Saturday, August 31, 2013

Toledo, OH Area Corps Stock Prices Up 867% Since President Obama Took Office

From a review of SEC filings, I found 6 Corps headquartered in the Toledo, 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 6 Toledo Area Corps had their average stock prices increase by an almost unbelievable 867% from January 16, 2009 to August 30, 2013.  This could well be the highest average stock market increase for any city's metro area in the country with at least five companies having sufficient earnings.

Toledo residents have to be exceptionally pleased not just with the Obama Administration, but also primarily with US House of Representatives member Marcy Kaptur and US Senator Sherrod Brown for their tireless and successful efforts on behalf of Toledo area businesses and Toledo area residents.

Below here are the common stock market closing prices of each of these 6 Toledo, 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)
Toledo, OH Area Corps

Dana Holding Maumee $20.96 $0.69 2938%
Libbey Toledo $23.72 $1.30 1725%
Andersons Maumee $65.66 $15.56 322%
Owens Corning Toledo $37.44 $16.17 132%
Health Care REIT Toledo $61.44 $39.34 56%
Owens-Illinois Perrysburg $28.39 $21.35 33%

Average Increase: all 6 Toledo, OH Area Corps