These 37 Largest Connecticut Corps filing with the SEC generated Total Ongoing, Core Pretax Income of a very impressive $46.8 bil in the most recent fiscal year 2011, which was up a very robust 95% over that of two years earlier in 2009.
Connecticut Corp 2011 Earnings
Since corporate earnings drive stock prices, in this post I turn my attention to just how well the stock market prices of these Connecticut Corps have performed since President Obama took office.
Of these 37 Connecticut Corps, 32 of them had their common stock trading on both January 16, 2009, which is the last day stocks traded before President Obama took office, and also on yesterday's date, Monday, October 15, 2012.
I retrieved all of the below stock market closing price information from the excellent Big Charts.com website.
These 32 Connecticut Corps, led by Priceline.com, had an average stock market price increase of a superb 141% since President Obama took office on January 20, 2009. This is more than double both the increase in the S&P 500 Index, which increased by 69%, and the increase in the Dow Industrials Index, which increased by 62%, both during the same time span.
Connecticut as well as all Northeastern USA citizens have to be extremely happy with the stock market performance of their many fine Connecticut companies during the Obama Administration.
And Connecticut as well as all Northeastern USA citizens also must be very pleased with how the Obama Administration worked so hard and very effectively on so many fronts to create a US economic environment that permitted these Connecticut companies to flat out flourish. This highly successful effort created a robust US economic environment which was quite a change from what existed in the just horrible financial meltdown, near Depression year of 2008.
When I think of the Obama Administration, the thought that comes top of mind to me is widespread competence, all throughout the upper ranks of the US government. But frankly, it's also pretty clear to me that the Obama Administration is just not very good at selling its many significant accomplishments, particularly on the economic front.
Below here are the common stock market closing prices of each of these 32 Connecticut Corps at both the most recent date, and also at the date just before President Obama took office, as well as the percentage stock market price changes for this period of time.
| Market | Market | Percentage | ||
| Connecticut | Price | Price | Increase | |
| HQs | 10-15-12 | 1-16-09 | (Decrease) | |
| S&P 500 Index | 1,440.13 | 850.12 | 69% | |
| Dow Industrials Index | 13,424.23 | 8,281.22 | 62% | |
| Connecticut Largest Corps | ||||
| Priceline.com | Norwalk | $601.02 | $71.13 | 745% |
| Alexion Pharmaceuticals | Cheshire | $111.42 | $18.75 | 494% |
| United Rentals | Greenwich | $33.44 | $6.41 | 422% |
| Hexcel | Stamford | $25.59 | $6.91 | 270% |
| Cigna | Bloomfield | $49.98 | $15.27 | 227% |
| Starwood Hotels & Resorts | Stamford | $56.58 | $17.34 | 226% |
| United Natural Foods | Dayville | $56.26 | $17.80 | 216% |
| Gartner | Stamford | $46.77 | $14.88 | 214% |
| Webster Financial | Farmington | $22.10 | $8.21 | 169% |
| Genesee & Wyoming | Greenwich | $70.66 | $26.80 | 164% |
| Hubbell | Shelton | $84.91 | $32.42 | 162% |
| Aircastle Ltd | Stamford | $11.10 | $4.72 | 135% |
| Crane | Stamford | $40.65 | $17.56 | 131% |
| Amphenol | Wallingford | $59.00 | $25.53 | 131% |
| Harman International Industries | Stamford | $43.08 | $18.65 | 131% |
| Factset Research Systems | Norwalk | $92.99 | $42.83 | 117% |
| Stanley Black & Decker | New Britain | $71.36 | $33.40 | 114% |
| Barnes Group | Bristol | $24.21 | $13.08 | 85% |
| Silgan Holdings | Stamford | $42.65 | $23.08 | 85% |
| Praxair | Danbury | $104.88 | $62.34 | 68% |
| General Electric | Fairfield | $22.64 | $13.96 | 62% |
| Aetna | Hartford | $43.92 | $27.49 | 60% |
| Hartford Financial Services | Hartford | $21.56 | $13.80 | 56% |
| Terex Corp | Westport | $22.67 | $14.97 | 51% |
| United Technologies | Hartford | $76.15 | $51.10 | 49% |
| Emcor Group | Norwalk | $28.49 | $20.94 | 36% |
| WR Berkley | Greenwich | $37.32 | $28.34 | 32% |
| Xerox | Norwalk | $7.16 | $7.69 | -7% |
| Interactive Brokers Group | Greenwich | $14.23 | $18.10 | -21% |
| People's United Financial | Bridgeport | $12.08 | $16.83 | -28% |
| Frontier Communications | Stamford | $4.81 | $7.81 | -38% |
| Pitney Bowes | Stamford | $13.43 | $25.06 | -46% |
| Average Increase: All 32 Largest Connecticut Corps | 141% | |||
| S&P 500 Index | 1,440.13 | 850.12 | 69% | |
| Dow Industrials Index | 13,424.23 | 8,281.22 | 62% |
