Thursday, August 28, 2014

New York Non-Financial Company Stock Market Prices Up 571% Since March 6, 2009

Since on this Friday, August 29, 2014, there are two key Democratic National Committee Fundraisers in New Rochelle, NY and in Purchase, NY that President Barack Obama will be attending, I think it would be helpful to research first how New York Headquartered Non-Financial Companies and then a bit later how New York Headquartered Financial Companies have done on the stock market price front during the Obama Administration.

I found 133 Non-Financial Companies Headquartered in New York 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
I also included below 5 New York Non-Financial Companies which were sold in 2014.  That makes a total of 138 New York Non-Financial Companies.

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

These 138 New York Non-Financial Companies had their equally-company-weighted average stock market prices decline by a massive 57% 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 138 New York Non-Financial Companies have increased by a phenomenal 571%.
 
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 138 New York 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 138 New York Non-Financial 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
New York Company HQs
8-27-14 3-6-09 12-31-07 8-27-14 3-6-09 8-27-14



$s $s $s








OBAMA

Non-Financial Company







Keryx Biopharmaceuticals New York NY      18.18        0.11        8.40 16427% -99% 116%
Macquarie Infrastructure New York NY      71.83        1.34      40.53 5260% -97% 77%
Regeneron Pharmaceuticals Tarreytown NY     350.01      12.67      24.15 2663% -48% 1349%
Sirius XM Holdings New York NY        3.59        0.15        3.03 2376% -95% 18%
G-III Apparel Group New York NY      83.04        3.48      14.77 2286% -76% 462%
Standard Motor Products Long Island City NY      37.78        1.61        8.16 2247% -80% 363%
Kate Spade New York NY      32.51        1.78      20.35 1726% -91% 60%
Corporate Resource Services New York NY        1.80        0.10        0.35 1700% -71% 414%
CBS Corp New York NY      60.42        3.36      27.25 1698% -88% 122%
Lifetime Brands Garden City NY      17.33        1.00      12.98 1633% -92% 34%
Astronics East Aurora NY      63.62        4.48      14.75 1321% -70% 331%
Revlon New York NY      33.76        2.64     118.00 1179% -98% -71%
Warren Resources Inc New York NY        6.51        0.52      14.13 1152% -96% -54%
Allied Motion Technologies Amherst NY      16.07        1.29        4.65 1148% -72% 246%
ANN Inc New York NY      40.94        3.41      25.56 1101% -87% 60%
Harris Interactive Rochester NY        2.03        0.20        4.26 916% -95% -52%
Newtek Business Services New York NY        2.84        0.29        1.24 879% -77% 129%
Carrols Restaurant Group Syracuse NY        7.17        0.77        2.53 830% -70% 184%
Jarden Corp Rye NY      59.59        6.41      15.74 829% -59% 279%
Veeco Instruments Plainview NY      35.46        4.16      16.70 752% -75% 112%
Hain Celestial Group Lake Success NY      97.64      11.89      32.00 721% -63% 205%
TAL Intl Group Purchase NY      45.85        5.59      22.77 720% -75% 101%
Time Warner Cable New York NY     147.11      18.06      27.60 715% -35% 433%
PVH Corp New York NY     118.26      14.56      36.86 712% -60% 221%
Steven Madden Long Island City NY      34.94        4.31        5.93 711% -27% 490%
Prestige Brands Holdings Tarreytown NY      35.20        4.49        7.48 684% -40% 371%
Twenty-First Century Fox New York NY      35.85        4.69      18.09 665% -74% 98%
Hi-Tech Pharmacal Amityville NY      43.49        5.78        9.71 653% -41% 348%
Inter Parfums New York NY      31.25        4.19      11.98 646% -65% 161%
Estee Lauder New York NY      77.01      10.33      21.81 645% -53% 253%
Sirona Dental Systems Long Island City NY      81.84      11.59      33.48 606% -65% 144%
Constellation Brands Victor NY      87.29      12.46      23.64 601% -47% 269%
LivePerson New York NY      12.82        1.86        5.34 589% -65% 140%
Reis New York NY      23.70        3.52        7.68 573% -54% 209%
Foot Locker New York NY      56.34        8.39      13.66 572% -39% 312%
Sotheby's New York NY      41.14        6.47      38.10 536% -83% 8%
Tiffany New York NY     101.75      17.21      46.03 491% -63% 121%
Iconix Brand Group New York NY      41.62        7.16      19.66 481% -64% 112%
Viacom New York NY      80.81      13.92      43.92 481% -68% 84%
Loral Space & Communications New York NY      74.76      13.38      34.25 459% -61% 118%
Trans World Entertainment Albany NY        3.27        0.59        4.90 454% -88% -33%
The Jones Group New York NY      14.99        2.74      15.99 447% -83% -6%
Castle Brands New York NY        1.09        0.20        2.22 445% -91% -51%
Interpublic Group New York NY      19.94        3.77        8.11 429% -54% 146%
Ralph Lauren New York NY     169.68      32.54      61.79 421% -47% 175%
Frequency Electronics Mitchel Field NY      11.30        2.18        9.65 418% -77% 17%
Forest Laboratories New York NY      99.00      19.12      36.45 418% -48% 172%
IAC/InterActive New York NY      68.29      14.11      26.92 384% -48% 154%
Empire Resorts Monticello NY        4.48        0.93        3.41 382% -73% 31%
Nathan's Famous Jericho NY      55.25      11.75      17.47 370% -33% 216%
Minerals Technologies New York NY      62.72      13.38      33.48 369% -60% 87%
Perfumania Holdings Bellport NY        6.55        1.46      24.92 349% -94% -74%
Dealertrack Technologies Lake Success NY      43.28        9.66      33.47 348% -71% 29%
Hudson Global New York NY        3.76        0.86        8.41 337% -90% -55%
Computer Task Group Buffalo NY      12.98        2.98        5.53 336% -46% 135%
VOXX Intl Hauppauge NY        9.94        2.32      12.40 328% -81% -20%
JetBlue Airways Long Island City NY      12.38        2.96        5.90 318% -50% 110%
Exlservice Holdings New York NY      27.34        6.65      23.08 311% -71% 18%
Balchem New Hampton NY      52.34      12.93      14.92 305% -13% 251%
Graham Corp Batavia NY      30.27        7.61      20.96 298% -64% 44%
Arrow Electronics Melville NY      61.84      15.59      39.28 297% -60% 57%
Intl Flavors & Fragrances New York NY     100.72      25.58      48.13 294% -47% 109%
Dice Holdings New York NY        8.59        2.23        7.99 285% -72% 8%
Moog Inc East Aurora NY      70.77      18.51      45.81 282% -60% 54%
1-800-Flowers.com Carle Place NY        5.20        1.37        8.73 280% -84% -40%
Hardinge Elmira NY      11.21        2.96      16.78 279% -82% -33%
Pall Corp Port Washington NY      80.72      21.72      40.32 272% -46% 100%
Cablevision Systems Bethpage NY      18.31        4.94      11.69 271% -58% 57%
Ascena Retail Group Suffern NY      17.39        4.69        6.26 271% -25% 178%
Scholastic Corp New York NY      35.16        9.50      34.89 270% -73% 1%
Take-Two Interactive Software New York NY      22.70        6.21      18.45 266% -66% 23%
Columbus McKinnon Amherst NY      25.85        7.10      32.62 264% -78% -21%
Aceto Port Washington NY      19.19        5.28        8.00 263% -34% 140%
Henry Schein Melville NY     119.63      34.24      61.40 249% -44% 95%
MSCI New York NY      46.14      13.42      38.40 244% -65% 20%
Time Warner New York NY      76.85      22.41      49.53 243% -55% 55%
Monro Muffler Brake Rochester NY      52.82      15.70      12.99 236% 21% 307%
CONMED Utica NY      39.20      11.69      23.11 235% -49% 70%
MSC Industrial Direct Melville NY      90.15      27.43      40.47 229% -32% 123%
Cinedigm New York NY        1.95        0.60        4.47 225% -87% -56%
Gibraltar Industries Buffalo NY      15.99        4.95      15.42 223% -68% 4%
Omnicom Group New York NY      72.31      22.57      47.53 220% -53% 52%
Alcoa New York NY      16.71        5.22      36.55 220% -86% -54%
Coach New York NY      37.18      11.80      30.58 215% -61% 22%
Atlas Air Worldwide Purchase NY      33.71      10.71      54.22 215% -80% -38%
Town Sports Intl New York NY        5.31        1.71        9.56 211% -82% -44%
Travelzoo New York NY      17.05        5.50      13.68 210% -60% 25%
New York Times New York NY      12.40        4.07      17.53 205% -77% -29%
ITT White Plains NY      48.28      16.69      33.02 189% -49% 46%
Anaren East Syracuse NY      27.98        9.93      16.49 182% -40% 70%
Morgans Hotel Group New York NY        7.54        2.68      19.28 181% -86% -61%
National Fuel Gas Co Williamsville NY      76.12      27.13      46.68 181% -42% 63%
Bristol-Myers Squibb New York NY      50.25      18.35      26.52 174% -31% 89%
Martha Stewart Living Omnimedia New York NY        4.45        1.73        9.27 157% -81% -52%
Albany Molecular Research Albany NY      19.87        7.94      14.38 150% -45% 38%
Leucadia National New York NY      24.86      10.56      45.82 136% -77% -46%
Medical Action Industries Brentwood NY      13.79        5.87      20.85 135% -72% -34%
Pfizer New York NY      29.49      12.73      22.73 132% -44% 30%
Colgate-Palmolive New York NY      64.83      28.03      38.98 131% -28% 66%
Towers Watson New York NY     109.45      48.31      46.41 127% 4% 136%
IBM Armonk NY     192.25      85.81     108.10 124% -21% 78%
Harbinger Group New York NY      12.89        5.81        7.32 122% -21% 76%
HMS Holdings New York NY      22.86      10.55      11.07 117% -5% 106%
Rand Logistics New York NY        6.29        3.00        6.45 110% -53% -2%
Verizon Communications New York NY      49.43      23.83      37.98 107% -37% 30%
XO Group New York NY      11.50        5.62      15.94 105% -65% -28%
Corning Corning NY      20.49      10.14      23.99 102% -58% -15%
Griffon New York NY      12.39        6.15      12.45 101% -51% 0%
Paychex Rochester NY      41.96      20.94      36.22 100% -42% 16%
Pepsico Purchase NY      92.23      47.10      75.90 96% -38% 22%
ABM Industries New York NY      26.39      13.48      20.39 96% -34% 29%
L-3 Communications New York NY     109.54      56.30     101.61 95% -45% 8%
Park Electrochemical Melville NY      27.54      14.45      28.24 91% -49% -2%
Research Frontiers Woodbury NY        5.20        2.75      10.00 89% -73% -48%
Enzo Biochem New York NY        5.78        3.08      12.74 88% -76% -55%
Hess Corp New York NY      99.97      54.74     100.86 83% -46% -1%
Bunge White Plains NY      84.56      47.88     116.41 77% -59% -27%
CA Technologies Islandia NY      28.18      16.01      24.95 76% -36% 13%
BioSpecifics Technologies Lynbrook NY      31.61      19.00      10.00 66% 90% 216%
New York & Co New York NY        3.45        2.10        6.38 64% -67% -46%
Barnes & Noble New York NY      23.72      15.81      34.45 50% -54% -31%
Systemax Port Washington NY      14.97      10.40      20.32 44% -49% -26%
Thomson Reuters New York NY      38.02      26.92      40.75 41% -34% -7%
Acorda Therapeutics Ardsley NY      33.01      23.44      21.96 41% 7% 50%
Seneca Foods Marion NY      30.46      21.69      23.75 40% -9% 28%
Universal American White Plains NY        8.50        6.14      25.59 38% -76% -67%
AngioDynamics Latham NY      13.88      10.30      19.04 35% -46% -27%
Weight Watchers Intl New York NY      24.64      18.37      45.18 34% -59% -45%
Neostem New York NY        5.80        4.54      13.40 28% -66% -57%
Griffin Land & Nurseries New York NY      29.16      24.04      36.50 21% -34% -20%
Comtech Telecommunications Melville NY      37.70      36.03      54.01 5% -33% -30%
Progenics Pharmaceuticals Tarreytown NY        5.43        5.75      18.07 -6% -68% -70%
Monster Worldwide New York NY        5.79        6.22      32.40 -7% -81% -82%
Avon Products New York NY      14.21      15.68      39.53 -9% -60% -64%
Scientific Games Corp New York NY        9.80      10.89      33.25 -10% -67% -71%
Plug Power Latham  NY        5.76        7.10      39.50 -19% -82% -85%
Fuel Systems Solutions New York NY        9.99      12.96      14.29 -23% -9% -30%
Aeropostale New York NY        4.16      15.01      17.67 -72% -15% -76%









Average % Change all 138 New York Non-Financial Companies

571% -57% 79%

In addition to the above New York Non-Financial Companies, from IPO Scoop, below here are the 8 New York Non-Financial Companies filing IPOs since the beginning of 2009 which have experienced at least 36% stock market price appreciation from their Initial Offering Prices through August 27, 2014..... the clear stickout performer here is Intercept Pharmaceuticals, whose stock market price is up more than 18 times from its Initial Offering Price only 22 months earlier:






%








Market








Price






8-27-14
Change






Stock Initial From
IPO
City State

Market Offering Offering
Date New York Company IPO HQs HQs Sector Industry Price Price Price






$s $s








OBAMA

Non-Financial Companies






10/11/12 Intercept Pharmaceuticals  New York NY Healthcare Drug Manufacturers- Major 295.27 15.00 1868%
10/11/12 Shutterstock  New York NY Technology Business Services 70.93 17.00 317%
6/25/09 Medidata Solutions  New York NY Technology Health Information Services 46.18 14.00 230%
1/26/11 Nielsen  New York NY Technology Information & Delivery Services 46.76 23.00 103%
8/11/10 MediaMind Technologies  New York NY Services Business Services 21.81 11.50 90%
11/22/13 Vince Holding   New York NY Consumer Goods Textile-Apparel Clothing 35.70 20.00 79%
9/25/13 Ophthotech   New York NY Health Care Biotechnology 39.06 22.00 78%
11/6/13 Arc Logistics Partners LP  New York NY Basic Materials Oil & Gas Pipelines 25.83 19.00 36%

On the employment front, from the US Bureau of Labor Statistics, the seasonally adjusted unemployment rate of New York State nearly doubled from 4.7% in December 2007 to 8.8% 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 New York State unemployment rate declined from 8.8% in October 2009 to 6.6% in the most recently reported July 2014.

New York State Citizens must be very pleased with both the outstanding performance of nearly all of their New York Non-Financial Companies as well as the significant drop in the New York State Unemployment Rate during the Obama Administration.

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