Tuesday, May 13, 2014

Ohio Company Average Stock Market Prices Up 585% Under Obama, a Democratic US Senate and a Quantitative Easing US Fed, After Being Down 59% During Financial Meltdown

I found 103 Ohio Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total Market Capitalizations of at least $100 mil and which also had their common stocks trading on each of the following three dates

  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date May 13, 2014.
I also included an Ohio Company which had its common stock first start trading very early in 2008.  And I also included an Ohio Company which was sold in 2014.  That makes it 105 Ohio Companies.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 105 Ohio Companies had their average stock market prices decline by a massive 59% 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 in the slightly more than five years since March 6, 2009, the average stock market prices of these same 105 Ohio Companies have increased by a phenomenal 585% through May 13, 2014, led mainly by Dana Holding's stock market price increasing 92 times and Air Transport Services Group's stock price increasing 40 times, both in the most recent roughly 5 years.

Altogether, 6 of these 105 Ohio Companies had their stock market prices increase by more than 24 times in roughly the most recent 5 years.  And 14 of these 105 Ohio Companies has their stock market prices increase by more than 10 times over the same period of time.

Incredibly, all 105 Ohio Companies had stock market price increases over the most recent roughly 5 years.

In similar fashion, the US unemployment rate doubled from 5.0% in December 2007 to 10.0% in October 2009, early in President Obama's first term which was the very lowest point for the US Labor Market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

And then with the US economic stimulating actions of the Obama Administration, supported by a Democratically controlled US Senate, taking full effect, coupled with the Quantitative Easing by the US Fed, the US unemployment rate declined sharply from 10.0% in October 2009 to 6.3% in the most recently reported April 2014.

In like manner, Ohio's unemployment rate increased sharply, going from 5.7% in December 2007 to 10.6% in October 2009. And then with the US economic stimulating actions of the Obama Administration, supported by a Democratically controlled US Senate, going full throttle, coupled with the Quantitative Easing by the US Fed, the Ohio State unemployment rate declined dramatically, going from 10.6% in October 2009 to 5.7% in the most recently reported April 2014.

Below here are the stock market prices of each of these 105 Ohio Companies on May 13, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:




Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
Ohio Company HQs
5-13-14 3-6-09 12-31-07 5-13-14 3-6-09



$s $s $s

Dana Holding Maumee OH       21.48      0.23    12.70 9239% -98%
Air Transport Services Group Wilmington OH         9.18      0.22      4.18 4073% -95%
PolyOne Corp Avon Lake OH       38.90      1.39      6.58 2699% -79%
Park-Ohio Holdings Cleveland OH       53.66      1.99    25.10 2596% -92%
Libbey Inc Toledo OH       25.76      0.96    15.84 2583% -94%
EW Scripps Cincinnati OH       19.94      0.79    31.19 2424% -97%
Commercial Vehicle Group New Albany OH         9.58      0.47    14.50 1938% -97%
Fifth Third Bancorp Cincinnati OH       20.80      1.29    25.13 1512% -95%
Shilo Industries Valley City OH       19.22      1.37      9.85 1303% -86%
Ferro Corp Mayfield Heights OH       12.81      0.97    20.73 1221% -95%
Chart Industries Garfield Heights OH       72.81      5.57    30.90 1207% -82%
AtriCure West Chester OH       16.24      1.25    13.11 1199% -90%
DDR Corp Beachwood OH       17.17      1.52    38.29 1030% -96%
Nacco Industries Cleveland OH       53.03      4.78    31.76 1011% -85%
OMNOVA Solutions Fairlawn OH         8.90      0.82      4.41 985% -81%
DSW Inc Columbus OH       34.72      3.47      9.38 902% -63%
Glimcher Realty Trust Columbus OH       10.50      1.08    14.29 872% -92%
Core Molding Technologies Columbus OH       12.18      1.28      7.06 852% -82%
L Brands Columbus OH       57.54      6.26    18.93 819% -67%
Huntington Bancshares Columbus OH         9.37      1.02    14.76 819% -93%
Rex American Resources Dayton OH       60.48      6.86    15.77 782% -56%
Cedar Fair LP Sandusky OH       50.40      6.00    21.13 740% -72%
Macy's Cincinnati OH       57.84      6.94    25.87 733% -73%
Cooper Tire & Rubber Findlay OH       28.39      3.44    16.58 725% -79%
Owens Corning Toledo OH       40.22      5.33    20.22 655% -74%
CECO Environmental Cincinnati OH       13.41      1.86    10.98 621% -83%
Nordson Westlake OH       75.45    10.62    28.98 611% -63%
Goodyear Tire & Rubber Akron OH       24.73      3.51    28.22 605% -88%
United Community Financial Youngstown OH         3.33      0.48      5.37 594% -91%
First Defiance Financial Defiance OH       28.03      4.24    22.02 561% -81%
Myers Industries Akron OH       21.18      3.35    14.47 532% -77%
Timken Canton OH       63.33    10.04    32.85 531% -69%
SIFCO Industries Cleveland OH       31.30      5.10    16.80 514% -70%
TransDigm Group Cleveland OH      183.73    30.94    45.17 494% -32%
Stoneridge Warren OH       10.12      1.79      8.04 465% -78%
Rocky Brands Nelsonville OH       15.58      2.80      6.13 456% -54%
Worthington Industries Columbus OH       38.69      7.27    17.88 432% -59%
Mettler-Toledo Columbus OH      240.92    47.40  113.80 408% -58%
Pacer Intl Dublin OH         8.90      1.76    14.60 406% -88%
Lincoln Electric Holdings Cleveland OH       67.34    13.66    35.59 393% -62%
Eaton Corp PLC Cleveland OH       73.20    15.56    48.48 371% -68%
Forest City Enterprises Cleveland OH       18.84      4.02    44.44 369% -91%
Sherwin-Williams Cleveland OH      200.26    42.98    58.04 366% -26%
RPM Intl Medinah OH       42.60      9.24    20.30 361% -54%
American Financial Group Cincinnati OH       58.93    13.13    28.88 349% -55%
M/I Homes Columbus OH       22.70      5.09    10.50 346% -52%
Parker-Hannifin Cleveland  OH       126.04    28.63    75.31 340% -62%
The Andersons Maumee OH       49.86    11.55    44.80 332% -74%
Cardinal Health Dublin OH       66.16    15.37    29.77 330% -48%
Travel Centers of America Westlake OH         7.67      1.82    12.50 321% -85%
Convergys Cincinnati OH       22.60      5.70    16.46 296% -65%
Diamond Hill Investment Group Columbus OH      123.40    31.78    73.10 288% -57%
LCA-Vision Cincinnati OH         7.42      2.07    19.97 258% -90%
RG Barry Corp Pickerington OH       18.87      5.58      7.05 238% -21%
Owens-Illinois Perrysburg OH       33.35    10.13    49.50 229% -80%
Cintas Cincinnati OH       60.60    18.46    33.62 228% -45%
Peoples Bancorp Marietta OH       25.32      7.73    24.89 228% -69%
Associated Estates Realty Richmond Heights OH       17.30      5.35      9.44 223% -43%
Gorman-Rupp Mansfield OH       31.91      9.88    19.97 223% -51%
Applied Industrial Technologies Cleveland OH       47.54    14.97    29.02 218% -48%
JM Smucker Orrville OH      100.40    35.01    51.44 187% -32%
Bob Evans Farms Columbus OH       47.56    16.86    26.93 182% -37%
A. Schulman Fairlawn OH       35.38    12.56    21.55 182% -42%
First Financial Bancorp Cincinnati OH       15.91      5.66    11.40 181% -50%
Materion Mayfield Heights OH       34.09    12.16    37.02 180% -67%
Multi-Color Corp Batavia OH       34.07    12.18    27.47 180% -56%
Cincinnati Financial Fairfield OH       49.27    18.57    39.54 165% -53%
Omnicare Cincinnati OH       61.67    23.35    22.81 164% 2%
Steris Mentor OH       53.87    20.61    28.84 161% -29%
Navidea Biopharmaceuticals Dublin OH         1.38      0.53      0.29 160% 83%
KeyCorp Cleveland OH       13.81      5.36    23.45 158% -77%
Teradata Dayton OH       40.78    16.01    27.41 155% -42%
Chemed Cincinnati OH       87.85    35.30    55.88 149% -37%
Athersys Cleveland OH         1.44      0.58      4.91 148% -88%
Progressive Mayfield Village OH       25.03    10.32    19.16 143% -46%
Scotts Miracle-Gro Marysville OH       61.52    25.83    37.42 138% -31%
Kroger Cincinnati OH       46.59    19.85    26.71 135% -26%
Health Care REIT Toledo OH       64.00    27.27    44.69 135% -39%
Cincinnati Bell Cincinnati OH         3.85      1.65      4.75 133% -65%
LSI Industries Cincinnati  OH          7.71      3.32    18.20 132% -82%
Big Lots Columbus OH       39.73    17.51    15.99 127% 10%
Lancaster Colony Columbus OH       89.22    39.63    39.70 125% 0%
Abercrombie & Fitch New Albany OH       38.64    17.49    79.97 121% -78%
LNB Bancorp Lorraine OH       10.99      4.99    14.65 120% -66%
Olympic Steel Bedford Heights OH       24.19    11.21    31.71 116% -65%
Greif Delaware OH       55.59    26.54    65.37 109% -59%
OM Group Cleveland OH       29.72    14.35    57.54 107% -75%
GrafTech Intl Parma  OH        10.80      5.25    17.75 106% -70%
Wendy's Dublin OH         8.43      4.10      8.73 106% -53%
National Interstate Richfield OH       28.84    14.34    33.10 101% -57%
Preformed Line Products Mayfield Village  OH        54.42    28.26    59.97 93% -53%
Farmers National Banc Canfield OH         7.66      3.99      7.70 92% -48%
Diebold North Canton OH       37.68    19.92    28.98 89% -31%
Procter & Gamble Cincinnati OH       81.61    45.71    73.42 79% -38%
Park National Newark OH       74.00    42.15    64.50 76% -35%
FirstMerit Akron OH       19.81    12.82    19.86 55% -35%
State Auto Financial  Columbus OH       21.92    15.12    26.30 45% -43%
Cliffs Natural Resources Cleveland OH       17.66    13.00    25.20 36% -48%
Farmers and Merchants Bancorp Archbold OH       24.25    18.75    20.25 29% -7%
CBIZ Inc Cleveland OH         8.53      6.61      9.81 29% -33%
Frisch's Restaurants Cincinnati OH       23.70    19.50    23.40 22% -17%
TFS Financial Cleveland OH       13.54    11.30    11.94 20% -5%
Invacare Elyria OH       17.04    14.96    25.20 14% -41%
AK Steel Holding West Chester OH         6.91      6.09    46.24 13% -87%
Meridian Bioscience Cincinnati OH       20.13    17.86    30.08 13% -41%








Average % Change all 105




585% -59%



Posted by at