Moody's Bank Downgrades `Obscene Act,' Bove Says

June 22 (Bloomberg) -- Richard Bove, an analyst at Rochdale Securities, talks about Moody’s Investors Service's decision to downgrade 15 banks and the outlook for financials. Bove speaks with Tom Keene and Ken Prewitt on Bloomberg Television's "Surveillance." William Rhodes, chief executive officer of William R. Rhodes Global Advisors LLC, also speaks. (Source: Bloomberg)

Canadian National Beats Estimates After Cutting Costs
42:53 - Canadian National Railway reported second-quarter profit that topped analysts’ estimates as the carrier cut jobs and parked locomotives to blunt the effects of weakening freight demand. Bloomberg Intelligence's Lee Klaskow speaks on The Daily Brief. (Source: Bloomberg)
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