Thursday, December 1, 2011

12/1/11 Thurs pm Dow Closes at 12,020.03 down 25.65 or 0.21%

www.DowJonesMonitor.com

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Post No. 1,349 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 and Dow 30 components' SEC filings in each case as of December 1, 2011.

The Dow Jones Industrial Average closed Thursday at 12,020.03 down 25.65 or 0.21% from Wednesday's close of 12,045.88. Of the 30 Dow components 9 gained, GE was unchanged and 20 declined. The biggest gainer dollar-wise and percentage-wise was Boeing BA $70.98 +2.29 3.33% 11,982,229 NYSE. The biggest decliner dollar-wise was Alcoa AA $9.81 -0.21 2.1% 21,648,515 NYSE and percentage-wise was Travelers TRV $55.04 -1.21 2.15% 5,219,441 NYSE.

As of the open of the market Thursday, the current divisor for the Dow Jones Industrial Average found at page C5 of Thursday's Wall St. Journal is 0.132129493. Thursday's trailing P/E ratio is 13.03 up from Wednesday's trailing P/E ratio of 12.50 (year ago it was 14.35); Thursday's P/E estimate is 11.55 unchanged from Wednesday's P/E estimate of 11.55 (year ago it was 12.95), and today's dividend yield is 2.61 down from Wednesday's dividend yield of 2.72 (last year it was 2.54). 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.

Thursday's Dow Jones Industrial Average closing numerator was 1,588.20 down 3.41 from Wednesday's closing numerator of 1,591.61. 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 $52.94 down $0.11 from Wednesday's average closing price of $53.05. The median closing price of Thursday's Dow Jones Industrial Average was $42.53 (DD/VZ) down $0.20 from Wednesday's median closing price of $42.73. The lowest volume was United Technologies UTX $76.58 -0.02 0.03% 2,713,235 NYSE and the highest volume again was Bank of America BAC $5.53 +0.09 1.65% 313,455,898 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 $341 ($159,150 - $159,150).

MarketWatch Thursday 12/1/11 4:43 pm by Kate Gibson says US stocks on Thursday tilted lower after the prior day’s surge as Wall Street turned wary before Friday’s November jobs report and after claims for unemployment benefits rose last week. “It’s nice to consolidate some gains as it’s been such a huge week so far for the markets. Claims were okay, but back over 400,000 again, which cast a little bit of a shadow over what tomorrow’s report might bring,” said Jeffrey Kleintop, chief market strategist at LPL Financial in Boston. U. .S. stocks fell slightly a day after a blowout rally, as U.S. jobless claims rose unexpectedly and China reported weak manufacturing data. The Dow Jones Industrial Average fell 25.65 points, or 0.2%, to 12,020.03, with 20 of its 30 components losing ground. The S&P 500 Index shed 2.37 points , or 0.2%, at 1,244.59 with financial firms the heaviest weight and technology the best performing of its 10 major sectors.
The Nasdaq Composite Index gained 5.86 points, or 0.2%, to 2,626.20.
Shares of Yahoo Inc. rose 3.3% on reports that a private-equity backed group might make a bid for the search engine. Decliners remained just ahead of advancers on the New York Stock Exchange, where almost 856 million shares traded. Composite volume topped 3.8 billion. On Wednesday, composite volume on the Nyse neared 5.8 billion shares, the largest volume day since Oct. 27. “It was nice to see some conviction in a big day,” said Kleintop. Stocks rallied more than 4% Wednesday, which Kleintop noted was the 11th strongest day, volume-wise, in what has overall been a low-volume year.
‘We got the shock and today’s the aww, spelled a-w-w.’ The Chicago Board Options Exchange Market Volatility Index on Thursday fell under 30 for a second day, signaling the level of market anxiety has declined, said Randy Frederick, managing director of trading at Charles Schwab. “This is a really low level for the VIX on a short-term basis,” in other words, in looking at the past four months, said Frederick, who believes Wednesday’s action by global central banks was “what the markets have been looking for.” The Institute for Supply Management’s factory index climbed to 52.7 in November from 50.8 the month before and the number of Americans filing for unemployment benefits last week topped 400,000 after three weeks of coming in below that level. “The economic data in the U.S. continue to hang in well and hopefully it continues but we realistically can’t ignore the growing credit crunch in Europe as we enter 2012 and what spill over impact that will have on everyone else,” Peter Boockvar, equity strategist at Miller Tabak, wrote in emailed commentary. Spain and France sold 8.1 billion euros ($10.9 billion) in bonds Thursday, pushing yields down.
Wall Street’s retreat on Thursday comes “in the context of a 500-point rally yesterday and as we’re staring into the face of the nonfarm payrolls number tomorrow, so investors are willing to sit on their hands for 24 hours,” said Paul Nolte, managing director at Dearborn Partners in Chicago. Read preview of jobs data. “We got the shock and today’s the aww, spelled a-w-w” said Nolte of the slide that followed the jump that came Wednesday after the Federal Reserve and five other central banks joined in lowering the cost for lenders to borrow in dollars. Wall Street’s surge Wednesday had the Dow industrials up nearly 500 points in its largest leap in more than two years after the central banks’ coordinated move.

Thursday's Closing Dow Numbers:

Symbol Last Sale Change % Change Share Volume Market
AT&T T
$28.84 -0.14 0.48% 21,770,977 NYSE

Alcoa AA
$9.81 -0.21 2.1% 21,648,515 NYSE

American Express AXP
$47.79 -0.25 0.52% 6,321,543 NYSE

Bank of America BAC
$5.53 +0.09 1.65% 313,455,898 NYSE

Boeing BA
$70.98 +2.29 3.33% 11,982,229 NYSE

Caterpillar CAT
$96.82 -1.06 1.08% 7,464,375 NYSE

Chevron CVX
$101.83 -0.99 0.96% 6,979,394 NYSE

CSCO
$18.58 -0.06 0.32% 41,359,638 NASDAQ-GS

Coke KO
$66.83 -0.40 0.59% 7,667,366 NYSE

Disney DIS
$35.99 +0.14 0.39% 10,320,668 NYSE

DuPont DD
$47.29 -0.43 0.9% 4,837,568 NYSE

Exxon XOM
$79.79 -0.65 0.81% 16,575,459 NYSE

GE
$15.91 unch unch 57,356,702 NYSE

Hewlett-Packard HPQ
$28.22 +0.27 0.97% 22,100,090 NYSE

Home Depot HD
$39.34 +0.12 0.31% 9,587,284 NYSE

Intel INTC
$24.92 +0.01 0.04% 51,525,177 NASDAQ-GS

IBM
$189.45 +1.45 0.77% 4,776,982 NYSE

JPMorgan JPM
$30.46 -0.51 1.65% 32,850,581 NYSE

Johnson & Johnson JNJ
$64.45 -0.27 0.42% 9,794,888 NYSE

Kraft KFT
$36.5 +0.35 0.97% 11,133,531 NYSE

McDonald's MCD
$95.5 -0.02 0.02% 4,825,082 NYSE

Merck MRK
$35.68 -0.07 0.2% 12,510,566 NYSE

Microsoft MSFT
$25.28 -0.30 1.17% 48,367,515 NASDAQ-GS

Pfizer PFE
$20.03 -0.04 0.2% 42,397,321 NYSE

Procter & Gamble PG
$64.08 -0.49 0.76% 9,276,095 NYSE

MMM
$80.3 -0.74 0.91% 3,819,890 NYSE

Travelers TRV
$55.04 -1.21 2.15% 5,219,441 NYSE

United Technologies UTX
$76.58 -0.02 0.03% 2,713,235 NYSE

Verizon VZ
$37.77 +0.04 0.11% 12,224,149 DualListed

Walmart WMT
$58.61 -0.29 0.49% 8,659,590 NYSE

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The following are excerpts from Thursday morning's Blog.

A read of the print editions of Thursday's Wall St. Journal, Financial Times, Investor's 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 Wednesday's stock prices and related data.

Dow Jones Industrial AverageThe Dow Jones Industrial Average closed Wednesday at 12,045.88 up 490.05 or 4.24% from Tuesday's close of 11,555.63. For the year the Dow is up 4.04%. Of the 30 Dow components all 30 gained. The biggest gainer dollar-wise was Caterpillar CAT $97.88 +7.34 8.11% 13,072,388 NYSE and percentage-wise was JPMorgan JPM $30.97 +2.41 8.44% 61,407,077 NYSE.

WSJ pC1 "Investors go on the risk offensive" by Tom Lauricella says global efforts by central banks to ease stresses on the world's banks drove fin'l markets sharply higher & sent US stocks to their biggest gain since they emerged from the fin'l crisis. The rally touched virtually every corner of the fin'l markets from stocks to commodities to the euro, in a sign that at least for a day investors were prepared to abandon their recent defensive stance & bet on a resolution of the many problems plaguing developed economies. The Dow had its biggest day of gains since 3/23/09.

Fin Times p30 "Metals & mining to the fore in S&P 500's best day since summer" by Ajay Makan says the S&P had is best day since Aug as US investors applauded coordinated central bank action to inject dollar liquidity itno the global economy.

NYT pB1 "Stocks soar on Central Banks' move skeptics doubt a lasting rally" by Christine Hauser says a move announced by central bankers on Wed to contain the European debt crisis resulted in euphoria in global stock markets, but it also prompted skeptics to wonder if this time will be different.

Inv. Bus. Daily pA1 "Stocks soar but few leaders hit highs" by David Saito-Chung says bulls gored the bears Wed as stocks rallied with gusto to close a nerve filled Nov. But the market still showed a relative scarcity of powerful breakouts & limited progress by leading stocks. If there ever was such a thing as a news driven market, Wed's session fit the bill as good US factory & jobs data, a tag team effort by major central banks to expand liquidity to cash thirsty banks, a surprise loosening of bank res requirements in China, & efforts to exapnd bailout funds in Europe spurred widespread buying.

USA Today p4B "Markets go up, up and away as banks fuel burst of buying" by Bloomberg says US stocks surged Wed driving the Dow up the most since Mar '09 after 6 central banks took action on Europe's debt crisis by making it cheaper for lenders to borrow in dollars. Fin'l shares rallied 6.6%, the biggest gains in the S&P among 10 groups. JPMorgan rose $2.41 & Bank of America advanced 37 cents. Caterpillar increased $7.34.

Wednesday's Dow Jones Industrial Average closing numerator was 1,591.61 up 64.77 from Tuesday's closing numerator of 1,526.84. 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 Wednesday's Dow Jones Industrial Average was $53.05 up $2.16 from Tuesday's average closing price of $50.89. The median closing price of Wednesday's Dow Jones Industrial Average was $42.73 (DD/VZ) up $3.37 from Tuesday's median closing price of $39.36. The lowest volume was United Technologies UTX $76.6 +3.62 4.96% 5,307,921 NYSE and the highest volume again was Bank of America BAC $5.44 +0.36 7.09% 436,243,405 NYSE.

If Wednesday 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 $6,466 ($159,150 - $152,684).

MarketWatch Wednesday 11/30/11 6:01 pm by Kate Gibson says US stocks rallied Wednesday, with the Dow industrials chalking up their best day in more than 2 ½ years, as the Federal Reserve and five other central banks moved to help banks hit by Europe’s debt crisis. “Everybody has ‘08 and ‘09 in the back of their head, this does give you more confidence that that scenario -- I can’t say it goes away, but is at least delayed,” said David Hefty, chief executive officer at Hefty Wealth Partners in Auburn, Ind. Central banks from developed nations took coordinated action to shore up the global financial system. The central banks are sending a message that they’ve identified the problem and that they are working together, he said. Such coordination could prevent a replay of the U.S. financial system’s near meltdown in 2008-2009. “The big deal is just saying they are going to be involved. It’s not like they brought out the tank, they brought out the six shooter,” he said.
Following up on October’s 9.5% rise with a 0.8% gain for November, the Dow Jones Industrial Average surged 490.05 points, or 4.2%, to 12,045.68, its first finish above 12,000 in two weeks and biggest jump since March 23, 2009.J.P. Morgan Chase & Co. JPM -0.23% led the gains that included all 30 of the blue chip indexes components, up 8.4%.Capping its largest three-day percentage climb since March 12, 2009, the S&P 500 added 51.77 points, or 4.3%, to 1,246.96, its best day since Aug. 11 and leaving the index off 0.5% for the month.Financials surged the most among the S&P’s 10 industry groups.Marking its largest jump since Aug. 23, the Nasdaq Composite COMP +4.17% advanced 104.83 points, or 4.2%, to 2,620.34, down 2.4% from the end of October.Stock trading can reach a frenzied pace during the day, but 24-hour trading has never really taken off.For every stock that lost ground nearly seven gained on the New York Stock Exchange, where nearly 1.7 billion shares traded; composite volume neared 5.9 billion.”The markets are still fairly thinly traded, but the market volume is getting stronger, and on days when market is going up the volume has been higher,” said Hefty.The Federal Reserve and the central banks of the euro area, Canada, the U.K., Japan and Switzerland agreed to reduce the cost of offering dollar financing through swap arrangements.“Central banks moving ahead of the curve generally doesn’t happen, so it’s indicative of a troublesome environment” in Europe, said Robert Pavlik, chief market strategist at Banyan Partners.China said it would reduce the reserve requirement ratio for banks by 0.5 percentage point from Dec. 5.“The move by China to reduce the reserve requirements last night is interesting. It indicates they are getting a bit nervous,” Pavlik said.As has been the case of late, U.S. economic data took a back seat to events overseas.The ADP employment report found an increase of 206,000 jobs in November, the biggest jump since last December.“The ADP just indicates the economy is on somewhat firm ground,” Pavlik said.In its Beige Book survey released Wednesday afternoon, the Fed said the U.S. economy expanded at a moderate pace in all but one of its 12 districts. Read more on Fed’s Beige Book.The report bolstered the idea that the economy, while not in danger of lapsing into recession, is too weak to put much of a dent in the unemployment rate.“Europe is driving the market because the expectation here is continued slow growth, which is a positive, but also a given in the market,” said Hefty at Hefty Wealth Partners.

Wednesday's Closing Dow Numbers & Thursday News:

Symbol Last Sale Change % Change Share Volume Market
AT&T T $28.98 +0.92 3.28% 33,344,876 NYSE: WSJ pB1 "AT&T readies Plan B" by Amupreeta Das, AJC pA20 "FCC casts doubt on wireless merger" by Peter Svensson say AT&T & Deutsche Telekom may form a jv that would pool network assets from the two top US wireless carriers if their acquisition deal falls apart.

WSJ pB15 "AT&T, China Telecom deepen connections" by Loretta Chao, Inv. Bus Daily pA2 "AT&T and China Telecom" say AT&T & China Telecom will connect their network infrastructure in the US & China to expand services for multinat'ls.

Alcoa AA $10.02 +0.71 7.63% 37,645,890 NYSE: No mentions found.

American Express AXP $48.04 +2.49 5.47% 12,229,292 NYSE: No mentions found.

Bank of America BAC $5.44 +0.36 7.09% 436,243,405 NYSE: WSJ pC1 "Getco takes floor against the tide" by Jacob Bunge says Getco LLC will buy most of Bank of America's floor trading operation at the NYSE.

Inv. Bus. Daily pA4 "BofA, SolarCity bringing solar to military housing nationwide" by Donna Howell says Merrill Lynch and SolarCity will put solar panels on 120,000 military housing units at bases across the nation.

USA Today p4B "Markets go up, up and away as banks fuel burst of buying" by Bloomberg says US stocks surged Wed driving the Dow up the most since Mar '09 after 6 central banks took action on Europe's debt crisis by making it cheaper for lenders to borrow in dollars. Fin'l shares rallied 6.6%, the biggest gains in the S&P among 10 groups. JPMorgan rose $2.41 & Bank of America advanced 37 cents. Caterpillar increased $7.34.

Boeing BA $68.69 +3.43 5.26% 8,581,350 NYSE: WSJ pA1 "Boeing makes peace with labor" by David Kesmodel, NYT pB1 "Machinists & Boeing reach deal" by Steve Grenhouse, USA Today p1B "Boeing, union reach tentative deal", AJC pA20 "Boeing, Machinists reach deal on contract" say Boeing and leaders of its main union reached a tentative settlement that could end one of the biggest US labor disputes in recent times but leave unresolved key questions about the gov's right to determine where firms locate their plants.

Caterpillar CAT $97.88 +7.34 8.11% 13,072,388 NYSE: USA Today p4B "Markets go up, up and away as banks fuel burst of buying" by Bloomberg says US stocks surged Wed driving the Dow up the most since Mar '09 after 6 central banks took action on Europe's debt crisis by making it cheaper for lenders to borrow in dollars. Fin'l shares rallied 6.6%, the biggest gains in the S&P among 10 groups. JPMorgan rose $2.41 & Bank of America advanced 37 cents. Caterpillar increased $7.34.

Chevron CVX $102.82 +5.43 5.58% 13,364,441 NYSE: WSJ pB14 "Chevron raps Brazil's spill response" by John Lyons says Chevron suspended from drilling in Brazil and facing a criminal probe for an oil lead says local authorities are overreacting.

CSCO $18.64 +0.96 5.43% 74,536,460 NASDAQ-GS: No mentions found.

Coke KO $67.23 +1.04 1.57% 12,642,467 NYSE: WSJ pD1 "A frosty reception for Coca-Cola's white Christmas cans" by Mike Esterl says Coke is switching back to its red cans just one month after rolling out its flagship cola in a snow white can for the holidays. Some consumers complained it looked similar to Det Coke's silver cans and other said it tasted different in the white cans.

Disney DIS $35.85 +1.85 5.44% 16,527,363 NYSE: WSJ pB6 "Disney boosts dividend" by Erica Orden, AJC pA20 "Walt Disney boosts dividend by 50%" says Disney increased its annual dividend to 60 cents a share, up 50% from the prior year, following storng quarterly and annual earnings. The increase of 20 cents a share comes after several straight quarters where it used cash for share buybacks. Disney had record profit and rev for the fiscal year ended 10/1. The dividend increase will cost it $360 mil a year. It generated $7 bil in operating cash flow in fy '11.

WSJ pB6 "Second Harry Potter park planner" by Lauren Schuker says NBCUniversal is planning to add a section to its LL.A them park. Harry Potter helped draw crowed to Universal Orlando which has long lagged behind rival theme parks in he area operated by Disney.

DuPont DD $47.72 +2.64 5.86% 8,109,043 NYSE: No mentions found.

Exxon XOM $80.44 +3.51 4.56% 33,920,460 NYSE: No mentions found.

GE $15.91 +0.99 6.64% 98,600,018 NYSE: No mentions found.

Hewlett-Packard HPQ $27.95 +1.05 3.9% 36,175,803 NYSE: No mentions found.

Home Depot HD $39.22 +0.26 0.67% 19,654,041 NYSE: Daily Report p6 "Home Depot, Lowe's performance indicate housing market stability" by Bloomberg says shares of Home Depot & Lowe's are outperforming other consumer discretionary stocks as the worst of the decines in the housing market may be over.

Intel INTC $24.91 +1.33 5.64% 73,440,505 NASDAQ-GS: No mentions found.

IBM $188 +7.06 3.9% 7,824,652 NYSE: Inv. Bus. Daily pB3 "IBM, Diageo pace rally global giants" by David Saito-Chung says IBM, McDonald's & Diageo particularly stood out Wed withsolid gains. IBM which celebrates 100 years of business this year, is working on a big weekly gain.

JPMorgan JPM $30.97 +2.41 8.44% 61,407,077 NYSE: USA Today p4B "Markets go up, up and away as banks fuel burst of buying" by Bloomberg says US stocks surged Wed driving the Dow up the most since Mar '09 after 6 central banks took action on Europe's debt crisis by making it cheaper for lenders to borrow in dollars. Fin'l shares rallied 6.6%, the biggest gains in the S&P among 10 groups. JPMorgan rose $2.41 & Bank of America advanced 37 cents. Caterpillar increased $7.34.

Johnson & Johnson JNJ $64.72 +1.94 3.09% 15,015,529 NYSE: No mentions found.

Kraft KFT $36.15 +0.82 2.32% 12,585,665 NYSE: No mentions found.

McDonald's MCD $95.52 +2.06 2.2% 7,675,617 NYSE: Inv. Bus. Daily pB3 "IBM, Diageo pace rally global giants" by David Saito-Chung says IBM, McDonald's & Diageo particularly stood out Wed withsolid gains. IBM which celebrates 100 years of business this year, is working on a big weekly gain.

Merck MRK $35.75 +1.27 3.68% 18,429,788 NYSE: No mentions found.

Microsoft MSFT $25.58 +0.74 2.98% 81,320,447 NASDAQ-GS: No mentions found.

Pfizer PFE $20.07 +0.67 3.45% 72,810,827 NYSE: Inv. Bus. Daily pA4 "Lipitor's post-patent future still involves creator Pfizer" by Amy Reeves says Pfizer's Lipitor lost its patent Wed and Watson Pharmaceuticals led the charge as it said it wil launch called atorvastatin.

Procter & Gamble PG $64.57 +2.04 3.26% 15,011,615 NYSE: No mentions found.

MMM $81.04 +3.80 4.92% 8,711,738 NYSE: No mentions found.

Travelers TRV $56.25 +2.18 4.03% 6,855,315 NYSE: No mentions found.

United Technologies UTX $76.6 +3.62 4.96% 5,307,921 NYSE: No mentions found.

Verizon VZ $37.73 +1.10 3% 17,470,086 DualListed: No mentions found.

Walmart WMT $58.9 +0.73 1.25% 14,802,532 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 Meg Whitman (Palo, Alto, CA)
Home Depot HD Frank Blake (Atlanta, GA)
Intel INTC Paul S. Otellini (Santa Clara, CA)
IBM Virginia M. Rometty (replaces Samuel J. Palmisano 1/1/12) (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 Lowell McAdam (NY, NY) Lowell C. McAdam
Wal-Mart WMT Mike Duke (Bentonville, ARK)

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Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest 1/2 billion as of 12/1/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $302.5 [5]
2. IBM 223 [1]
3. Microsoft MSFT 212 [8.5]
4. Chevron CVX 203 [2]
5. WalMart WMT 202 [3.5]
6. Procter & Gamble PG 176.5 [3]
7. Johnson & Johnson JNJ 176 [3]
8. AT&T T 171 [6]
9. GE 168 [10.5]
10. Pfizer PFE 154 [7.5]
11. Coke KO 152 [2.5]
12. Intel INTC 131 [5]
13. JPMorgan Chase JPM 116 [4]
14. Merck MRK 109 [3]
15. Verizon VZ 107 [3]
16. Cisco CSCO 102 [5.5]
17. McDonald's MCD 98 [1]
18. United Technologies UTX 69.5 [1]
19. Disney DIS 64.5 [2]
20. Kraft KFT 64.5 [2]
21. Caterpillar CAT 62.5 [.5]
22. Home Depot HD 60.5 [1.5]
23. Bank of America BAC 56 [10]
24. 3M MMM 56 [.5]
25. Hewlett-Packard HPQ 56 [2]
26. American Express AXP 55.5 [1]
27. Boeing BA 53 [1]
28. DuPont DD 43.5 [1]
29. Travelers TRV 23 [.5]
30. Alcoa AA 10.5 [1]

Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 12/1/11:

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

AT&T T: 11/28 8K re: redemption of subsidiary Cingular Wirelss' $2.97 bil debt
11/25/11 8K re: withdrawal from FCC of application to buy T-Mobile
11/7/11 10Q for qtr ended 9/30/11
10/27/11 8K re: redemption of 5.87% Notes due 2/1/12
10/20/11 2 8Ks re: 3Qtr results
9/8/11 8K re: redemption of certain notes
9/1/11 8K re: Dept. of Justice lawsuit to block AT&T acquisition of T-Mobile saying it will lessen competition & raise prices

Alcoa AA: 11/16/11 8K re: exec changes
10/20/11 10Q for Qtr ended 9/30/11
10/14/11 8K re: transcript of 3Qtr earnings call
10/12/11 8K re: 3Qtr results

American Express AXP: 11/15/11 8K re: delinq. & write-off stats for Aug, Sept & Oct
11/4/11 8K re: exec changes
11/2/11 10Q for Qtr ended 9/30/11
10/19/11 8K re: 3Qtr results
10/17/11 8K re: delinq & write-f stats for 3 months eded 9/30/11
9/15/11 & 9/14/11 8Ks re: delinquency & write-off stats for 3 months ended 8

Bank of Am BAC: 12/1/11 Proxy re: amendment of Dec. of Trust for Preferred HITs
11/17/11 8K re: exchange of preferred shares
11/2/11 10Q for Qtr ended 9/30/11
10/18/11 8K re: 3Qtr results
10/7/11 8K re: separation contracts with Sallie L. Krawcheck & Joe L. Price
9/7/11 8K re: exec changes including departure of Sallie Krawcheck
9/1/11 8K re: Amend Cert of Inc to designate Pref. Shares sold to Berkshire Hathaway for $5 bil

Boeing BA: 11/14/11 8K re: $2.3 bil revolving credit agrmt.
11/1/11 8K re: exec changes
10/26/11 10Q for Qtr ended 9/30/11
10/26/11 8K re: 3Qtr results
10/4/11 8K re: election of ex-Contintel CEO Larry Kellner as Director
9/30/11 8K & 8KA re: frequency of shareholder advisory votes

Caterpiller CAT: 11/18/11 8K re: past 3 monts dealer stats
11/4/11 10Q for Qtr ended 9/30
10/24/11 8K re: 3 month dealer stats
10/24/11 8K re: results for quarter ended 9/30/11
9/30/11 8K re: price increases
9/29/11 8K re: 3 month dealer stats
9/20/11 8KA 3 Mos dealer stats thru Aug
9/16/11 re: credit agreement

Chevron CVX: 11/3/11 10Q for Qtr ended 9/30/11
10/28/11 8K re: 3Qtr results
10/11 8K re: 3Qtr results
9/7/11 8K/A re: frequency of shareholder advisory votes

Cisco CSCO 11/22/11 10Q & 8K for Qtr ended 10/29
10/18/11 14A proxy (two) re: Annual Shareholder Meeting to be held 12/7/11 at Santa Clara, CA
9/20/11 8K re: contract with Exec VP Wim Elfrink
9/14/11 10K for year ended 7/30/11

Coke KO 11/10/11 Prospectus re: exchange of $1.6 bil of 2016 Notes
10/28/11 S-4 re: exchange of 3.3% Notes due '21 for 1.8% Notes due '16
10/27/11 10Q for Qtr ended 9/30/11
10/18/11 8K re: 3Qtr results
9/1/11 8K re: issuance of senior notes

Disney DIS 11/23/11 10K & 11/10/11 8K re: results for fiscal year ened 10/1/11
10/25/11 8K re: resignation of Director John E. Bryson to become U.S. Secretary of Commerce
10/7/11 8K re: extension of CEO Robert A. Iger's employment contract

DuPont DD: 11/22/11 8K : re: election of Lee M. Thomas as Director
10/25/11 10Q & 8K re: results for 3Qtr ended 9/30/11

ExxonMobil XOM: 11/29/11 8K re: exec changes
11/3/11 10Q for Qtr ended 9/30/11
10/27/11 8K re: 3Qtr results

GE: 11/8/11 10Q for Qtr ended 9/30/11
10/21/11 8K re: 3Qtr results
9/13/11 8K re: redemption of shares held by Berkshire Hathaway for $3.3 bil

Hewlett-Packard HPQ: 11/8/11 10Q & 11/21/11 8K re: results of year and Qtr ended 10/31/11
11/17/11 8K re: election of Ralph V. Whitworth to Board of Dirs
10/27/11 8K re: decision to keep PC unit
10/3/11 8K re: acceptance of offers to acquire Autonomy
9/29/11 8K re: separation contract with ex-CEO Leo Apotheker
9/28/11 8K re foreign antitrust approval of acquisition of Autonomy
9/22/11 8K re: replacement of CEO Leo Apotheker with Meg Whitman effective immediately
9/19/11 8KA & 8K re: issuance of flotaing global notes
9/13/11 8K re: purchase of Autonomy Corp.
9/9/11 10Q for quarter ended 7/31/11

Home Depot HD: 11/29/11 10Q & 11/15/11 8K re: results of Qtr ended 10/31/11
9/1/11 10Q for quarter ended 7/31/11

Intel INTC: 11/4/11 10Q for Qtr ended 10/1/11
10/19/11 & 10/18/11 8Ks re: Results for Qtr ended 10/1/11
9/19/11 & 9/14/11 8Ks re; offering of $5 bil of notes

IBM: 11/14/11 8K re: $10 bil Credit Agrmt
10/31/11 8K re: offering of $1.85 bil of debt
10/26/11 8K re: election of Virginia M. Rometty as CEO
10/25/11 8K re: election of David Farr, CEO of Emerson, to Bd.
10/25/11 10Q & 10/18/11 8K & 10/17/11 8K re: results for Qtr ended 9/30/11

JPMorganChase JPM: 11/8/11 8K re: election of James A. Bell as Dir.
11/4 28ks & 10Q re: Qtr ended 9/30/11
10/26/11 8K re: offering of $1.75 mil of 4.35% Notes due '21
10/13/11 8K re: 3Qtr results
9/30/11 8K re: reorganiz. of Retail Fin'l Services & Card Business segments
9/13/11 8K re: FD Disclosure re: guidance given at investor conference

Johnson & Johnson JNJ : 11/30/11 8K re: purchase of synthes & offer to hire its CEO
11/22/11 8K re: exec changes
11/8/11 10Q for Qtr ended 10/2
10/27/11 S-4 re: acquisition of Synthes
10/18/11 8K re: results for Qtr ended 10/2/11

Kraft KFT: 11/4/11 10Q & 11/2/11 8K re: Qtr ended 9/30/11
9/7/11 8K re: FD Disclosure re: presentation at investor conference

McDonald's MCD: 11/14/11 8K re: Investor Release re: Growth Plans
11/8/11 8K re: Oct sales
11/4/11 10Q for Qtr ended 9/30/11
10/21/11 8K re: results for 3Qtr ended 9/30/11
9/30/11 8K re: issuance of $500 mil med-term notes
9/26/11 8K re; declaration of quarterly cash dividend
9/12/11 8K re: August sales

Merck MRK: 12/1/11 8K re: election of CEO Ken Frazier to Bd & retirement of former CEO Richard Clark from Board
11/10/11 8K & 11/8/11 10Q re Investor Presentation re results for Qtr ended 9/30/11
10/28/11 8K re: results for 3Qtr
10/12/11 8K/A re: frequency of shareholder advisory votes on exec comp

Microsoft MSFT: 11/17/11 8K re: votings results from Annual Shareholder Meeting
10/20/11 10Q & 8K re: results for Qtr ended 9/30/11
10/18/11 & 10/4/11 & 10/3/11 14A Proxies re: Annual Meeting of Shareholders to be held 11/15/11 at Bellevue, Wash.

Pfizer PFE: 11/10/11 10Q & 11/1/11 8K for Qtr ended 10/2/11

Procter & Gamble PG: 11/3/11 8K re: Guidance
11/1/11 8K re: delay of sale of Pringles to Diamond Food
10/27/11 10Q & 8Ks (two) re: results of 3 Qtr ended 9/30/11
10/14/11 8K re: voting results of annual meeting of shareholders
10/11/11 *K re: quarterly dividend of 52.5 cents
10/11/11 CEO's Bob McDonald speech at annual shareholders meeting
10/6/11 8K re: political contribution policy
9/7/11 Def. 14A Proxy Material re: voting recommendations for directors

3M MMM: 11/3/11 10Q re Qtr ended 9/30/11
11/3/11 8K re: pre-arranged stock trading plan for an exec
10/25/11 8K re: results of 3Qtr
9/29/11 8K re: offer of $4 bil of notes
9/8/11 8K re: Distribution Agrmt with Goldman Sachs re: $3 bil of notes

Travelers TRV: 10/19/11 10Q & 8K re: results for Qtr ended 9/30/11
9/20/11 8K/A re: frequency of non-binding advisory shareholder votes

United Technologies UTX: 11/16/11 8K re: edemption of $500 mil of 6/1% Notes due 5/15/12
11/15/11 8K re: $15 bil Credit Agrmt
10/24/11 10Q & 10/19/11 8K re: results for Qtr ended 9/30/11
10/18/11 8K re: Pratt & Whitney & Rolls Royce partnership to develop next generation engines for mid-size aircraft
9/29/11 8K re: exec personnel changes
9/23/11 8K & Def. 14A Proxy Material re: acquisition of Goodrich

Verizon Communications Inc. VZ: 10/25/11 10Q & 10/21/11 8K re: results for Qtr ended 9/30/11
9/14/11 8K re: presentation to Merrill Lynch Media, Communication & Entertainment Conf.

WalMart WMT: 11/15/11 8K re: results for 3 & 9 months ended 10/31/11
9/29/11 8K re: adoption of Deferred Com Plan
9/27/11 8K re: retirement of Vice-Chair Eduardo Castro-Wright
9/1/11 10Q for quarter ended 7/31/11