Wednesday, October 15, 2014

10/15/14 Wed pm Dow Closes at 16141.74 down 173.45 or 1.06%


http://www.dowjonesmonitor.com/
by Dan Kolber

Post No. 2,890 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  and a summary of recent Dow 30 components'  SEC filings as of Sept. 24, 2014.

The Dow Jones Industrial Average closed  Wednesday at 16141.74 down 173.45 or 1.06%  from Tuesday's close of 16315.19. Of the Dow components  6 gained and 24  declined. The biggest gainer   dollar-wise and percentage-wise was Johnson & Johnson up $1.20 or 1.24%.  The biggest decliner   dollar-wise  was  Walmart down $2.78 and percentage-wise was JPMorgan down 4.24%.

As of the open of  the market on Wednesday the current divisor for the Dow Jones Industrial Average found at page C4 of  Wednesday's Wall St. Journal is 0.15571590501117.  Wednesday's trailing P/E   ratio is 15.39 down from Tuesday's   trailing P/E ratio of 15.65  (last year it was 15.62).  Wednesday's P/E estimate is 14.73 unchanged  from Tuesday's P/E estimate of 14.73 (year ago it was 14.13) and Wednesday's dividend yield is 2.31 up  from  Tuesday's dividend yield of 2.28  (last year it was 2.16). The Dow's all-time high was 17279.74 on September 19,  2014. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Wednesday's Dow Jones Industrial Average numerator is 2513.53 down 37 from  Tuesday's   numerator of 2540.53.  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  Wednesday's Dow Jones Industrial Average was $83.78 down 88 cents from Tuesday's  average closing price of $84.68.  The median closing price of  Wednesday's Dow Jones Industrial Average was $82.56  (UNH/PG) down $2.99 from Tuesday's median closing price of $85.85 (PG/DIS). The lowest volume was  Travelers and the highest volume was Intel.

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  $3,700  ($254,053  $251,353).

10/15/14 Wed. 4:51 MarketWatch by Anora Mahmudova says  Wall Street flirted with its worst decline in more than 3 years in a roller -coaster day of trading that culminated with shares recovering from the depths of what began as a bona fide market rout Wednesday. U.S. stocks sold off amid the largest volume in nearly three years, as investors jettisoned risky securities and scrambled for the safety of government bonds as 10-year Treasurys surged and yields briefly dipped below 2%, until settling at a 52-week low. Implied volatility on the S&P 500, as measured by the CBOE Vix index jumped to levels not seen in more than 2 years. Vix rose 15% to 26. The S&P 500  briefly turned negative for the year before rebounding and on intraday basis recorded a 9.8% decline from peak to trough. The benchmark index closed down 15.21 points, or 0.8%, to 1,862.49. The Dow Jones Industrial Average  fell as much as 460 points, but finished down 173.45 points, or 1.1%, to 16,141.74. The Nasdaq Composite  at one point entered correction territory, falling more than 10% from its previous peak, but regained its footing, finishing with modest losses. The tech-heavy index closed down 11.85 points, or 0.3%, to 4,215.32. Meanwhile, the Russell 2000  defied selling pressure and finished the day up 7 points, or 0.7%, at 1,069. Recap of today’s stock market coverage live blog.
Strategists at Voya Investment Management blamed a “perfect storm” on the selloff. That storm includes: “The surging dollar, plummeting oil prices and recessionary bond yields are creating havoc in the markets because they are signaling deflation. No, not just in Europe but globally as well,” they wrote in a note. Disappointing economic reports added to already jittery sentiment on Wall Street. Reports on manufacturing in the state of New York and U.S. wholesale prices missed expectations, and a reading on retail sales showed a decline for the first time in eight months. Today’s market-moving news: The financial sector led the rout in U.S. stocks on Wednesday, as investors grew concerned about a range of issues from the economy to inflation to the current Ebola outbreak.
Bank of America  reported a third-quarter loss that was smaller than expected, however, shares fell 4.6%. J.P. Morgan Chase & Co.  was the biggest loser in the Dow Jones Industrial Average falling 4.2%. The Financial Select Sector SPDR Fund , which tracks financial stocks in the S&P 500 SPX fell 3.4%.AbbVie Inc.  shares rose 0.9% after the U.S. drug maker indicated it’s reconsidering a $54 billion deal to buy Shire PLC in light of new Treasury rules that make that deal less attractive. Shares of Shire slumped 22% in London, weighing on the FTSE 100, while its U.S.-listed shares  sank 30%.
The AbbVie news spilled over to other so-called inversion plays. Covidien PLC, which earlier this year agreed to be acquired by Medtronic Inc., led S&P 500 decliners, falling 7%.Hazmat-suit related companies that recently rallied on Ebola fears were surging once again. Shares of Lakeland Industries Inc.  rallied 10%, Alpha Pro Tech Ltd.  jumped 14% and Versar Inc.  soared 65.24% to $6.94. Read more in the Movers & Shakers column.American Express , Netflix Inc.  and eBay Inc.  report after the close. Other markets: Asian stocks  largely rebounded from Tuesday losses. European stocks skidded, and the benchmark Stoxx Europe 600 has fallen more than 10% from its 2014 high reached in June, putting it in correction territory.Crude-oil prices   fell slightly, while gold prices  edged up.

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 Street Journal, Financial Times, Investor's Business Daily, USA Today, New York Times & Atlanta Journal & Constitution & Daily Report (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.

The Dow Jones Industrial Average: The Dow Jones Industrial Average closed  Tuesday at 16315.19 down 5.88 or 0.04%  from Monday's close of 16321.07 .For the year the Dow is down 1.58%. Of the Dow components 18 gained and 12  declined. The biggest gainer   dollar-wise  was Boeing up $1.84 and percentage-wise was Intel up 2.13%.  The biggest decliner   dollar-wise  was Chevron down $2.25 and percentage-wise was Johnson & Johnson down 2.13%.

NYT pB9 "Earnings season and surge by airlines give investors break from volatility" by AP says the market stabilized on Tues after 3 straight days of heavy losses.  A slump in energy stocks stymied a modest early rally as oil prices plunged the most in 2 years.  Chevron fell 2%.  Johnson & Johnson reported results that were better than expected and raised its '14 earnings outlook due to rev gains from its new hepatitis drug Olysio.

IBD pB5 "Rebound attempt fizzles as indexes close poorly" by Juan Carlos Arancibia says the stock market made a feeble rebound Tues doing nothing to alter its bearish overtones as the current outlook is market is in correction.

FT p23 "Wall Street J&J slips despite upbeat forecasts as drugmakers being to report" by Mamta Badkar says Johnson & Johnson kicked off US pharma earnings by raising its full year forecast.  JPMorgan's shares slipped after its results came in at the lower end of expectations.

Tuesday's Dow Jones Industrial Average numerator is 2540.53 down 0.92 from  Monday's   numerator of 2541.45.  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  Tuesday's Dow Jones Industrial Average was $84.68 down 4 cents from Monday's  average closing price of $84.72.  The median closing price of  Tuesday's Dow Jones Industrial Average was $85.85  (PG/DIS) down 8 cents from Monday's median closing price of $85.93 (UNH/DIS). The lowest volume was  Visa and the highest volume was Intel.

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  $92  ($254,145 - $254,053).

10/14/14 Tues. 4:35 MarketWatch by Anora Mahmudova & Barbara Kollmeyer says  the U.S. stock market ended Tuesday’s choppy session posting marginal gains. But equally important, Tuesday’s moves marked the first time the market closed mostly flat after registering wild swings in the previous five sessions. Stocks rose sharply in early Tuesday trading, boosted by better-than-expected earnings, but the main benchmarks trimmed gains by late afternoon, and briefly dipped into the red. The S&P 500 SPX, +0.16%  closed 3 points, or 0.2%, higher at 1,877.70. The benchmark index still sits below its 200-day moving average, after breaching the level on Monday for the first time in nearly two years. The Dow Jones Industrial Average DJIA, -0.04%  swung between gains and losses and closed down 5.9 points at 16,315.19, the lowest level since April 5. The Nasdaq Composite COMP, +0.32%  gained 13 points, or 0.3%, to 4,227.7.The Russell 2000 SPX, +0.16%   outperformed its large-cap counterpart and closed up 12 points, or 1.2%, at 1,061.60.Stuart Freeman, chief equity strategist at Wells Fargo Advisors, urged investors to keep volatility in perspective and not be scared of daily moves, saying volatility is normal in equity markets. Freeman also advised investors to consider investment horizons and be well diversified. Investors welcomed strong earnings results from Citigroup Inc. and Johnson & Johnson, which earlier outweighed downbeat German sentiment data that hit equities across Europe.  Earnings in focus: Citi C, +3.15%  shares popped up 3.2% after third-quarter profit and revenue rose from the year-earlier period. Citi also plans to pare back from retail banking in smaller countries. Meanwhile, Wells Fargo & Co. WFC, -2.73%  shares slipped 2.7% even as the bank’s quarterly profit met expectations but revenue beat estimates. Shares in Southwest Airlines Co. LUV, +3.88%   rose 3.9% and Delta Air Lines Inc. DAL, +6.12% rallied 6.1% as concerns about a global Ebola pandemic eased. Domino’s Pizza Inc. DPZ, +11.33%  jumped 11% after the chain delivered better-than-expected results. Among other stocks in focus, Versar Inc. VSR, +16.67%  surged 17%. Its PPS unit makes hazmat suits and mobile decontamination shelters. Other stocks linked to concerns over the Ebola virus continued a pattern of pushing higher. Lakeland Industries Inc. LAKE, -26.10% and Alpha Pro Tech Ltd. APT, -1.49%  fell more than 26%, after soaring during the previous few sessions on Ebola fears. Other markets: European stocks SXXP, -0.01%  fell after a key sentiment survey out of Germany turned negative. Burberry Group PLC BRBY, -3.65%  shares dropped after the luxury-goods maker posted a rise in sales, but cited unfavorable foreign exchange headwinds and Chinese weakness. U.K. inflation fell to a five-year low. The European Court of Justice has begun holding a hearing on the European Central Bank’s Outright Monetary Transactions bond-buying program. In Asia, the Nikkei 225 index NIK, -2.38%  sank 2.4%, falling below the 15,000 level and skidding to two-month lows.


Wednesday's Dow News followed by Tuesday's Closing Dow Numbers:

AT&T:  AJC pA1 "Super speeds come to Ga. net" by Matt Kempner says AT&T will bring super fast gigabit service to four cities including Atlanta soon.

American Express:  IBD pA2 "American Express" says card  members in US can redeem reward points directly at certain McDonald's US stores.

Boeing:  No mentions found.

Caterpillar:  No mentions found.

Chevron: NYT pB9 "Earnings season and surge by airlines give investors break from volatility" by AP says the market stabilized on Tues after 3 straight days of heavy losses.  A slump in energy stocks stymied a modest early rally as oil prices plunged the most in 2 years.  Chevron fell 2%.  Johnson & Johnson reported results that were better than expected and raised its '14 earnings outlook due to rev gains from its new hepatitis drug Olysio.

Cisco:  No mentions found.

Coke:  No mentions found.

Disney:  NYT pC3 "Disney tops the Broadway box office" by Patrick Healty says Disney's 17 year old hit "The Lion King, grossed more than $2 mil last week while its new musical "Aladdin" did over $1.5 mil

DuPont:  No mentions found.

Exxon:  No mentions found.

GE:  No mentions found.

Home Depot:  No mentions found.

Intel:  IBD pA1 "Intel eases fears of chio slowdown; Q3 sales, EPS beat" by Michael Perrault, USAT p1B "Number of the day: 100,000,000"  NYT pB4 "Income at Intel climbs 12% on PC sales" by Quentin Hardy say Intel reported $14.6 bil in 3Q rev up 8% from the year earlier quarter.  Earnings per share rose 14% to 66 cents. Intel shipped more than 100 million microprocessors last quarter for the first time.  

IBM:  No mentions found.

JPMorgan:  IBD pA1 "The big banks earn profit on small Q3 loan growth" by Ciaran McEvoy, FT p1 "JPMorgan sets aside $1bn to cover cost of penalties for markets manipulation" by Tom Braithwaite, Camilla Hall, Daniel Schafer, NYT pB2 "Trading revenue lifts JPMorgan back to profit in 3rd quarter" by Nathaniel Popper, FT p12 "JPMorgan: good from afar, far from good" say JPMorgan earned $1.36 a share, missing by 2 cents analysts' estimates.  Total loans grew 2% to $743.3 bil  JPMorgan's 3Q profit of $5.5 bil rebounded from $380 mil loss a year ago.

FT p23 "Wall Street J&J slips despite upbeat forecasts as drugmakers being to report" by Mamta Badkar says Johnson & Johnson kicked off US pharma earnings by raising its full year forecast.  JPMorgan's shares slipped after its results came in at the lower end of expectations.

Johnson & Johnson:  IBD pA2 "J&J raises outlook on Q3 beat", NYT pB2 "Johnson & Johnson raises 2014 earnings forecast again" by AP say JNJ's earnings rose 10% to $1.50 a share beating analysts' estimates by 5 cents.  Sales climbed 5% to $18.47 bil $90 mil ahead of consensus.

NYT pB9 "Earnings season and surge by airlines give investors break from volatility" by AP says the market stabilized on Tues after 3 straight days of heavy losses.  A slump in energy stocks stymied a modest early rally as oil prices plunged the most in 2 years.  Chevron fell 2%.  Johnson & Johnson reported results that were better than expected and raised its '14 earnings outlook due to rev gains from its new hepatitis drug Olysio.

FT p23 "Wall Street J&J slips despite upbeat forecasts as drugmakers being to report" by Mamta Badkar says Johnson & Johnson kicked off US pharma earnings by raising its full year forecast.  JPMorgan's shares slipped after its results came in at the lower end of expectations.

McDonald's:   IBD pA2 "American Express" says card  members in US can redeem reward points directly at certain McDonald's US stores.

Merck:  No mentions found.

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:  IBD pA2 "United Technologies" says its Pratt & Whitney div signed a deal to provide the 7th batch of engines for the F-35 fighter jet.

UnitedHealth:  No mentions found.

Verizon:  No mentions found.

Visa:  No mentions found.

Walmart:  No mentions found.

Tuesday's Closing Dow Numbers:

SymbolLast SaleChange% ChangeShare VolumeMarket
A▼ 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) (Craig Menear Takes Over as CEO on 11/1)

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 close of business 9/24/14 ranked in order of market capitalization in billions:

1. Exxon Mobil XOM $408.64
2. Microsoft MSFT 387.93
3. Johnson & Johnson JNJ 306.4
4. GE 260.18
5. Wal-Mart WMT 248.39
6.Chevron CVX 232.43
7.  JPMorgan Chase JPM 231.78
8. Procter & Gamble PG 230.8
9.  Verizon VZ 207.55
10.  Pfizer PFE 192.19 
11. Coke KO 185.39
12.  IBM 191.85 58
13. AT&T T 183.
14. Merck MRK 174.12
15.  Intel INTC 172.05
16. Disney DIS 153.54
17. Visa V 134.71
18. Cisco CSCO 127.38
19. Home Depot HD 125.2
20. United Technologies UTX 97.05
21. McDonald's MCD 93.28 
22. 3M MMM 93.88
23. American Express AXP 93.12
24. Boeing BA 92.66 
25. Goldman Sachs GS 85.98
26. UnitedHealth UNH 85.71
27. Nike NKE 70.19
28. DuPont DD 66.66
29. Caterpillar CAT 63.55
30. Travelers TRV 32.14
****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of close of business 9/24/14:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments

AT&T T:
8/1/14 10Q & 7/24/14 8K & 7/23/14 8K  re: qtr ended 6/30
7/1/14 S-4 re: purchase of DirecTV

American Express AXP:
9/15/14 8K re: delinq. & write-off stats for 3 months end 8/31/14
8/15/14 8K re: delinq. & write-off stats for 3 months end 7/31/14
7/30/14 10Q & 7/29/14 8K re: qtr. ended 6/30/14
7/15/14 8K re: delinq. & write-off stats for 3 months ended 6/30/14

Boeing BA:
7/23/14 10Q & 7/23/14 8K re: 2Qtr ended 6/30/14

Caterpillar CAT:
9/19/14 8K re: info re: retail sales of OEMs
9/16/14 8K re: credit agreement with Citibank up to $3.15 bil
8/20/14 8K re: rolling 3 month retail sales stats
8/1/14 10Q & 7/24/14 8K re: 2Q ended 6/30/14
7/23/14 8K re: rolling 3 mos. retail sales stats.

Chevron CVX:
8/14/14 8K re: voluntary dismissal of shareholder derivative lawsuit
8/6/14 10Q & 8/1/14 8K & 7/10/14 8K re: 2Q ended 6/30/14

Cisco CSCO:
9/12/14 8K re: departure of director Marc Benioff & reduction of board to 10
9/9/14 10K & 8/13/14 8K re: results for year ended 7/26/14
8/14/14 8K re: restructuring plan & lay-offs of 6,000 or 8% of global workforce
7/31/14 8K re: resignation from BoD of Gregory Q. Brown

Coke KO:
9/22/14 & 9/19/14 8Ks re: close of public offering of long term notes
8/20/14 8K re: purchase of 16.7% state in Monster
7/30/14 10Q & 7/22/14 8K re: qtr ended 6/27/14

Disney DIS:
8/5/14 10Q for quarter ended 6/28/14
8/5/14 & 8/5 8K re: 10Q for 3Qtr ended 6/28/14 

DuPont DD:
8/5/14 8K re: election of Ulf M.  Mark Scheider
7/22/14 10Q & 7/22/14 8K re: qtr ended 6/30/14

ExxonMobil XOM:
8/6/14 10Q & 7/31/14 8K re: 2Qtr ended 6/30/14
8/6/14 8K re: retirement of P.T. Mulva as VP/controller to be replaced by D.S. Rosenthal

GE:
7/31/14 10Q & 7/18/14 8K re: qtr ended 6/30/14

Goldman Sachs GS:
8/25/14 8K re: settlement with FHFA re: sale of residential mortgage backed securities to Fannie Mae & Freddie Mac
8/7/14 10Q & 7/15/14 8K re: 2Qtr ended 6/30/14

Home Depot HD:
9/18/14 8K re: update on guidance due to data breach
9/8/14 8K re: breach od payment data systems
8/27/14 10Q & 8/19/14 8K results for quarter ended 8//14
8/21/14 8K re: election of Craig A. Menear as CEO &Pes. and Frank Blake taking on as chairman eff. 11/1/14 & amendment of by-laws to split CEO & Chairman positions

Intel INTC:
7/25/14 10Q & 7/15/14 8K re: qtr. ended 6/28/14

IBM:
7/29/14 10Q & 7/18/14 8K & 7/17/14 8K re: qtr. ended 6/30/14
7/29/14 8K re: election of CEO of JNJ Alex Gorsky & Peter R. Voser to BoD

JPMorganChase JPM:
9/19/14 8K re: redemption of subord. notes
9/12/14 8K re: cyberattack vs. JPM
9/10/14 8K re: closing of public offering of $3 bil sub. notes due'24
8/4/14 10Q & 7/15/14 8K & 7/15/14 8K re: qtr. ended 6/30/14
7/2/14 8K re: CEO Jamie Dimon having throat cancer
7/1/14 8K re: reduction of warrant exercise price

Johnson & Johnson JNJ:
8/1/14 10Q & 7/15/14 8K re: Qtr ended 6/29/14
7/21/14 8K re: $5 bil share repurchase program

McDonald's MCD:
9/22/14 8K re: raising quarterly div. by 5% to 85 cents payable 12/15 to record holders 12/1
9/9/14 8K re: global sales decreased 3.7% in Aug.
8/27/14 8K re: salary increase of Pres. of Asia, Mid E. & Africa
8/22/14 8K re: election of Make Andres as Pres. - USA replacing Jeff Stratton eff. 10/15
8/11/14 8K re: global sales decreased 2.5% in July
8/4/14 & 7/22/14 & 7/18/14 8K re: qtr. ended 6/30/14

Merck MRK:
9/29/14 8K re: 2Q results

Microsoft MSFT:
9/17/14 8K election of Teri List-Stoll & Charles W. Scharf  (CEO of Visa) to Board eff 10/1 & increase of Board to 12 & retirement from Board of Dave Marquadt & Dina Dublon
8/19/14 8K re: dividend increase to 31 cents up 11% payable 12/111 to holders on 11/20
7/31/14 10K for year ended 6/30/14
7/31/14 8K re: increased BoD to 11 & election of John W. Stanton
7/22/14 8K re: 4Q results
7/17/14 8K re: restruction & related charges

Nike NKE:
9/23/14 8K re: results of annual shareholders meeting
Sec. 14A Proxy re: Annual Meeting of Shareholders to be held 9/18/14 at Tiger Woods Conf. center, Beaverton, Or.
7/25/14 10K for year ended 5/31/14

Pfizer PFE:
8/7/14 10Q for qtr ended 6/29/14
7/29/14 8K re: 2Q results

Procter & Gamble PG:
8/29/14 Proxy re: 10/14/14 Annual Meeting of Shareholders at 9 a.m. at Duke Energy Convention Ctr. Cincinnati,Oh
8/8/14 10K for yr. ended 6/30/14
8/1/14  2 8Ks re: 4Q results
7/8/14 8K re: quarterly div. of 64 cents per share payable 8/15 to record holders of 7/18

3M MMM:
8/12/14 8K re: election of Sandra Barbour to Board
8/8/14 8K re: $2.25 bil 5 yr. revolving credit agreement with JPMorgan
7/31/14 10Q & 7/24/14 re: qtr. ended 6/30/14

Travelers TRV:
9/10/14 2 8Ks re: realignment of 2 of 3 business segments
8/11/14 8K re: amendment to bylaws re: timing of shareholder proposals
7/22/14 10Q & 8K re: qtr ended 6/30/14

United Technologies UTX:
7/25/14 10Q & 7/22/14 8K for qtr. ended 6/30/14

UnitedHealth Group UNH:
9/12/14 8K re: FD disclosures re: presentation at Merrill Global Healthcare Conf. London 9/17
9/5/14 8K re: FD disclosure re: presentation at Morgan Stanley Healthcare Conf. NYC 9/9
8/4/14 & 8/1/14 8K & 7/17 8K re: qtr. ended 6/30/14

Verizon Communications Inc. VZ:
9/11/14 8K re: strong customer  growth
9/4/14 8K/A committee Board assignments for Dir. Shellye L. Archambeau
8/20/14 8K re: results of exchange offer of Verizon/Alltel securities
8/6/14 2 8Ks re: terms of exchange offer re: Alltel

Visa V:
9/11/14 8K re: deposit of $450 mil in litigation escrow account
7/24/14 10Q & 7/24/14 8K re: qtr ended 6/30/14
7/23/14 8K re: quarterly div. of 40 cents payable 9/3 to record holders as of 8/15.

WalMart WMT:
9/5/14 10Q & 8/14/14 8K re: results for qtr ended 7/31/14
7/24/14 8K re: election of Greg Foran as Pres/CEO of Walmart USA  to replace Bill Simon

NO MAS AMIGOS


No comments: