http://www.dowjonesmonitor.com/
by Dan Kolber
Post No. 2,970 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 of Dec. 20 and a summary of recent Dow 30 components' SEC filings as of 12/20.
A read of the print editions of Tuesday's Wall Street Journal, Financial Times, Investor's Business Daily, 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 Monday at 17959.44 up 154.64 or 0.87% from Friday's close of 17804.80. For the year the Dow is up 8.3%. Of the Dow components 27 gained and 3 declined. The biggest gainer dollar-wise was IBM up $.293 and percentage-wise was Intel up 2.31%. The biggest decliner dollar-wise was Chevron down 90 cents and percentage-wise was Merck down 1.04%.
WSJ pC4 "Stocks extend broad rally to 4th day" by Saumya Vaishampayan, Corrie Driebusch says US stocks sent the Dow and S&P to record closes. Chevron is charted under Bad News as oil prices resumed their decline.
As of the open of the market on Tuesday the current divisor for the Dow Jones Industrial Average found at page C5 of Tuesday's Wall St. Journal is 0.15571590501117. Tuesday's trailing P/E ratio is 16.78 up from yesterday's trailing P/E ratio of 16.64 (last year it was 16.62). Today's P/E estimate is 15.71 unchanged from Monday's P/E estimate of 15.71 (year ago it was 15.01) and today's dividend yield is 2.16 down from yesterday's dividend yield of 2.19 (last year it was 2.09). The Dow's all-time high was 17959.44 on December 22, 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 2796.57 up 24.08 from Friday's numerator of 2772.49. 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 $93.22 up 80 cents from Friday's average closing price of $92.42. The median closing price of Monday's Dow Jones Industrial Average was $93.48 (XOM/AXP) up 48 cents from Friday's median closing price of $92.90 (DIS/AXP). The lowest volume was Travelers and the highest volume was GE.
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 $2,408 ($279,657 - $277,249).
12/22/14 Mon. 4:41 pm MarketWatch by Anora Mahmudova & Sarah Sjolin says the S&P 500 and Dow Jones Industrial Average ended Monday at new records, fueled by continued hopes that the Federal Reserve won’t be in a rush to raise interest rates. The main indexes booked their fourth straight day of gains, abetted by a central bank that last week reassured investors it will be “patient” about the timing and pace of rate hikes. The S&P 500 SPX, +0.38% gained 7.9 points, or 0.4%, to 2,078.55, closing at a record for the 50th time this year. This is the highest number of record closes in a year since 1995. Gains in technology and telecom stocks outweighed sharp losses in energy and health-care companies. Gains were even larger for the Dow Jones Industrial Average DJIA, +0.87% which rose 154.64 points, or 0.9%, to 17,959.44. The blue-chip index closed at a record for the 35th time in 2014. All but three of its 30 components ended with gains. The Nasdaq Composite COMP, +0.34% ended 16 points, or 0.3%, higher at 4,781.42.“There seems to be an overall upward bias, but something rational is happening to the stocks. Trading action is not at all uniform, which is a good sign, as companies are being valued for their fundamentals,” said Kim Caughey Forrest, senior analyst and portfolio manager at Fort Pitt Capital Group. Market reaction to mixed economic data was largely muted. Sales of existing homes in November slowed down to the weakest pace in six months, in a further sign that the housing market remains fragile. Separately, a report on economic growth from the Chicago Fed came in stronger than expected. Michael Arone, chief investment officer at State Street Global Advisors, said years of low interest rates are beginning to benefit consumers, with the fall in energy prices leaving many Americans with extra cash.“The exciting news is that we are seeing signs of wage growth along with strong labor market, which is great news for consumers. And revival on Main Street will be good for Wall Street,” Arone said.Oil prices reversed gains after a firmer start in the global day. Crude oil CLG5, -3.06% settled $1.75, or 3%, lower at $55.30 a barrel, while Brent oil LCOG5, -2.04% settled slightly above $60 a barrel.
Oil-related stocks sagged, tracking crude prices closely: shares of Nabors Industries Ltd NBR, -3.89% and Chesapeake Energy Corp CHK, -7.25% fell nearly 7.5 and 4% respectively.
Tuesday's Dow News followed by Monday's Closing Dow Numbers:
AT&T:
American Express:
Boeing: WSJ pB3 "Legal battle over space station pact" by Andy Pasztor says Boeing's $4.2 bil contract to transport US astronauts unto orbit is now being challenged in a legal battle by a competitor Sierra Nevada.
WSj pB6 "Airbus delivers first A350" by Robert Wall says Airbus delivered its first A350 jet Mon as Airbus and Boeing shift from designing new planes to building them.
Caterpillar:
Chevron: WSJ pC4 "Stocks extend broad rally to 4th day" by Saumya Vaishampayan, Corrie Driebusch says US stocks sent the Dow and S&P to record closes. Chevron is charted under Bad News as oil prices resumed their decline.
Cisco:
Coke:
Disney: WSJ pB1 "As markets roar, CFOs find thie place at the top" by Kimberly S. Johnson lists only one Dow CFO, Disney's Jay Rasulo at 5.
DuPont:
Exxon:
GE: WSJ pb3 "Alstom to pay $772 million in bribery case" by Joel Schectman, Brent Kendall say the Alstom settlement ends one uncertainty in Alstom's pending sale to GE.
Goldman Sachs: WSJ pC3 "Goldman in pact to sell metal-warehousing unit" by Christian Berthelsen, Ira Iosenbashvili says Goldman will sell its 4 year old state in its metal warehousing unit to an investment firm run by 2 British brothers just a month after Goldman execs were grilled before a US Senate panel about allegations its unit, Metro Int'l Trade Services withheld metal supplies and rove up aluminum prices in the US.
Home Depot:
Intel:
IBM:
JPMorgan:
Johnson & Johnson:
McDonald's:
Merck: WSJ pB3 "Bristol's skin-cancer drug approved" Ron Winslow says Bristol Myers Opdivo for advanced skin cancer was approved Mon and will compete with Merck's Keytruda.
Microsoft:
Nike:
Pfizer:
Procter & Gamble: WSJ pB4 "Procter & gamble consumer goods company to sell Camay, Zest" by Josh Beckerman says the 2 brands had rev of $225 mil last year and the sale is expected to close in the first half of '15. P&G sold the US and Canada rights to Zest in '11.
3M:
Travelers:
United Technologies:
UnitedHealthcare:
Verizon:
Visa:
Walmart:
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 Craig Menear (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 Greg Hayes (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 12/20/14 ranked in order of market capitalization in billions:
1. Exxon Mobil XOM $396.52
2. Microsoft MSFT 392.85
3. Johnson & Johnson JNJ 295.45
4. Wal-Mart WMT 274.49
5. GE 257.28
6. Procter & Gamble PG 248.73
7. JPMorgan Chase JPM 231.48
8. Chevron CVX 213.49
9. Pfizer PFE 201.24
10. Verizon VZ 195.12
11. Coke KO 183.75
12. Intel INTC 175.85
13.AT&T T 173.97
14. Merck MRK 169.86
15. Visa V 164.40
16. Disney DIS 157.51
17. IBM 156.87
18. Cisco CSCO 142
19. Home Depot HD 134.33
20. 3M MMM 106.04
21. United Technologies UTX 105.38
22. UnitedHealth UNH 98.37
23. American Express AXP 96.71
24. McDonald's MCD 90.72
25. Boeing BA 89.99
26. Goldman Sachs GS 87.52
27. Nike NKE 81.71
28. DuPont DD 66.40
29. Caterpillar CAT 55.52
30. Travelers TRV 35.05
****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 12/20/14:
Symbol & Co. Name/Date of Filing/Form Filed/ Comments
AT&T T:
12/19/14 8K re: amendment to Supplemental Employee Retirement Plan
12/2/14 8K re: closing of sale of Global Notes
11/10/14 2 10/A's & 10Q re: qtr. ended 9/10/14
11/10/14 8K re: closing of sale of Global Notes
11/7/14 8K re: increased of Board to 15 & election of William E. Kennardd & agrmt to buy Mexican wireless firm GSF telecom
10/24/14 8K re: completion of sale of Ct. wireline operations to Frontier Comm
3 8Ks (10/22; 10/22 & 9/30/14) re: 3Qtr result
American Express AXP:
12/15/14 8K re: Delinq. & write-off stats for 3 mos. ended 11/30
12/5/14 8K re: issuance of Sub. Notes
12/4/14 8K re: retirement of Director Richard A. McGinn
11/17/14 8K re: delinq. & write off stats for 3 mos. ended 10/31
11/12/14 8K re: issuance of Series B Preferred Shares
10/28/14 10Q & 10/15/14 8K re: 3Qtr results ended 9/30/14
10/15/14 8K re: delinq. & write-off stats for 3 months ended 9/30/14
Boeing BA:
12/19/14 8K re: retirement of Shephard W. Hill, Pres. of Boeing Int'l & Sr. VP, Bus. Dev/Strategy
12/15/14 8K re: increase of quarterly div & authorization of $12 bil share buyback
10/31/14 8K re: issuance of senior notes
10/22/14 10Q & 10/22/14 8K re: 3Qtr results ended 9/30/14
10/16/14 8K re: credit agreements
Caterpillar CAT:
12/18/14 8K re: retirement of Group VPs Stuart L. Levenick & Steven H. Wunning
12/18/14 8K & 11/20/14 8K re: FD disclosures re: retail sales of machines & power systems
12/11/14 8K re: retirement of director Peter A. Magowan
10/31/14 10Q & 10/23/14 8K re: 3Qtr results ended 9/30/14
10/22/14 8K re: sales to retail and OEM
10/14/14 8K re: retirement of Group Presidents Stuart Levenick & Steven Wunning
Chevron CVX:
12/12/14 8K re: election of Alexander B. Cummings Jr. to Board
11/18/14 8K re: issuance of Floating Rate Notes
11/7/14 10Q for Qtr ended 9/30/14
10/31/14 8K re: 3Qtr results
Cisco CSCO:
12/19/14 & 12/18/14 8Ks re: Pre-arranged stock trading plan for execs
11/24/14 8K re: amendment to employee stock purchase plan
11/12/14 8K; 11/14/14 8K & 11/20/14 10Q re: results of 1 Qtr. ended 10/25/14
Coke KO:
12/11/14 8K re: increase Board to 17 & election of Marc Balland & David B. Weinberg
10/29/14 10Q & 10/21/14 8K re: 3Qtr ended 9/26/14
10/1/14 8K re: Guidelines for '14 Equity Plan
Disney DIS:
11/19/14 10K & 11/6/14 8K re: results of fiscal year ended 9/27/14
11/6/14 8K re: 4Qtr & FY ended 9/27/14
10/3/14 8K re: CEO Robert Iger's amended employment contract
DuPont DD:
12/18/14 8K re: FD disclosures re: presentation re: Performance Chemicals segment
12/18/14 8-K/A re: pre-tax charges re: restructuring plan
10/28/14 CEO letter to shareholders
10/28/14 & 10/28/14 8K re: 3Qtr ended 9/30/14
ExxonMobil XOM:
11/24/14 8K re: retirement of VP S.D. Pryor
11/5/14 10Q & 10/31/14 8K re: 3Qtr ended 9/30/14
GE:
11/10/1 8K re: incentive grant to CEO Jeffrey R. Immelt
11/4/14 10Q & 10/17/14 8K re: 3Qtr ended 9/30/14
Goldman Sachs GS:
12/19/14 8K re: election to Board of Mark A. Flaherty & Mark D. winkelman
12/17/14 & 12/16/14 8Ks re: issuance of notes
11/5/14 10Q & 10/16/14 8K re: 3Qtr ended 9/30/14
10/23/14 8K re: legal opinion re: debt issuance
Home Depot HD:
11/25/14 10Q & 11/18/14 8K re: Qtr. ended 11/2/14
11/6/14 8K re: breach of payment data system
10/20/14 8-K/A re: promotion of Craig A. Menear to CEO
10/14/14 8K re: resignation of Marvin R. Ellison, EVP
Intel INTC:
12/16/14 8K re: trigger of interest change on debentures
11/21/14 28Ks & 11/18/14 8K re: FD Disclosure re: Annual investor meeting
11/20/14 8K re: increase of quarterly div. & '15 Business Outlook
10/29/14 10Q & 10/14/14 8K re: 3rd Qtr ended 9/27/14
IBM:
12/8/14 8K re: retirement of Robert C. Weber sVP, Legal
11/25/14 8K re: issuance of debt securities
11/12/14 8K re: investors conference
11/5/14 8K re: underwriting contract with JPMorgan
10/28/14 10Q & 2 8Ks (10/20) re: 3Qtr ended 9/30/14
10/20/14 8K re: closing of Lenovo's purchase of IBM's x86 server business
10/20/14 8K re: sale of IBM's global comm'l semiconductor tech business to Globalfoundries
JPMorgan Chase JPM:
12/9/14 8K re: close of public offering of Sub. Notes
11/12/14 8K re: payment of $1.01d bil to settle foreign exchange trading allegations
11/3/14 & 2 8Ks (10/14) re: 3Qtr ended 9/30/14
10/22/14 8K re: sale of 2.2% notes due '19
10/2/14 8K re: cyberattack
10/2/14 8K re: adjustment of warrant price
Johnson & Johnson JNJ:
11/21/14 8K re: issuance of notes
11/10/14 8K re: closing of purchase of Alios BioPharma, Inc. for $1.75 bil
10/30/14 10Q & 10/14/14 8K re: 3Qtr ended 9/28/14
10/2/14 8K re: agreement to purchase Alios Biopharma
McDonald's MCD:
12/8/14 8K re: Nov. '12 sales
11/12/14 8K re: Oct. '12 sales
11/3/14 10Q & 10/21/14 8K re: 3Qtr ended 9/30/14
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.
Merck MRK:
11/10/14 10Q re: Qtr. ended 9/30/14
10/27/14 8K re: 3Qtr results
10/15/14 8K re: issuance of notes
10/2/14 8K re: completion of sale of Consumer Care Business to Bayer for 414.2 bil
Microsoft MSFT:
12/4/14 8K re: results of votes at 12/3 Annual Shareholders Meeting
11/14/14 Proxy Letter from Bd Chair John W. Thompson re: Annual Mtg
10/23/14 10Q & 10/23/14 8K re: 1Qtr ended 9/30/14
10/21/14 & 10/20/14 & 10/20/14 Proxy re: Annual Shareholder Mtg at 12/3/14 at 8 am at Meydenbauer ctr., Bellevue, WA
Nike NKE:
12/18/14 8K & 10/7/14 10Q re: results of Qtr. ended 11/30/14
10/7/14 10Q & 9/30/14 8K & 9/25/14 8K re: 1Qtr ended 8/31/14
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.
Pfizer PFE:
11/6/14 10Q for quarter ended 9/28/14
11/6/14 10Q & 10/28/14 8K re: 3Qtr ended 9/28/14
Procter & Gamble PG:
11/21/14 8K re: pre-arranged stock trading plan of CEO A.G. Lafley
11/13/14 8K re: '14 Analysts Mtg & sale of Duracell to Berkshire Hathaway
11/4/14 8K re: closing of sale of floating rate notes due '64
11/3/14 8K re: sale of notes
11/3/14 re: Argentina regulatory problems re: taxes
10/24/14 10Q & 2 8Ks (10/24) 1Qtr ended 9/30/14
10/20/14 8K re: voting results of 10/14 Annual Mtg of Shareholders
10/14/14 8K re: dividend of 64 cents payable 11/17 to record holders on 10/24/14
3M MMM:
12/16/14 8K re: dividend for 1Q '15 & '15 outlook
11/10/14 8K re: sale of Floating rate Notes
10/30/14 10Q & 10/23/14 8K re: 3Qtr ended 9/30/14
Travelers TRV:
10/21/14 10Q & 10/21/14 8K re: 3Qtr ended 9/30/14
9/10/14 2 8Ks re: realignment of 2 of 3 business segments
United Technologies UTX:
12/19/14 8K re: rejection of mini tender offer by TRC Capital
12/10/14 8K re: appointment of Akhil Johri, Sr. VP & CFO
11/24/14 Retirement of Louis Chenevert replaced by Gregory J. Hayes & election of Dir. Edward A. Kangas as Chairman of Bd. & appointment of Peter F. Longo as Acting CFO
10/24/14 10Q & 10/21/14 8K re: 3Qtr ended 9/30/14
UnitedHealth Group UNH:
12/8/14 8K re: sale of notes
12/1/14 8K re: annual investor conference
11/12/14 8K re: appointment of David S. Wichmann Pres/CFO & Larry Renfro as Vice-Chair
11/10/14 10Q for Qtr. ended 9/30/14
10/16/14 8K re: 3Qtr results
Verizon Communications Inc. VZ:
12/8/14 28Ks re: change of duties for Randal S. Milch EVP & GC
12/1/14 8K re: 4Q results
11/26/14 8K re: trading of shares in UK
10/28/14 10Q & 10/21/14 8K re: 3Qtr ended 9/30/14
Visa V:
12/19/14 8K re: exec's pre-arranged stock trading plans
12/12/14 & 11/21/14 Proxies re: Annual Stockholders Meeting 1/28/15 8:30 am Crowne Plaza, Foster City, CA
11/21/14 10K for fiscal year ended 9/30/14
10/29/14 8K re: 4Qtr & full year ended 9/30/14 results
10/22/14 8K re: 1/28/15 Annual Stockholders Mtg & dividend of 48 cents payable 12/2 to record holders on 11/14/14
WalMart WMT:
12/16/14 8K re: latest ruling re: class action lawsuit in Phil for underpaying employees - Braun/Hummel v. Walmart
12/1/14 10Q & 11/13/14 8K re: quarter ended 10/31/14
11/24/14 8K re: election of Thomas W. Horton to Board
10/30/14 8K re: Closing of Walmart Seiyu stores in Japan
10/17/14 8K re: issuance of notes
THE END FOR NOW
No comments:
Post a Comment