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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

12/13/16

JetBlue (JBLU) has had a mixed 2016, but it's ending the year on a high note. Its new routes to Cuba are getting strong buzz, demand is picking up, and its traffic is rising at a better rate than expected. The stock jumped 4.4%  after the company announced its traffic results and presented new data as part of a special investor day presentation. Traffic jumped 7.1%, faster than the 5.2% growth in the number of seats the company offered.

World Wrestling Entertainment (WWE) is on the ropes down 4% due to a decision by the company to raise as much as $200 million through a convertible notes which will dilute shareholders down the road.  WWE is also losing their former CEO Linda McMahon to Trump's Small Business Administration. Another body slam for the WWE.

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.

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Stock quotes, commentary, and opinions presented in this site are for informational purposes only and should not be considered as a solicitation to buy or sell any security. Leigh Baldwin & Co., LLC does not guarantee the accuracy or completeness of the information or make any warranties regarding results from its usage.

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