The Dow Jones Industrial Average closed Wednesday at 13,344.97 down 128.56 or 0.95 % from Tuesday's close of 13,473.53. Of the Dow components 4 gained, Bank of America was unchanged and 25 declined. The biggest gainer dollar-wise and percentage-wise was Walmart up $1.28 or 1.73%. The biggest decliner dollar-wise was Chevron down 44.91 and percentage-wise was Alcoa down 4.6%.
As of the open of the market on Wednesday the current divisor for the Dow Jones Industrial Average found at page C5 of Wednesday's Wall St. Journal is 0.130216081. Wednesday's trailing P/E ratio is 14.67 down from yesterday's trailing P/E ratio of 14.79 (year ago it was 12.74); today's P/E estimate is 12.79 unchanged from Tuesday's P/E estimate of 12.79 (year ago it was 11.25) and today's dividend yield is 2.52 up from yesterday's dividend yield of 2.50 (last year it was 2.71). 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.
Wednesday's Dow Jones Industrial Average closing numerator was 1,737.73 down 16.84 from Tuesday's closing numerator of 1,754.47. 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 (0.130216081) you get the decrease in today's Dow. A dollar increase or decrease in a Dow stock results in a $7.68 change in the Dow Index.
The average closing price (the closing numerator divided by 30) of Wednesday's Dow Jones Industrial Average was $57.92 down 56 cents from Tuesday's closing numerator of $58.48. The median closing price of Wednesday's Dow Jones Industrial Average was $54.16 (DIS/UNH) down 33 cents from Tuesday's median closing price of $54.49 (DIS/UNH). The lowest volume was Travelers and the highest volume again was Bank of America.
If Wednesday 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 or dividends) and sold at the close you would have lost $1,684 ($175,447 - $173,773).
MarketWatch.com Wed. 10/10/12 4:37 pm by Kate Gibson says US stocks fell sharply Wednesday, with the S&P 500 Index ending lower for a fourth consecutive trading session, after aluminum producer Alcoa Inc. cut its global demand outlook and Chevron Corp. warned of lower earnings.
The S&P 500 / SPX -0.62% declined 8.92 points, or 0.6%, to close at 1,432.56, with energy the greatest laggard and financials the best performer of its major industry groups. “Sooner or later you give some back. Given how optimistic the markets had become, there is room for disappointment,” said Bruce McCain, chief investment strategist at Key Private Bank in Cleveland. Reiterating Wall Street is in need of consolidation after a climb that has the S&P 500 Index up nearly 14% on the year, McCain believes a pullback to between 1,365 and 1,400 would not be unreasonable, and would “take a little air out of the inflated sentiment bubble in the market.” The major indexes retained the bulk of their losses after the release of the Federal Reserve’s Beige Book of economic conditions, which found modest expansion since the prior report. The information “is nothing we don’t already know nationally with just regional differentiation of note,” Peter Boockvar, equity strategist at Miller Tabak, said in an emailed comment. The Dow Jones Industrial Average DJIA -0.95% fell 128.56 points, or 1%, to close at 13,344.97, dropping for a third trading session. Of the 30 Dow components, 26 ended lower. Alcoa AA -4.60% was the biggest loser in the Dow, falling 4.6%. The aluminum company late Tuesday reported third-quarter profit that topped expectations on increased demand from airplane and automobile makers, but trimmed its forecast for the world’s appetite for the metal it produces, citing China’s economic slowdown. Alcoa’s results were “a little better than expected, but it’s difficult to judge an entire earnings season because of Alcoa, a weak stock in what has been a weak sector the entire year,” said Randy Frederick, managing director of active trading and derivatives at Charles Schwab. Chevron CVX -4.18% was another big decliner in the Dow, with the stock sinking 4.2%. The oil company late Tuesday warned falling crude prices and reduced production would result in “substantially lower” earnings. Chevron’s stock was also hit the day after the Supreme Court declined to halt a $19 billion judgment against Chevron by an Ecuadorean court for polluting the Amazon. Wal-Mart Stores Inc. WMT +1.73% rose 1.7%, leading blue-chip gains after the discount retailer said it would add U.S. stores after a “very strong” back-to-school season. The Nasdaq CompositeCOMP -0.43% retreated 13.24 points, or 0.4%, to end at 3,051.78. Around 590 million shares traded on the New York Stock Exchange. Composite volume topped 3.2 billion shares. “The key for us is QE3 pushed the S&P 500 to a level we thought we could get to by Dec. 31, not Sept. 30, so now we have to wait for the solid data to catch up with the enthusiasm,” Jack Ablin, chief investment officer at BMO Private Bank in Chicago, said of the Federal Reserve’s third round of quantitative easing, launched late last month. Alcoa kicked off earnings season with positive news, beating EPS and revenue estimates. “Companies have been guiding their outlooks down and I’m hopeful that now — [in] the first negative quarter in earnings since who knows when — we’ll be able to jump over the limbo stick, because it’s so low,” said BMO’s Ablin. On Wednesday, Yum Brands Inc. YUM +8.04% shares rallied 8% a day after the owner of the Taco Bell and KFC fast-food chains reported better-than-expected quarterly income on increased sales in the United States and China. Job openings fell for a second month in August, down by 32,000 to 3.561 million from a revised 3.593 million the month before, the Labor Department reported. Business leaders are reluctant to hire ahead of the U.S. presidential election, said Ablin, who added the hesitation has more to do with uncertainty than worries about which candidate wins. “It’s a matter of having clarity rather than the outcome, to know what the rules are before writing the check,” he said.
Wednesday'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 | |||
| MCD | | NYSE | |||
| MRK | | NYSE | |||
| MSFT | | NASDAQ-GS | |||
| PFE | | NYSE | |||
| PG | | NYSE |
| MMM | | NYSE | |||
| TRV | | NYSE | |||
| UNH | | NYSE | |||
| UTX | | NYSE | |||
| VZ | | DualListed | |||
| WMT | | NYSE |
*************************
The following are excerpts from Wed. morning's Blog.
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 Industrial Average: The Dow Jones Industrial Average closed Tuesday at 13,473.53 down 110.12 or 0.81 % from Monday's close of 13,583.65. For the year the Dow is up 10.28%. Of the Dow components 3 gained and 27 declined. The biggest gainer dollar-wise and percentage-wise was McDonald's up 59 cents or 0.64%. The biggest decliner dollar-wise was IBM $1.60 and percentage-wise was Intel down 2.71%.
WSJ pC4 "Stocks fall on gloomy IMF growth forecast" by Chris Dieterich says stocks tumbled after a disheartening economic growth forecast from the IMF put investors on the defensive before the start of the earnings season. Intel and Microsoft were the worst performing stocks in the Dow each falling about 1.7%. Alcoa kicked off the reporting season when it released its quarterly earnings after the markets closed.
NYT pB5 "IMF forecast discourages investors" by AP says stocks slumped Tues after the IMF predicted weaker world economic growth & as investors waited for expected disappointing series of corp earnings. Alcoa said it earned 3 cents a share while analysts were expectting the firm to break even.
IBD pB6 "Stocks slump as turnover rises; rally under pressure" Victor Reklaitis says the main indexes & leading stocks struggled Tues as the market uptrend came under pressure. Tues's action saw higher volume sell off as more leaders falter. The current outlook has changed to uptrend under pressure. Alcoa rose in late trading after its Q3 EPS and rev topped expectations.
Tuesday's Dow Jones Industrial Average closing numerator was 1,754.47 down 13.64 from Monday's closing numerator of 1,768.11. 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 (0.130216081) you get the decrease in today's Dow. A dollar increase or decrease in a Dow stock results in a $7.68 change in the Dow Index.
The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was $58.48 down 48 cents from Monday's closing numerator of $58.96. The median closing price of Tuesday's Dow Jones Industrial Average was $54.49 (DIS/UNH) down 88 cents from Monday's median closing price of $54.97 (DIS/UNH). 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 or dividends) and sold at the close you would have lost $1,364 ($176,881 - $175,447).
MarketWatch.com Tues. 10/9/12 3:33 pm by Kate Gibson says US stocks fell sharply Tuesday, with the S&P 500 index and Nasdaq extending losses into a third day, as investors braced for earnings and the International Monetary Fund cut global-growth outlooks. “Earnings season is not starting off to be a good one,” offered Bruce McCain, chief investment strategist at Key Private Bank.
German Chancellor Angela Merkel visits Greece while the country remains locked in negotiations with its creditors over a package of austerity measures. The Dow Jones Industrial Average DJIA-0.81% shed 100.9 points, or 0.8%, to 13,482.6. Dow component and aluminum producer Alcoa Inc. AA +0.44% is slated to release its third-quarter results after the market close. The S&P 500 index SPX-0.99% fell 11.90 points, or 0.8%, to 1,443.98, with energy the sole sector to remain in positive terrain among its 10 major industries as oil prices jumped on heightened tensions in the Middle East. On the New York Mercantile Exchange, crude futures for November delivery CLX2+3.38% rallied $3.06 to $92.39 a barrel. The Nasdaq Composite COMP-1.52% shed 41 points, or 1.3%, to 3,071.35. Apple Inc. AAPL+0.20% slid into correction mode, meaning it retreated more than 10% from its record $702.10 on Sept. 19, with the smartphone maker falling to as low as $623.55 a share, and lately off 44 cents at $637.73. “Tech is weak across the board, and we’re going into an earnings season that is going to be the toughest in three years,” said Peter Boockvar, equity strategist at Miller Tabak. Intel Corp. INTC-2.71% lost 2.8% after Sanford C. Bernstein & Co. downgraded shares of the Dow component and semiconductor maker. Netflix Inc.NFLX-10.87% fell 9.9% after Bank of America Corp. cut its rating to underperform. Edwards Lifesciences Corp. EW -21.24% sank 20% after warning initial third-quarter sales would fall below expectations. For every stock rising more than two fell on the New York Stock Exchange, where 353 million shares traded as of 3:15 p.m. Eastern. Composite volume topped 2.3 billion. “We’re in the sobering up period; last month was so euphoric, the Fed gave us everything we wanted and more, all the problems in Europe were solved, and now it’s the morning after and we realize there are still problems in Europe, and with the IMF report, maybe we’re tilting back towards recession, at least on a global basis,” said McCain at Key Private Bank. And, the fact that the U.S. presidential race seems to have tightened in recent days could also be weighing on the market. Regardless of which candidate one favors, “the public doesn’t like uncertainty over the next four years, so you tend to have a selloff when you get close to elections,” said McCain. The euro dropped against the U.S. dollar EURUSD -0.6790% as German Chancellor Angela Merkel visited Athens, where she was greeted by mass demonstrations as she reiterated her stance that she wants Greece to remain in the euro. In Luxembourg, European finance ministers gathered for a second day after pronouncing, on Monday, the European Stability Mechanism, or permanent rescue fund, operational. “People see what’s going on in the real world, and that’s creating some nervousness in the context of a complacent market driven by central bankers, with the thinking we’ll never go down because of all the money they print,” said Boockvar at Miller Tabak. On Monday, the S&P 500 closed nearly 7% below its all-time high of 1,565.15, which was reached exactly five years ago Tuesday.
Wednesday's Dow News followed by Tuesday's Closing Dow Numbers:
AT&T: IBD pA2 "IBM, AT&T set up cloud service" says the 2 will jointly market a cloud computing service.
Alcoa: USA T p5B "Alcoa's earnings set positive tone" by AP, WSJ pB3 "Alcoa tops estimates, settles cae with Bahrain firm" by Dionne Searcey et alAJC pA12 "Alcoa posts $143 mil loss" says Alcoa lost this in 3Q due to one time charges but still beat analyst estimates. The loss was 13 cents per share vs 15 cents or $172 mil loss a year ago. Excluding $175 mil in charges Alcoa earned $32 mil or 3 cents per share.
WSJ pC4 "Stocks fall on gloomy IMF growth forecast" by Chris Dieterich says stocks tumbled after a disheartening economic growth forecast from the IMF put investors on the defensive before the start of the earnings season. Intel and Microsoft were the worst performing stocks in the Dow each falling about 1.7%. Alcoa kicked off the reporting season when it released its quarterly earnings after the markets closed.
IBD pB6 "Stocks slump as turnover rises; rally under pressure" Victor Reklaitis says the main indexes & leading stocks struggled Tues as the market uptrend came under pressure. Tues's action saw higher volume sell off as more leaders falter. The current outlook has changed to uptrend under pressure. Alcoa rose in late trading after its Q3 EPS and rev topped expectations.
NYT pB5 "IMF forecast discourages investors" by AP says stocks slumped Tues after the IMF predicted weaker world economic growth & as investors waited for expected disappointing series of corp earnings. Alcoa said it earned 3 cents a share while analysts were expectting the firm to break even.
American Express: No mentions found.
Bank of America: No mentions found.
Boeing: No mentions found.
Caterpillar: No mentions found.
Chevron: WSJ pB2 "Court turns away Chevron" by Brent Kendall says the Supreme Ct on Tues refused to consider Chevron's bid to block plaintiffs from tring to collect a $19 bil Ecuadorean environmental judgment.
NYT pB3 "Chevron cuts its forecast for 3Q earnings" by AP, IBD pA2 "Chevron" say Chevron will report 3Q results on Nov 2 and expects it to be substantially lower than 2Q.
Cisco: No mentions found.
Coke: USAT p1B "Video satire skewers Coke bears" by Bruce Horovitz says there is a parody video on the Internet making fun of the polar bears.
Disney: No mentions found.
DuPont: No mentions found.
Exxon: No mentions found.
GE: No mentions found.
Hewlett-Packard: No mentions found.
Home Depot: No mentions found.
Intel: WSJ pC4 "Stocks fall on gloomy IMF growth forecast" by Chris Dieterich says stocks tumbled after a disheartening economic growth forecast from the IMF put investors on the defensive before the start of the earnings season. Intel and Microsoft were the worst performing stocks in the Dow each falling about 1.7%. Alcoa kicked off the reporting season when it released its quarterly earnings after the markets closed.
IBM: WSJ pB1 "Huawei's ally: IBM" by Spencer Ante says Huawek relied on state support & stolen tech to become the world's 2nd largest provider of telecom equipment. IBM has long been a key partner of Huawei.
JPMorgan: No mentions found.
Johnson & Johnson: No mentions found.
McDonald's: WSJ pB5 "McDonald's feeling heat in Europe serves up deals" by Julie Jargon says McDonald's is offering coupons & meal deals in Germany, France & neighboring nations.
Merck: WSJ pB6 "Merck headquarters to relocate in NY"AJC pA12 "Merck moving its global headquarters" say Merck will still be in NY but will move 25 miles east from Whitehouse Station to Summit, 12 miles west of NYC.
Microsoft: IBD pA2 "Microsoft", AJC pA12 "Netflix CEO leaving Micjrosoft board" say Reed Hastings will leave next month at Microsoft's annual shareholder meeting 11/28.
WSJ pB2 "Microsoft trims bonus for Ballmer" by Shira Ovide says his total comp was $1.32 mil for year ended 6/30 vs. $1.38 mil the prior year.
WSJ pC4 "Stocks fall on gloomy IMF growth forecast" by Chris Dieterich says stocks tumbled after a disheartening economic growth forecast from the IMF put investors on the defensive before the start of the earnings season. Intel and Microsoft were the worst performing stocks in the Dow each falling about 1.7%. Alcoa kicked off the reporting season when it released its quarterly earnings after the markets closed.
Pfizer: IBD pA2 "Pfizer" says it agreed to a $164 mil settlement of a class action suit over side effects of its Celebrex arthritis drug.
Procter & Gamble: WSJ pB4 "P&G shareholders vote for louder say on board" by Paul Ziobro says P&G sahrehodlers voted to lower the bar for changing board members at a time when an activist investor, William Ackman, is agitating for change at P&G.
3M: No mentions found.
Travelers: No mentions found.
UnitedHealth: No mentions found.
United Technologies: No mentions found.
Verizon: No mentions found.
Walmart: NYT pB1 "Same day delivery test at Walmart" by Stephanie Clifford, USA T p2B "Walmart tests same day delivery" by Anne D'Innocenzio, AP, IBD pA1 "Walmart same day delivery expands, pressuring Amazon" by Gillian Rich, WSJ pB1 "Walmart delivery service says to Amazon: Bring it" by Shelly Banjo, AJC pA12 "Walmart tests same day delivery" say Walmart will test this service in select markets for customers who buy popular items online during the holiday shopping season.
NYT pB2 "Walmart labor protests grow, organizers say" Steve Greenhouse" says protests vs Walmart has expanded to 28 stores in 12 states due to poor working conditions, low wages and ertaliation vs. associates who exercise their right to talk about what is going on in their stores.
Tuesday's Closing Dow Numbers:Wednesday's Dow News followed by Tuesday's Closing Dow Numbers:
AT&T: IBD pA2 "IBM, AT&T set up cloud service" says the 2 will jointly market a cloud computing service.
Alcoa: USA T p5B "Alcoa's earnings set positive tone" by AP, WSJ pB3 "Alcoa tops estimates, settles cae with Bahrain firm" by Dionne Searcey et alAJC pA12 "Alcoa posts $143 mil loss" says Alcoa lost this in 3Q due to one time charges but still beat analyst estimates. The loss was 13 cents per share vs 15 cents or $172 mil loss a year ago. Excluding $175 mil in charges Alcoa earned $32 mil or 3 cents per share.
WSJ pC4 "Stocks fall on gloomy IMF growth forecast" by Chris Dieterich says stocks tumbled after a disheartening economic growth forecast from the IMF put investors on the defensive before the start of the earnings season. Intel and Microsoft were the worst performing stocks in the Dow each falling about 1.7%. Alcoa kicked off the reporting season when it released its quarterly earnings after the markets closed.
IBD pB6 "Stocks slump as turnover rises; rally under pressure" Victor Reklaitis says the main indexes & leading stocks struggled Tues as the market uptrend came under pressure. Tues's action saw higher volume sell off as more leaders falter. The current outlook has changed to uptrend under pressure. Alcoa rose in late trading after its Q3 EPS and rev topped expectations.
NYT pB5 "IMF forecast discourages investors" by AP says stocks slumped Tues after the IMF predicted weaker world economic growth & as investors waited for expected disappointing series of corp earnings. Alcoa said it earned 3 cents a share while analysts were expectting the firm to break even.
American Express: No mentions found.
Bank of America: No mentions found.
Boeing: No mentions found.
Caterpillar: No mentions found.
Chevron: WSJ pB2 "Court turns away Chevron" by Brent Kendall says the Supreme Ct on Tues refused to consider Chevron's bid to block plaintiffs from tring to collect a $19 bil Ecuadorean environmental judgment.
NYT pB3 "Chevron cuts its forecast for 3Q earnings" by AP, IBD pA2 "Chevron" say Chevron will report 3Q results on Nov 2 and expects it to be substantially lower than 2Q.
Cisco: No mentions found.
Coke: USAT p1B "Video satire skewers Coke bears" by Bruce Horovitz says there is a parody video on the Internet making fun of the polar bears.
Disney: No mentions found.
DuPont: No mentions found.
Exxon: No mentions found.
GE: No mentions found.
Hewlett-Packard: No mentions found.
Home Depot: No mentions found.
Intel: WSJ pC4 "Stocks fall on gloomy IMF growth forecast" by Chris Dieterich says stocks tumbled after a disheartening economic growth forecast from the IMF put investors on the defensive before the start of the earnings season. Intel and Microsoft were the worst performing stocks in the Dow each falling about 1.7%. Alcoa kicked off the reporting season when it released its quarterly earnings after the markets closed.
IBM: WSJ pB1 "Huawei's ally: IBM" by Spencer Ante says Huawek relied on state support & stolen tech to become the world's 2nd largest provider of telecom equipment. IBM has long been a key partner of Huawei.
JPMorgan: No mentions found.
Johnson & Johnson: No mentions found.
McDonald's: WSJ pB5 "McDonald's feeling heat in Europe serves up deals" by Julie Jargon says McDonald's is offering coupons & meal deals in Germany, France & neighboring nations.
Merck: WSJ pB6 "Merck headquarters to relocate in NY"AJC pA12 "Merck moving its global headquarters" say Merck will still be in NY but will move 25 miles east from Whitehouse Station to Summit, 12 miles west of NYC.
Microsoft: IBD pA2 "Microsoft", AJC pA12 "Netflix CEO leaving Micjrosoft board" say Reed Hastings will leave next month at Microsoft's annual shareholder meeting 11/28.
WSJ pB2 "Microsoft trims bonus for Ballmer" by Shira Ovide says his total comp was $1.32 mil for year ended 6/30 vs. $1.38 mil the prior year.
WSJ pC4 "Stocks fall on gloomy IMF growth forecast" by Chris Dieterich says stocks tumbled after a disheartening economic growth forecast from the IMF put investors on the defensive before the start of the earnings season. Intel and Microsoft were the worst performing stocks in the Dow each falling about 1.7%. Alcoa kicked off the reporting season when it released its quarterly earnings after the markets closed.
Pfizer: IBD pA2 "Pfizer" says it agreed to a $164 mil settlement of a class action suit over side effects of its Celebrex arthritis drug.
Procter & Gamble: WSJ pB4 "P&G shareholders vote for louder say on board" by Paul Ziobro says P&G sahrehodlers voted to lower the bar for changing board members at a time when an activist investor, William Ackman, is agitating for change at P&G.
3M: No mentions found.
Travelers: No mentions found.
UnitedHealth: No mentions found.
United Technologies: No mentions found.
Verizon: No mentions found.
Walmart: NYT pB1 "Same day delivery test at Walmart" by Stephanie Clifford, USA T p2B "Walmart tests same day delivery" by Anne D'Innocenzio, AP, IBD pA1 "Walmart same day delivery expands, pressuring Amazon" by Gillian Rich, WSJ pB1 "Walmart delivery service says to Amazon: Bring it" by Shelly Banjo, AJC pA12 "Walmart tests same day delivery" say Walmart will test this service in select markets for customers who buy popular items online during the holiday shopping season.
NYT pB2 "Walmart labor protests grow, organizers say" Steve Greenhouse" says protests vs Walmart has expanded to 28 stores in 12 states due to poor working conditions, low wages and ertaliation vs. associates who exercise their right to talk about what is going on in their stores.
| 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 | |||
| MCD | | NYSE | |||
| MRK | | NYSE | |||
| MSFT | | NASDAQ-GS | |||
| PFE | | NYSE | |||
| PG | | NYSE |
| MMM | | NYSE | |||
| TRV | | NYSE | |||
| UNH | | 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)
McDonald's MCD Donald 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)
UnitedHealthUNC Stephen Hemsley (Minnetonka, MN)
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 10,4/12 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 $426.5 [4.5]
2. Microsoft MSFT 252 [8.5]
3.WalMart WMT 251 [3.5]
4. GE 242.5 [10.5]
5. IBM 240.5 [1]6. Chevron CVX 230 [2]
7. AT&T T 221 [6]
8. Procter & Gamble PG 191.5 [3]
9. Johnson & Johnson JNJ 191 [3]
10. Pfizer PFE 189.5 [7.5]
11. Coke KO 172.5 [4.5]
12. JPMorgan Chase JPM 159 [4]
13. Merck MRK 140.5 [3]
14. Verizon VZ 134.5 [3]
15. Intel INTC 112.5 [5]16. Cisco CSCO 100 [5.5]
17. Disney DIS 94.5 [2]
18. Home Depot HD 93 [1.5] 19. McDonald's MCD 92 [1]
20. Bank of America BAC 101.5 [10.5]
21. United Technologies UTX 71.5 [1]
22. American Express AXP 66 [1]
23. 3M MMM 65 [.5]
24. UnitedHealth UNH 60 [1]
25. Caterpillar CAT 56 [.5]
26. Boeing BA 52.5 [1]
27. DuPont DD 46.5 [1]
28. Hewlett-Packard HPQ 29.5 [2]
29. Travelers TRV 26.5 [.5]
30. Alcoa AA 9.5 [1]
****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 10/4/12:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
AT&T T: 6/29/12 8K re: election of Scott F. Ford as Director
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
Alcoa AA: 10/3/12 8K re: EPA remedial plan for Grasse River
7/26/12 10Q for quarter ended 6/30/12
7/13/12 8K re: Transcript of 2Q earnings call
7/10/12 8K re: 2Q results
American Express AXP: 10/1/12 8K re: settlement re: U.S. card practices with regulators
9/17/12 8K re: delinq & write-off stats for June, July & Aug
8/15/12 8K re: dlinq. & write0off stats for months of May, June, and July
8/8/12 8K re: presentation from semi-annual Fin'l Community Meeting
8/2/12 10Q for quarter ended 6/30/12
7/20/12 8K re: election of David L. Vasella (Chairman of Bd. of Novartis) as Director
7/18/12 8K re: 2Q results
7/16/12 8K re: credt stats through 6/30/12
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
Bank of Am BAC: 9/28/12 8K re: settlement re: $1.6 bil regarding Merrill Lynch purchase
8/23/12 8K re: 4 new directors: Sharon Allen, Jack Bovender, Linda Hudson & David Yost
8/10/12 8K re: retirement of Vice Chiar Charles H. Noski as of 9/1
8/2/12 10Q for quarter ended 6/30/12
7/18/12 8K re: 2Q results
Boeing BA: 8/29/12 8K re: bylaw amendments
7/25/12 10Q and 8K re: 2nd quarter results ended 6/30/12
6/26/12 8K re: selection of Raymond L. Conner to replace Jim Albaugh as Pres/CEO of Boeing Comm'l Airplanes
5/3/12 8K re: amendment to bylaws reducing number of directors from 12 to 114/25/12 10Q for quarter ended 3/31
Caterpillar CAT: 9/28/12 8K re: price increases
9/21/12 8K re: Aug. dealer stats
9/17/12 8K re: credit agreement for $100 mil
9/7/12 S-4; 8/28/12 8K & 8/20/12 8K all re: exchange offer for debentures
8/17/12 8K re: 3 mos. dealer stats
8/10/12 8K re: debenture exchange
8/6/12 10Q re: quarter ended 6/30/12
7/27 8K re: debenture exchange
7/24/12 8K re: 3 mos. dealer states
6/26/12 8K re: safety problems at Wyoming mine
6/25/12 8K re: underwriting agreement re: issuance of $1.5 bil of debt
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
Chevron CVX: 10/3/12 8K re: election of Dr. Alice P. Gast to Board
8/2/12 10Q & 7/27/12 8K re: 2 Qtr. results ended 6/30/12
7/11/12 8K re: guidance for 2Q
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
Cisco CSCO : 10/4/12 8K re: appointment of Gary B. Moore as Pres & other exec appointments
9/26/12 14A Proxy re: Annual Shareholders Meeting on 11/15/12 at Santa Clara,CA
9/19/12 8K re: departure of Jerry Yang from Board
9/12/12 10K for year ended July 28 '12
8/15/12 8K re: 4Q and FY '12 earnings
8/2/12 8K re: appointment to Bd. of CEO of salesforce.com Marc Benioff and Kristina M. Johnson, CEO of enduring Hydro, LLC
6/27/12 8K re; execs' pre-arranged stock trading plan
6/13/12 8K re: director's pre-arranged stock trading plan
Coke KO: 9/14/12 8K re: exec changes
8/23/12 8K re: shareholder approval of stock split
7/1 8K re: new operating structure
7/27/12 8K re: Amendment to Articles of Incorp. to increase auth. shares & 2 for 1 stock split
'7/26/12 10Q for quarter ended 6/29/12
7/17/12 8K re; 2Q results
7/10/12 8K re: approval of shareholders for stock split
Disney DIS: 8/7/12 10Q & 8/7/12 8K results for 3rd quarter ended 6/30/12
6/11/12 8K re: $2.25 bil 5 year credit agreement
DuPont DD: 9/4/12 8K re: sale of Performance Coatings Div to Carlyle Group for $4.9 bil
7/24/12 8K and 7/24/12 10Q for quarter ended 6/30/12
5/1/12 8K re: Annual meeting of stockholders results
ExxonMobil XOM: 8/2/12 10Q & 7/26/12 8K re: 2Q results ended 6/30/12
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
GE: 7/30/12 10Q re: quarter ended 6/30/12
7/30/12 8K re: election of John J. Brennan to Bd., he is Chairman Emeritus of Vanguard
7/23/12 8K re: resignation of John Krenicki as Vice Chair & exec officer at year end
7/20/12 8K re: 2Q results
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
Hewlett-Packard HPQ: 10/3/12 8K e: earnings outlook for '13 fiscal year
9/10/12 10Q & 8/22/12 8K re: quarter ended 7/31/12
8/8/12 8K re: write-down due to impairment of goodwill
6/8/12 10Q re: quarter ended 4/30/12
Home Depot HD: 9/21/12 8K re: election of mark Vadon to Board
8/22/12 10Q for qtr ended 7/29/12
8/14/12 8K re: quarter ended 7/29
8/7/12 8K re: purchase of U.S. Home systems and related Proxy statement
Intel INTC: 9/12/12 8K re: closed pruchase of ASWML Holding for $3.1 bil
9/7/12 8K re: lowering 3Q rev outlook
8/1/12 10Q for quarter ended 6/30/12
7/18/12 2 8Ks re: 2Q results
7/9/12 8K re; purchase of 10% of ASML for $2.1 bil
IBM: 9/25/12 8K re: election of Virginia M. Rometty as Chair of Board
8/1/12 8K re: closing of sale of IBM's Retail Store Solutions biz to Toshiba Tec
7/31/12 10Q for period ended 6/30/12
7/27/12 8K re: underwriting agreement for 1.875% notes due '22
7/19/12 & 7/18/12 8Ks re: 2Q results
JPMorganChase JPM: 9/24/12 8K re: offering of $3 bil of 3.25% Note due '22
9/19/12 8K re: clsoing of 2.9% Notes due '17
8/27/12 8K re: isswuance of 5.5% non-cumulative Pref shares, Series O
8/20/12 8K re: closing of $2.5 bil 2% Notes due '17
8/9/12 10Q for period ended 6/30/12
7/27/12 8K re: exec changes
7/13/12 8K re: 2Q results
7/13/12 8K re: restatement of 1Q results
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
Johnson & Johnson JNJ : 8/16/12 8K re: discontinuance of bapineuzumbab trials
8/2/12 10Q for quarter ended 7/1/12
7/20/12 8K re: settlement of shareholder deriv case in US Dist CT NJ
7/17/12 8K re: 2Q results
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
McDonald's MCD: 9/28/12 8K re: adoption of accoutning standard
9/24/12 8K re: quarterly cash div
9/12/12 8K re: sales increase of 3.7% in Aug.
8/9/12 8K re: July '12 sales
8/6/12 10Q for quarter ended 6/30/12
7/23/12 8K re; 2Q results
7/20/12 8K re: various amendments to By-laws
6/18/12 8K re: stocks options to Donald Thompson CEO as of 7/1
6/11/12 8K re: May '12 sales
Merck MRK: 9/13/12 8K re: closing of sale of notes
8/7/12 10Q & 7/27/12 8K re: results of second quarter ended 6/30/12
5/25/12 8K re: voting results of 5/22 Annual meeting of shareholders
Microsoft MSFT: 9/18/12 8K re: increase in quarterly div & retirement of Raymond Gilmartin from Board
7/26/12 10K for year ended 6/30/12
7/19/12 8K re: 4Q & full year results
7/2/12 8K re: write-down to Online Services Div
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
Pfizer PFE: 8/14/12 8K re: purchase of marketing rights to OTC Nexium from AstraZeneca
8/9/12 10Q & 7/31/12 8K re: results of 2 Qtr ended 7/1/12
5/23/12 8K re: exec promotions
5/10/12 10Q for quarter ended 4/1
5/1/12 8K re: 1 qtr results
Procter & Gamble PG: 9/21/12 14A proxy re: candidate for Board
9/6/12 8K re: FD disclosure re: Barcaly's Back to School consumer conf.
8/24/12 14A Proxy re: Annual Meeting of Shareholders on 10/9/12 in Cincinnati
8/16/12 Form 8-A & 8/16 & 8/14/12 8Ks re sales of notes
8/8/12 10K and 8/3/12 2 8Ks all re: fourth quarter results for year ended 6/30/12
7/18/12 8K re: Board proclaims support for CEO Bob McDonald
7/10/12 8K re: quarterly dividend of 0.562 cents per share
6/20/12 8K re: Deutsche Bank Conference Reg. FD disclosures
3M MMM: 10/3/12 8K re: $1.5 bil revolving credit agreement
10/1/12 8K re: contract to purchase Ceradyne Inc. for $35 per share
8/29/12 K re: $150 mil credit agreement
8/2/12 & 7/26/12 8K re: 2nd quarter results for quarter ended 6/30/12
7/26/12 8K re: sale of notes
6/26/12 8K re: issuance of $1.25 bil of notes
5/10/12 & 5/412 8Ks re: adoption of exec pre-arranged stock trading plans
Travelers TRV: 7/19/12 10Q & 7/19/12 8K re: results of quarter ender 6/30/12
5/25/12 8K re: voting results of 5/23 Annual Meeting of Shareholders.
UnitedHealth Group UNH: 9/10/12 re: FD disclosure re: Morgan Stanley Healthcare Conference
8/7/12 10Q re: quarter ended 6/30/12
United Technologies UTX: 9/12/12 8K re: election of Marshall Larsen to Board
7/31/12 8K re: purchase of Silver II for $3.46 bil
7/26/12 10Q & 7/26/12 8K re: results of 2nd qtr ended 6/30/12 & closing of Goodrich purchase and board and exec changer
6/18/12 8K re: issuance of equity unites
6/1/12 8K re: issuance of $9.8 bil of notes
Verizon Communications Inc. VZ: 7/30/12 10Q for quarter ended 6/30/12
7/19/12 Form S-3 re: registration of 29,750,000 shares
7/19/12 & 7/18/12 8Ks re: 2Q results
5/9/12 8K re: results of annual shareholders meeting
WalMart WMT: 9/6/12 10Q for quarter ended 7/31/12
8/16/12 8K re: 2 Qtr results
7/30/12 8K re: election to Board of Tim Flynn, former Chairman of KPMG
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
. END
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