Post No. 2,476 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 Dec. 9, 2013 and a summary of Dow 30 components' SEC filings as of Dec. 9, 2013.
The Dow Jones Industrial Average: The Dow Jones Industrial Average closed Wednesday at 15843.53 down 129.6 or 0.81% from Tuesday's close of 15973.13. Of the Dow components 5 gained and 25 declined. The biggest gainer dollar-wise and percentage-wise was Visa up $6.23 or 3.12% . The biggest decliner dollar-wise and percentage-wise was Nike down $2.38 or 3%% .
Wednesday's Dow Jones Industrial Average closing numerator was 2467.09 down 20.18 from Tuesday's closing numerator of 2487.27. 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 (0.15571590501117) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.42 change in the Dow Index.
As of the open of the market on Wednesday the current divisor for the Dow Jones Industrial Average found at page C6 of Wednesday's Wall St. Journal is 0.15571590501117. Wednesday's trailing P/E ratio is 16.40 up from Tuesday's trailing P/E of 16.24 (last year it was 14.74). Wednesday's P/E estimate is 15.00 unchanged from yesterday's P/E estimate of 15.00 (year ago it was 12.52) and today's dividend yield is 2.11 down from yesterday's dividend yield of 2.36 (last year it was 2.66). The Dow's all-time high was 16,097.33 on November 27, 2013. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.
The average closing price (the closing numerator divided by 30) of Wednesday's Dow Jones Industrial Average was $82.24 down 67 cents from Tuesday's average closing price of $82.91. The median closing price of Wednesday's Dow Jones Industrial Average was $79.05 (HD/WMT/) down 10 cents from Tuesday's median closing price of $79.15. (NKE/WMT). The lowest volume was Travelers and the highest volume was Cisco.
If Wednesday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs or dividends) and sold at the close you would have lost $2,018 ($248,727 - $246,709).
MarketWatch
12/11/13 Wed. 4:32 pm by Victor Reklaitis says US stocks dropped on Wednesday, suffering their worst
losses in more than a month, as investors digested the Washington budget
deal that could give the Federal Reserve another reason to scale back
its bond-buying program soon.The S&P 500
SPX
-1.13%
fell 20.40 points, or 1.1%, to close 1,782.22, while the Dow Jones Industrial Average
DJIA
-0.81%
shed 129.60 points, or 0.8%, to finish at 15,843.53.The Nasdaq Composite
COMP
-1.40%
slid 56.68 points, or 1.4%, to end at 4,003.81.All three indexes endured their worst losses since Nov. 7. The S&P
500 closed below its milestone level of 1,800 for the first time in four
sessions, and the benchmark index had its lowest close since Nov. 20.Investors focused on the U.S. budget deal announced late Tuesday,
which gives the Fed another reason to pare its quantitative-easing
program at its Dec. 17-18 meeting. Failure to come up with a budget
agreement could have triggered another government shutdown, and the
Fed’s concerns about that scenario would have meant a later tapering,
analysts said. Tapering refers to a reduction in the Fed’s $85
billion-a-month bond-buying program that has boosted equities.“Fiscal uncertainty has been one of the factors holding the Fed back —
something that was proven justified with the fiscal debacle in October.
We continue to look for the Fed to start tapering at their meeting next
week,” Allan von Mehren, chief analyst at Danske Bank, wrote in a note.Tom Karsten, president and chief investment officer at Karsten Advisors,
said: “We’re certainly seeing a pause in the market.” He noted that
there was uncertainty over government policy, including the potential
taper and whether Congress would pass the budget accord.Investors “know stocks have had a great run” this year, Karsten added, and they’re questioning how much further equities can go.
-
What strategists are saying:
There wasn’t much macroeconomic data out Wednesday, and Fed officials
observed “radio silence” ahead of their Dec. 17-18 meeting, so the
session’s action is getting blamed on what could happen at that Fed
meeting, said Andres Garcia-Amaya, global markets strategist at J.P.
Morgan Funds. “The Fed is on everyone’s mind,” he told MarketWatch.
Garcia-Amaya said the chance of a December taper has increased, but his
team sees a January reduction as most likely.
-
Today’s movers & shakers:
MasterCard Inc.
MA
+0.31%
jumped 3.5% after the credit-card giant’s board approved a stock split and authorized a new stock buyback program late Tuesday. Costco Wholesale Corp.
COST
-0.39%
fell 1.2% after the warehouse retailer posted first-quarter earnings and revenue that missed forecasts. Read more in the Movers & Shakers column.
- Other markets: Gold lost ground and crude oil also dropped. Stocks in Shanghai and Hong Kong led losses in Asia, while European markets finished lower, too.
Wednesday's Closing Dow Numbers:
| Symbol | Last Sale | Change | % Change | Share Volume | Market |
| T |  | NYSE | |||
| AXP | | NYSE | |||
| BA | | NYSE | |||
| CAT | | NYSE | |||
| CVX | | NYSE | |||
| CSCO | | NASDAQ-GS | |||
| KO |  | NYSE | |||
| DIS | | NYSE | |||
| DD | | NYSE | |||
| XOM | | NYSE | |||
| GE | | NYSE | |||
| GS | | NYSE | |||
| HD | | NYSE | |||
| INTC | | NASDAQ-GS | |||
| IBM | | NYSE | |||
| JPM | | NYSE | |||
| JNJ | | NYSE | |||
| MCD | | NYSE | |||
| MRK | | NYSE | |||
| MSFT | | NASDAQ-GS | |||
| NKE | | NYSE | |||
| PFE | | NYSE | |||
| PG | | NYSE | |||
| MMM | | NYSE | |||
| TRV | | NYSE |
| UTX | | NYSE | |||
| UNH | | NYSE | |||
| VZ | | DualListed | |||
| V | | NYSE | |||
| WMT | | NYSE |
*****************
The following are excerpts from Wed. morning's Blog:
A read of the print editions of Wednesday's Wall St. Journal, Financial Times, Investor's News Daily, New York Times, Atlanta Journal & Constitution & Daily Report (Ga. - carries Bloomberg) yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by a separate table of Dow component's symbol and Tuesday's closing stock prices and related data in alphabetical order.
The Dow Jones Industrial Average closed Tuesday at 15973.13 down 52.40 or 0.33% from Monday's close of 16025.33. For the year the Dow is up 21.89%. Of the Dow components 7gained 23 declined. The biggest gainer dollar-wise was and percentage-wise was Goldman Sachs up $2.06 or 1.23% . The biggest decliner dollar-wise was Visa down $2.16 and percentage-wise was Microsoft down 1.54% .
Tuesday's Dow Jones Industrial Average closing numerator was 2487.27 down 8.16 from Monday's closing numerator of 2495.43. 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 (0.15571590501117) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.42 change in the Dow Index.
WSJ p4 "Stocks take a breather" by Tomi Kilgore says US stocks declined as investors looked to cash in on some of the year's strong gains & weighed the impact of possible reduced Fed stimulus.
NYT pB4 "Shares slip as investors try to polish their portfolios" & AJC pA13 "Calm trading likely to end year" by AP says stocks fell modestly as investors took a breather from a market that notched yet another record high the day before.
IBD pB4 "Losses tame but Nasdaq suffers mild distribution" by Ken Shreve says Tuesday's action saw modest losses and the current outlook is a confirmed uptrend.
FT p23 "Wall street" says fin'l sector investors took in their stride the vote to approve the Volcker rule. JPMorgan was up 0.4% and Goldman Sachs rose 1.5%. Walmart was down 0.3% on news of a new head of Walmart Int'l and McDonald's fell 0.5% as it reported disappointing sales figures for Nov.
The average closing price (the closing numerator divided by 30) of Tuesday's Dow Jones Industrial Average was $82.91 down 22 cents from Monday's average closing price of $83.13. The median closing price of Tuesday's Dow Jones Industrial Average was $79.15 (NKE/WMT/) down 72cents from Monday's median closing price of $79.87. (NKE/WMT). The lowest volume was Travelers and the highest volume was Cisco.
If Tuesday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs or dividends) and sold at the close you would have lost $816 ($249,542 - $248,727).
MarketWatch
12/10/13 Tues. 4:26 pm by Victor Reklaitis says US stocks ended lower on Tuesday, with the S&P 500
retreating from the previous session’s record close and halting a
two-session winning streak.With no major economic data on the calendar, investors tracked U.S.
budget talks and continued to weigh whether a reduction in bond buying
will come at next week’s Federal Reserve meeting. Mixed economic reports
out of China also provided an uncertain backdrop.Vince Cignarella takes a look at which stocks traders will be
watching during market action, including H&R Block, Peregrine
Pharmaceuticals, and Smith & Wesson. Photo: Getty Images.The S&P 500
SPX
-0.32%
fell 5.75 points, or 0.3%, to close at 1,802.62. The Dow Jones Industrial Average
DJIA
-0.33%
shed 52.40 points, or 0.3%, to finish at 15,973.13, while the Nasdaq Composite
COMP
-0.20%
lost 8.26 points, or 0.2%, to 4,060.49, as those two indexes also
snapped two-day winning streaks. The Dow closed below its milestone
level of 16,000 after finishing above it on Monday and Friday.Bruce
Bittles, chief investment strategist at Robert W. Baird & Co.,
said tax-related selling could weigh on the market in early December,
before stocks experience their usual late-December rally.Bittles said
the potential for a tapering of the central bank’s
bond-buying program “may still keep the market on edge” — but perhaps
shouldn’t.“How many times can you discount the same news?” Bittles said.
“I think it’s already built into the market.”Mark Luschini, chief
investment strategist at Janney Montgomery Scott, said investors are
most focused on two items: an emerging Washington budget deal
, which faces a Dec. 13 deadline, and the Fed’s policy-setting meeting
on Dec. 17-18. The market has grown more accustomed to taper news, but
there will still be some near-term repercussions, he told
MarketWatch.“There is still an element of sensitivity to it,” Luschini
said on Tuesday.
-
The buzz:
Muted action might be all that we get this month given the holiday
season. “The market malaise will probably linger through the rest of the
month, with the possible exception of next week’s Federal Reserve
meeting,” wrote MarketWatch’s Shawn Langlois in the latest Need To Know column
.
-
Today’s movers & shakers:
Lululemon Athletica Inc.
LULU
+0.10%
lost 1.7% after the athletic clothing retailer named a new CEO and said
founder Chip Wilson will resign as chairman. Toll Brothers Inc.
TOL
+0.60%
fell 0.7% after paring gains that came following the home builder’s better-than-expected quarterly earnings. Read more in the Movers & Shakers column.
-
Today’s economic news:
A small-business optimism index rose 0.9 points to 92.5 in November. Separately, the Labor Department said job openings at U.S. workplaces
rose to 3.93 million in October. None of Tuesday’s economic headlines had been expected to be as significant as Friday’s upbeat jobs report or next week’s Fed meeting, where the central bank may decide to reduce its bond-buying program that has boosted equities.
- Other markets: Asian stocks closed lower after China reported a slowdown in industrial production, though retail sales came in higher than forecast. European equities ended lower. Gold closed sharply higher, while oil prices gained. The dollar dropped against other major currencies.
AT&T: NYT pB3 "New York asks cellphone carriers to explain why theyr ejected antitheft switch" by Brain X. Chen AT&T, Verizon Wireless, Sprint, T-Mobile and US Cellular are asked this because the NY atty gen'l thinks the answer is such a device would cut into sales of insurance.
American Express: No mentions found.
Boeing: IBD pA2 "Boeing: dip in export credits" says Boeing expects gov't backed export credit to account for 18% of financing in '14 vs. 23% in '13.
Caterpillar: No mentions found.
Chevron: No mentions found.
Cisco: No mentions found.
Coke: No mentions found.
Disney: No mentions found.
DuPont: No mentions found.
Exxon: No mentions found.
GE: No mentions found.
Goldman Sachs: FT p23 "Wall street" says fin'l sector investors took in their stride the vote to approve the Volcker rule. JPMorgan was up 0.4% and Goldman Sachs rose 1.5%. Walmart was down 0.3% on news of a new head of Walmart Int'l and McDonald's fell 0.5% as it reported disappointing sales figures for Nov.
Home Depot: No mentions found.
Intel: No mentions found.
IBM: No mentions found.
JPMorgan: WSJ pA1 "Bank rule challenges Wall St" by Justin Baer, Julie Steinberg, FT p14 "Volcker Rule", say the Volcker rule was approved by 5 fin'l regulatory agencies Tues and will regulate JPMorgan and other banks from trading such as caused the London Whale loss.
FT p15 "JPMorgan moves to follow the Bitcoin path" by Tracy Alloway says JPMorgan filed a patent for a virtual currency system that resembles Bitcoin.
FT p23 "Wall street" says fin'l sector investors took in their stride the vote to approve the Volcker rule. JPMorgan was up 0.4% and Goldman Sachs rose 1.5%. Walmart was down 0.3% on news of a new head of Walmart Int'l and McDonald's fell 0.5% as it reported disappointing sales figures for Nov.
Johnson & Johnson: IBD pA2 "EU officials fine J&J, Novartis", AJC pA12 "Europe fines Novartis, Johnson & Johnson" say the European Commission fined them this for colluding to delay the entrance of a cheap generic form of a pain killer to the Dutch Market. Johnson & Johnson had a patch patent for Fentanyl that expired in '05 and paid Novartis to delay launching a generic version for 17 months.
McDonald's: FT p23 "Wall street" says fin'l sector investors took in their stride the vote to approve the Volcker rule. JPMorgan was up 0.4% and Goldman Sachs rose 1.5%. Walmart was down 0.3% on news of a new head of Walmart Int'l and McDonald's fell 0.5% as it reported disappointing sales figures for Nov.
Merck: IBD pA2 "Merck" says Merck will push its experimental Alzheimer's drug MK-8931 to a phase III trial for up to 1,960 patients.
Microsoft: No mentions found.
Nike: No mentions found.
Pfizer: No mentions found.
Procter & Gamble: No mentions found.
3M: No mentions found.
Travelers: No mentions found.
United Technologies: No mentions found.
UnitedHealth: No mentions found.
Verizon: NYT pB3 "New York asks cellphone carriers to explain why theyr ejected antitheft switch" by Brain X. Chen AT&T, Verizon Wireless, Sprint, T-Mobile and US Cellular are asked this because the NY atty gen'l thinks the answer is such a device would cut into sales of insurance.
Visa: No mentions found.
Walmart: WSJ pB8 "Walmart picks CEO of Int'l operations" by Ben Fox Rubin, NYT pB6 "Walmart names new head of int'l operations" by Elizabeth A. Harris, IBD pA2 "Walmart names new int'l chief", AJC pA12 "Walmart names leader of world operations" say David Cheesewright will ake on all of the firm's int'l ops.
FT p23 "Wall street" says fin'l sector investors took in their stride the vote to approve the Volcker rule. JPMorgan was up 0.4% and Goldman Sachs rose 1.5%. Walmart was down 0.3% on news of a new head of Walmart Int'l and McDonald's fell 0.5% as it reported disappointing sales figures for Nov.
Tuesday's Closing Dow Numbers:
| Symbol | Last Sale | Change | % Change | Share Volume | Market |
| T | | NYSE | |||
| AXP | | NYSE | |||
| BA | | NYSE | |||
| CAT | | NYSE | |||
| CVX | | NYSE | |||
| CSCO | | NASDAQ-GS | |||
| KO | | NYSE | |||
| DIS | | NYSE | |||
| DD | | NYSE | |||
| XOM | | NYSE | |||
| GE | | NYSE | |||
| GS | | NYSE | |||
| HD | | NYSE | |||
| INTC | | NASDAQ-GS | |||
| IBM | | NYSE | |||
| JPM | | NYSE | |||
| JNJ | | NYSE | |||
| MCD | | NYSE | |||
| MRK | | NYSE | |||
| MSFT | | NASDAQ-GS | |||
| NKE | | NYSE | |||
| PFE | | NYSE | |||
| PG | | NYSE | |||
| MMM | | NYSE | |||
| TRV | | NYSE |
| UTX | | NYSE | |||
| UNH | | NYSE | |||
| VZ | | DualListed | |||
| V | | NYSE | |||
| WMT | | NYSE |
The Following are excerpts from Tuesday morning's Blog:
A read of the print editions of Tuesday's Wall St. Journal, Financial Times, Investor's News Daily, New York Times, Atlanta Journal & Constitution & Daily Report (Ga. - carries Bloomberg) yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by a separate table of Dow component's symbol and Monday's closing stock prices and related data in alphabetical order.
FT p23 "Wall Street" says McDonald's reported weaker than expected global sales at established restaurants for Nov hurt by a sharp drop in sales in the US. McDonald's fell 1.1%. Chevron rose 0.9% while Exxon was up 0.3%.
IBD pB2 "Nasdaq, S&P 500 climb, but distribution hits both" by Vincent Mao says stocks mustered small gains in a choppy session as Monday's action was stalling in major indexes wile the current outlook is a confirmed uptrend.
WSJ pC4 "S&P 500 keeps churning to new records" by Dan Strumpf says the S&P hit new high as investors were enthusiastic over a potential budget deal in DC and 3 Fred Res officials spoke about the eventual withdrawal of stimulus.
NYT pB9 "Slight gains in market as optimism persists" & AJC pA13 "Dow Jones continues rise" by AP says the S&P eked out another record close after Sysco said it would buy US Foods.
Monday's Dow Jones Industrial Average closing numerator was 2495.43 up 0.83 from Friday's closing numerator of 2494.60. 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 (0.15571590501117) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.42 change in the Dow Index.
The average closing price (the closing numerator divided by 30) of Monday's Dow Jones Industrial Average was $83.18 up 3 cents from Friday's average closing price of $83.15. The median closing price of Monday's Dow Jones Industrial Average was $79.87 (NKE/WMT/) down 3 cents from Friday's median closing price of $79.90. (NKE/WMT). The lowest volume was 3M and the highest volume was Cisco.
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 made $83 ($249,542 - $249,460).
MarketWatch 12/9/13 Mon. 4:37 pm by Victor Reklaitis says US stocks nudged higher on Monday, sending the S&P 500 to a record close, as investors were largely unfazed by a trio of Federal Reserve officials suggesting a stimulus reduction could come next week. The S&P 500 index SPX +0.18% rose 3.28 points, or 0.2%, to 1,808.37, topping its prior record close achieved on Nov. 27. The Dow Jones Industrial AverageDJIA +0.03% gained 5.33 points, or less than 0.1%, to close at 16,025.53, while the Nasdaq Composite COMP +0.15% advanced 6.23 points, or 0.2%, to 4,068.75. St. Louis Fed President James Bullard floated the idea of a small reduction next week for the Fed’s bond-buying program, which has boosted stocks. Richmond Fed President Jeffrey Lacker said a December taper was on the table. Dallas Fed President Richard Fisher backed a reduction at the “earliest opportunity,” and Fisher also was slated to speak again at 6 p.m. Eastern time on CNBC. Many strategists have said the market is increasingly comfortable with a tapering in bond buys. Seth Masters, chief investment officer for Bernstein Global Wealth Management, said long-term investors should focus on fundamentals rather than the latest Fed speeches. “The impact of the tapering has been much exaggerated,” he said. Monday served as a last-chance saloon for the Fed to send a coordinated message about a stimulus reduction. Fed officials will stop speaking publicly on Tuesday until after their Dec. 17-18 policy-setting meeting.
- Today’s market-moving news: “A small taper might recognize labor market improvement, while still providing the [Fed] the opportunity to carefully monitor inflation during the first half of 2014,” Bullard said in his speech on Monday. He also said the probability of a taper had risen in light of the strengthening of job growth in recent months. On Friday, stocks rallied sharply on a stronger-than-expected November jobs report.
- Today’s movers & shakers: McDonald’s Corp. /quotes/zigman/233369/delayed/quotes/nls/mcd MCD +0.01% lost 1.1%, faring worst among Dow components. The fast-food giant reported mixed November same-store sales, with U.S. sales down 0.8%. Sysco Corp. /quotes/zigman/242525/delayed/quotes/nls/syy SYY +0.16% jumped 9.6%, performing best among S&P 500 stocks after it agreed to acquire fellow food-services distributor US Foods. Read more in the Movers & amp; Shakers column.
- Other markets: Asian stocks closed up after encouraging Chinese trade data, while European equities finished broadly higher. Gold gained, while oil prices edged down.
- What strategists are saying: The Fed may no longer be the factor that it once was, suggests Todd Salamone, senior vice president of research at Schaeffer’s Investment Research. A “takeaway from Friday’s rally is that a Fed tapering is now factored into the marketplace,” he wrote in a note.
Tuesday's Dow News followed by Monday's Closing Dow Numbers:
AT&T: No mentions found.
American Express: No mentions found.
Boeing: WSJ pB1 "Boeing holds a bake off for biggest tax breaks" by Jon Ostrower says Boeing is trying to get tax breaks from states in exchange for building the 777 in their states.
Caterpillar: No mentions found.
Chevron: FT p23 "Wall Street" says McDonald's reported weaker than expected global sales at established restaurants for Nov hurt by a sharp drop in sales in the US. McDonald's fell 1.1%. Chevron rose 0.9% while Exxon was up 0.3%.
Cisco: No mentions found.
Coke: No mentions found.
Disney: No mentions found.
DuPont: No mentions found.
Exxon: FT p23 "Wall Street" says McDonald's reported weaker than expected global sales at established restaurants for Nov hurt by a sharp drop in sales in the US. McDonald's fell 1.1%. Chevron rose 0.9% while Exxon was up 0.3%.
WSJ pC3 "New call is made to split Dimon's roles" by Joann S. Lublin, Dan Fitzpatrick says the Needmor Fund is calling for this split which is also calling for the same split at Exxon as it has done earlier at 3M.
GE: No mentions found.
Goldman Sachs: No mentions found.
Home Depot:
Intel: No mentions found.
IBM: No mentions found.
JPMorgan: WSJ pC3 "New call is made to split Dimon's roles" by Joann S. Lublin, Dan Fitzpatrick says the Needmor Fund is calling for this split which is also calling for the same split at Exxon as it has done earlier at 3M.
WSJ pA1 "Tougher rule set to curb banks" by Scott Patterson, IBD pA1 "Volcker rule curbs bank risk hedging after London Whale" by Jed Graham, WSJ pC10 "Volcker rule will trim the banking hedge" by David Reilly charts JPMorgan's stock and discusses the London Whale trade calling for regulation.
Johnson & Johnson: No mentions found.
McDonald's: WSJ pB4 "McDonald's" by Ben Fox Rubin, IBD pB6 "McDonald's sales in Nov. disappoint" by Gillian Rich, AJC pA12 "Mcdonald's: key US sales figure slipping", FT p23 "Wall Street", USAT p4B "McDonald's" say McDonald's reported weaker than expected global sales at established restaurants for Nov hurt by a sharp drop in sales in the US. McDonald's fell 1.1%. Chevron rose 0.9% while Exxon was up 0.3%.
Merck: No mentions found.
Microsoft: USAT p1B "Tech giants team up in anti-snoop coalition" by Jon Swartz says Microsoft is one of several big techf irms starting a Reform Gov Surveillance coalition to rein in the NSA since privacy threats may hurt their business.
Nike: No mentions found.
Pfizer: No mentions found.
Procter & Gamble: No mentions found.
3M: WSJ pC3 "New call is made to split Dimon's roles" by Joann S. Lublin, Dan Fitzpatrick says the Needmor Fund is calling for this split which is also calling for the same split at Exxon as it has done earlier at 3M.
Travelers: No mentions found.
United Technologies: No mentions found.
UnitedHealth: No mentions found.
Verizon: WSJ pA4 "Verizon will battle Akamai in content elivery market" by Reinhardt Kruass says Verizon will buy EdgeCast Networks for $375 mil
Visa: No mentions found.
Walmart: No mentions found.
Monday's Closing Dow Numbers:
| Symbol | Last Sale | Change | % Change | Share Volume | Market |
| T | | NYSE | |||
| AXP | | NYSE | |||
| BA | | NYSE | |||
| CAT | | NYSE | |||
| CVX | | NYSE | |||
| CSCO | | NASDAQ-GS | |||
| KO | | NYSE | |||
| DIS | | NYSE | |||
| DD | | NYSE | |||
| XOM | | NYSE | |||
| GE | | NYSE | |||
| GS | | NYSE | |||
| HD | | NYSE | |||
| INTC | | NASDAQ-GS | |||
| IBM | | NYSE | |||
| JPM | | NYSE | |||
| JNJ |  | NYSE | |||
| MCD | | NYSE | |||
| MRK | | NYSE | |||
| MSFT | | NASDAQ-GS | |||
| NKE | | NYSE | |||
| PFE | | NYSE | |||
| PG | | NYSE | |||
| MMM | | NYSE | |||
| TRV | | NYSE |
| UTX | | NYSE | |||
| UNH | | NYSE | |||
| VZ | | DualListed | |||
| V | | NYSE | |||
| WMT | | NYSE |
Here are the current CEOs of the Dow 30 Companies:
AT&T T Randall L. Stephenson (Dallas, TX)
American Express AXP Kenneth I. Chenault (NY, NY)
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)
Goldman Sachs GS Lloyd Blankfein (NY, NY)
Home Depot HD Frank Blake (Atlanta, GA)
Intel INTC Brian Krzanich (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 Frazier (Whitehouse Station, N.J.)
Microsoft MSFT Steve Ballmer (Redmond, WA)
Nike NK Mark Parker (Beaverton, OR)
Pfizer PFE Ian Read (NY, NY)
Procter & Gamble PG A. G. Lafley (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)
Visa V Charles W. Scharf (Foster City, CA)
Wal-Mart WMT Mike Duke (to be replaced on Feb. 2014 by Doug McMillon) (Bentonville, ARK)
***************************
Here are the Dow Jones Industrial Average 30 as of 12/9/13 ranked in order of market capitalization in billions:
1. Exxon Mobil XOM $418.68
2. Microsoft MSFT 323.10
3. GE 275.09
4. Johnson & Johnson JNJ 266.45
5. WalMart WMT 260.40
6. Chevron CVX 237.20
7. Procter & Gamble PG 230.45
8 .JPMorgan Chase JPM 212.40
9. Pfizer PFE 204.67
10. IBM 192.70
11. AT&T T 182.75
12. Coke KO 178.40
13. Merck MRK 144.81
14. Verizon VZ 141.86
15. Visa V 128.62
16. Disney DIS 124.96
17. Intel INTC 123.93
18. Cisco CSCO 113.46
19. Home Depot HD 112.08
20.United Technologies UTX 102.02
21. Boeing BA 101.21
22. McDonald's MCD 95.24
23. American Express AXP 92.10
24. 3M MMM 86.56
25. Goldman Sachs GS 76.88
26. UnitedHealth UNH 74.22
27.Nike NKE 70.97
28. DuPont DD 56.85
29. Caterpillar CAT 54.78
30. Travelers TRV 32.20
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Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 12/9/13:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
AT&T T: 12/6/13 8K; 11/20/13 8K; 11/14/13 8K & 11/5/13 all re: the tender offer of $3.3 bil of Notes
11/27/13 8K re: sale of $1.6 bil of 2.37% Global Notes due '18
11/25/13 8K re: sale of $1.0 bil of 3.82% Global Notes due '20
11/13/13 8K re: sale of $2 bil Euros of Global Notes
11/1/13 10Q & 2 8Ks 10/23/13 re: results of 3Qtr ended 9/30/13
10/21/13 8K re: contract to sell/lease 9,700 towers to Crown Castle Int'l for $4.85 bil
9/27/13 8K re: increase of # of directors from 13 to 14 & election of Beth E. Mooney to Board
9/10/13 8K re: purchase of spectrum from Verizon
American Express AXP: 11/15/13 8K re: delinq. & write-off stats for each of the 3 months ended 10/31/13
10/29/13 10Q re: qtr ended 9/30/13
10/16/13 8K re: 3Q results
10/15/13 8K re: delinq. & write-off stats for qtr ended 9/30/13
9/25/13 8K re: creation of a jv with Certares for business travel unit
9/16/13 8K re: delinq. & write off stats for 3 months ended 8/31/13
Boeing BA: 10/31/13 8K re: $2.3 bil 364 day evolving credit agreement and a $2.3 bil 5 year revolving credit agreement
10/23/13 10Q & 10/23/13 8K re: 3 Qtr ended 9/30/13
Caterpillar CAT: 11/20/13 8K re: supplemental info re: retail sales of machines & power systems
11/1/13 10Q & 10/23/13 2 8Ks re: quarter ended 9/30/13
10/22/13 8K re: retail sales of machinery
10/9/13 8K re: amendment to bylaws re: majority voting for uncontested election of directors
9/30/13 8K re: price increases
9/20/13 8K re: 3 month dealer stats for period ended 8/13
9/17/13 8K re: credit agrmt up to $3 bil led by Citibank
Chevron CVX: 11/8/13 10Q & 11/1/13 8K re: 3 Qtr ended 9/30/13
10/9/13 8K re: interim update for 3Q
Cisco CSCO: 12/4/13 8K re: pre-arranged stock trading plan for EVP & Chief Dev. Officer
11/22/13 10Q re: 1 Qtr ended 10/26/13
11/20/13 8K re: amendment of '05 Stock Incentive Plan
11/13/13 8K re: 1 Qtr results & $15 bil increase in share buyback program
9/30/13 Proxy Materials re: annual shareholder meeting 11/19 at Cisco in San Jose, CA
9/10/13 10K for fiscal year ended 7/27/13
Coke KO: 11/1/13 8K re: completion of public offering of $3.25 bil of notes
10/24/13 8K & 10/24/13 10Q re: qtr ended 9/27/13 & transfer of India & South West Asia units from Eurasia & Africa operating segment to Pacific operating segment
10/15/13 8K re: 3Q results
Disney DIS: 11/20/13 & 11/7/13 8K re: fiscal year ended 9/28/13
10/8/13 8K re: amendment to bylaws to eliminate paper share certificates
10/2/13 8K re: new employment contract for Alan N. Braverman EVP, GC & Sec'y for annual salary of $1.4 mil
DuPont DD: 11/6/13 8K and 10/25/13 8K re: sepration of Performance Chemicals segment
10/22/13 10Q & 10/22/13 8K re: 3 Qtr ended 9/30/13
10/22/13 & 8K re: results for qtr ended 9/30/13
9/3/13 8K re: election of Patrick J. Ward to Board of Dires.
ExxonMobil XOM: 11/5/13 10Q & 10/31/13 8K re: 3 Qtr ended 9/30/13
GE: 11/15/13 8K re: IPO of 20% of N. American Retail Finance business
11/1/13 10Q re 3 Qtr ended 9/30/13
10/18/13 8K re: 3Qtr results
10/16/13 8K re: exercise by Berkshire Hathaway of warrants for 10.7 mil shares
9/13/13 8K re: election of James E. Rohr to Board of Dires.
Goldman Sachs GS: 12/2/13 8K re: approval by regulators of '13 Capital Plan
11/29/13 8K re: $1 bil Flaoting Rate Notes due '23
11/15/13 8K re: $1 bil Floating rate Notes due '18
11/15/13 8K re: Moody's downgrade of Goldman debt
11/7/13 10Q for qtr ended 9/30/13
10/21/13 8K re: retirement of J. Michael Evans as Vice Chair/Head of Growth Markets
10/17/13 8K re: 3Q results
10/1/13 8K re: exercise by Berkshire Hathaway of warrants for 13,062,594 shares
Home Depot HD: 11/27/13 10Q & 11/19/13 8K re: quarter ended 11/3/13
9/20/13 8K re: election of Helena B. Boulkes to Board of Dirs.
9/10/13 8K re: closing of sale of $3.25 bil notes
Intel INTC: 11/22/13 8K re: Investor Meeting
10/28/13 10Q re: Qtr ended 9/28/13
10/23/13 8K re: departure of David Perlmutter, EVP & GM, Architecture Group
10/15/13 2 8Ks re: results for qtr ended 9/28/13
IBM: 11/20/13 8K re: 750 mil Euro issuance of debt securities
11/7/13 8K re: retirement of Mark Laughridge, SVP & CFO, Finance & Enterprise Transformat'n
11/6/13 8K re: 2.5 bil Euro sale of debt securities
11/1/13 8K recommendation against mini-tender offer by third parties
10/29/13 10Q Qtr ended 9/30/13
10/17/13 8K & 10/16/13 8K re: results for 3Q ended 9/30/13
9/10/13 8K re: sale of outsourcing services business to SYNNEX
JPMorganChase JPM: 11/20/13 8K re: settlement by payment of $13 bil to settle with the President's Residential Mortgage Backed Securities (RMBS) Work Group of the Fin'l Fraud Enforcement Task Force
11/18/13 8K re: settlement by payment of $4.5 bil with 21 inst'l investors re: RMBS claims
11/1/13 10Q for quarter ended 9/30/13
10/25/13 8K re: $5.1 Bil settlement with FHFA re: MBS
10/23/13 8K re: closing of public offering of $500 mil 5.62% sub. notes due '43
10/16/13 8K re: settlement w/CFTC by payment of $100 mil fine
10/11/13 8K re: sale of Sr. Medium Term Notes of an indeterminate amount
10/14/13 & 10/11/13 8Ks re: 3Q results
9/20/13 8K re: election of Linda B. Bammann to Board of Dirs. & amdmt to bylaws
9/19/13 8K re: consent decrees with Comptroller of Currency and Consuemr Fin'l Protection Bd. re:
credit card allegations
9/19/13 8K re: consent decrees with SEC & UK FCA & payment of $920 mil re: London Whale loss
9/10/13 8K re: fin'l services investor conf.presentation
Johnson & Johnson JNJ: 12/4/13 8K re: sale of $3.5 bil Floating Rate notes
11/19/13 8K re: settlement of $2.5 Bil for DePuy hip system claims
11/4/13 10Q for Qtr ended 9/29/13
10/15/13 8K re: election of ex0FDA Commissioner Mark B. McClellan as director
10/15/13 8K re: 3Q results ended 9/29/13
McDonald's MCD: 11/14/13 8K re: sale of 3 mil shares of Ckommon Stock
11/14/13 8K re: Investor Release re: future growth
11/8/13 8K re: 10/13 sales
10/30/13 10Q for Qtr ended 9/30/13
10/21/13 8K re: 3Q results
9/18/13 8K re: declaration of quarterly dividend
9/10/13 8K re: Aug. '13 sales
Merck MRK: 11/7/13 10Q & 10/28/13 8K re: 3 Qtr ended 9/30/13
10/1/13 8K re: global restructuring program and lay-offs of 8,500 employees
Microsoft MSFT: 12/6/13 8K re: issuance ofover $5 bil of notes un Euros & US Dollars
11/26/13 8K re: restructuring to a devices & services company
11/20/13 8K re: voting results of '13 Annual Meeting of Sahreholders on 11/19/13
10/24/13 10Q & 10/24/13 8K re: Qtr ended 9/30/13
10/8/13; 10/7/13 & 10/3/13 Proxy Materials re: annual shareholders meeting on 11/19 in Bellevue, Washington
9/26/13 8K re: adoption of Senior Exec. Severance Benefit Plan
9/26/13 8K re: realignment to become a devices & services company
9/23/13 8K re: amendment of exec comp. plans
9/20/13 8K re: realignment of structure to become a devices & service company
9/3/13 8K re: purchase of Nokia handset business
Nike NKE: 10/7/13 10Q, 9/30/13 8K & 9/26/13 8K re: results for qtr ended 8/31/13
9/24/13 8K re: voting results of annual meeting of shareholders on 9/19/13
Pfizer PFE: 11/8/13 10Q & 10/29/13 8K re: 3 Qtr ended 9/29/13
9/30/13 8K re: election of Shantanu Narayen, Pres. & CEO of Adobe Systems to Board of Directors
Procter & Gamble PG: 11/5/13 8K re: close of sale of 750 mil Euros 2% Notes due '21
11/4/13 8K close of sale of $2 bil Notes
10/28/13 8K re: reorganizing of Global Business Unit into: Global Beauty, Global Health & Grooming, Blogal Fabric & Home Care, & Global Baby, Feminine & Family Unit
10/25/13 10Q & 2 8Ks re: 1 Qtr ended 9/30/13
10/11/13 8K re: voting results of annual shareholders meeting 10/8/13
10/8/13 8K re: declaration of quarterly dividends
9/16/13 8K re: changes to global Business Unit Structure & Segment earnings
9/4/13 8K re: presentation at Barclays Back to School Conference
3M MMM: 11/19/13 3 8Ks re: pre-arranged stock trading plans for CEO and other execs
10/31/13 10Q & 10/24/13 8K re: 3 Qtr ended 10/24/13
Travelers TRV: 10/22/13 10Q & 10/22/13 8K re: results for qtr ended 9/30/13
8/1/13 8K re: underwriting contracts re: issuance of 4.6% Sr. Notes due '43
7/23/13 10Q & 8K re: 2Q ended 6/30/13 results
6/12/13 8K re: $1 bil revolving bank credit agreement
6/10/13 8K re: purchase of Dominion of Canada General Insurance for $1.1 bil
5/24/13 8K re: voting results of 5/22/13 Annual shareholders meeting
United Technologies UTX: 10/25/13 10Q & 10/22/13 8K re: 3 Qtr ended 9/30/13
10/22/13 8K re: 3Q results
9/26/13 8K re: formation of UTC Building & Industrial Services by combining Otis Elevator & UTC Climate, Controls & Security to be headed by Geraud Darnis as Pres/CEO
9/6/13 8K re: new Pres. at Pratt & Whitney: Paul Adams succeeds David Hess
UnitedHealth Group UNH: 12/2/13 8K re: Annual Investors Conference to be held 12/3 in NYC
11/7/13 10Q re: 3 Qtr ended 9/30/13
10/17/13 8K re: 3Q results
9/9/13 8K re: investor presentation at Morgan Stanley Global Health Care conf.
Verizon Communications Inc. VZ: 11/7/13 8K re: election of Shellye Archambeau as Dir.
10/24/13 10Q for Qtr ended 9/30/13
10/17/13 8K re: 3Q results
10/8/13 Proxy; 10/8/13 S-8 & 10/3/13 8K re: approval by shareholders to buy Vodafone's 45% interest in Verizon Wireless, registration of shares to be issued to Vodafone, & $12 bil credit facility to fund the purchase
9/16/13 8K re: saleof $49 bil of notes
9/5/13 8K re: election of Gregory D. Wasson to Board of Dires.
9/5/13 8K re: election of Kathyrn A. Tesija to Board of Dirs.
9/3/13 8K re: purchase of Vodafone's indirect 45% interest in Verizon Wirelss
Visa V: 11/25/13 8K re: Gary P. Coughlan not running for re-election to Board
11/22/13 10 K & 10/30/13 8K re: FY 9/30/13
10/23/13 8K re: '14 Annual Meeting of Shareholders to be held 1/29/14
9/17/13 8K & 9/12/13 8K & 7/26/13 8K re: adoption of exec pre-arranged trading plans for execs: William Sheedy, Byron H.Pollitt, Jr. & Elizabeth Buse
WalMart WMT: 12/6/13 10Q & 11/14/13 8K re: 3 Qtr ended 10/31/13
11/28/13 8K re: repalcement of CEO Mike Duke with C. Douglas McMillon effective 2/1/13
11/22/13 8K re: election of Pamela C. Craig to Board
10/21/13 10Q for quarter ended 7/31/13
10/1/13 8K re: issuance of 1.95% Notes due 2018
END/END
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