If you're feeling down, take my hand as we go over some of the more uplifting headlines of the past week. Yes, it wasn't all layoffs, missed earnings, and guidance knockdowns this time around.
1. Let's go, IPO
Investors complaining about a lack of new stocks worth buying may find themselves blaming the mostly dry IPO pipeline. Well, the news was good on that front this week with yesterday's debut of Changyou.com
The company behind a popular multiplayer Internet game in China, Changyou priced at the high end of its $14-$16 range. It opened at $22.06, before settling to close at $20.02. New media specialist Sohu.com
Changyou's healthy debut certainly qualifies as a Wall Street success. It also is spotlighted because Changyou is just the second company to go public on a stateside exchange this year. Let's hope the warm reception gets the pipeline flowing again.
2. Motion to adjourn
Research In Motion
Revenue soared an annualized 84% during the quarter. Earnings didn't grow as quickly, but a profit of $0.90 a share is comfortably ahead of Wall Street expectations. RIM gained 3.9 million net new subscribers during the period, closing out the quarter with roughly 25 million users.
Most of RIM's growth is coming from the consumer side, which is a refreshing surprise given both the company's corporate stronghold and the tightfisted ways of recession-weary consumers.
RIM's stock had surrendered two-thirds of its value since peaking last year, based on yesterday's close. The market is clearly loving the news this morning, given the robust early increase in its share price.
3. I kidney you not
Pharmaceutical giant Novartis
4. She loves me, Knot
Wedding planning site The Knot
It may not seem like much, but I decided to plug the names of some of the new sites into the leading search engines. It's looking good for The Knot. A query for "Austin Weddings" delivers both Austin.Weddings.com and The Knot's original site for Austin ceremonies.
In short, it's a move that took little effort at the beginning but should pay off over the years organically. I guess one could say it's a lot like a successful marriage.
5. You get 'em, Tiger
New York Times Co.
"If you're inclined to trust Google as your source for news, Google yourself," he said, as quoted in Politico.com.
Ouch! I don't think attacking Google -- both a great partner for online content creators and a lead generator for newspapers through Google News -- is fair. However, you have to like a newspaper guy who is willing to stand up and fight for what he believes in, at a time when "what's black and white and red all over" is indicative of so many income statements of weaker newspaper publishers.
Novartis is a Motley Fool Global Gains pick. Google, The Knot, and Sohu.com are Motley Fool Rule Breakers recommendations. Try any of our Foolish newsletters today, free for 30 days.
Longtime Fool contributor Rick Munarriz is an optimist at every turn. He's the inspiration for The Killers' "Mr. Brightside" song. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.