Monday, August 18, 2014

Illinois Company Stock Market Prices Up 534% Since March 6, 2009

The Illinois US Senate race is not now close, but I think there is a chance it will be getting closer in the future.  Thus, I think it would be helpful to research how Illinois Headquartered Companies have done on the stock market price front since March 6, 2009, which was the very bottom point of the US Stock Market due to the spillover effects resulting from the disastrous 2008 financial meltdown.  And I also think it would be helpful to research how Illinois has done on the employment front after the horrible effects of the 2008 US financial meltdown.

During this five years and five months period of time from March 6, 2009 through August 18, 2014, Illinois was blessed with having the US Senate Democrat Second in Command, the very influential Party Whip Dick Durbin.

I found 110 Illinois 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 August 18, 2014.
I included Accenture since it has substantial operations in the Chicago area, even though it is headquartered overseas. 

I also included five Illinois Companies which were sold in 2014 and two Illinois Companies whose common stock first started trading in 2008.  That makes a total of 117 Illinois Companies shown below.

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

These 117 Illinois Companies had their average equal-company-weighted stock market prices decline by a massive 56% 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 five months since March 6, 2009 through August 18, 2014, the average stock market prices of these same 117 Illinois Companies have increased by a clearly spectacular 534%.

Thus in the six years and seven months from December 31, 2007 before the 2008 financial meltdown to the most recent date August 18, 2014, the equally-company-weighted average stock market prices of these same 117 Illinois Companies have increased by an impressive 66%...... yeah, they have not just recouped the massive amount they lost with the disastrous 2008 financial meltdown, but also added another 66%.

Below here are the stock market prices of each of these 117 Illinois Companies, overwhelmingly Chicago Metro Area Companies, on August 18, 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
Illinois Company HQs
8-18-14 3-6-09 12-31-07 8-18-14 3-6-09 8-18-14



$s $s $s








DURBIN










Tenneco Lake Forest IL      64.74       0.86      26.07 7428% -97% 148%
General Growth Properties Chicago IL      24.33       0.33      41.18 7273% -99% -41%
KapStone Paper & Packaging Northbrook IL      30.72       0.75       3.50 3996% -79% 778%
Manitex Intl Bridgeview IL      12.26       0.46       6.07 2565% -92% 102%
Akorn Lake Forest IL      37.97       1.53       7.34 2382% -79% 417%
Ulta Salon, Cosmetics & Fragrances Bolingbrook IL      94.53       4.40      17.15 2048% -74% 451%
Sparton Corp Schaumburg IL      30.23       1.50       4.94 1915% -70% 512%
Brunswick Lake Forest IL      43.15       2.18      17.05 1879% -87% 153%
Century Aluminum Chicago IL      21.60       1.10      53.94 1864% -98% -60%
Coleman Cable Waukegan  IL       26.25       1.44       9.45 1723% -85% 178%
Strategic Hotels & Resorts Chicago IL      11.96       0.77      16.73 1453% -95% -29%
Material Sciences Corp Elk Grove Village  IL       12.74       1.00       7.43 1174% -87% 71%
Discover Financial Services Riverwoods IL      61.06       4.95      15.08 1134% -67% 305%
United Continental Chicago IL      47.84       3.94      35.66 1114% -89% 34%
Middleby Elgin IL      88.74       7.99      25.54 1011% -69% 247%
Methode Electronics Chicago IL      33.28       3.37      16.44 888% -80% 102%
Littelfuse Chicago IL      91.13       9.54      32.96 855% -71% 176%
Catamaran Lisle IL      46.35       5.01       3.63 826% 38% 1179%
Hillshire Brands Chicago IL      62.78       7.08      16.06 787% -56% 291%
Jones Lang LaSalle Chicago IL    135.90      16.99      71.16 700% -76% 91%
Westell Technologies Aurora IL       1.71       0.23       1.44 637% -84% 19%
First Industrial Realty Trust Chicago IL      18.41       2.51      34.60 633% -93% -47%
Taylor Capital Group Rosemont IL      21.05       3.10      20.40 579% -85% 3%
Packaging Corp America Lake Forest IL      66.29       9.92      28.20 568% -65% 135%
ACCO Brands Lake Zurich IL       7.34       1.10      16.04 567% -93% -54%
USG Corp Chicago IL      28.48       4.29      35.79 564% -88% -20%
CNA Financial Chicago IL      38.12       6.98      33.72 446% -79% 13%
John B Sanfilippo Elgin IL      28.88       5.58       8.42 418% -34% 243%
Motorola Solutions Schaumburg IL      60.81      12.70      16.04 379% -21% 279%
Caterpillar Peoria  IL     106.98      23.23      72.56 361% -68% 47%
Horace Mann Educators Corp Springfield IL      29.74       6.46      18.94 360% -66% 57%
Zebra Technologies Lincolnshire IL      76.71      16.69      34.70 360% -52% 121%
Wintrust Financial Rosemont IL      46.08      10.05      33.13 359% -70% 39%
United Stationers Deerfield IL      41.73       9.25      23.11 351% -60% 81%
LKQ Corp Chicago IL      27.23       6.10      10.51 346% -42% 159%
GATX Chicago IL      64.99      14.70      36.68 342% -60% 77%
IDEX Corp Lake Forest IL      77.31      17.53      36.13 341% -51% 114%
Beam Suntory Inc Deerfield IL      83.47      19.07      72.36 338% -74% 15%
Titan Intl Quincy IL      14.56       3.33      25.01 337% -87% -42%
Kemper Corp Chicago IL      35.98       8.34      47.99 331% -83% -25%
CF Industries Deerfield IL    256.94      60.59    110.06 324% -45% 133%
Ingredion Inc Westchester IL      78.18      18.46      36.75 324% -50% 113%
Allstate Northbrook IL      61.28      14.55      52.23 321% -72% 17%
Calamos Asset Management Naperville IL      12.74       3.05      29.78 318% -90% -57%
Boeing Chicago IL    124.98      30.10      87.46 315% -66% 43%
Orbitz Worldwide Chicago IL       8.70       2.17       8.50 301% -74% 2%
Dover Downers Grove IL      88.94      22.32      46.09 298% -52% 93%
WW Grainger Lake Forest IL    242.83      61.45      87.52 295% -30% 177%
AMCOL Intl Hoffman Estates IL      45.74      11.59      36.03 295% -68% 27%
Equity Residential Chicago IL      66.79      17.09      36.47 291% -53% 83%
Great Lakes Dredge & Dock Oak Brook IL       7.44       1.92       8.72 288% -78% -15%
Stepan Company Northfield IL      49.29      12.90      16.27 282% -21% 203%
Federal Signal Oak Brook IL      15.09       3.99      11.22 278% -64% 34%
VASCO Data Security Oakbrook Terrace IL      14.50       4.09      27.92 255% -85% -48%
Deere Moline  IL       86.11      25.51      93.12 238% -73% -8%
Anixter Intl Glenview IL      87.20      25.90      62.27 237% -58% 40%
InnerWorkings Chicago IL       8.76       2.62      17.26 234% -85% -49%
John Bean Technologies Chicago IL      29.05       8.85      14.00 228% -37% 108%
Illinois Tool Works Glenview IL      87.97      26.80      53.54 228% -50% 64%
Ventas Chicago IL      65.49      20.41      45.25 221% -55% 45%
Richardson Electronics Lafox IL      10.12       3.17       7.01 219% -55% 44%
Treehouse Foods Oak Brook IL      80.64      26.56      22.99 204% 16% 251%
PrivateBancorp Chicago IL      28.83       9.57      32.65 201% -71% -12%
Schawk Des Plaines IL      20.80       6.94      15.52 200% -55% 34%
Hub Group Downers Grove IL      47.11      15.87      26.58 197% -40% 77%
Equity LifeStyle Properties Chicago IL      45.34      15.29      22.84 197% -33% 99%
Arthur J Gallagher Itasca IL      46.30      15.68      24.19 195% -35% 91%
RR Donnelley & Sons Chicago IL      17.21       5.87      37.74 193% -84% -54%
Accenture Chicago IL      79.81      28.00      36.03 185% -22% 122%
Consolidated Communications Mattoon IL      23.75       8.38      19.90 183% -58% 19%
Walgreen Co Deerfield IL      62.07      22.09      38.08 181% -42% 63%
First Midwest Bancorp Itasca IL      16.87       6.28      30.60 169% -79% -45%
MB Financial Chicago IL      27.30      10.17      30.83 168% -67% -11%
Mondelez Deerfield IL      36.04      14.15      21.35 155% -34% 69%
AAR Corp Wood Dale IL      27.64      10.99      38.03 152% -71% -27%
Hospira Lake Forest IL      55.48      22.21      42.64 150% -48% 30%
Stericycle Lake Forest IL    119.00      47.74      59.40 149% -20% 100%
Aptar Group Crystal Lake IL      63.68      25.55      40.91 149% -38% 56%
Morningstar Chicago IL      67.85      28.79      77.75 136% -63% -13%
Oil-Dri Corp America Chicago IL      30.39      13.11      21.94 132% -40% 39%
Cabot Microelectronics Aurora IL      42.66      19.06      35.91 124% -47% 19%
RLI Corp Peoria IL      45.41      21.88      28.40 108% -23% 60%
CME Group Chicago IL      73.81      36.49    137.20 102% -73% -46%
Merge Healthcare Chicago IL       2.59       1.31       1.19 98% 10% 118%
Lifeway Foods Morton Grove IL      13.33       6.82      11.83 95% -42% 13%
Old Republic Intl Chicago IL      14.90       7.66      15.41 95% -50% -3%
Archer Daniels Midland Decatur IL      49.79      25.96      46.43 92% -44% 7%
FreightCar America Chicago IL      27.45      14.52      35.00 89% -59% -22%
Abbott Laboratories Abbott Park IL      42.23      22.44      26.87 88% -16% 57%
Allscripts Healthcare Solutions Chicago IL      14.41       7.93      19.42 82% -59% -26%
Heritage-Crystal Clean Elgin IL      15.99       8.84      14.19 81% -38% 13%
McDonald's Oak Brook IL      94.25      52.12      58.91 81% -12% 60%
PCTEL Bloomingdale IL       7.56       4.31       6.86 75% -37% 10%
Inland Real Estate Oak Brook IL      10.53       6.12      14.16 72% -57% -26%
AM Castle Oak Brook IL       9.57       5.89      27.19 62% -78% -65%
Tootsie Rolls Industries Chicago IL      27.96      17.33      22.96 61% -25% 22%
Rubicon Technology Bensenville IL       6.30       3.93      23.75 60% -83% -73%
Huron Consulting Group Chicago IL      63.10      40.75      80.63 55% -49% -22%
Navigant Consulting Chicago IL      16.51      11.07      13.67 49% -19% 21%
Baxter Intl Deerfield IL      75.21      51.92      58.05 45% -11% 30%
Heidrick & Struggles Intl Chicago IL      20.12      14.00      37.11 44% -62% -46%
Northern Trust Chicago IL      67.15      47.38      76.58 42% -38% -12%
BankFinancial Corp Burr Ridge IL      10.37       7.54      15.82 38% -52% -34%
The Female Health Co Chicago IL       3.93       2.95       2.61 33% 13% 51%
Coeur Mining Inc Chicago IL       8.28       6.30      49.40 31% -87% -83%
Terra Nitrogen Co. LP Deerfield IL    153.00    118.97    149.53 29% -20% 2%
Lawson Products Chicago IL      17.86      14.25      37.92 25% -62% -53%
United States Cellular Chicago IL      37.46      30.34      84.10 23% -64% -55%
Telephone & Data Systems Chicago IL      25.50      23.08      57.59 10% -60% -56%
Sears Holdings Hoffman Estates IL      35.16      33.01      94.81 7% -65% -63%
First Mid-Illinois Bancshares Mattoon IL      20.51      19.90      26.05 3% -24% -21%
DeVry Education Group Downers Group IL      42.85      44.19      51.96 -3% -15% -18%
First Busey Champaign IL       5.68       6.15      19.86 -8% -69% -71%
Landauer Glenwood IL      36.57      50.65      51.85 -28% -2% -29%
Fuel-Tech Warrenville IL       4.64       7.48      22.65 -38% -67% -80%
Inteliquent Chicago IL      11.10      18.99      19.02 -42% 0% -42%
Career Education Schaumburg IL       5.60      20.80      25.14 -73% -17% -78%









Average % Change all 117




534%-56%66%

It is just incredible how many Illinois Companies with Market Capitalizations above $100 mil have been sold just recently.  It is a very good sign to see so many acquiring companies to be looking to the Chicago Metro Area just like it is for college basketball recruiters to be looking to players from Chicago Area High Schools.

In addition to the above five Chicago Area Companies acquired so far in 2014, there were another five of them acquired in 2013.

But in addition to all of these Chicago Metro Area Companies which existed at December 2007 doing so well, there were also many of them filing Initial Public Offerings (IPOs) subsequently that have had very robust stock market price appreciation from their Initial Offering Prices.  Below here are the 20 Illinois IPOs since 2009 which had stock market price appreciation of at least 8% above the Initial Offering Price:







%








Market # of








Price Months






8-18-14
Change Stock 






Stock
From Traded
IPO
City State

Market Offering Offering Thru
Date Illinois Company IPO HQs
Sector Industry Price Price Price 8-18-14





$ $









7/29/10 Envestnet  Chicago IL Technology Financial Services $46.40 9.00 416% 49
2/10/09 Mead Johnson Nutrition  Glenview IL Consumer Goods Processed & Packaged Goods $94.75 24.00 295% 66
11/5/09 Hyatt Hotels Chicago IL Services Lodging $60.65 25.00 143% 57
10/28/09 Addus HomeCare  Palatine IL Healthcare Home Health Care $22.75 10.00 128% 58
6/7/13 Textura    Deerfield IL Technology Application Software $29.65 15.00 98% 14
4/5/12 Retail Properties of America  Oak Brook IL Financial REIT-Retail $15.57 8.00 95% 28
6/27/13 CDW Corp   Vernon Hills IL Technology Information Technology Services $32.69 17.00 92% 14
6/15/10 CBOE Holdings  Chicago IL Financial Diversified Investmrnts $51.75 29.00 78% 50
7/19/12 Durata Therapeutics  Chicago IL Healthcare Biotechnology $15.99 9.00 78% 25
10/2/09 Echo Global Logitcs  Chicago IL Services Trucking $24.75 14.00 77% 58
3/21/13 Aviv REIT Chicago IL Financial REIT-Diversified $28.10 16.00 76% 17
4/20/11 Sagent Pharmaceuticals  Schaumburg IL Healthcare Drugs-Generic $26.10 16.00 63% 40
1/18/13 SunCoke Energy Partners, L.P.  Lisle IL Basic Materials Nonmetallic Mineral Mining $30.65 19.00 61% 19
4/4/14 Grubhub Chicago IL Technology Internet Information Providers $41.11 26.00 58% 4
7/21/11 SunCoke Energy  Lisle IL Basic Materials Steel & Iron $24.42 16.00 53% 37
3/19/14 Paylocity Holding Arlington Heights IL Technology Application Software $24.80 17.00 46% 5
5/23/13 Global Brass and Copper Holdings  Schaumburg IL Industrial Goods Metal Fabrication $15.55 11.00 41% 15
10/30/13 Surgical Care Affiliates   Deerfield IL Health Care Skilled Health Services $29.41 24.00 23% 10
5/20/10 Accretive Health  Chicago IL Healthcare Management Services $13.19 12.00 10% 51
7/28/11 Horizon Pharma  Deerfield IL Healthcare Major Drug Manufacturers $9.69 9.00 8% 37

In like manner on the employment front, from the US Bureau of Labor Statistics, Illinois' State unemployment rate precisely doubled, going from 5.5% in December 2007 to 11.0% in October 2009, which was the very lowest point for the US Labor Market due to the lagging spillover effects resulting from the disastrous 2008 Financial Meltdown.  But in the four years and eight months since then, when Democrat Dick Durbin was in office, the Illinois State unemployment rate has declined sharply from 11.0% in October 2009 to 7.1% in the most recently reported June 2014.

Illinois Citizens must be extremely pleased with both the outstanding performance of nearly all of their Illinois Companies as well as with the substantial drop in the Illinois Unemployment Rate, both occurring during the most recent roughly five years when the very influential Democrat Dick Durbin was serving in the US Senate very effectively for the interests of his Illinois constituents.