was expecting. is that because of lower oil prices? how long can that can't? >> good morning, if you think about a refining environment there is a lot of moving parts and it's almost impossible to say but it will be very robust and it's probably lower so we are still very very strong and positive operating profits for this year. >> but obviously the market reacting badly for these numbers. shares are 5.5% as we look at things and particularly the guidance in the year ahead. what kind of impact is that having? >> that's something 70 million euros impact and we had this big turn around every fifth year. that's what we're going to do. the share price probably there was also someone who was not satisfied with our dividend. it's very stable as was last year so it's also showing that we are very confident and robust with the results. >> sharp rebound in oil prices over the past couple of days. brent is up about 20% since the recent low hit back on the 13th of january. i want to get your thoughts on the re

expectations. >> looking at companies, capital investment grew .1%. do you think this positive trend will continue? >> the private machinery orders and also manufacturers fiscally increase bigger investment next quarters. that said, the recovery of investments is likingly for the coming year. >> what about long-term? do you think companies will start investing in japan again? >> i don't think a trend that is going to be changed. investment started to shift in some extent to japan because they started to increase in production in domestic production. however, this was not increase enough to invest because domestic demand is going to be shrink because of the democratic reasons and also becoming the issue for labor shortages. >> so for companies overseas markets is more attractive than here in japan. what about your prospects for 2015 bye-bye how do you look at japan's economy? >> we expect japan economy to be more growth in 2015. our focus is this year. the global economy 2.7% in 2014 and the increas

do you expect a rate rise this year? and are you concerned about the disinflation that seems to be in the united states and around the world? >> you have to take that into account. now we at the dallas fed like everything else look at things differently. we use a calculation that's been very steady and great. for the decade i've been in service the best predictor for inflation. it's different than the headline ecb and the core. we think that should be the best guidance of where we are. we're below the 2% target but we have price stability in the united states. >> what would you do with rates then. >> you know what i would do with rates. i would have liked to have seen us begin to slowly raise rates. i was in favor of an early and slow approach. there's counter arguments to that out there in the economic community. larry sommers saying see the whites of the eyes of full employment and to me that means we run the risk of doing what the fed has always done. you raise rates too rapidly. every time it happens we raise rates a

what is the market expecting?> analyst are expecting a pretty big drop, 36% drop in net income from bhp. the average estimate of 4 analysts rings in the earnings the first billion for half. we saw the same thing with rio tinto a couple of weeks ago. and oil have been down very heavily recently. rio has been cutting costs to chase that price down. we can expect to see something similar from bhp. down to expecting cuts 10 billion in 2016. bhp may see upside from the the company of their non-core assets they will be listing separately. holds, 1 sell. we will learn more about that tomorrow, angie. >> thanks, paul allen. we are going to get more on bluescope's earnings from the ceo himself. paul o'malley will join us in our new show, "trending business to get after 10:00 a.m. hong kong singapore time. kaiser saysbuying competitors must allow it breathing space. the resolution of the company's debts is a condition of the sale. drug maker will buy sale x for about $1.10 billion. rose on friday almost completely illuminat

trimmed its expected yearly loss after cutting corporate costs and seeing better than expected sales of playstation game consoles. sony will spend $15 million to investigate and recover from that breach. despite that, surged to $25.94. >> a strong outlook for humana the insurance missed the street's estimates. membership grew but new hepatitis c treatment and flu increased. but problems behind it and predicting a better 2015. shares up more than 1% to close at $150.54. a big beat from world pool today. recent acquisitions in europe and asia helped. it's been raising prices in foreign markets to offset that. shares popped almost 7% to $214.88. yum out with earnings after the bell. pizza hut and kfc owner said sales fell less than expected in china. the company's biggest market. revenue topped estimates but earnings were shy of them. shares initially popped after the bell better the close, shares were up slightly to $73.65. >> it has been one year since microsoft officially appointed nadela as the company's ceo. since then the stock gained nearly 15%. just about as much as the broader

gdp came in below expectations. but some of the manufacturing helping to risk sentiment a little bit. remember, you're competing with the chinese twin pmi numbers which were disappointing. showing contraction in the manufacturing sectors. this is how we're looking in the fixed space in terms of greek bonds. it has been a rollercoaster since the new leadership took power in greece. as the new prime minister and finance minister toured the region to talk about negotiations with the ecb. as i was mentioning chinese markets ended the session lower. factory activity shrank for the second straight month in january. the market survey final pmi reading of 49.7 was initially lower than the reading of 49 .8. it comes on the next day of china's official pmi showed contraction for the first time in over two years. that was yesterday. the data weighing on the price of crude. a senior economist at lom bard research. after the disappointing numbers out of china. you're hearing more calls for more aggressive policy easing. we had a

expect -- blocking the roads. expect icy conditions. anywhere up the water conditions and run off you'll see ice. 52nd and locust are blocked. use 51st and market street. this is causing a detour on the 52 bus, on the route 52 bus you want to watch for detours. you can see the flames shooting out of control with the fire scene. a number of emergency workers blocking off the roads in west philadelphia. 52nd and locust street. chopper 6 live on the scene. as we go back to the maps. it's not only a fire location in north philadelphia. erie avenue between 17th and 18th, as well that's a two-alarm building fire. looking outside live on 422 we are better we had an accident eastbound at oaks. that's cleared. the main roads are dry but expect slick spots on the sides of the road and the secondary roads this morning. an accident at ruth road at stall road. a few things going on when we expected light volume on the roads this morning. >> chestnut is usually a sleepy place at night but overnight into this morning an explosion destroyed a building

much better than expected.s giving more ammo to the fed to raise rates in june. >> good morning, guys. the way that we look at it patience is a virtue on the part of the fed because we live in a globalized world and if you think about it given the policies that we're seeing out of europe and the ecb starting it's bond buying soon next month and the fact that the japanese are still easing and there's been a whole host of central banks elsewhere easing in many ways it looks like the fed is tighter and it's been reflected in the dollar and the big move there. there's no rush in the sense of the fed having to precommit to any tightening. if you look at the way the minutes read and the way they're trying to move away from specific targets and date specific kind of you know lift off rates they don't want to be boxed in. >> let's talk about that rising dollar you just mentioned. how significant of a tightening has the rising dollar been. >> that's a good question. the way we look at it the dollar probably is worth abo

epps expected to recover. the teenage driver of the car that hit the officer was badly banged up. >>> the brutal cold does create some cool stuff. one of the things we like to enjoy during the cold is the massive mounds of ice and more cave-like situations on the frigid lake michigan. inside are icicles. # 5% -- 85 -- is it a -- stlagmites. >>> buffalo has shut off the lake effect machine. they have reported lake-effect snow but with the lake covered you won't get snow. we have snow heading our way. the skiers will love that. this is a wonderful winner for you folks up there. once we got past december and the arctic set in. it's fantastic for the skiers. they've be able to make snow. storm tracker 6and mother nature has been helped out. temperatures in philadelphia, 14 degrees it's actually one of the warmer numbers out there. dewpoint 4 winds out of the south. at 7 miles per hour. feels like five below in dover. feels like 3 in wilmington and 4 in philadelphia. feels like 3 below in allentown. and 3 below is

expecting?re you expect a jubilee budget, singapore celebrating its 50th year of independence.ase, analysts certain there will be more social spending for low income and elderly. the income gap has widened, like the rest of asia. there is also a growing gray population. they need support to cope with higher prices on health care. the budget may help you that. the budget, potentially the last before an election. the ruling party wants to do better this time around. smallest margin of voters at the last one. some say it they used the budget to show they understand challenges faced by the people. apart from that, we also see companies focusing on productivity, which is still lagging behind the target. the government may extend yet again, a program to help companies increase productivity. that may, in turn, help boost the gdp, which is slowing. slowinging, given the -- sluggish global economy. apparently, singapore's prime minister has been hospitalized? >> he has been hospitalized for two weeks, treated for severe pneumonia. he is on mechanical ventilation. according to a, stateme

expectations but even though there was a positive surprise expected this moved the euro into the upside we're at session highs up .2%. 1137. >> the euro at 113 against the u.s. dollar. we got a read on greece's economy. falling further into deflation, inflation for the country came in at negative 2.8% year over year. this in comparison to negative 2.5% in the month of december. this as talks broke down yesterday. athens not requesting an extension of the bailout program. a proposal given by the euro group. now let's take a look at how u.s. futures are trading. arrows pointing to the down side after markets have bb on the move to the upside the past couple of weeks. wall street rebounding thanks to better than expected earnings. positive data helping boost sentiment across wall street. of the major indices the nasdaq is at the top at around 5%. apple trading at a record high on thursday. currently on track for four consecutive weeks of gains. up about 19%. we care so much about apple because it has the largest rating on the nasdaq. that has played a big role in terms of the nasdaq's out

i'll let you know what to expect and how long we can expect the snow. that's all coming up in my first alert seven-day forecast. trading-in or selling your car truck or suv? webuyanycar.com takes the hassle out of selling in just 3 easy steps. one, get your free online valuation. two, book an appointment. and three, pick up a check at your nearest buying center. ♪ find out how much your car is worth ♪ ♪ at webuyanycar.com ♪ >>> we want to show you this dramatic mountain rescue in oregon. a man and a woman fell while climbing up a popular passage on mt. hood yesterday. the woman broke both of her ankles, the man broke his leg. a national guard helicopter airlifted the victims to a hospital in portland. a third climber also fell but was not seriously injured. >>> and tracking rain and snow moving in as we head into your overnight hours, pushing into your monday morning commute. we could see a few snow showers, even earlier than that heading into your late evening hours. so keep that in mind as you're making your plans, and watch for slick roads as you're

during the next few years we expect actual g.d.p. will rise more rapidly than its potential gradually eliminating that slack. for the labor market in particular we anticipate that slack will dissipate by the end of 2017. by our projections increased hiring will reduce the unemployment rate from 5.7% in the fourth quarter of last year to 5.3% in the fourth quarter of 2017. which is close to the expected natural rate of unemployment. that is the rate rising from all sources except fluctuations in the overall demands. that increased hiring will also encourage more people to enter or stay in the labor force boosting the labor force participation rate, which is tl percentage of people looking or actively looking for work. our projections beyond the next few years are not based on estimates of cyclical developments in the economy. these agency has not attempt to predict economic fluctuations that far into the future. instead those projections are based on estimates of underlying factors that project the capacity. for 2020-2025, we project

for the btx we expect to join caltrain with approval of the environmental impact statement this year and congratulations to caltrain for certifying the eir for the caltrain implication and we'll get ours pretty soon and we continue to explore more detailed delivery methods and continue our close coordination with the project stakeholders including california high-speed rail, caltrain, fatah and fra and the city. we intend to present in the february meeting the rfp for the transit center sponsorship naming rights and plan to issue those in february and receive proposals in april and recommend to the board for approval in may. the name will be used to fund the rooftop park and expect to close escrow on the sale of blocks 8, 9 and 5 this year, and release an rfp for the sale of block f, parcel f. we'll continue our risk assessment effort and update our risk management plan to include the latest exposures and update requirements for contingency levels.eds we plan to present to the board at the may meeting an update to the budget for phase 1, that will take into account any monies brought

>> they're expecting a significant move. to dan's point, on a selloff down underneath 200, i think it's a buy. i think you have to be very cautious. let's remember, this is essentially a technology company going forward. it's traded with oil, whether it should or should not. it has been trading with oil. to your point, dan, those are really i think some of the key metrics. the suv, how well can they do with that, and the rest of the vehicle lineups that they've got in the future. are they going to be able to produce and how are they going to rectify some of the issues. >> it's had a pretty good run of late. since the 20th, it is up by 13% along with wtf. >> we had that bounce. the range to me has been pretty defined. we talked about that range. now resistance on the upside. i'm still waiting to see. i'm sort of in the same camp the fellows have been talking about now. would rather see it pull back. >> i think you have to trade this technically. the only reason to buy this fundamentally is if you think they are actually going

do you expect them to step up the attacks? >> i do. i do not expect ground troops to happen. do expect it will be intensified through various means. not amounting to any ground troops. katty: it is hard to get into the mind of an organization that would do something as horrific as was done. do you think there is a chance the islamic state planned for retaliation and wanted to draw jordan into the fight? >> who knows? this is an organization that has done things in a barbaric way and they have gone too far with this incident. i remember being in government when the bombings took place and it had an instant effect in uniting all jordanians. jordanians have different positions on the war against isis. after today, i expect the country to be united. but you are based in jordan and, after the pilot was initially taken by islamic state, there are people saying, why are we part of this coalition? you suggest this is not the case . >> they will be united and expect something to be done. jordanians are not used to seeing such acts on tv. it is a matter of national pride to them. the c

on hold as expected. there is talk in the market that we could see it as early as april because the risks seem to be skewed to the side. elsewhere i want to talk about one of the big stories today and that involved the holdings the stock was up by well over 40%. it's the subject of the take over by japan post. 5.1 billion u.s. dollar proposed deal. it has to go through the regulatory ringer but that story really boyd australian equities and dollar as well. but overall it will start dropping off over the course of the next week or so. they're on holiday and will be closed for about a week. markets in china will reopen february 25th. so volumes are going to be on the thin side in this region for the next week or so. back to you, now. >> have, thank you so much. now let's get everyone up to speed on what's happening with greece because greece is set to ask for a loan extension. that according to a government spokesperson. the spokesperson made comments when speaking to greek television. this as cnbc confirme

that's where we expect the highest totals. a look at future weather now, 5:00 6:00 7:00 even 8:00 in the morning we see the snow moving in. the deeper shades of purple in pargts of new jersey and delaware. this is where we expect most of the snowfall around the morning commute time. new jersey and delaware snow could be heavy at times. we will be seeing this sticking to the roadways right around the morning commute hours. philadelphia area along the i-95 section, about 20 miles on either side temperatures still in the mid-20s. light snowfall expected around 8:00 a.m. this will be sticking as well. through the lehigh valley your temperatures should be around 20 degrees. we could see light snow showers in this area too. coming up i'll show you a closer look at the timing through the rest of the morning and how much snow you can expect. >>> all your school closings and delays starting at 4:00 a.m. once we have your cell number or e-mail address, nbc 10 will contact you 9 moment your school closes. >>> firefighters now have a mass

what should we expect?> most people are now saying that the rba is expected to cut by about one quarter of 1%. this is based on interest rate swaps. if this doesn't happen tomorrow, then in march. 88% of traders expect them to cut in march. this would and 17 months of no movement by the central bank. 23 consecutive years we have seen australia in growth, but still, policymakers thinking of cutting possibly tomorrow, possibly in march, and this is because of global concerns about disinflation and further deflation. yields are now falling. three year bond yields falling six basis points this morning to touch a record 1.885%. >> recent six out of 27 economists said they would cut rates? they would be joining at least one of 12 central banks cutting sense the start of the new year. >> thank you. we will check back with you later. 2015, turning out to be a tough year for australian prime minister tony abbott. last week, he was ridiculed for giving the country's top honor to the queens husband prince philip. over

tell us what to expect. >> you can expect the snow to start to move in as we go in tonight. most falling through the overnight hours. here's the white house in washington, d.c. where we see snow falling. it's sticking and its on its way here. it will get heavier over the next few hours and we'll receive the snow overnight. we have this alert through tuesday. tomorrow we'll be seeing a snowstorm moving in throughout tonight. not everyone will see a high amount of snow. we'll be on the noernl edge so it depends on where you live. the heaviest snow will be south of the area. more locally, our heaviest snow will be south of philadelphia. now, this will be impacting the morning commute especially depending on how early you leave. i'll show you that in a second. a live look at the radar. we're seeing snow to the south and west starting to approach delaware. it's mainly falling in the washington area, approaching us and then you see an icy mix farther south and west through tennessee. we'll just be seeing snow out of this. approaching delaware very light snowfall. we really don't e

we expect snow here starting maybe as early as 2:00 in the morning and as it advances, we expect the snow to come down most heavily in the metro area between 5:00 and 8:00 tomorrow morning and temperatures in the middle 20's. with the ground cold, everything will stick plus will coincide with the thursday morning rush hour. by the time it tapers off and ends, we expect a one to three inch total in general across the metro area. lesser amounts to the north but more progressively the farther south and east you go. southern maryland and southern calvert county, get bay area six inches or more and some sweet spots when you get farther south towards hampton roads area, williamsburg area in virginia. we'll have more of what to expect and what kind of weather pattern we'll follow in tomorrow's snow when we join you in a few minutes, maureen. >> thank you so much. the "good morning washington" team will be on the roads early to give you information you need for your commute. our coverage begins in the morning at 4:00. now to the developing story on the legalization of marijuana in the distri

expect a a closure and try to plan accordingly. watch out for construction in new jersey on the northbound side of the black horse pike at route 130, left lane will be blocked until 6:00 a.m. no delays for mass transit, ukee. >>> as katie mentioned the shore could see the the most snow as this storm system push's credits our area. on the eye on the storm coverage continues with "eyewitness news" reporter justin finch on his way down the shore in the cbs-3 mobil weather lab hey justin good morning. >> reporter: ukee, yes right now on the 42 freeway approaching washington township. our eventual approach will be to atlantic city. i want to show you the road to see how it is looking. perhaps you can see brine marks on the road here. work has been done here in southern new jersey that is expecting the storm today, up to and between one and 4 inches of snow forecast for this area here. this is the time to get on you if you can, to get out early and beat that snowfall. traffic has been great this morning as vittoria has said. no cars on t

we do expect profits to be toward the lower end of market expectations in part because of our acquisition that we completed a few weeks ago. in part because some of the cost savings that come with improving our customers experience are coming slightly slower than expected. you can see that they are coming because of our turn coming down. it is the lowest ever turn we have reported. lower than before the board began. thanks what are those things that are coming lower than expected, help us understand more about what you could not foresee earlier on or at the end of last year that you can now. >> two things. we decided to move some of the people working on the program to the migrations of the customers that we have acquired so that is a good thing as we have made most -- both of those acquisitions in the last six months and these systems and process changes take time. you can see that they are working because fewer people are leading us. it has taken longer to remove the costs so there is some double running costs. >> let's talk about consolidation in the industry. it is happening all aroun

president obama expected to speak there.s thursday, february the 5th, and this is "today in the bay." a very good thursday morning. thank you for joining us. i'm sam brock. >> and i'm laura garcia-cannon. live look at the weather radar this morning, a storm headed towards the bay area, looking at the north bay this morning, let's check the microclimate weather forecast with meteorologist christina loren. people have to take caution but we're slightly excited as well. we need it. >> we certainly do, we certainly do. if you're somebody who wants to collect it, stick that bucket outside right now, as promised, those showers starting up in sonoma county, as we speak. this just happened over the past five minutes. we're starting to see our first green in sonoma county. as we head throughout the morning together the wind is going to be rather fierce and we'll see this entire front spread to the south as we head throughout the next couple hours, also watching this batch of green that developed here that will likely hit marin county

that's stronger than expect. . wall street had been expecting $453 million.of 97%. now earnings per share is coming in stronger than expected as well. i just want to make sure we have the exact right numbers here. but adjusted earnings per share of 12 cents double what wall street expected of 6 cents. up 2 cents per share if the year ago period. beating on the top and bottom line, with those user numbers are coming in lower than expected which is certainly a big disappointment. it looks like the guidance is light as well. ford looking guidance issues today of 440 to $450 million in q 1 total revenue. so the company did come in stronger than expected there. now we're going to dig in here to the user numbers and try to figure out if there's any strength in those user numbers or the fact that the company just added 4 million active users over the past three months was a disappointment. >> thank you again for hitting that right away. we'll come back to twitter shares which are down 6% in just a minute. in the meantime go proearnings are out. let's get to josh lip

what are we expecting on the ground? anywhere from 4 inches to as high as 8 inches in the southern tier of the region. philadelphia will be across ther to the changeover line, the northern suburbs because you're away from the center of the action, 2 to 4 inches of snow. you can see how we are backed up between 4 and 6 and 7-inch range in philadelphia. on all our models that starts tonight into noon tomorrow. the exclusive accuweather seven-day forecast today's official high, 21 degrees, bitter cold in play all the way for president's day. bundle up and try not to be outside for too terribly long. overnight tonight we have the snow arriving, looks like it will be accumulating and and a good portion of it on the ground for the morning commute. 30 degrees is the high with the snow tapering off around midday. wednesday, mainly cloudy 32 is the high, and there's a chance of additional snow coming in the afternoon. thursday, brisk and cold, high of 24. sunshine on friday, 22, saturday, we're back up to 34 and possibility of sn

>> no. >> even though scattered showers and winds are expected today, sfo doesn't expect it to effect flights. it now moved their focus on to that storm on the east coast. it is already blamed for canceling more than 20 flights today. more cancellations are possible throughout the morning. >>> the mystery two the discovery of body parts in a suitcase in san francisco is getting deeper. ktvu fox 2 janine de la vega is there. and what it means for the case. janine. >> the timing of this suspects death is strange. there is no official word on how he died. and now with the suspect gone, it will make things more difficult. we have learned the suspect checked himself into a local hospital on saturday and died that night. his death comes just over a week after he was arrested. the district attorney did not prosecute andres saying there was no enough evidence. they spoke briefly but not about the case. >> he seemed he was in jail for a couple of days. and he took off. >> reporter: police continue to work on gathering evidence to push the investigation forward. legal analysts say even though t

we let you know when it should arrive and how much we should expect. >> yeah. extreme changes headed this way for the bay area. for today we have lingering clouds and lingering haze. get ready for a more active weather pattern. the moisture plume stretching towards the hawaiian islands. we have strong storms developing within this flow. we will have rain showers develop up in the north bay tomorrow. it is a chance gradually spreading to the south. that will be for friday. a second one, that's in the sunday forecast. the first storm, the main impact for friday, heavy rainfall already flood watches posted for the north bay. winds will be gusty as well. parts of the north bay could have parts approaching 10 inches. we'll break it down and have more on the second system that will impact part of your weekend forecast. >> thank you. >>> and demolition is underway as crews begin tearing down the former home of the san francisco giants to make way for housing, a hotel and shopping center. brian flores just got one of the last looks inside and joins us live. what does i

apple's recent earnings expectations. nxp semiconductors avagoe technologies gained on the heels of apple's latest report. another bright spot? amazon. after tumbling reported a fourth quarter profit sending shares 20% higher since the start of the year. >> we're very bullish on amazon. we continue to like facebook. i think both of the companies are positioned very well. google is another name we like over the long-term. there are challenges in the core business slowing down. >> reporter: analysts also like cyber security stocks as the federal government beef up. aspiri which reported earnings this afternoon but as 2015 unfolds, the broader sector continues to be a focus since tech drove the majority of gains for the s&p 500 each of the last two years. for "nightly business report," i'm morgan brennan. >>> stocks finished mostly flat today as the markets awaited word on the developing situation with greece. the dow recovered from being down triple digits to finish off six points to close the 17,862. the nasdaq the bright

so it is >>erica: expected to continue on as of friday night the forces of not expected to tear off as a early saturday morning. it is not 20 as intensely and i want to see the impossible the second system expected to arrive on sunday that was just as early monday morning is one to bring widespread rain to the bay. but dry weather month is will this is so anti hole finally great news for the skiers and borders and is a chance to be a fire if you use interstate 80 to more details on that coming of in a moment right now focusing on the road to sit the a 10 into a few minor fender benders but not monitoring any of them as potential hot spots >>james: with all that iran is expected for the next couple days prepare for the doors to the assistance sorry >>reporter: of the rain is expected sonoma county has a flash flood warnings in effect is expected to start friday at 6 in the morning and lasted for hours she is a frontal as rain storm that hit the bay area residents and many others experience flooding near home >>: we headed a canoe for ourselves because we were more in the middle of the h

expecting -- and we have been watching the video feed and expecting the president, the 4 of them.e have the russian president leading and speaking before anyone else reading prepared remarks. we have a cease-fire and schooling off. there are a lot of questions that remain unanswered i am sure we will get answers over the next 5-10 minutes from the other leaders. it looks according to the russian president, and have achieved some things here but not what everyone was anticipating. the comments from the ukrainian president earlier today starting toward people these talks may not deliver the success that some people were hoping they would. >> ryan, thank you so much. ryan chilcote on the cease-fire. there will be a cease-fire on february 15, this sunday. >> we will take a break and analyze the new news. it is a fast-paced morning. we have plenty more to come. inflation. that is a little bit later and waiting for statements. their press conference potentially calming up. we will take a break and see you in a moment. ♪ >> welcome back. we have breaking news a big deal. vladimir putin a

that was below expectations. average forecast was 531 million euros excluding exceptional items bnp generated a profit of 7 billion euros. they have a strong operating profit. this is what the cfo told me. >> you had a good operating performance. it's bottom line at 7 billion euros but the bank took remedial actions. and basically all of this is reflected in the top line. the top line has grown all across the businesses. if you look exceptional elements it's up 3.2%. costs are well under control on the back of our simple and efficient program. risk is down by 2.5% so all of that for me makes good operational performance. on top of that our balance sheet is rock solid if i can say. the aqr when by very well and on top of that we have a core equity of 10.3% which includes a dividend of 1.5 euro which includes several several acquisitions. so all in all good operating performance. >> in terms of different businesses the investment bankment was the most dialic unit. while the retailing banking was weaker than expecte

guestt what our next expects. after those robust gentner -- expects after those robust job numbers in the u.s. ♪ ministergreek prime outlined his plans for recovery in a speech that puts him on a collision course with the country's creditors. appeals for a bridge loan rather than a bailout extension. the former fed chairman alan greenspan says the greek exit from the euro is simply a matter of time, because no one will risk lending any more money. north korea has fired short-range missiles off its eastern coast a day after state television showed pictures of with a new anti-ship rocket. the lodges, head of the south korean military exercises which pyongyang says are a precursor to invasion. haveaineers and chile found the wreckage of a plane that crashed 54 years ago. down april 3, 1961. all 21 people on board were killed. climbers have refused to reveal exactly where the crash site is, saying they don't want it to become a tourist attraction. the big a look at events this week. tuesday brings the results of the e

kron4 news. >> pam: the storm is expected to bring high winds. which could snap branches and kick up other debris. >> pam: falling or swaying tree branches can threaten overhead power lines. so this crew is taking pre=- emptive action. >> pam: in downtown san anselmo. businesses are getting ready for the heavy rain. the sandbags are already strategically positioned to hold back any flood waters, should the nearby creek rise. this is an area that is prone to flooding. >> pam: and the rain is expected get heavier as you head farther north. >> pam: that's where we sent kron 4's terisa estacio today. to guernville. where folks are still dealing with the last deluge. that created so many problems. >> reporter: working to repair damage caused from the last a big storm is under way. look at this, this is what it looked that last december with several feet of water flooded the business. predicting heavy rain and possible flooding, the owner is not taking any chances. placing the games on a flatbed trailer. the owner, who did not want to go on camera and

here's what we expect. we expect to get the contours and formal presentation from the greek finance minister to the european group. they want to increase t-bill limit. they want another 1.9 billion from ecb interest. there has not been much a softening of redder it -- rhetoric. greece is not going to go back to austerity measures. german finance minister says if greece does not stay in the current bailout program, it is "over." >> we won't negotiate a new program tomorrow. we have completed a program tediously. i remember precisely that was the end of 2012 in this program minister -- this program to be checked by three commissions, the european commission the ecb, and the imf, which we no longer called troika. one can respect this. >> if you are looking for optimism, take it that they are not calling it the troika. that may be a gift to the greece side. they could see an extension of the a lot but greece calls it a loan. despite all the turmoil, you sell the athens exchange of 8% yesterday. they open at abo

weaker than expected. disappointment comes in terms of out look. first of all, they have not been able to capitalize and benefit on the lower price of oil because of its aging policy. it's still paying the oil at twice the market price. >> mainly you know we have a strong policy of hedging. carry about 70% of opposition. so we had a little help given the hedging and the very complex relationship between brent and fuel price. it has an adverse effect on the heading. >> they also warn that currency swings will probably offset most of the gain from ois pricesl prices this year. that explains partly the disappointment for investors. the stock is down almost 5% on the french market. >> stefen thank you very much. >> and let's get out to other news. don't adjust your television set. this is not a major power outage. casinos on the strip turned their lights off early this morning to honor the former luv basketball coach that died later last week. las vegas has only gone dark seven times before. following jfk's as

the stock is down. -- tem expectations. pers -- tempers expectations. ♪ this is welcome to quest welcome back to welcome to "on the move." a very different story. across the region, down after the chinese made that trade contracted in more than two years. is that good for investors? less ask -- let us ask jean. the official pmi contraction casino revenue in macau plunging it doesn't look too good. what is going on in china? >> china is slowing. something that is going on for a while. we do not expect a massive stimulus program because the government was clear they do not want to halt the rebound process. but, what we are expecting is more accommodating monetary policy. it fell and inflation is running at 1.6% and there is a leeway. >> is it a week pmi, more monetary stimulus, do they add up? you touched that the deflation is what we need to look at? >> it is the main threat which will remain relatively [indiscernible] we do not expect the global gdp growth to would celebrate this year. we think we might have a little bit of

police say he is expected to survive. police do not believe that these shootings are related, however, the the investigation is continuing this morning. four people shot the at three different locations, three now dead. reporting live jan carabao for cbs-3 "eyewitness news". >> thanks, jan. >>> trial continues for eric torres, charged with shooting philadelphia police officer edward davies in the feltonville store in august 2013. police say they were trying to subdue an arm suspect, officer davies lost a kidney in the shooting. torres's attorney says it was an accident. >>> a bucks county business owner had has lost his building in a raging two a alarm fire. flames broke out around 7:00 last night at spencer's landscaping company in humeville. fire fighters battled the blaze for about four hours. the building is new destroyed but forpet nately, no one was injured. >> it is just buildings, so i'm happy, about that but i can't be really happy because i have owned this for almost 30 years now and i have never had an incident

what do we expect him to do today? do we expect more words, more speeches or more action from the king, becky? >> reporter: well that remains to be seen. what i can tell you from government sources that we have there in amman is that he is expected to make a short statement. again, just for our viewers' sake he is scheduled to arrive now at the airport, having flown back from washington cutting short that trip expected as i say, to make a short statement either at the airport or more likely one assumes, from the palace in the kingdom and then we are expecting him to travel as i said to the south of the country where the pilot's family will be in mourning. this is a lad who got married back in july july the 31st, i believe, and the mourning that the tribe there will be holding will be at exactly the same position or place, we're told as his wedding ceremony just six months ago. so we are expecting the king to go to pay his condolences first and foremost to the family and then to the tribe which it cannot be underestimat

they do expect to keep schools open at this point. spoke and he warned us two things he said there's potential for dangerous roads, so be careful on your commute, specifically tonight as people are leaving super bowl parties, but he also said they don't have a very specific weather forecast until you wake up tomorrow morning so be checking for school cancellations, be checking about our morning commute, because there is that potential for ice and people need to use common sense when the roads get that --- >> we heard the mayor of new york talking about well, we're going to have snow in a 24-hour period. okay that 's terrible act kuk lags between three and seven inches and monday night they could have below-freezing temperatures? >> last week's snow you only had to go 20 30 miles to new york's long island to get into the snow. they're going to get a couple of inches in new york city but by morning rush, they're going to get an icy mix, and that's a going to because problems to say the least. the afternoon is going to get hit with a bat

i don't expect a big impact in 2015.are further strong movements of course. >> one of the sectors you supply is the car sector. you supply mapping software to calf manufacturers. have you wrote spoken favorably about where that sector is going ago in 2015 for you. is it going to be the year where your auto revenues really take off? >> we have made good progress in the awed motive sector. highly -- automotive sector. we're in the heart of all of that. we booked a lot of orders in 2014. it is very encouraging for us. we expect that to continue and it will lead to significant growth in 2016. it is an important market. we're well positioned and it has grown rapidly. >> can i ask you about the share price of tomtom? looking back at the share price charts? your shares were around 53 euros. what kind of expectations do you, harold, for how big this business can grow again? what kind of trig kearse put a fire underneath that share price once more? >> we have had our fair share of difficulties and changes in the market. we have d

they're expected to wrap up the deal soon.he executives are banking on rail technology to accelerate their expansion plans. they've already clinched a deal to build train cars for a high-speed rail network in britain. >>> executives at japanese chemical maker asahi kasei are to expand their storage battery business. they say they'll buy a u.s. firm that makes a key component for these types of batteries. asahi kasei executives say they plan to acquire all the shares of polycore international through asahi ka sechlt i's u.s. subsidiary. the cost is expected to be about $2.2 billion. polypour makes separators for batteries. the u.s. firm's products have been widely used in auto batteries including for electric and hybrid cars. asahi kasei holds the biggest share of the global market for separators but its products are mainly for personal computers and smartphones. asahi kasei executives say they hope the buyout will help expand their operations overseas. polypour's operations worldwide include the u.s. europe and thailand. asahi

>> you know, the difficult thing is, you know, expectations. and this company generally has, you know, pretty lofty expectations, especially when they've had the recent track record of beating numbers as considerably as they have. i guess the thing that was somewhat disappointing, revenue a little bit light. same store sales were a little bit light. there's a whispered number on the street expecting same store sales approaching the 20% range. they came in at about 16.1%. but that in and of itself wasn't most of the story. i guess in my view, a number of things that benefited the earnings -- you know, the earnings number beat the street. they beat our expectation. that's the good news. the bad news is how they got there. you know, certainly gna benefited that. it was lower than what both we and the street were modelling. it added about 3.5 cents per share. the store level margin wasn't quite as good as what i think generally was expected and the tax rate was considerably lower, benefiting from likely the renewable target tax credit. that add alm

this part jury selection process expected to take a couple of days and the judge expects opening statements to come on wednesday. that's the latest live here in stevensville. back to you. >> jay, thank you. >>> there are questions surrounding an inmate's death at the fairfax county detention center. 37-year-old natasha mckenna was taken off life support yesterday. last week during a scheduled transfer dwepid that you deputies had to use a tase arer andr and somet experienced a medical emergency. an investigation is under way. in a statement the sheriff's office says it is fully cooperating and we anticipate a prompt and comprehensive investigation and will continue to update our website as new information becomes available. >>> it is now 6:18. and d.c. authorities are ves inve how a woman died in the district central cell block. the corrections department saysjuana johnson was found dead of an apparent suicide. johnson was arrested saturday on a missde charge. >>> we are getting multiple reports out of france that hood gunmen opened fire on police in the city of marseilles. this is the seco

we would expect oil prices to continue in the second half.think it is necessary for opec to take action intra-june. -- in june. >> one of the most interesting things about the removal of the euro cap was speculation about who would be next. a lot of that speculation is on gcc companies and saudi arabia do you think saudi arabia could possibly loosen that peg to the dollar? is it sustainable? >> the move by the swiss national bank, happening at a time when we saw a massive drop in oil prices and a massive u.s. dollar has given to some change in gcc currencies. i think saudi arabia sits in an incredibly comfort will. we have been a cumulative foreign currency reserves for years and they are now in a position. they're exiting saudi arabia the central bank can pay for that and still have $250 billion left. that means saudi arabia can do whatever it wishes with its currency. they will not be forced into action. it is the occasion of them in willing to make a change or not. their results on keeping the paid has been strong historically -- peg has b

i expect to see m&a in the space. >> and a presue ofview of what we can expect when elon musk gives usults. are you a buyer? >> no we're not. at best we are a holder of the stock. i think expectations are a little too high when you look at it compared to the rest of the market. let's face it, a couple months ago elon musk told us the company is overvalued. i think 2015 will be a year of struggles. looking forward, margins are coming down revenues have been coming down on a year-over-year basis. the sweet spot for this company in terms of growth i think has passed and they're starting to find out how tough it is to compete. >> even elon musk himself said last year he thought his stock's valuations were getting a little sky high a little too much but just curious, how would you size up the competition from some other luxury carmakers that want to compete with tesla's electronic vehicle? electric vehicle rather. are they posing real threats? is it just the sheer number of competitors that are getting in the space or how would you assess that in terms of looking at the year to come? >> i'm