1/18/12 Wed pm Dow Closes at 12,578.95 up 96.88 or 0.78%

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Post No. 1,428 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 January 1, 2012.

The Dow Jones Industrial Average closed Wednesday at 12,578.95 up 96.88 or 0.78% from Tuesday's close of 12,482.07. Of the 30 Dow components 26 gained and 4 declined. The biggest gainer dollar-wise was JPMorgan JPM $36.54 +1.63 4.67% 55,380,859 NYSE and percentage-wise was Bank of America BAC $6.8 +0.32 4.94% 299,535,869 NYSE. The biggest decliner dollar-wise and percentage-wise was Procter & Gamble PG $66.03 -0.23 0.35% 10,381,924 NYSE.

As of the open of the market Wednesday, the current divisor for the Dow Jones Industrial Average found at page C5 of Wednesday's Wall St. Journal is 0.132129493. Wednesday's trailing P/E ratio is 13.57 up from Tuesday's trailing P/E ratio of 13.50 (year ago it was 14.93); today's P/E estimate is 11.92 unchanged from yesterday's P/E estimate of 11.92 (year ago it was 12.75), and Wednesday's dividend yield is 2.56 down from yesterday's dividend yield of 2.58 (last year it was 2.43). 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.

Wednesday's Dow Jones Industrial Average closing numerator was 1,662.05 up 12.81 from Tuesday's closing numerator of 1,649.24. 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 $55.40 up $0.43 from Tuesday's average closing price of $54.97. The median closing price of Wednesday's Dow Jones Industrial Average was $47.17 (DD/HD) up $1.03 from Tuesday's median closing price of $46.14. The lowest volume was Travelers TRV $59.+ NYSE and the highest volume again was Bank of America BAC $6.8 +0.32 4.94% 299,535,869 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 $1,281 ($166,205$164,925).

MarketWatch Wednesday 1/18/12 4:55 pm by Kate Gibson says U.S. stocks rose Wednesday, sending the S&P 500 Index to a close above 1,300 for the first time since July 28, on improved sentiment in housing and as Goldman Sachs Group Inc.’s earnings beat expectations. “We started off on a positive footing because certain financial earnings weren’t as bad as investors had feared, but most of the uptick came from home-builders’ confidence reaching a level not seen since 2007,” said Jack Ablin, chief investment officer at Harris Private Bank in Chicago. “Now we have two areas, jobs and housing, which are critical foundations, and both are seeing signs of improvement. Plus, the euro EURUSD -0.05% is back above $1.28 — if you’re going to use a barometer for progress in the EU, the euro is as good as any,” Ablin added. The Dow Jones Industrial Average DJIA +0.78% rose 96.88 points, or 0.8%, to 12,578.95. The S&P 500 SPX +1.11% added 14.37 points, or 1.1%, to 1,308.04, with the technology sector, and chip manufacturers in particular, gaining after circuit maker Linear Technology Corp. LLTC -0.60% said it expects revenue to rise as much as 8% in its third quarter. Web portal Yahoo Inc. YHOO -0.38% 3.2% rose on news that co-founder Jerry Yang is severing all ties to the company he co-founded. Microsoft Corp. MSFT +0.14% , International Business Machines Corp. IBM -0.02% , Intel Corp. INTC +0.28% and General Electric Co. GE +1.49% are among the heavyweights still on tap to report this week, and results from any “could give the market a lift or dampen it,” according to Fred Dickson, chief investment strategist at Davidson Cos. in Lake Oswego, Ore. The Nasdaq Composite Index COMP +1.53% climbed 41.63 points, or 1.5%, to 2,769.71. For every stock losing ground about four gained, with less than 800 million shares trading hands on the New York Stock Exchange. NYSE composite volume was about 4 billion. Investor sentiment and the euro EURUSD -0.05% were bolstered by reports the Greek government might reach a deal with its private creditors over a debt swap in coming days. Also, the International Monetary Fund is proposing hiking its lending capability by as much as $500 billion. Goldman Sachs GS +0.09% shares jumped 6.8% after the investment bank reported results that beat Wall Street’s expectations, while Bank of New York Mellon Corp. BK -0.05% shares slid after its earnings fell 26% Read analysis of Goldman earnings. “Goldman Sachs broke a trend” of earnings disappointments from the banking sector, said Dickson. Stock-index futures had retained modest gains after the government reported wholesale prices unexpectedly fell last month, data supportive of the Federal Reserve’s benign view on inflation. A measure of builder confidence in the housing sector rose for a fourth consecutive month in January to hit its highest level since mid-2007, with builder-related shares including PulteGroup Inc. PHM -0.38% and Lennar Corp. LEN +0.35% advancing more than 4%. Read more on home builders. Separately, figures from the Federal Reserve had U.S. industrial production rebounding last month, climbing 0.4% after a revised 0.3% drop in November. “Investors are weighing a combination of some reasonable economic data, and data we saw from overseas looked OK, so no bad European news,” remarked Davidson’s Dickson.

Wednesday's Closing Dow Numbers:

Symbol Last Sale Change % Change Share Volume Market
AT&T T $30.33 0.08 0.26% 21,953,437 NYSE
Alcoa AA $10.02 +0.26 2.66% 25,488,144 NYSE
American Express AXP $50.56 +0.34 0.68% 7,299,723 NYSE
Bank of America BAC $6.8 +0.32 4.94% 299,535,869 NYSE
Boeing BA $75.06 -0.18 0.24% 4,179,126 NYSE
Caterpillar CAT $104.26 +0.89 0.86% 6,758,736 NYSE
Chevron CVX $106.83 +0.11 0.1% 6,564,901 NYSE
CSCO $19.54 +0.235 1.22% 56,494,884 NASDAQ-GS
Coke KO $67.59 +0.24 0.36% 6,619,174 NYSE
Disney DIS $39.02 +0.54 1.4% 9,585,943 NYSE
DuPont DD $49.45 +0.91 1.87% 6,847,567 NYSE
Exxon XOM $86.45 +0.76 0.89% 16,747,843 NYSE
GE $19.02 +0.28 1.49% 52,610,047 NYSE
Hewlett-Packard HPQ $27 +0.545 2.06% 11,434,061 NYSE
Home Depot HD $44.88 +1.14 2.61% 13,121,936 NYSE
Intel INTC $25.39 +0.35 1.4% 62,669,507 NASDAQ-GS
IBM $181.07 +1.07 0.59% 4,589,618 NYSE
JPMorgan JPM $36.54 +1.63 4.67% 55,380,859 NYSE
Johnson & Johnson JNJ $65.28 +0.16 0.25% 8,020,253 NYSE
Kraft KFT $38.72 +0.59 1.55% 11,583,957 NYSE
McDonald's MCD $101.56 +1.01 1% 4,834,207 NYSE
Merck MRK $38.87 +0.05 0.13% 14,696,794 NYSE
Microsoft MSFT $28.23 -0.025 0.09% 64,825,075 NASDAQ-GS
Pfizer PFE $21.97 +0.035 0.16% 34,457,453 NYSE
Procter & Gamble PG $66.03 -0.23 0.35% 10,381,924 NYSE
MMM $85.07 +0.84 1% 3,720,424 NYSE
Travelers TRV $59.+ NYSE
United Technologies UTX $77.6 +0.56 0.73% 3,762,866 NYSE
Verizon VZ $39.01 -0.01 0.03% 11,451,412 DualListed
Walmart WMT $60.01 +0.16 0.27% 5,864,489 NYSE
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The following are excerpts from Wednesday morning's Blog.

A read of the print editions of Wednesday's Tuesday's Wall St. Journal, Financial Times, Investor's Business Daily, New York Times, USA Today, Atlanta Journal Constitution and 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 Tuesday's stock prices and related data.

Dow Jones Industrial AverageThe Dow Jones Industrial Average closed Tuesday at 12,482.07 up 60.01 or 0.48% from Friday's close of 12,422.06. For the year the Dow is up 2.16%. Of the 30 Dow components 23 gained and 7 declined. The biggest gainer dollar-wise was United Technologies UTX $77.04 +0.96 1.26% 5,143,199 NYSE and percentage-wise was Merck MRK $38.82 +0.50 1.3% 16,550,598 NYSE. The biggest decliner dollar-wise was and percentage-wise was JPMorgan JPM $34.91 -1.01 2.81% 54,964,487 NYSE.

WSJ pC4 "Stocks post broad gains" by Brendan Conway says US stocks gained as investors reacted favorably to economic data in the US and overseas, but weakness in fin'l stocks limited the advance.

Fin Times p24 "S&P 500 flirts with 1,300 before poor Citigroup earnings pare gains" by Ajay Makan says investors elatedly reacted to an earnings miss by Citigroup to send other bank stocks down. JPmorgan disappointed analysts with its results on Fri was down 2.8% and Bank of America was off 2%.

Inv. Bus. Daily pA1 "Stocks advance, though gains pared by day's end" by Vic Reklaitis says stocks started out the holiday shortened week with a show of strength but lost much of their punch by the close as the action was up in mixed volume and the current outlook is the market is still in a confirmed uptrend.

NYT pB8 "Rally fades on earnings at Citigroup" by Reuters says stocks on Wall St advanced Tues but pared gains after Citigroup's steep drop in profit gave investors a reason to unload bank shares.

USA Today p4B "Market gains continue amid optimism about economy" by Bloomberg says stocks advanced Tues extending a 2 week rally for the S&P 500 index, after reports bolstered optimism in the US and German economies and Spain's borrowing costs decreased at an auction.

Tuesday's Dow Jones Industrial Average closing numerator was 1,649.24 up 7.92 from Friday's closing numerator of 1,641.32. 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 Tuesday's Dow Jones Industrial Average was $54.97 up $0.26 from Friday's average closing price of $54.71. The median closing price of Tuesday's Dow Jones Industrial Average was $46.14 (DD/HD) up $0.18 from Friday's median closing price of $45.96. The lowest volume was Travelers TRV $59.69 +0.32 0.54% 2,181,030 NYSE and the highest volume again was Bank of America BAC $6.8 -0.13 1.97% 293,154,498 NYSE.

If Tuesday 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 $792 (164,925 - $164,132).

MarketWatch Tuesday 1/17/12 4:31 pm by Kate Gibson says U.S. stocks trimmed gains Tuesday as investors turned cautious on financial-sector earnings ahead in the wake of mixed results from Citigroup Inc. and Wells Fargo & Co. “We had Citigroup on the downside and Wells Fargo on the upside, and in the battle between Citigroup and Wells Fargo, Citigroup won,” said Marc Pado, U.S. market strategist at Cantor Fitzgerald. “The afternoon weakness is just [that] the market is just nervous, this is bank week, super Tuesday-type stuff,” added Pado of results scheduled to be released Wednesday, including earnings from Goldman Sachs Group Inc. GS +0.13% , followed by Bank of America Corp. BAC -1.97% and American Express Co. AXP -0.04% the next day. People are bracing for not such great news from Goldman Sachs and Bank of America,” he commented. Scaling back from a 151-point jump, the Dow Jones Industrial Average DJIA +0.48% advanced 60.01 points, or 0.5%, to 12,482.07, with J.P. Morgan Chase & Co. JPM -0.06% leading blue-chip decliners after the bank on Friday reported lackluster earnings. The S&P 500 Index SPX +0.36% climbed 4.58 points, or 0.4%, to 1,293.67 with energy rising the most among its 10 major sectors. The Nasdaq Composite COMP +0.64% added 17.41 points, or 0.6%, to 2,728.08. For every stock that lost ground, nearly two gained on the New York Stock Exchange, where 810 million shares traded. Composite volume neared 3.9 billion. Carnival Corp. CCL +0.34% shares declined nearly 14%. A Carnival cruise-ship accident off the Italian coast late Friday killed at least 11 people. Citigroup. C +0.16% shares slid 8.2% after the bank reported a fourth-quarter profit decline. Wells Fargo WFC -0.08% gained 0.7% after it reported a fourth-quarter rise in income. A gauge of manufacturing in the New York region rose in January, with the Federal Reserve Bank of New York’s index rising to 13.5, its highest level since April. Government figures from China illustrated the slowdown in that nation’s economic growth in the fourth quarter of 2011 to have been less than thought, with Beijing pegging China’s growth rate at 8.9%. “While Chinese GDP data are surprisingly reliable in being slightly better than expected, these numbers should support the case of an EM [emerging markets] soft landing,” wrote David Kelly, chief market strategist at J.P. Morgan Funds, in a research note. Another report from the ZEW Center for European Economic Research had German investor confidence rising the most on record. The euro gained against the dollar EURUSD +0.02% and yen USDJPY +0.00% after Spanish and Greek borrowing costs declined at auctions, curbing worry about how both nations would finance their deficits. Yet Greece could default as government talks with creditors stalled ahead of a March 20 bond payment of 14.5 billion euros, or $18 billion. “The biggest driver of the market is the relative success of European sovereign-debt auctions, and the story there is the stealth quantitative easing that is happening,” said Art Hogan, a strategist at Lazard Capital Markets, of the low-cost money going from the European Central Bank to European banks, which then can use the funds to purchase sovereign debt. “It’s the Merkozy carry trade,” added Hogan, a reference to German Chancellor Angela Merkel and French President Nicolas Sarkozy, the unifying forces behind the European Union’s efforts to stem the euro-zone’s debt crisis. Oil prices CL2G +2.31% climbed $2.01 to end at $100.71 a barrel in New York. Gold GC2G +1.33% rose $24.80 at $1,655.60 an ounce. On Monday, Standard & Poor’s followed up on its recent downgrade of nine European countries by cutting the credit rating of the European Financial Stability Facility, the region’s bailout fund. “This market goes through periods where things aren’t as good as they seem, and then periods where things aren’t as bad as they seem, and right now we’re in a ‘things aren’t as bad as they seem’ time frame, so we can ignore things like S&P’s downgrades of European debt and focus on stronger-than-expected Chinese GDP numbers, and the continuing better-than-expected U.S. economic data calendar,” said Lazard’s Hogan. The rating agency’s move “does add to the negative sentiment in the region and may lead to another spike in volatility,” according to Bill Stone, chief investment strategist at PNC Asset Management Group in Pittsburgh. However, the downgrades could also give European policy-makers another reason to make progress before a meeting of European Union finance ministers on Monday, to be followed by an EU summit one week later, he said. “We remain cautiously optimistic,” Stone added. U.S. markets were closed for the Martin Luther King Jr. federal holiday.

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

Symbol Last Sale Change % Change Share Volume Market

AT&T T $30.25 +0.18 0.6% 23,495,662 NYSE: No mentions found.

Alcoa AA $9.76 -0.04 0.41% 24,205,270 NYSE: WSJ pC16 "Deconstructing China's urban legends" by Tom Orlik says if China stimulates its economy by making credit easier it should help Chinese smelters keep running that would exacerbate the chronic oversupply of aluminum. that helped trash Alcoa's 4th Qtr results.

American Express AXP $50.22 +0.46 0.92% 6,450,586 NYSE: No mentions found.

Bank of America BAC $6.48 -0.13 1.97% 293,154,498 NYSE: WSJ pC1 "Pickup in lending lifts big banks" by Suzanne Kapner says Bank of America will post its 4Q numbers on Thurs and on Tues Citigroup and Wells Fargo posted strong numbers which confirms a warming trend highlighted Fri. by JPMorgan.

WSJ pC3 "FDIC advances Stress Test plan" by Alan Zibel says Fed Res officials have tied their approval of dividend payments by JPMorgan and Bank of America to the results of the stress tests it started in '09.

Fin Times p24 "S&P 500 flirts with 1,300 before poor Citigroup earnings pare gains" by Ajay Makan says investors elatedly reacted to an earnings miss by Citigroup to send other bank stocks down. JPmorgan disappointed analysts with its results on Fri was down 2.8% and Bank of America was off 2%.

Boeing BA $75.24 +0.64 0.86% 3,699,019 NYSE: WSJ pB2 "Airbus still jet leader" by David Pearsons, Inv. Bus. Daily pA2 photo caption, USA Today p1B "Airbus takes record orders in '11" say Airbus booked 1,608 orders last year vs. Boeing's 921 orders.

Caterpillar CAT $103.37 +0.89 0.87% 8,862,719 NYSE: WSJ pB1 "US loses high tech jobs as R&D shifts toward Asia" by James Hagerty says global US based firms like 3M, Caterpillar and GE have spent billions of dollars in recent year to expand their overseas research labs to tap a broader pool off talent, tailor products to overseas marketsa and curry favor with foreign govs.

Chevron CVX $106.72 +0.63 0.59% 6,917,302 NYSE: USA Today p1B "Two missing after fire on Chevron rig", Inv. Bus. Daily pA2 "Chevron", say the fire was a a rig off Nigeria's coast and 152 workers were evacuated.

CSCO $19.305 +0.245 1.29% 40,387,164 NASDAQ-GS: No mentions found.

Coke KO $67.35 +0.36 0.54% 7,671,174 NYSE: No mentions found.

Disney DIS $38.48 +0.08 0.21% 9,142,149 NYSE: WSJ pB6 "Disney's baby steps" by Erica Orden says Disney launched DisneyBaby.com a website to showcase merchandise and serve as a social media platform for parents as Disney expands its baby business.

DuPont DD $48.54 +0.14 0.29% 5,390,888 NYSE: No mentions found.

Exxon XOM $85.69 +0.81 0.95% 15,620,009 NYSE: No mentions found.

GE $18.74 -0.10 0.53% 48,905,633 NYSE: WSJ pB1 "Apple Macs land on more corporate desks" by Kate Linebaugh says GE employees can choose Apple notebooks or desktops instead of a Windows PC.

WSJ pB1 "US loses high tech jobs as R&D shifts toward Asia" by James Hagerty says global US based firms like 3M, Caterpillar and GE have spent billions of dollars in recent year to expand their overseas research labs to tap a broader pool off talent, tailor products to overseas marketsa and curry favor with foreign govs.

Hewlett-Packard HPQ $26.455 -0.035 0.13% 11,186,119 NYSE: WSJ pB6 "H-P CEO appoints strategy chief" by Ian Sherr says Hewlett-Packard named Bill Veghte, who helped launch Windows 7 at Microsoft, to be HPQ's new chief strategy officer.

Home Depot HD $43.74 +0.23 0.53% 7,688,296 NYSE: No mentions found.

Intel INTC $25.04 -0.10 0.4% 60,374,797 NASDAQ-GS: Inv. Bus. Daily pA4 "Tech's Thurs tale: Google, Microsoft, IBM, Intel all report" by Brian Deagon says these firms will set the quarter's tone as an unprecedented outpouring of earnings in a single day by 4 tech leaders will occur.

IBM $180 +0.84 0.47% 6,000,399 NYSE: Inv. Bus. Daily pA4 "Tech's Thurs tale: Google, Microsoft, IBM, Intel all report" by Brian Deagon says these firms will set the quarter's tone as an unprecedented outpouring of earnings in a single day by 4 tech leaders will occur.

JPMorgan JPM $34.91 -1.01 2.81% 54,964,487 NYSE: WSJ pC1 "Pickup in lending lifts big banks" by Suzanne Kapner says Bank of America will post its 4Q numbers on Thurs and on Tues Citigroup and Wells Fargo posted strong numbers which confirms a warming trend highlighted Fri. by JPMorgan.

WSJ pC3 "FDIC advances Stress Test plan" by Alan Zibel says Fed Res officials have tied their approval of dividend payments by JPMorgan and Bank of America to the results of the stress tests it started in '09.

Fin Times p24 "S&P 500 flirts with 1,300 before poor Citigroup earnings pare gains" by Ajay Makan says investors elatedly reacted to an earnings miss by Citigroup to send other bank stocks down. JPmorgan disappointed analysts with its results on Fri was down 2.8% and Bank of America was off 2%.

Johnson & Johnson JNJ $65.12 -0.14 0.21% 8,246,420 NYSE: No mentions found.

Kraft KFT $38.13 +0.36 0.95% 8,489,310 NYSE: WSJ pB3 "Kraft to cut jobs as part of split" by Paul Ziobro, USA Today p1B "Kraft Foods to cut 1,600 positions", AJC pA10 "Kraft Foods to reshuffle, to cut 1,600 positions" say Kraft will cut 1,600 jobs in N. Amer. as it splits its business in 2: a global snacks business and N. Amer. grocery business. Kraft has 127,000 employees including 46,500 in US and Canada.

NYT pB2 "Kraft tries an aged cheese marketing campaign" by Stu Elliott says kraft is doing a campaign that will advertise 5 cheese products at once.

McDonald's MCD $100.55 +0.20 0.2% 4,529,108 NYSE: No mentions found.

Merck MRK $38.82 +0.50 1.3% 16,550,598 NYSE: No mentions found.

Microsoft MSFT $28.255 +0.005 0.02% 72,363,651 NASDAQ-GS: WSJ pB1 "Apple Macs land on more corporate desks" by Kate Linebaugh says GE employees can choose Apple notebooks or desktops instead of a Windows PC.

WSJ pB6 "H-P CEO appoints strategy chief" by Ian Sherr says Hewlett-Packard named Bill Veghte, who helped launch Windows 7 at Microsoft, to be HPQ's new chief strategy officer.

Inv. Bus. Daily pA4 "Tech's Thurs tale: Google, Microsoft, IBM, Intel all report" by Brian Deagon says these firms will set the quarter's tone as an unprecedented outpouring of earnings in a single day by 4 tech leaders will occur.

Pfizer PFE $21.935 +0.095 0.43% 35,518,669 NYSE: WSJ pB7 "Firms halt Alzheimer's drug work" by Jonathan Rockoff, Inv. Bus Daily pA2 "Alzheimer's drug test halted", say Pfizer and partner Medivation are abandoning their experimental Alzheimers compound, Dimebon, after it failed to meet goals in a phase 3 trial.

Procter & Gamble PG $66.26 +0.45 0.68% 35,660,956 NYSE: No mentions found.

MMM $84.23 +0.63 0.75% 2,694,081 NYSE: WSJ pB1 "US loses high tech jobs as R&D shifts toward Asia" by James Hagerty says global US based firms like 3M, Caterpillar and GE have spent billions of dollars in recent year to expand their overseas research labs to tap a broader pool off talent, tailor products to overseas marketsa and curry favor with foreign govs.

Travelers TRV $59.69 +0.32 0.54% 2,181,030 NYSE: No mentions found.

United Technologies UTX $77.04 +0.96 1.26% 5,143,199 NYSE: No mentions found.

Verizon VZ $39.02 +0.10 0.26% 11,716,272 DualListed: No mentions found.

Walmart WMT $59.85 +0.31 0.52% 8,495,852 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)
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 1/1/12 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $406 [5]
2. Microsoft MSFT 218 [8.5]
3. IBM 216 [1]
4. Chevron CVX 212 [2]
5. WalMart WMT 204.5 [3.5]
6. GE 189 [10.5]
7. Procter & Gamble PG 183.5 [3]
8. Johnson & Johnson JNJ 179 [3]
9. AT&T T 179 [6]
10. Pfizer PFE 166.5 [7.5]
11. Coke KO 159 [2.5]
12. JPMorgan Chase JPM 126.5 [4]
13. Intel INTC 123.5 [5]
14. Merck MRK 115 [3]
15. Verizon VZ 113.5 [3]
16. McDonald's MCD 102.5 [1]
17. Cisco CSCO 97 [5.5]
18. Disney DIS 67.5 [2]
19. United Technologies UTX 66 [1]
20. Kraft KFT 66 [2]
21. Home Depot HD 65 [1.5]
22. Caterpillar CAT 58.5 [.5]
23. 3M MMM 57 [.5]
24. Bank of America BAC 56.5 [10]
25. American Express AXP 54.5 [1]
26. Boeing BA 54.5 [1]
27. Hewlett-Packard HPQ 51 [2]
28. DuPont DD 42 [1]
29. Travelers TRV 24.5 [.5]
30. Alcoa AA 9 [1]

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

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

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: 12/15/11 8K re: delinq. & write-off stats for prior 3 months
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

Bank of Am BAC: 12/16/11 8K re: unregistered sale of $885.4 of Senior Notes
12/6/11 8K re: stating it is unaffiliated from IPIC Group's mini-tender off of 4.86% of its common
12/2/11 8K re exchange of $442.3 of senior notes
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

Boeing BA: 12/15/11 8-K/A election of Gregory D. Smith as CFO
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

Caterpiller CAT: 12/19/11 8K re pst 3 months dealer stats.
12/16/11 8K re extension of stock repurchase plan
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

Chevron CVX: 12/12/11 8K re grant of exec stock options
11/3/11 10Q for Qtr ended 9/30/11
10/28/11 8K re: 3Qtr results
10/11 8K re: 3Qtr results

Cisco CSCO 12/16/11 8K re pre-arranged exec stock trading plan
12/8/11 8K re amendment of stock option plan
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

Coke KO 12/19/11 re election of ex Mayor of Chicago Richard M. Daley to Board of Dirs.
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 12/1/11 8K re sale of $1.6 bil of Global Notes
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: 12/6/11 8K re disclosure of exec bonuses and salaries (CEO's Rex Tillerson's base effective 1/1/12 is $2,567,000 and no exec has a contract, all are employees at will
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: 12/14/11 10Q for year ended 10/31/11
12/12/11 8K re close of sale of $3.5 bil of Global Notes
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 floating global notes
9/13/11 8K re: purchase of Autonomy Corp.

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: 12/22/11 8K re closing of $1.25 bil 5.4% Notes
12/8/11 8K re increase to share repurchase program
12/8/11 8K re FD disclosure re guidance presentation
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

Johnson & Johnson JNJ : 12/13/11 8K re closing of divestiture of assets of Ortho Dematologics division which made Retin-!
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: 12/5/11 8K re appointment of Irene Rosenfeld to lead Global Snacks and Tony Vernon as CEO fo N. American Grocery company
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: 12/2/11 8K re Nov sales rose 7.4%
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

Merck MRK: 12/21/11 8K re: technical amendments to bylaws
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: 12/22/11 8K/A re frequency of advisory votes on exec pay
11/17/11 8K re: voting 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: 12/13/11 8K re election of 3 new members to Board
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

3M MMM: 12/6/11 8K re eps guidance
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

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

Verizon Communications Inc. VZ: 12/6/11 8K re: election of Lowell McAdam as new CEO
12/2/11 8K re purchase of spectrum for $3.6 bil
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: 12/8/11 8K re registration rights agreement with certain selling shareholders
12/8/11 10Q for qtr ended 10/1/11
11/15/11 8K re: results for 3 & 9 months ended 10/31/11
9/29/11 8K re: adoption of Deferred Com Plan