peabody energy lowering its outlook to the low end of the range.here are shares of peabody down about 1.5% on that news about 12:33 in the east. next, active traders are the most bullish they have been since the bull market began but is it a sign you should sell? back after the break from the nyse.co st me anything." "and i got a one-hundred dollar cash bonus for rolling over by april 16th." "i like bonuses." "plus at scottrade, there are thousands of commission-free investments." "and if i need help, i can find it online, by phone or at one of over five-hundred scottrade locations." "it's why more investors with i.r.a.s are saying.." "i'm with scottrade." ♪ [music] >>> welcome back. want to bring you up to date on what i was telling you before break. take a look at shares of peabody energy the company cutting its outlook and blaming weather in australia for port and rail movements. very interesting story. just give me your comment. we've heard retailers blaming the weather. >> right. >> i guess it is a factor here. >> this is, steve and i were tal

now, the regular broadcasts and whistle stop series earned washington week a 2008 peabody award. in honoring washington week, the committee cited the program for "its reasoned, reliable contribution to the national discourse." and as the gold standard for public affairs enthusiasts who prefer illumination to confrontational fireworks. the 2012 race for president is well underway, and washington week continues to make an invaluable contribution to the national discourse. so, if you are more interested in illumination than confrontational fireworks, make a pledge of support right now to the station that brings you washington week. >> indeed, call now. if you are already a financial contributor to this public television station, we thank you very much for that because you've made a contribution. you have done your part to ensure washington week's place in the broadcast schedule. please consider making a further investment with an additional gift. it is through our new members and current members that this station can continue to broadcast all of the great public television programs

of course, coal itself is a china hand, so peabody, the big dad coal company got slaughtered. gave up $1.80, but, you know, that is 5.4%. sure enough, under the investigation study section of quotations from the chairman mao, we find peabody. all right. next love of kryptonite, oh, no, under the discipline section. cummins, truck engine maker and generator manufacturer. the whole world uses the company's engines, but the stock only trades off of china. when it's china off, cummins plummets $4.58. cummins comrade caterpillar said some terrible things about america this morning. but so what. they're a quintessential china play. this maker of earth movers slammed into a great chinese retaening wall, crashing $2.97. how about steel? what do the chinese do when they make too much of something? stupid, they dump it here. if china is slowing, look at nucor which shed $1, over 2% today -- >> that was easy. >> for the chinese. i could go on and on. you only need to look to the stock of our upcoming guest cliff's natural resources, be wild for $1.76, 2.4% decline to know what i mean. wa

peabody and look at this chart of how the vix behaved from 1992 through 1997.ive you some context, 1992, the iraq war is over, and u.s. began rising out of recession. the market had an extended buying rally. in the five years from just after 1992 since that period to 1997 the vix only broke out above 20 on five occasions. it often stayed below 15, where we are right now, for incredibly extended periods of time. i mean, hey, look, did we just say, wow, i got to sell, sell, sell that period? is that what we were supposed to be doing? according to redler, and he's right about this, a trader back in 1994 would have thought the very idea of the vix breaking out to 30 is -- you got to be crazy. were they too complacent back then? no. they just had a terrific slow and steady bull market without a lot of volatility, and they were right not to be afraid. be not afraid. be very not afraid. that would have been a good mantra for the year. but in 1997, something changes. the vix finally starts to move higher, and we get our first true spike in the fear index, courtesy of t

peabody road there is rainfall now. there is also some wet weather. pulling you out here, look at this accident that just sleled here heading out towards east bay, you can see lightning strikes east of moraga. watch out for thunderstorms possibly. there are down pours on moss beach now and half moon bay if you're getting ready to go across watch out. several hours of heavy rain is expected and it's going to be progressing and not just in one area. we'll show you the time line in just a moment. around the bay it's lighter rainfall. and as you head out towards sierra nevada chain controls on 80 and 50 and so highest elevations betting snow now. wind starting to pick up as the cold front is approaching. sfo gusting to 32 and 30 miles per hour. and there is 24 in san jose. stormy this evening, evening after midnight, scattered showers this weekend. spring arriving monday evening looks like we'll get a break in time for monday evening. here is a cold front this, is going to sweep through tonight. so between now and midnight we're expecting stormiest time p

boston, mass, witness the evolution of formal wear between the 1870 and 1970, stepping out at the peabodytorical society and museum. that's your "early today" event of the day. >>> now here's a look at this morning's headlines in entertainment. there was no anger or bad feelings behind his daughter's breakup with russell brand. keith hudson tells "us" magazine.com it was simple. her career took off leaving them little time to spend together. calling it, quote, just one of those things. he insisted the split was friendly saying even he is still in touch with brand. elsewhere, fresh off her oscar for playing england's iron lady, meryl streep introduced hillary clinton at a women's summit in new york. should she play clinton next? interesting question. finally, the first big celebrity known to be attending next month's white house correspondents dinner, yes, that's it. uggy, the dog from "the artist," a guest of the washington times. we just don't get it. we still have not seen the movies. >> no. now there's a lot of pressure. >> a lot of people are like of course he's coming. >> now the jok

that's peabody energy of course.s grasso could speak to i'm sure of a very large investor perhaps even making a bid for the company if not a substantial stake. that's driven the option volumes. traded over 18,000 in the first two hours today. keeping in mind, again, 8,000 is normal full session activity. this is very active. >> grasso, you want to make a quick comment on that? >> let's stick with the facts. if you look at the whole space, look at anr, aci, look at the whole coal plays, the metal plays. >> coal's rocking today. >> coal is rocking. >> throw a patriot, peabody, any of these names, consol. >> exactly. you want to see the names people don't think are fundamentally sound those are the names goosed dramatically by this. the whole space is pretty much on its butt and people are bottom fishing at this point. i don't know how long it lasts and if there is m&a activity, you will see it last longer. >> apple is on a winning streak as you know, but what would happen to the markets if the stock tumbles downhill? l

consol energy and peabody energy each climbed about 5 percent. ---ots--- meanwhile, analysts at lazard capital urged clients to plant cash in fertilzer stocks as farmers gear up for spring planting. shares of mosaic and potash corp of saskatchewan jumped more than 4 percent. packaging firm rock-tenn was under pressure today, after management warned second quarter earnings would come in below analysts forecasts. maintenance issues at a canadian containerboard mill and pricing pressures on exports are expected to hurt profits. the company predicts earnings won't improve significantly until q-4. that's when major mill projects will be completed and $400 million in cost savings will kick in. shares in rock-tenn lost 4 percent to close at 68.53. and, finally, it was a perfect day for perfect world. the company is the developer of the popular online game, "legend of martial arts." last night it reported a respectable 32 percent jump in 4th quarter revenues. today the stock, which trades adrs, gained a powerful 28 percent to settle at a 6-month high. tu

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and peabody energy shed more than 4%. the relative calm winter has been good news for travelers: fewer delays for some airlines. u.s. airways credits the mild winter with a record low flight cancellation rate in february. still, shares fell more than 8% to a six week low. revenue per available seat mile, which is a key measure of growth was up in february by its smallest amount since june. meantime, onetime flights are improving at united continental three days after the merged airline combined its flight reservation systems. during the switch over, there were flight delays and problems with airport check-ins. shares dropped more than 2%. more americans seem to be putting money into their mattresses, really buying mattress. a trade group says mattress sales numbers were up 17% in january with revenues up almost twice that, meaning shoppers were buying higher priced mattresses. select comfort shares continue to rally ending over $30 per share for the first time ever. stifel nicolaus was encouraged enough to increase its ea

peabody energy fell 6.5%. alpha natural resources was down almost 6%. and consol energy shed almost 4%. here's the up and down with oil this week. prices cooled a tad today, dropping below $107 per barrel. this recent rally has stalled out around $110 per barrel so far. we learned a little more about sara lee's plan to split up its company. it will spin off its coffee and tea business with shares that will trade on the amsterdam stock exchange. that news helped its big board listed shares, rising more than 7%. volume jumped five fold with the stock rising to a new 52-week high. this is part of its plan to split into two publicly traded companies. speaking of food, we mentioned the initial public offering of online restaurant review site yelp. it got high marks in its first day of trading. it's initial price was $15 and surged more than 60%. but even with that, it's the third best debut this year. with gasoline prices on the rise, it's common to see shoppers looking to discount retailers as a way to save money. big lots is not looking for more business t

arch coal, alpha natural resources, and peabody energy each rose more than 5%. in merger news, cisco systems announced a $5 billion deal to buy video software maker nds group from news corp. news corp owns fox news and "the wall street journal." shares of news corp rose 15 cents to close at 20.43, while cisco lost 29 cents. it's the biggest deal for cisco in two years, and a reflection of its focus on video. in other big deals, general electric is taking a 30% stake in howard energy partners. howard is a natural gas pipeline operator in the booming eagle ford shale fields of south texas. the price tag was not disclosed, but the deal is expected to close next month. other investors include crosstex energy and quanta services. each saw modest gains, while g.e. rose nearly 2%. turning now to the busy i.p.o. rket, cloud-computer company demandware got off to a celestial start. demandware, ticker symbol d-w-r-e, surged nearly 50% today. it offered more than five million shares at a starting price of $16 apiece. demandware is the fifth cloud- based software firm to go

peabody energy fell more than 5% on heavier than usual volume. the share price has been trending lower for at least the past year. shares are just above their 52- week low hit last week. word of slower chinese steel making hit shares of cliff's natural resources, an iron ore and metallurgical coal miner. the stock fell by almost 2.5%, leading the materials sector lower. and global industrial companies- - mining equipment maker joy global, diesel engine maker cummins, and construction machine maker caterpillar-- all saw selling pressure over concerns about lower commodity demand coming from china. while caterpillar's loss was the biggest drop among dow industrial stocks, bank of america was the dow's biggest gain, as the financial sector limited the broad market's fall today. b-of-a shot up almost 3%, and on heavier than usual volume, even for it. this is bank of america's highest closing price since july. we have more analysis of b-of- a's stock chart on our web site under the "blogs" tab an nbr.com. the market's focus was on oracle after the clo

patriot coal fell more than 3.5%, peabody was down almost 2%, alpha natural resources dropped 1%. life after a big customer left was better than expected at walgreen. earnings at the pharmacy giant fell from a year ago but were a penny stronger than expected. walgreen's lost the business of pharmacy benefits manager express scripts and the millions of prescriptions that went along with it. but the stock rose more than 1%, up to its highest close year to date. and that's tonight's "market focus." >> susie: if you haven't filed your federal tax return, the tax man is waiting. th yea the deadline is april 17. all this week, kevin mccormally of kiplinger's personal finance is offering you his best tax advice. in tonight's "tax tips," kevin says there's a new form that's turning capital gains into capital pains. >> investors have an extra tax form to fill out this year, and for most of us, it's simply a waste of time. the offending form is the 8949, which the i.r.s. created to go along with new basis reporting rules that began going into effect in 2011. if you bought stock in 2011 and

i spent years going through museum collections and opening up drawers in the basement of the peabody and the american museum of natural history where you are going through masses of artifacts, the striking black on white pottery of the anastazi, what is in this place? but the granary was not mine to open, it was left by other people, a stockpile waiting for their return. as i understand more of the anastazi, it is hard to say they ever truly vanished. the more i track them, it more it seems they are right in front of me until i can feel body heat in their foot steps. it is not unthinkable that somebody might return to this granary, maybe a century from now, relieved to find a sign of ancestry deep in this river gorge. i climbed down to this granary and laid my hand on its stone, feeling the grit of sand and the hardness of rock. a person could be found here in a thousand years, a person kneeling in the moment of decision. i climbed out and went back to my career, the obsidian night closing around me. i climbed into the canoe and swept the paddle across the water, setting a wake acros