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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

2/28/18

Retailers and TJX look good so far in 2018. The parent of T.J. Maxx, Marshall's, and Home Goods is up 7% thanks to better than expected earnings. The company beat earnings estimates and more importantly beat sales estimates and lifted guidance for the first quarter and full year.  The company also looks to raise their dividend. Finally some good news for the retail space outside Amazon.

Tough day in Frontierland. Regional telecom company, Frontier (FTR) is down 34% after suspending their dividend. Frontier's board of directors voted to suspend the payment of quarterly dividends in order to refocus the company's capital on repayment of debt balances before the stock goes to zero. The stock is down 84% in the last year.

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.