Monday, November 16, 2009

11/16/09 Mon. p.m. Dow Closes 10406.96 up $136.49 or 1.33%

WE CAN ALSO BE FOUND AT WWW.DOWJONESMONITOR.COM

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Post #214 The following is brought to you by Intellivest Securities Research, Inc. Towards the end of this Blog is a list of the Dow 30 CEO's, a ranking of the Dow 30 by market capitalization as of close of 11/6/09 and an update of the Dow 30's most recent SEC filings as of 11/6/09.

The Dow Jones Industrial Average closed Monday at 10406.96 up 136.49 or 1.33% from Friday's close of 10,270.47. Of the 30 Dow Companies: 4 declined) and 26 gained. The biggest gainer dollar-wise was ExxonMobil XOM $74.43 +1.96 2.7% 21,329,248 NYSE and percentage-wise was Boeing BA $52.48 +1.80 3.55% 5,704,942 NYSE. The biggest decliner dollar-wise and percentage-wise was Travelers TRV $52.94 -0.34 0.64% 4,513,526 NYSE.

As of the close of the market Friday, the current divisor for the Dow found at page C4 of The Wall St. Jrnl is .132319125 unchanged, the trailing P/E ratio is 17.78 up from Friday's 17.67 (year ago it was 17.75), the P/E estimate is 15.82 up from Friday's 15.57 (year ago it was 10.35) and the current dividend yield is 2.71 down from Friday's 2.73 (it was 3.80 a year ago).

Monday's Dow Jones Industrial Average closing numerator was 1377.04 up 18.06 from Friday's closing Dow numerator of 1358.98. 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 of 18.06 for Monday by the divisor you get the increase in Monday's Dow close of 136.49.

The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was 45.90 up 0.60 from Friday's Dow Jones Industrial Average closing price of $45.30. The median closing price of Monday's Dow Jones Industrial Average was $42.24 up 0.70 from Friday's Dow Jones median closing price of $41.54. The lowest volume Monday was 3M MMM $78.02 +0.70 0.91% 2,994,456 NYSE and the highest volume again was Bank of Am BAC $15.87 -0.11 0.69% 154,182,711 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 made $1,800.
($137,700 - $135,900)

Monday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market

AT&T T $26.29 +0.04 0.15% 23,569,914 NYSE:

Alcoa AA $13.61 +0.43 3.26% 23,195,269 NYSE:

American Express AXP $41.44 +1.09 2.7% 20,280,975 NYSE:

Bank of America BAC $15.87 -0.11 0.69% 154,182,711 NYSE:

Boeing BA $52.48 +1.80 3.55% 5,704,942 NYSE:

Caterpillar CAT $60.4 +1.62 2.76% 8,334,502 NYSE:

Chevron CVX $78.61 +0.67 0.86% 8,954,369 NYSE:

Cisco CSCO $23.87 +0.16 0.67% 47,598,135 NASDAQ-GS:

Coca-Cola KO $56.74 +0.28 0.5% 8,119,838 NYSE:

Disney DIS $30.7 +0.26 0.85% 12,891,133 NYSE:

DuPont DD $34.94 +0.63 1.84% 6,350,396 NYSE:

ExxonMobil XOM $74.43 +1.96 2.7% 21,329,248 NYSE:

GE $16 +.34 2.17% 98,247,874 NYSE:

Hewlett-Packard HPQ $50.81+ 0.90 1.8% 20,621,054 NYSE:

Home Depot HD $27.65 +0.31 1.13% 18,792,481 NYSE:

Intel INTC $20.23 +0.41 2.07% 64,782,202 NASDAQ-GS:

IBM $128.21 +1.18 0.93% 7,975,416 NYSE:

J.P.Morgan Chase JPM $43.04 +0.14 0.33% 43,535,612 NYSE:

Johnson & Johnson JNJ $62.19 +0.76 1.24% 13,768,148 NYSE:

Kraft KFT $27.63 +0.72 2.68% 17,474,080 NYSE:

McDonald's MCD $64.53 +0.95 1.49% 12,110,334 NYSE:

Merck MRK $33.81 +0.71 2.15% 25,097,484 NYSE:

Microsoft MSFT $29.54 -0.09 0.3% 54,129,501 NASDAQ-GS:

Pfizer PFE $17.94 +0.35 1.99% 42,033,170 NYSE:

Procter & Gamble PG $62.27 +0.66 1.07% 12,542,125 NYSE:

3M MMM $78.02 +0.70 0.91% 2,994,456 NYSE:

Travelers TRV $52.94 -0.34 0.64% 4,513,526 NYSE:

United Technologies UTX $69.34 +1.35 1.99% 5,373,022 NYSE:

Verizon VZ $30.33 +0.20 0.66% 13,161,737 NYSE:

Walmart WMT $53.16 -0.04 0.08% 15,356,892 NYSE:

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Here are the CEOs of the Dow 30 Companies:

T Randall L. Stephenson
AA Klaus Kleinfeld
AXP Kenneth I. Chenault
BAC Kenneth D. Lewis (on 10/1 he announced his resignation as of year-end).
BA W. James McNerney, Jr.
CAT James W. Owens who will be replaced by Douglas Oberhelman in 2010.
CVX David O'Reilly who will be replaced by John Watson at year end.
CSCO John Chambers
KO Muhtar Kent
DIS Robert Iger
DD Ellen Kullman
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

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest billion as of
11/6/09 followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $349 [5]
2. Microsoft MSFT 254 [9]
3. WalMart WMT 198 [4]
4. Procter & Gamble PG 178 [3]
5. JPMorgan Chase 171 [4]
6. Johnson & Johnson JNJ 164 [3]
7. GE 163 [10.5]
8. IBM 162 [1.5]
9. Chevron CVX 155 [2]
10. Cisco CSCO 155 [6]
11. AT&T 153 [6]
12. BAC 130 [6.5]
13. Coke KO 126 [2]
14. Hewlett-Packard HPQ 117 [ 2]
15. Pfizer PFE 116 [7]
16. Intel INTC 106 [5.5]
17. Verizon VZ 69 [3]
18. Merck MRK 69 [2
19. McDonald's MCD 67 [1]
20. United Technologies UTX 61 [1]
21. 3M MMM 53 [.5]
22. Disney DIS 53 [2]
23. Home Depot 44 [2]
24. American Express AXP 44 [1]
25. Kraft KFT 40 [1.5]
26. Caterpillar CAT 36 [.5]
27. Boeing BA 34 [1]
28. DuPont DD 30 [1]
29. Travelers 28 [.5]
30. Alcoa AA 11 [1]

Here are the latest SEC filings as of 11/7/09 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: 11/6/09 8K announced the completion of the acquisition of Centennial Communications Corp. a regional provider of wireless and wired communications services for $945 million in cash.
11/5/09 10-Q

Alcoa AA: 10/23/09 10Q

American Express AXP: 10/30/09 10Q

Bank of Am BAC: 11/6/09 10Q

Boeing BA: 11/5/09 8K to reflect certain adjustments that have been made to prior year consolidated financial statements that were previously filed with the SEC on Form 10-K for the year ended December 31, 2008.

Caterpiller CAT: 10/30/09 10-Q

Chevron CVX: 11/5/09 10Q

Cisco CSCO: 11/4/09 8K On November 4, 2009, Cisco reported its results of operations for its fiscal first quarter 2010 ended October 24, 2009. Advisor, $750,000.

Coke KO: 10/29/09 10QA

Disney DIS: 10/27/09 Amended S-4 related to the takeover of Marvel.

DuPont DD: 11/5/09 Prospectus relating to $1,000,000,000 3.250% Notes due January 15, 2015 & $1,000,000,000 4.625% Notes due January 15, 2020

ExxonMobil XOM: 11/5/09 10Q

GE: 11/6/09 10QA

Hewlett-Packard HPQ: 9/24/09 8K saying at its Securities Analyst Meeting, HPQ addressed how it is uniquely positioned to grow and expand in the global information technology market. “We expect the IT industry to return to growth in 2010 and believe that HP will outpace the market,” said Mark Hurd, CEO.

Home Depot HD: 9/3/09 10-Q

Intel INTC: 11/5/09 8K Regulation FD Disclosure that on November 4, 2009, NY Attorney General Andrew Cuomo filed a lawsuit against Intel in the US Dist. Ct. for the District of Delaware alleging that Intel has violated the federal antitrust laws, the New York Donnelly Act (N.Y. Gen. Bus. Law § 340 et seq.), and § 63(12) of the New York Executive Law. The lawsuit alleges that Intel has engaged in a worldwide campaign of illegal, exclusionary conduct to maintain Intel’s alleged monopoly power and prices in the market for x86 microprocessors. The lawsuit seeks unspecified damages trebled, restitution, disgorgement, an injunction, $1,000,000 for each violation of the Donnelly Act, and attorneys’ fees and costs. Intel strongly disagrees with the plaintiff’s allegations and claims, and intends to conduct a vigorous defense of the lawsuit.

IBM: 11/5/09 8K announcing its Form S-3, effective August 3, 2007, relating to $2,000,000,000 of debt securities of the Registrant.

JPMorganChase JPM: 11/6/09 Reg. FD disclosure relating to an investor conference.

Johnson & Johnson JNJ: 11/4/09 10Q

Kraft KFT: 11/3/09 10Q

McDonalds MCD: 11//5/09 10Q

Merck MRK: 11/4/09 8K announcing the consummation on November 3, 2009 of the merger of Merck & Co., Inc. &, Schering-Plough Corporation.

Microsoft MSFT: 10/23/09 10Q

Pfizer PFE: 11/5/09 10Q

Procter & Gamble PG: 10/29/09 10Q

3M MMM: 10/20/09 10Q

Travelers TRV: 10/22/09 10Q

United Technologies UTX: 10/23/09 10Q

Verizon Communications Inc. VZ:/11/2/09 8K announcing VZ adoption of Statement of Financial Accounting Standards No. 160, Noncontrolling Interests in Consolidated Financial Statements — an amendment of ARB No. 51 (SFAS No. 160).

Wal-Mart WMT: 8K 9/18/09 pricing agreement relating to a $1 bil Euro Note Offering.