Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

BlackBerry Ltd (BBRY), Priceline.com Inc (PCLN), Zillow Inc (Z): A Fool Looks Back

BlackBerry Ltd (NASDAQ:BBRY)BlackBerry Ltd (NASDAQ:BBRY) reportedly wants to take the easy way out. Shares of the company behind the fading smartphone platform moved higher on Friday after sources told Reuters that BlackBerry Ltd (NASDAQ:BBRY)’s board is weighing the decision to go private.

The allure of attempting a turnaround without having to please the market every three months is a reasonable strategy. There’s also value in the different parts of BlackBerry Ltd (NASDAQ:BBRY)’s business, and that kind of carving-out process is less messy if it’s done behind the scenes.

Wanting to go private and actually achieving the transaction are two entirely different things. We’ve seen proposed privatization efforts come undone. Shareholders can object. Financing can be hard to secure.

The bad news is that BlackBerry Ltd (NASDAQ:BBRY)’s going to have to spend money to make money. Its share of the smartphone market is shrinking, and the ballyhooed BlackBerry 10 mobile operating system upgrade wasn’t enough to woo potential smartphone buyers. Being public provides easier access to raising capital, and BlackBerry Ltd (NASDAQ:BBRY) can’t afford too many more miscues.

Briefly in the news
And now let’s take a quick look at some of the other stories that shaped our week.

Priceline.com Inc (NASDAQ:PCLN) nearly hit the magical share price of $1,000 after posting another quarter of blowout financial results. Investors should be used to this by now, as the “name your own price” travel portal has beaten Wall Street’s profit targets every single quarter since early 2006.

Zillow Inc (NASDAQ:Z) posted a 69% surge in revenue for its latest quarter, surprising the market with a small adjusted profit. The housing recovery seems to be the real deal, at least if we’re going by traffic to the leading residential real estate hub.

Universal Display Corporation (NASDAQ:OLED) was able to shine bright after a strong showing of its own. The OLED technology pioneer saw revenue and earnings climb 65% and 40%, respectively, in its latest quarter. Analysts concerned about slipping orders were willing to settle for far less. It’s always nice when you surprise on the upside.

The article A Fool Looks Back originally appeared on Fool.com and is written by Rick Munarriz.

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends and owns shares of priceline.com, Universal Display, and Zillow.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!