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Average answers correct: 1.6
BRIDGESTONE CORPORATION is a multinational auto and truck parts manufacturer founded in 1931 in Japan. In Nov. 2009, after 13 in the sport years, the company announced they would forfeit the position of ‘the official tire supplier of Formula 1’ at the end of 2010. The company released a statement that “The decision made by the board of directors comes after considerable and lengthy evaluations and has been based on the company’s need to redirect its resources towards further intensive development of innovative technologies”.
Start price (Nov 2 2009): $8.15
End price (Nov 2 2010): $8.88
BP P.L.C., often referred to as British Petroleum, is a British multinational oil and gas company headquartered in London. In Apr. of 2010, an explosion on the Deepwater Horizon drilling rig in the Gulf of Mexico caused the biggest accidental marine oil spill in history. Eleven people assumingly died due to the explosion and an estimated five million (5,000,000) barrels of oil (780,00M2) spilled out into the sea.
Start price (April 19 2010): $59.48
End price (April 19 20101): $44.68
EASTMAN KODAK COMPANY, commonly referred to as “Kodak”, is an American technology company that produces imaging products with its historic basis on photography. The company is headquartered in New York. After more than a decade of failing to compete against digital photography, the company filed for bankruptcy protection in Jan. 2012. However, with a fresh strategy focusing on commercial imaging and printing they rejoined the market in Sept. 2013.
Start price (Sept 23 2013): $19.40
End price (Sept 23 2014): $24.25
Procter & Gamble Co., also known as P&G, is an American consumer goods corporation. In Aug. 2014, the company announced it would drop roughly 100 brands from its assortment to focus on its remaining 80 brands.
Start price (Aug 1 2014): $79.65
End price (Aug 3 2015): $76.40
DUKE ENERGY is an electric power holding company in the United States. The company is headquartered in North Carolina but, outside of the US, also has assets in Canada and Latin America. In Jan. 2011, they announced they would acquire PROGRESS ENERGY INC, an energy fortune 500 company with more than 9 billion USD ($9,000,000,000) in annual revenue. DUKE ENERGY announced the bid was twenty five billion, 5 hundred million USD ($25,500,000,000).
Start price (Jan 03 2011): $53.58
End price (Jan 03 2012): $64.86