During this five years and eight months period of time from March 6, 2009 through October 27, 2014, Moderate Mark Begich was an Alaska US Senator.
I found 2 Alaska Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total Stock Market Capitalizations of more than $100 mil each 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 October 24, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 3 Alaska Companies had their average equal-company-weighted stock market prices decline by a massive 53% 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 eight months since March 6, 2009 through October 24, 2014, the average stock market prices of these same 3 Alaska Companies have increased by a clearly spectacular 567%. This 567% increase is a substantial step up in percentage increase from that of just a week ago, where the average increase was a much lower 501% from March 6, 2009 to October 17, 2014.
Thus in the six years and ten months from December 31, 2007 before the 2008 financial meltdown to the most recent date October 24, 2014, the equally-company-weighted average stock market prices of these same 3 Alaska Companies have increased by a clearly off-the-charts 253%...... yeah, these Alaska Companies have not just recouped the massive amount they lost with the disastrous 2008 financial meltdown, but also added another 253%.
Below here are the stock market prices of each of these 3 Alaska Companies on October 24, 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 | |||
HQs | Price | Price | Price | to | to | to | ||
10-24-14 | 3-6-09 | 12-31-07 | 10-24-14 | 3-6-09 | 10-24-14 | |||
$ | $ | $ | $ | $ | $ | |||
Alaska | ||||||||
Alaska Air Group | Seattle | WA | 50.20 | 3.77 | 6.25 | 1232% | -40% | 703% |
Northrim Bancorp | Anchorage | AK | 27.59 | 6.90 | 21.32 | 300% | -68% | 29% |
General Communication | Anchorage | AK | 11.04 | 4.11 | 8.75 | 169% | -53% | 26% |
Average % Change all 3 | 567% | -53% | 253% |
In addition to the above 3 Alaska Companies, there are also Audited Financial Statements available for the Alaska Region of the giant Hospital Chain Providence Health. Thus included below is the Audited Net Income (Loss) From Continuing Operations for each of these 4 Alaska Organizations in each of the six years 2013, 2012, 2011, 2009, 2008 and 2007, along with the related Net Income (Loss) Percentage Changes:
2013 | 2012 | 2011 | 2009 | 2008 | 2007 | |||
Audited | Audited | Audited | Audited | Audited | Audited | |||
Most | Net | Net | Net | Net | Net | Net | ||
Recent | Income | Income | Income | Income | Income | Income | ||
Alaska Companies | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
$ mils | $ mils | $ mils | $ mils | $ mils | $ mils | |||
Alaska Air Group | Seattle | Dec 13 | 508 | 316 | 245 | 122 | (136) | 124 |
Providence Health Alaska Region | Anchorage | Dec 13 | 114 | 103 | 65 | 36 | 27 | 71 |
General Communication | Anchorage | Dec 13 | 32 | 9 | 5 | 4 | (4) | 14 |
Northrim Bancorp | Anchorage | Dec 13 | 12 | 13 | 12 | 8 | 6 | 12 |
Total all 4 Alaska Companies | 666 | 441 | 327 | 170 | (107) | 221 | ||
Two Years Total Earnings | ||||||||
..2012 and 2013 Combined | 1,107 | |||||||
..2008 and 2009 Combined | 63 | |||||||
……….% Increase | 1657% | |||||||
Annual Earnings % Increase | ||||||||
…..2013 Over 2007 | 201% |