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Post No. 512. The following is brought to you by Intellivest Securities Research, Inc. Toward 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 6/4/10 and an update of the Dow 30 component's SEC filings as of 6/4/10.
The Dow Jones Industrial Average closed Thursday at 9,732.53 down 41.49 or 0.42% from Wednesday's close of 9,774.02. Of the 30 Dow Companies: 6 gained, Kraft was unchanged and 23 declined. The biggest gainer dollar-wise and percentage-wise was McDonalds MCD $66.71 +0.84 1.28% 10,923,031 NYSE. The biggest decliner dollar-wise was BAC $14.02 -0.35 2.44% 256,301,763 NYSE and percentage-wise was IBM $122.57 -0.91 0.74% 9,725,692 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 14.21 down from Wednesday's 14.35 (year ago it was 12.39) the P/E estimate is 12.60 unchanged from Wednesday's 12.60 (year ago it was 13.62) and the current dividend yield is 2.84 up from Wednesday's 2.81 (it was 3.37 a year ago). The Dow's all-time high was 14,164.53 on Oct. 9, 2007. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.
Thursday's Dow Jones Industrial Average closing numerator was 1,287.80 down 5.49 from Wednesday's closing numerator of 1293.29. 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 5.49 for Thursday by the divisor (0.132319125) you get the decrease in Thursday's Dow of 41.49. 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 $42.93 down 0.18 from Wednesday's Dow Jones Industrial Average average closing price of $43.11. The median closing price of Thursday's Dow Jones Industrial Average was $37.78 down $0.37 from Wednesday's median price of $38.15. The lowest volume was Travelers TRV $48.93 -0.32 0.65% 4,621,091 NYSE and the highest volume again was Bank of America BAC $14.02 -0.35 2.44% 256,301,763 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 $550 ($129,330 - $128,780).
MarketWatch 7/1/10 Thurs. 4:44 pm by Kate Gibson says U.S. stocks finished Thursday's volatile session off earlier lows but still well in the red after reports on joblessness, manufacturing and housing fueled concern about the economy ahead of the key monthly employment report Friday. In a down start to the third quarter, stocks tumbled after disappointing reports on the labor, housing and manufacturing sectors. Recovering from a 150-point drop, the Dow Jones Industrial Average (DJIA 9,733, -41.49, -0.42%) remained mired in a sixth consecutive session of losses to finish down 41.49 points, or 0.4%, to 9,732.53. The blue-chip average was weighed down by Bank of America Corp. (BAC 14.02, -0.35, -2.44%) , down 2.4%; General Electric Co. (GE 14.14, +0.02, +0.14%) , down 2.1%; and J.P. Morgan Chase & Co. (JPM 36.06, -0.02, -0.06%) , off 1.3%. Down more than 16% from its 2010 high at the end of April, the S&P 500 Index (SPX 1,027, -3.34, -0.32%) on Thursday fell to its lowest level since early September 2009. The broad market gauge ended down 3.34 points, or 0.3%, to 1,027.37. Health care fronted the losses that extended to eight of the index's 10 industry groups. Among the laggards, Coventry Health Care Inc. (CVH 17.19, -0.49, -2.77%) shares were down 2.8%, a day after the insurer said it would acquire Mercy Health Plans for an undisclosed sum. Consumer-discretionary companies fared the best, with Apollo Group Inc. (APOL 42.47, -0.87, -2.01%) up 2% after the for-profit educator late Wednesday reported better-than-expected results. The Nasdaq Composite Index (COMP 2,101, -7.88, -0.37%) dropped 7.88 points, or 0.4%, to 2,101.36.
Decliners ran past advancers by 3 to 2 on the New York Stock Exchange, where 1.6 billion shares traded. The selling was widespread, with investors unloading commodities such as gold, which fell $39.20 to finish at $1,206.70 an ounce on the New York Mercantile Exchange. Read more about gold futures. "Sin stocks" are among the few winners in the U.S. stock market. Isle of Capri Casinos and firearms maker Smith & Wesson post gains after each company releases encouraging news. On Thursday, the government reported initial claims for jobless benefits climbed 13,000 last week to 472,000. Economists had expected claims to fall. Separately, the National Association of Realtors said its count of pending home sales declined to a new low in May after a flurry of buying to take advantage of a tax credit that expired at the end of April. The Institute for Supply Management reported its manufacturing index declined in June, though the industry trade group said the sector seemed to still be expanding. The soft economic data came in the wake of a downbeat second quarter for investors, and one day before the government's June employment report. The reports did nothing to "change the impression the economy is in a slow patch here," said Kelly of J.P. Morgan Funds, who believes the market's volatility is in large part due to an exodus of individual investors, leaving mostly hedge funds and others with shorter time frames. Yet individual investors increased their holdings of stocks in June, though still keeping a smaller percentage than average in equities, according to a survey released Thursday. The American Association of Individual Investors said its surveyed members held nearly 52% of assets in stocks and related funds last month, up 1.9 percentage points from May. The historical average is 60%, according to the AAII.
Thursday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
AT&T T $24.34 +0.15 0.62% 51,173,686 NYSE
Alcoa AA $10.05 -0.01 0.1% 32,201,833 NYSE
Amex AXP $39.48 -0.22 0.55% 8,739,322 NYSE
Bank of Am BAC $14.02 -0.35 2.44% 256,301,763 NYSE
Boeing BA $62.26 -0.49 0.78% 6,462,394 NYSE
Caterpillar CAT $59.97 -0.10 0.17% 11,590,987 NYSE
Chevron CVX $67.48 -0.38 0.56% 16,332,445 NYSE
CSCO $21.26 -0.05 0.23% 66,320,088 NASDAQ-GS
Coke KO $50.03 -0.09 0.18% 13,010,790 NYSE
Disney DIS $31.49 -0.01 0.03% 19,902,345 NYSE
DuPont DD $34.49 -0.10 0.29% 9,902,626 NYSE
Exxon XOM $56.61 -0.46 0.81% 47,735,709 NYSE
GE $14.12 -0.30 2.08% 106,920,102 NYSE
Hewlett-Packard HPQ $42.89 -0.39 0.9% 21,390,924 NYSE
Home Depot HD $27.92 -0.15 0.53% 27,099,563 NYSE
Intel INTC $19.25 -0.20 1.03% 88,278,564 NASDAQ-GS
IBM $122.57 -0.91 0.74% 9,725,692 NYSE
JPMorgan JPM $36.08 -0.53 1.45% 56,585,022 NYSE
Johnson & John JNJ $59.07 +0.01 0.02% 17,964,548 NYSE
KFT $28 unch unch 9,408,154 NYSE
MCD $66.71 +0.84 1.28% 10,923,031 NYSE
MRK $34.44 - .53 1.52% 25,567,426 NYSE
MSFT $23.16 +0.15 0.65% 92,202,221 NASDAQ-GS
Pfizer PFE $14.23 -0.03 0.21% 67,859,927 NYSE
Procter & Gamble PG $59.54 -0.44 0.73% 19,336,330 NYSE
MMM $78.55 -0.44 0.56% 6,803,796 NYSE
Travelers TRV $48.93 -0.32 0.65% 4,621,091 NYSE
United Tech UTX $64.39 -0.52 0.8% 5,672,313 NYSE
Verizon VZ $28.13 +0.11 0.39% 30,397,785 DualListed
Walmart WMT $48.34 +0.27 0.56% 18,112,127 NYSE
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The following are excerpts from Thurs. morning's blog.
A read of Thursday's Wall Street Journal, Financial Times, New York Times, USA Today, Georgia Daily Report & 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 9,774.02 down 96.228 or 0.98% from Tuesday's close of 9,870.3. For the year the Dow is down 6.27%. Of the 30 Dow Companies: only 3M gained and 29 declined. The only gainer dollar-wise was and percentage-wise was 3M MMM $78.99 +0.50 0.64% 6,942,318 NYSE .The biggest decliner dollar-wise was IBM $123.48 -1.61 1.29% 8,016,734 NYSE and percentage-wise was Alcoa AA $10.06 -0.28 2.71% 34,435,463 NYSE.
WSJ pC5 "Abraxis Rises 21%; Alcoa Dips" by Donna Yesalavich says stocks fell in the final session of the 2Q as a report on private sector jobs weighed on sentiment and as Moody's warned it may cut its credit rating on Spain. Alcoa, Disney and Hewlett-Packard were among the decliners. 3M was the only Dow component that managed to end the session in the black, as it was lifted by a better than expected report on Chicago area manufacturing and gained 0.6%.
WSJ pC1 "Dow slides 10% in a volatile quarter" by Tom Lauricella says volitality returned to global fin'l markets in the 2Q sending ivnestors fleeing from stocks world wide and driving them into defensive investments, especially Treasurys and gold.
Fin Times p 28 "Disappointing news on jobs front takes its toll on equities" by Masa Serdarevic says US stocks dropped for the second straight session, with the main indices ending the 2Q at least a tenth lower, after a report showed job growth remained sluggish. Argon, a defense contractor that supplies the US military with equipment to locate and analyze electronic communications agreed to be bought by Boeing for $34.50 a share in cash. Verizon Comm slid 2.1% after it was reported by Bloomberg that a version of Apple's iPhone smartphone wold be released by its subsidiary Verizon Wireless in Jan. It will likely sell as many as 12 mil iPhones next year. Currently AT&t has exclusive rights to the iPhone and its stock was down 1.1%.
NYT pb6 "2Q ends with Dow down 10% and S&P 500 off 12%" by Christine Hauser says the stock market rounded out its worst quarter since late '08 on Wed with a late slide that spared few blue chips.
USA Today p1b "Good riddance to first half of '10" by Matt Krantz says the second half can't start fast enough for investors who have suffered through the worst start to a year for the stock market since '02.
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 14.21 down from Wednesday's 14.35 (year ago it was 12.39) the P/E estimate is 12.60 unchanged from Wednesday's 12.60 (year ago it was 13.62) and the current dividend yield is 2.84 up from Wednesday's 2.81 (it was 3.37 a year ago). The Dow's all-time high was 14,164.53 on Oct. 9, 2007. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.
Wednesday's Dow Jones Industrial Average closing numerator was 1,293.29 down 12.79 from Tuesday's closing numerator of 1,306.03. 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 12.79 for Wednesday by the divisor (0.132319125) you get the decrease in Wednesday's Dow of 96.28. 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 $43.11 down 0.42 from Tuesday's Dow Jones Industrial Average average closing price of $43.53. The median closing price of Wednesday's Dow Jones Industrial Average was $38.15 down $0.42 from Tuesday's median price of $38.57. The lowest volume was Travelers TRV $49.25 -0.48 0.97% 4,426,230 NYSE and the highest volume again was Bank of America BAC $14.37 -0.20 1.37% 138,694,144 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 $1,260 ($130,590 - $129,330).
MarketWatch 6/30/10 Wed. 5:00 pm by Kate Gibson says U.S. stocks slumped on Wednesday, leading the market to its worst quarter since December 2008, as economic concerns continued to pile on. A disappointing private-sector jobs report offset more upbeat manufacturing data ahead of Friday's monthly employment report. The Dow Jones Industrial Average (DJIA 9,774, -96.28, -0.98%) fell 96.28 points, or 1%, to 9,774.02 on Wednesday. The S&P 500 Index (SPX 1,031, -10.53, -1.01%) fell 10.53 points, or 1%, to 1,030.71, while the Nasdaq Composite Index (COMP 2,109, -25.94, -1.22%) fell 25.94 points, or 1.2%, to 2,109.24. For June, the Dow industrials fell 3.6%, the S&P 500 fell 5.4% and the Nasdaq dropped 6.6%. For the second quarter, the Dow lost 10%, marking its first drop after four straight quarters of growth. The S&P 500 and the Nasdaq fell 12% each during the quarter, with the two indexes posting their worst quarter since December 2008. While corporate results have largely exceeded expectations, worries have mounted about the U.S. economic recovery, which has been hindered by a persistently high unemployment rate and a troubled housing market. In recent weeks, Europe's ability to deal with its debt crisis and worries about a possible economic slowdown in China have plagued Wall Street. On Wednesday, manufacturer 3M Co. (MMM 78.99, +0.50, +0.64%) was the only gainer on the Dow, up 0.6%. Alcoa Inc. (AA 10.03, -0.03, -0.30%) was the Dow's greatest laggard, off 2.7%. For every stock on the decline nearly two were rising on the New York Stock Exchange, where more than 1.4 billion shares traded. The Institute for Supply Management said manufacturing activity in the Chicago region slipped a bit in June, but remained at relatively high levels that still indicate overall expansion. A separate report Wednesday showed that companies added far fewer employees than anticipated in June after a revised 57,000 hike the month before. The ADP report rankled sentiment ahead of Friday's monthly jobs report from the Labor Department. Signaling European banks might be in better fiscal shape than thought, the European Central Bank said Wednesday that it would loan financial institutions 131.9 billion euros, or $161.5 billion, for three months. Demand for the ECB cash proved less than expected, fueling optimism ahead of Thursday's deadline for banks to repay 442 billion euros in 12-month funds to the ECB. Curbing enthusiasm some, Moody's Wednesday afternoon said it was putting Spain's triple-A rating on review for a credit downgrade.
AT&T T $24.19 -0.27 1.1% 37,191,432 NYSE: Fin Times p 28 "Disappointing news on jobs front takes its toll on equities" by Masa Serdarevic says US stocks dropped for the second straight session, with the main indices ending the 2Q at least a tenth lower, after a report showed job growth remained sluggish. Argon, a defense contractor that supplies the US military with equipment to locate and analyze electronic communications agreed to be bought by Boeing for $34.50 a share in cash. Verizon Comm slid 2.1% after it was reported by Bloomberg that a version of Apple's iPhone smartphone wold be released by its subsidiary Verizon Wireless in Jan. It will likely sell as many as 12 mil iPhones next year. Currently AT&t has exclusive rights to the iPhone and its stock was down 1.1%.
Alcoa AA $10.06 -0.28 2.71% 34,435,463 NYSE: WSJ pC5 "Abraxis Rises 21%; Alcoa Dips" by Donna Yesalavich says stocks fell in the final session of the 2Q as a report on private sector jobs weighed on sentiment and as Moody's warned it may cut its credit rating on Spain. Alcoa, Disney and Hewlett-Packard were among the decliners. 3M was the only Dow component that managed to end the session in the black, as it was lifted by a better than expected report on Chicago area manufacturing and gained 0.6%.
Amex AXP $39.7 -0.39 0.97% 8,974,979 NYSE: WSJ pC16 "Offerings are a mixed bag" by Peter Eavis says peformance is mixed on 15 large bank issues totaling $75 bil. In Dec '09 Bank of America issued more than $19 bil in shares and they are now down 4% from the offer price while JPMorgan's shares are up by single digit percentages and American Express is up 57%.
Bank of Am BAC $14.37 -0.20 1.37% 138,694,144 NYSE: WSJ pC16 "Offerings are a mixed bag" by Peter Eavis says peformance is mixed on 15 large bank issues totaling $75 bil. In Dec '09 Bank of America issued more than $19 bil in shares and they are now down 4% from the offer price while JPMorgan's shares are up by single digit percentages and American Express is up 57%.
WSJ pc10 "Underwriting tumbles to crisis levels" says JPMorgan for the first 6 months was first with $2.31 bil in fees and 7.9% market shares. That is for the US, world-wide JPMorgan was still first and Bank of America was 2nd.
Boeing BA $62.75 -0.29 0.46% 7,101,110 NYSE: Fin Times p13 "WTO rules Airbus loans illegal" by Joshua Chaffin, WSJ pB5 "Airbus takes hit over European Aid" by John Miller, NYT pb3 "In ruling, WTO Faults Europe over aid to Airbus" by Christopher Drew, USA Today p2b "WTO ruling sides with Boeing, US" by Eliane Engeler of AP say the Wrold Trade Organiz. condemned European subsidies to Airbus, concluding the first half of the most expensive trade dispute in WTO history. It forces the parent of Airbus, EAD to repay some aid moeny or risk giving the right to raise iport tariffs in retaliation on goods imported from Europe such as cars, wines and cheese. It gives Boeing more legal backing to contest funding in the futue for Airbus models. Boeing wants $4 bil repaid.
NYT pB3 "Boeing to buy a maker of intelligence systems" by Ap says Argon, a defense contractor that supplies the US military with equipment to locate and analyze electronic communications agreed to be bought by Boeing for $34.50 a share in cash.
Fin Times p 28 "Disappointing news on jobs front takes its toll on equities" by Masa Serdarevic says US stocks dropped for the second straight session, with the main indices ending the 2Q at least a tenth lower, after a report showed job growth remained sluggish. Argon, a defense contractor that supplies the US military with equipment to locate and analyze electronic communications agreed to be bought by Boeing for $34.50 a share in cash. Verizon Comm slid 2.1% after it was reported by Bloomberg that a version of Apple's iPhone smartphone wold be released by its subsidiary Verizon Wireless in Jan. It will likely sell as many as 12 mil iPhones next year. Currently AT&t has exclusive rights to the iPhone and its stock was down 1.1%.
WSJ pd1 "Extreme makeover, economy cabin edition" by Scott McCartney discusses how American Airlines is remodelling its Boeing 737s o upgrade the cabins but in some cases cramming more seats in.
Caterpillar CAT $60.07 -0.78 1.28% 9,628,769 NYSE: No mentions found.
Chevron CVX $67.86 -0.50 0.73% 12,870,454 NYSE: No mentions found.
CSCO $21.31 -0.31 1.43% 57,040,186 NASDAQ-GS: No mentions found.
Coke KO $50.12 -0.21 0.42% 10,965,714 NYSE: No mentions found.
Disney DIS $31.5 -0.80 2.48% 17,185,719 NYSE: WSJ pC5 "Abraxis Rises 21%; Alcoa Dips" by Donna Yesalavich says stocks fell in the final session of the 2Q as a report on private sector jobs weighed on sentiment and as Moody's warned it may cut its credit rating on Spain. Alcoa, Disney and Hewlett-Packard were among the decliners. 3M was the only Dow component that managed to end the session in the black, as it was lifted by a better than expected report on Chicago area manufacturing and gained 0.6%.
DuPont DD $34.59 -0.65 1.84% 7,086,651 NYSE: No mentions found.
Exxon XOM $57.07 -0.22 0.38% 43,921,679 NYSE: No mentions found.
GE $14.42 -0.06 0.41% 81,556,358 NYSE: No mentions found.
Hewlett-Packard HPQ $43.28 -1.02 2.3% 23,704,249 NYSE: WSJ pC5 "Abraxis Rises 21%; Alcoa Dips" by Donna Yesalavich says stocks fell in the final session of the 2Q as a report on private sector jobs weighed on sentiment and as Moody's warned it may cut its credit rating on Spain. Alcoa, Disney and Hewlett-Packard were among the decliners. 3M was the only Dow component that managed to end the session in the black, as it was lifted by a better than expected report on Chicago area manufacturing and gained 0.6%.
Home Depot HD $28.07 -0.56 1.96% 20,940,718 NYSE: No mentions found.
Intel INTC $19.45 -0.34 1.72% 64,244,487 NASDAQ-GS: No mentions found.
IBM $123.48 -1.61 1.29% 8,016,734 NYSE: No mentions found.
JPMorgan JPM $36.61 -0.45 1.21% 35,327,072 NYSE: WSJ pc10 "Underwriting tumbles to crisis levels" says JPMorgan for the first 6 months was first with $2.31 bil in fees and 7.9% market shares. That is for the US, world-wide JPMorgan was still first and Bank of America was 2nd.
WSJ pC16 "Offerings are a mixed bag" by Peter Eavis says performance is mixed on 15 large bank issues totaling $75 bil. In Dec '09 Bank of America issued more than $19 bil in shares and they are now down 4% from the offer price while JPMorgan's shares are up by single digit percentages and American Express is up 57%.
Johnson & JohnJNJ $59.06 -0.18 0.3% 15,800,684 NYSE: No mentions found.
Kraft KFT $28 -0.44 1.55% 16,269,264 NYSE: No mentions found.
McDonalds MCD $65.87 -0.59 0.89% 7,201,780 NYSE: No mentions found.
MRK $34.97 -0.46 1.3% 21,200,363 NYSE: No mentions found.
MSFT $23.01 -0.30 1.29% 80,970,895 NASDAQ-GS: WSJ pB7 "Microsoft halts sales of Kin mobile phones" by Nick Wingfield, NYT pb6 "Microsoft Kin discontinued after 48 days" by Miguel Helft, USA today p1b "Microsfot gives up on Kin" say Microsoft is ending sales of its Kin mobile phones less than 2 months after intitial products went ons ale, in another sign of its sgtruggles int he wirelss biz.
Pfizer PFE $14.26 -0.02 0.14% 50,656,304 NYSE: No mentions found.
Procter & Gam PG $59.98 -0.34 0.56% 17,272,955 NYSE: WSJ pB5 "Pampers adding Rowley Designs" says Procter & Gamble is trotting out 11 styles of pampers designed by Cynthia Rowley to be sold in Target in mid-July at $6 aove plainer versions and will cost $15.99.
3M MMM $78.99 +0.50 0.64% 6,942,318 NYSE: WSJ pC5 "Abraxis Rises 21%; Alcoa Dips" by Donna Yesalavich says stocks fell in the final session of the 2Q as a report on private sector jobs weighed on sentiment and as Moody's warned it may cut its credit rating on Spain. Alcoa, Disney and Hewlett-Packard were among the decliners. 3M was the only Dow component that managed to end the session in the black, as it was lifted by a better than expected report on Chicago area manufacturing and gained 0.6%.
Travelers TRV $49.25 -0.48 0.97% 4,426,230 NYSE: No mentions found.
United Tech UTX $64.91 -0.06 0.09% 6,560,865 NYSE: No mentions found.
Verizon VZ $28.02 -0.60 2.1% 27,607,295 Dual Listed: Fin Times p 28 "Disappointing news on jobs front takes its toll on equities" by Masa Serdarevic says US stocks dropped for the second straight session, with the main indices ending the 2Q at least a tenth lower, after a report showed job growth remained sluggish. Argon, a defense contractor that supplies the US military with equipment to locate and analyze electronic communications agreed to be bought by Boeing for $34.50 a share in cash. Verizon Comm slid 2.1% after it was reported by Bloomberg that a version of Apple's iPhone smartphone wold be released by its subsidiary Verizon Wireless in Jan. It will likely sell as many as 12 mil iPhones next year. Currently AT&t has exclusive rights to the iPhone and its stock was down 1.1%.
WalMart WMT $48.07 -0.83 1.7% 18,388,350 NYSE: WSJ pB3 "Cicago approves Walmart store" by Timothy Martin says the Chicago City Council approved a zoning change for a second Walmart store outlet in what could pave the way for more stores.
WSJ pc6 "Walmart Taps Corporate debt market" by Katy Burne says Walmart was in the market with $3 bil in senior unsecured 5, 10, and 30 yr. securities.
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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 1/2 billion as of 6/4/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $283 [4.5]
2. Procter & Gamble PG 244.5 [4]
3. Microsoft MSFT 229 [9]
4. WalMart WMT 190.5 [4]
5. GE 168 [10.5]
6. IBM 161 [1]
7. Johnson & Johnson JNJ 160 [3]
8. Bank of America BAC 155.5 [10]
9. JPMorgan Chase 152 [4]
10. Chevron CVX 144 [2]
11. AT&T 143 [6]
12. Cisco CSCO 132 [6]
13. Pfizer PFE 120 [8]
14. Coke KO 119 [2.5]
15. Intel INTC 117 [5.5]
16. Hewlett-Packard HPQ 108.5 [2.5]
17. Merck MRK 104 [3]
18. Verizon VZ 77 [3]
19. McDonald's MCD 72 [1]
20. Disney DIS 66.5 [2.5]
21. United Technologies UTX 61 [1]
22. 3M MMM 55 [1]
23. Home Depot 54.5 [1.5]
24. Kraft KFT 50 [2]
25. Boeing BA 47 [1]
26. American Express AXP 47 [1]
27. Caterpillar CAT 36.5 [.5]
28. DuPont DD 31 [1]
29. Travelers 24.5 [.5]
30. Alcoa AA 11 [1]
Here are the latest SEC filings as of 6/4/10 other than ownership filings, registration of shares for employee benefit plans, free writing prospectuses and third party shareholder proposals:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
AT&T T: 5/24/10 8K: re: sale ofl its Sterling Commerce subsidiary to IBM for $1.4 billion in cash. Sterling Commerce provides business to business applications and integration solutions to more than 18,000 customers worldwide. AT&T expects the transaction to close in the second half of '10, subject to receipt of regulatory approvals . AT&T expects to record a one-time, pre-tax gain of $750 million for the quarter in which the transaction closes.
5/6/10 10-Q
5/4/10 8K: re: results from the annual meeting of the stockholders of AT&T Inc. held on April 30, 2010, in Chattanooga, Tennessee.
Alcoa AA: 5/4/10 8K re: Alcoa Inc.’s 2009 Sustainability Highlights Report.
American Express AXP: 6/2/10 8K re: statistics re: worldwide billed business.
5/17/10 8K re: delinquency and write-off statistics for the lending portfolio of its U.S. Card Services operating segment for the months ended February 28, March 31 and April 30, 2010.
5/5/10 10Q
4/28/10 8-K re: transcript of 4/22/10 American Express live audio conference call/webcast to discuss the Company’s financial results for the three months ended March 31, 2010
Bank of Am BAC: 6/4/10 Free Writing Prospectuses
5/10/10 Rule 424(b) Prospectus
5/7/10 10-Q
Boeing BA: 4/28/10 8-K re: results of its Annual Meeting of Shareholders on April 26, 2010
Caterpiller CAT: 6/1/10 8K re: purchase of Electro-Motive Diesel, Inc. for $820 million in cash from Berkshire Partners LLC and Greenbriar Equity Group LLC.
5/28/10 8K re: retirement of David B. Burritt, VP & CFO as of 6/1/10.
5/20/10 8K re: statistics re: deliveries to users for its Machinery and Engines lines of business.
5/10/10 Definitive Proxy materials
5/510 8-K re: departure of directors and officers
5/3/10 10Q
Chevron CVX: 6/2/10 8K re: results of 5/26/10 vote at annual meeting for election of Directors & other matters.
5/19/10 definitive proxy materials
5/13/10 8K re: certain revisions of 10-K annual report for year ended 12/31/09.
DuPont DD: 4/29/10 8K re: voting results from annual meeting held on 4/28/10.
4/27/10 10Q
ExxonMobil XOM: 6/1/10 8K re: voting results from 5/26/10 Annual Meeting of Shareholders
5/6/10 10Q
GE: 5/7/10 8K to update fin'l info from form 10K
5/7/10 10Q
Hewlett-Packard HPQ: 6/1/10 8K re: plans to invest $1 billion in its enterprise services business to enhance client experience and better position the business for growth.
5/18/10 8K re: 2Qtr results
Home Depot HD: 6/3/10 10Q
5/25/10 8K re: voting results from 5/20/10 annual meeting of shareholders.
5/18/10 8K re: results for quarter ended 5/2/10
Intel INTC: 5/21/10 8K re: voting results from 5/19/10 annual meeting of stockholders.
5/12/10 8K re: info provided at an Investor meeting by Paul S. Otellini, Pres. & CEO.
5/7/10 8K re: Micron Technology, Inc. completed its acquisition of Numonyx Holdings BV & issued shares of common stock to Numonyx shareholders. In exchange for Intel’s investment in Numonyx, Intel received approximately 64.2 million shares of Micron common stock, and issued a $72 million short-term payable.
5/3/10 10Q
IBM: 5/12/10 8K re: information presented at Investor Briefing on 5/12/10.
4/29/10 8K re: voting results from annual meeting of stockholders on 4/27/10
4/27/10 10Q
JPMorganChase JPM: 6/3/10 Rule 424 Prospectus
5/26/10 8K re: Washington Mutual Litigations.
5/20/10 8K re: voting results from 5/18/10 annual meeting of shareholders
5/10/10 10Q
Johnson & Johnson JNJ : 5/10/10 10 Q
Kraft KFT: 5/21/10 8K: re voting results from 5/18/10 annual meeting of shareholders
5/7/10 10Q
McDonalds MCD: 5/24/10 8K re: voting results of 5/20/10 annual shareholders' meeting
5/17/10 additional proxy materials
5/11/10 8K re: press release re: April and year to date '10 sales.
5/6/10 10Q
Merck MRK: 5/28/10 8K re: Kenneth C. Frazier to succeed Richard T. Clark as Pres. Of the Company as of 5/1/10 and Dr. Sam Their's retirement from the Board & voting results from 5/25/10 annual meeting of shareholders.
5/11/10 8K re: information presented at 5/11/10 Annual Business Briefing
5/7/10 10Q
Microsoft MSFT: 5/28/10 8K re: retirement of Robbie Bach, pres. Of Entertainment & Devices Div.
Pfizer PFE: 5/26/10 8K re: retirement of Dr. Martin Mackay, Sr. VP & Pres, Pharma Therapeutics R&D of Pfizer Inc.
5/13/10 10Q
5/4/10 8K re: 1Qtr results
4/28/10 8K re: voting results of Pfizer's annual meeting of shareholders held on 4/22/10
Procter & Gamble PG: 5/19/10 8K re: closing of 100 bil Euro 0.955 Note Offering due 2015.
4/30/10 10Q
3M MMM: 5/17/10 8K re: reclassification of certain data in 10K for 12/31/09.
5/12/10 8K re: voting results of 5/11/10 annual meeting of stockholders.
5/5/10 10Q
Travelers TRV: 5/7/10 8K re: voting results of 5/4/10 annual meeting of shareholders
4/23/10 10Q
United Technologies UTX: 5/14/10 8K re: exercise of its rights to redeem $500 mil of outstanding 7.125% Notes due 11/15/10.
4/26/10 10Q
Verizon Communications Inc. VZ: 5/27/10 8K re: record date of 6/7/10 re: proposed spinof of shares of New Communications Holdings.
5/12/10 8K re: voting results from 5/6/10 annual meeting of shareholders.
4/28/10 10Q
WalMart WMT: 6/14/10 10Q.
5/18/10 8K reconciliation of non-GAP measures.