STARS AND DOGS

The Globe and Mail Metro (Ontario Edition) - - Globe Investor - BY JOHN HEINZL

DOLBY LAB­O­RA­TO­RIES

Mul­ti­ple choice quiz! Ap­ple’s new $1,300 iPhone X is equipped with: a) a switch­blade – in case any­one tries to steal it from you; b) a vir­tual as­sis­tant who will re­mind you when it’s time to make an in­ter­est pay­ment on the credit line you took out to buy the phone; c) Dolby Vi­sion, a tech­nol­ogy that will make mo­bile con­tent look “even more amaz­ing,” ac­cord­ing to Ap­ple, whose an­nounce­ment sent shares of Dolby Lab­o­ra­to­ries soar­ing. An­swer: c.

DLB (NYSE), $58.29 (U.S.) up $7.80 or 15.4% over week

EM­PIRE CO.

Shares of su­per­mar­ket op­er­a­tor Em­pire Co. used to be about as ap­pe­tiz­ing as rot­ting spinach. Now, as the com­pany re­cov­ers from its botched 2013 ac­qui­si­tion of Safe­way, the stock is on ev­ery in­vestor’s shop­ping list. The owner of Sobeys and FreshCo re­ported an 18.9-per-cent in­crease in first-quar­ter ad­justed earn­ings to 32 cents a share, beat­ing es­ti­mates by a dime. With same-store sales ris­ing 0.5 per cent – the first in­crease in six quar­ters – in­vestors can’t fill their shop­ping carts fast enough.

EMP.A (TSX), $24.00 up $4.69 or 24.3% over week

HERTZ GLOBAL HOLD­INGS

Ouch, that Hertz. Shares of rental car gi­ant Hertz Global Hold­ing blew a tire and swerved into the ditch af­ter Mor­gan Stan­ley down­graded the stock to “un­der­weight” from “equal weight,” ex­plain­ing that “in­vestor ex­pec­ta­tions may be too high.” The shares had been on a roll, helped by a deal with Ap­ple to test self­driv­ing tech­nol­ogy, but with only two of 11 an­a­lysts now call­ing the stock a “buy,” it could be hav­ing an ex­tended stay in the re­pair shop.

HTZ (NYSE), $20.57 (U.S.) down $2.61 or 11.3% over week

CRUDE OIL

Re­mem­ber those fore­casts of $200 oil? Well, oil bulls would prob­a­bly be thrilled if it could just stay above $50 – a level it breached a few times this week. Pro­pelled by the In­ter­na­tional En­ergy Agency’s fore­cast that oil de­mand will climb this year by the most since 2015 and by spec­u­la­tion that OPEC may ex­tend pro­duc­tion cuts be­yond March, crude posted its big­gest weekly ad­vance since July. Might want to fill up the gas tank now.

WTI $49.89 (U.S.)/bar­rel up $2.41 or 5.1% over week

DOW JONES IN­DUS­TRIAL AVG.

There once was this thing called the Dow That kept hit­ting records, and how De­spite Jong-un and Irma And un­rest in Burma Its per­for­mance was re­ally, like, wow!

DJIA, 22,268.34 up 470.55 or 2.2% over week

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