As All Eyes Focus on Amazon.com and Wal-Mart Stores, While Apple, Mac... -12/20/09 at 1:49 PM CSTby Reggie Abaca

Unique visitor estimates at Compete.com show that internet traffic in the month of November rose dramatically at several popular websites.  Of the largest United States online retail portals, the biggest winners in the month of November were Apple.com Inc. (NASDAQ:AAPL) which rose 39.9% and the Macy’s, Inc. (NYSE:M) website, which rose 38.6%.&n...

Can Apple Inc. Grow its Earnings by 37% Annually for the Next 10 Years? -11/16/09 at 9:22 AM CSTby Dhananjayan J

ANALYSIS: In using reverse valuation by a discounted cash flow model with a price level of $185 as the base with Apple Inc (NASDAQ:AAPL), at the current price, Apple should grow its earnings by 37% annually for the next 10 years with terminal growth of 3%. Now, the question of course is, can Apple grow by 37% annually? With high probability, we feel it is...

Three Short Hours Inside the SEC, and an International Bancshares Cor... -10/01/09 at 12:19 AM CDTby Judd Bagley

And so it was with today’s second and concluding session of the SEC’s roundtable on securities lending and short selling: I expected the absolute worst, but in the end was pleasantly surprised to find that it wasn’t quite as bad as I feared. That’s not the same as proclaiming it a good thing, because it was not. Indeed, I stick by ...

Sirius XM Radio Inc iPhone Application Does Not Include Howard Stern ... -06/17/09 at 11:46 PM CDTby Peter York

The first downloaders of SIRIUS XM Radio for the iPhone are reporting that the application does not include certain popular channels including Howard Stern's Sirius channel.  Sirius (NASDAQ:SIRI) posted an explanation on their website: "SIRIUS & XM offer all of the channels for which we have mobile performance rights. For that reason, certain cha...

Western Digital Guides For Higher Profit -04/23/09 at 5:53 PM CDTby Perry Rod

A day after its biggest competitor, Seagate Technology, reported earnings in line with their guidance, Western Digital (WDC) handily beat the average of fourteen analyst revenue and earning estimates this evening.  Even the highest estimate of .23 was too low, as Western Digital said it earned .30 before certain expenses.  The hardware maker's e...

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...