Tuesday, October 9, 2012

10/9/12 Tues pm Dow Closes at 13,473.53 down 110.12 or 0.81%

http://www.dowjonesmonitor.com/

Post No. 1,846 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 as of 10/4/12 of the Dow 30 components by market capitalization and recent Dow 30 components' SEC filings as of 10/4/12.

 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.  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%.



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 0.130216081. Tuesday's trailing P/E ratio is 14.79 down from yesterday's trailing P/E ratio of 14.82 (year ago it was 12.75); today's P/E estimate is 12.79 unchanged from Monday's P/E estimate of 12.79  (year ago it was 11.25) and today's dividend yield is 2.50 up from yesterday's dividend yield of 2.49 (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.

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

Tuesday's Closing Dow Numbers:

SymbolLast SaleChange% ChangeShare VolumeMarket
TNYSE
AANYSE
AXPNYSE
BACNYSE
BANYSE
CATNYSE
CVXNYSE
CSCONASDAQ-GS
KONYSE
DISNYSE
DDNYSE
XOMNYSE
GENYSE
HPQNYSE
HDNYSE
INTCNASDAQ-GS
IBMNYSE
JPMNYSE
JNJNYSE
MCDNYSE
MRKNYSE
MSFTNASDAQ-GS
PFENYSE
PGNYSE
MMMNYSE
TRVNYSE
UNHNYSE
UTXNYSE
VZDualListed
WMTNYSE

*********************
The following are excerpts from Tues. morning's Blog.

A read of the print editions of Tuesday's ,Investor's Business Daily, Wall St. Journal, Financial Times, 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 Industrial Average: The Dow Jones Industrial Average closed Monday at 13,583.65 down 26.5 or 0.19 % from Friday's close of 13,610.15.For the year the Dow is up 11.2%.  Of the Dow components 11 gained, Coke was unchanged and 18 declined. The biggest gainer dollar-wise was McDonald's up 54 cents and percentage-wise was UnitedHealt up 0.82%. The biggest decliner dollar-wise and percentage-wise was Home Depot down $1.32 or 2.09%.

WSJ pC4 "Stocks stumble as earnings beckon" by Matt Jarzemsky says US stocks followed overseas markets lower as investors fretted over a sluggish earnings outlook, debt laden Europe & China's slowing economy.  Alcoa reports earnings Tues.  UnitedHealth gained 47 cents after saying it would buy 90% of Brazil's Amil Participacoes. Disney fell 64 cents after analysts at Caris lowerd their ratings to average from abgove average.  Disney's stock is up 40% this year.

 Fin Times p24 "UnitedHealth rises as Brazil plan promises to widen presence abroad" by Arash Massoudi says UnitedHealth's shares rose after it said it would buy 90% of Amil.  Alcoa rose 0.3% as it prepared to start the 3Q reportings season Tues followed by JPMorgan later in the week.  American Express rose 0.4% after it said it would team with Walmart to provide lower income custoemrs with prepaid debit card.  Walmart was up 0.2%.

IBD pB2 "Stocks fall in light trade; techs suffer hardest blow by Vincent Mao says stocks fell in quiet trading Mon asa the tech suffered the most as stocks fall in light Columbus Day trade.  The current outlook is still a confirmed uptrend.  Hewlett-Packard and others have issued warnings due to weakness in Europe.

NYT pB9 "Markets fall on expectation of weak earnings reports" by Reuters says the stocfk market slipped in light Columbus Day trading on Mon, pulling back from its highest levels in close to  years as investors braced for an earnings season that is expected to be weak.



Monday's Dow Jones Industrial Average closing numerator was 1,768.81 down 3.45 from Friday's closing numerator of 1,772.26. 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 Monday's Dow Jones Industrial Average was $58.96 down 12 cents from Friday's closing numerator of $59.08. The median closing price of Monday's Dow Jones Industrial Average was $54.97 (DIS/UNH) down 8 cents from Friday's median closing price of $55.05 (DIS/UNH). 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 or dividends) and sold at the close you would have lost $345 ($177,226 -$176,881).

MarketWatch.com Mon. 10/8/12 4:16 pm by Kate Gibson says US stocks on Monday retreated from near five-year highs as investors braced for what’s expected to be a weak earnings season.
“We’ve probably managed to set the bar low enough that we can get over the top of it,” Bill Stone, chief investment strategist at PNC Asset Management Group, said of lowered estimates for coming results, which could have American corporations breaking an 11-quarter streak of year-over-year gains in earnings. Halting a three-session win streak, the Dow Jones Industrial Average DJIA-0.19% fell 26.50 points, or 0.2%, to 13,583.65. Historically, Alcoa has acted as a barometer for how the rest of the market has performed during past earnings seasons. Dow component and aluminum producer Alcoa Inc. AA +0.33% is slated to release quarterly results after the close of regular U.S. trading Tuesday. Personal-computer maker Hewlett-Packard Co.HPQ-1.83% has already warned its 2012 profit will come in below analysts’ estimates, and shipper FedEx Corp. FDX-0.12% has trimmed its yearly earnings outlook as well. But Mark Luschini, chief investment strategist at Janney Montgomery Scott, also played down any notion that third-quarter results would include any shocks major enough to send Wall Street into a tailspin. A correction of 3% to 5% is due in any event in light of Wall Street’s climb that has pushed the S&P 500 IndexSPX-0.35% nearly higher 16% this year, Luschini noted. “Expectations have been sufficiently lowered, so it probably leads to a low hurdle for companies to exceed dumbed-down expectations,” he said. Falling for a second session, the S&P 500 index SPX-0.35% declined 5.05 points, or 0.4%, to 1,455.88, with technology and telecommunications hit the hardest among its 10 sectors. Also extending its slide into a second session, the Nasdaq Composite COMP-0.76% lost 24.58 points, or 0.8%, to 3,111.61.
Apple Inc. /AAPL-2.21% shares fell 2.2% after a China Labor Watch report that a Foxconn factory in China had been crippled by a strike. The Taiwanese company and Apple contractor denied the report by the labor-watchdog group. Facebook Inc. FB -2.44% slipped 2.4% after BTIG LLC downgraded the social network. Netflix Inc. /NFLX+10.46% gained more than 10% after Morgan Stanley upgraded the video-subscription service. For every two stocks rising three fell on the New York Stock Exchange, where a measly 464 million shares traded in light Columbus Day volume. Composite volume just topped 2.3 billion. With relatively sparse personnel in today, that’s another reason to follow on the heels of Europe,” Stone said of the federal holiday that had the both the government and bond market closed. In Luxembourg, euro-area ministers gathered as investors looked for any signals that Spain would ask for rescue funds.Asia’s slowing economic growth and Europe’s unresolved fiscal issues reinforced market thoughts of reduced demand for oil, with the November crude futures CLX2-0.18% finishing below $90 a barrel on the New York Mercantile Exchange. The World Bank on Monday reduced its forecast for the East Asia and Pacific region, while cautioning the slowdown in China could get worse.

Tuesday's Dow News followed by Monday's Closing Dow Numbers:

AT&T: No mentions found.

Alcoa:  WSJ pC4 "Stocks stumble as earnings beckon" by Matt Jarzemsky says US stocks followed overseas markets lower as investors fretted over a sluggish earnings outlook, debt laden Europe & China's slowing economy.  Alcoa reports earnings Tues.  UnitedHealth gained 47 cents after saying it would buy 90% of Brazil's Amil Participacoes. Disney fell 64 cents after analysts at Caris lowerd their ratings to average from above average.  Disney's stock is up 40% this year.

 Fin Times p24 "UnitedHealth rises as Brazil plan promises to widen presence abroad" by Arash Massoudi says UnitedHealth's shares rose after it said it would buy 90% of Amil.  Alcoa rose 0.3% as it prepared to start the 3Q reportings season Tues followed by JPMorgan later in the week.  American Express rose 0.4% after it said it would team with Walmart to provide lower income custoemrs with prepaid debit card.  Walmart was up 0.2%.

 Fin times p23 "Gloomy earnings forecasts test rally in US stocks" by Stephen Foley says since June 29 '12 JPMorgan is up 16.1%, Hewlett-Packard is down 26.8% and Alcoa is up 4.6%.

American Express:    WSJ pC1 "Prepaid enters mainstream" by Robin Sidel et al, Fin Times p16 "Walmart and Amex target the unbanked" by Barney Jopson et al, IBD pA2 "Walmart, Amex team on cards,  NYT pB1 "Walmart and AmEx in prepaid card deal" by Stephanie Clifford et al, USA Today p5B "Walmart to offer prepaid card" by hadley Malcolm say on Mon American Express and Walmart rolled out a rpepaid card aimed at tens of milllions of Americans eager to avoid bank fees.  JPMorgan is also offering prepaid cards.

 Fin Times p24 "UnitedHealth rises as Brazil plan promises to widen presence abroad" by Arash Massoudi says UnitedHealth's shares rose after it said it would buy 90% of Amil.  Alcoa rose 0.3% as it prepared to start the 3Q reportings season Tues followed by JPMorgan later in the week.  American Express rose 0.4% after it said it would team with Walmart to provide lower income custoemrs with prepaid debit card.  Walmart was up 0.2%.

Bank of America: No mentions found.

Boeing:  WS  pB4 "BAE Holder questions deal" by Jessica Hodgson says the BAE merger with EADS will have rev of over $90 bil more than Boeing and Lockheed.

Caterpillar: No mentions found.

Chevron: No mentions found.

Cisco: IBD pA4 "IBM boosts portfolio in converged systems" by Brian Deagon says IBM will unveil a new storage system that extends its reach into converged system, a possibly transformative tech that could disrupt current ways of computing.  Hewlett-Packard and Cisco is targetting this market.

Coke:  WSJ pC10 "getting past America's euro profit problem" by Justin Lahart says about 40% of McDonald's last year sales came from Europe vs. 32% from US operations.  The European recession has hurt US firms will large overseas exposure.  US focused firms such as Home Depot has done ok as had Dr Pepper vs. Coke.

WSJ pB3 "With soda on defensive, machines will list calories" by Mike Esterl, NYT pB3 "Pepsi & Coke to post calories fo drinks sold in vending machines" by Stephanie Strom  say Coke and other soft drink makers will start displaying their drinks' calories on vending machines next year.

Disney:  WSJ pC4 "Stocks stumble as earnings beckon" by Matt Jarzemsky says US stocks followed overseas markets lower as investors fretted over a sluggish earnings outlook, debt laden Europe & China's slowing economy.  Alcoa reports earnings Tues.  UnitedHealth gained 47 cents after saying it would buy 90% of Brazil's Amil Participacoes. Disney fell 64 cents after analysts at Caris lowerd their ratings to average from abgove average.  Disney's stock is up 40% this year.

DuPont: No mentions found.

Exxon: No mentions found.

GE:  WSJ pB1 "Companies feast on cheap money" by Vipal Monga says GE sold $7 bil of bonds on 10/1 including $2 bil of 30 year bonds as markets for 30 year bonds, priced at stark lows, brings out GE, UPO and other issuers.

Hewlett-Packard:  Fin times p23 "Gloomy earnings forecasts test rally in US stocks" by Stephen Foley says since June 29 '12 JPMorgan is up 16.1%, Hewlett-Packard is down 26.8% and Alcoa is up 4.6%.

 IBD pB2 "Stocks fall in light trade; techs suffer hardest blow by Vincent Mao says stocks fell in quiet trading Mon asa the tech suffered the most as stocks fall in light Columbus Day trade.  The current outlook is still a confirmed uptrend.  Hewlett-Packard and others have issued warnings due to weakness in Europe.

  IBD pA4 "IBM boosts portfolio in converged systems" by Brian Deagon says IBM will unveil a new storage system that extends its reach into converged system, a possibly transformative tech that could disrupt current ways of computing.  Hewlett-Packard and Cisco is targetting this market.

Home Depot:   WSJ pC10 "getting past America's euro profit problem" by Justin Lahart says about 40% of McDonald's last year sales came from Europe vs. 32% from US operations.  The European recession has hurt US firms will large overseas exposure.  US focused firms such as Home Depot has done ok as had Dr Pepper vs. Coke.

Intel: No mentions found.

IBM:  IBD pA4 "IBM boosts portfolio in converged systems" by Brian Deagon says IBM will unveil a new storage system that extends its reach into converged system, a possibly transformative tech that could disrupt current ways of computing.  Hewlett-Packard and Cisco is targetting this market.

JPMorgan:    WSJ pC1 "Prepaid enters mainstream" by Robin Sidel et al says On American Express and Walmart rolled out a rpepaid card aimed at tens of milllions of Americans eager to avoid bank fees.  JPMorgan is also offering prepaid cards.

 Fin Times p24 "UnitedHealth rises as Brazil plan promises to widen presence abroad" by Arash Massoudi says UnitedHealth's shares rose after it said it would buy 90% of Amil.  Alcoa rose 0.3% as it prepared to start the 3Q reportings season Tues followed by JPMorgan later in the week.  American Express rose 0.4% after it said it would team with Walmart to provide lower income custoemrs with prepaid debit card.  Walmart was up 0.2%.

Fin times p23 "Gloomy earnings forecasts test rally in US stocks" by Stephen Foley says since June 29 '12 JPMorgan is up 16.1%, Hewlett-Packard is down 26.8% and Alcoa is up 4.6%.

Johnson & Johnson: No mentions found.

McDonald's:   WSJ pC10 "getting past America's euro profit problem" by Justin Lahart says about 40% of McDonald's last year sales came from Europe vs. 32% from US operations.  The European recession has hurt US firms will large overseas exposure.  US focused firms such as Home Depot has done ok as had Dr Pepper vs. Coke.

Merck: No mentions found.

Microsoft: No mentions found.

Pfizer: No mentions found.

Procter & Gamble: No mentions found.

3M:  Fin Times p12 "More luck than judgment" by Morgan Witzel says 3M discovered post-it notes by accident.

Travelers: No mentions found.

UnitedHealth:  WSJ pC10 "UnitedHealth packs a bag" by Mirriam Gottfried, Fin Times p16 "UnitedHealth to acquire control of Brazil's Amil" by AlanRappeport, IBD pA1 "UnitedHealth in $4.9 bil buy", NYT pB2 "UnitedHealth to buy 90% of Brazilian provider" by Mark Scott et al say UnitedHealth will buy 90% of Amil Participacoes, Brazil's largest health care firm by rev for $4.3 bil,

 WSJ pC4 "Stocks stumble as earnings beckon" by Matt Jarzemsky, WSJ pB4 "UnitedHealth sets its sights on Brazil" by Anna Wilde Mathews et al. say US stocks followed overseas markets lower as investors fretted over a sluggish earnings outlook, debt laden Europe & China's slowing economy.  Alcoa reports earnings Tues.  UnitedHealth gained 47 cents after saying it would buy 90% of Brazil's Amil Participacoes. Disney fell 64 cents after analysts at Caris lowerd their ratings to average from abgove average.  Disney's stock is up 40% this year.

Fin Times p24 "UnitedHealth rises as Brazil plan promises to widen presence abroad" by Arash Massoudi says UnitedHealth's shares rose after it said it would buy 90% of Amil.  Alcoa rose 0.3% as it prepared to start the 3Q reportings season Tues followed by JPMorgan later in the week.  American Express rose 0.4% after it said it would team with Walmart to provide lower income custoemrs with prepaid debit card.  Walmart was up 0.2%.

United Technologies: No mentions found.

Verizon: No mentions found.

Walmart: WSJ pC1 "Prepaid enters mainstream" by Robin Sidel et al, Fin Times p16 "Walmart and Amex target the unbanked" by Barney Jopson et al, IBD pA2 "Walmart, Amex team on cards,  NYT pB1 "Walmart and AmEx in prepaid card deal" by Stephanie Clifford et al, USA Today p5B "Walmart to offer prepaid card" by hadley Malcolm say on Mon American Express and Walmart rolled out a rpepaid card aimed at tens of milllions of Americans eager to avoid bank fees.  JPMorgan is also offering prepaid cards.

 Fin Times p24 "UnitedHealth rises as Brazil plan promises to widen presence abroad" by Arash Massoudi says UnitedHealth's shares rose after it said it would buy 90% of Amil.  Alcoa rose 0.3% as it prepared to start the 3Q reportings season Tues followed by JPMorgan later in the week.  American Express rose 0.4% after it said it would team with Walmart to provide lower income custoemrs with prepaid debit card.  Walmart was up 0.2%.


Monday's Closing Dow Numbers:

SymbolLast SaleChange% ChangeShare VolumeMarket
TNYSE
AANYSE
AXPNYSE
BACNYSE
BANYSE
CATNYSE
CVXNYSE
CSCONASDAQ-GS
KONYSE
DISNYSE
DDNYSE
XOMNYSE
GENYSE
HPQNYSE
HDNYSE
INTCNASDAQ-GS
IBMNYSE
JPMNYSE
JNJNYSE
MCDNYSE
MRKNYSE
MSFTNASDAQ-GS
PFENYSE
PGNYSE
MMMNYSE
TRVNYSE
UNHNYSE
UTXNYSE
VZDualListed
WMTNYSE

*******************
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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