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Post No. 1,379 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, and a ranking of the Dow 30 components by market capitalization and Dow 30 components' SEC filings in each case as of December 1, 2011.
The Dow Jones Industrial Average closed Monday at 11,766.26 down 100.13 or 0.84% from Friday's close of 11,866.39. Of the 30 Dow components 3 gained and 27 declined. The biggest gainer dollar-wise and percentage-wise was Merck MRK $36.47 +0.22 0.61% 16,500,302 NYSE. The biggest decliner dollar-wise and percentage-wise was Chevron CVX $99.72 -1.14 1.13% 5,976,311 NYSE.
As of the open of the market Monday, the current divisor for the Dow Jones Industrial Average found at page C4 of Monday's Wall St. Journal is 0.132129493. Monday's trailing P/E ratio is 12.84 unchanged from Friday's trailing P/E ratio of 12.84 (year ago it was 14.65); Monday's P/E estimate is 12.20 down from Friday's P/E estimate of 12.33 (year ago it was 13.43), and Monday's dividend yield is 2.68 unchanged from Friday's dividend yield of 2.69 (last year it was 2.50). 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 1,554.67 down 13.23
from Friday's closing numerator of 1,567.90. 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 7.57 change in the average.
The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was $51.82 down 0.44 from Friday's average closing price of $52.26. The median closing price of Monday's Dow Jones Industrial Average was $41.72 (DD/HD) down $0.48 from Friday's median closing price of $42.20. The lowest volume was Travelers TRV $56.71 -0.57 1% 4,020,538 NYSE and the highest volume again was Bank of America BAC $4.985 -0.215 4.13% 343,393,704 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 $1,323 ($156,790 - $155,467).
MarketWatch Monday 12/19/11 5:44 pm by Laura Mandaro says US stocks closed about 1% lower Monday, deepening losses as separate comments from the head of the European Central Bank and the region’s finance ministers lacked the heft or details deemed necessary to curtail the region’s debt crisis. The Dow Jones Industrial Average DJIA -0.84% ended down 100.13 points, or 0.8%, at 11,766.26. A 4.1% drop in Bank of America Corp. BAC +0.50% shares to under $5 led declines for all but three of the index’s 30 components. Stocks turned lower midmorning after ECB President Mario Draghi undercut hopes that the central bank would be more aggressive in helping struggling countries by expanding its bond purchases, noting its governing treaty “forbids monetary financing.” The comments “put more nails in the proverbial coffin of having the European Central Bank step in as the lender of last resort,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott. That’s disappointing to investors who view ECB purchases of debt issued by European countries nearly squeezed out of the bond market as an important tool in ending the sovereign-debt crisis. “That’s one solution seemingly removed,” noted Luschini.
Losses doubled in the last hour of trading after a statement from European Union finance ministers, who met by telephone, said euro-currency members had agreed on providing additional bailout funding via the International Monetary Fund.
But the added resources -- 150 billion euros, or $196 billion -- fell short of the 200 billion euros proposed at the Dec. 9 EU leaders’ summit. “Investors wanted a larger amount,” said Andrew Wilkinson, chief economic strategist at Miller Tabak & Co. Also the statement lacked a firm statement of contribution from some EU nations outside the currency bloc, including the United Kingdom, a financial heavyweight. Read MarketWatch First Take on the U.K.'s balking at IMF loans. Bank stocks were hit particularly hard, also weighed by a report in The Wall Street Journal saying the Federal Reserve is expected to embrace a new global framework that requires giant financial institutions to hold extra capital, a defeat for giant U.S. banks. Read more on big-bank capital rules and also more on Fed’s expected moves at WSJ.com. The S&P 500 financial subsector, down more than 2%, led losses for all 10 S&P 500 industry groups. The Nasdaq Composite Index COMP -1.26% dropped 32.19 points, or 1.3%, to 2,523.14. Wall Street‘s benchmark indexes lost more than 2% lower last week, as investors characterized the most recent European Union summit — the highly anticipated Dec. 9 event that resulted in an agreement to forge a tighter fiscal union — as doing too little to help debt-burdened euro-zone members in the short term. On Friday, early gains evaporated after Fitch Ratings cut France’s outlook to negative and warned of possible downgrades for six European countries. “The U.S. stock market remains highly correlated with the direction of European news flow,” said Fred Dickson, chief investment strategist at Davidson Cos.
Europe markets shed the bulk of gains after the Draghi speech, with Stoxx Europe 600 index XX:SXXP +0.02% closing up 0.04 point at 233.75. In France, the CAC 40 index FR:PX1 +0.06% added 1.9 point at 2,974.20. Asia markets slumped Monday after reports of the death of North Korea’s Kim Jong-il. The region is likely to see increased focus in coming days and weeks amid concerns about stability in the country and region. Within commodities, futures for January crude CL2F +0.59% veered between minor gains and losses, rising 35 cents to close up to $93.88 a barrel. February gold GC2G -0.12% ended down $1.20 at $1,596.70 an ounce. The dollar rose against most major currencies, adding to gains after the EU statement. The dollar index DXY +0.29% , which measures the dollar against a basket of six currencies, rose to 80.372, up fractionally from 80.216 late Friday.
Monday's Closing Dow Numbers:
Symbol Last Sale Change % Change Share Volume Market
AT&T T $28.74 -0.11 0.38% 18,935,676 NYSE
Alcoa AA $8.53 -0.28 3.18% 25,676,652 NYSE
American Express AXP $46.04 -0.84 1.79% 5,270,821 NYSE
Bank of America BAC $4.985 -0.215 4.13% 343,393,704 NYSE
Boeing BA $70.16 -0.85 1.2% 3,571,446 NYSE
Caterpillar CAT $87.25 +0.05 0.06% 7,918,294 NYSE
Chevron CVX $99.72 -1.14 1.13% 5,976,311 NYSE
CSCO $17.69 -0.25 1.39% 39,672,591 NASDAQ-GS
Coke KO $67.37 -0.07 0.1% 5,880,777 NYSE
Disney DIS $34.75 -0.57 1.61% 11,433,001 NYSE
DuPont DD $43.24 -0.74 1.68% 6,084,800 NYSE
Exxon XOM $79.53 -0.63 0.79% 16,041,857 NYSE
GE $16.86 -0.15 0.88% 66,188,617 NYSE
Hewlett-Packard HPQ $25.13 -0.71 2.75% 16,830,322 NYSE
Home Depot HD $40.2 -0.22 0.54% 8,901,526 NYSE
Intel INTC $23.095 -0.135 0.58% 42,234,694 NASDAQ-GS
IBM $182.89 -0.68 0.37% 5,038,746 NYSE
JPMorgan JPM $30.7 -1.19 3.73% 47,186,138 NYSE
Johnson & Johnson JNJ $63.53 -0.77 1.2% 8,974,704 NYSE
Kraft KFT $36.22 -0.27 0.74% 7,417,997 NYSE
McDonald's MCD $97.24 -0.25 0.26% 5,154,498 NYSE
Merck MRK $36.47 +0.22 0.61% 16,500,302 NYSE
Microsoft MSFT $25.53 -0.47 1.81% 52,234,794 NASDAQ-GS
Pfizer PFE $21.14 +0.11 0.52% 42,539,149 NYSE
Procter & Gamble PG $64.95 -0.19 0.29% 7,716,028 NYSE
MMM $77.82 -1.05 1.33% 3,484,268 NYSE
Travelers TRV $56.71 -0.57 1% 4,020,538 NYSE
United Technologies UTX $71.75 -0.64 0.88% 4,295,359 NYSE
Verizon VZ $38.63 -0.15 0.39% 14,474,948 DualListed
Walmart WMT $57.78 -0.49 0.84% 7,195,634 NYSE
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The following are excerpts from Monday morning's Blog.
A read of the print editions of Monday's Barron's, Investor's Daily, The Wall St. Journal, Financial Times, New York Times, Atlanta Journal Constitution & Daily Report (Ga. - carries 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 AverageThe Dow Jones Industrial Average closed Friday at 11,866.39 down 2.42 or 0.02% from Thursday's close of 11,868.81. For the week the Dow is down 317.87 points or 2.61% from last Friday's close of 12,184.26. For the year the is up 2.50%. Of the 30 Dow components 22 gained and 23 declined. The biggest gainer dollar-wise was Chevron CVX $100.86 +1.19 1.19% 12,444,034 NYSE and percentage-wise was Microsoft MSFT $26 +0.44 1.72% 87,077,599 NASDAQ-GS NYSE. The biggest decliner dollar-wise and percentage-wise was IBM $183.57 -3.91 2.09% 11,509,086 NYSE.
Inv. Bus. Daily pA1 "Stocks give back most of early advance" by Paul Whitfield says stocks finished low in the day's range Friday, giving up most of what had been ample gains. Volume rose sharply, But Friday was a quadruple witching session, which routinely boosts trade. The market remains in a correction, and any stock purchase remains risky. IBM was a a leader that was down in volume. Economic news was thin Friday as the Labor Dept released a mixed report on consumer prices. The data showed less inflation than expected, but the core rate had more of a pric pop than estimated. This wasn't the sort of news that fires up the Street. Some attributed the early stock gains to news that Washington would avoid a government shutdown.
Friday's Dow Jones Industrial Average closing numerator was 1,567.90 down 0.32 from Thursday's closing numerator of 1,568.22. 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 7.57 change in the average.
The average closing price (the closing numerator divided by 30) of Friday's Dow Jones Industrial Average was $52.26 down 0.01 from Thursday's average closing price of $52.27. The median closing price of Friday's Dow Jones Industrial Average was $42.20 (DD/HD) up $0.79 from Thursday's median closing price of $41.41. The lowest volume was 3M MMM $78.87 +0.01 0.01% 6,153,730 NYSE and the highest volume again was Bank of America BAC $5. -0.06 1.14% 222,242,907 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 $32 ($156,822 - $156,790).
MarketWatch Frisday 12/16/11 4:11 pm by Kate Gibson says US stocks on Friday finished with weekly losses after a rating agency warning on Europe pulled the plug on what began as an upbeat session on a confidence vote in Italy. "Europe continues to dominate," said Michael Gibbs, director of equity strategy at Morgan Keegan. The Dow Jones Industrial Average DJIA -0.02% fell 2.42 points, or less than 0.1%, to 11,866.39, leaving it down 2.6% from last Friday's close. The S&P 500 SPX +0.32% added 3.89 points, or 0.3%, to 1,219.65. The Nasdaq Composite COMP +0.56% climbed 14.32 points, or 0.6%, to 2,555.33.
Friday's Closing Dow Numbers and Monday's News:
Symbol Last Sale Change % Change Share Volume Market
AT&T T $28.85 +0.06 0.21% 39,008,566 NYSE: WSJ pB1 "AT&T taks go cold" by Anupreeta Das, Gina Chon & Anton Troianovski says talks on asset sales intended to help AT&T win approval for its deal to buy T-Mobile USA have gone cod, the strongest sign yet that AT&T may abandon the $39 bil deal.
American Express AXP $46.88 +0.46 0.99% 11,322,322 NYSE: No mentions found.
Alcoa AA $8.81 +0.03 0.34% 40,379,509 NYSE: No mentions found.
Bank of America BAC $5.2 -0.06 1.14% 222,242,907 NYSE: WSJ pC1 "Lenderss losing battle of Basel" by Victoria McGrane says the Fed Reserve's decision to accept the rules for banks laid out by regulators in Basel, Switzerland that could come before Christmas is a defeat for giant US banks that argued the guidelines needn't be so strict. IN a chart JPMorgan, Bank of America and GE are listed as probably getting more scrutiny by regulators.
Barron's p14 "Week Review" says Fitch Ratings cut its credit ratings on Bank of America, Goldman Sachs and Citigroup due to concerns about the global economy.
Inv. Bus. Daily pA1 "BofA boosts capital cushion" says BofA, the 2nd largest US bank by assets, completed an exchange of stock and notes for preferred shares, increasing its Tier 1 common capital by $3.9 bil as it is under pressure to boost its capital to absorb mortgage related losses and meet new int'l standards.
Boeing BA $71.01 +0.40 0.57% 8,643,403 NYSE: Inv. Bus. Daily pA4 "Interior decorator for jets flying high as airlines place orders" by Kevin Harlin says Boeing and Airbus engineers leave the cushy, reclining first class seats, LED cabin lighting, kitchens and other inside features of their planes such as the new generation 737s to BE Aerospace, the globe's top supplier of commercial aircraft interiors.
Caterpillar CAT $87.2 -0.50 0.57% 11,123,714 NYSE: No mentions found.
Chevron CVX $100.86 +1.19 1.19% 12,444,034 NYSE: No mentions found.
Cisco CSCO $17.94 -0.10 0.55% 80,189,182 NASDAQ-GS: WSJ pB4 "Firms bid on Nao cyberwar" by Dan Michaels says NATO today will collect bids to update and expand its cybersecurity abilities. IBM and Cisco Systems may bid.
Coke KO $67.44 +0.55 0.82% 11,333,981 NYSE: No mentions found.
Disney DIS $35.32 +0.13 0.37% 17,463,101 NYSE: Inv. Bus. Daily pA5 "EA aiming at Zynga; activision holds off" by Patrick Seitz says video game makers face tricky task of energizing their products as Zynga and casual online social games are becoming the hottest things in gaming resulting in traditional console video game makers looking to get a share of the fast growing market. Big players in the emerging online social games market include privately held Crowdstar and Wooga and Playdom, a unit of Disney The fast growing, lucrative social games market threatens to draw away gamers from consoles like Microsoft's Xbox 360, Sony's Playstation 3 & Nintendo's Wii.
DuPont DD $43.98 +0.28 0.64% 8,942,316 NYSE: No mentions found.
Exxon XOM $80.16 +0.13 0.16% 27,094,575 NYSE: Barrn's p34 "CEO Spotlight Sam Palmisano" by Leslie P. Norton says CEO Palmisano will retire at the end of this year because he reached the mandatory retirement age of 60. Article says IBM has done fantastically under Palmisano the past 10 years in all respects. He also serves on the Exxon Board. Hewlett-Packard imitated IBM's move into consulting and services and last week GE made gestures in that direction.
GE $17.01 +0.22 1.31% 91,875,769 NYSE: WSJ pB4 "Siemens expands US push with hiring of McChrystal" by Vanessa Furhmans says German engineering giant Siemens appointed former US Gen. Stanley McChrystal to help it get more work from the US gov and will be a more serious challenger on the home turf of its top rival, GE.
WSJ pC1 "Lenderss losing battle of Basel" by Victoria McGrane says the Fed Reserve's decision to accept the rules for banks laid out by regulators in Basel, Switzerland that could come before Christmas is a defeat for giant US banks that argued the guidelines needn't be so strict. IN a chart JPMorgan, Bank of America and GE are listed as probably getting more scrutiny by regulators.
Barrn's p34 "CEO Spotlight Sam Palmisano" by Leslie P. Norton says CEO Palmisano will retire at the end of this year because he reached the mandatory retirement age of 60. Article says IBM has done fantastically under Palmisano the past 10 years in all respects. He also serves on the Exxon Board. Hewlett-Packard imitated IBM's move into consulting and services and last week GE made gestures in that direction.
Hewlett-Packard HPQ $25.84 -0.32 1.22% 29,315,690 NYSE: Barrn's p34 "CEO Spotlight Sam Palmisano" by Leslie P. Norton says CEO Palmisano will retire at the end of this year because he reached the mandatory retirement age of 60. Article says IBM has done fantastically under Palmisano the past 10 years in all respects. He also serves on the Exxon Board. Hewlett-Packard imitated IBM's move into consulting and services and last week GE made gestures in that direction.
Home Depot HD $40.42 +1 2.54% 18,483,957 NYSE: No mentions found.
Intel INTC $23.23 -0.08 0.34% 82,673,574 NASDAQ-GS: No mentions found.
IBM $183.57 -3.91 2.09% 11,509,086 NYSE: WSJ pB4 "Firms bid on Nao cyberwar" by Dan Michaels says NATO today will collect bids to update and expand its cybersecurity abilities. IBM and Cisco Systems may bid.
Barron's p34 "CEO Spotlight Sam Palmisano" by Leslie P. Norton says CEO Palmisano will retire at the end of this year because he reached the mandatory retirement age of 60. Article says IBM has done fantastically under Palmisano the past 10 years in all respects. He also serves on the Exxon Board. Hewlett-Packard imitated IBM's move into consulting and services and last week GE made gestures in that direction.
Inv. Bus. Daily pA1 "Stocks give back most of early advance" by Paul Whitfield says stocks finished low in the day's range Friday, giving up most of what had been ample gains. Volume rose sharply, But Friday was a quadruple witching session, which routinely boosts trade. The market remains in a correction, and any stock purchase remains risky. IBM was a a leader that was down in volume. Economic news was thin Friday as the Labor Dept released a mixed report on consumer prices. The data showed less inflation than expected, but the core rate had more of a pric pop than estimated. This wasn't the sort of news that fires up the Street. Some attributed the early stock gains to news that Washington would avoid a government shutdown.
JPMorgan JPM $31.89 +0.13 0.41% 50,106,736 NYSE: WSJ pC1 "Lenderss losing battle of Basel" by Victoria McGrane says the Fed Reserve's decision to accept the rules for banks laid out by regulators in Basel, Switzerland that could come before Christmas is a defeat for giant US banks that argued the guidelines needn't be so strict. IN a chart JPMorgan, Bank of America and GE are listed as probably getting more scrutiny by regulators.
Johnson & Johnson JNJ $64.3 +.30 0.47% 16,748,560 NYSE: WSJ pc1 "Dividend stocks become the heroes" by Jonathan Cheng says shares often deried as for widows & orphans are outdoing their lower-yielding cousins. McDonald's stock price has surged 27% in the past year, the best on the Dow. Johnson & Johnson is given as another example.
Kraft KFT $36.49 +0.03 0.08% 13,145,034 NYSE: No mentions found.
McDonald's MCD $97.49 -0.65 0.66% 8,596,839 NYSE: WSJ pc1 "Dividend stocks become the heroes" by Jonathan Cheng says shares often deried as for widows & orphans are outdoing their lower-yielding cousins. McDonald's stock price has surged 27% in the past year, the best on the Dow. Johnson & Johnson is given as another example.
Barron's p27 "Buckle up!" by Vito J. Racanelli says Adam Parker of Morgan Stanley recommends shares of firms with strong balance sheets, recurring rev and relatively high dividend yields and a basket of such would include McDonald's, Microsoft, Costco and Philip Morris.
Merck MRK $36.25 -0.11 0.3% 25,625,273 NYSE: No mentions found.
Microsoft MSFT $26 +0.44 1.72% 87,077,599 NASDAQ-GS: Barron's p27 "Buckle up!" by Vito J. Racanelli says Adam Parker of Morgan Stanley recommends shares of firms with strong balance sheets, recurring rev and relatively high dividend yields and a basket of such would include McDonald's, Microsoft, Costco and Philip Morris.
Pfizer PFE $21.03 -0.11 0.52% 65,953,841 NYSE: Barron's p44 "Pro-Active Pfizer" by Shriley A. Lazo says Pfizer prepared for many years the expiration of its US patent protection on Lipitor which happened on 11/30. One of them aimed at bolstering shareholders' confidence was the sweetening on Monday of its dividend for the 3rd year in a row and the enhancement of its stock-buyback authorization.
Procter & Gamble PG $65.14 +0.15 0.23% 16,373,314 NYSE: No mentions found.
3M MMM $78.87 +0.01 0.01% 6,153,730 NYSE: No mentions found.
Travelers TRV $57.28 +0.47 0.83% 7,087,108 NYSE: No mentions found.
United Technologies UTX $72.39 -1.14 1.55% 11,526,421 NYSE: No mentions found.
Verizon VZ $38.78 +0.36 0.94% 18,242,547 Dual Listed: Barron's p22 "Coinstar: Still money in the bank" by Andrew Bary says there was talk recently of an alliance between Redbox and Verizon Communication as well as Verizon and Netflix but the alliance with Netflix seems to have fizzled.
Inv. Bud. Daily pA2 "Verizon boosts wireless assets" says Verizon Communications' subsidiary Verizon wireless will buy airwave licenses from Cox Communications cable company for $315 mil. Comcast, time Warner Cable & Bright House Networks recently signed marketing agreements with Verizon and earlier this month, Verizon signed a deal with leap Wireless to buy its Advance Wireless Services spectrum in the US for $188 mil.
Walmart WMT $58.27 +0.32 0.55% 13,369,206 NYSE: No mentions found.
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Here are the current CEOs of the Dow 30 Companies:
AT&T T Randall L. Stephenson (Dallas, TX)
Alcoa AA Klaus Kleinfeld (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. (Chicago, 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 Meg Whitman (Palo, Alto, CA)
Home Depot HD Frank Blake (Atlanta, GA)
Intel INTC Paul S. Otellini (Santa Clara, CA)
IBM Virginia M. Rometty (replaces Samuel J. Palmisano 1/1/12) (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 Lowell McAdam (NY, NY) Lowell C. McAdam
Wal-Mart WMT Mike Duke (Bentonville, ARK)
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Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest 1/2 billion as of 12/1/11 followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $302.5 [5]
2. IBM 223 [1]
3. Microsoft MSFT 212 [8.5]
4. Chevron CVX 203 [2]
5. WalMart WMT 202 [3.5]
6. Procter & Gamble PG 176.5 [3]
7. Johnson & Johnson JNJ 176 [3]
8. AT&T T 171 [6]
9. GE 168 [10.5]
10. Pfizer PFE 154 [7.5]
11. Coke KO 152 [2.5]
12. Intel INTC 131 [5]
13. JPMorgan Chase JPM 116 [4]
14. Merck MRK 109 [3]
15. Verizon VZ 107 [3]
16. Cisco CSCO 102 [5.5]
17. McDonald's MCD 98 [1]
18. United Technologies UTX 69.5 [1]
19. Disney DIS 64.5 [2]
20. Kraft KFT 64.5 [2]
21. Caterpillar CAT 62.5 [.5]
22. Home Depot HD 60.5 [1.5]
23. Bank of America BAC 56 [10]
24. 3M MMM 56 [.5]
25. Hewlett-Packard HPQ 56 [2]
26. American Express AXP 55.5 [1]
27. Boeing BA 53 [1]
28. DuPont DD 43.5 [1]
29. Travelers TRV 23 [.5]
30. Alcoa AA 10.5 [1]
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 12/1/11:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
AT&T T: 11/28 8K re: redemption of subsidiary Cingular Wirelss' $2.97 bil debt
11/25/11 8K re: withdrawal from FCC of application to buy T-Mobile
11/7/11 10Q for qtr ended 9/30/11
10/27/11 8K re: redemption of 5.87% Notes due 2/1/12
10/20/11 2 8Ks re: 3Qtr results
9/8/11 8K re: redemption of certain notes
9/1/11 8K re: Dept. of Justice lawsuit to block AT&T acquisition of T-Mobile saying it will lessen competition & raise prices
Alcoa AA: 11/16/11 8K re: exec changes
10/20/11 10Q for Qtr ended 9/30/11
10/14/11 8K re: transcript of 3Qtr earnings call
10/12/11 8K re: 3Qtr results
American Express AXP: 11/15/11 8K re: delinq. & write-off stats for Aug, Sept & Oct
11/4/11 8K re: exec changes
11/2/11 10Q for Qtr ended 9/30/11
10/19/11 8K re: 3Qtr results
10/17/11 8K re: delinq & write-f stats for 3 months eded 9/30/11
9/15/11 & 9/14/11 8Ks re: delinquency & write-off stats for 3 months ended 8
Bank of Am BAC: 12/1/11 Proxy re: amendment of Dec. of Trust for Preferred HITs
11/17/11 8K re: exchange of preferred shares
11/2/11 10Q for Qtr ended 9/30/11
10/18/11 8K re: 3Qtr results
10/7/11 8K re: separation contracts with Sallie L. Krawcheck & Joe L. Price
9/7/11 8K re: exec changes including departure of Sallie Krawcheck
9/1/11 8K re: Amend Cert of Inc to designate Pref. Shares sold to Berkshire Hathaway for $5 bil
Boeing BA: 11/14/11 8K re: $2.3 bil revolving credit agrmt.
11/1/11 8K re: exec changes
10/26/11 10Q for Qtr ended 9/30/11
10/26/11 8K re: 3Qtr results
10/4/11 8K re: election of ex-Contintel CEO Larry Kellner as Director
9/30/11 8K & 8KA re: frequency of shareholder advisory votes
Caterpiller CAT: 11/18/11 8K re: past 3 monts dealer stats
11/4/11 10Q for Qtr ended 9/30
10/24/11 8K re: 3 month dealer stats
10/24/11 8K re: results for quarter ended 9/30/11
9/30/11 8K re: price increases
9/29/11 8K re: 3 month dealer stats
9/20/11 8KA 3 Mos dealer stats thru Aug
9/16/11 re: credit agreement
Chevron CVX: 11/3/11 10Q for Qtr ended 9/30/11
10/28/11 8K re: 3Qtr results
10/11 8K re: 3Qtr results
9/7/11 8K/A re: frequency of shareholder advisory votes
Cisco CSCO 11/22/11 10Q & 8K for Qtr ended 10/29
10/18/11 14A proxy (two) re: Annual Shareholder Meeting to be held 12/7/11 at Santa Clara, CA
9/20/11 8K re: contract with Exec VP Wim Elfrink
9/14/11 10K for year ended 7/30/11
Coke KO 11/10/11 Prospectus re: exchange of $1.6 bil of 2016 Notes
10/28/11 S-4 re: exchange of 3.3% Notes due '21 for 1.8% Notes due '16
10/27/11 10Q for Qtr ended 9/30/11
10/18/11 8K re: 3Qtr results
9/1/11 8K re: issuance of senior notes
Disney DIS 11/23/11 10K & 11/10/11 8K re: results for fiscal year ened 10/1/11
10/25/11 8K re: resignation of Director John E. Bryson to become U.S. Secretary of Commerce
10/7/11 8K re: extension of CEO Robert A. Iger's employment contract
DuPont DD: 11/22/11 8K : re: election of Lee M. Thomas as Director
10/25/11 10Q & 8K re: results for 3Qtr ended 9/30/11
ExxonMobil XOM: 11/29/11 8K re: exec changes
11/3/11 10Q for Qtr ended 9/30/11
10/27/11 8K re: 3Qtr results
GE: 11/8/11 10Q for Qtr ended 9/30/11
10/21/11 8K re: 3Qtr results
9/13/11 8K re: redemption of shares held by Berkshire Hathaway for $3.3 bil
Hewlett-Packard HPQ: 11/8/11 10Q & 11/21/11 8K re: results of year and Qtr ended 10/31/11
11/17/11 8K re: election of Ralph V. Whitworth to Board of Dirs
10/27/11 8K re: decision to keep PC unit
10/3/11 8K re: acceptance of offers to acquire Autonomy
9/29/11 8K re: separation contract with ex-CEO Leo Apotheker
9/28/11 8K re foreign antitrust approval of acquisition of Autonomy
9/22/11 8K re: replacement of CEO Leo Apotheker with Meg Whitman effective immediately
9/19/11 8KA & 8K re: issuance of flotaing global notes
9/13/11 8K re: purchase of Autonomy Corp.
9/9/11 10Q for quarter ended 7/31/11
Home Depot HD: 11/29/11 10Q & 11/15/11 8K re: results of Qtr ended 10/31/11
9/1/11 10Q for quarter ended 7/31/11
Intel INTC: 11/4/11 10Q for Qtr ended 10/1/11
10/19/11 & 10/18/11 8Ks re: Results for Qtr ended 10/1/11
9/19/11 & 9/14/11 8Ks re; offering of $5 bil of notes
IBM: 11/14/11 8K re: $10 bil Credit Agrmt
10/31/11 8K re: offering of $1.85 bil of debt
10/26/11 8K re: election of Virginia M. Rometty as CEO
10/25/11 8K re: election of David Farr, CEO of Emerson, to Bd.
10/25/11 10Q & 10/18/11 8K & 10/17/11 8K re: results for Qtr ended 9/30/11
JPMorganChase JPM: 11/8/11 8K re: election of James A. Bell as Dir.
11/4 28ks & 10Q re: Qtr ended 9/30/11
10/26/11 8K re: offering of $1.75 mil of 4.35% Notes due '21
10/13/11 8K re: 3Qtr results
9/30/11 8K re: reorganiz. of Retail Fin'l Services & Card Business segments
9/13/11 8K re: FD Disclosure re: guidance given at investor conference
Johnson & Johnson JNJ : 11/30/11 8K re: purchase of synthes & offer to hire its CEO
11/22/11 8K re: exec changes
11/8/11 10Q for Qtr ended 10/2
10/27/11 S-4 re: acquisition of Synthes
10/18/11 8K re: results for Qtr ended 10/2/11
Kraft KFT: 11/4/11 10Q & 11/2/11 8K re: Qtr ended 9/30/11
9/7/11 8K re: FD Disclosure re: presentation at investor conference
McDonald's MCD: 11/14/11 8K re: Investor Release re: Growth Plans
11/8/11 8K re: Oct sales
11/4/11 10Q for Qtr ended 9/30/11
10/21/11 8K re: results for 3Qtr ended 9/30/11
9/30/11 8K re: issuance of $500 mil med-term notes
9/26/11 8K re; declaration of quarterly cash dividend
9/12/11 8K re: August sales
Merck MRK: 12/1/11 8K re: election of CEO Ken Frazier to Bd & retirement of former CEO Richard Clark from Board
11/10/11 8K & 11/8/11 10Q re Investor Presentation re results for Qtr ended 9/30/11
10/28/11 8K re: results for 3Qtr
10/12/11 8K/A re: frequency of shareholder advisory votes on exec comp
Microsoft MSFT: 11/17/11 8K re: votings results from Annual Shareholder Meeting
10/20/11 10Q & 8K re: results for Qtr ended 9/30/11
10/18/11 & 10/4/11 & 10/3/11 14A Proxies re: Annual Meeting of Shareholders to be held 11/15/11 at Bellevue, Wash.
Pfizer PFE: 11/10/11 10Q & 11/1/11 8K for Qtr ended 10/2/11
Procter & Gamble PG: 11/3/11 8K re: Guidance
11/1/11 8K re: delay of sale of Pringles to Diamond Food
10/27/11 10Q & 8Ks (two) re: results of 3 Qtr ended 9/30/11
10/14/11 8K re: voting results of annual meeting of shareholders
10/11/11 *K re: quarterly dividend of 52.5 cents
10/11/11 CEO's Bob McDonald speech at annual shareholders meeting
10/6/11 8K re: political contribution policy
9/7/11 Def. 14A Proxy Material re: voting recommendations for directors
3M MMM: 11/3/11 10Q re Qtr ended 9/30/11
11/3/11 8K re: pre-arranged stock trading plan for an exec
10/25/11 8K re: results of 3Qtr
9/29/11 8K re: offer of $4 bil of notes
9/8/11 8K re: Distribution Agrmt with Goldman Sachs re: $3 bil of notes
Travelers TRV: 10/19/11 10Q & 8K re: results for Qtr ended 9/30/11
9/20/11 8K/A re: frequency of non-binding advisory shareholder votes
United Technologies UTX: 11/16/11 8K re: edemption of $500 mil of 6/1% Notes due 5/15/12
11/15/11 8K re: $15 bil Credit Agrmt
10/24/11 10Q & 10/19/11 8K re: results for Qtr ended 9/30/11
10/18/11 8K re: Pratt & Whitney & Rolls Royce partnership to develop next generation engines for mid-size aircraft
9/29/11 8K re: exec personnel changes
9/23/11 8K & Def. 14A Proxy Material re: acquisition of Goodrich
Verizon Communications Inc. VZ: 10/25/11 10Q & 10/21/11 8K re: results for Qtr ended 9/30/11
9/14/11 8K re: presentation to Merrill Lynch Media, Communication & Entertainment Conf.
WalMart WMT: 11/15/11 8K re: results for 3 & 9 months ended 10/31/11
9/29/11 8K re: adoption of Deferred Com Plan
9/27/11 8K re: retirement of Vice-Chair Eduardo Castro-Wright
9/1/11 10Q for quarter ended 7/31/11