john schiller will be our guest. we'll talk about that, and his outlook for the price of oil coming up. >> you know, bill, later on, twice the number of digital households by 2015, just three years from now. we will talk to the head of you on demand about his plans to capture a chunk of the chinese acti action. stay with us. >>> time now for "going global" europe. >> hi, everyone. these are the stories we're watching in europe. tomorrow, a busy day for the fourth quarter results due out, analysts looking for the german bank to post a 47% jump in the net profit. will it announce more writedowns on the greek debt holdings. we'll speak to the company's cfo. also joining the lineup is the cfo of the german company. speaking exclusively to the monetary policy committee member david miles. why he's been pushing for more quantitative easing for the uk economy. tune in to cnbc world to capture all of the action overseas at cnbc world headquarters. "going global" with your money. >>> the surging oil prices have certainly been

. >> case-schiller. >> old news, not interested. contrary to cortes and i made this point last week i think the incredibly low yield on not just u.s. bonds, but kind of global yields in general, and that was european risk yields coming down, you know, investors with cash globally have very, very few places to go where they think they might have some appreciable chance of long-term returns. i think this is bullish for equities, not bearish the way most people seem to be arguing. where else are you going to go to get ee sngsly not negative yields on your money? >> b.k., do we have b.k. yet? mulling over what i just said. >> apparently. >> all right we're working to get brian kelly's shot up. what do you see today? >> joe mentioned the vix coming down to low levels. what's really interesting is there's been this huge inflow into the p-vick and the exx. they track the vix futures. hedgers are going out there and buying some volatility. one thing interesting about that is the s&p 500 is chugging along at incremental rates here, just movi

kay schiller measures the 20 largest markets.l prices fell a little less than 4%. >> if you haven't heard the grapevine back open after a brief closure due to snow. the chp shutting down. things cleared out and the grapevine was reopened. driving to l.a. should be fine. the department of water resources conducting the third snow va. snow mel last night. skiers will be happy. so far the snow sur have i has not been very good. >> if they wait a couple days they could see more falling. you want to check win meteorologist christina loren. >> we're going to get more as of tonight. tough gig when it comes to shutting down the grapevine. that could be a factor yet been on this thursday. keepd that in mind. if you plan on on traveling. 45 in livermore, 47 in oakland. 41 in sunnyvale so grab your jkt. leave your up prel home. it will stay dry. could see showers this evening into tonight up in the north bay and regions. north of the golden gate bridge. liking like the bulk of the moisture start to come down as we wake up tomorrow. mike and

john schiller weighs in. and progress report. can a new ceo convince the street hp is on the right track again as the company reports earnings after the bell. we'll have instant analysis and investor reaction live from the new york stock exchange. this is the final and most important hour of the trading day. >>> welcome to the "closing bell." the new york stock exchange, thank you very much, everybody. i'm glad they're happy to show this. >> i'm bill griffeth. i have no idea why the traders are applauding right now. downgrade of greek sovereign dealt, as well as economic data on both the u.s. and chinese economies. we have come off the lows of the session. the dow was threatening to turn positive a short time ago. but we have global economic concerns sending investors into a relative safe haven. gold very strong late this afternoon. we've seen a minor rally in treasuries, pushing yields lower again. gold settled at a three-month high. >> maybe they managed to find australia on the map. let's see where those markets are standing.

that's what schiller said, and, of course, you know, it's the words of the european anthem. courage in the middle of adversity. and europe has had worse problems in the past than the ones we are going through today. so all this for freedom and solidarity. in the old days, we had economic crisis. economic crisis led to lack of trust, to distrust, to isolation and unfortunately very often to war. today, fortunately, it's no longer like this. we europeans are much closer together than we ever were. and now the basis of all that is trust again. germany knows the importance of such a trust. the western allies after world war ii saw to it that germany would be a democratic country. we owe their trust to what we have become. it's allowed us to start again and to be friends with the rest of europe again. and without that, we would not have had the reunification of germany nor the transatlantic organization. so german reunification and unity are the same sides of the same coin, since i spent a lot of years in the nonfree part of germany i know what happiness is for all of us. after w

and we'll get the latest on home prices with the s&p case schiller home price index for december then, when it comes to the economy and politics, there's often a lot of talk. we look at campaign promises versus political realities. that's "nightly business report" for monday, february 27. i'm tom hudson. goodnight everyone and goodnight to you, too, susie. >> susie: good night, tom. i'm susie gharib goodnight, everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org vo:geico, committed to providing service to its auto insurance customers for over 70 years. more information on auto insurance at geico.com or 1-800-947-auto any time of the day or night.

vivian schiller resigned they also messed up acorn too with some videos and that's basically how o'keefe rolls he throws blatant propaganda out there and lets the right wing media pick it up whether it's true or not is not a journalist he is a hack and now he's at it again releasing a new video to advance the myth of voter fraud this time then what you're about to see here goes to a voter registration center in minnesota has to several of them to obtain voter registration forms for fictitious people people like timothy t.-bo and thomas brady to prove that someone can register fake people or celebrities or jesus loving football stars to vote without an idea take a look at the video and then if so does voter registration form you can check mark a box that says you don't need an id a social security number or a driver's license. if a person walked up to election officials in minnesota and inquired about registering tim thibeault and tom brady to vote is it possible for a third party to register a group of voters for example to tivo so you have one person it's almost pretty obvious brady can

. >> authorities have released the interrogations tapes which schiller lying about the attacks.ter and is live in bethesda with this or that use of first on abc 7. >> a brutal crime that happens in this upscale boutique. now we're getting new images of exactly what happened behind- the-scenes with investigators. authorities say that it chose brittany norwood could not keep track of her lies. >> he cut my stomach and my chest. i was trying to fight him. he hit me in my head. >> this is her talking to police a week after she brutally killed co-worker jayna murray in the bethesda lululemon store. the interrogations tapes show that she continues to claim she and jayna murray were attacked by two masked men. >> she was very believable at times. when appropriate, she cried and her hands were shaking. >> contradictions on the day began to catch up with her. her allies began to unravel. >> prior to him sexually assaulting me and tying me, they made me move her car. >> there was no they. only two female voices that apple store employees heard through the wall. this video shows employees

kay schiller numbers didn't help. good numbers for the period ending in january for ryland.bottom line, slowly but surely, housing is improving, just not fast enough. guys, back to you. >> thank you, bob. slowly but surely the dow is rising above 13,000 yet again. they failed to close above this level for the past week as we continue to focus on it. how does this play into the investor confidence right now? we want to talk about that. >> yeah, we do. joining us now aaron, along with katy with bank of america merrill lynch global research. good to see you both. thank you so much for joining us. aaron, we kick this off with you. with ejust had glenn hutchins on the program and he said things are getting a little overdone here, that there's valuation worry, that things are getting excessive. you disagree with that? >> i don't think it's getting excessive. i've not seen complacency. when i talk with clients and colleagues, i'm hearing the risks that are out there. i don't think it's overdone. i'm going back to the high in 2007. earnings are higher. interest rates are lower. and

we have seen improving housing markets signals of late but the kay schiller reports shows in the top0 markets home prices were down 1.1% in december from the month before. the bay area saw a decline of .8% although that was a little better than the month before. bay area home prices down about 5.5% over the prior year. stocks are mixed right now as we take a look at the market. the early going the dow losing 5 points. nasdaq is up by 4. the s&p basically flat right now. and frank, the price of oil slipping below $108 a barrel. and just getting a little break there. >> yeah. that can go south as much as it wants. >> yeah. we need it to go a long way down before gas is under $4 again. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> speaking of gas, another day another jump in bay area gas prices. aaa reports a gallon of regular is up more than 2 cents since yesterday. but it's cheaper at 9 bay area stations especially at safeway stores. the new safeway in pleasant hill opened about a month ago selling gas for about 35 cents less than its local competition. the safeway g

joining me is david boies, a founding partner in a law firm boies schiller and flext ere. he is one of the leading attorneys who argued to overturn prop 8 so i'm pleased to have him back on this program. welcome. >> thank you. >> rose: is there anything surprising about this court of appeals ruling? >> not really surprising. it is a narrowly crafted opinion. they could have written a broader opinion and from the argument, you couldn't tell whether they were going to look at this fm a very broad perspective. and that is whether banning gay and lesbian marriages violates the constitution nationally or whether they were going to focus particularly on the issues related to california. they chose to focus on the narrow issues that are particularly related to california. the reasoning is very broad, but the actual holding is quite narrowly crafted. >> rose: so what impact does that have in terms of same-sex marriage around the country? >> it does two things. first, it establishes the marriage equality in california which has by itself more than 10% of the population and together

it was the s&p schiller home price index the came out a few hours ago and shows home prices drop for were in atlanta and chicago. home prices in san francisco fell in december. they are down 5.4% from december to december. miami and phoenix were the only cities to show a monthly increase. nationwide, home prices have lost one-third of their value since the housing bust. >>darya: if you have a mortgage from the federal housing administration is about to get more expensive. the agency announced that it will raise premiums that it charges borrowers. fha is going to hide the costs of up-front mortgage insurance premiums. that will add another $5 a month your average monthly payment. yearly rates are going up as well. fha is the largest insurer of low downpayment mortgages the agency's cash reserves are running low because the borrower defaults. >>darya: here's a look at weather and traffic on this tuesday morning. >>james: today is definitely going to be a date of change. sunny, mild and cold. here is a quick rundown of the weather we are expecting for today. and this afternoon, partly c

we get the case-schiller home index. they are expected to fall 3.8%. fed governor testifies before the banking committee at 10:00 a.m. about the state of the u.s. housing market. fin finally at 7:15 p.m. cleveland fed president talks about the economy. auto zone reports results before the opening bell as does cablevision. after the close we hear from dream works animation. and we want to get a final thought from our guests here in englewood cliffs before sending it back over to london. jordan kimmel, you are all about the consumer and the investor losing trust. what do you think they need to know about today in trading? >> here is the key. i think the thing is not to plan around the next 3% pullback but ask yourself are we in a bull market or not and clearly we are. we were just talking about risk before. not all are the same, and my focus on is blending my old stock selection process with some other factors like corporate governance to isolate the most trustworthy companies and i think that's what investors can get their teeth around and feel comfort

do that, we'll go in the right direction, and i will quote also courage in adversity, that's what schiller said, and it's, of course, as you know, the words the european anthem, courage in the middle of adversity, and europe has had worse problems in the past than the ones we're going through today. all of this for freedom and solidarity. in the old days, we had economic crisis, economic crisis led to lack of trust, to distrust, to isolation, and unfortunately, very often to war. today, fortunately, it's no long to like this. we, european, are much closer together than we ever were. now the basis of all of that is trust again. germany knows the importance of such a trust. the western allies after world war ii saw to it that germany would be a democratic country. we owe their trusts to what we have become. it's allowed us to start again, to be friends with the rest of europe again. without that, we would not have had the re-unification of germany nor the transatlantic organization. german re-unification and european unity are two sides of the same coin. i spent a lot of many years of my lif