Detailed text transcripts for TV channel - MSNBC - 20100512:21:34:00
I'm hampton pearson with your cnbc "market wrap." a solid midweek rally on some encouraging report from the tech sector. the dow jones industrials jumping 148 points. the s&p 500 climbing nearly 16 points. and the nasdaq soaring almost 50 points. ibm, the biggest gainer on the dow, after telling shareholders it expects to earn at least $20 a share by 2015. and intel, leading the nasdaq, after saying it expects to double earnings growth in the next few years by expanding its chip sales into smartphones and tvs. networking giant, cisco reporting just after the closing bell, beating expecta...