By Larry C. Paxton
2014 promises to be another adventurous year for The PBR1000, with lots of fireworks and uncertainty among the many variables that affect these companies. That creates both challenges and opportunities for business professionals. Hopefully The PBR1000 Monthly Reports can be of assistance as we move through the year.
The PBR1000 Monthly Update Report for January includes 1,074 companies.
Total worldwide revenues in 2012 from these 1,074 companies was $12.975 trillion, net profits $.917 trillion, or 7.07% of revenues. They employed 31.4 million full time and part time employees worldwide in 2012.
At the end of 2013 The PBR1000 enjoyed a 5.70% increase in stock price over the last quarter, a 33.13% increase over the year. At the end of 2013 total market capitalization was $19.394 trillion.
The following companies have been dropped since the publication of The PBR1000 4th Quarter Progress Report of 2013(Rankings are for 4th quarter, 2013):
– Smithfield Foods(PBR199): Acquisition completed by China’s Shuanghui International in late September, 2013
– Boise, Inc(PBR730): Acquired by Packaging Corporation of America(PBR674) in October, 2013
– Dell, Inc(PBR79): Completion of buyout and privatization by Michael Dell and investment partners in October, 2013
– The Washington Post Company(PBR545): Sold to Amazon founder Jeff Bezos in October, 2013. Remaining interests now held by Graham Holdings Company
– Dole Food Company(PBR516): Completion of purchase and privatization by Chairman/CEO David Murdock in November, 2013
– Edgen Group, Inc(PBR854): Acquired by Japan’s Sumitomo Corporation in November, 2013
– Nash-Finch Company(PBR470): Merger with Spartan Stores(PBR725) to form SpartanNash in November, 2013
– NYSE Euronext(PBR571): Acquisition completed by Intercontinental Exchange Inc(PBR1013) in November, 2013
– OfficeMax, Inc(PBR349): Merger with Office Depot(PBR235) completed in November, 2013
– Saks, Inc(PBR653): Acquired by Canada’s Hudson Bay in November, 2013
– AMR Corporation(PBR109): Completion of merger with US Airways(PBR189) to form the new American Airlines Group in December, 2013
– US Airways(PBR189): Completion of merger with AMR Corporation(PBR109) to form the new American Airlines Group in December, 2013
– Molex, Inc(PBR600): Acquired by privately held Koch Industries in December, 2013
– NV Energy, Inc(PBR662) became a wholly owned subsidiary of Berkshire Hathaway(PBR5) in December, 2013
– Patriot Coal Corporation(PBR890): Emerges from bankruptcy as a privately held company in December, 2013
While there were a significant number of deletions, we also added in a few new companies. They are(Rankings for January):
– Acxiom Corporation(PBR1048): Business information and data processing services
– AMC Networks(PBR1004): Cable and other pay television services
– American Airlines Group(PBR108): Air transportation services. From merger of AMR Corp & US Airways in December, 2013
– Crocs, Inc(PBR1051): Rubber & plastics footwear
During the 4th quarter of 2013 17 new CEOs were appointed in The PBR1000. This does not reflect in the report because the month is not provided. We hope to add the month field in the future, however. There will be a number of new CEOs appointed in January, most of which will be reflected in the February report.
Earnings reports for all of 2013 will now start flowing in over the next few months. We will be adding those to future reports as they become available.
Other reports and opinion pieces for January will be out soon.
Enjoy the start of the New Year! We look forward to helping you by keeping good track of these key companies throughout the year.
(The purpose of The PBR1000 is to provide a wide range of interested people with key demographic, industry, financial, personnel, and comments/news briefs on over 1,000 of the largest publicly traded companies with principal offices in the US, companies that have a huge impact on the US and world economies. This information is updated monthly and published in Excel format as The PBR1000 Monthly Update Report. During a month several supplementary reports are published as well.
Larry C. Paxton is the President/CEO of Pax Business Resources, LLC. PBRMarketTools is the marketing research unit. For several years Larry has worked for and provided products and services to The PBR1000 companies.)
(Photo courtesy of FreeDigitalPhoto.net)
