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Post No. 548. 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 7/11/10 and an update of the Dow 30 component's SEC filings as of 7/11/10.
The Dow Jones Industrial Average closed Friday at 10,424.62 up 102.32 or 0.99% from Thursday's close of 10,322.2. For the week the Dow is up 326.72 or 3.2% from last Friday's close of 10,097.9. Of the 30 Dow Companies: 5 gained and 25 declined. The biggest gainer dollar-wise was American Express AXP $44.76 +1.57 3.64% 14,813,909 and percentage-wise was Verizon VZ $28.02 +1.02 3.78% 46,768,977 Dual Listed. The biggest decliner dollar-wise and percentage-wise was McDonalds MCD $69.9 -1.50 2.1% 11,808,985 NYSE.
As of the open of the market Friday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132129493 (it changed last Thursday), the trailing P/E ratio is 14.44 up from Thursday's 14.32 (year ago it was 13.85) the P/E estimate is 12.49 unchanged from Thursday's 12.49 (year ago it was 14.345) and the current dividend yield is 2.70 up from Thursday's 2.75 (it was 3.16 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.
Friday's Dow Jones Industrial Average closing numerator was 1,377.40 up 13.72 from Thursday's closing numerator of 1363.88. 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 201.77 for Friday by the divisor (0.132129493) you get the increase in Friday's Dow of . 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 Friday's Dow Jones Industrial Average was $45.91 up 0.45 from Thursday's Dow Jones Industrial Average average closing price of $45.46. The median closing price of Friday's Dow Jones Industrial Average was $42.29 up $1.02 from Thursday's median price of $41.27. The lowest volume was 3M MMM $86.17 +1.42 1.68% 4,489,569 NYSE and the highest volume again was Bank of America BAC $13.74 +0.08 0.59% 129,057,690 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 $1,360 ($137,740 - $136,380).
MarketWatch 7/23/10 Fri. 4:17 pm by Kate Gibson says U.S. stocks on Friday finished with weekly gains after a dividend hike by General Electric Co. (GE 15.72, +0.01, +0.06%) and robust corporate earnings placed the Dow within reach of erasing 2010 losses. The Dow Jones Industrial Average (DJIA 10,425, +102.32, +0.99%) rose 102.32 points, or 1%, to 10,424.62, less than four points shy of where it stood when the year began. Up 3.6% from the week-ago close, the S&P 500 (SPX 1,103, +8.99, +0.82%) gained 8.99 points, or 0.8%, to 1,102.66, its first finish above 1,100 since June 18. The Nasdaq Composite (COMP 2,269, +23.58, +1.05%) added 23.58 points, or 1.1%, to 2,269.47, a weekly rise of 4.2%
Friday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
T&T T $25.539 +0.029 0.11% 31,367,819 NYSE
Alcoa AA $11.05 +0.23 2.13% 24,956,985 NYSE
American Express AXP $44.76 +1.57 3.64% 14,813,909 NYSE
Bank of America BAC $13.74 +0.08 0.59% 129,057,690 NYSE
Boeing BA $67.93 +1.33 2% 4,964,685 NYSE
Catepillar CAT $69.282 +1.282 1.89% 8,696,802 NYSE
Chevron CVX $73.52 +0.08 0.11% 8,357,722 NYSE
Cisco CSCO $23.35 +0.08 0.34% 39,071,356 NASDAQ-GS
Coca-Cola KO $54.75 +0.49 0.9% 7,571,195 NYSE
Disney DIS $34.13 +0.54 1.61% 10,687,774 NYSE
DuPont DD $38.3006 +0.5706 1.51% 5,244,119 NYSE
ExxonMobil XOM $59.7 +0.32 0.54% 18,311,443 NYSE
GE $15.71 +0.50 3.29% 111,837,774 NYSE
Hewlett-Packard HPQ $46.14 +0.07 0.15% 18,356,772 NYSE
Home Depot HD $28.25 +0.03 0.11% 18,901,957 NYSE
Intel INTC $21.69 -0.09 0.41% 61,667,761 NASDAQ-GS
IBM $128.35 +0.88 0.69% 4,774,299 NYSE
JPMorgan JPM $39.83 +0.48 1.22% 27,865,593 NYSE
Johnson & Johnson JNJ $57.63 +0.61 1.07% 15,003,721 NYSE
Kraft KFT $29.62 +0.34 1.16% 7,185,803 NYSE
McDonalds MCD $69.9 -1.50 2.1% 11,808,985 NYSE
Merck MRK $34.87 -0.31 0.88% 14,930,962 NYSE
Microsoft MSFT $25.81 -0.03 0.12% 108,012,393 NASDAQ-GS
Pfizer PFE $14.58 -0.23 1.55% 52,941,079 NYSE
Procter & Gamble PG $61.91 +0.54 0.88% 8,394,720 NYSE
3M MMM $86.17 +1.42 1.68% 4,489,569 NYSE
Travelers TRV $50.14 +0.85 1.72% 6,899,356 NYSE
United Technologies UTX $70.9 +1.37 1.97% 4,624,795 NYSE
Verizon VZ $28.02 +1.02 3.78% 46,768,977 Dual Listed
Walmart WMT $51.67 +0.81 1.59% 12,946,971 NYSE
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The following are excerpts from Friday morning's Blog.
A read of Friday's issues of Wall Street Journal, Financial Times, New York Times, USA Today, Atlanta Journal Constitution & Daily Report (Georgia) 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 stock prices and related data.
Dow: The Dow Jones Industrial Average closed Thursday at 10,322.2 up 201.77 or 1.99% from Wednesday's close of 10,120.53. For the year the Dow is down 1.01%. Of the 30 Dow Companies: 28 gained and 2 declined. The biggest gainer dollar-wise and percentage-wise was Boeing BA $66.6 +3.42 5.41% 7,572,801 NYSE. The biggest decliner dollar-wise and percentage-wise was Travelers TRV $49.29 -0.58 1.16% 6,956,492 NYSE.
WSJ pC1 "Earnings drive 201.77 point Dow rise" by Jonathan Cheng says stocks soared as corporations registered strong earnings, adding to a surprise uptick in eurozone economic activity. Investors sold off safe haven Treasurys while pushing oil and copper to 2 mnth highs. the euro climbed toward $1.30, bosltered bys igns of renewed economic resilience ahead of Friday's closely watched bank stress tests. The Dow opened sharply positive on better than expected US housing numbers. Firms projected confidence, offering strong rev to match big bottom lines. Bellwethers Caterpillar, United Parcel Service & 3M rose after issuing better than expected earnings. Caterpillar, whose quarterly profit jumped 91% boosted its outlook and predicted continued demand for growth linked commodities like oil and copper. American Express and Microsoft slipped slightly after trading hours after easily beating estimates. Both were up during the trading day.
WSJ pC5 "AT&T, 3M & UPS Advance" by Donna Yesalavich says stocks climbed braodly following strong earnings from Caterpillar, 3M and UPS, while better than existing data on US existing home sales and eurozone activity also provided a boost. Under Good news is charted AT&T saying earnings rose 26% in 2Q, benefiting from iPHone activations, and it painted a rosier picture for the year. Travelers was charted under Bad News saying it was the only Dow component to fall as it said record stromr elated claims costs pushed profit down 9.5% and it cut the high end of its '10 forecast.
Fin Times pB20 "Upbeat earnings and profit forecasts help lift sentiment" by Hannah Kuchler says US stocks were boosted thurs by positive earnings news & firms raising their profit forecasts, outweighing worse than expected jobless claims.
NYT pB1 "Wall St's spirits soar on robust earnings" by Christine Hauser says firms from AT&T to UPS say business is finally picking up and investors are cheering Robust quarterly results from the nation;s bellwether firms galvanized Wal lSt. on Thurs as stocks soared in a broad rally.
USA Today p4B "Stocks rise on upbeat earnings news" by AP says stocks surged Thurs atfer another strong batch of earnings reports revived optimism about the economic recovery. Encouraging signs of growth in Europe added tot he upbeat mood.
As of the open of the market Friday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132129493 (it changed last Thursday), the trailing P/E ratio is 14.44 up from Thursday's 14.32 (year ago it was 13.85) the P/E estimate is 12.49 unchanged from Thursday's 12.49 (year ago it was 14.345) and the current dividend yield is 2.70 up from Thursday's 2.75 (it was 3.16 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 1,363.88 up 26.66 from Wednesday's closing numerator of 1337.22. 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 201.77 for Thursday by the divisor (0.132129493) you get the increase in Thursday's Dow of 201.77. 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 $45.46 up 0.89 from Wednesday's Dow Jones Industrial Average average closing price of $44.57. The median closing price of Thursday's Dow Jones Industrial Average was $41.27 up $1.49 from Wednesday's median price of 39.78. The lowest volume was United Technologies UTX $69.53 +2.50 3.73% 5,200,479 NYSE and the highest volume again was Bank of America BAC $13.66 +0.30 2.25% 185,705,804 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 made $2,658 ($136,380 - $133,722).
MarketWatch 7/22/10 Thur. 4:30 pm by Donna Kardos says U.S. stocks climbed broadly Thursday following strong earnings from Caterpillar, 3M and United Parcel Service, while better-than-expected data on U.S. existing-home sales and euro-zone economic activity also provided a boost. The Dow Jones Industrial Average rose 201.77 points, or 1.99%, to 10322.30, marking its biggest one-day gain since July 7 and its highest close since July 15. Boeing led the measure's gains with a jump of 3.42, or 5.4%, to 66.60, after European rival aircraft manufacturer Airbus raised its order intake target for 2010. Among the Dow's earnings reporters, 3M jumped 2.45, or 3%, to 84.75, after the manufacturing giant posted a 43% jump in second-quarter earnings while its sales rebounded to levels last seen two years ago. AT&T added 59 cents, or 2.4%, to 25.51, after the telecommunications company reported a 26% increase in second-quarter earnings, benefiting from iPhone activations. Caterpillar climbed 1.13, or 1.7%, to 68. The industrial giant posted a 91% surge in quarterly profit and boosted its full-year earnings outlook. However, Travelers fell 58 cents, or 1.2%, to 49.29. Record claims costs from storms in the Midwest caused the insurer's second-quarter profit to fall 9.5%. The company also pared back the high end of its estimate for full-year earnings. The Nasdaq Composite advanced 58.56, or 2.68%, to 2245.89. The Standard & Poor's 500 index gained 24.08, or 2.25%, to 1093.67. All of the S&P 500's sectors climbed, led by industrials, boosted by strong reports from UPS and Union Pacific in addition to the reports from 3M and Caterpillar. UPS jumped 3.14, or 5.2%, to 63.15, after the shipping giant posted a 90% surge in second-quarter profit on higher package volume, revenue growth and substantial margin improvement, and boosted its 2010 earnings guidance. Shares of rival FedEx climbed 4.50, or 6.1%, to 78.53. Meanwhile, Union Pacific climbed 3.28, or 4.8%, to 72.40, as the railroad company's second-quarter earnings also topped analysts' expectations.
The gains followed encouraging economic data from the euro zone--its composite purchasing managers index and industrial orders both unexpectedly rose--as well as a smaller-than-expected drop in U.S. existing-home sales.In addition, investors found Thursday's round of data particularly encouraging because a number of bellwether companies posted revenue that topped analysts' estimates and climbed from the prior year, reversing a trend seen in recent days of companies missing revenue expectations even as their earnings beat estimates.
AT&T T $25.51 +0.59 2.37% 47,962,639 NYSE: WSJ pB4 "ATT&T says a growth signal is ebbing" by Roger Cheng, Fin Times p12 "Wireless unit helps AT&T beat quarterly forecasts" by Paul Taylor, NYT pB5 "AT&T raises its forecast after profit rises 26%" by Reuters, AJC pA18 "iPhone helps AT&T boost Q profits" say AT7T reported 2Q profit Thurs that beat analysts' estimates as customers snapped up wireless devices like Apple's iPHone. Earnings rose to 61 cents a share while anaklysts had projected 57 cents on average. AT&T activated 3.2 mil iphones and gained a net of 496,000 contract subscribers. AT&T had a profit of $4.02 bil or 68 cents a sahre, up from $3.2 bil or 54 cents a year earlier. Rev. rose 0.6% to $30.81 bil
WSJ pC12 "Apple's next carrier will be ahrd call" by martin Peers says Verizon uses a different cellular technology to existing existing iphone carrier AT&T and most carries overseas, which would require Apple to manufacture a separate version of the phone should Apple switch or anoint another US wireless carrier for the iPhone, such as market leader Verizon Wireless or industry laggard, T-Mobile USA.
WSJ pC5 "AT&T, 3M & UPS Advance" by Donna Yesalavich says stocks climbed braodly following strong earnings from Caterpillar, 3M and UPS, while better than existing data on US existing home sales and eurozone activity also provided a boost. Under Good news is charted AT&T saying earnings rose 26% in 2Q, benefiting from iPHone activations, and it painted a rosier picture for the year. Travelers was charted under Bad News saying it was the only Dow component to fall as it said record stromr elated claims costs pushed profit down 9.5% and it cut the high end of its '10 forecast.
Alcoa AA $10.82 +0.23 2.17% 25,840,501 NYSE: No mentions found.
American Express AXP $43.19 +2.04 4.96% 10,870,443 NYSE: AJC pA18 "American Express back at pre-recession levels" says American express tripled its 2Q profi as mroe spending by its card members boosted is results.
WSJ pC1 "Earnings drive 201.77 point Dow rise" by Jonathan Cheng says stocks soared as corporations registered strong earnings, adding to a surprise uptick in eurozone economic activity. Investors sold off safe haven Treasurys while pushing oil and copper to 2 mnth highs. the euro climbed toward $1.30, bosltered bys igns of renewed economic resilience ahead of Friday's closely watched bank stress tests. The Dow opened sharply positive on better than expected US housing numbers. Firms projected confidence, offering strong rev to match big bottom lines. Bewethers Caterpillar, United Parcel Service & 3M rose after issuing better than epected earnings. Caterpillar, whose quarterly profit jumped 91% boosted its outlook and predicted continued demand for growth linked commodities like oil and copper. American Express and Microsoft slipped slightly after trading hours after easily beating estimates. Both were up durig the trading day.
Bank of America BAC $13.66 +0.30 2.25% 185,705,804 NYSE: NYT pB8 "NY sues BofA & Merrill over merger" by Reuters says two suits were filed to recover $132.5 bil in losses by the stae pension funds.
Boeing BA $66.6 +3.42 5.41% 7,572,801 NYSE: WSJ pB6 "Absence of new 747 looms large at Show" by Peter Sanders and "Rivals race for tanker deal" by Daniel Michaels says Boeing's new 787 Dreamliner was the belle of the Farnborough show last week, but the elphane absent from the show was Boeing's other new plane, the 747-8 which ia a year behind schedule and Boeing coldn't spae one fo the 3 747-8s from tests. Micahel's story says Airbus and Boeing are both claiming the edge in the battle to build the new US refueling fllet that the Defense Dept. will award soon worth $35 bil.
Caterpillar CAT $68 +1.13 1.69% 15,906,640 NYSE: WSJ pB1 "Caterpillar flaunts its muscle" by Robert Matthews, Fin times p15 "US industrials see stronger order" by Hal Weitzman, NYT pB5 "Caterpillar's profit rose 91% in 2Q as sales grew 31%" by AP, USA Today p5B "Optimistic 3M raises outlook . . .Caterpillar also upbeat" by AP say Caterpillar nearly doubled its profit in 2Q and raised is forecast for the year Thurs. Its profit surged 91%. Caerpillar had profits of $707 mil or $1.09 a share, up from $371 mil or 60 cents a year earlier. ev rose 31% to $10.41 bil. United Technologies Corp and #M also reported strong earnings.
WSJ pC1 "Earnings drive 201.77 point Dow rise" by Jonathan Cheng says stocks soared as corporations registered strong earnings, adding to a surprise uptick in eurozone economic activity. Investors sold off safe haven Treasurys while pushing oil and copper to 2 mnth highs. the euro climbed toward $1.30, bosltered bys igns of renewed economic resilience ahead of Friday's closely watched bank stress tests. The Dow opened sharply positive on better than expected US housing numbers. Firms projected confidence, offering strong rev to match big bottom lines. Bellwethers Caterpillar, United Parcel Service & 3M rose after issuing better than expected earnings. Caterpillar, whose quarterly profit jumped 91% boosted its outlook and predicted continued demand for growth linked commodities like oil and copper. American Express and Microsoft slipped slightly after trading hours after easily beating estimates. Both were up during the trading day.
Chevron CVX $73.44 +1.27 1.76% 9,552,469 NYSE: No mentions found.
CSCO $23.27 +0.71 3.15% 57,948,174 NASDAQ-GS: No mentions found.
Coke KO $54.26 +0.18 0.33% 10,345,942 NYSE: No mentions found.
Disney DIS $33.59 +0.78 2.38% 9,984,455 NYSE: No mentions found.
DuPont DD $37.73 +1.17 3.2% 7,075,039 NYSE: No mentions found.
Exxon XOM $59.38 +1.21 2.08% 27,051,368 NYSE: No mentions found.
GE $15.21 +0.37 2.49% 64,304,019 NYSE: No mentions found.
Hewlet- Packard HPQ $46.07 +0.59 1.3% 17,152,761 NYSE: No mentions found.
Home Depot HD $28.22 +0.75 2.73% 26,142,646 NYSE: No mentions found.
Intel INTC $21.78 +0.52 2.45% 74,520,932 NASDAQ-GS: WSJ pCb3 "SEC: Intel's cash inflated Dell" by Justin Scheck, USA Today p1B "Dell settles SEC charges" by Matt Krantz say Dell improperly hid the effect of massive payments from Intel earlier this decade that inflated its earnings and misled investors, according to the SEC.
IBM $127.47 +2.20 1.76% 6,908,946 NYSE: WSJ pB5 "American Eagle blames IBM as site goes down" says the airline blamed IBM was at fault due to a hardware issue.
JPMorgan JPM $39.35 +0.93 2.42% 35,495,270 NYSE: No mentions found.
Johnson & Johnson JNJ $57.02 -0.10 0.18% 17,973,036 NYSE: WSJ pB4 "Mixed bag for device makers" by Jon Kamp says on Tues. Johnson & Johnson said growth inhip and knee sales at JNJ's DePuy slowed from the 1Q, while its noted continued pressure on prices.
Kraft KFT $29.28 +0.44 1.53% 6,403,934 NYSE: No mentions found.
McDonalds MCD $71.4 +1.29 1.84% 6,718,544 NYSE: No mentions found.
Merck MRK $35.18 +0.01 0.03% 15,728,203 NYSE: No mentions found.
Microsoft MSFT $25.84 +0.72 2.87% 72,956,252 NASDAQ-GS: WSJ pB3 "Microsoft profit runs on Windows 7" by Nick Wingfield, USA Today p3B "Microsoft still earnings powerhouse" by Byron Acohido, NYT pB3Window upgrade helps Microsoft to a record quarter" by Ashlee Vance, AJC pA18 "Microsoft reports strong sales of Windows 7" say Microsoft said Thurs its net income surged in the most recent quarter. It sold more than 175 mil licenses of Windows 7 since it went on sale last year. MSFT's net income for the quarter rose to $4.52 bil or 52 cents a share, from $3.5 bil or 34 cents a share a year earlier. Rev jumped 22% to $16 bil from $13.1 bil a year earlier.
WSJ pC1 "Earnings drive 201.77 point Dow rise" by Jonathan Cheng says stocks soared as corporations registered strong earnings, adding to a surprise uptick in eurozone economic activity. Investors sold off safe haven Treasurys while pushing oil and copper to 2 mnth highs. the euro climbed toward $1.30, bosltered bys igns of renewed economic resilience ahead of Friday's closely watched bank stress tests. The Dow opened sharply positive on better than expected US housing numbers. Firms projected confidence, offering strong rev to match big bottom lines. Bellwethers Caterpillar, United Parcel Service & 3M rose after issuing better than expected earnings. Caterpillar, whose quarterly profit jumped 91% boosted its outlook and predicted continued demand for growth linked commodities like oil and copper. American Express and Microsoft slipped slightly after trading hours after easily beating estimates. Both were up during the trading day.
Pfizer PFE $14.81 +0.31 2.14% 44,805,945 NYSE: No mentions found.
Procter PG $61.37 +0.26 0.43% 13,007,275 NYSE: No mentions found.
3M MMM $84.75 +2.45 2.98% 7,153,793 NYSE: WSJ pC1 "Earnings drive 201.77 point Dow rise" by Jonathan Cheng, USA Today p5B "Optimistic 3M raises outlook amid 43% jump in income" by AP say stocks soared as corporations registered strong earnings, adding to a surprise uptick in eurozone economic activity. Investors sold off safe haven Treasurys while pushing oil and copper to 2 month highs. the euro climbed toward $1.30, bosltered by signs of renewed economic resilience ahead of Friday's closely watched bank stress tests. The Dow opened sharply positive on better than expected US housing numbers. Firms projected confidence, offering strong rev to match big bottom lines. Bellwethers Caterpillar, United Parcel Service & 3M rose after issuing better than expected earnings. Caterpillar, whose quarterly profit jumped 91% boosted its outlook and predicted continued demand for growth linked commodities like oil and copper. American Express and Microsoft slipped slightly after trading hours after easily beating estimates. Both were up durig the trading day.
Travelers TRV $49.29 -0.58 1.16% 6,956,492 NYSE: WSJ pC5 "AT&T, 3M & UPS Advance" by Donna Yesalavich says stocks climbed braodly following strong earnings from Caterpillar, 3M and UPS, while better than existing data on US existing home sales and eurozone activity also provided a boost. Under Good news is charted AT&T saying earnings rose 26% in 2Q, benefiting from iPHone activations, and it painted a rosier picture for the year. Travelers was charted under Bad News saying it was the only Dow component to fall as it said record stromr elated claims costs pushed profit down 9.5% and it cut the high end of its '10 forecast.
United Technologies UTX $69.53 +2.50 3.73% 5,200,479 NYSE: WSJ pB1 "Caterpillar flaunts its muscle" by Robert Matthews says Caterpillar nearly doubled its profit in 2Q and raised is forecast for the year Thurs. Its profit surged 91%. Caerpillar had profits of $707 mil or $1.09 a share, up from $371 mil or 60 cents a year earlier. ev rose 31% to $10.41 bil. United Technologies Corp and #M also reported strong earnings.
Verizon VZ $27 +0.48 1.81% 22,517,156 Dual Listed: WSJ pC12 "Apple's next carrier will be ahrd call" by martin Peers says Verizon uses a different cellular technology to existing existing iphone carrier AT&T and most carries overseas, which would require Apple to manufacture a separate version of the phone should Apple switch or anoint another US wireless carrier for the iPhone, such as market leader Verizon Wireless or industry laggard, T-Mobile USA.
Walmart WMT $50.86 +0.51 1.01% 11,984,441 NYSE: WSJ pB1 "Walmart radio tags to track clothing" by Miguel Bustillo says Walmart will use sophisticated elecgtronic ID tags to track individual pairs of jeans and other clothing, the first step in a system that will result in better inventory control wbut also raises privacy concerns.
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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 Richard 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 7/11/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $276 [4.5]
2. Procter & Gamble PG 247.5 [4]
3. Microsoft MSFT 212.5 [9]
4. WalMart WMT 183.5 [4]
5. Johnson & Johnson JNJ 167 [3]
6. IBM 164 [1]
7. GE 159.5 [10.5]
8. JPMorgan Chase 154.5 [4]
9. Bank of America BAC 151.5 [10]
10. AT&T 147 [6]
11. Chevron CVX 144 [2]
12. Cisco CSCO 129.5 [6]
13. Coke KO 121 [2.5]
14. Pfizer PFE 119 [8]
15. Merck MRK 113 [3]
16. Intel INTC 112.5 [5.5]
17. Hewlett-Packard HPQ 105.5 [2.5]
18. Verizon VZ 75.5 [3]
19. McDonald's MCD 74.5 [1]
20. Disney DIS 66 [2]
21. United Technologies UTX 63 [1]
22. 3M MMM 58.5 [1]
23. American Express AXP 51 [1]
24. Kraft KFT 50.5 [2]
25. Boeing BA 49 [1]
26. Home Depot 47.5 [1.5]
27. Caterpillar CAT 40.5 [.5]
28. DuPont DD 33.5 [1]
29. Travelers 25.5 [.5]
30. Alcoa AA 11 [1]
Here are the latest SEC filings as of 7/11/10 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: 6/25/10 8K: re: amendments to employee compensation plans.
5/24/10 8K: re: sale of its Sterling Commerce subsidiary to IBM for $1.4 billion in cash.
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: 6/15/10 8K re: delinquency statistics through 5/31/10.
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
Bank of Am BAC: 7/9/10 Free Writings Prospectuses
6/4/10 Free Writing Prospectuses
5/10/10 Rule 424(b) Prospectus
5/7/10 10-Q
Boeing BA: 6/10/10 8K re: election of Edward M. Liddy to Board of Dirs. & Audit & Fin. Committees. By-laws were amended to increase number of directors from 12 to 13.
4/28/10 8-K re: results of its Annual Meeting of Shareholders on April 26, 2010
Caterpiller CAT: 6/18/10 8K re: dealer statistics.
6/17/10 8K re: plans to produce a full range of mining shovels and increase dump truck production.
6/11/10 8K re: as previously announced, Board elected Douglas R. Oberhelman as CEO effective 8/1/10.
6/11/10 8K re: results of 6/9 annual meeting of shareholders.
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.
Disney DIS 10Q for quarter ended 4/3/10
DuPont DD: 4/29/10 8K re: voting results from annual meeting held on 4/28/10.
4/27/10 10Q
ExxonMobil XOM: 6/25/10 8K re: completion of its acquisition of XTO Energy Inc.
6/1/10 8K re: voting results from 5/26/10 Annual Meeting of Shareholders
5/6/10 10Q
GE: 6/11/10 8K re; election of James S. Tisch to Board of Directors. He is Pres. & CEO of Loew's.
5/7/10 8K to update fin'l info from form 10K
5/7/10 10Q
Hewlett-Packard HPQ: 6/1/10 10Q
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: 6/22/10 8K re: agreed upon suspension of FTC admin. proceedings while settlement discussions are held.
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.
5/3/10 10QJPMorganChase JPM: 6/24/10 8K re: closing of sale of $1.25 bil of 3.40% Notes due '15.
6/24/10 8K re: election of Douglas L. Braunstein as CFO.
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 : /10/10 10 Q
Kraft KFT: 5/21/10 8K: re voting
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
results from 5/18/10 annual meeting of shareholders
5/7/10 10Q
McDonalds MCD: 6/9/10 8K re: year to date sales figures
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: 7/8/10 8K re: global restructuring program in conjunction with the integration of the Schering-Plough acquisition; reduction of work force by 15% & closing of plants and research sites.
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: 6/18/10 8K re: sale of $1.25 bil of Zero Coupon Convertible Sr. Notes due '13 (and related 6/9 8K).
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: 6/28/10 8K re: projected sales range for 2Q '10.
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: 6/15/10 8K re: $1 bil 3 year revolving credit agreement.
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: 7/1/10 8K re: completion of acquisition of Frontier Communications Corp. and spin off of shares to VZ shareholders.
6/11/10 8K re: agreement with certain unions.
5/27/10 8K re: record date of 6/7/10 re: proposed spin off 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: 7/7/10 8K re: underwriting to the public of several series of notes.
7/2/10 8K re: departure of John E. Fleming EVP & Chief Merchandizing Officer effective 8/1/10.
6/29/10 8K re: appointment of Eduwardo Castro-Wright as CEO fo global.com & William S. Simon as CEO of Walmart U.S.
6/9/10 8K re: results of 6/4 annual meeting of shareholders.
6/14/10 10Q.
5/18/10 8K reconciliation of non-GAP measures.