the market didn't like 3m's results. earnings were a penny over estimates, but down from a year ago. 3m also raised its 2011 outlook, but lower sales and margins for products like surgical masks and flat screen television parts were disappointing. a couple of big moves off of earnings. tellabs saw a big pop in volume. shares plunged to a new 52-week low. profit margins dropped and its revenue outlook was below street estimates. also seeing a big volume jump was corning. it came as shares jumped to a new 52-week high. earnings came in under estimates, but revenues were better than predicted. and how about eastman kodak. remember that name? shares fell 13%. the u.s. international trade commission ruled against its claims that apple and research in motion use some of its patents. standard and poor's has proposed new ratings guidelines for bond insurers. there are worries they could mean downgrades if firms don't raise new capital or reduce risk. among those getting hit, mbia. shares shed 7%. shares had seen a rally through

. >> 3m fire wrap. what the old standard was that you have the metal dubt and you would have a gap of air about 3 inches and a couple of layers of sheet rock. what's more efficient but not cheap is fire wrap a product from 3m it's like a thick blanket. a lot of times if you have a large duct run you have a shaft you go down because you don't want to see it from the rest of the building you put the fire wrap down and go down the duct. >> the stuff is mechanically fast and clipod it's not taped. it's a listed product. listed product, equipment used for commercial purposes has to be testing like a testing agency like ul. has to be listed by an approved listing agency. ul and inter~ national association of plumbing and mechanical officials has a listing agency, has to be tested to the american national standards and tests and approved and the approval come from the city. when you put in one of these ducts with the wrap system, we and the city will say, is it tested according to a national standard? is it li

day come back tuesday to offset losses from a less than impressive share of ç corporate earnings. 3mped 3% after eeking out earnings that barely beat estimates. a multitude of recent recalls took a chunk out of johnson & johnson's bottom line. verizon missed the streets' forecast, but a health injury rise in providers gave a share its 1% boost. home prices fell in 19 out of the 20 cities tracked by the case-shiller index in november. on the bright side, consumer confidence hit an eight-month high in january. toyota is recalling nearly 1.7 million vehicles worldwide this morning for potentially leaky fuel pipes and fuel pumps. the lexus is and ex models are among those being recalled in the u.s. fundamental failures on the part of the federal reserve are just a few of the findings due to be released tomorrow in a 576-page book from the financial crisis inquiry commission. disturbingly, the panel determined the that the epic meltdown was, quote, avoidable. >>> looking for a job? try google. the web giant plans to add more than 6,000 workers this year. meanwhile, rival yahoo! announced

also a big week for earnings: dow components 3m, american express, a.t.&t., boeing, catepillar and microsoft. on monday, our shoptalk series look at private sale websites and why they're one of the hottest trends in retail. more turbulence for british airways. the airline's cabin crew has voted to go on strike again. so far, no date has been set for the walkout. b.a.'s fight with its unions began last year over proposed cuts in pay and staffing levels. now it centers on a withdrawal of perks for union members who went on strike last year. but the airline's news isn't all bad. today, british airways formally merged with spanish carrier iberia, creating europe's third- largest airline. meantime, u.s. airways inked a deal with expedia. the online travel site will provide u.s. airways fare and flight data for several more years. travelers will also have the option of selecting premium seats for an extra fee. financial terms of the deal were not disclosed. the agreement comes as rival american airlines is embroiled in a battle with online travel sites. expedia

get the reports from microsoft, mcdonald's, american express, johnson & johnson as well as travelers, 3mng, amazon.com and chevron. >>> tuesday's president obama's state of the union address, and the latest for the s&p case-shiller index, of course measuring home prices across the nation. that's on tuesday as well. on wednesday, the federal reserve's open market committee wraps up its first meeting of 2011. and then on friday we get the first reading of fourth quarter gross domestic product, the broadest measure of the health of the u.s. economy that will do it today. thanks for joining us. next week join me for a special program from davos, switzerland. the latest on the global economy. each week keep it rite here

and also, 3m out with profits dropping.ost of those shares are putting pressure on stocks here. >> let's take a closer look at the market numbers, starting off in frankfurt. the dax finished slightly lower. 7559. the euro stoxx 50 fell by 0.7% in finished the session at 2957. on wall street, the dow jones average finishing about 0.5% lower, 11,000 and had 23 points. on currency markets, the you're treading in the belly of $1.3669. ropean comssio predent is meeting with the german chancellor tuesday evening at the government retrieved outside berlin. they will discuss it does -- response to the eurozone debt crisis. the meeting is that of an eu summit in brussels next week amid calls from economic and monetary affairs commissioner for the eurozone's bailout fund to be enlarged. germany had opposed an increase in the fund is now indicating it would support lower interest rates on bailout loans in return for commitments from recipients to tackle debt and boost competitiveness. >> will be 440 billion your offense save the euro,

. >> tom: here's what we're watching for tomorrow: we'll have quarterly results for 3m, boeing, j&j and verizon. the federal reserve's interest rate setting committee begins a two-day meeting. we'll also see november's s&p case shiller home price index. and our "word on the street" is "commodities." thestreet.com's energy expert, dan dicker, has tips on how to invest in commodities and commodity e.t.f.s. >> susie: neither rain, nor sleet nor gloom of night keep the postal service from its appointed rounds. but lack of money might. it is closing thousands of post offices in a bid to save cash. the shutdowns will begin in march, if congress approves, in places easiest for local communities to lose. the u.s. postal service is awash in red ink, down a record $8.5 billion in fiscal 2010. >> tom: and the winner is... toyota! new sales figures show it is still the world's biggest car maker. but just barely. g.m. is a very close second. toyota sold just under 8.5 million vehicles around the globe last year, and that's despite recalling more than 8.5 million vehicles for production problems. it'

and also, 3m out with profits dropping.ost of those shares are putting pressure on stocks here. >> let's take a closer look at the market numbers, starting off in frankfurt. the dax finished slightly lower. 7559. the euro stoxx 50 fell by 0.7% in finished the session at 2957. on wall street, the dow jones average finishing about 0.5% lower, 11,000 and had 23 points. on currency markets, the you're treading in the belly of $1.3669. european commission president is meeting with the german chancellor tuesday evening at the government retrieved outside berlin. they will discuss it does -- response to the eurozone debt crisis. the meeting is that of an eu summit in brussels next week amid calls from economic and monetary affairs commissioner for the eurozone's bailout fund to be enlarged. germany had opposed an increase in the fund is now indicating it would support lower interest rates on bailout loans in return for commitments from recipients to tackle debt and boost competitiveness. >> will be 440 billion your offense save th

we have great bipartisan support because we all realize this can help us by selling more to the 3m market, create jobs here. if this is a great -- to dr. rhea market, create jobs here. if this is a great opportunity. manufactured goods represent almost 85 -- 87% of what we sell to korea. their tariffs will come down dramatically. most will be done away with. whether you are a big manufacturing state, or small, which think this will have great value to businesses in your community. secondly, korea is one of our strongest agricultural markets. we are pleased our exports reached their highest level in history. in agriculture, we went because we are the most prolific agriculture society and the world, and we cannot consume all we produce. agriculture is more dependent on trade than any other industry in america because we have to have markets for them. agriculture will be the big when. finally, we address the growing reality that more and more americans working in the service sector. his 80% of americans now working in the -- hit 80% of americans now working in the service sector. let me move

we have great bipartisan support because we all realize this can help us by selling more to the 3m market, create jobs here. if this is a great -- to dr. rhea market, create jobs here. if this is a great opportunity. manufactured goods represent almost 85 -- 87% of what we sell to korea. their tariffs will come down dramatically. most will be done away with. whether you are a big manufacturing state, or small, which think this will have great value to businesses in your community. secondly, korea is one of our strongest agricultural markets. we are pleased our exports reached their highest level in history. in agriculture, we went because we are the most prolific agriculture society and the world, and we cannot consume all we produce. agriculture is more dependent on trade than any other industry in america because we have to have markets for them. agriculture will be the big when. finally, we address the growing reality that more and more americans working in the service sector. his 80% of americans now working in the -- hit 80% of americans now working in the service sector. let me move