11/5/10 Fri pm Dow Closes 11,444.08 up 9.24 or 0.08%

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Post No. 719 The following is brought to you by Intellivest Securities Research, Inc. Toward the end of this Blog is a list of the Dow 30 current CEOs, a ranking of the Dow 30 components by market capitalization as of 10/24/10 and an update of the Dow 30 component's SEC filings as of 10/24/10.

The Dow Jones Industrial Average closed Friday at 11,444.08 up 9.24 or 0.08% from Thursday's close of 11,434.84. For the week the Dow is up 326.08 or 2.93% from last Friday's close of 11,118. Of the 30 Dow Jones component companies 16 gained Procter & Gamble was unchanged and 13 declined. The biggest gainer dollar-wise was JPMorgan Chase JPM $40.94 +1.14 2.86% 75,037,721 NYSE and percentage-wise was Alcoa AA $14 +0.40 2.94% 32,086,344 NYSE. The biggest decliner dollar-wise and percentage wise was Merck MRK $35.7 -0.95 2.59% 22,318,005 NYSE.

As of the open of the market Friday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132129493, the trailing P/E ratio is 14.60 up from Thursday's 14.28 (year ago it was 17.35) the P/E estimate is 13.15 unchanged from Thursday's P/E estimate of 13.15 (year ago it was 15.68) and the current dividend yield is 2.47 down from Thursday's yield of 2.53 (it was 2.77 a year ago). 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.

Friday's Dow Jones Industrial Average closing numerator was 1,512.10 up 1.22 from Thursday's closing numerator of 1,510.88. 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 7.56 change in the average.

The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was $50.40 up 0.04 from Thursday's Dow Jones Industrial Average average closing price of $50.36. The median closing price of Friday's Dow Jones Industrial Average was $42.33 (HPQ/JPM) down 1.67 from Thursday's median price of $43.90. The lowest volume was 3M MMM $86.34 -0.70 0.8% 3,657,236 NYSE and the highest volume was again Bank of America BAC $12.36 +0.23 1.9% 403,800,818 NYSE.

If Friday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $122 ($151,210 - $151,088.

MarketWatch Friday 11/5/10 4:24 pm by Donna Yesalavich says U.S stocksrose slightly Friday, extending their climb to fresh two-year highs as investors were encouraged by a report of stronger-than-expected job growth for October. The Dow Jones Industrial Average rose 9.24 points, or 0.08%, to 11444.08. The measure's gain was led by its financial components following reports that the Federal Reserve is poised to allow healthy banks to increase dividend payments for the first time since the financial crisis. J.P. Morgan Chase climbed 2.9% and Bank of America added 1.9%. The measure was weighed down by Kraft Foods, which fell 2.2%. The food giant posted an 8.5% decline in third-quarter profit as higher taxes, jumps in advertising spending and costs for integrating Cadbury weighed on its shares. Also, Starbucks plans to discontinue its arrangement to use Kraft as a distributor for its coffee products.
The Nasdaq Composite tacked on 1.64, or 0.06%, to 2578.98. The Standard & Poor's 500-stock index rose 4.79, or 0.39%, to 1225.85, with its financial sector posting the biggest gains. The small gains on Friday, which represents the 100-year anniversary of the drafting of legislation for the creation of the Federal Reserve, came at the conclusion a strong week that saw the Dow surge to its highest levels since early September 2008, prior to the Lehman Brothers collapse. The Dow climbed 2.9% during the week, while the S&P 500 rose 3.6% over the period. Fueling the climb, the Republican Party won control of the House of Representatives and the Fed pledged to give the economy a $600 billion stimulus shot, dubbed by market participants as QE2. "This whole week has been packed full of excitement," said Zach Jonson, portfolio manager of the ICON Materials Fund. "There's been a lot of clarity." Investors were encouraged Friday by data from the Labor Department showing nonfarm payrolls rose by a greater-than-expected 151,000 last month as private-sector employers added 159,000 jobs, the Labor Department said. In addition, the September number received a positive revision to show payrolls fell 41,000, less than an original estimate of a 95,000 decline. "Seeing that is definitely a very good sign," Jonson said. Still, he noted, "the household survey told a completely different story." The unemployment rate, which is obtained from a separate household survey, remained at a lofty 9.6% in October. About 14.8 million people who would like to work can't get a job. Data on the housing sector served as another reminder of continued troubles in the economy. A report from the National Association of Realtors showed U.S. pending home sales slipped for the first time in three months in September as foreclosure moratoriums spurred by shoddy mortgage-documentation practices slowed sales. Among stocks in focus, Starbucks jumped 3.8%. The coffee-shop chain said fiscal fourth-quarter net operating income doubled to $399.3 million and sales rose 17% to $2.8 billion. Boston Beer surged 11%. The craft brewer's stock hit a record after the company reported third-quarter revenue above analysts' forecasts. Boston Beer also said it is working on improving inventory turnaround to keep beer fresher and will continue increasing its sales force.

Friday's Closing Dow Numbers:

Symbol Last Sale Change % Change Share Volume Market

AT&T T $29.27 -0.17 0.58% 17,905,612 NYSE
Alcoa AA $14 +0.40 2.94% 32,086,344 NYSE
American Express AXP $44.07 +0.34 0.78% 12,945,965 NYSE
Bank of America BAC $12.36 +0.23 1.9% 403,800,818 NYSE
Boeing BA $71.27 +0.42 0.59% 3,396,895 NYSE
Chevron CVX $84.98 -0.16 0.19% 14,488,584 NYSE
Cisco CSCO $24.26 +0.05 0.21% 40,551,978 NASDAQ-GS
Coke KO $62.58 +0.13 0.21% 7,995,195 NYSE
Disney DIS $37.2 +0.17 0.46% 9,634,938 NYSE
DuPont DD $48.18 -0.18 0.37% 6,967,502 NYSE
Exxon XOM $70 +0.62 0.89% 26,409,468 NYSE
GE $16.73 +0.22 1.33% 69,271,786 NYSE
Hewlett-Packard HPQ $43.72 -0.35 0.79% 15,475,471 NYSE
Home Depot HD $31.92 -0.02 0.06% 10,718,952 NYSE
Intel INTC $21.24 +0.27 1.29% 55,263,022 NASDAQ-GS
IBM $146.92 +0.13 0.09% 4,947,508 NYSE
JPMorgan Chase JPM $40.94 +1.14 2.86% 75,037,721 NYSE
Johnson & Johnson JNJ $64.65 -0.11 0.17% 9,178,013 NYSE
Kraft KFT $31.08 -0.71 2.23% 20,000,176 NYSE
McDonald's MCD $79.3 +0.12 0.15% 5,227,580 NYSE
Merck MRK $35.7 -0.95 2.59% 22,318,005 NYSE
Microsoft MSFT $26.85 -0.29 1.07% 110,529,187 NASDAQ-GS
Pfizer PFE $17.18 -0.20 1.15% 57,238,978 NYSE
Procter & Gamble PG $65 unch unch 9,693,427 NYSE
3M MMM $86.34 -0.70 0.8% 3,657,236 NYSE
Travelers TRV $57.44 +0.20 0.35% 4,356,606 NYSE
United Technologies UTX $76.75 +0.51 0.67% 4,636,321 NYSE
Verizon VZ $33.43 -0.09 0.27% 13,038,162 DualListed
Walmart WMT $55.2 +0.16 0.29% 10,094,372 NYSE




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The following are excerpts from Friday morning's Blog:

A read of Friday's Wall St. Journal, Financial Times, New York Times, Investors' Business Daily, USA Today, Atlanta Journal & Constitution & Daily Report (Ga) yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol and Thursday's stock prices and related data.

Dow:The Dow Jones Industrial Average closed Thursday at 11,434.84 up 219.71 or 1.96% from Wednesday's close of 11,215.13. For the year the Dow is up 9.65%. Of the 30 Dow Jones component companies 29 gained and only Pfizer declined. The biggest gainer dollar-wise was Caterpillar CAT $83.18 +3.30 4.13% 13,011,192 NYSE and percentage-wise was JPMorgan JPM $39.8 2.+08 5.51% 77,403,910 NYSE. The biggest and only decliner dollar-wise and percentage wise was Pfizer PFE $17.38 -0.21 1.19% 58,070,972 NYSE.

WSJ pC5 "BofA, Caterpillar lead Dow's surge" by Steven Russolillo says stocks rallied Thur to their highest level since Sept '08 as investors applauded the Fed's latest effort to stimulate the struggling economy. Dow components Bank of Ameica, JPMorgan and Caterpillar propelled blue chips to their 5th gain in a row and biggest climb since 9/1.

Fin Times p26 "Fed easing move fires materials & energy stocks" by Hannah Kuchler says fin'ls, materials & energy shares led US stocks to their hghest levels in 2 years as investors cheered the Fed's decision to extend quantitative easing. The dollar weakened & commodity and oil prices rose, helping the nergy sector to add 3% & the materials sector to advance 3.3%. ExxonMobil soared 2.1% and Chevron climbed 3%. The fin'ls rallied later in the session, up 3.4% after it was reported that the Fed might allow banks with sgtrong capial levels to increase dividends. The 2 biggest banks by assets led the risers. Bank of America jumped 5.2% & JPMorgan was up 5.5%.

NYT pB4 "Wall St surges day after a fed move" by Christine Hauser says stocks surged Thrus as the markets responded positively to the Fed's decision to buy mroe gov securities to stimulate the economy.

USA Today p 4B "Stocks rise on Fed plants to aid growth" by Bloomberg says stocks gained Thurs, sending the S&P 500 to its highest level since 9/08 as investors speculated the Fed will succeed in stoking growth & that banks will raise dividends.

Thursday's Dow Jones Industrial Average closing numerator was 1,510.88 up 19.03 from Wednesday's closing numerator of 1,481.85. 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 7.56 change in the average.

The average closing price (the closing numerator divided by 30) of Thursday's Dow Jones Industrial Average was $50.36 up 0.97 from Wednesday's Dow Jones Industrial Average average closing price of $49.39. The median closing price of Thursday's Dow Jones Industrial Average was $43.90 (HPQ/AXP) up 0.96 from Wednesday's median price of $42.94. The lowest volume was Travelers TRV $57.24 +1.33 2.38% 4,565,228 NYSE and the highest volume was again Bank of America BAC $12.13 +0.61 5.3% 310,023,867 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 $2,903 ($151,088 - $148,185).

MarketWatch Thursday 11/4/10 4:38 pm by Kate Gibson says U.S stocks surged Thursday, with the Dow industrials closing above where it stood just ahead of the collapse of Lehman Brothers, with investors around the globe embracing the Federal Reserve’s $600 billion plan to stoke the economy. Executives say they are counting on the electoral shock to bring a slowdown in federal regulation, tax cuts and a more business-friendly stance in Washington. “It seems like the reflation trade is back in full force,” Jack Ablin, chief investment strategist at Harris Private Bank, said of investor bets that the global economy would rebound, pushing up the price of assets, including equities and commodities. The Dow Jones Industrial Average (DJIA 11,435, +219.71, +1.96%) gained 219.71 points, or 2%, to 11,434.84, its first finish above where it ended on Sept. 12, 2008. The Dow fell 504 points on Sept. 15, 2008, the day of Lehman’s bankruptcy filing. Peter Boockvar, equity strategist at Miller Tabak, downplayed the significance, saying it would be an apt point of comparison “if the Fed wasn’t printing enormous amounts of money in a blatant debasement of the U.S. dollar.” Bank of America Corp. (BAC 12.12, +0.61, +5.30%) and JPMorgan Chase (JPM 39.72, -0.08, -0.20%) extended their gains after the Wall Street Journal reported the Fed is expected to soon let healthy banks with robust capital levels increase dividend payments. The S&P 500 Index (SPX 1,221, +23.10, +1.93%) added 23.1 points, or 1.9%, to 1,221.06, with financials the best performer among its 10 industry groups. The Nasdaq Composite (COMP 2,577, +37.07, +1.46%) rose 37.07 points, or 1.5%, to 2,577.34 For every stock on the decline, more than five gained on the New York Stock Exchange, where volume neared 1.4 billion. The dollar fell against other world currencies, with the dollar index (DXY 75.88, -0.60, -0.79%) off 0.6% to 75.85. ‘Quantative easing is the government’s latest faith-based initiative.’— Jack Ablin, Harris Private Bank The greenback’s drop helped spur buying of dollar-denominated assets such as equities and commodities, with gold futures rallying and crude-oil futures topping $86 a barrel on the New York Mercantile Exchange. “We’ve been calling inflation an eventuality, although we’re also saying that quantitative easing is the government’s latest faith-based initiative, said Ablin. The Fed’s plan to buy $600 billion in bonds in an effort to drive down interest rates and induce more lending helped bolster optimism that the global economy would not worsen and corporate profits would increase. In an editorial in Thursday’s Washington Post, Fed Chairman Ben Bernanke defended the central bank’s decision and reiterated that the Fed can’t on its own resolve all of the country’s economic troubles, saying efforts are also needed by other entities, including Congress and regulators. “Bernanke is once again waving his arms in the air saying ‘hey guys! How about some help over here?’ Unfortunately, nobody in Congress seems to be listening,” wrote Dan Greenhaus, chief economic strategist at Miller Tabak. The yield on the 5-year Treasury note fell to a record low after the Fed announcement Wednesday afternoon. “It was clear that the Fed wanted to exceed expectations so we would not sell the fact and take away some of the inflationary expectations they had build into this market,” noted Phil Flynn, an analyst at PFG Best. Costco Wholesale Corp. (COST 64.99, -0.49, -0.75%) and Limited Brands Inc. (LTD 31.27, -0.16, -0.51%) were among the retailers reporting upbeat sales results Thursday, with shares of both rising after they topped Wall Street’s expectations. Read more about retail sales. After two consecutive weeks of declines, the government reported a steep rise in those filing for unemployment benefits, up by 20,000 last week to 457,000. The weekly data come one day before the Labor Department’s scheduled release of its October jobs report. A separate report Thursday had U.S. labor productivity rising 1.9% in the third quarter after dropping in the prior three-month period.

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

AT&T T $29.44 +0.38 1.31% 22,847,433 NYSE: WSJ pB3 "T-Mobile hurt by iPHone" by Archibald Preuschat says T Mobile, the 4th largest wireless carrier in uS said it is having trouble holding on to its most valuable cellphone customers since it doesn't offer the iPhone in the US. T Mobile faces challenges if Verizon Wireless joins AT&T in carrying the iPhone early next year.

Alcoa AA $13.6 +0.46 3.5% 27,957,611 NYSE: No mentions found.

Amex AXP $43.73 +1.66 3.95% 13,076,462 NYSE: No mentions found.

Bank of America BAC $12.13 +0.61 5.3% 310,023,867 NYSE: Fin Times p26 "Fed easing move fires materials & energy stocks" by Hannah Kuchler says fin'ls, materials & energy shares led US stocks to their hghest levels in 2 years as investors cheered the Fed's decision to extend quantitative easing. The dollar weakened & commodity and oil prices rose, helping the nergy sector to add 3% & the materials sector to advance 3.3%. ExxonMobil soared 2.1% and Chevron climbed 3%. The fin'ls rallied later in the session, up 3.4% after it was reported that the Fed might allow banks with sgtrong capial levels to increase dividends. The 2 biggest banks by assets led the risers. Bank of America jumped 5.2% & JPMorgan was up 5.5%.

WSJ pC5 "BofA, Caterpillar lead Dow's surge" by Steven Russolillo says stocks rallied Thur to their highest level since Sept '08 as investors applauded the Fed's latest effort to stimulate the struggling economy. Dow components Bank of America, JPMorgan and Caterpillar propelled blue chips to their 5th gain in a row and biggest climb since 9/1.

NYT pB5 "BofA fights pressure on mortgages" by Nelson Schwartz says BoA rebuffed claims by a lawyer for several investors including the Fed Res of NY that it should buy back troubled mortgages because the loans were improper.

Boeing BA $70.85 +1.91 2.77% 5,740,603 NYSE: WSJ pB1 "engine blast halts some A389s" by Andy Pasztor says Quantas grounded its Airbus A380 jets after an engine on one of its planes blew apart in flight Thurs. The blowout raises broader questions about whether the latest generation of jetliners from Airbus & Boeing will hew to the industry's patten of providing significantly safer, more reliable transportation than the models they replace.

WSJ pB2 "Engine known for quiet" by Daniel Michaels says the Rolls Royce PLC Trent 900 engine tht exploded on Qantas and its rival the Engine Alliance GP 7200 were build just for the Airbus A380 a decade ago. Engine Alliance is a venture of GE & United Tech's Pratt & Whitney unit. While the A380 is the biggest jet ever built it doesn't have the most powerful engines which is the two engine Boeing 777 widebody.

NYT pB1 "Jet engine maker faces new worries" by Jad Mouawad says Rolls Royce of London, a separate firm from the carmaker owned by BMW, is also developing an engine for Boeing's 787 Dreamliner. Problems with that engine have contributed to the program's delay.

Caterpillar CAT $83.18 +3.30 4.13% 13,011,192 NYSE: WSJ pC5 "BofA, Caterpillar lead Dow's surge" by Steven Russolillo says stocks rallied Thur to their highest level since Sept '08 as investors applauded the Fed's latest effort to stimulate the struggling economy. Dow components Bank of Ameica, JPMorgan and Caterpillar propelled blue chips to their 5th gain in a row and biggest climb since 9/1.

Chevron CVX $85.14 +2.44 2.95% 16,268,730 NYSE: Fin Times p26 "Fed easing move fires materials & energy stocks" by Hannah Kuchler says fin'ls, materials & energy shares led US stocks to their hghest levels in 2 years as investors cheered the Fed's decision to extend quantitative easing. The dollar weakened & commodity and oil prices rose, helping the nergy sector to add 3% & the materials sector to advance 3.3%. ExxonMobil soared 2.1% and Chevron climbed 3%. The fin'ls rallied later in the session, up 3.4% after it was reported that the Fed might allow banks with sgtrong capial levels to increase dividends. The 2 biggest banks by assets led the risers. Bank of America jumped 5.2% & JPMorgan was up 5.5%.

CSCO $24.21 +0.50 2.11% 55,863,143 NASDAQ-GS: Fin Times p21 "Samsung targets 1m tablet PC sales this year to vie with iPad" by Song Jung-a says Apple's iPad sold 3.3 mil units in the 3 months after its April launch and now firms including Research in Motion, Cisco, Hewlett-Packard, Lenovo, LG electronics and ZTE are preparing their own tablets.

Coke KO $62.45 +0.50 0.81% 13,733,145 NYSE: AJC pA18 by Jeremiah McWilliams "Coke lines up bonds refinance plan" says Cokes plans to lock in loer interest rates as it offers to buy back $4.39 bil of its own bond. It assumed $8 bil of debt when it toook over the N. American business of CCE.

DIS $37.03 +0.74 2.04% 16,644,525 NYSE: WSJ pA4 "ABC, Fox top tv ratings" by Sam Schechner says Disney's ABC averaged the most viewers on election night Tues as it had 6.8 mil viewers for its election night show. GE's NBC averaged 6.4 mil viewers and CBS had 5.9 mil.

NYT pB2 "disney junior to focus on social values" by Brooks Barnes says Disney Channels new preschool channel, Disney Junior will shift toward programming built around teachings around social values & behavior.

DuPont DD $48.36 +1.30 2.76% 6,908,275 NYSE: No mentions found.

Exxon XOM $69.38 +1.41 2.07% 31,152,255 NYSE: Fin Times p26 "Fed easing move fires materials & energy stocks" by Hannah Kuchler says fin'ls, materials & energy shares led US stocks to their hghest levels in 2 years as investors cheered the Fed's decision to extend quantitative easing. The dollar weakened & commodity and oil prices rose, helping the nergy sector to add 3% & the materials sector to advance 3.3%. ExxonMobil soared 2.1% and Chevron climbed 3%. The fin'ls rallied later in the session, up 3.4% after it was reported that the Fed might allow banks with sgtrong capial levels to increase dividends. The 2 biggest banks by assets led the risers. Bank of America jumped 5.2% & JPMorgan was up 5.5%.

GE $16.51 +0.45 2.8% 87,076,180 NYSE: WSJ pA4 "ABC, Fox top tv ratings" by Sam Schechner says Disney's ABC averaged the most viewers on election night Tues as it had 6.8 mil viewers for its election night show. GE's NBC averaged 6.4 mil viewers and CBS had 5.9 mil.

WSJ pB2 "Engine known for quiet" by Daniel Michaels says the Rolls Royce PLC Trent 900 engine tht exploded on Qantas and its rival the Engine Alliance GP 7200 were build just for the Airbus A380 a decade ago. Engine Alliance is a venture of GE & United Tech's Pratt & Whitney unit. While the A380 is the biggest jet ever built it doesn't have the most powerful engines which is the two engine Boeing 777 widebody.

WSJ pC9 has a large ad "Notice of Ofer to Purchase" at %.00 per share of Clarient, Inc. by GE.

Hewlett-Packard HPQ $44.07 +0.26 0.59% 21,594,972 NYSE: Fin Times p21 "Samsung targets 1m tablet PC sales this year to vie with iPad" by Song Jung-a says Apple's iPad sold 3.3 mil units in the 3 months after its April launch and now firms including Research in Motion, Cisco, Hewlett-Packard, Lenovo, LG electronics and ZTE are preparing their own tablets.

Home Depo HD $31.94 +0.48 1.53% 11,084,195 NYSE: No mentions found.

Intel INTC $20.97 +0.49 2.39% 65,769,729 NASDAQ-GS: Fin Times p20 "Arm says Intel will not gain foothold in tablet PC" by Robin Kwong says in an interview with Warren East, Arm CeO that the market for tablet PC could grow as much as 60 mil unit sales next year and brushes aside concerns that Intel will pose a major threat tot he UK chip firm. Paul Otellini, Intel's ceo, said last month that Intel is going to use all itsw assets to win the tablet PC segment.

IBM $146.79 +2.62 1.82% 6,622,497 NYSE: No mentions found.

JPMorgan JPM $39.8 2.+08 5.51% 77,403,910 NYSE: Fin Times p26 "Fed easing move fires materials & energy stocks" by Hannah Kuchler says fin'ls, materials & energy shares led US stocks to their hghest levels in 2 years as investors cheered the Fed's decision to extend quantitative easing. The dollar weakened & commodity and oil prices rose, helping the nergy sector to add 3% & the materials sector to advance 3.3%. ExxonMobil soared 2.1% and Chevron climbed 3%. The fin'ls rallied later in the session, up 3.4% after it was reported that the Fed might allow banks with sgtrong capial levels to increase dividends. The 2 biggest banks by assets led the risers. Bank of America jumped 5.2% & JPMorgan was up 5.5%.

WSJ pC5 "BofA, Caterpillar lead Dow's surge" by Steven Russolillo says stocks rallied Thur to their highest level since Sept '08 as investors applauded the Fed's latest effort to stimulate the struggling economy. Dow components Bank of Ameica, JPMorgan and Caterpillar propelled blue chips to their 5th gain in a row and biggest climb since 9/1.

WSJ pC6 "JP Morgan sees a restart to foreclosure filings soon" by David Benoit says JPM will begin refiling foreclosures within a couple of weeks.

JNJ $64.76 +0.57 0.89% 11,258,982 NYSE: WSJ pC12 "Big Pharma's midterm blues" by Hester Plumbridge says the recent health care overhaul forces firms to offer bigger drug rebates. Pfizer and Johnson & Johnson derive 55% of their rev from the US versus 40% for European units.

Kraft KFT $31.79 +0.22 0.7% 12,893,774 NYSE: , AJC pA18 "Cadbury helps, but Kraft net income declines" says Kraft's 3Q net income was down 8% as it spent more marketing dollars but its rev was up due to its takeover of Cadbury. Profits were $754 mil or 43 cents a share down from $824 mil or 55 cents per share the previous quarter. Rev rose 4 cents per share up 26% to $11.9 bi.

MCD $79.18 +0.68 0.87% 5,599,104 NYSE: No mentions found.

MRK $36.65 +0.14 0.38% 11,837,771 NYSE: No mentions found.

MSFT $27.14 +0.11 0.41% 93,548,501 NASDAQ-GS: WSJ pB3 "Dell to ditch Blackberrys in a bid to prooe its own service" by Shaydi Raice says Ell employees will be offered the upcoming Dell Venue Pro which runs Microsoft's new Windows Phone 7 software in exchange for the 25,000 Blackberrys.

USA Today pB3 "Microsoft ahs a hit on its hands with Kinect" by Mike snyder says the motion sensing game is flying off shelves.

Pfizer PFE $17.38 -0.21 1.19% 58,070,972 NYSE: WSJ pC12 "Big Pharma's midterm blues" by Hester Plumbridge says the recent health care overhaul forces firms to offer bigger drug rebates. Pfizer and Johnson & Johnson derive 55% of their rev from the US versus 40% for European units.

Procter & Gam PG $65 +0.69 1.07% 11,800,890 NYSE: No mentions found.

MMM $87.04 +1.74 2.04% 6,604,549 NYSE: No mentions found.

Travelers TRV $57.24 +1.33 2.38% 4,565,228 NYSE: No mentions found.

United Tech UTX $76.24 +1.19 1.59% 5,489,556 NYSE: WSJ pB2 "Engine known for quiet" by Daniel Michaels says the Rolls Royce PLC Trent 900 engine tht exploded on Qantas and its rival the Engine Alliance GP 7200 were build just for the Airbus A380 a decade ago. Engine Alliance is a venture of GE & United Tech's Pratt & Whitney unit. While the A380 is the biggest jet ever built it doesn't have the most powerful engines which is the two engine Boeing 777 widebody.

Verizon VZ $33.52 +0.53 1.61% 14,705,845 Dual Listed: WSJ pB3 "T-Mobile hurt by iPHone" by Archibald Preuschat says T Mobile, the 4th largest wireless carrier in uS said it is having trouble holding on to its most valuable cellphone customers since it doesn't offer the iPhone in the US. T Mobile faces challenges if Verizon Wireless joins AT&T in carrying the iPhone early next year.

Walmart WMT $55.36 +0.45 0.82% 13,242,379 NYSE: Fin Times p21 "US retailers see increasing recovery" by Jonathan Birchall says retailers including Walmart, Kmart, Sears & Best Buy have all launched special promotional events ahead of the traditional holiday shopping season.

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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. (Cyhicago, Ill)
Caterpillar CAT Douglas Oberhelman (Peoria, Ill.)
Chevron CVX John Watson (San Ramon, CA)
Cisco CSCO John Chambers (San Jose, CA)
Coca Cola KO Muhtar Kent (Atlanta, GA)
Disney DIS Robert Iger (Burbank, CA)
DuPont DD Ellen Kullman (Wilmington, DE)
ExxonMobil XOM Rex W. Tillerson (Irving, Tx)
GE Jeffrey R. Immelt (Fairfield, CT)
Hewlett-Packard HPQ Leo Apotheker (Palo, Alto, CA)
Home Depot HD Frank Blake (Atlanta, GA)
Intel INTC Paul S. Otellini (Santa Clara, CA)
IBM Samuel J. Palmisano (Armonk, NY)
JPMorgan Chase JPM Jamie Dimon (NY, NY)
Johnson & Johnson JNJ William C. Weldon (New Brunswick, NJ)
Kraft KFT Irene Rosenfeld (Northfield, Ill.)
McDonald's MCD Jim Skinner (Oak Brook, Ill)
Merck MRK Richard Clark (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
Pfizer PFE Jeffrey Kindler (NY, NY)
Procter & Gamble PG Bob McDonald (Cincinnati, OH)
3M MMM George W. Buckley (St. Paul, MN)
Travelers TRV Jay S. Fishman (NY, NY)
United Technologies UTX Louis Chenevert (Hartford, CT)
Verizon VZ Ivan Seidenberg (NY, NY)
Wal-Mart WMT Mike Duke (Bentonville, ARK)

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest 1/2 billion as of 10/24/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $338 [5]
2. Microsoft MSFT 219.5 [9]
3. WalMart WMT 196.5 [3.5]
4. Procter & Gamble PG 180 [3]
5. IBM 176 [1]
6. Johnson & Johnson JNJ 176 [3]
7. GE 171.5 [10.5]
8. Chevron CVX 170 [2]
9. AT&T T 167 [6]
10. JPMorgan Chase JPM 149 [4]
11. Coke KO 142 [2.5]
12. Pfizer PFE 140 [8]
13. Cisco CSCO 134 [6]
14. Bank of America BAC 115 [10]
15. Merck MRK 114 [3]
16. Intel INTC 110.5 [5.5]
17. Hewlett-Packard HPQ 97 [2.5]
18. Verizon VZ 95 [3]
19. McDonald's MCD 83.5 [1]
20. United Technologies UTX 69.5 [1]
21. Disney DIS 67 [2]
22. 3M MMM 64.5 [.5]
23. Kraft KFT 55.5 [2]
24. Home Depot 52.5 [1.5]
25. Boeing BA 52 [1]
26. Caterpillar CAT 49 [.5]
27. American Express AXP 47 [1]
28. DuPont DD 42.5 [1]
29. Travelers 26 [.5]
30. Alcoa AA 13 [1]

Here are the latest SEC filings as of 10/24/10 other than ownership filings, registration of shares for employee benefit plans, free writing prospectuses and third party shareholder proposals:

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

AT&T T: 10/21/10 & 10/10/10 2 8K's re: 3Q earnings of $2.08 per share
10/1/10 8K re: settlement with IRS to pay $300 mil re: '08 tax returns
9/3/10 8K re: increasing Board from 12 to 13 & election of Matthew K. Rose as director
9/2/10 8K re: issuance of 5.35% Notes due '40
8/19/10 8K re: agreement with Comm. Workers of America for a new 3 year contract for the 4,000 CWA workers in AT&T's East region
8/18/10 8K re: exchange offer of 5.35% Notes due '40 for outstanding 8.85% Sr. Notes of New Cingular Wireless due '31

Alcoa AA: 10/22/10 10Q for 3Q ended 9/30/10
10/12 8K re: transcript of 3Q earnings conference
10/8/10 8K re: 3Q results
8/24/10 8K re: tender offer for its 6% Notes due '12 & 5.3% Notes due '13
8/23/10 10Q/A amends prior 10Q
8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes

American Express AXP: 10/21/10 8K re: 3Q results
10/15/10 8K re: delinquency & write-off statistics
10/4/10 8K re: antitrust lawsuit filed by US Dept. of Justice accusing Amex of forcing merchants not to use competitors' services
9/15/10 8K re: delinquency & write-off stats
9/15/10 8K re: changes to certain credit cards
8/16/10 2 8Ks re: delinquency and write-off statistics

Bank of Am BAC: 10/20/108K re: registration of 50,354,545 shares
10/19/10 8K re: 3Q results
10/8/10 8K re: extension of BofA's review of foreclosures in all 50 states
8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments

Boeing BA: 10/10/10 10Q re: 3Q ended 9/30/10
10/10/10 8K re: 3Q results of $1.12 per share
8/27/10 8K re: delay of delivery of first 787 to mid 1Q '11 due to Rolls Royce Engine supply problems

Caterpiller CAT: 10/21/10 8K re: Sept. dealer stats
10/21/10 8K re: 3Q results
9/30/10 8K re: change of prices
9/21/10 8K re: credit facility
9/17/10 8K re: dealer stats

Chevron CVX: 10/12/10 *K re: 3Q fin'l update
9/30/10 8K re: bylaws amendments
8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results

Cisco CSCO 9/28/10 Def. Proxy materials
9/22/10 8K re: stock trading plans for directors
9/21/10 10K for year ended 7/31/10
9/16/10 8K re: award of employee stock options
9/10/10 Prelim Proxy Stmt re: Annual Shareholders Meeting on 11/18/10 at Santa Clara, Cal.
8/11/10 8K re: 4Q results fiscal year 7/31/10

Coke KO 10/19/10 8K re: 3Q fin'l results
10/5/10 8K re: completion of buyout of Coca-Cola Enterprises
9/27/10 8K re: settlement in Georgia of one of 3 shareholder class action suits challenging takeover of CCE
8/27 & 8/24 8Ks re: refiling of Hart-Scott-Rodino filing & similar filing with Candadian Corp. Bureau to give regulators more time to review acquisition of Coca-Cola Enterprises
8/2/10 10Q 2Q 7/2/10
7/30/10 8K re: refiling of Hart-Scott-Rodino filing re: acquisition of Coca-Cola Enterprises
7/21/10 8K re: 2Q results

Disney DIS 8/10/10 10Q 3Q 6/27/10
8/10/10 8K re: 3Q results

DuPont DD: 7/27/10 10Q 2Q 6/30/10
7/27/10 8K re: 2Q results
4/29/10 8K re: voting results from annual meeting held on 4/28/10.

ExxonMobil XOM: 10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm
10/3/10 8K re: 3Q earnings'9/28/10 8K re: NBC Universal offer to sell notes in a private placement
8/4/10 10Q 2Q 6/30/10
7/29/10 8K re: 2Q results
6/25/10 8K re: completion of its acquisition of XTO Energy Inc.
6/1/10 8K re: voting results from 5/26/10 Annual Meeting of Shareholders

GE:
8/2/10 10Q 1Q 6/30/10
7/16/10 8K re: 2Q reports

Hewlett-Packard HPQ: 10/18/10 8K re: election of Leo Aptheker as Pres/CEO
9/28/10 8K re: outlook for fiscal year '11
9/20/10 8K re: resolving litigation against ex-CEO mark Hurd
9/13/10 8K re: sale of Global Notes
9/9/10 10Q
9/7/10 8K re; agreement to buy 3Par, Inc.
8/30/10 8K re: Board authorizing add'l $10 bil for share repurchases
8/23/10 8K re: proposal to buy 3Par for $24 per share cash
8/19/10 8K re: reporting 3Q results
8/6/10 8K re: resignation of Mark V. Hurd as chairman, CEO, Pres
8/2/10 8K re: settleemnt with US Dept. of Justice re: Rille Complaint

Home Depot HD: 9/10/10 re: sale of 3.95% Sr. Note due '20 & 5.4% Sr. Notes due '40
9/2/10 10Q
8/17/10 8K re: 2Q results 8/1/10

Intel INTC: 10/13/10 & 10/12/10 2 8Ks re: results for 3Q ended 9/25/10
8/30/10 8K re: acquisition of Infineion's Wireless Business for $1.4 bil to close 1Q '11
8/27/10 8K re: lower expectations for 3Q result
8/19/10 8K re; transcript of conference call announcing acquisition of McAfee, Inc.
8/4/10 8K re: antitrust settlement with US Dept. of Justice
7/30/10 10Q 2Q 6/26/10
7/22/10 8K re: agreement with FTC to delay antitrust case while settlement talks continue.
7/16/10 8K re: Intel's interest in SMART Technologies Inc. which did an IPO.

IBM:10/19/10 & 10/18/10 2 8Ks re: results for 3Q ended 9/30/10
8/31/10 8K re: FD disclosure re:change in reporting operating income
8/4/10 8K re: issuance of $1.5 bil of debt

JPMorganChase JPM: 10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results
10/13/10 8K re: 3Q results of $1.01 per share
9/15/10 8K re: presentation to a US fin'l services investor conference
8/6/10 10Q 2Q 6/30/10

Johnson & Johnson JNJ : 10/19/10 8K re: results for 3Q ended 10/3/10
10/6/10 SC TO-C re: tender offer to buy Crucell N.V.
10/1/10 8K re; completion of acquisition of Micrus Endovascular Corp.
9/16/10 re: retirement of Colleen Goggins, Worldwide Chair of Consumer Group
8/18/10 8K: re: offer of 2.95% Notes due '20 & 4.5% Notes due '40
8/11/10 10Q 2Q 7/4/10
7/20/10 8K re: 2Q results ending 7/4/10
7/19/10 8K re: Bd of Dirs. election
7/12/10 K re: agreement to buy Micrus Endovascular.

Kraft KFT: 10/6/10 & 9/20/10 2 8Ks re: buyback of 5.125% Cadbury Notes due '13
9/15/10 8K re: new global growth strategy
8/19/10 10Q/A amended prior 10Q
8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting

McDonalds MCD: 10/21/10 8K re: 3Q earnings rise 12%
9/24/10 8K re: dividend increase of 11% to 0.61 per share
9/10/10 8K re: global sales in Aug. up 4.9%
8/10/10 8K re: July and end of year sale statistics
8/5/10 10Q 2Q 6/30/10
7/23/10 8K re: 2Q results ending 6/30/10
6/9/10 8K re: year to date sales figures

Merck MRK:10/14/10 8K re: status of Remicade & Simponi arbitration
9/7/10 8K re: arbitration re: Merck's rights to distribute Remicade & Simponi based on agreements from Merck's acquisition of Schering-Plough
8/6/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
7/8/10 8K re: global restructuring program in conjunction with the integration of the Schering-Plough acquisition; reduction of work force by 15% & closing of plants and research sites.

Microsoft MSFT: 10/22; 10/12; 10/14; 10/1 & 9/30/10 Proxy Statement materials re: Annual Shareholder Meeting to be held on 11/16/10 at 8am at Meydenbauer Center, Bellevue WA
9/27/10 8K re: sale of notes
9/13/10 8K re: resignation of Stephen Elop as Pres. of Microsoft Bus. Div. to become CEO of Nokia
7/30/10 10K year ended 6/30/10
7/22/10 8K re: 4Q results ending 6/30/10.
6/18/10 8K re: sale of $1.25 bil of Zero Coupon Convertible Sr. Notes due '13 (and related 6/9 8K).
5/28/10 8K re: retirement of Robbie Bach, pres. Of Entertainment & Devices Div.

Pfizer PFE:10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's pruchase of King Pharmaceuticals, Inc.
8/12/10 10Q 2Q 7/4/10
8/3/10 8K re: 2Q results
5/26/10 8K re: retirement of Dr. Martin Mackay, Sr. VP & Pres, Pharma Therapeutics R&D of Pfizer Inc.

Procter & Gamble PG: 10/14/10 8K re: voting results from 10/12/10 Annual Shareholders Meeting
10/12/10 8K re: dividend of 0.4818 cents per share
10/12/10 8K re: CEO's address at Annual Shareholders Meeting
8/27/10 Proxy Stmt re: Annual Shareholder Meeting to be held Tues. 10/12/10 at 9:00 am in Cincinnati, Ohio
8/13/10 10K year ended 6/30/10
8/3/10 8K re: exec comp plans
8/3/10 8K re: 4Q and year end results
7/13/10 8K re: declaration of quarterly dividend.

3M MMM:10/8/10 SC TO-T/A re: tender offer statement re: Cogent offer
8/30/10 8K re: acquisition of Cogent Inc. for $10.50 per share or $943 mil.
8/4/10 10Q 2Q 6/30/10
7/22/10 8K re: 2Q results
6/28/10 8K re: projected sales range for 2Q '10.

Travelers TRV:10/21/10 8K & 10Q re: 3Q ended 9/30/10
7/22/10 8K & 10Q
6/15/10 8K re: $1 bil 3 year revolving credit agreement.
5/7/10 8K re: voting results of 5/4/10 annual meeting of shareholders

United Technologies UTX:10/20/10 8K re: 3Q results
9/24/10 8K re: departure of certain officers
8/31/10 8K re: redemption of 6.35% Notes due '11
8/19/10 8K re: departure of EVP Ari Bousbib to become CEO of IMS Health
7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results

Verizon Communications Inc. VZ: 10/22/10 8K re: 3Q results
10/18/10 8K re: in'l info re: divestitures relating to 1/09 acquisition of Alltel Corp.
9/20/10 8K re: appointment of Verizon Wireless Pres/CEO Lowell C. McAdams as Pres/COO of Verizon Communications effective 10/1/10
9/13/10 8K re: retirement of John F. Killian as CFO
9/10/10 8K re: reclassification of results due to spin off of assets as a result of Alltel acquisition
7/29/10 10Q 2Q 6/30/10
7/27/10 8K re: 2Q results
7/23/10 8K re: 2Q results ending 6/30/10
7/1/10 8K re: completion of acquisition of Frontier Communications Corp. and spin off of shares to VZ shareholders.
6/11/10 8K re: agreement with certain unions.
5/27/10 8K re: record date of 6/7/10 re: proposed spin off of shares of New Communications Holdings.
5/12/10 8K re: voting results from 5/6/10 annual meeting of shareholders.

WalMart WMT:10/22/10 8K re: issuance of Notes due 2013
9/29/10 8K re: election of Charles Holley as CFO
9/1/10 10Q
8/17/10 8K re: 2Q results 7/31/10
7/7/10 8K re: underwriting to the public of several series of notes.
7/2/10 8K re: departure of John E. Fleming EVP & Chief Merchandising Officer effective 8/1/10.
6/29/10 8K re: appointment of Edwardo Castro-Wright as CEO for global.com & William S. Simon as CEO of Walmart U.S.
6/9/10 8K re: results of 6/4 annual meeting of shareholders.