Saturday, July 11, 2015

Stock Market Prices of Tax Haven Ireland Companies With Substantial US Operations on Absolute Fire, Up 1,864% Since March 6, 2009 ..... Tells You Why These Companies "Moved" There and Also Why the US Congress, Including Many Democrats, Are Preventing Domestic US Companies From Being Competitive ..... Despite Saying Otherwise, the US Congress Is Not Working For Income Inequality Narrowing Nor For the LA Dodgers, But Rather For the Already Very Well-Heeled, Huge Political Campaign Contributing US Tax Dodgers

From an SEC review of Companies HQd in Ireland with substantial US Operations, with all financial statements prepared in US Dollars, and with current stock market capitalizations of more than $100 mil, I found 28 Companies.

Of these 28 Irish HQd Companies, 22 of them had their common stocks trading on March 6, 2009, pretty much the low point for the stock market resulting from the 2008-9 worldwide financial meltdown, and also trading presently or were very recently sold.  Below here are these 22: 




Market




Price




%




Change


Market Market 3-6-09


Price Price to
Irish Companies HQs 7-10-15 3-6-09 7-10-15


$s $s





Jazz Pharmaceuticals Dublin     178.77        0.62 28734%
Trinity Biotech plc Dublin      18.05        1.05 1619%
Seagate Technology plc Dublin      45.95        3.11 1377%
XL Group plc Dublin      37.96        2.95 1187%
Allergan plc (was Actavis) Dublin     312.13      26.36 1084%
Perrigo Co plc Dublin     180.86      19.34 835%
Alkermes plc Dublin      64.22        8.49 656%
Shire plc Dublin     250.34      33.85 640%
James Hardy Industries plc Dublin      66.86        9.38 613%
Ingersoll-Rand plc Dublin      66.41        9.45 603%
Allergan Inc (Old One) Irvine, CA     240.22      36.52 558%
Global Indemnity plc Dublin      28.15        4.29 556%
Fly Leasing Ltd Dublin      15.78        3.00 426%
Endo International plc Dublin      83.12      17.11 386%
Covidien plc Dublin     107.45      24.83 333%
Eaton Corp plc Dublin      65.77      15.56 323%
Amarin Corp plc Dublin        2.41        0.67 260%
Accenture plc Dublin      98.78      28.00 253%
ICON plc Dublin      66.20      19.41 241%
Medtronic plc Dublin      74.37      24.92 198%
Tyco International Cork      37.72      17.99 110%
Weatherford International plc Dublin      11.33      10.31 10%





Average % Change all 22


1,864%

Of the 6 Irish Companies not having their stock trading on March 6, 2009, 3 of them have had their stock market prices more than double in the very short time their stock has been trading ..... Prothena Corp plc up 538%, Mallinkroft plc up 145% and Horizon Pharma up 132%.