The largest UK Companies dominating the UK earnings landscape are the ones reporting their financial statements in US$s.
For instance, the 21 UK Companies with market caps above US$10 Bil and reporting their financial statements in US$s generated Total Audited Earnings of US$139 Bil in 2011.
On the other hand, the 21 UK Companies with market caps above British Pounds 10 Bil and reporting their
financial statements in British Pounds generated Total Audited Earnings of British Pounds 36
Bil in 2011.
On the positive side, 2016 Total Earnings of these 21 UK Companies reporting in US$s were up 163% from their severely-depressed 2015 Total Earnings.
From a review of company financial statements in the US SEC website and
in company investor relations websites, along with a review of Google's
fine financial website, below are the Audited Earnings (Losses) From
Continuing Operations for each fiscal year (FYE) from 2007 through 2016
for each of the 21 UK Companies which had a stock market
capitalization of more than US$10 Bil in mid 2016 and which also prepared their
financial statements in US$s:
Friday, June 23, 2017
The Largest United Kingdom (UK) Companies Preparing Their Financial Statements in US$s Earnings Down the Tubes in 2015 and 2016 ....................................................................................... Total Two-Year Audited Earnings in 2015 and 2016 Combined Were Only US$30 Bil ...................................................................................... Total Two-Year Audited Earnings in 2013 and 2014 Combined Were US$150 Bil ....................................................................................... Total Two-Year Audited Earnings in 2011 and 2012 Combined Were US$224 Bil ....................................................................................... Total Two-Year Audited Earnings in 2009 and 2010 Combined Were US$156 Bil ....................................................................................... Total Two-Year Audited Earnings in 2007 and 2008 Combined Were US$212 Bil .......................................................................................
Thursday, June 22, 2017
In TrumpCare, Kentucky US Senator Mitch "Humana" McConnell Is Simply Doing What Humana Wants Done
Kentucky is Headquarters to 10 Companies with Stock Market Capitalizations above $1 Bil.
Here are the most recent first quarter 2017 and 2016 earnings for each of these 10 largest Kentucky Publicly-held Companies.
When you want to understand how Mitch McConnell legislates, you follow the money.
Mitch McConnell's Close Ties To Humana's Founder
Three of Top 5 Contributors To Mitch McConnell Are Health Care Companies
In McConnell's case, Louisville, Kentucky-based Health Insurer Humana generated most-recent First Quarter 2017 Earnings of $1.115 Bil, which was 61% of the First Quarter 2017 Total Earnings of Kentucky's 10 largest Companies.
Also, Humana's First Quarter 2017 Earnings increased by 339% over the First Quarter 2016.
How did Kentucky's other 9 largest Companies perform in the most recent First Quarter 2017?
Well, their Total Earnings Declined by 30%. And all 9 of them are very fine Companies. I have to wonder what McConnell is doing to help the earnings of these 9 Kentucky Companies?
In nearly his entire career in the US Congress, Health Insurer Humana has dominated McConnell's thinking, thus his richly earned "Humana" nickname.
Interestingly under the McConnell US Senate version of Trumpcare, the huge economic benefits received by Humana from the much higher Insurance Premium Revenues and by the massive Income Tax cuts effective January 1, 2017 (yeah, retroactively) that both Humana and their top executives would receive are paid for by the massive reduction in Medicaid health care benefits of Kentucky's many poor. It's that simple. Robin Hood in Reverse!
Here are the most recent first quarter 2017 and 2016 earnings for each of these 10 largest Kentucky Publicly-held Companies.
| 1Q 17 | 1Q 17 | ||||||||
| 2017 | 2016 | ||||||||
| Quarter | Quarter | ||||||||
| Calendar | US GAAP | US GAAP | Net | Net | |||||
| Most | 1Q 17 | Net | Net | Income | Income | ||||
| Kentucky Company | City | State | Recent | Month | Income | Income | Better | Better | |
| Market Caps Above $1 Bil | HQs | HQs | FYE | End | (Loss) | (Loss) | (Worse) | (Worse) | |
| $ mils | $ mils | $ mils | % | ||||||
| Humana | Louisville | KY | Dec16 | Mar | 1,115 | 254 | 861 | 339% | |
| All But Humana | |||||||||
| Yum! Brands | Louisville | KY | Dec16 | Mar | 280 | 226 | 54 | 24% | |
| Brown Forman | Louisville | KY | Apr17 | Apr | 144 | 522 | (378) | -72% | |
| Ashland Global Holdings | Covington | KY | Dec16 | Mar | 102 | 87 | 15 | 17% | |
| Valvoline | Lexington | KY | Sep16 | Mar | 71 | 68 | 3 | 4% | |
| Texas Roadhouse Inc | Louisville | KY | Dec16 | Mar | 36 | 37 | (1) | -3% | |
| Tempur Sealy Intl | Lexington | KY | Dec16 | Mar | 32 | 39 | (7) | -18% | |
| Papa John's Intl Inc | Louisville | KY | Dec16 | Mar | 30 | 28 | 2 | 7% | |
| Stock Yards Bancorp Inc | Louisville | KY | Dec16 | Mar | 11 | 10 | 1 | 10% | |
| Churchill Downs | Louisville | KY | Dec16 | Mar | 7 | 3 | 4 | 133% | |
| Total all 9 But Humana | 713 | 1,020 | (307) | -30% | |||||
| Total all 10 | 1,828 | 1,274 | 554 | 43% |
When you want to understand how Mitch McConnell legislates, you follow the money.
Mitch McConnell's Close Ties To Humana's Founder
Three of Top 5 Contributors To Mitch McConnell Are Health Care Companies
In McConnell's case, Louisville, Kentucky-based Health Insurer Humana generated most-recent First Quarter 2017 Earnings of $1.115 Bil, which was 61% of the First Quarter 2017 Total Earnings of Kentucky's 10 largest Companies.
Also, Humana's First Quarter 2017 Earnings increased by 339% over the First Quarter 2016.
How did Kentucky's other 9 largest Companies perform in the most recent First Quarter 2017?
Well, their Total Earnings Declined by 30%. And all 9 of them are very fine Companies. I have to wonder what McConnell is doing to help the earnings of these 9 Kentucky Companies?
In nearly his entire career in the US Congress, Health Insurer Humana has dominated McConnell's thinking, thus his richly earned "Humana" nickname.
Interestingly under the McConnell US Senate version of Trumpcare, the huge economic benefits received by Humana from the much higher Insurance Premium Revenues and by the massive Income Tax cuts effective January 1, 2017 (yeah, retroactively) that both Humana and their top executives would receive are paid for by the massive reduction in Medicaid health care benefits of Kentucky's many poor. It's that simple. Robin Hood in Reverse!
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