Akamai Technologies Tops Boston Globe 100 for 2006; Home Depot garners first place in inaugural Globe National 25; Complete results available at www.boston.com.BOSTON -- The Boston Globe today announced the release of its annual Globe 100, a ranking of the top Massachusetts-based, publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . Cambridge-based Akamai Technologies Akamai Technologies, Inc. (NASDAQ: AKAM) is a company that provides a distributed computing platform for global Internet content and application delivery, headquartered in Cambridge, Massachusetts. , a global service for distributing online content and business processes, garnered "Company of the Year" honors. Debuting this year is the Globe National 25, a ranking that indexes the leading publicly-traded national companies that are among the top 100 employers in the Bay State. Big-box retailer Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box earned the number one ranking in the Globe National 25. "The top of this year's Globe 100 class has companies representing all the key industries we like to think are key drivers of the Massachusetts economy: Internet and communications technologies, defense contracting and technology, biotech, life sciences, and financial services. There's even a high-tech laundromat company at number 8," said Peter J. Howe, editor of the Boston Globe 100. "What is notable this year is the depth and breadth of industries represented unlike many of the 17 previous Globe 100 years, where often one or two market categories like high tech or life science dominated." Globe 100 The leading companies in this year's Globe 100 span a variety of industries including telecommunications, industrial manufacturing, biotech, financial services, medical devices and retail. Akamai, from the telecom sector, is joined by Billerica-based American Science and Engineering, which finished second and Genzyme, the Cambridge-based biotech giant, which placed third. Akamai soared to the top of the Globe 100 rankings despite having never cracked the top 100 since going public in 1999. Akamai's revenues totaled $283.1 million, a 34.8 percent increase from 2004. At the same time, the company showed a 608 percent increase in profit margin from a year ago. The Globe 100, now in its 18th year, ranks Massachusetts-based public companies based on financial data from the four quarters ending closest to December 31, 2005, and for corresponding quarters a year earlier. To be eligible, the company must be traded publicly for the entire 2005 calendar year on either the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , the Nasdaq or the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. and report revenue and profit for both 2004 and 2005. Companies are ranked on four criteria: return on average equity, one-year percentage change in revenue, one-year percentage change in profit margin and 2005 revenue. Globe National 25 For the first time, the Boston Globe ranked the top 25 public companies nationally that are among the top 100 employers in Massachusetts. Retail companies led the list, with home improvement company The Home Depot landing the top spot in the inaugural "Globe National 25." The Atlanta-based retailer posted $81.5 billion in revenues, an 11.5 percent increase from 2004. Lowe's, based in Morrisville, N.C., posted $43.2 billion in revenues, an increase of 18.6 percent and ranked second. Minnesota-based Best Buy saw a 12.4 percent bump in its revenues, which totaled $30.8 billion, and was ranked third. The inaugural Globe National 25 uses identical metrics as the Globe 100, ranking public companies that are among the state's largest employers and headquartered outside of Massachusetts. For the complete listing of Globe 100 and Globe National 25 companies, log on to www.boston.com/globe100. The Boston Globe is part of The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times Company (NYSE NYSE See: New York Stock Exchange : NYT NYT New York Times NYT National Youth Theatre (UK) NYT New York Transit (New York, USA) NYT New York Tribune ), a leading media company with 2005 revenues of $3.4 billion, includes The New York Times, the New York Times, The Morning daily newspaper, long the U.S. newspaper of record. From its establishment in 1851 it has aimed to avoid sensationalism and to appeal to cultured, intellectual readers. International Herald Tribune International Herald Tribune Daily newspaper published in Paris. It has long been the staple source of English-language news for American expatriates, tourists, and businesspeople in Europe. , The Boston Globe, 15 other daily newspapers, nine network-affiliated television stations, two New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. radio stations and 35 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment. |
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