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Post No. 784 The following is brought to you by Intellivest Securities Research, Inc. Toward the end of this Blog is a list of the Dow 30 current CEOs, a ranking of the Dow 30 components by market capitalization as of Dec. 7, 2010 and Dow 30 component's SEC filings as of Dec. 11, 2010.
A read of Monday's (12/20/10) Barron's, Saturday/Sunday's (12/18 - 19) Wall St. Journal, Sat/Sunday's (12/18 -19) Financial Times, Sat. & Sun's New York Times & Sat. & Sunday's Atlanta Journal Constitution yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol and Friday's stock prices and related data.
Dow:The Dow Jones Industrial Average closed Friday at 11,491.91 down 7.34 points or 0.06% from Thursday's close of 11,499.25. For the week the Dow is up 81.59 points or 0.72% from last Friday's close of 11,410.32. For the year the Dow is up 10.20%. Of the 30 Dow Jones component companies 13 gained and 17 declined. The biggest gainer dollar-wise and percentage-wise was Boeing BA $65.03 +0.63 0.98% 7,535,740 NYSE. The biggest decliner dollar-wise was Caterpillar CAT $92.59 -0.61 0.65% 5,703,793 NYSE and percentage-wise was Pfizer PFE $17.03 -0.19 1.1% 50,335,918 NYSE.
Sun. AJC "Analysts say Dow rally likely in '11" by Stan Choe, AP says the Dow has risen 23% or more 6 times since '85 or roughly 1 in 4 years and describes these periods.
WSJ pB14 "Merck, Pfizer weigh on DJIA" by Steven Russolillo says blue chip stocks closed slightly lower Fri as regulatory worries weighed ond urg makes, but the losses were muted in the face of positive profit reports from tech firms. American Express led the Dow lower, falling 56 cents while Merck & Pfizer were among the Dow's biggest decliners.
Fin Times p16 "Positive results from Oracle & RIM help techs advance" by Hannah Kuchler says positive earnings from Oracle & Research in Motion boosted tech stocks, while the S&P 500 edged lower. Larry Ellison, Oracle CEO, predicted the company would take market share in some of the most profitable businesses of is rivals Hewlett-Packard & SAP. Shares in HPQ were flat but SAP gained 1.2% and IBM added 0.3%.
Sat NYT pB8 "A flat finish for markets despite hopeful signs" by AP says stocks ended flat on Fri as investors shrugged off encouraging economic signs & a tax cut package expected to lift economic growth. Trading ended shortly before Obama signed a tax bill into law.
As of the close of the market Friday, the current divisor for the Dow Jones Industrial Average found at page B4 of Saturday's Wall St. Journal is 0.132129493. The trailing P/E is 14.65 down up from Friday's P/E of 14.66 (year ago it was 17.92); the P/E estimate is 13.43 unchanged from Friday's 13.43 (year ago it was 16.00) and the dividend yield is 2.50 up from Friday's dividend yield of 2.49 (last year it was 2.69). 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 1,518.41 down 0.97 from Thursday's closing numerator of 1,519.39. 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 $50.61 down $0.04 from Thursday's Dow Jones Industrial Average average closing price of $50.65. The median closing price of Friday's Dow Jones Industrial Average was $41.48 (HPQ/AXP) down 1.78 from Thursday's closing median price of $43.26. The lowest volume was 3M MMM $86.37 -0.03 0.03% 3,458,432 NYSE and the highest volume was again Bank of America BAC $12.57 +0.05 0.4% 149,071,053 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 $109 ($151,950 - $151,841)
MarketWatch Friday 12/18/10 4:52 pm by Kate Gibson says U.S. stock benchmarks Friday extended gains to a third-straight week after a lackluster session highlighted by upbeat reports from Oracle Corp. and Research in Motion Ltd.
After brief forays into positive turf, the Dow Jones Industrial Average (DJIA 11,492, -7.34, -0.06%) closed off 7.34 points, or 0.1%, at 11,491.91, with its 17 of its 30 components lower. Disappointment over the outcome of a European Union summit, which bolstered the U.S. dollar, weighed on the index. The S&P 500 (SPX 1,244, +1.04, +0.08%) ended up 1.04 points, or 0.1%, at 1,243.91, with materials the best performer and telecommunications the weakest of its 10 industry groups. It was the benchmark’s highest close since September 2008. “The market is saying, ‘We’re going to wrap it up for the year,’ and today we’re meandering around zero,” said John Canally, an analyst at LPL Financial. Friday’s quarterly options and futures expiration had the possibility of adding volatility to the market as traders closed out positions, analysts said, although as the afternoon progressed, that did not appear to be the case.The Nasdaq Composite (COMP 2,643, +5.66, +0.22%) climbed 5.66 points, or 0.2%, to 2,642.97. For the week, the Dow gained 0.7%, the S&P 500 added 0.3%, and the Nasdaq Composite advanced 0.2%. It was the third-straight week of gains for the Dow and the S&P 500 and the fourth for the Nasdaq Composite. For every seven stocks on the decline, eight were rising on the New York Stock Exchange, where 2 billion shares traded hands. Signaling the recovery should pick up steam early next year, the Conference Board’s index of leading economic indicators in November made its biggest jump in eight months.
The index, which tracks data including orders for new goods, climbed 1.1%, as economists surveyed by MarketWatch had expected. Concerns from overseas were again in play after Moody’s Investors Service downgraded Ireland’s government-bond rating by five notches and said the country had a weak economic outlook.“Unfortunately we’re still in an environment where European sovereign debt is still an issue, and then the dollar goes up a bit, commodities go up a bit and U.S. equities get hit a little bit,” said Art Hogan, chief market strategist at Jefferies & Co. Technology offered investors a bit of bullish momentum, with quarterly results from software giant Oracle (ORCL 31.49, +0.03, +0.09%) and Blackberry maker Research In Motion (RIMM 60.16, -0.04, -0.07%) topping Wall Street’s expectations late Thursday. Oracle shares ended up 3.9%, while Research in Motion’s U.S. shares gained 1.6%.
Ahead of Wall Street’s open, the Bank of Montreal said it would buy Wisconsin-based Marshall & Ilsley Corp. (MI 6.85, +0.01, +0.15%) for $4.1 billion in stock, triggering a rally in regional bank stocks.On Friday, President Barack Obama signed a bipartisan tax package, extending Bush-era tax cuts for virtually all American workers for another two years. The U.S. House passed the legislation Thursday night.
Benjamin Pemental of Marketwatch says US technology stocks edged higher Friday, as shares of Oracle Corp. jumped nearly 4% a day after the software giant posted upbeat results. Oracle (ORCL 31.46, -.00, -0.01%) rose 3.9% to close at $31.46, as the Redwood City, Calif.-based tech giant beat Wall Street’s expectations. “Oracle provided a holiday present for shareholders by easily exceeding expectations for the November quarter and impressively, guidance for the February quarter was well above consensus estimates,” J.P. Morgan analyst John DiFucci said in a note. Obama's success in moving a tax plan through Congress is the opening step on a new, more centrist course White House officials hope will yield results. Shares of Research In Motion (RIMM 60.20, +0.96, +1.62%) were up 1.6% to close at $60.20, after the maker of the BlackBerry device reported a 45% jump in profit.
Shares of Take-Two Interactive (TTWO 12.95, +0.02, +0.16%) jumped 8.3% to close at $12.93, after the video game publisher reported results showing it swinging to a profit. The triple play helped keep the sector afloat, as the Nasdaq Composite Index (COMP 2,643, +5.66, +0.22%) held on to modest gains, rising 0.2% to close at 2,643. The Morgan Stanley High Tech 35 Index (MSH 658.90, +2.10, +0.32%) rose 0.4%, while the Philadelphia Semiconductor Index (SOX 411.44, +2.73, +0.67%) was up 0.7%. But the sector was weighed down by losses in shares of Google Inc. (GOOG 590.68, -0.12, -0.02%) , Cisco Systems (CSCO 19.50, -0.05, -0.24%) and eBay Inc. (EBAY 29.90, +0.08, +0.27%).
Friday's Closing Dow Numbers and Saturday's News:
AT&T T $29.21 +0.02 0.07% 34,315,350 NYSE: Barron's pM17 "Speaking of dividends" by Shirley Lazo says on Fri, AT&T increased its quarterly common dividend a penny to 43 cents a share, the 27th consecutive annual boost and authorized a new 300 mil share repurchase. AT&T with the dividend now yields 5.90%.
Alcoa AA $14.56 -0.10 0.69% 21,271,570 NYSE: No mentions found.
American Express AXP $44.01 -0.56 1.26% 16,519,516 NYSE: Sat NYT pB1 "Citi deals a new deck of credit cards" by Ron Lieber says American Express said Fri it would soon get rid of its dreaded currency conversion fees for transactions that begin outside of the US, though only for htose with a Platinum or Centurion personal and small biz cards.
WSJ pB14 "Merck, Pfizer weigh on DJIA" by Steven Russolillo says blue chip stocks closed slightly lower Fri as regulatory worries weighed ond urg makes, but the losses were muted in the face of positive profit reports from tech firms. American Express led the Dow lower, falling 56 cents while Merck & Pfizer were among the Dow's biggest decliners.
Bank of America BAC $12.57 +0.05 0.4% 149,071,053 NYSE: Sun AJC pA5 "BofA drops Wikileaks payments' by AP says Bank of America has joined several other financial institutions in refusing to handle payments for WikiLeaks.
Barron's p10 "Week Review" says Rob Arnott, Chairman, Research Affiliates likes Bank of America.
WSJ pB3 "Arizona & Nevada sue Bank of America" by Ruth Simon, NYT pB3 "Two states sue BofA over mortgages" by Andrew Martin, Sat AJC pA15 "Two states file lawsuits against BofA" by Bob Christie say Arizona & Nevada filed civil lawsuits Fri against Bank of America alleging it misled and deceived homeowners who tried to modify mortgages in 2 of the nation's most foreclosure damaged states.
WSJ pB7 "The vault line: It's time to consider bank stocks again" by james Stewart says Bank of America is in a category of its own because besides all the other woes afflicting banks, its stock has been depressed by rumors that it will be the next target of Wikileaks founder Julian Assange. JPMorgan arguably the best run of the major banks, trades at an even lower forward p/e than Bank of America.
Boeing BA $65.03 +0.63 0.98% 7,535,740 NYSE: WSJ pC8 "Cheaper by the dozen" by Arthur Herman reviews two books about America's cold War policies and pictures Boeing's Stratotanker which debuted in '57 and is still in service today.
Caterpillar CAT $92.59 -0.61 0.65% 5,703,793 NYSE: No mentions found.
Chevron CVX $88.49 -0.57 0.64% 10,395,842 NYSE: WSJ pB4 "Chevron forces legal change" by Ben Casselman says Ecuadoreans suing Chevron over alleged pollution have hired new lawyers and are overhauling their legal strategy after a year of aggressive legal moves by Chevron splintered their legal team. Chevron accused them of manufacturing evidence and bribing judges.
Cisco CSCO $19.55 -0.20 1.01% 98,420,312 NASDAQ-GS: No mentions found.
Coke KO $65.7 +0.36 0.55% 13,699,426 NYSE: Barron's p29 "Outlook '11" by Kopin Tan says corporate America learned a lesson during the credit crisis not to get caught having to raise money at the wrong time. That's why even cash rich firms like Coke, Microsoft, eBay and Walmart have recently rushed to capitalize ont he clamor for bonds by issuing debt at minuscule rates, while they can. Consumer staples gained 10% this year and firms like Pepsi and Procter & Gamble got much of their rev and profits from fast growing emerging markets.
Sat. AJC pA14 "Coca-Cola improves cost-savings outlook" by Jeremiah McWilliams says Coke expects to cut more costs as a result of acquiring the N. Amer. assets of bottler Coca-Cola Enterprises in Oct. It increased cost savings from $120 mil to $125 mil to a range of $140 mil to $150 mil. The savings will be offset next year by higher costs of orange juice, diesel ful, aluminum and corn.
DIS $37.05 +0.04 0.11% 9,639,220 NYSE: No mentions found.
DuPont DD $49.86 +0.41 0.83% 7,491,371 NYSE: No mentions found.
Exxon XOM $72.17 -0.05 0.07% 31,264,935 NYSE: Barron's p29 "Outlook '11" by Kopin Tan says corporate America learned a lesson during the credit crisis not to get caught having to raise money at the wrong time. That's why even cash rich firms like Coke, Microsoft, eBay and Walmart have recently rushed to capitalize on the clamor for bonds by issuing debt at minuscule rates, while they can. Consumer staples gained 10% this year and firms like Pepsi and Procter & Gamble got much of their rev and profits from fast growing emerging markets. analyst David Kostin of Goldman Sachs tracked down 25 heavy lifters that account for 2/3 of the S&P 500's projected margin growth next year. Ten of these are tech firms and his list includes ExxonMobil, Merck, Pfizer, Apple, Google, Oracle & Qualcomm.
GE $17.7 -0.07 0.39% 63,220,725 NYSE: WSJ pA3 "EPA presses GE on cleanup of river" by Devlin Barrett says the EPA has set more stringent requirements for GE in the next phase of the Hudson River clean which requires GE to dredge PCB contaminated sediment more effectively during the rest of the cleanup than in the first phase, and allow less capping, a precess that involves anchoring heavy sediment to the river bottom to entomb toxic material there.
WSJ pB5 "Level 3 contest Comcast deal" by Amy Schatz says Level 3 Communications has asked fed regulators to impose conditions on Comcast's deal acquire control of GE's NBC Universal potentially upsetting efforts to close the deal by year end.
Hewlett-Packard HPQ $41.96 +0.0075 0.02% 23,199,370 NYSE: Sat. AJC pA15 "Probe expands into possible kickbacks" says the US Justice Dept & SEC are expanding their probe into possible kickbacks by Hewlett-Packard in Austria, Serbia, Netherlands, Russia & Germany.
Fin Times p16 "Positive results from Oracle & RIM help techs advance" by Hannah Kuchler says positive earnings from Oracle & Research in Motion boosted tech stocks, while the S&P 500 edged lower. Larry Ellison, Oracle CEO, predicted the company would take market share in some of the most profitable businesses of is rivals Hewlett-Packard & SAP. Shares in HPQ were flat but SAP gained 1.2% and IBM added 0.3%.
Home Depot HD $35.1 -0.02 0.06% 16,377,128 NYSE: No mentions found.
Intel INTC $21.46 +0.16 0.75% 51,703,294 NASDAQ-GS: WSJ pB6 "EU has concerns on big Intel deal" by Ben Worthen says Intel's $7.68 bil deal to buy security software specialist McAfee is running into close scrutiny by European officials that could delay the deal. A focus is Intel's desire to incorporate security features into its microprocessor chips which could make it difficult for McAfee's rivals to compete.
IBM $145 +0.45 0.31% 9,041,196 NYSE: Fin Times p16 "Positive results from Oracle & RIM help techs advance" by Hannah Kuchler says positive earnings from Oracle & Research in Motion boosted tech stocks, while the S&P 500 edged lower. Larry Ellison, Oracle CEO, predicted the company would take market share in some of the most profitable businesses of is rivals Hewlett-Packard & SAP. Shares in HPQ were flat but SAP gained 1.2% and IBM added 0.3%.
JPMorgan JPM $39.67 -0.3425 0.86% 48,866,611 NYSE: Sun NYT p10 Letters to the Editor has three letters responding to the article about Jamie Dimon, "The stress-testing of Jamie Dimon" hat was in the NYT 12/5/10 Magazine. One lettter is from an ex-employee of JPMorgan worries about finding a successor to Dimon and another letter writer criticizes JPM for supporting genocide by investing in PetroChina that does business with Sudan.
Barron's p50 "Interview with Stephen Auth, Chief Investment Officer, Equity, Federated Investors by Lawrence Strauss says he likes JPMorgan because during the fin'l crisis they were able to buy assets for nothing without issuing equity. He also likes McDonald's because it gets 2/3 of its rev overseas and has an attractive 3% dividend yield.
WSJ pB18 "Banks still feel weightof leverage" by David Reilly says leverage is more an issue for European banks because the US has long had a leverage ratio of 3% and large banks like JPMorgan or Citigroup easily clear that bar.
WSJ pB7 "The vault line: It's time to consider bank stocks again" by james Stewart says Bank of America is in a category of its own because besides all the other woes afflicting banks, its stock has been depressed by rumors that it will be the next target of Wikileaks founder Julian Assange. JPMorgan arguably the best run of the major banks, trades at an even lower forward p/e than Bank of America.
Johnson & Johnson JNJ $62.54 +0.14 0.22% 14,445,009 NYSE: NYT pB3 "N. Carolina plant made Rolaids recalled by JNJ" by Natasha Singer says Best Sweet, a maker of candy and chewy otc drug products in Mooresville, NC. made Rolaids soft schews involved in a recall last week by a unit of Johnson & Johnson.
KFT $31.93 +0.29 0.92% 10,353,604 NYSE: No mentions found.
McDonald's MCD $76.81 +0.10 0.13% 8,069,877 NYSE: Barron's p50 "Interview with Stephen Auth, Chief Investment Officer, Equity, Federated Investors by Lawrence Strauss says he likes JPMorgan because during the fin'l crisis they were able to buy assets for nothing without issuing equity. He also likes McDonald's because it gets 2/3 of its rev overseas and has an attractive 3% dividend yield.
Sat AJC pA14 "Breakfasat wars hit fast food eateries" by Jeremiah McWilliams says McDonald's plans to sell oatmeal due to an increase in breakfast customers.
Merck MRK $36.48 -0.36 0.98% 17,306,378 NYSE: Barron's p29 "Outlook '11" by Kopin Tan says corporate America learned a lesson during the credit crisis not to get caught having to raise money at the wrong time. That's why even cash rich firms like Coke, Microsoft, eBay and Walmart have recently rushed to capitalize on the clamor for bonds by issuing debt at minuscule rates, while they can. Consumer staples gained 10% this year and firms like Pepsi and Procter & Gamble got much of their rev and profits from fast growing emerging markets. analyst David Kostin of Goldman Sachs tracked down 25 heavy lifters that account for 2/3 of the S&P 500's projected margin growth next year. Ten of these are tech firms and his list includes ExxonMobil, Merck, Pfizer, Apple, Google, Oracle & Qualcomm.
WSJ pB14 "Merck, Pfizer weigh on DJIA" by Steven Russolillo says blue chip stocks closed slightly lower Fri as regulatory worries weighed on drug makers, but the losses were muted in the face of positive profit reports from tech firms. American Express led the Dow lower, falling 56 cents while Merck & Pfizer were among the Dow's biggest decliners
Microsoft MSFT $27.9025 -0.085 0.3% 80,180,019 NASDAQ-GS: Barron's p39 "Beyond gadgets: the services brawl of '11" by Tiernan Ray says Apple, Google, Microsoft and most other computing firms are competing to build a platform that means all manner of content and computing functionality can be psuhed to various devices while the data resides in the clould
Barron's p29 "Outlook '11" by Kopin Tan says corporate America learned a lesson during the credit crisis not to get caught having to raise money at the wrong time. That's why even cash rich firms like Coke, Microsoft, eBay and Walmart have recently rushed to capitalize on the clamor for bonds by issuing debt at minuscule rates, while they can. Consumer staples gained 10% this year and firms like Pepsi and Procter & Gamble got much of their rev and profits from fast growing emerging markets.
Pfizer PFE $17.03 -0.19 1.1% 50,335,918 NYSE: Barron's p29 "Outlook '11" by Kopin Tan says corporate America learned a lesson during the credit crisis not to get caught having to raise money at the wrong time. That's why even cash rich firms like Coke, Microsoft, eBay and Walmart have recently rushed to capitalize on the clamor for bonds by issuing debt at minuscule rates, while they can. Consumer staples gained 10% this year and firms like Pepsi and Procter & Gamble got much of their rev and profits from fast growing emerging markets. analyst David Kostin of Goldman Sachs tracked down 25 heavy lifters that account for 2/3 of the S&P 500's projected margin growth next year. Ten of these are tech firms and his list includes ExxonMobil, Merck, Pfizer, Apple, Google, Oracle & Qualcomm.
WSJ pB14 "Merck, Pfizer weigh on DJIA" by Steven Russolillo says blue chip stocks closed slightly lower Fri as regulatory worries weighed on drug makers, but the losses were muted in the face of positive profit reports from tech firms. American Express led the Dow lower, falling 56 cents while Merck & Pfizer were among the Dow's biggest decliners
Procter & Gamble PG $64.81 +0.31 0.48% 19,992,385 NYSE: Barron's p29 "Outlook '11" by Kopin Tan says corporate America leanred a lesson during the credit crisis not to get caught having to raise money at the wrong time. That's why even cash rich firms like Coke, Microsoft, eBay and Walmart have recently rushed to capitalize ont he clamor for bonds by issuing debt at minuscule rates, while they can. Consumer staples gained 10% this year and firms like Pepsi and Procter & Gamble got much of their rev and profits from fast growing emerging markets.
3M MMM $86.37 -0.03 0.03% 3,458,432 NYSE: No mentions found.
Travelers TRV $55.18 -0.18 0.33% 4,419,516 NYSE: No mentions found.
United Tech UTX $78.8 -0.22 0.28% 4,812,247 NYSE: No mentions found.
Verizon VZ $34.64 -0.12 0.35% 23,102,007 Dual Listed: No mentions found.
Walmart WMT $54.41 -0.22 0.4% 18,706,591 NYSE: Barron's p29 "Outlook '11" by Kopin Tan says corporate America learned a lesson during the credit crisis not to get caught having to raise money at the wrong time. That's why even cash rich firms like Coke, Microsoft, eBay and Walmart have recently rushed to capitalize ont he clamor for bonds by issuing debt at minuscule rates, while they can. Consumer staples gained 10% this year and firms like Pepsi and Procter & Gamble got much of their rev and profits from fast growing emerging markets.
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Here are the current CEOs of the Dow 30 Companies:
AT&T T Randall L. Stephenson (Dallas, TX)
Alcoa AA Klaus Kleinfeld (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 Kenneth Frazer 1/1/11 replaces Richard Clark (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
Pfizer PFE Ian Read (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 12/7/10 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $361 [5]
2. Microsoft MSFT 233 [9]
3. WalMart WMT 200 [3.5]
4. GE 182.5 [10.5]
5. IBM 179 [1]
6. Procter & Gamble PG 176 [3]
7. Chevron CVX 174 [2]
8. Johnson & Johnson JNJ 171 [3]
9. AT&T T 169 [6]
10. JPMorgan Chase JPM 154 [4]
11. Coke KO 149 [2.5]
12. Pfizer PFE 134.5 [8]
13. Intel INTC 120.5 [5.5]
14. Bank of America BAC 117 [10]
15. Cisco CSCO 111 [6]
16. Merck MRK 109 [3]
17. Verizon VZ 98 [3]
18. Hewlett-Packard HPQ 96 [2.5]
19. McDonald's MCD 85 [1]
20. United Technologies UTX 72.5 [1]
21. Disney DIS 71 [2]
22. 3M MMM 60.5 [.5]
23. Caterpillar CAT 57.5 [.5]
24. Home Depot 55 [1.5]
25. American Express AXP 54 [1]
26. Kraft KFT 53.5 [2]
27. Boeing BA 48.5 [1]
28. DuPont DD 45 [1]
29. Travelers 25.5 [.5]
30. Alcoa AA 14.5 [1]
Here are the latest 8K, 10Q & 10K SEC filings as of 12/11/10:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
AT&T T: 12/7/10 8K re: replacement of existing 5 year $9.4 bil revolving credit facility
12/1/10 8K re: redemption of all 7.8% notes due 3/1/11
11/5 10Q for quarter ending 9/30/10
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
American Express AXP: 11/15/10 8K re: delinquency & write-off statistics for period ending 10/31/10
11/3/10 10Q for quarter ending 9/30/10
11/2/10 8K re: changes to retirement plan for officers
Bank of Am BAC: 11/5/10 10Q for quarter ending 9/30/10
11/5/10 8K re: status of Countrywide litigation
10/20/108K re: registration of 50,354,545 shares
Boeing BA: 12/3/10 8K re: election o Ronald A. Williams to Board of Directors and the Audit & Finance Committees
11/16/10 8K re: $2.3 bil 364 day revolving credit agreement
Caterpiller CAT: 12/10/10 8K re: election of Jesse J. Greene, Jr. & Miles D. White to Board of Directors and Greene to the Audit Committee & White to Governance Committee
12/7/10 8K re: entering into bridge loan of up to $8.6 bil
11/18/10 8K re: status of acquisition of Bucyrus
11/18/10 8K 3 month dealer statistics
11/15/10 8K re: acquisition of Bucyrus for $8.6 bil to close mid '11
11/12/10 8K/A resignation of Gail D. Foster from Board of Directors
11/4/10 10Q for quarter ending 9/30/10
Chevron CVX:11/5/10 10Q for quarter ending 9/30/10
10/29 8K re 3Q net income of $3.77 bil down from $3.83 bil for 3Q '09
Cisco CSCO 11/23/10 10Q for quarter ending 10/30/10
Coke KO 12/9/10 8K re: election of Howard G. Buffett to Board of Directors & Public Issue & Diversity Relations Committees
12/1/10 8K/A re: technical amendment of prior 8K
11/23/10 8K re: result of cash tender offer for debt
11/18/10 8K re: completion of note offering
11/16/10 8K re: resignation of Cathleen p. Black from Board to become Chancellor of NYC Schools
11/8/10 8K re: underwriting agreement for issuance of notes
11/4/10 8K re tender offer for CCE debt
10/29/10 10Q for quarter ending 10/1/10
Disney DIS 11/24/10 10K for year ending 10/2/10
11/12/10 8K re: results of 4Qtr earnings
DuPont DD: 12/10 8K re: retirement of Jeffrey L, Keefer as EVP
10/21/10 10Q for 3rd quarter ending 9/30/10
10/26/10 8K re 3Q results
ExxonMobil XOM: 11/30/10 8K re: revisions to officers' compensation plan
11/16/10 10Q re 3Q results ending 9/30/10
10/28/10 8K re: 3Q results
10/22/10 SC TO-C re: offer to buy Clarinet Inc., a cancer diagnostic firm
GE: 11/3/10 10Q re 9/30/10 results
Hewlett-Packard HPQ: 12/2/10 8K re: underwriting agreement for issuance of notes
11/22/10 8K re: 4Q results
10/18/10 8K re: election of Leo Aptheker as Pres/CEO
Home Depot HD: 12/2/10 10Q re: results for period ending 10/31/10
11/16/10 8K re: update of fiscal year '10 guidance
Intel INTC: 11/12/10 8K re: 15% increase of quarterly cash dividend
11/2/10 10Q for quarter ending 9/25/10
IBM: 12/8/10 8K re: underwriting agreement re: debt
12/6/10 8K re: resignatin of Cathleen Black from Board of Directors
10/26/10 10Q for period ending 9/30/10
JPMorganChase JPM: 10/28/10 8K/A re: amendment to replace capital covenants re: debt
10/20/10 & 10/19/10 2 8Ks re: amendment to credit agreements
10/14/10 8K re: investor conference re: 3Q results
Johnson & Johnson JNJ : 11/10/10 10Q for quarter ending 10/3/10
Kraft KFT:12/6/10 8K re: seeking preliminary injunction vs. Starbucks
11/30/10 8K re: arbitration with Starbucks'11/29/10 8K re: cash debt tender offer to holders of $1 bil of notes
11/8/10 8K re: status of agreement with Starbucks'
11/5/10 10Q for quarter ending 9/30/10
11/4/10 8K re: 3Q results
McDonalds MCD: 12/10 8K re: amendment of Cert. of Incorp re: designations of rights of preferred stock
12/9/10 8K re: global sales results
11/9/10 8K re: results of global sales results
11/5/10 8K re: resignation of Denis Hennequin as President of McDonald's Europe to be replaced by Steve Easterbook
11/5/10 10Q for period ending 9/30/10
Merck MRK: 12/10/10 8K re: sale of 2.2% notesw due '16
11/30/10 8K re: election of Kenneth C. Frazier a CEO with Richard T. Clark staing as Chair
11/8/10 10Q for period ending 9/30/10
Microsoft MSFT: 11/19/10 8K re: results of 11/16/10 Annual Meeting of Shareholders
Pfizer PFE: 12/9/10 8K re: resignation of Jeffrey B. Kindler as CEO & election of Ian C. Read as Pres/CEO
11/12/10 10Q for quarter ending 10/3/10
11/2/10 8K re: 3Q results
10/22/10 SC TO-T & 10/12/10 8K both re: Pfizer's purchase of King Pharmaceuticals, Inc.
Procter & Gamble PG: 11/18/10 8K re: close of sale of $1 bil of 1.8% notes due '15
10/28/10 10Q for period ending 9/30/10
10/27/10 8K re: results for quarter ending 9/30/10
3M MMM: 12/7/10 8K re: re: financial outlook for '11
11/5/10 10Q re: quarter ending 9/30/10'
10/28/10 8K re: 3Q results of $6.9 bil sales
Travelers TRV: 11/10/10 8K re: completion of tender offer for 6.25% debentures due '67
11/9/10 8K re: modification of rights of holders of 6.75% notes due '36
11/8/10 re: purchase of 43% of a Brazilian surety
11/8/10 8K & 11/5/10 8K re: amendment of consent solicitation of 6.75% notes
11/1/10 8K re: underwriting agreement for sale of notes
10/27/10 8K re: tender offer to holders of 6.25% due '67
United Technologies UTX: 12/10/10 8K re: election of Ellen Kullman, DuPont CEO to Board of Directors
12/10/10 8K re: resignation of Carlos M. Gutierrez from Board
10/25/10 10Q for period ending 9/30/10
Verizon Communications Inc. VZ: 12/8/10 8K/A re: Board committee assignments of Rodney E. Slater
11/10/10 8K/A re: election of Lowell C. McAdam as Pres/COO & Francis J. Shammo EVP & CFO
10/28/10 10Q for period ending 9/30/10
WalMart WMT: 12/6/10 10Q for period ending 10/31/10
11/16/10 8K re: 3 Qtr EPS 0.95 cents and raising full year EPS guidance from $3.95 to $4.05