www.DowJonesMonitor.com
The following is not intended as advertising by a broker-dealer and is not a research report. Any comments by third-parties do not reflect the views of Intellivest Securities Research, Inc. and have not been reviewed by us for completeness or accuracy.
Post No. 418. 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 5/1/10 and an update of the Dow 30 component's most recent SEC filings as of 4/1/10.
The Dow Jones Industrial Average closed Thursday at 10,520.32 down 347.8 or 3.2% from Wednesday's close of 10,868.12. Of the 30 Dow Companies all 30 declined. The biggest decliner dollar-wise was IBM $123.92 -3.43 2.69% 13,166,020 NYSE NYSE and percentage-wise was Bank of America BAC 16.28 -1.25 7.13% 463,383,725 NYSE.
As of the open of the market Thursday, 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 16.01 down from Wednesday's open of 16.09 (year ago it was 37.01) the P/E estimate is 13.95 unchanged from Wednesday's 13.95 (year ago it was 22.77) and the current dividend yield is 2.52 up from Wednesday's 2.50 (it was 3.61 a year ago). The Dow's all-time high was 14,164.53 on Oct. 9, 2007.
Thursday's Dow Jones Industrial Average closing numerator was 1,392.04 down 46.02 from Wednesday's closing numerator of 1,438.06. 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 of 46.02 for Thursday by the divisor (0.132319125) you get thede crease in Thursday's Dow of 347.8. 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 Thursday's Dow Jones Industrial Average was $46.40 1.54 from Wednesday's Dow Jones Industrial Average average closing price of $47.94. The median closing price of Thursday's Dow Jones Industrial Average was 41.66 down 1.86 from Wednesday's median closing price of $43.53. The lowest volume was Travelers TRV $49.8 -0.82 1.62% 9,009,779 NYSE and the highest volume again was Bank of America BAC $16.28 -1.25 7.13% 463,383,725 NYSE.
If Thursday 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 $4,620 ($143,820 - 139,200).
Market Watch Wed. 5/6/10 5:11 p.m. by Kate Gibson says US stocks ended with steep losses Thursday after an afternoon meltdown had the Dow falling nearly 1,000 points - its biggest intraday drop ever - before a comeback of sorts, as Europe's troubles took hold on Wall Street and amid talk errant trades exacerbated the swift selloff.
At the worst of the afternoon freefall, the major stock indexes were all down 8%, with the Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (INDU 10,520, -347.87, -3.20%) diving 992.6 points before halting its decline, finishing at 10,520.32, off 347.8 points, or 3.2%. As equities fell the most in more than a year, 10-year treasury notes rallied, with yields dropping the most since September 2008 and the euro falling to a new 14-month low against the U.S. dollar, below $1.26. The finish marked the Dow's biggest point drop since Feb. 10, 2009 and largest percentage decline since April 20, 2009, according to preliminary data from Dow Jones Indexes. The S&P 500 Index (SPX 1,128, -37.72, -3.24%) fell 37.72 points, or 3.2%, to 1,128.15, the worst day for the index since it fell more than 4% on April 20, 2009, according to Standard & Poor's Howard Silverblatt. The Nasdaq Composite (COMP 2,320, -82.65, -3.44%) declined 82.65 points, or 3.4%, to 2,319.64.
Analysts compared the day's trade to the market's reaction to low points in the 2008 financial crisis. More than 17 stocks fell for every one that gained on the New York Stock Exchange, where nearly 2.6 billion shares traded and composite volume topped 10.7 billion. As analysts sifted through the details of the day's yo-yo action, a brief plunge in Procter & Gamble Co.(PG 60.52, -0.23, -0.38%) and other shares, including S&P 500 index futures, came into focus.As Greece looked to a $144 billion rescue from the International Monetary Fund 15 other nations that use the euro to help cover its debt, some questioned if some of the nations helping foot the bill -- namely Portugal and Spain -- would eventually need to be bailed out as well.
U.S. economic data was mixed, while retailers reported April sales slowed from March's robust gains, with a majority of those reporting missing expectations.
Gap Inc. (GPS 22.91, -1.77, -7.17%) was among the underperformers, its shares down 7.2% after the apparel chain reported same-store sales dropped 3%.
INDU 10,520, -347.87, -3.20% Abercrombie & Fitch Co.(ANF 40.75, +0.30, +0.74%) shares declined 8.6% after the teen-clothing seller after its same-store sales fell 7%. Ahead of Friday's jobs report for April, the Labor Department reported initial claims for unemployment benefits fell by 7,000 last week to 444,000.
The government data is expected to show the U.S. economy added between 189,000 to 200,000 jobs last month, while the rate of unemployment held at 9.7%.
Separately, the Labor Department on Thursday said U.S. productivity climbed 3.6% in the first quarter.In Washington, Treasury Secretary Timothy Geithner and former Treasury Secretary Henry Paulson pitched financial reform, telling a fact-finding panel the economic crisis came in large part because regulators didn't have the power to limit risk
Thursday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
At&T T $25.14 -0.63 2.44% 67,734,232 NYSE
Alcoa AA $11.94 -0.52 4.17% 59,031,035 NYSE
American Express AXP $42.5 -1.93 4.34% 22,441,536 NYSE
Bank of America BAC $16.28 -1.25 7.13% 463,383,725 NYSE
Boeing BA $67.97 -3.03 4.27% 13,769,115 NYSE
Caterpillar CAT $63.5 -2.46 3.73% 19,359,950 NYSE
Chevron CVX $77.2 -2.99 3.73% 21,058,032 NYSE
CSCO $25.488 -1.062 4% 97,876,101 NASDAQ-GS
Coke KO $52.3 -1.36 2.53% 23,955,273 NYSE
Disney DIS $34.01 -1.33 3.76% 25,181,134 NYSE
DuPont DD $36.69 -1.18 3.12% 12,147,911 NYSE
Exxon XOM $63.89 -2.28 3.45% 57,693,915 NYSE
GE $17.31 -0.79 4.36% 181,696,358 NYSE
Hewlett-PackardHPQ $48.33 -2.60 5.11% 37,928,563 NYSE
Home Depot HD $33.96 -1.28 3.63% 31,182,090 NYSE
Intel INTC $21.51 -0.6625 2.99% 160,563,366 NASDAQ-GS
IBM $123.92 -3.43 2.69% 13,166,020 NYSE
JPMorgan JPM $40.81 -1.87 4.38% 78,072,753 NYSE
Johnson & John JNJ $63.4 -1.74 2.67% 24,284,503 NYSE
KFT $29.21 -0.54 1.82% 20,815,925 NYSE
McDonalds MCD $69.42 -1.24 1.75% 16,488,468 NYSE
MRK $34.27 -1.32 3.71% 30,769,216 NYSE
Microsoft MSFT $28.98 -0.87 2.91% 128,503,570 NASDAQ-GS
Pfizer PFE $16.74 -0.44 2.56% 118,689,452 NYSE
Procter & Gamb PG $60.75 -1.41 2.27% 28,544,819 NYSE
MMM $84.24 -2.35 2.71% 9,155,741 NYSE
Travelers TRV $49.8 -0.82 1.62% 9,009,779 NYSE
United Tech UTX $71.24 -2.35 3.19% 9,255,923 NYSE
Verizon VZ $28.01 -0.67 2.34% 39,473,862 DualListed
WalMart WMT $53.23 -1.54 2.81% 24,066,906 NYSE
**********************
The following are excerpts from Thurs. morning's Blog.
A read of Thursday'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 Wednesday's stock prices and related data.
Dow:The Dow Jones Industrial Average closed Wednesday at 10,868.12 down 58.65 or 0.542% from Tuesday's close of 10,926.77. For the year the Dow is up 4.22%. Of the 30 Dow Companies: 9 gained and 21declined. The biggest gainer dollar-wise and percentage wise was WalMart WMT $54.77 +0.75 1.39% 16,609,823 NYSE. The biggest decliner dollar-wise was Boeing BA $71 -1.79 2.46% 5,509,124 NYSE and percentage-wise was Disney DIS $35.34 -1.25 3.42% 17,964,631 NYSE.
WSJ pC1 "Dow Drops 8.65 on Europe Credit Concerns" by Peter McKays says stocks suffered a second decline in a row, oil slid below $80 a barrel and the euro hit a 14 month low versus the dollar as investors remained fearful of potential ripple effects from Europe's credit crisis. Violent protests in Greece over austerity measures left traders worried the debt laden nation's plan may get derailed before it even begins.
WSJ pC5 "Disney Sinks 3.4%; GE Follows Suit" by Donna Yesalavich says stocks fell, extending their slide as a downgrade warning on Portugal and riots in Greece highlighted worries over eurozone debt, sending investors out for riskier assets. Walt Disney, American Express and GE were among the more significant decliners.
NYT pB4 "European Debt Keeps Pressure On Wall St." by David Jolly, Landon Thomas says borrowing costs for Europe's more vulnerable nations rose on Wed while stocks and the euro fell, as the possibilityof a new credit downgrade for Portugal underscored fears that efforts to conain the debt crisis to Greece were failing.
Fin Times p26 "Indices trim losses but remain firmly in negative territory" by Masa Serdarevic says concerns about the fiscal and political situations in Europe pushed US stocks lower for the 2nd day, with the Nasdaq suffering its biggest 2 day loss since Mar. '09, but the session ended with stocks well above the day's lows. Warehouse chain Costco added 1.2% while discount Walmart was 1.4% higher and Supervalu climbed 1.6%.
USA Today p4B "Markets slip again on Greek troubles" by Bloomberg says stocks slid Wed sending the S&P 500 to a 6 week low. Disney, American Express and Ge led losses in the Dow after European Central Bank council member Axel Weber said there was a threat of grave contagion effects from the debt crisis.
Wednesday's Dow Jones Industrial Average closing numerator was 1,438.06 down 7.76 from Tuesday's closing numerator of 1,445.82. 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 of 7.76 for Wednesday by the divisor (0.132319125) you get the decrease in Wednesday's Dow of 58.65. 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 $47.94 down 0.25 from Tuesday's Dow Jones Industrial Average average closing price of $48.19. The median closing price of Wednesday's Dow Jones Industrial Average was 43.53 down 0.64 from Tuesday's median closing price of $44.17. The lowest volume was Travelers TRV $50.62 +0.62 1.24% 4,062,744 NYSE and the highest volume again was Bank of America BAC $17.53- 0.03 0.17% 194,968,097 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 $750 ($144,570 - $143,820).
Market Watch Wed. 5/5/10 5:06 p.m. by Kate Gibson says US stocks fell for a second day Wednesday as worries that Europe's debt trouble is escalating overshadowed economic reports showing growth in the services sector and additional hiring by private firms. After a triple-digit slide and then a brief visit to positive territory, the Dow Jones Industrial Average (INDU 10,867, -59.86, -0.55%) closed down 60 points, or 0.6%, to 10,866.83. Stocks reacted to heightened concerns over Europe as violence erupted in Greece and a possible downgrade loomed over Portugal's debt. Twenty of the index's 30 components posted losses, led by consumer firm Walt Disney Co. (DIS 35.43, +0.09, +0.26%) and credit-card company American Express Co. (AXP 44.40, -0.03, -0.07%). The Nasdaq Composite Index (COMP 2,402, -21.96, -0.91%) ended 22 points, or 0.9%, lower 2,402.29. The S&P 500 Index (SPX 1,166, -7.73, -0.66%) closed down 7.73 points, or 0.7%, to 1,165.87, with energy and industrials shares down the most and consumer staples leading gainers among its 10 industry groups. For every stock on the rise, roughly four fell on the New York Stock Exchange, where about 1.5 billion shares had traded hands. Composite volume topped 6.9 billion. Among the laggards, shares of Williams Cos. (WMB 22.34, +0.12, +0.54%) fell nearly 5% after the energy company tallied a quarterly loss. But shares of Intercontinental Exchange (ICE 119.07, +0.09, +0.08%) and XL Capital (XL 17.90, -0.09, -0.49%) rallied more than 4% after both financial companies reported earnings that topped expectations. The earnings estimate for the S&P 500 for 2010 has gone from $75 a share at the beginning of the year to $81. Earnings reports slated to arrive after the close included one from JDS Uniphase Corp. (JDSU 12.53, -1.17, -8.54%) . Transocean Ltd. (RIG 73.55, +0.79, +1.09%) , the owner of the rig that blew up ahead of the oil spill in the Gulf of Mexico, was also scheduled to report first-quarter results. Down significantly since the spill, shares of Transocean on Wednesday ended up less than 0.1%. On Tuesday, U.S. equities took their worst hit in three months, battered by investor unease with Greece's prospects and the risk of a broader European financial crisis. Crude prices tumble as energy stocks get rocked by the commodities market, the oil spill in the Gulf of Mexico and bearish weekly inventories data. MarketWatch's Steve Gelsi reports. That uncertainty propelled Europe's shared currency to 13-month lows against the U.S. dollar, with the euro (CUR_EURUSD 1.2815, -0.0002, -0.0156%) falling more than 1% at $1.2827 from $1.3011 in late North American trade on Tuesday. During periods over the past few months, a strengthening dollar has generally translated into lower commodities and equities.
In Athens, three people were reported dead after protests against the government's austerity measures turned violent amid a nationwide strike. Wednesday economic data included ADP's report that private employers had added 32,000 jobs in April, while revisions showed an unexpected rise during the prior month. The data from the payrolls processor come two days ahead of the U.S. government's monthly jobs report, with consensus estimates now calling for an increase of 189,000 in the monthly count coming Friday. Separately, the Institute for Supply Management reported that growth in the U.S. service sector held firm at 55.4% in April, with readings over 50% indicating a majority of firms believe business is getter better as opposed to worse
AT&T T $25.77 -0.13 0.5% 33,486,397 NYSE: No mentions found.
Alcoa AA $12.46 -0.12 0.95% 41,838,424 NYSE: No mentions found.
American Express AXP $44.43 -1.43 3.12% 15,036,038 NYSE: USA Today p1B "Got a Delta branded AmEx card? Check bags free" by Dan Reed says this is another benefit of having such a credit card.
WSJ pC5 "Disney Sinks 3.4%; GE Follows Suit" by Donna Yesalavich says stocks fell, extending their slide as a downgrade warning on Portugal and riots in Greece highlighted worries over eurozone debt, sending investors out for riskier assets. Walt Disney, American Express and GE were among the more significant decliners.
USA Today p4B "Markets slip again on Greek troubles" by Bloomberg says stocks slid Wed sending the S&P 500 to a 6 week low. Disney, American Express and Ge led losses in the Dow after European Central Bank council member Axel Weber said there was a threat of grave contagion effects from the debt crisis.
Bank of America BAC $17.53- 0.03 0.17% 194,968,097 NYSE: AJC pA16 "Bank of America boosts business loans $3 bil" says it loaned $19.4 bil to small and medium sized businesses during 1Qtr, an increase of nearly $3 bil compared with the same period last year.
WSJ pC3 "Cursed? Montag's BofA Stature Grows' by Dan fitzpatrick, Aaron lucchetti says Investment banking and trading chief Thomas Montag's units once churned out more than half the bank's profit in the 1Qtr. The 53 year old Montag's avoidance of any damage from his employment in '07 at Goldman underscores his transformation from survivor to strongman since joining the largest US bank in assets when BofA bought Merrill in Jan '09.
NYT pB6 "A Bank's Ads, Dressed Up in Historical Garb" by Andrew Newman takes a look at Bank of America's commercials on the History channel.
Boeing BA $71 -1.79 2.46% 5,509,124 NYSE: No mentions found.
Caterpillar CAT $65.96 -0.74 1.11% 11,422,626 NYSE: No mentions found.
Chevron CVX $80.19 -0.57 0.71% 13,028,902 NYSE: No mentions found.
CSCO $26.55- 0.0075 0.03% 49,873,950 NASDAQ-GS: No mentions found.
Coke KO $53.66 +0.48 0.9% 11,835,188 NYSE: No mentions found.
Disney DIS $35.34 -1.25 3.42% 17,964,631 NYSE: WSJ pC5 "Disney Sinks 3.4%; GE Follows Suit" by Donna Yesalavich says stocks fell, extending their slide as a downgrade warning on Portugal and riots in Greece highlighted worries over eurozone debt, sending investors out for riskier assets. Walt Disney, American Express and GE were among the more significant decliners.
DuPont DD $37.87 -0.73 1.89% 9,387,829 NYSE: No mentions found.
Exxon XOM $66.17 -0.30 0.45% 30,261,125 NYSE: WSJ pB6 "Dividends Returning to Normal" by Paul Vigna, John Sipman says robust 1Qtr earnings have more firms rasing dividends, a sign that American businesses are ore confident in their prospects. The improved economy is giving firms ranging from Procter & Gamble to IBM the confidence and cash to compensate their shareholders for holding their shares. In April, Exxon Mobil, Johnson & Johnson, IBM and P&G added a combined $1.9 bil a year to their dividends.
GE $18.1 -0.48 2.58% 106,985,993 NYSE: WSJ pC5 "Disney Sinks 3.4%; GE Follows Suit" by Donna Yesalavich says stocks fell, extending their slide as a downgrade warning on Portugal and riots in Greece highlighted worries over eurozone debt, sending investors out for riskier assets. Walt Disney, American Express and GE were among the more significant decliners.
Hewlett-Packard HPQ $50.93 +0.29 0.57% 14,031,539 NYSE: WSJ pB1 "Indian Agency Claims HP Unit Evaded Taxes" by Amol Sharma, Justin Scheck says an Indian gov. agency accused Hewlett-packard of evading $322 mil in taxes, the latest in a string of int'l legal challenges facing HPQ. India says HP avoided paying prope duties on shipments of computers, printers, scanners and other devices into India. Microsoft and its vendors have been accused by authorities of avoiding duties by separating the firm's operating system software into 2 parts - they pysical CD with program code, which is imported at a low value, and a costly software license that can be delivered electronically.
Home Depot HD $35.24 -0.18 0.51% 24,373,753 NYSE: No mentions found.
Intel INTC $22.1725 -0.23 1.03% 96,823,629 NASDAQ-GS: WSJ pB7 "Intel Updates Atom Microprocessor" by Don Clark says Intel announced an updated version of its Atom microprocessor, a mainstay of low-priced portables called netbooks. Some analysts fear that the Atom faces an uphill battle in other in other mobile devices.
IBM $127.46 -0.66 0.52% 6,072,714 NYSE: WSJ pB6 "Dividends Returning to Normal" by Paul Vigna, John Sipman says robust 1Qtr earnings have more firms rasing dividends, a sign that American businesses are ore confident in their prospects. The improved economy is giving firms ranging from Procter & Gamble to IBM the confidence and cash to compensate their shareholders for holding their shares. In April, Exxon Mobil, Johnson & Johnson, IBM and P&G added a combined $1.9 bil a year to their dividends.
JPMorgan JPM $42.63 +0.16 0.38% 43,057,232 NYSE: No mentions found.
Johnson & Johnson JNJ $65.14 +0.44 0.68% 13,143,647 NYSE: WSJ pB6 "Dividends Returning to Normal" by Paul Vigna, John Sipman says robust 1Qtr earnings have more firms rasing dividends, a sign that American businesses are ore confident in their prospects. The improved economy is giving firms ranging from Procter & Gamble to IBM the confidence and cash to compensate their shareholders for holding their shares. In April, Exxon Mobil, Johnson & Johnson, IBM and P&G added a combined $1.9 bil a year to their dividends.
KFT $29.75 +0.18 0.61% 14,565,377 NYSE: No mentions found.
McDonald's MCD $70.66 +0.02 0.03% 9,578,086 NYSE: No mentions found.
MRK $35.59 -0.22 0.61% 21,460,364 NYSE: No mentions found.
Microsoft MSFT $29.85 -0.28 0.93% 66,828,462 NASDAQ-GS: WSJ pB1 "Indian Agency Claims HP Unit Evaded Taxes" by Amol Sharma, Justin Scheck says an Indian gov. agency accused Hewlett-Packard of evading $322 mil in taxes, the latest in a string of int'l legal challenges facing HPQ. India says HP avoided paying prope duties on shipments of computers, printers, scanners and other devices into India. Microsoft and its vendors have been accused by authorities of avoiding duties by separating the firm's operating system software into 2 parts - they pysical CD with program code, which is imported at a low value, and a costly software license that can be delivered electronically.
Pfizer PFE $17.18 -0.08 0.46% 99,297,359 NYSE: No mentions found.
Procter & Gamble PG $62.16 +0.45 0.73% 11,611,620 NYSE: WSJ pB6 "Dividends Returning to Normal" by Paul Vigna, John Sipman says robust 1Qtr earnings have more firms rasing dividends, a sign that American businesses are ore confident in their prospects. The improved economy is giving firms ranging from Procter & Gamble to IBM the confidence and cash to compensate their shareholders for holding their shares. In April, Exxon Mobil, Johnson & Johnson, IBM and P&G added a combined $1.9 bil a year to their dividends.
MMM $86.59 -1.09 1.24% 4,879,914 NYSE: No mentions found.
Travelers TRV $50.62 +0.62 1.24% 4,062,744 NYSE: No mentions found.
United Tech UTX $73.59 -0.57 0.77% 6,179,354 NYSE: No mentions found.
Verizon VZ $28.68 -0.07 0.24% 16,273,540 Dual Listed: No mentions found.
WalMart WMT $54.77 +0.75 1.39% 16,609,823 NYSE: Fin Times p26 "Indices trim losses but remain firmly in negative territory" by Masa Serdarevic says concerns about the fiscal and political situations in Europe pushed US stocks lower for the 2nd day, with the Nasdaq suffering its biggest 2 day loss since Mar. '09, but the session ended with stocks well above the day's lows. Warehouse chain Costco added 1.2% while discount Walmart was 1.4% higher and Supervalu climbed 1.6%.
*************************
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 5/1/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $319 [5]
2. Microsoft MSFT 268 [9]
3. WalMart WMT 201 [4]
4. GE 201 [10.5]
5. Procter & Gamble PG 180 [3]
6. BAC 179 [10]
7. Johnson & Johnson JNJ 177 [3]
8. JPMorgan Chase 169 [4]
9. IBM 166 [1]
10. Chevron CVX 163 [2]
11. AT&T 154 [6]
12. Cisco CSCO 154 [6]
13. Pfizer PFE 135 [8]
14. Intel INTC 126 [5.5]
15. Coke KO 123 [2]
16. Hewlett-Packard HPQ 122 [2]
17. Merck MRK 109 [3]
18. Verizon VZ 82 [3]
19. McDonald's MCD 76 [1]
20. Disney DIS 71 [2]
21. United Technologies UTX 70 [1]
22. 3M MMM 63 [.5]
23. Home Depot 60 [1.5]
24. Boeing BA 55 [1]
25. American Express AXP 55 [1]
26. Kraft KFT 51 [1.5]
27. Caterpillar CAT 43 [.5]
28. DuPont DD 36 [1]
29. Travelers 25 [.5]
30. Alcoa AA 14 [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: 4/7/10 Proxy Statement
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