i live in the corner of larkin and valero and there is a honduran rock cocaine that are there. when gang members had a stay away order from the tenderloin they stayed on the larkin street. i don't know if that worked for them. somehow the dealers persisted. this is dealing right across from a community playground. it's a huge public safety issue. i was hoping that by maybe moving the western boundary of tenderloin out to van mess, that could help solve the problem certainly enforcing both sides of the streets of the tenderloin precinct is a huge help but i'm still going to advocate and hope that commissioners move the boundary to van ness. that will be helpful to giving the tenderloin the precinct power to deal with persistent drug dealing along with the western border. again, speaking as a private citizen is my concern. >> thank you, mr. louis. any other public comment? >> good evening, mary harris. i understand and i'm just doing this for clarification because there were some people interested but they are watching on tv. they didn't want to come down, that side on mission st

it all kicks off tomorrow with conoco phillips valero and royal dutch shell. to close the week we'll hear from chevron on friday and next week exxon mobile picks it up on monday with a report from bp on tuesday. analysts will be looking for energy companies to cut costs and increase efficiency to help the bottom line. but will it be enough? >> i think cost-cutting will absolutely be a main theme of this earnings cycle. right now, we're seeing estimates on the range of 10 to 20% reductions and service costs. >> the street will see 5% earnings growth in the fourth quarter of 2014. also projecting that energy will be the worst performer with the drop in earnings around 20%. what are the other concerns? job cuts in 2015. oil prices declining, and rigs shutting down. will more companies announce layoffs? >> i think head count reductions are all but inevitable at this point. given the severity of the downturn capex, budget reductions. we're talking about hundreds of billions of dollars that won't be spent this year. >> what will management say about oil prices will

valero hiked by 41%. the payout 40 cents a share made to shareholders in march. the yield on that dividend is now 3.2%. the stock popped 4.5% to $50.16. the farming equipment maker deere is laying off more than 900 employees in iowa and illinois the latest round of job cuts by grain prices hurting demand for machinery. shares fell more than 1% to $88.35. >>> our market monitor tonight is cautious on stocks but said investors should be focused on yields and opportunities that will be coming in the energy sector. channing smith joins us now, corporate director with capital advisor. what makes you cautious? >> i don't know if we're cautious. we don't see a bear market we don't see a recession. until investors start to feel central bankers or lose confidence we don't, but we're trying to be realistic. if we look at valuation, that's concerning us. the shiller p.e. an adjusted p.e. that takes the average earnings of s&p companies the last ten years divided by market prices it's at 27. and we've only in the 134 year history been above this marker and so we're just not

this is the valero station at first and sutter streets. 2-39 for a gallon of regular.says.. thanks to this cheaper gas, the average american household saved 115 dollars last year. tonight, stock markets across asia are falling after the dow lost 331 points -- nearly 2- percent. energy companies took a hit because of the falling oil prices. the nasdaq also lost one and a half percent. tonight.. people in one san jose apartment complex can finally take a hot shower, for the first time in a week. strong winds knocked over a tree last week, ripping up gas lines at the menclair apartments. p-g and e dug a trench around the complex to fix it. tonight, they are re-lighting everyone's pilot lights. it's been tough. it's been really tough. my son would say, mom i just want to take a shower, mom there's no hot water. and i'm just like, yeah, i feel like a bad mom. people living there are pleading with the landlord to give them a break on this month's rent. an international airline is apologizing to people on a nightmare flight to s-f-o. etihad airways flight 183 was stuck on the

we are looking at valero. >> no. we are not crazy about the refiners here.n't know what the margins will look like. it came. it went. it was terrific. let's go to joe in new york. joe. >> hi jim. this is joe from new york. >> nice! what is happening? >> i own kraft foods at 57 and want to know if i should buy more, sell or hold? >> i like kraft. i like some of the things they are working on to get their margins up. if you like income kraft is the better one. tom i. >> i am in westchester county booyah to you. >> my family and including my nephew. >> i want to hear your thoughts on uri. >> it is an oil business not an oil business itself but it has one. i think it won't be a worry. but anything oil or oil related is being shot. patience. let's go to chuck in california. chuck. >> yes. i am in sunny northern california jim. i want your opinion on orion bernstein, i understand it is paying 7% dividend. >> you know i have to do work. i want to make sure that 7% is sustainable. i know, to me it is on suspect watch no matter how good it is. we are go to do work. j

valero had good numbers. >> i was talking with mark newton and he said that, we saw gains abroad androtation where we saw energy and discretionary. david: ups not already, a 10% drop, how about that? >> they're going to do pricing going forward. right here domestically they had problematic numbers, down about 10%. david: from bad to extraordinary. box. of course, any company that has an ipo does well. tell us about it? >> 65% to the upside to the close. did not lose momentum. this is a data storage company, competes against microsoft, google, citrix systems, they held it off for better conditions. david: hats off to box, but our hat is not off to the markets in general. again, the dow is close to session low, just off the session lose, down about 141 points. the low for the day 146 points. nasdaq managed to eke out a slight gain into the green. that is the only index in the green today. a busy day. people not wanting to get too heavily invested because of what's happening again over in europe. we got it all covered, including patrick byrne, founder of overstock.com in just a minute.

. >> reporter: interesting, people were buying back energy, valero up 5.6%. bottom is. you heard calls for $35, $43. right now $49.01 in the after-hours, hard to say where the bottom is in that. cheryl: obviously, nicole, with a day like today, a lot of nerves about tomorrow. materials was the second best performer of the day. >> reporter: it really did well. great jobs numbers, great economy. alcoa up 3% and we'll watch it tomorrow. david: the market crowd is screaming of joy here, because this is one of the biggest market rallies in quite sometime. the high was 330 on the dow. we've seen other highs in the indexes. but basically speaking, we are trading up, folks. when you get over 300 on the dow jones industrials you're doing quite well. almost a 2% gain in all of the indices. let's get it started. "after the bell" starts right now. figure on a day like today, we need a big panel, and we have it. neiman funds, dan neiman, holding some cash, looking for opportunities. he'll tell us what and when he is buying. rdm financials ron wiener who loves apple has th

it happened around 1:0 yesterday afternoon at the valero gas station near 73rd and bancroft. police found a victim with gunshot wounds to the chest. oakland is another city that saw a drop in its murder rate in 2014. >>> it is day 2 on the job for sam liccardo. he started right away on new year's day that was his first official day as mayor of san jose. and he spent part of the day touring the boccardo reception center. it's one of the valley's last remaining cold weather shelters. before that he went on a ride- along with san jose police officers in the early-morning hours after the new year began. >> we know that they have been understaffed and they are husbandle hadding hard to try to get to all those calls and it's -- hustling hard to try to get to all those calls and it's important for me to see it first time. >> the disagreements between liccardo and the cops is because of pension reform. he is the 65th mayor of san jose replacing chuck reed who was termed out after 8 years in office. >>> some developing news now in the southeast. today search crews retrieved 21 more bo

>> i like valero. they have a lot of great operations here in the u.s. they can run heavy. they can run light. they're a solid company to be part of right now. >> all right. michael, let's turn it over to you. you like some of the big sort of drillers, i guess you would call them, in the oil field services company. why do you like them, and which ones? >> thanks, tailor. i think it's important to point out that our buys are based on a 12-month outlook. the next few months are going to be pretty sloppy but i think we are making a base here in many of these stocks so for investors with the 12 to 18 month time horizon, the big cap stocks in particular, these are good price levels good valuation levels on a good cycle basis to be looking at these names, and over the next 12 to 18 months you'll see 20% to 30% up side in these names. >> that's what you would like slumberge and halliburton. >> because of the pending acquisition of baker hughes buying baker here is a cheap way of getting halliburton a year or so from now. there's about a 12% spread on the two. essentially buying ba

considerable backlash this past summer for enplan to bring oil trains from canada and north dakota to its valero refinery. benicia calculated the risk as negligible with a predicted oil spill once every 111 years. the governor's office called the city's safety analysis flawed and asked it to take another deeper look. >>> it was a day of mourning in france today as the funerals began for the victims of the paris terrorist massacre. but if parisians remain united in solidarity some muni riders in san francisco are stunned to see anti-muslim ads on the buses they're boarding. the ads which equate islam with nazism come from the same group that has been placing anti-muslim messages on buses around the country for the past several years. nbc bay area's mark matthews is outside a bus barn south of market and mark. is there anything that the community can do about the bus ads? >> reporter: they're going to continue to run them for legal reasons that we'll get into in a minute. you'll remember pamela geller's first ad campaign back in august of 2012 with an ad that said in any war between the civilized

and today seeing uparrows from valero, halliburton, and the xle is the compilation of many of the namese. david: of course, the reverse of that is the airlines, talk about that later. amazon. we saw it jump in after-hours. >> i don't think people expected it to continue with that momentum and such force. it's closing up 14%. that's a huge move on great numbers for earnings season. liz: and then of course microsoft on the flipside, worst performer on the dow, can't shake the numbers it reported earlier this week. >> right. it's a loser, 40, 41, under pressure, we had cat pillar and jpmorgan for the month as losers. today's loser is definitely microsoft. david: visa? >> visa, stock split and a winner. liz: i got to hear it, it's a friday. here come the bells on wall street. david: down 248 points, wow! >> definitely at or near the low of the session. a real acceleration in the final minutes. we have red on the screen and it's the s&p 500 down 1.25%. the russell getting crushed, down two full percentage points on a day where oil saw sea legs and spiked. so did gold. "after the bell" starti

it happened at around 1:30 this afternoon at a valero station. police found the victim with multiple gunshot wounds to the chest. oakland was another city that saw a drop in its murder rate last year. >>> a bay area neighborhood wants to fix what they see as a glaring safety issue. it's a stretch of dangerous road in walnut creek. the city says it doesn't have the money to fix it. kpix 5's ann notarangelo shows us what neighbors are giving up to make that happen. >> reporter: watch how close this car is to these teenagers walking along the road. that's the daily obstacle course on walnut boulevard between homestead and sierra drive. >> there's a pretty dangerous stretch of road out there and think about our kids. >> reporter: it wasn't her kids that were hit last year. >> i could tell i had been hit in the back and landed in a driveway off to the right. >> reporter: a truck's bumper and side mirror shattered her lower back. she is convinced a child would have been killed. there is nowhere safe to walk here. on one side is a culvert with nowhere t

week in a row for oil, and those names such as chevron have been the laggards, halliburton down 1%, valeroseeing red today, i'm wondering if there was a common theme as to why. >> certainly something the quarterly results, there are some big moves here, bed bath and beyond down 6.7%. however, some of the retailers earlier in the week doing great, so so it's a mixed bag. david: and, unfortunately, financials, the worst performing sector -- >> and underperforming this year too. david: yeah. all right. there are the bells. looks like we're going to -- we're off of the lows of of the session, that's the best we can say. liz: indeed. "after the bell" starts right now. ♪ ♪ liz: a brutal ending for . liz: a brutal ending for two deadly hostage situations in paris today.. david: a female gun wielding accomplice is on the run. james, i got to ask you first of all about what might happen? because of course, we're all on tenterhooks whether something else is going to come down over there, we have the one terrorist apparently on the

>> the one i was looking at valero, over 5%, it's a good value. i think chevron and exxon are good values at well at different prices, other areas are in tech, qualcomm, western digital will surprise with earnings at the end of the month here. cheryl: dan, back to you on earnings, we are kick off next week, and it seems that we've gotten a few of the retail names coming in, are you feeling good about the earnings situation for next week? >> the amount of cuts, a lot of the corporate america has done in the past three, four years is going to come through, i think holiday season was a good season, especially with the price at the pump being lower, we're able to spend more, and earnings will be positive. david: scott shellady, it's the same question i asked to joe, i'm wondering if traders look at fundamentals when buying on a day like today. seems that fundamentals are a side issue. the question is, is the fed going to keep pumping? the answer is yes. are all the other markets bad? the answer is yes, it doesn't matter what the fundamentals are indiv

this is the valero station at first and sutter streets just south of downtown.gallon of regular. aaa says that thanks to cheaper gas the average american household saved $115 in 2014. >>> and here are the current average prices according to gasbuddy.com. in other parts of the bay, in san francisco, a gallon of regular goes for an average of $2.82. in oakland, the current price is $2.65. and again in san jose, slightly higher at $2.66. >>> 5:55 now. two nypd officers recovering after they were shot overnight. what led to the attack on a department still reeling from its recent losses. >> you've seen the famous house before but never like this. a suspicious fire at the mrs. doubt fire fire house is being investigated as an arson. takes is a wa rt and a cold nose. that's why mattress discounters good deed dogs is raising money to train service dogs for people with disabilities. i would never imagine a life without an assistance dog ever again. i relied on people a lot. he helps me live a more independent life. bulldog: we need your help to do more. give at mattress

meadwestvaco and valero with strong percentage moves. meadwestvaco up about 5%.f the reasons it's up is because oil has stabilized. even at lower levels it's still the stability in oil that art cashin has said the market is watching closely. that's basically moved the market to the upside today. we have west texas intermediate down 1.5%. brent down about 2.25%. but we're at those levels ty and mandy, that will be very interesting to see whether or not the oil market tests and moves through. and if it does we may see some of the steam come out of this market. >> all right, sue, thank you very much. and we talked last hour about some of the oil stocks that may be at buying opportunity prices. we're going to talk about that as well on "street signs" where i'm in for brian. sue, thanks a lot. >> that's right. i'll see you tomorrow. have a good show guys. >> you bet. and "street signs" begins right now. >>> please make up your mind markets, after sulking in the corner for the start of the year stocks once again the life of the party, as we saw a moment ago, crude oil

reports from valero and phillips 66 which were very good.ock got clobbered first half of january on the collapse in the spread between west texas intermediate and brent but now we're seeing there's a lot these guys can do. crude oil is their largest almost their only raw material input so lowering prices helps. secondly, they can drop downs assets into their mlp. and frankly they also have some capital return plans that may be released on the earnings. we're excited about marathon petroleum. the other name is general motors. this stock has really underperformed the market in the first half of january. that's primary on what's going on in europe. but let's not forget that we're really seeing an uptick in car sales here in the u.s. yes, people are saying that's a lot of prime, subprime auto purchases but as long as job growth remains healthy, those subprime loans should be fine. >> and gasoline prices falling must be the wind behind that. >> that also helps on trucks which gm has a large truck lineup as you're aware. >> coming up, an unpredict

we should mention bolero -- bolero, --valero.s and gas have tripled because of the drop in oil. >> will be back in two minutes. -- we will be back in two minutes. ♪ >> if you're always wanted to invest in a new york city property, now's your chance. for $5,000, anyone can own a piece -- almost anyone can own a piece of three world trade center. it is being offered through the company fund rise which sells world-class properties to accredited investors. his new way to own property has received backlash, especially among big banks. joining us to discuss this is dan miller, cofounder and president of fund rise. this peak my interest because this is an iconic new york city skyscraper that is being built. there is been so much controversy around the world trade center. why help fund it this way? >> we wanted to give people the chance to invest in the highest quality assets in the world. deals like this are traditionally limited to people with $100 million of network -- net worth. >> what does it entail? tell me how the process works.

but the american producers like exxon and valero and conoco.nezuela, kind of known as an unfriendly nation to us. or we can buy it from canada but we still import over 4 million barrels a day. we're going to buy it from someone. that was his point. >> no doubt. it's hard to listen to some of the reasons. anyway, thank you. thanks, brian, thanks for going there. i've never been to calgary, but i would like to sometimes. let's turn to one of our "squak" laureates. joining us is bob schiller. founder of home price index. a fewreal renaissance. when it goes from $100 to $45 globally, it's a huge -- there's going to be huge ramifications, whether positive or negative. up thought this through? >> well i don't know if i have the answer. >> wait a minute wait a minute you have the nobel prize, okay? that's all you got to say. >> right. >> tell us -- it is positive or not? >> net net positive on what. now, for calgary home prices it's net negative. >> you're going to look at it for home prices. in general, as an economist, is it a tax break for the enti

pobrecitos de mis hijos estÁn creciendo entre el miedo yo fui muy feliz de niÑo jugando con mi valero

and valero, one of the potential users consumers of this oil is building export facilities in order to handle for exports in the international communities. none of us can speak with any definitive judgment how much of this oil will in fact end up in the united states. but the fact that they're transporting it to a southern port they're not transporting it to a refinery this the midwest which would be a lot closer and a lot cheaper is a clear indication that this oil will end up in the international marketplace. and have very little to do with energy security here in the united states. i think we've got to make that clear. so here we are bypassing the normal process we're doing it for allowing canadian oil to enter the international marketplace more efficiently with risk to the united states with very little benefit. why are we doing all this? we hear jobs. i'm for job creation. i would like to see us work on a transportation bill where we can create millions of jobs in a far more harmonious way than we can with keystone. i'm for clean energy policies which have proven effect that will

valero stronger than expected results. chevron tomorrow, exxon next week.'s given up most of its gains now. holding on to a 13-point gain. >> story that we've seen any number of times. did want to hit -- i love the media companies, as you know. viacom reported a mixed picture. ads down about 6%. affiliate feed growth not bad. people on the call waiting for guidance. i have to tell you, at this point, not sure what we got there. the show started, had to get off the call. producer's on it. not sure we got a lot on it. the other key, future of the company, summer red stone controlling shareholder. he didn't speak on the call. some people will -- you know, a mistake to draw any conclusions, that's all i'll say on that subject. any conclusions you draw from that would most likely be perhaps incorrect. but you know the question for viacom, of course becomes, jim, can you compete effectively in this rapidly changing environment in which we not just see disagreements or potential dropping of your channels by bis butte distributors but cable sets at home no longer g

and valero, one of the potential users consumers of this oil is building export facilities in order to handle for exports in the international communities. none of us can speak with any definitive judgment how much of this oil will in fact end up in the united states. but the fact that they're transporting it to a southern port they're not transporting it to a refinery this the midwest which would be a lot closer and a lot cheaper is a clear indication that this oil will end up in the international marketplace. and have very little to do with energy security here in the united states. i think we've got to make that clear. so here we are bypassing the normal process we're doing it for allowing canadian oil to enter the international marketplace more efficiently with risk to the united states with very little benefit. why are we doing all this? we hear jobs. i'm for job creation. i would like to see us work on a transportation bill where we can create millions of jobs in a far more harmonious way than we can with keystone. i'm for clean energy policies which have proven effect that will

furthermore refiners who have contracts with trans-canada -- that valero, have publicly confirmed that the oil that will be shipped through keystone x.l. pipeline will be used for u.s. domestic needs. the u.s. retains 99% of all crude within the country and uses 97% of the gasoline refined in the country. and a large majority, over 90% of transportation fuel refined in the u.s. is for use in the u.s. look these are global markets many i ammarkets iam not saying that there are none that would be exported. but we are going to use this oil in the united states and if we don't build this pipeline then one of two things are going to happen, according to the environmental impact statement done by the obama administration. either one if you can't build the pipeline, then it's going to have to be railed into this country, the same way i just got telling you we railed 700,000 barrels of oil out of my state in north dakota. so we're going to have to rail more of the domestic crude that i mentioned. we're going to have to rail more of that domestic crude oust here continuing the congestion on the