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Detailed text transcripts for TV channel - MSNBC - 20100712:21:35:00

This is your cnbc market wrap. cautious trading ahead at the start of earning season today. the dow jones industrial adding 18 points for the fifth straight positive session. the s&p 500 up a little bit less than a point, and the nasdaq tacking on two points. alcoa kicking off earnings after the closing bell quarterly earnings in revenue coming in slightly better than expected. and railroader exceeding expectations with a 47% jump in quarterly earnings. microsoft shares jumping more than 2% on reports the software giant could team up with jujitsu to tackle cloud computing. both closed lower this afternoon. but shares in playboy enterprises surging 40% after hew heffner proposed taking the company private, touching off a potential bidding war with rival penthouse magazine. now back to hardball. ....

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