largest economy. Cliffs Natural Resources added 3.6%, Freeport McMoRan Copper & Gold gained 2.8%, and Massey Energy jumped 5.1% amid reports the Richmond, Va., miner is exploring a potential sale of the company. Transport stocks also soared, with the Dow Jones Transportation Average gaining 2.2% after a trio of airlines reported strong earnings. Delta Air Lines jumped 11% after swinging to a third-quarter profit and reporting strong forward bookings through the holiday season. American Airlines parent AMR Corp. surged 13% after its first profit in two years, while US Airways Group gained 7.4% on strong earnings. JetBlue Airways and United Continental rode the wave of optimism, picking up 6.8% and 7.6% respectively. "People are getting confident that earnings are going to be good this year," said Maris Ogg, president of Tower Bridge Advisors. "Maybe not to the level where we have 75% or 80% of companies beating expectations, but people are more confident the economy is on a more even keel." Intel and Boeing helped advance the broad-based rally, which included all but three of the Dow's 30 components and all 10 sectors of the S&P 500. Boeing added 3.4% to lead the Dow components after the aerospace company said it swung to a quarterly profit from a year-ago loss and lifted its outlook. Intel gained 2.2% after it said it would invest up to $8 billion over several years to upgrade its manufacturing plants in the U.S. and build a new research facility in Oregon. Also contributing were pharmaceutical companies, as Merck gained 1.3% and Pfizer added 1.6%. Even financial stocks joined in the rally, despite continuing worries over mortgage foreclosures. Morgan Stanley pared deep morning losses to finish down by one penny after the investment bank's net profit fell in the third quarter, and Wells Fargo gained 4.3% after the San Francisco bank posted its best-ever quarterly earnings and made encouraging remarks on the foreclosure issue. Goldman Sachs Group rose 1.8% after its second consecutive quarterly profit decline, of 40% from a year earlier, surpassed most analyst estimates. BlackRock, however, fell 2.9% even after beating analysts' forecasts with third-quarter earnings rising 74%. Bank of America, at the center of the foreclosure debacle, erased a steep morning decline to finish down 0.4%. Oppenheimer and Stifel both downgraded the stock, and the Charlotte, N.C., lender vowed to fight government-backed demands that it repurchase loans that allegedly didn't meet underwriting guidelines and other promises. "There's still a lot of headline risk around the financials, and that's going to persist for some time," said Jim Dunigan, managing executive of investments at PNC Wealth Management. "Most of the banks seem to have their arms around the challenges and they're working through them, adjusting to the new financial regulations and business models. So if you can stomach the headline risk, you're building value over time, but there's still going to be some volatility." United Technologies reversed its morning decline to creep up 0.4% after third-quarter earnings for the maker of Otis elevators and Pratt & Whitney plane engines posted slower-than-expected revenue growth. Abbott Laboratories dropped 0.9% after third-quarter net income fell 40%, while Yahoo added 2% to reverse most of Tuesday's loss after the company reported a surge in profits. Online auctioneer eBay, which finished with a 0.5% gain, added another 7% in after-hours trading after beating earnings expectations. Sanofi-Aventis added 2.1% on news that U.S. antitrust regulators have given the green light for its proposed acquisition of Genzyme. Genzyme, which also announced third-quarter net income that more than quadrupled on strong product sales, advanced 0.3%. Genzyme is meeting Friday with investors and analysts to provide 2011 financial guidance and make its case that the offer doesn't adequately value its existing business, its recovery plans or its pipeline products. Danish drug maker Novo Nordisk jumped 11% after the Food and Drug Administration sent a rival diabetes drug back for more testing. The makers of that drug fell, with Amylin Pharmaceutical down 46%, Alkermes down 28%, and Eli Lilly down 3.9%.
BHP Billiton rose 3.3% despite a growing likelihood Saskatchewan's government would vote down its proposed $38.6 billion takeover of Potash Corp. of Saskatchewan, The Wall Street Journal reported. Potash fell 0.7%. The broad gains came amid continued weakness in the dollar. The U.S. Dollar Index, which measures the greenback against a basket of six others, fell 1.3% as the euro jumped to almost $1.40. The yen strengthened to trade at 81.16 yen to the dollar--its strongest finish in 15 years.
The benchmark 10-year Treasury note gained, pushing the yield down to 2.47%. Gold gained, while oil rose to $81.77 a barrel.

Wednesday Dow's Closing Numbers:

AT&T T $28.61 +0.40 1.42% 22,494,250 NYSE: WSJ pD1 "Microsoft's new windows Phone 7: novel but lacking" by Walter Mossberg says Microsoft is launching its Windows Phone 7 operating system on Nov 8 to be sold by AT&T and T-Mobile. Mossberg says this smartphone has fast processors, decent screen and adequate memory and is novel and attractive and works pretty well.

WSJ pB5 "Verizon Wireless to sell Samsung tablet for $600" by Nathan Becker says it will sell the Galaxy Tab next month for $600 or $30 less than it will charge for Apple's iPad. Apple's iPad cpable of 3G service, running on AT&T's network, start at $629.

Aloca AA $12.95 +0.28 2.21% 30,963,662 NYSE: No mentions found.

Amex AXP $39.73 +0.4225 1.07% 9,227,341 NYSE: No mentions found.

Bank of America BAC $11.75 -0.05 0.42% 654,214,057 NYSE: WSJ pC3 "Wells Fargo profitably rides mortgage boom" by Marshall Eckblad says Wells Fargo posted record earnings & shows it has mostly dogged the widening mortgage repurchase liabilities that are dogging other banks, especially Bank of America and JPMorgan.

Boeing BA $71.36 +2.31 3.35% 8,043,067 NYSE: WSJ pB4 "Boeing climbs back to profit, raises full year forecast" by Doug Cameron, Nathan Hodge, Fin Times p17 "Boeing rejects recession fears" by Ed Crooks, NYT pB2 "Boeing reports improved sales & raises its profit forecast" by Chris Drew say Boeing raised its '10 guidance to $3.80 to $4 a share, from $3.50 to $3.80. It had a 3Q profit of $837 mil or $1.12 a share, copared with a prior loss of $1.56 bil or $2.23 a share. Rev rose 2% to $17 bil.

WSJ pC5 "DJIA rises 129.35 in snapback rally" by Jonathan Cheng says US stocks jumped Wed, erasing most of the previous day's bruising losses, as a positive outlook from the fin'l sector and a spate of strong earnings from airlines and other bellwethers gave investors reason for optimism. Boeing is charted under Good News saying it swung to a quarterly profit from a year ago loss and lifted its outlook. Intel & Boeing helped advance the broad based rally.

Fin Times p30 "Boeing & airlines lifted by rebound in passenger numbers" by Hannah Kuchner says a return in demand for air travel boosted earnings at aeroplane manufacturer Boeing as well as airlines helping US stocks rebound after Tues's sell off.

Caterpillar CAT $80.32 +1.77 2.25% 9,637,419 NYSE: WSJ pC1 "Caterpillar mines a modern day gold rush" by Kelly Evans says on Thurs., CAT is likely to post 3Q earnings of $1.09 a share, up from 64 cents a year ago & 85 cents in 2Q.

Chevron CVX $84.02 +1.23 1.49% 8,816,322 NYSE: No mentions found.

CSCO $23.4 +0.43 1.87% 44,675,871 NASDAQ-GS: No mentions found.

Coke KO $61.15 +0.81 1.34% 16,198,478 NYSE: No mentions found.

DIS $34.62 +0.38 1.11% 10,107,783 NYSE: No mentions found.

DuPont DD $47.08 +1.10 2.39% 6,137,759 NYSE: No mentions found.

Exxon XOM $66.01 +0.89 1.37% 20,516,789 NYSE: No mentions found.

GE $16.05 -0.02 0.12% 69,417,383 NYSE: No mentions found.

Hewlett-Pack HPQ $42.82 -0.01 0.02% 18,355,067 NYSE: No mentions found.

Home Dep HD $30.73 +0.32 1.05% 18,500,797 NYSE: No mentions found.

Intel INTC $19.64 +0.43 2.24% 84,836,340 NASDAQ-GS: WSJ pC5 "DJIA rises 129.35 in snapback rally" by Jonathan Cheng says US stocks jumped Wed, erasing most of the previous day's bruising losses, as a positive outlook from the fin'l sector and a spate of strong earnings from airlines and other bellwethers gave investors reason for optimism. Boeing is charted under Good News saying it swung to a quarterly profit from a year ago loss and lifted its outlook. Intel & Boeing helped advance the broad based rally.

IBM $139.07 +1.04 0.75% 6,945,347 NYSE: No mentions found.

JPMorgan JPM $38.1 +0.41 1.09% 43,463,907 NYSE: WSJ pC3 "Wells Fargo profitably rides mortgage boom" by Marshall Eckblad says Wells Fargo posted record earnings & shows it has mostly dogged the widening mortgage repurchase liabilities that are dogging other banks, especially Bank of America and JPMorgan.

JNJ $63.6 +0.31 0.49% 10,182,111 NYSE: No mentions found.

KFT $31.8 +0.35 1.11% 7,348,790 NYSE: WSJ pB1 "P&G puts spotlight on newer products" by Ellen Byron says Procter & Gamble says 99% of US and Canadian households use at least one of its products. P&G is starting a round of promotions aimed at getting people to try products P&G has introduced in the last 18 months. Kraft is raising prices and so will P&G on Nov. 15 as they are trying to pass on the cost of increased commodity prices. United Technologies is faced with the same problem.

MCD $77.41 +0.42 0.55% 6,405,161 NYSE: No mentions found.

MRK $36.99 +0.47 1.29% 9,640,923 NYSE: No mentions found.

MSFT $25.31 +0.21 0.84% 56,184,232 NASDAQ-GS: NYT pB2 "NY strikes a bulk software deal with Microsoft" by Ashlee Vance says NYC has put the squeeze on Microsoft, negotiating a bulk software purchase that should lower tech costs for the city and give gov workers access to more modern apps.

WSJ pD1 "Microsoft's new windows Phone 7: novel but lacking" by Walter Mossberg says Microsoft is launching its Windows Phone 7 operating system on Nov 8 to be sold by AT&T and T-Mobile. Mossberg says this smartphone has fast processors, decent screen and adequate memory and is novel and attractive and works pretty well.

Pfizer PFE $17.66 +0.27 1.55% 42,537,185 NYSE: WSJ pB2 "Pfizer to buy stake in Brazilian generics maker" by Kevin Kingsbuery says Pfizer will pay $328 mil to buy a 40% stake in Brazilian generic drug maker Laboratorio Teuto Brasilliero and has the option to buy the rest of the firm. Teuto has 250 products.

Procter & Gam PG $63.37 +0.19 0.3% 10,344,871 NYSE: WSJ pB1 "P&G puts spotlight on newer products" by Ellen Byron says Procter & Gamble says 99% of US and Canadian households use at least one of its products. P&G is starting a round of promotions aimed at getting people to try products P&G has introduced in the last 18 months. Kraft is raising prices and so will P&G on Nov. 15 as they are trying to pass on the cost of increased commodity prices. United Technologies is faced with the same problem.

Fin Times p19 "P&G taps into popularity of heavier scents" by Jonathan Birchall says P&G is responding to the different tastes and growing buying power of Hispanic consumers with a series of new products such as a new Gain washing-up liquid.

3M MMM $89.47 +0.92 1.04% 2,819,219 NYSE: No mentions found.

Travelers TRV $54.64 +0.88 1.64% 3,701,676 NYSE: No mentions found.

United Tech UTX $73.92 +0.31 0.42% 8,734,057 NYSE: WSJ pB4 "United Technologies" by Matt Jarzemsky says United Technologies' 3Q earnings rose 13% as rev grew less than expected. It earned $1.2 bil or $1.30 a share, up from $1.06 bil, or $1.14 a year earlier. Rev was up 1.1% to $13.53 bil.

WSJ pB1 "P&G puts spotlight on newer products" by Ellen Byron says Procter & Gamble says 99% of US and Canadian households use at least one of its products. P&G is starting a round of promotions aimed at getting people to try products P&G has introduced in the last 18 months. Kraft is raising prices and so will P&G on Nov. 15 as they are trying to pass on the cost of increased commodity prices. United Technologies is faced with the same problem.

Verizon VZ $32.64 +0.48 1.49% 15,167,572 DualListed: WSJ pB5 "Verizon Wireless to sell Samsung tablet for $600" by Nathan Becker says it will sell the Galaxy Tab next month for $600 or $30 less than it will charge for Apple's iPad. Apple's iPad cpable of 3G service, running on AT&T's network, start at $629.

WMT $53.47 +0.15 0.28% 9,742,242 NYSE: No mentions found.


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Here are the current CEOs of the Dow 30 Companies:

AT&T T Randall L. Stephenson (Dallas, TX)
Alcoa AA Klaus Kleinfeld (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 Leo Apotheker (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 Edwardo Castro-Wright as CEO for 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.