Skip to main content

A humorous look at the companies that caught our eye, for better or worse, this week

Beyond Meat (STAR)

Multiple-choice quiz! Following a hugely successful IPO earlier this month, Beyond Meat extended its gains this week after Tim Hortons said it is testing: a) a Beyond Meat Oreo Iced Capp made with Oreo cookie bits and chunks of simulated ground beef; b) Beyond Meat Timbits with a sweet, glazed outside and a soft, meaty centre; c) three Beyond Meat breakfast sandwiches that will be rolled out across Canada “if market tests prove their potential.” Answer: c.

BYND - Nasdaq

Story continues below advertisement

Boyd Group Income Fund (STAR)

Not fun: Spending thousands of dollars to fix a dent in your car. Fun: owning shares of body-shop operator Boyd Group. Boosted by acquisitions and strong same-store sales growth at its existing collision-repair centres across North America, Winnipeg-based Boyd Group said revenue rose by 23.1 per cent to $557.9-million and adjusted earnings increased 39.7 per cent to $29.2-million in the first quarter, beating estimates. With analysts increasing their price targets on the shares, investors are driving away with big profits.

BYD.UN - TSX

Dillard’s (DOG)

True or false: U.S. department-store chain Dillard’s uses the advertising tag line “Dillard’s is for dullards." Answer: false. Still, investors probably didn’t feel very smart this week, when the retailer posted first-quarter sales that missed expectations, causing its stock to crater. With hedge fund Greenlight Capital closing out its stake in the company and analysts cutting their price targets on the shares, only a dummy would think this is a good stock to own.

DDS - NYSE

Corus Entertainment (DOG)

Geez, thanks a bunch, Shaw Communications. Just when Corus Entertainment seemed to be getting its financial house in order, propelling its stock to a year-to-date gain of nearly 70 per cent, Shaw spoiled the party by announcing it will divest its 80.6 million Corus class-B shares in a bought deal at $6.80 a share – a 15.6-per-cent discount to the market price before the deal was announced. Investors greeted the news with a Corus of boos.

CJR.B - TSX

Transat A.T. (STAR)

Program! Get your program! You can’t follow all the airline deals without a program! Days after private-equity firm Onex Corp. announced a deal to buy Calgary-based WestJet Airlines Ltd. for $3.5-billion, or $31 a share, Air Canada said it has entered into exclusive discussions to buy airline and vacation operator Transat A.T. Inc. for about $520-million, or $13 a share. Here’s an idea: Why don’t we just create one big airline and get it over with?

Story continues below advertisement

TRZ - TSX

Report an error Editorial code of conduct
Tickers mentioned in this story
Unchecking box will stop auto data updates
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

Cannabis pro newsletter