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A list of stocks she says will rise 15 or more in the new year and names you probably already know. That and more tonight on nightly Business Report for friday, december the 20th. Good evening. Im Bill Griffeth in for tyler mathisen. Im susie gharib, good evening from me, as well. The economy is looking good and the strong numbers out today surprised just about everyone. Gross domestic product, the sum of the goods and Services Made in the u. S. During the Third Quarter, it rose a better than forecast 4. 1 , the fastest pace in nearly two years and the economy got a big boost, not only from higher Consumer Spending but business spending, as well. The improving economy was one spot president obama could rave about in the end of the year News Conference at the white house today. As we head into next year with an economy thats stronger than it was when we started the year, more americans are finding work and experiencing the fight of a paycheck. Our businesses are positioned for new growth and new jobs and i firmly believe 2014 can be a bright year for america. Breakthroughs on wall street, the major averages wrapped up one of the best weeks of the year with new alltime highs in the dow and the s p. Even though stocks sold off into the close, the dow transports and the russell 2,000 closed at record highs. Here is a look at the numbers, the dow up 42 and nasdaq up 46 and s p added nine points. Joining us to talk about the strong gdp report and what it sees about the economy, lindsey, chief economist. Good to see you again. Thanks for having me. Is this growth sustainable . 3. 6 , Third Quarter gdp is strong and down right impressive and even the combination of growth was much more balanced. It was from 1. 4 to 2 . Even at 2 this is a far cry from the gang buster levels we would like to see and see this adjust well see above 2 growth into 2014. All right. But lets just say, lindsey, th this, the question, are we going to carry over into the Fourth Quarter because remember, third of the growth that we saw in the Third Quarter was inventory rebuilding. As retailers, as businesses struggle to get through the inventory in the fourth, they will contract from what we see in terms of growth at the end of 2013. Going into 2014, again, i suspect given the pace of labor markets that will keep growth at a very slow but positive pace and keep Interest Rates under control. Of course, this was the week the fed announced they would begin tapering the Quantitative Easing Program in january. I guess good timing, huh . What we saw in the Third Quarter gdp report was in line with the assessment on the brooder economy. Its not on Strong Enough footing to suggest the fed can begin to remove a combination at a very robust pace. Again, during the press conference bernanke said this should not be seen as a step back and will keep rates a a level through 2014 and 6. 5 on the unemployment rates. So if youre a home buyer, lets say, and you have to go get a mortgage, should you feel relaxed about how things will look the next couple months based on what ben bernanke is saying, and what your forecast is on Interest Rates . I certainly think so, although, its very likely we see a very slow increase in rates over the next several years. The idea that rates are going to shoot to the moon overnight really doesnt jive with the weakness were seeing in the underlying fundamentals of the economy. And the other shoe, the jobs growth, you mentioned that. Thats something thats job one for the Federal Reserve right now for the kind of growth were seeing here. Is that the kind of growth that will promote more job growth in 2014 . You know, i certainly hope so. Were not seeing it as of yet. October, november, these were back to back plus 200,000 reports, if you think back before the recession, the borrower expectations was well above 200,000, we were looking for 300, 400,000. The bar has been lowered. Second of all, if we take a longer term view and look at the average growth rate over six months, 180,000, the same growth rate from back in january. Despite the fact were 11 months forward and saw the weakness in the middle part of the year, were no better off than we were in january. Lindsey, chief economist at stern ag. Thanks for joining us. Thanks for having me. You bet. More good news on the economy with unemployment rates fell or unchanged in all 50 statements in november, employers added jobs in 45 of the states and the district of colombia. Nevada had the highest jobless rate at 9 , north dakota has the lowest thanks to the energy jobs. North dakotas rate is 2. 6 , california, texas reported the largest job growth. One person that will have to wait to get a new job is janet yellen. The senate voted to move forward with the nomination to become the next chair of the Federal Reserve but for the final vote, yellen, vice chair will have to wait until january 6th when the Senate Returns from the holiday break. Meanwhile, another government entity, the Affordable Care act reported a surge in signups. President obama told reporters that half a million more americans enroll in a new plan on the healthcare. Gov website over the first three weeks of december. Now a couple Million People, maybe more who are going to have health care on january 1st, and that is a big deal. Thats why i ran for this office. But that good news came after the government website was shut down again today for about three hours, and another policy change for people who had their current plans cancelled. Bertha coombs joins us with all the of the developments a lot of developments. Very interesting because the Health Department often holds the numbers close to the vest, there are always discrepancies, we report them once a month and here the president comes out and makes news and said we had half a million on healthcare. Gov. Its a big deal, big improvement from the first two months but when you break it down, it amounts to 24,000 people a day. Good or bad . For 36 states, california in the last couple of days has seen over 20,000 people a day on their website alone. So comparatively, way better than they have been doing but they are far behind on the sort of projections that they had expected. They expected by the end of december to have over 3 Million People have bought health plans through the exchanges. And in the meantime, a big deadline looms. On monday, if you want coverage starting on december 1st, or rather, january 1st, you have to sign up by midnight on monday. Now with the website having some problems, clearly, there is a lot of volume on there. If youre a procrastinator, you shouldnt wait until the last minute do i go Christmas Shopping or sign up on healthcare. Gov. Sign up after youve done Christmas Shopping in the middle of the night when its quieter, actually. One thing we keep hearing, the rules are changing. The words you always use when you talk to us, its complicated and a lot of people are saying im just not going to deal with this. I had problems signing on, and they are opting out. There are some people opting out for now, thats right. I think thats one of the concerns that really this is the big surge for people who want to make sure they have coverage on january 1st, the next surge were likely to see is at the end of march when they open enrollment and ends for the sixsix months. They have to have a challenge to continue to engage and get then to sign up. Very quickly, they changed the rule for those who did lose their had their policies cancelled and couldnt afford what the alternative was, there is a bare bones policy available. There is within the law whats called an exception that people get, a hardship exception and so they are giving people whose plans were cancelled and they have not been able to find an affordable plan to replace it, a hardship exception so they wont be subject to the penalty. Of course, you have to fill out more paperwork to get that, and if they want they can buy the bare bones planned offered to people under 30. If thats the only thing you can afford, they will let you buy into that. A great job covering it, thank you. Blackberry still bleeding money and customers, but the ceo has a plan and new vision. The question now is, will it work . Verizon and at t are coming clean but the u. S. Government might not be happy. The Telecom Giants said starting next year they will publish reports on surveillance requests they get from the National Security agency or nsa. Until now, most Telecom Companies kept that Information Private but have been pressured to make the government requests public. Well, lots of transparency at blackberry, maybe too much. The smart phone pioneer reported another massive loss last quarter, 4. 4 billion as it continues to struggle to win back lost customers and cut costs at the same time. The companys new ceo says he can turn things around. So what does blackberry have in store . John forn fortt has the story t. Reporter times are tough at blackberry but hopes are high. Bad earnings news with a big short fall in phone calls. But he also said the company will take its medicine booking a big loss on unsold inventory and outsourcing future manufacturing and design work to fox conn to minimize future losses. That sent the stock soaring after the earnings call, so the question can blackberry survive . The key to this is, you know, blackberry will be a much Smaller Company under johns leadership. Yes, the market that they are serving and the Enterprise Customer that is a vladimir cut, we can see if they can grow and have success there. Its a much smaller market than what they were chasing after originally. Again, they have to play to strengths and this is what is left. Reporter chen isnt holding out hope new blackberry phones will catch apple and samsung in the consumer marketplace any time soon. Instead, he told me in an exclusive interview, hes looking to contain the hand set losses and focussing on the security and management device business. Offer end to end Security Solution and communication productivi productivity. Thats where well be at least for the foreseeable future, the next couple years. I think we had some issues with the hand set business but the enterprise still love us. Thats where ill focus in on. The key is for chen to convince Enterprise Customers that blackberry is here to stay so they will hold onto the serve e er software and maybe buy more. Boeing won a big airplane order today. Thats where we begin todays market focus. Pacific airways is paying 7. 5 billion for 21 boeing 777 x jets. They are the fifth customer to order the newest version flt shares rose 1 to 136. 67. Quarterly earning at wall screens soared as investments paid off but investments and a slowdown in generic drugs pinched profits. The results were in line with estimates and investors liked the news. Shares jumped to 69. 04. Car max tumbled, the company saw profits decrease on growth in the number of used cars sold and financing income. Still, the stock lost more than 9 to 48 and change. Navistar posted a wider than expected loss as revenue dipped on weakness in all business units. The company has been struggling since the engine emission failed to qualify. It closed to 37. 16. Oracle will buy responses. It helps with online and social ads. This is a sign they are strengthening the cloud unit now. Shares off at 36. 37, while shares of response closed at 27. 40. Dealer track technologies is going purchase privately held dealer. Com. Its an agreement worth about a billion dollars. Dealer track helps connect with lenders and Credit Rating agencies, the Company Hopes the acquisition of dealer. Com will expand the offerings to car sellers. Wonder what they will call it . Shares surged 12. 5 . Our market monitor guest predicts 2014 will move toward a quote more normal market and Interest Rate environment. Janelle nelson is portfolio analyst. Nice to have you back on the program. Great to be here, thanks, susie. Lets talk about what is normal and what changed that makes you see 2014 as a more normal market environment . What changed is since the financial crisis in 08 and 09 its been a risk off, risk on market. Is the fed easing . Are they going to do more kwaunlt kwative easing. They are tapering and growth is coming back and i think youre seeing stocks respond to earnings and stock picking once again, i think will be a good thing to have in the marketplace. What kind of stocks . Whats the theme youre looking at . I mean, do you go with what we would call an early cycle group of stocks that usually do well as the economy begins to strengthen, or late cycle . I mean, where are we now do you think . I think were probably in the third or fourth inning of a nineinning game. Plenty of room to move. So much moved in 2013. This market was stronger than anyone would have really anticipated. What im looking at for 2014 are stocks that are global in nature. I like blue chips that have lost the luster. Ideally, i like a few names trading below the peer group and if they are steady dividend payers and purchase candidates, even better. Lets go down some of the stocks. You have cocacola at the top of the list, which sounds like the criteria. Tell us why you like it. Its a stock trading where it was a year ago. Exactly. I think if you if youre in cocacola or looked at cocac a cocacola, you can look at the sugar tax in mexico. You look at the cold weather. You look at the lower than average sales. Its not been a great year for coke. China and brazil are weak. A number of those considerations are going to turn in 2014. We see a rebound in china and brazil. The gdp trends are trending higher. We think that volume growth will improve. What drives consumption of soda is weather. Weve had cold, Rainy Weather the first half of 2013 and i think that if we get back to normal, think helps. So if you see a rebound in volumes for soda overall, typically cocacola does better than average. Coach fits the area, as well. Tough year, the ceo is requiring. A lot of competition from michael kors and Companies Like that. Why do you like coach here . I think its a global luxury brand that has not lost the cashe. Im excited about the burl brand, a glimpse of what the turn around can be in the second half of 2014. In addition to that, you have a stock with a steady repurchase plan, 2. 4 dividend yield trading a full four multiple points trading below the luxury brand peer group. Can you squeeze in a quick pitch why you like royal dutch . Absolutely. Big energy there 2013 was restructuring. We think that is happening in 2014. 5 yield while you wait and 7 billion dollars and we think the stock works. Great, thanks so much. Any disclosures, janelle . My Company Makes a market in all three stocks. Royal dutch and cocacola are giants of the firm and a member of my household owns cocacola. Thanks so much for coming on. Happy holiday. Hope to see you in the new year. Thanks, susie, you, too. More on the bipartisan budget that president obama is expected to sign into law. The bill includes a tool in the fight against identity theft. It limits access to a government database that some say has turned into a treasure trove for a crook. Scott cohn has the story. Reporter terry and stephanie thought it couldnt possibly get any worse. Still mourning the death of their 5 month old daughter caitlyn from sudden infant death syndrome, they claimed her as a dependent and the irs rejected it. The irs said someone claimed your dependent. Reporter using caitlyns Social Security number. It was the very last time we had to claim her as our own and somebody robbed us of that, as well. Reporter all it takes a name and Social Security number to file a tax return and collect a refund and the treasury says there are 3. 6 billion in fraud refunlts last year alone. They think the thieves got caitlyns information from a government database set up to prevent fraud. The Social Security Administration Death Master File is exactly what the name suggests, a list of more than 85 million names and Social Security numbers, every death reported since 1936. Gene ol gists use it, investigators and Insurance Companies verifying a death. A quickthinking identity thief can do it, too. Terry testified before the finance committee. In a second, anyone in the world can access Social Security numbers and person information for anyone in their database. Reporter thats about to change, including the new budget deal, new limits on access. Users will have to be certified. Thieves will go up and so will penalties for fraud but some warn of unintended conkwaunss. Ma le melinda is a leading geneologist. To use it the way its intended and check before issuing refunds to people who really dont deserve them. Reporter the ira has been tightening security, but government audits as recently as this year say more work needs to be done, even proponents admit the law will make only a small dent but they say it gives them a tiny bit of closure. Scott cohn, nightly Business Report. Coming up on the program, activist investors were the biggest thread to corporate boards this year so will Companies Embrace them in 2014 or push back . An update to a story we told you about yesterday following the credit card breach at target, the ceo tonight is extending an apology to customers and offering a 10 discount on items purchased in store this weekend. This past year, more corporate boards chose to make room at the directors tables for activist investors rather than get mixedup in a brawl. Why some of these boards are increasingly embracing congeniality instead of engaging in combat. Reporter for microsoft, its size offers no protection from a proxy fight, so instead of battling the activist, directors gave the hedge fund a seat at the table ensuring peace during proxy season. They can express their dissatisfaction and speak with shareholders to understand what they have to say. Reporter increasingly, other shareholders listened to the complaints and helping activist to win or be given a board seat by a company in 66 of the approximate see fights they waged this year, according to the proxy government firms. No longer viewed as corporate raiders, activist support among big Institutional Investors like the California Public pension fund is growing. They realize not all activist want a quick change and a quick gain but many are focussing instead of longterm returns. Adding to the power, they manage a hefty 89 billion in assets. The hundred and increased support from other investors is helping to change attitudes about activist. They are engaging them more frequently and in a friendly manner. That out reach is trickling down to more companies and a view to protectively understand what the shareholder concerns may be and figuring out what the board believes is an appropriate response. Reporter not all boards are open to the openness of activist. The annual director survey found 39 did see more engagement with big stake holders but 1 3rd said they shouldnt communicate. It could prove dangerous given activist growing financial and reputation l clout. For nightly Business Report, im mary thompson. Christmas came a little early for a 25yearold pennsylvania man. He works at his familys fire sprinkler business and bought a raffle ticket to a charity that preserves historic sites. He won the grand prize, an original picasso worth 1 million and he doesnt know what to do with it but he has to find out how much the taxes are. Ill give you a clue. Hang it up on the wall and be happy. A Million Dollar picasso. Thats nightly Business Report for us. Im susie gharib. Have a great weekend. Im Bill Griffeth, have a great weekend. Nightly Business Report has been brought to you in part by. Thestreet. Com. Up to the minute Stock Market News and in depth analysis. Our quant Rating Service provides objective independent ratings daily on over 4300 stocks. Learn more at the street. Com nbr. Last minute shopping gives way to last minute policy. On capitol hill and at the white house. Well tackle it all tonight on week. Gton has this been the worst year of our presidency . You really that is not how i think about it. Gwen at years end the face ont puts the best what was really not a very good year. I think this room has recorded at least 15 near death experiences. Setback came the on healthcare. The fact is it didnt happen during the first month, first a way that was at all acceptable. Chargece im in obviously we screwed it up. Domestic spying. The message to the n. S. A. Is now coming from

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