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KQED Nightly Business Report August 4, 2011

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening everyone. susie gharib is off. i am joined by my colleague suzanne pratt. suzanne, a whipsaw day for wall street. it began with heavy selling on fresh worries about the economy and ended with a late day comeback for stocks. susie: tom, the services sector is the latest worry. today we learned a key measure of service activity fell to its lowest level since february 2010. and, investors shrugged off better-than-expected data on private sector jobs. a.d.p. reported that private employers added 110,000 new jobs in july. tom: by the closing bell, the blue chips had turned an 150- point loss into a gain. the dow rose almost 30 points, the nasdaq was up 23 and the s&p 500 added six. volume was heavier, with 1.3 billion shares moving on the big board and 2.6 billion on the nasdaq. suzanne: investors big and small have had their c

KQED Nightly Business Report August 4, 2011

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening everyone. susie gharib is off. i am joined by my colleague suzanne pratt. suzanne, a whipsaw day for wall street. it began with heavy selling on fresh worries about the economy and ended with a late day comeback for stocks. susie: tom, the services sector is the latest worry. today we learned a key measure of service activity fell to its lowest level since february 2010. and, investors shrugged off better-than-expected data on private sector jobs. a.d.p. reported that private employers added 110,000 new jobs in july. tom: by the closing bell, the blue chips had turned an 150- point loss into a gain. the dow rose almost 30 points, the nasdaq was up 23 and the s&p 500 added six. volume was heavier, with 1.3 billion shares moving on the big board and 2.6 billion on the nasdaq. suzanne: investors big and small have had their c

KQEH Nightly Business Report August 4, 2011

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening everyone. susie gharib is off. i am joined by my colleague suzanne pratt. suzanne, a whipsaw day for wall street. it began with heavy selling on fresh worries about the economy and ended with a late day comeback for stocks. susie: tom, the services sector is the latest worry. today we learned a key measure of service activity fell to its lowest level since february 2010. and, investors shrugged off better-than-expected data on private sector jobs. a.d.p. reported that private employers added 110,000 new jobs in july. tom: by the closing bell, the blue chips had turned an 150- point loss into a gain. the dow rose almost 30 points, the nasdaq was up 23 and the s&p 500 added six. volume was heavier, with 1.3 billion sharesinhe big board and 2.6 billion on the nasdaq. suzanne: investors big and small have had their confidence

WMPT Nightly Business Report August 3, 2011

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening everyone. susie gharib is off. i am joined by my colleague suzanne pratt. suzanne, a whipsaw day for wall street. it began with heavy selling on fresh worries about the economy and ended with a late day comeback for stocks. susie: tom, the services sector is the latest worry. today we learned a key measure of service activity fell to its lowest level since february 2010. and, investors shrugged off better-than-expected data on private sector jobs. a.d.p. reported that private employers added 110,000 new jobs in july. tom: by the closing bell, the blue chips had turned an 150- point loss into a gain. the dow rose almost 30 points, the nasdaq was up 23 and the s&p 500 added six. volume was heavier, with 1.3 billion shares moving on the big board and 2.6 billion on the nasdaq. suzanne: investors big and small have had their c

KQEH Nightly Business Report May 12, 2011

this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. my colleague tom hudson will be along later in the program. a verdict today in the largest probe of insider trading at a hedge fund in u-s history: billionaire investor raj rajaratnam was found guilty of all 14 counts. a jury convicted him on five counts of conspiracy to commit securities fraud and nine counts of securities fraud. the conviction, after an eight- week trial, is a huge win for the government s efforts to punish insider trading on wall street. we ll get analysis from a legal expert in just a moment, but first, erika miller was at the courthouse and has details on today s verdict. reporter: once a high-flying wall street investor, raj rajartnam is now a convicted felon. the founder of the galleon group hedge fund was convicted in a scheme that netted him $64 million in illegal profits. outside the courthouse, his

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