The following is not intended as advertising by a broker-dealer and is not a research report.
Post #83 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 this Blog is an update of the Dow 30's most recent SEC filings.
The Dow Jones Industrial Average closed Monday at 9496.28 down 47.92 or 0.5% from Friday's close of 9544.2. Of the 30 Dow Companies: 11 gained and 19 declined with the biggest loser being Caterpillar CAT $45.31 -1.40 3% 10,363,695 NYSE and the biggest gainer being JPMorgan Chase JPM $43.46 +0.54 1.26% 30,414,152 NYSE.
The current divisor for the Dow found at today's page C4 of The Wall St. Jrnl is .132319125 unchanged.
Monday's Dow Jones Industrial Average closing numerator was 1256.54 down 6.34 from Friday's closing Dow numerator of 1262.88. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor.
Now, if you divide the Dow numerator decrease for today of 6.34 by the divisor you get 47.92, the decrease in Monday's Dow close.
The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was 41.88 down 0.22 from Friday's Dow Jones Industrial Average closing price of 42.10. The median closing price of Monday's Dow Jones Industrial Average was 38.64 up 0.06 from Friday's Dow Jones median closing price of 38.58.
The highest closing price Monday again was IBM $118.05 -0.17 0.14% 5,189,293 NYSE and the lowest closing price Monday again was Alcoa AA $12.05 -0.45 3.6% 22,391,162 NYSE.
The lowest volume Monday was MMM $72.1 +0.18 0.25% 3,333,598 NYSE and the highest volume again was BAC $17.59 -0.39 2.17% 152,618,118 NYSE.
If Monday 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 $660
($126,300 - 125,640)
Monday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
T $26.05 -0.16 0.61% 24,152,204 NYSE
AA $12.05 -0.45 3.6% 22,391,162 NYSE
AXP $33.82 -0.42 1.23% 9,498,194 NYSE
BAC $17.59 -0.39 2.17% 152,618,118 NYSE
BA $49.67 -1.37 2.68% 9,151,791 NYSE
CAT $45.31 -1.40 3% 10,363,695 NYSE
CVX $69.94 -0.74 1.05% 7,730,101 NYSE
CSCO $21.6- 0.40 1.82% 29,700,571 NASDAQ-GS
KO $48.77 -0.29 0.59% 10,308,011 NYSE
DD $31.93 -0.63 1.93% 6,563,184 NYSE
DIS $26.04 -0.80 2.98% 29,072,762 NYSE
XOM $69.15 -0.97 1.38% 23,472,674 NYSE
GE $13.9 -0.18 1.28% 65,930,048 NYSE
HPQ $44.89 +0.13 0.29% 12,519,913 NYSE
HD $27.29 -0.40 1.44% 12,837,737 NYSE
INTC $20.32 +0.07 0.35% 52,076,042 NASDAQ-GS
IBM $118.05 -0.17 0.14% 5,189,293 NYSE
JPM $43.46 +0.54 1.26% 30,414,152 NYSE
JNJ $60.44 +0.15 0.25% 9,843,024 NYSE
KFT $28.35 +0.01 0.04% 5,319,009 NYSE
MCD $56.24 +0.17 0.3% 7,705,280 NYSE
MRK $32.43 +0.11 0.34% 12,691,969 NYSE
MSFT $24.65 -0.03 0.12% 48,049,297 NASDAQ-GS
PFE $16.7 -0.11 0.65% 34,832,157 NYSE
PG $54.11 +0.92 1.73% 15,241,045 NYSE
MMM $72.1 +0.18 0.25% 3,333,598 NYSE
TRV $50.42 +0.81 1.63% 5,585,037 NYSE
UTX $59.36 -0.28 0.47% 3,745,309 NYSE
VZ $31.04 +0.02 0.06% 12,379,345 NYSE
WMT $50.87 -0.26 0.51% 17,204,773 NYSE
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