I found 8 New Hampshire State Headquartered Companies with Stock Market Capitalizations now of at least $100 mil each and with annual audited financial statements filed with the SEC covering all years from 2008 to 2013.
The Total Audited Net Income from Continuing Operations of these 8 New Hampshire Companies for the 2 Most Recent Years 2012 and 2013 combined totaled $611.6 mil, up an incredibly off-the-charts 919% as compared with the Total Audited Net Losses from Continuing Operations for the 2 Years 2008 and 2009 combined of $74.6 mil.
This incredibly off-the-charts earnings resurrection for these 8 New Hampshire Companies from 2008 and 2009 to the most recent 2013 occurred when Jeanne Shaheen was a New Hampshire US Senator, when the US Senate was under Democratic control, when Barack Obama was US President and when the US Federal Reserve was headed by two brilliant Chairpersons. The US financial meltdown occurred in late 2008 when George W. Bush was US President.
Below here are the Audited Net Income (Losses) of each of these 8 New Hampshire Companies for each of the following five years: 2013, 2012, 2011, 2009 and 2008:
2013 | 2012 | 2011 | 2009 | 2008 | |||
Audited | Audited | Audited | Audited | Audited | |||
Most | Net | Net | Net | Net | Net | ||
Recent | Income | Income | Income | Income | Income | ||
City | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | |
New Hampshire Company | HQs | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | |
White Mountains Insurance | Hanover | Dec 13 | 268,300 | 278,500 | 208,000 | 579,500 | (629,700) |
Standex Intl | Salem | Jun 14 | 49,749 | 44,054 | 45,896 | 27,960 | (1,890) |
PC Connection | Merrimack | Dec 13 | 35,682 | 33,071 | 28,787 | (1,222) | 10,366 |
Albany Intl | Rochester | Dec 13 | 17,704 | (40,843) | 21,266 | (22,380) | (84,858) |
New Hampshire Thrift Bancshares | Newport | Dec 13 | 8,414 | 7,759 | 7,669 | 6,598 | 5,725 |
iCAD | Nashua | Dec 13 | (7,608) | (9,374) | (37,587) | (1,968) | 4,356 |
Bottomline Technologies | Portsmouth | Jun 14 | (19,104) | (14,395) | 1,705 | 3,954 | (12,288) |
Sprague Resources LP | Portsmouth | Dec 13 | (27,500) | (12,831) | 29,572 | 19,744 | 21,472 |
Total all 8 | 325,637 | 285,941 | 305,308 | 612,186 | (686,817) | ||
Two Year Total Earnings | |||||||
…..2012 and 2013 | 611,578 | ||||||
…..2008 and 2009 | (74,631) | ||||||
…..% Increase | 919% |
Also, I found 8 Companies Headquartered in New Hampshire 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 October 10, 2014
These 8 New Hampshire Companies had their equally-company-weighted average stock market prices decline by a massive 60% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's and Jeanne Shaheen's first terms, 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 seven months since March 6, 2009 through October 10, 2014, the equally-company-weighted average stock market prices of these same 8 New Hampshire Companies have increased by a exceptional 393%. All 8 New Hampshire Companies had their stock market prices more than double in the most recent five years and seven months.
Thus in the six years and nine months from December 31, 2007 before the 2008 financial meltdown to the most recent date October 10, 2014, the equally-company-weighted average stock market prices of these same 8 New Hampshire Companies have increased by a very impressive 87%...... yeah, these 8 New Hampshire Companies have not just recouped what they lost with the 2008 financial meltdown, but also added another 87%.
Below here are the stock market prices of each of these 8 New Hampshire Companies on October 10, 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 | ||
HQs | 10-10-14 | 3-6-09 | 12-31-07 | 10-10-14 | 3-6-09 | 10-10-14 | |
$s | $s | $s | |||||
New Hampshire Company | |||||||
Standex Intl | Salem | 70.81 | 8.55 | 17.45 | 728% | -51% | 306% |
PC Connection | Merrimack | 21.58 | 3.07 | 11.35 | 603% | -73% | 90% |
Albany Intl | Rochester | 32.57 | 5.15 | 37.10 | 532% | -86% | -12% |
Bottomline Technologies | Portsmouth | 25.86 | 5.07 | 14.00 | 410% | -64% | 85% |
Centrix Bank & Trust | Bedford | 40.88 | 9.20 | 14.25 | 344% | -35% | 187% |
White Mountains Insurance | Hanover | 631.15 | 165.00 | 514.05 | 283% | -68% | 23% |
New Hampshire Thrift Bancshares | Newport | 15.86 | 6.51 | 12.40 | 144% | -48% | 28% |
iCAD | Nashua | 8.95 | 4.45 | 10.10 | 101% | -56% | -11% |
Average % Change all 8 New Hampshire Companies | 393% | -60% | 87% |
On the employment front, from the US Bureau of Labor Statistics, the seasonally adjusted unemployment rate of New Hampshire nearly doubled from 3.4% in December 2007 to 6.7% in October 2009, early in President Obama's and Jeanne's Shaheen's first terms, 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, and with much help from Jeanne Shaheen, and also with the major economic boost due to the Quantitative Easing by the US Fed, the New Hampshire Unemployment Rate declined sharply from 6.7% in October 2009 to 4.4% in the most recently reported August 2014.
New Hampshire Citizens must be very pleased with both the outstanding performance of nearly all of their New Hampshire Companies as well as the substantial drop in the New Hampshire Unemployment Rate during the Obama Administration and during Jeanne Shaheen's first term as a New Hampshire US Senator.