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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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