merck stock was bleeding, falling almost 7%. volume jumped six-fold. this is a 90-session chart to highlight today's drop. let's roll out a full year chart. shares had been between $34 and $38 for the past several months. today's sell-off takes shares down to the bottom of that range. there was some concern about some european government bond sales this week, but they've gone well, and that has helped banks in troubled countries, such as spain. the spanish e.t.f. jumped 3%. banco santander and banco bilbao each saw some relief buying, fueling rallies of 4% and almost 7%, respectfully. while talking about spain, energy company repsol popped 7% on heavy volume. an indian oil firm wants to buy a 5% stake, according to reports. back in the states, marathon oil will spin off its refining and sales businesses. that led to a 6% rally. volume exploded to more than ten times usual as shares hit two year highs. marathon would keep its exploration and production operations when the split happens in june. finally, grocery store whole foods. there's been some conce

merck dragged the dow down following setbacks in a trial for a new cardiovascular drug. stock is up nearly 80% over the last year. it's tax time again and this year, the treasury department is looking to save a few bucks by switching from tax refund checks to prepaid debit cards. the pilot program will be offered to some 600,000 low to moderate income americans. >>> and finally, as if wall street needed fuel for any more resentment. according to a recent report, wall street traders earned more than brain surgeons. for example, a typical oil trader with ten years experience earning about a million bucks versus a neurosurgeon with the same experience who makes less than $600,000 a year. >>> well, the heisman winner decides his future. the thunder makes noise, and the agony of defeat. >>> plus, while the king's away, the nuggets make hay. your early morning sports headlines are straight ahead. >> cold air dominates the weather map bought new storm moving into the pacific northwest. a new storm is coming ining "eat >>> good morning. if you're just waking up, this is "early t

we're watching merck shares.more than 6% here after an anti-clotting drug was inappropriate for patients who had a stroke. merck under some pressure because of that as well. here's how we are shaping up so far this morning. seeing modest losses, the dow, s & p and nasdaq all trading slightly to the down side and the silicon valley trading a little lower as well. shares of santa clara based intel, they are down this morning. ahead of the quarterly results it will put out this afternoon. williams sonoma doing post-holiday celebrating. reporting a 10% jump in holiday sales boosting its earnings forecast as a result this year. you may be able to do some of your banking at k-mart. it's testing in chicago, l.a. and puerto rico. they may expand this to other cities. it's happened with the 10% u.s. families that don't have a traditional checking or savings account. >> jane, thank you. >> a new survey finds that a record number of homes went into some type of foreclosure last year. 2.9 million homes received one foreclosu

the next book was mirror merck -- mirror mirror a history of mirrors goingif from a pre-historic people - recognizing themselves in a mirror. of you think about it to know you are lookingom at yourself is something only humans or higher apes lowered dolphins or elephants can do and goes up to the hubble space telescope to cover art, and come a magic. my breakout book a children's book so you know, any children or adults who would appreciate it, that is that. "inside the outbreaks" i did take over five and a half years to write this as my wife reminded me repeatedly. it was a labor of lovebo.iz about an organization called epidemic intelligence service and a friend of mine went through this my friend said you should write a history of the eis. i said think you. what is it eis?c he said it is the epidemic intelligence service i thought this is not faction faction -- nonfiction there really is? >> it is. began in 1951 part of thearte cdc and i will show you the guy who started it alexanderut was the high a stage was then head epidemiologist at that time it was started at the communicable d

this evening's sponsors are comcast, mercke and company, pg & e, the coca-cola company and toyota. a big round of applause for our sponsors tonight. it means so much for the young people who are helping to shape their future. it takes leaders to bring forth leaders. chci and chli work to create leaders and they do it with mentorship. they represent our community across all sectors of society. tonight, we come together here as a unified community to recognize our elected leaders of the 1:00 congress on whose shoulders press the tremendous -- on the 112th congress. i note the census results are coming out soon for 2010. we are eagerly awaiting those results. you do not need me to tell you what we already know. our hispanic community is quickly becoming a majority. it is no longer a minority. [applause] that is right. we know already that latinos account for more than 50% of the total u.s. population growth since 2000. i can only imagine that if we get a sneak peek what we are going to hear about how that population has exploded. the growth of the u.s. population overall is at a direc

merck & co. pg&e, the coca-cola company and toyota. thank you all for joining us here tonight. i know it's a busy time in washington, so i appreciate all of you making the effort to be here. enjoy the rest of the evening. now you can hit the bars and mingle. have a good night. happy new year. [inaudible conversations] [inaudible conversations] >> i think news organizations have adapted. it's a great or were not -- that overall news organizations probably aren't doing much for news and doing domestic news? the public there's some responsibility here. the public bears responsibility of keeping themselves informed >> new york's new governor, andrew cuomo gave his state of the speech addressed this week. here's the powerpoint presentation to emphasize his key points, covering ethics spending and what he calls smarter government. the governor also spoke out in favor of same-sex marriage. this is 50 minute. >> like them either, this is a time of change and renewal and eech w is open on her and a privilege to introduce to the podium for it is both his very first state of the state mes

so to the people of the 11th district of illinois, to the people of merck, let me say, the freshman class and the republican majority has heard your voice. we heard what you said on november 2, and we're going to seriously cut spending and we're going to start with our own budget. we're proud to do it and we're going to step forward and lead and make you proud. thank you so much for the opportunity to address on this issue and i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the gentleman from pennsylvania continues to reserve. the gentleman from california. mr. lungren: at this time i'd like to yield to the gentleman from mississippi, mr. harper a member of the house administration committee. the speaker pro tempore: the gentleman is recognized for three minutes. mr. harper: mr. speaker, i'm eager to enact the republican governing agenda that focuses on creating jobs, driving down spending and shrinking the size of the federal government. republicans will take swift action to turn america from the failed economic policies of the last two years to c