Saturday, August 31, 2013

Cincinnati, OH Area Corps Stock Prices Up 131% Since President Obama Took Office

From a review of SEC filings, I found 22 Corps headquartered in US House Speaker John Boehner's Cincinnati, OH Area which generated Core, Ongoing Pretax Income or Pretax Loss of at least $10 mil each in any of the first three years of the Obama Administration (2009, 2010 or 2011), and which also had their common stock trading on both January 16, 2009, which is the last day stocks traded before President Obama took office, and also yesterday, August 30, 2013.  

These 22 Cincinnati Area Corps had their average stock prices increase by 131% from January 16, 2009 to August 30, 2013.  In comparison, the comparable increases were a substantially higher 191% in the Cleveland Area and a much higher 187% in the Columbus Area.

Below here are the common stock market closing prices of each of these 22 Cincinnati, OH Corps at both the most recent date (August 30, 2013) and also at the date just before President Obama took office in his first term (Jan 16, 2009), as well as the percentage stock market price changes for this period of time:



Market Market Percentage

Ohio Price Price Increase

HQs 8-30-13 1-16-09 (Decrease)
Cincinnati, OH Area Corps








E.W. Scripps Cincinnati $15.21 $2.01 657%
CECO Environmental Cincinnati $13.32 $2.51 431%
Macy's Cincinnati $44.43 $9.76 355%
Fifth Third Bancorp Cincinnati $18.29 $5.43 237%
Scripps Networks Interactive Cincinnati $73.53 $22.54 226%
Multi Color Corp Batavia $31.33 $12.34 154%
Convergys Cincinnati $17.63 $7.24 144%
American Financial Group Cincinnati $51.53 $21.19 143%
Cincinnati Bell Cincinnati $2.99 $1.40 114%
Cintas Cincinnati $47.76 $24.04 99%
Omnicare Cincinnati $54.37 $27.97 94%
Chemed Cincinnati $69.64 $38.09 83%
Cincinnati Financial Fairfield $45.68 $25.57 79%
First Financial Bancorp Cincinnati $15.00 $9.22 63%
Kroger Cincinnati $36.60 $24.97 47%
Procter & Gamble Cincinnati $77.89 $57.73 35%
LSI Industries Cincinnati $6.74 $6.02 12%
Meridian Bioscience Cincinnati $22.49 $21.23 6%
Frischs Restaurants Cincinnati $19.51 $18.58 5%
LCA Vision Cincinnati $3.72 $4.23 -12%
Chiquita Brands Cincinnati $12.33 $14.27 -14%
AK Steel Holding West Chester $3.36 $9.63 -65%





Average Increase: all 22 Cincinnati, OH Area Corps


131%