A read of the print editions of Wednesday'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 Tuesday's stock prices and related data in alphabetical order.
Dow Jones AverageThe Dow Jones Industrial Average closed Tuesday at 12,805.54 up 78.33 or 0.62% from Monday's close of 12,727.21 For the year the Dow is up 4.81%. Of the 30 Dow components 26 gained and 4 declined. The biggest gainer dollar-wise and percentage-wise was Disney up $1.49 or 3.11%. The biggest decliner dollar-wise and percentage-wise was IBM down $1.14 or 1.42%.
WSJ pC4 "Stocks shake off Fed, advance" by Chris Dieerich says stocks shook off the Fed chief's dour view of US growth, reversing early losses on hopes contral banekrs might be forced to aid the economy. Coke was up $1.21 after its 2Q earnings topped analysts' estimates. Johnson & Johnson rose 55 cents even after it reported 2Q rev that felll short of analysts' expectations & lowered '12 earnings outlook. Coke is charted under "Good News."
NYT pB8 "Earnings surprises buoy markets" by Reuters says stocks rose on Teus after Coke and Goldman joined the growing list of firms that exceeded forecasts and as Bernanke left the door open to more stimulus.
USA Today p4B "Stocks rally, erae early losses on rekindled faith int he fed" by Bloomberg says stocks mounted an afternoon rally Tues erasing earlier losses as Ben Bernanke told senators the central banks is prepared to act to boost growth fi the labor market doesn't improve. Disney was up $1.49 and set an all time high. Bank of America raised its rating on Disney to buy from neutral citing a boost to '12 earnings from Marvel's the Avengers and profit next year from the opening of Cars Lands. Coke was up $1.21 as it topped analysts' estimated helped by pricing increases in N. Amer.
Fin Times p22 "State Street slides afer posting lacklustre quarterly rev" by Anora Mahmudova says US equities ended yesterday's session higher as investors focused on earnings reports & economic news & mostly shrugged off Bernanke's testimony to Congress. Coke rose 1.6% after it reported a smaller than expected decline in 2Q earnings. It cited the strong dollar & a slowdon in Europe as the reasons for a sales drop. Johnson & Johnson rose 0.8% in spite of it reporting a steep drop in earnings & lowering its profits forecast. Microsoft shrugged off news that it might face penalties in Europe due to antitrust issues. Intel's 2Q results announced after the market's close were below estimates. Iit closed 1% higher but dropped 0.8% in after market trading.
Inv. Bus. Daily pB4 "Major indexes rebound; big caps beat EPS views" by David Saito-Chung says stocks rebounded in higher vol Tues ont he back of a positive batch of 2Q earnigns surprises. Action was moderate rebound in higher vol while the current outlook is uprend udner pressure.
As of the open of the market on Wednesday the current divisor for the Dow Jones Industrial Average found at page C6 of Wednesday's Wall St. Journal is 0.132129493. Wednesday's trailing P/E ratio is 14.34 up from yesterday's trailing P/E ratio of 14.27 (year ago it was 14.23); today's P/E estimate is 12.23 unchanged from Tuesday's P/E estimate of 12.23 (year ago it was 12.60) and today's dividend yield is 2.62 unchanged from yesterday's dividend yield of 2.62 (last year it was 2.40). 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 1,691.99 up 10.35 from Monday's closing numerator of 1,681.64. 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 $56.40 up 0.35 from Monday's average closing price of $56.05. The median closing price of Tuesday's Dow Jones Industrial Average was $50.04 (HD/DIS) up $0.38 from Monday's median closing price of $49.66 (HD/DIS. 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 $1,035 ($169,199 - $168,164).
MarketWatch
Tues.
4:35 by Kate Gibson says U.S. stocks reclaimed Tuesday gains after Federal Reserve
Chairman Ben Bernanke spoke and Wall Street’s gaze returned to solid
results from Goldman Sachs Group Inc. and Coca-Cola Co.“We had good reports from Goldman
GS
+0.31%
and Coca-Cola
KO
+1.58%
; not only did they beat expectations, but they did so by a pretty wide
margin,” said Andrew Fitzpatrick, director of investments at Hinsdale
Associates. “Banks seem to be holding up fairly well, and that’s one of
the riskier sectors. When you see strength there, it tends to bode well
for the rest of the market.”“There was nothing disastrous from Bernanke, and there may be a bit of
relief here that there is nothing to talk about in terms of QE3,” added
Fitzpatrick of the market’s fixation on prospects of a third round of
quantitative easing.Testifying before the Senate Banking Committee, Bernanke reiterated that
the central bank was prepared to make further moves to bolster the
recovery, if warranted. It’s now “becoming a question of does the market really want QE3, given
the mixed results of the previous one. It may be better to try to just
muddle through here,” according to Fitzpatrick.Gov. Mervyn King and Bank of England deputy Paul Tucker face
questions from a U.K. parliamentary committee. The central bank had no
evidence that banks were deliberately misreporting their borrowing costs
in 2008, King says. After sliding 82 points and rising as much as 102 points, the Dow Jones Industrial Average
DJIA
+0.62%
finished at 12,805.54, up 78.33 points, or 0.6%. The index had 26 of
its 30 components finish higher, led by Walt Disney Co.
DIS
+3.11%
, up 3.1% after Bank of America Corp. upgraded the entertainment conglomerate to a buy rating.
Blue-chip gainers also included Coca-Cola, up 1.6% after the beverage
maker reported second-quarter profit that surpassed expectations. The S&P 500 Index
SPX
+0.74%
advanced 10.03 points, or 0.7%, to 1,363.67, with health care, natural
resources and telecommunications the best performers of its 10
sectors.Shares of Goldman Sachs gained 0.3% after the Wall Street bank
reported
second-quarter profit above estimates and said it was selling its
hedge-fund administration unit to State Street Corp.
STT
-6.37%
, shares of which lost 6.4%.
Mattel shares jump after profit tops targets.Mattel Inc.
MAT
+9.70%
leapt 9.7% after the toy maker reported second-quarter profit that beat average estimates.The Nasdaq Composite Index
COMP
+0.45%
climbed 13.10 points, or 0.5%, to 2,910.04.For every five stocks on the decline, eight rose on the New York Stock
Exchange, where nearly 698 million shares traded. Composite volume
topped 3.5 billion.The U.S. dollar
DXY
-0.17%
dropped against other global currencies, including the euro, while
Treasury prices fell, with the yield on the 10-year note
10_YEAR
+1.96%
rising to 1.506%.Oil prices
CLQ2
+0.81%
rose 0.9% to $89.22 a barrel, while gold futures
GCQ2
-0.63%
fell $2.10, or 0.1%, to end at $1,589.50 an ounce.
Data
from the Federal Reserve had U.S. industrial production rising 0.4%
in June, with the pickup in manufacturing better than expected.Another
government report showed consumer prices holding steady last
month, while a gauge of the housing market climbed to its best level
since March 2007.
Wednesday's Dow News followed by Tuesday's Closing Dow Numbers:
AT&T: No mentions found.
Alcoa:No mentions found.
American Express:No mentions found.
Bank of America: USA Today p4B "Stocks rally, erae early losses on rekindled faith int he fed" by Bloomberg says stocks mounted an afternoon rally Tues erasing earlier losses as Ben Bernanke told senators the central banks is prepared to act to boost growth fi the labor market doesn't improve. Disney was up $1.49 and set an all time high. Bank of America raised its rating on Disney to buy from neutral citing a boost to '12 earnings from Marvel's the Avengers and profit next year from the opening of Cars Lands. Coke was up $1.21 as it topped analysts' estimated helped by pricing increases in N. Amer.
Boeing:No mentions found.
Caterpillar:No mentions found.
Chevron:No mentions found.
Cisco:No mentions found.
Coke: WSJ pB9 "Higher costs hit coca-Cola's net" by Paul Ziobro, NYT pB6 "coca-Cola sales rise 3%; profit falls slightly" by Stephanie Strom, AJC pA13 "Coca-Cola, Fin times p14 "Coke and J&J hit by strength of dollar" by Alan Rappeport reports 1% growth" by Leon Stafford say Cokes sales grew in 2Q as its global scope & introduction of more drink sizes at different prices helped it overcome economic uncertainty including jitters in Europe & a cooling economy in China. Coke had a 2Q profit of $2.79 bil or $1.21 a sahre down from $2.8 bil or $1.20 a year earlier. Rev rose 2.7% to $13.09 bil.
WSJ pC4 "Stocks shake off Fed, advance" by Chris Dieerich says stocks shook off the Fed chief's dour view of US growth, reversing early losses on hopes contral banekrs might be forced to aid the economy. Coke was up $1.21 after its 2Q earnings topped analysts' estimates. Johnson & Johnson rose 55 cents even after it reported 2Q rev that felll short of analysts' expectations & lowered '12 earnings outlook. Coke is charted under "Good News."
USA Today p4B "Stocks rally, erae early losses on rekindled faith int he fed" by Bloomberg says stocks mounted an afternoon rally Tues erasing earlier losses as Ben Bernanke told senators the central banks is prepared to act to boost growth fi the labor market doesn't improve. Disney was up $1.49 and set an all time high. Bank of America raised its rating on Disney to buy from neutral citing a boost to '12 earnings from Marvel's the Avengers and profit next year from the opening of Cars Lands. Coke was up $1.21 as it topped analysts' estimated helped by pricing increases in N. Amer.
NYT pB8 "Earnings surprises buoy markets" by Reuters says stocks rose on Teus after Coke and Goldman joined the growing list of firms that exceeded forecasts and as Bernanke left the door open to more stimulus.
Fin Times p22 "State Street slides afer posting lacklustre quarterly rev" by Anora Mahmudova says US equities ended yesterday's session higher as investors focused on earnings reports & economic news & mostly shrugged off Bernanke's testimony to Congress. Coke rose 1.6% after it reported a smaller than expected decline in 2Q earnings. It cited the strong dollar & a slowdon in Europe as the reasons for a sales drop. Johnson & Johnson rose 0.8% in spite of it reporting a steep drop in earnings & lowering its profits forecast. Microsoft shrugged off news that it might face penalties in Europe due to antitrust issues. Intel's 2Q results announced after the market's close were below estimates. Iit closed 1% higher but dropped 0.8% in after market trading.
Disney: USA Today p4B "Stocks rally, erae early losses on rekindled faith int he fed" by Bloomberg says stocks mounted an afternoon rally Tues erasing earlier losses as Ben Bernanke told senators the central banks is prepared to act to boost growth fi the labor market doesn't improve. Disney was up $1.49 and set an all time high. Bank of America raised its rating on Disney to buy from neutral citing a boost to '12 earnings from Marvel's the Avengers and profit next year from the opening of Cars Lands. Coke was up $1.21 as it topped analysts' estimated helped by pricing increases in N. Amer.
DuPont: No mentions found.
Exxon: No mentions found.
GE: No mentions found.
Hewlett-Packard: No mentions found.
Home Depot: No mentions found.
Intel: WSJ pB4 "Intel cuts guidance as demand sags" by Don Clark, NYT pB2 "Intel's income rises, but company warns of slower growth" by Quentin Hardy, Inv. Bus. daily pA1 "Intel cuts outlook on economic woes, but Q2 profit beats" by Parick Seitz, AJC pA14 "Intel's rev unlikely to meet expectations", say Intel had a 4% drop in 2Q profit & lowered its fin'l guidance for the year due to weaker demand for PCs. It now expects rev to rise by 3% to 5% down from a prior prediction for high single digit growth. Some Custoerms are holding off buying its Ultrabooks for the arrival of Microsoft's new Windows 8 to be out in OC. Intel's results included a 4% increase in rev from year ago and 5% increase from 1Q. Intels net income for qtr ended 6/30 was $2.83 bil down from $2.95 bil a year ago. Rev rose to $13.5 from $13 bil.
Fin Times p22 "State Street slides afer posting lacklustre quarterly rev" by Anora Mahmudova says US equities ended yesterday's session higher as investors focused on earnings reports & economic news & mostly shrugged off Bernanke's testimony to Congress. Coke rose 1.6% after it reported a smaller than expected decline in 2Q earnings. It cited the strong dollar & a slowdon in Europe as the reasons for a sales drop. Johnson & Johnson rose 0.8% in spite of it reporting a steep drop in earnings & lowering its profits forecast. Microsoft shrugged off news that it might face penalties in Europe due to antitrust issues. Intel's 2Q results announced after the market's close were below estimates. Iit closed 1% higher but dropped 0.8% in after market trading.
IBM: WSJ pB3 "As economy cools, IBM furthers focus on marketers" by Spencer Ante says IBM is broadening its attention to chief information officer to include chief marketing officers who now take on more responsibility to mnage custoemr relationships across multiple fronts.
JPMorgan: NYT pB7 "Dealbook online" by Peter Henning says new infrom released by JPMOrgan will most likely push US and UK regulators to take a further look at their traders.
Johnson & Johnson: WSJ pB9 "J&J profit slips amid risng costs" by Peter Loftus, AJC pA14 "Johnson & Johnson lowers profit forecast", Fin times p14 "Coke and J&J hit by strength of dollar" by Alan Rappeport say Johnson & Johnson reported a 49% decline in 2Q profit due to higher acquisition related & legal costs, while product supply disruptions & negative currency trends contributed to a sales decrease. J&J earned $1.41 bil or 50 cents a share compared with $2.78 bil or $1 a sahre a year earlier. Rev declined 0.7% to $16.48 bil from $16.6 bil a year ago.
WSJ pC4 "Stocks shake off Fed, advance" by Chris Dieerich says stocks shook off the Fed chief's dour view of US growth, reversing early losses on hopes contral banekrs might be forced to aid the economy. Coke was up $1.21 after its 2Q earnings topped analysts' estimates. Johnson & Johnson rose 55 cents even after it reported 2Q rev that felll short of analysts' expectations & lowered '12 earnings outlook. Coke is charted under "Good News."
WSJ pB2 "FDA grants approval to diet pill from vivus" by Jennifer Dooren says also there is a diet pill that uses the drug Topamax from Johnson & Johnson that is currently used to treat migraines & seizures but increases the sense of being full.
Fin Times p22 "State Street slides afer posting lacklustre quarterly rev" by Anora Mahmudova says US equities ended yesterday's session higher as investors focused on earnings reports & economic news & mostly shrugged off Bernanke's testimony to Congress. Coke rose 1.6% after it reported a smaller than expected decline in 2Q earnings. It cited the strong dollar & a slowdon in Europe as the reasons for a sales drop. Johnson & Johnson rose 0.8% in spite of it reporting a steep drop in earnings & lowering its profits forecast. Microsoft shrugged off news that it might face penalties in Europe due to antitrust issues. Intel's 2Q results announced after the market's close were below estimates. Iit closed 1% higher but dropped 0.8% in after market trading.
Kraft: WSJ pB1 "chocolate: a health food?" by Marta Falconi says Kraft, which sells Cadbury overseas and not in the US, supports the use of health claims so long as they are true re: claims that chocolate is healthy.
McDonald's: No mentions found.
Merck: No mentions found.
Microsoft: WSJ pB4 "Microsoft is hit in Browser flap" by Vanessa Mock, NYT pB3 "Microsoft faces a new antitrust action & fines in Europe" by James Kanter, IBD pA2 "Europe opens Microsoft probe", say the EU antitrust regulator said Microsoft is breaching its promise re: a probe in the way its tied Windows users to its own Web browsers putting it on the line for more fines.
WSJ pB4 "Intel cuts guidance as demand sags" by Don Clark say Intel had a 4% drop in 2Q profit & lowered its fin'l guidance for the year due to weaker demand for PCs. It now expects rev to rise by 3% to 5% down from a prior prediction for high single digit growth. Some Custoerms are holding off buying its Ultrabooks for the arrival of Microsoft's new Windows 8 to be out in OC. Intel's results included a 4% increase in rev from year ago and 5% increase from 1Q. Intels net income for qtr ended 6/30 was $2.83 bil down from $2.95 bil a year ago. Rev rose to $13.5 from $13 bil.
Fin Times p22 "State Street slides afer posting lacklustre quarterly rev" by Anora Mahmudova says US equities ended yesterday's session higher as investors focused on earnings reports & economic news & mostly shrugged off Bernanke's testimony to Congress. Coke rose 1.6% after it reported a smaller than expected decline in 2Q earnings. It cited the strong dollar & a slowdon in Europe as the reasons for a sales drop. Johnson & Johnson rose 0.8% in spite of it reporting a steep drop in earnings & lowering its profits forecast. Microsoft shrugged off news that it might face penalties in Europe due to antitrust issues. Intel's 2Q results announced after the market's close were below estimates. Iit closed 1% higher but dropped 0.8% in after market trading.
Pfizer: No mentions found.
Procter & Gamble: No mentions found.
3M: No mentions found.
Travelers: No mentions found.
United Technologies: No mentions found.
Verizon: No mentions found.
Walmart: No mentions found.
Wednesday's Dow News followed by Tuesday's Closing Dow Numbers:
AT&T: No mentions found.
Alcoa:No mentions found.
American Express:No mentions found.
Bank of America: USA Today p4B "Stocks rally, erae early losses on rekindled faith int he fed" by Bloomberg says stocks mounted an afternoon rally Tues erasing earlier losses as Ben Bernanke told senators the central banks is prepared to act to boost growth fi the labor market doesn't improve. Disney was up $1.49 and set an all time high. Bank of America raised its rating on Disney to buy from neutral citing a boost to '12 earnings from Marvel's the Avengers and profit next year from the opening of Cars Lands. Coke was up $1.21 as it topped analysts' estimated helped by pricing increases in N. Amer.
Boeing:No mentions found.
Caterpillar:No mentions found.
Chevron:No mentions found.
Cisco:No mentions found.
Coke: WSJ pB9 "Higher costs hit coca-Cola's net" by Paul Ziobro, NYT pB6 "coca-Cola sales rise 3%; profit falls slightly" by Stephanie Strom, AJC pA13 "Coca-Cola, Fin times p14 "Coke and J&J hit by strength of dollar" by Alan Rappeport reports 1% growth" by Leon Stafford say Cokes sales grew in 2Q as its global scope & introduction of more drink sizes at different prices helped it overcome economic uncertainty including jitters in Europe & a cooling economy in China. Coke had a 2Q profit of $2.79 bil or $1.21 a sahre down from $2.8 bil or $1.20 a year earlier. Rev rose 2.7% to $13.09 bil.
WSJ pC4 "Stocks shake off Fed, advance" by Chris Dieerich says stocks shook off the Fed chief's dour view of US growth, reversing early losses on hopes contral banekrs might be forced to aid the economy. Coke was up $1.21 after its 2Q earnings topped analysts' estimates. Johnson & Johnson rose 55 cents even after it reported 2Q rev that felll short of analysts' expectations & lowered '12 earnings outlook. Coke is charted under "Good News."
USA Today p4B "Stocks rally, erae early losses on rekindled faith int he fed" by Bloomberg says stocks mounted an afternoon rally Tues erasing earlier losses as Ben Bernanke told senators the central banks is prepared to act to boost growth fi the labor market doesn't improve. Disney was up $1.49 and set an all time high. Bank of America raised its rating on Disney to buy from neutral citing a boost to '12 earnings from Marvel's the Avengers and profit next year from the opening of Cars Lands. Coke was up $1.21 as it topped analysts' estimated helped by pricing increases in N. Amer.
NYT pB8 "Earnings surprises buoy markets" by Reuters says stocks rose on Teus after Coke and Goldman joined the growing list of firms that exceeded forecasts and as Bernanke left the door open to more stimulus.
Fin Times p22 "State Street slides afer posting lacklustre quarterly rev" by Anora Mahmudova says US equities ended yesterday's session higher as investors focused on earnings reports & economic news & mostly shrugged off Bernanke's testimony to Congress. Coke rose 1.6% after it reported a smaller than expected decline in 2Q earnings. It cited the strong dollar & a slowdon in Europe as the reasons for a sales drop. Johnson & Johnson rose 0.8% in spite of it reporting a steep drop in earnings & lowering its profits forecast. Microsoft shrugged off news that it might face penalties in Europe due to antitrust issues. Intel's 2Q results announced after the market's close were below estimates. Iit closed 1% higher but dropped 0.8% in after market trading.
Disney: USA Today p4B "Stocks rally, erae early losses on rekindled faith int he fed" by Bloomberg says stocks mounted an afternoon rally Tues erasing earlier losses as Ben Bernanke told senators the central banks is prepared to act to boost growth fi the labor market doesn't improve. Disney was up $1.49 and set an all time high. Bank of America raised its rating on Disney to buy from neutral citing a boost to '12 earnings from Marvel's the Avengers and profit next year from the opening of Cars Lands. Coke was up $1.21 as it topped analysts' estimated helped by pricing increases in N. Amer.
DuPont: No mentions found.
Exxon: No mentions found.
GE: No mentions found.
Hewlett-Packard: No mentions found.
Home Depot: No mentions found.
Intel: WSJ pB4 "Intel cuts guidance as demand sags" by Don Clark, NYT pB2 "Intel's income rises, but company warns of slower growth" by Quentin Hardy, Inv. Bus. daily pA1 "Intel cuts outlook on economic woes, but Q2 profit beats" by Parick Seitz, AJC pA14 "Intel's rev unlikely to meet expectations", say Intel had a 4% drop in 2Q profit & lowered its fin'l guidance for the year due to weaker demand for PCs. It now expects rev to rise by 3% to 5% down from a prior prediction for high single digit growth. Some Custoerms are holding off buying its Ultrabooks for the arrival of Microsoft's new Windows 8 to be out in OC. Intel's results included a 4% increase in rev from year ago and 5% increase from 1Q. Intels net income for qtr ended 6/30 was $2.83 bil down from $2.95 bil a year ago. Rev rose to $13.5 from $13 bil.
Fin Times p22 "State Street slides afer posting lacklustre quarterly rev" by Anora Mahmudova says US equities ended yesterday's session higher as investors focused on earnings reports & economic news & mostly shrugged off Bernanke's testimony to Congress. Coke rose 1.6% after it reported a smaller than expected decline in 2Q earnings. It cited the strong dollar & a slowdon in Europe as the reasons for a sales drop. Johnson & Johnson rose 0.8% in spite of it reporting a steep drop in earnings & lowering its profits forecast. Microsoft shrugged off news that it might face penalties in Europe due to antitrust issues. Intel's 2Q results announced after the market's close were below estimates. Iit closed 1% higher but dropped 0.8% in after market trading.
IBM: WSJ pB3 "As economy cools, IBM furthers focus on marketers" by Spencer Ante says IBM is broadening its attention to chief information officer to include chief marketing officers who now take on more responsibility to mnage custoemr relationships across multiple fronts.
JPMorgan: NYT pB7 "Dealbook online" by Peter Henning says new infrom released by JPMOrgan will most likely push US and UK regulators to take a further look at their traders.
Johnson & Johnson: WSJ pB9 "J&J profit slips amid risng costs" by Peter Loftus, AJC pA14 "Johnson & Johnson lowers profit forecast", Fin times p14 "Coke and J&J hit by strength of dollar" by Alan Rappeport say Johnson & Johnson reported a 49% decline in 2Q profit due to higher acquisition related & legal costs, while product supply disruptions & negative currency trends contributed to a sales decrease. J&J earned $1.41 bil or 50 cents a share compared with $2.78 bil or $1 a sahre a year earlier. Rev declined 0.7% to $16.48 bil from $16.6 bil a year ago.
WSJ pC4 "Stocks shake off Fed, advance" by Chris Dieerich says stocks shook off the Fed chief's dour view of US growth, reversing early losses on hopes contral banekrs might be forced to aid the economy. Coke was up $1.21 after its 2Q earnings topped analysts' estimates. Johnson & Johnson rose 55 cents even after it reported 2Q rev that felll short of analysts' expectations & lowered '12 earnings outlook. Coke is charted under "Good News."
WSJ pB2 "FDA grants approval to diet pill from vivus" by Jennifer Dooren says also there is a diet pill that uses the drug Topamax from Johnson & Johnson that is currently used to treat migraines & seizures but increases the sense of being full.
Fin Times p22 "State Street slides afer posting lacklustre quarterly rev" by Anora Mahmudova says US equities ended yesterday's session higher as investors focused on earnings reports & economic news & mostly shrugged off Bernanke's testimony to Congress. Coke rose 1.6% after it reported a smaller than expected decline in 2Q earnings. It cited the strong dollar & a slowdon in Europe as the reasons for a sales drop. Johnson & Johnson rose 0.8% in spite of it reporting a steep drop in earnings & lowering its profits forecast. Microsoft shrugged off news that it might face penalties in Europe due to antitrust issues. Intel's 2Q results announced after the market's close were below estimates. Iit closed 1% higher but dropped 0.8% in after market trading.
Kraft: WSJ pB1 "chocolate: a health food?" by Marta Falconi says Kraft, which sells Cadbury overseas and not in the US, supports the use of health claims so long as they are true re: claims that chocolate is healthy.
McDonald's: No mentions found.
Merck: No mentions found.
Microsoft: WSJ pB4 "Microsoft is hit in Browser flap" by Vanessa Mock, NYT pB3 "Microsoft faces a new antitrust action & fines in Europe" by James Kanter, IBD pA2 "Europe opens Microsoft probe", say the EU antitrust regulator said Microsoft is breaching its promise re: a probe in the way its tied Windows users to its own Web browsers putting it on the line for more fines.
WSJ pB4 "Intel cuts guidance as demand sags" by Don Clark say Intel had a 4% drop in 2Q profit & lowered its fin'l guidance for the year due to weaker demand for PCs. It now expects rev to rise by 3% to 5% down from a prior prediction for high single digit growth. Some Custoerms are holding off buying its Ultrabooks for the arrival of Microsoft's new Windows 8 to be out in OC. Intel's results included a 4% increase in rev from year ago and 5% increase from 1Q. Intels net income for qtr ended 6/30 was $2.83 bil down from $2.95 bil a year ago. Rev rose to $13.5 from $13 bil.
Fin Times p22 "State Street slides afer posting lacklustre quarterly rev" by Anora Mahmudova says US equities ended yesterday's session higher as investors focused on earnings reports & economic news & mostly shrugged off Bernanke's testimony to Congress. Coke rose 1.6% after it reported a smaller than expected decline in 2Q earnings. It cited the strong dollar & a slowdon in Europe as the reasons for a sales drop. Johnson & Johnson rose 0.8% in spite of it reporting a steep drop in earnings & lowering its profits forecast. Microsoft shrugged off news that it might face penalties in Europe due to antitrust issues. Intel's 2Q results announced after the market's close were below estimates. Iit closed 1% higher but dropped 0.8% in after market trading.
Pfizer: No mentions found.
Procter & Gamble: No mentions found.
3M: No mentions found.
Travelers: No mentions found.
United Technologies: No mentions found.
Verizon: No mentions found.
Walmart: No mentions found.
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 | |||
| XOM | | 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 |
*********************
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)
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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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