Bernanke will be delivering a key economic presentation at the University of Southern Indiana in Evansville, Indiana on March 23, 2015. It is open to the public and free of charge.
Thus, as a backdrop for this upcoming speech and continuing a much deserved tribute to Bernanke's key role in helping the US avoid a Deep, Prolonged Financial Depression, I think it would be helpful to update just what has been going on with New Jersey Company Audited Earnings in the most recent three years.
From a very thorough review of SEC filings and Google's excellent financial website, I found 35 Companies headquartered in New Jersey with Stock Market Capitalizations now of at least $3 bil.
So just how have these 35 largest New Jersey Companies done on the audited earnings front in the most recent three years? Just exceptionally well.
The Total Audited Net Income from Continuing Operations of these 35 largest New Jersey Companies was a massive $52.057 bil in their Most Recent Fiscal Years Ending in 2014, an increase of a very impressive 33% over these same companies total earnings only one year earlier in 2013 and 64% above these same companies total earnings only two years earlier in 2012.
Below here are these Earnings for 2014, 2013 and 2012 for each of these 35 New Jersey Companies:
| 2014 | 2013 | 2012 | |||
| Audited | Audited | Audited | |||
| Net | Net | Net | |||
| 2014 | Income | Income | Income | ||
| New Jersey Company | HQs | FYE | (Loss) | (Loss) | (Loss) |
| mil $s | mil $s | mil $s | |||
| Johnson & Johnson | New Brunswick | Dec | 16,323 | 13,831 | 10,514 |
| Merck | Whitehouse Station | Dec | 11,934 | 4,517 | 6,299 |
| Honeywell | Morristown | Dec | 4,329 | 3,962 | 2,931 |
| Chubb | Warren | Dec | 2,100 | 2,345 | 1,545 |
| Celgene | Summit | Dec | 2,000 | 1,450 | 1,456 |
| Automatic Data Processing | Roseland | Jun | 1,503 | 1,358 | 1,375 |
| Cognizant Technology Solutions | Teaneck | Dec | 1,439 | 1,229 | 1,051 |
| Prudential Financial | Newark | Dec | 1,426 | (567) | 555 |
| Everest Re Group Ltd | Liberty Corner | Dec | 1,258 | 1,265 | 829 |
| Becton Dickinson | Franklin Lakes | Sep | 1,185 | 929 | 1,110 |
| CIT Group | Livingston | Dec | 1,079 | 650 | (532) |
| Bed Bath & Beyond | Union | Feb | 1,022 | 1,038 | 990 |
| Ingersoll-Rand | Piscataway | Sep | 916 | 641 | 792 |
| Arch Capital Group Ltd | Jersey City | Dec | 821 | 710 | 593 |
| Tyco Intl | Princeton | Sep | 795 | 440 | (413) |
| Campbell Soup | Camden | Jul | 726 | 680 | 724 |
| Quest Diagnostics | Madison | Dec | 587 | 848 | 666 |
| Zoetis | Florham Park | Dec | 587 | 503 | 436 |
| Wyndham Worldwide | Parsippany | Dec | 529 | 433 | 399 |
| Church & Dwight | Ewing | Dec | 414 | 394 | 350 |
| Verisk Analytics | Jersey City | Dec | 371 | 342 | 317 |
| WABCO Holdings | Piscataway | Dec | 301 | 662 | 313 |
| Dun & Bradstreet | Short Hills | Dec | 298 | 262 | 297 |
| CR Bard | Murray Hill | Dec | 295 | 690 | 530 |
| Sealed Air | Elmwood Park | Dec | 258 | 94 | (1,618) |
| Pinnacle Foods | Parsippany | Dec | 248 | 89 | 53 |
| Covance | Princeton | Dec | 186 | 179 | 95 |
| Curtiss-Wright | Parsippany | Dec | 170 | 138 | 92 |
| John Wiley & Sons | Hoboken | Apr | 161 | 144 | 213 |
| Hudson City Bancorp | Paramus | Dec | 158 | 185 | 249 |
| Realogy Holdings | Madison | Dec | 147 | 443 | (540) |
| Cytec Industries | Woodland Park | Dec | 144 | 172 | 76 |
| NPS Pharmaceuticals | Bedminster | Dec | (9) | (14) | (19) |
| Pacira Pharmaceutics | Parsippany | Dec | (14) | (64) | (52) |
| Actavis | Parsippany | Dec | (1,630) | (751) | 98 |
| Total all 35 | 52,057 | 39,227 | 31,774 | ||
| Annual Earnings % Increase: | |||||
| …2014 Over 2013 | 33% | ||||
| …2014 Over 2012 | 64% |
