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Post No. 571. 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 7/25/10 and an update of the Dow 30 component's SEC filings as of 7/25/10.
On August 2, 2010 Intellivest Securities Research, Inc. published a 66 page research report on AT&T saying it was a buy. For information as to how to obtain a copy of the Report please contact Dan Kolber at email: dkolber@intellivestsecurities.com or call him at 678-595-9756. For excerpts see this Blog's 8/4/10 Entry Headlined "AT&T Research Report."
The Dow Jones Industrial Average closed Thurssday at 10,674.98 down 5.45 or 0.05% from Wednesday's close of 10,680.43. Of the 30 Dow Companies: 14 gained and 16 declined. The biggest gainer dollar-wise and percentage-wise was Caterpillar CAT $71.96 +0.84 1.18% 7,391,563 NYSE. The biggest decliner dollar-wise and percentage-wise was American Express AXP $43.22 -0.89 2.02% 12,403,838 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 0.132129493, the trailing P/E ratio is 14.48 up from Wednesday's 14.42 (year ago it was 14.975.03) the P/E estimate is 12.70 unchanged from Wednesday's 12.70 (year ago it was 14.50) and the current dividend yield is 2.61 down from Wednesday's 2.66 (it was 3.08 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 1,4110.47 down 0.65 from Wednesday's closing numerator of 1,411.12. 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 5.74 for Thursday by the divisor (0.132129493) you get the increase in Thursday's Dow of 44.5. 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 $47.02 down up $0.02 from Wednesday's Dow Jones Industrial Average average closing price of $47.04. The median closing price of Thursday's Dow Jones Industrial Average was $42.25 down $0.65 from Wednsday's median price of $42.70. The lowest volume was Travelers TRV $50.67 -0.01 0.02% 1,964,328 NYSE and the highest volume again was Bank of America BAC $14.02 -0.17 1.2% 110,416,889 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 $73 ($141,120 - $141,047).
MarketWatch 8/5/10 Thurs. 4:35 pm by Donna Yesalavich says U.S. stocks recovered to finish slightly lower Thursday as investors braced for the government's monthly payrolls report on Friday morning. The Dow Jones Industrial Average (DJIA 10,675, -5.45, -0.05%) lost 5.52 points, or 0.05%, to close at 10674.91, after spending much of the trading day deeper in negative territory. Investors searched for clarity on the sustainability of the economic recovery ahead of Friday's employment data, with Thursday's data offering only conflicting messages. Weekly initial jobless claims unexpectedly rose while retailers reported mixed July same-store sales. Media-industry stocks resist the broader market's fall with shares of satellite-TV company DirecTV rising and media conglomerate News Corp. climbing following quarterly earnings reports. Adding to the market's concerns, the Federal Reserve will hold a meeting next week where officials are expected to consider whether to use cash the Fed receives when its mortgage-bond holdings mature to buy new mortgage or Treasury bonds, instead of allowing its portfolio to shrink gradually, as it is expected to do in the months ahead. Such a change would signal deepening concern about the economic outlook. The Nasdaq Composite(COMP 2,293, -10.51, -0.46%) declined 0.5% to 2293.06, and the Standard & Poor's 500 index (SPX 1,126, -1.43, -0.13%) dropped 0.1% to 1125.81. Information technology shares led the laggards, with Microsoft (MSFT 25.37, -0.36, -1.40%) slipping 1.4%, Xerox (XRX 9.74, +0.10, +1.04%) shedding 1% and Oracle (ORCL 24.26, -0.03, -0.11%) down 0.8%. The financial sector also dragged on the markets, weighed down by a 4.9% drop in Hartford Financial Services Group (HIG 22.70, +0.02, +0.09%) and a 1.7% decline in Regions Financial (RF 7.60, +0.13, +1.74%) . Hartford swung to a second-quarter profit, but lowered its 2010 target for operating earnings. Regions Chief Executive Grayson Hall Jr. warned investors he expects a slow economic recovery, with slow loan growth and a continued decline in home prices. Investors sought safety in Treasurys, which rose broadly. The increase in Treasurys pushed the yield on the 10-year note down to 2.90%. Volume was relatively weak, but in line with this week's lighter trend. Decliners outnumbered advancers by a ratio of two to one. The euro (EURUSD 1.3186, +0.0034, +0.2585%) fluctuated between small gains and losses after European Central Bank President Jean-Claude Trichet said that while the euro-zone economy is strengthening, current expansion rates are unlikely to be sustained after the summer. The European Central Bank kept its benchmark interest rate unchanged at 1%, as widely expected. See full story on ECB, Trichet. Investors sought safety in Treasurys and gold, which both rose. The increase in Treasurys pushed the yield on the 10-year note (UST10Y 2.90, -0.05, -1.76%) down to 2.90%. Read more on Treasurys in Bond Report. Among retailers' same-store sales reported Thursday, companies such as Macy's /(M 19.71, -0.07, -0.34%) , Limited Brands (LTD 26.04, -0.29, -1.10%) and Abercrombie & Fitch managed to exceed expectations, but J.C. Penney (JCP 22.14, +0.02, +0.09%) , Aeropostale (ARO 25.70, -0.18, -0.70%) and Hot Topic (HOTT 4.96, -0.01, -0.20%) widely missed the mark and provided discouraging earnings forecasts. Macy's rose 1.8%, Limited edged up 1.2% and Abercrombie climbed 1.9%, while J.C. Penney dropped 7.7%, Aeropostale slipped 5.7% and Hot Topic shed 5.7%.
Thursday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
AT&T T $26.74 +0.10 0.38% 23,434,957 NYSE
Alcoa AA $11.58 +0.06 0.52% 15,544,917 NYSE
American Express AXP $43.22 -0.89 2.02% 12,403,838 NYSE
Bank of America BAC $14.02 -0.17 1.2% 110,416,889 NYSE
Boeing BA $68.71 -0.54 0.78% 4,311,280 NYSE
Caterpillar CAT $71.96 +0.84 1.18% 7,391,563 NYSE
Chevron CVX $79.07 +0.05 0.06% 9,300,038 NYSE
Cisco CSCO $24.17 +0.03 0.12% 30,190,421 NASDAQ-GS
Coca-Cola KO $56.37 -0.18 0.32% 7,507,390 NYSE
Walt Disney DIS $34.98 +0.15 0.43% 8,401,596 NYSE
DuPont DD $42.48 +0.07 0.17% 6,151,958 NYSE
ExxonMobil XOM $62.71 0-.01 0.02% 19,963,762 NYSE
GE $16.52 +0.04 0.24% 46,544,302 NYSE
Hewlett-Packard HPQ $46.35 -0.42 0.9% 13,485,747 NYSE
Home Depot HD $28.71 -0.01 0.03% 9,098,838 NYSE
Intel INTC $20.67 -0.06 0.29% 44,589,695 NASDAQ-GS
IBM $131.83 +0.56 0.43% 4,514,705 NYSE
J.P.Morgan Chase JPM $41.27 -0.02 0.05% 19,771,464 NYSE
Johnson & Johnson JNJ $59.76 +0.02 0.03% 9,599,156 NYSE
Kraft KFT $29.66 -0.09 0.3% 15,732,409 NYSE
McDonald's MCD $70.45 -0.24 0.34% 5,439,862 NYSE
Merck MRK $35.07 -0.12 0.34% 10,059,812 NYSE
Microsoft MSFT $25.37 -0.36 1.4% 64,850,752 NASDAQ-GS
Pfizer PFE $16.19 -0.25 1.52% 73,702,993 NYSE
Procter & Gamble PG $59.86 +0.31 0.52% 12,603,266 NYSE
3M MMM $87.72 -0.28 0.32% 2,523,375 NYSE
Travelers TRV $50.67 -0.01 0.02% 1,964,328 NYSE
United Technologies UTX $73.2 +0.53 0.73% 3,058,970 NYSE
Verizon VZ $29.55 +0.15 0.51% 13,526,900 Dual Listed
Walmart WMT $51.62 -0.02 0.04% 7,433,805 NYSE
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The following are excerpts from Thursday morning's Blog.
A read of Thursday'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 and Wednesday's stock prices and related data.
Dow: The Dow Jones Industrial Average closed Wednesday at 10,680.43 up 44.05 or 0.41% from Tuesday's close of 10,636.38. For the year the Dow is up 2.46%. Of the 30 Dow Companies: 18 gained, ExxonMobil was unchanged and 11 declined. The biggest gainers dollar-wise was and percentage-wise was DuPont DD $42.41 +0.98 2.37% 9,308,274 NYSE. The biggest decliner dollar-wise was Hewlett-Packard HPQ $46.77 -0.59 1.25% 15,742,973 and percentage-wise was Microsoft MSFT $25.73 -0.43 1.64% 78,485,754 NASDAQ-GS.
WSJ pC1 "Job preview helps boost Dow, dollar" by Jonathan Cheng says investors pushed US stocks & the dollar higher, cheered by good news on hiring ahead of official jobs numbers on Fri that could shed light on the durability of the recovery. Consumer discretionary stocks led the market higher. The US dollar also showed strength, breaking a multiday slide on the back of the encouraging data. the currency rebounded from an 8 month low against the yen and 3 month trough against the euro.
WSJ pC5 "Price Books it: 22% gain" by Donna Yesalavich says stocks rose as better than expected signs on the employment front calmed investors' jitter ahead of the government's payrolls report Fri. Merck was among the Dow's top performers with a gain of 37 cents. It said the addition of its experimental hepatitis C drug to standard treatment improved patient outcomes in 2 clinical trials, compared with standard treatment alone. It said it planned to submit the drug, boceprevir, for regulatory approval in the US 7 Europe this year. DuPont increaed 98 cents, Disney climbed 62 cents and Pfizer rose 28 cents.
Fin Times p22 "TimeWarner & CBS strength brings relief for investors" by Hannah Kuckhler says US stocks rose on Wed after better than expected economic data combined with a strong earnings report from Time Warner eased concerns about the pace of the global economic recovery.
NYt pB10 "A promising jobs report sends shares higher" by Christine Hauser says stocks rose on Wed as new reports about employment & the mnonmanufacturing sector indicated an economy in slightly better shape than expected. 2 days ahead of the closely watched monthly jobs report, data released by ADP showed a gain of 42,000 jobs among private employers in July up from 19,000 in June.
USA Today p4B "Stocks return to upward trajectory" by Bloombegr says stocks rose Wed sending the S&P 500 to its highest close in more than 2 months, as faster than estimated growth in service industries and jobs quelled concern about the economy.
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 0.132129493, the trailing P/E ratio is 14.48 up from Wednesday's 14.42 (year ago it was 14.975.03) the P/E estimate is 12.70 unchanged from Wednesday's 12.70 (year ago it was 14.50) and the current dividend yield is 2.61 down from Wednesday's 2.66 (it was 3.08 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 1,411.12 up 5.74 from Wednesday's closing numerator of 1,411.12. 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 5.74 for Wednesday by the divisor (0.132129493) you get the increase in Wednesday's Dow of 44.5. A $1 change in the price of any DJIA stock = a 7.56 change in the average.
The average closing price (the closing numerator divided by 30) of Wednesday's Dow Jones Industrial Average was $47.04 up $0.19 from Tuesday's Dow Jones Industrial Average average closing price of $46.85. The median closing price of Wednesday's Dow Jones Industrial Average was $42.70 down $0.14 from Tuesday's median price of $42.84. The lowest volume was 3M MMM $87. NYSE and the highest volume again was Bank of America BAC $14. 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 made $582 ($141,120 - $140,538).
MarketWatch 8/4/10 Wed. 4:57 pm by Jonathan Cheng says U.S. stocks finished higher Wednesday as hints of an improving labor situation and better-than-expected growth in the services sector helped to assuage investor fears, at least temporarily, about the struggling economic recovery's ability to create jobs. The Dow Jones Industrial Average (DJIA 10,680, +44.05, +0.41%) finished up 44.05 points, or 0.4%, at 10680.43. The advance puts the blue-chip index 2% higher than where it started the month, close to a three-month high. Consumer-discretionary stocks led the charge, with Priceline.com (PCLN 282.18, +0.88, +0.31%) surging 22% to a 10-year high after its quarterly earnings jumped 72%, easily topping Wall Street forecasts. Goldman Sachs (GS 156.06, -0.35, -0.22%) raised its target price on the stock, calling Priceline.com one of the best growth stories on the Internet. Fellow online merchants Expedia Inc. (EXPE 22.86, -1.46, -6.00%) and Amazon.com (AMZN 127.50, -0.08, -0.06%) also gained, rising 6.4% and 4.2% respectively. Polo Ralph Lauren (RL 85.47, +6.16, +7.77%) added 7.8% and Coach gained 5.9%. Bulls were helped by a surprise increase in private-sector employment as well as encouraging signs of expansion in the U.S. non-manufacturing sector. A monthly job survey showed private-sector payrolls adding a better-than-expected 42,000 jobs in July, fueled by hiring at small- and medium-sized businesses. Economists polled by MarketWatch had been expecting the ADP report to show a 23,000 increase in July. The data offered a sigh of relief ahead of Friday's release of the Bureau of Labor Statistics' nonfarm payroll data, which includes government workers. Meanwhile, the Institute for Supply Management's nonmanufacturing purchasing managers' index bucked forecasts to rise to 54.3 in July, from 53.8 in June, indicating expanding activity. Hot Stocks: Barnes & Noble Shines in RetailRetail stocks get a boost, led by Barnes & Noble, after the largest U.S. bookstore operator said it's considering strategic alternatives. Polo Ralph Lauren also jumps after its profit tops expectations. The Nasdaq Composite (COMP 2,304, +20.05, +0.88%) rose 0.9% to 2303.57, while the Standard & Poor's 500 stock index (SPX 1,127, +6.78, +0.61%) added 0.6% to 1127.23, with consumer discretionary and health-care stocks leading the way. In stocks in focus, home builder PulteGroup (PHM 8.45, +0.07, +0.84%) pared intraday gains to slip 0.5% after reporting strong quarterly profits and revenues as home buyers took advantage of federal home-buyer tax credits, though with their expiry on April 30 the outlook for the housing market has gotten bleaker. Barnes & Noble (BKS 15.43, +0.12, +0.78%) jumped 19% after putting itself up for sale Tuesday, succumbing to mounting pressure from shareholder activists concerned about how digital books are eroding the traditional business of the nation's largest book-store chain. Read more on Barnes & Noble. Walgreen (WAG 28.53, +0.03, +0.11%) shed 1.1% after same-store sales for July fell short of analysts' expectations, though that figure gained for a second straight month on improved customer traffic and basket size. Time Warner (TWX 32.52, +0.05, +0.15%) inched up 0.3% after second-quarter profits beat analysts' estimates. CBS rose 4.1% after reporting soaring second-quarter profits and revenue gains across its portfolio of media assets. American depositary shares of European banks fared well on positive earnings, with Lloyds Banking Group gaining 4.1% and French banking group Société Générale rising 1.6%. Read Europe Markets. In Japan, the Nikkei Stock Average fell 2.1%, as export firms felt the weight of the rising yen, near its recent highs against the U.S. dollar. On Wednesday, the U.S. dollar regained 0.5% on the yen. Read more on yen in Asia Markets. The euro fell back against the dollar as the latest euro-zone data disappointed growth prospects and lowered inflation expectations, trading recently at $1.3163, down from $1.3231 late Tuesday in New York. The U.S. Dollar Index /(DXY 80.93, +0.34, +0.42%) , which tracks the greenback against six other currencies, was up 0.4%, breaking a five-day losing streak. Gold futures broke above $1,200 an ounce before slipping to $1193.70, buoyed by strong investment demand and news that China has liberalized its domestic gold market. Copper was also strong, adding 1.4%. Crude-oil futures fell to $82.47 a barrel. Treasurys fell on the positive services sector data, with the price of the two-year note falling to yield 0.578% and the 10-year dropping to yield 2.952%.
Wednesday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market
AT&T T $26.64 -0.05 0.19% 26,163,259 NYSE: WSJ pD1 "BlackBerry's new Torch makes a leap from drab" by Walter S. Mossberg, USA Today p1B "Hottest part of torch is BlackBerry 6 software" byEdward C. Baig both review favorably BlackBerry's new Torch that will go on sale exclusively by AT&T in the US on August 12, 2010.
WSJ pA1 "Stalkers exploit cellphone GPS" by Justin Scheck" says cellphone GPS technology has rescued lost drivers, help find kidnap victims and lost kids but can also be used in more sinister ways. The AT&T FamilyMap program is discussed as an example, which is free for 30 days and requires only a phone call to activate. It provides an on screen map on the smartphone or computer of the person doing the tracking and a dot on the map shows the location and movement of the person being followed. AT&T sends a textmessage to the person being tracked that their phone is registered in the program. It is lucrative for AT&T as it charges $9.99 a month to track up to 2 phones and $14.99 a month for up to 5. Users agree not to use the sytem to harrass, stalk or threaten anyone.
See my 8/4/10 Blog headlined "Research Report AT&T" for a favorable analysis of AT&T.
Alcoa AA $11.52 0-.04 0.35% 21,888,063 NYSE: No mentions found.
American Express AXP $44.11 -0.49 1.1% 15,921,668 NYSE: No mentions found.
Bank of America BAC $14.19 -0.15 1.05% 131,559,123 NYSE: No mentions found.
Boeing BA $69.25 -0.29 0.42% 3,859,891 NYSE: No mentions found.
Caterpillar CAT $71.12 0.75 1.07% 6,204,216 NYSE: No mentions found.
Chevron CVX $79.02 +0.36 0.46% 8,067,422 NYSE: No mentions found.
Cisco CSCO $24.14 +0.32 1.34% 48,306,156 NASDAQ-GS: No mentions found.
Coca-Cola KO $56.55 +0.17 0.3% 5,952,383 NYSE: No mentions found.
Walt Disney DIS $34.83 +0.62 1.81% 9,810,199 NYSE: WSJ pC5 "Price Books it: 22% gain" by Donna Yesalavich says stocks rose as better than expected signs on the employment front calmed investors' jitter ahead of the government's payrolls report Fri. Merck was among the Dow's top performers with a gain of 37 cents. It said the addition of its experimental hepatitis C drug to standard treatment improved patient outcomes in 2 clinical trials, compared with standard treatment alone. It said it planned to submit the drug, boceprevir, for regulatory approval in the US 7 Europe this year. DuPont increased 98 cents, Disney climbed 62 cents and Pfizer rose 28 cents.
DuPont DD $42.41 +0.98 2.37% 9,308,274 NYSE: Walt Disney DIS $34.83 +0.62 1.81% 9,810,199 NYSE: WSJ pC5 "Price Books it: 22% gain" by Donna Yesalavich says stocks rose as better than expected signs on the employment front calmed investors' jitter ahead of the government's payrolls report Fri. Merck was among the Dow's top performers with a gain of 37 cents. It said the addition of its experimental hepatitis C drug to standard treatment improved patient outcomes in 2 clinical trials, compared with standard treatment alone. It said it planned to submit the drug, boceprevir, for regulatory approval in the US 7 Europe this year. DuPont increased 98 cents, Disney climbed 62 cents and Pfizer rose 28 cents.
ExxonMobil XOM $62.72 unch unch 21,032,110 NYSE: No mentions found.
GE $16.48 +0.08 0.49% 46,027,746 NYSE: No mentions found.
Hewlett-Packard HPQ $46.77 -0.59 1.25% 15,742,973 NYSE: No mentions found.
Home Depot HD $28.72 +0.27 0.95% 10,987,672 NYSE: No mentions found.
Intel INTC $20.73 +0.0175 0.08% 85,573,176 NASDAQ-GS: Fin Times p11 "Intel settlement with US regulators ends global antitrust investigations" by Richard Waters WSJ pB1 "Intel slapped in antitrust case" by Don Clark, NYT pB1 "Intel settles with FTC on antitrust" by Edward Wyat, USA 3B "Inel's concession settle antitrust suit" by Byron Acohido say Intel agreed to a broad set of restrictions sought by US antitrust regulators to settle charges it unlawfully stifled competition in a decade long campaign to preserve its dominant position in the market for coputer chips to hinder rival Advanced Micro Devices during 2 periods when the smaller firm had superior chips.
IBM $131.27 +0.90 0.69% 4,567,470 NYSE: No mentions found.
JPMorgan JPM $41.29 +0.21 0.51% 23,052,619 NYSE: No mentions found.
Johnson & Johnson JNJ $59.74 +0.39 0.66% 10,471,328 NYSE: WSJ pB2 "Merck Hopeful about Hepatitis C treatment" by Peter Loftus says Merck said Wed the addition of its experimental heapatits C drug to standard treament improve patient outcomes in 2 clinical trials, compared with standard treatment alone. It said it planned to submit the drug, boceprevir, for regulatory approval in the US 7 Europe this year. It is uncertain how Merck's drug will fare against a siilar drug, telaprevir, under development by Vetex Pharmaceuticals and Johnson & Johnson. Elaprevir has generated more impressive data clinical trials.
Kraft KFT $29.75 +0.47 1.61% 10,222,104 NYSE: No mentions found.
McDonalds MCD $70.69 +0.24 0.34% 4,546,532 NYSE: No mentions found.
Merck MRK $35.19 +0.37 1.06% 13,133,513 NYSE: WSJ pB2 "Merck Hopeful about Hepatitis C treatment" by Peter Loftus, NYT pB3 "Promising results reported for cholesterol & hepatitis C drugs" by Andrew Pollack say Merck said Wed the addition of its experimental hepatitis C drug to standard treament improve patient outcomes in 2 clinical trials, compared with standard treatment alone. It said it planned to submit the drug, boceprevir, for regulatory approval in the US 7 Europe this year. It is uncertain how Merck's drug will fare against a siilar drug, telaprevir, under development by Vetex Pharmaceuticals and Johnson & Johnson. Elaprevir has generated more impressive data clinical trials.
Microsoft MSFT $25.73 -0.43 1.64% 78,485,754 NASDAQ-GS: WSJ pB3 "Microsoft, Salesforce settle suits" by Jeanette Borzo says the two software firms had settleed their patent suits, ending a 3 month fight.
Pfizer PFE $16.44 +0.10 0.61% 73,128,647 NYSE: Walt Disney DIS $34.83 +0.62 1.81% 9,810,199 NYSE: WSJ pC5 "Price Books it: 22% gain" by Donna Yesalavich says stocks rose as better than expected signs on the employment front calmed investors' jitter ahead of the government's payrolls report Fri. Merck was among the Dow's top performers with a gain of 37 cents. It said the addition of its experimental hepatitis C drug to standard treatment improved patient outcomes in 2 clinical trials, compared with standard treatment alone. It said it planned to submit the drug, boceprevir, for regulatory approval in the US 7 Europe this year. DuPont increased 98 cents, Disney climbed 62 cents and Pfizer rose 28 cents.
Procter & Gamble PG $59.55 -0.39 0.65% 19,652,529 NYSE: No mentions found.
3M MMM $88 +0.79 0.91% 2,222,544 NYSE: No mentions found.
Travelers TRV $50.68 +0.56 1.12% 6,729,806 NYSE: No mentions found.
United Technologies UTX $72.67 +0.64 0.89% 2,807,712 NYSE: No mentions found.
Verizon VZ $29.4 -0.14 0.47% 17,307,005 Dual Listed: No mentions found.
WalMart WMT $51.6 +0.31 0.6% 8,050,039 NYSE: No mentions found.
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Here are the current CEOs of the Dow 30 Companies:
AT&T T Randall L. Stephenson (Dallas, TX)
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 (Santa Clara, CA)
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 (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
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 7/25/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $280.5 [4.5]
2. Procter & Gamble PG 248 [4]
3. Microsoft MSFT 226 [9]
4. WalMart WMT 191.5 [3.5]
5. GE 168 [10.5]
6. IBM 164.5 [1]
7. Johnson & Johnson JNJ 159 [3]
8. JPMorgan Chase 158.5 [4]
9. AT&T 151 [6]
10. Chevron CVX 147.5 [2]
11. Bank of America BAC 138 [10]
12. Cisco CSCO 133.5 [6]
13. Coke KO 126.5 [2.5]
14. Intel INTC 120.5 [5.5]
15. Pfizer PFE 117.5 [8]
16. Merck MRK 109 [3]
17. Hewlett-Packard HPQ 108 [2.5]
18. Verizon VZ 79 [3]
19. McDonald's MCD 75 [1]
20. Disney DIS 67 [2]
21. United Technologies UTX 66 [1]
22. 3M MMM 61.5 [.5]
23. American Express AXP 54 [1]
24. Kraft KFT 51.5 [2]
25. Boeing BA 51.5 [1]
26. Home Depot 47.5 [1.5]
27. Caterpillar CAT 43.5 [.5]
28. DuPont DD 35 [1]
29. Travelers 25 [.5]
30. Alcoa AA 11 [1]
Here are the latest SEC filings as of 7/25/10 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: 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.
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: 7/23/10 8K re: election of Tony Theme CFO Engineered Products & Graeme Bottger, Controller
7/22/10 10Q
7/15 & 7/13/10 8K's relating to 2Q results
5/4/10 8K re: Alcoa Inc.’s 2009 Sustainability Highlights Report.
American Express AXP: 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
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: 7/22/10 8K re: impairment resulting from fin'l reform legislation passed by Congress
7/16/10 8K re: 2Q results
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: 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.
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: 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.
5/19/10 definitive proxy materials
5/13/10 8K re: certain revisions of 10-K annual report for year ended 12/31/09.
Cisco CSCO 6/29/10 8K 6/29/10 10b5-1 re: stock trading plans adopted by insiders
5/26/10 10Q for quarter ending 5/1/10
Coke KO 7/21/10 8K re: 2Q results
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: 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.
5/7/10 8K to update fin'l info from form 10K
5/7/10 10Q
Hewlett-Packard HPQ: 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.
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: 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: 7/20/10 8K re: 2Q earnings presentation.
7/19/10 8K re: 2Q results ending 6/30/10.
JPMorganChase JPM: 7/22/10 8K re: completion of public offering of debt issues.
7/16/10 & 7/15/10 8Ks re: 2Q results
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 : 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.
5/10/10 10 Q
Kraft KFT: 5/21/10 8K: re voting
McDonalds MCD: 7/23/10 8K re: 2Q results ending 6/30/10
6/9/10 8K re: year to date sales figures
5/24/10 8K re: voting results of 5/20/10 annual shareholders' meeting
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: 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: 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: 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.
4/30/10 10Q
3M MMM: 7/22/10 8K re: 2Q results
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: 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: 7/21/10 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.
4/26/10 10Q
Verizon Communications Inc. VZ: 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.
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 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.
5/18/10 8K reconciliation of non-GAP measures.