A humorous look at the companies that caught our eye, for better or worse, this week
Research In Motion
Number of gushing newspaper, radio, Web and TV stories about the launch of the new BlackBerry 10: 4,989,543,175.
Number of BlackBerry 10 devices that will actually be in U.S. stores before March: 0.
Number, in per cent, that the price of RIM’s stock fell this week: 26.
Number of chances RIM (sorry, BlackBerry) has to get back into the smartphone race: 1.
Whirpool makes refrigerators, clothes dryers, ovens and other appliances that you should never crawl into – unless you really want to win the game of hide and seek. Speaking of winners, the stock’s more than doubled since last June as the company cut costs and offered fewer discounts, fattening its profit margins. With the U.S. economy improving and Whirlpool expecting earnings to double in 2012, investors are playing a new game: Count the money.
In the world of business, it’s hard to get more exciting than labels. Unless, of course, you’re talking about containers and tubes. Now, imagine putting labels, containers and tubes together and it’s, like, whoa! That’s what CCL shareholders have to look forward to now that the specialty packaging maker has agreed to acquire the labels and printed media businesses of Avery Dennison for $500-million (U.S.) cash – the largest deal in CCL’s history.
Now that’s exciting.
Sound a train makes: Choo choo.
Sound a Canadian Pacific Railway investor makes: Cha-ching!
Helped by cost cuts under CEO Hunter Harrison, the stock has been climbing for months. It gained more ground this week when strong fourth-quarter results prompted analysts to raise their price targets. Choo choo!
Audience makes processors that suppress background noise and enhance voice quality for mobile devices. (Tip: Yelling into the phone is also effective.) Helped by higher orders from Samsung following Apple’s decision to cut back on Audience’s components, the company posted strong fourth-quarter results and gave a bullish forecast that propelled the stock to its biggest gain since the IPO last May. Shareholders have plenty to talk about.