Sunday, September 30, 2012

California Largest Technology Corps Audited Net Income in 2011 Under Obama Up $80 Bil, or Up 346%, Over 2008 Under Bush

From an extensive review of SEC filings, I found 70 Corps headquartered in California with externally audited under US Generally Accepted Accounting Principles (US GAAP) After-tax Net Income or Net Loss of at least $500 mil in any of the most recent five fiscal years.

Of these 70 California Corps, 37 of them are Technology Corps.

These 37 Largest California Technology Corps filing with the SEC generated Audited US GAAP Total After-tax Net Income from Continuing Operations of $103 bil in the most recent fiscal year 2011, which was a profit improvement of a massive $80 bil, or up 346%, over the Total After-tax Net Income of $23 bil generated by these same 37 technology companies just three years earlier in 2008, the last year of the Bush/Cheney Administration.

And to illustrate just how widespread this earnings improvement during the Obama Administration is in the California Technology Sector, 34 of these 37 California Largest Technology Corps had 2011 earnings increases from that of three years ago, at the end of the Bush/Cheney Presidential term.

Further, to illustrate how awesomely powerful the total earnings growth was in the California Technology Sector during the Obama Administration, these 37 Largest California Technology Corps had their Audited US GAAP Total After-tax Net Income increase by $30 bil, or by 129%, in 2009 over 2008; by another $28 bil, or by 52% in 2010 over 2009; and by another $23 bil, or by 28%, in 2011 over 2010.  Whew!

So if the question to be answered is whether, in the aggregate, these 37 Largest California Technology Corps are better off now than they were in the last year of the Bush/Cheney Administration, the answer is clearly yes, and by $80 bil better, or by nearly three and a half times better, as earnings performance is measured by the prestigious US Accounting Profession.

And the 33 Largest California Non-Technology Corps filing with the SEC generated Audited US GAAP Total After-tax Net Income from Continuing Operations of $79 bil in the most recent fiscal year 2011, which was a profit improvement of $30 bil, or up a robust 61%, over the Total After-tax Net Income of $49 bil generated by these same 33 Largest California Non-Technology companies just three years earlier in 2008, the last year of the Bush/Cheney Administration.

The two California Big Oil Corps......Chevron and Occidental Petroleum....comprised a massive 64% of the Total Earnings of these 33 Largest California Non-Technology Corps in 2008, the last year of the Bush/Cheney Administration.

But during the most recent three years of the Obama Administration, the California Finance and Other Sectors experienced huge total earnings growth.

The 13 Largest Non-Technology California Corps in the Finance Sector had their Total After-tax Net Income increase from only $4.6 bil in 2008 to $25.8 bil in 2011, an increase of a massive 455%.  The clear leader here was the very well run Wells Fargo, which had its After-tax Earnings increase from only $2.7 bil in 2008 to $16.2 bil in the most recent 2011.

So, clearly it wasn't just the California Technology Sector, but also particularly the California Finance Sector, and even many California Corps in Other Sectors, which have had spectacular total earnings growth during the Obama Administration. 

The only negative here is that this total earnings growth has decelerated, particularly so in 2012.  It's all about the November 2010 Tea Party Election, which must be reversed all over the country in November 2012, in order to re-accelerate this total earnings growth, which is so critically needed to spur the country's present tepid real GDP growth and also needed to spur the presently modest US job creation.

President Obama can't do it alone.  He needs a US Congress that will work with him.  And even blue States like California can help here, not just by voting in more California US Congressional Democrats, but also by contributing to and helping in campaigns all across the country to remove from office the many Uncompromising, Very Conservative Republican members in key US Congressional races like Joe Walsh in Illinois, Michele Bachmann in Minnesota, Allen West in Florida, Steve King in Iowa, and Larry Bucshon in Indiana.....just to name a few.  These Republicans, strongly supported by the Tea Party, have good intentions, but they are severely harming the country's economy.

Below here is the Audited under US GAAP After-tax Net Income or Net Loss for each of these 37 Largest California Technology Corps and 33 Largest California Non-Technology Corps for each of the most recent five fiscal years.  The majority of these 70 California Corporations have a December Fiscal Year End (FYE).




FYE FYE FYE FYE FYE


2011 2010 2009 2008 2007


Reported Reported Reported Reported Reported


Audited Audited Audited Audited Audited


After-Tax After-Tax After-Tax After-Tax After-Tax


Net Income Net Income Net Income Net Income Net Income

California (Loss) (Loss) (Loss) (Loss) (Loss)

HQs mil $s mil $s mil $s mil $s mil $s
California Technology Corps
Apple Cupertino 25,922 14,013 8,235 6,119 3,495
Intel Santa Clara 12,942 11,464 4,369 5,292 6,976
Oracle Redwood City 9,981 8,547 6,135 5,593 5,521
Google Mountain View 9,737 8,505 6,520 4,227 4,204
Cisco Systems San Jose 8,041 6,490 7,767 6,134 8,052
Hewlett Packard Palo Alto 7,074 8,761 7,660 8,329 7,264
Qualcomm San Diego 4,555 3,520 1,792 3,347 3,447
Ebay San Jose 3,229 1,801 2,389 1,779 348
Seagate Technology Cupertino 2,862 511 1,609 (3,125) 1,251
Applied Materials Santa Clara 1,926 938 (305) 961 1,710
Western Digital Irvine 1,612 726 1,382 470 867
Symantec Mountain View 1,172 593 714 (6,786) 410
Activision Blizzard Santa Monica 1,085 418 113 (107) 227
Yahoo! Sunnyvale 1,063 1,245 605 425 642
Agilent Technologies Santa Clara 1,012 684 (31) 693 638
Facebook Menlo Park 1,000 606 229 (56) (138)
Sandisk Milpitas 987 1,300 415 (1,987) 191
Broadcom Irvine 927 1,082 65 215 213
Adobe Systems San Jose 833 775 387 872 724
Altera San Jose 771 783 251 360 290
Intuit Mountain View 767 652 564 459 457
KLA Tencor Milpitas 756 794 212 (523) 359
VMWare Palo Alto 724 357 197 290 218
Marvell Technology Group Santa Clara 615 904 353 147 (114)
NetApp Sunnyvale 605 673 400 65 310
NVIDIA Santa Clara 581 253 (68) (30) 798
Check Point Software Redwood City 544 453 358 324 281
Xilinx San Jose 530 642 357 362 369
Flextronics International Silicon Valley 511 606 25 (6,123) (664)
Advanced Micro Devices Sunnyvale 495 471 296 (2,412) (2,808)
Juniper Networks Sunnyvale 425 619 115 512 361
Linear Technology Milpitas 398 581 361 289 367
Lam Research Fremont 169 724 347 (302) 439
Electronic Arts Redwood City 76 (276) (677) (1,088) (454)
Sanmina-SCI San Jose 69 122 (138) (513) (1,143)
JDS Uniphase Milpitas (56) 72 (62) (910) (40)
SunPower San Jose (604) 167 33 (124) 28







Total all 37 Technology Corps 103,336 80,576 52,974 23,178 45,096






Annual Increase (Decrease)





…..Amount
22,760 27,602 29,796 (21,918)
…..Percentage
28% 52% 129% -49%







Three Year Increase (2008-2011) Under Obama




…..Amount
80,158



…..Percentage
346%



















FYE FYE FYE FYE FYE


2011 2010 2009 2008 2007


Reported Reported Reported Reported Reported


Audited Audited Audited Audited Audited


After-Tax After-Tax After-Tax After-Tax After-Tax


Net Income Net Income Net Income Net Income Net Income

California (Loss) (Loss) (Loss) (Loss) (Loss)

HQs mil $s mil $s mil $s mil $s mil $s
California Non-Technology Corps
Big Oil





Chevron San Ramon 27,008 19,136 10,563 24,031 18,795
Occidental Petroleum Los Angeles 6,640 4,569 3,151 7,183 5,072
Total 2 Big Oil Corps
33,648 23,705 13,714 31,214 23,867







Finance Including REITs





Wells Fargo San Francisco 16,211 12,663 12,667 2,698 8,265
Visa San Francisco 3,646 2,964 2,352 804 (1,071)
Franklin Resources San Mateo 1,821 1,451 904 1,600 1,773
Toyota Motor Credit Torrance 1,486 1,853 1,063 (623) (223)
Charles Schwab San Francisco 864 454 787 1,230 1,120
Public Storage Glendale 834 689 797 980 489
UnionBanCal San Francisco 763 554 (65) 284 573
HCP Long Beach 550 321 103 228 131
KKR Financial Holdings San Francisco 318 371 77 (1,078) 217
CBRE Group Los Angeles 240 142 (28) (1,076) 400
PacWest Bancorp Rancho Santa Fe 51 (62) (9) (728) 90
Prologis San Francisco (244) (1,589) (355) (367) 841
International Lease Finance Corp Los Angeles (724) (496) 887 696 597
Total all 13 Finance Corps
25,816 19,315 19,180 4,648 13,202







Other Sectors





Walt Disney Burbank 5,258 4,313 3,609 4,729 4,851
Amgen Thousand Oaks 3,683 4,627 4,605 4,052 3,078
Gilead Sciences Foster City 2,789 2,890 2,626 1,970 1,576
DIRECTV El Segundo 2,636 2,312 1,007 1,607 1,445
McKesson San Francisco 1,403 1,130 1,263 823 989
Allergan Irvine 938 5 624 565 487
GAP San Francisco 833 1,204 1,102 967 867
Mattel El Segundo 769 685 529 380 600
Ross Stores Pleasanton 657 555 443 305 261
Clorox Oakland 543 287 526 472 382
Safeway Pleasanton 518 591 (1,098) 965 888
Avery Dennison Pasadena 154 242 (835) 153 172
McClatchy Sacramento 54 33 57 3 (2,727)
Century Aluminum Monterey 11 60 (206) (895) (106)
Standard Pacific Irvine (16) (12) (13) (1,231) (695)
Shea Homes Limited Partnership Walnut (107) (55) (423) (610) (556)
KB Home Los Angeles (179) (69) (102) (976) (1,415)
Leap Wireless San Diego (318) (785) (238) (143) (76)
Total all 18 Corps in Other Sectors 19,626 18,013 13,476 13,136 10,021







Total all 33 Non-Technology Corps 79,090 61,033 46,370 48,998 47,090







Annual Increase (Decrease)





…..Amount
18,057 14,663 (2,628) 1,908
…..Percentage
30% 32% -5% 4%







Three Year Increase (2008-2011) Under Obama




…..Amount
30,092



…..Percentage
61%





Saturday, September 29, 2012

Arizona Audited Corporate Net Income $11 Bil in 2011 Under Obama, Up $24 Bil Over Net Loss $13 Bil in 2008 Under Bush

From an extensive review of SEC filings, I found 40 Corps headquartered in Arizona with Ongoing, Core Pretax Income or Pretax Loss of at least $10 mil in any of the most recent three fiscal years.

These 40 Largest Arizona Corps filing with the SEC had Audited under US Generally Accepted Accounting Principles (US GAAP) Total After-tax Net Income from Continuing Operations of $11,068 mil in the most recent fiscal year 2011, which was a profit improvement of a massive $24,329 mil as compared with the Total After-tax Net Loss of $13,261 mil generated by these same 40 companies just three years earlier in 2008, the last year of the Bush/Cheney Administration.

So if the question to be answered is whether, in the aggregate, these 40 Largest Arizona Corps are better off now than they were in the last year of the Bush/Cheney Administration, the answer is clearly yes, and by $24.3 bil better, as earnings performance is measured by the prestigious US Accounting Profession.

But a second salient story here relates to these 40 Arizona companies total earnings growth by year.

These 40 Arizona Corps generated Total After-tax Net Income of $8.8 bil in 2007.  Then the Great Recession hit all throughout the US, and in Arizona's case, with the widespread devastating housing crisis, I think it was probably close to a Depression there.  These 40 Arizona companies had their Total Profits of $8.8 bil in 2007 more than completely wiped out in 2008, with a Total After-tax Net Loss of these 40 Arizona Corps of $13.3 bil in 2008.  Yeah, that's a total profit decline of $22.1 bil in just one year.....2008.  And 19 of these 40 Arizona Corps experienced After-tax Net Losses in 2008. 

Enter President Obama, and the US House under Democratic Control in both 2009 and 2010.

With much help from the Obama Economic Stimulus, which started kicking in the latter part of 2009, these 40 Arizona Corps saw their Total After-tax Net Income jump by a massive $19.5 bil in just 2009.  Further, these 40 Arizona Corps experienced a Total After-tax Net Income increase of another $5.0 bil in 2010 over 2009.

Thus, for 2009 and 2010 combined, these 40 Arizona Corps saw their Total After-tax Net Income jump by $24.5 bil, more than wiping out the $22.1 bil profit reduction in 2008, the year of the financial meltdown.  Whew!

And yes, this Total After-tax Net Income of $11.2 bil in 2010 even exceeded by 27% the previous high pre-Great Recession/Near Depression Pretax Profits of these same 40 Arizona Companies of $8.8 bil generated in 2007.  Now that is what I call a quick and massive profit recovery.

Enter the Tea Party election in November 2010, with Uncompromising, Very Conservative Republicans, led by people like Eric Cantor and Tea Party favorite Arizona's Jeff Flake, taking control of the US House.  The end result was that these 40 Arizona Corps experienced an After-tax Net Income decline of 1% in 2011 as compared with 2010.  And this earnings decline was even much more pronounced in the first half of 2012.

This is why it is so critical to anyone who views the US economy as the key issue in this US election, to not only reelect Democratic Moderate Barack Obama as President, but to also vote to make sure that Democratic Moderates regain control of the US House, and that Democratic Moderates maintain their control of the US Senate.  Then much needed wisely-designed, directly-targeted, sustainable job-creating Economic Stimulus will quickly pass, including desperately needed Business Income Tax Reform, and this time the economic benefits will be more fairly shared among all of the country, not just the very wealthy and the Largest and somewhat Large Corporations.

So, why is it that there was a total earnings decline in both 2011 and in the first half of 2012 in Arizona, and in many other US States all over the country, when the US House was under Very Conservative Republican control, while there was a very robust total earnings growth in many of these same US States in both 2009 and in 2010, when the US House was under Democratic control?

Well, this Very Conservative Republican US House is only interested in two economic issues period.....extreme austerity and a no-job-creation-strings-attached top income tax rate cut for the very wealthy.....and they have absolutely no interest in compromise.  Thus, nearly every wisely-designed, much-needed Obama Administration economic initiative in 2011 and 2012 has been stopped by this US House, and also stopped by filibustering by US Senate Republicans.

And the losers here were not just the unemployed, the underemployed, the dwindling middle class, and the people trying to get into the middle class.  US Businesses were also big losers, by having their strong earnings growth in both 2009 and 2010 substantially decelerate in both 2011 and in the first half of 2012.

Arizona has been blessed to have two excellent Republican US Senators.....John McCain and Jon Kyl.  Kyl is retiring, and Tea Party favorite Jeff Flake is running for his spot.  I think there is a huge gap in competence between Kyl and Flake.  Flake's opponent is a very accomplished, extremely bright Democratic Moderate, former US Surgeon General Richard Carmona.  I think it would be in Arizona's best interests to elect Carmona.  And that would give them two extremely talented, very influential Senators and on both sides of the aisle.  Now that is something all Arizona citizens could be proud of and really benefit from.   

Below here is the Audited under US GAAP After-tax Net Income or Net Loss for each of these 40 Largest Arizona Corps for each of the most recent five fiscal years.  The overwhelming majority of these Arizona Corporations have a December Fiscal Year End (FYE).



FYE FYE FYE FYE FYE


2011 2010 2009 2008 2007


Reported Reported Reported Reported Reported


Audited Audited Audited Audited Audited


After-Tax After-Tax After-Tax After-Tax After-Tax


Net Income Net Income Net Income Net Income Net Income


(Loss) (Loss) (Loss) (Loss) (Loss)

HQs mil $s mil $s mil $s mil $s mil $s
Arizona Corps
Freeport McMoran Phoenix 5,747 5,544 3,534 (10,450) 3,733
Southern Copper Phoenix 2,344 1,563 935 1,414 2,227
Republic Services Phoenix 589 508 497 74 290
Avnet Phoenix 567 669 410 (1,130) 490
Apollo Group Phoenix 533 537 610 487 413
Microchip Technology Chandler 337 429 217 246 297
Petsmart Phoenix 290 240 198 193 259
Medicis Pharmaceuticals Scottsdale 107 150 95 48 70
Insight Enterprises Tempe 100 75 31 (240) 65
Amkor Technology Chandler 93 232 156 (457) 222
Swift Transport Phoenix 91 (125) (436) (147) (127)
Drivetime Automotive Group Phoenix 88 71 52 0 72
JDA Software Scottsdale 83 2 28 0 25
US Airways Tempe 71 502 (205) (2,215) 423
Knight Transport Phoenix 61 59 51 56 63
Cole Credit Property Trust II Phoenix 54 30 22 25 4
Grand Canyon Education Phoenix 51 35 27 7 2
Cole Credit Property Trust III Phoenix 46 (7) (8) 0 0
Western Alliance Bancorp Phoenix 33 (4) (147) (230) 34
Mobile Mini Tempe 32 14 28 29 44
P F Chang China Bistro Scottsdale 30 47 45 37 41
Cavco Industries Phoenix 30 4 (4) 0 6
Universal Technical Institute Scottsdale 27 29 12 8 16
Amtech Systems Tempe 22 10 (2) 3 2
Providence Service Corp Tucson 17 24 21 (156) 14
ON Semiconductor Phoenix 15 293 63 (429) 205
Isola Group Chandler 10 1 (101) 36 4
Viad Corp Phoenix 9 1 (105) 44 43
HealthCare Trust of America Scottsdale 6 (8) (25) (28) (8)
Lifelock Tempe (4) (15) (59) (58) (35)
GameTech International Tempe (6) (20) (11) (11) 5
NutraCea Scottsdale (11) (16) (32) (65) (18)
Meritage Homes Scottsdale (21) 7 (66) (292) (289)
Ecotality Tempe (22) (16) (30) (8) (14)
RSC Holdings Scottsdale (30) (74) (59) 122 123
Limelight Networks Tempe (30) (22) 35 (63) (73)
IMH Financial Corp Scottsdale (35) (117) (74) (258) 46
First Solar Tempe (39) 664 640 348 158
Spirit Realty Capital Scottsdale (51) (64) (66) (91) (41)
AV Homes Scottsdale (166) (36) (29) (110) 21






Total all 40 Arizona Corps
11,068 11,216 6,248 (13,261) 8,812







Annual Increase (Decrease)


…..Amount
(148) 4,968 19,509 (22,073)
…..Percentage
-1% 80% 147% -250%







Three Year (2008-11) Increase Under Obama




…..Amount
24,329



…..Percentage
183%



Missouri Audited Corporate Net Income in 2011 Under Obama/McCaskill Up 55% Over 2008 Under Bush

From an extensive review of SEC filings, I found 71 Corps headquartered in Missouri with Ongoing, Core Pretax Income or Pretax Loss of at least $10 mil in any of the most recent three fiscal years, and which also disclosed earnings numbers for each of the most recent five years.

These 71 Largest Missouri Corps filing with the SEC had Audited under US Generally Accepted Accounting Principles (US GAAP) Total After-tax Net Income from Continuing Operations of $10,387 mil in the most recent fiscal year 2011, which was an increase of $3,666 mil, or up a robust 55% above the $6,721 mil earned by these same companies just three years earlier in 2008, the last year of the Bush/Cheney Administration.

This 55% earnings growth in the most recent three years is particularly noteworthy because these Missouri Corps have shown their earnings resiliency in downturns.  In the financial meltdown year of 2008, these 71 Missouri Corps only had their Total Earnings decline by 17% from 2007, a much lower earnings decline than so many of the other US States.  Missouri's four largest earnings generators.....Emerson Electric, Monsanto, Express Scripts and Peabody Energy.....had their total earnings actually increase by 52% from 2007 to the financial meltdown year of 2008.

So if the question to be answered is whether, in the aggregate, these 71 Missouri Largest Corps are better off now than they were in the last year of the Bush/Cheney Administration, the answer is clearly yes, and by 55% better, as earnings performance is measured by the prestigious US Accounting Profession.

But a second key story here is just what happened to the total earnings of these 71 Missouri Corps after the Obama Economic Stimulus totally kicked in on all cylinders during all of 2010.  The Total Audited under US GAAP After-tax Net Income in 2009 of these 71 Missouri Corps increased by a huge 66% in 2010, which was the year that the Obama Economic Stimulus was clearly going full throttle.
 
Those pundits who so frequently and noisily state that the Obama Economic Stimulus was worthless are clearly off target, particularly so as it relates to how it dramatically improved the profits of so many businesses, both large and small.

The third key story here is just how strong these Missouri Corps are.  After the Obama Economic Stimulus really took hold in 2010, the Total After-tax Earnings of these 71 Largest Missouri Corps was $11,144 mil, which was a substantial 38% higher than the pre-Great Recession Total Earnings high of these same companies in 2007 of $8,064 mil.

And the fourth key story here is how the earnings of these 71 Missouri Corps declined in both 2011 and in the first half of 2012, after the Tea Party election in November 2010.  The Republican controlled US House, led by people like Eric Cantor and Missouri's Todd Akin, stopped cold every attempt at economic stimulus by the Obama Administration.

Missouri citizens should be very thankful to the Obama Administration, and also to Democratic Moderate Senator Claire McCaskill, for their work in providing an economic environment which permitted these fine Missouri Corps to thrive.

Below here is the Audited under US GAAP After-tax Net Income or Net Loss for each of these 71 Largest Missouri Corps for each of the most recent five fiscal years.  The majority of these Missouri Corporations have a December Fiscal Year End (FYE).  Charter Communication's Earnings numbers below are before Income Taxes, and in 2009, also before Net Reorganization Gain.



FYE FYE FYE FYE FYE


2011 2010 2009 2008 2007


Reported Reported Reported Reported Reported


Audited Audited Audited Audited Audited


After-Tax After-Tax After-Tax After-Tax After-Tax


Net Income Net Income Net Income Net Income Net Income


(Loss) (Loss) (Loss) (Loss) (Loss)

HQs mil $s mil $s mil $s mil $s mil $s
Missouri Corps
Emerson Electric St Louis 2,454 1,978 1,715 2,446 2,087
Monsanto St Louis 1,657 1,111 2,105 2,027 925
Express Scripts St Louis 1,276 1,205 827 776 598
Peabody Energy St Louis 1,011 827 443 905 436
Reinsurance Group Chesterfield 600 574 407 188 308
O'Reilly Automotive Springfield 508 419 307 186 194
Jones Financial Cos St Louis 482 393 269 385 561
Sigma Aldrich St Louis 457 384 347 342 311
Amdocs Ltd Chesterfield 347 344 326 379 365
H&R Block Kansas City 346 393 455 453 389
Kansas City Southern Kansas City 332 180 68 182 152
Cerner Kansas City 307 237 193 189 127
Solutia St Louis 267 91 66 2 (277)
Energizer Holdings St Louis 261 403 298 329 321
Commerce Bancshares Kansas City 256 222 169 189 207
US Premium Beef LLC Kansas City 247 238 151 118 18
Olin Clayton 242 65 136 158 101
DST Systems Kansas City 178 318 242 243 875
Leggett & Platt Carthage 156 184 121 128 65
Jack Henry Monett 155 137 118 103 105
Arch Coal St Louis 142 158 42 354 175
Panera Bread St Louis 136 112 87 69 57
Ralcorp St Louis 126 76 142 152 23
Belden St Louis 115 69 (7) (317) 136
Centene St Louis 108 94 89 84 41
UMB Financial Kansas City 106 91 89 98 74
Entertainment Properties Trust Kansas City 103 117 35 127 98
Stifel Financial St Louis 84 2 76 56 32
Foresight Energy St Louis 82 50 14 44 (35)
Graybar Electric St Louis 81 42 37 87 83
Esco Technologies St Louis 53 45 49 48 31
FutureFuel Corp Clayton 35 23 17 23 8
Great Southern Bancorp Springfield 30 24 65 (4) 29
Viasystems Group St Louis 30 16 (55) (15) 8
Aegion Corp Chesterfield 27 61 30 24 13
Kansas City Life Insurance Kansas City 26 22 11 (17) 36
Enterprise Financial Clayton 25 6 (47) 8 16
Cass Information Systems Bridgeton 23 20 16 19 18
Pioneer Financial Services Kansas City 17 17 13 8 1
Young Innovations Earth City 16 15 13 12 13
LMI Aerospace St Charles 16 13 10 15 13
Perficient St Louis 11 6 1 10 16
Southern Missouri Bancorp Poplar Bluff 10 11 5 4 4
Brown Shoe St Louis 9 37 10 (135) 60
Pulaski Financial St Louis 8 3 5 3 9
Novation Companies Kansas City 7 986 (183) (683) (467)
Thermadyne Holdings Chesterfield 7 (9) 1 11 11
American Railcar Industries St Charles 4 (27) 15 31 37
Armstrong Energy St Louis 3 8 (10) (21) (14)
Zoltek Companies St Louis (4) (6) (4) 7 (2)
Katy Industries Bridgeton (9) (9) (6) (19) (14)
Centrue Financial St Louis (10) (66) (38) 6 11
Inergy LP Kansas City (11) 46 108 63 139
Bakers Footwear Group St Louis (11) (9) (9) (15) (18)
Huttig Building Products St Louis (13) (19) (20) (35) (8)
Pretium Packaging Chesterfield (16) (24) (5) (6) (9)
NASB Financial Grandview (16) 6 19 9 15
Isle of Capri Casinos St Louis (17) 4 5 15 (31)
Build a Bear Workshop St Louis (17) 0 (12) 5 23
Spartech Clayton (23) (50) 3 (172) 29
First Banks St Louis (32) (195) (377) (204) 105
Stereotaxis St Louis (32) (20) (27) (44) (48)
Reliance Bancshares Frontenac (34) (49) (29) 0 2
Furniture Brands Intl St Louis (44) (39) (109) (416) (51)
CPI Corp St Louis (57) 12 14 (7) 4
Charter Communications St Louis (70) 58 (2,072) (2,550) (1,318)
AMC Entertainment (Adjusted EBITDA per Co) Kansas City (82) (123) 77 (91) 42
KV Pharmaceuticals St Louis (98) (256) (284) (267) (46)
Patriot Coal St Louis (115) (48) 127 143 (102)
Post Holdings St Louis (361) 92 101 86 117
MEMC Electronic Materials St Peters (1,520) 48 (70) 390 830







Total all 71 Largest Missouri Corps 10,387 11,144 6,725 6,721 8,064







Annual Increase (Decrease)


…..Amount
(757) 4,419 4 (1,343)
…..Percentage
-7% 66% 0% -17%







Three Year (2008-11) Increase Under Obama/McCaskill



…..Amount
3,666



…..Percentage
55%