Detailed text transcripts for TV channel - MSNBC - 20100616:21:34:00
On big news from bp and a disappointing outlook for fedex. the dow jones industrial average adding 4.5 points and the s&p 500 down a fraction. the nasdaq up a smudge. bp announcing today it will suspend its dividend for the year and set aside $20 billion to pay victims of the oil spill. shares actually moved higher on the news now that investors are more certain of what's ahead for the company. fedex shares taking a pounding, down 6% on concerns about rising costs that could eat into future profits. nokia shares plunging almost 11% after warning that it is feeling the heat of a highly competit...
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