Transcript: Nightly Business Report – January 22, 2018

ANNOUNCER: This is NIGHTLY BUSINESS REPORT with Tyler Mathisen and Sue
Herera.

TYLER MATHISEN, NIGHTLY BUSINESS REPORT ANCHOR: New week, new highs. The
major indexes as the Senate passes a measure to reopen the government.

SUE HERERA, NIGHTLY BUSINESS REPORT ANCHOR: Streaming surge. Netflix
(NASDAQ:NFLX) keeps growing adding millions of more subscribers and the
stock is at an all-time high. Its market cap hits $100 billion for the
first time ever in late day trading.

MATHISEN: Magic number. Retirement account balances are at an all-time
high. But have you reached your goals? And what`s your next best step?

Those stories and more tonight on NIGHTLY BUSINESS REPORT for Monday,
January 22nd.

HERERA: Good evening, everyone.

Well, the rally keeps ongoing and going and going. Stocks sprinted into
the closing bell, rising to new highs after Senate leaders said they had
reached a deal to end the federal government shutdown. Late today, the
Senate passed the measure that funds the government through February 8th.
An upbeat report on global economic health growth also helped equities
power higher and as one strategist put it, there`s a lot to feel good
about, things like tax cuts and global growth and rising sentiment.

So, final numbers, the Dow Jones Industrial Average advanced 142 points to
26,214, the Nasdaq added 71 and S&P 500 was up 22.

MATHISEN: Well, as stocks climbed today, so did bond yields. And remember
that bond prices moved inversely with yields. In fact, the yield on the
ten-year treasury climbed to a three-year high today and that is garnering
a lot of attention from investors.

Mike Santoli explains.

(BEGIN VIDEOTAPE)

MIKE SANTOLI, NIGHTLY BUSINESS REPORT CORRESPONDENT: Could rising bond
yields be the thing that halts the seemingly unstoppable stock market
rally? This is now the big question on Wall Street after the ten-year
treasury yield rose above 2.6 percent this month and approaches a four-year
high.

Whether bond yields will spell trouble for stocks depends on several
variables. How far will yields rise if they keep rising at all? For
years, Wall Street has predicted the 10-year Treasury would hit 3 percent
and that level hasn`t been since early 2014.

How fast is any further climb in yields? Stocks tend to get spooked when
the bond market gets too jumpy, implying more uncertainty about the market
outlook. And why yields are rising is also a crucial factor on whether
stocks can handle such a move. Strategists are taking comfort from the
fact that bond yields are working higher from historically low levels on
signs of accelerating economic growth and with corporate earnings climbing
in support of stocks. It`s worth noting that the last time the 10-year
treasury surged to 3 percent in 2013, stocks had one of their best years of
this bull market.

It treasury yields were now to shoot well above 3 percent in a frenzy that
upset the corporate bond market or mostly on fears of accelerating
inflation, then perhaps it would finally touch off the kind of sharp
setback in the souring stock market that has been avoided since mid 2016.

There is no doubt some level of bond yields that would begin to pressure
stock values but it`s impossible to know in advance and at least for the
moment doesn`t seem all that close.

For NIGHTLY BUSINESS REPORT, I`m Mike Santoli.

(END VIDEOTAPE)

HERERA: A big winner late today was Netflix (NASDAQ:NFLX) as its big
investment in original content continues to pay off. The company saw a
surge in subscriber growth blowing past growth targets for the fourth
quarter. Earnings came in at 41 cents a share, that was in line with
estimates. Revenues soared 32 percent from a year earlier to more than $3
billion, and investors liked what they saw, sending the stock to all-time
highs and its market cap to the $100 billion mark for the first time ever.

Julia Boorstin has more on the Netflix (NASDAQ:NFLX) quarter.

(BEGIN VIDEOTAPE)

JULIA BOORSTIN, NIGHTLY BUSINESS REPORT CORRESPONDENT: Netflix`s
commitment to content is paying off, driving stronger than expected
subscriber edition, 8.3 million in the fourth quarter. That`s the most in
Netflix`s history, and about 2 million more than analysts expected.

The company saying the growth was fueled by its content slate, including
the return of “The Crown”, “Black Mirror” and “Stranger Things”.

Netflix (NASDAQ:NFLX) is also saying that its largest investment in
original film yet, “Bright”, starring Will Smith, was a major success and
drove a notable lift in acquisition. This is particularly striking
considering that this film was panned by critics.

And Netflix (NASDAQ:NFLX) is planning to keep ramping up its investment in
content to further grow its user base, saying it expects to add 6.35
million subscribers in the first quarter. That`s higher than expected, as
are the company`s guidance for growing in the quarter for first quarter
revenue and earnings.

The company saying it will spend between $7.5 billion and $8 billion on
content this year, to keep growing that the subscriber base and keep them
hooked.

For NIGHTLY BUSINESS REPORT, I`m Julia Boorstin in Los Angeles.

(END VIDEOTAPE)

MATHISEN: 2017 marked the biggest year ever for ETFs, which are low-cost
funds that trade minute by minute like stocks but are diversified like
mutual funds. They`re more popular than ever before, they`ve got a record
$3 trillion in assets under management now, and new industry trends were a
hot topic at one of the largest gatherings of investment advisers in the
world.

Bob Pisani is in Hollywood, Florida, tonight.

(BEGIN VIDEOTAPE)

BOB PISANI, NIGHTLY BUSINESS REPORT CORRESPONDENT: Twenty-five hundred
investment professionals descended on Hollywood, Florida, to hear the
latest investment advice. The keynote speaker, Vanguard`s brand-new CEO,
Tim Buckley, emphasized that the revolution around low-cost ETF index to
products like the S&P 500, was going to continue and that these would keep
coming down.

TIM BUCKLEY, VANGUARD PRESIDENT AND CEO: The reason it`s underperforming,
your fees are too high. It`s a very competitive business. It`s tough to
find excess return in a zero sum game. You have to lower fees so more
people have a chance of outperforming.

PISANI: That`s good news for investors but there are worries on the
horizon. The head of the New York Stock Exchange warned that one of the
threats to the stock market rally was a trade war.

THOMAS FARLEY, NYSE GROUP PRESIDENT: It will be mostly about trade. What
could go wrong with trade, not just Brexit but what could go wrong between
the U.S. and China or the U.S. and other countries in North America and
what`s to come in the year or two ahead.

PISANI: Finally, bitcoin was a constant topic. The NYSE has essentially
said they will not be approving a bitcoin ETF anytime soon but Jan Van Eck
who runs one of the firms applying for a future-based ETF said he still
thought the SEC`s concerns could be addressed.

JAN VAN ECK, VAN ECK ASSOCIATION CORPORATION CEO: Well, I think that SEC
is taking a very thoughtful approach in trying to think about this, which
is an entirely new asset, right? It`s software. So people are trading so
access to software and software-developed rights and they are identifying
all the key issues in the marketplace that we as an issuer have to engage
with them to try to address these issues.

PISANI: But neither bitcoin nor fee wars nor trade wars dampened the
enthusiasm of this crowd. Investors have been pouring money into low cost
ETFs of all stripes, and the investment professionals here expect that
trend to continue.

For NIGHTLY BUSINESS REPORT, I`m Bob Pisani, in Hollywood, Florida.

(END VIDEOTAPE)

HERERA: The retail broker TD Ameritrade (NASDAQ:AMTD) is rolling out round
the clock trading hours for ETFs. The company says investors can now buy
and sell shares 24 hours a day, five days a week on its platform.

Here to discuss why TD is making this move and what it means for you is JJ
Kinahan, chief market strategist at TD Ameritrade (NASDAQ:AMTD).

Hi, JJ. Good to see you.

JJ KINAHAN, TD AMERITRADE CHIEF MARKET STRATEGIST: Hey, Sue. Always a
pleasure to be here.

HERERA: Let`s start with why you decided to do this. Is there — are
there fundamental events that when they occur in the overnight trading
hours perhaps put some investors at a disadvantage?

KINAHAN: Yes. You know, you look at what happened last year, Sue, where
we had Brexit, we had the presidential election. These were opportunities
for people which, if you`re a futures trader, you can take advantage of,
but you`re not — if you`re not a futures trader, you really couldn`t.

So, we looked at it and said, you know, why wouldn`t we give this
opportunity to people who are qualified to do so, so that they could trade
these events overnight? Or one of the big things we found, Sue, is on our
metrics measuring how our clients do the research and in conversations with
our client, 70 percent of our client research is done while the market is
closed.

Why wouldn`t we give people an opportunity to act on what they`re
researching?

MATHISEN: So ETFs feel to me, JJ, like step one. Is step two the ability
eventually to trade individual stocks?

KINAHAN: Well, you know, a lot will — the nice things about the ETFs
we`ve rolled out right now, Tyler, is that the market makers — and you
always need market makers in the market, they can hedge these pretty easily
because they are very much related to futures products that are currently
trading or, you know, markets that are open at that time in the emerging
markets, et cetera.

So that makes a big difference. Now, who knows? At some point, to your
point, that may make sense that we do individual equities and we`ve
certainly taken a look at it. But, again, you want to roll it out and be
successful, the most important thing is that there`s liquidity. We feel
there will be great liquidity in these markets. We rolled that out last
night, and we saw really nice liquidity in every product that we have.

HERERA: How much of the trading action do you think is also going to stem
from the Asian markets? Because with the time change there, and the
reversal there, they`re at a disadvantage. They have to trade during our
market hours, not their market hours.

KINAHAN: I think you hit on something incredibly important, Sue. And one
of the reasons we did it, you know, we have a Singapore offering now.
We`re rolling out our Hong Kong offering, so clients there trading the U.S.
markets exactly that, they are sleeping when our markets are open.

And the other thing I think that all of us have learned from bitcoin is the
great influence of Asian investors in that product. Well, why wouldn`t we
want to put them in products that are theoretically not as speculative as
bitcoin — and allow people to actually do some investing rather than
speculating a price movement?

HERERA: All right. Best of luck with the new program. We appreciate you
coming on, JJ.

KINAHAN: Thanks for having me, guys.

HERERA: JJ Kinahan with TD Ameritrade (NASDAQ:AMTD).

Now, separately, TD Ameritrade (NASDAQ:AMTD) did report its quarterly
results late today, the company beat both earnings and revenue estimates
and raised its profit guidance to reflect the benefits from the recent tax
law.

MATHISEN: In Washington, as we reported, senators reached a deal to end
the government shutdown. Both parties agreed to a short-term funding bill
to keep the government open through February 8th. As of this evening, the
House has enough votes to pass the measure. But there`s still a lot of
hard work left to do.

Kayla Tausche is on Capitol Hill.

(BEGIN VIDEOTAPE)

KAYLA TAUSCHE, NIGHTLY BUSINESS REPORT CORRESPONDENT: Lawmakers have
bought themselves less than three weeks to reach broad agreement on a host
of issues that have alluded Congress before. First on the list,
immigration. A promise on a path forward to protect so-called DREAMers is
what sold Republicans today.

SEN. CHARLES SCHUMER (D-NY), MINORITY LEADER: The Republican leader and I
have come to an arrangement, we will vote today to reopen the government to
continue negotiating a global agreement, with the commitment that that if
an agreement isn`t reached by February 8th, the Senate will immediately
proceed to consideration of legislation dealing with DACA. The process
will be neutral and fair to all sides.

TAUSCHE: The White House consulted a half dozen GOP senators for what they
thought could pass on a bipartisan basis. Even as House Republicans are
baulking at the new February 8th timeline.

Congress will also have to reach an agreement on a budget so they can stop
doing these short-term spending bills. They will also be looking at a
health care replacement with tax reform having repealed a core tenet of
Obamacare.

But one thing will be different on February 8th, this bill included two
sweeteners. For Democrats, the extension of Children`s Health Insurance
for six years. For Republicans, it`s the delay of certain Obamacare taxes.
Those won`t be around next time and leadership will be scrambling to find
new ones.

For NIGHTLY BUSINESS REPORT, I`m Kayla Tausche in Washington.

(END VIDEOTAPE)

HERERA: Changes to the U.S. tax code are expected to benefit the global
economy. According to the latest forecast of the International Monetary
Fund, world output will grow nearly 4 percent this year and next. That is
the strongest rate since 2011. The organization says the tax cuts will
likely increase investment in the world`s largest economy and help its
biggest trading partners.

Still ahead, how much do you need to retire is a question everybody is
asking.

(MUSIC)

MATHISEN: If you were thinking of retiring, you might want to delay it by
a few months. A new study shows that working an additional three to six
months could raise your standard of living after retirement. Working
longer increases two sources of income, Social Security and those 401(k)
balances. The longer a person works, the longer Social Security is
deferred, which means a higher benefit. And 401(k) withdrawals will be
higher for more money in that account.

HERERA: Convincing yourself to work a few more months may be especially
hard to do right now, and that`s because the market rally has propelled
your retirement savings account to record highs. So, how do you know if
it`s finally time?

Joining us now is Sharon Epperson.

It`s always great to see you, Sharon.

SHARON EPPERSON, NIGHTLY BUSINESS REPORT CORRESPONDENT: It`s good to be
here.

HERERA: So, what`s behind people and their thinking when they`re about to
reach their retirement goals?

EPPERSON: Well, they are looking at the numbers and the average IRA
balance, for instance, according to Fidelity is over $100,000. It hit that
section-figure mark for the first time ever last year and they are
continuing to grow. So many people are very comfortable with what they are
making there in their IRA and their 401(k) balances close to $100,000 on
average as well. So, we`ve seen the market gains. We`ve also seen a
contribution rate increase, particularly for people putting their money and
their 401(k) that is also helping their balances rise.

MATHISEN: What should people do if they think they have hit their
retirement number, that magic mythical number where you think, I`ve got it
made?

EPPERSON: Yes, for a lot of people, $100,000 is probably not going to be
enough but some of the things that they need to think about is what they
want to do in retirement and plan out that retirement budget and make sure
you include the fun stuff you want to do, like traveling, the activities
that you may not be able to do while you`re working. Also, think about
your life expectancy and how do you plan for that, how do you know how long
that`s going to be.

Well, there`s calculators out there that can help you. Know that health
care costs are rising and that`s going to be a significant part of what
your costs are in retirement and then you can decide what you want to do
with your money in retirement. Do you want to still save some of it or do
you want to spend it all or you want to give some of it away?

So, you need to have a plan. This is a time to review where you are.

HERERA: Do you make changes to how your money is invested if you decided,
OK, I`ve got x number of dollars, I can retire.

EPPERSON: Yes.

HERERA: But do you change your balance or asset allocation?

EPPERSON: So, as you`re reviewing what your goals are, you also probably
may need to rebalance and reallocate where your investments are held. And
so, if you`re thinking that 65 percent in equities was great, now you`re at
70 percent because of the market, you may want to take some of that off the
table.

And if you`re selling stock or stock funds, the best place to do it is in
your IRA or your 401(k), those tax advantage account, because you want to
consider the tax impact. And what people don`t understand or forget to
keep in mind is the importance of having cash on hand for those short-term
expenses. Maybe 20 percent of your portfolio, some financial advisers, you
may want to have that in cash, so you`re ready for that, and others have
talked about considering annuity. That, of course, can be a complicated
investment. So, you may want to talk to a professional about that.

HERERA: Oh, absolutely, yes.

MATHISEN: All right. Sharon, thanks, as always.

EPPERSON: Sure.

MATHISEN: Great to see you. Sharon Epperson.

Well, Abercrombie & Fitch (NYSE:ANF) raises its outlook and that is where
we begin tonight`s “Market Focus”.

The clothing retailer said strong performance across all its brands during
the holiday period prompted the company to hike its fourth quarter sales
outlook. Abercrombie now expects same-store sales to grow in the high
single digits. Initial guidance was that revenue growth would be in the
low single digits. Shares popped 12 percent, $22.43. Who said retail is
dead?

All right. Higher commodity prices helped oil giant Halliburton (NYSE:HAL)
report better than expected profits and revenue. The oil services company
said the results were helped by improved revenue in the U.S. and overseas.
Halliburton (NYSE:HAL) also said it is optimistic about the health of the
U.S. oil business. Halliburton (NYSE:HAL) shares up 6 percent to $56.40.

And Wynn Resorts (NASDAQ:WYNN) said strong performance at its two Macau
casinos helped overall earnings and revenues grow, both numbers topped
expectations. Shares of Wynn Resorts (NASDAQ:WYNN) jumped more than 8
percent, finishing the day at $195.23.

HERERA: The insurance giant AIG is buying property and casualty reinsurer
Validus for just under $6 billion. AIG said the deal would expand its
reach in the reinsurance market and add to earnings. AIG shares fell
fractionally to $61 even.

The health care company Array Biopharma said it`s promising results from
its study that tested the effectiveness of three medications in treating
colorectal cancer. Array said the triple combination treatment resulted in
an unprecedented progression-free survival and response rate. Shares of
Array took off, rising 18 percent to $15.56.

French drugmaker Sanofi is buying hemophilia specialist Bioverativ company
for more than $11 billion as it looks to expand its drug portfolio for rare
diseases. Some analysts expressed valuations concerns about Sanofi`s
largest deal in seven years. And that pressured Sanofi shares. They fell
3 percent to $43.20.

Meanwhile, Bioverativ shares soared. They were up nearly 62 percent to
$103.79.

And Celgene (NASDAQ:CELG) has also making move to grow its portfolio. The
drugmaker said it has agreed to buy Juno Therapeutics for about $9 billion,
a deal that gives Celgene (NASDAQ:CELG) access to gene therapy cancer
treatments. Shares of Celgene (NASDAQ:CELG) were up a fraction to $102.91.
Juno shares climbed more than 26 percent to $86 even.

MATHISEN: Well, towns and cities across the country are getting hit and
hard by the flu. But some big companies are doing what they can to fight
back.

Meg Tirrell looks at the big business behind the big illness.

(BEGIN VIDEOTAPE)

MEG TIRRELL, NIGHTLY BUSINESS REPORT CORRESPONDENT: Flu is widespread in
49 states in Puerto Rico, in a season that`s shaping up to be more severe
than usual. But while flu brings misery to those suffering from it, for
some segments of the health care industry, flu season brings healthy
returns. Hospitals and urgent care clinics see an uptick during severe flu
seasons, while lab testing firms and makers of diagnostic tests get also a
boost.

The same goes for pharmacies and customers visit for medications, flu shots
and supplies. And finally, makers of flu vaccines are expected to see a
boost as public health officials encourage everyone to get their flu shot.

DR. WILLIAM SCHAFFNER, VANDERBILIT UNIVERSITY MEDICAL CENTER: Get
vaccinated. If you haven`t been vaccinated yet, run and do it and make a
new year`s resolution to get vaccinated again this fall, and bring the
whole family with you.

TIRRELL: The market for flu vaccines is dominated by three major players,
Sanofi Pasteur, Australian biotech company CSL, and GlaxoSmithKline. And
the recommendation to get a shot stands even as the vaccine is thought to
be less effective this year protecting against the flu primarily because of
the more difficult strain and circulation.

But it`s not all a boon to the health care industry. Health insurers often
take a hit in more severe seasons, as they pay for more care and employers
could see a loss in productivity from sick days.

ANDREW CHALLENGER, CHALLENGER, GRAY & CHRISTMAS: We`re predicting about 11
million Americans that will fall ill over the flu season, and that`s going
to cost employers over $9 billion in wages being paid to employees that are
staying home sick.

TIRRELL: Despite that cost, HR experts and public health officials say
encouraging employees to stay home when sick is beneficial for both
stopping the spread of flu and avoiding even more lost productivity,
showing up for work when sick even has a name, presentism. Many of us do
it even though we shouldn`t.

In a survey last year by urgent care provider CityMD, almost 70 percent of
responders have gone to the drugstore or pharmacy when they have flu-like
symptoms. Forty-three percent went to the grocery store. And almost 40
percent had gone to work sick.

Experts recommend employers take a few steps to help reduce the spread and
potential costs of flu, discouraging presentism through enabling
telecommuting and through flexible sick leave policies. This can be a
particular challenge for hourly workers. And for those in office settings,
holder fewer in-person meetings and, of course, encouraging lots of hand
washing and covering coughs and sneezes.

For NIGHTLY BUSINESS REPORT, I`m Meg Tirrell.

(END VIDEOTAPE)

MATHISEN: Coming up, no cashiers, no lines, no registers, welcome to
Amazon`s store of the future.

(MUSIC)

MATHISEN: The U.S. regulator that oversees auditors is at the center of a
scandal tonight. Three former employees are accused of leaking inside
information to KPMG so it could improve its results. The public company
Accounting Oversight Board was meant to restore public confidence in the
audit profession after Enron and the WorldCom scandal, also charged with
three KPMG employees with conspiring to defraud government regulators.
They face criminal and civil charges.

HERERA: The largest oil refinery on the East Coast has filed for
bankruptcy. Philadelphia Energy Solutions is blaming the skyrocketing
costs of complying with environmental rules. New regulations are aimed at
lowering pollution. The company has also been hurt by shrinking margins
and regulations.

MATHISEN: The global inequality gap is widening. Most of the wealth
generated last year went to the world`s richest 1 percent, according to a
new report from Oxfam, the poorest half of all people in the world saw no
increase in wealth at all. Oxfam cites a number of reasons for the
disparity, including tax evasion, the erosion of workers rights and
businesses influence on policy decisions. The report comes as business
leaders and heads of state gather in Davos at the World Economic Forum.

HERERA: The company that helped move shopping online is now trying to get
people back in to physical stores. Today, Amazon (NASDAQ:AMZN) opened a
convenience store to the public but this one is different.

As Deirdre Bosa reports from Seattle, it`s high tech requiring an app and
scan just to get in.

(BEGIN VIDEOTAPE)

DEIRDRE BOSA, NIGHTLY BUSINESS REPORT CORRESPONDENT: Paul Fan heard about
Amazon (NASDAQ:AMZN) Go, the first automated grocery store that promises no
lines, no checkouts and no cashiers in late 2016. So, when it finally
opened today after nearly a year`s delay, he was one of the first
customers.

PAUL FAN, AMAZON GO CUSTOMER: There`s no checkout line. You just — but
you feel weird, you know, because you stuff into my own bag or into my
pocket. It`s just a different habit. You know, traditional way, you shop
and people will see it.

BOSA: As an industrial analyst, he was less interested in the milk, eggs
and milk on offer, and more in the technology. Technology that let
customers walk in, pick up whatever they want from the shelves and simply
walk out.

FAN: It`s really smart because (INAUDIBLE) different places, and I feel
maybe the system will go wrong, but eventually it won`t.

BOSA: Amazon (NASDAQ:AMZN) is using computer sensors and machine learning
to track everything you pick up or put back in a virtual shopping cart and
charges you when you walk out. Your receipt is sent in an e-mail a few
minutes later.

Now, we were trying to cheat the system but when I went shopping this
morning, I picked up six items but I was only charged for five. This
yogurt wasn`t tracked and I didn`t end up paying for it even though the
system is supposed to record everything I picked up in a virtual basket.

It may raise questions about the technology, the very thing that makes the
store so groundbreaking. The opening was delayed by nearly a year,
reportedly due to glitches. The Amazon (NASDAQ:AMZN) executive behind the
project says there hasn`t been any technological issues and that my
experience was a rare occurrence.

GIANNA PUERINI, AMAZON GO VICE PRESIDENT: First and foremost, enjoy the
yogurt. You know, interestingly enough, that happens so rarely, we didn`t
build in a future for customers to tell us that it happened, so thanks for
being honest and telling us.

I`ve been doing this for a year and I have yet to get an error.

BOSA: She also says there are no immediate plans to roll out more Amazon
(NASDAQ:AMZN) Go stores or implement the technology in its nearly 500 Whole
Foods stores, the grocery chain that Amazon (NASDAQ:AMZN) acquired last
year. But an eventual expansion could be a game changer for the grocery
and retail industry. It eliminates one of the most painful parts of the
shopping experience, the line and checkout. And today`s first customers
were intrigued and pleasantly surprised.

UNIDENTIFIED FEMALE: Popped in, popped out. Maybe the whole process took
maybe 3-1/2 minutes.

UNIDENTIFIED MALE: It`s the first day to open. So, we`re excited that we
can just come in to (INAUDIBLE)

UNIDENTIFEID FEMALE: I`m just mad that I see them making outside. It`s
really cool because they have a really open kitchen concept.

BOSA: The store could have big implications for millions of cashier jobs
in America. Though Amazon (NASDAQ:AMZN) still has a team of what it calls
associates who greet, stock shelves and prepare meals.

But for Amazon (NASDAQ:AMZN) to further disrupt the retail industry, the
technology has to prove that it works, and customers will have to take a
technologically advanced retail experience.

For NIGHTLY BUSINESS REPORT, I`m Deirdre Bosa, Seattle.

(END VIDEOTAPE)

MATHISEN: And before we go, here`s another look at the record set on Wall
Street. The Dow advanced 142, Nasdaq added 71, the S&P 500 was up 22.

HERERA: And that`s it for us tonight. I`m Sue Herera. Thanks for joining
us.

MATHISEN: And thanks from me as well. I`m Tyler Mathisen. Have a
great evening, everybody. We`ll see you here tomorrow.

END

END

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