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

4/10/14

Ruby Tuesday Inc. (RT)

Ruby Tuesday is looking like a real gem today, up 11.91% to $6.67. The chain restaurant company saw its shares jump $0.71 after beating earnings estimates. For the quarter, Ruby Tuesday recorded a net loss of 4 cents a share and revenue of $295.55 million. Analysts anticipated a net loss of 8 cents a share and revenue of $284.22 million. The beat helped shares climb up near $7.00 intraday, however shares are still well off of their 52-week high of $9.90.

Imperva Inc. (IMPV)

Imperva Inc. is getting crushed today, down 43.66% to $28.02. The data center security company saw its shares plummet after pre-announcing expected earnings and being downgraded. Imperva announced much worse than expected earnings, net income falling 1202% to a loss of $9.43 million. The worse than expected earnings caused Oppenheimer analyst, Shaul Eyal, to downgrade the company to perform from outperform and remove his $65 price target. Shares of Imperva lost $21.73 today and set a new 52-week low of $26.67 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.