. >> g.e. stock was up -- >> i didn't like that g.e. stock was up, then i saw the reaction of comcast, all right, they're up, too. >> you, me, fantastic. we're very happy, brian. >> have to say that -- are you pained to say that i should say? >> i don't know. i'm paid, though. don't know if i'm paid to say that, but i am paid. right. have i done enough on that now? >> yes. >>> societe generale swung to a loss on the back of eurozone weakness and one of charges. coming in below expectations, the bank racked up a quarterly net loss of 476 million euros. on top of that, france's number-two listed bank had goodwill writedowns of $292 million mostly on new edge. they have pledged to cut costs with a new ceo heading a revamped structure. what does the man at the top make of the numbers? whilst retail banking took a hit in terms of cbi, societe generale's ceo is confident about the outlook. >> cib is if you wish for me in 2012 a great achievement. we've restructured. we've refocused, as i've said we've finished deleveraging. i'm confident that

g.e. announced late yesterday it would sell the rest of its nbc universal stake to comcast for nearly $17 billion. g.e. gained almost 4% to close at $23.39, comcast stock rose 3% to $40.13 a share, earlier in the session it hit $42, its highest level since 1999. a trio of tech names helped to underpin the nasdaq today, although volume remained on the light side. amazon added 4% to close at almost $270. the online giant unveiled an expanded content agreement with cbs. the deal adds shows like "everyone loves raymond" and "united states of tara" to amazon's instant video lineup. netflix gained almost 5% as j.p. morgan upped its price target to $205 from $180. the investment bank said it looks like the company's first original series "house of cards" is off to a strong start. shares of groupon rose more than 5%, after a sterne agee analyst raised his rating to a "buy" from neutral. he set a $9 price target for the much bruised stock, citing conviction the company can evolve its current busine

acquisition of g.e.'s remaining stake in universal. it will end 21 years of partnership. >>> comcast will also purchase our iconic mro iic properties h0 rockefeller center. >>> the tech sector bellweather delivers after the bell. >>> and tim cook fired back about his companies $137 billion stockpile of cash. he called it a silly side show. but did say a program to return funds to share holders would be considered. >>> meanwhile, an online tv streaming service. >> on the fiscal front the u.s. treasury reported a rare surplus in january of $2.9 billion thanks to that social security tax cut that expired last month. >>> meanwhile, transunion says the national rate hike on payments has fallen. >>> a happy valentine's day is not compliblg indicated. 79% of women said a romantic dinner and movie is their preferred valentine's day date. but a special treat to help your lady wouldn't hurt. edible shoe designs from the chocolatier go from $30 to $50 a pair. >>> meet the world's basketball free-throw shooter in action. >>> plus, what started thi

acquisition of g.e.'s remaining stake in universal. the $18.1 billion, it will end 27 of either full or partial ownership of nbc. >>> comcast will also purchase our iconic properties here at 30 rockefeller center. >>> the tech sector bellweather dlufrs fourth quarter earnings after the bell, cisco. >>> and tim cook fired back about his companies $137 billion stockpile of cash. he called a recent lawsuit a silly side show. but did say a program to return funds to share holders would be considered. >> meanwhile intel has confirmed plans to launch an online streaming tv service this year. >> the u.s. treasury reported a rare surplus in january of $2.9 billion. thanks to that social security tax cut that expired last month. >>> meanwhile, transunion says the national rate on late payments on home loans has fallen to the lowest level in four years. 79% of women said a romantic dinner and movie is their preferred valentine's day date. happy valentine's day not is that complicated. but a sweet treat wouldn't hurt. edible shoe designs from a d

it is possible that the big g.e. sign on the top of that building could be replaced with a comcast logo. the deal completes a sale process that was supposed to take several more years. now, for its part, comcast says the move reflects optimism about the future prospects of nbc universal. well, here at the big board, more green than red thanks to that powerful rally on wall street today. investors were encouraged by upbeat earnings from a variety of different companies. also, many investors are hopeful president obama's state of the union address will spell out ways to help the economy. several big financial stocks led the market higher, but there were also big moves in retail and telecom services. shares of barclays surged on its plans to eliminate several thousand jobs as part of a three-year turnaround effort. the u.k. bank also hopes to rebuild its reputation after admitting to trying to trying to rig interbank lending rates. investors like the plan to cut costs and better position the bank for a tougher regulator

spirit in our military parise with china's neighbors that somehow have emboldened a number came by g.e. is getting really what you're getting in the way ahead of me you know what it's all related you're getting way ahead of me that's why i like you have you on the program i'd like to go back to washington because our guest in washington was disagreeing. explain this has nothing to this has nothing to do with the united states the united states has made loud and clear that it really wants to take a neutral position regarding think islands the u.s. pivot the rebalancing towards the asia pacific as one issue and say could die you dispute as another what the united states has declared is that whilst they are a neutral party in these in these tense disputes if japan feels obliged to take some kind of military action or react in some way the u.s. japan alliance kicks in and then the united states which would. align itself with japan ok minus let me go get a that ok but the u.s. is involved in ok very much involved in let's go to philadelphia what do you think here we got to the pivot real ea

same people that they have relationships both professionally and commercially their companies like g.e. are relying on defense contracts they're july they're relying on their advertisers so amongst the journalists there's a lot of times has it tends to criticize some of these programs that the government is spending on keep us divided and conquered from fighting against the establishment thank you so much ramon lindo your time you bet. i do you know what kind of meter you have in your home you know this isn't just my nerdy curiosity this is actually something that you should be considering. over recent years there's been a huge push by energy companies working in conjunction with the government to install smart meters what's a smart meter well it's an electric meter that energy corporations allege will streamline how power consumption is monitored in your home check it out. and this is my power i used to watch my bill only once monthly came in and it got so high i thought i was power in the street out front and i got a smart meter they have a lot of little graphs that tell you on an ho

i worked in this for a very long time but to have funding from g.e.ally an game changer. poor people to use bio mass, wood charcoal gung dung in a sustainable way. reliance will only increase in africa with 800 million people relying on bio mass. it's not going to go away. many thought they'll climb the energy ladder, they'll get electric stoves. that's not happening. many people are going down from electricity to wood and charcoal. we need to put money and resources behind that. you mentioned in layer i can't, you know, the research dollars are not there. there has been $10 million to $15 million put together by the global alliance but this needs hundreds of millions of dollars. there are many people exposed to the toxic smoke on a daily basis. we need western government to support in research. it's a win-win for everyone. with that production line we can manufacture that in the u.s. create jobs and we have labs in washington state and we building them in countries and supports them. >> michael: it's good and i wasn't to a ranger game and i wanted to

you don't hear about the facebook or g.e. not paying taxes in 2010.friend of obama? >> dana: is it from a p.r. perspective. when you see the example of the oil companies and the private corporate jets, but we uses oil companies as the target. i am for ending it all. >> greg: are you depressed? you could have talked to me before the show started. >> eric: somebody get ablow on the phone quick. >> dana: now i've lost it. >> eric: tending the loophole. >> dana: i'm for loophole, clean slate. >> greg: the loopholes are a family next door. she wants to kill them now. i see a weird philosophical difference. this is the energy facebook is like anti-energy. all they do is talk to people out there. like you're not doing anything. they don't bring the country forward the way that oil does. i am a hypocrite because i tweet 118 last night. >> eric: weigh in on this full screen. look at low donations. donations to president obama for 5 to 1 versus romney. twitter was 71 to 1. but i'm guessing they don't include the loopholes with the social media. >> andrea: he ta

ken abbott has worked for shell and g.e., and in 2008 he was hired by bp to manage thousands of engineeringrm. >> they serve as blueprints and also as a operator manual, if you will, on how to make this thing work, and more importantly, how to shut it down in an emergency. >> but abbott says that he found that 89% of those critical drawings had not been inspected and approved by bp engineers. even worse, he says 95% of the underwater welding plans had never been approved either. are these welding procedures supposed to be approved in the paperwork before the welds are done? >> absolutely. yeah. they're critical. >> critical? >> critical. >> abbott's charges are backed up by bp internal emails. in 2008, bp manager barry duff wrote that the lack of approved drawings could result in... duff called the practice fundamentally wrong. >> i've never seen this kind of attitude where, you know, safety doesn't seem to matter, and when you complain of a problem like barry did and like i did and try to fix it, you're just criticized and pushed aside. >> ken abbott was laid off. he took his concerns to a

meanwhile, comcast taking full control of nbcuniversal buying the rest of g.e.'s stake in the joint venture. the deal comes two years sooner than planned. in addition, comcast will will spend $1.4 billion on real estate for the users at 30 rock and cnbc's headquarters here in new jersey. ceo brian roberts says the timing was right to make the deal. after integration between the cable operator and nbc is complete. >> shartia brantley. thank you. >>> any news anchor can tell you that it isn't easy speaking into the camera for an extended period of time. >> florida senator marco rubio can also attest to that. watch this part of his response to the state of the union address last night. >> in the short time that i've been here in washington, nothing has frustrated me more than false choices than the one the president laid out tonight. the choices between big government or -- what we need -- rubio needed a drink of water and he needed it pretty badly apparently. he sort o of lunged for the bottle of water, took a quick sip and kept on speaking. that five-second sip ge

but executives from g.e. do business with china. house intelligence leaders -- house intelligence committee leaders claim the u.s. lost more than $300 billion due to trade secret cyber theft naming china in particular and calling the degree of theft unprecedented. former congressman jesse jackson jr. is in court today facing charges that he siphoned off campaign funds for personal use. his wife has a separate hearing later this afternoon facing charges she filed false tax returns for the past six years. both are expected to plead guilty but sentencing won't take place for another few weeks. he faces up to five years in prison. her maximum is three. jackson and his wife reportedly took $750,000 of campaign money and bought everything from a rolex watch to children's furniture. we're back after the break. i can't stand these spots. those spots are actually leftover food and detergent residue that can redeposit on your dishware during the rinse cycle. gross. jet-dry rinse agent helps wash them away so the only t

. >> internal g.e. nbc memo saying he would be a difficult face for nbc at time of war. forget what a total collapse of journalism that we saw. >> ashleigh banfield was banished for awhile, too. >> that's right. >> stephanie: that's what this hagel is about. it is because he was right about iraq. that's what most republicans were mad about. anyone who was right it sticks in their craw. >> so they're going to take it out and keep hammering away but again, this is not a lapdog press. in fact, one of the instances they keep pointing to, they won't cover benghazi. they've covered up benghazi. you do a quick search, "new york times," "washington post" since last september 800 columns and articles that have mentioned benghazi. if that's a cover-up, it is the worst cover-up ever. >> stephanie: you mentioned my favorite story, the downing street memo. we were screaming our heads off about this. i don't know if people remember. it was minutes from an actual meeting with tony blair that basically they were saying the u.s. has already decided to invade and you know, the u.s. is jus

. >> for one year under g.e., everybody got 1,000 bucks to spend as they wanted to.he choices changed and decision making, especially if you could hold it- >> most companies have seen a big impact and seeing a big shift towards high deductible plans also. >> can we talk about immigration? >> sure. >> is that an issue? >> we brought it up earlier. a number agree this is an important dynamic in growth and economy. >> i want to know when it's happening. >> it's happening now and just not legal. >> this shows you how the political process works. when it's clear there are votes on the line and the number of votes are on the line the sides come together and make stuff happen. if we can get the same thing going with deficit and health care and other stuff. >> immigration hasn't happened yet. >> it's clear now. >> it could happen in 2013. >> it should happen in 2013. >> whether or not a quote path to citizenship unquote can pass the house or not and these related issues of do you first secure the border before you move toward a path to citizenship or can you do it assignme a

maybe we should focus on facebook who paid no money in taxes last year or g.e. who did exactly the same thing. >> gretchen: it works last time. shaming the republicans worked. they decided to raise taxes and in the public image and public opinion it worked last time to blame reopens. why wouldn't you try it again? a lot of people say like a campaign speech instead of getting back down to being the president of the united states and going over to capitol hill and trying to find a compromise. that is what a lot of americans would like to see is everybody working together instead of this and this and this. >> steve: i don't think a lot of people were paying attention because president armageddon as he was referred to today, he tried to scare everybody. this is an old ploy, these budget cuts are going to impact the whole government. that is not true. all those people behind him who he suggested might lose their jobs, keep in mind with the budget cuts it would be the administration that would select what is cut. so if those people would lose their jobs, it would be t