12/22/11 Thurs. Dow Closes at 12,169.65 up 61.91 or 0.51%

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Post No. 1,385 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 12,169.65 up 61.91 or 0.51% from Wednesday's close of 12,107.74. Of the 30 Dow components 23 gained and 7 declined. The biggest gainer dollar-wise was Exxon XOM
$84.29 +1.17 1.41% 19,614,443 NYSE nd percentage-wise was Bank of America BAC $5.47 +0.24 4.59% 299,783,581 NYSE. The biggest decliner dollar-wise and percentage-wise was McDonald's MCD
$98.6 -0.60 0.6% 4,608,356 NYSE.

As of the open of the market Thursday, the current divisor for the Dow Jones Industrial Average found at page C5 of today's Wall St. Journal is 0.132129493. Thursday's trailing P/E ratio is 13.10 up from yesterday's trailing P/E ratio of 13.09 (year ago it was 14.74); today's P/E estimate is 12.20 unchanged from Wednesday's P/E estimate of 12.20 (year ago it was 13.43), and today's dividend yield is 2.62 unchanged from yesterday's dividend yield of 2.62 (last year it was 2.48). 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 1,607.97 up 8.18 from Wednesday's closing numerator of 1,599.79. 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 $53.60 up $0.28 from Wednesday's average closing price of $53.33. The median closing price of Thursday's Dow Jones Industrial Average was $43.75 (DD/HD) up $0.16 from Wednesday's median closing price of $43.59. The lowest volume was Travelers TRV $59.19 +0.10 0.17% 3,038,337 NYSE and the highest volume again was Bank of America BAC $5.47 +0.24 4.59% 299,783,581 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 $818 ($160,797).

MarketWatch Thursday 12/22/11 4:08 pm by Kate Gibson says US stocks ended higher on Thursday, with the Dow Jones Industrial Average DJIA +0.51% and the S&P 500 SPX +0.83% rising for a third day, after a report signaled an improving labor market going into a new year. The Dow industrials gained 61.91 points, or 0.5%, to end at 12,169.65, leaving it up 5.1% for 2011, with five sessions remaining in the year. The S&P added 10.28 points, or 0.8%, to 1,254, off 0.3% from the end of 2010, while the Nasdaq Composite COMP +0.83% rose 21.48 points, or 0.8%, to 2,599.45, down 2% for the not-yet-ended year.

Thursday's Closing Numbers:

Symbol Last Sale Change % Change Share Volume Market

AT&T T
$29.66 +0.36 1.23% 29,962,394 NYSE

Alcoa AA
$8.905 +0.055 0.62% 32,396,662 NYSE

American Express AXP
$47.63 +0.14 0.29% 5,789,606 NYSE

Bank of America BAC
$5.47 +0.24 4.59% 299,783,581 NYSE

Boeing BA
$74.29 +0.70 0.95% 5,816,779 NYSE

Caterpillar CAT
$91.81 +0.18 0.2% 4,713,474 NYSE

Chevron CVX
$106.31 +0.88 0.83% 7,390,837 NYSE

CSCO
$18.13 +0.21 1.17% 37,373,895 NASDAQ-GS

Coke KO
$69.19 -0.38 0.55% 7,664,038 NYSE

Disney DIS
$36.95 +0.68 1.87% 8,001,364 NYSE

DuPont DD
$45.57 +0.39 0.86% 4,768,358 NYSE

Exxon XOM
$84.29 +1.17 1.41% 19,614,443 NYSE

GE
$18.05 +0.36 2.04% 94,949,372 NYSE

Hewlett-Packard HPQ
$25.86 +0.42 1.65% 12,887,546 NYSE

Home Depot HD
$41.92 -0.08 0.19% 9,804,129 NYSE

Intel INTC
$24.02 +0.34 1.44% 31,713,985 NASDAQ-GS

IBM
$182.04 +0.57 0.31% 4,999,221 NYSE

JPMorgan JPM
$33.45 +1.13 3.5% 35,289,837 NYSE

Johnson & Johnson JNJ
$65.18 +0.22 0.34% 7,286,800 NYSE

Kraft KFT
$37.31 -0.04 0.11% 8,570,887 NYSE

McDonald's MCD
$98.6 -0.60 0.6% 4,608,356 NYSE

Merck MRK
$37.555 +0.225 0.6% 11,233,196 NYSE

MSFT
$25.81 +0.05 0.19% 35,475,571 NASDAQ-GS

Pfizer PFE
$21.63 -0.05 0.23% 36,983,569 NYSE

Procter & Gamble PG
$66.19 +0.19 0.29% 7,597,500 NYSE

MMM
$80.97 +0.97 1.21% 3,139,691 NYSE

Travelers TRV
$59.19 +0.10 0.17% 3,038,337 NYSE

United Technologies UTX
$73.51 -0.11 0.15% 5,772,289 NYSE

Verizon VZ
$39.29 +0.06 0.15% 9,861,670 DualListed

Walmart WMT
$59.19 -0.20 0.34% 7,873,297 NYSE






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The following are excerpts from Thursday morning's Blog.

A read of the print editions of Thursday's The Wall St. Journal, Financial Times, Investor's Business Daily, New York Times, 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 12,107.74 up 4.16 or 0.03% from Tuesday's close of 12,103.58. For the year the Dow is up 4.58%. Of the 30 Dow components 20 gained and 10 declined. The biggest gainer dollar-wise and percentage-wise was Chevron CVX $105.43 +1.76 1.7% 8,154,082 NYSE. The biggest decliner dollar-wise and percentage-wise was IBM $181.47 -5.77 3.08% 9,272,017 NYSE.

WSJ pC4 "Dow stages afternoon rally" by Jon cheng says US stocks battled back from intraday losses to add to the prior day's powerful gains as investors scrutinized a new European lending facility for eurozone banks and shrugged off some earnings disappointments. Tech stocks were the only secgtor to fall Wed due to disappointing earnings from Oracle. IBM fell $5.77, Cisco fell 48 cents and Hewlett-Packard fell 47 cents. On the upside were defensive sectors as investors sought safety in utilities, consumer staples and health care firms. Coke rose $1.17, Kraft added 44 cents and Pfizer gained 22 cents.

Inv. Bus. Daily pA1 "Nasdaq sinks by NYSE, S&P rally" by David Saito-Chung says stocks ended mixed Wed as Oracle led tech stocks lower. Broade indexes inched higher.Wed's action was mixed in higher volume while the current outlook is a confirmed uptrend.

NYT pB9 "A mixed finish, led by a decline in ech shares" by AP says tech stocks fell on Wed, dragged down by a rare weak earnings report from the business sofware maker Oracle.

Fin Times p24 "Research in Motion bucks falling tech trend as Oracle drags on sector" by Ajay Makan says an earnings miss by Oracle sent software stocks tumbling on fears that large business customers are taking longer to close orders.

USA Today p4B "Europe, Oracle hit stocks early, but late rally eases pain" by Bloomberg says stocks were mixed Wed as gains in energy & consumer shares helped the market recover from an early drop led by disappointing results at Oracle. Exxon gained $1.12 after oil rose for a third day as US inventories declined the most in a decade.

Wednesday's Dow Jones Industrial Average closing numerator was 1,599.79 up 7.75 from Tuesday's closing numerator of 1,592.24. 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 $53.33 up $0.02 from Tuesday's average closing price of $53.31. The median closing price of Wednesday's Dow Jones Industrial Average was $43.59 (DD/HD) up $0.57 from Tuesday's median closing price of $43.02. The lowest volume was Travelers TRV $59.09 +0.94 1.62% 2,926,268 NYSE and the highest volume again was Bank of America BAC $5.23 +0.06 1.16% 203,204,242 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 $775 ($159,930 - $159,979).

MarketWatch Wednesday 12/21/11 5:50 pm by Laura Mandaro & Kate Gibson says US stocks swung to a slightly higher close Wednesday, boosted by a bounce from some technical levels and late-breaking reports on Yahoo Inc. and Bank of America Corp. The Nasdaq Composite, however, ended the day lower, weighed by unease over Oracle Corp. ORCL +0.12% earnings that hit the tech sector. Gains for the other benchmarks were also limited by worries about the consequences of the European Central Bank’s recent lending program. The Dow Jones Industrial Average ended up 4.16 points, or 0.03%, at 12,107.74 points after falling as much as 104 points at midday and spending most of the session lower. The S&P 500 SPX +0.20% ended up 2.42 points, or 0.2%, at 1,243.72, with technology the only one of the index’s 10 sectors to end lower. U.S. stocks started to cut their losses in the last hour of trading as both Bank of America Corp. and Yahoo Inc. shares made a sharp reversal higher. Late in the session, the Justice Department announced a $335 million settlement with B. of A. over alleged discriminatory lending practices by its Countrywide Financial Corp. unit, putting an end to one legal issue hanging over the company. B. of. A. ended 1.2% higher. Also, the Wall Street Journal reported on its website that Yahoo is discussing a plan to cut its stake in Alibaba Group Holding Ltd. to about 15% from 40% as part of a tax-free transaction valued at between $17 billion and $18 billion. Yahoo shares ended 5.8% higher. Besides the bank settlement and Yahoo news, some technical actions likely supported gains, said Stifel Nicolaus option/market strategist Elliot Spar. “It’s a really good step in restoring the health of banks in Europe, but the one piece that is missing is time. That’s why the market is down; it’s not going to lead to them [European banks] to buying sovereign debt, making loans or help the economy of Europe for quite some time,” said Hugh Johnson, chairman of Hugh Johnson Advisors in Albany, N.Y. The ECB loaned 489 billion euros, or $639 billion, to 523 banks for three years — the biggest such injection into the banking system in the 13-year history of the region’s shared currency. On Tuesday, equities rallied on upbeat economic news from Europe and a jump in new-home construction in the United States, with the Dow rising 337 points, its best performance so far this month. The Nasdaq Composite Index COMP -0.99% shed 25.76 points, or 1%, to 2,577.97. Oracle’s results late Tuesday underlined concern that big business and government bodies were cutting back on technology expenditures. Shares of the business-software provider ended down 12%, its biggest drop in nearly a decade. “Oracle is clearly not good news; it’s not good news for Oracle and it’s not good news for technology. The sector has not been performing well, period, on a relative basis,” said Johnson Advisors’ Johnson. “Everybody might think this is a one-time, back-end loaded miss, but it may be a sign of more difficult times ahead for technology companies,” noted Johnson. Advancers nearly doubled decliners on the New York Stock Exchange, where 824 million shares traded hands. BAC 5.21, -0.02, -0.38% B. of. A. shares bounce higher. “The S&P at its worst today only gave back 1% of yesterday’s gain,” while the New York Stock Exchange advancers/decliners turned positive around 3 p.m. Eastern, he noted. “Markets clawed their way back simply from a deeply oversold condition,” said Keith Springer, president of Springer Financial Advisors. “The sellers are tired and gone on vacation,” he said. Stocks had spent most of the session in the red following the European Central Bank’s offer to lend a record amount to euro-area banks.
Hope that came with the ECB’s loan plan faded on worries that it would not increase lending between banks nor reduce the huge debt burdens of European governments.

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

Symbol Last Sale Change % Change Share Volume Market

AT&T T
$29.3 +0.18 0.62% 27,530,603 NYSE: NYT pB11 "Findig success in a lifelong passion for fighting monopolies" by Peter Lattman profiles Albert Foer, the head of the American Antitrust Institute and his views on stopping AT&T from buying T-Mobile.

Alcoa AA
$8.85 -0.03 0.34% 26,189,694 NYSE: No mentions found.

American Express AXP
$47.49 -0.43 0.9% 6,222,978 NYSE: WSJ pC3 "AmEx looks beyond cedit cards" by Andew Johnson says American Express is pushing a new prepaid card named Serve that doesn't have the name American Express on it to broaden its appeal and compete against new digital payment services.

Bank of America BAC
$5.23 Inv. Bus. Daily pA1 "BofA unit fined $335 mil", NYT pB1 "Countrywide will settle a bias suit" by Charlie Savage, USA Tkoday p1B "Bank of America to pay $335 mil" by Pallavi Gogol, AJC pA15 "$335 mil to settle bias claims' by AP say Bank of America agreed to pay $335 mil to settle claims that its Countrywide unit engaged in discrimination against 200,000 Black and Hispanic borrowers. Settlement with the US Justice Dept was filed in Fed Ct. in Calif. and is subject to court approval.

WSJ pC1 "An unlikely bulldog for mortgage investors" by Ruth Simon says Kathy Patrick, a Houston lawyer, extracted an agreement from Bank of America to pay $8.5 bil to investors who bought bad mortgage bonds and her next target is JPMorgan.

WSJ pC2 "Tough job for mortgage mechanic" by Dan Fitzpatric says JPMorgan takes an average of 39 days to resolve mortgage complaints, Bank of America takes 32 days.

Boeing BA
$73.59 +1.15 1.59% 5,471,085 NYSE: WSJ pA18 "Boeing: private sector loses again" is a letter to the editor that defends Boeing's decision to settle its union dispute.

Caterpillar CAT
$91.63 -0.10 0.11% 7,166,439 NYSE: No mentions found.

Chevron CVX
$105.43 +1.76 1.7% 8,154,082 NYSE: No mentions found.

Cisco CSCO
$17.92 -0.485 2.64% 57,520,600 NASDAQ-GS: Fin Times p14 "Oracle" says big business tech vendors fit into 2 camps: the slow growing value plays such as IBM, Microsoft, Hewlett Packard, Cisco, SAP, Dell and Xerox and innovative growth plays. Oracle falls between the 2 groups.

WSJ pC4 "Dow stages afternoon rally" by Jon cheng says US stocks battled back from intraday losses to add to the prior day's powerful gains as investors scrutinized a new European lending facility for eurozone banks and shrugged off some earnings disappointments. Tech stocks were the only secgtor to fall Wed due to disappointing earnings from Oracle. IBM fell $5.77, Cisco fell 48 cents and Hewlett-Packard fell 47 cents. On the upside were defensive sectors as investors sought safety in utilities, consumer staples and health care firms. Coke rose $1.17, Kraft added 44 cents and Pfizer gained 22 cents.

Coke KO
$69.57 +1.17 1.71% 9,341,610 NYSE: WSJ pC4 "Dow stages afternoon rally" by Jon cheng says US stocks battled back from intraday losses to add to the prior day's powerful gains as investors scrutinized a new European lending facility for eurozone banks and shrugged off some earnings disappointments. Tech stocks were the only secgtor to fall Wed due to disappointing earnings from Oracle. IBM fell $5.77, Cisco fell 48 cents and Hewlett-Packard fell 47 cents. On the upside were defensive sectors as investors sought safety in utilities, consumer staples and health care firms. Coke rose $1.17, Kraft added 44 cents and Pfizer gained 22 cents.

Disney DIS
$36.27 +0.10 0.28% 8,213,677 NYSE: No mentions found.

DuPont DD
$45.18 +0.17 0.38% 4,872,827 NYSE: No mentions found.

Exxon XOM
$83.12 +1.12 1.37% 19,124,290 NYSE: USA Today p4B "Europe, Oracle hit stocks early, but late rally eases pain" by Bloomberg says stocks were mixed Wed as gains in energy & consumer shares helped the market recover from an early drop led by disappointing results at Oracle. Exxon gained $1.12 after oil rose for a third day as US inventories declined the most in a decade.

GE
$17.69 +0.41 2.37% 79,340,552 NYSE: No mentions found.

Hewlett-Packard HPQ
$25.44 -0.47 1.81% 19,666,573 NYSE: WSJ pC4 "Dow stages afternoon rally" by Jon cheng says US stocks battled back from intraday losses to add to the prior day's powerful gains as investors scrutinized a new European lending facility for eurozone banks and shrugged off some earnings disappointments. Tech stocks were the only secgtor to fall Wed due to disappointing earnings from Oracle. IBM fell $5.77, Cisco fell 48 cents and Hewlett-Packard fell 47 cents. On the upside were defensive sectors as investors sought safety in utilities, consumer staples and health care firms. Coke rose $1.17, Kraft added 44 cents and Pfizer gained 22 cents.

WSJ pD1 "Year fo the talking phone" by Wlater S. Mossberg says some products flopped this year such as Hewlett-Packard's TouchPad. In '11 Microsoft tried to reverse its low standing in the areas of super smartphones and tablets.

Fin Times p14 "Oracle" says big business tech vendors fit into 2 camps: the slow growing value plays such as IBM, Microsoft, Hewlett Packard, Cisco, SAP, Dell and Xerox and innovative growth plays. Oracle falls between the 2 groups.

Home Depot HD
$42 0.05 +0.12% 12,067,087 NYSE: No mentions found.

Intel INTC
$23.68 -0.16 0.67% 45,071,163 NASDAQ-GS: WSJ pB1 Facebook's goal: to be a blue chip" by Shayndi Raice says Mark Zuckerberg has been drawn to tech's blue chip CEOs and early on wanted to meet Intel's CEO Paul Otellini and Microsoft's Bill Gates.

IBM
$181.47 -5.77 3.08% 9,272,017 NYSE: WSJ pC4 "Dow stages afternoon rally" by Jon cheng says US stocks battled back from intraday losses to add to the prior day's powerful gains as investors scrutinized a new European lending facility for eurozone banks and shrugged off some earnings disappointments. Tech stocks were the only secgtor to fall Wed due to disappointing earnings from Oracle. IBM fell $5.77, Cisco fell 48 cents and Hewlett-Packard fell 47 cents. On the upside were defensive sectors as investors sought safety in utilities, consumer staples and health care firms. Coke rose $1.17, Kraft added 44 cents and Pfizer gained 22 cents.

Fin Times p14 "Oracle" says big business tech vendors fit into 2 camps: the slow growing value plays such as IBM, Microsoft, Hewlett Packard, Cisco, SAP, Dell and Xerox and innovative growth plays. Oracle falls between the 2 groups.

JPMorgan JPM
$32.32 +0.11 0.34% 30,517,062 NYSE: WSJ pC1 "An unlikely bulldog for mortgage investors" by Ruth Simon says Kathy Patrick, a Houston lawyer, extracted an agreement from Bank of America to pay $8.5 bil to investors who bought bad mortgage bonds and her next target is JPMorgan.

wsj Pc2 "State pushes on clawbacks" by Brett Philbin says New York City wants JPMorgan and other banks to clawback pay from execs who act improperly.

WSJ pC2 "Tough job for mortgage mechanic" by Dan Fitzpatric says JPMorgan takes an average of 39 days to resolve mortgage complaints, Bank of America takes 32 days.

Johnson & Johnson JNJ
$64.96 +0.44 0.68% 8,462,626 NYSE: No mentions found.

Kraft KFT
$37.35 +0.44 1.19% 12,043,367 NYSE: WSJ pC4 "Dow stages afternoon rally" by Jon cheng says US stocks battled back from intraday losses to add to the prior day's powerful gains as investors scrutinized a new European lending facility for eurozone banks and shrugged off some earnings disappointments. Tech stocks were the only secgtor to fall Wed due to disappointing earnings from Oracle. IBM fell $5.77, Cisco fell 48 cents and Hewlett-Packard fell 47 cents. On the upside were defensive sectors as investors sought safety in utilities, consumer staples and health care firms. Coke rose $1.17, Kraft added 44 cents and Pfizer gained 22 cents.

McDonald's MCD
$99.2 +0.38 0.38% 5,400,042 NYSE: No mentions found.

Merck MRK
$37.33 +0.26 0.7% 13,138,698 NYSE: No mentions found.

Microsoft MSFT
$25.76 -0.265 1.02% 64,124,490 NASDAQ-GS: Inv. Bus. Daily pA4 "Microsoft says this CES show will be its last" by AP, USA Today p3B "Microsoft: '12 CES will be its last" by Peter Svensson, AJC pA16 "Microsoft says '12 tech trade show will be its last" says after the Int'l Consumer Electronics Show, Microsoft, as does Apple, will stage its own shows to showcase its products.

WSJ pC10 "Oracle's ghost of Christmas futue" by Rolfe Winkle says Microsoft's rev is expected to increase at an annual rate of 7% over the next 2 years while its earnings are expected to rise at an annual rate of 12%, similar to Oracle's numbers but Oracle trades at 14 times this year's earnings vs Microsoft's 9 times.

WSJ pB1 Facebook's goal: to be a blue chip" by Shayndi Raice says Mark Zuckerberg has been drawn to tech's blue chip CEOs and early on wanted to meet Intel's CEO Paul Otellini and Microsoft's Bill Gates.

Fin Times p14 "Oracle" says big business tech vendors fit into 2 camps: the slow growing value plays such as IBM, Microsoft, Hewlett Packard, Cisco, SAP, Dell and Xerox and innovative growth plays. Oracle falls between the 2 groups.

Pfizer PFE
$21.68 +0.22 1.03% 44,878,530 NYSE: WSJ pC4 "Dow stages afternoon rally" by Jon cheng says US stocks battled back from intraday losses to add to the prior day's powerful gains as investors scrutinized a new European lending facility for eurozone banks and shrugged off some earnings disappointments. Tech stocks were the only secgtor to fall Wed due to disappointing earnings from Oracle. IBM fell $5.77, Cisco fell 48 cents and Hewlett-Packard fell 47 cents. On the upside were defensive sectors as investors sought safety in utilities, consumer staples and health care firms. Coke rose $1.17, Kraft added 44 cents and Pfizer gained 22 cents.

Procter & Gamble PG
$66 +0.21 0.32% 9,457,043 NYSE: No mentions found.

MMM
$80 -0.31 0.39% 3,605,712 NYSE: No mentions found.

Travelers TRV
$59.09 +0.94 1.62% 2,926,268 NYSE: No mentions found.

United Technologies UTX
$73.62 -0.78 1.05% 6,170,231 NYSE: No mentions found.

Verizon VZ
$39.23 +0.02 0.05% 14,991,847 DualListed: No mentions found.

Walmart WMT
$59.39 +0.20 0.34% 8,544,123 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