, intel today changed its story. and sanford c. bernstein semiconductor analyst stacy rasgon says investors do not like it when that happens so quickly. >> the perception that people had walking out of recent meetings with management-- again, very recently, even within the last couple of weeks- - was different than the outlook they provided today, and so whenever you are providing communication to the street which is at odds with a result you eventually post, that is always a bad thing. people don't like to see that. >> reporter: intel told analysts today the company expects hard drive production from thailand will pick up by the first half of 2012 and with it demand for intel chips should recover too. morningstar analyst brian colello sees the flood as a timing issue, not an indication of lost market share or falling demand. >> once hard drive production ramps back up-- which might take another six to nine months or so, but when that picks back up, p.c. production will pick up, demand for intel's processors will pic

we go everywhere. >> and the critical key to their success, jailhouse intel. investigator drake carpenter talks to 30 to 50 inmates a week. he is sussing out this wannabe informant, hoping he can provide an in to the south side drug trade. he is from bridgeport. he don't really gang bang. he is not really gang banging, you know, just mostly buying dope and stuff but he said maybe if add female with him, you know who i'm thinking about that he would be able to do buys with with them, maybe like an intro. >> they let you into the projects? >> but he is from a local area, the bridgeport area, hot area on narcotics-wise. he buys narcotics in a project area that is real hard to get into. he says he takes people in and out with him and so aid like to pull him out, do an intro with one of our undercover officers, maybe even a female officer, somebody that would match up to his characteristics. and then he could probably walk them in. >> so you break into cars to support your habit is that -- i mean, how do you get your money? >> hustle and ask people. >> how's your b

shares of intel lost 4%. the company lowered its fourth quarter sales forecast saying a global hard drive shortage caused by last month's severe flooding in thailand hurt demand for its micro processors. intel says sales should recover by the middle of next year and demand for pcs remains strong. still, the lower forecast was felt across the tech sector. shares of micro devices fell 4%. shares of fedex lost about 2% despite predicting that monday will be the busiest shipping day in company history. the company expects to move more than 17 million shipments monday, more than double the normal daily volume. it's all anti online shopping which has been very strong for the first half of the christmas shopping season. coming up tuesday on wall street, investors will turn their attention to the federal reserve. that's a wrap of the day on wall street. i'm karina huber in new york. >>> u.s. futures are pointing the a bit of a mixed picture at the open. last time we looked one of these markets was actually down. as y

investigators here gather intel that they then share with the cook county sheriff's police. one of the most important tools that they generate, gang hierarchy charts. >> we're in a better position to accurately produce them than most policemen on the street are. we've got hundreds of gangster disciples in here. a policeman on the street may have one informant that's a gd giving him information, maybe two. [ speaking foreign language ] >> this complex is predominantly hispanic. the only gang in there are the latin kings. however, there's apartment complexes that are a couple of miles away from each other with different gangs. and what they do is they tend to go to each other's complex and fight. these are the members, active members from the latin kings that are known to hang out in that area. we can determine if these players are there, how strong they really are in that area in the event that we might have to conduct an operation in there. we need to know the numbers in there for our safety. and all of this comes from the jail. this is the family here. yeah, they're going i

as we mentioned, intel's warning is the third from the industry in the past week. the exchange-traded fund focused on semiconductor stocks dropped more than 3%. the technical trend for this fund over the past year has been

but sometimes good intel alone isn't enough. one week later the state's attorneys office reject her bid for a plea deal. the state says she's too risky to work with. >> sometimes even though you cooperate and we do everything we can do, it just doesn't work out. we're not the state. we're not the judge. we're not the jury. we'll do our part, we'll do yours. if it works out, great. if it doesn't, you got to do your time. >> cleo is not going home for the holidays, and neither are 9,000 other inmates at county. as another long chicago winter sets in, there's no slowdown of gang or drug activity on the streets. yet police can count on their informants to make it a season of giving year round. >> mini van going towards the drive-thru. >> got it. moving in. >> there's also a red car parked on the other side. somebody take that car, too. >> tonight they've received a late christmas gift from one of their sources. >> shut the vehicle off. shut the vehicle off. do you have any weapons or anything in the vehicle i should know about? mind

so they're always minding intell from everyone they come across.ccio leans on a detainee who's not his informant. >> the deck is one. you know everybody will go on lockdown for this shank thing. you need to find out who had it. find out who had it and i'll try to get them. this is -- as soon as we come out, i'm going to try my best. >> why is anybody looking for keys >> once investigators determine who made the shanks, they'll either charge the inmate in court, or they'll use it as leverage to turn him into an informant to solve other cases. >> good job, boots. good job. you really came through in the clutch. >> for now, investigator buccio can enjoy a momentary victory. >> until today, i was regretting bringing him upstairs. >> i'm sorry. >> we had the transfer papers ready. >> we had your transfer papers ready. >> you ready to be out. >> anything for you. you jump in a shoe box, and you're upstairs. >> oh, man. >> wow! >> that was good, man, for real. >> the culture of violence inside the jail mirrors the brutality of the streets. especially on c

different thanc 2 communication to the with a resu you eventualhvllbu@noc re @noc rec 2 >> reporter: inteldrive produc will pick up by the first half @ noc ingstar analyshvllbu@ 2@noc rec 2falling demand. bu once hard drivehvll llbuher sihvllbu@noc reback up,v noc or intel's processorsivllbu@ bu@noc rec 2outlook.noc rec 2 researchers trry say the personl ivll buivllbu@llbu@noc rec 2 grownoc rec 2 ivllemerging markets will boow with anivllbu@ivllbu@e c 2est@noc re billio2nk that perspectiveferen llrebuport,"@ washinongc toren.e americans are skipping the mal jvllbu@ noc llbu@ @ec noc coremsc co2re tracks the 2pe with all those packages ordejvl2 th daily package volumake sure allu going,jvllbu@onalllbu@noc rec 2 2 and tom, at x is on track for strong lazard capitjvcould see a spike s and the profit w hit u.s. stokvcklls bukvllbu@he2 @noc rec 2ayed there all day llbus&p 500 bounced aroundws ofv pulkvlillngbu out t@o lookno ae seson chart, buoff it@snoc rec2 low of last we with the finkvanllci falling more than kvllbu@ sensi llbuped more than 2%.@noc rec 2v despite the drop ic 2materials a mon

intel cutting 4th quarter sales forecast blaming a shortage in the hard disc drive supply.few -- shares this morning were trading lower weighing on stocks, intel down by almost a dollar. moody's plan to reviews credit ratings on all european countries. bloomberg index down 1 1/2%. there's an app that lets people create fake driver's license. pennsylvania senator does not like he has written a letter to apple asking it to ban the app calling it a threat to national security. live in the new york stock exchange i'm jane king. >>> 6:47. u.s. supreme court gets first chance to jump into the battle overstate laws targeting illegal immigrants. arizona is asking for permission to enforce measures blocked by lower courts at the obama administration's requests. part of the law banned includes a provision that would allow officers to demand documents proving citizenship from any person they stop. the justices are expected to decide today whether to take the case. >>> time for a look at our weather. scattered sprinkles this morning? >> not enough to make a dent in our deficit or help

, there's no point in buying chips from intel. there's you see the problem. >>> 54 million people a day logon to a game like farmville. eight other smaller companies are expected to ipo this week as well. recent it tech ipos may have been making stocks a lot of money but not necessarily you, the investor. pan dora, if you bought on the very first day, you would have gotten it around $16 but you can pick up a share of pan dora just under $10 these days. groupon out of chicago, a ver volatile stock. and you did just fine on linked in if you bought it at the early price of $45, now trading around $71. amazon says it will soon send software to its tablet to make it more sxonsive, kindle fire, after reviewers called it slow. "new york times" going as far as to mention the kindle fire in the same sentence as the etzel and new coke. if all you want is something to read books on, there is a cheaper kindle. overall, not bad. back to you. >> scott mcgrew knows what he's talking about. thanks, scott. >>> holidays are sure to be awkward for a

santa clara chip giant intel is warning about less money. flooding in thailand is hurting supplies for personal computers. fewer pc sales mean fewer sales for the chips inside them, often made by intel. one bright spot today, netflix. the los gatos company's market value has tumbled so far, it's now the object of a takeover rumor. today's rumor has verizon looking to buy netflix. no comment from either company but netflix shares getting a welcome boost up 6% on the day. >>> still to come, the sandusky sex abuse scandal. the former penn state coach prepares to face his abusers as new questions surface did a key witness in the case. >>> a turnaround in the state's budget woes. a south bay park saved from closing and why that solution could help keep other parks en > open. >>> i'm chief meteorologist jeff ranieri. a very cold day out here, pnty of cloud cover, temperatures already dropping into the low 50s. no doubt tonight we'll be talking about widespread 30s. also patchy frost. we'll let you know where fog may develop and we're tracking show

no weapons. >> they still believe their informant's intel was good.s the chance we take when we do search warrants like this. especially for weapons because they're constantly moving around. >> they have evidence, more than 1,000 rounds of ammo to make an arrest, but the suspect will face a lesser penalty for ammunition and no firearms. >> damn. >> just mad. >> it's still a hit. still got illegal ammunition. >> in order to nab the target red-handed, they'll need help from an inside source again. >> it's going to be real hard, unless we can get somebody else to work him. i really wouldn't want to used same guy. he might catch a bullet. try to get somebody new. find somebody new in the area. >> protecting confidential >> being on the block like that kid, hanging out with the cops for whatever information he's given is never going to equal what he can make working the block. he decided to double dip. he was working in an area we were not watching obviously and now he's incarcerated again. >> you are stressing. we still got too tired out there, but i need

. >> coming up on the squeeze -- >> we are waiting for intel to come back from the location. on in the basement. >> people came in? it's bad. >> how do you know? >> we start with your honesty. >> right there in plain view is what we have. what is this shorty? uh, tissues sir, i'm sick. you don't cough, you don't show defeat. give me your war face! raaah! [ male announcer ] halls. a pep talk in every drop. yoo-hoo. hello. it's water from the drinking fountain at the mall. [ male announcer ] great tasting tap water can come from any faucet anywhere. the brita bottle with the filter inside. >> here's what's happening. a new boston globe poll puts mitt romney at the top in new hampshire leaving newt gingrich 39-17%. a home kills an advertising executive's three children and her parents and she and a male companion escaped. shoppers take advantage of sales despite a subway strike led to some lines being suspended. for now, it's back to the squeeze. >>> your call. where do you want to go first? >> checking 15th and 16th. >> 10-4, sir. these guys are going to be sorry. stop this guy

major funding for the pbs newshour has been provided by: >> intel. sponsors of tomorrow. >> and by bnsf railway. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> suarez: the carnage that has bloodied much of syria came home to the capital today. two bombs erupted in damascus, killing nearly four dozen people and wounding more than 150. we begin with a report narrated by inigo gilmore of independent television news. >> reporter: one of the bomb blasts left this huge crater in the ground. the tangled bodies of the dead were ferried away on stretchers, a doubly whammy in the heart of the capital damascus. the targets-- two buildings belonging to syria's security forces. >> ( translated ): i heard the explosion and saw many body

major funding for the pbs newshour has been provided by: >> intel. sponsors of tomorrow. >> and by bnsf railway. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> suarez: the carnage that has bloodied much of syria came home to the capital today. two bombs erupted in damascus, killing nearly four dozen people and wounding more than 150. we begin with a report narrated by inigo gilmore of independent television news. >> reporter: one of the bomb blasts left this huge crater in the ground. the tangled bodies of the dead were ferried away on stretchers, a doubly whammy in the heart of the capital damascus. the targets-- two buildings belonging to syria's security forces. >> ( translated ): i heard the explosion and saw many body

intel contributing to the market decline today, all major indexes closing lower. news out of europe not helping. ratings agency announcing it's reviewing credit of all european union countries. your bloomberg index is down 1.5% as well, all companies in that index posting rosses. and this could be the biggest week for ipos in the u.s. since march. two tech companies are leading the way. there are hopes to raise $3.8 billion and today jive is expected to price shares between 8s skpdz $10. the software set to start trading as early as tomorrow. and is there reports indicating verizon may buy net flix. net flix shares spiked on news of the deal. and he says he believes they're serious about going after net flix and they think that buy easter, someone is going to own net flix that. will be interesting to watch. in san francisco, i'm emily chang with bloomberg west. dan? >> no dan today. he'll be here at 5:00. >> and spencer is here, though. and it's nice mixed bag of weather ted. >> that is a great way to describe it. there have some spotty rainfall, nuisance rainfall

nor is he the likeliest source of intel about a heroin ring, not when it's run by a west side chicago street gang. but all types filter through the jail's criminal intelligence unit. >> we'll call. >> i'll do it. >> make sure you let him know you're waiting on the ride. just see if he's cool. >> yeah. hey, what's up, bro. hey, i'm waiting on my ride right now. you going to be around in like a half hour? all right, cool, thanks, bro. for sure. >> unreal. >> he's like yep, yep. >> i never heard it done with no names, no code, no nothing. they just, what do you need? i'm going to bring it to you. that's pretty ballsy. >> the next step for inn vest gator drake carpenter is to set up a sting operation with the police. in the meantime, he'll return the kid a favor. >> is the deck you're on cool? >> no. >> it's not cool? >> no, i'm scared [ bleep ]. >> you should be scared. i can move you somewhere you might be a little bit more comfortable. see if we can put you in gang free. understand that comes with a price, too. >> whatever you want. >> i'll do it for this. >> yeah, okay. then whenever

another negative factor contributing to the selloff was intel cutting revenue forecast. the dow ended at 12,021 points, down 1.3%. over 160 points from friday. >>> let's check how stocks are kicking off in japan after the selloff on wall street. we cross-over to ramin mellegard at the tokyo stock exchange. ramin, good morning to you. what can you tell us. >> very good morning to you, ai. let's look at the opening levels this tuesday morning, and you can see quite clearly following a downturn in u.s. and european markets. the nikkei down over 100 points as well this tuesday morning, despite the ending positive note yesterday, trading range was in a tight range yesterday and on lower than average volume. we'll see how today goes. judging by reaction on the dow and european markets, looks like global markets aren't convinced a complete resolution is in place for the eurozone issues. we saw a selloff in gold and wti crude oil prices, so we'll keep track of banking sector stocks and key commodity related stocks, and as you mention there, ai, also intel falling about 4%, citin

intel has a big supply chain. many of our small manufacturers in this country are part of supply chains of larger companies. many of which export, so we are finding ways to create innovation for the smaller manufacturers. the they might be advance manufactures and technology. they might be specialty manufactures and they can still come and other suppliers and if we make sure that they have a capital and the counseling and the tools they need, they can produce those products that can then either be exported as components or expo did -- >> fred bergsten where does your 10 million come from? >> let me tell you how to get three to 4 million of the 10 million. the united states runs a trade deficit of half a trillion dollars a year. where the worlds biggest debtor and deficit country is the world -- result of that. the residents had a goal of doubling exports over five years which is good but it is much too modest a goal and he hasn't done much to support it. anyway it is the wrong goal because the goal should not be j

major fuing for the pbs newshour has been provided by: >> intel. sponsors of tomorrow. >> and by bnsf railway. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> suarez: the carnage that has bloodied much of syria came home to the capital today. two bombs erupted in damascus, killing nearly four dozen people and wounding more than 150. we begin with a report narrated by inigo gilmore of independent television news. >> reporter: one of the bomb blasts left this huge crater in the ground. the tangled bodies of the dead were ferried away on stretchers, a doubly whammy in the heart of the capital damascus. the targets-- two buildings belonging to syria's security forces. >> ( translated ): i heard the explosion and saw many body

. >> rich, you are also recommending intel which earlier this week on monday actually reduced expectations for revenues. why should investors take a fresh look at intel. >> we think that there has been an overreaction to floods in thailand which disrupted hard drives and also the whole pc chain. the stock is now trading at ten times earnings. it yields 3.6% and over the next couple of areas you could see $30 in the stock. we think the market is just overreacted. >> all right. let's see if we can squeeze in your last recommendation. eaton, the stock is down so far for the year request. why do you like etn. >> the stock is basically a bet that the market and the economy will get better, yield --.3%. and they're in good businesses. they're in hydraulics. they're in trucking or the electrical business. >> they do a lot of business in europe, could that be a drag on the company? >> it but i think that's already why the stock has been down. we think that's why it's cheap. it's a good name to own. again you want to own these in a portfolio, not just one, so that you can smooth out the risks of di

we'll hear from our viewers in tonight's so intel and despite all the talk of dangerous muslims living in the united states turns out we should probably be more wary of a different religious group or hospital all out with david sirota when we come back . to the east reckoning. with a contest that nobody seems to know. but never a pepper spray to face but hardly argument that they're being overly dramatic. you know sometimes you see a story and it seems so for is it you understand it and then something else here's the other part of it and realize that everything is ok. i'm charging welcome to the big picture. mr. time now for so intel and i program last time we discussed the bloomberg report which details seven point seven trillion dollars in secret loans that the fed doled out to the banks in march of two thousand and nine they turned around and made a cool thirteen billion off so frank had been stronger if congress would have known the truth about the signs of the federal reserve loans to us thanks i'm going to produce a producer patrice in a sense a to find out what you have to say.

they area face intel is down 445 45. they are cutting their fourth quarter revenue projections by $1 billion because of a shortage of hard disks from a flood played to thailand. we are back into minutes as the kron4 news continues. here is a live look for the roof camera in san francisco. clouds and scattered light showers. we're going live to the port of oakland coming up after the break-in and follow the latest with the occupy protesters. >>mark: thank you for joining us on the kron4 morning news. our developing story is the port of oakland. our team coverage of the occupy movement is gathering steam in the building into the port of oakland this morning. this scene is being played out up and down the west coast from san diego to seattle and toward anchorage alaska. this is you streaming video being said in live from one of the protesters down at the port of oakland. besides the streaming video our records are also stationed live at the port. jackie sissel has an update on the destructions. >>jackie: i am at seventh and

contributing to intel cuttingforecast.12,021 down1.3%. over ointsfriday.heck how stocks kicking off in selloff on cross-over ramin mellegardexchange. what >> very good morning to ai. let's this tuesday canarly following in u.s. markets.r 100 points morninthe ending positiveday, tradingange a tight range on we'll see howgoes. judgin reaction onmarkets, looks like convinced place for the eurozone saw a gold andcrude oilprices so of banki stocks stocks, and as youthere, aiintel about 4% a s following flo thailand, an track of the t well. currency ro telling us a the market euro falhen the yesterday in t3 levels. the they have exchange ra0 to the yen 105 euro. causing a little p ai?ramin, we have before has tothe past earnings. that is they may be de-listed if they how has it bading? >> crucial lot o since october we have since thel broke out.woodford came ban to from in town today. the80% at o but11 u 140%. b olympus will survivescandal, but it playsand before theow. the topix are botmorning. ks ramin mellega tokyo stock exchan mounting that

intel. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org

through intel's philosophy of investing for the future, we're helping to bring these new capabilities to market. we're investing billions of dollars in r&d around the globe to help create the technologies that we hope will be the heart of tomorrow's innovations. i believe that by investing today in technological advances here at intel, we can make a better tomorrow. >> and by bnsf railway. >. the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: north korea marked the passing of power today, to a scion of the same family that's ruled unchallenged since world war ii. official media reported kim jong-il had died after 17 years in power, bequeathing the communist country to his youngest son. as state television reported it, word of kim's death affected everyone from the news reader to offi

through intel's philosophy of investing for the future, we're helping to bring these new capabilities to market. we're investing billions of dollars in r&d around the globe to help create the technologies that we hope will be the heart of tomorrow's innovations. i believe that by investing today in technological advances here at intel, we can make a better tomorrow. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the u.s. justice department announced a major settlement today over alleged racial bias in home-mortgage lending. bank of america agreed to pay $335 million in a case involving countrywide mortgage, which the bank bought in 2008. attorney general eric holder said countrywide engaged in systematic discrimination against blacks and hispanics. >> these alle

bnsf, the engine that connects us. >> intel. tomorrow. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org

bnsf, the engine that connects us. >> intel. tomorrow. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >> this is "bbc world news america." funding for this presentation is made possible by -- the freeman foundation of new york, stowe, vermont, and honolulu newman's own foundation focus features and union bank. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions and capital to meet your growth objectives, we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news

through intel's philosophy of investing for the future, we're helping to bring these new capabilities to market. we're investing billions of dollars in r&d around the globe to help create the technologies that we hope will be the heart of tomorrow's innovations. i believe that by investing today in technological advances here at intel, we can make a better tomorrow. >> and by bnsf railway. >> the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: after a quiet holiday weekend, republican presidential candidates prepared to descend on iowa in earnest this week in a flurry of bus touring, pheasant hunting, and endorsement courting. for the latest on the republican field's final push toward the january 3 caucuses, we are joined by stuart rothenberg, editor and publisher of the "rothenberg p