dominic chu. well if you live in the midwest or the northeast and were wise enough to stay home today, maybe you had a nice scene like that or better yet smart enough to move to some place warmer like naples or fort meyers, here's a taste of the morning commute. not a lot of fun for millions in the northeast today. these photographs are from the boston area. they got hit, more than a foot of snow, maybe two in some areas. snow, ice, and wind and temperatures as low as they have been ins years. 2700 flights have been canceled in the u.s. today. what's it look like this weekend, folks? let's check in with the weather channel's maria la rosa. >> for the most part this winter storm as far as the snowfall is really beginning to wrap up and it's dumped a lot over the last two days. starting to get the snow totals in. anywhere from close to two feet in parts of massachusetts to as much as half a foot in the new york metro area. anything that continues to drift will be because of the gusty winds. already

dominic chu looking at the best stocks to watch. rennan taking us inside the drug pipeline to look at which may be the next big best for investors. dominic? >> let's talk about this. health care stocks are helping to pace the gains higher in the market again this year. they are one of the few sectors that are performing well. the sector is up around call it 2%, 2.5% to start the year in an otherwise mostly down market. but which health care stocks are the big movers? among the best performers so far this year, pharmaceutical drug company forest labs up 15% helped along by its purchase of privately held avtallis. then there's a hospital operator, tenet health care up 11%. medical device maker boston scientific up 9%. so within health care, a drug company, a hospital company and a services company and medical device company that are all in the tops here, in contrast to last year when all the gains were driven by a lot of the big biotechnology names. in 2013, four of the top six biggest gainers in the s&p health care index were biogen,

. >>> let's go to dominic chu for a market flash. >> check out shares of anheuser busch. the stock is at session lows after reuters reported the company is in advance talks to buy south korea's oriental brewery. the report said the companies are aiming to finalize a deal before the end of this month so bud certainly taking it on the chin today. >> thank you very much. >>> the video game industry showing new signs of bouncing back and breaking out. december not a bad month at all. we have some big winners. julia? >> reporter: for the fifth consecutive month, total physical video game shares grew thanks to new consoles. sony's new ps-4 and microsoft's xbox 1 drove console sales up over 50% in december with xbox 1 leading annual hardware sales. despite nintendo projecting an annual loss on weaker than expected holiday sales, the nintendo hand-held device was the top-selling game device of december. but all that money going into new consoles meant people didn't spend quite as much on games. game software sales fell 17% last month. still, activision walked away the big winner.

dominic chu reports why many market pros are watching small, fast growing companies more closely than those suddenly stumbling big company shares. >> reporter: the skies are getting a bit darker for some investors. it's not a full blown storm yet but many traders are keeping a close eye on small cap stocks. they had a rocky start to 2014 and there is a big reason why investors care. they are considered to be leading indicators for the overall market and economy. >> small cap companies are the largest employer in the u.s. they are reflective of what would be going on in the u.s. employment market which is critical. >> often times, optimism leads investors to bet on smaller companies. they are the ones with room to grow and get hit the hardest in tough economic times. since hitting a 5 2-week high, small cap stocks as measured have under performed a broader market. and add in under performance on the first day of trading in 2014, and you get why there is worry brewing. the trend for stocks is very positive since the deaths of the financial crisis in 2009. so some traders think any pull

for "nightly business report," i'm dominic chu. >> got to get the tickets. >> yeah. got to get the tickets. >> that's "nightly business report" for tonight. i'm susie gharib. thanks for joining us. >> and i'm tyler mathisen. thanks from me as well. have a great evening, everybody. we'll hope to see you back here tomorrow night. >> "nightly business report" has been brought to you in part by -- >> the street.com. found by jim cramer, the street.com is an independent source for stock market analysis. cramer's action alerts plus service is home to his multimillion dollar portfolio. you can learn more at the street.com/nbr. >> hello, welcome to "this is us." i'm becca king reid on top of mount hamilton at the observatory. we're going to take you inside and give you a look at a telescope built here in the 19th everyone isry. of course, a von is hers are still up here studying the heavens and we'll show you the newer telescopes as well and you will meet the founder of word press, who turned down a fortune to save an idea and dr. jill tarter, founder of seti, the search for

for "nightly business report," i'm dominic chu. >> got to get the tickets. >> yeah. got to get the tickets. >> that's "nightly business report" for tonight. i'm susie gharib. thanks for joining us. >> and i'm tyler mathisen. thanks from me as well. have a great evening, everybody. we'll hope to see you back here tomorrow night. >> "nightly business report" has been brought to you in part by -- >> the street.com. found by jim cramer, the street.com is an independent source for stock market analysis. cramer's action alerts plus service is home to his multimillion dollar portfolio. you can learn more at the street.com/nbr. >>> tonight on "quest" -- for most people, corals evoke images of vast tropical reefs. but gardens of spectacular corals also thrive in the deepest parts of the ocean. now, scientists are rushing to learn more about these mysterious creatures before they disappear. and find out how bay area engineers are using laser technology to make virtual recreations of the world's greatest monuments. >>> support for "quest" is provided by -- the s. d. bechtel, jr

dominic chu takes a look at howed sequester cuts have impacted the entire defense sector. >> reporter: washington budget woes were viewed as an overhang on the overall defense industry. but optimism among investors those issues would ultimately be resolved helped propel some of the biggest companies in the business to big gains in the stock market. earlier this month, analysts at goldman sachs said that they think there could be more up side returns because of the recent budget deal and improving margins. there was a similar tone among the experts at oppenheimer who like the larger cap defense companies because of quote budding confidence that the bottom of this budget cycle is finally coming into view. take lockheed martin, the world's biggest defense contractor and maker of the next generation f 35 joint strike fighter. profits fell from the same time last year, but cfo bruce tanner said that he hoped this year would represent a drop or low point in u.s. defense spending. general dynamics also reported better profits in sales than analysts had anticipated. the maker of tanks and nuc

joining me, dominic chu and the doctor, john najarian.ore card, 16% of the s&p 500 has reported insofar. 61% beat their eps targets, 13% have met, 26% of reports have come in below forecast. let's start off with johnson controls, the company surging more than 65% year on year. so doc, what are you watching for? this is out tomorrow morning. >> a whole bunch of things. comments, for instance, on warren buffett's involvement with the chinese car company because that could be a driver, believe it or not, as they try to turn that into a global car company. johnson controls could benefit from it. also, the lithium ion batteries, everybody has their eye on that. it's always rumored that -- >> eye on ion. >> elon musk is having trouble procuring them. i'm not saying he is. that's the rumor. these guys are one of the biggest players in the space and unlike many, they are not a chinese battery producer. so that's viewed as a positive, i think. i think a lot of folks that want these, want them from the likes of johnson controls instead of some of t

dominic chu is with me and art carbon with shin as well.day note and basically said markets are in correlation mode once again. they have not been doing that recently. is this all about china or is there more to it in your book? >> it's about 75% about china, and that's the heaviest thing. the chinese manufacturing index came in lighter than expected. it was below 50. that, contraction. having trouble in the banking system, shrugged it off, lunar new year coming up. one-third of the population flies around. drawing money out. that's what's causing the tightness. >> do you believe 2345? >> no. because if you read the equivalent of the chinese beige book, one of the sentences translates into at least, better at latin, but if my understanding of the chinese translation is correct, it said the credit transmission system may be breaking down. so that makes you think they have a bigger banking problem. that spread into the currently markets, where things are topsy-turvy. >> exactly. >> the euro is sailing. >> yen. >> japanese yen, bob noted sever

dominic chu, what is driving the market action?let's start with american express which hit an all time high. then there's morgan stanley rising to the highest level since 2009. now, on the flip side, there's intel falling after the chipmaker posted weaker than expected fourth quarter earnings. they gave a tepid forecast for first quarter in terms of sales and reuters is reporting it will reduce the workforce by 5% in 2014 through layoffs, attrition, and other methods. u.p.s. down as well after they said it expected its fourth quarter and full year profits to be below previous expectations. this as it struggled with the surge of last-minute online orders and a shortened holiday shopping season. fed ex is falling in sympathy with u.p.s. apple is falling lower. we're going to end here on general electric. ge, which is losing ground after its profit margin missed goals set by the ceo jeff immelt. the company reporting fourth quarter earnings that matched wall street estimates. back over to you guys. yoop >> there it is down 3%. so why

dominic chu, what are the big movers?e biggest move of them all is intercept pharmaceuticals again. wher not a broken record here. after nearly quadrupling on thursday on news that its treatment for liver disease was so successful it stopped a midstage trial it jumped another 65% in trading today. so in one week it's gained nearly $375 a share. it has yet to post a profit. it's ceo dr. ma's shares are wo nearly $200 million. steve cohen's sac capital did even better. it had nearly 1 million shares of intercept as of november. it stood to make nearly $375 million. there's cgi moving lower. it said its contract with the government over the federal health care website is going to end next month and a tough day for sears which reported quarter to date same-store sales fell by 7.4%. it also projected a fourth quarter loss wider than wall street was expecting and it was a year ago that eddie lampert, the hedge fund manager, named himself as ceo of the company. the stock is down 10% during his tenure as the chief executive. >> d

. >>> let's go to dominic chu for a market flash. >> check out intercept pharmaceuticals. as of yesterday, 300% gain, the stock is up another 70% today. this on news yesterday of a successful midstage trial for its liver disease treatment. now, at the beginning of the week, the stock was around $70 a share. right now, you can see it, up about 467. here's a tidbit. steve cohen's sec capital own about a million shares last year so if you take a look at the move here, that's hundreds of millions of dollars in gains if that position is still held by sac capital. back to you. >> thank you. another big story right now that we're following, the white house is shaking up obamacare. eamon javers is on the beat. >> reporter: that's right. this reporting coming from the "wall street journal." as of right now, the "washington post" reporting the obama administration getting ready to jettison the company contracted to do the work on healthcare.gov that has been such a political disaster for this administration. the "washington post" reporting now that a $90 million contract is in the w

over to dominic chu for a market flash. >> talk about shares we're watching here, a jury is ruling that a heart valve implant made by medtronics infringed on a patent. edwards lifesciences awarded damages. any request for an injunction is opposed. shares are trading marginally to the upside. >> thanks very much. meanwhile, the nasdaq hitting 13 year hies. sheila dharmarajan at the nasdaq. hey, sheila. okay. looks like we just lost you, sheila dharmarajan. meantime, we will send it back over to chicago. tyler? >> welcome back to chicago and the morningstar mutual fund manager of the year award. the person who leads morningstar's mutual fund global research is scott burns. he will be my partner this hour and help me introduce and interview some of the candidates here. you know mutual funds as well as anybody. this is obviously a different kind of awards because it's not merely their performance in 2013 that will stand out. how do you pick these managers you think are managers of the year? >> thank you, welcome back to chicago here. morningstar has been handing out the fund manager of the

dominic chu with the latest. let's get back to the three central questions that are facing everybody who is playing this market. whether the correction has started. most importantly, if stocks are down 1 1/2%, whether you should be buying the dips as people were on any occasion in 2013. >> fundamentals are in place. nothing's changed. trading down the first trading days in january. guess what, we booked significant gains last year. i believe that we will see market not as strong as last year but if you go through a course of history and paul can bear this out, that you've had multiple back to back years. it's more of the norm than the exception. we've got -- we had a weak employment number. we had two weeks of hiring december. period. that's it. so the strong term, the idiots who are looking for numbers similar to what we had in october and november, good, i'm glad they got tattooed. fundamentals are in tact. buy the market. buy dips. be cautious on valuations with certain stocks and it will be like last year. >>

dominic chu takes a look. >> reporter: 'tis the season for new years resolutions. so, can the idea of new year's resolutions turn into new year's investing ideas? over the past few years a few themes stod out. first physical fitness, eat better, exercise more. on the diet front, there is weight watchers international. during the last three januarys, shares of the company posted healthy gains but they seem to fizzle out by the end of each full year along with those diets. it's a different story for the gym rats. talent sports international that owns new york, boston and washington sports clubs, among others, post healthy gains in january and gain more steam as the year progressed. second, getting your finances and investments in order. take a look at shares of morgan stanley. it posted strange gains over the last three januarys but that's about it. shares were relatively flat for the rest of the year. different story for personal finance software company that posted more modest gains for the month but got stronger to finish out each year and third, for education sto

thank you so much for that, dominic chu. go back out to brian at the jpmorgan health care conference in san francisco. brian? >> you know, mandy, i have to listen to you moan and groan all the time about missing josh lipton. every day, where is josh lipton. aren't you jealous? i have josh right here. >> i'm jealous. hi, joshie. >> hey, mandy, how you doing? >> she says hi, joshie. >> i miss that accent. >> hello, joshie. we're out here, a lot of ceos. you're here because venture capital money sniffing around health care, they think, what, big health care data is the next big thing? >> interesting, you talk to silicon valley and they tell you they think a revolution is coming to health care. they tell you health care delivery can be disrupted. they think technology can basically make it more effective, more cost efficient and it's hot here. they pumped $2 billion into health care startups last year, up 40% over 2012. what's interesting is the different fields startups are interested in. >> like what? >> a couple examples. one

what the nas 100 is saying about the year ahead. >>> plus dominic chu on retail detail. dom?ll, if you bet on the american consumer last year, it returned a healthy profit for you. but this time around, the holiday season, we saw a slowdown into this year, it's carrying through. we will take you to all the big losers in retail so far in 2014. >> see who steve cohen went to the knicks game with last night. back in two minutes. i have low testosterone. there, i said it. see, i knew testosterone could affect sex drive, but not energy or even my mood. that's when i talked with my doctor. he gave me some blood tests... showed it was low t. that's it. it was a number. [ male announcer ] today, men with low t have androgel 1.62% testosterone gel. the #1 prescribed topical testosterone replacement therapy increases testosterone when used daily. women and children should avoid contact with application s. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in a

dominic chu is live on super bowl boulevard in the heart of new york city. dom?, scott, if you talk about the prices that are going on right now for the super bowl we've already seen ticket prices start to come down. $2700 some of the ticket prices that you get according to tikiq. some are $2400. suites are down $624,000 apiece. the cheapest ones are $180,000. there's a whole subculture around parties, corporate events. that sort of thing. and that's one of the main reasons why dow don't have to go to the super bowl itself to get that same feel for it. we spoke to robert tuchman who is at go viva who specialize in corporate and special events about what it's like to have these events in new york city. take a listen to what he told us. >> on average, one of those types of events obviously depending upon who the speaker is and who the talent is will run between 30 and $50,000. so when you look at that number and, you know, you look at it and what it's going to cost you to actually spend people to a game as, you know, compared to just having your own event like this

for "nightly business report," i'm dominic chu. >>> another positive for the markets in 2014, the world is getting back to normal. so says patricia edward, she's managing director of investments at u.s. bank wealth management. patty, we have not heard the word "normal" in a long time. it's been anything about that. tell us what you mean by this. >> well, i think if you look at what's been happening the past five years, there's been a heck of a lot of intervention on the parts of governments. we've had overhang from things like the health care initiative, and so it really hasn't been a market that's been based necessarily on the fundamentals of the underlying companies. it's been more of a market that's been based on the global macro outlook. and that we think is going to be changed as we go into 2014. >> all right. how should investors look at this new normal world that you're talking about? what should they be doing differently, what should they be doing the same? >> we're looking at the market for next year, and we're thinking it's going to be a little like a b student in an overachie

let's send it over to dominic chu for a quick earnings flash.have time for bed, bath and beyond. they posted a weaker than expected third quarter earnings number and sales number. they also cut their full year fiscal 2014 guidance as well as their fourth quarter guidance so, again, a miss on earnings a miss on sales, a cut to their full year, and a cut to their current quarter forecast. that's what has shares down about 8% bed, bath and beyond shares down 8% in the market. >> that's two big announcements from two big box retailers in less than half an hour. >>> the term genetically modifies may be greek to you but not to the whole foods grocery lines. while cho ba ni is being pulled from shelf. the ceo speaks to me about this and other controversial complaints about the shrinking size, for example, of their flagship product, the yogurts, but charging the same price. you want to hear what he has to say about all these issues. keep it right here. ♪ ♪ [ cellphones beeping ] ♪ ♪ [ cellphone rings ] hello? [ male announcer ] over 12,000 financial adv

let's send it over to dominic chu. >> a lot of movement in the retail sector. outfitters to a buy rating from a previous hold saying they've done well in a competitive environment but cut abercrombie finch and aeropostale. >> first the smart watch and now smart socks? soon your socks will be just as smart as your phone. wearable technology. how does it all work? we'll show you. we'll be right back. >>> welcome back to "squawk on the street," the first rendition of "santelli exchange" for 2014. of course i'm very happy to be here. hopefully everybody from tv and radio land will learn a lot from cnbc this year. this morning i had an interesting discussion with steve liesman, rising rates, historic highs, what does it mean for 2014? it's a question of sustainable, durability and rating in terms of what interest rates may do. it was last quarter of 2011 with the top rating of 4.9. the first quarter of 2012 wasn't bad at 3.7. second quarter was 1.2, third quarter was 2.8 and we finished off the year at 0.1. yup, 0.1. here's the point i'm making. that's gdp in the qu

the raw and ugly cnbc's own dominic chu. good evening. >> good evening, larry. lots of red on wall street today. like you said, the wall street closed down 318 points. good enough for a 2% decline. same measures of decline on the s&p 500 and nasdaq composite. among the hardest-hit sectors were the cyclical stock, the stocks that have the most sensitivities to the ups and downs of the bigger picture economy. material stocks, industrial stocks, financial stocks all fell and they fell by over 3.5% for the week and that helped send one measure of stock market volatility soaring. that's the vix and rose by 44% this week. that's the biggest spike in volatility weekly since june of 2010. and investors are also keeping a close eye on two other important parts of the market here. the russell 2000 index has fallen 6%. the dow transportation index has fallen 4% from its record highs and, remember, a 10% downside move is considered to be a correction. so maybe almost halfway there. of course, you've got those emerging market stocks, like you said, larry, at the heart of the

the raw and ugly cnbc's own dominic chu. good evening. >> good evening,

. >>> let's get a news alert with dominic chu. general motors moving the afternoon session. >> general motors declaring that quarterly dividend of 30 cents a share. gives an annual yield of 3%. this is payable to all shareholders on march 18th. the first dividend from the automaker since it came out of bankruptcy. the stock did spike up in the after hours. the 3% yield puts it in line with ford's 3% yield. valuations aside, they will carry 3% yields. >> thanks so much. >>> now that the playing field is leveled, which would you choose? >> i have chosen. gm. i think we're going to see more from the perform. and there's a really high margin sales for them. i'm sticking with gm. >> i would probably actually sell out of gm here. a couple of weeks ago, we talked about when the government was coming out of it, they were selling for the wrong reasons you want to buy it. here, i would take my profit. this is what everybody anticipated. i'd rather put the money in the bank. >> the downstream? >> downstream works. i think karen's been right,

dominic chu, what's going on today? >> bill, how about this?h alcoa nearly 2 1/2 year highs. the stock upgraded by jpmorgan. increases the price target to 15 bucks a share. those shares on the mop dow. dow chemical is moving higher on the news a hedge fund has take an large state. delta air lines, better than expected fourth quarter profits boosted by lower fuel costs. on the flip side there's fire eye. after jpmorgan down grades the cyber security firm to a neutral rating to an overweight. the stock had surged after the beginning of the year when they said they would buy mandient. starbucks removed from goldman's conviction buy list. some weakness in a mixed market. >> thanks very much. we are less than two weeks away from the first cold weather super bowl. this ought to be fun. it will be played just a few miles from here at metlife stadium. the wlpeather we see today is probably making the nfl a little nervous. they are saying we could be in the 50s at that time in two weeks but not today. >> they have 12 layers of backup plans but the big g

want to send it to dominic chu here for a market flash. >> sprint and t-mobile audz.sals from banks for financing a possible bid for t-mobile. this is according to sources at dow jones. roughly paying about $31 billion for t-mobile overall. but the talks are complex. sprint is trying to weigh whether to bid regulatory concerns an issue. the t-mobile u.s. and sprint shares are on the move in the after-hours. >> dom, thank you very much. keep following that story. cnbc is turning 25 this year. and we'll be honoring that milestone, featuring a monthly report on how the world may look 25 years from now. we are speaking to a futurist who says democracy and capitalism may be dwindling globally. >> i spoke with a marketing guru. does intensive research about global trends. the rise of the arab spring has led to a lot of speculation that we're beginning to see a wave of democracy breaking out in that part of the world. it hasn't happened. and he says it's not going to happen. >> i'm an american by choice. but i have bad news for americans. american democracy in 25 years will

dominic chu, any stocks helping find direction here today? >> there are some big names and big stories out there, bill. we're going to begin with intercept pharmaceuticals up about 270% today. that's not a mistake here. this after it said one of its liver disease drugs showed positive results in a mid stage trial. the company has a $5 billion market cap. also, airlines moving higher as oil prices continue to fall. in addition, united continental said passenger revenue per available seat increased in december. it also expects fourth quarter traffic to increase by nearly 3%. ford gaining ground after increasing its quarter cannily dividend by 25%. on the downside, there's family dollar, the discount retailer, reporting a weaker than expected quarterly profit and pretty much gave a lukewarm outlook for its current quarter. we're going to ends with another big name we talk about all the time. it's twitter. continues its fall. began coverage of the stock with an underperformed rating and a $32 price target. this over concerns about spending requir

dominic chu is keeping an eye on the big movers. >> best move of the year to the upside.fter goldman added the stock to its conviction buy list citing some valuations, so those jabil circuit shares on the upside. a big day for control4. it surged as investors look for the next nest labs which, of course, was acquired by google for $3.2 billion. the stock began the day with a market cap of $400 million and higher today. a tough day for industrial 3d printer stratasys. we're going to finish off, we have to, with intercept pharmaceuticals dropping another 30% after gaining 500% off positive data. back over to you. >> we've been asking what yankee shortstop derek jeter and outgoing lululemon ceo have in common. the answer is food. christine day will become the ceo of luvo. it is backed by derek jeter and jennifer garner. a cnbc exclusive christine day joins us from the icr conference in orlando along with courtney reagan. >> good afternoon. i am joined by christine day. going to start a new venture. why pick this company? you could have gone to probably any number of companie

. >> let's check in with dominic chu at headquarters, watching another retailer with an after-hours move. >> talk about what guy and josh are talking about in charts. the retailers coming with 5 below. shares are getting whacked. they're down 15% just in the after-hours. the company reports that same-store sales in the quarter and january 4th, fell by a percent. q4 sales will be between $208 million earnings of 46 cents. both fall below estimates. the ceo said the company did not meet sales expectations for the holiday season. he blamed the shorter shopping season and bad weather in the northeast and the midwest. already in negative territory. this adds to it. >> we have the data point from family dollar also. both of these discount retailers. >> retail has been lumpy all year. you have to be an expert. it's almost like the biotech sector. if you don't get it right, you'll get killed. you mentioned family dollar, what a reversal today. i'm sure guy adami was all over it. that's something i would buy for a trade and a trade only. >> is there a belief that you should trade up to where the

joining me, dominic chu and cnbc contributor stephanie link. 56% of the s&p 500 companies have reported 69% beat eps targets, 11% have met estimates, 20% of reports have come in below forecast. got to start off here with one that's after the bell. the company scheduled to report its third quarter earnings, what are you watching for? >> i always like to listen to what they have to say because of their end market exposure. it's auto, aerospace, industrial communication. you get a good read on a lot of different broad parts of the market. really looking forward to that. also, i want to see if they continue to gain market share against altera, their biggest competitor. i think they will because of the shift to the 28 nanometer technology trends that are happening. of course, what's the timeline of china lte buildout? we have been hearing about this for a couple quarters now. i think 2014 is the inflection point. just a matter of when. >> in terms of the end markets, where do you go? the lte trade, for instance, what stock will you look at to move in the after session? >> first and foremost,

to the domino, dominic chu, what have you got? of green to follow up on yesterday's gains. the dow up 120 points in your session highs. s&p up 10 points with the s&p this gets back all the losses that we have so far year to date in 2014. decent move for the s&p. nasdaq composite here, 3/4 of a percent. look at the sectors overall, majority of are to the upside. the notable downside one, though, energy and utilities both marginally lower. interesting stories. look at what's happening with one of the best performers in the s&p 500. this after the company says it's going to meet average analyst estimates for earnings and it expects to return more money to shareholders than previously thought. another one here to the downside, one of the biggest losers in the s&p 500. this after the construction in industrial parts retailers says that, again, with earnings that come out just slightly below some analyst estimates some declining sales trends and profit margin trends hurt that particular company. and we'll end on netflix. the best perfor

. >>> to dominic chu for a market flash. >> so check out shares of netflix, morgan stanley downgraded this stock, under weight from equal weight rating due to increasing competition from hulu. this stock is up nearly 250% over the course of the past year so yes, some profit taking and a go downgrade but a star performer for the s&p last year. >> dom, thank you very much. >>> angry goodyear workers in france take their bosses hostage, burning tires as you just saw on the side. we'll tell you what they wanted, next. >>> and diana olick in a very chilly atlanta at a foreclosure auction. >> reporter: they are buying tens of millions of dollars of foreclosed properties they can only see from the outside. is it a great gamble or dangerous risk? we will show you what they see inside, coming up next on "power lunch." [ male announcer ] this is the story of the dusty basement at 1406 35th street the old dining table at 25th and hoffman. ...and the little room above the strip mall off roble avenue. ♪ this magic moment it is the story of where every great idea begins. and of those who believed t

and for the brightest of them all, we send in dominic chu on a mission to find the sectors which areucking the downward trend year-to-date. what did you find? >> optimism at least should reign supreme. obviously there's ups and downs but let's take a look. if you take a look at the big winners so far, the january, the year to date, they are pretty decent. the two sectors that are the outperforming ones so far, the only ones positive, are the utilities and you take a look at those shares. they are up but marginally. the health care stocks, those ones are doing pretty well as well. those two sectors, the only two in the s&p 500 so far that are really positive so far this year. as for the stocks that are leading the s&p higher, interesting names. start at the top five. number five, or number one here, harmon international, up big. number two, another huge one, beam, another big one that has been moving to the upside as well. obviously on a takeover. then you have alexian pharmaceuticals. those pharmas still red hot and a couple telecom equipment communications type companies. juniper ne

. >>> to dominic chu for a market flash. >> check out what's happening with bringo which just resumed trading after being halted on news that a judge ruled in its favor that google's modified version of ad words still infringes on the patents owned by vringo. they have a market cap of $325 million but trading sharply higher on this news. back over to you. >> wow. 20% gain. all right. thanks, dom. a little later on "power lunch," the men behind super bowl xlviii including the owners of the jets and the giants. >>> plus 200 of the most influential names in business. life with crohn's disease or ulcerative colitis is a daily game of "what if's". what if my abdominal pain and cramps come back? what if the plane gets delayed? what if i can't hide my symptoms? what if? but what if the most important question is the one you're not asking? what if the underlying cause of your symptoms is damaging inflammation? for help getting the answers you need, talk to your doctor and visit crohnsandcolitisinfo.com to get your complimentary q&a book, with information from experts on your condition. [woman

dominic chu has been digging in on that. >> let's talk about four of the best performing stocks, momentum wise, in 2013 in the s&p 500 and how they're doing now, because we are seeing some slow-mentum. netflix, first of all, the best gainer in 2013 for the s&p 500. morgan stanley downgrades the stock citing competitive pressures because of other sites like hulu and amazon's prime service. remember, this stock was up 298% in 2013 and now check out the chart because over the past month or so, we have seen this stock start to roll over just a little bit, down about 4% over the course of just the last month. also, another story interesting here as well. best buy, the electronics retailer, everybody bought into the ceo's turn-around story in 2013. this stock was up 237% but now this holiday shopping season, if it's just a bit weaker or margins get hurt, that could slow down this stock. this stock over the past month or so, down about 7.5%. also another big one to watch here as well, micron, one of the big memory chip makers out there. this stock was up 243% over the course of last year and now

let's do a quick market flash now with dominic chu.bout jetblue shares down at session lows about 4%. they have issued a statement with regard to their travel delays, jetblue saying that beginning at 1:00 p.m. eastern time today the company will reduce operations at jfk, la gpz guardia, newark liberty and boston logan to assure recovery of jetblue operations as efficiently as possible and be fully operable by tomorrow. this will progress towards a 100% reduction in service. all service reduced by 5:00 p.m. today and last through 10:00 a.m. eastern tomorrow, tuesday. at that time jetblue will gradually ramp up again and intends to be 100% operational by 3:00 p.m. eastern tomorrow. this plan does allow for 17 hours of rest for equipment and crew members in time to service jetblue aircraft. but again, just the latest statement from jetblue with all those travel delays, scott, back to you. >> dom, thanks so much. bizarre weather. it's almost 60 degrees, mid-50s in new york and going to be in the teens tomorrow. get ready for that. still ah

. >>> over to dominic chu for a quick market flash. >> shares of apple rallying off lows reclaiming positive territory, just by a hair. the stock is getting some help on the heels of a "wall street journal report" saying apple is working on a new phone, iphone, having a bigger screen as well as a metal casing unlike the plastic one on the iphone 5c. screen sizes for the new phones right now could be 4.5 top 5 inches. remember, samsung galaxy has a five-inch screen. watch nine to five app working on a tv box to debut the first of the year. a much speculated television set. back to you. >> dom, phone xreernlgs peopscr everything's getting bigger -- except tv screens. >>> and comes out of davos. the band u 2 and bank of america announcing donating $10 million to fight aids. u2 releases a new song "invisible "during the super bowl. available foe free. each match wade dollar to the global found fight aids. in an exclusive tv interview, bono, paul hughes, or husen, a top 200 contender spoke exclusively with our own becky quick. >> 700 babies are born every day with this hiv virus. and many have to

let's get to dominic chu. a lot of red on the screen behind you. let's just call it a notch and go to 2015. >> yeah. mail it in. >> the year is over. >> just mail it in. say it's all done because there is so much red on the screen right here, i can't even count them all. actually, i can. it you look at the top row of green, there's only around 47, maybe 50 companies oscillating between that number for how many are positive in the s&p 500. tech is one of the sectors in focus today overall because you see health care, the relative best performing sector, all ten of them are down so far. utilities, the worst performing sector, down about 1.3% overall. yes, it's a broad-based selloff to start at least day one. individual companywise, let's go down the funnel here. among the worst performers, cablevision, down about 4% today. a big move to the down side for that. also with the drop in oil prices today comes a drop in oil and gas exploration companies. that's why pioneer natural is down about 3.5%, 4% as well. and among those rare green arrows, check out

. >>> uptown to dominic chu. >> take a look at what's happening with the two solar panel stocks. as the stock is downgraded to a sell rating from a buy saying the company has virtually no exposure to that rapidly growing rooftop solar market. different story for solar city. rising after goldman added it to its conviction buy list saying it's well positioned to capitalize on that solar rooftop market. so in essence, what you have here is goldman sachs coming out with a pairs trade. they are saying sell off one solar company, first solar, take the proceeds, reinvest them into solar city. it's one way to play what's happening in solar. you can see the stocks, one reacting very much in kind and solar city up on this news. back to you. >>> to gold right now which is closing. sharon epperson is tracking the action. >> gold prices are closing basically flat on the session at 1238 an ounce but we have seen quite a lot of action in gold. earlier this morning we saw what some traders are calling a flash crash as it dipped some $30 in a matter of seconds. it triggered what the cme group cau

let's send it over to dominic chu for a market flash.ny near and dear to our hearts. >> we're checking out comcast, the parent company of nbc universal which owns cnbc. the company announcing it will jointly develop the $1.2 billion comcast innovation and technology center in philadelphia. it's going to become a dedicated home for the company's growing work force of engineers, technologists and software architects. the building will be designed by sir norman foster and will become the tallest building outside of new york and chicago. back over to you guys. >> i may be wrong. i think the current tallest building outside new york and chicago is in charlotte. is it the bank of america tower? the comcast building is 975 feet. i will make a quick comment. if we have any viewers in philadelphia, i got to say philadelphia is on the ascension. if you look at the restaurant scene there, hotter than new york. serpico, spectacular stuff there. artists are moving from new york because williamsburg is expensive, to philadelphia. it's on the rise. >>

but we start with dominic chu and some stocks that are getting a real boost from the big tech show out in las vegas. take it away. >> the big companies are always going to get the headlines but here are some of the fun ones. sue alluded to one earlier. that's fleer systems. this company, fleer, you got to think about night vision but thermal imaging, these guys do a lot of that kind of work. what they have announced is a new app for your iphone that can do thermal imaging as well. if you talk about the way the stock has performed, check this out, because this company, it really has done well in this new thermal technology, it could be good for the iphone and good for sales going forward as well. also one you want to watch, also touch screenish for phone and ipads, a new product could revolutionize notebook computers going forward. it's magnetic which lets you have not just a keyboard but also a touch screen function for that as well. that company is doing pretty well in terms of its stock as well. now, the last one i want to talk about here is i-robot, a stock that's been on a tear, yo