Nightly Business Report (PBS) - 2004-04-21

Name: Nightly Business Report (PBS) - 2004-04-21
Uploaded: 2025-12-29
Duration: 1640 s
Channel: malgent
Description: Read a transcript preview of “Nightly Business Report (PBS) - 2004-04-21” from malgent, uploaded on 2025-12-29.

Channel: malgent

Uploaded: 2025-12-29

Duration: PT1640S

Read a transcript preview of “Nightly Business Report (PBS) - 2004-04-21” from malgent, uploaded on 2025-12-29.

Transcript preview

Language: English (YouTube automatic captions)

[0:02] [music]

[0:05] It's Alan Greenspan, take two. As the

[0:07] Federal Reserve chairman appears before

[0:09] Congress [music] for a second day of

[0:11] testimony, he's upbeat about the economy

[0:13] and predicts interest rates will head

[0:15] higher, just like he did yesterday. But

[0:17] there's little reaction [music] to his

[0:18] comments on Wall Street, unlike what

[0:20] happened yesterday.

[0:22] >> It's [music] full speed ahead for

[0:24] Norfolk Southern. The railroad reported

[0:26] record quarterly revenues and profits.

[0:28] We'll talk with his chairman and CEO

[0:30] about how he's keeping the [music]

[0:31] company on track.

[0:33] >> Going up, sales of Otus Elevators are,

[0:36] and so are the profits of its parent,

[0:37] United Technologies. The company says

[0:39] [music] its first quarter earnings are a

[0:41] great way to start 2004.

[0:44] [music]

[0:44] >> Then they're called Wall Street's Farm

[0:47] Team. We look at a program that lets

[0:49] college students work as stock analysts

[0:51] with thousands of real life investors

[0:53] who using their work.

[0:55] >> I'm Paul Kangas. and I'm Susie Gar.

[0:58] [music] This is Nightly Business Report

[0:59] for Wednesday, April 21st.

[1:02] >> Nightly Business Report is made possible

[1:05] by Franklin Templeton Investments,

[1:08] providing a unique perspective through

[1:10] the specialized investment expertise

[1:12] [music]

[1:13] of Franklin Templeton Mutual Series and

[1:16] Fiduciary Trust. [music]

[1:17] Franklin Templeton Investments. Gain

[1:20] from our perspective.

[1:23] [music]

[1:24] When financial consultants are free to

[1:26] do whatever is right for their clients,

[1:28] their clients tend to really appreciate

[1:30] them. Ag [music]

[1:33] Edwards, fully invested in our clients.

[1:37] From ass