Detailed text transcripts for TV channel - MSNBC - 20110127:20:30:00
Hello i'm simon hobbs with your cnbc market wrap. we spent the session oscillating around dow 12,000, s&p 1300. the number of people who sign contracts to buy homes rose 2% last month, the fifth increase in six months. a big reason for the jump is that people are buying homes that have been foreclosed on. fashion house prada moving ahead with plans to go public. its board met today to start the process of listing on the hong kong stock market. the company did not give a time frame. that's it from cnbc, first in business worldwide. back to you. >> we're watching as it flirts with 12,000. th...
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