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Post No. 359. The following is brought to you by Intellivest Securities Research, Inc. Towards the end of this Blog is a list of the Dow 30 current CEOs, a ranking of the Dow 30 components by market capitalization as of 3/1/10 and an update of the Dow 30 component's most recent SEC filings as of 3/1/10.
The Dow Jones Industrial Average closed Wednesday at 10,856.63 down 50.79 or 0.47% from Tuesday's close of 10,907.42. Of the 30 Dow Companies: 6 gained and 24 declined. The biggest gainer dollar-wise and percentage-wise was Chevron CVX $75.83 +0.53 0.7% 9,875,589 NYSE. The biggest decliner dollar-wise was Boeing BA $72.61 -0.92 1.25% 5,884,789 NYSE and percentage-wise was Cisco CSCO $26.03 -0.62 2.33% 54,748,425 NASDAQ-GS.
As of the open of the market Wednesday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132319125 unchanged, the trailing P/E ratio is 17.01 up from Tuesday's 16.99 (year ago it was 25.23) the P/E estimate is 13.85 unchanged from Tuesday's 13.85 (year ago it was 20.24) and the current dividend yield is 2.50 unchanged from Tuesday's 2.50 (it was 4.08 a year ago).
Wednesday's Dow Jones Industrial Average closing numerator was 1,436.54 down 6.72 from Tuesday's closing numerator of 1,443.26. 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 Wednesday by the divisor you get the decrease in Tuesday's Dow close of 50.79. A $1 change in the price of any DJIA stock = a 7.56 change in the average.
The average closing price (the closing numerator divided by 30) of Wednesday's Dow Jones Industrial Average was $47.88 down 0.22 from Tuesday's Dow Jones Industrial Average closing price of $48.10. The median closing price of Wednesday's Dow Jones Industrial Average was 43.00 up 0.07 from Tuesday's median closing price of $42.93. The lowest volume was Travelers TRV $53.94 +0.01 0.02% 3,357,022 NYSE and the highest volume again was Bank of America BAC $BAC $17.85 +0.09 0.51% 114,250,344 NYSE.
If Wednesday 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 $660 ($144,300 - $143,640).
Market Watch 3/31/10 5:11 pm By Kate Gibson says U.S. stocks on Wednesday wrapped up a positive month and an even better first quarter that had corporate America reporting results that easily topped year-ago comparisons. Up nearly 5% for the three-month period, the S&P 500 finished its best first quarter in 12 years.
The Dow Jones Industrial Average (INDU 10,856, -50.94, -0.47%) lost 50.79 points, or 0.5%, for the session to close at 10,856.63. It gained 5.1% for the month and 4.1% for the quarter. Twenty-four of the blue-chip index's 30 components tallied losses Wednesday, with Cisco Systems Inc. (CSCO 26.15, +0.12, +0.46%) fronting decliners with a drop of 2.3%. The S&P 500 Index (SPX 1,169, -3.84, -0.33%) fell 3.84 points, or 0.3%, to 1,169.43, with consumer-discretionary shares the session's worst performer and energy up the most. The S&P 500 tallied a monthly gain of 5.9% and a quarterly advance of 4.9%. The performance is the index's best since the first quarter of 1998, when the S&P 500 rose 13.5%. The Nasdaq Composite Index lost 12.73 points, or 0.5%, to 2,397.96 for the session, leaving it with a 7.1% gain for March and 5.7% rise for the quarter. Equities had vacillated between gains and losses much of the session as rising stocks in natural-resource firms countered a report of more layoffs, to the chagrin of investors looking for a positive tally in the upcoming monthly employment report. The payrolls firm ADP reported employers shed 23,000 jobs this month, giving a bleaker-than-expected view of the labor market, and roiling nerves ahead of the Labor Department's monthly employment report, which is expected to show the economy added jobs. Notable sector laggards included Ford Motor Co. (F 12.65, +0.08, +0.64%) , down 5.4%, and Lennar Corp. (LEN 17.21, -0.84, -4.65%) , off 4.7%. Stand-outs among energy firms included Diamond Offshore Drilling Inc. (DO 88.61, -0.20, -0.23%) , up 4%, and Pioneer Natural Resources Inc. (PXD 56.32, +1.59, +2.91%), which rose 2.9%. Other assets advanced as well, with crude-oil futures on Wednesday ending at $83.76 a barrel, a 5.5% rise for the quarter. Gold futures finished at $1,114.5 an ounce, up 1.7% for the three-month period. The dollar has also advanced during the quarter, with the dollar index (DXY 80.99, -0.08, -0.10%) up about 4% for the period. For every two stocks that gained three lost ground on the New York Stock Exchange, where trading volume was light, as to be expected in a holiday week, with composite volume just below 4.9 billion. Investors also bid on some newly public companies. Among them, the public debut of shipping company Scorpio Tankers Inc. (STNG 12.54, -0.44, -3.38%) did not go as well as hoped, with shares falling 3.3%. After the close, Citigroup Inc. (C 4.07, +0.02, +0.49%) was scheduled to wrap up its spinoff of insurer Primerica (PRI 0.00, 0.00, 0.00% , which will begin trading Thursday under the ticker "PRI." Read more about giant leap for life insurer.
Wednesday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
AT&T T $25.84 -0.11 0.42% 36,707,609 NYSE
Alcoa AA $14.24 -0.16 1.11% 23,325,270 NYSE
American Express AXP $41.26 -0.03 0.07% 6,883,008 NYSE
Bank of America BAC $17.85 +0.09 0.51% 114,250,344 NYSE
Boeing BA $72.61 -0.92 1.25% 5,884,789 NYSE
Chevron CVX $75.83 +0.53 0.7% 9,875,589 NYSE
Cisco CSCO $26.03 -0.62 2.33% 54,748,425 NASDAQ-GS
Coca-Cola KO $55 +0.13 0.24% 11,461,001 NYSE
Disney DIS $34.91 -0.19 0.54% 10,789,476 NYSE
DuPont DD $37.24 -0.54 1.43% 8,267,316 NYSE
ExxonMobil XOM $66.98 -0.07 0.1% 22,352,566 NYSE
GE $18.2 -0.10 0.55% 59,205,905 NYSE
Hewlett-Packard HPQ $53.15 -0.11 0.21% 12,855,733 NYSE
Home Depot HD $32.35 -0.34 1.04% 10,343,069 NYSE
Intel INTC $22.29 -0.05 0.22% 45,988,628 NASDAQ-GS
IBM $128.25 -0.52 0.4% 4,904,711 NYSE
J.P.Morgan Chase JPM $44.75 +0.17 0.38% 39,046,227 NYSE
Johnson & Johnson JNJ $65.2 +0.30 0.46% 11,939,078 NYSE
Kraft KFT $30.24 -0.26 0.85% 8,654,013 NYSE
McDonald's MCD $66.72 -0.52 0.77% 5,765,742 NYSE
Merck MRK $37.35 -0.31 0.82% 12,966,368 NYSE
Microsoft MSFT $29.2875 -0.4825 1.62% 63,762,620 NASDAQ-GS
Pfizer PFE $17.15 -0.11 0.64% 59,032,353 NYSE
Procter & Gamble PG $63.27 -0.39 0.61% 8,194,089 NYSE
3M MMM $83.57 -0.71 0.84% 4,336,635 NYSE
Travelers TRV $53.94 +0.01 0.02% 3,357,022 NYSE
United Technologies UTX $73.61 -0.52 0.7% 3,761,566 NYSE
Verizon VZ $31.02 -0.21 0.67% 21,436,254 DualListed
WalMart WMT $55.6 -0.31 0.55% 9,966,853 NYSE
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The following are excerpts from Wed. morning's Blog:
A read of Wednesday's Wall St. Journal, Financial Times, New York Times, USA Today & Atlanta Journal & Constitution 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 Tuesday's stock prices and related data.
Dow:The Dow Jones Industrial Average closed Tuesday at 10,907.42 up 11.56 or 0.11% from Monday's close of 10,895.86. Of the 30 Dow Companies: 15 gained and 15 declined. year to date the Dow is up 4.60%. The biggest gainer dollar-wise and percentage-wise was MMM $84.28 +2.92 3.59% 8,704,528 NYSE. The biggest decliner dollar-wise was Travelers TRV $53.93 -0.83 1.52% 3,517,496 NYSE and percentage-wise was AT&T T $25.95 -0.56 2.11% 52,252,054 NYSE.
WSJ pC1 "DJIA, Up 4.6% for Quarter With Day to Go" by Peter McKay says hope for a new partnership between Apple and Verizon Commuications boosted the tech sector, which led a slight stock market gain.
USA Today p4B "Stocks rise as first quarter nears end" by AP says stocks edged higher Tues. after investors made last minute portfolio adjustments before the end of the quarter. Citigroup fell as investors worried about the fed's plan to sell billions of shares over '10. Bank of America was also weak falling 1.6%.
WSJ pC5 "Apple's Verizon Call, Danaher Provide Lift" by Donna Yesalavich says stocks closed higher Tues as hpes for an Apple iPhone that would work on the wireless network from Verizon Communications lifted the tech sector, while a guidance increase from diversified manufacturer Danaher boosted industrials. Divesified manufacturer 3M was the Dow's best performer afer Danaher, another diversified manufacturer, raised its first quarter earnings outlook.
Fin Times p26 "Investors shrug off home price & confidence data" by Masa Serdarevic says US stocks closed marginally higher as investors mostly discounted slightly better than expected home price and consumer confidence data, and found relatively little to focus on the way of corporate news. Energy stocks pulled back as ExxonMobil declined 0.4% and Chevron lost 0.1%. JPMorgan was down 0.6% and BofA was off 1.6%.
NYT pB9 "Tech Sector Rally Helps Wall St. Stay Positive" by Javier Hernandez says Wall St. ended slightly higher on Tues. as an energized tech sector helped offset worries about foreign debt.
AJC pA15 says the stock market moved closer to closing out aother strong quarter with a modest advance Tues. The Dow is on track for its best first quarter performance since '99.
Tuesday's Dow Jones Industrial Average closing numerator was 1,443 up 2 from Monday's closing numerator of 1441. 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 Tuesday by the divisor you get the increase in Monday's Dow close of 11.56. A $1 change in the price of any DJIA stock = a 7.56 change in the average.
The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was $48.10 up 0.04 from Monday's Dow Jones Industrial Average closing price of $48.06. The median closing price of Tuesday's Dow Jones Industrial Average was 42.93 down 0.24 from Monday's median closing price of $43.17. The lowest volume was United Technologies UTX $74.13 +0.13 0.18% 2,876,091 NYSE and the highest volume again was Bank of America BAC $17.76- 0.28 1.55% 144,281,883 NYSE.
If Tuesday 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 $120 ($144,300 - $144,180).
Market Watch 3/30/10 5:01 pm By Kate Gibson says U.S. stocks meandered for most of Tuesday's session to finish fractionally higher on Tuesday, after a two-day climb and a shortened trading week kept investors cautious ahead of Friday's key jobs report. Crude oil is close to completing a bullish head-and-shoulders continuation pattern, and a sustained break above the $82.75 per barrel neckline would prompt a further 5% to 6% rally to the $87 upside target. Ahead of the official government tally of nonfarm payrolls Friday, the market will receive Wednesday an estimate of March private-sector employment by payroll-processing firm ADP. But with the stock market closed Friday, its response to the jobs report will be delayed until Monday.
The Dow Jones Industrial Average (INDU 10,907, +11.41, +0.11%) ended on a small gain, up 11.56 points, or 0.1%, at 10,907.42, with its 30 components evenly divided between gainers and decliners. After four sessions of gains, the blue-chip average finished at fresh 18-month highs. The Dow is up 5.6% for the nearly ended month and 4.6% for the quarter. Verizon Communications Inc. (VZ 31.40, +0.17, +0.54%) gained 2.6%, making it Tuesday's second best Dow performer, on a Wall Street Journal report that Apple Inc. (AAPL 235.66, -0.19, -0.08%) is developing a version of its iPhone designed to work over the wireless carrier's network. Financial stocks were among the hardest blue-chips hit, with Bank of America Corp. (BAC 17.74, -0.02, -0.11%) off 1.6% and J.P. Morgan Chase & Co. (JPM 44.61, +0.03, +0.07%) down 0.6%. The sector fell as Standard & Poor's cut Iceland's credit rating and after Greece failed to sell half of the government bonds it offered. Also, news that Gartmore Group, a London-based asset manager, had suspended a fund manager due to "breaches of internal procedures directing trade" was cited as a potential market factor by Peter Boockvar, equity strategist at Miller Tabak & Co. The S&P 500 Index (SPX 1,173, -0.05, 0.00%) rose fractionally to 1,173.27, with technology the best performer while financials held back the advance. The broad index seems to revert lower once it gets to the 1,172 to 1,174 range. The technology-heavy Nasdaq Composite Index p (COMP 2,411, +6.33, +0.26%) added 6.33 points to 2,410.69. Home Depot Inc. (HD 32.69, +0.09, +0.28%) edged 0.3% higher after the S&P/Case-Shiller index of home prices beat expectations. The 20-city home-price index in January fell 0.7% from the prior year, the smallest annual drop in nearly three years, while prices rose 0.3% from December to January. Separately, the Conference Board's consumer-confidence index climbed to 52.5 in March, recouping nearly half of the almost 11 points it shed last month. Advancers beat decliners 15 to 14 on the New York Stock Exchange, where 907 million shares changed hands; composite volume neared 4.3 billion. The dollar rose, with an index contrasting the greenback against six major rivals, at 81.483, up from 81.344 late Monday. Treasury yields hovered near multi-month highs, with the benchmark 10-year note (UST10Y 3.86, -0.01, -0.21%) rising 1 basis point to 3.861%. On the New York Mercantile Exchange, crude-oil futures ended 24 cents higher at $82.37 a barrel ahead of data on U.S. petroleum inventories, while gold for June delivery ended down $5.80 at $1,105.70 an ounce.After a four-week advance, the major indexes are headed to a fourth consecutive quarterly rise
Tuesday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
AT&T T $25.95 -0.56 2.11% 52,252,054 NYSE: WSJ pB1 "AT&T Prepares Network for Battle" by Niraj Sheth, USA Today "Antipation rises for new iPHone model" by Jefferson Graham & AJC pA14 "Verizon report sends Apple shares to a high" says a newspaper report said Apple's iPHone could find a new US sales outlet through Verizon Wireless. Since '07, the iPhone has only been available in the US to AT&T customers. AT&T uses a cellular network tech called GSM. WSJ story says AT&T has taken a beating from consumers who have complained about poor coverage in major cities like NYC and San Fran.
WSJ pC16 "Apple Won't be Bruised by the iPHone Fight" by Martin Peers says there is a good chance that Verizon Wireless' network will get overloaded like At&T's if it gets the iPhone from AT&T.
NYT pB1 "A Wide Call To Improve Web Privacy" by Miguel Helft says a coaltion of tech firms, inclduing AT&T, Google and Microsoft will push Congress to stengthen online privacy laws to protect private digital info from gov access. The group calls itself the Digital Due Process coaltion, and wants to ensure that as people move private documents from filing cabinetss to the Web, they are safe from the gov.
Alcoa AA $14.4 -0.04 0.28% 24,014,496 NYSE: No mentions found.
American Express AXP $41.29 -0.19 0.46% 5,561,293 NYSE: No mentions found.
Bank of America BAC $17.76- 0.28 1.55% 144,281,883 NYSE: USA Today p4B "Stocks rise as first quarter nears end" by AP says stocks edged higher Tues. after investors made last minute portfolio adjustments befoe the end of the quarter. Citigroup fell as investors worried about the fed's plan to sell billions of shares over '10. Bank of America was also weak falling 1.6%.
WSJ pC16 "Overheard" says Bank of America's building of a large building in NYC and the fact that CEO Brian Moynihan lives in Boston and spend a lot of time in NYC means the focus of BofA is shifting from Charlotte to NYC.
WSJ pC5 charts BAC says big banks and regionals were down after a bvearish IMF comment about the German economy.
NYT pB3 "Bof A and Merrill Accused fo Bias" by AP says a lawsuit in NY was filed by 3 female fin'l advisors accusing Merrill Lynch of discriination based on gender.
Boeing BA $73.53 -0.58 0.78% 4,381,292 NYSE: No mentions found.
Caterpillar CAT $63.16 -0.32 0.5% 6,183,157 NYSE: No mentions found.
Chevron CVX $75.3 +0.07 0.09% 6,378,514 NYSE: WSJ pB3 "Essar Is Rethinking Deal For Shell Oil Refineries" by Amol Sharma says oil firms are struggling with low profit margins due to depressed demand for fuel and that is why majors like Shell and Chevron have put some refinery assets up for sale.
Cisco CSCO $26.65 +0.14 0.53% 32,975,933 NASDAQ-GS: USA Today p3B "Cisco makes home Wi-Fi easier to do" by Jefferson Graham says Cisco releases today its first consumer router, the $99 and $149 Valet, that will take the hassle out of setup and automatically puts a home wireless network together.
WSJ pD3 "Feeling at Home With a Router" by Katherine Boehret gives a good review of Cisco's new Valet.
Coca-Cola KO $54.87 +0.10 +0.18% 6,815,741 NYSE: No mentions found.
Disney DIS $35.1 -0.06 -0.17% 17,201,746 NYSE: WSJ pB1 "Three 3D Attractios Vie For Tight Supply of Screens" b Lauren Schuker says one of the three movies is Disney's "Alice in Wonderland."
DuPont DD $37.78 +0.06 0.16% 6,226,922 NYSE: No mentions found.
ExxonMobil XOM $67.05 -0.25 0.37% 17,746,851 NYSE: Fin Times p26 "Investors shrug off home price & confidence data" by Masa Serdarevic says US stocks closed marginally higher as investors mostly discounted slightly better than expected home price and consumer confidence data, and found relatively little to focus on the way of corporate news. Energy stocks pulled back as ExxonMobil declined 0.4% and Chevron lost 0.1%. JPMorgan was down 0.6% and BofA was off 1.6%.
GE $18.3 -0.10 0.54% 53,161,956 NYSE: No mentions found.
Hewlett-Packard HPQ $53.26 +0.29 0.55% 10,143,164 NYSE: WSJ pB4 Intel's New Chip Aimed at Big Servers" by Don Clark says Intel has completed a overhaul of its chips for big servers and is trying to move its technology for retail consumers into big business and governments. It had developed with Hewlett-Packard some years ago a separate chip line called Itanium that helps prevent computer crashes but this new chip called Xeon improves on it. The new Xeon 7500 models will appeal to custoemrs who use Microsoft's Windows oepating system, Linux or Solaris.
Home Depot HD $32.69 +0.09 0.28% 8,666,564 NYSE: No mentions found.
Intel INTC $22.34 +0.01 0.04% 37,720,726 NASDAQ-GS: WSJ pB4 Intel's New Chip Aimed at Big Servers" by Don Clark says Intel has completed a overhaul of its chips for big servers and is trying to move its technology for retail consumers into big business and governments. It had developed with Hewlett-Packard some years ago a separate chip line called Itanium that helps prevent computer crashes but this new chip called Xeon improves on it. The new Xeon 7500 models will appeal to custoemrs who use Microsoft's Windows oepating system, Linux or Solaris.
IBM $128.77 +0.18 0.14% 3,426,538 NYSE: WSJ pB3 "Jury Decies Novell has Unix Copyrights" by Ashby ones says 2 key Unix copyrights belong to Novell and not to SCO Group and the rukling could hurt SCO's lawsuit filed against IBM in '03 alleging that it stole a Unilx license.
J.P.Morgan Chase JPM $44.58 -0.28 0.62% 30,296,245 NYSE: Fin Times p26 "Investors shrug off home price & confidence data" by Masa Serdarevic says US stocks closed marginally higher as investors mostly discounted slightly better than expected home price and consumer confidence data, and found relatively little to focus on the way of corporate news. Energy stocks pulled back as ExxonMobil declined 0.4% and Chevron lost 0.1%. JPMorgan was down 0.6% and BofA was off 1.6%.
Johnson & Johnson JNJ $64.9 +0.08 0.12% 8,311,541 NYSE: WSJ pB3 "J&J Unit Gets an Offer for Breat Care Biz" by Tess Stynes says GTCR Golder Rauner LLC has offered to buy JNJ's Ethicon EndoSurgery division's breast care biz, which sells products to help diagnose breast cancer in its early stages.
Kraft KFT $30.5 -0.04 0.13% 9,197,638 NYSE: No mentions found.
McDonald's MCD $67.24 +0.17 0.25% 5,093,440 NYSE: WSJ pB4 "Tentacles fo Octopus Push to China" by Jonathan Cheng says Octopus is a smart card that allows customers to pay with a plastic card and says 7-11 and McDonald's accept Octopus payments in Hong Kong.
Merck MRK $37.66 -0.23 0.61% 9,921,077 NYSE: No mentions found.
Microsoft MSFT $29.77 +0.18 0.61% 34,955,671 NASDAQ-GS: AJC pA14 "Microsoft wins dismissal of Novell antitrust suit" says the lawsuit filed by Novell blamed MSFT for undermining its WordPerfect program. it was the last private antitrust action against MSFT.
Pfizer PFE $17.26 -0.02 0.12% 41,833,012 NYSE: No mentions found.
Procter & Gamble PG $63.66 -0.07 0.11% 6,113,599 NYSE: WSJ pB14 "Expecting a Consumer Bounce, Georgia-Pacific Invests in Tissue" by Ellen Byron says Procter & Gamble's CEO Robert McDonald told analysts in Jan. that it is not true that the economy is causing everyone to trade down to cheaper products.
3M MMM $84.28 +2.92 3.59% 8,704,528 NYSE: WSJ pC5 "Apple's Verizon Call, Danaher Provide Lift" by Donna Yesalavich says stocks closed higher Tues as hpes for an Apple iPhone that would work on the wireless network from Verizon Communications lifted the tech sector, while a guidance increase from diversified manufacturer Danaher boosted industrials. Divesified manufacturer 3M was the Dow's best performer afer Danaher, another diversified manufacturer, raised its first quarter earnings outlook.
Travelers TRV $53.93 -0.83 1.52% 3,517,496 NYSE: No mentions found.
United Technologies UTX $74.13 +0.13 0.18% 2,876,091 NYSE: No mentions found.
Verizon VZ $31.23 +0.78 2.56% 44,278,290 Dual Listed: AJC pA14 "Verizon report sends Apple shares to a high" says a newspaper report said Apple's iPHone could find a new US sales outlet through Verizon Wireless. Since '07, the iPhone has only been available in the US to AT&T customers. AT&T uses a cellular network tech called GSM.
WSJ pC16 "Apple Won't be Bruised by the iPHone Fight" by Martin Peers says there is a good chance that Verizon Wireless' network will get overloaded like At&T's if it gets the iPhone from AT&T.
Walmart WMT $55.91 +0.17 0.3% 6,941,270 NYSE: WSJ pC1 "Dollar General Flexing Its Discount Muscle" by Kelly Evans says Dollar stores are luring shoppers from supermarkets, drug stores and WalMart.
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Here are the current CEOs of the Dow 30 Companies:
AT&T T Randall L. Stephenson
Alcoa AA Klaus Kleinfeld
American Express AXP Kenneth I. Chenault
Bank of America BAC Brian T. Moynihan
Boeing BA W. James McNerney, Jr.
Caterpillar CAT Douglas Oberhelman
Chevron CVX John Watson
Cisco CSCO John Chambers
Coca Cola KO Muhtar Kent
Disney DIS Robert Iger
DuPont DD Ellen Kullman
ExxonMobil XOM Rex W. Tillerson
GE Jeffrey R. Immelt
Hewlett-Packard HPQ Mark Hurd
Home Depot HD Frank Blake
Intel INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPMorgan Chase JPM Jamie Dimon
Johnson & Johnson JNJ William C. Weldon
Kraft KFT Irene Rosenfeld
McDonald's MCD Jim Skinner
Merck MRK Robert Clark
Microsoft MSFT Steve Ballmer
Pfizer PFE Jeffrey Kindler
Procter & Gamble PG Bob McDonald
3M MMM George W. Buckley
Travelers TRV Jay S. Fishman
United Technologies UTX Louis Chenevert
Verizon VZ Ivan Seidenberg
Wal-Mart WMT Mike Duke
Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest billion as of 4/1/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $317 [5]
2. Microsoft MSFT 257 [9]
3. WalMart WMT 212 [4]
4. GE 200 [10.5]
5. Procter & Gamble PG 184 [3]
6. Johnson & Johnson JNJ 180 [3]
7. BAC 179 [10]
8. JPMorgan Chase 178 [4]
9. IBM 167 [1]
10. AT&T 153 [6]
11. Chevron CVX 152 [2]
12. Cisco CSCO 149 [6]
13. Pfizer PFE 138 [8]
14. Coke KO 127 [2]
15. Hewlett-Packard HPQ 125 [2]
16. Intel INTC 123 [5.5]
17. Merck MRK 116 [3]
18. Verizon VZ 88 [3]
19. McDonald's MCD 72 [1]
20. United Technologies UTX 69 [1]
21. Disney DIS 67 [2]
22. 3M MMM 59 [.5]
23. Home Depot 55 [2]
24. Boeing BA 55 [1]
25. American Express AXP 49 [1]
26. Kraft KFT 45 [1.5]
27. Caterpillar CAT 39 [.5]
28. DuPont DD 34 [1]
29. Travelers 27 [.5]
30. Alcoa AA 15 [1]
Here are the latest SEC filings as of 4/1/10 market open other than ownership filings, registration of shares for employee benefit plans, free writing prospectuses 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: 3/26/10 8K re: its intent to take a non-cash charge of approximately $1 billion in the first quarter of 2010 to reflect the impact of the health care reform legislation.
Alcoa AA: 3/2/10 Add'l def. proxy materials
American Express AXP: 3/18/10 Add'l def. proxy materials
Bank of Am BAC: 3/17/10 Add'l def. proxy materials
Boeing BA: 3/31/10 8K re: charge off re: income tax charge of approximately $150 million as a result of the Patient Protection and Affordable Care Act, as modified by the Health Care and Education Reconciliation Act.
Caterpiller CAT: 3/24/10 8K re: charge off as a result of the Patient Protection and Affordable Care Act (H.R. 3590) signed into law on March 23, 2010
Chevron CVX: 3/31/10 Add'l def. proxy soliciting material
Cisco CSCO: 2/17/10 10Q Quarterly Report
Coke KO: 3/22/10 8K re: transactions related to CCE transaction.
Disney DIS: 3/16/10 8K re: amendment to stock option plan & by-laws
DuPont DD: 3/19/10 Def. add'l proxy materials
ExxonMobil XOM: 3/29/10 8K re: its 2009 Financial and Operating Review
GE: 3/25/10 8K re: credit agreement with lenders led by JPMorgan Chase re: the transaction wherein GE and Comcast will form a joint venture which will consist of the NBCU businesses and Comcast’s cable networks.
Hewlett-Packard HPQ: 3/23/10 8K re: amendment of its Stock Incentive Plan
Home Depot HD: 3/25/10 10K Annual Report
Intel INTC: 3/22/10 8K re: John Thornton will not stand for reelection at the Company’s Annual Stockholders’ Meeting to be held on May 19, 2010
IBM: 3/25/10 Add'l def. proxy soliciting materials
JPMorganChase JPM: 3/31/10 Def. add'l proxy materials
Kraft KFT: 3/30/10 Definitive Add'l Proxy material
McDonalds MCD: 3/9/10 8K re: Press release "McDonald’s Global Comparable Sales Increased 4.8% in February"
Merck MRK: 3/11/10 8K re: amendment to the Call Option Agreement among Merck, Merck Sharp & Dohme and sanofi-aventis re: the option granted by Merck to sanofi-aventis to acquire 50% of Merck’s animal health business.
Microsoft MSFT: 1/28/10 10Q.
Pfizer PFE: 3/16/10 Add'l Proxy Materials
Procter & Gamble PG: 2/18/10 8K re: FD disclosures re: guidance given at an analyst conference
3M MMM: 3/26//10 8K re: one-time charge it expects to take in the first quarter of 2010 as a result of the Patient Protection and Affordable Care Act signed by the President on March 23, 2010.
Travelers TRV: 3/17/10 Add'l Proxy Materials
United Technologies UTX: 3/24/10 Add'l proxy solicitation materials
2/26/10 Def. Proxy Statement
Verizon Communications Inc. VZ: 3/30/10 Proxy Statement
WalMart WMT: 3/30/10 10K Annual Report