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Transcripts For CNBC Squawk On The Street 20121126

Numbers look out as we kick off cybermonday. Which retailers crushed it and which ones were crushed . If you were keeping track, the dow added 421 points last week and bulls argue it could add even more if european leaders settle this dispute over greek aid. Well discuss the potential impact as they meet in brussels right now. A big day for analyst upgrades. Research in motion, facebook, yahoo well go over those and see why citi needs three analysts to initiate coverage of apple. Well begin with retail sales picture from this past weekend. 139 Million Consumers shopped during black friday weekend. Thats up from 132 million last year. Total spending up to 59. 1 billion to 54. 4 a year ago. Average Holiday Shopper spending 434 over the weekend. Sales on black friday fell 1. 8 from the same day a year ago setting the stage for today known as cybermonday. American shoppers will spend 1. 5 billion online today up from 1. 25 billion a year ago. The papers have it. Usa today retailers hail. J

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