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Transcripts For CNBC Squawk On The Street 20130108

take your pick, mr. president. thank you four a great two hours. squawk on the street begins right now. congratulations to the alabama crimson tide, winners of the bcs college football championship for a second straight year. a third time in the last four years. what a run. it good morning, welcome to squawk on the street. i m melissa lee, live from the new york stock exchange. let s see how we re setting up on this tuesday morning. the futures look like we re tulg back here. t take a look at the picture. interesting economic data points out over there. eurozone hitting a record high. but a measure of consumer and business sentiment actually rose for the second straight month in the month of december. a road map this morning starts in china, where young brand said same-store sales are set to disappoint. is this a sign that a reacceleration of a timeless economy may not materialize after all. the ceo of sears is stepping down citing family health matters. does the fu

Transcripts For KICU First Business 20130109

profit of $242 million despite weak prices for aluminum. the sell-off in the market continues. the major indicies all fell yesterday. telecom stocks were among the biggest losers. gold rallied, while oil flatlined. president obama is expected to soon name his next treasury secretary. white house chief of staff jack lew is said to be high on the list. the irs will accept 2012 tax returns starting january 30th, 8 days later than planned due to tax law changes in the fiscal cliff bill. now for an early look at how alcoa s earnings could affect today s trading. larry shover of sfg alternatives joins us. and what do you think here larry? > > yesterday s number was good. most people weren t expecting them to beat on revenue. but they beat by quite a bit. people were maybe thinking earnings per share, that could be better. but that is a good thing for the market, a good thing for the materials sector. i think it is going to give a lot of confidence going forward. > the stock market

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How a bail bondsman stayed out of jail this week in spite of his wife

Bondsman Maxie Green's wife was ready to get him tossed back in jail the day before Valentine's Day. She held the bond for his criminal charge.