Europe Stocks Gain on Earnings as U.S. Futures Drop
European stocks rose the most in two weeks as companies’ earnings beat expectations. U.S. stock futures fell as Hurricane Sandy shut equity trading for the longest weather related interruption since 1888. The yen climbed.
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
58:41 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)