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Post No. 864 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 Dow 30 component's SEC filings as of January 10, 2011.
The Dow Jones Industrial Average closed Tuesday at 12,233.15161.63 up 71.52 points or 0.59% from Monday's close of 12,161.63. Of the 30 Dow Jones component companies 24 gained, Hewlett-Packard was unchanged and 5 declined. The biggest gainer dollar-wise was McDonald's MCD $75.36 +1.91 2.6% 11,846,838 NYSE and percentage-wise was American Express AXP $45.88 +1.06 2.37% 9,800,501 NYSE. The biggest decliner dollar-wise and percentage-wise was Exxon XOM $82.98 -0.95 1.13% 17,463,426 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 15.14 up from Monday's 15.06 (year ago it was 16.09); the P/E estimate is 12.64 unchanged from Monday's 12.64 (year ago it was 12.67), and the dividend yield is 2.37 down from Monday's 2.38 (last year it was 2.75). 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 1,616.35 up 9.44 from Monday's closing numerator of 1,606.91. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator increase for today by the divisor (0.132129493) you get the increase in today's Dow. A $1 change in the price of any DJIA stock = a 7.57 change in the average.
The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was $53.88 up $0.32 from Monday's Dow Jones Industrial Average average closing price of $53.56. The median closing price of Tuesday's Dow Jones Industrial Average was $47.01(HPQ/AXP) up 0.19 from Monday's median closing price of $46.82. The lowest volume was United Technologies UTX $83.88 +0.22 0.26% 2,563,373 NYSE and the highest volume was again Bank of America BAC $14.61 -0.06 0.41% 158,150,254 NYSE.
If Tuesday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $944 ($161,636 - $160,691.
MarketWatch Tuesday 2/8/11 5:10 by Kate Gibson says US stocks on Tuesday extended multiyear highs, with the Dow Jones Industrial Average up for a seventh session, after McDonald’s Corp. posted better-than-anticipated sales. ‘Investors have this burning desire to buy the dips right now, so they keep piling in on any sign of weakness.’ The Dow industrials (DJIA 12,233, +71.52, +0.59%) closed up 71.52 points, or 0.6%, at 12,233.15, the highest close since June 16, 2008. All but six of its 30 components tallied gains, led by McDonald’s Corp. (MCD 75.45, +0.09, +0.12%) . The fast-food giant’s shares rose 2.6% after it reported better-than-expected gains in sales in every part of the globe except the United States during January. The gain pushed the Dow’s daily winning streak to its longest in nearly seven months, since the seven-session stretch that ended July 14, 2010. Investors have increasingly focused on largely positive corporate results over the last week, overlooking uncertainty clouding Egypt’s leadership change and on Tuesday, China’s latest interest-rate hike to tamp down inflation. “If trends continue with the firms left to report, fourth-quarter 2010 could be the seventh consecutive quarter of earnings outperformance by 70% or more of companies,” noted William Stone, chief investment strategist at PNC Financial Services Group. The Standard & Poor’s 500 Index (SPX 1,325, +5.52, +0.42%) ended up 5.52 points, or 0.4%, to 1,324.57, the highest close since June 19, 2008. Consumer-discretionary shares fared the best and energy ranked the worst among its 10 industry groups. Breaking own the Verizon Wireless iPhone shows that it contains several changes, including an improved antenna design and a chip supplied by Qualcomm, according to IHS iSuppli. The Nasdaq Composite Index (COMP 2,797, +13.06, +0.47%) added 13.06 points, or 0.5%, to 2,797.05, the highest since November 6, 2007. “The market was weak early on because of China raising rates; we’re obviously worried about the implications for global economic growth,” said Michael Gibbs, director of equity strategy at Morgan Keegan, referring to the third interest-rate hike by China since mid-October. Read about latest move by the People’s Bank of China.For every two stocks that fell nearly two gained on the New York Stock Exchange, where volume hit 889 million shares. Urban Outfitters Inc. (URBN 37.06, +1.95, +5.55%) shares gained 5.6%, Family Dollar Stores Inc. fdo (FDO 44.00, -0.01, -0.02%) added 5.2% and Starbucks Corp. (SBUX 32.88, -0.24, -0.74%) gained 2.4% -- all driving gains among retail stocks on the S&P 500. Treasury prices fell, sending yields sharply higher, after the government’s sale of $32 billion of three-year debt brought the lowest demand in more than three years from bidders including central banks. “The highest 3-year note yield since last May wasn’t enough to entice buyers, which is why I believe Treasuries across the curve sold off after the results were posted,” Peter Boockvar, equity strategist at Miller Tabak, wrote in an email. “The average 30-year mortgage rate will be back above 5% tomorrow after touching 4.99% yesterday,” Boockvar wrote.
Sapping energy stocks, crude-oil futures for March delivery (CLH11 87.45, +0.51, +0.59%) fell 54 cents to $86.94 a barrel on the New York Mercantile Exchange, while April gold /quotes/comstock/21e!f:gc\j11 (GCJ11 1,363, -1.60, -0.12%) rose $15.90 to end at $1,364.10 an ounce, its highest close in nearly three weeks.
Tuesday's Closing Dow Numbers:
AT&T T $27.91 -0.05 0.18% 19,824,475 NYSE
Alcoa AA $17.4+0.08 0.46% 20,063,707 NYSE
American Express AXP $45.88 +1.06 2.37% 9,800,501 NYSE
Bank of America BAC $14.61 -0.06 0.41% 158,150,254 NYSE
Boeing BA $72.71 +0.78 1.08% 4,083,856 NYSE
CAT $100.61 +0.14 0.14% 5,043,923 NYSE
Chevron CVX $97.74 +0.08 0.08% 5,710,094 NYSE
CSCO $21.99 -0.04 0.18% 73,083,843 NASDAQ-GS
Coke KO $62.87 +0.35 0.56% 6,528,070 NYSE
DIS $41.18 +0.24 0.59% 11,789,984 NYSE
DuPont DD $53.71 +0.38 0.71% 7,835,835 NYSE
Exxon XOM $82.98 -0.95 1.13% 17,463,426 NYSE
GE $21.28 +0.41 1.96% 54,879,888 NYSE
Hewlett-Packard HPQ $48.14 unch unch 9,899,160 NYSE
Home Depot HD $37.16 +0.56 1.53% 6,123,927 NYSE
Intel INTC $21.635 -0.055 0.25% 48,197,583 NASDAQ-GS
IBM $166.05 +1.23 0.75% 5,612,093 NYSE
JPMorgan JPM $45.74 +0.24 0.53% 28,600,342 NYSE
JNJ $60.94 +0.07 0.11% 7,867,577 NYSE
KFT $31.13 +0.26 0.84% 9,266,981 NYSE
McDonald's MCD $75.36 +1.91 2.6% 11,846,838 NYSE
MRK $33.27 +0.27 0.82% 11,865,413 NYSE
MSFT $28.2825 +0.085 0.3% 34,904,106 NASDAQ-GS
Pfizer PFE $19.16 +0.12 0.63% 25,219,687 NYSE
Procter & Gamble PG $64.64 +0.09 0.14% 8,193,003 NYSE
MMM $89.47 +0.68 0.77% 2,707,939 NYSE
TRV $57.88 0+.70 1.22% 2,885,966 NYSE
United Technologies UTX $83.88 +0.22 0.26% 2,563,373 NYSE
Verizon VZ $36.34 +0.32 0.89% 11,868,063 DualListed
WMT $56.38 +0.31 0.55% 8,817,347 NYSE
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The following are excerpts from Tuesday morning's Blog.
A read of the print editions of Monday's Barron's, Wall St. Journal, Financial Times, New York Times, USA Today, Atlanta Journal Constitution & Daily Report - Ga. (carriers Bloomberg) 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 Jones Industrial Average: The Dow Jones Industrial Average closed Monday at 12,161.63 up 69.48 points or 0.57% from Friday's close of 12,092.15. For the year the Dow is up 5.05%. Of the 30 Dow Jones component companies 21 gained and 9 declined. The biggest gainer dollar-wise was Bank of America BAC $14.67 +0.38 2.66% 147,002,978 NYSE and percentage-wise was United Technologies UTX $83.66 +1.14 1.38% 3,501,000 NYSE. The biggest decliner dollar-wise was Pfizer PFE $19.04 -0.26 1.35% 40,635,335 NYSE and percentage-wise was McDonald's MCD $73.45 -0.60 0.81% 11,604,246 NYSE.
WSJ pC5 "Financials, earnings lift industrials 69.48" by Kristina Peterson says finl's led US stocks to multiyear highs as the market got a lift from a stream of deals, corp earnings & some relief that a degree of economic activity resumed in Egypt. Bank of America gained 38 cents, American Express climbed 1 & JPMorgan rose 91 cents.
Fin Times p24 "Oil services grops strike gains on Ensco deal for Pride Int'l" by Michael Stothard says US equities rose to fresh 30 monthhighs as a string of deal announcements lifted sentiment and sparked hopes tht more merger activity would follow.
NY Times pB8 "Takeover plans send markets higher" by AP & USA Today p4B "Earnings, deals keep stocks rising" by David Randall say sev say several big acquisitions & a strong earnings report from Loews pushde stocks higher on Mon. Pride Int'l will buy Ensco for $7.3 bil and Backman Coulter will be bought by Danaher Corp for $5.8 bil.
Monday's Dow Jones Industrial Average closing numerator was 1,606.91 up 9.18 from Friday's closing numerator of 1,597.73. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator increase for today by the divisor (0.132129493) you get the increase in today's Dow. A $1 change in the price of any DJIA stock = a 7.57 change in the average.
The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was $53.56 up $0.30 from Friday's Dow Jones Industrial Average average closing price of $53.26. The median closing price of Monday's Dow Jones Industrial Average was $46.82(HPQ/JPM) up 0.81 from Friday's median closing price of $46.01. The lowest volume was 3M MMM $88.79 +0.50 0.57% 2,616,662 NYSE and the highest volume was again Bank of America BAC $14.67 +0.38 2.66% 147,002,978 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 made $918 ($160,691 - $159,773).
MarketWatch Monday 2/7/11 4:24 by Kristina Peterson says financials led U.S. stocks to fresh multi-year highs on Monday as the market got a lift from a stream of deals, corporate earnings and some relief that a degree of economic activity resumed in Egypt. The Dow Jones Industrial Average closed up 69.48 points, or 0.57%, to 12161.63, its highest close since June 16, 2008. The Nasdaq Composite advanced 14.69, or 0.53%, to 2783.99, its highest finish since Nov. 6, 2007. The Standard & Poor's 500-stock index rose 8.18, or 0.62%, to 1319.05, buoyed by its financial sector. It was the S&P 500's highest close since June 25, 2008. Boosting financials, Loews gained 4.5% after the conglomerate's fourth-quarter profit rose, as its CNA Financial insurance unit's earnings surged and it reinstated its quarterly dividend. Fellow insurer American International Group gained 5.5%. Among Dow financial components, Bank of America gained 2.7%, while American Express climbed 2.3% and J.P. Morgan Chase rose 2%. "To see CNA Financial doing much better and reinstating their dividend builds on this sense that the financials are making their way through a tumultuous period and, much like Egypt, making their way into a period of a little more normalcy," said Tom Villalta, lead portfolio manager at the Jones/Villalta Opportunity Fund. Credit-card issuers also rose after a Monday afternoon reading of credit-card usage tracked by the Federal Reserve showed a surprise rise in December, as Americans increased credit use for the first time since 2008. Visa rose 1.4%, while MasterCard added 1.1%. Meanwhile, anxiety over the turmoil in Egypt eased slightly after opposition parties met with the government over the weekend and banks opened for the first time in more than a week. A burst of deal activity also lifted the market. "Deals are a really important underpinning to this market," said Randy Bateman, chief investment officer of Huntington Funds. In addition to acquisitions, companies flush with cash are instituting "a lot of stock buybacks and dividend statements," he said. "Those are strong things we really haven't seen in the past few years." Biomedical-testing company Beckman Coulter jumped 10% after diversified manufacturing and technology company Danaher said it would pay $5.87 billion for Beckman, or $83.50 a share. Danaher rose 2.2%. Pride International surged nearly 16% after U.K.-based Ensco said it would buy the company in a cash-and-stock deal that values Pride International at a premium of 21% over its closing price Friday. U.S.-listed shares of Ensco, which said the deal will make it the second-largest offshore driller in the world, fell 4.2%. Chesapeake Energy rose 4% after the firm said it would sell its Fayetteville shale assets and equity stakes in Frac Tech Holdings and Chaparral Energy for about $5 billion. Berkshire Hathaway said it plans to buy the rest of the remaining 19.9% of Wesco Financial shares it doesn't already own, sending Berkshire class B shares up 1.1%. Wesco Financial gained 1.8%. AOL slid 3.4% after the Internet company disclosed plans to acquire privately held online news website Huffington Post for $315 million. Among companies reporting earnings, managed-care company Humana dropped 3% after its fourth-quarter earnings fell amid increased expenses, including acquisition-related costs, and rising medical-claims costs. For the year, the company raised its per-share earnings and forecast revenue above analysts' estimates, but forecast earnings for the current quarter slightly below Street projections. Sysco, a large food-service distributor in the U.S., tumbled 6.2% after its earnings fell short of analysts' forecasts, as the company continues to face higher food, fuel and overhead costs. American Apparel rose 4.5% after appointing former Old Navy Chief Financial Officer John J. Luttrell to serve as the apparel maker and retailer's chief financial officer. The U.S. dollar weakened slightly against the euro, but strengthened against the yen. Demand for Treasurys declined, lifting the yield on the 10-year note to 3.65%. Crude-oil prices fell 1.7% to settle below $88 a barrel, while gold futures also settled lower.
Monday's Closing Dow Numbers and Tuesday's News:
AT&T T $27.96 -0.01 0.04% 31,760,491 NYSE: WSJ pB7 "Antenna redesigned for Verizon iPHone 4" by Andrew Morse says the iPHone will have a newly designed version of the antenna that was associated with dropped calls on the original device. The iPhone had a 3 1/2 year exclusive run with AT&T in the US until 2/3. The device can be bought at Best Buy and WalMart as well as VZ and Apple stores.
Alcoa AA $17.32 +0.18 1.05% 26,103,672 NYSE: No mentions found.
American Expess AXP $44.82 +1 2.28% 9,248,626 NYSE: WSJ pC5 "Financials, earnings lift industrials 69.48" by Kristina Peterson says finl's led US stocks to multiyear highs as the market got a lift from a stream of deals, corp earnings & some relief that a degree of economic activity resumed in Egypt. Bank of America gained 38 cents, American Express climbed 1 & JPMorgan rose 91 cents.
Bank of America BAC $14.67 +0.38 2.66% 147,002,978 NYSE: Fin Times p2 "US plans curbs on bank bonuses" by Tom Braithwaite, WSJ pC1 "Banks reach out to small firms" by Ruth Simon sas Bank of America, JPMorgan and other banks are tring to ignite a rebound in small biz lending.
WSJ pC5 "Financials, earnings lift industrials 69.48" by Kristina Peterson says finl's led US stocks to multiyear highs as the market got a lift from a stream of deals, corp earnings & some relief that a degree of economic activity resumed in Egypt. Bank of America gained 38 cents, American Express climbed 1 & JPMorgan rose 91 cents.
Boeing BA $71.93 +0.55 0.77% 4,147,524 NYSE: WSJ pA7 "Drone will call aircraft carries home" by Nathan Hodge says in '07 Northrop won a $636 mil award from the Navy to produce 2 unmanned aircraft that could operate from an aircraft from an aircraft carrier beating out Boeing which has continued to fund a stealthy, fighter sized drone called the Phantom Ray at its own expense. The US now says it has successfully tested the first flight of the X-47B by Northrop.
WSJ pB3 "Alliant, EADS unit set sights on rocket venture" by Andy Pasztor says these 2 frimm will develop a 300 foot rocked, the Liberty, that will be a game changer for the US gov's space ambitions and increases pressure on Boeing and other rivals all vying for contracts to transport people and cargo to the Int'l Space Station.
WSJ pC3 "Big banks confront new bonus onus" by Vicgtoria McGrane says the FDIC approved a draft rule that would require big banks such as Bank of America and JPorgan to hold on to at least half of top exec's bonuses for three years or longer.
Caterpillar CAT $100.47 +0.88 0.88% 5,674,612 NYSE: No mentions found.
Chevron CVX $97.66 +0.55 0.57% 7,764,730 NYSE: No mentions found.
CSCO $22.03 -0.02 0.09% 52,268,443 NASDAQ-GS: No mentions found.
Coke KO $62.52 -0.04 0.06% 5,964,879 NYSE: No mentions found.
Disney DIS $40.94 +0.23 0.56% 7,193,772 NYSE: No mentions found.
DuPont DD $53.33 +0.80 1.52% 8,635,080 NYSE: No mentions found.
Exxon XOM $83.93 +0.65 0.78% 15,118,682 NYSE: No mentions found.
GE $20.87 +0.31 1.51% 45,090,174 NYSE: No mentions found.
Hewlett-Packard HPQ $48.14 +0.71 1.5% 17,306,055 NYSE: WSJ pB6 "New HP desktops acts sort of like a tablet" by Roger Clheng says Hewlett-Packard's new PC, is an all in one that combines the monitor with the guts like a flat panel TV looks like a laptop. It runs on Microsoft's Windows 7 operating system.
Home Depot HD $36.6 -0.20 0.54% 6,981,735 NYSE: No mentions found.
Intel INTC $21.69 +0.01 0.05% 43,524,848 NASDAQ-GS: WSJ pB4 "Firm to resume shipments of flawed chip sets" by Shra Tibken says Intel will resume shipments of a chip set with design issues but only for the computers that aren't impacted by the flaws at the request of some computer makers.
IBM $164.82 +0.82 0.5% 4,699,244 NYSE: No mentions found.
JPMorgan JPM $45.5 +0.91 2.04% 36,228,410 NYSE: WSJ pC1 "JPMorgan will accept gold as type of collateral" by Carolyn Cui says JPM will allow clients to use collateral to borrow money for short periods. Banks only accept Treasury bonds and stocks, usually.
WSJ pC1 "Banks reach out to small firms" by Ruth Simon says Bank of America, JPMorgan and other banks are tring to ignite a rebound in small biz lending.
WSJ pC3 "Big anks confront new bonus onus" by Vicgtoria McGrane says the FDIC approved a draft rule that would require big banks such as Bank of America and JPorgan to hold on to at least half of top exec's bonuses for three years or longer.
WSJ pC5 "Financials, earnings lift industrials 69.48" by Kristina Peterson says finl's led US stocks to multiyear highs as the market got a lift from a stream of deals, corp earnings & some relief that a degree of economic activity resumed in Egypt. Bank of America gained 38 cents, American Express climbed 1 & JPMorgan rose 91 cents.
Fin Times p2 "Obama urges execs to share perks" by Tom Braithwaie says Obama's chief of staff was a JPMorgan exec.
Daily Rpt p6 "Wall St will find it hard to earn jurors' sympathy" by AnnWoolner says the claims against Bank of America's Merrill Lynch and JPMorgan that they should have stopped Madoff will make it difficult for the defendants to defend themselves against unsympathetic jurors.
Johnson & Johnson JNJ $60.87 +0.03 0.05% 8,169,398 NYSE: WSJ pC5 WSJ pC5 is Johnson & Johnson's tombstone notice of its offer to buy the shares and ADRs fo Crucell N.V.
Kraft KFT $30.87 -0.32 1.03% 10,174,067 NYSE: No mentions found.
McDonald's MCD $73.45 -0.60 0.81% 11,604,246 NYSE: No mentions found.
Merck MRK $33 +0.11 0.33% 14,446,623 NYSE: No mentions found.
Microsoft MSFT $28.1975 +0.4275 1.54% 68,877,961 NASDAQ-GS: WSJ pB6 "New HP desktops acts sort of like a tablet" by Roger Clheng says Hewlett-Packard's new PC, an all in one that combines the monitor with the guts like a flat panel TV looks like a laptop. It runs on Microsoft's Windows 7 operating system.
Pfizer PFE $19.04 -0.26 1.35% 40,635,335 NYSE: No mentions found.
Procter & Gamble PG $64.55 +0.94 1.48% 12,803,411 NYSE: No mentions found.
3M MMM $88.79 +0.50 0.57% 2,616,662 NYSE: No mentions found.
Travelers TRV $57.18 -0.23 0.4% 3,781,637 NYSE: No mentions found.
United Technologies UTX $83.66 +1.14 1.38% 3,501,000 NYSE: No mentions found.
Verizon VZ $36.02 -0.29 0.8% 13,788,207 DualListed: WSJ pB7 "Antenna redesigned for Verizon iPHone 4" by Andrew Morse says the iPHone will have a newly designed version of the antenna that was associated with dropped calls on the original device. The iPhone had a 3 1/2 year exclusive run with AT&T in the US until 2/3. The device can be bought at Best Buy and WalMart as well as VZ and Apple stores.
WalMart WMT $56.07 +0.04 0.07% 6,701,125 NYSE: WSJ pB7 "Antenna redesigned for Verizon iPHone 4" by Andrew Morse says the iPHone will have a newly designed version of the antenna that was associated with dropped calls on the original device. The iPhone had a 3 1/2 year exclusive run with AT&T in the US until 2/3. The device can be bought at Best Buy and WalMart as well as VZ and Apple stores.
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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 (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 1/10/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $378.5 [5]
2. Microsoft MSFT 241 [8.5]
3. GE 198 [10.5]
4. WalMart WMT 191.5 [3.5]
5. IBM 183.5 [1]
6. Procter & Gamble PG 182.5 [3]
7. Chevron CVX 182 [2]
8. Johnson & Johnson JNJ 171 [3]
9. JPMorgan Chase JPM 169.5 [4]
10. AT&T T 167.5 [6]
11. Coke KO 146 [2.5]
12. Pfizer PFE 146 [8]
13. Bank of America BAC 145 [10]
14. Intel INTC 115.5 [5.5]
15. Cisco CSCO 115.5 [5.5]
16. Merck MRK 115 [3]
17. Verizon VZ 107 [3]
18. Hewlett-Packard HPQ 98 [2]
19. McDonald's MCD 78 [1]
20. Disney DIS 74.5 [2]
21. United Technologies UTX 72.5 [1]
22. 3M MMM 62 [.5]
23. Caterpillar CAT 59.5 [.5]
24. Home Depot 56.5 [1.5]
25. Kraft KFT 54.5 [2]
26. American Express AXP 53.5 [1]
27. Boeing BA 51 [1]
28. DuPont DD 44.5 [1]
29. Travelers 24.5 [.5]
30. Alcoa AA 17 [1]
Here are the latest 8K, 10Q & 10K SEC filings as of 1/10/11:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
AT&T T: 12/21/11 8K re: borrowing up to $8 bil
12/20/11 8K re: purchase of spectrum licenses from Walcomm
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: 12/16/11 8K re acquisition of Loyalty Partner, a marketing firm active in Germany, Poland & India
12/15/11 8K re; delinquency & write-off statistics through 10/31/10
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: 1/3/11 8K re: Agreement with Freddie Mac & Fannie Mae to repurchase $3 bil of loan to settle Countrywide dispute
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: 12/16/10 8K re: Nov. dealer statistics
12/14/10 8K re: changes to By-laws re: holding of Board meetings
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 12/17/10 8K re: pre-arranged exec stock trading plan
11/23/10 10Q for quarter ending 10/30/10
Coke KO 12/15/10 8K re: expiration of tender offer for notes
12/15 & 12/9/10 8Ks re: election of Howard G. Buffett to Board of Directors & Public Issue & Diversity Relations Committees
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 12/14/10 8K re: issuance of $5 bil of Noes
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: 12/16/10 8K re: departure of Director Sir William M. Castell
11/3/10 10Q re 9/30/10 results
Hewlett-Packard HPQ: 12/15/10 10K
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 Apotheker 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: 1/4/11 8K re: amendment of By-laws to decrease directors to 12
12/8/10 8K re: underwriting agreement re: debt
12/6/10 8K re: resignation of Cathleen Black from Board of Directors
10/26/10 10Q for period ending 9/30/10
JPMorganChase JPM: 12/13/10 8K re: termination of Replacement capital Covenants
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: 12/28/10 8K re: expiration & results of tender offer for notes
12/22/10 8K re: adoption of long term exec comp. program
212/13/10 28Ks re: status of tender offerfor notes
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: 12/20/10 8K re: departure and settlement re: Denis Hennequin as Pres. of MCD Europe
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% notes due '16
11/30/10 8K re: election of Kenneth C. Frazier a CEO with Richard T. Clark staying 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: 12/17/10 8K re: proposed settlement of shareholder derivative lawsuit in US Dist. Ct. SDNY
12/16/10 8K re: election of George A. Lorch as non-Exec Chair
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: 12/14/10 8K re: election of Susan Desmond-Hellmann, 53, Chancellor of U of Cal. SF to Board
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: 12/29/10 8K re: updated fin'l info re: divestiture of properties as a result of acquisition of Alltel Corp. in Jan '09
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