From a review of the superb Google Finance Website and audited financial statements at the excellent SEC Website, presented below are the 100 eleventh largest (#1001 through #1100) US Companies in current stock market capitalization which also had earnings numbers reported for all years from 2010 through 2014. These 100 Companies had their stock market caps range from $2.51 bil to $2.97 bil.
I excluded all US Utility Companies.
How have these 100 eleventh largest US Companies recovered from the 2008-09 worldwide financial meltdown? Well, miraculously off-the-charts. Their Total Audited Earnings From Continuing Operations for the Two Years 2013-14 of $113 Bil were a monstrous $242 Bil Earnings Improvement from the Two Year 2009-10 Total Audited Losses of $129 Bil.
It is pretty clear to me that the major drivers of this wholescale, massive earnings recovery from the disastrous 2008-09 financial meltdown were prescient steps taken by the Obama/Biden Administration and by the US Fed.
That's why financially astute people know that they want a continuation of the economic policies of the Obama/Biden Administration. The only way that is assured is if Joe Biden is the next US President.
There is a huge difference between someone running for President saying he or she will continue the Obama/Biden highly successful economic policies and someone actually sitting at the table and being a key participant in these economic policies for 8 years. Just sayin.
And for someone to be against the TransPacific Partnership shows that either they don't really understand how capitalism works or are so ambitious that they are willing to take a position on a critical economic issue that would seriously harm the country just to get elected US President. Again, just sayin.
There clearly is a huge problem with US Income Inequality, but can you imagine how the US middle and lower economic classes would have fared if the Obama/Biden Administration and Fed Chair Ben Bernanke hadn't taken their economic actions. It would have been extremely ugly even now.
And in similar fashion, can you imagine how the US middle and lower economic classes will fare if the TransPacific and TransAtlantic Partnerships don't pass? It also will be ugly. These critical partnerships will keep the world economy thriving economically for many years to come, with the resultant much higher company earnings. The US Congress needs to fulfill its role to ensure that these economic fruits are shared more fairly between the upper, middle and lower economic classes.
On the big downside here, the Total Audited Earnings of these 100 Companies for 2014 were down a huge 78% from 2013. This points to the clear necessity of both the TransPacific and TransAtlantic Trade Partnerships to pass. The last thing the US economy needs is a President against these two key Trade Agreements.
In viewing the very recent Democratic Presidential Debate held in Las Vegas, I thought Bernie Sanders was the clear winner of the debate. But unless something were to change, I don't think any of the 5 Democratic Presidential Candidates on the stage would stand much of a chance against someone very formidable like Marco Rubio. I do think that if Vice President Joe Biden were to enter the Presidential race, that he would have a decent chance against Rubio.
Below here are the reported Audited Earnings (Losses) From Continuing Operations for each of these eleventh 100 largest US Companies for all years reported from 2007 through 2014, presented in order of stock market cap:
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||
Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||||
Most | Net | Net | Net | Net | Net | Net | Net | Net | |||
City | State | Recent | Income | Income | Income | Income | Income | Income | Income | Income | |
US Largest Companies: #1001-1100 | HQs | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
$ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | ||||
Laredo Petroleum | Tulsa | OK | Dec14 | 266 | 117 | 62 | 106 | 88 | (184) | (192) | (6) |
Sunedison | Maryland Heights | MO | Dec14 | (1,272) | (614) | (149) | (1,520) | 48 | (70) | 390 | 830 |
Aaron's Inc | Atlanta | GA | Dec14 | 78 | 121 | 173 | 114 | 118 | 113 | 86 | 73 |
QEP Resources | Denver | CO | Dec14 | (410) | 52 | 2 | 118 | 200 | 215 | 521 | 362 |
Belk Inc | Charlotte | NC | Jan15 | 146 | 159 | 188 | 183 | 128 | 67 | (213) | 96 |
Kosmos Energy Ltd | Dallas | TX | Dec14 | 279 | (91) | (67) | 22 | (246) | (80) | (49) | (61) |
XPO Logistics | Greenwich | CT | Dec14 | (64) | (49) | (20) | 1 | 5 | 2 | 3 | 2 |
Bank of Hawaii | Honolulu | HI | Dec14 | 163 | 151 | 166 | 160 | 184 | 144 | 192 | 184 |
Compass Minerals Intl Inc | Overland Park | KS | Dec14 | 218 | 131 | 89 | 149 | 151 | 164 | 160 | 80 |
Piedmont Office Realty Trust Inc | Johns Creek | GA | Dec14 | 40 | 72 | 60 | 84 | 104 | 63 | 118 | 99 |
Blackbaud Inc | Charleston | SC | Dec14 | 28 | 30 | 7 | 33 | 29 | 28 | 29 | 30 |
Mercury General Corp | Los Angeles | CA | Dec14 | 178 | 112 | 117 | 191 | 152 | 403 | (242) | 238 |
Associated Banc Corp | Green Bay | WI | Dec14 | 191 | 189 | 179 | 140 | (1) | (132) | 168 | 286 |
SM Energy | Denver | CO | Dec14 | 666 | 171 | (54) | 215 | 197 | (99) | 87 | 187 |
Landstar System Inc | Jacksonville | FL | Dec14 | 139 | 109 | 127 | 112 | 89 | 70 | 111 | 110 |
KBR Inc | Houston | TX | Dec14 | (1,198) | 171 | 202 | 540 | 395 | 364 | 356 | 204 |
World Fuel Services | Miami | FL | Dec14 | 218 | 207 | 201 | 199 | 147 | 118 | 105 | 65 |
NorthStar Asset Management Group | New York | NY | Dec14 | 19 | (2) | (17) | (26) | (15) | (10) | (8) | NA |
Home Bancshares Inc | Conway | AR | Dec14 | 113 | 67 | 63 | 55 | 18 | 27 | 10 | 20 |
First Data Corp | New York | NY | Dec14 | (265) | (692) | (527) | (336) | (847) | (1,015) | (3,608) | 307 |
Fossil Group Inc | Richardson | TX | Dec14 | 398 | 388 | 354 | 307 | 265 | 144 | 142 | 128 |
Regal Beloit Corp | Beloit | WI | Dec14 | 36 | 126 | 200 | 158 | 155 | 99 | 129 | 118 |
Armstrong World Industries | Lancaster | PA | Dec14 | 102 | 127 | 159 | 142 | 40 | 78 | 80 | 153 |
Kate Spade & Co | New York | NY | Dec14 | 77 | (32) | (53) | 101 | (164) | (124) | (511) | (432) |
Vista Outdoor Inc | Clearfield | UT | Mar15 | 80 | 133 | 65 | 11 | 78 | 68 | NA | NA |
United Natural Foods | Providence | RI | Aug15 | 139 | 125 | 108 | 91 | 77 | 68 | 59 | 48 |
Jack in the Box | San Diego | CA | Sep14 | 95 | 83 | 68 | 86 | 74 | 131 | 118 | 125 |
Ascena Retail Group Inc | Mahwah | NJ | Jul15 | (237) | 138 | 155 | 172 | 171 | 133 | 67 | 71 |
Clean Harbors Inc | Norwell | MA | Dec14 | (28) | 96 | 130 | 127 | 128 | 35 | 57 | 44 |
Impax Laboratories Inc | Hayward | CA | Dec14 | 57 | 101 | 56 | 65 | 250 | 50 | 16 | 125 |
Ryman Hospitality Properties Inc | Nashville | TN | Dec14 | 126 | 118 | (27) | 10 | (92) | 7 | 4 | 102 |
Diamond Offshore Drilling Inc | Houston | TX | Dec14 | 387 | 549 | 720 | 963 | 955 | 1,376 | 1,311 | 844 |
Janus Capital Group Inc | Denver | CO | Dec14 | 155 | 122 | 112 | 153 | 169 | (744) | 147 | 214 |
CONSOL Energy | Canonsburg | PA | Dec14 | 169 | 79 | 318 | 682 | 315 | 567 | 486 | 293 |
Pebblebrook Hotel Trust | Bethesda | MD | Dec14 | 74 | 43 | 27 | 15 | (7) | (0) | ||
Lancaster Colony Corp | Columbus | OH | Jun15 | 102 | 101 | 104 | 92 | 94 | 115 | 89 | 48 |
Fair Isaac Corp | San Jose | CA | Sep14 | 95 | 90 | 92 | 72 | 64 | 65 | 81 | 112 |
Tupperware Brands | Orlando | FL | Dec14 | 214 | 274 | 193 | 218 | 226 | 175 | 161 | 117 |
First Citizens BancShares | Raleigh | NC | Dec14 | 139 | 167 | 132 | 194 | 192 | 116 | 91 | 109 |
American National Insurance Co | Galveston | TX | Dec14 | 249 | 272 | 192 | 192 | 144 | 15 | (173) | 245 |
ProAssurance Corp | Birmingham | AL | Dec14 | 197 | 298 | 275 | 287 | 232 | 222 | 178 | 168 |
Medical Properties Trust | Birmingham | AL | Dec14 | 51 | 89 | 73 | 12 | 1 | 30 | 15 | 21 |
Sears Holdings | Hoffman Estates | IL | Jan15 | (1,810) | (1,116) | (1,054) | (3,120) | 139 | 280 | 99 | 902 |
Sinclair Broadcast Group | Hunt Valley | MD | Dec14 | 215 | 64 | 144 | 77 | 76 | (138) | (249) | 17 |
Polypore Intl | Charlotte | NC | Dec14 | 36 | 34 | 60 | 91 | 50 | (117) | (18) | 0 |
Con-way Inc | Ann Arbor | MI | Dec14 | 137 | 99 | 105 | 88 | 4 | (111) | 58 | 147 |
United Bsankshares Inc | Charleston | WV | Dec14 | 130 | 86 | 83 | 76 | 72 | 67 | 87 | 91 |
Clear Channel Outdoor Holdings | San Antonio | TX | Dec14 | 17 | (24) | (159) | 63 | (76) | (873) | (2,851) | 265 |
Helen of Troy Ltd | El Paso | TX | Feb15 | 131 | 86 | 116 | 110 | 93 | 72 | (57) | 62 |
Prospect Capital Corp | New York | NY | Jun15 | 346 | 319 | 221 | 191 | 118 | 20 | 35 | 28 |
AllianceBernstein Holding LP | New York | NY | Dec14 | 571 | 527 | 189 | (212) | 427 | 579 | 848 | 1,277 |
Myriad Genetics | Salt Lake City | UT | Jun15 | 80 | 176 | 147 | 112 | 101 | 152 | 136 | 74 |
Blackstone Mortgage Trust | New York | NY | Dec14 | 100 | 25 | 282 | 253 | (185) | (576) | (58) | 84 |
Wendys | Dublin | OH | Dec14 | 121 | 45 | 8 | 18 | 18 | 5 | (128) | (57) |
Cheesecake Factory | Calabasas Hills | CA | Dec14 | 101 | 114 | 98 | 96 | 82 | 43 | 52 | 74 |
Genworth Financial | Richmond | VA | Dec14 | (1,048) | 726 | 468 | 141 | 136 | (485) | (655) | 1,154 |
Univar | Downers Grove | IL | Dec14 | (20) | (82) | (197) | (176) | (71) | (2) | (8) | 47 |
Verint Systems Inc | Melville | NY | Jan15 | 36 | 59 | 59 | 41 | 29 | 17 | (79) | (198) |
Texas Roadhouse Inc | Louisville | KY | Dec14 | 91 | 84 | 74 | 66 | 61 | 49 | 39 | 40 |
ACI Worldwide | Naples | FL | Dec14 | 68 | 64 | 49 | 46 | 27 | 20 | 11 | (9) |
Papa John's Intl Inc | Louisville | KY | Dec14 | 78 | 73 | 66 | 58 | 56 | 61 | 39 | 34 |
Artisan Partners Asset Management | Milwaukee | WI | Dec14 | 239 | (234) | 43 | 130 | 43 | 48 | 183 | 95 |
Cimpress NV | Waltham | MA | Jun15 | 89 | 43 | 29 | 44 | 82 | 68 | 56 | 40 |
Targa Pipeline Partners LP | Houston | TX | Dec14 | 230 | (92) | 68 | 295 | (41) | (21) | (511) | (117) |
Pra Group | Norfolk | VA | Dec14 | 177 | 177 | 126 | 101 | 74 | 44 | 45 | 48 |
Cree Inc | Durham | NC | Jun15 | (64) | 124 | 87 | 44 | 147 | 152 | 31 | 32 |
Hudson Pacific Properties Inc | Los Angeles | CA | Dec14 | 24 | 1 | (5) | (6) | (4) | (1) | (3) | (4) |
AMC Entertainment Holdings | Leawood | KS | Dec14 | 64 | 363 | 13 | (90) | (171) | 91 | (159) | (8) |
Cal-Maine Foods Inc | Jackson | MS | May15 | 162 | 110 | 51 | 90 | 58 | 66 | 80 | 152 |
HomeAway Inc | Austin | TX | Dec14 | 14 | 17 | 15 | 6 | 17 | 8 | (6) | (6) |
Kennedy-Wilson Holdings | Beverly Hills | CA | Dec14 | 90 | 14 | 7 | 7 | 7 | (10) | 1 | 9 |
Tech Data Corp | Clearwater | FL | Jan15 | 175 | 180 | 183 | 201 | 213 | 181 | 115 | 99 |
MFA Financial | New York | NY | Dec14 | 314 | 303 | 307 | 316 | 270 | 268 | 46 | 30 |
New Jersey Resources Corp | Wall | NJ | Dec14 | 142 | 115 | 93 | 101 | 117 | 27 | 109 | 63 |
Dril-Quip | Houston | TC | Dec14 | 209 | 170 | 119 | 95 | 102 | 105 | 106 | 108 |
Murphy USA | El Dorado | AR | Dec14 | 243 | 156 | 86 | 188 | 126 | 36 | 211 | NA |
TCF Financial Corp | Wayzata | MN | Dec14 | 182 | 158 | (207) | 114 | 154 | 87 | 129 | 267 |
CST Brands | San Antonio | TX | Dec14 | 180 | 139 | 208 | 218 | 196 | 152 | 225 | 139 |
Timken | Canton | OH | Dec14 | 149 | 176 | 332 | 281 | 179 | (66) | 283 | 211 |
Healthcare Realty Trust | Nashville | TN | Dec14 | 34 | (13) | (1) | (12) | (7) | 23 | 13 | 5 |
HRG Group | New York | NY | Sep14 | 102 | (69) | 111 | 7 | (196) | (113) | (905) | (563) |
Radius Health Inc | Waltham | MA | Dec14 | (62) | (61) | (69) | (42) | (15) | (15) | (22) | (16) |
RPC Inc | Atlanta | GA | Dec14 | 245 | 167 | 274 | 296 | 147 | (23) | 83 | 87 |
Dycom Industries | Palm Beach Gardens | FL | Jul15 | 84 | 40 | 35 | 39 | 16 | 6 | (53) | 24 |
CLARCOR | Franklin | TN | Nov14 | 144 | 118 | 123 | 124 | 96 | 72 | 96 | 91 |
Wintrust Financial | Rosemont | IL | Dec14 | 151 | 137 | 111 | 78 | 63 | 73 | 20 | 56 |
UMB Financial | Kansas City | MO | Dec14 | 121 | 134 | 123 | 106 | 91 | 89 | 98 | 74 |
Healthcare Services Group | Bensalem | PA | Dec14 | 22 | 47 | 44 | 38 | 34 | 30 | 27 | 30 |
DiamondRock Hospitality | Bethesda | MD | Dec14 | 163 | 24 | (18) | (9) | (10) | (10) | 48 | 57 |
Snyder's-Lance | Charlotte | NC | Dec14 | 59 | 56 | 45 | 21 | (16) | 35 | 19 | 25 |
CoreSite Realty | Denver | CO | Dec14 | 40 | 32 | 11 | (11) | (12) | (7) | (14) | 3 |
Take-Two Interactive Software | New York | NY | Mar15 | (279) | 362 | 31 | (108) | 54 | (130) | 94 | (138) |
Superior Energy Services | Houston | TX | Dec14 | 281 | 45 | 384 | 159 | 72 | (121) | 336 | 272 |
Groupon | Chicago | IL | Dec14 | (64) | (89) | (51) | (298) | (413) | (1) | (2) | |
Prestige Brands Holdings | Tarrytown | NY | Mar15 | 78 | 73 | 66 | 37 | 29 | 32 | (190) | 31 |
PriceSmart | San Diego | CA | Aug14 | 93 | 84 | 68 | 62 | 49 | 42 | 38 | 13 |
CBL & Associates Properties | Chattanooga | TN | Dec14 | 253 | 115 | 186 | 155 | 129 | (2) | 60 | 141 |
Domtar Corp | Fort Mill | SC | Dec14 | 431 | 91 | 172 | 365 | 605 | 310 | (573) | 70 |
Cathay General Bancorp | Los Angeles | CA | Dec14 | 138 | 124 | 118 | 101 | 12 | (67) | 51 | 126 |
Total all 99 excluding Fannie Mae | 6,243 | 8,594 | 8,332 | 5,952 | 7,765 | 3,335 | (1,963) | 11,337 | |||
Fannie Mae | Washington | DC | Dec14 | 14,209 | 83,962 | 17,220 | (16,855) | (14,018) | (72,022) | (58,728) | (2,071) |
Total all 100 | 20,452 | 92,556 | 25,552 | (10,903) | (6,253) | (68,687) | (60,691) | 9,266 | |||
Total Two-Year Earnings (Losses) | |||||||||||
….. 2013-14 | 113,008 | ||||||||||
….. 2008-09 | (129,378) | ||||||||||
………. Two-Year Earnings Improvement | 242,386 | ||||||||||
Total Three-Year Earnings (Losses) | |||||||||||
….. 2012-14 | 138,560 | ||||||||||
….. 2008-10 | (135,631) | ||||||||||
………. Three-Year Earnings Improvement | 274,191 |