. >>> elsewhere shares of manitowoc popped after carl icahn disclosed a stake in the crane company. that's where we begin tonight's market focus. what activist investor icahn wants to do he feels it's undervalued. he has plans to push this company to split into two, separating its crane business from its food services business. recently another activist launched a similar campaign to improve manitowoc and shares were up 9% to a high of $22.79. >>> google's e-mail service g-mail has been blocked in china in what may be a government attempt to limit or ban access to google services there. the drop in traffic seems to have started on friday. class-a shares of goog many were down $4.21 to $537.31. and caesars entertainment said about 40% of senior bond holders have backed its restructuring plan to improve its balance sheet. this comes after it recently said that it would acquire caesars acquisition. shares of seizers down a penny to $15.45. >>> starting today shipping a package with u.p.s. will be a little bit more expensive. its rate hike of 4.9% went into effect. fedex also upped its

>> let's start with what's happening with manitowoc. i just like to say that name. icahn called the shares undervalued and wants to discuss the possibility of splitting the businesses up. another stock in the green is gilead sciences. best performer in the s&p 500. helped along by an upgrade of overweight due in part to the recent slide in the shares and let's finish off with a move in utility stocks. they're on the upside here. they're near record highs for the dow jones industrial. leading agl resources, xcel energy and teco energy. up almost 30% in just 2014. >> one more time. >> manitowoc. i love saying it. >> we love you, dom. thank you. interesting, bill, as well joking about how it wasn't good to be a bear this year. frankly as a person on twitter pointing out, you bet on utilities, 10-year, u.s. dollar they paid offhandsomely for you in this market. >> exactly. >> and as 2014 draws to a close, cnbc is breaking out the 2015 playbooking looking at ways to make money in the coming year. >> we're looking at defense. here's jane wells. >> reporter: spending cuts?

manitowoc. >>> called yet another audible before the break and asked our smart guys here which retailerformer of all of them this quarter. the answer, guys, rite aid. >> wow. >> up 58% this quarter. it is closely trailed by staples. so two names may. baron's announcing its ten favorite stocks for 2015. but do our traders think these calls hit the bull's eye or something else? first up, is general motors. who wants to tackle this one? >> i'm staying away. >> i don't love ts this call. i think -- i get what they're saying, they see earnings going up a lot. now all these one-time items like recalls and closing a plant in germany and problems in this country and that country, so they say all right, earnings will explode now that alls these things are done. the thing with gm it never ends. they're always extraordinary items. always another charge. for that reason, i'm out. >> there's always a pontiac astech. >> you may see focus on subprime auto financing which has ballooned and potentially hazardous for people that went in there. they're taking credits that housing industry didn't take and

and carl icahn's latest target crane maker manitowoc. how was that?unciation. >> according to a set fine -- i'm sorry. s.e.c. fine he's taken a 77% stake saying the stock is undervalued. he plans to talk to management about separating the company's services. >>> we're going to go overseas for a moment. back to the missing airplane. the hope fading sadly for rescue. we're joined from the airport in singapore this morning. martin, good morning. >> yes. hello. you're absolutely right. hope does seem to be fading. we are more than 36 hours now since last contact with airasia 8501. we have reports that day two of the search and rescue, that's wrapped up. it's not extending into the night. in a word it's nothing. the head of search and rescue operations had this to say earlier today. >> translator: our evaluation of the coordinates we received suggest it is underwater. our presumption is the aircraft is under the sea. >> so a very direct blunt, and maybe even brutal assessment given the fact there was nothing conclusive in terms of evidence. the search is g