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.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

Subscribe

Enter your email:

Delivered by FeedBurner

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!