gained in 2006. republicans are likely to be at their high water mark since before fdr. they have gained significantly in this area. we took all four of those factors and put them in a relatively simple way. it tied with 1994 with the third largest midterm election in the last 100 years. for a senate race or even one of those close governor's races, which could go the other way, it would be second. let's go back and remind ourselves about where we were in 2004. in 2006-2008 and in the special elections that we have had, these are the territories that changed hands since the two dozen for election, but before tuesday night. uc democrats with a few pickups. now let's look at where we stand after the election. 36 of those democratic seats have gone back to republican hands. there are some projections that the number is slightly smaller. but you get the idea. the partisan changes. in some ways, other is a small number, 65 out of bathem. you see some republican seats in the northeast and if you out in iow

>> i am not sure it would have been a 54 seat gain, but it would have been a substantial gain. we had examples before where large centralization, the implementation -- even a growing the economy, like in the 1960's or recovering quite rapidly in the early 1990's, and the white working-class reacted in the same way, even those those results were not implemented in the background of dramatic recession. i am sure the economy had something to do it but there's something else going on here. >> i am with henry and this, but there three components. one is the natural tendency to go against the president in power. i think the economy was the biggest component. i agree with henry that the third component is the ideological one, or about debt, deficits, larger government, the obama administration moving too far and too fast. but those concerns might have been lessened with a better economy. i think it would have been a move in the republican direction, not of tiny move, but the economy was the larger part of it. norm's. from 1982 to 1984 was a long time. conditions can change. if they do

newswheel: wall street struggled to hold its early gains. the dow ended up just nine points, while the nasdaq fell four points and the s&p 500 was down 1.5. trading volume started the week at a slower pace than friday, falling below one billion shares on the big board and below two billion on the nasdaq. just in time for thanksgiving travel, gas prices continue rising, now close to their highest prices of the year. the national average is $2.89 a gallon, just three cents shy of the high set in may. and both ireland and portugal today said they don't need a bailout from the european union. but a senior member of the european central bank said talks were underway with both debt- burdened countries. still ahead, tonight's "beyond the scoreboard" looks at what's at stake for disney's e.s.p.n. as it re-negotiates its deal for "monday night football." >> susie: there is still some negotiating to do in washington, where the lame-duck session of congress got underway today. even as newly elected lawmakers came to the nation's capital, the old congre

stock gained a fraction today. analysts say the trial shouldn't impact the business of either company, but it indicates how tech companies will protect their intellectual property. also in business software, salesforce.com was the biggest s&p 500 gainer. the stock jumped 18% on more than seven times its usual volume. the stock is at an all-time high. the company's latest quarter and outlook were better than expected. and finally mela sciences. what a week for its shareholders. the stock went from $6 on monday to $3 tuesday when the f.d.a. said a skin cancer detection device may do more harm than good to a 96% rally today. an advisory panel recommended approval. of course, the big i.p.o. this week was general motors but there were other new issues as well. l.p.l. investment, an advisory service for independent financial advisers came out at $30 and has had a nice gain. management consultant booz allen hamilton started at 17 and is higher than that despite a small drop today. and online chinese automobile marketing c

they need a net gain of 39 seats. in the senate, republicans have it harder. they need a net gain of ten seats to reach 51-seat majority. >>> the latest gallup poll paints a bleak picture for democrats. 55% of likely voters plan to vote for the republican congressional candidate. 40% say they'll vote for the democrat. facing an anti-incumbent electorate, worried about the economy, and a surprisingly strong tea party movement, democrats are still trying to rally the troops. randall pinkston is in washington with much more on this. good morning, randall. >> reporter: good morning, betty. well, as you indicate, the pollsters and the pundits have spoken, and now the voters will speak, at the polls, to decide if predictions of republican takeover of the house and gains in the senate will, indeed, come true. democrats are counting on voters to turn out big to save their majority in congress. >> if we show up and vote, we win. it's as simple as that. >> reporter: the party's brightest stars worked the campaign trail late into the night monday, in a last-ditch effort

needed a net gain of 39 seats. gain at least 50 by the time the night is over. john boehner will likely replace nancy pelosi as speaker of the house. but the battle for the senate continues. the republicans need a net gain of 10 seats. so far, they've taken three seats from the democrats. in indiana, dan coats will succeed the retiring evan bayh. in arkansas, john boozman unseats democrat blanche lincoln. in north dakota, john hoeven won the seat that byron dorgan holds. it's election night. >> we can fix the united states congress. that's what elections are for. ♪ >> couric: welcome back, everyone. you cannot talk about this election cycle without mentioning a movement that began in the summer of last year and soon caught fire. we're talking about the tea party movement. our cbs news exit poll today found 41% of voters are tea party supporters -- in fact, there are three tea party victors in the senate alone. we have rand paul who has won in the state of kentucky. marco rubio who has won the senate seat in the sta

gained in 2006.and republicans are likely to be that really their high watermark since before fdr, so they really have gained significantly in this area. so we took all four of those factors and we put them all together in a relatively simple way of combining the ranks. they are ranked historically, tied with 1994 for the third largest midterm election in the last 100 years. again, but for a senate race or even one of those close governor's races which could go the other way, it would be second and it depends on how you want to weigh these factors. clearly house in state legislative seats, the most recent years a little less on the other side is but still quite impressive. okay, now let's go back and remind yourselves of where we were in 2004 on the map and 2004, after a close bush kerry election we are going to look at seats that democrats have picked up and actually the republicans have picked up before this election, so in the 2006/2008 elections and in the special elections that we have had. this

macy's, target, and saks all posted solid october gains, while sales at j.c.enney and kohl's lost ground. tom will have more on the retailers in tonight's "market focus." and a new price tag on uncle sam's bailout of fannie mae and freddie mac: $685 billion. that's what s&p is estimating the overhaul of the mortgage giants will cost taxpars. so far, we've shelled out nearly $150 billion to keep fannie and freddie afloat. >> tom: still ahead, it's "all in the family" at pritchard automotive. we look at how the next generation is gearing up to join the family business. >> susie: as we've been reporting, the fed plans to pump hundreds of billions of dollars into the banking system. so, will that change the way banks do business? that's the first question i asked kelly king today. he's c.e.o. of b.b.&t., one of the nation's top ten banks. >> i really believe that lower interest rates, the confidence that's related to the fed actions will stimulate more loan demand and therefore our loans that we make will go up and that will be a very good thing. >> susie: you kno

republicans need to gain 39 seats to gain control of the senate. as nicole collins reports, they need momentum going into the home stretch. >> reporter: polls open during the morning and some anticipate a power shift. >> the people of this country want real people in there to represent them. >> reporter: at stake, all 435 house seats and 37 senate seats. republicans need to gain 39 additional seats to control the house and tend to control the senate. polls show a majority of voters say they are more likely to vote for candidate who opposes president obama. even so some republicans are managing expectations. >> i do not know how far beyond 39 we will go. that will be left up to the voters tomorrow. the senate will have a tougher road for us. >> reporter: as big names stumped for a conference dot incumbents -- >> a discount predictions and points to higher-than-expected democratic turnout in early voting. >> we are doing the analysis of the early votes as they are cast and we see democrats doing very very well. >> reporter: a new cnn poll shows a maj

their biggest house gains since 1938. ohio's john boehner in line to replace nancy pelosi as speaker says the people's voice has been heard. >> the people's priorities will be our priorities. and the people's agenda will be our agenda. this is our pledge to america, and this is our pledge to you. >> early this morning, president obama called boehner to offer congratulations. boehner said he and the president agreed to work together. >>> as we mentioned democrats were barely able to retain control in the senate. republicans won senate seats from democrats in pennsylvania, wisconsin, arkansas, north dakota, and indiana. narrowing the democratic majority but failing to win control. in the highly watched nevada race, senate majority leader harry reid defeated tea party challengerharron angle. in california, democrat barbara boxer held off a strong challenge from former hewlett-packard ceo carly fiorina. in pennsylvania, republican pat toomey beat democrat joe sestak in an expensive and bitter race. sestak ousted arlen specter

not to mention south carolina, which is also going to be gaining a seat. so this is a tremendous impact going into 2012 and actually beyond and bill is absolutely right. 680 legislative seats went to republicans this year. that is historic. we have never seen that kind of thing. >> if you are going to lose big, this was the year not to do it. the democrats enshrined the republican -- >> john, red members of congress run by district and members of the legislature run by district. the longest lasting impact of this election are going to be in the redistricting, in the state legislature. >> and the biggest problem -- >> the governors also have power with their respective state. and they can express which candidate is most agreeable to them. >> they can endorse, but they can't change. >> they can endorse privately. pick up the phone, hey harry -- >> the problem -- >> i know that means a lot to you, harry. >> the problem that progressives have is they congregate on the two coasts and the various big cities. all of the other rest of the country gets represented

that's the biggest gain in seven months. with just 20 minutes to go before opening bell, let's check in with becky quick and see how the markets are reacting to that. this is pre any sort of holiday buzz. sort of post back to school. this is good stuff, no? >> this is very good news, chuck. this is also a surprise to wall street because they were only looking for a gain of about 0.7%. this is about twice what the street was expecting. people are back out, shopping and spending. it's before we even get to the holidays, so wall street's taking this in stride. it looks like we're going to have a stronger open this morning. so far, futures are up by about 0 points and it's because of what we're seeing. maybe the consumer is feeling healthier than expected, but also because of a big deal. about 7:30 this morning, we get the news that cat pillar is buying a mining company. they're paying about $8.6 billion. that makes this the largest deal caterpillar has ever undertaken. it is a mining equipment company and they are riding this c

nineteenth century before losing a war to japan took his defeat in the second world war a lot left to gain control of the territories which prevented the two sides from signing a formal peace treaty the president's visit wasn't missed on the japanese side tokyo sad the trip was regrettable and her japanese public sentiment. japan's reaction to president visits trip to the cruel islands is unacceptable it is our land wishes and the russian president was visiting a russian territory we've already spleens to our japanese partners. under international law the grille islands unequivocally belong to russia but due to geographic and economic reasons its residents are balm of gas to japan than to the mainland. and while russia may be in their hearts japan is still vying for their minds eric mortar is teaching japanese at a she could turn school his salary speed by the japanese government. class is a very popular when you come to the school the children are already waiting for me amanda's people who i see there are many people who came here last year i'm happy here sometimes it seems to me that i w

coach gained 3%. now less than $1 away from a 52- week high. and teen retailer abercrombie & fitch added 3%. its latest quarter beat the street. one more retailer, b.j. wholesale. this 3% rally today, shares are at their highest price since 2002. earnings were stronger than expected and it's raised its outlook. financial stocks were the weakest today as the federal reserve released guidelines if the biggest banks want to increase dividends or launch stock buybacks. these rules apply to the 19 banks that were subject to the fed's stress tests last year. here are some guidelines. they will have to show they have the capital to absorb loan losses over the next two years, including under adverse economic conditions. banks also have to show how they will meet new global bank capital requirements and pay back the government before raising dividends or making any buybacks. the major bank exchange traded fund sank more than 1.5%, but volume was low. this is a two-week low. the biggest drag on the s&p 500 came from an industry that has been the focus of

>> 2, first, they were huge gains. republicans took over the senate first time since we had party designation going back to 1972. huge gains in the senate and house. in the governor's race. look at what you had there. outside money coming in early in the process. when tom was still getting his campaign going. pounded the heck out of them. there was no level playing field of money in minnesota. there's an example where the left took advantage of the rules. there was nothing positive. simply beat the heck out of republican candidate and that race was close. it's in the midst of a race right now. the candidate was out of the playing field that caused this race to be in the end, very, very close. but not getting the benefit that huge republican sweep you saw certainly in the house and in the senate >> another follow up. in that case. you have mark daden, who was a senator and looking to be elected governor, you started out running for governor and ended up being a senator. what's the future for you in minnesota? particular

energy was the best performing sector with a gain of 1%. halliburton was the standout-- shares up 4%. cisco shares lost almost $4 or 16% in today's trading, its worst single-day performance in 16 years. the losses just about wipe out the 20% gain the stock has seen since september. behind the selling-- as we reported last night, cisco warned of weaker than expected ut the health of business spending on technology and concerns that more companies and state and local governments will put off computer and network upgrades. the selling in cisco spread through the sector: dell was hit the hardest, down 4%. h-p, ibm, and motorola also moving lower. from tech titans to technology behind netflix. the movie rental service signed on with level 3 communications to handle its online network services. that took level 3 shares to a new level: up almost 9%. wal-mart taking on amazon for the holidays-- the world's largest retailer is offering free shipping on over 60,000 items on its web site with no minimum purchase requirements. amazon offers free shippi

we expect gaines to win, and we expect a democrat to replace peza. and that would put their proportion at 254615. >> so in your memo, you recorded a rolling wave with the democratic governor, lieutenant governor and both house us. this is the first time in how long that much of a democratic power shift? >> yes, it is significant. you would have to go back to -- in greg davis' administration, there were prompt proportions in both houses but not at the level we have in the assembly. you might have to go back to jerry brown's governorship to have that dominant of a caucus in both houses. [inaudible] >> that's true. supervisor mar: but it does sound like california is bucking the trend of the nation? >> yes. supervisor mar: it is interesting. if you look at how the california voters voted for the propositions, where it looked more like the rest of the country. but in terms of the elected efficiency, nowhere near the kind of sweeping wave. in congress there is only the one seat that is still under contest, and that was congressman jim costa. if you think

huge gains in the senate and house. almost unprecedented. in the governor's race, but what you have there. you have an outside money coming in early in the process when tom member was getting his campaign going. it just pounded the heck out of him. there was no level playing field of money in minnesota. there is an example where the left did manage of the rules, where they put third-party money in what it was nothing positive, simply beat the heck out of the republican candidate and all to let that race was very close. it is in the midst of a recount right now. i think that canada was at a disadvantage because of outside third-party liberal democrat union money that cost us money to -- because this race to be very close but not getting the benefit of that huge republican sweep that you saw in the house and in the senate. >> another follow-up. you have mark dayton who was a senator and now looks to be elected governor. you started out running for governor became a senator. what is the future for you in minnesota, particularly if you do not ru

a gain of three. >> matt: snelling missed a great opportunity with his vision. if you were able to break it to his right, to the outside. he had some area to run. >> bob:-2-here we go to another crucial third down where the falcons have been so efficient all night. >> matt: yeah, but in this range they haven't been that efficient. between two and four yards they are only 1 for 3. >> bob: owner arthur blank watching anxiously. >> matt: this is a big down right here. big down for baltimore. >> joe: for both teams. >> matt: exactly, and atlanta. >> bob: white in motion. pressure. white, dropped it. he had the first down, and he dropped it with 3:19 to go. >> matt: boy, that's a huge drop for the falcons. >> joe: clock stops. you don't need to use a time-out. you'll have the two-minute. ball is thrown a little bit outside. still a catch. >> matt: in his hands. >> joe: should an easy catch. >> matt: tried to stack behind gonzalez. they got what they wanted. he dropped it. >> bob: ed reed who has a punt return for a touchdown in his career waits back at about the 11.

report american military chiefs submit the progress across the country is an event with just modest gains against the taliban what is policy there looks at the last relocation of american forces the latest attempt to break that no. real trick which is time in iraq is coming to an end he's part of the american forces who stayed behind to train assist and equip iraqi security forces sure there was a bomb that's for sure no one knows whether want to stay here until it's not just movement of troops and equipment since world war two the u.s. army is moving its supplies from iraq to afghanistan certain equipment such as are in route. mine resistant vehicles are humvees or those types of equipment a lot of our rolling vehicles rolling stock of vehicles and some generation that equipment yes will be dedicated towards the mission in afghanistan but critics warn that moving troops won't help much that. we're not going people see u.s. forces inside their country it brings in paganism and makes them turn to terrorism and al qaeda so as more american troops come here from iraq it will just make things

midterm elections showed gains for republicans but some voters say none of the candidates were dragged them out of the troubled economy. there are fears groups in iraq by the u.s. to help build security back into the hands of al qaida. so you're watching r t we're broadcasting live from moscow welcome to the program combating international terror beefing up a global security and deciding the future of national defense where the key issues russia and nato want to work on during the visit of the secretary general to moscow . russian president and foreign minister later on tuesday. cross to our correspondent. because i mean what exactly will be doing during this visit whether relations between moscow and they take the stand. he. asked to meet the russian president on foreign minister to discuss a new strategy for global security russia and nato and russia currently stepping up . gratian. defense systems in europe and also in conventional arms control and today still sorry i'm sure it's all good gracious work the upcoming russian nato summit which is due to take place in least one of. the

republican gains in congress may also stall the ratification of the latest russia u.s. arms reduction agreement the us secretary of state control has urged lawmakers to ratify it before next year that's when the new session of the senate will begin the new start treaty signed by both presidents in april and should cut the two country's nuclear arsenals by a third but it won't come into force until ratified by both sides something moscow says it's ready to do foreign affairs journalist josh rogin gives his explanation of what's holding washington back. if they've made this decision that they want to postpone the vote on the agreement come next year or if they just want to go down altogether or not pass at all that's a decision that's going to be made totally absent of the rational substantive arguments for against the treaty how it affects our security this is pure politics it's not really about the merits of the treaty it's about the politics of republicans versus the obama administration you've got the public in leadership who wants to sort of see if they really think

maker leading the gains on the r.t.s.up more than two percent that's up to a solid performance on monday for the mining giant closed four percent higher and in europe stock markets are also higher with a focus on several major companies that updated all reported earnings out of power was among the early risers of footsie after increased its profit forecast or makes gains about eighty seven dollars a barrel in europe suggested by rising stock market and a weaker dollar. the i.p.o. bidder that will mail dot our you raised more than one billion dollars that the banks exercise exercise options to buy more shares according to the company banks including goldman sachs and morgan stanley three point three million depository receipts at twenty seven point seven dollars each stock has gained strong. london launch last week rising thirty five percent as of monday. calls burke has raised its annual profit forecast after its net profit grew by thirty one percent in the third quarter of two thousand and ten the danish brewery expected

and in europe stocks are also gaining the footsies up point three percent boosted by gains for the mining sector shares in xstrata are up over two percent newspaper publisher daily mail and general trust dropped two point four percent after reporting its annual results group grows over one and a half percent after agreeing a joint venture in russia on that in a moment. here in russia both reality as it was except trading in the black boosted by energy majors all the blue chips are gaining with gazprom up the most over two percent the new call up over eight percent notice to kill is also one point one percent higher on the r.t.s. . russia's leading travel company in tourist and europe second largest tour operator thomas cook have announced a new joint venture the u.k. based operator which has been trying to get the put holds in the russian market for years to invest. forty five million dollars in the newly created company thomas cook will also get a controlling stake a fifty point one percent interest expects the joint venture to become one of europe's top ten travel companies. ireland has

for world bank of scotland and a nearly three percent gain full lloyds banking group. is gaining point six percent with torture bank up one percent. and in russia the r.t.s. on the my six oz rising have gained about point seven percent so far most of the chips bucking the trend as it shares continue to drop off to damage to rail link the company uses to ship potage from its main russian line. and that's all we have time for knowledge but if you want to get more stories you can always log onto our web site r t dot com slash business. for six months the russian capital was in a state of siege days and nights people lived in fear of occupation and were preparing for the desperate defense intense battles took a heavy took. the saw made army switch to be offensive but was the first su near defeat of the where mobs would. be a battle for moscow monarchy. would be soon which brightened if you knew about someone from finest impressions. for instance on t.v. dot com. wealthy british style such. as not on the. card. markets why not. find out what's really happening to the global

that is a gain tonight. we have two gains up there.xi gainnoulias is a gain and mark kirk is a gain. mark kirk won the seat. confusog the board. numbers are so close even the computer was unsure who won the thing. clear in the control room. yes. mark kirk is the winner in the state of illinois. >> that is barack obama's senate seat. it is now gone to the republicans. democrats were not able to retain that seat. i am confident if you told anybody in the white house that if barack obama senate seat illinois went to the republicans they would have called you crazy. >> a lot of surprises and the surprises are coming to just add and put a subtex to the giddiness of the republicans. there are the correct numbers. go ahead nina. >> republicans did not do well in coast races. duval patrick linked with barack obama. he survived a close attempt to deceit him as governor of massachusetts. in california. two major well financed candidates. carlie fiorina and meg whitman. meg whitman probably spent 190 million when it is all said and done and get o