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

8/7/17

Rockwell Collins (COL) is rocking and rolling. The aviation systems company is up 6% to new highs following rumors over the weekend than United Technologies is interested in acquiring the firm. A merger between the companies would combine the largest and fourth largest aircraft parts manufacturers in the country. The rumor is Rockwell tuned down a $140 takeover bid.

Brighthouse Financial (BHF) is down 5% on its first day of trading after being spun off from Metlife. The former financial arm of Metlife will immediately enter the S&P 500. The analyst community has initiated coverage of Brighthouse, most with hold or buys ratings with price targets of $65, $71, $72, & $77.  However, Ciitgroup downgraded the stock with a $50 price target.

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.