Transcript: Nightly Business Report – April 1, 2016

NBR-ThumANNOUNCER:  This is NIGHTLY BUSINESS REPORT with Tyler Mathisen and Sue
Herera.

TYLER MATHISEN, NIGHTLY BUSINESS REPORT ANCHOR:  Off the bench.  American
workers are getting back in the game, looking for jobs in an economy that is creating employment at a                                                                       steady clip.

SHARON EPPERSON, NIGHTLY BUSINESS REPORT ANCHOR:  Signs of cooling.  Auto
sales were up but there are a number of reasons why demand may not be as
strong this year.

MATHISEN:  Bright idea.  A teen, his invention, and his drive to help the
growing number of Americans suffering from Alzheimer`s.

All that and more tonight on NIGHTLY BUSINESS REPORT for Friday, April 1st.

EPPERSON:  Good evening, everyone.  I`m Sharon Epperson, in tonight for Sue
Herera.

MATHISEN:  And I`m Tyler Mathisen.  Welcome, everybody.

But what`s not to like about the March employment report?  More than
200,000 jobs were created, wages are rising, and more people are looking
for work.  Confident they`ll find a job.

The numbers speak for themselves.  The economy added 215,000 payroll
positions last month.  The unemployment rate edged up to 5 percent.  But
that`s due to more people entering the labor market looking for work.  And
average hourly earnings rose.

Hampton Pearson has more on the jobs jolt and what it may mean for interest
rates.

(BEGIN VIDEOTAPE)

HAMPTON PEARSON, NIGHTLY BUSINESS REPORT CORRESPONDENT:  In March, big
gains and retail trade, construction, and health care were the engines of
job growth.  The unemployment rate went up, but there was good news —
because more Americans came off the sidelines to look for work.  But not
all of them found jobs.

Those returning job-seekers also helped boost the labor force participation
rate to 63 percent, the highest in two years, something leading economists
say should please Fed Chair Janet Yellen.

DAVID KELLY, JPMORGAN FUNDS CHIEF GLOBAL STRATEGIST:  We`ve got more labor
force participation so we can actually grow at a steady pace for longer
without igniting inflation.  So, overall, really it`s a very good set of
reports for equity markets.

PEARSON:  The manufacturing sector, however, lost 29,000 jobs in March, the
biggest monthly decline in more than six years.  But after the jobs report
came out, a closely watched industry survey showed a rebound in
manufacturing may already be under way.

MARIO LONGHI, U.S. STEEL PRESIDENT & CEO:  We really need to focus on what
can create growth.  I think the particular focus on growth has been very
feeble up until this moment.

PEARSON:  Wage growth rebounded last month after a decline in February.
Average hourly earnings now just over $25 an hour are up 2.3 percent in the
last 12 months.

Sluggish wage growth has fueled demands nationwide for a higher minimum
wage.  California and New York are on the verge of becoming the highest-
paying minimum wage state.

GOV. JERRY BROWN (D), CALIFORNIA:  It`s a matter of economic justice.  It
makes sense.

PEARSON:  This week, California Governor Jerry Brown and New York`s Andrew
Cuomo reached deals with lawmakers to raise the minimum wage to $15 an
hour.

Leading economists are not only predicting job losses from a higher minimum
wage, but point out this is not the kind of wage growth monetary
policymakers are looking for.

DOUGLAS HOLTZ-EAKIN, AMERICAN ACTION FORUM PRESIDENT:  What you want to see
is rages rising as a part of two natural mechanisms in the economy.  Number
one, a tighter labor market because you`re recovering from the great
recession.  Employers have to compete for workers and they must pay higher
wages.  And then over the longer term, good, solid productivity growth.

PEARSON:  This week, Fed Chair Janet Yellen made it clear jobs, wages and
inflation will be the touchstones for monetary policymakers in charting the
future course of interest rates in the coming months.

For NIGHTLY BUSINESS REPORT, I`m Hampton Pearson in Washington.

(END VIDEOTAPE)

EPPERSON:  While the Fed watches the job market, one Central Bank official
cautioned against delaying rate hikes for too long.  At a speech in New
York, the president of the Cleveland Fed, Loretta Mester, said a
strengthening economy will allow for more rate hikes as the year goes on.
She also anticipates that overall economic growth will pick up this year.

MATHISEN:  More positive economic news, factory activity expanded for the
first time since last summer.  The Institute for Supply Management said
that its gauge of manufacturing rose in March.  The report cited an
improvement in new orders and production despite a contraction in
manufacturing employment.

EPPERSON:  The major automakers all reported a rise in sales for March.
Ford and Chrysler saw an 8 percent increase.  General Motors (NYSE:GM) a
nearly 1 percent gain.  But while sales were up, they were below
expectations, as was the annual sales rate of $16.5 million.  And there are
other signs the hot auto sector may be cooling.  Dealers are offering
steeper discounts and longer lease terms in order to drum up demand.  Sales
to rental car companies, which also come at a lower profit, rose too.
Shares of Ford, Chrysler, and GM fell in trading today.

MATHISEN:  Ethan Harris (NYSE:HRS) joins us to discuss jobs, cars, incomes,
interest rates, and doggone anything he wants to talk about.  He`s co-head
of global economics research at Bank of America (NYSE:BAC), Merrill Lynch.

Ethan, was there anything really in that jobs report to nitpick?

ETHAN HARRIS, BANK OF AMERICA MERRILL LYNCH:  Not really.  I mean, I think
the report was accurate in stressing that rise in the participation rate.
This has been going on for six months now.  A lot of people coming back
into the job market.  Great news in terms of creating capacity to grow
without creating serious inflation problems, and I do think that Janet
Yellen probably watched this pretty closely and was pretty happy with what
she saw.

EPPERSON:  Now, you`ve said that you think maybe the Fed has some breathing
room now because of the labor participation rate and what we saw there.
Why do you say that and what do you think the Fed`s next move will be and
when?

HARRIS:  Well, let`s put it this way, the last six months the participation
rate has risen steadily, bringing in all these new people looking for jobs.
If the participation rate had not risen, the unemployment rate would have
dropped to 4.2 percent from 5 percent as we see today.  That would have
made the Fed feel like this is the danger of a real overheating labor
market.

And so, the increase in participation rate gives more room to run.  You can
have very strong job growth.  Not get that super-tight labor market.  They
don`t have to be in any rush to hike interest rates.

MATHISEN:  Let`s talk a little about incomes which are starting to show
some growth there.  Doug Holtz-Eakin, a GOP economist, most people some
would say, seemed to be sort of unimpressed by the root causes of that
income growth.  Are you?

HARRIS:  No, I think — we`re in the later stages of recovery.  When you
hope to finally see some wage growth.  You want to see a broadening out of
job gains into better jobs, less part-time, so on.  At this stage it`s not
conclusive, but it does look like, you know, wage gains are picking up.  It
looks like the labor market is steadily becoming more healthy.  It looks
like we`re in a new kind of phase of the cycle where the work is really
benefiting from the economic recovery.

MATHISEN:  Quick answer, are we at full employment?

HARRIS:  Pretty close.  I think there`s still a little bit of slack out
there.  And there`s a tight enough market that you`re starting to see some
wage pressures in parts of the economy.

MATHISEN:  Right.

HARRIS:  But, you know, it`s not — we`re not like, you know, super-tight
labor market.  We still have room to grow.

MATHISEN:  All right.  Ethan, thanks very much.  Have a great weekend.
Ethan Harris (NYSE:HRS) with Bank of America (NYSE:BAC), Merrill Lynch.

EPPERSON:  Well, how the stock market reacts?  Stocks actually rose on this
first rating day of the quarter on those encouraging jobs and manufacturing
reports.  Despite opening sharply lower on the day.

The markets also shook off a decline in oil prices.  By the close, the Dow
Jones Industrial Average added 107 points to 17,792.  Now that`s near a
four-month high.  The NASDAQ rose 44, and the S&P 500 was up 13.  Oil
prices fell 4 percent pressured by growing doubts that the major producers
will agree on a plan to freeze output at a meeting later this month.

MATHISEN:  Well, as the economy evolves so do the types of jobs that need
to be filled.  Think social media.  It`s a relatively new industry and
these platforms that your kids are hooked are creating a wide range of job
opportunities.

Mary Thompson at Tumblr`s headquarters in New York City tells us why it
pays to be social.  It`s the latest installment of “Where The Jobs Are.”

(BEGIN VIDEOTAPE)

MARY THOMPSON, NIGHTLY BUSINESS REPORT CORRESPONDENT:  Twenty-four-year-old
Sam Cannon has been posting her photography on the blogging site Tumblr
since high school.

SAM CANNON, PHOTOGRAPHER:  It`s easier to share your work with the world.

THOMPSON:  It`s also made it easier for Cannon to build a client list that
now includes the Gap (NYSE:GPS) and Universal (NYSE:UVV) Studios.

CANNON:  I don`t think there`s any way that I would be able to work for the
brands that I`m working for today if I had started 10 years ago.

THOMPSON:  Ten years ago, Facebook (NASDAQ:FB) was in its infancy.  Tumblr
didn`t exist.  Today, these and other social media platforms reach
billions, in turn creating thousands of jobs, at the sites and at companies
building social media teams to connect with clients and get their message
out.

PROFESSOR ANINDYA GHOSE, NYU STERN SCHOOL OF BUSINESS:  This is not a
fleeting phenomenon.  This is not a fad.  It`s not a trend.  It`s a
fundamental permanent shift in how organizations and consumers depend on
each other and how they talk to each other.

THOMPSON:  By 2020, Forester Research estimates U.S. social media spending
will double from 2015 levels to $27 billion.  Professor Anindya Goshe sees
the spending leading to a host of new jobs in social media, from graphic
designers to security specialists to data scientists.

GHOSE:  It`s really a fairly wide combination of different skill sets.

THOMPSON:  Those different skill sets fetching different salaries.
Creative group says pay may range from about $40,000 for a content writer
to up to six figures for an app developer or an engineer.

Tumblr`s in the market for more engineers, along with product managers, and
marketers.  President Jeff D`Onofrio looking for workers who are creative,
collaborative, and flexible — traits needed on Tumblr`s diverse and global
platform.

JEFF D`ONOFRIO, TUMBLR PRESIDENT AND COO:  It`s a pretty open space for
self-expression and that presents unique engineering challenges.

THOMPSON:  This year, the unit of the search engine Yahoo (NASDAQ:YHOO) is
looking to add 80 hires to its staff of 235, including workers for its
creators network.  Launched last year, the network connects the site`s
popular bloggers and artists like Cannon with advertisers who want to use
the artist`s work to reach Tumblr`s millions of users.

CANNON:  They have a good sense of my style and what I like to work on.

THOMPSON:  While Cannon sets a rate, the creators network makes sure she
gets paid and helps maintain her blog.  Generating new business and new
jobs at Tumblr by helping a small business expand.

For NIGHTLY BUSINESS REPORT, I`m Mary Thompson in New York.

(END VIDEOTAPE)

EPPERSON:  Still ahead, the weather getting warmer.  Mosquito season is
just ahead.  But is the U.S. ready to combat Zika?

(MUSIC)

MATHISEN:  With the Zika virus spreading locally in 33 countries and
territories across the Americas, health officials called a summit at the
National Centers for Disease Control today to make sure the U.S. is
prepared as the summer approaches.  The threat of locally acquired cases in
the U.S. is rising, along with the temperatures.

Meg Tirrell reports from Atlanta.

(BEGIN VIDEOTAPE)

MEG TIRRELL, NIGHTLY BUSINESS REPORT CORRESPONDENT:  When you think of Key
West, Florida, you probably picture a scenic vacation spot.  But for Billy
Ryan, who`s on the front lines of the country`s battle with the Zika virus,
it`s anything but glamorous work.

UNIDENTIFIED MALE:  Unbelievably, I don`t think it`s breeding.

TIRRELL:  Zika`s primarily carried by mosquitoes, the Aedes Aegypti in
particular.  In Key West, the U.S.`s southernmost point, has been battling
this bug for years.  In addition to the Zika virus, the Aegypti can carry
dengue and chikungunya, both of which had popped up in Florida.

MICHAEL DOYLE, FLORIDA KEY`S MOSQUITO CONTROL DISTRICT DIRECTOR:  Most
places haven`t had to work with disease issues.  So, we`ve entirely shifted
our paradigm six or seven years ago, and Zika is yet another disease that
we`re trying to keep these mosquitoes away from.

TIRRELL:  At the CDC Summit in Atlanta, Director Dr. Tom Friedman said the
risk of Zika is greatest for pregnant women.  The virus is linked to a
birth defect called microcephaly that`s affected hundreds of babies in
Brazil.  The CDC advises pregnant women not to travel to countries where
Zika is spreading and advises men who have traveled to those areas to be
vigilant about sexual transmission of Zika to their partners.

Work is also under way to develop better diagnostic tests for Zika, in
addition to therapeutics and vaccines.  Though Frieden warns it will take
time.

DR. THOMAS FRIEDEN, CDC COMMISSIONER:  The vaccine is going to take in the
best case a couple of years if it works out.  We need to move fast, because
the mosquitoes multiply rapidly and the risk is significant and not far
from now, in terms of the summer months coming.  That`s why it is a race
against time.

TIRRELL:  Officials here emphasize the need for funding that Congress
hasn`t yet allocated.  The White House has asked for $1.9 billion in
emergency Zika funds.  But some in Congress say that unused emergency funds
for Ebola should be shifted to Zika instead.

And that debate brews and local health departments head home from Atlanta
with new plans for Zika preparedness.  They may look something like the
work Billy Ryan does every day.  The Aedes Aegypti mosquito lives close to
people and can breed almost anywhere you might find water.

BILLY RYAN, FLORIDA KEYS MOSQUITO CONTROL DISTRICT INSPECTOR:  OK, this is
breeding mosquitoes.  I can see the larvae without my glasses.

TIRRELL:  A life long native of Key West, for Ryan, being a mosquito
district control inspector, is about protecting his neighbor.

RYAN:  I`ve been doing this 11 1/2 years in this area.  I know everybody
out here.

TIRRELL:  It`s work that never end.

For NIGHTLY BUSINESS REPORT, I`m Meg Tirrell in Atlanta.

(END VIDEOTAPE)

EPPERSON:  Tesla`s latest car model is a big hit even before it hit
showrooms.  That`s where we begin tonight`s “Market Focus.”

The electric carmaker revealed its highly anticipated Model 3 at an event
last night.  The car won`t be for sale until the end of 2017, but it has
already garnered 180,000 preorders.  The sticker price of the Model 3 is
expected to start at $35,000.  Shares of Tesla popped about 3.5 percent to
$237.59.

BlackBerry topped its own sales expectations in its software and services
units, but saw overall revenue fall 30 percent, which missed analyst
estimates.  The phone maker did however report a narrower than expected
quarterly loss.  With its phone sales down, CEO John Chen said the company
may solely focus on software if profitability does not pick up.  Shares
fell more than 7.5 percent to $7.48.

MATHISEN:  Drug makers Regeneron and Sanofi said their new drug intended to
treat a specific type of eczema has met its targets in two late stage
trials.  The companies plan on applying for U.S. approval by the end of his
year.  Shares of Regeneron spiked 12 percent to $405.25.  While shares of
Sanofi rose a fraction to $40.33.

Four airlines saw shares take a hit today after one analyst downgraded the
companies.  Deutsche Bank lowered its ratings of American, Delta, United,
Continental, and Hawaii, saying the slow-down in corporate profits could
result in less demand for business travel.  Shares of American dropped more
than 3.5 percent to $39.52.  Delta down about the same, $47.01.  United off
5 percent at $56.72.  And Hawaiian (NASDAQ:HA) fell more than 2 percent to
$46 even.

Federal Communications Commission said it will not investigate Netflix
(NASDAQ:NFLX) after the streaming video company admitted last week to
deteriorating picture quality for AT&T (NYSE:T) and Verizon (NYSE:VZ)
customers.  The FCC said the matter was outside the agency`s jurisdiction.
Today, Netflix (NASDAQ:NFLX) shares up more than 3 percent at $105.70.

EPPERSON:  Our market monitor guest is finding opportunity in small cap
stocks.  He says they`re going to rise more than 25 percent this year.
This is his first time joining us on the program.  He`s Steven Denichilo,
portfolio manager with Federated Investors (NYSE:FII).

Thanks for joining us, Steven.

STEVEN DENICHILO, FEDERATED INVESTORS PORTFOLIO MANAGER:  Sure.
Absolutely.  Glad to be here.

EPPERSON:  Let me ask you would you like ones that have been beaten down a
bit but look like the fundamentals are still going to stay with us or even
improve?  One of them is Dycom, cable installation, that`s the business.
Why do you like that stock?

DENICHILO:  Sure.  Has anybody here ever sat at home, looking at their Wi-
Fi, their internet connection, and it`s been slow?  Or it`s not as fast as
advertised?

EPPERSON:  Yes, that happens a lot.

DENICHILO:  Yes, well, Dycom is a great way to fix that problem.  They`re
the largest national contractor of fiber optic installations.  Right now,
there`s an arms race going on.  AT&T (NYSE:T), Comcast (NASDAQ:CMCSA)
(NYSE:CCS), Google (NASDAQ:GOOG).  They`re trying to bring fiber to the
home at speeds up to 1 gig to make your internet faster so they can get
your business.  Dycom is one of the best ways to play this.

If you look at the stock, 2016, the first quarter has been a wild first
quarter that we`ve seen right now.  If you look at the stock, it has gone
from $90 to $50.  It`s rebounded to $60, on no fundamental news.  They
recently reported earnings, their profit up substantially year over year.
Their backlog which is essentially the business that they`re going to earn
over the next year was up 60 percent.

So, this is a great example of a stock that`s been put in the penalty box
for no fundamental reason.  It`s a great opportunity for your investors.

MATHISEN:  Let`s move on to your second choice.  I love the name.  Tyler
Technology.  Tell us why in 30 seconds or so, why you like the company.

DENICHILO:  I like the name too.  It`s my son`s name.

MATHISEN:  Ha!

DENICHILO:  Tyler Technologies (NYSE:TYL) is the largest software company
in the nation focusing on the public sector.  So think municipalities
balancing budgets, payroll, parking tickets, fire and police.  Their
business is sticky.  Once Tyler gets ahold of these municipalities, their
retention rate is very high, very high free cash flow, very high profit
growth this year.

The stock has gone from $180 down to $130 on a very minor hiccup in this
last quarter due to revenue recognition of an acquisition that they made.
But again, another example of nothing fundamental and strong underlying
businesses.  In small caps this year, these are liquid companies.  They
fall when there`s one seller out there.  And so, it makes it a very good
opportunity right now.

EPPERSON:  Yes, interesting companies to keep an eye on.

Thanks so much for joining us, Steven Denichilo, with Federated Investors
(NYSE:FII).

DENICHILO:  Thank you.

EPPERSON:  A new milestone in the budding legal marijuana business — the
fast-growing industry raking in billions in sales and creating jobs.  But
not without some growing pains.

Dina Gusovsky has more.

(BEGIN VIDEOTAPE)

DINA GUSOVSKY, NIGHTLY BUSINESS REPORT CORRESPONDENT:  It`s a multi-billion
dollar industry that`s barely legal.

ALICIA SYRETT, PATEGRION CAPITAL FOUNDER:  As an investor, I`m really
excited about the industry for several main reasons.  One is there is so
much demand for this product.  It hasn`t been legal before.  And people
were willing to go way out of their way to get it, even risk criminal
records.

I`m also very excited about the size of the industry.  So, it is already a
multi-billion dollar industry.  It`s also one of the fastest-growing
industries.  And it`s also exciting for a number of reasons related to the
medical possibilities, the women entering the field.

GUSOVSKY:  State regulated marijuana sales reached about $5.4 billion in
2015, and ArcView Group, an investment network, which tracks and forecasts
the marijuana industry, the sales of legal cannabis are on track to reach
about $21.8 billion by 2020.

While nearly half the country has passed legislation or ballot measures to
legalize the use of medicinal marijuana, Washington, Oregon, Alaska, and
Colorado have legalized adult recreational use as well.

In Colorado alone, about 27,000 jobs were created from the marijuana
industry, up about 68 percent from 2014.  But it`s not all on the upswing.

SYRETT:  First of all, you have to be cognizant of the quality
entrepreneur, especially if they`ve been involved in the industry from the
illegal times.  You also have to worry about the valuations.  It is a bit
of a gold rush right now.  And so, the valuations are a lot higher than you
might see with other companies in other industries outside of cannabis.

GUSOVSKY:  Greater competition is pushing prices down.  In Washington, for
example, revenue growth has slowed, and that`s expected to happen in other
states that have legalized recreational marijuana as well.  Not to mention
the use of marijuana still remains illegal on the federal level.

SYRETT:  The huge concern that most investors have is around the legal
environment.  The regulatory environment is changing on a daily basis.  And
you have to be aware of that and potentially even act as an advocate for
the companies that you`re invested in.

GUSOVSKY:  For NIGHTLY BUSINESS REPORT, I`m Dina Gusovsky.

(END VIDEOTAPE)

MATHISEN:  Coming up, meet the teenager who had a very simple yet very
bright idea that may help keep the millions who suffer from Alzheimer`s
safer.

(MUSIC)

MATHISEN:  More than 5 million Americans have Alzheimer`s disease.  And
almost two-thirds of those patients wander.  Many are at risk of falling,
and that is why one New York City teenager got the bright idea to lower
their injury risk with a device that senses changes in the body angle and
sends alerts to caregivers before the patient gets out of bed.

(BEGIN VIDEOTAPE)

MATHISEN:  Only 17 years old, Kenneth Shinozuka has already done things
most high schoolers will never do.  He holds three patents.  He`s lectured
at Ted Tech Conference.  Put an invention on display at the White House.
He`s won a $50,000 prize at the Google (NASDAQ:GOOG) Science Fair.

Shinozuka is motivated in part by love for his late grandfather.  When
Kenneth was 4, he sensed something was wrong.  The two got lost walking in
a park.

KENNETH SHINOZUKA, SENSARX FOUNDER AND CEO:  That was the longest hour I`ve
ever experienced in my life.  So, from then on, he had Alzheimer`s and it
got worse and worse.  It eventually led to his wandering.

MATHISEN:  Sometimes his grandfather wandered out of the house, once onto a
highway.  But Kenneth Shinozuka has a way of solving problems and helping
people.  In 2012, aiming to help his aunt who was staying up nights to keep
an eye on his grandfather, Shinozuka began working on a sock sensor.  It
would signal his aunt`s cell phone as soon as his grandfather`s foot hit
the ground.

A year later, though, stumped by some 200 coding errors, he almost gave up
on the project.

SHINOZUKA:  I remember during that moment, I heard my grandfather singing
in another room.  I put my hands over his, much like he placed his hands
over my tiny palms when I was much younger.  And in a moment of sudden
recognition, I guess, his grip suddenly tightened.  And I knew that he
still remembered me.

MATHISEN:  Inspired by his grandpa, he finished the sock sensor project.
But even as he was winning the Google (NASDAQ:GOOG) Award for the sock
sensor in 2014, Shinozuka had begun to think about ways to commercialize
his invention.  That summer, he formed a company, SensaRx, and began
testing the sock sensor at memory loss facilities.  He quickly learned many
folks don`t or won`t wear socks to bed.

His solution?  The SafeWander button sensor.  Attach it to any piece of
clothing and it acts like a motion detector.

SHINOZUKA:  As the patient gets off the bed, then an alert gets sent to the
caregiver`s smartphone.

MATHISEN:  Using Bluetooth, the sensor communicates with a nearby digital
gateway which pushes a signal to the Internet and ultimately to a
monitoring smartphone.  Caregivers receive alerts everywhere, even
outdoors.

In November 2014, Shinozuka began selling the sensor for $249 each.  By
January, a memory care facility near San Diego, Vista Gardens, became the
first institutional buyer.  Already, Vista Gardens says SafeWander is
reducing the risk of falls there.

Now, Shinozuka is partnering with Hebrew Home in New York city.

SHINOZUKA:  We`ll be putting the SafeWander sensor on you today.

MATHISEN:  On a year-long study aiming for acceptance by the broader
medical community.

NANCY D`AURIA, HEBREW HOME ASST. DIR. OF NURSING:  They can come and get
there before the person hits the ground.  And for the elders, it`s life-
saving, sometimes literally.  I think it`s good, I think it`s going to be
very big.

MATHISEN:  A big opportunity for a young student to impact so many lives.

SHINOZUKA:  You don`t need to be as smart as a lot of these tech innovators
seem to be in this day and age.  What you really need is to have a keen eye
for the problems in the world around you.

(END VIDEOTAPE)

MATHISEN:  What a cool guy.

Shinozuka says rolling around in bed is not a problem because the button is
activated only in changes by body angle, sitting up.  At the moment he`s
literally building sensors and shipping them from his New York City
apartment while he looks for a manufacturer.  He will be a freshman at
Harvard later this year and he says he may study neuroscience.  Cool guy.

EPPERSON:  And coming to my alma mater was a brilliant idea.  It`s great
for anyone who`s in the hospital.  That happens so often that people get up

MATHISEN:  People get up and fall.

EPPERSON:  They shouldn`t be getting up and then they fall.  So, yes, it`s
a great idea.

That`s NIGHTLY BUSINESS REPORT for tonight.  I`m Sharon Epperson.  Thanks
so much for watching.

MATHISEN:  I`m Tyler Mathisen.  Have a great weekend, everybody, and we`ll
see you back here on Monday.

END

Nightly Business Report transcripts and video are available on-line post
broadcast at http://nbr.com. The program is transcribed by CQRC
Transcriptions, LLC. Updates may be posted at a later date. The views of
our guests and commentators are their own and do not necessarily represent
the views of Nightly Business Report, or CNBC, Inc. Information presented
on Nightly Business Report is not and should not be considered as
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