Detailed text transcripts for TV channel - MSNBC - 20120118:10:16:00
Kraft is cutting 1600 jobs in north america this year as part of its restructuring plans. on the upside, shares of struggling retailer sears shot up on speculation that the now publicly traded company could soon go private. lions gate entertainment added 4% after agreeing to buy the owner of the popular twilight franchise. a late day warning from the world bank could impact markets today. the bank's biannual report cautioned that europe's recession and weaker growth in developing countries will slow global economic growth. after the bell, shares of yahoo! inched higher after the struggli...