in october dell said it would buy emc for about $67 billion. shares were flat on the day at 25.68. >>> well, technology had a pretty decent year. the nasdaq, the only one of the major indices to end higher. but within that group there were some major divergences. and the two biggest tech stocks headed in opposite directions this year were also dow stocks. microsoft and ibm. josh lipton looks at why each went their own way. >> reporter: microsoft ceo satya nadela and his shareholders have plenty of reasons to celebrate as we head into the new year. microsoft is the best-performing traditional tech stock in the dow in 2015. the stock has surged some 20%. when nadella first took the helm at microsoft in february of 2014, there was plenty of doubt about the company. skeptics wrote it off as an old software vendor that had missed every important tech trend, social, mobile, and the cloud. now that's no longer true. nadella has focused a lot of time and resources building out the company's cloud services, which will account for an estimated 17% of rev

an uncertain start ot the new year for many emc employees. the hopkinton-based data storage company has said it would cut jobs this year amid a massive takeover bid from dell. it' s unclear how many employees would be cut. emc is attempting to shed up to $850 million in annual operating the job cuts would take place in the first three months of this year. jc: commitment 2016, two of the top candidates for president are soon visiting massachusetts. on saturday, democrat bernie sanders is planning two rallys, one at umass-amherst and at north high school in worcester. on monday, republican donald trump will headline a rally at the tsongas center at the u mass-lowell. a less than ideal start to the new year for two fantasy sports websites. the new york attorney general wants fanduel and boston based draftkings to turn over profits made in the empire state to the gamblers who lost the money. that number is around 200 million dollars. the a.g. filed a lawsuit that would also require the sites to pay a hefty fine to the state. it' s the latest move

shares of emc down slightly for the day to 25.59. >>> a pair of analysts giving lululemon an upgrade citing strong company fundamentals as well as improving profit margins that will ultimately meet the company's goals. shares of the athleticware company rose nearly 6 1/2% in a down day to 55.86. valeant pharmaceuticals on the down side today after activist investor bill ackman cut his firm's stake in the company to 8 1/2%. in a filing the firm reasoned it to selling the share generate a tax loss for investors in the company. shares of valeant fell 3% to 98.50. and investors got the first chance to react to a weak report on gambling revenue in macau that was out on friday which showed a decline of 34%, making 2015 the second year in a row that revenue declined. and that hurt shares of wynn resorts, las vegas sands, and mgm resorts. >>> american express was one of the worst-performing stocks in the dow last year, and it got off to a shaky start today in 2016. shares of amex fell almost 3% after fidelity ended its relationship with the firm. mary thompson has more now on the latest piec

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vmware has been struggling to find leadership after the acquisition of its parents company, emc.cquireounced it would vmware's emc. they will be combined and remain a publicly traded company. return, a turnaround plan, is it actually working? we will discuss. >> shares of at&t dropping. despite double-digit revenue growth, seems to be losing steam. only 500 26,000 monthly subscribers added this quarter. shares word down. finishheading to the line. spiking more than 20% after third-quarter earnings. pledging to fund its debt. whether job cuts and other cost saving measures will be enough to turn the company around. i am joined by jonathan chaplin and our managing technology manager. with you.i will start i listened in on the call today. savings indicate sprints turnaround plan is working? good signse some there. sprint is the most exciting name they stock coverage at moment. it is either worth zero, or it is worth $10. what if you look at the assets, there is a treasure trove of spectrum there. it comes down to whether the management team can execute. if you look at the last three

emc is being acquired by dell and it is in the middle of a cost-cutting program. job reductions may be announced on tuesday when they company report quarterly earnings or day before. so-called the seasonal price cuts are sticking around a lot longer than you might think. we will dig into the price war next. for ibm.eek tumbling to its lowest level in more than five years after a disappointing earnings report. ♪ emily: did you know right sharing services are increasingly relying on older drivers to power their fleet? partners with aarp to recruit retirees. one big benefit, insurance stats show they have fewer crashes. bringing in the new year by lowering prices. the company announced it was cutting rates by 10% to 45% in one -- 100 cities across the country. this is the third year in a row fares.scounted are they seasonal and what is that doing to their bottom line? eric, layout your argument. you're saying that the price cuts will last longer and it will affect the bottom line. how so? >> yeah. the price cuts are seasonal in that january is a slow time. they want

emc is attending to shed 850 million dollars in annual operating costs. the job cuts would take place in the first three month of the year. >> u.s. crude oil is sold internationally for the first time in 40 years. the ship left the port of the port of christie. a few weeks ago commerce lifted the 1970' s ban on crude oil' s sales overseas buyers. the switzerland-based company is the purchaser. >> sign-ups or head of more than 27,000 people have enrolled since the member first. the sign-up period ends january 31. >> this dash cam on new hampshire captures the moment that a sheet of ice smashes this windshield. the driver was not hurt. got the dash cam for protection in case of an accident caused by someone else. the accident is a reminder to clean snow and ice off your vehicle. >> to different kind of ice, the winter classic between the bruins and the rival canadiens kicks off today. the stage is set at gillette stadium. last night they hosted the first ever women' s winter classic featuring retired bruins players. the pok drops today at 1:00. >> and the g

emc and boston scientific both slipped. in the same family for generations, this local company is making a unique product here in massachusetts. ed: a factory that turns steel rods into backyard horseshoes. >> and we are getting set for some milder air. how mild and how long it lasts, heather: and a surprise that [mother] yeah but this neighborhood,i feel like it's got a lot of what we were kinda talking about. we should definitely go see it. v[agent] hi. melanie. maggie. living room. p[dad]what about this? this looks good. [brendan] no. [mother] isn't it great? p [agent] hey brendan,you might like this room. p [announcer]redfin pays its agents based on your happiness... ed: for many people, horseshoes are a staple of backyard summer fun. what is fitted on them. you might find that they are made right here in massachusetts. >> henry st. pierre was a dairy farmer and inventor who moved to worcester. back then, tire chain was the name of the game. i world war ii, they needed anchor chains for the fleet could it was a simple b

the most active local stocks, emc was down less than a point. dyax corp. and boston scientific heather: the road to the super bowl. patriots are pretending -- preparing for the championship game for the afc against the broncos. ed: the game has been in denver before, but they are hoping for a different result. >> two years ago and the trouble in denver. this is the fifth straight year they are going to the championship game and it will be 10 overall for tom brady which should give him and add--. -- him an edge. experience counts, but is not everything. listen to tom brady. >> malcolm butler did not have experience in the super bowl last year and he won the game. so, it is really, whoever is called upon needs to make the play at that physical or moment and if you make great plays you watching in two weeks. >> he has experience across the board. football. reporter: it is probably a good thing that experience does not count for everything, the patriots have the experience of losing in six out of eight trips to denver, so we will see. heather: i do not like th

emc was also up. boston scientific slipped a bit. it was a good day for the markets overall. the dow climbed 280. the nasdaq gained 49. the s and p 500 was up 26. some unusual news out of apple tonight. the company says it is bracing for its first drop in sales in 13 years. apple sold a record number of iphones in the last quarter of 2015 and it says sales for the start of 2016 are not on pace to heather: character actor abe vigoda has died. he was best known for playing detective phil fish on the 70' s sitcom barney miller and then got his own spin-off. he also played doomed mafia soldier sal tessio in the godfather. in 1982, people magazine mistakenly referred to him as the late abe vigoda. that became a running joke for the actor as he continued to work into his 80' s. his family says he died of old age. abe vigoda was 94. ed: he was 34 years old when the first stories of his death started popping up. heather: they had to actually verify on several accounts that this is actually true. 94 years old. if you' re in overdrive are going to fast? slamming on the brakes? ed: how

. >> the most active local ones are emc, boston scientific slipped a bit. new at 7:00, we're starting to learn more about how the state helped lure g.e. to move its corporate headquarters. they are saying that tax breaks were not offered but the state has committed to providing up to $120 million for infrastructure once the company does move into boston has said it plans to in property tax relief to g.e. >> government center rising. the view will be going from this hulking parking garage to this sleek tower. developers getting key approval to move ahead with the $1.5 billion development. new at 7:00, pam cross shows us the changes in store. reporter: this bridge over gone. the development project will shrink and disappear as two buildings rise. the first, a tall apartment tower. >> 487 units. so it will be a good-sized rental building in boston. reporter: construction starts this spring. it's high-end, but 13% of the units set aside as affordable rentals. the most striking building and office tower. >> it's almost as if it's a jacket, sort of opening up, to

emc has 9,700 employees in the state. so not all that strong. wind chill going to beun comfortable. 28 in boston right now and with wind gusting 30 miles per hour, wind chills stay at or below freezing most of the day. >> eric: weather we are having incredible footage. ice crashing through driver's windshield and this isn't the only similar incident. still ahead it is not the safety risk. why not clearing your roof could have you in trouble with the law. >> sara: another distractive danger that could land you in startling new statistics after trying brookside crunchy clusters, @carlybeyar tweeted: at this point, i should just be a brookside chocolate ambassador. well, i am sorry, carly... it' s something you earn. brookside. is the economy rigged? well, the 15 richest americans acquired more wealth in two years than the bottom 100 million people combined. i'm bernie sanders, and i approve this message. my plan -- make wall street banks and the ultra-rich pay their fair share of taxes, provide living wages for working people, ensure equal pay for

local stocks, boston scientific, emc, and staples all down less than a point. ed: it' s now the largest lottery jackpot the world has ever seen. wednesday' s powerball climbing to $$1.4 billion. new at 7:00, newscenter 5' s kelley tuthill is live in brookline with what you need to know before you join that office pool. you can see, people do lineup. the next couple of days. the issue is if you hit it big, you do not wait any issues with your winnings. marianne moore is back at brookline news & gifts checking the winnings from the 800 powerball tickets she purchased last week . >> everybody is in the pool. bus drivers, principles. >> i made 2 photocopies of every ticket. i put the copies on the board. with the number of tickets all. the actual tickets and another photocopy going to say. >> experts say if you want to create an office pool write a contract, simple terms of the pool, make sure everyone contributes equally, photocopy the tickets and make a list of those who opted out. don' t rely on verbal agreements, allow anyone to front money for someone else, tr

the most active local stocks, emc up nearly half a point. boston scientific also up a bit. staples ended the day down. regularly scheduled life, i think, unfortunately, because you did not win powerball. heather: neither did we. but there are 5 things you still need to know about that epic $1.6 billon jackpot. the 3 winning tickets were sold in tennessee, florida and california, and that means the winners are extra lucky, unlike most states, those three do not tax lottery winnings. so they' ll only have to share ed: keith bauer of boston has claimed one of the two $1 million prices sold in massachusetts. he bought the quick pick in charlestown, and says he' ll use the winnings to pay off his and his wife' s student loans and help out their parents. heather: another million dollar ticket was sold as at tedeschi' s in east bridgewater. robert dole and his wife are interested in buying a newer house with their winnings and they also plan to travel someplace warm. ed: and we' re all winners in some respects. powerball sales in massachusetts topped $32 million. what does that me

the most active local stocks, emc, boston scientific, and ariad pharmaceuticals all up a fraction. >> mother of teen shot in his own home says it is time to stop violence. 17-year-olds was in his family kitchen last night when a bullet came through the wall. police say gunfire came from passing cars. police believe teenager would have been killed. >> i was in the bedroom with jordan. the six-year-old. that' i dropped him to the bad and the next thing i knows that comes running and holding his back and chest. and dropped to the floor. >> he is in critical condition tonight. but stable on expected to recover. >> armed robbers seen attacking a clerk during a holdup. watching surveillance video, under arrest tonight. this shows suspect using a knife. clerk pulls out own knife invites back. police say this man is the robber in the video and faces several charges including armed assault. >> your dog' s behavior and dna being used to improve medical treatment for people. >> new study underway and how you can take part in that. >> getting snow in eastern massachusetts. how long it sticks arou

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emc has 9,000 employees in the state. >>> a disastrous end do development 15 while people in the midwest send rivers continue doog rise. when people in the danger zone could get released on this his doric flood. chis drug is saving lives, but the reason the first responders think theidate needs a better solution do fight the heroin epidemic. >> and ringing in the thew year around the world. iskanble, >>> does nots not appear to be miracle children for a father who was told his paralysis would prevent him from ever having kids. his best friend since high school. >> i just couldn't believe. id, just one more thing. he worked so hard for jeffery. >> jeffery had a happy childhood and a loving home. as he got the do his dean years jay says he began do excitement with drugs. he says he had no idea jeffery had been using heroin undill his x-wife called him the morning of october 30th and told him do get the good samarden hospital in brockden fast. god rist his soul she couldn't get a hold of me for almost two hours. that's where jay learned jeffery had died. >> what haunts jay the most is the t

emc has 9,000 employees in the state. >>> a disastrous end do development 15 while people in the midwest send rivers continue doog rise. when people in the danger zone could get released on this his doric flood. chis drug is saving lives, but the reason the first responders think theidate needs a better solution do fight the heroin epidemic. >> and ringing in the thew year around the world. iskanble, is so wholesome... and it doesn't take the whole paycheck. nature's promise. eat well for less. my stop & shop. john kasich's an impatient rascal. paces, pushes. but, unlike some, unlike some, john kasich has proven he can do the job. brought back jobs from mexico and china. keep us safe, make us boom. because he's done it before. only an impatient rascal can bring america back. john kasich. new day for america is responsible for the content of this price can't be right... that's the right price! it's that low. what other things on this list can't be right?" looks like a list of can't be right's." seriously? at stop&shop, prices are down. savings are up. no way. savor an egg mcmuffin any tim

emc has 9,700 employees if the state. >> michael: being in a giant snow globe and, of course, fans are going to have a great time leading up to the game. 1:00 is when the puck drops. rivalry, classic outdoor game. it is going to be amazing. bruins goalie getting into it. tom brady on one side and coming out to the game and spectator plaza, they are just living up the experience. >> it is a fun experience to just have fun and being near the stadium and all of that. >> michael: stay with fox25 for all the winter classic coverage in the evening newscast it is going to be a fantastic day. reporting in faux, i'm michael henrich, fox25 news. >> eric: first baby of 2016 there she is, 4 pounds, 8-ounces, does have competition though. another baby born at tufts also was first. happy birthday, congratulations to those parents. >> i got a little bit of breeze out there, winds now up to 13 miles per hour in boston. strengthening a little bit this hour and, of course, creating it is only 30 out there today. so got wind chills and snowflakes to go over next. startling new stack that might announcer:

. >> amid a massive takeover bid, emc says it would cut jobs in the new year. it is unclear how many employees will be cut loose from the company. they are adapting to shed up to $850 million in annual operating cost. the job cuts would take place in the first three months of the year. health insurance sign-ups are head of expectations in massachusetts. the state health connector wrapped up its second month of a three month open enrollment period. with a 27,000 people of enrolled since november 1. the sign-up to rio ends jim murray 31st. >> this dash cam on a new hampshire man' s car captures a moment that a sheet of ice smashes his windshield. the driver was not hurt. protection in case of an accident caused by someone else. the incident was a reminder to clean snow and ice off the car. >> towards the winter classic between the bruins and the rival the canadians kicks off today. the sage -- stage is set. gillette posting the first-ever women' s winter classic. the alumni game featuring retired bruins players. the puck drops today at 1:00. >> the bruins goalie

he filled the woodland increase, and hertz sog was emc the athletic department. >>> he had that room right here right in the palm of his hand. i'm going to tell you about. >> i hope you aren't eating green eggs and ham, one fish, two fish, red fish, and make sure you grab your hat, it's cold, all the places you will go. dr. zeus work, filled -- dr. seuss' work filled children's books. now people are getting an opportunity to see dr. seuss, fred guisele. collection has been shown in a public place. i had no idea he did not dr. seussian work if you will. >> i read a biography of how he got startrted.. look, i know you're a cow and all. and you may not know what i'm talking abou t, but, uh. the yogurt made from

. >> emc is probably not as good. >> dell is not as good. >> did you see hpe?shares down another 3% this morning. down 21% this year. >> it's called -- wow. geez. debt markets continue to ab focus. let's go to rick santelli at the cme group in chicago. >> thanks, david. two day of tens tells us a lot. tells us that we spent some time intraday under 2%. today. and on friday, having settled to december 1st you can see how much we deteriorated but have not settled under 2% since the middle of october. you see that chart starting in october. that was one session. if you wanted to stick with the appropriate nation of a violation of 2% you are going back to tax time of last year. there's fantasy football. there seems to be a form of fantasy trading going on. many think that the european central bank, the bank of canada, our federal reserve can fix this. they primed the pump for years. is the water running without such a big prime? no. so treasury rates may be defrosting a bit, but it's because equity markets are melting into true fundamentals. let's look at bund yiel

you think about how hewlett-packard is doing, how emc is doing. you see the read-throughs, those are incredibly negative. microsoft will be taken down. microsoft is up dramatically from the august low. microsoft is the one to watch. i don't think microsoft will have a bad quarter. i'm trying to put a spin on. there's always opportunities in days like today. i know it's the head of a three-day weekend, the tenor of the market is as negative as we've seen in some time. as we look around for the -- >> i'm looking around because, frankly, it's rare to see a lot of activity on the floor here, but there it is. >> can i talk to you about something that's been bothering me that you know the answer for. >> you know you can talk to me whenever you're bothered. >> any time we see a serious m&a activity that looks great -- remember when we spoke to martin franklin, the darden deal? >> of course. >> it's been a disaster. that's wrong that it's been disastrous. i'm glad that wells said the 15% decline in newell might be a great entry point. i'm watching newell.

i'm a customer of one of those, the south river emc and this affects a lot of our viewers. but, no outages to report there. duke energy, of course, still has thousands. those crews are working feverishly. >> good news is those numbers have gone down. >> they are. they are chipping away. >> it's a process. favorable they continue to go down and for crews to be able to work without having precipitation or high wind blowing or any of that sort of thing. the weather is looking good in that respect. we can see that illustrated in our tall tower cam, looking back to the west northwest from southeastern wake county. you can see the mix 101.5 tower on the left-hand side. this picture taken from almost 2000 feet above ground. you can see blue skies and the fact that the sun is shining nicely on everything this morning. as we take a look at what we've got for temperatures across the region, most of us looking at upper 20s to near 30 degrees across central portions of north carolina. 28 in durham, 28 at the station in raleigh. colder in moncure with 25. popcorn has 26 as does wake for

chart and the stock is down 37% and stock has been moving lower since dell announced its plans to buy emcck response? >> the cfo is leaving and the reason why that hasn't hit the stock after hours as it normally would, they've appointed zain roe as the new cfo and executive vrpt, you recognize his name from apple and united and continental airlines. this along with the fact that license revenue came in at 825 million when it was expected to be at 817. that shows strength and yes, it's down quite a bit since the dell announcement. >> those shares up more than 4%. nasa has big plans to go to mars and going to get there with the most power flg rocket ever and help from a company a leader in the skies. jane wells has more. >> boeing announces earnings tomorrow but today we're looking at the biggest job at least in terms of physical size. thsz animation of the new rocket that boeing is helping to build for nasa, the space launch system sls, most powerful rocket ever which is going to cost billions of dollars but if all goes according to plan it will eventually take humans to mars. >> so 8.5 mi

. >> if you look back to the selloff in september, we got dell, emc, big marquis deals that said corporate confidence still intact. >> you would think the deals being announced now were planned before all this mayhem involving china and the price of oil collapsing and all that. >> sure. >> it's now that we have to wonder if anybody is going to be thinking about a thiel. >> exactly. your stock price has probably been hit just because you are a global company, let's say, that's a problem. the high yield market where many of these deals might get funded are closed for business at the moment. which is why you might end up seeing these opportunistic strategic deals. healthcare is obviously in long-term consolidation, shire, it's a cross border thing, former spinoff. a lot of these pieces are in place that was making this a relatively obvious type transaction, but i think you would want to see a lot more of that from some of the usual suspects. you look at the shares of goldman sachs right now, you look at the investment bank, the market in general is not saying, hey, we have a officer tile deal

and dell buying emc. >> the year that many hedge fund managers would like to forget.t some of the big winners and losers for 2016. i suspect more losers than winners on that list. >> if you look at the sort of top and bottom of the year, hsb puts out this hedge fund report. it's unrecognizable names. china funds. more tailored strategies and some household names. look at just a smattering of early results i got my hands on. average hedge under up 3% for the year based on early calculations. we'll get a better estimate in a week or two. pershing square is down 20%. greenlight capital down 20%. not enough to cause meaningful turnaround from their downturn. third point down about 1%. they lost a little bit of ground in december. and then s&p about a point. big disappointment especially pershing square. that's mostly in the long-short category. we'll get more details on macro and other types of strategies as the days wear on and they calcula calculate. i would say that a lot of funds are not seeing redemptions even with this negative performance because people don't want