Nightly Business Report - 2002-10-03

Name: Nightly Business Report - 2002-10-03
Uploaded: 2025-12-29
Duration: 1608 s
Channel: malgent
Description: Read a transcript preview of “Nightly Business Report - 2002-10-03” from malgent, uploaded on 2025-12-29.

Channel: malgent

Uploaded: 2025-12-29

Duration: PT1608S

Read a transcript preview of “Nightly Business Report - 2002-10-03” from malgent, uploaded on 2025-12-29.

Transcript preview

Language: English (YouTube automatic captions)

[0:10] government regulators and the stock

[0:12] exchanges team up to reform Wall Street.

[0:15] We'll tell you about the latest moves to

[0:16] restore investor confidence. Good

[0:19] evening, I'm Paul Kangas

[0:20] >> and I'm Susie Garup. Stocks stumbled

[0:22] today as more earnings warnings

[0:24] flustered investors. The Dow fell 38

[0:26] points. The Nasdaq dropped 21. And

[0:29] Juniper Network stock fell 7% today. We

[0:32] talked with Juniper CEO Scott Ps on his

[0:35] turnaround plans for the company.

[0:38] >> Nightly Business Report is brought to

[0:40] you by

[0:47] With Every Solution,

[0:49] we free up business to look at the

[0:52] bigger picture.

[0:54] >> [music]

[0:57] >> AG Edwards, helping businesses raise

[1:00] capital and address complex financial

[1:03] challenges.

[1:06] AG Edwards, trusted advice, exceptional

[1:10] service.

[1:14] In today's network economy, who can help

[1:17] business respond when opportunity logs

[1:19] on?

[1:21] for e-business services. The answer is

[1:24] the people of Deote and Touch.

[1:28] >> Franklin Templeton Investments providing

[1:30] a perspective for success through

[1:33] Franklin [music] Templeton and Mutual

[1:35] Series Funds. Franklin Templeton

[1:37] Investments. Gain from our perspective.

[1:42] >> Good evening everyone. Top regulators

[1:44] join forces today to crack down on

[1:46] conflicts of interest on Wall Street. In

[1:48] separate announcements, the office of

[1:50] New York State Attorney General Elliot

[1:51] Spitzer and the Securities and Exchange

[1:53] Commission said they will work together

[1:55] along with the New York Stock Exchange

[1:56] and the National Association of

[1:58] Securities Dealers to quickly conclude

[2:00] many investigations into Wall Street

[2:02] abuses. The NYSC and NASD also