Post #80 The following is brought to you by Intellivest Securities Research, Inc. The following is not intended as advertising by a broker-dealer and is not a research report. Towards the end of the Blog you will find an update of the Dow Jones 30 company recent filings with the SEC which includes the news that DuPont has elected a new CEO effective, Nicholas C. Fanandakis who replaces Ellen Kullman effective 9/1/09, leaving only Kraft among the Dow 30 with a female CEO, Irene Rosenfeld.
The Dow Jones Industrial Average closed Friday at 9544.2 down 36.43 or 0.38% from Thursday's close of 9580.63. Of the 30 Dow Companies: 10 gained and 20 declined with the biggest loser being IBM $118.22 -1.21 1.01% 6,209,889 NYSE and the biggest gainer being INTEL INTC $20.25 +0.78 4.01% 104,941,771 NASDAQ-GS.
A read of Saturday's 8/28/09 print editions of: Wall Street Journal, New York Times, Atl Journal Const, and 9/7/09 issue of BusinessWeek 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 closing price and related data:
Dow: WSJ pB1 "Dow Drops But Is Up Six Weeks Out of Seven" says stocks languished on Fri after gains earlier int he week, as a decline in thehealth care sector offset upbeat remarks from 2 tech gians - Intel and Dell after both companies issued optimistic sales forecasts.
WSJ pB3 "Large Stock Focus - Tiffany Rallies 11%; Dell, Intel Advance" says Despite jewelry retailer Tiffany boosting its full year earnings view and technology giants Dell and Intel making other upbeat comments, stocks were mostly lower Fri as economic data raised concerns about the state of the economy. Among the DJIA's worst performers were Merck, which dropped 0.55 or 1.7% and Boeing which fell 0.78 or 1.5%.
NYT pB7 "Stocks & Bonds - Markets Ae Mixed in Tepid Trading" says shares were mixed on Fri. after a weak consumer sentiment report offset positive news from bellwether tech companies like Intel and Dell.
The current divisor for the Dow found at today's page B4 (during the weeks it's at pC4) of The Wall St. Jrnl is .132319125 unchanged.
Friday's Dow Jones Industrial Average closing numerator was 1262.88 down 4.82 from Thursday's closing Dow numerator of 1267.70. 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 of 4.82 by the divisor you get 36.43, the decrease in Frisday's Dow close.
The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was 42.10 down 0.16 from Thursday's Dow Jones Industrial Average closing price of 42.26. The median closing price of Friday's Dow Jones Industrial Average was 38.58 down 0.13 from Thursday's Dow Jones median closing price of 38.71.
The highest closing price Friday again was IBM $118.22 -1.21 1.01% 6,209,889 NYSE and the lowest closing price Frisday again was Alcoa AA $12.5 +0.10 0.81% 20,312,044 NYSE.
The lowest volume Friday was MMM $71.92 +0.29 0.4% 3,488,085 NYSE and the highest volume again was BAC $17.98 +0.06 0.33% 187,222,689 NYSE.
If Friday morning before the market opened you had purchased $100 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 $480
($126,780 - $126,300)
AT&T T $26.21 -0.21 0.79% 21,997,644 NYSE: WSJ pB1 "Court Lifts FCC Limits On Cable Companies" says a fed appeals corut tossed otu a FCC rule limiting cable companies to serving no more than 30% of US cable subscribers, citin increased competition in the pay tv market. The ct heavily criticized the FCC's efforts to justify the 30% limit, which the court had previously rejected in '01. This decision may have limited practical impact on the cable market but could make it harder nextyear for the FCC to justify new media ownership limits as it carries out a congressinally mandated review. After striking down the 30% cap in '01, the court told the FCC to examine it which the FCC did for 6 years until it adopted it again in '07 saying consumers would be harmed by allowing large cable oeprators to furtehr expand. Cable companies challenged the cap saying there is plenty of competition in the market from satellite TV and video services offered by companies such as AT&T and Verizon Communications Inc.
WSJ pA12 Letters to the editor has a letter from AT&T Mobility CEO Ralph De La Vega saying T played no role in Apple's decison about Google Voice, T is not stifling innovation , and US wireless customers pay the lowest rates in the idnsutrialzed world, and finally that T's collaboration with Apple rather than an improper arrangement between a carreir and an handsetmarker actually fosters competition all this in response to Andy Kessler's op ed pice 8/19 "why AT&T Killed Google Voice." randolph J.May, Pres of The Free State Foundation also has aletter defending teh service providers such as AT&T, Verizon and Compcast who he says have invested over $200 bill in building out wirelin and wireless broadband networks. Gregory Zulli has a letter sarcastically asks if Kessler wants Google to give free Web adertising to small business who don't want to pay, and finally Jeff Deneen says it is time for the FCC to keep the market open to encourage innovation and serve the public interst because he says all the traffic is data over an Internet protocol network, or it soon will be, and we need a fair price for the bandwidth and content. Voice services have subsidized the data services for most of the traditional carriers' entworks and recently the cable companies have been using TV to support data services.
BW p8 in a story about Amzon's ereader will a an Xmas rival from Sony's Reader Daily Edition to be sold for $399 ($100 more than the cheapest Kindle) and will connect to a wireless bookstore via AT&T's 3G network and let readers tap the 7 inch screen with a stylus or their finger to turn pages and take notes.
AA $12.5 +0.10 0.81% 20,312,044 NYSE: No mentions found.
Amex AXP $34.24 +0.28 0.82% 10,696,189 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companies: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.
Bank of America BAC $17.98 +0.06 0.33% 187,222,689 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.
Boeing BA $51.04 -0.78 1.51% 11,450,057 NYSE: WSJ pB3 "Large Stock Focus - Tiffany Rallies 11%; Dell, Intel Advance" says Despite jewelry retailer Tiffany boosting its full year earnings view and technology giants Dell and Intel making other upbeat comments, stocks were mostly lower Fri as economic data raised concerns about the state of the economy. Among the DJIA's worst performers were Merck, which dropped 0.55 or 1.7% and Boeing which fell 0.78 or 1.5%.
CAT $46.71 -0.37 0.79% 7,562,470 NYSE: No mentions found.
Chevron CVX $70.68 -0.32 0.45% 7,279,791 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.
Cisco CSCO $22 +0.12 0.55% 35,876,840 NASDAQ-G: BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.
KO $49.06 -0.38 0.77% 6,826,159 NYSE: No mentions found.
duPont DD $32.56 +0.23 0.71% 6,471,222 NYSE: BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.
DIS $26.84 -0.17 0.63% 9,229,411 NYSE: No mentions found.
ExxonMobil XOM $70.12 -0.74 1.04% 17,654,968 NYSE: AJC pA20 says a pair of elected officials in Tex are going after XOM for allegedly stuffing abandoned oil wells with piles of junk sludge and tools so other copanies could not drill in the same placed.
BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.
BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.
GE $14.08 -0.11 0.78% 73,570,478 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.
BW p46 profiles a behind the scenes power player, Lewis Kaden, and says E's then CEO Welch in '98 hired Kaden for his public policy experience.
Hewlett-Packard HPQ $44.76 -0.05 0.11% 19,534,247 NYSE: BW p22 in an article about CEO pay says Mark Hurd, CEO of HPQ made $42.5 million in '08 and noted that he laid off 6,000 workers in May and cut salaries by 5% to 15% of those not fired but sais HPQ's stock was up 22% this year vs about 14% for the S&P 500.
BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.
BW p41 "Big Blue's Global Lab" by Steve Hamm says in an historic break, IBM is making radical collaboration with outside partners an essential part of its reserch strategy. The article says other companies are experimenting with collaborative research such as Hewlett-Packard through its Inovation research Program and Procter & Gamble and Microsoft.
Home Depot HD $27.69 +0.14 0.51% 12,806,127 NYSE: BW p32 "Cash For Kitchen Clunkes" says the appliance stimulus programs isn't doing much. Reailers such as Home Depot and Lowe's have offered deep discounts on big ticket appliances lately, but with little impact. Shipments of washers, dryers, refrigerators, and ovens dropped 10% in '08 and are down 15% through July according to the Assoc. of Home Appliance Manufacturers.
Intel INTC $20.25 +0.78 4.01% 104,941,771 NASDAQ-GS: NYT pB4 "Intel, Upgrading Forecast, says Chip Demand Is Rising" says INTC raised its 3Q rev forecast above Wall Street's expecations citing strong demand for its chips and giving another signal that business is improving. INTC expects sales of $8.8 bil to $9.2 bil, up from $8.1 bil to $8.9 bil it forecast on July 4.
WSJ pA1 "Consumers Give Lift to Technology Sales" saying consumers are helping pull the tech sector out of one of the worst ever slumps, but says optimism is building that businesses may start spending and cites INTC boosting its 3Q rev forecast by 6%.
WSJ pB3 "Large Stock Focus - Tiffany Rallies 11%; Dell, Intel Advance" says Despite jewelry retailer Tiffany boosting its full year earnings view and technology giants Dell and Intel making other upbeat comments, stocks were mostly lower Fri as economic data raised concerns about the state of the economy. Among the DJIA's worst performers were Merck, which dropped 0.55 or 1.7% and Boeing which fell 0.78 or 1.5%.
WSJ pB1 "Dow Drops But Is Up Six Weeks Out of Seven" says stocks languished on Fri after gains earlier int he week, as a decline in thehealth care sector offset upbeat remarks from 2 tech gians - Intel and Dell after both companies issued optimistic sales forecasts.
NYT pB7 "Stocks & Bonds - Markets Ae Mixed in Tepid Trading" says shares were mixed on Fri. after a weak consumer sentiment report offset positive news from bellwether tech companies like Intel and Dell.
IBM $118.22 -1.21 1.01% 6,209,889 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.
BW p35 "A Radical Rethink of R&D" says that while the US still tops most global rankings for research and productivity, aggressive countries fom Asiaand Europeare closingthe gap. IBM has launched a major initiative to capitalize on the trend twoards the future of reseach transcending national boundaries and corporate walls. IBM is forming tieups with govs., univesities and copanies globally to harness new ideas and avenues of research.
BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.
BW p41 "Big Blue's Global Lab" by Steve Hamm says in an historic break, IBM is making radical collaboration with outside partners an essential part of its reserch strategy. The article says other companies are experimenting with collaborative research such as Hewlett-Packard through its Inovation research Program and Procter & Gamble and Microsoft.
JPMorgan JPM $42.92 -0.53 1.22% 27,092,089 NYSE: BW p26 in an article that asks whetehr banks are playing it too safe and they should leverage more and their capital cushions are a drag on profits names 8 banks with the thickest cushions or highest amount of capital including Amex with 9.60% of their assets being capital and JPMorgan Chase having 7.70% of their assets tied up in capital.
Johnson & Johnson JNJ $60.29 -0.20 0.33% 10,869,444 NYSE: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.
BW p67 "On the Mend at J&J" says sales and earnings gains have been limping lately at JNJ but the stock is up from 46 in Marchto over 60, saying JNJU deserves a higher valuation based on its stable earnings growth and below average debt.
KFT $28.34 -0.08 0.28% 5,953,786 NYSE: No mentions found.
MCD $56.07 -1.09 1.91% 8,662,629 NYSE: No mentions found.
Merck MRK $32.32 -0.55 1.67% 12,049,972 NYSE: WSJ pB3 "Large Stock Focus - Tiffany Rallies 11%; Dell, Intel Advance" says Despite jewelry retailer Tiffany boosting its full year earnings view and technology giants Dell and Intel making other upbeat comments, stocks were mostly lower Fri as economic data raised concerns about the state of the economy. Among the DJIA's worst performers were Merck, which dropped 0.55 or 1.7% and Boeing which fell 0.78 or 1.5%.
BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.
BW p59 "Is Merck Overselling A Cancer Vaccine?" says on 9/9 the FDA advisory committee will consider whether MRK's Gardasil, given to girls to prevent cancer causing HPV shold be approved for use in boys, who can by HPV carriers. HPV is a main cause of cervical cancer. Sales of Gardasil were $1.4 bi last year but critics says that Merck has been overselling the vaccine's cancer beating power without having a full understanding of potential long term risk.
Microsoft MSFT $24.68 -0.01 0.04% 55,640,970 NASDAQ-GS: BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.
BW p37 "How Science Can Create Millions of New Jobs" says reigniting basic research can repair the broken US business model and put Americans back to work. It says the US infrastructure for scientific innovations has historically consisted of a loose public private partnership made up of Bell Labs, RCA Labs, Xerox, PARK, IBM, NASA, Defense Advanced Research Projects Agency among others. Aricle asks who could predict in '75 how the PC would evolve and engender networking giants such as CSCO. The article, written by Adrian Slywotzky, a partner at Oliver Wyman, consultants, says top researchers will come from IBM, Hewlett-Packard, Cisco,Google, ExxonMobil, duPont and Miscrosoft.
BW p41 "Big Blue's Global Lab" by Steve Hamm says in an historic break, IBM is making radical collaboration with outside partners an essential part of its reserch strategy. The article says other companies are experimenting with collaborative research such as Hewlett-Packard through its Inovation research Program and Procter & Gamble and Microsoft. A sidebar article by Helen Waltes at p44 "Microsoft Reserch Keeps Draming Big" says thinkers at MSFT are free to let their minds wander and profiles Rick Rashid, head of MSFT's research arm who oversees 850 of the "brainiest people" in the tech industry.
BW p69 "Mac Relief for Microsfot UUsers" says Appl's snow Leopard has built in support for Microsoft Exchange and will make it easier for people in a MSFT work environment to eiteh use a Mac ont he job or to get their mail, contacts and calendar from a Mac at home.
PFE $16.81 -0.05 0.3% 33,384,351 NYSE: No mentions found.
Procter & Gamble PG $53.19 +0.13 0.25% 8,948,196 NYSE: AJC pA20 "P&G [ex] chief's pay falls as recession impacts sales" says former CEO's AG Lafley's pay fell 8% in his final year as CEO per an 8-K filed with the SEC showing Lafley got $23.5 mil for fiscal year ended 6/30.
BW p6 "P&G Unloads Drugs" reports that PG is selling its prescription drug biz for $3.1 bil to Warner Chilcott.
BW p41 "Big Blue's Global Lab" by Steve Hamm says in an historic break, IBM is making radical collaboration with outside partners an essential part of its reserch strategy. The article says other companies are experimenting with collaborative research such as Hewlett-Packard through its Inovation research Program and Procter & Gamble and Microsoft.
BW p71 in an article about media centrics by Jon Fine says the $2.8 bil spent on the Presidential election in '08 was still less than what Procter & Gamble alone spend on ads.
MMM $71.92 +0.29 0.4% 3,488,085 NYSE: No mentions found.
TRV $49.61 +0.41 0.83% 3,810,917 NYSE: No mentions found.
UTX $59.64 -0.37 0.62% 3,835,157 NYSE: No mentions found.
Verizon VZ $31.02 -0.03 0.1% 13,760,684 NYSE: WSJ pB1 "Court Lifts FCC Limits On Cable Companies" says a fed appeals corut tossed otu a FCC rule limiting cable companies to serving no more than 30% of US cable subscribers, citin increased competition in the pay tv market. The ct heavily criticized the FCC's efforts to justify the 30% limit, which the court had previously rejected in '01. This decision may have limited practical impact on the cable market but could make it harder nextyear for the FCC to justify new media ownership limits as it carries out a congressinally mandated review. After striking down the 30% cap in '01, the court told the FCC to examine it which the FCC did for 6 years until it adopted it again in '07 saying consumers would be harmed by allowing large cable oeprators to furtehr expand. Cable companies challenged the cap saying there is plenty of competition in the market from satellite TV and video services offered by companies such as AT&T and Verizon Communications Inc.
WSJ pA12 Letters to the editor has a letter from AT&T Mobility CEO Ralph De La Vega saying T played no role in Apple's decison about Google Voice, T is not stifling innovation , and US wireless customers pay the lowest rates in the idnsutrialzed world, and finally that T's collaboration with Apple rather than an improper arrangement between a carreir and an handsetmarker actually fosters competition all this in response to Andy Kessler's op ed pice 8/19 "why AT&T Killed Google Voice." randolph J.May, Pres of The Free State Foundation also has aletter defending teh service providers such as AT&T, Verizon and Compcast who he says have invested over $200 bill in building out wirelin and wireless broadband networks. Gregory Zulli has a letter sarcastically asks if Kessler wants Google to give free Web adertising to small business who don't want to pay, and finally Jeff Deneen says it is time for the FCC to keep the market open to encourage innovation and serve the public interst because he says all the traffic is data over an Internet protocol network, or it soon will be, and we need a fair price for the bandwidth and content. Voice services have subsidized the data services for most of the traditional carriers' entworks and recently the cable companies have been using TV to support data services.
WalMart WMT $51.13 -0.11 0.21% 14,768,415 NYSE: WSJ pB5 has an article about French retailer Carrefour posting a first half loss saying Carrefour is the world's second largest retailer by sales after WalMart.
BW p16 "Numbers Profits Perk Up at Large US Companie: ranks the '09 earnings for "many of America's most profitable companies saying they remain below year earlier levels. The narrative doesn't say so but they are all Dow Jones component companies and actually IBM and Johnson & Johnson are doing better thabn '08 and WMT almost is. Here are the companies they list in order of net income: ExxonMobil, WalMart, MSFT, IBM, JNJ, GE, AT&, Chevron, BofAm, and Merck.
AJC p20 says landproosed for a WMT site in Dacula, Ga was foreclosed on.
Here are the latest SEC filings as of 8/24/09 other than ownership filings and, except for certain cases, I do not include third party shareholder proposals:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
T AT&T 8/17/09 8K annoucning a settlement with he Int'l Communications Works (IBEW) for a 3 year contract covering 8.900 employees in Illinois and Indiana subject to members' approval.
AA Alcoa 7/13/09 8K 2nd Quarter Earnings Results
AXP 8/17/09 8K furnishing owned and managed basis delinquency and write-off statistics for the lending portfolio of its U.S. Card Services (“USCS”) operating segment for the months ended May 31, June 30 and July 31, 2009.
BAC Bank of Am in addition to two 424 Prospectuses and a free writing prospectus regarding issuance of notes, on 8/21/09 8K BAC appointed Robert W. Scully to its board of directors and he is expected to serve on the Asset Quality and Compensation and Benefits Committees of the Board.
BA Boeing 7/28/09 8K On July 28, 2009, BA issued $750,000,000 in aggregate principal amount of 3.500% Senior Notes due 2015, $750,000,000 in aggregate principal amount of 4.875% Senior Notes due 2020 and $450,000,000 in aggregate principal amount of 5.875% Senior Notes due 2040.
CAT Caterpiller 8/20/09 8K CAT filed Reg FD information concerning deliveries to users for its Machinery and Engines lines of business.
CVX Chevron 8/5/09 10Q
CSCO Cisco 8/5/09 8K CSCO reported its results of operations for its fiscal fourth quarter and fiscal year 2009 ended July 25, 2009.
KO Coke 7/30/09 10Q
DIS Disney 7/30/09 10Q
DD DuPont 8/13/09 8K On 8/11/09 DD named Nicholas C. Fanandakis, age 53, Senior Vice President & Chief Financial Officer & Chief Executive effective September 1, 2009 with an increase in annual salary from $387,708 to $500,000 and target short-term incentive award for 2009 will increase from $328,500 to $464,100. Mr. Fanandakis was named to his current position, Group Vice President- Applied BioSciences, in January 2008. Prior to that, he was vice president and general manager- DuPont Chemical Solutions Enterprise from September 2003 through September 2006 and vice president- Corporate Plans from October 2006 through December 2007. Jeffrey L. Keefer, EVP and Chief Financial Officer, will remain EVP and transition from the position of Chief Financial Officer to assume leadership responsibility for the Company’s Performance Coatings business, corporate strategy development, Information Technology and overall cost and working capital productivity efforts effective November 1, 2009.
Richard R. Goodmanson, EVP and Chief Operating Officer has elected to retire from the Company effective September 30, 2009.
XOM Exxon 8/5/09 10Q
GE 8/4/09 8K GE reached a settlement with the SEC & consented to a judgment of a fine of $50 million relating to four accounting matters arising in 2002 - 2003: the application of SFAS 133 to GE’s since-discontinued commercial paper hedging program and, separately, to certain swap derivatives where fees were paid or received at inception; a change in accounting for profits on spare parts in the commercial aviation engine business; and certain year-end transactions in the Rail business.
HPQ Hewlett-Pack 8/18/09 8K re: release of 731/09 3Q results
HD Home Depot 8/18/09 8K re: release of July 31, 2009 3Q results & 8/21 Form ASR automatic shelf registration for debt securities
INTC Intel 8/3/09 10Q
IBM 7/28/09 10Q
JPM JPMorgan 8/25/09 Free Writing Prospectus relating to reverse convertible securities
JNJ Johnson 8/4/09 10Q
KFT Kraft 8/5/09 10Q
MCD McDonalds 8/11/09 re: press release "McDonald’s Reports Global Comparable Sales Up 4.3% in July"
MRK Merck 8/3/09 Sched 14A proxy material re: updated of acquisition of Schering-Plough
MSFT Microsoft 68/24/09 Securities to be offered to employees in employee benefit plans
PFE Pfizer 8/6/09 10Q
PG Procter Gam 8/25/09 424 Prospectus re: Notes due 2015
MMM 3M 8/5/09 3M contributed 8,329,862 shares of its common stock with a corresponding dollar value of approximately $600 million to its defined benefit pension plan, the 3M Employee Retirement Income Plan, made from treasury stock.
TRV Travelers 8/5/09 10Q/A Amended 10Q
UTX United Tech 7/24/09 10Q
VZ Verizon 7/30/09 10Q
WMT Wal-Mart 8/13/09 8K re 7/31/09 2Q report of earnings 0Q
Here are the CEOs of the Dow 30 Companies:
T Randall L. Stephenson
AA Klaus Kleinfeld
AXP Kenneth I. Chenault
BAC Kenneth D. Lewis
BA W. James McNerney, Jr.
CAT James W. Owens
CVX David O'Reilly
CSCO John Chambers
KO Muhtar Kent
DIS Rogert Iger
DD Nicholas C. Fanandakis replaces Ellen Kullman 9/1/09
XOM Rex W. Tillerson
GE Jeffrey R. Immelt
HPQ Mark Hurd
HD Frank Blake
INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPM Jamie Dimon
JNJ William C. Weldon
KFT Irene Rosenfeld
MCD Jim Skinner
MRK Robert Clark
MSFT Steve Ballmer
PFE Jeffrey Kindler
PG Bob McDonald
MMM George W. Buckley
TRV Jay S. Fishman
UTX Louis Chenevert
VZ Ivan Seidenberg
WMT Mike Duke