Newcrest 1H Profit Slides 88% on Gold Price Drop
Feb. 14 (Bloomberg) -- Newcrest Mining, Australia’s biggest gold producer, said first-half net income fell 88 percent after bullion dropped and an increased tax payment. Paul Allen takes a look at the numbers on Bloomberg Television's "First Up." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
42:08 - 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)