Citi Downgrades Apple on iPhone 5 Concerns
Dec. 17 (Bloomberg) -- In today's "Movers & Shakers," Bloomberg's Betty Liu reports that Apple shares dropped below $500 for the first time since February after Citigroup reduced its rating for the stock on concern that demand for the iPhone 5 is slowing. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
43:43 - 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)