Welcome to the Motley Fool Shop at FoolMart Daily Dow

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

This Feature

Related Items

BTD 10
As Of 09/20/96

#1
International Paper
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:IP)") else Response.Write("(NYSE:IP)") end if %>

#2
General Motors
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GM)") else Response.Write("(NYSE:GM)") end if %>

#3
Chevron Corp
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CHV)") else Response.Write("(NYSE:CHV)") end if %>

#4
Merck & Co.
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MRK)") else Response.Write("(NYSE:MRK)") end if %>

#5
Minnesota Mining & Mfg
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MMM)") else Response.Write("(NYSE:MMM)") end if %>

#6
Du Pont de Nemours & Co.
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:DD)") else Response.Write("(NYSE:DD)") end if %>

#7
Exxon
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:XON)") else Response.Write("(NYSE:XON)") end if %>

#8
J.P. Morgan
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:JPM)") else Response.Write("(NYSE:JPM)") end if %>
#9
Philip Morris
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MO)") else Response.Write("(NYSE:MO)") end if %>

#10
Texaco
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:TX)") else Response.Write("(NYSE:TX)") end if %>

***NOTE: FOOLISH FOUR STOCKS ARE ITALICISED

The Daily Dow
Friday, September 20, 1996
by Robert Sheard

LEXINGTON, KY. (September 20): Despite the Dow's 21-point gain today, the Foolish Four holdings were a mixed collection. Chevron, Kodak, and Imation joined the majority of Dow stocks enjoying the day, but DuPont and 3M held the lid on any solid gains.

3M's problem is linked to a brokerage downgrade from Cowen & Co., and just when the stock's been doing well for us of late, wouldn't you know? Cowen cuts its rating from "buy" to "neutral." That's two downgrades this week for our bunch! Time to send the Fool bouncers over to Wall Street to "convince" these guys to leave our high-yield heavyweights alone!

In other company news today, Chevron announced that its selling its subsidiary, Sumatra Gulf Oil Limited, to Premier Oil plc. Through the deal, Chevron is divesting its two-thirds interest in the Natuna Sea Block "A" offshore Indonesia. According to the press release, the divestiture is in order for Chevron to focus better on the company's long-term strategy for exploration and productions operations in nine other contract areas onshore and offshore Indonesia.

And in a classic case of political "spin-doctoring," both Kodak and Fuji saw today's announcement from the U.S. Trade Representative's office that it's delaying presentation of evidence in its case against Japan's Fuji Photo Film. According to an article in today's Wall Street Journal, the delay is intended to allow the trade office to present evidence not only against major Japanese retailers but also against small and mid-sized retailers. The trade agency will request a special meeting of the World Trade Organization in the first week of October to approve the change. If you're Kodak this is good news and if you're Fuji this is good news? Sounds like economics as usual to me.

Another round of order changes for the current Dow stocks (the ones you'd buy now if starting new or updating an existing portfolio). AT&T dropped to #11 on the high yield list, letting International Paper back in the top ten. The difference between AT&T's, Merck's, and Int'l Paper's yields is virtually non-existent, so expect frequent changes among these three in the near future.

Have a Foolish weekend!

Transmitted: 9/20/96


Today's Dow Numbers 
      THE FOOLISH FOUR MODEL (9/20/96)  

          Day   Week  Quarter  Year  History
Fool-4   0.12%  0.12%  5.02%  18.73%  18.73%
DJIA     0.35%  0.86%  4.14%  15.07%  15.07%
S&P 500  0.59%  0.95%  2.44%  11.54%  11.54%
NASDAQ   0.63%  2.61%  2.93%  15.92%  15.92%


Bought  #    Stock     In At   Now   Change

1/2/96  142  DuPont    69.88  86.50  23.79%
1/2/96  380  Chevron   52.38  62.25  18.85%
1/2/96  148  E. Kodak  67.00  75.13  12.13%
1/2/96  149  3M        63.76  70.00   9.79%
7/16/96  14  Imation   26.16  25.38  -2.99%

Bought  #    Stock          Cost       Value      Change

1/2/96  142  DuPont      $9,922.25  $12,283.00  $2,360.75    
1/2/96  380  Chevron    $19,902.50  $23,655.00  $3,752.50    
1/2/96  148  E. Kodak    $9,916.00  $11,118.50  $1,202.50    
1/2/96  149  3M          $9,500.09  $10,430.00    $929.91   
7/16/96  14  Imation       $366.21     $355.25    $(10.96)  

      CASH      $1,524.50      
      TOTAL    $59,366.25      



Transmitted: 9/20/96

      
      

      
      

       

<% end if end function %>
  home  | news  | specials  | strategies  | personal finance  | school  | help  

<% if request.querystring("source") = "yhoolnk" then referer = Request.ServerVariables("HTTP_REFERER") if referer = "" then referer = "http://finance.yahoo.com/" response.write "

<< Back to Yahoo!

" end if %> <% function YahooWelcome if gsCookieUsername = "" and request.querystring("source") = "yhoolnk" then %>

Welcome, Fool!
Be a Fool and get free, unlimited access to our site.

What we offer:
 • Take a tour
 • Daily News
 • Talk Stocks

© Copyright 1995-2000, The Motley Fool. All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool. The Motley Fool is a registered trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us