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CNNW World Business Today October 26, 2011

the former libyan leader was buried at a secret location in the desert. a handful of supporters paid their respects. in tunisia, a moderate party has won the country s first free election. the country s once banned party has begun coalition talks, but the results have some worried that the rise of a religious party might endanger civil rights especially for women. and now officials say they ll reach out to secular political parties to form a broad-based moderate coalition. the thai government is in crisis mode as floodwaters push further into bangkok. they shut down the city s second airport on tuesday. waters ep croced onto runways making takeoffs and landings impossible. the airport s been doubling as a shelter and headquarters for flood relief operations. those are the headlines from cnn, the world s news leader. i m zain verjee, and world business today starts now. it s the day investors have been waiting for. they meet in brussels to hash out a complex plan t ....

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Detailed text transcripts for TV channel - MSNBC - 20111005:09:40:00

A fairly negative day with the s&p floating in and out of bear market territory. the market believes the fed will do what s necessary. then there was news out of europe later on in the day about bank recapitalizations that lifted the exchanges. and as we came to the close, the dow up 1.4%, the s&p made more than 2% and the nasdaq also putting in a strong session. today we ve had a moody s downgrade three notches for italy that the markets are having to come to. having said that, we re still positive in the trading session here. and of course the iphone 4, or was it a 5, some disappoint in the market about that. apple shares down as much as 5% through the trade late on in the u.s. so we ll be watching the techs closely, as well. all right, geoff, thanks so much. people come to expect so much, some people saying i thought we were getting a new phone. i guess it looks a lot like the ....

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