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Collins Stewart Analyst Downgrades Apple and Western
Digital -04/24/09 at
11:26 AM CDTby Perry
Rod
Ashok Kumar, a little known analyst from Collins
Stewart, has been making many negative calls as of late. This
morning he downgraded Western Digital (WDC) and Apple Inc. (AAPL),
which may have caused those stocks to fall in the early morning
hours on Wall Street. This week, Kumar also had negative things to
say about AMD after its report, and last w...
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Citigroup Cuts 20% of Workforce -11/17/08 at 10:37 AM CSTby Peter York
50,000 people is a lot of people. That's
50,000 on top of 20,000 layoffs. Citigroup (C) has cut off
approximately 30% of its workforce now amid the economic crisis as
cost cutting continues. The danger of all of it is that this
is happening in the crucial holiday period, one week before
Thanksgiving. And it's on top of 5% to 10% cuts byJ...
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