I found 57 Companies Headquartered in Connecticut in Google or Yahoo's superb Finance websites with current Total Stock 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.....before the 2008 financial meltdown
- 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 August 27, 2014
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 59 Connecticut Companies had their equally-company-weighted average stock market prices decline by a massive 55% 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 five years and six months since March 6, 2009 through August 27, 2014, the equally-company-weighted average stock market prices of these same 59 Connecticut Companies have increased by a spectacular 437%.
Thus in the six years and eight months from December 31, 2007 before the 2008 financial meltdown to the most recent date August 27 2014, the equally-company-weighted average stock market prices of these same 59 Connecticut Companies have increased by a very impressive 79%...... yeah, they have not just recouped what they lost with the 2008 financial meltdown, but also added another 79%.
Below here are the stock market prices of each of these 59 Connecticut Companies on August 27, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:
| Market | Market | Market | ||||||
| Price | Price | Price | ||||||
| % | % | % | ||||||
| Change | Change | Change | ||||||
| Market | Market | Market | 3-6-09 | 12-31-07 | 12-31-07 | |||
| Price | Price | Price | to | to | to | |||
| HQs | 8-27-14 | 3-6-09 | 12-31-07 | 8-27-14 | 3-6-09 | 8-27-14 | ||
| $s | $s | $s | ||||||
| OBAMA | ||||||||
| Connecticut Company | ||||||||
| United Rentals | Greenwich | CT | 117.64 | 3.16 | 18.36 | 3623% | -83% | 541% |
| priceline.com | Norwalk | CT | 1,260.77 | 83.59 | 114.86 | 1408% | -27% | 998% |
| Lydall Inc | Manchester | CT | 27.27 | 2.04 | 10.52 | 1237% | -81% | 159% |
| Harman Intl | Stamford | CT | 115.06 | 9.47 | 73.71 | 1115% | -87% | 56% |
| Photronics | Brookfield | CT | 8.97 | 0.74 | 12.47 | 1112% | -94% | -28% |
| XL Group plc | Stamford | CT | 34.16 | 2.95 | 50.31 | 1058% | -94% | -32% |
| The Phoenix Companies | Hartford | CT | 61.70 | 5.80 | 237.40 | 964% | -98% | -74% |
| Alexion Phramaceuticals | Cheshire | CT | 169.17 | 16.14 | 18.76 | 948% | -14% | 802% |
| Hartford Financial Services Group | Hartford | CT | 37.21 | 3.62 | 87.19 | 928% | -96% | -57% |
| Webster Financial | Waterbury | CT | 29.60 | 2.97 | 31.97 | 897% | -91% | -7% |
| Starwood Hotels & Resorts | Stamford | CT | 83.88 | 9.52 | 44.03 | 781% | -78% | 91% |
| Hexcel | Stamford | CT | 40.54 | 4.76 | 24.28 | 752% | -80% | 67% |
| Gartner | Stamford | CT | 74.14 | 8.94 | 17.56 | 729% | -49% | 322% |
| Achillion Pharmaceuticals | New Haven | CT | 11.45 | 1.48 | 4.99 | 674% | -70% | 129% |
| Cigna | Bloomfield | CT | 94.48 | 13.44 | 53.73 | 603% | -75% | 76% |
| Aircastle | Stamford | CT | 19.11 | 2.80 | 26.33 | 583% | -89% | -27% |
| Zygo | Middlefield | CT | 19.24 | 3.40 | 12.46 | 466% | -73% | 54% |
| Genesee & Wyoming | Darien | CT | 98.00 | 17.61 | 24.17 | 457% | -27% | 305% |
| Crane | Stamford | CT | 70.00 | 12.90 | 42.90 | 443% | -70% | 63% |
| Hubbell | Shelton | CT | 121.57 | 23.44 | 51.60 | 419% | -55% | 136% |
| RBC Bearings | Oxford | CT | 61.72 | 12.59 | 43.46 | 390% | -71% | 42% |
| Terex | Westport | CT | 37.33 | 7.63 | 65.57 | 389% | -88% | -43% |
| Sturm Ruger | Southport | CT | 49.25 | 10.32 | 8.28 | 377% | 25% | 495% |
| Amphenol | Wallington | CT | 103.51 | 23.71 | 46.37 | 337% | -49% | 123% |
| Barnes Group | Bristol | CT | 34.66 | 8.01 | 33.39 | 333% | -76% | 4% |
| Aetna | Hartford | CT | 81.11 | 20.22 | 57.73 | 301% | -65% | 40% |
| Kaman Corp | Bloomfield | CT | 40.94 | 10.29 | 36.81 | 298% | -72% | 11% |
| Independence Holding | Stamford | CT | 14.06 | 3.59 | 11.50 | 292% | -69% | 22% |
| Stanley Black & Decker | New Britain | CT | 90.72 | 23.56 | 48.48 | 285% | -51% | 87% |
| Rogers Corp | Rogers | CT | 60.11 | 16.04 | 43.37 | 275% | -63% | 39% |
| General Electric | Fairfield | CT | 26.13 | 7.06 | 37.07 | 270% | -81% | -30% |
| Ethan Allen Interiors | Danbury | CT | 25.27 | 7.10 | 28.50 | 256% | -75% | -11% |
| FactSet Research Systems | Norwalk | CT | 127.85 | 36.88 | 55.70 | 247% | -34% | 130% |
| Xerox | Norwalk | CT | 13.71 | 4.28 | 16.19 | 220% | -74% | -15% |
| SI Financial Group | Willimantic | CT | 11.05 | 3.54 | 9.84 | 212% | -64% | 12% |
| EMCOR Group | Norwalk | CT | 43.20 | 14.31 | 23.63 | 202% | -39% | 83% |
| Bolt Technology | Norwalk | CT | 16.95 | 5.88 | 25.32 | 188% | -77% | -33% |
| United Technologies | Hartford | CT | 109.09 | 38.54 | 76.54 | 183% | -50% | 43% |
| ATMI Inc | Danbury | CT | 33.98 | 12.08 | 32.25 | 181% | -63% | 5% |
| Compass Diversified Holdings | Westport | CT | 18.31 | 7.35 | 14.90 | 149% | -51% | 23% |
| WR Berkley | Greenwich | CT | 48.30 | 19.47 | 29.81 | 148% | -35% | 62% |
| Praxair | Danbury | CT | 131.14 | 55.24 | 88.71 | 137% | -38% | 48% |
| Star Gas Partners LP | Stamford | CT | 5.84 | 2.51 | 3.97 | 133% | -37% | 47% |
| TRC Companies | Windsor | CT | 5.73 | 2.70 | 8.00 | 112% | -66% | -28% |
| Silgan Holdings | Stamford | CT | 50.33 | 23.85 | 25.97 | 111% | -8% | 94% |
| Urstadt Biddle Properties | Greenwich | CT | 21.15 | 10.37 | 15.50 | 104% | -33% | 36% |
| United Financial Bancorp | Glastonbury | CT | 12.57 | 6.97 | 12.20 | 80% | -43% | 3% |
| Interactive Brokers Group | Greenwich | CT | 23.62 | 13.37 | 32.32 | 77% | -59% | -27% |
| Cenveo | Stamford | CT | 3.10 | 1.83 | 17.47 | 69% | -90% | -82% |
| Magellan Health Services | Avon | CT | 55.46 | 32.84 | 46.63 | 69% | -30% | 19% |
| NanoViricides | West Haven | CT | 3.93 | 2.38 | 1.37 | 65% | 74% | 188% |
| World Wrestling Entertainment | Stamford | CT | 14.64 | 9.53 | 14.76 | 54% | -35% | -1% |
| Pitney Bowes | Stamford | CT | 26.99 | 18.02 | 38.04 | 50% | -53% | -29% |
| Information Services Group | Stamford | CT | 4.13 | 3.06 | 6.85 | 35% | -55% | -40% |
| Navigators Group | Stamford | CT | 64.63 | 48.24 | 65.00 | 34% | -26% | -1% |
| Frontier Communications | Stamford | CT | 6.74 | 5.86 | 12.73 | 15% | -54% | -47% |
| People's United Financial | Bridgeport | CT | 14.96 | 16.87 | 17.80 | -11% | -5% | -16% |
| Blyth Inc | Greenwich | CT | 6.66 | 8.20 | 43.88 | -19% | -81% | -85% |
| Revolution Lighting Technologies | Stamford | CT | 2.09 | 6.60 | 4.90 | -68% | 35% | -57% |
| Average % Change all 59 Connecticut Companies | 437% | -55% | 79% | |||||
In addition to the above Connecticut Companies, from IPO Scoop, below here are the 8 Connecticut Companies filing IPOs since the beginning of 2009 which have experienced at least 10% stock market price appreciation from their Initial Offering Price through August 27, 2014..... the clear stickout performer here is the very well run SS&C Technologies, headed by Evansville, IN native Bill Stone, whose stock market price has more than tripled:
| % | ||||||||
| Market | ||||||||
| Price | ||||||||
| 8-27-14 | Change | |||||||
| Stock | Initial | From | ||||||
| IPO | City | State | Market | Offering | Offering | |||
| Date | Connecticut Company | HQs | Sector | Industry | Price | Price | Price | |
| $ | $ | |||||||
| OBAMA | ||||||||
| 3/31/10 | SS&C Technologies | Windsor | CT | Technology | Business Software & Services | 45.67 | 15.00 | 204% |
| 7/26/12 | Northern Tier Energy LP | Ridgefield | CT | Basic Materials | Oil&Gas Refining&Marketing | 26.11 | 14.00 | 87% |
| 8/11/09 | Starwood Property Trust | Greenwich | CT | Financial | REIT-Diversified | 23.82 | 16.13 | 48% |
| 7/27/11 | Tangoe | Orange | CT | Technology | Business Software & Services | 14.25 | 10.00 | 43% |
| 4/4/14 | IMS Health Holdings | Danbury | CT | Technology | Information Technology Services | 27.84 | 20.00 | 39% |
| 7/28/11 | Chefs Warehouse | Ridgefield | CT | Services | Food Wholesale | 18.19 | 15.00 | 21% |
| 7/31/14 | Synchrony Financial | Stamford | CT | Financial | Consumer Finance | 25.47 | 23.00 | 11% |
| 10/8/10 | Ellington Financial LLC | Old Greenwich | CT | Financial | Mortgage Investment | 24.76 | 22.50 | 10% |
On the employment front, from the US Bureau of Labor Statistics, the seasonally adjusted unemployment rate of Connecticut nearly doubled from 4.9% in December 2007 to 8.7% 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 taking full effect, coupled with the Quantitative Easing by the US Fed, the Connecticut unemployment rate declined from 8.7% in October 2009 to 6.6% in the most recently reported July 2014.
Connecticut Citizens must be very pleased with both the outstanding performance of nearly all of their Connecticut Companies as well as the significant drop in the Connecticut Unemployment Rate during the Obama Administration.
