Monday, March 21, 2011

3/21/11 Mon. pm Dow Closes at 12,036.53 up 178.01 or 1.59%

www.DowJonesMonitor.com

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Post No. 934 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 components' SEC filings as of March 21, 2011.

The Dow Jones Industrial Average closed Monday at 12,036.53 up 178.01 points or 1.59% from Friday's close of 11,858.52. Of the 30 Dow components 27 gained and 3 declined. The biggest gainer dollar-wise was Caterpillar CAT $107.59 +2.53 2.41% 7,643,964 NYSE and percentage-wise was Boeing BA $71.2 +2.10 3.04% 5,252,339 NYSE. The biggest decliner dollar-wise and percentage-wise was Pfizer PFE $19.975 -0.205 1.02% 47,340,518 NYSE.

As of the open of the market Monday, 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 14.41 up from Friday's 14.31 (year ago it was 16.75); the P/E estimate is 12.29 down from Friday's 12.42 (year ago it was 13.77), and the dividend yield is 2.46 down from Friday's 2.48 (last year it was 2.53). 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.

Monday's Dow Jones Industrial Average closing numerator was 1,593.95 up 17.09 from Friday's closing numerator of 1,566.86. 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 $53.13 up $0.90 from Friday's Dow Jones Industrial Average average closing price of $52.23. The median closing price of Monday's Dow Jones Industrial Average was $45.97 (JPM/AXP) up 1.14 from Friday's median closing price of $44.84. The lowest volume was Travelers TRV $58.95 +0.89 1.53% 2,508,416 NYSE and the highest volume was again Bank of America BAC $13.05 +0.01 0.07% 112,915,417 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 $2,709 ($159,395 - $156,686).

MarketWatch Monday 3/21/11 4:16 by Laura Mandaro says US stocks rallied Monday for a third straight day, finding support from corporate mergers and signs that Japan may be closer to stabilizing the nuclear crisis at its earthquake-hit plant. The Dow Jones Industrial Average (DJIA 12,037, +178.01, +1.50%) closed up 178.01 points, or 1.5%, to 12,036.53, led by a 3% rise in Boeing Co. (BA 71.07, -0.13, -0.18%) shares. The last time Dow closed above 12,000 was March 11, the first U.S. trading session after a 9.0 earthquake hit Japan. The S&P 500 (SPX 1,298, +19.18, +1.50%) gained 19.18 points, or 1.5%, to 1,298.38, with energy shares leading gains. The Nasdaq Composite (COMP 2,692, +48.42, +1.83%) ended up 48.42 points, or 1.8%, to 2,692.09.

Monday's Closing Dow Numbers:
AT&T T $28.26 +0.32 1.15% 61,500,365 NYSE
Alcoa AA $16.551 +0.441 2.74% 18,554,825 NYSE
Amex AXP $44.32 +0.15 0.34% 5,211,925 NYSE
Bank of America BAC $14.05 +0.01 0.07% 112,915,417 NYSE
Boeing BA $71.2 +2.10 3.04% 5,252,339 NYSE
Caterpillar CAT $107.59 +2.53 2.41% 7,643,964 NYSE
Chevron CVX $105.19 +2.39 2.32% 8,634,042 NYSE
CSCO $17.3875 +0.2475 1.44% 57,161,424 NASDAQ-GS
Coke KO $63.57 +0.87 1.39% 6,178,173 NYSE
DIS $41.82 +0.59 1.43% 7,050,628 NYSE
DuPont DD $53.83 +0.84 1.59% 5,170,633 NYSE
Exxon XOM $82.84 +1.99 2.46% 17,867,220 NYSE
GE $19.72 +0.47 2.44% 52,645,591 NYSE
Hewlett-Packard HPQ $41.765 +0.445 1.08% 14,346,218 NYSE
Home Depot HD $36.43 +0.43 1.19% 7,590,186 NYSE
Intel INTC $20.19 +0.26 1.3% 43,165,982 NASDAQ-GS
IBM $157.68 +1.79 1.15% 5,741,236 NYSE
JPMorgan JPM $45.63 -0.11 0.24% 28,706,260 NYSE
JNJ $58.83 +0.26 0.44% 10,587,869 NYSE
KFT $30.89 -0.10 0.32% 14,775,865 NYSE
MCD $73.76 +0.77 1.05% 5,286,223 NYSE
MRK $32.39 +0.48 1.5% 15,162,347 NYSE
MSFT $25.33 +0.53 2.14% 46,585,743 NASDAQ-GS
Pfizer PFE $19.975 -0.205 1.02% 47,340,518 NYSE
Procter & Gamble PG $61.3 +0.70 1.16% 9,500,719 NYSE
MMM $90.95 +1.97 2.21% 3,536,845 NYSE
Travelers TRV $58.95 +0.89 1.53% 2,508,416 NYSE
United Tech UTX $81.46 +1.30 1.62% 3,168,025 NYSE
Verizon VZ $36.46 +0.62 1.73% 26,918,976 DualListed
WMT $51.92 +0.40 0.78% 8,615,114 NYSE
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The following are excerpts from Monday morning's Blog.

A read of Monday's Barron's, Wall St. Journal, Financial Times, New York Times, USA Today, Daily Report (Ga. - carries Bloomberg) & Atlanta Journal Constitution 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 Friday's stock prices and related data.

Dow Jones Industrial Average: The Dow Jones Industrial Average closed Friday at 11,858.52 up 83.93 points or 0.71% from Thursday's close of 11,774.49. For the week the Dow is down 185.88 points or 1.54% from last Friday's close of 12,044.4. For the year the Dow is up 2.43%. Of the 30 Dow components 27 gained and 3 declined. The biggest gainer dollar-wise was Catepillar CAT $105.027 +1.907 1.85% 10,473,797 NYSE and percentage-wise was JPMorgan JPM $45.53 +0.97 2.18% 66,943,479 NYSE. The biggest decliner dollar-wise and percentage-wise was Travelers TRV $58.12 -0.56 0.95% 4,678,309 NYSE.

Friday's Dow Jones Industrial Average closing numerator was 1,566.86 up 11.09 from Thursday's closing numerator of 1,555.77. 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 $52.23 up $0.37 from Thursday's Dow Jones Industrial Average average closing price of $51.86. The median closing price of Friday's Dow Jones Industrial Average was $44.84 (JPM/AXP) up 0.87 from Thursday's median closing price of $43.97. The lowest volume was Travelers TRV $58.12 -0.56 0.95% 4,678,309 NYSE and the highest volume was again Bank of America BAC $13.01 +0.03 0.21% 172,896,664 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 $1,109 ($156,686 - $154,577).

MarketWatch Friday 3/18/11 4:14 by Laura Mandaro says US stocks ended higher Friday, softening weekly losses, with sentiment lifted by a coordinated effort by several central banks to help Japan deal with the earthquake aftermath and plans by several major banks to hike dividends. The Dow Jones Industrial Average (DJIA 11,859, +83.93, +0.71%) ended up 83.93 points, or 0.7%, at 11,858.52, scaling back from the day's highs as investors monitored fast-changing events in Japan and the Libyan conflict. J.P. Morgan Chase & Co. (JPM 45.74, -.00, -0.01%) and Caterpillar Inc. (CAT 105.06, +1.94, +1.88%) led gains. The S&P 500 (SPX 1,279, +5.49, +0.43%) rose 5.49 points, or 0.4%, to 1,279.21. The Nasdaq Composite (COMP 2,644, +7.62, +0.29%) gained 7.62, or 0.3%, to 2,643.67. The Dow fell 1.5% for the week, the S&P 500 lost 1.9%, and the Nasdaq sank 2.7%.

Friday's Closing Dow Numbers and Monday's News:
AT&T T $27.9 +0.16 0.58% 22,481,378 NYSE: Fin Times p1 "AT&T to buy T-Mobile USA for $39 Bil" by Helen Thomas, Paul Taylor & Dan MCrum, WSJ pA1 "AT&T to buy rival in $39 bil deal" by Shayndi Raice & Andupreeta Das, NYT pA1 "AT&T makes deal to buy T-Mobile for $39 Bil" by Andrew Ross Sorkin & Jenna Wortham, USA Today p1B "AT&T's T-Mobile deal makes it No. 1" by David Lieberman, WSJ pB1 "T-Mobile deal faces antitrust barriers" by Spencer E. Ante, Amy Schatz, AJC pA1 "AT&T to purchase T-Mobile" by M.B. Bell, WSJ pB6 "AT&T chief's bold bet" by Roger Cheng, USA Today p7B "What AT&T deal likely means for consumers" by Scott Martin, WSJ pC10 "AT&T sprints ahead with T-Mobile" by Martin Peers say AT&T will reshape the US telecom industry with an agreement to buy T-Mobile USA from Deutsche Telekom for about $39 bil in cash & stock.Announced Sun, the deal would unit the nation's second & 4th largest wireless carries, and wold allow them to alleviate a growing shortage of wireless spectrum as data demand explodes due to increase use of mobile devices. The deal will face tough scrutiny from antitrust regulators and will require approval from Dept. of Justice & the FCC. The number of wireless carriers in the US would go from 4 to 3 and create the largest provider with more than 120 mil subscribers. Consumer advocates say that A&T & Verizon could create a wireless duopoly resulting in higher prices and fewer choices for consumers.

Alcoa AA $16.1002 +0.0902 0.56% 18,151,251 NYSE: No mentions found.

American Express AXP $44.15 +0.73 1.68% 8,630,503 NYSE: No mentions found.

Bank of America BAC $14.01 +0.03 0.21% 172,896,664 NYSE: Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an under appreciated and attractive mix of business.

Boeing BA $69.11 +0.81 1.19% 4,203,261 NYSE: WSJ pB3 "New 747 takes first flight" by Peter Sanders, NYT pB7 "Boeing's newest plane takes flight" photo by Stephen Brashear, USA Today p1B "Boeing 747-8 has successful test flight" say Boeing's longer plane at 250 feet took its first flight Sunday, marking the 3rd maiden flight of a new Boeing commercial plane in the past 15 months. It flew from Paine Field, north of Seattle, Sunday.

Barron's pM3 "Stocks fall aout 2% in post-quake shock" by Kopin Tan says Boeing could be affected because Japan makes a third of the 787's components.

Caterpillar CAT $105.027 +1.907 1.85% 10,473,797 NYSE: Barron's p17 "Week preview" says on Wed. 3/23 Caterpillar meets with analysts.

Chevron CVX $102.87 +0.63 0.62% 9,653,985 NYSE: Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an underappreciated and attractive mix of business.

Cisco CSCO $17.14 +0.14 0.82% 121,146,263 NASDAQ-GS: Barron's p14 "Silicon skinflints still skimp on payouts" by Andrew Bary says Cisco, Intel and Microsoft are in a table of 8 firms whose price/earnings ratios are generally low and higher dividends would help. Cisco announced its first dividend saying it will pay 6 cents a share quarterly while Hewlett-Packard last week increased its quarterly dividend by 50% to 12 cents a share. Microsoft trades at a 30% discount tot he S&P 500 as its sustainable rev growth and defensive competitive characteristics are undervalued by investors.

Coke KO $62.68 +0.40 0.64% 9,190,459 NYSE: Fin times p19 "Pepsi chief faces challenge of putting fizz back into brand" by Alan Rappeport says Pepsi's latest setback came when Beverage Digest last week showed data that Diet Coke overtook Pepsi's core brand in the US. The shift was anticipated but it showed how entrenched Coca-Cola's lead in the cola wars had become and put greater pressure on Pepsi's CEO Indra Nooyi to revive Pepsi's carbonated beverage business.

Barron's p21 "There's safety in these numbers" by Dimitra DeFotis says Coke and Procter & Gamble was among 10 firms that have ample cash flow, predictable earnings growth and generous dividends that should do well in volatile markets.

Disney DIS $41.23 +0.47 1.15% 11,407,058 NYSE: WSJ pB8 "Google is No. 1 on list of desired employers" by Joe Light and Disney is named 3rd on the list of "ideal employers" & Microsoft is number 7.

DuPont DD $53.01 +0.68 1.3% 6,716,162 NYSE:

Exxon XOM $81.18 +0.02 0.02% 20,779,117 NYSE: Barron's pM10 "Making fear & chaos paY' by Steven Sears says option players were buying il and energy stocks including Exxon as "trading disasters is a macabre ballet.

GE $19.255 +0.035 0.18% 71,841,426 NYSE: No mentions found.

Hewlett-Packard HPQ $41.35 -0.08 0.19% 19,963,492 NYSE: Fin Times p20 "HP rejects complaints over board selections" by Jospeh Menn says the Chairman of HPQ said HP's board was reconstituted this year to add expertise and not to cement CEO's Apotheker's control. Related story same page "IT conductor guides team into the cloud" by Joesph Menn which is an interview with Leo Apotheker.

WSJ pB3 "Intel courted HP exec" by Don Clark says Intel tried to hire away Todd Bradley, head of Hewlett-Packard's PC business who decided to stay with HP.

Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an under appreciated and attractive mix of business.

Barron's p14 "Silicon skinflints still skimp on payouts" by Andrew Bary says Cisco, Intel and Microsoft are in a table of 8 firms whose price/earnings ratios are generally low and higher dividends would help. Cisco announced its first dividend saying it will pay 6 cents a sahre quarterly while Hewlett-Packard last week increased its quarterly dividend by 50% to 12 cents a share. Microsoft trades at a 30% discount tot he S&P 500 as its sustainable rev growth and defensive competitive characteristics are undervalued by investors.

Home Depot HD $35.99 +0.23 0.64% 9,842,781 NYSE: No mentions found.

Intel INTC $19.93 +0.03 0.15% 67,552,594 NASDAQ-GS: WSJ pB3 "Intel courted HP exec" by Don Clark says Intel tried to hire away Todd Bradley, head of Hewlett-Packard's PC business who decided to stay with HP.

Barron's p14 "Silicon skinflints still skimp on payouts" by Andrew Bary says Cisco, Intel and Microsoft are in a table of 8 firms whose price/earnings ratios are generally low and higher dividends would help. Cisco announced its first dividend saying it will pay 6 cents a sahre quarterly while Hewlett-Packard last week increased its quarterly dividend by 50% to 12 cents a share. Microsoft trades at a 30% discount tot he S&P 500 as its sustainable rev growth and defensive competitive characteristics are undervalued by investors.

IBM $155.86 +1.68 1.09% 8,988,556 NYSE: No mentions found.

JPMorgan JPM $45.53 +0.97 2.18% 66,943,479 NYSE: Fin Times p17 "US banks face fresh scrutiny on lending" by Helen Thomas says US banks such as JPMorgan & Citigroup could be forced to disclose when they give clients below market rates on loans as a party of their efforts to secure further business, under rules being considered by accounting regulators.

WSJ pC10 "Dividend trap set for banks again" by David Reilly says JPMorgan will increase its annual dividend payout by $3.1 bil and buy back $8 bil in stock in '11.

Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an under appreciated and attractive mix of business.

Barron's p16 "Big bank boost" says some banks may now raise payout ratios as hgh as 30% as the Fed gave them the go ahead to relaunch dividend and share buyback programs. JPMorgan and Wells are among those having the most deployable excess capital in '11 and '12 per Bernstein Research. At Barron's pM13 JPMorgan is charted.

Johnson & Johnson JNJ $58.48 +0.35 0.6% 11,475,247 NYSE:

Kraft KFT $30.98 +0.22 0.72% 9,135,713 NYSE: WSJ pC7 "Coffee drinkers see little effect of price rise" by Leslie Joseph says Kraft raised prices for its Maxwell House & Yuban brands by 70 cents per pound, its fourth price increase in the past year due to higher coffee prices.

Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an underappreciated and attractive mix of business.

McDonald's MCD $73.03 -0.37 0.5% 7,658,542 NYSE: No mentions found.

Merck MRK $31.86 +0.42 1.34% 16,198,130 NYSE: No mentions found.

Microsoft MSFT $24.8 +0.02 0.08% 75,422,443 NASDAQ-GS: WSJ pB8 "Google is No. 1 on list of desired employers" by Joe Light and Disney is named 3rd on the list of "ideal employers" & Microsoft is number 7.

Barron's p14 "Silicon skinflints still skimp on payouts" by Andrew Bary says Cisco, Intel and Microsoft are in a table of 8 firms whose price/earnings ratios are generally low and higher dividends would help. Cisco announced its first dividend saying it will pay 6 cents a sahre quarterly while Hewlett-Packard last week increased its quarterly dividend by 50% to 12 cents a share. Microsoft trades at a 30% discount tot he S&P 500 as its sustainable rev growth and defensive competitive characteristics are undervalued by investors.

Pfizer PFE $20.17 +0.29 1.46% 73,698,095 NYSE: Barron's p32 "Talking with Kevin Holt Portfolio Manger, Invesco Van Kampen Comstock Fund" by Hillary Johnson says the fund holds the following Dow stocks: JPMorgan Chase, Pfizer, Chevron, Kraft, and Bank of America. He also likes Hewlett-Packard although it had an earnings miss but it has an underappreciated and attractive mix of business.

Procter & Gamble PG $60.55 +0.12 0.2% 14,613,545 NYSE: Barron's p21 "There's safety in these numbers" by Dimitra DeFotis says Coke and Procter & Gamble was among 10 firms that have ample cash flow, predictable earnings growth and generous dividends that should do well in volatile markets.

3M MMM $88.98 +0.29 0.33% 4,771,505 NYSE: No mentions found.

Travelers TRV $58.12 -0.56 0.95% 4,678,309 NYSE: No mentions found.

United Technologies UTX $80.17 +0.68 0.86% 5,426,258 NYSE: No mentions found.

Verizon VZ $35.821 +0.491 1.39% 18,188,142 Dual Listed: Fin Times p1 "AT&T to buy T-Mobile USA for $39 Bil" by Helen Thomas, Paul Taylor & Dan MCrum, NYT pA1 "AT&T makes deal to buy T-Mobile for $39 Bil" by Andrew Ross Sorkin & Jenna Wortham, USA Today p1B "AT&T's T-Mobile deal makes it No. 1" by David Lieberman, WSJ pB1 "T-Mobile deal faces antitrust barriers" by Spencer E. Ante, Amy Schatz, AJC pA1 "AT&T to purchase T-Mobile" by M.B. Bell say AT&T will reshape the US telecom industry with an agreement to buy T-Mobile USA from Deutsche Telekom for about $39 bil in cash & stock.Announced Sun, the deal would unit the nation's second & 4th largest wireless carries, and wold allow them to alleviate a growing shortage of wireless spectrum as data demand explodes due to increase use of mobile devices. The deal will face tough scrutiny from antitrust regulators and will require approval from Dept. of Justice & the FCC. The number of wireless carriers in the US would go from 4 to 3 and create the largest provider with more than 120 mil subscribers. Consumer advocates say that A&T & Verizon could create a wireless duopoly resulting in higher prices and fewer choices for consumers.

Walmart WMT $51.52 +0.15 0.29% 11,610,536 NYSE: WSJ pB1 "With sales flaby, Walmart urns to is core" by Miguel Bustillo says Walmart is mired in its worst US sales slump ever after trying to appeal to a wider variety of shoppers which attempts backfired. This is an interview with William Simon, Walmart's chief for the US.

Barron's p18 "Time to load up the cart" by Jonathan Laing says small, no-frills discount stores are increasingly being set up in densely populated metropolitan areas in order to be beyond the reach of bid discounters like Walmart. Jewel-Osco, Albertsons, Shaw's Acme, Cub Foods and Save A Lot are vulnerable to competition from Walmart, Costco, and Target.
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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. (Chicago, 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 as of 3/21/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $401 [5]
2. Procter & Gamble PG 243 [4]
3. Microsoft MSFT 212 [8.5]
4. Chevron CVX 207 [2]
5. GE 204 [10.5]
6. IBM 190 [1]
7. WalMart WMT 184 [3.5]
8. JPMorgan Chase JPM 182 [4]
9. AT&T T 165 [6]
10. Pfizer PFE 161 [8]
11. Johnson & Johnson JNJ 160 [3]
12. Coke KO 144 [2.5]
13. Bank of America BAC 142 [10]
14. Intel INTC 111 [5.5]
15. Verizon VZ 101 [3]
16. Merck MRK 98 [3]
17. Cisco CSCO 95 [5.5]
18. Hewlett-Packard HPQ 89 [2]
19. Disney DIS 78 [2]
20. McDonald's MCD 76 [1]
21. United Technologies UTX 74 [1]
22. Caterpillar CAT 67 [.5]
23. 3M MMM 63 [.5]
24. Home Depot HD 59 [1.5]
25. Kraft KFT 54 [2]
26. American Express AXP 53 [1]
27. Boeing BA 51 [1]
28. DuPont DD 49 [1]
29. Travelers TRV 25 [.5]
30. Alcoa AA 17 [1]

Here are the latest 8K, 10Q & 10K & Proxy SEC filings as of 3/21/11:

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

AT&T T: 3/10/11 Proxy Statement re: Annual Meeting of Stockholders to be held on 4/29/11 in Little Rock, Ark
3/7/11 8K re; departure of Richard G. Lindner as CFO to be replaced by John T. Stephens
3/1/11 10K re: Fiscal year ended 12/31/10

Alcoa AA: 3/7/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/6/11 in Pittsburg, PA
2/17/11 10K re: Fiscal year ended 12/31/10
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

American Express AXP: 3/18/11 8K re: Reg. FD disclosures re: its Comprehensive Capital Plan re: share repurchases & dividends
3/15/11 8K re: delinquency & write-off statistics for 3 months ended 2/28/11
3/4/11 Prelim Proxy Statement re: Shareholder Meeting to be held 5/2/11 in NYC
2/2811 10K re: Fiscal year ended 12/31/10
2/15/11 8K re: delinquency & write0off statistics for 3 months ended 1/31/11
1/18/11 8K re: comp to CEO Chanault

Bank of Am BAC: 3/17/11 8K re: issuance of $1.5 bil of 3.625% of Senior Notes due 2016
3/16/11 8K re: election of Mukesh D. Ambani to Board of Directors & Compensation & Benefit Committee & Audit Committee
1/31/11 8K re: compensation of officers
1/21/11 8K re: 4Q & FY 2010 results

Boeing BA: 3/18/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/2/11 in Chicago
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

Caterpiller CAT: 3/8/11 8K re: price changes of products
3/18/11 8K re: Reg FD disclosures re: 3 months dealer statistics
2/22/11 10K re: Fiscal year ended 12/31/10
2/18/11 8K re: dealer statistics for January

Chevron CVX:
2/24/11 10K re: Fiscal year ended 12/31/10
2/1/11 8K re: compensation to officers including CEO John Watson

Cisco CSCO 3/18/11 8K re: initiation of quarterly cash dividends of 6 cents per share to be paid 4/20
3/16 & 3/15 8Ks re: issuance of debt securities
3/9/11 8K re: recasting of fin'l stmts due to combining Asia Pacific & Japan operations
2/23/11 8K re: election of Gary B. Moore as COO
2/23/11 10Q re: Quarter ended 1/29/11

Coke KO 3/10/11 Proxy Statement re: Annual Meeting of Shareholders to be held 4/27/11 in Atlanta
2/28/11 10K re: Fiscal year ended 12/31/10
2/17/11 8K re: election of Evan G. Greenberg to Board of Directors & Audit Comm.
2/17/11 8K re: Amendment of Stock Option Plan

Disney DIS 3/18/11 two 8Ks re: amendment to employment Agreement of CEO Robert A. Iger & other execs.
3/2/11 Proxy Materials re: shareholder proposal re: exec compensation
2/25/11 8K re: $2.25 bil 4 year Credit Agreement
2/8/11 10Q & 2/8/11 8K re: 1Q results
1/28/11 Proxy statement for annual shareholder meeting to be held 3/23/11 at Salt Lake City, Utah

DuPont DD: 3/18/11 Proxy re: Annual Stockholders Meeting to be held on 4/27/11 in Wilmington, DE
3/8/11 8K re: retirement of Samuel W. Bodman & John T. Dillon from Board of Directors due to reaching age 72
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: 3/15/11 8K re: results of operations presentation at analyst meeting
2/28 10K/A & 2/25 10K re: Fiscal year ended 12/31/10
2/15/11 8K re: FD Disclosure re: worldwide proved oil and gas reserve

GE: 3/14/11 Proxy re: Annual Shareholders Meeting on 4/27/11 in Salt Lake City, Utah
2/25/11 10K re: Fiscal year ended 12/31/10
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

Hewlett-Packard HPQ: 3/11/11 Proxy Materials re: opposition to ISS voting recommendations re: exec comp.
3/11/11 & *k 2/22/11 re: Quarter ended 1/31/11
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

Home Depot HD: 3/2/11 8K re: approval of Stock Option Plan
2/22/11 8K re: fin'l results of fiscal year & quarter ended 1/30/11
1/12/11 8K re: promotion of Aaron Carmack as Pres. of Home Depot Canada

Intel INTC: 2/28/11 8K re: completion of acquisition of McAfee
2/28/11 10K re: Fiscal year ended 12/25/10

IBM: 3/18/11 8K re: settlement with SEC of bribery charges in Asia for $10 mil
3/8/11 8K re: FD disclosure re: presentation at investor briefing
3/7/11 Proxy rel Annual Stockholders Meeting on 4/26 in St. Louis, Mo.
2/22/11 10K re: Fiscal year ended 12/31/10

JPMorganChase JPM: 2/28/11 10K re: fiscal year ended 12/31/10
2/24/11 8K re: clsoing of public offering of $3 bil of 3.45% Notes due 2016

Johnson & Johnson JNJ : 3/16/11 Proxy re: Annual Shareholders Meeting on 4/28 in New Brunswick, NJ
3/10/11 8K re: Entering into a consent decree with the FDA regarding its oversight of JNJ's McNeil Unit plants in Puerto Rico and Pennslyvania
2/25/11 10 K e: fiscal year ended 1/2/11

Kraft KFT: 3/14/11 8K re: departure of CFO timothy R. McLevish to be replaced by David A. Brearton
2/28/11 10K re: Fiscal year ended 12/31/10
2/22/11 8K re: FD disclosure re: presentation at Consumer Analyst Group of NY

McDonalds MCD: 3/9/11 8K re: FD disclosure re: comparable sales rising 3.9% in Feb.
3/3/11 Proxy re: Annual Meeting of Shareholders on 5/19/11 at Oak Brook, Ill.
2/25/11 10K re: fiscal year ended 12/31/10
2/8/11 8K re: Jan 2011 global sales

Merck MRK: 2/28/11 10K re: Fiscal year ended 12/31/10

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

Pfizer PFE: 2/28/11 10K re: fiscal year ended 12/31/10

Procter & Gamble PG: 3/1/11 8K re: resignation of Rajat KJ. Gupta from Board of Directors
2/11/11 8K re: election of Meg Whitman to Board of Directors

3M MMM: 3/15/11 8K re: retirement of CFO Patrick D. Cambell to be replaced by David W. Meline
2/16/11 10K re: Fiscal year ended 12/31/10
2/16/11 & 2/15/11 four 8Ks re: adoption by four executives of pre-arranged trading programs

Travelers TRV: 2/17/11 10K re: Fiscal year ended 12/31/10
1/28/11 8K re: departure of Blythe McGarvie from Board
1/25/11 8K results of 4Q

United Technologies UTX: 2/25/11 Proxy re: Annual Meeting of Shareholders on 4/13/11 in Phoenix, AZ
2/10/11 10K for FY 12/31/10

Verizon Communications Inc. VZ: 3/7/11 8K re: election of Lowell C. McAdam to Board of Director (he is Pres/COO)
2/28/11 10K re: fiscal year ended 12/31/10
2/3/11 8K re: increase to stock repurchase program

WalMart WMT: 2/22/11 8K re: revising fin'l info for prior operating results