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

1/5/18

Xilinx (XLNX) charges ahead. Share prices of this programmable chip company have risen almost 5% on the back of an announcement yesterday that CEO Moshe Gavrielov will be stepping down, to be replaced by Victor Peng, the former COO. Peng has emphasized a pivot to software and machine learning, news that has been well received by investors and institutions like Goldman Sachs, who upgraded the stock from "neutral" to "buy" this morning.

Constellation Brands (STZ) not in high spirits. Despite pockets of good news, a mixed earnings report ultimately disappointed investors to start the New Year. In particular, a sharper than expected drop in wine and spirits sales (down 10.3%) and a lower than expected total revenue (missed expectations by .6%) led to a 1.78% fall in the company's share price.

 

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.