Post No. 2,719 The following is brought to you by Intellivest Securities Research, Inc. Toward the end of this Blog is a list of the Dow 30 current CEOs, and a recent ranking of the Dow 30 components by market capitalization as and a summary of recent Dow 30 components' SEC filings.
The Dow Jones Industrial Average closed Monday at 16826.60 down 25.24 or 0.15% from Friday's close of 16851.84. Of the Dow components 10 gained, Disney was unchanged and 19 declined. The biggest gainer dollar-wise was and percentage-wise was Verizon up $1.43 or 0.68%. The biggest decliner dollar-wise was Boeing down $1.31 and percentage-wise was Microsoft down 1.3%.
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 0.15571590501117. Monday's trailing P/E ratio is 16.48 unchanged from Friday's trailing P/E ratio of 16.48 (last year it was 16.29). Monday's P/E estimate is 15.05down from Friday's P/E estimate of 15.19 (year ago it was 13.42) and Monday's dividend yield is 2.17 unchanged from Friday's dividend yield of 2.17 (last year it was 2.45). The Dow's all-time high was 16,947.08 on June 20, 2014. 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 numerator is 2620.17 down 3.93 from Friday's numerator of 2624.10. 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 $87.34 down 23 cents from Friday's average closing price of $87.47. The median closing price of Monday's Dow Jones Industrial Average was $80.96 (HD/UNH) down 57 cents from Friday's median closing price of $81.53 (HD/UNH. The lowest volume was 3M and the highest volume was Microsoft.
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 $393 ($262,410 - $262,017).
6/30/14 Monday 4:27 pm MarketWatch by Anora Mahmudova & William L. Watts says U.S. stocks ended June and the second quarter higher, even as the broader market closed marginally lower on Monday.
The S&P 500 recorded the fifth consecutive month of gains and the biggest second-quarter gain since 2009.
The benchmark index SPX -0.04% closed less than a point lower at 1,960.19, gaining 3.9% over the month and 5% over the quarter.
The Dow Jones Industrial Average DJIA -0.15% shed 25.24 points, or 0.2%, to 16,825.96, but gained 1.9% over the past month and 2.2% over the past quarter.
The Nasdaq Composite COMP +0.23% defied the trend and ended the day 10.25 points, or 0.2%, higher at 4,408.18. The tech-heavy index gained 3.9% in June and 5% over the past quarter. Read the recap of stock market live blog .
For the first half of 2014, the S&P 500 recorded a 6.1% rise, the Dow industrials rose 1.5%, and the Nasdaq gained 5.5%. Airline, pharmaceutical, and utilities stocks led advancers during the period, which was marked by the impact of bad weather, a drop in first-quarter gross domestic product and a decline in Treasury yields.
Here are some tips on how to help a client who owns too many mutual funds.
Among individual stocks, shares of Yahoo Inc. YHOO +0.11% gained 2.5% after Piper Jaffray upgraded shares to overweight. Bank of New York Mellon BK -0.11% climbed 3.1% as activist investor Trian Fund Management builds up a stake, according to The Wall Street Journal. A newcomer GoPro Inc GPRO +0.89% climbed 14% on its third day of trading. The S&P 500 and Dow briefly turned higher after a gauge of pending home sales jumped 6.1% in May to hit its highest level in eight months. On Tuesday, investors will be watching numbers from the Institute for Supply Management’s manufacturing report for June . This week will be shortened by the Fourth of July holiday on Friday, which means closely watched U.S. jobs data for June will be released on Thursday. Economists are looking for the addition of 215,000 nonfarm-payrolls jobs and no change in the unemployment rate of 6.3%.
In other markets, Asian shares ended mixed, with Japan’s Nikkei Average JP:NIK +0.45% posting a 0.4% gain. European stocks /quotes/zigman/2380150/realtime XX:SXXP -0.03% were flat after a reading of steady inflation in the euro zone.
The ICE dollar indexDXY -0.28% , which pits the greenback against six other currencies, fell to 79.779 from 80.331 late Friday.
Oil futures CLQ4 -0.26% continued to give back the fear premium on growing confidence Iraq’s oil exports will remain insulated from the turmoil, but prices still logged sizable gains for the month and quarter. Gold futures GCQ4 +0.61% settled with their biggest monthly gain since February.
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 | unch | 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 Monday morning's Blog:
A read of the print editions of Monday's Barron's, Investor's Business Daily, Wall Street Journal, Financial Times, New York Times, USA Today, Atlanta Journal & Constitution & Daily Report (Ga. - carries Bloomberg) yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by a separate table of Dow component's symbol and Friday's closing stock prices and related data in alphabetical order.
The Dow Jones Industrial Average: The Dow Jones Industrial Average closed Friday at 16851.84 or 0.03% from Thursday's close of 16846.13. For the week the Dow is down 95.24 or 0.56% from last Friday's close of 16,947.08. For the year the Dow is up 1.66%. Of the Dow components 20 gained and 10 declined. The biggest gainer dollar-wise was IBM up $1.34 and percentage-wise was Microsoft up 1.27%. The biggest decliner dollar-wise and percentage-wise was DuPont down $2.26 or 3.34%.
IBD pB8 "Stocks indexes add gains; pace of breakouts slows" by Paul Whitfield says stocks scrambled higher Fri as the annual Russell indexes rebalanced boosted vol. Friday's action was up inn higher vol and the current outlook is confirmed uptrend.
Friday's Dow Jones Industrial Average numerator is 2624.10 up 0.89 from Thursday's numerator of 2623.21. 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 Friday's Dow Jones Industrial Average was $87.47 up 3 cents from Thursday's average closing price of $87.44. The median closing price of Friday's Dow Jones Industrial Average was $81.53 (HD/UNH) up 10 cents from Thursday's median closing price of $81.53 (HD/UNH. The lowest volume was Travelers and the highest volume was Intel.
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 $89 ($262,410 - $262,654).
6/27/14 Friday 4:05 pm MarketWatch by Anora Mahmudova says a late-afternoon rally on Wall Street sent U.S. stocks into positive territory on Friday. The main benchmarks closed with modest gains; however the S&P 500 and Dow Jones finished the week marginally lower. The Nasdaq Composite outperformed other markets, recording a second consecutive weekly gain. The S&P 500 SPX +0.19% closed 3.90 points, or 0.2%, higher at 1,961.01, but was 0.1% lower for the week. Dow Jones Industrial Average DJIA +0.03% ticked up 6.36 points to 16,852.49, but the weekly loss was 0.6%. The Nasdaq Composite COMP +0.43% ended the day up 18.88 points, or 0.4% at 4,397.93 and gained 0.7% over the past week.
Sunday's & Saturday's Dow News followed by Friday's Closing Dow Numbers:
AT&T: FT p13 "First half deals value hyits $1.7 tn" by Ed Hammon, Arash Massoudi lists the AT&T purchase of DirecTV announced 5/18/14 as the top M&A deal in 2Q '14.
Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
American Express: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Boeing: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79. The only Dow components not on the list are Caterpillar, DuPont, Goldman Sachs, Nike, Travelers, & UnitedHealth.
Caterpillar: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79. The only Dow components not on the list are Caterpillar, DuPont, Goldman Sachs, Nike, Travelers, & UnitedHealth.
Chevron: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Cisco: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Disney: WSJ pB3 "Aereo stops operations following ruling" by George Sahl, Keach Hagey says this is good news for Disney's ABC.
Barron's p15 "Local broadcast stocks win big" discusses Disney's victory over Aereo.
Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
DuPont: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79. The only Dow components not on the list are Caterpillar, DuPont, Goldman Sachs, Nike, Travelers, & UnitedHealth.
Exxon: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
GE: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Goldman Sachs: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79. The only Dow components not on the list are Caterpillar, DuPont, Goldman Sachs, Nike, Travelers, & UnitedHealth.
Home Depot: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Intel: FT p5 "Intel, clock speed and the measurement of productivity growth" discusses Moore's Law, the trend identified by Intel co-founder Gordon Moore that computer power doubles every 2 years.
Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
IBM: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
JPMorgan: WSJ pC1 "JPMorgan's decade of Dimon" by Emily Glazer is an update on Dimon.
Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Johnson & Johnson: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
McDonald's: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Merck: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Microsoft: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Nike:WSJ pB5 "Stocks stall near recent records" by Matt Jarzemsky, Alexandra Scaggs says US stocks edged Fri but the Dow closed the week with a loss amid economic growth concerns. Nike rose 82 cents after it posted better than expected quarterly earnings & rev. DuPont fell $2.26 after it lowered its earnings outlook for the year due to a weaker than expected performance in its agri biz during 2Q.
Pfizer: IBD pA2 "Pfizer and others get EU nods" says European Medicines Agency expanded the label for Pfizer's stroke reduction drug Eliquis to include deep vein thrombosis & pulmonary embolism.
Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Procter & Gamble: WSJ pA3 "Ex-CEO of P&g to be nominated for top VA post" by Colleen Mccain Nelson, ben Kesling, USAT p1A "Ex-P&G CEO picked for VA chief" by David Jackson, Gregg Zoroya say ex-PG CEO Robert McDonald was nominated by Obama to be the new VA chief.
Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3M 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
3M: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3M 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Travelers: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79. The only Dow components not on the list are Caterpillar, DuPont, Goldman Sachs, Nike, Travelers, & UnitedHealth.
United Technologies: Barron's p44 "Speaking of dividends" by Shirley A. Lazo says UnitedHealth is one of 5 firms that announced at least $1 bil of buybacks this month.
Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
UnitedHealth: IBD pB2 "UnitedHealth sniffles into '15" says Sterne Agee gave UnitedHealth an underperform rating as fed funds were reduced.
Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79. The only Dow components not on the list are Caterpillar, DuPont, Goldman Sachs, Nike, Travelers, & UnitedHealth.
Verizon: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Visa: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Walmart: Barron's Cover Story "World's most respected companies" says Boeing and Johnson & Johnson are in the top 5. Boeing is 3, Johnson & Johnson is 5, Disney 6, Visa 8, 3m 10, American Express 12, Home Depot 13, Exxon is 14, United Technologies is 16, Procter & Gamble 20, Intel 21, Coke 28, GE is 35, McDonald's 42, Merck 43, Chevron 45, Pfizer 51, IBM 52, Cisco 55, JPMorgan 57, Microsoft 62, Walmart 70, Verizon 71, AT&T 79.
Friday'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 Satya Nadella (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 Doug McMillon (Bentonville, ARK)
***************************
Here are the Dow Jones Industrial Average 30 as of 5/30/14 ranked in order of market capitalization in billions:
1. Exxon Mobil XOM $431.98
2. Microsoft MSFT 333.47
3. Johnson & Johnson JNJ 284.64
4. GE 267.04
5. WalMart WMT 246.29
6. Chevron CVX 232.75
7. Procter & Gamble PG 217.48
8. JPMorgan Chase JPM 211.12
9. Verizon VZ 205.88
10. Pfizer PFE 188.43
11. IBM 185.36
12. AT&T T 183.57
13. Coke KO 178.36
14. Merck MRK 168.65
15. Disney DIS 145.61
16. Intel INTC 135.5
17. Visa V 134.4
18. Cisco CSCO 125.71
19. Home Depot HD 109
20. United Technologies UTX 106.21
21. McDonald's MCD 99.59
22. Boeing BA 98.04
23. American Express AXP 96.64
24. 3M MMM 92.88
25. UnitedHealth UNH 77.65
26. Goldman Sachs GS 77.45
27. Nike NKE 67.26
28. Caterpillar CAT 63.85
29. DuPont DD 63.26
30. Travelers TRV 32.58
****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 5/30/14:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
AT&T T:
5/19/14 8K re: contract to buy DirecTV
5/2/14 10Q & 4/23/14 8K & 4/22/14 8K re: results of 1 Qtr ended 3/31/14.
4/28/14 8K re: voting results of annual meeting of Stockholders
3/31/14 8K re: closing of sale of Floating Rate Global Notes due '17
3/14/14 8K re: issuance of Notes to purchase LEAP
3/11/14 Proxy re Annual Meeting of Stockholders, 4/25/14 9 am, Rivermill Event Centre, Columbus, GA
3/10/14 8K re: issuance of Global Notes
American Express AXP:
5/15/14 8K re: delinq. & write-off stats. for 3 months through 4/30/14
5/13/14 8K re: 13% dividend increase
4/29/14 10Q re: 1Q ended 3/31
4/16/14 8K re: 1Q results
4/15 8K re: delinq. & write-off stats for 3 months ended 3/31/14
3/27/14 Proxy re: Annual Mtg. of Shareholders 5/12 at 9 a.m. at AXP HQ in NYC
3/26/14 8K re: dividend of 26 cents per share & buyback of up to $4.4 bil of common shares in '14
3/17/14 8K re: jv agreement with Certares re: Global Business Travel Division
3/17/14 8K re: delinq. & write-off stats for 3 months ended 2/28/14
Boeing BA:
5/12/14 8K re: amendment of CEO's employment contract
4/30/14 8K re: voting results from annual meeting of shareholders
4/23/14 10Q & 8K re: 1 Qtr ended 3/31/14
3/14/14 Proxy for Annual Meeting of Shareholders 4/28/14 10:00 am, Field Museum, Chicago
3/11/14 8K re: amendments to Supp. Exec. Retirement Plan
3/28/14 8K re: selection of Robert E. Verbeck as VP Finance
Caterpillar CAT:
5/28/14 & 4/21/14 Proxies re: annual meeting of stockholders on 6/11/14 at Corinth, MS
5/20/14 8K re: 3 months retail sales stats through 4/14
5/8/14 8K re: underwriting agreement to issue notes
5/2/14 10Q & 4/24/14 8K re: 1 Qtr ended 3/31/14 results
4/23/14 8K re: 3 months retail sales stats through 3/14
3/20/14 8K re: 3 month dealer stats thru 2/14
Chevron CVX:
5/2/14 10Q & 8K re: 1 Qtr ended 3/31 results
4/10/14 Proxy re: Annual Meeting of Shareholders on 5/28 at Permian Basin Petroleum Museum, Midland, Tx at 8 am
4/9/14 8K re: Interim update for 1Q
3/28/14 8K re: increase in comp. to exec officers
Cisco CSCO:
5/22/14 10Q & 5/14/14 8K re: 1 Qtr ended 4/26 results
3/26/14 8K re: adoption of pre-arranged exec stock trading plans
3/11/14 8K re: exec's pre-arranged stock trading plan
3/3/14 8K re: issuance of Floating Rate Notes
Coke KO:
4/30/14 10Q/A & 4/24/14 10Q for 1Qtr ended 3/28 results
4/25/14 8K re: election of Kathy N. Waller as CFO
4/23/14 8K re: approval of Equity Comp. Plan
4/15/14 8K re: 1Q results
4/3/14 & 3/28/14 Proxy material re: issue of exec. comp.
3/7/14 8K re: public offering of $1 bil Floating Rate Notes due '15
3/7/14 Proxy Statement re: Shareholder Meeting 4/23/14 12:30 pm Cobb Galeria, Atlanta
Disney DIS:
5/6/14 8K & 10Q for 1Qtr ended 3/29 results
3/20/14 8K re: amdmt to cert. of incorp.
3/18/14; 3/4/14; & 2/3/14 Add'l proxy materials
DuPont DD:
4/28/14 8K re: voting results of Stockholders Mtg
4/22/14 10Q & 4/17/14 re: 1 Qtr ended 3/31
3/17/14 8K re: results for qtr ended 3/31
3/14/14 Proxy Stockholders Mtg 4/23/14 10:30 am, DuPont Theatre, Wilmington, DE
3/10/14 8K re: guidance for 2014
ExxonMobil XOM:
5/14/14 & 4/22/14 Proxy material re: exec comp
5/7/14 10Q & 5/1/14 8K re: 1 Qtr. ended 3/31 results
4/11/14 Proxy re: Shareholder Mtg on 5/28 at Myerson Symphony Ctr, Dallas, Tx at 9:30 am
3/24/14 8K re: Reg. FD disclosure re: '13 Fin'l & Operating Rev
3/20/14 8K re: issuance of Float Rate Notes
3/11/14 8K re: presentation at analyst meeting
GE:
5/12/14 10Q & 4/17/14 8K re: 1 Qtr ended 3/31 results
4/28/14 8K re: voting results from annual shareholders meeting
4/23/14 8K re: election of John J. Brennan to Board of Dirs.
4/17/14 8K re: 1Q results
3/11/14 8K re: public offering of Notes
3/5/14 Proxy Annual Shareholders Meeting 4/23/14 10 am Sheraton, Chicago
Goldman Sachs GS:
5/29/14 8K re: tender offer for debt securities.
5/19/14 8K re: shareholder meeting voting results
5/19/14 10Q re: 1 Qtr results ended 3/31
4/21/14 Proxy material re: governance and practices
4/28/14 8K re: amend cert. of incorp. re: series L Preferred rights
4/17/14 8K re: 1Q results
4/4/14 Proxy re: Shareholder Mtg at 5/16 at GS Office, Irving Tx at 9:30 am
3/26/14 8K re: revised '14 capital plan submitted to Fed. Res. Bd.
3/3/14 8K re: issuance of Notes
3/3/14 8K re: election of Peter Oppenheimer to Bod
Home Depot HD:
5/28/14 10Q & 5/20/14 8K re: 1 Qtr results
5/28/14 8K re: voting results from Shareholder Meeting
4/7/14 Proxy re: Shareholder Mtg 5/22 Cobb Galleria Centre, Atlanta, Ga. at 9:00 am
3/27/14 10K for year ended 2/2/14
Intel INTC:
5/28/14 8K re: voting results from Stockholder Mtg
4/25/14 10Q for 1 Qtr ended 3/29
4/15/14 8K re: 1Q results
4/7/14 8K re: changes to operating segments reports
4/3/14 Proxy re: Stockholder Mtg on 5/22 at 8:30 am at Intel HQ, Santa Clara, CA
IBM:
5/14/14 2 8Ks re: FD disclosures re: investors' meeting
5/2/14 8K re: voting results from Stockholder Mtg
4/29/14 10Q for 1 Qtr. ended 3/31
4/17/14 & 4/16/14 8K re: 1Q earnings presentation
4/3/14 Proxy re: add't'l info
3/10/14 Proxy Stockholder Mtg 4/29/14 10 am Osborn Conv. Ctr., Jacksonville, FL
JPMorganChase JPM:
5/22/14 8K re: Voting results from Shareholder Mtg.
5/13/14 8K re: Offering of notes
4/22/14 Proxy information
4/11/14 2 8Ks re: 1Q results
4/9/14 Proxy re: Shareholder Mtg at JPM Offices on 5/20/14 at Tampa, Fl at 10:00 am
3/26/14 8K re: dividend of 40 cents per share & buyback of $6.5 bil of common stock
3/20/14 8K results of '14 Dodd-Frank Act Stress Tests
3/14/14 8K re: issuance of Notes
3/10/14 8K re: issuance of Pref. Stock
3/5/14 8K re: issuance of Notes
Johnson & Johnson JNJ:
5/2/14 10Q for 1 Qtr ended 3/30
4/25/14 8K re: voting results of shareholder meeting
4/15/14 8K re: results of 1Q ended 3/30/14
3/12/14 Proxy - Shareholder Meeting 4/24 10 am Hyatt Regency, New Brunswick, NJ
McDonald's MCD:
5/28/14 8K re: Voting results of Shareholder Mtg
5/27/14 8K re: retirement of Timothy Fenton
5/8/14 8K re: April sales
5/6/14 10Q & 4/222/14 8K re: 1 Qtr ended 3/31 results
4/11/14 Proxy re: Shareholder Mtg on 5/22/14 at 8 am at MCD HQ at Oak Brook, Ill
3/21/14 8K re: retirement of COO Tim Fenton & global mgmt. restructure
3/13/14 8K re: presentation at Merrill Lynch Consumer Retail Conf. in NYC 3/12
3/10/14 8K re: Feb. sales
Merck MRK:
5/29/14 8K re: voting results of Shareholder Mtg
5/8/14 10Q & 4/29/14 8K re: 1 Qtr ended 3/31
5/6/14 8K re: FD re: Investor briefing
4/14/14 Proxy re: Shareholder Mtg on 5/27 at 9 am at Bridgewater Marriott, Bridgewater, NJ
3/27/14 8K re: departure of EVP/CEO Peter N. Kellogg
Microsoft MSFT:
4/24/14 10Q & 4/24/14 8K re: 1 Qtr ended 3/31 results
3/20/14 8K re: resignation from Bd. of Dirs. of Stephen J. Luczo
3/12/14 8K re: election of G. Mason Morfit, Pres. ValueAct Capital, to BoD
Nike NKE:
4/7/14 10Q & 3/25/14 & 3/20/14 8Ks re: Year ended 2/28/14
1/7/1410Q & 12/23/14 8K & 12/19/13 8K re: 4Q ended 11/30/13
Pfizer PFE:
5/27/14; 5/20/14; 5/13/14; 5/2/14 & 4/28/14 8Ks all with respect to bid for and withdrawal of bid for AstraZeneca
5/19/14 8K re: offering of floating rate notes
5/15/14 8K re: public offering of notes
5/8/14 10Q & 5/5/14 8K re: 1 Qtr ended 3/30 results
4/28/14 8K re: Voting results of Shareholder Meeting
4/11/14 & 4/2/14 Proxy re: add't'l info
3/13/14 Proxy - Shareholder Meeting 4/24/14 8:30 am Hilton Short Hills, NJ
Procter & Gamble PG:
4/23/14 10Q & 2 8Ks re 1 Qtr ended 3/31 results
4/9/14 8K re: sale of Pet Food biz to Mars for $2.9 bil
4/7/14 8K re: dividend of 64 cents on common & preferred shares
3M MMM:
5/16/14 8K re: sale of notes
5/15/14 8K re: transfer of product lines between divisions
5/14/14 8K re: results of votes of Stockholders
5/1/14 10Q & 4/24/14 8K re: 1 Qtr ended 3/31
4/15/14; 3/27/14; & 3/26/14 Proxy re: Stockholder Mtg on 5/13/14 at 10:00 am at Austin Conv. Ctr. at Austin, Tx
4/8/14 8K re: imminent danger order issued and then lifted for Greystone Plant at Wauscu, Wisc.
3/5/14 8K re: realignment of business segments
Travelers TRV:
4/22/14 10 Q & 8K re: 1 Qtr ended 3/31 results
4/11/14 Proxy re: shareholder Mtg on 5/27 at 1 pm at Hartford Marriott Downtown, Hartford, Ct.
3/17/14 8K re: cahnge of date of Annual Shareholders Meeting from 5/28 to 5/27/14 at Hartford, Ct., Mariott Downtown
United Technologies UTX:
5/2/14 8K amendment of Long Term Incentive Plan
4/25/14 10Q & 4/22/14 8K re: 1 Qtr ended 3/31 results
4/8/14 Proxy re: add'l info
3/14/14 Proxy - Shareholder Meeting 4/28 2 pm Ritz-Carlton, Charlotte, NC
UnitedHealth Group UNH:
5/23/14 8K re: investor presentation
5/6/14 10 Q & 4/17/14 8K re: 1Q ended 3/31results
4/23/14 2 proxy filings for Annual Meeting of Shareholders on 6/2/14 at 10 am at Anthony Marton Aud. in Las Vegas
3/7/14 8K re: presentation at Barclays Global Healthcare Conf. Miami 3/11
Verizon Communications Inc. VZ:
5/29/14 8K re: exchange offer of notes
5/6/14 8K re: technical amendment to Bylaws
4/29/14 10Q & 4/24/14 8K re: 1 Qtr results ended 3/31
4/11/14 Proxy re: add'l info
3/17/14 Proxy - Annual Meeting of Shareholders 5/1/14 10:30 am, Sheraton, Phoenix, AZ
3/10/14; 2/1/14; 1/30/14 & 1/28/14 8Ks re: closing of the purchase of Vodafone's 45% interest in Verizon Wireless
3/7/14 8K re: declaration of quarterly dividend & repurchase program of up to 100 mil shares
Visa V:
4/24/14 10Q & 8K re: 2 Qtr ended 3/31/14 results
4/23/14 8K re: quarterly cash dividend of 40 cents per share
3/1/314 8K re: resignation of Elizabeth Buse, EVP Solutions
3/7/14 8K re: pre-arranged stock trading plan for CFO
3/5/14 8K re: presentation at Morgan Stanley tech, Media & Telecom Conf 3/5
WalMart WMT:
5/29/14 & 4 filings on 4/23/14 Proxy Materials re: 6/6/14 Annual Shareholder Meeting at 7 am at Bud Walton Arena, Fayetteville, Ark
5/15/14 8K re: 1 Qtr results
4/21/14 8K re: sale of notes
4/7 8K re: issuance of euro Notes due '22
3/21/14 10K for FY ended 1/31/14
NO MAS, AMIGOS
