owned by the guys that traded on the floor of the new york stock exchange. they were known as the holders. all these exchanges are shares of the new york stock exchange they are trying to do deals and create synergies. you agree synergies where you can cross market sales. this is more than just in the weeds wall street. these are all public companies. it would be great to show a stock chart. shares are up fairly significantly right now. gerri: great call on this story. i love your analogy. good stuff. thank you, charlie, thank you for coming on tonight. we appreciate it. well, obamacare regulations are starting to hit the fan. and obama's signature law is riddled a slew of deadlines. former health care advisor to mitt romney, doctor scott gottlieb. you have worked with mitt romney, is that correct? >> yes. gerri: i want to start with something that came out from the american action form. that was a study that found the obama administration has missed nearly half of the regulatory deadlines and obamacare. normally there is time for consumers to get involved in

we don't know if it will have the name new york stock exchange in that. i'd like to know that and charles schumer from new york said i'm pleased they are going to keep the new york stock exchange name and protect the brand, but we don't know if that's the title. there's a subsidiary called the new york stock exchange that will still exist. if they call it global exchange without the nyse name in it. >> they have to call it the nyse exchange. >> if they drop the nyse brand, that's the dumbest thing they can do. i can't even imagine that happening. >> regulatory suicide. >> what is chuck schumer going to do? >> this is the global brand, period. >> what happens down the road? what happens two years from now? do they want to spin off the cash equities business, a low-margin business that's out there? it's literally dragging the multiple down of the i.c.e. nyse. does it get spun off in some other form or sold to a london stock exchange or a deutsche boerse? >> why would they buy it, bob? >> nasdaq obviously wanted it. that's not going to happen because of regul

>> susie: here at the new york stock exchange, the big trade of the day was the big board itself. the n.y.s.e.-euronext has agreed to sell itself to the intercontinental exchange, an acquisition that would reshape wall street. it's an $8.2 billion deal that values the n.y.s.e. at $33 a share, a 38% premium to wednesday's close. so what are the implications of an upstart exchange buying the venerable big board? erika miller reports. >> reporter: the new york stock exchange has been the symbol of capitalism for nearly two centuries, but now it wants to give up its independence and be bought by a little-known rival in atlanta. the intercontinental exchange, or "ice" for short, was started 12 years ago as an energy trading platform. since then, the exchange has evolved into an internet-based marketplace trading futures, options, and derivatives. the reason it wants to buy the n.y.s.e. is not the plain vanilla stock trading business. the jewel in the deal is a division called "liffe," a leading futures and options exchange. it's based in london and drives over 40% of n.y.s.e. profits. >

nicole petallides on the floor of the new york stock exchange. oking a big tech names there. >> that's right. this is exciting. we'll look first at amazon. they will move into producing their own content. can you imagine if amazon shows grow and grow in popularity and they will have amazon instant video? they have six sitcom pilots. the stock is up 1%. they're going to use viewer responses and go into full production of certain shows. so the writers on "the daily show" and the onion have been tapped to create original shows. it is very interesting. >>> we'll look at apple. apple was dealt a blow today. down almost 1%. patent authorities here in the u.s., actually rejected apple's pinch to zoom patent. you see a picture and spread it out. people do that on the iphones and ipads. samsung has been right at them. they have obviously stepped in on this one. this decision handed apple in more than a billion dollars in damages. that is another issue. apple and samsung gone head-to-head constantly every single day. today you see apple down slightly. back

let me ask you about the new york stock exchange. not exactly new to you.us to about business right now. >> we're repositioning a legendary resort in miami. we also just won the concession to build the old post office building in d.c. so we're going to convert it into a luxury hotel. we're finding very interesting deals. there's not a lot ofly widty out there. there's not a lot of lending happening for large-scale development projects. we're in a good position where we have a lot of cash in the bank, and we're able to take advantage of that discrepancy. >> are you finding deals and taking advantage of those deals as a result of low interest rates? what's the catalyst? a lot of people are worried about fiscal cliff and sort of reluctant to put money to work. why are you so active? >> it's all about appropriate amounts of leverage. you can't borrow a lot, so you have to have the cash to be able to build. when you have a conservative capital structure and you're buying iconic assets in great cities, i think you'll do very well over time. traditionally, that's

nobody has not heard of new york stock exchange. k just that alone will help open global opportunities for us that ice hasn't -- >> called the combined company the new york stock exchange? >> we don't know what the combine is yet. >> the names. you guys -- >> we did this -- >> put our pencils down about an hour ago. >> gentlemen, i appreciate your time. thank you. jeff sprecher, duncan niederauer, send it back to you you carl. >>> philly fed, existing home sales and lei, breaking news on all three economic reports and the market reaction at the top of the hour. lt minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above,

we'll have to see, but i know that they valued the iconic importance of the new york stock exchange floort looks like nike shares have gone up. a public company, and not just a conglomeration of men and women coming together to trade stocks. they have to put their best foot forward and make some profit. you said something interesting. without dodd-frank, the major legislation reforming the banking industry this deal would never have happened. >> of for all of the sort of catcalls and crying as a river about dodd-frank, and there have been some real reasons to do that, but ultimately i think it is going to make your financial sector, the exchanges as well as a lot of the biggest banks and smaller banks more competitive internationally, and that scene in already. it may be sort of an odd thing for people to think about, but we are going to have the most efficient, effective markets in the world, and i see people coming to me all the time which new ideas and how they're doing things differently. i think this purchase by the intercontinental exchange of the new york stock exchange's one sort

we have to really look at the history bear in mind the shares of the last few days of the new york stock exchange were done something like eighty percent eight zero percent from their all time high so actually coming in today this premium yes it looks incredibly frothy to where the stock was tring only a couple of days ago but actually we're still talking about a share that's going to sell for essentially seventy percent or something like that or for of its all time high valuation just before the credit crunch in that sense it's not that expensive a property i mean let's face it what does it bring the ultimate household name in finance if you think back there are only three or maybe four exchanges in the world that pretty much everybody can manage to recognize whether they're young or old the new york stock exchange is the appeared to me brand of capitalism and as such it's probably not that expensive a price to be paying and let's quickly run through the equity markets now on wall street stocks are rebounding from a five week cologne this hour thanks mainly to the house speaker john boehner sayi

stocks and bonds. the exchange opened its doors in the current address. but as electronic trading came in and volume slowed the new yorktock exchange looked for a partner. and now it has one. the deal really the end of an era. that's it for today. thanks for joining me. next week, a look back at the stories, the stocks, and the people who made 2012. each week keep it right here on wall street. have a great week, everybody. have a merry christmas. i'll see you next weekend.?Ñ

the new york stock exchange and nasdaq closing early for christmas eve. day. all markets are closed in observance of the holiday. the rest of the week light on economic news. wednesday's, s&p case-shiller index will tell us about home price changes. and new home sales for the month of november will also be out. >>> earlier in the program, we told you about the deal in which the new york stock exchange will be acquired by the i.c.e. now history. in 1792, 24 stock brokers gathered under a buttonwood tree at 68 wall street. they established rules for buying and selling stocks and bonds. the exchange open stores at the current address in 1903 and dominated trading throughout much of the 20th century. as electronic trading came in and volume slowed the new york stock exchange looked for a partner. and now it has one. the deal really, the end of an era. that will do it for us today. thank you for joining me. next week, a look back at the stories, the stocks and the people who made 2012. each week, keep it here where wall street meets main street. have a great w

nicole petallides on the floor of the new york stock exchange. of the names on the dow have been in the green all day long with the exception of mcdonald's and traveler i wanted to take a look at aig. take a look at the treasury department says they sold the remaining stake in aig. up 5.5%. it was the biggest bailout back in 2008. we covered it from top to bottom. here is a look also at morgan stanley. the banking firm is considering whether or not to seek some regulatory approval. the last time they bought back shares was in 2008. they could be making the request in january. we will see whether or not they actually do that. back to you. ashley: thank you. we will be back in 15 minutes. tracy: we have been talking about it. small business confidence. build local blurb is here. plus, why investors should brace for a drop in the stock market. ashley: the dow is higher by over 100 points. the euro is up. it is getting more expensive to go to paris and london today. not so much in canada. we will be right back. ♪ americans are always ready to work ha

stock. and to give you some perspective on that, that's a premium of 33% over wednesday's closing price in new york. tori? >> what does this mean for the average investor and will the new york stock exchange still operate in new york? >> reporter: well, you know what, this most likely means not a lot for the average investor. you know what? you'll still buy and sell your stock through brokers and you won't notice a change here. this is much bigger news for insiders and word of the new york stock exchange seems to be staying there. >> thank you. >>> 7:11. new details this morning about the mother of the gunman in the quit school shooting. the -- in the connecticut school shooting and the tremendous support for the victims and the community of newtown. >>> edging closer to the fiscal cliff, the vote happening today and the expected result. >>> good thursday morning. starting off very cold. 20s, 30s and 40s. coming up we'll take a look at the forecast temperature in your neighborhood and when major rain returns to the bay area forecast. >>> time now, 7:14. we know more this morning about a report on tuesday about a man with a gun at san jose city college. the information was second- hand. th

toe biggest sale today at the new york stock exchange was the new york stock exchange. the institution, nearly as old todhe united states itself, was sold today for $8 billion. esd here's senior business correspondent anthony mason. >> reporter: a 220-year-old financial institution is being bought by an upstart kid of a company from atlanta, the intercontinental exchange, or ice, a derivatives trading firm founded only a dozen years ago. an icon of american capitalism since 1792, the new york stock exchange long dominated the financial landscape, but the big board has seen its influence erode in recent years. how long did you work opt floor here? s. 30 years. >> reporter: 30 years. when veteran trader it ken polcari started on the floor in ade early 1980s, that he was one he eome 3,000 traders. >> the energy that was in the building, that really drove kind of the personality of the place, ite market, the excitement of it. >> reporter: today, the floor is considerably quieter as electronic trading has eliminated the middle man, the number of traders has dwindled to fewer

ashley: let's go to nicole petallides at the floor of the new york stock exchange. f rim, research in motion. rim it is for real. shares of research in motion. research in motion has been beaten down the past couple of sessions. concerns of a new structure put in effect, and what they were going to do is use a tear factor, those tiers, is unclears unclear how they were going to break down. it contributes to the research in motion revenue. for two days we saw the selling from the blackberry maker, and now it is bouncing back and a nice performance. talking to the analyst talking positively saying it has been beaten down. the blackberry 10, january 30. put it on your calendar. ashley: people looking for that. doing better. thank you. the u.s. struggles to think about the fiscal cliff, is it time to invest your money abroad, overseas? while europe has many problems of its own is an understatement, joining us now, investment chief economic strategist, fox business exclusive. thank you very much for joining us. international fund up 20% year to date, how did you manage to

and also what's happened to the new york stock exchange, which has effectively become a wasting assetemiere exchange in the world now selling for what is a relatively low price compared to historic value. but it does mean that equity trading is not the wave of the profitable future. that really belongs to derivatives and futures. >> is this just something that happened because of what's come about with the machines? the rise of the machines, fewer people on the floor, how margins have been compressed? is this something you could have seen happening ten years ago no matter what, or something that could have been or should have been done to change that? >> well, i think it's a combination. technology has changed the landscape, and i think that before the regulators were able to digest all of the technological changes, the market it place had changed. and trading in volume for equities securities has largely left the new york stock exchange, which has become more of a forum for small transactions and dark pools have become the forum for larger transactions. >> you know, harvey, you raise

new york stock exchange. hey, maria. >> hey there, bill. big rally where you are. i'm bartiromo coming today from the white house for our special coverage. stocks rallying on the on the missile that perhaps we are nearing a fiscal cliff deal. coming up we'll, find out from key lawmakers in the fiscal cliff negotiations how we can actually get a deal done before the deadline. representative chris van hollen, lynn jenkins and javier becerra as well as sore orrin hatch with us. we'll hear from former treasury secretary altman and jeff greenfield. bill? >> stocks are trading off the highs of the day with less than an hour to go. final hour, really from the get-go. optimism about the cliff talks and senator harry reid made some comments this afternoon that put a damper on that real. we've lost about 30 points. in that time. up 74 on the dow at 13,244. the nasdaq is doing well today,

options, equity options, let's take it to the traders that have been dealing with is that the new york stock exchange cme group. john cortina, what was it like last night? how closely we want to mess with the stock futures dropping precipitously. it's not as bad as it could've been, is that right? >> yes, it's amazing what twitter can provide for you for information. i was at my child's recital and might twitter feed was going on. clearly, we saw a lot about last what happens overnight is that there's not a lot of volume or liquidity. you're going to see that shipped. the volatility in the market. especially that we saw with the s&p. if things like this find a way, i think that's healthy for the market. it's to showing it that yes, we were able to react to it. we put it all together. it seems like the market down its place. big panic isn't there yet. i think what happened on washington is when the republicans said, listen, here's where we're at right now. they were expecting a the sap in the market. now they can say, we told you it was going to happen. look at how the market reacted. clearly, i think

my partner, tyler mathisen kicks it off for us at the new york stock exchange. >> thank you very much. it is a quiet day down here at the new york stock exchange where the major averages are not really doing very much at this hour. let's take a look. the industrials are down 7 2/3 points at 13,163. nasdaq a little bit lower also in percentage terms. also a percentage at 29891.48. 2 3/4 right now at 1416.74. it would appear the markets are watchfully waiting to see what comes out of washington, if anything. of course, mr. boehner has gone back to his home in ohio for the weekend. the president is on duty at the white house. there are phones, as mr. boehner said, in southern ohio where he lives. if there are any developments, the two gentlemen certainly will be able to get in touch with one another. meantime, there are some individual stock stories of interest at this hour. and one of them concerns facebook. be a facebook lockup expires today and 150 million shares will open up on the market. the last time we had a lockup expiration many expected to see the stock drop. instead, it ralli

dennis: stocks now as did every 15 minutes, nicole petallides on the new york stock exchange. nicole: all eyes on washington now discuss the fiscal cliff trying to come to some sort of agreement to make this happen for u.s. taxpayers, americans across the country who are eagerly awaiting a bipartisan decision of some sort end justifies the meeting has brought some optimism to wall street and as result we are seeing the dow up 91 points. focusing on bank of america the top performer on the dow jones industrials. some of the tech stocks are

go to lauren simonetti at the new york stock exchange.ord the meeting is underway, and the dow, down, well, triple digits, now now 89. i have a feeling we don't hear anything until the market's closed. what do you think? >> i have a feeling you are right. we tested laos, moments ago, down 100 points, but for the dow, 109 the low. it's the final hour, always very volatile as of late especially. you talked about barnes & noble and weakness in the nook business. talk about the finished hand set maker, nokia and weakness in the phone business. a lot of the smart phones just hit the market with $99 price tags, and now the "wall street t journal" found they sell for $99 on amazon.com. after christmas, it's $39. you can get the lumia822 for free at verizon wireless with a new contract. i don't know what that says about the phones, but the stock is not liking it. nokia stock down nearly 3.2% now on the day. it's one of the biggest losers back to you.world. ashley: thank you so much. well, we are a mere trading day away from falling off the -- can

. >> reporter: the new york stock exchange has been the symbol of capitalism for nearly two centuries, but now it wants to give up its independence and be bought by a little-known rival in atlanta. the intercontinental exchange, or "ice" for short, was started 12 years ago as an energy trading platform. since then, the exchange has evolved into an internet-based marketplace trading futures, options, and derivatives. the reason it wants to buy the n.y.s.e. is not the plain vanilla stock trading business. the jewel in the deal is a division called "liffe," a leading futures and options exchange. it's based in london and drives over 40% of n.y.s.e. profits. >> it has a business that deals, for instance, in financial derivatives. these are derivatives contracts tied to financial products like interest rates, and ice has been wanting to expand in that direction for a while. >> reporter: as for the n.y.s.e., it's no secret that this year has been a tough one for the stock trading business. in addition, fewer companies are going public, so the i.p.o. market has dried up. on a conference call

nicole petallides on the floor of the new york stock exchange.icole, lots of cuts for pandora today. >> we were watching pandora yesterday late after the bell and came out with quarterly numbers and quickly the stock began to sell off. that has translated into today the action you are seeing. you will see down arrows right here. it has been down over 20% like it is right now. it is down $1.91 to 7.54. this is outlook giving well below the analyst expectations. they're seeing a loss in the fourth quarter. they're talking about full-year guidance that will be below the analyst expectations. revenue that is also not, not stellar and certainly not meeting what wall street had been hoping for. as a result, pandora media is really tanking today. shareholders can not be pleased with a loss of over 20%. back to you. lori:. melissa: no, i would say. nicole, thanks so much. lori: great scott! the could this be the taxi of future. two designers putting their twist on what new york city cabs could soon look like. melissa: i love it. lori: designing them in t

. >>> this just in to cnn the new york stock exchange being sold? on kosik is at the new york stock exchange so is it being sold and what does this mean? >> well the deal has been made, that still needs regulatory approval but if the deal does go through it would mean the building i'm sitting in, the new york stock exchange euronex will wind up operating essentially under new ownership. intercontinental exchange is looking to buy nyse, the parent of the new york stock exchange, an $8.2 billion cash and stock deal. it's known as i.c.e., it operates as this electronic exchange and trades futures and over-the-counter energy and commodity contracts. i.c.e. has other exchanges looking to buy the nyse is trades in other things different from what's traded here. they trade crude oil, natural gas, and they've even expanded their activities into softer commodities like cotton and sugar and coffee, so you're seeing sort of something new being thrown into the mix. as we speak shares of the nyse are surging 35% in the premarket. remember the nyse euronex is a pu

we go live to jane king at the new york stock exchange, next. >> reporter: new insight into the relationshipnd his mother as the small connecticut community continues to bury its dead, >>> welcome back. check out where the rain will be today clear lake and cloverdale the rest of us increasing clouds and breezes, mid to upper 50s, 56+Ñy san francisco, 58 oakland, 57 san jose, rain well northó-qmÑ+n forecast low to mid 60s sunshine in southern california the sierra is quiet today that is the key, today, starting tomorrow morning through monday morning winter storm warning two to five feet of snow above 7,000 feet winds gusting 65 to 70 miles per hour. slow levels down to 4,000 feet. have fun getting up there, please be safe. >>> funerals have become part of the daily routine in newtown, connecticut. gun control daily debate nationwide all following the mass shooting at sandy hook elementary school. katie marzullo has the latest this morning. >> reporter: we have heard a lot about nancy lanza's concern for her son adam's mental health. cnn reporting the day before her death nancy returned from

here's the new york stock exchange, three stocks trading down for every one trading up. another thing trading up a the vix index. it's 20.18. the vix has traded below the two decade average, and that's not happened this month. we broke that trend. we have an uptick in the vix now. adam, back to you. adam: the question of the day, are we closing in on the deadline and potential plan to avert the fiscal cliff, about this afternoon's meeting between the leaders, and expectations between a deal are not running as high as they were back in november. remember this? >> i believe we can do this, avert the fiscal cliff that is right in front of us today. >> this is not something we are going to wait until the last day of december to get it done. adam. adam: proof words are cheap. it's the end of diecious, and absolutely nothing was done. why does it come down to the wire? republican senator of north dakota joining us now from capitol hill. sir, we appreciate you being with us, you were on fox business the other day, and are we going to have a deal or as some people are saying, do

new survey says no. stocks a little bit higher. as coach before the new york stock exchange and check in with nicole watching apple after cher started to downgrade today. nicole: that is right. apple sold off, in the red and move higher. they have a buy rating, jefferies cut the price target on apple. the new price target is $800 from $900. they came down $100 but certainly plenty of upside potential. right now apple at $5.29 and change. some nice room to grow. talking about the pressure on margins apple faces obviously intense competition but also the fact they will be launching a new iphone app coming along, all the thing these things we'rg about for next year and those to make it into their margins to alternately that is whether lord their price target. mcdonald's, same-store sales moved higher and beat the analyst expectations of 2.4%, that obviously outpaced october which is a losing month, first losing month in nine years for mcdonald's, but they're doing well for breakfast and in europe. lori: thank you as always. melissa: president obama had to try to seeking more su

david: let's go to nicole petallides at the new york stock exchange.that talk about coming back on sunday, maybe working through new year's eve and new year's day that moved the market. nicole: we started off to the upside. we were slowly moving lower. we were down about 150 points. and we just stayed there. we were stagnant. all of a sudden, the headline crossed, that they were going to be working on a sunday at 6:30 p.m. and the market began to shoot back up. if you didn't think that wall street and washington weren't tied together, today you know for sure that investors are keyed in on washington. shibani: we're also watching four big retailers, great piece in the "wall street journal" today calling four retailers on a do-or-die mission for 2013. do they do-or-die a little bit today nicole? nicole: we have seen a lot of retailers under pressure. certainly they didn't do so great today. many of these names when we talk about them, they have had a tough year 2012. they really are do-or-die. you talk about management, talk about competition, you talk a

nicole petallides at the new york stock exchange. hey nicole. nicole: i look forward to hearing more about that particular story as i watch the stock market here, i do see the dow is down about 1/3 of 1%. majority of the dow components are lower. it is december 24th. there are kids running around here. it's a very random day on wall street. the traders will get together and sing the traditional song which represents hope back in the early 1900s. some names are weighing heavily here on the major averages. a couple names squeezing out gains like alcoa and home depot. let's take a look at the retailer jc penney. you do see it doing particularly well here. oppenheimer has talked about the fact that there's traffic. there's people going into the stores. they are doing a lot of promotions over at jc penney, and that's actually helping them out. a lot of kids here today, obviously, on a day where we're waiting for the big holiday. all right. there you go, merry christmas everybody. dagen: thank you, nicole. dennis: president obama and house speaker boeh

every 15 minutes we head to the floor of the new york stock exchange. where nicole petallides is watching best buy for us. >> i'm watching best buy because the stock is really jumping. this on the headlines founder richard schulze may be moving forward, according to "the minneapolis star tribune" and moving forward to make an offer by the end of the week. this will not be first or last time the founder trying to put together a group of private equity investors to take it private. as it comes to fruition is becomes more tangible. that is what is getting stock moving. it is below 14%. but had a nice pop. this has been under extreme pressure is. electronics are a tough business. we saw what happened to circuit city. back to you. adam: thank you very much, nicole petallides. lori: after october retail sales numbers were distorted by the impact of hurricane sandy november sales bounced back to adjusted 0.3% gain. will we see december sales rise even more? we have a retail analyst with us. dorothy. thanks for coming in. >> thanks for having me. lori: the impac

i was hearing it was a full out acquisition, the new york stock exchange getting bought by the intercontinental exchange and that blew me away. it is an amazing story. we fight for seconds here. going on the air, basically saying at the new york stock exchange about the taken over, this is not a merger of equalss, this is a takeover of the most venerable, one of the most venerable institutions in american finance, the new york stock exchange. it is been there since the old button agreement. [talking over each other] charlie: that is why they call it -- they became essentially a club of freighters under that and expanded to much bigger than a tree, beautiful headquarters, but here is the thing. when i started to digest it it was a phenomenal story. the intercontinental exchange was created only 12 years ago by jeff springer, a longtime executive in the energy industry. people don't realize energy is a commodity, commodities are traded in exchanges locking in costs. he came up with a system to forget about the pits of chicago where people ice-cream at each other or new york, the new york mercanti

we'll check without is happening with jane king live at the new york stock exchange, next. >> reportere at ricky's in san leandro after the break i will introduce to you some of these die-hard fans and tell you how raiders have factored into their >>> you know what all those neighborhoods have in common? no rain. mist and drizzle, but by noon break in the cloud cover temperatures will warm into the low to mid 60s in most neighborhoods coast may stay longer than the cloud cover upper 50s possible plus west wind bringing cooler air again the coast from out over the ocean. entire state doppler radar dry now temperatures mainly in the mid 50s fresno, los angeles and san diego mid 60s. 40 tahoe, palm springs 80°. >>> we check in now with josh elliot for what is coming up on "good morning america" at 7:00. >>> good thursday to you both to all of new the bay area. coming up, exclusive, this morning the utah mother who gave her baby up for adoption but didn't tell the father led to a bitter custody battle for the first time she is telling her whole story to abc news it is next here on "good mo

jane king is live at the new york stock exchange. tell me! >>> good morning.t california stands a good chance of becoming the nation's top oil producing state within a decade the government sold leases covering 18,000 acres last week, occidental amid the dominant bidders analysts forecasting a california "renaissance. stronger open this morning, slightly, s&p a little lower, optimism over the fiscal cliff, a lot of caution as well as you can see. bloomberg index is a little higher. with college tuition skyrocketing more families are considering community college to save money forbes broke down the best paying jobs for community college grads, air traffic controllers top the list with six figure median salary. other high paying jobs dental hygienists radiation therapists and registered nurses. seasonal work at the local mall as the mall's santa, can pay handsomely, top level santas can earn over $100 an hour. live at the new york stock exchange, i'm jane king. >> [ inaudible ] >> what makes a top level santa? >> your own byrd. >>> santa suit sounds good, it is

what's most important is i need to know that our shareholders have a market and the new york stock exchangehus far is a market that's highly liquid and in tough times you want to get that liquidity which is strength of this exchange, and i don't think the impacts it may enhance it a little bit, but to me i want to make sure we have a strong solid market. >> enhances it because the pool of liquidity is smaller. >> what kind of year are you expecting in 2013, bob? >> expecting a good year. >> yeah. >> can't give you a prediction, but i will tell you we've worked hard on our operating results in 2012. still on target we feel to achieve our as operational goals in 2015 >> you look at the asian market, and i know for a long time that's been so important. you mentioned japan, okay, the yen has been a big story. what can you tell us about what's happening in japan right now in terms of business? >> well, our business continued to do well over there, so i know that you read the headlines and see the issues. i think japan is working through their issues, but for our business at ai, still the largest

it has been 15 minutes since we checked in with nicole on the new york stock exchange. a big winner. >> i feel like there is good news and bad news when you talk about research in motion. the big news is a winner past three months it has been running up certainly going into the blackberry 10 launch on january 30th. there is a lot of high hopes. we have seen one of the analysts this morning cutting the price target to the downside. that is something that we're watching very closely. bnp paribas with a neutral rating so no real conviction there. however you can see the stock is up almost 11% and with the back and forth and questions about the blackberry 10 right now a lot of believers out there. up a buck 13. nice move. back to you. lori: nicole, thank you. tracy: that is interesting when it plays out whether the blackberry 10 comes out. lori: i'm a blackberry deveto. so much easier to type on. tracy: we'll see. good news for the housing recovery. latest case-shiller report shows home prices in the 20-city index grew 4.3% year-over-year. this is despite a slip one month ea

>> [ unintelligible ] len is live from the new york stock exchange. >>> good morning.if you -- if you happened to see the hobbit this weekend, not alone the first of the three movies, was the top grossing film in the u.s. and canada for a second weekend over 36 million dollars in sales. speaking of sales, let's talk about gun sales. we know enthusiasts are concerned president obama is going to be behind an implementation of new gun control laws which would make it harder to get a weapon. folks have been flocking online, weapon sights with which matches buyers and sellers, some sellers require a background check most do not. that's because federal law does not require it for guns sold privately. let's look at what is happening in the markets. 19 minutes into the trading session, declines today, that going to add to the losses friday bloomberg index lower and the backdrop is what is happening or not in washington. get this, new tax established by affordable care act on medical devices from syringes to pacemakers may cause manufacturers to dodge requirements they register

live at the new york stock exchange, i'm jane king. >>> lol! >>> i know.can smile a little with weather turning dry for folks trying to geter rans done. >> trying to cleanup -- trying to cleanup,:50 in between storms, high clouds and sun are going to rule today's forecast, beautiful picture some of the haze, fog up around petaluma and also in novato watch out as you are traveling 101 this morning. live doppler 7 hd with the lack of clouds we have a lack of radar returns definitely indicating dry conditions outside put the wet weather gear away for now. more than two inches redwood city, hayward and san jose, more than three inches livermore, oakland and san francisco, concord, fairfield napa, more than four inches. nearly 16 inches in -- five-day total impressive, napa river at napa, flood stage getting up there then it made that quick sharp turn now we expect it to stay well below flood stage many st. helena, napa river there got close to flood stage then made an abrupt pull back. russian river is doing fine, close to areas of concern the yellow has made

for that we go to ramin mellegard at the new york stock exchange. the election brought big changes. what's happening there, ramin? >> yes, you've gone through some of the currency levels but let's have a look at the opening levels for the nikkei and the topix for december 16. very big gain for the nikkei, 9,888. it did break to 9,500 for a very brief time. we're still up above 1.5%. we've seen the nikkei rise up above a thousand points since the election in mid-november. many are betting we could see 10,000. we're just over 100 points off that. let's not forget there are a couple key issues which may cause some bumps in the road. let's not forget japan is in a technical recession and the reports, which we covered, did show a big drop in the number for the last quarter reflecting the economy's domestic picture. it was down at minus 12 compared to minus 3 the previous quarter, you can see there. also a lot of market observers in the wider picture of the global stock markets are looking at the u.s., and if there's no resolution there to the u.s. fiscal cliff, that could also be a major

succeed but least capable of handling that success. >>> still ahead, we will go live to the new york stock exchangeor the opening bell investors get ready to react to the november jobs report. >> overnight another strong earthquake shakes japan. new video yo -- new video showing the quake as it happened. >>> fall at the coliseum during a game. the fan sent to the hospital after plunging from the stands before the start. >> reporter: i'm amy hollyfield in sunnyvale with a story you will only see on abc 7. this car lot is empty and it comes as a devastating surprise to its customers. >>> good morning. live look at bay bridge toll, metering lights on, clear on the upper deck, no issues. relatively light friday morning commute. more details when we come up after the break >>> opening bell about to ring in a few seconds looks like spider-man is liking it at the nasdaq. >> there's four of 'em. >> okay spider men are happy about the jobless report that just came out the rate is down to 7.7% the lowness four years, better than -- lowest in four years better than expected. the economy added fewer jobs than

we're 30 seconds away from the start of trading at the new york stock exchange. esentatives from the new york national guard are ringing the opening bell today. [ bell ringing ] more than 4,000 guards and airmen helped the victims of superstorm sandy. investors are still concerned about the looming fiscal cliff. >>> blizzard warning in up to six states. in arkansas the national guard has been called to provide ambulance service for residents. heavy snow and strong winds will lead to whiteout conditions across the ohio river valley. the heaviest snow is expected to move into western pennsylvania and new york state this afternoon. >>> hundreds of american families wanting to adopt russian children may have their dreams dashed. they have given final approval for a ban on such adoptions, seen as payback for a recently signed u.s. law imposing travel and financial restrictions on human rights abusers in russia. >>> there are six days left until the u.s. crosses over the so-called fiscal cliff. in case washington doesn't make a deal we're doing our best to get you ready

saying... [ all ] i'm with scottrade. >> i am nicole petallides live on the floor of the new york stock exchangeutes, we do stocks now. best buy a name that we all know well. the stock has been something to watch. it certainly has been very volatile. richard shultz founded this company back in 1956. according to the minneapolis star tribune, he is working on some offer by the end of the week. fourteen dollars. the ten year chart showed it was a $60 stock. there it is today at 14.10. cheryl: republicans and democrats are holding dueling news conferences on republican hill today. house speaker john boehner blaming the white house for the stalemate. >> i have been pushing all year for us to address this problem. here we are in the president still is not serious about dealing with this issue right here. it is this issue. spending. cheryl: on the other side of capitol hill, harry reid, says it is not president obama's fault, it is john boehner's. >> speaker boehner cannot avoid the american people forever. at some point, reality should set in. cheryl: and so it goes. the fiscal cliff growing ever clo

alison kosik at the new york stock exchange.ry 19 minutes someone dies of a drug overdose. most are not from elicit drugs, but fda drugs prescribed to millions of americans. dr. sanjay gupta reports. >> reporter: i rode along with lieutenant craig. he's been on the job for 30 years. he will tell you when he takes an overdose call, the usual suspect is a painkiller. >> what sort of impact have you seen here in seattle? >> i think if you pull a group of people together from this community, someone in that group is going to have had a friend or loved one that's had difficulty with a prescription drug or potentially died from that. >> reporter: the unit responds to 45 calls a month of overdoses involving these types of medications. this is important, it can be difficult to tell whether it's a painkiller or heroin because they come from the same ingredient and do the same sort of thing to your body. >> aside from needle tracks in the arms, someone who has had an overdose or heroin they could look the same. >> absolutely. they could b

i'm maria bartiromo at the new york stock exchange. scott, good to see you. here with scott wapner. the market near the lows on the day on fears that a deal to avoid the fiscal cliff may actually be a lot further away than we thought. >> more sparring today. deal, i don't know. if you listen to what they are saying today, scott wapner in for bill griffith. the president calling for compromise in a news conference today, but here on wall street there is a bit less optimism for the deal than we've felt in recent days. see where we sit right now. the dow is down 56 points. nasdaq and s&p under some pressure as well right now as we -- there you go. nasdaq is down six and the s&p, maria, selling off as well. >> mr. jobs, more jabs being exchanged on capitol hill today. what was supposed to be a presidential press conference on gun control quickly transformed into a discussion about the fiscal cliff. with the majority of questions focusing on the issue. washington correspondent john harwood at the white house right now. john, perhaps no one has followed the twists and turns as much as you

morning i only had to look no further than post nine where i'm stationed on the floor of the new york stock exchange for "squawk on the street" to see this new acquisition dynamic play out. today nyse euronext agreed to be acquired by intercontinental exchange, a young upstart with not even a dozen years of trading under its belt. this went from $24.32 and change, had a fantastic appreciation, which shows you how an iconic american business can be worth much more than it's trading floor, providing a competitor gets to acquire it. separate these companies, know what they are? they're part of a dog eat dog universe of exchanges and an industry with way too much capacity. together they become the global powerhouse that can dominate futures trading. in other words, this is a dodd-frank legislation made me do it deal. it shows both companies are willing to do what's right for you, the shareholders, even if our leaders aren't willing to do what's right for you, the taxpayers. sadly the new york stock exchange is something that we used to come into a newer company because the equity business, which is its

let's head back down to nicole petallides on the floor of the new york stock exchange. it already. it turns out the stocks are not really reflecting good news here. let's start off with smith & wesson. there has been some heavy demand. the stock hit a 52 week high earlier in today's session. there was concern about backlog concerns. the company did raise their full-year outlook. we are talking about the backlog, as well. shares have more than doubled this year. today, pulling back. let's take a look at harry winston. their results missed the analyst expectations. they also said they do not plan to spin off their watch and jeweler position next year. they cut their full-year diamond production target. talk to you. ashley: thank you very much. [talking over each other] tracy: coming up, is right now the last good time to convert to a roth ira? we will weigh in on that next. ashley: superstorm sandy sparking a business boom for one wisconsin generator company. jeff flock is live with that story. first, some of the winners and losers. ♪ le announcer ] where do you turn for

ashley: back before the new york stock exchange. goddess down there with a great deal. nicole: you are too kind. to name certainly making news on a big deal today. you can see clear why are down 13%. a deal worth $2.2 billion, so agrees to sell, but majority of shareholders sprint and nextel. a big move for sprint as far as the acquisition is making. back to you. tracy: thank you, nicole, we will see you in 15 minutes. ashley: we're going to get right to it, time to make money with charles payne. time is money. following up on a dirty fingernails stock. charles: you love these, talked about it in me, so time to follow up on tractor supplies. selling tractor parts ironically, but you go get barbed wire, futurity. livestock 40% of their business. the company is absolutely amazing. the stock pulled back a little bit that could give people an opportunity to jump in. despite the fact there are signs, they still have a lot of people, a lot of upside potential for them. tracy: who are the competitors, like a home depot? charles: no, no, no