pfizer will never do that as long as we live. i think thaelt's a more interesting area to talk about. >> procter & gamble, shares going low. the analysts who made the call said there are better bets if you're looking to invest in consumer packages now. nick, it's great to have you on the show. welcome. >> thanks for having me. >> i thought it was interesting when you say, i like what they're doingover t over the lo term. they're just going too fast. >> it makes a lot of sense to me. the problem is they can't deliver quick enough special until terms of the volatility and commodity costs. what we're basically saying is, look, there are other ways you can make money right now. get paid in another name. i think there will be time where money will be made on the stock, it's just not now. >> if you look at colgate and kimberly, they warned about the same thing. but specifically, are you better to go to a name like that if you want to stay in the same exact space? >> i look at consumer staples very broadly, so across epc and tobacco. th

>> well, pfizer is terrific. i like pfizer. somebody is going to say that the range is not so good -- >> and lipitor is out of the way, jim? >> well, don't you think that they did a great job given that lipitor is supposed to be it all. >> and pfizer, and j&j. >> well, they had lipitor through the end of november. so we don't have a full quarter exactly. >> and it was $47 and i remember when it was $12 and now it is 4% and still 4%? >> well, you pay that dividend and that is what people want with a five-year that pays nothing and all of us are paying for the poor people's houses, and how do you like that? how do you like that? i put that in for no picky reason and i don't necessarily agree wit, but it is kind of like -- >> shocking. >> and a new u.s. stock exchange spring, but when it comes down to it and you want yield people got it and they are willing to buy it and not willing to look through it. >> we will see you in four minutes. >> all right. >> be nice no the governor. >> we will. >> we are trying. >> joe is on the best

keep in mind that pfizer has beat earnings estimates for the last seven quarters. we will see whether or not they can make it eight in a row. back to you. >> all right, mary, thank you so much. want to point out volume today at the big board, 743 million shares the ending volume and we have calculated that in the last three months, the average trading volume at the big board, 857 million shares. under 1 billion shares. volume dried up. volume creeping lower as people wait for the results and solutions in the euro debt crisis. we will keep you posted on volume and of course, any headlines out of europe. take a look at the other business headlines we are covering tonight, the u.s. scoring a major trade victory in china over the wto, world trading or's appellate body, highest tribe brownal, ruling that china must dismantle the system of export taxes and quotas for nine industrial minerals. china's policies distorted international trade. ron kirk saying the ruling ensures that core manufacturing industries in this country can get the materials they need to produce and

while pfizer fell to a six-week low. here are those pfizer results-- three cents better than anticipated, but it trimmed its 2012 forecast because of a strengthening dollar. pfizer also saw its cholesterol fighting blockbuster lipitor come off patent late last year. eli lilly also saw a drug lose patent protection last quarter-- its anti-psychotic medicine. while earnings fell from a year ago, they were stronger than forecast. as we mentioned last night, radio shack looked to be a big loser today after warning its fourth-quarter performance will come up way short, and we saw the stock damage today. shares plunged, losing a third of their value, falling to a new 52-week low. volume was more than 20 times normal. the retailer blames a big drop in its sprint business for the shortfall. and it also suspended its stock buyback plan, adding to the selling pressure. and that's tonight's "market focus." >> tom: it's the biggest contest yet for republicans vying for the white house. florida's republican primary is winner take all

. >> pelley: pfizer is recalling about a million packets of birth control pills. the drug maker says a packaging problem may leave women with an inadequate dose. pfizer says there's no health risk, just a greater chance of unintended pregnancy. you can find the names of the recalled pills at cbsnews.com. a college cheating scandal. why an administrator inflated that's next. on a long-term asthma control medicine, like an inhaled corticosteroid. dulera will not replace a rescue inhaler for sudden symptoms. dulera helps significantly improve lung function. this was shown over a 6 month clinical study. dulera contains formoterol, which increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolescents. dulera is not for people whose asthma is well controlled with a long-term asthma control medicine, like an inhaled corticosteroid. once your asthma is well controlled your doctor will decide if you can stop dulera and prescribe a different asthma control medicine, like an inhaled corticosteroid. do not take dulera

pfizer down 1% right now. solid numbers. but this is yet another company, i want people to be aware of this, as the dollar's gotten stronger, a lot of u.s.-based companies that do international business are going to get hurt. u.s. steel was an absolute dog last year. the materials sector has done extremely well. down 54% last year, and up double digits this year, and up another 5.5% today. strength in steel. bill, over to you. >> brian, thank you. let's look to the treasury prices now rallying again. rick santelli is in chicago with the details. >> yeah, definitely, bill, not only were today's data points on the weak side, but bob nailed it. the gdp report last week really puts a somewhat less of a smiley face on the economy. look at the two-day chart of fives. everybody's eyes are on fives. the real financial part of the yield curve, where all the financing is done. you can see, here we hover at 71 basis points. that's the lowest yield, historic. if you look at a 20-year chart of ten-year note futures, you can see their rat

drug company that being said the money reportedly amounted to less than three weeks worth of pfizer drug sales the money is so huge that the fines are immaterial and they're not thinking about the social effects of what they're doing they're thinking about the profits they are the pharmaceutical industry remains the most profitable business in the u.s. more success and financial gain for the companies will always remain possible as long as more americans are encouraged to take drugs in a fortnight archie need. all right before we get to the business with katie let's check out the artsy world news update here some other headlines in brief from around the world let's start with nigeria. as you see wouldn't ultimatum to the government and threaten to hold all oil and gas production on sunday this is over a decision to eliminate fuel subsidies which doubled prices in a single day nationwide strike is now into its fifth day and talks between unions and the president have made no breakthrough the tension comes amid a wave of sectarian violence started by attacks on christians which was left ov

drug company that being said the money reportedly amounted to less than three weeks worth of pfizer drugs that the money is so huge that the fines are immaterial and they're not thinking about the social effects of what they're doing or thinking about the profits they accrue the pharmaceutical industry remains the most profitable business in the u.s. more success in financial gain for the companies will always remain possible as long as more americans are encouraged to take drugs for in a fortnight artsy. so are we smart enough as people to be able to diagnose ourselves as non-doctors because it sure seems like that's what's going on and it's not just tens of thousands of deaths there are other far reaching effects here to talk about this and more i spoke a little earlier to licensed clinical social worker dr darcy smith here's her take . well clearly the outcome is going to be that these these these prescriptions are written with much more. more frequency than than is necessary you're going to see so many more people medicated in society than what we currently have today. and with the th

drug company that being said the money reportedly amounted to less than three weeks worth of pfizer drug sales the money is so huge that the fines are immaterial and they're not thinking about the social effects of what they're doing or thinking about the profits they are the pharmaceutical industry remains the most profitable business in the u.s. more success and financial gain for the companies will always remain possible as long as more americans are encouraged to take drugs in a fortnight artsy. it's true it's crazy i mean they actually have these drugs for dogs as well as a dog owner i think it's totally crazy but marina makes a lot of good points here on just how big this power is that it's a story that warrants a deeper look this special relationship and relaxed rules for big pharma so is this becoming farmageddon are we smart enough as people to be able to diagnose ourselves because it sure seems that's what's going on and it's not just tens of thousands of deaths every year there are far reaching affects here so i want to bring in licensed clinical social worker dr darcy smith.

the issue the winded pfizer until 6:00 p.m. that means the costs -- gusts up to 50 miles an hour. the weekend, actual high temperatures in the 30's. >> we will have to keep an eye on the bridges. the tussocky -- the chesapeake bay bridge used to post warning at that time. it changes the rules of the game on 301. we know what is coming. we know what to keep our eye on. we're keeping our eye on you around the region. no accidents to report right now. listen what adam caskey has to say. 81 and route 11 both good. cynne simpson? >> thank you. we begin with the developing story from the district. vincent great wants protesters to move out of mcpherson square. asked them to move it to freedom plaza soakers could get rid of than a a rat infestation. he has ordered them to be removed -- has not ordered them to be removed because the park is the federal owner. >> it is spent 31 years since one of the worst plane crashes in the d.c. area. it crashed after taking off from reagan national. it hit the 14th street bridge before crashing into the potomac river. four people died on the bridge. on

stocks like at&t, that quarter wasn't so bad, verizon, pfizer. he's sending you out of the fixed income aisle, wall street gibberish for bonds. toward the high dividend aisle. that's all good with me. uncle ben is unintentionally throwing us off the scent of what stocks to buy right now. his saturnine approach may not be in sync with reality. i know it not his job but he's making mine a heck of a lot harder. then there's the president. he has to say things are better but in the same paragraph he has to say things are still pretty bad because in the aggregate, the employment numbers are nothing to write home about. and let's not forget the republicans. they'd like you make you feel there is an obama-inspired depression going on and the only way to cure it is to give rich people tax breaks so they can create businesses. i'm not going to get involved in the politics of the moment. but the views of the republicans and democrats and ben bernanke don't jive with what american companies are saying about the future every day. that's what i do. i listen t

and pfizer, all these companies in the last couple years have grown their dividend aggressively. we think they have the ability to do so. >> microsoft is a great example of a stock that has a real fortress balance sheet, great balance sheet. obviously quality name, you know, that you would think you would want in your portfolio, and it hasn't really done anything in ten years. what's the catalyst now that it will actually get moving? >> that's the reason we like it. on our models, the embedded future growth for microsoft is virtually nil. so in other words, the market, with the valuation they're assigning to microsoft, the market thinks that microsoft has no chance of growing over the next five years. we think that's way too pessimistic. >> gentlemen, thank you very much for your time tonight. >> thank you. >> we'll see you soon. thank you david, chris. >>> today is a huge race in the race for the republican presidential nomination. >> i'm in tampa, florida, where the polls are open and the republican primary, we've heard from both candidates so far today. i'll tell you what they

and pfizer's numbers coming in at $1.4 billion in 2011. let's check the numbers now. the dow is up by 39 points. nasdaq is gaining 9. and the s&p is up by 4 points. back to you, frank. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> well, it could be a facebook first. two sacramento women have gotten more than a million comments on one single post. cathy matthews tracy hodgkin's say they had a lot of help from about 105 other people. most of the messages were two letter words over and over and over again. the group submitted the post to the guinness book of world records but they have yet to hear that's actually setting a record. with more on facebook, here's grace. >> there's been a lot of hype over facebook's wall street debut. the social network is expected to file registration papers for its ipo tomorrow. cnet's brian cooley is here to break down what's at stake. so they're filing tomorrow but that doesn't mean it will go public. rights. >> reporter: we expect their filing tomorrow. that means they are going to tell the sec we're going to go public

and pfizer 4.1%. >> it is what people want. bristol-myers, great dividend, right? focus on the dividends, because they are what people want. they don't want exxon's buyback, and the buyback only helps for the hedge funds to get out of a stock. go see what occidental said about buybacks and i want to use the word fraud almost, but steve chase of occidental said that the buybacks help the hedge funds get out and not the regular shareholders and i agree, and the executives to get the options to meet the compensation numbers. buy bok backs are the defrocked he heldp the shareholders. >> you believe that? >> well, a couple have worked. >> well, novello, and auto zone, and sears on the one side. where are my hands. tlt we go. and we are talking about eddie lampert and the portfolio, right? >> well, how many buybacks where they bought the stocks incredibly high like the ceos know anything about stocks. >> true, true. checkered history -- >> checked. you are a diplomat, and you have always been a diplomat. >> i try to temper you, because i love you, babe, and you are out t

if you look at pfizer for example, pfizer had generally poor guidance. exxonmobil, good refining numbers but the margins were weaker. u.p.s., the stocks's been up 24% in the last few months. so it's a little tired. we're not getting big earnings beats in the second half of the earnings season. that's a very big sinn issue. and the economic situation is a big issue. the numbers today were disappointing. the case-shiller numbers were disappointing. the consumer sentiment numbers were disappointing. the chicago pmi was disappointing. we've had great numbers in the last couple of months. now we're starting to get disappointing numbers. i think that's going to be a little bit of an issue. >> it would be an issue. i want to also ask you about volumes, it's like, hello, hello, hello, where is the volume? we might have been up over the course of january but still feels as if there's not a lot of volume there. >> when is it going to be over, talking about the volume? here's the bottom line. it's not coming back. it has not come back in january. this whole idea th

much more than pfizer, much more than merck, much more than bristol-myers, much more than j&j. sanofi has a fabulous diabetes business based around the blockbuster drug lantus, which loses protection in five years. then there is the $20 billion acquisition of genzyme last year which gave them terrific exposure to rare diseases, the so-called orphan drugs that have longer lasting patents and are much harder for drugmakers to copy. orphan drugs are the reason we made alexion. alexion won the super bowl that was the 2011 postseason stock super bowl that we had. alexion. now the genzyme guidance was stronger than expected and they expected total cost saves from the bill will be higher than the initial 1.5 billion euros projections. numbers can go higher. plus earlier this week the fda approved sanofi's manufacturing plant for a key genzyme drug that had lost share in recent years because of long-standing manufacturing problems that are being solved by sanofi. one of the reasons they were able to get genzyme so cheaply is because of this facility. it got checked on this week. the st

we will get fourth quarter earnings reports from dow, exxon, pfizer and merck. the latest figures on personal income and spending will be out. on tuesday a look at the housing market with the price index and voters in florida go to the ballot box for the primary on tuesday. wednesday the first of february we get sales for the month of january. and the jobs report tells us the unemployment rate and how many jobs the economy lost or gained in the last month. typically a market mover. that will do it for us for today. thank you for joining us this week. next week, a special program. the author of a news-making new book about the first family and life in the white house. each week keep it right here where wall street meets main street the. have a great weekend, everybody. i wieell

pfizer earns 3 cents above estimates, but this lowered guidance by a nickel per share. another possible positive sign for the economy. a survey by the fed finds that banks are seeing more small businesses apply for loans. that's the highest level since 2005. economists say that that could signal companies are more confident in the prospects for their businesses and the country, which could also lead to expansion and more hiring. >>> and if you filed your taxes already, you may have to wait about a week longer to get your refund. the delay is caused by new safe guards that the irs installed on their computers to prevent refund fraud. this is limited to people who filed returns before january 26th. that's what we're watching. chuck, back over to you. >> thank you, jackie. "the daily rundown" is back in 30 seconds. >>> welcome back to our special florida primary edition of "the daily rundown." you're looking at live pictures here. it's a polling place in winter park, florida, just north of orlando. as we've told you, it's winner take all tonight. and as you can see on the

find that a couple of those that meet that requirement will begin with the multinational drugmaker pfizer. pfe the ticker symbol yauld being 4%, twice what the u.s. government treasuries are yielding for ten years. what about the future growth of the by, is it enough to buy it for its dividend yield? >> companies actually growing. i think this is the first time in the last decade that the branded drug companies, you actually like the fact that their pipelines are very strong versus the generic. so the company just raised its dividend back in deechlts i think this company can continue to grow. even though the stocks is at a 52-week high. i think you can make a double-digit return on this stock in 2012. >> pretty significant. but what about the ability for this company to continue to fund acquisitions or research, could that take away, drain money away from potential future dividend growth? >> at some point yes but when you look at the balance sheet, the company has an a-rated balance sheet by all the major credit agencies. i think that's very strong going forward. >> all right, you also li

big companies like hewlett-packard and pfizer and wal-mart all instituted flexible work plans and things to try to make it easier for men and women. >> allows for time off. >> when we encourage government to intervene we ignore the real actuarial issues that are at stake for smaller company, for instance, be able to absorb those costs. when someone leaves and when you have to continue paying them the work that they do doesn't go away that's something i think is often overlooked. >> most of this legislation, smaller companies are exempt. this is like educational child care, we are behind the world, there was a tim when we wouldn't pay a price with paying a terrible price. children are behind. interestingly in our country almost all of the great benefits were established during a depression worse than this one. and you try take away any of them you'll do it at the risk of your life. i must tell you, i'm only now beginning to come to grips with at it means for women not to have paid paternal leave. i'm a new grandmother. justin alexander norton. and his mother unlike me is nursing. you tell

fourth quarter earnings reports this week from dow components exxon, pfizer and merck. on monday the latest figures on personal income and spending will be out. on tuesday a look at the housing market with the monthly home price index from s&p case-shiller and then voters in florida go to the ballot box for the national primary on tuesday. wednesday, the first of february, auto sales for the month of january and friday the jobs report tells us the unemployment rate and how many jobs the economy lost or gained in the last month. typically a market mover. that will do it for us today. thank you for joining me this week. next week, a special program, the athor of a news making new book about the first family and life in the white house. each week keep it here where wall street meets main street. have a great week everybody. see you next weekend. ♪ secondhand smoke affects everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke.

so you get a lot of angry resentful just growing up in america here that's already happening because pfizer america's most profitable pharmaceutical company makes anti-depressants not only for people but also for adam and in two thousand i the pharma giant paid two point three million dollars to settle civil and criminal allegations over illegally marketing one of its drugs it was the largest health care fraud settlement in the middle line to ever been paid by u.s. drug companies that being said the money reportedly amounted to less than three weeks more of wiser drug sales the money is so huge that the fines are immaterial and they're not thinking about the social effects of what they're doing they're thinking about the profits they accrue the pharmaceutical industry remains the most profitable business in the u.s. more success and financial gain for the companies will always remain possible as long as more americans are encouraged to take drugs in a fortnight artsy new york. a brief look now at some other stories from around the world and we start in nigeria for workers issued an ultimatu

. >> a sticky look at the freezing rain and pfizer. this is until 9:00 a.m.. there is the chance of light icing. this includes some sidestreets and roadways. look at the visibility. eight/of a mile in frederick. under a mile in manassas because of the fog. nothing on by super doppler 7. 33 degrees in the district. frederick is at 28 degrees. >> here is our satellite. you can see the widespread system of to our west. this cold front is going to move their later on tonight. ahead of that will have some areas of steady rain. there are so cloud lingering tonight. tamara is a beautiful day. drizzle and fog. possibly some areas of ice. then we got near-50's. the total is not all that impressive. we start the day tomorrow with some clouds. it is pretty beautiful. it is also mild and warm. the next round of rain and not snow comes late thursday. what is the latest? >> for those who have to have to work this morning and do it at a particular time, you will find you are not alone. we have well treated wrote in a little bit of fog. right now no accidents to report. we ch

own name and not have to worry about somebody else doing that and finally when i go i'm not going to pfizer you nine hundred eighty said we you know we are leverage frankly the birth rate of our leverage frankly goes up as the voting populace goes down. i mean just came right out and said well i don't know anything about that particular statement. but i will say that when it comes to something like getting an absentee ballot when you never solicited one i days that is beyond the point how many there have been i want somebody to tell me how many instances of voter fraud that we're talking about here for the reason that we have to make sure that we're sure sure that everybody's going to vote why would you want to go to florida people are struggle by lightning you know you've got to have a you have democrat representative or we had a response we'll be right back coming up other republicans coming up the republicans keystone pipeline job estimates overblown more rumble after the break. let's not forget that we had an apartheid regime right. i think. one well. whenever the government says they'r

jfk and his pfizer's decided in november 1961 to sharply escalate the war in south viet nam that had been going on for some time to essentially turn it into a u.s. invasion but at that meeting, ed kennedy authorized the u.s. air force to start bombing south vietnam pretty soon there we're carrying out about one-third of the missions they did not fool anybody except those that wanted to be fooled to authorize a pom and what we are discussing here is what is called chemical warfare. but then the bombing expanded and led to the troops invading the south within a couple of years. 1966, one of the leading specialist of vietnam, a leading scholar in his last writing before killed in combat wrote he thought vietnam may not survive as a cultural and historical entity with the impact and, of the most severe bombing or attack against an area of that size. south vietnam and north vietnam the area around have no way was somewhat scared because of the foreign embassies but the of the part was turned into of moonscape and south vietnam never recovered and aba me and six did into northern laos havi

we've had earnings from exxon, mobile, and pfizer. exxon profit was up slightly to $9.5 billion. pfizer profit was cut in half last quarter not surprising considering its blockbuster cholesterol drug lipitor lost its patent protection in november. they're trying to struggle to keep those consumers that would have bought lipitor but are now going for generic version. >> felecia, thanks. >>> coming up, what the florida primary says about the upcoming primary election. we'll talk with the editor about the state's biggest nurp about what we might learn. >>> she was kicked off the ballot because her english wasn't up to par said a judge. details ahead. what makes scottrade your smartphone's most powerful trading app ? total access - to everything. from idea to research to trade. including financials, indicators and real-time streaming quotes. whether you check your investments every day or every minute, our app can take them from thought to trade. at scottrade, seven-dollar trades are just the start. try our powerful mobile app. it's another reason more investors are saying... i'm wit

exxon mobil will be reporting before the opening bell as do drug makers eli lilly, pfizer, mattel and u.s. steel. after the close we'll hear from amazon, aflac and seagate technology. a lot of big companies today. and still with us is bill and john silvia. bill, i want to go out to you. in terms of the data we're looking at today, what do you think is the most important point we're going to get? is it that consumer confidence number? >> i would say most likely that will be the best number of the day. case-shillor shows an uptick i think that will expire rapidly. >> and what about your view on earnings? we have a lot of big companies coming out, exxon, amazon, seagate. what's your take? do you think we'll see a stellar day or more of the same, a mixed bag? >> i think you're going to see some bumping and grinding but it's going to be generally to the plus, outside expectation. i think the earnings are going to be a great story. 60%, 70% ahead of target. >> i see five-year treasury deals. a lot of people got burnt last year calling the end of this treasury bond market, a bull bond market

they have done and excellent job the past few years especially of taking research and working with the pfizers of the world or bayers. >> i think there is a little more control there. so it is a separation. it is a secession even though they don't like to use those words. i think it is those things when it comes to how independently they can operate. >> reporter: they are building a new hospital here on the mission bay campus and pensions are rising according to th chancellor. so she says they have to do something or pretty soon they will be spending more than they bring in. joe vazquez, cbs 5. >>> a medical milestone. starting this summer, insurance companies will be required to provide birth control for free. the white house confirmed its controversial decision today. beginning august 1, most medical insurance plans will be required to offer birth control without charging a co-pay. religious organizations would be exempt. however, religious affiliated hospitals must comply by august 2013. >>> we have all been taught to share but what about sharing your car, your work space, even a nanny? on

and pfizer reported earnings that surprised expectations. revenue fell 4%, but the world's largest drug maker trend their full-year forecast. of the 204 companies reporting the results, about 60% have topped analyst estimates. that's it from cnbc. now back to florida and chris and "hardball" 37. . >>> if there's anybody in america who can teach us how to bring back manufacturing, it is the great state of michigan. >> welcome back to "hardball." it was no coincidence that president obama included michigan in the swing last week. it's one of the states in the midwest. that could hold the key to his reelection. i doeblt think a democrat has gotten indiana in a hundred years. a report by bloomberg news using stats from the federal reserve shows that some of these states are recovering the fastest economically in the country. michigan, indiana, ohio, and pennsylvania have improved faster than the rest of the united states since the recession's death in april of 0 209. one reason is the auto industry. >> some folks are willing to let this industry