5/27/11 Fri pm Dow Closes at 12,441.58 up 38.82 or 0.31%

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Post No. 1,040 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, and a ranking of the Dow 30 components by market capitalization as of May 23, 2011 and Dow 30 components' SEC filings as of May 24, 2011.

The Dow Jones Industrial Average closed Friday at 12,441.58 up 38.82 or 0.31% from Thursday's close of 12,402.76. For the week the Dow is down 70.46 points or 0.56% from last Friday's close of 12,512.04. Of the 30 Dow components 23 gained and 7 declined. The biggest gainer dollar-wise was Johnson & Johnson JNJ $66.77 +1.26 1.92% 16,386,011 NYSE and percentage-wise was Bank of America BAC $11.69 +0.23 2.01% 107,370,390 NYSE. The biggest decliner dollar-wise was McDonald's MCD $81.62 -0.81 0.98% 5,443,289 NYSE and percentage-wise was Intel INTC $22.21 -0.29 1.29% 67,162,126 NASDAQ-GS.

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. Thursday's trailing P/E is 14.11 up from Thursday's trailing P/E of 14.10 (year ago it was 14.92); today's P/E estimate is 12.62 unchanged from Wednesday's P/E estimate of 12.62 (year ago it was 12.45), and today's dividend yield is 2.40 unchanged from Thursday's dividend yield of 2.40 (last year it was 2.76). The Dow's all-time high was 14,164.53 on Oct6 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 1,643.90 up 5.13 from Thursday's closing numerator of 1,638.77. 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 $54.80 up 0.17 from Thursday's average closing price of $54.63. The median closing price of Friday's Dow Jones Industrial Average was $46.96 (AXP/JPM) up 0.40 from Thursday's median closing price of $46.56. The lowest volume was 3M MMM $93.47 +0.65 0.7% 1,987,187 NYSE and the highest volume was again Bank of America BAC $11.69 +0.23 2.01% 107,370,390 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 $513 ($164,390 - $163,877).

MarketWatch Saturday 5/28/11 10:41 a.m by Wallace Witkowski says US stock in the next week will run a gauntlet of data expected to indicate a slowing economic recovery, but a few positive reports may prove enough to draw investors into a market accustomed to negative sentiment. Equity markets managed to pare losses by the end of the week, following a raft of mostly negative economic data including higher jobless claims, weaker-than-expected first-quarter economic growth, and a slump in pending home sales. One bright spot in economic data on Friday came from an increase in consumer sentiment for May. Trading volume may be light in the first week of June but investors should still eye upcoming economic data. Against that backdrop, any positive news should be well received, said Sam Turner, senior portfolio manager of large cap stocks at RiverFront Investment Group. ”The fact the market has held in light of weak data is in itself a positive indication,” said Turner. Turner says the S&P 500 could even hit 1,400 in July -- implying the index could rebound from current levels of 1,331 -- as materials, energy and tech sectors lead the advance. But it may be tough to hold those levels, assuming it gets there. “We expect a moderate pullback in the face of negative news,” he said.
Small gains on both Thursday and Friday leading into Monday’s Memorial Day holiday weekend helped the major indexes trim weekly losses. The Dow Jones Industrial Average fell 0.6% for the week to close at 12,441.58, and the S&P 500 Index declined 0.2% to finish at 1,331.10, logging the fourth straight week of losses for both exchanges. The Nasdaq Composite Index fell 0.2% for the week to close at 2,796.86, its second weekly loss in a row. India's January-March gross domestic product figures will be in the spotlight, as well as key reports on Chinese manufacturing and Japanese industrial output and employment data for April.
There will be a new round of economic releases for investors to chew over next week, as well as monthly car sales from General Motors Co., Ford Motor Co. , Toyota Motor Corp. and others. And while the bulk of large companies have reported earnings, closely watched tech companies, including Intel Corp., Hewlett-Packard Co., Netflix Inc. and Google Inc. , could produce market-moving news at conferences next week. The focus could remain on the economy, however. Investors will start the market week with the release of the Chicago purchasing managers index and the Conference Board’s consumer confidence data for May. Wednesday brings the Institute for Supply Management’s manufacturing activity report for May. Weekly jobless claims data will be released on Thursday. Then, on Friday, the ISM will release its services sector activity report for May, and the Labor Department will release nonfarm payrolls data for May. Investors will watch closely next week data on euro-zone inflation as well as German unemployment and retail sales. The manufacturing and PMI data next week may be filler until nonfarm payroll numbers come out on Friday, said Robert Pavlik, chief market strategist at Banyan Partners. McDonald's hiring spree, more than 60,000 new workers, should show upas a big influence when the government releases its payrolls report on Friday. The time of easy comparisons has ended for Corporate America. Here's a graphical look at profits, durables, new-home sales and other top indicators.
/conga/kiosk/economy-politics. “A lot of factors are going to play into that report — tornadoes, flooding, supply problems from Japan — all of that can factor, just like earlier in the month when winter storms were blamed for bad jobs data,” Pavlik said. “It’s a gray area for the economy and could turn into a self-fulfilling prophecy so the question becomes: Do we have enough strength in the engine to get us through short-term shocks to the system?” Economists expect fewer nonfarm payrolls added in May compared with the 244,000 added in April, and a decline in the Chicago PMI. Pavlik said he is looking for the S&P 500 to close above 1,343 for a few sessions, without reverting lower, as an indication that equity markets are breaking free from the sluggishness of the past month.
Ken Tower, senior analyst at Quantitative Analysis Service, said he has a positive seasonal and end-of-the month bias going into next week and believes Chicago PMI data and consumer confidence data will be the key numbers and drivers.“Consumer confidence has more impact on consumer spending and is more of an indicator of economic growth,” Towers said. “Jobs data has disappointed, growth forecasts are being cut, so when does the pendulum swing the other way?” Economists expect consumer confidence to rise slightly for May compared with 65.4% in April. Miles Zyblock, chief institutional strategist at RBC Capital, said ISM non-manufacturing data on Friday will provide a more accurate indication of whether the economy is slowing down. “The sense is the regional indicators suggest risk of downside disappointment,” Zyblock said. “Services posted a shocking drop last month and a reading below 50 is problematic for the outlook.” Zyblock said the services number will serve as a better indicator than manufacturing because it has been less disrupted by such factors as supply interruptions from Japan. Services data is expected to improve slightly from the index’s April reading of 52.8%.
On Wednesday, car makers will release of May U.S. vehicle sales data with an expected net decline of about a million vehicles from 13.2 million in the year-ago period, owing mostly to Japan’s supply problems. While car makers like Toyota Motor and Honda Motor Co. are likely to post a significant drop in May sales, their U.S. counterparts GM and Ford are expected to report flat sales for the month. Trade shows scheduled for next week will put tech stocks in focus. At Taiwan’s Computex trade show, several new tablet computers and mobile phones are expected to debut containing chips from Intel that compete with chips used in Apple Inc. At the Wall Street Journal’s All Things D trade show in Rancho Palos Verdes, Calif., Microsoft Corp. will reportedly unveil a tablet device that runs the Windows 8 operating system. Other presenting companies include Netflix, Google Inc., Hewlett-Packard Co. , Adobe Systems Inc. Walt Disney Co. and AT&T Inc.
With earnings season drawing to a close, only two S&P 500 companies will release results in the coming week. Joy Global Inc. and SAIC Inc. both report on Thursday. To date, 490 companies in the S&P 500 have reported quarterly results, with 73% of those reporting earnings above the Wall Street consensus and 68% reporting revenue above the consensus, according to John Butters, senior earnings analyst at FactSet Research. While the first quarter was regarded as a strong season for earnings, the trend may not continue with 59 companies in the S&P 500 issuing a negative earnings outlook for the second quarter, compared with 33 companies issuing a positive outlook, Butters said in a report.

Friday's Closing Dow Numbers:

AT&T T $31.29 +0.18 0.58% 17,248,540 NYSE
Alcoa AA $16.48 +0.11 0.67% 11,485,014 NYSE
American Express AXP $51.13 +0.45 0.89% 3,169,424 NYSE
Bank of America BAC $11.69 +0.23 2.01% 107,370,390 NYSE
Boeing BA $76.99 +0.33 0.43% 3,202,670 NYSE
Caterpillar CAT $104.6 +0.41 0.39% 4,512,458 NYSE
Chevron CVX $103.21 +0.15 0.15% 5,796,656 NYSE
Cisco CSCO $16.46 -0.21 1.29% 49,543,225 NASDAQ-GS
Coke KO $66.51 -0.19 0.28% 4,548,633 NYSE
Disney DIS $41.52 +0.53 1.29% 8,529,610 NYSE
DuPont DD $52.56 +0.59 1.14% 3,806,728 NYSE
ExxonMobil XOM $82.63 +0.24 0.29% 11,949,430 NYSE
GE $19.44 +0.02 0.1% 30,227,880 NYSE
Hewlett-Packard HPQ $36.96 +0.41 1.12% 20,623,425 NYSE
Home Depot HD $36 -0.19 0.53% 9,596,411 NYSE
Intel INTC $22.21 -0.29 1.29% 67,162,126 NASDAQ-GS
IBM $167.5 +0.32 0.19% 3,277,507 NYSE
JPMorgan Chase JPM $42.79 +0.34 0.8% 24,748,707 NYSE
Johnson & Johnson JNJ $66.77 +1.26 1.92% 16,386,011 NYSE
Kraft KFT $34.75 +0.13 0.38% 4,367,247 NYSE
McDonald's MCD $81.62 -0.81 0.98% 5,443,289 NYSE
Merck MRK $36.21 -0.17 0.47% 10,492,881 NYSE
Microsoft MSFT $24.76 +0.09 0.36% 50,254,323 NASDAQ-GS
Pfizer PFE $20.93 +0.03 0.14% 27,858,078 NYSE
Procter & Gamble PG $66.2 +0.01 0.02% 7,973,390 NYSE
3M MMM $93.47 +0.65 0.7% 1,987,187 NYSE
Travelers TRV $61.52 +0.31 0.51% 2,150,816 NYSE
United Technologies UTX $86.33 -0.06 0.07% 2,907,328 NYSE
Verizon VZ $36.67 ++0.06 0.16% 7,431,753 DualListed
Walmart WMT $54.7 0.08 0.15% 5,315,549 NYSE

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The following are excerpts from Friday morning's Blog.

A read of the print editions of Friday's Wall Street Journal, Financial Times, Investors' Business Daily, New York 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 Thursday's stock prices and related data.

Dow Jones Industrial Average: The Dow Jones Industrial Average closed Thursday at 12,402.76 up 8.1 or 0.07% from Wednesday's close of 12,394.66. For the year the Dow is up 7.13%. Of the 30 Dow components 19 gained and 11 declined. The biggest gainer dollar-wise was Caterpillar CAT $104.19 +0.94 0.91% 6,633,588 NYSE and percentage-wise was Microsoft MSFT $24.67 +0.48 1.98% 77,928,368 NASDAQ-GS. The biggest decliner dollar-wise was Johnson & Johnson JNJ $65.51 -0.78 1.18% 12,035,850 NYSE and percentage-wise was Home Depot HD $36.19 -0.44 1.2% 8,047,107 NYSE.

WSJ pC7 "Dow chalks up 8 point gain" by Brendan Conway says stocks closed slightly higher as strength in the consumer discretionary and tech sectors overshadowed weak economic data. The Dow was propelled higher by Microsoft which rose 48 cents and Hewlett-Packard which gained 54 cents.

Fin Times p22 "Tiffany & Guess lead retail sector higher on strong earnings figures" by Michael Stothard says the retail sector bounced higher after a slew of strong earnings results from the likes of Tiffany & Guess, helping the wider markets to shrug off weak employment and growth data.

Inv. Bus. Daily pA1 "Indexes up; tp stocks show strength" by Paul Whitfield says stocks rose Thursday after shaking off glum economic news. It was up in mixed volume while the current outlook is the market is in a correction.

NYT pB7 "Investors upbeat despite troubling data" by Bloomberg & USA Today p4B "Impressive profits at Tiffany, NetApp lead markets higher" by Bloombergsays stocks gained for a 2nd day as higher than estimated corp profits at firms like Tiffany overshadowed data showing that the economy grew at a slower rate than forecast & jobless claims unexpectedly rose.

Thursday's Dow Jones Industrial Average closing numerator was 1,638.77 up 5.28 from Wednesday's closing numerator of 1,637.70. 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 Thursday's Dow Jones Industrial Average was $54.63 up 0.04 from Wednesday's average closing price of $54.59. The median closing price of Thursday's Dow Jones Industrial Average was $46.56 (AXP/JPM) up 0.22 from Wednesday's median closing price of $46.34. The lowest volume was 3M MMM $92.82 +0.13 0.14% 2,672,273 NYSE and the highest volume was again Bank of America BAC $11.46 +0.08 0.7% 123,755,643 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 made $107 ($163,877 - $163,770).

MarketWatch Thursday 5/26/11 4:57 pm by Laura Mandaro says US stocks overcame earlier losses Thursday to close up as technology and consumer discretionary stocks countered the weight of weaker-than-forecast jobless claims and first-quarter economic growth. The Dow Jones Industrial Average finished up 8.10 points, or 0.1%, to close at 12,402.76, with shares of Merck & Co. % and Home Depot Inc. dragging on the index. Nineteen out of the 30 stocks on the Dow finished in positive territory. The Nasdaq Composite Index led the rise in equity markets, boosted by shares of Microsoft Corp. which make up about 5% of the index’s weighting. The Nasdaq Composite rose 21.54 points, or 0.8%, to close at 2,782.92. Microsoft shares, also the best performer on the Dow, finished up 2% after Greenhorn Capital hedge-fund manager David Einhorn reportedly called on Steve Ballmer to step down, referring to the chief executive as an “overhang” on the company’s stock. Hewlett-Packard Co. shares also contributed to a gain on the Dow, rising 1.5%. Another big tech gainer on the day was S&P 500 stock NetApp Inc. with shares closing up 6.9%.
The S&P 500 Index rose 5.22 points, or 0.4%, to 1,325.69, with health care the worst performing sector and consumer discretionary the best.
Shares of Tiffany & Co. led the S&P 500, closing up 8.6%, after the high-end jewelry retailer beat Wall Street earnings estimates for the first quarter and raised its outlook for the year. Robert Pavlik, chief market strategist at Banyan Partners, said Microsoft’s and Tiffany’s gains along with a weaker dollar certainly helped to keep stocks in positive territory, but a general lack of investor confidence appears to be restricting the S&P 500 to its 50-day moving average, currently around 1,330. “There’s almost an indication the market wants to recover but there’s just a lot of uncertainty,” Pavlik said. Peter Cardillo, chief market economist at Avalon Partners, said investors may be seeing equity markets as the best place to put their money in reaction to weak GDP figures. Before the opening bell, the Commerce Department said the U.S. economy expanded at the same 1.8% rate it had earlier forecast for the first quarter. Economists had expected the government to revise the gross-domestic-product growth rate to 2.2%. “Second-quarter GDP will be 2.25% or 2.5% rather than 3%, so the Fed won’t raise interest rates any time soon,” Cardillo said. “So there’s no place to put money, and we go back to the first equation of corporate profits are still strong.” All three indexes had spent morning trading in the red, as investors digested weak economic data, but moved into positive territory by midday. On the New York Stock Exchange, about five stocks advanced for each two decliners by the end of the day. About 864 million shares changed hands by market close with 72.6% of the volume for advancing stocks. Earlier in the day, the Labor Department said the number of people who filed applications for unemployment benefits rose by 10,000 to 424,000 in the week ended May 21. Economists had expected a decline. Another obstacle for stocks were comments from Eurogroup head Jean-Claude Juncker, who reportedly said the International Monetary Fund may withhold its portion of aid to Greece next month because of a lack of a refinancing guarantee from the country. Oil and metals futures settled down for the day. Gold for June delivery fell 0.3% to settle at $1,522.80 an ounce and crude oil for July delivery fell 1.1% to settle at $100.23 a barrel on the New York Mercantile Exchange.

Thursday's Closing Dow Numbers and Friday's News:

AT&T T $31.11 +0.11 0.35% 20,201,011 NYSE: WS pC12 "Consolidation prize for cell stocks" says since At&T said it would buy T-Mobile on 3/20 the idea of consolidation has pushed up the stock of 2 small wireless firms, leap Wireless and MetroPCS.

NYT pB3 "AT&T's plan to buy T Mobile mayr educe competition, Legislators warn" by Bllomberg says members of Congress expressed this concern Thurs and at a May 11 Senate hearing.

Alcoa AA $16.37 +0.04 0.24% 17,945,789 NYSE: No mentions found.

American Express AXP $50.68 +0.27 0.54% 6,087,514 NYSE: No mentions found.

Bank of America BAC $11.46 +0.08 0.7% 123,755,643 NYSE: WSJ pC2 "BofA, Morgan Stanley settle military charges" by Brent Kendall, NYT pB1 "Mortgage copanies settle suits on military foreclosures" by Diana Henriques say Bank of America and MOrgan Stanley will pay more than $22 mil to settle charges they wrongfully foreclosed on active duty military members without getting court orders

Boeing BA $76.66 +0.34 0.45% 4,377,119 NYSE: No mentions found.

Caterpillar CAT $104.19 +0.94 0.91% 6,633,588 NYSE: No mentions found.

Chevron CVX $103.36 +0.11 0.11% 6,610,777 NYSE: No mentions found.

Cisco CSCO $16.25 +0.06 0.37% 64,564,000 NASDAQ-GS: No mentions found.

Coke KO $66.7 -0.21 0.31% 7,431,046 NYSE: No mentions found.

Disney DIS $40.99 -0.14 0.34% 11,190,664 NYSE: No mentions found.

DuPont DD $51.97 -0.19 0.36% 5,000,993 NYSE: No mentions found.

Exxon XOM $82.39 +0.43 0.52% 16,880,113 NYSE: No mentions found.

GE $19.42 +0.20 1.04% 41,219,128 NYSE: No mentions found.

Hewlett-Packard HPQ $36.55 +0.54 1.5% 27,145,449 NYSE: WSJ pC7 "Dow chalks up 8 point gain" by Brendan Conway says stocks closed slightly higher as strength in the consumer discretionary and tech sectors overshadowed weak economic data. The Dow was propelled higher by Microsoft which rose 48 cents and Hewlett-Packard which gained 54 cents.

Home Depot HD $36.19 -0.44 1.2% 8,047,107 NYSE: No mentions found.

Intel INTC $22.5 -0.18 0.79% 44,368,252 NASDAQ-GS: Inv. Bus. Daily pA2 "Intel open to outside dsigns" says Intel would be willing to make core processors that aren't based on an Intel design.

IBM $167.18 0.57 0.34% 5,761,145 NYSE: No mentions found.

JPmorgan JPM $42.45 +0.18 0.43% 21,591,243 NYSE: No mentions found.

Johnson & Johnson JNJ $65.51 -0.78 1.18% 12,035,850 NYSE: Fin Times p14 "J&J seeks backing for new drugs" by Reuters, Inv. Bus. Daily pA2 "J&J" say Johnson & Johnson plans to seek approval for 11 new drugs between now & '15 as it revives its pharma biz, including mediciens for Alzheimer's, diabetes & arthritis.

Daily Report p5 "Jury awards $10 mil over child's use of Motrin" by Amaris Elliott-Engel says a Phil jury awarded this amount in a case where Motrin caused a severe disease in a little girl that left her blind in one eye & with skin sloughing off all over her body.

Kraft KFT $34.62 +0.19 0.55% 5,836,716 NYSE: No mentions found.

McDonald's MCD $82.43 -0.29 0.35% 7,166,754 NYSE: No mentions found.

Merck MRK $36.38 -0.31 0.84% 16,976,306 NYSE: WSJ pB1 "Clinical trial deals setback to good cholesterol drugs" by Ron Windlow, Inv. Bus. Daily pA2 "Study Niacin no help to heart" say fed health officials halted a clinical trial involving an HDL boosting drug from Abbott saying it didn't prevent heart attacks & strokes. This reverberated through other firms including Merck which are developing HDL raising drugs in hopes of cashing in on what heart experts call the HDL hypothesis which is that raising good cholesterol can help prevent heart and attacks & strokes beyond reductions from statins that lower bad cholesterol. Statins include Pfizer's Lipitor and Merck's Zocor which ae the largest selling class of medicines in the pharma industry's history.

Microsoft MSFT $24.67 +0.48 1.98% 77,928,368 NASDAQ-GS: WSJ pC12 "Overheard" says David Einhorn likes Delta Llloyd and Microsoft.

WSJ pC7 "Dow chalks up 8 point gain" by Brendan Conway says stocks closed slightly higher as strength in the consumer discretionary and tech sectors overshadowed weak economic data. The Dow was propelled higher by Microsoft which rose 48 cents and Hewlett-Packard which gained 54 cents.

WSJ pB1 "Ballmer bares China travails" by Owen Fletcher says because of software piracy, Microsoft gets about the same amount of rev in China as it does in the Netherlands and only 5% of what it gets in the US even though PC computer sales in US 7 China are the same. Reason: you can buy pirated Office and Windows programs on street corners for $2 in China.

Fin Times p12 "Microsoft's CEO", Inv. Bus. Daily pA2 ""Mcirosoft CEO ouster sought" say David Einhorn thinks Steve Ballmer should resign as CEO of Micorsoft.

Pfizer PFE $20.9 +0.12 0.58% 38,455,049 NYSE: WSJ pB1 "Clinical trial deals setback to good cholesterol drugs" by Ron Windlow says fed health officials halted a clinical trial involving an HDL boosting drug from Abbott saying it didn't prevent heart attacks & strokes. This reverberated through other firms including Merck which are developing HDL raising drugs in hopes of cashing in on what heart experts call the HDL hypothesis which is that raising good cholesterol can help prevent heart and attacks & strokes beyond reductions from statins that lower bad cholesterol. Statins include Pfizer's Lipitor and Merck's Zocor which ae the largest selling class of medicines in the pharma industry's history.

Procter & Gamble PG $66.19 -0.19 0.29% 8,934,862 NYSE: No mentions found.

3M MMM $92.82 +0.13 0.14% 2,672,273 NYSE: No mentions found.

Travelers TRV $61.21 -0.25 0.41% 3,324,890 NYSE: No mentions found.

United Technologies UTX $86.39 +0.13 0.15% 3,519,326 NYSE: No mentions found.

Verizon VZ $36.61 +0.21 0.58% 11,132,638 Dual Listed: No mentions found.

Walmart WMT $54.62 +0.06 0.11% 5,772,434 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. (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 5/23/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $397 [5]
2. Procter & Gamble PG 269 [4]
3. GE 205.5 [10.5]
4. Chevron CVX 204 [2]
5. IBM 204 [1]
6. Microsoft MSFT 203 [8.5]
7. WalMart WMT 192.5 [3.5]
8. AT&T T 184 [6]
9. Johnson & Johnson JNJ 180 [3]
10. JPMorgan Chase JPM 169 [4]
11. Pfizer PFE 162.5 [8]
12. Coke KO 154.5 [2.5]
13. Intel INTC 125.5 [5.5]
14. Bank of America BAC 116 [10]
15. Merck MRK 114 [3]
16. Verizon VZ 109.5 [3]
17. Cisco CSCO 90.5 [5.5]
18. McDonald's MCD 85.5 [1]
19. United Technologies UTX 79 [1]
20. Disney DIS 78 [2]
21. Hewlett-Packard HPQ 77.5 [2]
22. Caterpillar CAT 65.5 [.5]
23. 3M MMM 65.5 [.5]
24. Kraft KFT 61.5 [2]
25. American Express AXP 61.5 [1]
26. Home Depot HD 59 [1.5]
27. Boeing BA 56.5 [1]
28. DuPont DD 48 [1]
29. Travelers TRV 26 [.5]
30. Alcoa AA 17 [1]


Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 5/24/11:

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

AT&T T: 5/6/11 10Q for quarter ended 3/31/11
5/5/11 8K re: voting results of 4/29 Annual Meeting of Stockholders
4/29/11 8K re: sale of $3 bil of Global Notes due '16 & '21
4/20/11 2 8Ks re: first quarter results
4/13/11 Prospectus & 4/1/aa S-4 re: offer to exchange $3.5 bil of 5.35% Global Notes due '40
3/31/11 & 3/21/11 2 8Ks re: purchase of T-Mobile USA, Inc. from Deutsche Telekom for $20 bil
3/29/11 8KA re: replacement of Richard Lindner as CFO with John J. Stephens
3/10/11 Proxy Statement re: Annual Meeting of Stockholders to be held on 4/29/11 in Little Rock, Ark

Alcoa AA: 5/18/11 8K re: Chris Ayers elected Pres. of AA Blobal Primary Products
5/11/11 8K re: retirement of Joe Gorman from Bd. of Dires
5/6/11 8K re: Issuance of Sustainability Highlights Report
4/29/11 8K re: tender offer for 6% '13 Notes
4/29/11 8K re: grants under Stock Incentive Plan
4/27/11 Proxy materials re: exec comp
4/21/11 10Q & 4/21/11 8K re: first quarter results ending 3/31/11
4/14/11 8K transcript re: 1Q earnings conference call
4/13/11 8K & Prospectus re: issuance of $1.2 bil of 5.4% Notes due '21 & tnender offer for 5.3% Notes due '13
3/7/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/6/11 in Pittsburg, PA

American Express AXP: 5/16/11 re: delinquency & write-off stats for period ended 4/30/11
5/5/11 8KA & 8K re: appointment & compensation of David Cornish as Acting Comptroller
5/4/11 10Q quarter ended 3/31/11
4/26/11 8K re: departure of Comptroller & also Deputy Comptroller
4/20/11 8K re: 1Q results ending 3/31/11
4/18/11 8K re: delinquency & write-off statistics for 1Q ended 3/31/11
3/28/11 8K re new digital payments platform "Serve"
3/24/11 & 3/23 & 3/22 Proxy materials re: 2011 Annual Meeting of Shareholders at 5/2/11 at AXP Headquarters in NYC
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

Bank of Am BAC: 5/11/11 8K re: Voting results of Stockholders Annual Meeting held 5/16
5/5 10Q for quarter ended 3/31/11
5/2/11 8K re: update of legal opinion re: Medium-Term Notes
4/28/11 Proxy re: voting at 5/11 Stockholder Meeting and info re: independence of nominee for Board
4/15/11 8K re: shuffling of execs, C. Noski, E. O'Keefe & B. Thompson
4/15/11 re results of 1Q ending 3/31/11
3/3011 Proxy re: Annual Meeting of Stockholders on 5/11/11 at BAC Headquarters in Charlotte, N.C.
3/23/11 8K re: submission to Fed Res. Baord of comprehensive capital plan
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

Boeing BA: 5/3/11 8K re: amending bylaws decreasing Board from 13 to 12
4/27 10Q & 4/27/11 8K re: quarter ended 3/31/11
3/21/11 Annual Report to Sahreholders
3/18/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/2/11 in Chicago

Caterpiller CAT: 5/23/11 Proxy re: voting reminder re: 6/8 Meeting of Stockholders
5/23/11 8K re: revisions to 10K fin'l statements
5/19/11 8K re: dealer stats
5/9/11 10Q for quarter ended 3/31/11
4/29/11 8K re: info re: sales to dealers
4/29/11 8K re fin'l results quarter ended 3/31/11
4/15/11 Proxy re: Annual Meeting of Stockholders on 6/8/11 at Little Rock, Ark.
3/8/11 8K re: price changes of products

Chevron CVX: 5/5/11 10Q & 4/29/11 8K re quarter ended 3/31/11
4/14/11 4 Proxy filings re: Annual Meeting of Stockholders on 5/25/11 at Chevron headquarters in San Ramon, CA.

Cisco CSCO 5/11/11 8K re: results of quarter ended 4/30/11
3/28/11 8K re: pre-arranged stock trading plan for certain execs
3/22/11 8K-A re: election of Gary B. Moore as COO
3/18/11 8K re: initiation of quarterly cash dividends of 6 cents per share to be paid 4/20

Coke KO 5/2/11 10Q & 4/26/11 8K for quarter ended 4/1/11
4/29/11 8K re: voting results of Annual Meeting of Shareholders held on 4/27
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.

Disney DIS 5/20/11 8K re: sales of $500 mil 3.75% Global Notes Due '21
5/10 8K & 5/10/11 10Q re: quarter ended 4/2/11
3/25/11 8K re: adoption of exec stock option plan
3/18/11 two 8Ks re: amendment to employment Agreement of CEO Robert A. Iger & other execs.

DuPont DD: 5/24/11 8K re: completion of acquisition of 92.2% of shares of Danisco SA
5/5/11 8K re: tender offer for Danisco
5/3/11 8K re: voting results of 4/27 Annual Meeting of Stockholders
4/26/11 10Q for quarter ended 3/31/11
4/21/11 8K re results for quarter ended 3/31/11
4/13/11 Proxy re annual meeting of stockholders on 4/27/11 in Wilmington, DE
3/31/11 S-3 shelf registration for debt securities and common stock
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

ExxonMobil XOM: 5/6/11 Proxy re: add'l material re: advisory vote on exec comp
5/5/11 10Q & 4/28/11 for quarter ended 3/31/11
4/29/11 8K re: amendment of bylaws making Treasurer also CFO
4/14/11 Annual Report to Shareholders
4/13/11 2 Proxy filings re: annual meeting of shareholders on 5/25/11 in Dallas, TX

GE: 5/6/11 10Q for quarter ended 3/31/11
5/2/11 8K re: voting results of 4/27 Annual Meeting of Shareholders
4/21/11 8K re: first quarter results
4/18/11 proxy re: answers to shareholder's question re: CEO's stock options
4/15/11 Annual Report to Shareholders
4/711 & 3/30/11 Proxy materials re: proposal on exec comp proposal at annual meeting of shareholders on 4/27/11
3/14/11 Proxy re: Annual Shareholders Meeting on 4/27/11 in Salt Lake City, Utah

Hewlett-Packard HPQ: 5/7/11 8k re: fin'l results for quarter ended 4/30/11
3/28/11 8K re amendment of by-laws to decrease number of directors from 17 to 13
3/22/11 8K re: info re: status of Hewlett-Packard employees as a result of Japanese earthquake
3/11/11 Proxy Materials re: opposition to ISS voting recommendations re: exec comp.

Home Depot HD: 5/17/11 8K re: fin'l results for quarter ended 5/1/11
4/18/11 Annual Report to Shareholders
4/15/11 proxy re: annual meeting of shareholders on 6/2/11 in Atlanta
3/31/11 8K re: underwriting agreement re: $3 bil of Senior Notes due 2021 & 2041

Intel INTC: 5/24/11 8K re: Voting results of 5/19/11 Annual Meeting of Stockhodlers
5/17/11 8K re: FD disclosures re: investor Meeting
5/11/11 8K re: increase in 3rd Quarter dividend
5/9/11 8K & 5/9/11 10Q for quarter ended 4/2/11
4/20/11 & 4/19/11 8Ks re: financial info & CFO commentary re: results for quarter ended 4/2/11
4/13/11 8K re: fin'l info re: recently closed acquisition of Infineon Wireless & McAfee
4/7/11, 4/5/11 & 4/4/11 Proxy materials re: annual meeting of shareholders on 5/19/11 at Intel's headquarters in Santa Clara, CA
3/21/11 8K re: fin'l info re: its McAfeesubsidiary
2/28/11 8K re: completion of acquisition of McAfee

IBM: 5/11/11 8K re: issuance of $1 bil of debt
4/28/11 8K re: voting results of 4/26/11 Meeting of Stockholders
4/26/11 10Q for quarter ended 3/31/11
4/20/11 & 4/19/11 8Ks re: CFO comments re: 1Qtr fin'l results ended 3/31/11
3/25/11 Proxy re: voting at annual meeting of stockholders on 4/26
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.

JPMorganChase JPM: 5/24/11 8K re: legal opinion re: $500 mil Floating Senior Medium Term Notes due '16
5/23/11 8K Voting results of Shareholder Meeting held 5/17/11
5/10/11 8K re: legal opinion re: $2 bil of 4.6% Notes due '21
5/6/11 10Q for quarter ended 3/31/11
4/29/11 8K re: legal opinion for $2 bil Floating Senior Medium Term Notes
4/29/11 8K re: registering Global Notes
4/20/11 Proxy brochure entitled "Overview"
4/14/11 8K re: entering into consent orders with Fed. Reserve re: residential mortgage servicing activities
4/13/11 2 8Ks re: first quarter results
4/7/11 3 proxy filings re: annual meeting of shareholders on 5/17/11 in Columbus, Ohio
3/24/11 8K re: offering of $500 mil Floating Rate Notes due 2016
3/24/11 & 3/23/11 8Ks re: offering of Global Medium Term Notes

Johnson & Johnson JNJ : 5/20/11 8K re: sale of over $4 bil of Notes due '13 - '41
5/2/11 8K re: merger agreement with Synthes
4/29/11 8K re: voting results of 4/28 Meeting of Shareholders
4/27/11 8K re: offer to buy Synthes for $21.3 bil
4/19/11 Proxy re: annual meeting of shareholders on 4/28 in New Brunswick, NJ
4/19/11 8K re: first quarter results
4/15/11 8K re: settlement between Merck & JNJ re: dispute re: distribution of Remicade & Simponi
4/8/11 8K re: payment of $70,0006,316 fine for violating Foreign Corrupt Practices Act
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 Pennsylvania

Kraft KFT: 5/6/11 10Q & 5/5/11 8K for quarter ended 3/31/11
4/8/11 8K & 3/14/11 8K re: departure of CFO Timothy R. McLevish to be replaced by David A. Brearton
4/5/11 8K re: entering into revolving credit agreement for $4.5 bil
3/31/11 8K & Proxy re: nomination of Dr. Peter Henry for Board of Dir at 5/24/11 annual meeting of shareholders in Skokie, Ill

McDonald's MCD: 5/23/11 8K re: voting results of 5/19 Shareholder Meeting
5/20/11 8K re: issuance of $400 mil Medium-Term Notes
5/16/11 proxy material re: stock options
5/9/11 8K re: Invetor Release re: April sales
5/6/11 10Q for quarter ended 3/31/11
5/3/11 proxy materials re: reminder how to vote
4/21/11 8K re: first quarter results
4/15/11 Proxy re: talking points
4/13/11 Annual Report to Shareholders
4/18/11 3 Proxy filings re: annual meeting of shareholders on 5/19/11 at McDonald's Headquarters in Oak Brook, Ill & proposal to amend cert. of incorp.
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.

Merck MRK: 5/9/11 10Q & 4/29/11 8K re: quarter ended 3/31/11
4/15/11 8K re: settlement between Merck & JNJ re: dispute re: distribution of Remicade & Simponi
4/14/11 Annual Report to Shareholders
4/13/11 2 Proxy filings re: annual meeting of shareholders on 5/24/11 at North Branch, NJ
4/5/11 Schedule to tender offer to shareholders of Inspire Pharmaceuticals
3/24/11 8K re: termination of agreement between Merck & Sanofi-Aventis re: Sanofi's right to buy Merck's Merial animal health subsidiary

Microsoft MSFT: 5/10/11 8K re: purchase of Skype for $8.5 bil in cash
4/28/11 10Q & 4/28/11 8K for quarter ended 3/31/11
2/8/11 8K re: underwriting agreement for $750 mil of 2.5% Notes due 2016


Pfizer PFE: 5/12/11 10Q & 5/3/11 8K for quarter ended 4/3/11
5/3/11 8K re: voting results of shareholder Meeting held on 4/28
4/14/11 & 4/11/11 Proxy & 3/22/11 2 Proxy filings re: 4/28/11 annual meeting of shareholders in Dallas, TX
4/4/11 8K re: selling Capsugel subsidiary to KKR
3/24/11 Annual report to shareholders

Procter & Gamble PG: 5/12/11 8KA re: election of Margaret Whitman to Board
5/4/11 8K re: retirement of Ed Shirley as Vice Chair, Beauty & Grooming
4/29/11 10Q & 4/28/11 8K for quarter ended 3/31/11
4/11/11 8K re: declaration of 9% quarterly dividend increase
4/5/11 8K re: sale of Pringles to Diamond
3/24/11 8K re: P&G & Teva Pharmaceutical Industries partnership for OTC medicines
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: 5/18/11 2 8Ks re: pre-arranged stock trading plans for General Counsel & CEO respectively
5/16/11 8K re: election of Inge Thulin as EVP & COO
5/11/11 8K re: voting results from 5/10/11 Annual Meeting of Stockholders
5/5/11 10Q & 4/26/11 for quarter ended 3/31/11
4/26/11 Porxy material re: how to vote at 5/10 Annual Meeting of Stockholders
4/7/11 8K re: results of first quarter 2011
4/6/11 8K re: executive changes re: chief accounting officer
3/29/11 Proxy material to correct errors re: prior filing re: stock ownership of directors & officers
3/24/11 annual report to shareholders
3/23/11 2 proxy filings re: 5/10/11 annual meeting of stockholders in St. Paul, Minnesota
3/15/11 8K re: retirement of CFO Patrick D. Cambell to be replaced by David W. Meline

Travelers TRV: 4/21/11 10Q & 8K for quarter ended 3/31/11
4/12/11 anual report to shareholders
4/12/11 2 proxy filings re: annual meeting of shareholders on 5/26/11 at Hartford, CT

United Technologies UTX: 4/25/11 10Q for quarter ended 3/31/11
4/20/11 8K re: first quarter results
4/19/11 8K re proposal to amend long term incentive plan
2/25/11 Proxy re: Annual Meeting of Shareholders on 4/13/11 in Phoenix, AZ

Verizon Communications Inc. VZ: 5/10/11 8K re: voting results from 5/5/11 Annual Meeting of Shareholders
4/28/11 10Q for quarter ended 3/31/11
4/21/11 8K re: first quarter results
4/11/11 8K re: Verizon completion of Terremark acquisition
4/8/11 Schedule to tender offer re: Terremark acquisition
4/4/11 Proxy re; compensation proposal
3/25/11 Prospectus re: $6.25 bil notes
3/21/11 Proxy re: 5/5/11 annual meeting of shareholders in Indianapolis, Indiana
3/7/11 8K re: election of Lowell C. McAdam to Board of Director (he is Pres/COO)

WalMart WMT: 5/17/11 8K re: fin'l results for quarter ended 4/30/11
4/19/11 annual report to shareholders
4/18/11 2 Proxy filings re: annual meeting o shareholders on 6/3/11 at U. of Ark in Fayetteville, Ark.
4/15/11 8K & 4/13/11 Prospectus re: issuance of $5 bil of notes
3/30/11 10K for fiscal year ended 1/31/11