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Post No. 1,589 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 as of April 15, 2012.
The Dow Jones Industrial Average closed Monday at 12,927.17 down 102.09 or 0.78% from Friday's close of 13,029.26. Of the 30 Dow components 27 gained and 3 declined. The biggest gainer dollar-wise and percentage-wise wa sExxon . The biggest decliner dollar-wise and percentage-wise was Walmart.
As of the open of the market on 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 14.55 up from Friday's trailing P/E ratio of 14.49 (year ago it was 14.70); Monday's P/E estimate is 12.32 down from Friday's P/E estimate of 12.55 (year ago it was 12.65) and Monday's dividend yield is 2.54 up from Friday's dividend yield of 2.53 (last year it was 2.35). 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 1,708.06 down 13.48 from Friday's closing numerator of 1,721.54. 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 thedecrease 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 $56.94 dpwm $0.44 from Friday's average closing price of $57.38. The median closing price of Friday's Dow Jones Industrial Average was $51.46 (DD/HD) down $0.60 from Friday's median closing price of $52.04. The lowest volume was 3M and the highest volume again was Bank of America.
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 $1,348 ($172,154 - $170,805.91 ).
MarketWatch Monday 4/23/12 4:59 pm by Kate Gibson says U.S. stocks went into widespread retreat Monday as investors reacted to political uncertainty in Europe and a report alleging that Wal-Mart paid bribes in Mexico. The combination of some weaker-than-expected U.S. economic reports and the lack of clarity over Europe’s ability to get a handle over its sovereign debt has led to increased volatility, she added. “The market is now wondering if Q1 was just a pull forward because of good weather,” according to Miletti, who cautioned against reading too much into a small window of indicators. The Dow Jones Industrial Average WMT -4.66% ended down 102.09 points, or 0.8%, at 12,927.17, with shares of Wal-Mart WMT -4.66% hardest hit among the index’s 30 components. All but three stocks closed lower. The discount retailer’s shares fell 4.7%, their worst day since August, after the New York Times reported that top executives at a subsidiary allegedly undertook a large-scale bribery campaign to construct stores across Mexico. “These fines could be up toward $1 billion when you look at the crimes they are being accused of,” said Art Hogan, head of product strategy at Lazard Capital Markets. The S&P 500 Index SPX -0.84% declined 11.59 points, or 0.8%, at 1,366.94, with consumer staples battered the most among the index’s 10 industry groups. All closed with losses; energy performed the best. Among the S&P’s top decliners, Kellogg Co. K -6.09% shares tumbled 6.1% after the cereal maker cut its 2012 forecast. SunTrust Banks Inc. STI +2.79% rallied 2.8%, making it the second-best S&P 500 performer, after the lender reported first-quarter profits that topped estimates. The Nasdaq Composite Index COMP -1.00% tumbled 30 points, or 1%, at 2,970.45. Apple Inc. AAPL -0.22% , which makes up about 12% of the index, ended down 0.2% after a choppy day that extended the stock’s recent bout of volatility. For every stock advancing more than three fell on the New York Stock Exchange, where about 784 million shares traded. NYSE-listed shares traded across all exchanges were near 3.6 billion. Nasdaq composite volume was more than 1.7 billion. After Tuesday’s closing bell, Apple is scheduled to report quarterly results.
“They haven’t had a disappointing earnings-reporting season in quite some time, and we doubt very much they are going to reverse that soon, unless of course something has structurally changed in the consumer-demand process,” said Hogan at Lazard Capital. French President Nicolas Sarkozy lost the first round of his re-election bid, with the politician facing an uphill battle in a May 6 runoff against François Hollande, the Socialist front-runner in Sunday’s balloting. Hollande has vowed to renegotiate a deficit-cutting agreement touted by German Chancellor Angela Merkel that has yet to be ratified.
Discord over planned austerity also prompted Dutch Prime Minister Mark Rutte to offer his cabinet’s resignation. French presidential elections could prove “disruptive to some of the work that both France and Germany and the entire EU have done to sort of stem the tide of the European sovereign-debt crisis,” commented Hogan. Oil prices fell 0.7%, with the futures contract for June deliveryCLM2 +0.06% off 77 cents at $103.11 a barrel on the New York Mercantile Exchange. Gold prices retreated 0.6%, with the futures contract for June deliveryGCM2 +0.37% losing $10.20 to settle at $1,632.60 an ounce on the Comex division of Nymex. The dollar gained versus other global currencies DXY +0.29% , including the euro EURUSD -0.0286% . Treasury prices rallied, with the benchmark 10-year note yield10_YEAR -0.21% falling to 1.9413%. “The still-loud calls for higher bond yields (and lower prices) have yet to actually happen, as the 10-year Treasury note remains around the 2% level, up slightly from year-end, but nowhere near the disaster that had been predicted,” wrote Paul Nolte, managing director at Dearborn Partners, in weekly commentary emailed Monday.
Monday's Closing Dow Numbers:
Symbol | Last Sale | Change | % Change | Share Volume | Market |
AT&T T | $30.61 | -0.25 | 27,323,461 | ||
Aloca AA | $9.63 | -0.07 | 21,440,248 | ||
American Express AXP | $57.32 | -0.13 | 6,168,161 | ||
Bank of America BAC | $8.18 | -0.18 | 255,335,648 | ||
Boeing BA | $72.86 | -0.69 | 5,022,083 | ||
Caterpillar CAT | $106.9 | -0.83 | 5,462,172 | ||
Chevron CVX | $102.44 | -0.08 | 5,590,278 | ||
Cisco CSCO | $19.68 | -0.23 | 27,404,862 | ||
Coke KO | $73.69 | -0.44 | 5,236,243 | ||
Disney DIS | $42.01 | -0.34 | 6,594,929 | ||
DuPont DD | $51.82 | -0.80 | 5,325,973 | ||
Exxon XOM | $85.69 | +0.39 | 15,197,126 | ||
$19.07 | -0.29 | 52,040,647 | |||
Hewlett-Packard HPQ | $24.27 | -0.24 | 16,795,684 | ||
Home Depot HD | $51.1 | -0.36 | 6,800,813 | ||
Intel INTC | $27.45 | -0.15 | 37,785,833 | ||
$198.62 | -0.98 | 3,618,828 | |||
$42.85 | +0.13 | 25,535,629 | |||
$63.37 | -0.34 | 10,121,222 | |||
Kraft KFT | $37.99 | -0.55 | 6,266,175 | ||
McDonald's MCD | $95.19 | -0.75 | 5,217,529 | ||
Merck MRK | $38.27 | -0.46 | 10,671,524 | ||
Microsoft MSFT | $32.12 | -0.30 | 61,388,145 | ||
Pfizer PFE | $22.38 | -0.18 | 24,570,846 | ||
Procter & Gamble PG | $66.65 | -0.86 | 8,420,467 | ||
$87.13 | -0.35 | 2,770,192 | |||
Travelers TRV | $62.91 | +0.16 | 4,162,070 | ||
United Tech UTX | $79.75 | -1.25 | 4,871,616 | ||
Verizon VZ | $38.57 | -0.16 | 14,941,060 | ||
Walmart WMT | $59.54 | -2.91 | 37,974,819 |
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The following are excerpts from Monday morning's Blog.
A read of the print editions of Monday's Barron's and Investor's Business Daily, Sat. & Sunday's combined issue of each of theWall St. Journal and Financial Times, and Saturday's New York Times & 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 Jones Industrial AverageThe Dow Jones Industrial Average closed Friday at 13,029.26 up 65.16 or 0.05% from Thursday's close of 12,964.1. For the week the Dow is up 65.16 or 0.05% from last Friday's close of 12,849.59. For the year the Dow is up 6.64%. Of the 30 Dow components 23 gained and 7 declined. The biggest gainer dollar-wise was Travelers and percentage-wise was Microsoft. The biggest decliner dollar-wise was JPMorgan and percentage-wise was Bank of America.
Inv. Bus. Daily pA1 "Stocks in giveback mode; Apple now 11% off high" by Paul Whitfield says for the 2nd straight day, stocks rose in the first hour and then headed sourth. Friday's action was reverses off early gains in mixed volume as the current outlook is the market is in a correction.
Friday's Dow Jones Industrial Average closing numerator was 1,721.54 up 8.50 from Thursday's closing numerator of 1,712.94. 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 Friday's Dow Jones Industrial Average was $57.38 up $0.28 from Thursday's average closing price of $57.10. The median closing price of Friday's Dow Jones Industrial Average was $52.04 (DD/HD) down $0.05 from Thursday's median closing price of $52.09. The lowest volume was 3M and the highest volume again was Bank of America.
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 made $850 ($172,154 - $171,294).
MarketWatch Friday 4/20/12 4:45 pm by Kate Gibson says U.S. stocks mostly advanced Friday, with two of the major indexes halting a two-week losing streak, as better-than-expected corporate results overrode global concerns. “A lot of stock prices are being made in Europe these days, but it is a short-term phenomenon. Even though the economies are weak, they seem to be doing what they should be doing, and that sort of behavior tends to be rewarded,” said John Manley, chief equity strategist at Wells Fargo Advantage Funds. “The market is coming to grips with what lies before it. On balance, earnings numbers are more positive than negative,” he added. After rising as much as 118 points, the Dow Jones Industrial Average DJIA +0.50% gained 65.16 points, or 0.5%, to 13,029.26, up 1.4% from the week-ago close and its first weekly gain in three. Microsoft Corp. MSFT +4.55% led blue-chip advancers, up 4.6%, after the software company said net income fell from the year-ago period, but its profit and sales topped Wall Street’s expectations. Dow component General Electric Co. GE +1.15% rose 1.2% after the aircraft-engine manufacturer and financial-services provider reported earnings that topped Wall Street’s estimates. Up 0.7% on the week, the S&P 500 Index SPX +0.12% climbed 1.61 points, or 0.1%, to 1,378.53, with utilities and consumer staples leading sector gains and technology and financials lagging among its 10 industry groups. Apple Inc. AAPL -2.46% shares fell 2.5% to $572.98, off more than 10% from $644, the record intraday high reached April 10. The close under $580 sets the stage “for a fast move down to $525,” said Richard Ross, technical strategist at Auerbach Grayson & Co. Apple’s fall weighed on the Nasdaq Composite Index COMP -0.24% , which turned lower in the final hour of trade, off 7.11 points, or 0.2%, at 3,000.45 — a level that has it off 0.2% from last Friday’s finish and extending its weekly losing spree to three. For every stock that fell, nearly two gained on the New York Stock Exchange, where 966 million shares traded. Composite volume topped 3.8 billion. The U.S. dollar DXY -0.52% fell against other global currencies, while dollar-denominated commodities rose, with crude futures CLM2 +1.28% closing a nickel above $103 a barrel on the New York Mercantile Exchange. But while micro concerns dominated Friday’s session, macroeconomic issues will likely continue to be in play. “The realization has grown that all of the problems of last year are still present,” said Andrew Milligan, head of global strategy at Standard Life Investments. Milligan cites the outlook for the United States, Europe’s ability to keep its recession from deepening, China’s ability to navigate a soft landing and the price of oil as the four primary concerns of investors. “We’re particularly reassured by the breadth of sectors seeing improvements; it’s not just industrial and tech, but most sectors,” he added. Corporate results from outside the United States are “perhaps more mixed, which is no great surprise, bearing in mind some of the weakness in parts of Asia and Europe,” Milligan said. For Manley at Wells Fargo Advantage Funds, the real test for U.S. results comes in the third quarter. “If you look at consensus expectations for the S&P 500, the first quarter was a little better than flat, not a high hurdle,” with the same holding true for second-quarter results, he said. But by the third quarter, expectations call for double-digit gains “and I don’t think we’ll get that,” commented Manley, who believes those estimates will be scaled back over the course of the next three to six months.
Friday's Closing Dow Numbers and Monday's News: />
Symbol Last Sale Change % Change Share Volume Market
AT&T T $30.86 +0.12 0.39% 21,699,859 NYSE: NYT pB6 "News services from AT&T labs put privacy at risk" by Joshua Brustein says AT&T is testing Donde a location based messaging system that is delivered to a recipient when he arrives or leaves a specific place.
WSJ pC2 "The ticker" says on Tues 3M and AT&T report earnings, on Wed Boeing & Caterpillar report, on Thurs Chevron, Merck, Procter & Gamble report an Exxon.
Barron's p13 "Week preview" says on Tuesday AT&T reports earnings with a consensus estimate of 29 cents vs year ago 57 cents. Also on tuesday United Technologies reports its 1Q results with a consensus estimate of $1.20 vs a year ago of $1.06. On Wed Boeing reports and on Wed Exxon is expected to raise its quarterly dividend by as much as 33%.
Alcoa AA $9.7 -0.06 0.61% 18,949,727 NYSE:
American Express AXP $57.45 -0.12 0.21% 7,771,700 NYSE:
Bank of America BAC $8.36 -0.41 4.68% 274,573,616 NYSE:
Barron's p25 "Reason to cheer" by Jack Willoughby says Big Money managers' favorite stocks include Bank of America and Microsoft.
Boeing BA $73.55 +0.45 0.62% 4,264,330 NYSE: WSJ pC2 "The ticker" says on Tues 3M and AT&T report earnings, on Wed Boeing & Caterpillar report, on Thurs Chevron, Merck, Procter & Gamble report an Exxon.
Barron's p13 "Week preview" says on Tuesday AT&T reports earnings with a consensus estimate of 29 cents vs year ago 57 cents. Also on tuesday United Technologies reports its 1Q results with a consensus estimate of $1.20 vs a year ago of $1.06. On Wed Boeing reports and on Wed Exxon is expected to raise its quarterly dividend by as much as 33%.
Caterpillar CAT $107.73 +0.37 0.34% 3,955,582 NYSE: WSJ pC2 "The ticker" says on Tues 3M and AT&T report earnings, on Wed Boeing & Caterpillar report, on Thurs Chevron, Merck, Procter & Gamble report an Exxon.
Inv. Bus. Daily pB7 "Catepillar needs work on its base" by Paul Whitfield says Caterpillar's dividend offers a current annual yield of 1.7% and it has increased its payout 10 times since 2000.
Chevron CVX $102.52 +0.01 0.01% 5,750,876 NYSE: WSJ pC2 "The ticker" says on Tues 3M and AT&T report earnings, on Wed Boeing & Caterpillar report, on Thurs Chevron, Merck, Procter & Gamble report and Exxon.
Cisco CSCO $19.91 +0.005 0.03% 33,443,465 NASDAQ-GS:
Coke KO $74.13 +0.31 0.42% 6,671,867 NYSE:
Disney DIS $42.35 +0.27 0.64% 7,731,989 NYSE: WSJ pB6 "Estimated Box office figures" puts Disney's Chimpanzee at 4th for the weekend with $10.2 mil cumulative and weekend.
Barron's p9 "Your grandmother's growth stocks" by Michael santoli says Disney and McDonald's both reached all time highs since the start of the year.
DuPont DD $52.62 +0.01 0.02% 6,338,184 NYSE:
Exxon XOM $85.3 +0.02 0.02% 17,107,697 NYSE: WSJ pC2 "The ticker" says on Tues 3M and AT&T report earnings, on Wed Boeing & Caterpillar report, on Thurs Chevron, Merck, Procter & Gamble report and Exxon.
Barron's p13 "Week preview" says on Tuesday AT&T reports earnings with a consensus estimate of 29 cents vs year ago 57 cents. Also on Tuesday United Technologies reports its 1Q results with a consensus estimate of $1.20 vs a year ago of $1.06. On Wed Boeing reports and on Wed Exxon is expected to raise its quarterly dividend by as much as 33%.
GE $19.36 +0.22 1.15% 67,616,053 NYSE: WSJ pB6 "Airline buys CFM engines for A320neo planes" says Quantas chose engines made by CFM Int'l, a jv between GE and Safran SA to power its fleet of 320neo aircraft in a $2 bil deal.
Inv. Bus. Daily pA1 "GE, Honeywell shine in Q1" says GE EPS rose 1 cent to 34 cents beating by a penny estimates. Rev fell 8% on the sale of a majority stake in NBC Universal to $35.2 bil beating views.
Hewlett-Packard HPQ $24.51 -0.20 0.81% 19,553,886 NYSE: Barron's p31 "Microsoft benefits from a raft of products" by Tiernan Ray says Microsoft's stock should contine to work well as it rumbles toward Windows 8 and all the rest of the upgrades. Some of Windows 8's prospects are tied to ultrabook which are supposed to stoke interest in PC hardware again. Hewlett-Packard and others will be rolling out new models this year. Intel is in the fight of its life taking place over years in tablets and phones. It has competition from Qualcomm, the giant in smartphone chips.
Home Depot HD $51.46 -0.10 0.19% 10,977,965 NYSE:
Intel INTC $27.6 -0.09 0.33% 37,217,661 NASDAQ-GS: Fin Times p15 "intel enters smarphone world & moves to defend PC territory" by Chris Nutttall says Intel is launching its new Core microprocessors today in San Francisco, Ivy Bridge, which shrink circuit wids from 32 billionths of a metre to 22nm.
Barron's p31 "Microsoft benefits from a raft of products" by Tiernan Ray says Microsoft's stock should contine to work well as it rumbles toward Windows 8 and all the rest of the upgrades. Some of Windows 8's prospects are tied to ultrabook which are supposed to stoke interest in PC hardware again. Hewlett-Packard and others will be rolling out new models this year. Intel is in the fight of its life taking place over years in tablets and phones. It has competition from Qualcomm, the giant in smartphone chips.
IBM $199.6 +0.09 0.05% 4,699,375 NYSE:
JPMorgan JPM $42.72 -0.50 1.16% 25,899,476 NYSE: WSJ pC1 "MF customers press JPMorganf or funds" by Aaron Lucchetti says MF Global customers want JPMorgan to repay money that went missing just prior to the firm's collapse.
Johnson & Johnson JNJ $63.71 +0.68 1.08% 14,230,627 NYSE:
Kraft KFT $38.54 +0.34 0.89% 7,156,930 NYSE:
Barron's pM14 "Research reports" by Anita Peltonen says S&P Capital IQ issued a report on Kraft Foods on 4/17 with a buy up from a hold due to an expectation for a valuation boost from the expected split up of KFT into 2 businesses. N. Amer. grocery company is expected to be more of a divdend payer while the global snack operation has long term growth potential.
McDonald's MCD $95.94 +0.66 0.69% 10,917,840 NYSE:
Inv. Bus. Daily pA1 "McBites boost McDonald's Q1" says McDonald's met EPS views for a 7% gain to $1.23. Sales rose 7% to $6.5 bilalso in line. US same store sales surged 8.9% above forecasts due to a warm winter and new menu items including Cicken McBites. China growth slowed.
Barron's p9 "Your grandmother's growth stocks" by Michael santoli says Disney and McDonald's both reached all time highs since the start of the year.
Merck MRK $38.73 +0.37 0.96% 14,792,985 NYSE: WSJ pC2 "The ticker" says on Tues 3M and AT&T report earnings, on Wed Boeing & Caterpillar report, on Thurs Chevron, Merck, Procter & Gamble report an Exxon.
Microsoft MSFT $32.42 +1.41 4.55% 104,689,737 NASDAQ-GS: WSJ pC10 "Apple still stands to win carrier trade" by Rolfe winkler says Verizon cfo said it wants to promote Microsoft's Windows Phone platfrom as an option to Applies iOS and Google's Android.
Barron's pM7 "Assessing the pain in Spain" y Jon Buck says Nokia is staking its hope for recovery on the Lumia smartphone produced with Microsoft.
Barron's p31 "Microsoft benefits from a raft of products" by Tiernan Ray says Microsoft's stock should contine to work well as it rumbles toward Windows 8 and all the rest of the upgrades. Some of Windows 8's prospects are tied to ultrabook which are supposed to stoke interest in PC hardware again. Hewlett-Packard and others will be rolling out new models this year. Intel is in the fight of its life taking place over years in tablets and phones. It has competition from Qualcomm, the giant in smartphone chips.
Barron's p31 "Microsoft benefits from a raft of products" by Tiernan Ray says Microsoft's stock should contine to work well as it rumbles toward Windows 8 and all the rest of the upgrades. Some of Windows 8's prospects are tied to ultrabook which are supposed to stoke interest in PC hardware again. Hewlett-Packard and others will be rolling out new models this year. Intel is in the fight of its life taking place over years in tablets and phones. It has competition from Qualcomm, the giant in smartphone chips.
Barron's p25 "Reason to cheer" by Jack Willoughby says Big Money managers' favorite stocks include Bank of America and Microsoft.
Pfizer PFE $22.56 +0.225 1.01% 37,621,375 NYSE:
Inv. Bus. Daily pA2 "Danone hikes Pfizer unit bid" says French food firm Danone and Mead Johnson lifted a bid on Pfizer's infant nutrition biz to $11 bil to outdo Nestle.
Procter & Gamble PG $67.51 +0.94 1.41% 11,081,461 NYSE: WSJ pC2 "The ticker" says on Tues 3M and AT&T report earnings, on Wed Boeing & Caterpillar report, on Thurs Chevron, Merck, Procter & Gamble report an Exxon.
3M MMM $87.48 +0.68 0.78% 3,168,068 NYSE: WSJ pC2 "The ticker" says on Tues 3M and AT&T report earnings, on Wed Boeing & Caterpillar report, on Thurs Chevron, Merck, Procter & Gamble report an Exxon.
Travelers TRV $62.75 +1.05 1.7% 4,812,482 NYSE:
United Technologies UTX $81 +0.60 0.75% 3,618,135 NYSE:
Barron's p13 "Week preview" says on Tuesday AT&T reports earnings with a consensus estimate of 29 cents vs year ago 57 cents. Also on tuesday United Technologies reports its 1Q results with a consensus estimate of $1.20 vs a year ago of $1.06. On Wed Boeing reports and on Wed Exxon is expected to raise its quarterly dividend by as much as 33%.
Verizon VZ $38.73 +0.58 1.52% 19,306,360 DualListed: WSJ pC10 "Apple still stands to win carrier trade" by Rolfe winkler says Verizon cfo said it wants to promote Microsoft's Windows Phone platfrom as an option to Applies iOS and Google's Android.
Walmart WMT $62.45 +0.70 1.13% 8,978,115 NYSE: WSJ pB1 "Walmart faces risk in Mexican bribe probe" by Miguel Bustillo, Fin Times p16 "Walmart hit by bribery allegations", USA Today p1B "Walmart's Mexican unit scrutinized", say Walmart could be in trouble under the US foreign Corrupt Practices Act due to the allegations of widespread bribery by Walmart in Mexico in '05 in order to build stores there.
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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 (Armonk, NY)
JPMorgan Chase JPM Jamie Dimon (NY, NY)
Johnson & Johnson JNJ William C. Weldon to be replaced by Alex Gorsky 4/24/12 (New Brunswick, NJ)
Kraft KFT Irene Rosenfeld (Northfield, Ill.)
McDonald's MCD Jim Skinner to be replaced July 1 by Don Thompson (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 Inge Thulin (St. Paul, MN)
Travelers TRV Jay S. Fishman (NY, NY)
United Technologies UTX Louis Chenevert (Hartford, CT)
Verizon VZ Lowell McAdam (NY, NY)
Wal-Mart WMT Mike Duke (Bentonville, ARK)
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Here are the Dow Jones Industrial Average 30 as of 4/15/12 ranked in order of market capitalization rounded to the nearest 1/2 billion followed by number of shares outstanding rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $4391 [5]
2. Microsoft MSFT 258.5 [8.5]
3. IBM 235 [1]
4. WalMart WMT 203.5 [3.5]
5. GE 200 [10.5]
6. Chevron CVX 199 [2]
7. Procter & Gamble PG 181 [3]
8. AT&T T 181 [6]
9. Johnson & Johnson JNJ 175 [3]
10. JPMorgan Chase JPM 165 [4]
11. Pfizer PFE 164.5 [7.5]
12. Coke KO 162 [2.5]
13. Intel INTC 140.5 [5]
14. Merck MRK 115 [3]
15. Cisco CSCO 107 [5.5]
16. Verizon VZ 104.5 [3]
17. McDonald's MCD 98.5 [1]
18. Bank of America BAC 93.5 [10.5]
19. Home Depot HD 77.5 [1.5]
20. Disney DIS 75 [2]
21. United Technologies UTX 72.5 [1]
22. Caterpillar CAT 68.5 [.5]
23. American Express AXP 67 [1]
24. Kraft KFT 66 [2]
25. 3M MMM 59.5 [.5]
26. Boeing BA 54.5 [1]
27. Hewlett-Packard HPQ 48.5 [2]
28. DuPont DD 48.5 [1]
29. Travelers TRV 22.5 [.5]
30. Alcoa AA 10.5 [1]
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 4/15/12:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
AT&T T: 3/12/12 Proxy Materials re: Annual Meeting of Stockholders to be held on 4/27/12 at 9 a.m. at Grand American Hotel, Salt lake City, Utah
2/29/12 8K re: redemption of 5.87% Notes due 5/15/12
2/24/12 10K for FY ended 12/31/11
2/21/12 Prelim Proxy re: Annual Meeting of Stockholders on 4/27/12 Grand America Hotel, Salt Lake City, Utah
2/13 8K re: sale of $3 bil Global Notes
Alcoa AA: 4/11/12 8K re: 1Q results
3/12/12 & 3/1/12 Proxy re: Annual Meeting of Shareholders 5/4/12 9:30 am, Fairmont Hotel, Pittsburgh, PA
2/28/12 10K/A & 2/16/12 10K for FY ended 12/31/11
2/26/12 8K re: amendment to bylaws re: notice to shareholders
American Express AXP: 3/26/12 8K re: dividend of 20 cents a share payable 5/10 to holders at 4/5 & stock buyback plan of up to 150 mil shares
3/20 & 3/2/12 Proxy re: Annual Meeting of Shareholders 4/30/12 9 am American Express HQ, NYC
3/15/12 8K re: delinq. & write-off stats thru 2/29
3/13/12 8K re: Comprehensive Capital Plan
2/29/12 & 2/24/12 10K/A & 10K for FY ended 12/31/11
2/15/12 8K re: Deling & write-off stats for 3 months ended 1/31/12
2/13/12 8K re: retirement of Director Dan Akerson
Bank of Am BAC: 4/11/12 8K re: reclassification of business segments
3/16/12 8K re: sale of preferred stock
2/23/12 10K for FY ended 12/31/11
2/10/12 8K re: settlement of mortgage abuse case with state & fed regulators
Boeing BA: 3/16/12 Proxy materials re: Annual Meeting of Shareholders 4/30/12 10 am Field Museum, Chicago
2/29/12 8K re: grant of stock options to exec
2/9/12 10K for year ended 12/31/11
Caterpillar CAT: 4/12/12 8K re: election of fromer Utah Gov. and Ambassador Jon Huntsman to Board of Dirs.
4/11/12 Proxy materials re: Annual Meeting of Stockholders on 6/13/12 at 8 am, Marriott Riverwalk, San Antonio, Texas
3/20/12 8K re: dealer stats thru 2/12
2/21/12 10K for FY ended 12/31/11
2/21/12 8K re: Jan '12 dealer stats
Chevron CVX: 4/12/12 & 3/29/12 Proxy material re: Annual Meeting og stockholders on 4/4/12 9:30 am HQ, San Ramon, CA
4/10/12 8K re: 1Q update
3/29/12 8K & Proxy materials re: amendment of bylaws re: litigation in Delaware courts, raise of CEO and other execs' salaries and election of Charles "Wick" Moorman to Board of Dirs.
2/23/12 10K for FY ended 12/31/11
Cisco CSCO : 3/27/12 8K re: execs' pre-arranged stock trading plans
3/15/12 8K re: acquisition of NDS Group Ltd, a provider of video software for $5 bil
2/21/12 10Q for Qtr ended 1/28/12
2/17/12 8K re: $3 bil credit agreement with Bank of America
2/8/12 8K re: 2Q results
Coke KO 3/14/12 8K re: closing of sale of over $1 bil of notes
3/8/12 Proxy materials re Annual meeting of shareowners 4/15/12 9:30 am Cobb Galeria, Atlanta
2/23/12 10K for FY ended 12/31/11
2/21/12 8K re: election of Robert A. Kotick as Dir.
2/15/12 8K re: adoption of restricted stock plan
2/7/12 8K re: 4Q & full year '11 results
Disney DIS 3/16/12 8K re: amendment to 2011 Stock Incentive Plan
2/13/12 8K re: sale of $1 bil of 1.125% Global Notes due '17
2/7/12 10Q for 12/31/11
2/7/12 8K re: 1Q results
DuPont DD: 4/3/12 & 3/16/12 Proxy material re: Annual meeting of stockholders 4/25/12 10:30 am HQ Wilmington, Del
3/15/12 8K re: retirement of William K. Reilly from Board of Dirs.
2/9/12 10K re: FY ended 12/31/11
ExxonMobil XOM: 4/12/12 Proxy materials re: Annual meeting of shareholders 5/30/12 9 am Meyerson Center, Dallas
3/28/12 8K re: Fin'l Operations review info on website
3/14/12 8K re: transcript of 3/8 analysts meeting
2/29/12 8K re: election of Henrietta H. Fore as Dir.
2/24/12 10K for FY ended 12/31/11
2/23/12 8K re: worldwide proved oil & gas reserves
GE: 4/9/12 & 3/9/12 Proxy material re: Annual meeting of shareholders on 4/25/12 10 am Detroit Marriott
4/6/12 8K re: downgrade of GE senior unsecured debt rating by Moodys from Aa2 to aa3 and other downgrade
3/16/12 8K re: GE Capital segment fin'l info as of 12/31/11
1/20/12 8K re: 2/24/12 10K re: FY ended 12/31/11
Hewlett-Packard HPQ: 3/23/12 8K re: exec changes and amendment to bylaws decreasing Board of Dirs from 14 to 11
3/12/12 10Q for Qtr ended 1/31/12
3/12/12 8K re: underwriting of $2 bil of Global Notes
2/22/12 8K re: 1Q results ended 1/31/12
2/3/12 Proxy re: 3/21/12 Annual meeting of shareholders at Santa Clara, CA Convention Ctr.
Home Depot HD: 4/2/12 Proxy material and 10K for year ended 1/29/12 and material re: Annual meeting of shareholders on 5/17 at 9 am at Cobb Galeria, Atlanta
2/21/12 8K re: FY '11 results & FY '12 guidance
Intel INTC: 4/4/12 Proxy material re: annual stockhodles meeting 5/17/12 8:30 am HQ, Santa Clara, CA
2/28/12 8K re: expansion of JV with Micron Tech for flash memory
2/23/12 10K for FY ended 12/31/11
2/9/12 8K re: settlement of antitrust case brought by NY Atty Gen'l
IBM: 3/22/12 & 3/12/12 Proxy material re: Annual meeting of stockholders on 4/24/12 10 am Charleston Convention Center, S.C.
2/28/12 10K for FY ended 12/31/11
2/9/12 8K re: underwriting agreement for 2.2% Notes due '17
2/3/12 8K re: underwriting agreement for notes due '15 - '17
2/3/12 8K re: exec salaries for top 5 execs
JPMorganChase JPM: 4/13/12 2 8Ks re: fin'l info on website & 1Q results
4/4/12 Proxy material re: annual meeting of shareholders 5/15/12 at JPM campus in Tampa, Fl
4/4/12 8K re: annual report on website
3/29/12 8K re: Reg. statement re: Global Med. Term Notes'
3/27/12 8K re: changes to Board of Dirs: election of Tim Flynn and retirement of William Gray & David Novak
3/14/12 8K re: dividend of 30 cents payable 4/30 to record holders as of 4/5 and $15 bil share buyback program
3/1/12 8K re: 2/28/12 Investor Day Presentation
2/29/12 10K for FY ended 12/31/11
2/9/12 8K re: global settlement of mortgage foreclosure suits brought by state & fed regulators
Johnson & Johnson JNJ : 4/9/12 8K re: resignation of Vice Chair of Board, Sheri S. McCoy to join Avon as CEO
4/3/12 & 3/14/12 Proxy material re: Annual meeting of Shareholders on 4/26/12 10 am Grand Hyatt New Brunswick, NJ
3/28/12 8K re: new format for sales results
2/23/12 10K for FY ended 12/31/11
2/21/12 8K re: election of Alex Gorsky as CEO & Dir as of 4/26/12
Kraft KFT: 4/2/12 & 3/23/12 Proxy material re: Annual meeting of shareholders on 5/23/12 at North Shore Performing Arts Center in Skokie, Ill.
3/20/12 8K re: $2.1 bil of costs and expenses re: spin-off of N. Amer. grocery business
3/15/12 8K re: nominations of Terry Lundgren & Jorge Mesquita to Board of Dirs.
3/14/12 8K re: revolving credit agreement
2/27/12 10K for FY ended 12/31/11
2/21/12 2 8Ks re: '11 operating results & 4Q results
McDonald's MCD: 4/13/12 & 3/7/12 Proxy materials re: annual meeting of shareholders on 5/24/12 at HQ at Oak Brook, Ill.
3/26/12 8K re: retirement of James Skinner as CEO effective 6/30/12 and his replacement as CEO of Donald Thompson
3/8/12 8K re: Feb. '12 sales results
3/7/12 Prelim Proxy re: Annual Meeting of Shareholders 5/24/12 at McDonald's HQ Oak Brook, Ill.
2/24/11 10K for FY ended 12/31/11
2/10/12 8K re: grant of exec stock options
2/8/12 8K re: Jan '12 sales
2/7/12 8K re: issuance of $750 mil med term notes
Merck MRK: 4/12/12 Proxy materials re: annual meeting of Shareholders on 5/22/12 8:30 am at Bridgewater Marriott in NJ
3/30/12 8K re: Retirement from Board of Dirs of Steven Goldstone & Harry Jacobson
2/28/12 10K for FY ended 12/31/11
2/9/12 8K re: Dr. Thomas Shenk retiring from Board of Dirs.
2/2/12 8K re: full year & 4Q results 12/31/11
Microsoft MSFT: 2/27/12 8K re: election of John W. Thompson as Dir.
1/27/12 10Q/A & 1/19/12 10Q for year ended 12/31/11
1/19/12 8K re: 2Q 12/31/11 results
Pfizer PFE: 3/15/12 Proxy materials re: Annual meeting of shareholders 4/26/12 8:30 am Westin Governor Morris, Morristown, NJ
2/28/12 10K for FY ended 12/31/12
1/31/12 8K re: 4Q & full year 12/31/11 results
Procter & Gamble PG: 4/13/12 8K re: dividend of 0.562 cents payable 5/15/12 to record holders at 4/27
2/23/12 8K re: Consumer Analyst Conference slides 2/23/12
2/15/12 8K re: sale of Pringles to Kellogg for $2.7 bil in cash
2/10/12 8K re: restructuring of Beauty & Grooming Global Business Unit
2/6/12 8K re: issuance of $2 bil 2.3% & floating rate notes
3M MMM: 3/21/12 Proxy materials re: annual meeting of stockhodlers 5/8/12 10 am River Centre, St. Paul, Minn
2 8ks 2/21/12 & 2 8ks 2/16/12 re: exec pre-arranged stock trading plans
2/16/12 10K FY 12/31/11
2/8/12 8K re: Inge G. Thulin replacing George W. Buckley as CEO on 2/24/12
Travelers TRV: 4/10/12 Proxy materials re: Annual meeting of shareholders on 5/23/12 11 am Hartford, Marriott
2/16/12 10K FY 12/31/11
United Technologies UTX: 4/13/12 8K re: retriement of charles Lee from Board of Dirs.
3/22/12 & 2/24/12 Proxy materials re: 4/11/12 Annual Meeting of Shareholders Riviera Theatre Charleston, SC
3/15/12 8K re: structure for proposed Goodrich acquisition
2/17/12 8K re: election of Pedro Baranda as Pres. of Otis Elevator
2/9/12 10K for year ended 12/31/11
Verizon Communications Inc. VZ: 4/2/12 & 3/19/12 Proxy material re: Annual meeting of shareholders on 5/3/12 at 10:30 at Von Braun Center, Huntsville, Al.
2/24/12 10K FY 12/31/11
WalMart WMT: 3/27/12 10K for year ended 1/31/12
2/21/12 8K re: 4Q results
1/25/12 8K re: election of Rosalind Brewer as CEO of Sam's Club
12/8/11 8K re registration rights agreement with certain selling shareholders
12/8/11 10Q for qtr ended 10/1/11
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