2/1/11 Tues pm Dow Closes at 12,040.16 up 148.23 or 1.25%

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Post No. 852 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 and Dow 30 component's SEC filings as of January 10, 2011.

The Dow Jones Industrial Average closed Tuesday at 12,040.16 up 148.23 points or 1.25% from Monday's close of 11,891.93. Of the 30 Dow Jones component companies 27 gained and 3 declined. The biggest gainer dollar-wise was Exxon XOM $83.91 +3.23 4% 40,827,812 NYSE and percentage-wise was Pfizer PFE $19.22 +1 5.49% 134,506,141 NYSE. The biggest decliner dollar-wise and percentage-wise was Procter & Gamble PG $62.92 -0.21 0.33% 14,628,632 NYSE.

As of the open of the market Tuesday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132129493. The trailing P/E is 14.50 up from Monday's 14.49 (year ago it was 16.50); the P/E estimate is 12.63 unchanged from Monday's 12.63 (year ago it was 12.99), and the dividend yield is 2.42 down from yesterday's 2.43 (last year it was 2.69). 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.

Tuesday's Dow Jones Industrial Average closing numerator was 1,590.86 up 19.59 from Monday's closing numerator of 1,571.27. 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 7.57 change in the average.

The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was $53.03 up $0.65 from Monday's Dow Jones Industrial Average average closing price of $52.38. The median closing price of Tuesday's Dow Jones Industrial Average was $46.20 (HPQ/JPM) up 0.88 from Monday's median closing price of $45.32. The lowest volume was 3M MMM $87. NYSE and the highest volume was again Bank of America Bank of America BAC $14.31 +0.58 4.22% 211,862,229 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 1,946 ($158,086 - $157,140).

MarketWatch Tuesday 2/1/11 515 by Kate Gibson says US stocks surged Tuesday, with the Dow closing above 12,000 for the first time since mid-2008, after manufacturing data shifted investors’ gaze toward the global recovery. “Strong breadth out of the gate followed by a stronger-than-expected ISM [Institute for Supply Management] data set the tone for today’s great leap forward,” said Elliot Spar, market strategist at Stifel, Nicolaus & Co. Oil markets are nervously keeping an eye on the unrest in Egypt and how it might affect the Suez Canal and Sumed pipeline, which combined carry upwards of 3 million barrels of oil a day. The Dow Jones Industrials Average (DJIA 12,040, +148.23, +1.25%) rose 148.23 points, or 1.3%, to 12,040.16, its first close above 12,000 since June 19, 2008. The blue-chip benchmark crossed but failed to close above 12,000 on Friday, when it finished down 166.13 points, or 1.4%, breaking an eight-week winning run. Tuesday’s equities market was also bolstered after United Parcel Service Inc. (UPS 74.55, -0.04, -0.05%), the biggest package delivery company on the globe, reported a quarterly profit that beat expectations and projected record-high profit in 2011. On Monday, the Dow polished off its first January-month gain in 14 years, an ending that bodes well for the remainder of the year if historical trends persist, given its January performance usually predicts the outcome of the full year, a scenario that failed to materialize the past two years. On Tuesday, all but three of the blue-chip index’s 30 components were higher, led by Pfizer Inc. (PFE 19.14, -0.08, -0.42%) , up 5.5%, after the pharmaceutical giant posted a higher fourth-quarter profit and set a $5 billion buyback program. Read more about Pfizer’s results. Procter & Gamble Co. (PG 62.93, +0.01, +0.02%) shares were the worst Dow performer, edging back 0.3%.The Standard & Poor’s 500 Index (SPX 1,308, +21.47, +1.67%) gained 21.47 points, or 1.7%, to 1,307.59, its first close above 1,300 since Aug. 28, 2008.
Natural-resource companies and financials rose the most among the S&P’s 10 industry groups, with consumer staples the worst-performing sector.
The Nasdaq Composite Index (COMP 2,751, +51.11, +1.89%) added 51.11 points, or 1.9%, to 2,751.19.For every stock on the decline, more than five gained on the New York Stock Exchange, where 1 billion shares traded.The rally in equities came after data showing increased manufacturing in China as well as the United States, with Asian and European markets gaining ahead of Wall Street’s open.The Institute for Supply Management’s January manufacturing index for the U.S. came in better than expected, rising to 60.8% from 58.5% in December. “Today’s report was encouragingly strong and supports the general idea that, for now, the worst of the global recession is behind us and the U.S. is set to expand yet again,” said Dan Greenhaus, chief economic strategist at Miller Tabak & Co. Separately, the Commerce Department reported that construction spending fell 2.5% in December. In Egypt, several hundred thousand demonstrators gathered in the largest protest yet against President Hosni Mubarak’s rule. Mubarak later told television viewers he would not seek re-election.“Investors apparently have grown bored with the Middle East, preferring to focus on the improving U.S. economy instead,” Kevin Giddis, executive managing director at Morgan Keegan & Co. Inc., wrote in a note.

Tuesday's Closing Dow Numbers:

AT&T T $27.87 +0.35 1.27% 26,398,104 NYSE
Alcoa AA $17.32 +0.75 4.53% 55,766,524 NYSE
American Express AXP $43.6 +0.22 0.51% 11,406,034 NYSE
Bank of America BAC $14.31 +0.58 4.22% 211,862,229 NYSE
Boeing BA $70.29 +0.81 1.17% 4,780,802 NYSE
Chevron CVX $96.22 +1.29 1.36% 9,947,161 NYSE
CSCO $21.47 +0.32 1.51% 40,519,766 NASDAQ-GS
Coke KO $63.05 +0.20 0.32% 8,012,920 NYSE
DIS $39.88 +1.01 2.6% 9,282,981 NYSE
DuPont DD $51.66 +0.98 1.93% 7,933,023 NYSE
Exxon XOM $83.91 +3.23 4% 40,827,812 NYSE
GE $20.8 +0.66 3.28% 68,304,274 NYSE
Hewlett-Packard HPQ $46.52 +0.83 1.82% 14,484,176 NYSE
Home Depot HD $36.99 +0.22 0.6% 9,634,776 NYSE
Intel INTC $21.48 +0.02 0.09% 60,970,917 NASDAQ-GS
IBM $163.56 +1.56 0.96% 5,832,862 NYSE
JPMorgan JPM $45.93 +0.99 2.2% 28,248,678 NYSE
JNJ $60.63 +0.86 1.44% 14,780,437 NYSE
KFT $30.67 +0.10 0.33% 6,912,909 NYSE
MCD $73.47 -0.20 0.27% 8,472,800 NYSE
MRK $34 +0.83 2.5% 21,405,184 NYSE
MSFT $27.9925 +0.2675 0.96% 62,810,661 NASDAQ-GS
Pfizer PFE $19.22 +1 5.49% 134,506,141 NYSE
Procter & Gamble PG $62.92 -0.21 0.33% 14,628,632 NYSE
3M MMM $87.79 -0.13 0.15% 3,993,302 NYSE
TRV $56.81 +0.55 0.98% 4,064,086 NYSE
United UTX $81.83 +0.53 0.65% 3,524,691 NYSE
Verizon VZ $36.27 +0.65 1.82% 16,353,966 DualListed
WMT $56.33 +0.26 0.46% 12,851,298 NYSE


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The following are excerpts from Tuesday morning's Blog.

The Dow Jones Industrial Average closed Monday at 11,891.93 up 68.23 points or 0.58% from Friday's close of 11,823.70. For the year the Dow is up 2.72%. Of the 30 Dow Jones component companies 22 gained, Intel was unchanged and 7 declined. The biggest gainer dollar-wise was IBM $162 +2.79 1.75% 7,192,098 NYSE and percentage-wise was Exxon XOM $80.68 +1.69 2.14% 34,487,061 NYSE. The biggest decliner dollar-wise and percentage-wise was Procter & Gamble PG $63.13 -1.07 1.67% 12,559,077 NYSE.

WSJ pC1 "The Dow's rockin' new year" by Jonathan Cheng says blue chip stocks kicked off the new year with their strongest Jan in 14 years as a boom in corp rev and robust economic readings gave investors confidence that the US economy has turned a corner. Apart from last Fri's Egypt related stumble, the Dow didn't shed more than 40 points in any single day in Jan. Among Dow members, GE, IBM and Exxon each added 10% or more after announcing better than expected rev and earnings numbers. Each of them is now trading at its highest in at least 2 years. Charted under Good New is Exxon saying it reported its largest profit since '08, in part owing to exposure to Brent-linked crude, which rose over $100 a barrel on Mon, and Alcoa which agreed to pay $240 mil for an aerospace fastener business that TransDigm Group acquired last year int its $1.27 bil buy of McKechnie Aerospace.

Fin Times p24 "ExxonMobil burns bright after its strongest results since '08" by Michael Stothard says strong earnings results from Exxon and better thane expected consumer spending data lifted Wall St, helping to pare some of the sharp losses seen late last week. Exxon's share price is charted. Intel, the world's largest chipmaker by sales, was down for most of the session after saying it had discovered a design issue in a recently released support cip for is latest processors, prompting Intel to halt some shipments and warn of a rev shortfall.

NYT pB8 "Concerns about Egypt push oil prices higher" by Christine hauser says crude oil prices & stocks rose on Mon as the fin'l markets continued to keep an eye ont he situation in Egypt.

USA Today p4B "Stocks see second monthly gain in a row" by Bloomberg says US stocks rose Mon, notching a 2nd consecutive monthly gain for the S&P 500 index, as businesses expanded at the fastest pace since '88 and Exxon's profit beat estimates.

Monday's Dow Jones Industrial Average closing numerator was 1,571.27 up 9.01 from Friday's closing numerator of 1,562.26. 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 7.57 change in the average.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was $52.38 up $0.30 from Friday's Dow Jones Industrial Average average closing price of $52.08. The median closing price of Monday's Dow Jones Industrial Average was $45.32 (HPQ/JPM). The lowest volume was 3M MMM $87.92 +0.48 0.55% 4,114,276 NYSE and the highest volume was again Bank of America BAC $13.73 +0.13 0.96% 117,476,263 NYSE.

If Monday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $900 ($157,140 -$156,240).

MarketWatch Monday 1/31/11 4:59 by Kate Gibson says US stocks rose Monday, helping lift the Dow to its best January in 14 years, as investors took upheaval in Egypt in stride and Exxon Mobil Corp.’s results blew past expectations. “Overall, given what is going on in Egypt, it’s rather encouraging the market is holding up as well as it is,” said David Kelly, chief market strategist at J.P. Morgan Funds.
However, “we shouldn’t always assume the market reacts in a logical way to the daily news flow,” said Kelly. Recent data showed mutual-fund investors continuing to pull money out of bond funds and into equities in January, he noted. The Dow Jones Industrial Average (DJIA 11,892, +68.23, +0.58%) closed up 68.23 points, or 0.6%, to 11,891.93, led by more than 2% gains in Alcoa Inc. (AA 16.57, +0.44, +2.73%) and Exxon Mobil Corp. (XOM 80.68, +1.69, +2.14%) shares. On Friday, worries that increasingly violent protests in Egypt would spread to some of the region’s big oil-producing nations rattled investors. The Dow average made its biggest one-day drop since mid-November. For the month, the blue-chip average rose 2.7%, its first January gain in four years and its best January performance since 1997. “We can only hope that the January effect, in which the first month’s performance dictates the trend for the year, is in place for 2011,” noted Andrew Fitzpatrick, director of investments at Hinsdale Associates. Shares of Intel Corp. (INTC 21.46, 0.00, 0.00%) closed flat, shedding earlier losses, after the company said it would discontinue production of a computer chip found to have a design flaw, but raised its overall revenue forecast. The S&P 500 Index (SPX 1,286, +9.78, +0.77%) ended up 9.78 points, or 0.8%, at 1,286.12, with energy companies faring the best and consumer staples performing the worst. It rose 2.3% in January.
Shares of Exxon Mobil (XOM 80.68, +1.69, +2.14%) rose after the oil giant reported net income surged 53% to top $9 billion, and earnings per share of $1.85. Analysts expected EPS of $1.62. Massey Energy Co. (MEE 62.37, -0.49, -0.78%) fronted energy-sector gains on the S&P 500, its shares up 9.8% on a $7.1 billion buyout proposal by rival Alpha Natural Resources Inc. (ANR 53.71, -0.02, -0.04%).
The Nasdaq Composite Index (COMP 2,700, +13.19, +0.49%) added 13.19 points, or 0.5%, to 2,700.08. It rose 1.8% in January. For every stock falling Friday, more than two gained on the New York Stock Exchange, where 1.2 billion shares traded.
The major stock indexes had pared gains after Intel shares were halted pending a news release. The technology heavyweight revealed a chip-design flaw that will cost the company about $300 million in lost revenue. Stocks, however, were bolstered by economic data. An index of manufacturing in the Midwest rose more than expected and U.S. consumer spending climbed in December. Supporting energy stocks, crude-oil futures finished at more than two-year highs above $92 a barrel. “The market appears to be doing fine relative to all the political upheaval that we’ve seen over the last week or two. Usually if people are scared out of their minds, there would be a flight to quality in U.S. government bonds,” said Fred Fraenkel, vice chairman of Beacon Trust Co.Read emerging-markets report on Egypt. “We’re in a watch-and-wait period to see how all these things work out in the near term. But long term, the aspect of countries in the Middle East wanting to be less autocratic and more democratic is good,” he added.

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

AT&T T $27.52 +0.03 0.11% 29,236,626 NYSE: USA Today p1B "Verizons ays its ready for iPhone demand' by jefferson Graham says Verizon Wireless ays it will begin selling the iPhone 4 online Thurs morning at 3 am for existing Verizon subscribers and is ready. Until now AT&T was the exclusive carrier for the iPhone

Alcoa AA $16.57 +0.44 2.73% 28,761,926 NYSE: WSJ pC1 "The Dow's rockin' new year" by Jonathan Cheng says blue chip stocks kicked off the new year with their strongest Jan in 14 years as a boom in corp rev and robust economic readings gave investors confidence that the US economy has turned a corner. Apart from last Fri's Egypt related stumble, the Dow didn't shed more than 40 points in any single day in Jan. Among Dow members, GE, IBM and Exxon each added 10% or more after announcing better than expected rev and earnings numbers. Each of them is now trading at its highest in at least 2 years. Charted under Good New is Exxon saying it reported its largest profit since '08, in part owing to exposure to Brent-linked crude, which rose over $100 a barrel on Mon, and Alcoa which agreed to pay $240 mil for an aerospace fastener business that TransDigm Group acquired last year int its $1.27 bil buy of McKechnie Aerospace.

Amex AXP $43.38 -0.48 1.09% 9,906,795 NYSE: No mentions found.

Bank of America BAC $13.73 +0.13 0.96% 117,476,263 NYSE: WSJ pC10 "Bigger can be safer for bank investors" by David Reilly says a proposal to brign US accounting rules in line with internat'l ones would make banks separately show assets and liabilities associated with derivatives instead of showing a single figure which nets off the two. JPMorgan and Bank of America could see assets nearly double to more than $4 trillion each.

WSJ pC3 UK bank chieftains likely to take bonuses" by Sara Munoz, NYT pB5 "$10 mil in pay for Bank of America chief" by Nelson Schwartz say Brian Moynihan CEO of BofA will receive a 67% increase in his '11 compensation including stock valued at $9.05 mil.

Boeing BA $69.48 +0.25 0.36% 4,555,645 NYSE: Fin Times p18 "Boeing faces illegal subsidies ruling" by Peggy Hollinger says Boeing's 787 Dreamliner has benefited from illegal US gov subsidies that have distorted market competition per the World Trade Organization which will not publish is ruling for several weeks but it marks a key moment in a bitter 6 year trade dispute.

Caterpillar CAT $97.01 +1.33 1.39% 6,005,884 NYSE: No mentions found.

Chevron CVX $94.93 +1.56 1.67% 11,142,594 NYSE: WSJ pB4 "Exxon gets lift as oil prices blimb" by Isabel Ordonez says Exxon, the world's largest publicly traded oil firm, said its 4Q earnings surged 53% amid higher oil prices and the return to profitability of its refining arm, the latest sign that oil firms are benefiting from a healing world economy. Exxon's results follow last week's reports of soaring profits by Chevron and Conoco. Exxon['s profits rose to $9.25 bil or 1.85 a share from $6.05 bil or $1.27 a share a year earlier. It is its highest profit since 3Q '08.

CSCO $21.15 +0.22 1.05% 40,346,660 NASDAQ-GS: No mentions found.

Coke KO $62.85 +0.64 1.03% 7,830,785 NYSE: Daily Report p6 "Coke, other copanies scale back in Egypt" by Bloomberg says Coke is among the firms scaling back oeprations in Egypt as proesters take to the streets for the 7th day to protest agaisnt Pres. Hosni Mubarak.

DIS $38.87 +0.02 0.05% 8,198,346 NYSE: No mentions found.

DuPont DD $50.68 +0.39 0.78% 7,820,652 NYSE: No mentions found.

Exxon XOM $80.68 +1.69 2.14% 34,487,061 NYSE: WSJ pB4 "Exxon gets lift as oil prices blimb" by Isabel Ordonez, NYT pB3 "Exxon profit increases 53%, helped by higher oil prices" by Clifford Krauss, Fin Times p15 "Higher oil prices lift Exxon after big gas bet" by Ed Crooks, USA Today p1B "ExxonMobil earns $9.3 bil in quarter", NYT pB2 "Patience pays in the oil patch" by Chris Swann say Exxon, the world's largest publicly traded oil firm, said its 4Q earnings surged 53% amid higher oil prices and the return to profitability of its refining arm, the latest sign that oil firms are benefiting from a healing world economy. Exxon's results follow last week's reports of soaring profits by Chevron and Conoco. Exxon['s profits rose to $9.25 bil or 1.85 a share from $6.05 bil or $1.27 a share a year earlier. It is its highest profit since 3Q '08.

WSJ pC1 "The Dow's rockin' new year" by Jonathan Cheng says blue chip stocks kicked off the new year with their strongest Jan in 14 years as a boom in corp rev and robust economic readings gave investors confidence that the US economy has turned a corner. Apart from last Fri's Egypt related stumble, the Dow didn't shed more than 40 points in any single day in Jan. Among Dow members, GE, IBM and Exxon each added 10% or more after announcing better than expected rev and earnings numbers. Each of them is now trading at its highest in at least 2 years. Charted under Good New is Exxon saying it reported its largest profit since '08, in part owing to exposure to Brent-linked crude, which rose over $100 a barrel on Mon, and Alcoa which agreed to pay $240 mil for an aerospace fastener business that TransDigm Group acquired last year int its $1.27 bil buy of McKechnie Aerospace.

Fin Times p24 "ExxonMobil burns bright after its strongest results since '08" by Michael Stothard says strong earnings results from Exxon and better thane expected consumer spending data lifted Wall St, helping to pare some of the sharp losses seen late last week. Exxon's share price is charted. Intel, the world's largest chipmaker by sales, was down for most of the session after saying it had discovered a design issue in a recently released support cip for is latest processors, prompting Intel to halt some shipments and warn of a rev shortfall.

GE $20.14 +0.06 0.3% 51,460,247 NYSE: WSJ pC1 "The Dow's rockin' new year" by Jonathan Cheng says blue chip stocks kicked off the new year with their strongest Jan in 14 years as a boom in corp rev and robust economic readings gave investors confidence that the US economy has turned a corner. Apart from last Fri's Egypt related stumble, the Dow didn't shed more than 40 points in any single day in Jan. Among Dow members, GE, IBM and Exxon each added 10% or more after announcing better than expected rev and earnings numbers. Each of them is now trading at its highest in at least 2 years. Charted under Good New is Exxon saying it reported its largest profit since '08, in part owing to exposure to Brent-linked crude, which rose over $100 a barrel on Mon, and Alcoa which agreed to pay $240 mil for an aerospace fastener business that TransDigm Group acquired last year int its $1.27 bil buy of McKechnie Aerospace.

Hewlett-Packard HPQ $45.69 +0.18 0.4% 21,376,338 NYSE: No mentions found.

Home Depot HD $36.77 +0.07 0.19% 11,165,911 NYSE: No mentions found.

Intel INTC $21.46 unch unch 90,753,004 NASDAQ-GS: WSJ pB1 "Intel finds design flaw" by Don Clark, NYT pB8 "Intel, finding a chip flaw, expects to lose $1 bil" by Verne Kopytoff, Fin Times p18 "Fix for Intel's flawed chip to cost $700 mil with rev to suffer" by Chris Nuttall say Intel disclosed a design flaw in a chip that will delay the rollout of new computers based on its latest technology, & estimated the cost at about $1 bil in repairs and reduced rev. The product snafu, the costliest in Intel's history, easily surpasses a highly publicized glitch in its original Pentium line that triggered a $475 mil write off in '95. Nearly 8 mil of the accessory chips have been shipped since Jan 9 to hardware firms, which install them on motherboards in laptop & desktop PCs.

Fin Times p24 "ExxonMobil burns bright after its strongest results since '08" by Michael Stothard says strong earnings results from Exxon and better thane expected consumer spending data lifted Wall St, helping to pare some of the sharp losses seen late last week. Exxon's share price is charted. Intel, the world's largest chipmaker by sales, was down for most of the session after saying it had discovered a design issue in a recently released support cip for is latest processors, prompting Intel to halt some shipments and warn of a rev shortfall.

IBM $162 +2.79 1.75% 7,192,098 NYSE: WSJ pB4 "Bus tech spending picks up" by Dana Mattiolo says after delaying tech purchases and upgrades during the downturn, businesses started spending strongly again in 4Q, lifting profits at tech suppliers including EMC, IBM, SAP and Xerox.

JPMorgan JPM $44.94 +0.40 0.9% 23,493,828 NYSE: WSJ pC10 "Bigger can be safer for bank investors" by David Reilly says a proposal to brign US accounting rules in line with internat'l ones would make banks separately show assets and liabilities associated with derivatives instead of showing a single figure which nets off the two. JPMorgan and Bank of America could see assets nearly double to more than $4 trillion each.

Fin Times p22 "JPMorgan strikes important deal for longevity risk trading" by Paul Davies says JPMorgan has taken on the risk that members of a UK pension scheme will live longer than expected in a deal that is athe first to be done for people who are yet to retire. The longevity hedging trade, which was done for the pension plan of Pall, a US engineering firm, covers $112 mil worth of liabilities.

JNJ $59.77 -0.24 0.4% 19,032,536 NYSE: No mentions found.

KFT $30.57 +0.04 0.13% 10,797,521 NYSE: No mentions found.

MCD $73.67 +0.39 0.53% 6,367,758 NYSE: No mentions found.

MRK $33.17 +0.10 0.3% 14,144,114 NYSE: No mentions found.

Microsoft MSFT $27.725 -0.026 0.09% 64,997,109 NASDAQ-GS: WSJ pB7 "Microsoft phone sales make soft debut" by Evan Ramsad says Microsoft's new Windows Phone 7 software didn't fly off shelves after debuting over the holiday.s

Pfizer PFE $18.22 +0.07 0.39% 41,855,044 NYSE: No mentions found.

Procter & Gamble PG $63.13 -1.07 1.67% 12,559,077 NYSE: WSJ pC1 "Cost inflation puts a wrench into the works" says firms like Procter & Gamble and Starbucks are being squeezed by high prices for ingredients at the same time when only 58% of Americans are employed and those working saw only a year on year wage growth of just 1.7% in Dec.

3M MMM $87.92 +0.48 0.55% 4,114,276 NYSE: No mentions found.

Travelers TRV $56.26 +0.45 0.81% 6,748,223 NYSE: No mentions found.

United Tech UTX $81.3 -0.13 0.16% 4,275,479 NYSE: No mentions found.

Verizon VZ $35.62 -0.01 0.03% 14,478,904 DualListed: USA Today p1B "Verizons ays its ready for iPhone demand' by jefferson Graham says Verizon Wireless ays it will begin selling the iPhone 4 online Thurs morning at 3 am for existing Verizon subscribers and is ready. Until now AT&T was the exclusive carrier for the iPhone.

WMT $56.07 -0.63 1.11% 15,674,940 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 (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 1/10/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $378.5 [5]
2. Microsoft MSFT 241 [8.5]
3. GE 198 [10.5]
4. WalMart WMT 191.5 [3.5]
5. IBM 183.5 [1]
6. Procter & Gamble PG 182.5 [3]
7. Chevron CVX 182 [2]
8. Johnson & Johnson JNJ 171 [3]
9. JPMorgan Chase JPM 169.5 [4]
10. AT&T T 167.5 [6]
11. Coke KO 146 [2.5]
12. Pfizer PFE 146 [8]
13. Bank of America BAC 145 [10]
14. Intel INTC 115.5 [5.5]
15. Cisco CSCO 115.5 [5.5]
16. Merck MRK 115 [3]
17. Verizon VZ 107 [3]
18. Hewlett-Packard HPQ 98 [2]
19. McDonald's MCD 78 [1]
20. Disney DIS 74.5 [2]
21. United Technologies UTX 72.5 [1]
22. 3M MMM 62 [.5]
23. Caterpillar CAT 59.5 [.5]
24. Home Depot 56.5 [1.5]
25. Kraft KFT 54.5 [2]
26. American Express AXP 53.5 [1]
27. Boeing BA 51 [1]
28. DuPont DD 44.5 [1]
29. Travelers 24.5 [.5]
30. Alcoa AA 17 [1]

Here are the latest 8K, 10Q & 10K SEC filings as of 1/10/11:

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

AT&T T: 12/21/11 8K re: borrowing up to $8 bil
12/20/11 8K re: purchase of spectrum licenses from Walcomm
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: 12/16/11 8K re acquisition of Loyalty Partner, a marketing firm active in Germany, Poland & India
12/15/11 8K re; delinquency & write-off statistics through 10/31/10
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: 1/3/11 8K re: Agreement with Freddie Mac & Fannie Mae to repurchase $3 bil of loan to settle Countrywide dispute
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: 12/16/10 8K re: Nov. dealer statistics
12/14/10 8K re: changes to By-laws re: holding of Board meetings
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 12/17/10 8K re: pre-arranged exec stock trading plan
11/23/10 10Q for quarter ending 10/30/10

Coke KO 12/15/10 8K re: expiration of tender offer for notes
12/15 & 12/9/10 8Ks re: election of Howard G. Buffett to Board of Directors & Public Issue & Diversity Relations Committees
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 12/14/10 8K re: issuance of $5 bil of Noes
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: 12/16/10 8K re: departure of Director Sir William M. Castell
11/3/10 10Q re 9/30/10 results

Hewlett-Packard HPQ: 12/15/10 10K
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 Apotheker 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: 1/4/11 8K re: amendment of By-laws to decrease directors to 12
12/8/10 8K re: underwriting agreement re: debt
12/6/10 8K re: resignation of Cathleen Black from Board of Directors
10/26/10 10Q for period ending 9/30/10

JPMorganChase JPM: 12/13/10 8K re: termination of Replacement capital Covenants
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: 12/28/10 8K re: expiration & results of tender offer for notes
12/22/10 8K re: adoption of long term exec comp. program
212/13/10 28Ks re: status of tender offerfor notes
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: 12/20/10 8K re: departure and settlement re: Denis Hennequin as Pres. of MCD Europe
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% notes due '16
11/30/10 8K re: election of Kenneth C. Frazier a CEO with Richard T. Clark staying 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: 12/17/10 8K re: proposed settlement of shareholder derivative lawsuit in US Dist. Ct. SDNY
12/16/10 8K re: election of George A. Lorch as non-Exec Chair
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: 12/14/10 8K re: election of Susan Desmond-Hellmann, 53, Chancellor of U of Cal. SF to Board
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: 12/29/10 8K re: updated fin'l info re: divestiture of properties as a result of acquisition of Alltel Corp. in Jan '09
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