And he will join us live from there starting tomorrow. Theres a lot of big guests lined up. Could be a lot of fun. Earnings central is in full swing today. Among the names that are reporting before the bell, we have dupont, Johnson Johnson, travelers and verizon. Four dow components before the bell even rings. Our newsmaker this morning is duponts ceo coming out want 8 00 eastern time. After the bell, Technology Takes center stage. We will hear from google, Texas Instruments and amd among others. And friday, the 49 mothership and it was good. Revenues above expectations. And also a little beat on the bottom line, but a lot of the different Business Segments doing well. All clicking and stock was up above 22. Comcast traded over 40. I saw that, too. And it makes you wonder if the Dow Jones Industrial average will follow the transports at this point. Why follow those two so closely . Comcast at 51 and 49 owners. Im hearing that dupont is hitting the wires right now, which is inconvenient for those of us still getting our computers up and running. Were going to talk to Ellen Kullman. And well be able to get a better idea on whats going on. Fourth kwarer, one of the numbers im seeing, a 12 cents and then adjusted number of 11 cents. And that is versus an expectation of 7 cents. So either one of those on numbers would be above expectations. The sales number for the Fourth Quarter was 7. 3 billion. And the estimate was 7. 26 of. So that is doing okay so far. It always helps to get a look at the bid and the ask as those numbers are coming out. At this point, too wide to tell whats happening. The full year, theyre giving full year numbers. Full year 2012 earnings of 333, which was x items. And then i think were going to see some forecast at this point. 2013 outlook for operating earnings is 385 out of 4. 05 a share. And the estimate was for 3. 84. So that looks like they are at least compared to where the street is, thats above expectations. I can tell you about some of the comments from Ellen Kullman, the chair woman and ceo says at this point they had a record year in new product introductions and that helped strengthen their position. But when you talk about the overall performance, they did say some weakness in markets served by the Performance Chemicals and communications provided significant challenge necessary 2012. They say theyve adjusted their plans to meet the changing market economy and grow the business in a slow growth World Economy. Again, reflecting slow growth overall. I think they had strong numbers when it came to agency. Some of those numbers up by 18 . Volume was driven by agriculture with robust tales in latin america and a strong selling to the north American Selling season along with increases in asia pacific for performance materials, electronics and communications and Performance Chemicals. The stock was higher a year and a half ago or so. But in terms of the last year, its getting its sort of the in the mid point of the trend. Coming back, at least trying to get back to where it was earlier. Alltime highs are at about 58. In corporate headlines, more developments in the boeing story. There are indications now that the dream liner could Stay Grounded longer than initially anticipated. Investigators turning to the maker of the lithium ion batteries that are used in the planes. That is gsyausa. Investigators visited the batterymaker yesterday. Shares of boeing have started getting to the low end of the range after some choppy trading with every twist and turn in this story. Phil lebeau has been following it from the very beginning. He will join us more in the next hour. Also, another twist in the Hewlett Packard saga. The wall street journal reports hp narrowly missed out on an opportunity to buy out that company. The company was told there was an alleged of improper accounting at autonomy. The article says hp executives on the call does not mention that up the food chain to the board or the ceo at that point was leo apoteker. He was like a pharmacist, apothecary. The board established a limit of how much to pay on autonomy. And the Board Finance Committee did not follow normal practices in approving this deal. As people dig back through, there will be even more places they are pointing the finger game. Japans central bank is promising to pump unlimited into the economy and generation some growth. The bank of japan hiked its target for inflation to 2 . I was out last week and it was said from 2014, it would adopt an open ended commitment to assets. There are the asian markets this morning. Japan had a big move last week. The nikkei especially new years, thursday or any, it was up almost 3 . And then theres the yen which traded above 90 at one point last week. But now you can see it, 88. 79. And a u. N. Agency warns the world unemployment could top record levels this year and continue rising until to 17. More than 197 Million People worldwide are jobless. An additional 39 million has given up looking for work. I cant start worrying about the world. 139 million . I was worried about the 24 million that supposedly are earth unemployed or underemployed in this country. The International LaborOrganization Warns government budget balancing is hurting employment and will probably lead to more job losses in the near future. All right. Lets take a look at the markets this morning. Markets have been sitting at these record levels. You can see right now those dow futures pulling down by about 12 points. S p futures are indicated slightly lower, as well. But the nasdaq is indicated higher. The dow Jones Transport sitting at an alltime high. Other markets sitting at fiveyear highs. The big question is whether the Dow Jones Industrial average follows suit. Youre a huge transport. Yeah, i am. Thats all alltime highs. Alltime high. Oil prices, you can take a look. Youll see right now is down by about 2 cents to 95. 54. The tenyear note that had been coming down the yields last week a little bit, you can see the yield right now is at 1. 877 . The dollar this morning after the euro picked up strength last week, the dollar is stronger against the euro and the yen and the pound. Right now, dollar yen is at 88. 79. Gold prices this morning up about 5. 80. 1,6933. German chancellor Angela Merkel is hoel hosting french president Francois Hollande and his government, his entire government in per lynn today. Festivities mark 50 years since the treaty of friendship was signed. Thats knight nice. A joint Cabinet Meeting and parliamentary session is being held also. Todays events come as the two countries struggle for a common vision as crisis hit europe. And its nice that friendship . Yeah, after that cold and nasty occupation thing in world war ii and all. Meantime, in brussels, European Finance ministers are meeting. Theyre expected to give their approval to allow 11 states to start preparations for imposing a tax on all Financial Market transactions and measures likely to unsettle banks and houses. For more on the story coming out of europe today, let us head to london to kelly evans who is standing by this morning. I like that necklace. I dont know what it means what its saying to me. It kind of looks like its telling you to buy goad, joe. Its a subtle signal to investors. I coordinate my wardrobe with the prevailing market move. Yeah. I was thinking you were stepping out there. Is that attached to the wall behind you . Are you allowed to move or has ross got you its attached to my wrist here with the same thing going on. Oh, my god. I am actually chained to the desk here because ross westgate, lakeeffect snow, is in davos and he will have the very latest out of there and Worldwide Exchange for the rest of the week. Well also see Maria Bartiromo there. In the meantime, before that meeting gets under way, france and germany are celebrating their Friendship Treaty today. Its all about markets in japan and, in fact, we want to give you a sense of the trade that were seeing, even here in europe affected by what we heard from the bank of japan this morning. Now, markets are to some extent in the red across the board. There are few exceptions, but were seeing declines of about a quarter to a third of a percent. The dax is down. Theres concerns about Deutsche Bank playing into that, as well. The nikkei is shedding abo about. 3 . This market has been on a tear as the yen has beakened. In the last couple of months, everything that we learn from the bank today has basically been signaled to markets. We know he wanted more stimulus. Thats what we got from the central bank today. So while the buy the rumor sell the fact is at play, theres a sense of disappointment. The purchases, the open ended qe wont start perhaps until next year. More importantly, theres questions about achievability. Lets scoop around and is show more of the Market Reaction throughout the day. Todays idea that the bank of japan will suddenly be able to achieve 2 simply for sustaining its target. The yield on the tenyear, 0. 74 . The 30year, under 2 . Were seeing an increase this morning, but its marginal. Its barely a couple of basis points. Theres not yet this feeling in markets that theyre actually going to be able to do it. The bank of japan had a 1 inflation target for years. It hasnt managed to get there. Lets take a look at the forex rates. The dollar yen, over here, is now down. 9 . In other words, the yen is strengthening. Some of our guests on the program this morning, guys, said theyre surprise its not strengths strengthening further. They would like to see more action, more creative from the bank of japan if theyre serious about shaking inflation. But for now, the main message because the bank of japan has gone and can done the big, bold thing. But is it bold enough . That would be heavy if it really was gold, all gold, kelly. Yes. Its not, right . No, it is actually. Its worth millions. Its worth millions. You tried to walk down to the other side of the wall and i saw you get where is it tethered snch do you hear what were playing . I think this is from eyes wide shut. Our audio guy has a really sick mind. Im just glad that that is what you took away from the Global Markets report, joe. Its always Something Like that. Kelly, thanks for playing along. Youve been bad and youre going to need to be punished. Anyway, thank you. Well see you a little bit later. Kelly has actually been very good. She has, since shes been bad shes going to need discipline. All right. She mentioned that youre wearing black, too, arent you . I am, but no yeah, exactly. Good luck trying to pull me back with this one. Kelly mentioned that everyone is going to davos this week. The worlds most powerful leaders in government are gathering there in switzerland. This is the annual World Economic forum. Groups founder is warning that the world has not yet escaped the risk of economic collapse. This is for business and government leaders to focus on what he calls cautious realism and recovering public trust to try and avoid another major crisis. I think what the world expects is that someone with a major crisis takes the lead and im very hopeful that the United States in the second mandate will assume its responsibility as the strongest power in the world. Andrew will be reporting live for us from davos. I believe he is there today. A wardrobe thing . No, no, no. His sweaters are probably going to be part of this and turtlenecks. Yes. Chic jackets. You need warm changes every day. Thats what i mean. I cant wait to see what he goes with. Hes had some interesting hats. Hats, too. You never know. Coming up, why Phil Mickelson is warning that he might need to make drastic changes, even hinting at retirement. And it has nothing to do with his swing. Plus, were going to head to d. C. On the morning after the inauguration festivities. John harwood, probably hung of, but hes going to join us with the latest on washington getting back to work. Think debt ceiling when we return. [ male announcer ] this is not my home. There. I said it. They dont have pictures of my kids. They dont have my yoga mat. And still, i feel at home. Could it be the flat screen tv . The not so mini fridge . The different free dinner almost every weeknight . Or maybe, its all of the above. And all the rest. Am i home . Nope. But it almost feels that way. Homewood suites by hilton. Be at home. Welcome back, everybody. The s p is indicated slightly down as the is dow jones. The nasdaq is staying higher. We did hear from dupont which came in with better than expected numbers and ta dow component is up by 1 at this point . If you split the bid and the ask, it would be. 1. 4 from the free market. Our headlines this morning, a Tropical Storm intense fieging off of australias coast. Its bringing nearly half the worlds iron ore trade to a halt today. Right now, lets get todays national forecast. Reynolds wolf joins us from the weather channel. Reynolds, its great to see you this morning. Great seeing you guys, too. The story down under is the extreme heat theyre having in parts of australia. Meanwhile, in the northern hemisphere, we have a big wintry blast in spots. Now the story in terms of the snow is going to be in parts of the great lakes with some places in upper michigan and Northern Michigan could be over a foot of snow. The same can be said from erie. That will be the snowfall from now through thursday morning. For much of new england, the story will be the snow. In the southeastern United States, still mild conditions holding in play. 70 degrees in orlando. 54 degrees in montgomery, alabama. Out west, we see the jennings of a winter storm affecting mainly alaska and parts of canada. Seattle will see some fog in the pacific northwest. Mostly sunny for much of the west. Lets talk quickly if we can about delays. Here is how its going to stack up. Boston, snow showers in the early. You might have the back up, new york, basically the same deal but with some wind, and minor delays a possibility compliments of those snowflakes. Back to you in the studio. Yeah. We saw that, reynolds. Yesterday, like today, i went out this morning and i saw the headlines about, you know, keeping the oceans from rising and healing the planet. I was freezing my rear off. Its not warming today, like 18 degrees this morning. Thats always weird the way it happens. Exactly. At this point, any type of change in the climate, whether its warm or cold, rain or drought, snow or no snow, its all Climate Change,ite . Any change at all is Climate Change, i think, thats why its called Climate Change. Have i got that right . Absolutely. But the big debate is is it naturally occurring or is it manmade . Its still out there. Reynolds, i would give you a high five if i was there with you. Amen, brother. Amen. Thank you. All right, guys. Phil mickelson is warning of drastic changes because of his state and federal tax situation. Mickelson lives in california. Speaking aftersundays humana challenge, said if you add up all the federal and state and disability, unemployment, Social Security, he lives in california. My tax rate is 62 or 63 . So ive got to make some decisions on what im going to do. Mickelson acknowledged he could end up leaving his home state of california. He said the Financial Issues were the reason he pulled out of an Ownership Team that push chased the padres back in august. I like the back and forth that i saw in the papers about this. They point out he makes 40 million a year, so he should you know, i see certain people saying he should be happy with 10, how could he need more than ten . But the idea of paying twothirds of your income and its almost not it almost seems like its in fees. 10 out of 40 is 75 . All right. Well, what is it . 15 million out of 40. How do you pay 62 of what and its not like i mean, he has a lot of talent. He works very hard. He gets paid highly for what he does. Part of it is problems with the tax code, too. Its confiscatory. I wonder if his changes are leaving california, leaving the country or if its something even more. Jae. John harwood had similar problems, although hes not in california. Where do you pay your taxes, john . And what are you . Are you a maryland. Where . Maryland . The state of maryland. Youre probably a Baltimore Ravens fan, too. No. I mean, im happy theyre in the super bowl. I like the harbaugh versus harbaugh thing, but the redskins are my team. Thats where my heart is, man. And duke is back. Are they number one sthp. Yes. Louisville lost to syracuse the. Were number one again, but were not going to be the same until we get ryan kelly back. So were going to have to watch that. Thats the key to whether we go deep into the postseason. I got home yesterday and i turned on cincinnati was up six or seven over syracuse. They had just beat louisville. And you said, you know what . If i watch this theyre going to lose, and they did. Youre the curse. Joe, who do you like in the super bowl . I want to get that out there first. I i im inclined to see the 49ers, but then i saw the ravens and the ravens and are tough and that guy is good. Flacco is really good. New england is no pushover and they manhandled them, you know, to my chagrin. I was hoping for a patriots 49ers matchup. Werent you . No. I wanted the brother thing. But i cant decide who is the stronger tea