Monday, January 7, 2013

1/7/13 Mon pm Dow Closes at 13,384.29 down 50.92 or 0.38%

http://www.dowjonesmonitor.com/

Post No. 1,987 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 ranking of the Dow 30 components by market capitalization as of 1/1/13 and recent Dow 30 components' SEC filings as of 1/1/13.

The Dow Jones Industrial Average closed Monday at 13,384.29 down 50.92 or 0.38% from Friday's close of 13,435.21. Of the Dow components 12 gained, UnitedHealth was unchanged and 17 declined. The biggest gainer dollar-wise and percentage-wise was McDonald's up $1.06 or 1.18%. The biggest decliner dollar-wise was  Boeing down $1.56 and percentage-wise was Disney down 2.38%.

As of the open of the market on Monday the current divisor for the Dow Jones Industrial Average found at page C4 of Monday's Wall St. Journal is 0.130216081. Monday's trailing P/E ratio is 14.92 up from Friday's opening trailing P/E ratio of 14.86 (year ago it was 13.37); Monday's P/E estimate is 12.22 down from Friday' s opening P/E estimate of 12.57 (year ago it was 111.92) and Monday's dividend yield is 2.64 up from Friday's opening dividend yield of 2.56 (last year it was 2.59). 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.

Monday's Dow Jones Industrial Average closing numerator was 1,742.85 down 6.63 from Friday's closing numerator of 1,749.48. 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 $58.09 down 23 cents from Friday's average of $58.32. The median closing price of Monday's Dow Jones Industrial Average was $51.52 (DIS/UNH) down 62 cents from Friday's median closing price of $52.14. 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 $663 ($174,948 - 174,285).

Monday 1/7/13 MarketWatch 4:27 pm by Kate Gibson says U.S. stocks fell on Monday, with the S&P 500 index retreating from a five-year high, as Wall Street looked to the next day’s start of the fourth-quarter earnings season. The S&P 500 index SPX -0.31%  fell 4.58 points, or 0.3%, to end at 1,461.89, with utilities and energy leading the declines and health care and telecommunications faring best among its 10 major sectors.The benchmark rose 4.6% last week to its highest close since Dec. 31, 2007. Alcoa fourth-quarter results on Tuesday kick off earnings season and the Consumer Electronics Show heats up Las Vegas.With the threat of steep spending cuts and tax hikes averted, and the next showdown over the debt ceiling not likely to concern investors until February, Wall Street will shift its focus to results from American corporations.“Earnings do matter, but what may be as important is the outlook for the first quarter,” said Jim Russell, chief equity strategist and regional investment director at U.S. Bank Wealth Management.“The equities market is trying so hard to find the all-clear signal, but we think managements will indicate the quarter slowed from October through December, so a slow start to 2013,” he said.“The fourth quarter could tend to be a bit bumpy this time around, with the outlook for the first quarter cautious because of the Washington situation,” said Russell of the coming showdown over raising the U.S. debt ceiling.
The Dow Jones Industrial Average DJIA -0.38%  dropped 50.92 points, or 0.4%, to end at 13,384.29, with Walt Disney Co. DIS -2.34%  and Boeing Co. BA -2.01%  among the top decliners in the 30-component benchmark.Intel Corp. INTC +0.43%  was one of the gainers in the Dow, its shares up 0.4% after Lazard Capital Markets upgraded the chip maker.Intel, along with Qualcomm Inc. QCOM +0.80%  and some other tech companies, are holding media presentations Monday at the Consumer Electronics Show in Las Vegas. The Nasdaq Composite index COMP -0.09%  declined 2.84 points, or 0.1%, to 3,098.81. More than 625 million shares traded on the New York Stock Exchange.
Composite volume exceeded 3.27 billion. Shares of Illumina Inc. ILMN -7.06%  fell 7.1% after Roche Holding AG RHHBY -0.14%   CH:ROG -0.53%  said it would not be making an offer for the maker of DNA-sequencing.Walgreen Co. WAG +2.29%  added 2.3% after Jefferies Group Inc. raised its rating of the drugstore chain to buy from hold. Yahoo Inc. YHOO -2.32%  declined 2.3% after Sanford C. Bernstein & Co. downgraded shares of the search engine.Amazon.com Inc. AMZN +3.59%  gained 3.6% after Morgan Stanley upgraded it. Alcoa Inc. AA -1.73%  reports after Tuesday’s close, with the aluminum producer the first Dow component slated to release fourth-quarter results.Mortgage lender Wells Fargo & Co. WFC -0.49%  reports earnings Friday.
On Capitol Hill, Republicans are linking raising the U.S. debt ceiling to reduced spending on entitlement programs including Medicare. Congress has to move as soon as mid-February to keep the country out of default. The CBOE volatility index VIX -0.29% , a gauge of investor uncertainty, had its biggest weekly drop ever, as fear over the fiscal cliff gave way to relief that a deal had been reached. “The meteoric rise we’ve had in the last week is certainly not sustainable. We had a sizable can kicked down the road, and only kicked a couple of months out,” said Randy Frederick, managing director of trading and derivatives at Charles Schwab & Co. Inc.“We’ve had so many distractions the last couple of earnings seasons. The unfortunate thing is I’m not sure earnings are going to be all that good,” said Frederick.Still, “expectations have been lowered enough so that even though Q4 earnings will be mediocre at best,” the results should be priced into the market, said Frederick.

Monday's Closing Dow Numbers:

Symbol Last Sale Change % Change Share Volume Market
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 Monday morning's Blog:

A read of the print editions of Monday's Barron's & Investor's Business Daily, Wall St. Journa , 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 Friday's stock prices and related data in alphabetical order.

Dow Jones Industrial Average: The Dow Jones Industrial Average closed Friday at 13,435.21 up 43.85 or 0.33% from Thursday's close of 13,391.36. For the week the Dow was up 497.10 or 3.84% from last Friday's close of 12,938.11. For the year the Dow is up 2.53%. Of the Dow components 24 gained and 6 declined. The biggest gainer dollar-wise was Disney up 96 cents and percentage-wise was Alcoa up 2.04%. The biggest decliner dollar-wise was IBM down $1.26 and percentage-wise was Microsoft down 1.87%.

IBD pB8 "nasdaq's 4.8% weekly pop is its biggest in 13 months" by Paul Whitfield says stocks tacked on small gains Fri as they put the finishing touch on the Nasdaq's strongest week in more than a year as Friday's action was up in declining vol and the current outlook is a confirmed uptrend.

WSJ pB4 "Stocks start year witha bang" by Kaitlyn Kiernan, Matt jarzemskys ays st ocks ended the first week of the new year with a bank with the S&P nothcing a 5 year higha nd the Dow having its biggest weekly gain since Dec. '11.

Sat. NYT pB4 "S&P reaches 5 year high after jobs repor" by AP says the S&P closed at its highest level in 5 years on Fri after a report showed that hiring held up in Dec, giving stocks an early lift.

FT p11 "Wall St ends at highest level since fin'l crisis" by Arash massoudi says US stocks closed at their highest level since the fin'l crisis after a week that saw investors bidding up equities as policymakers acted to prevent large tax hikes that would have slowed the US economic recovery.


Friday's Dow Jones Industrial Average closing numerator was 1,749.48 up 5.71 from Thursday's closing numerator of 1,743.77. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator increase for today by the divisor (0.130216081) you get the increase 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 Friday's Dow Jones Industrial Average was $58.32 up 19 cents from Thursday's average of $58.13. The median closing price of Friday's Dow Jones Industrial Average was $52.14 (DIS/UNH) up 59 cents from Thursday's median closing price of $51.55. The lowest volume was Travelers and the highest volume again was Bank of America.

If Friday 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 made $571 ($174,948 - $174,390).

Friday 1/4/13 MarketWatch 4:10 pm by Polya Lesova says U.S. stocks
rose on Friday and posted strong weekly gains, with the S&P 500 closing at its highest level since 2007, after Congress passed crucial budget legislation and data showed the economy is continuing to add jobs at a moderate pace. The S&P 500 index SPX+0.49% rose 7.10 points, or 0.5%, to 1,466.47; for the week, it gained 4.6%, its best weekly performance since December 2011. The Dow Jones Industrial Average DJIA+0.33% climbed 43.85 points, or 0.3%, to 13,435.21, leaving it up 3.8% for the week. The Nasdaq Composite index COMP+0.04% gained 1.09 points, or 0.04%, to 3,101.66, as shares of Apple Inc. AAPL-0.27% dropped 2.8%. For the week, the Nasdaq rallied 4.8%.

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

AT&T: Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

Alcoa: FT p22 "Alcoa to forge better profits but debt cloud looms" by Ed Crooks, WSJ pC2 "The ticker", Barron's p13 "Week preview" by Robin Goldwyn Blumental say on Monday JPMorgan is expected to seek approval for a dividend rise and a share repurchase. On Tues Alcoa reports results after the market closes, unofficially kicking off the 4Q earnings season. On Thursday Chevron gives investors a 4Q interim update.

Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

American Express: No mentions found.

Bank of America: NYT pB3 "Judge calls for revision of $20 mil payout in Bank of America suit" by Gretchen Morgenson says 2 pension funds are told to try to get a better deal from Bank of America per a federal judge orders.

Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft.

WSJ pB1 "Big banks readying payout plans" by Suzanne Kapner, Dan Fitzpatrick says JPMorgan will submit a plan that calls for a dividend rise and a share repurahce plan despite more than $6 bil in trading losses in '12. Bank of America is the biggest stock market gainer last year of big US fin'l firms with a 109% jump and this week surpassed $12 a share for the first time since May '11.

Fin Times p9 "BofA icnreases mrotgage and corp lending" by Tom Braithwaite says Bank of America is ramping up mortgage & corp lending after 2 years of focusing on impproving capial elvels. CEO Moynihan said BofA shold overtake JPMOrgan in direct to consumer mortgae lending in the next 6 months.

Boeing: Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

Caterpillar: No mentions found.

Chevron: WSJ pB3 "Exxon sets $14 bil Canadian oil project" by Ben Lefebvre, Alistar MacDonald says Exxon will spend $14 bil to develop the Hebron oil field off the shore of eastern Canadian province Newfoundland and Labrador, to yield 700 mil barrels of oil Chevron will have a minority share.

Barron's p13 "Week preview" by Robin Goldwyn Blumental says on Monday JPMorgan is expected to seek approval for a dividend rise and a share repurchase. On Tues Alcoa reports results after the market closes, unofficially kicking off the 4Q earnings season. On Thursday Chevron gives investors a 4Q interim update.

Barron's p19 & Cover story "Income winners" by Andrew Bary says blue chips with 3% plus yields include Pifzer, Merck, Procter & Gamble, Microsoft, Intel and Chevron.

Cisco: Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

Coke: Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft.

Disney: NYT pB1 "The Digital kingdom" by Brooks Barnes says Disney wikll introduce a vacation management system called MyMagic+ that wold have visitors would rubber bracelots encodes with credit card info and other info.

Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft.

WSJ pB3 "Hulu CEO to depart as site ponders strategy" by Christopher S. Stewart, Sat. NYT pB3 "Hulu's chief is leaving, rasing questions about its future" by Brian Stelter, Amy Chozick, Sat. AJC pA7 "Hulu's CEO leaving, provides no reason", say Hulu, owned by Disney, Comcast, and News Corp, will lose its CEO Jason Kilar amid debate about Hulu's future strategy as to whether it should be ad supported free service or subscription.

DuPont: No mentions found.

Exxon: WSJ pB3 "Exxon sets $14 bil Canadian oil project" by Ben Lefebvre, Alistar MacDonald says Exxon will spend $14 bil to develop the Hebron oil field off the shore of eastern Canadian province Newfoundland and Labrador, to yield 700 mil barrels of oil Chevron will have a minority share.

GE: Barron's p29 "Sidestepping losers is the way to win" by Martin Fridson is a book review of a book by John Del vecchio and Tim Jacobs "What's behign the numbers?" that says you should avoid firms with serial restructuring charges such as Hewlett-Packard and firms sluch as GE due to its mind numbing fin'l complexity.

Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

Hewlett-Packard: IBD pA8 "Harvard ranks top 100 CEOs' says the highest ranked woman on the list is Hewlett-Packard's CEO Meg Whitman.

Barron's p29 "Sidestepping losers is the way to win" by Martin Fridson is a book review of a book by John Del vecchio and Tim Jacobs "What's behign the numbers?" that says you should avoid firms with serial restructuring charges such as Hewlett-Packard and firms sluch as GE due to its mind numbing fin'l complexity.

Home Depot: Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

Intel: Barron's p19 & Cover story "Income winners" by Andrew Bary says blue chips with 3% plus yields include Pifzer, Merck, Procter & Gamble, Microsoft, Intel and Chevron

IBM: WSJ pB3 "IBM says services ehad to retire, splits duties" by Spencer Ante says the IBM exec, Michael Daniels, in charge of its services biz is retiring and his duties are being turned over to 2 subordinates, Bridget van Karlingens & Erick Clementi who will report to CEO Virginia M. Rometty.

JPMorgan: Barron's p12 "Week review" says the US credit union regulator sued JPMorgan and Washington Mutual re: $2.2 bil in mortgage securities sold to credit unions.

Barron's p13 "Week preview" by Robin Goldwyn Blumental says on Monday JPMorgan is expected to seek approval for a dividend rise and a share repurchase. On Tues Alcoa reports results after the market closes, unofficially kicking off the 4Q earnings season. On Thursday Chevron gives investors a 4Q interim update.

Fin Times p9 "BofA icnreases mrotgage and corp lending" by Tom Braithwaite says Bank of America is ramping up mortgage & corp lending after 2 years of focusing on impproving capial elvels. CEO Moynihan said BofA shold overtake JPMOrgan in direct to consumer mortgae lending in the next 6 months.

Johnson & Johnson: Barron's p22 "Blockbuster potential" by Johanna Bennett discusses the 5 most promising new drugs for '13 and says that even at a giant such as Merck with annual sales of more than $45 bil, a drug that sells $1 bil annually is real money. Canagliflozin is a drug from Johnson & Johnson that lowers blood sugar levels by increasing glucose excretion in the urine and helps patients lsoe weight. Merck's Suvorexant is also on the list and it is designed to help 70 mil sleepless Americans sleep by blocking chemical messengers called orexins. The insomnia narket though littered with generics is big.

McDonald's: USA Today p4B "Could McDonald's have made me rich?" by Matt Krantz says if you had bought $10,000 worth of McDonald's stock in 1988, they would now be worth $154,678.

Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

Merck: Barron's p19 & Cover story "Income winners" by Andrew Bary says blue chips with 3% plus yields include Pifzer, Merck, Procter & Gamble, Microsoft, Intel and Chevron.

Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

Microsoft: WSJ pB4 "Microsoft finds lving room draws a crowd" by Shira Ovide says products are springing up to mesh traditional TV with online video and other Web features. Xbox 360 console now has a lot of competition.

WSJ pB1 "Electronics develop a sixth sense" by Don Clark says the first Consumer Electornics Show keynote will be hosteed by Qualcomm's CEO which is a slot that for years held by Microsoft's Bill Gates.

Daily Report p6 "Google pledges changes to end FTC probe" by Victoria Slind-Flor, Bloomberg says the FTC's decision to end the Gooble investigation is a blow to Microsoft and other Google rivals.

Barron's p19 & Cover story "Income winners" by Andrew Bary says blue chips with 3% plus yields include Pifzer, Merck, Procter & Gamble, Microsoft, Intel and Chevron.

WSJ pB3 "Behing Google's anitrust escape" by Brent Kendall, Amir Efrati, Thomas Catan, Shira Ovide says the FTC's decision shows how anti-Google lobbying from Microsoft had little effect.

FT p9 "Googel reaps rewards from Microsoft's mistake" by Richard Wates says Google learned from Microsoft's mistake in allowing their increasing industry dominance to provoke a regulatory backlash.

WSJ pB14 "Google's win comes with a catch" by Rolfe Winkler says when Google bought Motoroal Mobility in '11 it though it was getting IP that would help defend its Android mobile op system from patent infringement claims by Apple and Microsoft the recent FTC action limits Google's ability to use certain Motorola patents to pursue injunctions against other firms willing to pay a reasonable license fee.

Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

Pfizer: Barron's p19 & Cover story "Income winners" by Andrew Bary says blue chips with 3% plus yields include Pifzer, Merck, Procter & Gamble, Microsoft, Intel and Chevron.

Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

Procter & Gamble: Barron's p19 & Cover story "Income winners" by Andrew Bary says blue chips with 3% plus yields include Pifzer, Merck, Procter & Gamble, Microsoft, Intel and Chevron

3M: No mentions found.

Travelers: No mentions found.

UnitedHealth: Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

United Technologies: No mentions found.

Verizon: Barron's p28 "A year to remember" by Shirley A. Lazo says for Dow stocks, dvididend boosts were plentiful in '12 as did the following 10 Dow components: AT&T, Boeing, Cisco, Disney, GE, McDonald's, Merck, Microsoft, Pfizer and Verizon Comm. All but 3 of the Dow components, Alcoa, Bank of America, Home Depot, added to their payouts in '12. Coca-Cola split its stock 2 for 1 and UnitedHealth Group replaced Kraft

Walmart: IBD pA2 "Walmart ad claims disputed" says Best Buy and Toyrs R US coplaints about Walmart's ads touting low prices were refuted by Walmart.

Friday'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) (has announced retirement in May '13)

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 1/1/13 ranked in order of market capitalization in billions:

1. Exxon Mobil XOM $394.61
2. WalMart WMT 228.25
3. Microsoft MSFT 224.80
4. GE 220.11
5. IBM 216.44
6. Chevron CVX 211.65
7. AT&T T 194.47
8. Johnson & Johnson JNJ 194.27
9. Procter & Gamble PG 185.63
10. Pfizer PFE 184.65
11. JPMorgan Chase JPM 167.14
12. Coke KO 162.59
13. Bank of America BAC 125.13
14. Merck MRK 124.46
15. Verizon VZ 123.49
16. Cisco CSCO 104.32
17. Intel INTC 102.61
18. Home Depot HD 92.48
19. McDonald's MCD 88.56
20. Disney DIS 88.23
21. United Technologies UTX 75.17
22. American Express AXP 64.32
23. 3M MMM 64.25
24. Caterpillar CAT 58.60
25. Boeing BA 56.83
26. UnitedHealth UNH 55.41
27. DuPont DD 41.94
28. Travelers TRV 27.40
29. Hewlett-Packard HPQ 27.76
30. Alcoa AA 9.26

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

Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 1/1/13:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

AT&T T: 12/18/12 8K re: issuance of long term Global Notes
12/17/12 8K re: sales of 1 bil in Euros of 3.5% of Global Notes due 2032
12/12/12 8K re: extension of $5 bil revolving credit agreement
12/11/12 8K re: closing of sale of $4bil of Global Notes
12/4/12 8K re: underwriting agreement Global Notes due '20
11/20/12 8K re: Announcemnt of reference yield of notes & results of exchange offer
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: 12/17/12 8K re: delinq. & write-of stats for 3 months ended 11/30/12
12/12/12 8K re: results of notes exchange offer
11/28/12 8K results of private exchange offer
11/27/12 8K re: terms of privte exchange offer
11/15/12 8K re: write-off credit stats Aug., Sept., Oct
11/13/12 8K re: announcement of private offer
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


Bank of Am BAC: 11/5/12 8K re: redemption of sub debentures
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 Chair Charles H. Noski as of 9/1
8/2/12 10Q for quarter ended 6/30/12


Boeing BA: 12/19/12 8K re: award of stock options to execs
12/17/12 8K re: increase of quarterly div. & resumption of share buyback program
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


Caterpillar CAT: 12/20/12 8K re: supplemental info re: sales of machines & power systems
12/17/12 8K re: retirement from Bd. of Eugene V. Fife due to mandatory retirement age
11/20/12 8K re: 3 months dealer stats
11/6/12 8K re: executive compensation for Group Pres.
11/6/12 Prospetus for exchange offer of debentures
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


Chevron CVX: 12/5/12 8K re: issuance of $2 bil of notes
11/6/12 10Q Qtr. ended 9/30/12
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


Cisco CSCO: 12/21/12 & 12/19/12 8Ks re: execs' pre-arranged stock trading plan
11/20/12 10Q & 11/13/12 8K re: Qtr. ended 10/27
11/16/12 8K re: amdmt to exec. comp. plan
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


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


Disney DIS: 11/29/12 8K re: issuance of $2 bil Global Notes
11/21/12 10K & 11/8/12 8K re: results year ended 9/29
10/30/12 8K re: Disney to acquire Lucasfilm


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: 12/4/12 8K re: grant of bonus to CEO tillerson of $4.5 mil
11/30/12 8K re: retirement of SVP D.D. Humphreys
11/6/12 10Q for Qtr ended 9/30
11/2/12 8K re: elecgtion of CEO of Xerox, Ursula M. Burns to Bd
11/1/12 8K re: 3Q results


GE: 12/13/12 8K re: revised segment fin'l info for prior 2 qtrs.
11/7/12 10Q for Qtr ended 9/30
10/19/12 8K re: 3Q results
10/9/12 8K re: Offering of $7 bil of notes (closing)


Hewlett-Packard HPQ: 12/27/12 10K for year ended 10/31/12
11/20/12 8K re: results year ended 10/31
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

Home Depot HD: 11/21/12 10Q & 11/13/12 8K re: 4Q ended 10/28
11/16/12 8K re: resignation of Ron L. Sargent from BOD
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: 12/14/12 8K re: issuance of $175 mil of 4.2% due 2042
12/11/12 8K re: issuance of $6 bil of notes
12/6/12 & 12/4/12 8Ks re: issuance of $6 bil of Notes
12/4/12 8K re: adoption of FASB standard
11/19/12 8K re: retirement of Paul S. Otellini at May Annual Mtg. of Shareholders
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

IBM: 11/16/12 8K re: sale of 1.375% Notes
11/5/12 8K re: bae salary of $1.5 mil for CEO Virginia Rometty
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


JPMorganChase JPM: 12/5/12 8K re: Mark W. O'Donovan is now Controller
12/4/12 8K re: slides from U.S. fin'l services inv. conf.
12/4/12 8K re: reorganization
11/21/12 8K re: Marianne Lake is now CFO, other appointments
11/8/12 10Q for Qtr ended 9/30
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


Johnson & Johnson JNJ: 12/3/12 8K re: CEO Alex Gorsky replaces Bill Weldon as Chiar of BOD eff. 12/28
11/9/12 8K re: Eugene Washington is on BOD
11/9/12 10Q for Qtr ended 9/30
10/16/12 8K re: 3Q ended 9/30


McDonald's MCD: 12/13/12 8KA & 12/11/12 re global sales
12/4/12 8K & 11/15/12 8K re: Jeff Stratton succeeds Janice Fields as Pres. of McDonald's USA
11/9/12 8K re: global sales decreased 1.8% in Oct.
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.


Merck MRK: 11/29/12 8K re: Amendment to Control seperation Benefits Plan
11/9/12 10Q re: Qtr ended 9/30
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: 11/29/12 8K re: results of annual shareholders mtg.
11/16/12 8K re: resignation of Steven Sinofsky as Pres. of Windows Div.
11/7/12 8K re: issuance of $2.25 bil of notes
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: 11/9/12 10Q re: Qtr ended 9/30
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: 12/12/12 8K re: fin'l outlook for 2013 and eps estimate
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: 12/5/12 8K re: estimate of losses due to Hurricane Sandy
10/18/12 10Q &
10/18 8K re: 3Q ended 9/30/12


UnitedHealth Group UNH: 12/6/12 & 11/19/12 8Ks re: purchase of over 60% of shares of Amil
11/26/12 8K re: annual inv. conf.
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: 12/17/12 8K re: completion of sale of ind'l products biz for $3.46 to finance purchase of Goodrich which closed earlier in the year
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: 12/10/12 8K re: purchase of single premium annuity contract
from Prud'l to settle $7.5 bil of pension liabilities
12/8/12 8K re: election of EVP Merchandizing
11/13/12 8K re: Cellco Partnership d/b/a Verizon Wireless disgtri buted $18.5 bil to the two owners, Verizon Communications & Vodaphone
11/8/12 8K re: disclsoure of Wells Fargo Tech, Media & telecom Conf.
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: 12/4/12 10Q & 11/15/12 8K re: results of Qtr ended 10/31
9/6/12 10Q for quarter ended 7/31/12
END

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