Issue link: https://nebusinessmedia.uberflip.com/i/765546
Economy www.HartfordBusiness.com decemBer 26, 2016 • Hartford Business Journal 79 BOOK OF LISTS & ECONOMIC FORECAST 2016-2017 Largest publicly traded companies based in Connecticut (Ranked by market capitalization as of June 15, 2016) Stock price at close Annual revenues (millions) Net income (millions) Rank Company; Ticker Market cap (millions) June 15, 2016 June 15, 2016 Dec. 31, 2015 Dec. 31, 2014 2015 2014 2015 2014 CEO 1 General Electric Co. (1); GE 3135 Easton Turnpike Fairfield, CT 06828 203-373-2211; www.ge.com $281,300 $30.59 $31.15 $25.27 $117,385.00 $117,184.00 ($6,113.00) $15,226.00 Jeffrey Immelt 2 United Technologies Corp.; UTX 1 Financial Plaza Hartford, CT 06103 860-728-7000; www.utc.com $84,140 $100.54 $96.07 $115.00 $56,098.00 $65,100.00 $7,608.00 $6,220.00 Gregory Hayes 3 Priceline.com Inc.; PCLN 800 Connecticut Ave. Norwalk, CT 06854 203-299-8000; www.priceline.com $64,800 $1,305.42 $1,274.95 $1,140.21 $9,223.99 $8,441.97 $2,551.36 $2,421.75 Jeffery Boyd (2) 4 Aetna Inc.; AET 151 Farmington Ave. Hartford, CT 06156 860-273-0123; www.aetna.com $42,040 $119.92 $108.12 $88.83 $60,336.50 $58,003.20 $2,390.20 $2,040.80 Mark T. Bertolini 5 Cigna Corp.; CI 900 Cottage Grove Road Bloomfield, CT 06002 860-226-6000; www.cigna.com $32,460 $126.56 $146.33 $102.91 $37,988.00 $34,914.00 $2,094.00 $2,102.00 David M. Cordani 6 Praxair Inc.; PX 39 Old Ridgebury Road Danbury, CT 06810 800-772-9247; www.praxair.com $31,950 $112.00 $102.40 $129.56 $10,776.00 $12,273.00 $1,547.00 $1,694.00 Stephen F. Angel 7 Alexion Pharmaceuticals Inc.; ALXN 100 College St. New Haven, CT 06510 203-272-2596; alexion.com $29,020 $129.55 $190.75 $185.03 $2,604.05 $2,233.73 $144.38 $656.91 David Brennan (3) 8 Charter Communications Inc. (4); CHTR 400 Atlantic St. Stamford, CT 06901 203-905-7801; www.charter.com $22,490 $221.19 $183.10 $166.62 $9,754.00 $9,108.00 ($271.00) ($183.00) Thomas M. Rutledge 9 Amphenol; APH 358 Hall Ave. Wallingford, CT 06492 203-265-8900; www.amphenol.com $18,020 $58.51 $52.23 $53.81 $5,568.70 $5,345.50 $763.50 $709.10 Richard Adam Norwitt 10 The Hartford Financial Services Group (5); HIG 1 Hartford Plaza Hartford, CT 06155 860-547-5000; www.thehartford.com $17,050 $43.33 $43.46 $41.69 $18,485.00 $18,614.00 $1,682.00 $798.00 Christopher J. Swift 11 Stanley Black & Decker Inc.; SWK 1000 Stanley Drive New Britain, CT 06053 860-225-5111; www.stanleyblackanddecker.com $16,790 $111.84 $106.73 $96.08 $11,171.80 $11,339.00 $883.70 $761.00 James M. Loree (6) 12 Starwood Hotels & Resorts Worldwide (7); HOT 1 StarPoint Stamford, CT 06902 203-964-6000; www.starwoodhotels.com $12,440 $73.36 $69.28 $81.07 $5,763.00 $5,983.00 $489.00 $633.00 Thomas Mangas (8) 13 Xerox Corp. LTD; XRX 45 Glover Ave. Norwalk, CT 06856 203-968-3000; www.xerox.com $10,040 $9.91 $10.63 $13.86 $18,045.00 $19,540.00 $474.00 $1,013.00 Jeff Jacobson 14 IMS Health Holdings Inc.; IMS 83 Wooster Heights Road Danbury, CT 06810 203-448-4600; www.imshealth.com $8,263 $25.05 $25.47 $25.64 $2,921.00 $2,641.00 $417.00 ($189.00) Ari Bousbib 15 W.R. Berkley Corp.; WRB 475 Steamboat Road Greenwich, CT 06830 203-629-3000; www.wrberkley.com $6,757 $55.11 $54.75 $51.26 $7,239.77 $7,128.93 $503.69 $648.88 William R. Berkley 16 FactSet Research System; FDS 601 Merritt 7, 3rd Floor Norwalk, CT 06851 203-810-1000; www.factset.com $6,476 $158.42 $162.57 $140.75 $1,006.77 $920.34 $241.05 $211.54 Philip Snow 17 SS&C Technologies Holdings Inc.; SSNC 80 Lamberton Road Windsor, CT 06095 860-298-4500; www.ssctech.com $5,766 $58.18 $68.27 $58.49 $1,000.28 $767.86 $42.86 $131.13 William C. Stone 18 Frontier Communications; FTR 401 Merritt 7 Norwalk, CT 06851 800-921-8101; frontier.com $5,701 $4.86 $4.67 $6.67 $5,576.00 $4,772.49 ($196.00) $132.89 Daniel J. McCarthy 19 Hubbell Inc.; HUB.A/HUB.B 40 Waterview Drive Shelon, CT 06484 475-882-4000; www.hubbell.com $5,600 $102.10 $101.04 $106.83 $3,390.40 $3,359.40 $277.30 $325.30 David G. Nord 20 Harman International; HAR 400 Atlantic St. Stamford, CT 06901 203-328-3500; www.harmon.com $5,345 $75.75 $94.21 $106.71 $6,155.30 $5,348.48 $342.68 $234.69 Dinesh C. Paliwal 21 People's United Financial Inc.; PBCT 850 Main St. Bridgeport, CT 06604 203-338-7001; www.peoples.com $4,750 $15.28 $16.15 $15.18 $1,309.70 $1,381.40 $260.10 $251.70 John P. Barnes 22 Blue Buffalo Co.; BUFF P.O. Box 770 Wilton, CT 06897 800-919-2833; www.bluebuffalo.com $4,723 $24.07 $18.71 NA (9) $1,027.45 $917.76 $89.39 $101.93 Kurt Schmidt Source: Yahoo Finance, Wolfram Alpha, SEC filings and company reports. Note: Stock closing prices adjusted for dividends and splits. Net income available to common shares. NA = Not available. (1) GE is in the process of relocating its corporate headquarters to Boston, a move that is expected to be completed by 2018. (2) Took position as interim CEO on April 28, 2016 upon Darren R. Huston's resignation. (3) Named Interim CEO, Dec. 12, 2016, upon the resignation of David L. Hallal. (4) Charter completed its acquisition of Time Warner Cable Inc. on May 18, 2016; the company continues to be led by Tom Rutledge. (5) Completed acquisition of Georgia-based Maxum Specialty Insurance Group for $168 million in cash in July 2016. (6) Succeeded John F. Lundgren upon his retirement in July 2016. (7) In Sept. 2016, Marriott International completed its acquisition of Starwood Hotels for $13.6 billion. (8) Succeeded Adam Aron Jan. 4, 2016. (9) IPO occurred on July 22, 2015. —Compiled by Stephanie R. Meagher.