2/25/11 Fri pm Dow Closes at 12,130.45 up 61.95 or 0.51%

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Post No. 892 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 Friday at 12,130.45 up 61.95 points or 0.51% from Thursday's close of 12,069. For the week the Dow is down 261.80 points or 2.1% from last Friday's close of 12,392.25. Of the 30 Dow Jones component companies 20 gained and 10 declined. The biggest gainer dollar-wise was Boeing BA $72.3 +1.54 2.18% 8,105,210 NYSE and percentage wise was Intel INTC $21.86 +0.575 2.7% 53,316,783 NASDAQ-GS. The biggest decliner dollar-wise and percentage-wise was McDonald's MCD $74.44 -0.77 1.02% 6,488,267 NYSE.

As of the open of the market Friday, 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 14.66 down from Thursday's 14.71 (year ago it was 16.09); the P/E estimate is 12.87 unchanged from Thursday's 12.87 (year ago it was 12.36), and the dividend yield is 2.40 up from Thursday's 2.39 (last year it was 2.63). The Dow's all-time high was 14,164.53 on Oct. 9, 2007. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Friday's Dow Jones Industrial Average closing numerator was 1,602.79 up 8.25 from Thursday's closing numerator of 1,594.54. 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 Friday's Dow Jones Industrial Average was $53.43 up $0.28 from Thursday's Dow Jones Industrial Average average closing price of $53.15. The median closing price of Friday's Dow Jones Industrial Average was $45.11 (JPM/AXP) down 1.63 from Thursday's median closing price of $47.74. The lowest volume was United Technologies UTX $83.37 +0.65 0.79% 2,522,263 NYSE and the highest volume was again Bank of America BAC $14.2 +0.23 1.65% 124,628,227 NYSE.

If Friday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $825 ($160,279 - $159,454).

MarketWatch Friday 2/25/11 5:13 by Kristina Peterson & Brendan Conway says U.S. stocks rose Friday, snapping three straight days of losses, but benchmark indexes still posted their biggest weekly drops of the year.
Friday’s modest climb, boosted by surges in Intel Corp. (INTC 21.84, -0.02, -0.09%) and Boeing Co. (BA 72.25, -0.05, -0.07%) shares, shaved off only a portion of the week’s losses after anxiety over the unrest in the Middle East and North Africa sent oil prices to their highest levels in more than two years. The Dow Jones Industrial Average (DJIA 12,130, +61.95, +0.51%) closed out with its biggest weekly point drop since the week that ended Aug. 13, 2010. On Friday the measure finished up 61.95 points, or 0.5%, at 12,130.45. Boosting the index, Boeing shares climbed 2.2% after the Air Force awarded a tanker deal valued at more than $30 billion to the company late Thursday. Intel was also strong, with shares rising 2.7%, after Citigroup analysts said sales of personal computers could pick up in March, with Intel, Advanced Micro Devices and Marvell as three of the biggest beneficiaries. Shares of AMD (AMD 9.26, -0.03, -0.32%) gained 2.1%, while Marvell Technology Group Ltd. (MRVL 18.82, -0.10, -0.50%) rose 5%. The technology-heavy Nasdaq Composite (COMP 2,781, +43.15, +1.58%) climbed 43.15, or 1.6% to 2,781.05. The Standard & Poor’s 500-stock index (SPX 1,320, +13.78, +1.06%) gained 13.78, or 1.1% to 1319.88. However, the week’s losses added up to the S&P 500’s worst week since Nov. 12, 2010. After shooting above $100, crude-oil futures stabilized as worries faded about supply shortages related to the unrest in Libya. Saudi Arabia and a group of major oil-consuming nations said Thursday there is plenty of oil on hand to replace supplies halted from Libya. Nymex crude oil for April delivery (CLJ11 98.26, +0.98, +1.01%) settled below $98 a barrel on Friday, up 60 cents.“The sentiment seems to be that there’s not going to be a prolonged, drawn-out problem in Libya,” said Michael Yoshikami, chief investment strategist at YCMNET Advisors. Reassurances that other countries will help make up any oil shortfall calmed the market Friday, he said. Despite the session’s modest gains, the market won’t “continue to march upwards until the issue with Libya is resolved,” he said. Stocks also got a mild lift from the Thomson Reuters/University of Michigan consumer-sentiment index, which rose to its highest level in three years. Read more on consumer sentiment. Among stocks in focus, American International Group (AIG 38.50, -0.04, -0.10%) fell 4.7% after the insurer posted net income of $11.2 billion in the fourth quarter but the company’s core insurance businesses turned in a weaker performance during the period. AIG also sounded a cautiously optimistic tone as it held its first conference call with Wall Street analysts in two years. J.C. Penney (JCP 34.16, -2.39, -6.54%) shares tumbled 6.5% after its fiscal fourth-quarter earnings rose 36% and the department-store operator projected 2011 earnings above street views, but its first-quarter earnings view was well below expectations. Shares of Salesforce.com (CRM 138.95, +0.12, +0.09%) , which makes software that helps manage customer information about sales and marketing and other topics, climbed 3.4% after its fiscal fourth-quarter profit fell 46% on surging costs and stock-based expenses, but the company’s strong revenue growth continued. NutriSystem Inc. (NTRI 13.98, +0.09, +0.65%) shares plunged 31% after its fourth-quarter earnings more than doubled after a year-earlier quarter that included a hefty impairment charge, but revenue continued to decline for the weight-management company. Nutrisystem also issued a weak outlook for the new year. CBS (CBS 23.46, -0.08, -0.33%) shares jumped 6.9% after top executives said Thursday that programming fees paid to the company’s national broadcast television network from local-affiliate stations owned by other networks could amount to $225 million in several years. U.S.-listed shares of Lloyds Banking Group (UK:LLOY 62.63, -2.93, -4.45%) (LYG 4.04, -0.14, -3.35%) fell 3.1% as the group’s 2010 earnings topped forecasts, but analysts focused on a disappointing margin and integration costs. The U.S. dollar strengthened against the euro but weakened against the yen. The euro (EURUSD 1.3753, +0.0007, +0.0509%) was trading recently at $1.3750, down from $1.3802 late Thursday in New York. Demand for U.S. Treasurys rose, pushing the yield on the 10-year note (UST10Y 3.42, -0.03, -0.96%) down to 3.42%. Gold futures settled lower on Friday, but rose nearly 1.5% over the week.
In other U.S. economic data, the latest reading on gross domestic product showed the economy grew at a slower rate at the end of 2010 than previously reported. The Commerce Department said GDP rose at an inflation-adjusted annual rate of 2.8% in the fourth quarter. In its original estimate, the government said GDP rose 3.2%.

Friday's Closing Dow Numbers:

AT&T T $28.13 +0.21 0.75% 15,999,561 NYSE
Alcoa AA $16.68 +0.13 0.79% 18,852,064 NYSE
American Express AXP $43.53 -0.03 0.07% 9,764,952 NYSE
Bank of America BAC $14.2 +0.23 1.65% 124,628,227 NYSE
Boeing BA $72.3 +1.54 2.18% 8,105,210 NYSE
Caterpillar CAT $102 +1.43 1.42% 4,631,339 NYSE
Chevron CVX $102.1 +0.07 0.07% 8,460,859 NYSE
CSCO $18.64 +0.28 1.53% 48,870,570 NASDAQ-GS
Coke KO $64.31 +0.43 0.67% 5,675,059 NYSE
Disney DIS $42.95 +0.53 1.25% 9,365,857 NYSE
DuPont DD $54.07 +1.03 1.94% 4,464,018 NYSE
Exxon XOM $85.34 -0.63 0.73% 22,001,912 NYSE
GE $20.82 0.24 1.17% 45,438,404 NYSE
Hewlett-Packard HPQ $42.68 +0.51 1.21% 26,703,737 NYSE
Home Depot HD $37.08 -0.06 0.16% 9,702,056 NYSE
Intel INTC $21.86 +0.575 2.7% 53,316,783 NASDAQ-GS
IBM $162.28 +1.51 0.94% 4,495,922 NYSE
JPMorgan JPM $46.68 +0.77 1.68% 26,119,306 NYSE
Johnson & Johnson JNJ $59.64 -0.61 1.01% 11,775,052 NYSE
Kraft KFT $31.71 -0.07 0.22% 8,198,428 NYSE
McDonald's MCD $74.44 -0.77 1.02% 6,488,267 NYSE
Merck MRK $32.19 +0.16 0.5% 8,898,843 NYSE
Microsoft MSFT $26.55 -0.22 0.82% 52,897,165 NASDAQ-GS
Pfizer PFE $18.86 -0.04 0.21% 30,888,140 NYSE
Procter & Gamble PG $62.84 -0.21 0.33% 11,355,659 NYSE
3M MMM $90.25 +0.22 0.24% 2,859,385 NYSE
Travelers TRV $59.6 +0.27 0.46% 3,689,625 NYSE
United Technologies UTX $83.37 +0.65 0.79% 2,522,263 NYSE
Verizon VZ $35.97 +0.39 1.1% 11,394,999 DualListed
Walmart WMT $51.75 -0.34 0.65% 20,319,248 NYSE




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The following are excerpts from Friday morning's Blog.

The Dow Jones Industrial Average closed Thursday at 12,069 down 37.02 points or 0.31% from Wednesday's close of 12,105.78. For the year the Dow is up 4.24%. Of the 30 Dow Jones component companies 13 gained and 17 declined. The biggest gainer dollar-wise was IBM $160.77 +0.59 0.37% 5,641,142 NYSE and percentage wise was GE $20.58 +0.21 1.03% 64,946,729 NYSE. The biggest decliner dollar-wise and percentage-wise was Hewlett-Packard HPQ $42.17 -1.42 3.26% 56,745,574 NYSE.

WSJ pC5 "Tesoro, Sunoco drag on stocks" by Donna Yesalavich says stocks extend their losses to a 3rd straight session as investors continued to fret over Libya & how the surge in oil prices might affect the US economic recovery. Boeing is charted under Good News as investors bet it would win a big Air Force contract, which it did.

Fin Times p24 "Year of foudnation bulding takes toll on GM earnings expectations" by Michael Stothard says GM lost ground after quarterly earnigs figures disappointed investors, while the wider markets hovered in neutral territory as positive sentiment created by healthy employment data were negated by the continuing unrest in n. Africa.

NYT pB7 "Wall St wanders as oil prices ease" by Chris Hauser says the volatility of crude oil prices still dominated investors' concerns on Thurs as they assessed how the unrest in the Mid East 7 N. Africa could affect the global economic recovery.

USA Today p6B "Oil price concerns pummel markets" by Bloomberg says stocks mostly fell sending benchmark indexes down a 3rd straight day as concern that rising oil prices will derail the economic recovery overshadowed improving data on jobless claims 7 consumer confidence.

Thursday's Dow Jones Industrial Average closing numerator was 1,594.54 down 4.61 from Wednesday's closing numerator of 1,599.53. 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 Thursday's Dow Jones Industrial Average was $53.15 down $0.17 from Wednesday's Dow Jones Industrial Average average closing price of $53.32. The median closing price of Thursday's Dow Jones Industrial Average was $44.74 (JPM/AXP) down 1.26 from Wednesday's median closing price of $47.06. The lowest volume was United Technologies UTX $82.72 -0.07 0.08% 3,492,028 NYSE and the highest volume was again Bank of America BAC $13.97 -0.20 1.41% 195,256,290 NYSE.

If Thursday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have lost $461 ($159,953- $159,454).

MarketWatch Thursday 2/24/11 4:32 by Donna Yesalavich says U.S. stocks extended their losses to a third-straight session Thursday as investors continued to fret over turmoil in Libya and how the resulting surge in oil prices might impact the U.S. economic recovery. However, U.S. stocks pared their declines in the afternoon as crude-oil futures fell amid uncertainty surrounding Libyan leader Moammar Gadhafi’s hold on power. In addition, the International Energy Agency said it is prepared to release its emergency oil stockpiles to cover any shortfalls resulting from the turmoil in the Middle East. The Dow Jones Industrial Average (DJIA 12,069, -37.28, -0.31%) closed down 37.28 points, or 0.31%, to 12068.50. The measure’s drop over the past three sessions now amounts to 322.75 points, marking its biggest three-day decline since August. The Standard & Poor’s 500-stock index (SPX 1,306, -1.30, -0.10%) closed down 1.30, or 0.10%, to 1306.10, led by its energy sector as shares of refiners weighed. Oil is a refinery’s largest cost, so rising crude prices can weigh on profits if refiners aren’t able to pass those costs on to customers through higher gasoline or heating-oil prices. Tesoro (TSO 22.93, -0.08, -0.37%) tumbled 5.4%, while Sunoco (SUN 41.60, +0.30, +0.73%) fell 4%. “How they make money is on the spread between what they can buy and what they can sell,” noted King Lip, chief investment officer at Baker Avenue Asset Management. “The input cost in terms of crude has obviously spiked up, but the gas price of what they can sell at has not caught up. Unless gas prices are going to start really ticking upward, the refiners are going to see some pressure.” Investors also fretted that the rising crude prices could hurt consumer spending and ultimately slow down the recovery of the U.S. economy. “Higher crude prices will shift around where people have to spend their money,” said Hank Herrmann, chief executive of Waddell & Reed Financial Inc. and the investment-policy committee of Ivy Investment Co. “Higher crude prices, especially if they go much higher, [are] going to correlate to slower economic growth and a higher inflation rate.” Tom Galvin, managing director and lead portfolio manager at Columbia Management, noted the stark contrast between the market’s reaction to last month’s turmoil in Egypt and the recent unrest in Libya. “The market’s applause for the greater strides toward democracy in Egypt a month ago has now turned toward a reality check of the high cost for change, specifically energy prices,” he said. U.S. economic data came in mixed. Initial jobless claims fell more than expected. But while durable-goods orders rose a bigger-than-expected 2.7% in January after three straight declines, the gain was driven mostly by a surge in demand for airplanes. New orders for non-defense capital goods excluding aircraft declined 6.9% last month. In addition, sales of new homes tumbled last month, reversing most of the previous month’s gains as the housing market started off the year on a weak footing. The latest round of U.S. corporate earnings also was mixed. Priceline.com (PCLN 460.75, -1.59, -0.34%) posted a 73% jump in fourth-quarter profit as a rise in international bookings fueled top-line growth and margins surged. The company’s core earnings topped analysts’ estimates, and it gave upbeat guidance. The stock jumped 8.5% and helped lift the Nasdaq Composite (COMP 2,738, +14.91, +0.55%) , which climbed 14.91, or 0.55%, to 2737.90, snapping the measure’s two-day losing streak. General Motors (GM 33.06, +0.04, +0.12%) reported $510 million in net income for the fourth quarter, a slimmer-than-expected profit because of increased spending on new vehicle programs, scaled-back production of high-margin trucks, and charges attached to last year’s initial public offering. Its shares fell 4.5%. Sears Holdings (SHLD 82.55, +0.15, +0.18%) fell 5.5%. The retailer’s fourth-quarter earnings slipped 13% as declining sales at its namesake stores continued to more than offset growth at its Kmart stores. The company on Wednesday announced a new chief executive after a three-year search: Lou D’Ambrosio, a long-time technology executive who had been consulting with the company. U.S. stocks see-sawed Thursday as investor fears of more turmoil in oil-rich nations sparked volatile trading.
The Dow Jones Industrial Average (DJIA 12,069, -37.28, -0.31%) , briefly traded down more than 100 points before rebounding. Violence in Libya has pushed crude oil prices over $100 per barrel. Meanwhile, eyes are turning to Saudi Arabia on fears that tensions may spread to the oil-rich country as well. All but a handful of the Dow’s 30 components were in the red, led by a 2.3% drop in Hewlett-Packard (HPQ 42.30, +0.13, +0.31%) and a 1.7% decline in Bank of America (BAC 14.02, +0.05, +0.36%) . Travelers (TRV 59.20, -0.14, -0.23%) shed 1.8%, Wal-Mart Stores Inc. (WMT 52.09, -0.94, -1.77%) declined 1,8% and DuPont (DD 53.10, +0.06, +0.11%) fell 1.5%. The Standard & Poor’s 500 index (SPX 1,306, -1.30, -0.10%) shed 0.2% to 1305. The energy sector posted the steepest drop, weighed down by refiners. Oil is a refinery’s largest cost, so rising crude prices can weigh on profits if refiners aren’t able to pass those costs on to customers through higher gasoline or heating oil prices. Tesoro (TSO 22.93, -0.08, -0.37%) tumbled 5.4% while Sunoco (SUN 41.60, +0.30, +0.73%) fell 3.4%. The afternoon rebound came as crude-oil futures reversed earlier gains and began to slide. Crude for April delivery lost 30 cents a barrel to $96.92 after trading above $100 earlier in the day.
Libyan rebels controlling large swathes of the country promised an offensive against the capital, Tripoli. Analysts expressed concern that the turmoil could spread to other oil exporters in the region. Investors fretted that the rising crude prices could hurt consumer spending and ultimately slow down the recovery of the U.S. economy. “Higher crude prices will shift around where people have to spend their money,” said Hank Herrmann, chief executive of Waddell & Reed Financial Inc. and the investment policy committee of Ivy Investment Co. “Higher crude prices, especially if they go much higher, [are] going to correlate to slower economic growth and a higher inflation rate.” U.S. economic data came in mixed. Initial jobless claims fell more than expected. But while durable-goods orders rose a bigger-than-expected 2.7% in January after three straight declines, the gain was driven mostly by a surge in demand for airplanes. New orders for non-defense capital goods excluding aircraft declined 6.9% last month. In addition, sales of new homes tumbled last month, reversing most of the previous month’s gains as the housing market started off the year on a weak footing. The latest round of U.S. corporate earnings also was mixed. Priceline.com (PCLN 460.75, -1.59, -0.34%) posted a 73% jump in fourth-quarter profit as a jump in international bookings fueled top-line growth and margins surged. The company’s core earnings topped analysts’ estimates and it gave upbeat guidance. The stock jumped 8% and helped lift the Nasdaq Composite, which edged up 0.1% to 2726. Target (TGT 52.00, +1.74, +3.46%) climbed 2.9%. The retailer’s fourth-quarter earnings rose 11% as revenue improved. The company also benefited from sharply lower bad-debt expense at its credit-card arm. Kohl’s (KSS 53.58, -0.23, -0.42%) climbed 1.6%. The company projected 2011 earnings below Wall Street views, but investors were heartened to see the department-store operator’s board authorize the first dividend in the company’s history. It also increased the company’s stock buyback program.General Motors (GM 33.09, +0.07, +0.21%) reported $510 million in net income for the fourth quarter, a slimmer-than-expected profit because of increased spending on new vehicle programs, scaled back production of high-margin trucks and charges attached to last year’s initial public offering. Its shares fell 5.4%. Sears Holdings (SHLD 82.55, +0.15, +0.18%) fell 4.7%. The retailer’s fourth-quarter earnings fell 13% as declining sales at its namesake stores continued to more than offset growth at its Kmart stores. The company on Wednesday announced a new chief executive after a three-year search: Lou D’Ambrosio, a long-time technology executive who had been consulting with the company. The U.S. Dollar Index (DXY 77.10, -0.31, -0.40%) , tracking the U.S. currency against a basket of six others, fell 0.3%. Treasurys rose, pushing the yield on the 10-year note (UST10Y 3.45, -0.03, -0.86%) down to 3.43%. Gold futures wobbled between small gains and losses.

Thursday's Closing Dow Numbers and Friday's News:
AT&T T $27.92 -0.11 0.39% 27,953,077 NYSE:

Alcoa AA $16.55 +0.11 0.67% 28,378,393 NYSE: No mentions found.

Amex AXP $43.56 -0.12 0.28% 10,451,849 NYSE: No mentions found.

Bank of Am BAC $13.97 -0.20 1.41% 195,256,290 NYSE: No mentions found.

Boeing BA $70.76 +0.53 0.75% 6,664,956 NYSE: WSJ pA1 "Boeing bid beats Europe for tanker" by Nathan Hodge, NYT pB1 "In surprise, Boeing wins contract for tanekrs" BY cHRIS dREW, USA Today p2B "Boeing wins controversial tanker contract" by AP say the Air Force awarded a hotly contested $35 bil contract to build the next generation of air refueling planes to Chicago based Boeing. It may have ended a decade long struggle to replace the Air Force's fleet of Eisenhower era tanker aircraft. The decision was a surprise as many though EADS, Boeing's European rival to get the contract. The $35 bil contact is for 179 new tankers at a cost of $35 bil. Boeing will base the tanker on its 767 aircraft.

WSJ pC5 "Tesoro, Sunoco drag on stocks" by Donna Yesalavich says stocks extend their losses to a 3rd straight session as investors continued to fret over Libya & how the surge in oil prices might affect the US economic recovery. Boeing is charted under Good News as investors bet it would win a big Air Force contract, which it did.

Caterpillar CAT $100.57 +0.55 0.55% 6,270,161 NYSE: No mentions found.

Chevron CVX $102.03 -0.24 0.23% 16,330,360 NYSE: No mentions found.

CSCO $18.36 -0.04 0.22% 69,814,662 NASDAQ-GS: No mentions found.

Coke KO $63.88 -0.03 0.05% 8,452,296 NYSE: No mentions found.

Disney DIS $42.42 +0.29 0.69% 14,389,145 NYSE: WSJ pB10 "Oscars extend ABC deal" by Sam Schechner says ABC & the Academy Awards struck a deal that will keep the movie industry telecast on the Disney broadcast network through '20.

DuPont DD $53.04 -0.67 1.25% 9,612,439 NYSE: No mentions found.

Exxon XOM $85.97 -1.10 1.26% 28,360,110 NYSE: No mentions found.

GE $20.58 +0.21 1.03% 64,946,729 NYSE: No mentions found.

Hewlett-Packard HPQ $42.17 -1.42 3.26% 56,745,574 NYSE: Fin Times p12 "The sweet taste of Honeycomb" by Chris Nuttall says as the first tablet to use the new Android 3.0 operating system, Motorola's Xoom sets the standard for the rest. It discusses the HP TouchPad which was unveiled this month based on Palm's webOS operating system and says the interface is an appealing extension of the webOS on smartphones and has great e-reader capabilities.

Home Dep HD $37.14 -0.16 0.43% 9,248,604 NYSE: No mentions found.

Intel INTC $21.285 +0.135 0.64% 54,296,963 NASDAQ-GS: No mentions found.

IBM $160.77 +0.59 0.37% 5,641,142 NYSE: No mentions found.

JPMorgan JPM $45.91 -0.05 0.11% 31,534,940 NYSE: No mentions found.

JNJ $60.25 -0.14 0.23% 11,641,128 NYSE: No mentions found.

KFT $31.78 +0.10 0.32% 9,373,162 NYSE: No mentions found.

MCD $75.21 +0.02 0.03% 7,249,811 NYSE: No mentions found.

MRK $32.03 -0.06 0.19% 13,851,577 NYSE: No mentions found.

Microsoft MSFT $26.77 +0.18 0.68% 64,120,373 NASDAQ-GS: Fin Times p9 "Downwardly mobile by Andrew Parker, Andrew Ward says with its market leadership in smartphones on the wane, Nokia is taking a long shot in a tie up with Microsoft, which has also struggled in the sector.

Pfizer PFE $18.9 +0.14 0.75% 40,566,329 NYSE: No mentions found.

Proctor & Gam PG $63.05 -1.10 1.71% 15,112,688 NYSE: No mentions found.

MMM $90.03 -0.23 0.25% 3,968,717 NYSE: No mentions found.

Travelers TRV $59.33 -1.09 1.8% 5,605,346 NYSE: No mentions found.

United Technologies UTX $82.72 -0.07 0.08% 3,492,028 NYSE:

Verizon VZ $35.58 -0.23 0.64% 16,514,938 DualListed: No mentions found.

WMT $52.09 -0.94 1.77% 23,457,072 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 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