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. 592. 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 8/17/10 and an update of the Dow 30 component's SEC filings as of 8/17/10.
The Dow Jones Industrial Average closed Tuesday at 10,405.85 up 103.84 or 1.01% from Monday's close of 10,302.01. Of the 30 Dow Companies: 27 gained, Travelers was unchanged and 2 (JPM and Kft) declined. The biggest gainer dollar-wise was Boeing BA $65.99 +1.59 2.47% 4,228,019 NYSE and percentage-wise was Home Depot HD $28.31 +0.93 3.4% 22,451,777 NYSE. The biggest decliner dollar-wise was J.P.Morgan Chase JPM $37.48 -0.21 0.56% 33,784,188 NYSE and percentage-wise was Kraft KFT $29.26 -0.19 0.65% 13,828,844 NYSE.
As of the open of the market Tuesday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132129493, the trailing P/E ratio is 13.89 unchanged from Monday's 13.89 (year ago it was 14.76) the P/E estimate is 12.49 unchanged from Monday's 12.49 (year ago it was 14.65) and the current dividend yield is 2.71 unchanged from Monday's 2.71 (it was 3134 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.
Tuesday's Dow Jones Industrial Average closing numerator was 1,374.92 up 13.84 from Monday's closing numerator of 1,361.15. 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 13.84 for Tuesay by the divisor (0.132129493) you get the increase in Tuesday's Dow of 103.84. 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 $45.83 up 0.45 from Monday's Dow Jones Industrial Average average closing price of $45.38. The median closing price of Tuesday's Dow Jones Industrial Average was $39.61 up $0.01 from Monday's median price of $39.60. The lowest volume was 3M MMM $84. 09 +0.66 0.79% 4,345,072 NYSE and the highest volume again was Bank of America BAC $13.21 +0.02 0.15% 131,575,391 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 $1,354 ($137,490 - 136,136).
MarketWatch 8/17/10 Tues. 4:32 pm by Kate Gibson says U.S. stocks rallied Tuesday, with the Dow Jones Industrial Average ending a five-session losing streak, after Potash Corp. of Saskatchewan Inc.'s rejection of suitor BHP Billiton Ltd. unleashed a rally among agricultural companies and retailing giant Wal-Mart Stores Inc.'s earnings topped estimates. There was a cornucopia of good news: upbeat guidance from the largest retailer on the planet, M&A activity is picking up, and economic data that blew away all concerns about deflation. The major indexes hit session highs after Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said the central bank does not have new doubts about the recovery. Kocherlakota "doesn't believe persistent deflation [is] a likely [possibility], as that would require the Fed to make the 'surprising mistake of ignoring the long run in its desire to fix the short run,'" noted analysts at Action Economics. The Dow (DJIA 10,406, +103.84, +1.01%) rose 103.84 points, or 1%, to end at 10,405.85. All but three of its 30 components rose, including Wal-Mart /(WMT 51.21, +0.19, +0.37%) and Home Depot Inc. (HD 28.52, +0.21, +0.74%), both of which reported earnings that beat expectations.
Kraft Foods Inc. (KFT 29.34, +0.08, +0.28%) , among the Dow's laggards, fell 0.7% in the wake of a regulatory filing Monday that showed Warren Buffett's investment firm continues to sell shares in the food company. After eking out a rise of less than a point Monday, the S&P 500 Index (SPX 1,093, +13.16, +1.22%) rose 13.16 points, or 1.2%, to 1,092.54, with natural-resource companies leading gains that included all 10 of its industry groups. The Nasdaq Composite Index (COMP 2,209, +27.57, +1.26%) added 27.57 points, or 1.3%, to 2,209.44. The Nasdaq snapped a four-session losing streak Monday, adding 8.39 points. Nearly four stocks advanced for every declining issue on the New York Stock Exchange, where 981 million shares traded hands. Composite volume topped 4.2 billion. Potash Corp. (POT 143.05, -0.12, -0.08%) shares advanced 28% after the world's biggest fertilizer producer rejected an unsolicited $130-a-share takeover bid from mining giant BHP Billiton (BHP 70.16, -0.05, -0.08%). The saga triggered buying in Potash's competitors, with shares of Mosaic Co. (MOS 55.95, +0.35, +0.63%) , the second-biggest fertilizer producer in North America, gaining 8.7%, and CF Industries Holdings Inc. (CF 88.60, +0.07, +0.08%) , a producer of nitrogen fertilizer, up 4.7%. Earnings, deals bring stocks to lifeStocks get a boost from solid earnings from Wal-Mart and Home Depot, but both face demand issues in the months ahead. One sector where demand isn't in doubt: the fertilizer sector where the market expects BHP Billiton to up its nearly $40 billion bid for Potash Corp. Elsewhere on the deal front, Pactiv Corp. (PTV 32.58, -.00, -0.01%) shares rallied 5.4% after global packaging company Reynolds Group said it would buy the maker of Hefty trash bags. Economic data also bolstered sentiment, with figures from the Federal Reserve showing production in the U.S. in July climbed 1%, exceeding expectations and offsetting worries about growth in the sector that helped pull the economy out of recession. Other figures released Tuesday were mixed. New-home construction rose 1.7% last month, but the gains were fueled by a large hike in apartment and condominium construction, a small piece of the overall market. The Labor Department reported wholesale prices climbed in July on increased costs of food, cars and light trucks. But core prices, which exclude food and energy costs, rose 0.3%, signaling that inflation remains subdued.
Tuesday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
AT&T T $26.97 +0.32 1.2% 27,394,363 NYSE
Alcoa AA $10.95 +0.35 3.3% 22,790,220 NYSE
American Express AXP $41.74 +0.20 0.48% 8,523,467 NYSE
Bank of America BAC $13.21 +0.02 0.15% 131,575,391 NYSE
Boeing BA $65.99 +1.59 2.47% 4,228,019 NYSE
Caterpillar CAT $69.74 +1.25 1.83% 5,898,406 NYSE
Chevron CVX $77.77 +0.06 0.08% 7,311,915 NYSE
Cisco CSCO $22.05 +0.14 0.64% 82,711,618 NASDAQ-GS
Coca-Cola KO $56.12 +0.24 0.43% 8,952,308 NYSE
Walt Disney DIS $33.76 +0.10 0.3% 9,846,455 NYSE
DuPont DD $41.42 +1.03 2.55% 6,551,036 NYSE
ExxonMobil XOM $60.82 +0.94 1.57% 20,081,263 NYSE
GE $15.58 +0.12 0.78% 60,642,493 NYSE
Hewlett-Packard HPQ $40.82 +0.27 0.67% 23,543,323 NYSE
Home Depot HD $28.31 +0.93 3.4% 22,451,777 NYSE
Intel INTC $19.53 +0.06 0.31% 60,552,617 NASDAQ-GS
IBM $128.45 +0.68 0.53% 4,274,610 NYSE
J.P.Morgan Chase JPM $37.48 -0.21 0.56% 33,784,188 NYSE
Johnson & Johnson JNJ $59.22 +1.21 2.09% 13,365,907 NYSE
Kraft KFT $29.26 -0.19 0.65% 13,828,844 NYSE
McDonald's MCD $73.22 +1.43 1.99% 7,373,543 NYSE
Merck MRK $35.54 +0.57 1.63% 10,612,375 NYSE
Microsoft MSFT $24.71 +0.34 1.4% 52,675,678 NASDAQ-GS
Pfizer PFE $16.27 +0.24 1.5% 50,344,397 NYSE
Procter & GamblePG $60.29 +0.52 0.87% 10,786,830 NYSE
3M MMM $84.09 +0.66 0.79% 4,345,072 NYSE
Travelers TRV $49.91 unch unch 4,737,312 NYSE
United Technologies UTX $70.51 +0.16 0.23% 6,436,164 NYSE
Verizon VZ $30.17 +0.21 0.7% 17,589,618 Dual Listed
Walmart WMT $51.02 +0.61 1.21% 16,258,430 NYSE
***************************
The following are excerpts from Tues. morning's Blog:
A read of Tuesday's issue of Wall St. Journal, Financial Times, New York Times, USA Today, Atlanta Journal Constitution & Daily Report (Ga) yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol andMonday's stock prices and related data.
Dow Jones Industrial Average The Dow Jones Industrial Average closed Monday at 10,302.01 down 1.14 or 0.01% from Friday's close of 10,303.15. For the year the Dow is down 1.21%. Of the 30 Dow Companies: 12 gained and 18 declined. The biggest gainer dollar-wise and percentage-wise was 3M MMM $83.4 -0.61 0.73% 2,145,335 NYSE. The biggest decliner dollar-wise and percentage-wise was Cisco CSCO $21.91 +0.55 2.57% 88,201,433 NASDAQ-GS.
WSJ pC1 "View cloudy, Dow declines for a 5th day" by Jonathan Cheng says the Dow crept lower Mon, posting its 5th loss in a row on the year's lowest trading volume. Trading volume was the lightest of the year with just over 3.2 bil shares changing handings, below the daily average of 5.4 bil shares.
WSJ pC5 "Deal buzz helps Intel & Cisco" by Kristina Peterson says stocks bounced around Mon, as major manufacturers including 3M sagged but tech firms Cisco and Intel jumped thanks to buzz generated by new deals activity. Manufacturing giant 3 was the Dow's worst performer falling 58 cents after the Fed Res Bank of NY's survey of manufacturing in the NY area showed weaker than expected growth. Boeing lost 44 cents.
Fin Times p22 "Gains for techs & materials balance out economic data" by Hannah Kuchler says US stocks were almost flat Mon after rising tech and materials stocks balanced out weak economic news in choppy trading.
NYT pB9 "Summertime and Indexes tread water" by Reuters says investors found little reason to buy stocks on Mon as the Dow and S&P 500 ended barely changed, suggesting that even several days of losses had not convinced institutions that share prices were attractive.
USA Today p4B "S&P 500, Nasdaq close slightly higher" by Stephen Bernard says stocks broke a four session losing streak Mon but only by the slimmest of margins. Still, investors have had no change of heart about the economy and again poured cash into the safety of US Treasuries.
As of the open of the market Tuesday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132129493, the trailing P/E ratio is 13.89 unchanged from Monday's 13.89 (year ago it was 14.76) the P/E estimate is 12.49 unchanged from Monday's 12.49 (year ago it was 14.65) and the current dividend yield is 2.71 unchanged from Monday's 2.71 (it was 3134 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.
Monday's Dow Jones Industrial Average closing numerator was 1,361.20 down 0.15 from Friday's closing numerator of 1,361.35. 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 0.15 for Monday by the divisor (0.132129493) you get the decrease in Monday's Dow of 1.14. 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 Monday's Dow Jones Industrial Average was $45.38 unchanged from Friday's Dow Jones Industrial Average average closing price of $45.38. The median closing price of Monday's Dow Jones Industrial Average was $39.60 down $0.08 from Friday's median price of $39.68. The lowest volume was 3M MMM $83.4 -0.61 0.73% 2,145,335 NYSE and the highest volume again was Bank of America BAC $13.22 -0.01 0.08% 90,507,632 NYSE.
If Monday 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 broken even ($136,135 - $136,136).
MarketWatch 8/16/10 Mon. 4:14 pm by Laura Mandaro says U.S. stocks made a lackluster finish to the day's trading Monday, with the Dow Jones Industrial Average (DJIA 10,302, -1.14, -0.01%) extending its losing streak by a hair, and the other benchmarks ending modestly higher. Down for a fifth straight day, the Dow lost 1.1 point, or 0.01%, to 10,302.01. The S&P 500 (COMP 2,182, +8.39, +0.39%) added 0.1 point, or 0.01%, to 1,079.38, with materials and tech stocks in the lead. The Nasdaq Composite (COMP 2,182, +8.39, +0.39%) ended up 8.4 points, or 0.4%, to 2,181.87, coming back a bit from last week's rout. Disappointment over Japan's GDP and New York-area manufacturing weighed on sentiment, though investors avoided big positions. All three benchmarks are still down for the year.
Monday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
AT&T T $26.65 -0.07 0.26% 18,318,826 NYSE: WSJ pB1 "Piece by piece: The suppliers behind the new BlackBerry Torch smartphone" say sales of the Torch, which began in the US at AT&T stores Thurs, have been unimpressive, particularly in comparison with other recent debuts. The article shows where al lthe components come from and their costs and the origin by nations.
WSJ pC3 "Berkshire doubles its J&J stake" by Erik Holm says Warren Buffett's Berkshire Hathaway sharply increased its stake in Johnson & Johnson in 2Q. It continued to sell shares in consumer products firm Procter & Gamble and Kraft. Berkshire's stakes in American Express, Coca-Cola and Wells Fargo remained unchanged. Berkshire is the largest shareholder in each. Soros Fund Management reduced its positions in AT&T and JPMorgan selling 4.1 mil shares and 2.5 mil shares of the firms respectively so George Soros's hedge fund in AT&T is now at $12.2 mil and JPMorgan at $3.9 mil.
Alcoa AA $10.585 -0.055 0.52% 13,453,590 NYSE: No mentions found.
American Express AXP $41.55 -0.18 0.43% 6,281,667 NYSE: No mentions found.
Bank of America BAC $13.22 -0.01 0.08% 90,507,632 NYSE: No mentions found.
Boeing BA $64.4 -0.44 0.68% 2,594,240 NYSE: Fin Times p2 "Boeing crashes on Caribbean island", WSJ pA1 "A Miracle Crash Leaves one dead" say a Boeing 737 jetliner with 131 passengers on board crashed as it prepared to land and broke into 3 pieces at a Colombian island in the Caribbean Mon, only one person died.
WSJ pC5 "Deal buzz helps Intel & Cisco" by Kristina Peterson says stocks bounced around Mon, as major manufacturers including 3M sagged but tech firms Cisco and Intel jumped thanks to buzz generated by new deals activity. Manufacturing giant 3 was the Dow's worst performer falling 58 cents after the Fed Res Bank of NY's survey of manufacturing in the NY area showed weaker than expected growth. Boeing lost 44 cents.
Caterpillar CAT $68.5 +0.49 0.72% 5,081,679 NYSE: No mentions found.
Chevron CVX $77.72 +0.32 0.41% 6,703,865 NYSE: No mentions found.
Cisco CSCO $21.91 +0.55 2.57% 88,201,433 NASDAQ-GS: WSJ pC5 "Deal buzz helps Intel & Cisco" by Kristina Peterson says stocks bounced around Mon, as major manufacturers including 3M sagged but tech firms Cisco and Intel jumped thanks to buzz generated by new deals activity. Manufacturing giant 3 was the Dow's worst performer falling 58 cents after the Fed Res Bank of NY's survey of manufacturing in the NY area showed weaker than expected growth. Boeing lost 44 cents.
Coca-Cola KO $55.89 +0.16 0.29% 6,240,912 NYSE: WSJ pC3 "Berkshire doubles its J&J stake" by Erik Holm says Warren Buffett's Berkshire Hathaway sharply increased its stake in Johnson & Johnson in 2Q. It continued to sell shares in consumer products firm Procter & Gamble and Kraft. Berkshire's stakes in American Express, Coca-Cola and Wells Fargo remained unchanged. Berkshire is the largest shareholder in each. Soros Fund Management reduced its positions in AT&T and JPMorgan selling 4.1 mil shares and 2.5 mil shares of the firms respectively so George Soros's hedge fund in AT&T is now at $12.2 mil and JPMorgan at $3.9 mil.
Walt Disney DIS $33.61 -0.07 0.21% 6,316,713 NYSE: WSJ pB4 "Hulu video site considers an IPO" by Jessica E. Vascellaro, Fin Times p15 "Hulu IPO nears in drive for content" by Kenneth Li say Hulu, owned by GE's NBC Universal, News Corp, Disney and Providence Equity Partners is considering an IPO as early as this year.
DuPont DD $40.3979 +0.0779 0.19% 3,036,659 NYSE: No mentions found.
ExxonMobil XOM $59.8 -0.11 0.18% 12,772,335 NYSE: No mentions found.
GE $15.45 +0.07 0.46% 52,362,196 NYSE: WSJ pB4 "Hulu video site considers an IPO" by Jessica E. Vascellaro says Hulu, owned by GE's NBC Universal, News Corp, Disney and Providence Equity Partners is considering an IPO as early as this year.
Hewlett-Packard HPQ $40.5799 +0.1299 0.32% 21,970,223 NYSE: NYT pB1 "For HP, spectacle of a chief goes on" by Ashlee Vance says at first Hewlett-Packard's Board supported Mark Hurd but turned on him after he settled his accusers harassment complaint before the board's investigators had a chance to speak with her. Similar story at Daily Report p6 "Settlement may have led to HP CEO's departure" by Aaron Ricadela, Bloomberg.
WSJ pB3 "Dell to buy 3PAR for $1.15 bil" by Anupreeta Das says Dell will buy data storage firm 3PAR for $1.15 bil in cash. 3PAR compete3s with products from data storage giant EMC, Hitachi and Hewlett-Packard and IBM. Last year Dell poached IBM's top deal maker David Johnson, indicating that it was going to be a more aggressive acquirer.
Home Depot HD $27.41 +0.10 0.37% 11,360,324 NYSE: WSJ pB3 "Lowe's sales disappoint" by Mary Ellen Lloyd says shares of both Lowe's and larger rival Home Depot which reports results Tues, each hit 52 week highs in April as homeowners started to open their wallets for small renovation projects.
Intel INTC $19.47 +0.32 1.67% 47,743,043 NASDAQ-GS: WSJ pB2 "Intel buys TI's Cable Moden Chip Unit" by AP says Intel is buying a Texas Instrument unit that makes cable modem chips, which it intends to combine with its own processors for smarter modems and cable set top boxes but didn't disclose the price The unit has supplied Motoroal, Arris, and Cisco's Scientific Atlanta unit with chips. Deal will close in 4Q.
Fin Times p15 "Intel succumbs to evolution of 4G" by Maija Palmer says Intel is facing a bitter blow as it becomes clear that fourth generation mobile phone networks are going to be based on long term evolution technology rather than WiMax, the standard backed by Intel.
WSJ pC5 "Deal buzz helps Intel & Cisco" by Kristina Peterson says stocks bounced around Mon, as major manufacturers including 3M sagged but tech firms Cisco and Intel jumped thanks to buzz generated by new deals activity. Manufacturing giant 3 was the Dow's worst performer falling 58 cents after the Fed Res Bank of NY's survey of manufacturing in the NY area showed weaker than expected growth. Boeing lost 44 cents.
IBM $127.73 -0.14 0.11% 3,672,136 NYSE: WSJ pB3 "Dell to buy 3PAR for $1.15 bil" by Anupreeta Das says Dell will buy data storage firm 3PAR for $1.15 bil in cash. 3PAR compete3s with products from data storage giant EMC, Hitachi and Hewlett-Packard and IBM. Last year Dell poached IBM's top deal maker David Johnson, indicating that it was going to be a more aggressive acqurer.
J.P.Morgan Chase JPM $37.655 +0.155 0.41% 25,579,754 NYSE: WSJ pC3 "Berkshire doubles its J&J stake" by Erik Holm says Warren Buffett's Berkshire Hathaway sharply increased its stake in Johnson & Johnson in 2Q. It continued to sell shares in consumer products firm Procter & Gamble and Kraft. Berkshire's stakes in American Express, Coca-Cola and Wells Fargo remained unchanged. Berkshire is the largest shareholder in each. Soros Fund Management reduced its positions in AT&T and JPMorgan selling 4.1 mil shares and 2.5 mil shares of the firms respectively so George Soros's hedge fund in AT&T is now at $12.2 mil and JPMorgan at $3.9 mil.
Johnson & Johnson JNJ $57.99 -0.16 0.28% 8,061,329 NYSE: WSJ pC3 "Berkshire doubles its J&J stake" by Erik Holm says Warren Buffett's Berkshire Hathaway sharply increased its stake in Johnson & Johnson in 2Q. It continued to sell shares in consumer products firm Procter & Gamble and Kraft. Berkshire's stakes in American Express, Coca-Cola and Wells Fargo remained unchanged. Berkshire is the largest shareholder in each. Soros Fund Management reduced its positions in AT&T and JPMorgan selling 4.1 mil shares and 2.5 mil shares of the firms respectively so George Soros's hedge fund in AT&T is now at $12.2 mil and JPMorgan at $3.9 mil.
Kraft KFT $29.46 -0.04 0.14% 4,883,154 NYSE: WSJ pC3 "Berkshire doubles its J&J stake" by Erik Holm says Warren Buffett's Berkshire Hathaway sharply increased its stake in Johnson & Johnson in 2Q. It continued to sell shares in consumer products firm Procter & Gamble and Kraft. Berkshire's stakes in American Express, Coca-Cola and Wells Fargo remained unchanged. Berkshire is the largest shareholder in each. Soros Fund Management reduced its positions in AT&T and JPMorgan selling 4.1 mil shares and 2.5 mil shares of the firms respectively so George Soros's hedge fund in AT&T is now at $12.2 mil and JPMorgan at $3.9 mil.
McDonald's MCD $71.78 -0.11 0.15% 4,608,992 NYSE: No mentions found.
Merck MRK $34.97 -0.03 0.09% 6,065,339 NYSE: No mentions found.
Microsoft MSFT $24.5 +0.10 0.41% 40,400,800 NASDAQ-GS: No mentions found.
Pfizer PFE $16.02 -0.06 0.37% 33,837,518 NYSE: No mentions found.
Procter & Gamble PG $59.71 -0.11 0.18% 12,369,898 NYSE: WSJ pC3 "Berkshire doubles its J&J stake" by Erik Holm says Warren Buffett's Berkshire Hathaway sharply increased its stake in Johnson & Johnson in 2Q. It continued to sell shares in consumer products firm Procter & Gamble and Kraft. Berkshire's stakes in American Express, Coca-Cola and Wells Fargo remained unchanged. Berkshire is the largest shareholder in each. Soros Fund Management reduced its positions in AT&T and JPMorgan selling 4.1 mil shares and 2.5 mil shares of the firms respectively so George Soros's hedge fund in AT&T is now at $12.2 mil and JPMorgan at $3.9 mil.
3M MMM $83.4 -0.61 0.73% 2,145,335 NYSE: WSJ pC5 "Deal buzz helps Intel & Cisco" by Kristina Peterson says stocks bounced around Mon, as major manufacturers including 3M sagged but tech firms Cisco and Intel jumped thanks to buzz generated by new deals activity. Manufacturing giant 3 was the Dow's worst performer falling 58 cents after the Fed Res Bank of NY's survey of manufacturing in the NY area showed weaker than expected growth. Boeing lost 44 cents.
Travelers TRV $49.91 -0.23 0.46% 3,248,106 NYSE: No mentions found.
United Technologies UTX $70.36 -0.34 0.48% 2,392,661 NYSE: No mentions found.
Verizon VZ $29.97 -0.06 0.2% 13,357,201 Dual Listed: No mentions found.
WalMart WMT $50.37 -0.03 0.06% 9,146,738 NYSE: WSJ pC1 "Doube Dip? Let them shop at Saks" by Kelly Ebans Gauges are going haywire with oil prices and stock prices moving in lockstep and gold is holding steady even as the yield on the 10 year Treasury falls Luxury retailers have outperformed discount sellers. Shares of Saks have risen 50% while WalMart has flat lined. Both chains are due out with 2Q earnings Tues.
****************************
Here are the current CEOs of the Dow 30 Companies:
AT&T T Randall L. Stephenson (Dallas, TX)
Alcoa AA Klaus Kleinfeld (NY, NY)
American Express AXP Kenneth I. Chenault (NY, NY)
Bank of America BAC Brian T. Moynihan (Charlotte, N.C.)
Boeing BA W. James McNerney, Jr. (Cyhicago, Ill)
Caterpillar CAT Douglas Oberhelman (Peoria, Ill.)
Chevron CVX John Watson (San Ramon, CA)
Cisco CSCO John Chambers (San Jose, CA)
Coca Cola KO Muhtar Kent (Atlanta, GA)
Disney DIS Robert Iger (Burbank, CA)
DuPont DD Ellen Kullman (Wilmington, DE)
ExxonMobil XOM Rex W. Tillerson (Irving, Tx)
GE Jeffrey R. Immelt (Fairfield, CT)
Hewlett-Packard HPQ Cathie Lesjak (Interim) (Palo, Alto, CA)
Home Depot HD Frank Blake (Atlanta, GA)
Intel INTC Paul S. Otellini (Santa Clara, CA)
IBM Samuel J. Palmisano (Armonk, NY)
JPMorgan Chase JPM Jamie Dimon (NY, NY)
Johnson & Johnson JNJ William C. Weldon (New Brunswick, NJ)
Kraft KFT Irene Rosenfeld (Northfield, Ill.)
McDonald's MCD Jim Skinner (Oak Brook, Ill)
Merck MRK Richard Clark (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
Pfizer PFE Jeffrey Kindler (NY, NY)
Procter & Gamble PG Bob McDonald (Cincinnati, OH)
3M MMM George W. Buckley (St. Paul, MN)
Travelers TRV Jay S. Fishman (NY, NY)
United Technologies UTX Louis Chenevert (Hartford, CT)
Verizon VZ Ivan Seidenberg (NY, NY)
Wal-Mart WMT Mike Duke (Bentonville, ARK)
Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest 1/2 billion as of 8/17/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $307.5 [5]
2. Microsoft MSFT 217 [9]
3. WalMart WMT 190 [3.5]
4. Procter & Gamble PG 170.5 [3]
5. GE 166 [10.5]
6. IBM 161.5 [1]
7. Johnson & Johnson JNJ 161.5 [3]
8. AT&T 158.5 [6]
9. Chevron CVX 155 [2]
10. JPMorgan Chase 149.5 [4]
11. Pfizer PFE 130 [8]
12. Coke KO 128 [2.5]
13. Bank of America BAC 133 [10]
14. Cisco CSCO 125.5 [6]
15. Intel INTC 109.5 [5.5]
16. Merck MRK 107.5 [3]
17. Hewlett-Packard HPQ 95 [2.5]
18. Verizon VZ 89.5 [3]
19. McDonald's MCD 77 [1]
20. United Technologies UTX 65 [1]
21. Disney DIS 64 [2]
22. 3M MMM 59 [.5]
23. American Express AXP 50 [1]
24. Kraft KFT 51 [2]
25. Boeing BA 47.5 [1]
26. Home Depot 47 [1.5]
27. Caterpillar CAT 44 [.5]
28. DuPont DD 37 [1]
29. Travelers 23.5 [.5]
30. Alcoa AA 11 [1]
Here are the latest SEC filings as of 8/17/10 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: 8/6/10 10Q re: 2Q results 6/30/10
8/4/10 8K re: offer to exchange New Cingular Wireless Notes
7/30/10 8K re: sale of 2.5% Global Notes due '15
7/22/10 8K re: 2Q earnings
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.
Alcoa AA: 8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes
7/27/10 8K re: offering of 6.15% notes due '20
7/23/10 8K re: election of Tony Theme CFO Engineered Products & Graeme Bottger, Controller
American Express AXP: 8/16/10 2 8Ks re: delinquency and write-off statistics
8/5/10 10Q 2Q results 6/30/10
7/22/10 8K 2Q results
7/21/10 8K re: Personnel changes & Board of Dir. elections
7/15/10 8K Delinquency & write-off statistics through 6/30/10
Bank of Am BAC: 8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments
7/27/10 8K re: issuance of Euro Medium Term Notes
7/22/10 8K re: impairment resulting from fin'l reform legislation passed by Congress
Boeing BA: 7/28/10 10Q 2Q 6/30/10
7/28/10 8K re 2Q results
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: 7/30/10 10Q 1Q 6/30/10
7/22/10 8K (two of them) dealing with 4Q results for period ending 6/30/10
7/22/10 8K: re: dealer statistics
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.
/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.
Chevron CVX: 8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
7/12/10 8K re: updated on 2Q results
6/2/10 8K re: results of 5/26/10 vote at annual meeting for election of Directors & other matters.
Cisco CSCO 8/11/10 8K re: 4Q results fiscal year 7/31/10
6/29/108K 6/29/10 10b5-1 re: stock trading plans adopted by insiders
Coke KO 8/2/10 10Q 2Q 7/2/10
7/30/10 8K re: refiling of hart-Scott-Rodino filing re: acquisition of Coca-Cola Enterprises
7/21/10 8K re: 2Q results
Disney DIS 8/10/10 10Q 3Q 6/27/10
8/10/10 8K re: 3Q results
DuPont DD: 7/27/10 10Q 2Q 6/30/10
7/27/10 8K re: 2Q results
4/29/10 8K re: voting results from annual meeting held on 4/28/10.
ExxonMobil XOM: 8/4/10 10Q 2Q 6/30/10
7/29/10 8K re: 2Q results
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
GE: 8/2/10 10Q 1Q 6/30/10
7/16/10 8K re: 2Q reports
6/16/10 8K re; election of James S. Tisch to Board of Directors. He is Pres. & CEO of Loew's.
Hewlett-Packard HPQ: 8/6/10 8K re: resignation of Mark V. Hurd as chairman, CEO, Pres
8/2/10 8K re: settleemnt with US Dept. of Justice re: Rille Complaint
6/8/10 8K re: 10Q
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.
Home Depot HD: 8/17/10 8K re: 2Q results 8/1/10
6/3/10 10Q
5/25/10 8K re: voting results from 5/20/10 annual meeting of shareholders.
Intel INTC: 8/4/10 8K re: antitrust settlement with US Dept. of Justice
7/30/10 10Q 2Q 6/26/10
7/22/10 8K re: agreement with FTC to delay antitrust case while settlement talks continue.
7/16/10 8K re: Intel's interest in SMART Technologies Inc. which did an IPO.
7/14/10 8K re: CFO commenting on 2Q results.
7/13/10 8K re: 2Q results.
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.
IBM: 8/4/10 8K re: issuance of $1.5 bil of debt
7/27/10 10Q 2Q 6/30/10
7/20/10 8K re: 2Q earnings presentation.
7/19/10 8K re: 2Q results ending 6/30/10.
JPMorganChase JPM: 8/6/10 10Q 2Q 6/30/10
7/22/10 8K re: completion of public offering of debt issues.
Johnson & Johnson JNJ : 8/11/10 10Q 2Q 7/4/10
7/20/10 8K re: 2Q results ending 7/4/10
7/19/10 8K re: Bd of Dirs. election
7/12/10 K re: agreement to buy Micrus Endovascular.
Kraft KFT: 8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting
McDonalds MCD: 8/10/10 8K re: July and end of year sale statistics
8/5/10 10Q 2Q 6/30/10
7/23/10 8K re: 2Q results ending 6/30/10
6/9/10 8K re: year to date sales figures
/24/10 8K re: voting results of 5/20/10 annual shareholders' meeting
Merck MRK: 8/6/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
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.
Microsoft MSFT: 7/30/10 10K year ended 6/30/10
7/22/10 8K re: 4Q results ending 6/30/10.
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: 8/12/10 10Q 2Q 7/4/10
8/3/10 8K re: 2Q results
5/26/10 8K re: retirement of Dr. Martin Mackay, Sr. VP & Pres, Pharma Therapeutics R&D of Pfizer Inc.
Procter & Gamble PG: 8/13/10 10K year ended 6/30/10
8/3/10 8K re: exec comp plans
8/3/10 8K re: 4Q and year end results
7/13/10 8K re: declaration of quarterly dividend.
5/19/10 8K re: closing of 100 bil Euro 0.955 Note Offering due 2015.
3M MMM: 8/4/10 10Q 2Q 6/30/10
7/22/10 8K re: 2Q results
6/28/10 8K re: projected sales range for 2Q '10.
Travelers TRV: 7/22/10 8K & 10Q
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: 7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results
5/14/10 8K re: exercise of its rights to redeem $500 mil of outstanding 7.125% Notes due 11/15/10.
Verizon Communications Inc. VZ: 7/29/10 10Q 2Q 6/30/10
7/27/10 8K re: 2Q results
7/23/10 8K re: 2Q results ending 6/30/10
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.
WalMart WMT: 8/17/10 8K re: 2Q results 7/31/10
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 Merchandising 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.