Monday, April 18, 2011

4/18/11 Mon pm Dow Closes at 12,201.59 down 140.24 or 1.14%

www.DowJonesMonitor.com

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Post No. 974 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 and Dow 30 components' SEC filings as of March 21, 2011.

The Dow Jones Industrial Average closed Monday at 12,201.59 down 140.24 or 1.14% from Friday's close of 12,341.83. Of the 30 Dow components only Boeing gained and 29 declined. The only gainer dollar-wise and percentage-wise was Boeing BA $72.8 +0.20 0.28% 5,938,767 NYSE. The biggest decliner dollar-wise and percentage-wise was Caterpillar CAT $103.88 -3.33 3.11% 10,810,285 NYSE.

As of the open of the market Monday, 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 is 14.86 up from Friday's trailing P/E of 14.79 (year ago it was 17.12); the P/E estimate is 12.65 down from Friday's P/E estimate of 12.73 (year ago it was 14.00), and the dividend yield is 2.38 down from Friday's dividend yield of 2.39 (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.

Monday's Dow Jones Industrial Average closing numerator was 1,612.19 down 18.53 from Friday's closing numerator of 1,630.72. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator decrease for today by the divisor (0.132129493) you get the decrease in today's Dow. A $1 change in the price of any DJIA stock = a 7.57 change in the average.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was $53.73 down 0.63 from Friday's average closing price of $54.36. The median closing price of Monday's Dow Jones Industrial Average was $45.01 (AXP/JPM) down 0.04 from Friday's median closing price of $45.05. The lowest volume was United Technologies UTX $81.7 -1.75 2.1% 5,307,267 NYSE and the highest volume was again Bank of America BAC $12.4 -0.42 3.28% 244,383,243 NYSE.

If Monday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have lost $1,853 ($163,022 - $161,169).

MarketWatch Monday 4/18/1 4:12 pm by Laura Mandaro says U.S. stocks ended broadly lower Monday on worries over the prospects for U.S. borrowings after Standard & Poor's cut its outlook on the U.S. to negative. The major indexes recovered from the day's lows, however. The Dow Jones Industrial Average DJIA -1.14% ended down 140.24 points, or 1.1%, at 12,201.59, its worst one-day drop since March 16, in the aftermath of Japan's quake and tsunami. It had fallen more than 240 points earlier. The S&P 500 SPX fell 14.54 points, or 1.1%, to 1,305.14, with energy leading declines across all 10 industry sectors. The Nasdaq Composite fell 29.27 points, or 1.1%, to 2,735.38.

Monday's Closing Dow Numbers:

At&T T $30.31 -0.34 1.11% 19,969,086 NYSE
Alcoa AA $16.1401 -0.3799 2.3% 34,194,877 NYSE
American Express AXP $46.07 -0.18 0.39% 6,537,267 NYSE
Boeing BA $72.8 +0.20 0.28% 5,938,767 NYSE
Bank of America BAC $12.4 -0.42 3.28% 244,383,243 NYSE
Caterpillar CAT $103.88 -3.33 3.11% 10,810,285 NYSE
Chevron CVX $104.52 -1.72 1.62% 6,361,213 NYSE
CSCO $16.73 -0.30 1.76% 85,391,995 NASDAQ-GS
Coke KO $67.32 -0.69 1.01% 7,313,122 NYSE
Disney DIS $41.22 -0.30 0.72% 9,385,787 NYSE
duPont DD $53.845 -1.045 1.9% 4,705,773 NYSE
Exxon XOM $83.16 -1.13 1.34% 13,426,871 NYSE
GE $19.97 -0.07 0.35% 59,275,902 NYSE
Hewlett-Packard HPQ $39.7403 -0.5197 1.29% 17,012,028 NYSE
Home Depot HD $37.75 -0.42 1.1% 7,744,937 NYSE
Intel INTC $19.62 -0.13 0.66% 45,655,256 NASDAQ-GS
IBM $166.08 -0.13 0.08% 5,692,374 NYSE
JPMorgan JPM $43.95 -0.94 2.09% 45,940,709 NYSE
JNJ $60.4599 -0.1001 0.17% 19,253,871 NYSE
kraft KFT $33.24 -0.12 0.36% 13,358,995 NYSE
McDonald's MCD $77.01 -0.37 0.48% 4,417,616 NYSE
Merck MRK $33.97 -0.54 1.56% 16,613,498 NYSE
Microsoft MSFT $25.08 -0.29 1.14% 57,074,925 NASDAQ-GS
Pfizer PFE $20.39 -0.14 0.68% 38,608,162 NYSE
Procter & Gamble PG $64 -0.18 0.28% 11,158,459 NYSE
MMM $91.45 -1.37 1.48% 3,588,933 NYSE
Travelers TRV $59.01 -0.79 1.32% 3,538,195 NYSE
United Technologies UTX $81.7 -1.75 2.1% 5,307,267 NYSE
Verizon VZ $37.31 -0.54 1.43% 12,139,419 DualListed
Walmart WMT $53.31 -0.24 0.45% 9,455,830 NYSE




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The following are excerpts from Monday morning's Blog.

A read of the print editions of Monday's Barron's, Wall Street Journal, Financial Times, New York Times, USA Today, Investor's Business Daily, Atlanta Journal Constitution & Daily Report (Georgia -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 Friday's stock prices and related data.

Dow Jones Industrial Average: The Dow Jones Industrial Average closed Friday at 12,341.83 up 56.68 points or 0.46% from Thursday's close of 12,285.15. For the week the Dow is down 38.22 points or 0.31% from last Friday's close of 12,380.05. For the year the Dow is up 6.60%. Of the 30 Dow components 20 gained and 10 declined. The biggest gainer dollar-wise was Chevron CVX $106.24 +1.36 1.3% 8,692,661 NYSE and percentage-wise was Merck MRK $34.51 +0.65 1.92% 36,686,869 NYSE. The biggest decliner dollar-wise was United Technologies UTX $83.45 -0.53 0.63% 4,410,751 NYSE and percentage-wise was Bank of America BAC $12.82 -0.31 2.36% 263,938,553 NYSE.

Inv. Bus. Daily pA1 "Stocks look past negatives, tack on gains" by Paul Whitfield says stocks overcame a sell-off in Google shares Fri &rolled higher in rising volume. Friday's action was up in higher volume while the current outlook remains uptrend under pressure.

Friday's Dow Jones Industrial Average closing numerator was 1,630.72 up 6.99 from Thursday's closing numerator of 1,623.23. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator increase for today by the divisor (0.132129493) you get the increase in today's Dow. A $1 change in the price of any DJIA stock = a 7.57 change in the average.

The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was $54.36 up 0.25 from Thursday's average closing price of $54.11. The median closing price of Friday's Dow Jones Industrial Average was $45.05 (AXP/JPM) down 0.37 from Thursday's median closing price of $45.42. The lowest volume was 3M MMM $92.82 -0.12 0.13% 3,077,787 NYSE and the highest volume was again Bank of America BAC $12.82 -0.31 2.36% 263,938,553 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 $699 ($162,323 $163,022).

MarketWatch Friday 4/15/1 5:03 pm by Wallace Witkowski & Kate Gibson says U.S. stocks closed up Friday as favorable economic reports balanced out disappointing earnings results, but it wasn’t enough give the Dow industrials its fourth consecutive weekly gain. The Dow Jones Industrial Average (DJIA 12,341.83, +56.68, +0.46%) rose 57 points, or 0.5%, to close at 12,342, with 20 of its 30 components rising. For the week, however, the Dow is off 0.3% to snap a three-week run of weekly gains. Leading the Dow was Merck & Co. (MRK 34.42, -0.09, -0.26%) , with shares up 1.9%, after the drug maker settled with Johnson & Johnson Inc. (JNJ 60.56, +0.54, +0.90%) over a disputed arthritis medication. The gains in stocks on Friday came as a measure of consumer sentiment rose in April, beating forecasts. Core consumer prices climbing a modest 0.1% in March, according to the Labor Department, which provide the Federal Reserve with breathing space to continue its $600 billion bond buying program.Also released Friday was data showing that manufacturing in the New York region climbed to a one-year high in April on a surge of new orders. Peter Cardillo, chief market economist at Avalon Partners in New York, said the data along with indications the Fed will not tighten monetary policy anytime soon allowed the market to overcome less-than-starry earnings results. U.S. consumer prices keep rising in March as gasoline and food prices move higher, but underlying inflation remains tame. Earlier, Chicago Federal Reserve President Charles Evans said as long as core inflation remained at 1.5% or lower he was “extremely doubtful” the Fed would adjust its monetary policy. “The bottom line is that the good economy and cheap money will continue to bolster the stock market,” Cardillo said. The biggest drag on the blue chips, Bank of America (BAC 12.87, +0.05, +0.39%) , saw its shares fall 2.4% after its first-quarter profit missed expectations and the bank said its chief risk officer would move up to become its chief financial officer. The Standard & Poor’s 500 Index (SPX 1,319.68, +5.16, +0.39%) rose 5.2 points, or 0.4%, to close at 1,319.68, with technology the hardest hit and utilities the best performing among its 10 industry sectors. For the week, the index fell 0.6% for its second weekly loss in a row. Utility stocks Ameren Corp. (AEE 28.83, +0.58, +2.05%) , Integrys Energy Group Inc. (TEG 50.63, +1.01, +2.04%) and DTE Energy Co. (DTE 49.34, +0.97, +2.01%) all finished the day up 2%. The Nasdaq Composite Index (COMP 2,764.65, +4.43, +0.16%) climbed 4.4 points, or 0.2%, to close at 2,764.65, but for the week, the index fell 0.6%, its second weekly loss in a row. Dragging on tech stocks, Google (GOOG 530.33, -0.37, -0.07%) reported first-quarter earnings below Wall Street’s expectations late Thursday. Google shares dropped 8.3%. Both oil and gold settled higher on the day. Crude oil for May delivery (CLK11 109.45, +1.34, +1.24%) settled up $1.55, or 1.4%, at $109.66 a barrel, and gold for June delivery (GCM11 1,487.50, +15.10, +1.03%) rose $13.60, or 0.9%, to settle at $1,486.00 an ounce on the New York Mercantile Exchange.

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

AT&T T $30.65 +0.36 1.19% 22,291,845 NYSE: Fin Times p22"Corp diary" says AT&T reports earnings on Wed and analysts will be watching for signs that wireless unit growth may have slowed since Verizon started selling the Apple iPhone in Feb. American Express reports earnings on Wed as do GE & McDonald's on Thurs.

Barron's p11 "Week preview" says on Tues Johnson & Johnson reports earnings with consensus estimate of 58 cents a sahre vs. a year ago of 28 cents, Intel also reports on Tues, on Wed AT&T reports, and on Thurs. GE reports.

Inv. Bus Daily pA2 "In brief" says AT&T will sell its 49% stake in Mexican telecom Alestra to Alfa, a Mexican industrial firm that will take full control.

Alcoa AA $16.52 -0.03 0.18% 17,697,239 NYSE: Barron's pM5 "The trader" by Kopin Tan says Alcoa swung to a 1Q profit, bu fell short of its rev target & its stock was clipped by 6%. JPMorgan's biggest quarterly take ever and a 67% profit jump has brought only a flat finish.

American Express AXP $46.25 +0.37 0.81% 6,722,422 NYSE: "Corp diary" p22 says AT&T reports earnings on Wed and analysts will be watching for signs that wireless unit growth may have slowed since Verizon started selling the Apple iPhone in Feb. American Express reports earnings on Wed as do GE & McDonald's on Thurs.

Bank of America BAC $12.82 -0.31 2.36% 263,938,553 NYSE: Fin Times p16 "BofA aims to reassure shareholders" by Justin Baer says BofA shares have slipped 7.6% since the bank disclosed that the Fed had rejected its dividend plan so BofA's CEO Brian Moynihan has to convince investors its sprawling operations have gelled around his vision.

Inv. Bus. Daily pA1 "Mortgage losses hit BofA", Fin Times p10 "BofA replaces its finance chief" by Justin Baer, WSJ pB16 "BofA still can't beat the house" by David Reilly, WSJ pA1 "Bank titan in turmoil as revival is elusive" by Dan Fitzpatrick say BofA CEO shook up his management team and accelerated a planned exit of CFO Chuck Noski who was on the job for less than a year as BofA announced a 36% drop in 1Q earnings, reinforcing BofA's status as a laggard among major US banks. Ex-SEC lawyer, Gary Lynch, was hired to be chief of legal, compliance & regulatory relations. Rev was down 16%. Earlier in the week rival JPMorgan had a 67% gain in profit. BofA earned $2.05 bil or 17 cents a share down from $3.18 bil or 28 cents a year earlier. BofA also reached a $1.6 bil agreement with mortgage bond insurer Assured Guaranty.

Boeing BA $72.6 +0.30 0.41% 4,129,234 NYSE: Barron's Cover Story p23 "Set to Soar" by Robin Blumenthal says after years of delay, Boeing's 787 Dreamliner is ready to fly and so is Boeing's stock, which could soar 35% over the next 2 years. Sales are split today between commercial & miliary aircraft. Boeings shares have risen just 1.7% the past 12 months tail a 13% gain in the S&P 500 Index. Boeing has a 7.3 year order backlog for 3,400 planes, valued at $256 bil.Boeing controls just over 50% of the market for commercial aircraft with 150 seats or more, with EADS, which owns Airbus, controlling the rest.

Caterpillar CAT $107.21 -0.37 0.34% 5,276,899 NYSE: No mentions found.

Chevron CVX $106.24 +1.36 1.3% 8,692,661 NYSE: Fin Times p15 "Chevron chief warns of fallout from tax rise on N. Sea output" by Sylvia Pfeifer says Chevron's CEO John Watson attacked the UK gov's recent tax rise on oil & gas production in the N. Sea. Chevron produces oil & gas in 26 nations and choose venues that have the right geologic & fiscal terms.

Cisco CSCO $17.03 -0.14 0.82% 82,282,191 NASDAQ-GS: NYT pB3 "Wreckage at the intersection of corp & consumer markets" by Sam Grobart says Cisco's decision to close its Flip video camera unit shows how hard it is trying to cross over into the consumer marketplace. IBM was the most successful crossover artist, moving from mainframe to Personal computing with the PC in the early 80's.

Barron's pM16 "Research reports" says Wedbush did a report on Cisco as a "outperform" with the target/fair value at 24.

Coke KO $68.01 -0.30 0.44% 8,638,783 NYSE: No mentions found.

Disney DIS $41.52 +0.50 1.22% 8,248,843 NYSE: No mentions found.

Dupont DD $54.89 +0.78 1.44% 6,293,758 NYSE: NYT pB2 "Corp earnings" says on Tues IBM, Intel and Johnson & Johnson report earnings; on Wed: Amex, AT&T, United Technologies, on Thurs: DuPont, GE & Verizon.

Inv. Bus. Daily pA2 "In brief", Fin times p10 "DuPont wins approval for Danisco deal" by Andrew Ward say DuPont received Chinese regulators' OK to buy Danish food ingredients & enzyme maker Danisco for $5.9 bil.

Exxon XOM $84.29 +0.85 1.02% 16,657,257 NYSE: USA Today p3B "Exxon CEO on oil prices" by Maria Baritomo is an interview with Exxon CEO Rex Tilelrsons who runs the world's biggest oil firm that earned more than 30 bil last year on rev of $370 bil.

GE $20.04 +0.04 0.2% 49,462,086 NYSE: "Corp diary" p22 says AT&T reports earnings on Wed and analysts will be watching for signs that wireless unit growth may have slowed since Verizon started selling the Apple iPhone in Feb. American Express reports earnings on Wed as do GE & McDonald's on Thurs.

Barron's p11 "Week preview" says on Tues Johnson & Johnson reports earnings with consensus estimate of 58 cents a sahre vs. a year ago of 28 cents, Intel also reports on Tues, on Wed AT&T reports, and on Thurs. GE reports.

Hewlett-Packard HPQ $40.26 -0.10 0.25% 14,580,679 NYSE: Barron's p29 "Tech trader" by Tiernan Ray says Intel had a glitch in some chips back in Jan. Hewlett-Packard holds the No. 1 spot for PC makers with Acer & Dell tied for 2nd. Intel and Microsoft but they need to move beyond PCs because PCs are threatened by tablet computers, especially the iPad.

Home Depot HD $38.17 +0.33 0.87% 10,325,834 NYSE: No mentions found.

Intel INTC $19.75 +0.17 0.87% 43,972,712 NASDAQ-GS: NYT pB2 "Corp earnings" says on Tues IBM, Intel and Johnson & Johnson report earnings; on Wed: Amex, AT&T, United Technologies, on Thurs: DuPont, GE & Verizon.

Barron's p11 "Week preview" says on Tues Johnson & Johnson reports earnings with consensus estimate of 58 cents a sahre vs. a year ago of 28 cents, Intel also reports on Tues, on Wed AT&T reports, and on Thurs. GE reports.

Barron's p29 "Tech trader" by Tiernan Ray says Intel had a glitch in some chips back in Jan. Hewlett-Packard holds the No. 1 spot for PC makers with Acer & Dell tied for 2nd. Intel and Microsoft but they need to move beyond PCs because PCs are threatened by tablet computers, especially the iPad.

IBM $166.21 +1.24 0.75% 5,221,659 NYSE: NYT pB2 "Corp earnings" says on Tues IBM, Intel and Johnson & Johnson report earnings; on Wed: Amex, AT&T, United Technologies, on Thurs: DuPont, GE & Verizon.

NYT pB3 "Wreckage at the intersection of corp & consumer markets" by Sam Grobart says Cisco's decision to close its Flip video camera unit shows how hard it is trying to cross over into the consumer marketplace. IBM was the most successful crossover artist, moving from mainframe to Personal computing with the PC in the early 80's.

JPMorgan JPM $44.89 -0.08 0.18% 32,070,164 NYSE: Fin Times p16 "JPMorgan looks to expand in Brazil" by Joe Leahy says JPM will double its headcount in Brazil to 780 in the next year and eventually 1,200 as it seeks to tap opportunities in Brazil to manage assets as well as expand in corp finance and other areas of biz in Latin America's largest economy.

Barron's pM5 "The trader" by Kopin Tan says Alcoa swung to a 1Q profit, bu fell short of its rev target & its stock was clipped by 6%. JPMorgan's biggest quarterly take ever and a 67% profit jump has brought only a flat finish.

Johnson & Johnson JNJ $60.56 +0.54 0.9% 18,235,700 NYSE: WSJ pB1 "Synthes is seen as a fit for J&J" by Jonathan Rockoff says Johnson & Johnson's potential purchase for $20 bil of Synthes, a dominant player in the medical device market, would be a good fit for J&J's DePuy unit. Synthes sells 50% of the plates 7 screws that doctors use to treat broken bones.

Barron's p11 "Week preview" says on Tues Johnson & Johnson reports earnings with consensus estimate of 58 cents a sahre vs. a year ago of 28 cents, Intel also reports on Tues, on Wed AT&T reports, and on Thurs. GE reports.

Barron's p10 "last week review" says JNJ is in talks to buy Synthes.

Inv. Bus. Daily pA2 "Merck, J&J end rights dispute", WSJ pB2 "Rivals resolve dispute over drug" by Peter Loftus, Sat AJC pA11 "Drug companies' deal end s marketing dispute" say Merck & Johnson & Johnson have settled a multibillion dollar arbitration fight over rights to Remicade and Simponi, which treat chronic inflamatory diseases like rheumatoid arthritis. Merck will pay J&J $500 mil and they will amend a prior agreement to divide distribution rights outside the US.

Kraft KFT $33.36 +0.41 1.24% 21,214,751 NYSE: No mentions found.

McDonald's MCD $77.38 +0.31 0.4% 4,529,074 NYSE: "Corp diary" p22 says AT&T reports earnings on Wed and analysts will be watching for signs that wireless unit growth may have slowed since Verizon started selling the Apple iPhone in Feb. American Express reports earnings on Wed as do GE & McDonald's on Thurs.

Merck MRK $34.51 +0.65 1.92% 36,686,869 NYSE: Inv. Bus. Daily pA2 "Merck, J&J end rights dispute", WSJ pB2 "Rivals resolve dispute over drug" by Peter Loftus, Sat AJC pA11 "Drug companies' deal end s marketing dispute" say Merck & Johnson & Johnson have settled a multibillion dollar arbitration fight over rights to Remicade and Simponi, which treat chronic inflamatory diseases like rheumatoid arthritis. Merck will pay J&J $500 mil and they will amend a prior agreement to divide distribution rights outside the US.

Microsoft MSFT $25.37 -0.05 0.2% 64,651,000 NASDAQ-GS: NYT pB3 "An unvarnished peek into Microsoft's history" by Steve Lohr says Paul Allen, the co-founder of Microsoft, has a book out as his autobiography which protrays his role during the early years of MSFT as the visionary while Bill Gates was the tactician. It will be published on Tues.

Barron's p29 "Tech trader" by Tiernan Ray says Intel had a glitch in some chips back in Jan. Hewlett-Packard holds the No. 1 spot for PC makers with Acer & Dell tied for 2nd. Intel and Microsoft but they need to move beyond PCs because PCs are threatened by tablet computers, especially the iPad.

Pfizer PFE $20.53 +0.0395 0.19% 49,084,017 NYSE: No mentions found.

Procter & Gamble PG $64.18 +0.88 1.39% 12,234,253 NYSE: Barron's pM12 "Going with the flow" by Shirley Lazo Procter & Gamble sweetened its quarterly common payout 9% to 52.5 cents a share from 48.2 cents, giving the stock a 3.3% yield. P&G will repurchase $6 bil to $8 bil of its shares in fiscal '11 ending 6/30. United Technologies hiked its quarterly common dividend for the 18th year in a row to 48 cents a share up 13% from 42.5 cents.

3M MMM $92.82 -0.12 0.13% 3,077,787 NYSE: No mentions found.

Travelers TRV $59.8 +0.17 0.29% 3,342,863 NYSE: No mentions found.

United Technologies UTX $83.45 -0.53 0.63% 4,410,751 NYSE: NYT pB2 "Corp earnings" says on Tues IBM, Intel and Johnson & Johnson report earnings; on Wed: Amex, AT&T, United Technologies, on Thurs: DuPont, GE & Verizon.

Barron's pM12 "Going with the flow" by Shirley Lazo Procter & Gamble sweetened its quarterly common payout 9% to 52.5 cents a share from 48.2 cents, giving the stock a 3.3% yield. P&G will repurchase $6 bil to $8 bil of its shares in fiscal '11 ending 6/30. United Technologies hiked its quarterly common dividend for the 18th year in a row to 48 cents a share up 13% from 42.5 cents.

Verizon VZ $37.85 +0.14 0.37% 11,168,642 DualListed: NYT pB2 "Corp earnings" says on Tues IBM, Intel and Johnson & Johnson report earnings; on Wed: Amex, AT&T, United Technologies, on Thurs: DuPont, GE & Verizon.

Fin Times "Corp diary" p22 says AT&T reports earnings on Wed and analysts will be watching for signs that wireless unit growth may have slowed since Verizon started selling the Apple iPhone in Feb.

Walmart WMT $53.55 +0.05 0.09% 8,631,962 NYSE: No mentions found.

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Here are the current CEOs of the Dow 30 Companies:

AT&T T Randall L. Stephenson (Dallas, TX)
Alcoa AA Klaus Kleinfeld (NY, NY)
American Express AXP Kenneth I. Chenault (NY, NY)
Bank of America BAC Brian T. Moynihan (Charlotte, N.C.)
Boeing BA W. James McNerney, Jr. (Chicago, Ill)
Caterpillar CAT Douglas Oberhelman (Peoria, Ill.)
Chevron CVX John Watson (San Ramon, CA)
Cisco CSCO John Chambers (San Jose, CA)
Coca Cola KO Muhtar Kent (Atlanta, GA)
Disney DIS Robert Iger (Burbank, CA)
DuPont DD Ellen Kullman (Wilmington, DE)
ExxonMobil XOM Rex W. Tillerson (Irving, Tx)
GE Jeffrey R. Immelt (Fairfield, CT)
Hewlett-Packard HPQ Leo Apotheker (Palo, Alto, CA)
Home Depot HD Frank Blake (Atlanta, GA)
Intel INTC Paul S. Otellini (Santa Clara, CA)
IBM Samuel J. Palmisano (Armonk, NY)
JPMorgan Chase JPM Jamie Dimon (NY, NY)
Johnson & Johnson JNJ William C. Weldon (New Brunswick, NJ)
Kraft KFT Irene Rosenfeld (Northfield, Ill.)
McDonald's MCD Jim Skinner (Oak Brook, Ill)
Merck MRK Kenneth Frazer (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
Pfizer PFE Ian Read (NY, NY)
Procter & Gamble PG Bob McDonald (Cincinnati, OH)
3M MMM George W. Buckley (St. Paul, MN)
Travelers TRV Jay S. Fishman (NY, NY)
United Technologies UTX Louis Chenevert (Hartford, CT)
Verizon VZ Ivan Seidenberg (NY, NY)
Wal-Mart WMT Mike Duke (Bentonville, ARK)

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest as of 3/21/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $401 [5]
2. Procter & Gamble PG 243 [4]
3. Microsoft MSFT 212 [8.5]
4. Chevron CVX 207 [2]
5. GE 204 [10.5]
6. IBM 190 [1]
7. WalMart WMT 184 [3.5]
8. JPMorgan Chase JPM 182 [4]
9. AT&T T 165 [6]
10. Pfizer PFE 161 [8]
11. Johnson & Johnson JNJ 160 [3]
12. Coke KO 144 [2.5]
13. Bank of America BAC 142 [10]
14. Intel INTC 111 [5.5]
15. Verizon VZ 101 [3]
16. Merck MRK 98 [3]
17. Cisco CSCO 95 [5.5]
18. Hewlett-Packard HPQ 89 [2]
19. Disney DIS 78 [2]
20. McDonald's MCD 76 [1]
21. United Technologies UTX 74 [1]
22. Caterpillar CAT 67 [.5]
23. 3M MMM 63 [.5]
24. Home Depot HD 59 [1.5]
25. Kraft KFT 54 [2]
26. American Express AXP 53 [1]
27. Boeing BA 51 [1]
28. DuPont DD 49 [1]
29. Travelers TRV 25 [.5]
30. Alcoa AA 17 [1]

Here are the latest 8K, 10Q & 10K & Proxy SEC filings as of 3/21/11:

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

AT&T T: 3/10/11 Proxy Statement re: Annual Meeting of Stockholders to be held on 4/29/11 in Little Rock, Ark
3/7/11 8K re; departure of Richard G. Lindner as CFO to be replaced by John T. Stephens
3/1/11 10K re: Fiscal year ended 12/31/10

Alcoa AA: 3/7/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/6/11 in Pittsburg, PA
2/17/11 10K re: Fiscal year ended 12/31/10
2/11/11 8K re: resignation of Carlos Ghosen, CEO of Nissan, from Board of Directors
2/3/11 8K re: FD disclosaure re: flat rolled growth opport'ties in Europe
1/25/11 & 1/21/11 8Ks re: contributions to pension plan

American Express AXP: 3/18/11 8K re: Reg. FD disclosures re: its Comprehensive Capital Plan re: share repurchases & dividends
3/15/11 8K re: delinquency & write-off statistics for 3 months ended 2/28/11
3/4/11 Prelim Proxy Statement re: Shareholder Meeting to be held 5/2/11 in NYC
2/2811 10K re: Fiscal year ended 12/31/10
2/15/11 8K re: delinquency & write0off statistics for 3 months ended 1/31/11
1/18/11 8K re: comp to CEO Chanault

Bank of Am BAC: 3/17/11 8K re: issuance of $1.5 bil of 3.625% of Senior Notes due 2016
3/16/11 8K re: election of Mukesh D. Ambani to Board of Directors & Compensation & Benefit Committee & Audit Committee
1/31/11 8K re: compensation of officers
1/21/11 8K re: 4Q & FY 2010 results

Boeing BA: 3/18/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/2/11 in Chicago
2/9/11 10K & 1/26/11 8K re: 12/31/10 results & FY 2011 guidance
1/11/11 8K re: resignation of William M. Daley from Board to be Chief of Staff to Pres. Obama

Caterpiller CAT: 3/8/11 8K re: price changes of products
3/18/11 8K re: Reg FD disclosures re: 3 months dealer statistics
2/22/11 10K re: Fiscal year ended 12/31/10
2/18/11 8K re: dealer statistics for January

Chevron CVX:
2/24/11 10K re: Fiscal year ended 12/31/10
2/1/11 8K re: compensation to officers including CEO John Watson

Cisco CSCO 3/18/11 8K re: initiation of quarterly cash dividends of 6 cents per share to be paid 4/20
3/16 & 3/15 8Ks re: issuance of debt securities
3/9/11 8K re: recasting of fin'l stmts due to combining Asia Pacific & Japan operations
2/23/11 8K re: election of Gary B. Moore as COO
2/23/11 10Q re: Quarter ended 1/29/11

Coke KO 3/10/11 Proxy Statement re: Annual Meeting of Shareholders to be held 4/27/11 in Atlanta
2/28/11 10K re: Fiscal year ended 12/31/10
2/17/11 8K re: election of Evan G. Greenberg to Board of Directors & Audit Comm.
2/17/11 8K re: Amendment of Stock Option Plan

Disney DIS 3/18/11 two 8Ks re: amendment to employment Agreement of CEO Robert A. Iger & other execs.
3/2/11 Proxy Materials re: shareholder proposal re: exec compensation
2/25/11 8K re: $2.25 bil 4 year Credit Agreement
2/8/11 10Q & 2/8/11 8K re: 1Q results
1/28/11 Proxy statement for annual shareholder meeting to be held 3/23/11 at Salt Lake City, Utah

DuPont DD: 3/18/11 Proxy re: Annual Stockholders Meeting to be held on 4/27/11 in Wilmington, DE
3/8/11 8K re: retirement of Samuel W. Bodman & John T. Dillon from Board of Directors due to reaching age 72
2/8/11 10K re FY 12/31/10
1/27/11 8K re: compensation for CEO Ellen Kullman
1/25/11 8K re: results for quarter ended 12/31/10
1/12/11 8K re: acquisition of Danish firm, Danisco
12/10 8K re: retirement of Jeffrey L. Keefer as EVP

ExxonMobil XOM: 3/15/11 8K re: results of operations presentation at analyst meeting
2/28 10K/A & 2/25 10K re: Fiscal year ended 12/31/10
2/15/11 8K re: FD Disclosure re: worldwide proved oil and gas reserve

GE: 3/14/11 Proxy re: Annual Shareholders Meeting on 4/27/11 in Salt Lake City, Utah
2/25/11 10K re: Fiscal year ended 12/31/10
2/14/11 8K re: amendments to bylaws re: calling of special meetings of shareholders
1/31/11 8K re: closing of Comcast deal giving it control of NBC Universal

Hewlett-Packard HPQ: 3/11/11 Proxy Materials re: opposition to ISS voting recommendations re: exec comp.
3/11/11 & *k 2/22/11 re: Quarter ended 1/31/11
2/1/11 Proxy statement re: 3/23/11 shareholders meeting
1/20/11 8K re: election of 5 new members to Board of Directors

Home Depot HD: 3/2/11 8K re: approval of Stock Option Plan
2/22/11 8K re: fin'l results of fiscal year & quarter ended 1/30/11
1/12/11 8K re: promotion of Aaron Carmack as Pres. of Home Depot Canada

Intel INTC: 2/28/11 8K re: completion of acquisition of McAfee
2/28/11 10K re: Fiscal year ended 12/25/10

IBM: 3/18/11 8K re: settlement with SEC of bribery charges in Asia for $10 mil
3/8/11 8K re: FD disclosure re: presentation at investor briefing
3/7/11 Proxy rel Annual Stockholders Meeting on 4/26 in St. Louis, Mo.
2/22/11 10K re: Fiscal year ended 12/31/10

JPMorganChase JPM: 2/28/11 10K re: fiscal year ended 12/31/10
2/24/11 8K re: clsoing of public offering of $3 bil of 3.45% Notes due 2016

Johnson & Johnson JNJ : 3/16/11 Proxy re: Annual Shareholders Meeting on 4/28 in New Brunswick, NJ
3/10/11 8K re: Entering into a consent decree with the FDA regarding its oversight of JNJ's McNeil Unit plants in Puerto Rico and Pennslyvania
2/25/11 10 K e: fiscal year ended 1/2/11

Kraft KFT: 3/14/11 8K re: departure of CFO timothy R. McLevish to be replaced by David A. Brearton
2/28/11 10K re: Fiscal year ended 12/31/10
2/22/11 8K re: FD disclosure re: presentation at Consumer Analyst Group of NY

McDonalds MCD: 3/9/11 8K re: FD disclosure re: comparable sales rising 3.9% in Feb.
3/3/11 Proxy re: Annual Meeting of Shareholders on 5/19/11 at Oak Brook, Ill.
2/25/11 10K re: fiscal year ended 12/31/10
2/8/11 8K re: Jan 2011 global sales

Merck MRK: 2/28/11 10K re: Fiscal year ended 12/31/10

Microsoft MSFT: 2/8/11 8K re: underwriting agreement for $750 mil of 2.5% Notes due 2016
1/27/11 10 & 1/27/11 8K for quarter ended 12/31/10

Pfizer PFE: 2/28/11 10K re: fiscal year ended 12/31/10

Procter & Gamble PG: 3/1/11 8K re: resignation of Rajat KJ. Gupta from Board of Directors
2/11/11 8K re: election of Meg Whitman to Board of Directors

3M MMM: 3/15/11 8K re: retirement of CFO Patrick D. Cambell to be replaced by David W. Meline
2/16/11 10K re: Fiscal year ended 12/31/10
2/16/11 & 2/15/11 four 8Ks re: adoption by four executives of pre-arranged trading programs

Travelers TRV: 2/17/11 10K re: Fiscal year ended 12/31/10
1/28/11 8K re: departure of Blythe McGarvie from Board
1/25/11 8K results of 4Q

United Technologies UTX: 2/25/11 Proxy re: Annual Meeting of Shareholders on 4/13/11 in Phoenix, AZ
2/10/11 10K for FY 12/31/10

Verizon Communications Inc. VZ: 3/7/11 8K re: election of Lowell C. McAdam to Board of Director (he is Pres/COO)
2/28/11 10K re: fiscal year ended 12/31/10
2/3/11 8K re: increase to stock repurchase program

WalMart WMT: 2/22/11 8K re: revising fin'l info for prior operating results