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 Stock Market Prices for Companies in each US State since March 6, 2009, the lowest point for the overall US Stock Market resulting from the aftershocks of the horrific late 2008 US Financial Meltdown, through the most recent date March 13, 2015......a roughly six year period of time.
Long-term Audited Earnings From Continuing Operations Under US Generally Accepted Accounting Principles (GAAP) drive Long-Term Changes in Stock Market Prices. These Company Earnings crashed with the late 2008 US Financial Meltdown and thus the linked Stock Market Prices of the related Companies also crashed.
But since the 2008 US Financial Meltdown, these Earnings have been consistently exceptional and thus the Stock Market Prices of the related Companies have also consistently exploded upwardly in the past six years.
This is the dilemma faced by the current US Fed ..... raise US interest rates or continue former US Fed Chair Ben Bernanke's economic policies which have continued to spur Company Earnings and thus also Company Stock Market Prices.
I think the current US Fed should tweak Bernanke's economic policies some to try to more effectively deal with income and wealth inequality, but why in the world would you want to alter them significantly since they have been so incredibly successful?
And the US Congress, and frankly also US Companies, just have to do a much better job addressing income and wealth inequality.
Below here are the huge number of 118 Pennsylvania Headquartered Companies with Stock Market Caps now above $100 mil and which have had their common stocks trading from December 31, 2007, or early in 2008 for companies first going public then, through the most recent date March 13, 2015, or the date the Companies were sold, if they were sold since the beginning of 2014.
| 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 | |||
| Pennsylvania Company | HQs | 3-13-15 | 3-6-09 | 12-31-07 | 3-13-15 | 3-6-09 | 3-13-15 | |
| Targa Energy LP | Pittsburgh | PA | 32.00 | 0.79 | 24.82 | 3951% | -97% | 29% |
| Rite Aid | Camp Hill | PA | 7.45 | 0.22 | 2.79 | 3286% | -92% | 167% |
| HFF Inc | Pittsburgh | PA | 39.91 | 1.23 | 7.74 | 3145% | -84% | 416% |
| Radian Group | Philadelphia | PA | 16.32 | 0.96 | 11.68 | 1600% | -92% | 40% |
| Quaker Chemical Corp | Conshohocken | PA | 84.09 | 5.15 | 21.97 | 1533% | -77% | 283% |
| CubeSmart | Malvern | PA | 23.46 | 1.50 | 9.16 | 1464% | -84% | 156% |
| Dorman Products | Colmar | PA | 46.07 | 3.39 | 7.15 | 1259% | -53% | 545% |
| Kulicke & Soffa Industries | Fort Washington | PA | 16.11 | 1.22 | 6.86 | 1220% | -82% | 135% |
| Entercom Communications | Bala Cynwyd | PA | 12.14 | 0.93 | 13.69 | 1205% | -93% | -11% |
| ViroPharma | Exton | PA | 49.960 | 4.080 | 7.940 | 1125% | -49% | 529% |
| Lannett Company | Philadelphia | PA | 65.03 | 5.38 | 3.09 | 1109% | 74% | 2005% |
| Lincoln National | Radnor | PA | 57.64 | 5.40 | 58.22 | 967% | -91% | -1% |
| Targa Pipeline Partners LP | Pittsburgh | PA | 26.63 | 2.65 | 42.85 | 905% | -94% | -38% |
| Pennsylvania REIT | Philadelphia | PA | 22.43 | 2.47 | 29.68 | 808% | -92% | -24% |
| TE Connectivity Ltd | Berwyn | PA | 71.04 | 7.88 | 37.13 | 802% | -79% | 91% |
| Safeguard Scientifics | Wayne | PA | 18.91 | 2.22 | 10.80 | 752% | -79% | 75% |
| Westinghouse Air Brake Technolgies | Wilmerding | PA | 93.49 | 12.03 | 17.22 | 677% | -30% | 443% |
| PPG Industries | Pittsburgh | PA | 227.91 | 29.42 | 70.23 | 675% | -58% | 225% |
| Vishay Intertechnology | Malvern | PA | 13.62 | 1.82 | 9.23 | 648% | -80% | 48% |
| EnerSys | Reading | PA | 64.43 | 8.74 | 24.96 | 637% | -65% | 158% |
| Unisys | Blue Bell | PA | 23.20 | 3.30 | 47.30 | 603% | -93% | -51% |
| Universal Health Services | King of Prussia | PA | 114.08 | 16.44 | 25.60 | 594% | -36% | 346% |
| AmeriourceBergen | Chesterbrook | PA | 106.15 | 15.36 | 22.44 | 591% | -32% | 373% |
| Armstrong World Industries | Lancaster | PA | 55.98 | 10.22 | 40.11 | 448% | -75% | 40% |
| PH Glatfelter | York | PA | 25.48 | 4.79 | 15.31 | 432% | -69% | 66% |
| Dick's Sporting Goods | Coraopolis | PA | 56.88 | 10.77 | 27.76 | 428% | -61% | 105% |
| Sunoco Logistics Partners LP | Philadelphia | PA | 41.42 | 7.97 | 8.36 | 420% | -5% | 395% |
| PNC Financial Services | Pittsburgh | PA | 95.69 | 18.51 | 65.65 | 417% | -72% | 46% |
| Endo Health Solutions | Malvern | PA | 87.33 | 17.11 | 26.67 | 410% | -36% | 227% |
| Comcast | Philadelphia | PA | 59.05 | 11.63 | 18.26 | 408% | -36% | 223% |
| Bon-Ton Stores | York | PA | 6.03 | 1.20 | 9.49 | 403% | -87% | -36% |
| Mylan | Canonsburg | PA | 59.76 | 11.97 | 14.06 | 399% | -15% | 325% |
| Destination Maternity | Philadelphia | PA | 14.27 | 2.90 | 8.70 | 393% | -67% | 64% |
| Hersha Hospitality Trust | Philadelphia | PA | 6.50 | 1.35 | 9.50 | 381% | -86% | -32% |
| WESCO Intl | Pittsburgh | PA | 68.19 | 14.27 | 39.64 | 378% | -64% | 72% |
| Inovio Pharmaceuticals | Blue Bell | PA | 7.04 | 1.48 | 3.68 | 376% | -60% | 91% |
| Ansys | Canonsburg | PA | 84.99 | 18.41 | 41.46 | 362% | -56% | 105% |
| SEI Investments | Oaks | PA | 43.05 | 9.80 | 32.17 | 339% | -70% | 34% |
| Brandywine Realty Trust | Radnor | PA | 15.19 | 3.53 | 17.93 | 330% | -80% | -15% |
| Ametek | Berwyn | PA | 51.91 | 12.14 | 20.82 | 328% | -42% | 149% |
| Actua Corp | Radnor | PA | 14.64 | 3.45 | 11.74 | 324% | -71% | 25% |
| Airgas Inc | Radnor | PA | 114.84 | 27.09 | 52.11 | 324% | -48% | 120% |
| Penn National Gaming | Wyomissing | PA | 16.31 | 3.86 | 13.46 | 322% | -71% | 21% |
| RTI Intl Metals | Pittsburgh | PA | 37.79 | 9.23 | 68.93 | 309% | -87% | -45% |
| RAIT Financial Trust | Philadelphia | PA | 7.22 | 1.83 | 25.86 | 295% | -93% | -72% |
| West Pharmaceutical Services | Exton | PA | 54.21 | 14.44 | 20.30 | 276% | -29% | 167% |
| Triumph Group | Berwyn | PA | 58.17 | 16.26 | 41.18 | 258% | -61% | 41% |
| Rex Energy | State College | PA | 3.93 | 1.12 | 11.93 | 251% | -91% | -67% |
| Knoll Inc | East Greenville | PA | 19.50 | 5.56 | 16.43 | 251% | -66% | 19% |
| ACE Limited | Philadelphia | PA | 111.74 | 32.50 | 61.78 | 244% | -47% | 81% |
| Codorus Valley Bancorp | York | PA | 20.50 | 6.02 | 14.71 | 240% | -59% | 39% |
| FMC Corp | Philadelphia | PA | 60.25 | 17.97 | 27.28 | 235% | -34% | 121% |
| Healthcare Services Group | Bensalem | PA | 32.93 | 9.93 | 14.12 | 232% | -30% | 133% |
| Horsehead Holding | Pittsburgh | PA | 12.63 | 3.81 | 16.97 | 231% | -78% | -26% |
| Air Products & Chemicals | Allentown | PA | 152.00 | 46.41 | 98.63 | 228% | -53% | 54% |
| Urban Outfitters | Philadelphia | PA | 44.83 | 14.13 | 27.26 | 217% | -48% | 64% |
| OraSure Technologies | Bethlehem | PA | 7.35 | 2.32 | 8.89 | 217% | -74% | -17% |
| Hershey | Hershey | PA | 99.88 | 31.99 | 39.40 | 212% | -19% | 154% |
| Resource America | Philadelphia | PA | 9.25 | 2.97 | 14.67 | 211% | -80% | -37% |
| Citizens Financial Services | Mansfield | PA | 53.24 | 17.21 | 18.12 | 209% | -5% | 194% |
| Erie Indemnity | Erie | PA | 87.11 | 28.29 | 51.89 | 208% | -45% | 68% |
| Pep Boys-Manny, Moe & Jack | Philadelphia | PA | 9.16 | 3.02 | 11.48 | 203% | -74% | -20% |
| Carpenter Technology | Wyomissing | PA | 38.07 | 12.64 | 75.17 | 201% | -83% | -49% |
| Mine Safety Appliances | Cranberry Township | PA | 47.92 | 16.55 | 51.87 | 190% | -68% | -8% |
| PVR Partners LP | Radnor | PA | 27.44 | 9.55 | 24.57 | 187% | -61% | 12% |
| Teleflex | Limerick | PA | 118.92 | 43.85 | 63.01 | 171% | -30% | 89% |
| Universal Stainless & Alloy Products | Bridgeville | PA | 22.86 | 8.49 | 35.57 | 169% | -76% | -36% |
| ESB Financial Corp | Ellwood City | PA | 17.77 | 6.65 | 6.94 | 167% | -4% | 156% |
| Stonemor Partners LP | Levittown | PA | 28.06 | 10.57 | 20.05 | 165% | -47% | 40% |
| Toll Brothers | Horsham | PA | 37.73 | 14.26 | 20.06 | 165% | -29% | 88% |
| Alcoa | Pittsburgh | PA | 13.57 | 5.22 | 36.55 | 160% | -86% | -63% |
| CSS Industries | Philadelphia | PA | 28.64 | 11.07 | 36.70 | 159% | -70% | -22% |
| Crown Holdings | Philadelphia | PA | 50.15 | 20.66 | 25.65 | 143% | -19% | 96% |
| Kennametal | Latrobe | PA | 32.72 | 13.53 | 37.86 | 142% | -64% | -14% |
| OmegaFlex | Exton | PA | 29.51 | 12.56 | 16.38 | 135% | -23% | 80% |
| II-VI Inc | Saxonburg | PA | 17.91 | 7.85 | 13.97 | 128% | -44% | 28% |
| Fulton Financial | Lancaster | PA | 12.41 | 5.51 | 11.22 | 125% | -51% | 11% |
| DENTSPLY | York | PA | 50.54 | 22.45 | 45.02 | 125% | -50% | 12% |
| Peoples Financial Services | Scranton | PA | 40.53 | 18.30 | 26.30 | 121% | -30% | 54% |
| Fox Chase Bancorp | Hatboro | PA | 16.99 | 7.82 | 10.66 | 117% | -27% | 59% |
| Metro Bancorp | Harrisburg | PA | 27.53 | 12.82 | 27.85 | 115% | -54% | -1% |
| FNB Corp | Hermitage | PA | 13.33 | 6.21 | 14.70 | 115% | -58% | -9% |
| Ampco-Pittsburgh | Pittsburgh | PA | 17.03 | 8.02 | 38.13 | 112% | -79% | -55% |
| Weis Markets | Sunbury | PA | 50.21 | 23.80 | 39.94 | 111% | -40% | 26% |
| Bryn Mawr Bank | Bryn Mawr | PA | 29.93 | 14.50 | 22.93 | 106% | -37% | 31% |
| LB Foster | Pittsburgh | PA | 44.64 | 21.81 | 51.73 | 105% | -58% | -14% |
| Liberty Property Trust | Malvern | PA | 34.57 | 16.95 | 28.81 | 104% | -41% | 20% |
| Federated Investors | Pittsburgh | PA | 33.94 | 16.80 | 41.16 | 102% | -59% | -18% |
| Penns Woods Bancorp | Williamsport | PA | 46.39 | 23.07 | 32.50 | 101% | -29% | 43% |
| Susquehanna Bancshares | Lititz | PA | 13.68 | 6.86 | 18.44 | 99% | -63% | -26% |
| Universal Health Realty Income | King of Prussia | PA | 51.70 | 25.93 | 35.44 | 99% | -27% | 46% |
| Northwest Bancshares | Warren | PA | 11.88 | 6.04 | 11.81 | 97% | -49% | 1% |
| American Eagle Outfitters | Pittsburgh | PA | 17.32 | 8.91 | 20.77 | 94% | -57% | -17% |
| AmeriGas Partners LP | King of Prussia | PA | 47.50 | 24.51 | 36.04 | 94% | -32% | 32% |
| Donegal Group | Marietta | PA | 27.00 | 14.06 | 18.25 | 92% | -23% | 48% |
| Koppers Holdings | Pittsburgh | PA | 19.47 | 10.14 | 43.24 | 92% | -77% | -55% |
| CDI Corp | Philadelphia | PA | 13.43 | 7.14 | 24.26 | 88% | -71% | -45% |
| CNB Financial | Clearfield | PA | 17.53 | 9.44 | 13.55 | 86% | -30% | 29% |
| First Keystone | Berwick | PA | 26.40 | 15.10 | 15.80 | 75% | -4% | 67% |
| National Penn Bancshares | Boyertown | PA | 10.87 | 6.24 | 15.14 | 74% | -59% | -28% |
| Allegheny Technologies | Pittsburg | PA | 29.76 | 17.49 | 86.40 | 70% | -80% | -66% |
| Matthews Intl | Pittsburgh | PA | 49.07 | 31.01 | 46.87 | 58% | -34% | 5% |
| Calgon Carbon | Pittsburgh | PA | 20.66 | 13.31 | 15.89 | 55% | -16% | 30% |
| Nutrisystem | Fort Washington | PA | 19.02 | 13.16 | 26.98 | 45% | -51% | -30% |
| Auxilium Pharmaceuticals | Chesterbrook | PA | 36.47 | 26.52 | 29.99 | 38% | -12% | 22% |
| First Commonwealth Financial | Indiana | PA | 8.96 | 6.59 | 10.65 | 36% | -38% | -16% |
| Norwood Financial | Honesdale | PA | 28.96 | 21.49 | 28.41 | 35% | -24% | 2% |
| Citizens & Northern | Wellsboro | PA | 19.77 | 14.78 | 17.63 | 34% | -16% | 12% |
| Beneficial Mutual Bancorp | Philadelphia | PA | 11.33 | 8.54 | 9.72 | 33% | -12% | 17% |
| Black Box Corp | Lawrence | PA | 21.60 | 17.19 | 36.17 | 26% | -52% | -40% |
| US Steel | Pittsburgh | PA | 21.80 | 17.69 | 120.91 | 23% | -85% | -82% |
| S&T Bancorp | Indiana | PA | 21.38 | 18.29 | 27.64 | 17% | -34% | -23% |
| Univest Corp Pennsylvania | Souderton | PA | 19.39 | 16.91 | 21.11 | 15% | -20% | -8% |
| ESSA Bancorp | Stroudsburg | PA | 12.69 | 11.59 | 11.25 | 9% | 3% | 13% |
| CONSOL Energy | Canonsburg | PA | 26.56 | 24.88 | 71.52 | 7% | -65% | -63% |
| Harsco Corp | Camp Hill | PA | 16.34 | 17.50 | 64.07 | -7% | -73% | -74% |
| Penn Virginia Corp | Radnor | PA | 6.90 | 9.98 | 43.63 | -31% | -77% | -84% |
| Discovery Laboratories | Warrington | PA | 1.700 | 15.900 | 32.250 | -89% | -51% | -95% |
| Average % Change all 118 | 397% | -54% | 76% |
