the nasdaq is higher by 12. and the s&p is lower by .75 of a point. >> making a jump from private to public for facebook to change its strategy. once you have to answer to all the public channels. >> big interviews from the big economic forum in davos, switzerland. explaining how the european debt crisis is impacting their business. >> later we'll hear from the german finance minister himself, and european commissioner on economic and financial affairs, how close we may be now to a greek debt deal. >> this is how the s&p 500 is shaping up. it's about half and half, positive to negative. you're watching cnbc, because we are first in business worldwide. >>> now facebook reportedly set to file its ipo as early as wednesday. and it could value the company at up to $100 billion. but will making the transition from a private to a public company have a big impact on how the company ultimately does business. jon fortt joins us for that angle. mark zuckerburg not only becomes a billionaire, but he has to hold the gms, is

let's get a check on the nasdaq, which is the winner this year and last. omposite is on course for the best monthly gain since october for the nasdaq. the gain on the sex of just a fraction at 2,813. it had dropped 13 points at the day's low. we're certainly off the lowest levels of the day. vix edging toward 20. there, the vix is now at 1947. it has not settled above 20 since january 18th. let's stick with technology. investors anxiously awaiting facebook's ipo filing, of course. we are expecting that filing for the ipo to happen as early as tomorrow. kayla joins us now with what we should be expecting. kayla, what are you looking for in that s-1? >> i've seen them as high as 400 pages, so you can get it's not a lot of stuff that guess excluded from these. first and foremost, look for the financials of a company that's largely been opaque about this kind of stuff. facebook is expected to disclose earnings for the last three years. they'll also disclose growth measures, which could make the trading go berserk, and they'll break down their operating margins.

the nasdaq is set to close higher for the third time in the last four sessions. the dow, however, in the red and set to pose its first weekly loss of the year. disappointing earnings from chevron. we did come off the lows of the day, however, following the "wall street journal's" report that facebook could file for an ipo as early as wednesday. coming up, we've got all the angles on the facebook ipo covered including whether valuation as much as $100 billion is justified. and the ripple effect that could be felt across other social media stocks. we'll get the outlook for the eurozone and impact of potential greek default, what it could do to europe. and jean-claude trichet, and wolfgang schauble and olli rehn. >> the nasdaq is inching higher. fortunately we're above 1300 on the s&p 500. mary thompson is our eye on the floor of the new york stock exchange. we've been above the 1300 on the s&p all week. that is positive. >> we're closing above 1315 for the week, meaning it finished the week in the green. so it's up for the fourth straight week as well. we'll take i

continues to be the winner. nasdaq up a fraction. nasdaq up 8% in 2012. it was the winner in 2011. and the s&p 500 down just a fraction at 1,312 on the standard & poor's. amazon.c amazon.com, 18.25 is the expectations. we're getting the numbers here. 17 cents was the expectation. and the revenue coming in at $17.43 billion. that is below the expectations in terms of revenue. $17.43 billion for the quarter. earnings per share, as i mentioned, the expectation was 17 cents a share. the earnings, not comparable to estimates so far. so we are looking at the expectations of 17 cents. we do not have the actual eps to do apples to apples. we'll wait before we pass on the numbers on eps. the revenue does look short at $17.43 billion versus an estimate of $18.25 billion. let's talk about these numbers and get an inside look with jon fortt. he's joining us from our headquarters. and her man is here from susquehanna financial group. and aaron is joining me here. jon, let's kick off with what we know on the fourth quarter on amazon. looks short. what do you know? >> ye

the nasdaq actually turned positive about 20 minutes ago. it's back in negative territory by five points. not a lot but it is negative. the dow 20 points worse than when we started this grand show called "power lunch." >> you want to see the changing face of american retail? look at our top of the charts today. radioshack announcing their fourth-quarter numbers weren't going to be very good. amazon's come out after the bell. a look at best buy, radioshack and amazon over the past five years. amazon up 400%, best buy down 52%. and

tonight with us interest the nasdaq. you must being in the season, hasn't snowed yet and that you call it vigorous. is it constructive for investors. >> i think it is, tom. we're building a formation of a warming domestic economic climate and that's important when you come out of a great recession now ten quarters removed and not seeing the vigor we'd like it see but seeing sequential improvement and positive developments on the moment front at this time it's important giving some event could be exported from europe or a slow-down in china that could be a speed bump to the u.s. economy when we least need the strengthening of our economics are important to ward off that event. >> tom: look for dividends to kick up the stock returns. it that too crowded of a trade though? >> that's gotten attention and worked well in 2011. believe it or not we continue to believe that will be an important area in which to fish for 2012 as well because if we are starting to see a slow down in global growth in a low-growth world income is goi

he joins us from the nasdaq. david, it's great to see you. we've got to start with the size abandon earnings miss at google. the stock closed down at 639 in the regular serks down around 577 afterhours. is this a hiccup in its quarterly performance or something more sustainable tow worry about? >> well, i mean, the question for google is its exposure in terms of overseas markets. the price per click that the company realized was something of a disappointment. expect had been the pricing would improve in the quarter and it looked as if price per:00 fell about 8%, primarily due to weakness in europe and to the extent google has this exposure and to the extent europe isn't going to turn around quickly this might be something google has to work its way through. >> tom: how about any growth on the android side of the market, in that area, which has been seen for a future growth perhaps in the years ahead? >> android adoption remains very strong and it's, obviously, important for google because google wants to be as significant in the mobile interne

the nasdaq -- actually, the s&p was down three points. the nasdaq lost four. taking a look at overseas trading this morning. in tokyo, the nikkei added nine points. while in hong kong, the hang seng climbed 230. >>> investors worried about europe's debt crisis on monday as official gathered in brussels. stocks got off to a rocky start as european union leaders worked on a permanent bailout zone. a deal was struck after markets closed but without a long-term fix for greece's debt, the eu woes will continue to linger. markets managed to regain some ground with telecom tech leading the way. new data saying people are willing to save than spend. >>> apple shares rose on news the iphone maker could pick up two new distributors in china this year. also on the upside, us airways climbed on news the airline could be a takeover target by delta. bank of america slipped 3% after goldman sachs cut its rating from neutral to bye. starbucks got a lift it will be open stores in india this year. on the downside, wendy's dragged the fast food chain lowering. spiraling ad sails

seema mody. >> three stocks to watch here at the nasdaq. chip equipment maker climbing higher on an upbeat earnings report and increase in bookings showing perhaps a recovery in the chips sector. on the flip side shares of river bed technology droppto its lowest level in six months after management warned of a first quarter dip in growth. lastly, check out juniper networks down 3.5% moving lower after fourth quarter came in softer than what the street was expecting primarily due to weak demand from service equipment makers. tyler, to you. >>> thank you very much. here we are with another edition, another edition, ladies and gentlemen, of buy, sell or hold. >> because you had no one else to get. >> we have three quarters of the anchor team of business center. how about that. this is the alumni edition. if maria were here. let's go to the stocks and go quickly here. texas instruments out numbers earlier this week. >> you know, i like big cap technology generally, tyler. but i would swap into intel. i still think it's a better deal all the way

the nasdaq also about 3% higher, up 76 points for the week. and the s&p 500 tacked on 2% or 26 points. >> susie: also giving stocks a lift: stock buybacks. u.s. companies are buying back their shares at the fastest pace in four years and doing fewer stock offerings. erika miller takes a closer look at what's behind this trend. >> reporter: you're probably wondering what i'm doing at a pizza parlor, when we're talking about stock buybacks. but an easy way to understand why they are growing in popularity is to use pizza as an example. imagine this pizza is a company and it's sliced into eight shares of stock. if a firm retires one of those shares, the remaining investors will own a bigger percentage of the firm. so, each share becomes more valuable. >> it helps the earnings per share, and makes up for some of the some of the growth they can't do on the top line. by reducing the share count, the earnings per share goes up. >> reporter: powered by nearly a trillion dollars of cash on hand, corporate america bought $118 billion of its own stock in

. >>> on wall street, the dow briefly rose, but it fizzled leaving the down and the nasdaq down. the dow lost 22.33 points to 12,734.63. the nasdaq fell 13.03 to 2,805.28. >>> state regulators are poised to vote on tougher standards that would require auto makers to go greener. the board is set to vote on the rules, they would require auto makers to make less polluting vehicles. it begins with vehicles sold in 2015. they would be required to emit 3/4 less smog. >>> another dry day outside and mild for this time of year and bill is hinting changes might be on the bay. bill? >> yeah. changes coming our way. sprinkles monday. it is not a major rain event but something to break up the temperatures and the fog. it is dry, high pressure settles in. high surf advisory is going away. still big out there. winds at 16 miles per hour. northwest is going like this. it is driveffing coastal fog into the folden gate bridge -- driving coastal fog into the golden gate bridge. visibility is nasty long the coast. valley fog reforms tonight it already is. you might have coastal fog and valley fog an

the nasdaq was down five. the s&p lost eight.hong kong, the hang seng was up 36. >>> the new year marks a new quarter on wall street. and some are predicting it's going to be a bumpy ride. speaking on tv over the weekend, french president, nicolas sarko sarkozy, says the greatest crisis europe has faced is not over. also underscoring the long road ahead, german chancellor angela merkel says that next year will be as difficult as 2011. the dow rose 5%, as cautious investors sought out blue chip stocks. the nasdaq lost 1.8% for the year. >>> looking ahead, the government's big december jobs report friday. more than 100,000 new jobs have been added in each of the past 5 months. and this time, experts are predicting 150,000 new hires. and the latest auto sales figures are expected to be up in december. minutes from the fed's latest meeting will be released tuesday. investors will look for assurance that the u.s. economy is on the mend. >>> an arbitration banal has awarded exxon mobil composition for the venezuela assets. the award is

right now the dow giving up 42 points. tech sector doing well. nasdaq is up by 8. netflix shares up 8%. s&p down one point. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> there is a new campaign to block the proposed santa clara stadium for the 49ers. the group, santa clara plays fair, launched a signature drive to block the financial plan for the structure. they need nearly 4500 valid signatures by january 17. that's in order to put the proposal before the voters. meanwhile the city as attorney's office is now looking into whether the petition drive is even legal. >>> big waves brought our scores of people today to santa monica beaches. that's what authorities are trying to avoid in san mateo county. gil diaz shows us some of the safety precautions being taken ahead of this year's mavericks surf competition. >> like a horror movie. >> reporter: the wipeout that plagued the last mavericks surf competition is something no one wants to relive. so the san mateo sheriff's department is make the pillar point beach and the bluffs no zones for watching thi

the nasdaq lost -- actually, the s&p was down three points. the nasdaq lost four. king a look at overseas trading this morning. in tokyo, the nikkei added nine points. the hang seng climbed to 30. >>> investors worried about europe's debt crisis monday. stocks got off to a rocky start as leaders worked on the details of a permanent eurozone bailout fund. a deal was struck after markets closed, but without a long-term fix for greece's debt, eu woes will continue to linger. >>> markets managed to regain some ground with telecom and techs leading the way. americans are more likely to save than spend failed to reassure investors. today, a fresh batch of earnings is on deck along with monthly home sales data. >>> apple shares rose on news the iphone maker could pick up two new distributors in china this year. >>> also on the upside, u.s. airways climbed on news the airline could be a takeover target by delta. >>> bank of america slipped 3% after goldman sachs cut its rating to neutral from bye. starbucks got a lift on news it will be opening stores in india this morning.

the nyse and nasdaq being a little unsocial. ion came here yesterday. he gave us a sneak peek at the rim road map. things got a little testy in that. we'll take you inside that meeting show you some of the cool new stuff they have coming out and talk about it. stick around. >>> let me tell you what's coming up on "closing bell" a little later on. we too will have the very latest on what's happening with davos. and we'll get three big hitters, heavy hitters, coming through from davos with maria to talk about europe. the former head of the ecb, jean-claude trichet, the german finance minister and vice president of the european commission. "street signs" is back in two. >>> the new york stock exchange and the nasdaq taking their fight to snag the facebook ipo to the social media. we're expecting over 120 new ipo transactions, while the companies see our value, we see our future friends follow us. the nasdaq making its pitch on facebook, running a trivia contest, asking you to like the nasdaq page and enter. who's winning the war of

the last half hour, not quite. now down 22 points, 12,638. nasdaq closer, down 5 points, 2811. the s & p, talk about, this the critical level on the s & p to watch is 1300 for some technicians. 1,311 now, down about 4 points. going to look what the traders are talking about today. mary thompson has been our eye on the floor of the new york stock exchange. >> more recently talking about what you were talking about, maria, receipt bound we are seeing here late in the day led by tech and telecom, the volume isn't great, throw things at it, seems to come back. let's take a quick look at the dow leaders now. ibm, microsoft, merck, at&t and verizon. at&t and verizon the poorer performers during last week. earlier today, we did see the s & p bounce off that 1300 level, the low of the day for the s & p 500, a critical level. then we had good news on the dallas fed survey, helped to bolster the markets and up and away since then. one thing to note, the s & p, we approach the end of january that being tomorrow, of course, if the s & p during the month of january has a gain of 4% or more,

the nasdaq lost 8. taking a look at overseas trading this morning, in tokyo, the nikkei dipped 56 points. in hong kong, the hang seng was up 36. >>> the new year marks the start of a new quarter of wall street. some are predicting it's going to be a bumpy ride as investors remain focused on europe's debt crisis. french president nicolas sarkozy said the greatest crisis europe has faced since the second world war is, quote, not over. german chancellor angela merkel warned next year will be, no doubt, more difficult than 2011. here in the u.s., the dow rose 5.5% as investors sought out the safety of blue chip stocks. the broader s&p 500 ended the year flat while the nasdaq lost 1.8 for the year. >>> looking ahead, the big jobs report is on friday. this time, experts are predicting some 150,000 new hires. >>> also ahead this week, the latest auto sales figures are expected to be up for december. minutes from the fed's latest meeting will be released tuesday. investors will be looking for reassurance that th

while the nasdaq was up 13 to 2724. d if you were curious, wall street does not suffer from fear of friday the 13th, which is actually friggatriskaidekaphobia. not easy for me to say. historically stocks end friday 13th higher. the s.e.c. is going to look at whether it's time to dump rules requiring cable and satellite providers to block out sporting events if teams don't sell out. a coalition of groups say the rules should be dropped because they prevent fans from accessing local games especially with ticket prices and unemployment levels so high. the nfl and other major sport leagues generally oppose lifting blackout rules. target planning to test apple stores next year. a spokesperson didn't say how apple products will be displayed or whether there will be apple employees to help customers learn about the products. apple has stores inside best buy but expanding its presence to target makes it more accessible to shoppers who aren't necessarily just looking for electronics. did you see the apple i44s launch in beijing?

the dow gained 179 points, the nasdaq added 43, and the s&p 500 was up 19.5 points. trading volume picking up steam as we come off the holiday-- 853 million shares moving on the big board and 1.7 billion on the nasdaq. the pick-up in share prices and trading volume comes as many smaller investors continue on the sidelines. suzanne pratt reports. >> reporter: it's cleanup time in manhattan from this weekend's new year's eve celebration. but today on wall street, the partying was still going strong, making for a beautiful beginning to what could be a better year for stock investors. many market pros remain guardedly optimistic about 2012, but with the lackluster performance of stocks in 2011, it's questionable whether small investors will even tiptoe back in. and if this manhattan ameritrade office is any indication, at least some are taking a wait and see attitude. >> i don't feel that confident in the market just yet. maybe in a few years, the market will turn around, but as of yet, it's still up and down. >> yeah, there might be ups and downs, but it will be volatil

ceo and some of the k employees are celebrating ñnfit trading on the nasdaq and the stocks are doinghk news from oakland, once again çk police moved in on occupied protesters from Ñ-frank ogawa plaza. alex savage tell çkus about thi latest raid, alex? gone. police removed it because they say the permit for the structure had been revoked. >> reporter: at least a dozen people were arrested although çk oakland police could not provide a specific number. riot police showed up around 11:30 last night and police pushed back a h8ñññgngroup of protesters holding vigil here and city workers came in and tore down a teepee that was set up =ççon the plaza. earlier they had a permit but 'z the ñn-ÑÑcity revoked that perm because there was overnight Ñ+jz camping going on. one protesters distributed xÑ- that. did have blankets because Ñ-it cold as heck. most of the ñntime we were Ñ-aw and socializing and çkbeing present, whatever, i mean it was not like we were having a full on camp out. >> çk)eporter: çkoccupied oaklam protesters put up that teepee çk after ñnthe original encampment at ñnñnfrank

the dow closed at 12,720, the nasdaq losing 1 point to close at 2786. jury selection begins in the long delayed trial of one-time billionaire allen stanford accused of running a ponzi scheme involving bogus bank cds, he was arrested and was beaten during a jail house fight. opening arguments are expected to begin on tuesday. a reboot for blackberry. the two men who led research in motion since the beginning resigned under pressure from investors. stock is at eight-year low t company struggled, the sales have been ellipsed by the iphone and android devices. they were slow to respond to the ipad. the play book has been bet poor reviews and poor sales. >> thank you very much for the report. >> let's check our forecast with meteorologist christina loren. she has a look at current conditions. >> it's raining out there. it has been pretty much all night long. some places heavier than others, i'm talking about at the coast. give yourself plenty of time. a lot of puddles, ponding on the highways even. especially through the construction zones. you can see from t

so far this year, the nasdaq is up about 6%, outpacing the broader market. analysts say that's due to attractive valuations and high hopes for earnings. suzanne pratt, "nightly business report," new york. >> susie: wikipedia, reddit, and an estimated 7,000 other websites went black today in protest of online piracy bills moving through congress. the companies say two web piracy bills, known as sopa and pipa, could lead to censorship of the internet and even cause some websites to close. the proposals have caused a sharp divide between companies like these and content creators, who want better protections against online piracy. reddit general manager erik martin said many new media companies feel the legislation could hurt online innovation. >> this is a battle between not necessarily silicon valley, the tech industry and hollywood, but people who really understand the internet and how it works and the potential it has and how to actually solve a problem like piracy, and people who don't. >> susie: some high-profile web companies didn't participate in the bla

the s&p up almost 5% for the month. nasdaq 8% higher, but the vix is creeping up. >> is volatility back? and is big cap tech she try today say, the best place for your money? stick around. some answers in two minutes when ty and i come back. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ ee wheeeeeeeeeeeee! wheeeeeeeeeeee! whee whee wheeeeeeeeeeee-he-he-heeeeee! whee whee wheeeeeeeeeeee! pure adrenaline. whee whee wheeeeeeeeeeee! everything you love about geico, now mobile. download the new geico app today. whee wheeeeeeeeeeee-he-he-heeeeee! >>> welcome back to "power lunch." i'm sharon epperson at the nymex. gold futures are holding up pretty well

today's business brief. 3 stocks ended mixed thursday.the dow fell two- point-seventy-two pointsbut, the nasdaq and the s&p 00 ended in positive territory.a report from the payroll processing firm a-d-p shows the private sector added 325- thousand jobs in the month of december... marking its biggest monthly gain in a year. and a government report shows jobless claims continueddto drop... showing signs of an improving economy.first-time claims for unemployment benefits dipped by 15-thousand last week, to 372-thousand. holiday retail sales brought like saks and nordstrom enjoyed strong sales over the holiday shopping season... compared o the year before. but stores that typicaaly attract middle to low-income shoppers like target, gap, and kohl's saw lower than expected sales.changes could be ahead for barnes and nobles' popular nook e-reader.the retailer is considering spinning off the nook into its own business as a way to further capitalize on the product's success.the announcement, coupled with news that barnes and noble is slashing its 2012 sales forecast, did not go over well. the company's

the nasdaq was up each session this week except for today, for a net gain of 1.4%. and the s&p 500 also saw four sessions of gains. yesterday, it was at a five- month high. this week, it gained 0.9%. earnings season just got started this week, and next week's calendar is jammed with lots of bank earnings. the financial sector led the market lower today, falling 0.8%. industrials and info tech each fell 0.7%. all 10 major stock sectors were down. within the financial sector, bank morgan stanley was the biggest loser, falling more than 3%. morgan stanley is among those banks reporting earning next week. some questions about its exposure in europe. the focus on europe intensified today with the action by standard & poor's to cut the debt ratings of several governments. one beneficiary is the u.s. dollar. the euro currency fell in anticipation of the ratings cuts, dropping to $1.26 per euro. that's the lowest price against the dollar since august 2010. also benefiting from the european worries? bond investors. bond prices rallied, pushing down yield. the benchmark 10-yea

the nasdaq 2.5, the s&p 500 to eke out a gain, just a fraction. volume was a little slower starting off the week, with 722 million shares moving on the nyse and 1.7 billion on the nasdaq. we got word late today of the possibility of a new deal for a big bailout fund for europe. it's a $600 billion effort to help out struggling european governments. it would be able to make emergency loans if enough governments agree. it remains far from certain, however. each of the 17 euro-zone governments must okay the creation of the fund before it becomes a realty. also today, the european union voted to embargo iranian oil imports beginning july first. u.s. oil settled up, almost to $100 per barrel. the european embargo was widely expected as an effort to pressure iran over its nuclear ambitions. still ahead, tonight's "word on the street?" "dividends." looking for steady and growing stock pay-outs from a drug maker and power company. >> susie: the federal reserve is about to break new ground, giving investors far more information than ever before about when