During this five years and eight months period of time from March 6, 2009 through October 31, 2014, Democrats were in control of the US Senate.
I found 68 Georgia 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 31, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 71 Georgia Companies had their average equal-company-weighted 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 eight months since March 6, 2009 through October 31, 2014, the average stock market prices of these same 71 Georgia Companies have increased by an exceptional 490%.
This 490% increase is a very nice step up in percentage increase from that of just two weeks ago, where the average increase was a lower 451% from March 6, 2009 to October 17, 2014.
To illustrate just how exceptionally strong these Georgia Companies are, precisely a dozen of them had their stock market prices increase by more than 10 times since March 6, 2009.
Also, in the six years and ten months from December 31, 2007 before the 2008 financial meltdown to the most recent date October 31, 2014, the equally-company-weighted average stock market prices of these same 71 Georgia Companies have increased by an impressive 89%...... yeah, these Georgia Companies have not just recouped the massive amount they lost with the disastrous 2008 financial meltdown, but also added another 89%.
Below here are the stock market prices of each of these 71 Georgia Companies, overwhelmingly Atlanta Metro Area Companies, on October 31, 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 | |||
| Georgia Company | HQs | 10-31-14 | 3-6-09 | 12-31-07 | 10-31-14 | 3-6-09 | 10-31-14 | |
| $ | $ | $ | $ | $ | $ | |||
| Asbury Automotive Group | Duluth | GA | 70.04 | 2.40 | 15.05 | 2818% | -84% | 365% |
| Carmike Cinemas | Columbus | GA | 32.05 | 1.30 | 7.26 | 2365% | -82% | 341% |
| Gray Television | Atlanta | GA | 9.24 | 0.38 | 8.02 | 2332% | -95% | 15% |
| Oxford Industries | Atlanta | GA | 61.25 | 3.50 | 25.77 | 1650% | -86% | 138% |
| Fidelity Southern Corp | Atlanta | GA | 15.35 | 0.93 | 7.58 | 1554% | -88% | 103% |
| MiMedx Group | Marietta | GA | 10.18 | 0.68 | 6.35 | 1397% | -89% | 60% |
| Graphic Packaging Holding | Atlanta | GA | 12.13 | 0.85 | 3.69 | 1327% | -77% | 229% |
| Innotrac | Atlanta | GA | 8.19 | 0.60 | 3.61 | 1265% | -83% | 127% |
| Beazer Homes USA | Atlanta | GA | 17.93 | 1.45 | 37.15 | 1137% | -96% | -52% |
| Popeyes Louisiana Kitchen | Atlanta | GA | 46.35 | 3.92 | 11.32 | 1082% | -65% | 309% |
| Neenah Paper | Alpharetta | GA | 61.01 | 5.26 | 29.15 | 1060% | -82% | 109% |
| Manhattan Associates | Atlanta | GA | 40.11 | 3.53 | 6.59 | 1036% | -46% | 509% |
| Delta Airlines | Atlanta | GA | 40.23 | 4.06 | 14.89 | 891% | -73% | 170% |
| Saia Inc | Johns Creek | GA | 49.02 | 5.51 | 8.87 | 789% | -38% | 453% |
| Interface | Atlanta | GA | 16.03 | 1.98 | 16.32 | 710% | -88% | -2% |
| Mohawk Industries | Calhoun | GA | 142.04 | 18.24 | 74.40 | 679% | -75% | 91% |
| Newell Rubbermaid | Atlanta | GA | 33.33 | 4.71 | 25.88 | 608% | -82% | 29% |
| RPC Inc | Atlanta | GA | 16.40 | 2.41 | 5.20 | 581% | -54% | 215% |
| Acuity Brands | Atlanta | GA | 139.43 | 20.82 | 45.00 | 570% | -54% | 210% |
| Schweitzer-Mauduit Intl | Alpharetta | GA | 43.06 | 6.85 | 12.96 | 529% | -47% | 232% |
| Numerex | Atlanta | GA | 13.04 | 2.34 | 8.25 | 456% | -72% | 58% |
| Post Properties | Atlanta | GA | 55.94 | 10.15 | 35.12 | 451% | -71% | 59% |
| Home Depot | Atlanta | GA | 97.52 | 18.00 | 26.94 | 442% | -33% | 262% |
| Mueller Water Products | Atlanta | GA | 9.87 | 1.98 | 9.52 | 398% | -79% | 4% |
| Carter's | Atlanta | GA | 78.13 | 16.30 | 19.35 | 379% | -16% | 304% |
| Arris Group | Suwanee | GA | 30.02 | 6.37 | 9.98 | 371% | -36% | 201% |
| Galectin Therapeutics | Norcross | GA | 5.42 | 1.20 | 4.20 | 352% | -71% | 29% |
| AFLAC | Columbus | GA | 59.73 | 13.44 | 62.63 | 344% | -79% | -5% |
| Ocwen Financial | Atlanta | GA | 23.56 | 5.38 | 3.34 | 338% | 61% | 606% |
| Coca-Cola Enterprises | Atlanta | GA | 43.35 | 10.00 | 26.03 | 334% | -62% | 67% |
| Rock-Tenn | Norcross | GA | 51.15 | 11.88 | 12.71 | 331% | -7% | 303% |
| SunTrust Banks | Atlanta | GA | 39.14 | 9.36 | 62.49 | 318% | -85% | -37% |
| Heritage Financial Group | Albany | GA | 21.19 | 5.08 | 11.25 | 317% | -55% | 88% |
| Axiall | Atlanta | GA | 40.30 | 9.75 | 165.50 | 313% | -94% | -76% |
| Invesco Ltd | Atlanta | GA | 40.47 | 9.83 | 31.38 | 312% | -69% | 29% |
| NCR | Duluth | GA | 27.67 | 6.80 | 25.10 | 307% | -73% | 10% |
| Genuine Parts | Atlanta | GA | 97.08 | 25.55 | 46.30 | 280% | -45% | 110% |
| Equifax | Atlanta | GA | 75.74 | 20.21 | 36.36 | 275% | -44% | 108% |
| Cumulus Media | Atlanta | GA | 3.86 | 1.07 | 8.04 | 261% | -87% | -52% |
| Thomasville Bancshares | Thomasville | GA | 26.00 | 7.50 | 10.63 | 247% | -29% | 145% |
| IntercontinentalExchange Group | Atlanta | GA | 208.29 | 60.39 | 192.50 | 245% | -69% | 8% |
| Internap Network Services | Atlanta | GA | 8.01 | 2.42 | 8.33 | 231% | -71% | -4% |
| Rollins | Atlanta | GA | 31.87 | 9.67 | 12.80 | 229% | -24% | 149% |
| American Software | Atlanta | GA | 9.66 | 3.17 | 8.50 | 205% | -63% | 14% |
| AGCO Corp | Duluth | GA | 44.31 | 15.10 | 67.98 | 193% | -78% | -35% |
| Total System Services | Columbus | GA | 33.79 | 11.82 | 28.00 | 186% | -58% | 21% |
| Agilysys | Alpharetta | GA | 11.30 | 3.97 | 15.12 | 185% | -74% | -25% |
| Global Payments | Atlanta | GA | 80.50 | 28.34 | 46.52 | 184% | -39% | 73% |
| Haverty Furniture | Atlanta | GA | 22.01 | 7.75 | 8.99 | 184% | -14% | 145% |
| United Parcel Service | Atlanta | GA | 104.91 | 39.38 | 70.72 | 166% | -44% | 48% |
| Marine Products | Atlanta | GA | 8.44 | 3.21 | 7.01 | 163% | -54% | 20% |
| CryoLife | Kennesaw | GA | 10.26 | 4.10 | 7.95 | 150% | -48% | 29% |
| Ebix Inc | Atlanta | GA | 14.75 | 5.91 | 8.13 | 150% | -27% | 81% |
| Zep Inc | Atlanta | GA | 16.06 | 7.02 | 13.87 | 129% | -49% | 16% |
| Cousins Properties Inc | Atlanta | GA | 13.01 | 5.81 | 20.56 | 124% | -72% | -37% |
| Coca-Cola | Atlanta | GA | 41.88 | 19.55 | 30.69 | 114% | -36% | 36% |
| Southeastern Bank Financial | Augusta | GA | 25.50 | 12.00 | 31.36 | 113% | -62% | -19% |
| Citi Trends | Savannah | GA | 22.65 | 11.61 | 15.44 | 95% | -25% | 47% |
| Flower Foods | Thomasville | GA | 19.00 | 9.78 | 10.40 | 94% | -6% | 83% |
| Aaron's | Atlanta | GA | 24.76 | 12.78 | 11.51 | 94% | 11% | 115% |
| PRGX Global | Atlanta | GA | 5.29 | 2.85 | 8.57 | 86% | -67% | -38% |
| MedAssets | Alpharetta | GA | 21.66 | 13.28 | 23.94 | 63% | -45% | -10% |
| Premiere Global Services | Atlanta | GA | 10.47 | 7.03 | 14.85 | 49% | -53% | -29% |
| United Community Banks | Blairsville | GA | 18.03 | 12.20 | 79.00 | 48% | -85% | -77% |
| Gentiva Health Services | Atlanta | GA | 19.70 | 13.80 | 19.04 | 43% | -28% | 3% |
| Crawford & Co | Atlanta | GA | 10.18 | 7.14 | 4.15 | 43% | 72% | 145% |
| Synovus Financial | Columbus | GA | 25.36 | 18.55 | 73.71 | 37% | -75% | -66% |
| Charter Financial | West Point | GA | 11.34 | 8.82 | 34.48 | 29% | -74% | -67% |
| Bluelinx Holdings | Atlanta | GA | 1.20 | 1.36 | 3.93 | -12% | -65% | -69% |
| Cbeyond | Atlanta | GA | 9.99 | 13.04 | 38.99 | -23% | -67% | -74% |
| EarthLink Holdings | Atlanta | GA | 3.58 | 6.13 | 7.07 | -42% | -13% | -49% |
| Average % Change all 71 Georgia Companies | 490% | -55% | 89% | |||||
In addition to the above 71 Georgia Companies, below here are the 12 Georgia Companies filing Initial Public Offerings (IPOs) since 2009 which have experienced an average stock market price appreciation of a very impressive 88% above their initial offering price for the short period of time their common stocks have been trading:
| % | ||||||||
| Market | ||||||||
| Price | ||||||||
| 10-31-14 | Change | |||||||
| Stock | Initial | From | ||||||
| IPO | City | State | Market | Offering | Offering | |||
| Date | Georgia Company IPO | HQs | Sector | Industry | Price | Price | Price | |
| $ | $ | |||||||
| 12/15/10 | FleetCor Technologies | Norcross | GA | Services | Business Services | 150.56 | 23.00 | 555% |
| 4/1/10 | Primaerica | Duluth | GA | Financial | Life Insurance | 51.15 | 15.00 | 241% |
| 10/28/10 | ExamWorks Group | Atlanta | GA | Services | Business Services | 38.78 | 16.00 | 142% |
| 2/2/12 | Greenway Medical Technologies | Carrollton | GA | Healthcare | Information Technology | 20.35 | 10.00 | 104% |
| 6/27/13 | HD Supply Holdings | Atlanta | GA | Services | Industrial Equipment Wholesale | 28.84 | 18.02 | 60% |
| 2/10/10 | Piedmont Office Trust Realty | Johns Creek | GA | Financial | REIT-Office | 19.45 | 14.50 | 34% |
| 9/13/13 | OCI Resources LP | Atlanta | GA | Basic Materials | Industrial Metals & Minerals | 22.55 | 19.00 | 19% |
| 7/28/11 | Teavana Holdings | Atlanta | GA | Services | Specialty Retailer | $15.50 | 17.00 | -9% |
| 12/12/13 | CatchMark Timber Trust | Norcross | GA | Industrial Goods | REIT | 11.70 | 13.50 | -13% |
| 4/1/11 | Preferred Apartment Communities | Atlanta | GA | Financial | REIT-Apartments | 8.50 | 10.00 | -15% |
| 6/26/09 | Invesco Mortgage Capital | Atlanta | GA | Financial | REIT-Mortgage Investments | 16.54 | 20.00 | -17% |
| 4/22/10 | Alimera Sciences | Alpharetta | GA | Healthcare | Drug Manufacturers-Major | 5.70 | 11.00 | -48% |
| Total all 12 | 88% |
On the earnings front, Georgia Companies have performed exceptionally since the 2008 financial meltdown. I found 44 Georgia Companies with Stock Market Capitalizations now of at least $1 bil each and also with annual audited financial statements filed with the SEC which included audited earnings amounts for all years from 2008 through 2013.
The Total Audited 2013 Net Income from Continuing Operations of these 44 Georgia Companies was $42.1 bil, an increase of a phenomenal 864% from the comparable earnings of $4.4 bil in 2008, which was the very last year of the George W Bush/Dick Cheney Presidency.
In addition, the Total Audited Earnings of these 44 Georgia Companies in 2013 of $42.1 bil were up a very impressive 94% increase over the comparable earnings in 2007 of $21.7 bil, which was the peak year earnings before the disastrous effects of the 2008 financial meltdown hit......these 44 Georgia Companies not only recouped the earnings they lost with the financial meltdown, but they also added another 94% of earnings.
This miraculous earnings recovery for these 44 Georgia Companies from 2008 to the most recent 2013 occurred when the Democrats controlled the US Senate, when President Obama was in office and when there were very effective US Fed Chairpersons.
Below here are the Audited Net Income (Loss) From Continuing Operations for each of these 44 Georgia Companies 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 | ||
| Georgia Company | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
| $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | |||
| Delta Airlines | Atlanta | Dec 13 | 10,540 | 1,009 | 854 | (1,237) | (8,922) | 1,612 |
| Coca-Cola | Atlanta | Dec 13 | 8,626 | 9,086 | 8,648 | 6,906 | 5,874 | 6,027 |
| Home Depot | Atlanta | Jan 14 | 5,385 | 4,535 | 3,883 | 2,620 | 2,312 | 4,210 |
| United Parcel Service | Atlanta | Dec 13 | 4,372 | 807 | 3,804 | 2,152 | 3,003 | 382 |
| AFLAC | Columbus | Dec 13 | 3,158 | 2,866 | 1,937 | 1,497 | 1,254 | 1,634 |
| SunTrust Banks | Atlanta | Dec 13 | 1,361 | 1,984 | 660 | (1,552) | 807 | 1,647 |
| Invesco Ltd | Atlanta | Dec 13 | 918 | 569 | 612 | 209 | 421 | 887 |
| Rock-Tenn | Norcross | Dec 13 | 733 | 252 | 146 | 222 | 82 | 82 |
| Genuine Parts | Atlanta | Dec 13 | 685 | 648 | 565 | 400 | 475 | 506 |
| Coca-Cola Enterprises | Atlanta | Dec 13 | 667 | 677 | 749 | 576 | 514 | 524 |
| AGCO Corp | Duluth | Dec 13 | 592 | 516 | 585 | 136 | 386 | 233 |
| NCR | Duluth | Dec 13 | 456 | 475 | (98) | (30) | 230 | 171 |
| Newell Rubbermaid | Atlanta | Dec 13 | 420 | 392 | 187 | 286 | (50) | 482 |
| Mohawk Industries | Calhoun | Dec 13 | 367 | 251 | 178 | (1) | (1,453) | 714 |
| Equifax | Atlanta | Dec 13 | 360 | 281 | 242 | 241 | 279 | 279 |
| Ocwen Financial | Atlanta | Dec 13 | 294 | 181 | 78 | (3) | 19 | 39 |
| FleetCor Technologies | Norcross | Dec 13 | 285 | 216 | 147 | 89 | 97 | 62 |
| IntercontinentalExchange Group | Atlanta | Dec 13 | 270 | 562 | 522 | 314 | 301 | 241 |
| Global Payments | Atlanta | May 14 | 270 | 239 | 218 | 223 | 207 | 161 |
| Total System Services | Columbus | Dec 13 | 257 | 250 | 223 | 224 | 251 | 237 |
| Flower Foods | Thomasville | Dec 13 | 231 | 136 | 123 | 134 | 122 | 98 |
| Axiall | Atlanta | Dec 13 | 168 | 121 | 58 | 146 | (258) | (255) |
| RPC Inc | Atlanta | Dec 13 | 167 | 274 | 296 | (23) | 83 | 87 |
| Primerica | Duluth | Dec 13 | 163 | 174 | 157 | 495 | 168 | 594 |
| Carter's | Atlanta | Dec 13 | 160 | 161 | 114 | 116 | 78 | (76) |
| Synovus Financial | Columbus | Dec 13 | 159 | 830 | (61) | (1,434) | (580) | 338 |
| Graphic Packaging Holding | Atlanta | Dec 13 | 147 | 120 | 275 | 56 | (99) | (49) |
| Invesco Mortgage Capital | Atlanta | Dec 13 | 143 | 344 | 287 | 18 | - | |
| Acuity Brands | Atlanta | Aug 13 | 127 | 116 | 106 | 85 | 149 | 129 |
| Rollins | Atlanta | Dec 13 | 123 | 111 | 101 | 84 | 69 | 65 |
| Aaron's | Atlanta | Dec 13 | 121 | 173 | 114 | 113 | 86 | 73 |
| Cousins Properties Inc | Atlanta | Dec 13 | 112 | 28 | (132) | 29 | 24 | 18 |
| Asbury Automotive Group | Duluth | Dec 13 | 101 | 83 | 47 | 24 | (323) | 46 |
| Post Properties | Atlanta | Dec 13 | 81 | 83 | 25 | (96) | (96) | 107 |
| Schweitzer-Mauduit Intl | Alpharetta | Dec 13 | 78 | 104 | 92 | 36 | 1 | 11 |
| Piedmont Office Trust Realty | Johns Creek | Dec 13 | 71 | 60 | 84 | 63 | 118 | 99 |
| Manhattan Associates | Atlanta | Dec 13 | 67 | 52 | 45 | 17 | 23 | 31 |
| Interface | Atlanta | Dec 13 | 48 | 23 | 38 | 13 | (35) | 59 |
| Saia Inc | Johns Creek | Dec 13 | 44 | 32 | 11 | (9) | (20) | 17 |
| Mueller Water Products | Atlanta | Sep 13 | 35 | (5) | (10) | (997) | 42 | 48 |
| MedAssets | Alpharetta | Dec 13 | 27 | (7) | (15) | 20 | 11 | 6 |
| ExamWorks Group | Carrollton | Dec 13 | (10) | (15) | (8) | (4) | (2) | - |
| Arris Group | Suwanee | Dec 13 | (49) | 53 | (18) | 91 | (130) | 92 |
| HD Supply Holdings | Atlanta | Jan 14 | (209) | (1,197) | (562) | (481) | (1,148) | |
| Total all 44 Georgia Companies | 42,121 | 27,650 | 25,307 | 11,768 | 4,370 | 21,668 | ||
| Annual Earnings % Change | ||||||||
| …..2013 Over 2008 | 864% | |||||||
| …..2013 Over 2007 | 94% |
And lastly, below here is some recent research I did on Georgia's Non-Profit Hospitals:
Michelle Nunn is Right in Supporting Medicaid Expansion in Georgia
