2/23/11 Wed pm Dow Closes at 12,105.78 down 107.014 points or 0.88%

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Post No. 888 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 February 14, 2011.

The Dow Jones Industrial Average closed Wednesday at 12,212.79 down 107.01 points or 0.88% from Tuesday's close of 12,212.79. Of the 30 Dow Jones component companies 5 gained, Microsoft was unchanged and 24 declined. The biggest gainer dollar-wise and percentage wise was Chevron CVX $100.3 +1.58 1.6% 14,368,067 NYSE. The biggest decliner dollar-wise and percentage-wise was Hewlett-Packard HPQ $43.59 -4.64 9.62% 96,523,691 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 14.96 down from Tuesday's 15.18 (year ago it was 16.07); the P/E estimate is 12.87 unchanged from Tuesday's 12.87 (year ago it was 12.85), and the dividend yield is 2.37 up from Tuesday's 2.34 (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 1,599.53 down 14.14 from Tuesday's closing numerator of 1,613.67. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator decrease for today by the divisor (0.132129493) you get the decrease 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 Wednesday's Dow Jones Industrial Average was $53.32 down $0.47 from Tuesday's Dow Jones Industrial Average average closing price of $53.79. The median closing price of Tuesday's Dow Jones Industrial Average was $47.06 (HPQ/JPM) down 1.26 from Tuesday's median closing price of $47.06. The lowest volume was United Technologies UTX $83. NYSE and the highest volume was again Bank of America BAC $14.17 -0.01 0.07% 193,352,421 NYSE.

If Wedneesday 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 lost $1,414($161,367 - $159,953)

MarketWatch Wednesday 2/23/11 5:13 by Kate Gibson says U.S. stocks fell significantly for a second straight day Wednesday, with the Dow industrials suffering triple-digit declines in back-to-back sessions for the first time in eight months as crude oil topped $100 a barrel. A day after its biggest drop since Nov. 16, the Dow Jones Industrial Average (DJIA 12,106, -107.01, -0.88%) tumbled another 107.01 points, or 0.9%, to end at 12,105.78, led lower by Hewlett-Packard Co. (HPQ 43.69, +0.10, +0.23%) H-P shares ended down 9.6% after CEO Leo Apotheker warned late Tuesday that revenue for the current fiscal year would be below earlier expectations. Oil spikes to $100 a barrelOil prices surged, propelled by upheaval in Libya and disruptions to its crude supplies. Nymex futures rose to $100 a barrel, the contract's highest price since 2008.
Stocks took it on the chin as the price of crude-oil futures touched $100 a barrel for the first time since October 2008, as violent conflict in Libya threatened exports, especially if that upheaval extends to other oil producers in the region. Oil (CLJ11 98.97, +3.55, +3.72%) for April delivery ended at $98.10 a barrel, up $2.68, or 2.8%, after hitting a high of $100.01 during the session. On Wednesday, Col. Moammar Gadhafi reportedly maintained control of Libya’s capital, but large chunks of the eastern portion of the country were in the hands of rebels as the effort to end his more than 40 years in power reached additional Libyan cities.
“The strife in Libya carries implications that extend well past its borders and clouds the immediate-term outlook for the investment markets,” noted Kevin Giddis, executive managing director and fixed-income analyst at Morgan Keegan. After a 2.1% drop Tuesday that marked its worst decline since Aug. 11, the Standard & Poor’s 500 Index (SPX 1,307, -8.04, -0.61%) fell 8.04 points, or 0.6%, to end at 1307.40.
Of the S&P’s 10 industry sectors, energy performed best, with Cabot Oil & Gas Corp. (COG 44.78, +4.95, +12.43%) up 12%, Chesapeake Energy Corp. (CHK 34.44, +0.11, +0.32%) rising 7.3% and Range Resources Corp. (RRC 51.89, -0.36, -0.70%) climbing 7.4%. Heavy users of energy were among those hit hardest, with shipper FedEx Corp. (FDX 89.50, +0.25, +0.28%) down 4.3% and off the S&P 500, passenger carrier US Airways Group Inc. (LCC 8.52, +0.03, +0.29%) off 7.4%. The Dow Transports (DJT 4,986, -107.02, -2.10%) fell 2.1%. The Nasdaq Composite Index (COMP 2,723, -33.43, -1.21%) declined 33.43 points to 2,722.99. Decliners outpaced advancers nearly 2-to-1 on the New York Stock Exchange, where volume topped 1.3 billion shares. Composite volume topped 5.9 billion.
Stocks got little help from the day’s economic data. Existing-home sales rose to 5.36 million in January from 5.22 million in December. Wall Street’s two-day decline marks its second sizable retrenchment this year; the first came in late January, as investors worried about then-escalating violence in Egypt.

Wednesday's Closing Dow Numbers:


At&T T $28.03 -0.17 0.6% 24,619,314 NYSE
Alcoa AA $16.44 -0.10 0.6% 39,329,285 NYSE
Amex AXP $43.44 -0.85 1.92% 9,823,870 NYSE
Bank of Am BAC $14.17 -0.01 0.07% 193,352,421 NYSE
Boeing BA $70.23 -0.70 0.99% 5,538,183 NYSE
Caterpillar CAT $100.02 -1.99 1.95% 8,893,800 NYSE
Chevron CVX $102.27 +1.95 1.94% 17,052,479 NYSE
CSCO $18.4 -0.19 1.02% 89,005,454 NASDAQ-GS
Coke KO $63.91 +0.15 0.24% 9,071,887 NYSE
Disney DIS $42.13 -0.52 1.22% 18,767,427 NYSE
DuPont DD $53.71 -0.67 1.23% 10,225,183 NYSE
Exxon XOM $87.07 +1.63 1.91% 38,392,118 NYSE
GE $20.37 -0.45 2.16% 84,621,029 NYSE
Hewlett-Packard HPQ $43.59 -4.64 9.62% 96,523,691 NYSE
Home Depot HD $37.3 -0.79 2.07% 15,066,419 NYSE
Intel INTC $21.15 -0.66 3.03% 83,080,012 NASDAQ-GS
IBM $160.18 -1.77 1.09% 5,974,589 NYSE
JPMorgan JPM $45.96 -0.05 0.11% 35,883,437 NYSE
JNJ $60.39 -0.26 0.43% 12,069,803 NYSE
KFT $31.68 +0.21 0.67% 18,160,846 NYSE
MCD $75.19 -0.51 0.67% 7,015,181 NYSE
MRK $32.09 -0.25 0.77% 16,749,962 NYSE
MSFT $26.59 unch unch 52,916,989 NASDAQ-GS
Pfizer PFE $18.76 -0.13 0.69% 42,319,454 NYSE
PG $64.15 0.08 0.12% 11,676,138 NYSE
MMM $90.26 1.74 1.89% 5,347,959 NYSE
TRV $60.42 0.11 0.18% 5,691,801 NYSE
UTX $82.79 0.77 0.92% 5,156,743 NYSE
VZ $35.81 0.19 0.53% 14,984,062 DualListed
WMT $53.03 0.64 1.19% 20,090,587 NYSE


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

A read of the print editions of Wednesday's Wall St. Journal, Financial Times, NY Times, USA Today, Atlanta Journal Constitution, & Daily Report (GA) (carries Bloomberg) 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 Jones Industrial Average: The Dow Jones Industrial Average closed Tuesday at 12,212.79 down 178.46 points or 1.44% from Friday's close of 12,391.25. For the year the Dow is up 5.49%. Of the 30 Dow Jones component companies 3 gained and 27 declined. The biggest gainer dollar-wise was Chevron CVX $100.3 +1.58 1.6% 14,368,067 NYSE and percentage-wise was Kraft KFT $31.5 +0.59 1.91% 12,678,695 NYSE. The biggest decliner dollar-wise was Caterpillar CAT $101.84 -4.02 3.8% 7,610,583 NYSE and percentage-wise was Alcoa AA $16.545 -0.735 4.25% 44,360,940 NYSE.

WSJ pC5 "Wal-Mart slides as stocks take a beating" by Kristina Peterson says the stock market plummeted Tues in its biggest drop of the year as escalating tensions in the Mid East & N. Africa sent oil prices soaring. Walmart weighed on the Dow sliding $1.71 after it's fiscal 4Q profit rose 27% capitalizing on strength in its int'l biz, but its US operations continued to struggle as it posted its 7th straight quarter of lower US same store sales. Bank of America fell 57 cents after its credit card sub restated 8 quarters of reports due to a $20.3 bil wriete down due to new regs. Alcoa was also weak tumbling 74 cents. Energy stocks gained as Chevron gained $1.60 & Exxon rose 94 cents. Home Depot slipped 39 cents even afgter its 4Q profit climbed 72% boosted by heavy demand in snow removal gear. Chated under Bad News are Walmart and Bank of America.

NYT pA1 "Oil price soars as Libyan furor shakes markets' by Clifford Krauss & Christine Hauser says the political turmoil sweeping the Arab world drove oil prices sharply higher and stocks much lower on Tues despite efforts by Saudi Arabia to calm turbulent markets.

Fin times p24 "Disappoining Walmart results & Libyan fears sparks declines" by Michael Storthard says these factors caused Wall St. to suffer its sharpest one day fall in 6 months.

USA Today p4B "Reports at home, abroad batter stocks" by Bloomberg says stocks tumbled Tues, giving the S&P 500 its biggest decline since Aug, as violence escalated in Libya, & Walmart Stores reported sales that trailed its own forecast. Bank of America slid 57 cents as it raised the goodwill impairment in its credit card biz to reflect increased defaults.

The Dow Jones Industrial Average closed Tuesday at 12,212.79 down 178.46 points or 1.44% from Friday's close of 12,391.25. For the year the Dow is up 5.49%. Of the 30 Dow Jones component companies 3 gained and 27 declined. The biggest gainer dollar-wise was Chevron CVX $100.3 +1.58 1.6% 14,368,067 NYSE and percentage-wise was Kraft KFT $31.5 +0.59 1.91% 12,678,695 NYSE. The biggest decliner dollar-wise was Caterpillar CAT $101.84 -4.02 3.8% 7,610,583 NYSE and percentage-wise was Alcoa AA $16.545 -0.735 4.25% 44,360,940 NYSE.

WSJ pC5 "Wal-Mart slides as stocks take a beating" by Kristina Peterson says the stock market plummeted Tues in its biggest drop of the year as escalating tensions in the Mid East & N. Africa sent oil prices soaring. Walmart weighed on the Dow sliding $1.71 after it's fiscal 4Q profit rose 27% capitalizing on strength in its int'l biz, but its US operations continued to struggle as it posted its 7th straight quarter of lower US same store sales. Bank of America fell 57 cents after its credit card sub restated 8 quarters of reports due to a $20.3 bil wriete down due to new regs. Alcoa was also weak tumbling 74 cents. Energy stocks gained as Chevron gained $1.60 & Exxon rose 94 cents. Home Depot slipped 39 cents even afgter its 4Q profit climbed 72% boosted by heavy demand in snow removal gear. Chated under Bad News are Walmart and Bank of America.

NYT pA1 "Oil price soars as Libyan furor shakes markets' by Clifford Krauss & Christine Hauser says the political turmoil sweeping the Arab world drove oil prices sharply higher and stocks much lower on Tues despite efforts by Saudi Arabia to calm turbulent markets.

Fin times p24 "Disappoining Walmart results & Libyan fears sparks declines" by Michael Storthard says these factors caused Wall St. to suffer its sharpest one day fall in 6 months.

USA Today p4B "Reports at home, abroad batter stocks" by Bloomberg says stocks tumbled Tues, giving the S&P 500 its biggest decline since Aug, as violence escalated in Libya, & Walmart Stores reported sales that trailed its own forecast. Bank of America slid 57 cents as it raised the goodwill impairment in its credit card biz to reflect increased defaults.

Tuesday's Dow Jones Industrial Average closing numerator was 1,613.67 down 24.09 from Friday's closing numerator of 1,637.38. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator decrease for today by the divisor (0.132129493) you get the decrease 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 $53.79 down $0.79 from Friday's Dow Jones Industrial Average average closing price of $54.58. The median closing price of Tuesday's Dow Jones Industrial Average was $47.06 (HPQ/JPM) down 1.26 from Friday's median closing price of $48.31. The lowest volume was United Technologies UTX $83.56 -1.45 1.71% 3,854,602 NYSE and the highest volume was again Bank of America BAC $14.15 -0.60 4.07% 172,160,889 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 lost $2,371($163,738 - $161,367)

Tuesday's Dow Jones Industrial Average closing numerator was 1,613.67 down 24.09 from Friday's closing numerator of 1,637.38. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator decrease for today by the divisor (0.132129493) you get the decrease 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 $53.79 down $0.79 from Friday's Dow Jones Industrial Average average closing price of $54.58. The median closing price of Tuesday's Dow Jones Industrial Average was $47.06 (HPQ/JPM) down 1.26 from Friday's median closing price of $48.31. The lowest volume was United Technologies UTX $83.56 -1.45 1.71% 3,854,602 NYSE and the highest volume was again Bank of America BAC $14.15 -0.60 4.07% 172,160,889 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 lost $2,371($163,738 - $161,367)

MarketWatch Tuesday 2/22/11 4:22 by Kate Gibson says U.S. stocks fell sharply Tuesday, with the Dow Jones Industrial Average taking its hardest point hit in three months, as the price of crude surged and Wall Street grappled with escalating violence in oil-rich Libya. "If the price of a gallon of milk goes up the American consumer is poorer but the American farmer is richer. If the price of oil goes up, the American consumer is poorer and [Iranian President Mahmoud] Ahmadinejad is richer," said David Kelly, chief market strategist at JPMorgan Funds. The Dow Jones Industrial Average (DJIA 12,213, -178.46, -1.44%) fell 178.46 points, or 1.4%, to 12,212.79. The Standard & Poor's 500 Index (SPX 1,315, -27.57, -2.05%) declined 25.57 points, or 2.1%, to 1,315.44. The Nasdaq Composite Index (COMP 2,756, -77.53, -2.74%) shed 77.53 points, or 2.7%, to 2,756.42.

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

AT&T T $28.16 -0.41 1.44% 23,460,382 NYSE: No mentions found.

Alcoa AA $16.545 -0.735 4.25% 44,360,940 NYSE: WSJ pC5 "Wal-Mart slides as stocks take a beating" by Kristina Peterson says the stock market plummeted Tues in its biggest drop of the year as escalating tensions in the Mid East & N. Africa sent oil prices soaring. Walmart weighed on the Dow sliding $1.71 after it's fiscal 4Q profit rose 27% capitalizing on strength in its int'l biz, but its US operations continued to struggle as it posted its 7th straight quarter of lower US same store sales. Bank of America fell 57 cents after its credit card sub restated 8 quarters of reports due to a $20.3 bil wriete down due to new regs. Alcoa was also weak tumbling 74 cents. Energy stocks gained as Chevron gained $1.60 & Exxon rose 94 cents. Home Depot slipped 39 cents even afgter its 4Q profit climbed 72% boosted by heavy demand in snow removal gear. Chated under Bad News are Walmart and Bank of America.

American Express AXP $44.29 -1.24 2.72% 8,018,277 NYSE: WSJ pC9 "Issuers get improving report card" by maya Randall says the nation's new consumer watchdog agency said Bank of America, American Express, Citigroup, Capital One, JPMorgan & Wells Fargo have eased up on credit card rate increases & have turned mroe consuemr friendly.

Bank of America BAC $14.15 -0.60 4.07% 172,160,889 NYSE: USA Today p4B "Reports at home, abroad batter stocks" by Bloomberg says stocks tumbled Tues, giving the S&P 500 its biggest decline since Aug, as violence escalated in Libya, & Walmart Stores reported sales that trailed its own forecast. Bank of America slid 57 cents as it raised the goodwill impairment in its credit card biz to reflect increased defaults.

WSJ pC5 "Wal-Mart slides as stocks take a beating" by Kristina Peterson says the stock market plummeted Tues in its biggest drop of the year as escalating tensions in the Mid East & N. Africa sent oil prices soaring. Walmart weighed on the Dow sliding $1.71 after it's fiscal 4Q profit rose 27% capitalizing on strength in its int'l biz, but its US operations continued to struggle as it posted its 7th straight quarter of lower US same store sales. Bank of America fell 57 cents after its credit card sub restated 8 quarters of reports due to a $20.3 bil wriete down due to new regs. Alcoa was also weak tumbling 74 cents. Energy stocks gained as Chevron gained $1.60 & Exxon rose 94 cents. Home Depot slipped 39 cents even afgter its 4Q profit climbed 72% boosted by heavy demand in snow removal gear. Chated under Bad News are Walmart and Bank of America.

WSJ pC9 "Issuers get improving report card" by maya Randall says the nation's new consumer watchdog agency said Bank of America, American Express, Citigroup, Capital One, JPMorgan & Wells Fargo have eased up on credit card rate increases & have turned mroe consuemr friendly.

Boeing BA $70.86 -2.18 2.98% 4,967,940 NYSE: No mentions found.

Caterpillar CAT $101.84 -4.02 3.8% 7,610,583 NYSE: No mentions found.

Chevron CVX $100.3 +1.58 1.6% 14,368,067 NYSE: WSJ pC5 "Wal-Mart slides as stocks take a beating" by Kristina Peterson says the stock market plummeted Tues in its biggest drop of the year as escalating tensions in the Mid East & N. Africa sent oil prices soaring. Walmart weighed on the Dow sliding $1.71 after it's fiscal 4Q profit rose 27% capitalizing on strength in its int'l biz, but its US operations continued to struggle as it posted its 7th straight quarter of lower US same store sales. Bank of America fell 57 cents after its credit card sub restated 8 quarters of reports due to a $20.3 bil wriete down due to new regs. Alcoa was also weak tumbling 74 cents. Energy stocks gained as Chevron gained $1.60 & Exxon rose 94 cents. Home Depot slipped 39 cents even afgter its 4Q profit climbed 72% boosted by heavy demand in snow removal gear. Chated under Bad News are Walmart and Bank of America.

Cisco CSCO $18.59 -0.26 1.38% 74,032,696 NASDAQ-GS: WSJ pB5 "Rivals take aim at Cisco's core" by Cari Tuna says says Hewlett-Packard has launched a discount program aimed for Cisco customers as Cisco, which has long dominated the business of selling the switching systems that connect computers are now facing competition mainly from Hewlett-Packard and Juniper.

Coke KO $63.7 -0.85 1.32% 7,981,607 NYSE: No mentions found.

DIS $42.61 -0.95 2.18% 12,975,880 NYSE: No mentions found.
No mentions found.
DuPont DD $54.38 -1.60 2.86% 7,921,195 NYSE:

Exxon XOM $85.34 +0.84 0.99% 29,485,838 NYSE: WSJ pC5 "Wal-Mart slides as stocks take a beating" by Kristina Peterson says the stock market plummeted Tues in its biggest drop of the year as escalating tensions in the Mid East & N. Africa sent oil prices soaring. Walmart weighed on the Dow sliding $1.71 after it's fiscal 4Q profit rose 27% capitalizing on strength in its int'l biz, but its US operations continued to struggle as it posted its 7th straight quarter of lower US same store sales. Bank of America fell 57 cents after its credit card sub restated 8 quarters of reports due to a $20.3 bil wriete down due to new regs. Alcoa was also weak tumbling 74 cents. Energy stocks gained as Chevron gained $1.60 & Exxon rose 94 cents. Home Depot slipped 39 cents even afgter its 4Q profit climbed 72% boosted by heavy demand in snow removal gear. Charted under Bad News are Walmart and Bank of America.

GE $20.785 -0.655 3.06% 66,607,874 NYSE: No mentions found.

Hewlett-Packard HPQ $48.074 -0.596 1.22% 20,831,019 NYSE: WSJ pB5 "Rivals take aim at Cisco's core" by Cari Tuna says says Hewlett-Packard has launched a discount program aimed for Cisco customers as Cisco, which has long dominated the business of selling the switching systems that connect computers are now facing competition mainly from Hewlett-Packard and Juniper.

WSJ pB1 "H-P trips on weak PC sales, services" by Ben Worthen, USA Today p1B "HP says quarterly earnings up 16%", NYT pB7 "HP earnngs rise, bu sales miss forecasts" by AP, AJC pA10 HP's earnings not up to expectations" says Hewlett-Packard's earnings jumped 16% as it benefited from expanded efforts to sell tech to businesses but its rev growth fell short of Wall St targets. It had net income of $2.61 bil or 1.17 per share, v 2.25 bil or 93 cents per share a year ago. Rev grew 4% to $32.3 bil vs predicted $32.96. HP reported after the market closed.

Home Depot HD $38.09 -0.39 1.01% 19,551,536 NYSE: , AJC pA9 "Home Depot stabilizing as profits surge" by Arielle Kass says Home Depot earned $587 mil in 4Q and $3.34 bil for the fiscal year ending in Jan, vs $42 mil & $2.66 bil for the same periods in '09. Earnings per share doubled in 4Q to 36 cents a share from 18 cents a share, and rose to $2.03 a share for the eyar from $1.56. There was a large increase in big ticket purchases in 4Q. Housing remains soft but shoppers are spending on core repair and remodeling projects.

USA Today p5B "Best Buy, Home Depot find China market a tough sell" by Calum MacLeaod says the two retailers retrench after facing consumer resistance. On 1/21, Home Depot shut its last Beijing store, the 5th HD store closure in China int he past 2 years, leaving just 7 of the 12 stores it bought in '06 by buying local chain Home Way.

WSJ pC5 "Wal-Mart slides as stocks take a beating" by Kristina Peterson says the stock market plummeted Tues in its biggest drop of the year as escalating tensions in the Mid East & N. Africa sent oil prices soaring. Walmart weighed on the Dow sliding $1.71 after it's fiscal 4Q profit rose 27% capitalizing on strength in its int'l biz, but its US operations continued to struggle as it posted its 7th straight quarter of lower US same store sales. Bank of America fell 57 cents after its credit card sub restated 8 quarters of reports due to a $20.3 bil wriete down due to new regs. Alcoa was also weak tumbling 74 cents. Energy stocks gained as Chevron gained $1.60 & Exxon rose 94 cents. Home Depot slipped 39 cents even afgter its 4Q profit climbed 72% boosted by heavy demand in snow removal gear. Charted under Bad News are Walmart and Bank of America.

Intel INTC $21.81 -0.33 1.49% 63,609,602 NASDAQ-GS: No mentions found.

IBM $162.0999 -2.7401 1.66% 4,446,544 NYSE: WSJ pA15 "Watson doesn't know it won on Jeopardy" by John Searle discusses ther ecnt vicotry of the IBM computer on the TV show.

JPMorgan JPM $46.05 -1.95 4.06% 39,546,756 NYSE: Fin Times p13 "JPMorgan eyes China trust" by Henny Sender says JPMorgan & Fidelity are among the overseas banks & asset manages preparing to apply for trust company licenses in China as the sector attracts a fresh wave of foreign investor interest.

WSJ pC9 "Issuers get improving report card" by maya Randall says the nation's new consumer watchdog agency said Bank of America, American Express, Citigroup, Capital One, JPMorgan & Wells Fargo have eased up on credit card rate increases & have turned mroe consuemr friendly.

JNJ $60.61 -0.50 0.82% 9,938,795 NYSE: No mentions found.

Kraft KFT $31.5 +0.59 1.91% 12,678,695 NYSE: No mentions found.

McDonald's MCD $75.62 -0.51 0.67% 6,512,740 NYSE: No mentions found.

MRK $32.31 -0.54 1.64% 16,006,586 NYSE: No mentions found.

Microsoft MSFT $26.59 -0.47 1.74% 59,883,872 NASDAQ-GS: WSJ pB5 "Microsoft China R&D push" by Yun-Hee Kim says Microsoft will expand its r&d staff in China this year by 10%.

Pfizer PFE $18.865 -0.325 1.69% 57,984,730 NYSE: WSJ pB3 "Vaccine makes shielded from suis" by Brent Kendall says the Supreme Ct handed a victory to vaccine makers ruling that the US law shields them from product liability suits alleging defects in a vaccine's design in a Pa case of a girl who suffered impairments after receiving a diptheria, tetanus and pertussis vaccine made by Wyeth, now part of Pfizer.

Procter & Gamble PG $64.07 -0.23 0.36% 8,915,186 NYSE: WSJ pD1 "Whiens, Brightens & confuses" by Ellen Byrons ays Procter & Gamble maker of Crest, says it has reduced the number of oral care products it makes world wide in he past 2 years as stores are trying to simplify all the different types of toothpaste and are becoming annoyed.

MMM $92 -0.96 1.03% 4,966,881 NYSE: No mentions found.

Travelers TRV $60.53 -0.39 0.64% 5,394,418 NYSE: No mentions found.

United Technologies UTX $83.56 -1.45 1.71% 3,854,602 NYSE: No mentions found.

Verizon VZ $36 -0.62 1.69% 14,237,699 DualListed: No mentions found.

Walmart WMT $53.67 -1.71 3.09% 28,491,038 NYSE: WSJ pB3 "Wal-Mart's slump persists" by Miguel Bustillo, Fin Times p15 "Walmart warns of slow recovery after flat sales" by Jonathan Birchall, WSJ pC14 "Walmart's tough work experience" by John Jannarone, NYT pB1 "US sales at Walmart show decline" by Stephanie Clifford, AJC pA9 "Walmart sees drop in shoppers" by AP says Walmart reported 1.8% decline in rev at US discount stores open at least a year, tis 7th straight quarerly drop and was worse than expected.

USA Today p4B "Reports at home, abroad batter stocks" by Bloomberg says stocks tumbled Tues, giving the S&P 500 its biggest decline since Aug, as violence escalated in Libya, & Walmart Stores reported sales that trailed its own forecast. Bank of America slid 57 cents as it raised the goodwill impairment in its credit card biz to reflect increased defaults.

WSJ pC5 "Wal-Mart slides as stocks take a beating" by Kristina Peterson says the stock market plummeted Tues in its biggest drop of the year as escalating tensions in the Mid East & N. Africa sent oil prices soaring. Walmart weighed on the Dow sliding $1.71 after it's fiscal 4Q profit rose 27% capitalizing on strength in its int'l biz, but its US operations continued to struggle as it posted its 7th straight quarter of lower US same store sales. Bank of America fell 57 cents after its credit card sub restated 8 quarters of reports due to a $20.3 bil wriete down due to new regs. Alcoa was also weak tumbling 74 cents. Energy stocks gained as Chevron gained $1.60 & Exxon rose 94 cents. Home Depot slipped 39 cents even afgter its 4Q profit climbed 72% boosted by heavy demand in snow removal gear. Chrated under Bad News are Walmart and Bank of America.

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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 2/14/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $428 [5]
2. Procter & Gamble PG 258.5 [4]
3. GE 229 [10.5]
4. Microsoft MSFT 233 [8.5]
5. IBM 203 [1]
6. WalMart WMT 195 [3.5]
7. Chevron CVX 195 [2]
8. JPMorgan Chase JPM 182 [4]
9. AT&T T 169 [6]
10. Johnson & Johnson JNJ 166.5 [3]
11. Pfizer PFE 152.5 [8]
12. Bank of America BAC 150 [10]
13. Coke KO 146.5 [2.5]
14. Intel INTC 120.5 [5.5]
15. Verizon VZ 106.5 [3]
16. Hewlett-Packard HPQ 105 [2]
17. Cisco CSCO 104 [5.5]
18. Merck MRK 101 [3]
19. Disney DIS 82 [2]
20. McDonald's MCD 80.5 [1]
21. United Technologies UTX 78.5 [1]
22. 3M MMM 65.5 [.5]
23. Caterpillar CAT 65.5 [.5]
24. Home Depot 61.5 [1.5]
25. American Express AXP 56 [1]
26. Kraft KFT 53 [2]
27. Boeing BA 53 [1]
28. DuPont DD 50 [1]
29. Travelers TRV 27 [.5]
30. Alcoa AA 18 [1]

Here are the latest 8K, 10Q & 10K & Proxy SEC filings as of 2/14/11:

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

AT&T T: 1/27/11 2 8Ks re: 4Q results
1/13/11 8K re: change of accounting for pension
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

Alcoa AA: 2/11/11 8K re: resignation of Carlos Ghosen, CEO of Nissan, from Board of Directors
2/3/11 8K re: FD disclosaure re: flat rolled growth opport'ties in Europe
1/25/11 & 1/21/11 8Ks re: contributions to pension plan
1/13/11 8K re: transcript of 4Q earnings call
1/11/11 8K re: 4Q results
12/8 8K Olivier Jarrault named Pres. Alcoa Engineered Products
11/30/11 8K re: pesonnel changes in management

American Express AXP: 1/18/11 8K re: comp to CEO Chanault
1/24/11 & 1/19/11 8K re 4Q results
1/18/11 8K re: write-off statistics for quarter ending 12/31/10
12/16/11 8K re acquisition of Loyalty Partner

Bank of Am BAC: 1/31/11 8K re: compensation of officers
1/21/11 8K re: 4Q & FY 2010 results
1/3/11 8K re: Agreement with Freddie Mac & Fannie Mae to repurchase $3 bil of loan to settle Countrywide dispute

Boeing BA: 2/9/11 10K & 1/26/11 8K re: 12/31/10 results & FY 2011 guidance
1/11/11 8K re: resignation of William M. Daley from Board to be Chief of Staff to Pres. Obama
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: 1/27/11 8K re 12/10 deale statistics
1/27/11 8K re: results for 4Q and FY ended 2010
1/21/11 8K re: stocholders approval of acquisition of Bu8cyrus Int'l Inc.
1/20/11 8K re: Justice Dept. request for Hart-Scott-Rodino iinfo re: Bucyrus purchase
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

Chevron CVX: 2/1 8K re: compensation to officers including CEO John Watson
1/28/11 & 1/11/11 8K re 4Q results

Cisco CSCO 2/9/11 8K 2Q results
1/31/11 8K re: agreement re: issuance of $3 bil of commercial paper
12/17/10 8K re: pre-arranged exec stock trading plan

Coke KO 2/9/11 8K re: results for 4Q and FY 2010
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

Disney DIS 2/8/11 10Q & 2/8/11 8K re: 1Q results
1/28/11 Proxy statement for annual sahreholder meeting to be held 3/23/11 at Salt Lake City, Utah
12/14/10 8K re: issuance of $5 bil of Notes
11/24/10 10K for year ending 10/2/10

DuPont DD: 2/8/11 10K re FY 12/31/10
1/27/11 8K re: compensation for CEO Ellen Kullman
1/25/11 8K re: results for quarter ended 12/31/10
1/12/11 8K re: acquisition of Danish firm, Danisco
12/10 8K re: retirement of Jeffrey L. Keefer as EVP

ExxonMobil XOM: 1/31/11 8K re: 4Q and FY 2010 results
11/30/10 8K re: revisions to officers' compensation plan

GE: 2/14/11 8K re: amendments to bylaws re: calling of special meetings of shareholders
1/31/11 8K re: closing of Comcast deal giving it control of NBC Universal
1/21/11 8K re: 4Q and FY '10 results
12/16/10 8K re: departure of Director Sir William M. Castell

Hewlett-Packard HPQ: 2/1/11 Proxy statement re: 3/23/11 shareholders meeting
1/20/11 8K re: election of 5 new members to Board of Directors
12/15/11 10K re: FY 10/31/10
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: 1/12/11 8K re: promotion of Aaron Carmack as Pres. of Home Depot Canada
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: 1/31/11 8K re: 4Q results & 2011 guidance
1/26/11 8K re: amendment to stock option plan
1/24/11 8K re: dividend and shre repurchase program (increase)
1/14/11 & 1/13/11 8Ks re: results of quarter ended 12/25/11 & 2011 guidance
1/10/11 8K re: patent agreement with NVIDIA Corp.
11/12/10 8K re: 15% increase of quarterly cash dividend

IBM: 1/28/11 8K re: compensation to officers including CEO Sam Palmisano
1/27/11 8K re: bylaw amendment re: holding of stockholder meetings
1/19/11 & 1/18/11 8K re: 4Q results and 12/31/10 FY
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

JPMorganChase JPM: 1/14/11 2 8Ks re: 4Q results
12/29/10 8K re: results of tender offer for 5.8% securities
12/22/11 8K re: purchase of 25 Bank St in Canary Wharf as London Investment banking headquarters
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

Johnson & Johnson JNJ : 1/25/11 8K re: 4Q results ending 1/2/11

Kraft KFT: 2/10/11 8K re: 4Q & FY 2010 results
1/31/11 8K re: status of lawsuit with Starbucks
1/24/11 8K re: amendment to articles of incorproation to eliminate Class B common Stock and amendment to bylaws re: shareholder meetings
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

McDonalds MCD: 2/8/11 8K re: Jan 2011 global sales
2.7/11 8K re: election to the Board of Donald Thompson, Pres. & CEO
1/24/11 8K re: 4Q & FY 2010 results
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

Merck MRK: 2/3/11 8K re: 4Q results
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

Microsoft MSFT: 2/8/11 8K re: underwriting agreement for $750 mil of 2.5% Notes due 2016
1/27/11 10 & 1/27/11 8K for quarter ended 12/31/10
11/19/10 8K re: results of 11/16/10 Annual Meeting of Shareholders

Pfizer PFE: 2/1/11 8K re: 4Q results & reduction of research & development facilities
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: 2/11/11 8K re: election of Meg Whitman to Baord of Directors
2/1/11 8K re: retirement of Blboal Health Vice-Chair Robert A. Steele
1/28/11 10Q & 1/27/11 8K re: 2Q results
1/11/11 8K re: quarterly dividend of $0.4818 per share
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

3M MMM: 1/25/11 8K re: 4Q results & FY 2011 guidance
12/7/10 8K 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: 1/28/11 8K re: departure of Blythe McGarvie from Board
1/25/11 8K results of 4Q
11/10/10 8K re: completion of tender offer for 6.25% debentures
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

United Technologies UTX: 2/10/11 10K for FY 12/31/10
1/26/11 8K re: 4Q results & FY 2011 guidance
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

Verizon Communications Inc. VZ: 2/3/11 8K re: increase to stock repurchase program
1/27/11 Proxy statement & 8K re: proposed purchase of Terremark to boost cloud capacity
1/27/11 8K re: 2011 guidance
1/25/11 4Q & FY 2010 results
1/21/11 8K re: change of accounting for pension
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

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