i'm tom hudson have. a great evening, scsi. >> susie: hope you have a great night too, tom, i'm susie gharib. thanks for watching. we hope to see all of you again right here tomorrow night. >> this is nightly business report with susie gharib, and tom hudson. nightly business report is made captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org

i'm tom hudson have. a great evening, scsi. >> susie: hope you have a great night too, tom, i'm susie gharib. thanks for watching. we hope to see all of you again right here tomorrow night. >> this is nightly business report with susie gharib, and tom hudson. nightly business report is made captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org vo:geico, committed to providing service to its auto insurance customers for over 70 years. more information on auto insurance at geico.com or 1-800-947-auto any time of the day or night.

i'm tom hudson. goodnight everyone and have a great weekend. you, too, susie. >> susie: good night, tom. i'm susie gharib goodnight everyone. we hope to see all of you again on monday. "nightly businreport" captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org

i'm tom hudson. goodnight everyone and have a great weekend. you, too, susie. >> susie: good night, tom. i'm susie gharib goodnight everyone. we hope to see all of you again on monday.rtpore" "nus binrepo captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org vo:geico, committed to providing service to its auto insurance customers for over 70 years. more information on auto insurance at geico.com or 1-800-947-auto any time of the day or night.

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> susie: good evening, everyone. the u.s. job market kicks off the new year with new vigor. tom, not only are there more jobs for americans, but the unemployment rate dropped again, a sign that american businesses may be more willing to hire. >> tom: susie, the december jobs report underscores an economy that is picking up and faster hiring means consumers could have more money to spend. u.s. companies added 200,000 jobs to their payrolls last month more than expected and the fourth biggest monthly gain of 2011. the biggest surprise: the unemployment rate fell to 8.5% from an upwardly revised 8.7% in november. investors shrugged off the good economic news. the dow lost 56 points. the nasdaq added four and the s&p lost three points. suzanne pratt takes a closer look at that december jobs report and the outlook for hiring in 2012. >> reporter: 8.5%. that's an unemployment rate the u.s. hasn't seen in nearly thr

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> susie: good evening everyone. investors turned cautious today on worries about the three e's: the economy, europe and upcoming earnings. tom, stocks did little on this second trading day of the year. >> tom: susie, it was a big contrast from yesterday's strong rally. investors were encouraged by today's good numbers on factory orders and auto sales, but stocks pulled back on concerns about the financial health of european banks. the leader, in case you are wondering, is energy with an expected profit gain of 24%. on the flip side, three industries are expected to post negative growth-- materials, telecom, and utilities. so, with all these cross- currents, what's an investor to do? some analysts say the biggest mistake is to focus exclusively on earnings when picking stocks >> dividends is really the biggest theme of 2012. investors are looking for companies that prove out those earnings by paying out a port

good night, everyone, and good night to you, too, tom. >> tom: good night, susie. i'm tom hudson. good night, everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> tom: when we're not on the air, join us online at nbr.com. there, you'll find full episodes of the program. you'll find complete show transcripts and all the market stats on our facebook page @bizrpt. and don't forget to follow us on twitter @bizrpt. 

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> tom: good evening and thanks for joining us. susie gharib is off tonight. the stock market rang in the new year with a new push higher. positive economic data on the u.s. manufacturing sector fueled the rally. but it was sparked by unemployment falling to a two- decade low in germany, and china's services and manufacturing sectors rose in december, despite worries about a chinese slowdown. the major u.s. stock averages logged big gains. the dow gained 179 points, the nasdaq added 43, and the s&p 500 was up 19.5 points. trading volume picking up steam as we come off the holiday-- 853 million shares moving on the big board and 1.7 billion on the nasdaq. the pick-up in share prices and trading volume comes as many smaller investors continue on the sidelines. suzanne pratt reports. >> reporter: it's cleanup time in manhattan from this weekend's new year's eve celebration. but today on wall street, the partying

good night everyone and good night to you too, tom. >> tom: good night susie. i'm tom hudson. good night everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org sm

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> susie: good evening, everyone. investors were hanging up on research in motion today after the surprise resignation of its co-c.e.o.'s leadership over the weekend. tom, shares of the company plunged 8%. >> tom: susie, this is a big management shakeup at the maker of the blackberry smartphone, but by the looks of today's stock sell-off, investors aren't convinced that new c.e.o. thorstein heins can do more to help the company better compete with apple and google. >> susie: but on day one in the job, the new c.e.o. was putting out the message that he has a plan to get rim on the right track. erika miller reports. >> reporter: thorsten heins is smiling in his media photo, but it's clear there's a lot of weight on his shoulders. this little-known insider took the helm at troubled blackberry maker research in motion over the weekend. in video released by the company, heins is promising to deliver change. >> when

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> tom: good evening and thanks for joining us. one huge earnings disappointment tonight from google. quarterly earnings came in well below wall street expectations, and, susie, the reaction was swift. >> susie: google shares tumbled 10% in after-hours trading on this rare earnings miss for the web giant. it earned $9.50 a share, almost a full dollar below estimates. revenues were also less than expected, coming in at just over $8 billion. but a trio of other big technology firms reported stronger than predicted results. microsoft earnings were two cents ahead of wall street estimates. profits at intel were three cents over what was expected. and ibm's earnings were almost a dime stronger than predicted. >> tom: so far this year, the nasdaq and its technology stocks have been the hot market, up 7% already. david garrity is principal at gva research. he joins us from the nasdaq. david, it's great to see you. we

tom hudson is off tonight. stocks were in rally mode today on high hopes for a positive earnings season. here at the big board, the dow gained 70 points. the nasdaq surged 26 points. the s&p added 11. that's the fifth up day for the index in the last six. the recent move higher in the stock market has some investors questioning their love for bonds, in particular u.s. treasuries. even though the first big bond auction of the year met with strong demand today, there are concerns bond investors may not fare as well in 2012. suzanne pratt reports. >> reporter: the outlook for treasuries this year is something of a mixed bag, but that hasn't stopped people from coming to investment offices like this one to pour millions of dollars into bonds. it's no wonder investors are still enamored of bonds. last year, treasuries returned about 10%, beating corporates and stocks. after all, u.s. government bonds have long been regarded as a safe haven. for that reason, some experts predict treasuries will be a good bet this yea

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> susie: good evening, everyone. a tale of two banks today-- citigroup's quarterly profits tumbled, but wells fargo posted a record fourth quarter. tom, this is a key week for earnings with lots of reports from financials. >> tom: susie, between today's results and j.p. morgan's disappointing numbers friday, this is a shaky start to earnings season for banks. looking at citi, the banking giant earned 38 cents a share, an 11% drop from a year ago and way below what analysts were expecting. revenues fell to $17 billion. even thoh mciugmoadtiree loans, its investment banking business did not do well.ug but at wells fargo, profits jumped to 73 cents a share, a penny better than estimates, even though revenues slipped, but were still higher than wall street expectations. >> susie: wells fargo shares rose today, but most other bank stocks were down. still, the major averages managed to end higher. the dow gained 60

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> tom: good evening and thanks for joining us. susie is off tonight. signs of spring for the job market. home depot has begun recruiting 70,000 workers to help with its big selling season, springtime. that bright spot comes as more americans filed for first time unemployment benefits last week. that number rose more than expected, to 399,000. it's only the second time it's increased since thanksgiving, suggesting the jobs recovery will continue in fits and starts. jobs are the number one issue this election year. since winning the new hampshire primary tuesday, republican presidential frontrunner mitt romney has come under sharp attack over his jobs record when he ran the private equity firm bain capital. today, the u.s. chamber of commerce stepped into the fight. chamber c.e.o. tom donohue called attacks on the candidate, and capitalism, unfair. darren gersh reports from washington. >> reporter: the assault

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> tom: good evening and thanks for joining us. good news today on the u.s. economy: it grew in the fourth quarter at its fastest pace in more than year. but susie, even that growth rate was still quite modest. >> susie: tom, most of the growth came as american businesses restocked their shelves and as american consumers spent more money. let's look at the details. the commerce department reported that the nation's gross domestic product-- the value of goods and services produced in the u.s.-- rose 2.8% between october and december. but many economists were expecting 3%. >> tom: while clearly not a red hot economy by any stretch of the imagination, there are concerns over whether the u.s. can keep up even this tepid growth rate. erika miller reports from new york. >> reporter: if you want to know what's in store for the economy, it helps to come to this store. eneslow in manhattan does not just sell shoes, it