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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

July 13, 2010

Diamond
Vivus, Inc. (VVUS)

Vivus' shares have been one of the most active NASDAQ-traded stocked today. Their stock had jumped after a briefing was sent to the Food and Drug Administration that stated that according to researchers their diet-drug is an effective weight-loss agent. Vivus' new weight-loss pill, Qnexa, is now under review of the FDA and the decision from the committee will be made on Thursday of this week. Nevertheless Vivus stock, along with other biotech companies, has risen. Vivus stock has jumped 13.3% or $1.42 to 12.07 a share.

Dog
Del Monte Foods Co. (DLM)

Del Monte shares dropped due to their cutting of their fiscal sales outlook for their plans of increasing promotional spending for their packaged fruits and vegetables. This promotion spending comes as a result of the competitive nature of the industry and customers continually looking for deals in grocery stores. Their plans are designed to increase their sales from 2% to 4%. DLM stock has dropped around 3% or $0.45 to about $14.24 a share.
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.