Saturday, October 18, 2014

Illinois Company 2013 Audited Earnings Up 257% Over 2008

Since President Barack Obama is campaigning for Illinois Governor Pat Quinn tomorrow Sunday, October 19, 2014 in Chicago, and also since President Obama is holding a DNC Fundraiser on Monday, October 20, 2014 also in Chicago, I think it would be helpful to research how the 69 Illinois Headquartered Companies with Market Capitalizations now of at least $2 bil each and with annual audited financial statements filed with the SEC in all years from 2008 through 2013 have done on the earnings front.

The Total Audited 2013 Net Income from Continuing Operations of these 69 Illinois Companies was a massive $61.3 bil, an increase of a very impressive 257% from the comparable earnings of $17.2 bil in 2008, which was the very last year of the George W Bush/Dick Cheney Presidency.

This exceptionally strong earnings recovery for these 69 Illinois Companies from 2008 to the most recent 2013 occurred when Pat Quinn was the Illinois Governor.

These 69 largest Illinois Companies include the combined Abbott Labs and AbbVie, both of which resulted from the recent Abbott Labs spinoff.  In like manner, these 69 also include Mondelez, Intl. and Kraft Foods Group, also resulting from the recent Kraft Foods spinoff.  Accenture is also included in the 69 below below since it has such substantial operations in the Chicago area, even though it legally is headquartered overseas primarily for income tax reasons.  And the large HSBC Finance Corp, headquartered in the Chicago area, is also included in the 69 below even though its common stock doesn't trade, but because it files its financial statements with the SEC since it has both publicly-traded Preferred Stock and many publicly-traded Notes and also since its Total Stockholders' Equity exceeds $6.6 bil.

Below here are the Audited Net Income (Loss) From Continuing Operations for each of these 69 Illinois 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


FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
Illinois Company HQs
mil $s mil $s mil $s mil $s mil $s mil $s








Abbott Labs&AbbVie Combined Abbott Park&North Chicago Dec 13          6,511          5,963          4,728          5,746          4,734          3,606
McDonald's Oak Brook Dec 13          5,586          5,465          5,503          4,551          4,313          2,335
Mondelez&Kraft Foods Combined Deerfield&Northfield Dec 13          4,747          3,248          3,547          2,810          1,678          2,343
Boeing Chicago Dec 13          4,586          3,903          4,011          1,335          2,654          4,058
Caterpillar Peoria Dec 13          3,803          5,722          4,981              827          3,585          3,578
Accenture Chicago Aug 13          3,555          2,825          2,553          1,938          2,197          1,723
Deere Moline Oct 13          3,538          3,072          2,808              874          2,053          1,822
Discover Financial Services Riverwoods Dec 13          2,470          2,345          2,227          1,276          1,063              964
Walgreen Co Deerfield Aug 13          2,450          2,127          2,714          2,006          2,157          2,041
Allstate Northbrook Dec 13          2,280          2,306              787              854        (1,679)          4,636
Baxter Intl Deerfield Dec 13          2,012          2,326          2,256          2,215          2,025          1,721
Illinois Tool Works Glenview Dec 13          1,630          2,233          1,775              969          1,691          1,828
CF Industries Deerfield Dec 13          1,533          1,923          1,761              449              802              427
Archer Daniels Midland Decatur Dec 13          1,354          1,392          1,242          1,688          1,786          2,162
Motorola Solutions Schaumburg Dec 13          1,105              878              741              (88)        (4,240)              (91)
CME Group Chicago Dec 13              978              907          1,814              826              716              659
Dover Downers Grove Dec 13              966              833              773              372              695              670
CNA Financial Chicago Dec 13              937              628              629              483           (251)              905
WW Grainger Lake Forest Dec 13              808              699              666              431              475              420
Brunswick Lake Forest Dec 13              775              147                91           (586)           (788)                80
Northern Trust Chicago Dec 13              731              687              604              864              795              727
HSBS Finance Corp Mettawa Dec 13              713        (2,405)        (2,326)        (7,450)        (2,751)        (4,378)
Mead Johnson Nutrition Glenview Dec 13              655              612              519              411              401              430
United Continental Chicago Dec 13              571           (723)              840           (651)        (5,396)              360
Terra Nitrogen Co. LP Deerfield Dec 13              502              561              508              144              422              206
Ventas Chicago Dec 13              490              307              361              198              178              138
Old Republic Intl Chicago Dec 13              448              (69)           (141)              (99)           (558)              272
Packaging Corp America Lake Forest Dec 13              436              164              158              266              136              170
Ingredion Inc Westchester Dec 13              403              434              423                47              275              203
Beam Suntory Inc Deerfield Dec 13              366              403              120              247                93              774
Stericycle Lake Forest Dec 13              313              270              237              176              149              119
LKQ Corp Chicago Dec 13              312              261              210              127                97                64
General Growth Properties Chicago Dec 13              307           (462)           (194)           (527)              (78)              295
Catamaran Lisle Dec 13              299              121                92                46                15                13
Jones Lang LaSalle Chicago Dec 13              273              209              166                (3)                87              260
Arthur J Gallagher Itasca Dec 13              269              195              144              133              111              155
IDEX Corp Lake Forest Dec 13              255                38              194              113              127              154
Molex Lisle Jun 13              244              281              299           (321)              215              241
Tenneco Lake Forest Dec 13              222              304              183              (54)           (405)                  5
RR Donnelley & Sons Chicago Dec 13              218           (654)           (121)              (21)           (185)              (45)
Hillshire Brands Chicago Jun 14              212              184              (20)              642              225           (276)
Hyatt Hotels Chicago Dec 13              205                87              111              (45)              114              266
Ulta Salon, Cosmetics & Fragrances Bolingbrook Jan 14              203              173              120                39                25                25
Anixter Intl Glenview Dec 13              200              125              201              (29)              188              246
CBOE Holdings Chicago Dec 13              176              157              139              106              115                83
Aptar Group Crystal Lake Dec 13              172              162              184              125              154              139
GATX Chicago Dec 13              169              137              111                81              195              184
Telephone & Data Systems Chicago Dec 13              167              123              250              254              123              416
Middleby Elgin Dec 13              154              121                95                61                64                53
DeVry Education Group Downers Group Jun 14              152              126              170              280              166              126
United States Cellular Chicago Dec 13              145              141              199              238                58              330
Wintrust Financial Rosemont Dec 13              137              111                78                73                20                56
Zebra Technologies Lincolnshire Dec 13              134              122              130                47              (38)              110
CDW Corp Vernon Hills Dec 13              133              119                17           (373)        (1,765)              134
KapStone Paper & Packaging Northbrook Dec 13              127                63              124                80                20                27
Morningstar Chicago Dec 13              123              103                98                82                93                74
PrivateBancorp Chicago Dec 13              123                78                45              (30)              (93)                11
MB Financial Chicago Dec 13                98                90                39              (33)                16                61
Treehouse Foods Oak Brook Dec 13                87                88                94                81                29                42
Equity LifeStyle Properties Chicago Dec 13                77                64                42                51                39                44
Akorn Lake Forest Dec 13                52                35                43              (25)                (8)              (19)
USG Corp Chicago Dec 13                48           (182)           (396)           (787)           (463)                77
Strategic Hotels & Resorts Chicago Dec 13                  7              (59)           (106)           (237)           (335)              105
Hospira Lake Forest Dec 13                (8)                44                (9)              404              321              137
Century Aluminum Chicago Dec 13              (40)              (36)                11           (206)           (895)           (106)
Retail Properties America Oak Brook Dec 13              (43)              (14)              (71)           (135)           (689)                  2
Allscripts Healthcare Solutions Chicago Dec 13           (104)                (1)                74                63                26                25
Equity Residential Chicago Dec 13           (168)              160              (73)                28              (13)                21
Sears Holdings Hoffman Estates Jan 14        (1,116)        (1,054)        (3,120)              297                99              902









Total all 69

       61,273        50,743        46,463        23,754        17,185        39,345









Annual Earnings Increase %







…..2013 Over 2008
257%




…..2013 Over 2007
56%









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