cnbc's jackie deangelis live with that story and more. good morning. >> good morning, aaron. judge rejected apple's request to increase $1 billion in damages that it was warded. the jury found samsung infringed on some but not all of apple's smartphone and tablets. the judge said the swrir got it right and not been able to -- asked for a new trial. >>> toyota is recalling for 752,000 corollas and matrix vehicles to fix airbags that could deploy when they're not supposed to. it has received reports of minor injuries and two accidents. the automaker is recalling 270 lexus i.s. vehicles because of a problem with the wipers that would cause them not to work in certain weather conditions like snow. back over to you guys fiemt jackie deangelis at cnbc. >>> a 4-year-old boy is in serious condition after being hit by a car. this happened in green belt. chopper 4 was over the scene on breezewood drive. the boy was with his father at the time of the accident. police are not saying what led to that crash. they did say the driver stayed on the scene. >>> montgomery county police are look

for that we go to jackie deangelis at cnbc. good morning. >> good morning. all eyes on blackberry and rim. also hitting milestones. the muchs are higher after stocks resumed the march higher. investors shrugged off a report saying consumer confidence dropped this month. tech got help from amazon. quarterly earnings, missing forecasts. but the stock still jumping in after hours trading. we'll get data on private sector jobs and fourth quarter gdp. the dow a stone's throw away from 14,000. it hasn't hit the mark since 2007. we saw it rise 72 points yesterday to 13,954. the nasdaq slipping to 3153. a federal judge rejected apple's request to increase the $1 billion in damages a jury awarded them last year in the patent battle with samsung. the jury found samsung infringed on some but not all apple patents. the judge said the jury got it right and apple has not identified specific losses suffered as a result. she denied requests for a new trial from both companies. >> thank you very much. >> 4:46 now. rob is here to talk about the weather. you're talking about b

for that and details before the opening bell, let's turn things over to jackie deangelis at cnbc world headquarters. >> yahoo! may push tech sector higher today but futures are actually slightly lower on wall street. this after the markets took a breather on monday. we saw the dow snapping a seven-day win streak and of course tech is going to be in focus with that yahoo! report and there's a lot of other earnings that will be coming out today and some data. we've got home prices and consumer confidence, earnings. we'll hear from ford and pfizer. fed kicking off a two-day meeting but likely to keep to the message keeping rates low for an extended period of time. the dow fell yesterday and nasdaq edged slightly higher four points up to 3154. a fun story and sugar rush this morning for the markets. hostess agreeing to sell brands to mckee foods. the price tag on that deal $27.5 million. the lineup includes the namesake of drake's cakes and devil dogs. i'm sure you're familiar with those. hostess reached a deal to sell several bread brands for nearly $29 million. the company, which is liqu

for details on that and a look at how futures are trading, we turn to jackie deangelis at cnbc worldeadquarters. probably been years since you had a twinkie. >> good morning to you. it has been years. i'm going to hold you in suspense on the twinkie story because it's so good. let's start with futures for a second. slightly lower this morning after we saw stocks losing a bit of ground yesterday. investors reacting to a report showing that the economy contracted during the final three months of last year. now it's the first negative print on gdp since the spring of 2009 due to a big drop in defense spending and uncertainty over the fiscal cliff. we'll get data on personal income and spending and manufacturing. look for that. meantime, the dow closed 44 points lower yesterday to 13,910. the nasdaq down 11 to 3142. remember the major indices are still on track for the best january in years. okay. back to the twinkies for a second. you can definitely stop hoarding them. the iconic log shape pound cake with a cream feeling has been saved. they will pay $410 million. metropolis owns pabst

cnbc's jackie deangelis live with that story and more. jackie, good morning. >> aaron, good morning. u.s. airways and american airlines are in the final stages of the merger talks. a deal could reportedly be coming soon. we're looking for that in the next two weeks as a matter of fact. report are saying that the merger price and management structure are the major sticking points left to resolve at this point. the board of american's parent company planning to meet today and tomorrow. amr hasn't made a final decision on the merger and reports say that the company is still considering its own restructuring plan, a viable option to reviving the airline. american, of course, filed for bankruptcy in november 2011. also barnes and noble planning to close about a third of its retail stores over the next decade. the company's ceo telling the wall street journal that he sees the chain having about 450 to 500 stores which would mean shutting about 20 locations a year. barnes and noble, they've been closing about 15 stores a year over the past decade

jackie deangelis. good morning. >> good morning, scott. the future is higher this morning.estors shrugging off a report showing consumer confidence dropped this month. tech could get help today. we're going to get data on private sector jobs and fourth quarter gdp. the big milestone there. it hasn't hit the mark since 2007. it rose 72 points yesterday. the nasdaq slipping a fraction to 3153. another big story on toyota recalling more than 750,000 ka ro las. matrix vehicles in the u.s. the air bags could deploy when they are not supposed to. toyota received reports of injuries and two accidents. the automaker is recalling lexus i.s. vehicles because of a problem with the windshield wipers. they could not work in certain conditions like snow -- exactly when you need them. >> john and laura, digital artist and composer in santa cruz created this. the "downton abbey" video game for nintendo. i showed you this yesterday. this is a p mock-up. no game exists. but lord crowley needing to find all the cigars. he wanders around the estate looking for them. bill kiley write it is musi

so with that in mind, let's turn to jackie deangelis for a look at the markets. good morning, jackie. >> good morning, scott. futures slightly lower after the markets come off another positive week. the dow, nasdaq, s&p 500 have lost gains in the past four weeks. the dow is up 6% this month. also on pace for its best january performance since 1989 when it rose 8%. the s&p has risen for the past eight sessions. the best win streak since 2004. it's also a busy week for economic data topped out by friday's jobs report. today we get numbers on durable goods and pending home sales and earnings just out from c caterpillar. dow rising 70 points on friday to close at 13,895. nasdaq up 19 points to 3149. back to you. >> thank you. as far as that yahoo news, we'll hear about the company's financials. i think what we're going to want to hear about are yahoo!'s customers. how many users, how long they stick around on the site. what sort of improvements yahoo! has planned ahead. the stock up 30% since former google exec took over. it's the third most visited site on the intern

cnbc's jackie deangelis joins me live. e $64,000 question, how long will we have this air of good feelings jackie? >> that hit the nail on the head. we're seeing the market reaction in reaction to a deal and the time liveness of it. wall street does like the fact that congress was able to act and move forward. at the same time the question is how long does that euphoria last? we did see the tax increases that we were expecting come into play, but at the same time the spending has been kicked down the road and wall street doesn't like uncertainty. so when it comes to that spending and looking at those issues in all k couple of month we'll have to see how the market reacts. we could see a rally today and a little bit of a fade moving forward. >> thank you very much. new tension over hurricane sandy relief. members voted to adjourn, delaying the $64 billion bill to the 113th congress, which convenes tomorrow. it followed a last-minute decision by speaker john baoehnr to pull back the vote. >> we should have an open debate. tha

for a look at the broader markets, let's turn to jackie deangelis live at cnbc world headquarters. jackie. >> reporter: good morning, scott. futures pointing to a slightly lower open after the markets took a breather on monday. the dow snapping a seven-day win streak. tech may get a boost today. watch for it after yahoo! reported decent earnings last night we'll get data on home prices and consumer confidence and also earnings from ford, eli lilly and pfizer. the fed kicks off a two-day meeting but widely expected to keep to its message which is keeping rates low for a long time. dow falling 14 points. the nasdaq edging slightly higher yesterday up four points to 3154. back over to you. >> all right. thank you much. as we mentioned, jon, we'll talk about yahoo! in a bit. it's a personality story about marissa mayer. wall street absolutely still thinks she's the woman for the job. we'll take a look at that coming up in just a bit. >> she does have rock star status. thank you very much. >>> this one a wild scene along the australian coast. you have to see it to believe it. that's not

let's go to jackie deangelis. >> the culprit for gold's move today none other than the u.s. dollar. gold is turning lower on today's dollar strength. is this a short-term move or the start of a troubling trend? let's talk futures now. rich is in chicago, and ant chi anthony is in new york. could we infer that gold is not a good trade until we so a resolution out of washington? >> that is one way, but i think any deal on spending cuts makes gold more attractive because it creates uncertainty in the market. if you look at the last debate this one will be full out mma. >> rich, for 12 years in a row, gold has seen gains on the year. will this be the year we will get 13 out of 13? >> i think we'll get 13 out of 13. the first quarter will be troublesome here because gold is not a safe haven, it's a currency. you called it that at the top of the show. take a look at the chart. recent down trends still intact. we bottom out at 16.30, give a 50% retracement, right to 16.95, that's the line in the sand. we get out above that, maybe the bulls take command. below that the bears are still in ch

. >>> cnbc's jackie deangelis has that story and more. >> good morning eun.udge will rule today whether to approve bp's deal to plead guilty to manslaughter and other charges in the gulf oil spill. bp would pay a record $4 billion in criminal fines. before issuing her ruling, a judge will hear from relatives of the 11 workers who were killed when the deep water horizon rig exploded. bp agreed in november to plead guilty to charges related to the deaths adds for lying to congress. meantime, many americans may be keeping up the 9:00 to 5:00 grind for years to come. ameritrade found the average baby boomer is half a million dollars short on retirement savings. three quarters of boomers have to rely heavily on social security in their golden years and last week census date showed that more people are putting retirement off. they're continuing to work past the age of 65 because they need the extra money. eun, back to you. >>> jackie, thank you. >>> closing arguments begin today in the trial for an anne arundel county executive acute cuesed of misconduct. he's also

jackie deangelis is there for us. good afternoon. >> reporter: good afternoon to you. looking to snap a four-day losing streak, around the 1660 mark. supporting today's gains, durable goods figures, also hopes in the likelihood the fed will keep its easy money going. rbc adding thousands of contracts of 1700 strike puts were in the money, we saw short covering this morning, realigning of portfolios. you also have a weaker dollar today. that particularly is supportive of gold prices chbl the rest of the metals we're seeing strength in copper, manufacturing data out of china and also growth out of china as well. but traders are cautious as they are waiting for this fed meeting to take place. also adding to the caution is some of the mixed economic reports we got today, also friday's jobs report. meantime there is also the issue of how well the metals markets are supplied. it appears a consensus is that there is supply and demand balance right now. we could stay range bound for a while. back to you, sue. >> thanks, jackie. to the bond market. rick santelli tracking at the

let's go to jackie deangelis know, the host of the new online show. >> that's right.nd nat gas is used to heat homes so let's bring in the futures crew to see if it has legs. anthony is at the nymex. we're seeing a sell-off today. is that a sign that the move is over? >> well, i think if you look at what's happened over the last few weeks, we were cruising along with a mild winter and then boom, the cold winter hit us. when people didn't realize the depth of the cold air. and those shorts had to cover once we got above 330. i think when -- if we get through this week or when we get through this week and you look at the long term forecast it is supposed to moderate in temperature. i think you have seen the high over the last or for this contract and you should see the market start to come off. >> well, that's a good point. this is one of the most shorted commodities. might not still be the case right now, but are there net longs in this trade? >> well, jackie, if you take the c.o.t. report, you back it out four weeks, you see net longs and big boys added to the long po

. >>> i'm jackie deangelis with your cnbc market wrap. dow gaining 53 points to finish at a five-year high today. the s&p building on yesterday's gains also at a five-year high and the nasdaq falling one point. but big mover today, morgan stanley shares rising nearly 8% after a reported better than expected earnings. and ge also beating estimates sending shares up more than 3%. ge is a minority owner of nbc universal, the parent of cnbc and msnbc. that's it from cbs, first in business worldwide. now back to "hardball." ♪ >>> welcome back to "hardball." while much of the focus and scrutiny has been on the rereal challenges on the republican party but there's been less attention paid to questions facing democrats over the next four years. though president obama handily won re-election the democrats face a challenge ever their own. as jonathan martin and maggie haberman pointed out today, quote, he presides over a party that has largely papered over its divisions for the past four years thanks to the president's commanding popularity. but al

let's go to jackie deangelis, the host of "futures now." >> it's gasoline has has had the hottest runanthony is at the nymex. >> it's a seasonal thing where gasoline is always higher at this time of the year. if you look at the charts it starts to rally in january all the time. number one, you have maintenance of refineries that happens in a week or two. where they take refineries offline. product is drawn at that point. number two is there's anticipation of higher demand because we hit spring and summer driving season. number three, which is the biggest one, there's a transition from the winter gas to the summer gas and the summer gas is more expensive because that blend is more expensive. >> all right. jeff, anthony brings up the seasonality, but how much of this rally is being driven by oil? >> well, jackie, you're right. there's a technical aspect as well, but we are viewing this as a wonderful opportunity to get short here. you can get short here at this 285 level dao you to the fact we have seen a breakout. this oils is squeezed a lot of shorts. being squeezed in the short marke

cnbc's jackie deangelis is live with that. >>> good morning.ination with local online coupons and daily deals may be fading of livingsocial, the site based in d.c., reported a $650 million net loss last year. the company was initially known for its rapid expansion, but it's cut back in recent months. now it shut some overseas operations, written down the value of others, and laid off 10% of its work force. young internet companies can take years before they become profitable. livingsocial reportedly expects to turn a profit sometime this spring. amazon owns 30% of the company. back to you. >> thank you. >>> breaking news now. there is no threat of a tsunami following an earthquake off the coast of southern alaska. it was a 6.0-magnitude earthquake, hit little more than an hour ago there. no reports of injury or damage this hour. >>> the story for us is flooding. for our neighbors to the south, it is damage caused by more than a dozen tornadoes. eight states saw twisters touch down as the storm raked across the region. one man was killed by a fa

cnbc's jackie deangelis is here about what's moving your money. >> now it is all about the perks.ant issue. so which company's perceived as a better company to work for? well glassdoor.com says it's facebook, forbes saying it's google. from what we know, facebook is known for the laid back culture and the erik ps it pays like vacation days, free food, transportation, day care, also a generous benefits package like 100% health care coverage for employees and 50% for dependents. and then there's google, the company has long been known as a great place to work because of the special perks. some of the new ones this year include three new wellness centers, a seven-acre sports complex, that includes a roller hockey rink, basketball courts, bocce and shuffle board too. and if you consider the 200 hours of subsidized massages, it sounds like a sweet deal for employees. but, chris, the question is, when are they actually working? >> well, that's the whole point, right? they're there like 18 hours a day, they get to have a massage and maybe climb the rock wall or something. sounds pretty g

for more let's go to jackie deangelis. she's the host of cnbc's "futures now." >> that's right.ws for gdb. that's good news for gold. when number came out another at 8:30 in the morning the gold shot higher. the question is does a weaker economy mean more action and higher gold? let's talk futures now. we're looking ahead to the fed's statementer are you getting long ahead of it? >> i am. there's one thing clear about this gdp number. the stimulus isn't going to stop any time soon. when you look at the gdp number itself, they talked about a big cut in defense spending was the reason why we were down. well, sequester happens in another month. you're talking hundreds of billions in defense spending. >> so the feds are going to help with the easy money policies. that's going to be good for gold. jim, gold's really not done a lot this year but the stock market has certainly soared. do you think we could see a flip in that scenario? >> i do thank could both do well. the thing that was most interesting to me about that is gold spike in the gdp number but the bonds held still. so to me

. >> to jackie deangelis, host of cnbc.com's "futures now". >> the catalyst for the sell-off, better than expected jobless claims. so if the economy is getting better, do you want to stay out of gold? let's talk futures now. anthony is at the nynex. explain why good jobs numbers are bad for gold. >> it is two good jobs numbers in a row with the claims numbers. you remember the fed said they were looking for substantial gains in the employment market before they would take their foot off the liquidity gas pedal. that's a logical market reaction to take the top off gold. the other reason is that the yen turned around again, which gives us a small perception of dollar strength or stability. that reason has been going on for a couple of weeks. i think it is somewhat illogical. there is no payday. the jobs numbers is a big deal. >> this is a second time in a month that gold has failed to crack that $1700 level. you got to wonder how significant that is, right? >> yeah, jackie. it is pretty big. i talked to the traders down here in the pits, they look at the gold market as i want to be an

let's check with jackie deangelis. she's live at cnbc world headquarters. good morning. >> good morning. futures right now slightly lower after stocks lost a bit of ground yesterday. investors reacting to the report showing the economy contracted during the final three months of last year. it's the first negative print on gdp since the spring of 2009 due to a big drop in defense spending amid uncertainty over the fiscal cliff. today we'll get data on unemployment, personal income and spending and manufacturing. the dow losing 44 points yesterday to close at 13,910. now 90 points shy of that 14,000 mark. the nasdaq down 11 to 3142. remember the major indices on track for the best january in years. s&p dup 5.3%. it's been up 5% or more in january only 12 times. nearly every time it closed out the year with double digit gains. something to look forward to. back to you. >> when jackie was talking facebook made just under $200,000. other news, the internet talking about wednesday's big blackberry event. the company once known as research in motion unveiled new p

jackie deangelis on the conference call. >> the conference call for at&t started at 4:30. they're well into the q&a at this point. the revenues were a little stronger. they did see a penny miss there. they said the impact from superstorm sandy and the pension charges were pretty much as expected per their early 4-q update. they said that they sold 10.2 million smartphones in the quarter. that was a record. they also said they had their best ever quarterly sales for android and also apple products. with respect to iphones they activated 8.6 million in the fourth quarter and with respect to wireless customers they added 1.1 million. so those were pretty good stats. the margins held stable and consolidated margins actually improved. the margins are important because analysts were looking for short-term impact due to iphone subsidies. cost cutting is certainly a priority. they're looking to be as efficient as possible to manage that bottom line. and outlook is really important for investors as well for 2013 they said the eps should be in the upper single digits or higher. reve

jackie deangelis has more on ben bernanke and timothy geithner. good evening. >> good evening. in an afternoon address at the university of michigan, ben bernanke addressed it. he said it allows the government to pay the bills and it's something that government must do periodically. congressional action wouldn't create new spending or add to the deficit either. regarding his hope that the process goes smoothly, he said the following. >> i do hope that congress will allow the government to pay its bills, not raise the possibility of default. which would be very, very costly to our economy. and then address very seriously these fiscal issues. >> this was bernanke's first speech since the release of the fed's latest meeting minutes which caused a stir because it indicated some policymakers wanted to end the bond buying program before year end. meantime, in a letter to congressional leaders including boehner, tim geithner urged lawmakers to raise the limit on the nation's debt, or risk irreparable harm. the credit worthiness is not a bargaining chip or a hostage that could be taken

jackie deangelis has a preview. jackie. >> good morning, guys. it's been a good run for stocks.eason kicking into high gear i'm going to walk you through some of last week's biggest winners and losers and see if that momentum can continue. stay with us. >>> welcome back, everybody. dow futures down by about 12 points. we've been watching shares of caterpillar this morning because it just came out with earnings. caterpillar came in with earnings that were 1.04 was the number, 87 was a charge that was included on this. analysts were looking for 1.69. what's really important is that this company talks about their outlook for 2013. they they see somewhere between $7 and $9 in earnings a share. street today, 54. obviously that's a very wide range and the company is making some comments about that. they say that wide range for the 2013 outlook reflects the level of uncertainty that they see in the world today. doug oberhelman is the chairman and ceo. he says that they are encouraged by recent improvements in economic indicators but remain cautious at this point. worried about things m

jackie deangelis over at the nymex for us. >> we've learned some things, a little more defensive toneeak because apple is leading things to the downside. here's the major sectors right now. notice, health care holding up very well, consumer staples, of course, and we're about 50/50 on the advance decline line. about even on the advance decline line. techs, apple did break 500 right at the open. but it's above that right now. there's your major tech stocks here. 504, some of the chip names are weaker. some of the big equipment makers that are out there are also on the weaker. teradyne. i got a lot of questions about hewlett-packard and what's going on with hewlett-packard. hewlett-packard has been a monster since january 2nd. we're up 17% on the year. so far for hewlett-packard. far and away the best performing stock in the dow jones industrial. i think pfizer may be up 7% or 8%. that's number two. today the immediate reason was an upgrade from jpmorgan. but it was the most grudging kind of upgrade that you could possibly imagine. take a look at what they said here right out of the gat