The Top Ten Stocks for May 16
May 16 (Bloomberg) -- Bloomberg's Alix Steel, Julie Hyman and Cristina Alesci report on today's ten most important stocks including Rackspace, Cliffs Natural Resources and J.C. Penney. (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
56:54 - 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)