12/22/10 Wed pm Dow Closes at 11,599.49 up 26.33 or 0.23%

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Post No. 790 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 Dec. 7, 2010 and Dow 30 component's SEC filings as of Dec. 11, 2010.

The Dow Jones Industrial Average closed Wednesday at 11,599.49 up 26.33 points or 0.23% from Tuesday's close of 11,533.16. Of the 30 Dow Jones component companies 22 gained and 8 declined. The biggest gainer dollar-wise was JPMorgan JPM $42.16 +1.16 2.83% 47,220,781 NYSE and percentage-wise was Bank of America BAC $13.38 +0.40 3.08% 239,664,441 NYSE. The biggest decliner dollar-wise and percentage-wise was Hewlett-Packard HPQ $41.48 -0.43 1.03% 14,697,090 NYSE.

As of the open of the market Wednesday, 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 is 14.70 up from Tuesday's P/E of 14.63 (year ago it was 18.16); the P/E estimate is 13.43 unchanged from Tuesday's 13.43 (year ago it was 16.00) and the dividend yield is 2.49 down from Tuesday's dividend yield of 2.50 (last year it was 2.65). 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 1,532.63 up 8.76 from Tuesday's closing numerator of 1,523.87. 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 Wednesday's Dow Jones Industrial Average was $51.09 up $0.29 from Tuesday's Dow Jones Industrial Average average closing price of $50.80. The median closing price of Wednesday's Dow Jones Industrial Average was $42.15 (AXP/HPQ) down 0.42 from Tuesday's closing median price of $42.57. The lowest volume was United Technologies UTX $79.52 +0.17 0.21% 2,123,278 NYSE and the highest volume was again Bank of America BAC $13.38 +0.40 3.08% 239,664,441 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 $863 ($153,263 -$152,400)

MarketWatch Wednesday 12/22/10 4:48 pm by Kate Gibson says US stocks finished at a two-year high Wednesday, with the S&P 500 Index up for a fifth straight session, as investors sorted through varying signals from earnings and economic data. “There is some mixed news out there,” said Jeffrey Kleintop, chief market strategist at LPL Financial, pointing to quarterly results from Nike Inc. (NKE 86.95, -5.35, -5.80%) — one barometer of consumer spending — as raising a flag that there are some concerns that “companies may miss some estimates, and that earnings growth is slowing.” “Maybe the markets are getting ahead of themselves even though there are a lot of good reasons why stocks should be going up,” said Kleintop. Dow Jones Industrial Average (DJIA 11,560, +26.41, +0.23%) ended up 26.33 points, or 0.2%, at 11,559.49, its highest close since Aug. 28, 2008. Bank of America Corp. (BAC 13.39, +0.01, +0.08%) and J.P. Morgan Chase & Co. (JPM 42.14, -0.02, -0.05%) led gains in 22 of 30 components. The S&P 500 (SPX 1,259, +4.24, +0.34%) added 4.24 points, or 0.3%, to 1,258.84, with financials leading gains among its 10 industry groups and tech companies leading decliners. It was the benchmark’s highest close since Sept. 8, 2008. The Nasdaq Composite Index (COMP 2,671, +3.87, +0.15%) rose 3.87 points, or 0.2%, to 2,671.48. For every nine stocks that rose, six fell on the New York Stock Exchange, where volume was 784.4 million, or 75% of its 30-day average. On the New York Mercantile Exchange, crude-oil futures finished at $90.48 a barrel, their first close above $90 since October 2008. “Oil up here at 90 bucks seems due for a pullback as well, but the dollar has fallen so much since the last time we were at $90, so it does justify a higher price,” Kleintop said.“We’re not collapsing, but it’s not like everyone is saying let’s go out for Christmas and buy a home,” said Doug Roberts, chief investment strategist at Channel Capital Research. He was referring to data that showed the U.S. economy expanded at a 2.6% rate in the third quarter, faster than previously estimated but below what analysts had expected. Before Wall Street’s opening bell, the government revised slightly higher its estimate of third-quarter economic growth, but the updated estimate came in below analysts’ expectations. Peter Eliades, editor of Stock Market Cycles and manager of Stock Market Cycles Management, tells MarketWatch’s Stacey Delo why he sees the potential for a 25% gain in the S&P 500 Index during the first half of 2011. Later, the National Association of Realtors said sales of existing homes climbed 5.6% in November. Shares of Nike (NKE 86.95, -5.35, -5.80%) fell 5.8% after the athletic shoe and apparel seller warned that climbing prices for cotton and transportation would squeeze its margins.Shares of Walgreen Co. (WAG 38.80, -0.05, -0.13%) added 5.5% after the drugstore giant reported a larger-than-anticipated profit for the first quarter.

Wednesday's Closing Dow Numbers:

AT&T T $29.13 +0.06 0.21% 16,859,825 NYSE
Alcoa AA $15.14 +0.25 1.68% 22,288,827 NYSE
Amex AXP $42.81 -0.42 0.97% 7,709,873 NYSE
Bank of America BAC $13.38 +0.40 3.08% 239,664,441 NYSE
Boeing BA $64.61 +0.42 0.65% 5,254,658 NYSE
CAT $94.57 -0.06 0.06% 2,609,042 NYSE
Chevron CVX $89.92 +0.69 0.77% 4,253,868 NYSE
CSCO $19.56 +0.03 0.15% 42,760,432 NASDAQ-GS
Coke KO $65.59 +0.10 0.15% 7,707,224 NYSE
DIS $37.95 +0.62 1.66% 7,211,738 NYSE
DuPont DD $49.8 -0.17 0.34% 2,862,604 NYSE
Exxon XOM $72.8 +0.08 0.11% 14,605,693 NYSE
GE $18.06 +0.16 0.89% 42,914,740 NYSE
Hewlett-Packard HPQ $41.48 -0.43 1.03% 14,697,090 NYSE
Home Dep HD $35.18 +0.10 0.29% 6,441,536 NYSE
Intel INTC $20.89 -0.21 1% 49,190,049 NASDAQ-GS
IBM $145.95 +0.21 0.14% 3,388,701 NYSE
JPMorgan JPM $42.16 +1.16 2.83% 47,220,781 NYSE
JNJ $62.02 -0.32 0.51% 8,824,355 NYSE
KFT $31.88 +0.04 0.13% 5,854,149 NYSE
MCD $77.01 +0.15 0.2% 3,514,969 NYSE
MRK $36.22 +0.04 0.11% 8,624,158 NYSE
MSFT $28.1875 +0.1175 0.42% 42,250,453 NASDAQ-GS
Pfizer PFE $17.56 +0.18 1.04% 35,631,578 NYSE
Procter & Gam PG $64.95 +0.08 0.12% 7,081,531 NYSE
MMM $86.72 +0.19 0.22% 2,396,791 NYSE
Travelers TRV $55.85 -0.02 0.04% 2,240,552 NYSE
United Technologies UTX $79.52 +0.17 0.21% 2,123,278 NYSE
Verizon VZ $35.18 +0.24 0.69% 10,477,718 DualListed
WMT $53.31 -0.34 0.63% 11,453,108 NYSE



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The following are excerpts from Wed. morning's Blog.

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

Dow:The Dow Jones Industrial Average closed Tuesday at 11,533.16 up 55.03 points or 0.48% from Monday's close of 11,478.13. For the year the Dow is up 10.60%. Of the 30 Dow Jones component companies 11 gained and 19 declined. The biggest gainer dollar-wise and percentage-wise was Caterpillar CAT $94.63 +1.33 1.43% 4,077,762 NYSE. The biggest decliner dollar-wise and percentage-wise was Merck MRK $36.18 -0.32 0.88% 9,903,774 NYSE.

WSJ pC5 "Dow climbs 55.03 points to a 2 year peak" by Kristina Peterson says the Dow closed at a 2 year high as investors bet on an increase in fin'l sector mergers and acquisitions. The Dow is up 4.8% this month and 10.6% for the year and has risen 76% from a 12 year low in March. BofA gained 29 cents while JPMorgan climbed $1.05 and American Express rose 73 cents.

Fin Times 24 "Adobe's optimism puts a spark in tech stocks" by Hannah Kuchler says strong earnings and an optimistic outlook from Adobe systems helped the tech sector rise as US stocks closed just shy of highs not seen since the collapse of Lehman. BofA added 2.9%.

NYT pB10 "Indexes gain after another bank deal" by AP says fin'l firms led stock indexes to new highs Tues after another big banking deal raised hopes that more acquisitions cold be on the way. Fin'l firms were the best performers. JPMorgan rose the most among the Dow.

USA Today p4B "Stocks rise on profit growth optimism" by Bloomberg says the market rallied Tues completing the S&P 500 index's recovery from the plunge that followed the collapse of Lehman in '08, after a bullish forecast from software maker Adobe systems added to speculation that the fastest profit growth in 22 years makes stocks a bargain.

Tuesday's Dow Jones Industrial Average closing numerator was 1,523.87 up 7.27 from Monday's closing numerator of 1,516.60. 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 tuesday's Dow Jones Industrial Average was $50.80 up $0.25 from Monday's Dow Jones Industrial Average average closing price of $50.55. The median closing price of Tuesday's Dow Jones Industrial Average was $42.57 (AXP/HPQ) up 0.48 from Monday's closing median price of $42.19. The lowest volume was United Technologies UTX $79.35 +0.45 0.57% 2,834,574 NYSE and the highest volume was again Bank of America BAC $12.98 +0.36 2.85% 159,264,464 NYSE.

If Tuesday 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 $740 ($152,400 - $151,660)

MarketWatch Tuesday 12/21/10 4:32 pm by Kristina Peterson says The Dow Jones Industrial Average closed at its highest level in more than two years on Tuesday, led by bank stocks bolstered by deal activity. The blue-chip measure rose 55.03 points, or 0.48%, to 11533.16, its highest close since Aug. 29, 2008. Bank of America gained 36 cents, or 2.9%, to $12.98, while J.P. Morgan Chase climbed 1.05, or 2.6%, to 41.00 and American Express rose 73 cents, or 1.7%, to 43.23. The Nasdaq Composite gained 18.05 points, or 0.68%, to 2667.61, to hit a nearly three-year high, closing at its highest level since Dec. 28, 2007. The Standard & Poor's 500-stock index rose 7.52, or 0.60% to 1254.60, its highest close since Sept. 19, 2008. Financials led the market's gains as expectations rose that deal-making in the sector may continue next year after Canada's bank Toronto-Dominion Bank agreed to acquire Chrysler Financial, the auto lender owned by Cerberus Capital Management, for $6.3 billion. Shares of Toronto-Dominion gained 2.44, or 3.5%, to 71.95. The broader market also received a boost after China Vice Premier Wang Qishan said China supports efforts by European officials to stabilize the global markets hit by the euro zone's debt crisis. Investors largely shrugged off word that Fitch Ratings put Greece's ratings on review for a possible downgrade into junk territory and a warning by Moody's Investor Service that it may lower Portugal's A1 rating by one or two notches. The euro was recently trading at $1.3093, down from $1.3126 late Monday in New York. "Europe is a lingering condition," said Stephen Wood, chief market strategist at Russell Investments. "It's not that dissimilar from housing or employment--you can say it's stabilized, but it won't get better anytime soon."
Meanwhile, the market is still benefiting from relief over the U.S. tax deal approved last week in addition to a stream of economic reports this month that have topped expectations, said Jordan Smyth, managing director at Edgemoor Investment Advisors. "Overall, the news has been good, tempered a bit by what's going on in Europe," Smyth said. "The economic turnaround is happening and should carry us into 2011 with some good momentum." Trading volumes are expected to slow through the end of the year. On Tuesday, roughly 3.6 billion shares traded in New York Stock Exchange Composite volume; the month's average is 4.8 billion shares a day. Demand for Treasurys was mixed, with declines in the two-year note lifting its yield to 0.61% while increasing demand for the 10-year note pushed its yield down to 3.31%. Crude-oil futures rose, settling at a 2010 high of $89.82 a barrel. Among stocks in focus, Martek Biosciences soared 8.31, or 36%, to 31.67, after the company agreed to a bid of $31.50 a share, or $1.09 billion, from Dutch-based life-sciences and materials-science group Royal DSM. Adobe Systems jumped 1.75, or 6%, to 30.93, after the software maker swung to a fourth-quarter profit as revenue climbed by one-third and the company provisioned much less for taxes than it did a year ago. Adobe's chief executive said he expects 2011 revenue to increase 10% over 2010 revenue.

Tuesday's Closing Dow Numbers and Wednesday's News:

AT&T T $29.07 -0.06 0.21% 16,500,634 NYSE: WSJ pA6 "Internet gets new rules of the road" by Amy Schatz, NYT pB1 "FCC faces challenges to net rules" by Brian Stelter, USA p1B "Net neutrality vote irks many" by David Lieberman say the FCC voted 3-2 to pass net neutrality rules that prohibit internet providers from interfering with legal Web traffic. AT&T which was the biggest industry proponent of the proposal said the rules were not ideal but would bring some market certainty and is a fair and balance approach to a difficult issue. The new rules ban any outright blocking but are semi-neutral but they afford more wiggle room to wireless providers like AT&t & Verizon.

Alcoa AA $14.89 +0.12 0.81% 21,701,329 NYSE: No mentions found.

Amex AXP $43.23 +0.73 1.72% 10,111,075 NYSE: WSJ pC5 "Dow climbs 55.03 points to a 2 year peak" by Kristina Peterson says the Dow closed at a 2 year high as investors bet on an increase in fin'l sector mergers and acquisitions. The Dow is up 4.8% this month and 10.6% for the year and has risen 76% from a 12 year low in March. BofA gained 29 cents while JPMorgan climbed $1.05 and American Express rose 73 cents.

Bank of America BAC $12.98 +0.36 2.85% 159,264,464 NYSE: WSJ pC3 "BofA shakes mp exec ranks" by Dan Fitzpatrick says Mark Hogan left, he was in charge of E. Coast retail operations and Katy Knox was promoted to be in charge of all 5,900 branches and 18,000 ATMs.

WSJ pC3 "New banks climb Wall St. ranks says JPMorgan , Bank of America and Goldman are ranked 1,2,3 in the global investment activities in '10 with JPMorgan having investment banking rev of $1.16 bil.

Daily Report p6 "Banking industry tries to cozy up to customers" by Candace Coi, AP says banks including Ban kof America, the nation's largest bank, are pushing for improved customer services. BofA is adding mortgage, small business and investment specialists to select branches early next year.

WSJ pC5 "Dow climbs 55.03 points to a 2 year peak" by Kristina Peterson says the Dow closed at a 2 year high as investors bet on an increase in fin'l sector mergers and acquisitions. The Dow is up 4.8% this month and 10.6% for the year and has risen 76% from a 12 year low in March. BofA gained 29 cents while JPMorgan climbed $1.05 and American Express rose 73 cents.

Boeing BA $64.19 +0.92 1.45% 5,053,363 NYSE: WSJ pA17 "Next, an aircraft buble" by Homan Jenkins says Airbus shold not undercut the value of existing assets, including planes not even delivered by doing an engine upgrade for its workhorse single aisle A320 family of airplanes. Boeing will have to do the same eventually and neither Boeing nor Airbus is a bottomless well of capital and engineering talent. Boein's 787 will be profitable in the long run bu Airbus's A380 won't.

Caterpillar CAT $94.63 +1.33 1.43% 4,077,762 NYSE: No mentions found.

Chevron CVX $89.23 +0.43 0.48% 5,946,257 NYSE: No mentions found.

CSCO $19.53 -0.09 0.46% 62,151,801 NASDAQ-GS: No mentions found.

Coke KO $65.49 +0.18 0.28% 9,322,917 NYSE: No mentions found.

Disney DIS $37.33 +0.27 0.73% 4,697,622 NYSE: WSJ pB5 "Lucasfilm settles civil charges over animation hiring" by Brent Kendall says the settlement is with the Justice Dept. re charges that it and Pixar Animation, a unit of Disney, agreed to limit competition for digital animation workers. Pixar was one of six firms that settled similar charges in Sept.

DuPont DD $49.97 +0.25 0.5% 5,265,359 NYSE: No mentions found.

Exxon XOM $72.72 +0.50 0.69% 21,694,831 NYSE: No mentions found.

GE $17.9 +0.20 1.13% 41,584,433 NYSE: No mentions found.

Hewlett-Packard HPQ $41.91 +0.02 0.05% 14,898,613 NYSE: WSJ pB1 "Hurd wants letter shielded" by Ben Worthen says Mark Hurd, the former HP ceo is fighting to keep private the letter that led to his resignation in which former HP contractor Jodie Fischer accused Hurd of secual harassment.

Home Depot HD $35.08 -0.12 0.34% 6,979,500 NYSE: No mentions found.

Intel INTC $21.1 -0.13 0.61% 33,266,308 NASDAQ-GS: WSJ pB6 "FTC clears Intel purchase of McAfee" by Shara Tibken says US antitrust regulators cleared Intel's acquisition of security software firm McAfee but the $7.68 bil deal faces scrutiny in Europe.

WSJ pB6 "Microsoft plans a new Windows" by Don Clark says Microsoft feeling pressure from Apple's iPad is crafting a new operating system that deviates from its heavy reliance on chip technology pioneered by Intel

IBM $145.74 +1.23 0.85% 3,760,588 NYSE: No mentions found.

JPMorgan JPM $41 +1.05 2.63% 30,021,452 NYSE: WSJ pC1 "one giant pile of copper" by Tatyana Shumsky says as commodity prices soar to new records, the abiliy of a few traders to hold huge swaths of the world's stockpiles is coming under scrutiny. In the copper market, a single trader has reported it owns 80 to 90% of the copper sitting in London Metal Exchange warehouses, equal to about half of the world's exchange registered copper stockpile and worth $3 bil. JPMorgan recently had a lage position in copper but it is unclear if the dominant trader is them.

WSJ pC5 "Dow climbs 55.03 points to a 2 year peak" by Kristina Peterson says the Dow closed at a 2 year high as investors bet on an increase in fin'l sector mergers and acquisitions. The Dow is up 4.8% this month and 10.6% for the year and has risen 76% from a 12 year low in March. BofA gained 29 cents while JPMorgan climbed $1.05 and American Express rose 73 cents.

JNJ $62.34 -0.15 0.24% 7,854,286 NYSE: No mentions found.

KFT $31.84 +0.11 0.35% 7,218,418 NYSE: No mentions found.

MCD $76.86 -0.06 0.08% 4,266,937 NYSE: No mentions found.

Merck MRK $36.18 -0.32 0.88% 9,903,774 NYSE: No mentions found.

MSFT $28.07 +0.26 0.93% 37,916,373 NASDAQ-GS: WSJ pB6 "Microsoft plans a new Windows" by Don Clark says Microsoft feeling pressure from Apple's iPad is crafting a new operating system that deviates from its heavy reliance on chip technology pioneered by Intel.

Daily Report p6 "Google takes dead aim at Microsoft" by Rich Jaroslovsky says Google releases two neew weapons: Nexus S smartphone and laptop with Chrome operating system

Pfizer PFE $17.38 +0.21 1.22% 50,462,359 NYSE: USA Today p1B "Pfize recalls 19,000 bottles of Lipitor" says the recall of 19,000 bottles was due to an uncharacteristic odor.

Procter & Gamble PG $64.87 -0.10 0.15% 8,103,381 NYSE: No mentions found.

3M MMM $86.53 -0.81 0.93% 3,262,356 NYSE: No mentions found.

Travelers TRV $55.87 +0.42 0.76% 2,885,232 NYSE: No mentions found.

United Technologies UTX $79.35 +0.45 0.57% 2,834,574 NYSE: No mentions found.

Verizon VZ $34.94 +0.20 0.58% 13,615,097 DualListed: WSJ pB3 "Verizon to sell Motorola 4G phone" by Spencer Ante says it will start to sell the Motorola 4G phone and is the first time Verizon Wireless has identified a handset maker for the launch.

WSJ pA6 "Internet gets new rules of the road" by Amy Schatz, NYT pB1 "FCC faces challenges to net rules" by Brian Stelter say the FCC voted 3-2 to pass net neutrality rules that prohibit internet providers from interfering with legal Web traffic. AT&T which was the biggest industry proponent of the proposal said the rules were not ideal but would bring some market certainty and is a fair and balance approach to a difficult issue. The new rules ban any outright blocking but are semi-neutral but they afford more wiggle room to wireless providers like AT&t & Verizon.

Walmart WMT $53.65 -0.12 0.22% 8,288,628 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 Kenneth Frazer 1/1/11 replaces Richard Clark (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
Pfizer PFE Ian Read (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 12/7/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $361 [5]
2. Microsoft MSFT 233 [9]
3. WalMart WMT 200 [3.5]
4. GE 182.5 [10.5]
5. IBM 179 [1]
6. Procter & Gamble PG 176 [3]
7. Chevron CVX 174 [2]
8. Johnson & Johnson JNJ 171 [3]
9. AT&T T 169 [6]
10. JPMorgan Chase JPM 154 [4]
11. Coke KO 149 [2.5]
12. Pfizer PFE 134.5 [8]
13. Intel INTC 120.5 [5.5]
14. Bank of America BAC 117 [10]
15. Cisco CSCO 111 [6]
16. Merck MRK 109 [3]
17. Verizon VZ 98 [3]
18. Hewlett-Packard HPQ 96 [2.5]
19. McDonald's MCD 85 [1]
20. United Technologies UTX 72.5 [1]
21. Disney DIS 71 [2]
22. 3M MMM 60.5 [.5]
23. Caterpillar CAT 57.5 [.5]
24. Home Depot 55 [1.5]
25. American Express AXP 54 [1]
26. Kraft KFT 53.5 [2]
27. Boeing BA 48.5 [1]
28. DuPont DD 45 [1]
29. Travelers 25.5 [.5]
30. Alcoa AA 14.5 [1]

Here are the latest 8K, 10Q & 10K SEC filings as of 12/11/10:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

AT&T T: 12/7/10 8K re: replacement of existing 5 year $9.4 bil revolving credit facility
12/1/10 8K re: redemption of all 7.8% notes due 3/1/11
11/5 10Q for quarter ending 9/30/10

Alcoa AA: 10/22/10 10Q for 3Q ended 9/30/10
10/12 8K re: transcript of 3Q earnings conference
10/8/10 8K re: 3Q results

American Express AXP: 11/15/10 8K re: delinquency & write-off statistics for period ending 10/31/10
11/3/10 10Q for quarter ending 9/30/10
11/2/10 8K re: changes to retirement plan for officers

Bank of Am BAC: 11/5/10 10Q for quarter ending 9/30/10
11/5/10 8K re: status of Countrywide litigation
10/20/108K re: registration of 50,354,545 shares

Boeing BA: 12/3/10 8K re: election o Ronald A. Williams to Board of Directors and the Audit & Finance Committees
11/16/10 8K re: $2.3 bil 364 day revolving credit agreement

Caterpiller CAT: 12/10/10 8K re: election of Jesse J. Greene, Jr. & Miles D. White to Board of Directors and Greene to the Audit Committee & White to Governance Committee
12/7/10 8K re: entering into bridge loan of up to $8.6 bil
11/18/10 8K re: status of acquisition of Bucyrus
11/18/10 8K 3 month dealer statistics
11/15/10 8K re: acquisition of Bucyrus for $8.6 bil to close mid '11
11/12/10 8K/A resignation of Gail D. Foster from Board of Directors
11/4/10 10Q for quarter ending 9/30/10

Chevron CVX:11/5/10 10Q for quarter ending 9/30/10
10/29 8K re 3Q net income of $3.77 bil down from $3.83 bil for 3Q '09

Cisco CSCO 11/23/10 10Q for quarter ending 10/30/10

Coke KO 12/9/10 8K re: election of Howard G. Buffett to Board of Directors & Public Issue & Diversity Relations Committees
12/1/10 8K/A re: technical amendment of prior 8K
11/23/10 8K re: result of cash tender offer for debt
11/18/10 8K re: completion of note offering
11/16/10 8K re: resignation of Cathleen p. Black from Board to become Chancellor of NYC Schools
11/8/10 8K re: underwriting agreement for issuance of notes
11/4/10 8K re tender offer for CCE debt
10/29/10 10Q for quarter ending 10/1/10

Disney DIS 11/24/10 10K for year ending 10/2/10
11/12/10 8K re: results of 4Qtr earnings

DuPont DD: 12/10 8K re: retirement of Jeffrey L, Keefer as EVP
10/21/10 10Q for 3rd quarter ending 9/30/10
10/26/10 8K re 3Q results

ExxonMobil XOM: 11/30/10 8K re: revisions to officers' compensation plan
11/16/10 10Q re 3Q results ending 9/30/10
10/28/10 8K re: 3Q results
10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm

GE: 11/3/10 10Q re 9/30/10 results

Hewlett-Packard HPQ: 12/2/10 8K re: underwriting agreement for issuance of notes
11/22/10 8K re: 4Q results
10/18/10 8K re: election of Leo Aptheker as Pres/CEO

Home Depot HD: 12/2/10 10Q re: results for period ending 10/31/10
11/16/10 8K re: update of fiscal year '10 guidance

Intel INTC: 11/12/10 8K re: 15% increase of quarterly cash dividend
11/2/10 10Q for quarter ending 9/25/10

IBM: 12/8/10 8K re: underwriting agreement re: debt
12/6/10 8K re: resignatin of Cathleen Black from Board of Directors
10/26/10 10Q for period ending 9/30/10

JPMorganChase JPM: 10/28/10 8K/A re: amendment to replace capital covenants re: debt
10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results

Johnson & Johnson JNJ : 11/10/10 10Q for quarter ending 10/3/10

Kraft KFT:12/6/10 8K re: seeking preliminary injunction vs. Starbucks
11/30/10 8K re: arbitration with Starbucks'11/29/10 8K re: cash debt tender offer to holders of $1 bil of notes
11/8/10 8K re: status of agreement with Starbucks'
11/5/10 10Q for quarter ending 9/30/10
11/4/10 8K re: 3Q results

McDonalds MCD: 12/10 8K re: amendment of Cert. of Incorp re: designations of rights of preferred stock
12/9/10 8K re: global sales results
11/9/10 8K re: results of global sales results
11/5/10 8K re: resignation of Denis Hennequin as President of McDonald's Europe to be replaced by Steve Easterbook
11/5/10 10Q for period ending 9/30/10

Merck MRK: 12/10/10 8K re: sale of 2.2% notesw due '16
11/30/10 8K re: election of Kenneth C. Frazier a CEO with Richard T. Clark staing as Chair
11/8/10 10Q for period ending 9/30/10

Microsoft MSFT: 11/19/10 8K re: results of 11/16/10 Annual Meeting of Shareholders

Pfizer PFE: 12/9/10 8K re: resignation of Jeffrey B. Kindler as CEO & election of Ian C. Read as Pres/CEO
11/12/10 10Q for quarter ending 10/3/10
11/2/10 8K re: 3Q results
10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's purchase of King Pharmaceuticals, Inc.

Procter & Gamble PG: 11/18/10 8K re: close of sale of $1 bil of 1.8% notes due '15
10/28/10 10Q for period ending 9/30/10
10/27/10 8K re: results for quarter ending 9/30/10

3M MMM: 12/7/10 8K re: re: financial outlook for '11
11/5/10 10Q re: quarter ending 9/30/10'
10/28/10 8K re: 3Q results of $6.9 bil sales

Travelers TRV: 11/10/10 8K re: completion of tender offer for 6.25% debentures due '67
11/9/10 8K re: modification of rights of holders of 6.75% notes due '36
11/8/10 re: purchase of 43% of a Brazilian surety
11/8/10 8K & 11/5/10 8K re: amendment of consent solicitation of 6.75% notes
11/1/10 8K re: underwriting agreement for sale of notes
10/27/10 8K re: tender offer to holders of 6.25% due '67

United Technologies UTX: 12/10/10 8K re: election of Ellen Kullman, DuPont CEO to Board of Directors
12/10/10 8K re: resignation of Carlos M. Gutierrez from Board
10/25/10 10Q for period ending 9/30/10

Verizon Communications Inc. VZ: 12/8/10 8K/A re: Board committee assignments of Rodney E. Slater
11/10/10 8K/A re: election of Lowell C. McAdam as Pres/COO & Francis J. Shammo EVP & CFO
10/28/10 10Q for period ending 9/30/10

WalMart WMT: 12/6/10 10Q for period ending 10/31/10
11/16/10 8K re: 3 Qtr EPS 0.95 cents and raising full year EPS guidance from $3.95 to $4.05