A read of the print editions of Friday'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 Thursday's stock prices and related data in alphabetical order.
Dow Jones Average: The Dow Jones Industrial Average closed Thursday at 12,811.32 down 121.41 or 0.94% from Wednesday's close of 12,932.73. For the year the Dow is up4.86 %. Of the Dow components 8 gained and 22 declined. The biggest gainer dollar-wise was Boeing up $1.12 and percentage-wise was Bank of America up 2.33%. The biggest decliner dollar-wise was McDonald's down $1.71 and percentage-wise was Cisco down 2.21%.
WSJ pC4 "Stocks fall off cliff a 2nd day" by Matt Jarzemsky says the Dow fell to a mroe than 3 month low a a 2nd straight day of selling put the Dow on pace for its biggest weekly decline since June. Investors turned their attention to the looming fiscal cliff & ts mix of automatic tax increases & spending cuts at the satrt of next year if a budget deal isn't reached. Money managers are worried over sluggish corp earnings growth & Europe's debt crisis.
NYT pB6 "Worries about fiscal cliff still weigh on investors" by Reuters says stocks fell thurs as investors remained concerend about Washington's ability to find a solution for the fiscal cliff in coming weeks & the continuing debt crisis in Europe. McDonald's sahres fell 2% after its first monthly decline in global sales since March '03.
USA Today p1B "Big name stocks hit bear markets" by Matt Krantz says stocks fell by triple digits thurs yanking the Dow down 434 points over the 2 days after the election. The Dow is down 6% from its 52 week high.
IBD pB2 "Stocks skid a 2nd day; gold & firearms rise" by Paul Whitfield says a on Wed the nasdaq notched a high in the first 10 minutes and then retreated. thursday's action was down in lower volume and the market is still in a correction.
Fin Times p26 "Equities slide to 3 month low after 2nd day of post poll pain" by Arash massoudi says US equities faced a 2nd day of sustained selling following Obama's re-election as stocks closed at their lowest level since Aug. 2. Fin'ls were the only sector trading ost of the day in positive territory. Bank of america rose 1.7% & JPMorgan lost 0.2%.
As of the open of the market on Friday the current divisor for the Dow Jones Industrial Average found at page C6 of Friday's Wall St. Journal is 0.130216081. Friday's trailing P/E ratio is 14.02 down from Thursday's trailing P/E ratio of 14.16 (year ago it was 12.79); today's P/E estimate is 12.37 unchanged from Thursday's P/E estimate of 12.37 (year ago it was 12.35) and Friday's dividend yield is 2.77 up from yesterday's dividend yield of 2.62 (last year it was 2.62). 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.
Thursday's Dow Jones Industrial Average closing numerator was 1,668.24 down 15.81 from Wednesday's closing numerator of 1,684.05. 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 Thursday's Dow Jones Industrial Average was $55.61 down 53 cents from Wednesday's average of $56.14. The median closing price of Thursday's Dow Jones Industrial Average was $51.88 (DIS/UNH) down 32 cents from Wednesday's median closing price of 52.20. The lowest volume was 3M and the highest volume again was Bank of America.
If Thursday 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 $1,581 ($168,405 - $166,824).
11/8/12 Thurs. 4:13 MarketWatch by Kate Gibson says U.S. stocks on Thursday piled on losses for a second day, on worries about Europe's troubles and coming tax hikes and cuts, otherwise known as the fiscal cliff. "We got over the one great unknown, the election, to go to the next great unknown," said Paul Nolte, managing director at Dearborn Partners, of the deficit-reduction measures due to be implemented in January unless lawmakers reach an agreement. The Dow Jones Industrial Average DJIA-0.94% fell 121.4 points, or 0.9%, to 12,811.3, its lowest level since late July. The S&P 500 index SPX-1.22%declined 17.02 points, or 1.2%, to 1,377.51, a low not seen since early August. The Nasdaq CompositeCOMP-1.42% lost 41.71 points, or 1.4%, to 2,895.58, its lowest close since late July.
Friday's DowNews followed by Thursday's Closing Dow Numbers:
AT&T: Fin times p14 "AT&T" says AT&T will pu $22 bil in capital spending into its wireless & wireline networks in each of the next 3 years.
Alcoa: No mentions found.
American Express: No mentions found.
Bank of America: Fin Times p26 "Equities slide to 3 month low after 2nd day of post poll pain" by Arash massoudi says US equities faced a 2nd day of sustained selling following Obama's re-election as stocks closed at their lowest level since Aug. 2. Fin'ls were the only sector trading ost of the day in positive territory. Bank of america rose 1.7% & JPMorgan lost 0.2%.
Boeing: WSJ pB4 "Boeing sales outpace Airbus, thansk to max" by Jon Ostrowe says Boeing is on track to outsell Airbus for the first since '06 saying it has more than 1,000 new orders this year. Boeing alos may start selling a larger version of its 787 Dreamliner.
Caterpillar: No mentions found.
Chevron: WSJ pB1 "virus aimed at Iran infected Chevron's computer network" by Rachael Kin says Stuxnet a computer virus that was vreated by US & Israel to spy on Iran's nuclear facilities also infected Chevron's network in '10.
Cisco: No mentions found.
Coke: No mentions found.
Disney: WSJ pB3 "ESPN,k parks propel Disney" by Erica Orden, IBD pA1 "Disney profit meets on parks", NYT pB3 "ESPN spurs Disney gains, but forecast is cautious" by Brooks Barnes say Disney had a 14% increase in quarterly profit for Qtr ended 9/29 as profit grew to $1.24 bil or 68 cents a share from $1.09 bil or 58 cents a year earlier. Rev increased 3% to $10.78 bil.
WSJ pC10 "Taxman holds key to unlocking the private club" by Liam Denning says since Disney agreed to buy Lucasfilm and Yates Petroleum is seeking to be sold, sales of closely held US firms have increased.
DuPont: No mentions found.
Exxon: No mentions found.
GE: No mentions found.
Hewlett-Packard: WSJ pB4 "Lenovo outruns PC woes" by Juro Osawa says Lenovo became a major PC vendor by buying IBM's PC biz in '05 is now close to becoming the world's largest as its PC shipments in the quarter were up 10% while rivals Hewlett-Packard's and Dell's were off 16% & 14% respectively.
Home Depot: No mentions found.
Intel: No mentions found.
IBM: WSJ pB4 "Lenovo outruns PC woes" by Juro Osawa says Lenovo became a major PC vendor by buying IBM's PC biz in '05 is now close to becoming the world's largest as its PC shipments in the quarter were up 10% while rivals Hewlett-Packard's and Dell's were off 16% & 14% respectively.
JPMorgan: WSJ pC3 "JPMorgan mortgage pact advances; stock buyback to resume" by Christian Berthelsen says JPM has agreed to settle an SEC investigtion into how its Bear Stearns unit handled mortgage securities and it palns to resume a $3 bil stock buyback in 1Q.
Fin Times p26 "Equities slide to 3 month low after 2nd day of post poll pain" by Arash massoudi says US equities faced a 2nd day of sustained selling following Obama's re-election as stocks closed at their lowest level since Aug. 2. Fin'ls were the only sector trading ost of the day in positive territory. Bank of america rose 1.7% & JPMorgan lost 0.2%.
Fin Times p16 "Fed backs JPMorgan plan for buyback" by Shahien Nasiripour says the Fed approved JPMorgan's plan to purchase up to $3 bil of its shares next quarter.
Johnson & Johnson: No mentions found.
McDonald's: WSJ pB1 "Mcdonald's is feeling fried" by Julie Jargon, AJC pA15 "Rare decline for McDonald's" by Candice Choi, AP, USA T p1B "McDonald's has rare sales stumble" by Bruce Horovitz, IBD pA1 "Mcdonald's Oct sales drop", NYT pB5 "Mcdonald's reports unexpectedly sharp drop in sales" by Stephanie Strom, Fin Times p16 "McDonald's sales fall adds to pressure on new chief" by Alan Rappeport say Mcdonald's reported the first drop in its monthly same store sales in 9 years showing the firm is now struggling to keep growing in the shaky global economy.
NYT pB6 "Worries about fiscal cliff still weigh on investors" by Reuters says stocks fell thurs as investors remained concerend about Washington's ability to find a solution for the fiscal cliff in coming weeks & the continuing debt crisis in Europe. McDonald's sahres fell 2% after its first monthly decline in global sales since March '03.
Merck: No mentions found.
Microsoft: USAT p2B "why investors dread higher dividend taxes" by John Waggoner lists Microsoft in a table of stocks yielding over 3% in dividends in the past 12 months.
Pfizer: No mentions found.
Procter & Gamble: No mentions found.
3M: No mentions found.
Travelers: No mentions found.
UnitedHealth: No mentions found.
United Technologies: No mentions found.
Verizon: No mentions found.
Walmart: WSJ pB8 "India probe looms for Walmart" by Rajesh Roy et al says India's central bank has asked for a investigation of Walmart re: illegal investments into a local supermarket chain despite a ban on direct foreign investment in the sector.
Thursday'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 |
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)
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Here are the Dow Jones Industrial Average 30 as of 11/2/ ranked in order of market capitalization rounded to the nearest 1/2 billion:
1. Exxon Mobil XOM $416.5
2. Microsoft MSFT 248
3.WalMart WMT 244.6
4. GE 225
5. IBM 218.5
6. Chevron CVX 212.5
7. AT&T T 201.5
8. Johnson & Johnson JNJ 195.5
9. Procter & Gamble PG 189
10. Pfizer PFE 183.5
11. Coke KO 166.5
12. JPMorgan Chase JPM 161
13. Merck MRK 140
14. Verizon VZ 127
15. Intel INTC 110.5
16. Bank of America BAC 106
17. Home Depot HD 93.5
18. Cisco CSCO 92
19. Disney DIS 89.5
20. McDonald's MCD 87.5
21. United Technologies UTX 71.5
22. American Express AXP 64
23. 3M MMM 61.5
24. UnitedHealth UNH 57
25. Caterpillar CAT 56
26. Boeing BA 53
27. DuPont DD 41
28. Hewlett-Packard HPQ 27
29. Travelers TRV 26.5
30. Alcoa AA 9.5
****************************************
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: 11/2/12 10Q for 3Q ended 9/30/12
10/24/12 2 8Ks (10/24) re: 3Q results
10/19/12 8K re: in-kind contrib. to pension plans
Alcoa AA: 10/25/12 re: 3Q ended 9/30/12
10/15/12 8K re: transcript of 3Q earnings call
10/10/12 8K re: 3Q results
10/3/12 8K re: EPA remedial plan for Grasse River
American Express AXP: 10/31/12 10Q re: 3Q ended 9/30
10/17/12 8K re: 3Q results
10/15/12 8K re: delinq. & write-off stats for 3 mos. ended 9/30
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
Bank of Am BAC: 11/2/12 10Q 3Q ended 9/30
10/17/12 8K re: 3Q results
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
Boeing BA: 10/24/12 10Q re: 3Q ended 9/30
10/24/12 8K re: 3Q rsults
10/17/12 8K re: two $2.3 bil credit agreements
8/29/12 8K re: bylaw amendments
Caterpillar CAT: 11/2/12 10Q 3Q eneded 9/30
10/22/12 8K re: 3Q results
10/19/12 8K re: Sept. dealer stats
10/12/12 8K re: officer changes
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
Chevron CVX: 11/2/12 8K re; 3Q results
10/9/12 8K re: 3Q interim results
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
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
Coke KO: 10/25/12 10Q re: 3Q ended 9/28
10/16/12 8K re: 3Q results
9/14/12 8K re: exec changes
8/23/12 8K re: shareholder approval of stock split
Disney DIS: 10/30/12 8K re: Disney to acquire Lucasfilm
8/7/12 10Q & 8/7/12 8K results for 3rd quarter ended 6/30/12
DuPont DD: 10/23/12 10Q & 8K & 10/9 8K all re: 9/30 Q results
9/4/12 8K re: sale of Performance Coatings Div to Carlyle Group for $4.9 bil
ExxonMobil XOM: 11/2/12 8K re: elecgtion of CEO of Xerox, Ursula M. Burns to Bd
11/1/12 8K re: 3Q results
8/2/12 10Q & 7/26/12 8K re: 2Q results ended 6/30/12
GE: 10/19/12 8K re: 3Q results
10/9/12 8K re: Offering of $7 bil of notes (closing)
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
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: 10/31/12 10Q & 10/17 8K & 10/16 8K all re: 9/29 Q results
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
IBM: 10/30/12 & 10/17 8K & 10/16 8K all re: 3Q results ended 9/30
10/12/12 8K reL election of Virginia M. Rometty to Chrmn of Bd.
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
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
Johnson & Johnson JNJ : 10/16/12 8K re: 3Q ended 9/30
8/16/12 8K re: discontinuance of bapineuzumbab trials
8/2/12 10Q for quarter ended 7/1/12
McDonald's MCD: 11/1/12 10Q & 10/19 8K re: 3Q ended 9/30
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
Merck MRK: 10/26/12 8K re: 3Q results
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
Microsoft MSFT: 11/2/12 8K & 10/18 10Q & 10/18 8K re: 1Q results
10/17 & 10/10 & 10/9 Proxy materials re: 11/28 Annual Meeting of Shareholders at Bellevue, Wash
10/9/12 8K re: retirement of Reed Hastings from Bd & other Bd. changes
9/18/12 8K re: increase in quarterly div & retirement of Raymond Gilmartin from Board
Pfizer PFE: 11/1/12 8K re: 3Q results
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
Procter & Gamble PG: 10/25/12 10Q & two 8Ks 10/25 re 1Q results ended 9/30
10/12/12 re: '12 Annual Shareholder Mtg results
10/9/12 8K re: dividend of 0.562 cents per share payable on 11/15 to 10/19 record holders
10/9/12 re: CEO's speech at Shareholder Mtg
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
3M MMM: 11/1/12 10Q & 10/23 8K re: 3Q ended 9/30
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
Travelers TRV: 10/18/12 10Q & 10/18 8K re: 3Q ended 9/30/12
7/19/12 10Q & 7/19/12 8K re: results of quarter ender 6/30/12
UnitedHealth Group UNH: 11/2/112 Bd. & officer changes
10/30/12 10Q for quarter ended 9/30
10/2212 8K re: underwriting agreement to sell over $3.4 bil of notes
10/16/12 8K re: 3Q results
10/9/12 8K re: purchase of 90% of Brazil firm Amil Participacoas for $4.9 bil in cash
9/10/12 re: FD disclosure re: Morgan Stanley Healthcare Conference
8/7/12 10Q re: quarter ended 6/30/12
United Technologies UTX: 10/26/12 & 10/23/12 8K re: 3Q ended 9/30
10/11 8K/A re: Goodrich purchase
9/12/12 8K re: election of Marshall Larsen to Board
Verizon Communications Inc. VZ: 11/2/12 8K re: tenderoffer for $1.25 bil of its notes
11/2/12 8K re: Agreements ith CWA & IBEW for new 3 year congtracts covering 43,000 workers
10/25 10Q & 10/18 8K & 10/5/ 8K re: 3Q ended 9/30
10/17 8K re: transfer $7.5 bil of pension plan obligations to Prudential
WalMart WMT: 9/6/12 10Q for quarter ended 7/31/12
8/16/12 8K re: 2 Qtr results
END
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