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Leigh Baldwin & Co.

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

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Diamonds and Dogs

4/27/16

Your dream might have come true with today's diamond. DreamWorks Animation (DWA) is surging higher by 17% today thanks to rumors that Comcast may make a $3 billion offer for the company.  Comcast currently owns Universal Pictures which created "Minions" and "Despicable Me." With the merger, Comcast would have a greater foothold in China and Asia. Currently, Comcast-NBCU are building a $3.3 billion theme park in Beijing with local investors. It's slated to open in 2019.

I had a little blue bird fly by and tell me that today's dog is falling out of the sky. Twitter (TWTR) is once again in the limelight as their shares tank by 15.5% closing in on a 52 week low. The company missed first-quarter revenue expectations and issued a downbeat outlook. The company saw a decline in user growth brand advertisers. Not a good sign. One analyst mentioned that with revenue growth showing significant deceleration, they have less confidence in the earnings power for the Twitter platform. Looks like management needs to brand their company 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.