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

1/291/8

Dr Pepper Snapple (DPS) is bubbling higher. Dr. Pepper is up 24% after Keurig Green Mountain agreed to buy them for more than $21 billion (£15 billion), bringing the world's biggest single-serve coffee brand, K-Cup, and beverages such as 7UP, Snapple and Sunkist under one roof. The deal is the latest stage of a five-year old push into the U.S. food and beverage market by Germany's JAB Holding Co. which took Keurig owner Green Mountain Coffee Roasters private in 2016, swallowed a part of Mondelez's international coffee business a year earlier and has bought restaurant chains Krispy Kreme and Panera Bread Co.

Wynn Resorts (WYNN) is back to back dogs. After dropping 10% on Friday, Wynn is down another 8% today as the allegations of sexual misconduct by billionaire CEO Steve Wynn continue to reverberate. Steve Wynn resigned as finance chairman of the Republican Party's fundraising arm on Saturday, and adding insult to injury, Saturday was his birthday.

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.