usg. >> another rbc call. bob wp good for this show.aising usg to 35 bucks and putting this in his firm's top pick groups. sees 10% jump in board sales. home improvement trends tend to get bet are. they will make more money on each wall board. >> i cannot get through each day without at least six cups of coffee, which is good for a company like there, caribou. >> i have to say it is my favorite coffee. but they are gone now. because privately held german company is buying caribou. interestingly enough, they coupled and bought peet's coffee. they are becoming a german starbucks competitor. if you own caribou off toy stib this morning, congratulations. cutting price target to 675 to 575, this is despite report that apple sold more than 2 million iphone 5s in three days in china. remember all of the lines, everybody freaked out. didn't matter. they had lottery ticket. still sold iphones in china eye poen is 51% of apple's total revenue. you cannot understate or overstate the importance of that. >> the best first week of sales ever. >> if y

the usgs said the quake was reported at a depth of 158 kilometers. indonesia's's position within the ring of fire makes it prone to it -- indonesia's position within the ring of fire makes it prone to earthquakes. travelers have another nasty surprise waiting for them this morning -- and announced -- an unannounced strike by security workers. that caused several flights to be cancelled. >> frankfurt was particularly hard hit. today's strike complicated cleanup efforts from a recent bout of pretty harsh winter weather. german exports surged to a new high in october. >> the german companies sold almost 100 billion euros in goods and services in the month, up almost 10% compared to last year. it is not all good news. fewer orders from europe caused germany's trade surplus to drop to its lowest level in the last six months, adding to fears that europe's largest economy will contract in the fourth quarter. more bad news from germany's struggling automaker opel. the european division of general motors says it is shutting down its plant in the western germa

the usgs reported a magnitude 2.4 earthquake struck just before 12:30 p.m.he epicenter was 12.4 miles from milpitas. >>> not everyone is enjoying christmas home for christmas and the holidays. lorraine blanco is showing us those people who are working tonight. >> reporter: yes, you and i both are working today. in the heart of san francisco, families skate into their families armed basking in the way of christmas fun. but just as families share holiday quality time many people work. to keep the streets tidy in union square, to show tourists the prettiest parts of the city. >> i would rather be home but it's okay. >> reporter: and of course to save the day when needed. >> it comes as part of the territory. it's part of the job. >> reporter: at starbucks it's a reinvolving door for those who need a jolt. >> vanilla bean frapuccino. >> reporter: the baristas are finished. >> somebody has to do it i guess. i've worked on christmas and sometimes you get time and half. >> reporter: if you own a business no extra pay. but for max and tammy it's another day. >> it's

the usgs says it was a 6.4 quake. thousands of people felt it near the us-mexican border but

this is a map of the usgs that shows the potential levels of ground shaking that could be experienced across the bay area in a repeat of a major 1906-like earthquake on the san andreas fault. very strong shaking would affect most of san francisco and would last well over a minute. for context, in 1906, over 500 miles of the san andreas fault moved in a second. in 1989 in the loam loma prieta event (inaudible) understand our interdependancies and we launchd an inder dependancy study earlier this year. this will benefit all our operators as well as the region's businesses and residents. first we want to build on an understanding of all of our existing system interdependancies and the consequences of existing conditions to help expedite sppbs and restoration planning among agencies. with this we will also identify the key assets and respiration of priority schemes to prioritize and restoring and rebuilding our city and ultimately the region after such an earthquake. we will then work to develop a set of life line expectation under current systems and standards developed over the next dec

cal ema and we've developed the ability to import data from every allied organization whether it's usgs, the law enforcement agencies, fire, weather, what have you, to be able to put it out in layers so we literally can know everything going on. we can see lightning strikes that cause fires, down to the size of a car fire. we're often able to do predictive analysis that exceeds the ability of fire and other agencies and able to call them up because we can see this and we've trained our battle captains that work in our operations center to think ahead and think three moves ahead whether or not an event they see developing is going to cause a trigger that is going to require national guard or other military forces to deploy. >> if i may, i think it's for us, myself as the senior leader in third fleet, it's about information sharing and intelligence fusion and turning that into actionable knowledge. we have a 24/7 maritime operation center as well that we attempt to do that. we do have cnn up, usually turn the volume down and just look at the pictures and read the bumper sticker underneath

we talked to geological folks with the usgs who tell us fracking causes earthquakes, small earthquakes but earthquakes nonetheless. have we studied that? no. do we know exactly what's going into the water and whether the water gets to our drinking -- no. we're just not studying it. we turned a blind eye here in california which i find ironic, david, that california which is known as a progressive environmental state doesn't know anything about fracking right now. and if you've talked to the folks in sacramento, that's going to change. but so far, it hasn't. >> all right. thank you so much, stephen. >>> all right. let's talk about a more familiar industry that many of us will be dealing with over the holidays. air travel. but what may not be so familiar are the new ways airlines are racking up fees. david, you've been reporting on this and what kind of changes are you seeing? >> i think passengers can expect to be increasingly fracked as they're traveling simply because the fees will keep piling up. today we had southwest airlines coming out with a new fee. southwest is one of the very

the usgs says that the earthquake hit about 200 mi. off the coast. but to some the warning issued early this morning has since been called off. >> a chance of showers are is and the forecast but hopefully that will state toward the north. we see patchy areas of dense fog in some areas. there are mostly sunny conditions as you head into the afternoon. it will be slightly sunnier for the afternoon. the visibility is still down to zero in napa. it has been flip-floping. as for storm tracker 4 it is still hugging the bay shore area. it will clear off by 10:00 a.m. and we will be seeing about--iteen a cooler start for the morning because of the clear skies. we are still dealing with an upward 30's for napa up in fairfield. >> as we set the clock to 9:00 a.m. we are expecting widespread 50s. this is pretty much where are afternoon highs will be at. it will be similar to what we saw it yesterday. the temperatures will drop back down to the '50s by 8:00 p.m.. 63 degrees in santa rosa and 62 degrees in downtown san francisco. for those of you head into taco t

the usgs saying it was a 7.4 magnitude quake. a tsunami warning was issued and it could be as high as two yards. so far there is no word on any major damage. videos show buildings in tokyo swaying for at least several minutes. you may remember the massive earthquake last year in japan. this tremor is not expected to produce those kind of widespread tsunamis. again, a 7.4 magnitude quake striking off the coast of japan has triggered a tsunami alert, but at this point there is no word on any damage. stay with fox newschannel for the latest on this developing story. now back to "red eye" already in progress. >> lightning roouuuuuuuuuunnnd d lightning round. >> will you join me in urging everyone to boycott the grammies because of this? >> scooter said it better than i could. the kid delivered. give it a break. also who cares? the beatles and led-zeplin were not raking in the grammies. some people are just not understood. >> that's true. he is like our van gogh. >> how many did velvet underground and niko win? do you have to cutoff y

the usgs has a charting system that charts out what kind of damage can be expected with this. there's a minimal possibility of widespread damage. a widespread tsunami alert as well, but an earthquake to be taken seriously. when you consider what happened here 12, 15 months ago, a lot of folks are on edge with this quake and are shaken up a bit. >> definitely still a lot of drama there. thanks, pedram. >> just to recap, a 7.3 earthquake off the east coast of japan. a localized tsunami warning is in effect, particularly for the miagi prefecture region. there is no widespread tsunami warning at this point. we'll continue to follow this story and bring you developments as we get them. for now, "world business today" is next for international viewers. and viewers in the united states, stay tuned for regular program. i'm atika shubert. >>> and supporting this, did he give you any reason why he reversed himself? >> well, i think in the last week or so, a lot of fiction, a lot of innuendo was drummed up sdz by senator mike lee and senator rick santorum and how it might impact homescho

the usgs says the earthquake struck about 200 mi. off the coast of japan. the epicenter was about 6 mi. beneath the seabed. >> and here is video from youtube when the earthquake hit in japan. buildings and tokyo swayed for several minutes. a 6.2 aftershock struck after the close after the initial quake. >> a men is in critical condition this morning after he fell from the upper deck of oakland coliseum at last night's raiders game. kron 4 urs will tran joins us live from the coliseum. we'll? >> this rail is pretty much typical or around the coliseum and it goes as high as your chest level. there is nothing that could a prevented him from falling more. there stating that he possibly jumps. unless they talk to him and hopefully pulls through this as well as the witnesses. they're going with the fact that he just felt. they're looking at the fact that maybe at all was in his system when this happened. they're conducting blood test to see if this played a role. the raiders stated that they are leaving this up to investigators. they stated that the oakland polic

>> i like usg.eason i do is for a variety of reasons, one of which is goldman just recently talked about it in a very positive manner. you also had rbc talking about it in a very positive manner, putting it as a top pick. when you look at this as the derivative off the housing play, berkshire hathaway, i think the stock's cheap. >> joe? >> talked about financials before. you will continue to see reserve releases. goldman sachs, tremendous appreciation potential in 2013. in the regionals, look for m & a activities. >> doc? >> i like vmware. i think the pause button has been hit by europe in particular and by u.s. companies as well. i think they take their finger off the pause button and this thing goes back to work. this is one of those great stories that just continues to move forward because of the adoption of virtualization and the cloud, whether it's amazon or anybody else. i love this play. >> we spin the wheel, whether does it stop in 2013? what's the winner? >> i think for me the winner will b

the usgs has revised magnitude to 6.3. no word of damage and there was no tsunami warning but a lot of folks in southern california woke up and said, what's going on? >> 6:02. bundle up because it's freezing in some parts of the bay area. >> i have a question >> what is colder right now, outside or the cbs 5 studios? >> let's ask lawrence. it feels like in here -- >> it's freezing in here. >> i am perfectly warm today. i think it's just working with you guys. [ laughter ] >> oh. >> yeah. >> that's cold. >> that's real mean. >> sorry about that. hey, folks, looks like we have some cold temperatures showing up outside. frost advisories in the east bay but now the storm clouds starting to roll in and that's starting to warm up the temperatures a little bit. seeing some of those showers most of it off the coastline but now you can see some rainfall making its way into parts of the north bay along the 101. watch out for that. you have may just briefly need the windshield wipe, but really other than that doesn't look too bad. th

>> i'd like at usg, housing recovery play, and lastly i'd look at clean harbors, a play on cleanup and recovery, industrial play, but one that has a pretty steady cash flow. >> you like schneider as well. >> another one on the international side, electrical equipment and industrial distribution. >> mark, congrats on a great performance. >> thanks very much, guys. >> thank you. we're in the final stretch. 20 minutes before the market closes on a thursday. market creeping up higher. up 35 on the industrial average. >> up next, three top traders weigh in on how today's huge exchange merger will help impact your investments. >> and what does aig have up its sleeve now that the government has sold its stake in the company? more on that later on the "closing bell." stay with us. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ m

to be aware of that, but i'm doubtful there's too many muslims working into the top echelons of the usg. >> back to the fact of what jay was saying on political warfare. the state department. i think that -- i don't think that's the key problem. i think the key problem is the view which is very popular in the united states, including the united states government, that the islamists, not al al-qaeda,t the muslim brotherhood is the way of the future. it is the authentic voice of the muslim world and how do we know it's authentic? they hate america, the ultimate proof. it remind me of the old days in lat tip america when the carter administration thought that the wave of the future, the authentic voice of the people was groups like the fmln in el salvador. how do you know they are authentic? they hated america. you see the refusal to engage in political warfare in places like egypt, where, you know, 48% of the people voted against morsi for president. they didn't want a brotherhood president, and right now, today, this week, thousands of egyptians out in the street protesting, only we're n

when he goes out and o'sullivan goes out in surveys for the usgs, for the u.s. government, he is part of that but there are things he is saying in the photos that make you wonder. where he for instance puts a ruler, a ruler underneath a rock that talks about, that has an inscription in spanish that says when the spanish ruled. and then you are thinking, and he is making fun of his survey captains but the great thing is, we don't really know what he thought and he didn't leave much at all. >> we will be done with him for sure. >> so we will open the floor to questions. jack, what is your question? >> hi. a great talk, really enjoyed it. a two-parter. is the -- still around and the historical preservation office? >> well, the agent block is still around. where is a? there is a conference about it recently, and maybe three years ago at the india house but there are pieces of it still around. after the second time jamie kelly founded at the aquarium that robert moses was knocking down, he got it somewhere. maybe it's the historical society. i don't now remember it i

the usgs said the earthquake struck about 200 mi. off the coast of japan.f the epicenter was about 6 mi. beneath the seabed. buildings in tokyo's way for several minutes. japanese meteorologies have lifted a tsunami warning for the country's northeastern coast. according to the tsunami informations center a destructive pacific wide tsunami is not expected. and there is no threat to why at this time. the quake off the coast of northeastern japan is the same region that was hit by a massive are quite and tsunami in march to about leaven that caused the nuclear plant disaster. >> here is janu with a look at our forecast. >> you are right it is, whether. we are dealing with areas of fog this morning but as for the week ended will be sunny and warmer. into midweek we do have a cool down and a chance for showers touches day to our north. visibility now is improving in santa rosa at about 3 mi. with just over a quarter of a mile in napa as well as novato. on fog trucker 4 when was it where it is sitting hugging the bay shore as was the south and north bay valleys.

>>> a mag toout attitude 6.4 earthquake has struck off northern baha, california, according to the usgs. we are just now getting reports of the earthquake and we don't yet know the extent of the damage or the areas affected. >>> in japan, meanwhile, ahead of sunday's election, the rt yeaherly survey shows the manufacturer's mood is plunging, hitting a worse than spec'd reading of minus 12 after being down nine points from the september survey. polls are consistent about which party is likely to become japan's next ruling one. kaori enjoji has more. >> reporter: the japanese prime minister is trying to keep his party in power two days ahead of a general election. the polls are suggesting that the ruling democratic party of japan could face a drubbing and it could pave the way for the return of the liberal democratic party of japan. >> japan is going to have another election due next year. and what abe perhaps is going to do is to use the government machine as much as possible in order for the subject to be increased, to sustain some of the public works because there is another critical j

two quakes with in seconds of each other were first reported but the usgs says now there was just onemain quake. there was a 4.7 after shock and that hit 15 minutes after the 6.3 quake. no tsunami warning was issued. >>> the massive fire at a fremont machine shop remains a concern this morning for several hours yesterday thick black smoke came from the factory near interstate 680. we are at the plant where firefighters are still keeping guard this morning. good morning. >> reporter: good morning. the fire department was called back out early this morning to take care of a stubborn hot spot. later the fire marshall is expected to come out to investigate. you can see this morning what's vest a gutted office building and machine shop. the fire started in the company around 1:45 yesterday afternoon. firefighters had to battle it defensively. the roof collapsed just minutes after they got here. management said they have a good insurance poll and i employees their top priority. all 80 or so employees escaped with no major injuries but the building was destroyed. >> shut the power off and th

. >> you can build a portfolio that had usgs and depots and some trucks, right? some autos. >> yes. is spectacular. if you had an inkling that europe was getting better a bit, ford is a $15 stock. >> funny you mention that. jim o'neil of goldman on "squawk" saying i know of investors in europe who haven't dreamt of that in years. you made a point to a large degree that's where some money is going quickly. >> a lot of money. i had bill mcdermott co-ceo of s.a.p. on "mad money" on friday. best third quarter. fourth quarter could be increedable. europe getting better. even better for them. kind of remarkable. >> merkel has given interviews saying that a debt write-off is feasible down the line. that's key coming from her. >> reached a deal last night. >> not to mention bond buyback from greece today. that's a short-term pop. >> anyone who is fearless enough to wade into greek dead a greer later -- not even a year -- feeling much, much better. even today the yield falling dramatically as a result of those headlines you just discussed, carl. >> italian bonds, spanish bonds, greek bonds,

it's sherwin williams, usg. true or pot? >> i think there was a rotation trade that happened. a bit in the beginning of the year. ran up again in the second half. people look for ancillary ways to play housing. those names have caught up a lot in terms of valuation. you can be choosy. we like mohawk a lot. but i think you have to be choosy in terms of valuation because thief had big runs, too. >> you point out for december traffic perspective buyers. pretty good, right? how would you characterize it? >> i think what we did see this year which is pretty interesting, normally there is a lot of seasonality. summertime, things drop off. gets better for a little bit in fall and then slows down toward the end of the year. we haven't seen that seasonality. things have stayed strong. a lot has to do with afford ability. we have inexpensive 30 year fixed rate mortgage. the other thing is if you already own a home, if you're a move up buyer that's owned a home, great rates, great time to be in the market. the real concern is the entry level buyer. we need them to come back into the home