Avoid Qantas, Virgin Australia Stock: Esho

Feb. 27 (Bloomberg) -- Peter Esho, Sydney-based chief market analyst at Invast Securities Co., talks about Qantas Airways Ltd. and Virgin Australia Holdings Ltd. Qantas, Australia's biggest airline, will cut 5,000 jobs and defer new jets after posting an A$252 million ($226 million) loss as Chief Executive Officer Alan Joyce steps up the case for government assistance. Esho speaks with Mia Saini on Bloomberg Television's "First Up." (Source: Bloomberg)

UniCredit’s Ghizzoni Survives Calls for Management Shift
55:41 - UniCredit SpA said its board unanimously backs Chief Executive Officer Federico Ghizzoni, rebuffing shareholders who have called for a change in management. The comments came in a regulatory statement Tuesday after Italy’s biggest bank said fourth-quarter profit fell on one-time charges related to the lender’s reorganization and its share of costs for winding down four Italian banks.
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