4/25/11 Mon pm Dow Closes at 12,479.88 down 26.11 or 0.21%

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Post No. 985 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 as of April 24, 2011 and Dow 30 components' SEC filings as of April 24, 2011.

The Dow Jones Industrial Average closed Monday at 12,479.88 down 26.11 or 0.21% from Thursday's close of 12,505.59 (the market was closed Fri.). Of the 30 Dow components 13 gained and 17 declined. The biggest gainer dollar-wise was Travelers TRV $61.78 +0.46 0.75% 3,348,795 NYSE and percentage-wise was Intel INTC $21.94 +0.48 2.24% 81,729,082 NASDAQ-GS. The biggest decliner dollar-wise and percentage-wise was DuPont DD $55.12 -0.79 1.41% 4,766,187 NYSE.

As of the open of the market Monday, the current divisor for the Dow Jones Industrial Average found at page C4 of Monday's Wall St. Journal is 0.132129493. The trailing P/E is 14.70 down from Thursday's trailing P/E of 14.99 (year ago it was 17.19); the P/E estimate is 12.65 unchanged from Thursday's P/E estimate of 12.65 (year ago it was 14.00), and the dividend yield is 2.35 down from Thursday's dividend yield of 2.36 (last year it was 2.45). 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 1,648.95 down 3.41 from Thursday's closing numerator of 1,652.36. 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 $54.97 down 0.11 from Thursday's average closing price of $55.08. The median closing price of Monday's Dow Jones Industrial Average was $45.85 (AXP/JPM) udown 0.04 from Friday's median closing price of $45.89. The lowest volume was 3M MMM $94.12 +0.20 0.21% 2,181,979 NYSE and the highest volume was again Bank of America BAC $12.44 +0.13 1.06% 112,228,280 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 $341 ($165,236 - $164,895).

MarketWatch Monday 4/25/1 4:17 pm by Laura Mandaro says U.S. stocks broke a three-session winning streak Monday as some lingering worries over rising commodity costs and increasing fiscal debt gave investors an excuse to take profits. The Dow Jones Industrial Average closed down 26.11 points, or 0.2%, to 12,479.88 points, its first down day in four, after closing at a nearly 3-year high on Thursday ahead of the Good Friday holiday. The S&P 500 lost 2.13 points, or 0.2%, to 1,335.25, led by falling resource stocks. Among companies reporting earnings, Kimberly-Clark Corp. shares fell 2.7% after the maker of diapers trimmed its profit outlook, citing material costs. The Nasdaq Composite edged up 5.72 points, or 0.2%, to 2,825.88.

Monday's Closing Dow Numbers:

AT&T T $30.55 -0.13 0.42% 13,234,142 NYSE
Alcoa AA $16.89 -0.08 0.47% 15,460,765 NYSE
Amex AXP $47.05 -0.06 0.13% 5,014,531 NYSE
Bank of Am BAC $12.44 +0.13 1.06% 112,228,280 NYSE
Boeing BA $74.9 -0.54 0.72% 2,522,025 NYSE
CAT $108.85 -0.57 0.52% 3,706,194 NYSE
Chevron CVX $107.42 -0.71 0.66% 3,813,255 NYSE
CSCO $17.1 +0.16 0.94% 42,672,727 NASDAQ-GS
Coke KO $67.74 -0.14 0.21% 5,353,171 NYSE
DIS $41.93 -0.34 0.8% 5,155,385 NYSE
DuPont DD $55.12 -0.79 1.41% 4,766,187 NYSE
Exxon XOM $86.22 -0.14 0.16% 9,837,330 NYSE
GE $19.89 -0.06 0.3% 55,755,119 NYSE
Hewlett-Pac HPQ $40.53 -0.46 1.12% 13,921,275 NYSE
Home Dep HD $37.56 -0.24 0.63% 8,592,223 NYSE
Intel INTC $21.94 +0.48 2.24% 81,729,082 NASDAQ-GS
IBM $167.67 -0.61 0.36% 3,582,142 NYSE
JPMorgan JPM $44.61 -0.07 0.16% 17,355,238 NYSE
JNJ $64.11 +0.04 0.06% 7,227,357 NYSE
KFT $33.07 -0.31 0.93% 7,270,755 NYSE
MCD $77.13 +0.22 0.29% 3,829,521 NYSE
MRK $34.33 +0.29 0.85% 9,660,972 NYSE
MSFT $25.61 +0.09 0.35% 33,505,083 NASDAQ-GS
Pfizer PFE $20.14 +0.35 1.77% 45,308,971 NYSE
Procter & Gamble PG $63.37 +0.10 0.16% 7,360,871 NYSE
3M MMM $94.12 +0.20 0.21% 2,181,979 NYSE
Travelers TRV $61.78 +0.46 0.75% 3,348,795 NYSE
United Tech UTX $86.54 -0.56 0.64% 3,446,933 NYSE
Verizon VZ $36.99 +0.08 0.22% 10,289,419 DualListed
WMT $53.37 +0.21 0.39% 5,804,051 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,Investor's Business Daily, New York Times, USA Today, 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 Thursday's stock prices and related data.

Dow Jones Industrial Average: The U.S. Stock Market was closed Friday due to Good Friday. The Dow Jones Industrial Average closed Thursday at 12,505.59 up 52.45 or 0.42% from Wednesday's close of 12,453.54. For the year the Dow is up 8.05%. Of the 30 Dow components 19 gained, Merck was unchanged and 10 declined. The biggest gainer dollar-wise and percentage-wise was Travelers TRV $61.32 +2.19 3.7% 4,884,238 NYSE. The biggest decliner dollar-wise was McDonalds MCD $76.91 -1.49 1.9% 9,362,655 NYSE and percentage-wise was Pfizer PFE $19.79 -0.60 2.94% 138,950,035 NYSE.

Inv. Bus. Daily pA1 "Stocks up in slow trade; Nasdaq clears resistance" by Paul Whitfield says stocks tacked on moderate gains Thurs in reduced volume, capping a holiday shortened week. The action was up in lower volume as the market is in a confirmed uptrend.

Thursday's Dow Jones Industrial Average closing numerator was 1,652.36 up 6.88 from Wednesday's closing numerator of 1,645.48. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator increase for today by the divisor (0.132129493) you get the increase in today's Dow. A $1 change in the price of any DJIA stock = a 7.57 change in the average.

The average closing price (the closing numerator divided by 30) of Thursday's Dow Jones Industrial Average was $55.08 up 0.23 from Wednesnday's average closing price of $54.85. The median closing price of Thursday's Dow Jones Industrial Average was $45.89 (AXP/JPM) up 0.11 from Wednesday's median closing price of $45.78. The lowest volume was 3M MMM $93.92 +0.16 0.17% 2,899,809 NYSE and the highest volume was again Bank of America BAC $12.31 +0.04 0.33% 100,144,829 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 $688 ($165,236 - $164,548).

MarketWatch Thursday 4/21/1 4:19 pm by Laura Mandaro says U.S. stocks rode investor enthusiasm for corporate earnings into a third straight day Thursday, lifting weekly gains for the holiday-shortened trading span to as much as 2%. The Dow Jones Industrial Average ended up 52.45 points, or 0.4%, at 12,505.99, led by a 3.7% gain in Travelers Cos. after the insurer reported a surge in profits and hiked its dividend. The S&P 500 gained 7.02 points, or 0.5%, to 1,337.38, led by chemicals companies and tech stocks. F5 Networks Inc. and JDS Uniphase Corp. gained more than 5% each. The Nasdaq Composite rose 17.65 points, or 0.6%, to 2,820.16. For the week, the Dow and S&P 500 rose 1.3% and the Nasdaq gained 2%.

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

AT&T T $30.68 +0.55 1.83% 25,237,085 NYSE: Barron's p14 "Week review" says GE reported strong 1Q results helped by a big profit increase for GE Capita. AT&T 1Q profit jumped by 39% & Verizon Comm earned a 1Q profit of 51 cents a share vs 16 cents last year.

Barron's p49 "Spring loaded to grow" is an interview by Grace L. Williams with Capital Advisors Growth Fund manager, Channing Smith who likes AT&T, GE, Johnson & Johnson, Kraft, Procter & Gamble & Walmart.

Barron's "Tech trader" p33 by Tiernan Ray talks about video conferencing systems and Polycom which competes with Cisco, says Intel had good earnings and queries why nearly 50 years after AT&T promised the picturephone people don't use videophones.

Alcoa AA $16.97 +0.33 1.98% 23,716,706 NYSE: Inv. Bus Daily pA3 "Conservation can pay off" by Sonja Carberry says Alcoa became a minority investorin Electronic Recyclers International.

American Express AXP $47.11 +0.11 0.23% 11,802,638 NYSE: WSJ pB6 "Video comes to board meetings" by Joann S. Lublin says videoconferencing tech is becoming better especially with Cisco's TelePresence system so now many top firms are using videoconferencing for the Board meetings including American Express, Walmart and Intel. Hewlett-Packard also makes these systems.

Bank of America BAC $12.31 +0.04 0.33% 100,144,829 NYSE: Barron's Cover Story "Big Money Poll" says America's portfolio chiefs are bullish on stocks. Their picks include Cisco, Microsoft & Bank of America; their pans, Netflix. Last week upbeat earnings reports came from Intel, IBM & United Technologies.

Boeing BA $75.44 +0.37 0.49% 3,129,879 NYSE: WSJ pB1 "Boeing factory probed over jet" by Andy Pasztor, Peter Sanders says investigators suspect that a manufactuirng lapse at a Boeing factory 15 years ago is why the fuselage of a Southwest Airlines jet ruptured in midair. They think there was an assembly line lapse in making the 737-300.

Fin Times p22 "Corp diary" says 2 of Boeing's bet known jets will be in the spotlight when Boeing reports its 1Q results on Wed: the much delayed 787 and how Boeing will revamp the 737.

WSJ pB2 "Happening this week" says on Tues Microsoft TechDays Belgium starts in Antwerp & Coke & 3M reports earnings; on Wed FDA panel reviews Merck's boceprevior and Boeing reports earnings; on Thurs Exxon & Microsoft reports earnings and on Friday Caterpillar, Chevron & Merck report earnings.

Barron's "Week Preview" says on Tuesday 4/26 3M releases its 1Q earnings and it is expected to earn $1.44 a share compared with $1.40 a year earlier; issue will be impact of rising commodity costs. Coke on Tues releases its 1Q earnings and is expected to earn 87 cents a share vs 80 cents last year; issue would be higher aluminum costs. On Wed Boeing reports its 1Q earnings and the number of orders for the 787 due to begin service in 3Q. On Thurs 4/28 Procter & Gamble reports its 3Q earnings and is expected to earn 97 cents a share vs. 83 cents.

Caterpillar CAT $109.42 +1.14 1.05% 4,005,497 NYSE: WSJ pB2 "Happening this week" says on Tues Microsoft TechDays Belgium starts in Antwerp & Coke & 3M reports earnings; on Wed FDA panel reviews Merck's boceprevior and Boeing reports earnings; on Thurs Exxon & Microsoft reports earnings and on Friday Caterpillar, Chevron & Merck report earnings.

Chevron CVX $108.13 +0.32 0.3% 4,839,886 NYSE: WSJ pB3 "Oil profits likely to impress" by Isabel Ordonez says booming crude oil prices & improved refining profits re poised to increase Big Oil's 1Q earnings and set the stage for a year that could rival the industry's record year in '08. 1Q crude prices average $1000 a barrel, 20% higher than a year ago which should lift earnings by 50% at Exxon and 33$ at Chevron.

WSJ pB2 "Happening this week" says on Tues Microsoft TechDays Belgium starts in Antwerp & Coke & 3M reports earnings; on Wed FDA panel reviews Merck's boceprevior and Boeing reports earnings; on Thurs Exxon & Microsoft reports earnings and on Friday Caterpillar, Chevron & Merck report earnings.

Cisco CSCO $16.94 +0.01 0.06% 56,711,526 NASDAQ-GS: WSJ pB6 "Video comes to board meetings" by Joann S. Lublin says videoconferencing tech is becoming better especially with Cisco's TelePresence system so now many top firms are using videoconferencing for the Board meetings including American Express, Walmart and Intel. Hewlett-Packard also makes these systems.

Barron's Cover Story "Big Money Poll" says America's portfolio chiefs are bullish on stocks. Their picks include Cisco, Microsoft & Bank of America; their pans, Netflix. Last week upbeat earnings reports came from Intel, IBM & United Technologies.

Barron's p51 "Patent protection" by Thomas G. Donlan says the Supreme Court heard a case involving Microsoft last week and it revolved around the XML code. i4i is claiming Microsoft breaches its rights and is arguing the Patent Office's decision should be upheld once it issues a patent. Siding with Microsoft are Intel, Google, Cisco and Apple.

Barron's "Tech trader" by Tiernan Ray talks about video conferencing systems and Polycom which competes with Cisco, says Intel had good earnings and queries why nearly 50 years after AT&T promised the picturephone people don't use videophones.

Coke KO $67.88 +0.03 0.04% 5,378,851 NYSE: WSJ pB2 "Happening this week" says on Tues Microsoft TechDays Belgium starts in Antwerp & Coke & 3M reports earnings; on Wed FDA panel reviews Merck's boceprevior and Boeing reports earnings; on Thurs Exxon & Microsoft reports earnings and on Friday Caterpillar, Chevron & Merck report earnings.

Barron's "Week Preview" says on Tuesday 4/26 3 M releases its 1Q earnings and it is expected to earn $1.44 a share compared with $1.40 a year earlier; issue will be impact of rising commodity costs. Coke on Tues releases its 1Q earnings and is expected to earn 87 cents a share vs 80 cents last year; issue would be higher aluminum costs. On Wed Boeing reports its 1Q earnings and the number of orders for the 787 due to begin service in 3Q. On Thurs 4/28 Procter & Gamble reports its 3Q earnings and is expected to ern 97 cents a share vs. 83 cents.Sat NYT pA14 "A Passover toast to a rabbi known for social activism and for kosher Coca-Cola" by Samuel G. Freedman is an interesting article about Rabbi Tuvia Geffen whose most enduring contribution to the Jewish people was kosher for Passover Coca-Cola.

Disney DIS $42.27 +0.23 0.55% 4,787,967 NYSE: WSJ pB5 "Movie studios smell out teen spirits" by Michelle Kung says studios are focusing on young adult franchises and Disney are among the studios with young adult fantasy or science fiction properties in the wroks.

DuPont DD $55.91 +0.54 0.98% 5,923,320 NYSE: Fin Times p15 "Elliott turns screw over Daniswco" by Andrew Ward says a US hedge fund, ElliottAssociates which owns 4.9% of Danisco, is opposed to DuPont's $6 bil takeover of Danisco and says it doubts the deal will go through. DuPont has twice extended the offer since launcing its bid in Jan. Related Story at P16 "DuPont pins hopes on ethanol product" by Andrew Ward.

Exxon XOM $86.36 +0.71 0.83% 12,564,264 NYSE: WSJ pB3 "Oil profits likely to impress" by Isabel Ordonez says booming crude oil prices & improved refining profits re poised to increase Big Oil's 1Q earnings and set the stage for a year that could rival the industry's record year in '08. 1Q crude prices average $1000 a barrel, 20% higher than a year ago which should lift earnings by 50% at Exxon and 33$ at Chevron.

WSJ pB2 "Happening this week" says on Tues Microsoft TechDays Belgium starts in Antwerp & Coke & 3M reports earnings; on Wed FDA panel reviews Merck's boceprevior and Boeing reports earnings; on Thurs Exxon & Microsoft reports earnings and on Friday Caterpillar, Chevron & Merck report earnings.

Barron's pm8 "Debt downgrade likelier than not" by Tom Sullivan says 6 states now have better credit profiles than the US and 4 US triple A rated nonfin'l corps also have a better outlook: ADP, Exxon, Johnson & Johnson & Microsoft.

GE $19.95 -0.45 2.21% 121,117,588 NYSE: Barron's p14 "Week review" says GE reported strong 1Q results helped by a big profit increase for GE Capital. AT&T 1Q profit jumped by 39% & Verizon Comm earned a 1Q profit of 51 cents a share vs 16 cents last year.

Barron's pM3 "The trader" by Kopin Tan says GE and Intel are reporting surging profits and United Technologies told investors to expect even bette ernings this year.

Barron's p49 "Spring loaded to grow" is an interview by Grace L. Williams with Capital Advisors Growth Fund manager, Channing Smith who likes AT&T, GE, Johnson & Johnson, Kraft, Procter & Gamble & Walmart.

Hewlett-Packard HPQ $40.99 +0.10 0.24% 9,428,496 NYSE: WSJ pB6 "Video comes to board meetings" by Joann S. Lublin says videoconferencing tech is becoming better especially with Cisco's TelePresence system so now many top firms are using videoconferencing for the Board meetings including American Express, Walmart and Intel. Hewlett-Packard also makes these systems.

Home Depot HD $37.8 -0.14 0.37% 8,342,257 NYSE: No mentions found.

Intel INTC $21.46 +0.05 0.23% 77,351,706 NASDAQ-GS: WSJ pB6 "Video comes to board meetings" by Joann S. Lublin says videoconferencing tech is becoming better especially with Cisco's TelePresence system so now many top firms are using videoconferencing for the Board meetings including American Express, Walmart and Intel. Hewlett-Packard also makes these systems.

Barron's p51 "Patent protection" by Thomas G. Donlan says the Supreme Court heard a case involving Microsoft last week and it revolved around the XML code. i4i is claiming Microsoft breaches its rights and is arguing the Patent Office's decision should be upheld once it issues a patent. Siding with Microsoft are Intel, Google, Cisco and Apple.

Barron's pM3 "The trader" by Kopin Tan says GE and Intel are reporting surging profits and United Technologies told investors to expect even bette ernings this year.

Barron's Cover Story "Big Money Poll" says America's portfolio chiefs are bullish on stocks. Their picks include Cisco, Microsoft & Bank of America; their pans, Netflix. Last week upbeat earnings reports came from Intel, IBM & United Technologies.

Barron's "Tech trader" by Tiernan Ray talks about video conferencing systems and Polycom which competes with Cisco, says Intel had good earnings and queries why nearly 50 years after AT&T promised the picturephone people don't use videophones.

IBM $168.28 +3.53 2.14% 6,108,000 NYSE: Barron's Cover Story "Big Money Poll" says America's portfolio chiefs are bullish on stocks. Their picks include Cisco, Microsoft & Bank of America; their pans, Netflix. Last week upbeat earnings reports came from Intel, IBM & United Technologies.

JPMorgan JPM$44.68 +0.12 0.27% 24,192,999 NYSE: No mentions found.

Johnson & Johnson JNJ $64.07 -0.32 0.5% 11,573,694 NYSE: Barron's p16 "Deal could cure some J&J ills" by Lawrence Strauss says shares of JNJ are down 0.4% since Barron's wrote favorably about it last May 3, while S&P has risen 13% as it has been embarrassed by costly recalls for Tylenol and Motrin. The stock trades at a reasonable 13 times this year's estimated $4.84 a share and a dividend yield around 3.4%.

Barron's p49 "Spring loaded to grow" is an interview by Grace L. Williams with Capital Advisors Growth Fund manager, Channing Smith who likes AT&T, GE, Johnson & Johnson, Kraft, Procter & Gamble & Walmart.

Barron's pm8 "Debt downgrade likelier than not" by Tom Sullivan says 6 states now have better credit profiles than the US and 4 US triple A rated nonfin'l corps also have a better outlook: ADP, Exxon, Johnson & Johnson & Microsoft.

Kraft KFT $33.38 -0.18 0.54% 6,997,414 NYSE: Barron's p49 "Spring loaded to grow" is an interview by Grace L. Williams with Capital Advisors Growth Fund manager, Channing Smith who likes AT&T, GE, Johnson & Johnson, Kraft, Procter & Gamble & Walmart.

McDonalds MCD $76.91 -1.49 1.9% 9,362,655 NYSE: No mentions found.

Merck MRK $34.04 unch unch 15,699,301 NYSE: WSJ pB2 "Happening this week" says on Tues Microsoft TechDays Belgium starts in Antwerp & Coke & 3M reports earnings; on Wed FDA panel reviews Merck's boceprevior and Boeing reports earnings; on Thurs Exxon & Microsoft reports earnings and on Friday Caterpillar, Chevron & Merck report earnings.

Microsoft MSFT $25.52 -0.24 0.93% 46,862,251 NASDAQ-GS: WSJ pB2 "Happening this week" says on Tues Microsoft TechDays Belgium starts in Antwerp & Coke & 3M reports earnings; on Wed FDA panel reviews Merck's boceprevior and Boeing reports earnings; on Thurs Exxon & Microsoft reports earnings and on Friday Caterpillar, Chevron & Merck report earnings.

Barron's p51 "Patent protection" by Thomas G. Donlan says the Supreme Court heard a case involving Microsoft last week and it revolved around the XML code. i4i is claiming Microsoft breaches its rights and is arguing the Patent Office's decision should be upheld once it issues a patent. Siding with Microsoft are Intel, Google, Cisco and Apple.

Barron's pm8 "Debt downgrade likelier than not" by Tom Sullivan says 6 states now have better credit profiles than the US and 4 US triple A rated nonfin'l corps also have a better outlook: ADP, Exxon, Johnson & Johnson & Microsoft.

Barron's Cover Story "Big Money Poll" says America's portfolio chiefs are bullish on stocks. Their picks include Cisco, Microsoft & Bank of America; their pans, Netflix. Last week upbeat earnings reports came from Intel, IBM & United Technologies.

Pfizer PFE $19.79 -0.60 2.94% 138,950,035 NYSE: No mentions found.

Procter & Gamble PG $63.27 -0.45 0.71% 10,474,881 NYSE: WSJ pB7 "In store sales begin at home" by Ellen Byron says to drum up hpye for product launch online, Procter & Gamble shipped packs of mascara, eyeliner and eyes shadow to bloggers before they were available in stores. CoverGirl co-branded print ads with Walmart and displays in shelves to create attention to online offerings.

Barron's "Week Preview" says on Tuesday 4/26 3 M releases its 1Q earnings and it is expected to earn $1.44 a share compared with $1.40 a year earlier; issue will be impact of rising commodity costs. Coke on Tues releases its 1Q earnings and is expected to earn 87 cents a share vs 80 cents last year; issue would be higher aluminum costs. On Wed Boeing reports its 1Q earnings and the number of orders for the 787 due to begin service in 3Q. On Thurs 4/28 Procter & Gamble reports its 3Q earnings and is expected to ern 97 cents a share vs. 83 cents.

Barron's p49 "Spring loaded to grow" is an interview by Grace L. Williams with Capital Advisors Growth Fund manager, Channing Smith who likes AT&T, GE, Johnson & Johnson, Kraft, Procter & Gamble & Walmart.

3M MMM $93.92 +0.16 0.17% 2,899,809 NYSE: WSJ pB2 "Happening this week" says on Tues Microsoft TechDays Belgium starts in Antwerp & Coke & 3M reports earnings; on Wed FDA panel reviews Merck's boceprevior and Boeing reports earnings; on Thurs Exxon & Microsoft reports earnings and on Friday Caterpillar, Chevron & Merck report earnings.

Barron's "Week Preview" says on Tuesday 4/26 3 M releases its 1Q earnings and it is expected to earn $1.44 a share compared with $1.40 a year earlier; issue will be impact of rising commodity costs. Coke on Tues releases its 1Q earnings and is expected to earn 87 cents a share vs 80 cents last year; issue would be higher aluminum costs. On Wed Boeing reports its 1Q earnings and the number of orders for the 787 due to begin service in 3Q. On Thurs 4/28 Procter & Gamble reports its 3Q earnings and is expected to ern 97 cents a share vs. 83 cents.

Travelers TRV $61.32 +2.19 3.7% 4,884,238 NYSE: No mentions found.

United Technologies UTX $87.1 +1.20 1.4% 5,710,426 NYSE: Barron's pM3 "The trader" by Kopin Tan says GE and Intel are reporting surging profits and United Technologies told investors to expect even better earnings this year.

Barron's Cover Story "Big Money Poll" says America's portfolio chiefs are bullish on stocks. Their picks include Cisco, Microsoft & Bank of America; their pans, Netflix. Last week upbeat earnings reports came from Intel, IBM & United Technologies.

Verizon VZ $36.91 -0.88 2.33% 29,858,795 Dual Listed: Barron's p14 "Weed review" says GE reported strong 1Q results helped by a big profit increase for GE Capita. AT&T 1Q profit jumped by 39% & Verizon Comm earned a 1Q profit of 51 cents a share vs 16 cents last year.

Walmart WMT $53.58 -0.11 0.2% 5,778,992 NYSE: Fin Times p18 "Walmart plans web grocery expansion" by Barney Jopson, WSJ pB9 "Walmart tests home delivery" by Miguel Bustillo, NYT pB3 "Walmart tests service for buying food online" by Stephanie Clifford say Walmart is trying to compete with Amazon.com and other online retailers by testing out home delivery of grocers, starting in San Jose, CA.

WSJ pB6 "Video comes to board meetings" by Joann S. Lublin says videoconferencing tech is becoming better especially with Cisco's TelePresence system so now many top firms are using videoconferencing for the Board meetings including American Express, Walmart and Intel. Hewlett-Packard also makes these systems.

WSJ pB7 "In store sales begin at home" by Ellen Byron says to drum up hpye for product launch online, Procter & Gamble shipped packs of mascara, eyeliner and eyes shadow to bloggers before they were available in stores. CoverGirl co-branded print ads with Walmart and displays in shelves to create attention to online offerings.

Barron's p49 "Spring loaded to grow" is an interview by Grace L. Williams with Capital Advisors Growth Fund manager, Channing Smith who likes AT&T, GE, Johnson & Johnson, Kraft, Procter & Gamble & Walmart.

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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 4/24/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $428 [5]
2. Procter & Gamble PG 253.5 [4]
3. Chevron CVX 217.5 [2]
4. Microsoft MSFT 214.5 [8.5]
5. GE 212 [10.5]
6. IBM 205 [1]
7. WalMart WMT 187 [3.5]
8. AT&T T 181.5 [6]
9. JPMorgan Chase JPM 178 [4]
10. Johnson & Johnson JNJ 175.5 [3]
11. Pfizer PFE 158 [8]
12. Coke KO 156 [2.5]
13. Bank of America BAC 125 [10]
14. Intel INTC 118 [5.5]
15. Merck MRK 105 [3]
16. Verizon VZ 104 [3]
17. Cisco CSCO 93.5 [5.5]
18. Hewlett-Packard HPQ 88.5 [2]
19. Disney DIS 80 [2]
20. McDonald's MCD 80 [1]
21. United Technologies UTX 80 [1]
22. Caterpillar CAT 70 [.5]
23. 3M MMM 67 [.5]
24. Home Depot HD 61.5 [1.5]
25. Kraft KFT 58.5 [2]
26. American Express AXP 56.5 [1]
27. Boeing BA 55.5 [1]
28. DuPont DD 52 [1]
29. Travelers TRV 26 [.5]
30. Alcoa AA 18 [1]

Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 4/24/11:

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

AT&T T: 4/20/11 2 8Ks re: first quarter results
4/13/11 Prospectus & 4/1/aa S-4 re: offer to exchange $3.5 bil of 5.35% Global Notes due '40
3/31/11 & 3/21/11 2 8Ks re: purchase of T-Mobile USA, Inc. from Deutsche Telekom for $20 bil
3/29/11 8KA re: replacement of Richard Lindner as CFO with John J. Stephens
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: 4/21/11 10Q & 4/12/11 8K re: first quarter results ending 3/31/11
4/14/11 8K transcript re: 1Q earnings conference call
4/13/11 8K & Prospectus re: issuance of $1.2 bil of 5.4% Notes due '21 & tnender offer for 5.3% Notes due '13
3/7/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/6/11 in Pittsburg, PA

American Express AXP: 4/20/11 8K re: 1Q results ending 3/31/11
4/18/11 8K re: delinquency & write-off statistics for 1Q ended 3/31/11
3/28/11 8K re new digital payments platform "Serve"
3/24/11 & 3/23 & 3/22 Proxy materials re: 2011 Annual Meeting of Shareholders at 5/2/11 at AXP Headquarters in NYC
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

Bank of Am BAC: 4/15/11 8K re: shuffling of execs, C. Noski, E. O'Keefe & B. Thompson
4/15/11 re results of 1Q ending 3/31/11
3/3011 Proxy re: Annual Meeting of Stockholders on 5/11/11 at BAC Headquarters in Charlotte, N.C.
3/23/11 8K re: submission to Fed Res. Baord of comprehensive capital plan
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

Boeing BA: 3/21/11 Annual Report to Sahreholders
3/18/11 Proxy Statement re: Annual Meeting of Shareholders to be held 5/2/11 in Chicago

Caterpiller CAT: 4/15/11 Proxy re: Annual Meeting of Stockholders on 6/8/11 at Little Rock, Ark.
3/8/11 8K re: price changes of products
3/18/11 8K re: Reg FD disclosures re: 3 months dealer statistics

Chevron CVX: 4/14/11 4 Proxy filings re: Annual Meeting of Stockholders on 5/25/11at Chevron headquarters in San Ramon, CA.
4/11/11 8K re: first quarter interim update
4/4/11 8K re: increase of exec comp.

Cisco CSCO 3/28/11 8K re: pre-arranged stock trading plan for certain execs
3/22/11 8K-A re: election of Gary B. Moore as COO
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

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 3/25/11 8K re: adoption of exec stock option plan
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

DuPont DD: 4/21/11 8K re results for quarter ended 3/31/11
4/13/11 Proxy re annual meeting of stockholders on 4/27/11in Wilmington, DE
3/31/11 S-3 shelf registration for debt securities and common stock
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

ExxonMobil XOM: 4/14/11 Annual Report to Shareholders
4/13/11 2 Proxy filings re: annual meeting of shareholders on 5/25/11 in Dallas, TX
3/31/11 8K re: result of operations for 2010
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

GE: 4/21/11 8K re: first quarter results
4/18/11 proxy re: answers to shareholder's question re: CEO's stock options
4/15/11 Annual Report to Shareholders
4/711 & 3/30/11 Proxy materials re: proposal on exec comp proposal at annual meeting of shareholders on 4/27/11
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

Hewlett-Packard HPQ: 3/28/11 8K re amendment of by-laws to decrease number of directors from 17 to 13
3/22/11 8K re: info re: status of Hewlett-Packard employees as a result of Japanese earthquake
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

Home Depot HD: 4/18/11 Annual Report to Shareholders
4/15/11 proxy re: annual meeting of shareholders on 6/2/11 in Atlanta
3/31/11 8K re: underwriting agreement re: $3 bil of Senior Notes due 2021 & 2041
3/2/11 8K re: approval of Stock Option Plan

Intel INTC: 4/20/11 & 4/19/11 8Ks re: financial info & CFO commentary re: results for quarter ended 4/2/11
4/13/11 8K re: fin'l info re: recently closed acquisition of Infineon Wireless & McAfee
4/7/11, 4/5/11 & 4/4/11 Proxy materials re: annual meeting of shareholders on 5/19/11 at Intel's headquarters in Santa Clara, CA
3/21/11 8K re: fin'l info re: its McAfeesubsidiary
2/28/11 8K re: completion of acquisition of McAfee
2/28/11 10K re: Fiscal year ended 12/25/10

IBM: 4/20/11 & 4/19/11 8Ks re: CFO comments re: 1Qtr fin'l results ended 3/31/11
3/25/11 Proxy re: voting at annual meeting of stockholders on 4/26
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.

JPMorganChase JPM: 4/20/11 Proxy brochure entitled "Overview"
4/14/11 8K re: entering into consent orders with Fed. Reserve re: residential mortgage servicing activities
4/13/11 2 8Ks re: first quarter results
4/7/11 3 proxy filings re: annual meeting of shareholders on 5/17/11 in Columbus, Ohio
3/24/11 8K re: offering of $500 mil Floating Rate Notes due 2016
3/24/11 & 3/23/11 8Ks re: offering of Global Medium Term Notes

Johnson & Johnson JNJ : 4/19/11 Proxy re: annual meeting of shareholders on 4/28 in New Brunswick, NJ
4/19/11 8K re: first quarter results
4/15/11 8K re: settlement between Merck & JNJ re: dispute re: distribution of Remicade & Simponi
4/8/11 8K re: payment of $70,0006,316 fine for violating Foreign Corrupt Practices Act
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 Pennsylvania

Kraft KFT: 4/8/11 8K & 3/14/11 8K re: departure of CFO Timothy R. McLevish to be replaced by David A. Brearton
4/5/11 8K re: entering into revolving credit agreement for $4.5 bil
3/31/11 8K & Proxy re: nomination of Dr. Peter Henry for Board of Dir at 5/24/11 annual meeting of shareholders in Skokie, Ill

McDonald's MCD: 4/21/11 8K re: first quarter results
4/15/11 Proxy re: taking points
4/13/11 Annual Report to Shareholders
4/18/11 3 Proxy filings re: annual meeting of shareholders on 5/19/11 at McDonald's Headquarters in Oak Brook, Ill & proposal to amend cert. of incorp.
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.

Merck MRK: 4/15/11 8K re: settlement between Merck & JNJ re: dispute re: distribution of Remicade & Simponi
4/14/11 Annual Report to Shareholders
4/13/11 2 Proxy filings re: annual meeting of shareholders on 5/24/11 at North Branch, NJ
4/5/11 Schedule to tender offer to shareholders of Inspire Pharmaceuticals
3/24/11 8K re: termination of agreement between Merck & Sanofi-Aventis re: Sanofi's right to buy Merck's Merial animal health subsidiary

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: 4/14/11 & 4/11/11 Proxy & 3/22/11 2 Proxy filings re: 4/28/11 annual meeting of shareholders in Dallas, TX
4/4/11 8K re: selling Capsugel subsidiary to KKR
3/24/11 Annual report to shareholders
2/28/11 10K re: fiscal year ended 12/31/10

Procter & Gamble PG: 4/11/11 8K re: declaration of 9% quarterly dividend increase
4/5/11 8K re: sale of Pringles to Diamond
3/24/11 8K re: P&G & Teva Pharmaceutical Industries partnership for OTC medicines
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: 4/7/11 8K re: results of first quarter 2011
4/6/11 8K re: executive changes re: chief accounting officer
3/29/11 Proxy material to correct errors re: prior filing re: stock ownership of directors & officers
3/24/11 annual report to shareholders
3/23/11 2 proxy filings re: 5/10/11 annual meeting of stockholders in St. Paul, Minnesota
3/15/11 8K re: retirement of CFO Patrick D. Cambell to be replaced by David W. Meline

Travelers TRV:4/21/11 10Q & 8K for quarter ended 3/31/11
4/12/11 anual report to shareholders
4/12/11 2 proxy filings re: annual meeting of shareholders on 5/26/11 at Hartford, CT

United Technologies UTX: 4/20/11 8K re: first quarter results
4/19/11 8K re proposal to amend long term incentive plan
2/25/11 Proxy re: Annual Meeting of Shareholders on 4/13/11 in Phoenix, AZ

Verizon Communications Inc. VZ: 4/21/11 8K re: first quarter results
4/11/11 8K re: Verizon completion of Terremark acquisition
4/8/11 Schedule to tender offer re: Terremark acquisition
4/4/11 Proxy re; compensation proposal
3/25/11 Prospectus re: $6.25 bil notes
3/21/11 Proxy re: 5/5/11 annual meeting of shareholders in Indianapolis, Indiana
3/7/11 8K re: election of Lowell C. McAdam to Board of Director (he is Pres/COO)

WalMart WMT: 4/19/11 annual report to shareholders
4/18/11 2 Proxy filings re: annual meeting o shareholders on 6/3/11 at U. of Ark in Fayetteville, Ark.
4/15/11 8K & 4/13/11 Prospectus re: issuance of $5 bil of notes
3/30/11 10K for fiscal year ended 1/31/11