and she is so strong. >> i'm here to see monique jeffries. >> monique jeffries. >> yes, ma'am. >> inut. i go through like most people i know hell and back. and just hoping that my mama can get out and share it with me. >> have you thought about what you want to talk to her about? >> money. i'm running low on it. i need $30. >> hey. look at you. >> did you cut your hair? >> huh-uh. >> look. >> you got nails. >> you see how long they are? >> they are. that means you ain't been nervous or angry. >> i miss you. you look beautiful. >> thank you. >> during the visit, alexis gets a cell phone call from monique's brother. >> oh, my god. tell my brother i miss him so much. >> your sister says she misses you so much. >> tell him to meet you to give you some money for me. tell him to give you $25 so you can give it to me. and don't take it, alexis. hello. >> i am listening, mama. >> tell him we don't have that much time. what'd he say? >> he said i'm going to give you some money. >> i want to be happy with her, not stressed about having to be locked up and having to have money on the books and

jeffries: how come? i think the last guy was offended.t mean we can. jeffries: is it a slur? i don't think it is. how about "cross-dresser"? that's not offensive, right? jeffries: no, it's neutral. all right, let's go with that one this time. hey, how's it going? super. we're, uh, looking for an older gentleman-- a cross-dresser who goes by the name of tinkerbell. don't know him. you got any old-timers that hang out here? there's an older crowd in the rooms upstairs. what rooms? the conversation rooms. hell, we're not vice. we don't care about your rooms. we're looking for a witness. go on up. just watch your body language if you don't want to get groped. ( chuckling ) danny's mom said you two dated in college. mm. i found out about danny the hard way. i caught him and hank kissing. damn you. damn you. i'm sorry. everything's a big lie. you're just a liar, using me? no. i love you. nothing has to change. what do you mean? i mean, i do love you. i love you. but not the way you're supposed to. tell me. not as much. as much as what? as i lov

jeffries triumphantly returns to the stage. and the audience goes wild.in true comedic fashion, jim makes light of the attack. >> what many of you don't know is that i employed that bloke for when gigs are going badly. >> even if i'm a bad fighter at least i've got some type of courage. if you've enjoyed my show, like some of you have, right? and you want to see more of me, i'll be getting my head kicked in in the alleyway. ladies and gentlemen, thank you very much. >> jim leaves the stage to a standing ovation. later, aft

jeffries: and philly soul was the next step from motown. takes me back, man.ht track. never heard of him. come on, man, how about the intruders? delfonics? nope. all right, you got to at least know "love train." yeah, song from the beer commercial. you're an ass, man. needle in a haystack with this bottle label. state liquor store had nothing like it in stock. so long ago, bottle might not even be manufactured anymore. they didn't recognize it from anything back then either. hit up the liquor control board, see what i can find. this chandra girl-- chandra patterson. on the list we got from billy's dad. how come choir girl never came forward after he was killed? lil, you know this kid over here? that's the same dude from yesterday. uniforms picked him up on a d&d, asked for you. thanks. hey. you ked for me? uh, i did? what's your name? um... why'd you ask for me? downstairs, your name's on that board thing. try again. you came in yesterday. give me your i.d. sean thomason. really? that's a pretty good fake. what do you, uh, what do you do here? homicide. why? y

"flamingo," herb jeffries, i love herb jeffries, with the ellington band.t. nick clooney: "indian summer." peter marshall: i love it, my favorite song. ginny simms and the kay kyser band. nick clooney: "cow cow boogie." peter marshall: ella mae morse with freddie slack. "tampico," nick clooney: [singing] from the gulf of mexico. peter marshall: june christy with stan kenton and dozens more of the greatest big band songs ever recorded. [music playing]. narrator: nothing compares to the great big band sound. pledge at the $150 level and you'll receive the amazing cd set, featuring dozens of hits from the big band vocalists on five cds. [music playing]. ♪ ♪ this enduring pbs collection includes the greatest vocalists singers, and songs. plus a special disc of hard to find instrumentals of the big band era. [music playing]. share the experience of the great big band sound. pledge at the $150 level and you'll receive the amazing five cd set featuring over 60 hits from the big band vocalists. [music playing]. tj lubinsky: you know the wonderful thing about pbs is

here. >>> on friday amp, the new 113th congress including the gentleman here at the table, hakim jeffriesion in immediate aid for victims of hurricane sandy. the 9.7 billion is a fraction of the $60 billion aid package passed by the senate that earlier this week without any explanation whatsoever, house speaker john boehner decided not to vote on before the 112th congress ended. the decision occasioned a rare full-scale full-spectrum mutiny from in knowledge and new york republicans. on wednesday, republican kons congressman peter king of new york, attacked his follow congressmen across the country. >> i'm saying right now, anyone from new york or nmg knowledge that contributes one penny to congressional republicans is out of their mind. they wonder why they're becoming a minority party and why we're a party of. minority but what they did last night was so immoral and disgraceful and irresponsible. >> new jersey governors chris christie blamed not only his nell low republicans what he called a betrayal but specifically john boehner. >> there's only one person to blame for the victims. the

we had hakeem jeffries here and you're from coney island.ok at the data, how does it line up with your personal experience and what is your understanding of why homicide have come down in the city so much? >> i think basically, what's happened is the spike of jobs. the economy coming back to new york city. i think the fact that people now are starting to understand that murder is something serious. crime is something serious. people out there selling drugs. people getting involved in that lifestyle, people want to change their life nowadays. so basically what we're seeing is a turn around, especially in my community in cope any island. there's a spike of jobs and a promise of jobs. they're building and building. a lot of these senators, they've put funding in place so we can train these individuals because they don't want coney island to be known as a gang-plagued community as we're building. >> are you saying that people's understanding of how acceptable violence is in dealing with rival gang members, that that's changed over time? >> yes,

i have to throw out reverse kudos to people like jeffries.o 500 from 800. socgen doing same thing. deutsche bank. this is not some little stock where you see the dramatic ups and downs. this is the biggest, used to be until today, was the biggest stock in the world. how can you have one day to the other 0% price target drop? where were these analysts? >> you will have to ask them that. david: i mean, let me refine that question a little better. there are a lost stockholders of apple who say you know, to have that dramatic of a drop, a 40% target price in one day shows a lot of analysts were asleep at the wheel. do you agree? >> yeah. you know. quite honestly you have a lot of analysts believing in products that didn't exist. believing in growth numbers that weren't real, or were never going to be real based on the amount of money that exists in the world. you had a lot of expectations, you know, that the greatest of companies of all time couldn't meet. sandra: all right. let's focus on you though, andy. you were somebody who did warn investor

jeffries auto analyst peter nesvold says automakers make $12,000 to $15,000 in profit for each full-size truck they sell. >> to put that into perspective, small cars might be anywhere from $2,000 to maybe $4,000. so when you get that shift towards trucks, that's quite powerful to earnings. >> reporter: g.m. has two new models, the chevy silverado and g.m.c. sierra. >> the truck margins are still certainly strong for us; they continue to be for the entire industry. and with this new truck, that'll be no different, but it's still a great value for the customer. >> reporter: even with the higher margins, buyers may find some deals as truck makers work to move older inventory off their lots. pickup trucks made up about 11% of the u.s. market last year, well below the historical averages. the ford f150 has been the best- selling truck in the category for decades. ford is looking to maintain that dominate position with its new atlas concept, though it likely won't hit showrooms till late 2014. >> we're showing off this concept to show you the design direction that we are going in the future, a

. >> assistant jeffries & general and cfo for the public utilities commission. we appreciate the consideration of this proposal. it includes bond documents, a tax certificate, as well as a surcharge fund ordinance and most important that it provides rate-payer relief and savings. with that in mind i would like to thank the sponsors, the mayor's office, as well as supervisor chu. before you is a wholesale customer repayment, who purchase about two-thirds of all the water next hetchy system have the opportunity under their contract arrangement with the city to be able to pre-pay capital costs repayment. and these are old capital costs that were incurred previously. monday we sold our own sewer bonds of $19 2 million worth, our wholesale customers as well are able to issue bonds and now experience refunding savings. the approval would include pre-payment and [kphr-ebgs/] agreement, as well as sfpuc tax certificate, very similar to the review when you review our bond approvals for when the sfpuc is an issuer. in this case the issuer would be the wholesale customers

. >> assistant jeffries & general and cfo for the public utilities commission. we appreciate the consideration of this proposal. it includes bond documents, a tax certificate, as well as a surcharge fund ordinance and most important that it provides rate-payer relief and savings. with that in mind i would like to thank

jeffries auto analyst peter nesvold says automakers make $12,000 to $15,000 in profit for each full-size truck they sell. >> to put that into perspective, small cars might be anywhere from $2,000 to maybe $4,000. so when you get that shift towards trucks, that's quite powerful to earnings. >> reporter: g.m. has two new models, the chevy silverado and g.m.c. sierra. >> the truck margins are still certainly strong for us; they continue to be for the entire industry. and with this new truck, that'll be no different, but it's still a great value for the customer. >> reporter: even with the higher margins, buyers may find some deals as truck makers work to move older inventory off their lots. pickup trucks made up about 11% of the u.s. market last year, well below the historical averages. the ford f150 has been the best- selling truck in the category for decades. ford is looking to maintain that dominate position with its new atlas concept, though it likely won't hit showrooms till late 2014. >> we're showing off this concept to show you the design direction that we are going in the future, a

jeffries has 3,800 workers.hey had net income of $323 million. >> he takes 45. >> he got 45. >> he got more than 10% of the net income. >> three-year restricted stock. jamie dimon got 11.5 million. 11.5 million. a quarter of that -- and instead of 3,800 employees they have 258,000 employees. instead of $32 3 million, it had income of $321 billion. and goldman, 32,000 employees, $7.5 billion in -- net income. and lloyd took home 21. >> your question, is he the most valuable person on wall street. >> in two out of three years, he's been the highest paid financial services guy at a medium level firm. but god bless him. see, i'm on his -- i'm always on the other side. you know, if you can get it, if it's in your contract, they owe you. >> but this is crony capitalism. >> his stock -- the stock is up, the stock is up 154% since he took over in 2001 versus the s&p 500 up 14%. >> god bless him. >> turnaround right there. >>> the dow closing in on 14,000. let's get outlook on what to expect today. from the fed and from

jeffries and vera just picked up rosie's dad at the shipyard. ( clears throat ) what do you got?ke toya. it's not. it's rosie. oh, just diagramminghey mike. this accident are you up to? with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the internet that isn't true. where did you hear that? [ both ] the internet. oh look. here comes my date. i met him on the internet. he's a french model. uh, bonjour. [ male announcer ] state farm. more mobile than ever. get to a better state. when was the last time you saw your daughter, mclean? five, six years. lost track. and you never visited rosie all the time she s in the hospital? then why'd you set up an account for her... you not givin' a crap and all? i'm her pops. i wanted to help her. or shut her up. you know how toya died? backbone busted to bits. skull, too. oh, no open casket for her. violent guy who'd do something like that, huh? i wouldn't kn

i'm following the motion of the blackberry maker, see the stock up 6%, the last time jeffries had a buywo years ago. in april of 2011. they're back to the buy rating. have a new price target of 1950 up from $13, a lot of people in the industry are loving it. netflix covering up. ashley: luring away california companies, more and more states going straight the golden state to sell, take some business away by promoting themselves as tax havens, if you would like. tracy: but first, look at some of the winners and losers as we head out to break on the nasdaq. we will be right back. ashley: some breaking news for you. the tsa confirming this going to remove the controversial full body x-ray machines from airports by june of this year. they produce a naked image of travelers, the tsa says they will no longer be in operation by june of this year. tracy: i just went through coming and going wasn't even thinking they were taking naked pictures. ashley: even in this economy they're spending thousands of dollars in rv. dealers and buyers are coming together right now in tampa, florida, where the l

. >> why does jeffries say -- is it just idle? >> when you do the math on a $15 deal, you're talking $25.5 billion value, and you've got to take it down a bit because of the cash position. we don't know how much is overseas, and if you bring it back would get taxed significantly. but the numbers are significant in terms of the equity check. that is probably the largest gaining factor. maybe there are big pension funds that want to step up and own a lot of dell and would help out here. but private equity, listen, club deals are frowned upon. two or more players getting involved in one deal. fighting charges of collusion on another matter. i have a hard time seeing it potentially happen. but it's not impossible. >> what's some angel we haven't thought of. i'm always thinking -- >> and overseas. >> maybe we're being too united states centric. there are billionaires galore overseas. >> there are. >> i haven't heard any of those names. then you have to come back to the economics of the business itself. you know better than i do. what k

economist at jeffries. you. >> good morning. >> are you upbeat about tomorrow's employment report, non-farm payrolls? >> i'm pretty upbeat. i think we'll be a solid reading on the private second sore side, i think we'll get an increase of about 188,000. we'll probably lose about 8,000 government jobs but i expect that we'll see a rebound in construction activity and we'll get a little bit of a post-sandy boost as well, i think. >> that's interesting. so you don't believe that the fiscal cliff -- the fiscal cliff will have negatively impacted the figures potentially. >> i think it will on the margin but i think that will -- otherwise the numbers would have been stronger. the only weak spot in the adp data this morning was a relatively modest 25,000 increase in small business hiring. small business seems to be the sector of the economy that was most concerned about the fiscal cliff. medium sized and larger firms, less so. so if we'd had a stronger reading from small businesses, i probably would have had an ev

jeffries downgrading. citigroup making a call here. another downgrade. >> this is one of the great growth stocks of the year. if i put it through here, you would have seen it like that. ross stores i think is a regional to national player doing incredibly well. but it has been faltering, not unlike bed, bath & beyond. this stock is a down stock and it's going up today. do you lighten up on that? i don't think that's a bad bet. >> citigroup saying downgrade that name. urban outfitters, a little more optimistic. >> this bucks the trend. jeffries had been far too negative, they went from sell to hold. i think they had a strong holiday soap. they have new management. become very much house wear oriented. i still think that the house story, homes going up in value, i think even though the stock has been going up, i still like it. >> what a hit here. >> they go target 27 to 6. a record year for the stock. it is way, way down. i don't want to touch this thing. this is a commodity player. >> where was jeffries $20 ago? 27.6. >> i like that. th

gets an upgrade from jeffries. that is sending shares soaring. >> the morning after the s&p 500 hit another five-year high, the dow ended the day short of a similar milestone. fourth quarter gdp came in above expectations. general electric seeing growth in china. revenues beating forecasts. the link here between ge and china, jim, of course, industrials, the margins were great. hitting on all cylinders and the forecast for 2013 also very strong. >> there was an analyst meeting a month ago and there were reports that was subdued. this is not a subdued this morning. countries with natural resources spending again. china definitely decided that. also, many, many articles today. i don't get it, how this is still a financial company. this is the least i've ever seen it be a financial company in the time i've been following general electric. i think that whole wrap is being put to bed right now. >> it is still a significant portion of earnings. less so than it was. when we looked back at '07, it included nbc universal as

pretty strong with a balance sheet and its peg ratios and the estimates, it's been price targeted by jeffriesn. >> cerner's gotten too rich for my taste. it's too expensive. i think there's a lot of people shooting to get some. i'm going to say don't buy. >> don't buy, don't buy! >> i need to go to antonio in new york. >> caller: mr. cramer, love your show. all the education, especially helping the portfolio because it helped the marriage. >> thank you. >> caller: i've been loving the regional bank stocks over a year doing great with the exception of fnfg. >> they bought more than they can chew. they ended up growing too fast and did it at the wrong time and i'm glad to say don't buy. >> don't buy, don't buy. >> i do not need to be in that and that's a shame because they did a lot of smart this things, but they expanded too quickly in the downturn. now i want to go to oliver in texas. >> caller: hi, boo-yah and howdy from houston. >> i'm loving houston. >> caller: cets. >> we like that. that's a pet pharmacy. and i saw some guy downgrade petsmart today, down six. i question that downgrade, i

>> now facing five years in state prison, jeffries was feeling less forgiving toward her mother and her decision to press charges. >> you guys have probably one of the most [ bleep ] uppest relationship, yes. if she needed blood, i wouldn't give it to her. if she was on her dying bed, i wouldn't even go. i have forgave myself and god has forgaven me. so i'm done. >> monique was born as a monster. and i said i'm going to take this creature off the street because i created her. i hadn't seen her in two years, and i brought her back into my home. i'm embarrassed that my own child beat me the way she did. and that's all i got to say. bye. >>> right now we're going to call the sergeant, let them know what's going on. and there's urine coming up the floor. >> recently sentenced to prison, a troubled, young inmate attempts to make a final impression on staff. >> why can't you ask like you have some sense? >> another inmate acts out in order to achieve a very different goal. >> i'd rather be someone for myself where i can focus on getting out, traveling to get my life back together. >> she didn

howard labelle with jeffries, highly regarded there, put out a note. listen, this might be overdone. i'm understanding this is pictures of the japan airlines plane and it does appear to be a 787. as we understand it, it was preparing to take off for tokyo narita when there was a fuel leak for one of the engines. crews have been there responding. it doesn't appear there's a threat to any passengers or crew on board. the issue for investors, particularly those in boeing stock, is whether or not this is another problem for the dreamliner. >> yes. >> i want to get back to that note we were talking about. he put out a note saying, listen, dream liners had noticeable progress when it came to ramping up production. investors are walking on egg shells when it comes to this high profile program. the sooner the solution -- talking about the fire investigation -- sooner fined a solution, the sooner a bounceback in the shares. clearly that's not happening today. with regard to the incident yet. ntsb tells me they expect to have an update on that investigation late

jeffries, $15 to $17. where were the options traders playing? >> i think they were probably more in line with david's numbers, actually. we saw a lot of calls trading today. some of the 12 1/2 and 13 1/2 strike calls and the 15s. but what was notable there was that they were actually some call spreads being traded. buying 12 1/2s, buying slightly lower strikes and then selling the 15 against it. so, basically, that's a thread the needle trade. they must have priced this one pretty well. what you are expecting is some what better than the 12 1/2 level, but below $15. and that's where those things were trading, almost 40,000 calls on both of those strikes. >> all right, karen, what do you say? this would be a massive deal. >> it's a massive deal. doesn't look that attractive to me right here. you have all the down side of financing package falling apart, though obviously you have a big equity holder. i would not be shocked to see them announce the deal and you to have a shareholder uprising that said it's not enough. and if you get a big enough pe

. >> jeffries continues to tour like mad. he figures the comedy store punch-out won't be his last time getting up close and personal with the audience. >> i've probably done anywhere between 2,000 and 3,000 shows in my career, and it's only happened once so statistically not too bad. there's been other comics it's happened to. i'm the only one that's caught it on film. >> the next time you want to check out that comedy show, baseball game or surfing competition, the best and the safest seat in the house might just be right in front of your own tv. i'm contessa brewer. that's all for this edition of "caught on camera." >>> a dangerous chase. >>> i hit him and he came back and started firing at me. >> a daring maneuver. >> i saw the wheel coming at my face. >> a crash not to be believed. >> he was bent in half. >> one dog leads a trooper to a burning building, and the dog whisperer tells us why. >> the dogs was charged with the message, get us help. >> this dog takes a bite out of a bumper. >> as you see, he's playing. he's not

new york democrat hakeen jeffries said it's already taken too long. . >> it's unacceptable given the nature of the disaster that people at home have experienced. we have defaulted on our obligation to provide assistance to americans in need. we're a day late and a dollar short. in fact, we're 78 days late and $51 billion short. >> sreenivasan: the senate approved a $60 billion aid bill at the end of the last congress. but house speaker john boehner delayed action at the time, sparking an outcry from congressmen of both parties. more than 80 people were killed and dozens wounded in syria today. opposition activists said they died when twin explosions ripped through a university in aleppo. the first day of exams turned into a scene of chaos as people ran from the carnage. cars went up in flames, and the school's grounds were littered with debris. it was unclear what caused the explosions, but activists blamed government forces, who in turned pointed at rebels. political turmoil in pakistan deepened today, as the country's highest court called for the prime minister to be jailed. the de

. >> jeffries downgraded from buy to hold, $59 price target september 21st, that's the high end targetot going to raise the dividend until 2017. the better play is walmart. >> shares of facebook getting a pop today, jpmorgan increasing its price target, simon, there was also some other positive chatter on the street about this one. >> basically making strong progress in mobile and mobilization, the whole story is about facebook and they've come out with two new revenue generating products, real time bidding and gifts. >> and tiffany is getting a bump. >> it's more of a global outlook than u.s. outlook. stocks are well down from ties, people play china and asia through tiffanys. >> the top performers in 2012 are the financials, higher today on the fiscal cliff deal and our next guest thinks those gains will continue. fred cannon is kbw's director of research. happy new year, good to have you on the show. >> great to be on, happy new year. >> great. >> year for financials, a lot of people wondering whether it can continue, maybe not to the same levels but what is your outlook? >> a great

early flu season in eight years and higher than expected flu prescriptions was one of the reasons jeffries upgraded walgreens today. what under the weather trades could lead to some healthy profits? and karen, you've been in cvs for a long time. people go in for flu shots and buy other things. aspirin or what not. >> and cvs and walgreens need that traffic. walgreens really needs it. i've been a fan of cvs for a long time. i think their management is far superior. however, at this valuation differential, i think it's okay to own walgreens here. it's just too cheap. i think the damage from their express scripts dispute, i mean, it was ridiculous. they did such a poor job, but it's over. >> it's over. so, have you made that switch? >> i haven't made the switch yet but just looking at it right now -- >> how different is that valuation, though? aren't they both around 16 times? >> no, walgreens is much cheaper. they lost a huge swath of customers that, half of which they may never get back, which is -- that's why it was so stupid to have that fight with express scripts, but no, it's 12 times.

the stock ripped higher an we saw jeffries upgrade the stock.eeing last week we saw bullish activity. here we seeing traders take profits or make short bets. looking all the way to the downside now and getting bearish on the stock. listen, people are throwing up their hands, the stock is broken out from a bottoming process and could have room to go higher. one thing to be prudent about, maybe trim the position and take profits. we saw microsoft after their release, we saw the stock down since the surface release and iphone 5 is done. whether coincidence or not. i would be careful about owning the stock all the way to the upside the next couple of weeks. >> this is a real trade? >> definitely a trader's market, around 5 to 6% a day. you have to trade in and out and now you sell and maybe look for a better entry level. >> for more options, be sure to stay tuned for "options action" right after "closing bell." [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's

jeffries writing that a shift to the older generation has positive implications for the e-commerce andnline ad space. in response seeing those stocks move higher. let's talk social media, shares of linkedin was given an outperform rating. groupon, among others, including facebook move higher. the bulls continue to plow into this event ahead of the mystery press event and take a look at research in motion, today's top-performing stock on the nasdaq 100. reuters writing that three of the top u.s. cell phone carriers signaled this week that they would support the blackberry ten products, verizon, t mobile, once again a lot of rights optimism ahead of that blackberry ten launch on january 30th. back to you. >> seema, thanks so much. 35 minutes before the closing bell sounds for the day. a market is sitting at the highs of the day with a gain on the dow 76 points. >> gm and ford both hitting one-year highs with ford making a major announcement today. details on that and then a debate on which automaker's stock is the best bet to drive even higher? >>> also ahead could, solving our nation's

it looks -- don't sell it for that. >> jeffries leapwire hold or sell?id fablers, always breaking stories about this group. i don't think -- >> merrill columbia sports? >> i happen to like their stuff. this was a major inventory problem. >> gorilla class turned out to be not what we thought it would be. >> asml. >> this was not a good quarter, and the stock is up. that just tells you how pent-up demand and how short people are for ultraviolet lithography. >> goldman likes hertz? >> yes, i think it's been very misplaced. >> and i guess that's all we have. like through six. >> i think there's -- this hertz is very interesting. the guys all downgraded on valuation. goldman said, listen, valuation is very inexpensive. let's go back to asml. i think there could be a developing short squeeze in tech. autonomy, like hello, what are you buying there? it's like a supplement -- no, that's herbalife, but i feel there are lots of people who say, you know what? tech, i've got to get in non-apple tech. that's what this is about. asm was a disappointments, came over in

. >> she has never seen the sting video where jeffry was caught. >> coming up next on dr. phil! ♪ >> before the break i promised a surprisingly simple way to make you look younger, and more attractive, instantly, no procedure required. what is it? >> smiling! >> right. >> and what's interesting is, people subjectively say when you smile, you look more attractive! and ... >> you look younger. >> and ... >> it improves your mood instantly. >> so ... >> so smile! >> those are doctor's orders. thank you so much for being with us. and of course, you can find the answers to your medical questions at www.thedoctorstv.com. thank you so much for being with us! [ crowd cheering ] [ applause ] >> smile! [ crowd cheering ] [ applause ] ♪ [ cheers and applause ] ♪ >> (male announcer): live from the bay area this is the kron 4 morning news. kron 4 news at 4am start now. >> good morning. it is january 8th. we're taking a live look outside for more roof camera looking back at san francisco. >> good morning everyone i am anny hong. >> and i am james fletcher. >> we do have a dense fog advisory i

at 11 pee jeffries saying the news about the supply chain says nothing with regard to their thesis so the estimate. one of the things i want to show you, guys, etfs heavily weighted in apple. look at influence of apple is having on etfs today. spdr technology, closely tied to the s&p technology sector which is the biggest loser today. that is one of the biggest losers as far as the etfs are concerned. so everything is affected. by the way, tracy and lori, apple reporting earnings a week from tomorrow. so everybody stay tuned. might be a warning from the company. tracy: that will be really interesting. sandra, i will stand by my own personal opinion. samsung galaxy will take over, it doesn't fit in your pocket. lori: that is important. tracy: us did not fit in your pocket. there is no way that -- not mine. that little sleek iphone. lori: back pocket is smaller than most of ours. tracy: not true. i'm just saying. it is not practical or need a bag or something to carry the phone. it is not going to work. speaking of digs any, that is my formal invite. disney looking to make a flash in ga

jeffries: it is not designed to give the president the power to spend more, it's a backward looking vehicle to give the administration the ability to pay bills that have been incurred by the congress. we've all sworn an oath to uphold the constitution. we therefore have a constitutional obligation to protect the full faith and credit of the united states to prevent a default and to stop holding the economy hostage to economic and ideological extremism. the american people deserve a meaningful, long-term increase in the debt ceiling that will give us the stability to create economic growth. that's the reason i urge a no vote on this legislative gimmick. mrs. miller: i reserve my time. the speaker pro tempore: the gentlewoman from michigan reserves. the gentleman from spelve recognized. mr. brady: madam speaker, it's my pleasure to yield one minute to the quished democratic leader, ms. nancy pelosi. the speaker pro tempore: the gentlewoman is recognized. ms. pelosi: thank you very much, madam speaker. i thank the gentleman for yielding. i thank him, our ranking member on the ways and means co

jeffries cut its price target writing that near term challenges persist.m bullish trends and that according to management baidu search is pre-installed in 80% of brand android phones. default search engine in china. and that baidu in the long term is strongly positioned in the online travel and video ad vertical. so perhaps those bullish comments helping shares of baidu outperform in today's trade. back to you. >> thank you very much. big story today, walmart the nation's largest gun retailer heading finally to washington. the big box retailer meeting with attorney general eric holder about gun control later today. our own eamon javers joins us from d.c. a number of areas of interest here. i guess the first is that it's not actually a meeting with vice president biden after all the doing and froing. >> yesterday there was a lot of confusion about the walmart meeting it. initially walmart said it was not going to send anybody. and then walmart confirmed that they would take part in the biden-led talks taking place here in the white house complex. what we le

. >> peter misek at jeffries.of america brian moynihan joins us live from davos and the world economic forum. before we go to break, a look at markets. the dow hovering near session highs and the s&p flat at 1500. we'll be right back. ♪ ♪ [ male announcer ] it was designed to escape the ordinary. it feels like it can escape gravity. ♪ the 2013 c-class coupe. ♪ starting at $37,800. ♪ >>> the financial sector has seen a steady decline, outperforming the broader market 2 to 1. bank of america up more than 20% over the past three months, outperforming citi, jpmorgan and goldman sachs. we're going to talk to the ceo, brian moynihan, live from davos in just a few moments. in the meantime, there is an incredible amount of information coming into the s.e.c. for review. six terabytes of digital data, e-mails and documents every month, as part of the continuing series, gary kaminsky got rare access to the unit that has to dig through all of that. incredible. >> just to put that six terabytes into perspective, if the s.e.c.

jeffries: our response has been characterized by delay of postponement. it's unacceptable given the nature of the disaster that people at home have experienced. we have defaulted on our obligation to provide assistance to americans in need. we're a day late and a dollar short. in fact, we're 78 days late and $531 -- $51 billion short. new york, one of the original 13 colonies, has given much to the republic over the last 236 years. our sons an our daughters have died -- and our daughters have died in each and every war. f.d.r., tremendous statesman, has helped us get through the great depression and we regularly give more to the government than we get back in return. i urge a yes vote on the entire package. the speaker pro tempore: the gentleman's time has expired. the gentleman from oklahoma is recognized. mr. cole: i reserve the balance of my time, mr. speaker. the speaker pro tempore: the gentleman from oklahoma reserves. the gentlelady from new york is recognized. ms. slaughter: mr. speaker, i'm pleased to yield 1 1/2 minutes to the gentleman from new

senior tech analyst at jeffries.anks for having me. >> i feel like we've had a drum beat of questions when it comes to demand for the iphone 5. a number of analysts saying component orders are going to be down, and now we have the reports from the "wall street journal," also the nikkei stating the same thing. >> we think this is old news. we think all of these cuts happen around mid-december. we were in asia, in fact, we were in tokyo, where a lot of these display companies are based, and these cuts are talked about. we talked about the fact that they were hoping that iphone demand would be a lot stronger through q4, and those optimistic projections didn't show up. so they've been curtailing production of components as inventory levels sort of stabilized with demand. what it means is, it's selling well. but not as well as they'd hoped. >> is it concerning that it's not selling as well as it hoped for this quarter, and then we're entering another seasonally weak quarter? >> we look at it as a bit of a letdown obviousl