FA Notes Friday October 22, 2010
9:58 CMG – FA updated financial model with key metrics charts. Link
9:48 NFLX – FA updated financial model with key metrics charts. Link
9:46 AMZN – FA updated financial model with key metrics charts. Link
5:25 UPS – UPS expects holiday volume to be up 7.5% y/y. The last two years were 0% and -4% respectively. Link
5:22 HPQ – HP unveiled their Slate 500 tablet. It has a 8.9 inch screen and will cost $800. It will run Windows 7. Link
5:21 Clear Capital says there was a 5.9% drop in national home prices over the last 2 months. Link
5:19 APOL – Apollo announced they received notice from the Attorney General of Florida that the State has started an investigation of possible unfair and deceptive trade practices committed by the University of Phoenix. Link
5:02 AMZN – Amazon to add 14-day lending feature to the Kindle. Link
4:50 Citigroup’s analysts said they expect the Fed to hold rates at 0% until inflation (PCE) hits 2%. They also expect $500-700B worth of QE to be announced at the November 2-3rd policy meeting at a monthly clip of $100B. Link
2:02 MSFT – Microsoft confirms the closing down of ad firm Massive after spending $200-400M for it 4 years ago. Link
1:44 NFLX – Netflix accounts for up to 20% of downstream internet traffic during peak evening hours. Link
11:29 VZ – Verizon reports Q3 earnings of 56c vs. 54c estimate and revenue of $26.48B vs. $26.34B estimate. The company guides Q4 earnings to 50-55c vs. 54c estimate.
8:37 NVDA – According to Taiwan-based card markers, Nvidia cut prices on the GTX 460 and 470 by 12.6 to 25.8%. Link