Tuesday, June 30, 2015

6/30/15 Tues. pm Dow Closes at 17619.51 up 23.16 or 0.13%



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

Post No. 3,232 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.

The Dow Jones Industrial Average closed Tuesday at  17619.51 up 23.16 or 0.13%  from Monday's close of 17596.35.  Of the 30   Dow components  13 gained and   17  declined.  The  biggest gainer dollar-wise was Goldman Sachs up $1.14 and percentage-wise was Disney up 0.96%.  The  biggest decliner dollar-wise was United Technologies down 60 cents and percentage-wise was Walmart down 0.69%.

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 0.14985889030177.  Tuesday's trailing P/E   ratio is 16.00 down from Monday's   trailing P/E ratio of  16.31 (last year it was 16.45).  Tuesday's P/E estimate is 15.94 unchanged from Thursday's P/E estimate of 15.94 (year ago it was 15.05) and  Tuesday's dividend yield is  2.37 up from Thursday's dividend yield of  2.32 (last year it was 2.18). The Dow's all-time high was 18312.39 on May 19,  2015. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Tuesday's closing Dow Jones Industrial Average numerator is 2640.44 up. 3.47  from Monday's closing average numerator of 2636.97.   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 (0.14985889030177) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.67  change in the Dow Index.

The average closing price (the closing numerator divided by 30) of  Tuesday's Dow Jones Industrial Average was $88.01 down 38 cents  from Monday's closing average of $87.90.  The median closing price of  Tuesday's Dow Jones Industrial Average was $84.10 (XOM/CAT) up 4 cents  from Monday's median closing price of $86.06 (XOM/CAT).  The lowest volume was 3M  and the highest volume was Apple.

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 made $347  ($264,044 -$263,698).

6/30/15 Tues. 5:19 pm MarketWatch by  Anora Mahmudova Carla Mozee says U.S. stocks the S&P 500 ended Tuesday’s volatile session slightly higher, as investors were whipsawed by the vagaries of Greece’s episodic debt negotiations.However, Tuesday’s positive finish for stocks wasn’t enough to overcome Monday’s Greek-inspired rout, which has left most of the main stock indexes with quarterly and monthly losses.The S&P 500 ended the quarter lower, snapping a nine-quarter winning streak. Monthly losses for both the S&P 500 and Dow industrials—2.1% and 2.2% respectively— were the worst since January. At the half-year mark, the S&P is 0.2% higher, while the Dow is 1.1% lower.
News from Greece dominated the trading day. Markets appeared to rise on reports that Greece proposed a two-year deal using the eurozone bailout fund, according to The Wall Street Journal.
Questions remain about the future of the southern European country as it heads toward a referendum set for July 5 that is being framed as a vote on whether the European country should stay in the eurozone. Greece missed a Tuesday deadline to repay 1.54 billion euro ($1.71 billion) to the International Monetary Fund, the same day its bailout program expired.Europe’s headlines created a rocky ride for investors. “Implied volatility levels are not that high, but certainly elevated from the low levels we have seen so far this year and we expect volatility to remain at those levels for the next few weeks,” said Marc Kepner managing director of sales and trading at Themis Trading.
Kepner noted today’s moves were due to market grasping for any good news.“For a while markets were pricing in a resolution to the Greece debt crisis, but Monday’s turn of events brought a great deal of uncertainty,” Kepner said.The S&P 500 SPX, +0.27%  ended 5.45 points, or 0.3%, higher at 2,063.0. Over the month, nine of 10 main sectors recorded losses, with utilities suffering the most. The sector declined more than 6% over the month. Over the past quarter, utilities also led the losses, down 6.7%, while health-care stocks finished with a 2.4% gain. The Dow Jones Industrial Average DJIA, +0.13% added 22.82 points, or 0.1%, to 17,619.17. Meanwhile, the Nasdaq Composite COMP, +0.57%  gained 28.40 points, or 0.7% to 4,958. The tech-heavy index booked a 1.6% monthly loss, but finished the quarter 1.8% higher and is up 5.3% so far this year.

Tuesday's Closing Dow Numbers:

Symbol Last Sale Change % Change Share Volume Market
AXP▼ NYSE
AAPL▲ NASDAQ-GS
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  Friday'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 Thursday's  closing   stock prices and related data in alphabetical order.

The Dow Jones Industrial Average: The Dow Jones Industrial Average closed Thursday at 17890.36 down 75.71 or 0.42%  from Wednesday's close of 17966.07. For the year the Dow is up %. Of the 30   Dow components  5 and   25  declined.  The  biggest gainer dollar-wise and percentage-wise was UnitedHealth up $3.16 or 2.65%.  The  biggest decliner dollar-wise was 3M down $1.62 and percentage-wise was Caterpillar down 1.64%.

WSJ pC4 "Greek uncertainty sinks US stocks" by Austen Hufford says stocks slid Thurs. as Greece's bailout talks with creditors appeared set to stretch into the weekend.

NYT pB4 "Greece worries weigh on Wall st., but health shares jump after court ruling" by AP says stocks fell Thurs as Greece talks stalled.

IBD pB3 "Stocks lose some ground, but remain near highs" by Paul Whitfield says a slurry economic data & news Thursday failed to excite an apathetic market Thurs as the action was dowin in rising volume and the current outlook is confirmed uptrend. 

Thursday's closing Dow Jones Industrial Average numerator is 2681.03 down 11.35  from Tuesday's average numerator of 2692.38.   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 (0.14985889030177) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.67  change in the Dow Index.

The average closing price (the closing numerator divided by 30) of  Wednesday's Dow Jones Industrial Average was $89.37 down 38 cents  from Tuesday's closing average of $89.75.  The median closing price of  Thursday's Dow Jones Industrial Average was $85.32 (XOM/CAT) down 10 cents  from Wednesday's median closing price of $86.42 (XOM/CAT).  The lowest volume was Travelers  and the highest volume was Apple.

If  Thursday   morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs or dividends) and sold at the close you would have lost $1,135  ($269,238 - $268,103).

6/25/15 Thurs. 4:24 pm MarketWatch by  Anora Mahmudova  says U.S. stocks ended Thursday’s choppy session lower as losses among energy and industrials companies weighed on broader indexes.
James M. Meyer, chief investment officer at Tower Bridge Advisors, said that weakness in transportation stocks is weighing on markets.The Dow Transportation index DJT, -0.85%  dropped 0.9% to 8,239.58, and is down more than 10% from its peak reached on November 28. The transport index is watched by investors because it is often viewed as a barometer of the health of the overall economy.Main indexes closed lower for the second straight session. The S&P 500 SPX, -0.30%  fell 6.27 points, or 0.3%, to 2,102.31, with eight of its 10 main sectors finishing lower. The Dow Jones Industrial Average DJIA, -0.42% fell 75.37 points, or 0.4%, to 17,890.360, while the Nasdaq Composite COMP, -0.20%  ended the day down 10.22 points, or 0.2% at 5,112.19.“The S&P 500 has been rangebound and failed to break out to new highs so far. But we are probably not going to see much movement either way until next week when we get jobs numbers,” Meyer said.In early trade, stocks were higher following upbeat economic data, including a report that showed that consumer spending leapt in May, marking the biggest gain in six years, while jobless claims remained at 15-year lows.But optimism fostered by the solid U.S. economic reports Thursday faded later in the day. Economic releases over the past several weeks have improved from disappointing readings during the first quarter, but that also increased chances that the Federal Reserve would start normalizing rates sooner.Phil Orlando, chief equity strategist and portfolio manager at Federated Investors, said economic data were getting progressively better.“Consumer spending numbers were surprisingly good. We think consumers are using buildup dry powder from lower gasoline prices. While inflation number are still weaker than the Fed would like, they are still going to raise interest rates in September,” Orlando said.“Jobless claims number suggest another solid month of job gains and we expect about 215,000 news jobs in June,” Orlando said.Meanwhile, investors monitored developments in Greece, where Greece and its international creditors again failed to reach an agreement at a Thursday morning meeting.


Friday's Dow News followed by Thursday's Closing Dow Numbers:


American Express:  No mentions found.


Apple:  USAT p2B "Cannes: For Apple, all the world's a frame" by Benjamin F. Mitchell says Apple's iPhone 6 takes spectacular pictures. 

IBD pA2 "Apple watch: vocal strategy?" says making voice memos an iPHone app could boost sales.

IBD pA4 "Apple's main benefit from Apple Music may be iPhone sales" by Michele Chandle says Apple is trying to reclaim its music dominance through the iPhone.


Boeing: No mentions found.


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: No mentions found.


Home Depot: No mentions found.


Intel: No mentions found.


IBM: No mentions found.


JPMorgan: No mentions found.


Johnson & Johnson: No mentions found.


McDonald's:  WSJ pB6 "Healthier kids' options take root at McDonald's" by Julie Jargon, IBD pA2 "McDonald's"  say McDonald's says kids are eating healthier at McDonald's.


Merck: No mentions found.


Microsoft: No mentions found.


Nike:  IBD pA1 "Nike earnings leap past views, led by high margin products" by Marilyn Much says Nike earnings for 4Q climbed 26% to 98 cents a share, beating views of 83 cents and marking Nike's 4th straight double digit earnings gain.  Rev grew 5% to $7.78 bil, above views for $7.69 bi.


Pfizer: No mentions found.


Procter & Gamble: No mentions found.


3M: No mentions found.


Travelers: No mentions found.


United Technologies: No mentions found.


UnitedHealth:  IBD pB6 "Hospitals, insurers rise on court ruling" by Ken Shreve, IBD pA8 "Managed care stocks pop on court ruling" by Ken Hoover, NYT pB1 "Court ruling seen as a spur to consolidation of insurers" by Michael J. de la Merced say UnitedHealth's proposed purchase of Aetna is one example of consolidation.  UnitedHealth closed up 3%..


Verizon: No mentions found.


Visa: No mentions found.


Walmart: No mentions found.


Thursday's Closing Dow Numbers:


Symbol Last Sale Change % Change Share Volume Market
AXP▼ NYSE
AAPL▼ NASDAQ-GS
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)

Apple: Tim Cook (Cupertino, CA)

American Express AXP Kenneth I. Chenault (NY, NY)

Boeing BA W. James McNerney, Jr. (Chicago, Ill) (to be replaced 7/1/15 by Dennis A. Muilenburg)

Caterpillar CAT Douglas Oberhelman (Peoria, Ill.)

Chevron CVX John Watson (San Ramon, CA)

Cisco CSCO John Chambers (San Jose, CA) to be replaced 7/26 by Chuck Robbins

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 M. 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 Steve Easterbrook (Oak Brook, Ill)

Merck MRK Kenneth Frazier (Whitehouse Station, N.J.)

Microsoft MSFT Satya Nadella (Redmond, WA)

Nike NKE 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)

UnitedHealth UNC Stephen Hemsley (Minnetonka, MN)

United Technologies UTX Greg Hayes (Hartford, CT)

Verizon VZ Lowell McAdam (NY, NY)

Visa V Charles W. Scharf (San Francisco, CA)

Wal-Mart WMT Doug McMillon (Bentonville, ARK)
***************************
Here are the Dow Jones Industrial Average 30 as of 6/9/15  ranked in order of market capitalization in billions:

1. Apple AAPL $734.07
2. Microsoft MSFT 370.36
3. Exxon Mobil XOM 353.64
4. GE 275.37
5. Johnson & Johnson JNJ 272.34
6. JPMorgan Chase JPM 249.28
7. Wal-Mart WMT 233.75
8. Procter & Gamble PG 214.06   
9. Pfizer PFE 209.42
10.  Verizon VZ 193.08
11.  Chevron CVX 188.84
12. Disney 184.13
13. Coke KO 175.22
14. Visa V 166.27
15. Merck MRK 166.24
16. IBM 163.15
17.  Intel INTC 148.25
18. Cisco CSCO 143.63
19. Home Depot HD 142.28 
20. UnitedHealth UNH 111.36
21.  United Technologies UTX 103.53
22. 3M MMM 99.58 
23. Boeing BA 96.88 
24.  Goldman Sachs GS 94.25
25. McDonald' s MCD 90.8   
26. Nike NKE 87.14
27. American Express AXP 80.42
28. DuPont DD 62.65
29. Caterpillar CAT 52.35
30. Travelers TRV 31.17
****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 6/9/15  for the prior 90 day period:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

American Express AXP:
5/29/15 8K re: death of Pres. Edward P. Gilligan
5/15/15 8K re: delinq. & write-off stats for 3 mos. thru 4/30/15
5/11/15 8K re: Voting results of annual mtg of shareholders
4/29/15 10Q & 4/16/15 8K re: 1Q results
4/15/15 8K re: delinq. & write-off states for 3 months thru 3/31/15
3/30/15 14A Proxy material

Apple AAPL:
5/13/15 8K re: issuance of notes
4/28/15 10Q & 4/27/15 8K re: 2Q ended 3/28/15
4/27/15 8K re: share buyback & div. of 52 cents per share payable 5/14 to record shareholders on 5/11
3/13/15 8K re: amdmt. to employee stock purchase plan

Boeing BA:
4/29/15 8K re: amendment of bylaws to decrease Board from 11 to 10 & voting results of 4/27 Annual Shareholders Meeting
4/22/15 10Q & 4/2215 8K re: 1Q results ended 3/31/15
3/13/15 14A Def. Proxy re: Annual Shareholders Mtg on 4/27/15 at 9 am at Field Museum, Chicago

Caterpillar CAT:
6/1/15; 5/28/15; & 5/22/15 Proxy material
5/20/15 8K re: April retail stats
5/1/15 10Q & 4/23/15 8K re: 1Q ended 3/31/15
4/22//15 8K re: March retail stats
3/19/15 8K re: sales thru 2/15

Chevron CVX:
6/2/15 8K re: voting results of annual stockholder meeting on 5/27
5/11/15 & 4/9/15 Proxy material
5/7/15 10Q & 5/1/15 8K re: 1Q results ended 3/31/15
3/31/15 8K re: retirement of Vice-Chair & EVP George Kirkland

Cisco CSCO:
6/1/15 8K re: termination of execs Robert w. Lloyd, Pres. Dev. & sales & Gary B. Moore, Pres/COO
5/20/15 10Q & 5/13/15 8K re: 3Q results ended 4/25/15
5/4/15 8K re: election of Charles H. Robbins CEO eff 7/26/15
3/24/15 8K re: pre-arranged stock trading plan for GC
3/19/15 8K re: exec pre-arranged stock trading plan

Coke KO:
4/30/15 10Q & 4/22/15 8K re: !Q ended 4/3/15
4/29/15 8K re: voting results of 4/29/15 Meeting of Shareholders

Disney DIS:
6/2/15 8K re: resignation of CFO James A. Rasulo
5/15/15 10Q & 5/5/15 8K re: 2Q results ended 3/28/15
3/13/15 8K re: voting results of 3/12 Annual Shareholders Mtg

DuPont DD:
6/9/15 8K/A & 6/2/15 8K/A re: voting results of 5/13/15 Annual Meeting of Stockholders
6/1/15 8K re: change of reg. agent in Delaware
5/19/15 8K & 5/13/15 8K & 5/12/15 8K & 4/23/15 8K re: sale of notes by subsidiary, Chemours & spin-off of Chemours to shareholders.
April & March, 2015 numerous Proxy materials re: Trian's proposal to add Directors
4/21/15 10Q & 4/21/15 8K re: 1Q results ended 3/31/15 & dividend of 49 cents payable 6/12 to record holders of 5/15

ExxonMobil XOM:
6/1/15 8K re: results of voting of 5/27/15 Annual Shareholders Meeting
5/14/15; 4/21/15; & 4/14/15 Proxy materials
5/6/15 10Q & 4/30/15 8K re: 1Q results ended 3/31/15
3/23/15 8K re: fin'l & operation reviews
3/10/15 8K re: 3/4/15 analyst meeting

GE:
5/28/15 8K & 5/27/15 8K re: issuance of notes
5/15/15 10Q & 4/17/15 8K re: 1Q ended 3/31/15
4/27/15 8K re: results of voting of 4/22/15 Annual Mtg of Shareholders
4/10/15 8K re: sale of GECC over 24 months to end status of being a SIFI or systemically important fin'l institution

Goldman Sachs GS:
5/22/15 8K re: issuance of notes
5/22/15 8K re: amendmt to stock incentive plan
5/12/15 re: issuance of notes
5/5/15 10Q & 4/16/15 8K re: 1Q ended 3/31/15
4/24/15 & 4/23/15 8K's re: issuance of notes
4/10/15 Proxy
3/31/15 & 3/30/15 8Ks re: issuance of notes
3/11/15 8K re: revised '15 Capital Plan
3/9/15 8K re: retirement from Board of Claes Dahlback

Home Depot HD:
6/2/15 8K re: issuance of notes
5/27/15 10Q & 5/19/15 8K re: 1Q ended 5/3/15
5/26/15 8K re: voting results from 5/21 Shareholders Mtg
4/16/15 Proxy
3/26/15 10K FY ended 2/1/15

Intel INTC:
6/5/15 & 4/6/15 8Ks re: change of organizational structure & change of reporting fin'l info
6/1/15 8K re: purchase of Altera Corp
5/27/15 8K re: voting results of 5/21 Stockholder Mtg
5/14/15 8K re: FD disclosures re: Annual Mtg
4/2/15 Proxy
3/12/15 8K re: 1Qtr guidance

IBM:
5/1/15 8K re: voting results of 4/28 Stockholder Mtg
4/28/15 10Q & 4/21/15 & 4/20/15 8Ks re: 1Q ended 3/31/15
4/3/15 Proxy
3/31/15 8K re: integration of Global Process Services
3/19/15 Def. Proxy  14A Stockholders Annual Mtg at 10 am 4/.28/15 at Statehouse Conv. Ctr., Little Rock, Ark & nomination of Alex Gorsky, CEO, Johnson & Johnson & Peter R. Voser to Board

JPMorgan Chase JPM:
6/4/15 8K re: issuance of preferred stock
5/22/15 8K re: results of voting of 5/19 shareholder mtg
5/20/15 & 5/14/15 8Ks re: settlement with U.S. Dept of Justice  & Fed. Res. re: foreign exchange charges and guilty plea to violation of fed antitrust law & payment of $550 mil fine
5/6/15 & 4/3/15 8Ks re: redemption of Bear Stearns notes
5/5/15 10Q & 4/14/15 8Ks re: 1Q ended 3/31
4/28/15 & 4/28 Proxy
4/1/15 8K re: reduction of warrant exercise price for common stock
3/24/15 8K re: issuance of notes
3/20/15 8K & 3/6/15 8K re: redemption of Bear Stearn Notes

Johnson & Johnson JNJ:
6/9/15 8K re: election of Dr. Mary Beckerle, CEO of Hunstsman Cancer Inst. to Board
5/21/15 8K re: retirement of Controller Stephen J. Cosgrove and replaced by Ronald a. Kapusta
5/1/15 10Q & 4/14/15 8K re: 1Q ended 3/29/15
4/24/15 8K re: increase of dividend to 75 cents payable 6/9 to 5/26 record holders
4/8/15 Proxy
4/3/15 8K re: divestiture by subsidiary Janssen of tapentadol to Depomed for $1.05 bil
3/11/15 Def. 14A Proxy for Annual shareholder Mtg a 10:30 am on 4/23/15 at State Theatre, New Brunswick, NJ

McDonald's MCD:
6/8/15 8K re: May sales
5/27/15 8K re: voting results from 5/21/15 Shareholder meeting
5/26/15 8K re: issuance of notes
5/11/15 8K re: April sales
5/11/15 Proxy
5/7/15 10Q & 4/22/15 8K re: 1Q ended 3/31/15
5/4/15 8K re: restructuring and turn around plans
4/10/15 Proxy 3/27/15 8KA re: election of Stephen Easterbrook as Chair of Exec Com & CEO
3/20/15 8K re: stock award to execs
3/9/15 8K re: Feb. global sales

Merck MRK:
5/28/15 & 5/26/15 8Ks re: voting results of 5/26/15 shareholder mtg
5/7/15 10Q & 4/28/15 8K re: 1Q ended 3/31/15
4/13/15 Proxy

Microsoft MSFT:
4/23/15 8K & 10Q re: 3Q ended 3/31/15

Nike NKE:
4/7/15 10Q & 3/24/15 8K re: 3Q ended 2/28/15
3/19/15 8K for Qtr ended 2/28/15

Pfizer PFE:
5/14/15 8K re: resignation of director Marc Tessier-Lavigne
5/7/15 10Q & 4/28/15 8K re: 1Q ended 3/29
4/28/15 8K re: resulting of voting from 4/23 shareholders meeting
4/8/15 Proxy
3/12/15 Def. 14A Proxy re: 4/23/15 Annual Shareholder Mtg at Short Hills, NJ

Procter & Gamble PG:
5/7/15 8K re: issuance of notes
4/23/15 10Q & 4/23/15 8Ks re: 3Q ended 3/31/15
4/17/15 8K re: declaration of dividend on common & pref. shares

3M MMM:
5/18/15 8K re: issuance of notes
5/13/15 8K re: results of voting from 5/12 stockholder meeting
4/30/15 10Q & 4/23/15 8K re: 1Q ended 3/31
3/27/15 & 3/25/15 Proxy
3/23/15 8K re: purchase of Polypore's separations media business for $1 bil

Travelers TRV:
5/22/15 8K re: voting results of 5/20/15 shareholders meeting
4/21/15 10Q && 4/21/15 8K re: 1Q results ended 3/31/15
4/3/15 Proxy

United Technologies UTX:
5/22/15 8K re: issuance of notes
5/4/15 8K re: remarketing of notes
4/27/15 8K re: voting results of 4/27 shareholder meeting
4/2/15 10Q & 3/31, 4/24 & 4/21 8Ks re: 1Q ended 3/31/15
4/14/15 8K re: issuance of equity unites
4/8/15 8K re: US dept. of Justice charges that Pratt & Whitney overcharged US air Force between '85 & '90 & status of $64 mil judgment
4/2/15 8K re: election of Robert Leduc, Pres. of Sikorsky succeeding Mick Maurer
3/13/15 Def. 14A Proxy re: Annual Mtg of Shareholders on 3/2/15 2pm at PGA Nat'l Resort, Palm Beach Gardens, FL

UnitedHealth Group UNH:
6/5/15 8K re: amendment to stock incentive plan
5/26/15 FD disclosure re: NYC 5/28 Bernstein's Conference
5/6/15 10Q & 4/16/15 8K re: 1Q ended 3/31/15
3/30/15; 4/6/15 & 4/22/15 Proxy material
3/30/15 8K re: purchase of Yukon Territory Catamaran Corp.

Verizon Communications Inc. VZ:
6/8/15 8K re: amendment of bylaws re: annual mtg of stockholders
5/13/15 8K re: retirement of Randal s. Milch, VP
5/12/15 8K re: Verizon to buy AOL for $4.4 bil
4/28/15 10Q  & 4/21/15 8K re: 1Q ended 3/31/15
4/24/15 & 3/23/15 Proxy
3/12/15 8K & 2/26/15 8K & 2/25/15 8K 2/12/15 8K re: results of exchange offer

Visa V:
4/30/15 10Q & 4/30/15 8K re: 2Q ended 3/31
4/23/15 8K re: 12 cents a share dividend payable 6/2 to record holders of 5/15
4/14/15 8K re: resignation of Antonio Lucio, EVP and Chief Brand Officer

WalMart WMT:
6/8/15 8K re: voting results of 6/5 shareholder meeting
6/5/15 10Q & 5/19 8K re: 1Q ended 4/30/15
4/22/15 Proxy
4/1/15 10K for FY ended 1/31/15

The End


Friday, June 26, 2015

6/26/15 Fri. am Nike Posts Strong 4Q Results



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

Post No. 3,231 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.


A  read of the print editions of  Friday'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 Thursday's  closing   stock prices and related data in alphabetical order.

The Dow Jones Industrial Average: The Dow Jones Industrial Average closed Thursday at 17890.36 down 75.71 or 0.42%  from Wednesday's close of 17966.07. For the year the Dow is up %. Of the 30   Dow components  5 and   25  declined.  The  biggest gainer dollar-wise and percentage-wise was UnitedHealth up $3.16 or 2.65%.  The  biggest decliner dollar-wise was 3M down $1.62 and percentage-wise was Caterpillar down 1.64%.

WSJ pC4 "Greek uncertainty sinks US stocks" by Austen Hufford says stocks slid Thurs. as Greece's bailout talks with creditors appeared set to stretch into the weekend.

NYT pB4 "Greece worries weigh on Wall st., but health shares jump after court ruling" by AP says stocks fell Thurs as Greece talks stalled.

IBD pB3 "Stocks lose some ground, but remain near highs" by Paul Whitfield says a slurry economic data & news Thursday failed to excite an apathetic market Thurs as the action was dowin in rising volume and the current outlook is confirmed uptrend. 

As of the open of  the market on Friday the current divisor for the Dow Jones Industrial Average found at page C6 of  Friday's  Wall St. Journal is 0.14985889030177.  Friday's trailing P/E   ratio is 16.28 down from Thursday's   trailing P/E ratio of  16.35 (last year it was 16.48).  Friday's P/E estimate is 16.17 unchanged from Thursday's P/E estimate of 16.17 (year ago it was 15.19) and  Friday's dividend yield is  2.33 up from Thursday's dividend yield of  2.32 (last year it was 2.17). The Dow's all-time high was 18312.39 on May 19,  2015. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Thursday's closing Dow Jones Industrial Average numerator is 2681.03 down 11.35  from Tuesday's average numerator of 2692.38.   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 (0.14985889030177) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $6.67  change in the Dow Index.

The average closing price (the closing numerator divided by 30) of  Wednesday's Dow Jones Industrial Average was $89.37 down 38 cents  from Tuesday's closing average of $89.75.  The median closing price of  Thursday's Dow Jones Industrial Average was $85.32 (XOM/CAT) down 10 cents  from Wednesday's median closing price of $86.42 (XOM/CAT).  The lowest volume was Travelers  and the highest volume was Apple.

If  Thursday   morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs or dividends) and sold at the close you would have lost $1,135  ($269,238 - $268,103).

6/25/15 Thurs. 4:24 pm MarketWatch by  Anora Mahmudova  says U.S. stocks ended Thursday’s choppy session lower as losses among energy and industrials companies weighed on broader indexes.
James M. Meyer, chief investment officer at Tower Bridge Advisors, said that weakness in transportation stocks is weighing on markets.The Dow Transportation index DJT, -0.85%  dropped 0.9% to 8,239.58, and is down more than 10% from its peak reached on November 28. The transport index is watched by investors because it is often viewed as a barometer of the health of the overall economy.Main indexes closed lower for the second straight session. The S&P 500 SPX, -0.30%  fell 6.27 points, or 0.3%, to 2,102.31, with eight of its 10 main sectors finishing lower. The Dow Jones Industrial Average DJIA, -0.42% fell 75.37 points, or 0.4%, to 17,890.360, while the Nasdaq Composite COMP, -0.20%  ended the day down 10.22 points, or 0.2% at 5,112.19.“The S&P 500 has been rangebound and failed to break out to new highs so far. But we are probably not going to see much movement either way until next week when we get jobs numbers,” Meyer said.In early trade, stocks were higher following upbeat economic data, including a report that showed that consumer spending leapt in May, marking the biggest gain in six years, while jobless claims remained at 15-year lows.But optimism fostered by the solid U.S. economic reports Thursday faded later in the day. Economic releases over the past several weeks have improved from disappointing readings during the first quarter, but that also increased chances that the Federal Reserve would start normalizing rates sooner.Phil Orlando, chief equity strategist and portfolio manager at Federated Investors, said economic data were getting progressively better.“Consumer spending numbers were surprisingly good. We think consumers are using buildup dry powder from lower gasoline prices. While inflation number are still weaker than the Fed would like, they are still going to raise interest rates in September,” Orlando said.“Jobless claims number suggest another solid month of job gains and we expect about 215,000 news jobs in June,” Orlando said.Meanwhile, investors monitored developments in Greece, where Greece and its international creditors again failed to reach an agreement at a Thursday morning meeting.


Friday's Dow News followed by Thursday's Closing Dow Numbers:


American Express:  No mentions found.


Apple:  USAT p2B "Cannes: For Apple, all the world's a frame" by Benjamin F. Mitchell says Apple's iPhone 6 takes spectacular pictures. 

IBD pA2 "Apple watch: vocal strategy?" says making voice memos an iPHone app could boost sales.

IBD pA4 "Apple's main benefit from Apple Music may be iPhone sales" by Michele Chandle says Apple is trying to reclaim its music dominance through the iPhone.


Boeing: No mentions found.


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: No mentions found.


Home Depot: No mentions found.


Intel: No mentions found.


IBM: No mentions found.


JPMorgan: No mentions found.


Johnson & Johnson: No mentions found.


McDonald's:  WSJ pB6 "Healthier kids' options take root at McDonald's" by Julie Jargon, IBD pA2 "McDonald's"  say McDonald's says kids are eating healthier at McDonald's.


Merck: No mentions found.


Microsoft: No mentions found.


Nike:  IBD pA1 "Nike earnings leap past views, led by high margin products" by Marilyn Much says Nike earnings for 4Q climbed 26% to 98 cents a share, beating views of 83 cents and marking Nike's 4th straight double digit earnings gain.  Rev grew 5% to $7.78 bil, above views for $7.69 bi.


Pfizer: No mentions found.


Procter & Gamble: No mentions found.


3M: No mentions found.


Travelers: No mentions found.


United Technologies: No mentions found.


UnitedHealth:  IBD pB6 "Hospitals, insurers rise on court ruling" by Ken Shreve, IBD pA8 "Managed care stocks pop on court ruling" by Ken Hoover, NYT pB1 "Court ruling seen as a spur to consolidation of insurers" by Michael J. de la Merced say UnitedHealth's proposed purchase of Aetna is one example of consolidation.  UnitedHealth closed up 3%..


Verizon: No mentions found.


Visa: No mentions found.


Walmart: No mentions found.


Thursday's Closing Dow Numbers:


Symbol Last Sale Change % Change Share Volume Market
AXP▼ NYSE
AAPL▼ NASDAQ-GS
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)

Apple: Tim Cook (Cupertino, CA)

American Express AXP Kenneth I. Chenault (NY, NY)

Boeing BA W. James McNerney, Jr. (Chicago, Ill) (to be replaced 7/1/15 by Dennis A. Muilenburg)

Caterpillar CAT Douglas Oberhelman (Peoria, Ill.)

Chevron CVX John Watson (San Ramon, CA)

Cisco CSCO John Chambers (San Jose, CA) to be replaced 7/26 by Chuck Robbins

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 M. 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 Steve Easterbrook (Oak Brook, Ill)

Merck MRK Kenneth Frazier (Whitehouse Station, N.J.)

Microsoft MSFT Satya Nadella (Redmond, WA)

Nike NKE 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)

UnitedHealth UNC Stephen Hemsley (Minnetonka, MN)

United Technologies UTX Greg Hayes (Hartford, CT)

Verizon VZ Lowell McAdam (NY, NY)

Visa V Charles W. Scharf (San Francisco, CA)

Wal-Mart WMT Doug McMillon (Bentonville, ARK)
***************************
Here are the Dow Jones Industrial Average 30 as of 6/9/15  ranked in order of market capitalization in billions:

1. Apple AAPL $734.07
2. Microsoft MSFT 370.36
3. Exxon Mobil XOM 353.64
4. GE 275.37
5. Johnson & Johnson JNJ 272.34
6. JPMorgan Chase JPM 249.28
7. Wal-Mart WMT 233.75
8. Procter & Gamble PG 214.06   
9. Pfizer PFE 209.42
10.  Verizon VZ 193.08
11.  Chevron CVX 188.84
12. Disney 184.13
13. Coke KO 175.22
14. Visa V 166.27
15. Merck MRK 166.24
16. IBM 163.15
17.  Intel INTC 148.25
18. Cisco CSCO 143.63
19. Home Depot HD 142.28 
20. UnitedHealth UNH 111.36
21.  United Technologies UTX 103.53
22. 3M MMM 99.58 
23. Boeing BA 96.88 
24.  Goldman Sachs GS 94.25
25. McDonald' s MCD 90.8   
26. Nike NKE 87.14
27. American Express AXP 80.42
28. DuPont DD 62.65
29. Caterpillar CAT 52.35
30. Travelers TRV 31.17
****************************************
Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 6/9/15  for the prior 90 day period:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

American Express AXP:
5/29/15 8K re: death of Pres. Edward P. Gilligan
5/15/15 8K re: delinq. & write-off stats for 3 mos. thru 4/30/15
5/11/15 8K re: Voting results of annual mtg of shareholders
4/29/15 10Q & 4/16/15 8K re: 1Q results
4/15/15 8K re: delinq. & write-off states for 3 months thru 3/31/15
3/30/15 14A Proxy material

Apple AAPL:
5/13/15 8K re: issuance of notes
4/28/15 10Q & 4/27/15 8K re: 2Q ended 3/28/15
4/27/15 8K re: share buyback & div. of 52 cents per share payable 5/14 to record shareholders on 5/11
3/13/15 8K re: amdmt. to employee stock purchase plan

Boeing BA:
4/29/15 8K re: amendment of bylaws to decrease Board from 11 to 10 & voting results of 4/27 Annual Shareholders Meeting
4/22/15 10Q & 4/2215 8K re: 1Q results ended 3/31/15
3/13/15 14A Def. Proxy re: Annual Shareholders Mtg on 4/27/15 at 9 am at Field Museum, Chicago

Caterpillar CAT:
6/1/15; 5/28/15; & 5/22/15 Proxy material
5/20/15 8K re: April retail stats
5/1/15 10Q & 4/23/15 8K re: 1Q ended 3/31/15
4/22//15 8K re: March retail stats
3/19/15 8K re: sales thru 2/15

Chevron CVX:
6/2/15 8K re: voting results of annual stockholder meeting on 5/27
5/11/15 & 4/9/15 Proxy material
5/7/15 10Q & 5/1/15 8K re: 1Q results ended 3/31/15
3/31/15 8K re: retirement of Vice-Chair & EVP George Kirkland

Cisco CSCO:
6/1/15 8K re: termination of execs Robert w. Lloyd, Pres. Dev. & sales & Gary B. Moore, Pres/COO
5/20/15 10Q & 5/13/15 8K re: 3Q results ended 4/25/15
5/4/15 8K re: election of Charles H. Robbins CEO eff 7/26/15
3/24/15 8K re: pre-arranged stock trading plan for GC
3/19/15 8K re: exec pre-arranged stock trading plan

Coke KO:
4/30/15 10Q & 4/22/15 8K re: !Q ended 4/3/15
4/29/15 8K re: voting results of 4/29/15 Meeting of Shareholders

Disney DIS:
6/2/15 8K re: resignation of CFO James A. Rasulo
5/15/15 10Q & 5/5/15 8K re: 2Q results ended 3/28/15
3/13/15 8K re: voting results of 3/12 Annual Shareholders Mtg

DuPont DD:
6/9/15 8K/A & 6/2/15 8K/A re: voting results of 5/13/15 Annual Meeting of Stockholders
6/1/15 8K re: change of reg. agent in Delaware
5/19/15 8K & 5/13/15 8K & 5/12/15 8K & 4/23/15 8K re: sale of notes by subsidiary, Chemours & spin-off of Chemours to shareholders.
April & March, 2015 numerous Proxy materials re: Trian's proposal to add Directors
4/21/15 10Q & 4/21/15 8K re: 1Q results ended 3/31/15 & dividend of 49 cents payable 6/12 to record holders of 5/15

ExxonMobil XOM:
6/1/15 8K re: results of voting of 5/27/15 Annual Shareholders Meeting
5/14/15; 4/21/15; & 4/14/15 Proxy materials
5/6/15 10Q & 4/30/15 8K re: 1Q results ended 3/31/15
3/23/15 8K re: fin'l & operation reviews
3/10/15 8K re: 3/4/15 analyst meeting

GE:
5/28/15 8K & 5/27/15 8K re: issuance of notes
5/15/15 10Q & 4/17/15 8K re: 1Q ended 3/31/15
4/27/15 8K re: results of voting of 4/22/15 Annual Mtg of Shareholders
4/10/15 8K re: sale of GECC over 24 months to end status of being a SIFI or systemically important fin'l institution

Goldman Sachs GS:
5/22/15 8K re: issuance of notes
5/22/15 8K re: amendmt to stock incentive plan
5/12/15 re: issuance of notes
5/5/15 10Q & 4/16/15 8K re: 1Q ended 3/31/15
4/24/15 & 4/23/15 8K's re: issuance of notes
4/10/15 Proxy
3/31/15 & 3/30/15 8Ks re: issuance of notes
3/11/15 8K re: revised '15 Capital Plan
3/9/15 8K re: retirement from Board of Claes Dahlback

Home Depot HD:
6/2/15 8K re: issuance of notes
5/27/15 10Q & 5/19/15 8K re: 1Q ended 5/3/15
5/26/15 8K re: voting results from 5/21 Shareholders Mtg
4/16/15 Proxy
3/26/15 10K FY ended 2/1/15

Intel INTC:
6/5/15 & 4/6/15 8Ks re: change of organizational structure & change of reporting fin'l info
6/1/15 8K re: purchase of Altera Corp
5/27/15 8K re: voting results of 5/21 Stockholder Mtg
5/14/15 8K re: FD disclosures re: Annual Mtg
4/2/15 Proxy
3/12/15 8K re: 1Qtr guidance

IBM:
5/1/15 8K re: voting results of 4/28 Stockholder Mtg
4/28/15 10Q & 4/21/15 & 4/20/15 8Ks re: 1Q ended 3/31/15
4/3/15 Proxy
3/31/15 8K re: integration of Global Process Services
3/19/15 Def. Proxy  14A Stockholders Annual Mtg at 10 am 4/.28/15 at Statehouse Conv. Ctr., Little Rock, Ark & nomination of Alex Gorsky, CEO, Johnson & Johnson & Peter R. Voser to Board

JPMorgan Chase JPM:
6/4/15 8K re: issuance of preferred stock
5/22/15 8K re: results of voting of 5/19 shareholder mtg
5/20/15 & 5/14/15 8Ks re: settlement with U.S. Dept of Justice  & Fed. Res. re: foreign exchange charges and guilty plea to violation of fed antitrust law & payment of $550 mil fine
5/6/15 & 4/3/15 8Ks re: redemption of Bear Stearns notes
5/5/15 10Q & 4/14/15 8Ks re: 1Q ended 3/31
4/28/15 & 4/28 Proxy
4/1/15 8K re: reduction of warrant exercise price for common stock
3/24/15 8K re: issuance of notes
3/20/15 8K & 3/6/15 8K re: redemption of Bear Stearn Notes

Johnson & Johnson JNJ:
6/9/15 8K re: election of Dr. Mary Beckerle, CEO of Hunstsman Cancer Inst. to Board
5/21/15 8K re: retirement of Controller Stephen J. Cosgrove and replaced by Ronald a. Kapusta
5/1/15 10Q & 4/14/15 8K re: 1Q ended 3/29/15
4/24/15 8K re: increase of dividend to 75 cents payable 6/9 to 5/26 record holders
4/8/15 Proxy
4/3/15 8K re: divestiture by subsidiary Janssen of tapentadol to Depomed for $1.05 bil
3/11/15 Def. 14A Proxy for Annual shareholder Mtg a 10:30 am on 4/23/15 at State Theatre, New Brunswick, NJ

McDonald's MCD:
6/8/15 8K re: May sales
5/27/15 8K re: voting results from 5/21/15 Shareholder meeting
5/26/15 8K re: issuance of notes
5/11/15 8K re: April sales
5/11/15 Proxy
5/7/15 10Q & 4/22/15 8K re: 1Q ended 3/31/15
5/4/15 8K re: restructuring and turn around plans
4/10/15 Proxy 3/27/15 8KA re: election of Stephen Easterbrook as Chair of Exec Com & CEO
3/20/15 8K re: stock award to execs
3/9/15 8K re: Feb. global sales

Merck MRK:
5/28/15 & 5/26/15 8Ks re: voting results of 5/26/15 shareholder mtg
5/7/15 10Q & 4/28/15 8K re: 1Q ended 3/31/15
4/13/15 Proxy

Microsoft MSFT:
4/23/15 8K & 10Q re: 3Q ended 3/31/15

Nike NKE:
4/7/15 10Q & 3/24/15 8K re: 3Q ended 2/28/15
3/19/15 8K for Qtr ended 2/28/15

Pfizer PFE:
5/14/15 8K re: resignation of director Marc Tessier-Lavigne
5/7/15 10Q & 4/28/15 8K re: 1Q ended 3/29
4/28/15 8K re: resulting of voting from 4/23 shareholders meeting
4/8/15 Proxy
3/12/15 Def. 14A Proxy re: 4/23/15 Annual Shareholder Mtg at Short Hills, NJ

Procter & Gamble PG:
5/7/15 8K re: issuance of notes
4/23/15 10Q & 4/23/15 8Ks re: 3Q ended 3/31/15
4/17/15 8K re: declaration of dividend on common & pref. shares

3M MMM:
5/18/15 8K re: issuance of notes
5/13/15 8K re: results of voting from 5/12 stockholder meeting
4/30/15 10Q & 4/23/15 8K re: 1Q ended 3/31
3/27/15 & 3/25/15 Proxy
3/23/15 8K re: purchase of Polypore's separations media business for $1 bil

Travelers TRV:
5/22/15 8K re: voting results of 5/20/15 shareholders meeting
4/21/15 10Q && 4/21/15 8K re: 1Q results ended 3/31/15
4/3/15 Proxy

United Technologies UTX:
5/22/15 8K re: issuance of notes
5/4/15 8K re: remarketing of notes
4/27/15 8K re: voting results of 4/27 shareholder meeting
4/2/15 10Q & 3/31, 4/24 & 4/21 8Ks re: 1Q ended 3/31/15
4/14/15 8K re: issuance of equity unites
4/8/15 8K re: US dept. of Justice charges that Pratt & Whitney overcharged US air Force between '85 & '90 & status of $64 mil judgment
4/2/15 8K re: election of Robert Leduc, Pres. of Sikorsky succeeding Mick Maurer
3/13/15 Def. 14A Proxy re: Annual Mtg of Shareholders on 3/2/15 2pm at PGA Nat'l Resort, Palm Beach Gardens, FL

UnitedHealth Group UNH:
6/5/15 8K re: amendment to stock incentive plan
5/26/15 FD disclosure re: NYC 5/28 Bernstein's Conference
5/6/15 10Q & 4/16/15 8K re: 1Q ended 3/31/15
3/30/15; 4/6/15 & 4/22/15 Proxy material
3/30/15 8K re: purchase of Yukon Territory Catamaran Corp.

Verizon Communications Inc. VZ:
6/8/15 8K re: amendment of bylaws re: annual mtg of stockholders
5/13/15 8K re: retirement of Randal s. Milch, VP
5/12/15 8K re: Verizon to buy AOL for $4.4 bil
4/28/15 10Q  & 4/21/15 8K re: 1Q ended 3/31/15
4/24/15 & 3/23/15 Proxy
3/12/15 8K & 2/26/15 8K & 2/25/15 8K 2/12/15 8K re: results of exchange offer

Visa V:
4/30/15 10Q & 4/30/15 8K re: 2Q ended 3/31
4/23/15 8K re: 12 cents a share dividend payable 6/2 to record holders of 5/15
4/14/15 8K re: resignation of Antonio Lucio, EVP and Chief Brand Officer

WalMart WMT:
6/8/15 8K re: voting results of 6/5 shareholder meeting
6/5/15 10Q & 5/19 8K re: 1Q ended 4/30/15
4/22/15 Proxy
4/1/15 10K for FY ended 1/31/15

The End