in shirley, new york, i'm mary thompson. "nightly business report." >> to read more about the demand for air traffic controllers, go to our web site. nbr.com. >>> license, registration and certificates may be holding back hiring in some industries. the details coming up. >>> even though the u.s. is on track to add the most jobs in a single year science 1999, cumbersome regulations are being blamed for getting in the way of more jobs. steve liesman with how licensing requirements impact hiring. >> reporter: what do a forest, a man curist and an interior designer have in common? in the country the government requires a license, registration or certificate to go to work. and some states even bartender get the piece of paper. license and registration requiremen soared from 5% in 1950 to now covering a third of all u.s. workers. economists like university of chicago's steven davis increasingly point to local state and federal rules to explain why the u.s. job market taken longer to rebound. >> business formation, job to job mobil

mary thompson with us. i gather it was a conservative one today. >> reporter: it was a fairly conservative outlook but also, i think it's a first time in a few years since we've actually heard g.e. give actual numbers. the company is expecting to earn $1.80 a share and $1.75. on the call, jeff said this did include a worst case scenario. they don't know where oil is going but it gave some room to manage if oil prices -- >> what did he say beyond that beyond oil and gas and why is it so important? >> the reason it was so important, oil and gas business has been a revenue and profit driver for g.e. it's grown tremendously over the past few years. that won't be the case in 2015. lower oil prices mean revenue in this segment will actually decline by about 5%. that was the forecast given. additional, keep in mind, g.e. is making these acquisitions to $4 billion and tend to be in the energy space. said he likes the space but th right now. >> what about the broader company, what about the integration of the french

mary thompson was there. >> reporter: high above the streets of new york, the falling price of oil, a popular topic at the annual deal book conference. >> lower oil prices are like a tax cut to the economy. >> reporter: goldman ceo lloyd blankfine said it's good for the u.s. and better for europe. >> europe should be ecstatic. europe is far and away on importer of oil. it's a very big boon to their economy. >> reporter: lucy's lower oil causing additional damage to the russian economy wounded by sanctions led by military actions in ukraine. >> i think there's a kind of perfect storm right now of pressures on russia's economy. now it's even weaker because of oil prices. >> reporter: here in the u.s., oil's recent plunge shaking the stock market. though hedge fund titan ray dalio said it's in tact thanks to around the world but worry is that the central bank's helping will be limited down the road. >> we are long at equities and holding those positions and it's a reflatively good time. i'd be worried if we took a year or two in the future, what the effectiveness of monetary policy will

for "nightly business report," i'm mary thompson. >> and to learn more about new banking regulations for 2015 go to our web site nbr.com. >>> still ahead, common money mistakes we all make but there's still time to avoid them before the year is out. >>> decade ban, uncle sam may allow u.s. produced oil to be sold overseas. just today, a unit of the commerce department told several domestic oil producers that they should consider now exporting a form of crude oil called processed condensate to buyers outside of the united states. in the meantime the price of oil closed higher today on expectations of a decline in u.s. inventories. light sweet crude rose 51 cents, settled at $54.21. and brent closed at $57.90 a barrel. >>> u.s. oil production revs up it's a different story at dozens of west coast ports where a worker slowed down is costing companies millions of dollars keeping shipments waiting days or even weeks to be offloaded. jane wells has more from the port of los angeles. >> it is a traditional bed with contemporary touches on it. >> reporter: the port has gone hollywood, even a

mary thompson is back at hq. >> it appears theres a fairly major blackout in detroit.dred buildings right now. the mayor's office is going to hold a briefing a little later. but a lot of the buildings effected have been municipal buildings in detroit along with joe louis arena. and there is a blackout. it's affecting about a hundred buildings and the mayor's office will have a briefing. we'll keep you updated. >>> thank you. google backed genetic testing company coming to the u.k. the company strug wldgled with n in this country. >> we're a medical device. so we're going through the medical device process with the fda. >> interesting discussion this morning. all the questions involved and whether -- what kind of regulation you node when you are getting answers to questions like this. >> sounds like not the end of the road here in the u.s. >> hard to keep up. dow is up 67. let's toss it over to the judge. heel take over the halftime. >>> thanks so much. welcome to the halftime show. let's meet our starting lineup for today. stephanie link, josh brown, and jon and pete n

mary thompson, michelle caruso-cabrera, jackie deanxious husba deangelis, but let's start with kate wrongers. >> we have a turn around here at the nasdaq. up nearly a third of a percentage point. biggest comeback since october 16. nasdaq composite still the worst performer out of the three major averagers for the month of december so far. am hehe will apple, amazon, microsoft all in the green. other big movers, o'reilly automotive, western digital up over 3% each. consumer names also seeing gains. staples and green mountain also up. if the nasdaq can finish the day high erk it will avoid its first into day losing streak in more than a month. >> now mary thompson, how are things looking your way? >> a lot better than they were this morning when the fear trade was firmly in place. worst part of the session about 10:30 this morning, dow down 222 points. we continue to see a trend starting with the gains that we're seeing in energy stocks. oil has recovered a bit. one of the weakest performers has been airlines guess spite t despite weaker energy prices. spirit has seen increased competition. an

. >>> we have a news alert now with mary thompson. >> hey there, mandy.e have news concerning goldman sachs, john wauldrin has been named one of the three co-heads of investment banking at the firm. he replaces john weinberg who is a vice chairman and will continue at the firm. but he's giving up day-to-day management of the investment banking division. mr. waldrin has long been a rising star at goldman sachs, holding a number of different roles at the bank. in a memo that was issued to the bank, this is coming from "the new york times," the company's ceo, lloyd blankfein, writing that john has helped us to develop many of the firm's most important client relationships and drive our global coverage strategy. mr. waldrin joining goldman sachs back in 2000. mr. weinberg who he's replacing joined the firm back in 1983 and his bloodlines are deep there at goldman sachs, having a father who also worked there as well. back to you, mandy. >> thank you very much, mary thompson. >>> up next, why gm is saying nyet to russian car dealers. we'll be right back. >>> pl

mary thompson, thanks a lot. >>> we begin tonight's market focus. the apparent of dunkin donuts issued weak sales guidance. outlook trailed previous estimates. it blames slow sales of packaged coffee in restaurants for that disappointing forecast. shares off by about 7%. they finished the day at $43.05. management changes at kraft foods that sent the stock higher. company's ceo is retiring later this month and its chairman will replace him as the velveeta maker tries to accelerate its growth. shares pop more than 6% today to $63.38. >>> and higher prescription drug sales helped rite aid increase the third quarter profit on that. the drugstore chain hiked the full year earnings forecast. the stock closed at $6.78, about a 12% move today. strong numbers and strong market helping there. >>> acenture, the consulting and outsourcing company lowered the guidance for the year because of higher foreign exchange head winds but nvrds overlooked that. shares up $4.44 to $89.74. wynn bay goe did not participate. motor homes with a shorter profit, a key iowa pla

let's talk about some breaking news with mary thompson on general electric. mary? >> general electric is holding an annual investor outlook day today and the head lines crossing from the presentation given by ceo jeff immelt. the company saying basically 2015 earnings between let's call it $1.72 to $1.80 in line with estimates of $1.79. this is a breakout on the industrial side and around 60 cents from ge capital. some other headlines from that, 2015 industrial organic growth of 2% to 5% below 2014's growth levels and importantly the company sees issues. fx, russia, oil and gas is headwinds going into 2015. and we want to focus on this oil and gas segment that's a driver for ge lately. it's expecting revenue in the segment flat to up a bit. those are the headlines. the presentation is ongoing and more headlines coming up in the 4:00 hour. back to you. >> we're hearing from jeff immelt tomorrow on this network. would you characterize what you've heard as conservative? is that the right way to characterize this? >> conservative and as they put it in the presentation

mary thompson on the floor. carl, as you mentioned, dow off 32, off the lows, dow's down 58 points.seeing today strength in some of the more defensive plays, utilities higher, reits high, strength in the drug area as well today. overall tonight's weak because of the disappointing data we received from overseas larger than expected contraction in the japanese economy slowing imports in china as well as disappointing numbers on german industrial production. let's take a quick check of the dow components that we're watching today approach disappointing numbers out of mcdonald's. united technology detailing why the company's former ceo left. but keep in mind, there's an important meeting thursday when the new ceo, greg hayes, speaks to investors, that happens thursday 5:00 p.m. eastern. merck slightly weaker on the news of the cubist acquisition. watching energy. nymex crude below $65 a barrel. energy stocks weaker. we aren't seeing a corresponding uptick in transports. airlines coming out with news. american airlines investing $2 billion in planes and clubs. delta going through fur dif

mary thompson at the new york stock exchange and bertha coombs. mary, what has been the latest push to the down side? >> it seems some of the traders were telling me it was a technical issue for the markets. we had the s&p break below support. and then a decline in oil prices. we started the day below 65. energy stocks leading the markets to the down side today as we take a look at the energy index. a contributing factor was the leg down in tech. not only is the energy sector being impacted take a look at the high yield market. a number of these markets, these are energy companies. this is taking a hit, as well. we want to end with a number of energy stocks. whenever you have crude up and nat gas, all of these taking a big hit down more than 6%. the dow down 136 points. back to you. >> let's get to the nasdaq now and what's happening over there. >> same story. a lot of traders saying this might be something to follow. we saw the nasdaq 100 trading near the 200-day moving average and falling below that, a real technical selloff. among the big names

mary thompson here with the details. i assume we are talking about loans. >> we are speaking mostly about the regional banks. the energy -- right now analysts think the first risk is it could hurt loan growth. the other issue would nonperforming loans increase. banks are familiar with big f c fluctuati fluctuations. still among the universities of regionals covered by raymond james 20% of mid sized portfolio energy firms and much to the riskier oil service companies, over 18% of tulsa based financial portfolios and stock lower this week. the company's chief credit officer down playing the impact of oil slide and said portfolio split 60/40 and most loans are to enp firms secured by proven preserves that can fund loans using hedges to protect themselves. san antonio based is down as well. the bank's 15% exposure relatively high but ceo dick evans maintaining lenders protected by diverse group of loans conservative under writing and the fact that the bank has only lent about 15% of its commitment. the greatest risk is said

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mary thompson has more on that. >> i am in the simulator where they train students for air traffic control the faa has to hire 10,000 new air traffic controllers in the next decade. these are people that monitor the 87,000 flights that take off and land here in the united states every day. the skies may be friendly but there is a constant need for people who keep the order, air traffic controllers. >> they have to be hired before their 31st birthday and required to retire before the age of 56. >> reporter: she says demand is strong because sequestration curtailed hiring last year and because a lot of the over 14,000 controllers that work today were hired after thousands were fired in 1981. joe is a professor of aviation at dowelling college. >> if you consider 11,000 were hired between 1981 and 1991 there is going to be a large number of controlling leaving by their 56th birthday. >> reporter: so the faa needs to hire over 1,700 new controllers next year and almost 6,400 in the next five. accepted applicants will go through the training program followed by a couple of years of on the job t

let's get to the trading action this lunch time on the floor with mary thompson. it's become more of a broad markdown. >> that's a good way to put it. coming into the session, you had concerns about some of the global selloff that we saw in the other overseas markets and warnings here in the u.s.. i'm calling this a bit of a turnaround. i was speaking to a strategist and he said things that were working are no longer working. the question is whether this is a one day thing or start of a trend. so let's take a look at some of the sectors that will one wasn't working and now it's working today. we're seeing a bit of a bounce in the centering sector. this has been a big drag on the markets lately. different story today, we're seeing a pop in the oil prices, maybe we missing the dollar at play there. but this group has been a better performing sector today along with utilities. we also earlier today saw another drop in the dollar-yen. and it was flirting with this 20 day moving average of 118.16, an area where it hasn't broken through for some time. it, too, has come

mary thompson with more. we understand there are people trapped on elevators. >> officials are working right now to restore that power in downtown detroit after a massive cable failure that happened around 10:30 this morning. about 100 municipal buildings schools as well as joe lewis arena all went dark. the power outage affecting the denver people mover, elevated rail line that loops around the downtown area and cut power to traffic lights in certain parts of the city. state police have been brought in to help with traffic control. power is slowly coming back on and expected to be fully restored. dte energy which delivers energy is bringing in equipment so the public system can be moved to a temporary line. power at the courthouse was restored. students at effected schools were sent home early. detroit's mayor is scheduled to give an update later this afternoon and we will have details from that. >> thank you very much. >>> we want to talk about the single biggest take away from the north dakota trip. here i

back to the trading action and mary thompson. >> we just struck the highs of the day for the dow industrialsis record rally we have seen in fairly -- continuing along with the dow, russell and s&p we have seen gains in the utilities. two record levels in today's session. let's take a look at dow leaders. we are seeing strength in some of the worst performing. investors doing a little bit of bottom fishing. pfizer and wal-mart higher. wal-mart in the wake of positive retail sales for the holiday shopping season. utilities have been on fire lately. these are some of the best performers among the s&p 500 over the last month and strong again in today's session. we want to point out that some of the banks are hitting multi year highs. we could see short term interest rates high. that will be a positive for some of those with large retail deposit bases. morgan stanley trading at its best levels since 2008 earlier today when the s&p financial index traded at its best levels since 2008. a multi year high if not all time for wells fargo and bank of america at best level since 2010. dow is up just abo

mary thompson has the details. >> ge will tell you it has been doing business in russia. russian revenue accounts for about 1% of the total. as for profits firm doesn't break them out geographically. head count in the country has been cut. it employs about 1,500 workers in russia and operations expanding oil and gas, transportation and health care industries. russia is one of the several resource rich developing economies ge has bet on because of opportunities to develop those resources, system building infrastructure and serve growing transportation needs. ceo highlighting the growth in russia despite the political and social unrest in the 2013 shareholder letter. this afternoon starting at 3:00 investors will get to hear first-hand when he addresses at the firm's annual investor day along with questions about russia he is likely to build a number. a growth driver for ge so they are naturally concerns that the growth rate could be impacted by oil's drop to a 5.5 year low. ge's spokesperson saying the area most likely to be hit first by oil's drilling accounts for about a

mary thompson is here with me.nergy stocks but seems to be more to it than that. >> talked to a couple of traders and they said actually it was technically driven. you have the s&p falling below support here at 20.72. and then you add in energy stocks and sector weak throughout the day and then tech took another leg down, as well. so all of that combining for this 100 plus selloff we are seeing in the dow right now. >> everybody expected the dow to go through the 18,000 mark last year. there was disappointment that it wasn't able to do that. >> coming in we had weak data overseas from china, japan, germany. art cashin i was speaking to him earlier there is a historical negative bias to this week. december is a fairly strong month. once you get around the levels there is a little resistance you run up. people are looking ahead to retail reports out, as well. there are a couple of other data points that maybe investors feel they need to see before they push markets higher. >> thank you so much. >> thank you very much

. >> mary thompson, thank you. guy. >> something for everybody. a bear, the guidance was lousy.you're a bull the margins were better. i'll take the bull side and say improving margins are good in this space. to mary's point the stock has been on a tear, has rolled off from 38 bucks. it had trouble there most of this year but i think you can buy it here and i don't think you have to risk that much. you risk 31.5 to get you 38. >> let's talk twitter now. it could not rally today even after j and p securities initiated the stock with an outperform rating. shares of twitter have fallen 42% this year despite analyst support why does wall street love twitter so much. let's bring in managing director yousef who has a buy rating on the stock. >> thanks, melissa. >> analyst after analyst come on the show and say why they're so bullish about twitter and yet the stock trades awfully. what do you tell your clients? >> look this is by far the largest -- the stock with the largest volatility in our group, so it went as low as 30, went as high as 74. really depends on how you position yourself

mary thompson. thank you very much for joining us. and l lirks u to rest, we will speak with the path to reconciliation between the community and the police. reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates. [ female announcer ] just about anywhere you use sugar, you can use splenda® no calorie sweetener. splenda® lets you experience the joy of sugar without all the calories. think sugar, say splenda™ so ally bank really has no hidden fethat's right. accounts? it's just that i'm worried about you know "hidden things..." ok, why's that? no hidden fees, from the bank where no branches equals great rates. >> hundreds have lined up since early this morning. regular new yorkers and police officers not only from new york city, but around the country are expected today and tomorrow for the funeral. this was also a security issue. we have seen police here put cameras on light polls. there bomb-sniffing dogs and snipers on th

mary thompson is back at hq with more on that story.ed to more of that every year. >> that's right. this year could be a little bit different. there is a republican controlled congress coming in. that's likely to whittle away at parts of dodd-frank. dan ryan says the most likely change to the law, raising the size threshold for large banks subject to the heaviest regulatory burden. >> i think we'll see peelback on dodd frank and unity will be around maybe raising the requirement what is a systemically important bank in the u.s. the $50 billion may go to $100 billion. >> even if a smaller number of banks are deemed important, ryan says it's unlikely to reduce the anti-bank rhetoric from certain law makers most notably democratic senator elizabeth warren. >> she is the most vocal of the anti-wall street anti-bank crowd. she is both one trying to preserve dodd-frank from the democratic side but also she is potentially a presidential candidate. >> quite a platform. 10% dodd-frank remains to be written. in the new year watch for new rules in

mary thompson is here to explain. >> we are talking air traffic controllers.are at douling college. these are top students. they would easily get into the faa air traffic controller training program. that has changed. this is important. the faa needs to hire 6,400 new air traffic controllers over the next five years. the mission process changed that the students are no longer guaranteed a slot. still they come to these schools because they believe training like this they are taking in the simulator. sara talking to the planes getting out of the gates and sheena helping the planes to take off. this experience is invaluable getting them a foot in the door of their chosen profession. if you want to track the 87,000 daily flights in the u.s., you need a specific set of skills. >> one i look at is focus. the other one is situation awareness. another is multitasking. you have to have a person who is not going to panic. >> dowling college's professor has been teaching aviation for years. they stopped using them as pipelines for air traffic controller training program

mary thompson is live on the floor. >> hey carl.rally on this day after christmas shouldn't be a surprise because the s&p is usually up the day after christmas and extending the strong gains we've seen recently. let's look at the one month chart of the s&p 500. this hit a record earlier in the session. it's pulled back a point or so from best levels of the day. i want to look at the month's leaders in the s&p. a great many have been utility stocks. a defensive play there in response to lower interest rates. this in turn is helping to power the dow utilities average to a record high which it also hit today as well. within the s&p 500 if we look at the different sectors we're seeing multiyear if not record highs for a number of these different groups. of course, it shouldn't be a surprise. a number of factors, low interest rate, improving employment, record auto sales or strongest auto sales in at least a number of years. and all of this helping to power consumer staples and the consumer discretionary. s&p technology at its highest le

. >> what a day, mary thompson. tracking the movers for us, mary. >> what a day, what a week. look at the movers and shakers beginning with energy stocks and oil prices hit the lowest level since may of 2009. exxon, chevron downside today. sherwin-williams with forecast below street estimates. off $6.18, 2.4% and nu skin losing ground. all starting to come out now. the direct sellers of skin care and nutritional products trading off 2.6%. lastly, two ipos. avolon holdings off 8.5% and hortonworks trading higher on the ipo price up over 52%. it helps companies manage data. we are going to end with lululemon rallying after posting third quarter results, surpassed street expectations. deutsche banc raised the price target and the stock is up $1.75. back do you. >> all right. mary, thanks for running through and winners as mary noted. an ipo up more than 50% today. >> not an ideal day but it works out. >> not a ideal day here. the dow jones industrial average approaching down 300. 290 into the close here. s&p 500 down almost 1.5% and the nasdaq down now a full percent. >> as we ha

mary thompson on the floor. >> only area of strength is the gold market up $25.20.n that, utilities also fractionally higher a weaker performance early on. no surprise begin the disappointing global data we received overnight and continued concerns about oil prices. let's take a look at what happened in china overnight. that set the tone here in the u.s. or help set the tone. we had a big sell-off in china there. you see the china etf. they are no longer allowing some of these retail investors which have been behind the big rally in the china stock market borrow cash using cheap bonds as collateral. that caused a sell-off in the china markets overnight and putting pressure on china etf. the other story continues to be oil. this morning we are seeing continued weakness despite a pullback in the dollar. we should note wti has yet to hit its intraday low of yesterday of $62.25. we are watching those levels. oil patch right now, fairly mixed. we are also watching another area. that being high yield debt. the reason being deutsche bank is out with a note today saying the

. >> mary thompson is working that angle of the oil shock. mary, what did you find? week has been a tough one for the stocks so a few of the banks we spoke with analysts are down playing an immediate hit to the business ore than maybe a longer term risk of possibly slower loan growth. any impact depends on further decline in oil prices and length of time it stays at those levels. san antonio-bases cullen frost is down and the ceo is not shaken. eastbound though 15% of the bank's loans are to energy companies, most are e & p loans and the borrowers hedge them to lessen the impact of swings in prices and add to that the loans to companies, 100-plus-year-old cullen frost makes are companies they know the risk spread out of a group of lenders, not just one. bok financial stock is down this week and like evans chief credit officer isn't nervous. twice a year the firm stress test energy loans with oil at 55 and nat gas at $1.50 and ask clients how they keep paying the loans in scenarios. it's added protection he says. a greater risk are one area that analysts and the banks

mary thompson has what we know so far. >> bill cctv of china and others are reporting that 35 peoplee been killed and 42 injured in stampede along the bund a river front prominent in shanghai and occurring as part of or during a new year's eve celebration. we don't know what caused the stampede and cctv and other news agencies reporting that 35 people have been killed and 42 have been injured receiving additional updates we'll bring them to you. >> thank you. that's a shame. >>> let's move on. we wind down another year on wall street. great time to check in with how main street views the market in a segment we love to call "retail investor roundtable" and my favorite segment, too, kayla. >> all right. joining us today, dave wasnick, david myers, and also troy green. >> welcome back. >> i will start with you. why what are you expecting in the market ahead and how did you fare in 2014? >> i fared very well in 2014. primarily, driven on the energy boom, rise and fall and the just general market upswing and for 2015 i think that with lower energy prices we will see an environment where r

mary thompson in new york where she's finding millennials whose careers are beginning to take flight.> reporter: hey there, kelly. the jobs in aviation. the faa needs 100 air traffic controllers over the next decade. here controllers will learn how to spot planes with eyes and on the radar. what we want to do now is introduce you to two people to hope to get two of the jobs to earn them six-figure salaries. 23-year-old deanglo blair's career inspirations of speed and financial reality. >> i wanted to fly jets and airplanes and then i couldn't just afford it i move on to the air traffic controller side. >> reporter: on track to be the first in his family to graduate from college, blair expect it is degree in aviation from middle tennessee state university help him pass the tests for getting a spot in the training. stacy knew that she wanted to be around planes. >> i have had a passion for it. >> reporter: graduate of aviation program, he she's been accepted to the faa's program. now she's waiting to hear when she starts classes and start the professional journey to take her, well, almo

we have a news alert on walgreens and mary thompson. >> they're walking away from the nyse.g to list shares of the company once it merges with alliance boots to trade on the nasdaq. currently trading under wag at the new york stock exchange. it will file to trade under the symbol wba on the nasdaq and happening after it completes the merger with alliance boost and it's the country's largest pharmacy chain. back the you. >> all right. thank you. >>> sony is facing tremendous backlash of washington and hollywood after canceling the release of "the interview" around an assassination attempt of north korean leader. president obama addressed the issue in the last news conference of the year and bring you details next. >>> and sodastream shares at a one-year low this week. the ceo lays out the turnaround strategy in an exclusive interview with us. stay tuned. and cialis for daily useor you. helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. tell your doctor about all your medical

also with us our own mary thompson and "fast money" trader tim seymour. >> mary, walk us through thelly a rally all day. >> it was. for the most part the markets moved higher all the sectors with broad based rallies and we saw a little bit of a pullback midday in the oil sector and the sandouts of utilities and health care and topper forming for the s&p throughout the year. it's the dow utilities of a record close and retailers supported by early indication that is the situation for holiday shopping seen pretty much in line of expectations. that being the strongest reit growth in holiday sales we have seen in just about three years. again, coming into it off the record highs of a shortened trading session on wednesday, at least for the dow, we continued it today. albeit as you mentioned light volume day. >> tim, what do you do here heading toward the end of the year. often the nature of the market will change come the first of the new year. are you going to play for that or what are you doing right now with this market? >> i think you have to play what you have been given over a coup

. >> mary thompson is on the floor as we have a new all-time high on the s&p. >> the dow up 50 pointswednesday's close in a shortened trading session. s&p at an all-time high. seeing broad-based gains across the board. many of the european markets are closed today. we did have some of the asian markets open including japan. take a look at the s&p 500. winning percentage the day after christmas. 78.78%. that makes it the most winning day. of all the days of the year. if your bull, it's a good bet you'll see positive moves today. energy stocks in focus today. as we mentioned earlier, they are leading the s&p higher right now. this despite a little bit of weakness in brent which is off 8 cents. peabody energy, nat gas, despite an earlier decline, below $3, it has now rebounded a bit there. we are also watching the retailers because the international council of shopping centers says this year sales are expected to be their strongest since 2011, as you can see. gap doing well followed by kohl's. macy's up about 0.50%. consumers were shopping in force a couple of days before christmas. biot

thompson during the post game interview. >>> college hoops. wcc openers. details 7-3, broncos 5-3. st. mary's up 4 at the four. broncos take a 35-34 lead early in the second. clark. brad, 20 points tonight. two handed includes. st. mary's won 9 of their last 11 gons the problem coast. glover had only eight. in the first, steals on the breakaway, throws it down. post arises, erik thompson. usf improves to 7-6 with a 77-71 victory. we'll take our final time-out before we hit the ice. sharks following in the warriors footsteps. looks like jim harbaugh may be headed back home to the college ranks and his alma female announcer: get beautyrest, posturepedic even tempur-pedic mattress sets at low clearance prices. save even more on floor samples, demonstrators, and closeout inventory. the year end clearance sale is on now at sleep train. ♪ your ticket to a better night's sleep ♪ >>> sharks down south of a a four day break hosted by the defending skup champion l.a. kings. get on the board first. thornton forces the turnover, little joe squeaks his 17th of the season past jonathan. 1-0, sharks, but the kings tie it. 1-

mary's won 11 of the last 12 against the broncos. 73-50 that final. and check this out. in the first. on the breakaway. throws it down, pulverizing eric thompson.mproves to 7-6 with the victory. all right. the sharks down south at their four-day break. they are hosted by the defending stanley cup champions los angeles kings. at the staples center. get on the board. forces the turnover. little joe pavelski with his 17 little of the year. jonathan quick, 1-0 sharks. under six to play in the period. the cross-ice pass and l.a. on the power play. two on one down low. kopitar roofed it. 2-1 kings after two. any chance of a comeback destroyed in the third. kings back on the power play. jake drills it past niemi. niemi for 4 on the power play. sharks lost 3-1 the final. >> the raiders are in denver and 49ers hosting the cardinals. all those highlights at five. i'm mike shumann. have a great day. up next, how the stanford and maryland football players are helping out the community today before tuesday night ace bowl game at levi's >> happening today. football players from stanford will do their part to help to the hungry. team members today will serve

thompson women inresenting the his administration through the years. please received them, followed by the business leaders, eric miller. remember the bungee hook. >> i will be very brief. mrs. maryry as a public administrator. 1979, almost 36 years ago, we had never been audited. our national accounting firm wrote to the congress that our books were in such a disarray that they did not know how much money we had. we had at first balance sheet audit in 1979 and we had any chemo a deficit of two and $79 million -- 200 some $9 million. -- 270 $9 million p for the next five years, we had a balanced budget and we had a surplus. the next five years. that bydn't know becausethe newspapers people think we have the first balanced budget under the control board but it was under marion barry. he also did something in terms of diversity. women,inted more nontraditional positions than any other mayor or governor in this country. [applause] the first inspector general, the , the firstcouncil budget director, the first director of finance and revenue. marion berry appointed over 20 women to top positions in the d.c. government. minority participation. when we came into office with a 25% goal,