Contact us for our free Report on BioClinica, Inc.
WE CAN ALSO BE FOUND AT WWW.DOWJONESMONITOR.COM
The following is not intended as advertising by a broker-dealer and is not a research report.
Post #257 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 11/30/09 and an update of the Dow 30's most recent SEC filings as of 11/30/09.
The Dow Jones Industrial Average closed Friday at 10,471.5 up 65.67 or 0.63% from Thursday's close of 10,405.83. For the week, the Dow was up 65.67 or 0.63% from last Friday's Dow Close of 10,388.14. Of the 30 Dow Companies: 21 gained and 9 declined. The biggest gainer dollar-wise was United Technologies UTX $69.4 +1.47 2.16% 5,804,817 NYSE and percentage-wise was Alcoa AA $14.61 +1.11 8.22% 75,068,293 NYSE. The biggest decliner dollar-wise and percentage-wise was Merck MRK $37.07 -0.47 1.25% 13,699,009 NYSE.
As of the open of the market Friday, the current divisor for the Dow found at page C4 of today's Wall St. Jrnl is .132319125 unchanged, the trailing P/E ratio is 18.05 up from Thurs. morning's 17.93 (year ago it was 17.89) the P/E estimate is 16.05 unchanged (year ago it was 9.93) and the current dividend yield is 2.67 up from Thur. morning's 2.68 (it was 3.67 a year ago).
Friday's Dow Jones Industrial Average closing numerator was 1385.58 up 8.69 from Thursday's closing Dow numerator of 1376.89. 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 8.69 for Friday by the divisor you get the increase in Friday's Dow close of 65.67.
The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was 46.19 up 0.26 from Thursday's Dow Jones Industrial Average closing price of $45.90. The median closing price of Friday's Dow Jones Industrial Average was $40.85 up 0.10 from Thursday's $40.75. The lowest volume Friday was Travelers TRV $50.7 +0.06 0.12% 4,176,091 NYSE and the highest volume again was Bank of Am BAC $15.63 +0.42 2.76% 193,764,733 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 $869 ($138,558 - $137,689).
Friday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
AT&T T $28.01 +0.25 0.9% 19,098,434 NYSE
Alcoa AA $14.61 +1.11 8.22% 75,068,293 NYSE
American Express AXP $40.73 +0.50 1.24% 8,050,590 NYSE
Bank of America BAC $15.63 +0.42 2.76% 193,764,733 NYSE
Boeing BA $55.6 +0.59 1.07% 7,354,632 NYSE
Caterpillar CAT $57.51 +0.57 1% 5,339,383 NYSE
Chevron CVX $77.76 +0.34 0.44% 6,645,279 NYSE
Cisco CSCO $23.768 -0.172 0.72% 27,705,365 NASDAQ-GS
Coca-Cola KO $59.11 +0.53 0.9% 15,164,789 NYSE
Disney DIS $31.7 +0.40 1.28% 15,443,166 NYSE
DuPont DD $32.23 +0.32 1% 6,646,312 NYSE
ExxonMobil XOM $72.83 +0.43 0.59% 16,786,473 NYSE
GE $15.92 +0.31 1.99% 56,344,460 NYSE
Hewlett-Packard HPQ $50.05 -0.09 0.18% 11,618,454 NYSE
Home Depot HD $28.49 +0.50 1.79% 16,287,121 NYSE
Intel INTC $19.9 -0.25 1.24% 38,989,740 NASDAQ-GS
IBM $129.68 +0.34 0.26% 6,390,889 NYSE
J.P.Morgan Chase JPM $40.96 -0.31 0.75% 46,137,972 NYSE
Johnson & Johnson JNJ $64.85 +0.08 0.12% 7,150,315 NYSE
Kraft KFT $26.79 +0.11 0.41% 6,188,729 NYSE
McDonald's MCD $61.66 +0.61 1% 5,835,670 NYSE
Merck MRK $37.07 -0.47 1.25% 13,699,009 NYSE
Microsoft MSFT $29.85 +0.02 0.07% 43,700,640 NASDAQ-GS
Pfizer PFE $18.3 -0.02 0.11% 30,796,836 NYSE
Procter & Gamble PG $62.34 +0.10 0.16% 8,910,139 NYSE
3M MMM $81.75 +1.07 1.33% 4,776,933 NYSE
Travelers TRV $50.7 +0.06 0.12% 4,176,091 NYSE
United Technologies UTX $69.4 +1.47 2.16% 5,804,817 NYSE
Verizon VZ $33.73 +0.07 0.21% 10,425,406 NYSE
WalMart WMT $54.65 -0.04 0.07% 11,393,599 NYSE
******************************
The following is excerpted from Fri. morning's Blog:
A read of Friday's 12/11/09 print editions of: Wall St. Journal, Financial Times, New York Times, USA Today, Investors Business Daily, Atlanta Journal Constitution & Daily Report (Ga) 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 closing price and related data:
Dow: The Dow Jones Industrial Average closed Thursday at 10,405.83 up 68.68 or 0.67% from Tuesday's close of 10,337.05. Of the 30 Dow Companies: 24 gained, 1, Procter & Gamble, was unchanged and 5 declined. The biggest gainer dollar-wise was 3M MMM $80.68 +0.94 1.18% 5,044,196 NYSE and percentage-wise was Alcoa AA $13.5 +0.42 3.21% 32,077,492 NYSE. The biggest decliner dollar-wise was Boeing BA $55.01 -0.46 0.83% 5,755,366 NYSE and percentage-wise was Bank of America BAC $15.21 -0.18 1.17% 253,961,381 NYSE NYSE.
AT&T T $27.76 +0.20 0.73% 20,191,950 NYSE: No mentions found.
Alcoa AA $13.5 +0.42 3.21% 32,077,492 NYSE: No mentions found.
American Express AXP $40.23 +0.35 0.88% 9,662,530 NYSE: No mentions found.
Bank of America BAC $15.21 -0.18 1.17% 253,961,381 NYSE: WSJ pC1 "Loopholes Lurk in Bank Bill" by Damian Paletta, David Enrich says there are exemptions in the 239 page amendment to the US House of Reps' financial regulatory overhaul that exempts financial services firm USAA from some of the bill's tougher provisions and other exemptions are granted to GE and Pitney Bowes. The exemptions allow the firms to choose who regulates them so they can choose a "lighter" regulator. USAA spent $5 mil on lobbying in the first 9 months of '09 which was more than rival that are larger such as Bank of America and Wells Fargo.
WSJ pA9 "Foreclosure Rescue Still Bogged Down" by Ruth Simon says fewer than 5% of borrowers participating in the Obama admin's foreclosure prevention program, about 31,000 in all, have received permanent loan modifications. Bank of America had 156,864 borrowers in the trial program and claims to have had the highest number of modifications. JPMorgan Chase has 136,686 active trial modifications and 4,302 permanent modifications. Chase said 29% of borrowers who entered the program between April and Sept. didn't make the required payments; 20% hadn't provided all of the required docs.
WSJ pC6 "Disney, Home Depot Lead Dow Higher" by Geoffrey Rogow says stocks rose as Starbucks, Kohl's and other retailers pushed higher even after a mostly mixed jobs report, while defensive sectors and firms, including United Health Group, continued a trend of recent strength. Thursday the Dow Jones Industrial Average closed at its highest close since 12/2. Of the 30, 24 ended in the green, led by Walt Disney who is charted in the side bar under "Good News" because CEO Robert Iger told an investor conference Wed. that the advertising market is improving. Also leading the Dow as Walt Disney and Home Depot while financials were lower with Bank of America the weakest Dow component.
Boeing BA $55.01 -0.46 0.83% 5,755,366 NYSE: No mentions found.
Caterpillar CAT $56.94 +0.76 1.35% 6,303,005 NYSE: No mentions found.
Chevron CVX $77.42 +0.36 0.47% 10,832,653 NYSE: WSJ pB4 says Chevron said its capital budget will be $21.6 bil next year, 5% lower than its '09 budget, as it focuses on exploration and natural gas t the expense of refining as the refining biz has become less profitable recently because of weak demand for fuel. About 80% of CVX's '10 spending program, or $17.3 bil, will be invested in oil and gas exploration and production projects worldwide, compared with 75% this year.
Fin Times p24 "S&P turns positive amid fresh hopes for retail growth" by Samantha Pearson says a surprise improvement in the US trade deficit helped Wall St. shrug off lingering concerns over foreign sovereign debt, pushing stocks higher yesterday. Although fresh claims for unemployment benefits rose more than expected, the number of Americans seeking extended benefits fell. Separate data showed that the US trade deficit had unexpectedly narrowed to $32.9 bil. Dollar weakness lifted commodity based groups higher in early trading. But even after the dollar flattened, Chevron closed up 0.5%. GE announced it had won a $1.4 bil contract to supply wind turbines for what will become the world's biggest wind farm. United Technologies, which makes power generation equipment, bought a 49.5% stake in Chipper Windpower, the British wind turbine maker. UTX shares were up .8%.
Cisco CSCO $23.94 +0.08 0.34% 33,645,557 NASDAQ-GS: No mentions found.
Coca-Cola KO $58.58 +0.75 1.3% 15,307,936 NYSE: WSJ pB9 "Cosgtco Posgs Flat Net Profit" by Joan E. Solsman & AJC pA23 by Joe Guy Ckollier say in an article about Costco's flat 1Q earnings that Costco will resume stocking Coca-Cola products in its stores after a weeks-long squabble over pricing.
WSJ pC1 "Stocks Gain 68.78 Points; Crude Slides" by Peter A. McKay says stocks climbed as investors focused on the latest data offering tentative signs of improvement in the labor market and the possibility it would boost consumer spending, a key force in the economy. The Dow Jones Industrial Average gained 0.7% with gains in Walt Disney, Home Depot and Coca-Cola among others. The Labor Dept. reported that initial filings for jobless benefits rose more than expected last week. But the 4 week average of new claims fell 0.6%, and the number of continuing claims, defined as claims lasting more than one week, was off 1.2%. Oil futures were down 0.2% at a 2 month low of $70.54 a barrel. Crude has plummeted about 10% over its 7 day slide.
Disney DIS $31.3 +0.60 1.95% 13,606,812 NYSE: WSJ pC1 "Stocks Gain 68.78 Points; Crude Slides" by Peter A. McKay says stocks climbed as investors focused on the latest data offering tentative signs of improvement in the labor market and the possibility it would boost consumer spending, a key force in the economy. The Dow Jones Industrial Average gained 0.7% with gains in Walt Disney, Home Depot and Coca-Cola among others. The Labor Dept. reported that initial filings for jobless benefits rose more than expected last week. But the 4 week average of new claims fell 0.6%, and the number of continuing claims, defined as claims lasting more than one week, was off 1.2%. Oil futures were down 0.2% at a 2 month low of $70.54 a barrel. Crude has plummeted about 10% over its 7 day slide.
WSJ pC6 "Disney, Home Depot Lead Dow Higher" by Geoffrey Rogow says stocks rose as Starbucks, Kohl's and other retailers pushed higher even after a mostly mixed jobs report, while defensive sectors and firms, including United Health Group, continued a trend of recent strength. Thursday the Dow Jones Industrial Average closed at its highest close since 12/2. Of the 30, 24 ended in the green, led by Walt Disney who is charted in the side bar under "Good News" because CEO Robert Iger told an investor conference Wed. that the advertising market is improving. Also leading the Dow as Walt Disney and Home Depot while financials were lower with Bank of America the weakest Dow component.
DuPont DD $31.91 +0.32 1.01% 7,718,797 NYSE: No mentions found.
ExxonMobil XOM $72.4 -0.39 0.54% 23,388,243 NYSE: No mentions found.
GE $15.61 -0.05 0.32% 55,722,959 NYSE: WSJ B2 "GE Wins Big Wind Farm Job" by Joan E. Solsman, Steve Gelsi & AJC pA24, as previously reported in this Blog, GE won a $1.4 bil contract to supply giant turbines or Oregon's Shepherds Flat wind farm, set to be amongthe world's largest once it is running. GE will supply and maintain for 10 years 338 turbines to be installed in 2011 and '12 for $2 bil. The wind farm is owned by Caithness Energy LLC.
WSJ pC1 "Loopholes Lurk in Bank Bill" by Damian Paletta, David Enrich says there are exemptions in the 239 page amendment to the US House of Reps' financial reguulatory overhaul that exempts financial services firm USAA from some of the bill's tougher provisions and other exemptions are granted to GE and Pitney Bowes. The exemptions allow the firms to choose who regulates them so they can choose a "lighter" regulator. USAA spent $5 mil on lobbying in the first 9 months of '09 which was more than rival that are larger such as Bank of America and Wells Fargo.
WSJ pB1 "Citadel Broadcasting Arranging To Hand Control To Its Lenders" by Mike Spector, Sarah McBride says Citadel Broadcasting Corp. the 3rd largest radio broadcaster in the US is preparing to file for bankruptcy the end of the year which is yet another reminder of the travails facing media firms up against stiff competition and shifts in consumer habits. Ad revs have fallen for newspaper, radio broadcasters and tv stations. The lenders hold 40% of Citadel's debt of $760 bil and includes JP Morgan Chase and GE Capital.
WSJ pB4 "Oracle Fights EU's Review of Sun Bid" by Charles Forelle says Oracle is digging in against the European Union's objections to its bid for Sun Microsystems Inc. The EU's criticism is that Sun's MySQL is an important competitive force in the database industry that market leader Oracle shouldn't be allowed to own. A EU hearing started Thurs and will continue today with presentations from Microsoft and SAP AG, both of whom oppose the deal. A key issue is whether MySQL, which can be downloaded free, is robust enough to compete against Oracle. GE sides with Oracle and says MySQL doesn't compete in the same market as similar Oracle products.
Hewlett-Packard HPQ $50.14 +0.19 0.38% 18,756,184 NYSE: Fin Times p12 "Behold the broader picture" by Paul Taylor reviews the HP DreamScreen 100 multimedia device that is designed to display images and information and play music and internet radio. It comes with 2GB of built in storage. Taylor says it is a bit pricey, cries out for touchscreen navigation and there is no internal battery which means it must be plugged into the mains. But he picks it over Toshiba's DMF 82XKU and Kodak's EasyShare S730.
Home Depot HD $27.99 +0.44 1.6% 11,854,262 NYSE: WSJ pC1 "Stocks Gain 68.78 Points; Crude Slides" by Peter A. McKay says stocks climbed as investors focused on the latest data offering tentative signs of improvement in the labor market and the possibility it would boost consumer spending, a key force in the economy. The Dow Jones Industrial Average gained 0.7% with gains in Walt Disney, Home Depot and Coca-Cola among others. The Labor Dept. reported that initial filings for jobless benefits rose more than expected last week. But the 4 week average of new claims fell 0.6%, and the number of continuing claims, defined as claims lasting more than one week, was off 1.2%. Oil futures were down 0.2% at a 2 month low of $70.54 a barrel. Crude has plummeted about 10% over its 7 day slide.
WSJ pC6 "Disney, Home Depot Lead Dow Higher" by Geoffrey Rogow says stocks rose as Starbucks, Kohl's and other retailers pushed higher even after a mostly mixed jobs report, while defensive sectors and firms, including United Health Group, continued a trend of recent strength. Thursday the Dow Jones Industrial Average closed at its highest close since 12/2. Of the 30, 24 ended in the green, led by Walt Disney who is charted in the side bar under "Good News" because CEO Robert Iger told an investor conference Wed. that the advertising market is improving. Also leading the Dow as Walt Disney and Home Depot while financials were lower with Bank of America the weakest Dow component.
Intel INTC $20.15 +0.14 0.7% 43,155,714 NASDAQ-GS: No mentions found.
IBM $129.34 +0.95 0.74% 7,057,361 NYSE: No mentions found.
J.P.Morgan Chase JPM $41.27 +0.08 0.19% 36,338,894 NYSE: WSJ pB1 "Citadel Broadcasting Arranging To Hand Control To Its Lenders" by Mike Spector, Sarah McBride says Citadel Broadcasting Corp. the 3rd largest radio broadcaster in the US is preparing to file for bankruptcy the end of the year which is yet another reminder of the travails facing media firms up against stiff competition and shifts in consumer habits. Ad revs have fallen for newspaper, radio broadcasters and tv stations. The lenders hold 40% of Citadel's debt of $760 bil and includes JP Morgan Chase and GE Capital.
Johnson & Johnson JNJ $64.77 +0.39 0.61% 8,821,461 NYSE: No mentions found.
Kraft KFT $26.68 -0.03 0.11% 8,343,051 NYSE: No mentions found.
McDonald's MCD $61.05 +0.45 0.74% 8,034,970 NYSE: WSJ pB4 & AJC pA24 says McDonald's Corp. will start offering breakfast for a buck with the launch of a nat'l dollar menu in Jan. The breakfast dollar menu will be backed with advertising across the US and will feature items. The firm will also start selling its MacSnack Wrap, a wrap version of its popular Big Mac, later this month for $1.49, all as previously reported in this Blog.
WSJ pA2 has a correction about MCD's sales decline reported in Wed that failed to specify that Nov's drop was for same store sales and the 0.1% decline in same store sales was for Oct.
Merck MRK $37.54 +0.39 1.05% 14,573,457 NYSE: WSJ pA6 "Bone Building Drugs Appear to Cut Breast Cancer Risk" by Shirley S. Want says a popular class of bone building drugs known as bisphosphonates appear to sisgnificantly reduce women's risk of breast cancer by nearly a third. Bisphosphonates for treating osteoporosis include Merck's Fosamax, Roche's Boniva and Novartis's Zometa.
WSJ pB4 "Lilly Sees Good Results Despite Patent Issues" by Jonathan D. Rockoff says Eli Lilly said Thurs that its annual rev wold fall slightly below current levels after its top selling drugs lose patent protections. Drugs accounting for more than half of its current rev will face generic competition in '13, as US patents expire on 4 of its 5 top selling products including the blockbuster antipsychotic Zyprexa. Unlike rivals Pfizer Inc. and Merck & Co., Lilly hasn't embarked on a major acquisition to help deal with patent issues.
Microsoft MSFT $29.87 +0.16 0.54% 45,732,219 NASDAQ-GS: WSJ pB4 "Oracle Fights EU's Review of Sun Bid" by Charles Forelle says Oracle is digging in against the European Union's objections to its bid for Sun Microsystems Inc. The EU's criticism is that Sun's MySQL is an important competitive force in the database industry that market leader Oracle shouldn't be allowed to own. A EU hearing started Thurs and will continue today with presentations from Microsoft and SAP AG, both of whom oppose the deal. A key issue is whether MySQL, which can be downloaded free, is robust enough to compete against Oracle. GE sides with Oracle and says MySQL doesn't compete in the same market as similar Oracle products.
Pfizer PFE $18.32 +0.08 0.44% 36,218,245 NYSE: WSJ pB4 "Lilly Sees Good Results Despite Patent Issues" by Jonathan D. Rockoff says Eli Lilly said Thurs that its annual rev wold fall slightly below current levels after its top selling drugs lose patent protections. Drugs accounting for more than half of its current rev will face generic competition in '13, as US patents expire on 4 of its 5 top selling products including the blockbuster antipsychotic Zyprexa. Unlike rivals Pfizer Inc. and Merck & Co., Lilly hasn't embarked on a major acquisition to help deal with patent issues.
Procter & Gamble PG $62.24 unch unch 9,709,295 NYSE: No mentions found.
3M MMM $80.68 +0.94 1.18% 5,044,196 NYSE: No mentions found.
Travelers TRV $50.76 +0.66 1.32% 3,315,369 NYSE: No mentions found.
United Technologies UTX $67.93 +0.52 0.77% 4,786,333 NYSE: Fin Times p24 "S&P turns positive amid fresh hopes for retail growth" by Samantha Pearson says a surprise improvement in the US trade deficit helped Wall St. shrug off lingering concerns over foreign sovereign debt, pushing stocks higher yesterday. Although fresh claims for unemployment benefits rose more than expected, the number of Americans seeking extended benefits fell. Separate data showed that the US trade deficit had unexpectedly narrowed to $32.9 bil. Dollar weakness lifted commodity based groups higher in early trading. But even after the dollar flattened, Chevron closed up 0.5%. GE announced it had won a $1.4 bil contract to supply wind turbines for what will become the world's biggest wind farm. United Technologies, which makes power generation equipment, bought a 49.5% stake in Chipper Windpower, the British wind turbine maker. UTX shares were up .8%.
Verizon VZ $33.66 +0.36 1.08% 13,120,424 NYSE: No mentions found.
Walmart WMT $54.69 +0.62 1.15% 10,004,618 NYSE: No mentions found.
***************************************
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
11/30/09 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $360 [5]
2. Microsoft MSFT 260 [9]
3. WalMart WMT 211 [4]
4. Chevron CVX 191 [2.5]
5. Procter & Gamble PG 183 [3]
6. Johnson & Johnson JNJ 174 [3]
7. GE 170 [10.5]
8. IBM 165 [1.5]
9. JPMorgan Chase 163 [4]
10. AT&T 159 [6]
11. Pfizer PFE 147 [8]
12. Cisco CSCO 134 [6]
13. BAC 134 [6.5]
14. Coke KO 132 [2]
15. Hewlett-Packard HPQ 116 [2]
16. Intel INTC 107 [5.5]
17. McDonald's MCD 106 [1]
18. Verizon VZ 90 [3]
19. Merck MRK 77 [2]
20. United Technologies UTX 63 [1]
21. Disney DIS 56 [2]
22. 3M MMM 54 [.5]
23. American Express AXP 49 [1]
24. Home Depot 47 [2]
25. Kraft KFT 39 [1.5]
26. Boeing BA 38 [1]
27. Caterpillar CAT 36 [.5]
28. DuPont DD 31 [1]
29. Travelers 28 [.5]
30. Alcoa AA 12 [1]
Here are the latest SEC filings as of 11/30/09 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 re:the acquisition of Centennial Communications Corp. a regional provider of wireless and wired communications services for $945 million in cash.
Alcoa AA: 11/20/09 8K re: that it will temporarily idle production at its two aluminum smelters in Fusina and Portovesme, Italy while appealing a European Commission decision that Italy’s extension of the existing electricity tariff after 2005 did not comply with European Union state aid rules and that a portion of the benefit received by Alcoa must be refunded. The curtailments in Italy will bring Alcoa’s total global smelting system curtailments to approximately 24 percent. Alcoa expects to take a 4Q '09 charge of between $300 million and $500 million, pre-tax, including the temporary curtailment and recovery actions.
American Express AXP: 11/18/09 8K re: acquisition of Revolution Money, a Revolution LLC company which was launched by AOL Co-founder Steve Case's Revolution LLC in '07 & provides secure payments through an internet based platform. No names or account numbers appear on Revolution cards and transactions are authorized by using a PIN number. Their online person-to-person payment accounts are FDIC insured and suited for social and instant messaging networks.
Bank of Am BAC: 11/27/09 8K re: the Board approved amendments to the 2009 compensation arrangements for Joe L. Price, Chief Financial Officer, & Barbara J. Desoer, President, Bank of America Mortgage, Home Equity and Insurance Services.
Boeing BA: 11/20/09 8K re: Boeing issued $700,000,000 of 1.875% Senior Notes due 2012 and $500,000,000 of 3.750% Senior Notes due 2016.
Caterpiller CAT: 11/19/09 8K disclosing supplemental information concerning deliveries to users for its Machinery and Engines lines of business.
Chevron CVX: 11/5/09 10Q
Cisco CSCO: 11/24/09 8K re: Mark Chandler, Senior Vice President, Legal Services, General Counsel & Secretary of Cisco Systems adopted a pre-arranged stock trading plan to exercise Cisco stock options originally granted in 2001 and set to expire in February 2010 and sell the acquired shares of Cisco stock for up to 80,000 shares of Cisco stock.
Coke KO: 10/29/09 10QA
Disney DIS: 11/13/09 8K re: effective January 1, 2010, Thomas O. Staggs, currently Sr. Exec. VP & CFO, will become Chairman, Walt Disney Parks & Resorts, & James A. Rasulo, currently Chairman, Walt Disney Parks & Resorts, will become Sr. Exec. VP & CFO.
11/19/09 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 1/15 & $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: 11/23/09 8K re: financial results for its 4Q ended 10/31/09, with net rev of $30.8 billion, down 8% from a year earlier.
Home Depot HD: 11/17/09 8K re: 3Q of fiscal 2009 net earnings of $689 million, or $0.41 per diluted share, compared with net earnings of $756 million, or $0.45 per diluted share, in the same period in fiscal 2008.
Intel INTC: 11/16/09 8K re: board of directors approved a 12.5 percent increase in the quarterly cash dividend to 15.75 cents per share (63 cents per share on an annual basis), beginning with the dividend that will be declared in the first quarter of 2010.
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: 11/20/09 re: Cazenove Group Limited (Cazenove) and J.P. Morgan have agreed a transaction under which their joint venture, J.P. Morgan Cazenove, will become a wholly owned part of J.P. Morgan.
Johnson & Johnson JNJ: 11/4/09 10Q
Kraft KFT: 11/9/09 8K re: pursuant to Rule 2.5 of the U.K. City Code on Takeovers and Mergers Kraft disclosed its intention to make an offer to acquire each outstanding ordinary share of Cadbury plc.
11/9/09 8K re: an acquisition and refinancing bridge credit agreement for a 364-day senior unsecured term loan facility with the lenders led by Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and HSBC Securities (USA) Inc., as joint bookrunners, and Citibank, N.A. and Deutsche Bank AG Cayman Islands Branch, as co-administrative agents for loans up to £5.5 billion with a maturity date of 364 days.
McDonalds MCD: 11/12/09 8K re: CEO Jim Skinner outlined MCD’s priorities to continue to drive growth in sales, market share and returns through a strategic focus on its customers and restaurants under the successful Plan to Win. This includes plans to open about 1,000 new restaurants and reimage 2,300 existing locations worldwide in 2010.
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: 11/24/09 8K re: Chris Liddell's departure as CFO to be replaced by Peter Klein.
Pfizer PFE: 11/5/09 10Q
Procter & Gamble PG: 10/29/09 10Q
3M MMM: 11/24/09 8K re: an amendment to its VIP Excess Plan that offers eligible highly compensated employees with the opportunity to defer the receipt of a portion of their current cash compensation on a tax-favored basis.
Travelers TRV: 11/10/09 8K re: the resignation of Robert I. Lipp from the Board.
United Technologies UTX: 11/17/09 8K re: its purchase of the GE Security business from GE for $1.82 billion. The closing is pending regulatory approvals. GE Security, part of GE Technology Infrastructure, supplies security and life safety technologies through a broad product portfolio for commercial and residential applications that include fire detection and life safety systems, intrusion alarms, and video surveillance and access control systems. Headquartered in Bradenton, Fla., the business has eight manufacturing facilities and approximately 4,700 employees in 26 countries.
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: 11/12/09 8K re: diluted earnings per share from continuing operations for 3Q of fiscal year 2010 of $0.84, exceeding WMT’s guidance of $0.78 to $0.82. Walmart earned $0.77 per share from continuing operations in the third quarter last year.