Nightly Business Report (PBS) - 2002-01-16

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Read a transcript preview of “Nightly Business Report (PBS) - 2002-01-16” from malgent, uploaded on 2026-01-19.

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Language: English (YouTube automatic captions)

[0:03] deposit losses 56. [music] We'll wrap up

[0:06] today's big numbers. Good evening. I'm

[0:08] Paul Kangas in Miami.

[0:10] >> And I'm Susie Garb at the New York Stock

[0:12] Exchange. The Arthur Anderson exec in

[0:14] charge of the Enron case was in

[0:15] Washington today cooperating with

[0:17] congressional investigators one day

[0:19] after his company fired him. Details

[0:21] coming up. Then catering to kids. It's

[0:24] an American success story in the middle

[0:26] of Japan's brutal recession.

[0:29] Nightly Business Report is brought to

[0:31] you by [music]

[0:41] [music]

[0:47] [music]

[0:48] AG Edwards providing investment banking,

[0:51] cash management, and retirement [music]

[0:53] plans for businesses.

[0:57] AG [music] Edwards. Trusted advice.

[1:00] Exceptional service.

[1:02] [music] Markets may rise or they may

[1:05] fall. Who helps [music] companies

[1:08] prepare for the unpredictable? For

[1:10] business advisory services, [music] the

[1:12] answer is the people of Deote and Touch.

[1:18] Franklin Templeton Investments providing

[1:20] a [music] perspective for success

[1:22] through Franklin Templeton and Mutual

[1:25] [music] Series Funds. Franklin Templeton

[1:27] Investments. Gain perspective.

[1:31] [music]

[1:33] >> Good evening everyone. A busy day for

[1:35] earnings led to a bad day on Wall

[1:37] Street. The Dow tumbled 211 points and

[1:39] the Nasdaq dropped 56. Profit growth

[1:42] concerns weighed heavily on investors as

[1:44] they studied a whole slew of quarterly

[1:46] reports from bigname companies today.

[1:48] The big news after the bell, Compact

[1:50] Computer reported better than expected

[1:52] profits, 6 cents a share. That was 5

[1:54] cents better than estimates. Here's

[1:56] Erikica Miller with a roundup of the

[1:57] rest

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