Post
No. 1,696 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 recent ranking of the Dow 30 components by market
capitalization as of 6/20/12 and Dow 30 components' SEC filings as of
6/20/12.
The Dow Jones Industrial Average closed Tuesday at 12,534.67 up 32.01 or 0.26% from Monday's close of 12,502.66. Of the 30 Dow components 16 gained, Alcoa and Travelers were unchanged and 12 declined. The biggest gainer dollar-wise and percentage-wise was Chevron up $1.87 or 1.89%. The biggest decliner dollar-wise was IBM down 91 cents and percentage-wise was Kraft down 2.21%.
As of the open of the market on Tuesday the current divisor for the Dow Jones Industrial Average found at page C5 of Tuesday's Wall St. Journal is 0.132129493. Tuesday's trailing P/E ratio is 13.78 down from yesterday's trailing P/E ratio of 13'94 (year ago it was 13.70); today's P/E estimate is 12.15 up from Friday's P/E estimate of 12.05 (year ago it was 12.20) and today's dividend yield is 2.68 up from yesterday's dividend yield of 2.64 (last year it was 2.51). 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 1,656.20 up 4.23 from Monday's closing numerator of 1,651.97. 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 $55.21 up $0.14 from Monday's average closing price of $55.07. The median closing price of Tuesday's Dow Jones Industrial Average was $50.36 (HD/DD) down 0.05 from Monday's median closing price of $50.41. The lowest volume was Travelers and the highest volume again was Bank of America.
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 $423 ($165,197 - $165,626).
Home prices rise in April.
The Dow Jones Industrial Average closed Tuesday at 12,534.67 up 32.01 or 0.26% from Monday's close of 12,502.66. Of the 30 Dow components 16 gained, Alcoa and Travelers were unchanged and 12 declined. The biggest gainer dollar-wise and percentage-wise was Chevron up $1.87 or 1.89%. The biggest decliner dollar-wise was IBM down 91 cents and percentage-wise was Kraft down 2.21%.
As of the open of the market on Tuesday the current divisor for the Dow Jones Industrial Average found at page C5 of Tuesday's Wall St. Journal is 0.132129493. Tuesday's trailing P/E ratio is 13.78 down from yesterday's trailing P/E ratio of 13'94 (year ago it was 13.70); today's P/E estimate is 12.15 up from Friday's P/E estimate of 12.05 (year ago it was 12.20) and today's dividend yield is 2.68 up from yesterday's dividend yield of 2.64 (last year it was 2.51). 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 1,656.20 up 4.23 from Monday's closing numerator of 1,651.97. 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 $55.21 up $0.14 from Monday's average closing price of $55.07. The median closing price of Tuesday's Dow Jones Industrial Average was $50.36 (HD/DD) down 0.05 from Monday's median closing price of $50.41. The lowest volume was Travelers and the highest volume again was Bank of America.
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 $423 ($165,197 - $165,626).
MarketWatch
Tue. 6:26 pm by Kate Gibson says U.S. stocks rose Tuesday, with consumer-discretionary and
energy companies gaining on signs of stabilization in housing, but
investors remained wary ahead of a summit of European leaders.“Housing is bucking the trend, and that speaks to better confidence
among consumers. Home builders and energy are getting a bounce on the
idea household demand for gasoline may not be as weak,” said Jeffrey
Kleintop, chief market strategist at LPL Financial. “We’d like to be more optimistic, but we’re not expecting anything
definitive out of this, which is a problem,” John De Clue, chief
international strategist at U.S. Bank Wealth Management, said of a
gathering of European leaders. “The pattern has been interesting ideas
are put forth, but then in peeling the onion, they are difficult to
institute in reality.”After rising as much as 74 points and falling 50, the Dow Jones Industrial Average
DJIA
+0.26%
ended at 12,534.6, up 32.01 points, or 0.3%, to 12,534.67, with Chevron Corp.
CVX
+1.89%
pacing the gains.
The S&P 500 Index
SPX
+0.48%
added 6.27 points, or 0.5%, to 1,319.99, with consumer discretionary
and energy companies faring best among its 10 industry groups.
The Nasdaq Composite
COMP
+0.63%
climbed 17.90 points, or 0.6%, to 2,854.06.
Reuters
For every share falling more than two gained on the New York Stock
Exchange, where 712 million shares traded. Composite volume neared 3.4
billion.Crude turned higher, with oil futures
CLQ2
-0.01%
adding 15 cents to finish at $79.36 a barrel on the New York Mercantile Exchange. Gold futures
GCQ2
-0.07%
fell 13.50 to end at $1,574.90 an ounce.
U.S. home prices rose 1.3% in April, their first monthly gain since last autumn, S&P/Case-Shiller data showed. A report that had consumer confidence in June falling for a fourth
straight month illustrates “a lull here in the economy,” said Andrew
Fitzpatrick, director of investments at Hinsdale Associates. “People sure don’t feel very confident,” said LPL’s Kleintop. But the
Conference Board’s index, which hit 62 last month, “is still above
average and better than we saw around this time last year.” In fact, the week now under way marks the beginning of a six week period
that has been the best for equities in each quarter of recent years. Investors remained wary ahead of a gathering of European leaders later
in the week, with Germany offering a tepid response to a road map
released by European Union officials outlining a plan to tighter fiscal
integration.Spanish and Italian bonds declined and the euro softened as those
nations’ borrowing costs rose at debt auctions. Egan-Jones cut Germany’s
sovereign rating to A+ from AA-.Markets were briefly rattled after Reuters reported German Chancellor
Angela Merkel told politicians in her ruling coalition that Europe would
not have shared total debt liability “as long as I live.” Germany’s Angela Merkel
“The market really doesn’t know what to make of this. We’ve seen summits
in the past that haven’t produced much, so the bar has been lowered,”
said Andrew Fitzpatrick, director of investments at Hinsdale Associates,
of expectations ahead of a two-day gathering that starts Thursday in
Brussels. Merkel on Monday had played down large moves such as the issuance of
common debt until euro-area countries agree to broad oversight of their
budgets.Greece on Tuesday named an economics professor to replace the finance
minister who resigned Monday after less than a week on the job.
Tuesday's Closing Dow Numbers:
| Symbol | Last Sale | Change | % Change | Share Volume | Market |
| T |  | NYSE | |||
| AA |  | NYSE | |||
| AXP | | NYSE | |||
| BAC | | NYSE | |||
| BA |  | NYSE | |||
| CAT | | NYSE | |||
| CVX | | NYSE | |||
| CSCO | | NASDAQ-GS | |||
| KO | | NYSE | |||
| DIS | | NYSE | |||
| DD | | NYSE | |||
| GE | | NYSE | |||
| HPQ | | NYSE | |||
| HD | | NYSE | |||
| INTC | | NASDAQ-GS | |||
| IBM | | NYSE | |||
| JPM | | NYSE | |||
| JNJ | | NYSE | |||
| KFT | | NASDAQ-GS | |||
| MCD | | NYSE | |||
| MRK | | NYSE | |||
| MSFT | | NASDAQ-GS | |||
| PFE | | NYSE |
| PG | | NYSE | |||
| MMM | | NYSE | |||
| TRV | | NYSE | |||
| UTX | | NYSE | |||
| VZ | | DualListed | |||
| WMT | | NYSE |
******************
The following are excerpts from Tuesday morning's Blog:
A read of the print editions of Tuesday's Wall St. Journal & Financial Times, Investor's Business Daily, New York Times, USA Today, 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 a separate table of Dow component's symbol and Monday's stock prices and related data in alphabetical order.
Dow Jones Average The Dow Jones Industrial Average closed Monday at 12,502.66 down 138.12 or 1.09% from Friday's close of 12,640.78. For the year the Dow is up 2.33%. Of the 30 Dow components only Walmart gained and 29 declined. The only and therefore biggest gainer dollar-wise and percentage-wise was Walmart up $1.88 or 1.31%%. The biggest decliner dollar-wise was Caterpillar down $2.07 and percentage-wise was Bank of America down 4.28%.
WSJ pC1 "Blue Monday chips retreat" by Jonathan Cheng says stocks fell around the globe and oil prices eased on Mon amid lowered expectations for any further progress on Europe's debt crisis.
Inv. Bus. Daily pB2 "Stocks take a beating; market back in correction" by Vincent Mao says a barrage of bad news out of Europe clobbered US stocks Mon wiping out Fri's rebound and a lot more. Monday's action saw stocks fall sharply as market weakens. The current outlook is the market is in a correction.
Fin Times p26 "Research in motion moves in a sharply downward direction" by Kandy Wong says US equities were sharply lower Mon led by energy & fin'l sectors. Microsoft was down 2.7% due to its purchase of Yammer. Walmart was up 1.3% after its said it was adding new stores in Canada.
USA Today p4B "Europe's troubles slam US markets, as well as its own" by AP says Europe's laest efforts to quell its fin'l crisis left investors exasperated Mon, causing steep losses in global stock markets.
NYT pB7 "A Sttep fall for shares as outlook for Europe continues to be gloomy" by Reuters says stocks in the US fell sharply on Mon on doubts that a European summit meeting this week would move any closer to solving the region's festering debt crisis.
Monday's Dow Jones Industrial Average closing numerator was 1,651.97 down 18.25 from Friday's closing numerator of 1,670.22. 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 Monday's Dow Jones Industrial Average was $55.07 down $0.60 from Friday's average closing price of $55.67. The median closing price of Monday's Dow Jones Industrial Average was $50.41 (HD/DD) down 0.08 from Friday's median closing price of $50.49. The lowest volume was Travelers 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 $1,825 ($167,022 - $165,197).
MarketWatch Mon. 4:35 pm by Kate Gibson says U.S. stocks declined Monday, denting June gains with four sessions in the month remaining, as pessimism rose about the outcome of a meeting of European leaders this week.“Unfortunately as we vacillate between cynicism and optimism about European leaders getting anything done, cynicism seems to be ruling the day,” said Art Hogan, market strategist at Lazard Capital Markets.The best and brightest have been drawn to Wall Street for the past thirty years, but no longer. MarketWatch reporter Steven Gelsi joins Mean Street to explain why the glory of Wall Street is gone, and which sectors could seize the mantle next. Photo: Reuters.
Cyprus said it
would ask for financial aid, and Greece’s finance
minister reportedly resigned his position Monday, just four days after
being named to the job and three days after being hospitalized for
nausea and dizziness. And Greek Prime Minister Antonis Samaras will miss
the coming European Union summit as he recuperates from eye surgery.
“Once again front and center is Europe. So far, again there is a lot of
politics, with a fairly wide crevice between what Germany is willing to
do versus what others are calling for,” said Mark Luschini, chief
investment strategist at Janney Montgomery Scott in San Francisco.And,
Spain formally asked for help for its banking system, but the
request left unclear how much of the $125 billion loan packaged by other
European nations was actually needed.The Dow Jones Industrial Average
DJIA
-1.09%
fell 138.12 points, or 1.1%, to 12,502.66, with Wal-Mart Stores Inc.
WMT
+1.31%
the sole component of its 30 to rise.
The S&P 500
SPX
-1.60%
lost 21.30 points, or 1.6%, to 1,313.72, with technology hit the
hardest among its 10 sectors.The session marked the third down day in
four for both indexes.
Chesapeake Energy Corp.
CHK
-8.49%
8.5% after Reuters reported the company colluded with a Canadian
competitor to keep a lid on land prices in areas viewed as rich in oil
and natural gas.
“Housing is a sign of strength here on the domestic front, which is
something that should not be lost on investors, although domestic news
will unfortunately probably be trumped by Europe,” said Luschini.New-home sales rose 7.6% in May.A
Supreme Court ruling on 2010’s Affordable Care Act is now expected
Thursday.“Any of the credible outcomes will be market moving.If it’s
upheld, it
removes the overhang of the unknown, and a lot of health-care companies
will probably celebrate that,” said Lazard’s Hogan.“If it’s struck down,
then the overall market probably celebrates
because it’s a lean in the direction of less regulation, although not
great for health-care companies and service providers. If the individual
mandate is dropped and the rest kept, again the hospital and insurance
companies would lose,” he said.“It could be a big deal, predicated on
which way it breaks. I don’t know
that if the Supreme Court comes down on the side of its legality [that]
is going to put the market off, but I do think its repeal could be a
boost to equities,” said Luschini, who explains the former would be
continuing the status quo, while the latter would be seen as “some
relief on the regulatory front.”Another market observer predicted that
health-care stocks could get a
boost from the ruling regardless of what the justices decide.The dollar
DXY
0.00%
gained against other global currencies, including the euro
EURUSD
+0.0218%
, and Treasury prices rose, with the 10-year note yield
10_YEAR
-0.06%
down to 1.607%.The price of oil declined, with oil futures
CLQ2
+0.14%
down 55 cents to close at $79.21 a barrel. Gold
GCQ2
-0.18%
gained $21.50, or 1.4%, to end at $1,588.40 an ounce.
Tuesday's Dow News followed by Monday's Closing Dow Numbers:
AT&T: WSJ pB3 "Verizon Wireless, T-Mobile to swap airwave licenses" by Tom Gryta, Inv. Bus. Daily pA4 "Verizon Spectrum sale may help cable deal" by Reinhardt Krause, USA Today p1B "T-Mobile, Verizon make spectrum deal" , AJC pA8 "Verizon strikes spectrum deal" by AP say T-Mobile USA Inc. is buying airwave lcienses & swapping some in a deal with Verizon Wireless that should aid Verizon in getting regulatory approval for its larger purchase of spectrum holdings from a group of cable firms. AT&T's bid for T-Mobile failed last year due to gov resistance.
Alcoa: No mentions found.
American Express: No mentions found.
Bank of America: WSJ pC2 "Bank of America Goldman Banker hired" by Dana Cimilluca, Fin Times p20 "BofA hries Goldman's De Giorgi" by Tom Braithwaite say BofA hired Bob Elfring and Goldman's Diego De Giorgi as co-heads of its division in Europe.
WSJ ppC3 "Banks preparing for the end" by Victoria McGrane says JPMorgan and Bank of America have a July 1 deadline to submit their road maps as to how they can be quickly and cleanly liquidated.
Inv. Bus. Daily pA2 "Spain crimps BofA, JPMorgan" says Spain's formal request for European aid for indebted banks drove JPMorgan's and Bank of America's stock down.
Boeing: WSJ pB6 "Boeing to fly 787 at UK air show" by Jon Ostrower says Boeing will end a 28 year absence from the flying display at the Farnsborough Int'l Air Show next month, showcasing the 787 Dreamliner in a push to present the jet in a fresh light after 3 and a half years of delay.
Caterpillar: No mentions found.
Chevron: No mentions found.
Cisco: No mentions found.
Coke: No mentions found.
Disney: No mentions found.
DuPont: No mentions found.
Exxon: No mentions found.
GE: WSJ pB2 "Drug firms urge price action" by Jeanne Whalen says pharma prce cuts in 5 troubled European nations cust the drug industry more than $8.8 bil in '10 & '11. GE Healthcare recently increased the number of staff handling payment collection in southern Europe due to a backog of receivables.
Hewlett-Packard: No mentions found.
Home Depot: No mentions found.
Intel: No mentions found.
IBM: No mentions found.
JPMorgan: Inv. Bus. Daily pA2 "Spain crimps BofA, JPMorgan" says Spain's formal request for European aid for indebted banks drove JPMorgan's and Bank of America's stock down.
WSJ ppC3 "Banks preparing for the end" by Victoria McGrane says JPMorgan and Bank of America have a July 1 deadline to submit their road maps as to how they can be quickly and cleanly liquidated.
Johnson & Johnson: No mentions found.
Kraft: No mentions found.
McDonald's: AJC pA8 "McDonald's at London Olympics is the biggest" says McDonald's 2 story restaurant at the London games will seat 1,500 diners and serve up to 14,000 people a day.
Merck: No mentions found.
Microsoft: NYT pB1 "Microsoft buys Business-only social network for $1.2 bil" by Nick Wingfield USA Today p2B "Microsoft acquires Yammer for $1.2B" by Byron Acohido, WSJ pB4 "Microsoft seals deal for social site Yammer" by Shira Ovide, AJC pA7 "Microsoft to acquire Yammer for $1.2 bi" by NY Times say Microsoft struck a deal to buy Yammer for $1.2 bil. Yammer is called Facebox for the workplace.
Fin Times p26 "Research in motion moves in a sharply downward direction" by Kandy Wong says US equities were sharply lower Mon led by energy & fin'l sectors. Microsoft was down 2.7% due to its purchase of Yammer. Walmart was up 1.3% after its said it was adding new stores in Canada.
Pfizer: NYT pB7 "FDA unexpectedly delays move on anticlotting drug" by katie Thomas, Inv. Bus. Daily pA1 "Pfizer, Bristol-Myers queried" says Pfizer fell 1% after the FDA asked for more data on Eliquis, its stroke drug up for regulatory approval.
Procter & Gamble: No mentions found.
3M: No mentions found.
Travelers: No mentions found.
United Technologies: No mentions found.
Verizon: WSJ pB3 "Verizon Wireless, T-Mobile to swap airwave licenses" by Tom Gryta,, Inv. Bus. Daily pA4 "Verizon Spectrum sale may help cable deal" by Reinhardt Krause, AJC pA8 "Verizon strikes spectrum deal" by AP say T-Mobile USA Inc. is buying airwave lcienses & swapping some in a deal with Verizon Wireless that should aid Verizon in getting regulatory approval for its larger purchase of spectrum holdings from a group of cable firms. AT&T's bid for T-Mobile failed last year due to gov resistance.
Walmart: Fin Times p26 "Research in motion moves in a sharply downward direction" by Kandy Wong says US equities were sharply lower Mon led by energy & fin'l sectors. Microsoft was down 2.7% due to its purchase of Yammer. Walmart was up 1.3% after its said it was adding new stores in Canada.
Tuesday's Dow News followed by Monday's Closing Dow Numbers:
AT&T: WSJ pB3 "Verizon Wireless, T-Mobile to swap airwave licenses" by Tom Gryta, Inv. Bus. Daily pA4 "Verizon Spectrum sale may help cable deal" by Reinhardt Krause, USA Today p1B "T-Mobile, Verizon make spectrum deal" , AJC pA8 "Verizon strikes spectrum deal" by AP say T-Mobile USA Inc. is buying airwave lcienses & swapping some in a deal with Verizon Wireless that should aid Verizon in getting regulatory approval for its larger purchase of spectrum holdings from a group of cable firms. AT&T's bid for T-Mobile failed last year due to gov resistance.
Alcoa: No mentions found.
American Express: No mentions found.
Bank of America: WSJ pC2 "Bank of America Goldman Banker hired" by Dana Cimilluca, Fin Times p20 "BofA hries Goldman's De Giorgi" by Tom Braithwaite say BofA hired Bob Elfring and Goldman's Diego De Giorgi as co-heads of its division in Europe.
WSJ ppC3 "Banks preparing for the end" by Victoria McGrane says JPMorgan and Bank of America have a July 1 deadline to submit their road maps as to how they can be quickly and cleanly liquidated.
Inv. Bus. Daily pA2 "Spain crimps BofA, JPMorgan" says Spain's formal request for European aid for indebted banks drove JPMorgan's and Bank of America's stock down.
Boeing: WSJ pB6 "Boeing to fly 787 at UK air show" by Jon Ostrower says Boeing will end a 28 year absence from the flying display at the Farnsborough Int'l Air Show next month, showcasing the 787 Dreamliner in a push to present the jet in a fresh light after 3 and a half years of delay.
Caterpillar: No mentions found.
Chevron: No mentions found.
Cisco: No mentions found.
Coke: No mentions found.
Disney: No mentions found.
DuPont: No mentions found.
Exxon: No mentions found.
GE: WSJ pB2 "Drug firms urge price action" by Jeanne Whalen says pharma prce cuts in 5 troubled European nations cust the drug industry more than $8.8 bil in '10 & '11. GE Healthcare recently increased the number of staff handling payment collection in southern Europe due to a backog of receivables.
Hewlett-Packard: No mentions found.
Home Depot: No mentions found.
Intel: No mentions found.
IBM: No mentions found.
JPMorgan: Inv. Bus. Daily pA2 "Spain crimps BofA, JPMorgan" says Spain's formal request for European aid for indebted banks drove JPMorgan's and Bank of America's stock down.
WSJ ppC3 "Banks preparing for the end" by Victoria McGrane says JPMorgan and Bank of America have a July 1 deadline to submit their road maps as to how they can be quickly and cleanly liquidated.
Johnson & Johnson: No mentions found.
Kraft: No mentions found.
McDonald's: AJC pA8 "McDonald's at London Olympics is the biggest" says McDonald's 2 story restaurant at the London games will seat 1,500 diners and serve up to 14,000 people a day.
Merck: No mentions found.
Microsoft: NYT pB1 "Microsoft buys Business-only social network for $1.2 bil" by Nick Wingfield USA Today p2B "Microsoft acquires Yammer for $1.2B" by Byron Acohido, WSJ pB4 "Microsoft seals deal for social site Yammer" by Shira Ovide, AJC pA7 "Microsoft to acquire Yammer for $1.2 bi" by NY Times say Microsoft struck a deal to buy Yammer for $1.2 bil. Yammer is called Facebox for the workplace.
Fin Times p26 "Research in motion moves in a sharply downward direction" by Kandy Wong says US equities were sharply lower Mon led by energy & fin'l sectors. Microsoft was down 2.7% due to its purchase of Yammer. Walmart was up 1.3% after its said it was adding new stores in Canada.
Pfizer: NYT pB7 "FDA unexpectedly delays move on anticlotting drug" by katie Thomas, Inv. Bus. Daily pA1 "Pfizer, Bristol-Myers queried" says Pfizer fell 1% after the FDA asked for more data on Eliquis, its stroke drug up for regulatory approval.
Procter & Gamble: No mentions found.
3M: No mentions found.
Travelers: No mentions found.
United Technologies: No mentions found.
Verizon: WSJ pB3 "Verizon Wireless, T-Mobile to swap airwave licenses" by Tom Gryta,, Inv. Bus. Daily pA4 "Verizon Spectrum sale may help cable deal" by Reinhardt Krause, AJC pA8 "Verizon strikes spectrum deal" by AP say T-Mobile USA Inc. is buying airwave lcienses & swapping some in a deal with Verizon Wireless that should aid Verizon in getting regulatory approval for its larger purchase of spectrum holdings from a group of cable firms. AT&T's bid for T-Mobile failed last year due to gov resistance.
Walmart: Fin Times p26 "Research in motion moves in a sharply downward direction" by Kandy Wong says US equities were sharply lower Mon led by energy & fin'l sectors. Microsoft was down 2.7% due to its purchase of Yammer. Walmart was up 1.3% after its said it was adding new stores in Canada.
Monday's Closing Dow Numbers:
| Symbol | Last Sale | Change | % Change | Share Volume | Market |
| T | | NYSE | |||
| AA | | NYSE | |||
| AXP | | NYSE | |||
| BAC | | NYSE | |||
| BA | | NYSE | |||
| CAT | | NYSE | |||
| CVX | | NYSE | |||
| CSCO | | NASDAQ-GS | |||
| KO | | NYSE | |||
| DIS | | NYSE | |||
| DD | | NYSE | |||
| GE | | NYSE | |||
| HPQ | | NYSE | |||
| HD | | NYSE | |||
| INTC | | NASDAQ-GS | |||
| IBM | | NYSE | |||
| JPM | | NYSE | |||
| JNJ | | NYSE | |||
| KFT | | NYSE | |||
| MCD | | NYSE | |||
| MRK | | NYSE | |||
| MSFT | | NASDAQ-GS | |||
| PFE | | NYSE |
************************
Here are the current CEOs of the Dow 30 Companies:
AT&T T Randall L. Stephenson (Dallas, TX)
Alcoa AA Klaus Kleinfeld (NY, NY)
American Express AXP Kenneth I. Chenault (NY, NY)
Bank of America BAC Brian T. Moynihan (Charlotte, N.C.)
Boeing BA W. James McNerney, Jr. (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 Alex Gorsky (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)
***************************
Here are the Dow Jones Industrial Average 30 as of 6/20/12 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 $397.5 [4.5]
2. Microsoft MSFT 260 [8.5]
3. IBM 229.5 [1]
4. WalMart WMT 233 [3.5]
5. Chevron CVX 204.5 [2]
6. AT&T T 207.5 [6]
7. GE 213 [10.5]
8.Procter & Gamble PG 165.5 [3]
9. Johnson & Johnson JNJ 184 [3]
10. Coke KO 170.5 [2.5]
11. Pfizer PFE 169.5 [7.5]
12. JPMorgan Chase JPM 138.5 [4]
13. Intel INTC 139 [5]
14. Verizon VZ 123 [3]
15. Merck MRK 119 [3]
16. McDonald's MCD 90 [1]
17. Cisco CSCO 94 [5.5]
18. Disney DIS 85.5 [2]
19. Bank of America BAC 87.5 [10.5]
20. Home Depot HD 81 [1.5]
21. United Technologies UTX 69 [1]
22. Kraft KFT 69 [2]
23. American Express AXP 66 [1]
24. Caterpillar CAT 57 [.5]
25. 3M MMM 60.5 [.5]
26. Boeing BA 54.5 [1]
27. DuPont DD 47.5 [1]
28. Hewlett-Packard HPQ 42 [2]
29. Travelers TRV 25 [.5]
30. Alcoa AA 9.5 [1]
****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 6/20/12:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
AT&T T: 6/14/12 8K re: sale of approx. $2 bil of notes
6/7/12 8K re completion of sale of AT&T Advertising Solutions to Cerebrus
5/4/12 10Q for Qtr ended 3/31
5/2/12 8K re: Results of Annual Stockholders Meeting
4/24/12 2 8Ks re: 1 Qtr results
Alcoa AA: 5/10/12 8K re: Results of Annual Shareholders Meeting
5/8/12 8K re: Sustainability Highlights Report
4/16/12 8K re: 1Q Earnings call transcript
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
American Express AXP: 6/15/12 8K re: delinq. & write-off stats 3/31, 4/30 & 5/31/12
6/13/12 8K re: fin'l presentation of Vice-Chair Edward Gilligan
5/15/12 8K re: delinquency & write-off stats thru 4/30
5/3/12 8K re: Annual Meeting of Shareholders results
5/1/12 10Q for Qtr ended 3/31
4/18/12 8K re: 1 Qtr results
4/16/12 8K re: delinq. & write-off stats thru 3/31
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
Bank of Am BAC: 5/25/12 8K re: repurchase of notes
5/9/12 8K re: results of Annual Shareholders meeting
5/4/12 8K re: change of presentation of fin'l info
5/3/12 10Q for Qtr ended 3/31
4/23/12 Proxy material for 5/9 Annual Meeting
4/19/12 8K 1Q results
4/11/12 8K re: reclassification of business segments
Boeing BA: 5/3/12 8K re: amendment to bylaws reducing number of directors from 12 to 114/25/12 10Q for quarter ended 3/31
4/25/12 8K re: 1 Qtr results
3/16/12 Proxy materials re: Annual Meeting of Shareholders 4/30/12 10 am Field Museum, Chicago
Caterpillar CAT: 6/20/12 8K re: 3 month dealer stats thru 5/12
6/18/12 8K re: amended by-laws re: date of annual stockholders meeting
6/14/12 8K re: election of Jon M. Huntsman, Jr. to Bd. of Dirs.
6/13/12 8K re: increase of quarterly div to 52 cents payable 8/20 to 7/20 record holders
5/17/12 8K re: 3 month dealer stats thru 4/12
5/7/12 10Q for 1 Qtr ended 3/31
4/25 8K re: 3/12 dealer stats
4/25/12 8K re: 1 Qtr results
4/23/12 Proxy re: 6/13/12 Annual Stockholders Meeting at San Antonio, Tx
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
Chevron CVX: 6/4/12 8K re: voting results from annual stockholders meeting
5/27/12 proxy re: recommendation to vote against all stockholder proposals
5/3/12 10Q for quarter ended 3/31
5/3/12 Proxy material re: voting recommendations
4/27/12 8K re: 1 Qtr results
4/12/12 & 3/29/12 Proxy material re: Annual Meeting of 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.
Cisco CSCO : 6/13/12 8K re: director's pre-arranged stock trading plan
5/23/12 10Q for quarter ended 4/28/12
5/9/12 8K re: 3 Qtr results
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
Coke KO: 5/25/12 Proxy material re: 7/10 Special stockholders meeting
5/15/12 Proxy re: special meeting of stockholders to approve stock split to be held at Atlanta on 7/10/12 to get invited email: shareownerservices@na.ko.com by 5/21
3/14/12 8K re: closing of sale of over $1 bil of notes
Disney DIS:6/11/12 8K re: $2.25 bil 5 year credit agreement
5/8/12 10Q for quarter ended 3/31
5/8/12 8K re: 1 Qtr results
3/16/12 8K re: amendment to 2011 Stock Incentive Plan
DuPont DD: 5/1/12 8K re: Annual meeting of stockholders results
4/24/12 10Q re: quarter ended 3/31
4/19/12 8K re: 1 Qtr results
4/17/12 Proxy re: voting recommendations
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.
ExxonMobil XOM: 6/1/12 8K re: voting results from annual shareholders meeting
5/16/12 proxy re: exec compensation
5/11/12 proxy re: voting recommendations
5/3/12 10Q ended 3/31
4/26/12 8K re: 1 Qtr results
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
GE: 6/12/12 8K re: election of Manjin Dekkers to Board of Dirs.
5/23/12 10Q/A amend 10Q for quarter ended 3/31/12
5/16/12 8K re: dividend of $475 mil from GECC to GE & increase of stock buyback program
5/9/12 10Q/A & 5/4/12 10Q for Qtr ended 3/31
4/30/12 8K amending employee incentive plan
4/20/12 8K re: 1 Qtr results
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
Hewlett-Packard HPQ: 6/8/12 10Q re: quarter ended 4/30/12
5/23/12 8K re: 2nd Qtr results
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
Home Depot HD: 5/24/12 10Q for quarter ended 4/29/12
5/22/12 8K re: voting results of 5/17 annual shareholders meeting
5/15/12 8K re: 1 Qtr results
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
Intel INTC: 5/22/12 8K re: voting results of annual stockholders meeting
5/11/12 8K re: Reg FD disclosure of webcast
5/7/12 8K re: 90 cents a share dividend
5/4/12 10Q for quarter ended 3/31
4/18/12 & 4/17/12 8Ks re: 1 Qtr results
4/4/12 Proxy material re: annual stockholders meeting 5/17/12 8:30 am HQ, Santa Clara, CA
IBM: 5/10/12 8K re: underwriting of notes
5/9/12 8K re: investor briefing materials
4/26/12 8K re: Annual stockholders meeting results
4/24/12 10Q re: Qtr ended 3/31
4/18/12 8K re: sale of IBM's Retail Store Solutions Business to Toshiba TEC
4/18/12 & 4/17/12 8Ks re: 1 Qtr results
JPMorganChase JPM: 6/13/12 8K re: CEO Jamie Dimon's testimony before US Senate Comm on Banking
6/12/12 8K re: redemption of $9 bil in Trust Preferred Capital Securities
5/18/12 8K re: Annual Meeting of Shareholders' results
5/15/12 8K re: retirement of Chief Inv. Office Ina Drew succeeded by Matthew E. Zames
5/10/12 10Q re: qtr ende 3/31
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
Johnson & Johnson JNJ : 6/14/12 8K re: completion of Synthes purchase for $19.7 cash/stock
6/12/12 8K re: repurchase of shares from Goldman Sachs & JPMorgan
6/8/12 8K re: special charge of $600 mil related to legal charges related to Risperdal, Invega & Naterecor
5/8/12 8K re: sale of DePuy Orthopaedics to Biomet
5/7/12 10Q re: qtr ended 4/1
4/27/12 8K re: results of annual meeting of stockholders
4/20/12 add'l proxy material
4/19/12 8K re: amendment to bylaws splitting the offices of Chairman & CEO
4/17/12 8K re: 1 Qtr results
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
Kraft KFT: 6/18/12 8K re: Exchange Offer
6/8/12 8K re: on 6/26 KFT to trade on NASDAQ not NYSE
5/31/12 8K re: issuance of $6 bil of notes
5/24/12 8K re: amendment of bylaws to do away with share certificates as of 6/15
5/22/12 8K re: 5 year revolving credit contract
5/18/12 8K re: favorable IRS ruling on tax-free nature of spin-off
5/14/12 proxy material re Annual meeting
5/4/12 10Q for qtr ended 3/31
5/3/12 8K re: 1 Qtr results
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.
McDonald's MCD: 6/18/12 8K re: stocks options to Donald Thompson CEO as of 7/1
6/11/12 8K re: May '12 sales
5/29/12 8K re: issuance of approx. $1 bil of notes
5/29/12 8K re: approval of officers' stock plan
5/8/12 8K re: April sales
5/8/12 10Q for quarter ended 3/31
4/20/12 8K re: 1 Qtr results
4/16/12 8K re: election of Tim Fenton as COO
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
Merck MRK: 5/25/12 8K re: voting results of 5/22 Annual meeting of shareholders
4/27/12 10Q re Qr ended 3/31
4/27/12 8K re: 1 Qtr results
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
Microsoft MSFT: 6/18/12 8K re: Amendment to By-laws re: timing of Annual Meeting of Shareholders
5/3/12 8K re: election of Steve Luczo to Board, he is CEO of Seagate Tech
4/19/12 10Q for qtr ended 3/31
4/19/12 8K re 1 Qtr results
Pfizer PFE: 5/23/12 8K re: exec promotions
5/10/12 10Q for quarter ended 4/1
5/1/12 8K re: 1 qtr results
4/27/12 8K re: results of annual meeting of shareholders
4/23/12 8K re: ale of Nutrition business to Nestle for $11.85 bil
44/16/12 add't'l proxy material
3/15/12 Proxy materials re: Annual meeting of shareholders 4/26/12 8:30 am Westin Governor Morris, Morristown, NJ
Procter & Gamble PG: 5/4/12 8K e: resentation of info re: Snack Business as a discontinued operation
4/27/12 10Q for qtr ended 3/31
4/27/12 2 8Ks re: 3 qtr results
4/13/12 8K re: dividend of 0.562 cents payable 5/15/12 to record holders at 4/27
3M MMM: 5/10/12 & 5/412 8Ks re: adoption of exec pre-arranged stock trading plans
5/9/12 2 8Ks re: approval of amendments to employee stock purchase plan
5/3/12 10Q for quarter ended 3/31
4/24/12 8K re: 1 qtr results
4/17/12 8K re: duties of Lead Independent Director
3/21/12 Proxy materials re: annual meeting of stockhodlers 5/8/12 10 am River Centre, St. Paul, Minn
Travelers TRV: 5/25/12 8K re: voting results of 5/23 Annual Meeting of Shareholders
4/19/12 10Q for quarter ended 3/31
4/19/12 8K re: results of quarter ended 3/31
4/10/12 Proxy materials re: Annual meeting of shareholders on 5/23/12 11 am Hartford, Marriott
United Technologies UTX: 6/18/12 8K re: issuance of equity unites
6/1/12 8K re: issuance of $9.8 bil of notes
4/30/12 10Q for quarter ended 3/31
4/24/12 8K re: 1 qtr results
4/13/12 8K re: retirement 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
Verizon Communications Inc. VZ: 5/9/12 8K re: results of annual shareholders meeting
4/26/12 10Q for quarter ended 3/31
4/19/12 8K re: 1 qtr results
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.
WalMart WMT: 6/4/12 8K re: voting results of Annual Meeting of Shareholders
6/1/12 10Q for quarter ended 4/30/12
5/17/12 8K re: operating results & guidance
4/16/12 proxy material re: Annual Meeting of Shareholders to be held 6/1 at 7 am at U. of Arkansas in Fayetteville, Ark.
3/27/12 10K for year ended 1/31/12 END
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