Diamonds and Dogs
This is reality, and GW Pharmaceuticals (GWPH) is rising. Today they announced their Cannabidol (CBD) placebo test on Schizophrenia to have top line results, causing shares to be up 7% today. The patients that received the CBD showed a significant improvement on three different scales. Although this was an exploratory study, expect more to come from them in the future. GW's CEO plans on exploring more on the effects of CBD for multiple medical problems.
Enjoy your stay at LaSalle's (LHO) hotels. You might get comfortable, luxury hotels that LaSalle renovated, but their share price today dropped 4%. The company missed expectations of $345.1 million by $3.7 million. For the future they plan to rebrand three of their hotels in San Francisco that they hope will increase performance in their next quarter. They also reported a $.45 dividend per share today as well. With the holiday seasons right around the corner expect LaSalle to do better.
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.