santander says its u.s. business could be in the second or third quarter of the year. >> should do it now given how good funding is for pe groups. >>> the u.s. senate is expected to vote this afternoon on a bill to suspend the debt ceiling for -- why not suspend it indefinitely? the house passed the measure last week. the senate version includes several republican amendments, matching spending cuts, every dollar increase in the ceiling and that's not expected to get passed. it will suspend it to may the 19th when it will be raised by the amount the treasury borrows in the interim. why -- greg is with us. greg is the economist. can we just get rid of the debt ceiling? it's a real brawl. >> just deep six that sucker like no other country deals with this it ottic device. hey, i'm going to borrow some money, but i'll think twice over whether i'm going to pay the bill when it comes. >> what if it was the founding father himself who said i think we ought to have a debt ceiling so as to avoid fiscal recklessness? >

. ...en colombia, se segistro el segundo ataque contra la infraestructura petrolera del norte de santander limon-coven- ~as...este es el segundo ataque en menos de 3 dias..el incidente causo derrame de crudo sobre un rio...aun se buenas tardes, hoy es miercoles, estamos en medio de la semana laboral y las condiciones atmosfericas se van inclinando poco a poco a nuestro favor... aunque se aproxima la lluvia y abundante nubosidad la buena noticia es que para el fin de semana pudieramos alcanzar casi los setenta grados... actualmente tenemos un dia mayormente nublado con temperatura de 48 grados y viento en calma... a nivel regional se observaron algunas llovizanas aisladas... y un aumento en la nubosidad... esta noche esperamos un cielo parcialmente nublado con una temperatura minima de 38 grados... maÑana jueves tendremos una temperatura maxima de 53 grados con cielo despejado soleado, en horas de la noche esperamos una temperatura minima de 37 grados... los dejo con el pronostico extendido... observen que se incrementa la nubosidad en el area metropolitana, este viernes existe un 40% de pr

venezuela el anzoategui perdio de local 3-0 ante tigre de argentina, con goles de ruben botta, federico santander otro partido se jugo en chile y se repitio el mismo resultado que el de ida. municipal iquique de local empato 1-1 con leon de mexico con goles de yovanny arrechea a los 47 minutos y empato de penal rodrigo diaz a los 58, asi terminaron los 90 minutos reglamentarios con un global de 2-2, el ganador se definio mediante los tiros libres desde el punto de penal y los chilenos se llevaron la victoria 4-2 y la clasificacio n a la zona de grupos. para maÑana se vienen dos partidos, gremio de porto alegre recibe a liga universitaria de ecuador y bolivar en la paz contra sao se viene el primer clasico iberico del aÑo entre real madrid y barcelona, sera maÑana por la semifinal de la copa del rey, los merengues tendran nuevo portero tras la lesionde iker la copa de naciones de la uncaf ya es historia con el titulo de costa rica. pero se viene la primera fecha del exagonal de concacaf camino al mundial de brasil 2014, y ayer luis fernando suarez tecnico de la seleccion de honduras dio a conocer

armor residential, linco, nordic american tankers, what a cold stock that's been, banco santander and's go to work. okay. one of my absolute favorite banks. that's a terrific situation. linco is a dynamite one, it's been red hot, vodafone, nice yielding telco company. nordic american tanker not doing well at all. a shipping company that cut its dividend. we've got a shipping company, bank, real estate investment, oil and gas and we've got a telco. that is perfection. ♪ hallelujah why don't we take another question from barry from michigan. barry? >> caller: motor city boo-yah to ya, jim. been in the game since 2009. >> okay. >> caller: my holdings are ford motor company. >> all right. >> caller: dana holdings, d.a.n. >> right. >> caller: smith and wesson holdings. >> all right. >> caller: alcoa, and keycorp. >> all right, we've got a little actionalertplus.com bank stock there in keycorp., a midwestern powerhouse. smith and wesson, guns. dana auto parts, alcoa, mineral company and ford also motor city play. we could argue, yes, as a matter of fact we are going to argue. you're going t

. >> santander is considering wrapping up its high street.eport suggests the lender, which is already the uk's fifth largest high street bank is set for a possible 2 billion pound bid for the asset. santander saw its offer earlier for 316 branches of rbs collapse in october of last year. >>> and an update on this story, the tricky takeover while trying to follow southeast asia's largest takeover continues to battle over singapore's fraser & neave. this is the seventh increase in an attempt to trump rival overseas union enterprise's bid. and the latest offer values the company at $11.2 billion. the battle has entered an auction process since none of the contenders want to settle on a final number just yet. the process is being led by singapore's takeover offer. japan's toshiba is reportedly eyeing british fuel producer orenko. they are in talk wes various lenders to fund the possible takeover of about $13 billion. ureco is jointly owned by the uk and dutch governments along with two german firms. toshiba hasn't yet confirmed it's still interes

now it's santander, the huge spanish bank, of all places. it's been on a roll. may not ask for a bailout. get this. jpmorgan just this morning put royal bank of scotland on its buy list. i thought those guys were turning by now. oh, and let's just make it clear that while apple, big international player is certainly beneficiary of this -- it should be, right? it just happens to be stuck in its own maelstrom. and i'm going to spend a ton of time on that if you stay tuned. one of the things i found to be the case over the years is that january sets a trend when it comes to sector gains. we saw domestic stocks rally from the get-go and stumble from january on. this year i think that's reversed. a combination of higher taxes plus the general disarray in washington has driven money toward the exact sectors we fled from last year. the companies that moved so aggressively overseas stopped being dragged down by our sluggish economy. the move is in its infancy. they were left for dead in 2012 and are roaring back to life. i think they will gain steam as the wrangling in

they're all off heavily because of santander. santander is europe's largest lender in the eurozone. stock off 2.3% today. there's 2012 net profit more than halved hurt by big losses in real estate, write-downs and property assets. also key growth spots as latin america down, as well. they're setting aside another 18 billion or 19 billion euros for provisions in 2012. they said they may still sell some more addette az. there's a lot of restructuring going on, as well. the market has been focused in on the fact that they're going to raise their capital, but they're not going to do it with raising equity. they're going to do it by retyping their risk model. so a bit of relief about shareholders about that. they're beginning to shake off the global downturn. they're got a lot of expires challenging with and they're saying this year is going to be a pretty tough year ahead. that's why we stand at the moment. it's all about the corporate news today. back to you. >> ross, thank you for that. it was good to see you in davos. you have to come over here one of these days. >> you should come o

who is we knowing in asia and the barclay's, the santander. so i have this view that overall as business is not growing, what is going to happen is the way the cake has been redistributed is changing. >> and you want to capital the little guys because they find it harder and harder. you're not going to get into a little unknown bank. people decided to give money. and guess what? that wasn't a bright idea. so you would rather keep barclay's. >> we forget lessons overturn. >> you're not going to put your money in a frozen fish market. >> thank you very much, indeed. we'll take a short break. still to come, spanish unemployment creeping up to another record high, now rate of 26%. we'll get more on that with guy rider who is director general of the ilo. mr. kent, the ceo and president of coca-cola will be joining us on today's ram. mr. john chambers, the chairman and ceo of cisco is standing by, as well. it's a good show today. >> ross, fascinating point there from your guest. >> even i think itself auto good show. >> and i know your expectations

miners gained ground, but shares eased after bank santander denied interest in the bank's troubled uk unit. back to you, kelly. >> thanks very much for that. we want to turn now to the u.s. lots of data, lots of earnings. december existing home sales are out at 10:00 a.m. eastern. expected to show a 2% increase over 5 million at an annualized pace. it's a big day for earnings. four dow components are out just before the opening bell, dupont, johnson & johnson, travelers, verizon. after the bell, we'll hear from google, ibm, amd, cks and texas instruments. house leaders are expected to vote tomorrow to extend the debt ceiling deadline until may 19th. the gop measure doesn't specify an amount, but would lead let the government borrow what it needs to meet its obligation for that period. the strategy shift was agreed to last week and would let republicans focus on other fiscal fights in march such as ook automatic spending cuts delayed by the deal and the potential resolution. julian callow is still with us. julian, do you take this news as a positive development for markets or are you c

companies, deutsche bank was there, diagio, the spirits provider but the spanish banks have most moved santandering to one side in order to deal with its own losses on the property sector. they now total almost $19 billion for last year, they've sold about 33,000 properties so still there's a huge concern about where we wr the spanish banks as you'll be aware and where that economy is going. tomorrow we get the pmi data which will be crucial in trying to get a first glance on the degree to which we're accelerating down or bouncing back. in general for the stock markets in europe you'll be aware they have risen strongly so this earnings season is the question as to whether or not the numbers will support those gains. if you look at the month so far, you will see that the dow here as we approach 14,000 is massively outperforming now and the dow jones euro stock 50 is beginning to bend down. there's some profit-taking on that so i ask you the question what would the man who is the head of research for the french giant most worried about? he came here to the exchange, that was the question i put to