Saturday, November 1, 2014

Michigan Company Stock Market Prices Up 801% Since March 6, 2009, an Explosive Spike Up in Just the Past Two Weeks..... Michigan Company Audited Profits Were $91 Bil in 3 Years 2011 Through 2013 vs Losses of $109 Bil in 3 Years 2007 Through 2009..... Michigan Unemployment Rate Drops Sharply From 14.1% in October 2009 to 7.2% in September 2014

Since the Michigan US Senate Race is very competitive, I think it would be helpful to update how Michigan Companies have done on the stock market price front since March 6, 2009, which was the very bottom point of the US Stock Market due to the spillover effects resulting from the disastrous 2008 financial meltdown.

During this five years and eight months period of time from March 6, 2009 through October 31, 2014, both Michigan US Senators were Democrats and Democratic Senate candidate Gary Peters was serving Michigan in the US House.

I found 44 Michigan 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.
I also included 3 Michigan Companies which were sold in 2014 and 1 Michigan Company whose common stock first started trading in 2008.  That makes a total of 48 Michigan Companies shown below.

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

These 48 Michigan Companies had their average equal-company-weighted stock market prices decline by a massive 65% 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 48 Michigan Companies have increased by a phenomenal 801%, the second highest percentage increase of all US States, with only Indiana being higher.

This 801% Michigan Company average stock market price increase is a massive step up in percentage increase from that of just two weeks ago, where the average increase was a much lower 741% from March 6, 2009 to October 17, 2014.   

Six of these 48 Michigan Companies had their stock market prices increase by more than 24 times since March 6, 2009.

Below here are the stock market prices of each of these 48 Michigan 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
Michigan Company HQs
10-31-14 3-6-09 12-31-07 10-31-14 3-6-09 10-31-14



$s $s $s











TRW Automotive Livonia MI     101.35        1.60      20.90 6234% -92% 385%
American Axle Detroit MI      19.33        0.40      18.62 4733% -98% 4%
La-Z-Boy Monroe MI      22.86        0.60        7.93 3710% -92% 188%
TriMas Corp Bloomfield Hills  MI       31.66        1.04      10.59 2944% -90% 199%
Valassis Communications Livonia MI      34.02        1.28      11.69 2558% -89% 191%
Meritor Inc Troy MI      11.49        0.45      11.73 2453% -96% -2%
Gentherm Northville MI      41.70        2.29      21.14 1721% -89% 97%
Domino's Pizza Ann Arbor MI      88.79        5.88      13.23 1410% -56% 571%
Penske Automotive Group Bloomfield Hills MI      45.24        5.03      17.46 799% -71% 159%
Perrigo Allegan MI     161.45      18.94      33.98 752% -44% 375%
Whirlpool Benton Harbor MI     172.05      20.19      81.63 752% -75% 111%
Ford Motor Dearborn MI      14.09        1.70        6.73 729% -75% 109%
Credit Acceptance Corp Southfield MI     147.56      18.19      20.67 711% -12% 614%
Sun Communities Southfield MI      57.97        7.71      21.07 652% -63% 175%
BorgWarner Auburn Hills MI      57.02        7.59      24.21 651% -69% 136%
Dow Chemical Midland MI      49.40        7.11      39.42 595% -82% 25%
Mercantile Bank Grand Rapids MI      19.73        3.17      15.50 522% -80% 27%
Masco Taylor MI      22.07        3.90      21.61 466% -82% 2%
Taubman Centers Bloomfield Hills MI      76.05      13.56      49.19 461% -72% 55%
Federal-Mogul Southfield MI      15.61        2.96      20.25 427% -85% -23%
Neogen Lansing MI      43.90        8.40      11.80 423% -29% 272%
Firstbank Alma MI      21.59        4.50      13.82 380% -67% 56%
Syntel Troy MI      86.61      18.11      38.52 378% -53% 125%
Steelcase Grand Rapids MI      17.72        3.89      15.87 356% -75% 12%
Gentex Zeeland MI      32.74        7.21      17.77 354% -59% 84%
Ramco-Gershenson Properties Trust Farmington Hills MI      17.48        3.88      21.37 351% -82% -18%
Wolverine World Wide Rockford MI      27.14        6.69      12.26 306% -45% 121%
Herman Miller Zeeland MI      32.00        8.29      32.39 286% -74% -1%
MBT Financial Monroe MI        4.65        1.40        8.82 232% -84% -47%
Con-Way Ann Arbor MI      43.37      13.36      41.54 225% -68% 4%
Rockwell Medical Wixom MI        8.72        2.89        7.18 202% -60% 21%
Agree Realty  Farmington Hills MI      30.61      10.50      30.10 192% -65% 2%
Kelly Services Troy MI      17.63        6.30      18.66 180% -66% -6%
Stryker Kalamazoo MI      87.53      32.01      74.72 173% -57% 17%
Macatawa Bank Holland MI        5.21        1.96        8.59 166% -77% -39%
Universal Forest Products Grand Rapids MI      49.97      19.82      29.46 152% -33% 70%
PulteGroup Bloomfield Hills MI      19.19        7.90      10.54 143% -25% 82%
Universal Truckload Services Warren MI      26.32      11.26      19.16 134% -41% 37%
Spartan Motors Charlotte MI        5.69        2.44        7.64 133% -68% -26%
Chemical Financial Midland MI      29.78      15.86      23.79 88% -33% 25%
Compuware Detroit MI      10.15        5.79        8.88 75% -35% 14%
Kellogg Battle Creek MI      63.96      37.16      52.43 72% -29% 22%
Rofin-Sinar Technologies Plymouth MI      22.39      13.05      48.11 72% -73% -53%
United Bancorp Ann Arbor MI      12.10        7.25      17.00 67% -57% -29%
SpartanNash Grand Rapids  MI      22.41      14.12      22.85 59% -38% -2%
Independent Bank Ionia MI      12.07        9.60      95.00 26% -90% -87%
Meadowbrook Insurance Group Southfield MI        6.37        5.46        9.41 17% -42% -32%
Flagstar Bancorp Troy MI      15.72      62.00     697.00 -75% -91% -98%









Average % Change all 48




801% -65% 82%

There were 34 Michigan Companies with Stock Market Capitalizations now of at least $1 bil each and also with annual audited financial statements filed with the SEC in all years from 2008 through 2013.

The Total Audited Net Income from Continuing Operations for the 3 Years 2013, 2012 and 2011 Combined of these 34 Michigan Companies was a massive $91.4 bil, a massive Earnings Improvement of $200 bil from the comparable Total Audited Losses for the 3 years 2009, 2008 and 2007 Combined of $108.6 bil for these same 34 Michigan Companies.

This miraculous earnings recovery for these 34 Michigan Companies from 2007 to the most recent 2013 occurred when both Michigan US Senators were Democrats, when the Democrats controlled the US Senate, when President Obama was in office and when there were very effective US Fed Leaders.

Below here are the Audited Net Income (Loss) From Continuing Operations for each of these 34 Michigan Companies for 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
Michigan Company HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)

 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils









Ford Motor Dearborn Dec 13          7,148          5,664        20,222          2,712     (14,833)        (2,819)
General Motors Detroit Dec 13          5,331          6,136          9,287     (22,938)     (31,051)     (42,685)
Dow Chemical Midland Dec 13          4,816          1,100          2,784              566              626          2,962
PulteGroup Bloomfield Hills Dec 13          2,620              206           (210)        (1,183)        (1,473)        (2,274)
Kellogg Battle Creek Dec 13          1,808              961              864          1,208          1,146          1,102
Delphi Automotive PLC Troy Dec 13          1,301          1,160          1,223           (822)        (1,984)        (1,692)
TRW Automotive Livonia Dec 13          1,007          1,041          1,195                73           (764)              109
Stryker Kalamazoo Dec 13          1,006          1,298          1,345          1,107          1,148              987
Whirlpool Benton Harbor Dec 13              849              425              408              354              447              669
BorgWarner Auburn Hills Dec 13              651              522              571                36              (19)              317
Ally Financial Detroit Dec 13              416          1,370           (219)        (3,370)          4,863        (1,950)
Masco Taylor Dec 13              323              (18)           (352)           (102)           (327)              539
Credit Acceptance Corp Southfield Dec 13              253              220              188              146                67                54
Penske Automotive Group Bloomfield Hills Dec 13              251              196              176                84           (411)              121
Gentex Zeeland Dec 13              223              169              165                65                62              122
Syntel Troy Dec 13              220              186              123              118                87                63
Perrigo Allegan Jun 14              205              442              393              224              141              140
Taubman Centers Bloomfield Hills Dec 13              189              158              141              (79)                (8)              116
Domino's Pizza Ann Arbor Dec 13              143              112              105                38                54                80
Valassis Communications Livonia Dec 12              119              113              385                67           (210)                52
Wolverine World Wide Rockford Dec 13              101                81              123                62                96                93
Federal-Mogul Southfield Dec 13              101              (91)              (56)              (33)           (465)          1,408
Con-Way Ann Arbor Dec 13                99              105                88           (108)                65              154
American Axle Detroit Dec 13                95              367              137           (253)        (1,225)                37
Steelcase Grand Rapids Feb 14                88                39                57              (14)              (12)              133
TriMas Corp Bloomfield Hills Dec 13                79                36                51                13           (124)           (162)
La-Z-Boy Monroe Apr 14                60                47                84                32           (122)                (8)
Compuware Detroit Mar 14                38                25                63              141              140              134
Gentherm Northville Dec 13                35                24                11                  0                  4                  7
Neogen Lansing May 14                28                27                22                18                14                12
Sun Communities Southfield Dec 13                20                  8                (1)                (7)              (28)              (18)
Ramco-Gershenson Properties Trust Farmington Hills Dec 13                  8                  7              (29)                13                27                45
Meritor Inc Troy Sep 13              (20)                63                80                12           (738)              (46)
Herman Miller Zeeland May 14              (22)                68                75                28                68              152









Total all 34 Michigan Companies

       29,589        22,267        39,499     (21,792)     (44,739)     (42,046)









Annual Earnings (Losses)







....2013, 2012 and 2011 Combined    
       91,355




....2009, 2008 and 2007 Combined    
  (108,577)





And the link below here has some research I performed on Michigan Non-Profit Hospitals.

Gary Peters Has Been Dead on On Health Care All Along the Way