The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 5 US Conglomerate Companies had their average stock prices drop by a massive 64% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But since March 6, 2009, the average stock prices of these same 5 US Conglomerate Companies have increased by a very robust 515% through January 29, 2014, led by Nacco Industries's 1,127% stock price appreciation.
Clearly, the investors in and employees of these 5 US Conglomerate Companies must be pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.
Below here are the market prices of each of these 5 US Conglomerate Companies on January 29, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 29, 2014:
| Market | Market | ||||||
| Price | Price | ||||||
| % | % | ||||||
| Change | Change | ||||||
| Market | Market | Market | 3-6-09 | 12-31-07 | |||
| Price | Price | Price | to | to | |||
| Conglomerates | 1-29-14 | 3-6-09 | 12-31-07 | 1-29-14 | 3-6-09 | ||
| Nacco Industries | 58.60 | 4.78 | 31.76 | 1127% | -85% | ||
| Lydall Inc | 17.26 | 2.04 | 10.52 | 746% | -81% | ||
| Icahn Enterprises LP | 110.00 | 21.97 | 129.72 | 401% | -83% | ||
| 3M | 130.25 | 41.83 | 84.32 | 211% | -50% | ||
| Harbinger Group | 11.09 | 5.81 | 7.32 | 91% | -21% | ||
| Average % Change all 5 | 515% | -64% |
