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Detailed text transcripts for TV channel - FOXNEWS - 20121226:19:48:00

What they had forecast. they recently revised it lower, down about 25%. and, gregg, i think it s important to point out that stock prices on a lot of retailers and all companies, but especially redalers, moved retailers, moved up in anticipation of good sales. and as a result of the numbers not being very good, i think you re going to see the earnings estimates from analysts on wall street come down. so you might start to see that impact on the stock market as well. gregg: how much of this, ed, is fiscal cliff as opposed to just the aggregate of bad economic news? yeah. i don t think most people really understand the fiscal cliff. i think they re starting to get it just as molly had showed a couple minutes ago about how much more you re going to pay in taxes. i think it s a lot of confusion, and when people are confused, they really don t know what to do, and they don t see any silver lining out there, so they hold back. gregg, i ll give you an example. with my kids buying christma ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121226:19:47:00

It, you could feel it in the economy. no one was excited about this holiday season. everyone felt as though they had very little clarity on where the future was economically, so it really didn t surprise me. plus, i walked around malls, around new york. you saw a lot of people, you didn t see a lot of bags, so i was not shocked by this. gregg: is 2012 the year of indecisiveness? yeah, that s exactly the way i would put it. going all the way through, at the beginning was obamacare going to be overturned, because we might see hiring pickup. remember, obamacare s a drain on the finances of a lot of companies, so people didn t make a lot of decisions until that supreme court decision came out. now there s questions about fiscal cliff, and as a result of that, everyone has basically inherent inertia. nobody wants to move forward, make decisions. it s a very tough economic environment. gregg: you know, out in the shopping malls it s really being felt, and we measure that, right, with shopp ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121226:19:08:00

When you can see storms like this. are you expecting any more, and what are you letting your residents, what are you telling them moving forward? well, right now we re experiencing quite cool temperatures, so we re not expecting any more storms, not for the next few days to come. but we re telling our residents to always be prepared. oftentimes we look at, you know, maybe a spring season or this winter season are the times for us to have severe weather, but we know it can happen any time. so always having a way to receive a weather alert insures that you and your family will be safe the next time something like what happened yesterday maybe occur again. heather: all right. thank you so much for joining us from alabama. we appreciate it. thank you. thank thank you. gregg: and while those twisters may be the headline of the day, the major winter storm is still, you know, a winter storm. snow in oklahoma is blamed for 21 cars piling up, and as that system moves further north, creating ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121226:19:32:00

The adt new year s sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. heather: welcome back. a fox news weather alert for you now, all eyes on this, the radar, in a monster storm on the move making a mess for holiday travelers. now, these are live pictures from cleveland, ohio. wind combined with heavy snow bringing out near-whiteout conditions, and now parts of the northeast are bracing for the same treacherous weather. maria molina is live in the fox weather center. gregg and i were watching, and snow flurries are moving into new york city. reporter: that s right. a little bit of of snow, sleet mixing in, but most of it should be over by 4 or 5:00 p.m., so it ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121226:19:29:00

Gregg: and speaking of the new year, we re looking back at the top scandals of 2012 in a must-see report. we re going to use the word tryst a lot. i love that word, tryst. heather: blues, that dead plus, that deadly winter storm that has created blizzard conditions across the nation s midsection, where it is headed next and what it means for millions of travelers heading home after the holidays. my mom and dad live in el paso, and i was planning on going to el paso, but i think i ll be staying home now. it was slick. i don t care to go back through it. i seen about a, oh, right at a dozen wrecks. one was overturned. just really bad. i don t advise going south. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because offers a superior level of protection, ....

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