Home Depot Beats Profit Estimates, Raises Forecast

Aug. 14 (Bloomberg) -- In "Street News," Bloomberg's Scarlet Fu reports on today's top stories including Home Depot beats second-quarter profit estimates and raises its yearly profit forecast, the German and French economies slowed less than forecast for the second quarter, Standard Chartered's CEO is in New York and prepared for a hearing with the state banking superintendent, Groupon falls short of second-quarter revenue estimates and Syrian rebels claim to have shot down a government fighter jet. She speaks on Bloomberg Television's "Bloomberg Surveillance."

"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
26:46 - 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)
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