Detailed text transcripts for TV channel - KGO - 20120518:09:35:00
Down 11 times in just the past 12 sessions. the market is down nearly 6% since may the 1st. that's when the index closed at a four-year high. and don't look to asia for a lift to the markets here today. the major indices are showing a big loss again because of ongoing troubles in europe and a disappointing new report about u.sring the major foreign indexes are off by as much as 2%. computer giant hewlett-packard may be on the verge o makome layoffs. reports say anywhere from 25,000 to 30 on line. if the comptecutst wothatical could be the sirges layoff since bank of america pli30,0ple fall...