cnbc's brian shactman went behind the scenes at both shipping giants to see exactly how they do it. >> reporter: fedex, it is not just a company, it's a verb. >> you aren't fedexing those bad boys? >> reporter: and how they go from this to this is nothing short of remarkable. understanding how fedex and u.p.s. deliver a combined 25 million packages a day almost all of them on time begins at an airport. for fedex, it is the 800 acre suber hub in memphis. u.p.s.' mega complex is in louisville, tennessee. both are a two-hour flight from most of the continental united states and can reach well beyond. it is after midnight and i'm inside a boeing 757 that just came from guadalajara, mexico, bringing all the cans out to go into the world port for sorting. routing packages from one plane to another at break neck speed with almost no human hands. at world port, u.p.s. can sort up to 416,000 packages an hour. and in a night, a million. during a peak season like christmas, 1.6 million packages. getting them to the right place on time is so important in this internet retailing revolution that bu

thank you very much, brian shactman. treasury prices continued to rally after the disappointing fourth-quarter read on gdp we got today. rick santelli has the details. >> you know, as i look at a ten-year, it closed last week at 202. we're down 13 basis points. you can clearly see this week we're on our way to the highest yields of the year. then something happened on the way to the forum. it was called the fed meeting. it definitely turned the market down. and as michelle aptly pointed out, 2.8 gdp. even the 2.8 bolstered by inventories really wasn't a positive. rates kept moving down. maybe the stellar performer is the five-year. yes, we closed yesterday at 77. but if you open it up to a 20-year chart, i defy you to find a lower yield. historic low yields should be closed down for the five-year note. let's take a look at some etfs. if you look at the lqd, and that's the investment grade etf, this is price, not spread, you'll see that it continues to make all-time highs. because everybody wants to be grabbing for someth

i'm tyler mathisen with sue herera and brian shactman. "power lunch" begins right now. >>> how about this, the dow closed with a triple digit move only once this year on january 3rd, that was the first trading day of the year. europe interests today on the front burner and u.s. consumer spending is flat. we're off the lows but a triple digit move still on for the day. 75 points in the dow, s&p 500 down more than half a percent. the pulse of the markets that yield on the 10-year touching a fresh 2012 low today. the 5-year hit an all-time low by the way. that yield at 1.82. the euro a little weaker and the dollar stronger. and of course we have the vix just a touch below 20 to the upside. midday movers big drop for ga net. wendy's lower on a 30% drop in earnings down almost 2%. on the upside, amlen up. pep boys being taken private by a p/e firm and thomas and bets getting bought. it's up 22.5%. more details and the trading floor with marry thompson at the nyse. >> started overseas in asia, spread to europe and now here in the u.s. the marke

brian shactman at cnbc headquarters. good morning, brian. >> we're starting 2012 with pretty good returns on the stock markets. we have a lot of economic data this week topped by jobs report. today we get data on manufacturing, construction spending and last month's fed meeting. the dow fell to 12,217. the dow was up 5% for the year. the s&p 500 was slightly lower and the nasdaq lower as well. retailers could start feeling the new year's hangover today. they will get 550,000 online holiday gift returns today alone. that's 8% jump over a year ago and it would be a record. apple plans a media-related event in the bigger apple. reports say it's not related to a new version. it could be a year of publishing announcement, itunes or the icloud store. we just opened a beautiful apple store in grand central station. we'll see what's ahead. back to you. >> we sure will. always on the mind. >> 4:46 right now. f.o.g. there's a lot of fog out there. >> making it hard to s-e-e. i'll stop myself before you want to slap me. we're looki

and now for more let's turn to brian shactman live at cnbc world headquarters. >>> good morning.ow the mighty have fallen. the markets caught their way back to positive territory by the close. gain were limited. there was an average german government bond auction. they offered discounts to get investors to invest in a stock offering. we get data on um employment and the services sector. the dow up to 12,418. the nation retailers say total sales are expected to rise more than 3%. stores benefitting from earlier and extended hours, layaway programs, discounts and positive consumer sentiment. macy's, president obama is looking to boost the summer jobs prospect for the nation's teenagers. the white house has commitments for 180,000 youth opportunity this is year with help from the private sector. full details will be announced later today. we'll find out more details about the unemployment rate and how many jobs were created tomorrow. the private sector report doms out in about 45 minutes. >> another great day on tap. if you like the sunshine, another great day. a lot of people conce

. >> i'm tyler mathisen along with sue herera and the big burrito, brian shactman. this is "power lunch." >>> three hours, of course, left in trading. better news from europe but home prices, consumer sentiment, chicago pmi, all disappointing. off the lows, down 50 in the dow, .25% in the s&p and less than .25% in the nasdaq. the euro is weaker now, below 1.31. and nat gas, warm weather, supplies are huge, down almost 8%. midday movers, radioshack getting buried. avery dennison down as well. archer daniels midland with a big drop. edwards lifesciences, positive results for its new heart device. that stock up 6%. mckesson up and mattel up 5%. let's go to the trading floor of the nyse with bob pisani. >> we have a little bit of a problem. remember economic data has been improving for months now. that's been a real underpinning to our stock market, why we've been outperforming europe. but today chicago pmi, below expectations. consumer sentiment, below expectations. and the case-shiller home price index also disappointing, down three straight months. that's a problem.

for more on that let's turn to brian shactman. good morning, brian. >> good morning.hank you very much. stock futures are a touch lower ahead of the december jobs report. it's out in 45 minutes. economists expect hiring was solid last month, but maybe too sluggish to make a huge dent in the unemployment rate. forecast called for an increase of 155,000. unemployment is going up. a asia shares fell overnight. stocks closed pretty much mixed. the dow was down two points. the nasdaq rose 21 points. general matters is recalling the chevy volt to fix the issue that caused batteries to catch fire after crash tests. they will reinforce the battery cage to make sure it doesn't rupture in an accident. only 8,000 votes are on the the road, and the recall will take place next month. u.s. safety regulators say they're still investigating the matter. >>> you have to wait longer to rent movies like sherlock holmes or happy feet 2. warner brothers, which produced the film, is doubling the dvd window release rental. if you really want to see those title you have to buy the dvd or blu-

brian shactman is live at cnbc. brian, it's your world, good morning. >> i don't know about that but good morning to you. it's a pretty mixed picture in terms of pre-market trades. concerns about the debt talks re-emerging as we wait to hear news. we haven't heard anything. yesterday stocks finished higher for a third day putting major indices at 6-month highs thanks to encouraging bank earnings and jobs data. the dow up .4%, the s&p increased half a percent and the nasdaq up .7 of 1 percent. three of the top names ibm, microsoft and intel, were better than expected in terms of profit. google, though, was a disappointing mix down about 8% in the premarket trade. so ibm is up, microsoft up, intel is up but google down. federal investigators shutting down one of the popular file sharing sites called mega upload.com. four people were also arrested in the global crackdown. i had not heard of it but it's huge. it's considered with what they call a cyber locker. users store shared materials often pirated movies and music

for more on that, let's turn to brian shactman live at cnbc world headquarters. good morning, brian. >> good morning. it was a great day yesterday. futures right now are slightly lower after the strong start to the 2012 trading year yesterday. they were up on the back of several better-than-expected reports on manufacturing from all around the world including in the u.s. asian markets were mostly higher overnight. europe is slightly mixed. the dow is down to 12,307. when stocks are positive on the first trading day of the year, historically they end the year higher 70% of the time. we'll see if this year is part of that 70%. automakers report december sales today. total sales are forecast to raise 8% to 9%. thanks to cheap and available financing, pent-up demand. chrysler, hyundai and kia are expected to pace the gains. how did you spend the week off? a lot of you hunched over your new iphone and smart phone. 1.2 billion apps downloaded last week, a record. an estimated 20 million android devices were activated across the world. the u.s. accounted for 42% of the

we turn to brian shactman at cnbc headquarters. good morning, broin. >> good morning. we have a little bit of breaking news here. adh, a private sector payroll number before the government's report tomorrow said the private sector payrolls improved by 325,000 jobs. still negative in futures. they have improved quite a bit. there was a temperature government bond auction. they had to offer a discount to get them to buy into a stock offering. france today had a decent office. europe was slightly lower. we got the report under the private sector job. unemployment claims in 15 minutes kodak is on the brink. they could file for bankruptcy as soon as this month if they can't sell digital patents to raise much needed cash. they warned they may fot survive 2012 if they don't sell the assets. sales were up 1.3% after dropping every year since 2004. it was driven largely by digital music. most sales growth came from one album. give you a milli second to guess. >> adel. >> sold 5.1 million copies. pretty impressive in this digital era. >> isn't it impressive of me to know that? >

joining us now with more insight is cnbc's brian shactman. >> happy new year. >> happy new year. 8.5% in december, 8.7% in november, 9.1% back in august. is it fair to say this is a trend? >> yeah, i think it absolutely is. people can pick apart the numbers. better than expected a the 8.5%. better than expected at 200,000. when you look at the employment numbers, you lob off 0.5% in two months. that is significant. the job number of 200,000, that wasn't as much a surprise because the weekly jobless claims have been ticking down consistently, under 400,000. but 8.5% with more confidence in the labor market, more people who don't have jobs, who weren't even looking at entering the workforce, the thought was it was going to tick up and it didn't. but you're right, the trend is the key. >> and let's talk about where those jobs were add. 42,000 new messengers were hired in december to keep with all of the online sals that were going on with with the holiday sales. how much of these seasonal hires factored into that rate that we got? >> it definitely factors in. u.p.s. added 55,000 seasonal

for more on that auz and news before the bell, let's turn to brian shactman live at cnbc world headquarters. good morning. >> good morning. so far so good. u.s. stock futures are strongly higher. asia is up. europe is up. we have friday's jobs report. perhaps the most important. today we get data on manufacturing, construction spending, and the minutes from last month's fed meeting. the dough fell 69 points on friday. the nasdaq was negative for 2011. the s&p 500 around the flat line for the year. we'll see what happens today and the the rest of 2012. in terms of auto industry, sales of liktry cars are not doing well. they sold a combine 0,000 units. that's a lot less than expected. the volt was hit by recent news of batteries catching on fire days after crash tests. gm says the problem is under control. the leaf was hurt by distribution problems and supply disruptions from japan's earthquake. interestingly enough, both nissan and gm plan to increase production in 2012. >>> if you have a few million dollars burning a hole through your pocket, you want to spend it on a super bowl ad, you're

brian shactman monitoring the after-hours action right now. >> we are focusing on amazon.ot of after-hours action. we'll update the price and talk about whether amazon actually has a revenue problem. we'll have that for you next in the "closing bell." >>> lots of movers in the after-hours trading session. amazon stock on the move. >> let's reset people on amazon a little bit. eps was a beat in revenue. light by almost $1 billion. with all the investing they talked about in the past, it's been more the opposite. guidance indicates that will continue, low end of guidance in revenue, $1.5 billion or so below consensus. it has recovered just a little bit. sea gate technology, profits were supposed to be $1.06. the stock not doing very well, down about half a percent. broadcom, revenue pretty good. the stock up almost 3%. nice little afterhours pop. aflac, better than expected revenue. the stock is down 1.5%. it looks like with the quarter, with japan, with the next quarter japan is still pretty weak. web sense, revenue missed. guide answer well below consensus. that stock trad

what we can expect let's turn to brian shactman. good morning, brian. >> good morning. busy day. futures are lower this morning after markets basically finished flat on monday. the dow snap add four-day rally, investors taking profits, continuing to watch the debt talks. i can tell you japan was up a touch, china close for the new year. europe trading to the down side. there are a slew of earnings including dupont, johnson & johnson, mcdonald's, travelers and verizon are all in. you can check out all of this on cnbc.com. ap sl a big one. the fed has a two-day policy meeting. the dow fell 11 points monday to 12,708. the nasdaq to 2784. macy's is suing martha stewart living. the department store has an exclusive right to sell martha steward products. company sold a stake to jcpenney. hence t the debate and it will be settled in court. starbucks sells coffee that helps many start their day. now it wants you to end. it's expanding sale of beer and wine. starbucks sells alcohol in seattle, washington and portland, oregon and plans to bring the new items to chicago by the end of the ye

for a look at that and the rest of the news before the bell we turn to brian shactman live at cnbc world headquarters. good morning. >> good morning. stock futures on a busy day are slightly higher after pretty good gains on wednesday. there were fueled by golden sacks reported better than expected earnings, also positive outlook on the housing market. asia was higher, europe has turned positive, it was negative. we get data on unemployment, housing starts and building permits as well as consumer prices and as marla mentioned google, ibm, all report earnings. the dow rose 96 points to 12,578. the nasdaq up 41 to 2769. eastman kodak filed for chapter 11 bankruptcy protection capping a prolonged decline for one of america's iconic companies. it has secured a $950 million life line to keep operating. kodak hasn't turned a profit since 2007. it failed to quickly embrace modern technology. the digital camera, it invented it. walmart has launched a contest to find the best new product offering any small business or individual inventor a chance to win a spot on store shelves. you can submit you

brian shactman has all the details. >> we talked about tech doing so well. but when you look at the nasdaq 100 which just creeped into negative territory, it's been in the strongest indices. when we look at them, some of the key names aren't tech companies. vertex is up, just off its high. the drug for cystic fibrosis was just approved. mattel up on earnings. electronic arts doing well. so a lot of the strength isn't even tech in the nasdaq 100. on the flip side, we're watching netflix, and sears holding. that increased competition in the uk not received well. it's down 4% on the day. and sears holdings is down 4.25%. basically suppliers of sears not getting loans from cit, the firm wants more financial information. take a look at the dow. off the lows at one point. i thought would go positive. now down 37 points. american express, jpm, so financials we talked about that midday turn-around. but what i want to focus on is what's at the bottom. the real drags are exxon and pfizer. exxon, the cap ex is just unbelievably large. that stock down 2%. pfizer down 1%

brian shactman joining us now to update the earnings scorecard. >> it's friday, michelle. so far, almost 60% of s&p companies have beaten estimates. here's your chart right here. 13% have met, while more than a quarter have missed expectations. on the dow, 20 stocks have reported, 12 this week. of those 12, only three, three, beat on both the top and bottom lines. caterpillar, mcdonald's and 3m. caterpillar, the most impressive. analysts weren't even close to estimating their blowout numbers. two of the 12 that reported this week on the dow missed on both the top and bottom line. travelers did say it was regaining pricing power. but it did not move the needle very much in q-4. chevron, downstream business was a major drag. of course, you cannot forget the earnings story of the week. i mean, honestly, when i heard apple's numbers, i thought, holy, beep. without apple, it's less than 5%. michelle, it's cable, but you still can't cuss. >> you sliced it and diced it nicely there, brian. facebook could file their ipo as early as monday. gsv capital owns a stake. >> more on the

brian shactman has that story and more. good morning. >> reporter: good morning.y much. we'll get to that in a second. first, in terms of stock futures, a mixed bag ahead of the opening bell. greek concerns about debts talks emerging again. we might get an announcement today. but people are just waiting. yesterday, stocks finished higher finish a third straight day putting major indices at a six-month high thanks to encouraging bank earnings and jobs data. the dow was up .4%. the nasdaq up .7%. we have a host of tech attorneys deal with late yesterday. google's fourth-quarter results missed expectations. the stock is down sharply in premarket trading. meanwhile, ibm, soft, intel, did better than expected. now to the federal case. investigators are shutting down one of the world's most popular file-sharing sites, megaupload.com. it's huge. four people were also arrested in a global crackdown against suspected online piracy. mega upload is considered a cyber-locker where users around the world store and share materials, often pirated movies and music. about 20,000 w

cnbc's brian shactman is here. how does the street look after the long weekend? >> pretty good.ive seconds. up 90, 95 points in dow jones industrial street average. pretty good. china growth better than expected. 8.9%, still at a 2 1/2-year low. maybe a soft landing in china. not a crash in the economy. also want to talk about, going inside baseball, spanish bond options, s&p downgraded spain two notches and did a short-term bond option today that went extremely well boosting confidence about the eurozone and bank earning here in the state. citigroup missed. wells fargo, good numbers. takeaway there, if you're in investment banking you're not doing very well. a straight bank, a chance to make money in this economy. right now the markets looking to start the week pretty solidly. >> so china and europe holding strong, at least on this tuesday in january. we'll see if that plays out in big election repaercussions wit those kmo economies. >>> "the daily rundown" will be back. do not go anywhere. >>> welcome back to "the daily rundown." i'm luke russert in for chuck todd this morning

brian shactman joins us with the roundup of the after hours activity. >> before i get to coin star, i want to point out radio shock because it is down almost 16% in after hours, cutting guidance, getting hit with their gross margins and talking about people respect buying the high margin smartphones. sure on "fast money" they will talk about it any great deal. now down 17%. just into our newsroom, i got that here. coin star, chief operating officer, a voluntary leave of absence. paul davis take over responsibilities in the interim, down 1.5%. also plum creek. missed by a penny, wide range to the guidance and the stock maybe why it is trading down 3.5%. >>> i'm imanoffers in tampa, florida coming down to the final hours of the republican presidential primary here and suddenly, financial firms are front and center in the debate. i will have all the details when we come back on closing bell. >>> first, oil still hovering around $100 a barrel, should you buy the major oils ahead of exxonmobil's earnings out tomorrow? we will look at the oil and the trade next. stay with us on closing bell

cnbc's brian shactman is live with the story.g. >> reporter: joe, there's a little bats over martha stewart -- battle over martha stewart. macy's is suing martha stewart living for breach of contract. the department store says it has exclusive rights to sell martha stewart products. in december, the company sold a large stake to jc penni which plans to open martha stewa stewart-branded shops later this year. hence the problem that will play itself out in the court system. >>> starbucks selling coffee to help people get wound up for their day. now it wants to offer a day to wind down at the end of the day. it's expanding sales of beer and wine to a small number of cafes in atlanta and southern california. starbucks already sells alcohol along with expanded food items in seattle and portland, oregon, and plans to bring the items to chicago by the end of the year. the company doesn't plan to expand sales of alcohol nationwide. but it is hoping it will lead to more customers in the afternoon and evening. i guess it's -- they want to

for details we turn to brian shactman live at cnbc world headquarters. good morning. >> good morning. we have a bit of a three-day winning streak. kind of looks like it's a bit of a pause. concerns about the greek debt talks coming back, we're waiting for news, there isn't any and people are getting nervous. yesterday's stocks finished higher again for the third day. we're at six-month highs thanks to encouraging bank earnings and encouraging job status. the s&p slightly better, the nasdaq the best of the bunch. eastman kodak vowing to rebound a day after it filed for chapter 11 bankruptcy. it has close to $1 billion in financial help from citigroup to help run during the filing. the iconic film manufacturer, they want to focus on consumer and commercial printers. we'll see if that works. about 20,000 workers at ford set to get a raise. employees reportedly will see salaries rise 2.7% and will get an unspecified bonus in the spring. making the combined pay boost the first since 2008. ford one of the major u.s. auto companies that did not take a u.s. fede

brian shactman is here. >> reporter: we had a great day yesterday, up 1.5%. statistic people are talking about when you trade up on the first day of the year, 70% of the time the year is in positive territory. in terms of the open, we'll be slightly negative but we're not going to give nearly what we gained yesterday back so we'll see what happens throughout the day. auto sales are a big thing we're watching today. they're expected to be up 8 to 9% in december. kia is supposed to be quite good. the thing i want to leave you with, what people did between christmas and new year's besides watch football and talk politics, they downloaded apps. 1.2 billion apps were downloaded that week. that's a record. 20 million apple or android phones were activated worldwide. it just shows you, chuck, you and i have got to develop an app, sell it for two bucks, sit back and watch it grow. >> apparently what i've got to do is develop an app that keeps my kids busy because that's what costs me a fortune it seems. >> me too. >> anyway, brian, thanks very much. >>> caucus confid

for a look at that and the rest of your news before the bell, we turn it over to brian shactman livecnbc world headquarters. good morning, brian. >> morning, jon. we're pulling back a little bit after the strong start to the 2012 trading year yesterday. stocks were up on the back of several better-than-expected reports from manufacturing all across the world including the u.s. overnight asian markets were a little higher. europe a little lower. up 179 points to 12,397. nasdaq up 43 to 2648. if stocks are positive on the first trading day of the year, historically they end the year higher 70% of the time. so that bodes pretty well. homeowners insurance rates could go up this year after a lot of natural disasters and 2011 snowstorms. hail, high winds, tornadoes. we pretty much had it all. they slammed insurance balance sheets. the insurance institute says they've seed record losses in four consecutive years, expecting premiums to rise 4% to 5%. higher reinsurance which is insurance contracts on their own policies. delta air lines adding a $3.00 surcharge on all flights between the u.s.

let's check in with brian shactman. he joins us live with more on that and the rest of the business headlines. good morning. >> good morning. we are strong here. dow jones up 120 points to start the holiday-shortened week. the story of the bullishness overseas, china, initial print on gross domestic product. believe it or not, it is at a 2 1/2 year low buttser than expected. takeaway is that china, maybe their landing will be a soft one. the government will step in and help out as well. in spain, i don't like to talk about bond options too much but s&p, if you might recall, downgraded spain's credit rating two notches last week. they had a bond option today that went extremely well. europe was up and we are up. here in the states, two earnings reports i wanted to share with people. one is citigroup and wells fargo. citigroup disappoint order their profit. and their revenue where wells fargo was strong in both. and the thing that people need to understand with that is that citigroup has vent banking and they had put asid

. >>> i'm tyler mathisen with sue herera and brian shactman. and that can mean only one thing, "power lunch" begins right now. >>> it is a friday. a huge week for earnings winding down. not bad. not great. same trend for the economic numbers that has investors a little rattled. the dow down close to 100 points, almost in triple digits. s&p down half a percent. nasdaq bucking the trend slightly in the green. the pulse of the markets, rbob gasoline reacting big to the refinery closures. up 2% to the upside. euro stronger. commissioner saying the deal is close. and 10-year well below 2%. midday movers rubber maid sales higher. a lot of moves on eastman chemical and buying specialty chemicals, up 5%. and up big after earnings swinging to a profit. flipped it quick. i forgot the percentage. start with chevron on the downside. q-4 earnings missed expectations. actually posting a loss. earnings dropped 90% the stock down 7.5%. and river bed beat estimates for guidance below consensus. that stock down almost 21%. let's get a little more on the markets.

. >>> let's get a check on business before the bell with brian shactman live with the snonew york stock are the story of the day. goldman sachs beat expectation, stock is up but in perspective, basically cut in half year-over-year. from all the banks we hear from, profits are okay but not making as much revenue because investment banks is down and loan growth spotty. the other thing i want to touch on -- >> sorry. somebody was talking in my ear. did you say goldman sachs beat expectations? >> they beat expectations but expectations have dropped through the floor, joe. they were making on an annual basis, $22 a share two years ago. they're now looking at $4 a share. >> so, brian, what are we to take from the fact that the two giants of wall street, jpmorgan chase and goldman sachs both over this past week, have announ announced disappointing earnings? what does that mean to the rest of us? >> it basically means in this environment, whether religigulas or whatever the environment is, it's harder to make me on the way they used to. not a lot of mergers and acquisition money and not getting

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go a little south of that beautiful scene to the new york stock exchange and talk to cnbc's brian shactmand, the economy is going to slow down for the next couple of years. but we are here to help. we are going to keep interest rates sneer zero. talk about that. >> 2014 is the number that jumped out and people were like, wait a second if they are going to keep rates that low through 2014, is something worse than -- do they know something we don't know in terms of weakness in the economy. listen, they say that their expectations can change with every meeting but that basically told people a couple of things, one, it is free money for longer, a lot of money came into the equity market, the stock market, and people went after dividend-paying stocks 'cause if you can't get any interest at a bank or a savings account, you are going to go after your fizers of the world and try to get some dividend yield. that is what we saw yesterday. going up against, joe, about 52 points from one-year high on the dow and just a little more than that from three and a half-year highs in the dow, seeing the marke