Nightly Business Report (PBS) - 2008-05-06
Channel: malgent
Uploaded:
Duration: PT1586S
Read a transcript preview of “Nightly Business Report (PBS) - 2008-05-06” from malgent, uploaded on 2026-01-25.
Transcript preview
Language: English (original, YouTube automatic captions)
[0:08] [music]
[0:11] revenues are up at Cisco Systems. Sales
[0:14] at the computer networking equipment
[0:15] maker [music] jumped 10% to almost $10
[0:17] billion. The outlook from Cisco Chairman
[0:20] John Chambers coming up.
[0:22] >> Fanny May's [music] chief executive says
[0:24] when it comes to the mortgage mess,
[0:26] we're still in the thick of it. While
[0:28] the mortgage giant sees further home
[0:29] price declines, it's working on new
[0:31] initiatives to keep more borrowers in
[0:33] their homes.
[0:35] >> Downturn? [music]
[0:36] What downturn? Disney says its theme
[0:38] park and resort business is going strong
[0:40] despite the nation's economic woes. The
[0:42] Magic Kingdom's better than expected
[0:44] [music] results top tonight's stocks and
[0:46] the news.
[0:47] >> Then we continue our look at the state
[0:49] of the real [music] estate market with a
[0:51] very unique market. New York City. Home
[0:53] prices in Manhattan have held up while
[0:56] prices around the nation [music] have
[0:57] slumped dramatically.
[0:59] >> I'm Paul Kangas.
[1:00] >> And I'm Susie Garup. This is Nightly
[1:02] Business Report for [music] Tuesday, May
[1:03] 6th.
[1:05] >> Nightly Business Report is made possible
[1:08] by Franklin Templeton Investments.
[1:12] Providing a [music] unique perspective
[1:13] through the specialized investment
[1:15] expertise of Franklin Templeton Mutual
[1:17] Series and Fiduciary Trust. Franklin
[1:20] Templeton [music] Investments. gain from
[1:22] our perspective.
[1:25] >> This program is made possible by
[1:27] contributions [music] to your PBS
[1:28] station from viewers like you. Thank
[1:32] you.
[1:36] [music]
[1:40] Good evening everyone. Cisco Systems
[1:42] posted better than expected quarterly
[1:44] earnings and revenues late toda