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. 754 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 and recent Dow 30 component's SEC filings.
The Dow Jones Industrial Average closed Tuesday at 11,006.02 down 46.47 or 0.42% from Monday's close of 11,052.49. Of the 30 Dow Jones component companies 10 gained and 20 declined. The biggest gainer dollar-wise was Caterpillar CAT $84.6 +0.93 1.11% 7,758,380 NYSE and percentage-wise was United Technologies UTX $75.27 +0.47 0.63% 5,535,414 NYSE. The biggest decliner dollar-wise was IBM $141.46 -1.43 1% 7,654,221 NYSE and percentage-wise was Bank of America BAC $10.95 -0.36 3.18% 265,340,088 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 is 14.14 unchanged from Monday's 14.14 (year ago it was 17.89); the P/E estimate is 13.17 unchanged from Monday's 13.17 (year ago it was 16.04) and the dividend yield is 2.57 up from Monday's 2.57 (last year it was 2.71). 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 1,454.21 down 6.15 from Monday's closing numerator of 1,460.36. 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 for today by the divisor (0.132129493) you get the decrease in today's Dow. 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 $48.47 down 0.21 from Monday's Dow Jones Industrial Average average closing price of $48.68. The median closing price of Tuesday's Dow Jones Industrial Average was $42.58 down 0.35 (HPQ/AXP) up 0.30 from Monday's closing median price of $42.93. The lowest volume was 3M MMM $83.98 -0.24 0.28% 3,455,955 NYSE and the highest volume was again Bank of America BAC $10.95 -0.36 3.18% 265,340,088 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 lost $614 ($146,036 $145,422)
MarketWatch Tuesday 11/30/10 4:17 by Nick Godt says U.S. stocks fell on Tuesday and for the month, their first monthly loss since August, as concerns over European sovereign debt woes weighed on investor sentiment. On Tuesday, the Dow Jones Industrial Average (DJIA 11,006, -46.47, -0.42%) fell 46.47 points, or 0.4%, to end at 11,006.02. The blue-chip average ended well off an intra-day low of 10,943, with upbeat U.S. economic data helping offset the losses. For November, the Dow still finished off 1%. The S&P 500 index (SPX 1,181, -7.21, -0.61%) fell 7.21 points, or 0.6%, to 1,180.55, on Tuesday, leaving it off 0.2% for the month. The Nasdaq Composite (COMP 2,498, -26.99, -1.07%) fell 26.99 points, or 1.1%, to end at 2,498.23. The tech-heavy index is down 0.4% for November.
Tuesday's Closing Dow Numbers:
At&T T $27.79 +0.09 0.32% 25,471,887 NYSE
Alcoa AA $13.125 -0.165 1.24% 16,511,177 NYSE
Amex AXP $43.22 -0.11 0.25% 9,367,060 NYSE
Bank of America BAC $10.95 -0.36 3.18% 265,340,088 NYSE
Boeing BA $63.77 -0.59 0.92% 5,795,013 NYSE
Caterpillar CAT $84.6 +0.93 1.11% 7,758,380 NYSE
Chevron CVX $80.97 -0.72 0.88% 10,333,654 NYSE
CSCO $19.16 -0.28 1.44% 63,127,093 NASDAQ-GS
Coke KO $63.17 -0.22 0.35% 11,743,246 NYSE
DIS $36.51 +0.09 0.25% 17,543,284 NYSE
DuPont DD $46.99 +0.07 0.15% 7,022,947 NYSE
Exxon XOM $69.56 +0.11 0.16% 27,401,828 NYSE
GE $15.83 -0.14 0.88% 53,705,914 NYSE
Hewlett-Packard HPQ $41.93 -0.67 1.57% 23,276,674 NYSE
Home Depot HD $30.21 -0.48 1.56% 12,796,076 NYSE
Intel INTC $21.1575 -0.1725 0.81% 52,201,904 NASDAQ-GS
IBM $141.46 -1.43 1% 7,654,221 NYSE
JPMorgan JPM $37.4 -0.51 1.35% 33,621,078 NYSE
JNJ $61.55 -0.06 0.2% 9,473,356 NYSE
MCD $78.3 +0.04 0.05% 5,534,640 NYSE
MRK $34.47 -0.22 0.63% 38,562,480 NYSE
MSFT $25.2575 -0.0525 0.21% 75,120,461 NASDAQ-GS
Pfizer PFE $16.3 -0.26 1.57% 43,571,311 NYSE
Procter & Gamble PG $61.07 -1.06 1.71% 17,603,743 NYSE
MMM $83.98 -0.24 0.28% 3,455,955 NYSE
Traveler TRV $53.99 -0.19 0.35% 7,260,821 NYSE
United Technologies UTX $75.27 +0.47 0.63% 5,535,414 NYSE
Verizon VZ $32.01 +0.11 0.34% 16,238,464 DualListed
Walmart WMT $54.09 +0.24 0.45% 17,449,329 NYSE
*****************************
The following are excerpts from Tues. morning's Blog and Mon's closing numbers:
Symbol Last Sale Change % Change Share Volume Market
AT&T T $27.7 -0.23 0.82% 24,471,322 NYSE
Alcoa AA $13.29 +0.12 0.91% 21,849,739 NYSE
American Express AXP $43.33 +1.06 2.51% 10,379,629 NYSE
Bank of America BAC $11.31 +0.19 1.71% 144,663,720 NYSE
Boeing BA $64.36 -0.44 0.68% 4,384,799 NYSE
Caterpillar CAT $83.67 -0.46 0.55% 5,086,679 NYSE
Chevron CVX $81.69 -0.36 0.44% 9,066,599 NYSE
CSCO $19.44 -0.05 0.26% 51,959,107 NASDAQ-GS
Coke KO $63.39 -0.72 1.12% 11,198,087 NYSE
DIS $36.42 -0.28 0.76% 8,494,429 NYSE
DuPont DD $46.92 +0.61 1.32% 6,875,108 NYSE
Exxon XOM $69.45 +0.22 0.32% 20,024,788 NYSE
GE $15.97 +0.17 1.08% 56,512,037 NYSE
Hewlett-Packard HPQ $42.6 -0.60 1.39% 20,622,805 NYSE
Home Depot HD $30.69 -0.31 1% 11,838,414 NYSE
Intel INTC $21.33 -0.01 0.05% 46,876,026 NASDAQ-GS
IBM $142.89 -1.01 0.7% 5,040,006 NYSE
JPMorgan JPM $37.91 +0.41 1.09% 30,919,207 NYSE
JNJ $61.91 -0.39 0.63% 12,017,000 NYSE
Kraft KFT $30.19 -0.11 0.36% 10,223,870 NYSE
McDonald's MCD $78.26 -0.28 0.36% 4,977,413 NYSE
MRK $34.69 -0.10 0.29% 13,323,989 NYSE
MSFT $25.31 +0.06 0.24% 56,595,794 NASDAQ-GS
Pfizer PFE $16.56 +0.07 0.42% 39,070,036 NYSE
Procter & Gamble PG $62.13 unch unch 8,430,535 NYSE
3M MMM $84.22 -0.18 0.21% 3,588,725 NYSE
Travelers TRV $54.18 -0.19 0.35% 5,350,484 NYSE
United Tech UTX $74.8 -0.48 0.64% 4,357,748 NYSE
Verizon VZ $31.9 -0.31 0.96% 14,911,178 DualListed
Walmart WMT $53.85 +0.11 0.2% 10,786,578 NYSE
*********************
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 Leo Apotheker (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 10/24/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $338 [5]
2. Microsoft MSFT 219.5 [9]
3. WalMart WMT 196.5 [3.5]
4. Procter & Gamble PG 180 [3]
5. IBM 176 [1]
6. Johnson & Johnson JNJ 176 [3]
7. GE 171.5 [10.5]
8. Chevron CVX 170 [2]
9. AT&T T 167 [6]
10. JPMorgan Chase JPM 149 [4]
11. Coke KO 142 [2.5]
12. Pfizer PFE 140 [8]
13. Cisco CSCO 134 [6]
14. Bank of America BAC 115 [10]
15. Merck MRK 114 [3]
16. Intel INTC 110.5 [5.5]
17. Hewlett-Packard HPQ 97 [2.5]
18. Verizon VZ 95 [3]
19. McDonald's MCD 83.5 [1]
20. United Technologies UTX 69.5 [1]
21. Disney DIS 67 [2]
22. 3M MMM 64.5 [.5]
23. Kraft KFT 55.5 [2]
24. Home Depot 52.5 [1.5]
25. Boeing BA 52 [1]
26. Caterpillar CAT 49 [.5]
27. American Express AXP 47 [1]
28. DuPont DD 42.5 [1]
29. Travelers 26 [.5]
30. Alcoa AA 13 [1]
Here are the latest SEC filings as of 10/24/10 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: 10/21/10 & 10/10/10 2 8K's re: 3Q earnings of $2.08 per share
10/1/10 8K re: settlement with IRS to pay $300 mil re: '08 tax returns
9/3/10 8K re: increasing Board from 12 to 13 & election of Matthew K. Rose as director
9/2/10 8K re: issuance of 5.35% Notes due '40
8/19/10 8K re: agreement with Comm. Workers of America for a new 3 year contract for the 4,000 CWA workers in AT&T's East region
8/18/10 8K re: exchange offer of 5.35% Notes due '40 for outstanding 8.85% Sr. Notes of New Cingular Wireless due '31
Alcoa AA: 10/22/10 10Q for 3Q ended 9/30/10
10/12 8K re: transcript of 3Q earnings conference
10/8/10 8K re: 3Q results
8/24/10 8K re: tender offer for its 6% Notes due '12 & 5.3% Notes due '13
8/23/10 10Q/A amends prior 10Q
8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes
American Express AXP: 10/21/10 8K re: 3Q results
10/15/10 8K re: delinquency & write-off statistics
10/4/10 8K re: antitrust lawsuit filed by US Dept. of Justice accusing Amex of forcing merchants not to use competitors' services
9/15/10 8K re: delinquency & write-off stats
9/15/10 8K re: changes to certain credit cards
8/16/10 2 8Ks re: delinquency and write-off statistics
Bank of Am BAC: 10/20/108K re: registration of 50,354,545 shares
10/19/10 8K re: 3Q results
10/8/10 8K re: extension of BofA's review of foreclosures in all 50 states
8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments
Boeing BA: 10/10/10 10Q re: 3Q ended 9/30/10
10/10/10 8K re: 3Q results of $1.12 per share
8/27/10 8K re: delay of delivery of first 787 to mid 1Q '11 due to Rolls Royce Engine supply problems
Caterpiller CAT: 10/21/10 8K re: Sept. dealer stats
10/21/10 8K re: 3Q results
9/30/10 8K re: change of prices
9/21/10 8K re: credit facility
9/17/10 8K re: dealer stats
Chevron CVX: 10/12/10 *K re: 3Q fin'l update
9/30/10 8K re: bylaws amendments
8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
Cisco CSCO 9/28/10 Def. Proxy materials
9/22/10 8K re: stock trading plans for directors
9/21/10 10K for year ended 7/31/10
9/16/10 8K re: award of employee stock options
9/10/10 Prelim Proxy Stmt re: Annual Shareholders Meeting on 11/18/10 at Santa Clara, Cal.
8/11/10 8K re: 4Q results fiscal year 7/31/10
Coke KO 10/19/10 8K re: 3Q fin'l results
10/5/10 8K re: completion of buyout of Coca-Cola Enterprises
9/27/10 8K re: settlement in Georgia of one of 3 shareholder class action suits challenging takeover of CCE
8/27 & 8/24 8Ks re: refiling of Hart-Scott-Rodino filing & similar filing with Candadian Corp. Bureau to give regulators more time to review acquisition of Coca-Cola Enterprises
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: 10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm
10/3/10 8K re: 3Q earnings'9/28/10 8K re: NBC Universal offer to sell notes in a private placement
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
Hewlett-Packard HPQ: 10/18/10 8K re: election of Leo Aptheker as Pres/CEO
9/28/10 8K re: outlook for fiscal year '11
9/20/10 8K re: resolving litigation against ex-CEO mark Hurd
9/13/10 8K re: sale of Global Notes
9/9/10 10Q
9/7/10 8K re; agreement to buy 3Par, Inc.
8/30/10 8K re: Board authorizing add'l $10 bil for share repurchases
8/23/10 8K re: proposal to buy 3Par for $24 per share cash
8/19/10 8K re: reporting 3Q results
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
Home Depot HD: 9/10/10 re: sale of 3.95% Sr. Note due '20 & 5.4% Sr. Notes due '40
9/2/10 10Q
8/17/10 8K re: 2Q results 8/1/10
Intel INTC: 10/13/10 & 10/12/10 2 8Ks re: results for 3Q ended 9/25/10
8/30/10 8K re: acquisition of Infineion's Wireless Business for $1.4 bil to close 1Q '11
8/27/10 8K re: lower expectations for 3Q result
8/19/10 8K re; transcript of conference call announcing acquisition of McAfee, Inc.
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.
IBM:10/19/10 & 10/18/10 2 8Ks re: results for 3Q ended 9/30/10
8/31/10 8K re: FD disclosure re:change in reporting operating income
8/4/10 8K re: issuance of $1.5 bil of debt
JPMorganChase JPM: 10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results
10/13/10 8K re: 3Q results of $1.01 per share
9/15/10 8K re: presentation to a US fin'l services investor conference
8/6/10 10Q 2Q 6/30/10
Johnson & Johnson JNJ : 10/19/10 8K re: results for 3Q ended 10/3/10
10/6/10 SC TO-C re: tender offer to buy Crucell N.V.
10/1/10 8K re; completion of acquisition of Micrus Endovascular Corp.
9/16/10 re: retirement of Colleen Goggins, Worldwide Chair of Consumer Group
8/18/10 8K: re: offer of 2.95% Notes due '20 & 4.5% Notes due '40
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: 10/6/10 & 9/20/10 2 8Ks re: buyback of 5.125% Cadbury Notes due '13
9/15/10 8K re: new global growth strategy
8/19/10 10Q/A amended prior 10Q
8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting
McDonalds MCD: 10/21/10 8K re: 3Q earnings rise 12%
9/24/10 8K re: dividend increase of 11% to 0.61 per share
9/10/10 8K re: global sales in Aug. up 4.9%
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
Merck MRK:10/14/10 8K re: status of Remicade & Simponi arbitration
9/7/10 8K re: arbitration re: Merck's rights to distribute Remicade & Simponi based on agreements from Merck's acquisition of Schering-Plough
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.
Microsoft MSFT: 10/22; 10/12; 10/14; 10/1 & 9/30/10 Proxy Statement materials re: Annual Shareholder Meeting to be held on 11/16/10 at 8am at Meydenbauer Center, Bellevue WA
9/27/10 8K re: sale of notes
9/13/10 8K re: resignation of Stephen Elop as Pres. of Microsoft Bus. Div. to become CEO of Nokia
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:10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's pruchase of King Pharmaceuticals, Inc.
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: 10/14/10 8K re: voting results from 10/12/10 Annual Shareholders Meeting
10/12/10 8K re: dividend of 0.4818 cents per share
10/12/10 8K re: CEO's address at Annual Shareholders Meeting
8/27/10 Proxy Stmt re: Annual Shareholder Meeting to be held Tues. 10/12/10 at 9:00 am in Cincinnati, Ohio
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.
3M MMM:10/8/10 SC TO-T/A re: tender offer statement re: Cogent offer
8/30/10 8K re: acquisition of Cogent Inc. for $10.50 per share or $943 mil.
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:10/21/10 8K & 10Q re: 3Q ended 9/30/10
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
United Technologies UTX:10/20/10 8K re: 3Q results
9/24/10 8K re: departure of certain officers
8/31/10 8K re: redemption of 6.35% Notes due '11
8/19/10 8K re: departure of EVP Ari Bousbib to become CEO of IMS Health
7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results5/27/10 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.
Verizon Communications Inc. VZ: 10/22/10 8K re: 3Q results
10/18/10 8K re: in'l info re: divestitures relating to 1/09 acquisition of Alltel Corp.
9/20/10 8K re: appointment of Verizon Wireless Pres/CEO Lowell C. McAdams as Pres/COO of Verizon Communications effective 10/1/10
9/13/10 8K re: retirement of John F. Killian as CFO
9/10/10 8K re: reclassification of results due to spin off of assets as a result of Alltel acquisition
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.
WalMart WMT:10/22/10 8K re: issuance of Notes due 2013
9/29/10 8K re: election of Charles Holley as CFO
9/1/10 10Q
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 Edwardo Castro-Wright as CEO for global.com & William S. Simon as CEO of Walmart U.S.
6/9/10 8K re: results of 6/4 annual meeting of shareholders.
Tuesday, November 30, 2010
11/30/10 Tues am
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. 753 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 and recent Dow 30 component's SEC filings.
A read of Tuesday's Wall St. Journal, Financial Times, USA Today, New York Times, 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 Monday's stock prices and related data.
Dow: The Dow: The Dow Jones Industrial Average closed Monday at 11,052.49 down 39.51 or 0.36% from Monday's close of 11,092. Of the 30 Dow Jones component companies 10 gained, P&G was unchanged and 19 declined. The biggest gainer dollar-wise and percentage-wise was American Express AXP $43.33 +1.06 2.51% 10,379,629 NYSE. The biggest decliner dollar-wise was Coke KO $63.39 -0.72 1.12% 11,198,087 NYSE and percentage-wise was Hewlett-Packard HPQ $42.6 -0.60 1.39% 20,622,805 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 is 14.14 unchanged from Monday's 14.14 (year ago it was 17.89); the P/E estimate is 13.17 unchanged from Monday's 13.17 (year ago it was 16.04) and the dividend yield is 2.57 up from Monday's 2.57 (last year it was 2.71). 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 1,460.36 down 6.24 from Friday's closing numerator of 1,465.58. 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 for today by the divisor (0.132129493) you get the decrease in today's Dow. 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 $48.68 down 0.17 from Friday's Dow Jones Industrial Average average closing price of $48.85. The median closing price of Monday's Dow Jones Industrial Average was $42.93 down 0.03 (HPQ/AXP) up 0.30 from Friday's closing median price of $42.95. The lowest volume was 3M MMM $84.22 -0.18 0.21% 3,588,725 NYSE and the highest volume was again Bank of America BAC $11.31 +0.19 1.71% 144,663,720 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 lost $522 ($146,558 - $146,036)
MarketWatch Monday 11/29/10 1: by Donna Yesalavich Gibson says U.S. stocks
Monday's Closing Dow Numbers:
Symbol Last Sale Change % Change Share Volume Market
AT&T T $27.7 -0.23 0.82% 24,471,322 NYSE
Alcoa AA $13.29 +0.12 0.91% 21,849,739 NYSE
American Express AXP $43.33 +1.06 2.51% 10,379,629 NYSE
Bank of America BAC $11.31 +0.19 1.71% 144,663,720 NYSE
Boeing BA $64.36 -0.44 0.68% 4,384,799 NYSE
Caterpillar CAT $83.67 -0.46 0.55% 5,086,679 NYSE
Chevron CVX $81.69 -0.36 0.44% 9,066,599 NYSE
CSCO $19.44 -0.05 0.26% 51,959,107 NASDAQ-GS
Coke KO $63.39 -0.72 1.12% 11,198,087 NYSE
DIS $36.42 -0.28 0.76% 8,494,429 NYSE
DuPont DD $46.92 +0.61 1.32% 6,875,108 NYSE
Exxon XOM $69.45 +0.22 0.32% 20,024,788 NYSE
GE $15.97 +0.17 1.08% 56,512,037 NYSE
Hewlett-Packard HPQ $42.6 -0.60 1.39% 20,622,805 NYSE
Home Depot HD $30.69 -0.31 1% 11,838,414 NYSE
Intel INTC $21.33 -0.01 0.05% 46,876,026 NASDAQ-GS
IBM $142.89 -1.01 0.7% 5,040,006 NYSE
JPMorgan JPM $37.91 +0.41 1.09% 30,919,207 NYSE
JNJ $61.91 -0.39 0.63% 12,017,000 NYSE
Kraft KFT $30.19 -0.11 0.36% 10,223,870 NYSE
McDonald's MCD $78.26 -0.28 0.36% 4,977,413 NYSE
MRK $34.69 -0.10 0.29% 13,323,989 NYSE
MSFT $25.31 +0.06 0.24% 56,595,794 NASDAQ-GS
Pfizer PFE $16.56 +0.07 0.42% 39,070,036 NYSE
Procter & Gamble PG $62.13 unch unch 8,430,535 NYSE
3M MMM $84.22 -0.18 0.21% 3,588,725 NYSE
Travelers TRV $54.18 -0.19 0.35% 5,350,484 NYSE
United Tech UTX $74.8 -0.48 0.64% 4,357,748 NYSE
Verizon VZ $31.9 -0.31 0.96% 14,911,178 DualListed
Walmart WMT $53.85 +0.11 0.2% 10,786,578 NYSE
*********************
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 Leo Apotheker (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 10/24/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $338 [5]
2. Microsoft MSFT 219.5 [9]
3. WalMart WMT 196.5 [3.5]
4. Procter & Gamble PG 180 [3]
5. IBM 176 [1]
6. Johnson & Johnson JNJ 176 [3]
7. GE 171.5 [10.5]
8. Chevron CVX 170 [2]
9. AT&T T 167 [6]
10. JPMorgan Chase JPM 149 [4]
11. Coke KO 142 [2.5]
12. Pfizer PFE 140 [8]
13. Cisco CSCO 134 [6]
14. Bank of America BAC 115 [10]
15. Merck MRK 114 [3]
16. Intel INTC 110.5 [5.5]
17. Hewlett-Packard HPQ 97 [2.5]
18. Verizon VZ 95 [3]
19. McDonald's MCD 83.5 [1]
20. United Technologies UTX 69.5 [1]
21. Disney DIS 67 [2]
22. 3M MMM 64.5 [.5]
23. Kraft KFT 55.5 [2]
24. Home Depot 52.5 [1.5]
25. Boeing BA 52 [1]
26. Caterpillar CAT 49 [.5]
27. American Express AXP 47 [1]
28. DuPont DD 42.5 [1]
29. Travelers 26 [.5]
30. Alcoa AA 13 [1]
Here are the latest SEC filings as of 10/24/10 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: 10/21/10 & 10/10/10 2 8K's re: 3Q earnings of $2.08 per share
10/1/10 8K re: settlement with IRS to pay $300 mil re: '08 tax returns
9/3/10 8K re: increasing Board from 12 to 13 & election of Matthew K. Rose as director
9/2/10 8K re: issuance of 5.35% Notes due '40
8/19/10 8K re: agreement with Comm. Workers of America for a new 3 year contract for the 4,000 CWA workers in AT&T's East region
8/18/10 8K re: exchange offer of 5.35% Notes due '40 for outstanding 8.85% Sr. Notes of New Cingular Wireless due '31
Alcoa AA: 10/22/10 10Q for 3Q ended 9/30/10
10/12 8K re: transcript of 3Q earnings conference
10/8/10 8K re: 3Q results
8/24/10 8K re: tender offer for its 6% Notes due '12 & 5.3% Notes due '13
8/23/10 10Q/A amends prior 10Q
8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes
American Express AXP: 10/21/10 8K re: 3Q results
10/15/10 8K re: delinquency & write-off statistics
10/4/10 8K re: antitrust lawsuit filed by US Dept. of Justice accusing Amex of forcing merchants not to use competitors' services
9/15/10 8K re: delinquency & write-off stats
9/15/10 8K re: changes to certain credit cards
8/16/10 2 8Ks re: delinquency and write-off statistics
Bank of Am BAC: 10/20/108K re: registration of 50,354,545 shares
10/19/10 8K re: 3Q results
10/8/10 8K re: extension of BofA's review of foreclosures in all 50 states
8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments
Boeing BA: 10/10/10 10Q re: 3Q ended 9/30/10
10/10/10 8K re: 3Q results of $1.12 per share
8/27/10 8K re: delay of delivery of first 787 to mid 1Q '11 due to Rolls Royce Engine supply problems
Caterpiller CAT: 10/21/10 8K re: Sept. dealer stats
10/21/10 8K re: 3Q results
9/30/10 8K re: change of prices
9/21/10 8K re: credit facility
9/17/10 8K re: dealer stats
Chevron CVX: 10/12/10 *K re: 3Q fin'l update
9/30/10 8K re: bylaws amendments
8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
Cisco CSCO 9/28/10 Def. Proxy materials
9/22/10 8K re: stock trading plans for directors
9/21/10 10K for year ended 7/31/10
9/16/10 8K re: award of employee stock options
9/10/10 Prelim Proxy Stmt re: Annual Shareholders Meeting on 11/18/10 at Santa Clara, Cal.
8/11/10 8K re: 4Q results fiscal year 7/31/10
Coke KO 10/19/10 8K re: 3Q fin'l results
10/5/10 8K re: completion of buyout of Coca-Cola Enterprises
9/27/10 8K re: settlement in Georgia of one of 3 shareholder class action suits challenging takeover of CCE
8/27 & 8/24 8Ks re: refiling of Hart-Scott-Rodino filing & similar filing with Candadian Corp. Bureau to give regulators more time to review acquisition of Coca-Cola Enterprises
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: 10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm
10/3/10 8K re: 3Q earnings'9/28/10 8K re: NBC Universal offer to sell notes in a private placement
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
Hewlett-Packard HPQ: 10/18/10 8K re: election of Leo Aptheker as Pres/CEO
9/28/10 8K re: outlook for fiscal year '11
9/20/10 8K re: resolving litigation against ex-CEO mark Hurd
9/13/10 8K re: sale of Global Notes
9/9/10 10Q
9/7/10 8K re; agreement to buy 3Par, Inc.
8/30/10 8K re: Board authorizing add'l $10 bil for share repurchases
8/23/10 8K re: proposal to buy 3Par for $24 per share cash
8/19/10 8K re: reporting 3Q results
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
Home Depot HD: 9/10/10 re: sale of 3.95% Sr. Note due '20 & 5.4% Sr. Notes due '40
9/2/10 10Q
8/17/10 8K re: 2Q results 8/1/10
Intel INTC: 10/13/10 & 10/12/10 2 8Ks re: results for 3Q ended 9/25/10
8/30/10 8K re: acquisition of Infineion's Wireless Business for $1.4 bil to close 1Q '11
8/27/10 8K re: lower expectations for 3Q result
8/19/10 8K re; transcript of conference call announcing acquisition of McAfee, Inc.
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.
IBM:10/19/10 & 10/18/10 2 8Ks re: results for 3Q ended 9/30/10
8/31/10 8K re: FD disclosure re:change in reporting operating income
8/4/10 8K re: issuance of $1.5 bil of debt
JPMorganChase JPM: 10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results
10/13/10 8K re: 3Q results of $1.01 per share
9/15/10 8K re: presentation to a US fin'l services investor conference
8/6/10 10Q 2Q 6/30/10
Johnson & Johnson JNJ : 10/19/10 8K re: results for 3Q ended 10/3/10
10/6/10 SC TO-C re: tender offer to buy Crucell N.V.
10/1/10 8K re; completion of acquisition of Micrus Endovascular Corp.
9/16/10 re: retirement of Colleen Goggins, Worldwide Chair of Consumer Group
8/18/10 8K: re: offer of 2.95% Notes due '20 & 4.5% Notes due '40
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: 10/6/10 & 9/20/10 2 8Ks re: buyback of 5.125% Cadbury Notes due '13
9/15/10 8K re: new global growth strategy
8/19/10 10Q/A amended prior 10Q
8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting
McDonalds MCD: 10/21/10 8K re: 3Q earnings rise 12%
9/24/10 8K re: dividend increase of 11% to 0.61 per share
9/10/10 8K re: global sales in Aug. up 4.9%
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
Merck MRK:10/14/10 8K re: status of Remicade & Simponi arbitration
9/7/10 8K re: arbitration re: Merck's rights to distribute Remicade & Simponi based on agreements from Merck's acquisition of Schering-Plough
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.
Microsoft MSFT: 10/22; 10/12; 10/14; 10/1 & 9/30/10 Proxy Statement materials re: Annual Shareholder Meeting to be held on 11/16/10 at 8am at Meydenbauer Center, Bellevue WA
9/27/10 8K re: sale of notes
9/13/10 8K re: resignation of Stephen Elop as Pres. of Microsoft Bus. Div. to become CEO of Nokia
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:10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's pruchase of King Pharmaceuticals, Inc.
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: 10/14/10 8K re: voting results from 10/12/10 Annual Shareholders Meeting
10/12/10 8K re: dividend of 0.4818 cents per share
10/12/10 8K re: CEO's address at Annual Shareholders Meeting
8/27/10 Proxy Stmt re: Annual Shareholder Meeting to be held Tues. 10/12/10 at 9:00 am in Cincinnati, Ohio
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.
3M MMM:10/8/10 SC TO-T/A re: tender offer statement re: Cogent offer
8/30/10 8K re: acquisition of Cogent Inc. for $10.50 per share or $943 mil.
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:10/21/10 8K & 10Q re: 3Q ended 9/30/10
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
United Technologies UTX:10/20/10 8K re: 3Q results
9/24/10 8K re: departure of certain officers
8/31/10 8K re: redemption of 6.35% Notes due '11
8/19/10 8K re: departure of EVP Ari Bousbib to become CEO of IMS Health
7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results5/27/10 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.
Verizon Communications Inc. VZ: 10/22/10 8K re: 3Q results
10/18/10 8K re: in'l info re: divestitures relating to 1/09 acquisition of Alltel Corp.
9/20/10 8K re: appointment of Verizon Wireless Pres/CEO Lowell C. McAdams as Pres/COO of Verizon Communications effective 10/1/10
9/13/10 8K re: retirement of John F. Killian as CFO
9/10/10 8K re: reclassification of results due to spin off of assets as a result of Alltel acquisition
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.
WalMart WMT:10/22/10 8K re: issuance of Notes due 2013
9/29/10 8K re: election of Charles Holley as CFO
9/1/10 10Q
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 Edwardo Castro-Wright as CEO for global.com & William S. Simon as CEO of Walmart U.S.
6/9/10 8K re: results of 6/4 annual meeting of shareholders.
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. 753 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 and recent Dow 30 component's SEC filings.
A read of Tuesday's Wall St. Journal, Financial Times, USA Today, New York Times, 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 Monday's stock prices and related data.
Dow: The Dow: The Dow Jones Industrial Average closed Monday at 11,052.49 down 39.51 or 0.36% from Monday's close of 11,092. Of the 30 Dow Jones component companies 10 gained, P&G was unchanged and 19 declined. The biggest gainer dollar-wise and percentage-wise was American Express AXP $43.33 +1.06 2.51% 10,379,629 NYSE. The biggest decliner dollar-wise was Coke KO $63.39 -0.72 1.12% 11,198,087 NYSE and percentage-wise was Hewlett-Packard HPQ $42.6 -0.60 1.39% 20,622,805 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 is 14.14 unchanged from Monday's 14.14 (year ago it was 17.89); the P/E estimate is 13.17 unchanged from Monday's 13.17 (year ago it was 16.04) and the dividend yield is 2.57 up from Monday's 2.57 (last year it was 2.71). 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 1,460.36 down 6.24 from Friday's closing numerator of 1,465.58. 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 for today by the divisor (0.132129493) you get the decrease in today's Dow. 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 $48.68 down 0.17 from Friday's Dow Jones Industrial Average average closing price of $48.85. The median closing price of Monday's Dow Jones Industrial Average was $42.93 down 0.03 (HPQ/AXP) up 0.30 from Friday's closing median price of $42.95. The lowest volume was 3M MMM $84.22 -0.18 0.21% 3,588,725 NYSE and the highest volume was again Bank of America BAC $11.31 +0.19 1.71% 144,663,720 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 lost $522 ($146,558 - $146,036)
MarketWatch Monday 11/29/10 1: by Donna Yesalavich Gibson says U.S. stocks
Monday's Closing Dow Numbers:
Symbol Last Sale Change % Change Share Volume Market
AT&T T $27.7 -0.23 0.82% 24,471,322 NYSE
Alcoa AA $13.29 +0.12 0.91% 21,849,739 NYSE
American Express AXP $43.33 +1.06 2.51% 10,379,629 NYSE
Bank of America BAC $11.31 +0.19 1.71% 144,663,720 NYSE
Boeing BA $64.36 -0.44 0.68% 4,384,799 NYSE
Caterpillar CAT $83.67 -0.46 0.55% 5,086,679 NYSE
Chevron CVX $81.69 -0.36 0.44% 9,066,599 NYSE
CSCO $19.44 -0.05 0.26% 51,959,107 NASDAQ-GS
Coke KO $63.39 -0.72 1.12% 11,198,087 NYSE
DIS $36.42 -0.28 0.76% 8,494,429 NYSE
DuPont DD $46.92 +0.61 1.32% 6,875,108 NYSE
Exxon XOM $69.45 +0.22 0.32% 20,024,788 NYSE
GE $15.97 +0.17 1.08% 56,512,037 NYSE
Hewlett-Packard HPQ $42.6 -0.60 1.39% 20,622,805 NYSE
Home Depot HD $30.69 -0.31 1% 11,838,414 NYSE
Intel INTC $21.33 -0.01 0.05% 46,876,026 NASDAQ-GS
IBM $142.89 -1.01 0.7% 5,040,006 NYSE
JPMorgan JPM $37.91 +0.41 1.09% 30,919,207 NYSE
JNJ $61.91 -0.39 0.63% 12,017,000 NYSE
Kraft KFT $30.19 -0.11 0.36% 10,223,870 NYSE
McDonald's MCD $78.26 -0.28 0.36% 4,977,413 NYSE
MRK $34.69 -0.10 0.29% 13,323,989 NYSE
MSFT $25.31 +0.06 0.24% 56,595,794 NASDAQ-GS
Pfizer PFE $16.56 +0.07 0.42% 39,070,036 NYSE
Procter & Gamble PG $62.13 unch unch 8,430,535 NYSE
3M MMM $84.22 -0.18 0.21% 3,588,725 NYSE
Travelers TRV $54.18 -0.19 0.35% 5,350,484 NYSE
United Tech UTX $74.8 -0.48 0.64% 4,357,748 NYSE
Verizon VZ $31.9 -0.31 0.96% 14,911,178 DualListed
Walmart WMT $53.85 +0.11 0.2% 10,786,578 NYSE
*********************
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 Leo Apotheker (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 10/24/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $338 [5]
2. Microsoft MSFT 219.5 [9]
3. WalMart WMT 196.5 [3.5]
4. Procter & Gamble PG 180 [3]
5. IBM 176 [1]
6. Johnson & Johnson JNJ 176 [3]
7. GE 171.5 [10.5]
8. Chevron CVX 170 [2]
9. AT&T T 167 [6]
10. JPMorgan Chase JPM 149 [4]
11. Coke KO 142 [2.5]
12. Pfizer PFE 140 [8]
13. Cisco CSCO 134 [6]
14. Bank of America BAC 115 [10]
15. Merck MRK 114 [3]
16. Intel INTC 110.5 [5.5]
17. Hewlett-Packard HPQ 97 [2.5]
18. Verizon VZ 95 [3]
19. McDonald's MCD 83.5 [1]
20. United Technologies UTX 69.5 [1]
21. Disney DIS 67 [2]
22. 3M MMM 64.5 [.5]
23. Kraft KFT 55.5 [2]
24. Home Depot 52.5 [1.5]
25. Boeing BA 52 [1]
26. Caterpillar CAT 49 [.5]
27. American Express AXP 47 [1]
28. DuPont DD 42.5 [1]
29. Travelers 26 [.5]
30. Alcoa AA 13 [1]
Here are the latest SEC filings as of 10/24/10 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: 10/21/10 & 10/10/10 2 8K's re: 3Q earnings of $2.08 per share
10/1/10 8K re: settlement with IRS to pay $300 mil re: '08 tax returns
9/3/10 8K re: increasing Board from 12 to 13 & election of Matthew K. Rose as director
9/2/10 8K re: issuance of 5.35% Notes due '40
8/19/10 8K re: agreement with Comm. Workers of America for a new 3 year contract for the 4,000 CWA workers in AT&T's East region
8/18/10 8K re: exchange offer of 5.35% Notes due '40 for outstanding 8.85% Sr. Notes of New Cingular Wireless due '31
Alcoa AA: 10/22/10 10Q for 3Q ended 9/30/10
10/12 8K re: transcript of 3Q earnings conference
10/8/10 8K re: 3Q results
8/24/10 8K re: tender offer for its 6% Notes due '12 & 5.3% Notes due '13
8/23/10 10Q/A amends prior 10Q
8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes
American Express AXP: 10/21/10 8K re: 3Q results
10/15/10 8K re: delinquency & write-off statistics
10/4/10 8K re: antitrust lawsuit filed by US Dept. of Justice accusing Amex of forcing merchants not to use competitors' services
9/15/10 8K re: delinquency & write-off stats
9/15/10 8K re: changes to certain credit cards
8/16/10 2 8Ks re: delinquency and write-off statistics
Bank of Am BAC: 10/20/108K re: registration of 50,354,545 shares
10/19/10 8K re: 3Q results
10/8/10 8K re: extension of BofA's review of foreclosures in all 50 states
8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments
Boeing BA: 10/10/10 10Q re: 3Q ended 9/30/10
10/10/10 8K re: 3Q results of $1.12 per share
8/27/10 8K re: delay of delivery of first 787 to mid 1Q '11 due to Rolls Royce Engine supply problems
Caterpiller CAT: 10/21/10 8K re: Sept. dealer stats
10/21/10 8K re: 3Q results
9/30/10 8K re: change of prices
9/21/10 8K re: credit facility
9/17/10 8K re: dealer stats
Chevron CVX: 10/12/10 *K re: 3Q fin'l update
9/30/10 8K re: bylaws amendments
8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
Cisco CSCO 9/28/10 Def. Proxy materials
9/22/10 8K re: stock trading plans for directors
9/21/10 10K for year ended 7/31/10
9/16/10 8K re: award of employee stock options
9/10/10 Prelim Proxy Stmt re: Annual Shareholders Meeting on 11/18/10 at Santa Clara, Cal.
8/11/10 8K re: 4Q results fiscal year 7/31/10
Coke KO 10/19/10 8K re: 3Q fin'l results
10/5/10 8K re: completion of buyout of Coca-Cola Enterprises
9/27/10 8K re: settlement in Georgia of one of 3 shareholder class action suits challenging takeover of CCE
8/27 & 8/24 8Ks re: refiling of Hart-Scott-Rodino filing & similar filing with Candadian Corp. Bureau to give regulators more time to review acquisition of Coca-Cola Enterprises
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: 10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm
10/3/10 8K re: 3Q earnings'9/28/10 8K re: NBC Universal offer to sell notes in a private placement
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
Hewlett-Packard HPQ: 10/18/10 8K re: election of Leo Aptheker as Pres/CEO
9/28/10 8K re: outlook for fiscal year '11
9/20/10 8K re: resolving litigation against ex-CEO mark Hurd
9/13/10 8K re: sale of Global Notes
9/9/10 10Q
9/7/10 8K re; agreement to buy 3Par, Inc.
8/30/10 8K re: Board authorizing add'l $10 bil for share repurchases
8/23/10 8K re: proposal to buy 3Par for $24 per share cash
8/19/10 8K re: reporting 3Q results
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
Home Depot HD: 9/10/10 re: sale of 3.95% Sr. Note due '20 & 5.4% Sr. Notes due '40
9/2/10 10Q
8/17/10 8K re: 2Q results 8/1/10
Intel INTC: 10/13/10 & 10/12/10 2 8Ks re: results for 3Q ended 9/25/10
8/30/10 8K re: acquisition of Infineion's Wireless Business for $1.4 bil to close 1Q '11
8/27/10 8K re: lower expectations for 3Q result
8/19/10 8K re; transcript of conference call announcing acquisition of McAfee, Inc.
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.
IBM:10/19/10 & 10/18/10 2 8Ks re: results for 3Q ended 9/30/10
8/31/10 8K re: FD disclosure re:change in reporting operating income
8/4/10 8K re: issuance of $1.5 bil of debt
JPMorganChase JPM: 10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results
10/13/10 8K re: 3Q results of $1.01 per share
9/15/10 8K re: presentation to a US fin'l services investor conference
8/6/10 10Q 2Q 6/30/10
Johnson & Johnson JNJ : 10/19/10 8K re: results for 3Q ended 10/3/10
10/6/10 SC TO-C re: tender offer to buy Crucell N.V.
10/1/10 8K re; completion of acquisition of Micrus Endovascular Corp.
9/16/10 re: retirement of Colleen Goggins, Worldwide Chair of Consumer Group
8/18/10 8K: re: offer of 2.95% Notes due '20 & 4.5% Notes due '40
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: 10/6/10 & 9/20/10 2 8Ks re: buyback of 5.125% Cadbury Notes due '13
9/15/10 8K re: new global growth strategy
8/19/10 10Q/A amended prior 10Q
8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting
McDonalds MCD: 10/21/10 8K re: 3Q earnings rise 12%
9/24/10 8K re: dividend increase of 11% to 0.61 per share
9/10/10 8K re: global sales in Aug. up 4.9%
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
Merck MRK:10/14/10 8K re: status of Remicade & Simponi arbitration
9/7/10 8K re: arbitration re: Merck's rights to distribute Remicade & Simponi based on agreements from Merck's acquisition of Schering-Plough
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.
Microsoft MSFT: 10/22; 10/12; 10/14; 10/1 & 9/30/10 Proxy Statement materials re: Annual Shareholder Meeting to be held on 11/16/10 at 8am at Meydenbauer Center, Bellevue WA
9/27/10 8K re: sale of notes
9/13/10 8K re: resignation of Stephen Elop as Pres. of Microsoft Bus. Div. to become CEO of Nokia
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:10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's pruchase of King Pharmaceuticals, Inc.
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: 10/14/10 8K re: voting results from 10/12/10 Annual Shareholders Meeting
10/12/10 8K re: dividend of 0.4818 cents per share
10/12/10 8K re: CEO's address at Annual Shareholders Meeting
8/27/10 Proxy Stmt re: Annual Shareholder Meeting to be held Tues. 10/12/10 at 9:00 am in Cincinnati, Ohio
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.
3M MMM:10/8/10 SC TO-T/A re: tender offer statement re: Cogent offer
8/30/10 8K re: acquisition of Cogent Inc. for $10.50 per share or $943 mil.
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:10/21/10 8K & 10Q re: 3Q ended 9/30/10
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
United Technologies UTX:10/20/10 8K re: 3Q results
9/24/10 8K re: departure of certain officers
8/31/10 8K re: redemption of 6.35% Notes due '11
8/19/10 8K re: departure of EVP Ari Bousbib to become CEO of IMS Health
7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results5/27/10 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.
Verizon Communications Inc. VZ: 10/22/10 8K re: 3Q results
10/18/10 8K re: in'l info re: divestitures relating to 1/09 acquisition of Alltel Corp.
9/20/10 8K re: appointment of Verizon Wireless Pres/CEO Lowell C. McAdams as Pres/COO of Verizon Communications effective 10/1/10
9/13/10 8K re: retirement of John F. Killian as CFO
9/10/10 8K re: reclassification of results due to spin off of assets as a result of Alltel acquisition
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.
WalMart WMT:10/22/10 8K re: issuance of Notes due 2013
9/29/10 8K re: election of Charles Holley as CFO
9/1/10 10Q
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 Edwardo Castro-Wright as CEO for global.com & William S. Simon as CEO of Walmart U.S.
6/9/10 8K re: results of 6/4 annual meeting of shareholders.
11/29/10 Mon pm Dow Closes 11052.49 down 39.51 or 0.36%
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. 752 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 and recent Dow 30 component's SEC filings.
The Dow Jones Industrial Average closed Monday at 11,052.49 down 39.51 or 0.36% from Monday's close of 11,092. Of the 30 Dow Jones component companies 10 gained, P&G was unchanged and 19 declined. The biggest gainer dollar-wise and percentage-wise was American Express AXP $43.33 +1.06 2.51% 10,379,629 NYSE. The biggest decliner dollar-wise was Coke KO $63.39 -0.72 1.12% 11,198,087 NYSE and percentage-wise was Hewlett-Packard HPQ $42.6 -0.60 1.39% 20,622,805 NYSE.
As of the open of the market Monday, 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 is 14.14 unchanged from Friday's 14.14 (year ago it was 17.89); the P/E estimate is 13.17 unchanged from Friday's 13.17 (year ago it was 16.04) and the dividend yield is 2.57 up from Friday's 2.57 (last year it was 2.71). 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 1,460.36 down 6.24 from Friday's closing numerator of 1,465.58. 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 for today by the divisor (0.132129493) you get the decrease in today's Dow. 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 $48.68 down 0.17 from Friday's Dow Jones Industrial Average average closing price of $48.85. The median closing price of Monday's Dow Jones Industrial Average was $42.93 down 0.03 (HPQ/AXP) up 0.30 from Friday's closing median price of $42.95. The lowest volume was 3M MMM $84.22 -0.18 0.21% 3,588,725 NYSE and the highest volume was again Bank of America BAC $11.31 +0.19 1.71% 144,663,720 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 lost $522 ($146,558 - $146,036)
MarketWatch Monday 11/29/10 1: by Donna Yesalavich Gibson says U.S. stocks
Monday's Closing Dow Numbers:
Symbol Last Sale Change % Change Share Volume Market
AT&T T $27.7 -0.23 0.82% 24,471,322 NYSE
Alcoa AA $13.29 +0.12 0.91% 21,849,739 NYSE
American Express AXP $43.33 +1.06 2.51% 10,379,629 NYSE
Bank of America BAC $11.31 +0.19 1.71% 144,663,720 NYSE
Boeing BA $64.36 -0.44 0.68% 4,384,799 NYSE
Caterpillar CAT $83.67 -0.46 0.55% 5,086,679 NYSE
Chevron CVX $81.69 -0.36 0.44% 9,066,599 NYSE
CSCO $19.44 -0.05 0.26% 51,959,107 NASDAQ-GS
Coke KO $63.39 -0.72 1.12% 11,198,087 NYSE
DIS $36.42 -0.28 0.76% 8,494,429 NYSE
DuPont DD $46.92 +0.61 1.32% 6,875,108 NYSE
Exxon XOM $69.45 +0.22 0.32% 20,024,788 NYSE
GE $15.97 +0.17 1.08% 56,512,037 NYSE
Hewlett-Packard HPQ $42.6 -0.60 1.39% 20,622,805 NYSE
Home Depot HD $30.69 -0.31 1% 11,838,414 NYSE
Intel INTC $21.33 -0.01 0.05% 46,876,026 NASDAQ-GS
IBM $142.89 -1.01 0.7% 5,040,006 NYSE
JPMorgan JPM $37.91 +0.41 1.09% 30,919,207 NYSE
JNJ $61.91 -0.39 0.63% 12,017,000 NYSE
Kraft KFT $30.19 -0.11 0.36% 10,223,870 NYSE
McDonald's MCD $78.26 -0.28 0.36% 4,977,413 NYSE
MRK $34.69 -0.10 0.29% 13,323,989 NYSE
MSFT $25.31 +0.06 0.24% 56,595,794 NASDAQ-GS
Pfizer PFE $16.56 +0.07 0.42% 39,070,036 NYSE
Procter & Gamble PG $62.13 unch unch 8,430,535 NYSE
3M MMM $84.22 -0.18 0.21% 3,588,725 NYSE
Travelers TRV $54.18 -0.19 0.35% 5,350,484 NYSE
United Tech UTX $74.8 -0.48 0.64% 4,357,748 NYSE
Verizon VZ $31.9 -0.31 0.96% 14,911,178 DualListed
Walmart WMT $53.85 +0.11 0.2% 10,786,578 NYSE
********************
The following are excerpts from Monday morning's Blog.
A read of Monday's 11/29 Barron's, Wall St. Journal, New York Times, 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 Friday's stock prices and related data.
Dow: The Dow: The Dow Jones Industrial Average closed Friday at 11,092 down 95.28 or 0.85% from Wednesday's close of 11,150.91. For the week the Dow was down 111.55 or %0.99% from last Friday's close of 11,203.55. Of the 30 Dow Jones component companies only Cisco gained and 29 declined. The only and biggest gainer dollar-wise and percentage-wise was Cisco CSCO $19.49 +0.03 0.15% 26,259,169 NASDAQ-GS. The biggest decliner dollar-wise was IBM $143.9 -1.91 1.31% 2,081,260 NYSE and percentage-wise was JPMorgan JPM $37.5 -0.66 1.73% 12,819,133 NYSE.
Friday's Dow Jones Industrial Average closing numerator was 1,465.58 down 12.59 from Wednesday's closing numerator of 1,478.17. 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 for today by the divisor (0.132129493) you get the decrease in today's Dow. 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 $48.85 down 0.37 from Wednesday's Dow Jones Industrial Average average closing price of $49.27. The median closing price of Friday's Dow Jones Industrial Average was $42.95 down 0.42 (HPQ/AXP) up 0.30 from Wednesday's closing median price of $43.37. The lowest volume was Travelers TRV $54.37 -0.74 1.34% 1,574,428 NYSE and the highest volume was again Bank of America BAC $11.12 0.16 1.42% 54,429,862 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 lost $1,259 ($147,817 - $146,558)
MarketWatch Friday 11/26/10 1:43 by Donna Yesalavich Gibson says U.S. stocks fell after spending Black Friday in the red as worries over the euro zone’s finances overshadowed positive readings on the start of the holiday shopping season.The Dow Jones Industrial Average (DJIA 11,092, -95.28, -0.85%) dropped 95.28 points, or 0.9%, to end at 11092. JP Morgan Chase (JPM 37.70, +0.12, +0.32%) and American Express fell the hardest, with both stocks losing fell 1.7%.Crowded stores, long lines and increased online traffic make Black Friday one of the most challenging shopping days of the year. The Nasdaq Composite (COMP 2,535, -8.56, -0.34%) dropped 0.3% to 2,534. The Standard & Poor’s 500 index (SPX 1,189, -8.95, -0.75%) declined 0.8% to 1189.The materials and energy sectors posted the biggest declines Friday as related commodities fell in a broad move away from risky assets.The declines came as investors homed in on Spain as another weak spot in the euro zone. Spanish Prime Minister Jose Luis Rodriguez Zapatero moved to dispel the growing anxiety, saying there was “absolutely” no chance the euro zone’s fourth-largest economy would seek a bailout from the European Union. But his attempt to calm the markets had little effect; the euro tumbled and the selloff in Spanish and Portuguese sovereign bonds continued. The euro traded at $1.3233.“Besides being one of the larger economies over there, it’s a renewal of contagion worries and ... it just puts further stress on the EU,” said Bernie Williams, vice president of private investment management at USAA Investment Management.European leaders sparred over whether to commit more funds to rescue struggling euro-zone countries, as financial-market pressure on the region’s weakest economies intensified. The European Union’s executive arm, the Brussels-based EU Commission, floated a proposal on Wednesday to double the size of Europe’s €440 billion ($588 billion) bailout fund for euro-zone governments, but the idea was dismissed by Germany, according to people familiar with the situation.The uncertainty of the euro-zone debt situation prompted investors to pull out of riskier assets, sending crude-oil futures lower. Metals futures also fell, prompting gold to slip to $1,362.40 an ounce.Investors sought safety in the dollar and U.S. Treasurys. The U.S. Dollar Index /(DXY 80.38, +0.52, +0.65%) , tracking the U.S. currency against six others, climbed 0.6%. Gains in Treasurys pushed the yield on the 10-year note (UST10Y 2.87, -0.04, -1.44%) down to 2.87%.The euro-zone worries overshadowed strong early signs on Black Friday sales in the U.S. Lines wrapped around stores and parking lots across the nation as shoppers sought early morning deals, especially on consumer electronics and toys. About 138 million Americans are expected to go shopping this weekend.Some $447 billion will be spent during the holiday season, up 2.3% from last year, the National Retail Federation predicts, with Black Friday weekend seeing about $41.2 billion in business. An NRF survey also found that up to 138 million people plan to shop this weekend, higher than the 134 million people who planned to do so last year.“The consumer, for all the unemployment worries, the ones that have jobs have held in there,” Williams said. Still, retail shares were mixed. Wal-Mart Stores (WMT 53.67, -0.07, -0.13%) fell 0.5%; Amazon.com (AMZN 177.24, +0.04, +0.02%) slipped fractionally and TJX Co. (TJX 46.35, +0.03, +0.07%) shed 0.3%, but GameStop (GME 20.57, +0.08, +0.41%) jumped 0.7%, Big Lots (BIG 30.96, +0.05, +0.15%) climbed 0.3% and Best Buy (BBY 44.50, -0.25, -0.56%) added 0.1%.Among other stocks in focus, Del Monte Foods (DLM 18.75, -0.08, -0.43%) rose 4.7% after the maker of pet foods and canned vegetables announced it agreed to a takeover by an investor group led by Kohlberg Kravis Roberts & Co. LP in what would be one of the year’s largest private-equity buyouts.
Friday's Closing Dow numbers and Mon news:
AT&T T $27.93 -0.21 0.75% 7,982,250 NYSE:
Alcoa AA $13.17 -0.14 1.05% 5,573,213 NYSE:
American Express AXP $42.27 -0.73 1.7% 2,999,912 NYSE: WSJ pB2 "Main Street offers mall alternative" by Emily Maltby says small businesses are getting a boost from American Express's "Small Business Saturday" promotion which encouraged holiday shoppers to buy from local stores.
Bank of Am BAC $11.12 -0.16 1.42% 54,429,862 NYSE:
Boeing BA $64.8 -0.61 0.93% 2,280,473 NYSE: Fin times p17 "ANA presses Boeing on 2 year delay to is Dreamliner delivery" by Pilita Clark says the 787 delays are a great disappointment to Boeing's first customer, All Nippon Airways who is pushing Boeing to present the detailed cause of the delay.
Caterpillar CAT $84.13 -0.56 0.66% 2,521,305 NYSE: Barron's p37 "Talking with Bruce Geller, CEO of Dalton, Greiner" by Dimitra Defotis says Geller lost money on mining equipment maker Bucyrus which is being bought by Caterpillar. As Walmart expands in US urban markets, he thinks that dollar store chains that overexpanded in the recession will suffer especially Dollar General which trades around 12 times trialing Ebitda compared with 7.5 for Walmart.
Chevron CVX $82.05 -0.88 1.06% 2,789,661 NYSE:
Cisco CSCO $19.49 +0.03 0.15% 26,259,169 NASDAQ-GS:
Coke KO $64.11 -0.50 0.77% 4,505,705 NYSE:
DIS $36.7 -0.17 0.46% 3,489,498 NYSE:
DuPont DD $46.31 -0.75 1.59% 3,485,807 NYSE: Barron's pM6 "Light metal in heavy demand" by Ed Welsch says DuPont is one of the largest producers of purified titanium dixoide and a seller and user of its pigment and they are bumping up against their capacity.
Exxon XOM $69.23 -0.65 0.93% 7,324,630 NYSE:
GE $15.8 -0.14 0.88% 17,443,094 NYSE:
Hewlett-Packard HPQ $43.2 -0.545 1.25% 9,895,932 NYSE: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Barron's "Week Review" p10 says Hewlett-Packard forecast earnings that exceeded analysts' estimates.
Barron's p42 "Will tablets kill the PC star? by Tiernan Ray says Hewlett-Packard gave the latest evidence slowing of laptop computers saying laptop rev fell 3% in the Q from a year earlier, while overall consumer rev was off 10%.
Home Depot HD $31 -0.16 0.51% 4,182,129 NYSE:
Intel INTC $21.34 -0.0475 0.22% 19,148,966 NASDAQ-GS:
IBM $143.9 -1.91 1.31% 2,081,260 NYSE:
JPMorgan JPM $37.5 -0.66 1.73% 12,819,133 NYSE:
Johnson & Johnson JNJ $62.3 -0.99 1.56% 4,638,810 NYSE:
Kraft KFT $30.3 -0.24 0.79% 3,162,989 NYSE: WSJ pC8 "Starbucks may spill Kraft's Coffee" by John Jannarone says a 2004 agreement between Kraft and Starbucks whereby Kraft distributes Starbucks products is being breached per Starbucks who claims Kraft isn't properly marketing the products.
Barron's p11 "Heading for a real jolt" by Maja Wallengren says it is a concern for major coffee roasters such as Starbucks and Kraft is that Brazil the world's largest coffee producer will start harvesting a smaller than normal crop by April next year just as global coffee stocks in importing nations will be nearly depleted and the only source of fresh supply will be from producing nations in the urgent need of selling.
McDonald's MCD $78.54 -0.94 1.18% 2,576,957 NYSE:
Merck MRK $34.79 -0.36 1.02% 7,114,598 NYSE:
MSFT $25.25 -0.12 0.47% 21,356,527 NASDAQ-GS: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Pfizer PFE $16.49 -0.2015 1.21% 16,480,091 NYSE:
Procter & Gam PG $62.13 -0.47 0.75% 3,916,474 NYSE:
3M MMM $84.4 -0.26 0.31% 1,661,261 NYSE:
Travelers TRV $54.37 -0.74 1.34% 1,574,428 NYSE:
United Tech UTX $75.28 -0.81 1.06% 1,963,880 NYSE:
Verizon VZ $32.21 -0.14 0.43% 6,078,298 DualListed: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Walmart WMT $53.74 -0.27 0.5% 4,154,989 NYSE: Barron's "The trader" by Dimitra DeFotis pM3 says Macy's shares rose 3.6% for the week, Target was up 1% and Walmart fell 1 for the week.
WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
*********************
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 Leo Apotheker (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 10/24/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $338 [5]
2. Microsoft MSFT 219.5 [9]
3. WalMart WMT 196.5 [3.5]
4. Procter & Gamble PG 180 [3]
5. IBM 176 [1]
6. Johnson & Johnson JNJ 176 [3]
7. GE 171.5 [10.5]
8. Chevron CVX 170 [2]
9. AT&T T 167 [6]
10. JPMorgan Chase JPM 149 [4]
11. Coke KO 142 [2.5]
12. Pfizer PFE 140 [8]
13. Cisco CSCO 134 [6]
14. Bank of America BAC 115 [10]
15. Merck MRK 114 [3]
16. Intel INTC 110.5 [5.5]
17. Hewlett-Packard HPQ 97 [2.5]
18. Verizon VZ 95 [3]
19. McDonald's MCD 83.5 [1]
20. United Technologies UTX 69.5 [1]
21. Disney DIS 67 [2]
22. 3M MMM 64.5 [.5]
23. Kraft KFT 55.5 [2]
24. Home Depot 52.5 [1.5]
25. Boeing BA 52 [1]
26. Caterpillar CAT 49 [.5]
27. American Express AXP 47 [1]
28. DuPont DD 42.5 [1]
29. Travelers 26 [.5]
30. Alcoa AA 13 [1]
Here are the latest SEC filings as of 10/24/10 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: 10/21/10 & 10/10/10 2 8K's re: 3Q earnings of $2.08 per share
10/1/10 8K re: settlement with IRS to pay $300 mil re: '08 tax returns
9/3/10 8K re: increasing Board from 12 to 13 & election of Matthew K. Rose as director
9/2/10 8K re: issuance of 5.35% Notes due '40
8/19/10 8K re: agreement with Comm. Workers of America for a new 3 year contract for the 4,000 CWA workers in AT&T's East region
8/18/10 8K re: exchange offer of 5.35% Notes due '40 for outstanding 8.85% Sr. Notes of New Cingular Wireless due '31
Alcoa AA: 10/22/10 10Q for 3Q ended 9/30/10
10/12 8K re: transcript of 3Q earnings conference
10/8/10 8K re: 3Q results
8/24/10 8K re: tender offer for its 6% Notes due '12 & 5.3% Notes due '13
8/23/10 10Q/A amends prior 10Q
8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes
American Express AXP: 10/21/10 8K re: 3Q results
10/15/10 8K re: delinquency & write-off statistics
10/4/10 8K re: antitrust lawsuit filed by US Dept. of Justice accusing Amex of forcing merchants not to use competitors' services
9/15/10 8K re: delinquency & write-off stats
9/15/10 8K re: changes to certain credit cards
8/16/10 2 8Ks re: delinquency and write-off statistics
Bank of Am BAC: 10/20/108K re: registration of 50,354,545 shares
10/19/10 8K re: 3Q results
10/8/10 8K re: extension of BofA's review of foreclosures in all 50 states
8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments
Boeing BA: 10/10/10 10Q re: 3Q ended 9/30/10
10/10/10 8K re: 3Q results of $1.12 per share
8/27/10 8K re: delay of delivery of first 787 to mid 1Q '11 due to Rolls Royce Engine supply problems
Caterpiller CAT: 10/21/10 8K re: Sept. dealer stats
10/21/10 8K re: 3Q results
9/30/10 8K re: change of prices
9/21/10 8K re: credit facility
9/17/10 8K re: dealer stats
Chevron CVX: 10/12/10 *K re: 3Q fin'l update
9/30/10 8K re: bylaws amendments
8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
Cisco CSCO 9/28/10 Def. Proxy materials
9/22/10 8K re: stock trading plans for directors
9/21/10 10K for year ended 7/31/10
9/16/10 8K re: award of employee stock options
9/10/10 Prelim Proxy Stmt re: Annual Shareholders Meeting on 11/18/10 at Santa Clara, Cal.
8/11/10 8K re: 4Q results fiscal year 7/31/10
Coke KO 10/19/10 8K re: 3Q fin'l results
10/5/10 8K re: completion of buyout of Coca-Cola Enterprises
9/27/10 8K re: settlement in Georgia of one of 3 shareholder class action suits challenging takeover of CCE
8/27 & 8/24 8Ks re: refiling of Hart-Scott-Rodino filing & similar filing with Candadian Corp. Bureau to give regulators more time to review acquisition of Coca-Cola Enterprises
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: 10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm
10/3/10 8K re: 3Q earnings'9/28/10 8K re: NBC Universal offer to sell notes in a private placement
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
Hewlett-Packard HPQ: 10/18/10 8K re: election of Leo Aptheker as Pres/CEO
9/28/10 8K re: outlook for fiscal year '11
9/20/10 8K re: resolving litigation against ex-CEO mark Hurd
9/13/10 8K re: sale of Global Notes
9/9/10 10Q
9/7/10 8K re; agreement to buy 3Par, Inc.
8/30/10 8K re: Board authorizing add'l $10 bil for share repurchases
8/23/10 8K re: proposal to buy 3Par for $24 per share cash
8/19/10 8K re: reporting 3Q results
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
Home Depot HD: 9/10/10 re: sale of 3.95% Sr. Note due '20 & 5.4% Sr. Notes due '40
9/2/10 10Q
8/17/10 8K re: 2Q results 8/1/10
Intel INTC: 10/13/10 & 10/12/10 2 8Ks re: results for 3Q ended 9/25/10
8/30/10 8K re: acquisition of Infineion's Wireless Business for $1.4 bil to close 1Q '11
8/27/10 8K re: lower expectations for 3Q result
8/19/10 8K re; transcript of conference call announcing acquisition of McAfee, Inc.
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.
IBM:10/19/10 & 10/18/10 2 8Ks re: results for 3Q ended 9/30/10
8/31/10 8K re: FD disclosure re:change in reporting operating income
8/4/10 8K re: issuance of $1.5 bil of debt
JPMorganChase JPM: 10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results
10/13/10 8K re: 3Q results of $1.01 per share
9/15/10 8K re: presentation to a US fin'l services investor conference
8/6/10 10Q 2Q 6/30/10
Johnson & Johnson JNJ : 10/19/10 8K re: results for 3Q ended 10/3/10
10/6/10 SC TO-C re: tender offer to buy Crucell N.V.
10/1/10 8K re; completion of acquisition of Micrus Endovascular Corp.
9/16/10 re: retirement of Colleen Goggins, Worldwide Chair of Consumer Group
8/18/10 8K: re: offer of 2.95% Notes due '20 & 4.5% Notes due '40
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: 10/6/10 & 9/20/10 2 8Ks re: buyback of 5.125% Cadbury Notes due '13
9/15/10 8K re: new global growth strategy
8/19/10 10Q/A amended prior 10Q
8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting
McDonalds MCD: 10/21/10 8K re: 3Q earnings rise 12%
9/24/10 8K re: dividend increase of 11% to 0.61 per share
9/10/10 8K re: global sales in Aug. up 4.9%
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
Merck MRK:10/14/10 8K re: status of Remicade & Simponi arbitration
9/7/10 8K re: arbitration re: Merck's rights to distribute Remicade & Simponi based on agreements from Merck's acquisition of Schering-Plough
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.
Microsoft MSFT: 10/22; 10/12; 10/14; 10/1 & 9/30/10 Proxy Statement materials re: Annual Shareholder Meeting to be held on 11/16/10 at 8am at Meydenbauer Center, Bellevue WA
9/27/10 8K re: sale of notes
9/13/10 8K re: resignation of Stephen Elop as Pres. of Microsoft Bus. Div. to become CEO of Nokia
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:10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's pruchase of King Pharmaceuticals, Inc.
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: 10/14/10 8K re: voting results from 10/12/10 Annual Shareholders Meeting
10/12/10 8K re: dividend of 0.4818 cents per share
10/12/10 8K re: CEO's address at Annual Shareholders Meeting
8/27/10 Proxy Stmt re: Annual Shareholder Meeting to be held Tues. 10/12/10 at 9:00 am in Cincinnati, Ohio
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.
3M MMM:10/8/10 SC TO-T/A re: tender offer statement re: Cogent offer
8/30/10 8K re: acquisition of Cogent Inc. for $10.50 per share or $943 mil.
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:10/21/10 8K & 10Q re: 3Q ended 9/30/10
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
United Technologies UTX:10/20/10 8K re: 3Q results
9/24/10 8K re: departure of certain officers
8/31/10 8K re: redemption of 6.35% Notes due '11
8/19/10 8K re: departure of EVP Ari Bousbib to become CEO of IMS Health
7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results5/27/10 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.
Verizon Communications Inc. VZ: 10/22/10 8K re: 3Q results
10/18/10 8K re: in'l info re: divestitures relating to 1/09 acquisition of Alltel Corp.
9/20/10 8K re: appointment of Verizon Wireless Pres/CEO Lowell C. McAdams as Pres/COO of Verizon Communications effective 10/1/10
9/13/10 8K re: retirement of John F. Killian as CFO
9/10/10 8K re: reclassification of results due to spin off of assets as a result of Alltel acquisition
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.
WalMart WMT:10/22/10 8K re: issuance of Notes due 2013
9/29/10 8K re: election of Charles Holley as CFO
9/1/10 10Q
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 Edwardo Castro-Wright as CEO for global.com & William S. Simon as CEO of Walmart U.S.
6/9/10 8K re: results of 6/4 annual meeting of shareholders.
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. 752 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 and recent Dow 30 component's SEC filings.
The Dow Jones Industrial Average closed Monday at 11,052.49 down 39.51 or 0.36% from Monday's close of 11,092. Of the 30 Dow Jones component companies 10 gained, P&G was unchanged and 19 declined. The biggest gainer dollar-wise and percentage-wise was American Express AXP $43.33 +1.06 2.51% 10,379,629 NYSE. The biggest decliner dollar-wise was Coke KO $63.39 -0.72 1.12% 11,198,087 NYSE and percentage-wise was Hewlett-Packard HPQ $42.6 -0.60 1.39% 20,622,805 NYSE.
As of the open of the market Monday, 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 is 14.14 unchanged from Friday's 14.14 (year ago it was 17.89); the P/E estimate is 13.17 unchanged from Friday's 13.17 (year ago it was 16.04) and the dividend yield is 2.57 up from Friday's 2.57 (last year it was 2.71). 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 1,460.36 down 6.24 from Friday's closing numerator of 1,465.58. 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 for today by the divisor (0.132129493) you get the decrease in today's Dow. 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 $48.68 down 0.17 from Friday's Dow Jones Industrial Average average closing price of $48.85. The median closing price of Monday's Dow Jones Industrial Average was $42.93 down 0.03 (HPQ/AXP) up 0.30 from Friday's closing median price of $42.95. The lowest volume was 3M MMM $84.22 -0.18 0.21% 3,588,725 NYSE and the highest volume was again Bank of America BAC $11.31 +0.19 1.71% 144,663,720 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 lost $522 ($146,558 - $146,036)
MarketWatch Monday 11/29/10 1: by Donna Yesalavich Gibson says U.S. stocks
Monday's Closing Dow Numbers:
Symbol Last Sale Change % Change Share Volume Market
AT&T T $27.7 -0.23 0.82% 24,471,322 NYSE
Alcoa AA $13.29 +0.12 0.91% 21,849,739 NYSE
American Express AXP $43.33 +1.06 2.51% 10,379,629 NYSE
Bank of America BAC $11.31 +0.19 1.71% 144,663,720 NYSE
Boeing BA $64.36 -0.44 0.68% 4,384,799 NYSE
Caterpillar CAT $83.67 -0.46 0.55% 5,086,679 NYSE
Chevron CVX $81.69 -0.36 0.44% 9,066,599 NYSE
CSCO $19.44 -0.05 0.26% 51,959,107 NASDAQ-GS
Coke KO $63.39 -0.72 1.12% 11,198,087 NYSE
DIS $36.42 -0.28 0.76% 8,494,429 NYSE
DuPont DD $46.92 +0.61 1.32% 6,875,108 NYSE
Exxon XOM $69.45 +0.22 0.32% 20,024,788 NYSE
GE $15.97 +0.17 1.08% 56,512,037 NYSE
Hewlett-Packard HPQ $42.6 -0.60 1.39% 20,622,805 NYSE
Home Depot HD $30.69 -0.31 1% 11,838,414 NYSE
Intel INTC $21.33 -0.01 0.05% 46,876,026 NASDAQ-GS
IBM $142.89 -1.01 0.7% 5,040,006 NYSE
JPMorgan JPM $37.91 +0.41 1.09% 30,919,207 NYSE
JNJ $61.91 -0.39 0.63% 12,017,000 NYSE
Kraft KFT $30.19 -0.11 0.36% 10,223,870 NYSE
McDonald's MCD $78.26 -0.28 0.36% 4,977,413 NYSE
MRK $34.69 -0.10 0.29% 13,323,989 NYSE
MSFT $25.31 +0.06 0.24% 56,595,794 NASDAQ-GS
Pfizer PFE $16.56 +0.07 0.42% 39,070,036 NYSE
Procter & Gamble PG $62.13 unch unch 8,430,535 NYSE
3M MMM $84.22 -0.18 0.21% 3,588,725 NYSE
Travelers TRV $54.18 -0.19 0.35% 5,350,484 NYSE
United Tech UTX $74.8 -0.48 0.64% 4,357,748 NYSE
Verizon VZ $31.9 -0.31 0.96% 14,911,178 DualListed
Walmart WMT $53.85 +0.11 0.2% 10,786,578 NYSE
********************
The following are excerpts from Monday morning's Blog.
A read of Monday's 11/29 Barron's, Wall St. Journal, New York Times, 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 Friday's stock prices and related data.
Dow: The Dow: The Dow Jones Industrial Average closed Friday at 11,092 down 95.28 or 0.85% from Wednesday's close of 11,150.91. For the week the Dow was down 111.55 or %0.99% from last Friday's close of 11,203.55. Of the 30 Dow Jones component companies only Cisco gained and 29 declined. The only and biggest gainer dollar-wise and percentage-wise was Cisco CSCO $19.49 +0.03 0.15% 26,259,169 NASDAQ-GS. The biggest decliner dollar-wise was IBM $143.9 -1.91 1.31% 2,081,260 NYSE and percentage-wise was JPMorgan JPM $37.5 -0.66 1.73% 12,819,133 NYSE.
Friday's Dow Jones Industrial Average closing numerator was 1,465.58 down 12.59 from Wednesday's closing numerator of 1,478.17. 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 for today by the divisor (0.132129493) you get the decrease in today's Dow. 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 $48.85 down 0.37 from Wednesday's Dow Jones Industrial Average average closing price of $49.27. The median closing price of Friday's Dow Jones Industrial Average was $42.95 down 0.42 (HPQ/AXP) up 0.30 from Wednesday's closing median price of $43.37. The lowest volume was Travelers TRV $54.37 -0.74 1.34% 1,574,428 NYSE and the highest volume was again Bank of America BAC $11.12 0.16 1.42% 54,429,862 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 lost $1,259 ($147,817 - $146,558)
MarketWatch Friday 11/26/10 1:43 by Donna Yesalavich Gibson says U.S. stocks fell after spending Black Friday in the red as worries over the euro zone’s finances overshadowed positive readings on the start of the holiday shopping season.The Dow Jones Industrial Average (DJIA 11,092, -95.28, -0.85%) dropped 95.28 points, or 0.9%, to end at 11092. JP Morgan Chase (JPM 37.70, +0.12, +0.32%) and American Express fell the hardest, with both stocks losing fell 1.7%.Crowded stores, long lines and increased online traffic make Black Friday one of the most challenging shopping days of the year. The Nasdaq Composite (COMP 2,535, -8.56, -0.34%) dropped 0.3% to 2,534. The Standard & Poor’s 500 index (SPX 1,189, -8.95, -0.75%) declined 0.8% to 1189.The materials and energy sectors posted the biggest declines Friday as related commodities fell in a broad move away from risky assets.The declines came as investors homed in on Spain as another weak spot in the euro zone. Spanish Prime Minister Jose Luis Rodriguez Zapatero moved to dispel the growing anxiety, saying there was “absolutely” no chance the euro zone’s fourth-largest economy would seek a bailout from the European Union. But his attempt to calm the markets had little effect; the euro tumbled and the selloff in Spanish and Portuguese sovereign bonds continued. The euro traded at $1.3233.“Besides being one of the larger economies over there, it’s a renewal of contagion worries and ... it just puts further stress on the EU,” said Bernie Williams, vice president of private investment management at USAA Investment Management.European leaders sparred over whether to commit more funds to rescue struggling euro-zone countries, as financial-market pressure on the region’s weakest economies intensified. The European Union’s executive arm, the Brussels-based EU Commission, floated a proposal on Wednesday to double the size of Europe’s €440 billion ($588 billion) bailout fund for euro-zone governments, but the idea was dismissed by Germany, according to people familiar with the situation.The uncertainty of the euro-zone debt situation prompted investors to pull out of riskier assets, sending crude-oil futures lower. Metals futures also fell, prompting gold to slip to $1,362.40 an ounce.Investors sought safety in the dollar and U.S. Treasurys. The U.S. Dollar Index /(DXY 80.38, +0.52, +0.65%) , tracking the U.S. currency against six others, climbed 0.6%. Gains in Treasurys pushed the yield on the 10-year note (UST10Y 2.87, -0.04, -1.44%) down to 2.87%.The euro-zone worries overshadowed strong early signs on Black Friday sales in the U.S. Lines wrapped around stores and parking lots across the nation as shoppers sought early morning deals, especially on consumer electronics and toys. About 138 million Americans are expected to go shopping this weekend.Some $447 billion will be spent during the holiday season, up 2.3% from last year, the National Retail Federation predicts, with Black Friday weekend seeing about $41.2 billion in business. An NRF survey also found that up to 138 million people plan to shop this weekend, higher than the 134 million people who planned to do so last year.“The consumer, for all the unemployment worries, the ones that have jobs have held in there,” Williams said. Still, retail shares were mixed. Wal-Mart Stores (WMT 53.67, -0.07, -0.13%) fell 0.5%; Amazon.com (AMZN 177.24, +0.04, +0.02%) slipped fractionally and TJX Co. (TJX 46.35, +0.03, +0.07%) shed 0.3%, but GameStop (GME 20.57, +0.08, +0.41%) jumped 0.7%, Big Lots (BIG 30.96, +0.05, +0.15%) climbed 0.3% and Best Buy (BBY 44.50, -0.25, -0.56%) added 0.1%.Among other stocks in focus, Del Monte Foods (DLM 18.75, -0.08, -0.43%) rose 4.7% after the maker of pet foods and canned vegetables announced it agreed to a takeover by an investor group led by Kohlberg Kravis Roberts & Co. LP in what would be one of the year’s largest private-equity buyouts.
Friday's Closing Dow numbers and Mon news:
AT&T T $27.93 -0.21 0.75% 7,982,250 NYSE:
Alcoa AA $13.17 -0.14 1.05% 5,573,213 NYSE:
American Express AXP $42.27 -0.73 1.7% 2,999,912 NYSE: WSJ pB2 "Main Street offers mall alternative" by Emily Maltby says small businesses are getting a boost from American Express's "Small Business Saturday" promotion which encouraged holiday shoppers to buy from local stores.
Bank of Am BAC $11.12 -0.16 1.42% 54,429,862 NYSE:
Boeing BA $64.8 -0.61 0.93% 2,280,473 NYSE: Fin times p17 "ANA presses Boeing on 2 year delay to is Dreamliner delivery" by Pilita Clark says the 787 delays are a great disappointment to Boeing's first customer, All Nippon Airways who is pushing Boeing to present the detailed cause of the delay.
Caterpillar CAT $84.13 -0.56 0.66% 2,521,305 NYSE: Barron's p37 "Talking with Bruce Geller, CEO of Dalton, Greiner" by Dimitra Defotis says Geller lost money on mining equipment maker Bucyrus which is being bought by Caterpillar. As Walmart expands in US urban markets, he thinks that dollar store chains that overexpanded in the recession will suffer especially Dollar General which trades around 12 times trialing Ebitda compared with 7.5 for Walmart.
Chevron CVX $82.05 -0.88 1.06% 2,789,661 NYSE:
Cisco CSCO $19.49 +0.03 0.15% 26,259,169 NASDAQ-GS:
Coke KO $64.11 -0.50 0.77% 4,505,705 NYSE:
DIS $36.7 -0.17 0.46% 3,489,498 NYSE:
DuPont DD $46.31 -0.75 1.59% 3,485,807 NYSE: Barron's pM6 "Light metal in heavy demand" by Ed Welsch says DuPont is one of the largest producers of purified titanium dixoide and a seller and user of its pigment and they are bumping up against their capacity.
Exxon XOM $69.23 -0.65 0.93% 7,324,630 NYSE:
GE $15.8 -0.14 0.88% 17,443,094 NYSE:
Hewlett-Packard HPQ $43.2 -0.545 1.25% 9,895,932 NYSE: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Barron's "Week Review" p10 says Hewlett-Packard forecast earnings that exceeded analysts' estimates.
Barron's p42 "Will tablets kill the PC star? by Tiernan Ray says Hewlett-Packard gave the latest evidence slowing of laptop computers saying laptop rev fell 3% in the Q from a year earlier, while overall consumer rev was off 10%.
Home Depot HD $31 -0.16 0.51% 4,182,129 NYSE:
Intel INTC $21.34 -0.0475 0.22% 19,148,966 NASDAQ-GS:
IBM $143.9 -1.91 1.31% 2,081,260 NYSE:
JPMorgan JPM $37.5 -0.66 1.73% 12,819,133 NYSE:
Johnson & Johnson JNJ $62.3 -0.99 1.56% 4,638,810 NYSE:
Kraft KFT $30.3 -0.24 0.79% 3,162,989 NYSE: WSJ pC8 "Starbucks may spill Kraft's Coffee" by John Jannarone says a 2004 agreement between Kraft and Starbucks whereby Kraft distributes Starbucks products is being breached per Starbucks who claims Kraft isn't properly marketing the products.
Barron's p11 "Heading for a real jolt" by Maja Wallengren says it is a concern for major coffee roasters such as Starbucks and Kraft is that Brazil the world's largest coffee producer will start harvesting a smaller than normal crop by April next year just as global coffee stocks in importing nations will be nearly depleted and the only source of fresh supply will be from producing nations in the urgent need of selling.
McDonald's MCD $78.54 -0.94 1.18% 2,576,957 NYSE:
Merck MRK $34.79 -0.36 1.02% 7,114,598 NYSE:
MSFT $25.25 -0.12 0.47% 21,356,527 NASDAQ-GS: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Pfizer PFE $16.49 -0.2015 1.21% 16,480,091 NYSE:
Procter & Gam PG $62.13 -0.47 0.75% 3,916,474 NYSE:
3M MMM $84.4 -0.26 0.31% 1,661,261 NYSE:
Travelers TRV $54.37 -0.74 1.34% 1,574,428 NYSE:
United Tech UTX $75.28 -0.81 1.06% 1,963,880 NYSE:
Verizon VZ $32.21 -0.14 0.43% 6,078,298 DualListed: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Walmart WMT $53.74 -0.27 0.5% 4,154,989 NYSE: Barron's "The trader" by Dimitra DeFotis pM3 says Macy's shares rose 3.6% for the week, Target was up 1% and Walmart fell 1 for the week.
WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
*********************
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 Leo Apotheker (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 10/24/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $338 [5]
2. Microsoft MSFT 219.5 [9]
3. WalMart WMT 196.5 [3.5]
4. Procter & Gamble PG 180 [3]
5. IBM 176 [1]
6. Johnson & Johnson JNJ 176 [3]
7. GE 171.5 [10.5]
8. Chevron CVX 170 [2]
9. AT&T T 167 [6]
10. JPMorgan Chase JPM 149 [4]
11. Coke KO 142 [2.5]
12. Pfizer PFE 140 [8]
13. Cisco CSCO 134 [6]
14. Bank of America BAC 115 [10]
15. Merck MRK 114 [3]
16. Intel INTC 110.5 [5.5]
17. Hewlett-Packard HPQ 97 [2.5]
18. Verizon VZ 95 [3]
19. McDonald's MCD 83.5 [1]
20. United Technologies UTX 69.5 [1]
21. Disney DIS 67 [2]
22. 3M MMM 64.5 [.5]
23. Kraft KFT 55.5 [2]
24. Home Depot 52.5 [1.5]
25. Boeing BA 52 [1]
26. Caterpillar CAT 49 [.5]
27. American Express AXP 47 [1]
28. DuPont DD 42.5 [1]
29. Travelers 26 [.5]
30. Alcoa AA 13 [1]
Here are the latest SEC filings as of 10/24/10 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: 10/21/10 & 10/10/10 2 8K's re: 3Q earnings of $2.08 per share
10/1/10 8K re: settlement with IRS to pay $300 mil re: '08 tax returns
9/3/10 8K re: increasing Board from 12 to 13 & election of Matthew K. Rose as director
9/2/10 8K re: issuance of 5.35% Notes due '40
8/19/10 8K re: agreement with Comm. Workers of America for a new 3 year contract for the 4,000 CWA workers in AT&T's East region
8/18/10 8K re: exchange offer of 5.35% Notes due '40 for outstanding 8.85% Sr. Notes of New Cingular Wireless due '31
Alcoa AA: 10/22/10 10Q for 3Q ended 9/30/10
10/12 8K re: transcript of 3Q earnings conference
10/8/10 8K re: 3Q results
8/24/10 8K re: tender offer for its 6% Notes due '12 & 5.3% Notes due '13
8/23/10 10Q/A amends prior 10Q
8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes
American Express AXP: 10/21/10 8K re: 3Q results
10/15/10 8K re: delinquency & write-off statistics
10/4/10 8K re: antitrust lawsuit filed by US Dept. of Justice accusing Amex of forcing merchants not to use competitors' services
9/15/10 8K re: delinquency & write-off stats
9/15/10 8K re: changes to certain credit cards
8/16/10 2 8Ks re: delinquency and write-off statistics
Bank of Am BAC: 10/20/108K re: registration of 50,354,545 shares
10/19/10 8K re: 3Q results
10/8/10 8K re: extension of BofA's review of foreclosures in all 50 states
8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments
Boeing BA: 10/10/10 10Q re: 3Q ended 9/30/10
10/10/10 8K re: 3Q results of $1.12 per share
8/27/10 8K re: delay of delivery of first 787 to mid 1Q '11 due to Rolls Royce Engine supply problems
Caterpiller CAT: 10/21/10 8K re: Sept. dealer stats
10/21/10 8K re: 3Q results
9/30/10 8K re: change of prices
9/21/10 8K re: credit facility
9/17/10 8K re: dealer stats
Chevron CVX: 10/12/10 *K re: 3Q fin'l update
9/30/10 8K re: bylaws amendments
8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
Cisco CSCO 9/28/10 Def. Proxy materials
9/22/10 8K re: stock trading plans for directors
9/21/10 10K for year ended 7/31/10
9/16/10 8K re: award of employee stock options
9/10/10 Prelim Proxy Stmt re: Annual Shareholders Meeting on 11/18/10 at Santa Clara, Cal.
8/11/10 8K re: 4Q results fiscal year 7/31/10
Coke KO 10/19/10 8K re: 3Q fin'l results
10/5/10 8K re: completion of buyout of Coca-Cola Enterprises
9/27/10 8K re: settlement in Georgia of one of 3 shareholder class action suits challenging takeover of CCE
8/27 & 8/24 8Ks re: refiling of Hart-Scott-Rodino filing & similar filing with Candadian Corp. Bureau to give regulators more time to review acquisition of Coca-Cola Enterprises
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: 10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm
10/3/10 8K re: 3Q earnings'9/28/10 8K re: NBC Universal offer to sell notes in a private placement
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
Hewlett-Packard HPQ: 10/18/10 8K re: election of Leo Aptheker as Pres/CEO
9/28/10 8K re: outlook for fiscal year '11
9/20/10 8K re: resolving litigation against ex-CEO mark Hurd
9/13/10 8K re: sale of Global Notes
9/9/10 10Q
9/7/10 8K re; agreement to buy 3Par, Inc.
8/30/10 8K re: Board authorizing add'l $10 bil for share repurchases
8/23/10 8K re: proposal to buy 3Par for $24 per share cash
8/19/10 8K re: reporting 3Q results
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
Home Depot HD: 9/10/10 re: sale of 3.95% Sr. Note due '20 & 5.4% Sr. Notes due '40
9/2/10 10Q
8/17/10 8K re: 2Q results 8/1/10
Intel INTC: 10/13/10 & 10/12/10 2 8Ks re: results for 3Q ended 9/25/10
8/30/10 8K re: acquisition of Infineion's Wireless Business for $1.4 bil to close 1Q '11
8/27/10 8K re: lower expectations for 3Q result
8/19/10 8K re; transcript of conference call announcing acquisition of McAfee, Inc.
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.
IBM:10/19/10 & 10/18/10 2 8Ks re: results for 3Q ended 9/30/10
8/31/10 8K re: FD disclosure re:change in reporting operating income
8/4/10 8K re: issuance of $1.5 bil of debt
JPMorganChase JPM: 10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results
10/13/10 8K re: 3Q results of $1.01 per share
9/15/10 8K re: presentation to a US fin'l services investor conference
8/6/10 10Q 2Q 6/30/10
Johnson & Johnson JNJ : 10/19/10 8K re: results for 3Q ended 10/3/10
10/6/10 SC TO-C re: tender offer to buy Crucell N.V.
10/1/10 8K re; completion of acquisition of Micrus Endovascular Corp.
9/16/10 re: retirement of Colleen Goggins, Worldwide Chair of Consumer Group
8/18/10 8K: re: offer of 2.95% Notes due '20 & 4.5% Notes due '40
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: 10/6/10 & 9/20/10 2 8Ks re: buyback of 5.125% Cadbury Notes due '13
9/15/10 8K re: new global growth strategy
8/19/10 10Q/A amended prior 10Q
8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting
McDonalds MCD: 10/21/10 8K re: 3Q earnings rise 12%
9/24/10 8K re: dividend increase of 11% to 0.61 per share
9/10/10 8K re: global sales in Aug. up 4.9%
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
Merck MRK:10/14/10 8K re: status of Remicade & Simponi arbitration
9/7/10 8K re: arbitration re: Merck's rights to distribute Remicade & Simponi based on agreements from Merck's acquisition of Schering-Plough
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.
Microsoft MSFT: 10/22; 10/12; 10/14; 10/1 & 9/30/10 Proxy Statement materials re: Annual Shareholder Meeting to be held on 11/16/10 at 8am at Meydenbauer Center, Bellevue WA
9/27/10 8K re: sale of notes
9/13/10 8K re: resignation of Stephen Elop as Pres. of Microsoft Bus. Div. to become CEO of Nokia
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:10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's pruchase of King Pharmaceuticals, Inc.
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: 10/14/10 8K re: voting results from 10/12/10 Annual Shareholders Meeting
10/12/10 8K re: dividend of 0.4818 cents per share
10/12/10 8K re: CEO's address at Annual Shareholders Meeting
8/27/10 Proxy Stmt re: Annual Shareholder Meeting to be held Tues. 10/12/10 at 9:00 am in Cincinnati, Ohio
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.
3M MMM:10/8/10 SC TO-T/A re: tender offer statement re: Cogent offer
8/30/10 8K re: acquisition of Cogent Inc. for $10.50 per share or $943 mil.
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:10/21/10 8K & 10Q re: 3Q ended 9/30/10
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
United Technologies UTX:10/20/10 8K re: 3Q results
9/24/10 8K re: departure of certain officers
8/31/10 8K re: redemption of 6.35% Notes due '11
8/19/10 8K re: departure of EVP Ari Bousbib to become CEO of IMS Health
7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results5/27/10 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.
Verizon Communications Inc. VZ: 10/22/10 8K re: 3Q results
10/18/10 8K re: in'l info re: divestitures relating to 1/09 acquisition of Alltel Corp.
9/20/10 8K re: appointment of Verizon Wireless Pres/CEO Lowell C. McAdams as Pres/COO of Verizon Communications effective 10/1/10
9/13/10 8K re: retirement of John F. Killian as CFO
9/10/10 8K re: reclassification of results due to spin off of assets as a result of Alltel acquisition
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.
WalMart WMT:10/22/10 8K re: issuance of Notes due 2013
9/29/10 8K re: election of Charles Holley as CFO
9/1/10 10Q
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 Edwardo Castro-Wright as CEO for global.com & William S. Simon as CEO of Walmart U.S.
6/9/10 8K re: results of 6/4 annual meeting of shareholders.
Monday, November 29, 2010
11/29/10 Mon. am Cyber Shoppers Will Help Walmart, Verizon, HP & MSFT
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. 751 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 and recent Dow 30 component's SEC filings.
A read of Monday's 11/29 Barron's, Wall St. Journal, New York Times, 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 Friday's stock prices and related data.
Dow: The Dow: The Dow Jones Industrial Average closed Friday at 11,092 down 95.28 or 0.85% from Wednesday's close of 11,150.91. For the week the Dow was down 111.55 or %0.99% from last Friday's close of 11,203.55. Of the 30 Dow Jones component companies only Cisco gained and 29 declined. The only and biggest gainer dollar-wise and percentage-wise was Cisco CSCO $19.49 +0.03 0.15% 26,259,169 NASDAQ-GS. The biggest decliner dollar-wise was IBM $143.9 -1.91 1.31% 2,081,260 NYSE and percentage-wise was JPMorgan JPM $37.5 -0.66 1.73% 12,819,133 NYSE.
As of the open of the market Monday, 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 is 14.14 unchanged from Friday's 14.14 (year ago it was 17.89); the P/E estimate is 13.17 unchanged from Friday's 13.17 (year ago it was 16.04) and the dividend yield is 2.57 up from Friday's 2.57 (last year it was 2.71). 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 1,465.58 down 12.59 from Wednesday's closing numerator of 1,478.17. 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 for today by the divisor (0.132129493) you get the decrease in today's Dow. 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 $48.85 down 0.37 from Wednesday's Dow Jones Industrial Average average closing price of $49.27. The median closing price of Friday's Dow Jones Industrial Average was $42.95 down 0.42 (HPQ/AXP) up 0.30 from Wednesday's closing median price of $43.37. The lowest volume was Travelers TRV $54.37 -0.74 1.34% 1,574,428 NYSE and the highest volume was again Bank of America BAC $11.12 0.16 1.42% 54,429,862 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 lost $1,259 ($147,817 - $146,558)
MarketWatch Friday 11/26/10 1:43 by Donna Yesalavich Gibson says U.S. stocks fell after spending Black Friday in the red as worries over the euro zone’s finances overshadowed positive readings on the start of the holiday shopping season.The Dow Jones Industrial Average (DJIA 11,092, -95.28, -0.85%) dropped 95.28 points, or 0.9%, to end at 11092. JP Morgan Chase (JPM 37.70, +0.12, +0.32%) and American Express fell the hardest, with both stocks losing fell 1.7%.Crowded stores, long lines and increased online traffic make Black Friday one of the most challenging shopping days of the year. The Nasdaq Composite (COMP 2,535, -8.56, -0.34%) dropped 0.3% to 2,534. The Standard & Poor’s 500 index (SPX 1,189, -8.95, -0.75%) declined 0.8% to 1189.The materials and energy sectors posted the biggest declines Friday as related commodities fell in a broad move away from risky assets.The declines came as investors homed in on Spain as another weak spot in the euro zone. Spanish Prime Minister Jose Luis Rodriguez Zapatero moved to dispel the growing anxiety, saying there was “absolutely” no chance the euro zone’s fourth-largest economy would seek a bailout from the European Union. But his attempt to calm the markets had little effect; the euro tumbled and the selloff in Spanish and Portuguese sovereign bonds continued. The euro traded at $1.3233.“Besides being one of the larger economies over there, it’s a renewal of contagion worries and ... it just puts further stress on the EU,” said Bernie Williams, vice president of private investment management at USAA Investment Management.European leaders sparred over whether to commit more funds to rescue struggling euro-zone countries, as financial-market pressure on the region’s weakest economies intensified. The European Union’s executive arm, the Brussels-based EU Commission, floated a proposal on Wednesday to double the size of Europe’s €440 billion ($588 billion) bailout fund for euro-zone governments, but the idea was dismissed by Germany, according to people familiar with the situation.The uncertainty of the euro-zone debt situation prompted investors to pull out of riskier assets, sending crude-oil futures lower. Metals futures also fell, prompting gold to slip to $1,362.40 an ounce.Investors sought safety in the dollar and U.S. Treasurys. The U.S. Dollar Index /(DXY 80.38, +0.52, +0.65%) , tracking the U.S. currency against six others, climbed 0.6%. Gains in Treasurys pushed the yield on the 10-year note (UST10Y 2.87, -0.04, -1.44%) down to 2.87%.The euro-zone worries overshadowed strong early signs on Black Friday sales in the U.S. Lines wrapped around stores and parking lots across the nation as shoppers sought early morning deals, especially on consumer electronics and toys. About 138 million Americans are expected to go shopping this weekend.Some $447 billion will be spent during the holiday season, up 2.3% from last year, the National Retail Federation predicts, with Black Friday weekend seeing about $41.2 billion in business. An NRF survey also found that up to 138 million people plan to shop this weekend, higher than the 134 million people who planned to do so last year.“The consumer, for all the unemployment worries, the ones that have jobs have held in there,” Williams said. Still, retail shares were mixed. Wal-Mart Stores (WMT 53.67, -0.07, -0.13%) fell 0.5%; Amazon.com (AMZN 177.24, +0.04, +0.02%) slipped fractionally and TJX Co. (TJX 46.35, +0.03, +0.07%) shed 0.3%, but GameStop (GME 20.57, +0.08, +0.41%) jumped 0.7%, Big Lots (BIG 30.96, +0.05, +0.15%) climbed 0.3% and Best Buy (BBY 44.50, -0.25, -0.56%) added 0.1%.Among other stocks in focus, Del Monte Foods (DLM 18.75, -0.08, -0.43%) rose 4.7% after the maker of pet foods and canned vegetables announced it agreed to a takeover by an investor group led by Kohlberg Kravis Roberts & Co. LP in what would be one of the year’s largest private-equity buyouts.
Friday's Closing Dow numbers and Mon news:
AT&T T $27.93 -0.21 0.75% 7,982,250 NYSE:
Alcoa AA $13.17 -0.14 1.05% 5,573,213 NYSE:
American Express AXP $42.27 -0.73 1.7% 2,999,912 NYSE: WSJ pB2 "Main Street offers mall alternative" by Emily Maltby says small businesses are getting a boost from American Express's "Small Business Saturday" promotion which encouraged holiday shoppers to buy from local stores.
Bank of Am BAC $11.12 -0.16 1.42% 54,429,862 NYSE:
Boeing BA $64.8 -0.61 0.93% 2,280,473 NYSE: Fin times p17 "ANA presses Boeing on 2 year delay to is Dreamliner delivery" by Pilita Clark says the 787 delays are a great disappointment to Boeing's first customer, All Nippon Airways who is pushing Boeing to present the detailed cause of the delay.
Caterpillar CAT $84.13 -0.56 0.66% 2,521,305 NYSE: Barron's p37 "Talking with Bruce Geller, CEO of Dalton, Greiner" by Dimitra Defotis says Geller lost money on mining equipment maker Bucyrus which is being bought by Caterpillar. As Walmart expands in US urban markets, he thinks that dollar store chains that overexpanded in the recession will suffer especially Dollar General which trades around 12 times trialing Ebitda compared with 7.5 for Walmart.
Chevron CVX $82.05 -0.88 1.06% 2,789,661 NYSE:
Cisco CSCO $19.49 +0.03 0.15% 26,259,169 NASDAQ-GS:
Coke KO $64.11 -0.50 0.77% 4,505,705 NYSE:
DIS $36.7 -0.17 0.46% 3,489,498 NYSE:
DuPont DD $46.31 -0.75 1.59% 3,485,807 NYSE: Barron's pM6 "Light metal in heavy demand" by Ed Welsch says DuPont is one of the largest producers of purified titanium dixoide and a seller and user of its pigment and they are bumping up against their capacity.
Exxon XOM $69.23 -0.65 0.93% 7,324,630 NYSE:
GE $15.8 -0.14 0.88% 17,443,094 NYSE:
Hewlett-Packard HPQ $43.2 -0.545 1.25% 9,895,932 NYSE: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Barron's "Week Review" p10 says Hewlett-Packard forecast earnings that exceeded analysts' estimates.
Barron's p42 "Will tablets kill the PC star? by Tiernan Ray says Hewlett-Packard gave the latest evidence slowing of laptop computers saying laptop rev fell 3% in the Q from a year earlier, while overall consumer rev was off 10%.
Home Depot HD $31 -0.16 0.51% 4,182,129 NYSE:
Intel INTC $21.34 -0.0475 0.22% 19,148,966 NASDAQ-GS:
IBM $143.9 -1.91 1.31% 2,081,260 NYSE:
JPMorgan JPM $37.5 -0.66 1.73% 12,819,133 NYSE:
Johnson & Johnson JNJ $62.3 -0.99 1.56% 4,638,810 NYSE:
Kraft KFT $30.3 -0.24 0.79% 3,162,989 NYSE: WSJ pC8 "Starbucks may spill Kraft's Coffee" by John Jannarone says a 2004 agreement between Kraft and Starbucks whereby Kraft distributes Starbucks products is being breached per Starbucks who claims Kraft isn't properly marketing the products.
Barron's p11 "Heading for a real jolt" by Maja Wallengren says it is a concern for major coffee roasters such as Starbucks and Kraft is that Brazil the world's largest coffee producer will start harvesting a smaller than normal crop by April next year just as global coffee stocks in importing nations will be nearly depleted and the only source of fresh supply will be from producing nations in the urgent need of selling.
McDonald's MCD $78.54 -0.94 1.18% 2,576,957 NYSE:
Merck MRK $34.79 -0.36 1.02% 7,114,598 NYSE:
MSFT $25.25 -0.12 0.47% 21,356,527 NASDAQ-GS: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Pfizer PFE $16.49 -0.2015 1.21% 16,480,091 NYSE:
Procter & Gam PG $62.13 -0.47 0.75% 3,916,474 NYSE:
3M MMM $84.4 -0.26 0.31% 1,661,261 NYSE:
Travelers TRV $54.37 -0.74 1.34% 1,574,428 NYSE:
United Tech UTX $75.28 -0.81 1.06% 1,963,880 NYSE:
Verizon VZ $32.21 -0.14 0.43% 6,078,298 DualListed: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Walmart WMT $53.74 -0.27 0.5% 4,154,989 NYSE: Barron's "The trader" by Dimitra DeFotis pM3 says Macy's shares rose 3.6% for the week, Target was up 1% and Walmart fell 1 for the week.
WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
*********************
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 Leo Apotheker (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 10/24/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $338 [5]
2. Microsoft MSFT 219.5 [9]
3. WalMart WMT 196.5 [3.5]
4. Procter & Gamble PG 180 [3]
5. IBM 176 [1]
6. Johnson & Johnson JNJ 176 [3]
7. GE 171.5 [10.5]
8. Chevron CVX 170 [2]
9. AT&T T 167 [6]
10. JPMorgan Chase JPM 149 [4]
11. Coke KO 142 [2.5]
12. Pfizer PFE 140 [8]
13. Cisco CSCO 134 [6]
14. Bank of America BAC 115 [10]
15. Merck MRK 114 [3]
16. Intel INTC 110.5 [5.5]
17. Hewlett-Packard HPQ 97 [2.5]
18. Verizon VZ 95 [3]
19. McDonald's MCD 83.5 [1]
20. United Technologies UTX 69.5 [1]
21. Disney DIS 67 [2]
22. 3M MMM 64.5 [.5]
23. Kraft KFT 55.5 [2]
24. Home Depot 52.5 [1.5]
25. Boeing BA 52 [1]
26. Caterpillar CAT 49 [.5]
27. American Express AXP 47 [1]
28. DuPont DD 42.5 [1]
29. Travelers 26 [.5]
30. Alcoa AA 13 [1]
Here are the latest SEC filings as of 10/24/10 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: 10/21/10 & 10/10/10 2 8K's re: 3Q earnings of $2.08 per share
10/1/10 8K re: settlement with IRS to pay $300 mil re: '08 tax returns
9/3/10 8K re: increasing Board from 12 to 13 & election of Matthew K. Rose as director
9/2/10 8K re: issuance of 5.35% Notes due '40
8/19/10 8K re: agreement with Comm. Workers of America for a new 3 year contract for the 4,000 CWA workers in AT&T's East region
8/18/10 8K re: exchange offer of 5.35% Notes due '40 for outstanding 8.85% Sr. Notes of New Cingular Wireless due '31
Alcoa AA: 10/22/10 10Q for 3Q ended 9/30/10
10/12 8K re: transcript of 3Q earnings conference
10/8/10 8K re: 3Q results
8/24/10 8K re: tender offer for its 6% Notes due '12 & 5.3% Notes due '13
8/23/10 10Q/A amends prior 10Q
8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes
American Express AXP: 10/21/10 8K re: 3Q results
10/15/10 8K re: delinquency & write-off statistics
10/4/10 8K re: antitrust lawsuit filed by US Dept. of Justice accusing Amex of forcing merchants not to use competitors' services
9/15/10 8K re: delinquency & write-off stats
9/15/10 8K re: changes to certain credit cards
8/16/10 2 8Ks re: delinquency and write-off statistics
Bank of Am BAC: 10/20/108K re: registration of 50,354,545 shares
10/19/10 8K re: 3Q results
10/8/10 8K re: extension of BofA's review of foreclosures in all 50 states
8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments
Boeing BA: 10/10/10 10Q re: 3Q ended 9/30/10
10/10/10 8K re: 3Q results of $1.12 per share
8/27/10 8K re: delay of delivery of first 787 to mid 1Q '11 due to Rolls Royce Engine supply problems
Caterpiller CAT: 10/21/10 8K re: Sept. dealer stats
10/21/10 8K re: 3Q results
9/30/10 8K re: change of prices
9/21/10 8K re: credit facility
9/17/10 8K re: dealer stats
Chevron CVX: 10/12/10 *K re: 3Q fin'l update
9/30/10 8K re: bylaws amendments
8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
Cisco CSCO 9/28/10 Def. Proxy materials
9/22/10 8K re: stock trading plans for directors
9/21/10 10K for year ended 7/31/10
9/16/10 8K re: award of employee stock options
9/10/10 Prelim Proxy Stmt re: Annual Shareholders Meeting on 11/18/10 at Santa Clara, Cal.
8/11/10 8K re: 4Q results fiscal year 7/31/10
Coke KO 10/19/10 8K re: 3Q fin'l results
10/5/10 8K re: completion of buyout of Coca-Cola Enterprises
9/27/10 8K re: settlement in Georgia of one of 3 shareholder class action suits challenging takeover of CCE
8/27 & 8/24 8Ks re: refiling of Hart-Scott-Rodino filing & similar filing with Candadian Corp. Bureau to give regulators more time to review acquisition of Coca-Cola Enterprises
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: 10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm
10/3/10 8K re: 3Q earnings'9/28/10 8K re: NBC Universal offer to sell notes in a private placement
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
Hewlett-Packard HPQ: 10/18/10 8K re: election of Leo Aptheker as Pres/CEO
9/28/10 8K re: outlook for fiscal year '11
9/20/10 8K re: resolving litigation against ex-CEO mark Hurd
9/13/10 8K re: sale of Global Notes
9/9/10 10Q
9/7/10 8K re; agreement to buy 3Par, Inc.
8/30/10 8K re: Board authorizing add'l $10 bil for share repurchases
8/23/10 8K re: proposal to buy 3Par for $24 per share cash
8/19/10 8K re: reporting 3Q results
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
Home Depot HD: 9/10/10 re: sale of 3.95% Sr. Note due '20 & 5.4% Sr. Notes due '40
9/2/10 10Q
8/17/10 8K re: 2Q results 8/1/10
Intel INTC: 10/13/10 & 10/12/10 2 8Ks re: results for 3Q ended 9/25/10
8/30/10 8K re: acquisition of Infineion's Wireless Business for $1.4 bil to close 1Q '11
8/27/10 8K re: lower expectations for 3Q result
8/19/10 8K re; transcript of conference call announcing acquisition of McAfee, Inc.
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.
IBM:10/19/10 & 10/18/10 2 8Ks re: results for 3Q ended 9/30/10
8/31/10 8K re: FD disclosure re:change in reporting operating income
8/4/10 8K re: issuance of $1.5 bil of debt
JPMorganChase JPM: 10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results
10/13/10 8K re: 3Q results of $1.01 per share
9/15/10 8K re: presentation to a US fin'l services investor conference
8/6/10 10Q 2Q 6/30/10
Johnson & Johnson JNJ : 10/19/10 8K re: results for 3Q ended 10/3/10
10/6/10 SC TO-C re: tender offer to buy Crucell N.V.
10/1/10 8K re; completion of acquisition of Micrus Endovascular Corp.
9/16/10 re: retirement of Colleen Goggins, Worldwide Chair of Consumer Group
8/18/10 8K: re: offer of 2.95% Notes due '20 & 4.5% Notes due '40
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: 10/6/10 & 9/20/10 2 8Ks re: buyback of 5.125% Cadbury Notes due '13
9/15/10 8K re: new global growth strategy
8/19/10 10Q/A amended prior 10Q
8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting
McDonalds MCD: 10/21/10 8K re: 3Q earnings rise 12%
9/24/10 8K re: dividend increase of 11% to 0.61 per share
9/10/10 8K re: global sales in Aug. up 4.9%
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
Merck MRK:10/14/10 8K re: status of Remicade & Simponi arbitration
9/7/10 8K re: arbitration re: Merck's rights to distribute Remicade & Simponi based on agreements from Merck's acquisition of Schering-Plough
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.
Microsoft MSFT: 10/22; 10/12; 10/14; 10/1 & 9/30/10 Proxy Statement materials re: Annual Shareholder Meeting to be held on 11/16/10 at 8am at Meydenbauer Center, Bellevue WA
9/27/10 8K re: sale of notes
9/13/10 8K re: resignation of Stephen Elop as Pres. of Microsoft Bus. Div. to become CEO of Nokia
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:10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's pruchase of King Pharmaceuticals, Inc.
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: 10/14/10 8K re: voting results from 10/12/10 Annual Shareholders Meeting
10/12/10 8K re: dividend of 0.4818 cents per share
10/12/10 8K re: CEO's address at Annual Shareholders Meeting
8/27/10 Proxy Stmt re: Annual Shareholder Meeting to be held Tues. 10/12/10 at 9:00 am in Cincinnati, Ohio
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.
3M MMM:10/8/10 SC TO-T/A re: tender offer statement re: Cogent offer
8/30/10 8K re: acquisition of Cogent Inc. for $10.50 per share or $943 mil.
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:10/21/10 8K & 10Q re: 3Q ended 9/30/10
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
United Technologies UTX:10/20/10 8K re: 3Q results
9/24/10 8K re: departure of certain officers
8/31/10 8K re: redemption of 6.35% Notes due '11
8/19/10 8K re: departure of EVP Ari Bousbib to become CEO of IMS Health
7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results5/27/10 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.
Verizon Communications Inc. VZ: 10/22/10 8K re: 3Q results
10/18/10 8K re: in'l info re: divestitures relating to 1/09 acquisition of Alltel Corp.
9/20/10 8K re: appointment of Verizon Wireless Pres/CEO Lowell C. McAdams as Pres/COO of Verizon Communications effective 10/1/10
9/13/10 8K re: retirement of John F. Killian as CFO
9/10/10 8K re: reclassification of results due to spin off of assets as a result of Alltel acquisition
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.
WalMart WMT:10/22/10 8K re: issuance of Notes due 2013
9/29/10 8K re: election of Charles Holley as CFO
9/1/10 10Q
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 Edwardo Castro-Wright as CEO for global.com & William S. Simon as CEO of Walmart U.S.
6/9/10 8K re: results of 6/4 annual meeting of shareholders.
.
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. 751 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 and recent Dow 30 component's SEC filings.
A read of Monday's 11/29 Barron's, Wall St. Journal, New York Times, 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 Friday's stock prices and related data.
Dow: The Dow: The Dow Jones Industrial Average closed Friday at 11,092 down 95.28 or 0.85% from Wednesday's close of 11,150.91. For the week the Dow was down 111.55 or %0.99% from last Friday's close of 11,203.55. Of the 30 Dow Jones component companies only Cisco gained and 29 declined. The only and biggest gainer dollar-wise and percentage-wise was Cisco CSCO $19.49 +0.03 0.15% 26,259,169 NASDAQ-GS. The biggest decliner dollar-wise was IBM $143.9 -1.91 1.31% 2,081,260 NYSE and percentage-wise was JPMorgan JPM $37.5 -0.66 1.73% 12,819,133 NYSE.
As of the open of the market Monday, 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 is 14.14 unchanged from Friday's 14.14 (year ago it was 17.89); the P/E estimate is 13.17 unchanged from Friday's 13.17 (year ago it was 16.04) and the dividend yield is 2.57 up from Friday's 2.57 (last year it was 2.71). 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 1,465.58 down 12.59 from Wednesday's closing numerator of 1,478.17. 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 for today by the divisor (0.132129493) you get the decrease in today's Dow. 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 $48.85 down 0.37 from Wednesday's Dow Jones Industrial Average average closing price of $49.27. The median closing price of Friday's Dow Jones Industrial Average was $42.95 down 0.42 (HPQ/AXP) up 0.30 from Wednesday's closing median price of $43.37. The lowest volume was Travelers TRV $54.37 -0.74 1.34% 1,574,428 NYSE and the highest volume was again Bank of America BAC $11.12 0.16 1.42% 54,429,862 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 lost $1,259 ($147,817 - $146,558)
MarketWatch Friday 11/26/10 1:43 by Donna Yesalavich Gibson says U.S. stocks fell after spending Black Friday in the red as worries over the euro zone’s finances overshadowed positive readings on the start of the holiday shopping season.The Dow Jones Industrial Average (DJIA 11,092, -95.28, -0.85%) dropped 95.28 points, or 0.9%, to end at 11092. JP Morgan Chase (JPM 37.70, +0.12, +0.32%) and American Express fell the hardest, with both stocks losing fell 1.7%.Crowded stores, long lines and increased online traffic make Black Friday one of the most challenging shopping days of the year. The Nasdaq Composite (COMP 2,535, -8.56, -0.34%) dropped 0.3% to 2,534. The Standard & Poor’s 500 index (SPX 1,189, -8.95, -0.75%) declined 0.8% to 1189.The materials and energy sectors posted the biggest declines Friday as related commodities fell in a broad move away from risky assets.The declines came as investors homed in on Spain as another weak spot in the euro zone. Spanish Prime Minister Jose Luis Rodriguez Zapatero moved to dispel the growing anxiety, saying there was “absolutely” no chance the euro zone’s fourth-largest economy would seek a bailout from the European Union. But his attempt to calm the markets had little effect; the euro tumbled and the selloff in Spanish and Portuguese sovereign bonds continued. The euro traded at $1.3233.“Besides being one of the larger economies over there, it’s a renewal of contagion worries and ... it just puts further stress on the EU,” said Bernie Williams, vice president of private investment management at USAA Investment Management.European leaders sparred over whether to commit more funds to rescue struggling euro-zone countries, as financial-market pressure on the region’s weakest economies intensified. The European Union’s executive arm, the Brussels-based EU Commission, floated a proposal on Wednesday to double the size of Europe’s €440 billion ($588 billion) bailout fund for euro-zone governments, but the idea was dismissed by Germany, according to people familiar with the situation.The uncertainty of the euro-zone debt situation prompted investors to pull out of riskier assets, sending crude-oil futures lower. Metals futures also fell, prompting gold to slip to $1,362.40 an ounce.Investors sought safety in the dollar and U.S. Treasurys. The U.S. Dollar Index /(DXY 80.38, +0.52, +0.65%) , tracking the U.S. currency against six others, climbed 0.6%. Gains in Treasurys pushed the yield on the 10-year note (UST10Y 2.87, -0.04, -1.44%) down to 2.87%.The euro-zone worries overshadowed strong early signs on Black Friday sales in the U.S. Lines wrapped around stores and parking lots across the nation as shoppers sought early morning deals, especially on consumer electronics and toys. About 138 million Americans are expected to go shopping this weekend.Some $447 billion will be spent during the holiday season, up 2.3% from last year, the National Retail Federation predicts, with Black Friday weekend seeing about $41.2 billion in business. An NRF survey also found that up to 138 million people plan to shop this weekend, higher than the 134 million people who planned to do so last year.“The consumer, for all the unemployment worries, the ones that have jobs have held in there,” Williams said. Still, retail shares were mixed. Wal-Mart Stores (WMT 53.67, -0.07, -0.13%) fell 0.5%; Amazon.com (AMZN 177.24, +0.04, +0.02%) slipped fractionally and TJX Co. (TJX 46.35, +0.03, +0.07%) shed 0.3%, but GameStop (GME 20.57, +0.08, +0.41%) jumped 0.7%, Big Lots (BIG 30.96, +0.05, +0.15%) climbed 0.3% and Best Buy (BBY 44.50, -0.25, -0.56%) added 0.1%.Among other stocks in focus, Del Monte Foods (DLM 18.75, -0.08, -0.43%) rose 4.7% after the maker of pet foods and canned vegetables announced it agreed to a takeover by an investor group led by Kohlberg Kravis Roberts & Co. LP in what would be one of the year’s largest private-equity buyouts.
Friday's Closing Dow numbers and Mon news:
AT&T T $27.93 -0.21 0.75% 7,982,250 NYSE:
Alcoa AA $13.17 -0.14 1.05% 5,573,213 NYSE:
American Express AXP $42.27 -0.73 1.7% 2,999,912 NYSE: WSJ pB2 "Main Street offers mall alternative" by Emily Maltby says small businesses are getting a boost from American Express's "Small Business Saturday" promotion which encouraged holiday shoppers to buy from local stores.
Bank of Am BAC $11.12 -0.16 1.42% 54,429,862 NYSE:
Boeing BA $64.8 -0.61 0.93% 2,280,473 NYSE: Fin times p17 "ANA presses Boeing on 2 year delay to is Dreamliner delivery" by Pilita Clark says the 787 delays are a great disappointment to Boeing's first customer, All Nippon Airways who is pushing Boeing to present the detailed cause of the delay.
Caterpillar CAT $84.13 -0.56 0.66% 2,521,305 NYSE: Barron's p37 "Talking with Bruce Geller, CEO of Dalton, Greiner" by Dimitra Defotis says Geller lost money on mining equipment maker Bucyrus which is being bought by Caterpillar. As Walmart expands in US urban markets, he thinks that dollar store chains that overexpanded in the recession will suffer especially Dollar General which trades around 12 times trialing Ebitda compared with 7.5 for Walmart.
Chevron CVX $82.05 -0.88 1.06% 2,789,661 NYSE:
Cisco CSCO $19.49 +0.03 0.15% 26,259,169 NASDAQ-GS:
Coke KO $64.11 -0.50 0.77% 4,505,705 NYSE:
DIS $36.7 -0.17 0.46% 3,489,498 NYSE:
DuPont DD $46.31 -0.75 1.59% 3,485,807 NYSE: Barron's pM6 "Light metal in heavy demand" by Ed Welsch says DuPont is one of the largest producers of purified titanium dixoide and a seller and user of its pigment and they are bumping up against their capacity.
Exxon XOM $69.23 -0.65 0.93% 7,324,630 NYSE:
GE $15.8 -0.14 0.88% 17,443,094 NYSE:
Hewlett-Packard HPQ $43.2 -0.545 1.25% 9,895,932 NYSE: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Barron's "Week Review" p10 says Hewlett-Packard forecast earnings that exceeded analysts' estimates.
Barron's p42 "Will tablets kill the PC star? by Tiernan Ray says Hewlett-Packard gave the latest evidence slowing of laptop computers saying laptop rev fell 3% in the Q from a year earlier, while overall consumer rev was off 10%.
Home Depot HD $31 -0.16 0.51% 4,182,129 NYSE:
Intel INTC $21.34 -0.0475 0.22% 19,148,966 NASDAQ-GS:
IBM $143.9 -1.91 1.31% 2,081,260 NYSE:
JPMorgan JPM $37.5 -0.66 1.73% 12,819,133 NYSE:
Johnson & Johnson JNJ $62.3 -0.99 1.56% 4,638,810 NYSE:
Kraft KFT $30.3 -0.24 0.79% 3,162,989 NYSE: WSJ pC8 "Starbucks may spill Kraft's Coffee" by John Jannarone says a 2004 agreement between Kraft and Starbucks whereby Kraft distributes Starbucks products is being breached per Starbucks who claims Kraft isn't properly marketing the products.
Barron's p11 "Heading for a real jolt" by Maja Wallengren says it is a concern for major coffee roasters such as Starbucks and Kraft is that Brazil the world's largest coffee producer will start harvesting a smaller than normal crop by April next year just as global coffee stocks in importing nations will be nearly depleted and the only source of fresh supply will be from producing nations in the urgent need of selling.
McDonald's MCD $78.54 -0.94 1.18% 2,576,957 NYSE:
Merck MRK $34.79 -0.36 1.02% 7,114,598 NYSE:
MSFT $25.25 -0.12 0.47% 21,356,527 NASDAQ-GS: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Pfizer PFE $16.49 -0.2015 1.21% 16,480,091 NYSE:
Procter & Gam PG $62.13 -0.47 0.75% 3,916,474 NYSE:
3M MMM $84.4 -0.26 0.31% 1,661,261 NYSE:
Travelers TRV $54.37 -0.74 1.34% 1,574,428 NYSE:
United Tech UTX $75.28 -0.81 1.06% 1,963,880 NYSE:
Verizon VZ $32.21 -0.14 0.43% 6,078,298 DualListed: WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
Walmart WMT $53.74 -0.27 0.5% 4,154,989 NYSE: Barron's "The trader" by Dimitra DeFotis pM3 says Macy's shares rose 3.6% for the week, Target was up 1% and Walmart fell 1 for the week.
WSJ pB2 "For cyber shoppers, gadgets look hot" by Ian Sherr says Apple will move a lot of its iPad tablet through retail partners, including Walmart and Verizon and Target.Hewlett-Packard's Palm products will be hot and Microsoft is betting new additions to its console games will do well.
*********************
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 Leo Apotheker (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 10/24/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $338 [5]
2. Microsoft MSFT 219.5 [9]
3. WalMart WMT 196.5 [3.5]
4. Procter & Gamble PG 180 [3]
5. IBM 176 [1]
6. Johnson & Johnson JNJ 176 [3]
7. GE 171.5 [10.5]
8. Chevron CVX 170 [2]
9. AT&T T 167 [6]
10. JPMorgan Chase JPM 149 [4]
11. Coke KO 142 [2.5]
12. Pfizer PFE 140 [8]
13. Cisco CSCO 134 [6]
14. Bank of America BAC 115 [10]
15. Merck MRK 114 [3]
16. Intel INTC 110.5 [5.5]
17. Hewlett-Packard HPQ 97 [2.5]
18. Verizon VZ 95 [3]
19. McDonald's MCD 83.5 [1]
20. United Technologies UTX 69.5 [1]
21. Disney DIS 67 [2]
22. 3M MMM 64.5 [.5]
23. Kraft KFT 55.5 [2]
24. Home Depot 52.5 [1.5]
25. Boeing BA 52 [1]
26. Caterpillar CAT 49 [.5]
27. American Express AXP 47 [1]
28. DuPont DD 42.5 [1]
29. Travelers 26 [.5]
30. Alcoa AA 13 [1]
Here are the latest SEC filings as of 10/24/10 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: 10/21/10 & 10/10/10 2 8K's re: 3Q earnings of $2.08 per share
10/1/10 8K re: settlement with IRS to pay $300 mil re: '08 tax returns
9/3/10 8K re: increasing Board from 12 to 13 & election of Matthew K. Rose as director
9/2/10 8K re: issuance of 5.35% Notes due '40
8/19/10 8K re: agreement with Comm. Workers of America for a new 3 year contract for the 4,000 CWA workers in AT&T's East region
8/18/10 8K re: exchange offer of 5.35% Notes due '40 for outstanding 8.85% Sr. Notes of New Cingular Wireless due '31
Alcoa AA: 10/22/10 10Q for 3Q ended 9/30/10
10/12 8K re: transcript of 3Q earnings conference
10/8/10 8K re: 3Q results
8/24/10 8K re: tender offer for its 6% Notes due '12 & 5.3% Notes due '13
8/23/10 10Q/A amends prior 10Q
8/10/10 8K re: tender for notes due '12
8/3/10 8K re: sale of notes
American Express AXP: 10/21/10 8K re: 3Q results
10/15/10 8K re: delinquency & write-off statistics
10/4/10 8K re: antitrust lawsuit filed by US Dept. of Justice accusing Amex of forcing merchants not to use competitors' services
9/15/10 8K re: delinquency & write-off stats
9/15/10 8K re: changes to certain credit cards
8/16/10 2 8Ks re: delinquency and write-off statistics
Bank of Am BAC: 10/20/108K re: registration of 50,354,545 shares
10/19/10 8K re: 3Q results
10/8/10 8K re: extension of BofA's review of foreclosures in all 50 states
8/6/10 10Q 2Q 6/30/10
8/3/10 8K re: by-law amendments
Boeing BA: 10/10/10 10Q re: 3Q ended 9/30/10
10/10/10 8K re: 3Q results of $1.12 per share
8/27/10 8K re: delay of delivery of first 787 to mid 1Q '11 due to Rolls Royce Engine supply problems
Caterpiller CAT: 10/21/10 8K re: Sept. dealer stats
10/21/10 8K re: 3Q results
9/30/10 8K re: change of prices
9/21/10 8K re: credit facility
9/17/10 8K re: dealer stats
Chevron CVX: 10/12/10 *K re: 3Q fin'l update
9/30/10 8K re: bylaws amendments
8/5/10 10Q 2Q 6/30/10
7/30/10 8K re: 2Q results
Cisco CSCO 9/28/10 Def. Proxy materials
9/22/10 8K re: stock trading plans for directors
9/21/10 10K for year ended 7/31/10
9/16/10 8K re: award of employee stock options
9/10/10 Prelim Proxy Stmt re: Annual Shareholders Meeting on 11/18/10 at Santa Clara, Cal.
8/11/10 8K re: 4Q results fiscal year 7/31/10
Coke KO 10/19/10 8K re: 3Q fin'l results
10/5/10 8K re: completion of buyout of Coca-Cola Enterprises
9/27/10 8K re: settlement in Georgia of one of 3 shareholder class action suits challenging takeover of CCE
8/27 & 8/24 8Ks re: refiling of Hart-Scott-Rodino filing & similar filing with Candadian Corp. Bureau to give regulators more time to review acquisition of Coca-Cola Enterprises
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: 10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm
10/3/10 8K re: 3Q earnings'9/28/10 8K re: NBC Universal offer to sell notes in a private placement
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
Hewlett-Packard HPQ: 10/18/10 8K re: election of Leo Aptheker as Pres/CEO
9/28/10 8K re: outlook for fiscal year '11
9/20/10 8K re: resolving litigation against ex-CEO mark Hurd
9/13/10 8K re: sale of Global Notes
9/9/10 10Q
9/7/10 8K re; agreement to buy 3Par, Inc.
8/30/10 8K re: Board authorizing add'l $10 bil for share repurchases
8/23/10 8K re: proposal to buy 3Par for $24 per share cash
8/19/10 8K re: reporting 3Q results
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
Home Depot HD: 9/10/10 re: sale of 3.95% Sr. Note due '20 & 5.4% Sr. Notes due '40
9/2/10 10Q
8/17/10 8K re: 2Q results 8/1/10
Intel INTC: 10/13/10 & 10/12/10 2 8Ks re: results for 3Q ended 9/25/10
8/30/10 8K re: acquisition of Infineion's Wireless Business for $1.4 bil to close 1Q '11
8/27/10 8K re: lower expectations for 3Q result
8/19/10 8K re; transcript of conference call announcing acquisition of McAfee, Inc.
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.
IBM:10/19/10 & 10/18/10 2 8Ks re: results for 3Q ended 9/30/10
8/31/10 8K re: FD disclosure re:change in reporting operating income
8/4/10 8K re: issuance of $1.5 bil of debt
JPMorganChase JPM: 10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results
10/13/10 8K re: 3Q results of $1.01 per share
9/15/10 8K re: presentation to a US fin'l services investor conference
8/6/10 10Q 2Q 6/30/10
Johnson & Johnson JNJ : 10/19/10 8K re: results for 3Q ended 10/3/10
10/6/10 SC TO-C re: tender offer to buy Crucell N.V.
10/1/10 8K re; completion of acquisition of Micrus Endovascular Corp.
9/16/10 re: retirement of Colleen Goggins, Worldwide Chair of Consumer Group
8/18/10 8K: re: offer of 2.95% Notes due '20 & 4.5% Notes due '40
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: 10/6/10 & 9/20/10 2 8Ks re: buyback of 5.125% Cadbury Notes due '13
9/15/10 8K re: new global growth strategy
8/19/10 10Q/A amended prior 10Q
8/6/10 10Q 2Q 6/30/10
8/5/10 8K re: 2Q results
5/21/10 8K: re voting
McDonalds MCD: 10/21/10 8K re: 3Q earnings rise 12%
9/24/10 8K re: dividend increase of 11% to 0.61 per share
9/10/10 8K re: global sales in Aug. up 4.9%
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
Merck MRK:10/14/10 8K re: status of Remicade & Simponi arbitration
9/7/10 8K re: arbitration re: Merck's rights to distribute Remicade & Simponi based on agreements from Merck's acquisition of Schering-Plough
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.
Microsoft MSFT: 10/22; 10/12; 10/14; 10/1 & 9/30/10 Proxy Statement materials re: Annual Shareholder Meeting to be held on 11/16/10 at 8am at Meydenbauer Center, Bellevue WA
9/27/10 8K re: sale of notes
9/13/10 8K re: resignation of Stephen Elop as Pres. of Microsoft Bus. Div. to become CEO of Nokia
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:10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's pruchase of King Pharmaceuticals, Inc.
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: 10/14/10 8K re: voting results from 10/12/10 Annual Shareholders Meeting
10/12/10 8K re: dividend of 0.4818 cents per share
10/12/10 8K re: CEO's address at Annual Shareholders Meeting
8/27/10 Proxy Stmt re: Annual Shareholder Meeting to be held Tues. 10/12/10 at 9:00 am in Cincinnati, Ohio
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.
3M MMM:10/8/10 SC TO-T/A re: tender offer statement re: Cogent offer
8/30/10 8K re: acquisition of Cogent Inc. for $10.50 per share or $943 mil.
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:10/21/10 8K & 10Q re: 3Q ended 9/30/10
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
United Technologies UTX:10/20/10 8K re: 3Q results
9/24/10 8K re: departure of certain officers
8/31/10 8K re: redemption of 6.35% Notes due '11
8/19/10 8K re: departure of EVP Ari Bousbib to become CEO of IMS Health
7/26/10 10Q 1Q 6/30/10
7/21/10 8K re: 2Q results5/27/10 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.
Verizon Communications Inc. VZ: 10/22/10 8K re: 3Q results
10/18/10 8K re: in'l info re: divestitures relating to 1/09 acquisition of Alltel Corp.
9/20/10 8K re: appointment of Verizon Wireless Pres/CEO Lowell C. McAdams as Pres/COO of Verizon Communications effective 10/1/10
9/13/10 8K re: retirement of John F. Killian as CFO
9/10/10 8K re: reclassification of results due to spin off of assets as a result of Alltel acquisition
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.
WalMart WMT:10/22/10 8K re: issuance of Notes due 2013
9/29/10 8K re: election of Charles Holley as CFO
9/1/10 10Q
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 Edwardo Castro-Wright as CEO for global.com & William S. Simon as CEO of Walmart U.S.
6/9/10 8K re: results of 6/4 annual meeting of shareholders.
.
Subscribe to:
Posts (Atom)