spiking on the amendment of their macau credit facility. obviously giving some relief to the equity holders there. maybe the debt picture is improving. las vegas sands higher by 11%. intraday trade here on that amendment of their macau credit facility. macau of course being an island off the coast of hong kong, which is a huge, huge area for gambli gambling. competes with investigate ags monetarily in terms of size. we've got 30 minutes before the closing bell here's how the market are shaping up. the dow jones industrial average higher by nearly 22 points. 9,383 1/2 points. a gain of a quarter of a percent. the nasdaq is higher by 7 1/2 points. trading at 2,006. and the s&p 500 is also in positive territory right now. bob pisani. >> we just want to let you know, king pharmaceuticals, and i don't know if you can get a shot of this here but there's still a crowd in front of king pharmaceuticals. there you go. kg. they are halted for news pending. and we do not have any official statement about what the news is but there's been speculation on

in both macau where things seemed to have rebounded fairly well but not back to all-time highs. and, of course, in las vegas. there is a look, though. the stake in the company worth a good deal more than it was when the stock was hovering below $2. we will see from here, research notes out today. mixed bag. lot of people saying probably fairly valued right around here at 12 times the -- getting out of macau. there may be more to come from las vegas. so the same for mgm. again, there -- it is -- majority shareholder, kirk can he korean. you can see that shop up sharply from the lows as they managed to convince their partner, dubai world, to come back to the table to help finance completion. there's a lot of losses potentially still to come on the project. again, you are still dealing with a very slow las vegas economy with a lot more capacity coming online. but it is worth mentioning. both of these companies nobody is talking anything about bankruptcy. at least not any longer. always a lot more flexibility in these kind of situations. perhaps than appears to be when things seem v

they were talking about macau. now credit is easing a bit and so much money has already sunk in.hey're taking the bankrupt trade out of it and now the stocks are coming up. wynn is probably the class of the view. then you have lvs and mgm. with traffic increasing in vegas, those stocks are starting to get some attention and starting to break out into more normalized levels of where they should be tradelinging. >> do you think casino stocks ought to be sold? >> i think lvs is a 20% short position. and they were on the run today. lvs was halted and they came out with a new financing plan for the city center that excited investors. that stock was 80, 90, 100? and it's $14. >> lvs is las vegas sands. that's sheldon addison, right? >> i believe so. >> he's a hero of capitalism. i think he doubled up on his bet. went into his own pocket to keep the company afloat and now they're coming back. i wish them back. got to wrap this thanks. there's still a lot more ahead tonight on "cnbc reports." >> it's the debate of the year. health care in america. >> it's unfair. the government hasn't do

. >> thank you for coming today, senator macau kit -- senator murkowski. .senator reid and the majority whip recently said that they would not be opposed to passing health care reform if they do not have the necessary votes to bypass a filibuster, that they -- i do not understand budget reconciliation. i was wondering what you think about that and whether that is a feasible solution. for the record, i do not think that is a good idea. [applause] >> the budget -- the process of a budget reconciliation is a system that is unique to the senate that would allow for a way to get around a filibuster it requires 60 votes to break it. when it moves through reconciliation, it only needs 51 votes. it is a process that is available. it is a process, however, that is subject to some technical rules within the senate in terms of what may be considered under reconciliation. without getting too much into the wheat, there is so much contained within the health-care bill that came out of the health committee that would not be subject to reconciliation. for example, the welln

this is a green winged macau.ng bird. >> they're beautiful animals. >> they're beautiful. >> does it talk? >> but they're powerful and you have to respect them. when they're in captivity like this, yes, you can teach them to mimic words. >> does this one know how? >> they don't really do that in the wild, and this one doesn't. >> now on to the really good tough. >> oh, look at this. >> we were close to something -- >> ew. >> don't look down there. the macaw. >> oh, no. >> a tarantula. >> who would like to told this little beauty. >> kathie lee. >> if you say i can -- >> it bites -- >> this is a chilean rose hair tarantula, one of the most docile species out there. he really does not want to go on your hand there. this is female. females are a little bit big irthan the males. one of their defense mechanisms is to flick off the hairs. you're a predator trying to eat this, she can flick off her hairs. >> that macaw is looking at that tarantula. >> but my nails look good, don't you think? that's all that matters reall