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CNN Live At Daybreak

New Color of Money: $20 Bills Now Feature Blue, Peach Colors

Aired October 09, 2003 - 06:48   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


CAROL COSTELLO, CNN ANCHOR: Time for a little "Business Buzz" right now. The redesigned $20 bill makes its debut today.
Carrie Lee has the pictures from the Nasdaq market site in New York.

Carrie, could you show Chad what this $20 bill is going to look like?

CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Well the most interesting thing about this visually, Carol, is the bill is going to have some blue and peach colors in it. The first time in over 100 years that a U.S. note will show colors other than green and black. If you look very closely, well, maybe you can see it there.

Now the money makeover was done to stop counterfeiting. Nineteen billion dollars worth of these new bills are going into circulation today. Other safety features include a watermark image in the paper, an embedded plastic strip, as well as color shifting ink.

Now they are shipping these to some commercial banks today. Might take some time, though, before people actually get one in their hands. Obviously it takes some time to trickle down into consumer's hands. But that is the latest, and the bill is unveiled and coming out today.

Quick check on stocks, things look very strong this morning. Looks like we are going to see a higher open. We will get a reading on weekly jobless claims coming out. That could affect things.

The big stock story of the day, Yahoo! Last night after the bell reporting profits that doubled in the recent quarter from the year-ago period. Sales rose 43 percent. They are also raising projections for 2003. So Yahoo! hit it out of the park, it looks like, for the recent quarter, and that's certainly one thing helping stocks at the bullish expectation this morning.

Carol, back to you.

COSTELLO: All right. Carrie Lee, many thanks, we appreciate it.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com




Colors>


Aired October 9, 2003 - 06:48   ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: Time for a little "Business Buzz" right now. The redesigned $20 bill makes its debut today.
Carrie Lee has the pictures from the Nasdaq market site in New York.

Carrie, could you show Chad what this $20 bill is going to look like?

CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Well the most interesting thing about this visually, Carol, is the bill is going to have some blue and peach colors in it. The first time in over 100 years that a U.S. note will show colors other than green and black. If you look very closely, well, maybe you can see it there.

Now the money makeover was done to stop counterfeiting. Nineteen billion dollars worth of these new bills are going into circulation today. Other safety features include a watermark image in the paper, an embedded plastic strip, as well as color shifting ink.

Now they are shipping these to some commercial banks today. Might take some time, though, before people actually get one in their hands. Obviously it takes some time to trickle down into consumer's hands. But that is the latest, and the bill is unveiled and coming out today.

Quick check on stocks, things look very strong this morning. Looks like we are going to see a higher open. We will get a reading on weekly jobless claims coming out. That could affect things.

The big stock story of the day, Yahoo! Last night after the bell reporting profits that doubled in the recent quarter from the year-ago period. Sales rose 43 percent. They are also raising projections for 2003. So Yahoo! hit it out of the park, it looks like, for the recent quarter, and that's certainly one thing helping stocks at the bullish expectation this morning.

Carol, back to you.

COSTELLO: All right. Carrie Lee, many thanks, we appreciate it.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com




Colors>