Post No. 2,119 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 and recent Dow 30 components' SEC filings.
A read of the print editions of Monday's Barron's, the combined Sat/Sun issue and Friday's Wall St. Journal, the combined Sat/Sun issue and Friday's Financial Times, Sun., Sat. & Friday's New York Times, Friday's Investor's Business Daily, Sun, Sat. & Friday's Atlanta Journal Constitution, Friday's USA Today and Friday's 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 Industrial Average: The Dow Jones Industrial Average closed Thursday at 14,578.54 up 52.38 or 0.36% from Wednesday's close of 14,559.65. For the year the Dow is up 11.25%. Of the Dow components 24 gained, Procter & Gamble was unchanged and 5 declined. The biggest gainer dollar-wise and percentage-wise was IBM up $2.41 or 1.14%. The biggest decliner dollar-wise and percentage-wise was Chevron down $1.37 or 1.14%.
Sat. Fin times p11 "BlackBerry slips even while investors rush to US haven" by Vivianne Rodrigues says Wall St. wrapped up the holiday shortened week on a more upbeat note after the S&P rose through its all time closing high, buoyed by an improving outlook for the US economy.
Fri WSJ pC1 "S&P high is a show of faith in Fed" by E.S. Browning, Fri. WSJ pC4 "Behind the climb to a new S&P high" by Steven Rlussolillo, Emilio Chan say the S&P is up 132% from its 3/9/09 low of 676.53. The battle betwee Apple and Exxon for the top market cap has been going on for a year. Thursday's rise was due to an upgrade to economists' estimates of economic growth late lasat year. This offset fears about Cyprus and new US weekly unemployment claims ticking higher.
Fri. NYT pB1 "S&P surpasses high point of '07" by Nathaniel Popper says the S&P reached its new high despite concern over Cyprus.
Fri IBD pB8 "Stocks dismiss weak data chug to modest advance" by Paul Whitfield says thursday's action was up in rising vol but trade is still below average while the current outljook is still a confirmed uptrend.
As of the close of the market on Thursday the current divisor for the Dow Jones Industrial Average found at page B4 of Saturday's Wall St. Journal is 0.130216081. Thursday's closing trailing P/E ratio is 15.95 up from Thursday's opening P/E ratio of 15.94 (year ago it was 14.71); Thursday's closing P/E stimate is 12.90 unchanged from Thursday' s opening P/E estimate of 12.90 (year ago it was 12.65) and Thursday's closing dividend yield is 2.44 down from Thursday's opening dividend yield of 2.45 (last year it was 2.49). The Dow's all-time high was 14,578.54 on March 28, 2013. 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 1,898.36 up 6.84 from Wednesday's closing numerator of 1,891.54. 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 change for today by the divisor (0.130216081) you get the change 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 $63.28 up 23 cents from Wednesday's average of $63.05. The median closing price of Thursday's Dow Jones Industrial Average was $57 (DIS/UNH) up 45 cents from Wednesday's median closing price of $56.55. The lowest volume was Travelers 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 made $684 ($189,835 - $189,154).
3/28/13 Thursday 4:27 pm MarketWatch by Kate Gibson says U.S. stocks rose on Thursday, with the S&P 500 and the Dow industrials finishing at record highs, as investors looked to get into equities as the first quarter came to a close. The S&P 500 recorded a quarterly advance of 10%, its best performance in a year, with the bull market in March beginning a fifth year, supported by easy monetary policy by the Federal Reserve and other central banks.“Share prices are validating what has already come through in the form of corporate profits — they are at all-time highs,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott.“It’s all the rage to talk about how it’s Fed-induced, and clearly the Fed has played a role in [the stock market’s] recovery, but we’re at 14 times forward earnings now, and that is not all that unreasonable,” said Luschini, referring to the Federal Reserve’s monetary policy. In mid-morning trade, the S&P 500SPX +0.41% surpassed its record close, set in October 2007, but its intraday high of 1,576.09, set on Oct. 11, 2007, remained elusive. Blackberry beat expectations for the fourth quarter and reported one million of its new Z10 smartphones were shipped during the period. “A close over 1,565 today on the S&P 500 will surely get the media excited. It will probably get more people to move their S&P targets higher and the talk will be 1,600 is a ‘piece of cake.’ Since when was predicting the market over the short term like a walk in the park?” said Elliot Spar, market strategist at Stifel Nicolaus & Co. After climbing to a high of 1,570.28, the S&P 500 added 6.34 points, or 0.4%, at 1,569.19.“As investors really look at their holdings and evaluate the 10% gains for this quarter, that is a nice return,” said Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. So-called ‘window dressing,’ where fund managers want their end-of-quarter balance sheets to reflect participation in gaining stocks, is a likely factor in Thursday’s session, according to Silverblatt. Investors offered little reaction to largely disappointing economic reports, which had fourth-quarter economic growth revised up to 0.4% from a previous estimate of 0.1%, weekly jobless claims up by 16,000 and a gauge of business activity in the Chicago region worse than expected.
Sunday's, Saturday's & Friday's Dow News & Thursday's Closing Dow Numbers:
SymbolLast SaleChange% ChangeShare VolumeMarket
AT&T TNYSE: Barron's p15 "Buybacks that companies and investors can love" byJjack Hough says AT&T is among the big firms ahat are buying back stock in a way that gives a bullish singal for investors.
Fri WSJ pB1 "T-Mobile deal for MetroPCS threatened" by Anton Troianovski, Thomas Gryta says Deutsche Telekom's attempt to merge its T-Mobile USA with metroPCS may not get enough votes. 15 months ago the US Justice Dept scuttled efforts to sell T-Mobile to AT&T for $39 mil.
Fri. WSJ pB3 "Samsung;s Galazy S4 to be sold for $250" by Matthew Lynley says AT&T will start selling it 4/16 with a 2 year contract.
Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates.
Alcoa AANYSE: No mentions found.
American Express AXPNYSE: No mentions found.
Bank of America ACNYSE: Fri WSJ pC3 "BoA's big earner not CEO" says Thomas Montag, head of BofA's Investment Bank made $14.5 mil. At JPMorgan several execs made more than the CEO in '12.
WSJ pC3 "Mortgages top fin'l complaint list" by Alan Zibel, Andrew Ackerman, Jeremy Singer-Vine says Bank of Ameircia had the most consumer coplaints with the Consumer Fin'l Protection Bureau over the past 16 months. Well Fargo was second, JPMorgan was third and GE Capital Retail was 9th.
Boeing BANYSE:Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates. LIFT "Let's Invest for Tomorrow" is another coalition which is trying to get rid of overseas taxes by the US and includes Cisco and Procter & Gamble.
Fri. WSJ pB1 "Potty drama: copeting to improve airplane toilets" by Susan Carey discusses how Boeing and other aircraft makers design their toilets to maximize space.
Fri USAT p1B "Boeing Boss sees Dramliner progress", Fri IBD pA2 "Boeing looks for 787 clearance" say Boeing is very close to fixing the 787.
Caterpillar CATNYSE: Barron's p5 "Don't worry, be bullish" by Randall W. Forsyth says the top performing dow stock for the quarter was Hewlett-Packard up 67.3% on hopes that CEO Meg Whitman can turn it around. Procter & Gamble is a darling and Caterpillar has been a miserable performer as has other capital goods producers.
Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates. LIFT "Let's Invest for Tomorrow" is another coalition which is trying to get rid of overseas taxes by the US and includes Cisco and Procter & Gamble. Caterpillar is also named as being active in this regard.
Chevron CVXNYSE: Sat. WSJ pB1 "For il firm, big money in saving idle iron" by Daniel Gilbert says the biggest operators in the Gulf like Chevron have to deal with what they do with platforms after drilling is done.
Cisco CSCONASDAQ-GS: Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates. LIFT "Let's Invest for Tomorrow" is another coalition which is trying to get rid of overseas taxes by the US and includes Cisco and Procter & Gamble. Caterpillar is also named as being active in this regard.
Coke KONYSE: No mentions found.
Disney DISNYSE: Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates.
DuPont DDNYSE: No mentions found.
Exxon XOMNYSE: Fri. WSJ pC4 "Behind the climb to a new S&P high" by Steven Rlussolillo, Emilio Chan says the S&P is up 132% from its 3/9/09 low of 676.53. The battle betwee Apple and Exxon for the top market cap has been going on for a year.
GE GENYSE: Fri WSJ pC3 "BoA's big earner not CEO" says Thomas Montag, head of BofA's Investment Bank made $14.5 mil. At JPMorgan several execs made more than the CEO in '12.
WSJ pC3 "Mortgages top fin'l complaint list" by Alan Zibel, Andrew Ackerman, Jeremy Singer-Vine says Bank of Ameircia had the most consumer coplaints with the Consumer Fin'l Protection Bureau over the past 16 months. Well Fargo was second, JPMorgan was third and GE Capital Retail was 9th.
Fri WSJ pB1 "How firms tap overseas cash" by Kate Linebaugh explains how firms such as Hewlett-Packard and GE borrow money from their foreign subsidiaries.
Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates.
Hewlett-Packard HPQNYSE: Barron's p5 "Don't worry, be bullish" by Randall W. Forsyth says the top performing dow stock for the quarter was Hewlett-packard up 67.3% on hopes that CEO Meg Whitman can turn it around. Procter & Gamble is a darling and Caterpillar has been a miserable performer as has other capital goods producers.
Barron's p21 "Google and Facebook are shaking up the server market" by Tiernan Ray says Hewlett-Packard and Dell, the top two global vendors of server coputers, are caught in a whirlwind of change. In 4Q, Hewlett-packard's enterprise group wich sells primary servers accounted for 16% of total profit while PCs produced only 3% of earnings.
Sat. WSJ pB1 "Bd directors and why they aren't thrown out" discusses the controversy over the re-election of Hewlett-Packard's board of directors.
Fri WSJ pB1 "How firms tap overseas cash" by Kate Linebaugh explains how firms such as Hewlett-Packard and GE borrow money from their foreign subsidiaries.
Home Depot HDNYSE: No mentions found.
Intel INTCNASDAQ-GS: Fri WSJ pB5 "Demand grows for supercomputers" by Don Clark says the advance in coputer horsepower is from changes in semiconductors. In the 1990;s manufacturers tarted using chips from Intel and ADM. The chips used too much electricity so IBM responded with low powe chips.
IBMNYSE: Fri WSJ pB5 "Demand grows for supercomputers" by Don Clark says the advance in coputer horsepower is from changes in semiconductors. In the 1990;s manufacturers tarted using chips from Intel and ADM. The chips used too much electricity so IBM responded with low powe chips.
JPMorgan JPMNYSE: Fri WSJ pC3 "BoA's big earner not CEO" says Thomas Montag, head of BofA's Investment Bank made $14.5 mil. At JPMorgan several execs made more than the CEO in '12.
WSJ pC3 "Mortgages top fin'l complaint list" by Alan Zibel, Andrew Ackerman, Jeremy Singer-Vine says Bank of Ameircia had the most consumer coplaints with the Consumer Fin'l Protection Bureau over the past 16 months. Well Fargo was second, JPMorgan was third and GE Capital Retail was 9th.
Johnson & Johnson JNJNYSE: WSJ pB3 "New J&J diabetes drug receives FDA approval" by Peter Loftus, Nathalie Tadena says the FDA approved Invokana, a new drug for Type 2 diabetes, made by a J&J unit Janssen Pharmaceuticals Inc. It is in a new class of treatments designed to help lower blood sugar by causing excretion of glucose in urine. It is in a class of drugs called SGLT2 inhibitors due to their mechanism of blocking a target int he kidney known as sodium glucose cotransporter 2. SGLT2 drugs will be an option after oral diabetes pills such as Merck's blockbuster Januva which had more than $4 bil in sales last year.
McDonald's MCDNYSE: No mentions found.
Merck MRKNYSE: WSJ pB3 "New J&J diabetes drug receives FDA approval" by Peter Loftus, Nathalie Tadena says the FDA approved Invokana, a new drug for Type 2 diabetes, made by a J&J unit Janssen Pharmaceuticals Inc. It is in a new class of treatments designed to help lower blood sugar by causing excretion of glucose in urine. It is in a class of drugs called SGLT2 inhibitors due to their mechanism of blocking a target int he kidney known as sodium glucose cotransporter 2. SGLT2 drugs will be an option after oral diabetes pills such as Merck's blockbuster Januva which had more than $4 bil in sales last year.
Microsoft MSFTNASDAQ-GS: No mentions found.
Pfizer PFENYSE: No mentions found.
Procter & Gamble PGNYSE: Barron's p5 "Don't worry, be bullish" by Randall W. Forsyth says the top performing dow stock for the quarter was Hewlett-packard up 67.3% on hopes that CEO Meg Whitman can turn it around. Procter & Gamble is a darling and Caterpillar has been a miserable performer as has other capital goods producers.
Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates. LIFT "Let's Invest for Tomorrow" is another coalition which is trying to get rid of overseas taxes by the US and includes Cisco and Procter & Gamble.
3M MMMNYSE: No mentions found.
Travelers TRVNYSE: No mentions found.
UnitedHealth UNHNYSE: No mentions found.
United Technologies UTXNYSE: No mentions found.
Verizon VZDualListed: No mentions found.
Walmart WMTNYSE: No mentions found.
“Consumer confidence in March recently weakened, jobless claims appear to be turning up and now the Chicago PMI was weaker than expected. This trend absolutely bears watching,” noted Dan Greenhaus, chief global strategist at BTIG LLC. The Dow Jones Industrial Average DJIA +0.36% rose 52.38 points, or 0.4%, to 14,578.54. The blue-chip index, which first took out its 2007 record high on March 5, rose 11.3% gain in the first quarter. The Nasdaq compmposite COMP +0.34% added 11 points, or 0.3%, to 3,267.52, leaving it up 8.2% for the quarter. For every two stocks falling, roughly three rose on the New York Stock Exchange, where 687 million shares exchanged hands. Composite volume cleared 3.2 billion.
Sunday's, Saturday's & Friday's Dow News & Thursday's Closing Dow Numbers:
SymbolLast SaleChange% ChangeShare VolumeMarket
AT&T TNYSE: Barron's p15 "Buybacks that companies and investors can love" byJjack Hough says AT&T is among the big firms ahat are buying back stock in a way that gives a bullish singal for investors.
Fri WSJ pB1 "T-Mobile deal for MetroPCS threatened" by Anton Troianovski, Thomas Gryta says Deutsche Telekom's attempt to merge its T-Mobile USA with metroPCS may not get enough votes. 15 months ago the US Justice Dept scuttled efforts to sell T-Mobile to AT&T for $39 mil.
Fri. WSJ pB3 "Samsung;s Galazy S4 to be sold for $250" by Matthew Lynley says AT&T will start selling it 4/16 with a 2 year contract.
Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates.
Alcoa AANYSE: No mentions found.
American Express AXPNYSE: No mentions found.
Bank of America ACNYSE: Fri WSJ pC3 "BoA's big earner not CEO" says Thomas Montag, head of BofA's Investment Bank made $14.5 mil. At JPMorgan several execs made more than the CEO in '12.
WSJ pC3 "Mortgages top fin'l complaint list" by Alan Zibel, Andrew Ackerman, Jeremy Singer-Vine says Bank of Ameircia had the most consumer coplaints with the Consumer Fin'l Protection Bureau over the past 16 months. Well Fargo was second, JPMorgan was third and GE Capital Retail was 9th.
Boeing BANYSE:Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates. LIFT "Let's Invest for Tomorrow" is another coalition which is trying to get rid of overseas taxes by the US and includes Cisco and Procter & Gamble.
Fri. WSJ pB1 "Potty drama: copeting to improve airplane toilets" by Susan Carey discusses how Boeing and other aircraft makers design their toilets to maximize space.
Fri USAT p1B "Boeing Boss sees Dramliner progress", Fri IBD pA2 "Boeing looks for 787 clearance" say Boeing is very close to fixing the 787.
Caterpillar CATNYSE: Barron's p5 "Don't worry, be bullish" by Randall W. Forsyth says the top performing dow stock for the quarter was Hewlett-Packard up 67.3% on hopes that CEO Meg Whitman can turn it around. Procter & Gamble is a darling and Caterpillar has been a miserable performer as has other capital goods producers.
Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates. LIFT "Let's Invest for Tomorrow" is another coalition which is trying to get rid of overseas taxes by the US and includes Cisco and Procter & Gamble. Caterpillar is also named as being active in this regard.
Chevron CVXNYSE: Sat. WSJ pB1 "For il firm, big money in saving idle iron" by Daniel Gilbert says the biggest operators in the Gulf like Chevron have to deal with what they do with platforms after drilling is done.
Cisco CSCONASDAQ-GS: Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates. LIFT "Let's Invest for Tomorrow" is another coalition which is trying to get rid of overseas taxes by the US and includes Cisco and Procter & Gamble. Caterpillar is also named as being active in this regard.
Coke KONYSE: No mentions found.
Disney DISNYSE: Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates.
DuPont DDNYSE: No mentions found.
Exxon XOMNYSE: Fri. WSJ pC4 "Behind the climb to a new S&P high" by Steven Rlussolillo, Emilio Chan says the S&P is up 132% from its 3/9/09 low of 676.53. The battle betwee Apple and Exxon for the top market cap has been going on for a year.
GE GENYSE: Fri WSJ pC3 "BoA's big earner not CEO" says Thomas Montag, head of BofA's Investment Bank made $14.5 mil. At JPMorgan several execs made more than the CEO in '12.
WSJ pC3 "Mortgages top fin'l complaint list" by Alan Zibel, Andrew Ackerman, Jeremy Singer-Vine says Bank of Ameircia had the most consumer coplaints with the Consumer Fin'l Protection Bureau over the past 16 months. Well Fargo was second, JPMorgan was third and GE Capital Retail was 9th.
Fri WSJ pB1 "How firms tap overseas cash" by Kate Linebaugh explains how firms such as Hewlett-Packard and GE borrow money from their foreign subsidiaries.
Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates.
Hewlett-Packard HPQNYSE: Barron's p5 "Don't worry, be bullish" by Randall W. Forsyth says the top performing dow stock for the quarter was Hewlett-packard up 67.3% on hopes that CEO Meg Whitman can turn it around. Procter & Gamble is a darling and Caterpillar has been a miserable performer as has other capital goods producers.
Barron's p21 "Google and Facebook are shaking up the server market" by Tiernan Ray says Hewlett-Packard and Dell, the top two global vendors of server coputers, are caught in a whirlwind of change. In 4Q, Hewlett-packard's enterprise group wich sells primary servers accounted for 16% of total profit while PCs produced only 3% of earnings.
Sat. WSJ pB1 "Bd directors and why they aren't thrown out" discusses the controversy over the re-election of Hewlett-Packard's board of directors.
Fri WSJ pB1 "How firms tap overseas cash" by Kate Linebaugh explains how firms such as Hewlett-Packard and GE borrow money from their foreign subsidiaries.
Home Depot HDNYSE: No mentions found.
Intel INTCNASDAQ-GS: Fri WSJ pB5 "Demand grows for supercomputers" by Don Clark says the advance in coputer horsepower is from changes in semiconductors. In the 1990;s manufacturers tarted using chips from Intel and ADM. The chips used too much electricity so IBM responded with low powe chips.
IBMNYSE: Fri WSJ pB5 "Demand grows for supercomputers" by Don Clark says the advance in coputer horsepower is from changes in semiconductors. In the 1990;s manufacturers tarted using chips from Intel and ADM. The chips used too much electricity so IBM responded with low powe chips.
JPMorgan JPMNYSE: Fri WSJ pC3 "BoA's big earner not CEO" says Thomas Montag, head of BofA's Investment Bank made $14.5 mil. At JPMorgan several execs made more than the CEO in '12.
WSJ pC3 "Mortgages top fin'l complaint list" by Alan Zibel, Andrew Ackerman, Jeremy Singer-Vine says Bank of Ameircia had the most consumer coplaints with the Consumer Fin'l Protection Bureau over the past 16 months. Well Fargo was second, JPMorgan was third and GE Capital Retail was 9th.
Johnson & Johnson JNJNYSE: WSJ pB3 "New J&J diabetes drug receives FDA approval" by Peter Loftus, Nathalie Tadena says the FDA approved Invokana, a new drug for Type 2 diabetes, made by a J&J unit Janssen Pharmaceuticals Inc. It is in a new class of treatments designed to help lower blood sugar by causing excretion of glucose in urine. It is in a class of drugs called SGLT2 inhibitors due to their mechanism of blocking a target int he kidney known as sodium glucose cotransporter 2. SGLT2 drugs will be an option after oral diabetes pills such as Merck's blockbuster Januva which had more than $4 bil in sales last year.
McDonald's MCDNYSE: No mentions found.
Merck MRKNYSE: WSJ pB3 "New J&J diabetes drug receives FDA approval" by Peter Loftus, Nathalie Tadena says the FDA approved Invokana, a new drug for Type 2 diabetes, made by a J&J unit Janssen Pharmaceuticals Inc. It is in a new class of treatments designed to help lower blood sugar by causing excretion of glucose in urine. It is in a class of drugs called SGLT2 inhibitors due to their mechanism of blocking a target int he kidney known as sodium glucose cotransporter 2. SGLT2 drugs will be an option after oral diabetes pills such as Merck's blockbuster Januva which had more than $4 bil in sales last year.
Microsoft MSFTNASDAQ-GS: No mentions found.
Pfizer PFENYSE: No mentions found.
Procter & Gamble PGNYSE: Barron's p5 "Don't worry, be bullish" by Randall W. Forsyth says the top performing dow stock for the quarter was Hewlett-packard up 67.3% on hopes that CEO Meg Whitman can turn it around. Procter & Gamble is a darling and Caterpillar has been a miserable performer as has other capital goods producers.
Fri WSJ pB1 "Big business spars over rewriting tax code" by John D. McKinnon says a group that includes AT&T, Boeing and Disney, Reforming America's Taxes Equitably or RATE was organized more than a year ago to lobby for lower corp. tax rates. LIFT "Let's Invest for Tomorrow" is another coalition which is trying to get rid of overseas taxes by the US and includes Cisco and Procter & Gamble.
3M MMMNYSE: No mentions found.
Travelers TRVNYSE: No mentions found.
UnitedHealth UNHNYSE: No mentions found.
United Technologies UTXNYSE: No mentions found.
Verizon VZDualListed: No mentions found.
Walmart WMTNYSE: No mentions found.
*********************
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 Frazier (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 3/1/13 ranked in order of market capitalization in billions:
1. Exxon Mobil XOM $402.61
2. GE 242.37
3. WalMart WMT 239.61
4. Microsoft MSFT 234.12
5. IBM 227.26
6. Chevron CVX 227.10
7. Johnson & Johnson JNJ 214.40
8. Procter & Gamble PG 208.94
9. Pfizer PFE 201.66
10. AT&T T 197.75
11. JPMorgan Chase JPM 186.19
12. Coke KO 172.95
13. Verizon VZ 133.57
14. Merck MRK 129.60
15. Bank of America BAC 122.23
16. Cisco CSCO 111.07
17. Intel INTC 104.01
18. Home Depot HD 102.10
19. Disney DIS 99.89
20. McDonald's MCD 96.06
21. United Technologies UTX 82.62
22. 3M MMM 71.60
23. American Express AXP 68.90
24. Caterpillar CAT 59.85
25. Boeing BA 58.44
26. UnitedHealth UNH 54.85
27. DuPont DD 44.93
28. Hewlett-Packard HPQ 39.35
29. Travelers TRV 30.50
30. Alcoa AA 9.03
****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 3/1/13:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
AT&T T: 2/22/13 10K for year ended 12/31/12
2/12/13 8K re: closing of sale of various Notes
2/4/12 8K re: the increased of the Board of Dirs from 12 to 13 & election of Micahel B. McCalister to Bd.
1/25/13 8K re: agreement to buy spectrum from Verizon for $1.9 bil
1/24/13 2 8Ks & 1/17/13 8K re: 4Q results
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
Alcoa AA: 3/1/12 Proxy re: annual meeting of shareholders on 5/3/13 at Fairmont Hotel, Pittsburgh
2/19/13 & 2/15/13 10K & 10K/A for year ended 12/31/12
1/14/13 8K & 1/9/13 8K re: 4Q results
1/9/13 8K re: William F. Oplinger becoming CFO effective 4/1/13
American Express AXP: 2/22/13 10K for year ended 12/31/12
2/22/13 8K re: election of Anne Lauvergeon & Samuel J. Palmisano (former IBM CEO) as Dirs.
2/15/13 8K re: delinq. & write-off stats for the 3 months ending 1/31/13
2/6/13 8K re: semin-annual presentation to Fin'l Community
1/17/13 8K & 1/10/13 8K re: 4Q results
1/15/13 8K re: delingq. 7 write-of stats 3 mos. ended 12/31/12
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
Bank of Am BAC: 2/28/13 10K for year ended 12/31/12
1/31/13 8K re: Robert W. Scully retiring from Bd. of Dirs.
1/23/13 8K re: stocks options to certain directors
1/17/13 & 1/7/13 8K re: 4Q results
11/5/12 8K re: redemption of sub debentures
11/2/12 10Q 3Q ended 9/30
Boeing BA: 2/11/13 10K for year ended 12/31/12
1/30/13 8K re: 4Q results
1/23/13 8K re: suspension of SEC reporting for Boeing Capital Corp. sub.
1/17/13 8K re: FAA grounding of 787s
1/11/13 8K re: review of safety of 787
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
Caterpillar CAT: 2/20/13 8K re: Jan. dealer stats.
2/19/13 10K for year ended 12/31/12
1/28/13 8K re: 4Q results
1/25/13 8K re: 3 month dealer stats
1/18/13 8K re: goodwill impairment of Chinese acquisition
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
Chevron CVX: 3/1/13 8K re: resignation of Chuck Hagel as Dir. to become Sec'y of Defense
2/22/13 10K for year ended 12/31/12
2/4/13 8K re: compensation to officers
2/1/13 8K re: 4Q and 2012 full year results (& 1/10/13 8K)
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
Cisco CSCO: 2/19/13 10Q & 2/13/13 8K re: 2 Qtr ended 1/26/13 results
2/1/13 8K re: election of Gregory Q. Brown, CEO of Motorola to Bd. of Dirs.
1/8/13 8K re: contract with Wim Elfrink, EVP
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
Coke KO: 2/27/13 10K for year ended 12/31/12
2/21/13 8K re: retirment of Donald R. Keough & James B. Williams as Directors
2/20/13 8K re: stock option plan for execs
2/12/13 8K results for year & 4Q ended 12/31/12
Disney DIS: 2/26/13 Proxy re: supplemntal info re: what a great job CEO Robert Iger is doing
2/14/13 8K re: issuance of Global Notes
2/5/13 10Q & 2/5/13 8K re: 1 Qtr ended 12/29/12 results
1/18/13 Proxy re: annual shareholders meeting 3/6/13 in Phoeniz, Arizona
1/11/13 8K re: stock plan for directors
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
DuPont DD: 2/7/13 8K re: closing of sale of Performance Coating biz to Carlyle Group of $4.9 bil cash
1/28/13 8K re: comp. for CEO Ellen J. Kullman
1/22/13 8K re: 4Q results
ExxonMobil XOM: 2/27/13 Iran Notice
2/27/13 10K for year ended 12/31/12
2/19/13 8K re: replacement reserves for 2012
2/1/13 8K re: 4Q results for year ended 12/31/12
2/1/13 8K re: 4Q estimated results
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: 2/28/13 10K for year ended 12/31/12
2/15/13 8K re: increase of number of Directors from 18 to 19 & election of Francisco D. Souza , CEO of Cognizant Technologies, as Director
2/12/13 8K re: sale of GE's 49% interest in NBC Universal to Comcast for $12 bil cash & 4 bil stock
1/18/13 8K re: 4Q results
12/13/12 8K re: revised segment fin'l info for prior 2 qtrs.
11/7/12 10Q for Qtr ended 9/30
Hewlett-Packard HPQ: 2/21/13 2 8Ks re: 1 Qtr ended 1/31/13 results
1/31/13 Proxy re: annual stockholders meeting 3/20/13, Mt. View, CA
12/27/12 10K for year ended 10/31/12
11/20/12 8K re: results year ended 10/31
Home Depot HD: 2/26/13 8K re: results of year & qtr ended 2/3/13
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
Intel INTC: 2/19/13 10K for year ended 12/29/12
1/18/13 & 1/17/13 8Ks re: 4Q and 2012 results
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
IBM: 2/28/13 2 8Ks re: investor briefing
2/26/13 10K for year ended 12/31/12
2/7/13 8K re: underwriting of Notes
2/1/13 8K re: exec comp for officers
1/23/13 8K re: 4Q earnings call transcript
1/22/13 8K re: 4Q results
1/4/13 8K re: retirement of Michael E. Daniels, SVP
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
JPMorganChase JPM: 2/28/13 8K re: Investor Day presentation
2/28/13 Iran Notice
2/28/13 10K for year ended 12/31/12
2/5/13 8K re: issuance of Preferred Shares
1/25/13 8K re: closing of sale of notes
1/16/13 2 8Ks re: 4Q results
1/16/13 8K re: internal report re: trading loss
1/9/13 8K re: leaving of James E. Staley, Chrm. of Corporate & Inv. Banking Unit
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
Johnson & Johnson JNJ: 2/25/13 8K re: charge to net income due to Venezuelan currency devaluation
2/22/13 10K for year ended 12/31/12
1/22/13 2 8Ks re: 4Q & 2012 results and earnings call
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
McDonald's MCD: 2/25/13 10K for year ended 12/31/12
2/20/13 8K re: comp for officers
2/8/13 8K re: sales decrease of 1.9% in Jan
1/31/13 8K re: quarterly cash dividend
1/23/13 8K re: 4Q & 2012 results
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
Merck MRK: 2/25/13 10K for year ended 12/31/12
2/20/13 8K re: paying $215 mil to settle class action lawsuits related to ENHANCE Study
2/1/13 8K re: 4Q & 2012 results
11/29/12 8K re: Amendment to Control seperation Benefits Plan
11/9/12 10Q re: Qtr ended 9/30
Microsoft MSFT: 1/24/13 10Q & 8K re: quarter ended 12/31/12
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
Pfizer PFE: 2/28 & 3/1/13 10K & 10K/A for year ended 12/31/12
2/28/13 Iran Notice
1/29/13 8K re: 4Q & 2012 results
11/9/12 10Q re: Qtr ended 9/30
11/1/12 8K re: 3Q results
Procter & Gamble PG: 2/21/13 8K re: presentation at Consumer Analyst Group of NY
2/14/13 8K re: eps outlook due to Venezuelan currency devaluation
1/25/13 10Q & 2 8Ks re: quarter ended 12/31/12
1/8/13 8K re: quarterly dividend of 0.562 cents a share
1/8/13 8K re: election of Terry Lundgren, CEO of Macy's to BoD replacing Jon Rodgers
3M MMM: 3/1/13 8K re: realignment of 3M's business groups and effect on results
2/14/13 10K for year ended 12/31/12
2/6/13 8K re: election of Muhtar Kent, Coke CEO, as Director
1/24/13 8K re: 4Q & 2012 results
12/12/12 8K re: fin'l outlook for 2013 and eps estimate
11/1/12 10Q &
Travelers TRV: 3/1/13 10K/A & 2/19/13 10K for year ended 12/31/12
1/23/13 &1/22/13 8Ks re: 4Q results
12/5/12 8K re: estimate of losses due to Hurricane Sandy
UnitedHealth Group UNH: 2/28/13 8K re: sale of Notes
2/7/13 10K for year ended 12/31/12
1/17/13 8K re: 4Q & 2012 results
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
United Technologies UTX: 2/7/13 10K for year ended 12/31/12
2/7/13 Iran Notice
1/23/13 8K re: 4Q & 2012 results
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
Verizon Communications Inc. VZ: 2/26/13 10K for year ended 12/31/12
2/7/13 8K re: election of Gregory D. Wasson, Pres & CEO of Walgreen, as Director
1/25/13 8K re: sale of spectrum to AT&T
1/22/13 8K re: 4Q results (& 1/18/13 & 1/7/13 4Q updates)
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
WalMart WMT: 2/21/13 8K re: 4Q results & dividend for FY 2014
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 END END Investor's Business Daily,
No comments:
Post a Comment