Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

11/7/13

Checkpoint Systems Inc. (CKP)

Checkpoint Systems is getting beat up today, down 22.37% at $13.50. The technology driven loss prevention (for retail companies) company saw its shares plummet after disappointing earnings. For the quarter Checkpoint announced an EPS of $0.22 on revenue of $174.5 million; both numbers fell short of analysts' expectations for an EPS of $0.29 on revenue of $174.56 million. Furthermore, Checkpoint Systems also reduced its full-year 2013 outlook, and now expects net revenue in the range of $680 million to $695 million, with earnings per share of $0.40 to $0.50. Previously, the company had projected full-year 2013 sales of $685 million to $700 million, and adjusted earnings of $0.65 to $0.75.

Geron Corporation (GERN)

Geron Corporation is skyrocketing today, up 44.75% at $5.21. The biopharmaceutical company saw its shares double in early trading (although pulling back since then) due to positive new regarding their trial of imetelstat. In the 18-patient Mayo Clinic study of Geron's imetelstat, 44% experienced clinical improvement, partial remission, or complete remission, triggering plenty of optimism over the drug's blockbuster potential. The positive news help shares of Geron reach a new 52-week high of $7.78 intraday.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.