what do you think of pfizer at 18? >> well, pfizer is still going to execute a strategy of breaking up the company and spinning off starting with air animal health business. this is going to create a lot of value and opportunity for shareholders, and from the beginning i said keep those little pieces as they spin off. don't take extra pfizer shares or cash, you know, go into these new businesses, it's very similar to what bristol meyers did with the baby nutrition baby formula company, that one more than tripled. so that's the opportunity with pfizer. but across the board let's not forget the market has just come off of eight days down in a. >> tom: yes. how about disclosures, do you own everything we mentioned tonight? >> i own all these stocks, yes. >> tom: you can e-mail us your questions at street critique.com, we try to get as many as we can. you can also reach us on twitter and facebook. next week hillary kramer. also online, be sure to catch "beyond the scoreboard" with rick horrow, looking at the silent stakeho

pfizer stock was off 4.6%. the generic competition threat has been hanging around pfizer for some time. its best-selling anticholesterol drug, lipitor, comes off patent. later on this year. despite that, the stock had been able to rally over plans to spin off one of its business units. and that's tonight's "market focus." >> tom: the stock market has fallen more than 6% in the past two weeks as the debt debate dragged on and we've seen fresh signs of the slow economy. that brings us to tonight's "word on the street," "safety." bryan ashenberg is a portfolio manager at thestreet.com. bryan, nice to see you. the first safety idea you brought along comes from the strongest sectors this year, healthcare. the name of the company is healthcare services group, the ticker symbol is h.c.s.g., it cooks at nursing homes. share price has fallen off considerably as you noticed here with worries over medicare spending. how about this here, bryan. >> the worries over medicare spending can actually help this company because if

an aviation sensation russian space generation pfizer has made its international debut of moscow is a show buyer than flying out a fourth car has acknowledged takes to the skies to account and now the story of the eco warriors who put themselves on the line to protect the world's environment special report on next. round one o'clock in the morning. and friends left to their room in your car dealership through any means. made sure that there were no people around the buildings that were nearby were breaking. the fire that resulted in forty thousand dollars worth of damage to three trucks unfortunately it's taken me to start a fire be found guilty of several different crimes be sentenced to twenty two years before people want to pay attention to things that i have to say or people like me have to say. should i stay here for the duration of my son's entire world and life that i have up to this point will be nonexistent twenty one years that's hard to swallow. that's real difficult but i can look back knowing what i know how and what i have in my heart. crude trying to meet. this was the

pfizer could have a battle with the fda over safety. lipitor belongs to a class of drugs which cause liver and muscle damage in a small percentage of patients. anheuser-busch is rolling out a new design for the second best selling beer with a retro look, a bow around the name with red, white and gold designs. budweiser has been struggling as you know with declining sales for years, running neck and neck with coors light. t's the 12th redesign since it: debuted in 1936. >> nicole, thank you. you think silicon valley as a school yard you wouldn't expect -- you would expect google to be one of the big kids on campus. google's top attorney says other tech companies are ganging up on google and its android software. who is ganging up? according to google apple, or rickle and microsoft, all three companies have filed patent infringement claims. google's lawyer says the companies are using bogus patents to drive up the cost of using android. microsoft denied the claims. >> zuckerberg leaving facebook, not mark but sister randy is resigning fro

drug giant pfizer continues its rebound from its 2011 low earlier this month. shares added another 3.7%. the stock is up more than 10% in three weeks. a blood-thinning drug pfizer is developing with bristol myer- squibb is receiving rave reviews in a clinical study. it reduced the stroke risk in certain heart patients by 21%. finally, today's gains extended to europe. this exchange-traded fund follows 350 european stocks. it bounced more than 2.5%. nice move as two greek banks, alpha and e.f.g., agreed to merge, creating greece's largest bank. the deal raises confidence more bank deals could shore up confidence. and that's tonight's "market focus." >> susie: fitch ratings has settled negligence claims brought by the california public employees retirement system, or calpers. the biggest u.s. pension fund sued over fitch's ratings on structured investment vehicles that later collapsed. under the settlement, fitch will not make a payment to calpers. two years ago, calpers sued fitch, moody's and standard & poor's, alleging the inaccurate ratings cost $1 billion in

. >>> pfizer reportedly hopes to sell lipitor over the counter. the anti-cholesterol medication is the world's best-selling drug, however, pfizer needs a way to keep making profits when its patent expires in november. the company would have to convince the fda that people can properly use lipitor without consulting a doctor. >>> and good news for blackberry fans. at&t and sprint have announced they'll be selling several new models later this year. most noteworthy are the new torch models which ditch blackberry's signature signature keyboard in favor of a full touch screen. blackberry's maker, research in motion, has been losing ground to apple and android devices. >>> anheuser-busch unveiled this sharp-looking new budweiser can hoping to revive sinking sales. this is the 12th new can for budweiser, which was first available in cans 75 years ago. >> ah, that looks good right about now. >>> all right, next on this thursday morning, the major thing that will be missing from this year's jerry lewis telethon. >>> and then the beluga and the band taking

so, now pfizer is reportedly looking at a new way to sell lipitor. over the counter. some doctors say making it more accessible could save millions of lives. >> this is probably one of the best ways to reduce the risk of having a heart attack or stroke. and tens of millions of patients could and should be treated but aren't currently. >> reporter: if you're on a statin like lipitor, your doctor probably checks your blood, monitors your liver function, for any problems. so, is it save to take without a doctor's supervision? >> somebody taking lipitor over the counter by themselves, they would have no idea if it was working for them. >> reporter: take too little, you may still be at risk for a stroke or heart attack. take too much and you could cases, fatal muscle problems.re and there are concerns that if you sell a statin over the counter, people won't take it seriously. >> people won't think it's a real drug and they will just take it sometimes and not other times, you knono my grandma might take an extra hamburger for night that dinner and said, it's okay, i'll take

here for we all knew about the patriot act there was the foreign intelligence surveillance act or pfizer this legislation was originally drawn up back in one thousand nine hundred eighty eight and it provided the exclusive means by which other tronic surveillance and interception of domestic wire oral and electric communications may be conducted however it's also required a special federal court approval before it conducting acts of surveillance but of course the bush administration well they found that to be a hassle for their spying efforts so that's when you offered up his official legal opinion in the memo now knowledge of this memo is nothing new here is to go members of congress also wanted to know what was included in the classified information so after pleading with the office of legal counsel one ally only one lied was declassified and shared with the public and it read unless congress made a clear statement in the foreign intelligence surveillance act that it sought you restrict presidential authority to conduct warrantless searches in the national security area which it has no

it was done because pfizer had already located a test facility in new london. at the same time that the navy had -- or the coast guard had abandoned a military site. and the hope was that by redeveloping this part of town, they could attract other corporate development. um, there's no, there's absolutely no proof that there was anything untoward done on the basis of the decisions, and and as i say, it wasn't just done by the new london development corporation. it was specifically approved by the new london, by the new london city council. now, look, nobody says that politics at the local level as at the federal level is without the influence of powerful entities what's needed, of course, is more transparency and more participation. and i strongly back that. but i stand by my, by my view that those are the proper remedies and not taking away an entire power from local governments to engage in economic redevelopment. >> i'm going to ask a question, then -- >> whatever order. >> that's fine. and commissioner harriet, commissioner kline. last week the pew research

. >> well, why don't pfizer and you just go -- >> don't say it >> i don't have a problem with pfizer.p the twitters right now. >> what do you think of twitter? >> sometimes i'll just write something so rude back to the haters then it blows up. but i do actually get some really -- i hate to say this, amusing death threats. >> some of them prosecute so over the top and they'll do a thing where they'll include, like, sarah palin or michelle bachmann. always from like jesus loves you 123. someone wants to shoot me as the earth parts and i go all the way down and then i get to my corner booth in hell where i think i'm going to see you, frankly. and he's still shooting but the bullets melt because i'm in hell. i thought this through. >> do you like the engagement on twitter? >> no, i like that you don't engage. i don't do facebook at all. or as my mother says faceplace. that scares me. i have friends that have broken up because of the status update. twitter, i can put out a joke, or talk about being on this show. i can say i'm on john king live or whatever your name is. i'm saying positive

i have nothing against pfizer. let's stop the hate tweets right now. i'm already busy with the jesus lovers. >> do you like being engaged with twitter? >> i love twitter. >> how do you deal with the fury? >> i don't know if you do it but every once in a while i write something so rude back to the haters. then it blows up and i love it. i hate to say this but i get amusing death threats. >> amusing death threats. >> some are over the top. they'll often do a thing like i call it cc'g but include sarah palin or michele bachmann and always from jesuslovesyou123. there's one guy who wants to shoot me down all of the way to hell. he wants to shoot me as the earth parts and then i go all of the way down like james franco in "127 hours." and then i get to my corner booth in hell, where i think i'm going to see you, frankly, and then he's still shooting but the bullets melt because i'm in hell. i've thought this all through. >> do you like this engaging with people? >> no, i like that i don't engage. i don't do facebook at all. as my mother calls it, face place

pfizer's second quarter profit, expectations and forecast was bright, nevertheless, shares fell over 4 1/2%. archer daniels midland dropped after promising expectations. coach lost 7% after reporting a loss in profits. also adding to the bleakness july auto sales rose only slightly, threatening to derail that industry's fragile recovery. european markets hit their lowest close in 11 months on more bank worries linked to greece's debt woes. finally after a six-week investigation police in new jersey arrested a 29-year-old woman who took breaks on the night shift at dunkin' doughnuts to provide sexual services to customers in their cars. >>> tempers flare in milwaukee, the sox beat the tribe and a bad throw with a fake steal. kevin durant on the court in harlem. >>> for the lucky few, thunderstorms will cool you off from this amazing heat. your forecast is coming up. >>> well, good morning. if you're just waking up, this is "early today." in sports for both the mets and the marlins it's been the kind of season that makes it not too surprising that the most noteworthy part of last night

and drugmaker pfizer is charging more than $115,000 a year for the drug. progress in cancer, now routinely coming with big price tags. robert bazell, nbc news, new york. >>> when we come back in just a moment, remembering what may be the last voice of its kind. >>> you may recall a couple days back when the gadhafi regime crumbles, the unceasing firing of automatic weapons in the air. very prevalent in that part of the world. we've seen it in a number of events. all those rounds that go up have to come down and when they do, they kill and injure people. it happened again, several times in libya. our own richard engel saw a banner going up in libya and sent us the picture of it. "please stop shooting fire in the air it risks people's lives." it's signed by the rebel government, one no arabic and one in english to show the world they're aware of it and trying to stop the problem. >>> in this country, controversial michael vick has been richly rewarded for playing football. the eagles will pay him $100 million over six years, making him third best-paid quarte

>> look allow blue chips stocks 12% and now you are see an dividends in the 3 d 5% >> i would by pfizer a mcdonald's something is wrong with the financials in america you could take advantage of wells fargo at&t there is a lot of safety in the stocks right now. >> now an update on weather >> we are keeping an eye on at this morning fog over san francisco and you can see the city's rodded intend it will eventually make its way out of here it is starting to think her upper all little fairly solid. a quick look at walnut creek a little bit clearer not as much in the way of frog fairly nice this afternoon temperatures in the '50s. i'll look a temperatures for later on this afternoon below the warmer than yesterday 85 bohai a little more '70s and '80s. and in north bay copper '70s mid- 80s. mostly cloudy skies are seven day forecast stable weather for the next seven days temperatures what not varying very much. at 7:22 a.m. let's check that traffic >> we are not tracking any hotspots or delays all bridges all look good the metering lights have just been activated on the bay bridge it new-lin

other quarterly earnings coming out, pfizer, office max and hyatt hotels. >>> later today the major automakers will start releasing information on new car sales for july and wall street will be watching. those figures are used as indicators of consumer demand and another gauge on the country's economic recovery. >>> ford announcing a recall of a little over a million full-size pick-up truck in the u.s. for faulty gas tanks. the recall comes after several fires were reported from the defect. check out cnn money for the latest on this recall and the latest on your money. yoo-hoo. hello. it's water from the drinking fountain at the mall. [ male announcer ] great tasting tap water can now come from any faucet anywhere. introducing the brita bottle with the filter inside. the possibilities are dless. inin.. to tuesday and wednesday only. hotels.combe smart. book smart. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a. auto insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military, veterans,

the people behind this are actually some of the largest corporations in the country people like pfizer riaa glaxo smith kline the national cattlemen's beef association the first commercial all these industries and corporations with a vested interest in labeling are just as terrorists in addition to that they're all industries with a lot of financial influence on congress and they've donated heavily to these campaigns they've helped the locks many of the same people that they've been called upon to label activists as terrorists. the lady and gentleman please stand and raise your right hands to each of you solemnly swear that testimony you about to give their something relation with the truth the whole truth so help you god. and akko terrorists same who want to destroy civilization as we know it and order to save the planet close quote h r forty two thirty nine would expand the reach of the animal enterprise terrorism stature to specifically quote the use of force ballance or threats against entities that do business with animal enterprise organizations we need this legislation to enable

pfizer's second quarter profit beat expectations and its forecast was bright.theless, shares fell over 4.5%. arch daniels midland dropped 6 . 56 missing profit expectations. coach lost nearly 7% after reporting a loss in profits. also adding to the bleakness, july's u.s. auto sales rose only slightly threatening to derail the industry's fragile recovery. european markets hit their lowest close in 11 months on more bank worries linked to greece's debt woes. >>> finally, after a six-week investigation, police in new jersey arrested a 29-year-old woman who took breaks on the night shift at dunkin' donuts to provide sexual services to customers in their cars. >>> well, tempers flare in milwaukee. the sox battle the tribe and a bad throw with a fake steal. plus, kevin durant taking a few lessons on the court in harlem. your "first look" at sports is straight ahead. specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician get

. >>> pfizer pharmaceutical, the company that makes lipator, lipitor, reportedly plans to ask the federal government to allow the sale of an over-the-counter version when lipitor's patent expires this fall. experts are skeptical that the fda will let so many people take lipitor to treat themselves in effect, for high cholesterol without the supervision of a doctor. >>> still ahead on our broadcast, our team on the ground has expanded tonight in one of the saddest places on earth. richard engel reports on the race against time to save the children. >>> and later, president obama, after a week that would give anyone gray hair, harry smith is with us tonight on what he can expect now that he's 50. cc1:cc1: : >>> we're back. now to our continuing coverage of the dire situation in the horn of africa, most especially in somalia, where at least 29,000 children under the age of 5 have died in a relentless famine that gets worse by the day. secretary of state hillary clinton today urged somali militants to let desperately needed food aid through to millions of starving people who need it. we have

income and spending numbers for june are released, and we'll see quarterly results from cbs, coach, pfizer, sirius xm radio and toyota motor. also tomorrow, speaking of autos, we'll see how the big automakers fared in july as the industry reports its monthly sales numbers. big job cuts at h.s.b.c. holdings-- that's the parent of europe's biggest bank, h.s.b.c. it announced 5,000 cuts today, and said it plans to eliminate an additional 25,000 positions by the end of 2013. the moves would cut about 10% of the company's global workforce of roughly 300,000 people. competition is one reason the bank is exiting the retail banking business in russia, poland and the u.s. >> tom: big problems for the smallest city in the nation's smallest state. central falls, rhode island, today filed for bankruptcy protection. the tiny town's finances have been under state control for over a year, but a state- appointed receiver was unable to implement the cuts needed to clean up the city's finances. central falls has $21 million in outstanding debt and $80 million in unfunded pension and health benefit obligatio

while it's given many patients several good years, eventually it stops working and pfizer is chargingore than $115,000 a year for the drug. progress in cancer now routinely coming with big price tags. janell wang, nbc bay area news. >> how very nice. let's bring in rob mayeda with a look at the forecast through the week. it's kind of smooth sailing, rob? >> thing also start to warm up between today and tomorrow before the numbers make a run into the 90s. right now in san jose, some patches of low clouds but not too bad. currently sitting at 60 degrees. a southeast wind at 9 miles per hour. in oakland, 58 degrees. around san francisco, starting to see a few interesting changes. we had a lot of low clouds earlier in the evening. 56 degrees, and actually a little bit of clearing around the coastline, up in the north bay as north winds start to work their way down the coast. the first sign they're about to see a pattern change taking place, leading to temperatures coming up. 50s and 60s outside. by tomorrow morning as the skis clear, upper 40s around nevado and santa rosa for the morning.

pfizer hasn't confirmed it but the "wall street journal" says the company hopes to offer an over-the-counterersion of lipitor when more than 100 prescription generics become available in december. >>> all you spanks devote at as out there you have a new way to wear their favorite body swimming secret. it's on the outside. the brand has introduced a new workout line. there are pants and tops not cheap though about $100 for the pants. there are other brands that promise that they can slim and sculpt your shape, as well. reebok has a line with built-in resistance bands. sounds comfortable and yoga pants promise the perfect rear end. >> lulu what? >> lulu lemon. >> haven't shopped for yoga pants in year. >> i just wondered what spanx. >>> forget about the cake an candles. a dublin granny jumps into her cake. >> and an extreme celebration coming up. ,,,,,,,,,, honey...? [ mom ] yes. honey, i can't find my internet cord. oh, i'll borrow hailey's. you're downloading movies. fast! from here? where is her cord?! we switched to at&t high speed internet and got wireless access. no more cords. wireless,

sell clost ral medication over -- cholesterol medications over the county but they may consider pfizer's proposal. the drug-maker would have to show that people can monitor their use of the drug without doctor's oversight. >>> you can't replace the energy bar with a candy bar yet, but there is a connection between chocolate and building muscle. researchers at u.c. san diego found giving mice purified form of the main ingredient in dark chocolate developed increase muscle response, even without exercise. scientists aren't sure if the effect is the same for all people. chocolate that isn't in liquid form doesn't contain the ingredient. >> it's working to get to the chocolate. >> the workout we can get behind. >>> 4:57 now. coming up on abc7 news at 5:00, the warning airport officials are giving to travelers as dispute in congress keeps the faa shut down. >> health officials track down the source of salmonella tainted turkey. next, what you need to know to keep you and your family safe.

pfizer reported its earnings in line with expectation and sirius profits jumped last quarter. later today, the major automakers will start releasing information on new car sales for july. wall street will be watching. those figures are used as indicators of consumer demand and another gauge on the economic recovery. ford recalling more than a million pickup trucks because of fuel tank straps that are rust and causing the fuel tank to drag on the ground. several fires reported on this defect. the f-150 model from 1997 to 2003 and some f-250s, 1997 through 1999. take a look on cnn/money.com for the full lift. ahead on "american morning," the costly fight in congress over funding for the faa. "american morning" back after the break. turn left. you have arrived. sweet belt. e-reader for textbooks. gps. video camera for lectures. game pad. have you considered this ? it's got all that and more than 200,000 apps. technology to learn and play on-the-go. only at verizon. android powered. playstation certified. the xperia play by sony ericsson. only $99.99. >>> welcome back to "american

the pharmaceutical giant pfizer has not confirmed it but the "wall street journal" says the company hopeso offer an over-the-counter version of lipitor when prescription generics become available in december. >>> budweiser is giving its beer cans a new look, an effort to revive weak sales, parent company anheuser-busch unveiled a bolder sleeker design for its cans that puts a mefy emphasize on the bow tie design, it's the 12th redesign since they began offering their cans back in 1936. >>> talking about rushing the season, harrod's, the biggest department store in london already launched its christmas decoration sales, the earliest they've ever done it. it's catering to the summer tourists who visit london. including today just so you know there's just 143 days left until christmas to do your shopping so you can get me my present. >> your present, what about mine? it goes both ways. >> i've got yours. hiding in my desk, don't look. >> ashley morrison here, i don't want to know what it is, don't want to talk about it. ashley morrison here in new york, ashley, thank you. appreciate it. >>>

aviation the sensation is a fifth generation pfizer has made its international debut. isn't flying out it's not just cutting edge aircraft take to the skies in the capital. now the republicans up here in the russian caucasus is gearing up for an early election a following the death of its president stakes are high for any future leader as the region still recovering from conflicts with neighboring georgia next week one of the presidential candidates prime minister. about the challenges his country faces . we are in the republic of a pause here where preparations are under way for the august presidential election so hey sean what is the country's prime minister and also one of the candidates and he's here with us today the upcoming election is the second presidential election after a clause in games recognition of what does it say about the policy as more than an independent state. we have been an independent state for a longer time than we've been recognized so this is in fact already our fourth election democracy is working its way into our society and so each time el

announcing a loss from a lag in production after the earthquake in japan but raised its earnings and pfizerted its earnings were in line with wall street's expectations. other earnings including sirius xm, office max and hyatt. >>> minnesota is getting a downgrade on its debt from moody's. the ratings agency says new revisions to the state's balance sheet could create future gaps in its budget. the revisions made to end the government shutedown which ended last month. >>> the major automakers will start releasing information on new car sales for july. we'll be watching closely. those figures are used as indicators of consumer demand and another gauge on the country's economic recovery. >>> ford is recalling more than a million pick-up trucks because of fuel tank straps that can rust causing the fuel tank to drag on the ground. several fires reported from the defect. the recall covers the best selling u.s. passenger vehicle the f-150 from 1997 to 2003, some f-250s, 1997 through 1999. >>> "american morning" back right after this quick break. hey, check it out. she's using the mr. clean magic

it was done because pfizer had already located a test facility in new london. at the same time that the navy had -- or the coast guard had abandoned a military site. and the hope was that by redeveloping this part of town, they could attract other corporate development. um, there's no, there's absolutely no proof that there was anything untoward done on the basis of the decisions, and and as i say, it wasn't just done by the new london development corporation. it was specifically approved by the new london, by the new london city council. now, look, nobody says that politics at the local level as at the federal level is without the influence of powerful entities what's needed, of course, is more transparency and more participation. and i strongly back that. but i stand by my, by my view that those are the proper remedies and not taking away an entire power from local governments to engage in economic redevelopment. >> i'm going to ask a question, then -- >> whatever order. >> that's fine. and commissioner harriet, commissioner kline. last week the pew research

kaiser it was great to see max thanks for having me and that's going to do it for this edition of the pfizer report with me max kaiser and stacy herbert our thank my guests terry ball going to send me an e-mail please do so at kaiser reported r.t. t.v. dot are you it's all next on the select guys like by our. in india all she's available games the magog mom joy steve jones d m a v let's take a photo of brandon parents trying to talk with him first coromandel.