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Detailed text transcripts for TV channel - MSNBC - 20120817:09:38:00

street journal s running an interesting piece saying zuckerberg now acknowledging this to his employees for the very first time and he s trying to boost morale among his employees, saying the investments we ve made, they will bear fruit very soon. and the markets will come to appreciate that. very quickly just before i wrap things up, let s take a look at how u.s. stock markets are set to open on this beautiful friday morning. we re expecting a mixed start to the trading day. the dow jones just slightly hire while the s&p 500 which did close at a four month high yesterday is marginally lower. cisco one of the best performers yesterday after this company raised its dividend. jonathan, back over to you. carolyn, thanks. still ahead, firefighters struggle to contain the flames raging across a huge portion of the western u.s. we ll have a report on where the fires are hitting the hardest and check on weather. plus the dodgers matt kemp is none it too pleased by his

Stock marketsTrading dayDow jonesCarolyn shoberJonathan capehart sportsSp 500Cisco one of the bestMatt kempWestern us

Detailed text transcripts for TV channel - MSNBC - 20120817:09:37:00

he reportedly concede that had it may be pain pl to watch the stock at times. for more on this and other business headlines, we turn to cnbc carolyn shober who is live in germany. why are investors jumping ship? good morning. certainly investors not liking facebook shares too much. the lockout for employees has yet expired. so yesterday we saw share price of facebook falling quite heavily. and i should point out that since the ipo, shares have fallen some 50%. yes, you heard me right. and we also saw very heavy trading volume in facebook shares yesterday. more than four times the daily average. and that 50% share price drop, yes, that has got to hurt and in connection with that, the wall

Carolyn shoberBusiness headlinesShare priceShare price dropTrading volumeWall street journal

Detailed text transcripts for TV channel - MSNBC - 20120716:09:40:00

government investigators are looking into allegations that financial firms altered rates in an effort to bolster profits and fend off questions about their economic health and the global financial crisis. an early look at the markets as we get all up in your business this morning. cnbc s carolyn shober is live in london and joins us now. what do we have in monday, carolyn? let me give you the latest on the libor fixing probe. it stands for london interbank offered rate. this is the bank at which banks lend to eacher and it s the basis of trillions of financial transactions in this world. and the libor rate was manipulated by a number of banks during the financial crisis. the investigation has brought down the management of uk-based bank, barclays and is spelling over to the u.s. because the new york times reporting over the weekend, that the u.s. justice department is building criminal cases against a number of banks.

Government investigatorsCarolyn shoberLibor fixing probeLibor rateThe new york timesUs justice department

Detailed text transcripts for TV channel - MSNBC - 20120716:09:41:00

it didn t say which banks. but we know that among the u.s. banks being implicated, jpmorgan, citigroup and bank of america. also what does it mean for the u.s. banks? well morgan stanley came out with an interesting estimate a couple of days ago. as saying that the total regulatory fines for all the 12 banks being implicated could amount to $22 billion. that would be quite a massive cost. also for u.s. banks it could reduce 2012 eps by between 4% and 13%. back over to you. carolyn, thanks so much. appreciate it. still ahead on way too early just months after linsanity swept the big apple, it appears the new york knicks may be ready to yet their young point guard walk. the latest on jeremy lin s future and an update on another star knick who found himself in handcuffs over the weekend. oh my god, the new york media market, what will they do. and the quiet police strike in london where the plug is pulled on a concert featuring none over than the boss and paul

Bank of americaMorgan stanleyIt didnt say22 billion2 billionNew york knicksCarolyn shoberPoint guard walkBig applePaul mccartneyStar knickMedia marketOh my god

Detailed text transcripts for TV channel - MSNBC - 20100217:10:38:00

Detailed text transcripts for TV channel - MSNBC - 20100217:10:38:00
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